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PAGE EIGHT BUR anom'T MARINE Has Too Mach Buy Money, Instead of Getting Don to Ward. with the government-owned merchant marine, which he discovered after he be came President of the United States Fleet Corporation, was that it was suffering from too much easy money, Leigh C. Pal mer told the National Foreign Trade con vention today. “Instead of getting down to real 'busi ness and trying to come somewhere near living within its income,” he eaid, “it was depending unduly upon the nabtonul treasury. Therefore, it seemed best to reduce the appropriation covering operat ing losses from $43,000,000 to $30,000,- 000 for the present fiscal year, while do ing the same amount of business as last year, and to cut it again to $24,000,800 for the fiscal year begining nevt month. We are planning a further cut to $lB,- 000,000 for the fololwing fiscal year, and we will continue this policy of Reducing operating losses with improvement of services while the country at large is en deavoring to arrive at some constructive) policy in the matter of the merchant ma rine as a whole. “The progress made by the Filet Cor poration is perhaps best exemplified by the reduction in losses of its fleet of car go vesels during the past year. The pas senger lines and tankers are left out of consideration for the moment. "A little more than a year ago we were operating about 320 cargo vessels at a loss of more than $25,000 per voyage. Luring the first ten months of the pres ent fiscal year, beginning July, 1924, the average loss was reduced to-, abont $20.- 000 aail at the end of this period it had fallen below $17,000. •'This’improvement is attributable al most Entirely to improved administration and iocreosCtl, efficiency of operation. As an initial step,, the various lines were re organised: by consolidating those which were in corapet'itiofi', with each other, or overlapping ra file regions served, with the general result that fewer operators were retained, each with an increased fleet operating under conditions more nearly approximating the trade require ments. While the total number of ves sels in the c«Tgo fleet was reduced by these consolidations to about 380, the improvement in the handling of the ves sels, reflected in their quicker turn around, enabled ns to make practically the same number of voyages as before, with a substantial increase of cargo as revenue, and a reduction of operating ex- JiSfcqe. At the same time we gradually reduced our overhead and in the elimi nation of unnecessary personnel alone ef fected savings at the rate of about sl,- 500,000 a year. We regard the 'tajpnovement already made as merely a bcgfrfoipg. After a careful analysjs of all the factors in the case, we feel that the loss per voyage of the government-owned cargo fleet can be reduced to bout $8,500. even if the present unsatisfactory trade conditions continue, but a rise in freight rates or any other favoring condition would, of course, change that figure for the beter. If and when this result is reached, the total operating loss of the cargo fleet may be expected to be only about $lO.- 006,000 a year. This, however, does not include interest and depreciation charges, which must be included if proper com parison is to be maile with private oper ating results, and these two items would increase the prospective voyage loss to about $13,500.” Discussing the question of replacements. Which must be considered in any plan of continued government operation. Admiral Palmer declared that unless the govern ment can find away to trausfer its fleet to private ownership, the corporation fares the definite prospect of haring to spend about $30,000,006 a year cont.'u uously for replacements alone. After dis cussing the possibility of government aiil to private shipping, he said: "To summarize, our country faces three alternatives in respect to the mer chant marine in foreign trade; first, e»n tinued government operation costing ul timately aroand $40,660,000 a year: sec ond, government aid to private shipping amounting to about $15,000,000 a year; ’ or third, the gradual but certain disap pearance of our flog from the internat ional trade routes, and a return to our pre-war condition when less than ten per cent, of our foreign commerce was car ried in American vessels." In conclusion, Admiral Palmer discuss ed a possible program for dealing with our shipping problem. So far as the gov ernment-owned fleet i:s concerned the pro gram should, he believed, include the fol lowing : () An aggressive and well thought-out plan to transfer the government fleet to iwrvate ownership on terms that protect the government Interests and at the same time give the bnyer an opportunity for profit that will insure his continuance indefinitely in the trade. (b> Continuance of the operation of government lines on such of the trade routes as are economically es sential to the national interests and which cannot be disposed of to private opera tors. (e) Continued improvement of these lines until they show the best economic