Henderson daily dispatch., December 27, 1935, 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

                
HINUERiON
i i A l EVTAV TO
CENTRAL
('AliO UN A
WKNTV-SECONI) YEAR
SLIGHT RELIEF FROM GOLD 1$ PROMISED
HO£Y EXPECTED 10
TAKE ON SPEED AS
CAMPAIGN STARTS
Keen Observers Say Ho Al
ready Has More Poten
tial Strength Than
Any Others.
efffxtive work is
done very quietly
Shelby Gubernatorial Can
didate Has Been Keeping
Mails Hot From His Home
Quarters; County Organ
izations Will Work Hard
For His Success.
liiril> 11 1 > jiii io l« M,
111 >ir \\ allvr Mutvl,
lit .1, i , iHtlv I'll \ 11.1.
K i tj’l>. D* I!T- Clyde K. lioey, of
:ih i ;idy hits more potential
• i .;’h than any of the other cnndl
. |,,t- (he Democratic nomination
\ • tioi and will he the one ean
tll of the other candidates
/ io defeat, it they ran defeat
n, (in* opinion of many of the
, ,■ conservative and careful poli-
I ~|i •• rVej's here. For while Hoey
■ net heen doing mueh visible eam
, , i, vet |>e ha.' been carrying
i 1 '
, aitivr hut (|ui‘*t <vimp?n;;u
hi law office in Shelltv for many
~ |.,.| w . according to reports reaching
. 'Phe v same reports also indi
, tp.it ibis <|iiiet, benefith-the-sur
. campaigning has accomplished
.a. at deal more for him than sum *
mote spectacular campaigning
■ has heen indulged in by some of
• other candidates.
Wipum! any noise or ostentation.
;«... .. I,;, already succeeded in build
• uo an excellent organization in
iii counties in tin* Ft,ate.
, )V , ,o ,ii tdy waiting and ready
~ u ■ i ,0,011 when the time comes
; •, those who have been fol
ciivilies of Hoey and his
It is pointed out that
•| v 1 tic. leaders in the various
, ■. n,.t forgotten the help
inee which Hoey has been
:n for tlie past 25 years or
a.atnitierl on Pace Four.)
Professors
Argue Over
Court Rule
I I 11 ! i, i. (la. Dec, 27 ( AIM - I'rofes
of science clashed at a
'.Mi. ,| conference hero today ovet
;■ i, : a| court activities, which Prof.
('•;,'. i;;„vr Haines described as re
• 'id im; government functions
■alough a "dog in the manger” policy,
"Tin policy,” contended Haines, ‘is
•i *in , -no man’s land’, or 'sphere
■ f anai'-hy' In which large, corpora
-1 n, ,itd monopolies can roam tin*
di. ttirbed ”
lb advocated calling a national con
•,* i. 111 |of revision of tho Const it il
ia, "t u .accord with the life of the
I the meantime, he said, steps
UmiLinued on Puae pour.)
State Pays
§6,1167,700
Oil its Debt
Checks Written Anil
Sent to New ’I ork to
Retire Outstanding
Obligations.
■ >;••!> |li>|iiili'li lllirriiti,
in i si, wiillcr llolrl,
»:> .1. «/, itIsM.HMU.
'UaletgU. Dec, 27 The State of
North Carolina has not only not had
to borrow a. much as a dime during
lh< la: l three years, but has heen
paying off ii debts - almost entirely
highway bond, and interest fit the
t.V' of approximately $1,000,000 a.
uioatl' ii wa; pointed out here today
b> !' Treasurer Charles M. John
-o|i. II ha already made out and
maihil cn,<;h. f./r $6,867,700 which
will p.i\ the interest, and principal due
w.. <C'.zt!nu«l 03 Pecs Fcui.)
HntiUn'smt iOatUt Dispatch
, Ti‘n- I 'wc Vl . UK SERVICE Ol
14 ASSOCIATED press.
Ten Percent Business Gain
In 1936, Genuine Prosperity
By 19371 s Babson Forecast
Sees Rising Tide
For Business
gsMai * HH!
