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PAGE FOUR HEMIERSON DAILY DISPATCH Established August 12, 1914. roblished Every Afternoon Except Sunday by HENDE&SON DISPATCH CO, INC. at 149 Young Street *KNRY A. DENNIS, Pres, and Editor. It. L. FINCH, Sec-Treaa and Bus Mgr. TELEPHONES Editorial Office ® OO Society Editor Jj|° Business Office The Henderson Daily Dispatch is a member of the Associated Press, 6outhern Newspaper Publishers Asso ciation and the North Carolina Press Association. The Associated Press is exclusively entitled to use for republication all news dispatches credited to it or not otherwise credited in this paper, and also the local news published herein. Ail rightaof publication of special dispatches herein are also reserved. SUBSCRIPTION RATES Tayable Strictly In Advance One Tear wu Six Months Three Months * 0 One Week (by Carrier Only) ... Ter Copy 0& NOTICE TO SUBSCRIBERS Look at the printed label on your paper. The date thereon shows when the subscription expires. Forward youi money in ample time for renewal. Notice date on label carefully and if not correct, please notify us at once. Subscribers desiring the address on their paper changed, please state in their communication both the OLD and NEW address. National Advertising Representatives BRYANT, GRIFFITH AND BRUNSON, INC. 9 East 41st Street, New York ISO N. Michigan Ave., Chicago 301 Dovensbire Street, Boston General Motors Bldg.. Detroit Walton Building, Altanta Entered at the post office In Hondcr #on, N. C., as second class mall matter CMRISV . rot, cb*isr Ifc v»\ ■> i ni n ttjte ti %•. JESUS SAID: And I, if I be lifted up, will draw all men unto me.—John 12-32. * TODAY r TODAY’S ANNIVERSARIES 1639 —Jean Baptiste Racine, famed French dramatist, born. Died April 26. 1699. 1740 —Arthur Lee, the Virginia Ijee who studied law to more effectively assist the colonies in their struggles for liberty, America’s agent and dip lomat in Europe during Revolution, born in Virginia. Died there. Dec. 12, 1792. 1604-Benjamin Disraeli. Earl of Beaconsfield, English statesman, born. Died April 19. 1831. 1823 —Jean Henri Fabre. famed French entomologist, born. Died Oct. 11. 1915. 1829 —Laura D. Bridgman, blind, deaf, mute who. like Helen Keller, made life's potentialities fuller and richer for those similarly afflicted, born at Hanover. N. H. Died in Boston. May 24. 1889. 1849—James Lane Allen, noted Ken tucky novelist, born near Lexington, Ky. Died Feb. 18, 1825. ISs4—Mbrton Prince. Boston physi cian, neurologist and psychologist, born in Boston. Died there August 31. 1929. TODAY IN HISTORY 1620 —Pilgrim Fathers landed at Ply mouth, Mass. 1807 —Because of insults to Ameri can flag by British ships. Congress passed an embargo act forbidding American shpis leaving port for for eign countries and closing American ports to British commerce. 1928—President Coolidge signed Boulder Canyon Dam bill. 1932 U. S. House of Representa tives voted to legalize and tax 3.2 per cent beer. 1933 President Roosevelt ordered purchase of 24,121,410 silver ounces yearly. TODAY’S BIRTHDAYS U. S. Senator David A. Reed of Pennsylvania, defeated for reelection in the November elections, born in Pittsburgh, 54 years ago. U. S. Senator Lynn J. Frazier of North Dakota, born in Steele Co., Minn., 60 years ago. Henrietta Szold, founder of Hadas sah, the Women’s Zionist Organiza tion of America, born in Baltimore, 74 years ago. Lawrence Richey of Washington, D. C., former secretary to President Hoover, born at Harrisburg. Pa., 49 years ago. Dr. Edward C. Elliott, president ol Purdue University, born in Chicago. 60 years ago. TODAY’S HOROSCOPE The native of today has a some what lavish disposition which may hit troubh Tfu mind em to have considerate,,- force and there is a strong erne for a direct md honest course, in .if*- but there « twist in the condition which, under Adverse aspect: may overthrow all the benefit that nan accrued trom honest and patient effort. ANSWERS TO TEN QUESTIONS See Back Page 1. English philosopher. 2. South Russia. 3. Richard I. 4? Woodrow Wilson. 6. One who lives in solitude. 6. Chicago, 111. 7 Paraguay. 8. Nathaniel Hawthorne. 9. American historian and educator. 10. Stockholm. of hang-over from thed epression. The World War 20 Years Ago Today jggflff Strc«t barricadet in outskirts of Przemysl. 0 Yrara Ago Today: 1 ”0,000 pri sons in Przemysl were suffering from the effects of food { fuel and clotfcb* rig shortages as Russians, who hud been besieging city for four weeks, launched determined attacks t 9 capture city from Austrians. See “Today is the Day.* Today is the Day With DAY-BY-DAY STORY OF THE WORLD WAR 20 Ysart After By CLARK KINNAIRD yntr«l Pr«M AuoclttlMi| Friday, Dec. 21; 170th day. 159th year of our Independence. St. Thomas’ Day. Morning stars: Mer cury, Mars, Jupiter. Evening stars: Venus and Saturn. Full moon. Zodiac sign Sagittarius. THE WORLD WAR DAY-BY-DAY Doc. 21, 1914 —Przemysl was under going its second terrible seige. It was the mightiest of Austria's eastern fort . .. . , ...... it I f withu ' *ts cat it * i weakness. 