0 ASSOCIATED •
0 PRESS •
• DISPATCHES •
Solons Await Message
Believed ThatlNo Really Im
portant Laws Will Be Made
Until Mr. McLean Has
TO COME FRIDAY
Other Important Bills Have
Been 'Presented But There
Is Little Prospect of Ac
tion On Them Now.
(By fee AMMtaM Press.,
Raleigh, Jan. 12.—Beginning with
what are exepeted to be brief sessions!
of the Senate and House tonight at 8
o’clock the general assembly will enter
the second week of the 1925 biennial
session. Members who spent the week
end at their homes throughout the state,
were returning today to be on hand for
The opinion is expressed by many of
members remaining over in Raleigh
for the week-end, that the enactment of
really important legislation may not be
expected before the general assembly
hears the new governor’s recommenda
tions. After his first formal message
to the law making body which will like
ly be delivered between his inauguration
Wednesday and February Ist there will
be conferences between the executive and"
members of various legislative commit
Several important bills, however, al
ready have been introduced. One that
will likely call forth much debate is the
King bill designed to repeal the exemp
tion on foreign stocks. Then there has
been placed in the hopper a bill designed
to regulate commercial motor traffic. The
Poole bill, designed to bar teaching of
evolution in the public schools is with
the committee on education and may be
reported out soon. This, as it has noth
ing to do with what are generally known
as policies, is expected to call for no par
ticular lineup. Just wliat turn the dis
cussions might take may not be subject
to much expressed opinion.
The new revenue bill is expected to
be ready by Friday of this week. This
bill will be submitted to the State budget
commission which after recess of nearly
two weeks will meet again on Tuesday
in the governor’s office. The revenue
bill is being drafted by the State board
of ssesssments, eomposeu of R. A.
Cfrolrna Corporation Confftiliisfon, and
James ;8. Manning, the attorney general.
The law requires that the revenue bill
be drafted within ten days after, con
vening of the general assembly.
In drawing the new bill the framers
are said to have discarded the idea of
any sales tax to raise additional reve
The inauguration of Governor McLean
will be one of the most important events,
of the week. The ceremonies incident!
to this will take up nearly all of Wed-1
nesday beninng at noon. Members of>
the general assembly will meet in their i
respective halls and then go to the audi-|
torium where the new governor and other
elected State officers will take the oath.
Although the new executive generally
touches upon the policies in his inaugural
address, this is not what i» termed a
"message to the general assembly" in the
There will be a meeting of the house
committees on courts and judicial dis
tricts tomorrow, at which time definite
action is expected looking toward a mea
sure to increase the number of superior
court judges and increasing the number
of judicial districts.
There will be a joint session of the
. House and Senate tomorrow for the pur
pose of declaring the results of the 1924
elections. The electors chosen to cast
the State's vote for John W. Davis and
Charles W. Bryan for President and Vice
President were called to meet in Ra
leigh at noon today.
Want Jobs as State Poieanem.
(By the Associated Press.)
Raleigh, N. C., Jan. 12.—Applications
for jobs as state policemen have already
begun to come in. The first, rcceivede at
the office of the secretary of state, was
from Rosemary. The applicant, knowing
that a bill for the establishment of a
State- constabulary will likely be intro
duced if a favorable report is made by
the commission studying Jhis question,
gives his course at a school for detectives
as reference. “I am a graduate detec
tive,” he writes, “I am now jußt after
today making my inspection with your
divisional officers on the farm.
“I can identify any man or anyone
any tin* be might escape from your farm.
1 am now employed but will accept a job
with you as a guard and I will prove my
“L. W. E.”
