Ao iho World
b,':7i?
Use the Want Ac?s
Gassified advertisements in The
Franklin Press bring results. If you
have something to sell or trade, try
a classified ad. The cost is sm ill
only one cent a word with a mini
mum charge of 25 cents for each
insertion.
lum
A Brief Survey of Cur
rent Events in State,
Nation and Abroad
the F a c t s B o i 1 e d
Down to a Few Pithy
Lines.
3Hp Iftgljlmt&r. fHanmian
PROGRESSIVE
LIBERAL
INDEPENDENT
VOL. XLVIII, NO. 12
FRANKLIN, N. C, THURSDAY, MARCH 23, 1933
$1.50 PER YEA!
( i 1 -
L3 immm (pgjgj
BEER BILL ENACTED
Sale of beer and wine not ex
ceeding 3.2 per cent in alcoholic
content will become legal in 14
state after midnight, April 6. The
act authorizing light wines and
beer became law Wednesday after
noon, when President Roosevelt,
wearing a broad smile, signed his
name to the measure passed by
congress. The legislation is ex
. pected to raise about $125,000,000
tax annually. The states in which
wine and beer will be legal are:
Arizona, California, Illinois, In
diana, Kentucky, Missouri, Mon
tana, Nevada, New Jersey, New
York, Oregon, Pennsylvania, Wash
ington Wisconsin. A hearing was
scheduled in Raleigh Thursday on
a bill by Senator Francis, of Hay
wood, which would permit the sale
of beer and wine in North Carolina.
WOULD MERGE CLOSED
BANKS
Gurney Hood, state banking com
missioner, is working on a plan to
merge the resources and credits of
many of the 128 state banks not
yej operating or under restrictions
and to form a statewide institution
with some 50 officers, capital of
$2,000,000 or more, and: with initial
bornewings from federal-sources -en
preferred stock.
LEAS OUT ON BAIL
Luke Lea and Luke Lea, Jr.,
were freed on $15,000 bail at
Clarksville, Tenn., on Monday,
pending a hearing on April 3 of
the habeas corpus writ by which
they are resisting removal to North
Carolina to .serve sentences for
wrecking the Central bank of Ashe
ville. SOUGHT . FOR
EMBEZZLEMENT
Pennsylvania has honored extra
dition papers for arrest of W. J.
Weinrich, wanted in Greensboro on
charges of embezzling $27,000 from
the Southern Public Utilities. Un
til May, Weinrich was chief clerk
at Greensboro for the utilities
company. Search for Weinrich is
being made at West Lawn, Pa.
OHIO FLOODS lAItt IULL
At least eight deaths and $1,000,
000 'or-tnorein propertydamage
have tesulted from flood -waters
this week on "the Ohio -river.
MANY BANKS RESUME WORK
-Nearly 14,000. of the nation's
18,000J)anks have resumed business
jonli iornial ""baslsT . treasury re-
ports show, ln North Carolina 31
national banks and 192 state banks
had resumed business by the first
of the week.
ZANGARA DIES IN CHAIR
Guiseppe Zangara, diminutive
Italian gunman, who fatally wound
ed Mayor Anton Cermak, Chicago,
on February 15, in Miami when he
fired five times in an attempt to
assassinate President Roosevelt,
died in the electric chair at Rai
ford, 'Fla., on Monday morning.
GASTON I A BANKERS
""SENTENCED
Steve Morris, cashier of the clos--ei
First National bank at Gastonia,
got three years tor embezzling
465, and Thomas B. Carpenter, as-
- r.t. : j. .... i ii I i i
sistant cashier of the same bank
got seven years for embezzling
$20,000 when the two entered pleas
in federal district court at Shel
by on Monday. The two were ar
rested on Friday and Saturday of
last week.
