Henderson daily dispatch., May 05, 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
EMISN SCHEME
WES SS,OOO
a ”
Cleveland Millionaire.
Sport's man and Family
Under Heavy Guard
Cleveland. Ohio, May 5 iAP)--An
■ WWhp* to out cm. $23 two from Elb
ttorth n Atiguatu*. woulthy real ♦**<-
rate man aid nationally known golf'
alar. u»4er |*enaUy of theft, was re
vealed today The 80-ucre Augustus
estate has be “. n placed under a heavy
guard. »
A Utter ilrnnnt'ing the money, and
threatening dcaith unity its terms
were eomplied 4 - Ith. last
Mor>day by Augustus. he said today.
Announcing f
The Opening of Henderson’s Most
Modern and up-to-date Drug Store ml
| Friday ; May 6th 1
o Pharmacy |
Sa|
§ We ei tend to you a cordial invitation ||
\_l J to vi*it u». s' 1
0' #
n• . 1
| Opening Special |
jj CulbertstT n card table covers for learning j
I and playihig contract bridge 39c j
9 9 ''
| Sunday, Mayß, it Mothers’ Day. Give |
us your oirder for caftdy. Our stock
ft absolutely fresh. A j
I • !
I® I
WartmAui s Pharmacy j
v L “Niext to O’Neilt” i
Phone 1000. j
fUSßtmiiitiiH
■ X represents strong
■ stock fire insur-
H v ance companies
■ N and is qualified
H . to give you sound
■ x insurance protec- (
■ \tion and compe-
.tent service.
■ i
Your policies examined and
counsel given without ebliga
\ tlon to you.
Bring ftrur insurance pro*;
tectum up to dole.
tltbhont
%r Writt,
Insurance Department
Citizens Bank & Trust Co.
W. H. rUMIHO, Untie
Phene 1M Btadmat, H. C.
He was instructed to put the Phoney
ou a fence powt by a gate at his eestate
in Wabe Htgtvt village home of Mny
Cleveland millionaires.
Augustus said he turned the note
over to private tkMSVw. PoMn
Chief Theodore A. My era. of Wll
mghby. also was notified.
Since then detectives have trailed
Augustus in hs daily tripe to Ms of
fice. and seven men were found pa
trolling hb estate today, refusing ad
mittance to all strangers. Hts wC#
snd children weie also being guarded
PRISON POPULATION
SHOWS A DECREASE
Raleigh. May 5 <AI*) —The papu
lation of State’s Prison, which in
recent months has shown a tend
ency bi increase, showed a de
crease during April, J. K. Powell,
bookkeeper, reported today. The
priwon population on May 1 waa
2.Mott, compared to IJM2 on April 1.
HENDERSON, (N. (JJ DAILY DISPATCH, THURSDAY, MAYS, 1932 ”
CLAIM MORRISON
IS MAKING GAINS
(Continued from Page
hibltion plank seems to hr more pop
ular than in any other part of the
State.
The more ardent Reynolds support
ers believe that he really has a chance
to be high man In the first primary
and get more votes than Morrison,
though none of them believes Rey
nolds can actually get a majority. But
the more conservative political obser
vers agree that Reynolds cannot hope
to do more than be second man lb
the first primary. There is no doubt,
too .that there are many Democrats
in the State who are going to vote
for Reynolds in the first primary,
in order to cast a protest vote against
prohibition, in the belief that he can
not be more than second in the race,
but who will vote for Morrison in
the second primary. While they like
Reynolds' stand in ooehlon to pro
hibition. they at the same time feel
that Morrison is more experienced,
has more prestige in Washington and
in the final analysis will be o# more
service to the people of the State in
Congress than would Reynolds, ac
cording to reports reaching here.
"The size of the vote Reynolds Is
going to get U going to surprise every
body in the State except his own sup
porters. and especially is going to sur
prise Morrison " said a man here to
day in eloee loach With the situation
in Eastern North Carolina and a Rey
nolds supporter. "However, it b also
a fact that I have heard a good
many say they are going to vote for
Reynolds in the first prtmary as a
protestant against prohibition, who
admit that they will probably vote
for Morrison in the second primary.”
