T. B. SHERRILL, Editor and Publisher
VOLUME XLIX
I Solons Await Message
I From Governor-Elect
_ I ▲
fceiieved ThattNo Really Im-
T portant Laws Will Be Made
Lentil Mr. McLean Has
Made Recommendations.
Revenue bill is
£ TO COME FRIDAY
■)ther Important Bills Have
|| Been Presented But There
I Is Little Prospect of Ac
tion On Them Now.
■ Raleigh. Jan. 12.—Beginning with
art* exepeted tt) be brief sessions
■- th,* Senate and House tonight at 8
■oitH-k the general assembly will enter
second week of the 10215 biennial
■Liun. Members who spent the week-
H,d at their homes throughout the state.
Here returning today to be on hand for
'sitting.
■ The opinion is expressed by many of
members remaining over in Raleigh
■ r week-end. that the enactment of
important legislation may not be
before the general assembly
H urs tl'e new governor’s recommenda
■o. After his -first formal message
■ Jaw making body which will like-
be delivered between bis inauguration
and February Ist there will
H* conferences between the executive aud
Hem hers "f various legislative commit
■ Several important bills, however, al-
Beady have been introduced. One that
Bvill likely call forth much debate is the
King bill designed to repeal the exemp
tion on foreign stocks. Then there has
*>on placed in the hopper a bill designed
;o regulate commercial motor traffic. The
[Vole bill, designed to bar teaching of
‘volution in the public’ schools is with
he commit tee on education and may be
■eported out soon. This, as it has noth
r.g to do with what are generally known
is policies, is’ expected to call for no par
icular lineup. • Jiust what turn the dis
■iissions might take may not be subject
i, much expressed opinion.
The new revenue bill is expected to
>e ready by Friday of this week. This
)ili will be submitted to the State budget
lommission which after recess of nearly
wo weeks will meet again on Tuesday
n the governor’s office. The revenue
till F being drafted by the State board
>f ssesssments, composed of R. A.
>oughton. State commisaioner of reve
ille. W. T. I,ee. chairman of the North
fCatoliita Corporation Commission, and
Llantes S. Manning, the attorney general.
fTbe law requires that the revenue bill
be drafted within ten days after con- j
vening of the geueral assembly.
In drawing the new bill the framers j
are said to have discarded the idea of j
any sales tax to raise additional reve- 1
nues. ‘
The inauguration of Governor McLean j
will be one of the most important events '
of the week. The ceremonies incident *
to this will take up nearly all of Wed- •
nesday beninng at noon. Members of
the general assembly will meet in their'
respective halls and then go to the audi-J
torium where the new governor and other j
,elected State officers will take the oath, j
Although the new executive generally
touches upon the policies in his inaugural
address, thus is not what is termed a
’’me-sage to the general assembly” in the
strictest terms.
There will be a meeting of the house
committees on courts and judicial dis
trict' tomorrow, at which time definite
action is expected looking toward a mea
sure to'increase the number of superior
court judges and increasing the number
of judicial districts.
There will be a joint session of the
Boise and Senate tomorrow for the pur
pose of declaring the results of the 1924
elections. The electors chosen to cast
the State’s vote for John W. Davis and
Charles W. Bryan for President and Vice
President were called to meet in Ra
loigli at noon today.
Want Jobs as' State Policemen.
Raleigh, X. C.. Tan. 12. —Applications
f"r jobs as state policemen have already
begun to come in. The first, receivede at
thd office pf the secretary of state, was
from Rosemary. The applicant, knowing
that a bill for the establishment of a
State constabulary will likely be intro
duced if a favorable report is made by
the commission studying this question,
gives hF course-at a school for detectives
as reference. “I am a graduate detec
tive.' la* writes, “I am now just after
'"day making my inspection with your
officers on the farm.
1 pan identify any man or anyone
*»'.v time lie might escape from your farm.
1 mu now employed but will accept a job
with you as a guard and I will prove my
work."