FEDERAL INCOME TAX
RISES
Despite the banking holiday and
postponement of income tax dead
line to March 31, income tax re-
in the first half of the month weveiaitcr marking off paper regarded
$2,000,000 greater than for the as worthless The banks state
same period of 1932. . Iment showed he said, that its as-
sets were at least $60,000 in excess
rnuroccQ to ruov rM
v.,A k fi,- c a
in banking, economy and beer leg -
islation, the new administration has
abandoned its plan for a month's
recess of ccneress and that bodv is
Mn.rtJrf tn rarrV nn until
: i. i i-f
May l to consiaer raiiroaa, renei,
farm and additional banking .legis
altion. HALTS TALK OF WAR
Talking direct with ambassadors
of the chief powers, President
Roosevelt last week put the nation
on recora in a pot.cy ot .ess inter -
reductions in. arms. At Geneva,1
Prime Minister McDonald, of Eng-'Cat Creek section of Millshoal ; left eve removed at Angel Broth
land, inspired the world disarma-,' township of Macon county, died at.ers hospital last Friday, is report
men't conference with a proposal his home early Sunday morning. ed to .be recuperating. The opera
forsubstantial reduction of armed1 Funeral services were held at the tion was found necessary as the
forces, for permitting Germany and Holly Springs Baptist church Sun- result of an, injury received about
her allies to increase militarv po-1 dav afternoon at 3 o'clock. . three weeks ago, when a red hot
lice forces ,and for a consultative Mr. Henry is survived by his piece of steel struck Mr. Rochester
agreement of nations under the 'widow and one brother, Ike Hen-Jin the eye while he was working
terms of the Kellogg anti-war pact ry. in his blacksmith shop.
.'". ',' '' .
HOOD DENIES
NEWLICENSE
Checking Accounts Barred ;
Levy on Stockholders
Is Called
Closed since March 6. when the
nationwide bank moratorium' went
into effect, the Bank of Franklin 11 has Ied so persons fa- ed a 27 per cent gain over the
reopened Tuesday to pay off de- i miliar with the line's affairs to be- first two weeks of March, 1932.
positors but not to accept new de-Jlieve th;at. if il continues, there ln January, this year, the line
posits. j will be slight chance of the Inter i handled 235 cars of freight, as
Since the bank reopened in May, lstate Commerce Commission grant- against 196 in January of last year;
1931LJivemonths afterjts Jailure inS tne abandonment petition filed and in February this yjar rte num
it has been functioning as a trust fa January by J.- R Gray, receiver. , ber "ofcars handled was 213, as
depository" and clearing house asTn6'mcrease" 203 forthesame" month
well as a liquidating agency for its
old accounts. -
Gurney P. Hood, state commis-'
sioner of Banks, will not permit
this arrangement to continue, tak
ing the stand that, in effect, it con-
stitutes a bank operating without s,,Sht rev,val of the timber busi
capital. - H. Wr- Cabe,- cashier of ' Pess, new highway work JnJMacon
the bank, and G. A. Jones, attorn- j .county and the use of the railroad,
ey, went to Raleigh lastFriday to!"1 Preference to truck hnes, by
confer with Mr. Hood. They ex
plained to the bankingepmmission
er that the Bank of Franklin could
meet in full all demands on new
deposits; but he ruled that in view
of recent financial developments
and more stringent banking regula
tions it would be necessary for the
local institution to be reorganized
before it - xxrald -resume business.
Speed Liquidation
No definite plan has been worked
0UtsjrUJ9Ceopening7of-the
bank ; - but -steps - have - been - taken
to speed up liquidation of old ac
counts. Meanwhile, deposits ac
ceptedilnce"liray, T931, maybe
withdrawn in full ; but the bank
cannot accept new deposits, clear
or collect checks. MrXabesaid
depositors in the "new bank" could
allow their Tnoney to remain in the
bank-it- they , so. desire,but..they
could not--use-it-as-a-checking-ac-count
and could not make new de
posits. Stock Levy Made
Stockholders were notified Wed
nesday afternoon at a meeting in
the directors' room that a stock
assessment payment of 10 per cent
would have to be met by March
29. One. 10 per cent levy already
has been collected and a 90 per
! cent assessment announced. It was
also stated that another payment
on the 90 peif cent assessment,
amounting to-10 per cent or more,
woulOavobe.4)aidJ)ythel.ast
of April -
Mr. ' Tones informed the stock
holders - thatasattorney- for- the
uani. he wn.,u niish for the collec
tbn of aid notes with renewed
. JT .. ... . ....t, ......
vigor and that already he had in
structed the sheriff to execute a
tyimber of judgments.
