Newspapers / The Concord Daily Tribune … / Oct. 18, 1924, edition 1 / Page 1
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HE! The Concord Daily Tribune YW\ * &&&&&&&&& VOLUME XXIV Everything Astir At Fair Grounds Today ' . Grounds Have Taken on Ap pearance of Young City With Everyone Hurrying to Complete His Tasks. CITY DECORATED IN MANY COLORS Race Horses Are Arriving Hourly and More Than 100 Are Expected to Be Housed By Monday Night. \ All the hustle and bussle of a town in which gold qr oil has just been dis covered is in evidence at the fair grounds today. In fact the grounds hay? the appearance of a city, that has sprung up over night with every one seemingly lighting Jor a location of. greatest im liortnnce. Hie dull, monotoqqqs silence that market the deserted grounds of two weeks ago has given way tq swift, busi ness-like action. Every, one at' the grounds seems to have a particular task to perform and he ia going .about that task with a vigor and determination thnt is getting results. ~ "We are ready. Let the,.thousan<te come. “That was the crisp.' statement made this morning by Dr. T. N, Spencer, secretary of the fair, when asked if the fair officials were ready for the opening Tuesday. The officials have wrought long and systematically. They are con fident of the results. And a last minute survey of the grounds should convince even the most skeptical ghat tbh officials are justified for this spirit of confidence. The grounds present a spick and span appearance; they are equipped with buildings enough to care for a fair that would do credit to any county. And Concord- has caught the holiday spirit. She is decorated in her fairest raiment and on every hand there is a spirit of merriment. The city is deco rated in many hues, a variety of flags being ;the predominant figures in a deco rating scheme thnt takes in the entire business district. Today merchants are extending the decorations to their places of business. This work will he continued Monday and when the fair parade moves Tuesday morning at 10 o’clock the business sec • tion will offer a bright decorated avenue through which the marchers can move. A number of horses that will compete in HR? pdces duWftfc rin> fttdi liatfe'ltr ready checked in at the fair ground. Many others are. expected late today and tomorrow and by Monday noon it Is believed all of the 112 that have en tered for the races will be on hand. Some of the horses have been shipped to this city from Kentucky, where they worked on the big time circuit. Others are coining from Raleigh, where they raced at "the State Fair, while still others are coming from other race centers of the East and South. Persons who have exhibits to enter in the fair are expected to have them at the grounds not later than six o’clock Monday night. Beginning at that time the fair association will have care tak ers placed in all of the buildings to guard the exhibits. Additional exhibit space has been ro vided in all of the buildings this year. The farm people learned for experience Inst year that there is something to the local fair; that premiums are paid promptly and that they can derive much need publicity from exhibits entered at the fair. For these reasons the ex hibits this year are expected to be more numerous than those of last year. Among the horsemen who have already arrived at the fair grounds with their racers are; O. E. Pitman, Newark. N. .T.; Herman Tyson, Wilmington, Del.; M. H. McVay, Hutchinson. Kans.; Penny Brothers, Greensboro; D. H. Kelty, Greensboro; J. H. Thomas, Pinehurst; W. N, Reyn olds, Winston-Salem. Everything points to a fair that will eclipse in attendance and interest any other county fair held in this, State in many years. - Fierce Fighting in Chinn. Peking, Oct. 18 (By the Associated Press). —Fighting in Shainhaikwan be tween the invading Manchurian forces of General Chang Tso-Lin and the re sisting armies of the Peking government is so increasingly violent and intense that the outcome may decide control of the central Chinese government, accord ing to observers returning today from the ChihUan-Mancbnrian front. Prom an interpretation of a passage in the Koran,. Moslems are forbidden to have shades to their eyes, hence the ab sence of a peak from the sex and the turban. jja A young man who steps out of the IS crowd and saves is quite