Newspapers / Henderson daily dispatch. / Sept. 5, 1932, edition 1 / Page 1
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f iftVpF-RSON, gaVayto CENTRAL [ f\K(>UN'A. year 5J LARGEST BANKS IK MANHATTAN ARE RAKING BIG MONEY p.pression Ha» Meant Noth, ing To Them In The 0 f Profits They Have Raked In .MONTHS EARNINGS NEAR 70 MILLIONS I Cthfr Banks Fitfully Resent Showing, And In V|,ny Quarters There Is! Alarm Over the Prospect j c f New Omnipotent' Money Power In U. S. H, t llAf’.l »■> r STEWART I - . • ■'! Sep’ 5 When I say it ! official. in a suberdi- j t ■ -v who called my attention | ... , , n*. •'{ Mannatlan's 20 | 1 in.'tflu';ona during. ' f 1032 a# rovealed by i \ f New Yi ik City Banks ; i \ 1 i* probably will b-- I i T '-: tnynne why I can- , ; . ire.- ir.jiear in a s’and , , < ' te'etenoe. it hardly can | . ■ - ■ i c, there is any secret ; J-n *’ em [ doubt whether many , . «, a hi’ those 20 concerns— i . ~r i ru-’ companies are l . „ i- ..it.dsome profits as ever I I _• deprpession. and that.' [ , • • 2" made more during the •••d to above than they, - v »<’ '• *• - -a fheir earnings for x n - ~ ’rrm were nearlj *7O.- i • •» . a Trey paid out $53.724-j • .n i : ’hat America is "fun.' i:~* -■ ' md." while often vtry 1 •v-t • t ployed, really does ex --- i • i -or’ of Truth. In other ! •' •- -<- nj that was here be-! ' - of 1929 is here yet. j - / • i n shrinkage in 'paper a.- < bu* no actual wealth ! | nmturally arises vhv he dickens Is the rea-> Viri»fl on Page Three.) Believe Kentucky Man Suicide In U ashington, N. C.j • .- A-—. V C . Sept. 5. — ( APV— | .--» h'T'* today to claim 1 ' J W Boole, son of State j 5* ■ r tv W Boole, of Taylorsville.! Ti. a:ed m a hospital here last ■ i k - r'i bullet wound in his head. 3 v * who arrived at Williamston •" hisv *o act as bookkeeper for the "' a' Supplier. Inc., during the to ‘' ■*.**• -eason told hospital at he died that he had “ ’ H f.'e'f He left a note to his wife rr r.*entii were not revealed. oi"tive was revealed for the act. iOUALISTS SEEK. TICKET IN STATE Ha’‘f<li, Sept. 5. (AP)—Seek t* l*i mm signatures to petitions "r "Her that the name of elector* ’"t tb»- Socialist national ticket "tax iw placed on North Carotins’* 7HI"K In November, two party re fe.entative* today started a sur "l the western part of the 'Ute oorl Wins Final Heat Boat Race k‘i \ Don s British I ntry Falls Prey To And Is Elimi nated ;... ' v '' r, h Course. Detroit. Mich , ’ AP*— I The Jinx roae again •’ r*ons Miss England 111 to "iinated him from the sec heat of the Harmaworth . ’' ■”'* after a thrilling start ‘J ,; ir Wood, trophy defendant. - >;-:ng mechanical difficulties , _ he crossed the starting line. Than a second ahead of v.y 1 •' America X. Don mad* a •j-, to keep his craft In the lo«ing power, however, s ‘ a complete stop about a y ‘* 'to he e n d of the second seven ,.e a l 'it the course. : meanwhtla loafed around the 'aging only 89.034 miles an *' ,r ' the heat and retain the |. iv h international trophy foi ' • * no-her year. Mpnitcrsott Btttlit Blauatirfa FULL LBABKD wts4» or the Aflaoriuyg, ?A v i c » Gotham’s New "First Family” (S * jnf I wlrL- * -rA * W - ’ \ • Ssr« u »5 of the resignation of James J. Walker as Mayor of New York the n st fimnv*Vn*the Pl * C M t ' h 'l HaPPy ,ittle family in the a* Prises Mr* JoJloh v y**- wor,d .® largest metropolis. The group com) pnses Mrs. Joseph V McKee, wife of the new Mayor (inset), and the7r two children Joseph. Jr., and Baby Richard. FEAR 12 DEAD IN RIO GRANDE FLOOD; Unestimated Damage Done By Swirling Waters Os s Boundary River RIVER SPAN CRASHES Four Rescued of Party of 15 to 20 Standing on Bridge at Time Watch ing Flood Waters Pass l [ nderncath Brownvilie. Tex. Sept. 5.