Newspapers / Henderson Daily Dispatch (Henderson, … / June 29, 1932, edition 1 / Page 1
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HENDERSON, GATEWAY TO CENTRAL CAROLINA. INETEENTH YEAR DEMOCRATS FOR DARKEST CHAPTER OF. U. S. FINANCES TO END TOMORROW Nation Closes Fiscal Year With Deficit Amounting To Nearly Three Bil lion Dollars greatest of any COUNTRY IN PEACE But New Tax Bill Is Expect ed to Put Different Color To Picture With Coming of New Finance Year; Over 3 1-4 Billion Dollars To Be Raised W*,hington. June 28.—(AP)— One day nore and the closing entry of the darkest financial chapter of thia or anv other paacetime nation will be written— In red When the clock strikes 12 tomorrow night the United States will close Its fiscal year, wipe Its slate clean and embark on a brand new period with additional re venu-producing mac hinery. together with an auxiliary economic program, which promises to produce sufficient incoa>e to keep the treasury ia order. The bocks for the year will be closed with about 52.900.000.000 on the wrong side of the ledger. Today the deficit was $2 837 *>+4 914. as June 25; last year It was $902 7 IS.OOO. The year before a 57183.000.000 surplus was establish ed ind then ended eleven consecutive yean of profitable operation. The fiscal year 1983 will be dif ferent. howr.«r, government officials a»er With the new revenue biH of 1932 as the spearhead, there is ex pected to accrue $3,761,000,000 in taxes, a sum sufficient, says President Hoov er "tmpregnably to establish the credit of the Federal government.” State Not To Pay Federal Tax Levy On Gasoline Used Itsllr nispsfr* Bareaw I* Ikr Sir U'sllrr Hotel. nr j. r n iskkrviu. Raleigh. June 29.—The State of Carolina will not be requir ed to p* ythe Federal tax of one c-nt a gallon on ganollne and of four rents a gallon on lubricating HI. that recently went Into effect end which it was expected the < **ste would have to pay, W. Z. Hefts, assistant dlrertor of the Di vision of Purchase and Contract, •eld todav. This will save the State approximately $150,000 a year on the gasoline and oil used by the State Highway Commission, the school hi nos and by the various departments and Institutions, Betts said. It has not yet been learned whether gasotine and oil used by counties, cities and towns will be exempt from the Federal tax or not. WHEAT AND COTTON GTVEN'FCR RELIEF Washington. .-une 29. (API House and Senate conferees ag reed today on legislation to re lease 46.000.000 bushels of wheat end 500,000 hales of cotton from farm board stocks for relief pur poses. The Red Croea would dis tribute It. Outcome Os Senate Fight Is Admittedly Uncertain Reynolds Forces Growing More Confident Daily, De spite Reputed Gains for Morrison During Second Campaign; Betting Is T wo To One On Reynolds DaUr Dispatch Hareaw, la (hr Sir Waller Hotel. BT J. C. BASKKRVILL. Raleigh. June 29.—With the second primary so rthe selection of tha State's Democratic senatorial and gub ernaortal nominees only three days of?. It it) generally agreed that the outcome of the contest between Sen ator Cameron Morrison and Robert R. Reynolds for the nomination for •tnator is extremely uncertain. On the other nsnd. it Is conceded In moet quarters that J. C B. Ehringhaua will have little trouble it. winning the nom ination for Governor from R. T. Foun tain. j imuteramt ©afhi £1 is natch r ns L TuJ A f ICD W IK» SXAVic* OF THE ASSOCIATED PRES*. ||| BKj ]l ft* I JM BBBWMBMMMa^^ 9| S. jS| The telephoto shows a general view of the opening session of the Demo cratic National Convention in Chicago. Evangeline Booth. Commander of *h« Salvation Army is shown (left inset) as she led the delegates in the Peace Treaty Revision Is Germany’s Price For Aiding World Recovery Chancellor von Papen Demands Discrimination Be De leted fro mVertaillet Pact; Says World Confidence Cannot Be Otherwise Re-Established Lausanne. Switzerland. June 28.