fStff-fflE Concord Daily Tribune tW\ VOLUME XXIII Mi. STREET MS REACTION HE TO BOGUS CREEKS Prices on New York Stock Exchange Go Tumbling When More Than Score of Bad Checks Are Disclosed. ONE OF CHECKS WAS FOR $15,000 Drawn on Reading, Pa., Bank —Brokers in Philadelphia and Boston Received Sim ilar Bogus Check. (Br the Anßo<-lnt«d Pma. New York, May 7,—Prices ou tile. New York Stock Exchange were sent tumbling today by -reaction from the heavy buying started on flood of or ders which it was disclosed were back ed by worthless checks drawn on sev eral Pennsylvania banks. _ I More than a score of worthless checks were received by Wall Street I liolses over the week end. One of the checks was for sls 000 j drawn on the Keystone National Bank, | of Reading. Pa., to cover buying or ders in Westinghonse. Reading and. American Car and Foundry, Cithers 1 accompanied orders to buy Ne.v York Central stock. Reports from Philadelphia and Ros- j ton said brokers in those cities had, received similar bogus checks. The cheeks in .almost every ease bore forged certification, which tricked some of the brokers into executing buying orders for large blocks of stock. Selling operations, started as soon as the fraud was discovered, sent prices down, practically the entire list being carried to new low levels. THE COTTON MARKET Firm Opening Followed by a Renewal of Weakness Later. (By th* AaDoetated I'nu. New York, May 7. —A firm opening was followed by a renewal of weak ness in the cotton market during to day's early trading. First prices were - to 22 points higher on old crop (fibres and 10 points higher to 2 points lower on later deliveries. Cotton futures opened firm. May 2t>:fCi; July 25 :tl(i; Oct. 23:92; Dec. 2.1:44; Jan. 23:10. May Cotton Droits $8 a Bale. New York, May 7.—May cotton broke from $20.90, the <>)>ening figure, to 25,00 on. the New York cotton ex change today, on reports, of additional arrivals of cotton In the' market, and better weather in the South. This was a decrease of $8 a hale from the (lav’s high figures, and of $5 from Satur day’s closing. Get-Together Meeting at A bemarle. Albemarle, May 5. —A dinner meet ing was held here today at the Hotel Albemarle when the town and rural correspondent -of the Stanly News- Herald, of Albemarle, together with a number of prominent men of Albe marle and the county met in a get together The primary ob ject of the meeting was to promote interest in the industrial and agri cultural work of the city and county schools. The get-together dinner was promoted by D. S. Lippnrd, of Mil ‘lingport, and was attended bv a large number of newspaper folks of the towns and communities of Stanly county. Another Decision In Foreign Vessels Case t®7 t»» AiavfUM Pkm.i 1 Washington iM&y ' 7.—The United States can compel masters of arriving vessels to submit manifests showing the articles aboard including those whose Importation is prohib.ted, the I Supreme Court held today In a case brought by the government from the j state of Washington, against Wesley L. Slscho. A school to train men in the brick laying trade is maintained by the' building contractors of St. Paul and Minneapolis. ’ NOTICE | I The best way save money—the best way to build or buy a home is to carry Build ing and Loan. LOANS MADE PROMPT ! LY. . . [/ , ■ 1 Our 35th Series is NOW OPEN. r Citizens Building and Loan Association j (Office in Citizens Bank)' GREAT BRITAIN TO SEND NOTE WITHIN 36 HOURS / Expressing Disapproval of the Latest • German Reparations Proposal. I London, May 7. (By the Associated , Press.)—Great Britain will dispatch a note to Germany within 30 hours, expressing disapproval of the ’latest ■German reparations proposal and urg ■ Ang Germnoy to present a more prac- I tical and liberal solution to the proli | lem. j It Is believed Great Britain’s note made In reply to the recent note from I Berlin, will have the general support . of the Italian . government, although ; Italy will probably send a separate , response to the Wilhelmstrasse. France and Belgium Again Serve No -1 ttice. Paris, May 7. —France and Belgium have again served notice on Germnny that they contend the rc]inrations bill I shall he paid in full and there shall be no consideration of any proposal as long ns passive resistance in the ; Ruhr continues to be the reieh’s watchword. Replying in a joint note to the Ger man offer of last week, the Ruhr nl ! lies point out that the sum of thirty billion gold marks represents less than one-fourth of the total which lioth the reparations commission and Germnny recognized ns the amount of her debt. France and Belgium advance no pro posals of their own, restricting their to a categorical rejection of the Ger man'terms. MYSTERIOUS DEATH OF GIRL. Found With Clothing Torn to Shreds i and Finger Nail Marks on Her I Neck. (By the Associated Press.