“P. 8. In answer kindly refer to the
number in upper left hand corner of this
More than fifty per cent of all the
rubber tires fn the world are produced
by the factories of Arkon, O-
CENTRAL and ST. CLOUD
Will Raise Prices, Going Into
Effect Monday, January 12, 1925:
All 35 Cant Jobs to 40 Cants
All 65 Cant Jobs to 75 Cents
Neck Shave f Cent* Extra
Mustache Trim 10 Cent*
The Concord Daily Tribune
- ' , . - -i t ... -
FURNACE MYSTERY IS
DISCUSSED BY PASTOR
I Rev. Mr. Slieafeley Breaks Silence Re
garding Cremation of Wife in Fur
Columbus, Ohio. Jan. 11.—Anonymous
letters, purporting to have been written
by members of his congregation today
caused Rev. C. V. Sheatsley, pastor of
Christ Lutheran church, of Bexley, to
! discuss before his congregation the mys
terious cremation of his wife in the fur
' nace of the parsonage on November 17.
It was the first time the pastor had
mentioned the tragedy since resuming
"Several anonymous letters, purport
ing to have been written by members of
my congregation," the Rev. Mr. Slients
j ley declared, “have asked me why we
have not mentioned the tragedy that
took place in onr home.”
This statement brought Rev. Dr. Ed-,
ward Pfeiffer, professor of Capital uni
versity, where the Rev. I>r. Sheatsley is
professor of religion, to his feet with an
appeal for the pastor to discontinue his
“This congregation has gone on record
ns expressing absolute confidence in the
innocence of our pastor and of every
member of his family. I, personally, was
dissuaded with difficulty from offering a
reward of SI,OOO for information leading
to the conviction of any person or per
sons guilty in this affair. What do the
people want? Did our resolution have
no weight?” Dr. Pfeiffer declared.
Columbus newspapers have printed a
number of letters bearing on the Sheats
ley furnace mystery, many of them de
nouncing the pastor and members of his
family for not offering a reward for a
solution of the mystery. It was publica
tion of these letters and others, written
directly to the pastor, that caused him to
discuss the matter before his congrega
The Rev. Mr. Sheatsley stood silently,
and with bowed head, while Dr. Pfeiffer
talked, theft answered: *
“Dr. Pfeiffer has misunderstood me.
It is I, not the congregation, who has
been questioned. . I wish to ask my con
gregation to wait in patience until the
rigid and thorough investigation now be
ing conducted by the regularly constitut
ed authorities iB completed and their
findings made public, and I wish all of
you to rest easy in the confidence that
ythen findings are made public, neither I
Bor any member of my family will be
in any way criminally implicated.”
The pastors’ last remark* were diT*et-
HW W* HtwT MPHT
that County Prosecutor King hall sub
mitted evidence gather#! By his investi
gators before a grand Jury.
Mrs. Adie Sheatßley’s body was found
in the furnace of the Bexley parsonage
late in the afternoon of November 17
when the minister returned from town.
A coroner made a! preliminary exami
nation and expressed belief that the wo
man was a suicide. Prosecutor King,
j however, was not satisfied with the de
letion and began an investigation which
I lasted for several days. Failure to un
cover any new information led him to ac-
Icept the coroner’s official suicide verdict,
j IVoscentor King would not discuss the
I evidence alleged to have been presented to
the grand jury.
ENGLAND AND FRANCE
ARE AGAIN FOG-BOUND
Number of Street and Rail Accidents Oc
cur in London and Paris.
London, Jan. 12 (By the Associated
Press. —London is again fog-bound-. The
worst fog in many years yesterday caus
ed a number of street accidents and some
deaths. Traffic stopped almost entirely.
There were numerous cillisions between
buses in which passengers were injured.
Causes Wrecks in Paris.
Paris, Jan. 12.—Three rear-end train
collisions occurred in the Paris railroad
yards this morning during one of the
heaviest fogs France has ever experienc
ed. Nine persons were slightly hurt in
one of the collisions.
To Study Problem of Distribution.
