OCR Interpretation

Henderson daily dispatch. (Henderson, N.C.) 1914-1995, June 15, 1933, 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/sn91068401/1933-06-15/ed-1/seq-1/

What is OCR?

Thumbnail for

‘ " ■■ -- - - - _ » *• <
U. S. Wins Big Victory In
Election Os James M. Cox
Upon Monetary Committee
Looked Upon as Virtually
Accomplished for Dura,
tion of the Economic
Day’s Development at Lon
don Parley Hearten Head
of U. S. Delegation; Ac
ceptance of Silver by U. S.
on War Debt Encouraging
to Senator Pittman
(By the Associated Press.)
The world economic conference for
ged ahead today with thesee develop
1. The United States won a victory
with the elect io n of James M. Cox
as chairman of ths imprtant mone
tary committee.
2. Stabilization of the dollar and
British pound for the duration of the
parley was looked upon as virtually
uccompl shed as the dollar steadied
to lbout $4.05 to the pound.
3. Secretary of State Hull was
“more, hopeful of substantial pro
gress’’ than ever before as a result of
the day'3 developments.
4. Senator Key Pittman hailed the
bcceptanca by the United States of
f 10.000.000 in silver on the British
debt as “the greatest encouragement
to the. intrinsic value of the metal
ever announced.’’
Londcn. June 15. —(AP)—-Secretary
of State CHoidell Hull told newspap
ermen of all nations tonight that he
was “core hopeful of substantial pro
gress’’ by the world’s economic con
fuence than at any previous t.mc.
North Carolina
Ordered To Allow
Rail Surcharges
Washington. June 15 (AP) —The
Interstate Commerce Commission
today directed seven states which
had refused tn permit surcharges
cn freight bills to allow the rail
roads to make such levies.
The decision was directed at
North arolina, South Carolina.
Georgia Alabama, Florida attd
Ohio. ' l ;*!#j
Os Parley
Are Named
Cox Gets Big Mone
tary Plum, With
Italy, France, Hol
land Recognized
London, June 15 (AP) —James M.
Cox American delegate was elected
today as cliainman of the important
nione'ary committee of the world eco
nomic conference.
finance Minister Guido Jung of
italy, and head of his country’s dele
gation. was elected vice-chairman.
Georges Bonnet, French finance
m.nister. was chosen as reporter for
The committee.
Prime Minister Hendryk Colijn of
Holland wa snamed as chairmlan of
ihe economic committee. Secretary
°f state Hull, head of the American
delegation was at first considered
f or thi3 post, but the Americans de
( c!'*d to concentrate on securing the
monetary chairmanship for Mr. Cox,
ex-governor of Ohio, and former pr«s
irtprdjal ncm'ncf of the Democratic
Hruhrrsmt Haifa tl tap afrit
Administration Intends
To Realize $250,000,000
By Tax On Wheat , Cotton
Pension Exhibit A
: | <■
Senator Cutting (right), of New
Mexico, with Peter J. Reno, veteran
of five major World War battles,
who was offered as a “human ex
hibit” before the Senate in the fight
against proposed cuts in veterans’
payments. Reno, whose heart can
be seen palpitating through a cav
ity in his back, had been removed
from disability list by Veterans'
Pressure From White House
and Back Home May
Have Changed Him
Got Himself on Record as Extolling
President; Reynolds’ Bad Break
On Bealie Speech Help,(-
ing Bailey Some
Dnlly isinpntclt Rnrrna,
In the Sir Wnlter Hotel.
Raleigh, June 15.—The decision by
Senator Josiah William Bailey, tho
ugh somewhat belated to track with
President Roosevelt and support his
program, after several months of op
position to many parts of it is serv
ing already to decrease much of the
sentiment which was growing *up
against him in many quarters, accord
ing to opinion here the past several
days. This swing back towards sen
ator Bailey has also been helped by
the rather serious blunder made by
Senator Robert R. Reynolds when he
toad a speech made by one Morris A.
Bealie! in High Point recently in w&ich
he criticized Senator Bailey and oth
ers, as well as many of the measures
advocated by President Roosevelt,
placed in the Congressional Record.
