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C \ TOW AY TO CENTRAL CAROLINA TWKNTY-SECOND year NAVAL CONFERENCE SLIDES INTO DEADLOCK Holding Companies Anxious To Join In With Government To Speed Utility Act Test NUMBER OF SUITS MIGHT BE REDUCED 10 HASTEN ACTION Gadsden Says it is in Inter est of General Business Recovery That Ruling Be Had. I ULI. CO-OPERATION GIVEN DEPARTMENT Utilities Anxious to Avoid Litigation Based Upori Multitude of Legal Actions Offer is First Break in Separate Efforts in Hold ing Company Fight. Washington, Dec. 10. (AP) Or .iii/fil utility holding companies to il v offered to cooperate with the gov ernment in reducing the multiplicity of nits under the holding company I hilin K. Gadsden, chairman of the committee of public utility executives, said in a statement: If the attorney general and the Sl' v " are anxious to avoid the prose- I ration of the multiplicity of suits bas il upon the public utility act of 1935. they can rely on the full cooperation ; nf the utilities.” The offer was the first break in j (Continued on Page Two.) Young Geo. Olvany ] Attempts Suicide At Saranac I ,ake S.uanae Lake. N. Y., Dec. 10 (AP) ; George W. Olvany, Jr„ 22-year-old j -m: of a former leader of Tammany J Hall was found shot and critically j wounded on the grounds of a desert- i ed hotel at 3 a. m. today. Police i officer Waller Duprey said he appa lently had attempted to commit sui cide . 11l 15 calibre automatic pistol lav i! hi ii!i• in the snow. A bullet had been find through his nose and an other through his temple. A short time earlier Olvany had iveil a farewell party for a small -inup of friends, whom he had told ih.it he planned to leave soon for his home in New Yolk for the Christmas holidays. uumey said Olvany left a note in dicating he was discouraged. Anoth -1 note lound in his clothing describ 'd how be. intended to fire a. "test oi mst to test his aim. The same note said, "Ibis will be a lesson 1 "•'lit forget.” Tin. note directed the police to look in his apartment for other messages midi eased to my parents and fiance. In the room officers found notes for hi. piients and Miss Sidney Schaffer of Providence, It. I. Arms Parley Sure To End As Failure All Indications Now Are It Will End in Row; Seven Powers Seek Parity. I*y CHARLES I*. STEWART Washington, Dec. 10. —Upon the ad journment of an international confer ence which has accomplished nothing (the usual upshot of such gatherings) the participant powers’ respective publicity staffs face the difficult job "I preparing a report to the effect * hat the meeting was a wonderful success, and proving it to the satis -1 act ion of their various home peoples. By the use of a lot of diplomatic language, understood by nobody, they ILirnticrsmt -Daily SKsyatrit ONLY DAILY NEWSPAPER PUBLISHED IN THIS SECTION OF NORTH CAROLINA AND VTRGTWA * m*‘a'L ' VI uK Sl«:R VICE OF lIIL associated press. Bank Resources In State Are Nearing All- Time High Now Win on Olympics < Rv Avery Brundage (left) of Chicago, and Major Patrick J. Walsh (right) of New York, led tight in A. A. U. national meeting in New York for American participation in Olympic games in Germany. They won vote against withdrawal resolution. (Central Press) North China Engagement Is Reported Protest to .) a p a n About Mancliu In vasion Brings Very Little Satisfaction. Peiping. China, Dec. 10. —(AP) Chinese sources reported tonight that an invading Manchoukuan army, us ing tanks, had driven the special po lice of southeast Chahar into the city of Kuyuan after a battle in which many were killed. As a result of the troop action, ft was said, the forces of the Japanese directed empire of Muuchoukuo were iu control of more Chinese territory. The reports recounted that the spe cial police of the demilitarized area in Chahar province were unable to block the alleged Invasion, and that the police now were held in virtually a state of siege in Kuyan. The invasion was said to have starts ed this morning, with the fighting at an end by nightfall. The Chinese authorities made re presentations to Lieutenant Colonel Takahashi, the Japanese military at tache assigned here. Colonel Takahashi was said to have requested the staff of the Japanese Kwantung army to ask Manchoukuo to desist. He was understood to have told the Chinese that the alleged hos tilities wore due to a. wrong distribu tion of the police, who operate In the demilitarized zone under an agree ment between China and Japan. Eleven Killed As Belgian Air Liner Falls in England