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Abilene Morning News, The (Newspaper) - June 10, 1927, Abilene, Texas West Texas Own Newspaper THE ABILENE MORNING NEWS ITHER fait iday portion Saturday VOLUME 1 Price 5 Cents FRIDAY JUNE NUMBER FLOOD WATER USES ALARMS CHAMBER Foremost Citizen MORGAN TO RAISE 30 MILLIONS FOR MARLAND Failure To Declare Divi dend Explained Compi lation Given Of Quarterly Statement By The Associated Press NEW June Morgan Company will head a syndicate which will offer a issue of 5 per cent serial gold notes of the Mar land Oil it was announced today by Do remus The notes are due serially from 1929 to and are priced to yield per cent for the 1929 per cent for per cent for and per cent for the 1932 Associated with Morgan Company in offering the issue are the Guaranty Company of New First National Nation al City and Smithers Marland Oil Companys failure to declare its quarterly dividend of was explained by Mon vice president and general manager of Marland of as partly due to lower prices for crude oil bat more largely springing from the companys new policy of charg ing off all intangible drilling and showing nothing except what is on the Income Figures The Wall Street of New states that for the first quarter of on a production of barrels of crude oil net a Marland reported gross income of j This compares with in the first quarter of when production was approx imately barrels Owing to heavier drilling costs CHANBERUN AND LEHRE ARE SEEN AS MODELS FOR NATION IN OVERCOMING ITS TROUBLES Foreign Minister Stresemann Greets Americans In Speech Showing Depth Of German Enthusiasm Over Flight BY KNICKERBOCKER Universal Service Staff Correspondent June and Levine should be the models for the German Their accomplishment should teach Germany how to overcome her In these Foreign Minister Stresemann today greeted the American fliers in a speech which came nearer to expressing the depth and intensity of Germanys enthusiasm over their Stresemann delivered his at luncheon at his villa Wilhelmstrasse in honor of Cham berlin and At the conclusion of the lunch Stresemann presented each flier with a gold cigarette Every said Strese we see thousands of Amer icans We are delighted to see They come on wonderful go from the ship to the rail road from the train to an and from the automo bile to the Your trip was not so comforta You traveled without and trusted It per a happy stroke of destiny that you learned Ger man city for the life Imposing Progam In Store For Young Citizen 1 Of United States BY DAMON RtJNYOK Universal Service Staff respondent June young Charley at this moment the foremost liv ing hits Washington Coolidge Salutes As Warship Passes In Review Off Virginia Coast nations capital has its trigger finger trembling on a olast that is calculated to blow Proposed Revision Would Do Away Vfith Ad Val orem Tax Colquitt Is Made Chairman and outlay expenses to obtain the says the and owing to lower prices for crude in the first quarter of net income was reported as in the March This was after 1 deducting for depreciation and depletion and deducting a fur ther charge of for socall ed intangible drilling costs in the The Iconoclast compila tion gives current in cluding bank as on March 31 while current as By The Associated Press June A cen tral committee of six to seek out a definite plan of operation for the state tax survey commission was appointed late first day of a two day conference on means of relieving the state tax system for relief of property tax payers now claimed to be bearing an unfair Senators Witt and repre sentatives Teer and San Antonio and of the University of were named by former Gov ernor Appointment cf the committee came after discussing of whether the commission should study costs of governmental tax and other pertinent mat or whether the commission of 15 should be split up into five sub committees and each assigned a particular phase to Chairman Colquitt who intimated that he might resign active parti cipation in the work submit ted a lengthy and thorough analy sis of the tax going into detail on costs of how most of such are met with ad valor em and how the amount of revenue from intangible and cor porate wealth is disproportionate including materials and with that from real Ad were given as comparing with on Jan uary Inventory values in crude and refined oil on March were given as Brandon To Head Good Road By The Associated Press June re port of the nominating committee naming former gov ernor of president for next yeai Ben Paulen of first vice and Roun tree of to suc ceed himself as managing director was unanimously adopted at todays session of the good roads conven Ads phoned in Friday morn ing before 12 will be publish ed Friday afternoon and Satur iy as one this giving you two days advertising at one Now Is the time to rent your home for the or to sell your open fishing re camping or to get jobs summer repair Phone 3067 want ad and place your valorem revenue was shown to be about fifty per cent of all taxes The report was held for further study and The appointed by Gov ernor Moody under authority of a resolution passed by the fortieth legislatures regular is to make a thorough study of the tax with a view to revisions which can be enacted if Represen tative Stevensons proposed con stitutional amendment is adopted in August by popular Stevenson proposes to so amend the constitution that ad valorem taxes for state purposes can be using the remainder only for county Wichita Falls Man On Rotary Board By The Associated June thur Sapp of was unanimously elected president of Ro tary International Rufus Chapin of Chicago was elected treas The following directors were elect ed for the United States Mew York Walter Wichita Texas Leon ard Ohio Norman and Cornelius Garrison of SIX HURT AT DALLAS By The Associated Press June men were two when a freight elevator in a warehouse here crash ed Into