WEATHER
Fair tonight and Wed-
nesJay. Colder, fresh
southwest shifting to
northwest winds.
VOL. XIII. FINAL EDITION
CIRCULATION
Monday
1,835 Copies
ELIZABETH CITY, NORTH CAROLINA, TUESDAY EVENING, JANUARY M, 192:;
EIGHT PAGES
NO. 8
Governor Morrison
Addresses Assembly
Climax of Speech Deals Entirely With State
Owned Shipping Line Which He Believes Will
Solve Freight Rate Problem and Help to De
velop Resources of Every Section of North
Carolina.
Raleigh, Jan. 9 (By The Associ
ated Press) Constitutional amend
ments limiting North Carolina's in
debtedness and protecting Its sink
ing funds; the creation of a ship and
port commission, with $2,000,000 to
establish State ports and tc purchase
a fleet of ships; a $15,000,000 high
way bond issue, and the additions
of the departments of commerce and
industry and of banking, are the
principal recommendations of Gov
ernor Cameron Morrison made in a
biennial -message to the General As
sembly today.
The chief executive also urged that
adequate funds be provided for the
Improvement of the State's fish
eries and to promote the health, edu
cational, welfare and agricultural
experiment and extension programs
ot the several State departments.
The text of the Governor's mes
sage follows:
"Gentlemen of the General As
sembly: "Beiore proceeding with the rec
ommendations which I appear be
fore you to make, I desire to extend
to the membership of your honor
able body my very hearty congratur
lations upon the opportunity before
you to commence the New Year by
service to North Carolina. The op
portunity before you to serve the
State and Its people is almost bound
less. You succeed the greatest Gen
eral Assembly which has assembled
in the United States in forty years.
Many of its members, rich in ser
vice and experience and strong in
the gratitude of their countrymen,
have been returned with you. May
I especially congratulate them upon
their return, and say that I am
deeply thankful that the State will
again have the benefit of their cour
age, wisdom and experience In legis
lation. Stale Expects Much
"The State expects much from
you, gentlemen. You were selected
"by the people to carry on for them
the most progressive program ever
undertaken in a Southern - State of
this Republic I am sure you will
not disappoint the high expectations
of your people and listen to the la
mentations of the expiring reaction
ary. - His piteous outcry will be heard
again as soon as the breath knocked
out of him by the last election can be
recovered. He will use the same ar
guments he has employed for a thou
sand years, and will continue to use
until enlightenment and progress
!have evoluted him Into the glorious
Tealm of the progressive. We must
make North Carolina do the duty of
a great and enlightened State. The
reactionary has been crushlngly de
feated in North Carolina, and the
progressive ordered to lead North
Carolina forward. (
"We must go. The way is not so
dark as It was two years ago, and
the road is hot beset with so many
dangers as that over which your pre
decessors lead North Carolina to
"glory everlasting. If the same reso
lute determination and wisdom in in
terpreting and declaring the will of
the people dominate your body as
dominated the last General As
sembly, the victory over the reac
tionary, who would put North Caro
lina in the' bondage of Ignorance and
Inefficiency lo the enlightenment and
efficiency of other states and coun
tries, will be complete and final.
Must Go Forward
"Gentlemen, I appeal to you not
to falter. We can not go on unless
von lead the way. The weakness of
our American system of government'
has been the failure of the states to
discharge the high duties placed up-
on them under our great American j
scheme of government. We can
never have good government in this
country until the states exercise
their great powers, or 'rights,' to
give modern and up-to-date, pro
gressive government in the states.
North Carolina has the power to de
stroy every weakness which affects
us, except such as Is the common
heritage of humanity. But it can
only exercise this power through
your honorable body. We have
written glorious chapters In our
country's history for states' 'rights.'
which are state's powers. Now. the
period has come for us to show
equal nobility In the use of states'
rights, or powers. We must use the
j .ir for progress and righteous
ni'ii If we expect to keep the power.
"What must we oo to proreis
Fortify and extend the great pro
gram of the last General Assembly
In every particular, and especially do
I urge that you go forward in the
health, educational, welfare, agricul
tural experiment and extension, and
road building parts of the program.
"The last General Assembly au
thorized the Issue of six million and
seven hundred thousand dollars of
bonds to enlarge our Institutions for
the State's unfortunate and defec
tive people, and for our institutions
for higher learning.
"I have caused the Department of
Commerce of the University of North
Carolina to make us a calculation to
show what sum placed at Interest at
4hi per cent would redeem these
bonds. The sum required will be
sixty-two thousand five hundred and
ninety-nine ($62,599) dollars annu
ally. I urge you to take from the
general revenue of the State this
small sum and place It In a sinking
fund for their redemption.
