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GATEWAY TO CENTRAL CAROLINA. TWENTIETH YEAR CONFEREES PROPOSE 3 PERCENT GENERAL BALESTAX •r • "T* House Drives SENATE DECLINES TO EIET LIT ON. , 8 MONTHS SCHOOL Bill, With All Its Restric tions /Included, Sent ‘To House for Conside. ; ration There > FIRST READING ON REVENUE +ONIGHT Most of Senate Amendments Kept by Conferees, But Three (Percent Tax Restor ed on Theatres; Non-Resi dents Will Be Permitted To Sell Beer Raleigh. May 5. —(AP)—Conferees r>ii the biennial ievenue bill today re commended that the legislature enact a three percent modified sales tax for North Carolina, as the Senate re fined to rc-consider its action limit ing operation of pub ic schools to the eight months State-supported term. The compromise revenue act sug gor.ted that the Senate’s sales tax pro viden he accepted in preference to" the House rate of two promt without exemptions. The House immediately started con sideration of the report, With indica tions of a vote on first reading late today. Most of the Senate’s amendments to the revenue bill were approved by the conference group, but it was recom mended that file House tax of three percent of gross admissions of mo tion picture theatres be adopted in i tead of the Senate plan to tax them (n a flat graduated scale. As increases were suggested in tax tatea voted by both the House and 'Uenatc, it will take six day 3 to pass (Continued on Page Pour) House Bill Would Cut Economies School Expenditures Permitted Would Discount Savings Under Law Hally nittftnteh linrenn, In (he Sir Walter Hotel. 3V .1 R/iMKEItVII.i.. Raleigh, Mjay s—The5 —The Aycock school chinery bill, reported to the House yesterday by Its education commit tee as a substitute for the original Aycock school bill introduced early in the session, should really be en titled, "A bill to nullify the intent of the State-supported eight/ month school law by permitting the levying of unlimited additional taxes on pro perty for supplementing the funds (Continued on Page Four) Senate Bill Will Hold All Terms To 8 Months No Schools Allowed Extended Term That Provision; House in no Mood To C ompromise With School Politicians and May Adopt Senate Plan Dally OlNpntch Rnrena, In (he Sir Walter Hotel. n I*V J. C. IUSKERVILL Raleigh May 5- —Deciding that the Griffin school machinery bill was still not tight enough and did not contain enough limitation, the Sen a'p adopted an amendment by Sen a'or Clement, of Rowan, limiting the schorl term over the entire State to f, 'Kh’ months and no more, then pass -4 ' 'he hill on second reading by a Vr, ' e f >f 8 to 7 late yesterday after- Uor>n - The bill is expected to pass Ilii| d reading today with little or no Five of the seven votes < ;r-M against it on second reading were '.v mail,ns who thought the bill still noi strict enough. 'he House now passes the bill ' !t ' i piesent form, as many think none of the larger cities in the -a. W ilmtftprsmr Datlii Btsjiatrfi ,y tRX SERVICE UIT THE ASSOCIATED PRESS. FIRE DESTROYS WAKEFORESTS MAIN BUILDING Fog Delays Italy rSfiSHSpI Guido Jung Signor Guido Jung, Italian minis ter of finance, invited to Wash ington to discuss international af fairs witjhft. President Roosevelt, usually is a very punctual person, yet he kept a reception committee waiting for several hours in New York. His ship was fog-bound in the harbor'and Signor Jung could not land untH the murky haze parted. Photo shows him on ar rival. EKI VISIT Guido Jung Starts Final Day of Conversations at the Capital Washington, May 5. —(AP) —Guido Jung, Italian finance minister, began his final day of conversations with American officials at a conference’ in the State Department today with Sec retary Hull, Breclcenridge Long and new American ambassador to Italy; Herbt Fcis, economic advisor to the State Department, and several other Amreican experts. The Italian ambassador, Augusto Hoss, was the other Italian in the Iconference. Conversations later in the day with President Roosevelt at the White House are scheduled for the Italian. For the Argentine representative here, only one more genral confer ence with American officials is plan ned, and it was not definite whether this would take place today or to morrow. State will be able to operate their ischools nine months, as they have in the past, but will be limited to eight months, as set up in the Statewide eight months school term law. They will be permitted to levy supplemen tal taxes for the eight months term, however, but only after submitting the question to a vote of the people. The school forces of the State, thro ugh their lobbyists and the official.