1’ *•>*uui me ' The flight of the Aust:o-Hungari before the onrushing army to the pro tection of Przemysl Russian horde had been so precipitate that the mili tary authorities in Przemysl had no time to clear the civil population out of the city, or to provide sufficient food for a long seige. Butchering of horses, to provide meat and save fod der had to begin almpst immediately. Winter clothing supplies were short, too. Przemysl lacked both planes and air defenses. Russian airmen circled the fortress without hindrance, drop ping bombs and observing everything that was being done below to prepare for the inevitable attack. Nicholas Snowden, who was to be a New York barber 20 years later and write a book “Memories of a Spy”—of his war experiences. wa.s in Przemysl on this 21st. He was to re call a Russian night bombardment: “The city byway of comparison sug gested nothing but an island surround ed by volcanoes from which eruptions were occurring all at the same time. Smoke and the glaie of flame filled the sky ... I thought of Pompeii and the citizens who faced their last hours there so many centuries ago. The next moment I felt as if I were in the courtyard of a madhouse whose inmates had just freed themselves from confinement, rushing about aim lessly and then disappearing in all di rections in darkness . . . Horses of an ammunition wagon took fright and crashed into an ambulance. In the same instant a courier on a motor cycle plunged headlong into the wreck ■age of the overturned wagons. Ming led curses and cries for helps added to the confusion, but it was only an incident in the general turmoil.” YOU’RE WRONG IF YOU BELIEVE That it is proper to “feed a cold and starve a fever.” That if close relatives (such as cousins) marry, their children are likely to be mentally or physically de fective. (There is no known biological rea son for the conclusion that the mar riage of cousins, merely because they are cousins will result in defective offspring. The relative purity of stock is the deciding factor. Charles Pat win, the great biologist, married his first cousin. Their four sons became, able men.) That it indicates a severe winter is ahead, if animals acquire an unusu ally heavy coat of fur. Write a wrong. Address Clark Kinnaird. care this newspaper. Preacher Declares Union Man Claimed Roosevelt Backing (Continued from Pago One.) once on December 4 and called the re-hearing at the request of the Rosemary management, which asked t present additinal evidence- that ■there w.-, i threats ( vlp.n-:-- , ; pniitd 1,1 111,- I til- m e ! vv K toy net , .-minis.- . „f ■ | xCllwt *jiLc4tA,L*Olii pi C V uiicti Lii.i ii LilO strike, and he had advised against employing 150 special deputies, be cause he believed that number would have beet) inadequate to obtain ad mittance to the. mill for the 500 em- OTHERS’ VIEWS To the Editor: I wish to take this manner of let ting the public know that 1 worked in the Post Office for eleven years with Mr C. P. Wright. Mr. Wright is a. kind Christian gentleman, and I want him and the public to know that 1 appreciate his worth and character. C. R. BECKHAM. December 21, 1934. (N. C.) DAILY DISPATCH, FRIDAY, DECEMBER |2l, 1934 plovers who wanted to work. H. E. Dobbins, a Roanoke Rapids policemen, testified pickets “were ten deep” around the entrances to the mill. Dooley, who was present at the henring, laterd enied he told Rose mary employees he had conferred will; President Roosevelt and had re ceived the President's personal back • * • to oi^diii2t k i May Take Several Years, However, to Attain Goal (Continued from rage One.) u municipal power plant at Colum bus. Ohio, have received approval. Others are being discussed. If built, they would be part of the “yardstick” system, whereby, administration lead ers say. the rates of private com* p.nni- s would be measured and forced down where they are considered too high Eabson Declares Railroads Are Being Choked to Death (Continued from Page One,) 'hose losses were more than offset : y increasing volume of general busi ness. Now. however, the problem has ci me to a head. Unless relief in some form is secured, the capitalization of a great many roads must be revised. Add to the loss of freight revenues n^wi»a»wwwwwmw»MwniwawiMWHi>nn»iwwwnwiwiwwi>iwiwwnw*Wjt!»i»!wiw» V Shot Guns $7.95 up # 22 Automatic Rem *| 22 Rifles $2.98 up Hunting Knives No. 8 Shot Hunting Coats ington Rifles— ®j* Air Rifle Shot ._ 5c tube SI.OO up Shells 59c box $2.98 up $28.50 each, «r Air Rifles SI.OO up . Repeaters $13.95 ■ ■ - ■ ■ ■ ■ ■ J' Tricycles— Sidewalk Bicycles . $19.95 BICYCLES!! i % $3.98 up'. S«-S««. s Boy ,. „ d C i r W-*27.50 up to $39.50 1 •£?