•‘Yours truly,
‘‘L. W. E.”
P 8. In answer kindly refer to the
■number in upper left hand corner of this
letter, Thanks*!
Exhibition to Be Made at Next
County Fair.
committee from both the city and
tiiral schools mets in the court house on
li ls ' Saturday aijitl drafted a premium
f° r a school •'exhibition to be made
tliP county fair next wall. This list
I ‘ " i’tdcs work through the primary de
■ hartment. grammar school department
B ,u ‘d liigli school department. It pro-
B ' . f" r some handsome prizes and a
■j" s ty ~ f articles to be exhibited. The
■ will he confirmed by the fair asso-
H n*? r *° n ' P r ‘ ntp * and Put in the hands of
■ the teachers throughout the county
■ bn'' r *" mxt * ew d a >' s that they may
■ H B>u at once to provide their products
■ for the fair.
I sIM *; 1 n ' tP( * States government pays
■in i‘ V more than ten cents for each
B e/l serv< soldiers. Three meals for
cost the army 31.65 cents.
THE CONCORD TIMES
r
’ , FURNACE MYSTERY IS
;1 DISCUSSED BY PASTOR
5 Rev. Mr. Sheatsley Breaks Silence Re
garding Cremation of Wife in Fur
nace.
Columbus, Ohio. .Tan. 11.—Anonymous
I letters, purporting to have been written
' by members of his congregation today
caused Rev. C. V. Sheatsley. pastor of
Christ Lutheran church, of Bexley, to
\ discuss before his congregation the mys-
J tenons cremation of his wife in the fur
- ( nace of the parsonage on November 17.
. It was the first time the pastor had
mentioned the tragedy since resuming
his pulpit.
“Several anonymous letters, purport -
i ing to have been written by members of
» my congregation,” the Rev. Mr. Sheats
! ley declared, “have asked me why we
“ have not mentioned the tragedy that
t took place in our home.”
j This statement brought Rev. I)r. Ed
, ward Pfeiffer, professor of Capital uni
versity. where the Rev. Dr. Sheatsley is
I professor of religion, to his feet with an
j appeal for the pastor to discontinue his
remarks.
I "This congregation has gone on record
ns expressing absolute confidence in the
j innocence of our pastor and of every
, member of his family. I, personally, was
dissuaded with difficulty from offering a
| reward of SI,OOO for information leading
i to the conviction of any person or per
; sons guilty in this affair. What do the
people want? Did our resolution have
no weight?” I)r. Pfeiffer declared. |
Columbus newspapers have printed a ■
number of letters bearing on the Sheats
ley furnace mystery, many of them de
nouncing the pastor and members of his
family for not offering a reward for a
solution of the mystery. Tt was publica
tion of these letters and others, written
directly to the pastor, that caused him to
discuss the matter before his congrega
tion.
The Rev. Mr. Sheatsley stood silently,
and with bowed head, while Dr. Pfeiffer
talked, then answered :
“Dr. Pfeiffer has misunderstood me.
It is I. not the congregation, who has
been questioned. I wish to ask my con
gregation to wait in patience until the
rigid aud thorough investigation now be
ing conducted by the regularly constitut
ed authorities is completed and their
findings made public, and I wish all of
you to rest easy in the confidence that
when findings are made public, neither I
nor any member of my family will be
in any way criminally implicated.”
The pastors’ last remarks were direct
ed toward stories carried in local pa
that County Prosecutor King had sub
mitted evidence gathered by his investi
gators before a grand jury.
Mrs. Adie Sheatsley's body was found
lin the furnace of the Bexley parsonage
! late in the afternoon of November 17
j when the minister returned from town.
A coroner made a preliminary exami
nation and expressed belief that the wo
-1 man was a suicide. Prosecutor King,
. however, was not satisfied with the de
cision aud began an investigation which
} lasted for several days. Failure to un
'cover any new information led him to ac-
I cept the coroner’s official suicide verdict,
j Prosecutor King would not discuss the
j evidence alleged to have been presented to
the grand jury.
