Evening Star Newspaper, October 20, 1931, Page 1

WEATHER. (U. 8. Weather B Falr and not quite ureau Forecast.) 80 cool, with Jowest temperature about 40 degrees tonight; tomorrow fair. ‘Temperatures—Hig! today. Lowest, 37, at hest, 65, at noon 6:30 a.m. today, Full report on page 5. Closing N.Y. Markets, Pages13,14 & 15 he b WITH SUNDAY MORNING -EDITION ening Sfar, Associated service. The only evening paper in Washington with the Press news Yesterday’s Circulation, 115,817 Entered as secos nost office, Wa 31,948, nd class matt er shington, C. WASHINGTON, D. C., TUESDAY, OCTOBER 20, 1931—-FORTY-FOUR PAGES. L L ) Means Assoc d Press. TWO CENTS. GEN. GLASSFORD TO TAKE OFFICE WHEN PRESENT HEAD RETIRES; STOLL AND 107 FACE MEDICAL TEST Lrosl{v Oifered Post on Tour of West. EDUCATEDIND.C. PUBLIC SCHOOLS iflle(l Artillery Unit i and Was Wounded E‘ in World War. | Brig. Gen. Pelham D. Glassford. ,:!J‘ 8. A, retired, next to the young- fiest officer of that rank to see serv- ce during the World War, will Jisucceed Maj. Henry G. Pratt as guperintendent of police, it was “dearned today. It was understood District Com- anissioner Herbert B. Crosby of- ffered the post to Gen. Glassford a fmonth ago while on his tour of the West, and that the latter ac- \ gepted conditionally. | The exact nature of the condi- i.tions imposed by Gen. Glassford i were not disclosea, but it is be- ‘lieved they related to administra- tive problems. and it is also un- gderstood that the conditions have been accepted. Gen. Glassford, who is 48 years old, is expected to take office im- mediately upon the retirement of Maj. Pratt for physical disability. He rotired from the Army on July 31 Jast and went to Phoenix, Ariz, where e has a ranch. He was approached on his ranch by Gen. Crosby with an offer | of the police post here. | | Sought More Active Work. | n. Glassford, well over 6 feet tall, | §3 of an energetic nature and is said to have retired from the Army in quuv.l of a more active occupation. | Educated in the Washington public schools, he has a deep personal inter- est in the city and believes the local police force can be made the best in the country. At present he is in Washington tpm" porarily, arranging the armistice cos- tume ball and jubilee for Veterans of Foreign Wars, to be held at the Audi- torium November 11. He is living here et the Hotel Stratford. Led Artillery Unit. Gen. Glassford saw service st the head of combat regiments and an ar- tillery brigade in France during the World War and was wounded in action a month before becoming a brigadier general at the age of 35. His notable career as a soldier in- cluded service in the Philippines, on the Mexico border during the period of the border troubles and in France. Gen. Glassford comes of a military family, He was born in New Mexico, ‘August 8, 1883, the son of Col. W. A. slassford, Army Signal Corps and the grandson of Col. S. B. Army Medical Corps, deceased, who served on the stafl of Gen. Ulysses S. Grant during the Civil War. Graduated from the United States Military Academy in June. 1904, he was ! commissioned a second lieutenant in L the Field Artillery, in which arm of the (+ service most of his military career was &pent. . His first duty was at Fort Riley, | Kans, and in his early years in the | Army he served at Camp Stotsenburg, i Philippine Islands; Fort Leavenworth, f Kans., and at the United States Mili- { tary Academy. He also served in Hawali ‘ before going to the Mexican border, | where he served with the 5th Fieid . Artillery during the border disturbances 7 of 1916. Among First in France. Gen. Glassford _was among__the earliest American Expeditionary Force « troops in Prance, going overseas in July, 1917, as a regimental adjutant. He was speedily assigned to the Saumur Artil- Jery School and soon afterward became director of the 1st Corp Artillery School In June, 1918, he assumed command of the 103rd Field Artillery on the Toul front. He led this regiment Into actioa | in the battle of Xivray-Malvoisin the day after taking command. He com- manded the same regiment in action at | the second battle of the Marne, at Chateau-Thierry and at St. Mihiel, While in action at the head of his Tegiment at Vaulx, September 17, 1918, | Col. Glassford was wounded, but was | back on duty