The Daily Alaska empire Newspaper, June 5, 1934, Page 1

» THE DAILY ALASKA EMPIRE “ALL THE NEWS ALL THE TIME” VOL. XLIV., NO. 6669. JUNEAU, ALASKA, TUESDAY, JUNE 5, 1934. - MEMBER OF ASSOCIATED PRESS PRICE TEN CENTS SEVEN STATES | GIVEN RELIEF BY RAIN FALL Part of Parched Section of Middle West Benefited —Relief Plans Go On WASHINGTON, June 5. — The glad tidings of rain in the drought area cheered Congressmen today as they joined in a White House con- ference to push the vast relief program. | Whether the rain that fell on| the parched Midwest last night | would affect the plans to spend half a billion dollars for relief, re- mains to be seen. Officials said large sums will! have to be spent to repair the enormous damage already done. Heavy rains fell in seven' States | and additional rains are forecast | generally for the ravaged area| lending hope that the peak of the | six weeks' drought damage has; been raeched. | Other States are still watching for rain, including Idaho. | | HALF BILLION NEEDED WASHINGTON, June 5.—Presi-| dent Roosevelt suggested this af- ternoon a half billion dollar emergency drought relief program | to the Congressional leaders. It was immediately agreed to rush! legislation through the present. session. - e e STOCK PRICES TAKE ADVANCE OVER MONDAY Metals Lead in Recovery" —Technical Factors Aid Improvement | NEW YORK, Jue 6.—Stocks re- sumed the advance today over Monday and numerous issues gain- ed from fractions to around two| points. The further upturn is at-| tributed largely to technical factors, improvement in the labor situation and expectancy of favorable Wash- ington developments. Today's close was firm. Bonds on the curb were stronger. Metal stocks lead recovery. Rails and industrials were scat- | tered and utilities followed. Grains spurted on indications that the rains failed to break the severe drought. Gainers Issues up one to around two points included TUnited States Smelting, Santa Fe, United States Steel preferred and common, West- ern Union, American Telephone and Telegraph, Howe Sound, De- pasco, McIntyre-Porcupine, Dome, American Smelting, Bethlehem Steel, General Motors, Chrysler, Goodyear, Westinghouse, Montgom- | ery-Ward, Case, Armour preferred, New York Central, Union Pacific, Dupont, Allied Chemical and others. CLOSING PRICES TODAY NEW YORK, June 5.—Closing quotation of Alaska Juneau mine stock today is 20%, American Can | 947, American Power and Light| 67%, Anaconda 14%, Armour B 2%, Bendix Aviation 15%, Bethlehem Steel 32%, Briggs Manufacturing 167%, Calumet and Hecla 4%, Chrysler 40, Curtiss-Wright 3%, Fox Films 14%, General Motors 31%, International Harvester 32, Kennecott 19%, Loews 33, Standard Oil of California 33%, Ulen Com- pany, no sales; United Aircraft 29%, United States Steel 40%, Warner Pictures 6, Pound $5.04, Nebesna bid 1.05, ask 1.10. Notre Eme’s "President Passes Away, South Bend SOUTH BEND, Indiana, June 5. —The Rev. Charles L. O'Donnell, for six years President of Notre Dame University, is dead as the result of an streptococcus infection. He: had been incapacitated for more than one year. \Is Buried More than 60 cargo vessels were laid up in San F rancisco bay due to the longshoremen’s strike which has affected all ports between Canada and Mexico on the Pacific coast. A section of the San Francisco- ! waterfront is shown with ships at piers and anchored in the stream to save wharfage charges. (Associ- ated Press Photo) SHIPS ARE TIED UP IN HARBOR 'CANNERY SHIPS LOADING FOR ALASKA IN 'GREAT BRITAIN DEFAULTS DOCK STRIKE; | Alive at His Own Request SIMELA, India, June 5.—Re- ligious pilgrims report that the aged Shamanist Abbot, of a temple_near. Bareilly, has been buried alive at his own request by his followers. The Abbot is reputed to be 157 years of age and he be- licved his life work was over and to live would be an affront to the Dieties. The Abbot followed the age- old practice of his religion in dectroying himself. He dug a grave, lay down in it, and his followers, after certain religious rites, ccvered him with earth. STOP WRITING INSURANGE ON DEATH CHANGE Policies Issued to Various Persons on Roosevelt Arouse Concern LONDON, June 5-—The Daily {Mail says that Lloyd’s no longer writes insurance based on the ac- tual possibility of the death or assassination of President Franklin D. Roosevelt. . ‘The Mail states that the practice was discontinued upon a direct re- fice. Several weeks ago someone with a mania for speculation obtained insurance on the life of the Presi- dent, following which numerous de- mands were made for such policies. The Mail says that the practice’ is viewed with grave concern in ‘Washington, and that the Ameri- can ambassador has been instruct- ed to make representations to the British Government. FACES DEATH " ON SCAFFOL SAN RAFAEL, Cal. June 5.