Henderson daily dispatch., May 20, 1933, Image 1

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

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

                
HENDERSON,
GATEWAY TO
CENTRAL
CAROLINA.
TWENTIETH YEAR
lL income and gas tax to be hoisted
S NEW BIDING IS
SHOWNJN REPORT
Rise In (Wholesale Prices
Also Seen by Labor De
partment in Survey
of Nation
SLIGHT INCREASE
FOR EMPLOYMENT
Reviving Business Also
Noticeable Throughout the
Country; Building Increase
In April Better Than For
That Month in the Past
Three Years
Washington, May 20.—(Air") — A
sharp upward movement in building
rcnstruction activity and a rise in
wholesale prices were. reported today
by Uie Labor Department. 1
This news followed reports of re
viving bus.ness and a slight increase
in meploymen* which came during the
week from Secretaries Woodin and
Perkins and the advisory council of
the Federal Reserve Board.
The Labor Department survey was
based on April 15 figures. At the same
time a decrease of one-tenth of one
percent in retail food prices was
shown.
Indicated for building
construction during the month end
ed April 15 based on reports from 778
cities, was 21.2 percent higher than on
March 15.
‘‘The 1933 increase of April over
March was greater than the increases
shown in comparing these months in
any of the previous three years,” the
department said. ‘‘Comparing April,
1933. with March, 1933 /here was an
increase of 2d A percent in the num
ber and a nincrease of 10.3 percent
in estimated cost of new residential
buildings. New non-residentlai build
ings increased 44.7 perceht in number
and 43.4 percent in indicated expen
ditures.”
NEWSPAPER'SVIEW
Drys Will Miss Support of
the Elder Daniels In
Their Cause
Dally Dispatch Rnrena,
In the Sir Walter Hotel.
Raleigh, May 20.—Much interest
centers about the 1933 election which
will determine whether North Caro
lin will call a convention to repeal
the eighteenth amendmffr*k.
The position of the Raleigh News
and Observer in that conflict will
cause more talk than any other pap
er's. The News and Observer went
farther and cheered longer and loud
er for the prohibition cause than any
of the State dailies, excelling in zeal
most of the religious papers. It did
not bolt A1 Smith, hut it did abuse
him for hi 3 ‘‘bolting the Democratic
platform.” Stout partisans never
agreed with Editor Daniels. They
contended that Smith was regular in
'Continued in Page Four.l
Bail Fixed
For Cannon
At $25,000
Bond “Equivalent to
Cash” Granted Over
Protest of State’s
Attorney.
Victoria, Va. May 20 (AP) —Judge
- Rodham S. Turnbull, Jr., today en
l-rM a n order to allow George Wash
jn *tou Cannon, alias John D. Can
of Roanoke Rapids, N. C., free*-
dom on a $25,000 “equivalent to cash”
bond.
f annon has been held for the grand
" ! v meeting on June 19 on a charge,
of the murder of four memlbers of th e
!inn on family at their home on
March 31. .
• 'clay's action was taken over pro
of Commonwealth's Attorney F.
1 Bendinger, and the bond author
kf't Wa s Dot immediately posted, , ,
.. 3, : ' " fe-tesite IPBWVMEMO,
Iftnt&Drsmt tl atht dEUsiiatrß
ONLY DAILY NEWSPAPER PUBLISHED IN THIS SECTION OFNORTH CAROLINA AND VlftlNlA. *
F Or L THE A S^ IK * SERVICE)
the associated press.
Gold Star Mothers Sail on Sad Pilgrimage
Gaily waving the flag for which their boys died, Gold
Star mothers are shown as they sailed from New
York for France to visit the graves of their hero sons.
At the right Kermit Roosevelt, son of the former
Merger Plans To Effect
New Statewide Bank Are
Given Approval By Hood
New Set-Up Would Include Old North Carolina Bank,
Page Trust Company and Independence Trust Os
Charlotte; Would Merge 31 Old Units
Raleigh, May 20.—(AP) —Gtirney P.
Hood. Slate bank commissioner,, to
day announced hi ©formal approval of
merger plans to form a new State'
wide bank from the North Carolina
Bank and Trust Company, the Page
Trust Company and the Independence
Trust Company of Charlotte.
Mr. Hood, Kenneth Royall, chair
man of the committee which worked
out the merger plan, and Governor
J. C. B. Ehringhaus disclosed the'
proposal this morning, and Hood’s
announcement followed.
The North Carolina Bank, vtfth 17
units, the Page with 13, and the In
dependence with one ,are now operat
ing under restrictions.
