North Carolina Newspapers

HENDERSON’S POPULATION 13,873 TWENTY-SIXTH YEAR U. S„ BRITAIN PROTEST INSULTS BT JAPS France Fetes First Clipper Tourists PP PPPP <H» «■ m. " mU Hi * n •jW’fjPSßt yIMBiMBIi WMwm .'Li Central Press Radiophoto Newspaper reporters who were passengers on the “press preview” flight of the Atlantic Clipper answer the noisy welcome of 3,000 Parisians at Le Bourget flying field in France, after a short land-plane trip from Marseilles, where the clipper landed. There were 18 observers and a crew of 12 aboard the giant plane which made aviation history on hop from Port Washington, N. Y., by carrying first passengers across the Atlantic in a heavier-than-air machine. Photo flashed by radio from Paris to New York Tax Revision Bill Is Enacted Solution Os Lost Colony May Be Near Second Stone Found on Chowan River In dicates Slaying of Ra leigh’s Pioneers b y Savage Indians Gainesville, Ga., June 23.—(AP) —The roughly carved lettering of a granite slao that may prove to be the gravestone of Virginia Dare, first white child born in America, was disclosed today by Dr. H. J. Pearce, president of Brenau College. In addition to Virginia Dare, the stone bears the names of her father, Ananias Dare, and of 15 others, presumably murdered by Indians in 1591, four years after they set foot on the New World. It is signed with the name of Eleanor Dare, mother of Virginia. Dr. Pearce said that if the authen ticity of this and a companion stone now in the Brenau College museum can be established, the mystery of Sir Walter Raleigh’s fame “Lost Colony” will be near solution. One stone was found on the bank of Chowan river near Edenton, N. C., in 1937 by a tourist. Its inscrip tion purports to be a message from Eleanor Dare to her father, Gov ernor John White, iays savages had slain all but seven of the colonists. It tells of the burial of 17 on a hill and refers to a stone at the bridal site listing the dead. Governor White had gone back to England for supplies soon after (Continued on Page Three) Bank Depositors To Get Another Kick In Pants Savings Accounts No Longer Worth Much; Bankers Not To Blame, But Government Has Initiated Vicious Circle Downhill BY ROGER W. BABSON, Copyright 1939, Publishers Financial Bureau, Inc. Babson Park, Mass., June 23. Savings depositors are soon to get another kick in the pants. In certain states, interest on these accounts is to be slashed again to as low as one per cent in many cases. In some banks, depositors, whose accounts are below a certain minimum, will re ceive no interest. Cost of these re ductions to bank depositors may run into hundreds of millions of dollars. This is a far cry from ten years ago, when banks begged people to deposit their money at four per cent interest. All of the 45,000,090 owners of bank accounts idealize that the re turn on their money has been dras tically cut. I doubt, however, if many j&A _ Anderson, M Gt mvnuvt%mx ©atlit SJtsrutirir LF thk D \s"™ service op -IIIL, ASSOCIATED PRESS. House Accepts Minor Senate Amendments to Bill Fixing Flat 18 Percent Levy on Big Corporations; To En large Wilmington Channel Washington, June 23.—(AP) —The House concurred today in minor Senate amendments to the business tax revision bill, and sent the meas ure to President Roosevelt for his signature The legislation, rushed through both houses of Congress in less than a week, wipes out the undivided profits tax, which many business men denounced, and fixes a flat 18 percent levy for large corporations. Haste in pushing the bill through Congress was motivated by expira tion a week from today of excise levies which the measure re-enacts. Congressional leaders, meanwhile, called for a post-adjournment study looking toward a top-to-bottom overhaul of the revenue structure next year. The bill, carrying levies designed to put $1,600,000,000 in the federal till for 1910, swept to Senate Pass age late yesterday. Major General Julian Schley, chief of army engineers, recom mended to Congress navigation im provements in the Cape Fear river between Wilmington, N. C., and the sea, estimated to cost $790,000 be yond present approved expenditures. The engineers proposed modifying existing plans to provide for length ening the southerly approach to the anchorage basin from 1,500 to 4,500 feet, and for a depth of 32 feet in the channel between the outer end of the ocean bar channel and Wil mington, and in the turning basin. Promotion of Brigadier-General H. B. Ferguson, a native North Caro linian, president of the Mississippi River Commission, to the