HENDERSON, GATEWAY TO CENTRAL CAROLINA. TWENTIETH YEAR GOLD BLOC DEFINITELY 22,594 ACRES OF COTTON SIGNED IN STATE’SCAMPAIGN Quota Is 363,000, But Dean Schaub Is Still Optimis. tic Over Outcome of Drive TO CLOSE BY SATURDAY That Is Last Date on Which Contracts Can Be Receiv ed, Except by Special Per mission; Every Farmer To Have Opportunity To Sign Up Raleigh. July 3.—(AP)—Norili Car olina farmers* who have signed con tra: s to retire cotton of th s year’s crcp under th? Federal reduction pro gram up to had pledged only 22.391 acres cut of the needed 363.00 C Dean I. O. Schaub of N. C. State Cf lege, directing the drive, continued tc 'Xprcs.* confidence the quota would ■fc? reached. Rcpnrrs from 18 counties today ad ded 3.251 acres pledged to be removed cut of 8.276 acres now growing cot ton. Th? new data raised th? pledgee ?rr?3ge for retirement to only about five percent of the quota, though the campaign is in its eighth day and nuts’ be fin shed by Saturday night. Thus far 4,438 growers have pledged themselves to retire 31 percent of their ecerage. with the yields per acre es timated at 290 pounds. Th:y have 66 323 acres now in cotton. WORKER* ARE NOW URGED TO FINISH BY SATURDAY - Wa«hirrglort, July 3 -(AP)—As -the campaign entered it saccoud week, in < Continued on Page BUc). Highway Officer Questions Couple Youths, Is Killed Grant's Pass, Ore., July 3 (A'P) — Two hours after Burwell M. Baucom St*t» highway patrolman, was shot »bout the ownership of their car here to death in questioning two motorists f-oi-div night, a posse captured Adol ph Bowles, 21 and John Alvin Bar / er, 17 as uiev walked alone near the summit of Count Seston. Sheriff's deputies said the two con fessed the slaying, that Barrier had fired the fatal shot and .that the car they were riding in it the time had been stole n i n Los Angeles. VIOLENT STORM IN CHICAGO VICINITY Chicago, July 3.—(AP)—A trail r s tom and twisted homes and dehr r today marked the path of * violet wind storm that swept over a 30-mile course from Elgin, G■> to Chicago. There were va lious estimates of the damage, »»>™e of them as high as $2,000,- fK). Cool Wave Dips Down From Bay Almost “Too Good 1 o Be True” as Heat ave Is Chased By, North Winds Washington, July 3. — CAP)—Almost ioo good to be true” was the way Amber Bureau officials today de scribed the high pressure area which > io w down out of Canada over the week-end ar.d routed hig tftermome 'et read ngs from Minnesota to the Atlantic. AWhough cooler weather had been expected in the southern New Eng »nd region, the high pressure which developed Saturday in the lower Hud ■*on r *ay area exceeded all looked .for )f >unds, and swept the hot weather ! >re it as far south as northern t l*t»ntel» Rnrrna, In the Sir Waller Hotel. BY J. C. DASKERVILL. Raleigh, July 3.—While it is gen erally conceded that the State con vention of North Carolina Young Democrats, which meets at Wrights ville Beach next Saturday, will go on record as favoring repeal of the eighteenth amendment and urge all Young Democrats to vote and work for its repeal in the campaign this fall, it is regarded as doubtful wheth er the Young Democrats will decide to get into the campaign as an or ganization. For a time the militantly wet element among the Young Dem (Continued on Page Six.) Stocks and Wheat i Soar as Dollar Is At New Low Level, New York, July 3. —(AP)—Spe- culative markets, particularly stocks and wheat, soared today as the dollar dropped. President Roosevelt’s emphatic “No” to European overtures for stabilization was accompanied by heavy buying on the country’s two exchanges—the New York Stock Exchange and the Chicago Board of Trade. American cur rency tumbled heavily, being quot ed at hew lows in terms of Euro pean money, Statement By Roosevelt Bursts Like Great Bomb On Economic Conference Don’t Give a Row of Beans About Gold Standards at This Juncture, President Says SEEN AS A VEILED REBUKE TO FRANCE Emphatic Reference Made Unbalanced Budgets And Huge Military Expendi. tures, as Well as Uncollect, ed Taxes; Moving Back to Main Purpose London, June 3.—(AP)’—President Roosevelt’s blunt statement explain ing why America finds it necessary to turn down European gold bloc de mands for stabilization of currencies burst like a bomb in the midst of the world economic conference. The President’s statement was in terpreted by experts in high confer ence quarters not only as a flat noti fication that the United States is not interested in restoring the old-fash ioned gold standard, which France and her continental allies have been trying to force him to support, but as a scarcely veiled reproof to France Experts expressed the opinon that the American chief executive had in mind France's unbalanced budget and hug?, expenditures for military and naval purposes, as well as uncollect ed domestic taxes, when he said: “When the world works out con certed policies in the majority of na tions to produce balanced budgets and living within their means, then we can properly discuss a better deposition of the world’s gold and silver supply to act as a reserve base for national currencies.” In many conference circles, the President's statement was taken