The Bismarck Tribune Newspaper, December 22, 1933, Page 1

North Dakota’ Oldest Newspa ESTABLISHED- 1873 "SHARP ADVANCE IN _ STOCKS, COMMODITY PRIGES IS SCORED West Stages Celebration as News Is Received; Increas- ed Wealth Seen ORIENT IS NOT ENTHUSED Fails to Get Excited About New Move Although It Uses Metal for Money (By The Associated Press) Speculative markets advanced sharply Friday as a result of President, beat declaration on silver pol- Leadville, Colo., most famous of the nation’s silver mining towns, staged a riotous celebration which began with receipt of the news Thursday night end was continuing Friday. Spot silver and silver futures rallied briskly at New York, although the , RAID ON APARTMENT ENDS IN SHORT BUT | DECISIVE GUNFIGHT Police Sought to Arrest Mem- bers of Dillinger Gang; Get Others Instead 19 OFFICERS IN ROUNDUP Suspects Begin Shooting as Bluecoats Close in De- manding Surrender Chicago, Dec. 22—(7)—A band of \sharp shooting Chicago policemen, bent on capturing John Dillinger and | members of his ring of escaped In- new arrangement applies only to; ana convicts, wrote fints to the ca- newly-mined metal. The price of bar | reers of three other gunmen with silver was 44% cents an ounce, up 1% cents. Utah which produced 7,000,000 ounces of silver last year, saw an in- creased revenue of $1,400,000. a year, even if the output were not increas- ed. Silver prices at London were rais- ed as a result of the developments in America but the Orient, which uses silver as a money base, failed to en- thuse. Indiana Are Cool Dealers at Bombay, India, said it ‘was unlikely the move would affect world silver prices and saw it as mere- ly @ step toward higher commodity prices. At Shanghai, China, sharp slumps ‘were reported in the rate of dollar exchange. Wheat and stocks skyrocketed as soon as those markets opened Friday ‘and held their gains despite profit- taking. Tobacco and utility issues weakened in the securities market after the early advance but the metal withstood attack and the whole list rallied to- ward the close. The net gain for wheat was 3 to 4 cents a bushel. Dollar exchange eas- ed a bit, as did government bonds. ‘The gold rate was unchanged. The silver program opens at a time when 11 kinds of money aggregating $5,- 743,000,000 are in circulation in the ‘United States. Here’s the list: $2,998,000,000 federal reserve notes, €913,000,000 National Bank notes, 394,000,000 silver certificates, $311,- 000,000 gold coin, $285,000,000 United Btates notes, $269,000,000 subsidiary silver, $217,600,079 gold certificates, $206,000,000 Federal Reserve Bank notes, $17,000,000 minor coin, $29,- 000,00 silver dollars $1,000,000 treasury notes of 1890. Lindberghs Donate Airplane to Museum New York, Dec. 22.—(#)—The low- winged monoplane in which Charles and Anne Lindbergh visited five con- tinents has found a permanent rest- ing place in the American museum of natural ‘history. Afte January 1 it will be the cen- trel exhibit in the museum’s new hall vf Ocean Life. Along with the plane will be all the equipment used by the Lindberghs in their recent five-month _ exploratory flight, including every- thing from electrically heated flying * glothes to tropical sun helmets. Col. and Mrs. Lindbergh presented the plane unexpectedly to the mus- eum Thursday. F. Trubee Davison, president of the museum, in accepting bullets in a sensational raid on an {apartment in the Rogers Park district | Thursday night. In a short but decisive gunfight the | Police shot and killed the trio and for two hours afterward believed that their victims were Dillinger, and two of his lieutenants, Jack Hamilton and Harry Pierpont. Fingerprints taken from the dead men, however, revealed that they were Souls Katewitz, 28, and Charles Tat- tlebaum, 39, alias Chuck Tilden, both of whom were suspected of helping to hold up the Union National Bank of Streetor, Ill, and Sam Ginsburg, 33, a convict from the Michigan state prison at Jackson. Receiving a “tip” from an uniden- tified informant that the first floor apartment at 1428 Farwell avenue was a hideout for Dillinger and his men, 