— Death on the gallows faces William Bagley, Nanaimo, B. C., bank roh- ber, who has been convicted of assaulting guards during an escape at San Quentin Prison when an- other prisoner was accidentally killed. Posse with Bloodhounds - - Hunt for Three Slayers UNDERWOOD, Indiana, June 5. —Three youths who killed a De- puty Sheriff and seriously wound- ed a policeman in a wild fight after refusing to pay for gasoline at a filling station, are being sought here today by a posse and bloodhounds. ] _TI_’rice S;es Darrow Report Confusing Political Leaders qnd Settl ing No Squabbles FEDERAL BANK INSURANGE ACT * EXTENDED HERE | ! Delegate Dimond Gets| | Amendment Adopted to ‘ Bill Expanding System (Special Correspondence).—At the instance of Delegate Dimond the | House of Representatives on May 523 adopted an amendment to the {act prolonging for one year the ! temporary plan for bank deposit | insurance which will extend that {povision of the “Banking Act of 1933" to Alaska and Hawaii. | If the amendment prevails dur-, img the forthcoming meeting be- ! tween Senate and House conferees | the deposit feature will be in ef- fect in the not distant future in those Alaska banks which choose to become members of the Federal Deposit Insurance Corporation. Two reasons impelled Mr. | mond to offer the amendment: 1. The opportunity was present- ed for inclusion of Alaska banks " WASHINGTON, D. C., May 25, Di- |uest from the British Foreign Of-' witnout the requirement of mem- {bership in the Federal Reserve System, a feature to which several; yhad strenuously objected as not! being fitted for the Territorial Banking System. | The act under consideration in- creases insurance from $2500 to $5000. If Alaska banks were not| qualified to offer this insurance,’ it was feared there would be a very substantial drift of money to banks |in the States where such protec- | tion could be had. | | No bank not a member of the | Federal Reserve System is required { to become a member of the Fed- eral Deposit Insuranc Corporation —and none can until it has un- dergone an examination—but it is ?n matter of record that more than i90 per cent of eligible banks have | joined. | Tt is said many bankers who at first felt the deposit insurance plan offered no advantages but many disadvantages have changed their minds, since money long in ) hoarding was banked once the ‘owners realized it was fully pro- ! tected. | ‘Through the efforts of Delegate Dimond, working in co-operation with the Department of Justice, an allotment of $14,000 has been ob- tained from the Public Works Ad- ministration. This money will be used in repairing federal buildings in the Third Divison. Buildings jon which work will be done include | (Chief of Bureau, The Associated By BYRON PRICE Press, Washington) The political possibilities of the| Darrow incident are so many and| varied that some of the wisest in | Washington are keeping very quiet | for the moment. | They know the picture has| changed rapidly, and may change again. The only certainty is that| the dispute over NRA is far from ended. At this stage nothing seems to have been settled, nobody seems satisfied. It is obvious that if the voters are to be asked to pass any sort of judgment during the coming campaign, the issue first must be reduced to understandable terms. The report of Mr. Darrow and his board of review is so volu- minous that comparatively few ever will read it. The NRA reply is just as long. Both are, in large part, written in the lumbering lan- guage of lawyers, and studded with technical references. The real significance of the con- troversy has been obscured further by the sandstorm of hot words and personal opinions which accom- panied report and reply. Darrow's remark that socialism is the only real solution, although not a part of the majority report, got pretty well confused with it; and the strong epithets used by General Johnson and others raised up controversies within contro- versies. ADROIT MANEUVERINGS No Angel—if, indeed, there are any angels in politics—will tread incautiously into a situation like that. Besides, the string of political disappointments which led up to the present confusion is, in itself, a warning. The story is an extraor- dinary one. Unquestionably Senators Nye and Borah, when they spoke out sev- eral weeks ago against treatment of “the little fellow” under NRA,| thought they were doing a very good thipg for themselves. Mr. Roosevelt, in turn, appeared to his friends to have taken a very neat trick when he invited Messrs. Nye and Borah to con- duct an investigation and take responsibility for recommending something better. The two sen- ators shied away very quickly. Then Nye had another happy thought. He would nominate Dar- row to do the investigating, know- ing the skill and fearlessness of the old Chicago lawyer. The Ad- ministration couldn't very well re- fuse. There were anxious weeks around NRA when it became known Dar- YOUNG SLAYER TARIFF B".l. No Payment Will Be Made On IS PASSED BY Installment Due On June 15; U.$ SENATE‘Official Note Is Made Public; |Europe Now to Oppose America Administration’s Measure Now Goes to Confer- ence with House WASHINGTON, June 5.