when, a month later, he was_commissioned a brigadier general | in the National Army and appointed to | command the 51st Field Artillery Brig- | ade on the north front of Verdun. Gen. Glassford led his brigade through | the closing weeks of the war and until | February, 1919, when he was trans- ferred to command the 152d Field Ar- | tillery Brigade, with which he returned | to the United States in April of that | year. , retired, Davis, Instructed at War College. Upon arrival in the United States, | Gen. Glassford was sent to the War | Department, where he served for a few months. He then went as an instructor to the General Service School, Fort Teavenworth, Kans. So capable did he prove as an instructor that he was re- turned to Washington for duty as an instructor at the Army War College. Back on fleld duty once more, Gen. Glassford served at the Artillery School, Fort Sill, Okla. He again was returned +6 Washington for duty on the War De- partment general stafl as chief of the mobilization division, a post of great importance, which he held until July 31, 1931, when, at his own request, he was placed on the retired list after more than 30 years of service. At the time of his retirement he held the grade of lieutenant colonel in the Regular Army, but in conformity with the act of Congress of June 21, 1930, he now holds the rank of brigadier gen- eral on the retired list. Gen. Glassford holds the Silver Star citation for personal gallantry in action in the World War and also the Distin- guished Service Medal “for exceptionally meritorious and distinguished services"” with the American Expeditionary Forces in the Chateau-Thierry and other campaigns. MAJ. HENRY G. PRATT. ~—Harris-Ewing Photo. INSPECTOR LOUIS J. STOLL. BOY, 19, 1S KILLED DOOLITTLE RACES FORBANDI SLAYING Son of Banker Is Kidnaped by Quartet in Hold-up. Cashier Wounded. By the Associated Press. MENOMONIE, Wis., October 20.—An assistant cashier and a robber were kill- ed today as four machine gun raiders | looted the Kraft State Bank of an un- determined amount of money. James Kraft, 19, son of W. F. Kraft, | president of the bank. was kidnaped and slain by the bandits, while W. R. Kraft, 22, another son, was wounded, perhaps seriously, because he failed to point out where more money Wwas. The robber was killed by shots fired at the car in which the quartet sped OVER GALVESTON Former Army Flyer Sets Ter- | rific Pace After Brief Stop 1 at Washington. | CORPUS CHRISTI, Tex., October 20 (#).—Maj. James H. Doolittle, at- tempting a dawn-to-dusk flight from Ottawa, Ontario, to Mexico City via Washington, landed hereat 1:10 p.m. (central standard time) tod By the Assoclated Pres; GALVESTON, Tex. October 20.— | Mai. James H. Doolittle, on a dawn-to- dusk flight from Ottawa to Mexico City, passed about 2 miles north of Galveston at 12:03 pm. today (C. S. T.). He was flying at high speed at an altitude of about 2,500 feet. out of town after spraying the street | near the bank with machine gun bullets. Bank officials said a hurried check indicated tlie robbers took about $10,000 after overpowering 16 persons in the bank, including six customers. The bodies of James Krafi and the bandit were found on the highway six miles from here by possemen who fol- lowed the raiders out of town. ‘The younger Kraft had been shot. Officers believed he was slain in reprisal | after pursuers’ bullets killed their com- panion James Kraft, at work with his brother, was not missed until after the bandits fled. . The latter were forced to hurry because Vernon Townsend, bank guard, set off a burglar alarm and began firing at the waiting car, where | one man sat with a machine gun. Officers beileve Kraft was kidnaped in the belief having him would prevent pursuers from firing and make pos- sible a safe escape. dumping the two bodies from their car, continued to flee. W. R. Kraft was shot in the side as he lay on the floor. The leader of the raiders, refusing to accept his word they had all the cash, cursed and threatened him and then fired point-| blank at the prostrated man. Physi- cians believed Kraft’s lung may have been punctured. As the car.sped away one occupant was heard to cry that he was shot Edward Trinko, who fired six shots, said he broke a window in the rear. Officers said the manner in which the | bandit was wounded indicated he was the one shot as the car fled, while | James Kraft was slain later by the thugs. Mine Fatalities Reach 12. HERNE, Westphal Germany, Oc- tober 20 (#).