Newspapers / Henderson Daily Dispatch (Henderson, … / Dec. 19, 1933, edition 1 / Page 1
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\TKWAV TO 'central CAROLINA TWENTIETH \ fc-AU ROOSEVELT GIVES ÜBOR BOARD HUGE POWER IMck Os Bank Financing Creating New Sentiment For U. S. Industry Loans IWIWION GIVING SERIOUS STUDY TO PLANS Corporate Financing I? Re latively Negligible and Bark Loans Are Slow This t ear GOVERNMENT FUNDS ARE BEING URGED Immediate Supply of Purch asing Power on Large Scale Would Thus Be Created, It Is Claimed by Advocates of Plan; Scheme Has Its Opponents 'V t*h;ngton. Dec. 19.—(AP) — The d-=' f making direct government • * • •: -'luslry and to increase pay roi'- f’i activity. receiving serious adm i-unfion study. has gained •i«>’ . ‘-cause of the lack of new rn-p - . j n d hank financing from priva’o jources. o- 1 v hundreds of millions are to-• * ine -.s and industry annual ly i 4 term bonds or common «* >ck - :• -s. Shorter time bank loans ! -•. • ~l‘ d similarly huge loans. 1 ; This -.H»r, however, corporate financ ; !' relatively negligible, and bank I oar. - are slow. S-me uivocare the use of govern ment fu ,i|s on a large scale to fur ni-'i •' immediate supply of purchas es : >'.v. r .n a large scale, without primaly i*'gaid to the actual needs of (h* industry Others urge Federal !<■>;>r- -imply to the extent needed to -upply normal needs. In the first case the proponents view the ; cheme a3 an artificial en ’“t arguing that it is necessary to ’i-‘ thn movement of the slow-to -tautr*ut which to accelerate heavy •v■>. -of industry. In the second case ■ argued, the wheels will start only with a normal push, combined with 'he otho’ stimulative factors being used hv the government. Lindberghs In Last Hop Back Home Pass Wrightsville on Way North After Leaving Charleston Navy Yard r h -trieston. S C.. Dec. 19 »AP>— Colonel and Mrs. Charles A. Lind hc 'gh took off northward at 8:41 a. ' today after spending last night with Rf-ar Admiral James J. Raby at 'he ''•hatleston navy yard. The couple apparently intended to And at Newark or Long Island air port. as indicated last night, but gave no formal word on their plans. Today's flight was expected to bring to a r\ a 25.000-mile aerial survey journey. which took them across two Portions of the Atlantic ocean and ra rripd them almost around the West urn Hemisphere. '’UNK BELIEVED SIGHTED PASSING AT WRIGHTSVILLE Wilmington. Dec. 19 (AP)—A large monoplane headed north and flying passed over Wrightsville Sound, ‘ight miles from here, at 10:04 a. m., Hnf l residents believed the ship to be 'ha* of Colonel and ,Mrs. Lindbergh. w ho took off from Charleston, S. C. flier today. The plane was at an altitude of approximately 1,200 feet. HIAIIIII? FOR NORTH CAROLINA. •lain tonight and possibly Wed nesday morning; slowly rising tem Perature tonight an din east por ''"tt Wednesday. lii'LtiUn'snn SERVICE of Pupil Now Teacher’s Tutor Mr*. Anne Sullivan Macy Helen Keller Helen Keller, famous blind and deaf writer, is now nursing and tutoring her lifelong' friend and teacher, Mrs. Anne Sullivan Macv, helping het ‘ see as Mrs. Mac y once taught her. They are in Rosshire. Scotland, where Alra. Macy u learning the Braille system from her former pupil aa her own eyesight fail*. 'Central Prema) Insull To Seek Refuge In England In January Employment High Under Comparison Washington, Dec. 19. (AP) Secretary Perkins said today that employment in manufacturing in dustries dropped 8.5 percent be tween October 15 and November 15, the first decline since last March. Employment in November, how ever she said, was 80.2 percent higher than in the same month a j year ago. and 29.6 percent higher than last month. She estimated that 2,500,000 more workers were on jobs in manufac turing industries in November than in March. NEW HISTORY TEXT MAY BE APPROVED I But if so, It Will Be Based on Much Lower Price for Parents (tall; LMsiuti* h Ift the Sir Walter Hotel. BY J. C. RASKERVILL- Raleigh, Dec. 19.