$38,000 Depouta
Various plans for liquidating as
sets of the old bank and raising
money to ,pay off old deposits,
amounting to $38,000, were discuss
ed; but no definite plan was adopt
ed. Professor M. D. Billings, vice
president, told the stockholders
I that the bank held $116,000 in notes
of its liabilities He expressed the
opinion that if the depositors could
, oe sausneu, mc yam
dr for reopening the bank. .
j The Highlands Bank also is still
dosed- Tt was learned that the
banking commissioner has required
. it to increase its capitalization from
-" ,cmA .
Highlands business men are now,
endeavoring nopciuuy to meet """
requirement .
( ii:. . t.:i
j '
Joseph Henry Dies
; At' Home en Cat Creek
Joseph Henry, 60, farmer of the',
Marked Increase Reported
In T. F Freight Shipments
Business of the Tallulah Falls
Railway has shown marked im
provement since the first of the
year, according to authoritative in-
'formation supplied The Press. Traf-
fic nas increased to such an extent
January, February and the first
.week in Alarch ot this year, as
comPared with the same period of
ilast year' amounts to 68 cars, or
1528 per cent,
This increase is accredited to a
MEETING HELD
BY METHODISTS
Over 100 Attend Pre-
Easter Conference Call
ed by Rev. Hayes
At the call of Rev. L. B. Hayes,
presiding elder of the Waynesville
district, more than sT hundred
Methodists gathered at the Frank-
4in-Jklethodist-church,Sundayafter-
noon for a -pre-Easter -conference
and iellowship meeting.
...Revv.MrHaycs opened, the meet:
ing, explaining its purpose as good
fellowship, inspiration to Christian
living and service, and as comperi-
sation for" those unable to- attend
the Asheville- conterence- called - a
few weeks ago by Bishop Buzon,
Spirituality and evangelism were
stressed throughout the program,
and a strong plea made for sacn
ficial giving that there might be
no further retrenchment of the
work of the church either in home
or in foreign fields.
The following interesting program
was rendered :
Devotions, Rev. H.. R. Cornelius
Echoes from the Asheville Con
ference, Rev. Wade Johnston.
Evangelism, Dr. R. P. Walker
Preparation for Easter, W. G.
McFarland. 1
Dr. Walker, pastor of j the
Waynesville Presbyterian church,
laid aside his Presbyterial dignity
and expressed himself as being
ready "to - shout -withtheMetho
dists."
At 5 o'clock the ladies of the
church, under the leadership of the
Woman's Missionary Society, serv
ed tea.
After forty minutes of social
pleasure the conference again as
sembled in the church auditorium
for a vesper service, led by J. H.
Carper of Murphy.
Mrs. C. N. Clark of Canton,
former president of- the- Virginia
Woman s Missionary conference,
made a very earnest plea for mis
sions. The music.v led by the choir, was
a very enjoyable feature of the
program
The afternoon was marred only
,Dy we aDsence oi tne rranKim
'pastor, Rev. O. P. Ader, who was
( confined at home by sickness, and
Mrs. Ader, who must be at his
.bedside
After the conference adjourned
a quarterly conference was called
Kv the tresidine elder. At thi
meeting a vacation was, given to
j the pastor in which to recuperate:
. .
Dewev Rochester Loses
Eve Due to Accident
Dewey Rochester, who had his
merchants in Franklin and other
towns served by the "T. F."
For the first time in six years
or more, it is reported, the "T.
F." has been making operating
expenses. During the first two
weeks in March its business show-
last year.
Indications are that for the time
being, at least, the increased busi
ness will continue. Fifteen car
loads, mostly of forest products,
were scheduled to leave Franklin
and Otto this week. Business also
is gaining at other- points along
the road. In lower Rabun county
considerable timber is moving.
CHEVROLET HAS
LOCALAGENCY
Show Room Established in
Franks Building on
Main Street
An official Chevrolet automobile
agency has been established in
FranklihTwithshow r6onioffice
has been established
and shop in the Franks building
onastMainistreet,swhere new
Chevrolet models --are ww on dis
play.
