Newspapers / Henderson Daily Dispatch (Henderson, … / April 22, 1933, edition 1 / Page 1
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'HENDERSON, GATEWAY to CENTRAL CAROLINA. TWENTIETH YEAR MCDONALD AND ROOSEVELT MAKE PROCRTSS POWER ASKED BY PRESIDENT MIGHT BE CUT Drastic Provisions For Au thority to Reduce Gold Content of Dollar Are Objected To GLASS AND McADOO among opponents Speaker Rainey Answers Attack of Republicans, De claring They Are 20 Years Behind Time and Big Bankers They Have Fol lowed Are Headed for Pen \V;tsliiiiut< », April 2!!.— (AP) — The Frazier substitute for the ad ministration farm mortgage refi nsMicine plan was rejected today by the Senate. Tlie vote was 544 »o Washington, April 22.— (AP) — r ( preventative Rankin, Democrat JtfjgsJs/pi i. charged in the House mil') dint Andrew W- Mellon and Ogden Mills, “the two men who wrecked tilt' administration of President Hoover, now are trying, to wreck the administration of President Kooseve't” by opposing his intlat ion program. Washington April 22.— (AP) The Capital heard today as the Senate prepared to renew its in flation (kti ate »Irit an p>.t tempt would l*e made *o compromise on the drastic provisions for presi •leatial authority #o reduce .they gold content ««( the dollar as much a- lo percent. This clause remained in the bill yederday, for th e banking committee tied 10 to 10 on a vote to throw it out, wiih such influential D-amocrats Hi Glass, of Virginia; McAdoo, of California; and Fletcher of Florida, (Continued on Page Six.) Three Dead At Crossing At Drexel I rain Hits Auto As Men Start for Home -lust After Being Paid Off • t Hickory, April 22 (AP)—Three men f re almost instantly killed whein Southern passenger train No. 11, Wl tbound from Salisbury to Ashe- V| H < ’. struck their automobile at a r ro injr near Drexel, Burke county, today. The men, all identified as w,, kers in a Drexel furniture fac tory were: | ' Hoy Ramsey. j Tom Williams. Claude Hice. lived in or near Drexel. A i , l were in their 30’s. I he collision derailed the engine ho train and railway m?*n said ls w mid he several hours before the lar ** s w as cleared. Hie men had just been paid off at ir factory and were leaving for , ' l ‘ r homes in a stnlall touring car. * b" train struck the car at a cross ’"K near the plant about a quarter of d r “‘ le below the Morgan ton station. Abandoning Gold Is “Master Stroke” By Roosevelt, Roger Babson Asserts Rv ROGER W. BABSON, •bright 1933, Publishers Financial Bureau "ebaon Park, Mass., April 22—The . Vt act '‘ on of President Roose ’ t in declaring a gold emlbargo and 1 'king on a policy of controlled y- -jtin nis the master-stroke which tUI " the tide from depression 1( ’ "'''"very, i am highly optimistic j ' ’‘h'-c reasons. First, this action { , ; ’^ ,o vacious trend of defla t n . 11 placing it with a trend at itu t' ' movement wfhjlcih sets' into 1 ‘ a n upward spiral of business or —— Hwiitersam Daily Dispatch ONLY DAILY NEWSPAPER PUBLISHED IN THIS SECTION OP NORTH CAROLINA AND VfftlNlA. ' ‘ FULL LEASED wihb urbvtp* OP THE ASSOCIATED raSS" rghtfSghts IViE TS But Indicatio'ns Are Only Larger Cities Will Be Granted Authority By .Legislature LOBBYIST ADMITS THAT IS HIS PLAN Rivers Johnson Says School (Forces Want on Local School Taxes Omitted; New Bill May Be Offered In Effort Toward That Goal ( Dally DlM|»nf<-1i Itnremi, In the Sir Walter Hotel. J C. BA * f KEHTII.L, ißaleigfh April —Lobbyists for the school forces are still, doing everything possible to get a provision inserted In the school miohiinery act, now be;ng drawn by a sub-committee of the Senate Education Committee, to permit the more than 1,300 special tiX districts to levy ad valorem taxes ' with which to supplement the State supported eight months school term, in addition to permitting counties and' charter districts to supplement, it was learned from reliable sources today. But Indications are that the suib-comm'ttee is not willing to go this far with the school people and that it will not permit any supple mental taxes except in the larger city cbm ter districts or on a county-wide basis. Trying To Prevent Limits The school forces are also ding everything possible to prevent the fixing of any limits for supplemen tal taxes by the General .Assemjbyl, now preferring to leave the amount, r mtinued un Page Six) TRIAL OF LANES IS IN ITS LAST STAGE Hertford, April 22.