Hope Star from Hope, Arkansas on December 28, 1931 · Page 1
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Hope Star from Hope, Arkansas · Page 1

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Monday, December 28, 1931
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VOLUME 3&—NUMBEK 63 (At 3 )—-M«n« AllScUltd (NBA)'—M««h« Ne*»p«per Enterprise Am'n. HOPE, ARKANSAS, MONDAY, DECEMBER 28, 19321 MISSISSIPPI U. S. Business To Recover Despite Foreign Situation Guaranty Survey Shows Similar Trend Occurred in 1921-22 INTEREST" 1 ABROAD American Business Has Lost Ground While Watching Europe NEW YORK.—The end 6f the year .finds business activity at the lowest ebb since the beginning of the depression, states the Guaranty Trust Company of New York in tha current issue of The Guaranty Survey, its monthly review of business and financial conditions here and abroad, published Monday. "The year 1931, like 1930, hus been one of swift and rather steady recession in the volume of business and in prices, punctuated by temporary rallies that created false hopss for recovery," The Survey continues. "In the early months of both years, there were fairly well defined 1 increases in industrial output and in trade volumes that could not be traced entirely to seasonal causes; and these upturns were regarded in some quarters as the beginning of business revival. All such favorable interpretations were discredited by the actual course of developments. "The New Year will bring with if unsolved problems which will ct itstourse. The solution of these problems will fake" time and effort. The financial stabilizing of Europe, the balancing of pur national budget, and :the restoration of confidence are per- v- haps the 'outstnading tasks before us, . but they are attended with many other problems involved in the situation. Where River Broke Loose Monday As flood waters of the Tallahatchie river in northeastern .Mississippi continued to rise, Webb, Miss., was one of the many towns isolated by high waters. The picture above'sho'ws the water-covered main, street of the town. Webb, Glendora, Summer and other communities reported water from four to 10 feet deep, with many residents perched on housetops. More than 300 convicts from the state prison farm at Parchman, Miss., have been released for work on levees in that vicinity. ; flatlon, and political uncertainties are deterrents to economic progress that must be recfoned with, and still the process of readjustment to new, standards of value must go on. Th constructive efforts of the Governmen to strengthen bank, railroad, industria and real estate credit bid fair to b helpful and it may be that the wors of the crisis is over both here am abroad. But only the development of 1932 can reveal that. "Altogether, this country and th( world outside face one of the grea dramatic moments of history whose outcome is still too clouded to forecast and only as men's minds res back upon the assurance that count mehtods will eventually produce sound results and that the course ol events is always upward in the long . run is there any great ground for present optimism. Hard work, .economy, and balanced production and budgets will be important factors in any recovery, and, if their lessons are learned, may speed it more rapidly than is now expected. 1931, Contrasted With 1930 "The past year differed from the preceding one chiefly in that it marked a definite shift of emphasis to the European situation, and to purely financial, as contrasted with industrial, disturbances. The temporary revival in the spring of 1930 was due partly to a general failure to appreciate the seriousness of the situation that had been graclualy developing, and partly to the strenuous efforts that were made to stimulate confidence and prevent a drastic deflation of values. The improvement in the early part of 1931 was based on the view that the recession had run its normal course. But this view failed to take account of the critical financial situation that had arisen in Europe. "So marked was this transfer of the center of interest from the domestic to the foreign scene that some observers have characterized the developments of 1931 as a secondary depression, differing in its cause and its manifestations from the one that preceded it. There