Washington, D. C., Jan. 12.—A nation
wide investigation intended to clarify
problems of distribution is to be launch
ed at the first meeting of the National
: Conference on Distribution, which will
open in this city Wednesday and will con
. tinue over Thursday. The call for the
gathering was issued by the Chamber, of
, Commerce of the United States, ami has
i met with a hearty response from many
• representatives of the manufacturing,
- wholesaling and retailing interests. Rep
• resentatves of the “consuming pubic’'
are also on hand to take part in the con
s sere nee, which is expected to name com
. mltteqs and outline the plans for inves
i tigation. This survey, dealing with an
r essential factor in the nation’s economic
life, is understood to have the approval of
Herbert Hoover, Secretary of Commerce,
and of a number of industrial leaders
Duke University Five Defeated by the
Davidson, Jan. 10. —The Davidson
Wildcats ran wild over the Duke Uni
versity quint tonight and its second
straight cage victory, the score being 39
Dnke scored first with a field goal in
the opening period but the Wildcats soon
shot ahead as McConnell caged three in a
row. From then on they were never
headed. £t the ball the score stood
17-10. ■ -
Kellogg to Accept the Secretaryship.
Parle, Jan. 11.—Frank B. Kellogg, the
American, ambassador to the coart of St.
James, will accept the poet of the secre
tary of state tendered him by President
Coolidge on the reoignation of Charles
This date in Sport History (January
1«, 1928) —The Passaic High School
baskethaal team won its 8,746th conse
cutive game today.
CONCORD, N. C., MONDAY, JANUARY 12, 1925
CHARLES B immica
Who has resigned as Secretary of State
in President Coolidge’s Cabinet.
THE DAIRY COW
There Are 300,000 Cows in the State,
' Producing Yearly 03.000,000 Galons.
(By the Associated Press.)
Raleigh. N. C., Jan. 12.—That North
Carolina is interested in the dairy cow
is evidenced by the fact that the annual
farm value of tile dairy products Os this
state averages $37.0(XX000, according to
an announcement issued here today by
John A. Arey, dairy extension specialist
for the State College of Agriculture.
There are 300.000 milk cows in the
stnte that produce annually 93,000,000
gallons of milk, or about 41.2 gallons of
milk per inhabitant, says the announce
ment. However, ail persons in the state
do not get their share of milk, it is point
ed out, because much of this production
is converted into butter and in the east
ern counties there is a scarcity of cows.
To take care of this production of milk,
the specialist asserted, there are now in
operation in North Carolina 75 creamer- '
ies, which make ice cream, cheese, but
ter and pasteurized milk. These factor- 1
ies, it was explained, received their raw .
product from approximately 10,000 farm
ers and paid them in cash each month. !
“While not all cows producing milk ;
in the state are of purebred lineage,”
says Mr. Arey, “we have bred one cow
which has given over 20,000 pounds of 1
milk in one year. This cow is owned by 1
R. E. McDowell, of Mecklenburg county !
and is one of the leading dairy cows in |
the United States. She is an exception,
however, because the average milk pro
duction per cow in North Carolina is less
than 3,000 pounds’per year.
“Our great problem noy is to learn
istin'g herds of cattle by the" use of better
sires. Wc are making progress nlong all
three of these lines and I look to see the
day, not so far' in the future, when the
average milk production of 3,000 pounds
annually will he greatly increased. I al
so look to see the time when the number
of milk cows will be increased by several
thousand above the 300,000 now on our
ORGY OF LOOTING AFTER
LATEST CHINESE COUP
Soldiers of Chi Hhich Yuan and Chang
Yung Min Are Raiding the Country.
Shanghai, China. Jan. 12 (By the As
sociated Press).: —Both victor and van
quished in yesterday’s coup, by which
Chi Hsiech Yuan, deposed liTfitary gover
nor of Kiangsn province, regained con
trol of Shanghai, united this morning in
an orgy of looting.
