Newspapers / Henderson Daily Dispatch (Henderson, … / Jan. 26, 1934, edition 1 / Page 1
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HENDERSON GATEWAY TO CENTRAL CAROLINA TWENTY-FIRST YEAR DEBATE RAGES IN SENATE ON MONEY BILL Roosevelt Favors Prohibitive Tax For Control Os Cotton Surhlu c PRESIDENT READY FOR SWITCH FROM PRODUCTION PUN Makes Change of Mind When Told Voluntary Re duction Plan Threat en* to Fail MAY APPLY PLANS TO WHEAT CONTROL Senator Bankhead and Rep. resentative Bankhead, Brothers of Alabama, Press Issue Before President; Farmers To Be Questioned As to Preference Wiuhington, Jan. 26. (AP)- Presi dci’t Roosevelt was said by Alabama members of Congress today to be ready for a switch to compulsory control of cotton production to a pro hibitive tax on surpluses. The President was said to have made his decision when told that the voluntary reduction plan threatened b break down. Senator John H. Bank head, Democrat, Alabama, who al eady has introduced a measure to movide rigid control, said senators and iepresentatlves from the Middle We-'* were studying the possibilities <>t applying the same plan to wheat. The senator and his brother, Re presentative Bankhead, Democrat, Alabama, called at the White House yesterday and told President Roose velt that intensive cultivation and non-cocperating farmers would defeat I ilie voluntary reduction program to regulate the cotton market and raise returns to farmers. Encouraged by the talk with the Pi esident, the brothers laid plans to day to press for immediate action on compulsory control legislation which would affect this year's crop. Meanwhile. Secretary Wallace con tinued preparation of a questionnaire which will be sent to 32,000 farmers in every county of the cotton holt to determine their attitude on baleage lather than acreaage control. Wallace has stated he will support the legislation if the southern farm ers show they want it. Senator Bankhead said today the President gave the impression that he was convinced the farmers want ed the rigid plan. Under the surplus tax plan each (Continues on Page Six» Total 629 Mortgages Taken Up Home Owners Cor poration Has Re lieve d $1,886,621 Claims in State Salisbury, Jan. 26. — (AJP)—Alan S. O’Neal, State manager of the Home Owners’ l/ian Corporation, today announced that mortgages totalling $258,848.05 on 77 homes were taken up by the Corporation during the week ending January 18. This brought the total number •»f mortgages taken over by the cor poration, he said, to 629, and the amount paid out In cash and bonds to *1,886,621.16. U. S. Balance Os Trade Has Big Monthly Raise Washington, Jan. 26. —(AP) — An <>Uh‘» large export gain in December vv hs shown by Department of Ct«n nn-ree figures today to have given the United States a favorable trade bal •'nce of $59,000,000 in that month, and a favorable balance for the year 1933 "f $226,000,000. Both export and imports increased in volume during December. Exporta amounted to $192,000,000, compared with $184,000,000 in November, while December imports totalled $133,000,000 'ornpared with $128,000,000 in Novem ber. Exports in 1933 were valued at sl,- MctiJiersnn WIRE SERVICE OF lI£E ASSOCIATED PRESS. Ex-Kaiser to Spend 75th Birthday in Exile ——~ : ’ Wilhelm and Princess Hermin* The estate at Doom UermanS r 2?ll of 4S? i , r^ p f r j al p( ? mp he has maintained in exile, former Kaiser Wilhelm of from the Pin v lft * 6 h r <s f h b,rt I J lt,a y* January 27, at his estate in Doom, Holland. Though removed - ,U \ e *Vr ' ays * former emperor and his wife, Princess Hermine, simulate the “old ft.vo m Lneir establishment. His sons and their families and a few relatives will join them. Attorneys Get $85,737 For Bank Liquidations During Fast Half Year During That Period $6,916,- 317 Was Collected On Assets of The Closed Banks FIGURES ARE GIVEN IN REPORT BY HOOD During Seven-Year Period Beginning in 1927, Attor neys in Bank Settlements Have Been Paid $311,078, Nearly $2,000 Per Bank; Auditors, $182,072 Raleigh, Jan. 26.—(AP) —Gurney P. Hood, State bank commissioner, today reported that between June, 1933, and the first of this year attorneys in Ibank liquidations in North Carolina were paid $85,737.69. while $6,916,318.