Henderson Daily News (Henderson, Tex.), Vol. 8, No. 5, Ed. 1 Thursday, March 24, 1938 Page: 6 of 10
This newspaper is part of the collection entitled: Rusk County Area Newspapers and was provided to The Portal to Texas History by the Rusk County Library.
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HENDERSON DAILY NEWS, HENDERSON. TEXAS
•AGE SIX
THURSDAY AFTERNOON, MAR. S4, IMf
^Stocks Qo Up Today After Early Selling Sends Market DownA
U.S. TREASURY
Latest News
DISAPPOINTED
q
' YOUTH'S DEATH
Continued From Page 1
SPOONER,
24
WARM SPRINGS,
Ga.
$14,372.79
>
lie office
o--
Chicago Produce
k
of
small net loss near
Omaha Livestock
<
Selected Stocks
New York Cotton
-o-
Cottonseed Oil
which
New Orleans Cotton
24.
ton —
per
seed,
ger
meal
Fort Worth Produce
w.
hens
17-24;
Fort Worth Livestock
Kansas City Livestock
on
)
Markets at a Glance
In
and
Chicago Grain
Fort Worth Grab
. ■..
A Game of Skill—
That** Stud Poker
John Ceasor to Face
Texas Murder Charge
Council Takes Over
Duties of CIO Head
Patent for Plane
Motor Is Granted
■
RICHEST PRINCE OF
INDIA DIES LEAVING
UCOUNTEDFORTUNE
Jap Says Expansion
Of Navy Unnecessary
Drunk Escapes Jail
Gets Intoxicated
HIGHWAY SAFETY
DEVICES WILL BE
INSTALLED SOON
HELD FOR $14,372
BANK EMBEZZLEMENT
Stocks irregularly higher
quiet trade.
Bonds irregularly higher
fairly active.
Curb stocks Irregularly higher.
Foreign exchange steady.
Cotton firm.
Wheat 3-8 higher; corn up 1-4
to 3-8.
High
880
882
868
874
880
882
six
to
E. Woodend, turned broked when
he induced his bride to buy him a
seat on the stock exchange,
reputedly made an even
reported
the
Studebaker 4 8-8
Bwift & Co 16 1-8
Texas Corp 36 7-8
* Sh 8 1-8
Ltd B
37
63 1-8
FORT WORTH, Tex., Mar. 24
(UP) —Produce:
Poultry—Fryers
10-14; turkeys '1-17.
Eggs—No. 1 candled 4.20 1 30
per cuse.
Butterfat 21.
July „..
Oct. ....
Dec.....
High
890
878
886
890
894
Carlisle Band Is
Ready for Contest
CARLISLE,“m77 24. ■
interest has been created
approxi-
200,000
low 100-102.
Kaffiv 2 white 99-101; 1 white
M-M.
Low
889
870
875
880
883
Close
889
874
880
884
886
did
of
under
TOO LATE TO CLASSIFY
LOST: Book cf checks on J.
E. Crockett, Contractor,
ward. Phone 469-J,
Close
876-T
881-82
861-62
867- T
873- T
875- 7’
8.67;
Re- .
S-7>
Contempt
(Continued from Page 1)
, silk stocking cost as
6 a pair.
£
NATIONALISTS I former convict is
FORGE AHEAD
TOWARD BORDER
ARAGON FRONT, Spain, Mar.
24 (UP).—Nationalist forces cap-
tured dominant positions along
as
of
| PRESIDENT WAITS
RESPONSE OF SOUTH
IN WAGE PROGRAM
Am Pw & Light 4
»'♦ Am Rad & SS 10
-
FORT WORTH, Texas, March
24 (UP).—Cash grain:
Wheat 1 hard 102 1-4-104 1-4.
Corn 2 white 73 3-4-74 3-4; 2
yellow 70 3-4-71 3-4.
Oats 1 red 40}-41i; 3 red 39}-
■y. United Press
Allied Stores 5 7-8
Am Can 81 3-4
40}.
Barley No. 3, 88-87; No. 3. 83-64
Milo 2 yellow 103-105; 3 yel-
QreatBritain
Continued From Page 1
Tax Rate
l Continued from Page 1)
He
nillllun
dollars iji a year, most of it spent.
HOUSTON. Tex., Mar. 24. (UP)
crazed negro today shot and
" ” Palmer,
(B) in
(M) in
FLASHES
AUSTIN, Tex., March 24. (UP)
—Center striping on 1,097 miles
of state highway. 120 flasher type
traffic signal lights and 40 stop-
and-go lights will be placed on
Texas highways as a summer safe-
ty campaign, the State highway
department announced today.
