Newspapers / Henderson Daily Dispatch (Henderson, … / April 3, 1933, edition 1 / Page 1
Part of Henderson Daily Dispatch (Henderson, N.C.) / About this page
This page has errors
The date, title, or page description is wrong
This page has harmful content
This page contains sensitive or offensive material
HENDERSON, GATEWAY TO CENTRAL CAROLINA. TWENTIETH YEAR R. F. C. CREDITS IN MONTH OF FEBRUARY TOTAL $262,346,044 Roosevelt Plans to Speed Program for Better Days Large Sums Advanced to Secretary of Agriculture For Crop Loans For The Year NEARLY $90,000,000 LOANED FOR BANKS Mortgage Loan Companies Get $31,657,000 and $19,- 449,922 to Railroads; Speaker Rainey Follows Garner’s Practice of Mak ing Loans Public Washington. April 3. — (AP) Speaker Rainey today continued the pi ad ice of his predecessor. Vice- President Garner and made public th® Reconstruction Corporation’s monthly report to Congress, showing it had au'horized advances of $262,- 316,044 in February. jiijt before Garner ended his term at speaker he released the report for January, despite numerous appeals for secrecy. Similar appeals had been made to Rainey about the first report transmitted to Congress since he be came speaker. The report showed that during Feb ruary. loans authorized by the cor poration had been: Financial insti tutions. $166,645,901; State relief, $48,- 202.771; self-liquidating projects. $24,- 850,372; disposition of agricultural surpluses, $138,000; allocated to the (secretary of agriculture for crop pro duction loans, $16,500,000; payment on Federal home loan bank stock, $5,- 700,000. The report also showed that the sec retary ot agriculture had asked SBO,- (Confirmed on Page Four) Sales Levy Os 3 Pent. Is Likely Finance Committee Is Agreed on Sales 1 ax But Not on The Exact Amount Dully niNiHltfh Dnv^n,,. It tht* Sir Walter Hotel. nr HEM It V I.ESESNE. Sleigh, April 3.—Although it is not ,ik *>y that a revenue bill will be laid the General Assembly until two h'Uies get toge*her on the approp riations measure now in conference, is generally conceded here that the revenue hill will contain a three per cent general sales tax. The joint fi nince committee has already decided U) bring out a bill with a general sales but id waiting until definite ac fVn ' s ,a hen on the appropriations u " before fixing the sales tax per centage. *' is now estimated that only $16,- W.OOO can be derived from the old n enue net, an dincreases already •idopted in the income an dinherit ance taxes - The appropriations bill passed by the House would require $7,o0(i,00O a year to be raised by new ,p xe; I nder the appropriations bill by the Senate, which includes an righ‘-months school term at a cost $2,000,000, a total of $10,000,000 will have to be raised by new taxes. Con cessions will have to be made by both fContinued on Page Four.! Beer And Money Issues In Assembly This Week Raleigh, April 3— (AP)—Beer and >°ney questions faced North Caro ',M K ,e Bislators today as they ended .j, ll *hird month of the 1933 session, tonight the Francis beer bill will " 'lie first order in the House, being * roll call revenue measure, and a V a^'er lengthy debate is expected. r he act cannot be finally passed, ■ ’owever, tint!! a t least tomorrow, as •squires a rol lcall vote on each fading on separate legislative days, Bi Us raises revenue. Though it started consideration of •T'Propriatlons and finance bills al- Tn( ' st a3 soon as it convened on Jan '‘ ix y 4, the legislature this week for n " t’ l ' B ' time finds those measures ' ' n R anything like their final! *““• : 7im Hrniirrsmt tUrihr tlisuatrir gNLY DAILY NEWSPAPER PUBLISHED IN THIS SECTION OFmjRTH CAROLINA AND VlftlNlA. * Mortgage Expert David L. Wickena Meet the farm mortgage expstt of the department of agriculture in Washington. He is David L. Wickens, said to be the best in formed person in the United States on the problem of farm mortgages. He recently helped prepare a comprehensive report on farm mortgages for congress. SENTIMENT TURNS ~ TO BEER AND WINE Legislative Action Reflects Demand From “Man In the Street” WANT MANUFACTURE Amendment. Frr* icis Bill Permit ting Mak'ng of Beverage In State To Be Offered In The House Tonight Daily DlK|»nt«‘h llarrna. la (he Sir Walter Hotel. BY HENRY LEBESNE. R-aP'vgih, Aprill 3—Aside from the revenue anglle, wihddh it is now con servatively estimated will put $1,500,- 000 a year into the State treasury, the principal thing that has “sold" the legislative on the legalization of bper and wines is the overwhelming sentiment expressed by a majority of the people in favor of beer and wi | ne < according to here. , This sudden demand from “the man ” 1 * (Continued on Page Four.) FOGLEMAN TO GET RESPITE SHORTLY Governor To Defer Electrocution of ockingham County Man Pend - ing Investigation , Raleigh, April 3.