KnowaJas JheFxanklinXhevroIet
company, it is backed by O. E,
Flor, C. C. Kimsey and S. F. Wood,
of Cornelia, Ga.; who also operate
Chevrolet- agencies at Cornelia,
Dayton na3 Hiawassi, Ga.
The company will act as official
dealer in Macon county for Chev
rolet automobiles and parts. W.
C. Bjirrell, of Clayton, will be sales
manager and Earl English, formerly
of Clayton, will have charge of the
repair department. Mr. Burrell is
well known to Franklin1 people
Mr. English has been associated
with the Chevrolet shop in Clayton
and also has seen factory service.
Show Coming
"SweetFamily-To- Be
GivenByMethodists
A rollicking comedy, "The Sweet
Family," - will be presented - at 8
o'clock Saturday night in the
courthouse by the ladies of the
Methodist church.. A laugh
promised for all who attend.
Admission fees of 25 cents for
adults and 15 cents for children
will be charged, the proceeds to be
devoted to the Methodist church.
The cast includes:
"Ma" Sweet Mrs. Howard Val
entine.
- Ariminty Ann Sweet Mrs; Thorn
"as Johnston, Tr
Betsv Belindv Sweet Mrs
Claude Russell.
Caroline Cordelia Sweet Mrs. B
S. Connelly.
' Dorothy Delilah " Sweet Mrs.
Wiley A. Rogers.
Elizabeth Eliza Sweet Mrs. T.
W. Angel, Jr.
Frances Fedory Mrs. A. B. O'
mohundro; .
Glorianna Gadabout Mrs. C. L.
Cartledge.
Hattie Hortense. Mrs. Don
Young. .
-Imadume -Imeline2.MrsrJOhn
Herbert .Stone. :
Bruce Webb To Address
Cartoosechaye Club
' A meeting of the Cartoogechaye
community 5 and 10 Year Farm
club has been called v for 2 :30
o'clock Friday afternoon, March 31,
at the Slagle school by the Rev.
S. R. Crockett, president of the
club. Bruce Webb, of the Ashe
ville Citizen-Times, one of the
originators of the 5 and 10 Year
Farm program, is scheduled to ad
dress the club.
"0) p iin)
jJ
MORE FEDERAL
LOANSIIKELY
Few Losses Suffered on
Crop Advances Last
Year, Williams Says
Treks back to "the old farms, due
to loss of jobs in the city, com
bined with increased acreage de
signed to offset lower prices, will
double the number of applicants for
federal crop loans in western North
Carolina this year, said Silas S.
Williamsof Waynesville,- federal;
agent- no w-makin g - his f i nalJ wingl
through the 10 mountain .counties, I
passing on applications.. I
Mr. Williams said a preliminary I
survey shows, that the total amount!
sought will be more than doable'
that of one year ago. Then it was
$25,000, distributed among 515 bor-:
rowers. This year the federal
aeent exoects to annrove loans f r
about $60,000 to be distributed
among about 1,050 farmers. All ap -
pucailUll!) lur luaus iiiusi uc in vy i
April 30, the advances being made
for six months, and covered by first 1
liens on the crops.
Buncombe county with 125 ap-i
U
phcants, was the heaviest borrower ' ? ,
f , ' ... n. , , , fined $l each, with judgment sus
last year, with Cherokee and Macon j .. . ' ? ,
- ti r l u -.1 i o'pended until May 2, in Mavor
counties the lightest, each with less V L
than 25. This year Buncombe and
MadTson6untiesareex
tie for heavy demands, with 200
applicants each. Anticipated re-
quests from, other counties are : ,
Jackson " ISO; " Transylvani;i"" and
Havwond 100 ear 1 GrahMtn ronn- ,
ty 75, and Cherokee, Clay, Macon
andwaincoinrtiefetfallw
50ach. 1
Some -of 4he -loans - sought - are - for -
asJittleas$lQ. Mr. Williams said.!