ENGLAND AND FRANCE
ARE AGAIN FOG-BOUND
Number of, Street and Rail Accidents Oc
cur in London and Paris.
London, Jan. 12 (By the Associated
Press. —London is again fog-bound. The
worst fog in many years yesterday caus
ed a number of street accidents and some
deaths. Traffic stopped almost entirely.
There were numerous cillisions between
buses in which passengers were injured.
Causes Wrecks in Paris.
Paris, Jan. 12.—Three rear-end train
collisions occurred in the Paris railroad
yards this morning during one of the
heaviest fogs France has evei 1 experienc
ed. Nine persons were slightly hurt in
one of the collisions.
To Study Problem of Distribution.
Washington, I). C., Jan. 12.—A nation
wide investigation intended to clarify
problems of distribution is to be launch
ed at the first meeting of the National
Conference on Distribution, which will
open in this city Wednesday and will con
tinue over Thursday. The call for the
gathering was issued by the Chamber of
Commerce of the United States, and has
met with a hearty response from many
representatives of the manufacturing,
wholesaling and retailing interests. Rep
resentatves of the “consuming publc’ v
are also on hand to take part in the con
ference, which is expected to name com
mittees and outline the plans for inves
tigation. This survey, dealing with an
essential factor in the nation’s economic
life, is understood to have the approval of
Herbert Hoover, Secretary of Commerce,
and of a number of industrial leaders
January White and Clearance Sale at the
Parks-Belk Co.’s.
The big White and Clearance Sale at
the Parks-Belk Company will begin on
I Thursday morning, January 15th, at 0
o’clock. The store will be closed all day
i Wednesday so that the prices of goods
! may be marked down for the sale. T. e
: sale will last through Monday, February
' 9th Everything in the whole store will
t be reduced except contract gooods. Read
■ two pages of ads. in this paper today
1 and be ready for this feast of bargains.
- Kellogg to Accept the Secretaryship.
f Paris, Jan. 11.—Frank B. Kellogg, the
7 American ambassador to the court of bt.
7 James, will accept the poet of fVe secre
* tary of state tendered him by
Coolidge on the resignation of C harles
Evans Hughes.
s —'
. Thi» date in Sport Hfetory (January
r ifi 1928) —The Passaic High School
i®Ae.Fal team rvon ita 5,745th conae
eutive game today.
CHARLES TC HCnuro
Who has resigned as Secretary of State
in President Coolidge’s Cabinet.
TIIE DAIRY COW j
Tliere Are 300,000 Cows in the State,
Producing: Yearly 03.000,000 Galons.
Raleigh, N. C., Jan. 12. —That North
Carolina is interested in the dairy cow
‘is evidem*ed by the fact that the annual i
farm of the dairy products of this !
state averages $37,000,000, according to
an announcement issued here today t>y
John A. Arey, dairy extension specialist
for the State College of Agr'culture.
There are 300.000 milk cows in the
state that produce annually 93,000,000
'gallons of milk, or about 41.2 gallons of.
milk per inhabitant, says the annouuce
| meat. However, all persons in the state
get their share of milk, it is point
ed out, because much of this production
is converted into butter aud in the east
ern counties there is a scarcity of cows.
To {ake care of this production of milk,
the specialist asserted, there are now in
operation in North Carolina 75 creamer
ies, which make ice cream, cheese, but
ter and pasteurized milk. These factor
ies. it was explained, received their raw
product from approximately 10.000 farm
ers aud paid them in cash each month.
“While uot all cows producing milk
in the state are of purebred lineage,”
says Mr. Arey, "we have bred one cow
which has given over 20.000 pounds of ~
milk in one year. This cow is owned by
R. E. McDowell, of Mecklenburg county 1
and is one of the leading dairy cows in
the United States. She is an exception,
however, because the average milk pro
duction per cow in North Carolina is less
than 3,000 pounds per year.
