.-Sen-person. I Gateway to - CENTRAL CAROLINA. NINETEENTH year fiJOII ENGAGEMENT disarming of all NOW SEEN AS ONLY NOPE AGAINST WAR Maxim Litvinoff, Russian Delegate, Proposes Total And Universal Disarmament ANOTHER WORLD WAR FORECAST AT MEET Soviet Russia s Commissar Os Foreign Affairs Sur prises Arms Parley With Bold Statement Switifriand Feb. 11.— \|*> Madm I4l\in«ff, Commlo v»r ! *r Fnrrlfn Affair* for Soviet Kuosia. pntp.iHrd total m l univer v.l to the World Itisirmament conform. « today as Ihr uni) valid security against »ar. M Ulvinnff. chief of *ht* Russian dflfjratiof to the confer i>«e forecast the appro.'~h of another wcilq war shich hr p.cdicted would l*e »r>oie trrrible thin the last unless disnrma ment is achieved. His plan tor total disarmament of the world, he admitted fmrkly to the delegates aoild probably nave slight chance o' acceptance b' h 1 pre:«t powers and as an alternative he of fered a second project for progres sive and proportional disarirame.it. Then to the surprise of many of the delegates h* assured the conference h» government was ready to con sider any proposal Ulc'lv to ach ; eve -rtno reduction. In international quarter.- tho Soviet declaration was credited with being marked by moderation and as ’ifceiy to increase the poaatbillt.i’ of success for the conference. lAWfiENCEMAY NOT CONTINUE IN R AC E Winston Salem Man May Drop Out of Race For Labor Commissioner Brt'r iriapnfi*a Rairvw hi Ifcr air WeU—r Motel. n» J r. n t.tK Mtvii.l- Raleigh. Feb. 11.— According to re f'rts that have been in circulation h*re for several days. R. R. Ijiwrence n t Winston-Salem, president of the S* ite Federation of will pro bably withdraw within a few days as 4 candidate for the nomination for Commissioner of Labor. For six months or more. Lawrence h?s been a more or less active can didate for the nomination for the Slate office now held by Frank D. f»nst But for the past several months |»i? campaign has not been progreas in? any too well, according to reports. One reason for this has been that a majority of the Democrats In the s *ate have always in the past been cppr*>ed to nominating any one as -emmissioner of Labor who has been rr, nsidered a representative of or ganized labor, and hence have not •vrmed up to Lawrence as he evi d»*ntly thought they would. Property Tax May Play I*art In State Campaign "niir uUfutrk Banaa. «kr Sir Walter Hatcb p„. 1 MtHKUVIM. - '»Kh Feb. 11. No candidate can n ihp Democratic nomination for «'vernor of North Carolina unleaa * advocates the complete re v%* of ,h « present 15 cents tax on th rty tor partial support of . Slx Months school term, according _ * that is growing in ' r al circlea here. The candidate , advr >catea the removal of this or ' most “Wrongly, and that also suc- ’ s >n convicing the people that h* ! r i**®* on Property must and can tho educed he the one who gets rnnvi omiMtton ’ observers here are convinced. a re *ult of this growing con lf>n. based on first-hand informa pi» i**.!? how * majority of the peo („r » n ~h * st «te feel about the mat- J M K> h J - C. B. Ehrtnghaus and A. m are expected \o announce ° f the 15 cent * tax on pro fonow \° n r f^ h ? >, pur v° mea - **»»■ Govo,« n the footsteps of Lieutenant T- Fount *in. the third ,or 1,16 oonal nation, who oeen advocating the removal of -a cents tax for m«.ny months. 1 ♦ -v HEN^- imtitersmt J'JP*** o WUta BRRVICB ° r ABBOCIATIBD PW6BB NAVY DIRECTS U. S. ARMY IN CHINA L HP MMHL M Presence of U. S. marines, a regu lar army battalion, and navy forces at Shanghai, uncovers an unusual situation in which the United States jirmy functions un der a naval commander. Colonel Lorenzo Gasser, lower right, com mander of the Thirty-third regi Jim Ham Lewis Is PlaceSTn Running ToSudceed Hoover Springfield, 111.. Feb. 11.—(AP) —.lutim Hamilton Lewis, United States senator from Illinois, was placed In the running as a Demo cratic candidate for president to day with the receipt of a primary petition prepared In his behalf at the secretary of state’s office. HENRY FORD PLANS 10 MAKE BIG CAR Auto Manufacturer Will Put Out New Four And Eight He Declares Detroit. Mich.. Feb. 11.