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