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.