* of the North Carolina Education As sociation, opposed the bill and made every effort to defeat it. They have , openly been favoring the school ma , chinery bill in the House which would permit the levying of supplemental taxes without a vote of the people, either for supplementing the eight (Continued on Page Seven) ONLY DAILY NEWSPAPER PUBLISHED IN THIS SECTION OF NORTH CAROLINA AND VKGINIA. * * i * *** ** ***’******* ** ******** * Toward Last Measures Os The Roosevelt Program $200,000 Loss Estimated In Burning of 98-Year-Old Administration Structure 100 STUDENTSALL ESCAPE IN SAFETY Loss Is Partially Covered by Insurance; Classes Being Held in Other Structures on Campus; Important Re cords Stored In Vault and Are Saved Wake For?s*t, May 5 (AP) —His- toric Walt hall, 98 year-old admin istration building of Wake Forest Col lege, was completely destroyed by fir early today, with a loss es'imated by college authorities at $200,000. The structure, the oldest on' the campus, contained the business of fices of the college a majority o the regular class rooms and dormi tory for 100 students. Though tile flames were discovered about 2:30 a. m., all of the students living in the building escaped with out injury, The cause of .the blaze was not im mediately determined, but college of ficials said it appeared to have start ed in the center of the building in the class room section. Wait, an ivy-covered four-story building, had, been the center of ac tivity at the college since it was con structed with contributions from Baptists of the Stat ein 1835. In a snrla.ll tower of the building was the old college bell, which for nearly 100 years peaed out the warn ing of class time to students, sound ed the cry of victory when athletic teams won, and tolled on joyful and sorrowtful occasions through the years. It was destroyed. Local firemen vainly fbufeihlt fthe destructive blaze, and Raleigh’s fire department was called,, but the fire « had gained too much headway. College officials said the heavy loss was par Wally covered by insurance. Today classes were being conduct ed in other college buildings. The business offices were tempor arily established i n the library. The most important records of the registrar and bursar wewre saved, as they were i n fireproof vaults but many other records of the business office were destroyed. MRS. R. H. LATHAM IS WOMEN’S CLUB HEAD Raleigh, May 5 (AP)—Mrs R. H. Latham, of Winston-Salem, today was elected president of the North Carolina Federation of Wo men’s Clubs for hext year as the organization closed its annual meeting here. Wih Washington, May s—Foreign delegations coming D.i here to join Mr. Roosevelt’s bread line. Italy’s and Oklahoma’s got in the same day. Man named Jung sent by Dictator Mussolini to see what “Lady Bountiful” held in} store for Italy. Man named Rogers sent by Dictator Alfalfa Bill Murray sent to pick up a».iy loose crumbs that might fall locally. Congress disgraced thfemselvfes something terrible today. There was three solid hours they didn’t pass a single bill, not even an ap propriation bill. Then they real ised how slow they were going and woke up and practically pass ed a little dinky thing (only appro priating one hundred millon of the insurance companies hardly worth monkeying with. Going to hear the President lec ture the U. S. Chamber of Cont meirce. Was to broadcast it but that was called off. Loks like one of those affairs for men ionly. Yours, miff* WILL. <** HENDERSON, N. C., FRIDAY AFTERNOON, MAY 5, 1933 SEARCH WIDE AREA FOR KIDNAPED CHILD HEIRESS 91 *>: Jj lllgp .... Mrs. Neil McMnth Neil McMath First Relief Funds For