Evening Star Newspaper, February 20, 1932, Page 1

WEATHER. (U. 8. Weather Bureau Porecast.) Fair, colder tonight, minimum temper- ature about 22 degrees; tomorrow partly The only evening paper in Washington with the Associated Press news 4 cloudy, slowly rising ‘Temperatures—] yesterday; lowest, 32, temperature. Highest, 48, at 4:15p.m. m. today. at 7:3 Full report on page 16. Closing N. Y. Markets, Pages 14 and 15 he b WITH SUNDAY MORNING EDITION No. 32,071 post office, Fntered as second class matt. Washington, er D. C. WASHINGTON, D. C, SATURDAY, FEBRU ARY 20, service. ening Sfaf, == Yesterday's Circulation, 124,530 1932—TWENTY-EIGHT PAGES. #*x UP) Means Associated TWO CENTS. Press. FURIOUS FIGHTING FAILS TO ROUT CHINESE CHIANG’S TROOPS RESIST BITTER ATTACK AS BOTH ARMIES CLAIM VIC Forces of Tokio Gain Slowly in Kiangwan. BATTLE BIGGEST FOUGHT SINCE 18 Visiting Fleet Struck | by Defense Guns | From Shore. BHANGHAI (Sunday), Febru- ary 21 (®.—Pounded all day long by Japan's big guns, the Chinese reserve lines were weakened early this morning as Japanese infantry began a frontal and flanking movement against the front line in the Chapei sector. — | (Copyright, 1932, by the Associated Press.) SHANGHAI, China, February 20. —Ljeut. Gen. Kenkichi Uyeda’'s snappy war machine bloodily pounded its way inch by inch through stubbornly resisting Chi- nese lines at Kiangwan today in | the most terrific battle the wofld} has seen since the Great War on | the opening day of a renewed onslaught upon Shanghai. The earth literally shook and shivered with the terrible fury of the Japanese attack. Dozens of roaring airplanes rained showers of the most powerful bombs upon | the well covered Chinese trench- es. Heavy artillery and big guns from the warships in the river laid down a red tempest of death and fire along a 16-mile front from Chapei to Woosung. Steel-helmeted rows of Japa- nese shock troops, with sharp and glistening bayonets, followed the powerful artillery barrage, aided by a fleet of tanks which nosed their way stubbornly across the marshy battleground. Chiang’s Troops in Fight. It was only a short time until the | ambulances began pushing to the hos- | pitals carrying wounded of both sides. In the Kiangwan sector, where the Japanese tried desperately to puncture the zig-zag Chinese line, defended by two divisions of the crack troops of Gen. Chiang Kai-Shek, former Chinese Presi- dent, the fighting was most severe. The Japanese threw their heaviest attack against this center, hoping to split the Chinese line and envelop both of its ends at Chapei and Woosung. Japanese naval officlals announced shortly after noon that the Japanese had taken Kiangwan, but the Chinese immediately denied it, declaring they | had pushed the Japanese back and overcome a fleet of thelr tanks with a hand grenade barrage putting one of the tanks out of commission. Later in the day it appeared to ob- servers that the Japanese were making a slow advance, with every inch of it disputed by a stubborn Chinese resist- ance. The Japanese said Chinese artil- | lery shells struck one of thelr destroyers | in the river, wounding & captain and | five men. International Zone Hit. Pive shells fell in the International Settlement, landing in the area pa- trolled by the United States Marines, narrowly missing the Marines’ billets and greatly endangering their position. Three Chinese were fatally wounded and others less seriously hurt by these shells. The shells were believed to have come from a Chinese battery in Chapel. The battle began at 8:50 a.m., 1 hour and 50 minutes after the Japanese ul- timatum expired. With the zero hour, Japanese airplanes swooped over the well-covered chinesc “Hindenburg” line, releasing tons of high explosive bombs on the Chinese defenses. They were fol- lowed by a tremendous burst of heavy artillery fire and screeching shells churned the Chinese positions, covering them with clouds of smoke and dust. Japanese naval authorities said both sides had suffered heavy casualties at Kiangwan, but that no figures were available. Woosung Village was set afire by the bombardment of Japanese destroyers. A cloud of dense smoke poured forth from the town and several fires also could be seen in the Kiangwan dis- trict and the areas to the south of it, nearly as far as Chapel. Late in the afternoon Japan's aerial bombers increased the intensity of their attack upon the area west of Kiangwan. Reports said they were using the most | powerful bombs in a desperate effort to blast the Chinese from the compli- cated network of trenches extending in vigzag fashion to the north and to the south