—(AP)—Governor J. C. B- Ehringhaus said today he probably would grant Clay Fogleman, scheduled to be electrocuted Friday, a respite so that his case may be thoroughly investigated. Fogleman was convicted in Rock ingham county of the murder of W. J. Carter, a 64-year-old store-keeper, near Reidsville. Senator Allen Gryn, of Rocking ham. a member of the present legis lature, conferred with the governor today in regard to a reprieve for Fogleman. For more than two month 3 the ap porpriations committees met in joint session to dreft a bill, which the House ©maculated and reduced before sending it to the Senate. The Senate then went back to the committee figures. Tonight or tomor row the conferees of the money spend ing measure are expected to report a compromise. Tomorrow starts the fourth month of the session, but the all important revenue bill will hardly be before the House before the morning session. The joint finance committee after three months of work, has reported its work finished, and will report to the House tonight. Beer, however, is expected to force the money matter aside temporarily. full leased wiki MwaiTt/i» OF THE ASSOCIATED PRESS HENDERSON, N. C„ MONDAY AFTERNOON, APRIL 3, 1933 New Prohibition Chief .... . Wtsam pH s BBS Major DalrympU With beer a few days awdy, th« Roosevelt administration has launched a significant drive to stamp out illicit traffic in hard liquor by appointing Major A. V. Dalrymple of California to the post of prohibition director. He succeeds Col. Amos W W. Wood cock, who resigned after holding the office since 1930. A ukelytil!sweek End of Week Expected To See Both Houses In Ac cord Over State Money Spending SCHOOL FUNDS NOW POINT OF CLEAVAGE Conferees Believed to Stand 5 to 4 in Favor of Eight Months Term; Bowie Claims «He Has Reorganiz ed His Economy Bloc Ready for Action Daily DlMpolrli Jlnrfim, la the Sir Walter Hotel. nv j. c. nASKEiiviix. Raleigh, April 3.—Although no in dication has yet been heard front the members of the Senate and House conference committees now trying to work out an agreement on the ap propriations bill as to when it will be able to report the opinion is gen eral that it will be ready to make its first report within the next few days and that final agreement between the two houses on the bill can be reached by the end of the week. The appropriations bill as passed by the Senate calls for an annual outlay of approximately $26,000,000 a year for general fund purposes and $16,000,000 a year for the State highway fund, or a total of approximately $42,000,- 000 a year for all purposes. The bill as passed by'the House provided for approximately $23,000,000 a year for general fund purposes and $16,000,000 for the highway fund, or a total of (Continued On Page Four.) CARL L. WILLIAMSON GETS RALEIGH PLUM Washington, April 3 (AP)— President Roosevelt today nomi nated Carl It. Williams to be act ing postmaster at Raleigh, N. C. Exodus Os Germans Is Prevented Berlin, April 3- —(AP)—Without of fering any explanation, the govern ment announced today that, begin ning at midnight, no one will be al lowed to leave Germa soil without Ispecial permission of the police stamped on his passport. i For several days reports have told of an exodus of Jews in considerable number to neighboring countries; At Koenigsberg today the authorities or dered all passports withdrawn from Jews living in East Prussia, The newspaper Taegliche Runds chau reported this afternoon that a train had been halted by police near Dresden to prevent “an exodus of Jews to Czecho-Slovakia,” Consider able sums of money were confiscated, the newspaper said, but Jewish pas sengers were permitted to return to their homes in Germany. FOR BETTER DAYS f Railroad Reorganization and Regulation of Exchanges May Fqllow This Week TENNESSEE VALLEY PLAN ABOUT READY Full Emphasis of Economic Recovery Plan Placed To day on Farmer, His Low Prices and Mortgaged Homes; Sweeping Propo sal Is Offered —I Washington, April 3 (AP)—'Full emphasis of the admlinistnation’s eco nomy recovery program was placed today on. the fortner, his low prices and mortgaged Homes. With the re-coatvening of Congress for the fourth full week of the extra session, President ooveselt had ready a sweeping