Newspapers / Henderson Daily Dispatch (Henderson, … / Dec. 23, 1933, edition 1 / Page 1
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FT "henderson GATEWAY TO CENTRAL CAROLINA 1 twentieth year Bi-Metal Dollar Roosevelts Plan To Higher Prices Capital Waits Anxiously To See if Silver Stabilization Plan Will Be Extended HURRIED meeting of reserve heads Woder Is If That Was Ne cessitated by Developments or Forecast Others To Come; Silver Coinage Ex pected To Depreciate Dol lar in Silver Countries \Y;t .liiugiun. Dec. 23. LAP) I’resi ii.nt Hoo-evelt today pursued a sort of li■ it id hi-mottalic-conimodity dolhu idea in the .search for higher prices. Tm capital eagerly sought evidences of iiny administration moves to carry* ut his expressed hope for extension f the silver stabilization plan to o:her media of exchange. perhaps j gold, and wondered whether last j night's secret and hurried meeting i of Federal Reserve Board governors | was necessitated by developments or I forecast others to come. The (’resident expects silver coin among other things to depreciate Ho ''"liar 4)11 other silver using coun tr;* m t as gold purchases have done in 11 ?*>t 1- which used that metal as a Imr When that 'depreciation, both at •me and abroad, reaches "'liidi Mi. Roosevelt considers satis fiehny. and when commodity pricos 1 - him. he hopes for stabilization. He would like to regulate the dol lar then so that its .purchasing mwei , in terms of commodities, would be more constant. Constancy, his advisors -av. would be achieved through con tinued control o fthc value # of gold ants -ilvei So the dollar it is theorized, would be directly based on commod ities with its purchasing power di tcct(d through changes in the price of two basic metals. •T 75 Nurses Pass Examinations of The State Board Hull* lt|»|iAt«’fc RlrrH> •»* tfcc air Walter »him. e* J c QlirKKlirti i, B.aMgb, Dec. 23.—A total of 375 * u r lf'nt nurses passed the examina tion; given esveral weeks ago by the Board of Nurse Examiners, out of ;• total of 461 pplicants for license, ’’ w;i.: announced today by Miss Lula 1 of Mount Airy, secretary-trcasur 11 of tin. board. In addition to the ion s who successfully passed the st;,ti examination, 20 nurses from oth#»t tales were also licensed witn examination. '•'he highest average made among Mie 373 nurses who passed the exam ination was made by Miss Josephine Bliss Page of Sanatorium, while the “'ond highest average was made by Mi.s.s I/jssie May Fountain of Wilming ton, Fhe Board of Nurse Examiners is "•mpos'd of Dr. D. A. Garrison, Gas 'onin; Dr. C. H. Peete, Warrenton; Miss Bessie Chapan, Greensboro, who is president of the board; Miss Jose phine Kerr, of Charlotte and Miss Bnhi West, Mount Airy, secretary treasurer. Man Who Set Fire To Reichstag Must Die Leipzig, Germany, Dec. ‘23, —(AP) — flie supreme court ended three "lonths of deliberations today with a v, 'dk:t that Marinus van der Lubbe, -'*• a brickmanson from Holland must 'li»* for setting fire to the Reichstag which was burned last Fefo ruary. At the same time the court freed r '" Jr communists whom the State had to be responsible with van der Lubbe. Thus ended one of the most Tentacular trials in German history. v an der Lubbe did not appear to > ; ike any notice of the verdict. Apathetic at the end, as in the be ginning, of the grian—a grotesque i«ure In H hunched over position, _ . -- ■ _ -J —Z^r— ..mvww-iwk**’** K itenitersmt LE . A .^, L ‘ T'RR SERVICE OF «l< associated press. Women Fliers at Miami Continuing Miami. Fla., Dee. 23.~(A»’) Frances Marsalis and Helen Richey put in their orders for a full eon re turkey dinner for Christmas as their plane today neared the three day mark in their.attempt to bet ter the women’s endurance record of eight days and four hours. The order was contained in a brief not* dropped on the airport last night They continued last night their f ights away from the immeidate vicinity of the municipal field, fly ing over Miami proper and short distances out over the ocean about fie miles- east from the airport. DRASI iC REFORMS IN STOCK MARKET Brokers May Be Prohibited from Trading for Selves and Customers PRACTICE WIDESPREAD Questionnaires, to AU Members of Stoek Exchange Reveal Customs of Traders, Investigator l’ecora Says Washington, Dec. 23. —(AP) —Legis- lation to require drastic reform in stock exchange procedure was pre dicted today by Ferdinand Pecora, counsel for the Senate Banking Com mittee, as a result of data now being collected on market operations. One change he forecast win be a prohibition against brokers