31 Oct 1929
Page 1
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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Oct 31, 1929
Page
1
White House statement says President Hoover pressed Senate leaders to accelerate tariff bill schedules and forward the revenue measure to conference with the House within two weeks. It notes mixed views on progress and calls for timely completion to protect agriculture and industry.
Davidson county failed to secure 295000 dollars for a county courthouse as the sinking fund measure was voted down 17 to 6. Raleigh observers note longtime figures like Representative Beecher Leonard supported roads and bonds, while Bruce Craven and local natives spoke against the courthouse bond proposal.
Two ore carriers clash thirty miles off Port Washington early today. The Senator sank with 38 feared dead. the Marquette, damaged, could reach Sheboygan. Rescue boats and coast guards raced through thick fog as crews were saved or unaccounted.
Mont Pelee in Martinique erupted for seven minutes marking the sixth eruption in weeks. About 8,000 refugees from nearby communities are gathered at Fort de France as authorities intensify safety measures.
A windstorm near Marblevale in the Little Rock area damaged several dwellings and farm buildings. At Marblevale a dairy main building was unroofed and a water tower toppled. Flooding accompanied rain and no fatalities or injuries were reported.
Heavy profit taking ends a buying rush after many issues rose sharply. Shares traded wildly with gains of up to 95 a share for high priced stocks and losses of 2 to 12 on many others. Trading volume from noon to 1 30 p m reached 4 472 400 shares as profit takers moved in.
James Henry Scullin the premier announced Australia would send representation to the naval conference scheduled in London in January.
Ontario voters gave the conservative government a historic victory in a general election focusing on liquor control. Premier G Howard Ferguson led the Tories to a larger majority, increasing from 75 of 112 seats to 90 ahead of four seats still doubtful, defeating prohibitionist challenger the Rev. T H Bradley.
American actress Lillian Foster slapped London critic Hannen Swater in the Savoy lunch room after his remarks on her Conscience performance. Swater said two waiters escorted her out. Foster warned she would strike again if criticized.
Ohio honored Senator Theodore E. Burton with a state funeral in Cleveland after his death in Washington. The ceremony included a public viewing at the hall, a 145th Infantry escort, and a procession to Euclid Avenue Congregational Church guarded by officials and mourners.
Wayne county gathers in the Memorial Community Building auditorium for a memorial tablet honoring Charles B. Aycock former North Carolina governor and barrister Judge Frank Daniels will deliver the address introduced by Captain Nathan O Berry. The Borglum sculpture tablet presented by Raleigh Aycock committee will be accepted by A W Dees Lucile Aycock and Jean Poe unveil the tablet Rev George T Watkins will give the invocation Rev Peter McIntyre will give the benediction.
Wilkes Barre Pennsylvania October 31 The Plains township teachers strike ended after the school board ordered payment of the final payroll. Teachers said they will return with classes resuming next Monday in twelve township buildings.
Washington October 31 A proposed Senate resolution seeks to rebuke Hiram Bingham over ties with the Connecticut Manufacturers Association in crafting the tariff bill. Senate action awaits, with Norris uncertain about timing as Cleveland hosts Theodore Burton's funeral. The Caraway probe also shifts to the southern tariff league, questioning Kirby Arnold Faubel and Grundy connections. Opinion splits on severity, with one faction even calling for Bingham’s removal from the finance committee.
Directors of the Standard Oil Company of Indiana declared an extra cash dividend of 25 cents per share in addition to the regular 62 14 cents. The move followed excellent earnings for the year and the company may seek listing on the New York Stock Exchange.
John Gulliken, treasurer, told the American federation of Lutheran brotherhoods at their biennial convention in Chicago that churches need pep and restrained whoopee to attract young people. He urged proper supervision to keep the humor appropriate.
Senator Nye Republican North Dakota introduces a resolution to appoint a special committee to investigate speculative operations on all stock exchanges. The plan awaits future consideration with a target to recommend remedial legislation by next February. A separate proposal by Senator King Democrat Utah seeks a broad probe of the credit situation and is before the Senate banking committee with limited near-term prospects.
The Italian king Victor Emmanuel will visit Pope Pius in the Vatican during the first fort night of November. This would be the first such royal audience since the papal loss of temporal power in 1870, according to a Giornale D'Italia correspondent.
Former Texas governor Pat H. Neff told High Point college students that Prohibition is written into the U.S. Constitution and must stay. He urged youth education on liquor evils and praised the Eighteenth Amendment while arguing liquor interests seek to undermine enforcement. He defended Prohibition against claims of rising student drinking and called the saloon the nation’s devilish evil.
Major firms boosted public confidence with extra or increased dividends. United States diary products Corp raised class A stock to 5 annual, with a quarterly 1.25 dividend payable December 1. Yale & Towne Manufacturing Co paid a 1 special dividend December 14. Marmon Motor Car Co declared a 1 quarterly dividend payable December 1. Directors cited strong finances to reassure investors that basic industries remain securely earning.
The North Carolina conference completed voting for 12 delegates to the quadrenial Methodist Episcopal Church South session in Dallas next May with six laymen among them. Bishop Edwin Mouton opened the 93rd annual session and stockholders read a report on Lake Junaluska urging direct church control and a trustees board to receive the deed. Rev. M. Bradshaw and Rev. Walter Cathem submitted district reports.
University of Virginia Spanish professor Dr. James Bardin says Colonel Charles Lindbergh's Maya Ruins explorations lack scientific value. Bardin cites his own trips to the Yucatan and Tampulum sites in Cuba to study Mayan languages and challenges claims of undiscovered ruins depicted in Lindbergh photographs.
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