HENDERSON, GATEWAY TO CENTRAL CAROLINA. twentieth year N. C. SENATE MAY VOTE 3 TOl Huge State Bank Planned At Gathering In Raleigh With Over 1,000 Present n , e ?r, SMS .SIiLL SHUT WOULD POOL FUNDS FOR NEW COMPANY Capital Stock Would Be $2,. 000,000, With $1,000,- 000 More For The Surplus Fund R. F. C. WOULD BUY $3,000,000 OF STOCK Would Be Preferred Issue; Gurney F. Hood, State Bank Commissioner, Lead, ing in Undertaking; SIOO Par Stock Would Sell for $l5O Per Share Raleigh. March 28.—(AP) —More than 1,000 persons interested in or ganization of a mammoth Statewide commercial bank gathered here this iffternoon at the call of Gurney P- Hood, State commissioner of banks.' The crowd was so large that the meeting place had to be changed from a ballroom of the Sir Walter hotel to the larger auditorium in the Hugh Morson high school. Hankers, stockholders, directors and Interested persons from every part of the State overran the ball room at the hotel. An effort was made to se cure enough chairs to crowd them all in the room, blit when this failed, the meeting place was changed. Many women were in the group. Under the plan contfcmplated by Commissioner Hood, a number of com meroial tanks n the State which have not yet reopened since the bank holi day would merger the'r liquid assets to form a gigan’ic new bank operat ing throughout the State with capital asutts of $6,000,000. Capital stock would total $2,000,000, and a surplus of one million dollars wculd be created, according to the terms of the new North Carolina leg s ’at>jn (abolishing tttp double hi.ity on common stock- The Recon struct'on Finance Corporation would (Continued on "’age Two.) Lindbergh Blackmail Boy Taken Akron, Ohio, Youth Sought $25,000, But The Letters Never Were Delivered Akron. Oho, March 28 (AIP) —A crude (attempt to blaokmiaiidj Mlrs. Charles A. Lindbergh for $25,000 Was thwarted today wiith the arrest of a 111-year-old Hudson school boy, whom Post Office Inspector Ernest D. Clag g-U- described as “apparently a pretty bright kid.” ' The boy, Claggett said, readily ad mitted mailing two letters to the fa mous aviator’® wife, but sa‘d, “I don’t kknow what I would bae done With the money if I had got it. My fath er will kill me, though,, when he hears of this.” Detectives who captured him late last night near the spot where the money was to have been sent said the boy would be tuned over to juve-' nlle authorities. They withheld Ms name. One of the letters was mailed feb- Februdry 27. It was snatched by post office Inspectors here. The second, dated March 14. was intercepted by Washington postal authorities. Ne ither was seen by Mrs. Lindbergh. HHIIIER FOR NORTH CAROLINA. Fair and colder tonight and * Wednesday; probably light frost iu interior tonight. Mnnforsmt FULL LEASED WIRE SBRVipb OF THE ASSOCIATED PRESS. SENATOR WAGNER’S WORK PROGRAM O-St.E.5 ■ —TUMWItE CO f>H -> fH fW^)oo** ORDINATE SYS alreuei?act R ~ 118 JB ??* A * CE dHHpPm Jgpp vl and wage k m m J&fk Jml P * reserves WORKS PROGRAM VATE INDUSTRY Senator Robert F. Wagner Central Tress artist sketches the leading proposals in a program offered by Senator Robert F. Wagner of New York “to afford a Bank Conservators Are Granted Broader Powers 503 Million Gold Returned by Ban Washington,- March 28* —(AP) Federal Reserve Banks gained $603.000,(MIO as a result of the ban en gold hoarding. The time for returning the hoard ed metal expired last night. Each of the 12 reserve banks has been directed to turn into the Treasury names of those who have with drawn large amounts of gold and failed to put it back. What action the government will take against hoarders under the emergency law has not been an nounced. amTyaldT i Constitution Ignored Assignments Now Un likely This Session Dnlly Dlsixiteh Itnrenn, In the Sir Wnlter Hotel. BY J. C. BASKERVILL. Rale'ign, March 28 —Despite the fact that the legislature has not adr journed yet, _£he issue of reapportion ment is apparently dead for another two years, according to informed opinion here. In the bellies of many, the death knell to at this session was Sounded when the eastern counities, which would lose under the r©apportionment, succeed ed in delaying the bill indefinitely, despite the plea of the representatives from the Piedtmont that such action wtoulid mean the Virtual deal'ih of re apportionment by this session of the legislature. While it