Newspaper Page Text
SUNDAY, MARCH 9, 1930.
MARKETS
By STANLEY W. PRENOSIL
New York. March 8. (/P)—The
covery in stock prices during the
week, which has lifted the general
dex of 90 issues to the highest level
since the November break, showed
signs of slowing up in today’s brief
session ol the market under
weight of heavy profit-taking and oc-'
casional short selling.
Scores of issues were marked up 1
to G points in today’s early trading,
and I. Case ran up move than l-l
prints, but the gains were cut down
by realizing, and a rather long list of
issues sold 1 to •’! points below yes¬
terday’s final quotations.
The clay’s business reports contained
a larger proportion of unfavorable
factors. Grigsby Grunow directors
omitted the usual 50 cents quarterly
payment due at this time. The Tim¬
ken Roller Bearing Co. showed slight¬
ly larger earnings for 1929 than the
year before but the Burnet Leather
ai d Homestake Mining Companies
made unfavorable comparisons with
the previous year.
Peoples Gas ran up 6 points to
178%, Eastman Kodak 5Vi to 22414,
International Cement 4 to G6%, Gen¬
eral Refractories 3Vi to 79, Interna¬
tional Business Machines 11 to 188, Pa¬
cific Gas & Electric 3 to 69, Pierce Oil
preferred 3 to It-.' and Vanadium Steel
2 to 78, all new tops for the year, but
not all of the gains were maintained.
Merger rumors stimulated the de¬
mands for some of the independent
steel shares, Bethlehem crossing 105
to a new high, while Gulf States and
Michigan Steels advanced more than
2 points each.
NAVAL STORES
tine, Savannah, firm, .5014. March Sales, 8. (/P)—Turpen¬ 41; receipts,
107; shipments, 1,457; stock, 2,721.
Rosin, firm. Sales, 945; receipts,
411; shipments, 3,755; stock, 84,636.
Quote; B, 6.00; D, 6.20; E, 6.45; F,
7.95; G, 7.00; H, I, 7.10; K ,7.20; M,
7.30; N, WG, 7.70; WW, X, 7.90.
COTTON TABLES
NEW ORLEANS COTTON
New Orleans.—Cotton futures clos¬
ed yesterday:
Prev
High Low Close Close
.Tan. 14.63 14.63 14.62 14.73
Mat- 13.82 13.50 13.69 13.81
May 14.10 13.77 13.94 14.08
July 14.31 14.00 14.17 14.30
Oct. 14.49 14.20 14.35 14.50
Dec. 14.69 14.42 14.56 14.68
MARKETS AT A GLANCE
NEW YORK
Stocks, irregular.
Bonds, steady.
Curb, mixed.
Foreign exchanges firm.
Cotton, lower.
Sugar, easier.
Coffee, higher.
rT JICAGO
Wheat, steady.
Corn, easy.
Cattle, steady.
Hogs, higher.
GOVERNMENT BONDS
New York.—United States govern
ment bonds closed yesterday: '
Liberty 3 l-2s $ 99.28
First 4 1 -4s ............ 101.09
Fourth 4 l.-4s..... 101.18
Tieasury 4 l-4s ... 112.23
Glia l's What wWashin^t on
By CHARLES P. STEWART
Central Press Staff Writer
TIT ASHINGTON, D. C.—
VV Whence comes the notion
that the tariff fight will be over
when tha senate passes the tariff
bill?
) Then is when it will begin.
The real fight will be between the
senate and the house ot representa¬
tives. The preliminaries, still in
progress, signify nothing in particu¬
lar. Betting on the main encounter’s
outcome is about 50-50. A draw is a
distinct possibility.
That is to say, the two houses may
fail to get together.
In other words, perhaps no bill at
all will go through. For nearly a
year congress has been struggling
with the tariff. It is at least as like¬
ly as not that the struggle will end
with the tariff remaining just as it is
■D DEGINNING last spring, the sup
position was that the tariff was
to be changed principally for agri¬
culture’s benefit.
The farmers complained that the
protection enjoyed by the manufac¬
turers had made prices ungodly high
on everything agriculture has to pay
for, but that they themselves were
so inadequately protected that prices
stayed low on everything they had
to sell.
They wanted to be protected equally
with the industries—maybe not in
quite the same way, but somehow or
other.
