Newspapers / Henderson Daily Dispatch (Henderson, … / Dec. 15, 1933, edition 1 / Page 1
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gateway to CENTRAL CAROLINA twentieth a ear DRASTIC INCOME TAX LAW REVISION SOUGHT Wallace Sounds Fresh Warnings About Inflation Not Cure-All for Farmers’ Troubles, Secretary of Agriculture Says In Report WOULD NOT STOP PRICE DISPARITY Thinks Gold Buying Policy Eventually Will Be Reflect ed in Better things for Raw Materials; Proposed Regulating Grain Ex changes Washington. Dec. 15. — (APT A reiterated warning that currency in i- not a cure-all" for farmers’ n<»ubl* s was issued by Secretary Wal lace today in his annual report to President Roosevelt. Inflation would raise general price t.’vcls, hr said, but would not elim ii th>' disparity between prices of ri.nifti.il and non agricultural pro j'j.’t; which he termed essential to ♦rmament farm relief, nr th<- administration's gold pur ■n plan, he said: it may not have any great effect : r sonic time on livestock and dairy prices- Eventually, however, most of ijur raw material prices should rise 'o the extent to which the gold in the dollar is reduced.” Wallac*- recommended regulation of -rain ‘xhanges and separation of fmm commercial banks in ..i<i»-r >" -'lengthen country banks. ifr i.i;»nr»-d tbp ris* 5 in farm prices fr. ri la :t rr.-ilTb To July on inordinate" ;pcciiiat|..n if tho commodity markets and Mir President “it is impera tj-r fm ih< government to supervise. 0,.i. jt to regulate grain I i-'i! • inn, because such supervision i■ t t»e only means of preventing abuses." Balancing production with demand was the keynote of Wallace's report. He predicted a permanent crop con trol plan in line with needs of the domestic market. Former Roosevelt Chauffeur Seeks Job At Raleigh Raleigh Dec. 15.—(AIM— O one time chauffeur and valet and masseur of President Franklin D. Roosevelt today was found to be enrolled in the Wake county re employment lists seeking some work. The man, Leßoy *lones, who now lives at Itinghtdale, Wake county, today filed his application for jobs along with others, but with the application came a personal letter •>f recommendation from the President of the United States. Roosevelt gave the Negro his testi monial ten years ago next week on December 20, 1923. He describ ed the man as a faithful servant during the days lie was canvalesc ing from infantiles paralysis at "arm Springs, Ga. The letter is signed by Roose velt and is written on his Hyde Park stationery. Lindbergh Day’s Hop Brief One Sy.n pedro, Dominion Republic, Dec. L'.l (AP) —Colonel and Mrs. Charles A. Lindbergh landed here at 10:40 a. m., eastern standard time, today after a flight from San Joan, Porto Rico, Pan-American Airways announced. San Pedro is on the southern coast of the Dominion cpublican, Republic, °a.s» of Santo Domingo, and 225 miles w »st of San Juan. They alighted h*ne, Pan-American officials said,, he ('Huse of the good airport and facili ties. They planned to stay here to ‘•ay and resume their journey toward Mhuni and New York tomorrow. ■'KAVK PORTO RICO AFTER SPENDIN GONE DAY HERE San Juan, Porto Rico, Dec. 15. — 'APi Colonel and Mrs. Charles A. Lindbergh took off from harbor here in their big red hydromonoplane at (Continued on Page Five.) Itmwrsrm Batin Bispatrh —rr bNLY DAILY NEWSPAPER PUBLISHED IN THIS SECTION OF' NORTH CAROLINA AND VIRoHNIA. * Favors $2.60 Tax * m HE V Bj ■f • “*• Joseph Choate Joseph Choate, head of the fed eral alcohol control administra tion, is snapped at Washington as he told a joint committee of con gress on liquor tax legislation that he personally favored a tax of $2.60 a gallon on whiskey, as proposed by President Roosevelt’s committee on repeal problems. Dual Price Fought By Cleaners Oppose Differential Between Cash and Carry and tile De livery Rates Salisbury Dec. 15.(AP) -The North Carolina Association of Cleaners and Dyers in a Statewide meeting here today, adopted a resolution disfavor ing any price differential between cash and carry and delivery prices being inserted in the national code for the industry. The meeting was at tended by 125 leaders from various sections of the state. George Wester, special representa tive of the national code authority ot the cleaners and dyers trade, of Wash ington, explained the provisions of the code, and also stated that he thought General Johnson, NRA administrator, would see to it that the 85 to 90 per cent of the industry would not be denominated by the small minority of “cut rate chiselers.” STATEDISTRIBUTES $377,517 IN PENSIONS Raleigh, Dec. 15.—(AP)— Santa Claus in the person of checks on the North Carolina State Treasury today was ready to spread hap piness to 4,008 persons who get Confederate pensions. Pension checks aggregating $377,517.50 were in the hands of clerks of superior courts in the 100 counties, Baxter Durham, State auditor, said today. FRANCE DEFAULTS IN HER WAR DEBT Washington, Dec. 15. (AP) — France today officially notified the United States of its intention to default on its payment of $22.