of that point. The two divisions of Gen. Chiang Kai-Shek's army were understood, however, to be putting up the stoutest resistance. The rear of the Japanese lines was s beehive of activity. Heavily loaded trucks rushed small arms and ammu- nivion to the front, while the Japanese guns near Hongkew Park thundered salvoes into Kiangwan and Chapel. The first batch of wounded to be brought back from the front were 13 Chinese who were taken into hospitals within the International Settlement. ‘They came from the section of the an, north of Chapel. United States Marines on guard at the settle- _ment border, let them through the line. By noon, the Japanese casualties be- gan arriving st the base hospitals in the Hongkew area. Twenty wounded were unloaded from two trucks. Huge clouds of smoke engulfed the Kisnkwan area. Many of the fires | ¢ nerth of Chapel were believed to have (Confiqued on Ppet 3 Qoliun 23 Orientals Seated Together as League Hears Minor Dispute By the Associated Press. GENEVA, February 20.—While their _country’s guns roared in the Far East the Chinese and Japanese delegates to the League of Nations Council sat calmly to- gether at the Council table today, trying to settle another minor in- ternational dispute—that between Germany and Lithuania over the city of Memel. They listened impersonally to arguments by Herr Von Buelow of Germany and Foreign Minister Zaunias of Lithuania and received a report from the Judicial Com- mittee that the question of Lith- uania’s action and the arrest of the director general of Memel, Herr Otto Boettcher, should be referred to the Permanent Court of International Justice at The e. LS WILFLOT ANTHHOARDBONDS Others to Be in $100 and $500 Denominations—1 1-2 Per Cent Rate Likely. In connection with the campaign in- itiated by the President to put idle money to work, the Treasury Depart- ment will offer a special Treasury cer- tificate about March 7 in small denom- inations of $50, $100 and $500, it was announced last night by Secretary of the Treasury Mills. The certificates will be in coupon form only. The. interest rate will be announced at the time of the formal offering, but in all probability will be in line with the current yield on 60-day Government obligations, and not less than 175 per cent. The certificates probably will have a maturity of one year, and will be re- deemable upon 60 days’ notice by the holders. ‘The certificates will be available to purchasers through the banks. The banks, in turn, can, if they so desire, obtain the certificates through the so- called “war loan deposit account” with the Federal Reserve banks. Under the | well established war-loan deposit system banks may subscribe for Government obligations and pay for them by means of a deposit to the credit of the Federal Reserve banks as fiscal agents of the United States. Inasmuch as payment by means of this method is in the form of credit, should funds for the purchase of cer- tificates be withdrawn by depositors of the subscribing bank they will auto- matically be replaced by a Government deposit, which will remain with the bank until called for by the Treasury. Should the certificates be purchased with currency held outside of banks the banks receiving the subscriptions will gain the cash deposited by the sub- scriber, while they may pay for the certificates delivered to the subscriber by means of a deposit credit for the account of the Government. ‘Those banks which are not at present designated to act as war loan deposi- tories may, upon complying with the Treasury regulations, obtain a deposi- tary designation. The offering of these special certifi- cates will be entirely independent of the Treasury's March financing pro- gram. \PRESIDENT WILL SIT IN WASHINGTON’S PEW Mrs. Hoover to Accompany Him to Christ Church in Alexandria Tomorrow. President Hoover will attend re- liglous services tomorrow at CI Church in Alexandria, when he will occupy the pew used for so many years by George Washington and members of _his household. Mrs. Hoover will accompany the President. They will motor to Alexan- dria and following the services will re- turn directly to the White House. ‘The sermon _tomorrow will be preached by Rev. Willlam Jackson Mor- ton, who has been pastor of the his- toric church for many years. As a tribute to George Washington, the members of the George Washington So‘giety of Alexandria will attend the service. Ex-Kaiserin's Sister Dead. ERDE, Germany, Feb- ruary 20 (#).