results obtainable under government op erating conditions, thereby reducing the present operating loss by half. (d) <to the mast heavily losing rputes, the maintenance of only ttuch services as may suffice to hold a position in the trade and to conserve our national trade in terests; but, on the more promising routes an expansion of the service to meet the demands and prospects of the national trade. (e) Where sales are impossible, the charter sf the Lines be private responsible •qieraterfi. if practicable, on terms "that will be advantageous to the government and that will give the operator an op portunity to become eventually an own *er. Other Woman's Story" how through wo^T“ CP PrW ofT”^t“ th is the tale of a youthful criminal who TLap. tore frlT SOUTH’S FIRST NEWSPAPER Facsimile of Paper Containing Declara tion of Independence, first newspaper, the pnbUoation which claims in ito record the greatest scoop in history, first publication of the Decla ration of Independence in full, may be reissued as a result of resolutions adopt ed by the National Editorial Association on the occasion of its first visit to Vir ginia in June. The publication was suspended in its 186th year in 11)22, af ter having one of the most interesting histories in American journalism. Should the National Editorial Association place itself back of the movement for the es tablishment of a course in journalism at William and Mary College in Virgina, second oldest institution of learning in America, the establishment of the paper oace again is secured. The paper referred to is the Williams burg Virginia Gazette, which was found ed on August 6th. 1736, by William Parks. It was the first newspaper print ed south of the Potomac River. Print ing of the laws of each session of the i General Assembly, of the journals of the House of Burgesses (and other necessary legal forms was the main source of reve nue to this first paper. Parks built his own paper mill and made his own iuk and members of the National Editorial Association were all presented with reproductions of the pa per in its exact size, and on handmade paper, printed with handmade ink. by the Virgina State Chamber of Commerce during their visit to Virginia. The State chamber selected the edition of July 26, 1776, in which was printed in full at the order of the council the Declaration of Independence for the first time in his tory. On the back of the paper fol lowing the document, are the press no tices given the declaration by other pa pers then published. Comments from Philadelphia. Trenton, and New York are included, but little space was given by the other papers to it. For more than 150 years subsequent editions of the pa per carried across the top of the first page a boast of this achievement. The Gazette was located in the old capital of Virginia at Williamsburg., where the college of William and Mary was established and the plan proposed by the National Editorial Association is to establish there a course in journalism, the pupils to assist in the development of this old historic paper and its rejuve nation as an historic publication. Post and Flagg’s Cotton Letter. New York, June 30. —While profit taking continues with a little sea titered selling for a reaction offerings are well absorbed by shorts and more or less fresh buying influenced by au undercurrent of uneasiness as to the present actual con dition of the crop and the possible effect of possible adverse weather conditions the next sixty days or so an dtiie extent of insect damage. There apjiears no sign of a real break in the Texas drouth and unless the situation is relieved by copious rains within ten days it is feared that the crop in a large area of that state will prove a total loss. If rains come it is feared that weevil j damage will be very heavy amid already the opinion is expressed in some quar ters that the showes weathen in the east esn belt ’will lea dto heavy infestation and loss in that territory to be noted ns soon as the second and third broods of the weevil become active. Trade ad vices meanwhile are making a better showing with inquiries reported increas ing at a rapid rate. Lancashire is rend ing out doleful reports but elsewhere and particularly tn France and Italy condi tions appear very satisfactory. There is not much disposition to make fresh commitment before the bureau and there is Some feeling that prices eover a large portion of what is bullish in recent developments but the general character of the market lias shifted from a strong ten dency to sell on all small rallies to a mod erate and inireasing willingness to buy on slight dips. This makes for a weak er technical position but even if specu lative shorts are less numerous ihev is still the vastly more important trade short interest the extent of which is indefinite but will be exactly in proportion to any improvement in business condition but even now would readily take care of any such crop as now suggested at these or possibly somewhat higher prices. POST AND FLAAGG. Bus Seizure Does Not Stop Bus Line. Raleigh News and