—(AP)—; The Rio Grande river, sometimes so , ; hallow that m:-n wade from Mexico into the United States, but now a tor rent that has taken a possible dozen lives and done unestimated damage rolled down from l-aredo into the fer tile gardening and citrus orchard dis tricts of the lower valley. At Laredo the number of dead was i uncertain. Fonr men of a group erii- j mated at 15 to 20 were rescued after i two spans of the Internationa! railway j bridge collopsed beneath them as they j stood watching the floor. Great damage was done at Newro many flocks being covered wi*h water, while the flood was at its height. Damage to railroads, bridges, livestock and farming lands on both sides of the river could not be esti mated. Dies of Injuries In Plane Smash In Cleveland Races Cleveland, Ohio. Sos 5 (AP)— Al Wllw‘l, Hollywood Cal. stunt aviator died today In the Berea community hospital of a fractured skull suffered last Saturday in an accident ai the national air race*. He was piloting a 1910 “pusher” plane In a demonstration of tricks when It collided with the rotors of an auto gyro ftorii by .fohn Miller, of Foughkeepsle, N. Y. The autogyro pilot was uninjured. SAYS GOLDEN RULE NEED IN INDUSTRY Capital and Labor Ought to Understand Each Other, Daniels Says Lake Junaluska. Sept. 5 (AP) The golden rule is needed in industry. Jo sephus Daniels, World War secretary’ of the Navy and Raleigh publisher said here today in a Labor Day ad dress. t If employers and employees would each put themselves In tho race of the other, ’’would there be the injuat ces and heartburns and misunder standings which have too long pro duced animosity and strikes end lock outs?’’ asked Daniels. He spoke at the Labor Day cele bration here arranged by the employ ers and employes of the Champion Fibre Company of Canton. “Every sensible man knows tha’ not only In industry, but in all relations of life, this drifting world would be come a place of happiness if e-ery man and woman would ppractice the golden rule,” Daniel* said. The chief hope for any good to come out of the ilia of the depression, he de clared. la the fact that employs* and employer* have come to the same con clusion. "That Industry as now organized has failed and that changes for the better mk ■ . (Continued on Fage Thnse.) NEWSPAPER PUBLISHED IN THIS SECTION OF NORTH CAROLINA AND VIRGINIA. ONLY daily And So to Rest! f jjHH v' ~M- ' Now that the resignation cf James J Walker as Mayor of New York has obviated the necessity of continuing charges against him, Samuel Seabury. counsel for tha Hofatadter Committee, is taking a long-deferred European vacation. Here he is shown a;- he sailed from New York on the S.S. Pari*. Mrs. Haizlip Sets Record For Women Wife of Trans-Cont inent Record Flier Hangs Up Mark At Cleveland Cleveland, Ohio, SepEt. 5. (AP)— Mr*. Mae Haizlip became the speed queen of the world at the national air races today by shattering the women's land plane record with an average speed of 255.513 miles an hour. Her margin was 44.857 miles an hour beyond the women » mark of 210.836 miles an hour set April 17, 1931, by Miss Ruth Nichols, Rye., N. Y. so ciety aviatrix. Flying the same plane her husband, Jimmy, used a week ago In his tr&na contintental record dash of 10 hours and 19 minutes, Mrs. Haizlip attained the highest speed on her sixth run over the thre kilometer course, aven aging 288.700 mi lea an hour. State Observing Labor Day Event In Quiet Manner Raleigh, Sept. 5 (AP)—North Cap ollna waa generally celebrating Labor Day today In quiet fashion. Scattered observances were held over the State, while bank* and some public offices were closed. Many business establish ment* closed for the day. At Sanford members of the Loyal Order of Moose of the two Carolinas gathered for the occasion- HENDERSON, N. C., MONDAY AFTERNOON, SEPTEMBER S 1932 TWO OFFICERS ARE SLAIN BY NEGROES IN SECLUDED CABIN Went There Ts Make