* j Detroit. Mas 7.—The body of a pretty 17-yenr old girl lies unidenti . tied in a morgue here today, and two | young men who said they found her unconscious in q vacant lot las! night j are held. They told police officers j they knew nothing aliout the young , woman, hut found her lying in a va cant lot at Burnett and Gordon Ave nues. They went to a nearby house and reported that a woman had faint ed. A young woman went with them to where the girl was lying and car ried her to a nearby house. She died 10 minutes later. Examination showed her clothing torn to shreds and finger nail marks on her neck indicated the possibility of a struggle. THE SUPREME (GI RT HOLDS SPECIAL MEETING To Hear Arguments in Regard to Right of National Banks to Estab lish Branches. (By the Associated Pim.l Washington,, May 7. —The Supreme Cvyivt .held a special session todav yit hear arguments in the. case irivilving the right of National hanks to estab lish branches and the enforenbility of K tilt claws prohibiting such branches; The case reached the court on an appeal by the First National Bank of St. Louis, to have reviewed the de cision of the Missouri eourts uphold ing the law of that State prohibiting branch hanks. Dies From Injury Received When Hit By Baseball. . (By the Associated Press.* Belmont, N. C.,. May 7.—Funeral services were held here yesterday for Charley Harris, who died Saturday in a Charlotte Hospital tvs a result of an injury sustained here Friday when struck by a pitched ball in a liasehull game. He felt no ill effects until the day after the blow was struck. Uncle Joe Celebrates 87th Birthday. Danville, 111., May 7 (By the Asso ciated Press). —“Uncle .loe” Cannon, who served in Congress through two generations with a record and display of personality that has made his name and black cigar as well known to the schoolboys as to politicians, today is celebrating his 87th birthday, and his homecoming from his final session of I Congress. I General Federation of Women’s Clubs. (By the Aeeuelated Press, * Atlanta, Ga., May 7.—A meeting of the board of directors of the General Federation of Womens Clubs, delegates of which ore gathered here for the mid-biennial council, was held today. I The delegates represent a membership of aliout 2,000.000 women and are from jail over the United States. The formal opening of the Council will take place tonight. The King’s Daughters will meet to night at, 8 o’clock with Mrs.' T. D. Mnness at her home on South Union street CONCORD, N. C, MONDAY, MAY 7, 1923. iIA New Location For the Trinity Reformed Church Trinity Reformed Church voted . 1 yesterday morning to purchase rue 1 lot on North Church Street cornering at Reed’s Lane, for the location oi a new church which the congregauon will build in the near future. The Consistory ’is authorized to close the trade and the Finance Committee is authorized to provide the means oT payment. The lot is 109 feet on North Church Street and 161 feet deep. Mr. D,- 'S. Lippard offered to give n t lot on East Depot Street for a parson- Sunderland Finals For Year Started Yesterday Annual Sermon to Graduating Class Delivered in First Preshyterian Church by Rev. Lindsay Hfcdley.—Op eretta to Be Given at the School This Evening. The first service In the annual com mencement exercises of the Laura Snnderlnnd Memorial School was held in the First Presbyterian Church here yesterday when Rev. Lindsay Hadlev, of the Presbyterian Churcli of the United States, preached the baccalau reate sermon. In addition to the members of the school and its faculty, the sjienker was heard by a large and interested congregation. Mr. Hadley Haer,spent many years in the foreign flehr and nt present is sending some time in North Carolina. He is a siieaker of much ability, and although a young man. Is already prominent in his Church. The necessity of a vision was the