Newspapers / Henderson Daily Dispatch (Henderson, … / May 3, 1933, edition 1 / Page 1
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HENDERSON, GATEWAY TO CENTRAL CAROLINA. TWENTIETH YEAR HOUSE PASSES MEASURE FOR PROHIBITION REPEAL VOTE Inflation Featurei Os Farm Bill Sweeps Through House, 307-86 MEASUREISSENT [ Senate and House Are Now Expected To Agree Quickly on Roosevelt Relief Program MUSCLE SHOALS IS debated in senate Republican Speeches Delay ing Inevitable Passage of Bill; Secretary Perkins Heads for Nationwide System of Employment Bureaus Washington May 3 (AJP)—OveT the last hill the Roosevelt inflation pro gram and the accompanying far- Uiihir g farm aid, speeded fast to day toward final enactment. A one-sided vote, 307 to BR, pro nounced the House’s overwhelming endorsement of the monetary piro giam. Without roll oall the farm bill, to Which inflation is attached, went on the n to conference w.th the Senate, where adjustments on differ ences is expected quickly The in flation vote removed that queston from controversy since by it the House accepted the whole section ex actly as passed by the Senate, but it will not be law until the Whole farm measure is signed. While this verdiiot was being given, the Senate went back to the Muscle Shoals dehate, -wCtih more Republican speeches delaying the inevitable pas sage of the measure. A senatorial commit tee quizzed national banking officials about the long delay in the prosecu tion of Joseph W. Harrim&n, New York banker charged with false en tries and other bank irregularities. The witnesses insisted the long delay from last Jolly to March was caused by efforts to safeguard the depositors and not t protect the banker. Secretary Perkins, of Labor, plead ed with the Senate Labor Committee for quick approval of the Wagner bill (Continued on Page Pour.) COTTON RESPONDS TO INFLATION BILL New Orleans, La., May 3.—(AP) —After fluctuating erratically in «’rJy trading, cotton prices re sponded to House approval of in flation with an immediate rally of 75 cents p. bale above yesterday’s close sending future quotations into new high ground for the year and movement. July advanced to 8.4 8.36 and October to 8.60. MacDonald Back Home And Happy Btitish Premier Tells Home Folks World Problems Will Yield to Unity England, May 3 <AP)- a cheering crowd on the (i'jcks greeted Prime Minister Ram s,y MacDonald when he returned to from his economic discussions wth President Roosevelt in Wlash ington. , ; i • Mr. MacDonald declared on. land- Jl, B that he was pleased with all of hIH conversations with Mr. Roose ’ elt. which he described as most suc cessful. ; i 1 , ; The Prime minister said it wias we ’' worth while going ahead and tackling world problems, which were bound to yield to cooperative good All It was that good will which W iound in a striking why in Wash -Ir* on, he declared. tk den. ed inviting Mr . Roosevelt Tf| come to London 1 for the World ‘ if.mic conference, which is to r 1 " Jl >ne 12, saying that the mat nevar was mentioned between them. . . , i , . * 11 i lj —J.RJAt *WOS^3aN3H Dm lit Hfepatrit P OF L THE A Aa<£w^ lH * ■■*VICR uir THE ASSOCIATED PRESS. Here is a close-up of America’s first family as President Roose velt, Mrs. Roosevelt, their son, Big State Bank Merger Halted By Judge Grady Temporary Injunction Granted Against Gurney P. Hood, State Bank Commissioner, and North Carolina Bank, Hearing Will Be in New Bern on May 16 Raleigh, May 3-—(AP) —Gurney P. Hood, St&t e bank commissioner, and the North Carolina Bank and Trust CorApany today were temporarily re strained by Judge Henry A. Grady from taking any immediate further steps in the. proposed reorganization and possible merger of the bank with other banking institutions. A hearing on the temporary injunc tion will be held at New Bern at noon May 16. C. W. Lewis, as president of Lucas and Lewis, Inc., secured the order from Judge Grady yesterday. It was served on Commissioner Hood this morning by Deputy Sheriff W. G. Maddrey, of Wake county. The order especially deals with the New Bern and Bayboro units of the bank, but restrains the entire merger proposal temporily. bank commission attaches M’KEE WITHDRAWS FROM MAYOR RACE —9 Walker’s Successor In New York Quits Politics for Private Business New York, May 3 (AJP) — Joseph' V. McKee _ who succeeded James J. Walker for a brief period as mfayor of New York, and who wag the chief hope of the anti-Tammany forces in the November election, renounced his political career today # He accepted the presidency of the Title Guarantee and Trust Company. A statement wias issued at noon from the hank in behlalf of McKee, in Which he emphasized “the complete elimination of mtylself from politics and governmental office.” He added that he thought his new position would give him his greatest opportunity for public service, in vtiew of the plight* of the small home owners under existing economic con ditions. The Title Guarantee and Trust specializes in insurance and 1 mortgage loans. 