Evening Star Newspaper, March 10, 1933, Page 1

Z - 2 1 % WEATHER. (U. 8 Weather Buresu Forecsat.) “From Press to Home Within an Hour” The Star’s Carrier system coversevery city block and the regular edition is delivered to city and suburban homes as fast as the papers are printed. rising temperature. Tem- ‘atures—Highest, 55, at 3:45 p.m. yes- ; lowest, 25, at 7:30 am. port on page 7. New York Markets Closed Today. No. 32,455. ntered_as second class matter BT ofce, ‘Washington, D. C. -— DECREE 0 SPEED REOPENING ISSUED; CLOSE SUPERVISION WILL BE PROVIDED Treasury Secretary and Aides Busy Checking List Which Will Be Allowed to Resume Full Operations. WOODIN HAILS MEASURE Gold Pouring In Billion Dollars in Metal Ex- pected to Be Returned in Few Days. By the Assoclated Press. NEW YORK, March 10.—Gold was hot today. Sizzling hot. It burned fingers, seared consciences and stung hoarders into sudden action. By the thousands, all over the coun- try they scurried to banks to purge themselves of the yellow stain which, the Government has decreed, will be a passport to prison. In vanity bags, steel chests, trousers pockets and armored cars it poured in —stacks of double eagles, $5 pieces that dangled on last Yuletide's tree, big bars of bullion. Fear, reviving confidence, aroused conscience and newly acquired knowl-| edge were sending it tumbling back, | (Continued on.Page 2, Column 6.) RUSHED BY CONGRESS Meny Institutions Expected to Be Doing Business as TUsual Within a Few Days—Payment on Treasury Notes Sold March 6 Authorized. By the Assoctated Press. An Executive order designed to | speed the opening of the Nation’s banks under close supervision of the Treasury was issued today by President Roosevelt. Under the order, the Secretary of the Treasury was given author- 1ty to issue licenses to Federal Re- serve member banks to reopen. Applications for the licenses are to be filed with the district Fed- eral Reserve Banks. State banks, not members of the Federal Reserve, will be allowed by Secretary Woodin to reopen after obtaining approval from the proper State banking authorities. His plan was outlined in a state- ment a little before he went to the White House with the Execu- tive order to be signed by the President. At the Treasury Secretary Woodin and a corps of assistants were continu- ing their work of checking and recheck- ing the list of banks that will be per- mitted to reopen. Secretary Woodin said that lica- tions for reopening of the Federal Re- serve member banks would be acted upon forthwith but that it must be ascertained that the banks reopened were capable of remaining open. ‘Woodin’s Announcement. An announcement made by Mr. Woodin said: “Executive order directs all banks which are members of the Federal Re- serve cystem desiring to reopen for the performance of all usual and normal banking functions, except as otherwise prohibited, to app.y for a license to the Secretary of the Treasyry, applications to be filed with the Federal Reserve bank in the appropriate district. “The appropriate authority having immediate supervision of banking in- stitutions in each State will be au- thorized under such regnlations as such authority may prescribe to permit any banking institution in such State or place, other than member banks of the Federal Reserve system to perform any or all their usual banking mncm.ns,] except as otherwise prohibited.” A presidential proclamation kept rigid restrictions clamped tightly about opera- tions of the Nation's banks until—pos- sibly tomorrow—many of them can re- open for business as usual. Less than two hours before the re- strictions would have become inetfective at midnight last night, President Roose- velt used the power Congress had just given to him by extending the bank holiday “until further proclamation.” That meant that for the time being banks can do only what they have been doing the last few days—enough busi- ness to prevent food shortages or keep people from going payless. There was no change immediately in the various regulations issued by the Treasury since Mr. Roosevelt’s proclamation slapped on the gold embargo and started the money holiday last Sunday night. Senator Long, Democrat of Louisi- ana, who unsuccessfully sought to amend the emergency bank bill yester- day to protect State banks not mem- bers of the Federal Reserve system, served notice in the Senate today he might offer a resolution later to make this change in the act. “I don't know whether any Senators have suffered a change of heart or not,” the Louisianan said, “but several Sen- ators have come to me since the bill was passed and indicated they would like to see such a correction made.” Secretary Woodin today authorized banking institutions to complete for their own account or account of their customers payment on subscriptions for Treasury bills sold on March 6. Sixteenth Regulation Issued. ‘The Treasury regulation issued today, the sixteenth since the