to mean in substance: “we do not give a row of beans about gold at this junc ture. Other nations may stay on gold or abandon it to suit themselves, but we are not lending our support to the maintenance of old-fashioned Euro pean gold standards at this time.” One expert said: “Mr. Roosevelt fortunately is trying to bring the con ference back to the main purpose for which it was called, namely to recon struct the price levels of world trade and to permit trade to flow through natural channels without excessive ob structions.” “it the conference accepts this key note, there is still hope that it will serve its high purpose. His statement leaves no doubt that the President (Continued on Page Six) Boardman Dies From Air Injury Indianapolis, Ind., July 3 (AP) —Russell Boa rdmaji_ 35jyear-*old, Boston Mass., sportsman, and aviator, injured Saturday during the trans-continental air race, died this morning at City hospital. The one-time co-holder of the world’s long distance novt-stop flight record, succumbed to in juries which included a .fractured skull, a broken shoulder and a puncturued lung. Among the few persons permit ted in his hospita lroom before death came were Mrs. Boardman. Who flew here from Providence. R. I. md his brother, EaH who came from Albuquerque, N. Mex ico. 1 Tropical Storm Centers In Cuba Miami, Fla., July 3.—(AP)— Richard W. Grey, government •meteorologist here, said at 10 a. m. that his advices so far today indi cated the center of the tropical dis turbance in Cuba still was in the 'vicinity of Pinar del Rio, west of Havana. Advices to the Weather Bureau here, Grey said, indicated that the •storm was a considerale distance southwest of Key West and that its present d rection was not toward Key West. PUBLISHED EVERY AFTERMOOE EXCEPT SUNDAY, Get Wendell Riches figra. ' n nyiiu. l ' Bro. Final settlement of long court bat tle over disposition of $40,000,000 estate of Miss Ella Wendell, aged New York recluse, in which 2,300 persons sought a share, brought pome of the money to Mrs. Eddeva Barney Irwin (top) and Mrs. Effie Barney Bush (below), Pacific Coast relatives fifth degree re moved; Rosa Dew Stansbury, Vicksburg, Miss.; Grace B. Mc- Quarrie, Oakland, Calif.; Hattie B. Simmons, Spokane, Wash., and heirs of Laura O. Harrison, Ala meda, Calif., will divide $2,000,000. Rest of estate goes to charity. (Central Press) ROOSF.VELTSSHIP MAKES ANNAPOLIS i Cruiser Indianapolis Anch. or& off Naval Academy On Its Return CABINET GREETS HIM “Landlubber” CaMneteers Hesitate, However, To Brave Choppy Seas For Ride Out to Cruiser For Conference Annapolis,, Md., July 3. —(AP) Members of President Roosevelt’s cab inet today braved the choppy waves of Annapolis Roads to board the cruiser Indianapolis at 12:45 p. m., eastern standard time, for a special meeting with the chief executive. Mr. Roosevelt was aboard the trim cruiser, which anchored about three miles from the landing dock at the naval academy earlier in the day. Carrying a mass of data bearing on the national recovery program the cabinet memebrs waited for more than an hour after they the academy before attempting the rough ride out to the Indianpolis. Even then, it took the persuasion of Marvin H. Mclntyre, a secretary to the President, to get some of the “landlubber” cabineters to board a sub chaser for the trip out. “I am willing to die> for the Presi dent,” observed Secretary Ickes as he scanned ihe rolling sea, “but I won’t get .sea sick for him.” But, after as surances from Captain Robert White, of the destroyer Ellis, the secretary of the interior and other doubtful offi cials ventured aboard the sub-chaser and set out. WEATHER } % . •, FOR NORTH CAROLINA. Generally fair tonight and Tues day, preceded by local thunder showers this afternoon Or early tonight in south and central por tions; cboler tonight and in south porticii Tuesday. . _ t . 8 PAGES TODAY FIVE CENTS COPY FUG OF So i KEEP THEM THE t Immediate Orders To Re turn Home Expected By Delegations From Some Gold Nations IT MIGHT PARALYZE ENTIRE CONFERENCE Adjournment Until Thurs day Is Obtained; Seen As Merely Entering Wedge and Some High Quarters Anticipate Activities Will* Not Be Resumed London, July 3.—(AP)—President Roosevelt’s dramatic refusal to have anything: to do with supporting- the old-fashioned gold standard resulted this afternoon in the European gold bloc’s definite threat to desert the par ley unless it sails under a flag of gold. In gold bloc quarters it was stated that some delegations at least expect ed immediate orders from their gov ernments to return home?-leaving on ly a few minor secretaries at London. Should the entire gold group, con sisting of France, Belgium, Holland, Italy and Switzerland, abandon the conference, it would be virtually par lyzed. The first move on behalf of the gold countries s was made through Switzerland. Walter Stucku, chief Swiss delegate asked for and obtained adjournment until Thursday of their important drafting committee of the economia icommission, on the ground that no further work could be accomplished until gold bloc delegations should re ceive fresh instructions from their governments. A similar action was expected in *ntin