Under the plan, for the organization
of the new bank, the thre present in
stitutions will immediately be placed
in liquidation and the stockholders
will be assessed their full double lia
bility.
ROBERT T. WILSON
SLATED FOR POST
May Become Director of
Sales Tax in State
partment of Revenue
IS STILL IN RALEIGH
Continued Presence of Caswell Rep
resentative Causes Speculation;
Pou-Jeffress-Maxwell Rid
dle Unsolved
Doily Dispatch Butmb,
In the Sir Walter Hotel.
Raleigh, May 20 —Remnants of the
legislature still in Raleigh move the
guessers to wonder if any of them
are billed for place and what posi
tions if any.
The continued presence of Robert
T. Wilson, of Caswell county, con
nects him with the healtbjy rumor
that he- is really to be the adminis
trator of the sales tax, no matter who
holds the position of revenue com
missionership. In the general neces
sity for personnels in
State departments Governor Ehring
haus i 3 going to have considerable
embarrassment. H e is under no prior
obligation to take care of Revenue
Commissioner Allen J. Maxwell since
Mr. Maxwell ran against him for the
Democratic nomination for governor
and freely animadverted upon some
of the Ehringhaus speeches. Indeed
Mr. Maxwell in aJt least two public
utterances got quite caustic in criti
cism of Mr. Ehringhaus. When the
debate threatened to become even per
sonal Mr. Ehringhau s smiled broadly
“forget it.”
That was last year.- Whether his
(Continued On Page Four.).
HENDERSON, N. C., SATURDAY AFTERNOON, MAY 20, 1933
I President, is seen saying goodbye to Kbte Mike, an
Indian mother from Wisconsin. The fiVst group of
1933 to go to France as guests of the U. S. government
consisted of 134 mothers from 25 states.
As soon as the assessments are
made, the, liquidating agents WTII be
withdrawn and the hanks will her
liquidated in an orderly manner by
special committees consisting of four
depositors, two stockholders and one
representative of the Reconstruction
Finance Corporation. A separate com
mittee will function for each bank.
The United Bank and Trust Com
pany of Greensboro was included in
a reorganization plan submitted iX'
April but was not included in the
plan submitted today.
The proposed new institution will
have an initial capital and paid in
surplus of $1,500,000.
Hood, in a statement, says he has
“made a careful study of the plan
an.d has invited criticisms and sug
gestions from depositors and credi
tors.” He has received he added, on
ly two or three objections and none
from the various depositors’ and
stockholders’ committees.
State Notes Are
Renewed 60 Days
Raleigh, M]ay 29.—(AP) —S*a*e
Treasurer Charles M. Johnson an
nounced today that $4,2 0,000 North
Carolina short term notes falling
due between now and June 1 have
been renewed for 60 days.
Mr. Johnson said h had no trou
ble in securing the renewals, since
the 1933 legislature had balanced
the budget.
A total of $1,560,000 is due State
banks May 25, and the remainder
ig held by New York banks and
is due June 1.
IraiiT
FOR SCHOOL BOARD
Old Heads Think They
Would Not Be Strong
Enough for Economy
In the Sir Walter Hotel.
«Y .1- C. UASKERVILL.
Raleigh, May 20. —Federation wo
men of North Carolina are asking
Governor Ehringhaus to place at
least two women on the board of
school managers who recently were
created as the State School Commis
sion.
These federationists would like to
have Mrs. J. M. Hobgood, of Farm
ville, who is president of the State
federation, and Mrs. John L. Hen
derson, of Hickory, who is head of
the State P,arent-Teacher Associa
tion. Miss Nena Deßerry, of Salis
bury is a third nominee, and gossip
connects Miss Anne Holdford, of Ra
(Continued on Page Two.)
DEFAUmSfIS
ON ANOTHER NOTE
With No Moratorium Likely
Paris Is In No Hurry
To Settle With
America
OTHER DEBTORS TO
DEFAULT, LIKEWISE
Prediction in Paris Coupled
With Belief Roosevelt
May Make To
Cushion Blow at Economic
Conference; President Re
mains Silent
Paris May 20 (AP) —Default in the
French debt payment to the United
States due June 15 was considered
certain today in quarters close to theX
government, where it was expected
that the other debtbr nations would
do likewise.
Premier Daladier, it was understood
is convinced that President Roose
velt wil Icontinue to insist that France
must take the first step to pay the
defaulted interest du e last December,
while the premier is satisfied that
Parliament will refuse to pay either
principal or interest, since hope of a
moratorium has been abandoned.
