davidaulloa/AmericanStories huggingface dataset:
Henderson daily dispatch., 1939-05-12
Hoey Thinks
State Taxes
High Enough
Tells Bankers Spend
ing Should Not Be In
creased Except A S
Present Tax Struc-
ture Yields NJ ore
Money; System Sound
By Staff Correspondent.

Pinehurst, May IL. = Governor
Clyde R. Hoey this morning told
North Carolina bankers that the pub
lie is being taxed enough and it
would not be advisable. for tho State
to increase its appropriations beyond
the amount to be realized under
present revenue laws.
II took the definite position before
the recent General Assembly that
taxes should not be increased" he
said. 81 still adhere to that view.
Provision has been made for tax
research division in the Revenue De-
partment with view to studying the
tax structure of different states and
our own, with view to removing
any determinations, revising anv
schedules found necessary in a lust
administration of our tax laws. and
ascertaining if any legitimate sources
OF taxation have not been reached.
The whole idea underlying this work
is to perfect our tax system and do
justice to every class and interest"
The governor lauded the 1889 leg
islature for reducing some taxes and
making helpful adjustments in 9TH
ers. He praised, particularly, the de-
parture from precedent made when
the Assembly adopted a permanent
revenue bill. This, he said, "will
stabilize our whole tax structure"
Throughout his entire speech the
governor showed that he is satisfied
with North Carolina's present system
OF taxation ard does not favor any
radical changes or departures, only
minor adjustments, at the most.
He expressed the opinion that un-
der policy of this sort the natural
increase in revenue resulting from
better business should be sufficient
to provide, for healthy growth in
schools, health, institutions and pub
lie welfare.
Henderson daily dispatch., 1939-05-12
WholeGroup
Must Pledge
Its Support
Afternoon Session of
All Negotiators Ex-
pected To r e a c h
Terms That Will End
Soft Coal Strike, Long
in Progress

New York, May 12.-(AP)-W. L.
Robson, Of Cleveland, chairman OF
the joint bituminous negotiations
committee, announced shortly before
noon today the conferees had agreed
on a new contract between the Unit
ed Mine Workers of America (CIO)
and the operators of the Appalachian
eight-state area. 1t includes the
union shop"
ROblsOn'S announcement as he
emerged from the meeting of the
subcommittee which reached the
agreement included no mention of
the union shop. AS he was talk
ING to reporters, however, DR.. John
Steelman, conciliator of the Federal
Labor Department, broke in to say
the chief Of the demands made by
John Lewis, CIO chieftain and presi-
dent of the United Mine Workers of
America had been agreed to.
1t was not indicated Immediately
how many operators in the APP
palachian conference, which covers
eight states, would go along with
the agreement.
The union shop means that all new
employees must join the union with
in specified time, although old en-
ployees who are not union are not
required to become union members.
This differs from the "closed shops"
demanded by the United Mine Work.
res, in that all employees must join
the union under a "closed shop"
agreement.
Robson made no comment when
Steelman asserted the "union shop"
clause was agreed upon.
The text of Robison's statement
follows:
The joint subcommittee has COM
pleted its consideration of the sub
ject matter to go into a new APP
palachian contract, and has appoint
cd drafting committee to edit such
a new document. This drafting COM
mttee will promptly complete its
work and report back to the joint
subcommittee at 1890 p. m. today.
The general Appalachian conference
is called to meet at 2.3u, at wnlcn
Time the report of this joint sub-com-
mittee will be made to it for such ac-
ton as it may care to take thereon"
Henderson daily dispatch., 1939-05-12
Frost, Hail,
Cold Damage
State Crops