—(AP) —Trial of George J. Lane and his second wife, Betty, charged with murdering his 17-year-old son, oWodrow, for insur ance. was in its final stages here to day, but was not expected to be com pleted until next week. Extortionist Is Trapped In Plot To Get SIOO,OOO Philadelphia, April 22.—(AP)— Threatened with “ruthless, cruel and vicious death,” unless he paid SIOO,OOO, Lessing J. Rosenwald, millionaire chairman of the board of Sears, Roebuck and Company, aided police in capturing the al leged extortionist, by engaging him in a telephone conversation. While the wealthy executive and arch connosseur listened to the man give him directions for pay ing the money, police, who had traced the call, rushed to a cigar store In North Philadelphia late last night and arrested the sus pect. instead of the disastrous downward spiral from. Which we have been suffering- for the past three years. Third, by taking authority into its own hands, the Administration ef fectually prevents the passage by Congress of crazy piecenmeal legis lation r which might result in disast rous inflation of the uncontrolled va riety. : 1 i Beneficial Effects All capabble statisticians) have known rgihlt along that America could' not indefinitely maintain the gold standard 1 When nearly all the other great nations of the world had HENDERSON, N. C„ SATURDAY . AFTERNOOON, APRIL 22, 1933 MacDONALDS ARRIVE IN WASHINGTON H " f ' | ■ ranni V .sv.xi-»?r y "B*./ jMflPSfills. B fl ~ j9R|R| |H| E|g| Bw ® ySasß > —ffeg. ’plsSj W*W sSfcarf®? flcaMßMl l ■OTSgBSBj gHHwMK y ||jp, NHK ■ xai A. St* ~W: ■: .X ~: h- (g* i This photograph was made at the White House late yesterday afternoon after the arrival there of Prime Minister Ramsay MacDonald of Great Brit ain. who has come for conferences with President Roosevelt, Miss Ishbel MacDonald, the premier’s daughter. Prime Minister MacDonald shaking hands with President Roosevelt, and Captain, Vernon, naval aide to the President. Complete Embargo on Eng lish Goods and Blow at Shipping Ordered ECONOMIC^WAR LOOMS WHI Become Effective Next Wednes day If Both Sides Stand Up To Declarations Growing Out of Trials Moscow, U. S. S. R., April 22. (AP) — Soviet Russia, striking* hack,at Great Britain ordered a complete embargo on British goods and drastic measures against <ho shipping of the “Mis tress of the Seas.” Heralding the possible approach of an economic war of historic propor tions flte crees will become effective Wednes day if .Britain goes through with its plans ot invoke an 80 percent em bargo on Russian goods on that date. The decree will remain in effect it (Continued on Page Six) Henderson- Durham Bus Franchise Is Being .Cancelled Rpfeigh* AprH 22.—(AP)—The State Corporation Commission to day cancelled the operating right of the Dixie Motor Transit Lines of Richmond, Va-. to run between Durham and Henderson. R. O. Self, clerk of the commis- said the company’s fran chise was reevoked because of its failure to pay Franchise taxes. At a recent hearing here, the company which has operated un der a receivership since last fall, contended the Durham-Hnderson line was lining opera,ted. under lease, and that if was not respon sible for the taxes. The commission overruled the contention. deserted it. Any measuring unit— the yardstick, the bushel basket, the pound weight—miust be used by both buyers and sellers to be of any serv ice’ Now at one stroke the gold embargo places the United States dollar on a more equted com|petitive footing with currencies of other na tions and! flavors the Chances of all countries getting together to estab lish a more stable monetary system. No longer will our exporters be placed at a severe exchange disad vantage in selling to foreign ooun- CQontinued on Page Three.) France To Remain On Gold Standard Paris, April 22—(AP) —France de clared today for maintenance of the .gold standard. After the first cabinet meeting to consider the present monetary situa tion, Finance Minister George Bon net said the government hoped “all countries will return to gold as soon as possible.” Former Premier Edouard Hcrriot, arriving in New York tomorrow, was sent new instructions by the cabinet Money Bill Is Reported Into Senate Sales Tax Hoisted to Three Percent In Measure Given at Brief Session Ralegh, April 22. —(AP) —Twenty members of the lower house of the North Carolina General Assembly met 20 