Nat'l Committee Debate No t G enerally U nderst ood Acrimony in Dcniorrulic Organization a llaiip Over from Allotment of Tirkols al !Vlaction of Samuel Ainidon of Kansas who was selected as vice chairman.^ Mr. Ainidon has < been oil** of the staunchest of the McAdoo group but he was chosen unanimously. J. Bruce Krennr or Montana, however, who ns vice chairman had the unpleasant task of handling the tickets in curred S'-veral nlld they cuiue home to roost at the nation al committee meeting. The quarrel, however, was really a tempest in a teapot aiu! would never have develop- d n protracted debate hut for a par liamentary tangle which the inex perienced new chairman. Clvm Shaver, was unable on the one hand to straighten out. He was. on the other, reluctant to inject himself In the row because of the possible after-effects. Mr. Shaver Is a docile mx.t of a conciliatory disposition an.l he ilid not feel that he should begin his job by attempting to iron out personal animosities. Before the National Committee began its trcctlng there was talk of punish wV Mrs. Kmlly Newell Blair for her aliened activities In behalf Of \i>? \Hih> because as vice chairman ^h?- was nup posed to he ikuIihI. Sh? Insists "she was. But some of the ambitions nomen who wanted h? r Job used it as an excuse for an attaek. The fight did not de velop. however, and Mrs. Blair was unanimously re-elected vice chairman. It was a tribute to her Imlcfatlguable efforts In the com mittee r.nd part of a program or continuing in power the existing officers because of their familiar ity with the work of organisation. The moment it was suggested that the selection ef Mayor Frank Hague of Jersey City as vice chairman would be welcomed by the Democrats of the East, the McAdoo men In the committer promptly acquiesced and helped make his choice unanimous. Mr. Hague was a supporter of Clover nor A I Smith of New York. All in all the long wrangle was not of real consequence and Senator Thomas Walsh of Montana who made the fight for the retention of Mr. K remer said afterwards that the Incident had been given exaggerated attention. Mr. Kremer will occupy an Im portant post in the campalxn and probably will he one of the prin cipal managers In the Western campaign. Oeorge Brennan or II llnoip. who was the leader of the Smith rorces at the convention, paid tribute to Mr. Krenier's abil ity and said specifically that he wanted Mr. Kremer associated with the Western headquarters at ?Chicago. This illustrates, however, how rar behind the Democrats are In the matter or organization. Their convention was delayed and the notification ceremonlss held up tin, m lection of managers because the National Committee did not begin to function for the cam paign with rnll authority until the Clarksburg meeting. John W. Da vis Is expected here this week to help get tho national headquar ters going. There may be old sores which will continue to bring out personal differences but they do not affect in any way the support given Mr. Davis. He has a remarkably united organization ^104.1)1?',... ItKI'OKT ON COTTON CONSUMED IN JULY ? i -hlnRton. Auk. 14. ? Cot Inn ronmiini'd during July totalled .".18.871 balm of lint and 40,884 Hiifom. iho Ccnnu* Htireau an nounced today. MKEKIN9 AGAINST SHIP COMMISSION RalHgh. Aug. 14.? *lk o Me*k !n?. aftor trying to lino u|i thur people hero nt home have realized the poHslhlliiie.s of the movement sot on foot Ir. establish ing a country club for IClizaheth City. It may mean for our sec tion all that Leonard Tufts has meant to IMnehurst.^Iiet one such millionaire acquire and develop large trarts of the lands bathed by our watercourses and the Al bemarle will become as popular a rinort for the Nation's pl< asur? seekers us Is the region around rinehurst atid Southern l'lnos to day. "We have a climate that Is practically Ideal, between the ex treme fiiWl t?f 111.. North and >!??? extreme heat of the slates to the south of us. With this climate and with the Coaxial Highway to make our section accessible to touriHts we nhall need only to be discovered to make the Albemarle a household word all along the Atlantic coast." Field A year n go. while on hi* way to San Franeisro wliM* he dlod. President Warren O Harding turned "dirt farmer" one day at llutchlnaon. Kas . and shucked wheat. On the r.pot where the into president handled hi* last bundle of wheat has been erort?