Newspapers / The Charlotte Herald (Charlotte, … / Oct. 24, 1924, edition 1 / Page 3
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©awes’ Defenders Protest Over much Their Hero’s Innocence By FRANK E. WOLFE. Defenders of Dawes are protest ing overmuch. They are scrambling the whole defense with their loud cries about the innocence of their hero. It is admitted by the most earnest protestants that Dawes broke the baiticing laws of Illinois in the matter of compounding an unlawful act with William Lcrimei when tne candidate for vice-president supplied the La Salle Street Trust and Savings Bank with funds of the Central Trust Com pany to the amount of $1,250,000 which was used as a ^dummy” fund to convince the state auditor that the bank had an adequate supply of cap ital and surplus to lawfully permit the institution to change over from a national to a state bank. According to statement issued by John Barton Payne, in apologizing for the illegal acts of Dawes, the lat ter did something that many other bankers have done in the past—in fact, he indicates it is a common custom! .He says it is practfce^ frequently and that it was not an’ “fhtentional violation of the law-.” , When the Lorimer bank busted no doubt Mr. Lorimer did not in tentionally bust it, but it was just as. busted, so far a? the depositors were concerned, as if the act was intentional. In fact the depositors did not con sider Mr. Lorimer’s inadvertent and unintentional acts as entirely blame less. They got action. The Chicago Title and Trust Company as receiver far the Lorimer bank sued the Cen tral Trust Company (Mr. Dawes’ bank) for $1,000,000, charging that by supplying the dummy capital it had violated the state banking law's, arid theefore should be held respon sible to the creditors. Recently the caise was decided in favor Of the plaintiff and Mr. Dawes* barrjt must pay something like $100,000. •;Let us have some of Mr. Payne’s own words by way of explanation: ;“When application \\as made to organize the state institution, the .auditor stated to Mr. ' that it j was the practice 4# rWuirfjt the acjtual cash capital arid sirrpltis of this proposed organization to be pre sented and counted. j‘Mr. Lorimer weiit to the Central Tfust Company >amj a|ke€ General Djj.wes, then whether A^>,,CyT)n,sr,'TfirSt' Company would cafeh the cashier’s check of the La Salle Street National Bank for $1, 250,000, stating that the bank had a4eqate assets in the form of notes and other securities, blit did not, of cqprse, keep on hand the entire aihount of its capital and surplus in currency, and to call in cash would require the calling in of notes and arj annoyance to the bank’s cus tomers... . ; (ivv v ’“General Dawes replied that he Democratic state ballot ! For United States Senator: F. M. SIMMONS f For Governor: f A. W. McLEAN i For Lieutenant Goteliiol*: J. ELMER LONG f For Secretary of State t W. N. EVERETT ■ : For State Auditor: BAXTER DURHAM For State Treasurer: j. BENJAMIN R. LACY l For Superintendent of Public t Instruction: * A. T. ALLEN | For Attorney-General: I, DENNIS G. BRUMMITT tFor Commissioner of Labor am } Printing: i ’ FRANK D. GRIST Wor Commissioner of Agriculture: j - W. A. GRAHAM 1 For Insurance Commissioner: j STACEY W. WADE for Commissioner of Revenue: RUFUS A. DOUGNHTON j For Member of Corporation Commission: GEORGE P. PELL Tor Chief Justice of the Supreme Court: W. A. HOKE For Associate Justices of the Supreme Court: HERIOT CLARKSON GEORGE W. CONNOR For Judge Superior Court: M. V. BARNHILL For Judge Superior Court— Third District: GARLAND E. MIDYETTE I '} I DEMOCRATIC NATIONAL BALLOT - Electors at Large: WALTER D. SILER D. F. GILES District Electors:?, First District:'it / HERBERT R. LEARY, Second District: J. H, MATTHEWS Third District: W. A. BROWN Fourth District: THOS. W. RUFFIN Fifth District: F. M. HANCOCK, Jr. Sixth District: MURCHISON WALKER Seventh District: K. R. HOYLE Eighth District: J. M. BOYETTE Ninth District: v GEO. W. WILSON Tenth District: C. C. BUCHANAN would cash the