The Bismarck Tribune Newspaper, October 25, 1929, Page 1

The Weather Pair tonight and Saturday, but somd) @loudiness. Temperature unchanged, tim LHE BISMARCK TRIBUNE ESTABLISHED 1873 BISMARCK, NORTH DAKOTA, FRIDAY, OCTOBER 25, 1929 PRICE FIVE CENTS Fall Convicted of Taking Bribe; STOCK MARKET COMES BACK Minas ; CHNERAL MNVEMENT [Dozen Bodies Reveal Fate of 52 Aboard Car Ferry ¥ SOW ‘HRV « [CONTINUES UPWARD TECHNICAL NOT FUNDAMENTAL||——Derca tis anosac—anaanca | SEARCHERSREOQVER ("Fa Gani rive cet wr DE TOBY RDS FACTS CAUSED STOCK DEBACLE eee —~ SVE BOS Al ee Hi Goon Desi ty tT STEAMER WRBCKAGE H yer *| Low, in Opinion of Mor- gan Banking Group | i Doheny Oil Lease Sales During First Half Hour Total 1,228,200 Shares, With Volume Increasing WERVOUS HOLDERS SELLING! |VICTORY FOR GOVERNMENTI: | Defense Counsel Serves Noticenh; immediately of Motion | for New Trial Washington, Oct. 25.—(P)— Owen J. Roberts, special govern- ment counsel in the off scandal cases, announced today the gev- ernment would move to bring E. L. Doheny to trial on a charge of giving a bribe of $100,000 to A. B. Fall soon after the first of the year. Story of Death of 62 Aboard) Lost Ship Locked in Bosom | of Lake Michigan BUYING ORDERS STEM PANIC <€ nae Renewed Feeling of Security | Follows Bankers’ Support =| of Billion Dollars Five Men Representing More Than Six Billion Dollars Confident in Outcome PLUMMETED TO BOTTOM, Federal Steamboat Service to| Probe Grimmest Trag- . 4 2 Washington, Oct. 25.—()—Albert #j edy Since 1860 } B. Fall was found guilty today of accepting a $100,000 bribe from Ed-@ New York, Oct. 25.—()—Reassur- ing statements issued by five of the leading bankers of the country from the office of J. P. Morgan and com- pany checked the worst stock market New York, Oct. 25.—()—Pow- erful banking support succeeded in stabilizing the stock market today, despite a huge backwash of selling from yesterday's terri- fic crash. Closing quotations Milwaukee, Wis., Oct. 25.—(4)—Like ¥ é q ward L. Doheny for the 1 f the ° debacle in the history of Wall Street y ny for lease of ‘ i preenpelnd temohistee fered ; 7. ry st : tombstones in an ocean graveyard, a | Elk Hills, Calif., naval oil reserve. e 1” 4 ‘While prices were plunging under 2 ; dozen bodies marked today the rest- The jury recommended to the court’ . es in leading issues, pri plunging | 3 \ 4 the weight of millions of shares - + |ing place of a Lake Michigan steamer the former interior secretary be! { New York, Oct. 25.—(#)—The New j hurled into the maelstrom of selling, and revealed the fate of her crew { \ | Shown mercy. Ps 4 York stock exchange appeared to have the five gathered at the Morgan of 54. s | Eight men and four women com- } recovered its equilibrium for the Offices. After a brief conference Each encased in a life-belt, they i Posed the jury which convicted the! floated among wreckage from their 2 : lene ap se Ket broken in’ At was an firm, speak! for the ill-fated ship, the Grand Trunk car ? F: | health, of guilt in this connection’ tieemsectateee yerserday's sanapede of Prd their ris pad was the foun- : ferry Milwaukee on the lake 16 miles F | While serving as secretary of interior liquidation, which caused the most | Mrs. Lemira Goodhue, mother of Mrs. dations of the market were sound; é : ‘ southeast of Kenosha, Wis. F | in the Harding cabinet. violent scenes in the exchange’s his- 4 Calvin ‘Coolidge, died early last night the market smash had been caused 3 Awaiting only the coming of dawn, | 3 3 | ‘The verdict was handed down near! tory. A broad advance set in di- ‘at Northampton, Mass. after an ill- | by technical, rather than fundamen- é 5 a half dozen boats