likely to find 53 the crowd following him some day. * | j—- " HUGHES CHARGES J, DENIED BY DAVIS | Democratic Nominee Says i Republican Party Inherited ,! Benefits of a Clean and * Wholesome Regime. f. Ft. Louis, Oct. 18 (By the Associated ) I.Press). —Determination to stress jjguin I the prosperity which he said the nation had enjoyed under Democratic adminis trations, and to answer particularly the statement of Charles.K. Hughes thiit the Democrats had put a mine under ’pros perity nnd left the debris for republicans to clean up, was expressed today by .John : W. Dn vis. Democratic nominee for Ptesi , dent, upon his arrival here from Chicago. j “Mr. Hughes well knows that the re . publicans inherited the benefits of a eleaft and wholesome administration when | they went into power in 1920,, Mr. Davis . said. "Business and prosperity had . mounted to a high peak. If there is any ; debris, it will be the democrats who in'- : herit on March 4. Any thinking man ; will tell you the same thing. - ' Mr. Davis was welcomed in St. Ixiuis i by cheering crowds. He went immedi , ately to a hotel and prepared later today to motor to East St. Louis, 111., for his : first speech of the series he is to make in the next few days in Missouri, Ken tucky and Tennessee. THE COTTON MARKET Opened Firm Today at Decline of 13 Points on October But Generally Higher. (Hr the. Amoelatod Press.> New York, Oct. 18. —The cotton mar ket opened firm today at a decline of 13 points on October, but generally 4 to 6 points higher. Active months sold 17 to 34 points above yesterday's closing in the first hour, December advancing to 22.85. Active covering for over the week-end was promoted by uncertainty of the fur ther course’of the tropical storm, and the firm showing of Liverpool where free of ferings of spots were absorbed by cover ing and trade buying. Cotton futures opened firm: October 23.05; December 22.40 to 22.52; January 22.65 to 22.75; March 23.10; May 23.42. Closed Steady. New York, Oct. 18. —Cotton futures closed steady: October 23.35 to 23.45; iPeeember -VAG t* -2K?Wr JaaßftMfiF*’ 233*5* ■ to 22.83; March 23.16 to 28.20; May 23.46 to 23.44. HIGHT ‘AND ACCOMPLICE ' MUST GO ON TRIAL Motions to Quash Indictments Overruled ht Illinois Court. (By the Amochi«ii Mt. Vernon, 111., Oct. 18.—Motions to quash the two joint murder indictments against Lawrence Hight, former Ina cler gyman, and Mrs. Elsie Sweetin, confess ed poison plotters, were overruled today by Circuit Judge C-. C. Keern. Mrs. Sweetin pleaded not guilty. The former arraignment of Hight was postponed un til Wednesday. PRESIDENT WRITES TO HENRY FORD Says He Hopes Manufacturer Will Re new Interest in Muscle Shoals. «By the Associates Press.) Washington, Oct. 18.—A letter from Henry Ford to President Coolidge with- ; drawing his offer for Muscle Shoals was made public today at the White House, i In reply, President Coolidge, wrote Mr. - Ford today that he trusted “that should the Congress conclude that it is best to ■ restore this property to private owner- i ship, you will at that time renew your interest in the project.” ’ . Davldson-Clemson Game at Charlotte. , Davidson, Oct. 17.—Davidson today ■ selected as the battleground for the an- ' nual football game between Davidson College and Clemson College, to be played November Bth, according to official an- j nouncement tonight. O. F. Barnhardt, coach and assistant teacher in the Miller’s Creek High School at North Wilkesboro, is spending the week-end with his*parents, Mr. and Mrs. W. N. Barnhardt, on the Kannapolis road. Hiough in the torrid zone, Peru pos sesses such diversity of elepations and climatic peculiarities as to be able to produce almost any product that is known to man. Cotton on the local ’market today is quoted at 22 eents per pound. Cotton seed at 52 1-2 cents per bushel. t-'x . ■■ - ' CONCORD, N. C., SATURDAY, OCTOBER 18, 1924 KLIN SUPPORTER IS HfENLOMin , BETHODIST MEETING * Rev. J. A.'Sharpe, Formerly . of Charlotte, Withdraws ! From Western North Car olina Conference. l ACTIVE KLANSMANi ! AT ONE TIME * Withdrawal of Rev. Tom Jimison Is Not Expected i to Lead to Hearing by the Cabinet. (By the Associated Press.) , Greensboro, Oct. 18. —Rev. .T. A. i Sharpe, former pastor of a Charlotte Church, but for the past year engaged in evangelistic work at Albemarle, today, on his own