ASSOCIATED
PRESS v
DISPATCHES
VOLUME XXV
mum
AIRCRAFT IS GIVEN
BY COMMITTEEMEN
The Report Suggests That
$20,000,000 Annually for
Five Years Be Spent for
Air Planes.
ANOTHERREPORT
WILL BE MADE
* Rep. Reid, of Illinois,
Counsel For Col. Mitch*
ell, Will Ask For Unified
Air Service.
• Washington. Dec. 10.—04»>—Expen
f' ditnre of $20,000,000 annually . for
five years for procurement of aircraft
for the army ami navy is reoommend
<•’l in lilt* report of the special house
aircraft cenumnittec, as agreed upon
today.
The recommendations whiela eon
tenuilate creation of a department of
national defense, covering land, ser
air, were coucurrcil in by all mcra
hers
Ucpresenativo Rei<|, of Illinois
court martial counsel for Colonel Wil
liam Mitchell, however, will tile a
supplemental brief advocating a uni
tied air service.
The proposed department of nation
al defense would supplant the pres
ent war and navy departments, and
would not necessarily give aviation a
co-equal status with land and sea ar
maments. Ot'lier committee recom
mendations include:
A separate budget for all aviation
activities.
A b'flreau of civil aeronautics iu the
department of commerce.
One procurement agency for all air
activities.
Increased representation for the air
service on 't£)j*jpnuv gdneral staff and
‘ tlie navy general board.
Government aid in the establish
ment of airways and air ports.
Survey of nil aeroplanes now in
nse. and destruction of those found
unsafe.
Creation and maintenance of an
adequate air reserve.
Increased promotion opportunity for
air officers, and -pay commensurate
with the hazards of their work.
Tile report also recommends that
experimental and development work
S'
Payton, 0., be transferred a* far as
IKMsihle to the bureau of standards
It does not, However, ask for the clos
ing of the factory or the McCook Field
work.
Legislation is recommended to pro
vide away for inventors in aircraft
industry to secure redress for infringed
patents other than iu the court of
claims.
The army and navy are accused
in the report of fnilure to give proper
recognition to aviation as a factor in
the national defense.
A secretary of national defense
would be empowered, t" take sue
steps as necessary to bring about com
plete co-ordination of alt defense
forces.
A proposal to provide for three sub
secretaries with authority over land,
sea and air activities was not ap
proved by the committee.
Commercial aviation is held in (tie
report to be of prime importance as
an adjunct to national defense and
the proposed bureau of civil aeronau
tics would bo directed to take all
steps necessary for commercial air
development.
MECKLENBURG WAS
NEEDLESSLY ALARMED
Commissioner Johnson Has Not
Threatened Indictments Because
of Low Jail Score
Raleigh, Den. 9. Mecklenburg
people were excited somewhat Wed
nesday over a report that the state
board of health after inspecting the
county jail had threatened the coun
ty commissioners with indictment
Tho 69 jails recently inspected
did not include Meck enburg’s prison
which scored 53- This was admitted
ly low. There are several which
scored worse, but no jail in a county
of so many virtues as Mecklenburg
has made a record quite so bad. Mrs.
Kate Burr Johnson, commissioner of
public welfare, said that her depart
ment bad not threatened any indict
ments, but had found numerous vio
lotions and as the inspector always
docs, he asked the authorities to
clean up, to obey the law and get the
jail in proper shape within a certain
time.
The department of public welfare
by arrangement with tho state board
of' health scores the prisons and
other institutions which come under
the state’s direction. When the
board finished its count in the Meck
lenburg basti’e it turned it over to
the welfare department. There ia
nothing unusual in the report, Mrs.
Johnson said today. It is exactly the
kind made in numerous inspettions
and the conditions imposed upon
Mecklenburg arc identical with the
others.
Southern Pays Quarterly Dividend. ’
* New Yqrk, Dec. 10.—The Southern
Railroad Company today declared p'
quarterly dividend Os $1,75 on 'com
mon stock, an increase of 00 cents a
share. This aotlon puts the stock
on a $7 basis, compared with the pre
vious $5 basis. Divlndends are pay
able February Ist to stock of record
January oth.
If 4t first you don’t pick winners,
don’t try again.
