Newspapers / Gastonia Daily Gazette (Gastonia, … / Gastonia Daily Gazette (Gastonia, … / Feb. 20, 1922, edition 1 / Page 1
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ELY GAZETTE p Weather: i Cooler Local Cotton 17 Cents VOL. XLIII. NO. 43. GASTONIA, N. C, MONDAY AFTERNOON, FEBRUARY 20, 1922. SINGLE COPY 5 CENTS GASTON ADA HOUSE LEADERS DISPOSED TO LET BONUS QUESTION STAND FOR TIME BEING Framers of Measure Waiting' on Public Sentiment to Fa cilitate Their Tank Wheth-I er Bonus Is Passed or Not Army and Navy Costs Will be Reduced. (By The Associated Tress.) i WASHINGTON, Feb. 19. Tlio sol-j diem' bonus situation continued today to' be so nebulous that Itcpuhlieau house leaders still were unprepared to venture 1 even a guess as lo what plan, of financing ultimately would be agreed upon. It was understood to be their disposition to lot j the question simmer a while longer in thui hope that sentiment would so chape it self as to facilitate the tank of those who will frame the measure. J t 'developed today that beneath the, surface of tho storm which has raged a round President Harding's suggestion; that the bonus be financed bv a sales taij there 1ms been a lot of quiet talk in sup-; port of tho proposal of some leade rs ' last week that tho legislation be made a general charge against the treasury with! expected savings through cuts in regular appropriation bills relied upon for the I financing of a portion of the initial cost.) "When first suggested by Koprescnta- tive Mondell, of Wyoming, the mn'jorily j bouse leader, this "propoml ."veined to; meet with considerable favor n tucriir the rank and file in the houae. but the idea; became all but submerged by the wave I of talk that swept .through cloak rooms' and corridors after th president ' li t I ter to Chairman ) ordney, of the Ways mid Means committee had icachrd capitol. 'irrespective of the muni:, II. ere ap parently was n ileterniiii.il ion iu the, house to reduce shin ply the estimates fori both the navy and tin armv and that, possibly :)i2o(l',tliHi,iiiiii xv old ho erf out; of tho supply bitls for these departments' alone, Such a sum, it was said, would! go a long way toward meeting the tirst year's cost of the cash pnynunts to the former soivier men. Views of the majority members of the Ways and Means rn;:ii'tt e on this plan have not yet been publicily developed. These members will meet t miorrow to go into the whole bonus ipies'ion, but an im mediate decision as to how the bonus would be financed is not expected. J'ro ponents of the sales tax, however, are understood to be prepared to force their fight in the committee at the earliest opportunity. Some opponent of Iho alcs levy con cede that there are sufficient votes among the majority members of the committee to report out such a tax, but declare the question of expediency must enter into the final decision. The lirst considera tion, they said, is the probable effect of such a tax on the minds of the people generally, nnd the second the known ef fect that will be produced aiming repub lican members of the hou-e. If such a tax is proposed to a party conference, the opponents a1-- rl they will renew the successfully in 1!)0 when the seated with a ing to win iu their fight won fight whieh was waged a similar (onference iu lirst Inn, us ill was pre ales tax attached. I'.-i i 1 -t he caucus. hey d"i la re d be eai r i d to the floor of the house w it h I he i x I most solid support from the of ul IVn.o, ru I s. ft is understood to b leaders of th" agi ieuil ura I committee will report on' a any specific provisiiiii for funds ns the senate finaia did last vear. Presidi nt tn lie of ,!-,. that Hie bill without raiding the c c inimiit ! i e Harding lias said that lie could not look wnh fav-ir on n measure Hint did not eniry wars of financing it, but il was undeiMon.l to be Hip thought of cini" of the snppor'rrt of such n liill t'tat witn a large sum made available through rcilm lions in t tie estimated cost of n inbirting the regiil.-r government rstnhli-hmont n vitiation would be created which wo il I remoxc executive objection. MR. HAKN SELLS INTEREST. Disposes of His Interests to Messrs. McArver and Leap trott and Miss Copeland v Condition of Health Is Rea- son For Change. Mr. K. X. Ilahn, xxho lias been pn si dent and manager of the (iastunia Fur niture Company, hns :old his interest to the Other stockholdei s, M.-rsrs. .I. V. McArver and W. .1. Iaptrott and Miss Georgia Copoland, according to .