There wa smuesh discussion in par
liamentary lobbies as the payment
date for $40,738,000 is drawing near.
Informed quarters predicted that
Mr. Roosevelt would make a general
statement in the event of default, in
an attempt to prevent it from se
riously affecting the world ecohomid
conference.
ROOSEVELT IS SILENT
ON RUMORS OF DEFAULT
Washington, May 20.—(AP)—Pre
dictions from Paris of a default by
France on its June 15 war debt in
stallment brought no response
from President jßooebvej!:,, Who is
understood to be standing pat for
some kind of payment by the debtors
on that date.
SCHOOL COMMISSION
* ABOUT TO BE NAMED
Raleigh, May 20. —(AP) —Governor
J. C. B. Ehringhaus said today he
would announce his appointments to
the State School Commission “in the
near future.”
It was indicated that the eleven
appointees to administer the State
school fund would be announced to
night.
WEATHER
FOR NORTH CAROLINA.
Fair tonight and Sunday, except
probably local thundershowers
Sunday in extreme north portion;
warmer ’*i sputhwtest portion to
nigght. ; . . i _i
CHINESE BELIEVE
JAPANWILLME
i.
Recent Flights of Bombing
Planes Over the Two
Cities Basis for the
Opinion
CHARGE JAPS WITH
DESIRING RIOTING
Accused of Hiring Chinese
Gunmen To S t i r Up
Trouble as Excuse for Ad
vancing on Two Cities;
Peiping Is Tense in Expect,
ancy of Events
(By the Associated Press)
Officials of the Chinese National
Government at Nanking believe Ja
panese invaders in North China will
eventually extend their drive to Peip
ing and Tientsin.
Recent . flights of Japanese bomb
ing planes over the two cities figure
in the belief.
Blame so lithe bombings, fires and
disorders in Tientsin is placed by
Chinese officials there on the Japa
nese, whom they blame in conjunc
tion with Manchukuan and some
Chinese elements for a desire to bring
jab out the overthrow of the authority
of the Nanking government.
Japanese soldiers, the Chinese
Charge, acted in alliance with hired
Chinese gunmen to create a panic in
the native quarter of Tientsin as the
hoped-for forerunner of which
might bring the plot to fruition.
Pieping, meanwhile remains tense
as the result of the visit of eleven
Japanese planes, loaded
bomb racks plainly visible, which
cruised over the city and the n head
ed northward.
Cotton Spinning
Industry 20 Pet.
Higher Than 1932
Washington, May 20 (AP)—The
cotton spinning industry was report
ed today by the Census Bureau to
have operated during April at 95.7 per
cent of capacity on a single shift
basis, compared with 93.9 percent
during March this year, and 70.7 per
cent during April last year.
Spinning spindles in place April 30
totalled 30.966.794, of which 23,416,680
were active at smoe time during the
month, with the average on a single
basis being 29,622,731.
North Carolina reported 1,377,271,-
616 active spindle hours an.d an aver
age of 224 per spindle in place.
Harriman Is
F oimdßeady
For Suicide
Indicted New York
Banker Slipped
Away From Hi s
Hospital Yesterday
Rbslyn, N. Y. N May 20 (AP)—
Joseph W. Harriman, indicted bank
er who disappeared from a New York
City sanilbarium yesterday, was locate
ed here today in a hotel, where indi
cations were found that he had in
tended to commit suicide.
Harriman, former chairman of the
Harriman Naitonal Bank and Trust
company, who is scheduled for tr&l
on Monday for alleged large falsica
tions of the accounts of his bank,' was
found in the Old Orchard Inn. .where
he was registered as “Mr. Thomas of
New York.”
He was in bed when Inspector
Harold King, of the Nassau county
police, entered. He denied he was
Harriman but identification was
made by initials on his clothes and in
his hat band, and by a note found on
the floor listing the names of his
relatives and his lawyer,- and asking
that “be informed.”
King described the note as indicat
ing “suicide intent.” ( j
PUBLISHED EVERY AFTERNOON
EXCEPT SUNDAY,
HOUSE COMMITTEE
DECIDES REVENUE
FOR PUBLIC WORK
Mitchell Case Judge
| * &
Federal Judge Henry W. Goddard
is shown as he appears while pre
siding at the trial of Charles A.
Mitchell in the Federal Court in
'New York. Mitchell, former head
of the National City Bank, is
charged with evasion of income tax.