May Are Being Mailed American Dollar Hits New Low on World Exchanges (By the Associated Press ) The American dollar decreased in value today in foreign exchange markets hitting its lowest quota tions in relation t 0 the British pound since Britain left the gold standard in September 1931. New York—Sterling opened at $4, an overnight gain over the dollar of eight cents. The quota tion subsequently dipped. London—After dropping to $4.01 to the pound, the dollar closed stronger at $3.97 3-4, a falling off of more than six cents from yes terday’s close- Paris—The dollar hit a new low, closing at 21.20 francs. Berlin—The dollar reached an aU-time low of 3.54 marks. kionapeTchild ; TO bereturned Boston Paper Says Peggy McMath Will Be Back Inside 24 Hours Boston, Mass., Mlay 5 (AP) -The Boston American says in a sopyrighit ed story that Margaret “Peggy” Mc- Math, who was kidnaped from her school in Hawiichport Tuesday, will be returned to her parents within 24 hours. The American says a per son well known to the McMath fam ily was the “brains” of the plot. gangster dr racketeer 31 id any part in it,” the American says. State police and investigators, the paper adds, are “deliberately ‘laying low’ until the child is returned,” and D\a niel) Needham, Mjassachiusetitls comimfssioner of public safety, in (Continued on Page Four.) WEATHER FOR NORTH CAROLINA. Showers tonight, probably end ing Saturday morning; slightly warmer tonight in north portion. * nH ~ I PEGGY McMATH From. Canada to New York arv far out to sea the search f 0 10-yea old Peggy McMath, daughter of Mr. and Mrs. Neil McMath of Harwich port, Mass., formerly of Detroit, has been extended. Attempts to rr./ike contact with the kidnapers who ab ducted he child from her school at | The child wtwas kidnaped from he r sohool at Harwichport. Mas/, by a negro and two white accomplices and is believed to be held on a sea g-o-ng craft somewhere off the Massachusetts coast Both her maternal and pia.ernal grandfathers are industrial millionaires Vance Gets $6,000 in First Distribution For The JCurrent Month Raleigh. May 5.—(AP)— Allotments to counties of May Federal relief funds for North Carolina were an nounced today by the Governor’s Of fice of Relief. The May money totals $866,000 and checks for $216,500 were being mailed today. Local communities- will supplement the Federal aid with $355,936. making h total of more than $1,000,000 to be expended on relief this month. The relief office estimates tjiat 128,- 234 “local” families will receive aid in May, compared with 140,361 cared for in April. In addition, 3,140 fa milies, 7,314 local non-family indivi duals and 8,185 transient individauis are expected to be cared for in May. Based on five persons to the family, the May relief is expected to aid al most 700000 persons. An application for $750,000 for re lief work in June has been made to the Reconstruction Finance Corpora tion. but approved has been withheld in Washington. Allotments of Federal money for May included: Vance county, $6,000; Franklin county, $5,000; Granville, $7,000; Wlarren $5,000. EARLY AGCOROON REVENUE EXPECTED Senate IBill in the Main (Probably Will Be Ap proved by Conferees Daily Dispatch Bureau, In the Sir Walter Hotel, BY HENRY LESESNE. Raleigh, May s—The opinion pre vails here that the House and Sen ate conferees on tilie revenue bill will not be long in reaching a compro mise and that their reoomfmenda tions will ibe accepted without much delay by both houses of the asseirtbly. It is conceded here that the, House will accept the revenue bill in about the same shape that it was passed (Continued On Page Four.), PUBLISHED EVERY AFTERNOON EXCEPT SUNDAY, Harwich Center, Mass., have been made in the vicinity of Cape Cod where Colonel Lindbergh futilely at tempted to meet the persons wlho stole hi sson more han a year ago. t'eggy is the granddaughter of Fran cis C. McMath, millionaire indus trialist of Detroit. Photo s are of Feggy and her parents. CABINET LEADERS DESCRIBE RELIEF - . i Wallace and Roper Tell C. of C. Group of Plans for Recovery Washington, May 5.