proposal to l/'ft the debt burden on farmers by a billion dol lars and more. This legislation., an exchange of present mortgage s for new certifi cates of indebtedness carrying sharp ly reduced interestl rates., was pre pared to be tacked onto the broad price-Lifting bill due to be reported to the Senate by iits agriculture com mittee possibly in, time for consider ation today. The farm bill is designed to restore the farmer’s pre-war purchasing pow er through a series of optional plans vested in the secretary of agricul ture, each pJan aimed at curtailing product.ion. Speedy agreement in substantiionally the same form, as pro posed by Mr. R/oosevelt was expected today by cemmiittee members. of the President’s farm mortgage re-tfinariioing’ plan were with held, penid'ng dispatch to Capitol Hill, but it was learned that the chief executive proposes a maximum interest rate off 4 1-2 percent on ag ricultural mortgages, instead of pre vailing six and seven percent rats. Swiftly preparing his full program to bring back better times, Mr. Roos evelt intend®' to send to Congress soon the same sort of reV-2f for bur dened owners of small urban homes. This week also miay see these parts of the Roosevelt program emerging from the White House: A; broad railroad 1 reorganization plan. Legislation for strict regulation of the stock and commlodity exchange. A proposal for the development of th e Tnnessee river valley. Bt SIKTRY Many Concerns Getting Or ders From Elsewhere for Equipment Dally Dl»|»nt«’li Ilnrenii. In the Sir Walter Hotel. BY J. C. BASKKIWILh. Raleigh, April 3.—Many different industries in North Carolina are al ready benefiting from the enactment of the Federal law permitting the le gal sale of 3.2 per cent beer, and these would benefit still more should the general assembly pass the bill now before the house and already passed by the senate, to permit the (Continued On Fage Four.) AWILL PP* Rogers 9 SSys: Santa Monica, Cajjf., April 3 Walter Lippman! You all read him—if you don’t, you puught to. He was a Democrat before the deluge to Democracy/: But his writings were so fair and impar tial that I Republicans used to sneak off around behind the house and read ’em. But being Repub licans, they never profited by his sage advice. But now they read him And weep. Well, he was nut to our igloo and broke com bread and chill with us the other day. He thinks the green lights afre with! us. And the only thing can stop us again is prosperity. (There is nothing that sets a nation back as far 1 in ctvlliation as prosperity.) He is proud of all parties unitt frig during this pilgrimage of ‘•back frob He thinks that America will not only remain on Hie Enid, but will ; remain on its fiet —which is more important Yours, WILL. Proposal On Re-Financing Farm Mortgages Presented To Congress By Roosevelt HOUSE OF MORGAN UNDER SCRUTINY Kxw j|jr UK JaMail Wr ' - * iHk Above, House of Morgan (with flag flying); stock exchange; J. P. Mor gan; below, John W. Davis, left, and Ferdinand Pecora. Broad inquiry into the entire structure of private banking looms in Washington and New York as the senate banking and currency committee prepares to aim its guns at the gigantic House of Morgan, shown at left, across from the New York Stock Exchange. J. P. Morgan, noted international bank Walker-Compton Marriage Planned Cannes, France, April 3.— (AP)— Former Mayor Walker,,, of New York, and liis friend Betty Comp ton, the actress called at the city haU today and received full infor mation about the marriage regula tions here. “We were just getting the neces sary information,” he said when he was asked about a minor that he and Miss Compton had been mar ried* “When I get married, I’ll iel you know.” Delegates to State Conven tion Chosen; Already i Is Wet State Detroit, Mich. April. 3.—(AP) — Michigan blazes an unmapped trail today as the first state to elect its constitutional convention for consid eration of the amendment to repeal national prohibition. An estimated 900,000 voters will elect 100 delegates to the convention, one from each of the 100 representa tive districts. In each district there are two can didates. One is pledged to Vote for ratification of the repeal amendment; the other for retention of the •eighteenth amendment. Thus when the convention assembles on April 10, (Contir.upc on Page Four) BOWERS NAMED AS SPAIN AMBASSADOR Washington, April 3. —(AP) —Presi- dent Roosevelt today nominated Sum mer Welles, of Maryland, to be as sistant secretary of state, and Claude G. Bowers to be