IPf-t' .JIl i 4m
HOC;Fit \V. BABSON
Morgan To
Testify A t
War Probe
Washington. Dec. 27. (AIM--J. T\
Morgan and Thomas W. Lament, par
tners in Morgan Sc Company, will to
the first witnesses called by the Sen
ate Munitions Committee January 7
in its investigation of whether loans
to the Allies helped lead America into
the World War.
This was announced today as com
mittee members laid plans for hear
ings on which they will base their
drive for broader neutrality legisla
tion.
At the same time, committee in
vestigators made public a memoran
dum by two members of the commit
tee, Clark. Democrat, Mississippi, and
Nye, Republican, North Dakota, re
viewing the part played by war-time
Secre-tary of State Robert Lansinfc, in
advocating that the government per
mit the Allies to borrow money in
thD country for continued war pur
chases before the United States en
tered tin* conflict.
Repeatedly Nye and other members
of th*' committee have said such loans
helped swerve this country from its
neutrality path.
It is argued that, after the loans
were made, the United States lmd a
vested interest in the Allied cause.
Morgan A: Company, fiscal agents
for England during the war, has em
phatically denied it played any part
in inducing the United States to enter
the conflict.
Six Dead After
Drinking Poison
1 aquor in North
Aliqilieppa, Pa., Dec. 27. —*(AT)
—Six persons are dead after sup
posedly drinking liquor from a.
15-gallon container which police
chemists studied, today for traces
of poison.
Im esti gators said the liquor
was drunk in Christmas toasts.
The victims, two women and four
men, Imsl within a four-block
area.
SUSPECTED VICTIM
OF CONVICT FOUND
Unite. Montana, Dec. 27. (AD)
Unite police announced today the
finding of the body of Floyd Woods,
11. ranch care-taker, who was believ
ed to have been the fourth victim of
William Henry Knight, ex-convict.
Dosses scouring a wide area in the
hunt for Knight throughout south
western Montana, reported to police
headquarters here this morning that
the body of Woods was located on a
sand bank on the Madison river near
Funis, about 80 miles southwest of
here.
for NORTH CAROLINA.
Fair tonight; Saturday Increas
ing cloudiness; possibly snow or
rain by night and in extreme west
portion in after
UNI.V DAILY NEWSPAPER PUBLISHED IN THIS SECTION OF NORTH CAROLINA AND VIRGINIA
Elections Will Not H alt Recovery; Year
A ill See Building Boom Begun;
Best Sales in Fix e Years.
HIGHLIGHTS OF BABSON’S 1936 OUTLOOK
UI .'SINK'S: Ten Per Cent (.Sain For Year
ELECT IONS: No Obstacle To Recovery
BUILDING-: Beginning Os Boom
LABOR: More “Help Wanted" Signs
STOCKS: Bull Market Not Ov-c
FARIVt PKJIUS: Sjh.il ty But Total Income Higher
REAL ESTATE: Active Year—Rents Higher
BUDGET: Two Billion Dollar Deficit
RUND.S.- 11 igh-<«railes At Ceiling
RETAIL TRADE: Rest. Sales In Five Years
ADVERTISING: Most Profitable In Years
LIVING COSTS: Mild Rise—Food Bills Down
SUMMARY: Prosperity by 1937
NOTE —This article is copy
righted by Publishers Financial
Bureau, lne., of llabsou Park.
.Mass., and any reproduction, in
whole or in part, is expressly for
bidden without permission from
tlie copyright holders.
BY ROGER W. BABSON.
Babson Park, Fla., Dec. 27.—1 am
bullish on business for 1936. Not on
any year-end since the late twenties
have I felt surer than I do today
that plans could be laid on the basis
of better business during the coming
twelve months. Regardless of the
elections, the tide of business is run
ning in and nothing can stop it. When
we cheek up on this forecast, next.
