Newspapers / Henderson Daily Dispatch (Henderson, … / Oct. 26, 1933, edition 1 / Page 1
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ufN'DERSON gateway TO central CAROLINA twentieth YEAR SERIOUS BOMBINGS price For Newly-Mined Gold ffilEß IMPETUS TO PRICE ADVANCE GOVERNMENT GOAL ]!ise of 13 Cents Per Ounce Over Wednesday An nounced for Level Now of $31.54 URCHASES TO BE UPON DAILY BASIS peeping Strp Ahead of For, e gn Quotations, But Point Mny Be Reached Where There Will Be No Urgent Necessity for Continued Marking Up Washington. Oct. 26.—<AP)— President Roosevelt Unlay issued an executive order authorizing pur<h:«**‘ ct newly-mined gold by the R*TOHslruetirn Corporation In | accordance with his plan for a j managed currency through con trol of domestic gold prices. tia’hi!'?/ n. Oct. 26.--(AP) The ;(’nip.isttT xu sought to give iucreae ii impe*"- to its price boosting pro n 'O' by increasing the price it. i v!;i pay f->r newly mined gold by is j cent? an ounce over yesterday, the] figure svt being $3154. I* was Averted at th° White House | •>tcr‘ha! 'h<> Increase did not mean,] ;:?':«?aruy that there would be* a u'ly increase. .[ ndicat/ons wre voiced that so long i the American pric" ahead •f foreign market levels, a point may; 'i reached when it will not be felt i ■.h’T’WlV hr Increase the quotations. *? Purchases of the metal will continue cr a dai!v basis. t s'erd.i" when (.his Roosevelt po-1 :i> • was inaugurated, th*' domestic j 9 i'fi wa- fixeu a* $31.33, against a don figure of 31.09. ‘.t the '.-change rate of $4.75, today's ' don quotation was $31.06. l”h!le (his was a decrease of three •".is, a? compared with yesterday, •i 'ro ra> actually an increase in the 'nden grid price in British cur .rrcy. >.day'- price was determined by *he ccmniitte*- appointed by the Presi dent to atttnd to this detail. Repealers Spend Sum Os $3,367 Robert Lassiter and George Thomas, of Charlotte, Heaviest Contributors Rapigh. Oct, 26- (AP)—The United ( cnneil for Repeal, which is directing ■ camj aign In North Carolina look • <g toward recording the State No niber * \ n favor of removing the ‘■ghi'enth amendment from the Con ■cotution, r> ported today it. had re r ve< l and spent $3,367.-14 in cam aigrn. Walter Murphy, -(eciretary of the uuned. and Slate campaign manager, ■ed hi:-; preliminary report with Stacy • Wade, secretary of State, as re "i rd by th" corrupt practices act. hs United Dry Forces, directing the v ''gi’t. hnot reported fheir ec ’ if'ts and expenditures, but must o so by midnight Saturday. • Uinal expense reports must b** filled 'Continued on Page Three.) Arms Conference Takes Adjournment Till Dec. 4 Geneva. Oo 26 ~(AP)—The disarma •n'nt conference today adjourned un ■ December 4 after hearing frinedly f ierences Uj Germany during the xes discussions. toe adjournment decision was in ll ‘° wiili n recommendation of the V. r * n * 1 which mot yester- Gaj,t;iii, Anthony Eden. British for '<ll) off),- u under secretary, said dur- n o the di-.cussiona that it was quite Hrntirrsnu As Graf Arrived at Miami fcnroute to Lair The Graf Zeppelin moored safely at Miami before continuing her cruise to the World's Fair at Chicago on her tilth visit to the United States. Mayor E. G. Sewell greets Commander Hugo Eckener (above left) as the dirigible met terra firm a after the (light from Germany via South America. Among his passengers is eleven-months-old Billy Munson, son of Mr. and Mrs. Richard Munson of Rio de Janeiro. TJw youngest passenger ever to be carried on the sky giant is shown looking out of the cabin window with a shipmate. fCentral Press) Guardsmen Called In Robber Search Indianapolis, Ind,. Oct. 26 (AP) —Mobilization of 70 officers and 56fl «*nJi*<ed men of <hc Indiana Xa fciowil Guard, to. Aid rkll authorities in apprehending a bank robbing gang was ordered today by Ad jutant General Elmer S. Straub. DRYS DISAPPOINTED A! BAILEY’S STAND I ——l Had Hoped He Would Get; on Opposite Side of Fence From Reynolds Daily niM]»at<*b Brrem, In ihe Sir Walter Hotel, nv J c. It ASK Elt VILL. Raleigh. Oct. 26. —While the anti repeal forces maintain that 'hey do not “particularly need Senator Josiah William Bailey in this