rank of major general, was proposed by Senator Bailey, Democrat, North (Continued Page Three) recognize the far-reaching social and economic effects of this decline in in terest rates. One of the biggest con tributions to our present standard of living was the thrift of our fathers and grandfathers. Up to 1925-1930 thrift and initiative were encourag ed, while indolence and carelessness were penalized. Today, the trend is in the opposite direction. Penalizing Thrift. This trend, rather than the dol lars and cents in interest lost to de positors, is the really significant point about the drop in interest rates on savings accounts. Let me explain the importance of this trend by following the situation step-by step. Why is it that banks must cut (Continued on Page Five) _ONLY DAILY NEWSPAPER PUBLISHED IN THIS SECTION OFNORTH CAROLINA AND VIRGINIA. HENDERSON, N. C., FRIDAY AFTERNOON, JUNE 23, 1939 Jesse Jones ToHeadNew Credit Body RFC Chief Named for Lending Agency Not Yet Even Created by Congress; John Car mody To Head Fed eral Works Agency . .i Washington, June 23. (AP) — President Roosevelt chose Jesse Jones, head of the Reconstruction Finance Corporation, and John Car mody, chief of the Rural Electrifi cation Authority, today to fill the two key positions in his proposed $3,860,000,000 lending program. He named Jones to administer the Federal loan agency, which will come into being July 1, and Car mody to run the Federal works agency to be created at the same time. For the time being, he left vacant the position of administra tor of the new Federal security agency, third of the trio of $12,000- a-year jobs established by a re grouping of bureaus under the terms of the government reorganization bill. The appointments of Jones and Carmody must be confirmed by the Senate to which Mr. Roosevelt sub mitted their nominations. Coast Guard May Establish Station Near Wrightsville Washington, June 23.—(AP) Chances for establishment of a coast guard station at or near Wrights ville Beach, N. C., became brighter today after Rear Admiral R. P. Waesche, commandant of the coast guard, assured Senator Bailey, Dem ocrat, North Carolina, that he favor ed it. The site under consideration is 53 miles from the nearest station to the north and 25 miles from the nearest to the south. From studies made by the coast guard, there “appears to be justifica tion” for such a station, Bailey said Waesche told him. The proposal must be approved by the budget bureau. Lawyers on Trip On the Cape Fear On Board Cutter Wrightsville Beach, June 23. (AP) —Around 300 lawyers attend ing the North Carolina Bar Asso- annual convention here, prepared today to take a cruise down the Cape Fear river aboard the coast guard cutter Mendota. The committee on memorials re ported that 14 members had died since the last meeting, and that “ap propi ate sketches” of each had been prepaieu. New Securities To Be Taxable 1 FDR Desires NoExemption Upon Loans Congress Leaders Study Vast New $3,- 860,000,000 Lending Proposal; Project May Not Be Enacted So Near Session’s End Washington, June 23. (AP) — President Roosevelt expressed the hope today that government securi ties issued to finance his proposed new $3,860,000,000 spending pro gram would not be tax exempt. As administration leaders at. the Capitol studied the vast lending pro posal to determine what new legisla tion may be necessary, the Presi dent answered many new questions about it at a press conference. Asked whether the securities which would be issued by various federal agencies to raise funds to lend on a wide variety of self-li quidating projects would be exempt from taxes, the President said he did not know the law on that point, but hoped not. He added he hoped Congress would make it clear that no more public securities would be exempt from taxation. Replying to a question as to the interest rate to be charged local gov ernments for ihe loans, the President said this should be as low as possi ble, and he expected both the prin cipal and interest to be paid. Much of the lending would be done by the new Federal Works Agency, which, under the recently-approved government reorganization plan, goes into operation July 1. The President said he expected to send to the Senati* during the day the nomination to head that agency, and one of the other two new agen cies under the reorganization. Because Congress already is rush ed with pre-adjournment legislation, there were some expressions of doubt that it could enact at this session the six-point, seven-year plan involving projects classified as self-liquidat ing. WELDON NEGRO HELD IN ATTEMPTED RAPE June 23. —(AP) —Albert Bowser, 19-year-old Negro, ar rested near here today on a charge of attempting to ravisn a- , . white woman of the Anderson’s Cross Roads community late yesterday. Of ficers said the Negro confessed. He was placed in jail here. The intended victim escaped se rious harm as her screams brought her father to her aid. Murphy Lady Dies Os Serious Scalds In Laundry Plant Murphy, June 23.