-d*a monument (upper), pnld for by contribution* from r.i hool children Elizabeth Humphries flower right) then 11. recipient of a klsn from the ehicf executive during hi? \laii. un veiled the monument. In the lower left Harding !n shown a* a 'dirt farmer" on the npot IIOMR WRECKS ACTIVE CHURCH ?Niagara Falls, IN. Y. Aug. 14 1 ? The interior of the Firm Ita pi 1st church here was wrecked and windows In busl- j n?*s5 places along Main street for a block wero broken today by :i liniiitj explosion -? Tlio pastor hail been active in . cr.isados agnlnHt pla?'?'H of vie." in (he city and vicinity and tlio church had bwn un der police protection lc?r ?utr era I weeks. Americans Have Become Nation Of Bond Buyers Liberty Bimil flnmpiiiciis Duriug World War Kdin jilrd IVnpIc to Advuiilupe* of Itond Invmlnirnls Which \ to lh?* IiilrreMl in London (ionfrrrnrr li> J. r. (Co??rl?ht. New York. Auk. 1 1 ? Hundn ?|k of thousands of Americans have h?fn watching the progress of the London conference, not as a re sult of a general or academic In ten-st, but from the point of view of personal investment of funds. At present there is a tremendous volume of money and easy credit available. This Iihh been shown In tlx* easing of money rates. It has tended toward the ex pansion of business operations and tin- undertaking of new busi ness and industrial ??nterprises. In the last month &0S good sized new enterprises were started with a capitalization of $f>72.000,000. Tliia was an Increase In capital outlay of $127,000,000 as com pared with llt*-e*rrrspffndinK pi rlod of last year. The easiness of the money mar ket ban also b'-ttered the demand for IiIkIi grade bonds and. since America entered the war. the f'nltcd Statoa has 'become a na tion of bond buyers. Investors are scanning rlosely the condi tions which will dictate the loans to be floated for the rehabilita tion of Kurope If the Isondon con ference attains Its object. Their eyes have be??n- on both the plac ing of their own surplus money and on the effect which Kurop?an loans may have in stiffening rates on money available for business enterprises. The Investments of the average American have undergone n com plete change In the last ten to 15 years. Twenty years ago there wer" approximately only 100 houses in this country devotnd to inv^stm^nt banking. Most of these bad relatively few large customers, such as insurance com panies. estates and banks. A part ner or one of the largest New York bond houses said today that 15 years ago the unit of sale of his company was around $43,000. In 1 f> 2 1 their unit bed declined to $2,300. but (he total volume of business had Increased tre mendously. The widespread distribution of Liberty bond* changed the whole ItOYI.K By Th? Adr?nff ) trend of the bond busings. Prior to the war. 09 per cent of the people of thin country did not un derstand what a bond wan but the sale of Liberty bonds, accompan ied by an educational campaign made bonds popular with the small Inventor. Ilond houses have multiplied and intensive pales methods bucIi a* those used In life Insu ran co have conn* Into use. During (he period of low Inter eat rate* Just after th?- war. bond houses became almost as thick an corner groceries. There wan a stampede to pet. Into the bond huslnesA. This reunited in un healthy conditions nnd unbound sales methods. Many were In duced to buy bonds on the theory that the securities would be sure ?to go up In price ami that nn lm" mod late profit could be taken. In fact, there was an orgy of specu lation In bonds. That condition had to come to an end and the reaction began In 1022 and lasted until the fall of 102.1. Weak, unsound compan ies generally were weeded out and with the shaking down pro cess, Investors secured a more thorough knowledge of bonds, their ruffle Hnd the effect of their flotation on the money mnrkets of t h?