“Our- great problem now is to learn
how to feed our cows better: to establish
fetter pastures and to build up the ex
isting herds of-eattle by-*h». use of better
sires. We are making progress along all
three of these lines ahd I look to see the
day, not so far in the future, wlied the
average milk production of 3,000 pounds
annually will be greatly increased.* I al
so look to see the time when the number
of milk cows will be increased by several
thousand above, the 300,000 now on our
farms.”
ORGY OF LOOTING AFTER
LATEST CHINESE COUP
Soldiers of Chi Hhich Yuan and Chang
Yung Min Are Raiding the Country-
Shanghai, China, Jan. 12 (By the As
sociated l’ress). —Both victor and van
finished in yesterday’s coup, by which i
Chi Hsieeh Yuan, deposed limitary gover
nor of Kiangsu province, regained con
trol of Shanghai, united this morning in
an orgy of looting.
Soldiers of both General Chi, whose
attack was a defiance directed at the <
I rovisional gfvernmont in Peking, and
of the defending forces led by the Peking
appointee. Chang Vang Min, ran wild
through Nantao. the native city, which
O'ijoins the French settlement here on the
Smith.
The native merchants and household
ers today were frantically removing their
possessions into the protected foreign
quarters iu defense of which the volun
teer corps, composed of most of the for
eigners in Shanghai, had been called cut.
The volunteer corps, aided
merchants and members of the Chinese
fire fighting brigade, was this morning
making futile eff >rte to cope with the
situation.
M ILL WAGE BITTER
FIGHT AGAINST DIAL
Democrats Do Not Want Him Appoint
ed to Interstate Commerce Commis
sion.
Washington, Jan. 12. —Arosued by re
ports that President Coolidge plans to
appoint Senator Dial, Democrat, of South
Carolina, to she Interstate Commerce
Commission, Democratic -senators are
preparing to wage a fight on the South
Carolina senator, should his nomination
b>; sent to the Senate, and have ouveyed
notice of their determination to the Pres
ident. White House officials have re
fused to acknowledge that Senator Dial
is uuJer consider alien.
Will Commercialize 801 l Weevil’s Plans.
! Washington, Jan. 11. —The part of the
boll weevil in the scheme of national de
fense is assuming some degree of import
-1 ance in army circles.
Secretary Weeks has been informed
that an Ogdensburg, N. Y., company, is
; ! being organized to equip airplans to
spread poison over infested fields, and
' such a new outlet for production is held
‘ tot be on benefit in supplying a new
* commercial aircraft market.
r Ninety-five per cent, of the airplane
orders in the United States at present,
Secretary Weeks said he had been in
formed, come from the government and
? either outside patronage.
t Supreme Court Decision.
g • Washington, Jan. 12 —The States have
no authority to compel a private carrier
by motor vehicle traffic to engage in pub
jr lie traffic for hire, the Supreme Court de
-1 cided today in a case brought by the
- Michigan public utilities commission and
| others.
PUBLISHED MONDAYS AND THURSDAYS
CONCORD, N. C„ MONDSDAY, JANUARY 1^1925
WARRANTS fin GOV.
DAVIS HiSSELL
DAVIS ARE ISSUED
Governor of Kansas and Son
Are Charged With Solicit
ing and Acceding Bribe In
Exchange For Pardon.
GOVERNORStIRE
OF HIS GROUND
Says There A*e No Grounds
For Warrants and That the
Bribe Was Plot by His En
emies to “Get” Him.
I ——
I Tokepa, Kansas, Jaji. 12 (By the As
sociatede Press). —Jonothau M. Davis,
governor of Kansas, ami his son. Russell.
28 years old, were charged with solicit
ing and accepting 'a bribe of $1,230 in
| payment for-a pardon, in a warrant
i sworn out here todag by Tinkham Veale,
county attorney.
They are charged with accepting a
bribe for pardoning Fred W. Pollman,
banker.
County and State officers at a confer
ence yesterday agreed that • warrants
should be sworn out and served on the
governor and his soft before the inaugu
ration exercises at which Mr. Davis will
relinquish his office.