is some basis for this view, although it appears that the European difficulties were as inevitable a consequence of the economic excesses of earlier years as were the declins in prices and business activity in the United States. "The situation at the moment, is considerably more encouraging than it was two months ago, in spite of the failure of security ana* commodity prices to maintain the firmer enden- cies displayed in October and the early part of November. If the outlook depended entirely on conditions at home, it is conceivable that the possibilities for the early future might be regarded as fairly favorable. The fact is, however, that European prospects, which have become a vital factor in the American situation, are too unsettled otpermit any confident expectations for several months to come. Some means will undoubtedly be found to provide for the German short-term credits which, under the 's'.and-still' agreement, become due at the end of February. Any settlement, however, will necessarily be in the nature of a continuation of the present agreement. In other words, the credits will remain 'frozen'; and the freezing Treasury to Turn Back (»7 Million I. C. and Praitf e Pipe Line Only Ones to Draw Million Apiece WASHINGTON.- (JP) -A Treasury reconsideration .on .taxes and the decision that it had been wrong in many Instanes will put nearly 69V6 million dolUucK&eflk. into the taxpayers' pocketbooks for the 1931 fiscal year ending June 30th, it was announced Monday. Only two separate refunds were for more than one million dollars, one to the Illinois Central and the other to the Prairie Pipe Line company of Independence, Kan. Secretary Mellon himself received a refund of $85,000 cash; and a matter of 21 persons and firms in Arkansas received refunds. Senator Robinson received $671, while the largest refund was to the Loutre Lumber company of El Dorado, $10,608 for over-assessment in previous years. The Crossett Lumber company received $1,893, and J. D. Reynolds of Camden, $7,843. Community Store Is Sold Recently D. W. Bailey Sells Shover Springs Business to R. G. Byers United Air Lines Plans Reduction of Its Rates CHICAGO—(#>)—United Air Lines are considering reducing 'passenger plane rates from coast to coast, Ray W. Ireland, eastern traffic manager, said Sunday. Ireland said the size of the reduction had not been determined, 'but that an announcement would probably be made in a few days. The company operates planes from New York'to Chicago.and San Francisco, from Seattle to Los Angeles, and from Chicago to Dallas. 80 Pet. of Drouth Loans Are Repaid Arkansas Has Paid 31-3 Million in Cash, and Much Cotton MEMPHIS, Tenn.—(#•)-Eighty pel- cent of the $21,000,000 seed 1 loans made drouth-stricken farmers of five South, ern states by the Memphis federal loan office has been repaid either in cash or cotton collateral deposits, J. H. iynch, administrative officer, announced Saturday. Cash payments from the five states mounts to $6,377,226. Cash payments md cotton deposits stored in ware- iou.se as collateral by states follow: Alabama $494,899 and 21,189 bales; Ar- Lin Sen to Head Chinese National^ Japs Blow Up Armored Train and Continue Advance NANKING, China— (/P)— Lin Sen, 67-year-old president of the legislative Yuan, was Monday elected chairman of the Chinese Nationalist government.. ..,.,.. ..;.„• ; ;':.. . Japs on March MUKDEN, Manchuria — (/P) — A strong Japanese force moved up from Yingkow toward Kowpanttze Monday to capture Tawa after blasting a Chinese armored train in a hard fight. Reports from the field said the Japanese objective may include Chin- chow. ,D. W. Bailey, well known Hope res- dent, who for the past three year, las owned a general merchandise tore at Shover Springs, three miles Southeast of this city announces the ale of this business to R. G. .Byers he deeal having been closed on las tVednesday. Mr, Byers si not a stranger to the Shover Springs community. He is the Idest son of Mr. and Mrs. R. L lyers, former residents of Shover Springs. For several years Mr. Byers ras been a teacher in the public schools of the county. Early this year he established a drug store at Kilgore, Texas, returning from there only recently. FLAPPER FANNY »SAYS : ma. !j. a. PAT. OFF. (C'uiuinuuU on pagu ihreu) kansas $3,317,695 and 25,568 Louisiana $640,134 and 10.252 bales; Mississippi $1,238,108 and 17,783 bales and Tennessee $686,388 and 5,996 bales. I In addition to this cotton and 1 cash, farmers in the five states have 250,000 bales now in the hands of five co- Shot Three Times, Wounded Seriously Roy Defoor of Scott County Fired On by Postmaster, It Is Alleged HOT SPRINGS.