The maximum allowed is $300, but plimented the defendants on fight
last year only one farmer in all the ing with their fists only but warn-
10 counties asked this amount. This'
was a tobacco raiser- in-.Buncombe
He goTTiiT'Toan, and paid it "bTctr
promptly. But this year, he is ask
ing the limit again.
"Almost undobutedly he 11 get it,
too, said lr. Williams. 'Farm
ers may default on loans on land,
but crop loans, almost invariably,
are rpnaid the first Dossible minute.
Out of millions loaned all over the
country, last year, only two per
cent, failed to meet' their obliga-
tions in full, and half of. these
failures were due to sickness, or
snme valid reason. As to the 10
counties of Western North Ca - o -
lina that I cover, not a single farm- gridiron picture, presents more thann the closed standard lrtst Banic
cfdef3ttlfed
still owe slight balahcevii
alLcutdown their debts, and thev'llj ing the 1931 All-American team. ; and its bonding company;- Lloyd's
pay the rest." ' " jit" also" tells a swift-moving love ;' Casualty" company- of New York, '
(JlclllTlCCl DV OStitlX
f
... Cl.. ,
Britton btlles buCCUmbS
To Heart Attack
Britton Stiles, 70, died suddenly
from a hpart atta.-L- -At l,u lumie
at Hickory Knoll, Tuesday morn-
ino- "
Funeral services were held at , can" is headed by Richard Aden
the Coweta "Baptist "church at2 Two-shows -will-be - given--earn
o'clock Wednesday afternoon. , night, the first starting at 7:30,
Members of the Otto and Frank- and a matinee at 2:30 o'clock Sat -lin
Councils of the -Junior Orde "r(lay afternoon.. Admission charg
of United American Mechanics, cs will be 25 cents for adults and
were in charge of the services al cents or children at the night
the grave. Interment "was in " the ! snows ami e cems-ior-Huuus aim
Rush cemetery 1 10 cents for children at the mati-
Mr. Stiles is survived bv .'his! nee' Proceeds will be used to de
widow, two daughters, Mrs. "C. C. I fry the expenses of the banquet
rvni,.r nf Fran Win and Mrs. I be given by the junior class for
James Browning, of Hickory Knoll;
and two sons, Elbert Stiles, of
Franklin, and John Stiles, of Sylva.
$20,000 EMBEZZLEMENT
CHARGED. -
Alleged to have confessed to a
$20,000 embezzlement ' of the funds
of the Gastonia First National bank,
Thomas B. Carpenter 36, cashier,
is held under $15,000 bond for fed
eral court.
IS KILLED BY HIS MULE
Unhitching his team to j;et it out
of a bog, Charles M. .Thornburg,
farmer of near Newton, became en
tangled in the harness of a mule
last Friday. The animal bolted,
ran half a mile and dragged Thorn
burg to his . death.
sdGs
System To Revert
To Town April 1
Co-op Poultry Sale
Called for Next Week
A cooperative car lot poultry
sale will be held at the Frank
lin depot . next Tuesday and at
Otto between 9 and 11 a. m.
Wednesday, it was announced
today by F. S. Sloan, county
agent. He said the following
prices would be paid:
Heavy hens, 9 centsf Leghorn
"hens," 8 cents f fryers," 16 cents ;
roosters and geese, 5 cents ;
ducks, 7 cents; stags, 9 cents;
turkeys, 10 cents; eggts, 8 1-3
cents per dozen. '
Fighters Fined
-'2 Johnsons and 2 Angels
y - 0-,-- in
Charged with simple assault as
the result of a fist fight back of
The Press office last Thursday
morning, tour young men were
tuul1
Johnson and Ur. tdgar Angei, wno
were paired in one fight, and
T11l lir Tfl . JTX
oiacKDurn vv. jonnson auu i. vy.
Angel, jr.,-who werepairea- in
anotner DOUT.
John Henry,, principal witness at
"as fair a fighting as J ever saw
and -I've seen -a ood jnany Jights.'
Mayor George B. Pattor com
ed "them to keep the peace."
1 .
