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Henderson daily dispatch. (Henderson, N.C.) 1914-1995, February 02, 1934, Image 1

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HENDERSON
GATEWAY TO
CENTRAL
CAROLINA
TWENTY-FIRST YEAR
RELIEF BILL FOR 950 MILLIONS GIVEN
DOLLAR CLIMBS TO
HIGHER LEVELS IN
FOREIGN MARKETS
Improvement Follows Roos
evelt’s Announcement
of $35 Per Fine
Ou'ncc for Gold
OPERATIVES EXPECT
WALL STREET BOOM
Gold Purchases Abroad To
Be Shipped Here As Rap
idly As Possible; French
Gold Francs Heavily
Bought; Gold Bullion At
All-Time High
dly the Associated Press.)
The United States dollar dim,bed
U| , in relation to foreign currencies
i,ii foreign exchange markets abroad
today.
Tin* improvement followed Prcsi
dent Roosevelt’s announcement that
the United States would pay $35 per
fine ounce for gold.
Operatives immediately began buy
ing gold. In Loudon they bought
French gold francs heavily. Gold
stock, went up in price; gold bullion
it. “If sold at 139 shillings, six pence,
th<' highest price in history, and ap
prox Tnately the same as the Amer
ican opffcr.
r.ondon financial circles said the
gold purchases would be shipped to
the United States as rapidly as pos
..ibic in order to permit«operatives to
take part in what they anticipated
would be a boom in Wall Street.
LEXINGTON MAN IS
KILLED AT CROSSING
Thornasvillc, Feb. 2 (AP) —T. D.
Pope, 47, employee of the Wall Box
Company of was fatally
injured when the heavy truck which
he was driving and the Crescent Lim
ited. crack Southern Railway limited
I lain, crashed here this morning.
The truck was swept about 75 feet
down the track and almost complete
ly demolished. Pope was dead on
arrival at a hospital. He is survived
by a wife and four children, all of
Lexington.
SEED LOAN MEASURE
PASSED BY SENATE
Washington* Fob. 2.—(AIM—
The Smith crop production hill,
modified to carry $45,000,000 lu
stful of $ 100,000,000, for seed
loans lo farmers, was passed to
day by the Senate and sent to the
House.
PLANS FINANCING
OF RUSSIAN TRADE
Washington, Feb, 2 (AF)—Pres
ident Roosevelt is considering the
creation of a banking corporation
here as a medium for financing
Russian trade.
Satterfield
is Sent To
Death Chair
Judge Parker T ells
Jury He Concurs In
Verdict Returned
;it Goldsboro
•-» ...I-..
Goldsboro, Feb. 2. (AIM— Itufus
.'.'illf i field, 43, alleged ambush slay
ti of Herbert Grice, was convicted
<>r first degree murder In Wayne Su
perior Court today and sentenced to
die in the electric chair on March 6.
The jury which received the case
late last night, returned its verdict
!| t 12:55 p. m. It egan its delibera
tions this morning, and considered the
case for four hours and 40 minutes.
After the jury’s verdict was heard,
Ibe defense moved to set the verdict
{| wide, and Judge R. Hunt Parker de
»ied the motion. The defense gave
notice, and an appeal will be taken
to the Supreme Court, automatically
staying sentence.
Before passing sentence, Judge
Barker thanked the jury and told the
burn he concurred in their verdict.
Infatuation with Mrs. Grice was
charged as the cause for the slay-
Henfti'rsmt
Administration Is
To Apply Pressure
Upon War Debtors
favors Payment
Ban
fit m ■
wmm ■
Baron Amaury de ia Grange
The French debt to the United
States should be paid, says Baron
Amaury de la Grange, French sen
ator, pictured on his arrival at New
York to study American aviation
methods. But the French solon se
riously doubts the likelihood of pay
ment under the new ministry.
(Central Press J
LETTERS ON MAIL “
CONTRACTS MOVED
Former Assistant Commerce
Secretary Admits Cor
respondence Gone
SAYS HE ALLOWED IT
Whs Taken Away After Senate In
vestigating Committee Had Ord
ered All of Ills Records
.Subpoeiuicd
Washington, Feb. 2. —(AIM — Wil
liam P. McCracken, former assistant
secretary of commerce, testified De
fore the Senate mail investigating
committee today that he had permit
ted officials of the Northwest Air
ways and Western Air Express to
remove correspondence from bis law
office files after the committee had
subpoenaed all records relating to an
contracts.
McCracken said these clients had
used his office at times f<4V personal
matters not connected with afP*
contract*, ants that such "correspond
ence was removed yesterday.
He had refused to supply the com
mittee with correspondence relating
to negotiations for afr mat) contracts
claiming special privilege due to the
relations between a lawyer and
client.