This was what it was assumed the
seventy-first congress was going to
attend to when it met in extra ses¬
sion in April, 1529, soon after Presi¬
dent Hoover had been inaugurated.
' | ’HE representatives promptly got
■* busy, inasmuch as theirs is the
house In which all financial legisla¬
tion must originate.
' The result was far from what agri
culture had expected
The representatives did. indeed, In¬
crease tariffs. They boosted them to
the highest levels ever known in the
world’s history, but the advances al¬
most all were on manufactured prod¬
ucts. Such advances as agriculture
did get were enormously more than
offset by the industrial increases.
True, the new farm board was
created, to do what it could for the
MONTH’S ILLNESS
RESULTS FATALLY
TO EX-PRESIDENT
(Continued From Page 1.)
was civil service commissioner and
Mi. Taft was solicitor general. They
were quickly attracted to each other,
and there began the friendship which
re.allied, in the dominating influence
Mr. Roosevelt later exercised over his
friend’s political career.
Mr. Roosevelt gi nerall.v was credit¬
ed with making Mr. Taft president,
and most political observers agree
that he unmade him four year. Inter.
Backed by the Roosevelt influence,
Mr. Taft was elected president in !9()8
by the overwhelming majoriyt of 321
electron! votes out of a total of IKS.
With tin- Roosevelt influence against
him and Colonel Roosevelt himself a
candidate on a third party ticket, in
1912, Mr. Taft received but a paltry
eight votes out of a total of 531.
It was said of Mr. Taft at this time
that although ho was the worst de¬
feated president he was the best loser
of any. He left the White House in
the happiest frame of mind, apparent¬
ly glad to lay down the cares of state,
which had been far greater than he
anticipated.
His brief tenure in the office of
president was made notable by the
greatest split that had ever occurred
in the Republican party,' and by the
birth of the National Progressive par¬
ly headed by Colonel Roosevelt and
his friends.
A grouping of all Mr. Taft’s idea politi¬
cal activities gives a graphic of
his remarkable and rapid rise to the
presidency. He was assistant prose¬
cuting attorney of Hamilton county.
Ohio, at 23 years of age; collector of
internal revenue at 24; judge of the
superior court of Ohio at 29; solicitor
general of the United Slates at 32;
judge of federal circuit court at 34;
civil governor of the Philippine Is¬
lands at 43; secretary of war in the
Roosevelt cabinet at 16, and president
of the United States at 51. At the
age of 55 he was again a private cit¬
izen. later becoming chief justice at
the age of 63.
When he became president and the
nation-wide rush for patronage be¬
gan, Mr. Taft was all but dumfound
ed. He had no patience whatever with
the office-seekers ami the fact that
a man sought office seemed to Mr.
Taft to unfit him for that office. He
lured many faithful party workers
away from the White House empty
handed and soon he was in the hot po-
1 itica 1 waters that boiled during most
if his administration. Mr. Taft took
many trips for which he was famous
is president just to get away from the
sordid office-seeker. He declared it
vas the only way he could get a mo¬
ment's rest. The secret service men
vho went along were as carefully
varned against office seekers as they
vere against suspicious “cranks.
One of Mr. AT M Taft’s fp.i 4‘4- closest 1i friends 1’,.I
ince characterized him in these terms:
“ He is so clean in his own mind that
N e cannot see anything unclean in an¬
ther. His refusal to employ the us
ual petty tricks of the professional
politician, the big-hearted indulgence
with which he treats those who de
fiberately misrepresent him, his will
ngness to suffer himself rather than
use the power of his great office
against an individual- to rest under a
'alse light rather than strike back in
the heat of passion and thus risk the
-banco of committing an act of in.jus
ice—have won ! o>- him the distinc
ion of being called a poor politician,
M'-'. Taft will never understand that
n politics it often is necessary to be
distressed agrarians. However, in
case the new board actually helped
the farmers to make any more
money, it was evident that the man¬
ufacturers’ increased tariff advantage
would enable the industrial magnates
to take it away from them in less
than no time.
r T’HE assertion that the tariff bil!
I passed by the representatives
was something fearful and wonder¬
ful can hardly be successfully dis¬
puted, considering that tt even
shocked some of the most unmitigat¬
ed old protectionists in the senate,
when it arrived at their end of the
Capitol building to be acted on.
