Newspapers / Henderson Daily Dispatch (Henderson, … / May 12, 1939, edition 1 / Page 1
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HENDERSON’S POPULATION 13,873 IWENTY-SIXTH YEAR BRITAIN BRINGS TURKEY INTO PEACE RING New Coal Including Whole Group Must Pledge Its Support Afternoon Session of All Negotiators Ex- j pected To Rea chj Terms That Will End Soft Coal Strike, Long in Progress New York, May 12.—(AP)—W. L. Robison, of Cleveland, chairman of the joint bituminous negotiations committee, announced shortly before noon today the conferees had agreed on a new contract between the Unit ed Aline Workers of America (CIO) and the operators of the Appalachian eight-state area. It includes the “union shop.” Robison's announcement as he < < rged from the meeting of the sub-committee which reached the agreement included no mention of the “union shop”. As he was talk ing to reporters, however, Dr. John Steelman, conciliator of the Federal Labor Department, broke in to say the chief of the demands made by John Lewis, CIO chieftain and presi dent of the United Mine Workers of America, had been agreed to. It was not indicated immediately how many operators in the Ap palachian conference, which covers eight states, would go along with the agreement. The union shop means that all new employees must join the union with in a specified time, although old em ployees who are not union are not required to become union rUtembers. This differs from the ‘‘closed shops” demanded by the United Mine Work res. in that all employees must joirf the union under a “closed shop” agreement. Robison made no comment when Steelman asserted the “union shop” clause was agreed upon. The text of Robison’s statement follows: "The joint sub-committee has com pleted its consideration of the sub ject matter to go into a new Ap palachian contract, and has appoint ed a drafting committee to edit such a new document. This drafting com mittee will promptly complete its rk and report back to the joint -'.ib-committee'at 12:30 p. m. today. H e general Appalachian conference called to meet at 2.Hu, at wmen ’Lie the report of this joint sub-com mittee will be made to it for such ac hon as it may care to take thereon.” i Nicaragua’s Chief Knots Traffic Line B.v CHARLES P. STEWART Central Press Columnist Washington. May 12.—Draw a deadline right through the middle of any busy city, with a population as large as about half -a , million abolish all traffic along that main street for two or 1 three hours and i permit nobody to cross it for the i same length of j time —and, believe me, automobileism j and pedestrianism and everything are ! bound to be a sight to behold when “n or mal cy” re sumes its sway. Washington had such an experience President Somoza the other day. To be sure, Washington, if any i ‘ " o, j.s accustomed to tie-ups of just hie or" referred to. Every four years : has a presidential inaugural pa r; 'le through its business midst,, iiich gur.it up its works marvel •"o ly. However, the citizenry is pre -1 *d, long in advance, for these pe n,,fiie sieges. Ii knows what’s com -1 '> Business virtually suspends it :,('h. Commercially the place is as as a herring, but it expects to '" Moreover, the capital’s inaugural visitations have their recompenses. Biey bring in crowds of visitors, who ; . ir( ' a pest to local house folk, tour l: t agencies, taxicabmen and various others. Between inaugurations the town (Continued on Page Three) 4K(T IC PERRY MEMORIAL|j|gAki Stsfidfeh L^?,^vsX;^,.?f«v ! c Ss o P Contract Agreed On Union Shop Clause Pershing Visits the Capital -rcy-x < -x ?&||| SSL iSbSbBBL'- ’* " m k*' mm 'xmm f* jßw w&m Ik *V ®I t ' " General John J. Pershing (center), war-time commander of the American Expeditionary Force in France, arrives in Washington for a visit, after wintering at Tucson, Ariz. With him are his physician, Dr. Roland Davi son (left) and his secretary, Colonel G. E. Adams. The general still shows the ravages of the illness that almost claimed his life last year. (Central Press) America’s ‘Softness’ Is Menace To Her Freedom Babson Asks Will God or Fascism Win in United States; Says Investor Is Forgotten Man of 1939; Stockholders Squeezed All Around By ROGER W. BABSON Copyright 1939, Publishers Financial. Bureau, Inc. Babson Park, Mass., May 12. Who is the “forgotten man” of 1939? We heard a lot about the “forgotten man” a few years back. In the politi cal campaign ol 1932, he was the aver age little fellow. But who is he today? The wage worker is getting better hourly pay now than in 1929. The executive is still getting a high' sal ary. The labor leader is sittihg pret tier than ever. The politician is hav ing a hey-duy. Even the former is getting his benefit payments. Who, then, is the “forgotten man”? He is the stockholder, who is the heal em ployer. Stockholder Squeezed In the hundreds of new laws that have been passed since 1932, in the thousands of speeches that have crowded the air-waves, in the mil lions of editorial that have been writ ten, and in the billions of dollars of taxpayers’ money that have been spent, the stockholder has been for gotten. (The S. E. C. was put in primarily to protect new investors rather than