—The death of three per- sons last night of those injured in yes brought the total number of fatalities :/io 12. Four others are not expected to ve, ‘The robbers, l".!l" LANDS AT BIRMINGHAM. Doolittle Flies From Washington in 5 Hours, 24 Minutes. BIRMINGHAM., Ala.. October 20 (#). —Maj. James H. Doolittle landed here “at 9:20 am. (C. T.) and took off again seven minutes later. He covered approximately 640 miles from Washington to Birmingham in 2 hours and 59 minutes. ‘When he reached here Maj. Doolittle had covered 1,092 miles of his 2,500- mile flight in 5 hours and 24 minutes. STOPS AT WASHINGTON. Speeding at a 3-mile-a-minute clip on his one-day, three-capital flight. Maj. James H. Doolittle landed here from Ottawa this morning, refueled and took off again less than half an heur | later. Bolling Field was so thickly blanketed with fog that the intrepid former Army fiyer. after circling it several times, instead. He brought his speedy Laird Solu- tion monoplane to earth shortly after 7 o'clock and soared away again at 7:28, headed for Birmingham, Ala. Doolittle covered the 462 miles be- tween Ottawa and Washington in 2 hours and 20 mintes—at a speed of 198 miles an hour. stopped turning before he let loose a stream of profanity, occasioned by his inability to penetrate the fog and land at Bolling, where everything had been made ready for him. Doolittle had chosen the Army fleld, acrcss the river from Washington- Hoover airport, because of the greater les of the runway there, His plane 1a t a of 150 miles an hour, | requ an unusually long run. He terday's mine explosion at Mont cenls’ S e made a ect landing ay the commer- cial field, however, coming in “like & kvrocket going the wrong way,” as cne « fiid ati-nd:nt put it. Janded at Washington-Hoover Airport |), Hardly had the wheels of his ship | T‘Brow;, Héadley " and Bean Also 'OTHER RANKING OFFICERS LISTED (Chief’s Retirement Is Recommended by Board. Retirement of Maj. Henry G Pratt, superintendent of police for physical aisability is under- | stood to have been the recom- mendation today of a medical board which examined the police chief and submitted a special re- port to the District Commissioners. ‘The Commissioners immediately convened in special session to con- sider the recommendation. They statement later this afternoon. | Meanwhile the retirement and relief board was called into ses- sion at 2:30 to act on the samo! report. If approved by the re- | tirement board the report was | i ! | expected to be acted on imme- diately by the Commissioners. Maj. Pratt was one of more than 100 members of the force to | be examined for physical dis- ! ability. | Maj. Pratt, it is reported, willi be retired shortly for defective| eyesight, and Inspector Stoll |is expected to be relieved because of age. ! Maj. Pratt, it is believed. wemi | before the board of surgeons oll his own volition. He has wanted to leave the Police Department | for some time, it was pointed out. but had hoped to remain with | the department until he could be retired for age. Eye trouble, how- | ever, is supposed to have led him to choose the opportunity to sub- | mit himself for a physical exam- ination, in the belief that the board might find him incapaci- | tated for further duty. The Board of Police ana Fire Surgeons convened today at No. 23 engine house to begin its sweep- ing examinations. Maj. Pratt and a grou&' of inspectors, including ‘Emest . Brown, assistant super- |intendent of police; Albert J | Headley and addeus A. Bean | ‘were among those slated for ex-; amination first. | Pratt was one of the first to ap- pear. His examination was con-| cluded in about 10 minutes. About 107 members of the ae- partment who have attained the retirement-eligibility age of 55 | years have been ordered to ap- ar before the board of surgeons ?re:cluded in the list are many of the high-ranking officers of the department, from lieutenants up Others Before Board. ! The police officers, beside Maj. Pratt, | | who appeared before the examining | board today were: { | " Inspector E. W. Brown, superintendent. | Inspector