To be sure, big business somehov
missed gaining control of the senate
at the J92S election.
It gained control of the house o’
representatives, and for awhile it
thought it was in control of the sen¬
ate also, but as to the latter body
one of its cogs slipped somewhere.
ACCORDINGLY mediately began the taking senators the rep¬ im¬
resentatives' bill apart and making it
over again—decidedly less to the
manufacturers' interest; decidedly
more to agriculture's
Naturally the representatives' lead¬
ers, who framed the bill, have gone
almost delirious with indignation as
they watched this performance. It
accounts for the amount of jowering
they have done concerning the time
the senate was wasting. It is a fact
the job took considerable time. It
was a long bill and nearly every line
of it has been altered.
However, does it stand to reason
that the representatives will ac¬
quiesce tamely when the bill gets
back for them to express their opin¬
ion of?
■"pHE 1 representatives help manufacturing passed a bill
to at agri¬
culture’s expense. Tho senators
plainly are preparing to pass a bill
to help agriculture at manufactur¬
ing's expense.
A conference committee, represent¬
ing both houses, will have to take
the two bills and see If it can agree
on a compromise.
It may succeed and it may not.
Tho representatives certainly will
prefer the present law to the sena¬
tors' bill and the senators certainly
will prefer the present law to the
representatives’ bill.
unjust and to bnn 4 s»* into piny
the ruthless rule of the survival of
the fitted."
Feeling that ine nature of his office
limited tin- expression of many of his
real view, of life and politics, Mr.
Taft delighted to have about bun a
little circle ex' 7 nils to whom he
could speak Diply.
“To be a ss fossi'ul leiYi siy
tic-ian.” he said on one occasion in bis
study in til White House, “i! .- oms
cne must be a hypocr'i- I <t> not un¬
derstand how some of our ‘.practical
politicians' can come to no office and
toll me just what they feel at heart,
and then get up on the floor of con¬
gress and prate about lomething ex¬
actly to the coat' ary'. That sort of
thing is not lor mo,
"1 detest hyprocrisv, cant: and sub¬
terfuge. If I have got to think every
time I sav a thing, what effect ii
going to have on the public mind: if
1 have got to refrain from doing jus¬
tice to a square and honest mail be¬
cause what I say may have an injuri
ous effect upon my own fortunes, t
had rather not he president."
Mi. Taft himself felt a lack of that
character of political training which
would have thrown him i>-lo
contact with the muss uf the people.
He had never been an alderman, may
or, legislator, or governor; his work
had been .judicial and executive and
his circle of contact limited.
Mr. Taft once said to an intimate
friend:
. “It: seems to me that I ought to
travel as much as I can. I have seen
VI ry lit tie ol the people in spile of
my long years in public olti e and
people have seen very little of me.
1 thought that by traveling I could
give them an opportunity to look me
over and see what manner of man 1
am. Comparatively few people get
to Washington and vet 1 cannot l^ul
ieel that, a majority ot the people
would like to see tin- man who for the
time being is the head ol their govern
ment - their choice for (heir highest
°ffivc. •
In all ol _ his travels, Mr. Tall let
it be understood that, automobile
rades. thiough the cities were to he a
(ijirt of each program. Do wanted to
see and he seen by as many people us
possible.
During his first campaign as a pres
identia) candidate he toured the conn
try as ta>- west as Denver, and ns
president he made two long U ips
through the country, visiting the Ba
< ific coast as well as making innumer
able short runs. When Colonel Boose
veil, east his hat into the ring Ml-,
Taft took the road on a ,• i, onven
tion campaign.
One of his hardest trips was made
during the World war, to which lie
was called bv President Wilson. Aft
(i- assisting in the successful
ment of the relations helv.e m capital
and labor, with the result that Am
erican production was at its maxi
mum, tie undertook to vi i! tt--* army
camps. This trip was during the
winter, and because of the imno. Linee
of quickly delivering his message to
the rapidly-forming armies, he made
two and sometimes three speeches a
j day, visiting all eamos nod canton
ment.s exeent two and addressing more
j | than 300,000 ’recruits.
After the war he resumed hi
lies as Kent, professor of hr., at Yale
j university, continuing in Ibis chair
until he was named chief bed ice.