—While th- State Elementary Textbook Commission has no more than started its study of his tory textbooks with a view to the pos sible adoption of a new series by the State Board of Education, it is vir tually assured that the commission will recommend a new adoption. Indi cations are .however, that as a result of the new law passed by the 1933 General Assembly, providing for the listing of as many a3 eight books in each subject, instead of only four, as in the past, there will be enough com petition among the book publishers to assure prices that will be much lower than the cost of the present bocks. The present history books have been in use eleven years, and were thus contracted for when prices were at the peak. It is believed with the i tided competition among publisher a3 called for under the new law, and with prices still lower than they have been in years, that a new hi-btory series can be adopted that will cost the school children and tneir parents less than the present books The new Elementary Textbook Com mission has nothing to do with either the adoption of textbooks or the let ting of contracts, however, since these two functions are still performed ex clusively by the State Board of Edu cation, composed of the governor, lieu tenant governor, secretary of state, attorney general. State treasurer, State auditor and State superinten dent of public instruction. But if the textbook commission makes a ythor ough investigation into the history textbook field, lists a number of dif (Continued oo Page Four.) jjnly daily NEWSPAPER PUBLISHED British Authorities in Greece Won’t Grant Visa Until Instructed From London NOT PLANNING ANY UNUSUAL TREATMENT Application Would Be Handled Like Any Other Citizen; Story of Insull Utilities Receivership Pa raded to Fublic in Action In Chicago Court Athens. Greece, Dec. 19. —(AP) — Samuel Insull. dethroned American utilities czar, plans to go to England when his police residence permit in this country expires January 31. it wa3 reported here today. Local British authorities, informed of the report, said if Mr. Insull ap plied. no visa would be granted him unt« linstructions were received from London The 74-year-old fugitive has been remaining in bed most of the time since lie was informed he would have to leave Greece. Originally, he was told his depar ture would he expected when his per mit would regularly have expired De cember 31. On his formal applica tion. an extension was granted to Jan uary 31. Greek courts twice have refused to permit the former Chicagoan's ex traditio nto the United States to face embezzlement charges based on the (Continued On Page Four.) Bombings In Havana Continuing Havana, Dec. 19 (AP)—Shoot ing broke out near the presiden tial palace in Havana shortly aft er noon today as gangs of Negroes armed with sticks roamed the streets, forcing shops which had closed to open. Violence, which saw seven bombs exploded in the city last night, was extended into today. Armed soldiers and sailors pa trolled the streets as the govern ment attempted to stop the new disorders. Havana. Dec. 19.—(AP) Seven bombs exploded in Havana during the night and early today—one injuring (Continued on Page Four.) HENDERSON, N. C. TUESDAY AFTERNOON,DECEMBER 19, 1933 m.C«SL!C PERRY MEMORIAL ÜBRMK. HENDERSON. N. G* Dttfln tßtsuatrh IN THIS SECTION 0F- NORTH CAROLINA AND VIRGINIA. * PARAGUAY-BOLIVIA CHRISMS TRUCE Bloody War in Chaco Boreal To Cease at Least Unlil Midnight of De cember 31 PERMANENT PEACE MIGHT INTERVENE Pan-American Conference at Montevideo Hopes for Ac cord in Meantime To End Hundred Year.Old Strife Between Two South Ame rican Nations Montevideo. Dec. 19.—(AP>—Para guay and Bolivia agreed today to hall their bloody war in the Chaco Boreal at least until the end of the Christ mas seasons. Both nations told the Pan-Ameri can Conference, in session here, and its host, the Uruguayan government, that they were willing to stop hos tilities until midnight December 31. President Gabriel Terra, of Uru- i guay, who also is head of the Pan- | American Conference, in session here, j announced last night Bolivia had ac-j cepted a Paraguayan proposal for a j temporary cessation of hostilities. During the period of quiet, confer ence leaders hope to see a permanent i peace effected. President Terra already has pro posed that delegates from the two counties meet in Montevideo with members of the League of Nations peace commission. Announcement that Bolivia had agreed to a truce in the fighting, in which thousands have been slain in recent months, was followed by scenes of wild enthusiasm here. Rob Bank Os $2,200 In State Hot Springs. Dec. 19. (AP) —Four bandits held up the Citizens Bank here today, shut two officials and a cus tomer in a vault and then escaped with $2,200 after exchanging shots ; with the bank cashier. W. T. Davis, the cashier, said the men forced him. the assistant cashier and a customer into the vault, but ! that the door was not locked. Davis freed himself in time to fire | two shots at the fleeing robbers, who in turn fired four shots at Davis. Ap ! parently no one was hit. The bandits fled toward Tennessee in a light sedan. Davis said two of the quartette held him up wliile the other two waited in their automobile. Passersby reported later they saw a number of rifles in the machine. The funds taken were in currency. Burley Market In Asheville Closes With the Others Asheville, Dec. 19.