davidaulloa/AmericanStories huggingface dataset:
Henderson daily dispatch., 1940-06-14
Stay on the Job

As is usual al this time OF the
wear, particularly when lall elections
are approaching. Congress thinks OF
nothing 50 earnestly as getting away
from Washington. The boys feel the
impellIug urge to take 10 the hist
insS. to backSlap. handShake ana
build up fences. And that is part OF
the game. however silly it may be.
But it is different this year. We
are living in 4 world more than halt
OF which is atlame with war. While
we are not in it. we are conscious Of
the very urgent necessity of building
our GCtCuScS a. nearly as possible TO
the point O. invincibility. TO the end
that we shall not be drawn into it.
New situations are arising daily.
new crises are developing to create
fresh problems for this country. De-
cisionS are pressing that should not
be left nor entrusted to any one man.
Congress is the VOICE OF the people,
and should be available at all times
and in all emergencies and whenever
needed for any purpose to approve
or diSapprove of this course Or that
for the nation 10 take
II the country is to be admoniShcd
10 work harder. why should Con-
gresS DC exempted from the same
sort of duty? 1t may be hot in
Washington. but it is hot everywhere
now. And congressman not only
live and work in So-called glass
houses. but houses which are air
conditioned and with all the COM
forts modern science and engineer
ing can provide.
Ii is vastly more important that
Congress stay on the job continuous
" now than that individual members
Of the House or Senate be reelected
in November. Constituents will
value more highly the services Of a
pa~.gc :nan those Of Il mere pOlitl-
clan. especially n these times. Il
i -.acn. more v,tol that this anna
-.er. 2ro-ra:. ~ pushed with all
Henderson daily dispatch., 1940-06-14

had served from March 4, 1879, tho
opening of the session, to January
20, 1881, when Ycates was seated
Only about two months Of the term
remained. Ycatcs declined to be {
candidate to succeed himself.
6. In 1868 when the new cOnSti-
tuition was adopted. It contained
provision designating the lower house
as the house of representatives. Prior
TO that time il had been known as
the house Of commons.
Henderson daily dispatch., 1940-06-14
June ID, 1920.

The attraction of Chautauqua to-
day is the Belgian veterans band
This is an organization of survivors
Of the World war. who fought in the
army Of Belgium. 1t is their first tour
Of this country, and wherever they
so they are being greeted as one OF
the greatest features Of the Chau-
tauQua season.
Theatre ad: Douglas Fairbanks in
his newest picture, His Majesty, the
American.
Henderson daily dispatch., 1940-06-14

The News and Observers Under the
Dome" column tipped Waynick as Il
possibility TO take over the Highway
Commission again.
Tom Bost. in the Greensboro Daily
News Of the same date, had now
Governor Clyde Hocy and neXt-Gov-
ernor j. NJ. BrousHton debating Way
nick as successor to critically il
Commissioner of Revenue Allen j.
Maxwell.
Henderson daily dispatch., 1940-06-14
Capital Gossip
BY HENRY AVERlLL-
Daily Dispatch Bureau,
In the Sir Waller Hotel.

Raleigh, June Alt no doubt is
compliment to his really outstand-
ing ability but Capus M. Waynick,
editor of the High Point Enterprise,
probably gets rather weary Of hav-
ing his name mentioned for every
vacant governmental and political
post in North Carolina.
Every time some high official dies,
or resigns. or is Ousted. up bobS the
suggestion that Waynick will Sue
coed him.
The writer's never need the slight
est basis for suggesting him, either:
They just reach down into the grab
bag Of memory and bring up the
name OF the former Highway Com
mission chairman who was later di-
rector of the Purchase and Contract
division.
On Thursday morning it seems that
The scribes got their signals mixed.
Henderson daily dispatch., 1940-06-14
June ID. 1915.

Mr.. Roy DiCkCrSon, a Wcll-knoWn
young man of Oxford, was very
painfully injured Sunday afternoon
when 4 motorcycle he was riding COL
lidcd with Ford automobile two
miles from the city, near Rcdbud
church. Mr.. Hugh Jordan, Of this
city, was but Il few hundred feet
from the scene of the collision. and
brought DickcrSon on to Henderson
IN the buggy in which he was riding.
Henderson daily dispatch., 1940-06-14
5-lO-2O-25 Years
Ago
(Taken from Daily
Dispatch Files)
Juno II. 1885.

