Henderson daily dispatch., October 18, 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

                
■'"TjENBERSON
gateway to
central
CAROLINA
twentieth year
HI TRUCK MAN
HELD UP BY LONE
BANDIT IN WILSON
Escapes With Three Regist
ered Mail Pouches and
Binds and Gags the
Carrier
TWO OTHERS JOIN
IN ROBBERY ALSO
Postal Authorities Check
Records While Federal Au
thorities Rush to Scene To
Make Investigation; Hold-
Up Occurs at Passenger
Station
Wilson, Ot. 18 (AD—A lone ban
dit held up Hugh Hawley, contract
mall truck driver here early today
forced him to drive to a wood? near
•>* city tied him up and escaped with
three registered mail pounches be.
lieved to contain currency shipments
icr local banks.
Postmaster John R. DUdy was an
able to ascertain immediately whe
ther the bags contained any large
shipments of cash but said he believ.
ed one of the pouches held a ship
ment expected today by one bank
here.
While postal authorities checked
records Hederal Fetleral authorities
were en route here to launch an in
vestigation.
Hawley was held up at the Atlan.
tic Coast Lint* railroad station at 4
a. m by the bandit at pistol points
and forced to drive away from the
ci*.\ into the woods where another
machine occupied by two m**n drove
ap. There the mail truck was toot
ed of the three bags and the bandit
car occupied by two of the men wa
driven off.
The third man forced Hawley to
urn about and drive half a mile
b:ck toward Wilson and stop. There
the bandits bound Hawley’s hands
r.d walked off down the road.
A chert while later Hawley soun J
a farmer near by-end was freed- He
then ntified the police.
Hawley said he did not recognize
the men.
Bond Issue
Over-T aken
Four Times
Subscriptions Still
Pouring In for Gov
ernment Half Bil-j
lion Offering
Washington, Oct. 18— (AP)—- Presi
dent Roosevelt announced today that
the Treasury’s offer of $500,000 in a
new bond issue had been over-sub
scribed four times, with subscriptions
s ; H!pouring in by mail.
With books closed on the cash issue
last night, h* said subscriptions
amounted to nearly two billion dol
lar’ ,
The bonds mature in 12 years and
®re callable in ten.
They bear interest at 4 1-4 percent
the first year and 3 1-4 percent there
after
Th* ersh issue was in connection
* ‘th an offer to exchange identical
or >d s for Fourth Liberty bonds, ap
proximately one-third of which were
called.
A gratifying response to the ex
c a ! £e offer was aho reported.
Free Government
Grading Offered
All Tobacco Here
bar-^c*° VferiWafnt adin g on. all to
ht-,-' S °' <i cn Henderson market
ni T jg and for the
th< he ytar was announced
h J,\ p rn ° 0n by O. W. Kott. ware.
M thLs market and p re
-1,/,.,, { tnp Middle Belt Warehouse
advlsed T^ 011 - Mr - Knott was
. y p arm Administration
cfcr'>,) ■* Zs 7v S ‘ n W^h ' infftan of *** <>f
v hw Wine to all growers
Mr k!? I,)s1 to them whatever,
the, ~n w? " 'n Washington over
itnd-iv 7 Ul ‘ k * fn <l it became known
W; ' S 1,11 conference with J.
• '°n -md .1. q Lanier of the
C ~ CCo se< f ‘° n c, f th3 administetuijn,
' y *?OSM3qM3H
itmutersnn Batht M&txzttzh
LEASED WIRE SERVICE OF
THE ASSOCIATED PRESS,
With European peace threatened by
the bold decision of Chancellor Adolf
Hitler, top. center, in withdrawing
Germany from the League of Nations
and the world disarmament confer
ence, Arthur Henderson, below, right,
Mrs. Ehringhaus
Has An Operation
Norfolk. Va., Oct. 18.—(Al’) —
Mrs. J. O. B. Ehringhaus, wife ol
th«* governor of North Carolina,
was operated on at 9 a. m. today at
St. Vincent’s hospital, and at noon
was “doing fine,” Governor Ehring
hsus announced.
Governor and Mrs. Ehringhaus
came to Norfolk Monday and were
guests at a local hotel until she
went to the hospital today. The
operation was of a minor nature.
GOODYEARAOCUSED
Sears, Roebuck and Com
pany Favored in Price
Concessions, Is Charge
SUIT IMPORTANT ONE
Long Existing Price War Between
Mail Order Houses and Other
Tire Dealers Adds Significance
To the Action
Washington, Oct. 18. —(AP)— The
Goodyear Tire and Rubber Company
has been formally chargjed by the
Federal Trade Commission with mak
ing price discriminations in its pro
ducts in favor of Sears, Roebuck and
Company in violation of the Clayton
acS.