The Concord Daily Tribune
Honored
Mv*’ SSSm '
Julius E. Olson, professor of Scats
llnavian languages at the Uni 'eraitj
rs - Wisconsin, has been made s
knight of the Order of St. Olaf to
King Haakon of Norway. This it
IU recognition of, his service in the
-Raid of Scandinavian activities.
HELL MED
BY MIME
About .One-Third of Busi
ness District of Town Is
Razed by Fire Which
Started Early Today.
Wendell. X. C., Dec. 10.— UP) —An
early morning fire here today razed
cne-lhird of the business district be
fore it was brought under control.
Engines from Zebulon and Raleigh
answered n call for help and the blaze
yns said to be under control shortly
after 4 o’clock.
The fire ate its way through six
Stores, doing an estimated damage of
SIOO,OOO.
THE COTTON -MARKET
Renewal of Nsar Month Liquidation
and Southern Sailing st Today’s
* OliVntlu
Sew York, Dec. 10— UP)—' There
wan a renewal of near month liquida
tion and southern selling in the cot
ton market at the opening today, and
a further decline in prices. The ini
tial tone was barely steady at a de
cline of i> to 12 points, and the ac
tive months soon showed net losses of
13 to 28 points, with December selling
off to 19.40 and May to 18.88. De
cember notices amounting to about 1,-
400 bales were reported in circula
tion. which probably accelerated liqui
dation of long accounts, and the weak
ness of December in wbich trading
ends at noon today, appeared to pull
down January.' Covering and trade
buying gave the later months a rela
tively steady tone, bnt prices were
within a -point or two of the lowest'
at the end of the first half ho/ir.
Cott' n futures opened barely steady.
Dec. 19.60; Jan. 19.05; March 19.21;
May 18.92: July 18.68.
I’ardon Commissioner to Investigate
Mansel.
Asheville, Dec. 9. —George Robs
Coil, superintendent of the state
prison. Raleigh, has written the
Asheville Prison Reform association
the following letter regarding the
egro prisoner, Alvin Manse', who
was recently sentenced to death fol
lowing trial and conviction in su
perior court here on a charge of
criminal assault on a while woman.
It. was alto he who precipitated the
first mob hist summer which broke
a precedent long standing in Ashe
ville for peacefulness:
"With regard to Alvin Mansel,
now confined to the safekeeping de
partment, of this institution, I ad
vise I have talked with this prisoner
and he ful’y maintains his innochfice
“l am advised by the commission
er of pardons that he "will make a
thorough investigation of this case,”
A number of Asheville citizens
have requested the local association
to look into the matter 'of persostent
identity of Manßel. The prison re
form association is impressed with
the fact that these requests come
from sources outside its membership
Capture Still at Home of Negro
Preachet.
Hickory, Dec. 9.—Federal officers
making raids near Hildebran cap-,
tured a still at the home of Hosea
Hildebran, negro preo-nher, and con
fiscated several pints of whiskey and
around 200 ga’lons of beer which -
they found buried under a woodshed,
near Hildebran’B home. The negro,
who has been preaching for about
30 years, took his Bible to jail with
him, the officers said.
Extreme Earth Tremor Recorded.
Chicago, Dec. 10 —UP)— Extreme
earth tremors at 8:33 this morning
were discerned by the seismograph .at
the University of Chicago. The most
intense slock w*b recorded at" 8:40
with total disappearance a minute
later. It ia eatimated that the
tremor covered a distance of 2,100
miles.
i Two Sections
Ten Pages Today
Interstate Commerce Commission
Sends Annual Report to Congress
Washington, -lice. 10.—UP)—Con
gress was asked.’ today by the Inter
stale Commerce Commission to repeal
(lie law requiring it lei. work out a
liian frr consolidation of all thccoun
try s railroads into a score or l so hr
systems. At the same time, it sug
gested that the seetions of the trans
portation aet which contemplate the
gradual eonsoliilatisn of existing rail
raids into fewer systems lie strength
ened and extended, witfi the commis
sion retaining power to approve or
disapprove the mergers undertaken.
The commission's views were set
forth in its anrinnl"ret>ort, made pub
lie today, along ulth the text of legis
lation whieli it considered likely to
accomplish the.end desired. The ma
jority of its members now believe.’
