Roosevelt backs repeal of undistributed profits tax
President Roosevelt said he would favor repealing the undistributed profits tax if substitute revenue plans are found to prevent tax avoidance. He warned against removing deterrents to business without a revenue source and urged Congress to study options before recommending changes. The White House also noted tax studies would shape any future legislative steps.
MENTIONED IN THIS ARTICLE
Roosevelt
Washington
Congressional
Senate Military Committee
Lee
D-Okla
Bridges
R-Nh
Gurney
R-Sd
Sheppard
D-Tex
Logan
Dky
Johnson
D-Colo
Dokla
Schwartz
D-Wye
Hill
D-Ala
Downey
D-Calif
Slattery
D-Ill
Reynolds
D-Nc
Minton
D-Ind
Lundeen
Fl-Minn
Nye
Last Minute Bulletins From May 12 News T:
All 48 men aboard the New England fishing schooners Isabelle Parker and Edith Rose were believed accounted for at noon. one dead after a fog-bound collision. Daladier government wins confidence in France's Chamber of Deputies by a 360 to 220 vote. Indictment of David Wythe Royster in bankruptcy and postal law offenses tied to Shelby mills. Senate approves a record 1.218 billion farm bill with House going over numbers for added increases.
MENTIONED IN THIS ARTICLE
Yarmouth
New England
Isabelle Parker
Edith
Rose
Paris
Chamber of Deputies
Daladier
Asheville
David Wythe Royster
Shelby
Byrum Hosiery Mills, Inc
Marion Miley Defeats Estelle Page In Southern Golf Semifinal
In Ponte Vedra Beach on May 12 Marion Miley of Lexington Kentucky defeated Estelle Lawson Page of Greensboro North Carolina three and two to reach the final of the Women’s Southern Golf tournament Miley advanced after Page, the meet medalist, struggled with her putting and posted her worst round of the event.
MENTIONED IN THIS ARTICLE
Page
Ponte Vedra Beach
Fla
Marion Miley
Lexington
Estelle Lawson Page
Greensboro
N. C
Senate Approves Roosevelt Second Government Reorganization
The Senate approved President Roosevelt's second reorganization plan uniting many agencies and abolishing the bituminous coal commission. Its functions shift to the interior department and the program takes effect in 60 days. Both chambers must approve to invalidate the plan.
MENTIONED IN THIS ARTICLE
Washington
Senate
Roosevelt
Bituminous Coal Commission
Interior Department
Bankers Form Committee on Interstate Trade Barriers
The North Carolina Bankers Association created a five member special committee to study interstate trade barriers discriminatory laws against domestic products and transportation problems. The group will report at the next convention. W W Woolard of Greenville was elected president and announced standing committee chairs including Jasper L Cummings B R Roberts W H Neal and others.
MENTIONED IN THIS ARTICLE
Pinehurst
North Carolina Bankers’ Association
W. W. Woolard
Greenville
Association
Jasper L. Cummings
Rocky Mount
B. R. Roberts
Durham
W. H. Neal
Winston-Salem
Woolard
South Carolina Patrol Boy Caravan Breaks Fast in Raleigh
About 800 students traveling in a caravan to a national school boy patrol convention breakfasted in Raleigh. Lieut Kinsey of the South Carolina Highway Patrol led the group as they continued toward Washington for the event.
MENTIONED IN THIS ARTICLE
Raleigh
South Carolina
Washington
Lieut
Kinsey
South Carolina Highway Patrol
Mutual Aid Pact Across Europe and Crime Probe in Philadelphia
Britain and Turkey pledged mutual aid in case of Mediterranean aggression as Chamberlain announced the pact. In Philadelphia, the FBI offered full aid to break an East Coast insurance murder ring as investigators push for mass trials and lab analyses amid a rising death toll.