existing stockholders.) For five years the investor has been squeezed by a powerful combina tion of high-salaried executives, power-mad labor leaders, and vote crazy politicians. Everybody has been paid off except the man who invested the money to give the jobs, to create the .positions, and to pay the taxes. Some readers have severely critiz ed me for my recent statement on farm prices. I said that eggs would sell at $2 per dozen, milk at 60 cents per quart, and beefsteak at $3 per pound if farm labor were paid as much as building tradesmen receive. My critics say that it is not just the high price of non-farm labor that gives us our poorly balanced econo my. They are right. The high cost of politics and the dishonesty of racke teers are also to blame. Os our na tion’s income of $65,000,000,000 last last year, about $15,000,000,000,000 went for the cost and losses due to crime. Stockholders Take the Licking High evecutive salaries are un doubtedly justified. It takes brains, courage and training to run a big enterprise. But what I object to is ONLY DAILY NEWSPAPER that many executives do not take the licking with their stockholders. The whole brunt of the blow falls on the investors when the dividend is pas sed. Out of 1,237 stocks listed on the New York Stock Exchange, only about a third are paying any divi dends, while 35 per cent of the coun try’s railroad mileage is not even meeting the interest on its mortgages. Banks are paying two per cent on (Continued on Page Three) Frost, Hail, Cold Damage State Crops Raleigh, May 12.—(AP) —Frost and hail last month reduced North Carolina’s peach crop prospects by 19 percent and left an indicated crop of 41 percent of normal, the State Department of Agriculture re ported today. “The late winter freeze did heavy damages, but fortunately left the remaining fruit well distributed on trees,” a federal-state crop survey said. “Freezes, hail storms and low temperatures since April 1 also dam aged the fruit appreciably.” Mountain counties reported al most a complete failure and spotted low estimates were made by peach gj owers throughout the Piedmont and eastern sections of the State. Crop conditions generally, in the State are not so favorable as last year, W. H. Rhodes, chief of the de partment’s statistics division, said. Other crops reported included: Early potatoes, the condition was 80 percent of normal on May. 1, which was an improvement of ten per cent over April 1, but six percent below May, 1938 The total North Carolina peach production this year is estimated at 1,395,000 bushels, compared with 2 ; 232,000 last year. HENDERSON, N. C., FRIDAY AFTERNOON, MAY 12,1939 IjJsiaihfDi FOR NORTH CAROLINA Mostly cloudy tonight and Saturday; slightly cooler tonight. : PUBLISHED IN THIS SECTION OF NORTH CAROLINA AND VIRGINM. * " Hcey Thinks State Taxes High Enough Tells Bankers Spend ing Should Not Be In creased Except A s Present Tax Struc ture Yields More Money; System Sound By Staff Correspondent. Pinehurst, May 12. Governor Clyde R. Hoey this ' morning told North Carolina bankers that the pub lic is being taxed enough and it would not bo advisable.for State to increase its appropriations beyond the amount to be realized under present revenue laws. “I took the definite position before the recent General Assembly that taxes should not be increased,” he said. “I still adhere to that view”. Provision has been made for a tax research division in the Revenue De partment with a view to studying the tax structure of different states and our own, with a view to removing any discriminations, revising any schedules found necessary in a just administration of our tax laws, and ascertaining if any legitimate sources of taxation have not been reached. The whole idea underlying this work is to perfect our tax system and do justice to every class and interest.” The governor lauded the 1939 leg islature for reducing some taxes and making helpful adjustments in oth ers. He px-aised, particularly, the de parture from precedent made when the Assembly adopted a permanent revenue bill. This, he said, “will stabilize our whole tax structure.” Throughout his entire speech the governor showed that he is satisfied with North Carolina’s present systenl of taxation and does not favor any radical changes or departures, only minor adjustments, at the most. He expressed the opinion that un der a policy of this sort the natural increase in revenue resulting from better business should be sufficient to provide for a healthy growth in schools, health, institutions and pub lic welfare. Comptroller Office Upheld By Delano Pinehurst, May 12.