Henderson daily dispatch., April 19, 1932, Page PAGE TWO, Image 2

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

Image provided by: University of North Carolina at Chapel Hill Library, Chapel Hill, NC

                
PAGE TWO
One Legislative Group
Eyes Swollen Fortunes
As New Tax Possibility
lowan Would Break Up Concentrated Wealth
and Replenish Federal Treasury Simultaneously
iKillor't N»lf: TM* U> the ninth
•f It fcrirl, rs«> t(i md dlapatcht*
-ifWfHv Mil ronorrfrly
•he federal government** ia\ prob
lem ).
By (HAHI.KS I*. STKWART
Washington, April 19 "Destruction
cf the privileg'd Hinton of certain in
lere: !*, whow utilization of their ad
vantage ha.s remiudv in today’*; terri
fic concentration of wealth, undeni
ably is an uigrnt necessity," agrees
Kepre.-willative C. William Ramseyer
ot low*, "but in the mewniime we have
on owi hands the problem of break
ing up our pies*-nt swollen fortunes"
The lowan was author of the amend
fnent by which i* tn< sought to sub
stitute increased inheritance* levies for
tales taxation. in the revenue bill ui
ihe house. He was speaking in ans
wer to Represen!ative George Hud
dle ton’s contention tha! any system
vrtil<ti permtte the over-concentration
of wealth is bad: that redistribution
after over-concent ration has been ef
fected. at bej is an unsatisfactory
remedy. « #
Two Birds With One SU>ne
‘All 1 hat’s com<e<sed.V rtodfc the
Hawk eye legislator, but we are con
fronted by a group of intolerable op
pressive aggregations of millions now.
We a iso are confionted by a treasury
shortage. Why not make the dissi
)>atiOn of these vast estates serve tax
ation’s purposes .simultaneously?
"Once diswipatde. their re-uccumu
kition unquestionably should be fore
*iT»illed by legislation to counteract al
ternate monetary inflation and defla
t;on. the process responsible for their
original creation *’
Increased inheritance taxation will
not * i Representative Ramseyer con
fe-ees. meet the demands of those whe
insist upon an immediate balancing
of the budget. It will begin, he esti
naMHi to yield returns sufficient foi
liil the government’s requirements aft
er an interval of from a year and a
) alf lo two years That period, he re
c.»gniz».s. will ha\> ro be bridged over
somehow.
While refraining from any specific
suggestions of borrowing, the lowan
seem* convinced that, in one way 01
another, the treasury will manage U
worry through a crisis of a year or sc
without senooe consequences.
This attitude is n°t Representative
Ran* severs alone.
Information as yet is rather vague
•perhaps a definite program has not
been quite adopted) but several meet
ing» have been held by members o<
tx :h parties In boi h houses of congress
who believe that Secretary of th<
Treasury Ogd**n L. Mills has unduly
emphasized the vital importance of
budge t-bn lancing immediately.
Warning to Big Business
This group favors the trimming of
appropriations as closely as possible
•Ue voting of some small additional in>
po; s and then thp serving upon th<
country’s grea* capitalistic intqgestf
of a tacit legislative warning that i
v 11 be well for them if business re
vives which will mean larger tax col
or drastic steps are likely t
be t aken . *
The niort obvious of these steps
wouhi be the opening of a campaign
for monetary inflation on a scale y
f.cit nt to cancel a considerable pro
rxaitipn of the value of all outstanding
BUILD UP
HEALTH
and pains go away
WOMEN who find themaelves
in a painful condition due to
a run-down state of health
should give Cardut a fair
trial, for a reasonable length
of time, as dkl Mrs. E. O.
Hodnett, 1101 Hazel St., Tex
arkana, Texas, who writes:
“I was anxious to build my
self up so I could enjoy and
take Interest In my home. I
had suffered with soreness
and a constant pain In my
side. My mother told me
she thought I should try
Cardul. Soon after I began
taking It I noticed an Im
provement, so I kept on un
til I had taken three bottles.
By this time I was feeling
so much better, the pain
and soreness were gone.”