The suit, regarded as particularly
important in rubber trade circles be
cause of the long existing price war
between mail order houses and other
tire dealers, calls for an early an
swer, after which the case will be
<Contir.ueil on Page Four!
and Secretary of Agriculture Henry
Wallace relative to th.« and other
phases of the tobacco situation. He
was given to understand that the dc •
partment wished to offer the service
on the Henderson market and since
ibis return has had an exehang* of
several telegrams about the proposal.
Government graders ‘here also had
notice today of the new service df_
sered free to (tobacco growers.
Henderson has for several years had
government grading foi p *'-‘ tobacco
{growers d*sir:n„ it but a small fee
was charged for- such tobacco as war.,
jjft on Page Six.£
ONLY DAILY
Mussolini Acts 1 o Patch German Breach as Army Parley Adjourns
■ - - r : ipif - J "
M ‘ i
PUBLISHED IN THIS SECTION OF NORTH CAROLINA AND VimNlA’.
HENDERSON N. C., WEDNESDAY AFTERNOON, OCTOBER 18, 1933
Brili«h h< ad of the conference; For
eign Minister Joseph Paul-Boncour,
of France, top, right; Norman H.
Davis, America’s roving ambassador,
top, left, and other leaders of the
conference have decided to adjourn
ME FORES! AND
DURHAM GET LOAN
FDR WORKS JOBS
School Building and Huge
Waterworks Projects To
Be Built With Gov
ernment Money
10 MILLIONS GIVEN
FOR 67 PROPOSALS
Non-Federal Projects To
Share In Distribution and
Many Thousands of Jobs
Will Be Furnished In Ex
penditure of Sums; Longest
Yet An'rrounced
Washington.. Oct. 18 —(AP)
Durham and Wake Forest, N. C.,
today received grants from the
public works fund.
The Durham allotment was a
loan and grant of $710,000, while
Wake Forest received a grant of
$15,000.
The funds received by Durham
are for the re-location and exten
sion of sewers and construction
of an activated sludge treatment
plant for present use-, and pro
visions for future extension.
Thirty percent of the cost of
labor and materials, approximate
ly $533,000. was an outright grant
and balanced a loan secured by
four pprewit general obfcighrion
bonds. Work can s/tart within
one month and is expected to give
275 men employment for a year.
Wake F|»rest’s allotment I rep
presents 30 percent of the cost of
labor and materials in 'the con
struction of a school building, the j
total cost of which is expected to
be $59,442. No loan was requested.
Work will begin within one month
and is expected to give 50 men
work for six months.
OVER SIO,OOO 000 ALLOTTED
TO 67, NON-FEDERAL JOBS
Washington, Oct. 18. —(AP) — The
Public Works Administration today
allotted $10,119,514 for 67 non-Federal
construction projects in 23 states,
which officials isaid woifjd proviefe.
58,317 man months of quick employ
ment.
The list the longest of non-Federal
projects yet announced, included pro
vision of funds for schools, water
works, sewers, hospitals, alms houses
auditoriums, powerplants, streets,
dams, court houses, jails and other
public structures.. x;
INVESTIGATION INTO
BIG SALARIES BEGUN
Washington. Oct. 18.—(AP)-
The Federal Trade Commission
announced today it lias started >♦«*
investigation’ of the size of the
salaries of America’s business
leaders.
the arms parley temporarily. Simul
taneously, it was indicated that Pre
mier Benito Mussolini of Italy, be
low. left may call a five-power con
ference in Rome to chart a course for
the future as a result of Germany’s do- j
cision. The disarmament conference I
See Eh ringh a us-Reyn olds
Uniting On Committeeman
Democrats in State Divided Into Three Parts, With Each
Unit Seeking Control; Combine Would Fight Bailey-
Shuping Wing For Patronage _ ,
Raleigh, Oct. 18—(AP)—Friends
of Governor Ehringhaus, includ
ing memliers of the State’** of
ficial ianrj <ly, today were busy
pushing the chief executive for
ward as successor to Former
Governor O. Max Gardner as
Democratic national committee
man.
Governor Ehringhaus was out of
the city, hut a decided move to place
him in the running was under
way.
Most prominently mentioned
for the place, following former
Seiuiicr Cameron Morrison’s an
nouncement he would not accept
the post, have been J. O. Carr,
of Wilmington; Julian Price, of
Greensboro; and C. L. Shuping. of
Greensgoro,
Dolly THspntcii Rvreai,
In the Sir Wo I ter Hotel.
HV J C. lUSKBRVItt.
Raleigh, Oct. 18. —The battle al
ready raging between the various
factions in the Democratic party in
the State to fill the vacancy on the
National Democratic Committee,
caused by the recent resignation of
former Governor O. Max Gardner
from that post, is holding the cen
ter of the State ip political circles
here. The opinion is also growing that
Trouble In
Europe \ et
Is W orrying
Nazi Plots In Austria
Threaten; Denmark
Bristles Up Her De
fenses , •
(By Associated Press.)