were detailed to . | ly eight years after Fall received the: rectly after the opening gong, and| ness of two years. She had been tal considerations; and that many e steam to the scene and complete the ___ s 3 (money from Doheny, a friend oft in sharply reduced | physically incapacitated since Decem- | sound stocks were selling too low. he ad 3 work of salvage. Last night searchers ‘ ? Prospecting days when they and th moment, at least, in the opening £ E Thomas W. Lamont, partner in the volume, although many blocks of 5,000 \ ber, 1927, when she suffered an in- | . of : recovered seven bodies and bits of | i i west were young. \ to 1000 shares changed hands. | fluenza attack. Mrs. Coolidge was at | : : ; ‘ wreckage which mutely told how the | a Is First Conviction ‘Canadian Pacific jumped $12.62 and| the bedside when the end came. || The s . : : : oe : Milwaukee plunged like a plummet to | |, The case was the first criminal ace A. M. Byers shot up $19. National ———-| ing orders for key stocks, ages bo a : ; the bottom when she was unable to| tion won by the government ini Cash Register, American Power and er pong ged oe Fg ane ane 2 ae : <a breast the battering waves of Tues- | alpert B. Fall, former secretary of the | ae oil avectiontinde: peepee Light and Eastman Kodak mounted iadiee ankeooe Dag ge si eo a day night's storm and make port /interior in the Harding cabinet, today | ernment has recovered the 1 yee ; abou #4 to $5. and such stocks as orptics Seotoygr ae rape raged : re a at her destination, Grand Haven. | was found gullty of accepting 8 $100.- | Full once branded by ‘the ype { American ‘ince rarer ooagy te “a si pal the last q totation, that the | So Som e : 3 st Appears Lost 000 bribe from Edward L. Doheny, his| court as a “faithless public servant,” opened about $1 hig! eh fer ie iene 6 9 1 4 { s But the story of the actual events boyhood friend and multi-millionaire, | is the first person connected with the — a iors An, Py bakes Naiionsl nt " ' Urban F. Di ade. ia on t. is | leading up to the sinking—the strug- for giving Doheny a lease on govern- | leases to be convicted. Moves eg | ’ breadth and volume of trade. A total “among the missing.” Vanishing into Ae ‘Atlantic feuahe ore ny ges = he FO of her crew and captain against ment oil lands. During the trial Fall has appeared .50., lees \of 12,804,650 shares, representing 974 N. F., on an attempt to fly to London in a baby plane, nothing has been seen overpowering odds, the hopeless effort | in court most of the time in a wheel! Buying Overbalances more’ the | Belgian P Arrest Many Sus- | separate issues, figured in the day's i! ‘or heard of him. to launch lifeboats—seemed destined | , \chair and on one occasion a recessi] The stability of the marke otice transactions, The previous record | ~ : to-rémain locked in the bosom *4 000 HEAR TOWNLEY had to be taken because of his con-@ \dy The four women and eight men | early transactions attracted a huge 233 Ce ie ¢- 740 shares, established last Lake Michigan. SSeasets) gee Se DITEMAN ADDED TOLEGION OF ie s'crzct mx ers who have been waiting 4 ing Mussolini ‘After the close of the market the dead. He is Captain Robert “Bad bankers : on the jury stood as they announced! paickealngerey as ase Weather” McKay, Grand Haven, AND UPSHAW DEBATE their verdicts individually. ¥ LOST TRANSATLANTIC FLYERS rem 32-0 bestest sae Sait areal siderable further selling by nervous — Laeacnap ats ope ie ee Oe ee ee erous lake gales ended with defeat. each replied: His was the first body identified. “Guilty, with mercy of the court.” levels to get rid of their. stocks. .Dur-| investigation of the, attempt yester- of ing the first hour, buying orders con-|day against the life of Humbert, Grand Forks, N. D., Oct. 25.