19 picked officers, led by Su- pervising Captain John Stege, swoop- ed down on the place, posting men with sub-machine guns at the rear to cut off escape in that direction. Answered With Bullets Captain Stege, Sergeants Frank Reynolds, Harry Newman and Harry Bingham remained in front. with a group of their men. After one po- liceman had forced open the door to @ stairs leading to the apartment, Sergeant Reynolds, Detective Jack Dawe and Captain Stege, with sever- al others, crept up. The bell of the killed when they stopped to question @ number of men riding in an auto- mobile on West Washington Boule- vard several months ago. A revolver found at the scene of the St. Paul St, said the plane was “of rare his-| —. WW ‘We, too, even as the shepherds who tended their flocks by night and the Three Wise Men jour- ‘ neying out of the east, pay homage to our Saviour, giving thanks on Christmas Day for bis birth. CHRISTMAS SHOPPING. . DAY i i fia Hy H g 4 : i at) Hl - ra Ff ii By 38 g> sf fe bt 5 I 2 il BFF i 3 5 He #8 BISMARC! Tells of Error in Judgment, Funny Bookkeeping Pictured above is a scene at the|ment” and later disclosed a system of|committee chairman, senate banking committee hearing at which Robert O. Lord, former presi- dent of the Guardian Detroit bank- ing group, told of “errors in judg- Santa to Give Christmas Party at City Auditorium 666 MEN GET JOBS IN COUNTY=9N MORE THAN 40 PROJECTS Civil Works Administration Pro- gram Is Gaining Momen- tum Daily Men given employment on the more than 40 civil works projects now in progress in Burleigh county numbered 666 Friday morning, it was announced by Myron H. Atkinson, member of the county CWA administration. Several of these jobs are in the city "| while many others are on projects, mostly road work, in the rural dis- tricts. Some of them are state and federal jobs, outside the jurisdiction of the county set-up, Atkinson said. Twelve new projects recently ap- by the county administration have been added to the more than 30 jobs previously announced. The new CWA projects follow: 34—Public library, cleaning, mend- ing and indexing books, preparation of reading lists, inventories and clip- ping service. 35—Brittin Flying Field Improve- ment project. 36—Graveling streets in Wilton. 39—Graveling road, starting at southwest corner of Section 23-141-76, six miles east. 4#—Grading and graveling, starting at southwest corner of 11-141-76, west nine miles. 816—Repairing buildings of state highway department. . 86i—Improvement of capitol grounds, removing large embankment behind new capitol building, leveling grounds and general improvement. 1120—Two stenographers for state highway department. 1269—Health department project. 1407—Construction of cabinets for museum of state historical society. 1408—Organization of permanent newspaper records, clippings, catalog- ing and maps and manu- scripts for historical society. 1442—Painting and redecoration of in Bismarck. F-1—Bookkeepers to record meteo- rological data for U. 8. weather bureau here. ¥-11—Fort Lincoln general improve- ment. ¥F-13—Indian school improvement in Laan SUERTE EER | Hamilton Will Sit ? Up for Christmas | D. H. Hamilton, state senator and employe of the state highway injured a 3 he g al 5 g E § hospital. HOUR Dec, 22—()—Their last becoming = Fr in the air in the attem : bookkeep'ng which turned debits into credits so the official statements of ne banks would look impressive. Lord, standing at left, is being sworn by Senator Duncan U. Fletcher, ( standing at right. At the extreme left is Senator James Couzens of Michigan. At the right is Ferdinand Pecora, committee counsel. Good Old Saint Nick Will Ap- pear in Person and Dis- tribute Candy Santa Claus will give a big Christ- imas party for all the children ot| Bismarck Saturday afternoon at 2:30 o'clock at the city auditorium. The high school band, directed by Clarion E. Larson, will be there to Play a number of lively tunes. Then the children will show Santa Claus how well they can sing. Spencer Boise will lead the group singing and; the words for the carols will be flashed | on the screen. Rev. Ople 