-- (AP)—Franz von Papen, German :hancellor, laid before the powers at he war debts and reparations con ference today a demand for revision of the Versailles treaty as a neces sary preliminary for German parti cipation in the economic reconstruc tion of the world. In r statement to the press. Chan cellor von Papen demanded that all discrimination against Germany be re vised out of the treaty. His statement NAVY SUPPLY BILL ! IS FINALLY PASSED Measure Carrying $320,000,. 000 Is Sent To Presi dent by Senate Washington. June 28.—(AP)—Con gressional action was completed to day on the $320,000,000 navy appropria-1 tlon bill when the Senate adopted the conference report. The bill now goes to the White House. It is the third of the ten an nual supply bills to be sent to the President. Later the Senate passed the $22.- 000.000 deficiency bill, the last of the annual supply measures to come be fore it. and sped it on to conference with the House to iron outd ifftcultles. The managers for boh Morrison and Reynolds are confldenly predicting .victory for their respective candidates. Those in Morrison’s headquarters here confidently believe that they have made some real progress during the past two weeks and gained enough new followers to overcome the lead of 15.000 votes which Reynolds had over Morrison in the first primary of June 4. They maintain they have posi tive assurance that thousands of per sona who voted for Reynolds In the first primary did so more as a joke anything else, never dreaming (Continued on Page Bevog M ONLY DAILY NEWSPAPER PURI.ISHF.n IN THIS SECTION OF NORTH CAROLINA AND VIRGINIA. Die Opening ot the Democratic National Convention was a reply to question proposed by Prime Minister Ramsay MacDonald of Great Britain yesterday asking what concession Germany was ready to make in order to facilitate a definite settlement of the reparations pro blem. “World confidence cannot be re-es tablished." the chancellor said, "if the powers which emerged victors from the World War do not de ide to eli minate the discrimination created by the treaty of Versailles. - ' Supreme Court Not Reopen Bank Case RaVigh, Juno 28. (AP)— The North Carolina Supreme Court to day dismissed a petition asking It to reconsider its opinion unholdltig the convictions of Luke Lea, Sr., Tennessee newspaper publisher, and Luke I-ca, Jr„ his son, and Wal lace B. Davis, -»of Asheville, for violation of the State hanking laws. Asheville, June 28.—(AP)—Plans for appealing the cases of Luke Lea, Tennessee pubiiahr; Luke Lea, Jr., and W'allace Davis, former Asheville hanker, to the United States Supreme Court, were an nounced here by R- R. Williams, at torney, Immediately after receipt of Information that the State Supreme Court at Raleigh had denied the defendants a re-hearing today. BRUMMITT TO RULE ON EXPENSE REPORT i i Reynolds Manager Calls for Examination of Morri son Statement [; Raleigh, June 28. (AP)— John Bright Hill, State manager for Robert R. Reynolds In his campaign fiw the Democratic nomination to the United States Senate, today personally asked Attorney General Dennis G. Brum mitt to rule on the legality of the second primary expense account filed by Senator Cameron Morrison. Hill previously asked Secretary of State James A. Hartnees, who ac cepted an expense statement listing two payments by Morrison to his State manager. Colonel Don Scott, aggregat ing $5,500. if the statement was in correct form, and Hartnese wrote him; “It seems to me Morrison com plied with the law.** HENDERSON, N. C., WEDNESDAY AFTERNOON, JUNE 29, 1932 opening prayer. John J. Raskob (right inset), chairman of the Demo cratic National Committee, is shown calling the convention to order. Raskob urged the convention to gdopt a repeal plank. AGREEMENT NEAR ONPUWORKS RELIEF PROGRAM Discussion Centers Around $500,000,000 Proposal in Senate Bill, With Accord Soon. IT WAS DENOUNCED BY THE PRESIDENT Hoover’s Language So Harsh as To Suppose He Intended Veto If Provision Were Retained; Treasury Suggests Elimination Os Bond Issue Washington, June 33. —< API- -Con gressional conferees today neared an agreement on the