- 63 was being collected on assets of the closed banks. Hood filed his report with the sec retary of state as required by a 1933 law. In a statement explaining the re port, the commissioner pointed out. that 157 banks have tbeen placed in liquidation in the State since the li quidation law was passed in 1927. A total of $26,183,811.29 has been col (Cor tinned on Page Five.) L Whole Cabinet In France May Resign Almost. Any Time Purls, Jan. 26 (APl—The re signation of the entire French cabinet was reported imminent in the lobby of the Chamber of Deputies after Eugene Raynaldy, minister of justice, quit the gov ernment because of the Bayonne Pawn Shop scandal. 675,000, compared with $1,611,000,000 in 1932. Export prices averaged slight ly higher than in 1932, and the vol ume of shipments also was slightly larger. Imports in 1933 were valued at sl,- 449,000,000 compared with $1,322,000,- 000 in 1932, a gain of 9.6 percent. Im port prices averaged approximately the same as In 1932, while the quantity of goods received from abroad increas ed about ten percent. Despite the increases in 1933 exports over 1932, the 1933 favorable trade balance was smaller than in 1932, ow ing to the large increase in imports. ONLY DAILY NEWSPAPER $66,548 Approved In Vance by CWA Raleigh, Jan. 26.—(AP)—Another group of civil works projects, pri marily to provide jobs for some 10,- 000 persons who were promised placements before curtailment oi work started ten days ago, was ap proved today by Mrs. Thomas ■O’Berry, civil administra tor for the State, including: Vance county: Construction of 2,400 sanitary privies, with 213 men given jobs estimated payroll of $37,610.80 and total estimated cost $66,548.30. I l To Furnish 2,837 Jobs With Payroll of $385,794; None I»m Vance Daily Dispatch tlurenn. In the Sir Walter Hotel. BY J. C. BASKERVIIjIj. Raleigh, Jan. 26—-Some 63 new CWA projects to provide employment for 2,837 additional persons at a to tal payroll of $285,794 have just been approved by Mrs. Thomas O’Berry, State CWA administrator. These projects are replacements projects in most cases, to provide additional em ployment for those that will com plete other CWA projects before these new ones are started. For under pre sent regulations from Washington, new projects are being confined as nearly as possible to replacement pro jects. Some of these projects just approv ed by Mrs. O’Beiry are as follows: Alamance county; Drainage work on Kimesville-Alamance road, 2 men, $l9O payroll, $390 total cost. Cumberland county: repair old pri vies and build 5,000 new sanitary pit -privies, employing 217 men, $37,568 payroll, $70,081 total cost. Guilford county: Water line exten sion, 40 men, $2,182 payroll. Henderson county: Improve road to Corbin mountain, 81 men, $10,084 payroll. Lenoir county: Supplemental grant to CWA building, 6 men, $303 payroll. Mecklenburg county: Clearing and ditching small stream near Hunters- WEATHER FOR NORTH CAROLINA. Mostly cloudy tonight and Sat urday; possibly light rain in ex treme southeast portion Saturday; somewhat colder tonight. PUBLISHED IN THIS HENDERSON, N. C. FRIDAY AFTERNOON, JANUARY 26, 1934 Hailu Htsmitrh SCHOOL SITUATION SUPPLEMENTS EAIL jr Close-Fistedness of School Authorities Over How Money Is Used Is Pointed Out SALARY SCHEDULES DENIED TO PAPERS Public Is Thus Kept In Dark as to How Supplements Voted Are 3eing Spent; No Law Justifying Secrecy, State School Officials As sert Dntly Dispatch Bureau. In the Sir Walter Hotel. BY J. C. BASKERVILIi. Raleigh, Jan. 26.—The present sit uation in Durham, where the city school board has so far refused to make public, either to the school teachers or the taxpayers, how the SIOO,OOO supplement which the city voted for its school system is being distributed, and causing growing dis satisfaction among both groups, is being cited here as an outstanding example of why so few cities and towns in the State voted to 'supple ment the State school term budget. “The taxpayers have felt for sev eral years that much of the revenue from supplemental school taxes have not been used as th<w school people claimed and that the rank and file of the school teachers were getting little or no benefit from these supple ments,” a State official who is closely associated with the entire public school problem in the State said to day. “They also feel that where sup plements have been voted, too large a portion of the additional funds so provided have gone to increase the salaries of superintendents and prin (Continued on Page Three * Gas Sales For State Stay High Dully Dispatch Bureau, ]n the Sir Walter Hotel. BT J. C. BASKERVIIiIj. Raeligh, Jan. 26.