—Princess Karoline Ma- thilde von Schleswig Holstein, sister of the late German Kaiserin Augusta, died at Gruenholz Castle today, aged 72. TORY Special Session of League Is Summoned. REPLY OF SATO TO YEN JEERED |Assembly to Meet March 3 After Pleas Fail. By the Associated Press. GENEVA, February 20—An extraordinary session of the League of Nations Assembly—the | second in its 13 years of exist- ence—was summoned last night for March 3 to adjudicate China’s case against Japan. | Chairman Joseph Paul-Boncour of the Council made a final ap- peal to the two nations to avert impending hostilities at Shang- ‘hai and announced the Assembly would be convoked ‘“because China has requested it and not because of the impotence of the | Council.” One delegate after an- other then adjured Japan to postpone the execution of the ul- | timatum. The Council acted on the peti- tion of Dr. W. W. Yen, Chinese delegate, and in the face of pro- tests by the Japanese spokesman, Naokate Sato, after deciding that | Japan’s legal objections to the meeting were invalid. The Amer- ican Government was immedi- ately informed of the develop- | ment. | Full Attendance Assured. The Assembly is assured of a com- plete attendance in view of the presence |of the delegations of more than 50 | nations at the World Disarmament Con- ference. The body has not convened since its regular session last September. Large-scale military operations at | Shanghai and the establishment of the | independent state of Ankuo, in Man- churia, lent added importance to the meeting and observers expected impor- tant developments to grow out of it. An acrimonious debate between the Chinese and Japanese spokesmen pre- ceded the Council’s move. Dr. Yen as- serted that a state of open war existed at Shanghai, with Japan taking the offensive, and his opponent replied that the Assembly could not settle the con- flict. “We are on the eve of a battle in which 100,000 men will participate,” (Continued on Page 4, Column 1) CAMPBELL IS PREPARED | FOR RECORD RUN TODAY English Speed King Tests Course at Daytona Beach Ready for Official Dash. By the Assoclated Press. DAYTONA BEACH, Fla., February 20—Sir Malcolm Campbell drove & stock car 85 miles an hour over the beach track here before dawn today to test the course and said he might make an official attempt to break his own automobile speed record of 245 miles an_hour today. The beach improved greatly last night his racer and the Englishman ordert brought on the sands. He said he would hrist | make a series of test runs and pondbg an attempt to establish another recor Officials of the American Automobile | Association, under whose sanction the trials will be held, ordered all necessary machinery set up for handling the run. Timing devices wers set up to clock the car over distances of the kilometer, one mile, five kilometers and five 3 A 'strong northeast wind whipped the tide over the beach earry today and ironed out the wrinkles, Campbell drove his private automobile over the course at low tide and said the beach was in good shape. Wife of Einstein IlL PASADENA, Calif., February 20 (#).— Frau Elsa Einstein, wife of Dr. Albert Einstein, German physicist, who is visit- at the California Institute of Tech- nology, is confined to her quarters at the Institute with influenza. Her con- dition is said not to be serious. ;WORKER BURIED IN QUARRY SLIDE |¥- €. Browne Leaves Floyd Bennett DUG OUT ALIVE AFTER 10 HOURS Wife and Children Among Crowd at Pit as Rescuers Toi in Near-Zero Weather. By the Associated Press. AFTON, Mich, February 20.—Amie Brasseur, 35-year-old quarry worker, was apparently without permanent in- | juries today although he was buried for nearly 10 hours yesterday afternoon and last night by a limestone slide in Afton Quarty. He was not extricated until shortly before midnight, but through the long night he was able to talk with his res- cuers and take stimtlants and light lood. His chief complaint was of the cold. Even after his head uncovered, he was unable to move and the tempera- ture was around 10 above zero. He was buried beneath 10 feet of crushed limestone when the slide oc- curred as he was at the bottom of a to-q!