Sponsor Movie
Juniors To Present Grid
Film Next Week
I Sponsored by the junior class of
; the Franklin high school, "The All-
American," a thrilling motion pic-
, ture football drama, will be shown i
at the Macon 'Theatre Friday,;
'.March 31, and Saturday, April 1.
i This tremendously interesting
! story, tuieu witn dramatic incidents
and novel
f00tDall heroes seen" in action are
, "Red" Cagle (Army), Ernie Nevers
(Stanford)," Albie Booth (Yale),
( Marchie Schwartz (Notre Dame),
! Jerry Dalrymple (Tulane), Gains
Shave (Southern California), Frank
Carideo (Notre Dame), and many
1 . others whose names are, household
words.
.The acting
cast of "All-Amcri-
the members of the senior class.
Harold Stewart Entered
3n Speaking Contest
A;..districCpubfi"c:.sp1e'akingI
for students of vocational agricul
ture will be held in the courthouse
at Asheville, Friday at 3:30 o'clock.
Harold Stewart, son of Mr. and!
Mrs. W. G. Stewart, of the Coweta
section, will represent the agricul
ture class from1 the Franklin high
school.
' The elemination contest for the
local class was held last Monday,
when 23 boys entered. Only one
student from each school will speak
at Asheville, and the winner from
Asheville will go to Raleigh in
June to enter the state contest.
Don Faa
Utilities Company Unable
To Meet Payment
Soon Due
Notice that the Franklin Ahydro
electrlc power plant, with . $288,000
in bonds out standing against it,
would be turned back on the town
on April 1 was served on the town
coTmci1.:t--Tfa
G.Martino, vice president of'EasT"
Coast,' Utilities, Inc.
Details of the transfer and plans
j for operation of the electric power
system by the town have not been
worked out; but the po-er ,'com
pany already has notified employes
that their services will terminate
soon and has begun to wind up its
affairs here.
Can't Meet Bonds
Mr.Martino told the council that
the Northwest Carolina Utilities,
Inc., which operates the local plant
as a subsidiary of the East Coast
!bond payment of $8,100 due April
revert to the town.
The bond payment automatically
falls on the town, which comes
in Id "posse ssTofT of "sufetydep"Osif
of $23,000 held in trust in the form
of government bonds by the Cen1
i:ral Hanover Bank -and Trust -eonv
pany. of .New. York, to whom the
bonds -are payable. .The town also
has a claim against a defunct ban k
in Cleveland and a surety com
pany in New York, also defunct,
fof$50,000,"parT"pf--theoriginal
surety - bond. .v, . .
Other Payments
Besides the $8,100 payment due
on the power plant bonds April 1,
all of which is for interest, two
other payments fall due this year.
On June 1 a principal payment of
$500 and an interest payment of
$540 will become due ; on October
1 $5,000 principal and $8,100 interest
will be payable. So. it is seen, the
town's surety' deposit is barely
sufficient to meet bond payments
due this year, unless it can recoup
fall or part of the $50,000 tied up
, tor recovery or tnis money.
There has been some talk of the
advisability of the town selling the
power plant again ; but as yet, ac
cording to Mayor George B. Pat
ton, no offer has been received.
It is thought that before a sale
could be consummated a town -election
would be necessary.
The town council intends to be
gin operation of the plant as soon
as it reverts. to the town; but most
of the councilmen are inclined to
leave- the- formulation of- definite
policies to the new council' to be
elected in May.
Lost $10,000
Mr. Martino told the councilmen
that the Franklin power system was
operated at a loss of $10,000 last
year. In round figures, the com
pany's gross business for the year
was $26,000 ; and its net earnings
$12,000, but the net fell far short
of meeting bond payments which
fell due..
' The power company already has
started pressing - for collection on
its accounts as oi March 11,
threaten
current unless they pay in a few
days. Many of the customers have
, been incensed at this pressure and
have told the power company to
go ahead ana cut tneir power on
. . . . and, then, wait for payment
of their bills.
The power company has notifiedi
Carl Bingham, in charge of the
generating plant, and Ted Gribble,
lineman, that their services will not ,
be needed after April 1. J. Homer
Bowles, manager, has been asked
to continue on until May 1 to
help wind up the company's affairs.
. -rr