-nniouivr ment made today. Mr. Halm is retir ing from business activities on account of the condition of his health. Mr. Me Arver xvas elected i. resident and mana jrrr, Mr. Leaptroti. vire-Kosident nndj (Kv The Asstsiated Press.) Miss Georgia Copelaiid. si-cretary and; WASHINGTON. Feb. SO. Waller treasurer. The film will (onlinae ii it ;N. Heddii-k. president of the lutern.'i ler the same n-.me. fr. ILihu has made tional I!rotherlinod of Hookbinders, made no announcement 'as to his future busi- ( public today n letter which he said had vacw connections. ; been sent to Chairman McCumber, of 1 j the Senate Finance Committee, irotest 30 WITNESSES IN LEXINGTON ing agniust the writing into the .ending HOTEL FIRE HEARING, 'tariff bill a provision contnung the pre RICHMOND, Va.. Feb. 2U. A sr-,eiit principle of basing duties on foreign rial grand jury in Hustings court be re market values. fwlay Iwgan an investigation into the. The letter raid that should reports that lire on February 7, which destroyed ththis valuation principle had lx-cn tenta 'Jjcxinrton hotel and caused the death of !tivelv agreed uiKin prove true "the Am- 32 s r ons. The jury bad before it a , voluminous report by the police depart- ! ment, and 30 witnesses, many of whom ' were guests in the hotel at the time of the disaster, liave been summoned. j i ininle goo'ls have sui.plantcil tlie proii 1 nnii.ir. ji.- .uw, s.,... w SH0T BROTHER WHO lucts of their Libor. j lieved iu the modilhatiou of the ol- OUARRELED WITH HER. I "lu the naim- of and for the prosper- j stead law. , NEW YOUK Feb 20 -Lena Kusho, ilv of the American workers," the letter ! "I m U) favor of morality, be said, 18 years old was armrtcl to.l.iy cluirged cu'itinued. "we appeal to you to change j "and I I-ersonaly observe the A olstwl with shooting her 21 vear old brother Al- i your attitude on this question. Millions ( law. but I am opiosed to putting Humpt fonso. in their home 'iu Brixiklyn during ' of skilled Americans have lieen looking i nary- laws of so drastic a character in a quarrel which started when lie up- I to Congress for relief through the adop- the constiutution. It partakes of the ohl braided her for lieruiitting a voung I tioa of a new. tariff law with duties ! philosophy that matter is inherently man to rail and remain bt-. Alfonw which will adequately protert and which evil. 1 am not sieakiu in the interests as taken to a liosrdlal wito two bullets r will prevent much of Hie present uucm- j of the underworld, but thu iuterest of in his IkhIjv ploynitut." . 1 intelligent, upstanding uieu. " "GRADUATE" BURGLAR IS CAUGHT ON A JOB PROVIDENCE, R. I., Feb. 19., Discovered while at work drilling holes in a safe in St. Patrick"! Ro man church here early this morning, Charles Benson, 39, who possess! what purports to be a diploma from a San Franciaco ichool for burglars, was surrounded by a cordon of jo lice in the church and taken into cus tody after a struggle in which the jo lice say it was necessary to use a cub on the intruder1! head. Among possession! claimed by tt man, and taken from a checking room in a railroad illation here, are several correspondence course lessons in how1! to fce a ourgiar, a aipioma siijiuiy ing that Benson is a graduate, and a full line of burglar tools, flashlights and other unusual equipment. SECRETS OF THE MORMON TEMPLE ARE DISCLOSED Mrs. Lula Loveland Shepard Addresses Large Audience of Women at First Baptist Church on Menace of Mor monism Marriage Cere mony Is Described as Loath some Speaks at First Presbyterian Church Tues day Evening. Coming as many present crets. " as re a gripping revelation to "Mormon Temple be-! ealed bv Mrs. Lulu Love-! land Shcpard, representing the .National , Kct'orm association in its unti-Mornion I caniliaign. stirred the union congrcga- thojtion of women in the First Baptist i Jn each case tin- name of the indivi I church lure Sunday afternoon. Every j duals making the returns, large or small, seat iu the church was taken ami iucnrc withhold, the law forbidding publi large audience of women beard Mrs. i ration of income tax details, fsheparjl with intense interest. ( ,'oinmissioner Blair shows 1hat in the With the declaration that the south isj calendar year 19111 individuals in North providing more and more recruits to tho Carolina paid a total approximately ten Mormon cause, Mr,s. Shepard awoke in- millions, the exact figure being $10,010,- torest that was heightened and maintain- as her revelations progressed. Known