Observer. The United Stage Lines, Inc. con tinued to make all their scheduled runs here yesterday in spite of the seizure of several of their busses by the White Au tomobile Company on Monday. Last night a conference between attorneys fir the bus line and the automobile company was in progress. The bns line secured three jbusses from Norfolk and others stored in a warehouse here. A number of chair ear busses will be secured and put in operation over the line by the receivers for the company, it was stated. ' The petititon of the receivers for the United Stage Lines. Inc., to reduce the schedule between Raleigh and Greensboro from every half hour to every hour Was indefinitely postponed yesterday by the Corporation Coinmmission at the -eqnfet of the petitioners. Convicted Physicians to Lose Their U eorae. Raleigh. June tfl.—Physicians convict ed of violating the Harrison anti-nar cotics act need not expect to retain their license, it was announced by Dr. J. G. Murphy, of Wilmington, member gif the North Carolina State board of medical examiners. It was stated that action on revoking the licenses of the physi cians now before the federal court here would depend on the result. The board has anaaonced it will revoke the licenses of two Gaston county physician* recently convicted. It has rescinded the license of Dr. Harvey Robinson, now of Reids ville, but formerly of Chadbourn, whose narcotic license was revoked by the late Judge Connor. Rufus A. Doughton, State Ownmis sloner of Revenue, was born in Alle ghany County,J*. C„ January 10, 1857. "%‘s: for several decades. He has served. 1803-1897 and was Speaker of the ! j House m #BOI. -^1 _wso.iysa.gaM ~ J kM*h r *d *"*»ood >tr * a,l<1 * d ** lli '^ e *° “°* b ® i THE CONCORD DAILY TRIBUNE IN .11 I Win II nil ■ < ..to. to to) an Wits mm m i CROSSWORD PUZZLE J |/5%l 1 ■ “ ■B3T" ' |*7^| 38 . ■Hp? J I 5^ eeSk?zEi Gnly two or three words in this pux xle may hold you up for a while. But they are crossed by such easy words that there should be no difficulty in discov ering the hard ones. HORIZONTAL 1 Contradicts as in a debit te. 6 Decorative group of girls in a mu sical comedy. 11 Nights. 12 Man who borrows your money. 14 A good smeller. 15 To secure. 16 Danger. 18 Something to lie in. 19 Within. 20 Slim slippery fish. 21 Barn. - 23 Sun god. 24 Male horses used for breeding. 27 Baseball team. 2!) Bag. 30 Digits of the foot. 32 Box. 33 Rough wooly hair. 34 Fairy. 35 Golf term. 37 To impel. 3!) Alacrity. 42 Alleged force producing hypnotism. 44 To bow. 45 Before. 46 Most common verb. 47 Upright shaft, 40 To beautify. 51 Portion of a circle. 52 Region. 54 Unit of work. 55 Lath (of a bed). , TODAY’S EVENTS. Wednesday. July 1. 1925. Centenary of the birth of Charles B. Norton, noted American publisher and bookseller. Two hundredth anniversary of the birth of Roehnmbenu, the famous mar shal of France who aided the Ameri cans in the Revolution. Canada celebrates today as Dominion Day, commemorating the anniversary of the Act of Confederation in 1867. The United States today enters upon its seventh year under constitutional prohibition. Au event of great importance to the Catholics of France will be the National Eucharistic Congress which o]>ens at Rennes today. The sixth national exhibition 'of Finnish industries is to be opened at Helsingfors today and will be continued for one week- The Rr. Rev. William ,T. Hafey is to be formally installed today as first bishop of the new Roman Catholic dio cese of Raleigh. N. C. The Pan-Pacific conference on a Christian program for the Pacific area, which assembles today in Honolulu, will he attended by representatives of the Cnited States. Canada. Australia. New Zealand. Japan. Chino. Korea and the Philippines. What American women have ac complished in the upbuilding of Pales tine .will be discussed at the eleventh annual convention of Hadassah, the women's Zionist organization of Amer ica. which is to begin its sessions to day in Washington. D. C. The last of the U. 8. Shipping Board's wartime housing projects will be dis posed of today through sale at auction of the properties of that character at Portsmouth, N. H. which include 278 dwellings, one store, nine dormitories fin'd twenty garages. MONROE TO HAVE A WATER SYSTEM Dam to Be Built on Ricardson’s Creek.— • Development to Cost $980,000. Monroe. June 30.—The city of Monroe is to have a complete water system cost ing close to $200,000. the contract for which will be let within the next six months, as a result of the action of the city cmmciltnen tonight at a special meet ing called by Mayor C. E. Houston. While the present mains in the city, supplied from a number of wells, will be utilized, the supply willl be brought from a dam on Richardeon’s Creek, about two' and a half utiles above Monroe, the sup ply coming from two creeks fed by a large number of fine springs for which Buford township is famed. People of Monroe are enthusiastic over the prospects for a water supply second to ootte in the state and are looking for ward tp the completion of the dam and water mains which will turn the water into the system which ha* been supplied by wells within the city for thirty years. The city has bought the site at the dam and the area the pond will cover land has watershed rights on an mm I covering about 25 zqhMe miles. The I - 56 Transmittev. 