North Carolina Reports Debt Totals and Reductions
Raleigh December 24 The state tax commission reports North Carolina and subdivisions total indebtedness at 537074601 on June 30 1929 and 539720292 on the same date in 1929 Bonded and nonbonded debt of local governments stood at 375604601 while state debt reached 176165600 Since January 1 1929 the state paid off 6298000 in state bonds 2198000 on general fund debt 3400000 on highway debt and 750000 on school bonds Additionally 1534600 was added to the sinking fund for retiring future non serial bonds.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
State Tax Commission
Wales Honors London Regiment bonds issued during that time
The tax commission report notes a $3,000,000 drop in local government debt over two years and a slowdown in new borrowing. It cites $15,000,000 in bonds by six cities for ongoing permanent improvements and outlines 1921–1928 debt levels, with state and local indebtedness reaching $539,720,392.
MENTIONED IN THIS ARTICLE
General Assembly
Tax Commission
State Debt Reduction Over Two Years Reaches Nearly $9.48 Million
The report records a gross debt reduction of $9,482,640 over two years and a net reduction of $7,512,640 after accounting for $1,970,000 in ad actions. The figures show a substantial decline in the state's indebtedness.
Charity Drives Aid Lexington Needy During Holidays
Lexington and county residents rally to aid the less fortunate. The Chamber of Commerce listed unemployed workers, theaters host charity shows accepting clothing food and toys, and United Charities steers funds. J T Hedrick donates a carload of oranges for the relief effort to assist needy families.
MENTIONED IN THIS ARTICLE
Lexington
Chamber of Commerce
B. C. Qualls
Carolina Theater
Santa Claus
United Charities Organization
J. T. Hedrick
Fruit Belt
Florida
State Quintet Still Working State Quintet Still Working
Christmas holidays find the N C State College basketball team on campus fine tuning plays for the season. The January 6 game against Wake Forest opens the Big Five schedule and Freshmen play the Deacons the same night. Coach Sermon eyes Morgan Gammon Johnson Rose and Clark as starters with Gurneau and Morgan at center.
MENTIONED IN THIS ARTICLE
Raleigh
N. C. State College
Wake Forest
Red Terror
Ray Sermon
State
Sermon
Villanova
Morgan
Gammon
Johnson
Rose
Clark
Bob Haye
Wildcats
Pennsylvania
Sam Gurneau
Gurneau
Republican tangle at Washington ties Nye campaign probes to Norris attack posters
The Nye senatorial expenditures inquiry centers on posters and letters used against Senator Norris with Robert L. Lucas admitting funding printing and distribution. Lucas defends Norris as not a true Republican for backing the 1928 Democratic ticket. Also notes about Villanova game turnout and a new 12 inch railway gun test with 1700 foot flight and nine mile range.
MENTIONED IN THIS ARTICLE
Herve
Washington
Nye
Gerald P. Nye
George W. Norris
Nebraska
Robert L. Lucas
Republican War Committee
Norris
Lucas
United States
Treaty of Ghent Ends War of 1812 Signed at Ghent
On December 24, 1814, the peace treaty between the United States and Britain was signed in Ghent ending the War of 1812. American commissioners included Gallatin Bayard and John Quincy Adams. The agreement restored lands, set boundary talks with Canada, and aimed to suppress the slave trade.
MENTIONED IN THIS ARTICLE
United States
England
Ghent
Belgium
Gallatin
Bayard
John Quincy Adams
Napoleon
Also Mentioned on This Page
N.C
Baskervill
Wales
London Regiment
Prince of Wales
24Th
London
Pine Street
Kester Furniture Company
N. G
Russia
Dire Awning and Tent Company
Winston-Salem, N. C
Rusia
Alexi I. Rykoff
Moscow
Union Council of People's Commissare
Central Control Commission
Viacheslav Molotoff
Joseph Stalin
Rykoff
Union Council
Atlantic
Hotel Lincoln
New York
New
A.W. Gavutts Managing Oreator
Eighth Avenue
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