ambassador to Spain. WEATHER FOR NORTH CAROLINA. Fair tonight and Tuesday; , Somewhat cooler in cast portion tonight. , i i PUBLISHED EVERY AFTERNOON EXCEPT SUNDAY. er, at right, above, and one of the richest men in the United States, is expected to be called to testify. The legal battle will be staged be tween John W. Davis, former Democratic presidential candi date, left, below, counsel for the House of Morgan, and Ferdinand Pecora. right, committee lawyer. Will Be No Legalized Ban On It There, Mrs. Roose velt States DESIRES TEMPERANCE Hopes Bciotlegging of Beer Will Now Be Impossible and Those Desir ing Stronger Stuff Will Accept Only Boer Waging: on April 3 (AP)—Mrs. Franklin D. Roosevelt issued a state ment today saying there would be no Ban against legalized ber in the White House. In her statement, Mrs. Roosevellt said: “When it is legal to serve beer in any government house, it will natur ally be proper to do so for any one Who desires it at the White House. “I hope very miuclh that any change in legislation mlay tend to improve the present and lead to greater temperance. “There has been a great deal of bootlegging in beer, and or.ee it is legal this Will be impossible, and I hope that a great many people who have used stronger things will be con (Continued on Page Four.) Federal Deficit Grows As Income Tax Declines Washington, April 3.—(AP)—ln come taxes of $2,380,200 reported oil March 31, the last day for filing re turns, brought the total for the month to $180,712,300 compared with $195,410,800 a year ago. The amount, however does not re present all returns filed because many were mailed and would not be count ed until today. So officials believe the government still has a chance of ex ceeding the amount collected during last March. The Treasury statement for the end 6 PAGES TODAY FIVE CENTS COP UP BEFORE SENATE Readjustment of Principal of Debt and Reduction In Interest Rates Provided PLAN WILL APPLY LATER FOR HOMES Stupendous Departure In Relief Is Immediately Tackled by Congress, Where Senate Moves Rap. idly To Act; Gets Consid eration There Tomorrow Washington, April 3. —(AP)—Presi- dent Roosevelt recommended to Con gress today the enactment of legisla tion authorizing the re-financing of farmers’ indebtedness. Beginning his fifth Wjhite House week wth the dispatch of his seventh message to the legislators, the Presi dent opened the way for inclusion of this latest major plan as an amend ment to the farm relief bill in the Senate Applying on farm mortgages, the message proposed both readjustment of the principal of the farmer’s debt and a reduction of interest rates. He also proposed “t temporary re (Contlnued on Page Three.) FORMER HIGHWAY ENGINEER PASSES Raleigh, April 3. —(AP) —Word was received here today of the death in Washington, D- C., of Mack M. Trum bell, who served 12 years as State highway engineer of North Carolina. Mr. Trumbell lived at 1822 Kalarama Road, in Washington. Short Week Approved In Committee Would Ban From Shipment Products Made on Longer Work Hours Washington, April 3. —(AP) — The Connery 34-hour week bill was ap proved unanimously today by the House Labor Committee. The measure would prohibit the shipment in interstate or foreign com merce of the products of labor em ployed for more than five six-hour days a week. / The bill, like the Black proposal, recently approved by the Senate Labor Committee, would be effective for two years. Chairman Connery, of the House committee, said it had agreed upon the two-year restriction to put the legislation in the two-year class and to make it conform to the Senate bill. Another amendment to the bill would make a special exception of the Canning and packing of perishable articles where the seasonal character of the product and a lack of available I labor would make it difficult to com- I ply with the short work week. of March showed the government completed nine months of the 193 J fiscal year wi!,h a deficit of $1,361,- 613,789 with receipts of $1,522,239,493 and expenditures of $2,883,853,282. The gross debt of the nation on March 31 amounted to $21,362,464,177, as compared with $20,934,728,209 at the end of February and $18,506,720.- >307 on March 31, 1932- A drop of nearly $300,000,000 in in come tax collections for the nine months of the fiscal year was one of the causes of the deficit.
Henderson Daily Dispatch (Henderson, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
April 3, 1933, edition 1
1
Click "Submit" to request a review of this page. NCDHC staff will check .
0 / 75