Mr. Taft did not shirk any of the
' burdensmoe work of the court As
] chief the justice it fell the to justices him to for assign the
cases among
j preparation of opinions when the cou'rt
j found that it had reached a
nnd the records of the court shoiv that
lie retained substantially as many for
himself as he gave any of his associ¬
ates.
The chief justice _ was a golfer, but
he found little opportunity during the
term ol the court to engage in the
game. On those day. diirinq the tovm
J | chief when the justice, court when was not he in did session have the
not
his walk to the capital, could he seen
, upon the country roads out; for a hike,
i < fton unaccompanied, dressed iri old
j clothes, with heavy shoes, an old di
; lapidated hat or a can, and
; weal ing a sweater.
I During the eight years of his re
I tin ment to private life Mr. Taft main ■
I tained a residence at New
j Conn.
He went upon the lecture platform,
ard in (he heat of the campaign pre
j 1 cinitatcd Ml Taft, on a former the League Republican of Nations, presi
| ! dent, subject in which support of his views on the
he had given the form
'of treaties, but which were not rati
! tied by the senate, was found upon
! the same stage with Bresident Wilson,
| a Democrat, asking public approval of
j the Versailles Treaty and other issues
growing out of the Baris conference
■ following f •.. 11 the a i war. im While •< at New . V
j Haven, in addition to the professor
i ship of law, he was president of the
League to Enforce Peace, and dili
■ gently labored to promote its objects
by the use of the platform and the
) press.
Mi. Taft’s appointment as chief jus
tic-e was attributed by some of hh
friends to his support of an arbitral
'tribunal for world peace. And this
is how they explained it:
ipated in°th? Lelgue “ff‘Nations'de
bate when it was a live issue, oppos
ing his party and the views of its
lactiorial differences within that party
having been largely healed at that
time, and Colonel Roosevelt having
been removed from the equation by
death, the convention, going to Ohio
for a candidate would have given pref¬
erence to Mr. Taft, they asserted, ex¬
cept for his views on the dominent
i K “ue of the campaign. Thus it hap¬
pen'd that fate was kind by not com¬
pelling him as president, they added,
again to nominate another to the of¬
fice he preferred.
Mi. Taft, married, when he was 29
years old, Helen Herron, daughter of
John VV. Herron, of Cincinnati, and
he her had three children, Robert,
Helen and Charles. He was devoted
i to his w ife and family. On his many
travels not a day went by that he did
THE! BRUNSWICK NEWS
Explorer
\
A .. dotal /Vt.ss I’hoto
Eiizauml, Steen uf San Joae. G.d. f
will search for a lost tribe of In
,b in jungles of Brazil,
! ‘ '
ANOTHER RADICAL
OUTBREAK STAGED
NEAR WHITE HOUSE
(By Associated Press)
Washington, Mar. 8—Another radi
eal demonstration was staged in front
of White House today, and as on
Tina .day." the police won.
Nicholas .1. i’ies.; was in a street car
, in front of the executive mansion and
as it ai rived at tin- scene of the lively
clash during the “unemployment” pa
rade, he made a speech denouncing
“imperialism" and i resident Hoover.
Detective Sergeant Richard Cox, a
former prize fightci was also a pas
or the trolley. He attempted
to quiet Bless. Bless resisted and in
the first light that followed lie lost In
what was described as a "wide mar
gin,” and was also arrested on a
of disorderly comltic'.
f-’even of the participants in the dis
turbance in front of the White House
Thursday were fined in federal court
yesterday. All gave notice of appeal,
A “protest" meeting held last night
as a result of the arrests was not at
tended by disorder.
not write or telegraph to Mrs. Taft.
There was comment in Washington
in the earlier part of Ur. Taft admin
istration that Mr. Taft was not show
i ing in the White House the same
striking career'ax energy which had character
ized his a cabinet officer and
government, official. Major “Archie”
Butt, who had served under Roosevelt
but was very fond of Mr. Taft, is cred
ited with having explained the silua
tion.
! “Mr. Taft," be said, “is one of the
j finest fig, human engines 1 ever knew
stmng, iike resum refill uml command
ing. But every other without'a engin ■ tie
j is not very effective tin
under the boilei. Mr. Roosevelt used
'to he constantly building the fire."