trading for themselves and for customers and a requirement that they confine their operations to one kind of trading or the other. He said data being collected by the committee from questionnaires to all members of the l stock exchange showered t lie practice of brokers tiading for themselves and others at the same time was widespread. Meanwwhile. committee, members said they believed Congress would seek to regulate or prohibit group banking as the result of disclosures this week in, Michigan banking. Insull Appeals Order of Greece To Leave Nation Athens, Greece, Dec. 23 (AP) Samuel Insull, former American utilities operator, today filed an appeal with the supreme state council against the government’s decision that he must leave Greece by January 31. Insuil was served Thursday with notice that the government would make no further extension of his police residence permit already extended by a previous order from the original expiration date, De cember 31. with a shock of touseld hair almost touching his knees, he seemed already dead. If the others defended their lives heroically ibefore the meticulous court, the young Hollander gave his up bravely. Hated by communists and despised by Nazi, no one except his official counsel and his mother, in far away Leyden had a good word for him. But if Van der Lubbe received no favors, he asked for none. He did not shrink from bearing the Iburden of a crime that was hailed by govern ment leaders as having made Ger many safe for Naziism —and he never betrayed his accomplices, if any. Throughout the trial Van der Lubbe insisted that he set the fire alone and unaided. ONLY DAILY NEWSPAPE WHERE INFANT JESUS RESTED ON FIRST CHRISTMAS --v-iyy,- M This photo shows the interior of the ancient Basilica of the Nativ ity in Bethlehem, looking through the transept toward the Greek CWA s Weekly Payroll Is $3,67L50f INiew Peak 410 Men Share in Distribution from Local Office For Day; Employed Lists Now Nearer Quota Assigned for This County Under Federal Program It was Merry Christmas today for 4JO men on the local Civil Works Ad ministration’s payroll when the lar gest distribution of any week since the program of the Federal adminis tration v/as started'was passed out in checks in pay for work done during the past week. The total of the dis bursements was $3,671.50, represent ing an average of only a few cents under $9 for each participant. Thanks to the Roosevelt work pro jelt program, these 410 men have some ready cash with which to provide in a modest way for themselves and their families at this Christmas time. Bach week of the five or six since the plan went into operation in this county the payroll has been larger than the previous week. Today’s dis- $30,000 Is Sought Os Rosen w aid Rich Mail 0 r d e r Merchant Threat ened on Refusal; Arrest One Man Philadelphia, Dec. 23 (AP)-—Less ing J. Rosenwald, millionaire chair man of the board of Sears, Roebuck & Company, said today he had been threatened by a man who demanded $30,000. It was the second extortion plot against the wealthy philanthro pist in recent months. Police detained a man for ques tioning in the case, but declined to give any details.; At his home, after a conference at city hall, with detectives, Rosenwald said today he received a letter de manding the money about ten days ago. “It was demanded money and threat ened me if I refused to deliver it" Rosenwald added. “He (the writer) told. me. to leave it at Olney avenue and American streets, where this fellow was ar rested.” R PUBLISHED IN THIS SECTION OF" NORTH CAROLINA AND VlfwiNlA. HENDERSON. N. C. SATURDAY AFTERNOON, DECEMBER 2;>, 1103 Darin iiltspatrh sanctuary. The shaft of light falling diagonally across the cen ter of the picture strikes the floor at the entrance of the sacred tribution to 110 represented an ap proach to the allotment for this coun ty in the CWA projects scheme. A number of projects for which work has bee n allott ed have not yet gotten under way, and when they are started, the. more than 500 joibs provided will have been utilized and the relief roll will be clear of outright contributions Mrs. W. B. Waddill, who is doing seveiai jobs in the relief program, Is director of the Civil Works Adminis tration program in this county. She is also relief administrator and is wel fare superintendent for the county, and is handling the whole program from beginning to end, with the assis tance of an organization that has been built up for efficiency and ability to carry on. Americans Ouizzed in Spy Probe F rench Court Begins ! nvestigation of Evi dence Obtained In Recent Raids Paris. Dec. 23.