OCR Interpretation


Henderson daily dispatch. (Henderson, N.C.) 1914-1995, June 29, 1932, Image 1

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

Persistent link: https://chroniclingamerica.loc.gov/lccn/sn91068401/1932-06-29/ed-1/seq-1/

What is OCR?


Thumbnail for

HENDERSON,
GATEWAY TO
CENTRAL
CAROLINA.
INETEENTH YEAR
DEMOCRATS FOR
DARKEST CHAPTER
OF. U. S. FINANCES
TO END TOMORROW
Nation Closes Fiscal Year
With Deficit Amounting
To Nearly Three Bil
lion Dollars
greatest of any
COUNTRY IN PEACE
But New Tax Bill Is Expect
ed to Put Different Color
To Picture With Coming of
New Finance Year; Over
3 1-4 Billion Dollars To Be
Raised
W*,hington. June 28.—(AP)— One
day nore and the closing entry of the
darkest financial chapter of thia or
anv other paacetime nation will be
written— In red
When the clock strikes 12 tomorrow
night the United States will close Its
fiscal year, wipe Its slate clean and
embark on a brand new period with
additional re venu-producing mac
hinery. together with an auxiliary
economic program, which promises to
produce sufficient incoa>e to keep the
treasury ia order.
The bocks for the year will be closed
with about 52.900.000.000 on the wrong
side of the ledger. Today the deficit
was $2 837 *>+4 914. as June 25; last year
It was $902 7 IS.OOO. The year before
a 57183.000.000 surplus was establish
ed ind then ended eleven consecutive
yean of profitable operation.
The fiscal year 1983 will be dif
ferent. howr.«r, government officials
a»er With the new revenue biH of
1932 as the spearhead, there is ex
pected to accrue $3,761,000,000 in taxes,
a sum sufficient, says President Hoov
er "tmpregnably to establish the
credit of the Federal government.”
State Not To Pay
Federal Tax Levy
On Gasoline Used
Itsllr nispsfr* Bareaw
I* Ikr Sir U'sllrr Hotel.
nr j. r n iskkrviu.
Raleigh. June 29.—The State of
Carolina will not be requir
ed to p* ythe Federal tax of one
c-nt a gallon on ganollne and of
four rents a gallon on lubricating
HI. that recently went Into effect
end which it was expected the
< **ste would have to pay, W. Z.
Hefts, assistant dlrertor of the Di
vision of Purchase and Contract,
•eld todav. This will save the State
approximately $150,000 a year on
the gasoline and oil used by the
State Highway Commission, the
school hi nos and by the various
departments and Institutions,
Betts said.
It has not yet been learned
whether gasotine and oil used by
counties, cities and towns will be
exempt from the Federal tax or
not.
WHEAT AND COTTON
GTVEN'FCR RELIEF
Washington. .-une 29. (API
House and Senate conferees ag
reed today on legislation to re
lease 46.000.000 bushels of wheat
end 500,000 hales of cotton from
farm board stocks for relief pur
poses. The Red Croea would dis
tribute It.
Outcome Os Senate Fight
Is Admittedly Uncertain
Reynolds Forces Growing More Confident Daily, De
spite Reputed Gains for Morrison During Second
Campaign; Betting Is T wo To One On Reynolds
DaUr Dispatch Hareaw,
la (hr Sir Waller Hotel.
BT J. C. BASKKRVILL.
Raleigh. June 29.—With the second
primary so rthe selection of tha
State's Democratic senatorial and gub
ernaortal nominees only three days
of?. It it) generally agreed that the
outcome of the contest between Sen
ator Cameron Morrison and Robert
R. Reynolds for the nomination for
•tnator is extremely uncertain. On
the other nsnd. it Is conceded In moet
quarters that J. C B. Ehringhaua will
have little trouble it. winning the nom
ination for Governor from R. T. Foun
tain. j
imuteramt ©afhi £1 is natch
r ns L TuJ A f ICD W IK» SXAVic*
OF THE ASSOCIATED PRES*.
|||
BKj ]l ft* I JM BBBWMBMMMa^^
9| S. jS|
The telephoto shows a general view of the opening session of the Demo
cratic National Convention in Chicago. Evangeline Booth. Commander of
*h« Salvation Army is shown (left inset) as she led the delegates in the
Peace Treaty Revision
Is Germany’s Price For
Aiding World Recovery
Chancellor von Papen Demands Discrimination Be De
leted fro mVertaillet Pact; Says World Confidence
Cannot Be Otherwise Re-Established
