davidaulloa/AmericanStories huggingface dataset:
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-04-20
Senate Drifts to
Its Noon Meeting
Schedule Again
The Times News Bureau
O.. tN,1, Natal

RALEIGH. April 20.--The SEN
ate. with little more to do than
twiddlc its collective thumb while
the house struggles with the r6ve-
nue. bill. is having an easy time
this week. and has drifted back
into the old custom OF noon, SEES
Sions, permitting some Of the
members to catch up on thcir
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-04-20
EDNEYVHLE

EDNEYVULE. April 2O.-Mr.
and Mrs. James X. League and
Mrs. W. K. Dawson, of Augusta,
Ga. spent Easter at their sum
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-06-01
IN
PLEA AGAINST
CASTE VIEWS
Pride of Profession Neces.
sary to Making of a
Good Officer
is HINDRANCE, SAYS,
IF PUSHED TOO FAR

ANNAPOLIS, June l.-(UP)-
An appeal that they break down
the traditional barriers of profess
siOnal caste and look eye to eye
with the nation on its vital prob
lems was delivered to the gradu-
ating class at the Naval Academy
today by President Roosevelt.
Esprit de corps pride of the pro-
fession is as delightful and i'm
perative an element in the making
of a good officer as it is in the
making of a good professional or
business man, but when it is car
ried to the point of assuming that
only the holder of an Annapolis
commission or diploma or the
possesSor of a college degree is a
valid member of the ariStocracy of
life, it becomes u hindrance in
stead of a help to your fellow
citizens. $50 | ask you to avoid an
exclusive relationship to your own
clan-to the clan of the navy or
some other special government
service or elan of your profession
or of your civil life.
"This barrier of caste exists not
alone in your own class or pro-
fession-but in the average run
of folks-the folks you would
have known, liked and would have
affiliated with had you not been
chosen to enter and graduate from
Il highly specialized institution of
higher learning
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-06-01
Il FUCITIVES
ARE At LARGE.
Run Gauntlet in Ba d
Lands; Search Today
Is Futile

MIAMI, Okla, June 1.-(UP).
Posses searching for II fugitives
from Kansas safe penitentiary
cOmbed known hideoutS in Usage
badlands without results today.
Eleven escaped convictS ran a
gauntlet of police and volunteer
poSsemen last night. seeking the
shelter of the Ozark badlands.
One man had been killed, two
wounded, seven persons kidnapped
and dozens of robberies commit
ted since the convicts escaped
from the state prison at Lansing,
Kas.. during q Memorial Day
baseball game.
Trap after trap had failed to-
day to catch the outlaws and they
were reported to have been seen
at widely scattered points appar-
emily heading for the hills where
they might elude capture for
years. Peace officers were re-en-
forced by posses of armed cow
boys and aroused citizens.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-06-01
French Chamber
Takes a Recess
No Early Prospect Of Pay
ing Debts to U. S.

PARIS, June 1.-CUP).-The
chamber of deputies adjourned
until June 8 after passage of a
budget indicating there is no
early prospect Of France paying
her war debt installments.
The government of Premier
Edouard Daladier survived a par
liamentary crisis in the chamber
of deputies last night during de-
bate on the oil monopoly ques-
ton.
Daladier, who has fought for Il
compromise on the monopoly
question, posed the question of
confidence in his regime and was
accorded a favorable vote of 359
to 203.
The Daladier compromise calls
for the appointment of a commits
sion to study the features of the
monopoly question.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-06-01
DELECAT ION
TO ECONOMIC
FARLEY SAILS
Hull and Associates Have
Task Much Like Wilson's
Is Years Ago
PREPARATIONS FOR
MEETING ELABORATE
By JOSEPH H. BAIRD

