Britain Devalues Pound Slashes Money Value by 30 Percent
Britain cuts the pound by 30 percent to $2.80, aiming to boost dollar earnings and fix a financial crisis. Nine other nations follow with devaluations, hoping to sell more to America and improve trade balances as Canada plans a parliamentary statement tonight.
Elderly Man Succumbs After Beating in Anderson
In Anderson South Carolina on September 19 an elderly man Stenton Isaac Shore aged 73 was beaten in his home on Saturday by a man named Nerman Moore 28 who has been arrested without charge. Shore refused hospital care and collapsed on the way home his body found by a newspaper carrier boy an inquest was scheduled today and sheriff Clint McClain said Moore fought Shore Saturday.
MENTIONED IN THIS ARTICLE
Anderson
S. C
Stenton Isaac Shore
Heriff Clint McClain
Erner Moore
Shore
Steel Dispute Flares Again Across Nation
The government moved to avert a looming million man steel strike next Sunday. CIO Steelworkers head Philip Murray and U S Steel President Benjamin Fairless remain at odds over a proposed 10 cent package from a presidential fact finding board. Cyrus S. Ching of the Federal Conciliation Service met with both sides to press a settlement as President Truman weighs further intervention.
MENTIONED IN THIS ARTICLE
Washington
Philip Murray
CIO
U. S. Steel Corporation
Cyrus S. Ching
Federal Conciliation Service
Murray
Ching
Truman
White House
U. S. Steel
Benjamin F. Fairless
Fact Finding Board
Sentencing Possible for Russ Maxey in Pistol Attack Case
Russell B. Maxey, a former University of South Carolina professor, may be sentenced today after a jury convicted him of burglary with intent to murder. Judge T B Greneker indicated a range from five years to life. Ann B Pierce, 35, a brunette divorcee, was beaten Aug 3 in her suburban home, receiving over 100 stitches.
MENTIONED IN THIS ARTICLE
Columbia
S. C
Russell B. Maxey
T. B. Greneker
University of South Carolina
Maxey
Ann B. Pierce
Miss Pierce
Four Lives Lost During Week End
Four people died in North Carolina over the weekend in violent incidents. Durham druggist Robert James Crumpler, 25, was fatally injured when his car was hit near Roseboro and he was run over by an oncoming vehicle. Mary Lee Harris, 22, of Richmond, Virginia, was stabbed to death in Thomasville with Raymond Thomas, 22, charged with murder. Ernest Lee Coker, 28, a Charlotte textile worker, died after being thrown from a motorcycle in suburban Charlotte. Elon College student Roger Fogleman, 21, died in a Burlington car crash when a tire blew and his convertible struck a curb.
MENTIONED IN THIS ARTICLE
North Carolina
Robert James Crumpler
Durham
Roseboro
Mary Lee Harris
Richmond
Thomasville
Raymond Thomas
Ernest Lee Coker
Charlotte
Roger Fogleman
Elon College
Burlington
Visiting British Economist Praises Devaluation Plan
Chapel Hill reporter notes Dr. Gilbert Walker of the University of Birmingham endorses devaluation as a path to cheaper British exports and cites benefits to global trade. Walker, guest of Dr. Nicholas Demerath, discusses Fulbright exchanges and predicts a Labour victory in 1950 while lamenting U.S. hesitation to mirror Britain's 1859 economic peak.
MENTIONED IN THIS ARTICLE
Chapel Hill
Gilbert Walker
University of Birmingham
England
Washington
United States
Briin
Walker
Nicholas J. Demerath
University of North Carolina
America
U. S. Congress
U. S
Demerath
Midlands
Harvard University
Britain
Great Britain
Labor Party
Missing farmer found alive after 18 hour search
U S Peace, an 83 year old farmer missing since Saturday evening, was found conscious in shallow Abbott's Creek water a mile from home near Thomasville. He survived with pneumonia and five broken ribs, transported to City Memorial hospital in grave condition.
MENTIONED IN THIS ARTICLE
Wint Capel
U. S Peace
City Memorial Hospital
Winston-Salem Highway
Abbott's Creek
Thomasville
Peace
Peace Home
Spring Hill Methodist Church
Milford Byerly
Senate Fight On Foreign Aid Mapped
Washington news reports Tom Connally of Texas to lead a Senate debate on a 1.314 billion foreign arms program. He expects victory and predicts a four day fight with amendments, including a Georgia senator's push to cut European aid to 300 million while others seek to fund an Atlantic police force under the UN.
MENTIONED IN THIS ARTICLE
Washington
Tom Connally
Texas
Senate
Senate Foreign Relations Committee
Connally
George
D-Ga
Western
Europe
Sparkman
Alabama
North Atlantic
United Nations
Train Derailment Injures About Fifty in Newton City Limits
A Southern Railway passenger train derailed in Newton injuring around 50 people. The wreck involved six cars and a locomotive, with two Negro cooks reportedly trapped in the diner. victims include Herman Bishop 51 and Dorothy Sherrill two months, with numerous others from Asheville Charlotte High Point and beyond. Rescue teams and hospital resources were stretched as emergencies unfolded.
