The Bismarck Tribune Newspaper, August 9, 1929, Page 1

North Dakota’s Oldest Newspaper ESTABLISHED 1873 ' THE BISMARCK TRIBUNE BISMARCK, NORTH DAKOTA, FRIDAY, AUGUST 9, 1929 The Weather ~~ Mostly fatr and Sat 5 tcmewhut onder Balatlay.°7 PRICE FIVE CENTS BILLION DOLLAR SLUMP HITS STOCK MARKET Bandits Rob Bank; Nabbed in Running Fight CASHER FORCED |[__tertr sete atest TO DISCLOSE CASH; PATROL WINS CHASE Three Men and One Woman Are Captured After They Hold Up Elk River Bank BANK LOOT IS RECOVERED Robbers Compel Physician and His Wife to Aid Them in Execution of Plan Elk River, Minn., Aug. 9.—()}—Less than two hours after they held up the First National bank here and es- caped with $7,200 in cash, three men and a woman were captured after a cunning fonfight between the robbers and Earle Brown, head of the state highw patrol, and Mike Auspos, highway patrolman. One of the bandits was wounded. The men first appeared at the home of Dr. G. A. Page about 6 a. m. After “covering” Dr. Page with a re- volver, they forced him into the house and asked to see Mrs. Page. After a few moments Dr. Page, who is not associated with the bank, learned he was being used to aid the trio in robbing the bank. ‘Covers’ Doctor For nearly two hours Dr. and Mrs. Page were “covered” by revolvers of two of the men while a third sat in an automobile in front of the Page home. When T. M. Olson, cashier, was passing the Page home Mrs. Page, under threat of death, ordered to ask Mr. Olson to come into the house as Dr. Page “wanted to see him.” The Page home is about three blocks from the bank. ‘When Olson entered the Page home, he was told by the leader of the trio, who was about 6 feet 3 inches in height, that “the bank is about to be held up.’ cided one two would accompany Olson and Dr. Page to the bank. It was about 8 a. m. when,the two bank robbers, accompanied by Olson and Dr. Page, drove up to the bank in the physician's automobile. Warns Assistants Entering the bank, the leader warned Miss C. M. Biessler and A. I. Donahue, assistant cashiers, that “the bank is being held up” and “not to put in any alarm after we leave be- cause if you do Olson and Page will suffer.” While the smaller of the bandits, described as being about 5 feet 8 inches tall, covered the assistant cashiers and Dr. Page with a re- volver the other ordered Olson to “open up the safe.” After taking all the money from the cash drawer and placing it in a bag, the leader scooped up the cash from the compartment in the safe. Just before departing, the two rob- bers warned Donahue and Miss Bies- sler against sounding an alarm. Climbing into Dr. Page's automo- ;NARROWLY ESCAPE DEATH Stormy days over the tariff are ahead when the senate reconvenes August 19 with Senator Borah of Idaho (left) leading the belligerent Republican Independents, Senator Smoot of Uteh (right) heading the Republican Regu- lars, and Senator Harrison of Mississippi in the forefront of the. Democrats. COAST GUARDS WAGE BATTLE .... WITH DETROIT RUM-RUNNERS Bullets From Pistols Whistle as Opposing Craft Race Down Center of River Smugglers Make for Canadian| Shore After Grazing Chief Patrolman's Neck Detroit, Aug. 9.—(AP)—Coast| guards and rum runners engaged in| a spectacular pistol and revolver battle in the Detroit river early to- day with craft of the rival forces. racing down the center of the river less than 100 feet apart. No casual- ties were reported although two of the guardsmen had narrow escapes. The rum runners escaped to Can- Dr, |ada_with their cargoes. scene of the robbery shortly after- wards and stopped to inquire. Told of the holdup, he drove to the home of Auspes, oe reiges. 1 2k Fes, in ig it HE i g E 42 i i z E th er gE I i #2 fe redini : E é : i pe i fey i H i | ge i § | ine ft ‘ A] : iH : i i 5 i ie i i EniSEE 4 ie é The federal forces were under command of Jonah T. Hagglove, chief boatswai mate, While pa- trolling the river they sighted a speed boat towing a loaded row boat coming out from behind one of the small islands off the shore. Hagglove hailed the three men in the speedboat, ordering them to halt. A_volley of shots was his answer. Hagglove and the two coast guardsmen under his command emp- tied their pistols twice before runners escaped“toward the Cana- dian shore, OF HOOVER'S BIRTH AT WEST BRANCH, [A D. A. R. Will Place Marker To- morrow Where First West- ern President Was Born td OO | Movies Outdone =| | In Forest Fire | The Pas, Man., Aug. 9.—(?)— The taovies outdone in real life; a pas- senger train arrives after a 3-mile dash through burning forests with flames shooting 50 feet high on both sides of the track. The dash was un- dertaken when the constant approach of the fire threatened to destroy the train as it stood. FIGHT OVER TARIFF WILL START SEPT. 3 INSTEAD OF AUG. 1 Senate Committee Cannot Com- | plete Its Work in Time for a Report on Earlier Date Washington, Aug. 9.