—(AP)—The first stage of a French court investigation into the activities of what French po lice claim to be an international spy ring began today as Magistrate Benon eamined Rolbert Gordon Switz, 29- year-old American. Switz, looking extremely young, de spite a three days growth of beard, was taken to the judge’s chambers by two gendarnes. His 22-year-old wife, the former Margery Tilley, of New York, arrived in a patrol wagon from the women’s prison, where she has been held for the past few days. Switz’s examination began at 2 p. m. Mrs. Switz was to be examined later, separate from her husband, aft er which they were to be confronted with each other before the judge. The legal coonsel for alb the ten suspects under arrest were present as the examining magistrate began his work. Switz, who denied all connection with the alleged espionage, recounted to the megistrate his visit to France, He said he had made five trips here. Grotto of the Nativity itself. Within the Grotto is a marble covered recess which marks the place Jesus rested. American Parley Adjourns Tuesday M>> nt evFdf#*, Uruguay, Dec. 23. DM’)—The leaders of the seventh Fan-American Conference, which has been in session since Decem ber 4, agreed today to adjourn the parley December 26. As Many as 50 May Be Ap proved by President Roose velt by Night SENT TO WHITE HOUSE Many of Biggest Groupings of Na tion's Industry Included, News papers and Printing Bus iness Among Them Washington, Dec. 23. —(AP> —Pro- mulgation of many new codes—maybe 50— was looked for today by the NR A as it studied a labor brief charging that I lie Ford Motor Company chal lenges Federal authority by violating the collective bargaining guarantee of the recovery act. The more than two score codes were sent to the White House last night with NRA approval. President Roose velt's signature on many .and perhaps all, seemed likely before the holiday season. They covered many of the big gest groupings and some of the most controversial subjects, among them construction, the nation’s newspapers and all kinds of printing and pub lishing. RAY GOODRICH, JR., HAS BROKEN ARM Ray Goodrich, Jr., fell and broke his right arm just below the elbow Thursday afternoon while playing with another small boy at. his home, it was learned today. The youth was said to be getting along very nicely today. No Dispatch On Next Monday In accordance with custom of many years standing, the Daily Dispatch will issue no paper on Monday, Christmas day. The entire organization will take the full day off to rest and enjoy the holiday season. And to its friends and patrons in Henderson and everywhere, the en tire Dispatch organization wishes a Merry, Merry Christmas and a Happy and Prosperous New Year throughout all of 1934. PUBLISHED EVERY AFTERNOON EXCEPT SUNDAY. Government Pays $200,000,000 For South ’s Growers Bethlehem Waits Its Holy Night Bethlehem, Dee. 23 (AP) —An air of fervent expectancy—devo tion mingled with curiosity—grip ped today the pilgrims already here for Chrsitmas celebrations, which will begin at midnight Sun day. The intervening time is being spent by devout worshippers and mere sight-seers alike in visiting the traditional site of events con nected with the Nativity. It will be Christmas to all races and denominations here—Arabs and Jews manifesting the same outward interest as they pass through the streets of the Holy City, enriching the local and oth er traders by buying mementoes toes of the great annual commem oration. STATE TREASURER North Carolina Will Meet All Its Obligations Without Borrowing Dully lllN|i<it<’h In t»e Sir Walter Hotel M J <' axSKRIIVII i Raleigh, Deo. 23.—State Treasurer Charles M. Johnson is going to have the best Christmas he has had in sev eral years, since the State’s financial condition is such that it is going to be able to meet all its debt and in terest payments January 1, amounting to $6,103,842.50 .without having to bor row a single dollar, he said today. This is the first time in a good many years the State has been able to meet its heavy obligations due January 1 of each year, without having had to bonow to pay them. And for the past two years it i 3 known that Treasurer Johnson has spent some sleepless nights wondering where he was going to be able to borrow the money need ed with which to make these pay ments. But that is not the case this year. “The financial condition of the State is a source of real gratification to me at this time,” Johnson said to day. “We now unquestionably have a balanced budget and State