Austrian government authorities
continued their investigation of al
leged Nazi plots to seize arms from
the Linz and other garrisons as it
was disclosed a nationwide Nazi mili
tary organization has been developed.
Europe contemplated the possible
implications of the declaration of
, Prime Minister Staunino of Denmark
' —coincident with reports military
units in Schleswig had been reinforc
ed—that the Danish southern frontier
would be defended “by all means at
our disposal.”v -
The personal clash between Baron
von Neurath of Germany and Sir
John Simond, of Great Britain, at
tracted in ter national interest.
Rumors of an impending Austro-
German agreement, in the Austrian
anti-Nazi campaign arose with word
that Guido Jakoncig, former Dollfuss
cabinet member, -;had been in Berlin
since last week.
building in Geneva, where the Ger
man announced that Ger
many refused to be a second-class
nation and demanded equality, is
shown, center, below. Some political
observers are predicting war in 18
months.
it was in the hope that this present
scramble for the job might be avert
ed that Governor Gardner was pre
vailed ujen to postpone his resigna
tion as Icng as he did. For all of the
party leaders feared and most of
them felt sure a factional fight with
in the party would develop over this
pest as soon as it should be vacated
by Gardner.
It is no secret, here that the Demo
cratic patty in North Carolina, like
all Gaul, is divided into three parts
or factions, as follows:
The Ehringhaus faction, now em
bracing most of Eastern North Caro
lina.
The Baitey-Shuping faction, strug
gling for control of the Piedmont.
The Reynolds faction, with its prin
cipal strength in the western counties
but -with a large following in the east
as well.
There are indications that the Eh
ringhaus and Reynolds factions are
now working together with a better
sp’rit than has been evidenced for a
good many months and tha* there is
nothing like as much friction between
these two groups as formerly. It is
aLu gene:ally agreed that the best of
feeling now exists between. Senator
(Continued on Page Four.)
Ta WE RESERVE
$120,000,000 Set Aside To
Cover Losses, Senate
Committee Told
Washington. Oct. 18.—(AP)—
Evidence was pr'**nted to Senate
investigators today that the Cha#e
Securities Corporation had set
aside $120,000,000 from its reserve
to covei losses. • - *
That was given as 77 percent of its
total capital and earnings.
Testimony of huge losses suffered
by this securities affiliate of the Chase
National Bank was laid before the
committee by Ferdinand Pecora, coun
sel for the Senate Banking Commit
tee. He presented figures that the
total capital and earnings of the com
pany from its organization in 1927
to the end of June this year -were
$156,453,000.
Os this, $21,007,500 was paid in di
vidends and $120,138,075 was set aside
from reserves “to cover losses and
mark-down the book value of the com
pany’s securities.
This left, in June $14,407,732 in capi
tal and surplus, of which 407,732 wasi
earned surplus.
The recapitulation of the companies
records was prepared by committee
against and admitted to the record
after being identified by Albert H.
Wiggin, retired chairman of the bank,
who was testifying. 4
PUBLISHED EVERY AFTERNOON
EXCEPT SUNDAY.
Price Os Tobacco
Reaches Parity In
Eastern Carolina
President Delays
Retail Code Rule
Washington, Oct. 18.—(AP)— A
final decision on the retail code
and its controversial loss limitation
provision had not been reached to
day by President Roosevelt.
Although it had been expected In
some official quartets that he was
about ready to state his mind, he
was represented as feeling taht,
because of the many things involv
ed, more consideration should be
given.
Consequently, he arranged a
series of conferences to continue
discussions begun yesterday.
s
ROOSEVELT FEELS
Have Risen 32 Percent from
Level Averaged In Year
Ended Last March
31, However
WHAT FARMER BUYS
CLIMBS 11 PERCENT
Factory Employment In Sep
tember Had Recovered
Two Fifths of Its Decline,
and Income of Factory
Workers Had Regained
Quarter of Its Loss
Washington. Oct. 18.—(AP)—Presi
dent Roosevelt feels that, although
farm prices have increased 32 percent
since the average for the year that
ended March 31, they were not yet
high enough.
An economiist for the executive
council has presented figures to the
President showing that the product?
the farmer sold in September brought
32 percent more than in the 12 months
ending with March.
In the samo period, it was stated
in official quarters today, the econo
mist has reported the cost of things
the farmer buys has increased 11 per
cent.
Figures also have been submitted to
the President showing that factory
employment in September compared
with 1929 had recovered two-fifths ol
its decline, and the income of factory
workers had regained a quarter of the
loss, while the cose of living rose nine
percent from March to September.
through'disgust
Squabble and Bickering In
Party Ranks In State Dis
pleased Him
Dally Olapnfcfe Rnreaa.