—(AP)—The senate’s long struggle over tariff revision is. now set to begin Septem- ber 3, instead of August 19 as lead- ers originally, planned. postponement, effected through an agreement between re- publican and democratié leaders, was anged after it became apparent tajority members of the senate finance committee who are rewrit- jing the house tariff bill could not complete their work in time to sub- mit their report on the earlier date. Under the party leaders’ spree ment, the senate will reassemble as planned, Aug. 19, but will take three-day recesses thereafter until September 3, practically eliminat- ing the likelihood of a controversy developing on some other sbject which might further delay the tar- itt lation. Democratic members of the com- mittee will have an opportunity, meanwhile, to study the decisions of the republicans affecting the rate schedules in preparation for the de- bate to come. THREE KILLED WHEN AIRPLANE ON FIRE CRASHES 10 EARTH Passengers and Pilot Die In Flaming Craft in Wyoming; Seen Several Miles soJRivEsE ge : Hee i { WAR MENACE GROWS WITH BREAK-UP OF PEACE NEGOTIATIONS | Eastern Commander of Soviet Force Issues a Belligerent Manifesto to Russians SAYS FORCE IS NECESSARY | Slav Airplanes Maneuver Above; Eastern Terminus of Chi- nese Railway ‘Tokyo, Aug. 9.—(4)—Sino-Russian antagonism in ‘Manchuria has in-j creased greatly, almost overnight, and | reports from Harbin, Mukden, An-| chuli, and other centers today indi- cated definite danger of serious de- velopments. | Harbin dispatches to Rengo, Jap- | anese news agency, said it was re- ported from Vladivostok the far east- ern commander of Soviet forces there had issued a manifesto extremely bel- ligerent in tone to the Russian people. ‘The manifesto alleged Chinese stub- bornness had compelled Soviet Rus- sia to resort to arms but that the people need not be alarmed since the Red guards were able fully to cope; with any emergency. The report was circulated in Chinese circles but un- verified elsewhere. | A message from Pogranichnaya, at the eastern terminus of the Chinese | Eastern railway, said 38 Russian air: planes maneuvered over the town yesterday. From Manchuli it was re- ported that in addition to airplanes a force of Russian armored cars ma; neuvered close to the border. Japanese dispatches from Man. chuli, where representatives of Soviet Russia and China have been discuss- | ing the situation arising from seizure of the Chinese Eastern railway, said negotiations had broken down. The Chinese delegates were said to be leaving Manchuli today for Nan- king. HEAVY BOMBARDMENT HEARD EARLY TODAY | Tokyo, Aug. 9.—(AP)—Advices | to Rengo News Agency from Man.- chuli, Manchuria, said the sound of heavy bombardment from the direc-| tion of Matsievskaya had_ been) heard since 7 . The in-| habitants were much alarmed. It) believed here, however, to be) no more than a Soviet demonstra-| tion. Matsievskaya is located in Siberia just across the western Manchurian frontier and about 15 miles west of! Manchuli. Heath Is Arrested For Questioning on Custom Agent Death Detroit, Aug. 9—(#)—John M. Heath, aboard whose cruiser Richard J. Sandilands, federal prohibition | agent, is believed to have fought be- | fore his death in the Detroit river | early Saturday, was arrested at the Michigan Central station by special customs agents this morning as he| stepped from a Chicago train. Heath | was taken to the district attorneys | office for questioning. | FOUR MEN ARRESTED FOLLOWING ROBBERY OF BANK IN GWINNER Bandits Carried Plans to Rob. Two More North Dakota Banks, Police Report THREE OF MEN WOUNDED Loot Taken by Quartet Is Re- covered; Robbers Deny Dep- redation in Denhoff Gwinner, N. Dak., Aug. 9.—(?)—Ar- rest of four men in connection with the Gwinner State bank is believed by police to have thwarted plans for two other robberies in this state. The men, taken into custody yes- terday following a two day search, carried plans which called for the robbery of banks at Ellendale and Oakes, N. D., according to police. One of the robberies was to take place Thursday and the other Friday, | police said the plans showed. Three of the men taken ito custody are wounded. The men who held up the Gwinner bank engaged in a gun fight with citizens of this village, and several of them received wounds. The loot of $400 in silver obtained by the robbers was found by police in the custody of the men. ‘The men were captured in a hay- loft of a barn near here. The four un- der arrest gave their names as John Mitchell, George Smith, Thomas Kir- win, and John Grant. Ruben Bentson of this city first no- ticed the robhers at work in the bank and he sounded an alarm. It was Bentson, also, who was in the party hich discovered the men in the hay- loft. The robbers, surprised during the robbery, jumped through a window jand fled, abandoning their automo- bile, parked two blocks away. They dropped severa) guns and bombs in their flight across the fields. Posses organized immediately and. were | aided by two airplanes, continued the search for the men until the capture late Thursday. AY WAVE PRELIMINARY; PICK OUT SHOT FROM ONE Forman, N. D., Aug. 9.