as one of the best Protestant authorities upon the doctrines of Mor monism now claiming upward of 1,000,- illlll U in till., cniiiitrv t lli KDl'ttk- I.. ttPnf,t tn hide the met hod bv which she became familiar with the! secret rites, handclasps, insignia, and other means used by the priesthood ol that cult in gaining adherents under binding caths. It was through Her nurse, she said, who had been reared a Mormon, and upon her death bed con lided in Mrs. Hhepard those secrets she said so few have been able to obtain. "Many do not believe that Mormons exist iu this section, until they are shown to be operating under the name of Latter Day riaints, " she asserted, de scribing how iu various southern cities she was able to designate a number of these .Mormon churches where the Prot estant churches, had not dreamed them ! auctioning. ' ' 1 iii.nn the Mormon lu In r warfare cult, Mrs. tshepur, stresses her charge, that polygamy, although renounced pub licly bv the sect many yearn ago, still exists nil-1 is to be seen openly in I'tah. Particular interest iu the appearance of I his noted lecturer exists in North Carolina by reason of the fact that her mother was raised a North Carolina!!, coining from Statx'sville. Asked to lb-scribe what grips the peo ple xx ho are drawn oxer to embrace this belief. Mis. Shepard based it upon the poxvi-r exerted by the mystic signs, grips, symbols and oaths, that work upon the -iiseeptibilitie.s of those of certain men tal processes xvhile the aspiration for power leads those of other classes to en ter upon the life in the hope of secur ing leadersaip and personal remuner ation. One of the very few who, once becom ing Mormons, have renounced their oaths in disclosing tin A. C. I.alimir. secrets ot the temple, IS j who has taken the plat-1 form for the N tional Heform assoc a-1 I ion, lax dig bare his experiences and those of his wife upon being ushered in l:u?'c to the famous Mormon temple at Salt it v, Utah. iii.oo' the oat lis r. -mil red ot him was ue of disloyalty to this country, he .Sets tuth in a record of his experiences, looting the words of the oath as follows: Vou and each of you do covenant and , bonis, that you xvill avenge upon this njtioi, tl.e blood of tin- prophets an I that xjtm wiM teach the same unto your chil i Jfrt-ii and to your children's children un jtil tic third and fourth generation, that1 you xvill pray and never cease to pray to 1 Almighty tiod to guide the hand of our I prophet against this nation'1 All those ! who enter the temple as converts are re ' ipiired to suh.srribe to this oath, he sets ! forth in his article upon the temple se crets. SAYS UNEMPLOYED LOOK ' FOR NEW TARIFF LAWS. erica ii ism at the members of your com mittee can well be questioned by those millions of American wxirkers who bavr Id-en without employment for many months due to the fact that foreign i fuNLY TWO TAR, HEELS PAY TAX ON INCOMES $500,000T0$750,000 Three Others Had Incomes of $400,000 to $500,000 13 of $100,000 to $150,000 Largest Number of T a Heels in Any Class, fHad Between $2,000 I $,Q00 Income. 6.66V, 7 it iiiJr arev IPAWTUXET MILL STRIKE AT ciiOf, published tonight income tax fig ures for the calendar year 1919. and his' riirirO milll I HIV III k HIT statement, covering the 4S States, showed , JCllblVtO tUI.IT AN I I LAll I that this year was uie of prosperity, the slump not having hit business until 1920 j and 1921. I North Carolina did not report any in-' dividual taxpayer with an income of a1 million dollars iu that year, but the re-' turns indicate that there; were a number i of heavy taxpayers in the State, For instance, two Tar Heels reported on in-' comes between $5U0,)0U and $7o0,000 for the year; three had incomes between $400,000 and .-H0,i)U0 ; five had incomes between $.'100,(101.1 and $400,000; one had an income) between $2oO,()00 ami $.'100,-, 1100 ; three had incomes between $ HO'.).-! 0U0 ami -."0,000 ; nine hud incomes be tween $li",IMW and 200,0U0, and Li had incomes between -ilOO.tiUi) ami $l."0,00ll. The largest number of Tar Heels in, any taxation clas was 6,601 reporting! incomes between $2,000 an,l $:!,00(). Aj total of fi,or2 reported incomes bit ween I 2,oil0 and .t.l.oijo, ju r,st. taxpayers! made returns on incomes between $,'1,000 1 and $4,0u0, with .", 1 70 reporting incomes' lietxvocn $1,000 and ,t2.000. 