The Daily Alaska empire Newspaper, August 30, 1929, Page 1

THE DAILY jUNEAU ALASKA FRIDAY AUGUST 30 I929 VOL XXXIV NO 5191 “ALL THE NEWS ALL THE TIME” WILL HOLD EVERYTHING FOR TARIFF Intend lo—D.;ive Bill Through Senate—Nom- inations Be Held Up WASHINGTON, Aug. 30.—Intent on driving the tariff bill through the Senate before the regular ses- sion begins in December, Adminis- tration leaders | are planning to| hold up other national business ex- | cept’ that of an emergency nature. | President Hoover may withhold | all but the most necessary nomi- | [ nations until December. The names | of the newly organized Farm Board | will be submitted next week. While confirmation is expected as a mat- ter of course, there is some indi- cations of trouble. Senator Brook- hart, of Iowa, announced he in- tends to have members of the board summoned before a committee for questioning on what they intended to do for the wheat growers. The President is expected tc withhold diplomatic appointment and ]ud\clal nominations until later GOV. SMITH TO HEAD HIGHEST OF BUILDINGS Empire State Building to Succeed Waldorf-Astoria Be 1,000 Feet High NEW YORK, August 30.—Former Gov. Alfred E. Smith announced today that he is at the head of a company that will erect the largest building in the world. It will be an 80-story skyscraper, and stand on the site of the famous old Wal- dorf Astoria Hotel. The structurc will be known as the “Empire State Building.” It will tower above the street 1,000 feet, about 200 feet higher than any existing building. It is hoped lo compensate New York for the loss of the world's best-known hostelry. The “Empire State Building” will be completed in a year and a half and will cost more than $60,000,000. ‘When completed it will house dur- ing business hours 60,000 people. As president and general mana- ger of the company that will build and operate the gigantic building, Gov. Smith, it is said, will prob- ably receive a salary of $50000 a year. He will have a share in the ownership of the building as it is understood that he will invest rather heavily in the ownership stock. — Entomology students at the Uni- versity of Virginia have a friend in the six-foot beacon, which attracts all sorts of insect specimens to die in the brilliant glare of its ray. PHILIP SNO‘*/D,J. I Philip Snowden, British chancallor of the exchequer, leaving with Mrs. Snowden after a session of the reparations conference as | The Hague. ALASKA EMPIR AT THE HAGUE BADLY INJURED | PLANE CRASH Preparing for Conthik w Crashes Through Roof of Factory Building CLEVELAND, Ohio, Aug. 30.—At ‘the air races here, Lady Mary ! Heath, famous British aviatrix ]crashcd through a factory roof | when practicing a deadstick land- 'ing in preparation to enter such & jcontest, and is in a critical condi- jtion in the hospital with a frae- tured skuil and internal injuries, also many cuts and bruises. Eer mechanic, Irwin Kirk, aged 28 years, jumped from the plane |belore the crash, then jumpad through a hole in the factory rodf {to help Lady Mary Heath, break- ing his ankle and cutting off three lfin["‘xs by glass in his leap. | 1 Luat 144 T WINNERS IN RACES | CLEVELAND, Ohio, Aug. 20.— Mrs. Gladys O'Donnel. of Long | Deach, California, won the 60-mile |racc for women with a speed of Associated Press & 1137.6 miles per hour. | Mrs. Louise Thaden, of Pitts- Capt. Wilkins And Actress Wed Today CLEVELAND, 30.—Capt. George H. Wil- kins, Arctic and Antarctic flier, who just completed a trip around the world aboard the Giaf Zeppelin, arrived here Tast night and today was wed to Suzanne BEen nett, Australian The ceremony was a quiet one performed before Justice of ihe Peace Myron J. Penty o e vevscoveo0 —— GRATITUDE 1S EXPRESSED BY HUGO ECKENER Says Achievemenl of Graf Zeppelin Due to Assist- ance of U. S. WASHINGTON, Aug. 30. TrLd and sorely in need of rest, Dr. Hugo Eckener, master of the globe- ing Graf Zeppelin, came to Wd\)h ington yesterday to express per- sonally to President Hoover an(l high government officials the grati- tude his country felt for as tance in the history achievemen in the air. With the Ohio, Aug. ctress, the the not deepest feelings, German air navigator told President the flight ‘“could have been achieved without generous assistance from the United States.” MOB PSYCHOLOGY IS MAJOR FACTOR IN SECURITY PRICE FLUCTUATION| By CLAUDE A. JAGGER (A. P. Financial Writer) NEW YORK, Aug. 30.