There is no doubt, of course, that
Morrison has been in hot water as a
result of his attitude toward imme
diate payment of the soldiers' bonus
to the war veterans and that the tem
perature of this water has been in
creased within the last few days as
a result of Morrison's controversy
with the Veterans of Foreign Wars,
in which he denies he has ever stated
his stand on the bonus and in which
the veterans say he promised to sup
port it. ‘However, with indications
pointing more and more against the
passage of this toll in Congress, it
may not embarrass Morrison as much
as some had thought.
Frank D. Grist is also making con
siderably more headway than many
thought he would, according to ob
servers. and may surprise every one
but himself in the number of votes
he may get. However, opinion here is
that he is considerably overplaying
his hand in issuing so many chal
lenges to MoTrison for joint debates
and is makin it more and more plain
that he is issuing these challanges
for political effect and little else. As
result there are few who believe that
Grist can muster as many votes as
Reynolds or that he can do more than
run third.
Tam C. Bowie has made very little
progress recently, especially in the
east and the consensus of political
| opinion here is that Bowie cannot
i hope to do more than run fourth.
Most people seem already to have
I forgotten Arthur Simmons, of Bur
lington. the fifth candidate in the
race who "popped in” at the last min
ute and then "popped orut” almost as
quickly.
As ominous as the opposition to
Morrison looked for a time, the con
viction seems to be growing that the
majority of the Democrats, after look
ing over the entire field, are turning
1 back to Morrison as the best fitted for
the job.
Gardner To Speak
Over the Radio on
National Hook-Up
Dally I)la|Ml<-h Bureau
lu ffee air Walter ftofcl.
»Y J. C ■AftKKnVfM,.
Raleigh, May s.—Governor O. Max
Gardner will make a nation-wide
radio address that will be broadcast
from all the 84 stations of the Colum
bia Broadcasting System, speaking
from the New York studio Saturday
night at 9:15, Eastern Standard time,
he announced today. Friday at noon.
Gpveiyioi; Gardner will address the
memtfeiV of fHe Municipal Bond Club
of New York City, composed of the
leading bond dealers and bankers of
the city.
Governor Gardner and State Treas
urer John P. Stedman are leaving for
New York tonight to appear before
the syndicate of bankers there that
handle North Carolina bonds and
notes, in an effort to seeur« the re
newal of a note for $1,800,000 that
falls due May 25 and of another note
for $2,230,000 that becomes due July
15.
“Retrenchment and Reform in State
Government” win be the subject of
Governor Gardner's radio speech Sat
urday night.
DAVIDSON PLAYS
FINAL HOME GAME
Davidson, May s—The baseball team
of Davidson College makes its final
home stand here Friday afternoon,
when they play a return engagement
with N. C. State Wolf pack. 'ftie con
test will be staged on Ridhardbon Field
and will atari at 3:30 o’clock. Only
two ottrec tilts are on the Davidson
card and both of these contests with
Big Five members wWJ be played
away .’rom home ne*t Week.
TWO TRACTS LAND
INVOLVED IN DEED
Two tracts of land were Involved
in two deeds filed yesterday with the
register of deeds.
BfWe Alston conveyed to S. 9. Par
ham for ffd and other considerations,
MU acres !h Sandy Creek township.
Jifenfos M. ROWtehd ttmejef to I
Seaboard AH- ldfte raHrodd 38-MO of
an acre of land for sf# add other con
sideration*.
Boise, the largest city in Idaho, has
• population of 21,644.
State Ready To Pay Off
Hu|« Bond Installments
Within Next Few Week*
(Amtfttuea from Fege One.)
facts and figures and show what
North Carolina has done within the
pant three years to set its financial
affairs in order and balance Its
budget that no difficulty will be ex
perienced in securing a renewal on
the $6,030,000 in notes.
Os this bloc of notes. $3,800,000 falls
due on May 28. while the remaining
$2,336 ,000 does not become due until
July 15, according to Treasurer Sted
man. It will be remembered that the
$3,800,000 was borrowed by the Statr
last December in anticipation of re
venue from then until June 30 of this
year, the end of the present fiscal
year. At the time this money was bor
rowed on thene notes it did not ap
pear like that the State would be able
to borrow any more money at any
price, or that it would be possible
to renew these notes when they ex
ptred. Money conditions have since
improved somewhat, however, as has
NoTth Carolina's fiscal condition, as
a result of the economies put into
effect since last December. With the
result that little difficulty is expect
ed in getting a renewal on these
notes.