1 i, YEGGMAN GET S4OO FROM STORE SAFE Inmjan, S. C., May 3 (AP)—Yegg men blew the safe of the Inman mills here today, escaping with S4OO, and immediately after an investiga tion county officers left for Ruther fordtton 4 N. C.J @ a “hot clue.’’* m ONLY DAILY ROOSEVELTS ATTEND CHURCH ON PRESIDENT’S DAY V atsMSagap " —** ]. jP|§' •. """"Wfe .. James Roosevelt The President Mrs. James Roosevelt Mrs. Roosevelt r NEWSPAPER PUBLISHED IN THIS SECTION OF NORTH CAROLINA AND VIRGINIA. HENDERSON, N. C., WEDNESDAY AFTERNOON, MAY 3, 1933 James, and James’ wife, Mrs. James Roosevelt, leave St. Thomas’ church in Washington. said. Lucas and Lewis, Inc., in its own behalf, and for all depositors smilar ly situated who care to join in the litigation and share in its costs, asks: That it be given its deposits on erdeit in the New Bern bank of the North Carolina Bank and Trust Com pany on March 3; That the proposed reorganization and merger of the banks be restrained to save the property of the plaintiffs; and, That the assets of the New Bern and Bayboro branches of the bank be segregated and set apart, and that, after deductions of actual operating expenses of the two units, that the remainder by distributed among the depositors in the two branches, in cluding the plaintiffs and depositors similarly situated. THINKS INDUSTRY SHOULD CLEAN UP |. m > r ! Substitute for Government Plan Given U. S. Cham ber at Meeting , Washington, May 3.—(AP) The fixing by industry itself of limits on working hours and minimum wages through trade associations was ad vocated before the Chamber of Com merce of the United States today as a substitute for Federal legislation now pending in Congress. Henry .. Hariman, president in his address opening the organization’s an nual meeting, said: “I am confident that if trade asso ciations, in conference with labor and the government were permitted to pro mulgate fair rules for industry— cov ering limitations of hours of opera tion. minimum pay for employees, (minimum prices for standard pro ducts, and the setting up of reserves for accident, sickness and old age— the serious economic problems that confront us would soon vanish.” Harriman said that the recommen dations put forward in Congress by Secretary Perkins of the Labor De partment for control of production and minimum wages for a shorter work week had the same objective as the trade practice proposal, “but one preserves American principle and American traditions. The other savors of autocracy and bureaucracy.” WEATHER FOR NORTH CAROLINA- Fair tonight and Thursday; • cooler tonight. , A bouquet, the gift of an ad mirer, lies in Mrs. Roosevelt’s lap. BILL REGULATES SALE OFTOBACCO Flannagan Measure Speci fies Method of Weigh ing and Sorting Daily I>i*p:itrh Rnrenn In the Sir WnHer Hotel. RY J. C. BASKERVILL. Raleigh, May 3.—Tobacco ware housemen will have to be mo(;e care ful in weighing piles of tobacco on their floors if the Senate passes the Flannagan bill, passed by the House yesterday, making it a misdemeanor for any warehouseman to have a dif ference of more than two pounds in the of a pile of tobacco when weighed —i'h ‘he basket and then when weighed without the basket. .The bill also makes it a misdemeanor for qny one to “nest” tobacco piles, (Continued on Page Four.) Ohio Man Made U. S. Treasurer Cincinnati*, May 3.—(AP) —W. A. Julian, retired Cincinnati shoe manufacturer, and Ohio member of the Democratic National Com mittee, today announced his ac ceptance of the post of treasurer of the United States. Informed circles in Washington said yesterday that his appoint ment was probable. Until today, however, Julian insisted he had nothing to say. The treasuryship is the first major pos tto go to an Ohioan in the Roosevelt administration. JRWILL Rogers Xj *sQys: New York, May 3—Well, let’s see what scandal the evening pay pers have here that will bear re peating tomorrow. The House of Representatives is going to limit debate on infla tion to five hours tornidrrmß. I wish to goodness there was away to limit individuals that try to explain it to you, to five hours. We thought technocracy was a tough bird to get the low down on. But it’s only a first reader compared to hearing a guy ex plain inflation. I am going down to Washing ton tomorrow and hear the Con gressmen bite into it. There is one thing about it—lt’s made every man’s intelligence equal. Yours, i ; i will. : : FARM LOANS GET Debt - Burdened Farmers Faced With Loss of Homes to be Provided With Quick Relief PREPARATION MADE FOR EARLY CREDIT Between. 