Pais field, Kent. England, l)ee. 10, (A I’) — Eleven persons were killed today when a Belgian air liner crashed Into a rain-swept English valley. Seven of the victims were pas sengers; four were members of the crew. The plane was headed toward London from Brussels after cross ing the English Channel in a high wind, accompanied by ram. HENDERSON, N. C., TUESDAY AFTERNOON, DECEMBER 10, 1935 Total Resources as of Nov ember 1 are $313,109,115 Increase of $52,971,723 NATIONAL BANKS IN STATE NOT LISTED If Their Figures Were Avail able from Federal Govern ment, Aggregate Resources Would be $360,000,000; Can Stand Any Credit De mands Made. Daily Dispatch lturcaii. In The Sir Walter llutel. Tty J, V. II ASK EH VIM. Raleigh, Dec. 10. —There is a con tinued upward trend in the banking business and in all business in North Carolina, as reflected in the last con solidated statement of the 263 State banks, according to Commissioner of Banks Gurney P. Hood, who today made public the results of the No vember 1 bank call, showing total re sources of these State banks as a mounting to $313,109,115, whieir is an increase of $52,971,723 over the total as shown in the consolidated state ment of October 14, 1934. These figures do not include statis tics from the 44 national banks in the State or for the 33 industrial banks, although the records for »nc indus trial banks are given separately. The most recant figures oil the resources of national banks are thosfc of June 29, 1935, But if the figures for the national banks were known, the total combined deposits of Stale and na tional banks as of November 1 would at least amount to $360,000,000 and the combined resources to at least $400,- 000,000, Commissioner Hood estimated. “If the resources of the State banks in North Carolina continue to in crease this coming year as they did last year, they should equal, if not exceed the all-time high of 1929, when the consolidated bank statement of that year showed resources of $341,- 182,163.” Commissioner Hood said. "I cannot understand how any of the banks or bankers can complain about business conditions in the State this year, since they are the best since 1929, and, to my way of thinking, get ting better all the time. The aggregate resources of the State hanks in North Carolina from 1929 to November 1, 195;>, arc as fol lows: 1929 $341,182,163 1930 313,529.774 1931 253,692,478 1932 207,701.291 1933 194,133.058 1935 26XU37.391 1935 313,109,115 The resources of the 33 industrial hanks in the State show an increase of more than $2,000,000, of which sl,- (Continued on Pace Five.) PROBLEM IS FACED IN 30,000 JOBLESS Counties, Cities and Even State Have no Funds For New Burdens. Daily Dispatch Knrenu, In The Sir Walter Hotel l!y J. C. BASKEIIVILL Raleigh, Dec. 10.—What are the va rious counties, cities and towns going to do with the 30,000 or more "un employables’’ and unemployed who have not yet been provided with WPA jobs who have now been cut off re lief? This question is not only worrying the officials of the cities, towns and counties, especially those which have no funds with which to provide for these people, formerly on relief and now faced with want and destitution but is worrying State officials and even those at the head of the Worl:s New Deal for Walker Seen in Farley Greeting JRHlifil * v aSk JIIL x- Is Milk >w , b Os possible political significance Is this meeting of Postmaster-General Farley and ex-Mavor Walker of New York at Lambs’ Gambol dinner in New York. It will be remembered that President Roosevelt then governor, was largely responsible for Walker’s resignation and "exile." The others in the srroun' from left to rigb-'* are Mr. and Mrs. Robert L. Hague. Mrs. Farley and Mrs. Walker. (Central Press) S. C. LEGISLATURE MOVES 10 HOLD UP GOVERNORS PLANS Four Resolutions Aimed at Blocking Action While Military Controls Highways. EXTRA SESSION OF ASSEMBLY STARTS Johnston Announces he Will Support $3 Auto License Bill; - §enate Moves to Thwart : Governor’s Pro gram and Passage of Meas ures Is Expected. Columbia. S. C., Dec. 10.