Henderson daily dispatch., January 25, 1932, Page PAGE FOUR, Image 4

About Henderson daily dispatch. (Henderson, N.C.) 1914-1995

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PAGE FOUR
HENDERSON DAJLY DISPATCH
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pay iir Kntsrprtee A**n* , .»tlon, Douth
ora Nswspaper Publishers Association
aai U« North Carolina Proas Aaoocla
tea.
The Associated Proas la oxolaalraly
minted to aao for repubitcalloa all
•own dlipatchn credited to It or not
otherwise Cl edited In this paper. and
also the local aewo published heroin.
All right* of publication of special
ir~r~*-*~ — hereto are also reserved.
luaathimo.t prick*.
Per able Sirirtiy la Advaaee.
M* Tear IMi
an Months
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Tar Copy **
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Rotleeel Ad«erll«lea Representatives
FROST. LA Mill* A KOH.V
Ml Park Avenue, New Vork City: II
last Wider Drive. Chlca*o; Walton
Malldlns. Atlanta: Security Building,
R. Leuli.
Rat*red at the post office In Hender-
Son. N. C.. aa second close mail matter
he— lulwweadiMinieia-hka
MAN'S WISDOM FOLLY: The
Lord bringeth the counsel of the hea
then to naught, he meketh the devices |
of the people of none effect. Psalm
33 10.
MORRISOX DID RIGHT
Had Senator Morrison accepted
Frank Grist's challenge to a joint de
take In this State he would have fool
ed nearly every one. including prob
ably the challenger himself. Mr. Grist
had a perfect right to ask the sena
tor to discuss the issues of the day
with him. and the senator had a right
to refuse, as he has done, and nobody
will hold ti against him because he
tias elected to say in Washington and
attend to the duties assigned him.
Three candi<teses are 4 already In
the field contesting the senator's right
to hold the high office to which he
was appointed by Governor Gardner,
and which he is seeking to retain by
standing for election. But we doubt
If there is any widespread belief that
be is in serious danger of being ousted.
Morrison, to our way of thinking. Is
the best equipped man of the four.
Including himself, who are in the race
to serve the Interests of this State in
the United States Senate, and we are
of the opinion ihat the primary of
next June will show that the ma
jority of the people of the common
wealth hold that same view.
What good could have been accom
plished by the senator leaving his post
of duty In a critical time like this in
the nation’s capital to come back to
North Carolina and engage In a de
bate with Frank Grist? Frank is a
good fellow, so far as our knowledge
goes, but we have no idea he w.|] ever
go to the Senate Perhaps Mr Mor
rison feels the same way about it. and
possibly that is one rea.«son why he
decided he had l-etter mind his busi
ness in Washington,
BANKS ARK REORGANIZING
Determined steps arc being taken to
reorganize the United Bank A Trust
Company, which closed several weeks
ago during the panic of dcpow.tors
that carried all too many of our fine
financial Institutions down to ruin.
The United had Its home offices in
Greensboro wim branches in Reids
ville. Burlington and Sanford, all of
/these going down with the parent
bank.
Some of the hanks that closed during
that tragic two weeks already have
reopened and others arc making hc
roiA-efforts to get into operation again.
There are renewed assurances that the
Fin*. National Bank in Henderson
may get back on its feet, and indica
tions are that the movement discussed
at some length in the past three weeks
will take on added momenutm as
soon as a receiver is appointed and
*t is learned jus* what can and must
be done to revive the bank.
U would seem that here is a won
derful opportunity for the govern
ment’s reconstruction corporation to
be of service. Much has been talked
of attempts to thaw out frozen as
sets of closed banks, but if tihia could
be done now and done quickly, H
would furnish the greatest possible
Impetus to many locali
ties where activities Rave been baited
through the freezing of funds i>elong
lng to business and individuals. After
all ia said and done, the smart boys
can do the wfoole country a good tur n
by devising tome kind of a system
whereby bank deposits can be guar
anteed, even If the whole banking
structure baa to be rebuilt ,
GREEKS REARING GIFTS
The country was stunned by the
statement of Governor Smith teat
week that the eighteenth amendment
te in the Federal constitution to stay.
He of all men. save possibly his cam
paign manager of 1928, the resource
ful Mr. Raskob, is the last from whom
such a declaration was to be expected.
But in almost the same breath the
governor trumped up his old standby
plan to allow each state to handle the
problem as It sees fit this to be
brought about by anothar amendment
to the Constitution.