—Row Defoor, aged 31, employe of the Caddo Lumber Company at Forester, Scott county, Bulletins ' BOMBAY (yP)-Mahatma Gandhi, In his.first speech after his return from London, fold a crowd of 50,000 white-capped Nationalists In •an open field Monday that he would not flinch from sacrificing the lives of a million people as the price -of India's liberty. In their .last fight Nationalist congress members had to face staves, he said, but next time they "hay have to fact? bullets.' CONWAY-(yp)-Joe Dlxon, 12 was killed and two companions were Injured when the automobile Dlxon was driving overturned • north of here Sunday. Lee Boyd, : 15, and Less Acre, 14, were thrown ' clear' of the wreckage, suffering slight injuries, while Dlxon was pinned underneath. ' Baby Killer Pair Are Turned Loose Suspects Freed in Harlem Murder, But One Will Die NEW YORK-(;p)-Vincent Coll and Frank Biordane were acquitted by an order of court Monday of the murder of 5-year-old Michael Vengali, who was slain in a Harlem street last summer by a gangster fusillade. The principal witness for the prosecution was George Bright of St. Louis, who positifely identified the defendants as the killers. But under cross- examination he admitted he lied when he said he had never been a witness in a previous trial. Giordane is already under death sentence for the murder of Joseph Mullen, and Coll faces charges on a gun-toting law, in which he had jumped bail, and also charges in connection with a ?30,000 dairy holdup three years ago. R. A. Cook Resigns From Audit Group, May Be Candidate Secretary Quits Commission, Possibly for Pu- laaki County Race IS SECOND TO RESIGN Chancellor Futrell Quit Last Spring to Force Granting of New Powers LITTLE ROCK.-(/P)—R. A. Cook, Little Rock, secretary of the State Highway Audit Commission, resigned at a meeting of the commission Monday—but his resignation was not ac- 'cepted until a successor might be chosen. •' • Cook, former sheriff of Pulaski county and mentioned as a candidate for county judge, said a clause in the highway audit act prohibiting audit commission members from becoming candidates during the next two years was his reason for resigning. Levee Crumb i , .'-...•• ; ; ' ' 1 and Glendor -' • • • - • .^^ j^M Feet Ug "fallahatcKi * i \i onRampaj Strawberry Plans Bloom Once More d O N W A Y.—Strawberry plants blooming and bearing young berries on Christmas day is a rate phenomenon in Faulkner county, but A. J. Matthews exhibited some plants from his farm at Pickles Gap which bore both hblooms and young fruit. Mr. Matthews has an acre of one of the earliest varieties of berries, ana* said that if mild weather continued for 15 days ha would-have ripe strawberries. The plants were set out last March. He said the exceptionally early blooming of the berries would not prevent them from producing a crop next spring. Water Pours Int District Early! Morning^ RESIDENCES operative associations for sale, pledged to the seed loan office for payments of loans, Mr. Lynch said. bales; was brought to the Leo N, Levy hospital Sunday suffering from three bullet wounds said to have been inflicted by Jack Hughes, also an employe of the lumber company and postmaster at Cedar Creek. Defoor was reported to be in a critical condition. Hughes Michigan Archers Kill Three Deer On Reserve Young Minister To Be Ordained Here Willie Rister, of Near Lewisville, Will Be Given Right to Preach An invitation is extended to ithe general public to attend an ordination service at the Garrett Memorial Baptist church on next Friday night, beginning at 7 o'clock. At this time Willie Rister, who has been studying for the ministery for a number of years will be ordained. A number of outstanding ministers have been invited to attend this service. Mr. Rister is formerly from near Patmos, but for the past several years has lived' near Lewisville. , Second Resignation Mr. Cook's resignation.is the second to be reported by the Highway Audit Commission since its appointment by Governor Parnelllast spring. Chancellor Futrell • of Paragould former chairman of the commission resigned early in the summer during a controversy over the powers of the auditing body, and was succeeded by Judge William Waggoner of Lonoke who also became new chairman of the commission. Although Chancellor Futrell'resign- ed abruptly, his . action was understood to be based on the assumption that the Highway Audit Commission did not have, adequate powers under the auditing act passed by the regular session of the legislature last January. BLANEY, Mich.