348. During the same year, .North Carolina corporations paid in income, corporation and profits taxes a total of J!),8O9,"10, making the total federal tax bill in the State for the year nearly $40,000,000. Figures published today include only tin- "''"' and .corporation payments and not other internal revenue taxes. WAYS AND MEANS COMMITTEE REFERS BONUS QUESTION BACK TO SPECIAL SUBCOMMITTEE. Letters and Telegrams From American Legion Come to President Harding j Committee to Go Into Question of i Sales Tax. I WASH I ';T ', Feb. 'JO . Ma jority members of the House Ways and Means Committer referred back today to the , special tax sub-committee the whole 1 problem of how the soldiers' bonus is to! be financed. It was announced the sub committee would meet tomorrow and would go into the ouestiou of a sales I among ouier iniugs Coincident xxith the meeting of the ! committee the statement was made by ;a White House official that many ht Iters and telegrams had reached President ! Harding opposing enactment at this time of bonus legislaion v hile the egislative ! committee nt the American Legion made l public a telegram to the President from j the legion's national commander, Han ; ford MacXeider, asking the legislation ; be no longer delayed . The letters reaching the president op- posing enactment at this time of bonus .legislation greatly outnumbered those 'favoring immediate legislation, it was i said at the White House. Some of the 'opposition letters, it was added, shoxxed, however, a similarity in form. I Commander MacXeider, iu his tele I gram, declared "the negligible minority ! in opposition caicbe traced in nearly rv i rrv case to certain selfish interests in- trenched have the in great financial centers xxho most to lose by defeat a n d who would urolit the most by victory. The comuuiii' gion did not er miuI the American J.e understand "first commit- incut am then retraction,'' on the bonus question The Ilou e Wavs and Means Commit tee members were not expected when ; they met to take up the problem of fi j nances, for several days. Much of the tune tixlay was giv. u over to c insidera timi of the original Fordm'y bill as a mended by a special muIi commil tee . No clulnges iu the live options contained in the measure were made by the sub com mittee, but the question of making more attractive tho insurance, land settlement and home aid and vocational training op tions so tis to reduce the cash payments to a minimum was before the entire committer majority. CHICAGO CUBS TO GET INTO ACTION EARLY IIIC.VGO, Feb. -20. The Chicago I ( N .Violin Is. lirst niajo league club t'i reach the training caini, will get into! Mr. Hammitt strongly attacked the adion on Cutaliua island, off the Cali-j Ford offer, asserting that if it vas ac fornia coast, today. The Cubs arrived 1 ecptc.d the Government would estab rived ate yesterday, and found (i rover li.sh a 'loxver standard of business mor ( h ve'aiid Alexander, star heaver, iujalily, than that ever aproaohe.l by a pri fine condition from his winter training, j vate eiiteririse. " The fust practice M-ssion for the pitch- "It is proiosed to give Muscle ers and catchers, forming the advance squad, will consist of only easy over hand lobbing to get winter bound mus cles loosened. BELIEVES 18TH AMENDMENT ! IS ALL A MISTAKE, i CHICAGO, Feb. 20. Hishop Thom as K. Gailor, president if the National Council of tlie Episcopal Church, said in ! an nddress here last night that he be- lie veil "the Eighteenth Amendment was 1 II.. ..1... ......t !. 1... I. ft PREACHES IS GOING ON ' STRIKE FOR TWO WEEKS BLACKPOOL, ENGLAND. Feb. 20. The Rev. Adam Hamilton, the pastor of the Congregational Church es here, has announced his intention of going on strike for two weeks. He said the empty pews in his church showed that there was something wrong either with his sermons or the church. rnr FIRST DISTURBANCE N Four Young Women Employed in J. & P. Coats Plant Are Intercepted by Strike Sym pathizers Policemen Fire Riot Guns Into the Air Two Are Arrested. (By The AssHH-iated Press.) I'AWTFi'KKT, . 