GLASS BANK BILL
WITH THE HOUSE
Early Passage of Measure
Planned as Means of Re
lief to Monetary
Situation
SEEK (REGULATION
OF OIL INDUSTRY j
i
President £ends Letter Urg
ing Federal Control; House
Committee Approves In
dustrial Control Revenue;
Hearings In Senate To
Start Monday
Washington, May 20. —(AP) — The
House took up the Giass-Steagall
bank bill today, bent on placing this
new regulatory legislation in a pre
ferred place for early passage this
session .while the Senate which had
taken up the bill yesterday, devoted
itself to clearing away the Louder
back impeachment trial.
The intention of House leaders was
that the bank legislation should be
placed on the oalendar for action Mon
day. Unlike bills of the administra
tions emergency program, this was
left open to amendment, which may
be offered by any member.
Read to the membership at the out
set of the session was President Roose
velts letter urging action to give the
oil industry Federal regulation. This
message followed introduction of a
bill drafted at the Interior Depart
ment by Representative Marland,
Democrat, Oklahoma.
The ways and means committee
pushed its hearings on the giant pub- •
lie works-industrial control bill to a
conclusion, with definite indications
that it would vote Monday or Tuesday
to impose higher income taxes and to
tax corporation dividends for the
$220,000,000 revenue needed to carry
the public works $3,500,000,000 bond
issue.
The Senate Finance Committee an
nounced hearings on the bill to start
Monday, with the intention of ending
them quickly enough for the Senate '
to take the bill immeliately the House j
passes it. This House action is looked
for at the next week-end.
A Senate committee today decided
on liberalizing rvisions to the home
mortgage re-financing bill, a $2,000,-
000 administration riief proposal al- j
ready passed passed by the House, i
Tc PAGES
i j P TODAY
FIVE CENTS COFY
House Committee Decides
Revenue For Public Work
Provision for Suspension Os
Rates If Dry Law Is Re
pealed Is Con
templaed
SALES TAX LEVY
, IS THRUST ASIDE
No Effort Will Be Made To
Include That Controversial
Measure in Tax Proposal
To Finance Public Works-
Equipment Program of the
Government
(Copyright by the Associated Press.)
Washington, May 20—(AP)—High
er income and gasoline taxes to fin
ance the public works program is hte
present decision of the House< Ways
and Means Committe, with a major
ity also planning a provision for sus
pension of the new levies in event of
prohibition repeal.
As revealed today in interviews with
committemen, an impost on corporate
stock dividends also will be effected
toward financing the $3,300,000,000
public construction-employment bond
issue.
Barring changes at the imminent
session of the committee to draft the
ieg.slaUon, it will be provided that
this, too, could be cast out of the
window if and when the required 36
states ratify repeal. There has been
talk of March 15, next year, figuring
in the decision, that being the first
day for payment of the projected new
inocme tax rates.
Anti-prohibition House members, in
their private discussions, have dwelt
much on President Roosevelt’s Wed
nesday message to Congress, in which
he advocated provision for abandon
ing the new taxes upon repeal of the
amendment and the Volstead act.
“The pre-prohibition revenue laws
would then auf go into ef
fect,’’ he pointed out, “and yield
enough wholly to eliminate these tem
porary re-employment taxes.”
In view of. this ,it appeared likely
that either a formidable congression
al group will press for automat! i
dropping of the taxes under such co i
ditions or to empower the adminis
tration to nullify them.
The sales tax has been thrust aside,
and, it was disclosed today by in
terviews with both Republican and
Democratic committee members that
in the absence of direct v/ord frora
President Roosevelt, no effort woul i
be made to write that controversial
form of taxation into the measure.
Roosevelt
Thanked By
Jap Ruler
i __
Hirohito Message
Precedes Govern
ment Reply, Which
May Evade Issue
May 20 (AP)— Emperoi
Hirohito today dispatched a brief per
sonal message to President Roosevelt
acknowledging the latter’s worldwide
peace appeal. The message read:
“I thank you for this communica
tion, inspired by a desire of assuring
peace for the world, and overcoming
universal depression. j
“I have caused your message to be
transmitted to my government for
their earnest consideration.”
The government’s more definite re
ply is expected next week. Indica
tions have been that the reply will ac
cept the President’s proposals “in
principle,” but with strong reservar
tions. i ! v , / 1
Amazement was expressed in Tokvo
upon rece'pt of President Roosevelt’t
message addressed directly to Em
peror Hirolrto. A spokesman for th«i
foreign office explained that the em
peror never communicates directly
with the heads of other states on po*
litical matters. ; ; { . '