—(fl 1 )—Three deer have been killed in the Michigan archery reserve here this season. The heaviest bow used was 68 pounds, but the most efficient work was done v^ith 55 find 1 58 pound weapons. In the past archers have differed on the type of weapons best to use, the majority being of the belief heavy bows pulling 70 pounds or more were best. Such large bows are almost impossible for the average man to use. escaped, following the shooting ,it was said, and had not been apprehended. The cause of the shooting was not known definitely, but it was reported the two men had been enemies for several years. Defoor was brought to Hot Springs by his father, J, R. Defoor He was shot in the right side pust below the chest, in the right arm and in the neck. The shooting occurred about 5 p. m. near the Defoor home. Forester is about 75 miles west of Hot Springs. Create Wood Yard For Unemployed Malvern Mayor Puts Jobless to Cutting Wood for Sale in City 4 «<WH may bo filling and yet ncl Out of Debt, Cash Banked, Arkansas City All Smiles MENA, Ark.— (A>)— The wolf does lot linger at the door of Mena, Ark. For the county seat of Polk county s on a cash basis. The treasurer's cport shows that all city employes vill be paid in full at the end of the year, all outstanding warrants paid and a balance in the bank. During the past year, without cutting salaries, Mena has purchased needed road equipment, fire hose and other necessities. A $50,000 street paving program has just been completed, and plans are under way for paving another street. Shiver's Condition Continues Serious The condition of Ernest Shiver, local plumbing contractor who was operated on for a ruptured appendix last week, continued critical Monday, Julia Chester hospital reported. Mr. Slvvoi 1 \v:is .slightly improved, but npt out of danaur, Ihc hospital said. Texan Finds Fish Make Good Decoys Large Tarpon Trailing in Water Attracts Another Which Is Caught BROWNSVILLE, Texas.— (A 1 ) —The Use of decoys in duck hunting is as old as duck hunting. But the use of a decoy in fishing hud its first trial in this section recently and proved successful. Dr. J. L. Rentfro of Brownsville, an inveterate fisherman, hooked' a large tarpon in the waters of the Gulf near Fort Isabel. He trailed the tarpon along behinl the boat and found that it attracted other tarpon, another six- footer being landed in a short time by members of the group. Ed Hicks, 68, Negro Citizen, Dies Here Ed Hicks, aged 68, one of the best known negro citizens in the county, died Saturday night and was buried Sunday in Cave Hill cemetery. He worked for many years at the White House. East Second street. Funeral arrangements were handled by Hopo iii'KUi'c company. MALVERN, Ark.— (ff>)— A wood yard has bee nestablished here for the un- employel by Mayor H. A. Givens. The city pays the ,workers by the cord and rick, and sells the wood .to residents. The wood is secure.! from persons with land' to clear, who give the tim ber free to get it hauled away. Stree department employes haul the wooc here. •.