Arre»t And Are filled From Ambush By Group Inside Cabin negroes Subdued BY USE TEAR GAS All But One In Group Ar rested and Mob Forms &t Lebanon, Tenn., Jail To Get Them, But Committee Taken Through Jail To Show Them Missing Lebanon. Tenn., Sept. 5. (AP) — Bullets fired from a cabin in which five Negroe.? were barricaded near here last night killed two officers and wounded another as they sought to m resi a Negro youth for fighting with a white boy. Reinforcements summoned from Le- [ banon routed the Negroes from the shack with tear ga* bombs and ar- j rested them. Two were women. i Constable Ben Northern, Special De puties M E. Brown and Sam Smith and Northern's son. Ben. approached the cabin to arrest George Benton Oldham, who was sitting on the porch \ with a shotgun across his knees. He obeyed orders to drop the wea pon. but as Constable Northern stoop ed to pick it up he was killed by a shotgun filed through a crack in the cabin door. Brown gave chase to Old ham. but a volley of shots from within mowed the officer down. Two pistol shots were fired at Smith as he aimed at Oldham and one bul let struck his arm. Ben Northern. Jr., r*n to the side of his slain father and a load of buck shot passed through his luit, but he was unscathed. Sheriff Ed Climer and Deputy S. C. Shorter subdued the Negroes soon aft erwards with tear ga*, but Oldham escaped. Two shotguns and a pistol ’were found in the 6»fh. During the morning a crowd of sev eral hundred men gathered about the Lebanon jail and demanded the pri soners. Although Sheriff Climer es-< corted a committee through the jail to prove the Negroes were not there, the crowd continued to mill about for some time. Says Money Sent Away Is Cause of This Depression Biis’ol. Va,. Sept. 1 <AP) -John Hopkini H !1 Virginia commissioner of Labor, said hete today that "a dis regard of the fundamental law of eco nomics—spending your money ai home’’ i sresp onslble “in no small de gree for our preaenO deplorable de pression. ” Speaking at the opening of the Twin-State Fair Mr. Hall charged that the United States Department of StaTp went beyond its scope and "led the investing public to believe In the soundnes sos foreign bonds.’’ adding that "the big bankers of the United States sold these worthies securities to mailer banks, xnakin a good profit for themselves, tout leaving the small bankks either to carry or unload the bonds on the unsuspecting investor who had every right to believe that the government at Washington had told the truth.” NEW PRESIDENT IS SEEKING CABINET Rodriguez Take* Over Rubio's Job At Hands of Mexican Congress Mexico City, Sept. s.—(AP)—Gen eral Atoeiardo L. Rodriguez, 43-year old compatriot of General Plutarco Olias Callee, Mexico’s "man of iron," began hbs first day as the country's president by casting about for a cab inet In the meantime, former President Ortiz Rubio was on his way to Hot Springe, Ark., to seek renewed health. The former president said he would probably stay at Hot Sprtngß for sev eral months. Rodriguez, elected at a Joint session of the Congress to succeed 1 Ortiz Rubio, waa Inaugurated yesterday shortly after his election. A commission waa dispatched im mediately by the Congress to bring him to the chamber for the inaugura tion exercises. WEATHER FOB NORTH CAROLINA. Partly oloady tonight mad Tues day; probably scattered thunder tbomti. _____ Mexican President Abelardo Rod.iguri Abelardo Rodriguez, minisier of war on Sunday was elected president of Mexico to succeed President f'ascual Ortiz Rubio, who resigned la»i Sat urday H e Is scheduled to hold office until the expiration of ltLbi./a present term in November, 1934. MONEY ESTIMATED FROM SIOO,OOO TO: $1,000,000 TAKEN Safety Deposit Vaults Os ' Chicago Bank Robbed By Seven Men On Sun day Morning ARMOR PLATE WALL Milled through Hole Made Is Small, And Officials Decide To Await 'Release of Time Clocks Tuesday Morning to Check Up on Losses in Loot Taken Chicago, Sept, 5. (AP)- Loot va iously eitimated from SIOO,OOO to sl.