Evening Star Newspaper, March 10, 1933, Page 3

NG STAR, WASHINGTO! D. . C. FRIDAY, MARCH .10, I %% A—3 m CONGRESS SETTLES 10 ROUTINE GRIND Banking and Relief Bills Pre- dominate in Hopper of Each House. By the Associated Press. Banking and relief legislation pre- | dominated today in the bills that| swarmed into the legislative hoppers in both sides of the Capitol in a day that marked the settling of Congress down to routine procedure. . One of the first measures to be pro- posed in the Senate was by Senator Vandenberg (Republican) of Michigan to guarantee time deposits in banks. It was closely followed by a bill by Senator McAdoo (Democrat) of Cali- fornia to protect depositors in Federal Reserve member banks : against loss through failure or suspension of such institutions. Vandenberg’s bill would define what constitute tim> deposits and provide a Federal guarantee of them up to 75 per cent out of a fund collected by taxing deposits. Another banking measure, introduced | by Senator Dill, Democrat, Wash- | ington, would open Postal checking | accounts. | One of the first farm relief proposals | came from Senator Bankhead, Demo- crat, Alabama, who proposed a $400,- 000,000 appropriation for loans to pur- chase small farms, farm implements, building materials, household equip- ment and sustenance supplies. The purpose of the measure was described as to aid in redistribution of ! “an overbalanced population in in- dustrial centers,” one of the objectives laid down by President Roosevelt in his inaugural address Bankhead, in a statement to the press, said the general principles covered by the bill, including the amount of money proposed, had the aprroval of the administration. Proposes Indemnity Fund. McAdoo, who was Secretary of the ‘Treasury during the Wilson adminis- tration, proposed that a depositors’ indemnity fund be created through assessments against member banks to be administered by the Federal Reserve Board. The assessments would be levied in proportion to deposits, payable upon demand by the board until the amount of the fund equals 1 per cent of the deposits of Federal Reserve member banks. The measure also would apply to banks outside the Reserve systen‘:pw);nch comply with Federal Reserve require- ments. Whenever a bank fails to meet its obligations, depositors would be paid out of the fund. One of the first bills introduced in the House called for issuance of a memorial postage stamp to the late Mayor Anton Cermak of Chicago. It came from Representative Randolph, Democrat, West Virginia. Randolph said the stamp would be issued on the day of opening of the Chicago World Fair. Senator Black, Democrat, Alabama, Teintroduced in slightly revised form his bill for a six-hour day and a five- day week. Extended hearings were held on such a bill in the last Congress. The Black bill seeks to cet up a shorter working schedule through the Government’s power to control inter- state and foreign commerce. The stream of legislative propcsals through the House bill clerk’s office was well above 2,000 within two hours. Patman Asks Bonus. The perennial call for the payment of the bonus came from one of its most insistent advocates, Representative Pat- man, Democrat, Texas. Most of today’s measures were private bills which failed of pascage last session. One by Representative Parsons, Dem- ocrat, Illinois, would give the President power through a Federal agricultural commodities board to fix the price of besic agricultural products to restore the 1926 level. The Farm Board would be abolished and its functions given to the new board. Representative Sinclair, Republican, North Dakota, called for the removal of limitations on postal savings deposits and for the estabiishment of a loan bureau to lend to individual borrowers and corporations upon a wide range of wgaterlnl. i e also called for the issue of legal tender notes by the Secretary of Ehae Treasury and prescribed punishment for those who discriminate against these notes in favor of gold. Representative Cross, Democrat, ‘Texas, introduced a silver bill similar to that he proposed last session. Rep- Tesentative McGugin, Republican, Kansas, proposed the regulation of the gold dollar, its weight to vary as the price of commodities varled. A measure for the issuance of $3,- 000,000,000 in bonds to expand the volume of Federal Reserve notes and for the purchase and coinage of silver dollars until $1,000,000,000 have been minted was introduced by Representa- tive McSwain, Democrat. of South Carolina. Another for additional coin- age of silver also was put forward by McKeown, Democrat, of Oklahoma. McGugin also sponsored a bill to raise the price of commodities to the price at which the bulk of farm indebted- ness and other indebtedness was incur- red and to keep it there. WIFE GRANTED DIVORCE Stlver Spring Woman Is Given Decree at Rockville. Bpecial Dispatch to The Star. ROCKVILLE, Md., March 10.