—(AP) — Two cabinet officers described to the Chamber of Commerce of the United States today their plan for assisting agriculture and commerce. Henry A. Wallace, secretary of ag riculture, and Daniel C. Roper, sec retary of commerce, asked the coop eration of the business leaders in wording out schemes they believe will aid in the country's recovery from the depression. Roper proposed a “president’s coun-, cil on business” to advise with the government on economic conditions. Wallace asked that “agriculture I (Continued on Page Four.) KILLED BY A TRUCK NEAR FAYETTEVILLE Fayetteville, May 5 (AP) —John W. Swindell, 15 of Norfolk, Va., was fat ally injured ten mile s south of here yesterday when run over by the rear wheels of a truck on wwhich he was riding. The truck, driven by J. E. Poole, of Norfolk, had been to Florida, and the two were returning with a load of oranges, Poole said the truck gave out of bas and that Swindell jum)ped off before the machine stopped mov ing. 19 Dead, 200 Hurt Alabama Tornado Birmingham, Ala, May 4.—(AP)— Nineteen persons were killed, and more than 200 injured by a tornado that swept three west Alabama com munities shortly before dawn today. Helena, a mountain village of 700 population, bore the brunt of the storm, with 12 dead and nearly 100 injured. The other communities struck were: Demopolis, two killed; Centerville, two killed; Brent„ three dead and Adamsville, Union Grove, Coalmont and smaller communities, where a number were injured. The storms added to the toll of 8 PAGES TODAY — T. 1 FIVE CENTS COPY BILL TO BEVOTED AIN PASSAGE Action To 'Follow Five Hours of Debate Late In Day, With Success i Now Assured COSTS GUARANTEE HALTS FARM BILL House To Lay Electricity Tax on Power Companies Rather Than Consumers; Gas Tax and Two Cents Postage Also Near to Pas sage in House Washington, May 5. —(AP)—ln a drive to clear up the remaining items on the Roosevelt program, the House today went to work on the securities control! bill, agreeing to vote at the end of five hours debate. Passage was certain, and all but committee amendments were barred. Delay met the farm bill as House leaders decided to have a vote Mon day on whether to insist that the Simpson plan for guaranteeing the farmers their cost of production bo taken ou' of the measure. That point alone remained at issue today between House and Senate on. the important measure, but the issue was a sharp one, with Secretary WaU lace strongly opposed to inclusion of the plan and the Senate equally deter mined to keep it in. The Senate today was in recess un til Monday. 'Success was indicated for the House proposal that /the three percent electricity tax be transferred fom consumer to the power com(panies. A Senate fnance sub-committee ap (Continued on Page Four.) German Is * In U. S. For Conference Dr. Schacht, Plead of Reichsbank, Says America Must Lead the World Back Washington, May 5 (AP)—Dr. Hjalmar Schacht as spokesman star Chancellor Adolf Hitler, of Germany, reached WHshingirn early this afternoon, to begin eco nomic discussions at the Whit* House with President Roosevelt. New "York, May 5. —(AP) —Dr. Hi jalmar Schacht, head of the German Reichsbank, arrived for economic dis cussions with President Roosevelt to day and expressed the belief that this country is the only one able to salve the world’s problems. “It is fine that America has taken the initiative,” he said aboard the liner Deutschland before being trans ferred at Quarantine to the city tug Macom “because we think you are the only people who can solve the world's problems. “I am instructed by my chancellor to express his warm regards for your courageous president.” May storms in the South, whit swpet Louisiana, Arkansas and M: sissippi. Two were killed in store in the lower Mississippi valley ye terday. Alabama’s death list was expect* to increase during the day as sever of the injured were in s.uch critic condition that phy s i cians said th l had onl ya blender chance to recovi Relief facilities of Birmingham ai ! nearby cities which last year we taxed to capacity as disastrous to nadoes killed 300 were funetionii within an hour after the word oft) i storms had been brought here.