Evening Star Newspaper, March 16, 1933, Page 2

MACDONALD ASKS BIGER REICH ARMY British Premier Would Double | Limit Fixed by Versailles Treaty. 3G of the Medes and the Persians,” he sald, “they can be altered.” Calling Germany by name, Premier MacDonald declared that “recent events, and speeches” have not helped those | seeking to establish peace and justice in the world. He quoted with approval the German assertion that” “either Germany must be given justice and peace, or. the-werld is going to destruction.” There must be contributions from France and the other armed poiwers, he told the conference, and also from Germany and her defeated World War allies if the efforts to attain disarma- ment and tranquillity are to succeed. ‘The problem of disarmament is large- 1y psychological, he declared. “Put fear into my heart” he said, “and I relapse into that old highland nature which I have been doing my best to tame here at Geneva. “The sky is very cloudy now,” said he, evidently alluding to the German situation, “but the duty of the states- men here is to create an atmosphere which will dispel the clouds.” “My friend, Nadolny (German repre- sentative), wants to know what he is going to get for what he gives,” said the British premier, “My friend, Dala- | dier (the premier of France, also anxious for peace, says: ‘I am ready to surrender military security as soon as I receive another kind of security which will make me feel as safe as I did_before.’ “The British plan which I am going to propose here today will satisfy no- body,” he warned. “Wherever 4 or 5 people are gathered together—to say nothing of 50 or 60—the man who thinks he is going to get full satis- faction is just a common, ordinary fool.” Then he beggn an exposition of the 4, | Relchsbank: Resigns | DR. HANS LUTHER. | Who resigned today as president of the {DAVIS IS APPOINTED CHAIRMAN OF U. S. ARMS DELEGATION | (Continued From First Page.) that even a minor success should be welcome since it indicates a step for- | ward and would prevent & spectacular breakdown of the conference. Mr. Davis is familar with the Geneva set-up, where he has been the chief American spokesman under thé Hoover administration. He is of the opinion | that the conference never could have yielded all that its organizers had hoped that it would yield. He also believes that there can be no positive results | at Geneva unless the world is in a bet- ter shape economically, and conse- {quently there must be a harmonization of the Disarmament Conference with | the Economic Conference, THE EVE SENKTE HOLDS UP BNGHAN'S NAME Committee .Ij;epori Favors Daniels-and Straus as A_mha:sadors. By the Associated Press. Two of President Roosevelt's first three major diplomatic choices were approved quickly foday by the Senate Foreign Relations Committee and or- dered favorsbly reported to the Senate for consideration, but action on the nomination .of Robert Warth Bingham of Kentucky to be Ambassador to Eng- land was delayed until next week, The two -ordered favorabl, with little ' discussion were " Daniels of Nerth Carolina, Ambassador 1 to Mexico, and Jesse I, Straus of New York, Ambdssador to France. Speeches Investigathd. Chairman‘ Pittman told, newspaper men the .nomination of Bingham went over until next Wednesday to permit the committee to inquire into sdme speeches the Kentuckian made in Scot- land about & -year ago. These speeches were presented to the committee by Senator Robinson, Re- publican, of Indiana, and were inter- preted by Him, Pittman said, to show & strong pro-British feeling that he fn(nll‘ndrd the committee should look nto. The charge that Judge Bingham had been denounced by the Kentucky Supreme, Court “as a fraud perpetra- tor” was made in the House yesterday by Representative May, Democrat, of Kentucky. May said his speech was prompted by an editorfal in the Louisville Courier-Journal, published by Bingham, assailing himself and three other Ken- tucky House members for voting against i the Roosevelt economy bill. Cites Election Probe. Judge Bingham ran for county at- torney in Jefferson County, May said, and “so corrupted the election by con-- spiracy and corruption that the ballot NG_STAR, WASHINGTO CHANG'S OLD ARMY Troops Continue Fight Against Japanese at Hsifengkow Pass. By the Associated Press. PEIPING, China, March 16.—Despite the withdrawal of Chang Hsiso-Liang, former North China military overlord, Chinese troops are continuing an active resistance of the Japanese advance at Hsifengkow Pass through the Great Wall, 100 miles northeast of here. Both Chinese and Japanese sources confirmed this fact today. (Chang Hsiao-Liang resigned recent- ly as commander of the Chinese forces o] ing invading Japanese and Man- chukuoan troops in Jehol Province. He assumed the responsibility for the loss of the territory and then went to Shanghai, ostensibly ¢.1 the way to Eu- rope, after the ignation was sccepted by Chang Kai- ek, Chinese general- issimo.) Defense of the in the hands of Gen. Sung Cheh-Yuan, formerly one of the strongest fighters serving under the banner of the Christian general, Feng Yu-Hslang. Gen. Sung’s 30,000 well equipped troops include a brigade of the so-called “big swords” who hacked some of Chiang Kai-Shek’s best divisions to pleces during the Kouminchun revolt two years ago. These forces now are harassing_the invaders with repeated night raids un- der the shadow of the Great Wall. Delayed Chinese dispatches reaching here said that a battle began last