by JOOLk II II. Df1iINb
United Press Staff Correspondent
ABOARD IS PRESIDENT ROO
EVELT. June l.-(UP). THE
American delegation to the world
economic conference departed for
London yesterday with high hopes
of shaping order and prosperity
from the chaos into which the
worlds trade and money has
fallen.
Secretary Of State Hull chair
man, and his colleagues sailed
from New York at > p. m. after
4 fast journey by rail from Wash
ington.
Stacked away in bullying brief
cases in the cabins Of delegates
was store Of economic data,
gathered painstakingly over many
months. This was the ammunition
with which the delegation plans to
attack its three-point objective:
l. To Stabalize the worlds
.curencies so that the dollar,
pound. franc and other units will
have Il constant value in terms Of
each other. BY so doing. the
American buyer or seller Of
merchandise abroad may be re-
lieved of the uncertainty Of
whether he will lose or gain money
on long-term transactions due to
sharply fluctuating currencies.
=. To lower tariff barriers,
thus permitting goods to flow more
freely from one country to an
other with a gain in world trade
and shipping.
,. To raise prices throughout
the world, so the producer may
make a profit, pay his debts and
buy goods from others.
The delegation expects to ar
rive in London June 8 four days
before the gathering Of more than
50 nations there for a frontal at
tack on the depression.
With Hull and his four col
leagues of the delegation were a
group Of eXperts-"the stage
hands of diplomacy"-whose spe-
cialized knowledge of finance, tar
ifs, and trade will be summoned
to solve the intricate problems
arising at London. They have
spent many weeks at the state de-
partment in Washington prepar-
mo for their work.
Further preparation for the
task at London will be made by
the delegates and advisors in con-
Continued on page A.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-06-01
URGES
Arms ACTION
More Disarmament Less
"Procedure' Ameri-
cans Stand

GENEVA, June 1.-(UP).-
Norman H. Davis appealed to the
disarmament conference today for
more disarmament and less pro
cedure", on behalf Of the United
States.
Overriding objections by the
United States, the preliminary
arms conference yesterday pro-
ceeded with plans to adjourn dur
ing the world economic conference,
opening at London June ~.
The steering committee of the
general commission of the con-
ference decided to adjourn the
preliminary sessions after the first
reading of a draft convention.
The committee would adjourn
June 10, or thereabouts, until June
27, giving Arthur Henderson,
British chairman Of the general
commission, the power to extend
this adjournment another three
weeks.
The United States had opposed
any adjournment until draft of an
arms limitation treaty had been
agreed upon.
The steering committee decided
to ask that the general commission
recommend the British draft of
such an arms convention as the
basis for a world arms conference
discussion on final arms pact.
This committee would remain in
Geneva in an attempt to rewrite
the British convention while the
commission was adjourned, and
negotiate a settlement of numer-
Gus problems yet unsolved. ~
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-06-01

NEW YORK, June 1.-(UP).
Destruction of treaties must be
forbidden by the League of Ma
lions if the league is to function
adequately. Viscount Kikujiro
Ishii, chief of the Japanese dele
CATION to the world economic con-
ference said in an address yester-
day.
Viscount Ishii spoke first at a
luncheon given in his honor by
Japanese Consul General Herin-
ought. In another speech last
night before the Japan Society of
New York, the former ambas,,
sador stressed the traditional
friendship between his country
and the United States and paid
tribute to President Roosevelt.
The league, Viscount Ishii said,
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-06-01
Naming Of Hoover
At Morgan Probe
Said Outrageous

NEW YORK, June 1.-(UP).
Appearance of Herbert HoOvers
name in the Morgan inquiry at
Washington was characterized as
Outrageous" yesterday by Ed
gar Richard, reDuted business
representative of the former
president.
Conformation from Washing
tom" Richard said, Estates that I
had Z participation in the United
corporation. This is true. My
participation was entirely a per-
Sonal matter of my own, and it is
outrageous to attempt to capital
ize my association with Mr.. Hoo
yer to drag his name into this
matter"
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-06-01
GENERAL KING
ENDS SERVICE
Official Ceremony Entire,
ly Lacking as Profess
sionaL Career Closes

FORT BENNING, Ga, June l.
(UP).-With no official parade
and no ceremony whatever, Ma
jor-General Campbell King, COM
mandant of the infantry school
at Fort Benning, babe farewell
to the members of his staff late
yesterday prior to his retirement
from active military life at mid
night last night.
Closing the desk from which,
for over four years, he has con-
Urolled the activities of the worlds
largest school of arms, General
King told his staff he did not
want to interfere with the duties
of the camp, where thousands of
civilian conservation corps men
are assembled now.
1t was believed to be the first
time that a U. S. Army general
had retired from active duty
without a ceremony of some ma
ture.
General King left Fort Benning
early today by automobile for his
home near Charleston. S. C.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-06-01
STATE DRIVER
LICENSE URGED
Lieut.. Beck Tells Kiwanis
= Ii Is Principal Hope
to Cut Accidents