Formal filing of the charges would be
welcomed as an opportunity to “clear
his skirts,” Mr. Davkr asserted. “I don’t
believe there is sufficient evidence to jus
tify the filing of a','charge,” he said.
"However, if they want to file, let them
come ahead.”
The governor assented that while his
son hail accepted th«- $1,250 last Friday
night, upon delivering a pardon to the
banker, the trausactftHj was a frame-up
to hurt him politically, and that his son
had returned the motley when he realized
what had happened.
_ Governor Davis pefrwinlly appeared in
court shortly after the warrants were is
sued to answer to them. The bond of
each defendant was jjet at SI,OOO and a
hearing was set for January 23rd, at 10
o’clock.
When he appeared >Sn court the gover
nor had not decided-’, whether he would
attend the inaugurafeperemonies for his
successor, Governor-Elect Ben S. Taulen.
He had prepared a-J>fApf address to be de
livered as YetMngbut his at
torneys differed in -advising whether he
should attend.
THE COTTON MARKET
Opened 5 Point Lower and Sold 12 to
14 Points Below Saturday’s Closing.
New York, Jan. 12.—The cotton mar
ket opened five points lower and sold 12
to 14 points below Saturday’s closing
under liquidation and local and southern
selling, promoted by disappointing Liv
erpool cables. March declined to 23.74
and July to 24.26 although there was con
siderable covering and a little trade
buying an a scale ddwn.
The opening prices were: Jan. 23.60;
March 23.82; May 24.17; July 24.38;
Oct. 33.85.
With Our Adverstires.
You will find some wonderful dresses
at clearance prices at Fisher’s during his
sale. Corsets at half price. Ten per
cent, off on all hosiery.
Some big opportunities for saving
await you at the Parker Shoe Store.
Coat values at the J. C. Penney com
pany at only $9.90, made of block cut
polaries, angoria polaries and other styl
ish cloths. Fancy sleeves, button trim-
novelty pockets.
Cline & Moose just now are making a
big drive on flour. They sell Melrose,
Cream of the Lake and Liberty Self-Ris
ing. They have just received a big ship
ment on contracts that were made at
lower prices.
If you have butter fat to sell, see H.
A. Casper, Concord R. 4. He will call
for it. Average price paid for butter
fat 45c per pound from January Ist to
December 31st, 1924. Mr. Casper rep
resents the Mooresville Creamery.
The 1925 cross-country cycling race
for the international championship is to
be started from Paris on the morning of
Febuary 8, the day following the annual
Union in the French capital- France,
Switzerland, Belgium, Germany, and
several other countries will be repre
sented in the race.
iiaß " a;aaaa f
| ONE YEAR FREE
, * W© Will Give The
Progressive F armer
—AND—
THE CONCORD TIMES j
I* BOTH FOR ONE YEAR
For Only $2.00 \
THE PRICE OF THE TIMES ALONE
The Progressive Farmer is the greatest farm paper published and “
every farmer should have it. I
This offer is open to both new and old subscribers. If you are al- |
ready taking The Times, all you have to do is to pay up to date and
$2.00 more for another year and The Progressive Farmer will be sent |
? you a whole year absolutely free of charge. _ =
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! THE TIMES, Concord, N. C.
i . i
Ui,. iiiiiiiaiifaiifii'iSiigKii«iililiSiiig..ii^i' 1i -ITT II .j ..11.1.-11 11. ■iliiii.i.i.". 11l T I ■
[ At Conference.
HiUIBBBi
0 ...
Sb
b
Colonel Jame£ A. Logan,, observer
for the Reparation Commission, wiR
‘sit in” on the finance ministers*
conference in Paris*
TRIAL OF GASTON MEANS
UNDERWAY AT PRESENT
Jury Is Being Chosen by Judge Lindley,
Who Will Preside at the Trial.