Thurs- day, when the troops of Wan Fu-Lin, former governor of Hellungkiang Prov- ince, retreated from Kuancheng, 20 miles north of the Great Wall, with the Japanese in pursuit. serve 30 miles south of Hsifengkow, at once began a forced march to the pass. Upon reaching there a picked battalion of swordsmen, stripped to the waist de- spite the intense cold, made a night at- KEEPS UP DEFENSE| Sung'’s army, which was held in re-| D. C, THURSDAY checks from the various institutions of the city. MARCH 1 HOUSE POSTPONES BANK,BILL ACTION Treasury Given Time for Further Study of Robin- son Measure, By the Associated Press. Chairman Steagall of the House Banking Committee said today the Senate resolution to provide for di- rect Federal Reserve Bank loans to non-member State banks “will be de- layed temporarily.” Steagall said the delay was designed to permit further study of the measure at the Treasury. “The Treasury may want to pro- pose some changes,” Steagall explained, “so we will delay il temporarily.” The measure, sponsored by Senator Robinson, the Democratic . leader, reached the House today after being held up in the Senate for a day after approval there. It was referred im- mediately to the Banking Committee. “The committee may meet on it to- morrow,” Steagall said, “but I am not certain of that yet.” Representative Byrns, the Demo- cratic leader, said the measure would be considered us soon as Steagall's com- . | Hose Photo shows scene in the Washington Clearing House headquarters this morning as bank runners were exchanging Charles E. Bright of the National Metropolitan Bank, manager of the cleariiig house (extreme left), and Silas E. Moore, also of the National Metropolitan Bank, assistant manager of the clearing house (extreme right), are supervising the exchange. —Star Staff Photo. CONFIDENCE SHOWN IN NEARBY BANKS | limited to 2 per cent withdrawals, a number of new depositors appeared. At the Prince Georges Bank & Trust Co.. Hyattsville, J. Enos Ray, president, announced a “very successful day, with normal withdrawals” and approximately $200,000 taken in deposits. He stated also that hoarders and other gold holders have brought in $30,000 worth of the yellow metal since it was made “hot” by the President last week. D. . SETTLES DOWN TO BANK NORMALCY mittee reported it Banking debate broke out in the when Representative Busby, Democrat, of Mississippi, said there was a $50,000,000 profit for banks in issuing the new Federal Reserve bank cur- rency. Bonus Question Brought Up. “A bank takes a Government bond paying 4 per cent interest and gets cur- rency for it,” he said. “It has the use of the currency and collects the interest on the bond at the same time.” Then he brought in the veterans’ bonus question, asserting the Goven ment has been paying to the “pluto- cratic class.” “Since 1917, the interest paid on tax-exempt securities has been $11,614,- 000,000. That is a bonus peid to the big boys and you haven't heard any complaint about it. We ought to re- lieve the taxpayers of this cost.” ! plan evdlved by the British. boxes were disregarded and the Supreme | tack along the top of the wall, where | Deposits Rolling In. Senator Huey Long of Louisiana un- Features of Proposal. It has five feutures, he said. First, it would endure for a fixed period of five vears. Second, it is not a rearmament treaty. Third, it pro- vides for supervision of its execution. Fourth, it proposes the creation of cpe- cial bodies to deal with outstanding political problems. Fifth, it contains figures. “This is the first time shybody ever ventured to propose figures. and these figures are not unalterable,” he said: The British plan proposes reduction in the number of tanks and heavy mo- bile land guns, prohibition of air bomb- ing with certain exceptions, abolition of military and naval aircraft provided some means can be found to guarantee protection against the menace of con- verted civil aircraft. Roused by War Talk. Talk of war and of armament races stirred various European capitals to- day while the heads of chief nations were getting together to try to avert threatening clashes. Isolated instances. which a few months ago might have passed almost unnoticed, aroused fear and suspicion. Premier MacDonald and Foreign Sec- retary Stmon of England will talk Saturday in Rome with Premier Mus- solini in the Duce’s first international conference in eight year: Premier Daladier of France hastencd to Geneva last night to see the British statesmen again after parleys with then last week end. His decision came suddenly after the announcement they were going to Rome. s “Anything Might Happen.” Unconfirmed reports in Rome said Adolf Hitler of Germany may join the| Mussolini-MacDonald conference while attempts to confirm this in Berlin | brought the official response that “any- | thing might happen.” { Premier MacDonald has a disarma- ternational efforts to seek an agree- i For this reason, he s said to be of the opinion that the American Gov- ernment must do its utmost and ne | instrumental in keeping the Geneva | Conference alive in order to make pos- | sible the success of the Economic Con- | ference which, in turn, would have | important effect upon eventual furthe: disarmament. Suggested Bureaus. It was Ambassador Davis who sug- | gested the idea that the Disarmament | Conference must be kept alive by or- ganizing bureaus at Geneva to deal | with the more important aspects of the question as they will come up in years to come. All