The Bismarck Tribune Newspaper, November 4, 1933, Page 3

e it f ls 2 It SEE QUIGK DECISION ON POSSIBILITY OF Pound and Dollar Almost on Same Level as When Both Were Based on Gold Washington, Nov. 4—()—Whether the new monetary policy of the United States will result in a cur- rency depreciation war with other countries may be determined in the Pevieh the Beltish pound rising wit oun Fri- day to $4.855, within a cent of its collar value when both units were on & gold basis, some economists be- lieve attainment of the old parity svould be @ logical point for decision on whether to seek approximate sta- pilization or further dollar deprecia- tion. Although the administration em- phasizes it has no desire for a de- preciation race, some officials concede such competitive depreciation still a possibility. No clear-cut statement has come from France or England to indicate their asquiescence in the administra- tion’s state belief that the buying of foreign gold could be pursued without detriment to them. Currency depreciation gives the de- preciating country a trade advantage as long as foreign prices rise more rapidly than domestic prices and costs. ‘The only way the United States could push dollar depreciation much further without encountering resis- tance by Great Britain, some econom- ists believe, is by achieving a domestic price rise which Would preserve the world-trade status quo as far as pro- duction costs are concerned. The London gold figure fell over- night from the equivalent of $32.26 an ounce to $32.08, but following their policy of constantly increasing the comestic figure, administration of- ficials raised it from $32.57 Friday to $32.67 Saturday. | Weather Report ——"FoREcAsT. — partly cloudy, with cloudy, a Pising temperature t “Sor Montena: Fair tonight Sunday; continued cold tonight, Pestiog: Hing temperstare Sunday. 3 rature 2 Pe Portion tonight and in south and east portions Sunday. Outlook for the Period Nov. 6 to 11: and_modera' ‘week, GENERAL CONDITIONS WEATHER IN THE NATION Low- tig e PbBEBRSSbRREREhEREheSBSPEhe est BISMARCK, N. D., snow # Amarillo, ‘Tex, { Bol wd Aue : F & i SERS oe SSLosSSSSRsok SRERREKSSSLESLASSLSSLTSEBV “ i SEVSSSSSSESSSSES Eg BESBSSSRRBYSSRaS BSRESSSSRBbeSs: i f i NEW CURRENCY WAR’ ot, ana|™ i legally he would have to find them guilty and oust them permanently. They would ment may be expected with regard to the removal. the board members cannot was J. Godwin and others of the governor’s cohorts west with longing eye on the training school jobs for the exerted upon Governor Langer to “fire” Sauvain and McClelland would quit himself rath of administration put up against the ‘The second is that the governor feels he has done en public officials, wonders if high-handed The third is that Langer found he could not legally A GOOD: IDEA BUT IT WON'T WORK ‘The plan, as conceived in the gubernatorial brain, was to file charges against Rishworth and Sauvain, remove them pending a hearing. their substitutes could clean up the Mandan situation and such other work as the governor wanted done. Thereafter the executive would find Rish- worth and Sauvain guiltless, restore them to office. ‘The fly in the ointment, according to some be ‘Then pretty good lawyers, is that To get the two men off stay while he was making up his mind. ‘Why he is unwilling to do this in view of his record on other matters of @ similar nature one can only guess. High-minded folk say he may realize the state needs experienced per- sons in these jobs. Further details might be advanced at a hearing which . Chernich, deputy state ex- "8 camp. fer either the first or third alternatives. keep his job, although his appointment, which expired in July, has In Rishworth’s judgment the charges made against McClelland failed. They were not substantiated. They consisted largely of the accusations of @ disgruntled former employe. MAY BE SHORT Townley and 1932. Langer by name. Bill Friends of Senator Nye -Frazier-Townley three-ring circus with some alarm. known that Langer and others would rom | ash can, Usher L. Burdick tried twice, once here in 19: clair in the old Third District in is, to sonte ttacked extent, consistent. (iis | JUST A STORY ABOUT BIRDS OF A FEATHER and Congressman Sinclair are viewing . is like to dump Sinclair into the political Peper to go to congress. Townley in 1930 ‘Today's Contract Problem What is the proper bidding procedure in the following hand? 65a 9.543 @AKQ10754 @ None SOLU<ION TO PREVIOUS CONTRACT PROBLEM BY WM. E. McKENNEY Secretary, American Have you ever seen & the declarer had to get trump, even though Such is the hand that the other day by Herman G. of Indianapolis, and I want to say it is one of the most interesting I have seen for — Bidding ‘When South opened the contracting with one diamond and his hearts. ‘While the bid of seven might be | termed optimistic, the grand slam bonus in rubber bridge is large enough | that it pays to gamble. The P'sy ‘The opening