Despairing at last of eve rgetting
the eighteenth amendment out of the
nation’s organic law, this arch enemy
of the great moral reform would have
it nullified by additional legislation.
Friends of prohibition will not be lull
ed to sleep or into inactivity by this
cunning assertion by the former gov
ernor. It Is well to beware of the
Greeks bearing gifts. Don’t trust your
enemies too implicitly, no matter how
conciliatory they may profess to be.
The wets have boasted of the great
gains they have made in Congress
during the recent elections, and have
claimed that on any test of strength
they would show some of te fruits of
their victory. But what happened
when the showdown came? In the Sen
ate the test came the other day, and
the vote was 55 to 15 for the drys. The
question at issue was a proposal to
ask the governors of the several states
to hold referenda to sound out senti
ment. Os course, the wet propagan
dists were quick to deny that they in
tended this as a real show of hands.
It was nothing of the kind, they said.
But what else could it be?
The drys are at last waking up. Stif
led by the smoke of their house burn
ing down upon them, they have roused
themselves quickly. But they have
not half way gone into action yet. The
folks who talk so much about how
poorly the law is enforced and of
what a failure prohibition has been
have not yet explained why it is they
are so anxious for the repeal of the
eighteenth amendment if conditions
are as bad as they would have the
country believe. No doubt conditions
are bad for them. They want liquor
back for the money they can make on
it, in one way or another.
Governor Smith, we believe, is right
in eßying that the prohibition amend
ment is in the Constitution to stay.
And the drys of America are deter
mined that it is not going to be nul
lified by the adoption of another
amendment transferring control of
the liquor traffic to states to do with
as they please. By their high-powered
propaganda organizations, iwets
have sought to get across the idea
that prohibition has failed. But It
has really done fairly well, in view
of the ohMacles that have been thrown
across its path at every turn of the
road. The dry law has not been all
that was hoped for it, but it has
brought about a great transformation
for the better in this country. Condi
tions are not as bad as they were un
der the saloon, and twelve years of
experience with prohibition have been
enough .to convince every one who is
willing to be convinced that the bene
fits of it are infinitely greater than,
could be hoped for by a return of the
old days.
GARDNER OPTIMISM
Governor Gardner brings back from
New York and Washington a lot of
optimism about the future, and the
cheering belief that North Carolina
will be one of the very first states
to escape from (he grasp of the de
pression He says this will probably
he true because of the fact that the
State began early to make prepara
tions to meet th_* slump by revamping
iis revenue system and curtailing ex
penditures. There is no question but
that the steps taken by the State gov
ernment has put the common weal tsi
in belter position than it otherwise
would have been.
The governor finds Washingtog agog
in approval of President Hoover’s ap
pointment of Charles G. Dawes as the
head of the reconstruction finance
corporation. We have yet to hear
one dissenting opinion that act of the
executive. Dawes’ “hell and maria”
determination to cut through red tape
and get results is known throughout
the country, and we are not so sure
but that he wouldn't be a good man
to head up the Republican ticket this
year If by some queer turn of fate the
Democrats should fall to get their
candidate over. The governor has
great hopes for the new finance cor
poration. What it does must come
quickly, and formality must be re
duced to a minimum. The former
vice-president and ambassador can
do that job at a pace that will make
moet folks dizzy who are looking on.
The new relief body holds great pos
sibilities for helpfulness, not the least
of which is the psychological effect
of its existence and its readiness to
be of assistance.
As for North Carolina and the de
pression the State government te be
ing placed upon a pay-as-you-go basis
and every possible expense, accord-
HENDERSON, IN. OJ DRILY DISPATCH- MDUfctfViWA'NUARY 26, 1082
Ing feo advices from the capital city,
Is being reduced, and many eliminat
ed entirely possible. On suc%
a plane as that, tbe State will be In
position to reap the benefits fron
any quickening of business, if and
whenever that cornea about. If such
heroic effort* had been made to pare
down coats in the nations govern
ment there would not be the neces
sity of so much tearing of the hair to
balance the budged and .find new
sources of taxation. It looks like
North Carolina's governor might have
remained In v a little
longer and told the folks up there
something about how to economize.
FINDING NEW TAX MONEY
Congressmen who are wrestling with
the problem of finding new sources of
revenue to balance the Federal budget
are beginning to realize some of the
difficulties telkch faced, the North
Carolina General Assembly a year ago
when it stuck to its job five long
months trying to do the same thing
and then failing in the attempt.
Thoughts of increasing the levies on
tobacco and automobiles promptly
meet with Stubborn resistance from
those quarters in the national field
as well as in the realm of state tax
research.