request was allowed to withdraw from the Western North Carolina Con ference of the Methodist Episcopal Church, South. In church conference parlance, Mr. Sharpe was granted a loca tion. At one time he was active in Klan circles and made sevei*l speeches for that organization at diff«|pnt points in state. He is the same man who made charges against former Chief of Po lice Orr, of Charlotte, that resulted in a hearing. The charges were not substan tiated. j The fourth day of the 35th annual meeting of the conference was started by the usual devotionals, conducted by Rev. A. L. Aycoek, of Cnnton. Business was quickly reached, and Mr. Sharpe's re quest for a location was quickly granted. Rev. H. C. Sprinkle, presiding elder of the Asheville district, announced that W. M. Edwards, a local preacher in that dis trict. had surrendered his credentials. He is now thought to be in Atlanta. There was nothing in the meeting this morning in connection with the with drawal from the conference of Rev. Tom P. Jimison. Broad Street Church, Statesville, will be the scene of the 1925 annual gathering of the Western North Carolina Confer ence of the Methodist Episcopal Church. This church was chosen over Central of Asheville just before adjournment of the morning session- t>f the conference this “MA~ FERGUJfoN WINS Texas Supreme Court Denies Injunction to Keep Her Name From Ballots. (By the Assoetate'l Press) Austin, Tex., Oct. 18.—An injunction to prohibit the name of Mrs. Miriam A. Ferguson, democratic candidate for Gov ernor in Texas, from going on the bal lots, was denied by the Texas Supreme Court today. The court also held that Mrs. Fergu son was qualified in every way to holf office if elected. More Charges of “Slush Fund.” (By the Associated Press.) Chicago. Oct. 18.—The Senate inves tigating committee was told today by Frank P. Walsh, counsel for (Senator La- Follette, independent Presidential candi date, that "leads” had been developed in dicating that a republican “slush" fund of $10,000,000 or $12,000,000 is to be raised for use in this, campaign. “Senator La Follette has informed me that he underestimated the amount of the slush fund,” Mr. Walsh said. “Af ter a very hasty investigation we think we have leads which we will present to the committee to show that $10,000,00 is, not too small an estimate and that the sum will likely run to $12,000,000. Wilson Child Killed by Auto. Wilson, N. C., Oct. 18.—Irving Lang ley, three-year-old son of Mr. and Mrs. Irving Langley, was instantly killed this morning when struck by an automobile in the street in front of his home. John Pratt, negro driver of the automobile, is being held by the police charged with reckless driving. The negro claims that the accident was unavoidable. Glorify Your Worfc Working with a hap py heart No job is little if you but make it big. “I thank God for an unconquerable soul” —that is the spirit in which you should save or do any other decent thing. Whether you push the keys of a type writer sr stand behind a dry goods coun ter or run a drill press or pYeach or doc tor or do aught else; you are going to learn that when yon start saving money, life takes on greater meaning and greater happiness. Nothin* Can paralyze the spirit of the real saver. You need ms. And the latch-string te always out. Seri* No. M Now Open. Running Shares Cost 25 Cents Per Week Prepaid Shares Cost $72.25 Per Share. AH Stock^m-l^rable CABARRUS A BAV- Offlee In Concord National Bank Improvement in the'Textile $L * Industry in This Section (BY MILES, H. WOLFF) The cotlon mill Business for the past yenr has experienced one of the worst | slumps in its -history. It is a Well J known fact that when the cotton mills | in Piedmont North Carolina have hard times, the rest of (he business in that section suffers also. There has been r recently a feeling that time are chang ing and that the fotmer prSjsperit.v is to | return. Therefore interviews have been secured with officials of the various ■ mills in an effort to see if any change has come about in the business and if so, what the tendencies might be. After an inmtigntion of the facts, it would seem that there is an improve | ment in the mill business. The mills of the city arc, with one exception, run ning every day in the week and some | are even doing night work. The one I exception is the Renfrew