—(AP) Four resolutions calling upon the leg islature to withhold action until Gov ernor Olin Johnston suspends military control of the State highway depart ment were introduced today at a spe cial legislative session the governor called to enact the highway adminis tration laws. Objection blocked the consideration of the measures until tomorrow, hut. the sponsors said they were confident they would be adopted despite the strong plea of the governor for quick action to set up a temporary highway administration and provide for pop lar election of a new commission next fall to succeed one ousted. A bill by the youthful Representa tive Mozingo, of Darlington, which the governor told the assembly he ad vocated, was introduced after his ad dress, with three others, to set up a h’ghway hoard. The governor said he was planning to support a 3 auto tag bill, involv ing reductions of 50 percent and more in present license fees, One was be ing prepared for presentation tomor row. The resolutions provided that the governor be urged to recognize the present highway executives, and in two instances called for audits of the department during the period of mili tary occupation of the commission. There was a prospect that Senate action might block joint legislation by the passage of somewhat similar resolutions there, regardless of the outcome in the House, with its larger proportion of Johnston adherents. Senators Nance, of Laurens, and (Continued on Page Two ) K shopping days until t Hoffman Denies lie Will Wage Vigorous Fight To Save Hauptmann’s Life New York Journal Says Jersey Governor Has Commit ted Himself to That End and Quotes Executive’s Wife as Being in Sympathy with Mrs. Hauptmann New York, Dec. 10 (AJ.») The New York Evening Journal said today that Governor Harold G. Hoffman of New Jersey has .definitely committed himself to a vigorous fight to save the life of Bruno Richard Hauptmann, convicted slayer of the Lindbergh ha hy. The Journal quoted “highest cources” for its, statement that the governor has definitely made up his mind about Bruilo that he will seek to snatch him frftm the shadow of the electric chair, evfcui in the teeth of a contrary vote by the hoard of pard ons. The disclosure, the Journal said, "threatened one of the greatest poli tical upheavals in New Jersey’s his tory.” “You can’t help being sorry for the inoccnt victim of such a tragedy as thcHaupt niann case,” the Journal quoted Mrs. Lily Hoffman, the gover nor’s wife, as saying. FRANCE’S PLIGHT IN ITALY’S FAVOR Fascist Regime Looms As Possibility if Crisis Comes in France. By LESLIE EKTIEL New York, Dec. 10—-The economic and political situation in France con tinues to favor Italy. France is find ing that sanctions i. c., boycott of trade with Italy is adding to its des perate financial plight. Furthermore, there is at present no stable government in France. The Socialists, the Communists and the Liberals are joined in a. battle to the death with (he Fascists, who under the title of the Croix-de-Feu, or Fiery Cross, are seeking to gain control of the government. The Laval cabinet sits perilously in between. The Croix-de-Feu is a war veterans’ organization which lias developed in to a highly emotional political move ment. (Indeed, the French situation sounds as if it were taken from Sin clair Lewis’ widely discussed new Jjook, “It. Can’t Happen Here,” which tells what could happen in the Unit ed States if Fascists gained control.) DEFLATION? Deflation, which the French monied interests demanded to save the coun try from an on rushing depression, and which the Laval government adopted, has not aided the nation. Hardships have been more intense. Thus, the French people (prover bially tight-fisted) now are beginning to demand some spending, as in Eng land and the United States. Economists, of course, are saying that neither spending (a form of in flation) nor deflation will aid per manently. They assert that only the resumption of free Interchange of trade among nations will keep wheels moving. It is to be noted that a large part 'Continued on para Five' PUBLISHED EVERY AFTERNOON EXCEPT SUNDAY. "Like any woman, I sympathize with his wife and little son. If as a. member of the hoard of pardons my husband felt justified in helping to save Hauptmann’s life, I realize what happiness it would bring to Mrs. Hauptmann and the baby. A poll of the jury that convicted the Bronx carpenter at his trial at Flemington, N. J., according to the Journal, ten of the jurors "vehiment ly reaffirmed” their • original verdict of guilty, and demanded his life as “immediate forfeit." GOVERNOR HOFFMAN DENIES NEW YORK PAPER’S REPORT Trenton, N. J., Dec. 10—(AP)—Gov ernor Harold G. Hoffman said today that any representations that lie had pledged himself to save Bruno Rich ard Hauptmann from the electric chair were "absolutely untrue.” “I have never expressed to any one" the governor said, “an opinion as to Hauptmann’s guilt or innocence.” LEVIESmACKEO