MENTIONED IN THIS ARTICLE
Philadelphia
Federareau
Charles F. Kelley
Department of Justice
Pennsylvania
New York
New Jersey
Delaware
East
Associated Press
Chamberlain
Great Britain
Turkey
Mediterranean
House of Commons
Poland
Soviet Russia
Ankara
Britain
Dardanelles
Russia
Warsaw
Moscow
Danzig
Pomorze
France
Daladier
Rumania
Romania
Germany
Bucharest
Deep Fog Collision Saves 33 Fishermen At Sea
A collision between the Edith C. Rose and the Isabelle Parker left 48 aboard two New England schooners. Twenty four survivors reached Yarmouth on the Keith Cann, with others landing on Digby coast and Jonesport. One died, four trapped were freed, and all survivors head to Boston. Captain Albert Hines and his son Ted were among the rescued.
MENTIONED IN THIS ARTICLE
Yarmouth
New England
Digby County
Jonesport
Gloucester
Edith C. Rose
Isabelle Parker
Boston
Albert Hines
Ted
Nova Scotia
Bay of Fundy
Keith Cann
Digby
Hines
Leblanc
Edmund Leblanc
Wakefield
Mass
Parker
Col. T. E. Newton Elected NC Fraternal Conference President
May 12 report from Charlotte states Col. T. E. Newton of Kinston was elected president of the North Carolina Fraternal conference at a meeting held yesterday in Charlotte.
MENTIONED IN THIS ARTICLE
Charlotte
Col
T. E. Newton of
Kinston
North Carolina
Great Lover Hit Her Says Elaine in Divorce Suit
Elaine Barrie, John Barrymore's fourth wife, accuses him of slapping her face and kicking her shins during their 30 month marriage. She details a New Year party incident and says he defamed her by alleging fraud in a $300000 suit while seeking divorce.
MENTIONED IN THIS ARTICLE
Los Angeles
John Barrymore
Hollywood
St. Louis
Elaine
New York
Jacobs
Barrie
Ariel
Caliban
Yuma
Ariz
Roosevelt to visit McIntyre in Asheville North Carolina
President Roosevelt told reporters he would visit his ill secretary Marvin H McIntyre in Asheville North Carolina as soon as possible though no date was set. He planned a Potomac River and Chesapeake Bay cruise departing at about 9 PM and returning to the White House Sunday evening.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Asheville
N. C
Marvin H. McIintyre
Potomac River
Chesapeake Bay
White House
Peach crop damaged by frost and hail in North Carolina
Frost and hail last month cut North Carolina peach prospects by 19 percent and left an indicated crop at 41 percent of normal, according to the State Department of Agriculture.
MENTIONED IN THIS ARTICLE
Raleigh
North Carolina
State Department of Agriculture
Randolph County bids for school furniture announced
Asheboro May 12 Randolph County Board of Education will receive bids May 16 for furniture and fixtures for three new county schools recently completed under the Public Works Administration program.
MENTIONED IN THIS ARTICLE
Asheboro
Randolph County Board of Education
PWA
Surprise Move To Transfer Power Action
In Greensboro on May 12 attorney Grover H. Jones filed a 209 page transcript in federal court, moving the High Point hydroelectric case toward federal review. The suit by J. W. McGuinn and others with Duke Power as intervenor seeks to block the city from building the $6.5 million plant. Guilford Superior Court hearings are set to continue and a May 25 petition to transfer remains under consideration.
MENTIONED IN THIS ARTICLE
Greensboro
High Point
Grover H. Jones
United States District Court
J. W. McGuinn
Duke Power Company
Glass Fails To Wrangle Boost In Farm Aid Fight
Senator Gass failed to secure Senate reconsideration of adding 338 million dollars for farm benefits to the agriculture bill. The move, requiring unanimous consent, was blocked by Senator La Follette who objected loudly. Supporters planned to send the measure back to committee for cuts.
MENTIONED IN THIS ARTICLE
Washington
Gass
D-Va
Senate
Glass
Senate Appropriations Committee
la Follette
Appropriations Committee
Lindbergh Visits Charlotte After West Coast Inspection
Colonel Charles A. Lindbergh spent the night in Charlotte after arriving from Maxwell Field Alabama. He took off at daylight today in an army pursuit plane for an unannounced destination.