The stripping will be on roads
carrying more than 1.500 vehicles
a day.
Bids will be asked on the strip-
ing. The light installation will be-
gin with a $50,000 appropriation
to be Increased as traffic surveys
indicate a need.
Convenience of motorists will
be served by preparation of a map
showing distances between county
seats and by operating informa-
tion offices at Pecos, Farwell,
Texline, Shamrock, Wichita Falls,
Gainesville, Denison, Paris, Mar-
shall and Orange from June 1 to
Sept. 1. continuous opreation of
information offices at El Paso,
Texarkana and Laredo was ord-
ered.
■
AUSTIN, Tex., March 24. (UP)
—Additional expenditure and
changes in contracts for approach-
es to the New Galveston cause-
way were authorized today by the
State Highway department.
Height of earth approaches will
be Increased; there will be more
protective sodding and more ade-
quate surfacing. The changes will
be made a separate work project
for which $59,121 was appropriat-
ed and $20,850 now appropriated
for sodding and temporary paving
transferred, an added allowance
of $9,398 was made to pay for
work on a dredged embankment
for the east approach of the
causeway due to excessive sub-
sidence that the contractor could
not anticipate. An appripriation
of 820,060 was made to pay for
connections -from highways
and 146 on Galveston Island
the causeway.
and
th* Premier’* sreduUty?
Ings) recovered from its low but
registered a cmc.1! "t 1™ ne-r
the close.
Santa Fe turned a loss into a
gain New York Central equaled
itslow at 11 5-8 and then rose to
12 8-4, up 3-4 net.
Utilities camo back to the pre-
- - Du
In
maharanees.
NEW EXPENDITURES
FOR CAUSEWAY ARE
OK’D BY OFFICIALS
plans overseas
which Japan obviously
object,” Rear Admiral
Noda, chief of the Japanese Infor-
mation bureau, asserted today.
He emphasized that he was ex-
pressing his personal opinion.
Two Americans*Die
In Trinidad Field
appear-
ie running
board as the truck sideswiped the
declared, would
military commit-
Czechoslovakla.
Minister
' Tex G Sul 30
’ Tex Fac CAO 8
Und Eliott 47 3-4
Un Carb 69
i Un Avn Corp 23 1-4
T U S Gyp sum 61 1-8
. V 8 Ind Ale 15
L V S ?<«•! 48 3-4
K. United Corp 2 1-4
Vanadium 14 1-2
Wert Elec 77
Worthington 15
--
|| • New York Curb*
FORT WORTH. Tex., Mar. 24
(UP)—Western Feeders Supply
Company’s cottonseed quotations
(FOB Texas Mills):
Prime loose hulls,
7.00-8. no.
Prime cold-pressed
tor— 20.00-21.00.
. Prime cracked, screened meal
and cake, 43 per cent protein,
per ton — 23.50-24.50.
£ _____ * -------------------------
QUIET TRADING woodsman under
> NOTED IN BONDS, murder charge in
I COMMODITIES
President
affairs in
CHICAGO, March 24. (UP) —
Cnah Grain:
Wheat: 5 rad 79-80, 5 mixed 84.
Corn: 3 mixed 57 3-4 — 69; 4
mixed 54 - 56%; 5 mixed 53%-
64; 2 yellow 60; 3 yellow 67%-59;
4 yellow 66 - 67%; 6 yellow 51%-
64%; 8 white B8%-BB%; 4 white
55% - 57%; Sample grade 40-62.
Oats: 2 white 33-38%; 8 white
82 - 83%; 4 white 81U.
Rye: No aalea.
NEW YORK. Mar. 24 (UP) —
Maria and Tatiana Rasputin
Soloviev, granddaughters of the
of the Russian Monk who was ad-
viser of the Czarist Court, were
barred from the United States
today on the ground that they
“are not bona fide visitors and
are likely to become public
charges.” They were removed
from the liner Andania and held
at Ellis Island when they arrived
yesterday.