^ Under the -.chairmanship of Judge Waggoner, however, the Audit''Com- mission continued its fight for further powers, ending in a terrific political battle at the extraordinary session of the legislature this fall. Governor Parnell unexpectedly included the highway audit issue in his special session call. The house voted with the audit commission, but the senate held out for a bill said to be supported by the State Highway Department. After a prolonged fight, the two branches agreed on a compromise auditing bilL.with greater powers than the original 1931 act, and the Highway Audit Commission Has proceeded under that authority. Mr. Cook's resignation is the first change reported in the personnel of the auditing body since the passage of the new act. Clause Knocked Out Although unsupported by a test suit, , the failure of the emergency clause to | be attached to the new auditing act was believed to have invalidated the clause referred to by Mr. Cook as pro. hibiting members of the Audit Commission from running for public office. The date named as the deadline for the filing of pledges not to be a candidate, would have expired before the 90 days necessary for an act to become effective without the emergency clause. However, Mr. Cook appeared Crops in Arkansas Worth $104,941,000 Buying Power 37 Per Cent Greater Than in 1930, Report Says LITTLE ROCK.-(#>)-Arkansas' record crop of 1931 brought only 21% per cent more 'money into pockets of tfie farmers' than the state's minimum crop of 1930, Charles S. Bouton, federal- state crop statitician, showed in his annual report made public Monday. The total value of field, gruit and truck .crops in 1931 was '$104,941,000, Yazoo Rail the Homes! Apparently! CLARKSDALE, Glendora levee cru fore the raging Tallahatchie". water btgan pouring iinW,{ to a depth of five feet. 1 * Water poured Into the i ___ „. tlon, but there was no 'loss of J it was believed that the" section is safe from the ______ ing to the protection , given^t embankment of the Yaz6jo{«"*" sippi Valley Railroad 'du Every store in GlendoraYia and a considerable number fo dences are in water. , '* v - •&> •Cotton; with an estimate! total value of $60,000,000, including seed, accounted Cotton, with an estimated total value for the state. ' Prices in 1930 shrunk from 15 to 40 per cent on the various crops in comparison with 1929. Mr. Bouton showed. This downward trend continued into 1931. Corn dropped from 96 cents to 37 cents a bushel; cotton lint from 094 cents per pound to .055 cents; Irish potatoes from $1.15 a bushel to 55 cents a bushel; will hay from $10.60 a .on to $5.50; tame hay from $14.80 to '8.30; and other crops in proportion. "What this shrink in prices means can be shown comparatively in another way," Mr. Bouton said. If the 5 principal field crops whose total is 197,519,000 for 1931, were computed with 1930 prices per unit, the total ivould amount to $184,217,000, or over wo and a fourth times as much as the 5 crops were worth in 1930, "However, as the prices of commodities which parmers buy have Hempstead *• This Year's duction May Se©| Record to be guided by the language of the law rather than trust to litigation, even though this might be successful, shrunk also, the comparative buying power of this year's crop is greater than the 21 M> per cent by which this year's prop exceeds last year in dollar value, s "In the United States as a whole, prices of farm products are about 69 per cent of last year's prices, but prices of commolities bought by farmers are about 84 per cent of those of The ginning, report 'fan J county showed 28,689 bales u cember 13,'the Bureau of LtH advised William Brummet enumerator, Monday when'-ijlc ed his preliminary' report i} 5 '!-' The December 13th tabVlatiohf.. pares with 13,337 bales'" an-*'ti>eR|I date in 1930." ' •,; '^i^Vi'sjjj, The current crop 'is cer'tain®Ji£f second largest in the history«iif 10$$., stead county, and many "observers'^! lieve it will be the largest: .r---'*" duced when final figures are' Hempstead reached an all-time in 1925 with a production ^pf; 31,000 bales, and in 1926, the; j the largest American crop, nearly 29,000 bales. ' Catholic Priest Finishes Poem of 25,000 Verses CHICAGO.— (fl>)— Dante was a man of brevity compared to the Rev. Father George Blatter, Chicago poet. Father Blatter, former pastor of a Catholic church here, has completed a ?25,000-verse poem dealing with the after-life, according to word reaching here from Rome. Where Dante's "Inferno" recounted only one visit to the nether regions and contained only 10,000 verses, Father Blatter's poem tells of three such visits. He left here in 1928 to go as misisonary to Afghanistan. Washington to Meet Guard Team Tuesday The Arkansas National Guard bas- cctball team will play Washington High School at 8 o'clock Tuesday night n the Hope armory, with a good at- endance from out of town expected. Quantity of Wine Found Near Mountain Home MOUNTAIN HOME— (#>)—Pre-hol- day raids iirar here resulted in the •iscovery rf 1.200 gallons of wine on the farm of J. T. Lungham. officers Ozark Canners to Hold Convention Owners of 250 Tomato Canning Plants to Meet January 7 and 8 SPRINGFIELD, Mo.