bonds arc selling on the market at higher prices than since the depression covered the country. A year ago we were paying six per cent interest on our temporary borrowings, (but this has since been cut to 4 1-2 per cent, thereby effecting great savings to the State. This year for the first time in many years, we have hot borrowed any money during the fiscal year. We paid all State em ployes in full .including school teach ers, before Christmas and have met all our debt service obligations prompt iy. “From the viewpoint of the Trea sury, the State is in fine financial condition. I am reducing the State debt by $3,008,000 the first of January and in addition paying $3,095,842.50 in interest, making a total of $6,103,842.- 50 that will be paid on principal and interest then, as well as all the other obligations referred to—and without borrowing any money.” Treasurer Johnson says he expects to enjoy the quail hunting down in his home county of Pender this Christ I mas more than ever before. Mrs. Roosevelt Helps To Distribute Gifts Washington, Dec. 23. —(AP) —Hold- ing the hands "of - small7~blue-coated “Sistie” Dali on one side, and small blue coated ‘“Buzzie” Dali on the other, Mrs. Franklin D. Roosevelt to day was leading lady of the Central Union Mission Christmas theatre party. To 1,500 poor children of the capital there to receive 1,500 grey cretone bags filled with gifts, the President’s wife said: 8 PAGES TODAY five cents copy Farmers Who Have Shared in Production Adjustment Campaign Have Been We!! Paid AMOUNTS EXCLUSIVE OF HIGHER PRICES Government Loans and Ad vances Also Not Included; Tobacco and Cotton Have Benefited Largely in Dis tribution of Huge Govern ment bums Washington, Dec. 23. (AP)—Cotton mid tobacco farmers havp realized ap proximately $200,000,000 in cash pay ments this year for sharing in the farm Administration’s production ad justment campaign. The administration, in listing today the $800,000,000 cash its program has added to the farm income said cot ton producers would receive a total of $159 055,843, and tolbacco growers $36,915,000 in benefit payments. These amounts, the administration said, are in addition to any increases brought about by higher prices, mar keting agreements, fixing minimum prices or government loan i and ad vances on farm commodities. For plowing up 10,399,331 acres of growing cotton, farmers in the south and west were, paid $111,‘*23,243. Ad vances on options given those who did not accept the straight payment bene fit. plan are expected to total $47,- 632,300. Those options now are being distributed. Growers of five types of tobacco arc signing agreements to reduce their production next season, benefit pay ments to them are estimated at be tween $30,000,000 and $40,000,000. Flue cured tobacco growers will re ceive (benefit payments from 1934 re ductions of $17,000,000. An adjustment program proposed for hurley tobacco offers $15,000,000 in benefit payments. A reduction in flue-cured tobacco will pay $1,700,000 benefits. Dark air-cured tobacco growers would be paid $715,000 in benefits for reductions. Producers of cigar type tobacco were paid approximately $2,500,000 for reducing their 1933 crop. The agree ment may be renewed for 1934 and 1935. Cash payment of $2,832,555 went to North Carolina farmers for reducing their cotton acreage, and a total of $2,092,180 is available on options. Bank of Halifax Opens Branch at Weldon Tuesday Raleigh, Dec. 23.—(AP)—The bank of Halifax today was authorized to open a branch Tuesday at Weldon. “Now, that’s a bank for you,’’ Com missioner of Banks Gurney Hood commented in making the announce ment. “That bank has home offices in a t.'wn of 321 people. It has a branch at Scotland Neck already. It has totl. re*tDices of between $700,000 and 3800, 000 and deposits of more than $600,* 000. WU S HER Partly cloudy, slightly warmer in extreme west portion today; Sunday partly cloudy and warm er, possibly followed by rain in the extreme northwest portion. “I wish you a very happy Christ mas, and a happier New Year,,, A red-coated Santa introduced Sistie and Buzzie as the grandcnildren of the President to the theatre full of ap plauding boys and girls. Mrs. Roose velt helped hand out the first gift bags. For 17 years the Central Union Mission has had its Christmas thearte party, and it has become a tradition for the first lady of the land to par ticipate. mimm
Henderson Daily Dispatch (Henderson, N.C.)
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Dec. 23, 1933, edition 1
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