The Daily Alaska empire Newspaper, February 24, 1934, Page 1

THE DAILY ALASKA EMPIRE VOL. XLIII., NO 6563 Jb'\IhAU ALASKA SATURDAY, FEBRUARY 24 1934, “ALL THE NEWS ALL THE TIME” \1EMBER OF ASSOCIATI:D PRESS ARMY FLIER DROWNS IN ATLANTIC * * * * * * * * * * * * * * * * * * * PLANE IS LOST WITH TEN ABOARD JAPAN wuuw ]Pu -Yi Takes Throne as “Son of Heaven”; Burnt Offering PLACATEU.S. BY DIPLOMACY Foreign Minister in Tokyo Proposes Division of Spheres in Pacific WOULD PLAY DOWN ALL TALK OF WAR House of Peets: Told Bolh Countries Are Ready | for Peaceful Agreement ’ K O, Japan, Feb. 24.—For- eign Minister Koki Hirota told the House of Pe today that both United States and Japan must > diplomatic action to prevent two nations from becoming h Japan and America,” he should endeavor not to think the The Foreign Minister made the statement in discussing the possi- bili an agreement to divide ic into two spheres of of interest. 'Why could not Japan recognize ica’s supremacy in the Eastern Pacific in return for America’s rec- o) ion of the Japanese in the We: n Pacific,” was asked . by B n Sakamota. “If America is satisfied to con- clude such an agreement, I do not believe it would be difficult,” Hirota replied. ————— PARTY CHIEFS GIVEN WARNING BY ROOSEVELT National Committeemen Told to Quit Posts Before Taking U.S. Contracts WASHINGTON, Feb. 24—Presi- dent Roosevelt suggested at the press conference yesterday that Na- tional Committeemen who bid on contracts involving Government funds should first give up their political posts. / No specific instances were brought out. While the President did not in- dicate he will take any personal action for publicity of his views, he expected party leaders here to bring about compliance. - MATINEE IDOL, " FORMER DAYS, i f {i DIES IN EAST Corse Payton Takes Final Cell in Charity Ward of Hospital BROOKLYN, N. Y.y Feb. Corse Payton, matinee idol of a generation ago who made millions weep when he played “Over the Hil: to the Poor House,” died late yesterday in a charity ward of a local hospital at the age of 57 years. | JPayton played the middie west - with his stock companies and later operated a popular priced theatre in Brooklyn featuring oldtime mel- odrama. Payton was financially success-, ful with this theatre' until the movies spelled his doom and he| went into bankruptey in 1921. With the return of beer, Payton attempted another comeback with a combined beer garden and stock Saempany but became ill and was taken to a Rospital. | The oldtime actor is survived by, his widow and sister. ut DawnH oads Accession tho - Henry Pu-Yi, fermer menarch of the new “Great Mancl State of Manchukuo, on March 1 er,” as his consort. He is shown i “Boy Emperor’ of China, is te become e the Japanese-fostered Yueh Hua, or “Moon Flow- n uniform as Commander-in-Chief hu Em of the Manchukuan Army, his weak eyes shielded by dark glasses, while his delicate, frail wife appears in a picturesque court dress. CONTROVERSYON STOCK PROBE BY SENATE IS RIFE Charges of Propaganda, Denials Delay Windup of | Two-Year Investigation WASHINGTON, Feb. 24.—A rag- ing controversy over propaganda charges delayed the wind-up of the Senate's two-year investigation of the Stock Market. Richard Whitney, head of New York’s Big Board, issued a sharp denial that the New York Ex- change is flooding the country with propaganda against the Fletcher- Rayburn bill for Governmen! con- trol of the exchange:. If his efforts t.o de!eav._w measure are propaganda, he said, then the Constitutional right of free speech is dead. The Senate investigators pointed to fresh testimony that the New York Exchange has spent a mil- lion dollars in less than five years for publicity purposes. The Senate Committee intended to close the inquiry temporarily, at least, with yesterday’s session but the propaganda controversy spoiled the plan. e —— : BUS BOES OVER EMBANKMENT;5 DIE: 10 INJURED Rain SoakgHighway Causes Fatal Accident in Arizona WICKENBURG, Arizona, Feb, 24 | —Five persons were killed and ten injured today when a large bus carrying 35 Mormon Church work- ers slid from a rain drenched highway and overturned one mile ! 