—There has been no loss in revenue from the gasoline tax as a result of the number of auto mobiles that have not been in opera tion since January 1 because of the inability of the owners to purchase 1934 licenses, if the statements of the various gasoline companies are to be believed, according to Director L. S. Harris ,of the motor vehicle bureau of the Department of Revenue. Ex perience has showed that those auto mobile owners who do not have (Continued on Page six.) SECTION OF NORTH CAROLINA AND VIRGINIA. Billion Dollars Credit Half Billion Dollar 21-2 Per cent Issue Over Subscrib ed Nearly Seven Times TOTAL bTdSABOUT 5 BILLION DOLLARS SIO,OOO Subscriptions Are Allotted in Full on Certifi cates and Other Subscrip tions 38 Percent; Further Details Await the Final Reports Washington, Jan. 26. —(AP)—Secre- tary Morgenthau announced today the government’s billion dollar security is sue was over-subscribed nearly five times. The offering of $500,000,000 of Trea sury notes paying 2 1-2 percent at tracted .subscriptions of more than $3,- •415 000,000. The $500,000,000 of 1 1-2 percent certificates received offers of $1,355,000,000. The two Issues, representing the governments start oil a ten billion dollar borrowing program drew sub scriptions of more than $4,770,000,000, or nearly half the entire amount to be borrowed between now and June 30, Morgenthau said. He added that subscriptions on the note issue up to SIOO,OOO SIO,OOO were allotted in full, and all other sub scriptions allotted 14 percent, but not less than SIO,OOO on any one subscrip tion. Similarly SIO,OOO subscriptions were allotted in full on the certificates and all other subscriutions 38 percent. “Further details as to subscriptions and allotments will be announced when final reports are received from the Federal Reserve Banks,” Morgen thau said. Accused Slayer Frequent Caller Dead Man’s Home Goldsboro, Jan. 26 (AP) —Servants and neighbors testified in Wayne Su perior Court today that Rufus Sat terfield, middle aged married World War veteran, on trial for murder in the ambush slaying of Herbert Grice, an iron worker, was a frequent vis itor at the Grice home when the lat ter was away. The court room was packed, many standing about the walls, as taking of evidence in the trial began. Clifton Grice, 14-year-old nephew of the slain man, testified that on one occasion he went to the home of his uncle to get a sweater and found Sat terfield in the front room and Mrs. Grice upon his lap with her arms around his neck. As the taking of testimony began, the prosecution still kept secret what it planned to do in the case. Capital Attaches Some Sig nificance to Chamber of Commerce Talk Daily Dispatch Barra— In the Sir Walter Hotel. BY J. C. BASKEEVILL. Raleigh, Jan. 26. —Both business and political circles here are looking forward with keen interest to the address to be made here tonight by former Governor O. Max Gardner, al so former national committeeman from this State, but now practicing law in Washington, who will be the principal speaker at the 48th annual dinner of the Raleigh Chamber of Commerce. The subject of Mr. Gard ner’s address will be, “North Carolina and the New Deal,” and in it he is expected to interpret the policies of the Roosevelt administration in Wash ington as they effect North Carolina business and industry. The dinner is eing made a Statewide affair this year and etween 50 and 100 outstand ing usiness and industrial leaders from all sections of the State are ex pected attend. It is expected that etween 400 and 500 people will be present. The dinner will be held m (Continued on Page Three.) Offered By Government Is Over-Bid Five Times PUBLISHED EVERY AFTERNOON EXCEPT SUNDAY. NRA Post Protested Mite:. pi"-* ' .* /f' jMeHpiHjl WM SB£ JM BE r ■ ■ ■ JH& M i j& \ jHHHgI ■ Hi Ralph Pulitzer Appointment of Ralph Pulitzer, former publisher of the defunct New York World, as Deputy Ad ministrator of NRA in charge of newspaper code is protested by Newspaper Guild of New York which sent protest to President. (Central Press) mjayfleT GREECE UY PLANE Charters Hydroplane and May Go to Abyssinia; May Yet Get Stay Alliens, Greece, Jan. 26.