subject Mr. Hadley dealt with and though his sermon was addressed es peoially to the members of the grad uating class of the school, it was pre pared and delivered in a manner ap plicable to everyone who heard him. ■ "Where there is no vision the peo ple perish,” was the- legend that led Anlone. of the great men who lived in the loth century, to ills great fame, the speaker said, pointing out that An tone saw this legend while .working in a monastery while a youth. Later, he' said, Antone, asked what the legend meant and was told that n “vision is something in the soul of a man that is good, fine and desirable.” He asked where he might get a vision and was told "at your workbench.” “And Antone got flint vision," Mr. Hadley stated. “He saw that it meant service to his fellipv man. And th njeans-jnst (har - fto-matter Where we may lie we can always have a vision and strive to see it put into practice.” Some people, the speaker declared, liecome so engrossed in making money that they lock from their hearts the joy that comes from a vision. We may have money, we - may have all that money will buy, hut we will never have a full life, a satisfied life until we get within our souls a vision. The speaker expressed the lielief j that lack of vision is the curse of the world today. "The United States has ) money, nutionnl power and all that! goes with it, but somehow the people j in the United States have lost their! vision. When the i*eaee conference was cnlled in Paris small nations had a thrill for they believed the United States stood to help -the weaker na tions. But polities or something got hold of us and we lost our zest for world aid. I stand for no particular party hut In the United States we need j more thought for others; we need to pay more attention to living things | and less to material things.” Robert' Louis Stevenson, Mr. Hudley said, be- 1 lieved that man’s greatest task was to 1 make people happy, not good, for the latter was up to the individual him-, self. The Stevenson vision, he said,' 1 is the correct one. . “Don’t be discouraged when people about yon seem to fall to appreciate your talents and efforts,” he advised the memliers of the graduating class. “In the end your work will be appre ciated if you have the proper vision of service and helpfulness. The men of the Revolutionary Army at Valley Forge had enough to make them dis couraged, but they were not. In the middle of the camp their leader held prayer with God each day. He had a vision of a great country, und he made his men see that vision also. . That is what carried them through. Their privations and sufferings, groat'as they were, were small when compared with the founding of n grent nntion.” Mr. Hadley then told of a letter he received while In China from a woman who had been bed ridden for ten years. “In that letter she did not mention her illness,” he skid. “In stead she talked of the beautiful things she heard and saw from her sickroom window. She also had a vis ion of great things among the Chinese people and she told me she prayed each day for the work we were doing. Such a vision makes life sweet and strong.” Americans, he advised, have a fore most place in the world because of their great opportunity, but we will not do all that we can do until we get a vision. “We think too much of America ns America,” he said, “and not enotigh of America as part of God’s universe. First, we must let the opportunity to serve control ourselves. 'Then it will pass on to our Stntes, our nation and the world.” ', Vision of service, he also declared, would wipe out labor disputes. “When, we have more employes with a vision of working for the good of their fel lowmnn rather than for their wnges, and employers who have a vision of their plants aiding everyone instead of themselves, then we will have a set tlement of all labor disputes. The la bor profiled) Is not a matter of dollars and cents. It is a matter of having a I vision In the soul.” , i In conclusion Mr. Hadley again re- i age. This offer came ias a surprise to the congregation. It 4s likely that the offer will be accepted. The congrega tion also voted to offer the enurch property on South Church and Means for sale, appointing Messrs J. O. Moose. J. H. A. and k. T. Lippard a commission to receive any bids for such property. The building committee will