"I hope you will, 'in round num
bers,' duplicate the program of the
last General Assembly for perma
nent Improvement at these great in
stitutions for our defective and un
fortunate people and for higher
learning. Our revenue prospects will
amply Justify It.
"We must go on with the road
program. The people expect it. We
are able to go on.
"I most earnestly recommend that
you authorize the issue of fifteen
millions additional bonds to round
out the system, and place an addi
tional tax of two cents per gallon on
gasoline.
A Sinking Fund
"I then recommend that you set
up a sinking fund of Ave hundred
thousand dollars ($500,000) per
year to be applied to the payment of
Continued on Page 5
the bonds when due; one-half of it
from the general revenue of the
State, and the other half from the
automobile and gasoline tax. This
will not be adequate for the redemp
tion of the whole sixty-five millions,
but it will go about half way. The
first bonds are serial, and commence
to fall due In ten years in equal In
stallments, and, of course, will re
quire a much larger sinking fund
than If they were all forty year
bonds. I think the new bonds ought
to be forty year bonds. With a
sinking fund of Ave hundred thou
sand dollars annually we can re
deem part of the bonds and refund
the others, if we do not want to pay
all. But my confident hope Is that
our revenue will Justify enlarging
this fund from time to time until it
will be adequate for their redemp
tion. But the sinking fund men
tioned will be sufficient to place the
whole transaction on a very high
plane, and will not oppress anybody
or embarrass the State's revenue.
"The revenues from the automo
bile and gasoline tax for six months
ot this year amounted to $3,222,
741.71. Jt will go over four mil
lions for the full year without the
increase In gasoline tax recom
mended. "We will require the two cent ad
ditional on gasoline to help pay the
interest on the new bond Issue, con
tribute to the sinking fund and
maintain the roads.
"I do not think It necessary to de
bate the road program. It Is ap-i
proved by the sovereign people. The
benefits are universally recognized, j
"I most earnestly recommend an j
amendment to the constitution of the;
State limiting the power of the State i
to contract Indebtedness to six per
cent of the assessed value of the
State's property: and a second!
amendment that when the General
Assembly sets up a sinkLng fund no
succeeding General Assembly shall
divert It to any other purpose. I am
sure, gentlemen, that these amend
ments ought to be submitted to the
people, and that with this done and
the sinking fund suggested set up,
we will be able to safely carry
through the whole progressive pro
gram upon a lower Interest basis
than without them.
The Inlnnd Water
"I make the following further
recommendations, gentlemen, which
I think will 'round out' as complete
program for the State's development
and upbuilding as I can now vision.
"We ought to replenish our great
streams throughout the State with
game fUh and give modern and up-
Carolina Bank
Trebles Deposits ;
And This Takes NO Account
Branch flank Opened nt licit
ford And Columbia
Of
The Carolina Hanking & Trust
Company has more than trebled its
deposits in the last twelve months,
taking no account of the two branch
banks opened by the stockholders at
Columbia and Hertford, and has
pract'ally multiplied its deposits by j
flve when the deposits at the two
branch Institutions are included.
These facts appear In the con
densed statement of the resources
and liabilities of this young bank,
made public Tuesday, which will ap
pear In Wednesday's Issue of this
newspaper. Total deposits on De
cember 31, 1921, were $159,655.94,
as against $781,217.20 on Decem
ber 31, 1922. In exact figures the
gain, including the deposits of the
two branch banks, was $621,561.26;
while leaving out the branch banks
altogether the gain was $304,241.17,
or practically double the total de
posits a year ago.
The stockholders of the Carolina
Banking & Trust Company at their lgnd crew of the Pamiico (or their
annual meeting Monday night added ! tlniely t!d Both companies also ex
the name of Graham W. Bell to th:prPS8 thpIr apprecIatlon to the Cham
bank's list of officers, Mr. Bell be-'ber of commerce and "Merchants As-
ing elected assistant cashier.
All other officers were re-elected,
making the complete list of officers
as follows: Dr. A. L. Pendleton,
president; R. C. Abbott, vice presi-1
dent; Gurney P. Hood, vice presi'
dent and cashier; Geo. R. Little, as
sistant cashier; Grahlm W. Bell, as
sistant cashier; N. W. Dailey, man
ager insurance department.
The following were re-elected
members of the board of directors:
R. C. Abbott, R. E. Chesson, W. T.
Culpepper, W. Ben Goodwin, Dr. S.