8. Rin-} dahl, pastor of the Trinity Lutheran church, will tell in a fe wwords the; Christmas story, Then Santa Claus will take his stand near the door and will present every child a gift of candy. Harold D. Shaft has arranged the Program with the assistance of Sharon R. Mote, Otto A. Convert and Archie | ©. Johnson. Fred Peterson, Burt) Finney, Carl Olson and E. M. Davis/ pee in charge of the candy distribu- ion, The children’s Christmas party, | which is an annual affair, is being; staged by the Association of Com- merce, WALL STREET GIVES SANTA LITTLE HELP Brokers, Once Lavish With| Bonuses for Help, Are Pinching Purses (By the Associated Press) Wall street, once a lavish Santa Claus, is letting the rest of the coun-. try set the pace in Christmas bonuses this year. Slim profits in the brokerage and banking business were cited Friday as the reason “the street” is unable to revive its custom of gayer days when the payment of bonuses was a year- end habit. The largest Christmas bonus so far announced for this year in Wall street is that of Redmond and Com- pany, a stock exchange firm which will give employes bonuses equivalent to 20 per cent of each employes yearly wage. Some houses of Wall street indi- cated that the question of bonuses to clerical workers would be decided Seturday. A few firms already have announced that bonuses of one or two weeks’ pay will: be tucked into the stockings of their workers. Without exception, so far as a can- vass Friday showed, the major Wall street banks will refrain from giving extra compensation to their employes this year. Figures in other parts of the United States are generally following the rule of depression years during which the yuletide payment of extra compensa- the most part been abandoned, There are, however, some significant exceptions. ‘The Homestake Mining Company, with headquarters at Lead, 8. D., giving bonus checks of $50 to each of its 2,200 ‘employes. The Oklahoma HISTORIC ISSUES TO BOTHER SOLONS AT NEXT SESSION Democratic Leader Sees Har- mony as Recovery Pro- gram Picks Up Speed Washington, Dec. 22.—()—Many issues of historic importance will be considered by the seventy-third con- gress after it convenes January 3, but senate and house Democratic leaders now see more hope for a harmonious} session that will expedite action on President Roosevelt's legislative pro- gram. A few months ago, these same Dem- ocratic chiefs anticipated much trou- ble in the only regular session of this congress. Now they claim that im- Proved conditions will greatly mini- mize criticism of the administration’s Polices. Republicans have passed the word along to their colleagues to avoid committing the party against broad Proposals and policies of the admin- istration pending developments. A number of the Republicans will, how- ever, continue to sharpshoot at spe- cific features of the administration's recovery program. The situation is such that Repre- sentatives Byrns of Tennessee, the/ Democratic house floor leader, said he did not expect it would be neces- sary to invoke drastic gag rules to pass administration proposals. Many such rules were necessary in the spe- cial session last spring. Have Large Majority If house Democrats do as Byrns says he expects, there will be no particu- lar trouble there for tlie party divi- sion on opening day will be: Demo- crats 312, Republicans 114, Farm La- borites 5, vacancies 4. In the senate there will be 60 Democrats, 35 Repub- licans and one Farm-Labor member. Topping the legislative calendar is the projected liquor tax measure to be submitted in the form of a reso- lution and bearing a levy of $2 a gal- lon on spirits. It is to be followed by @ general revenue bill designed to raise $270,000,000 by plugging leaks in the income tax law, and nine reg- ular appropriation bills for the main- tenance of the government in the coming fiscal year. of the budget on ordinary expendi- tures of the government, estimated at $2,600,000,000 by Budget Director Lewis W. Douglas. In addition, how- ever, the administration has indicated it will ask for funds that will swell the outlay to nearly $6,000,000,000 through extraordinary expendit for public works and employment, re- Nef, capital for the Reconstruction corporation and various other recov- ery stimulating enterprises. ‘The ratification of the St. Lawrence Waterway treaty with Canada is to Spain Is Aroused by Cuban Developments Madrid, Dec. 22.