—(P)— g Federal investigators were laying Fall Slumps Back tinued $0 overtalance, selling aa i Prince of sang a and heir to ime Seven Persons Held . F 4 Landing in Stormy Sea plans for an. investigation of the | Nearly, 1,000 persons heard AC] As the jury whieh hed’ basaieol + volume, the ticker falling nearly half/the Belgian. police. Many arrests In Detroit Kidnaping Feared End of Adv ae (uaeety. the a since the Lady Pails ‘and W. D. Upsh i jp aeons roca sas rere to ep place i hour here the cai apie of suspects were said to have been eheir gery Fa i jentui — eee rea 74 creaqaih renee ar Georgia, Congressman, resume their | thet pe ‘as not another sound in the urnover of 1,228,200 shares made. seg 4 i nant 0 | el in tort t J first half hour was at the rate Of] Meanwhile the prince undeterred | Have learned margins have been well | Detroit, Mich., Oct. 25.—()—Seven some Cowboy Aviator auditorium here las peas 'spection service, through Captain | night on the prohibition question. As the verdict was rendered Fall maintained.” Persons were in custody today in con- more than 12,000,000 shares @ day./bpy the near untimelyend of the festiv- | William A. Collins, Milwaukee, want-| In the debate, one of a series being slumped back in his big leather chair. v t but compared with 1,676,300 shares! ities in his honor, celebrated with They saw little ground for a pro- | nection with the kidnaping of 5-year-/ New york, Oct. 25.—()—The name | ed to know if the sinking of the ves-' held in yarious North Dakota cities, Mrs. Fall and her daughters, Mrs.% during the first halt hout of yester-| Princess Marie Jose the formal an-| "Te collapse of the stock exchange fe eames city for es others sus- | Of Urban F. Diteman Jr. was generally sel was due to negligence of those | Upshaw supported prohibition against a coe pa tects Jouett, Eliott, day's record-breaking market. 'nouncement of their betrothal. He| -arried the curb exchange along with | pected of participating in the plot, | believed today to have been added to| Who ordered the ship to clear port in| Townley's advocacy of government xo orward in their seats and, Bankers Support Market |__| planned to leave for Rome this eve-|‘t'"'g.337.400 shares ctanging hands |The child was discovered in an east 'the roll of those who tried to fly|the face of storm warnings or if the | control of the liquor traffic. ‘Thomas | "twas the third eriminal charge’ Also unconfirmed rumors the’ as 8 ning as pre-arranged, although under | Goring the curb session with. prices | side house Wednesday night by police | across the Atlantie and failed. jManner of handling the ship was) W. Gales, state chairman of the | wait has faced esult of his oil! Ft cones eet 006 000 000 neg , after the father, Henry 8.|" Unsighted and unheard of since he | CoMttibutory to the a. ieee tension policies. One charge, that of > j Investigation Is Welcomed per. wie gy (Continued on page nine) paola ported to have been $25,000. this midget monoplane, Golden | qne'crand ‘Trunk commodore ct| ‘The crowd apparently was divided in | CO"sPiring with Harry F. sinclatry Belgians and Only part of the $25,000 ransom paid Tuesday, all but the most hope- | Milwaukee, Captain Charles A. Mc-|its sympathies at the end of the ontinued on page nine) | countrymen other grains. by Thompson has been recovered, po- | ful w in laren, said his company welcomed | debate. ‘ ee er with enthusiastic cheers outside both | repercussions on European markets. | lice said. It is thought the two men had ended with a forced land- ;“any investigation that may