controversial public works program of the $2,300,000,000 unemployment relief bill. No formal agreement was reached but conferees said the discussion cen tered about the $500,000 000 public works program of the Senate bill, and that an understanding was not far ot£ President Hoover has denounced this section of the bill In terms so harsh that they were interpreted by some as foreshadowing a veto. Treasury experts have proposed to the conferee®, however,* elimination of the bond Issue proposal so that the public works In the measure coeld be covered by the usual method of Trea sury financing Instead of a special issue of obligations. Concord Youth At Wake Summer Term Drowned In Lake Wake Forest, June 28. (API- Ed win William McManus, 23-yea r-o)d senior enrolled at the Wake Forest College summer school here, drowned late yesterday In the college late, and after an all-night search, his body was recovered at 5 this morning. McManus, a son of W. A. Mcfertus. of Cabarrus, was swimming in the lake elate yestenday afternoon. Other persons in the water saw him dive, but as he was not a member of their party paid no heed to whether he left the water.' • , When he failed ot foe sup per. a search was organized, and stu dents dived and swam in the lake most of the night, seeking his body. It was found In eight feet of water this morning. Coroner I* M. Waring, of Wake county, said McManus died of stran gulation following exhaustion and he and examining physicians said they found no evidence of foul play. WEATHER FOR NORTH CAROLINA. Cloudy tonight and Thursday; possibly local thundershowers In the Interior Thursday afternoon. He Presides A' ■ ' SENATOR THOMAS J. WALSH. fmicialeoT LINDBERGH RELATES * ■V Witness Say* He Tried To Leap Into Water To Swim to Nearby Boat HOPED TO FIND BABY —i Flemington, N. J„ June 29 (AP)— Colonel Charles A. Lindbergh was de scribed in testimony today as having at one time tried to leap Into a stormy sea to swim to a boat on which he believed bis kidnaped baby was held for ransom. ‘ „ As thia statement was made. Col onel Lindbergh, seat-id at :he prose cution table, smiled broadly and turn ed to make a laughing remark to some one seated near him. W. E. Haskell, anewspaper exe cutive. was on the stand as the third day's session of the trial of John Hughes Curtis for hindering capture of the kidnapers, when this testimony came out. Haskell told of Curtis' offer to sell his story of alleged negotiations with the kidnapers, and said he was with him in New Jersey the day the baby's body was found. After Haskell was excused, Frank J. Wilson, of Baltimore, a special agent of the revenue department, was called as the fourth prosecution wit- PUBUSHJBD EVERY AFTMUIOOH EXCEPT BUNOAT. REPEAL Committee 35-17 For Repeal Plank In The Platform Democratic Convention Tires of Waiting For Report and Adjourns Until 7 P. M. For Debate On Prohibition Chicago, June 29 (AP) —The Democratic platform committee today voted overwhelmingly to commit the Party in favor of prohibition repeal. The vote was 35 to 17. Just prior to this, the committee voted down the ma jority report of the sub-committee for a prohibition sub mission plank by a 35 to 18 vote. Planes R£adv To Carry Roosevelt Albany, N. V- June 2*.—(AP)— A tri-motor airplane, fuelled and with two crack pilots standing by, waited at the Albany airport today to fly Governor Franklin 11. Kim me volt to the Chicago Democratic Na tional Convention. EHRMAUS WILL TAKE NO CHANCES Pressing Campaign To UU most, Despite Rosy Pro- j spects of Winning fountainls~ GAINING Takes Some Planks From Maxwell’s Program in Effort To Roister His Cause With Voters In Salurda) Primary Dally Dispatch flnreao. In (he Sir Walter llnlrl. nv J V. IIA *K Pit Vll,l, Raleign, June 29. Although confi dent that J. C. B. Ehringhaus will win the Democratic nomination for governor in the second primary Sat urday. now only threw days off by a majority of from 75.000 to 100,000 over Lieuenan Governor R. T. Fountain, the Ehringhaus managers and suppor ters