T CALLINGMEET
Laymen and Taxpayers To
Say What They Think of
State’s Schools
Dully Dispatch Unreal*
la the Sir Walter fiutel,
MV .1 C, MASK EH VI LI,.
Raleigh, Feb. 2.—Dr. A. T. Allen,
State superintendent of public in
struction, has' aroused a great deal of
interest and created a very favorable
reaction as the result of his calling
of a new type of conference on pub
lic education here in Raleigh on Feb
ruary 16, according to the comments
being heard from various sections of
the State. For, instead of inviting
school teachers and educators to this
conference, he has invited almost
everybody else and has made It clear
that this particular meeting is for the
purpose "of finding out what the but
cher .the baker, the. Candlestick mak
er and the rank and file of the school
(Continued rg Page Five.)
ONLY DAILY NEWSPAPER
service of
THE ASSOCIATED PRESS,
HENDERSON, N, C. FRIDAY AFTERNOON, FEBRUARY 2,1934
America’s Dollar Devalua
tion Has Wrought Theo
retical Reduction of
40 Percent
CONGRESS ANXIOUS
FOR A RETALIATION
Half Dozen Moves in That
Direction Have Been Halt
ed by Lack of Administra
tion Approval, But Seems
To Be Near at Hand Now |
Washington, Feb. 2. (AIM
The Senate today re-pass,*d the
Johnson hill, this time with ad
ministration support, to deny new
credit in this country to. all na
tions behind in their debts to the
American government.
The retaliatory measure, put
ting debt defaulters on notice
anew that the United States ex
pects on all war debts due and
overdue, was passed and sent to
tile House without u record vote.
The measure first was passed un
animously January 11, with only a
handful of senators on the floor, but
had been held up since by a motion
to re-consider by Senator Robinson,
of Arkansas, the majority leader.
Robinson worked out the amend
ments with the State Department and
Johnson and pronaunced the bill sat
isfactory to the administration.
As re-passed. the bill provides
penalties up to SIO,OOO and five years
imprisonment for any person or cor
poration to buy or sell any new se
curities or lend money to any for
eign government or its subdivisions
which is in default in whole or in
part on its obligations to this govern
ment.
Washington, Feb. 2. (AP)—- The
Roosevelt administration today ap
peared ready to apply pressure upon
delinquent European war debtors,
pointing out that America’s dollar de
valuation had wrought a.t least theo
retical reduction of at least 40.90 per
cept in the sums owed.
Sentiment apparently ruled sitting
in both tt\e Senate and House in fa
vor of some sort of retaliatory de
faulting nations.
Half a dozen moves in the -past
have been halted, principally by lack
of acquiescence by the administrat
tion
Senator Johnson, Republican, Cali
fornia, today had the approval of the
State Department to certain amend
ments to his measure to deny fur
ther credit to nations behind in their
war debts.
The Democratic leader —Robinson,
of Arkansas —said the Californian
would offer the amendment himself
this afternoon, and predicted readop
tlon of the measure with little or no
debate.
From the House, meanwhile, came
reports that plenty of support for
the bill could be found there.
President’s
Wife Is To
Be At Duke
Mrs/ Roosevelt On
Program of Interna
tional Institute
There In June
t_
High Point, Feb. 2. —(AP)— Mrs.
Franklin D. Roosevelt has accepted
an invitation to the lecture staff of
the second annual Duke Institute of
Thternational Relations, which will
be held at Duke University, Durham,
June 11-23, it was announced here to
day by Tom Alderman Sykes, field
secretary of the institute.
The date of Mrs. Roosevelt’s ap
pearance before the institute has not
been determined, beyond the fact that
it will be during the first week. Her
topic will be announced later, and It
is planned that she spend an entire
day with the institute, Mrs. Sykes
said.
The institute is sponsored jointly
by Duke University and the Ameri
can Friepds Service Committee.
HENDERSON*
BatUt Stsuatrlt
PUBLISHED IN THIS SECTION OF NORTH
"First Lady” Lights Candles on President’s Cake
The huge birthday party at the nation's capital for President Roosevelt was brought to its climax whr»n
! c lighted the candles on the towering cake while the nation’s political leaders looked on I rft
to right are shown Mrs Woodrow Wilson, widow of the former president? Mrs Curtisß. Dali daughter
of the president, and Mrs. Roosevelt. The two men in the background are unidentified.
(Central Press)
U. S. COLLECTIONS
Receipts for First Seven
Months of Fiscal Year
$145,748,145, Col
lector Says
JANUARY REVENUES
9 1-2 MILLION MORE
$25,681,637 Last Month,
Compared With $16,100,-
781 Same Month Last
Year; Seven Months Totals
Year Ago 11 $1,239,400 for
Raleigh Office
Raleigh, Feb. 2. - tAF) —Federal re
venues collected in North Carolina
first seven months of the current fis
cal year were $34,508,745.24 ahead of
the same period a year ago, and Jan
uary receipts were $9,580,855.95 great
er than the same month last year,
Charles H. Robertson, collector, re
ported today.