—(AP)—Pres ton Delano, comptroller of the cur rency, said here today a proposal to abolish his office and devolve its duty on other agencies would accom plish no economy or simplification of administration. He spoke before the 43rd annual convention of the North Carolina Bankers Association. Delano, pointing out that the comptroller’s office was the oldest supervising agency in the federal government, said its extinction “would be a distinct blow to the prestige of the national banks and might even imperil the existence of our dual banking system.” “In my judgment, it would be a backward step for this office and its staff not to be preserved in its pres ent form,” he added. Turning to the banking situation, Delano said he thought the ‘'asser tion that the banks are refusing legitimate credit to industry are the result of confusion of mind as to the true nature of the banking function.” Meanwhile, expressing unqualified opposition to any increase in State taxes, Governor Hoey told the bank ex’s existing levies “should ho suf ficient to provide for a healthy growth in schools, health institutions and public welfare.” The governor said revenues from present taxes would increase as the State grows and develops. W. W. Woolai’d, of Gi'eenville, will be installed today as the new presi dent. By custom, R. P. Holding, of Smithfield, will enter the line of suc cession as third vice-president after Ben R. Roberts, of Durham, and R. C. Llewellyn, of Mount Airy, each advance a notch in the vice-»presi dential list. President Woolard announced ap pointment of the following standing committeemen, among others: Agriculture, Jasper L. Cummings, Rocky Mount; finance, B. R. Roberts, Durham; legislative, WoolarJ; pub lications, C. A. Kramer, Kinston. W. B. KIKER NAMED ROTARY GOVERNOR High Point, May 12.—(AP)—W. B. Kiker, of Reidsville, was nominated for district governor ot district 189 of Rotary International at the an nual conference of the district here today. Kiker will succeed Irvin Morgan, Jr., of Farmyille. R. S. V. P—for Lucky 1,300 <ak> Avw* feht, JDec /<• ft jtZfAx/ny //<■ 1 /'/%'/ ,S »P hot °Sraphic reproduction of the formal invitation sent to 1,300 wUI h?A m C ?Tu ma^ d .°. f their ma j esties ” to attend the garden party that will be held at the British Embassy in Washington for King George and Queen Elizabeth of England. (Central Press) Record Farm Bill Passes Senate By Heavy Margin Lindbergh Ends Charlotte Visit Charlotte, May 12. (AP) Colonel Charles A. Lindbergh took off at daylight today in an army pursuit plane for an un announced destination. Colonel Lindbergh, who has been inspecting army air facili ties on the west coast spent the night here. He arrived here from Maxwell Field, Alabama. 36 Survivors Rescued From Ships’ Crash Yarmouth, Nova Scotia, May 12.—(Canadian Press) —All 48 men aboard the New England fishing schooners Isabelle Parker and Edith C. Rose, which found ered early Wednesday after col liding in a dense fog, were be lieved accounted for at noon to day. One of the number was dead. Yarmouth, Nova Scotia, May 12. (Canadian Press) Twenty-seven fishermen from the schooners Edith C. Rose and Isabelle Parker, were landed here today, bringing to 36 the number of known survivors of the collision between the two ves sels. Eleven seamen still were missing as a result of the collision of the New England fishing vessels early Wed nesday morning in a heavy fog 100 miles at sea, midway between Yar mouth and Boston. One man was known dead. Telephone messages from the vil lages of Westport and Freeport said the 27 had been landed there after three fishermen found them in open dories early today. Whitney Derby, Wallace Titus and Herman Cann found the new group of survivors 20 miles west of Briar island. Details were not given in the .brief messages reporting that the 27 had landed and were starting imme diately on the 30-mile trip to Yar mouth. A gasoline boat previously had picked up nine fishermfen near ex haustion after rowing 80 miles in dories. The survivors were found as a fleet of rescue boats and planes searched the chill waters off the Nova Scotia coast. Both the Isabelle Parker, a Boston schooner, and the Edith ’C. Rose, of Gloucester, sank quickly wnen they collided in the dense fog. TWO ESCAPES AND TWO CAPTURES MADE Raleigh, May 12.—(AP) The State broke even today in its ledger of escapes and recaptures of prison ers. Oscar Pitts, penal superintendent, reported two escapes and two recap tures, the latter including: Rudolph May, 30, who escaped from the Nash camp last August, was returned her from Baltimore, Md. He was sentenced in Edge combe to 90 days for assault with a deadly weapon HOEY NAMES MAYOR IN TOWN PEMBROKE Raleigh, May 12.—(AP)—Gover nor Hoey today appointed George E. Bracy as mayor of the town of Pem broke for a term expiring May 1, 1940. As authorized by law, the gov ernor also named four commission ers of the town. They are: B. F. Cole, E. B. Daniel, Ira Pate Lowry and Lacy Maynor. PUBLISHED EVERY AFTERNOON EXCEPT SUNDAY. $1,218,000,000 Voted for Coming Year; Ap proves Roosevelt Sec ond Reorganization Bill; FDR To Visit Mc- Intyre in Asheville Washington, May 12.