—(#)—Three of the four men who are held here in connection with the robbery of the bank at Gwinner Wednesday morn- ing may waive preliminary examina- (Continued on page eleven) GROUP BANKING IS SOUND, SAYS DECKER Minneapolis, Aug. 9.—4)—Group banking is sound if the units which compose it are sound and well man- aged, E. W. Decker, president of the Northwest Bancorporation and the Northwestern National bank, Min- neapolis, declared in an address at the final day of a two-day confer- ence of northwest bankers today. Fifty bankers attended the confer- ence, called by J. C. Thomson, vice president and general manager of the Northwest ation, to discuss operating and new business methods. UNITED STATES NAVY TO BUILD TWO GIANT WARSHIPS FOR AIR | Dirigibles Are Declared Designed for Long-Distance Scout- ing Above Ocean AIRPLANES WILL BE CARRIED Goodyear Company Pushes Con- struction of Huge Hangar in Which Craft Will Be Built around 4 fashington, i a Re fi le vii u e 8 £-¥ Pr g 5 i ; | : if ube i é i [ nel | fi i se i i i es Ed if Psychology Wins; ‘ ‘ Hieccoughs Stopped ° =e Memphis, Tenn., Aug. 9.—(P)—Psy- Miss Vera Minnesota’s Governor Would Have Agriculture Put on Par- ity With Other Industries —P)—A one-sixth | hillsides and valleys—continued to CHIEF OF POLICE RAID ON ILLIN Riot Call Brings County enige| way Patrol to Rescue of House Patrons MAN FLOURISHED PISTOL | Schutte Had Frequently Come to Place Drunk and Cre- ated Disurbances Chicago, Aug. 9.—(AP)—Chief of Police Thedore Schutte, 45, of Elm- wood Park, Ill., a suburb, was shot and Rilled early today by county highway police who had been sum- moned to suppress a disturbance in a roadhouse across the street from their station. Schutte, police re- ported, was drunk and threatened the highway policemen when they entered the place. Eight policemen from the Morton Grove station answered the riot call from the Sans Souci roadhouse | across the street. They found a) score of men and women guests huddled in one end of the dining room. A second after they entered, Schutte, carrying a pistol in his hand, stepped from « side room. He raised the weapon towards the high- way policemen, but a volley of shots felled him before he could fire. William Lescun, owner of the roadhouse, told police Schutte fre- quently had come to the place drunk and created disturbances. Thi: morning, he declared, Schutte hai fired a bullet into the floor, after | herding the patrons to one end of; the room. SNOOK CAN'T RECALL, CUTTING THROAT OF MEDIC CO:ED VICTIM Fact on Which State Hopes to| Convict on First Degree Charge Is Vague | Court Room, Columbus, O., Aug. 9. —(AP)—Under the lash of a relent- less cross examination, Dr. James | H. Snook again today took the jury | in his first degree murder trial through the intimate and tragic de- tails of his last tryst with Theora Hix, the medic co-ed he slew last June 13. Prosecutor John J. Chester, de- manded an elaboration of the ac- count told yesterday in direct ex- amination, and at one time assumed the role of Theora Hix while he and the defendant demonstrated to the jury just what happened at the time of the killing and immediately be- | fore. Dr. Snook repeated his denial that | he recalled cutting the girl’s throat, the fact on which the state depends to substantiate its charge of pre-| meditation which is necessary for a, first degree murder conviction, FOREST FIRES BREAK AWAY FROM PATROL; FIREFIGHTER KILLED Efforts of Thousands of Men) Appear Feeble in Attempt | to Check Forest Blazes | Spokane, Wash., Aug. 9.—(}—The | imprint of the forest fi it smoking stumps bristling from charred widen through the northwest to- day despite the relatively feeble ef- forts of thousands of men to check fighting a fire near Hot Springs, Wash., when he was crushed a large . ‘The forest service at Missoula, | Mont., reported that the situation in in continuati Ito New York from are IS KILLED IN OIS ROADHOUSE o i} ~ To Peruas U.S. _ ,___Ambassador Roy T. Davis, above, United States minister to Costa Rica, is to be pro- |moted to the post of ambassador to Peru, succeeding Alexander P. Moore. Davis is a Missourian. PRESH WINDS FAVOR TEPPELIN'S FLIGHT TOITS HOME PORT Dirigible Makes 475 Miles in 4 Hours and 30 Minutes; Ahead of Schedule London, Aug. 9—(7)—A mes- sage received at Croydon, Lon- don’s airport, at 3 p. m. today (9 a. m., E. S. T.) stated that the dirigible Graf Zeppelin was ap- preaching the English coast. New York, Aug. 9.