♦be report said, that "results as good'
ami perhaps better nre likely to be
accomplished with less loss of time if
■the process of etfnsoldatiori is per
mitted to develop, under guidance of
the commission" in a normal way. i
In every" ease, the report stated/
federal power to allow or block any
particular consolidation should be
lodged in the commission,' in order to
make sure that better servidh, addi
tional economy, and no undue re
straint of competition may result.
|n its other annual recommenda
tions to Congress, tho commission re
peated suggestions that a penal stat
ute be enacted to punish shippers win
bribe railroad employes to obtain car
service; and'that the sechons of the
merchant marine law winch provide
preference for Ameriean shipping in
the maintenance of export and import
rates be modified.
Reviewing its routine work for the
fiscal year, the commission said that
railroad darnings were still below a
fair return standard on the basis of
the value of property but that better
results were in prospect for the pres
ent fiscal year. Railroads in 1924,
it pointed i.sit, failed to obtain as
Motorists Asked To
Aid Police Officers
SUPREME COURT PROVES
DEAF TO TROTT’S PLEA
Pica of Drunkenness No Excuse For
Killing Newton Girl.
Raleigh. Dec. 9.—The plea of Wil
fong Trott, young Catawba county
white man. that he was dead druhk
when his companion drove an gutnmo
Wlik-tottrw ommng the death
of 15-yea r-tild Evelyn Rowe, of Xew
toii, failed to impress the supreme
oqtirt, which this afternoou affirmed
a 'judgment of Catawbn superior
court carrying a sentence of from ten
to fifteen years in state prison for
second degree murder.
Trott mid his companion, Robert
Michael, Were jointly. convinctcd in
Catawba court last spring of murder
in the second degree for the death
of the young girl. Michael, who was
driving the ear, accepted his sentence
without appeal. Trott, however,
sought a new appeal on the ground
that the lower court was in error
in convicting him of the second de
gree offense.
He. insisted that because he was
intoxicated, and asleep oil the back
seat of the car at the time of the
killing, he was not responsible for the
consequence of Michael’s reckless driv
ing, and therefore guilty of only man
slaughter at the most.
The supreme court found, however,
that Trott’s intoxication was volun
tary and “voluntary drunkenness usu
ally furnishes no ground for exemp
tion of criminal responsibility.”
J)t noted from lie record that the
cir was in tie cl .urge of Trott, but
that he, shortly be,'ln re the fatal acci
dent, had directed Michael to take thq
wheel.
"He helped procure the wtskey and
was responsible at least in, part for
Michael’s condition,” the court held
"After making Michael his chauffeur
and aiding film ‘to get nway’ from a
garage, he can not now declaim re
sponsibility for the operation of the
ear under circumstances from which
may be implied, the malice that dis
tinguishes murder in the second de
gree frem the lesser crime of man
slaughter.”
Woman is a thing of beauty, and
an expense forever.
NOW IS THE TIME
x '
Ti> Subscribe Stock in the 75th Series of the
Concord Perpetual Building & Loan
Association
Books open at Cabarrus Savings Bank, Concord and
Kannapolis, N. C.
Thirty-seven and a half years successful business. Hun
dreds of homes built and paid for, and many thousands of
dollars saved through this old reliable association.
Take stock with us now and be ready for your check
when our 75th series matures.
If you want to build or buy a home there is no better
plan than the B. & L. plan. v
25 cents a week carries one share which amounts to
SIOO.OO in 6 1-3 years. Prepaid shares at $7&.25 will grow
to SIOO.OO in six and one-third years. ALL TAX EX
EMPT.
North Carolina’s Leading Small City Daily
CONCORD, N, C„ THURSDAY, DECEMBER 10, 1925
much net income as they did in 1916,
in spite of tritffie and investment in
eronocs.
"A partial explanation of these dif
ferent results nenrly a decade apnrt
is that, in 1916. the priqiortion of
revenues going into the payroll cf
I'.iese roads was 4U.S per cent.” the
report said, "whereas iu 1924 If. was
47.7 per cent. The increase iu costs
of material ami supplies and ether
expenses, and an inerense 'ln .t>xes,
generally account for the,remainder.”
: In tile endeavor to enforce new
safety requirements upon railroads,
during the last fiscal year. 609.4
miles of line were equipped at the
commission's order with automatic
train eontrol devices, the report Con
tinued. A slight teiinet’iori in the
lyimher of accidents a! grade cross
ings also was noted, from 5.218 in
1923 to 5.217 in 1924.