-(AP)-- Henry Ford today said that he is planning to bring out an improved four and a new eight cylinder car in the near future. He also said the chasis of the new models will be so constructed as to permit installation of either four or eight cylinder en gines. Mr. Ford, in an open interview, said the new car will be of longer wheel base, lower hung chasis and heavier He added that production will start sometime this month, the first public showing to be early in March. In fact, it is generally agreed that the main reason for Fountain’s pre sent popularity and apparent lead in the contest for the nomination has resulted almost entirely because he advocates the remove lof this 15 cents tax on property for school purposes and a general reduction in other taxes, so that many people already believe that Fountain has promised to virtually remove all taxes on pro perty. despite the fact that this 15 cents tax for the six months school term is the only tax which the State itaelf levies on property. AH other property taxes are levied by the coun ties and towns. In fact. Maxwell has already stated that he favors the removal of the 15 cents tax on property “as soon as any fair and consistent means can be found to do it,“ using this expression in his platform announcement last August. During the past week, in a speech in Monroe, Maxwell further broadened this statement when he said “We must find means of reliev ing the 15 cents tax on property for schools.” Today, when asked if he Intended I (Continued on page Three.} ONLY DAILY ment, is junior to Colonel R. S. Hooker, upper right, who com mands the Fourth marines. Col onel Hooker in turn takes orders from Admiral Montgomery M. Taylor, loft, who has been placed in command of the entire situa tion in the Far East. IDEE CONFERS WITH POPE TODAY Mussolini And Pontiff Hold Conference Lasting For An Hour Vatican City. Italy, Feb. 11— (AP) — Premier Benit Mussolini, II Duce, of Italy Fascism and Pope Pius XI. Holy Father to the Catholic world, met to day in the pope’s library at the Va tican for the first time were colseted alone for a fill! hour sealing the p-saee of the church and state which whs begun by the I.ntcran Treaty three years ago. Th'c premier’s first visit to the pope looked for severai months since the nettlement of the coni.ro'. eiv over the Catholic action society, was ex pected to last only for i few mo ments, lasted an hour to the suiprise pf the waiting attendants of both himself and the pont.ff. PROPOSALTOHELP BUSINESS OFFERED Hoover Tells Six Score Bus- U iness Executives To Re consider Plan ■ —T— ■ Washington, Feb 11 (AP)—A group of six score business executives who placed before President Hoover to day proposals for “a two year's truce in destructive competition" were dt reo’.ed by him to reconsider their sug gestions. The group representing independ ent producers and distributors through out the country returned at once from the White House to a continuation of their conference wt the Hotel May flower. The proposal for a two year morato rium in competition was asked as an arbitrary period during which there might investigation of a non parti san committee of congress of existing business conditions. Smith and Raskob Visited By Byrd In New York Today New York, Feb. il-(AP)—For mer Governor Harry F. Byrd, re cently endorsed by the general as sembly of Virginia as Democratic presidential candidate, called on Alfred E. Smith and John J. Ras kob today—not as a candidate, he said, but as vice chairman of the Democratic National committee, NEWSPAPER PUBT.TRHF.n HENDERSON, N. C., THURSDAY Saflu Btsuatrb IN THIS SECTION OF NORTH CAROLINA AND VIRGINIA. AFTERNOON, FEBRUARY 11, 1932 AT SHANGHAI LOOMING NEW MEASURE SEEN AS EFEOIf TO HALT FAILURESJOF BANKS Legislation Would Broaden Basis On Which Paper Can Be Rediscounted WOULD HEfeP BANKS FACING HEAVY RUNS —* Federal Reserve Board Would Be Able To Deter mine Valued Os Securities And Rate ILoans Accord ingly - . Washington, Feb. 11.