Characterized as Regulatory Exaction Masquerading As a Tax Washington, Dee*, 10 (AP)—-The Supreme Court heard AAA. process ing levies denounced today as a "re gulatory exaction masquerading as a tax.” Former Senator George Wharton Pepper, Republican, Pennsylvania, counsel for the Hyosac Mills Corpora tion of Massachusetts, upbraided New (Continued on Page Two.) Wallace Declares Agriculture Is To «Benefit From Pact Chicago, Dec. 10. —(AP) —Secretary of Agriculture Henry A. Wallace of fered his “considered judgment” to day that American agriculture’s gains from the Canadian reciprocal trade treaty “so far outweighs losses that the net advantage to our agriculture as a whole is very much worth while.” He welcomed constructive criticism in an address prepared for delivery at the 17th annual American Farm Bureau Federation convention, but de clared “the other kind of attack— venomous kind-- is not inspired by any desire to help the farmers of this country. I believe that such unbridled assaults are inspired rather by the same interests which have fought every attempt by the farmers to gain economic fair play.” The agreement, he said, “attempts to undo the terrific damage done by the Smoot Hawley tariff act.” 8 PAGES TODAY FIVE CENTS COPY mill France and Japan to Block Elimination of Subma rines as an Instrument Os War. JAPANESE TO PRESS EQUALITY DEMANDS Only That Nation Fails To Greet With Enthusiasm American Proposal for 20 Percent Slash in Navies; No Progress Made Toward Meeting Jap Demands. London, Dec. 10 (AP)—Delegates of the world’s greatest, sea powers sited tneir frock coats and high hats today and settled down to real business In the international naval conference, beginning secret discussions in an at tempt to break their apparent dead lock . Informed sources expected the Brit ish to make (lie first, move toward an agreement to replace expiring Wash ington and London naval limitations treaties and to prevent a world naval construction race. If was believed (lie British either would give a more detailed state ment of their views or would present their full proposals for a definite re duction in sea armament. The reaction to the British sugges tions or plans probably will deter mine whether total tonnage of fleet submarine restrictions, limitation in tlie types and dizes of ships and guns or some other subject will be the first to receive consideration. Strong opposition by Japan and Prance was expected to make aboli tion of the submarine impossible, but every indication was that a separate agreement outlawing undcstricted sub marine warfare would be one of the first concrete accomplishments of the conference. Out of the formal opening of the conference yesterday and ensuing statements by the delegations, how ever, there emerged today no indica tion of progress toward meeting Ja pan's demands for parity, or equal ity. with the United States and Great Britain in total fleet tonnage—-the vital question confronting the confer ence. A favorable reception, surprisingly so to informed naval sources, camo from all quarters except the Japa* nose to the American proposal for a twenty percent reduction in navies. New Moves For African Peace Seen Hard Bayonet Fight i n g on Northern Front in Ethiopia is Reported to Rome. (By The Associated I’ress) Armies oT Italy and Ethiopia en gaged in desultory fighting today, while the possibility cropped up of another gesture by the League of Na tions toward peace as a concession to Premier Mussolini. Both at Geneva and Paris it was in dicated the 'scheduled meeting of the Beague sanctions committee of 18. called for Thursday to discuss an oil embargo against Italy, would ba post poqed. Fcace efforts at Paris, however, given a. philip by the conversations between Premier Pierre Laval and Sir Samuel Hoare, the British for eign secretary, appeared to be stale mated temporarily by modifications. At the war front hard bayonet fight ing was reported to Rome by Italy’s northern forces. War correspondents advised their publications in the Ita lian Capital that both Marshal Bag 'dolio and General Graziani, com manders on the northern and south ern fronts, foresaw possibilities of more serious fighting soon. The Ethiopian government announc ed Ras Seyoum’s armies on the north ern front won two engagements last week, scattering Italian encampments at Kalhabile December 2, and at Man ager the next day. WEATHER FOB NORTH CAROLINA. Light rain or snow over north and west portions; colder tonight; Wednesday fair, somewliat colder.