.Am Rad A SS 10 5-8
Am Smelt 87 8-4
A T A T 124
Anaeonda 28 8-4
Armour of III 4 1-4
Auburn Auto 8 1-2
‘AvruCorp 8
Bamadall 12 5-8
Bendix Avn 10 1-2
Beth Steel 51 7-8
Butler Bros 6 8 4
Byer*. A M 7 7-8
'Canada Dry 15 8-8
Case, J I 72 7-8
Comw & Sou 11-4
Cons Oil 8
Curtin Wr 8 7-8
Elec Auto-Lite 15 8-4
Elec St Bat 25 3-4
Firestone (Pf) 80 1-2
Foster Wheel 15
Freeport Tex 24 8-4
Gen Elee 33 7-8
Gen Foods 26 1-4
Gen Mot 31 5-8
Gillette S R 8 7-8
1 Goodyear 18 3-4
Graham Paige 1
Gt Nor Ore 10 1 2
Gt Wect Sugar 25
Houston Oil 6 3-R
Hudson Mot 6 5-8
Ind Rayon 16 1-2
■. " Int Harv 60
Int T A T 7
Johns Manv 67
Kroger G & R 14 1 8
KT Liq Cars 14 1-4
Ek Marshall Field 6 8 4
p Mont Ward 31 1-2
b Nat Dairy 12 3-4
Ohio Oil 11 8-8
f"' Packard 4
Penney, J C 63
I Phelps Dodge 22 5 8
Phillips Pet 32 1-2
fe’ Pure Oil 10 3-8
f‘• Purity Bak 7 1-2
9 Radio 5 3-8
Sears Roe 54
Shell Un Oil 18
Socony Vae 13
Sou Pae 11 8-4
S O Ind 27 8-8
SIN J 44 3-4
' I
I
FORT WORTH, Tex., March 24.
(UP) —Livestock:
Cattle 1600; calves 700; fully
steady; steers 8.8 5down; yearlings
7.00-9.00; fat cows 4.25-6.00; cut-
ters 3.00-4.00; calves 4.50-8.50.
Hogs 1100; fully steady; top
butchers 8.60; bulk good butchers
8.45-8.60; mixed grades 7.75-840;
packing sows 7.00-7.25.
Sheep 3400; steady to 25 higher;
spring lambs 8.50 down.
FRESNO, Cal., March 24 (UP)
—John Ceasor, 29, Alias Wiliie
Gentry, awaited return to Texas
today to face murder charge, in
Dallas. Ho waived extradition af-
ter his arrest here yesterday.
Ceasor allegedly killed two men
with an axe at the conclusion of
a drinking party. Local officers
said Ceasor contended that he
struck at the men in self defense.
Cities Sen1 1
Elec Bd * -
“•’ord M___
fiBL„
Lone Star Gas 7 1-4
Wag Hud Pwr 6 1-2
in business as is anticipated by
sponsors of the tax revisions.
The Treasury has estimated
that the President undistributed
profits tax would produce $873,-
000,000 () during the calendar
year 1938, as compared to rev-
enue of $1,541,000,000 (B) in
1937.
Under the bill drafted by the
House, Harrison said, the Treas-
ury estimated that the 1937 rev-
enue would have been $1,429,-
000,000 (B) and in 1938, $851,-
000.000 (M).
The Treasury estimated appli-
cation of the 18 per cent rate
to corporate incomes would have
produced $1,515,000,000
1937 and $948,000,000
1938.
Harrison said that
matcly 130,000 of the *w,wv
corporation returns show net in-
come* of $5,000 and lea*.
WASHINGTON, Mar. 24 (UP)
—A patent was granted today to
William Randolph Cool, Cora-
polis, Pa., Inventor, on a spring-
operated motor designed to pro-
vide an airplane with an auxi-
liary power plant.
The spring motor, according to
Cool’s patent application, can be
hooked up wtih the propellor by
the mere flick of a lever in case
the gasoline engine fails. He said
the spring motor was capable of
propelling aircraft "a limited dis-
tance'1 so as to enable the pilot
to select a suitable emergency
landing field.
I
I
LONDON, March 24 (UP).—
Stud poker, like cricket, is a
game of skill and not of chance,
Police Magistrate Walter Hedley
ruled today in dismissing a sum-
mons against a card club on
charges of gaming.
-----------------o ■ -
TORT OF SPAIN, Trinidad,
March 24. (UP) — Henry B.
Reeves, American oil driller, and
Albert Chadwick, engineer for the
American Petroleum Company,
were killed today when they were
gassed during operations to bring
in a new well. They were over-
come when they attempted to as-
sist a local oil gauger, who also
died from the effects of the gas.
KANSAS CITY, Mar. 24. (UP)
Livestock:
Hogs 1200; no directs, very slaw
uneven, 5 to 15 lower than Wed-
nesday's average; top 9.05; good
to choice 160-270 lbs. 8.85-9.00;
small lots 230-325 lbs. 8 65-8.90.
Cattle 1500; calves 300; killing
classes generally fully steady;
vealers steady to weak; killing
calves steady: Stocker and feeder
steers in slow demand, 25 to 50
lower compared to last week's
close; most sales fed steers early
7.75-8.75; choice medium weights
held up to 9.50; mixed yearlings
8.25; good light heifers 7.65; fat
cows largely 5.25-6.25; few 6.'0;
selected vealers 10.00.