200 and 300 Mil lion Dollars Available Un der Morgenthau’s Direc tion as Organization Be gins To Function Toward Last of This Month Washington, May 3. —(AP)—Pro- vision for special loans to debt-bur dened farmers faced with the pros pect of losing their homes will be the first portion of the farm mortgage bill administered when congressional action on the entire Roosevelt farm program is completed. It was learned today that Henry Morgenthau, Jr., farm board chairman and governor-designate of the farm credit administration .which will be gin functioning May 27, has complet ed arrangements for giving quick aid under this provision. It is separate from the bill’s authorization to re fiance up to two billion dollars in farm mortgages through issuance of Federal land bank bonds, whose in terest will be guaranteed by the gov ernment . The special aid provision authoriz es an advance of funds by the Recon struction Corporation. The Senate gill proposed that this advance be limited to $200,000,000 the House $300,000,000. A compromise at $250,000,000 may be approved by congressional conferees, are expected to adjust such differ ences in the measure this week. These funds as now provided will be lent to farmers on either first or second mortgages upon the whole or Tiny part of his farm property, real or person al, including crops. The amount of the mortgage, together with prior in debtedness, cannot exceed 75 percent of the value of the property, nor will a loan of more than $5,000 be avail able to any farmer. Interest will be at the rate of five percent, with no payment on principal the first three years. Kl ™mrSamily Father Announces Readi ness To Furnish Any Reas onable Ransom HarWichport, Mass. May 3 (AJP) — Police today seardhed Cape Cod and central Massachusetts for the kid napers of 30-year-old Margaret Mc- Matih, wftiilo her father reiterated Ms willingness to pay her abductors to the limit of h,is ability. Neil C. MlcMath, formerly of De troit, and a member of the wealthy and sooally prominent famtily, today cleared his home of ali but members of his household, and announced and announced he would cooperate to the utmost with the kidnapers, to the end that they be not entrapped or prose cuted. v The State police agreed not to po lice the McMath grounds or otherwise place obstacles that would prevent the kidnapers f,f;rom negotiating with the MoMathas on their premises. MAN KNOWN AS “BRAVA” IS DETAINED BY POLICE Harwich, Mass, May 3. —(AP) —A man described only as a “Brava” was taken to police haedquarters here this af’eroon for questioning. Police de clined to disclose the status of his detention. “Brava” is the common designation of Cape Cod for dark-complexioned natives of the Cape Verdie islands or their descendants, many of whom are employed on the Cranberry bogs. READY TO RAISE ANY SUM REASONABLE FOR RANSOM Harwichport, Mass., May 3.—(AP) —Neil C. McMath, in a hurriedly call ed press conference this afternoon, announced that he “can and will” raise ary reasonable sum demanded! by the kidnapers for the return of his j ten-year-old daughter, Margaret Me- . Math, taken from her school yester day;- , I PUBLISHED EVERY AFTERNOON EXCEPT SUNDAY, ELECTION WILL BE HELD NEXT NOV. 7 IF SENATE FAVORS New President EBk& * 188 Major General Oscar Benavides who was elected Provisional President of Peru following the assassination of President Sanchez Cerro. Gen ral Benavides was Peruvian Min " e . r .t° Great Britain and was on a visit home. He is serving as Pro visional President for the second •ime. having held the office in 1914. Sbysenate Many Members Far From Satisfied With Many Changes Made by the Upper House CUT IN TAX LEVIES IS NOT ACCEPTABLE But for These tKe Boost In Amount of General Sales Tax Might Be Easily Ap proved; Senate Conferees May Hold Out for Measure They Passed 1 Dally Dispatch Bnrenn. In the Sir Walter Hotel. DV J. C. TIASKERVILiL. Raleigh, May 3.