the basement from the sec ond floor the skyscrapers of the great but where few Strong Heart Important In the newspapers of another I read the somewhat jeal ous criticism that Americans have the strongest machines and the strongest I do not know that is More im portant than strong motors are strong It is for down right satisfaction that your flight shows how human beings can con quer for machines ought never to have power over We ought to have power over First comes strongheartedness and warm blood our first greeting is to your characters and Beyond I want to see in your visit to the symbol of con nections between our peoples na You have given proof what hu energy can do to overcome torms and Storms and weigh upon Germany We also must prove what human capacity can do against So we greet in you the personal life and energy for should be a spur to the development of the life and energy of our en tire In this I greet personally our young American American Ambassador Jacob Schurman thanked the foreign min ister Chamberlin and Levine both said Thanks very By Universal Service June Chamberlin mac Do not think I exaggerate on the side of enthusiasm when I speak of Young Charley Lind bergh as the foremost tc There is no doubt about is our characteristic forgetful you may hear someone feller who flew acrost to Paris spell his last Now Citizen 1 But as these lines are young Charles Lindbergh Is citizen 1 of the first in in terest and in the affections of his The president of the 2 for this particular waits to grab young Charley Lindbergh Coolidge and aboard the were witnessing manuevers of the Atlantic fleet off Hampton as these photos were The president is saluting a passing equally trim in her yatching gazes eagerly out over the and Levine fly back to New See CHAMBERLIN Page 4 Roy Carpenter Is Found Not Guilty In Murder Case July After deliberating 45 minutes the jury trying Roy Carpenter on a charge of murder in connection with the death of Bud Thompson in Throckmorton county in returned a verdict of not guilty at this The case was transferred here from Throckmorton where the first trial ended without a verdict when the jury was unable to The trial here was before Judge Bruce Atlanta Banker Heads Kiwanians Associated Press June Atlanta was unani mously elected president ofKiwanis and Seattle was picked as the convention city at the closing session of the annual inter national convention here William Alexander of New York and Fred Page Higgins of Toronto were elected vice By Universal Service ABOARD THE CRUISER June expect to fly the Spirit of Louis from Washington to New York on said Colonel Lindbergh tonight to Universal The plane will be assembled by the navy at Washington at Boiling I The boy coming out in Colonel Charles Lindbergh as he nears With the cruiser Memphis making about 22 knots an hour and due to reach the nations capital exactly on sched uled Lindbergh shows signs of really enjoying himself for the first time since he alight ed from the Spirit of Louis at Le Bourget by the congress and cabinet officers stand ready to hold young Charley Lind berghs or his and members of the citizenryatlarge are preparing to poke elbows in one anothers ribs just to get a mere peek at young Charley out through the United States some oth er folks will be reading and talking about young Charley and joining in at in the greeting to him as he lights the scout cruiser Memphis at the Washington navy yard So I and challenge con that young Charley Lind See LINDBERGH Page 4 AMUNDSEN THROUGH WITH EXPLORING June and Hoy De ar rested here last night for the murder of four men in connection with the holdup of a train in Oregon four years ago will be arraigned be fore a United States commissioner Postofflce Inspectors are on their here from Washington to file charges against them for robbing the After this charge has been they will be taken to for hearing hi fed eral court for an order of removal Bonding Company Agents Taken To Jail In Dallas By The Associated Press June by Indictment with kidnaping Mil ton Shafer and Fred agents of a Los Angeles bonding were behind prison bars here Thursday while their attorney sought a means to obtain their They were brought back to Dallas from They are alleged to have kidnaped Compton here Monday night in an effort to return him to where it is charged he is a having jumped a Compton is still in jail at Brown wood but an instanter witness at tachment was Issued here Thurs day will be delivered to the Brownwood sheriff this fBy The Associated Press June Any traveling that Captain Roald Amund conqueror of the North and South may do in the future in the far north will be with a gun and a he declared here today as he embarked for Japan on a lecture Exploring will all be done from the air in the he I am too old to take up flying and I do not intend to start anything which I cannot carry out My trip on the Norge wac Commander Nobile was a flier I am an We did not see things The dirigible Norge in which Amundsen and Nobile flew from Spitzbcrgen to last hM been sold In Italy for It cost Harry Leahy Files Appeal By Traversal Service June convicted slayer of aged Mathis and sentenced to the electric chair by a Williamson county today be gan his final fight for life when he filed an appeal in tho court of a new trial in Williamson officials indicated tonight the gov ernment will ask it be set at 000 Charges of murder also face the men on their return to Heavily Guarded The 27 year old were held incommunicado through out the day in city jail A heavy guard has been thrown about the Both declared today would waive formal that they 34 YAQTJTS KILLED June four Yaqui Indians and three Mexi flghting near reports to the Herald The In command of General met and dispersed band of 150 arrested both admitted their By a queer quirk of Hugh De their went on trial at Jacksonville Saturday for his part in the arrested at his home