the efforts of the participants at that parley must’ be directed to induce all the interested cept even & minor agreement in prin- ciple at the present time, leaving the major questions, such as the German claims for arms equality, to the future. Ramsay MacDonald is of the same opinion. He 1is willing to use Great Britain's prestige to induce France to give Germany arms equality, in prin- ciple, leaving the details to be worked out when Europe will be in a less bellicose frame of mind. For the time being, it seems that France is co-operating with the British to keep peace in Europe. It is because of strong French representations at Warsaw that the Poles have withdrawn the small contingents they had sent into the Polish Corridor as a “precau- tionary measure.” The joint British-French representa- tions to Belgrade have caused the Yugo- slav government to cease temporarily, at least, the concentration of troops at the Itallan frontier. ‘Will Visit Rome. But the key to the Disarmament Con- ference seems to be today in Musso- lini's hands. It is on him, who only a vear ago was described as the great | “saber rattler,” that the eyes of the world are turned to save the Geneva conference. Ramsay MacDonald and Sir John Simon are proceeding to Rome Saturday to have & heart-to-heart talk with I Duce. ‘They hope to enlist his full ment for reductions. Disarmament was | officially reported as the subject of the | conferences between the premiers. But unofficially a widespread bellef | is voiced, particularly in London. that & new order of European alliances, | such as those that preceded the World | War, is being organized. French gov- | ernment leaders are openly sceking an | understanding with Great Britain and even the United States—calling 1t “democracies” against “dictatorships.” British leaders, such as Winston Churchill and Lloyd George, of oppos- ing political faiths, warn the traveling British government chiefs not to come home with “entangling alliances” and not to discriminate between France and Germany. Czechoslovakia Confident. Herriot of France protested today in 8 newspaper article that British charges that PFrance is militaristic are wrong. Replying to a parliamentary ques- tion, Defense Minister Bradac of Czechoslovakia—France’s ally on Ger- many’s eastern border—said last night he “has full confidence in the army's power of resistance.” *“The uncertain situation ebroad” was quoted by his questioner, Poland, another nation in close re- lation with France, and Germany have momentarily weathered a threatening crisis involving the free city of Danzig and reported troop concentrations in the Polish Corridor. Poland has prom- ised the League its border military gar- risons will be reduced to a minimum. ‘The warlike activities of Hitler's Nazi storm troopers and the Stahlheim in | Germany and the llweat of Hitlerites gaining control in Austria and uniting the two Germanic nations have their neighbors worried. France has pro- tested to Germany against concentra- | tion of Nazi troops in the Rhineland | border area. Balkans Real Danger. Italian Deputies launched a broad- | side vesterday against the alleged “mad | ming” of Yugoslavia and Rumania. These two countries and Czechoslo- vakia recently reorganized their little entente. Hungarian newspapers de- manded an explanation of reports that it included a plan for military occupa- ton of that country and received a | flat denial. | The recent report of arms shipments to Hungary from Italy via Austria | | stirred up suspicions of a new triple alliance among those . countries and Germany. Strong protests from the little entente and France and England brought a promise that the arms would be returned. The Fascist rulers of Germany, Hun- gary and Italy have made complimen- tary remarks’ concerning their common Deliefs and it remains to be seen whether their political ellies can bring Austria in line with them. British and French newspapers re- gard the Balkans, as in 1914, the real danger spot on the European map. INSULL HEAR.ING PUT OFF Extradition Proceedings Delayed by Illness of Canadian Judge. ‘TORONTO, Ontario, March 18 (#).— Extradition proceedings against Martin J. Insull, under indictment in Chicago in connecticn with the collapse of the Middle West Utllities Co., were post- poned today until March 25 because of the jllness of one of the judges. varfous | E: support to induce the Germans to ac- cept whatever insignificant agreement may be reached at Geneva before the ster recess. This move on the part of the Brit- ish premier and his foreign secre- tary was decided upon after the two men took stock of the chances of suc- cess of the arms parley. They have both come to the conclusion that the conference was doomed unless Ttaly was willing to exercise her influence over Hitler and induce him to accept a nominal equality in arms, instead of an effective one, as the Germans claim at the present moment. Mussolini is reported to have Been somewhat hesitant about see! Mac- Donald. The relations betwec: Great Britain and Italy are cordial, but in the disarmament question the British and the Italians do not see eye to eye. Want Real Reduction. From the outeet of the arms parley the Italians have taken a very definite and clear attitude. They have re- peatedly said that the conference can- not succeed unless the nations gathered there are willing to make substantial reductions in their present armaments. This is the reason why the Italian dele- gates b always