campaign,” there is nu doubt that the United Dry Forces are keenly disappointed be cause h" Iras come out for l'epeal. There is no doubt they had counted upon hiir. to stand with thorn, regard less of what Senator Robert R. Reynolds might say or other party leaders might do. They recalled that he had once edited The Biblical R>'- (Continued on Page Three.) Probing Charges Against Minister In Winston-Salem Winston-Salem, Oct. 26. —(AP)— A committe- appointed by Bishop Ed win D. Mcuzon went into secret ses sion here today to discuss data re lating to charges against the Rev. W. A. Newell, presiding elder of the Greensboro district, brought by Rev. J. A. Baldwin, pastor of the Grace Methodist church here, on behalf of other members of the Western Con fernce. Nature of the charges was not an nounced, hut it was understood they dealt with private and ministerial matters. clear that ihe withdrawal of Germany could not be without effect on the work of the conference, and that it would cause some dislocations. “But.” h“ added, “the British gov ernment leels this should not be allow ed to stop ihe work of the conference. Wr must look forward and not indulge in recrirrmations.“ Captain Eden pledged Great Bri tain's wholehearted support to the ef forts to achieve progress. ONLY DAILY WIRE SERVICE OF ihe associated press. NEWSPAPER PUBLISHED IN THIS SECTION OP NORTH CAROLINA HENDERSON N. C„ THURSDAY AFTERNOON, OCTOBER 26 1933" Farmers May Borrow On Cotton Held On Options Might Be Possible To Hold Staple Long Enough To j Make Good 400 Per cent Profit There OPTIONS TO GO OUT DURING NEXT WEEK About 2,400,000 Bales of Cpttpn Held by ment Involved; While Plan Is Being Discussed, No De cision Has Been Reached As Yet Washington. Oct. 26.-(AP)—Oscar Johnston finance director of the Farm Adjustment Administration, told news paperm< r that options on government cotton he! 1 by Southern farmers pro bably would be “sent out next week.” The options probably will be releas ed as soon as sent to the holders. Approximately 2.400,000 bales are in volved. f. Growers who participated in the cotton reduction campaign last sum mer were given options at six cents a pound. As the options are released, the cotton may be sold and the dif ference between six cents and the pre sent market price will be profit to the giower. Johnston also said there was a pros pect that the government would lend ten cents a pound on option cotton. A program on which producers would be loaned that amount per pound oi. cotton of this year’s har vest wa« announced recently by the Farm Adjustment Administration. Several Southern senators, includ ing Senator Smith, Democrat, South Carolina, have that the govern ment include the option cotton, in it* loan plan. If this was done, the persons who hold the op l ions could borrow four cents a pound on the cotton and might sell it if the price went higher and repay the government loan. Johnston said, however, that no de cision # had been reached as yet. Shall Government Run the Banks? It’s not outside, the realm of possibility, says Senator James Couzeus, nation's foremost banking authority in series of three exclusive dispatches be ginning today. Senator Cou zens points way t<o a definite clean-up of the tank situa tion., ■Exclusive in Henderson Daily Dispatch IHhMUb rtnru iHCiHUfiInU . a INCREASE IN HAVANA * * ,y. » x. x. se. «, * A " • ** ****** ¥ * * a M Shot Upward By The Government Cleared by Jafsie a*'- 0..: ■■ ■■ is* mm-'m John Gorch Held in Boston as a suspect in the Lindbergh kidnaping, John Gorch, ex-convict, •was said to be “posi tively not the man to whom 1 gave the $50,000 ransom money in St. Raymond's cemetery” by Dr. John F. Condon, the “Jafsie” in the case, when he was shown Gorch's picture in New York. Gorch was wanted by police in connection with other charges. (Central Presti) Big Plant Is Closed By Strike Augusta, Ga.. Oct. 26.