New York, Jan. 12.—A judge-picked
jury will hear the testimony at the trial
of Gaston B. Means, former department
of justice agent, and his one-time attor
ney, Thomas B. Felder, on charges of
conspiracy to obstruct justice.
The trial began today after many days
with Means in court as the result of a
bench warrant served on him at his Con
cord, N. C., home where he pleaded he
was too ill to appear in court. Federal
Judge Walter E. Lindley, of Danville'.
111., refused to permit the defendant’s at
torneys to question the prospective jur
ors undertaking the task himself. At
the request of Felder’s attorneys, he
asked the talesmen concerning their at
titude toward the Ku Klux Klan.
It was said that the star government
witness would be Means’ former secre
tary, Elmer W. Jarnecke, a co-defendant,
who-pleaded guilty a week ago. The
three wore charged with having accepted
S6S,(XX) from members of the Crager
System, a stock selling organization, on
me representation that they would bribe
former Atttorney General Daugherty and
other government officials, to prevent
their prosecution for alleged stock frauds.
NONE KNOWS WHERE SEALS
stay during winter
One of Nature’s Secrets Which Baffle the
Scientists—Animals Disappear Mys
teriously.
No one knows where the seals go in
winter. In Alaska they begin to appear
on the islands of St. Paul .-and St.
George about the end of April or the
first part of May, and toward the latter
part of August or in the first weeks of
September they disappear as strangely
and mysteriously as they came. This
is one of nature’s secrets, which she
may keep most successfully hid from the
scientists as well as the prying eyes of
the merely curious and inquisitive.
Even in the days, -years ago, when
the seals numbered 5,000,000 or more,
apparently some signal unknown to man
would be given and the next day the fog
wreathed rocks would be bare, the seals
having deserted the islands.
1 With their slipping! off into Bering
Sea all trace of them was lost until the
return the following spring. Then some
morning they would suddenly reappear,
disporting thpmselves in the water or on
shore.
First Anniversary Sale at Robinson’s.
The First Anniversary Sale at Robin
son’s will begin Wednesday morning.
January 14. This sale will be combined
with their second January Clearance
Sale. The entire stock of silk and flannel
dresses has been grouped and the prices
boiled down. They keep only the best
quality of goods, and of recognized
standards. See big ad. in today’s paper
for prices on hundreds of things this
firm carries.
Require Hubby’s Consent.
The New York and Cuba steamshjp
committee has served notice that~~it will
not transport married women to Yuca
tan unless they produce written consent
from their husbands. Too many women
have been journeying to the Mexican
port just to get divorces. For dissolv
ing marriages, Yucatan is said to heat
Reno all hollow. ~~i
| ';jH
d in j
RegarcTiu Reparations
#•
X SPECIAL SERVICE ON X
* THE WORK OF THE 1925 *
m GENERAL ASSEMBLY. *
* *
The Concord Daily Tribune has Wt.
made arrangements to give its read-
eps excellent service by wire every
day on the proceedings of the State
General Assembly. Read The Tr:b-
SK une every day, and get today's news &
today. '
* *
'Js nI/ M/
/Tn /f\ 5T\ /Tt tJ Jft /K <ft /ft ™
PLANS TO MAKE CATAWBA
. A GRADE A COLLEGE
Drive to Raise $230,000 to Increase En
dowment to Required Size.
Salisbury. N. C., Jan. 12.—Plans are
under way now to make Catawba College,
located here, a grade A college when it
opens its doors here next September. A
local committee headed by H. A. Rouzer,
has just been appointed to conduct the
; drive in this city and the surrounding
counties to raise $250,000 and other oom-
mittees are seeking enough money else
where to increase the endowment fund
to the size rquired by the Southern As
’ sociation of Colleges to be classed as a
grade A college.
The plant of the school, situated on the
Mocksville road, is said to be worth- ap
proximately $400,000. The officials state
’ that with the $200,000 that Dr. Elmore
Rhodes Hoke, president of the college, is
•raising in the northern states, the $250,-
’ 000 expected to be raised in the counties
1 surrounding the school, and the $150,000
already donated to the institution by the
! Reformed Church of which denomination
the school is a part, that the endowment
fund will be sufficiently large for the
grade A rating aud that it expects that
the school will open nex* September as
a full accredited grade A college.