bank holiday was proclaimed, was announced as the ‘Treasury officials set to work on the procedure that will be employed in applying the freshly enacted legisla- tion to the tangled banking situation. The Treasury sold approximately $75,000,000 in Treasury bills on March 6, and the banking holiday bas tied up some of the funds. The regulation, which perrhits these to be over to the Government, reads: “All banking institutions are here- by authorized to take such steps and carry through such transactions as may be necessary to complete for their own account or the account of their cus- tomers, payment on any subscriptions for Treasury bills of the United States for which payment was due on March 6, 1933.” Secretary Woodin visited the White House for a conference with the Presi- dent before his momd‘:'u chat with the newspaper correspondents. O - leaving the White - House, the (Continued on Page 4, fumn 1.) STEEL ORDERS DECLINE NEW YORK, March 10 ().—Unfilled orders of the United States Steel Cor- poration decreased 44,444 tons in Feb- Tuary to 1,854,200 tons, a new record low since the corporation has been pub- lshing the figures. In January tonnage dropped 69,496 D. . BANKS SUPRLY PAY ROLL FUNDS TO0 EMPLOYERS HERE Institutions of Capital Open 1o Meet “Distress Func- tions” for Depositors. ‘Washington banks today brought re- lief to hundreds of citizens by releasing pay rol! funds which had been tied up since last Monday when the President’s bank holiday proclamation went into effect. This action was taken on recom- mendation of the Washington Clearing House Association, which reached the decisfon late last night that some steps must be taken to meet actual pay roll needs of depositors, even though the banks are still not permitted to accept any deposits. Clearing House officials decided that the payments must be limited and great care used by each bank in the amounts distributed, “absolute necessity” being the basis for the cashing of all these checks. Use Two Methods. large sums of money were re- to the channels of local trade and the meeting of accumulated bills. The banks were paying out the pay roll money under Treasury regulation 10, which relates to the cashing of checks for food, medicine and other necessities. Pay rolls were being met in two ways, by payment of lump sums to local cor- porations and by the cashing of checks already given by employers to their employes, which have been held up during the present week. The Clear- ing House made special reference in last night’s statement to these individ- ual checks for wages and salaries and sald the banks would pay them as fast as tl}_ey were presented, unless “too Local banks are today meeting every provisicn under the Treasury regula- tion, which m« the President's original holiday proclamation and per- mits drawing of money to meet dire needs for food, the honoring of drafts for shipments of food and other essen- tial requirements of depositors. These so-called “distress functions” went into effect yesterday, under Clearing House recommendations, and were carried on again today as President Roosevelt's gofillmltifln late last night left the nking situation in Washington un- changed as to services permitted. Few People in Distress. Reports made to the Clearing House Association last night showed that de- itors availed themselves of the right rwflhdrlw their deposits under per- mission of the Secretary of the Treas- ury only in cases of real need. Mem- bers of the association reported today ‘Today @ WITH SUNDAY MORNING EDITION ¢ Foening Star. WASHINGTON, D. C, FRIDAY, MARCH 10, 1933—THIRTY-FOUR PAGES. ROSEVELTS PLEA FOR A DTATORAL CTIN L §, 0TS Intensive Dispute Impends Over Economy Program, but Leaders Are Confident of Its Final Enactment. DRASTIC RETRENCHMENT PROTESTED BY VETERANS Second Special Message Demands Elimination of Furlough Plan and Substitution of Scheme to Base U. S. Employes’ Pay on Living Costs. By the Associated Press. A silently intent Congress re- ceived from President Franklin D. Roosevelt today his second request for extraordinary powers, this time to slash veterans’ costs and Fed- eral salaries so a balanced budget might be attained within a year. Simultaneously in Senate and House the President’s message was read, with the Legislators hanging onto each word. A determined dispute plainly was in the mak- ing; but Democratic leaders pro- fessed confidence that Mr. Roose- velt would have his way, while not with the dispatch that marked yesterday’s enactment of the banking law. ICONGRESS WEIGHS| \\\‘:“\?