—(AP) — An other textile plant was shut down to day as a crowd descended unexpected ly o nth” plant of the Riverside Mills and ordered about 400 workers to leave their jobs. The workers quit on advice of the mill management. Five other textile plants here have been closed due to labor troubles. Without previous announcement, a crowd, estimated at about 125 rushed into the plant of the Riverside mill, ■whijch manufacturers bagging, Ma chine waste and similar products and ordered the workers to quit. T. M. Hefferman, general manager of the mill, said the first he heard about the arrival of the crowd was when some of his workers came to him and told him they had been or dered to leave. He said he advised the workers to quit to avoid trouble, and announced later the mill woud not try to operate an afternoon shift du« to come or. at 3 p. m. Only minor disorders marked the incident. =. Exports of $160,000,000 and Imports of $147,000,000 Announced By Department SEASONAL INCREASE IS SHORT, HOWEVER Customs Receipts Show Slight Rise to $32,936,000 In September, Seventh Consecutive Month This Has Occurred and Biggest Since Last October Washington, Oct. 26.—(AP) —United States exports during September were valued t-'day by the Department or Commerce at. $160,000,000. and the im porLs at $147,000,000, a net balance of sl3 000.00 in favor of the United States. E. A. Tapper of the division of economic research, said exports us ually show a seasonal increase of about 14 percent from August to Sep tember. and imports a seasonal decline of one pcjcent. This year the value of exports ad-, vanced 2 2 percent, while the value of imports declined five percent. Net customs receipts increased frqjyi $32,204,000 in August to $32,936,000 in September, the seventh consecutive monthly advance, and the largest col lection in any month since October. TS State President Calls on All Counties To Send Groups f To Raleigh Raleigh, Oct 26. (AP) —Every club of Young- Democrats in North Caro lina today was called upon by Mrs. Mae Thompson Evans, of High Point, State president, to have representatives in Raleigh on November 3 when Postmaster General James A. Farley •speaks urging repeal votes in Tar Heelia. “We as young Democrats want to demonstrate our support of our na tional platform by our welcome to Mr. Farley,’’ Mrs. Evans advised each club president by letter. She ask'd that each club send at least one automo bile load of delegates to hear Mr. Farley. At the same time Mrs. Evans call ed the State executive and finance committees of the Young Democrats to hold a ioint session here the after noon of November 3 aft' r the Farley address. SoMAIN Move To Compel Higher Teachers* Pay Here Stir red from Outside Dally Dlsparm BB'eiti. In tne Sir Walter Hotel, »» .1 c R*SIvF.nVTI.L. Raleigh, Oct. 26. There is a darkey in the wood pile in connection with the announced intention of the Na tional Association for the Advance ment of Colored People to bring a test suit here in North Carolina in an attempt io compel the State to pay the same salaries to Negro school teachers ihat it pays to white school teachers, it bacem evident here today. For those who have been examining into the situation are convinced of two things, as follows: 1. That the agitation for this test suit to compel the State o pay higher salaries to Negro school teachers is coming almost entirely from Negro agitators and their sympathizers from outside the State, chiefly in New York and New England. 2. That the National Association for (Continued on Page Three.) WEATHER FOR NORTH CAROLINA. Fair, not quite so cold tonight; Friday increasing cloudiness and warmer, followed by rain in ex | treme west portion in afternoon or , [ at night. .. - AND VIRGINIA. PUBLISHED EVERY AFTERNOON EXCEPT SUNDAY. New F rench Premier §KB§Beilr g§§Bß> •.•■•••'.CIxY:...; :|: xY I-<8 Albert. Sarraut. French senator has 'been entrusted with Itihe duty of form ing a now cabinet for the republic 'following the fall of the ministry head ed by Premier Edouard Daladier •Monday after failing in a vote of confidence in the Chamber of Depu ties.' Sarraut is a former minister of the interior. MILLIONS WASTED MWLOANS $18,000,000 Spent Unneces sarily in “Graft Condi tions”, Senators Are Advised REPORT FROM FILE OF BANK READ OUT * Pecora Has Letter Put Into Record of Hearing; Asked If Bank Knew of Condition When It Sold Securities, Witness Says He Has No Idea ■Washington, Oct. 26. — (AP)- -Senate investigators today