December, I am convinced that we
shall find satisfactory gains in jobs,
wages, sales and advertising, stocks,
farm income, earnings and dividends.
Ten Per Cent Gain
This, of ,course, would be but a. con
tinuation of the current trend. Busi
ness has been moving steadily for
ward during most of this year—the
page quickening as the holidays ap
proached. The immediate outlook is
satisfactory and 1 forecast, about an
eight per cent gain for the first, half
of 1936 over the same period of 1935.
The second half depends on pro
gress in the automobile and building
industries. Hence, the closing months
NORRIS 10 OFFER
NEW POWER PLAN
Would Create in Mississippi
Valley New and Vaster
TV A Set-Up.
Washington. Dee. 27. —(AP)—‘Sena-
tor Norris. Republican, Nebraska,
father of the Tennessee Valley Au
thority act. and other new departures
in government, will soon offer Con
gress a proposal vaster than all the
rest.
He said today he wuold introduce
at the coming session a bill for .>
Mississippi Valley Authority—along
tii*' lines of the. TVA.
It would embrace considerably
(Continued on Page Five)
Late Buying Rush
Boosts Profits Os
Retail Merchants
New York, Dec. 27 (Al*) —An
unexpected rush of late Christ
man buying, aided by the cold
wave, helped the majority of re
tailers to end the most, satisfac
tory holiday season in five years
Dun and Bradstreet, Incorporated
said today.
“From a week earlier volume
expanded ten to 30 per cent, while
tlie comparative 1934 total was
exceeded by an estimated range of
12 to 25 per cent,” the survey said.
“The distribution of bonuses
double salary cheeks, unexpected
bank pay-offs, and the heaviest
holiday travel in years brought
a freedom of Christmas spending
that has been unmatched since
1930.”
“Individual purchases were
larger this season, charge ac
counts were used more generously
ami cash sides Increased.
“Although production for tho
current year was the largest since
1930, manufacturers of farm equip
meat plan to advance schedules
fully 25 per cent for the opening
quarter of *■**. i,,v
HENDERSON, N. C., FRIDAY AFTERNOON, DECEMBER 27, 1935.
may register spectacular gains or
they may 1 c only moderately better
than the tail-end of this year. For
the entire twelve months, my forecast
is an average increase of IQ per cent,
, over 1935. So by next Christmas gen
eral business, as measured by the
Bab.soncha.rt, should be hugging the 1
"XY" normal line and heading into
another period of prosperity.
My optimism is based largely on
j the beginning of a boom in tne heavy
industries next year. Up through mid
-3935. our recovery was due principally
. to revival in the consumer goods and
motor industries. These lines alone
1 were able to push total business just
;so far and no farther. Additional j
gains waited on Hi'* slow-starting, but I
potent, durable goods industries as j
i ('presented bv building. It j s bero!
that, the unemployment problem has!
; been most, severe. Beginning last suni
-1 met* obsolescence and depreciation, ■
| low interest rates, rising rents, stab
ilizing real estate values and rcturn
j in g confidence finally started the
i building ball rolling. Tt will gain
; momentum in the months to come
i and it will be the strongest force
i working toward prosperity in the
j New Year.
Election No Obstacle
Many people—-even those who share
i m:# optimism concerning the heavy
! industries—are worried over the ef
fContinued on Page Two.)
URUGUAY CUTS OFF
RUSSIAN RELATIONS
Fear of Spreading Commun
ist Doctrine Motivates
New Moves.
Montevideo. Uruguay, Doc. 27 <AI J > !
-The republic of Uruguay today
broke relations with Soviet Russia. "
The Uruguayan foreign office hand
; dl his passports to Alexander Man
j Fin. /he Russian minister. It also
! gave passports to the other members
j of the Russian Legation.
: The action was regarded as part of
j strong precautionary measures against
; rumors of an armed rebellion inspir
i cd by communist sources,
; Uic./uay had been the only South
' American nation to recognize the gov
(.foment at Moscow.
