The Daily News Leader from Staunton, Virginia • 3

THE EVENING LEADER. STAUNTON. WEDNESDAY, JANUARY 3, 1940 PAGE THREE on indictments pending in the state court. WAYNESBORO CORPORATION Walter Beginning" 14-year Term on Bench in New York Since the gangster's trial in federal court has been concluded and sentence has been passed. Murphy said, he had instructed United VIRGINIA WEATHERED THE DEPRESSION YEARS NICELY BY TAYM-IT IS CAPITALIZED AT $100,000 States Attorney John P.

Cahill to of Walter's new position In "a court of highest importance In this state." The new justice attended the University of Virginia after tsudylng la wat Winchester with the late James P. Whitacre, who also maintained oScIs in New York. 0 Ten years' research was culminated in announcement by Hugh Knight of Claremont, CaL, of what may prove a knockout blow to the coddling moth, which annually does heavy damage to California's rich citrus crop. Its vital part la consent to the issuance of a habeas corpus, in accordance with the state's request that Buchalter be delivered to loca lauthorities for trial. Richmond, Jan.

2 Charters Mrs. Marie Brittingham, agent in and certificates of authority New York, Jan. 2. Carroll G. Walter, a native of Winchester, Va, today betan a 14-year term as a justice of the First judicial circuit of the New York state supreme court.

He was sworn in by Justice Peter Schmuck in a courtroom overflowing with friends and relatives. Justice Schmuck presented the new justice by stressing the importance of "business. Maximum cap by the state corporation commis ital $2,150. To do a general laun sion today Included: dry, dry cleaning and clothing re pairing business. (Continued Horn.

Pae 1) two and one quarter. The issue Char ten Wayne Veneei- Corporation, Way Japan leads the world in production of commercial synthetic fibers yet none of them were invented in Japan. ba technique for applying lead arse- Arthur H. Schreiber. Attv.

brought a premium of $57,3 12.50 giving an average rate for the en nesboro. Maximum capital Washington. 000. J. V.

Webb, president, Waynesboro. To manufacture and tire issue of 2.17 per cent. The saving in interest the first year was $103,075, and increases an deal in wood and metal products. pendents from $400 to $200; Lowered inheritance tax exemptions from $10,000 to $5,000 for beneficiaries who were not lineal descendants or surviving consorts and other relations' exemptions torn $4,000 to Raised the gross receipts tax on power, heat and water companies from 1 1-8 to 3 per cent of that over Imposed a tax of 1.6 per cent, the same as paid by street railways, on city bus receipts; Changed the basis of retail merchants license taxes from purchases to sales at a rate of 13 cents per $100; And made other changes, including imposition of a tax on gas pipe lines on a mileage basis. Gained About Million Records of the state comptroller show that for the first year after the changed tax program receipts from water, heat, and light companies jumped from S93.O09 to and that all increases were well over $1,000,000, although some unexpected declines reduced the net increase to something less than $1,000,000.

These levies, passed as temporary measures, later were made permanent. The state from then on began to throw off the outward effects of the depression. The institution of the state liquor monopoly in 1934 was big factor in helping pull the state back on an even financial keel. The ABC system yielded, to C. G.

Quesenbery, nually as additional bonds are re Lepke Pleads Guilty, Given People's Chevrolet, Harri sonburg. $50,000 maximum capital. Fourteen Years Regina A. Chapman, president, 3) tired. The excellent state of the sinking fund is shown by the fact that it has an earned surplus of approximately $385,000.

The state had not come to realize the extent of the hard times ahead in 1930 when Governor Pollard Snap on ignition. Touch starter, but let up quickly. (Use choke a moment, if manual type.) Forget that Winter was ever invented; slip into gear and go. Harrisonburg. To do an automobile business.

Herbert W. Wyann, Harrisonburg. Warren J. Courtney Son, Inc. New York, Jan.

2. (JPy Loui? (Lepke) Buchalter, a thick-bodied industrial racketeer whose career had been surrounded by an aura of violence and sudden death, settled all his old accounts with the federal said the state of the treasury justi Northumberland county. P. O. address Mundy Point, Va.

Maximum capital $50,000. Warren J. Courtney fied further tax reductions, in addi tion to those that became effective president, Mundy Point. To do a that year. On June 30, 1930, the P.

S. This works just beautifully with Conoco canning and packing business. Nor- state had an unobligated surplus of ris fc Lively. $1,466,741.12. Potomac Credit Bureau, In 1932 the pinch was being felt.

Arlington county. P. O. address The surplus shrank to $541,003.45 1042 North Irving Arlington. Bronz-z-z-z gasoline from Your Mileage Merchant's Conoco station.

Fill up today. Maximum capital $2,500. Albert and further declines in revenue were forecast. This led the governor to recommend a reduction in the H. Cohen, president, Colonial Vil lage, Arlington.

To operate a cred- the state and localities more than bureau. Solomon Gressberg, At $28,000,000 in profits through last ty, Peoples Life Insurance bldg. SPECIAL WINTER BLEND June 30. Washington. Seal and O'Connor, Win ly if revenues did not come up to estimates.

Many state employees no doubt look back to those days when there was no limit on bow far expenditures might be slashed and utter a little prayer for continued good times. Bedaeetf Debt One of the most remarkable things about the depression and Virginia finances was that the commonwealth not only escaped any Increase in Its debt but actually reduced It. In 1930 when Governor Pollard took office the public debt amounted to today it is a decrease of $3,467,078. When the assets of the sinking fund, totaling $4,654,500, are taken into consideration, the debt looks even more insignificant with a net of only $14,861,500. Virginia might also point out that in refunding issues the state benefited in lower interest rates to the extent of about $175,000 a year.