1.. Feb. :Mi. Tin'' tirst disturbance in a w, ek in connect ion with the textile strike oeiurrcd near the plant of the Jenckcs Spinning Company, here today. After four vomit; women ' opcrutiu's had been intercepted by stiikoj sympathizers police olli'crs drew clubs and drove back a crowd that was selling! in toward the mill gates. When the 1 IOB" prtssin commanded by in again t he 'Mil ers Lieutenant of Police W civ Bal with 1 fell Ion to discharge the lie! guns which thev were armed. The ernixi back and 'lid not threaten again. Two men were arretted. Several f those who were in the front ranks sus tallied bruised heads from the police men 's clubs. The four young women, passing the Jenckes plant, were on their way to the .1. and P. Coats, Ltd., mills, nearby, at which there is no strike, wht'a they were intercepted by sympathizers with the strike that is iu effect at the Jenckes plant. The police said that assaults oc furred in each instance and that because of the assaults they drew their clubs. WOULD VIOLATE AGREEMENT WITH AIR NITRATE FIRM For Government to Accept Henry Ford's Offer for Mus cle Shoals Declares J. O. Hammitt, Vice President of Corporation. I I'.y The Associated Press.) WASi. ' NUTON, Feb. I'd. Acceptance by the I'luled States of tin" offer by Henry Ford for purchase and lease of the Muscle Shoals, Ala., nitrate and water power project, ''would const it ute a violation of the solemn and bindii g agreement entcreit into xxitli our c pan.x, under date of June s, I pis," .1 Hammitt, vice president of tie Air om . O. i use I train ( ot iioration, notified the 11 I Military Committee to, lay. 1 ! Mr. Hammitt declared the agroi -u o ut ; j definitely opposed to acceptance by the I (lox'ernment of the Ford olVei. The' i agreement was read from the cunt ract as follows: i "If upon cessation of this xx.,r or f ,r , any other reason t In- Fnited Slates do-; tennin.'d to cease tiie const rud ion, eipiii - I moid, or operation of any of th" said dnuts and to dispose of the same, the agents shall be given the first o.. .rtuni ty (for a leasonable period of time not to excia d six months after receipt of written notice stating I he determination' ot 1 lu- 1 nite.1 estates O dispose o , ame, and the material erms noon ! such disjiosit ion xvill be made., to I chase the same upon as fax-oraMo ! as the 1'nited State, is willing ; I therefor, before the Cnited Slates ; sell the same to any other part-.'." I The witness asserted that, doiiit t tl.e xx hi- h rms I shall : o the' iipini'in of Colonel Hull, acting judge advocate general of the armx, that the agreement w:i "nun and voil" he be- i liexed it would "hold in tho courts,'' i where it would be tested if the gineru j ment insisted upon violating it-i pledge. I Mr. Ilatnmilt explained that the air nitrates corporation, xxas a sub-idiaiy of ! the American I yaiiamid Company, of j Maine, and was created to protect the stockholders of the latter in case corporation "fell down on its tracts," amounting to seven tiine- t ho run- caiiital of the companv, made xxi Ill the i Government during the war. Without the assistance of the txxo concerns, he declared, the nitrate lapnts ,laV( 'm''" erected by the Gov ernment. bhoals to a man who did nothing to de velop that property," he continued, "to give him the cheapest poxver on the .American continent, to carry on a war of extermination against (he company which resigned and built the plants." He oiiiphasi.isl that the company he represented had "lost" money on the execution of its war contracts with the Government. "The contract was written," Mr. Hammitt said, "after conferences xvith Government officers and upon their invi tation." Representative McKen.ie. Kopiiblicun, Illinois, uskn! if the cyatiamid company controlled the patents and sei-ret pro cesses bv which nitrates were manufac tured. "It does," replied Mr. Hammit.4' "The company believed it was doing a I patriotic act in placing tiiewt at the Oov-j eminent 'a disposal at thai time of the j war." . niiniairnfi in run uuaiwtM i) ui int rami ANNUAL KEPORT FEDERAL MAY USE AIRPLANES TO ilDNDOWN RUM SMUGGLERS 0N m mm Lm Prohibition Authorities Plan War by Land, by Air and by Sea on Rum Runners From West Indies and Other Islands Special Force of Agents in Florida. 1 1 w .-i a i rpla n -xar on today I Pr.ihibi! Man rum I'iri 'y The Asw.iciatcd PnaO ll(,T Fob. I'll. -- Fse of - along th,' Florida cast in tho! ' 1 1 : u oi;oi;g!ei was understood " I' un ler , n si. h r ii 1 1 ii a by ion la a.hjuarti rs. ( loi t'i.- ne nf airpl uie, agaiiist,- iron i oh;M i 1 1 understood to be iar( ; t 'cum heing worked ouj n .hi' lionl ii- inxolviiiir ac- of a by I I 1 X I t I S I land, to Mowing i ilian aid the em to th. ,11,. I on the water and I ido i 1 illicit liipic nut i v from West In mi-ion. r II. .i nes and other I lighV pr, do In i ; a, a ollii ia!- n f,i,. today to ift.nl ho! in. ot til. it IX a- alls Wo M'l lion a nt i smuggling ca in indicate. 1 that extra Id lie adopted t o cope or. 