be,made| Summarized, Upshaw's argument the Italian embassy and Brussels still at large have the remainder of sea. linto the unfortunate affair.” and| Was that the “only way to regulate palace. Loses Totaled Billions the money. clung to the belief ladded “my company would not know- | the liquor shop is to smash it as you i ‘The assassin, badly mauled by the; The market opened steady on the ——_—___—_- ‘'the Montana aviator-stockman had|ingly take any risks either with the | Would a rattlesnake,” while Townley's crowd yesterday, said that because he | stock exchange but with stocks of- i lives of its employes or with its prop-|Teply was that “Upshaw thinks he's Rl f Ni was a socialist he wanted to kill the | fered in ominous volume. Within an erty.” smashed the liquor shops. As a mat- | { the market was in full rout. rst Inkling that the car ferry,| tet Of fact he’s only smashed their Re _ regret having missed him,” he were wiped ya aiip without | whch ‘sailed ‘Tuesday ‘morning with | 88S.” Chicago, Oct. 25.—(@—Wee Willie}. hai wed Dien Re | out and paper losses climbed into the by a ship without y “] | added. Doody, called the “Baby We Killer,’ | complice. Krasnodar, Russia, Oct. 25.—(?)—|forecast to continue Saturday, thej whe Shia nectomt ge: hagies were, found. ee Twenty-one men, described as band-| vanguard of homecoming University from Harbor | of 10 discovered two more and |its and counter-revolutionists, were|of North Dakota almunt were ¢ lexecuted today for activities against |hand today. Over 3,000 former stu: |the government, robbing the country-|dents are expected to be p nity ——_—_—_—_—_- Grand Forks, N. D., Oct. 25.—()—, ROLLOWING STABBING sho cotnel:tuintee i: ene ete a 21 BANDITS EXECUTED With perfect weather existing and wif dead May Several brokers collapsed and had to Stones, Clubs ” side and terrorizing the population. |when the game between the Univer: when he attempted to arrest two men SKER KING CROWNED be helped from the floor. The din Filipinos Use ia Gh , ——____—— sity and the Agricultural college) in @ stolen automobile. The convic-| HU! p—| was audible for blocks along and Pitchforks \ : was| .FIRE DESTROYS ELEVATOR _ {starts tomorrow. tion was one of few in recent| , Prior Lake bag Ges 3 Street. . up by the steamer Albert; Minneapolis, Oct. 25.—}\—Fire | Homecoming activities start tod Julius Schmitz, farmer living near |""The, came the statement from ae picked up which suddenly gained fierce head- | with a football game between the Aga Fresno, Calif., Oct. 25.—()—Race | rioting, in which about 300 white la- Guy. vay after apparently smoldering for |gie and University frosh at 3:30 p. mu} Mennenile sine bee ha found poms. Hine Sestrayed an elevator of | followed by an alumni banquet. ie cove! leboats, ? \t neapolis Seed company early | rades, bonfires and pep rallys will be! jutensils from the galley floating OM /today, Loss was estimated at $80,-|in continuous succession until j 000. time tomorrow. Governor Pardons Man Innocent of Murder After Two Years in Pri i 5 i Lad Can Be With His Father Whenthe 32°" “== == Leaves Are Turning Brown in Carolina ™ Eek i i i Hi gt Hl wyers and fat Kenya Col- the law is a bit of mM. to-| pected to live. To George W. Rioting occurred wo places— on, law for possession ‘The Soe ew oe the cane Se Fe Tipton ee hocan. eaves T want to tent cline’ cold to have exisied be- slaying 1 F co: oe oe ee De geal ye 4 eas Gis aie eand ela Sore picbibe! } "George was in court with that way. stabbed. Whites vald © Pilipino ‘t= tlary. t : i if i 1H ee £ i é [ [ i g* ait! it: H afi ile gaye ty i : Fol z J : Hl if - ie g Hi i il because | here failure and makes i ij q ii i wilt