- 000,000 was taken by a gang of rob bers from the safety deposit bank of Koch and Company of South Hal stead street, but until the operation of a time iock Tuesday morning no de finite check will be obtainable. A gang of at least seven men held ten persons prisoners in the building for 14 hours, bored through the floor of a second floor &partmtnt and burn ed their way into the vault. They then smashed about 350 safety deposit boxes, took their pick of the contents and fled at 4 a. m. The robbers pene trated two layers of armor plate with a combined thickness of 15 inches. The hole they made was small and esti mates said it was difficult to enter, so officials of the firm decided to wait until tne time locks release the vault door Tuesday before making a check of the loss. Pickets Os i Farm Group On Holiday Highways Leading Into Sioux City Are Practically Unmol ested For Day Des Moines. lowa, Sept. 5. (AP) Labor Day found practically all of the mid-west striking farmers back on their farms or,taking a holiday far from the troubled scenes of the ‘‘war’’ for higher prices. The highways leading Into Sioux City, storm center of the fight .tfej withhold produce from the market until a larger return could be realized, were virtually free of picketing farm ers' So. too, were roads from North eastern Nebraska, while In lowa’ and South Dakota only a few points wer*f being guarded by protesting agricul turalists. Apparently the farmers throughout the entire area affected by the strike were adhering to the truce recently proclaimed by Milo Reno, president of the Farmers Holiday Association, and ware marking time pending the. con ference of governor* scheduled to _to« held at Sioux City Sepemtbar 9, when an agricultural relief program Is to , bo discussed. PUBLISHED BVKItY AJTHRMOOM EXCEPT SUNDAY. Tobacco Moves ,7o ? 1 Eastern Carolina Ma rts Fo r Open ing Olsen Backs Farmers ■P . '<;*• V Support ol the Farmers' holiday movement from high authority is seen with the plea of Gov. Floyd B. Olsen, above, of Minnesota, to farmers, to withhold their non perishable produce from the mar ket until ‘after the midwestern governors’ conference. Sept. 9, at Sioux City. Ja. Governor Olsen was the prime moving spirit be hind the call for the governors’ approaching agricultural confer ence. dsllNT WANE SOME GRAVY Will Go To 1933 Legislature Determined To Share In Benefits PROGRAM MAPPED OUT Gasoline Rebates And Representation On Boards of Assessment Among Objectives Sought By Municipalities Doily Dispatch narens, in the Sir Walter Hotel. rv j r naskkrYit.i,. Raleigh. Sept 5. The cities and towns in the State, long disregarded by North Carolina general assemblies as far as getting any State- “gi avy” is concerned, mott of which ha.- - gone to the counties, have decided that they are tired of being left out in the cold and that from now on they are going to get their share of any additional "gravy" handed out. with some of the bread, too. if possible. This was frankly admitted here last week by several of the mayors and city managers of North Carolina cities and towns who attended the meeting of th» executive committee of the North Carolina Municipal Association, at which meeting the legislative pro gram of the aaaociation was tenta (Continued on Page Three.) u.s. consul! PERSIA CAPTURED ) Taken By Brigands But Re. ported Released to Per. sian Soldiers Washington. Sept. s.