“oot funnelk-lhlped pit. b. ol arry workers, augmen y vol- unteer aides, worked frantically to re- lJease him. When they reached him they discovered that the rock had formed an arch which left for life-sustaining air Infl'.hll“d i ‘The distance from Old Orchard to DU(\O CR‘\T/C INATIONAL Comm TEE GLASSFORD “SENTENCES" DOZEN PANHANDLERS TO WOODYARD Sits in Judgment at Midnight “Court” on | 20 Arrested in Un}xeraldgd Round- Up to Stop Begging. Much against their will, a dozen men swung axes today at the municipal woodyard—panhandlers sent there as a result of a sudden round-up of street beggars last night by Police Chief Pel- ham D. Glassford. ‘Three others meditated on the vicissi- tudes of life from police station cells, to which they were sent by Glassford. who ordered them brought into Police | Court today on vagrancy chlr’u. Holding ‘“court” at midnight in a| third-fioor squad room: .at police :rnnen, the police chief considered in- ividually the cases of 20 panhandlers | arrested yesterday afternoon and last | night in the unheralded drive to clear Capital streets of mendicants. Decision to make the drive was reached as a result of conferences be- tween Glassford and officials of the Community Chest and other organiza- tions. Hereafter, Glassford said, the Police Department will co-operate “to the fullest extent possible” with the Community Chest. “Each precinct will keep records of all charity cases in their territory, and as new ones appear see to it that they are cared for,” he said. “If Community Chest money is not available at once, Police Department money will be used whether it is paid back or not.” Records of the panhandlers arrested yesterday are to be kept in a special file at police headquarters, Glassford announced, and hereafter new arrests will be checked with records to see “if there are any repeaters.”_This file will (Continued on Page 2, Column 8.) RAL PURGHAES SEED RECOVERY Outlay of $1,000,000,000 for Supplies Alone Will Quicken General Business. Special Dispatch to The Star. CHICAGO, February 20 (N.AN.A).— Rallroads will set the pace this year as the Nation's industries warm into cir- | tures were approved today by a House | culation the currency which has been | frozen by a year of doubt and uncer- tainty. Their preliminary budgets in- dicate purchases of nearly $1,000,000,- | 000 worth of supplies, an increase of several hundred millions over last year. | This does not include the much larger | sum which the roads spend for their | own operation, but is what will go to other industries. It means smoke com- ing from steel mill stacks which have | been cold, more machines busy in hun- dreds of shops, more mines working and more cargoes for ships and rail and more business for supply houses and | stores in cities and villages. Much More in Wages. Nor does this include more millions which the roads will spend for wages and increased employment—a few in this small town and a few in another making a great total for the country, all of which will be needed along thou- sands of miles of railroad to fit these new purchases into shape. Just as the rails spread like steel arteries across the country, the throb of new activities by the railroads will reach to A!;;ry cm;.h and oh'n:uez. as e roads perk up, with shabby equipment in brighter colors and (Continued on Page 2, Column 7.) FLYER POISED T0 HOP FOR BUENOS AIRES Field Today for Old Orchard, Me. By the Assoclated Press. NEW YORK, February 20.—With fa- vorable weather conditions, N. C. Browne, former Army fiyer, was ex- pected to take off in his monoplane to- day from Floyd Bennett Field for Old Orchard, Me., the starting point of his planned non-stop flight to Buenos Afres. Browne aims to break the long-dis- Russell Boardman and John Polando, who flew from New York to Istanbul, FEDERAL ECONOMY PROGRAN GETS K. Favorable Report Made by House Committee on Demo- cratic Plans. By the Associated Press. Democratic plans for bringing about a reduction in Government expendi- Committee. A resolution by Representative Doug- las, Democrat, of Arizona, calling for appointment of an economy commit- tee to report by April 15 on possible Ways of trimming expenditures was reported favorably by the House Rules Committee. It was adopted without any opposing votes, the Republican Committee mem- bers remaining silent to retain the right to explain their opposition. They had maintained the investigation should be made by a joint Senate and House committee. Chairman Pou announced the reso- lution would be brought before the House next week and predicted it would be adopted. No Reference to Hoover Program. The Special Committee of seven will be appointed by Speaker Garner to make recommendations to the House. ‘The resolution made no reference to the recommendations of President Hoo- ver in his special message Wednesday to give him authority to reorganize bu- reaus. Legislation to permit him to take this action was introduced yester- day. Meanwhile, the House Expenditures Committee postponed a vote on the Democratic bill to consolidate the War and Navy Departments. It decided, instead of approving the measure today, to appoint a suboom- mittee of five members to consider the proposal further, holding additional