Some discussion has been had here
with a view to attempting to ar
range Sunday afternoon band con-
certs in the city during the summer
months.
The next entertainment on West
End Countsy Clubs social program
will be held two weeks hence, and
will be "Childrcn'S Picnic" for
grown people only. In order for d
member To attend this picnic, he must
come dressed as child or in a kid
costume
Henderson daily dispatch., 1940-06-14
June IA, 1880.

Charles Sturgcs has returned To-
New York after spending the past
two weeks here.
Rev. l. W. Hughes will return this
afternoon from New Orleans, La,
where he has been attending the An
nual convention of the TravlCrs Pro-
tectivC Association.
Henderson daily dispatch., 1940-06-14

The present bulls eye" type sight
glass in use on most North Carolina
gasoline filling station pumps is not
the protection to customers it is sup
posed to be. in the opinion of c. d.
Baucom. chief of the Weights and
Measures division Of the State De-
partmcnt of Agriculture.
when l discovered that the sight
glass assembly was being so designed
ana built as TO make it possible to
deliver forty indicated gallons into
a five-gallon can without any Wis
iblc evidence contrary to the proper
fmctioning of the pump as Il whole,
! concluded il is time for reckon
ing, he said in recent address on
the subject.
Henderson daily dispatch., 1940-06-14

Dan Tompkins wasn't nominated
for lieutenant governor, but if he had
been there could have been no kick
on the size of Individual contribu-
tons made to his race.
In his report filed in the Secre-
tary of States office, Tompkins listed
no less than 16 contributors who all
put together gave him a campaign
fund of $66.50.
Against this he listed expenses Of
S7675.
Henderson daily dispatch., 1940-06-14

The advocates Of legal liquor stores
in Johnston county. who must repcl
the very powerful challenge of a mill
tant dry drive, picked nice name
for the organization through which
they hope to wage successful war
of defense.
It's the Association for Temper
ance, Alcoholic Control and Tax Re-
duction."
Henderson daily dispatch., 1940-06-14

One item that leaves the man II
the stree. unmovcd is the news thai
the war has caused 4 shortage OF
Russian caviar and French pate dt
fol graS.
Henderson daily dispatch., 1940-06-14

The law firm of Clark and Clark,
father and son, of Fayetteville, is
composed, according to its letter
head. of j. Bayard Clark (Who is
the Seventh District congressman
and Jerome b. Clark. Jr. Evidently
the younger Clark doesn't like TO
part his name in the middle.
Henderson daily dispatch., 1940-06-14

People are reading more books
than ever before today, says d noted
librarian. That's odd-Wlth the
front pages more exciting than a
novel ever was.
Henderson daily dispatch., 1940-06-14
HENDERSON, IN CJ DAILY DISPATCH friday JuNE14 1910

France or Britain TO throw in the
towel Both of them have much left
to fight for, with still chance for
victory in the end.
Henderson daily dispatch., 1940-06-14

EASY TERMS, If YOU NEED
them, on Goodyear Tire
EXide Batteries, and Motor,
ola Radios. Henderson EUI.
canizing Co. FRITZ.
Henderson daily dispatch., 1940-06-14

Now that he's in TIC war. Muse
lini may discover that "a balcony i
lln place to be during e pli'zkri"g.
Henderson daily dispatch., 1940-06-14
What Do You
Know About
North Carolina?
By FRED Fl. MAY

|. Who was the North Carolina
governor who advocated military
training in public schools?
,. How did the owner OF Buncompc
Hall delay guests fro mdcpartmg?
,. The architects design for what
North Carolina church won an III
tcrnational award in 1926?
/. Who was the North Carolina
lawyer appointed Judge by President
Adams who President Jefferson re-
fused 10 recognize?
). Who was the Democrat who sue
ccsSruIlv contested the election OF a
Republican congressman III 1871!
&. When was the name OF the low
or legislative body changed to the
house of representatives?
Henderson daily dispatch., 1940-06-14
Frances Future