—Great Britain dispatched a {note to the State Department late yesterday informing the United States that it has been found necessary to defer making any payment on the war debt installment due on ~ WASHINGTON, June 5. — By a1 jupe 15. The amount due is nearly $262,000,000. ;2;&,]",’1 e, R B e A few minutes before the British note was made esterday passed the Administra. 2 PSS /a8 s o tion’s reciprocal tariff bill and re- | public, L. Astrom, Finnish Minister, informed the State turned it to the House for con-|lDepartment the Finnish Government would, as usual, make ference on minor changes. full payment, in cash, of its war debt installment amounting The. bill empowers the President | to $166,538 on June 15. Great Britain has previously made to mnkc» tariff bargainings agree- | {oken payments. Rochie Wi ACRIIGE TROVDIS mitnou: | Failure to make a token payment this time is at- !tributed to the Johnson bill which held that any nation approval by the Senate. The object is to regain foreign trade lost since 'y o s . + i » |was in default if not paying the war debt installment in full. the depression. British Argument The British note said that payment in full would re- quire England to call upon her own war debtors and inti- mated such a course would upset the financial structure of Europe and the entire world and would postpone indefin- itely chance of world recovery. The note further said the British had no intention, however, of repudiating her war debt to the United States IN jAII- cELI‘faml is ready to enter a conference on debts whenever the e | President of the United States considered it expedient. Youth Who Axed MOlhel‘i Official Washington is not surprised at the arguments and Brother to Death iput forth and they are, to a large degree, reiteration of the . in De ber, 1932. Fears MeetmgFa!her ’Brlthh note in December, LOS ANGELES, Cal, June 5— | A dramatic meeting between Luclus U. S. SPRINGS SURPRISE LONDON, June 5. — The Washington Gevernment |Payne, wealthy St. Louis utilities Sprung a surprise on Great Britain by revealing the con- magnate, and his son Louis Rude tents of her default war debt note. Payne, aged 21, who confessed kill- | Up to noon today, some officials appeared still dazed ing his mother and brother, is',nq had not recovered. Some officials were perturbed that awaited by the police Who hope ;po Giate Department of the United States gave out the it may reveal the reason for the o . i axe slayings. Payne, Senior, is Dote before Chancellor of Exchequer Chamberlain had a due here today from St. Lous. jchance to place the note before the House of Commons Louis Payne trembled in his cell | Which has been the traditional policy. as he spoke of the coming meet- | Officially, however, the Government declined to discuss ing with his father. | the matter publicly. “He will ask me why I did it | A and I can't offer any explanation,” i 4810 1145 Sonh mis, | FRENU-I‘ VIEWPOINT ; ; The only reason in his 5,000-word PARIS, June 5. — French newspapers hailed Great stalement on the slayings were: Britain’s decision to suspend war debt payments to the “I just had an impulse and be- United States as proof that France has been rlgh{ all along cause of a series of little things.” in defaulting and henceforth a united Europe will oppose ‘5"“‘" :0""“5 of Mrs. Payne, aged America on the question of debts. , and Robert Payne, aged 14, | % - Werp. fObNA hacked to death last Many newspapers carr{ headlines today as follows: Sunday in the family mansion here. | “War Debts Are Dead. Louis confessed he killed his moth- | “Europe to Oppose America.” “France Right on War Debts.” er and brother on Tuesday night, | a week ago, as grievances multi- | i A & | “Great Britain Backs Up France. Be Paid.” plied that “set off a spark.” ———— JAPANESE NAVY I ITALY TO PARALLEL ENGLAND | ROME, June 5.—In semi-official ‘circles it is indicated that Italy’s action on its war debt payment to the .Umted FI RES SAI_U TE States on June 15 will parallel England and pay nothing. | ——— : STATEMENT MADE TO HOUSE OF COMMONS LONDON, June 5.—This afternoon Chancellor of Ex- | chequer Chamberlain told the House of Commons that All Vessels Join in Honor- ing Admiral Togo— Nations Cooperate No War Debts to {Great Britain would have paid at least a “token” on June ' 15 but for the fact that President Roosevelt could not guar- antee that Great Britain would not be classed a defaulter. i LOOKS LIKE A FROZEN ASSET ! WASHINGTGON, “JJune 5.