which is only 1 doing four days work. The other mill's I all report from sixty-five per cent, em ployment all the way to one hundred per cent. t The one mill which Las not curtailed at all from the depression is the Roberta. This company is now running its plant at full capacity just as they have been doing practically all the time. The only indication which has been given of hard times at the feobert is when it was closed for a two weeks period dur ing the early stages of the depression. Since theft, the Roberta has been run continuously. It was on Monday that the Buffalo, a subsidiary of the Locke Mill, began running at n capacity rate. The Locke, however, is only able to report a 65 per cent, day force. Whereas about 450 are usually employed, the numbers are now not over 350. The Cannon Mill, the largest piant in the city, is running full time. Were it not for some repair work which is being done, there would be a capacity force at work. The Cannon is also Min ing the card rooms at night. Under the best of conditions, this company nev er runs the plant at more than one third capacity at night. There has been 1 YORKTOWN CELEBRATES I NATION’S BIRTHDAY Thousands Visit Old Virginia City and Take Part In Hostorfcal Pageant. (By the Associated Preu.) Yorktown, Va., Oct. 18 (By the As sociated Press).—Picturesque Yorktown, where the Revolution’s battles ended and Lord Cornwallis surrendered his sword to George Washington; today celebrated tie real birthday of the nation. / Thousands who had cornq to the little KSWRi+y the blue *ito¥rs of the River! York, marched through, its streets, little changed since that fateful day, October 18. 1781, in a pageant of devotion. | When the invocation for Gods’ bless ings upon the republic which there had emerged from the Revolution’s baptism of blood had. been rendered, Governor E. Lee Trinkle, of Virginia, stepped to the platform and read his proclamation, re citing thd solemn significance <*f the commemorative rites. He was followed by Major General William R. Smith, representing President Coolidge, and by a number of the French embassy, who spoke for his nation, which had shared the glory of the event that severed the yoke of England from the colonies. ROBERT BURTON HOUSE SUCCEEDS DANIEL HILL Was Friday Elected Secretary of the State Historical Commission. (By the Associated Press.) Raleigh, Oct. 18.—Robert Burton House was yesterday elected Secretary of the State Historical Commision to suc ceed the late Dr. Daniel Harvey Hill, who died on July 31, last. Mr. House had been acting Secretary since Dr. Hill's death. The Commission yesterday voted to" have the unfinished history of “North Carolina's part in the Civil War." ns left by Dr. Hill, published immediately. Ar rangements, it was said, will be made later to have the history completed. Pearls From Hernngs. London, Oet. 18. —A number of ex perts have recently visited the fishing ports on the east coast of England and Scotland with the object of studying the possibilities of making a new kind of ar tificial pearl from the scales of the her ring. The scales, which are chosen for their brilliance and purity, are converted by a secret process into a substance known as chitin. Artificial pearls, of which many kinds are now made, are treated with this substance, and are said to resemble the real pearl much more closely in consequence. When treated with this preparation manufactured pearls, it is claimed, are given not only the precise lustre found in the real pearl, but the same velvety appearance. It is predicted that soon it will be impossible even for experts to distinguish between the genuine pearl and the imitation, without microscopic examination. To Aia Ships in Fog. London, Oct. 18. —5Ytg in the English Channel frequently delays shipping, and a proposal is on foot to instal at. Havre, Southampton, and possibly other ports, leader cables, which enable signals to be transmitted from the shore to incom ing ships. A cable ie laid in the bed of the approach channel to a port, and an alternating current is passed into it from an electric generator ashore. Thia current, broken up by a key into pre determined signals, induces correspond ing currents in coils carried in an Incom ing or outgoing ship, and the signals are heard by the navigator in telephones •connected to the coila. Dangerous Firs at Shanghai. Shanghai, Oet. 18 (By the Associated Press).