The break was largely a ramifica- j
| tion of the communist uprisings in
Brazil, Uruguay’s neighbor, last
j month. A Brazilian government cora-
I munieation charged that instructions
; to leaders of the abortive November
j rebellion were dispatched from Mon
jtevideo.
Raids and troop movements accom
panied the Uruguayan government's
activities in the face of reports of an
imminent, insurrection within its own
! borders, but nothing was found imme
| diately to conform the rumors. ,
hirst Payments
For 1935 Cotton
Set For Jan’y 15
Washington. Dec. 27 (ATI-
First payments to farmers under
the 1935 eotton subsidy are ex
peeled to be made on January 15.
The AAA will pay to adjustment
contract signers the difference
between 12 cents a pound and tho
average market price on tlie day
' of sale, provided the difference is
not more than two cents.
Technical reasons, officials said,
prevented the mailing of the ini
tial checks December 15 from re
! (fjni)n l offices !
ANTHONY EDEN RIDES HIGH AT 38
Y* ji JW
Great Britain’s new foreign secretary, Anthony Eden, at 38, is re
garded in diplomatic circles as one <»r the world* outstandin" inter
national negotiators. The youthful foreign *ci ■ i-iry'i career has
been meteoric. He is the youngest I’.riii h foreign ecretary sine*
the Karl of GranvilV h Id the po.-ition in 1 >i at tin* age of 36.
Laval Ready To Oppose
New Sanctions On Italy
French Premier Wants To
Run no Risk of African
War Spreading Into
Europe.
STATESMAN FIGHTS
FOR HIS MINISTRY
Backstopped by Herriot,
Premier Hears Leftist De
mand That He Follow Sir
Samuel Hoare “Into Obli
vion” for Writing Recent
Peace Terms.
(By the Associated I* res.-:.)
Premier Pierre T.aval, pleading for
the life of his French government, in
dicated today he would oppose new
sanctions against Italy which “might
run the risk of spreading" the Italo-
Etliiopian war to Europe.
In the face of a stormy leftist, de
mand that he follow Sir Samuel
Hoare. the former foreign secretary
of Great Britain, “into oblivion,” be
cause he helped Sir Samuel write the
discarded Anglo-French peace propo
sals. Laval told his Chamber of De
puties he had been told Premier Mus
solini would consider oil sanctions
I "an act implying war."
Laval, backstopped by Minister of
State Edouard 1 let riot, faced the
French Chamber of Deputies to ex
plain the part he played in writing
the rejected proposals to end the
ItaJo-Ethiopian war
While the politicians on both sides
argued the potential merits of the
(Continued on Page Five.)
Sensation
Breaks In
Todd Case
Los Angeles, Cal., Dec. 27 (AP)—-A
sensational but unverified report that
a man figuring in the Thelma Todd
death Inquiry beat the actress seve
rely a few days before she was found
; dead of monoxide poisoning Decem
ber 16 gave a startling turn to the
grand jury investigation today.
Particular significance was placed
! on the report by Captain Jess Winn,
; of the district attorney's office, be
'Cnn fi nVi or! r>n Pog;p F?vr>'
* »
PUBLISHED EVERY AFTERNOON
EXCEPT SUNDAY.
ch sSg
Government Unable to Sup
press Anti-Japanese Feel
ing in Shanghai.
Shanghai, Doe. 27.—(AT)—Two
thousand Chinese, students “halt
ed” their advance on Nanking in
a commandeered train when they
were 80 miles from their goal to
day.
Shanghai, Dec. 27. —(AT) —Chinese
student agitation against. Japanese
aggression and amonomous move
ments mounted today, overriding the
quickened repressive activities of the
central government.
One bund of students, its number
swollen to 2,000 by demonstrations
along railway points, persisted In its
efforts to enter the Nanking capital
on a commandeered train, despite the
government's dispatch of 500 troops
to block way, and request that
| the drive be halted,
j Railway communications through
j out Honan province were cast Into
j confusion when another student body
| rushed railroad stations in Kaifeng
((’outlnued on Pug<* Five)
; Missionaries in
China Accused of
Backing Students
Tokyo, Dec. 27 (AT) —A govern
ment spokesman said today Jap
anese consular reports reaching
the foreign office charged that
missionary schools under Ameri
can and British influence were
taking a leading part in the pre
sent Chinese student agitation
against Japan.