minutes this morning! received eight new bills, passed four cf these and adjj fr.iei until Monday night eight o clock. The Senate received the biennial revenue bill from its finance commit tee a r a, 36-minute session, attend ed by 15 members, at which IS local bills * ,r ere passed and seven new ones •intro dut.ed. Going <_«n the calen *ar, the revenue bill, with its three percent general sales tax provision, was 3et for spe cial Senate order at noon Monday. When the committee report is adopted by the Senate, the measure will have passed first reading, but, after going through the committee of the whole, it goes back to first read ing and then must pass two other readings on separate legislative days. WINSTON MAN DIES STRANGELY IN OHIO Cincinnati, April 22. —(AP)— De tectives today began investigation of the death in a hospital last night of Silas Lankford, 37, of Winston-Salem, N- C. Bloodpoisoning following a frac ture of the jaw caused death, hospital officials said. BIRTH IS ANNOUNCED OF “SIAMESE TWINS” Cleveland. April 22. (AP) — “Siamese twins” perfectly form led;, /externally expert for the elastic bands of carglige muse'e and skin that hinds them together the chest, were delivered yes terday a* S*. Anne’s hospital. and told to inquire immediately from President Roosevelt as to his inten tions in removing the United States from the gold standard. He was told to inquire whether the action was temporary, or the begin ning of a definite policy toward de valorization. It was stated the cabinet surveyed the situation without alarm, and decided to urge the speediest pos sible meeting of the world economic conference. Chicago Times Circulation Man Slain In Automo bile With Escort Chicago, April 22. —(AP)—Frank X. ger for a newspaper (The Daily Holbrook, 58, Loop circulation mana- Times), was slain today when police said he attempted to resist the ef forts of two gunmen to kidnap his 17-year-old girl companion. The shooting occurred just after Holbrook and the girl, Miss Lillian Nance, 17, and Stephen Hanrahan, 30, had emerged from a saloon and had entered Holbrook’s automobile. After leaving Holbrook dead in the street, the girl said the men took her to another car where three other men were waiting. She said the first two assaulted :ier. Hanrahan told police he scuffled with the men at the scene of the killing, but that they knocked 'him down and fled- Stocks And Cotton Hit High Level New York, April 22.—(AP)— Stocks pushed upward in a fresh outbreak of buying today. Led by metal and rail issues, the market resumed its advance in a whirl of activity that swiftly converted early losses of $lO to $2 into gains of larger proportions, and the overburdened ticker tape fell several minutes behind. Net advances ranged from $1 to more than $4 for a wide variety of favorite issues, and sales reached the large Saturday vol-, umr. fai (t-pproxJ.Tiatej’y 2,30Cfc00 shares. PUBLISHED EVERT AFTERNOON EXCEPT SUNDAY. EXPERTS CONTINUE THEIR CONFERENCE AFTER ADJOURNING Economic Situation In Brief (By the Associated Press) The economic situation in brief: 1. President Roosevelt and Prime Minister MacDonald, in earnest discussion of methods of regaining prosperity, reached mutual understanding on view point, Britain willing to discuss stabilization of world currencies on a revised standard. 2. Democrats pressed for early passage of President Roosevelt’s $3,000,000,000 “controlled inflation” program. Measure may come up in Senate today. 3. Four prominent Republicans, with former Secretary Ogden L. Mills approving, attacked infla tion plan, saying it violates most Jelementary principles of econo mics. Soviet—Brit ish trade war threatened. Russia* replying to Britain’s embargo order, decrees complete halt t<» purchases from Britain. 5- Former Premier Herriot of France to arrive Sunday to join Roosevelt - MacDonald talks at Washington. 6. London Daily Mail says it is impossible for Great Britain to pay war debts to United States; Daily Herald says high financial authorities believe France will quit gold standard- SENAIEISSNAG 1 BACK TAX BILL Farmer and Small .Land owner Denied Privileges Given Corporations Doily Diaiuitrh Bureau, j In the Sir Walter Hotel. BY HENRY LESESNE. Raleigh, April 22.