A statewide drivers license is
perhaps the only legislative meas
ure that could be employed to re-
duce materially the number of
traffic accidents in North Caro-
lima. Lieutenant r. H. Beck of
Marion, divisional head of the
state highway patrol, told the
Kiwanis club in an address Thurs
day at the Skyland hotel.
"In cases of conviction for
reckless driving, the judge must
now suspend the drivers right to
drive a car for at least 30 days,
but he can with comparative safe
ty from re-arrest go to another
county and again drive a car"
Lieutenant Beck said. Under a
drivers license law. his card
would be taken up and he could
not obtain another for use any
where until the period of his sus-
pension had ended"
The program was under the .di-
rection of Edw. R. Sutherland,
chairman of the public affairs
committee, who cited North Caro-
lima figures showing that of 303
automobile accidents in March,
25 female drivers and 303 male
drivers were involved.
"You can't kid the women for
being careless" he said.
II. R. Frymoyer, state patrol
CONTINUED on page four)
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-06-01
EARLY SIGNING OF 4-POWER
TREATY STILL ANTICIPATED
WITH NEW REVISION CLAUSE

ment to be based on the British
arms reimbursement scheme.
All the other nations in the
big Four" have agreed to the
treaty revision clause. and France
was expected to come around to
their point of view, with possible
reservations. The clause would
only be effective through the
League of Nations, under the new
draft, a gesture designed to APP
pease Paris.
Plans for initiating the four
power pact in Rome today pro-
ceeded. despite disquieting news
from Paris.
The soreign affairs board in
the chamber of deputies in Paris
was said in Paris dispatches Eto
have voiced renewed hostility to
Continued on page ~
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-06-01
SENATORS HEAR REDUCTION
COMPENSATION Will RESULT
IN MANY VETERANS DEATHS
Angry Debate Boils Over
and Johnson of Califor-
MIA, Pours Wrath Upon
Veterans Administration

WASHINGTON, June l.-(UP)
Death stands on the doorstep Of
many veterans whose cOmpensa-
tons were reduced by President
RoOSeVelt'S economy act, it was
charged in the senate yesterday,
as angry debate boiled over the
independent offices appropriation
bill.
The measure carries q $780,
000,0l0 appropriation for veter-
ans compensation, figure which
is about one half of what the eX-
service men were allowed before
President Roosevelt and budget
director Douglas began looping ex-
penditurcs off Of the federal bud
get.
In the van of yesterdays rally
against the administration was
Senator Johnson. Repn., Calf, a
progressive who bolted the Re-
publican ranks last fall to support
Mr.. Roosevelt's candidacy for pres
ident. He eXonerated the president
of personal responsibility for what
ne called the iniusticeS to veter-
ans, but he poured out wrath
against the veterans bureau in the
most angry speech he has made
since he led the fight against
!. America's entrance into the Lea
que of Nations.
"A wrong has been done to
many of these men and you know
it," Johnson shouted to The senate,
ibis face Redeemed with rage. Lets
right this wrong before the re-
imaining nine days of the session
iof Congress end. If not, we will
know that after July l we have
killed many of these men.
81 make this protest because |
have received mail such as | never
want to read again in my life. A
law consists Of words and phrases
and clauses, but when it comes to
Interpretation it must be read with
a heart. And that has been the
trouble with this measure. There
has been no heart in the reading
of it"
The attack-joined by such
Staunch administration supporters
as Senator McAdoO, Dem, Calf
came at a time when the White
House had just announced it would
appoint an Independent commits
sion to study The veterans cases
and make adjustments where clear
instances of injustice were found.
McAdoO said the reason he vot-
ed for immediate payment of the
soldiers bonus when it was brought
up and defeated in the Senate re-
Gently was that he was trying to
Continued on page six)
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-06-01
JAP GOOD WILL ENVOY SAYS
HE FINDS MUCH in COMMON
FOR STRONGER FRIENDSHIP

must forbid treaty breaking just
as the league covenant forbids
military aggression. Japan with
drew from the league over the
Sino-Japanese dispute over Man
churia.
The economic boycott, such as
that directed against Japan by
China, should be branded as an
act Of economic aggression and
punished as such. he said.
He pointed out that the league
covenant does not prevent nations
from breaking their treaties, tho
it provides for punishment OF
military aggression.
Destruction of treaties, in Wis
count Ishii's opinion, should be
outlawed by the Kellogg pact.
Continued on page A. %
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-06-01
IMPROVEMENT.
IN some MAJOR.
LINES BROAD.
Stock Turnover Exceeded
Only Five Times
in History
RAILWAY EARNINGS
DECLINE is HALTED
BY MAX BUCKINGHAM
United Press Financial Writer
Copyright 1898 by United PresS)