This was a noteworthy feature
of the current wave of anti-Japa
nism in China, the spokesman as
serted. because mission schools
had remained passive in previous
student agitation.
Tlie spokesman declined to
name the schools allegedly involv
ed. hut Japanese press dispatches
from China charged that an un
named American official of Tea
ching University, Peiping, was a
prominent instigaton.
Tin* spokesman also declined to
! discuss any possible Japanese gov
ernment. action <>' l ' the jhn.rgeS
O PAGES
OTODAY
FIVE CENTS COPY
RAIN AND SNOW IN
LIKELY TOMORROW
New Snow Carpet From
Northwest Bringing Mod*
j eration for Frost-Bitten
Nation.
| ANOTHER DEATH IN
STATE IS LEARNED
! Negro Freezes From Expos*
| ure at Edenton; Weather
Deaths Mount to 207 in
Two Days in Country as
Whole; Only Four States
Escape Shivers.
(By Tiie Associated Press)
; Weather forecasts today carried S
promise of some relief for the Caro
lina;, in the next 24 hours from the
past week’s cold wave*
The Weather Bureau reported the
outlook was for moderating tem-
I peratures tomorrow, but at the same
time said theve was the possibility of
rain and snow for North Carolina*
Ivow temperatures for tomorrow
were expected to be about the same,
| however, as for this morning.
Discovery of the frozen body of an
aged Negro at Edenton brought the
total of known exposed deaths in
North Carolina to six. Nine other
deaths were attributed indirectly to
tlic cold, with four lives claimed by
exploding stoves and heating systems,
I and five by automobile accidents.
M W SNOW CARPET FROM
N OItTIIW EKT COMFORTING
Chicago, Dec. 27 (AP)—A new snow
carpet rolled out of the Northwest to~
I day, carrying warm weather for a
frost-bitten nation.
It was due to whiten the same path
in which zero chill dealt death direct
ly or indirectly to at least 207 persons
in tin: last two days.
! All but four states—-Washington,
California and Nevada—shiv
| cred under freezing temperatures
(Continued on Pane Five.)
. __ .
100 Passengers of
Stranded Russian
Ship Take to Ice
Vladivostok, Rusln, Dec. 27 (AP)
—One hundred passengers have
I abandoned the stranded Soviet,
steamer Lozovski and are trek
king across eight miles of ice to
the shore of the Okhotska Sea, It
i was Imrncd today.
The Lozovski, a 2,000-ton freight
or ami passenger vessel, was
caught in the ice while enroute to
Vladivostok from Sakhalin Jh~
layd, and reported that the ice
pressure threatened to crush its
hull.
Some members of the crew were
detailed as guides for the pas
-1 Kongers seeking to reach the shore
and others set up tents on the Ice
beside the steamer to await help.
Reports from shore points said
~ several groups of passengers suc
ceeded In reaching land after a.
long, arduous tramp, but that the
majority were still on the ice.
j '
Ethiopians
Offer Plans
! To End War
.
Five-Point Program
Most All in Favor of
Ethiopian Interests,
However.
i *
! Addis Ababa, Dec. 27. —(AP)— Re
liable sources disclosed today the
Ethiopian delegation to the League of
Nations has been authorized to dis
cuss peace.
The basis on which the delegation
was authorized to talk of a settlement
of the Italo-Ethiopian war, was eaid
to be a program involving the fol
lowing five points:
1. Withdrawal of Italian troope
j from Ethiopia.
2. Recognition of Ethiopia’s sovere
| ignty.
3. Payment of an indemnity by
! Italy.
4. Elimination of the boundaries be
(Coctiiiued on P j, "o