January collections were $25,681,637
an ii crease of $782,121 over the De
cember receipts, and compared with
$46,100,781.05 in Januarq 1933.
Seven months totals were $145,748,-
145.35 for this fiscal year, compared
with $111,239,400.11 for the period last
year.
Americans
Pardoned
By Spain
Madrid, Spain, Feb. 2 (AfP) —The
sixth section of the supreme court
today approved a governmental par
don for four Americans serving a
jail term in Palma, Malorca, for as
saulting a civil guard.
The Americans are Mr. and Mrs.
Clinton B. Lockwood, of West Spring
field, Mass., Roger F. Meade, of New
York, and Edmund A. Blodgett, of
Stamford, Conn.
They were sent to jail last month
after a long Igeal battle.
The pardon approval today was the
result of the intercession of their be
half of American Ambassador Claude
G. Bowers of the United States.
j The pardon for the Americans, now
lacks only the official sanction of the
full supreme court, to which the sixth
section immediately referred it.
Court officials said it probably
would be considered at tomorrow’s
regular session of the entire court,
and that the pardon was certain.
WEATHER
FOR NORTH CAROLINA.
Fair tonight and Saturday;
warmer Saturday and in west and
central portions tonight.
CAROLINA AND VIRGINIA.
Wave Os Bank Hold-Ups
In Wide Territory Nets
Robbers $185,000 Total
Two Messengers at Penn’s Grove, N. J., Yield $130,000;
Policeman Slain In SIO,OOO Theft In Massachusetts;
$35,000 In Texas, $1 0,000 In New York
Needham, mass., Feb. 2. (AP) —
One policeman was siain, three other
men shot and SIO,OOO taken from the
Needhan. Trust Company .today oy
four bandits two of them armed with
what bank employees described as
sub-inachine guns. Fcrbes McLeod,
policeman, shot through the stomach
as he answeretl the bank’s burglar
alarm, died shortly afterwards in the
Glover hospital.
As the bandits fled from the bank
they compelled Arnold Mclntosh,
treasurer, and John B. Riordan, teller,
to climb on the running board of
their touring car to protect them a
gainst possible pursuit.
Riordan jumped as the car speed
through the square and escaped un
wounded as the bandits fired at him.
Mclntosh was thrown out of the
machine three miles further on.
$130,000 IS TAKEN FROM
MESSENGERS WITH CASH
Penn’s Grove, N. J., Feb. 2. —(AP)
—A band of robbers today held up
two messengers of the Penn’s Grove
National Bank and stole $130,000.
The messengers were within a few
steps of the bank building at Main
and Oak streets when they were
forced to the wall of an adjoining
building and robbed of the two sacks
containing the money in cashv
The two messengers were on their
reStstaxable
Are Liable for State Sales
Tax, Maxwell a'nd Me*
Mullan Decree
Daily Dispatch Bureau,
In the Sir Walter Hotel,
BY J. V. B ASKER VILL.
Raleigh, Feb. 2. —The gross receipts
of vending machines, slot machines
or other automatic sales devices are
subject to the 'State sales tax i»,nd the
tax must be paid by the merchant or
firm on whose property these ma
chines are located, according to a
ruling just Issued by Commissioner
of Revenue A. J. Maxwell and Di
rector Harry McMuTtan of ISie dfPTStartl
of assessments and collections. The
tax must be paid regardless of
whether the machines- are operated
on a commission basis by the pro
perty owner or whether they are own
ed outright.
While the order does not mention
the many slot machines that are
nothing more than gambling devices,
it was indicated that the new order
is aimed primarily at collecting the
three per cent sales tax from hun
dreds of thousands of nickels played
in these gambling machines and for
which no merchandise Is received and
which so far have not been reported
by operators of these machines. It is
pointed out also that the merchant
(Continued on Page Five.)
PUBLISHED EVERY AFTERNOON
EXCEPT SUNDAY.
( way to the bank from the post of
i fice with the two sacks of money,
which was intended for payrolls for
factories in the town.
As they neared the bank, the rob
bers stepped from a car parked near
by, pointed pistols at the messengers
grabbed the sacks, returned to their
automobile and sped off.
THREE MEN TAKE $35,0(81
IN COLEMAN, TEXAS BANK
Coleman, Texas, Feb. 2 (AP) —
Three men robbed the First Nation
al Bank of about $35,000 today and
kidnaped six employees and officers,
releasing all but one two blocks away.
Charles F. Woodruff, assistant cash
ier, was knocked unconscious and was
loaded in the robbers’ car as they
fled,
The robbers entered the bank about
a half hour before the usual open
ing time, made a Negro porter lie on
the floor and waylaid the other em
ployees as they entered.