Md «k drug state*
»CARDUi
HELPS WOMEN
STEVENSON’S
Gloom Chaser
Every Wednesday
TEN CENTS
TO EVERYBODY |
HP jam mm mm Bfe.
WL j&m
5 Wr fH
Hri - vr B&
■I
Ogden Mill«
iebts at the expense, naturally. <
he creditor class.
The theory, of course, Is that "i
business" can improve conditions if
t chooses, but has not yet fully com
peted deflation to its liking.
Xext: Balancing of Budget a Military
Necessity
Highway Patrol
<Collects Money
Not For Itself
Dally lllspat.-h nurrsm
In (he Sir Uniter llntrl.
BY J. t . HASH Kit V 11.1..
Raleigh. April 19. In addition to
lavelling lfltooo miles, stopping 18-
123 cars and trucks and arresting
•72 drivers for major violations of
he highway and motor laws, the
*tate Highway Patrol collected $39.-
16 in revenue for the State and
ounties. either from tax evaders or
rom fines and forfeitures, the report
or March, issued today by Chairman
B. Jeffreys of the State Highway
’omniission, shows.
Os this $39,446 in revenue collected
s a result of the patrola activities.
18.981 went to the county school
unds from fines and forfeitures, the
aiance going into the State's general
r highway funds, not a penny of it
:oing to the highway patrol, Jeffress
minted out.
f the 972 arrested by patrolmen in
larch 107 were for drunken driving.
70 for reckless driving. 113 for ex
essive speeding. 135 for using im
iroper license tags. 7-1 for improper
ights and 477 for miscellaneous of
enses. Os those tried In March. 843
vere found guilty and only 28 not
tuilty.
A total of 15.910 violations were
loted by patrolmen and the drivers
stopped, most of them let off with
warnings. The lights of 7.375 cars
were fixed at filling stations and
lekets for defective lights issued to
he drivers of 735 additional cars.
Tickets were issued to 388 drivers
with improper license tags and to 548
with no license tags. A total of 287
trucks were weighed, of which 252
were found to be overloaded.
EMBASSIES MAY GO
AS ECONOMY MOVE
(Continued from Page o«e.>
«*s are aware, of the diplomatic and
consular services.
The'coneular service which is com
•uercial. is much the larger, but the
high .pay. goes to the diplomats, who
are .political.
Aft ambassador's annual $16,000, it
is true, is insufficient to keep him in
ambassadorial style at most posts
But of what value Is an ambassador,
in this day and generation, anyway?
Not 16 cents worth.
A consul has his uses. He looks
after routine matters of international
trade which have to be attended to.
The government, to be sure, has more
consuls than It needs. Secretary of
State Stimson himself refers to “some
15” consulates which, he says, could
'easily" be dispensed with.
Still, here and there, at strategic
points, they are necessary manned
by perhaps a quarter of their present
forces, to avoid overworking.
Ambassadors and ministers are in
a different classification.
Time was. in the era of slow com
munication. when a corps of diplo
mats, resident in foreign capitals, un
doubtedly was essential.
In the present period of unlimited
conservation by long distance tele
phon, if ned b. a diplomat's sole func
tion is to act as a messenger boy be
tween his office and the chancellory
of the country to which he is ac
credited -and to he ornamental.
A consul or a vice-consul or the
consulate's colored doorman would
make just as good a messenger, but
a consul generally is not rich and
cannot maintain a swanify establish
ment to entertain visiting Americans.
The state department shaved Its
estimate for the 1983-33 fiscal year
CARI» OF THANKS"
We wish to express our sincere
thanks and appreciation to our many
friends for the kindness and sympa
thy shown us during the illness and
death of our behoved wife and mother
and also for the many floral designs.
C. T. EDWARDS &l Son.
J. ». I\)GHILL & Family.
HENDERSON, (N. C.,) DAILY DISPATCH, TUESDAY, APRIL 19, 1952
CANDID CAMERA CATCHES AI. SMITH
C
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I j/m I g.” Hi m
Here is an informal shot of for
mer Gov. Alfred E. Smith as he
conferred with Gov. Albert C.
from the current year's $18,506,306.34
total to $16,714,071.89. the house of re
presentatives' appropriations commit
tee whitted this latter sum down to
$15,192,148, and now the correspond
ing senate committee proposes to lop
another 10 per cent off.