W. Gregory, Dr. W. T. Griggs, Gur
ney P. Hood, F, G. Jacocks. W. K.
Leary, G. G. Markham, D. R. Mor
gan, W. C. Morse, S. B. Parsons, Dr.
A. L. Pendleton, W. L. Small, Dr.
W. W. Sawyer, S. G. Scott, W. P.
Skinnerfl E. M. Stevens. M. N. Toxey,
L. B. Twlford, W. H, Weatherly, J.
H. Wllkins, Buxton White, J. Ken
yon Wilson.
The following are the officer's of
the Columbia branch: W. S. Cara
wan, chairman; M. A. Davenport,
cashier.
The, following are the board of
managers ot the Columbia branch:
J. G. Brickhouse, J. J. Brlckhouse,
W. S. Carawan. S. M. Combs, B. S.
Davis, ;W.'N. Norman.
The following are the officers of
the Hertford branch: H. C. Stokes,
chairman; J. L. Tucker, cashier.
The board ot managers ot the
Hertford branch are: J. T. Brlnn,
W. F. C. Edwards, R. L. Knowles.
J. S. McNlder, R. 8. Monds, Dr. R.
W. Smith, H. C. Stokes, T. W. Wil
son. to-date cultivation to our flsh, oyster
and other sea food Industries. wgH ant,0Unced after a meeting of
"The North Carolina inland nav- the executive board of the Interna
igable waters are the finest In thetlonal Brewery Workers Union and
republic for sea foods, If not In the j Samuel Gompers.
world. They belong to the State of;
North Carolina, subjett to the United I I,'OH,) Ti ESTABLISH
States Government's rights in navi- PLANT AT ST. PAUL
gatlon upon them. My descriptive
powers are Insufficient to convey to i St. Paul. Minn.. Jan. 9 (By The
those of you who are not familiar i Associated Press) Plans to estab
wlth them a general conception of i ll8h a l,lant nere for tne manufacture
the Immensity of these waters.
"Currltuck, Croatan, Roanoke, A1-! pany today. The purchase of 1674
bemarle and Pamlico Sounds, knit acres of land adjacent to the Gor
together by the Inland canal, consti- j eminent dam has been completed
tute a great body of water from four and application will be made for
to twenty-flve miles wide that would j power rights. If these are granted
reach from here to Shelby. Pamlico a ten million dollar plant will be
Sound Is the largest one in the! built, employing fourteen to fifteen
United States, ijot quite so long as
Long Island, but with more water.
Running Into these waters are great j
rivers, like the Roanoke, the Neuse,
the Pamlico, the Chowan, the Bay,
the Pungo, and many others, wltlr
bays and other little sounds too nu
merous to mention.
"The fisheries upon them were
once possibly the most valuable In
the United States. Hundreds of
thousands ot acres ot these waters
are happily mixed with salt, and
make the home of the oyster. Sea
foods of every variety known to our
climate are to be found within them.
Below Morehead we have other
great waters. The New river In On
slow and the grand old Cape Fear.
These waters are the property of
North Carolina. From them we
ought to receive a great State reve-: dated Press) William Trlnkle,
nue, and the people In twenty-four j aged fifty, brother of Governor Trln
or five counties In North Carolina kle, died at his Wytheville home to
ought to gather Immense riches from , day, after an Illness of several
them. The area covered by these j weeks. The funeral is tomorrow af-
waters Is the most valuable prop-
irty In this State, except that upon
which our towns and cities stand
Continued on Page 4
Vansciver Floated
By 0 Jiter Pamlico
The steam, r Annie L, Vansciver.
which stuck while coming off the
ways of the Elisabeth City Shipyard
Company more than six weeks ago
and has hung on the ways ever since
despite all efforts to move her, ft'its
floated Tuesday at two o'clock by the
Coast (Juard cutter I'amllco, and
will he In commission again within
fpw ,iav.. or j,,., fls soon s a fpw
minor repairs can be made by the
Elizabeth City Iron Works.
Six weeks ago last Friday, which
means before Thanksgiving, was the
day that the Vansciver stuck and all
local efforts since that time to float
the big steamer have been unavail
ing. The North River Line has ben
particularly distressed by having this
steamer out of commission at this
time because during the jsame period
the Pasquotank River State Bridge
road has been closed and the North
River Line has had an unusual vol
ume of passenger traffic to handle as
a result. Both the North River Line
and the Elizabeth City Shipyard are
therefore deeply appreciative to and
high In their, praises of the officers
soclatlon for support in their call on
the Pamlico for help.