Even the farmers in some Instances
have joined in the movement to pre
vent higher taxes being imposed on
the tobacco Industry. They have been
told that it would further depress the
price of their raw product. Tobacco
itself is bearing its part of the load,
but if more money is desired from
that source the manufacturers should
pay it rather than the growers and the
consumers.
The motor industry claims that
higher taxes on its products would
slow down sales, which would mean
lower production, more men out of
work and the general retarding of the
movement back toward prosperity.
That la probably true, yet if more
money is to be had it must come from
some source. • Only a few businesses
have been able to show profits dur
ing the depression. Naarly every
branch of industry is suffering along
with agriculture i n the shrinkage of
volume and profits, but the argument,
in the final analysis, always comes
back to the starting point, namely,
the money must come from some place
or else expenditures must be curtail
ed, if the budget ia to be balanced.
As a matter of fact, it is imperative
that there shall be a quickening of
activity all along the line in order
to hold the gains made during the last
decade.
TODAY
TODAY’S ANNIERSARIES.
1627—Robert Boyle, great early Bri
tish physicist, born. Died Dec.
30. 1691.
1759 —Robert Burns, Scotland's great
est poet, whose errors the world
forgives for the sake of the
glorious humanity he sung. born.
Died July 21. 1796.
1783—William Colgate, founder of the
great firm of the name 126 years
ago in New York, born in Eng
land. Died in New York City.
March 25, 1857.
1813—James M. Sims, noted American
surgeon, noted for his develop
ment of the science of gyne
cology, born in Lancaster Co.. S.
C. Died In New York, Nov. 13.
1883.
1825—George E. Pickett, celebrated
Confederate general, bom at
Richmond, Va. Died at Norfolk.
ViL, July 30. 1875.
1841—Elizabeth P. Bond, noted college
dean, born at Clinton. N. Y. Died
in Philadelphia. March 19, 1926.
1852—Arthur T. Cabot, noted Boston
surgeon of his day, born there.
Died Nov. 4, 1912.
TODAY IN HISTORY.
1890—Nellie Bly. New York journalist,
completed a tripe around the
world in a little more than 72
1-2 days.
1915 —Transcontinental telephone line
connecting New York and San
Francisco opened.
1925—Tomb of King Tutankhamen.
Luxor, Egypt, reopened.
TODAYS BIRTHDAYS.
Charles Curtis, Vice President of the
United States, born in Shawnee Co.,
Kans.. 72 years ago.
Matthew Woll, 3rd vice-president of
the American Federation of Labor,
born In Luxenburg, 52 years ago.
Edith Wharton, among America’s
greatest of novelist, born in New York
City, 70 years ago.
Marlon Craig Wentworth, author
and lecturer, bom at St. Paul. Minn.,
60 years ago,
William Ellery Leonard, noted Uni
versity of Wisconsin poet-professor,
bom at Plainfield, N. J., 56 years ago.
Ernest F. W. Alexanderson, noted
electrical engineer and inventor of
Schenectady, N. Y., bom In Sweden,
54 years ago.
Thomas H. Briggs, of Teachers Col
lege, Columbia University, leader in
the field of education, bora at Raliegh,
N. C., 55 years ago.
Emil Ludwig, famous German bio
grapher, born 51 years ago.
TODAY’S HOROSCOPE,
A strong will and a commanding
disposition Is Indicated although the
moral nature 1s not equally strong.
Therefore do not dally with the plea
sant things of life, but enjoy them
only In hte leisure moments. There
will probably be success In business,
depending upon the amount of will
exerted.
{KANCIAISTAHIS
OF STATE IS GIVEN
Bureau of Census Figures
Cover Fiscal Year Ending
June 30, 1930
Washington, Jan. 25.- -The Bureau
of the Census announces a summary
of the financial statistics of the State
of North Carolina for hte fiscal year
ending June 30, 1930. Jhe per capita
figures for 1930 are based on an esti
mated population of 3,155,000. These
statistics were compiled by Carl K.
Mahler. ,
The payments for operation and
maintenance of hte general depart
ments of North Carolina amounted to
$28,585,812. or $0 06 per capita. This
includes $6,450,8-10, apportionments for
education to the minor civil divisions
of the State. In 1920 the per capita
for operation and maintenance of gen
eral departments was $7.29 and in
1917. $1.96. The increased per capita
reported for 1930 was principally due
to increased payments to minor civil
divisions for educational purposes and
for highway maintenance The pay
ments for operation and maintenance
of public service enterprises In 1930
amounted to $21,302; interest on debt.