worked in full harmony with the representatives of the United States. The British® were less sanguine about “de facto” reduc- tions; not because they want to spend money on armaments or desire to have a bigger army than they have at pres- ent, but because they have been work- ing in close co-operation with the French, who do not want to disarm un- less they obtain adequate guarantees for their security and that of their allies. The Italians have been ready several times to leave Geneva because they. did not believe that the conference could achieve anything constructive, but they have been so far prevented from aoing so by the American and the British governments. The Italian thesis has never changed. They still are of the opinion that an agreement of form only can be ot no value to anybody. They heretofore per- |sisted in this point of view and have | Informed the other governments that it would be useless to try and gdjourn the conference after having an agreement, of no importance. Italy, Mussolini says, is willing to disarm. The will support no fake disarmament. The British, on the contrary, believe, like Ambassador Davis, that any agreement is good enough for the time being in order to keep the conference alive. and MacDonald is going to Rome with the hope that he may induce Mussolini to allign himself to the British and Amer- ican thesis and thus save the arms parley. POPE TO BE REPRESENTED BY MSGR. CICOGNANI New Apostolic Delegate Here Suc- ceeds Fumasoni-Biondi, Re- cently Made Cardinal. By the Associated Press. VATICAN CITY, March 16.—The appointment of Msgr. Amleto Giov- anni Cidognoni as apostolic delegate to Washington from the Vatican will be announced shortly, it was stated officially today. He will succeed Pietro Cardinal Fu- masoni-Biondi, who was made a cardi- nal Monday. nations and especially Germany to ac- [* Court of the State denounced him as a fraud perpetrator.” May said Bingham had opposed many Democratic nominees in Kentucky. “Did the gentleman prior to the nomination by the President furnish the President with a list of this man's political affiliations?” Representative O'Connor, Democrat, of New York, asked. “No, tuni May replied, “I had no oppor- v to do so.” ment for days that he was to be ap- pointed,” O'Connor commented. 1 MRS. ROOSEVELT HAS VERY BUMPY FLIGHT RETURNING TO CITY (Continued From First Page.) for a visit of less than 48 hours, shooed away the police detailed to guard her yesterday, walked down Fifth avenue, bought a tea strainer for the White House, lunched at the Women's Trade Union League, and attended a wedding, wearing her inaugural gown. Her encounter with the police oc- curred as she drove up on the opposite side of the street from the Women's Trade Union League. on lower Lexington avenue. She arrived in a taxicab. Four policemen were lined up in front of the league. “My word,” she said, “what are all those police doing there?” Then, as the realization struck her, she jumped out of the cab-and hurried across the street. “What are you doing here?” she de- mn.a;led of one of the policemen. ma’am,” he replied meekly. “I don’t want any guard,” Mrs. Roose- velt replied firmly. “I don't need any guard. Nobody is going to harm me. I want you to go away.” “We can't” the policeman replied. “The captain sent us. We've got to stay. They've sent police details to very place where you're going today.” ‘What can I do to get rid -of you, se?” sald Mrs. Rocsevelt, “You might send for the captain,” the policeman suggested after a mo- ment’s hesitation. Mrs. Roosevelt passed on into the club and right upstairs to the telephone. Indirectly she got in touch with Com- mi:sicner Edward P. Muirooney. A few minutes later a police captain appeared. “They told me to send 10, but I only sent 4 because I knew you wouldn't Tike he said soothingly. “Well, please take them away,” Mrs, Rooseve.t smiled. They went away. Has Busy Day. Today was as busy as Mrs. Roosevelt's days in New York used to be before she moved to Washington. And there was & broad smile on her face all day as she hurried from appointment to appoint- ment. She started the day at 9 o'clock, at- tended the opening exercises at the school where ‘she used to teach, and made & speech, Asked to tell the girls something about Washington, she pic- tured to them something of the excite- ment and activity in the White House last week, “You can get & thrill,” she said, “out of history in the making, even though you are not responsible for it yourself, but only an onlooker. “I didn't dare go to bed nights lest something interesting happen while I was asleep. We were all up, all hours, “Finally last Friday night things had settled down enough so that we got to bed fairly early, but at 12:30 a.m. I was awakened by the telephone in my room and was told about the Los Angeles earthquake. ‘I went in and wakened my hus- band. He told me to wake up Mr. Howe and Mr. Early and to get in touch with Los Angeles. “‘But_they say the wires are all I told him. “‘Well, get in touch with Los Ang- eles, anyway,’ he said.” From the school Mrs. Roosevelt went to the dentist and to an ear specialist. Then she visited the office at Demo- cratic State headquarters where gshe used to work. Receives Message. Next came the luncheon at the Wom- en’s Trade Union League, where 40 or 50 unemployed girls and women told her to take back to Washington to her husband a message. It wasn't written. but it was given to her verbally, some thing like this: “Tell him