Sheep 5000; very alow, opening
sales lambs 25 to 4 Olower, some
blds off more; early top fed lambs
7.85; heavy kinds down to 7.00;
clipper* 7.25; natives 7.60.
the fires of actual combat. The
• was a test of sup-
and mechanized
observers estl-
has sent 2,000
HOUSTON, Texas, March 24
(UP).—Frank Joseph Agnew, 45,
former San Quentin convict with
a 17-year police record, was held
for California officers today In
connection with a
bank embezzlement.
Agnew is charged with aiding
and abetting George N. Knox, a
cashier, to embezzle the money
from the First National Bank of
Ontario, Calif., last Sept. 3.
---- o----------
Rasputin’s Kinsmen
Barred from States
CHICAGO, March 24. (UP)—
| State and Chicago police today
sought Ralph Roe, 29, and Theo-
dore Cole, 29, who escaped last
December from the supposedly es-
cape-proof Federal Penitentiary
on Alcatraz Island, and were be-
lieved dead.
St. Louis police advised that two
men answering the description of
the fugitives were seen there yes-
terday and headed for Chicago
either In a stolen automobile or by
hitch-hiking.
Alcatraz officials believed the
ttwo were swept to sea by the
strong current in San Francisco
Bay and drowned.
school here.
He denied knowledge of th>3
slaying. He admitted, however,
authorities said, that he had been
,n the Whaley house the night
young Wnshkt'hn was killed.
Ho said he had heard the shot
which killed thej youth just out-
side the house, and that he had
carried him unconscious into the
house.
^WASHINGTON, March 24.
(UP)—Secretary of the Treasury
Henry Morgenthau, Jr., disclos-
ed today that income tax receipt*
so far this month are not up to
treasury expectations.
"I would guess,” Morgenthau
said, ‘ that Income taxes might
run between $20,000,000 and $50,•
000,000 below our estimate.”
He would not disclose the exact
amount anticipated, but it was
generally believed to have been
in the neighborhood of $730,000,-
000.
Because of the deficiency tn
collections, Morgenthau said, the
treasury will borrow another
$50,000,000 through its weekly
bill series scheduled to mature in
June.
So far the treasury has borrow-
ed $200,000,000 in the June series.
Morgenthau, in announcing the
bill borrowing program more
than a month ago, said that the
treasury would borrow between
$200,000,000 and $300,000,000 by
this method.
Morgenthau said the treasury
henceforth would discontinue its
practice of making public tele-
graphic reports on Income tax col-
lections, primarily because they
are inaccurate. V
The treasury’s telegraphic rs- ■
ports from internal revenue col-
lectors of collections for the first
15 days this month Indicated re-
ceipts 18 per cent ahead of last
year. These reports Included
amounts actually deposited in
treasury accounts with Federal
reserve banks and estimates of
undeposited receipts.
Morgenthau said the trouble
was that many internal revenue
collectors or their aides failed to
make sufficiently accurate esti-
mates of undeposited amounts.
According to the treasury dally
statement of March 22 Income tax
collections totaled $669,638,631
for the first 22 days of March
against $637,670,710 in the cor-
responding period last year. Mor-
genthau said that although the
income tax collections this month
would be below estimates they
still would be higher than last
year’s receipts, which totaled
$700,000,000 for March, 1937.
McNutt Returns to
Manila by Clipper
L, March 24
(U1 )—American High Commis-
sioner Paul V. McNutt, former
Indiana governor, returned hero
today on the Hawaii clipper .if-
ter a trip to Washington where
ho conferred with ~
Roosevelt regarding
the Orient.
NEW YORK, March 24. (UP)—
Cotton futures closed steady.
Open
Jan..... 878
Mar 39 880
May .... 865
873
877
877
— Much
----- —_J among
Carlisle Band members and re-
ports are that the band is ready
for the Henderson Band Contests
that is to be held April 8-9 at the
Henderson High School.
At the present, the band Is
working on numbers required by
State Contest officials and also
solo and ensemble numbers that
is also a unit of the meet.
Soloists from Carlisle include
Robert Monzingo, clarinet; Jack
Monzingo, cornet; Billy Sellers,
cornet; and Claymon Trammell,
cornet. Ensembles will be made
'ip of trumpet quartets and trom-
bone quartets.
Besides concerts and solo num-
bers, the band will enter march-
ing contests.