—Mrs. May C. Taylor of Silver Spring has been granted an absolute divorce by Judge Charles W. Woodward in the Circuit Court here from Richard G. ‘Taylor, who is said to be prominently connected with the United States Inter- state Commerce Commission. She was represented by Attorney Kenneth Lyd- dane of Rockville. The petition stated that the couple were married February 28, 1906, lived together until September 17, 1932, and have no_children. SPECIAL NOTICE NOTICE 1S HEREBY GIVEN THAT NO person other than myself, Henry J. Gompers, is authorized to make contracts or collec- tions in the name of Gompers' Monumental Works or Gompers' Granite Works. HENRY J. GOMPERS, Proprietor, 1932 9th 8t. N.W. POR ECONOMICAL ELECTRICAL REPAIR gervice call the Electric Shop on Wheels. c.. and a complete shop will be brought to your_door. _Wis. 4821. NOT IN BUSINESS FOR MY HEALTH. BUT for the health of your business. Mail ad- of all kinds ACE [ yertising and duplicating LETTER SERVICE. 1406 and part load: miles; padded cal moving also. Phos DEL. ASSOC.. INC.. 1317 N. ¥. TO PROVIDENCE, R. I. TO NEW YORK ... TOMNITHS TRANGFER & ST A 1313 You St. NW. ¥HE FOLLOWING CAR TO BE SOLD AT xuchler;s fpublé: Auction on Saturday, arch 25, for charges: Nash sedan, license T-8930; left by Mor- ‘s Kern CALL CARL. IN¢ 614 H s GE CO.. 5 Conn._ave. LONG-DISTANCE_MOVING Eastern poirts. “Service since 180 vidson's Transfer & Storage Co.. 111 st_n.w. Nat. 0960. LB CLEAN DIRT DELIVERED, 16c PER CU. yard._Call National 0 11° GOOD ROOF WORK —is always assured when we get your or- Jears of good reputation your best assirance for reliable work. Call us ROOFING 933 . KOONS 65 “lormiazs Da- 78 Preside_nt’s Proclamation Roosevelt, in Extending Banking Holiday Indefi- nitely, Declares That Em That Previous Order HE text of President Roose- velt'’s proclamation extending indefinitely the national banking holiday: By the President of the United States of America, A proclamation: Whereas, on March 6, 1933, I, Franklin D. Roosevelt, President of the United States of America, by proclamation declared the existence of a national emergency and pro- claimed a bank holiday extending from Monday, the 6th day of March, to Thursday, the 9th day of March, 1933, both dates inclusive, in order to prevent the export, hoarding or earmarking of gold or silver coin, or bullion or currency or speculation in foreign exchange; and ‘Whereas, under the act of March 9, 1933, all proclamations heretofore or hereafter issued by the President pursuant to the authority conferred by section 5-B of the act of Oc- tober 6, 1917, as amended, are ap- proved and confirmed; and Whereas, said national emergency still continues, and it is necessary to take further measures extending ergency Still Exists and Continues in Effect. beyond March 9, 1933, in order to accomplish such purposes; Now, therefore, I, Franklin D. Roosevelt, President of the United States of America, in view of such continuing national emergency and by virtue of the authority vested in me by section 5-B of the act of October 6, 1933, do hereby proclaim, order, direct and declare that all the terms and provisions of said proclamation of March 6, 1933, and the regulations and orders issued thereunder are hereby continued in full force and effect until further proclamation by the President. In witness whereof, I have here- unto set my hand and have caused the seal of the United States to be affixed. Done in the District of Columbia this 9th day of March, in the year of our Lord one thousand nine hundred and thirty-three, and of the independence of the United States the one hundredth and fifty-seventh. (Seal.) FRANKLIN D. ROOSEVELT. By the President: CORDELL HULL, Secretary of State. RELIEF CONTINUD WITH SPRING NEAR Present $35,000 Weekly| Rate Will Be Maintained Until May. In the hope the coming of warm e weather in May will lessen the calls for relief outlay, the current rate of expendi- ture for unemployment