Raleigh, May 12.-(AP)-Frost
and hail last month reduced North
Cardinals peach crop prospects by
10 percent and left an indicated
crop of Al percent Of normal, the
State Department of Agriculture re-
ported Today
''The late winter freeze did heavy
damages, but fortunately left the
remaining fruit we'll distributed on
trees" a federal-state crop survey
said. Freezes, hail storms and low
temperatures since April l also dam
aged the fruit appreciably."
Mountain counties reported al
most a complete failure and spotted
low estimates were made by peach
growers throughout the Piedmont
and eastern sections of the State.
Crop conditions generally, in the
State are not SO favorable as last
year, w. H. Rhodes, chief of the de-
partments statistics division, said
Other crops reported included:
Early potatoes, the condition was 80
percent of normal on May 1, which
was an improvement of ten per-
cent over April l, but six percent
below May, 1888
The total North Carolina peach
production this year is estimated
at 1895, 700 bushels, compared with
2;232,O00 last year
Henderson daily dispatch., 1939-05-12
$1,218,OOO,OO0 Voted
for Coming Year; Ap-
proves Roosevelt Sec
ond Reorganization
Bill; FDR To Visit Nc
Intyre. I'm Asheville

Washington, May 12.-(AP)- A
record of $1,218,0O0,O farm appro-
priation bill passed the Senate to-
day. The vote on final passage was
announced by Senator Hatch, Dem
ccrat, New Mexico, presiding, as 81
to IA. Earlier the Senate defeated AZ
to 20 the motion to send the bill
back to its appropriations commit
tee for reduction.
The bulky annual agriculture
measure now goes back to the House
for consideration Of more than $685.
100000 in increases.
The Senate failed to decrease a
single item previously inserted by
the House, but inserted or increas-
ed more than 100 items. Most of the
funds will be used to improve farm
income and prices, either through
direct benefit payments to farmers
or government programs to remove
farm surpluses.
The Senate approved 1925 ,0OO, 900
Tor parity payments to farmers in
addition to $5O0,OOO,OO0 for soil con-
servatlon checks. 1t also added S113.-
100000 for removal of farm sur
pluses.
Other developments:
The Senate approved President
Roosevelt's second government re-
organization plan. The plan regroups
a score Of government agencies and
abolisheS the Bituminous Coal Com
mission, placing its functions under
the Interior Department. The pro-
gram now will go into effect at the
end of 50 days.
President Roosevelt said he would
favor repeal Of the undistributed
profits tax, provided some other
method was found to prevent what
he called legal tax evasion by the
wealthy. In long discussion of taxes
at a press conference, the Presiden:
emphasized again his contention that
IN place Of any corporation levies
repealed, there would have to be
found substitute taxes to bring in
the same amount of revenue.
MIR. Roosevelt said those who have
been clamoring for removal of deter
rents to business in the tax struc-
ture have failed to point out how
to raise the revenue that would be
lost
The President said he had select
ed Admiral William Leahy, retir-
ing naval chief of operations, to be
Continued on Page Five)
Henderson daily dispatch., 1939-05-12
BY ROGER w. BABSON
Copyright 1889, Publishers Financial
Bureau, Inc.