check with pleasure. Mr. Lorimer asked what would be the charge. General Dawes replied, ‘Nothing,’ that he would do- it as an act of courtesy. A cashier’s check of the National bank was thereupon drawn, the auditor and Mr. Loriiper came with the check to the Central Trust Company,, presented the same for payment, and the c,ash was deliv ered to Mr. Lorimer in the presence j of the auditor and by and by Lorimer handed it to tlte auditor, who counted it and handed it back to Mr. Lori mer. “The money was returned to the Central Trust Company, and the cashier’s, check of the national hank taken up. A certificate was issued, 1 certifying that the La Salle Street j Trust and Savings Bank wh duly 'organized.” ® Quite so. j Precisely, that and j nothing less. Mr. Dawes knew what the law was. He willingly ana 1 knowingly violated the state laws, To credit him with jngorance of the law is; to brand him as stupid and guileless. Mr. Dawes is not that. It was not a technical violation of the law. It was a real, deliberate and intentional act on the part of both Lorimer and Dawes and the de positors and the judges who have just said so in their decision, and Mr. Lorimer and Mr. Dawes know i So does any sane man who will give it a minute’s thought. The contention that Mr. Dawes had not the slightest intention to aid a fraud is not even specious. It is insincere and unconvincing and de spite Mr. Payne’s former high stand ing, does not carry weight. ED CANTWELL IS DEAD; LOVED BY POSTAL MEN Washington, Oct. 23.—Edward J. Cantwell, national secretary of the National Association of Letter. Car eers, died-in ‘ this -city following a general breakdown as a result of his efforts in behalf of the postal em ployes’ federal wage bill. The di rect cause of his death was pneu monia, which his weakened condition cou|d not resist. ' ■ 4 -Fbr 26 yeartf he has been annually elected national secretary and edi tor of the Postal Record; Prior to 1898 he was a member of the let ter carriers’ legislative ^committee. At |h^la|t| convention o^ hi* ization he was called" from the ball and the delegates then voted him $100 in gold for each year he had served the organization. To be of more aid to the workere he studied law and was graduated 2® years ago by Georgetown University. The funeral was held at Brooklyn, his old home. President Gainor and associate officers and members of the Letter Carriers’ Association, together with other trade unionists, attended the services. The A. F. of L. was represented by General" Organized Hugh Frayne. WANT FREE NIGHT SCHOOLS. Memphis, Tenn., Oct. 18.—The trades and labor council objects to a charge that pupils of Memphis night schools must pay. these schools are conducted by the public school authorities. The unionists insist that adults should be encouraged to attend these schools, rather than tax them. OIL PhOPITS INTO MILLIONS. New York, Oct. 23.—'The Union Oil Company of California reports a profit of $9,000,000 for the first nine months of 1924. This is after interest, depreciation, depletion, fed eral taxes and other charges have been covered. These profits have been made with a decreased produc tion of more than 2,100,000 barrels of oil in the nine-months’ period. An’ there’s Charity Dawes, as good a publicity hound as ever hung a jimmy pipe upside down. Lord, how he hates page 1! But when it comes tP collecting votfes, it is to be feared that the Dawes will have to more than hit the front page. And something more to the point than smoking a pipe top side down. There was that little jaunt down to Florida to tell Mr. Daugherty this campaign ought to be run on a union smashing basis. There is the good old story about the Lorimer bank and the fiscal rela tions of the Dawes bank to the Lori mer palace of ruination. There are the Minute Men, ready any minute to uphold everything in the constitution except the right of wage earners to organize. There is the support of the Re publican Dawes for a Democratic injunctionj udge just a few months ago. There is the Republican platform. There is—But after the Republi can platform there isn’t much. The last disreputable splinters were used in knocking together that Wornout old contraption and there was noth ing left but shavings. We shall hear more from, of and about Dawes before the election ar rives. It isn’t so much, that he’s an issue as it is that He's ah incident:— .Chester M. Wright, in October American Federationist. . Says Socialists and W. W. Will Destroy Labor Unions Buffalo, Oct. 22.