l wnm m ■ ILL ■"nunipy - U'ciuction Was " 1 • •'- e T bought Does Not Ex- Deficit. flXSBk\ RNIN G Ms&iM 1 1 FINANCES L ’*d«et Figures i ullowed Care- ImHßilcss a Debt is 3B|Hled Up. !■'• ! • -•'■ —a: ';i \ i.J j.i' •' ,r :• '■•■';! jg&fflgHß3H|K 1 "■••>" generally ||ll|lf|ll|lilltg ;!; .* ;!< Imi i: i't rat i< > 11. ~* ■ 1 1 i'. :!■•• S,, r jgragggHK ■■- !..••••* il:g its Hi- Ix! I!:i in < (1. liow ■. : .>• Tn-iisury. |ff||ll« '• 11;:1 1 :hr rt‘- - .■:' ! lu- estate tax r to thr ■. ;■ -unilus will ■ |, ' lt - ;i ' --Uggest ;;<*a! - heiny; applied public debt and nrintie to the end • ,u:ir • >,< dli. , 'H: YY dieted productive of mBMSSSBM '■ :'-venue. It has SHBaBH’-tis Ui and the <>;>on ‘-..;:n ~f taxation. m\o > dit •::■••< for the June ."ai. r.C’7. the ffißff«aßs3BiMYr:i r after the bill be | 'Wil^Hula' a 't;e v. ••:•.' nr*-:: ■ ' : • ' - ' 1 •' - IS CRACK It LOTTE ROTARY of Stunt in Which ed” Mayor of Char -24.—“ Sure I'm a le which the Rotary >m P. Jimison, for minister and labor addition to the le ■e. said Wednesday he Rotary Club for t its weekly lunch hich he was “elect >r of Charlotte, ion: “They said I people. I sincere- I cannot say that try Club. I believe the interests of the ng away from the lie two things urged hat I was defeated mayor of Winston have the backing former Governor I think the for eeommendation and t I would rather be n the city of Char tayor of the village e magnanimous Ro to have fun at my name be given no ion by them, and elected to whom the u attraction.” U Finally is l’ass sippi’s Senate. Feb. 24.—The passed the Missis by a vote of 29 ?o after three hours’ the bill 'passing nt in tne same e House. 70 to 32. to teach any theory (led or descended er of animal.” A itely postpone eon »t. 26 to 18. ‘-consider was fore or Brooks changed o” to “aye.” pported Settled. >•—C4 3 )—lt is unof - the deadlock grow ling of the ports of mpoa by the Com oins at Canton has - - * '* * * * * ♦ * < * E SHOWED * OG HIS ERROR * * that penny ad. I ribune the other lost dog?” asked rfc in this morning. i must have seen came walking in ?}? dag. Seems to er seeing the- ad. omething for him. •e get results.” ■# * **** X * ♦ THE CONCORD TIMES $2.00 a Year, Strictly in Advance. I Los Angeles' Prettiest Divorcee ' ■ W ' L B ',&iii Mrs. Irene Hatcher is the prettiest divorcee in Los Angeles—at least, that’s what Judge P. E. Keeler called her when he gave her a decree. H« gaid he “couldn’t understand why her husband would desert such a sweet pretty wife.” GREECE APPEALS TO LEAGUE OF NATIONS Wants League to Settle Dispute Over Fixation of the Greco-Turkish Frontier. Genera; Feb. 25.—C4*)—Greece has appealed to the league of nations against Turkey for settlement of the dispute over fixation of the Greco- Turkish frontier. Greece's appeal is made under the second paragraph of article 2 of the league covenant, which declared it to be “the friendly friendly right of each member of the league to bring to the attention of the assembly or of the council, any circumstances whatever affecting the international relations which threaten to disturb internat ional peace or the good understanding between nations upon which peace de- 1 pends.” '• • I Massachusetts Company Pleads In-! Fringement. Greensboro, Feb. 24.—Bliss Fay yan and company,' of Boston, jMass., today filed in the office here of cl rk of United States court, west ern district of North Carolina a bill in equity asking that the Aileen Cot ton milks, of Bisco, be restrained from using the trade mark “krink lette” on good manufactured, claim ing that it is an infringement on she trade mark “ripelette” used by the plaintiff company for its bedspreads, cotton piece goods,etc., manufactured by it. It Is further asked that the defendant be ordered to pay to the Boston concern what profits it has made off of sale of “krinklette” goods. The matter will be decided by judge of the court, E- Yates Webb of Shelby. New Tax Measure Is Sent to White House For President's Signature Washington, Feb. 24- —Congress today ordered the $387,000,000 tax