—(#)—The Spanish government, disturbed by recent anti- One high pressed the personal opinion neared completion of 48 hours | Tie and Supply company is dividing a |logical solution lay in conferring with ‘ola ad yy ee government in gard to enforcing thé Platt amend- | Waldo, member of the goodfellows 1 2 MN Sp ANE ak RRL a SE K, NORTH DAKOTA, FRIDAY, DECEMBER 22, 1933 Bandit Trio Killed by Chicago Police | BUSY PREPARING 250 |? CHRISTMAS BASKETS FOR NEEDY FAME Yuletide Cheer Will Be Spread Among Unfortunates in City Saturday CHILDREN DO THEIR SHARE Donate 400 Cans of Fish, Vege- tables and Fruit at Free Picture Show Under direction of the association of commerce good-fellows committee, @ score of needy men and boys Friday began the work of packing Christmas baskets for distribution Saturday among 250 poor families of Bismarck. In direct charge of the packing operations was Adjutant Herbert Smith of the Salvation Army. Packing will be completed late Fri-; day evening so that distribution can| begin promptly at 9 o'clock Saturday morning. Scores of men, members of the serv- ice clubs in the city, have volunteered the use of their automobiles and their own time for the distribution work Saturday. They will be assisted by Boy Scouts. Everyone May Help Anyone desiring to furnish an au- tomobile or assist in the distribution may do so, according to Frank H. committee. Distributors are instructed to meet at the north door of the main audi- torium of the World War Memorial building at 9 o'clock Saturday morn- ing. At this door they will receive baskets with instructions as to where they are to be taken. Each basket will contain chickens, butter, bread, cookies, corn, milk, coffee, tea, macaroni, soup, sugar, candy, potatoes, apples, pea- nuts, cabbage, carrots and jelly. The store of canned goods available for the baskets was augmented con- siderably Thursday afternoon at & free picture show arranged for chil- dren at the Paramount Theater by the local post of the American Legion. Children attending the show left more than 400 cans of food of var- ious descriptions ranging from fish to vegetables and fruit. These were assembled by the American Legion committee and turned over to the goodfellows. New Thing For Many “Many of the children who attend- ed probably never had seen a picture show before,” Waldo said. “They were packed three deep at the two per- formances, with more than 1,200 at- tending.” In view of the fact that many chil- dren were turned away because of crowded conditions in the theater, Claude F. Hanson, manager of the Paramount, Friday announced that the theater would stage another free show for children Saturday morning, beginning at 10:30 o'clock. Children who missed the Thursday shows are invited to attend the Saturday morn- ing performance. They are not asked to bring canned goods or food items, however. Members of the goodfellows com- mittee are Waldo, Rev. Ellis L. Jack- son, Rev. Floyd E. Logee and D. E. Shipley. Ask $7,000,000 for Black Hills Project Washington, Dec. 22—(7)—An ap- peal for federal approval of the $7,- 000,000 Angostura water conservation project in the Black Hills was made Thursday by South Dakotans. Among those who described the proposal'’s desirability to Col. Henry M Waite, deputy public works ad- ministrator, were Senator Bulow; Senator Norbeck; W. W. Howes, Dem- ccratic national committeeman and second assistant postmaster general; Charles Trimmer, state engineer; C. A. Wilson, attorney for the project; | as represented by his secretary. ‘They told Waite the construction of a dam on the Cheyenne river 18 miles south of Hot Springs would leke 20 miles long, recreational resources Hills They outlined m™ of the proposed dam. Presented as an all-federal to be financed entirely by the works administration, proposal was urged wi ROBBER SLAYS COUPLE St. Louis, Dec. 22.