$8,065,639; and outlays for permanent
improvements, $13,756,272. The total
payments, therefore, for operation and
maintenance of general departments
and public service enterprises, for in
terest and outlays were $50,429,025.
The total include all payments for the
year, whether made from current re
venues or from the proceeds of bond
issues.
Os the governmental costs reported
above, $19,764,209 was for highways,
$8,771825 being for maintenance and
$10,992,384 for construction.
Revenues.
The total “revenue receipts sere $16,-
573,844, or $14.76 per capita. This was
$9,901,091 more than the total pay
ments of the year, exclusive of the
payment? for permanent improve
ments, but $3,855,181 less than the
total payments including those for
permanent improvements. Special pro
perty and other special taxes repre
sented 20.6 per cent of the total re
venue for 1930, 23.3 per cent for 1929,
and 50.2 per cent for 1917. The in
crease in the amount of special pro
perty and other special taxes collect
ed was 223.2 per cent from 1917 to
1930 but there was a decrease of 0.6
per cent from 1929 to 1930. The per
capita of special property and other
special taxes collected was $3.04 in
1930, $3.12 in 1929, and $1.20 in 1917.
Earnings of general departments, or
compensation for services rendered by
State officials, represented 9.8 per
cent of the total revenue for 1930,
11.3 per cent for 1929, and 20.4 per
cent for 1917.
Business and nonbusiness licenses
constituted 56.6 per cent of the total
revenue for 1930, 53.6 per cent for 1929.
and 14.4 per cent for 1917.
Receipts from business licenses con
sist chiefly of taxes exacted from in
surance and other incorporated com
panies and of sales tax on gasoline,
while these from nonobusiness licenses
comprise chiefly taxes on motor ve
hicles and amounts paid for hunting
and fishing privileges. The sales tax
on gasoline amounted to $13,526,986 In
1930 and $10,719,643 in 1929 .an increase
of 26 per cent. The rate was increased
one cent per gallon.
The total funded or fixed outstand
ing June 30, 1930 was $173,282,400. Os
this amount $108,399,600 was for high
ways.
The net indebtedness (funded or
fixed debt less sinking fund assets)
was $164,931,691, or $52.28. per capita.
In 1929 the per capita net debt was
$52.06 and in 1917, $3.85.
Assessed Valuations and Tax Levies.
In North Carolina there is no levy
of the general property tax for State
purposes.
No Fond Farewell
mm Imp m n I|
| "fa -■><*>«.
WL lu - jrJ
Francis "Two-Gun” Crowley,
above, went to his death in the
electric chair at Sing Sing prison,
Ossining, N. Y., without seeing
Helen Walsh, inset, the little girl
who was rf'ith him when he was
surrounded and arrested by 300
police in New York. Although she
had asked the courts to fix it
so that they could pass his last
day together, Crowley did not de
sire to see her. Her testimony
was damaging to his defense at hit
trial for the kilHhg of a New York
£oUQeman«
Ax-Idente Will Happen!
LOAN FUND THIS
YEARINADEQUATE
Carolina Students May Have
To Leave School Because
Os Lack of Funds
Chapel Hill, Jan. 25.—Scores of stu
dents will be forced to withdraw from
the University of North Carolina this
quarter unless their financial troubles
can be relieved by an increase in the
student loan funds.
CROSS WORD PUZZLE
-
* 2 PFT |Honrr d? j
H
i7 Si*
zo ™ wmmaarte
IBp4
31 53
44 4^
45 49 5 C\
57 56 ’59 MKT “6*
6b K7
H 11-1 H 1 rrl~l U
ACROSS
1 Worthless
5 Collar worn in the
16th century
10 Couch
14 Metal
15 Muse of lyric poetry
16 Shear
17 Oval edible seed
18 Digger of metal
19 Exclamation of
tesorrow
20 Received with for
mal demonstration
$2 Connect
$4 Bang
25 Small bottle
27 Exist
29 Related by blood
•0 Hostile Filipino sol
diers
24 In favor of
1$ Independent Asiatic
kingdom
*8 Wan
$9 Digit
40 Science of love
42 Writing tablet
44 Son of Isaac
46 Feminine name
47 Greek letter
48 Judicial writ
51 Rodent
51 Printer's measure
54 Join
55 Edible bivalve
57 Berates
60 Obsolete motor coeta
62 Feminine name
64 Cloth used for
drying
67 Appendage
6$ Kiln
69 Place of combat
TO Collection of Ice
landic literature
71 Try
*1 RoqdUad deity
For many years the University had
more than enough loan funds to meet
the requirements of students seeking
financial assistance. But the depres
sion greatly increased the demands
for these funds, which in turn have
not been incerased in proportion to
the demands.