Low
877
875
857
862
867
870
Spots steady, middling
sales none.
of Tn-
soldier, statesman, sports-
nearly 1,700,-
the owner
nlleetion of i
...I.I .. "'.Ohl |
’ i killed Policeman M. E. Pain—..
I’a i then apparently killed himself.
of Palmer Has shot once through tL..
11 ' \ He uus pronounced dead
,_______ t a hospital.
The negro was Identified as
Light Zine, 40. It was reported to
police that he was demented.
Palmer and another officer, H.
D. Roberts, responded to a cull
from a negro woman who said her
husband was ‘‘acting funny,” and
had locked himself in their serv-
ant-quarter home.
OMAHA, March 24 (UP)—Live-
stock:
Hogs 2500; 100 direct; very slow
opening trade around steady with
Wednesday’s average on 220 lbs.
up, 1 Oto 20 lower on light weights
packers Inactive, top 8.90; early
sales good and choice 170-270 lbs.
8.80-8.90; 270-325 lbs. 8.60-8.85.
Cattle 3000; calves 300. fed
steers and yearlings slow, a few
early sales medium to good year-
lings and light steers about steady;
undertone weak to lower; she
stock barely steady; vealers fully
steady; stockers and feeders very
scarce, setady; early sales of fed
steers and yearlings 7.75-8.50; few
loads held higher; good to choice
heifers 7.02-8.00; practical top
vealers 9.50.
Sheep 4500; fat lambs slow, with
early undertone 15 to 25 or more
lower; asking steady; slaughter
ewes weak; feeding lambs weak:
scattered bids on fed wooled lambs
to 8.00; best fed ewes held above
4.50; deck 74 lb. shearing lambs
7.90.
CAMDEN, N. J., March
(UP)—James Fitzgerald, serving
six months for intoxication, slip-
ped out of the Camden county
jail at the end of his third month
and dashed to a place near to his
heart—a corner saloon. He was
found there two hours later in
such a state of intoxication that
he battled 12 policemen for 30
minutes before they could drag
him back to Jail.
CHICAGO, March 24. (UP) —
Produce:
Egg market unsettled; receipts
29,524 cases; fresh graded firsts,
cars 173; less than cars 17}; extra
firsts, cars 18}; less than cars,
18}; dirties 151; checks 14J; cur-
rent receipts 16J; storage packed
firsts 19}; storage packed extras
19}.
Butter market weak; receipts
716,008 gross lbs. Extra firsts 29;
extras 29}; firsts 266-274; seconds
23-26; specials 293-30}; standards
291. cent. 27}.
I'oilttry market firm; receipts 1
car, 28 trucks; ducks 18-22; geese
14; hens 19-23; spring chickens 23-
26; leghorn hens 21; roosters 13};
turkeys 15-25; broilers 23-24; fry-
ers 23-26.
Cheese: Twins 141-14}; daisies
143-15; longhorns 14J-15:
r ne rresment was having a
comparatively easy day at Warm
IJ n m 4 * a I 4. . J ____J_ _ •
tomorrow recommendations
immediate steps- to remedy
critical financial condition
railroads
Drivers of all public vehicles
and motor trucks in France must
tub.nit to • physical examina- i
Uon.
"We are making an honest ef-
fort to insure fair gas rates for
the people.” Terrell said.
Assistant Attorney General
Madden Hill informed Judge
Thornton that all defendants to
the contempt citations, namely,
C. P. Reming, W. E. Caldwell, S.
C. McIntosh and F. M. Shaw, had
been served with the citations and *
were present In court.
"This court assumes that each
of the defendants is advised of
the contents and scope of the tem-
porary restraining order hereto-
fore issued by this court,” Thorn-
ton stated.
“However, since the Fifth Court,
of Civil Appeals has presumably
taken jurisdiction of the matter,
this court is of the opinion that,
it should not proceed until after
the Civil Appeals Court disposes
of the matter before it.”
---—o--------
NEW OILEANS. Mar. 24 (UP)
Cotton futures closed steady.
Open
Jan..... 890
May .. 878
July .... 884
Oct..... 886
Dec. 888
Spots quiet, middling 8.83; sales
841.
FORT WORTH. Texas. March
24 (UP).—Cotton sales none.
Middling cotton closed here todu
Middling closed here today at 8.24.
HOUSTON, Tex., March 24
(UP) — Middling cotton closed
today at 8.45.
Italy
Continued From Page 1
Nation’s war chest when Mus-
solini began Ethiopian adventure.
More than any other major
power in Europe. Italy has been
able to test her military theories
I" — - • - -
Ethiopian war
ply, aviation
forces. Foreign
mate Mussolini ____
planes to Spain to aid Rebel Gen-
eralissimo Francisco Franco.
