The Daily Alaska empire Newspaper, June 14, 1933, Page 1

THE DAILY ALASKA EMPIRE '/ “ALL THE NEWS ALL THE TIME” VOL. XLIL, NO. 6366. JUNEAU, ALASKA, WEDNESDAY, JUNE 14, 1933, MEMBER OF ASSOCIATED PRESS PRICE TEN CENT§ AMERICAN PLEA MADE T0 ALL NATIONS == e PROPOSAL MADE President’s UNITED STATES [ OF 10 PER CENT Amount Decided Upon, as| Result of Basis of ‘ Reparations REPLY TO BE MADE TODAY BY ROOSEVELT| Part Paymen—tIV[ay Be Ac- cepted But Not Regard- _ed as Settlement LONDON, June 14—Great Bri-| tain has decided to make a 10 per cent token payment of the $76,- 000,000 war debt installment due to the United States tomorrow upon President Roosevell’s assurance he will accept it himself alone though he cannot pledge acceptance by Congress. It is learned upon high authority that the 10 per cent amount was decided upon as the result of the basis of reparations settlement ac- corded Germany at Lausanne. | ) ANSWER 1S AWAITED WASHINGTON, June 14.—A di- rect answer to Great Britain's in- jection of war debts into the World Economic Conference is looked for in President Roosevelt’s reply to the British offer of a 10 per cent payment of the war debt install- ment owed to the United States. The reply may be published late this afternoon. It is stated on authority that the reply is described as containing acceptance of the part payment, with a specific proviso it will not' be regarded as full settlement for the $76,000,000 due tomorrow. PROPOSAL IS 0. K. WASHINGTON, June 14. — The American note expressing highly conditional willingness to receive the British token as payment on Elliott Roosevelt, secend son s d"”’" t-= been dispatched 0| ponner Roosevelt, Philadelphia heiress whom he married January g ey 16, 1932, have separated and contemplate divorce. Pres Roosevelt stated he is i 4 aboby, ~~unce & oonference on he announced plans to establish a Nevada residence and said it was war ‘o be held in Wash-| Possible she will institute divorce proccedings after he becomes a ington. legal resident cf the State. (Associated Press photo) of the President, and Elizabeth At Los Angeles Ofricials here poimed out that the President is still persistent in the attitude that any revisibn must be undertaken in bilateral conversations saparately with na- tions. e BUSINESS IN TERRITORIES IS IMPROVING Pick-up Extends to Hawaii and Alaska, Says Bankers’ Review FAULKNER MADE HEAD OF BOARD OF EDUCATION Board in First Session Fin- ishes Organization and — Studies Duties SAN FRANCISCO, Cal, June 14, Rooseveit Policies Bring Out Question; Answer Is Qualified —The business pick-up in the States has extended to the terri- At the opening session of its ini- tial meeting, the Territorial Board tories of Hawaii and Alaska, the Bank American Review says to- day. Improvement listed for Alaska include salmon packing, copper and reindeer industries, all benefiting from the rises in the price of com- modities. | MACON STILL MAKING TRIP THROUGH AIR CHICAGO, Ill, June 14—The U. 8. Navy dirigible Macon is still in the air on a practice cruise, apparently nothing coming of the reports sent out late yesterday afternoon the stabilizator was dam- aged. of Education yesterday elected H. L. Faulkner of this city, and mem- ber at large for the Territory, to be President, it was announced to- day by Commissioner Anthony E. Karnes, Executive Secretary. Mr. Faulkner, P. C. McMullen, Seward, and Mrs. A. H. Nordale, are the only members in attend- ance. A. H. Zeigler, member for the First Division, will not be able to reach here in time for the meet- ing. He was called to Seattle unex- pectedly on legal business and is leaving there tomorrow. The Board probably will have concluded its l (Continued on Page Eight) Youthful Blue Outfit Worn by Mrs. Dall WASHINGTON, June ©.—Mrs. Curtis Dall, daughter of the Presi- —————————— dent, is wearing a youthful Most frequent violations of air spring-like jumper frock of blue commerce regulations in the firsticloth with a silk blouse. The out- | quarter of 1933 were in acrobatics!fit. includes a biue swagger coat and low flying. Jand tiny straw hat, and | By BYRON PRICE (Chief of Bureau, The Associated Press, Washington) ‘What do'the new Roosevelt poli- cies at Washington mean in terms of party politics? | The answer must be qualified, be- {cause there is no certainty now {what course thé Republican party will follow. If the Roosevelt experi- ments turn out well, the opposi- tion may be expected to look for entirely new ground in 1936. If they turn out badly, chances will be greater for a Republican reaf-) firmation of the Hoover doctrines and warnings of 1932. Subject to this qualification to| the future, the only logical means| |of comparing the present position of the two parties is to measure| what the Democrats have done against. what the Republicans! Ipromised to do if retained in pow- |er. The outline of these promises is to be found in the campaign | speeches of Mr. Hoover. By tradi-| tion he remains the leader of his party until a new leader is chosen. The national party ofifcers at the | moment are men selected by him, | His most recent utterances are the | | latest extant pronouncements of! | party policy. { Seen in that