—The Senate is having a difficult time correcting its confessed mistake in approving the House amendment to the administra tion tax relief act, popularly known as Senate Bill 180, permitting delin quent taxpayers to get a ten percent discount by settling in cash. The tax relief act was ratified on March 27, and this week the Senate took up a bill introduced by Senator Bland, of Wayne, to strike out this provision of the act. However, two days’ open dis cussion on the floor of the Senate failed to bring about an agreement, and the Bland bill has been re-re ferred to Judiciary Committee No- 1. Power to Commissioners. The tax relief act allows the coun ty commissioners of a majority of the counties in the State to do away with penalties and interest on back taxes for the years 1927-1931, in (Continued on Page Three.) 4MVILL Beverly Hills, Cal., April 22 Weil, there \just ain’t much to write about today but gold—t#.id thetre ain’t much gold to write about > There is one good thing about — this whole economic move: A dumb man knows just as much about it as a smart on e dotes for I bet you there is not a man in America could tell you exactly what it will lead to; for after all a printing press can make you awful rich (for a little while.) Here is something you might have forgjot: In the campaign last fall, the Republicans said if the Democrats got sci, they would inflate money, and the Democrats said they would not. But who can remembefr a campaign prom ise? I don’t know how I ever happened to remember that on© but let ’er go; we are sll on a drunk for the time being any way, and the dum thing plight acciduitally work peragjuyaftly. Yours, V 1 J WILL. jy C PAGES O TODAY FIVE CENTS COPY Main Problems of World Economic Conference Reviewed and Partial Decision Had EUROPE REASSURED BY THE PRESIDENT Roosevelt Advises Great Powers Quitting of Gold Standard Here Was Aimed Solely at Worldwide Pros perity and not Any Special American Advantage Washington, April 22 (AP) —Pres- ident Roosevelt and Prime Minister MacDonald reviewed! the “main prob elms of the world’s, economic con ference” for ailmost two hours at the Wfhite House today, each flanked by diplomatic and economic advisors. In a joint statement issued at the executive mansion after their assist ants had heade- dlto the British Em bassy to continue the discussions, j there through the afternoon, the two leaders said: “The mtain probblems of the world edeconomiic conference werd re viewed and a decision was reached tihiat these should be allocated in the first instance to the experts, who would commence their discussions this and continue their, tomorrow.” EUROPEAN COUNTRIES ARE REASSURED BY PRESIDENT Washington, April 22-—(AP)—Presi dent Roosevelt and Prime Ministe: MacDonald of Great Britain resumed (Continued on Page Three.) Winnie Ruth Judd To Know Her Fate By This Evening Florence, Ariz., April 22.—(AP) • —Winnie Ruth Judd, Arizona’s notorious *runk murderess, may know late today whether she is to hang next Friday for the slay ing of Agnes Ann Leroi, or if she is to be committed to an in sane asylum. Only the arguments and the judge’s instructions to the jury re main to be completed at the con demned woman’s sanity hearing before the case is placed in the hands of the jury. Charlotte Woman Is Acquitted Jury On First Ballot Frees Mrs. Peter man In Slaying of Her Husband Charlotte, April 22. —(API — Mrs Ruth Peterman was acquitted todaj an a charge of murdering her hus band, oy L- Peterman, utilities execu live, shot too death after a gin part: in their home here two months age The jury returned its verdict a 12:40 p. m., after deliberating only 3 minutes. The trial, which opened three day ago, centered around the defnse el forts to prove that Petrman commit ■ ted suicide, and the State’s conter tion that Mrs. Peterman, while ii toxicated, shot her husband. Evident was introaued to show that the Ptei mans were both heavy drinkers, an that Mrs- Peterman on several oc casions had telephoned friends thr she had “killed Pete,” when her hu: - band was unharmed. Jurors said the acquittal verdi came on the first ballot. The ball* was takn, they said, after a brie prayer in the jury room. WIATHER FOR NORTH CAROLINA. Cloudy, possible rain on the north coast tonight; Sunday fair, somewhat cooler Sunday and in northeast and north central por l tions tonight*
Henderson Daily Dispatch (Henderson, N.C.)
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April 22, 1933, edition 1
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