T. A. Bean, chief of the ! liquor squad. Capt. J. E. Wilson, Capt. W. E. Holmes and Capt. M. L. Raedy: Lieuts. D. J. Cullinane. W. O. Embrey. J. E. Bobo, Gustav Lauten, J. T. Wittstatt and A. W. Guyer. Detective Sergts. Eugene Davis, John Foley and Charles Mullen. Sergt. Willlam MacDonald. Thomas McNamara, George M. Little, Buell Stanley, J. S. Johnston, C. R. Brown and T. T. Dalhouse. ! Action Held Significant. { The general examination of all police- | men who are 55 or over is sald to be | | “routine procedure,” but in view of per- | sistent rumors, which have been freely discussed in_police circles since the framing of the Department of Justice | report on police conditions in general based on specific brutality cases, par- ticular significance was attached to the proceedings. Maj. Prait has been examined twice before by the Medical Board and found . fit for duty, despite defective vision. Action of the examining board fol- | lows closely decision of the surgeons last week to recommend the retirement | for physical disability of Inspector Wil- liam S. Shelby, assistant superintend- | |ent of police. Shelby, victim of aj nervous disorder attributed to overwork, is to retire November 1. Maj. Pratt is 58 years old and he has been a member of the police force for 35 years” Under retirement procedure, a member of the force is eligible for | retirement benefits if ke is 55, bad | been in the service 25 years and is physically incapable of continuing his | duties. |~ Inspector Stoll, under the retirement may be retired without physical cau: is 61 years old. Under the! | (Continued on Page 2, Column 2) | assistant | | | ARREST FOUR IN STRIKE | eomme— Police Charge Attempt to Intimi- date Returning Tetxile Workers. i LAWRENCE, Mass., October 20 (#).— Four arrests were made today in the textile strike here as a great majority of the 22,000 striking operatives con- | tinued in their refusal to return to work under a 10 per cent wage cut. The arrests were the result of alleged attempts by strikers to intimidate three of the few workers who went into the At one mill a group of children augmented the strikers picket lines, singing songs and ing word or en- couragement to the er marchers. | INCLUDES REALTY AND RAIL CREDITS Revision of Anti-Trust Laws Sought to Curb Waste in Overproduction. BY DAVID LAWRENCE. A survey today indicates that within the next 60 days the reconstruction pro- gram of the Government may be ex- pected to be fully established. It con- templates an upbuilding of confidence through a series of definite steps look- ing not merely to the financing of the debts of the depression through credits, but the stimulation of basic industries The Government's plans include the following First, the National Credit Corporation with its $500,000 to a $1,000,000 of cred- its already announced. Second, a real estate mortgage pool to ald in financing of home ownership and the improvement of the real estate security situation through a system of rediscounis. ‘Would Provide Rail Credit. Third, & program of financing for the railroads s0 &s to provide them with credit for refunding &nd other purposes during 1932, This and the real estate pool may be combined in a single credit corporation to be set up by Congress and financed through the sale of the bonds of a Government corporation somewhat on the order of the Federal Land Bank system. Fourth, an agreement between the Bank of France and the Federal Re- serve System, forstered by President Hoover and Premier Laval, to bring about orderly redistribution of gold and the maintenance of the gold standard. Fifth, a proclaimed understanding between France and the United States which will assure the world, and ticularly Europe, that the United States will consult with other powers in the event of the Kellogg-Briand pact being violated, and will agree not to aid the | aggressor nation. Seeks Anti-Trust Law Revision. Sixth, a revislon of the anti-trust laws 80 that industries growing out of natural resources my be permitted to curtail production to avoid wasteful overproduction, Leaders in Congress are expected to sponsor Lhis change as an_emergency measure, Seventh, legislation to permit the controller of the currency to use a re- volving fund of $150,000,000 in arrang- ing to pay depositors of