Soldiers of both General Chi, whose
attack was a defiance directed at the
I rovisional gevernmeht in Peking, and
of the defending forces led by the Peking
appointee, Chang Yung Min, ran wild
through Nantao, the native city, which
unjoins the French settlement here on the
The native merchants and household
ers today were frantically removing their
possessions into the protected foreign
quarters in defense of which the volun
teer eerps. c< inf used of most of the for
eigners in Shanghai, had been called cut.
The volunteer corps, aided by Chinese
merchants and numbers of the Chinese
fire fighting brigade, was this morning
making futile efforts to cope with the
WILL WAGE BITTER
FIGHT AGAINST DIAL
Democrats Do Not Want Him Appoint
ed to Interstate Commerce Commis
(By the Associated Press.)
Washington, Jan. 12.— Arosued by re
ports that President Coolidge plans , to
appoint Senator Dial, Democrat, of South
Carolina, to she Interstate Commerce
Commission, Democratic senators are
preparing to wage a fight on the South
Carolina senator, should his nomination
be sent to the Senate, and have conveyed
, notice of their determination to the Pres
ident. White House officials have re
fused to .acknowledge that Senator Dial
1 is under consideration.
Labor Board Can Compel Witnesses to
Chicago, Jan. 12 (By the Associated
Press). —Federal Judge Wilkereson to
day for the second time upheld the right
of the .railroad labor board to compel
witnesses to appear and testify before it.
Counsel for the defendants, J. Maguire,
local chairman oof engineers on the Chi
cago A Northwestern Railway, represen
tative of the Brotherhood of Locomotive
engineers, indicated an appeal would be.
There has never been any necessity
for a woman’s movement in Albania,
, have been accorded equal rights and
privileges with their men folk, as a mat
| ter of course. Though under .parental
rale daring her minority, after that per
iod the Albanian woman la absolutely.
Before and after marriage she is end
[ tied to hold property in her own right,
. and to manage it according to tier own
DIB I HD
Governor of Ktngas and Son
Ace Charged With Solicit
ing and Accepting Bribe In
Exchange For Pardon.
OF H|S GROUND
Says There Are No Grounds
For Warrants and That the
Bribe Was Plot by His En
emies to “Get” Him.
—, — ti —.
Tokepa, Kansas, Jap. 12 (By the As
soeintede Press).—Jonotliau, M. Davis,
governor of Kansas, nod his son. Russel!.
28 years old. were charged with solicit
ing and accepting a bribe of $1,250 in
payment for a pardftn, in a warrant :
sworn out here today by Tinkham Veale, ,
They are charged with accepting a
bribe for pardoning Fred W. Tollman, ,
■ County and State fflfficets at a confer
ence yesterday agreed that warrants
sltould be sworn outnand served on the
governor and his son’before the inangu- •
ration exercises at which Mr. Dnvis will 1
relinquish his office.
Formal filing of the charges would be
welcomed as an opportunity to “clear 1
liis skirts.” Mr. Davis;asserted. “I don’t
believe there is sitffieMftt evidence to jus
tify the filing of a (charge," he , said.
“However, if they wa it to file, let them
The governor asserfed that while his
son had accepted theHl,2so last Friday
night, upon delivering a pardon to the
banker, the transaction was a frame-up '
to hurt him politically, and that his son
had returned the money when he realized :
what had happened.
Governor Davis personally appeared in
court shortly after the warrants were is
sned to answer to them. The bond of
each defendant was set at SI,OOO and a
hearing was set for January 23rd, at 10 '
When he appeared in court the gover- '
nor had not decided whether he would
attend the inaugural ceremonies for his 1
successor, Governor-Elect Ben S. Paulen.
He had prepared a brief address to be de
livered m .retiring, ei&trtive, bat "Ms at
torneys differed in atfrising whether he
THE COTTON MARKET
Opened 5 Point Lower and Sold 12 to
14 Points Below Saturday’s Closing.
(By the Auomtra Press)
New York, Jan. 12.—The cotton mar
ket opened five points lower and sold 12
to 14 points below Saturday’s closing
under liquidation and local and southern
selling, promoted by disappointing Liv
erpool cables. March declined to 23.74
and July to 24.26 although there was con
siderable covering and a little trade
buying an a scale down.