reducti bill sent to President Coolidge." completing work on its first and probably most important piece of legislation of the season. The President .is expected to make the bill effective with his signature at an early date, * although allowed 10 days in which to study it. Senate Accepts 61-10. Final congressional approval of the measure came lats today with the acceptance by the senate, 61 to 10, of the compromise reached in conference with the house. By a similarly overwhelming vote, the house ratified the compromise yester day. f Carrying provisions for relief of virtually every federal taxpayer, its effects will begin to be felt k when first income tax installments fall due March 15. More than 2,300,000 who paid income taxes last year will be : relieved of all taxes under the rneas : ure. Those voting against the bill : were: , Republicans—Frazier and Nye, of ; North Dakota; Howell, of Nebras ; ka; LaFollette, of Wisconsin, and ; Norbeck, of South Dakota —5. ; Democrats—Blease, South Caro ; lina; Trammell, Florida, and Walsh, Montana—4. '■ Farmer labor—Shipstead, Minne ( sota —1. ( Total—lo. ►I President to Sign. % FATHER USES IRON ON TEACHERS' HEAD J. O. Kinsland Said to Have Been Attacked by Fath er of Boy He Whipped For Breaking Rule. Asheville, Feb. '2s.— (A*)—-J. O. Kinsland, principal of Garden Creek School in Haywood county, is in a hospital at Canton as a result of be ing struck on the head with a piece of iron by the father of a boy he whipped Monday for violation of a school rule, according to information received here this morning from the office of William C. Allen, .Haywood county superintendent of schools, in Waynesville. The man who struck the principal is one Turpin, it was said. Although severely' injured, Mr. Kinsland is expected, to recov i er. it was learned. i j Pretty Girl Swindles Greensboro Stores. Greensboro, Feb. ' 24.-T-A pretty girl giving her name as S. M. Long, and her father's name as J. Long, saying that she was a college stu dent here, add her father, a resident of Charlotte, has stung two mer chants here with bad checks and flitted away. Merchants’ Association officials here said today. Inquiry at the college showed there was no such student there, and the Merchants’ Association officials at Charlotte said they could not find any such Longs. The girl got a $5 pair of shoes and. -20 in change at one store, and $5 worth of merchandise at another. Cotton on the local market today is quoted at 18 1-2 to 18 3-4 cents per pound. The bill goes $87,000,000 beyond the total, of reduction for this year which Secretary Mellon first declar i ed possible,and about $£7,000,000 be yond revised limits later set by the treasury, but President Coolidge in dicated today he would sign it. This indication was given to Rep resentative Tilson, of Connecticutt, the republican house leader, on the assurance that Congress will not go : too far in increasing government expenditures. Predicting i would agree to such a program, Mr. i Tilson said he expected approval of the public buildings bill providing for the expenditure of $165,000,000 over a period of years. Efforts will be made, he added, to hold the ex -1 penditures for rivers and harbors i and highway improvements within i the present limits. Future Years. i "While the tax measure proposed reduction of $387,000,000 in federal ■ taxes this year, the amount in future years has been estimated at $348,000,000. Nexjt year the corpora tion tax will be increased from ’ 12 1-2 to 131-2 per cent to com pensate' for repeal of the capital ! stock tax whereas for thi3 year the tax raised only to 13 per cent. Debat in the senate today inciud , ed discussion of mest the princi pal features of the bill, but deal ■ chief’y with the restoration in con ference of the modified inheritance tax section, which the senate nad voted to eliminate. CONCORD, N. €., THURSDAY, FEBRUARY 25, 1926 150 PERSONS HELD CAPTIVES BY BLAZE ESCAPE WITH LBfES Men, Women and Children Were Trapped in Post | Office Building in Aus tralian Town by Fires. * FIRE