here he had been living with his a bride of a told fed eral officials if he had had a chance he would have killed them be cause he knew what was ahead of If I had got a I would have killed you and then my My life is worth nothing to me federal ofucials quoted him as He had assumed the name of Clarence Roy arrested at an employment agency when taken to police head quarters for booking said It looks like some of you guys are In for a Biff Reward Offered Rewards totaling for the arrest of the men had been Rays wife whom he married at was prostrated when she learned of her husbands ar He never had revealed his identity to When an officer came to the home last night he told her he was an insurance ad Sec DZ AUTIvSlVIONTS Taie TEXAS WHEAT CROP ONLY 41 NORMAL Extremes Of Elements Cause General Detriment To Farm Operations By The Associated Press June Drought and heavy rain falls in different parts of the important farming re gions of the combined with cold have been detrimental to farm operations and growing A decline of approximately bushels in the indicated win ter wheat crop was shown today in the department of agricultures June crop report which placed the wea at ft nrpduction of this yearv nasea on winter almost 000 bushels less than was harvested last Continued the report have seriously delayed corn plant ing in nearly all sections of the corn belt where seeding usually is about completed by June This year up to June only one quarter of the intended acreage had been planted in some one half in other sections and in other areas the planting was much later Issue Of Irrigation Waterpower On Colo rado River Is Coming Before Meeting A ma twt tban still be it and the increased price of corn may stimulate planting in the South and in other sections where conditions are The June 1 figures placed the condition of winter wheat in Texas at 41 per cent of a and lie indicated production at 000 In Nitro Explosion By The Associated Press June oil well workers were killed instantly and 20 other persons two when 400 quarts of nitro being hauled in an auto truck to a storage ex loded on the main highway at Lick near here The dead are Frank river of the and Victor Cox his both of Oil The terrific blast destroyed three louses and damaged several others in the village of Lick Edward Redeig and her among the six more seri usly injured in a hospital are expected to The explosion occurred when a ear wheel of the truck slipped from he concrete highway into a small ly expected future of all Texas and particularly of West as President Haynie of West Texas unamtttr or Commerce es will be laid before the new directors of the West Texas Chamber at their first quarter ly meeting next at The directors will be asked to adopt a addressed to the State Board of nto a mud At Worth Convention By Thn Associated Press FORT June ive hundred out of town delegates rought the total registration at the 3th annual Christian Endeavor ate convention to more than ere Group conferences occupied the morning while denomina onal conferences were on the after oon governmental policy be adopted of giving preference to irrigation and municipal uses over power de velopment and all other pur Cause of Action The proposed resolution is prompt President Haynie said yester by two things by the board of water engineers of the San Saba district irrigation proposing the erection of a dam across the San Saba a tributary of the and the impounding of acre feet of water with which to irri gate earlier granting of a permit to the Syndicate Power Company of Dallas to construct a series of dams across the Colorado in the vicinity of for power develop ment The power belonging to the Samuel Insull proposes to develop from three Nine years time has been given in which to complete this project and the amount of rcater said is acre feet And that he ap BYRD IS PLANNING ROUND TRIP FLIGHT By The Associated Press NEW June The New York American says Com nander Richard who flew ver the North is planning a ound trip flight to Paris in the At most his stay in the French the paper scarcely more than will be 12 Just proximately equals the total average annual runoff of the Colorado which means there will not be a drop of water left for any irrigation projects on the Why Rejected Manager Homer Wade of the West Texas Chamber of Commerce is informed that the San Saba peti tion was rejected on the ground that all waters of the Colorado have al ready been In addi tion to this project there are four others in various stages of prog ress the San Bal linger and all depend ent flood waters of the Colo The Brownwood consti tuting the largest of proposes to dam Jim Ned creek and Pecan bayou below their junction with the main river for the impounding of acre Preliminary hear ing on May 31 developed determined opposition from the Syndicate Power Company and rice growers on the lower end of the resulting in a postponement to June 22 in order that more data may be The directors of the West Texas Chamber of Commerce will be asked to get in squarely behind San Saba and petitioning the state of Texas to follow the policy already set down by the United long enough for Byrd and his com panions to rest and have the planes gasoline tanks JOHN FAMOUS ACTOR SERIOUSLY ILL SAN June was pronounced grave today by although better than last night when he suffered a re He was taken ill in about 10 days ago with arth and rheumatic the disposal of surplus public agriculture and municipalities shall come ahead of power With abundant supplies of natural fueJ oil and lignite in wa terpower is not at least at the sacrifice of Brownwood Men Here Haynie and Manager Wade were in ailday conference here Wednesday in the and deemed It so important that tlwy sent word to Brownwood asking that a delegation of cttticns Interested in the Brownwood project to Abilene for Tour See HAYNIE fmfc 4
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