|
| tnrv. some =, m.rcutatorI and "oSHr'-
rr< of tie European SluaII'E III
! iurlng that &C republic may III INC
near future sec for pcaCa under u''
In,St terms that Can be had from
| Adolf Hitler. This group at tn""%n'
SUGGESTS that France Wou'G l"rr nHi-
>. under S.lvh Il procedure Ian II
| .h, resolves to fight To tth hill'r
crd. only 10 face worse '1'''
ro,lplcd with the occupation ii least
| = mot the destruction. o, many OF
hr.. taircSt cities.
Vt best. 2ny peace lit icr Wou'd
r,,,rt would be bad enough. More
over such an early ending of h"Stll-
tics for Fruncr would leave Britain
:, cisEt rrr herself. with prospects
ii success greatly dmnSEcd'
>iprc long before the N2r 5r"Nr
md rcpcatr ;lr since then, tt.crc Lave
,ocn plcds,S both in Londrn an"
;,ariS that the two WOud sec Ii
through to"cthcr to the butter cnu'
cc,lc wl,t may. There haT, 3''h
|, b,rors from Germany, WliH all the
r,.lor Of lnodultcratrd p"ri @&HudA
THAT France was merely l:;"';A" the
b.,+,l, Of ;i,itulu. and that 4, ';cl haG
-, score 70 settle with Il 4 French
u,,plr: that his quarrel was with
t,nsIand. But this has never caused
the slightest wavcring in the pur-
noses of the two to stick together
for Whatever the fatcS might dc
cree.
| \ few days ago former Premier
F,dorrord Herriut WAS dismissed from
the Rcynaud cabinet without sat-
iSfac,orv explanation. Later the
speculation was advanced that Her
riot favored a separate peace for his
country. which put him definitely
out of accord with the government
and causing his retirement. That
theory has not been confirmed.
On the one hand. France has not
given up hope OF ultimate victory.
Many of her people cling 70 the faith
that the Germans can be stopped. To
fight on would entail additional
countless sacrifices in men and re-
sources. There is. too, the sense OF
obligation to Britain. On the other
hand. peace now would spare the
lives of many OF the republics finest
voting men. and conserve resources
that otherwise would be diS>ipated.
Yet al the same time it would mean
subserviency to Hitler. Nith all the
humiliation and privation such an
existence would involve.
1t will be bitter cup from which
to drink. whatever the choice might
be. To quit would lay France open
to charges OF Wclching on her agree
nent with Britain. and cast her IN
the role OF a traitor to the alliance.
To carry on to the point of eX-
i Al n
Henderson daily dispatch., 1940-06-14
ANSWERS TO
TEN QUESTIONS
See Bach Page

|. Lose.
=. National Industrial Recovery
Act; N. l. H. A.
3. Superior.
i. Egyptian obelisks.
5. RCturt.
6. Auto racing.
7. Douglas G. Corrigan.
8. Exodus.
8. AT least $4,000.
10. Wall Street
Henderson daily dispatch., 1940-06-14

This corners idea of asking for the
millennium, or something like it. is
the North Carolina newspaper which
suggested editorially that Bob Rey-
nolds 'bc either consistent or silent"
Henderson daily dispatch., 1940-06-14

FOR RENT: THREE ROOM FUR
niShed apartment, living room
bedroom. kitchencttc. CONVENIENT
to bath, 324 Charles street. Phor"
4l3-W. lt-IU
Henderson daily dispatch., 1940-06-14

PEACHES. PEACHES, PLENTY Or
nice, ripe peaches. AyScuc pcac,
Orchard, Henderson LoUI>bwg
highway. li-4n
Henderson daily dispatch., 1940-06-14

FOR SALE: SEVERAL NICE FRESH
young milk COWS. Wei broke :,
chain and gentle. Claude Fleming.
Wise, n. &. l;-Ir
Henderson daily dispatch., 1940-06-14

If IT'S PRINTING or hNI Nr;D
just call Wcbb'S Specially p,n,o,
Years of experience. Lei 70. ao your
next job. Geo. S. Wrtg Phone
529-J. 1874
Henderson daily dispatch., 1940-06-14

BARBECUE CHICKEN DINNER
Sunday. Limited number. please
phone your orders early. Hill TOP.
Raleigh Road, Phone 5jO-W. 1921
Henderson daily dispatch., 1940-06-14

WE SPECIALIZE n ALL
kinds of body and fender re.
pair work. Motor Sales Co
Henderson daily dispatch., 1940-06-14

GET PRICES ON OUR USED CARS
before you buy. L. & L Motor Co..
Dodge and Plymouth dealers III
Chestnut street. 4-cod-tt
Henderson daily dispatch., 1940-06-14

WANTED MODEL A FORD COUPE
in good running condition. Phone
Ill. Graham Jordan. ii-n
Henderson daily dispatch., 1940-06-14

RADIO AND HETRIGERNTOR Ep-
pairs and service. Watrur. and
clocks called for and Delivered L.,
us do your next job. Py,v and
Nixon, phone So. al.
Henderson daily dispatch., 1940-06-14