—<AF)— The expectation that bank fail ures would bar stopped by the forthcoming legislation to broaden the base on whteh paper can be rediscounted was expressed today in high treasury quarters. It was pointed out that if the fed eral reserve bank were able to ad vance funds on the intrinsic value of securities held in the portfolio banks, this would aid banks finding their cash exhausted through unnecessary runs to raise additional money and prevent them having to suspend busi nes s . It was said that while the kind of paper which would be eligible for re discount under the proposed tem porary law had not been determined It would operate much as personal loans and would be based upon the ac tual value of the bank's security. Many banka have been forced to suspend because of eligible paper and cash have been depleted while at the same time they held a large amount of valuafapt securities in, their port folios which &uM v ap« be' rwtleeount ed. It was said that Lhe federal re serve board would be able to deter mine in each case value of the security and woulcfc rate loan upon exactly what those securities were worth. ATTACKSAREMADE ON CREDIT PLANS Proposal Losen Credit By Federal Reserve Regula tins Opposed Washington, Feb. 11.—(AP) — The latest proposal for loosening credit by a revision of fede.al reserve regula tions was assailed in the House today as congressional leaders completed their draft of the bill that was evolved at a series of White House confer ences. Before the bill had been dropped into the hopper, Representative Busby, Democrat, Mississippi, a mem ber of the House Banking commit tee called it "a mere legislative pal liative that is not going to meet the situation.” Busby said the federal reserve sys tem "cannot meet the basic troubles." U. S. IS URGED TO PREPARE FOR WAR 1 Maryland Governor Urge* Maintenance Os Ade quate Armed Force Baltimore, Feb. 11 >AP) —Governor Albert C. Ritchie today called on the United States to maintain adequate armed fotcee to protect the nation in the fsce of a world giving every in dication of preparing for another war. Standing sit the foot of the first monument erected in honor of George Washington, the Maryland executive and Democratic praddeiMkl candi date issued his plea over a nation wide radio system in opening Mary land’s celebration of the Washing ton 81-Centennisl. Declaring that the armed forces of the nation are now far below the provisions of the national defense act he pleqded not to weaken them fur ther., 1 v * WEATHER FOB NORTH CAROLINA. Bain tonight and probably Fri day morning; warmer in central portions tonight; colder Friday; fresh, possibly strong southwest winds. Four Hour Truce Is Arranged To Allow All Foreigners To Evacuate Chapei Battle Area WHERE JAP ATTACKS HAVE FAILED Shihtzefjn g , ■LOTIETSEN 6 PAO3HAN+V B KATIN 6 WOOSUNG fotrsj^&j2j^=z^ YANGHANG* L_. _ v*H*ZI*N6 J \jjp \ S<jJ/\ ffj JffitiSS-iSk footuh# >-11 j /| w > ';*,>Xv.j:. : wX-s#A£'4*, '•>; ••• ■' <''* 5* - ’gK- ♦» •**' '■■s& , Wt This .map shows the urea around the famous Woosung forts near Shanghai, where Chinese troops, despite heavy bombardment and troop concentration, have thrust back Japanese attacks in attempts by the latte* to circle the en trenched Chinese arrnv The dia Dr. Harry North Victim Os Heart Attack In Raleigh Raleigh, Feb., 11 (AP)—The Rev. Harry M. North, D. D., preaiding older of the Raleigh district of the Methodist Episcopal Church t South, died suddenly at 1S:1A this afternoon at the district parson age. Dr. North was stricken with a heart attack and died before Dr. James W. McGee, who was sum moned, could reach the house. His death followed by lees than U.S. AND MEXICANS TO LINK INTERESTS Will Join In Event of Com plications In Far East ern Situation Washington, Feb. IL—(AF) State Department officials denied today that there is any under standing between this country and Mexico In connection with rela tions with the Far Fast In quarters oonservaat with Ln ttq-American affairs, it had hspn said previously that, such an un derstanding wan is force. Washington. Feb. IL—(AP) Exis tence of an understanding between the United States and Mexico linking their national interests in event of further complications in the far east ern situation was disclosed today in authoratative quarters. While no notes on the subject have been exchanged between the two gov ernments at least In recent months, information was given today that this government and that of Mexico see their interests as common in the event of discordant eventualities . spring ing from difficulties with oriental na tions. PUBLISHED EVERT AFTERNOON EXCEPT BUNDAT. triet is heavily fortified by the Chinese. In the photo below are shown field mortars of the type used by Chinese in repelling the invaders. The guns are used to hurl heavy bombs at an angle de signed to land them in the oppos ing trenches. a week that of Dr. Michael Brad shaw, a former presiding elder of this district, who died Sunday in Durham. Coming here from the Wilming ton district, Dr. North had been presiding elder for two years. In recent years he had served pastor ates at Durham, Rocky Mount and Kinston. Funeral arrangements were not complete this afternoon. Records In Harwood Case p Are Reported As Missing Dally Dispatch Parra a. fa the Sir Walter Betel. HT J. C. SAIEKXVaU Raleigh. Feb. 11.