In its task of fixing the valuta* iori'
of the railroads of. the country- under
taken several years ago, the empihik-.
sion reported considerable progress.
With ' respect to. steam railroads'. 63
per cent, of fie accounting reports.
7<j per cent, of the engineering re
ports, and 04 per cent, of the,: land
icporttv have been completed, while
work on (ho balance was said to be
well advaneed. 'Die valuation work
is linked with Hie reeapture by the
United States of half of railroad earn
ings which exceed a "fnir return" amdl
this was declared to have hrbnglit i
payments of $5,941,3.39 to tho treas
ury. where they are placed ill a rail
road contingent, fund.
The issuance by railroads of securi
ties having a total par value of $967,-
777,000 was approved during the year,
and among the more important of ill
activities directly touching rnilroow
charges, the report noted action tag- 1
en under the Hoeh-Binith congression
al resolution, whieli directed investi
gation particularly of rates on agri-’
(Continued on Page Bix,>
Chief Talbirt Urges Pub
lic to Co-operate With
Officers in Enforcing the
Traffic Law.
NEW SIGNS ARE
CONFUSING NOW,
But They Are Expected to
Prove Benefit to Motor
ists After They Have
Been Used Longer.
. Chief of Police L. A. Talbirt is
anxious to have the people help him
in the regulation of traffic in Co*
eord. It is only through co-operation
that traffic mhy be handled effective
ly, declares the Chief,
W*th the installation of the new
signal lights, a new era in Concord's
civic life has begun, it is pointed out.
Heretofore, the city was on a small
town basis. It was every man sos
himself hi traffic. Now, there is to be
an orderly, systematic arrangement,
similar-to that in the larger cities.
“What we mujrt have.” . said the
Chief this morning in talking of the
city’s problems, “Is the assistance of
all drivers of motor vehicles and of
ail pedestrians.” -
“It is necessary forlthe, first class,
the drivers, to he very careful in their
observance of the signal lights. (>f
course we have our officers to .'enforce
the laws and a penalty for tfie iioii
obeyanee of these .enactments.. How
ever, there are many*]>eople who try to
flip off a fraction of a second by at
tempting to get across before the sig
tfilj changes while the bell is ringing
or Wart off just before the ‘stpp’ light
changes ‘to igo’. These are the peo
ple from whom we need eo-operation.
"It should be remembered that one
case of thoughtlessness, similar to the
above, may cost the life of a child.
Naturally, if an accident were to oc
cur, the person who had violated the
law would be liable to the full extent
of punishment. *
“Pedestrians, also,” added th»
Chief, "should be careful to watcli tho
changes in street signs and-cross mi
the side where the ‘stop’ signal i«
Signing $300,000 Contract
1 ' * Jm
frWW N Wm
B ••"• :•? wmi%M & -
jpf
.»;v •- *" -
Tho pon stroke being made by the eurly-haired gentleman in the picture means just $300,000 in his young
I so. The gentleman in Red Orange, and he's signing a contract to appear-in movies. About him \V. B. Shal
lenberger; who holds the contract; Hnrr.v G. Kosch, his attorney, and (’. C. Pyle, Orange's manager.
1150,0(10 Burn
SIVMHH GORPMIT
The Southern Fetilizer and
Chemical Co. Damaged
by Blaze That Was
Fought Long Time.
Savannah, Ga„ Dec. 10.—C4>)—Th<
plant of the Southefti Fertilizer &
Chemical Company on Mutehinson Is
land in tlie Savannah River here, was
damaged by fire early today to the es
t mated extent of $750,000.
The fire fighters were handicapped
in combatting tho flames due to the
position of tlie plant on the idnrni.
l.and apparatus was dispatched from
ilie city to aid fire tugs whieli played
stseafits’ of water bn the burning
structure from tlie river.
OFFICERS RAIDED ROOM
OF VISITING BANKERS
Report Finding of I.iquor in Room m
Hotel at St. Petersburg. Fla.