'in; with the i ii Florida. I oii,iii;--ioii, i ll.mies, according tn of-li'-ia'-. is piepar. d to utiii.e all possible ma. -him rv available or obtainable to , oinnl.at liic liiiioi runnel s. Oilicials I xx mi i. t not discuss plans for a I'uiuor es cadrillo in Florida imr tie possible for mation dl' an a nt i a Icohulio iiavv molnl l i.cd xxith former nib chasers but the , inarsluiHing of these force in the .Smth j were underbuild to be tentatively de cided upon. I Severn I Uei ks i a vpeoial force the I -nihil assignment of it ion agents to it j r Ion. la xx.is i iu t lie Sou; ii , the progress I been kept a- annonuei d as the first stop I'll campaign, but xin.-e thou of lie smuggling war ha ipii'-t as posiible by author- it n s lu re. j I lire I di rsl o( tors i . J the held forci s, it is nil. I. are anxious to bring into ac of ther units on the Southern turn all coast bet' paign ad glel". re discussing Hie plan of cani .!ed to combat the rum smug- 16-YEAR-OLD HEIRESS TO WED 57-YEAR-OLD SWISS RIDING SCHOOL TEACHER i I ; v- The Associated Press.) CllIi'Al.n. Job. L'o. MalhiMr Me t'nruii'k, lii years old, today had per mission nf her father. Harold F. McCor ni ick, to marry Max Ok"', a horseman of Zurich, Switvrlninl. Mr. McCrmhk an no ed the engagement last night in a t lnr'y ; ! roe xxord statiinent. He said it. ' xas hast. n. d a to of t il- I Oceiit He IX ,s XX.1 i.i r ks bx ti, fact tillbiii it c. I I'lie mm nice of tl ' ihiiighti r of .lol.n 1 1. young grand K ick. folli r, was I pictured by Fmil I.. I'.urgy, Chi igo in- leiior ,b . -1 , XX !l.l '.IX- be s a tirst, is. a luxe oli-iill i f t he S'.vi -s eipi st i in ii, Of S,l i "Mr t '..ra.o slat. . I. ig a ' ( Is. xx .liter. s in! 1 ill, i 1 times Mi.ss Mi . ,; s in,' no vx Sia j.i is ha xe Mr. iluigx. older; ho jas' nn a I I ku..xv.': ,,f th.- M xears old, ii t He i i I am his cotisii, and I In night III list Jilioko tin a. mi ai d s:i i ( xx it. I .I oi m l.-U i 's ,'IUUI olif;ett drfinib it even said last inn ement of Mr. informa so deter- M.'l 'ormi. k followe.l , No lie il s'at.d th' I. do but .1 u as Miss .Mat hi I dan ment I it. :-e of lo I as been I in iiiil: Ii X'. o aid i: erigau' r I :om po .s, a u uiih ss Mr i: k. -'r lh r - nob',- bin-!, That list .'I lid . l.. h is ; l ilt 111. -i. Ill' . m:i b!y la rg.- irdejii ml -as stated by Mr. ', believes that the ii' . :.-N., i Mr. Ibirg .f the ridi P.nrgv si inia reliior master s income at is en oic ous. light name is Max Yon urgv slid. "His father ioiileii.au, 'uunt von 1 'or lo, null ;i ;,r " Max Mr her -M'l Id." xx as a I , or m. a a M let His xvidox mot tier -eiiast ian America nl many ma itu rot ii rm in Isti. 'ba -t ia a I l-s r a!. r -ix i: el ia a I from . r h is - . then . lings ii a ma s.-i . ,k ba.-k b .1 the I years in Am, M If iiiuiited Sebaslian A merii a a ad sa id a sizeable fortune o Sxxitz rland and Cscr's i that lc xxhich h Purgv i, had inh be'ii f that Max ()ser .nsidera!i!i portion of rite it. Ja expia Ifurgx -'a P.r.rgx-. xxa mot lu r. ioiis'iip I fat nor. of Max )s,r, Henry Osi-r's that h broti 20 BANDITS, GET BIG LOOT OF WHISKEY. i I The Assvci;it' d Press.) I.F.NINGTON, Ky., Feb. 2u. Ho txxeon o.i'l and I'm cases of whiskey xvere stolen early lodax from the llscar Popper 1 list i I Ii ry in "oo.lfor. eininty by o ma 'iod bandits xxho held up and tied to posts four guards ami by, according tu reports here. a passer The xal The xx his , trucks. , lie xxas es kcx" was i i mat nrric ed at I a w a . Iii.no'i . v on 1 ii r Cotton Market CLOSING BIDS OTf THE NEW YORK MARKET NEW YOHK, Feb. 2). Cotton fu tures closed strong. March ls.44; May H.I. I; July 17.C5i October 17. Hi; December 17.02. TODAY'S COTTON MARKET Strict to good middling Cotton, seed v ,.I7c, ........ Sic Tim nnnrinn COUPLE, SEPARATED IN LIFE, JOINED IN DEATH GENEVA, Feb. 20. A couple named Stalder, separated for thirty years, have been ioined in death at Kussnacht, near Lucerne. For reasons they never told, the husband and write parted a month after marriage, living in opposite ends of the village, bow ing to each other on the street but never speaking. Recently the wife died. The hus band, on hearing the news, wrote a note asking to be buried near her, and an hour later he was found dead. Doctors found no indications of sui cide and friends said he died of a broken heart. INJURED IN SUNDAY AUTOMOBILE ACCIDENT I i in ". .j i james weaver in City Hospit - al With Broken Lee and Minor Bruises Was Struck by Rev. O. D. Hogin, Who Carried Him to Hospital. lames