Heuiiersmt ilmly IHspatrij ONLY DAILY NEWSPAPER PUBLISHED IN THIS SECTION OF NORTH CAROLINA AND VIRGINIA. I U i XTY-SEVENTH YEAR HENDERSON, N. C., SATURDAY AFTERNOON, JUNE 29, 1940 pdbusu^xc¥ptkIun£ItBN00N FIVE CENTS COPY eds Drive Deep Into Rumania + + 9f. S[. ffi * ff. * * if. .«i f >T V ▼ Jfafe Revenue Soars To New Record Fiscal Year Receipts At 6 Millions Better Business Con ditions in 1939 and the First Six Months of This Year Shoot Tax Receipts to Record \ Levels. June 2i> —(AP)— North tate revenue soared to a u at STH.DO 1.841 t>8 for the ending .it midnight to Actiny Kovenue Commis kk Clu.ui'ty leported to ' \v. s >7.i>58.T'»y.i i ahead Mu;.94t:. 132.57 collected in ■ ; conditions in 1939 !'.-t ? \ months of this year • tranchise. income and v • t" record high levels in . ;:nd and gasoline taxes c :ecs to new tops in the . :und. :nd receipts were $40, a sain of S4.811.615.54 A.> a result, there was divert $2.f>t)0.000 from is aj authorized bv the " :id income was $35,857, •\ of S2.24T.092.57 over il"- ; .<.•> brought in $2,007.-; v first time. The best prc was $11,290,381. in 1937 sales tax. a barometer of busi-' June I. 19;!9. through May. ugi t in SI2,206.076.12. The c . .<>us yield, received when . did not permit exemptions ettect. was $11,320,245 in t; xcs brought in $25,905, i M'ted by SI.500.000 the J9 1 -t year, and indicat i i>a«:ncss up through May. i I.AV DOWN ARMS New > ork. June 29.— (AP)—A !*< : liii-Wuve broadcast heard In rr by ,\BC this morning said it (»eni'ral Nogues. governor i nvsal and commander chief •! Freiu h Morocco, had order tl hi> troops to cease fighting .wiii lay down their arms. 1 he report said this action was i x< ii i>\ order of French CJen .dissimo Wcygand. iiooseveit vs. Willkie? I his Question, and Demo Vice Presiden tial Selection, Before Politicians. ■ ' June 29.—(AP)—Will! Ki«».evelt vs. Willi;ir? v. (in will be the President's to balance the Kepub • ii'iioii i»l Senator McNary, <an. Oregon? • .1 re the t.vo big questions in .(I today as Democrats :•> guage the strength of thP i it ticket headed by Wen ■ ili. «- ..nd looked ahead to their . i ntion in Chicago two weeks j mi v.cr to the direct query! ' d . Mi Pre idem Uoo. evelt. but .ept mill[i on his intentions. | ti ird termers, however,. • i ■ i i <,n- insistent than eve' 'i M: •! the '.urn of events aboard = t imperative he run again. Wi Mi pute that Mr. Ronse • '.'ninaud uffieicnt convention • l-.r the nomiruition. He had :: I pledged to him when !;•! ul.itiini \va. made and on • • • quired tn nominate. Even ii l» rmers concede the nom > M e j'resident's—it' he wants n iimiity is not so complete \ h i- presidential nomination. iJyrnes, Uemoerat. South staunch administration has been spoken of highly • ••ontender for second place 'I a i mi ticket. But there also '•ii t h. i,i another Roosevelt ile. Other running mates •• range?! irom Secre linll to Fiorello II. La ?. York s mayor. McNutt Says America Will Defend Self Albemarle. June 29.—(AP)—Foci era! Security Administrator Paul V. McNutt told an audience today at the dedication of Morrow Mountain State Park* that "America is not a nation .>t Chamberlains. And it the time comes to defend democratic liberties there will be no appease ment here." McNutt and Governor Hoey were the principal speakers at the dedi cation of tlxj park, the largest re creational area maintained by the state. McNutt. pointing out that this na tion was a peace loving people and consequently had devoted compara tively little time and money to build ing armaments and military estab lishments. said: "But woe unto the man or the na tion that thinks America cannot or will not defend itself, its lite and its liberties. The response to the Presi dent's call for the nation to arm itself leaves no doubt about the answer. And if the occasion arises, it will ap pear how quickly this nation of hap py, sports-loving men and women and boys and girls will be ready to make the sacrifices necessary to de fend their freedom." TWO MORE ITALIAN SUBMARINES SUNK London. June 29.— (AP)—The ad - miraity announced today "two more" Italian submarines had been sunk. A brief communique said: "The commander-in-chief in the East Indies reports further successes! by his forces. Two more Italian U- ! boats have been destroyed." Stocks Lower In Slow Market New York, June 29.—(AP)—Buy- i ing demand faltered in today's stock market and many traders step- j ped aside to await further develop ments in politics, business and the European war. A portion of yesterday's rally seeped into the list at the start, when fractional gains were register ed in most departments. At the close prices were spotty, with sev eral leaders down a shade to around a point. Transfers were approxi mately 200.000 shares. American Radiator 6 American Telephone 160 1-8 American Tob B 77 3-8 Anaconda 19 7-8 Atlantic Coast Line 11 3-4 Bendix Aviation 28 1-8 Bethlehem Steel 75 1-4 Chrysler 62 1-2 Columbia Gas & Elec 6 3-8 Commercial Solvents 9 Consolidated Oil 6 3-4 Curtiss Wright 7 DuPont 158 Electric Pow & Light 5 7-8 General Electric 31 1-2 General Motors 43 1-2 Lipgett & Myers B .. .... 