- 200,926 on the war debts due today. The note was delivered to the State Department by Andre J. La- Boulaye ,the French ambassador. L THE E r~' V ,!?. K SERVICE OP 1 1L A ~oOCXAIED PRESS. HENDERSON, N. C. FRIDAY AFTERNOON, DECEMBER 15, 1933 BIGGS ASKS COURT ID FIX BASIS FOR PROHIBITION BASE Shaping of Federal Policy Depends on Supreme Court’s Ruling Now Sought ACTION ORIGINATED IN NORTH CAROLINA Judge Hayes Held Since Prohibition Had Beeen Re pealed, Defendants Could Not Be Punished for Vio lating Statute That Had Been Eliminated Washington. Dec. 15.—(AP) — The government today sought an early decision by the Supreme Court on a case to shape Federal policy in ham ling prohibition litigation. Solicitor General J. Crawford Biggs asked the court to review on January 15 a case from North Carolina, in which two men were discharged on the. ground tho eighteenth amendment had been repealed. The decision was delievered by Judge Johnson J. Hayes in the middlt. district of North Carolina. The dr Pendants were charged with con spiracy to violate and with actual violation of the national prohibition law. Judge Hayes took the position that repeal of a statute pending a prose ""-ion f or an offense which it creats stops all prosecution and deprived the cou.is oi authority to impose sen tence. even though the defendants were convicted. KvTftii Gibson and Claude Cham , bet s. Guilford county men. were the defendants. Chambers pleaded guilty to the indictment, but when brought to trial last December 6 filed apeal in abatement in which he objected to the court entering a sentence against him on the ground the eighteenth amendment had been repealed. Gibson demurred to the indictment on th ground it did not state an offense be cause the eighteenth amendment had been repealed. CLERK AFFIRMED ON WILL OF HNLAYSON Goldsboro, Dec. 13.—(AP) —Judge Clayton Moore today aifirmed the rul ing of Clerk of Court C. R. Aycock of Wayne county, denying a petition to vacate letters of administration in the will of the late H. L. Finlayson, millionaire Goldsboro oil man. An ap peal was taken to the Supreme Court. The petition was filed by the First and Merchants National Bank of Rich mond, Va., and others. The letters of administration were filed by Finlayson’s daughter, Mrs. Emma Finlayson Cannon. Extension Is Granted For Insull Greece Gives U. S. Former Utilities Magnate Another Month To Remain Athens, Greece, Dec. 15.—(AP) —The Greek government today granted Samuel Insull an extension to Jan uary 31 in the length of time he will be allowed to remain in this country. Previously in refusing to renew the former American utilities operator’s police residents permit, the govern ment announced he would be forced to leave the country January 1. His present permit expires Decm ber 31. Mr. Insull requested and was grant ed the extension today after the min ister of the interior had informed him that he would be expected to leave by the first o fthe year. At the same time today he was in formed that his passports will be visaed to any country he chooses to visit after leaving Greece. However, as he has no passport. Mr. Insull will be required to travel on temporary papers. WEATHER FOR NORT HCAROLINA. Cloudy, with occasional rains to night and Saturday; rising temper ature Saturday an din central and west portions tonight. Where Ten School Children Died In Crossing Crash § f jawy i'jl osm 1 I I v sJ|py.'J§|fc ; Ten school children lost their lives and 2!) were injured, some so seriously tlui'ti they may die. when an Atlantic Coast Line freight train crashed into a school Inis yesterday morning at Crescent; City, Fla. One widowed moher lost four childdreii in the cat. strophe. MORTGAGE HOLDERS WILL BE GIVEN AID $50,000,000 lo Be Loaned on Defaulted Guaran, teed Papers Washington, Dec. 15.—(AP)—Presi dent Roosevelt approved a plan today for loans by the Reconstruction Cor poration to relieve holders of default ed guaranteed mortgages. The President approved extending small loans in cases of actual distress after a conference with Jesse Jones, chairman of the R. F. C. and George Van Schaick, New York State superin tendent of insurance. “We can work out something,’’ said Jones, “providing loans in the needy cases.” Jones estimated that perhaps $50,- 000 000 would be involved in the re lief effort. He estimated that loans up to about 25 percent of the value of the mortgage certificates would be allowed. He arranged for a conference later today at the R. F. C. to work out details of the plan. GOVERNMENT GOLD PRICE STAYS SAME Washington, Dec. 15.—(AP)— The government’s gold price today was kept at $’4.01 an ounce. London’s price on the basis of ster ling opening at $5.12 1-2 to the pound was $32.41 an ounce. Q (tags' M fflirjM fly /ff / Over 4,000,000 Men Oil CWA’s Payroll To Date Administrator Asserts Goal Set by President When He Set Aside $400,000,000 To Furnish Jobs Is Reached on Schedule Time; Con gress To Be Asked for More Money Wtishingtou, Dec. 15. (AP) — The Civil Works Administration said to day that more than 4,000,000 are now on its payrolls. This was the goal set by President Roosevelt in authorizing use of up wards of $400,000,000 for direct em ployment of persons theretofore on re lief rolls. It is expected that Congress will be asked to provide more funds for this purpose to carry the CWA into the spring months. PRICES OF LIQUOR LAKE A NEW JUMP Holiday Demand Said To Have Boosted Quotations In Raleigh Area !