Lausanne. Switzerland. June 28.--
(AP)—Franz von Papen, German
:hancellor, laid before the powers at
he war debts and reparations con
ference today a demand for revision
of the Versailles treaty as a neces
sary preliminary for German parti
cipation in the economic reconstruc
tion of the world.
In r statement to the press. Chan
cellor von Papen demanded that all
discrimination against Germany be re
vised out of the treaty. His statement
NAVY SUPPLY BILL !
IS FINALLY PASSED
Measure Carrying $320,000,.
000 Is Sent To Presi
dent by Senate
Washington. June 28.—(AP)—Con
gressional action was completed to
day on the $320,000,000 navy appropria-1
tlon bill when the Senate adopted the
conference report.
The bill now goes to the White
House. It is the third of the ten an
nual supply bills to be sent to the
President.
Later the Senate passed the $22.-
000.000 deficiency bill, the last of the
annual supply measures to come be
fore it. and sped it on to conference
with the House to iron outd ifftcultles.
The managers for boh Morrison and
Reynolds are confldenly predicting
.victory for their respective candidates.
Those in Morrison’s headquarters here
confidently believe that they have
made some real progress during the
past two weeks and gained enough
new followers to overcome the lead
of 15.000 votes which Reynolds had
over Morrison in the first primary of
June 4. They maintain they have posi
tive assurance that thousands of per
sona who voted for Reynolds In the
first primary did so more as a joke
anything else, never dreaming
(Continued on Page Bevog M
ONLY DAILY NEWSPAPER PURI.ISHF.n IN THIS SECTION OF NORTH CAROLINA AND VIRGINIA.
Die Opening ot the Democratic National Convention
was a reply to question proposed by
Prime Minister Ramsay MacDonald of
Great Britain yesterday asking what
concession Germany was ready to
make in order to facilitate a definite
settlement of the reparations pro
blem.
“World confidence cannot be re-es
tablished." the chancellor said, "if the
powers which emerged victors from
the World War do not de ide to eli
minate the discrimination created by
the treaty of Versailles. - '
Supreme Court Not
Reopen Bank Case
RaVigh, Juno 28. (AP)— The
North Carolina Supreme Court to
day dismissed a petition asking It
to reconsider its opinion unholdltig
the convictions of Luke Lea, Sr.,
Tennessee newspaper publisher,
and Luke I-ca, Jr„ his son, and Wal
lace B. Davis, -»of Asheville, for
violation of the State hanking laws.
Asheville, June 28.—(AP)—Plans
for appealing the cases of Luke
Lea, Tennessee pubiiahr; Luke Lea,
Jr., and W'allace Davis, former
Asheville hanker, to the United
States Supreme Court, were an
nounced here by R- R. Williams, at
torney, Immediately after receipt of
Information that the State Supreme
Court at Raleigh had denied the
defendants a re-hearing today.
BRUMMITT TO RULE
ON EXPENSE REPORT
i i
Reynolds Manager Calls for
Examination of Morri
son Statement [;
Raleigh, June 28. (AP)— John
Bright Hill, State manager for Robert
R. Reynolds In his campaign fiw the
Democratic nomination to the United
States Senate, today personally asked
Attorney General Dennis G. Brum
mitt to rule on the legality of the
second primary expense account filed
by Senator Cameron Morrison.
Hill previously asked Secretary of
State James A. Hartnees, who ac
cepted an expense statement listing
two payments by Morrison to his State
manager. Colonel Don Scott, aggregat
ing $5,500. if the statement was in
correct form, and Hartnese wrote
him; “It seems to me Morrison com
plied with the law.**
HENDERSON, N. C., WEDNESDAY AFTERNOON, JUNE 29, 1932
opening prayer. John J. Raskob (right inset), chairman of the Demo
cratic National Committee, is shown calling the convention to order.
Raskob urged the convention to gdopt a repeal plank.
AGREEMENT NEAR
ONPUWORKS
RELIEF PROGRAM
Discussion Centers Around
$500,000,000 Proposal in
Senate Bill, With
Accord Soon.
IT WAS DENOUNCED
BY THE PRESIDENT
Hoover’s Language So
Harsh as To Suppose He
Intended Veto If Provision