98 1-2 Montgomery Ward & Co ... 38 3-4 Reynolds Tob B 37 Southern Railway 11 7-8 Standard Oil N J 33 U S Steel 52 1-8 Cotton Closes 1 To 8 Lower New York, June 29.—(AP)—Cot ton futures opened unchanged to 4 lower. Futures closed 1 to 8 lower, mid dling spot 10.73. off 12. Old contracts: July 10.25 10.20! New contracts: July 10.42 10.42 October 9.20 9.19 December 9.05 9.04 January 8.92 8.94 March 8.7(5 8.77 May 8.60 8.61 COmiha/i FOR NORTH CAROLINA. Partly cloudy with scattered showers this afternoon and pos sibly near the coast tonight; Sun day generally fair and mild. WEATHER FOR THE WEEK. Fair and warmer at beginning with occasional scattered show ers middle and latter part of w-"'-'?; cooltr north portion near close. Laying Keel of 45,000-X eirs Itcpcrdreaclnaught Rear Admiral Clark H. Woodward, commandant of the Third Naval District, drives the first rivet as con struction starts on the 45.000-ton superdrendnaught Iowa ;it the Brooklyn, N. Y., Navy yard. The ceremony was not open to the public. Awaiting their turn .it the rivet ng mariimc «:re Captains Charles A. Dunn (left), indus trial manager of the navy yard, and Thomas 13. Richey, yard production officer. Peeking between them is com mander J. E. Kiernan, hull superintendent. The Iowa, large, t battleship ever put on the ways for the navy, is expected to be three years abuilding. Roosevelt Signs Registration Law To Serve Retired Chairman of i General Electric Ask ed to Assist and Ad-i vise Hillman. Washington. June 2i). —( AP)—j President Roosevelt has asked Owen D. Young, retired board chairman of the General Electric C<>., to assist and advise Sidney Hillman, CIO leader who is in charge of framing workers for national defense ac-t tivities. Stephen Early, the president's press secretary, told reporters today that Young had been asked to help Hill man temporarily, particularly on the government's youth program and Civilian Conservation Corps. Young was a White House visitor i yesterday. Early said he thought the retired industralist would comply with the j request. Meanwhile the exact extent of the' state of emergency now existing In the nation and the secrecy-veiled plans of the main United States battle j fleet aroused capital conjecture. Three lines in a presidential pro clamation which accompanied a Treasury department order yesterday j raised the question of whether the limited state of emergency announced by Mr. Roosevelt on September 8.! 1939, had been broadened. The proclamation, after statin" that the conditions of September ?! continued to prevail, declared "the existence of a national emergency by reason of the threatened distur bance of the international relations of the United States." The September F> document made no mention of a "threatened distur bance of the international relations (Continued on Page Three) General deGuaiie Estimates French Dead and Captured i London. June 29. —(AP) — French General Charles tie Gaulle estimated today that the German forces caplai-d 358.080 men in the Flanders p'.:ase of the bis battle in Belgium and France and fiOO.OCO in the "battle of France," killing: and wounding about 300.CGi?. The figures were i^u^d by Professor Dennis Saur><. director of the French Institute. I)." Gaulle was quoted by Sau rat as averting the French army was beater without bring able to fight because the German tanks behind the front line r'^lroyod supply convoys, because the civil inn population mad-' the roads impassable, and because in many cases troops had to >i?rre;j?lrr be cause (if lack of ammunition. Italian Destroyer Sunk By British C'uiro. June 2!1.—(AP) -Tito sink ing ill one of three; Italian destroyers in an engagement )a:t night was an nounced today I'.v the British navy, A British eoinmunicjui; •■aid: "British naval forces operating in the central Mediterranean on the evening of June 2.') . ighted three enemy destroyers which 'v tired at high speed. In the ensuing ehasc one enemy destroyer was sunk." No British casualties were report ed. 1 In Statement Accom panying Action, Pres ident Reproves States Undertaking To Deal Individually With Alien Residents. Washington, June 29. — (AP)— President Roosevelt signed into law today a bill requiring registration i and linger printing of approximately 3,500,000 aliens in the United States. In a statement issued simultane ously. the President expressed hope that no "loyal aleins" would be sub jected to harassment in the course uf this program, but added: "With those aliens who are dis loyal