Italy Is more than a "boot In
the Mediterranean” now; she Is
an empire, and to protect that
empire she Is expanding her armed
forces to challenge Britain’s dom-
inance along the water route that
Italians call "Mare Nostrum”—
our sea. Apparently most of her
reliance will be placed on air-
planes and submarines.
Conservative observers say that
Italy now has 5,000 planes, 2,000
of which are transports and
auxiliary ships. The Air Minis-
try has 5.300 pilots in active
service and 9,000 more trained
fliers could be called out on a
day’s notice. By 1941, according
to trustworthy information, Mus-
solini expects to have 5,000 com-
bat planes in service, most of
them high-speed, long-range
bombers.
Particular attention Is being
paid to submarines, apparently on
the theory that they are formi-
dable weapons in the calm Medi-
terranean. She has 120 in service
already and by 1941 will have
170.
The Nation now has 600,000
regular troops under arms in
Italy and the colonies. In addi-
tion. there are 200,000 armed
militiamen available. Back of
that is a vast trained reserve of
5 500.000 and by calling up fresh
classes of recruits, Mussolini
could add another 1,000,000 to his
legions. Italians under Fascism
begin marching and drilling as
early as eight years of age and
no youth ever gets entirely away
from the martial spirit.
During the current financial
year Italy will place under con-
struction 260,000 tons of fighting
craft. Including two super-dread-
naughts of 35,000 tons each,
which for n time at least prob-
ably will he the most powerful
fighting ships in the world.
Italy’s regular defense budget
for the current fiscal year Is
$305,000,000, but the Government
would not hesitate to call for a
special appropriation if needed.
Civilians have not been forgot-
ten In the midst of all this war-
like preparation. The Government
is storing cereals as insurance
against possible bad harvests. Use
of coal, a precious commodity in
this Nation, is being reduced by
electrification of railways. and
industry. .Within a few. years the
Nation Expects to manufacture
synthetic rubber and cellulose and
artificial wool already 1* being
made from milk. Scientists are
trying to find substitutes for oil
and war materials, but much work
remains to be done.
The National Air Defense has
taken a census to determine which
resident* shall bo allowed to re-
main in large citie* during air
raids. AH other* have been in-
structed when aad bow to leave.
Probe
(Continued from Page 1)
“many of Hie things of which
Dr. Morgan complained may be
covered up or whitewashed.”
.An attempt to gPt immediate
consideration of the Bridges.
Ring resolution was blocked yes- J
terday. Immediate action
some resolution was probable,
however. Late yesterday the Sen-
ate audit and control committee
reported one by Sen. George W.
Norns, Ind., Neb., proposing
the appropriation of $50,000 foe
an inquiry of TVA by five sena-
tors.
Congressional leaders are con-
niitted to a joint House and Sen-
ate investigation. Senate Major-
ity Leader Al ben W. Barkl ey
said that he would introduce a
resolution calling for five mem-
bers from each House, possibly
as an amendment to the Norris
resolution.
Among the subjects on which
the Norris resolution would re.
quire investigation are:
Whether the TVA is carrying
out the net with reasonable eco-
nomy and efficiency; whether th*
work has been handicapped by
the internal fight among board
members; whether any member
of 'he board has given aid to
private power companies; and
whether public interest* bav* •
been jeopardized.
Lovelady Man Killed
In Highway Accident
LOVELADYTTmc., March 24
(UP)—John Lassiter, 45, of
Lovelady, was killed today by a
truck which knocked him off the
running board of his auto. Lassi-
ter was pushing his car, ______
had run out of gasoline, onto the
highway when the truck
ed. He Jumped to thi
machine.
WARM SPRINGS, Ga., Mar.
(UP)—President Roosevelt await-
ed in the “Little White House”
today the response of the South
of his denunciation of legislative
opponents of his wages and hours
program.
Observers—Cognizant of the
militant opposition among South-
ern lawmakers in Washington to
the wages and hours bill were in-
terested in the extent of the re-
action to the chief executive’s
position, stated in blunt language
yesterday in a speech at Gaines-
ville, Ga.
"To those in and out of pub-
lic office,” Mr. Roosevelt said
“who still believe in the Federal
system--and believe in it hon-
estly—the people of the United
States and in every section of the
United States are going to say
‘we are sorry, but we want peo-
ple to represent us whose minds
are case in the 1938 mould and
not in the 1898 mould.’ ”
The President was having
(-----—:
Springs. He anticipated receiving
for
the
of
from $10,090
be imposed
$8,500.
The $8,500 would be subject to
the tax rate of 18 per cent.