- world nnd Its relation to husini ss. ""This knowledge has been strengthened by th^ statistical and advisory staffs of the success ful houses which survived. The modern investment banker makes a specialty of diagnosing the sit uation of the prospective investor, analysing bis requirements nnd explaining the ramifications of the financial situation. Hence investors nnd business men of every class arc deeply In terested at present In the pros pective foreign loans and Ameri ca's participation In them, realis ing that they havo an intimate ben ring not only on future for eign commerce and trade hut also on the money alt nation which will confront each business man when he lays his plans for future de velopment before his own bank ers. BOYS' BAND I'AKADK ON FRIDAY MORNING The lloys Hand parado will be gin Friday morning at 0:30 and will bo carried out in detail as was planned for Weduosdny af ternoon. - Following Iho parado the hoys will make a bouso to houau can to the Hlizahetli City Boy's Hand. Tonight at some tlino ? uobody Mcmfi to know when ? (lie boys will stage n band wagon concert over the various sections of the city. A number of poople have re sponded liberally lo the drive for the success or the IJoyH Hand. Howover, thore siiil teen to be a few who fail to realize the bigni ficance of a Boys Hand in Kliza belli City. Thane who havo 'made contri butions will b<* listed In a subse quent Issue of The Ailvancc. IIOP OFF FRIDAY IBf Ttii" Awrliltd Iteyjavnlk, Iceland. Auk. 14. ? Tin* American round the world fliers will leave on their hazard ous flight from Iceland to Green land tomorrow. DEFENSE QUESTIONS Dlt. IIUGIl PATRICK Wjr Tin Atanclalrd I'rm.l Chicago, Aug. 14. ? Thf? de fense consumed tho morning ses sion of the Franks heating with now examination of l)r, Hugh Patrick, alienist for the prosecu tlon. designed to show tTiat his conclusions that Ijoopnld and l^oeb are sane were based on Inade quate Information and examina tions. Henjamln Bachrach reached Ills objective with the question "Did you ever In your II fo make nn ex amination under such conditions?" "No." replied Patrick. * DAI.IAH HIKKMAN flAYH UK WAHN'T KVKN TIIKBK Dallas Freeman, proprletcr of the Coney Island Lunch Room or. Matthews street, today denied th.it he was present or even In the vi cinity of Berkley Avenue and Wilson road. Norfolk. Wednesday night, when, according to a new* story in the Virginian Pilot, Dal ian Freeinan ?nil a jfoujiK uwn. named Da I ton. both of Elisabeth City, were attacked by a ban'l of ten nv-n. The story goes on to say that two girls who gave their names as l/Oilise Dowdy of Nag* Head iind lectin Dowdy of Berkley Aver nue. wer" with Freoman and Dal ton. The fight was broken up. the girls taken to the Norfolk po lice station, and Dalton and Free man made their escape, according lo the report. Freeman said that he did not know the "Dalton" who was said lo have been with the young wo men. COTTON M \ UK FT New York, An*. 14.? <5pOt cot ton < lotted steady. Middling :{?? 40. in advance of 45 points. Fn lutes, closing bid. Oct. 17. ?6. Dv;, ?i.0S. Jan. N.I7, March 27.IV 27 SI. July S4.S0. < WILLIAMS ASKS TO CLARIFY BILL Senaliir from I'liMiuolniik IVIIh l^-^ixhitiirc II r Kauli. lo Juu?-U>;l Hr II ua i? \ i.i. On. Italelgh. Aug. 14. ? Picturing Kastorn North Carolina as now hound down hy high froiglit rates with many farmers and business men on tho verg^ of bankruptcy and declaring that this could ho remedied hy establishment of noa port facilities with tho threat to establish ship lines If needed, Sen ator Charhs U. Harris of llaleigh Carolina Senate to pass the I'urt today pleaded with the North Commission hill without reference to tho people. He opened the debate on the amendment adopted In the water rnmmorco committer which would delete the referendum section from tho hill as drawn hy tin Attorney General and Introduce:! in th" upper house and was fol lowed hy Senator Sams of Knr syth County who pleaded for the referendum and hy Senator l)e I.ancy of Meeklenhurg who asked direct pa Mage of the measure without waiting