Settles For Two Crap*
of Tobacco This Month
<■*«.*
win practically balance.
Fourth: That where mi exception
ally good crop of tobacco hu
produced and delivered, the
of the umdation will 1
Fifth: Where a low grad* crop of
tobacco haa been produced and Whr
«rad to the aaaociation, ' ha member
will Kara bean under paid
Sixth: In inatancaa where the ac
count of a member balances, the
■aaaber of the aaaociation will have
already received his Money and wa
thia at'count
Seventh: la inatancaa where the
have been over paid, it ii
'• account, deducting
tt from amounts Invested bp the par
ticular member hi coaamon stock of:
frem" thl^ eom"sLreUU "^lan^* whfch"
haa bean contributed by that
Eighth. Where
total accounts have !
will be forwarded to theae
of the aaaociation.
Ninth: Yon will doubtleaa want •*-:
planationi of how thie whol - matter ,
"rami I WUt to «B your atten
tioa the fact that no one la any of
tktM instancea ia a loaer, bat has or
will rKfivf every cant for which Wa
toktwo haa been sold, lets reasonable
and legitimate deduction! for ax
Tli" of the aaaociation; or, he will
repay any over payment from hi*.
warehouse and eoawaercisl reaerve de
duction*. ThU Matter should alarm
no one.
Now, aa to the explanation of how
this occurred: The entire syatern of
handling the tobacco of members of
tka aaaociation on co-operative baais
was a new one with us when wa be
gan to receive tobacco at tka IMS
crop It waa necesaary to eetablish
oar grades. This was a difficult Job.1
Save transfers and adjustments of
|l»<ii had te be made. Methods of
kaepinK accounts ware entirely new
aa4 we had to evolve or work out a
system adequate to meat the handling
of accounts of the members of the
aaaociation.
There wan an urgent demand from
member* of the association for a» ra
pid payments as it was poos ibis to
make, and the association paid to its
member* money borrowed aa a first
advance and subsequent and future
payments as rapidly as money was de
rived from salea. or equities in tobac
cos permitted. On this basis of pay-'
«Mut, we were paying our member*
as money was being accumulated, ra ,
ther than waiting until such a time as
the total pool was disposed of and Its
actual average par grade had been de
termined. In oar final settlement,
these percentages did not hold good
on each grade peel, and we find we
have over paid on a portion of the
grades, or paid the members more
than the amount for which this grade
of tobacco was sold. This was unfor
tswte. t
IVaaent plans aad policies of the
aaso^stion and resolutions adopted
by the board ef directors will prevent
a recurrent*- of a payment of this
M, far the reason that grade ac
counts will he kept against each grade
of tnharrn delivered to the association
Will b« set
of.
ptjnwnli
of
•ad in Um fitm pmmt a I
of this kind.
la int. we had U»#
production of tobacco mr know* In
Virginia, North and South Carolina,
being second only to tha crop of 1990
ami being a total of «15,000,000
pounds. It was thought advisable,
and an urgent demand came from the
member* of the asportation, that its
directors and officials pot forth every
effort to socur« aa high a first ad
The bankers' valuation committee
had had a year's experience with the
handling and operation of the Tobac
co Growers Co-operative Aaaoriation<
had dealt with Ha business manage
ment and had developed confidence in
Ka business managers. In considera
tion of this confidence and the exper
ience of the previous year, a very lib
eral advance was given the members
of the association.
We maintained this average through
out the season, even though there waa
much variation ha the prevailing
prices of tobacco. The crop turned
out to be much larger than farmers.
that the 199S crop would be. Wa
have sold 85 grades at the 1929 crop
at an average of 91.71 per cent of the
bankers' valuations in cash and your
investment In the ware bousing cor-j
porationa and the commercial i sesi M
to the amount of IJN par cent. Thus,
wa have either given you in cash or
have invested for you in capital stack
of your organisation 94.01* par cent
of the bankers' valuations which waa
a liberal valuation on the tobacco
when the total sise of the crop wa*
finally calculated.
w* ha»r —cured the highest print
possible to obtain, when the »Lxe of
the crop la fully rnHiid and consid
ered and with tba additional fact that
during tha jraar IMS, two of tha larg
aat purchaaera of tofcatto produced in
this area maintained tactically a
boycott againat tha Tobacco Grower*
Co-operative Aaaociation. In aariaf
that a boycott waa maintained, I r»
fer particularly and specifically to the
fact that the America* and Imperial
Tobacco Com pan tea purchased none ot
the tobacco delivered to the aaaocia
tion of thia year's crop.
