The Bismarck Tribune Newspaper, December 23, 1933, Page 3

DRASTIC: REFORMS ARE FORECAST FOR BiG STOCK MARKET One Proposal Is to Bar Brokers From Trading for Cus- tomers and Selves ! ‘Washington, Dec, 23—(4)—Legisla- dion to require drastic reforms in stock exchange procedure was predicted Saturday by Ferdinand Pecora, coun- sel for the senate banking committee, a8 a result of data now being collected on market operations. One change he forecast, will be a prohibition against brokers trading both for themselves and for customers, and a requirement that they confine their operations to one kind of trad- ing or the other. He said data being collected by the committee from questionnaires to all members of the stock exchange showed the practice of brokers trading for themselves and others at the same time was widespread. Meanwhile, committee members said they believed congress would seek to regulate or prohibit group banking as a result of disclosures this week in the investigation of Michigan bank- The Michigan bank inquiry was re- cessed until January 3, the day con- gress convenes, but committee investi- gators said they had barely “scratched the surface” and that it would require several weeks more to complete the investigation. An indication of what is coming then was given when Pecora placed in the record a report from the chief bank examiner at Chicago criticizing the Guardian group of Michigan banks and its head, Robert O. Lord. ——— O | Weather Report | OO FORECAST For Bismarck and vicinity: Snow and colder tonight; Sunday partly cloudy and colder. North Da- kota: Snow and! colder tonight. | mu c h_ colder northwest portion, Possibly severe cold wave north- Sy west tonight; Sunda partly cloudy, colder, h colder southeast portion. For South Da- kota: Somewhat unsettled, colder tonight, much colder west por- tion; partly cloudy and much colder Sunday. For Monti Occasional snow or rain tonight, colder south portion east of vide; Sunday unsettled, colder southeast portion, Minnesota: Occasional snow probable tonight and Sunday in east. and north portions, unsettled south- west portion; colder in west portion late tonight. much colder Sunday. GENERAL CONDITIONS A low pressure area extends from the middle Mississippi Valley north- westward to Montana (Sheridan 29.52) while high pressure overlies the Canadian Provinces (Edmonton 30.28). Snow fell at almost all places from the upper Great Lakes region westward and northwestward to the Pacific coast, with heavy amounts in parts of North Dakota. General; weather prevails in the cen! and southern states. Temperatures by pee in the northern Great Plains and over the northeastern Rocky Mountain region, but warmer weather prevails over the central and southern Bismarck station barometer, inches: 27.97. Reduced to sea level, 29.83. Outlook for the period Dec. 25 to 30: For the northern and central Great Plains—weather mostly fair fed Period precipitation extreme north about Tuesday and again about Fri- paler temperature first of week, middle, warmer again at close. PRECIPITATION station: ‘Total this month to date . 37 Ne this moi ‘Total, NORTH DAKOTA POINTS aim. ean Jamestown, cldy. ...... -2 -3° 03 WEATHER IN THE NATION Low- High- est est Pet. BISMARCK, N. D., snow 2 ny Amarillo, Tex., cle Bolse, aa cid SSSENSoSSSSSSSTARSSASAZ! No. Platte, Nebr'cldy... 34 0, » Neb. cldy... 7, O., Clear.... 42 » Sask. snow. -28 le, Sask., snow -16 8. D., clear. 34 Peldy ... 48 0 &. a: SPEVSSSSTORSSF am RSRESRESSLEBSESREBEKESRESeBEERRbeeeeeEE Plan to attend “Dover Road” Dec. 25 at City Auditorium, 8:30 p.m. Presented by Com- munity Players. —X—_—_—K—a—K—a—i~i~a~il_~sese=eEeE=E=nn—~w Tou LATE TO CLASSIFY_ The California Wave Nook, 102 Third Bismarck, in com: ‘and $5.00 gend their friends. Phone 762, PR a REAL STEAM Supercurline perman- ents, done with oil, $3.50 complete. Shampoo-Finger wave, when hair is shingled, 50c. Dried with Para- mount Multiple in half usual time. We use Palmolive soap. Children’s haircuts, 25c, Harrington's. Phone Permanents at $3.50, $4.00 complete. ur patrons , jcounty authorities to the conclusion THE INSIDE DOPE ON GOVERNOR LANGER’S TRIP Advices seeping in from ot the state indicate there is more to that speaking trip of Governor William