closed banks immediately as much of their deposits | as may be justified by an examination of sound assets, thus reducing the hard- ships to business and individuals in areas affected. Eighth, co-ordination of State and local agencies engaged in 1aising funds to care for unemployed and others in distress. This already is in operation through the President’s committee headed by Walter S. Gifford, but is an essential part of the whole program. Truce in Congress Hoped F Much depends, of course, in the fore- going steps, on what Congress will do. but the intention is for the President to recommend to Congress in December 85 | much of his reconstruction plan as re- quires legislation immediately and ask both houses to act within two weeks after the session has begun, so that ac- tion may be promptly assured. In normal times a virtual tie in the House of Representatives might delay organization, but with the pressure of | public opinion against unnecessary de- lays in a national emergency it is likely | that the very fact that an emergency relief program must be passed before the holiday recess will bring about a truce between the political parties, at| pistol, hitting one man and terrorizing had forced his way at pistol point least for organization purposes. The Senate also is likely to have diffi- culties in organization unless the two parties work together. During the last few months the President has sum- moned the Democratic and Republican leaders to the White House so as to get bipartisan support for the German debt extension and his financial relief meas- ures. Similar steps may be taken before the December session begins so that the American people may be assured by Christmas time that their Government has done everything possible to expedite & return to economic equilibrium. Radio l’rqm-'s on Page C-4 Hiker Loses Life In Defying Perils Of Arid Wastes he Associated Press. RIVERSIDE, Calif., October 20. ‘The desert has claimed the life of John W. Henry. 69, of Chari- ton, Towa., who defied its dangers as & hitch-hiker on several trips between his home and California in the last eight years. Henry died of thirst. Coroner Ben F. White announced today @ body found in an isolated region 27 iniles trom Biythe, Calif., Oc- tober 5 had been identified as that of the Iowan. In one of the man's shoes the officers found a note which said he had been without water for three days. “I am dying.” the note ended Coroner White sald Henry had been a wanderer since the death ot his wife in 1923. HAN SAYS SSTER ADNITS SLAYINGS Two Dismembered Bodies Discovered in Trunks. Woman Is Sought. By S By the Associated Press. LOS ANGELES, October 20.—An admission that his sister had confessed to him the killing of two companions in Pheonix, Ariz, was made today to the Assoclated Press by B. J. McKin- nell, Los Angeles university student, and brother of the suspected slayer. Mrs. Winnie Ruth Judd. McKinnell made & positive statement after a series of reports had been eirculated in which police denied the young man's al- leged statement, Stopping in a corridor of the homi- cide bureau of the Police Department as detectives took him to breakfast McKinnell told his version of the dis covery of the bodies of Mrs. Agne: Leroi ard Miss Hedvig Semuelson, em- | ployes of a Phoenix. Ariz. clinic, in two trunks and a valise at a railroad station here yesterday. Called for Trunks and Bodies. A ge master, who saw blood seeping from one trunk, demanded that it be opened. Mrs, Judd, who had ar- rived in Los Angeies a short time be- fore on another train. came to the sta- tion with McKinneil to claim the | baggage. | She told the agent that she did not | have the keys and would get them. The | suspicion of the agent led him to note | the license number of McKinnell's wu- tomobile and the student was srrested. Knew Contents, He Says. “I knew what was.in those trunks” the young man sald. “She told me. I/ can't understand why she did it. I| drove her to Sixth and Broadway and she got out. 1 gave her $5 and she disappeared in the street crowds.” Dr. W. C. Judd, husband of the wom- an, who appeared calm and composed under the grilling of detectives and who | ntinued on Page 2, Column 4) | 'MAN RUNS AMUCK, SHOOTING ONE| AND TERRORIZING PEDESTRIANS | | Paroled Inmate of St. Elizabeth’s Captured by Police Near | | Running amuck on Eighteenth street near Columbia road shortly after noon | today, a paroled inmate of St. Eliza- | beth's Hospital fired three shots from a | pedestrians before he was captured. | , The captured man is John A. Eaton. 