There has been for each of the dif
ferent pools a sales committee com
posed of three directors appointed by
the aaaociation, and these committees
have paaaed and approved of all salaa
made by the aalea department.
In my opinion and in my experience
as a tobacconist, having had a kmc
period of service la the trade, we have
secured for oar members • fair price
for the 1923 crop of tobacco and have
made a record for our aaaociation
which we ahould all be prood of and
which the members of the aaaociation
should recognise aa being of mater
ial benefit to them.
Dim cm Trip Around World
Morganton, March 9.—A ctbbfriii
recfired here today from ShMifcai,
China, brought newt of thd death of
J. C. Taylor. The meaeage limply an
nounced that Mr. Taylor had died of
pneumonia is Shanghai and requested
instructions as to the disposition of
the body.
Mr. Taylor left Morganton about
the 16th of January for a trip around
the world, s journey to which he had
been looking forward for more than
a year. He waa a student and reader
and enjoyed travel very much
For the past ten year* Mr. Taylor,
had resided in Morgan ton. coming'
here in 1»1K from Chapel HU1 to make
his heme with his aunt, the late Miss
Marriett Cola.
Re had followed his profession as
chemist and engineer in several ♦tee
finally returning to Chapel Hill to lo
cate, remaining them until he retired
from business.
The body will be brought to New
Bern for burial. It will MMy take sis
<>r seven weeks for It to reach North
Carolina
Wffl Be Higher
be two
for doubt* or "reply" peat e
tin Initial portion. Whan I
ply" portion I* detached and
will alao bo
Th«r» will bo no change in tha
rata on invoriMMt poital cards nor
on any other mail o(the first daaa.
Charges for domestic money or
ders, for amounts not in excssa of
1100, will ba: Amounts not excssd
biff $2.50, five cents; above $2.50 and
not exeoedinff $6; seven cents; abo>*«
$6 and not exceeding $10, ten cants;
shore $10 and not exceeding $20, 1$
cents; above $20 and not exceeding
$40, fifteen cents; above $40 and not
exceeding $00, eighteen centa; above
$00 and not exeoedinff $00. twarty
cents; above $80 and not
$100, twenty-two centa.
Anr tnr new vlmluli become* *f-:
fective April IS, nutil of the third
das* will embrace all matter now in
duded m the third and fourth dooses
u|> tn and including eight ounce* in
weiirht. while the new fourth class
will include ad matter formerly in j
third and f urtb dances over eight;
ounce* in weight and not exceed in* {
70 pound* In the first, s*cond mm!
third tone*, and not exceeding M
pound* when mailed for delivery in
aay of the other tones.
The rate of postage en all matter
embraced hi the new third claea will
he one and one-half cents far each
two ounce* up to and including eight
ounce* in weight, except the rate on
book*, catalogue*, seed*, cutting*,
bulb*, roots, scions and plant* shall
continue to be one cent for each two
ounces on parcels not exceeding eight
ounces tai weight.
The present fourth class pound
rates, according to distance or sane,
will apply to all HMtter weighing
more than eight ounce*, except that
of the first and accond daises and in
addition thereto there will be a ser
vice charge of two cents for each par
cel except upon parcels originating
on rural route*, inch charge to be
prepaid in the same manner as the
regular poatage. Parcel* mailed on
rural route* should be endorsed
"mailed on rural route," in order that
the parrels will show that they are
exempt from the »e>»k* charge.
TWO AVIATORS SAVED BY
THEIR PARACHUTES
First Time m History Mea la
Aerial Collision Escaped
With U«w
San Antonio, Texas. March 7.—For
tha first tisse in the history of avia
tion, according to local Amy aria
tors parachutes Friday saved the lives
of two fliers who crashed in Mid-air.
The pilots. Lieutenant C. D. Mc
Allister and Cadet Charles A. Lind
berg, students of the advaaeed fly
ing school at Kelly Field, were fly
in* at the tine of the accident in a
nine ship formation, simulating an
attacking in V-shaped formation. The
flown by Lieutenant Basse! L Man
Khan at an altitude of S.000 feet.
The pursuit fliers came down from
shove in diving attack, three ships
attacking in V-shaped formation. The
first and soennd formations had pull,
ed away and the third formation, with ,
Cadet P. R. Love in the lead, divided
for the sttack.