we think he's doing a grand job and we hope he'll keep right on going just as hard in the same direction.” Then she started wilking, having moved about previously .in taxicabs. She visited several social agencies in which she has been interested, shopped on Fifth avenue, purchasing a $3.50 silver-plated tea strainer and some linen tea napkins—she said they were for the White House—and finally ar- rived at her house in Sixty-fifth street, with a short half hour in which to dress for the wedding. Less than 30 minutes later, wearing the Eleanor blue erystelle velvet gown she had made for her husband’s in- augural, she hurried across the street to attend the wedding of one of her former pupils, Miss Anne Ward, and Orville Rundle Gilbert. Tonight Mrs. Rooseyelt had a private dinner engagément with friends. She will return ‘Washington W mom!ng; “If the weather is suitable. I'll fy.” “If it isn't I'll have to take “I don't need them.” she said. 8 train about 8 o'clock. because I have to be back at the White House for - lunch’ “The ,newspapers carried the state- | been detal'ed to guard you, | | Japanese were driven off to hills just outside the pass. Heavy fighting was said to have oc- curred in thé succeeding days, with considerable casualties on both sides. Chinese claimed their forces still held the pass, but a further assault was an- ticipated when Japanese re-enforce- ments arrive from Pingchuan and other points. « New Tactics Planned. Japanese press dispatches admitted | that the situation at Hsifengkow was | being watched with great concern, as each successive attack by Sung's swords- {m»n increased the Japanese casualty ist. A Rengo (Japanese) report from Hsifengkow said: “The Japanese mili- tary authorities appear to have made up their mind to reluctantly resort to | the second stage of the military oper- ations.” taken in conjunction with This, similar official and semi-official decla- | rations, was interpreted to mean that |if Chinese resistance continues the | Japanese will bomb Chinese concentra- tions inside the Great Wall and pos- ! sibly dispatch an expedition up to Luan River Valley from Shanhaikwsn or some other convenient point along the coast. 'PHILIPPINES MISSION S T0U. | Two. of Five Members to Stay, Awaiting Arrival of Quezon as Head of New Group. he Associsted Press. MANILA, P. I, March 16.—Philippine | legislators voted today to recall remain- ing members of the independence mis- sion in Washington, D. C., except Sena- tor Cergio Osmena and Marmuel Rox: Speaker of the House. The expense of maintaining the mis- sion and the fact two months have elapsed since passage of the act proffer- | | for_the action, | Osmena and Roxas were directed to |await the arrival of Manuel Quezon. President of the insular Senate, who sails Saturday as head of a new mis- |sion. Those returning are Representa- | tives Pedro Sabdio and Tria Dirona. | The fifth member, | Montinola, is in Europe. BRITAIN DISTURBED | Soviet Delay in Detailing Charges Against King's Subjects May Call for Note. By the Associated Press. the British government takes of the arrest of six British subjects connected with the Metropolitan-Vickers Co., in Moscow, was pointedly presented to I. M. Maisky, Soviet Ambassador, at the foreign office today by W. A. Van Sit- tart, an attache of that office, in the absence of the foreign secretary, Sir John Simon. Soviet delay in detailing charges against the British subjects and in affording facilities for their defense continued to be regarded seriously in Downing street. The House of Commons todsy awaited a further statement by Stanley Bald- win, president of the council, whether Ambasasdor Maisky during the foreign office conference was able to satisfy the British demands. Stanley Baldwin, president of the council, said in the House of Commons yesterday that strong representations would be made to the Soviet govern- ment. e HUNGER STRIKE ENDED AFTER FORCED FEEDING 78-Year-Old Man Prefers to Take Food Voluntarily Rather Than Be “Stuffed Like Fowl.” By the Associated Press. EDMORE, Mich, March 16.—Joseph St. Peter. grumbling all the while, today abandoned his hunger strike and for the first time in 14 days volunt:rl]y ate a meal. St. Peter was forcibly fed a pint of broth yesterday through a tube that was shoved down his throat by a doctor while a deputy sheriff held him. “If they're going to stuff me like a fowl I might as well eat it miyself,” St. Peter, who is 78, said this morning. He sat down at his breakfast table and ate what relatives sald was “a real good breakfast.” 8t. Peter, who yesterday began to fi'm h:‘ WE P‘nw mmnlrk“ e S jer e with the announced munu::' of starv- ing himself to death, aj as active as ever this morning. left his bed room without assistal the Japanese were bivouacked. ~ The | S. IS RECALLED ing independence were cited as reasons | Senator Ruperto | BY MOSCOW ARRESTS| LONDON, March 16.