According to the president, the school
will carry the A. B. and B. S. courses
. and will have one of the best faculties in
the state. He also expressed the opinion
that students should not specialize in any
1 subject until they had received a general
I training and said that for that reason lie
. had recommended that only the generM
, courses be included iu the curriculum of
, the institution when it first opened.
\ :
t COOLIDGE OUT FOR THE
UNDERWOOD PLAN
Shoals Bill of Alabaman Gets His 0. K.
, Became of Its Leasing. Festate.
1 Washington, Jan. 10.—President Cool-
B idge is now squarely behind the Under
wood Muscle Shoals bill. He let it be
knowu between the time the Senate ad
j journed last night and met this morning
r that the Jones amendment for a com
mission to investigate and report to Con
i greets does not appeal to him.
r Senator Curtis, Republican leader, told
f his colleagues early today how the Presi
j dent left. Soon the news spread and
had a withering effect on the Wadsworth
» amendment and the Jones measure sup
> porters. This afternoon when the vote
f on the Wadsworth amendment for a com
mission with power to lease came, it re
, c-eived but five votes.
Senator Curtis explained the Presi
[ dent’s attitude to the senators and-rep-1
. resenatives of the press.
, Coolidge’s Reason Given.
“The President,” said he, “wants to get
r into propositions, one for
! the leasing of Muscle Shoals and the
> other for government operation until a
lease can be made. For this reason, and
j not because one bill was introduced by
Underwood and another by Norris, tlie
President favors the Underwood propos
al. which covers the two important points
. in his mind.”
Senator Curtis added he had been for
[ the Underwood bill from the start, and
> thought it should pass.
Should Right the Wrong.
\ Raleigh News and Observer.
1 Representative King has introduced a
. measure that seeks to repeal an inde
. sensible piece of special privilege that
was placed in the laws of 1923. By
reason of the whispered promises that
such <t law would induce millionaires to
) come to North Carolina, and become citi
-1 zens, and make their big estates subject
. to the inheritance tax, and arguments
t that sounded plausible, a bare majority
i of the legislators voted to exempt stock
i in foreign corporations from all tax.
Mr. King reports that by reason of
t that law Guilford county lost $40,000
tax last year. If that much can be
traced, the loss is greater. By putting
“ a premium on investing in foreign stocks
5 there is less incentive to buy and improve
lands and build houses. More than that;
Exemption from all taxation has given
larger markets for foreign securities. If
Guilford has lost $40,000 in these few
months, it will lose many time that
amount in the years to come.
And not a single millionaire has been
induced to )>ecome a citizen of North
Carolina and there is no hope for larger
inheritance taxes.
Shipping Board Committee Meets.
Washngton. D. C., Jan. 12. The House
' committee investigating the shipping
| board was called today to receive further
H testimony on the activities of that or
* ganization and its subsidiaries. Commis
[ sioner Plummer, vice chairman of the
" board, was summoned at his own request
| as a witness.
> Editor of Lynchburg News Dead.
I Lynchburg, Va., Jan. 12.—Walter E.
It Addison, editor of the Lynchburg News,
if died here at 9 o’clock this morning, after
| six days’ illness of pneumonia.
Kansas City Bank Robbed.
Kansas City, Mo., Jan. 12.—Four men
I held up and robbed the Community State
pi Bank here today, after forcing about sis
-1 i ty customers and officials of the bank to
; % lie on the floor.
$2.60 a Year, Strictly in Advance.
. To Give 2 1-4 Per Cent, of
i the Receipts From Ger
many to America For Her
War Damages.
; n
! OTHER POINTS TO
BE SETTLED SOON
' *
, Under Agreement Allies Will
: Get Less From Germany
i! Than They Thought Under
the Dawes Plan.