As Cadet Love pulled away from
the slower observation ship. Cadet
LIndberg pssssd almost directly ha-,
neath it while Lieutenant McAllister
attacked from the west side at the
same time. The ships came together
as the pilots began to regain altitude
spproximately WO yards la front of
Lieutenant Maaghan's plane. Cadet
Lindberg was the first to clear the
falling ships.
The pilots fell several hundred feet,
before they palled the rip-cords open
ing their parachutes. A momsat lat
er the wriehed ships barHed by them,
bursting lata flames as they rrsrtud
to earth, and ware dsstroysd.
Cliiyww. Wyo., Hank I—TW
tow of Uw>i HtoraMy waa wtped aft
the map of Wyoming tMh^ n4 Ha
Ijm ri»Hwei deprived of their
homes by a ruling of P«M Judge
T. Blah. I.a.ity, «W that
the entire village and Mi >i)«lan
muat bo moved bi order to maka a
clear patk far a riant of Miatry—
Jbpiny'*irtkh 'weed Mm hutd
Qovemaaewt, la inHtl.rf to Ml pw
aaaaton within « toy* On April tl.
1M4, ha held that Mm town M ban
ntibliiM without legal haaM, bat
eign of Mm town la laft In M toys,
tboaa reeponaibla will ba subject to
citation for contempt of court. La
raya la a modern incarnation of Mm
typical boom mining town of tha aid
Went. Proa parity baa baan general
since tha town waa iatabliah»d la 1M0
aad tha hundreds of man em ploy ad la
tha braathlaaa ruah for oil a pent aa
freely aa they earned.
Laroya la located In the heart of
the Big Salt Creek oil field. It puff
ed up betweaa patches of alkali and
aage brush ahaoet overnight, forty
milea north of Carper, when oil drill
ing called hundrrdu of mm in that
vicinity. In 1922 it took on another
■part of growing which continued un
til 1928, and it atill is the same hurt
ling village, having one large mer
cantile eatahliahment, three weakly
new*papers, numerotu motion picture
theatre*, automobile agencies and oth
er institution* of work and play which
Hie pleasure-seekers demand.
Lit* the mushroom town that it
is. Its buildings are flimsy—hastily
thrown together shacks for the most
part—and easily can be demoHahad.
It is expected that the business inter
est* of the town win ha transferred
mostly to Salt Creak, a nearby oil
town.
AFRAID OF DYING TAKES
OWN LIFE
Ciili—fcii iNiirt, UmU* to
r«e/, IUh SsV
New York. March t.—Henry Msad,
» 5TS*t«ie student at Columbia uni
versity, waa unable after 12 years to
conquer his fsar of death, so today
he killed himself, leaped to the street
from the window of his dormitory
room on the sixth floor of Hartley
hall. He had received the degree of
Ph. D. at Brown university in 1922,
and was studying for a doctor's de
gree in draaaatir literature. He had
registered home addrsssss at both
Fall River, Maaa., and Brooklyn. He
was 26.
Mead left four notes behind, one
addrsassd to Dr. G. Alfred Lawrence,
a neurologist hare, said:
"You have failed."
Another addressed to "my moth
er." read:
"You might try to console your
self with the knowledge that I con
sider this act neceaeary for ay hap
piness, and that whatever plsam mm
would he pleasing to you.'
Dr. Lawrence described Mead as
possessing two conflicting personali
ties. One was distinguished by high
hope and anbitiou. other ww a
"fear ' complex—a Irenl of dca'h Mt]
f.vw rW time
1 ne police found th- •- bottle* of a ,
poisonous liquid in Mead's room which
poisonous liquid in Mea l's room which
led them to believe he h*H c. nsidered
suicide by poisoning before V finally ,
decided on the window. His cit was
in disarray as if he toaaad on it moat
of the night planning out his last de
cision.
Patrick County Yootfc Must
Sp«Ml His Lifo in Prison
Danville. Va.. March 7 —John Wag
oner, a Part irlt county youth indicted
several months ago of the brutal mur
der of Ada Whaling, a 16-year-old
girl who was shot through the body,
has boon convicted in the Patrick cir
cuit court held at Stuart and aaafnc
sd to serve the root of bis life In the
rtate penitentiary. Wagoner was ar
ralgned before a Jury before which he
pleaded guilty. The facte were sub-,
mitted and the jury permitted to fix
the penalty eboae lift imprieonment.
y
Two of the bilk deslt with remov
ing otijcctlmnlklt persona from socie
ty by providing t refnraiitory school
for toloiW girts and aa —taMlshmsnt
of a farm colony for woman offend
er* older than those received at Sam
arkand. A bill requiring marriage
Hsnn* to be published two week* be
fore marriage, and a bill limiting the,
working day of children under 14 to
eight hour* in industrial and mercan
tile pursuits were alao included in the
orogram. nad a State-wide Australian
ballot law.