—The twelve billion dollar ;h:ofi::,'e::a {,:‘;y_‘}“ilre:“;sh:fiufilwar debt Europe owes the United States became a badly 'frozen asset now. taneous salute at 8:30 o'clock this, o : 8 ; morning in honor of Marquis Ad-| Great Britain, for the first time in the proud history miral Heisachiro Togo, the Nation’s| of the Empire, decided to default. naval hero, as a state funeral lS| (Continued on Page Two) ... . = SEVEN MEMBERS REPUBLICANS DISRUPTED AT CHICAGO, Ill, June 5—With a rift developin} between the Hoover row, was going to be rough in his report. For 17 days his findings were kept very secret while the best minds of NRA prepared an answer. The senatorial critics were " (Continued on Page Three) (Continued on Page Three) recently, crushed the Russian fleet 29 years ago. American, British, French | Ttalian cruisers in Yokohama har- | bor joined in the salute. { | PLANE CARRIER 'ARE BLOWN UP CHIGAGO MEET 1 COMMISSIONED aif | MI Roadside Powder Magazine Clash Between Hooverites NORFOLK, Va, June 5—The| ' Explodes’ — Bodies | and Those Advocating airplane carrier Ranger was com-, | . missioned today at the Naval yard.| Badly Mangled New Regime The ship is the first to be de- —_— signed especially to carry aircraft,| NORMAN, Okla., June 5.—3even the others being used for Nthis members of an ol exploration| " - CTHEOR L AR Hot & new :“.m ;:e"'he United States Navy party were killed in an accidental | party regime, the Republican Na- s been converted afler €O0-| ppiosion of a road-side dynamite | tonal Committee sought to choose -— : magazine eight miles southeast of in a secret session. | here late yesterday. | The committeemen are meeting E.l-u“'n..k! Is Fel . { The bodies, badly mangled, were ina secret session. in Cook Inlet City . ..icreq over an erea 200 yards in| It 15 5aid that no action is plan- ANCHORAGE, Alaska, June 5.—| i “ned on the Alaska vacancy ‘on the o | diameter. The men were working A sharp earthquake was felt here S | National Committee caused by the last Saturday evening but no dam- oD Properties of the Standard Oll |death of Mrs. Frank I Reed, of age has been reported. Company. - Anchorage. IN WAR DEBT T0 OTHER VESSELS STILL TIED UP; VIEWS CONFLICT Dill Wires Seattle Presi- dent Will Not Inter- vene at This Time UNIONS TO VOTE ON FURTHER RELAXATION Martin S;;'S_A“ Alaska Shipping May Be Re- stored Soon No relaxation of the strike or- ders against commercial shipping to Alaska was in sight late to- day, although Gov. Clarence D, Martin, of Washington, late yester- day wired Gov. John W. Troy that “prospects were favorable for res- toration of Alaska shipping.” Development of the last 24 hours inctided: 1.—Release of several cannery ships in Puget Sound ports. 2.—Senator Dill advises Seattle interests President will not inter- vene, 3—Ryan indicates unions will agree to Government supervision of hiring hall in Seattle. 4—San Francisco unions report that strikers will not agree to any settlement that does not embrace entire coast. % 5—Fairbanks wires Gov. Troy that food §upplies there are suffi- clent for only a few days and that mining men must close down then, Cannery Ships Loading Associated Press dispatches to The Empire today said that at least five vessels, and probably oth« ers, have been released from the strike orders and are loading sup- plies. Mentioned by name are: the Otsego, owned by Libby, McNeill & Libby; Katherine D., North King and Mary D, owned by the Pacific American Fisheries, and the Mazama, ownership not known here. In addition Gilbert Skinner, President of the Alaska Pacific Salmon Corporation, announced the charter of the North Haven, for- merly the Berry L. Smith, to take a crew and supplies to Squaw Har- bor. The North King has sailed for Portland and is due to depart from there Thursday with a cargo and 500 workers. The Mary D., carry= ing no passengers, will sail short- ly from Bellingham with supplies. No sailing date was announced for the Catherine D. Dill Wires Seattle The Associated Press reported that Senator C. C. Dill had wired from Washington to the Seattle Chamber of Commerce that Presi= dent Roosevelt does not feel he can intervene 'in the strike. He prefers to leave the matter in the hands of the Mediation Board meeting in San Francisco. J. P. Ryan, President of the In- ternational Longshoremen's Asso- ciation, is in Seattle to attend a meeting of the Northwest Long- shoremen’s Strike Committee, said he believed the union would agres to a proposal for Government su- pervision of the hiring halls that might release Alaska shipping. The San Francisco district lead- ers, however, countered the sug- gestion that the strike might be broken by release of all shipping from the Columbia River to Can- ada by regional or individual agreements with the statement that the strikers would agree to no settlement that did not embrace the whole coast. Faced by these conflicting re- ports, Gov. Troy today was awalt- diate relief is had. He had before him today a tele- gram from Fairbanks declaring the situation in the interior is “acute.” The meessage declared: “This camp is in a serious predicament. It is but & few days from a short- age of meats and other necessary provisions. “If no relief is provided diately, a cessation of mining other industry is inevil 3 workers will be unable to sufficient money for the reason of the curtailment ployment. The situation is EEEEE 3 § [ acute.”