MENTIONED IN THIS ARTICLE
Charlotte
Charles A. Lindbergh
Lindbergh
Maxwell Field
Ala
Rail carriers approve higher rates for building materials
The state utilities commission authorized southern freight association rail carriers to raise rates on road building materials. The new rates take effect May 29.
MENTIONED IN THIS ARTICLE
Raleigh
Southern Freight Association
State Utilities Commission
Business Still On Sit Down Strike Says Sen Minton
Senator Minton told the Senate that business leaders are on a sit-down strike to wreck the New Deal. He cited demands by the United States Chamber of Commerce for repeal of the National Labor Relations Act and tax revisions as evidence of the effort to force changes in the New Deal program.
MENTIONED IN THIS ARTICLE
Washington
Minton
D-Ind
Senate Today
Indiana
United States Chamber of Commerce
Japs Occupy Kulangsu International Settlement
Japanese naval forces seized Kulangsu Island in the Amoy harbor and warned similar action could follow at Shanghai. The move came after a wound to a Chinese man and an unidentified shooting near the Amoy Chamber of Commerce president.
MENTIONED IN THIS ARTICLE
Shanghai
Kulangsu
Amoy
Fukien
Domei
Hung Li-Hui
Amoy Chamber of Commerce
New Manager Named for Asheboro Employment Office
Ralph Rochelle replaces C. L. Cates as manager of the Asheboro North Carolina Employment Service office. The switch results from budget cuts and consolidation of offices and staff reductions in the state system.
MENTIONED IN THIS ARTICLE
Asheboro
Ralph Rochelle
Greensboro
C. L. Cates
The
North Carolina Employment Service
Delano Opposed To End Of Comptroller's Office
Preston Delano comptroller of the currency argued at the North Carolina Bankers Association convention that abolition of his office would not reduce government costs or streamline administration. He warned it would hurt national bank prestige and threaten the dual banking system while urging retention of the current office. He noted bank credit is not the issue but a shortage of venturesome capital for riskier business needs.
MENTIONED IN THIS ARTICLE
Pinehurst
Preston Delano
North Carolina Bankers’ Association
Delano
Comptroller
Compt
Union Show Included In New Pact Between UMWA and Operators
New York May 12 AP reported the joint Appalachian 8 state conference reached a new contract between the United Mine Workers of America CIO and coal operators. It includes a union shop though details were not immediately clarified. About 346000 miners would return to work on a 35 hour week with pay of 6 dollars in Northern mines and 5.60 in the South.
MENTIONED IN THIS ARTICLE
New York
W. L. Robinson
Cleveland
United Mine Workers of America
CIO
Appalachian
Robison
John R. Steelman
U. S. Labor Department
John L. Lewis
UMWA
United Mine Workers
Steelman
Robinson
Appalachian Conference of
Lewis
Miners’ Scale Committee
Pennsylvania
Maryland
Ohio
Kentucky
West Virginia
Tennessee
Michigan
Virginia
Power contract inked with Carolina Power Co in Asheboro
Randolph Electric Membership Corporation approved a wholesale power agreement with Carolina Power and Light Company to supply current over the co op lines. About 140 of 227 miles of line are built with rapid progress on remaining work, enabling roughly 500 homes in the county to receive power as new applications come in.
MENTIONED IN THIS ARTICLE
Asheboro
Carolina Power and Light Company
County Electric Co-Operative
Randolph Electric
Washington
Admiral Leahy Named Governor of Puerto Rico
President Roosevelt announced Admiral William D. Leahy, retiring naval chief of operations, would become governor of Puerto Rico after his 64th birthday. Leahy will succeed Blanton Winship, the retired Army general, and assume the post this summer following his navy retirement.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
William D. Leahy
Naval Chief of Operations
Puerto Rico
Leahy
Navy
Blanton Winship
Army Jointee
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Holman
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Congress
Chicago
House
FBI
SEC. McIntyre
McGuinn
Col. Lindbergh
Cio Lewis
Carolina Power CO
William H. Leahy