The opening prices were: Jan. 23.60;
March 23.82; May 24.17; July 24.38;
With Our Adverstires.
On next Thursday, January 15th, at
11 o’clock a. m, the Southern Railway
will sell at the freight depot one boiler
shipped to the Crystal Damp Laundry.
See ad. on page six.
Your property value increases when a
complete modern bathroom is installed.
See new ad. today of E. B. Grady.
Phone 787 is Bob’s Dry Cleaning Co.,
who wants to be your valet.
Chiffon silk hosiery $1.50 and $2.00
at the Riehmond-Flowe Company. In
gun mrtni, beige and russia calf.
Rexal laxative and- aspirin cold tab
lets for colds, at the Gibson Drug Store.
Get a bottle om Mel-Bro Lotion at any
drug store and have a smooth, clear com
You will find some wonderful dresses
at clearance prices at Fisher’s during his
sale. Corsets at half price. Ten per
cent, off on all hosiery.
A checking account saves time, money
and annoyance. See new ad. of the
Cabarrus Savings Bank.
See the Corl Motor Company for DodgJ
Brothers service. Complete line of parts
Bome big opportunities for saving
await you at the Parker Shoe Store.
Coat values at the J. C. Penney pom
pany at only SO.OO, made of block cut,
, polaries, angoria polarise and other : sty 1-'
ish cloths. Fancy sleeves, button trim
mings, novelty pockets; : <
Big’'reductions in ladies’ and misses’
; coats at EHrd’s. Prices range from $lO
to $25, and they are worth mueh more.
| The famous Chatham-Elkin blankets
are now being sold by the Parks-Belk Co.
at lower prices. They have also cotton
blankets from 68 cents to $3.98. Mixed
blankets, $4.45 and up.
WiH Commercialize 801 l Weevil's Plans.
Washington, Jan. 11.—The part of the
boll weevil in the scheme of national de
fense is assuming some degree of import
ance in army circles.
Secretary Weeks has been informed
that an Ogdensburg, N. Y., company, is
being organized to equip airplans to
spread poison over infested fields, and
such a new outlet for production is held
tot he on benefit in supplying a new
commercial aircraft market.
Ninety-five per cent, of the airplane
orders in the United States at present,
Secretary Weeks said he had been in
formed, come from th* government and
either outside patrdnage.
Since the Intercollegiate Basketball
League was started in 1901 the oaost
successful teams have been those of
Yale, and Pennsylvania, which have
six championships each’to their credit.
At Conference f
, .< : v
• >1 *
Colonel Jamep A. lagan, observer
for the Reparation Commission, wtffi
*alt In” on the finance ministem.’
conference in Paris.
TRIAL OF GASTON MEANS
UNDERWAY AT PRESENT 1
Jury Is Being Chosen by Judge Lindley, ’
Who Will Preside at the Trial. I
(Ur tfee Associated Press.)
New York, Jan. 12.—-A judge-picked * 1
jury \yill hear the testimony at the trial
of Gaston B. Means, former department
of justice agent, and his one-time attor
ney, Thomas B. Felder, on charges of
conspiracy to obstruct justice.
The trial began today after many days
with Means in court as the result of a
bench warrant served on him at his Con
cord, N. C„ home where he pleaded he
was too ill to appear in court. Federal
Judge Walter E. Lindley, of Danville.
111-, refused to permit the defendant’s at
torneys to question the prospective jur- i
ors undertaking the task himself. At
the request pf Felder’s attorneys, he i
asked the talesmen concerning their at
titude toward the Kfl Klux Klan.