—Thomas V. O’Connor, chairman of the Shipping Board, a Buffalo man and for years head of the Longshoremen’s Union,' was pne of the speakers at the Broadway Auditorium Wednesday night. He asked the audience if any one ip authority would deny that a large sum of money has been sent from Russia through Mexico to strengthen the cause of Senators La Follette and Wheeler, the Inde pendent National ticket. “How much money has been sent here by Soviet Russia,” he asked, “to win this fight and bring about un certainty in this country, the same as in their own country?” Mr. O’Connor spoke at length on the connection of union leaders with the La Follette-Wheeler . campaign and asserts that “members of labor organizations are not going to stanu for having their vote delivered by national officers or local represen tatives.” “Labor,” he said, “will never al- j low its vote to be delivered by that conglomeration of uinon leaders, so-j cialists and I. W. W.’s who have been enrolled or conscripted in the political army led by Robert La Fol lette.” “I am not worried,” he continued, “about the political effect of the La Follette vote in this campaign, blit what does worry me and should wor ry you. men of organized labor, is the destructive effect of a large xLa Follette vote upon organized labor. You cannot exaggerate the destruc tive effect a large La Follette vote would h^ve upon the present strong position of union labor, a position We have secured after many ^ears of hard, patient plodding. “It took many years for us to be come strong enough to obtain agree ments with employers, and it took I rugged honesty, which is absolutely j necessary, to carry out these ar-, rangements as to wages and working - conditions. And yet, we organiza-' tion men are now being asked to | deal with a group which constitutes] a small per cent of our total num ber—a group composed of I. W. W.’s who believe in sabotage, destruction of property and even the destruc-! tion of l*uman lives. To these I add the Socialists, the whole, outfit com* prising a gang of union wreckers.” Quoting Samuel Gompers as haw ing previously opposed Socialists within labor unions, the speaker said he Was now wondering at the p6si tion of Gompers, Prank Morrison, Matthew Well and other American Federation of Labor leaders support ing Senator La Follette. He sounded a warning to international officers of labor organizations “that a day. of reckoning is coniing, because the members of the union who own union funds are going to ‘demand an ac counting.” “They will ask,” he Said, “why a bunch of fake organizers have been placed on the different international payrolls, not for the purpose of or ganizing members in various locals, but for the purpose of boosting the political cause of La Follette and Wheeler.” £. P, O. PRINTERS GAIN; LONG DEADLOCK BROKEN Washington, Oct. 23.—After a deadlock for five months, during Which time a committee representing the journeymen printers employed in the government . printing office were t ' ? _,__:__ negotiating with Public Printer Gar ter for new- wage rates, a- settlement has been agreed upon; After the committee, with the officers of Co lumbia • t ypograpHical Union -acting in an advisory capacity had failed to secure a satisfactory proposal/ front the public -£riftter> President E)owaxdv, of the International* Typographical Union, was called in and seemed the offer which was unanimously/accept ed by the committee actings in behalf of tne employes. The proposal pro vides * for a general advarJce over the rate cf 90 cents