'east of Aguila. ' By JAMES A. MILLS ! | i HSINKING, Manchukuo, Feb | —Approximately $1,000,000, or 830,000 Manchoukuan yuan, to b\ more exact, are being expended on | the elaborate preparations here for the enthronement of Henry Pu-Yl as emperor of Manchukuo. This is fixed iake place on March 1, second anniversary of the | | establishment of Manchukuo under | the shield of the Japanese army. On that date solemn ceremonies | Will be held to mark the accession |of the former “Boy Emperor” of China, now a young man of 28, to a throne from which he will reign w his new realm, the “Great Manchu Empress Can’t Appear As she is in delicate health, new ruler's consort, Yueh Hua, “Moon Flower,” will not take part| in the ceremonies. To signalize his accession, Pu- Yi is expected to proclaim a gen-| eral amnesty applying especially tol those who have been political ene- the reduce taxes and create a peerage of five ranks. Because of the bitter winter, work has been suspended on the build- ings of the new capital of Man- churia rising on the outskirts of Hsinking, including the million- dollar palace for the new emperor. The .main indoor ceremonies therefore must be held in the drawing room of the present mod- —Pu Yi's present title—in Chang-chun. This old fashioned building formerly was the head- | quarters of the Kirin salt adminis- | tration. Its rooms are small and | drab, and much congestion is ex- pected at the enthronement rites. Makes Sunrise Sacrifice Byt if the indoor ceremonies are 2 bit cramped, there will be plenty of space for the most picturesque | rite of all, the new emperor’s sac- | rifice to Heaven. This will take place at dawn on an “Altar of Heaven”— copied from the magni- ficent marble structure in Peiping | where Pu-Yi's ancestors sacrificed for centuries. The altar is being built on the frozen plain on which the new capital is rising. This is known as the “shuntien kwanchang” or the “Broad Place of Obedience to Heav- |7 (Continued on Page Two) | over the 34,000,000 inhabitants of or| mies of' his regime. Also he will ) Rush of World’s BRITISH PREMIER REFUSES T0 SEE WORKLESS ARMY Thousands March Into] London to Lay Grievances Before MacDonald | COMMUNISTS BLAMED | | FOR DEMONSTRATION gpecxal Pollce Called Out for Week-end to Help | Officers Keep Order | i | LONDON, Feb. 24—Thousands of | \Im(*m')m\e(l marchers from all parts | of the country arrived in London | |1ast night only to learn that one| of their main purposes, that of| interviewing Prime Minister Ram- say MacDonald about their condi- |tion had been refused. MacDonald said the situation of the unemployed was being handled by House of Commons legislation, | | therefor he would not receive the| deputation of marchers. It is understood that one of the reasons of the official policy was| knowledge that Communist organi- | zations had sponsored the trek to| the capital, | Marked by Deft Trading Gold to New York Maneuvers | Ten thousand special police were | r weeksend duty to assist | the thousands of regular forces to |regulate a protest meeting tomor- | {row in Hyde Park. | Leaders said 50,000 would par- |ticipate in the demonstration. The! purpose of the gathering is to|—0 protest the condition of the un- employed and what the marchers consider unfavorable provisions of |the unemployment bill now before ‘Pmrlmm"ul ssimistic Sentiment In Wall Street Causes Selling Flurry by the President. and cables humming with Here's NEW RULERS UF BELGIUM MEST MAKE BIG TOUR Task of Keepmg Two Na- generally pointed downward at the tionalities Under One |short session today although sell- ling was orderly in the face of Flag IS Great considerble pessimistic sentiment in BRUSSELS, Belgium, Feb. |the street. A few scattered issues, including —King Leopold the Third, and|aircrafts, showed resistance. The ‘Queen Astrid are faced with the | close on the whole was heavy with responsibility of all Belgian mon- |sales totaling 1,300,000 shares. erchs, the task of keeping two| 1h¢ curb today was lower. ; aliti d Reaction Causes nationalities under one flag. Market commentators attributed The first important duty of tne|further reaction partly to the grow- inew rulers is to make an appcar» belief a rather drastic law ance n every town and village in|¥ill be enacted for control of spec- ulation and reports of labor diffi- |culties in some auto and motor {accessory plants and fear a gov- |ernmental investigation in various 