—(AP>—Three young American consular officers re ported captured by brigands in north west Persia and subsequently rescued by soldiers were apparently safe to day. but the State Department had no further word of their adventure. A cable from Charles C. Hart, Am erican minister at Teheran, told of their capture on the night of Septem ber- 1, and added that “the three ap pear to have been rescused" by Per sian roops. The captured men were Robert B. Streeter- Columbus. Ohio., consul'and third secretary of the lagtion at Te heran; Cyril L*. F. Thiel, Chicago. 111., consul at Jerusalem; Thomas A. Hlckok, Rochester, Fean., vice-con sul at Jerusalem. They were en route from Bagdad to Teheran toy motor; car onthe' Bag-5 dad-Teberan main read, and were re» ported to have' been seized in the Batsorg Paae, midway between Kei manahah and Hanjagnan. This route has been guaranteed as secure for many years by the Persian govern ment. 6' PAGES , TODAY FIVE CENTS COPTS Nearly Score of Markets Will Get Under Way To morrow For The 1932 Season IMPROVED PRICE IS EXPECTED FOR CROP Year's Yield U Much SmalL er Than Last Year, When Eastern Carolina Markets Handled 260 Million Pounds of Weed; Short Crop Evident Raleigh, Sept 5. (AP)—By motor caravan, spring wagon and high side, boarded cars, tobacco flowed over Eastern North Carolina highways t) the market centers today as farmeix prepared lor the opening tomororw cf what they expected to provide one cf the richest sale seasons in years. Almost a score of new bright ler.f belt markets in the State will open among them some of Ihe nation 3 greatest tobacco marketing. Cheered by rising prices on th» South Carolina and border niatkeD. which opened nearly three weeks ago. and with prospects that the govern ment crop estimate of a 266.560.0tj') pound crop in the State will prove to still a new high, farmers were op timistic. The Eastern North atolina be!* handled more lhan 260.00" 000 pounds last year, more than half of the State's crop. This year th_- bell is expected to produce less than half of the 1931 total, and reports from other markets indicate the large purchasing com panies are already aware of the fact and are ready to hid high to secure an adequate supply. Among the markets pening tomor row are Wilson. Greenville, Kinston. Goldabjyp, Rocky Mount, FarmviUe, Wendell. Zebulon. Washington. New Bern. Wallace, Tarboro. Enfield. Ahoskie, Robersonville, Williamston. and Smithfleld. The new bright belt served by these markets is expected to produce about 150,000,000 pounds, a drop of almost 100,000,000 pounds under last year’s total. ROOSEVELT REARS CHEERFUL REPORTS New England Expected To Be Lined Up For Him By Election Day Hyde Park, N. Y., Sept S.—(AP) Armed with assurances that party dif ferences in New England would be ironed out before election Governor Roosevelt was preparing today for two more campaign appearance*, one of them in Vermont in the next two day*. Resting in his Hyde Park home be fore proceeding to iU*e New York State fair at Syracuse tomorrow, Roosevelt received Peter G. Gerry, of Rhode Island, and Mrs. Maxis T. Faire, vice-president of the Massachu setts state committee. Miami City Preparing For Storm i Homes and Business Houses Barricaded as Big Hurricane Approaches Miami, Fla.. Sept. 5 (AP' -Miami ha o become a c,ty of homes and bus iness house:! barricaded with heavy timbers in preparation for a tropical storm headed this way frem Kit Ba hamas Hammers .mb ww> rang out *ll day yesterday ia residents Hastened to nail boards or ac windows and doors The job waa finished today and the city awaited eventualities. Dr. William J. Buck, in charge of the American Legion disaster relief committee in Beiieglade. Fls., sent advices here saying evacuation of the Lake Okeechobee region in the Ever glades would be begun this sfternc.cn. Hundreds were killed in that eec t‘on during the hurricane of 1928. which swept over nhe lake and push ed wals of water across the country - . side. «
Sept. 5, 1932, edition 1
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