-The grave view | Virtually Every Institution in Metropolitan Area Gains in Deposits. | Reassured by the display of confidence | on the part of depositors vesterday, bank officials in nearby States eascd the re- strictions under which some of the in- | stitutions were operating and licensed | several new ones to open today. Meanwhile the bankers themselves in institutions that have not been per- mitted to resume operations on an un- | restricted schedule devoted their full | | time to plans that would permit them | to get back on a 100 per cent basis. In many instances these included reor- ganization. The Bank of Bowie was the only one in the vicinity of Washington# which demonstrated its strength to such an |extent in a single day that the 2 per | cent withdrawal restriction on it was | promptly lifted. Receiving Tellers Busy. Without exception the banks in the metropolitan #rea surrounding the Capital City reported business to be | brisk at the receiving teller's window on the first day they have been per- | mitted to open since the national bank- !ing holiday. while the paying tellers found themselves for the most part with time hanging heavy on their hands. In addition to lifting the ban at Bowie, State Bank Commissicner John J. Ghingher of Maryland permitted the Bank of Hampstead, Carroll County. to allow 10 per cent withdrawals today instead of 2 per cent. He also licensed the Mercantile Sav- ings Bank of Baltimcre and the St.! Michaels Bank, Talbot County, to re- cpen on a 2 per cent basis. These institutions were closed yesterday. | Another Maryland benk which will open | for the first time today is the Forest Hill State Bank, Harford County. which will function cn a 100 per cent basis. Reorganization plans of the Union Trust Co. of Baitimore and the Balti. more Trust Co. were reported progress- | ing satisfactorily. These two large institutions, fami izr to most Maryland- ers, are to be replaced by national banks. | Record in Deposits. Officials of the 10 banks that have resumed operaticns in Montgomery County reported today that deposits at the end of business yesterday aggre- ! gated nearly twice those of any previous | day in their history. | The deposits made in one bank located in the metropolitan area tctaled nearly $3,000,000, while those of anothe: inctitution in the same district threat- ened the $2.000.000 mark. R. Weir Waters, president of the | Takoma Park Bank, said this mornin that more than $2.700,000 was placed on deposit by patrons of that institu- ticn and that that figure far surpassed the total of withdrawals. * The Silver Spring National Bank re- ceived $66.725.36 for deposit during the day, according to Ira C. Whitacre, cashier, who declared that the amount of deposits exceeded the total with- drawals by $45,725.36. Both Waters and Whitacre asserted | that withdrawals were mainly on checks | | which were issued before or during the | Maryland banking holiday and Presi- dent Roosevelt's proclamation and had accumulated at the bank during the two periods. Some Gold Received. Regular depositors, they declared, showed no inclination to make with- drawals except for groceries, light, heat and other household necessities. Two other banks in the metropolitan district handled exceptionally large amounts of depgsits. S. Walter Bogley, vice president of the Bank of Bethesda, | and A. L. Votaw, cashier of the Citi- zen's Bank of Takoma Park, both said that deposits at their respective insti- tutions were twice as much yesterday as they are normally. All four banks in the area immedi- ately adjacent to the District of Co- lumbia took in some gold in lmulli amounts from their depositors. ley | said that between $10,000 and $15,000 | in gold was turned in at the Bank | of Bethesda during the day. No heavy | gold deposits were made by any one person, however, he declared. The Farmers Banking & Trust Co. of Rockville and the Bank of Damascus, the only members of the group of 10 county banks open for business that are operating on a restricted withdrawal | basis, continued to grant its depositors | 2 per cent withdrawals today. Awaits U. S. License. ‘The Montgomery County National Bank at Rockville, the only bank in the county which is not open, was still awaiting_today its license from the Federal Reserve Bank at Richmond to resume business. The bank had ap- plied for a license to reopen on a 100 per cent withdrawal basis, according to the cashier. The banks of Prince Georges County were still taking deposits rapidly today, although business was much nearer normal than yesterday which witnessed a rush of depositors who threatened to swamp employes of seyeral financial in- stitutions in their eagerness to bank their money. Another Prince Georges bank was opened to do business on a 100 per cent basis this morning—the Bank of Bowle —and according to William Luers, cashier, business in deposits was 30 brisk that the office force wgs unable to handle it as it arrived. Luers said he believed the restriction placed on the bank yesterday was a mistake, | | | | {Washington Stock Exchange overed the State bank bill delay in s Despite the fact that depositors were Although the institution is restricted to 2 per cent withdrawals, pending re- organization In order that they might get into the Federal Reserve system, the Eastern Shore Trust Co. Upper Marlboro, took in $2,458 from de- positors, compared with withdrawals of $167. William E. Sipe, cashier, said officials and employes are working on the re-organization, and it has not been determined definitely what day the changes will go into effect. He said “Deposits are rolling in this morning.” William S. Hill. cashier of the First National Bank of Southern Maryland, also in Upper Marlboro, said: “Business is fine, we received $26.000 in deposits | yesterday, witk withdrawals about normal * The Citizens’ National Bank of Laurel reported $44,000 in deposits yesterday, approximately $31,000 more than with- drawals The Brandywine Bank, which was also opened 100 per cent, had many more deposits than withdrawais. Almost all of the money