—till far from sat isfield with the revenue bil las it was passed by the Senate, the House lost little time in refusing to concur in the Senate amendments and sent the bill *o conference when it came up for action today There were several reasons for this. One was that the House had a choice of only two things either concur in the bill as it passed the Senate without making any changes in it, or send it to a con fernce committee, which can make changes in the bill Another reason was that since it is plainly impos sible for tjie General Assembly to ad journ before next week any way, be (Continued on Page Four) schoolllrOns INTO ABDLOCK Senate and” House Commit tees Unable to Come to an. Agreement Dnily DTspnfeU Btiretm, In the Sir Walter Hotel. py J C. BASKERVII.I.. Raleigh, May 3.—lt had been ex pected that the enate would be able to get to work on the school ma chinery bill early this week, but it now appears that it will be Thursday or Friday before the bill is intro duced in either House of the General Assembly. The joint Senate and House Education Committees have been meeting two and three times ..(Continued en Page Four.). ft PAGES 0 TODAY 111 ,f FIVE CENTS COP Revenue Bill, Back From Senate, Is Sent to Con ference for Adjust- i ment of Changes COMMITTEES SPLIT OVER, EDUCATION Unlimited Supplements Fav ored in Senate, While House Feefs Otherwise; Constitutional Amendments Bill Passes House And Goes Back to Senate Raleigh, May 3 (AP)— Prohibition revenue, schools, horse racing with pari-mutual betting, and revision of the State’s Constitution, all vied for the center of legislative interest to day. The House passed and sent to the Senate the Muiphy till t 0 call a gen eral election on November 7 to de termine whether th e State shall hold a convention to consider the Blaine resolution to repeal the eighteeth amendment. Delegates will be elected at the same time. The convention will be held in December. Wilthout discussion, the controver sial biennial revenue bill was sent to conference committee when the House refused to accept Senate amend * meats. The Senate boosted the general sales ta xamendment from two to three percent and changed a number of other items approved by the House The action in sending the money measure to conference practically eli minated any chance for the legislature to adjourn this week. If the commit tee makes any material changes in both bills it has before it, six more, days will be needed to pass the re> port. After working together three days, the House and Senate Education Com mittees split, and the upper division got a bill to allow unlimited supple ments of the State $16,000,000 eight months funds if the voters agree ta the tax. A House bill differing on supplements was predicted Under suspensio nos the rules, both divisions rushed through a measui s introduced by Representative Neal eg McDowell, to allow creation of a rat in gand breeding commission in Mc- Dowell county, and to permit pari mutual betting. The question must be submitted to the voters of the county before it becomes effetive. The House passed and returned t> the Senate for concurrence in amend ments the proposal to revise the Sta'e Constitution, including giving the governor the veto power. The new Con stitution would have to be approved by the voters in 1934. The House passed a measure amend ing the present bus and truck laws to prohibit granting of a franchise to a carrier if he proposes operation over a route where there is already sufficient bus transportation. Another measure given House ap proval would allow the Advisory Bud (Continued on Page Four.) BIG Fill CERTAIN y One of Major Scraps of Ses sion May Come on Floor of two Houses Dnily niupntrh Bn'*-'***, In the Sir Walter Hotel. BY J. C. BASKI-'RVIIiI. Raleigh, May 3.—The impendin fight in the General Assembly ove the school machinery bill, which wi decide the question of local supplt ments now promises to be the bis gest scrape to face the body, accort ing to observers here who see the pot sibiiity of a deadlock between the tw houses on this piece of legislator The fact that the joint education co: mittees have gone weeks without co* ii*g to an agreement upon this vit? question gives some inkling of tt storm that the issue will create whe it comes to the floor, according these observers. Members of 4 hc House Eduactit Committee are understood to favt local supplements to the funds alio; ted for the eight monhts State-sui ported school term but also belie\ (.Continued On Page Four.)
Henderson Daily Dispatch (Henderson, N.C.)
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May 3, 1933, edition 1
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