—(AP) —Miss Bill McClure, 26, died in a hospital here today of burns she received Wednesday night in a scalding h;it shower bath at a laundry where she was employed. Her sister-in-law, Mrs. Clifford McClure, 26, also in jured in the shower, was reported in serious condition at the hospital today. Richard Johnson, a night watchman, who rescued the women, said they were almost suffocated by steam when h*r was able to break through the door. New Method To Balk Japs Is Proposed By CHARLES P. STEWART Central Press Columnist Washington, June 23.—Hints arc audible in Washington of a possible method by which maybe the demo ocratic nations can checkmate Ja pan’s obvious scheme to grab all their trade with the Chinese—and do it without .going to actual war with the mikado. Britain. France and the United (Continued on Page Two) lOscdhuJi FOR NORTH CAROLINA. Generally fair tonight and Saturday; not quite so warm in extreme east portion tonight. Protests to Nippon I I '. '-'p- ".^ John K. Caldwell John K. Caldwell, United States consul general in Tientsin, brought the United States formally into the Far Eastern situation by delivering complaints of American business men there to Japanese Consul Gen- : eral Shigenori Tashiro. The Amer-; icans protested inconvenience and losses caused by Japanese blockade. (Central Pres*) U. S., Britain Sign Barter For Cotton Each Seeking War time Reserves and United States Will Get Rubber Stocks In Ex change for Cotton London, June 23.—(AP) —Oliver Stanley, president of the board of trade, fold the House of Commons today he and United States Ambas sador Joseph Kennedy would sign during the day a barter agreement by which United States cotton would come to Great Britain for use in war time, with British rubber going to the United States. Negotiations for the largo scale transaction involving the exchange of certain raw materials required as strategic reserves in both countries were opened more than a month ago. The details, Stanley said, would be announced later. Assurances were given at a spe cial committee meeting of the Liver pool Cotton Association that the cot ton stocks in question would not come on the market for at least live years. Futures jumped 17 to 18 points at the close of yesterday’s dealings on the Liverpool cotton market. The Canadian government had protested against the agreement. State General Fund Will Exceed Early Estimates Daily Dispatch Bureau, In the Sir Walter Hotel. Raleigh, June 23.—North Caro lina’s general fund revenues for the fiscal year which ends in a week will exceed the thirty-four and a half million dollars upon which the 1939- 41 biennium’s budget was based, Commissioner of Revenue A. J. Max well said today. Not only will it do that, he said, but it will go above the mark with out any diversion of gasoline tax money from the highway funds. The 1939-41 budgetary estimate included in the $34,500,000 of likely general fund revenues, a transfer of $2,000,- 000 from the highway funds. In view of the Maxwell state ment, which is based on a close study of tax returns to date, it appears there will be no diversion of high way funds unless a thorough study PUBLISHED EVERY AFTERNOON EXCEPT SUNDAY. Japs’ Envoy Is Summoned At London Britain Aroused By Treatment of Nation als at Tientsin; Repre sentations by U. S. Consul Made in Be half o f Americans There London, June 23—(AP) —Japanese Ambassador Shigenit.su was called to the British Foreign Office today for consultation on what Prime Minister Chamberlain termed “intolerable in sults” to British by Japanese at Tientsin. The prime minister told the House of Commons that Foreign Secretary Lord Halifax had asked the Japanese ambassador to see him, and that Halifax would “make it very clear” what he thought of the new incidents reported last night. Asked if the British government would put retaliatory measures into operation at once, Chamberlain said, “I do not think we have got to that stage yet.” Chamberlain made his statement on the Far Eastern situa tion in response to numerous ques tions similar to the barrage