In a lettre to Senator Wesley L.
Jones, the committee s chairman. Sec
retary Stimson says such an all
around reduction will disorganize
everything. As an alternative he ad
vocates shutting up 12 embassies and
legations altogether, plus about 15
consulates.
It is estonishing with what non
chalance he proposes doing it when
it becomes imperative.
MOST CANDIDATES
HAVE NOW FILED
ENTRANCE NOTICE
(Continued from Page One.)
of Durham. Norman Boren and
Charles Van Ropen, both of Greens
boro. are also candidates, but so far
have not filed with the Board of
Half Million Shortage
’*£*"** mL*m
if w
Hp ¥8; J
h a
• -
i iscrepancies of $695,840.29, re
ported by Ohio state examiners as
found in the office of the Cuya
hoga county treasurer in Cleve
land caused County Treasurer T».
G. Col lister, above| to request the
offtpe be taken over by state ac
countants for an “intensive inve*.
tigation.” Collister declared ho
was eager “to know the exact na
ture of any and nil irrcgularitiea
*nd the identity of the employe*
responsible.”
Who^ Said Over-ProducHon?
Ik WSjT
- ImmfflSßm- m
Not only » she btHmil tt be the oldest hen in the United States hut
this prize fowl enjoys the distinction of having an average of 240
eggs a year over a period of 25 years. During the 21 vears «h»
been owned by A. L. Stephens, of North Bemf 0., who acJ?iirsd her
from a neighbor when she was 4 years old, the Vn has mothered two
broods of chicks annually and has raised /*9 voungstera She is
shown with lira Stephens.
Ritchie of Maryland on the plat
form at the annual Jefferson Ray
dinner in Washington.
Naval Board Head
For many years a member of
Naval General Board, Rear Ad
miral J. V. Chase (above) has
succeeded Rear Admiral Mark
Bristol as chairman of that
august body Admiral Bristol re
tired on reaching the statutory age
limit of G 4 years.
Elections here.
There has bet-n considerable talk
here indicating that Congressman
Frank Hancock of the fifth district,
might have opposition, with State
Senator John Folger, gs Mount Airy,
spoken of as a possible opponent, but
so fur neither Folger nor any one
else has filed against Hancock.
None of the other Congressmen has
any opposition, or is expected to have
any.
The three candidates for the Demo
cratic nomination for governor- J. C.
B. Ehringhuus, R. T. Fountain and
A. J. M.'ixwell have alt filed, while
the three candidates for the nomina
tion for lieutenant-governor, A. H.
Graham, of Hillsboro; D. F. Giles) of
Marion, and David P. Dellinger, of
Cherryville, hav.i plso filed. The only
State officials that have opposition
for renomination so far are Secretary
of State James If. Hartness, who is
being opposed by Stacy Wade, former
insurance commissioner, and Attorney
General Dennis G. is
opposed by Peyton McSwaln, of Shel
by. It is not expected that J. R. Bag
gett, of Lllllngton, nt one time con
sidered a candidate, will actually file.
There are four candidates who have
already filed for the nomination for
commissioner of labor. These are
Clarence Mitchell, of Raleigh; Major
A. L. Fletcher, of Raleigh; John D.
Norton, of Whittle!', Swain* county;
and W. Henry Davis, of Mockfviile,
Davie county. It is also expected that
R. R. Lawrence, of
president of the North Carolina Fed
eration of Labor, will file, since he
has been an active candidate for sev
eral Weeks.
The Wise Merchant
Keeps His Name Be
fore The Public By
ADVERTISING—
The Merchant That
Thinks He Can Do
Business in This Age
of Hustle and Bustle
Without Advertising
Is a Backdater.
Persistency, Keeping at
It, With Your Name and
Business in the Columns
of Your Home Town
Paper Will Make Peo
ple Take Notice of What
You Have to Offer
Them.
Henderaim 9oilg Blapafrlj