BabSon Park, Mass, May H.
Who is the forgotten man" of 1889?
We heard a lot about the forgotten
man" a few years back. In the politi-
cal campaign OF 1882, he was the aver
age little fellow. But who is he today?
The wage worker is getting better
hourly pay now than in 1929. The
executive is still getting a high sal
ary. The labor leader is sitting pret-
tier than ever. The politician is hav-
ing a hey-day. Even the former is
getting his benefit payments. Who,
then, is the forgotten man.? He is
the stockholder, who is the heal en-
plOyer.
Stakeholder Squeezed
In the hundreds of new laws that
have been passed since 1882, in the
thousands Of speeches that have
crowded the air-Waves, in the mil
lions of editorial that have been writ
ten, and in the billions of dollars Of
taxpayers money that have been
spent, the stockholder has been for
gotten. (The S. E. c. was put in
primarily to protect new investors
rather than existing stockholders }
For five years the investor has been
squeezed by a powerful cOmbina-
ton of high-salaried executives,
power-mad labor leaders, and vote
crazy politicians. Everybody has
been paid off except the man who
invested the money to give the jobs,
to create the positions, and to pay
the taxes.
Some readers have severely critiz-
ed me for my recent statement on
farm prices. 1 said that eggs would
sell at So per dozen, milk at so cents
per quart, and beefsteak at So per
pound if farm labor were paid as
much as building tradesmen receive.
My critics say that it is not just the
high price of non-farm labor that
gives us our poorly balanced econo-
my. They are right. The high cost of
politics and the dishonesty of racke-
teers are also to blame. Of our ma
tons income of $65, ZOO, 100000 last
last year, about Sic, 100000, 900
went for the cost and losses due to
crime.
Stockholders Take the Licking
High executive salaries are un-
doubtedly justified. It takes brains.
courage and training to run a big
enterprise. But what object to is
Henderson daily dispatch., 1939-05-12
Aid Pledged
Each Other
In Sea Area
Aggression Leading
to War in Mediterran-
can Region Would
Bring Both Into Ac-
ton; Chamberlain Ad-
vises Commons of New
Accord

London, May 12.-(AP)-
Great Britain added strategic
Turkey to her European secur-
ity lineup today as the two
governments pledged aid to each
other, "in event of an act of
aggression leading to war in
the Mediterranean area"
The pledges were announced
in the House Of Commons by
Prime Minister Chamberlain
pending conclusion of a "defi-
mite. long-term agreement of
reciprocal character in the in
terest of their national secur-
ity."
Asked whether an "act of aggres-
sion leading to war in the Mediter-
ranean" meant an act of aggression
anywhere or only in the Mediter-
ranean, the prime minister side-step
ped with the answer:
1T means an act of aggression
which leads to war in the Mediter-
ranean area"
Pending completion of the def
mite agreement, the prime minister
said, "the British government and
the Turkish government declare that
IN the event of an act of aggression
leading to war in the Mediterranean
area, they would be prepared to
cooperate. effectively and lend each
other all aid and assistance in their
power"
Chamberlain made it clear that
the two countries had agreed to con-
clude the definite, long-term agree
ment," but. indicated its details had
rot been fully worked out. The an
nouncement meant that Britain had
forged another link in her chain of
European security arrangements,
the Turkish agreement supplement-
ing British-French pledges of sup
port already given to Poland, Rou-
Continued on Page Three)
Henderson daily dispatch., 1939-05-12

Yarmouth, Nova Scotia, May 12.-
(Canadi9n Press) - Twenty-seven
fishermen from the schooners Edith
c. Rose and Isabelle Parker. were
landed near here today, bringing to
36 the number of known survivors
OF the collision between the two YES
sells.
Eleven seamen still were missing
as a result Of the collision of the New
England fishing vessels early We'd
nesday morning in a heavy fog 100
miles at sea, midway between Var
mouth and Boston. One man was
known dead.
Telephone messages from the viii
lagos of Westport and Freeport said
the 27 had been landed there after
three fishermen found them in open
dories early today.
Whitney Derby, Wallace Titus and
Herman Cam found the new group
OF survivors 20 miles west of Briar
island. Details were not given in the
.brlef messages reporting that the 27
had landed and were starting imme-
dlately on the 30-mile trip to Var
mouth.
A gasoline boat previously had
picked up nine fishermen near ex-
haustion after rowing 8Osmiles in
dories.
The survivors were found as flee-
OF rescue boats and planes searched
the chill waters off the Nova Scotia
coast Both the Isabelle Parker, a
boston schooner, and the Edith c.
Rose, OF Gloucester, sank quickly
when they collided in the dense foS
Henderson daily dispatch., 1939-05-12