relief, amount- ing- to approximately $35,000 a week, will be continued until that time, it has been decided by the Emergency Relief | Committee of the Board of Public Wel- | fare. Continuation of this weekly outlay, it was explained today by George S. Wil- son, director of the board, is required to meet as well as funds permit the current calls for help. Deficiency Foreseen. This rate of expenditure, however, sets up the rather definite possibility of a deficlency of about $25,000 by the end of the current fiscal year, on June 30, if there is no increase in the num- ber of families on the relief rolls. There has been a steady increase in calls for aid, however, in recent weeks. The matter was reviewed at length vesterday at a meeting of the Emer- gency Relief Committee, headed by Sidney F. Taliaferro. If expenditures during the remaining 17 weeks of the current fiscal year are continued as at present, there would be a call for about $595000. On March 4, the welfare | board had a balance of but $570,000 in | its available funds. The committee decided not to apply at this time for an additional appro- priation since just recently Congress | cut a request for a deficlency appropri- | ation of $300,000 down to $175,000. ‘The experience in the next month or two will determine whether another appeal should be made at the special session of Congress for an additional amount, it was explained. Totals $1,250,000. On March 4 the welfare board had expended about $680.000 since last July 1 for emergency relief. The original appropriation for the $350,000, made available last July. When this sum was depleted last De- cember, the Community Chest made available 8 sum of $100,000 and on January 30 Congress made available an additional sum of $625,000. At the close of the last session, Congress ap- propriated as an urgent deficiency for the rest of this fiscal year the sum of $175000. This makes a total of $1,250,000 since last July. ‘There now are 9,796 cases, with an average of four persons to a case, on the rolls of Leroy A. Halbert, director of unemployment relief. About three- fourths of this total actually are re- ceiving relief payments. A total of 7,992 applications have been rejected. During the week ending March 4, 348 new applications were approved and 21 rejected. BUY Without Cash during Bailey’s Budget Basis waives any customary down payment to en- able both to make without the slightest Tires mounted Balance over a period of months. ience. U. Built with tempered rubber 1501 14th St. N.W. | “Listen, Clausen. I'm being watched | purpose was | gril Pa. A INUTE ! YSTERY SonYou, Dr. Fordney is professor of criminology at e & famous university. His advice is often | sought by the police of many cities when | confronted with particularly bafing cases. | This problem has been taken from his case- book covering hundreds of criminal investi- sations. Try your wits on it! It takes but ONE to read! Every fact and every its solution are in the clue “necessary to story itseli—and there is only one answer. ve are you? t How good a detecti: Double Entry. BY H. A. RIPLEY. | As the professor's hand reached for the knocker on Kay Martin’s apartment | door he heard a woman’s voice say. | . .. I can't s here, but the key's under the mat. Let yourself in and| wait!” Fordney heard the click of the telephone receiver as it was replaced. hurrying footsteps inside the apart- ment, and then si- lence. After listen- ing a few seconds he pressed the buzzer. No re- sponse. Evidently the young lady had slipped out the back door! Smiling to him- self he lifted the corner of the mat un- der his feet, unlocked the door, replaced the key, and noiselessly entered. Would he have time to make a thor- ough search? Was the person she had just talked with mixed up in the gang for whom he believed she fronted? If only he could find some definite clue that would prove his suspicions! he finished a hasty and futile search of her desk he heard some one bounding up the stairs! He had reached the landing! There, the buzzer! Ford- ney listened intently to the jingle of a | key ring as a key was selected and in- serted quickly in the lock. The door was opened by a typical gangster, who stopped dead in his tracks at sight of the professor. “Who are you?” he demanded an- “get 'em up, young fellow, and an- swer the rame yourself,” retorted Ford- ney, whipping an automatic from his pocket. “Why—I—I'm Bill Clausen,” said the startled man. some of his bravado slip- ping from him. lle,” quietly returned the | “That's a professor. | HOW DID FORDNEY KNOW THE MAN WAS NOT CLAUSEN? For Solution See Page A-T. T ST Guides Learn Esperanto. BUDAPEST (#).