—State circles afre all In a flutter again as a result of the report that certain important -rec ords having to do with the cajpe of the State against Miss G-. Har wood, former employe oof the State Department of Revenue charged with misappropriating some $4,90S In State funds, have been tampered with or mutilated. Reports that something had struck a enas fn-this pass started circulating several 'Hay* ago when the ease was suddenly continued again and when the civil action, in the hands of J. M. Broughton, aw referee, and understood to be nearing settle ment, was suddenly -recsssdd. .It was finally learned yesterday from un official but reliable sources that the snag was the discovery that some of the State’s records in the case have either been muUUated, defaced or lost. So far. no, one connected with the case from the estate’s angle, would discuss the matter or either depjr or veritythe report that' the State's reo ords had been tampered with. Commissioner of Revenue A J. i Maxwell, when asked about the mat- 8‘ PAGES , TODAY FIVE CENTS COPY Hostilities Will Cetie For /Short Time To Allow Trucks To Go In For Residents PREPARATIONS MADE TO RESUME FIGHTING Group Os Shanghai Volun teers Are Relieved By United States Troops Who Guard International Boun dary Shanghai, Feb. 12 (Friday) (AP) —Five hundred pound aerial bombs will smash into Woosung when hostilities on that front are resumed per haps today, certanly before many days nave passed. It will be the first time such huge missies of destruction have been used in this area but the big bombs will not be dropped on Chapei because of nearness of the international settlement. The explosion of such a bomb is terrific. On Thursday the hostilities along the whole 20 mile front from Chapei to Woosung were suspended because of the cele bration of Japan’s “Empire - Bay”. Evea the CMaese'gov ernment customs boats in the Whangpo dressed ships as an (Continued on Psge ThreeJ MANUFACTURE! TAX IS BEING PLANNED May Be Big Item In New Revenue Bill Now Be ing Drawn Up Washington Feb. IL—(AP) —A gen eral manufacturers gales ♦»« of one or two peroant appeared certain to be the big item its the new revenue bill being drafted tyy the House Ways and Means committee with appoint ment today of *. subcommittee of seven to study tlve proposal advocated by a large number of representatives of big Industrie#,. Subcommittees also were appointed to draft recoinmendations for in creases in income taxes and for the levying of a gift tax. Acting Cl (airman Crisp declined to make the personnel of the sub-coax mittees pi’.Lltc. The proposal likely es approval 'is to levy a general sales tax on manufactures as tbsy ooae from the factory in perference to taxes r#! the individual manufactory i Ing products. ter. declined to comment on the case or any of the reports connected with it In any way. other than to say that the entire matter was in the hands of the Attorney General. Neither would Governor O. Max Gardner discuss the case, saying that it had not bean brought to his attention and that ha knew nothing about it . Attorney General Brummltt, when asked if he had any statement to make about the case and the reports that important records had either been lest, mutilated or defaced, said: ”1 have nothing to say. I am act trying this case in the newspaper*.” When asked further if he would either affirm or deny the reports con cerning the piXiUiUce of ’ records, in the case, said: • ‘ i “T just told, you I have nothing Jto say about It." * ; * : f The refusal of both Commtsslodpr Maxwell and Attorney General- Brum mitt to discuss the reports in connec tion with the eve and their failure to deny the reports in' connection ArMh the mutilation or removal of soma of the records In- the case, are being in terpreted by meet people here as con* (Continued on Page Three.) jt ,

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