24, | Belgium. | months. Three times pefore in the 100 This will require several The 1934 gold rush dwarfs the rich strikes of the forty-niners in California, With precious hoards speed over the ocean fo New ¥ork to take advantage o Behind the buying and selling of the metal of the gold traders, who figure profits in fractions. gold lwin;: unloaded in New York. years of Belgian independence this, was required of new sovereigns. | | They alone symbolize the unity of the Flemings and Walloons. The industries may follow the inquiry into alleged price-fixing agreements | by packers. Wheat and cotton were fairly est residence of the chief executive | old| Flemings are separatists. s e G. 0. P. SOLONS T0 FIGHT PARTY i Fret | points included United States Steel, Republican National Com- curysier, Montgomery-ward, Am- |erican Smelting, Western Union, mittee to Work Independ- |5t icnam * stes, “oaton pucitic, I ently of Congress Body |Northern Pacitic and other rails steady. Silver and rubber eased. Bonds, particularly of the second- ary classification, were inclined to | follow stocks, United Aircraft, Douglas Aircraft, | Curtiss-Wright and Aviation held |small advances. American Telephone and Tele- graph was among the few issues bucking the trend, and finished WASHINGTON, Feb. 24~Fa,x]m"‘ CLOSING l’RlCES TODAY to agree on a program of action| NEW YORK, Feb. 24. — Closing with the National Committee, Lhr‘quoram) of Alaska Juneau mine Senate and House Republican stock today is 20%, American Can, Campaign Committees decided last|102. American Power and Light night to combine and proceed alone | Jos, Anaconda 15%, Armour B 3, on a party drive upon the Denw,‘a(zhxehem Steel 45%, Calumet and cratic Congressional majorities this|Hecla 5%, Curtiss-Wright 4%, Fox coming fall. \des 147, General Motors 38'%, The statement said the joint| | International Harvester 41, Ken- committee will have full co-opera-|necott 19%, Montgomery Ward tion of the National orgamzauun!“ i, Packard Motors 57%, Southern but it added that the latter will|Rairoad 321, United States Steel “take no part in campaign ac-|56's, Ulen Company, no sale United tivities of the combined Senatorial |Alrcraft 25%, Translux Daylight | and Congressional Committees.” |Pictures 2%, Slegk licers laden i rgtid wed are the secret computations and man- Their brokers keep the trans-Atlantic tele- orders as the “geld point” varies and the chance for a profit looms. GOURT'S RULING MAY FREE MANY By RADER WINGET NEW YORK, Feb, 23— ... great gold race of '34 is on. Speed and secrecy are the watchwords . millions are at stake. Plodding sourdoughs back in '49 FIFTH AVIATOR LOSES LIFE IN CARRYING MAIL TWO Companlons RCSCued by Destroyer After Crzsh in Angry Waters GIANT PASSENGER CRAFT IS MISSING Air Linet with Two Pilots, Eight Passenge s Aboard Disappeat ¢ WASHINGTON, Feb. 24.— | Planes and vessels are today searching the sea off New | York for the body of Lieut. George F. McDermott, the fifth flier to die in connection with the Army’s carrying of the mail. Lieut. McDermott was en- |route from New York to | Langley Field, Virginia, on a pick-up mail route. | The Lieutenant and two iother fliers were forced down tamid the gopshipg woves i Ruckawnygl.’oi'nt. . | A destroyer picked up Me- ‘l)ermou"s companions but ne trace was found of him. The plane was lost. 10 Are Lost Private aviation is also | having its own woes. A Unit- ed Airlines plane with eight were just pikers with picks scrateh- ing for comparative pennies after the big strike at Sutter’s mill. The modern gold race scene changes from sleepy burros to sleek transatlatic liners and airplanes. The modern prospectors use pens instead of picks. It is simply a case of buying gold at a low price in London or other foreign centers and selling at” a higher price in New York. CHICAGOCRNOKS 700 Pending Indictments, Also Placed in Jeopardy by Illegal Grand Jury CHICAGO, Feb. 24—Convictions " in virtually every important crim- | : ptiag “"l'c‘l"l; 98 Fia 5 i(b‘",“nal in Cook County during . and some 700 pending criminal forty-niners knew their sluice box- o . P | Utah, passengers and two pilots aboard was reported overdue Jthis morning at Cheyenne. A Istorm is raging. Officials feared the plane had been forced down. Late this afternoon advices