■ St. Petersburg. Fla., Dec. 10.—(A>)
—A room in tile Soreno Hotel, con
vention headquarters of the Invest
ment Bankers Association of Ameri
ca was raided last night by three Pin
oles county officials and a quantity
of liquor seized, officers announced to
day
The liquor, they said, was in pos
session of .las. E. Goad, executive Vice
President of the St. Paul Chamber of
Commerce. Mr. {load. the officers
added, was not arrested last night, bnt
they were quoted as saying “\xq are
leaving for Clearwater at noon to ob
tain a warrant for Mr. Coad’s arrest.”
Clear water is the seat of Pinblas
County.
TWO INSURGENTS ARE
OUSTED BY REGULARS
Representative Lampert ami Represen
tative Nelson Removed as Chairmen
of Committees.
Washington, .Dec. 10.— UP) —House
republicans today ejected two mem
bers of tlie insurgent group from chair
manships of committees in completing
its organization.
In completing its organization the
majority party removed Representa
tive Lampert from iiead of the pat
ents committee and deprived Repre
sentative Nelson from his place as
chairman of the elections committee.
Both arc Wisconsin republicans.
81,500 Attended the State Football
Games.
Raleigh, Dec. 10.— (A>) —Thirty-five
games in North Carolina during the
1925 football season brought together
81,500 persons. The figures, com
piled by unofficial estimates, show that
.ull previous records for attendance
were broken. Each individual out
standing game this season attracted
a larger crowd than in preceding
years. The greatest attehdanee was
at the Carclina-Virginia Thanksgiving
classic, when 18,000 personsi watched
the Cavaliers and Tarheels battle to
a 3-3 ties. In 1923. 15.00 persons
saw this encounter at Chape! Hill,
the game being played on Virginia
territory in 1924. The next largest
attendance of the season was at the
Carolina-N. C. State games in Ra
leigh. when 8,000 saw the encounter.
On the sidelines for this game last
year were 7,000.
Andre Beaiuiicr Dead.
Paris, I>ee. 10.—C4>)—Andre Beau
nier, critic and novelist, died today
lighted. In this manner, they will
lessen their ehnnees of being injured."
White lines have been painted at
nil the intersections where there has
been an installation of the new eig
nals and motorists are asked to be
careful in the observance of these
traffic lines.
At each of the corners, with the
exception of the one nt the “Square,"
a left turn may be made.
RENEWS WORK AT
STONE MOUNTAIN
Work Which Was Halted
Some Time Ago Is Re
sumed With Augustus
Lukemann as Sculptor.
Stone Mountain, Ga„ Dec. 10. —OF)
—Work was resumed here today on
the gigantic Stone Mountain Confed
erate Memorial, with Augustus Luke
mann. Virginia sculptor, ie charge of
tlie work. Resumption of car dug was
accompanied by ceremonies partici
pated ill by officials of the Stone
Mountain Memorial Assrcintion, Mr.
l.ukenmuil, and Justice Price Gilbert
of the Supreme Court of Georgia. Jus
tice Gilbert, acting as personal repre
sentatim' for Gov. Clifford Walker,
gave the signal for the ill-ills to start,
by waving the Stars and Bars of tlie
Confederacy. •
CHURCHMEN ADD FUEL
TO PROHIBITION BHYZE
Dr. Clarence Wilson Says it Would
Have Bern Better to Have Nomi
nated Smith.
Washington, Deo. 9.-—More fuel
was placed beneath the capital's
boiling prohibition pot today when
the board of temperance, prohibition
and public morals of the Methodist
Episcopal church assembled in the
Methodist building for its annual
two-day gathering-
Tlie meeting, attended by promi
nent ministers and laymen franc all
parts of the country, as told by the
board’s secretary, the llev. Dr. Clar
ence True Wilson, that lie personally
wished "wished we had let the dem
ocrats nominate Ai Smith on a wet
platform" ia .the 1924 campaign be
cause John W. Davis and Charles
W. Bryan, who made up rite ticket,
were "too good to waste on the
situation." It would hove been bet
ter. lie said, to have had "Smith,
the wet Tammany heeler,,’’ defeated
by about 12,000,000 votes, as this
would have "toned up moral senti
ment” and been a pronounced de
cision for enforcement.
NUMBER OF MEN ARE
REPORTED TO BE ENTOMBED
Miners Are Believed to Have Been
Trapped in Mine by an Explo
sion.