—Boys who expect to serve as guides at the fourth Boy Scouts’ world jamboree, which opens here August 2, have learned Esperanto. Numerous English-speaking guides will be ready to ferve American delegates. this emergency--- old and new customers immediate purchases inconven- instantly. S. TIRES 2250 3001 8.5 Sher Ave. 14th st 670 1.C. BANKS SUPRLY | be opened and in operation before the | | stirre PAY ROLL MONEY Institutions Here Open to Meet “Distress Functions” for Depositors. (Continued From First Poge.) that only modest demands for money were being made and expressed keen satisfaction that no depositcrs were at- tempting to get more than their share of necessity funds. “Few people seem to be really dis-| tressed,” one banker said. “The fact| that Government pay checks are being cashed whenever presented probably accounts for the unexpectedly favor- able situation,” he added. Washington bankers today had no information as to when the bank holi- day is likely to end. Further orders are awaited from the President of the United States. However, local finan- clers expected the present limited oper- ations to continue the rest of the week, at least. ‘The 12 Federal Reserve Banks must rest of the banks in the country can function in a normal way. | It was learned today in Washington | banks that thousands of dollars in gold are being rushed to the Treasury by | “hoarders.” Long before the present banking crisis arose, many Washing- tonians were quietly putting gold in their safe deposit boxes. During the 10 days before the bank holiday was declared, this hoarding increased. Could Open Boxes. N(LLLILLLI LI LI I LI AL 11T L N WANTED! An old, one-story frame house —the more dilapidated the bet- ter—that can be moved without too much trouble to & new site in front of the new t of Commerce Building. Paint inside and out should be in poor shape, roof leaky, interior unsightly and modern improve- ‘ments lacking. mn: should N not exceed 20 Any' one wishing to get rid of such a dwelling by donating it to the Renovize Washington Campaign Committee should com- municate without delay with Board of Trade, Room 204, The Evening Star Building. The building is to be used in a remodeling exhibition in con- nection wif the “renovizing” campaign. JIL117771 11117171 1171122/ E1 11 1L TSI L L1111 INSURANCE LOAN VALUES SUSPENDED IN NEW YORK Cash Surrender Rights Also Held Up Except “in Case of Extreme Need.” N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N By the Associated Press. NEW YORK, March 10.—Regulations | suspending the loan and surrender values of life insurance policies of com- panies doing business in this State, with exceptions “in case of extreme need” to the extent of $100 or less, were issued yesterday by George S. Van Schalck, State superintendent of insurance. The regulations apply to all com- panies doing business in the State. Many banks stopped paying out | gold and told their customers to go| to the Treasury if they insisted on | having the metal. They went in| great numbers. Today gold is pour- | |ing back into the Treasury against which new Government money can be | issued in connection with the sweep- | ing currency expansion move. Holders of small amounts of gold in | their safe deposit boxes appeared not to be worried, but renters of big boxes | bulging with gold appear to be “greatly up,” bankers say. ‘While local banks have no records of the amounts of gold now in the hands | of individuals, yet the Government | could, it was said, as an emergency measure, gain entrance to safe deposit boxes by a court order. Local bankers said today that they are very much impressed with the new | emergency bank bill. They are study- ing its provisions with great care. In| viewing the national situation, they | said, it should be borne in mind that | some banks, which for the moment may | not be piaced in the ‘sound list” are really not unsound. They have frozen assets but may be able to work them- selves out as conditions improve. The local Clearing House Association | is to hold another meeting tonight to ! interpret further developments in the | banking situation as they may apply to the banks here. The new emergency ' They take effect immediately and