FACTORY TRAINED TYPEWRlT-
CT, adding machine and cash rcgl-
ter expert is now connected with
us. All work fully guaranteed
Prices reasonable. Relief machines
furnished free. Estimates gladly
furnished on any repair work. A.
ford's Printing and Office Supp.y
Company. tucS-iI!-1
Henderson daily dispatch., 1940-06-14

OLD ESTABLISHED WATKINS
route of 1000 consumers II Eanr"
County. Fine earnings 10 start ior
reliable man. No capital or expert
cncc required. Write The }. Il.
Watkins Company, Richmond. NW-
ginia. H."
Henderson daily dispatch., 1940-06-14

HENDERSON BUSINESS ..,,,,..
ran Ierm' S"prcm0c. . '..n D..
no other type o.. ,.l...'.... 3.
VIII lcao you $" quickly ar.....
able employment '.....-
Henderson daily dispatch., 1940-06-14

FOR SALE BICYCLE II l.,,
condition. viii sci. rh,sp. inv .
Moore, GOO iIigh:uad t..,.-.
phone 735-W. ..,e
Henderson daily dispatch., 1940-06-14

REFRIGERATOR SERVICE. All
makes, all models, p.omp, ....'--
OBSERVATION-DISCLOSURES
Henderson daily dispatch., 1940-06-14

a SMART NEW HAIRED, ,t. 49,.
OF our other bcau:y sen, 49,. IN ~ I
uo wonders tor soar apsn...,.. '.'
Phone 200 for appointment a.%
gers Beauty Shou. al. III.
Henderson daily dispatch., 1940-06-14

WOOD - SUMMER PRICES Fvh
wood from Elrod Lumber Compan?
are as follows. delivered anywhere
in Henderson. Dry Blocks. S'"Ee-
wood lengths. Sl.75 per load. gree.
Blocks. Stovcwood length. ;! %
per load. Phone all orders To "h'H
Taylor's Hilltop Service S'anoH
Prompt scrvlcc-gcncrol~ I'aH'.
See J. L. EIrod for special prices
on orders OF ten loads or more. We
suggest that you buy your h'A'
winters supply now. Slabs io'-
sidcs) arc not delivered but are 10.
sale cheap at the sawm'ii Iora' reg
at Elrod Lumber Company II-'"
Henderson daily dispatch., 1940-06-14
ANSWERS,

|. Governor Thomas Bragg, ol
Warrcnton, governor from 1855 to
1889. He advised the legislature OF
Henderson daily dispatch., 1940-06-14

EXTRA SPECIAL 80 VI. JUG. l"yh
choice of coIurS. and six b"aH'IiIi
water glasses. all for i9c. See o.H
l9c special on scatter I"Ns. '', =
gains in good used furniture. j.. L
Sattcrwhtc & Sons. Between L'n
dcr's and FirChOusc.
Henderson daily dispatch., 1940-06-14

FOR SALE: YELLOW SOY BEANS
S1.4O buShcl: clay mrTcd P'a,,
SITS bushcI. Dickson $. =" li' W ..
street.
Henderson daily dispatch., 1940-06-14


W. a MN
M n III / M
" @IV
A~O
G0A
oS8 NG&KEErn
------ = ~
yico 'T t,IIi 'N."iEDI&TE >,a
vn,, tha h"', ''''' '' part m...,.
I n,,ol,Iir C',.J q competent r.....
7''''''- ('o''" .'A H..
Fail Tenn, S lsT,,' >E.>S @nlAGGf
no other type o.. ,,,.~.. .".@ Is
VIII lead you So quickly u.......'
'l N,-lp.oy "''''o e
n SMART NEW nAiR-Dn an ,,..,
uO wonders fvr sour ,n,lS. VIII
Phone 200 for appn.r.....,.,
gers Beauty Shou %. ID
gu
BARBECUE AND Hr........
the Norlina rn,d ', u, -, ,....,.'h. oa
crnonn pbi,;, rI''.., 80 "' 1.. a.'-
'''.' joe -i-i'
FOR SALE BICYCLE ~ ,..,
condition. VIII sell rn,... . ~
Moore, GOO iIign.l,d
phone 735-W.
,,,.,,,,,,,rr
hHr hlHEilA !Oh SERVICE, ALI.
I,uugnm-l,uodnk.n ..e
- 80.
Wanted, MAN TO SELL T.l...rr
treatment. AT least hall Col ....a,
arc infested ana o"nc,- uu n.,
KNOW It, farl or iUll time. G".a rn.-
,i''>SIo'i' NiItc giving experience
- ---,-..,-----------------.---.----
Dave MONEY. ALI VASE PANTS
81 sfadc, i1c; s. grade. STA.
men : "aSf! SUIT, 81 'o 81. ,..ig.
- SHOES. SL"9: s. Shoe. $40
bakers Shoe ana Clothing G..
.:-gs"
pADID ,MD .,.,-,,.,-.,.,,..-
n-IN t'i'I nv ia -. j. 'h hA-
i 'L'.i,.. '' 1t,, 81 t, 'oc ""''"'. and
-. d ,n',. AZ ,,".' '''G u'''r '.'" l.,
10 w 9ouI HCAl JvD. It''E and
The Wilmington morning star., 1940-01-19
BANK CLEARINCS
SHOW GOOD GAIN
Outstrip 1899 Period For
First Time In Three
Weeks