hearings if necessary. Chairman Cochran said this decision was reached because the bill as intro- duced by Chairman of the Ap- praprlul;m Commit conflicted W. existing o “It will be up to the subcommittee to make the bill fit the law,” Cochran said. Will Study Public Works Plan. The committee also agreed to begin a study on Thursday of proposals to ite & new bureau to handle all pub- ic works _ext rivers and harbors g:oject.l, ry of War Hurley will called. ‘The resolution authorizes British Parliament setting up a com- mittee to study ways of saving A nemdmmumcmtcm.upxu;z saving ernment expense was ef- 1ect¢dwum:nhmume. ‘The Arizonan said his measure had been introduced with the approval of Garner and other party leaders and tative Snell of New York, . | that Represen! the Republican floor leader, its purpose. THRONG EXPECTED FOR BICENTENNIAL Hotels of City Already Show- ing Larger Registrations for Celebration. The facilities of Washington are ex- pected to be strained to accommodate the crowds due here next week with the opening of the George Washington Bicentennial Celebration. The thousands who will come to this city throughout the year to honor the memory of the Pirst President already have begun arriving, Washington hotels | showing a noticeably increased regis- tration. Next week all the larger hotels are booked to capacity and dally are refusing to make further reservations to prospective visitors. ‘The influx is expected to begin in earnest late today and tonight with a continuous stream of visitors arriving tomorrow and Monday. Convention Draws 15,000. A large number of the visitors during the first week of the Bicentennial will be delegates to the National Education convention, which is bringing 15,000 or more persons to Washington. The National Education Association began making reservations for delegates to its convention last March in antici- pation of the Bicentennial rush. Expecting greatly increased traffic to Washington, railroads have set u extra equipment at excursion rates to the Capital City. The bus companies also are standing ready with extra busses to take care of sengers. ‘The aller hostelries throughout the city and hundreds of rooming houses and tourist resorts probably will be called upon to accommodate those who cannot find room in the more pretentious stopping places. 3,500 Accommodations Listed. | The room listing service of the Dis- | trict Bicentennial Commission has reg- | istered accommodations for 3,500 per- | sons in small family hotels, private homes and rooming houses. It was sald at the commission’s offices today | that these facilities can be increased by approximately one-fourth if it is found necessary to do so. The probabilities_are, it was stated, |that many of the Bicentennial visitors will not stay in the city over night, but will arrive by automobile in the ‘mm'l'mgl and leave before nightfall. Still others will stay but one night, | while few, other than the National Education Association delegates, are expected to stay more than two or three days. Alr transport lines are being taxed to capacity by Bicentennial visitors. All planes are booked nearly to capac- ity for three days in advance and a number of extra sections probably will be flown to take care of the traffic. The first extra sectipn was required yester- day afternoon on the Ludington Line from New York. usually heavy passenger business in both directions over its lines to the North and South and Pennsylvania Airlines was operating to capacity on the Western run. Actor Undergoes Operation. HOLLYWOOD, Calif., February 20 (#).—Eric Von Stroheim, screen actor and director, underwent an operation Priday for removal of a tumor from his neck. Dr. Walter Halloran, his physi- cian, said it would be a week or 10 days before he would be able to leave the hospital. the expected increased number of pas- | Alr Transport reported un- | PAIDASCONVENTON OFN.E.A.ISOPENED '62d Annual Sessions of Su- perintendents Dedicated to First President. MANY EXHIBITS SHOW SCHOOL EQUIPMENT legrimlgu‘ Planned for Tomor- row, With Religious Services Here and in Alexandria. the United States, upon the two-hun- dredth anniversary cf his birth,” the Department of Superintendence of the National Education Association is open- here today. N Approximately 11,000 delegates, rep- resenting school systems the length and breadth of the Nation, are registering at the convention headquarters in the Washington Auditorfum today in prep- | araticn for the first general session of the convention in Constitution Hall to- morrow_afternoon. The first official action on the super- the convention exhibition