Senator Reynolds has since apologiz
ed for inserting this speech into the
Congressional Record, stating that he
had not read it in fulL at the time he
inserted it. But there is no doubt that
this action has hurt Reynolds and
rebounded to the benefit of Senator
Bailey. v \
The question many here would like
to have answered is: “What made
(Continued on Page Four.)
huge emergency .
, . f
i Washington, June 15.—(Ap)—
! The Senate today adopted the
i conference report on the' $3,600.600
emergency appropriation bill and
sent It to <he White House. The
House approved it yesterday. __
Betterment in Long Range
Farm iPrices Hoped for
as Result of This New
Cotton Tax Expected To Be
Four ICents Per Pound and
Wheat 28 to 30 Cents Per
Bushel; Rates May Be
Raised or Cut According
to Price Trends
Washington, June 15.—(AP) — The
administration intends to raise $250,-
000,000 by processing taxes on wheat
and cotton, which it will levy at their
maximum size in a bold program aim
ed to better long range farm prices
by cutting down production.
The government’s plans provide
that most of the sum will be used to
reward farmers who agree to reduce
their outuput in contrast with the
Federal drive to halt the piling up of
surpluses, long a price-depressing pro
blem for growers of the two chief
cash crops of the United States.
President Roosevelt has approved a
program devised under powers pro
vided by the new farm act, which
Secretary Wallace will make public
tomorrow. A comprehensive acreage
curtailment program will be launched
immediately for cotton to take out as
much as 10,000,000 acres of the crop
now growing.
No effort will be made to cut pro
duction of the wheat now nearing
harvest. Winter-kill and bad weather
have cut he prospects for this crop
down to approximately domestic needs
for the first time this century, al
though there is expected to be carry
over of about 360,000,000 bushels on
'July 1, beginning at the new market
ing year. The wheat program, how-*
ever, is to be put into effect on fall
Wallace has completed details of
both programs except for a few ele
ments still open. One, subject to
change, is the exact time the taxes
will go into effect. He is authorized
by the farm act to levy them at the
beginning of the crop year for each
commodity. That would be July 1 in
it he case of wheat and August 1 in the
Case of cotton. Both may be delayed
until August.
The tax on cotton is expected to be
four cents a pound, that on wheat 28
to 30 cents a bushel. If prices of
either drop before collection of the
tax begins, the rates could be boost
ed, while if prices rose as a result of
the prospect of a smaller future sup
ply the tax could be smaller, since
Wallace’s power authorizes him to
levy a tax which at its maximum re
presents 'the difference btween the
current price and the parity price,
which is based on pre-war average
levels. /
Forestry Camps ' ■
In Warren, Durham
Counties Planned
Raleigh, June 15 (AP) —iF. H. Clar
idge, supervisor of State-operated
camps of the Civilian Conservation
Corps, and Major Moore, of Fort
Bragg, today are insecting a site for
a proposed forestry camp in War
ren county.
Next in line to be selected is the
site for the Durham! county camfip.
after which sites in Piedmont coun
ties will be picked.
Sites have already been approved
near Stantonsburg in . Wilson county,
and Windsor, in Bertie county, and a
camp at Lake Waccamaw- is already
occupied. i '
Fair tonight and Friday; war
mer Friday and in extreme west
portion tonight. , _
Leader of U. S. "Fascists”
Alt J. Smith (insert), commander-in-chief of the Khaki Shirts, an
organization patterned after European Fascists groups, aims to take
over U. S. government, he told 2,000 followers who massed at a meeting
at Philadelphia where these photos were taken.
(Central Press)
Huge Building Program
For Navy Is Announced
$238,000,000 Outiay From P üblic Works Program Would
Put 32 Ships in Waters In Three Years, Swanson
Says; Start Work Soon; Roosevelt Approves
Washington, June 15.—(AP)—A
$238,000,000 naval building pro
gram, intended to put 32 new
ships in the waters in three years,
was formally announced today by
Secretary Swanson.
President Roosevelt has agreed to
allocate the funds vit of the $3,300,-
000 public works appropriation, and
‘is anxious to have the work done
las soon as possible,’’ Swanson said.
“We will build to the fullest cap
acity of shipyard facilities,’’ he ad
ded, “as quickly as possible we want
to put people to work at shipbuilding,
where 85 percent of the expenditure
goes to labor.