—The effect of mob psychology on the market values of securities was demon- strated strikingly when the New York federal reserve bank raised its rediscount rate from five to six per cent. ‘Traders dumped their stocks over board in such volume that stock price indices and averages recorded the most precipitous declines since they have been compiled. Billions of dollars in market values were swept away in a few hours. Yet several leading bankers had stated that such an increase would benefit the money market eventu- ally and it was only last May that commission house letter writers were expressing the hope that the rate would be raised. They argued that it would tend to restrict specu- lative credit to a negligible point and would remove the uncertainty hanging over the market. Some stated that an increase in the rate would pave thegway for a major advance in stock prices. When the higher rate was an- nounced, Governor Young of the Federal Reserve Board, indicated that it was part of a plan to make credit avyailable in increasing generally since last February thn:} the federal reserve authotities would like to see a reduction in| brokers’ loans. The rise in the rate was accepted immediately as a blow at specula-| tion, but on second thought Wall Street does not see how the six per cent rate can bring about any | immediate large secale liquidation of stock market loans. Call money during the first sev- en months of the year averaged higher than eight per cent. There-| fore funds made available by the rediscounting at federal reserve at| could still be placed’ six per cent, in the call loan market at a profit. It appears that the federal re-| serve system still may have to rely on coercing member banks into re< stricting their loans on stock mar- ket collateral. The higher rediscount rate does, however, bring forcibly to the at- tention of stock traders the funda- mental tightness in the money mar- kets. Many traders have indulged in speculative excesses on the theory that the present money stringency is but temporary. Bankers say that six per cent as- | sures an average call loan rate of at least eight per cent as long as it remains in effect. amounts to finance the fall move-|regarded the five per cent rate as ment of goods. It has been taken for granted artificiai and deceptive as to true credit conditions, the | which came| Many bankers ! ;bulgh. was second and Mrs. |Blanche Noyes, of Cleveland, was I third. | The planes in the race were lim=- lited to those of 510 to 800 cubic linch motors. Hubert St. Maryin, of Montreal, lwon the non-stop Toronto-Cleve- land race for commercial planes in two hol!rs, ten minutes and 24 RHINELAND ' EVACUATION IS REAGHED :: ement Signed by Five 'ontario, won the Toronto race | which stopped at Buffalo mruutu, {in three huux\ and 26 seconds. Agr thlons, Incident to Accepting Plan 1 — | ‘ ain, Italy, Belgium and Germany D U u B HGBURS 1 \ tions plan, have been signed by | ments in which Confer- | Provincial Officers— The Conference will adjourn .%il\':’ Arrests Follow 1 | THE HAGUE, Aug. 30-FLetters' NE‘QH NDRED V and documents recording the agree- | ment between France, Great Brit- i on evacuation of the Rhineland and financial questions incident to acceptance of the Young Repara-| ARE IN JAIL | representatives of the governments. | { The protocol and other docu-| | will be registered | the results of The Hague Disrobe and Chanl Before ence will be ready for approval| later. | die tomorrow. —_ ,‘ Several matters will be left for| NELSON, B. C., Aug. 30.—One| {future action either by conference hundred Dukhobors have been ar-| or by individual action of the gov- rested and jailed for parading on |Cmmwt concerned. |the highway 15 miles south of here. The Provincial Police left I here to arrest four members of the THREATENED sect, who disrobed when the Policc‘ ‘app(arcd | Three-fourths of the party oi‘ 150 disrobed and chanted. [ The Government agent, John| ! \Cartmrl gave them 30 minutes in | | WINNIPEG, Aug. 30.—Three|which to dress. They refused and | 1Mnmmhu settlements are threat-!