and are bent on harm to this country, the government, through its i law enforcement agencies, can and will deal vigorously." In effect, Mr. Roosevelt reproved some states and communities which have undertken to deal with aliens individually. "The only effective system of con trol over aliens in this country must | come from the lederal government ! alone."' his statement said. "This is i as true from a practical point of view | as it i-; from a legal and constitutional i point of view. I "Since Congress by the act has at ! tempted lo provide a single and uni i form method of handling this dif ' licull problem of alien registration ; in this country, it seems to me that attempts by the states or com munities to deal with the problem individually will result in undesirable confusion and duplication." j Federal agencies coordinated final plans for the start of active opera I tions against the new public enemies ("Continued on Page Three.) Revenues From Gasoline, Sales And Incomes Will Be Near $50,000,000 Daily Dispatch Bureau. Ill the Sir Walter Hotel. Raleigh, Juno 29.—As North Caro-j lina's tax revenues this fiscal vearj reach a high they have never pre viously attained, it is of mure than j passing interest to note that three! tax schedules—gasoline, sales and in come—will come within a gnat's hair; of reaching $50,0(10,(100 this year, if indeed they fail at all to make that, figure. The regular standby, North Cam-' lina's 6 cents a gallon levy on gaso line, will, as ever, total more than the other two big tax producing levies. On .June 2(5 there had been collected for the fiscal year which, will end Sunday, no less than S2j. syo.000 plus. That will likely be tne linnl figure for Iho year as ihore ap pear to iic no more out.-hi tiding sour ces I mm which further y;is tax rc ventie is due. Till- sales lax—for the first time since its imposition—will p;iss S12, 000.000 lor the yenr. On June 26 that stood al S12,100,000 :ind some odd thousands: while the income tax col lections were pushing $12,000,000 so closely there still remains a chance that ti 10 million a month average will be reached before the books are fi nally closed. With the chance still open for more sales and income receipts there is at least a strong possibility that the coinbincd lotiil will reach the $24. 105.000 needed to nuke up S50.000, 000 from the big three of Tar Heel tax : ources. The prediction of this bureau some day. ago that total revenues will pass i 875.000,(IOD for the fiscal year has al ready been fulfilled. The prediction was made on the assumption that this June's tax col lections would at least equal those of June. 1939. As a matter of fact they will exceed last year's sixth month by at least half a million dol i Jars. Revenue of the general fund will increase this month at least 8300,000 over June. 1039. while there will be an increase of approximately 8200, 000 in the motor vehicle division col i Continued on Page Seven) Sporadic Fighting Reported; Hungary Threatens Invasion Italo Balbo Is Killed in Plane Crash Rome, .June 29.—(AP)—Marshal Italo Balbo, governor general of Libya, was killed yesterday while piloting a plane over Torbruk, Libya, during an enemy bombardment, an ollicial announcement disclosed. The plane crashed in flames, kill ing all aboard. The Italian hign command issued the following special communique: "While flying over Torbruk dur ing an enemy bombardment on June 28 the plane piloted by Italo Balbo crashed in flames. Italo Balbo and the members of the crew perished. "Flags of the armed forces of Italy are lowered in a sign of hom age and high honor to the memory of Italo Balbo, Alpine volunteer in 1 the World war, one of the quadrum- i virate of the revolution, trans-Atlan tic flier and air marshal, who died at his post in combat." The dashing, colorful trans-Atlan tic flier was one of fascisms celebri ties and sometimes was mentioned as a possible successor to Mussolini as Italy's next duce. Since Mussolini sent him to Libya, i however, at the height of his popu larity, Balbo's name has been heard less often in connection with possible fascist succession than that ol' Count Ciano, Mussolini's son-in-law and foreign minister. Marshal Balbo in 1933 led a his toric mass flight of Italian planes to the United States. He received such an ovation both in the United States and at home as a result of the flight that Premier Mussolini was rumored to have been displeased at his rapid rise in popu lar favor. Shortly after his return to Italy in 1933. he was appointed to the Libyan post,- a move interpreted in some quarters as designed to remove him from the limelight. — U. S. Expected To Refuse To Concui In Japan's Stand Washington. June 29.