—()—Charies Abeln, 43, his wife, Anna, 39, were @ robber who THE BISMARCK TRIBUNE | Silver Policy Startles Nation Takes Final Ride | Seti ai iaaacanaiaieauciaials TOD SLOAN Los Angeles, Dec. 22—(#)—Tales of the exploits of the world’s most fa- mous jockey—“Little Toddy” Sloan— were recalled Friday as arrangements were made for his funeral. The’ diminutive,” 59-year-old rider, whose journey from “rags to riches” was made on a return trip ticket, died here Thursday of cirrhosis of the liver and complications. In a hospital on the bounty of a friend, Sloan died “broke,” bereft of |! the $1,000,000 he amassed as the idol of horse racing followers of America and England. His heyday was from 1889 to 1901 For years he was the only jockey to ride five winners in a day. Three times he did this—at San Francisco, New York and Newmarket, England. Says N. D. and colder tonight, cold wave; Sat. . PRESIDENT ORDERS FURTHER EXPANSION OF INFLATION PLAN Proclamation Lifts Price of White Metal From 43 to 641 Cents an Ounce TIFIES WORLD AGREEMENT, Western Solon Pleased At Ac<« tion; May Bolster Ameri. can Trade With Orient Washington, Dec, 22.—(%)—Silver coinage Friday was commanded by President Roosevelt in a sudden ex< pansion of his monetary plans fos lifting commodity prices, By proclamation, he opened fed< eral mints to newly-mined silver in & program estimated to push the metal’s price from around 43 to 64% cents an ounce, add millions to the nation’s mining wealth and spur ex< ports to silver-using countries, Silver produced domestically from Friday until Dec. 31, 1937, will be aos cepted by the mints. Half will be coined and returned in dollars to the producer, half surrendered te the government and held in reserve. Roosevelt's proclamation formally Tatified the London silver agreement by which it was understood the United States would absorb annually at least 24,421,410 ounces of its silver Production, approximately the 1932 output. Simultaneously with promulgation of silver coinage, the administration anew its intention to con- from $75,000,000 to $100,000,000 and disclosed that 507,485 ounces had been acquired domestically for $16,- 986,000. Thus the weight of both gold and silver will go on the velt lever under commodity Hints at Other Moves A hint of other te come the government's toward commodity dollar was contained this paragraph of the Proclamation: “The present ratio in fineness of the silver dollar gold dollar shall, for the moves march Must Put: Up Money; Wi Dec. 22. — (?) — President Roosevelt was described late Friday as being willing that the federal government cooperate by extending loans as called for in a plan presented by Senator Frasier (R., N. D.), to establish small industries in farming dis- tricts, It was made plain, however, that the President would expect the communities to show their good faith first by establishing the industries with their own money. The idea of the plan is to have the industries located in districts where the products they use and manufacture are produced. TWOMEN ARE HELD FOLLOWING HOLDUP Loss of Clothes Fails to Daunt Straight-Shooting South Dakotans Sioux Falls, 8. D., Dec. 22.—()— ‘Two men, one wounded, were arrested. late Thursday in connection with the holdup of three youths on a highway east of here early Thursday morning during which the youths were stripped to their underwear but pursued the robbers, who escaped amid rifle fire. only wanted to steal their liquor. We| weren't going to hold them up.” Harvey expressed amazement at the major silver-producing 5 Australia, Canada, Mexico, and the United States agreed to ab- sorb 35,000,000 ounces of silver an- nually for four years. China agreed to prohibit sales of silver derived from melting up or debasing coins, India to limit such sales to 35,000,000 nants: annually and Spain to 5,000,- cerned are about to act.” Roosevelt said he took the joint step of ratification and coinage, assist in increasing and stabilising domestic prices, to augment the a chasing power of peoples in silver- using countries, e ef ratte