“ \ X \§\\\\\\\\\\\\\\\\\\\\\:\\\\‘\ NI @ \\\\\\i\\*\\;\,,x \” MR AN Y \ N\ L] HONOR AND NO CRACKS T MAKE ABOUT SONS OF THE 1 WILD WEST B Be COURT SENTENCES [ANGARA 10 DIE “l No Care,” Shrieks Assas- sin, Denouncing Judge as “One of Capitalists.” | A bill for the new powers for | By the Associated Press. the Chief Executive was being drafted under direction of Lewis Douglas, new Director of the Budget, who resigned today as a member of the House from Ari- zona. Once it was ready, Senator Robinson of Arkansas was to sponsor it. Immediately on hearing the presi- dential message read the Senate re- cessed until tomorrow to allow com- pletion of the legislation. House Democratic leaders arranged to bind their great majority by caucus, with the aim of passing” the bill by early next week. House Sets Up Committee. ‘The House created a select Economy Committee of five to handle Mr. Roose- velt’s request for power to cut Gove ernment expenses. Speaking of the $5,000,000,000 Federal deficit that has been piling up since 1931, President Roosevelt had said in his message tHat the situation was akin to that in connection with banking, in that it demanded “equally courageous, frank and prompt action.” From the early morning hours, after conferences that lasted past midnight, the President worked on his message asking dictatorial powers over Govern- ment costs. He planned to save until tomorrow his other promised messag looking to a $500,000,000 bond issue for public works to make employment. Senators and Representatives, even before the second brief and momentous message in as many days reached the Capitol for reading, were deluged with telegrams of protest from veterans or- (Continued on Page 3, Column 4.) 150 KILLED OR WOUNDED IN CLASH IN MOROCCO French Soldiers Among Dead as Native Rebels Are Hemmed in Atlas Mountains. By the Associated Press. RABAT, French Morocco, March 10, —A dozen French soldiers were killed and 150 loyal natives killed or wounded in a battle reported today as a new outbreak of the native tribesmen in the Atlas Mountains. The rebels were hemmed in by the Prench troops and were reported ne- otiating surrender. They were de- ending nafural fortresses at an alti- tude of 6,000 feet. The main battle occurred at Jebel Sarro. Business As Usual. ‘The stores were busy today as the result of yesterday’s adver- tising. Most people have good, credit or cash which they are converting into things they want at present prices. When most people want things or property more than cash, orosperity will return. Yesterday’s Advertising Lines. Local Display The Evening Star. . . 40,097 12,082 . 9,568 8,168 3,654 (Four ot Total newvaperss 33,472 People in Washington read The Star and save money by shopping after reading the ‘advertisements. A\ ganizations against granting to Mr. Roosevelt the powers sought. Notices of what was impending had been sent to American Legion posts throughout the country by legislative agents of the organization here, with suggestions to wire objections. A big scrap loomed, with congres- sional leaders set on having the latest extraordinary bill go through the com- mitee routine—a process not respected in enacting yesterday's banking law. But Democratic leaders expressed con- fidence that ultimately the President would win out. Severe Dispute Forecast. At the Capitol, meanwhile, sharp op- position to President Roosevelt's plea for dictatorial powers to reduce vet- erans’ expenditures was considered likely, but the preponderous Democratic majority was expected to give him that authority. Senatorial authorities privately pre- dicted a severe dispute before a dg-l cision. Telegrams from veterans’ organiza. tions about the country poured into congressional offices by the hundreds, 88 in one batch being dropped on the desk of Senator Bratton, Democrat. of New Mexico, this morning. Those to other Senators ranged from 64 in one delivery to the office of Sena- tor Cutting, Republican, of New Mex- ico—a Roosevelt supporter—to a hand- ful deposited in the offices of other Senators. Legion legislative head- ohn Thomas ‘The American Quarters here, headed by J (Continued on Page 2, Column 1.) BRITISH FLYER MISSING 19-Year-Old Pilot Seeking New Record—Unreported in Africa. ORAN, Algeria, March 10 (#).—Victor Smith, 19-year-old flyer attem) to beat Amy Molliso o2 7 s, n’s record of 4 6 hours and 55 minutes from London ‘ear] today from Beni Abbes, his first, stop- ping place beyond this Mediterranean He flew from London to Oran yester- day in less than 10 hours, a record £ the 13200 miles. i SIS R ek ey Volcano in Eruption. - TALCA, Chile, March 10 (P).—The Volcano u again has become ac- tive. e and ashes have been seen coming from the crater. h‘n Programs on Page B-13 * MIAMI, March 10.