—fAP) —strong indications were given today that the United Sfates had no intention of concurring in the Japanese "Monroe doc trine" for the Far East enunciat ed by Foreign Minister Arita. This government in the past opposed Japan's plans for a "new order in Asia" and officials indi cated there has been no change ; in policy as a result of recent world events. Arita Warns Occident Japanese Foreign Minister Enunciates Oriental "M o n r o e Doctrine" Policy Tokyo, Juno 29.—(AP)—Foreign J Minister Hachiro Arita warned the western powers today to make no move which might upset the status quo in east Asia or the South seas and emphasized that the future of these regions is "a matter of grave concern to Japan." Arita, who delivered his warning in a radio broadcast to the empire, clearly enunciated an Oriental "Mon roe doctrine" in which he envisaged cast Asia "uniting under a single : sphere" with Japan as the "stabiliz i ing force." At the same time the foreign min i ister declared that Japan's conflict with China is a step toward build i ing a new order in the east founded ' on a "just and permanent peace" and he cautioned foreign nations to keep their hands off. "We are determined." he declared, to leave no stone unturned in order io eradicate all activities assisting Chiang Kai-Shek (head ot the Chi . ne&fc central government)." Reports Indicate Rus sians Might Have Crossed Limits Through Error; Other War Developments Over Wide Areas. Bucharest, Juno !if).—(AP) — Germany and Italy were said on high authority tonight to have assured Rumania that they would prevent any further Red army advances in King Carol's king dom. The informants, who arc close to the palace and cabinet declar ed that the governments of Rome and Berlin had promised Ru mania even land and air assis tance if Russia made further at tempts to overstep the line of territorial demarcation agreed upon by Carol in ceding Bessara bia and northern Bucovina to the Soviet. (By The Associated Press) Armed forces of Soviet Rus sia penetrated deeper into Ru mania today, reportedly passing boundaries of territory yielded under ultimatum, and the Balk ans trembled under new war alarms as King Carol sped mobi lization of 2,000.000 men. Sporadic fighting accompan ied the Russian thrust. Reports through uncertain communications out of areas jammed with refugees and sold iers said the Red army occupy ing Bessarabia and northern Bucovina might have crossed agreed limits in error. Semi-official souices said the So viet forces were in two towns 15 and 25 miles west of the river Pruth, western boundary of Bessarabia. Events of war and war-affected developments around the world were the following: Great Britain, facing a crisis with Japan, ordered compulsory removal of all European women and chil dren from Hongkong, British crown colony. United States officials were expected to follow suit. Japan's foreign minister-warned western powers that Japan would permit no upset in the status quo in east A>ia and the South seas. Hungary, watching the Russian invasion of Rumania with anxious eyes, rushed troops to the Ruman ian border and threatened an in vasion of her own if the Rod drive should continue. Hungarian officials said they had the support of both Germany and Italy in thi« stand. In Berlin, however, German offi cial circles scoffed at the idea that any gr^at dislocations were in pro spect for the Balkans, but acknow ledged that Germany's interest was to prevent a spread of war to a region which is such an important source of raw materials. Street fighting with perhaps scores of citizens killed and wound ed was reported in Cernauti, Bessa rabian eitv in the area which Ru mania gave back to Russia rather than go to war. Communists and :>nti-communist residents fought be fore the Red army got there yester (Continued on Page Three) Germans May Have Four French Ships London, June 29.—(AP)—-The pos sibility th;il Germany has seized four French men-o'-war, giving her a six to-three advantage over Britain in fast, well armored cral't with the hitting power of dreadnaughts, car ries a threat to British sea supre macy. neutral sources declared today. Addition of these ships—the 35, 000-ton Richelieu and Jean Bart and the 26,500-ton Dunkcrque and Stras bourg—to Germany's battleships Scharnhorst and Gneisenau would raise the nazi battle fleet to the point where it could, with sufficient air and undersea auxiliaries, chal lenge the British battle line, these sources said. This threat to Britain's grand fleet is far greater than that of subma rines or nazi air craft, in the opinion of these naval men. With the four French ships, the Germans would have an edge in • pood and weight of metal over Britain's three battle cruisers, the Hood. Repulse and Renown—the only British ships with speed to -.itch and enough guns to destroy the i German s two tjf.leihips.

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