Office Upheld
By Delano

Pinehurst, May 12.-(AP)-Pres-
ton Delano, comptroller of the cur
rency, said here today a proposal to
duty on other agencies would accom-
plish no economy or Simplification
of administration.
He spoke before the 43rd annual
convention of the North Carolina
Bankers Association.
Delano, pointing out that the
comptroller's office was the oldest
supervising agency in the federal
government, said its extinction
"would be a distinct blow to the
prestige of the national banks and
might even imperil the existence Of
our dual banking SYSTEM
"In my judgment, it would be a
backward step for this office and it's
staff not to be preserved in its pres
ent FORM" he added
Turning to the banking situation,
Delano said he thought the F.asser-
ton that the banks are refusing
: legitimate credit to industry are the
result of confusion of mind as to the
true nature of the banking function" "
Meanwhile, expressing unqualified
opposition to- any increase in State
taxes, Governor Hoey told the bank
ers existing levies SHOULD be c'1f-
ficient to provide for a healthy
growth in schools, health institutions
and public welfare"
The governor said revenues from
present taxes would increase as the
State grows and develops.
w. w. Woolard, of Greenville, will
be installed today as the new presi-
dent. BY custom, R. P. Holding, of
Smithfield, will enter the line Of sue
cession as third vice-president after
Ben R. Roberts, of Durham, and R.
c. Llewellyn, of Mount Airy, each
advance a notch in the vice7presi-
dental list.
President Woolard announced ap-
pointment of the following standing
committeeman, among others:
Agriculture, Jasper l.. Cummings,
Rocky Mount; finance, B. R. Roberts,
Durham; legislative, WoolarS:;; pub
locations, c. A. Kramer, Kinston.
Henderson daily dispatch., 1939-05-12
Japanese Seize Foreign
Settlement Around Amov;
Shanghai Is Threatened

Shanghai, . May 12.-(AP)-Jap-
anese forces occupied today the in
ternational settlement of Kulangsu
at Annoy, and japanese spokesman
warned that similar action" might
be necessary respecting the interna-
tional areas at Shanghai.
Kulangsu is an island in the har-
Dor of Annoy, province port 600
miles southwest of Shanghai which
the japanese occupied several
months ago. The international set
tlement one and half square miles,
with normal foreign population of
ESQ, is administered by council in
which Americans participate.
Domei, the Japanese news agency,
said the occupation followed the
wounding of a Chinese while the
japanese naval commander was in
Henderson daily dispatch., 1939-05-12

the vicinity. The japanese asserted
this endangered the commander, en-
titling them to exercise the right of
self-defense.
At present there are seven Amer
leans on Kulangsu, one of whom is a
member of the council
Domei asserted that while the Jap
anese naval commander in the Annoy
area was ir the Kulangsu settlement
yesterday, unidentified persons shot
and wounded Hung Li-Hui, president
CT the Annoy Chamber of Commerce.
Dispatches reported that few
hours later, without warning to the
settlements authority or any for
eign authorities, Japanese naval
forces moved into the settlement on
the grounds that the council had fail
ed to take active steps to capture
the assailant.
Henderson daily dispatch., 1939-05-12
TWO ESCAPES AND
TWO CAPTURES MADE

Raleigh, May 12-(AP) - The
State broke even today in its ledger
of escapes and recaptures of prison
erS.
Oscar Pitts, penal superintendent,
reported two escapes and two recap
lures, the latter including:
Rudolph May, 80, who escaped
from the Nash camp last August,
was returned her from Baltimore,
Md. He was sentenced in Edge
combe to 80 days for assault with
4 deadly weapon
Henderson daily dispatch., 1939-05-12
.Daladier Is
Given Vote
Of Confidence


Paris, May 12.-(AP)-The Cham
Der Of Deputies tonight voted con-
fidence in the foreign and domestic
policies Of Premier Daladier. The Of
fetal count was 375 to 23O.
The vote came after the premier,
in a dramatic speech, insisted that
Frances present strong foreign pol
icy Of opposition to the authoritar-
ian states would have been impos-
sible without his domestic policy of
putting France back to work."
Daladier's victory ended two-day
foreign affairs debate set off yester-
day when the premier declared
France would continue building al
liances and increasing her armed
forces as long as her neighbors main
tanned massive mobilizations.''
Henderson daily dispatch., 1939-05-12
ROEY NAMES MAYOR
IN TOWN PEMBROKE