Copyright 1898 by United PresS)
NEW YORK, June I.-rUP).-
American business swung forward
steadily As May books were closed
yesterday.
There was nationwide improve
ment in some major industries,
such as the steel trade, to the
point. Where operations may be
profitable for the first tm1e in two
or three years.
As business stepped up. interest
in commodity and security markets
increased. The New York stock
exchange for the month of May
had the greatest trading activity
since April, 1890, and the months
business was exceeded by only ,
months in history. In all there
wereIO4,213.954 shares exchanged
in sessions which saw trading at q
maximum Of more than 1000
shares and the new high speed
tickerS operating well behind the
markets.
On the basis of an average price
ranging between $40 and S25 per
share. the months business on the
exchange totaled more than 3d.
OOO,OOO,OOO. Of this stock brokers
gained more than S26,000,000 in
commissions. This increased bust
ness was indicated in bonuses to
cmployeeS-twO stock exchange
houses today declaring bonuses
and additional employment. ESIi-
mates were made that employment
in "thc Street was the highest
yesterday Of any day in more than
two years.
Other markets enjoyed boom
days rs business improvement
Joined with speculative fever.
Wednesdays list Of business i'm
provements included:
All nOn-ferrOuS metals advanced
in the spot market. Lead prices adj
vanced % points TO 40 cents per
pound. Zinc prices advanced to
49, TO 40 cents per pound east
st. Louis as against Ais to APO
cents per pound Monday. Wire
companies advanced prices on
bars and waterproof wire by Is
cent per pound and on magnet wire
ii cent per pound.
The United Press index on cash
prices for 80 commodities advanc-
ed to 4 new high for the year az
9I.79, which is approximately 80
per cent greater than the level or
March 3, the day preceding the
bank holiday.
Steel output odvanced TO more
than 40 pc: cent-the figure at
which many companies can operate
at a profit. Iron age estimated the
output at Al per cent and said
May bookings for several COM
panieS were greater than any
month since 1880 with tin-plate
production at 90 per cent. Wages
may increase. American metal
market estimated ingOt production
at ~ per cent of capacity.
The Worth Street New York;
cotton market showed tremendous
activity with many traders refuS-
ing quotations.
r. Fl Macy and company, New
York department store, reported
that June merchandise purchases
will be $1,OOO,000 greater than
any month since June, 1928, and
the company will use 10 per cent
more daily newspaper advertising
Continued on page fOur)
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-06-01
AVERY ORR IS
LAID TO REST.
Brother of City Police Of
ficer Passes Away at
Oteen Hospital

Avery Orr. age about 50. died
at the government hospital at
Oteen yesterday. The deceased
was a disabled World war vet
eran. The funeral is to be in
charge of J. NJ. Stepp & Son and
was being held at Pacolet, S. c.,
this afternoon at 3 o'clock.
A group of ex-service men and
several city officials from here
were in attendance.
The deceased is survived by
son, Billy. about two years of
age; also one brother, Everette
Orr. a member of the local police
force: two sisters, Mrs. Arthur
Station and Mrs. Lille Morris,
both Of the Tracey Grove section.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-06-01
Find Two Bombs
In Mukden Today
One Aimed at Jap Good
Will" Mission

MUKDEN. Manchuria, June 1.
(UP). - Two crudely-fashioned
bombs exploded on the grounds
of the British consulate here and
another bomb was found at the
railroad station. apparently timed
to explode on the arrival of the
Japanese good wilP' mission.
PEIPING, June 1.--(UP).---
An armistice between the Chi
nese and japanese forces design
ed to restore peace in China and
halt the invading japanese armies
outside Peiping and Tientsin was
signed Wednesday at the meeting
of representatives of the Chinese
and japanese military high COM
mand and civil authorities at
Tangku.
The terms Of the armistice were
understood to include:
1.-The Chinese agree to the
establishment Of a neutral, de-
militarized zone between Peiping-
and-Tientsin on the south and the
Great Wall on the north.
2.-Protection of the japanese
army of occupation during the
interim.
These terms were unofficial,
and reported from the japanese.
The Chinese indicated that
while they were willing to sign
an armistice assuring peace in
the north, the discussions on the
status of the occupied areas and
the status of Chinese troops
would be among the major points
prolonging negotiations.
The japanese were understood
to be demanding that China rec
ognize Manchoukuo, formerly
Manchuria and now a puppet
sta+a controlled bv Tokyo,
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-06-01
MORGAN FIR N
PARTNERS TAX
IS ESTIMATED
Pecora Reveals His Pro-
gram to Senate Commit
tee in Closed Session
SENATOR REYNOLDS
AIDS IN QUESTIONING