In the Mir Wnl»« Hotel.
wv j c. haskervit.l.
Raledejh. Oct. 18 -There are two
main reasons Why former Governor
O. Max Gardner resigned as a mem.
ber of the Democratic National Com
mittee. according to opinion* in poli
tical circles here, aside fro mthe rea
son given in his letter of resignation,
to 'the effect that he desired to de.
vote his entire time to his law prac
tice in Washington. These two rea
sons are as follows:
1. He grew tired of the factional
ism and bickerings within the Demo,
cratic party here in North Carolina
and between its representatives in
Congress. '
2. He resented the talk that has
been prevalent for some time that
he was capitalizing on his positoin a"
•a national' committeeman and his
former prestige as governor in his
law practice in Washington.
It is also agreed that Gardner was
becoming tired of being used by sen
ators and congressmen as an alibi to
job hunters and of being represented
as the “power behind the throne” in
(the distribution of Federal patronage
in North Carolina. Those who really*
tenow the facts are convinced that,
(Continued on Page Six.)
WFathlr
FOR NORTH CAROLINA.
Fair, slightly colder tonight;
probably light frost in central and
west pcition*; Thursday fair.
C PAGES
° TODAY
FIVE CENTS COPY
Many Warehouses Report
Average About 17-Cent
Level Named I'n U. S.
Agreement
ROOSEVELT OFFERS
EVERY ASSISTANCE
Personal Letter To Governor*
Ehringhaus Pledges Full
Support of Administration
To Help Growers; Three
Year Record Price Is Scor*
ed at Wilson
Raleig-h, Oot. IS (AP) Farmers of
(Eastern North Carolina were happy
today as a number of warehouses re
ported their tobacco sales are now
averaging more than sl7 per 100
pounds; the: leistjjtmiatied pkaftty prflfcf.
of the Agricultural Adjustment Ad
ministration .
Figures showing the high average
came in at the same time that the of.
fice of Governor Ehringhai's an
nounced receipt of a- persoml letter
from President Roosevelt pledging
full support of the national adminis
tration in ainy move to secure fa!"
prices for tobacco. *
At Willson the sales Monday aver
aged higher than in three year?, with,
the official figur e&et at $17.52 per
hundred pounds for 1,375,246 pound - ;
sold. Two warehouses operated by
cine firm advertised i, n newspaper*,
that 303,496 pounds sold on the twin,
floors at an average of $18.05.
Kinston reported a Monday official
average of $18.68 for 1,133,536
pounds and ante house was advertis
ing in a half page display that it <so|d
279.186 pounds for $19.39 per 100.,
GreenvUle’tS' |j.vteraige Monday Vwa c .
$16.56 per 100 pounds. Farmyi'ly’s
was $18.15; Durham’s was $15.43
and Pmithfiel&’s was $16.34.
ktoe -history of
the Winston-Salem tobacco market —
1,500,000 pounds—yesterday was re
ported here today and warehousemen
expected today's sales to equal yes
terday’s when 1.154.448 pounds sold
at an average of $17.75.
Seek End
Os Ford j>
Walk-Out
Washington, Oct 18.—CAP)—Sena
tor Wagener, National Labor Board
chairman, in a statement today, said
that. Ford officials, asked to confe:
with their employees and Labor Board
representatives at Newark, N. J., this
morning, had announced lack of au
thority to enter the conference, an
were seeking further instructions frOr -
Dearborn.
Simultaneously, Wagener made pub
lic an exchange of telegrams be twee
himself and the Ford Motor Compan
regarding adjustment of difference
with the striking workers of the Edge
water, N. J., and Chester, Pa., assem
bly plants, and said:
“Wfc believe the Ford Motor Com
pany deshes to maintain the coop -
erative attitude indicated in its tele
gram of October 16. The board wa
gratified by that position yesterday
and has reason to expect results frpt-i
the conference today.”
Add Apples
To Surplus
For Buying
1,000 Car Lots Ox;
Grade C Fruit To Bo ;
Bought for. Food so *
the Needy
Washington, Oct. 18— CAP)— Apr’ s
today were added to the surplus pr <-
ducts to be purchased by the govei -
m«nt for relief purposes
Harry L. Hopkins, relief a imin' - *
] trator, announced that 1,000 car lota t
Grade C apples will be purchased .1
■i addition to butter, cattle and an ur
determined amount of wheat. He has
appropriated S3OO 000 to buy apples.
He said that between 5,000,000 ar.i
10.000,00 f>£ low grade rain cattle, prin
cipally “fthe” stock, will be purchas l i
and processed for relief purposes. Most
of this meat will be canned.
The total amount of wheat to he
purchased has not been determined.