light, several direct | lines of division at' once become apparent. For since March 4 most | of the things so strenuously ob-! | jected to by Mr. Hoover have come to pass. { Where They Differ To enumerate only a few: MONEY—the gold standard, a rallying point of Republican de- fense, is gone. Inflation, a word of deepest Republican abhorrence, has (Continued on Page Three) ' | | | | assist |House acceptance of the Senate| REFORM BANK MEASURE HAS BEEN PASSED Senator Carter Glass’s Bill Is Finally Enacted by Congress RADICAL REVISION - IS TO .TAKE PLACE President Praises Legisla- tion—Power Given Federal Reserve WASHINGTON, June 14. — A radical revision of the country's banking methods, after years of agitation to correct the conditions leading to bank failures contribut-| | ing to financial booms and crashes, 'begins to take shape immediately.' Senator Carter Glass's Bank Re- form Act, possibly the greatest piece of permanent legislation en- acted by any recent Congress, be- comes a law today with President Roosevelt’s signature. The President called the bill the best piece of banking legislation since the Federal Reserve Board Act. ‘What Follows All National banks, within the year, will have to separate them- selves completely from securities, corporations, private banks- and will have to quit taking deposits 1or stop floating securities. ! The Federal Reserve is now given power to shut off the stream of money for members lending it to market speculation which keeps the public’s billions from be- ing lent to brokers for financing margin operations in a booming market. | AGREEMENT ON | VETS' ISSUES NEARLY MADE Amendments to Relief Sec- tions Are Still Pend- ' ing in Senate WASHINGTON, June 14— The Senate last night sent back to con- ference with the House the partial report on the Independent Office! Supply bill carrying veterans' re- lief provisions. The Senate did this without reaching a decision on the major points at issue. This afternoon the Senate adopt- ed the Administration’s perfec amendment to the House compromise to take care of Spa ish-American war veterans over 55 years of age. | The appropriation bill is | practically completed with amendments. to agree. A direct showdown between the The Senate has yet The above telephoto, transmitted to San Francisco over the Bell System, is an Illustrated News radio. picture showing Jimmie Mattern's plane being hauled along the beach on Kragero Island, Nor- way, after a record breaking transatlantic solo hop. Mattern flew from Kragero Island to Oslo, capital of Norway, and from there to Moscow, Russia. Since then he has traversed the bleak Siberian steppes and made a safe landing at Omsk, in far Eastren Russia, from which point he has made his way to the storm ridden Kamchatka Peninsula, opposite Alaska. The “smiling airman” is seen bending over the wheel helping to trundle the plane along the lonely Norwegian beach. MATTERN'S MOTHER ON WATCH Mrs, Caroline Mattern (seated), mother of Jimm: Matt in Freeport, IIl., she followed elosely reports of her sol round-the.world solo flight. With Mrs. Mattern Is Jimmy's aunt, Mrs. Elizabeth Somerville. (Associated Press Photo) CONGRESS HAS ENACTED BILL FOR RECOVERY President Calls Cabinet Together, Extraordin- ary Meeting ~—President Roosevelt last night summoned an extraor- dinary meeting of his Cabi- net officials who will direct | the vast potentialities of the }newly enacted Industrial Re- vival Public Works bill, dis- 1cussing with them before the measure had been signed, the details of how to put one mil- lion or more men to work as ispecdily as possible. i As soon as Congress ap- | proved the bill it was sent to the President, which was late vesterday afternoon. R — ALASKA SHARES “The Flea” \MATTERN OFF Passes On | Tyypeppy QN From Heat Personal dpy tor Abraham me(?:? Dies in Solo Flier Forced Back to ieago Siberia by Fog—Starts Again Tomorrow CHICAGO, Ill, June 14—Jason H. Edgerly, “The Flea,” who was the personal spy for Abraham Lin- coln, died here today at the age MOSCOW, June 14—Jimmy Mat- HOP TO NOME President and the Senate on the of 95 years, a victim of the heat. {the Admiralty-Alaska Gold M vets' relief was brought to a near climax with the formal offering of the Senate of a substitute for a revised House-Administration com- promise. | ——e———— — } | MR. AND MRS. PEKOVICH ARRIVE IN TOWN TODAY Mr. and Mrs. W. S. Pekovich arrived in Juneau today on the own boat from Funter Bay and 2 of Pekovich is General Manager Company at Funter. Edgerly gained the name of “The tern will take off early tomorrow | morning on his second attempt to Flea” by Lincoln after he stole fly to Nome, Alaska. His plane is the Confederate Army plans for;now being overhauled. He sought the Willow Creek battle from]the advice from Russian air ex- under the nose of Gen. Lee. perts here and they advised the e - American solo aviator to fly via JOHN G. BLANCHARD ON (Chumikan and the Bay of Udsk WAY TO SKAGWAY FOR |pecause it is the safest course. SUMMER ON PRIN. NORAH| Mattern landed unexpectedyy at John G. Blanchard, General Pas- noon eight hours and five minutes senger Agent for the White Pass after he had taken off for Nome. | staying at the Gastineau Hotel. Mr. and Yukon Route, passed through| Mattern encountered fog and ice Juneau on the Princess Norah last|conditions over Tartar Gulf forc- evening on his way to Skagway ing him to turn back. His motor. where he will spend the summer. |jis in good running order. Massachusetts Eleventh State to Demand Repeal; VoteIs4tol Victory ) BOSTON, Mass,, June 14.