Weaver, aged Uo, a twister hand at the Oark Mill, is iu the City, llospitpal suffering from a bcokeu leg and minor bruises about the head as the result of being struck bv nil automobile Sunday night about !:oU o'clock. e-j ports frojo the hospital this morning were to the rtTect that he was getting i along all right and that none of his in juries xxas of a serious nature except the fracture of his right leg. The accident iu which Weaver was in jured occurred about J:M last night.: Weaver's car was standing on the side of the road in front of the Kast Has. : tonia Methodist parsonage. Weaver himef was standing beside the ear xvhea ho was sidosxx iped by a car driven by I'ox . (). 1 1. Hogin. The latter stopped and took the injured man at once tn the hospital where he was given medical at tention. ytk FANS WANT BASEBALL LEAGUE IN THIS SECTION Propose Six Club League Em bracing Gastonia, Shelby and Kings Mountain, York Rock Hill and Chester. YOHK. s. C., i-Yb. is. Though a far cry to the jrood old sumnicr time, baseball talk has already broken out in 'oik. The lirst whisperings on the sub- J jeet were hoard diiriug the brief pi-riod of balinx x'oather a nook ago. being plump!. -.1 by tho sight of .small buys Hitching ball and baiting out (lie's., Grown nps became imbued w it It the spir il and began xx raving plans for the ap ' p ranching sea sou Among the .--jigges! ion.s advanced and favorably regarded, is tie idea of a six club league for this si el ion, composed of c'ubs representing York. b'o. k Hill and ' hoster in Smith Carolina ,-nid Gastonia. Shelby and Kings .Mountain In North Carolina. These towns are within oasx reach of one another. In rxrrv oic till re from llltelx I Olllll f r a is much b.i.-obail onthiisia m and surface indications there is nh.su no good reason why each one not support an inexpensive team brief period during mid-summer. Yi rk u nits to Kuou xxhat thev think of th i a . Agitat ion of t he subi. t m., x' I. ad !o som.-thiiig tangible. In c. - o ii,i.' ..r mor of the to.xin me.ition. ,i is doubt);.! of its ability tn finance i.th.r neighboring p!noc might I' i plai. -. For iiislam-e, there is C. i I h ri i ug mill town of m i 'i. i - i xxhich litis long bei-n a cen'er oi ill enthusiasm. GatVniy, too. links sil'g, as x'.ell as other neighbor'-ug Yeik has, I prom burg- rk got on (he baseball m vear bv putting on! a P ii . st I.-,, licked to. mi i IV I to a fra.xle nearly i 'h. diamond aggregation xxith xxhi. h it , Xcopl iolls to grips. (Ine of tic l. xx ec. tho la t Shelby bunch, xx lies. vio'i.p. ox. r 'ork in aa evoiting series ilituie..'. ed the 'oi'ii nine from the race for the eha m pionshi p of tl." piedmont s-aCou ol the Caroliuas, an honor xxhi.h tiua'ly went to oxx i.. ns. COLUMBIA FRESH AND SOPHS STAGE RECULAR BATTLE LYNMIOOK. N. Y.. Feb. 2". -- It took the lire department, the police force ami all th" toxxu officers ami practically e-.ory r, siileiit of this hitherto peaceful Long Island village to ipirll a battle be tween .'re-l inen and sophomores of Co lumbia t'nixersity early today. After tire ho o pointed at the combatants had stopped the tight ten students found thiniselxes in the toxxn lockup, one xxas nursing wounds indicted by an automo bile before which he was thrown in tho scrimmage; a wore xvere bathing diseol ored eyes or applying linameiit tu nu morons bruises and 40 freshmen found themselves tied baud and feet, captives of the sophomores. Fifty sophomores had rushed an inn where 1"i0 freshmen were having a diu ui r. Community Chorus Tonight. Tonight at s o'clock at the Central school auditorium, a chorus of SO voices will preseut a musical -concert, under the direction of Mr. Key lloffmeister, of Community IService. The concert proui-is-s to be of unusual merit; A program will be found on pae 3 of today's paper mumr nnm mm RESERVE BOARD NEW ERA OF PROSPERITY DUETO SET IN AFTER LONG PERIOD OF DEPRESSION Business Is Following Its Usu al Rotation From Increased Activity and Production Through Exnanxion and t: r i i : quidation Must Take Warnine Savs Federal Re serve Officials. .'