It was said that the star government i
witness would be Means’ former secre- 1
tary, Elmer W. Jarneeke, a co-defendant,
who pleaded guilty a week ago. The i
three were charged with having accepted
$65,000 from members of the Crager i
System, a stock selling orgauization, on .
tne representation that they would bribe
former Atttorney General Daugherty and
other government officials, to prevent i
Iheir prosecution for alleged stock frauds.
none Knows where seals - ,
STAY DURING WINTER
One of Nature’s Secrets Which Baffle the
Scientists—Animals Disappear Mys
No one knows where the seals go in
winter. In Alaska they begin to nppear
on the islands of St. Paul and St.
George about the end of April or the
first part of May, and toward the latter
part of August or in the first weeks of
September they disappear as strangely
and mysteriously as they came. This
is one of nature's secrets, which she
may keep most successfully hid from the
scientists as well as the prying eyes of
the merely curious and inquisitive.
Even in the days, years ago, when
the seals numbered 5,000,000 or more,
apparently some signal unknown to man
would be given and the next day the fog-
Wreathed rocks would be bare, the seals
having deserted the islands.
With their slipping off into Bering
Sea all trace of them was lost until the
return the following spring. Then some
morning they would suddenly reappear,
disporting themselves in the water or on
Want Vote on Muscle Shoals.
(By the Associated Press.)
Washington, Jan. 12. —Disposal of the
Muscle Shoals problem in the Senate be
fore adojurnment tomorrow was the task
to which leaders set themselves today as
the issue entered another day of the long
Although foiled in every attempt thus
far to fix a date by agreement for a final
vote, Senate leaders hoped for success in
that move today.
Caught With Whiskey, One Year and
Charlotte, Jan. 10.—Floyd Dewese,
city policeman caught, by Deputy Vick
Fesperman recently with a. lot of whis-
Ikey, yesterday was sentenced by Judge
Stack to one year on the roads and SSOO
In the new Memorial Gymnasium the
> University of Virginia has the largest
playing floor for indoor sports of any
college in the East.
♦ * ****** *******
* INCOME TAX IN A NUTSHELL. *
WHO? Single persona who had
* net income of SI,OOO or more or *
* gross income of $5,000 or more, *
* and married couples who had net *
* income of $2,500 or more or gross *
* income of $5,000 or more must file *
* returns. *
* WHEN? The filing period is *
* from January 1 to March 15, 1026. *
* WHERE? Collector of internal *
* revenue for the district in which *
* the person lives or has bis prinei- *
* pal place of business *
* HOW? Instructions on Form *
* 1040 and Form 1040; also the law *
* and regulations. *
* WHAT? Two per cent normal *
* tax on the first $4,000 of net income *
* in excess of the personal exemption *
* and credits. Four per cent, nor- *
* mal tax on the next $4,000. Six *
* per cent, normal on the balance of *
* net income. Surtax on net income *
* in excess of SIO,OOO. *
* ************ 4
Agreement Reached in
Regard ' [ ’
/r\ /Ts Jt\ * Av JtC ™ /Ts As
* SPECIAL SERVICE ON I
* THE WORK OF THE 1025 *
* GENERAL ASSEMBLY. *
* —-: *
The Concord Daily Tribune has )K
made arrangements to give its read
ers excellent service by wire every
day on the proceedings of the State *
3K General Assembly. Rend The Trlb- IK
une every day, and get today’s news
* today. *
PLANS TO MAKE CATAWBA
A GRADE A COLLEGE
Drive to Raise $250,000 to Increase En
dowment to Required Size.
(By the Associated Press.)
Salisbury, N. C., Jan. 12.—Plans are
under way now to make Catawba College,
-located here, a grade A college when it
opens its doors here next September. A
local committee headed by H. A. Rouzer,
has just been appointed to conduct the
drive in this city and the surrounding
counties to raise $250,000 and other com
mittees are seeking enough money else
where to increase the endowment fund
to the size rquired by the Southern As
sociation of' Colleges to be classed as a
grade A college.