in the audi- torium at 4 o'clock this afternoon. In- cluding displays and demonstrations of school materials, equipment and activi- in by 210 manufacturers, publishers and educational associations. It is the most comprehensive exposition of its kind in current show is expected to mark the introduction of new projects and ma- terials in the field of education. Theme Stated. The theme of the sixty-second con- vention of superintendents is “educa- tion, our guide, and our safeguard, and one of the chief sources of our spiritual life, our cultural growth, and our ma- | terial power.” With this statement be- fore them, the superintendents tomor- row afterncon will seek inspiration from the national shrines here which they | will visit in & series of patriotic pil- | grimages. | At 2 o'clock in the afternoon, Edwin ‘C Broome, superintendent of Phila- delphia schools and president of the department, will place a wreath, “com- memorating the life and services of | George Washington, the Father of Our Country,” at the base of the Washing- ton Monument. The Radiotone Maie Quartet of Washington, composed of Louls Annis, William Braithwaite, Ed- ward Stefle. William Abernathy and Robert Gotta. the accompanist and di- rector, will sing “Rock of Ages” while the educators pay their respects before the great stone shaft. From the monument, the educators will go to the Lincoln Memorial where at 2:20 o'clock George C. Bush, super- intendent of schools at South Pasadena, | Calif., will place a wreath commemorat- ing “the life and services of Abraham Lincoln who saved the Union.” The | quartet at that time will sing the Na- | tional Hymn. | The educators then will go to Arling- p | ton where Norman R. Crozier, superin- | banking bill. all large points | tendent of schools at Dallas, Texas, and | east of Chicago and have announced |first vice president of the department, | will place a wreath on the Tomb of the Unknown Soldier “as u tribute to our honored dead.” There, the quartet will sing “Abide With Me." Before the pilgrimage is completed, other delegates to the convention will attend special services for them in the " (Continued on Page 2, Column 5.) TRUCK KILLS WOMAN BOARDING A CAR Miss Mary Fisher, 70, Victim of Accident at Fourteenth and Euclid Streets. | Miss Mary Fisher, 70, of 1412 Euclid | street, was killed today when struck by a five-ton truck as she attempted to board & street car at Fourteenth and Euclid streets. Miss Pisher was removed to Emer- gency Hospital by Wilson Judd, a taxi- cab driver ©f 2550 Fourteenth street. She was pronounced dead upon arrival by Dr. M. Kajigls. She suffered a frac- | tured skull and other injuries. William A, Allen, colored, of 615 Q street, driver of the truck, employed by the Latimer Contracting Co., was de- tained at the tenth precinct until po- lice could check the truck’s brakes and communicate with Dr. Joseph D. Rog- ers, District coroner. Guy E. Crampton, & route agent for The Star, was an eye-witness to the ac- cident and helped place Miss Fisher in the taxicab. He told reporters he was standing on the front platform of the street car which Miss PFisher intended 0 board when the woman stepped from the curb and walked into the path of the truck. He sald both the truck mdmthc street car were proceeding south, Infant Starts Travels Early By the Assoclated Press. CHICAGO, February 20.—And now the Chicago & Northwestern Railway knows more about the problems of thood than ever before, thanks to :fi Blundell. day yesterday the compahy’s wires hummed with telegrams ‘“rela- tive to the Blundell baby.” Baby Blundell, born last Wednesday somewhere between Las Vi and Caliente, Nev., aboard the crack Pacific | Limited, has traveled more in the first L existence than some folks BABY BORN ABOARD FAST TRAIN KEEPS RAILROAD’S WIRES BUSY in Life as Mother Insists on Continuing Journey. Rallroad physicians and representa- | tives of the Travelers’ Ald boarded the train at Salt Lake City with offers of aid and the suggestion that the mother and infant go to the county hospital there, but Mr. and Mrs. H. G. Blundell | 1s program, dedicated to the memory | of George Washington, first President of | ing its sixty-second annual convention | intendents’ program is the review of | ties, the exhibition will be participated | the United States each year and the| WASHINGTONHONOR HOOVER 0PPOSES LOAN RESTRICTION INBANK MEASURE Effort to Be Made in Confer- ence to Amend Bill as Voted by Senate. {PRESIDENT IS GRATIFIED, HOWEVER, AT PASSAGE | Favors Agreement to Allow Al Banks to Borrow Up to 5 Per Cent of Total Deposits. By the Assoclated Press An effort