> stpaO'k Rarw*, in n»«» *»r W«:»ep Hotel. i»v J DASKRRVIIiIj. Raleigh, Dec. 15—The price of boot leg liquor has increased again in this section within the past two weeks, according to those in touch with the liquor trade. This the second gen eral increase in price since the State voted against repeal of the eighteenth amendment November 7, although the State would have continued to remain technically dry as long as the Tur lington Act, the State’s bonedry pro hibition enforcement law, remains in effect. The first general increase in prices for bootleg liquor took place with a few days after the repeal elec fContinued on Fage Four.) PUBLISHED EVERY AFTERNOON EXCEPT SUNDAY. Harry L. Hopkins, civil works ad ministrator, told reporters today his information showed that the full quota of employment planned for December 16 has been completed. He could not. however, give any definite figures, and contended himself with the state ment that 4,000,000 are employed. He paid tribute to State and local civil works administrations and volun teer workers who have devoted their ; time to the situation for the past ! month. Inquests Delayed In School Tragedy Near Florida City Crescent City. Fla., Dec. 15. —(AP) Inquest into the school bus train ac cident near here yesterday which kill ed ten children and injured approxi mately 30 others was postponed this morning until tomorrow pending out come of injuries to some of the most seriously hurt. Plans for funeral services for the dead remained undetermined this morning, with discussion centering on a memorial service at the school au ditorium Sunday and a mass funeral burial, except for Bertha Gordon, 15, whose funeral was set for this after noon. WIFE OF ACCUSED SLAYER TESTIFIES Waynesville, Dec. 15 (AP) —'Mrs. Dewey Potter, wife of one of three men on trial here on a charge of mur der of thomas Price, former secre tary of the Union Pacific Railway, testified today that the former rail way executive once threatened to kill her and her children. 8 PAGES TODAY FIVE CENTS COPY OF ALL LOOPHOLES But Will Hamper Business as Little As Possible, Sec. retary Morgen* thau Says RATES WILL AWAIT BUDGETTOMPLETION Principle of Committee’s Plan Is Approved By Trea sury Head, However, High, er Surtaxes Would Be Lev ied on Large Incomes In Coming Year Washington, Dec. 15.—(AP)—-De claration of the administration’s inten tion to plug ‘‘any loopholes,” but ham per business as little as possible, Act ing Secretary Morgenthau today re commended drastic revision of the in come tax laws before the House Ways and Means Committee. The Treasury head, appearing for the first time before a congresional committee in that capacity, withheld his recommendation on specific in come tax rates. The budget must be completed he indicated, before the rate is named. At the same time, however, he ap proved the principle of the commit tee’s plan. The House group suggested that, intead of the present four per cent on the first $4,000 of net income and eight percent on the balance, there be a single four percent rate. Increased surtaxes would be levied on large incomes. Reading only the high spots of hta suggestions before turning over the exposition of details to Profesor Rose well McGill, Treasury tax Mor genthau made no estimate of how much the government might gain from re-writing the income tax law. Aides indicated, however, the Trea sury felt the return would be nearer SIOO,OOO 000 than the committee’s esti mate of $270,000,000. FISHERIES BOAT IS SUNK IN EXPLOSION Georgetown, S. C., Dec. 15.—(AP) —• A State Board of Fisheries boat ex ploded and sank at the water front here today, injuring one person. Captain J. Frank Bellune was capa pulted into the Sampit river, but was only slightly bruised and burned. The explosion shock tne entire town of Georgetown, shattering windows in nearby houses. It was believed that accumulated gasoline fumes caused the blast. NAVY JOINS IN WAR UPON RUM RUNNERS Washington, Dec. 15 (AP) — Presi dent Roosevelt was said at the Treas ury to have ordered the Navy to Co- Operate with the coast guard in stop ping rum running off the Pacific coast. “Ideal” Tax Plan Made By Expert Would Let Govern m e n t Collect on Commodities Taxed All Over Country Albany. N. Y„ Dec. 15.—(AP)—Tax Commissioner Mark Graves, who has helped states from Maine to Califor nia with their tax problems, outlined for the Associated Press today the “ideal tax plan” he has laid before the United States-Treasury. Mr. G raves proposes a two pel cent Federal sales tax. Mr. Graves is president of the New York State Tax Commission and a close friend of President Roosevelt. He helped New Jresey, California and Illinois overhaul their tax sys tems and most of the 48 states have sought his advice. When Mr. Roosevelt was governor, Mr. Graves was his closest financial advisor. His “ideal plan” is present* ed publicly for the first time: By Mark Graves. President New York Tax Commis sion. It seems logical that the business of (Continued on Page Two)
Henderson Daily Dispatch (Henderson, N.C.)
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Dec. 15, 1933, edition 1
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