■ ■■ -
Paris, Jan. 12 (By the Associated
Press). —Allocation of 2 1-4 per cent, of
the receipts from Gertnany under the
Dawes plan, beginning with the first an
nuity, to payment of American war dam
ages is the first definitely settled point
in the discussions of the inter-allied finan
cial conference. . v|
The other points in which the Ameri
can delegation is interested are in a fair
way toward settlement to the satisfnc-'
tion of Washington, but considerably more
negotiation is necessary, and the chances
are that the plenary meeting of the con
ference which was postponed from today '
until tomorrow may be put off another
day.
The share to be reserved to the United
States will decrease the percentages of
the allies, France ceding the greater
part or 1 3-4 per cent., but it is pointed
out that extension of the period over
which occupation expenses were spread,
under the Washington agreement, com
pensates largely for these concessions, as
it will take 50 per cent, less from the
reparations payments. <||
The decrease in percentages will be
further offset by the fact that within a
couple of years, after Belgium has been
paid her priority in full, the Belgian per
centage will fall from 8 per cent, to 4
1-2 per cent.
kU
Agreement Accepted in Washington. -
Washington. D. ... Jan. 12.—The tenta
tive agreement arrived at in Paris be
tween American representatives and the
allied finance ministers has ben accept
ed by the Washington government.
' Acceptance of the arrangement was
• made known todgy at the State Depart
ment, where it was emphasized that no
departure from the American policy to
ward collection of claims under the Dawes
r plan from German annuities was involv
ed. •
INQ gyCCESSOB NAMED
, President Has Not Yet Named New Am
erican Ambassador to Great Britain.
r Washington. Jan. 12. — While President
! Coolidge deferred action on
. of a new ambassador to London, the
Senate moved today toward confirmation
I of two of the major nominations sent to
- the capitol last week.
I The selection of Attorney General
l Stone to a place on the Supreme Court
was approved by the sub-committee of the
■ judiciary committee to which it had been
referred.
'(’has. B. Warren’s nomination to suc
ceed Mr. Stone as head of the Depart
ment of Justice was referred to a sub
committee, as is the usual custom.
Meantime, last week’s sudden upsets in
high places of the government gave po
litical Washington a tempting morsel of
gossip and led to many rumors of other
1 important changes in the near future.
One report even sought tot explain Sec
retary Hughes’ resignation by forecasting
his early appointment to succeed Wm.
H. Taft as Chief Justice, but Mr. Taft’s
friends indicated that he had no inten
-1 tion of leaving the bench until he reaches
the retirement age of 70 in 1027.
Labor Board Can Compel Witnesses to
Testify.
Chicago. Jan. 12 (By the Associated
Press), —Federal Judge Wilkereson to
day for the second time upheld the right
of the railroad labor board to oomi>el
witnesses to appear and testify before it.
Counsel for the defendants, J. Maguire,
local chairman oof engineers on the Chi
cago & Northwestern Railway, represen
! tative of the Brotherhood of Locomotive
engineers, indicated an appeal would be
taken. '
i -
Does Not Want Investigation.
Washington, D. C., Jan. 12. —Aroused
. to public charges of liquor drinking by
■ members of Congress, Representative Till
* man, democrat of Arkansas, urged the
‘ House today not to dignify them by au
[ thorizing an investigation to determine
5 their troth.
k T
: Caught With Whiskey, One Year and
1 SSOO Fine. *
Charlotte, Jan. 10. —EJoyd Dewese,
: city policeman caught by Deputy Vick
Fesperman recently with a lot of whis
key, yesterday was sentenced by Judge
1 Stack to one year on the roads and SSOO
1 fine.
r
In the new Memorial Gymnasium the
University of Virginia has the largest
playing floor for indoor sports of any
5 college in the East.
1
r ■■■ ■ ■ —-
WHAT SHITTY’S CAT SAYS
r>
Unsettled tonight; Tuesday fair,
LIIH
NO. 54