57 Submits. VERTICAL 1 Large tract of land. 2 Level. 3 To wager. 4 You and I. 5 Separates a word into its smallest parts,. 6 Institution devoted to the examina tion of patients. 7 Upon. 8 To steal 9 Employer. 10 Type of automobile (pi.). 13 Measure of area. 16 Small vegetable. 17 Constellation. 20 Periodical. _ 22 To become full of fervor over an object. 24 Trap. 25 Kind of beer. 26 Flies. 28 Frozen water. 31 Hen fruit. 34 Genus of mollutJks. 35 Machine for spreading hay. .'Mi Power. 38 Chooses. 40 Gazelle. 41 Sea eagle. 43 To defy. 46 Finishing nail. 48 Two fives. 50 Either’s partner. 51 Every. 53 Paid publicity. 35 Point of compass. Rl BY WALLACE FREE AGAIN WITH HUSBAND Aged Spouse 'Makers Reduced Bond For Young Wife and They Leave For Asheville. Charlotte Observer. What is believed to be the final chap ter for some time to come in the widely heralded Ruby Wallace police case was yesterday written when the girl’s 78- year-old husband, F. B. Gibson, posed a SIOO cash bond and secured his wife’s release from jail. The bond, originally set at S2OO. was rerluced to half this nmount by Solicitor I J. J- Carpenter, it was understood. Ruby’s last stay in the Mecklenburg jail was short, she having returned from Statesville under custody Monday night. Her husband bidding her good bye in Statesville, promised to be in Charlotte yesterday- to post her bond, and he ap- Ireared, in accordance with his promise. The couple left Charlotte for Ashe ville. from where they will go to Colum bia. SI C„ where Mr. Gibson is in busi ness. BABY PLUNGES TWO STORIES AND LANDS ON DOG’S BACK Tot’s Life Is Saved and Parents Wonder If “Pete” is Hero or VietJm of Coin cidences. New York. June 30.—Pete, a big collie, and that indefinitely thing known as coincidence are being praised in Long Is and City. Blither through coincidence or Pete's lincgnny and unusual act of heroism, the tife of 1-year-old Thomas Rose, who fell two stories from the win dow of his home. No. 161 Vernon avenue Long Island City, was spared because he innded on the back of the dog. Today. Tommy was smiling the same as ever in St. John's Hospital where he is snfferiifif from a broken left leg. Pete was kept in solitude in his kennel is the rear of the Hose home, where he is recovering from minor injuries. What is puzzling Mr. and Mrs Theo dore Rose, purents of the baby, is how Pete happened to be just beneath the Rose window, thus breaking the fail of * little Tommy, which otherwise would have been fatal- The Roses and their friends say it was “a strange coinci dence.” ' ~ Is murder ever justified? True De tective Mysteries for July, a Mac fadden publication holds “The Secret of the Flames" the true story of the (iisap liearanre of a prominent Michigan ' society woman. “Lured to Blackmail" is told by NeH Jennings, a private investi- Sator and concerns a young woman with ambitions for a -movie career and how she became the center of » black mail plot- “Written In Bed” takes you by Fay of Paris to Venezuela and de posits you in the zaidst of revolution, not forgetting the part a poinsettia leaf plays "The Mystery Os Room ltf” the story of a crime and Introduce* a brunette with reddish hair Into the mys tery. “How I Saved the American Fleet’* 4 by Thomas s#. If. Mearnon of the J threaten detraction «* an • J Destroyer Fleet. ; A porch aadijg may rtayriffl and still :Mf& tfl'™* r] . .a.. ■ tip* the beam at only-lift pound*. What the World Ts Doing (At Magazine) What Caaaaa Holes la Chew* Mystery Is Solved Hnii it—illi it in the department of sgricultare are reported to have discov ered that special curing processes and preparation of the cord, cause the holea in Swiaa cheese. The product is now be ing supplied to employe* at a cost of abort twenty aents a pound for mate rials. The expense of the experiments, which were started nearly ten yean ago, is being recovered by the sale of the cheese. The demand for it is so gnat that orders are rotated according to * system which pemnitß all employes to make purchases. A* * a Mowing Laws Banks With the aid of an additional handle on the lawnmower, the difficulty of cut ting grass on banks is considerably re duced as it permits the worker to remain on top of the lawn yet hold dm mower at the proper angle. The extea handle, about 8 ft. long, is screwed to the under side of the regular handle, and a brace is nailed between the two, as shown. The te^ r length of this brace depends on the ido'r of tbs hank; the steeper the bank the longer it w® have to be in order to lioki the mower at the correct cutting antde. When sorting the fiat part of the lawn, the extern handle and the brace arc re moved. B. N. I hike Gives $15,000 to AM Negre Cripples. Haleigh, June 30.