lead was the jack of: —_—_——$—$<—$_—$—_—$———————————————— sf CONTINGED 250 Brave Storm To Attend Annual Achievement Day would | Bismarck, all of whom exhibited dresses. Scout Band Makes Hit Music for the banquet was pre- sented by the KFYR Lone Scout band under the direction of Curtis Dirlam. The band literally “brought the house down” with its rendition ef “Circus Day,” an overture in which the circus parade, clowns, barkers and animals could be heard distinctly. Presiding at the dinner was Dr. G. M. Constans, president of the Ro- tary club. Introductions were made A response to Dr. Constans’ wel- come was given by Miss Vernice, Newcomer of Driscoll, retiring vice president of the county junior clubs. A toast was given by Miss Bertha Oswald of Wing. wi Miss /adrey Waldschmidt, 10-year- old Bismarck lass, won applause with her acrobatic dance and swinging exhibition. Results of the clothing and foods contests held in connection with Achievement Day here for the first time, with winners listed in the order of their finish, follow: , CLOTHING ‘Wing—Ellen Mae Hubbell, Dorothy, Hubbell, Vivian Knowles, Phoebe Homnes and Fern Homnes. Moffit (Busy Bee)—Norma Hill, Florence Nichols, Fern Benz, Bernice Edson and Louise Coder. Moffit (Magic Workers)—Gertrude deHaan, Lila Thompson, Marian Tor- | ¢ geson, Dorothy Jones and Fern Faust. ‘Thrifty-Nifty —First year: Ethel| Holgerson, Helen Holgerson, Marilyn Johnson and Leona Sundquist; third | year: Aldythe McCullough. Still— Marcella Asplund, Beverly Asplund, Natalie Asplund, Lois Knut- son and Doris Vollan. Arena—First year: Lois Williamson, Jean Williamson, Helen Thompson and Florence 3 second year: Sandburg; eh Thompson; fourth year: Elsie The principal objection to diagonal of the new scheme say, the street in either direction HL E g year: Vernice Newcomer. Puture Sewers—Elvira Anderson, Evelyn Nelson, Betty Jane Small and baton-| ‘af he should support Secretary Wal- (Copyright, 1933, NEA Service, Inc.) Stunte—Ruth Chesak, Jean Betty Emma C 0 NT INUE D page ene: Executives Would Compel Farmers to Accept Discipline Schmedeman of Wi i pulsion is necessary farm relief work,” said Olson. “The administration's present pro- gram has its points, but there is no assurance of production control {through voluntary efforts. In my prob- » activities of the federal farm board and that it would cost the gov- ernment “billions of dollars.” Olson disputed this. He said that immediately the program was in ef- BE READY TO STRIKE IS RENO'S MESSAGE Des 4. 3 demands and to ignore the pledges he made to the farmers in his pre-elec- tion campaign, the battle is on. “The strike will be carried on with ‘every ounce of our power. We had taith that the governors would be able |so to present the situation to the presi- dent that it would arouse him to the danger of the Wallace program. “The responsibility for whatever happens in the future will rest square- jy on the shoulders of the administra- ular.” Reno's message to the state presi- dents read: “Secretary Wallace flatly refused to problem is now up to the president of the United States, and and refuse to consider our just literally running wild in ‘America today! Scorning all restraints ... living like sav- ages in the very heart of yourself the kind of adven- ture born in the fitful glare of their “jungle” camp fires! he First Showing tion and Secretary Wallace in partic- | give any consideration toour program. This was expected. Our program will ve presented by the governors to the jPresident Saturday, If the president supports Wallace, I request all state presidents immediately to, contact every Holiday officer, instructing him throw the strike at once into farm products.” ARCTIC EXPLORER ILL to full gear on all Tonight (Saturday) Also Sunday Midnight and Monday DAILY AT 2:3 -7-9 ‘y CAPITOL cone =e THEATRE ee NED CONTINUING OUR ppt aoe HOSIERY SALE | HOSIERY M. L. AZAR 1 Door West of First National Bank WINDSHIELDS AND DOOR GLASS installed a¢ the right price. Work Guaranteed Aune Carpenter Shop Phone 205 614 Bawy. TRUE RAILROAD ADVENTURES sponsored by the makers of LIONEL TRAINS on a coast to coast network WE stotion KFYR | Sun. 3 p, m. Wed. 4 p. m. « Regular ws HOTEL Club Breakfasts 25c and 35¢ Noonday Luncheons 35c and 40c Chef’s Special Evening Dinner 50c POWERS COFFEE SHOP Cooler Boxes, Paneling of the Front and Back Bar of The Stag were mansfactured and installed wo We Specialize in Building Cooler Boxes for all Purposes Heepltals, Hotels, Resteurants, Meat Markets. Estimates Fur- nished—Werk Guaranteed Betterley Cooler Box Co. Ne 8th st. DANCE at The Stag Part of our quarters has been remodeled, re- decorated and flooring renewed for dancing. An excellent entertainer has been engaged for your amusement, Refresh and Enjoy Yourself Here Blue Ribbon — Budweiser Beer Sandwiches The Stag On Main Street Next to First National Bank Mandap, N. D. Sb aerate: mae namie etapa tet BUDWEISER ANHEUSER- BUSCH TAP BISMARCK