—(AP) — A record of $1,218,000,000 farm appro priation bill passed the Senate to day. The vote on final passage was announced by Senator Hatch, Dem ocrat, New Mexico, presiding, as 61 to 14. Earlier the Senate defeated 42 to 28 the motion to send the bill back to its appropriations commit tee for reduction. The bulky annual agriculture measure now goes back to the House for consideration of more than $338,- 000,000 in increases. The Senate failed to decrease a single item previously inserted by the House, but inserted or increas ed more than 100 items. Most of the funds will be used to improve farm income and prices, either through direct benefit payments to farmers or government programs to remove farm surpluses. The Senate approved $225,000,000 for parity payments to farmers in addition to $500,000,000 for soil con servation checks. It also added $113,- 000,000 for removal of farm sur pluses. Other developments: The Senate approved President Roosevelt’s second government re organization plan. The plan regroups a score of government agencies and abolishes the Bituminous Coal Com mission, placing its functions under the Interior Department. The pro gram now will go into effect at the end of 63 days. President Roosevelt said he would favor repeal of the undistributed profits tax, provided some other method was found to prevent what he called legal tax evasion by the wealthy. In a long discussion of taxes at a press conference, the President emphasized again his contention that in place of any corporation levies repealed, there would have to be found substitute taxes to bring in the same amount of revenue. Mr. Roosevelt said those who have been clamoring for removal of deter rents to business in the tax struc ture have failed to point out how to raise the revenue that would be lost. The President said he had select ed Admiral William Leahy, retir ing naval chief of operations, to be (Continued on Page Five) Japanese Seize Foreign Settlement Around Amoy; Shanghai Is Threatened Shanghai, • May 12.—(AP)—Jap anese forces occupied today the in ternational settlement of Kulangsu at Amoy, and a Japanese spokesman warned that “similar action” might be necessary respecting the interna tional areas at Shanghai. Kulangsu is an island in the har bor of Amoy, a province port 600 miles southwest of Shanghai which the Japanese occupied several months ago. The international set tlement. one and a half square miles, with a normal foreign population of 250, is administered by a council in which Americans participate. Domei, the Japanese news agency, said the occupation followed the wounding of a Chinese while the Japanese naval commander was in 8 PAGES TODAY FIVE CENTS COP Aid Pledged Each Other In Sea Area Aggression Leading to War in Mediterran ean Region Would Bring Both Into Ac tion; Chamberlain Ad vises Commons of New Accord London, May 12. (AP) Great Britain added strategic Turkey to her European secur ity line-up today as the two governments pledged aid to each other, “in event of an act of aggression leading to war in the Mediterranean area.” The pledges were announced in the House of Commons by Prime Minister Chamberlain pending conclusion of a “defi nite, long-term agreement of reciprocal character in the in terest of their national secur ity.” Asked whether an “act of aggres sion leading to war in the Mediter ranean” meant an act of aggression anywhere or only in the Mediter ranean, the prime minister side-step ' ped with the answer: “It means an act of aggression which leads to war in the Mediter ranean area.” Pending completion of the defi nite agreement, the prime minister said, “the British goverpment and the Turkish government declare that ia the event of an act of aggression leading to war in the Mediterranean area, they would be prepared to cooperate effectively and lend each other all aid and assistance in their power.” Chamberlain made it clear that the two countries had agreed to con clude the “definite, long-term agree ment,” but.indicated its details had not been fully worked out. The an nouncement meant that Britain had forged another link in her chain of European security arrangements, the Turkish agreement supplement ing British-French pledges of sup port already given to Poland, Rou (Continued on Page Three) Daladier Is Given Vote Os Confidence Paris, May 12.—(AP) —The Cham ber of Deputies tonight voted con fidence in the foreign and domestic policies of Premier Daladier. The of ficial count was 375 to 230. The vote came after the premier, in a dramatic speech, insisted that France’s present strong foreign pol icy of opposition to the authoritar ian states would have been impos sible without his domestic policy of “putting France back to work.” Daladier’s victory ended a two-day foreign affairs debate set off yester day when the premier declared France would continue building al liances and increasing her armed forces as long as her neighbors main tained “massive mobilizations.” the vicinity. The Japanese asserted this endangered the commander, en titling them to exercise the right of self-defense. At present there are seven Amer icans on Kulangsu, one of whom is a member of the council. Domei asserted that while the Jap anese naval commander in the Amoy area was in the Kulangsu settlement yesterday, unidentified persons shot and wounded Hung Li-Hui, president cf the Amoy Chamber of Commerce. Dispatches reported that a few hours later, without warning to the settlement’s authority or any for eign authorities, Japanese naval forces moved into the settlement on the grounds that the council had fail ed to take active steps to capture the assailant.
Henderson Daily Dispatch (Henderson, N.C.)
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May 12, 1939, edition 1
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