—Ma sachusetts has joined the colu | of states committed to repeal of | the Eighteenth Amendment. | Delegates pledged to repeal won a smashing victory . yesterday for seats in the Constitutional convei- } o {Earth Shocks |At Seward Makes {'Em Seasick | | SEWARD, Alaska, June 14. | A series. of earthquakes have been felt here since 5 o'clock Monday morning. The severest was at 12:20 o'clock yesterday afternoon. The stiff jolts were followed by a series of undula- tions causing nausea to some of the residents, tion to act on ratification of the amendment repealing Prohibition. Returns early this morning were| more than 4 to 1 for repeal. | Pigures from 1685 precincts give | for repeal 434,062 and against re-| peal 97,733, { | thabnmvsk late yesterday an.er-l IN MONIES FOR PUBLIC WORKS First Allotment of $250,- 000 Is Made—Big-Scale Program Contemplated i | | | | Alaska's first allotment of funds from the Administration's great under the National Park program, according to an Associated Press |dispatch received from Washington |by The Empire today. | A substantion portion of it will 'be made avallable for immediate se. | It is known here that the Dele- gate is also working on a big scale 1public works program for the Ter- \ritory to be financed by funds from I the same source. Details of it are being worked out with Gov. John W. Troy, but they are not available |at this time. Roads for Park According to today’'s dispateh, |The Delegate said he had been in- formed that under the National 'Park program an allotment of 1$250,000 had been made for roads ‘ln Mount McKinley National Park. {This sum, he said, would be used jto extend the Park Highway into the Kantishna district where there are vast reserves of gold and other ores now practically untouched be- cause of the lack of transportation facilities. The entire amount, he added, probably will be spent during the next two working seasons with a substantial sum being made avail- able immediately upon the approv- al of the National Park program by the Public Works Administra- tion. Also included, he said, is (Continued on Page Two) public works program is $250,000 | BRITISH TO PEFAULT IN FULL WAR DEBT PAYMENTS First Pictug.rie of Mattern On His F light 7 SEC. OF STATE ' HULL OUTLINES VIEWS OF U. S. Calls Upofi)e]egates to World Economic Con- ference to Act AMERICAN SOUNDS WORLD WARNING Emphasizes Necessity for Lowering of Tantff Barriers LONDON, June 14,—Ignor- ling critics who have bitterly assailed American currency and war debts policies, Secre- tary of State Cordell Hull, spokesman of the American | delegation, late this after- inoon called upon the world | economic conference to take |a stand against economic na- }tionalism by all nations and | for participation in the Am- erican proposed tariff truce. American Secretary of | State Hull did not even men- [tion war debts and stressed WASHINGTON, June _14. three points, calling for re- moval of all excesses in struc- ture of trade barriers, urged the conference to face the vexed problem and to work for a permanent international monetary standard and lay idown the proper function of the metals, gold and silver, in the operations of such a stan- ;dard in the future. | The American spokesman em- ‘phaflzed the necessity of taking | T (Continued_on Page Two) ( S S EUROPEAN BLOG WORKS AGAINST UNITED STATES | | I Conference at London Al- ready Plunged Into Dis- cord on War Debts LONDON, June 14—Plunged in discord at the birth by the injec« tion of the war debts issue and strong anti-American statements, the world economic conference | awaited' American Secretary ©f , State Hull's speech today. The American Secretary was con= gsmcuous through the long hours of oratory yesterday by his absence !from the hall and the continued 'absence of most of his colleagues. The leader of the American dele- gation was expected to make a re- ply late today, to the attacks on America and her policies made by European, South American and South African delegates. Americans Lose ‘The Americans appeared to have lost the first two rounds of the conference, to bring acceptance of President Roosevelt’s viewpoints, one involving the chairmanship of the all-important economic mone- tary body and the other concerned war debts which were outlawed from the conference agenda. French Objection The French delegates objected to James M. Cox as Chairman of the Monetary Committee but adherence of four more nations to Roose- velt’s tariff truce, making a total of nineteen natjons pledged not to raise new trade barriers during the conference, was some consolation. British Position Exchequer Chamberlain outlined his government’s position at today's early session and like many others declared a settlement of war debts and reparations were both essential for world recovery. He asserted | (Continued on Bage Pwo) -