to amend the Glass-Steagail credit expansion bill in Senate and House conferences to enable banks with a capitalization aQove $2.000,000 to benefit was indicated today in adminis- tration quarters. As the measure, designed to liberalize Federal Reserve rediscount rules, was passed by the Senate last night, the rediscounting privileges were limited to institutions with a capitalization of $2,000,000 or less. President Hoover, was learned, would look with favor upon an agree- ment to make this se striction. enabling up to 5 ner cent of their total deposits. The House bill placed no restriction. President Gratified. President Hoover was pleased today, however, at both the form of the emer~ |gency credit expansion bill and the |speed with which it was passed. Senator Walcott, Republican of Cone necticut. one of the bill's sponsors, in= formed Mr. Hoover the measure would be placed before the Senate and House conferees Tuesday morning. Walcott believed it would be reported back to the Senate and House almost immedi- ately, since few differences exist, and that the measure could be laid upon the President’s desk Wednesday. It was indicated the Glass-Steagall measure might be the last emergency move with the possible exception of & step for relief of depositors in closed banks. Such would be provided under ’ihe Glass bill to revise the banking aws, Bear Raids Fought. From President Hoover yesterday came word that theadministration had engaged in a drive on stock exchange bear raid- ers, who he believes have been pulling investors into an “artificial de of security prices. The New York Stock Exchange will put into effect rules to curb short selling on April 1. The President told newspaper men at his Priday evening press conference that “individuals who use the facilities of the exchange for such purposes | (bear raids) are not contributing to recovery of the United States.” He disclosed how he and other ad- ministration officers had made new irepresemauom to the managers of the stock exchange for more stringent | measures to halt beating down' of security prices, after the January trad= ing showed heavy bear activity. The new rules apparently were adopted in response to the administration demands. |, It did not even take a record vote { for the Senate to approve the new It was put through on | rolling chorus of Taves” Tight after the ! two amendments had been adopted | overwhelmingly. Secretary of the Treasury Mills esti- | mated the measure would theoretically | allow for a $10.000.000,000 expansion in credit. The legislation also would make {1t possible for direct Government obli- gations to be put up as collateral for Federal Reserve note issues. No mention was made at the White House yesterday as to the officials with whom the President conferred on “bear |raids” It was known. however, he (Continued on Page 2, Column 1.) BLIZZARDS HOLD UP HUNT FOR AVIATRIX Mrs. Christofferson and Mate Four Days Overdue in British Columbia. . Sp;ch Dispatch to The Star. RTLAND, Oreg., Februa (N.AN.A).—Search by plane Iorry M: Edna E. Christofferson, Portland avia= trix, and William R. Graham, Alaskan pilot, more than four days overdue at Atlin, British Columbia, was held up by a blizzard and storms breaking on the rugged mountains over which they were last seen on the afternoon of Febru= "% Canadian Atrw ‘anadian Airways plane was hel ready for the search at (?.rcms., nmug Columbia, 50 miles from Atlin, accord- ing to reports from Vancouver, British Columbia. S. E. McMillen, pilot of the ship, was instructed by officials of the company to begin the search for the missing aviators as soon as weather cmszatlons hpermlt, rms have blown over the moun- tainous area since the flyers were seen near Nahlin, British Columbia, 100 miles south of Atlin, last Monday, prevent- ing all efforts to find them by air. The depth of the snow prevents search by dog team. Despite the fact that they have been missing for more than four days, Port- land fiyers still believe that they are safe. but probably down in some isolated territory unable to take off again, or far from any line of communication. If they are still allve, they probably will remain by the airplane and live on t:e ample supply of food they had with them. (Copyright. 1932, by the North Newspaper Alliance, Inc. QUITS FARM JOB AT 107 FOND DU LAC, Wis, February 20 (#).—In these days when there’s a drive on for folks to quit hoarding their money and to have confidence in the future, the case of Willlam Stanton of Adell is interesting. At 127 he's quit his job on a farm near Adell, so »2e %= go ipto business to pe his ows would yAmerican