/the Police and 60 special officers lened with destruction by fast ap- herded them in automobiles, trucks | proaching walls of fire. land busses and took them to the! | Rennie, Barf River and Flin Floa|jails which are overflowing. are menaced. | Babies were entrusted to the| Rangers and villagers are making younger of the group who failed to |a desperate effort to curb the ()l]-‘follgw the elders in disrobing. ! rush of flames. | Clothes were dumped in the pris- | | A new outburst is reported nn‘on yard for them. Black Island, north of Wmnlp«"l Peter Veregin, Christian Com-| 'mumby Universal Brotherhood lead- Dead (“”1 1% auntl(zll ,r-r who ordered the fanatics from the colonies, tried to get the group |to dress and be orderly. — List in Palestine Is Reported l,argc\ | JERUSALEM, Aug. 20.——Offlcia1‘MANY BURIED British figures to August 28 give | |Waterfront Structure Col-| lapses and Casualty List Is Believed Large ALGERIA, Aug. 30.—An unknown |the list of dead and wounded in | | Palestine as follows: Dead: Moslems 52, Christians 4 land Jews 96 | Wounded: In hospitals—Moslems | 103, Christians 9 and Jews 151. | 'Today Palestine is gradually ap-; proaching tranquility with the strong arm of the British military enforcing peace where for five| days turmoil reigned. There con-| \tinues desultory fighting in the pymber of persons were buried less populous districts. Looters yhen an old building on the water- |caught in the act are immediately |front collapsed. ~Some estimates | shot. |place the number of dead between 50 and 70 persons. The building housed 30 (amilies‘ ‘Il suddenly crumpled while those| occupying it were still abed and !they were caught in the ruins. Eighteen children and five per- [Reed Fmds Cont;;nent In Quiet Role of Lawyer| KANSAS CITY. Aug. 30.-The| |quiet of private life, after 35 sons were taken out alive. Ten years of political turmoil has bodies have been recovered from brought a new happiness and con-|the fuins, also 18 persons badly in- tentment to James A. Reed | jured. The former Missouri senator says| Work continues among the debris he has retired, but they cal him but no death check is available. | Kansas City’s hardest working law- | - yer. He goes to work ahead of | Priority for all vehicles coming his office staff, slips out to a drug from the right has proved a fail- store covnter for lunch, and fre- ure in France and cars on main quently works late into the night |highways now have the right of preparing legal briefs, way, ¢ | | | |lyle Hoover, friends of Loving, |ler, (He said they overturned ASTWO M()Rh AR"' MADE READY Modcel of the Houston (above), powerful new 1)000-ton cruiser to be launched simultaneously with the Northampton, September 7. afloat. Sailors (lower left) the sea. By FRANK L WELLER (A. P. Feature Writer) ‘WASHINGTON, Aug. 30.—Uncle Sam has a very particular secret about his navy. He isn't telling anyone the cruis- ing radius of his new 10,000-ton battle cruisers or the range of their 8-inch guns. Two of them, the Houston and lhe Northhampton, will be launched simultaneously September 7; the first at Newport News, Va, and the latter at ney,” Mass. Mrs. Calvin Coolidze will sponsor the Northampton, and Holcombe, daughter of former May- or Holcombe of Houston will spon- sor the ship that bears that city's name. The cruisets are the fourth and |official ¢ |fifth of eight authorized in Decem- ber, 1924. The Pensacola, Lake City and the Chester already have been launche yet completed. When they done the eight will become division | {5 of the scouting fleet operating {from the Atlantic coast. June, 1930, is the tentative date of commigsion, !with the Northampton as the divi- sion’s flagship. Elizabeth | The U. S. S. Omaha manning an anti-aircraft gun of the type that will guard the new tigers of Salt | private pubiication w The Augusta | world. Louisville and the Chicago are not | 13,000 miles at 15 are | without refueling.” (lower right) is typical of the 10 cruisers already He knows that one step more and his new sea tigers would be Built under terms of the Wash- ington limitation of armaments conference, the new craft are Uncle | “capital ships instead of battle Sam’s only modern scout cruisers.