Birmingham, Ala., Dec. 10—(A*)—
A number of men are reported en
tombed in Overton Mine No. 2, Ala
bama Fuel & Iron Company property,
twelve miles south of Birmingham.
Tlie men were said to have been
trapped by an explosion.
At the offices of the company here
it was said that "no details were yet
available?”
Later it was said seventy men were
employed at this pit, with sixty ot'
them "below."
Sub-Standard Ice Cream Barrel
From the Market.
Raleigh, Dec. 9.- Sub-standard
grades of ice cream will no longer be
gliowed oil the market, it was decid
ed this afternoon .by the state board
of agriculture, which also agreed
that it would not sell any land on
any of the test farms before the next
meeting, in July, 1926. The bonrd
also approved Commissioner Gra
ham's rejiort and discussed reforesta
tion, in which the members possessed
an interest.
Commissioner Graham's recent
rulings on fertilizers were approved
and a rule adoptted looking toward
tho standardization of packages in
marketing. The board rescinded a
ruling made 211 years' ago whi.nh for
bade the gTving out of amounts re
ceived for fertilizer tags at any time
before the end of each fiscal year.
Will Keep Embassy at Vatican.
Paris, I)cc. 10.—C4 3 )—The French
chamber of deputies today voted 280
to 108 to maintain the credits for the
upkeep of the French embassy at the
Vatican.
WANTS LEAGUE AND
AMERICA TO UNITE
So That Naval Arms Con
ference arid Land Arms
Conference Both Can Be
Held In Near Future.
Geneva. Dee. 10.—(A 3 )—An intense,
cordiale, between the-league of nations
nnd tile United States for reduction of
armament was advocated by Afrnnio
Melio Franco. Brazilian member of the
league council, in a statement to the
Associated Press today.
Under this proposed intentc, the
league would collaborate in a second
naval conference in Washington, nnd
the United Stales, would co-operate iu
the general land disinrmaucu
ence now being planned by the league.
INHERITANCE TAX IS
ATTACKED IN SENATE
Senator Underwood Objects to Feder
al Government Collecting Such
Taxes.
Washington, Dee. —OP)—The Fed
eral inheritance tax provision of the
pending revenue bill was attacked in
an address here today by Senator Un
derwood. Democrat, of Alabama, as
“communistic" in principle and in un
warranted interference with state's
rights of taxation.
Addressing a committee of the Tex
as legislature here to oppose the in
heritance tax provisions, and repre
sentatives of a dozen other state leg
islatures, Senator Underwood oppos
ed particularly tile feature of the pro
posed tax by which the Federal gov
ernment would allow a credit up to
tin 1 maximum of 80 per cent, of its
estate against that collected by a
state.
Negro Sent to Jail When he is In
able to Become Buzzard.
Richmond. Va., Dec. • o.—Sam
Washington, negro, was sent to jail
today because he could not turn him
self into a buzzard.
Sam was haled before Justice
Henry Maurice in South Side Police
court on a charge of obtaining sls
from a negro women whom he told
he could turn himself into a turkey
buzzard and obtain the release of a
friend from jail.
“Open that window,” Justice
Maurice instructed a court attache,
and turning to the prisoner said:
"Negro, if you can turn yourself into
a buzzard fly out of that window.”
"1 was jes’ foolin,” jedge, I can’t
turn into no buzzard," Sam answer
ed. whereupon lie was remanded to
jail to await further investigation of
his ease.
Makes Charge Against Turks.
Geneva. Dec. 10.— UP) —Atrocious
acts of violence going as far as massa
cre have been committed by Turkish
soldiers along the provisional frontier
of Mosul ill northern Mesopotamia.
Gen. Laidoner of Estlionia, special
league of nations agent, declared in a
report submitted nt today's session of
the league council.
Senator Harrison Attacks Dawes.
Washington. Dec. 10.—(A s )—Vice
President Dakes was the target of
a satirical attack made from the floor
of the Senate today by Senator Har
rison. Democrat, of Mississippi, who
quoted speeches of the vice president
in his tour over the country for a
change of Senate rules.
Earth Shock Recorded in St. Hauls.
Bt. Louis, Dee. 10.—(A*)—Central
America probably was the center of
the severe earth tremors reported at
St. Louis University between 8:25 and
•>.-38 this morning, seismologist Jas. H.