per ho ir which has been operative since th e enact ment of the law conferring v^pon the public printer authority' tcfflx wage rates. The public printer alio with drew his original proposal that sev eral grades with variable rates? of pay for different classes of work I be es tablished, which suggestion met with general opposition by the printers. The new scale, which will be pre sented to the joint committcie on printing of congress^for Its approval, is as follows: Hand men, 95 jcents; readers, make-ups and impose rs, $1; operators, $1.05. Night rates are 15 per cent higher than day rates. iOvef time and Sunday work, price and one-half; holidays, double pripe arid one-half. This is the first tone in the history of the government j print . i mg office that pi’ice and one-half has been allowed lor overtime. Last year’s fiat rate was ;85 cents an hour. OPPOSE INJUNCTIONS, Cincinnati, Oct. 23.—“I am • run ning for this office to make a dem onstration against government by in junction,” said Nicholas Klein, law yer of this city and candidate for the short term of the state supreme court; “Short as my term will be I intend to devote every nibment of it to the task of bringing to the people of our state an understanding of the out rage that inheres in the use of the injunction in labor disputes. T shall take the opportunity of making a state-wide attack on the whole sys tem of government by injunction and rny words will not soon be forgotten by judges.” . BUTCI-fERS WIN 12-YEAR STRIKE Louisville, Ky., Oct. 23.—Organ ized butcher workmen have won their 12-year strike against the L. P. Born wasser Company of this city. All differences have been adjusted and the firm has signed the eight-hour wage scale of local 227. BELK’S BELK’S -- This sale is looked for and anticipated by thousands of customers. It means dsiys of tlirifty sayings. NOW IN FULj. SWING s \W ALL (SATBAM BLANKETS at Special Sale Prices Look for the Sale Tickets and Save Money on Your Blankets Extra special in 50 pairs Chatham Wool Blankets only 50 pairs. Best $6.95 Blankets, 25 per cent wool 66x80—all colors—large plaids, at-$4.95 200 yards pretty cotton checks—small or larger plaids, at, yard-i_-10c Good Hickory Shirting at-.16 2-3c Good heavy blue cheviots at 15c, 16,jc 50 DOZEN PILLOW CA&ES AT 29c EACH. Made by the Pepperell Mills—under a different brand we think just as good fOr this sale at ______—s—__L___29c 20,000 yards 32 and 36-inch Dress Ging ham—'Regular prices 15c to ‘25c. In lengths 3 to 10 yards. On . two.“big counters, best fast colbts, at _1__j_15c lOjOOO yards of the best standard -ging hams—Bates, Kalburney and other-' gingham — Romper C16ths, Ladlassie, etc. All worth 29c to '35c., Buy any . of'these at this sale at —25c For the Harvest Sale we will sell 90 inOh best 60c full bleached bed sheeting, for yard ___-50c Best 9-4 81-inch Utica sheetings, regu lar 75c to 85c good—genuine Utica sheeting at __,_67He '20 dozen only for this Harvest Sale. Extra fine bed sheets 81x90—the best $2.00 sheets made at__$1.69 All sheets and pillow cases at Harvest Sale prices. All sizes. Counterpanes, quilts, blankets—all yel low ticketed for this, our Annual Har vest $ale. )r \ 81x90 FULL SEAMLESS BED SHEETS At $1. This is a good heavy sh^et, none better ior $1.25 and some nht as good for $1.50. For this sale atsj.,.-$1.00 FOR FALL SALE ONLY 1,000 yards Barker Mii|s Bleach—the^ best 25c bleach made atU_— 19c Also the Truth Muslin add fine Cambric, the best 25c quality, aft ,-19c GOOD QUALITY CANTON FLAN NELS AT 15c, 16 2-Sjc AND 19c Bleached Canton Flannels. Extra spe cial at -44_16 2-3c For the Fall Sale only-til5c Longcloth and Bleach Domestic, $6 inches wide, at .yard-,-10c GOOD TIME TO BUY YOUR OUT INGS AND FLANNELS FOR THE j. FALL AND WINTER. 1.000 yards, yard-wide js^hite outing— the 25c' quality at-14_-;-19c 5.000 yards best 25c outing for under wear at__4-i_16 2-3c if 1>000 yards 36-inch fine Sea Island or sheetings, a good one, atj, yard —.