immediately consider plans cf building aid submit ine i same to the congregation for ap ’ proval. ( FINAKCIAL CMIPIIGN OF THE LOCULI II Cl Organization of Colonels and 1 and Captains Has Been Completed. The organization of the executive committee, colonels and captains, have been completed and will meet at the Y. M. C. A. at (1:15 Wednesday night to perfect the organization of workers. The opening night of the campaign will he Tuesday, May 15, at 0:15 p. in. at the Y. M. C. A. It is expected that a prominent out of town speaker will deliver the principal address. A iinvade is lieing arranged for. for Tuesday afternoon. It will consist of two bands, the boys rind girls of the High School, the civic organizations and other interested groups, also the campaign organization. They will carry numerous banners and slogans. At the conclusion of the parade a mass meeting will be held on the lawn of the Y. M. C. A., where an address will he given by some prominent speak er. The outlook for Hie campaign is most encoiiraginjt- work has lieen (lone by the Executive Com mittee in securing initial gifts. Practically everyone that has been nsked to take part in the campaign is accepting the responsibility. The Cit izens of Concord should he proud of the i Secretarial Staff and the accomplish ment of the past year. If the effort to raise $21,500 witli which to pay off the present indebted ness and to provide’ for the running \ exiiensets for the balance of the pres ' ent yenr is successful it will enable ! the Association to greatly increase its 1 effectiveness. I Certainly there is nothing of equal • importance to the conservation of the character of the young people of the community. It is just ns certain that there is no agency better equipped by experience, training and leadership than the Y. M. C. A. For 75 years it has lieen recognized as n character building agency. ! Certainly the citizens of Concord will rally to this great challenge. ! COLLEGE PRESIDENT t EXPELS 338 STUDENTS Disciplinary’ Measure in Negro Insti i tution Starts Students Strike. Salisbury, May s.—Livingstone Col lege, well known negro institution of this city, is having trouble between the student body and the president. Nearly two hundred of the three hun dred students In attendance have been given their walking papers and are now allowed to stay on the, grounds of the college only until they can make arrangements to go to their homes. A week ago an infraction of the rules was followed by a trial of the offending students liy a court of six members of the faculty and the stu dents were recommended for expul sion. President Suggs modified this ruling to allow the offending students to do extra work instead of going home. The remainder of the students went on strike for tlieenforeement of the trial court. Wednesday the pres ident read the names of 238 students and announced their suspension, giv ing tbm 48 hours to leave. Today it was announced that 51 of the offend ing students had re registered and the others were allowed additional time in which to make arrangements to get to their homes. The suspended stu dents include Doth girls and boys. minded the members of the graduating class not. to he discouraged if their tasks fell in unpleasant places, or where they did not seem to lie appre ciated. “Just 1(011 ember,” Ire sate!, “that your work may bring light to some dark place or happiness to some lonely life. Christ came not to be ministered unto hut to minister, and we should all follow in his footsteps.” The second exercise of commence ment will he given this evening in the auditorium of the school when an op eretta will be presented by the stu dents of the school. The entertain ment this eveniug will begin at eight O’clock. Tomorrow evening the final exercis es will be held when the students’ re cital will be given. Admission to the recital and the operetta will be by card, which (gas included in every in-’ vltatlon Issued for commencement. CHINA SITIMTION IS BEGIRDED IS 1 VERY SERIOUS ONE : | Menaces Good Relations Be tween the United States and Peking Government.— Bandits Take Americans. VIGOROUS COURSE IS TO BE PURSUED Nineteen Americans Were Captured by Chinese Ban dits.