FIGIITERS MAY BE DOOMED They Have Been Cut Off by Fires Which Have Been Raging in Queens town District. Melbourne, Australia, Feb. 25;— (A*) —Bush fires which recently have done immense damage in Australia • have broken out again in the Qufcetsrtown district, King Lake township, has been, destroyed except for -tha- post office. In this building 15CT inhabi tants took refuge and at last reports it was surrounded by flame*. The fate of ttie hi mates is not known. A party of fire fighters who left Queenstown for King Lake apparent ly had been cut off by the flames. A large party of Melbourne police went to Queenstown to try to get through to King Lake but were unable to reach that place. Finally Escaped. Melbourne, Australia, Feb. 25. C4*lp—One hundred and fifty men, wo men and children who took refuge in the postoffice building at King Lake, while the. remainder of the town was swept by a great bush fire, have been rescued after being surrounded by the flames for six hours. TWO APPLICANTS DENIED LICENSE AS BARRISTERS Farmer and' Duke Cannot Practice Law in North Carolina. Raleigh. Feb. 24.—Rex L. Farmer, of Wilson, and Otis W. Duke, of Greensboro, both justices of the peace, were declared by the supreme conrt today to be “lacking in the necessary upright character” to entitle them to licenses to practice law. They w£re among the class of applicants who passed the bar, examination last montfi. The court handed down a paper by Chief Justice Stacy denying the li censes ns the result of evidenegr-gib* duced at a hearing February 11th, when formal protests against the two men were accompanied by damaging allegations of improper conduct as individuals and while acting in of ficial capacities. “No one should seek to enter the legal profession who does not under stand its high vision or who does not feel its essential nobility,” the chief justice declared. “It is neither a place of refuge nor a reformatory for those who have stumbled in other fields.” Evidence of stumbling by Farmer and Duke was offered in abundance by the allegations put before the court. Against Farmer it was charged that as a justice of the peace he had failed to make due returns and ac count for moneys and things intrust ed to him, and in some instances had converted them to his own use; had collected on bad checks and had failed to turn the money over to the. party making claim, and that he had failed to account for money collected for a membership fee in the Ku Klux Klan. Another charge was to the effect that during the course of a hearing in his magistrate’s court, when a lawyer re ferred to some decision of the courts, Farmer interrupted with a declara tion like this: “To hell with the d d supreme court, I don’t give a d for the cupreine court or any other court, I’ifl running this court as Id- d please.” Farmer denied some of the allega tions, including the reference to the court, and as a general defense offered affidavits of good character since he had reached the riper years of his life. Duke had a court record to inter fere with hi« chances of gaining ad mittance to the legal profession, and, as a further bar there was the record of an absolute divorce granted his wife on the ground of adultry, with a court judgment to the effect that he was “not a fit or suitable person” to have the care and custody of their minor\Aild. His divorced wire, who was the principal protestant at the hearing before the court, charged that he had furnished her the money to bring her suit, a charge which Duke de nied, however. Protest Ruling Affect Rig “Snap Cot ton.” Washington, Feb. 25.— (A*) —The Houston, Texas, cotton exchange has protested against a recent ruling of the Department/ of Agriculture re quiring appeals in cases involving what is known as “snap cotton” to be judged by an appeal committee in Washington. Snap cotton is cotton that is not picked by hand. The reason for the Department’s order was given as the necessity for greater uniformity in grading, grading of snap cotton being considered more difficult. It was said today that the ruling would not be rescinded. Class Gift at Davidson of Class 1926; Davidson College, N. C., Feb. 23. — (A*) —The Class of 1926 Davidson College will present eight campus benches as the annual class gift to the College, it is announced. 