brought into the banks yesterday, bankers said, was either “new” money. accumulated since the closing, or cash withdrawn some time ago, as there were no heavy with- drawals in the county just prior to the holiday. Withdrawals Small. The seven banks in Arlington and Fairfax Counties reported total deposits yesterday of more than $270.000. with withdrawals far under the average for a day's business. One bank, the Arlington Trust Co. announced tolal deposits of more than $100.000 and not a single withdrawal check of more than $25. As was the case in all of the other banks, there | were many new accounts opened. ‘The Clarendon Trust Co. also had de- posits of more than $100,000, with prac- tically no withdrawals. It was the largest day's business in the history of the institutioh. Deposits in the Herndon National Bank totaled more than $20.000. Thee were a number of new accoumts which, coupled with old accounts, made one of the largest cays for this bank also. The Falls Church Bank took in proximately $20,000, including several new accounts and the retention of all existing accounts. Total deposits of ap- proximately $16.000 were made in the National Bank of Fairfax, with with- drawals light. The Vienna Trust Co. took in $6.291, which is about twice ihe usual day's business for that institu- tion. Despite the fact that it is operating upon a maximum 5 per cent withdraw: basis, the People’s State Bank of Cherry dale reported deposits above the aver- age and several new accounts. Officials refused, however, to give any figures, claiming that they would not be a fair | indication of what could have been ex- pected if the transactions of the insti- tution had been unlimited. 740 BANKS OPENED IN FIFTH DISTRICT Other Authorizations to End Holi- day Up to Officials of Several States. By the Associated Press. RICHMOND, Va., March 16—At least 740 national and State banks within the States comprising the fifth Federal Reserve district are authorized to open and further authorizations are expected momentarily from State au- thorities. A tabulation at the close of business yesterday showed 320 banks in Vir- ginia licensed to do business, 149 in Maryland, 20 in the District of Co- lumbia, 94 in North Carolina, 19 in South Carolina and 138 in West Vir- ginia. . Observe State Holiday, Of the 19 granted permission to open in South Carolina only 5 were open for restricted business. Among those| Conservators of the 13 Washington | licensed were four State bank members of the Federal Reserve system, but they remained closed in compliance with the State-wide banking holiday. North. Carolina had opened 64 of 330 State banks and 29 of its 42 na- Resumes First Activity Since Bank Holiday. ‘ | | While Washington bank clearings fell | off today substantially from vesterday's | big total, the National Capital settled | down today to more normal business | than at any time since the President's | bank holiday, despite the fact that 13 still are in the hands ot | conservators. Evidence of return to normal banking conditions was seen not only in depasits made throughout the city in the 20 open banks, and the building and loan assoclations, but also in figures of the Washington Clearing House Association. | Meantime the Washington Stock Ex- | change resumed activity again tod: for the first time since the bank holiday. Checks Cleared Decrease. | At the Washington Clearing House | this morning checks cleared dropped | appreciably from the high total of yes- terday, But showed that the city is| getting back again on a checking basis after being deprived of the privilege for | several days. | Clearings vesterday rose to the total of 8288836593, as compared with $2,448.030.71 on March 3, the last day of activity before the clearing house was closed by the banking holiday. Today, however, the total checks cleared dropped to $1.716,728.31. Part of the big increase of yesterday was said to be due to the Government pay day, with many Government emploves opening new accounts, or depositing their checks in old accounts. The clearings today were also somewhat below the average for the last few days prior to the President’s proclamation on the banking holiday. For instance, the clearings here March 2 were $2.488.313.02; on March 1. $3.819.012.11; on February 28 they were $2.345.611.16, and on February 27 they were $2,286.- 369.20. The decrease in bank clearings today also was explained in part by the fact that 13 banks whose checks were flow- ing through the clearing house before the holiday are now temporarily, at| least. out of the picture. The decreace in check clearings today was also said to be due to conditions generally throughout the country, where banks are still gradually_opening The big flood of accumulated checks having ‘been put through the local clearing house prior to today, it is now expected that more normal conditions will be resumed gradually as banks open throughout the country, and checking is thus brought more nearly back to normal. Public Radiates Optimism. H. H. McKee, president of the Wash- | ingion Clearing House Association. to- | day declared the spirit of the public | again radiated optimism, as more new | accounts continued to b> opened | throughout the city and additional de- | posits were added to old accounts. | _Pay day in the Government yesterda¢ resulted in larger crowds in the lob- bies of all open banks and building and | loan associations, he said. Reports were being received by Mr. McKee tocay from all banks, he