MENTIONED IN THIS ARTICLE
Newton
Catawba General Hospital
Herman Bishop
West Asheville
Bishop
Dorothy Sherrill
High Point
Martha Sherrill
George Cruse
Asheville
Charles Linsley
Charlottesville
Thomas Howell
Brevard
Nicholas Pettinger
Nottingham
Douglas Sigmon
Granite Falls
Edward Held
Alliance
W. W. Wilhelm
Cleveland
N. C
Charles Languth
Baltimore
Joseph W. Greenlee
Raymond Leach
A. T. Totaley
Louis Rogers
Chess Drakeford
Rock Hill
S. C
Arthur Wilson
Charlotte
Olga Hamer
Hickory
Amanda Horn
Rose Marie Sherill
Paul Clayton
Thelma Wright
Morganton
George Warner
Alexandria
Southern Railway
Frank Jones
Salisbury
Washington
Publicity Man Represents China Sale Campaign
An American public relations man, William J. Goodwin of Roslyn New York, holds a 25000 dollar yearly contract to sell nationalist China to the United States. He says he aims to win more American money and support for Chiang Kai shek against the communists though he notes expenses eaten into his retainer. He predicts China will receive more than the 75000000 earmarked for Far East aid as debate opens in the Senate.
MENTIONED IN THIS ARTICLE
Washington
China
United States
William J. Goodwin
Roslyn
N. Y
Chiang Kin-shek
Goodwin
Far East
Mine Workers Start Walkout Today
Angry United Mine Workers members began a walkout to press pension and welfare payments. John L. Lewis leads about 480,000 members toward idle status by nightfall with the slogan No pension no work. Mines in Pennsylvania Ohio and West Virginia shut or threatened as orders circulated from headquarters.
MENTIONED IN THIS ARTICLE
Pittsburgh
United Mine Workers
John L. Lewis
Lewis
UMW
Pennsylvania
Beating Victim Mrs Dessie Bodenheimer Found Near Thomasville
A polio survivor, 30 year old Mrs Dessie Bodenheimer was found beaten near her Thomasville Route 1 home. Deputy Morris says neighbor William Jordan 33 employed at Thomasville Family Laundry is jailed on assault with a blunt instrument charges. The victim remained hospitalized with severe injuries but is expected to survive. A warrant by Bodenheimer’s husband accuses Jordan of delivering the beating.
MENTIONED IN THIS ARTICLE
Thomasville
Here
Dessie Berrier Bodenheimer
Zion Ichurch
City Memorial Hospital
Keiffer Morris
William Jordan
Bodenheimer
Ll. Jordan
Taylor Street
Morris
Jordan
Dollar Change Expected To Lower Prices
New York report notes world dollar prices likely fall after the week end devaluation of foreign currencies. Britain cut the pound from 4.03 to 2.80, a 30 percent drop, with other nations possibly following. Prices of foreign goods in the United States could drop but not by the full theoretical amount. The duration of lower prices remains uncertain as American buyers expect cheaper imports in dollars.
MENTIONED IN THIS ARTICLE
London
Britain
America
New York
Capn It Sure Was Awful Porters View Of Wreck
Porters vivid account from Newton details a derailment of a Southern railway passenger train with about 50 injured. Arthur Wilson of Charlotte recalls two coworkers killed, Robert Freeman of Salisbury and Herston Longmire of Knoxville, as rescuers struggled seven hours to reach them.
MENTIONED IN THIS ARTICLE
Newton
Southern Railway
Arthur Wilson
Charlotte
Catawba General Hospital
Wilson
Robert Freeman
Salisbury
Herston Longmire
Knoxville
Tenn
New Bern YDC Convention Elevates Fresh Leadership
A vigorous New Bern convention of 679 delegates from 74 counties chose Terry Sandford of Fayetteville as president and Eugene Gordon of Burlington to the national committee, signaling fresh leadership for the state Young Democratic Clubs amid preconvention upsets and enduring veteran involvement.
MENTIONED IN THIS ARTICLE
Democratic Party
YDC
New Bern
George Fountain
Tarboro
Bedford Black
Kannapolis
Terry Sandford
Fayetteville
Pencwer
Eugene Gordon
Burlington
National Committee
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Stafford Cripps
Cripps
Egypt
France
Italy
Sweden
Holland
Greece
Finland
Canada
Douglass Abbott
Russ Maxey
Associated Press
Margaret Joffa
Detroit
Charlie Isaacs
Isaacs
Mrs. Isaacs
Seling
Washington Post
Paul Marshall
Chapman Revercomb
West Virginia
Edward V. Robertson
Wyoming
Charleston
W. Va
Revercomb
Isabella
Weirton Coal Company
Uniontown
Johnston
Moundsville
Ohio River
Dilley
Fields
Sharpe
Susie Sharpe
Reidsville
Guilford Superior Court
Byrd
Porter
Freeman
Longmire
Vernon A. Craw
Capitol Square
By Lynn Nisbet
Fountain and Black