! ! i j Society
j (Continued From Page 6.)
I
; Miss ?mi v, < homo in Si'nilcruville.
| c c- o a
1 Me : Mai'i-m Wood and Mi
David are - . pec-ted to return
from New Orleans, after being de
liffhtfully entertained during
Gras.
O 0 O 0
Mrs. A. H. Jones;, of Is. An gel.-:
Calif., is the, interesting guest of
daughter, Mrs. George W. Brandon
"t her home on Union street.
i O o o 0
The many friends of Mr , M.
| Baker will he glad to know that
! i: ‘ ; somewhat improved m her
|<>" Gloucester strei.t fr m her
j sn imr; illin-ss
' a a a o
I The Bi-unswicl. frie s!: ,.f
! Cecil JIarbison will be -' id to
that she is doing i-s wed as can Is
I expected after n major oin-i.Akm per
formed on Friday in St. Virn ent
Hospital in Jacksonville.
a a o o
The many friends ,f Mrs. Basil
: Killian and her met In r, Mm. William
I KukseH, will he glad to know that
i Mri - km:.ell >' now
at at their U), ' ,r home home on Gloucester
after a serious ten days' illness.
D O a a
Mrs. J. J. Spears, who has
quite ill at the Gily Hospital for
:,everal days hux improved A
l^n Y to be a de o oc remove.,
| I*7 thf; home P ,easure at “Wistaria r,i her many Inn” friends. today,
1 Q
Misfi A " ne f "mb,dll wil1 I'-ave this
: morning ““V for her home in ,1
« S ’ C ’ after a de, 'K htfu ‘ v,Hlt Uj ll, '“
i a J______ yf.............
_
1
Elite beauty
Shoppe
Now Open. Ready for work,
solicit your patronage.
Rhine 309 Fur'Appointment
1 1321 Newcastle St., Ground Floor
Our Pleasure to Serve
j Gladys Tayior, Prop.
i | j
WOMAN’S BURNED BODY
$ FOUND IN
111-HEYED SHE \\ \B M I'RDERF.D
AND HOI Slv f'iil'.N ,"!!,T
ON FIRK
(By \ssoeinted 1‘ress)
.Antioch, 111., Ala Mi S. B -riled lie
.vonil recognit ini. the body of a
young woman with lags and arms ap¬
parently chopped oil', \v: ; Lund early
today in the iuii r, - uianier c<
t age lire on the lonely shores of
(Lake, tiv .'mile : outh of Antioch,
I Shortly bct'ic midnight the
!' eh lire \\a. summoned
Mo the lire iiy Edward Schi'an, a care
Maker in the employ of Henning John
| son, .All owner ell'oits of to a row or the lake cottage cottages,
) save
1 ed and after the walls fell in and
jbuined body in through, the blazing the timbers. firemen saw the !
I ; said noticed autumn
Sclirain he an
blie speeding away fr •>» the direr; ion
of the cottage shortly after 10 o'clock.
1 \t the undertaking establishment in
Waukegan an attendant said ihat on
ly the torso and part of the head
remained intact, but from the condi¬
tions of the bones lie believed the legs
and arms Ha. 1 been chopped off'.
FL ASHES OF LIFE
(Bv Associated Press!
... New . York A new device sees llio
leal of molten steel and record,; the
temperature. It is a photo-electric eye
worked by the glow from flu- metal
and it measures, to tin- fraction of a
degree. Westing-house research engi
n.-ors expect if t<> save the steel in
duslvy thousands, of dollars annually.
-
Buenos Aires. Louis Ferdinand
1 i olienzollci n, who began Inking
ing lessons in Hollywood a year ago
; ml has continued them while work
iug for Henry Ford here, is now a
licensed pilot, third grade, lie is
Men of the former crown prince.
------
Chicago.- B ofessor Bakei Brown
' ll ol the department of sociolgy and
literature. Northwestern University,
would take the backache out of ed
'n ation, lie told a class in modern
life and letters (.hut he would like M"i
''is chairs, upholstered window scats
arid plenty of cushions for them.
------
1 ouisville, Ky. A distinguished
gentleman, who slopped u town on
his way in mss country, was asked
sundry questions about, this and that
hy seekds of headline material. "I
have in inimat ion luiout anything,
he replied atriddy. IIis address is now
Nor!) ainpum. Mass. Formerly it v.-a .