29 years old, of 1803 Biltmore street. | He had been paroled in custody of his | | father and was due to be returned to | the hospital today, police said. H ‘The man hit by one of Eaton's, bul- lets was illlam 8. Brusick, resident| manager of the Devonshire Court Apartments, 5100 block of Wisconsin avenue. 3 The bullet blazed through Brusick's | clothes, blit he escaped injury. Brusik | told police the man pressed the pistol against his side and pulled the trigger three times. The pistol fired only once. the bullet tearing away part je and his clothing. Eaton however, of his . Mile. Jose. his daughter, took time out | Eighteenth Street and Columbia Road. | | tic and fo transaction: TR e LAVAL MAKES TWO PLANS T0 DISCUSS WITHHOOVER HERE Financial and Political Prob- lems Understood Separated by French Premier. By thy Associajed Press. 8. 8. ILE DE FRANCE. En Route to New York, October 20.—Premier Pierre Laval of France had in hix pocket to- day two plans for discussion with Presi- dent Hoover when he reaches Wash ington. Although he would not discuss them, t was learned they were prepared in “ollaboration with his experts and that they are outlined In such a way as to embrace both minimum and maximum possibilities for Franco-American action. Financial and political proposals have | not been coupled together, it was un- derstood, but are intended for consid- eration separately. These have been based upon data provided by an ex- | tensive collection of statistics collected by the French experts for use by the | premier in his talks with the President. | It was emphasized that M. Laval is | going to Washington with an open | mind. but keeping before him his duty | to France. i from her secretarial duties 1o her father | today to play some deck tennis. The voung lady will go with the premier from New York by special train to| Washington. She will be accompanied by Mile. Reine Claudel, daughter of the French Ambassador. SECURITY REMAINS ISSUE. Dispatch Says Laval Will Sacrifice Noth- | ing on That Line in Washington. | PARIS, October 20 (#.—The corre- spondent of the Havas Agency on the liner Ile de France said in a radio mes- sage received this morning that Premier Laval is determined to sacrifice nothing to the national security in discussions of disarmament, but that the position of France is unchanged and that the policy adopted is that she is ready to reduce armaments further in exchange for agreements for mutual assistance in! case of & war of aggression. Prance, the message said. sees no link between the national security and debts and reparations and the premier | will_support any proposal which safe- | guards, at deast partially, what France | considers her right to reparations pay- ments. It was pointed out, however, that these might be paid in kind. thus helping to reduce unemployment in Germany snd France by making pos- | sible the extensive public construction | programs recently approved by the ! French- government. “By these means.” it said, “short- term credits now frozen in Germany could be repatriated more easil France and the United States, it con- cluded, will study means fo the de- | fense of the gold standard, “which is | indispensable for a sane monetary system.” captured by Policemen F. J. Hack | nd Thomas Heide of No. 2 precinct. | They sald the man’s pockets were filled with ammunition. Just before running amuck, Eaton was into the apartment of Mrs. Minnie Nelson, on the eighth floor of the apart- ment house at 1803 Biltmore street. Police said she was uninjured and Eaton did not attempt to rob her. Asked to explain his motive, Eaton said he did not want to be returned to St. Elizabeth's. He had been con- fined thére a year, he said. Headguarters detectives said Eaton charged with assault with intent to kill. ‘'When we saw the man,” said Po- liceman Heide, “be was running along | sor, | was reported rallying troops at Pan- | shanhsien. X-ARMY OFFICER TO REPLACE MAJ. PRATT NEW INDEPENDENCE PLOT IN MANCHURI2 HEADED BY CHINESE GENERAL REPORTED