—The souther® portion of Woo hung, outer anchorage, for Shanghai, was destroyed by fire last night. The blaze started soon after mldMght and burned until dawn . It was believed to have been set by defeated Chekiang province troops. a alight improvement during the past it two months, officials report, it The Cabarrus Mill reports the best II business in two years. A full force Is is employed during the day ajjd a one d third force at night. In fact, this is t as good as it has ever done since it Is n a policy of the official? never to run the whole mill at night. It was or.ly dur o ing the pressure of war times that the n entire mill ran at night, s The Franklin is doing full day work e with an employment of approximately f 225 hands. The Noreott is also doing full time day and night work. The i. Brown shows but, a very little improve - ment over the past two years eondi s tions. - _ In the case of the Gibson and the e Hobarton mills, there is indicated a very e slight improvement over past conditions. 7 There is never any night work in these r two mills. The day force is about ninety - per cent! normal. Out of 636 looms, r about a hundred are standing idle at the present time. Officials expressed an t opinion that there 'were indications of . a better feeling on the, market. 3 The White-Parks is one of the smal * ler industrial firms, employing only ' around 65 persons. This mill is running [ both day and night with a capacity em t ployment. It was stated by .persons - in charge that there was plenty of busi . ness but that it was hard to get profit i able business. The Hoover Hosiery and the Concord ■ Knitting Mills both are doing a better l business with nearly a full time employ , ment. The Hartsell Mills are in a • slightly improved condition and announce ) conditions tight but say that there is 1 more business recently on a close basis. The Kerr Bleachery has been doing a i better business during the past six . months but is not running quite at est -1 pacity employment at present. r The mill conditions of the ciy then ore ■ in a better condition than they have 1 been recently and seems to be an ■ opinion current among certain people ■ | that there will be a very decided im provement by the first of January. I KILLS TWO WOMEN, AND WOUNDS LAWYER Farmer Opens Fire With Tw o Re volvers During a Referee’s Hearing. Buffalo, N. Y.. Oct 17. —Obsessed with the idea that his estate was being dissipated by court costs, Martin L. Warren, a retired farmer, yesterday opened fire with two revolvers at a referee’s hearing, killing Mrs. Anna Pilski, his mother-in-law and her daugh , ter. Sophie and wounding Irving Tem . plrtpn^-iftwy»v. JEo.ur- layer, a girl stenographer and" Stephen Wafreh. the slayer’s brother, escaped | the bullets, at least ten of which were fired. Warren made no attempt to escape, surrendering without a struggle to two policemen. Warren, 53 years old. has been liv ing apart from his wife for several years. He was in the State insane asylum for several months, she said, and was released about eleven months ago. He had been adjudged incompetent at law and the purpose of the proceed ings in the law office today were to pro vide for the care of his three children. Warren, it is said, aimed the first ohot in the direction of Templeton, hen he began* to fire rapidly as he swung in a circle in the center of the room. It is believed that he did not de liberately fire at the two women. Both died within a few minutes. Young Men at Spencer Badly Hurt in Affray. Spencer, Oct. 17. —Lewies Walton, a member of the grocery firm of A. L- Walton & Son, doing business on the national highway on the enstern limits of Spencer and well known about town, is in the Salisbury hospital with dan gerous stab in the left breast, and a young man named Gore is at his home in Salisbury with bad cuts in the body, as a result of a disagreement at a bar becue given Tuesday night at Hiverstde park on the Yadkin rivet; near town, when it is said a free-for-all sernp fol lowed. While no one is willing to make a public statement it is said that a num ber of young men attending the barbe cue fell out over a trival matter and at tempted to have it out personally. In the melee it is said an unknown per son stabbed Mr. Walton in the breast but it is not known whether the same man cut Mr. Gore. It is thought both will recover. Three Girls Born In on Home in Less Than Week. Norwood, Oct. 17.