’ )
State Officials and Employ,
ees Welcome Him; Glad
Burke Is Going
Dally Dlvpnteh flnrena.
In the Sir Wnlter Hotel.
***■ J V. ItASKEHVii.t,.
Raleigh, June 15.—The appointment
of Frank Dunlap of Wadesboro An
son county, to be assistant director of
•the budget to succeed Henry Burke,
who has held this post for the past
(eight years, is not only meeting with
general approval in State governmen
tal circles here, but with real accJaim
The principal reason for this is, of
course, the fact that Burke at last is
actually going to leave the State’s
iempioy as the active head of the Bud
get Bureau. This fact alone would
cause rejoicing among most of the
iSfcpt)ft officials and {employes, wijth
whom Burke has been about as pop
ular as rat poison. The second factor
in the almost universal approval of
the appointment of Dunlap to suc
ceed Burke, is that Dunlap is per
sonally popular with a majority of the
'State officials and employes as a re
sult of his contacts with them and
last two years of the Gardner ad
(Contipued on Page Sight)
State Conference at High Point Goes
cH Record for Retaining
18th Amendment ,
High Point, June 15 (AP) —Oscar
Hedge, of Winston Salem, was elect
ed president of the North Carolina
Christian Endeavor Union here today,
and the union adopted a resolution
advocating retention of the eighteenth
The delegates declared in favor of
rigid enforcement of the prohibition
laws especially by practicing total
abstinence and seeking others to d’o
likewise. . ( __ ___
“We can start in the navy yards at
“We hope eto open bids for pri
vate shipyards in July and may be
ready to go ahead in them by August
though that depends a great deal on ;
“Every navy yard in the United i
States capable of doing work will
have some work to do. The program
will be pushed from the department
with all the vigor we have.”
Asked whether the construction
would affect the Geneva arms con
ference, Swanson—a former delegate
—said nclt, since “we won’e do any
thing except what it has been agreed
we should do.”
Backing Up
House Group to Sus
tain President On
Compro m i s e On
Cuts for Veterans
Washington, June 15.—(AP) — A
conference of House Democrats voted
171 to 31 today, to sustain President
Roosevelt’s compromise on veterans’
Compensation in the tally of the
House of Representatives itself,
which was scheduled soon to ensue.
The conference vote was not bind
ing on the party membership, how
It was explained by Democratic
leaders that it merely voiced a senti
ment of a maority of the Democrats.
The Tammany delegation threw its
support behind the President’s pro
Although 202 members voted at the
Democratic conference, they have 313
Republicans said they were going
to vote for the Steiwer maendment
as a unit, and, with 100 Democratic
votes, could put over their proposi
tion in the Senate, which is the Cut
ting-Steiwer amendment for more li
iContir.uen on Page Hour!
One Pennsylvania
Town Has a Snow
Coatsville, Fa., June 15 (AP) —
Weather history for this regie*.!
was made last night snow falling
at Sadsbury, foujr miles west of
Coatsvillq. ' The flurry lasted
several minutes and the tempera
ture dropped to 45 degrees.
Total Debts Due
To U. S. This Date
, Are $144,000,000
Washington. June 15 (AP)—The
war debt payments due today, on
which the United States is collecting
a scant few millions, total $144,000,000.
They are listed here by countries,
with the promised payments:
Country Total Due Being Paid
Great Britain $75,950,000 SIO,OOO 000
France 40,738,000
Raly 13,545,000 1 000,000
Belgium 6,325,000
Czechoslovakia 1,500,000
Roumania 1,000 000
Poland 3,559'000
Esthonia 284.322
Finland 148,000
Hungary* . 28,260
Latvia 118,961
Lithuania 132,073
Jugo-SlavLa ... 275,000
12 1-2 Percent Slash in SaL
aries To Become Effec
tive November 1,
They Are Told
union meiTnot TO
On Top of Previous 10 Per
cent Gut, Would Make 22
1-2 Percent Reduction
from Basic Scales; Meet
ing Called for July 12 To
Be in Chicago
Chicago, .Turin 15 —( A p)—America’s
railroads today notified their union
employees an additional cut of 12 1-2
iperoent in wages would be made ef
fective next November 1.