McElwan said. He estimated the dis
tance at 1,700 miles.
Headed by M. Paul Apipell, rector
if the University of Paris, a num
ber of French scientists have signed
a protest against the verdict given
in the Scopes trial at Dayton, Trim.
' ' »
fft£ TRIBUNE ( ,i
PRINTS
TODAY’S NEWS TODAY!
NO. 292
'PLANS SETTLEMENT
i OF GERMAN CLAIMS.
' FUR WAR DAMAGES-
Awards Decided Upon by
Mixed Claims Commis
sion Will Be Acted Upon
Very Soon.
GERMANY WILL 1
PROVIDE MONEY
For Claims Will Be Paid
by Reparations Money
Paid to United States by
the Germans.
Washington, Dec. 10.—(A>)—In ov
dcr to accomplish early payment of
awards by the American-German mix
ed claims commission. Secretary Mel
lon has worked (jut a plan for restora
tion to German nationals of property
seized during the war. together with
the issue of securities with which to
provide cash for a settlement of all
classes.
Details are yet to be determined,
hut the program has gone far enough
to forecast its early submission to
Congress.
The plan would permit issue, of
about >-150,000,000 in securities guar
anteed by the U. S. government, but
designed to be liquidated eventually
through payment from the share of
America in reparations payments and
receipts from tiie German payments
on American army occupation costs.
The Secretary believes, therefore, that
no new drain would be made, on the
American treasury.
The alien property custodian con
trols about $150,000,000 in cash or
bonds representing the original prop
erty seized by the American author
ities, exclusive of property seized, but
not converted into cash.
There is in addition about $30,000.-
000 in the Treasury representing earn
ings on thejunds held by the proper
ty custodian prior to March 1023.
wlien an act of Congress provided for
distribution to the German owners of
subsequent earnings.
It is now proposed that the $30.-
000,000 will ho used to pay on the
American claims awarded under the
mixed claims decision. The next step
would be the transfer of about $50.-
000,000 in new securities to the alien
proiierty custodian for an equal
amount of cash \vh'«4» likewise could
be applied 1o American claims. ■ 1 ’ ■
With Our Advertisers.
Efird's stock of toys, dolls, ctel, is
complete in every detail. You will
also find at this store* hundreds of
gifts for every members of the fam
ily. Make up your list* and visit
the Store, which will be open every
night until C'.iristmas. :
Gifts of Jewelry always please. The
stock at the Starnos-Miller-Barker
Co. is complete right now—better
go at once . and make your selection, t
Os course the prices and quality are
right. * - •
H. B. Wilkinson, the furniture man,
will give away absolutely free a White
Sewing Machine on Saturday, Decem
ber 12, at 4 o’clock. See him for
particulars.
The Carolina Land Co., auctioneers,
will sell at auction Saturday, Decem
ber 12th at 2 o’clock p. m„ some val
uable business and residence property,
lying on the national highway in the
neighborhood of .the Hartsell Mills.
There will be four sales. Sec half
page ad. In today’s paper for partic
ulars.
If you can’t spend Christmas with
the home folks, send them your photo
graph. See ad. of the Boyd XV. ("ox
Studio.
If you will read the ad. of S. W.
Prcslar in this paper, you will see
some surprisingly low prices on Christ
mas things.
Burr Xiekle (himself) at the Con
cord Theatre Friday and Saturday in
“Wonders of the Wilds.” Also Ae
sop’s Fables and a good comedy.
Prices, 15, 40 and 50 cents.
The Cabarrus Cash Grocery Co. has
just received another car of tliatt
good Spartan Feed.
Bankers Hear Committee Report
St. Petersburg, Fla., Dec. 10.— UP)
—The federal taxation eominitee of Vie
Investment Bankers Association of
America, in convention here today,
submitted its report containing many
features, and regarded as one of the
most important issues placed before
the delegation.
Their report contained many of the
principal features Introduced in the
administration income tax amendment
in the House Ways and Means com
mittee, announced in 'Washington on
Monday. , j
Tiie scandal bird is usually a mem
ber of the lyre family.
SAT’S BEAR SAYS I
-
Fair tonight and Friday, colder
tonight, slightly warmer Friday lo ex
treme west portion. Moderate t»
fresh northwest winds becoming vari
able.