__10c A Splendid 10c Apron Gitrgham, yard 5c All Belk Stores Giving Exceptional Values During This Fall Sale Patronize The Belk Store In Your City All departments included. These days are real k&rvest opportunities to the thrifty and economical. ^ MONEY SAVING VALUES 1 f md WOMEN’S, MISSES’ AND CHILDREN’S KNIT UNDERWEAR AT TREMEN DOUS REDUCTIONS . „ } !> I ■ **'*' «j ■ . Consisting of'all kindsi-^pants, vests, tinion suits—a.ll sizes end ages at about half the , t regular price— 19c, 25c, 29c, 39c, 49c, 69c Garments sold 25c to $1100. JUST IN FOR THIS FALL SALE FOREST MILLS UNDERWEAR We have sold this same underwear for 25 years. Every year it gets better. 'This mill makes the best fitting, best wearing underwear we can find—and the prices we make on it makes it the most popular un derwear you can buy—See the new line in > this salesladies’ and misses. BOYS’ AND, GIRLS’ SCHOOL SWEAT ERS AT FALL SALE PRICES. Heavy sport ribbed in all colors and sizes. Reds, blues, browns, grays. Some roll collars, slip-overs, etc., at— . 98c, $1.48, $1.98, $2.48, $2.95 See these on first floor—all yellow ticketed. 200 DOZEN SILK LISLE HOSE AT 25c PAIR This is a remarkable value in ladies’ hose. In the lot you Will find real 50c hose. Some are imperfect but most of them hardly can be told from firsts— a genuine 50c value it__._25c BELK’S SPECIAL LISLE THREAD HOSE This is one of * our extra specials. A regular stocking with1 us—none better for 50c. Ask to see these at >:_35c 3 pairs for___$1.00 SILK AND COTTON SPORT RIBBED HOSE A very special hose, beautiful finish, heavy, sport rib to the toe_98c HOUSEHOLD NEEDS AT BIG SAV INGS. 50 dozen all corn brooms, good strong • quality. No grass, all brooms", corn, :> -.at---—- 25c 25 dozen very best 50c to 60c brooms— 4 and 5 strings. Purest broom straws at -- 39c LAUNDRY SOAPS CHEAPER THAN YOU EVER HAVE BOUGHT THEM. 12 cakes Arrow Laundry for_40c 7 cakes larger Star Laundry for __25c 7 boxes Pride Washing Powder __25c 6 cakes P. <fc G. White Naptha Soap 25c 6 cans Sunbright Cleanser for_24c Limit 5 to a customer—Old Dutch Cleanser, can.__6c Limit not,ofer 10 cakes P. & G. Pure White Ivory Spap,'IOCsize, at, cake 6c HOUSEHOLDfHANDY STEPLADDER, jVV,:; . 75c This is RUye^yV convenient, strong and useful.ladder.’‘It’s cheap at $1.00. We shall seir.^oitfehundred at-_75c Men’s and Young Men’s Clothing We were never in just as advantageous position to save you money on Fall and Winter Clothing as we are just now. \ The best standard high class clothing, newest styles and materials. We aye pretty sure that we can save you quite a good sum on a new suit or overcoat at “Our Annual Fall Sale Prices. i Men’s all wool suits—newest materials__$16.95, $19.95, $25.00, $29.50 Quite a number of these special suits have two pairs pants. A wonderful line of men’s overcoats in this Fall Sale-— . v, $14.95, $16.95, $19.95, $25.00 up FALL SHIRT SALE AT $1.0(1 For this Fall Sale we are putting out 200 dozen men’s fancy shirts, made of good quality percale, pretty patterns, colors good. You will pay $1.50 and not get a better one. Extra special_$1.00 Great values in men’s wdrfc shirts-;— made of good quality blue and gray cheviots—50c—69c and. 98c, The beet shirts in America for the money. 500 DOZEN MEN’S FIBRE SILK SOX Actually 39c to 50c value. See them in our gents’ furnishing department; All colbrs-—double heels and toes—and you can get no such values—4 pairs for $1.00 Great • Fall Sale of men’s pajamas—flan nel or outing—all sires— $1.50, $1.98, $2.50, $2.98 These garments are all silk braided and are well made. IN OUR MEN’S UNDERWEAR It’s a good time now to save on your un derwear.' Mien’s union suits in all sizes, good quality at $1.25, $1.35, $1.45, Si.75 Men’s 2-piece garments in the plain rib or fleece at —__75c and 98c Big line of ^Wright’s Health Underwear in all the different weights. BELKS BETTER VALUES FOR LESS .11 .. 1 ■ ..1 "'r 1 • ■■ BELKS
The Charlotte Herald (Charlotte, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Oct. 24, 1924, edition 1
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