—Giuseppe Zan- gara today was sentenced to death in the electric chair for the murder of Mayor Anton J. Cermak of Chicago in a Tutile attempt to assassinate President Roosevelt. Sentence was passed at 10:31 a.m. by Circuit Judge Uly O. Thompson, who read from s prepared statement ending with ‘and may God have mercy on your soul.” There was & flurry in the court room after sentence was passed as Zangara denounced Judge Thompson and shouted: “You give me electric chair. “I'm no afraid that chair. “You're one of capitalists. “You is crook man too. Put me in electric chair. “I no care.” Prison to Fix Date. Deputies rushed Zangara from the court room as he shrieked the last sen- tence. Spectators were held in the court room until after the prisoner was removed to the elevator carrying him to Jail. Under the Florida law, the execution date will be fixed by the Governor of the State and officials of the State e | Penitentiary at Raiford. Judge Thompson’s sentence ordered that gze be confined in Dade angara County Jail until his removal to Rai- ford and that he be kept there until the Governor sets the week of execution, the shour and day to be set by the prison farm superintendent. “And at such time and place punish- ment of death shall be inflicted upon you by causing to pass through your body a current of electricity sufficient in intensity to cause immediate death, and application 9f such current shall be continued until you shall be dead,” the judge ordered. “And such punishment of death shall be executed within the walls of the permanent death chamber of the State prison of the State of Florida. “e ¢ ¢ And may God have mercy on your soul.” Pistol Confiscation Urged. ‘The court earlier had ordered: “Before I dispose of this case—the State vs. Joseph Zangara—I want to make a few observations. “I want to thank the spectators for (Continued on Page 2, Column 5.) Budapest Plot Revealed. BUDAPEST, Hungary, March 10 (®). —The newspaper Mai Nap reported today that 32 employes of the muni- cipal railways had been arrested for alleged complicity in a' Communist or- ganization uncovered by the police. | Painleve Urges | France to Pay U. S. Interest on Debt Former Premier Believes |Action Would Strengthen By the Associated Press. PARIS, March 10.—Former Premier Paul Painleve, following former Premier Edouard Herriot's similar proposal yes- terday, urged todsy that France now pay the debt interest which was due the United States last December, as & timely gesture. Writing in the petit Parisien, he urged the payment of about $20,000,000 “not to help America—she will save herself—but to dispel the artifically magnified cloud between America and us 50 as to realize a firm accord among France, Great Britain and the United States.” He said this would make “demo- cracles safe” in the world and “avert the direst perils.” Leaders of the Prench government party, which includes both Herriot and Painleve, regard the rise of Pascist regimes in Centzal Europe as a threat to Prench de cy. Painleve sug- gested general cancellation of war debts owed the United States and German reparations last May, when his party regained control under Herriot. AUSTRIAN TROOPS CALLED N CRSS Widespread Violence Against Jews in Berlin Is Reported. BY JOHN GUNTHER. By Cable to The Star. VIENNA, Austria, March 10.—The Austrian crisis has exploded all ever the place. The government was forced to call out troops, estimated:to num- ber 3,000, to keep their eyes on Vienns today. Infantry detachments, full artillery - | battery and a group of engineers have been on duty here. It is reported from Salzburg, but not confirmed, that the Austrian Army has increased its strength on the nearby German frontier. It is reported from Geneva that France and Great Britain, deeply wor- ried by the semi-dictatorship in Aus- tria, are planning some sort of joint protest. It is reported from Berlin that the celebrated agent provocateur, Maj. (Continued on Page 4, Column 3.) BY HENRY L. STODDARD. Special Dispatch to The Star. NEW YORK, March 10 (N.AN.A).— (His visit in this city as a private HOOVER, FREE OF CARES OF STATE, RADIATES LIGHTER SIDE OF LIFE Former President Declared Remarkably Changed in Manner and Appearance in Week. | citizen has made & new man of Herbert |m Hoover. No longer are the burdens of & Nation in distress reflected in his countenance, no longer is his mind preoccupled with problems from every section of the country demanding in- | stant solution at the peril of grave consequences. g ‘Those who saw Mr. Hoover as Presi- dent hand over the reins. of Govern- ment to Mr. Roosevelt would be amazed ;flmmfiumu a ‘!:x days have e manner appearance. He has substituted window-shopping on New York's avenues for the morn- ing medicine ball at the White House, and he has found relaxation in discus- sing the ordinary topics of the day - Accord Among Nations. | FARMNG LEADERS * COFERONRELE 40 Agricultural Representa- tives Meet With Secretary Wallace on Program. By the Associated Press. | Forty representatives of farm organi- ]nuofl ‘went into conference with Sec- retary Wallace behind closed doors to- day seeking agreement on a legisiative program of agricultural relief which | would be effective for this erop year. | Shortly before they met, & draft of a proposed bill was distributed to some of | the lesders. It was prepared by mem- bers of the staff of the Agriculture De- partment and included many provisions |of the domestic allotment plan which | failed of enactment at the last session of Congress