100 Candles Sul |l?| When Edward Harney reached hla 100th birthday the whole town of Henry, 111., where he lives, turned out to help him celebrate. He wan presented among other things, with a cake bearing 100 candles. He is be Heved to be the oldest person in Illinois. BIG CROWD PRESENT FOB TRIAL Os BAY Great Interest in the Case at Marshall Where the Farmer Is Being Tried For His Life, Asheville, IjTeb. 25.—C4*)—The Su perior Court room of Madison county j ait Marshall was jammed this morn ing when selection of a jury to try Wallace Ray, 48 years old, for the murder of Dr. O. V. Burnett in a pistol duel last November was start ed, according to information received here. A special ventire of 150 men appeared and it was predicted that it would be difficult to obtain a jury Judge P. A. McElroy, of Marshall is presiding %at the trial. Solicitor J. Ed Swain, of Asheville, who will oroseeute the case, has declared that he will press the charge of first de gree murder and will seek infliction of the death penalty, ALUMINUM COMPANY NOT CONTROLLED BY MELLONS Department of Justice Further Finds That Andrew Mellon Did Not Furnish Capital. Washington, Feb. 24—Stockhold ings of Secretary Mellon and his brother, R B. Mellon, in the Alum'jnum Qompany of America “are far from sufficient to constitute control of the company,” the depart ment of jusice holds in its final re port on its investigation as to whether the company has violated federal court decrees. An examination of the stock rec ords of the company disclosed that the stockho’ding of A. W. Mellon do not constitute a control, moreover, that the combined holdings of A. W. Mellon and his brother, R. B. Mellon, are far from sufficient to constitute a control of the company,” says Wil liam R. Benham, a special assistant to the attorney general who into that matter. It has been stated that many times that A. W. Mellon, supplied the original capital for the com pany. Such is not a fact. The records show’ that his first connection with the company was nearly two years after its formation, when he acquir ed 60 shares. “The control of the company ap pears to rest in the E. S- Hall estate of which Davis (president of the company) is one of the trustees and votes the stock, the Hall tamily. Mrs. Alfred E. Hunt, the widow of Alfred E. Hunt, one of the fohnders, her son, Roy A. Hunt, George H. Clapp, a former partner of Alfred E. Hunt, Arthur V. Davis, A. K- Laurie and a few other of Mr. Hunt’s original associates.” Another Increase in Gasoline Prices. New York. Feb. 23.—0 P)— I The Standard Oil Company of New Jer sey has advanced tank wagon price of gasoline 1. cent per gallon, in Vir ginia, North Carolina and South Car olina, making the new quotation 17 cents a gallon. In West Virginia the price has been advanced one-half cent to 16 1-2 cents a gallon. Soviet Russia has decreed that gypsies must get off the road and settle on the land. The name “gypsy?’ is a contraction of '“Egyptian,” as the wanderers were formerly called. Charlotte Postmaster Renominated. Washington, Feb. 23 Postmaster nominated today; Judd D. Albrig»it> Charlotte, N. C. Several Killed, Much Property Damaged R’> Tornado In Southwest THE COTTON MARKET | Opened Barely Steady at Decline of ! Tto 14 Points Under Continued I- Seflfing. New York, .Feb. 25.—0^)—The cot ton market opened barely steady to day at a decline of 1 to 14 points under, continued selling which devel oped late yesterday, in sympathy with lower’ Liverpool cables. 