Observers Profess to Sec Hand of Tokio Militarists Seeking Domination With- out Resorting to Force. BRIAND 'TRADER'_S' PLAN IS OUTLINED AT GENEVA Japan and China Represented as | Being More Anxious Than Ever for Early Settlement—U. 8§ Gratified by Withdrawal of Ob- jection to Participation in Parley. By the Associated Press Launching of a virile movement for Manchurian independence ‘lrom China was reported through |Japanese sources today, shortly after Japan had shown a more conciliatory attitude at Geneva where the League of Nations als- cussed the Sino-Japanese contro- versy. The independence move also followed Japan's withdrawal of objections to. American partici- \pal{on in the Genéva discussions i seeking to bring about a peaceful ‘semement of the dispute between \Chlna and Japan over the latter’ joccupation of Southern Man- | churia. Observers professed to see in {various independence movements !the hand of Tapanese militarists land imperialists seeking Japanese {aomination of Manchuria without ':resm'ting to military force. The ! movement was headed by a Chi- nese general. however. At Geneva Aristide Briand's trader’s proposal” for Orienta! | peace was set forth as a possible basis for negotiations and both i principals were represented as be- ing more anxious than ever for an early settlement. NEW SEPARATIST MOVE. 60,000 Troops Under Gen. Ling Re- ported Massed Agalnst Chang. TOKIO. October 20 (#)—The latest and apparently most ambitious of 2 series of “independence” movement by Chinese in Manchuria seeking sep- aration of that domain from China as an outgrowth of the Sino-Japanese controversy was Teported in press dis- patches from Mukden today. Gen. Ling In-Ching, former ally of the Manchu dynasty and now described as “former pacification commissioner of the three northwestern provinces.’ was named as the head of the mew movement Long-standing_enemy of Chang Tso- Lin. the late Manchurian war lorc and Chang Tso-Lin's son and succes- Chang Hsueh-Liang. Gen. Ling Rengo News Agency (Japanese) said 60,000 already had been mustered and the force was being enlarged for tie avowed purpose of establishing a Man- churian_ regime to displace that of Chang Hsueh-Liang. Rengo reported significantly tha! Ling In-Ching's army began movin: this morning “in a certain direction.” understood to be toward Chinchow where the remnants of Chang Hsueh- Liang’s former Mukden government ha been attempting to function. Many of the independence report have lacked any subsiantial basis, bu in them authoritative cbservers pro- (Continued on Page 5, Column 1.) SECURITIES MARKET IS SHARPLY HIGHER Stocks and Bonds Push Forward Confidently on Active Buy- ing Movement. y the Assoclated Press NEW YORK. October 20.—Securiti markets pushed forward confident again today, overcoming the hesitan: of the past two sessions. The bond market was the stronge:t in several days. The United State: Government issues were in demand and the Japanese issues. which broke sharp- Iy yesterday, quickly recovered. In shares, advances of '$2 1o $6 were numerous and trading was in substan- tial volume. For a time the ticker wa: unable to keep up with transactions. Good buying was said in brokerage cles 10 be coming from both domes- ign sources. The odd lot were in such volume as to indicate renewed interest on the part of small investor: Banking circles were impressed witia the signs of renewed confidence in America abroad, particularly as indi- cated by purchases of American bank- ers' acceptances by the Sank of France. Prominent international bankers saic they were unconcerned over the Bans of France's request for higher intevest on deposits here. It was explained that there was virtually no likelihcod that the request would ve granted, as it might set a bad precedent, and as the | French funds were not needed here. The present rate paid by the clearing house banks on foreign deposits is 11, |per cent, against 1 to 1'. per cent on ' domestic commercial and banking de- posits, Before the World War, when é | Columbia road with a pistol in his hand. We told him that if he dida‘t put the gun down we'q kill him. He submitted peacefully that threat.” New York was dependent to s consid- erable degree upon foreign funds, there was a_tendency to give foreign banks ‘hat better terms,