Langer’s than meets the naked eye. Hither, thither and yon the governor has flitted, making speeches in behalf of the National Farmers Union. That fact brings no joy North ee Farmers Union, for the branch and the parent do on so well. The state organization is issuing no invitations to the governor to loose his flow of language. It apparently has had all it can digest. Unbiased observers who have seen both sets of Farmers Union officials and his cohorts; that they are more sincere and have a greater interest in really doing something for the farmer. So Simpson’s espousal of Langer is merely another thread in the pat- Ea Cee WOvetn/ tn thie Aiitereial 'gisaitn Ot the ENE certs oF ganization, AND THEY ALSO MAKE A PREDICTION Bearers of these tidings are also making a Simpson and his buddies will appear in North Dakota to campaign for to Langer next spring. The administration's “brain trust” is move to create doubt as to where the Farmers Union stands, in the event C. C. Talbott, Walter Maddock and others take If they do not, Simpson’s appearance would be ers believe that the Farmers Union is supporting the governor, To them it looks like a “Heads I win, tails you lose” proposition. Langer pre Chad grand, The deal gave him a splendid opportunity to exer- voice, THEY ARE WONDERING ABOUT THAT MACHINE Another thing which makes the idea look particularly attractive is the fear of Langer, Vogel, Ter Horst, et al, that there will be no one to defend the administration except the lads on the payroll. They are wondering where they are going to get the kind of support which must be the window dressing when they claim there is a popular demand for the governor's re- election. In the legislature, or where only a few persons are involved, their method has proved fairly effective. But it works only on individuals—and only on certain ones at that. It cannot be applied to a whole people. And thus the payrollers are beginning to report a vast indifference to their paens of praise about the governor. The average citizen either just listens or else makes nasty cracks about Tommy Tucker singing for his supper. It is a disconcerting thing. THERE SHOULDN'T BE ANY SECRET ABOUT IT Political commentators have been running around in circles these days trying to figure out the reaction of A. C. Townley’s cohorts to Governor Langer’s failure to show up for the hearing on the $5,000,000 industrial loan at Washington, Press dispatches hinted at deep-rooted dissatisfaction on the part of the “farmer” delegates. Other advices are to the effect that the group was really quite choleric and accused the governor of the “double cross.” Rumblings of what would happen if he let.them down were heard be- fore the group left Nozth Dakota, but they probably will continue to be just rumblings. Townley cannot afford to break with Langer and will not get very far if he does. But the knives are all whetted up for a little home work by the boys who figure the governor's speech about being 100 per cent for the program was the last straw in a series of deceptions. JUST A BIT OF CLARIFICATION All those Townley statements about the “sympathetic” and “enthustas- tic” receptions he was getting from Washington officialdom worried a lot of folks here in North Dakota who are against state-owned industries, They began to think what little chance they would have of stopping such @ pro- Gram if the power of the federal government were behind it. These breathed a sigh of relief Friday when a statement from the White House made clear what the attitude of the president is, On the face of things, Townley did so much talking that the president thought it best to clarify the situation, advise the nation that such an enterprise should be started at home before outside help is asked. THE MOST EFFECTIVE KNOCK WAS BILL'S The net result of all this is to make the Townleyites more peeved than ever at Langer. In his brief stay in Washington he did just one thing. That was to tell federal officials the terms upon which he would not support the industrial program. Until Langer got there, Townley was talking about issuing bonds, continued to do so after the governor left, but the executive had spiked the bond proposal rather effectively. ONLY ONE REAL QUESTION TO BE