—(AP)— The Asheville hurley tobacco ware houses today closed their doors when buyers of several larger manufacturers were withdrawn from the auctions. Warehousemen announced the market would close until after Christmas, and indicat ed the trend of events in Tennes see and Kentucky were large gov erning factors. New Highway And Street Programs To Washington !»ai!y nispatrk Bfreae, • a the Sir Walter Motel, nr J C- OtSKEKVILL. Raleigh, Dec. 19 —A new partial program for the construction or re building of stretches of Federa laid highways and streets travered by them in municipalities, consisting of 35 propects to cost approximately $309,100, has been sent to the U. S. Bureau of Public Roads in Wash ington for its approval, it was an nounced today by the State Highway and Public Works Commission. Os these projects, four are highway pro Police Hunt His Dog JfiHdi N .‘b—" .. Adolph Gioia Trying te bring back a smile to the face of Adolph Gioia. 11, Gov. A. Harry Moore of New Jersey ordered the entire state police force to aid in the search for the boy’s missing dog, Rex. The sorrow-stricken lad is pic tured at his Newark home giving vent to his despair EX-GOV. M LEAN IS TALKED FOR SENATE Raleigh Speculators Think He Is More Likely Than Ehringhaus WOULD OPPOSE BAILEY McLean Beat Bailey for Governor in 1924; Ehringhaus Still Has Un certain future That Could Sap Popularity * Dili'; Oi.<i|iii(rh nnren* Im the Mr Wnlter Hotel. IU J. C. BASK EH V ||.t. Raleigh, Dec. 19.—With talk in po litical circles here is largely centered on speculation as to who will be can didates for the United States Senate fiom North Carolina against Sena tor J. W. Bailey in 1936 .and Senator Robert R. Reynolds in 1938, one of the latest reports heard is that for mer Governor A. W r . McLean, of Lum berton. will oppse Bailey in 1936, rather than Governor J. C. B. Ehring haus, who recently is being credited with having the desire to oppose Baiiey. In the west, with former Sen ator Cameron Morrison credited by some as having already making plans to run against Senator Reynolds, who defeated him last year and with oth ers convinced that either Clyde Hoey, of Shelby, or former Governor O. Max ~ *nt}i»-ir<ri on Hasre Six) Cottonseed Oil Code Amendment Is Being Sought Washington. Dec. 19. —(AP) —Elimi- nation from the cottonseed oil refin ing industry’s proposed code of a li censing section, and provisions similar to those in the proposed Tugwell food and drug act revision, was asked to day by the industry. 6. E. Jones, of Swift and Company, a member of the code committee of the Institute of Cottonseed Oil Foods, offered a complete substitute for the NRA code and AAA marketing agree ment drawn up by the two adminis trations. The substitute eliminated references to practices termed “unfair methods of competition,” which were included in the original draft. These sections severed false adver tising, misbranding and other stand ards included in the Tugwell bill. jects, in as many different counties, while 31 are municipal projects in 25 different counties. As soon as these are approved by the U. S. Bu reau of Public Roads in Washington bids will be called for and contracts let. It will probably be from two to three weeks before these projects will be definitely approved and bids call ed for, according to Assistant High way Engineer M. V. Baise. Even after the bids have been received, the (Continued od Page Four.) PUBLISHED EVERY AFTERNOON EXCEPT SUNDAY. Action Os Board In Past Approved By The President New >o ‘'Brain Trust’' Dr. W. M. W. Splawq The recent move toward a merge* of all communication systems in the United States under a new federal control board, has brought forward the name of Dr. W. M. W. Splawn, above, professor of economics at the University of Texas, Austin, u another profes sorial member of the administra tion’s “brain trust”. Dr. Splawn has had the task of analyzing the financial structures of the tele phone, telegraph, radio and cable companies for government spon sors of the merger proposal. DEFENDS OPERATION OF DETROIT BANKS Former President of One De funct Concern Tells of Loans by Fords Washington, Dec. 19.