Raleigh, May 12.-(AP)-Gover-
nor sloey today appointed George E.
Bracy as mayor of the town of Penn
broke for a term expiring May 1,
1910. AS authorized by law, the gov
ernor also named four commission
ers of the town. They are: B. F. Cole,
E. B. Daniel, Ira Pate Lowry and
Lacy Maynor.
Henderson daily dispatch., 1939-05-12
Record Farm Bill Passes
Senate By Heavy Margin
Lindbergh Ends
Charlotte Visit

Charlotte, May IL. = (AP)-
Colonel Charles A. Lindbergh
took off at daylight today in an
army pursuit plane for an un-
announced destination.
Colonel Lindbergh, who has
been inspecting army air facili-
ties on the west coast spent the
night here. He arrived here from
Maxwell Field, Alabama.
Henderson daily dispatch., 1939-05-12
w. B. KIKER NAMED
ROTARY GOVERNOR

High Point, May 12.-(AP)-W. B.
Kiker, of Reidsville, was nominated
for district governor of district 189
Of Rotary International at the an
nual conference of the district here
today. Kiker will succeed Irwin
Morgan, Jr., OF FarmYille.
Henderson daily dispatch., 1939-05-12

To be sure, Washington, if any
place, is accustomed to .tie-ups Of just
ule sort referred to. Every four years
II has a presidential inaugural pa
rade through its business midst,
which gun1c up its works marvel
lously. However, the citizenry is pre-
pared, long in advance, for these pc
fiodic sieges. II knows what's com
lh9 Business virtually suspends it.
SELF Commercially the place is as
4cad as herring, but it expects to
pc. Moreover, the capitals inaugural
,vnisltations have their recompenses.
Ihey bring in crowds of visitors, who
are a pest to local house folk, tour
lSI agencies, taxicabmen and various
others.
Between inaugurations the town
Henderson daily dispatch., 1939-05-12
Americas 'Softness' Is
Menace To Her Freedom
Babson Asks Will God or Fascism Win in
United States; Says Investor Is Forgotten Man
of 1889; Stockholders Squeezed All Around

that many executives do not take the
licking with their stockholders. The
whole brunt of the blow falls on the
investors when the dividend is pas
sed. Out of 1927 stocks listed on the
New York Stock Exchange, only
about third are paying any divi-
dends, while 35 per cent of the coun-
try's railroad mileage is not even
meeting the interest on its mortgages
Banks are paying two per cent on
Continued on Page Three)
Henderson daily dispatch., 1939-05-12

DIS large DIS dDOQ l
h a If "a million
abolish all traffic
along that main
street for two or
three hours and
permit nobody to
cross it for the
S a m e length of
time-and, believe
me, automobileism
and pedestrianism
and everything are
bound to be a sight
to behold when
IN or m a | C y" re-
Sumes its sway.
Washington had
such an experience
tho other daV
Henderson daily dispatch., 1939-05-12
SO Survivors
Rescued From
Ships Crash

Yarmouth, Nova Scotia, May
12.-(Canadian Press)-All 48
men aboard the New England
fishing SchOOnerS Isabelle Parker
and Edith G. Rose, which found
cred early Wednesday after col
iding in a dense fog, were be-
Heved accounted for at noon to-
day. One of the number was
dead.
Henderson daily dispatch., 1939-05-12
Nicaragua's
Chief Knots
Traffic Line
BY CHARLES p. STEWART
Central Press COlumniSt

Washington, May 12.-Draw a
deadlne right through the middle
Of any busy city, with a population
Henderson daily dispatch., 1939-05-12