• $9.95 to $10.75 Charlie Horses —slo*9s Balloon Tires—and other kinds. I 3R 1 New Toys Wagons - Red Ste ell 1 “ - m-1; | •*ir , ')£ Dolls, Doll Carriage, j - . ... | 4<rv , _ „ Scooters $1.29 up M ~ r> , _„ _ . = .Automobile*— ? Dick Tracy Sn-een Pedal Car 98c each € -oil beds, Doll Swings, « 98 $19 .95 $37.50 Pistols at 39c each Cow Boy Suit _ $2.98 § £ Doll Basket and Scale set | J Air Rifles SI.OO to $3.95 e, * * LOWEST CASH PRICES '« I WATKINS HARDWARE CO. I % Phone 46 Incorporated Henderson, N. C. B £t DECEMBER min mom iut win "Thu rtjT -TaTI 2 3 4 5 oX*JjB » ioil l2jy* IO l71»IOl( Z 1)3 the sharp rise in costs in the last eighteen months. Adavnces in mat erial prices have added $140,000,000 to operating costs. By July 1, 1935, wages will have returned to the 1929 level and will have added $150,000,000 to operating expenses. Inasmuch as total revenues in 1933. after payment of all operating and interest charges, show ed a deficit of $13,800,000, these ad ded exDenses nro obviously endan ■ ■ ' ture of the w ia roads Rule Im-re.i.si t*id> Hypodermic Wb.it i- ?h vv: .: the rail pro blem? is it an increase in freight rates? Most railroad men feel this would only turn additional traffic over to competitors. The roads can not, of course, continue to maintain the same service at present rates, but if rates are not boosted, the freqency of service must be curtailed. This, likewise, will drive more business over to competitors. Hence, the railroads are between the devil and the deep sea. Freight rates must be boosted about ten per cent as a temporary measure. While this would increase revenue approximately $300,000,000 per year, over the long term any rate increase is bearish. If competition were regulated would it help the roads? Some, but it would not hit at the root of the problem. Even railrqad men admit that truck ing is economic, efficient, and con venient for short hauls. However, for the long haul, the railroad is indis putably the more efficient. Railroad people argue that rtucks should be subject to the same labor tax and rate regulation as the carriers. Ac tually, motor taxes have jumped 50 per cent since 1929, but trucking con “Knowledge Is Power!” corns are doing more business every day. Truck regulation would give abck to the carriers some of their longer haul business, but trucks are hete to stay for the short haul. Problem One of Efficiency and Modernization. The only answer to the railroad s dilemma is more efficient operation. In pooling of service, in a new type of freight car, and in modernization of equipment, big economies can be made. Railroad men have known this for years. But these reforms will eli minate hundreds of railroad empoly ees. Consequently, the labor brother hoods. backed by Congress and the ICC, have prevented the roads from going ahead on a progressive pro gram. Unlike other able business men the rail managements have hitherto not been able to spend five dollars to save ten. The time for dallying is now past. Hence, when Congress meets in January it must squarely face two alternatives: (1) Cutting the shackles which are throttling the roads, or (2) Completely recamping the financial set-up of the industry. Many readers will immediately say that it is more humane to maintain employment than to put the railroads on a paying basis. That is not the whole story. There is the question of the endowment institutions, such as hospitals and savings banks, whose funds are heavily invested in rail se curities. Then, too. if the railroads ar» given a free hand to reorganize their operating facilities, thousands of peo ple will be reemployed in the rail road equipment factories: the latter’s demand for metals will put men back to work in them ines; and so on down the line. Only the building trades have a greater opportunity to con tribute toward recovery than the rail road equipment makers. Not for the Baby’s Bank. The big “if” in the railroad mod ernization problem is the financing. After the recent public utility de bacle. it will be difficult to persuade investors to finance an industry where the government and labor dic tate the policies and tax the profits. The cost of modernization would be terrific. Most of the railroad equip- ment in use today has been robbing the scrap heap for years. The pool ing of services and the development of a new freight car, however, would enable the roads to make a huge cut in operating costs without laying out too much new money. The action which Congress takes will be very important from the in vestors’ standpoint. My guess is that the administration is going to attack the railroad problem in a constructive, manner. Hence, at present prices most railroad securities have discounted the worst. I feel, however, that there are better opportunities for the avei age investor in other groups. If we have inflation —even credit inflation —the railroads will not benefit n'jch as (commodity, industrial or merchandising stocks. Taking a long swing viewpoint of the industry, m\ advice to investors would be to keep most rail stocks and many rail bonas at the top of your strong-box. Business, as estimated by the Bab sonchart, now registers nine per cent above a year ago. but is still 27 per cent below normal.