—A rather singular occurrence here last week waH the birth of three girls in one home. On last Tuesday night twins were bom to Mr. and Mrs. Nathan Baldwin, and on Sun day night a daughter was. bom to Mr. and Mrs. Harley Baldwin, the former a son of Mr. Nathan Baldwin who re sides with him. Missing Boys Found. Asheville, Oct. 16—Three West Asheville “newsies,” missing for sev eral days, have been located in Jones ville, S. C., and will be returned borne 1 by a special officer. WHAT SMUTTY’S WEATHER CAT HATS .... i ■■—,—■■■ , if -Oi *^Kil Fair tonight and Sunday; .little change in temperature. Executive CJimnittee Os Hotel Campaign Confers t - « « - HEAPLESS BODY OF ITALIAN IS FOUND Body of John Lapaglia Found In Home Where He Was Killed by Assassins Who Used An Axe. (By (he Associated Press.) Pittsburgh, Pa.. Oct. 17—The headless and silken pa jama-clad body of John i Lapaglia. wealthy Italian merchant, was found in his luxuriously furnished apart ment today. The head had been severed by an, axe and the assnssin had care fully covered the body with silk bed clothes The police said they were working on three theories—that Lapagalia was the victim .of black handlers, bootleggers, or a woman. The officers are searching for two young women, said to have been frequent visitors to the apartment and for the occupants of an automobile bear ing Ohio license plates. TO RESUME DUTIES WITH STATE BOARD OK HEALTH Dr. Rankin Returns After Year’s Leave of Absence For Special Services in North. Raleigh. Oct. 17.—Dr. W. S. Rankin- J will return to Raleigh November 1 'to resume his duties as secretary of the state board of health after a year’s leave of absence devoted to sepcial work relating to municipal health or ganizations for the Rockefeller founda tion. During the past 12 months Dr- Ran kin has visited practically all of the larger cities of the United States for personal inspection of the public health systems. He will make a comprehensive report which is expected to be the basis for a reorganization of health work to provide for the rating of all public health departments in accordance with their equipment and fitness. Dr Rankin announced whi'e here to day the completion of his work and his plan to resume his duties in Raleigh. He said he had gained much valuable experience while away which *he ex pects. to prove worth while in directing the North Carolina health -organiza tion. Dr. G. M. Cooper has been in charge of public health work during his ab sence* With OurY&wtTsere. ’ Have your store, car or truck decorat ed for Fair week. See Renner & Pap penfield, on East Corbin street, next to Grady's plumbing shop. Phone 334 W. Your decorations will be attended to at reasonable prices. See ad. on page sev en. Electrical satisfaction is always given ' at W. J. Hethcox's. Kord-de-Razon dreßses, several styles, in black, navy, brown, henna, taupe and cocoa, at the J. C. Penny Co. Only $4.98. Visit the booth of the Ritchie. Hard ware Co. at the Fair next week. Coty's candies, 75 cents a pound, at Cline's Pharmacy. The big closing out sale is now going on at the, S. S. Brown Shoe Store. Efird’s wants you to make their big store headquarters during the Fair next week. ' Virginia Dare shoes, leaders iu style and comfort, at Parker's shoe store, $4.95 and $5.95. Special values in men's suits and ov ercoats at the Riehmond-Flowe Co.'s. Series No. 38 in the Citizens B. & L. Association will begin November 1. Start now by raking all the shares you can. Office in Citizens Bank. Thomas Dixon Will Visit His Sister. Charlotte, Oct. 16.—Thomas Dixon, playwright, here today, said, "In ‘Tht Black Hood' I have performed my great est public service as an American citizefe and loyal Southerner.” The book is aS arrangement of the present Klan as bfr ing opposed to the vital idea behind the American constitution. Mr. Dixon goes from here to Raleigh to visit his sister, Mrs. Delia Dixon Carroll. Shenandoad to Reach Tacoma Today. Tacoma. Wash.. Oct. 18 (By the As sociated Press).—The Shenandoah sent a I message to her mooring mast at Camp Lewis just before 9 o'clock that she would be unable to moor without valving helium, and would not tie up until font o'clock this afternoon. 