will continue “until further order.” —_—— bill just signed by the President will naturally receive special attention. Although the tickers are silent, all the New York Stock Eehange local offices were open again today with skeleton staffs on duty. “When will the big exchange reopen?” is the question all customers are asking. Word from New York indicates that the market will open one or two days after the banks return to normal opera- tions. It will take time to clear up the business transacted just before the bank holiday started and complete stock payments. Repopr‘ts in the local financial houses show that many traders are putting in orders pending the opening. The ma- jority of these orders, it was said today, are buying orders. Many market fol- lowers here believe the market will ad- vance after the holiday, one reason be- ing the advance which has already taken place in commodity prices. Local brokers are anxious to get back | The reopening | to “business as usual.” of a closed security market always arouses intense interest in price moves, | Quotations always furnish some start- ling surprises, as well as possible shocks. Opening of the Washington Stock Exchange, closed until further notice, also awaits clearing of the banking skies. INVESTMENT PROPERTIES No form of investment has the record of safety of principal and as- surance of regular return as does small properties rented at low levels. Our management of the property offered to purchasers without cost for three years. $1,750—Brick house, 5 r. and b, Northwest section. Rented very cheap at $18.50 per month. $5,750—Brick stcre and apart- ment; hot-water heat; separate entrances. WHITE TENANTS at $67.50 month. Tenants furnish own heat. $8,000—Four brick houses in downtown section; in perfect con- dition. All rented $102 a month. $6,000—Store and apartment on business street; brick building. Rented to separate white tenants at $85 per month. No expenses, We offer the following: $2,250—Six-room and bath brick house in good condition; latrobe heat and elec. Rented to reliable tenants at $28.50 a month. $2,500—A little five-room and bath brick house, front porch, good condition. Rented, $27.50 month to white tenants. $7,500—Two-family flat, near 13th and Spring road; five rooms and bath each; hot-water heat. Rented for $82.50 a month. $5,500—Large brick house ar- ranged as three apts. All rented at $75 a month. Tenants furnish heat. Deep lot. I)E(‘E MBER wr wep ™ That's the enviable record of Washington's leading 100% Independent Dairy—according to latest pub- lished reports of the D. C. Health Department. Can you afford not to give your home such superior Dairy Products? Think it over. OMPSON S DAI A T u R | 4 0 O ILOUDERBACK TRIAL | SET FOR MONDAY :Senate Takes Preliminary 1 Steps to Hear Impeach- ment Charges. By the Associated Press. yesterday in preparation for the trial of Federal Judge Harold Louderback of California on impeachment ch‘r‘a land then continued the proceedings until 3 p.m. Monday to give the House time to appoint new managers to pre- sent the charges. After Senators were sworn in to act as jurors and Vice President Garner took the special oath required for the Senate to sit as a court, Senator Norris, Republican, of Nebraska, in charge, was informed the House could not proceed. House Delay Cause, ‘This, Norris explained to his col- league, was because the House had not been able to select managers to present | its prosecution, to succeed the mana- | gers whose terms died with the Seven- ty-Second Congress Saturday. Four Senators were excused from sitfing as jurors in the case, Johnson !of California and Borah of Idaho, Re- publicans, and Overton of Louisiana and Lonergan of Connecticut, Demo- jerats. Johnson and Borah said they idid not feel qualified, while Lonergan jand Overton notified the Senate they had set in the case as members of the House. | Vice President Garner, Speaker when the House voted impeachment of Louder- | back, informed the Senate he had not voted or expressed an opinion at that | { time and indicated that if members felt | | he should not preside, he would step \aside. There was no comment from members. Asks Expense Money. Chairman Ashurst of fhe Judiciary | Committee, as soon as the Senate re- | ,convcned in the legislative session, pre- sented a resolution for $5,000 for the | expenses -of the Imrpeachment proceed- lings, which was referred to the Appro- | priations Committee. | The charges against Louderback ac- cuse him of malfeasance in office in | connection with several receivership cases to come before him, and allege | “tyranny. oppression, partiality, im- proper and unlawful conduct and mis- behavior.” P TR ‘ Insurance Control Voted. AUSTIN, Tex.. March 10 (#).