Governor Peery in his farewell address to the assembly recalled that four issues of highway certificates of Indebtedness totaling were refunded at a total annual interest reduction of $74,505 between July 1, 1934, and July 1, 1937. In the sale of a $950,000 refunding issue in 1936 to mature in 1946, and which carried an interest rate of one and three quarters, the state received a permium of giving a net interest of 1.57 per cent per annum. This, Governor Peery proudly pointed out, gave Virginia a lower interest cost for a debt of this type and term than that enjoyed by any other Another important operation in November, 1936, was the refunding of the old Century bonds, bearing three per cent Interest, with a new serial issue in the amount of The first block maturing In ten years carries an interest rate of one and three-quarters and those maturing between 1946 and 1966 of state supplement roads from to $500,000 for the first year of the biennlum and its abolition the second; a ten per cent salary cut, and the insertion of "section 30" in the appropriation bill. The "Cuts' Governor Pollard ordered the first reduction of 10 per cent in June, By June 30, 1935, the deficit in the general fund been reduced to $1,726,806 and at the end of the chester. Maximum capital $5,000.

Lucille H. Seal, president, Winchester. To do a cleaning and biennlum there was an unobligated government today, and was sentenced to fourtee nyears in prison. Appearing for sentence upon a conviction for conspiracy obtained against him Dec. 20 as a key figure in a $10,000,000 international narcotics smuggling syndicate, he unexpectedly wiped the slate clean.

His dead-black eyes still and his heavy mouth drawn thin, he pleaded guilty to nine additional narcotics indictments and to a brace of Indictments for violation of the anti-trust laws specifically for rack-eeering in the fur industry. Judge John C. Knox, acting on the recommendation of U. S. Attorney "John T.

Cahill, thus Imposed sentence: twelve years for narcotics violations; two years for fur racketeering; an additional 10-year sentence, ssupended conditioned upon good behavior, and a $2,500 fine. Washington, Jan. 2. -P) Attorney General Murphy telegraphed Thomas E. Dewey, New York district attorney, tonight that the federal government would release Louis Buchalter -to him for trial i surplus of $564,821.

Five per cent pressing business, Herbert S. of the salary cut was restored and Larrick, Winchester. provision made for the restoration of the remaining five if conditions Certificates of authority: Tyler and Rutherford Inc. A warranted it. They did, before the District of Columbia corporation.

end of the Peery administration. Six Million Surplus The pickup in business and taxes Ik GASOLINE Principal office in Alexandria. Vaughan B. Connelly, agent in charge of business. Maximum car ital $6,000.

To conduct a real estate business. R. Bruce Warden, gained such momentum that by the end of the fiscal year 1937-38 there was an unobligated surplus of Washington. $5,971,319 in the treasury. The Clothes Doctor, a District of Columbia corporation.

Princi 1932, increased the slash to 20 per cent in December of the same year, and sliced off another ten per cent in May, 1933. When he told the "beer session" of 1933 that falling revenues would necessitate still another cut, the legislators relieved him of making further cuts and the fiscal year 1934 ended with a deficit of $2,291,482.12. In addition, there was $373,414 in authorized appropriations wtiich were not expended. Governor Peery stepped into the executive mansion at this critical stage, and, to carry on the balanced budget tradition and at the same time 3et more money for schools, proposed a $1,000,000 tax progTam. The portions of his program adopted lower the Individual income tax exemptions fronl $1,250 to $1,000 for single persons, married persons from $2,800 to $2,000 and for de- However, the outgoing administration recommended utilization of a large portion of the surplus for pal office in East Falls Church needed capital improvements, and, though incoming Governor Price effected some shifts to give the schools and certain other activities NEW additional funds, the total appropriated was but little changed.

To tal appropriations from the gen eral fund for the two years end ing next June were $44,908,836 as against the latest estimates of re ceipts for the period of $42,683,307 an estimate that has been revised upward since the 1938 session of the legislature. UNION PRAYER SERVICE Young Mothers! Do What Your Mother Did About COTMMG GOLDS The congregations of Christ Lutheran church and Central Methodist church will unite in the prayer service this evening at sev en-thirty o'clock. It will be held In Central church, with Dr. John presiding and the Rev. Raymond D.

Wood making the address. Central church folk will be guests of the Lutheran congregation at a similar meeting of colds. Today three out of five mothers are benefiting by this forty-four-year-study of colds when they use VapoRub and let Its amazing poultice-vapor action go to work. PROFIT BY THEIR EXPERIENCE. Do this.

If it's a coughing cold, melt a spoonful of VapoRub in a pan of boiling water, and breathe In the soothing, medicated vapors. Then massage Vicks VapoRub on throat, chest, and back and go to bed. VapoRub 3 Out of 5 Mothers Use This Home-Proved Treatment You are right to worry when a cold etrikes your family. You should take steps, at once, to relieve the misery and suffering. But you want to be sure that what you do is really helpful.

You dont want to take needless risks. Now here is what most mothers do. They use Vicks VapoRub. Since 1895 Vicks and their doctors have studied ways to treat the distressing symptoms early in February. 0 Mincemeat, rather moist, makes a delicious filling for pastry rolls or pie crust squares.

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(Vom Mrtd rw ptac Havy Ovoraewait vet. I wcIom 25c down payment asd-O0TM 10 pay the batonot 25c weekly. Bui Fiiraitare Corp 1 0 0 0 I ADDKESS. THE PAUSE THAT REFRfcS CITT. 22 S.

Augusta St. emt I eioeni xccoowr I Aocoum C. BOTTLED UNDER AUTHORITY OP THE COCA-COLA CO. BY STAUNTON COCA-COLA. BOTTLING WORKS, IN Chas.

S. Hunter, Mgr. 709-U N. Augusta St. ana Phone 804.