Majority Leader Alben
Barkley. Dem., Ky., and Senators
Tom Connally, Dem., Texas,
Robert J. Bulkley, Dem., Ohio,
and Robert M. LaFollette, P„
Wis., voted against elimination of
the undistributed profits tax.
With the full committee in at-
tendance, there were 17 votes In
favor of the elimination.
Harrison said that 18 members
of the committee favored the 18
per cent rate; one voted for an
18} per cent rate; and one for a
17 per cent rate.
Harrison said that the credit
system for small corporations de-
vised by the Senate committee
would be of more benefit to them
than the "notch’’ system used in
the House bill.
The committee chairman said
that estimates given by the
Treasury were "cold” in that they
made no provision for a pick-up
TOKYO. March 24. (UP) —
The proposed United States naval
expansion program is unneces-
sary unless the American nation
operations, "of
is one
Kiyoshi
NBW YORK, March 24 (UP).
«—Stocks turned up today after
•arty marginal selling carried
averages to new lows since 1935.
A better tone accompanied by
quiet trading also was noted in
th* bond market nnd in most
commodities.
The stock market turned down |
hl the first hour, but came back ,
Finance Com-
undistrib-
from the j
WASHINGTON, Mar. 24 (UP)
—Director John Brophy of the
Committee for Industrial Organ-
ization said today that the Texas
Stae Industrial Council has
taken over the duties of Barney
Egan, CIO regional director st
Houston, because of "Juplica-
tion of effort.”
Brophy said that he assumed
Egan would resume his work as a
irinter.
Brophy there was no dissention
over the Egan removal but that
“where we can build up the state
councils to take on the unctions
of the regionrl director’s office,
we want to do it.”
nevertheless
the possibility
; to war
the railway to Lerida today
they drove east and south
Huesca on the northern Aragon
front, toward the borders of
Catalonia.
Moving south from Huesca to-
ward Tardlenta and southeast to-
ward Granen, they reported an
advance of approximately eight
miles in the triangle forced by
those cities. Barbues, 10 miles
east of Tardlenta. was occupied
at 11 a. m.
Other Nationalist units operat-
ing southeast of Tardlenta occu-
pied Baladota and other positions
dominating the railway to Lerida.
With the cooperation of artil-
lery and aviation the Nationalist
infantry and cavalry resumed
operations to widen the field on
the left bank of the Ebro River
and progress along a secondary
road to Venta De Santa Lucia,
half way to Bujaraloz which is
just outside the Catalonian bor-
border.
Nationalist sources
that the crossing of the Ebro
River on the northern Aragon
front yesterday might be a de-
cisive blow. Unless the Loyalists
can push up both reinforcements
and material the Nationalists
were in a position to add strategic
points to their front lines.
fact from the old alliances
pre-war days.”
Britain, he
make no new
mentr towards
The Prime Minister empha-
sized the necessity for extensive
British rearmament.
“The size and strength of the
forces we build up will be the
measure of the contribution we
make to collective action for
peace, whatever form that action
may take.
“I do not see any object In try-
ing to make a difference between
armaments required for self-de-
fense and armaments required
for purposes of fulfilling inter-
national obligations.
“Until the day comes when the
world establishes an internation-
al police force, we must think
first of the safety of this country
and the safety of the people for
whom we are responsible.”
"The problem for the Govern-
ment s how best, to restore shaken
confidence, maintain tne rule of
law in international affairs, and
seek peaceful solution to ques-
tions continuing to cause axlety.
"It is probable that a solution
of the question of relations be-
tween the Government of Czechos-
lovakia and the German minority
in that country will go far to
re-establish the sense of stability
over an area much wider than
immediately concerned,” Cham-
berlain said.
He then ruled out now com-
mitments towards Czechoslovakia
and said Britain's existing com-
mitments are primarily the de-
fense of France and Belgium
against unprovoked aggression. x
Chamberlain cited further
treaty obligations towards Por-
tugal, Iraq and Egypt.
Chamberlain quoted the former
Foreign Secretary. Anthony Edon,
in disclaiming any pledge by
Britain to go to war for Czechos-
lovakia.
Chamberlain
not preclude I
Britain going
League rules.
Chamberlain said the Govern-
ment had considered "whether to
give France assurance forthwith
that if she is forced to take ac-
tion under the Franco-Czechos-
lovakian treaty by reason of Ger-
man aggression, this country im-
mediately would employ its full
military force in her behalf.
Legal obligations are not alone
involved, the Prime Minister said,
declaring.
"If war broke out, it would
not, likely be confined to those
who Assumed such obligations. . .