directed at him yesterday urging “strong ac tion” against Japan. “The honorable members will no doubt have seen reports of further indignities to which the British na tionals have been subjected,” Cham berlain said. “My noble friend (Lord Halifax) has requested the Japanese ambassador to see him in connection with these incidents today.” ) Cheers greeted his statement. (Tientsin reports over night had told how the British consul general in Tientsin issued a statement say ing eight British subjects had been forced to submit to indignities, in cluding stripping, and lengthy ex amination in lull view of Chinese coolies.) REPRESENTATIONS MADE BY U. S. CONSUL AT TIENTSIN Tientsin, China, June 23.—(AP) — United States Consul Frederick W. Ilinkc, made representations at the Japanese consulate today against in conveniences suffered by Americans at barricades Japanese put up ten (Continued on Page Five) FRANCE AND TURKEY SIGN AN AGREEMENT Ankara, Turkey, June 23. (AP) —France and Turkey sign ed today a formal agreement ceding the strategic republic of Ilaytay to Turkey. The agree ment is a corollary of British- Turkish-French mutual assist ance pact to be completed later today in Paris. SURRENDERS AFTER ESCAPE YEAR AGO Raleigh, June 23.—(AP) —Oscar Pitts, penal superintendent, reported today that Otto Brown, who escap ed from the Sampson county camp August 1, 1938, returned to camp yesterday and told officials he want ed to complete his sentence. Records showed Brown was sent up from Duplin to serve a year for larceny and receiving. now being made by Assistant Di rector of the Budget Robert Dey ton should show that there will be more expenditures to charge against the current budget than have been anticipated. Commissioner Maxwell made it perfectly plain that from the point of view of receipts alone there will be no reason whatever for diversion of any sort. He could not, of course, say just what expenditures will be charged against the current year’s budget, and therefore was not in po sition to make any authentic pre diction of the actual general fund balance which will be shown as of June 30. Governor Clyde Hoey said he pre fers not to make an statement on (Continued on Page Six) 8 PAGES TODAY FIVE CENTS COPY To Be Governor - \ gaßr si* nffiW: / Blip lil Earl K. Long Lieutenant Governor Earl K. Long,) brother of the colorful Huey, Loui-i siana senator who was assassinated,' will succeed Richard Leche as Gov ernor of Louisiana. Leche resigned because of ill health. Hoey to Act In Cases Os 6 Condemned Won’t Interfere With Execution of Alleg hany Negro for Slay ing; Hearings Planned for Others of Six Set To Die July 7 Raleigh, June 23.—(AP)—Gover nor Hoey announced today that he would not intervene in behalf of Glenn Maxwell, Alleghany county Negro scheduled to die with five other men in Central Prison gas chamber July 7. At the same time, the governor said hearings would be held June 29 and 30 into clemency requests for two of the six, Bricey Hammonds, Robeson county Indian, and James Henderson, New Han over Neg.ro, both convicted of mur der The governor said that attorneys had requested a reprieve for James Godwin, convicted in Guilford of killing a textile worker after escap ing from Ihe Lexington jail with the help of the jailor’s daughter. God win also is scheduled to die July 7. Studies are being made of tjie cases of the other men, Alfred Cap er, of Robeson, and James Cureton, of Forsyth Couple of Fliers Up Over 41 Hours Seeking a Record Springfield, 111., June 23. (AP) —Two Decatur, 111., avia tors, trying for a new world flight record for light planes, passed the 41-hour mark today. Their second night in the air was without incident. The fliers, Hunter Moody, 25, and Wilbur Parrish, 36, circled over the municipal airport short ly after daybreak and took on a fresh supply of gasoline by means of a rope contact with a speeding truck. They also suc cessfully received their break fast by similar contacts. UCC Workers Feel Better Despite Heat Raleigh, June 23.—(AP) — Charles G. Powell, chairman of the Unem ployment Compensation Commission said today that the agency’s em ployees felt much better today and that there had been no further pros trations a$ the result of the heat. Workers went to their posts at 7 a. m. today and were to quite at 2 p. m. This was expected to provide some relief from the heat. Regular hours are from 8:30 to 4:30. Officials here still had not heard from Washington on two plans to les sen the heat in the offices, where numerous prostrations have been re ported.