0000000000000000000000000000000000000000000000000000^ ;| NEW SERIES NO. 38 I i i IN THE CITIZENS BUILDING & LOAN ASSOCIA- f I ! TION | WILL OPEN NOVEMBER Is* j \ ! I Start now by taking all the shares you can. Help Con- || jfj j | cord grow and become a beautiful city. ijj f| Citizens Building and Loan Asso- Office in Citizens Bank Building. * ooooooooooooooooobooooooooooooooocKJoooooooooooooooJ NO. 246. | Several Officers Who Will J Head Important Commit' I tees Named at Meeting L Held Friday Night.) | MANESS ELECTED J GENERAL CHAIRMAN IA. G. Oddi Named General ;| Sales Manager and C. W. 1 Swink Was Named as Sec ■ retary-Treasurer. I The Executive Committee, formed to supervise the campaign to raise funds | with which to build Concord's new mod- V , ern hotel, held their first business meet . I ing in the Chamber of Commerce rooms ,I at the Y. M. C. A. Friday night. The j meeting was completely satisfactory. [ The first action of the committee was . the election of officers. T. D. Maness was elected to the chairmanship of the Executive Committee: C. W. Swink, sec retary-treasurer and A. G. Odeil, general Sales Manager. Mr. Maness will head up the Executive Committee activities while Mr. Odell will be Chairman of the Citi zens' organization which will be most act ive during the-week of the intensive cam paign early in November. Following the election of officers, R. Hi Keltner. representing the Hockenbury System, Inc., Harrisburg, Pa., the con cern which will direct the campaign pro gram, sjHike briefly on the growth of the hotel industry ami outlined the method by which Concord will raise the hotel funds. Hotel Industry Growing. Mr. Keltner pointed out that the hotel industry was now the fourth lnrgest in dustry in the United States and that in 1923 more than $600,000,000 was spent on new hotels in cities of all sizes. A sim ilar amount being used in the construc tion of hotel buildings during 1924 shows plainly that modern hotels are good in vestments for the communities in which they are built. For this money is being provided by’ merchants, industrial, professional and business men throughout the country in order that they themselves and their par ticular cities may reap the benefits of such investments. The speaker also stated that their in vestigation showed that they had fonnd not one hotel built in the last five years, efficiently built nnd operated for a period 'lnvestment. He explained that Concord's new hotel wottld pay a satisfactory divi dend because the patronage of commer cial men, auto tourists, buyers, investors and others was available. In addition the store rooms would bring a good rent al and concessions would be well patron ized. Official Statement. An official statement was approved which will appear in full in Monday’s Tribune. This statement explains that it is desired and intended that the full issue of stock shall be sold in Concord and vicinity. The stock will be.all capi tal stock with a par value of SIOO.OO per share and sold at that figure. The payments for stock is made very easy as the purchaser will have until January 1, 1925, to pay in full. There will be five payments of 20 eafch beginning Janunry 1, 1925. A very important section of the Execu tive Committee was selected to have charge of the planning of the further or ganization and activities of the cam paign. The members of the steering committee are • as follows; Joseph F. Cannon, Chairman; F. C. Niblock. ,Geo. L. Patterson, Chas. F. Ritchie. J. Archie Cannon. Foresees Air Travel Safest in Two Years. New Y6rk, Oct. 16.—“ Within two years travel by air will be safer than by ship or rail.” Major General C. R. Ed wards. retired, predicted in an address tonight, before the Military Order of Foreign Ware of the United States. General Edwards based this assertion on another prediction that in the future mercury vapor engines, the construction of which resembles a steam engfne using fuel oil, would be used in aircraft. Violet Dickerson Freed. Philadelphia. Oct. 18.—Violet Dicker son, 19-year-old mother, was acquitted today of the charge of murder in the holdup nnd killing of Louis Hirsth, an aged store keeper, last November.
The Concord Daily Tribune (Concord, N.C.)
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Oct. 18, 1924, edition 1
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