|cruisers. In fact two of them, the Like similar ships of other naval|Salt Lake City and the Pensacola, powers, they are limited to 10,000 imount ten 8-inch guns instead of tons displacement and 8-inch guns. ! nine afel the man; Lnlugiles on ail In authorizing them, Congr hem arc op d frop tusots asked for the “highest practicabic that offer every convemience of ele speed and the greatest desirable ra atior rapid dius of action.” Exclu vit mor_and armaments, they were not to exceed a cost of $11,000,000 each. es Ity is w0 secret they 11 make | atinosphere. of {397 Wiots” an Yot At carly an| “rhey-are mr ‘s\nmlmfifim airplane, nine 8-inch guns, folr [7,500-ton cruisers Of the Omaha 5-inch anti-aireraft guns and 6 tor- |type now afloat. These_have a pedo tubes cruising radius of 10,000 miles, have But, questions about the “radiusonly 6-inch guns and 3-inchanti- action”—the distance. they will [aircraft guns. without refueling—get no| Only six of the 22 old-type cruis- SWET. ers built between 1890 and 1908, are says in use and they are not combat- ant ships mow. By June, 1930, Uncle Sam will have 18 cruisers. Two more laid down under the 1929 naval program are being con- structed in private yards at Cam- den, N. J., and Quincy, Mass. By order of President Hoover the construction of three more has been stopped. The program called for 15, five to be built each ycar for three years. they of cruise Uncle Sam, “is a h an unoffi- ar craft in the they will cruise knots an hour “Hel cial list of all the It s “How far will those new guns shoot?" For answer Uncle a couple of significant “Har, har”: nd looks mighty well fied. Sam chartles har, satis- | ALLEGED INSURAI ! PLOTTERS |Col. Lindbergh FACE (,I'i)R(, A MURDER (IIAR(.IL.'il)umb/oumla Aug. her dim OCILLA, Ga., er's anxiety for the police on a trail which 30.—A mml\-unu stigation brought the arrest of | son that put|the thiree men. led to a grave, has brought a truu-i \ic denouement in which three men face a fight for their lives against (charges of murder. In the cemetery the state of Georgia now contends the son, Hm» ry Loving, 22, of Huntington, W., Va., was buried under the name | of another. Now the accused brothers, Aubrey and two Car- and Harry K. Sligh, Irwin county farm- |er, have been indicted for murde: charged with causing the youth men, James death in a plot to obtain $90,000|® insurance money. Protesting their innocence, three men await trial, hearing is expected to develop the truth of the weird plot. Two years ago, Lo U?th the two Hoov to “hitch hxkc" to Florida. The last word of him was from Fitzgerald, Ga Thcn he vanished. A worried mother, Mrs. Maude Loving Powers, this summer en- listed the aid of Sheriff W. E. Ty- in the search for her son, Har- ry Loving. By thin clues traced Loving to the home of Sligh near here. Sligh’s home had September, 1927, and a covered from the ruins buried at Seneca, 5. C. as that of the farmer. Insu e com- panies had refused to pay the $90,~ 000 insurance on his life and found Sligh in California. the started burned in body re- had been i8ligh said he belie ‘en unconscious and may | and the| |Juneau mine tsock is today quoted at TH, Tyler | |according to W. A. Eaton who re- jturned from a trip there. b {for several Returned, he was acquitted on & prospectors who were traveling in charge of arson after he told & small boats. / strange story of struggling with a| man who attempted a fight, setting fire to He claimed his mind blank and that he re faculties in California That was in the c when Tyler started his became &, to rob him. eral days before he returns to Se- a lamp ‘@ attle for the house. | overed his o( the fowl, it record 'the Pennsylvania State College Ag- |have attended or search. His riculiural Experiment Station. ! |company. l !Photographe hnd‘ CLEVELAND, Ohio, Aug. 30.