DECIDED The only real question about the governor’s actions in the whole matter is why he appeared at the city auditorium here and assured the Townleyites he was “100 per cent for their program.” It may be he thought they would accept the word for the deed. ‘The reasons why he it are clear enough. First is his belief that it is unpopular. He came to the conclusion that he was betting on the wrong horse, was goaded into his declaration of sup- port at a moment when he was not entirely happy in his own mind. Second is his close association with certain banking interests and their unwillingness to have state bonds go any lower than they are now. It was in their behalf that he sponsored the sales tax. Their influence still is strong. Their view was that the industrial program was something to talk about but not to encourage seriously. bd THESE BETS WERE HARD TO DECIDE So obvious was the situation that farmers and others in many parts of the state were making wagers as to whether Langer would go to Washing- ton or not. Plenty of those who thought they smelled a mouse were willing to bet that he would never show up at all, although he was supposed to “lead” the delegation into the nation’s capital. Decision of these bets has caused some would go cite the fact that he eventually got there. other side point out that he certainly did not “lead” them into ‘Vashington and the delegation had to wait over to see him there at all. Not to get mixed up in this discussion, it is a fact that he went— finally—but that those who said he would not scored a moral victory. IT MAY HAVE BEEN A DELIBERATE RUN-OUT Some folks are inclined to attribute some of the governor’s peculiarities to the hyper-emotionalism which he so often displays. There is proof to the contrary, and that some of his most spectacular antics are plotted well in advance. ‘The happenings of last June 1, when the secretary of state, state treas- urer, district judge and others were held in their offices by the militia proves the point. : The strike at the capitol building, it will be recalled, had been in prog- someone else tht be able to tell him. There was touch scratching of heads and looking at the calendar but sai ey o light on June 1 one came to on le The incident was kept quiet at Davis’ request. “You know,” he sald, “I want to get along with this guy if I can, so please don't say anything you.” left the state and publication of the incident now can do E i i CAT'S AWAY THE MOUSE WORKS dust by way of information, Oscar Chaput is not on the state payroll, wounds in her body, CONTINUE ihe young woman took tar own UT oeal Churches. fr Sw cee oor onse| Varied Yule Services and | first investigated the possibility that the girl been slain. She was|0n the Feast of the Holy Innocents, found ‘at the home of her parents | Thursday, Dec. 28. } with bullet wounds in her abdomen; On Christmas morning aed and head. Authorities are satisfied, o'clock, Rt. Rev. Bishop Vi it Wishek said, that the girl, after fir-! Wehrle will celebrate a Pontifical | ing one bullet into her body, was still Ni Mass at St. Mary's Catholic | @K ‘ Duplicate—All Vul. Opening lead—& A. George Unger of New York, former champion. national The opening lead was the ace of clubs and a small club was continued. Th ten was played the covered with from dummy, East was forced to trump, Inger | trumped and picked up the last trump Today’s Contract Problem Here’s a choice hand from the national championship tournament held recently at Cincinnati. South has the contract at three no ‘West opens the five of spades. How should the hand be played to make game? Solution in next issue. iv. spades. Two rounds of trump were taken and West showed out, discard- ing a club. Now the trick is to pick up North’s jack, and it was done in this manner’ A small heart was led and won in dummy with the ace. The good queen of clubs was played from ieee and South discarded a small art. The rest of the hand, then, is jsimple. Unger cashed his queen of diamonds and then won two diamonds in dummy with the ace and king. Another diamond was played, which declarer trumped with the six of | SPades, Now the nine of hearts was won in dummy with the king. East was down to the jack and eight of spades, and declarer to the queen and nine of spades, A heart was led from dummy, East Unger over- with the queen of spades. 