The announcement, made through
the Railway Executives Association,
said, in effect, that a previous “tem
.porary deduction of ten percent”
would be Made permanent, and that
an additional 12 1-2 percent cut,
would be imposed.
The total slash in pay under the
announcement wou|d be 22 1-2 per
cent from the basic wage scale.
Officials of the Railway Executives
Association have announced flatly
'the union workers would not accept
such a cut.
The railroads asked that represen
tives of the union employees meet in
(Continued on Page Pour.)
School Body Will
Recognize Certain
School Districts
Raleigh, June 15 (AP) —Leßoy Mar
tin, secretary of the State School
Commission, said today that the com
mission is working on a definitely
policy or recognizing, every charter
district with a student population of
1,500 or more as an administratiwe
unit, but that some districts with pop
ulations that large or larger would
not be set up as administrative divi
Navy Board
To Accept
The Macon
Washington, June 15 (API-
Sec re tairy Swanson announced td
day that the special trial board
has recommended that the Navy
accept the new airship Macon.
The board, headed by Rear-Ad
miral George Day, reported the air
ship flights were completed and
recommended acceptance “subject
to routine ppsGtria (inspections.’’
V*. . > *
England Pays $10,000,000
on $75,950,000 Install
ment Due to The I ;
United States
Total Due Is $13,545,000;
Poland and France Advise
They Will Pay Nothing, as
They Did Last December;
Anglo m American Debt
Conference Arranged
Washington, June 15— (AP)—With
some nations defaulting and others
making part payments, European
counties today fell in line behind
Great Britain in informing the Wash
ington government of their decision
on war debt installments.
Early in the day—the semi-annual
payday for war debts—the Polish Em
bassy announced it had informed the
State Department it could not pay the
$3,550,000 due. Poland also defaulted
last December.
Next, Ambassador Rosso of Italy
advised the State Department his
country would pay $1,000,000 of the
$13,545,000 due. This was $245,000 less
than the actual amount of interest
♦payable* (the remainder being prin
Dispatches from Paris said France
would default on the $40,738,000 pay
able today. France took the same ac
tion last December.
Great Britain made known last
n ght it would pay $10,000,000 in silver
at 50 cents an ounce on the $75,950,'-
000 owed. However, the full debt was
acknowledged pending final settle
ment. A conference will be 1 held her*
shortly between representatives 6(
Great Britain and the United States
to go ove rthe debt problem, the de
cision to be submitted to Congress.
Claim Is
Bealle Says Senator
Did Read Speech
Put Into Record At
Washington, June 15.-^-(AP) — The
assertion by Senator Reynolds, Dem
ocrat, North Carolina, that he had not
read the speech he inserted recently
in the Congressional Record attack
ing two of his colleagues, was dis
puted today by the author, but Vice-
President Garner said the controver
sy would go on outside the record.
Morris A. Bealle. of Washington,
whose speech attacking Senators Rob
inson, Democrat, Arkansas, and
Bailey. Democrat, North Carolina, wab
placed in the records by Reynolds, but
later withdrawn with apologies, said
in a letter t 0 Garner and Reynolds
that the latter had read it before hfe
Reynolds, in asking to havg the
speech withdrawn, apologized to h',*
colleagues, saying he had not read if
and did not know its contents.
“You know full well that you die.
read this speech iu its entirety.
Bealle’s letter said. “Further, tha
you discussed the Bailey portions o
it with me before it was done. Y-o'.,
know very well that at your request
I spent an hour in your office Mon
day afternoon going over it and d«
leting certain portions which refer
red to Congressman Pou and Senatof
Joe Robinson, whic were backed uj
by and placed upon public records
but which you thought might caus*
reprisal later on.
Senator Reynolds said he had ru
celved the letter, but it was an in
famous lie.
Copies of Bealle’e letter sto Vicr
President Garner and Senator Re*
nolds were sent to the Daily Dispa be*
today by Bealle and in addition t
quotations in the above news stof
from Washington, the letter -
nolds closes as fellows:<♦
“Mr. D. V. Cartel* ’domi&ander t
the North Carolina Spanish
erans, informs me that you £t>l<f?hir
you voted for the ‘Soak-the-Veteram
Act, alias ths Economy Bill, - wfthou •
tn Page Four.g, t

xml | txt