for the November election. Raleigh. Aug. 14. ? -In order that the leaders of the force* fav oring the pannage of th- port com mission hill without a referen dum might have time to pn-parn their arguments, tho measure yes terday was madr? a special order of business for this mornln* at 1 1 o'clock. As a r?mult the expected fight on the measure did not d?? volop In the Assembly yesterday although Senator Harris of Wake Cotinty stirred up a brief sharp mesaag" when he requested the delay. The MM wn? with the referendum clause strick en out in committee and shortly after th" Senate convened trus tor Harris asked that It be made a special order for today. Out anil out opponents of the measure which provides for $1,600,000 worth of bonds to fi nance tho building of port termi nals and '^tabllshlng a Stale Ship line If neressary, sounht to have It tak?n up Immediately. Senator Williams of rdfttffft tank urged that amendments at least be considered. "lon?'nf?i 'o limit, debase hut that they merely wanted to know what they would have to debate. He said ho wan pressing only for ptettlement of tho referendum phraae. Senator Harris declared that ho wan merely asking time for Mmself snd Senator l?e||Hniy and Brown to prepare their argu ments and plan their fight. Dr H. D. Walker returned rhuraday from Nags Head where lit apant aararal days NEW BUILDING IN PROSPECT Iw irk Slriirliirr to House Mci'raiitilr KnlrrpriKrH Is l.ik?l\ to (io l'|> INrxl to Alkrama in Near In lure. Tit* Picture l*?ty oil I ho l?a? tiuolank to he on the ? ve 1 i?f a now era of building expan sion in it h biiNincM district. ? WtOi nl Hit- l.ugost de part in cnt-ato re* in- th?? Miy In iho in ?eenpled . and with one of the largest buildings on South Water ?t reel recently rejuvenated hy an entirely new- front besides" vx ten slve repairs. I hero Is every indi cation that not much longer will it be tlw case that new mercantile enterprises seek to enter the city and find themselves unable to do so- for lack of room. Only last week The Advunce carried a news item lo the effect that A L. Aydlelt on West Main street was preparing to remodel { his residence into a si re building with apartments above the first: floor.. Now? comes the hewn that plans are l? Ing laid for the early erection on' the .corner of Mat thews and Mc.Monine streets, next door lo the Alkraima, of a new hrlck building with quarters for Ml *1 m-.-i. inr.'i- Ml each hire. I. W. It. l.ambert is sponsor for this undertaking. and ho says thai all arrangements are perfected pro vided only that the bids for the proposed building, to l>e opened next Wednomlay, do not seem ex cessive. "I have even prospective ten ants ready to occupy each of I he proposed stores as soon as the building can he completed.** Mr. I.uuihcit told a reporter I h is vo?k. IIKIITKOIIU PltKIMItKH Foil TKXMS M KKT IIKIIK Hertford, Aug. 1 4.? -Hertford's tennis players have been on Iho court here more than usual this week preparatory lo the first game wlili Elisabeth City on Fri day afternoon. ? U i*-hol4ov Comparatively Simple hut for Ami-rienn Attitude i?f l)i'uiaiuliu? I'uymnil in Full Slims Advimcril Allies to l ifilil Common Foe IIY THANK II. (Cnpyrirht, 1 "? 2 I . by McC Washington. Aiiisurt 1 I. - The1 'MillbH'ltJltlve NvrwusTH from I .f ii IK * riiTifj-n-iici' to fol? < 1 ii w closely up. mi th<- termination of tin* present ami to iiiwl lti< i'nris fBr-thr ffnnwww* of dealing w i t ! i I lit** i*m II !?* ec le ir.lm t 1 l? no v ? ? r- t lie-b ?s s op ens new and- interest Iiik horizons. Assuming tlist the London conference will dispose of the subject of tieriiinn reparations if Is patent that Ihe next obstacle to readjuntiuent In the mass of debts which are owln? between the several European countries? naturally the Allied debts to the Fnil? d States will not he dlst CURped. Roughly speaking, Hie situa tion with respeet io these debts Is this: Thrre hi owing <>real Itrllaln from her allies upwards or $!).OOO.OOO.POO ami to Prance more than $2,000,000,000. Ilel glum nw.es both llrlialn. ? and 1^'iHiw, while Franco is at once the creditor .of Ib'tglum and the debtor of Hrilaln. Italy, loo, is very bettvlly In the ? HriHsh debt, as slut la in that of the Pulled States. In lf)23, Just before Ihe Ruhr men nation, . it.tiiai I'rlnte Minister of llritmn. pre posed to the KuriiiM'iin allies that all the nntns owing to Croat flrl tain should be liquidated on the basis of annual payments 1?