3 a z 3 g St. John the Baptist to be sung at the 5:30 : Church Sunday school assembly period or worship, 10 o'clock; pastor, “A Born,” 11 o'clock; " i. Christmas vesper service, 4:30 o'clock. “i Racer secre ee jand carol-scripture service at 6 O'clock. The vesper service will-be a Pageant, “The Guiding Star,” present- ed by the intermediate Sunday school department under direction of Mrs. C. D. Dursema. All who attend are in- vited to bring some article of food wrapped in white to this service. The young people of the city are invited to join the young people of the Sal- vation Army, Evangelical church and Presbyterian churches in the caroi- scripture service. Grace Duryee Morris, organist, will play “In Bethlehem Town” by Mueller as the prelude, “O Holy Night” by | Adams as the offertory and “Christ- mas March” by Merkel as the post- lude at the morning service. A quar- tet will sing, “The Earth Lay Wrapt’ and “There Were Shepherds” by Vin- cent. Special music also has been announced for the other services of the day. Young Folks to Participate Rev. Ellis L. Jackson, pastor of the First Baptist church, announces a church school worship at 10 o'clock, morning worship at 11 o'clock and a Pageant to be given by the church day. William Mueller, superintendent, has directed the Evarts class for adults and the Quain class for young peo- Give the family and your ple in preparing the 10 o'clock serv- friends a treat and plan a tce. at City’ Auditorium, Dee, 25, at City jum, » | and also will play McFayden’s “Cradle presented by Community Play-|Song” as the sttertory. The choir will ers. Mrs, Clarence Gunness, pianist, will play Gounod’s prelude, “Nazareth,” sing “They Were in the Same Coun- White Gift service with a Christmas| held on Christmas Sunday at the Mc- ; Cabe Methodist Episcopal church, Rev. | Walter E. Vater, pastor. The morn- ing service music program includes: ,organ prelude, “Christmas Adoration,” | Harrington, Mss Ruth Rowley, organ- ist; anthem, “The Shepherds’ Vision” by Mary Rosa, violin obligato | Adolph Engelhardt; hymns, “O Little |Town of Bethlehem,” and “Silent Night! Holy Night!”, by the congrega- tion; organ offertory, “Nazareth” by ;Gounod; solo, “O Holy Night,” Mrs. W. J. Targart, and organ postlude, “A Christms Caro.” ity, Mr. Vater's sermon is entitled “The Christmas Message.” Will Sing at Prison The Epworth League choir will ac- {company Rev. Mr. Vater and will sing at the Christmas service at the state Penitentiary at 8 o'clock. The evening worship will take the ,form of a Christmas candlelight serv- ‘ice, The altars of the church and ithe windows are to be brilliantly il- lumined with candles and a large Ughted cross will give light to the auditorium. Combined chors of the church wil take part in the program, which follows: organ prelude, “The King of Glory,” Wilson, Miss Row- pleys Processional, “O Come All Ye “It Came Upon a Midnight Clear” anthem, “In Bethlehem’s Crowded Inn,” Spence; responsive reading, “Christmas”; solo, “The Light from Heaven” by Gounod, I. A. Esko, with A. Engelhardt, violinist; carol, “Hark the Herald Angels Sine”; anth- “Angels from the Realms of Glory, Adams; solo, “The Light of the Work Is Jesus” by Bliss, Mrs. Merton Orr: organ offertory, “The Infant Jesus,” Yon; plano and organ duet, Miss Rowley and Mrs. Arnot; carol, “O Lit school Morning worship at 10:30 o'clock, | service, morning Sunday school at 12 noon, and eve-| program is to include: Christmas Ma- ning service at 7:30 o'clock will be/ tins; processional, “Silent Night! Holy Night!”; carols, male quartet; hymn, “All Hail to Thee, 0 Blessed Morn,” choir will. sing anthems, Christmas Carol,” Prateorius, and “Lo, A Rose E’er Blooming,” Riedel; hymn, “Good News from Heaven,” Congregation; sermon, Eg 3 a the Present the Christmas thlehem.” bog announced by Rev. The “Bohemian lar Tree.” 10:45 o'clock and a ices. Mra. program school. At the morning “Tidings of Joy” by Ira B. Wison; Mrs. L. Bis- + by Herman von Berge, and Rev. Mr. Lippert will give his sermon, entitled by Shaan eae et SN lk ta Sets Se a . Mr. > DI evel anthem, “Vigil,” Christiansen; offer- Hs ed tory, “Cantique de