as well as a proposal for leasing lands engaged in the production | of surplus crops. ‘While Wallace said two days ago that | ;xu hoped to confine the measure to cot- | ton, wheat, corn and hogs, this draft | elso {ncluded tobacco and rice. It pro- | vided for a tax on processors to provide funds to be distributed as benefits. Those at Conference. Wallace refused to make his plans | | public, asserting the viewpoint of farm | leaders rather than an expression of his | own was the object of the meeting. Among those attending were: ! Edward A. O'Neal, president of the American Farm Bureau Federation and nine other members of the bureau, in- | cluding Charles Hearst, vice president; | Louis J. Taber, master of the National | Grange and four delegates from lhat‘ organization; W. R. Ronald, South Dakota newspaper publisher, one of the | authors of the original domestic allot- ment plan; E. F. Blalock, representing | cotton co-operatives; Charles Ewing of Decatur, I1l., and P. O. Wilson, Chicago, | repre:lentmm l):auonal Live Stock Co- operative on; Representative Lambertson, Republicanr, of Kansas, representing the Farmers' Union; Rex- ford Tugwell, Assistant of Agriculture; Dr. Nils A. Olsen, chief of the Bureau of Agricultural Econom- ics; Mi‘“hmehel. economist for the Fed- Plans Early Action. Wallace said that if leaders reach an| agreement on a relief plan for com- modities now on an export basis he is hopetul of obtaining congressional at the special session before its first recess, tentatively scheduled for about three weeks hence. Wallace has been assisted by Assistant Secretary Tugwell in working out de- tails of the new relief plan. In calling the conference, his first important official act, Wallace began paign pledge bym:rdedde;;m Roou' ;elt to seek the un SU] of farm organizations in attacking the farm problem. MAJ. PRATT STRANDED BY BANKING HOLIDAY Former Superintendent of Police in Key West, Fla., Without Cash to Get Home. . Henry G. Pratt, formerly lnmmtdpofluhere,u 'lclhnloimh‘x;khoud” | i “5F UP) Means Associated Press. Yesterday’s Circulation, 129,333 TWO CENTS. PRESIDENT ORDERS LICENSING OF BANKS 'ROOSEVELT DEMANDS BALANCING OF BUDGET IN CONGRESS MESSAGE 'President Asks Salary and Vet- erans’ Funds Cut and Further Reorganization Power. HOLDS UNIMPAIRED CREDIT ESSENTIAL TO RECOVERY Declares Mounting Deficits Must Be Halted Immediately and Promises Stability A in Year. BY G. GOULD LINCOLN. President Roosevelt today demanded of Congress the passage of législation designed to aid in balancing the Government’s budget. He proposed drastic cuts in veterans’ compensation. He proposed reduction of salaries and wages pald Government employes, civil and military. He proposed further powers for the reorganization of the Gov- ernment. The Chief Executive told the Congress that “for three long years the Federal Government has been on the road toward bankruptcy.” He called for immediate action to halt the mounting Government deficits. ‘The President said that the deficit for the fiscal year ending June 130, 1934, probably would exceed $1,000,000,000 unless immediate action is taken. He estimated the deficit for the fiscal year 1933 at $1,200,- 000,000, and he said that the deficit for the fiscal year 1932 was $2,- 472,00,000, and for the fiscal year 1931, $462,000,000. The total ac- cumulated deficit, he said, at the close of the fiscal year 1934 would be $5,000,000,000, unless remedial action is immediately undertaken. Unimpaired Credit Sought. “Upon the unimpaired credit of the United States Government,” said the President, “rests the safety of deposits, the security of in- surance policies, the activity of industrial enterprises, the value of our agricultural products and the availability of employment. The | credit of the United States Government definitely affects these fun- damental human values. It, therefore, becomes our first concesn to i make secure the foundations. National recovery depends upon it.” The President promised fair, sympathetic and just administra- tion of the broad powers which he sought to deal with the proposed Government economies through curtallment of veterans’ compensa- tion and pensions and reductions in salaries and wages. He admitted that the proposed Government economies will affect “some of our citizens.” e added, “But the failure to make them will affect all of our citizens. The very stability of our Government itself is concerned and when that is concerned the benefits of some must be subordinated to the needs of all.” Text of Message Asking Congress For Drastic Cuts HE text of President Roose- velt's message to Congress today follows: To the Senate and House of Representatives: The Nation is deeply gratified by the immediate response given yes- terday by the Congress to the neces- sity for drastic action to restore and improve our banking system. A like necessity exists with respect to the finances of the Government itself, which