> Bri tain covering l ho diflferencn; be tween wliat (Jerniany would pay to Knr.lund on Ihe reparations ac count and llrltain had just ohll KhI'hI herself to pay to America lo discharge her war-time borrow In t;?. Assuming that Cermany will pay around $600,000,000 an nually, linger Ihe . Uawes plan, the llritish share would be about $132,000,000 and as the maxi mum payments to America will be about $1X4,000,000 Itritain would thus ask about $50,000, : 000 annually In return for can celling obligations whieh nomin ally amount to $0,000,000,000 and would If paid for on terms 'like tiiMiw of the American debt bring to the lirltlsh Treasury not 1< m t ii ii ii $400,000,000 a year. This llonar I. aw proposal was rejected at Parh for a variety of reasons and assertions have been made officially in London that it has lapsed; it la hard to believe, Chicago Black Belt Is Center New Crime Wave Anil Another itriMMi for (ionrrrn in Windy City Which Now 2(M),(MN> Negro Population 1.4 thai llic ltlu<-k licit Won't Stay I'm fly O. V, (n??yi!?M. 1974, Oileauo. Auk. I l Tin* u Ih-U" gradually ?-x(rrti'llii through tin* ci-ntor of Chicago in brlntt fou nil (In* fmlrr ??f the mid-sum mer crime wuvc that Imw p.wcpt flu- rlly, bringing an almost un precedented number of killing* and major feloiilea. lion- on becoming seriously coli cs rneil au ("be negrom l?ave the old penes and trek rraduaily south. Already they have taken over the one time "gold c?a*l" of the nouth able. In KC;ilt?-rWK|?.i|?..r Syndicalw | '' b- ? ?2 n"w,r"" IirKalii hIhiii ii| | , ?uor. . (?f ri . J?1* to got liniVi'nc l!"!'Z,"ZZ ,;rr,""n' "?*>? umler ri?n?7 ,^l h'ro '?> l2fi.onii.onu i.'i m.ln',000,,000 "n<1 Upon II,.. tl?n? have never r i, nta' "??" to diHf'llll <| r?Hn> l-Vnnce. f?r , .*? J'1 Hrlllnh loan. Moo.ono live* ,',V V ll"v|nK lost '"I- all II,,. II,.,., ?"1""1 900.000 linvlrtK mirrereil | ... .Kn">lr? and '?"latino. h?M: , , ?- ??tn" ?h?l re,?,,r? i blood and In ninnr.y of llrlialn 'Mlrltii. ""rvlVea """ <>ar ""'"Ity fr?ni ili-lii in L 10 'm roaliiv ii P^*ce. Pro bahly r,h'' "rltlnh >'" lr ,|?|? ,.7 f?"erd t? ? Him alll,? .* "' "I""' flielr W1.< ?hVl^S" 1 ",'r h"??'n ^I'^llon ", i ,wo '?'iiiian idnri.n, ",f! ""n of """ nf n.ll'iYr, ","1 '''due t-hu* i,f ^ ?nd N.u-ni/ TliTX'"'* ?n "? Con. '??' roralh i ? ' " '''in, It will lh" lUfHtlnn n?T,oIr0t W,th 85 ^.h,^nrj? o%f: ||?, i).,?,. * "lull par "MY, -"Mi. ,l"'1 If lhl? Hn, , ?""y ?"( baala ?r (|,? A ?" 71 ">? ?^1 aVr -ii d?Sv:V: rr3r-.n ?""-|>l lr ,i,e i. ^ r*n'" cap rar' y a Mrlf |n|i 5 ?M. i. houn<1 ?l? anrely "I1 -he Period Hnrl wIihi I- !!?n * ,on*T P">ni-nln nf (lerm-nv :;r"- TS&.55 ff ? Mff Oinald- -caw net the tarwi of ( h?> Herman dr fit fixed, that In IIh- period In which It in to run. If ho can get the min of the an I mini payment actually flxrd and thus make It n cloned n?a*tlon, ho will obvloualy do away with two remaining ohutacU'H fo readjust ment On th?? other hand If he trba lo Join the two oupittiona of d?"bta and armamrnla he may eaa~ II V conic to tfHrf hr-ratis" non# of the Continental countries wITI consent lo run rlaka which they r?r.ard a* aerloita merely to get ii'lv ? fttau^oua arrangements In I the matter of deftta which they?4o not re^Hrd an morally bindlna. In I h<> hack v. round, of coura*,. ll"a the problem of American ?l"htx The total Mint of (Jcrman r -pHrutlona n* now lived b y tho |>uwen plan, that la. the amount of the annual paymerita. namely ^nno.ooo.noo, would not be auf flefent to do much m'?r* thSn chc jry the debt of the Allied countries to America; In fact only FrntiM would get more from Germany than ahe would be called upon to pay America. Thua. If no adjust- i 'rnenl were ultimately mada with] \m?*r?ca, the net effect of that'! l>awea plan aettlem^nt would M the tu.ni