Were Retained; Treasury
Suggests Elimination Os
Bond Issue
Washington, June 33. —< API- -Con
gressional conferees today neared an
agreement on the controversial public
works program of the $2,300,000,000
unemployment relief bill.
No formal agreement was reached
but conferees said the discussion cen
tered about the $500,000 000 public
works program of the Senate bill, and
that an understanding was not far ot£
President Hoover has denounced
this section of the bill In terms so
harsh that they were interpreted by
some as foreshadowing a veto.
Treasury experts have proposed to
the conferee®, however,* elimination of
the bond Issue proposal so that the
public works In the measure coeld be
covered by the usual method of Trea
sury financing Instead of a special
issue of obligations.
Concord Youth At
Wake Summer Term
Drowned In Lake
Wake Forest, June 28. (API- Ed
win William McManus, 23-yea r-o)d
senior enrolled at the Wake Forest
College summer school here, drowned
late yesterday In the college late, and
after an all-night search, his body was
recovered at 5 this morning.
McManus, a son of W. A. Mcfertus.
of Cabarrus, was swimming in the
lake elate yestenday afternoon. Other
persons in the water saw him dive,
but as he was not a member of their
party paid no heed to whether he left
the water.' • ,
When he failed ot foe sup
per. a search was organized, and stu
dents dived and swam in the lake
most of the night, seeking his body.
It was found In eight feet of water
this morning.
Coroner I* M. Waring, of Wake
county, said McManus died of stran
gulation following exhaustion and he
and examining physicians said they
found no evidence of foul play.
WEATHER
FOR NORTH CAROLINA.
Cloudy tonight and Thursday;
possibly local thundershowers In
the Interior Thursday afternoon.
He Presides
A' ■ '
SENATOR THOMAS J. WALSH.
fmicialeoT
LINDBERGH RELATES
*
■V
Witness Say* He Tried To
Leap Into Water To
Swim to Nearby Boat
HOPED TO FIND BABY
—i
Flemington, N. J„ June 29 (AP)—
Colonel Charles A. Lindbergh was de
scribed in testimony today as having
at one time tried to leap Into a stormy
sea to swim to a boat on which he
believed bis kidnaped baby was held
for ransom. ‘ „
As thia statement was made. Col
onel Lindbergh, seat-id at :he prose
cution table, smiled broadly and turn
ed to make a laughing remark to
some one seated near him.
W. E. Haskell, anewspaper exe
cutive. was on the stand as the third
day's session of the trial of John
Hughes Curtis for hindering capture
of the kidnapers, when this testimony
came out.
Haskell told of Curtis' offer to sell
his story of alleged negotiations with
the kidnapers, and said he was with
him in New Jersey the day the baby's
body was found.
After Haskell was excused, Frank
J. Wilson, of Baltimore, a special
agent of the revenue department, was
called as the fourth prosecution wit-
PUBUSHJBD EVERY AFTMUIOOH
EXCEPT BUNOAT.
REPEAL
Committee 35-17
For Repeal Plank
In The Platform
Democratic Convention Tires of Waiting
For Report and Adjourns Until 7 P. M.
For Debate On Prohibition
Chicago, June 29 (AP) —The Democratic platform
committee today voted overwhelmingly to commit the
Party in favor of prohibition repeal. The vote was 35
to 17.
Just prior to this, the committee voted down the ma
jority report of the sub-committee for a prohibition sub
mission plank by a 35 to 18 vote.
Planes R£adv To
Carry Roosevelt
Albany, N. V- June 2*.—(AP)—
A tri-motor airplane, fuelled and
with two crack pilots standing by,
waited at the Albany airport today
to fly Governor Franklin 11. Kim me
volt to the Chicago Democratic Na
tional Convention.
EHRMAUS WILL
TAKE NO CHANCES
Pressing Campaign To UU
most, Despite Rosy Pro- j
spects of Winning
fountainls~ GAINING
Takes Some Planks From Maxwell’s
Program in Effort To Roister
His Cause With Voters In
Salurda) Primary
Dally Dispatch flnreao.
In (he Sir Walter llnlrl.
nv J V. IIA *K Pit Vll,l,
Raleign, June 29. Although confi
dent that J. C. B. Ehringhaus will
win the Democratic nomination for
governor in the second primary Sat