"Miles Clark of the Texas Com
nany and Captain Miller of the
Lotuf) also rPn(i,,red us every pos
sible assistance," says Mr. Brock of
the North River Line, "and we am
very grateful for it."
The cutter Pamlico has been here
for four days. Earlier efforts on the
part of the Coast Guard cutter to
float the Vansciver were unsuccess
ful, but Lieutenant Commander
r,s'her and LeutPnant Jack waited
until Tuesday for more favorable
conditions with the result that'the
big steamer was floated.
MURDERERS ARRESTED
Gastonia, Jan. 9 (By The Associ
ated Press) The alleged murderers
of John Ford of Lincoln County In
1920 have been arrested here.
Datjhcrty Given
Clean Dill Health
Washington, Jan. 9 (By The As
sociated Press), Attorney General
Daugherty,. was given a clean bill
health by the House Judiciary com
mittee which Investigated the Im
peachment charges by Representative
Keller.
WAI1T REAL DEER
Cincinnati, Jan. 9 (By The Associ
ated Press) Modification of the
Volstead act to permit manufacture
of real beer is the goal of a nation-
wlde dr(ve t0 be iaunched Sunday, It
ot automobiles and tractors was an
nounced by the Ford Motor Com-
thousand men.
If power rights are denied a steam
plant will be built on a smaller
scale.
EXECUTED AT LONDON
London, Jan. 9 ( By The Associ
ated Press) Mrs. Edith Thompson
and Frederick B. Waters were exe
cuted here today for the murder of
the woman's husband, Percy Thomp
son, on October 4. There was no
demonstration. Both met death pro
testing Innocense.
WILLIAM THIN KMC DKAD
Richmond, Jan. 9 (By The Asso-
ternoon.
i
Eddie Alhertson 'is III with flu at
his home on Second street.
Albemarle Fertilizer Compiiny
!n the ;ne of the Albemarle fer
tilizer Company against J. L. Forbes
the court ordered that an Issue K-
to the Jury at the next term of court
as to the amount which the plaintiff
is entitled to recover. The plaintiff
and defendant had entered into a
contract in which the defendant was
agent for the plaintiff, and which,
according to the plaintiff, the de
fendant bad failed to settle in the
amount of $1310.14.
In the case of Carl Bright against
J. K. Hughes the defendant was re
quired to pay the plaintiff the sum
ot $60.
In the case of Louis N. Stetson
against Rebecca Stetson, both col
ored, the plaintiff failing to appear,
was non-suited and the plaintiff was
required to pay the costs
A non suit was ordered In the case
of Ida Bateman against the city of
Elizabeth City, and In the case of R.
E. Chesson against Leslie Simpson
by reason of the plaintiff's failure to
appear In each case.
The case of Benjamin Forbes vs.
J. C. Long and of J. C. Long vs. J.
P. Eves were stricken off the docket,
the matters at controversy having
been settled out of court.
The defendant In the case of Flora
& Company vs. Wright was W. G.
Wright, and not M. G. Wright as re-j
ported in Monday's issue of this
newspaper. The error was made in
copying the name from the clerk's
docket, the reporter taking a W. for
an M.
BANDITS ROD DANK
Hlnton, Okla., Jan. 9 (By The As
sociated Press) Three bandits to
day held up the First National Bank
at Hlnton, locked three persons in
the vault and escaped in ah automo
bile with approximately ten thou
sand dollars In currency and bonds.
No S:ttl:aent Of
British War Debt
nrD.hln.tnn Ian Q IDv Th a,
sociated Press) Preliminary nego -
tlations of the British over the war!
debt to the United States has con
vinced the administration that no
settlement of the problem can be
made under the terms of law as It
now exists, a White House spokes
man declared today.
Stales Arc Untyped
Reservoirs Of Oil
Washington, D. C, Jan. 9 (By
The Associated Press.) When the
flow of that liquid gold known as
petroleum gives sign of slacking, and
as a consequence the nation's mil
lions of automobiles and tractors
and motor busses seem likely to di
minish for lack of fuel, the ar
st retching reserves ot oil shale in
the United States stand out as the
most Important resources of substi
tutes for petroleum oils, says the
United States Bureau of Mines.
These shales, veritable untapped
reservoirs of oil, underlie enormous
areas of the country. Those of the
most economic Importance occur in
Colorado, Nevada, Utah and Wyo
ming. Great areas ot black shale
occur, however, in various eastern
states, notably Kentucky, Indiana and
Ohio, and other shales are found in
many states. The great economic
Importance of oil shales is that when
the Industry is properly developed,
the United States will have a new
domestic supply of mineral oils,
which cannot be cut off in time of
war, and which will .always be ready
to help meet the nation's demand for
oil.