5 Reiterated reports of an* easier spot basis in the South, and rumors that fcfaipraefite of cotton were expected here for tender next month were fac tors on the decline, which soon ex tended to 19.71 for March and 17.92 for October, or about 7 tol2 points below’ yesterday’s closing quotations. Trade interests were'' buyers at the lower prices, however, and the market was a shade up from the lowest at the end of the first hour, hU’liough the 4one was rather unsettled. Itains reported in the South were thqught likely to delay farm work for two or three days but were not con sidered harmful. >, "Cotton futures opened barely steady. March 19.80; May, 19.20; July 18.60 ; Opt. If.Q5; Dec. 17.59. WOULD LIMIT TRADING IN GRAIN FUTURES T 1,000,000 Bushels Daily Would Be Limit in Amendment in Futures Trading Act. Washington, Feb. 25. —(A») —Trad- ing in grain futures would be limited r to 1.000,000 bushels daily for a single operator, under an amendment to the futures trading act, introduced today b/ Senator Capper, Republican, of Kansas. The amendment, Senator Capper declared, would make it more diffi cult for gamblers to raid the market.” “Unrestricted trading ns now per mitted make it possible for the spec ulators to manipulate the market at i will, and bring about excessive price fluctuations,” he continued. “These violent fluctuations caused, by man ipulations of speculators constitute an economic crime which works great in jury to the legitimate grain trade as Well as to the producers.” . PROPOSED NEW FEDERAL , DEPARTMENT OPPOSED Dr. J. Greaham ‘Macben, of Prince ton, Against Department of Eudca tion. Washington, Feb. 25. — (A*) —Crea- tion of a national department of edu cation was opposed before the joint Senate and House committee on edu cation today by Dr. J. Gresham Mathen, of the Princeton Theological Seminary. The joint committee conducting hearings on the Crutis bill for es tablishment of such a department was old by Dr. Machen that It would tend to make education uniform un der a strong central control, contrary ( ‘o the spirit of the American govern ment. With Our Advertisers. On March sth and 6th, E. B. Smith, of Stanfield, will sell to the j highest bidder for cash his stock of I general merchandise, each item to be | sold separately. Sale will start at 10 j o’clock, rfb will also sell a lot of j farming implements, two trucks, his real estate, etc. See ad. in this paper. The Kidd-Frix Co. are the repre sentatives here of C. G. Conn, manu facturer of band instruments. You j can get these instruments with no; payment down. See ad. Estates left without a will are' settled by arbitrary state laws, ate- j dious procedure, often resulting in an j unfair distribution among heirs. See ad. of Citizens Banks and Trust Co. This will be the last week in Con cord of the fruit store in front of the new’ hotel. See ad. today. Smart footwear for Spring at the Ruth-Kesler Shoe Store. Colored kid I leads. Several beautiful models of j opal and parchment gray kid. Widths AAA to D. A depositor w r ho opened an account; w T ith the Citizens Bank and Trust j Company in January, 1920, deposit- J ing three dollars a week.: now has a ; balance of more than SSOO.- You can I do the same thing. The Reid Motor Co. is calling to your attention in their ad. the facts about the new Ford. Today they tell you about the left-hand drive. All kinds of notions for dress-mak ers at J. C. Penney Co’s. Quality supplies that are low priced. See list in new ad. today on page five. 1 —* Storm Warnings Displayed. Washington, Feb. 25. — (A*) —Ad- visory 9:30 a. m. ose, he declared, of paying hack creditors who lost in his interna tional reply coupon activ/tie# in Bos ton. France and Russia Negotiating. Paris, Feb 25. — UP) —Negotiation* between soviet Russia and France with regard to commercial relations, credit* and the settlement of debt*, were opened today in the foreign of fice under the chairmanship of Pre mier Briand M. Rakovsky, the sov iet ambassador, represented his eoun« try. Southern to Buy 113 Locomotive*. New York. Feb. 24. —The South ern Railway is in the market for 113 locomotives, the largest loco motive inquiry in many months. The company also is taking bids on 2,250 freight cars. BATB BEAR SAYSt Generally fair and colder tonight and Friday, strong southwest and west winds, diminishing tonight. NO: 67