AaatraHaa Ballet Bill
The Aoatralian ballot bill waa one
of the moat popular and hardaat
"ouncil. It waa refei red to the Com
mittee on Election* and reported un
favorably, bat the House accepted the
minority favorable report It waa fin
ally defeated by a vote of 66 to M.
The Aoatralian systsm provfctss for
abeohrtc privacy la voting. AH bal
lots are printed under the direction
of public officials at public expense,
aad are distributed at the polling
places by legally appointed officials
Each ballot contains on a single sheet
the namee of alt candidates nominated
by any political party. On the bach
of each ballot is an official endorse
ment and a detachable number stub.
After the stub number has bee* com
pared with the number written by his
name in the voting book, it is detach
ed and the ballot placed in the bos.
It is said to be quicker than the old
way of voting, and is now in use in
one form or another in all the States
in the Union except North and Sooth
Carolina.
The bill limiting the working day
of children under 16 to eight hours
iB industrial and mercantile pursuit*
was killed in the committee with an
almost unanimous vote
The hill providing for a reforma
tory school for girls and an establish
ment for women offenders older than
those received at Samarkand
ferred to the Public Welfare i
tee and reported favorably, hot later
re-referred to the Appropriation Com
mittee and reported unfavorably.
Marriage Sanaa MB
The Judiciary Committee reported
the hill providing for the publish in*
of marriage bean* two weeks before
marriage favorably, but the House
tabled the bill. It was recalled and
tabled the second time. This bill was
urged by the council because "we
believe that many hasty and Ul-ad
viaed marriages would be prevented
and consequent divorces if there wen
a legal requirement that marriage
banns be published two weeks before
marriage."
Privacy hi Vet teg
After the defeat of the Australian
ballot bill another bill requiring the
space around the pells te be roped off
so aa to provide a
of privacj
odby the
CLASH ON RULES ALMOST
CERTAIN
View
Washington, March #.—A clash orer
the rules of the senate will run whan
Vice President Dawes undertakes to
curtail debate. Southern senators
cannot forget the old Fore* bill, aad
they are grateful to the rules of the
•enate for Ha defeat. Senator Over
mar is particularly opposed to mak
ing it poeeibie for a majority to na i
over a minority. The jeeture of Sen
ator Oscar W. Underwood to amend
the rule* has raised the dander of the
North Carolina senators. A row is
brewing over the Underwood prnport
tlon. Senator Sinunona doubts if
any dent rats win Join bias.
Old men in Washington
rail anything like the Dnwna
manes inauguration day hi I
the senators to be sworn in. II was
more tike the branding of a let ef
Texas cattle than the swearing in §t
dignified aura tun of the senate.
"Bring 'em all up." be said, aad the
ralleries reared and senators waxed
wrnthy.
Something about the Dawes episode
frightens cofifrwatn, they fear that
in a rough and tumble set-to with the
▼ice president the public would be
sgainst them. There is a suspicion
-hat Mr. Dawes thinks the sympathy
would be on his «ide, and that he wU .
•ontinue the fight started Wedneaday.
Had H not been for the rules that
permit unlimited debate the Muscle
Shoals bill would hare been passed at
the Inst session. Right or wrong, it
would have gone through. TV North
Carolina senators think fudging from
the letters that came to them that
the per.pie considered that a had piece
of legislation.
The Dawes addrssa. his nappy
manner, and the Underwood
tion the following day have
lots of speculation.
Damage Atkmd la TW Um «f
$71,000
plaint in the suit a*ain«t the TlAta
River Power Co., for Um death of the
three Martin children, ku heea fUad
in the offie* of the CM of Govt.
It wai reported the Hfwyi wonld
ask far WjM damage* for aacfc
child'* death, hot the aawtmt stated
in the com plaint la (26,0*0 each ar
175.000 altogether.
The three children id, 11, and »,
were killed Dae. 16th near Inliiniil
when the older Martin hoy (hot to
piece* an electric irradiator with a
shot-gun. breaking the tnawlrtar aad
cgtiaing the wire to fall, with iwaak
that the throe children ware hrtutlf