requires equally courageous, frank and prompt action. For three long years the Federal Government has been on the road toward bankruptey. For the fiscal year 1931, the deficit was $462,000,000. For the fiscal year 1932, it was $2,472,000,000. For the fiscal year 1933, it will probably exceed $1,200,000,000. For the fiscal year 1934, based on the appropriation bills passed by the last Congress and the estimated rev- enues, the ceficit will probably exceed $1,000,000,000 unless immediate ac- tion is taken. ‘Thus we shall have piled up an accumulated deficit of $5,000,000,000. Effect on National Economy. With the utmost seriousness, I point out to the Congress the pro- found effect of this fact upon our national economy. It has contributed to the recent collapse of our banking strycture. It has accentuated the stagnation of the economic life of our people. It has added to the ranks of the un- employed. Our Government's house is not in order and for many reasons no effective action has been taken to restore it to order. Upon the unimpaired credit of the United States Government rest the safety of deposits, the security of in- surance policies, the activity of in- dustrial enterprises, the value of our agricultural products, and the avail- ability of employment. The credit of the United States Government defi- nitely affects these fundamental hu- man values. It, therefore, becomes our first concern to make secure the foundation. National recovery de- pends upon it. Too often in recent history liberal governments have been wrecked on the rocks of loose fiscal policy. We must avold this danger. Necessary to Act Now. It is too late for a leisurely ap- proach to this problem. We must not wait to act several months hence. ‘The emergency is accentuated by the necessity of meeting great refunding operations this Spring. We must move with a direct and (Continued on Page 3, Column 2). » L < Effective at Once. Roosevelt asked that the legislation go into effect at once. There will be no waiting for the beninning of the next fiscal year, July 1, but the cuts he proposes would be- come effective as soon as the new laws have been written and can be admin- istered by the Executive. ‘The Chief Executive predicted that it broad powers are given him he would be able within a year to bring about a balanced budget. He said: “I give you assurance that if this is done there is reasonable prospect that within a year the income of the Gov- ernment will be sufficient to cover the expenditures of the Government.” Message Is Read. ‘The message of the President today, ‘which was read in both Houses, was his second call within two days upon Con- gress for emergency legisiation to re- lieve conditions in this country. The President declared that “the Nation is deeply gratified by the immediate re- sponse given yesterday by the Congress to the necessity for drastic action to restore and improve our banking sys- tem. A like necessity exists with re- spect to the finances of the Govern- ment itself, which requires equally courageous, frank and prompt action.” He said that the members of Con- gress and he were pledged to immediate economy and that he assumed that the Congress would be in agreement with him as to the urgent necessity of prompt action. Declaring that the leg- islation enacted by the last Congress re- lating to reorganization and elimination of executive agencies would effect small economies when viewed in the light of the great deficit of the next fiscal year and that it would not meet the pres- ent need, the President asked additional powers. Savings Declared Essential. “Provision for additional savings is essential,” he said, “and, therefore, I am asking the Congress today for new leg- islation laying down broad principles for granting of pensions and other vet- erans’ benefits and giving to the Execu- tive the authority to prescribe the ad- ministrative details.” He requested also the enactment of legislation relating to the salaries of civil and military employes of the Gov- ernment. This, he said, “would repeal the existing furlough plan, substituting therefore a general principle and au- thorizing the Executive to make appli- cation of this principle.” The proper legislative function is to fix the amount of expenditure, the means by which it is to be raised and the general princi- ples under which the expenditures are (Continued on Page 2, Column 4.) AT S ITALIAN AUTO FACTORY HAS PRODUCTION GAIN 1932 Fiat Output Greater Than Previous Year—Attributed to Domestic Sales. By the Assoclated Press. production of the it Comw o est automobile concern, ~was ud‘hr'f; Giovanni Agnelll, its premy“t."mnhs ellt, ent today at a meeting of stockholders. T the indi “a new com- prehension of its duties to the nation and soclety.” “Italy’s industry has found tranquil- 1 ::nd ot mfl'l‘:; "hlumn.ld lor uctive a 5 I Stockholders received a dividend of 50 _cents & share derived from undis- tributed profits of