—(AP)—De fending operations of the Guardian Detroit Union Group, Inc., Robert O. Lord, former president, told Senate investigators today of loans to the group by Edsell Ford and the Ford Motor Company, aggregating $12,- 000.000. Lord read to the investigators a prepared statement blaming collapse of the huge bank holding company on the depression, and outlining ef forts of the large stokholders to save it. He said that late in 1930. Vdsell Ford loaned the Guardian Detroit Company, a subsidiary, $1,000,000 in cash and $5,000,000 in securities. Benefit For Needy To Be At Stevenson Plans are being completed for the benefit performance at the Stevenson theatre next Saturday morning at 10 o’clock, when the theatre and the Daily Dispatch will play Santa • Claus for the needy of the city. “The Life of Jimmy Dolan,” featurnig Doug las Fairbanks, Jr., will be present ed at the hour and for one per . formance only. All adults and children will be admitted free who wil lbring one pound or more of groceries and vegetables, such as canned meats fruits, sugar, flour, coffee, tea, potatoes, etc., also clothing, old toys or anything that will be of use to the needy of this commun ity. All articles colected will be dis tributed by the Salvation Army, under direction of Ensign Joseph Willett, corps commander. No cash will be accepted and no tick ets will be gpfd for this perform ance. The theatre is contributing the the cost of the picture and the Daily Dispatch this front page space. You do your bit by at tending. 8 PAGES TODAY FIVE CENTS COPY Its Hands Strengthened For Settlement of Labor Dis putes All Over the Country THREATS TO PEACE MUST BE CRUSHED W i Authority To Settle All Con. froversies Between Labor and Capital Conferred By Executive Order; Board at Odds With Wierton Steel Co. Washington, Dec. 19.—(AP)—-Presi dent Roosevelt has issued an execu tive order defining and establishing the authority of the National Labor Board to strengthen its hands in set tling labor disputes. Preparations were being made to day for its publication. The Presidential order authorizes the ooard to “to compose all conflicts threatening the industrial peace of the country." Apparently designed as a safeguard to insure the authority of the board, which is now at odds with the Wier ton Steel Company, it said: “All actions heretofore taken by this board in the discharge of its functions is hereby approved and ratified." Tiie order defines the powers of the board, giving it the authority to settle "by mediation, conciliation or arbitration" all controversies between employers and emnloyees. Ehringhaus Calls Tobacco ‘Holiday’ In Burley Region Raleigh, Dec. 19. —(AP) —Gover- nor Ehringhaus today proclaimed a marketing holiday for hurley to bacco beginning Wednesday, De cember 20. The holiday will continue until further proclamation. The governor’s proclamation noted that a hearing will be held in Washington on December 21 on a marketing agreement with reference to burley tobacco. Governor Ehringhaus’ proclama tion was tue second he has issued this year for a tobacco marketing holiday. Government Gold Price Kept Same Washington, Dec. 19. (AP)— The government gold price of $34.06 an ounce today was repeat ed for a second time. The London bar gold price today was $32.67 on the basis of sterling opening at $5.15 1-2 to the pound. Would Further Hamper American Foreign Trade, House Group Is Told Washington, Dec. 19. — (AP)—Assis tant Secretary of Commerce John Dickinson today opposed before thi House Ways and Means Commitete its proposal to abolish foreign tax credit in the new revenue bill. Opening his statement with the as sertion that the proposition “amounts to double taxation,” Dickinson said that the proposed repeal of the for eign tax credit allowance “reverses the policy of double taxation, from which we have been away since 1918.” “It is hardly a favorable time to impose addition tax burdens on our foreign trade,” Dickinson said. “We have been trying to improve it.” Dickinson said foreign trade bad dropped from $5,900,000,000 to $1,600,- 000,000 since 1929, and that in the first eight months of the present year It had averaged only $100,000,000 a month. Due to the measures taken by the administration, however, he said foreign trade increased in Oc tober to $200,000,000. “Total revenues to be derived from the proposed foreign tax credit re peal is relatively very small,” he said, adding that it was less than $10,000,- 000.
Henderson Daily Dispatch (Henderson, N.C.)
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Dec. 19, 1933, edition 1
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