Noel,” hymn, “Joy to the World,’ tion, and closing liturgy. \u J. V. Richevi, pasior of Zion Evan- | gelical Lutheran church, German Christmas services Bismarck church Monday at o'clock and at 2:30 o'clock at Baldwin church. The Bible text for Rev. A. W. Heidinger, district super- both is “She shall bring forth a Son, intendent, will preach and the men’s and thou shalt call his name Jesus; chorus wil sing “O Little Town of ior He shall save His peop.e from their , Bethlehem” arranged For Christmas Sunday, Herman Johnson, pastor of the Gospel Taber- | given in the evening. at the a service Sunday morning for men’s serv- Heidinger is directing G. pageant, “The Old, Old Story” to be will con- Program sist of dialogues, recitations, plays, Adams; singing, and a short talk by Rev. Mr. Congrega- Lippert on “The Poplar or the Popu- at 12 eve- the ning at 7:90 o'clock. At 11 o'clock, g Faithful”; lighting of candles; carol, |; accompaniments by Miss Rowley, or-| ganist, Mrs. A. J. Arnot, pianist, and tle Town of Bethlehem,” Redns benediction by Rev. Mr. Vater; reces- isional, “Silent Night! Holy Night!” jGruber, and organ postlude, “Christ- mas Carol.” Lutherans Active Monday The Trinity Lutheran, First Luth- ‘eran and Zion Evangelical Lutheran ‘churches all will hold their festivities on Christmas Day. The yule celebration at the Trinity Lutheran will be observed this year in three distinct services, according to Rev. Opie 8. Rindahl, pastor. They jare the traditional Christmas Eve |service starting at 11 o'clock Sunday night, the high festival services con- ducted. at 11 o'clock Christmas Day, and the church school Christmas service at 5:30 o'clock Christmas eve- ning. Special music will be provided by the choir, directed by I. A. Esko, jWith vocal numbers by Miss Grace Livdahl, Mr. Esko and Mrs. C. A. Narum. Clarion E. Larson will be the organist and will be assisted by Adolph Engelhardt, violin, and Arthur E. Thompson, cornet. Rev. Mr. Rindahl’s sermon theme | for Christmas morning is “This Is the ie ship. May your Christmas be the merriest and the New Year one of Happiness and Prosperity. TAVIS MUSIC CO. |Sign.” The choir will sing “The Song of the Angels” by Dickinson with the incidental solo by Miss Livdahl and a vocal trio by Mrs. Narum, Miss Liv- dahl and Mr. Esko. Mrs. A. M. Kiland is directing the Sunday school program for which the children will wear white vestments. | They will present ensemble anthems, responsive readings, group and in- [dividual recitations. Two large ever- Bank and Trust Company “Good Will to Men” Neve, since white men frst landed on American shores has there been a holiday season more charged with the Christmas spirit. Emerging from a pro- tracted and difficult experience together, we seem to have acquired a new and better understanding of our essential fellowship and a tolerance and help- ful consideration which show in all our activities. and telations. In adversity we have learned to be kind. That this spirit may continue, lending warmth and glow to the holidays and casting its cheerful radiance into the months beyond, is the earnest hope of the officers and employces of this Bank. To our depositors and all our neighbors we wish 2 merry Christmas and a happy and prosperous New Year. Dakota National Bismarck, N. Dak. cially treasured. These, like other as ie bi documents should be ssfeguarded in a Safe Deposit box ia our steel an vault, Why not a Safe Deposit box mes? It’s sensible, and mensely valuable, extremels Greelings We all wish you all a MERRY CHRISTMAS Cheer and Happiness Christmas Dinners Consisting of TURKEY - GOOSE - DUCK With All the Delicious Trimmings For your entertainment, Bunny Paynter and his Swect 4% Shop Serenaders, from 12:30 - 2:00 p. m. and 6 - 8 p. m. A GIFT TO SAFEGUARD GIFTS | Aside from their intriasic worth that make eitlooms, securities ly low. First National Bank “The Pioneer Bank” BISMARCK, NORTH DAKOTA THE SEASON’S GREETINGS One of the finest things in .life is Friendship— and the finest thing about this Christmas season is the opportuni- ty it gives for the ex- pression of that friend- And a New Year full of THE SWEET SHOP We Will Serve 50c and 75c gifts bear Talaables such concrete ol saa el ime may prove d best of all, che cost io = *