The Bismarck Tribune Newspaper, March 8, 1933, Page 1

4 s a i . . BESS 5S 52=\Could Expand Currency Hcl WINS RAISE =o THE BISMARCK TRIBU ESTABLISHED 1878 BISMARCK, NORTH DAKOTA, WEDNESDAY, MARCH 8, 1933 \ Expansion of Currency Planned Prohibition Bureau to Ignore Speakeasies™ wan LACK OF FUNDS 1) (ferme: Witon Ae Hep oeevt in Bani Gans TO KIDNAPERS ARE (JAPANESE COMPLETE) asCairt 7) Maps DIRRCULTY SOUGHT IN CANADA; (CONQUEST OF JEHOL | FOUR ARE ARRESTED|IN KUPEIKOW FIGH Raid on Ranchhouse Near| Now Control 260 Miles of Great Chamberlain, S. D., Solves Wall From Inner Mongolia Denver Mystery to Yellow Sea PURCHASE EVIDENCE IS SEEN AS REASON New System Will Leave States to Deal With Problem of Retail Sale 1 LEADERS STILL AT LARGE/DEFENDERS ARE ROUTED WOODCOCK IS UNWORRIED Believed Heading For Border! pass Is Taken After Desperate Following Arrest of Their Last Stand on Road to Accomplices Nation's Capital Says Change Will Enable Fed- eral Men to Concentrate | on ‘Big Shots’ i | Denver, Mar. 8—()—The ever! Jehol City, Jehol, March 8—(7)— widening search for the abductors Of |The Japanese army completed Wed- Charles Boettcher, 2nd, spread across /nesday the seizure of 250 miles of the International line into Canad®/the great wall of China, extending Wednesday. from the inner Mongolia border to the ctarea feu wevagrteeik & Two of six persons against whom | yellow Sea. easy prosecutions to the states. | : P kidnaping charges have been filed in! General Tadashi Kawahara’s 16th As announced Wednesday by Amos United States district court, are be-/inrantry brigade, which climaxed the Washington, March 8.—(#)—Hence- forth the federal government will concentrate “almost entirely” on liq- ‘W. W. Woodcock, enforcement direc- Meved by chief of police Albert T-|invasion of Jehol with the capture of taf erect the resthiotions: laid down | . . Clark of Denver to be fleeing this |/tnis city last Saturday, occupied Ku- by congress to apply after July first. : : country. They are Vern Sankey, 41,/peixow, the great wall gateway to ‘This means no more or ‘ named by police as the probable | peiping, at noon Wednesday. It en- wiretapping : purchase of liquor as evidence for con- leader of the gang which held the 31-year-old broker captive more than two weeks and then collected 960,000 |tney held in the wall on the southern ransom for his safe release, and Gor- | Jehol frontier. don alias Gordon Chinese fled in the direction of Glass (2), David F. Houston (4). Other advisers of Roosevelt who were close to Wilson include Cor- dell Hull, secretary of state (5), Bernard Baruch, banker (3), and Norman H. Davis, diplomat and banker (6). hibition enforcement was Wire-Tapping Taboo Jet"tames a eee| By About Three Billion) }Ayo¢ WITH PLANES = ON NORTHERN ROUTE venting wire tapping and preventing the use of federal funds for the pur- Federal Reserve Would Account chase of liquor for consumption by = agents’ for the purpose of obtaining/ [Ze Vs te Us For $2,400,000,000, Banks Snowstorm in Montana Adds to prison 1 eeglcerecag Of the Chinese .ace~ OFFICERS AT SHORT; = “= ==enee iia CESSION IN ( APIT AL, (By The Associated Press) Trouble; Little Property Meo Lode ibmogiianrier per read mt yeeeeen cesreeniey cea De Dam: in This Area bureau must refer such complaints, expended $2,000,000,000, if the banks age in the main, to the local authorities. Tt is to make this fact clear that this 8 Take Aggressive Stand For Ed- . (Aigerpoegesty eee ucation of Youth; Oppose en i nee permits federal reserve Prohibition Repeal ey up government securities value of 60 per cent of the left Billings, Mont., Wednesday morn- ing, was forced to turn back to Bill- ings after it reached Hysham, between Tuestsy.|Father John Slag by Suffers Operation E i ff i i Es 3 eas Bs a g reaeee ad HR, i ‘Gi ie PRICE FIVE CENTS AS SCRIP PROPOSAL (By the Associated Press) Secretary Woodin of the treas- | President and Advisers Work sillig obdlp te ase “ths alain on Remedy For General bank situation Wednesday by = + Bank Situation announcement that plan was be- casein, ing formulated to circulate ac- tual currency. WOULD USE PRESENT LAW ment order serve banks for limited transac- | Proposed New Note Issue Would ay Gea rE: Be Backed By Gold and sumed business Wednesday on U. S. Securities ac tivities merely of king change rendering Washington, March 8.—(>)—Plans s ore vr | sped forward Wednesday for expan- all | sion of the nation’s currency to ob- laid ro Nid Le eal te use of scrip during and e nal emergency, in which Wauleesaan te" ws sintue ware President Roosevelt will keep a firm allowed. |hand upon the banking system. Announcement was made that At the white house, the treasury President Roosevelt intends to | and the capitol, the chief executive continue his command of the | and het baiens and financial me monetary situation until perma- | ¢rs worked at the remedies that nent legislation is possible be employed to relieve the situation. that a new proclamation is due From these word emerged Wednes- on Thursday night, when the {day afternoon that the president present national holiday ends. would retain his control of the na- In his message to the special | tion's banks until permanent legisla- session of congress on Thursday | tion has been enacted; that this pro- Roosevelt is expected to ask for | gram would be expedited through the broad powers to meet the situa- | special session which meets Thurs- ton. day and that no national plan for the Canadian markets remained | use of scrip was contemplated, but that its use would not be forbidden in E Modification of the banking rues || Government Orders of their markets for both cash Applied in State and futures trading. ee The uuieals geles of fresh North Dakota banks were in- regulations of the federal govern- ment. Bartering increased. || After a conference with Gover- With gradually loosening re- 1! nor William Langer, Semingson strictions, the bank holiday will || sent the following measage to state ‘tinued until congress pass- || banks throughout the state: “Accept new deposits in cash or Meantime gold can not be paid {| checks on the treasurer of the out, but banks depositing gold (| United States; such deposits to be nae their federal reserve banks {| segregated and held in cash. Al- made receive in return currency low withdrawals to be from. which they can pay out now for | new deposits.” currency also will be is: = Ne | sued against other reserves made |communities and sections where spe- cial conditions called for it to be em. re i F f i gall ployed. Both present regu- Each locality using scrip would lations lation being framed to j Secretary Woodin. the strong banks doing business, There were no details as to the form employed, but it was pointed out that under existing law federal reserve banks they could give currency te | banks are permitted to issue cur- member banks for necessary pur- a backed by government securi- gold | Roosevelt will issue another proc- President Roosevelt, after the lamation Thursday night when the is met, will | present four-day holiday ends, renew- lay a complete banking reorgani- {ing his control over the American sation plan before congress. gold supply to protect it from hoard- Alfred E. Smith heads New (ers and raiders. rather than to bolster actually {of currency expansion that would be reserve newspapermen, but not for quotation. ROY His ideas for the future were jguardedly revealed in the free ex- change of questions and answers. RULING IN GREECE are Sited ecate rRo General Plastiras, Dictator For A Day, Finds His Coup