is possible that the issue ONLY DAILY NEWSPAPER PUBLISHED Isolid understructure upon which employment and business can stand solid and stable,” as a rea uisite to national prosperity. Secretary Woodin Issues Order Enlarging Regula ' tions of President’s Proclamation That Authority Would Be Conferred on Conservator, Who Could Raise With drawal Restriction To Higher Figure if He Con siders Plan Safe j , Washington, March 28. (AP) —- Broader powers by conservators op erating State and national banks was granted today by Secretary Woodin in a regulation issued under the Presi dent’s bank holiday proclamation. Under the new regulation a conser vator will have the authority to de termine exactly how the banks will operate and if he believes its condi tion warrants a withdrawal of a cer tain percehtage of the deposits by the depositor he can order that per mitted. N Thus in a case of a closed bank if the conservator believes it could op erate with a 15 per cent restriction on withdrawals he would have au thority to permit such withdrawals, subject only to the President’s pro clamation prohibiting withdrawals of gold and money for hoarding. miay be brought up again before the legislature adjourns, the representa tives from the east, wlho wield a con trolling vote, have already indicated their attitude, and they are willing to sidiestep the constitution and fol low in the footsteps of the 1931 as sembly, which also refused to reap portion the House and Senate mem bership on the basis of the 1930 cen sus. Most of the members from the pied'dimont, which would gain under the reappo rfcionm e nt„ made their campaigns on a pledge to fight for reapportionment, but they apparently can do no thing about it so long as the eastern representatives maintains* their present attitude. , > HENDERSON, N. C„ TUESDAY AFTERNOON, MARCH 28, 1933 ' v , V , jg Daily Btapifrfa IN THIS SECTION OF NORTH CAROLINA AND VUKHNIA. * FEDERAL BACKING OF MSI UPON Roosevelt’s Farm Mortgage Relief Program Will Propose Guarantee By Government CONGRESS TO GET SCHEME THIS WEEK Funs For Extensive Mort gage Re-Financing During Next Two Years Will Be Obtained Through Bond Issues; To Increase Their Marketability Vljvshington, March 28. (AP) — President Roosevelt’s farm mortgage relief program will propose that the government guarantee interest pay ment on bonds issued for the re-fin ancing'of farm obligations. This was learned today as his ad visors hastened preparation of the measure, which the chief executive hopes to lay before Congress this week. In tentative form, the bill proposes extensive mortgage rePnancing during the next two years with funds to be raised for the purpose by the sale of bonds, as well as the exchange of bends for mortgages now privately held. The bonds would not be a direct ob ’igation of the government, nor will the payment of their principals be (Continued on Page Two.) Plans Are Made For New Trial of Mooney In April San Frand'sco, Cal., March 28 (AP) —■Plans for the new trial on a month. 1 from tomorrow of Tom Mooney, con victed preparedness parade bomber, who has been in pit son sdnee 1916, took form today with indications the prosecution soon would be organized. W!h'le the defense ifei practically ready for the trial and already has commenced service of approximately 100 subpoenas for witnesses, the pro seort'en hals been disorganized by the withe!/ 4 wal of District Attorney Matthew Err'd?*, of San Francisco. Cowan Under Bond For Auto Death of Wilmington Girl Raleigh, March 28—(AP) —Freder- ick Cowan of Raleigh, this afternoon was ordered held under SIOOO bond on a manslaughter charge following a coroner’s inquiry into the death of Miss Genevieve Fales, of Wilmington, following an automobile wreck near there March 19. Cowan testified at the inquiry into the death of Miss Fales that he was driving a large automobile owned by Representative Hiarifs Newman, of Wilmington, and that, without ap parent reason, it skidde on a curve and was wrecked. Miss Fales, a stu dent at Meredith College here, and Newman, were with Cowan. Newman was slightly injured and Cowan was slightly hurt. ) . * ... . Ban Lifted On Limits For Loans Washington, March 28 (AP)— Plunging into the President’s un employment program today the Seuaie swept aside the restrictions which forbid any state from bor rowing more than 15 percent Pf the Reconstruction Corporation’s $300,000,000 relief fund. It adopted a proposal byb Sena tor Robinstev, of Arkansas, the Democratic leader at the outset of consideration of the reforesta tion measure. The proposal, an amendment to the pending bill, was designed to aid Illinois and several other states which are neaimg the limitation of reftef borrowing. At about the same time that it took up the bill, the Senate II) nance Committee took up (he mea sure providing $500,000,000 fojr di- ; rect relief. i Drastic Payroll Slash By State Now Unlikely Seems That Budget Director Burke Went Too Far; Teachers To Be Raid In F ull and Right Away For Six Months; Conferenc c Smooths Trouble Dnllji Di«|int< h Bureon. In the Sir Walter Hotel. BY J. C. BASHER vILL. Raleigh, March 28.—The drastic slashing of all State salaries and al lotments for the fourth quarter of the present f’acal year bv at least 50 per cent, as indicated in a recent memor andum from the Budget Bureau, will probably not have to be made, it was authoritatively learned today. It was also learned that the salary checks of teachers for the sixth month of the .State-supported school trm will be Bent out this week and not be held up any longer. Reason for Delay* The reason the checks for the teach- Beer Issue Paramount • l-i - * As Legalization Looms Now As Sure For State Prospect of North Carolina Becoming Beer Oasis is Changing Legisla. tive Sentiment BOOTLEGGING WOULD DECLINE, IS BELIEF New Source of Revenue Likewise Is Highly Appeal, ing to Hard-Pressed As sembly; Certain To Reach Senate; Soft Drink Manu facturers Oppose Dally Dixiintch Rarrnn, In the Sir Walter Hotel. BY J. C. BASKERVILL. Raleigh, Match 28.. —Despite the claim that 3.2 per cent beer does not have much “kick,” the question of ’whether or not this beer shall be legally sold in North Carolina is put ting plenty of “kick” into the legis lative situation here r : .ght now. In fact, many observers here today be lieve that for the time being the beer question lias pushed all the other mat ters out of the wav and is becoming the dominant legislative question of the week. There is no doubt that there is more talk about beer and the possibility of passing a bill to legaliz the sale of beer in the State right now than at any time since the General Assembly nas been in session. The belief is also gaining by leaps and bounds that the General Assembly will eventually en act a bill to permit the sale of beer in the State, although up to last Thurs day or Friday the prevailing senti ment was that there was no possibility of getting a br bill through this ses sion. For eleven weeks the assmbly rfused to show anv interest in any of th various bills introduced to either repeal or modify th State’s pro -hibitio enforcement law or to permit the sale of br, and dfeated these bills (Continued on Page Three.) Ex-Kaiser Is Invited Back Home (Berlin, March. 28 (AP)—&n the midst of scattered disorders attend ing the beginning of a boycott against Jewish shops, the town o Bad-Hom burg issued an invitation to former Kaiser Wilhelm, today to make his home there if he should decide to re turn to Germany. , ' Representatives of the Hohenzol lerns here said that, although there has been much talk about the return of the kaiser, he has expressed no in tention of comling back to Germany. Resentment is still keen at the pub lication abroad of reports of perse cution. of German} Jewto.' The Nazi party has prepared a general call to boycott Jewish stores in retaliation, but for the present it has not been, sued as a nationwide order. Today’s newspapers were not excit ed about last night’® Jewish meeting in New York. The reports charac terized the speeches delivered there as moderate or neutral. PDBUS ?x^g?"i&ri VS?** 00 * FOR BEER BILL ers were held tip was because the al lotment for teachers salaries was not sufficient to pay all the teachers in full for their last month, according to Dr. A. T. Allen State superinten dent of public instruction, with the result that he thought it best to hold all the checks up for the time being, rather than pay some teachers in full and not have anything left for others Arrangements have now been made so that all the teachers will be paid in full ventually, Dr. Allen said today, with the result that the checks will start going out to them th 5 s week. ‘Continued tm Page Pour.* Beer Bootlegger Arrives In State Goldsboro, March 28.