— SRS S 8% Col. Charles A. Lindbergh has made left Loving in Georgia and BONC| e onqq with photographers and as- %0, Florida,. “Ohanging s St(i:y"tounded an observation tower full ved his attacker! e them when, after walking the full length of the dusty field, he |asked the photographers lw ake a picture. attempt tmwunted to mal P « | “I promised to pose yesterday but /I was so busy I forgot about it. Ithe house and identified the bofl”;:lnew::’c‘miis,m:;o “;‘:e“s’ m;';; s Sligh in a vain effort to collect | 0 a small fortune from the insurance Dambtoinded. the exmeramen re- covered, grabbed their bags and made off across the field after climbing over one another in get- ting down the ladder from the observation tower. Several especially posed pictures of Col. Lindbergh were taken. American Tobacco A 200, Tragedy Is Revealed; American Tobacco B 203%, Bethle- | hem Steel 138'%, Continental Mot- | ors 147;, Corn Products 1007%, Cud- | ahy 52, International Paper A 34,/ KANSAS CI1Y, Aug International Paper B 23, Acme bodies of Paul Leslie O'Dell, rail- 33%, Standard Oil of Calunrnmi‘way mail clerk, and an unidentifie 76%, American Ice 51%, Independ- woman, both bearing bullet wounds, ent Oil 3. General Motors 72. have been found near ClUff Drive, - > O'Dell had been shot. The wom= OPMENT PROGRAM AT an’s body was bruised and clothing {QUAH MAKES HEADWAY disarranged. ‘ The Police are attempting to Development work at the Umu-d piece together a torn letter which Eastern camp on the Tulsequah}was found near O'Dell's body. The River is progressing satisfactorily, envelope showed the letter had been mailed from Oklahoma on August 28, Parts of the letter in- cluded: and paying the price, money and baby.” The Police believe the woman |may have been choked to death by a strong string of beads around | her neck. the winter. ‘. The tragedy, however, remains a \omtres o 1y qware oo mystery. In defiance of the natural habits | - 134 turkeys are be'nzl Seven of nine children of Ed- mN«d in complete confinement at ward H. Wilson, Choctaw Indian, are attending {Oklahoma A. and M. College. The Hoovers claimed they Loving and the latter had fall- not have was escaped the flames But the state will i prove thut the three men plotted |the murder of the youtn; burned il e0 000 c o000 TODAY’S STOCK QUOTATIONS NEW YORK, Aug. 30. — Alaska High water in the Tulsequah River, how- ever, handicapped navigation there days and endangered Mr. Eaton will be here for sev- if they! Two Bodies Are Fonnd' 30.—~The | “I love you, going the limit DISASTER NEAR |SAN FRANCISCO; SHIPS IN CRASH Coastwise Steamer Run Down by Oil Tanker— Sinks in 5 Minutes CRIES OF STRUGGLING VICTIMS AID SEARCH Scores Believed Drowned —Wreckage Strewn Water Is Searched SAN FRANCISCO, Cal, Aug. 30.—Revised figures of the number of passengers aboard the coastwise steamer San Juan when she sank off Pigeon Point, south of here, showed that 74 persons are still unaccounted for and they may have drowned. The offices of the company here reported 65 passengers were ahoard the vessel when it collided in a fog with the Standard Oil tanker S. C. T. Todd. The crew numbered 45 {men. Radio staucas rumors: search i age sirewg warer {been made but ne additional | hodizs hu\ heen: found. | Tae Jusn. ~ax it fe erish. Although one side was stove in, boats were lowered. Lifeboats from the Todd were also lowered and went to the aid of those struggling in the water. Most of the passengers aboard were from Los An- geles. The San Juan was a small leraft and carried passengers - for reduced rates between an Francisco and Los An- geles. Survivors said that Capt. Adolph Asenlund sank with the ship. Cries of the passengers Ipierced the darkness of the carly morning as searchlights strove to pierce the fog and rescue those struggling in the water. ————,--——— NEW DECISION - SOPHIA WRECK HANDED DOWN |Only 22 of 211 Claims Are to Be Paid—Ruling by Judge Neterer has five SEATTLE, Aug. 30.—Only 22 of 211 claims in the Princess Sophia | disaster are to be paid according to a ruling of Federal Judge Ne- terer, whose ruling almost com- | pletely reverses the decision of A. ! C. Bowman. The ruling of Judge Neterer al- {laws $10,000 for each claim which |1s the maximum under the Alaskan i statutes, aggregating $220,000. Administrators of estates, as follows, will be paid: | James Almark, Charles M. Caille- man, Charles S. Chinery, Charles , Chanquist, Sam Changquist, Michael Davis, J. E. Gorner, Nellie G. Gor- ner, Jim George, Frank L. Gibbs, |Jonn C. Greenm, Lars Athansen, Sam Henry, Josephine Henry, | Charles W. Leber, Guy E. McCrait, Thomas M:Mahon, Charles O. Nel- son, Henry D. Parking, Albert D. Pinska, Oscar Poppert and William Scouse. — .- — Folks *struggled so desperately to pronounce the name of M. 8. |szymcnk. Chicago Superior Court Clerk, that he had a card printed ’wuh M. S. Simchak thereon.