—(AP)—Aided by favorable winds, the German dir- igible, Graf Zeppelin, was apparent- ly well ahead of schedule today on the transatlantic leg of her globe- circling flight. The fact that Dr. Hugo Eckener, commander, was taking full advant- age of the propitious weather condi- tions was indicated in the progress jand speed of the airship reported in radio messages to the United States navy department. Less than 24 hours after she left the naval station at Lakehurst, N. J., for Friedrichshafen, Germany, the airship was more than half way across the Atlantic with the pros- {pect of several more hours of flight with a fresh wind to add 20 to 25 miles an hour to her normal speed. At 6:30 p. m. she had reported a josition 1,025 miles east of New York, indicating she had covered 475 miles in four hours and 30 min-| utes. The weather bureau forecast the following conditions: “Relatively low pressure north of Belle Isle with high pressure south of Nova Scotia will cause fresh winds and mostly fair weather for the Graf Zeppelin in the next 12 hours at least. Such conditions should add 20 to 25 miles per hour to her normal speed.” ONE MAN IS KILLED IN BOAT EXPLOSION Eleven Others Suffer Injuries When Tanker Blows Up in New York Harbor New York, Aug. 9.—(AP)—One {man was killed and 11 injured in an j explosion tl merniog aboard the Standard Oil tanker William Rocke- feller at anchor off Bayonne, N. J. The tanker, a flaming torch, was pushed by tugs away from the oil DRASTIC REACTION _ BEATS PRICE DOWN; RALLY FAILS 70 AID | Unexpected Increase in Federal Reserve Discount Rate Starts Near Panic INDUSTRIALS HIT A SLUMP Zo Fresh Liquidations Send Quota. tions to Low Levels; Sell. ing Comes in Blocks New York. Aug. 9.—(P\—A wide open break in prices, which carried Scores of issues down $5 to nearly $35 & share was Wall Street's response to the unexpected increase from 5 to 6 per cent in the New York fed- eral reserve rediscount rate. The market opened weak, rallied briskly before the end of the first hour, turned heavy again around midday, rebounded in the early afternoon and then succumbed to a renewal of sell- ing pressure in the late trading, with final quotations in many. cases around the lowest of the day. Total sales crossed the 5,000,000 share mark for the first time since last March, The rise in the rediscount rate co- incided with an increase in brokers’ loans by federal reserve banks of $60,000,000 to a new high record for all time at $6,020,000,000. Of this total, banks loaned for their own ac- count, $1,089,000,000; for the account of out of town banks, $1,789,000,000, and for the account of others, which includes large corporations, individ- uals and foreign financial institu- tions, $3,143,000,000. 15 Minute Slump The reaction wiped out more than a billion dollars in quoted values in 15 minutes of trading, as a result of ithe panicky liquidation of stocks in- spired by the unexpected increase from 5 to 6 per cent in the New York federal reserve rediscount rate, the latest official blow at securities spec- ulation. Prices of scores of active stocks broke $5 to $15 a share on opening transactions of 5,000 to 25,- 000 shares, but a brisk rally ensued before the end of the first half hour. All leading brokerage howsesin- structed their employes to report for work an hour or more earlier than usual this morning with the result that the streets of the financial dis- trict were crowded with hurrying workers as early as 8 o'clock. Down- town telephone exchanges were ; swamped with calls of customers | placing orders and of brokers calling for instructions and demanding mar- gin on weakened speculative accounts. Orders Bunched So great was the rush to sell that many specialists were compelled to refuse to accept “stop loss” orders, Particularly on odd lots. In the case of the highly speculative issues, open- ing orders were “bunched” and exe- (Continued from page one) DICKINSON HERDERS | RIGHER BY $112,157 | aga !Wool Pool Commands Better Price Than Montana and Idaho Raisers Receive (Tribune Special Service) Dickinson, N. D., Aug. 9.—Contain- ing a membershfp of 271 members, who controlled nearly 400,000 pounds of wool, the Dickinson-Slope Wool Growers association was able this season to secure a price far above the average amount paid Montana and Idaho growers, according to the report just released by Paul Mann, Dickinson, manager. The entire clip of 12 carloads was shipped to J. Koshland and company of Boston, who paid a straight rate of 30 cents a pound on the wool. The total sum realized by growers from developed rapidly into one of the largest pools y are finding that. cooperation in selling the clip brings a better Price to each of them. docks and toward the lower bay in| this New York harbor. The detonation was felt in Staten Island, lower Manhatten and all along the New| Jersey waterfront.