—Fifteen thousand dollars, the price of 258 shares of Gen eral Petroleum Company slitoek, has been given by B. N. Duke, of New York, to the North Carolina Orthopedic Hospital at Gastonia to establish a ward for rripi)led negro children there, according to Mrs. Kate Burr Johnson, commission er of public welfare, who suggested the need of such a ward to Mr. Duke and through whom the gift to the hospital has made. In the July issue of Modern Mar ringej-a Maefadden publication you will THE SOUTHERN SE RVES THE SOUTH Getting business for the Southern ITU Every employee of the Southern ’?* Railway System i 6 a traffic solicitor. \ The 60,000 men and women in the Southern organization realize that their own prosperity depends on the prosperity of the railroad. M That why your friend or neigh v bar, who earns his livelihood in this railroad service, asks you to travel and ship via the Southern. , / ,r _ -S ' J Every one of us in the Southern - organization has a personal interest a in giving efficient and courteous , service—tiie kind of sendee that * > lor the Southern. /- ' ■ £ / ■ ' . - 111 *(?■ •* ■ „ sS f ’ ■ A, '■ **"* '* * ***' '*' * ' ll * ■» 1- ■■'■■■■ S n It T n CD D A t t nr a m as ~ *.'*.-* R A . 1 L W ? S T E M Sailboat with Two Hull* Keeps Better Balance Built upon two pontoon* bridged to gether, a novel sailboat devised by Ital ian enthusiasts is said to have a safe speed of i twenty-four knots in Jf\ brisk winds, to keep bet- Jl 1 ’ir-'Z ter balance than ordinary mod ala and to be practically non-capaisable. When one side rise clear of the water, the other remains securely on the surface. The pontoons practically act as outrig gers, but do not interfere with handling the boat, and when the craft rides on a single float, head resistance is decreased, it is claimed, especially in rough Sean. * * * Tubes That Won’t Burn Out Vacuum tabes #ot radio sets of the fu ture may have their life prolonged in definitely by b new fflarowrt which works ala teswr'eratme much lower than the I <mi n >*v !).*t'»*. Tire material, which was | described bv l>r. Irving Langmuir, of the tbSajenl fibre trie company, accomplishes its purpose -vitboufc heating to a glow, find even hi a dark room does not. ap pear red under operation. By the addi tion of small enount of thorium, com hipcu with several gases, to the tungsten used ia the tribes, the filament is made to operate at temperatures far below the usual danger point, avoiding overheat ing to the burning-out stage. meet real human beings with all their frailties. “Give a Vamp Enough Rope” is a fascinating true story of one mar ried woman’s problem and with what adroitness she solved it. ■’Pinch-Penny Lore” is a leaf tom from the diary of a small town couple. An interesting article is by Frank 8 winner ton “Must Romance End At MMdle AgeT’ which throws a new light oa the question that every woman most eventually answer. In “M.v Husband” a modern girt re- I veals the new conditions in marriage. I “How Much Dees Beauty Count?” (gives the viewpoint of the employer of j the plain girl. > Wednesday, July i, 1025 Cleaning Paintbnube* By using the following method paint brushes can readily be cleaned and kept soft and pliable without keeping than in oil «r water. When finished with the brush, clean it in gasoline; about two thirds of a cupful is enough. Pour some dean gasoline on the brush and hold it in front of the nossle of a garden hose or other strong stream of water, taming the brush around several times to wash out the gasoline. With the removal of the gas, every trace of the paint will also disappear. The brush is then laid away to dry, and it will be soft and dean for the next job. Even if used jp black paint a brush will .not soil a clean piece of paper when rubbed over it, after having been thoroughly cleaned and dried ia thie way. * * 0 Easily Made Soldering Rest The fan who has burned a spot on the top of his table when building » radio set by absent-mindedly putting down the hot soldering iron on it, appreciates the advantages of some sort of rest far the iron. It is a very simple emitter to make t practical feat from a couple of short lengths of left-over busbar wire mid a pi«e of wood.' Eyes for eovwo are bent at the ends of the wires, and the middle parte formed to e V-shape fa which the iron teste as shown fa the dkwteation. The supports are fastened to the wood by means of sown driven ficriegh the eyes, as indicated. The lure of romance has an appeal— almost to the end of life. The edrrent issue of Dream World, a Meefaddcn publication bears this out with “Love’s Old Sweet Song” in which a funny lit tle man draws rare, wistful melodies from his violin and plays havoc with the hearts of staid, everyday folks. “The Secret Garden Os Ijove” is as myster ious as it sounds. “My Dream Man” is a chapter taken from the life as a beautiful buyer in a department store. Love, romance and adventure greet you everywhere throughout this number. You can’t make a 'clear profit out of a shady business.
The Concord Daily Tribune (Concord, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
July 1, 1925, edition 1
8
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