—(AP)— Samuel Insult has chartered a hydro airplane and ordered it held ready for a flight to an unknown destina tion, it was rumored here today. With the circulation of this uncon formed report, it also was rumored that his destination, if such a flight were undertaken, possibly would be Abyssinia. The possibility that he might at tempt to make a, clandestine depar ture before the date of his scheduled explusion January 31 had been dis cussed earlier. It was stated officially, however, that that Inisull will Ibe permitted to remain in Greece until his health is satisfactory, provided he applies for a prolongation of his police residence permit and an official physician cer (Continued on Page Six.) Long and Overton Elections May Be Probed Very Soon Washington, Jan. 26.— (AP)— Chairman George, of the Senate Flections Committee, said today he believed some charges brought by Louisiana petitioners seeking the ouster of Senators Long and Overton of that State, would be investigated in hearings by the committee. The announcement was made after an executive meeting of the full committee, followed by a similar session of the sub-commit tee appointed by the full commit tee. Postal Deposits $78,017 Held By 172 People Here Washington, Jan. 26. —(AP) — The 32,885 North Carolinians who used the postal, savings system had $14,101,379 on deposit at the end of the last fiscal year, an increase of $3,800655 over the 1932 fiscal year. Postmaster General Farley, in making public these figures, re ported one or more depositors in each of the 150 North Carolina of fices which received postal sav 8 PAGES TODAY FIVE CENTS COPY Heated Argument Attract* Many Representatives from Other End of the Capitol BAILEY DEFENDER OF MONEY SCHEME Contradicts Condemnation by Republicans; Roosevelt Would Be Give'm Power To Raise Taxes on Foreigners; Treasury Bill Nears Favor, able Vote Washington, jan. 26.—(AP)— Bailey vs. Reed, for and against the Roose velt monetary strategy, stirred renew ed Senate dispute today to defer a vote on the 50 to 60 percent gold dollar bill. Unattracted by the methodical way in which the House was downing at tempts to alter the $820,000,000 Post Office-Treasury supply bill, prior tq passing it later in the day, numer ous representatives clustered on the Hm of the Senate chamber to follow the argument. News sped there that this country had recognied Salvador, and the ways and means committee of the House had approved more revisions in tax laws. But it was on the ringing words of Reed, Republican, of Pennsylvania, and others that attention dwelled, the angular Pennsylvania insisting “the plain people will suffer great hard ship under the Roosevelt dollar plan.” Senator Bailey, Democrat, North Carolina, contradicted Republican condmenation of the disputed money policy, terming it “self-defense” so far as foreign nations are concerned. A bare third of the senators were on hand, it being doubted that ballot taking would soon be started. House approval of the $820,000,000 Treasury-Post Office hill before the (Contrnued from Page Six.) Kidnapers Identified By Factor Points Out in Court Group Now on Trial For His Abduction and Ransom Chicago, Jan. 26. —(AP) —John Fac tor today identified Roger Touby and two co-defendants as the men who kidnaped him for ransom last July. His face trembling, Factor three times stepped down from the witness stand, walked dramatically across t,hc court room and pointed out Glfstad “Gloomy Gus” Schaeffer, Alfrori (Polly Nose) Kator, and finally Toifby The four defendants slouched d°wv in their chairs and all except Totfhy gaed at the floor. Touby looked squarp ly back in Factor’s face with a sheer. Factor said Touby was the who stood before him, partly shield ing himself with a blanket, and con*- manded him to write a letter V> be used in making ransom e said he saw Kator, “the only kid naper who was kind to me,” as he was changing the bandages of hi* eyes the first night of his captivity. Schaeffer, Factor said, was one the squad of four men who actually took him prisoner. ings except those at Fairmont and Portsmouth. The Newland office had only one depositor, whose account totalled SBS. Greensboro had the largest number of depositors, 3,269, but Asheville had the largest amount of deposits, $1,440,133. Henderson had 172 depositors and $78,017 deposits on last Juno 30.
Henderson Daily Dispatch (Henderson, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Jan. 26, 1934, edition 1
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