The inexplorable pressure of
events might prove more power-
ful than formal annuocmencten
ful that formal announcements.”
He said the British Government
would welcome a conference of
all Nations to discuss matters
which anxiety now is felt.
Britain, he announced, will con-
tinue to adhere to its policy of
non-intervention in Spain.
“The Italian Government now
has asserted again its willing-
ness to assist loyally in execution
of the British plan,” Chamber-
lain declared, "and has repeated
Its declaration that Italy has no
territorial, political or economic
alms in Spain or the Baiearics.”
Chamberlain admitted that
there had been repeated infringe-
ments on non-intervention which
tlie British Government deeply
regretted, “but as serious as these
infringements are, they do not
alter the Judgment of the British
Government that the policy of
non-intervention affords the best
means of avoiding major conflag-
rations.”
Anglo - negotiations, Chamber-
lain said, are progressing favor-
ably. He announced the British
Government had impressed on
Italy that the situation in Spain
should not be altered materially
by Italy’s sending fresh reinforce-
ments.
Clement R. Attlee, labor lead-
er, spoke after Chamberlain, de-
claring that he was unable to see
»ny approach to the establish-
ment of peace on a sound foun-
dation in Chamberlain’s speech
expressed astonishment at
$1,500. This would be subtracted
and the tax would
on the remainder,
vtous close after a decline.
N, Font led a sharp recovery
aiwmlcais.
| ‘ international Harvester had a
rise of more than 2 points. Johns
® Manville rose a point. Oil shares
Were fractionally higher. Avia-
tions gained under lead of Doug-
Ia«, Which, at 39 1-4, was up
Marly a point.
L • Westinghouse Electric made a
MW low at 76 off 3 1-8 and then
r. mads up the loss. Chrysler gained
i niter making a new low. U. S.
Rubber Issues featured a recov-
ery in their department
Wis., March
(UP)—Everett Finn 52-year-old
woodsman, today was charged
wil|) first degree murder in the
slaying Monday night of Ray-
inonu Washkuhn, 17, a Spooner
High School sen:»r.
The charges were filed against
Finn hv Sheriff Robert Willis,
on instructions from Dist. Attor-
ney Sylves C. Johnson.
—ur- . ,, , Finn was arrested after he had
when the Senate nance om | |IP( u implicated in the slaying by
mlttee eliminated the undistrib-j.],!,,,),,. Wh.ilcy, his middle-
,* t»ted profits provision fiom the | 5WPPthenrt. She is a widow
tax bill. I in whose rooming house the slain
Favorable factors Included the , jjvf.(j while attending high
market’s technical position, which ■ - •
traders said was such as to |
warrant recovery.
A few issues made their first
appearance of the year, reflect-
ing the market kieal; since they
last sold. Pittsburgh United Cor-
poration preferred stock showed
• decline cf 44 points at 55. Sev-
eral other Issues registered wide
* declines including Eastman 135
Off 6}; Pere Marquette prior pre-
ferred 18 off .10: a-.d Colonial
Beacon Oil 20 1-4 off 8 2-4.
Leading issues rallied to net
gains ranging to more than a
point. U. S. Steel touched 47 1-4
and then rose tq 49 3-8 up 1 3-8.
Bethlehem at Its high of 52} was
up 2 1-4.
Non-ferrous metal Issues made
■mailer advances. U. S. Smelting
an exception, had a net loss of 2
points after touching 56, off 2}
and ■ new low. American Smelt-
ing (with large Mexican hold-
LAHORE, India, Mar 24 (UP)
—The Maharajah of Patiala, 48,
one of the riche't princes
•lia, a
mini and ruler of
000 perrons, died last night.
'I he Maharajah was
of the world's finest <
emeralds and the world's most
expensive fleet of automobiles.
The gorgeous palaces of 1
tiala are treasure houses
pears, diamonds and emeralds. | chest., L. ____
The total value was unknown, even | upon arrival at
to the Maharajah. He frequent-
ly wote jewels worth $1,000,009.
The Maharajah developed a
great interest in airplanes and
owned 10 of the lutes models. He
vias acknowledged to have been
the test dressed Indian Prince.
He wore drawers of a particular
weave that cost $1,009 per pair.
The Maharajah did not keep an
extensive harem. He had only a
renior maharanee and two junior
Palmer «au shot once through the
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Henderson Daily News (Henderson, Tex.), Vol. 8, No. 5, Ed. 1 Thursday, March 24, 1938, newspaper, March 24, 1938; Henderson, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1331267/m1/6/?q=%22%22~1: accessed July 16, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Rusk County Library.