—Vigorous Demands for Restitution. Washington, May 7. (By flip As sociated 'Press.)' —A situation appar ently regarded, as seriously menacing good relations between the United States and tlie Peking government in China was described today by Amer ieau Minister Schurman in the first official report to reach the State De partment regarding the capture of American citizens by bandits near J file Shantung border. The American minister is under stood already to have made formal representations oil his own responsi bility, and it is expected he will lie instructed by the government here to pursue the most vigtrous course to secure the release of the prisoners un harmed. The report was prepared by Mr. Scimrman on the basis of information furnished him by an American citizen who was on the spot When the bandits attacked the tourist train on which many tourists were riding. It was indicated flint so far as known none of those taken prisoner was harmed, and tlie minister was apparently hope ful that all would lie released. The minister’s report was dated midnight May C, and described tlie situation as “very serious.” Should any American lost his life tlie State Department is prepared to make vigirous demands on Peking au thorities for restitution. Not only will suitable apologies lie required hut indemnity must be paid, and those re sponsible must lie punished if good re lations between the two governments. "Hre to-continue. ■ - American Killed by the Bandits. Shanghai. May 7.—An American was killed, by the bandits who held up the Shanghai-Peking express train near Shantung border and carried off lot) prisoners early yesterday, accord ing to a message from Nioheng, but all of the women captives Including Miss Lucy Aldrich, sister-in-law of John 1). Rockefeller, Jr., have been released. The men still held are said to be in grave danger. The message said «tlie bandits had notified the authorities that all tlie men among the foreign captives would lie killed unless the troops are with drawn. Miss McFadden and Miss Coralli were released With Miss Aldrich, the report added. Troops were pressing the bandits on both sides at latest ltd vices. * Nineteen Americans on the Train. London, May 7.—A Reuter dispatch from Shanghai says tlie following Americans were on the train held up by Chinese bandits near the Canton liorder: A1 Zimmerman, V. Haimo vitcb, L. Friedmann, J. A. Henley, L. Solomon, Mr. and Mrs. Pinger and two children, J. P. Powell, Major Al len and Mrs. Allen and child. Miss L. T. Aldrich, Miss McFadden, Miss Schronberg, Messrs. F. and E. Elias and E. Gensburger. CHINESE BANDITS CARRY OFF 150 PASSENGERS Sister-in-Law of John Rockefeller, Jr., Was on Tralti; Her Fate is Un known ; Peking, May 6.-—Bandits killed one foreigner and carried off 150 pas senger in iai raid near the Shantung border on the Tientsin-Pukow rail way today. iMiss Aldrich, of New York, sister-in-law of John D. Rocke feller, Jr., and daughter of former U. S. Senaffir Nelson W. Aldrich, was among the passengers, but her fate Is unknown. The foreigner killed a believed to lie a Russian. The minister of com munication late 'today telegrapned General Tesao Kan and the civil governors of Shantung; asking tnat troops lie sent to surround the bandits. Tlie express train was northbound from Soochow when attacked by the bandits, who disarmed soldiers esti mated at 1.000 strong and tore up a stretch of the railroad track, rifty first-class and 100 second-c'ass pas sengers were carried off, it was re ported here. Six foreigners escaped. Three Hundred Passengers. London, Mfty 6.—Three hundred passengers including some Americans were carried off 'by bandits who early i today raided an express train from , Pukod to Tien Sen at Lineheuow Shantung, a Reuters dispatch from Peking says. One foreigner was re ported killed and 23 Chinese and six ’ foreigners were said to have escaped. King George and Queen Mary Are in Italy Now. City tlie AonoetaveA Preaa. Rome, Mar 7.—King George and Queen Mary, of England, arrived in Rome at 3 o’clock this afternoon on a visit to Italy. Mr. and Mrs. E. V. Correll and chll ! dren, of Iliddenlte, are visiting Mr. Correll's mother, Mrs. W. O. Correll. PREDICTS SOUTHERN STATES WILL LEAD THE COUNTRY In Humanitarian Treatment ot Pris oners.—New Era Imminent. (By tlie . An ounce .of prevention Is worth a ton of ejtre. A man Who is wrapped Up in him self has a pretty small package. : You can’t take your money with you, ‘ unless you invest It In others.