Realizing that many University stu
dents are on the verge of forced de
parture, but are hanging on the hope
of help in the form of loans, President
Frank Graham and other University
administrative officials, in cooperation
with the Alumni Loyalty Fund and
Central Alumni Office, aree making a
vigorous effort to add substantial
amounts to the present loa nfunds.
The search for human fossils is one
of the eager pursuits of the geologist.
72 Repose
DOWN
1 Bones
2 Extent
3 Takes on fuel
4 Abolishes
5 Recollect
6 Dry
7 Excommunication
8 Devoured
9 Sultry
10 One of a series of
ornamental curves
11 Jar
12 Authoritative com
mand
12 Part of a church
21 19th century French
historian
22 Auditory organ
25 The plane-tree
26 Compound of a
Answer to Provisos Puzzl*
L— I/M2LI | P BMBQERI& 1
P <
halogen __
27 Later ®
28 American elk
31 Back of the neck
32 Make happy
33 Closed car
35 Harvest
37 Affirm
41 General ppmmunL
cation n
42 Closes
45 Howling
49 Finish
50 Views
52 Rag
56 Conqueror of Lee
at Gettysburg
57 Native of Scotland
68 Small boy
St Crude metal*
60 Forbid
61 Free*
62 Thin board
65 Anglo-Saxon moaojf
66 Moist
NOTICE OF BE-SALE
The undersigned trustee in two cer
tain deeds of trusts executed by Hay
wood Henderson and wife Kate Hen
derson and recorded In Books 140,
Page 319, 180, Page 212, Register of
Deeds office of Vance County, after
due advertisement as in said deed of
trust prescribed, on the 30th day of
December, 1931, offer for sale the
lands as described in said deed of
trust, the highest bidder was 8223J0
During the period of 10 days for upset
bids as provided by law, a bid of 10
per cent has been offered, in addi
tion to the 5225.50.
Now therefore, by virtue of power
contained in the deeds of trusts, and
under an order of the Clerk of Su
perior Court of Vance County, the un
dersigned trustee will again on the
23rd day of January, 1932, at 12 o'clock
on said day at the court house door
In Henderson, N. C. offer for sale by
public auction for cash, the lands de
scribed below: The bidding to com
mence at 8348/10.
Begin at a stone on the Mlddleburg
Greys tone road a stone, on the left
side, Collins-Jordans comer, and run
thetice along said road N 89 degrees
W 522 feci to a stone Omega Clark’s
comer, thence along his line S 2 de
grees 45 W 945 feet to corner of fence,
thence S 89 degrees 30 E 527 feet to a
stone and Iron stake, thfence along
Jordan’s line N 2 degrees E 45. 945
feet to place of beginning, containing
11 acres more or less. See deed Book
8. Page 499,
This Bth day of January, 1932.
A. A. BUNN, Trustee.
tan. K. H. Psmssw
tmiww, W «.
SEABOARD AIR
UNE RAILWAY
TRAINS LEAVE HENDERSON AS
FOLLOWS
northbound
Na.
1M—8:33 A. M. for Richmond,
Washington, Now Tot*, o—eot-
Ing at Norlina with No. If *id»-
Ing I*ortamoath-Norfolk 12: ID F.
■*. wtth parlor-dialog ear serrtre.
4—10:90 A. M. for Richmond.
Washington, New York.
1N—8:33 P. M. for Richmond,
Washington and New York.
+—8:88 A M. for Fertsmeata-Nm*
hh. Washington. Now Tor*.
12— 2:52 p. M for Norfolk and
Washington.
PUUTHBOCNB
Na.
«l—B:4* A M. Par iamaark **•
■anvils, Mkrnc, Tampa, M. re
J — l Np. M. Por Raleigh. Sanford
■aaalet, rihrmliis. Savannah. Ml'
Miami, Tampa, Si. Potcrokarf.
103—7:88 P. M. Par Raleigh, Hamlet
Savannah. oaskaanrißn Miami
Tampa, 84. Patmakaig, Atlanta
•—4:28 A M. Par Atlanta, tarm-
D.—8:17 p. M. for llamlet, and
Atlanta. aloe connections for Co- I
lambi a. Savannah, Jacksonville
and Florida Points.
Mta DPA, Batata*. R- c, m M- 0-
Oappa. TA. Bsairmsa. H. C.