Six months ago it was expected
that the State would have to pay this
$3,800,000 when it c&ine due bay 25.
But now, since it appears likely that
the notes can be renewed, and in
view of the fact that the State is fac
ing a deficit this fiscal year of about
$3,000,000, it has been decided to re
new them.
"It would put such a burden upon
the State and cause such depletion of
the revenue needed to carry on the
necessary service of government to
pay these notes at this time, that it
has been decided to renew them in
stead,” Treasurer Stedman said. "In
fact, with conditions as they are now,
it will probably be necessary to carry
this $3,800,000 in notes and the $2,-
230,000 in notes due July 15, which
were issued to fund (he deficit of the
last biennium until after the 1933
General Assembly so that it can pro
vide some way to fund them, pro
bably with a bond isseu. With condi
tions as they now are it will be al
most an impossibility to pay these
jmT f** j linfnnlri
ABlfnkmfffiVi 4 < ARL /nW/////o.
IISIIRv
jg U. S. PEERLESS
‘ 30x3 I * 2 $4.16 5.00x19 $6.44
XF. 4.40x21 4.60 5.25x21 7.91
g?T£MPER£D Rl/BBEfC 4.50x21 5.27 5.50x19. . 8.23
v; - : EXEUMm. TAX TOMMUI.MMMt MIAMI*. - 4.75x19 6.15
ts. s | Price listed are in pairs. The price ii a few cents
more when bought single. Tubes from 82c up.
2J T rwbUr '<"•***'<** never
Wor* trmd Hm. bo. enabled U. S. »o produce Tempered
!**%JL*!*~7 col( if ** e bi ™"* *<? <mce b*Ho*n ■^jSBBEEB&SBBiHBBHBBBBir
«re*. wW fh* new U. S. *©yol, Temper** Jobber give*
Y! "T w r m -*’**t **-
mta rrocra rrr totPoto t th« chonc# o 4
Master Tire Co Distributors
Vanee, Oraxrtlle, Trank Hn, W arren and Halifax Comities
RETAIL OUTLETS IN HENDERSON
Se ’i3o Hi!L^w r m ice J? ta . tio,t City Service Station Meeter Service Station
130 Korth WiDiwn Street 136 South William Street 624 South Garnett Street
notes out of current revenue.”
Os the $6,100,000 due July 1 and
for which the cash is now on hand.
$2,600,000 is to meet maturing bonds
and $3,800.1X10 is interest on bonds
outstanding. Treasurer St. amai said,
pointing cut that it is, of «ours*, im
possible to postpone any payment on
the interest or principal of bonds
when they fall due.
"But for tht- stringent economies
that have been pat into effect in
North Carolina within the past three
years, during which the expenditures
of the State government have been
reduced $8,600,000 under the amounts
originally appropriated, it would be
virtually impossible to erpee: to re
new these notes at this ;,.***,” Gov
ernor Gardner sai l today “However,
the fact that Nw h Carolina has con
sistently been reducing its govern
mental co:: to stay a.s nearly as pos
sible within its revenue, has assured
Don’t Forget
Mother
On Mothers’ Day, Sunday,
May 8
She deserves and should have
the best —give her
Whitman’s
—AND—
Norris
Candy
PAGE-HOCUTT
DRUG CO.
Phones 408-404.
the N(*w York bankers that we are 1
sincere and mean business and that I
we are going to keep the State’s j
budget balanced. During the past
three tears we have trimmed $6,-;
860,000 from tr r appropriation and j
since January of thla year have cut !
down expenses \r.other $2,800,000 as j
a result of thf recent cuts rnaue in
■mi ■ ■ adfew m _
ANNOUNCEMENT!
We Are Glad to Announce the
Reopening of
Dorsey Drug Store
We wish to thank our friends, especial
ly other druggists for their many court
esies shown us while ,we were closed.
A cordial welcome is extended to all
our friends and former customers to
use this store as they have done for the
past fifty-four years. Your friendship
and patronage will be highly appre
ciated. Please come to see us.
Dorsey Drug Co.
Phones 58 and 59
the salaries o, ewi
result we expoet to hmv* n o , ** •
in renewing the notes If lhl / ro ‘**f
had not been made, how.v./V* 1
satisfied it would be use lev I '*
to renew them.” ' to try
The Yukon in Alaska u
b>ng and is navigable for 12oq