The Bismarck Tribune Newspaper, March 13, 1933, Page 1

h ‘HE BISMARCK TRIBUNE 2<=== ! ‘STABLISHED 1878 BISMARCK, NORTH DAKOTA, MONDAY, MARCH 18, 1938 PRICE FIVE CENTS | Asks Quick Action on Beer Bill | Southern California Plans R I], . RARTH SHOGKS ARE. || FEARS SUBSDIN Mm ., Only Two Tremors Have Been Felt in District During 3 (By the Associated Press) . ‘ Last 24 Hours are - President Roosevelt addresses nation, announcing opening of banks this Estimated Revenue of $125,- ° - : week as rapidly as inspection routine can be completed by government. . e ‘Overhauled, by the federal government, the nation’s banking machinery! 000,000 Would Help Balancé : ESTIMATE 119 ARE DEAD ; Ha : ‘ ‘i tainiogiaen ee ee ee Federal Finances i a In id 12 Messi irate Sled _— carried on normal bere ; 7 ‘ luring first of e president's three-day program. jany 1,000 in Hospitals; Approxi- | ale , ¥ if % aaa Washington, March 13.—()—Presi- Private banks also started operating and a few others opened under re- strictions. dent Roosevelt, in ® surprise special mately 4,000 Others Get ‘Thousands of other liquid institutions will reopen Tuesday and Wed- ips . a " 2 te tet i : neweay. message to congress Monday asked Emergency Treatment : : : Deposits were reported to be exceeding withdrawals in many cases and| for immediate enactment of beer leg- | 4 s in no instance was there any difficulty in meeting all demands. islation. < North Dakote’s Oldest Newspaper . 7 1] ROOSEVELT WOULD Reconstructionsm vw |Banking System Is’ jyquapeirong Approaching Normal Recommendation Is Contained Institutions Being Reopened As Rapidly As Inspection Routine in a Hann of Can Be Accomplished; Gold Hoarders Face New Liblndrinrahe Threat By Federal Government Scenes From Area Devastated by Earthquake SN |PART OF BUDGET SCHEME 2 est i : Foreign markets resumed trading on the dollar. The tone was firm. In a message of two sentences, the tae aon rhs 13.—(?)—The . i a incase, New York stock exchange expected to resume trading within a president said: since earthquakes of q 3 : lays. ¥ Friday brought another tremor which ‘ : In addition to the institutions in the federal reserve cities, banks in| “I Tecommend to the congress the sent thousands of Southern Call- ¥ i ss : Towa were open under the regulations of the emergency banking law. passage of legislation for the immedi- fornians out of bed at 5: . Mm. t: & é : be Affiliates of Boston banks outside the city proper also reopened. ate modification of the Volstead Act, ae Withdrawal of gold was prohibited and hoarders had four days in which in order to legalize the manufacture to return their metal to the federal reserve. and sale of President promises fullest possible federal cooperation with state banks, | $74 sale of beer and other beverages ‘ the opening of which is a matter for the several state governments to|°f such ic content as is per- shock the cororner’s office reported ¥ . approve. missible under the constitution; and the death of the 119th victim, Henry ‘ ‘ Treasury department statement declares first duty of banks reopening iuvale We oouetn oe Ufen, 45, of Los Angeles. His was 1 is to see that the primary needs of the public are met. + one ne ie oo the fourth death reported in Los An- a 4 New currency is dispatched to federal reserve banks and thus made eeded revenue for pond : available to member banks. government. “I deem action at this Waal: but lighter, shock was felt " Reconstruction Finance Corporation, agricultural credit organizations | time to be ro “od highest importance.” at 11:30 a. m. It apparently did no ts i ‘ me * : and private institutions are given permission by treasury department to|, The President considers revenue to Teopen Monday. be derived from beer taxes very im- three days. ; . 4 Savings banks of greater New York open without invoking 60-day notice |Portant to his budget-! » ‘ Monday : : / but by order of state banking board will limit withdrawals temporarily to Agricultural Dictator Planned in Washington |:2 18 OF 24 BANKS IN MINNEAPOLIS AGAN |. ARE DOING BUSINESS = day,|G0ld Coins and Certificates Held Intact; May Demand Oath on Withdrawals centering principally t ? Minneapolis, March 13.—(?)—Eigh- jured. Officials estimated there were j e . 1 year. of Minneapolis’ 24 national, about 1,000 in hospitals and 4,000 . es agriculture » Savings banks and trust com- others probably received emergency , # ees a : 3 Panies opened for normal business treatment. Nearly @ score of persons bie irr sege peeagear es Proposal Is to Give Secretary’ Power to Tell Groups What They Want itt i FE li B a é the ‘The 10 national banks of the city, Says Groundwork Laid But Peo- fos all cn reserve members, were re- Opened were one savings bank, one ple Must Join in Move trust company and six state banks For Money Revival ara aps oye |) Washington, March 13.—(#)—The ‘normal process of money exchange with the ify. i rf ECONOMY PROGRAM Foes of President's Plan Suffer Severe Setback as Sen- eg ge | z j s es i 8 E g ¥ 2 L : f eek ETE s 8 8 g ; | stbee F g te F i $ i] ii q Fas ‘I i é | 7 i EE F if | i Above Par in Paris under new 2 Peruntons to ia tight i tt att [ i i i il hy i i tojon, Centtal | took office, he was called upon fre- oS at battle. |queatiy to. furnish material for and night eee so. |Site, advice about, the speeches and mt , county heath ime the ‘president’'wes preper- officer, organised 128 sanitary inepec: quate tors into squads of five each and Lrt ARMS them every stricken sone to in- Monday oe ‘housing, water, dairy London, March 13—()—Gireat Bri-|serve banks cities, supplies and general sanitation. Lab. tain has decided’ to remove its ember-| “Confidence and courage are the oratory testing stations were set up ‘60 on the Of arms to China |sentials of success in out our central areas. and Japan, ‘Baldwin informed plan,” the president said. peo- night STUDIOS OPEN bed Fe cose pa tot Ste Pig to PLAN SIMPLE : fear. It ts your may Consensus in Hollywood Omaha, Neb., ‘March than it is mine. To. business that the motion picture land simple funeral fail.” fasued not close for-an indefinite i | held Puseday ° or. 10 toe FR po tedmataie-| aed oe