Tiie future of the oil shale indus
try In this country will depend pri
marily upon the relative supply of,
iiiul demand for, petroleum products
In the regions remote from the sea
boards, according to the bureau.
However, even under the most fav
orable conditions, development of
American shale oil must be slow, It
was added. Although this can be
hastened by the employment of spe
cialists, the proper kind of experi
mental work, and sincere co-operation
and mutual helpfulness among
oil shule operators.
NO REVENUE MM TO UK
REPORTED THIS SESSION
Washington, Jan. 9 (By The As
sociated Press) The House ways
and means committee decided that
no bill affecting the revenues would
he reported at this senslon except
those of a purely emergency nature or
direct assistance to the treasury In
administration of fiscal affairs.
B fj
At Kottivig
And Belgian Premier
Formally Announces
That His Government
Will Stand By France
Brussels, Jan. 9 (By The As
sociated Press) Premier The
unis formally announced to the
Chamber of Deputies the gov
ernment's determination to
"stand beside France" in the
occupation of Ruhr, saying he
regretted the Allies were mov
ing without England and that
"neither anger nor vengeance"
actuated Belgium.
Essen, Germany, Jan. 9 (By
The Associated Press) Ad
vance troops of the French Ar
my have already reached Kett
wig, seven miles southwest of
here, and the section to Dus
seldorf is half covered with
French forces, according to
private advices.
London, Jan. 9 ( By The As
sociated Press) The present
French movement into Ruhr
involving Duesseldorf will ter
minate at Essen, according to
official information from Brit
ish Rhineland observers. The
British maintain that they are
without official knowledge of
the French plans.
Paris, Jan. 9 (By The Associated
Press, The reparations commission
today voted Germany In wilful de
fault In coul deliveries.
The vote was three Jo one, the
British member casting a negative
vote.
Berlin, Jan. 9 (By The Associat
ed Press) "Force remains force,
whatever Its guise," declared Wll
helm Cuno, German chancellor, la
connection with the reported Inten
tion of France to extend her military
iiorte. me cna iiuei lur lei lilt ririn-u
1 actlon a breach of the Versailles
treaty ana ine use oi migni against,
defenseless people."
i Berlin. Jan. 9 (By The Associ
ated Press) Reuters Berlin corre
spondent says the German govern
ment is beliede to be preparing a
forma) protest to the signatory pow
ers ot the Versailles treaty In re
gard to the proposed occupation of
the Ruhr.
STRESS
VOCATIONAL
EDUCATION IN
80UTH
Richmond, Jan. 9 (By The Asso
ciated Press) Development of voca
tional Instruction in public schools
of the South with particular empha
sis upon teaching of agriculture and
ihome economics was dscussed at the
j regional conference today by dele
gates from twelve Southern states
under auspices of the Federal voca
tional education board, which con
tinues through the week. The open
ing session was devoted largely to
organization.
DURHAM MAN DIES
Durham, Jan. 9 (By The Associ
ated Press) Thomas B. Fuller,
prominent citizen of this place, died
at Battle Creek, Mich., last night. -
SOCIETY WILL (OXTIMK
DISTRIBUTING OK BIBLES
New York, Jan. 9 (By The Asso
ciated Press) The 1923 Budget of
the American Bible Society for the
translation, publication and distri
bution Of Bibles will lie $1,160,000,
an Increase of $40,000 over 1922,
Frank H. Mann, General Secretary,
announced recently.
Kstlmated requlremets totalled
$1,405,244, but a cut of $244,467
was made because Income for the
full amount was not In sight.
The amount voted will be used in
furnishing the Scriptures in mors
than 150 languages and dialects in
practically every country of the
world.
(X)TTON RKPOHT
Washington, D. C, Jan. 9 (By The
Ansocltaed Press) Cotton ginned
prior to January 1st, amounted to
j. 598, 908 bales, the Census Bureau
, announced today.
TODAY'S (X)TTON MAHKKT
New York, Jan. 9. Futures open
ed today as follows: January 26.3."
26. .18. March 26.65-26.67, May 26.81
26.86. July 26.60-26.58, October
24.76.
New York, Jan. 9. Spot cotton
closed, quiet. Middling 26.60. Fu
tures, closing bid, January 26.35.
March 26.58. May 26.77, July 26.45.
October 24.71.