urday. now only threw days off by a
majority of from 75.000 to 100,000 over
Lieuenan Governor R. T. Fountain,
the Ehringhaus managers and suppor
ters are leaving nothing to chance and
are not resting on their oars. In fact,
they are leaving no stone unturned
and putting ou even more effort than
before the first primary, since thtv
want to be ready for any new tf'ck
(Continued on Page Sever,.)
U. S. TtJ COOPERATE
IN MONEY MEETING
«i- ■■
Washington. Jun * 20 (AlM—The
today voted $40,900 for the
K.t» , ' v e>d Slates to take part In a
world monetary conference, re
jecting s recommendation of Pres
ident Hoover that funds be grant
ed for an international economic
conference
Roosevelt Managers Deny
Rumor Os Seeking Trades
Refute Offer of SIO,OOO to Melvin Traylor To With
draw, and Algo Making of Overtures to Garner
For Vice-Presidency If He Would Get Out
Chicago. June 29. (API- Roosevelt
headquarters promptly disavowed any
connection today with an attempt at
tributed to Prank Schofield, manager
for Melvin Traylor, to Roosevelt sup
porters to have Traylor withdraw
from the campaign.
Schofield had said that a man’ whom
he said described himself as a Roose
velt supporter, had offered him tlft,-
000 to withdraw the candidacy of the
Illinois man.
Immediately %fter {Jchofleld (had
dictated his statement to newspaper
men, I, B. Dunlap, Governor Roose
velt's personal representative, issued
the following statement:
"No one has any authority is any
manner, shape - or form to make any
such un-Rooeevfltian suggestion That
to not thft Roosevelt way ol doing
8 PAGES
, TODAY
FIVE CENTS CO
CONVENTION WILL MEET
TONIGHT FOR ARGUMENT
Chicago, June 29 UWfM With the
platform committee si ill unable to re
turn a report, the Democratic conven
tion recessed at 2:19 p. b. uutll 7pm
A tanggle over the prohibition plan
threw the platform builders far be
hind eehedule and postponed the pro
mised floor figght between advocates
of repeal and advocates of submission.
■While the convention stood In re
cess In a half-filled stadium, the wait
ing delegates and guests laughed and
applauded at the offering of a suc
cession A professional entertainera.
A night session was In prospect to
hear nominating peechee.
PLATFORM IS SHORTEST IN
recent political annals
Chicago. June 28. <AP)-Prohibi
tion overwhelmed the 1932 Democratic
platform committee today with a
(Continued on Page Seven)
ANTI-TRUST SUIT
ON COAL COMPANIES
Chargee Filed In Federal Court At
Lynchburg Against 136 Bitum
inous Producers >1
Washington, June 28.—(AP)— The
Justice Department announced today
that anti-trust charges had been filed
in the Lynchburg, Va., Federal court
against 136 bituminous coal mining
companies to test the legality of a
regional sales plan for disposing oC
their product.
An injunction was sought in the pro
ceedings. which carried combination
and conspiracy in violation of tha
Sherman anti-trust act. _ m
JONAS IS NAMEDFOR vi
CONGRESS BY G. O. P.
Shelby, June 28.—fAP)—Charles I
A. Jonas, former representative, ]
today accepted the Republican ,
Republican nomination for Congress
In the tenth district and will op
pose Major A. L Bui winkle, of
Gastonia, In the general election.
TARIFFSORLY - FOR
, REVENUE APPROVED
Chicago, June 28.—(AP)— The
Democratic platform committee
approved a plank today commit
ting the party to a ’’Competitive”
tariff baaed on “for revenue only”
after a sharp dispute.
businese. Mr. Melvin Traylor would
not accept an insuK such as suggest/
ed."
SAVS GARNKR HAS REFUSED
ALL OVERTURES MADE HIM
Chicago, June 29 (APl—Amos G
Carter of Forth Worth, told a meet
ing of fellow Texas and California
delegates today that Joh n N. Garner
had turned deaf ears to all overtures
for "trades' on the presidential nomi
nation .
Rumors have been current here
Roosevelt forces had broached the
speaker of the House or hie support
ers with the suggestion that he ac
cept the vjce-presidetial nomination
in return for support of the New York
governor for the presidency. These,
however, were not verified.

xml | txt