The plant of the school, situated on the
Mocksville road, is said to be worth ap
proximately $400,000. The officials state
that with the $200,000 that Dr. Elmore
Rhodes Hoke, president of the college, is
raising in the northern states, the $250,-
000 expected to be raised in the counties
surrounding the school, and the $150,000
already donated to the institution by the
Reformed Church of which denomination
the school is a part, that the endowment
fund will be sufficiently large for the
grade A rating and that it expects that
the school will open next September as
a full accredited grade A college.
According to the president, the school
will carry the A. B. and B. S. courses
and will have one of the best faculties in
the state. He also expressed the opinion
that students should not specialize in any
subject until they had received a general
training and said that for that reason he
had recommended that only the general
courses be included in the curriculum of
the institution when it first opened.
COOLIDGE OUT FOR THE
< * nt A V
*J ,^*B * -pMF* fl .fUiMPHI' -Ujpg
' Because of Its Leasing Feature.
Washington, Jan. 10. —President Cool
idge is now squarely behind the Under
wood Muscle Shoals bill. He let it be
known between the time the Senate ad
journed last night and met this morning
tbat the Jones amendment for a com
mission to investigate and report to Con
gress does not appeal to him.
Senator Curtis, Republican leader, told
his colleagues early today how the Presi
dent left. Soon the news spread and
had a withering effect on the Wadsworth
amendment and the Jones measure sup
porters. This afternoon when the vote
on the Wadsworth ameudment for a com
mission with power to lease came, it re
ceived but five votes.
Senator Curtis explained the Presi
dent’s attitude to the senators and rep
resenatives of the press.
Coolidge’s Reason Given.
“The President,” said he, "wants to get
into conference two propositions, one for
the leasing of Muscle Shoals and the
other for government operation until a
lease can be made. For this reason, and
not because one bill was introduced by
Underwood and another by Norris, the
President favors the Underwood propos
al. which covers the two important points
in his mind.”
Senator Curtis added he had been for
the Underwood bill from the start, and
thought it should pass.
Should Right the Wrong.
Raleigh News and Observer.
Representative King has introduced a
measure that seeks to repeal an inde
fensible piece of special privilege that
was placed in the laws of 1923. By
reason of the whispered promises that
such fl law would induce millionaires to
come to North Carolina, and become citi
zens, and make their big estates subject
to the inheritance tax, and arguments
that sounded plausible, a bare majority
of the legislators voted to exempt stock
in foreign corporations from all tax.
, Mr. King reports that by reason of
that law Guilford county lost $40,000
1 tax last year. If that much can be
traced, the loss is greater. By putting
a premium on investing in foreign stocks
there ie less incentive to buy and improve
. lands and build houses. More than that:
; Exemption from all taxation has given
1 larger markets for foreign securities. If
\ Guilford has lost $40,000 in these few
• months, it will lose many time that
; amount in the years to come. ,
2 And not a single millionaire has been
‘ induced to become a citizen of North
i Carolina and there is no hope for larger
i inheritance taxes.
| Shipping Board Committee Meets,
i illy the A»w'it-.l Pre«».'
i Washngton, D. C., Jan. 12.—The House
i committee investigating the shipping
K board was cnlled today to receive further
If testimony on the activities of that or-
K ganization and its subsidiaries. Commis-
If sioner Plummer, vice chairman of the
If board, was summoned at his own request
If as a witness.
If Editor of Lynchburg News Dead.
If (By the Aessrtated Press.)
* Lynchburg, Va., Jan. 12. —Walter E.
£ Addison, editor of the Lynchburg News,
•f died here at 9 o’clock this morning, after
Jfjgix days’ illness of pneumonia. '
If! Eighty-six per cent, of the teachers in
l *« IWbUC ***** °* Lw,isi “ n * at * wo
• TODAY’S «
• NEWS m
» TODAY ' 0
To Give 2 14 Per Cent, of
the Receipts From Ger
many to America For Her
War Damages. ,
OTHER POINTS TO
BE SETTLED SOON
Under Agreement Allies Will
Get Less From Germany
Than They Thought Under
the Dawes Plan.