—(AP)— The News-Argus said today that “the beer bootlegger” had arrived in Goldsboro. “Order book in hand,” the paper said “a man from Maryland so licited local business He pro mised to deliver kegs and cases two days after the national law is ef fective.” Maryland is the nearest state to North Carolina in which beer will be legal when the new national law goes Into effect net* month. FAI REIJEFtL Cotton Cooperative Head Endorses Administra. tion’s Proposal Washington, March 28 (AP) —FuiUj approval of the administration farm MU as passed by the House was ex- 1 pressed before the Senate Agriculture! Corr(mlittee todla by U. B Blaylock,; president of ’the American Oottonj Cooperative bneakingl the long parade of opponents of the measure. / Blaylock testified after F. E. Miol ®n, of Denvr, secretary of the Amer J ican National Livestock Association; and C. D. Streeter, a farmer of Keo-( kuk, lowa, had opposed the bill. A* long ldn e of witnesses spoke in op position yesteilday. | Chairman Smith, in the hope a! compromise could be worked out to) shtisffiy divergent views, intended to! conclude the hearings late tod/ay and! hold 1 the committee in executive ses sion to began revising the measure..' Coroner Verdict Changed in Death Os, Court’s Clerk Troy, March 28 (AIP) —A coroner’s jury, reopening a n inquest into the fatal shooting of Bddgar Haywood, Montgomery county derk of superior court, on March 17, today changed its verdict of suicide and said HaywoOdt came to his death “at the hands of an unknown party.” Haywood was found fatally wound ed in the basement of the court house here after an unemployed man who had been loitering around the build ing- heard the shot and gave the alarm. , ' j ’’ » The jury today heard witnesses testify that Haywood’s wound “could have been selff-—Beer and appropriations overshadowed other legislative activities in Raleigh today. Citizens from all pans of the State were converging on the State capital for a public hearing on the Francis beer bill before a Senate judiciary committee this afternoon, and scores of petitions bearing thousands of names were sent forward in both branches or the assembly. Wets claimed a victory in the Sen ate committee, Senator Francis, of Haywcod, author of the bill to legalize beer saying a pool of the group ‘ as sured” a favorable report fir his measure and Senate beer advocates were claiming the measure would pass there by a three to one vote. The outlook in the House was doubtful. Mowing down all opposition on the allotments to State departments and institutions the Senate Com mittee maneuvered its amended ap oronriations bill along in committee of the whole. The most controversial sections i hose on schools and colleges had not been reached. The Senate committee bill carries about $82,775,000 in allotments for the (Continued on Page Four.) Beer Holds Spotlight In Raleigh Petitions For And Against Legalizing Beverage Damped Upon Legislature Raleigh, March 28.—(AP) Beer held the center of the stage in tho North Carolina General Assembly to day. though neither house had a bill N tore it rn the subject. As the Senate committee prepared for a hearing this afternoon on tho Francis beer bill, petitions on the sub ject flooded the legislature. Senators and representatives by the dozen had expressions from their constituents Papers favoring beer were sent for ward in both houses, and drys count ered with many petitions urging no change in the Turlington prohibition law. i The wets and drys apparently broke about even in the number of petitions (Continued on Page Four) JMfILL Rogers \J p jgys: Beverly Hills, Calif., March Papers all state Hitler is trying to copy Mussolini Looks to me like it‘s the Klu Klux that he is copy ing. He don’t want to be emperor; he wants to be Kleagle. But ain’t it a relief to have a govenunent over there that is go ing to let ’em solve their own trou bles over there? I see where he is kinder toning down on his racial and religious hatreds. If he does, that guy is liable to come through at that. You know, nobody thought the Democrats could do anything either when our old form of gov ernment wa overthrown last fall. But the Democrats surprised not only the world, but themselves. And now every country la trying to borrow a good Democrat to come and put ’em back on their feet. Mexico has already made me ok offer. Yours, WILL.