are leaving nothing to chance and are not resting on their oars. In fact, they are leaving no stone unturned and putting ou even more effort than before the first primary, since thtv want to be ready for any new tf'ck (Continued on Page Sever,.) U. S. TtJ COOPERATE IN MONEY MEETING «i- ■■ Washington. Jun * 20 (AlM—The today voted $40,900 for the K.t» , ' v e>d Slates to take part In a world monetary conference, re jecting s recommendation of Pres ident Hoover that funds be grant ed for an international economic conference Roosevelt Managers Deny Rumor Os Seeking Trades Refute Offer of SIO,OOO to Melvin Traylor To With draw, and Algo Making of Overtures to Garner For Vice-Presidency If He Would Get Out Chicago. June 29. (API- Roosevelt headquarters promptly disavowed any connection today with an attempt at tributed to Prank Schofield, manager for Melvin Traylor, to Roosevelt sup porters to have Traylor withdraw from the campaign. Schofield had said that a man’ whom he said described himself as a Roose velt supporter, had offered him tlft,- 000 to withdraw the candidacy of the Illinois man. Immediately %fter {Jchofleld (had dictated his statement to newspaper men, I, B. Dunlap, Governor Roose velt's personal representative, issued the following statement: "No one has any authority is any manner, shape - or form to make any such un-Rooeevfltian suggestion That to not thft Roosevelt way ol doing 8 PAGES , TODAY FIVE CENTS CO CONVENTION WILL MEET TONIGHT FOR ARGUMENT Chicago, June 29 UWfM With the platform committee si ill unable to re turn a report, the Democratic conven tion recessed at 2:19 p. b. uutll 7pm A tanggle over the prohibition plan threw the platform builders far be hind eehedule and postponed the pro mised floor figght between advocates of repeal and advocates of submission. ■While the convention stood In re cess In a half-filled stadium, the wait ing delegates and guests laughed and applauded at the offering of a suc cession A professional entertainera. A night session was In prospect to hear nominating peechee. PLATFORM IS SHORTEST IN recent political annals Chicago. June 28. <AP)-Prohibi tion overwhelmed the 1932 Democratic platform committee today with a (Continued on Page Seven) ANTI-TRUST SUIT ON COAL COMPANIES Chargee Filed In Federal Court At Lynchburg Against 136 Bitum inous Producers >1 Washington, June 28.—(AP)— The Justice Department announced today that anti-trust charges had been filed in the Lynchburg, Va., Federal court against 136 bituminous coal mining companies to test the legality of a regional sales plan for disposing oC their product. An injunction was sought in the pro ceedings. which carried combination and conspiracy in violation of tha Sherman anti-trust act. _ m JONAS IS NAMEDFOR vi CONGRESS BY G. O. P. Shelby, June 28.—fAP)—Charles I A. Jonas, former representative, ] today accepted the Republican , Republican nomination for Congress In the tenth district and will op pose Major A. L Bui winkle, of Gastonia, In the general election. TARIFFSORLY - FOR , REVENUE APPROVED Chicago, June 28.—(AP)— The Democratic platform committee approved a plank today commit ting the party to a ’’Competitive” tariff baaed on “for revenue only” after a sharp dispute. businese. Mr. Melvin Traylor would not accept an insuK such as suggest/ ed." SAVS GARNKR HAS REFUSED ALL OVERTURES MADE HIM Chicago, June 29 (APl—Amos G Carter of Forth Worth, told a meet ing of fellow Texas and California delegates today that Joh n N. Garner had turned deaf ears to all overtures for "trades' on the presidential nomi nation . Rumors have been current here Roosevelt forces had broached the speaker of the House or hie support ers with the suggestion that he ac cept the vjce-presidetial nomination in return for support of the New York governor for the presidency. These, however, were not verified.
Henderson Daily Dispatch (Henderson, N.C.)
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June 29, 1932, edition 1
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