NEW YORK, Jan. 1s-LR-Bank
.clearings i'll major American cities
during the week ended January II
outstripped the comparable 1889
period for the first time in three
weeks, Dun & Bradstreet said today.
The latest total for % leading
cities was $5,806, 298, 900, or Al per
cent more than $5,575,422,0 900 in the
same week last year. The aggreg-
ate was $2o8, 779, 900 ahead of the
preceding week.
New York clearings amounted to
s3,448, 724, 900, only two-tenths of
one per cent down from $3,454,s $685.
900 a year ago. Turnover at outside
cities of $2,357,574,0O0 represented a
gain of 11.2 per cent over $780,
$4,000 last year.
All outside centers posted gains
over the comparable 1889 week, in
cluidng Cleveland 21.5 per cent.
Pittsburgh 1876, Buffalo Ill, Seat
tie 1872, Baltimore 14.7, Detroit
1875, and Philadelphia and Minnea.
polls each II per cent.
Chicago volume increased 14.5
per cent to $345, OO4, 900 from $301,-
400, 900 a year ago.
The Wilmington morning star., 1940-01-19
REYNOLDS GIVES
FINN AID STAND
Tar Heel Senator Says
Arms Ban Repeal Bring
ing Inconsistency

WASHINGTON, Jan. IS. -P-
Senator Reynolds D-NC), comment
ing on proposed financial aid to Fin
land, declared today repeal of the
arms embargo "is about to involve
US in the mesh of inconsistency"
In a statement issued just before
he left for Chapel Hill to address
the Carolina Political union, Reyn-
Odds said:
1--WE are now selling munitions
and arms on the one hand to Rus
STA, which arms and instruments of
death are being used by the Red
army to annihilate the Finns-while
on the other hand in this instance
some are proposing a loan of mil
lions of dollars to the Firms with
the express reservation that they
cannot use any of these millions to
buy arms and munitions from us
with which to defend themselves
against the murderous aggression of
the Russians"
He declared a second inconsist'
ency was that some persons were
advocating an embargo upon arms
The Wilmington morning star., 1940-01-19
Miss Mary Hoke Named
By Capitol Secretaries

WASHINGTON, Jan. 1S.-Joseph
Tumulty spoke 10 members Of the
North Carolina Congressional
ties club when they met today 1or
their initial monthly luncheon Tor
1910. The meeting was held in the
speakers private dining room on
the house side of the capitol with
John K. Slear of Charlotte, presl-
dent of the club, presiding.
Other officers of the group pre-
sent were Harvey Lupton of WIN
ston-Salem and Hand James OF Lau-
rinburg, vice-presidents; ] &.
Butts, treasurer; Miss Mary Hoke,
Wilmington, secretary; Laurie Har-
din, Waynesville, sergeant at arms;
and a steering committee composed
O. Miss Jane Pratt of lexington;
Miss Johnnie Mabry, Albemarle;
Miss Catherine Harding of Wash
lngton and Wesley Mcdonald.
The Wilmington morning star., 1940-01-19
MURPHY, JACKSON
TAKE new POSTS
rR. Watches Them Sworn
n As Justice And At
torney General