—The | Texas House of Representatives yester- | pay passed, with amendments, a Senate bill to give the State Incurance Com- mission and the governor extensive powers to protect life insurance com- panies during the financial crisis. RUSH PRINTING EXPERT SERVICE HIGH GRADE —NOT HIGH PRICED BYRON S. ADAM "I Never Désagooms™ | | | Guarantee of Real Root Juices When at the foun- tai k for this delicious beverage by name. Genuine ires R-J Root Beer costs you no more than che oil: flavored imitations. So always ask for Hires R-J Root Beer, not for“root beer™. | fhid dishes that may be pri Cheese. its savory freshness, its Made fresh every day dish for many appetizing Chestnut Fa MiLK R(ecommended by Washington Physicians for its PURITY, SAFETY ana SUPERIOR QUALITY Phone Potomac 4000 for The Senate took preliminary steps | Doy This rich, fruity cheese loaf is only one of a dozen of delicious Lenten Chestnut Farms Creamed Cottage Taste it—note its full flavor, World’s Model Dairy, and delivered to your door every morning...the main ners. Place your order today. Serves 64 Years, State Department Employe to Retire Hull’s Praise Delights Colored Doorkeeper for Secretary. Eddle S8avoy, 77-year-old colored doorkeeper for the Becretary of State, is planning to retire Saturday after 64 years of continuous service in the State partment. Being much beyond the regular re- tirement age, Eddie has been receiv- ing from the Government only his re- tired pay, but during Secretary Stim- son’s regime the latter personally made up the difference betweer this and the position’s regular salary. Eddie said he had announced to Secretary Hull his intention of quit- ting at last, and his eyes shown with appreciation as he added: ‘The Secretary told me I had a very fine record and that he was going to have it printed and placed in a very conspicuous place in the State De- partment.” For a great many years, Eddle has been one of the best known personali- ties in the Government service. His :‘l;! has been demonstrated many es. Injured by Street Car. Orid Sandidge, 66, of 705 Sixth street, suffered a fractured arm today when struck by a Capital Traction Co. street car at Fifteenth street and New York avenue. He was treated at Emergency Hoepital. U. S. CONTRACTORS PAY OFF DESPITE HOLIDAY More Than 6,000 Workers Receive Remunerations in Cash Today. in Shroughiout. the Capital tod oul paid oi'n cash. The entire group J workers is estimated at more than 6,000. Some contractors, it was learned, brought in currency from sources out- side the city in order to be able to pay off their men on time. There was no delay in meeting the regular weekly pay rolls, it was said. ‘While figures were not available as to the exact amount of money paid out, [1t was estimated by some engineers to be more than $250,000. e CUBAN BANKS REOPEN Restrictions on Withdrawals to Continue for 15 Days. By the Associated Press. L ) reopen today, the four-day holiday ordered by Presi- dent Machado. United States banking houses are provided with about $27,000,000 in new money. Withdrawals are cted to 10 per cent for the next 15 days by presidential decree. Hoboes Fight to Wash. 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Make sure that you will have plenty of that good D & H Anthracite (hard coal) on hand for such emergency by Don’t Let Your Coal Bin Get Too Low Between now and warm weather there’ll be many windy days when you'll want to “take the chill off the house™ COTTAGE Cheese Loaf esss—dash onlon Juice teaspoons fat drippings tablespoon chopped parsiey % tablespoonful mustard % to 1 teaspoontul salt Dash cavenne and papriks L 4 L 4 L 4 Chestnut Farms Creamed —tomor epared with A gel enoug%x asking. fine quality. here at our Gentlemen: Lenten din- Cheese. COTTAGE CHEESE row night for dinner at our expense nerous sample. for this recipe, is yours for the More than Chestnut Farms Dairy Pleqse send me a free sample of Chestnut Farms Creamed Cottage Address rms £ Phone. .. Clip this coupon! Service Drop it in your Chestnut Farms milk bottle . . . or mall it to us tonight. Phone POtomac 4000 for Service 26th & Penn. Avenue N.W.