(/p)—The Ozarks Canners Association, composed of owners of more than 250 tomato canning plants in the Missouri and Arkansas Ozarks, will meet here in annual convention Jauary 7 and 8. Earl M. Rush, president of the association, said 500 carloads of canned tomatoes had been moyel from the district this fall and that 900 cars are n storage. Alamo's Privacy Saved From Business Intrusion SAN ANTONIO, Texas.-(7P)-Tho state of Texas has acted to keep towering skyscrapers away from the Alamo, its hallowed shrine of freedom. But when the legislature appropri- ted $150,000 with which to purchase business property adjacent to the old nission-fortress, built by the Fran- :iscan monks in 1718, it lacked $65.000 if putting up enough. It remained or Mrs. Clara Driscoll Sevier to sup- ily the remainder from her personal esources. It was not the first time she had ome to the rescue of the landmark. Twenty-five years ago, as a school- irl, she aided in a campaign to buy nearby business lot, on which it was ^iuuu.'J t<j uvcl a UulL'l. last year. So roughly speaking, Arkansas farmers are about 37 per cen better off than last year in what the crops will buy. This does not take in to account the value of animal pro ducts, which are not yet estimated. "A year ago, the first thought fo 1931 was to make a living. Not onl has that goal been attained, but prog ress has been made in reduction o operating expenses, in payments o debts and in provision for future oper ations." Corn this year became the seconi most important crop in Arkansas, 43,965,000 bushels being produced which had a value of $16,267,000, comparec with 8,347,000 last year, valued at $8,013,000. Tame hay was the third crop in importance. Its value this year was $5,818,000, or more than $500,000 less than in 1931, when $6,394,000 was realized. Tomatoes for canning, due to overproduction, declined sharply, as did beans, spinach and strawberries, but cantaloupes, cucumbers, watermelons and tomatoes for market increased. Truck crop production brought returns amounting to $2,643,000, or 82 per cent of that of 1930. Comparisons of 1930 and 1931 crops values follow: Crop 1930 Rice $6,373,000 Cowpeas (for grain) 909,000 Irish Potatoes 3.102,000 Sweet Potatoes 1,835,000 Apples 1,585,000 Fetches 134,000 Grapes 360,000 Pecans 183,000 Snap Beans 171,000 Cabbage 32,000 Cantaloupes _... 104,000 Cucumbers 38,000 Spinach 44,000 Strawberries Tomatoes (market).. Tomatoes (canning.. i Wulcnucluiis 1,706,000 211.000 811,000 123,000 1931 $5,722,000 1,015,000 2,081,000 1,584,000 2,100,000 1,228,000 400,000 183,000 119,000 32,000 160,000 96,000 57,000 1,354,000 301,000 428.000 'JG.OOO' RobbedpfH Three Unmasked ....... Men Loot Poteau Institution and Escape FORT SMITH.-Between $6.999 and!' $7,000 was taken by three young, un-*' masked men about noon Saturday'"'' when they robbed the Central Na*«'. tional bank of Ppteau, Qkla. Mjss'] May Yasser, bookkeeper, was alone in ^ the bank when the bandits arrived.'I'l Only one entered at first. The others? 1 entered soon after the first had scoop, ' ed up all the cash in the till and ' tered the vault. Miss Vasser was left lying on floor with orders "not to move for 1? „ ninutes, or we will come bacH and <fo.fi plenty." she was found 10 rain ' ater by a customer. She said the<i man told her: "I hate to do this, m a poor man and have to." Negrote Accused in Farmer's Death; lieved Shot During Argument Over Debt STEPHENS, Ark.-(/p)-J. B. Polk,' 0, farmer, was shot to death af his arm near here Friday and one negro s held in jail and his 17-year-old spn^ s being sought as a result officers fee- : eve of an argument over a debt. After the shooting, Lewis Blake, 4ft" egro tenant on Folk's farm, surreq*' ered and officers found Folk's body near his house, shot thrpjj$d» the eye, Searchwas begun for pbert, BWte's son. *A coroner's jury decided Polk cafijj? o his death at the hands of the two - egrpeg, and recommended they ha, • fid to the stand jury without bou,J.

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