re- ceived here from Salt Lake City, said ominous silence sur= rounds the disappearance of the giant United Air liner. No word has been received since shortly after the liner left there with eight passengers. Two veteran indictments were placed in jeopardy boxi today by the State Supreme Court ruling that Cook County's method | of selecting grand juries is illegaly The decision handed down in an obscure robbery case, may be used | as a lever in an effort to nullify| the conviction for kidnaping John Factor by Roger Touhy and two How It Is Domne Here is the technique of digging! wealth from gold, A. D.,, 1934: A banker wants to buy 1,000,000 pounds sterling in gold. He sells his dollars to buy pounds, perhaps paying $5,000,000 for thg 1,000,000 pounds, depending on the exchange codefendants. The defense counsel | rate. {said other cases involved include Then he calls his gold broker in|ingictments pending against Sam- New York and gives his order. The | el and Martin Insull. gold broker deducts 1-40 of 1 per| The court held that the grand cent as his fee and cables his Lon- | jury must be composed of the msg‘ don representative to buy gold a’lt\wnn three men whose names are the market. ‘drawn from the jury list. The At 11:15 am., London time, Six’])rd(.“tl.’ has been that the jury hours ahead of eastern standard|commissioners draw from sixty to time, the gold brokers meet in Lon-|one hundred names from the list| don to set the price of gold for|and submit them to the Chief | the market opening. The order is Justice of the Criminal Court who‘ executed at the best price for F.|[selects the jury from the panel. | O. B. delivery at the ship's side| S 5 o AT o TOUHY DENIED pilots, according to the advices (from Salt Lake City, searched dur- ing the night and this forenocon for the, missing plane but found {no trace. No Discouragement The Army meanwhile went brave- ly about the task of flying the mail. A statement from the War Department said 148 planes have been flying nearly 41,000 miles daily in terrible weather and therefore there is no reason for discourage- | ment. The War Department also said that only one of the five Army (Continued on Page Six.) —————— HOUSE PASSES AIR MAIL BILL FOR ARMY USE To tran'\por’ the gold across the | Atlantic to New York there is a| NEW TRIAL; IS ) OFF TO PRISON charge of 25 cents to $1 per $1,000| \ | S0 120 | in gold. Protection of the gold in| shipment is insurance costing from! Gangster and Two Hench-| men Must Spend 99 45 cents to $1.70 per $1,000 in gold. | Additional Expenses | Years Behind Bars Feb. 24—A mo-| There is a jam of shipping facil-| ities at the moment because there is only a limited space in which to store gold properly, and insurance companies will allow only a certain | amount of gold on one ship. Rates have changed accordingly. When the gold gets to America tion for a new trial for Roger Touhy and his two convicted| henchmen found guilty of the kid- naping of John Factor and tenced to 99 years in the, State Prison, was denied this forenoon. As the sentences were read and new trial denied Touhy went weak there is a custom house brokers fee of about $3.20 per $1,000,000 in and jammed his free hand against his mouth as he became nauseated. gold and then the trucking com- pany charges 5 cents per $1,000 in Touhy and his companions were immediately taken to the prison gold as a transportation fee from “land they arrived there safely. CHICAGO, I, the pier in New York to the gov- ernment assay office on the tip of Manhattan. Armed guards hold guns as the gold is jerked from armored trucks and rushed into the assay office vaults. (Continued on Page Seven) chubllcans Cry ‘Legalized Murder But Are Voted Down by Congressmen WASHINGTON, Feb. 24—Among charges that the designation of the Army to carry air mail was legalized murder, the House passed {the Senate emergency air mail bill authorizing the use of Army equip- Iment and expenditure of sufficient funds to continue the Army air mail service for not longer than one year. Amendments were inserted authorizing expenditures for re- pair or to replace planes damaged or destroyed and giving wartime disability pensions to men injured in flying the mail and six months’ pay to dependents of any Army. aviators killed while flying air |xmul.