Washington, D. ('.
—~
Mount, Berry, Ga. Young loll,;, ol
the bill country, thanks to Henry
Ford, are learning the quadrille, the
Portland Fancy, the Virginia Reel
:>ml tll< ’ Tike. ,Jl * ha « ■“ " l tw " ’»»
j’" 1 ' 1 ,ls : "" 1 ", sll ' il b’.' on-hestra I,
tiu l --.-n -.• - hunt and in addition ha.
deinonstfeted a few step: in person
v ' 111 ' M>">.
jt|: M
TWiH-immOH
® mm (/%dJ ? f ^fi?§ rf
Ilf SPARK 16 W Jgf
"7\PLUG sM
tr
1
TWIN-IGNITION MEANS
j j Greater Power, Greater Smoothness, Extraordinary Economy
BECAUSE two different motor cars are alike
Lj in in price. price, it does riot follow that they are also
alike in quality,value or performance, tj There
I is always a best, and if you are looking for it,
drive a Nash Twin-Ignition Eight or Six. They
are the only cars in their price field which offer
the superiority of Twin-Ignition performance.
•] Twin-Ignition (two spark plugs, two simulta¬
neous sparks, per cylinder, instead of onc-J pro¬
duces smoother, more thorough combustion
and consequently a smoother, more vigorous
29 EIGHT AND SIX CYLINDER MODELS
IN A PRICE RANGE FROM $935 TO $2385, F. O. B. FACTORY
1930 NASH 400
McDonald Bros. Motor Company
^hone 625 1306 Grant Street
YOUNG WOMAN IS
KILLED IN EFFORT
_ I O SHIELD FATHER
--
(B.V Associated Dress 1 ;
Bkiirsvillo, (!n„ March S. Edith | I
Miller, 25, attempting to shield her
xittier, ., shot i , and killed nine miles i
was 1
west ol Blairsville yesterday by Hugh
65, as the climax of a moun- |
Brown'is feud.
charge of murder. in jail here today facing |
The lend between Brown and Jim
Mi'ier, 55, father of the slain girl, has
been flaring up for several years, it.
oas said at the jail today.
The last trouble between Brown
Miller was thought to have been
si tiled at the last term of Union su
perior court when Brown won in a
(r. pass case in which Miller was the
plaintiff. Miller claimed that Brown
< n> i .inched upon his land.
Fate yesterday, local authorities
R. S. BIARDEAU
Painting, Decorating and Paper Hanging
Pee Gee Paints and Varnishes
206 Monk Street
Golf Golf
Play
The Red Robin Golf
Course
at the
Oglethorpe Hotel
Clean, Healthful, Entertaining Sport
Day Rate Night Rate
25c 18 Holes 35c
High-heeled shoes not allowed on Golf Course.
Golf Golf
flow of power. You can feel the difference.
You will know immediately what you have been
missing, driving a car with single ignition.
•| Other "400" features of superior performance
and value are Bijur centralized chassis lubrica¬
tion; lifetime-lubricated springs,encased in steel
spring covers; builf-in, automatic radiator shut¬
ters; and Duplate non-shatterable plate glass in
all windows, doors and windshields (no extra
cost in the Twin-Ignition Eight optional at slight
extra cost in the Twin-Ignition Six and Single Six).
PAGE THREE
said, Brown claimed he was working
in the field near the Miller land when
Miller and his daughter came to him,
the latter with his hands in his pock
els,
--- - — --------
A total of 88,010 cars of citrus
f niits u ' m> shi I>P ,,(l fl ’°m California in
tho , 1928-29 crop year.
Goitre Treated at Home
Chokin *’ Nervousness, Sleeplessness
Lizzie Lowe, Douglasville, On., says,
“I was so run down, my nerves were
so had I could not sleep and had ter¬
rible choking spells. Since using Sor
bol-Quadruple I have gained six
pounds and am able to work every
day. You can publish my letter and
I will tell or write my complete ex¬
perience to any one.” It. is easy to
use and not expensive. Get more
information at Andrews Drug Store
or write Sorbol Company, Mechanics
burg, <>. Sold by all druggists, (adv)