WASHINGTON June l.-(UP).
Paper profits of l52,568,O00
to j. P. Morgan and Company and
his individual partners in securities
Of the United Corporation was re-
vealed today in the Senate Morgan
inquiry.
This figure represented paper
profits on common stock and OPP
ton warrants of the United Cor
poration.
George Whitney, Morgan part
ner, was witness at the time.
He estimated the cost of the Sc
curities at $30,000,000. l.. A.
Reyes, Morgan office manager tcs-
titled that partners of the firm
paid more than $22,000,000 in
come taxes in the years 1927
1929.
Secretary of the Treasury Will
liam Woodin, whose resignation
has been demanded in congress.
again topped a preferred list"
of prominent persons who were
given an opportunity by Morgan
& Co. to purchase stock at SIS
which later sold for 500 a share,
revealed by the hearing on We'd
nesday.
The stock was that of United
Corporation. mammoth Morgan
holding company which controll-
ed % per cent of the nations
electric power.
Revelations yesterday included:
l. J. p. Morgan & Co. made
a profit of $8,290,045 from sale
of 100000 of 1,714,000 option
warrants issued thru it for 81 per
warrant when the United Cor
poration was organized. The war
rants sold on the market at a
top price of SAT.
2. Ferdinand Pecora, commit
tee counsel, figured that }. =.
Morgan & Co. would have made
a profit of S68,000,000 had it
sold all the warrants it received,
to which estimate George Whit
ney, Morgan partner, agreed.
3. J. P. Morgan, by verbal
agreement, effective in June
1928, purchased for $23,6S3,975
from the General Electric Co. on
January 10, 1929, securities of
the Mohawk Hudson Power COM
pany. which on the date Of pur-
chase had a market value of
$35,533.260 nearly Sl2,000,000
more than the sale price. This
was preliminary to organization
Of the United Corporation.
Committee members and spec
tators followed with interest in
attempt by Senator Edward 2.
Costigan, Democrat, Colorado, to
identify the name of Edgar
Richard, who was on the list Of
"preferred" purchasers Of United
Corporation submitted yesterday.
Us that the Mr.. Richard who
is reputed to be a representative
Of ex-President Hoover?' Costi-
gan asked.
81 don't know" Whitney re-
piled, adding that he did not
know Richard personally.
Another senatorial name was
added yesterday to the "prefer-
red" customers when the United
Corporation list showed the firm
of Kean and Taylor, investment
house. Of which Senator Hamil-
ton j. Kean. Republican, New
Jersey, is a member.
The United Press also learned
that Owen J. Roberts. United
States supreme court justice, is
on the United Corporation list
with Drexel and Co., j. p. Nor
gan & Co. Philadelphia branch,
which has not yet been made
Continued on page six)
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-06-01
NEGRO SENTENCED

DURHAM, June 1.-(UP).-
Theodore Cooper. negro, was
sentenced to death in the electric
chair yesterday after conviction
in the insurance murder" of J.
n. Lasater. Will H. Hessee, Dur
ham furniture dealer, accused as
an accessory, was sentenced to
life imprisonment.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-06-01
BY THOMAS B. MORGAN
United Press Staff Correspondent

Oniteu freSS StaH correspondence
ROME, June 1.-(UP).-An
article calling for early revision
of the treaties ending the World
war was included Wednesday in
the four-power pact designed to
assure peace in Europe for ten
years. subject to French approval.
The drafters, working on q
new copy of the pact to be signed
by Italy, France, Germany and
Great Britain, restored this arti-
Gle. despite definite opposition to
it by France and members of the
little entente-Roumania, Jugo-
Slavia and Czechoslovakia.
Article 8, dealing with disarm-
was removed, it was
learned because this subject will
be dealt with in another agree
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-06-01
PAPER is SOLD

WASHINGTON, June 1. (UP)
The Washington Post was sold at
auction today for 1925, 1000. Geo.
f. Hamilton. Jr., lawyer. declined
to disclose whom he represented
in submitting the highest bid. T"
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-06-01

Fair tonight and Friday, with
rising temperatures tomorrow.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-06-01

Liquid banks never got that
way by dealing in watered stock.