characterized as ‘‘graft conditions” a report from the files of the Chase National Bank that. $13,000,000 had been spent "unneces sarily” on the Cuban capital building, construction of which was partly fi nance by loans from the bank. After reading the reporl from Chase filed telling of the expenditures, Ferd inand Pecora counsel for the stock market committee, asked Shepherdd Morgan- Chase vice-president, if “these 'graft conditions” had been known five months previously when the hank sold $40000,000 in Cuban bonds to the public. "I have no idea,” Morgan replied. “But only 35 percent of the public jpuhiie works expenditures were fin anced by the •obliigajt.ions advanced by us. ” i ALCOHOLIC DRINKS UNLAWFUL IN STATE Raleigh. Oct. 26.—(AV)—It i« unlawful in North Carolina to ad vertise any alcoholic beverage con tain iug more than 3.2 percent al coholic content for sale, now or In the future, the attorney general's office pointed out today. New October Lows Made In First Winter’s Dash (By the Associated Press.) In the wake of a storm that whistled out over the Atlantic, temperatures dropped to new October lows in several parts of New England today. In snow-blanketed sections of Northern New York the mercury dip ped close to the zero mark. At Sara nac Lake in the Adirondacks it stop ped at eight degrees, the coldest day there in ten years.. Owl’s Head hibernated under snow O PAGES OTODAY FIVE CENTS COPY ATTEMPT IS MADE UPON THE LIFE OF Home of Carlos Mendieta, Veterain Politician, Is Damaged by Bomb During Night BOMBING FOLLOWS WILDEST DISORDER 400 Persons Arrested In Ef fort t 0 Stem Trouble t Most of Them Being Commun ists; Outside Capital City Situation Also Continues Very Acute Havana, Oc(. 26. —TAP)—An attempt was mad" early today on t,ho life of Carlos M<-ndie<a. veteran Nationalist leader, when his home was (tombed. Mrs. Mendieta. narrowly escaped In jury when t.h<* balcony on which she had been standing but a few minutes earlier was ripped away by the ex plosion. Menditua said he had “no idea” who was responsible for the attempt on his life. rhe explosion, which occurred about P3O a. m., shattered windows of hfc bedroom and tore away the front of his home, but Mendieta. his wife and their daughter escaped injury. The bombing followed hours of wild disorders in some parts of the city. During t.iv last two days police fca-ie arrested 400 persons m an effort to stem the trouble. Most of those arrested were com munists. Outside (he capital the situation 8] so was aefute—especially in Matanzi - province, and at the Alto Sedro suga mill in Oriente province, where th American manager, C. M. Jervis, w* held prisoner by workers who wet reported to have set up a “soviet r? gime.” ROOSEVELT TALK" WITH STOCK Hi A! Washington, Oct. 26. —(AP)- Pr * dent Roosevelt conferred for 30 rri utes today with Richard Whitney president of the New York Stock E> change. Sarraut 'To Be Premier Os Franc* Some Old Minister Retained In Ole Posts; Hopes F o r Strong Majority Paris. Oct. 26.—(AP) —Senator Al bert Sarraut, definitely decided tod. r to become premier of France and a short time later a probable cabinet was semi-officially announced, show ing several old ministers m their cld post 3. Three, former ministers were retain ed, but were shifted to different portif olios. If M. Sarraut succeeds in listing Laurent Bonnevay as minister of health, and Francois Pietri as minis ter of the budget, who belonged to (he left republican and in keepirg peace in iris political family, political observers believe he would havo a strong majoriiy. drifts three feet deep. Elsew'here in the United States temperatures rose rapidly. From 1 e Mississippi Valley west to the Rod s October’s traditional “bright bl 1 ” weather returned after a brief ecH"' >. Several southern cities early to y reported unusually cold weather. ' e theexmometer registered 43 dejfr s above zero at Vicksburg. Pjxie <•; e out from under its overcoats and If t kets later in the day and nor l weather was predicted.. i
Henderson Daily Dispatch (Henderson, N.C.)
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Oct. 26, 1933, edition 1
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