Continued on Page Five)
Henderson daily dispatch., 1939-05-12

Continued on Page Three)
The Nome nugget., 1939-06-09
MEMBER OF ASSOCIATED PRESS

The President views the Situa- ton in different light. The cause of good eats must move on ward and upward, regardless of whether or not domestic canners Ike the process by which the advance is brought about. The canned meat affair raises a cam paign issue. l. may even consti- ute ground for platform plank The thoughtful Reublican pro- perly may question the patriotic devotion of a stomach filled with foreign COW. The sound Demo- crat, with equal propriety, may come to the relief of the party and support the principles that make for first rate corned beef and cabbage.
The Nome nugget., 1939-06-09
Current Comments Written From
 Washington

Although the phrase rubber stamp" is trifie harsh and un- just 10 use in connection with the doing of Congress, the fact re- mains that the chief legislative body and the Executive have pull ed pretty well together as a team. The instances in which Congress has let down the Presi- uent are few, and far between. Some measures, it is true, have encountered Congressional oppo- sition at the start, but 1t has weakened and died away with the passage of time and the reap plication of pressue. A good ex- ample of what patience, persist ence and prodding will do, IS found in the Reorganization plan, looked at askance, laid aside, and ultimately taken up again and approved.
 The Florida Canal Bill, calling tor an appropriation of two hun dred million dollars, remains an exception to what seems to be the general rule, stated above. To use a fine mixed matephor, the canal is having a stormy voy age. The Senate has set down it's foot, and for the second time the completion of the project has been stopped, after five and a half million of relief funds have gone into it. The President is a diplomat as we'll as an executive, and diplomacy may dictate that nothing more be said at present about cutting off the tail of Flor ida and changing part of the pen insula into an island
 If the Florida Canal, after all, is a small thing to argue about, what is to be said regard ing Argentine canned beef for the Navy? The Senate Appopria- tjons Committee, by a vote of g to ', has indicated that those American sailors who are in the fighting group, must eat Ameri- provender; or, stated differently, that American food will answer tor the needs of all Americans.
The Nome nugget., 1939-06-09
CAUTION

With the coming of the late breakup of Snake River this spring, the local Coast Guard personnel wish to remind all the young people to please keep away from Snake River, also to use caution if they have occasion to walk over 10 Belmont Point.
 The Coast Guard, as is usual at this time of the year, wall keep a watch at the river, and all small children, unless accompan jed by their parents will be re- quested to find other places of amusement. PARENTS are re- quested to PLEASE COOPER ATE.
The Nome nugget., 1939-06-09
RADIOPHONE RATES

The below information is pub lished for the benefit of those desiring direct personal contact with friends or business associat- es in outlying localities by means of radiophone.
 Radiophone conversation rate between signal corps stations or between signal corps station and a commercial station for three (3) minutes or less is three times the minimum message rate; for each additional minute or frac ton add one third of the initial rate.
 For example-the day rate from Nome to Kotzebue is SOC; a three minute conversation to Kotzebue would cost three times the day rate or Sl50 and each dQoltIOuidl IIllllGJc Ol IIdNllOIl thereof would cost 50c. (Federal tax of 5To is charged on all total charges).
 Anyone desiring radiophone conversation must make their re quest for such service to the op- orator on duty at the radio sta ton.
 For most satisfactory contacts requests for radiophone conver- sation should be made sufficient ly in advance to allow arrange ments to be made for the special schedule during normal office hours.
 The following is a list of ra- diophone stations with whom the Nome radio station is in daily
The Nome nugget., 1939-06-09

ported to be engaged in the busi ness of burying the hatchet, a wholesome occupation, generally considered, but in this instance robbed of some of it's charm. MT. Hitler will be accorded conces- sions if he will let the bound aries of Europe alone, an arrange ment that reminds one of buying off with candy a bad boy to whom the barrel slave should be applied.