Paris, .Tan. 12 (By the Associated
Press). —Allocation of 2 1-4 per cent of
the receipts from Germany under the
Dawes plan, beginning with the first an
nuity, to payment of American war dam
ages is the first definitely settled point
in the discussions of the inter-allied finan
The other points in which the Ameri
can delegation is interested are in a fair
\vay toward settlement to the satisfac
tion of Washington, but considerably more
negotiation is necessary, and the chances
are that the plenary meeting of the con
ference which was postponed from today
until tomorrow may be put off another
The share to be reserved to the United
States will decrease the percentages of
the allies. France ceding the greater
part or 1 3-4 per cent., but it is pointed
out that extension of the period over
which occupation expenses were spread,
under the Washington agreement, com
pensates largely for these concessions, as
it will take 50 per cent, less from the
The decrease in percentages will be
further offset by the fact that within a
couple of years, after Belgium has been
paid her priority in full, the Belgian per
centage will fall from 8 per cent, to 4
1-2 per cent.
Agreement Accepted in Washington.
Washington, D. ~ Jan. 12.—The tenta
tive agreement arrived at in Paris be
tween American representatives and the
allied finance ministers has ben accept
ed by the Washington government.
Acceptance of the arrangement was
made known today at the State Depart
ment, where it was emphasized that no
departure from the American policy to
ward collection of claims under the Dawes
plan from German annuities was involv
N ° “"KSBPTkELUHSt
President Has Not Yet Named New AHN
erican Ambassador to Great Britain.
(By the Associate* Press.)
Washington. Jan. 12.—While President
Coolidge deferred action on the selection
of a new ambassador to London, the
Senate moved today toward confirmation
of two of the major nominations sent to
the capitol last week.
The selection of Attorney Genera!
Stone to a place on the Supreme Court
was approved by the sub-committee of the
judiciary committee to which it had been
Chas. B. Warren’s nomination to suc
ceed Mr. Stone as head of the Depart
ment of Justice was referred to a sub
committee, as is the usual custom.
Meantime, last week’s sudden upsets in
high places of the government gave po
litical Washington a tempting morsel of
gossip and led to many rumors of other
important changes in the near future.
One report even sought tot explain Sec
retary Hugheß' resignation by forecasting
his early appointment to succeed Win.
1 H. Taft as Chief Justice, but Mr. Taft’s
' friends indicated that he had no inten
-1 tion of leaving the bench until he reaches
the retirement age of 70 in 1927.
Does Not Want Investigation.
(By the Associated Press.)
Washington, D. C., Jan. 12.—Aroused
to public charges of liquor drinking by
members of Congress, Representative Till
man, democrat of Arkansas, urged the
House today not to dignify them by au
thorizing an investigation to determine
Kansas City Bank Robbed.
(By the Associated Frees.)
Kansas City, Mo., Jan. 12.—Four men
held up and robbed the Community State
Bank here today, after forcing about fif
ty customers and officials of the bank to
lie on the floor.
Supreme Court Decision.
(By the Associated Press.)
Washington, Jan. 12—The States have
no authority to compel a private carrier
by motor vehicle traffic to engage in pnb
lic traffic for hire, the Supreme Court de
cided today in a ease brought by the
Michigan public utilities commission and
Hie 1925 cross-country cycling race
for the international championship is to
be started from Paris on the morning of
Febuary 8, the day following the annual
Union in the French capital. France,
Switzerland, Belgium. Germany, and
several other countries will be repre
sented in the race.
WHAT SMimrS CAT SAYS
I" SJL “1 . I
i V i,P
Unsettled tonight* Tuesday ffcig ‘^Jjj