-,cu1EGTON, Jan. 1S.-RI-
nresence of President Roose-
'A u. officials high in the govern
"n and friends, Frank Murphy,
'is associate justice of the supreme
IL" took the oath OF office today,
coN .bo same time r bert H. Jack
~ was sworn in as attorney gener-
al.
Tho ceremony took place in the
roor, where the President has
study on the second floor of the
White ny House. Mr.. Roosevelt told
WI, of them of the satisfaction it
~. him to have two very old
Si,nds move in to higher offices in
government services. He con.
n-a+rIated each on services already
warmed for the government and
country.
..rr- from the position of attorney
neral and Jackson succeeded Muir
CIV one.time governor of Mich.
gan, ~
c+or,ev Reed, associate justice of
tho supreme court, who perform
~ a similar function when Murphy
bocare attorney general. Once again
,rnrnhv held his hand on an old,
rat+ered Bible, given to him by his
motber when he graduated from
biab school. The worn leaves were
sensrated from the binding.
Iudge Francis Biddle, who is leav-
ing the third circuit court of appeals
N take over Jackson's old duties as
solicitor general, watched the cere
monv. He vas to nave teen sworn
al the same time but decided to
wait until next week because his
family could not attend.
The President injected a touch of
hrmor by having Murphy and Jack
SON sign a certificat. swearing that
they did not pay any money for
their jobs or promise to pay any.
In a statement issued last night
on the eve of his departure from
the Justice department Murphy den
led "insinuations' that he had "sur-
pressed possible proceedings against
Mayor Kelly of Chicago, Mayor Ha-
cue of Jersey City and other poll
teal leaders,
The Wilmington morning star., 1940-01-19
duP ont Factory Blast
Put Down As Accident

GIBBSTOWN, N. j., Jan. 1S.-
H-Explosion Of three tons OF
nitro = %glycerine at the Rapaupo
plant of the DUPONT powder works,
killing two men and injuring five,
was put down today as an accident.
"I see no reason to suspect sabo-
tage," declared Colonel Mark o.
Kimberling of the state police.
That possibility drew attention of
both state police and the Federal
Bureau of Investigation Immediate
ly after yesterdays mid-morning
blast. The dupont company manu-
features war materials at some
plants.
The explosion shattered windows
and Jared buildings for miles
around. Thousands in Philadelphia,
10 miles north, rushed from homes
and buildings fearing an earth
quake.
The Wilmington morning star., 1940-01-19
Contractors Win Suit
Against Gulf States

RALEIGH, Jan. 18-(R-Special
Master ". B. Duncan has decided
that two contractors on the Abe
marie Sound bridge were damaged
$37,S35.66 by failure of Gulf States
Creosoting Co., to deliver %creosoted
pilings at the time contracted.
Duncan filed his report today in
U. S. district court here for judg-
ment. He was appointed by Judge
I. M. Meekins to hear facts in the
case.
The ruling was in favor Of Tide
water Contraction Corp, and T. A.
Loving and Co., builders of the
three mile span between Edenton
and Plymouth. They sued the creo-
sote firm for 5 10000, claiming they
were damaged that amount by fail
ure to receive creosoted pilings on
September 10, 1897 as contracted.
Filings were not received until the
summer Of 1888, they said.
The Wilmington morning star., 1940-01-19
BRITISH TOBACCO
MOVE IS STUDIED
Embargo May Prevent Elk.
ercising OF Options
On u. S. Weed

WASHINGTON, Jan. 1s-R-
Agriculture department officials said
today that British action in impos-
ing an embargo on American to-
bacco might prevent British buyers
from exercising an option on about
ITS, OO0 600 pounds of tobacco being
held for them.
Great Britain normally is the
number one export market for
American tobacco.
When the war started, the British
government placed restrictions on
imports Of American tobacco in a
move to conserve that country's
foreign exchange in this country
for the purchase of war materials.
This action caused a sharp slump
in prices of American tobacco.
The government, in a move to
bolster the markets., authorized the
Commodity Credit Corporation to
make loans to British manufacture
ers or their domestic representatives
for the purchase of the portion of
@AS OoN CO4p 1lO4 111o11y CdhOI Ny
them. This tobacco was bought and
stored in American warehouses.
Purchases included about LIE, 00o,-
900 pounds of f1ue-cured and about
100000 pounds of dark types of
tobacco, officials said.
The British buyers were given
options in this tobacco, extending
until July 1, 1871, on the flue-cured
and October 1, 1881, on the dark
types. These options, for which the
buyers paid approximately $3.50 per
100 pounds, gave them the right to
buy all Or any part Of the tobacco
if and when exchange became avail
able to them.
Officials said that unless the en-
barge was lifted before the options
expired, the American government
would find itself with the unsold
tobacco on its hands.