. ' I'.x The Associated Press.) YAs,llNi,T(). Feb. jo. Business tliroughoit the country, progressing Ih'oogh xxi II di lined cycles, is Hearing the point of the upward swing of tho economic pendulum, a .mini r. i.ort of the pendulum, according to the an- Federal Keserva , ,.,,,,, ,r:illMinllo,i ,, lay to Congress. ' "Tueie an- those,'' the report fttid, "who biiiexe iiiat the beginning of re xixal is not far distant. When it does di finitely s, ; in it vxill he followed in duo course by a now era of prosperity." Ibisiness, In one of its "long sxvingn" from prosperity, the report said, has fol lowed its usual rotation, which it de scribed as. business activity and in creasing production; excessive expansion and speculation, followed hitherto by panic and torccl liquidation; a long, pi rind of slow liquidation, business de pression and stagnation; and then, re vixal. "In (he light of recent exper-. ience, ' ' the report warned, "wo should, reineiiib. r, when xxe again enter into ii period of full prosperity, that a reaction xvill I'olloxv sooner or later; and if tht How of the incoming tide can bo con trolled so that the crest iii.tv not bo reacliid too rapidly, nor riso too high the subsequent react inn would be less severe and the next period of industrial and commercial activity and general prosperity xvill be marked by saner meth ods, greater achievement along construc tive Inn s, and by a longer duration than, any which wv have had before." The board routines its report to an ac- 't CO liu ounl ol the operations of tho organizn- iou lor I he year r.)'l, without ottering any suggestions for legislation, affecting the board or the Federal reserve system. The earning assets of all Federal re- Isiixe banks, the report said, amounted mi December L's, HiiM. lo $ I ,.j3;i,831,00O, compared xxith ,f o,Jtjii,(i J7,(M)i) on Decem ber :.o, l!ejn, a reduction of $ 1,727,1 76, i "in or ...'( per cent, and a reduction of ., 1 ,ssS,l LTijiiie, ,,r i'ij per cent from tho high point reached on October 15, 1920. This i eduction in loans, the report ex plained, xxas accompanied by a steady iu crcaso in gold reserves and an almost continuous reduction in Federal Teserv note circulation, the loan reduction cdn- ' tinning . I. spite .substantial decline in dis count rati -. Cro s earning of the Federal reserve banks fir 1 !)'!, the- report continues, amounted p, 1 1'L'.sii.'ijiUO, compared with 1 - I s.,oco in 1!U'U, the falling off in earnings being due to decline in tic illume of rediscounts and reduce ' ti'.us ia rediscount rates. Member bank- hi rowing, according to the re port, showed a continuous decline from tL',iis;.oi o.i al the end of 1920 to a- boiii 1. 1 I l.oiai, iiiiii at the end of 1921, .iiie to -. reduction of over $900.01)0,000 in tic .oluaie of Federal reserve notes iu emulation, caused by loxver prico lev eU an I by not imports of gold amount ing t d(i7.iaio,tii.i(i, practically all of xxi.i.ii found its way into Federal rcservo ans-. A - - a 1 1 a in hise paid into t tax the federal rcservo ie Treasury $.jD,974,000 a I: r, r i l in o xear H'21. he, ier 2. the report continued, resi rve banks held a ' gold ,s7o,oiiii,iiMU and a combined Fi dotal Ol 'I X igaiilst member banks' deposits esues of slightly more than 71 If the legal minimum re ''' per cent, could' be set up .eposits, the report added, there main a gold reserve of more pi r cent against Federal re- es in circulation. ill st .1 thai - r. "For some months pas'." the report sai.l. "Hare has been a marked easing hi dome-tie rates of interest. Notwith standing some unfavorable features in the revenue laws, tiie investment market is now absorbing securities at reason-, aba- rates which could not have been (onsid. red a few months ago. Market quotations on liberty bonds have stead ily adxamcl until they are now ap proaching par. (iood railroad and in dustrial bunds have also appreciated ami there have been some noticeable advances in .standard stocks. High commodity prices and great business ac tivity usually mean lower prices for bonds and otiier securities yielding a fix ed income, while reduced commodity prices ami lower money rates being higher market prices for bonds. M'io W LOSES FOUR FINGERS IN ACCIDENT 1 .John Spencer, an employee of -tho Cim ker Machine & Foundry Co., had all ; the fingers of bii left haml cut out in n l accident which occurred at the foundry I shortly after ho began work this morn ! ing. ."'''", , He was removed to the City Hospital wnere his wounds werj. dressed. 1 The injured man is a son of J. Frank Spencer and has been employed toe. quite a while at the Cocker plant. THE WEATHER North Carolia, cloudr touizht and Tuesday, cooler in north portion tnnijht
Gastonia Daily Gazette (Gastonia, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Feb. 20, 1922, edition 1
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