SIO,(HH) IS SECURED FROM
ROCHESTER BRANCH BANK
Rochester, N. Y., Feb. 2 (AP)—Four
men today held up the Union Trust
Company branch bank at Culver and
Merchant roads and escaped with
! between SIO,OOO and $15,000.
BOOTLEGGERS IT
To Settle With Uncle Sam
So As To Keep Off Fed
eral Officres
Dully Dispatch llnrpne,
In lh(* Sir Wulfer Hotel.
BY J. C. BASKERVILL.
Raleigh, Feb. 2. —Now that bootleg
gers and 4?-ockaders may pay the
Federal tax of $2 a gallon on what
ever liquor stocks they may have on
hand and elimhmte the possibility of
ibieing bothered by Federal officers,
some of the larger illicit liquor deal
ers in the State are paying this tax
in order to keep out of trouble with
the government, it was learned here
* today. Collector of Internal Revenue
Charles H. Robertson - said that they
.were accpeting the tax from any who
■ wanted to pay it and giving them re
ceipts, without asking any questions,
since as far as the government fs
concerned, there is no prohibition law
> in North Carolina. Later on. however,
he believes that the Federal govern
ment will give the State some assis
i tance in enforcing its prohibition law.
“But right now, the only thing tile
government is interested in is collectr
' ing the tax of $2 a gallon on liquor
and alcohol, regardless of who may
1 possess it or who made it,” Robertson
> said.
Some of the bootleggers of course,
(Continued on Page Five.)
8 PAGES
TODAY
FIVE CENTS' COPY
HOUSE
SPLITBETWEED CWA
AND DIRECT RELIEF
Measure Will Come up Mon.
day for Discussion With
out Privilege of
Amendments
OVER 25 MILLIONS
OF PEOPLE HELPED
Provides for Seven Million
Families; Load Has Sharp,
ly Decreased Since March
Last Year, Hopkins Tells
Hou s e Appropriations
Committee
Washington, Fob. 2. —(AP) —House
leaders today decided to postpone un
til Monday consideration of the
$950,000,000 CWA-relief appropriation
The reason was given immediately,
but it was understood that the mea
sure would be taken up Monday uje
der procedure forbidding amendments
Had the resolution been brought to
the floor today it would have been
subject to amendments, and a num
ber of members hs*l indicated they
wanted to increase the total appro
priation so as to insure a longer ex
tension of the CWA.
NOT PERMANENT POLICY
BUT MERELY TEMPORARY
Washington, Feb. 2. —(AP)—An im
mediate appropriation of $450,000,000
to carry on the civil works program
and its 4,000,000 employees, and $500,-
000,000 for direct relief was recom
mended lo the House today by Its ap
propriations committee.
Simultaneously the committee re
leased an account of Harry L. Hop
kins CWA and relief administrator,
that even with the civil works're
quests $100,000,000 higher than was
originally intended, it was improbable
the CWA program would last thro
ugh May.
Hopkins told the committee that
unless immediate action were taken,
the $400,000,000 allotted for the CWA
would bo exhausted on February 9,
and there would be no funds for that
huge payroll
The present rale of expenditure, he
said, was about $70,000,000 per week.
In its formal report the appropria
tions committee admonished the
House to remember "that these re
lief measures are tiot a permanent
policy of the Federal government,’’
and added:
“They are temporary, and only the
extreme emergency Justifies them.”
Summarizing the dfretft and indi
rect aid furnished by the civil works
program and supplemented by state
arid local money and the Federal em
ergency relief activities It provides
(Continued on Page Two)
POTEAT AND HANFT
TO BE GIVEN OATH
Raleigh, Feb. 2.—(AP) — Chief Jus
tice Walter P. Stacy of the State Su
preme Court tomorrow at 11:30 will
administer the oath of office to Dr.
William Louis Poteat of Wake For
est, and Professor William Frank
Hanft, of the University of North
Carolina, the State’s two associate
utilities commissioners.
U. S. Deficit
In 7 Months
$1,922,598
Cash Outlay for That
Period Was $3,602,-
449,624; More To Be
Spent
Washington, Feb. 2. —(AP) — The
government ended seven months of
the fiscal year with a each outlay of
$3,602,449,624 and a deficit of $1,92>-
598 173.
This leaves $7,454,829,000 for the
spending between now and June 30
to fulfill President Roosevelt’s bud
get estimates that aggregate govern
ment outlays this year will exceed
$11,000,000,000.
The figures of the government’s fi
nancial condition at the close of Jan
uary were accompanied by Treasury
assurances that it still planned to
meet the cash needs by borrowing;
rather than spending any of irtTßuge
gold profits on routine government
expenses. ; • fii

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