said, showing the amount | of depcsits received yesterday. He had not received complete reports and could make no estimate as to the total de- posits, but was very much pleased at the showing based on figures up to noon today. Banking business from now on here in Washington, Mr. McKee believe will continue on the upgrade as the whole banking situation throughout the country is clarified. The local financial situation here in Washington, at the Nation's Capital, is closely tied up with | various parts of the country, because of | the cosmopolitan population of this city, | with members of Congress, and other | people here from all over the United States, it was explained. Local bankers, therefore, are closely watching the | gradual clearing up of the banking busi- Dess over the Nation, and are expecting this clarification to be reflected in a gratifying way in banks of this city. Conservators Meet. | i | banks which did not receive Govern- | ment licenses to resume 100 per cent operations were understood to have held | | @ meeting last night at which numerous | phases of the situation were fully dis- | cussed. As previously stated,- during | the Senate by questioning Robinson as to why the House had not received it. The majority leader replied that Woodin had requested that it be held up and that Glass wished to ask re- consideration. Robinson also said the Reserve Board wanted time to study it first. Myer and Mills Assailed. After Robinson explained the situ- ation Long said “If we have to get permis ion cf this gang, the Federal Reserve Board. we are in the hands of a very bad set of doctors. If we've got to wait on that board we’ll put the State banks out of business. “To my friend the President I'll say that he better get this set away. If he wants to do anything g-od hed better rice Eugene Myer and Ogden L. Mills out cf town.” Late in the day Secretary Woodin said in a formal statement that licenses were being granted banks throughout the country with all possible speed and that, while every possible effort had been made to act upcn all applications, dels in some cases had been found inevitable. “In some cases, also, steps are being taken which as soon as completed will make it possible for reopening to be licensed,” he said The passing upon applications of banks to recpen for normal functions has taxad the Treasury and office of the controller of the currency to the utmost, Woodin said. “Additional licenses will be issued from time to time and the public should understand that banks *hereafter censed to be tions are to be regarded in the same way as if it had been possible to issue the license by today.” HOOVER WILL LEAVE FOR CALIFORNIA HOME One of Last Appointments in New York Is With W. W. Atterbury. By the Associated Press. NEW YORK. March 16—Herbert Hoover packed his bags today for his journey home to California, accom= panied by his secretary, Lawrence Richey. The former President planned to leave lote this afternoon for Chi- cago, spend Friday night at the home of a friend there, and depart for Cali- fornia Saturday One of the last appointments of his stay here was with W W. Atterbury president of the Pennsylvania Rail- rozd, and Lucius Boomer, president of the Waldorf-Astoria, who were invited to take en early morning walk and then have breakfast with Mr. Hoover in his hotel suite. TRUST EARNINGS GIVEN PRIORITY IN MARYLAND Preferred Status Over Ordinary Bank Deposits Granted by Baltimore Judge. Special Dispatch to The Star. BALTIMORE. March cision which may its effect 16—In a d=- be far-reaching in on the distribution of the funds of clesed banks Marvland, Judge Eugene O'Dunne in Circuit Court No. 2 late yesterday decided that |a fund held for Philip Gunn by the | Title Guarantee & Trust Co. ‘had priority over ordinary depcsits. A petition for Gunn was brought by | his_attorney. who_stated that Gunn |and his father, Allan P. Gunn. were beneficiaries to the extent of $239.31 of a trust fund held by the company as | trustee under a court order. and that | this sum was deposited by the trustee in its own bank. When Judge O'Dunne decided in favor of Gunn, he advised the attorney for the receiver of the Title Guarantee & Trust Co. to appeal the case in order to get it definitely decided by the high- est legal authority in the State. as the decision_prcbably would have an effect on the distribution of funds of all closed [ | in tional institutions, but more licenses|the past {few days there have been ru- | banks which also had trust fund de- were awaited by State institutions as banking officials continued their labors. | In Maryland 50 of the State banks were operating under restrictions and two of the institutions opened in Vir- ginia were subject to restrictions. All of the 94 State banks in the fifth district of West Virginia were open, as were 38 national banks. Situation in District. The banking situation in the fifth Federal Reserve district: Banks in the district, 1,291; number open or authorized to open, 740. Reserve Bank members in district, 389; Reserve Bank members open or authorized to open, 251. Non-member banks in district, 902; non-member banks open or authorized to_open, 489. ‘Territory -Virginia, Mary- land, West Virginia, North Carolina, South Carolina and the District of Co- lumbia. Aged Solon Praises Butter. M. Damecour, who presided over the opening of the French Senate recently, hlllg:theowmmm:flolthc body. looks young an and he credits it all to butter. three-quarters of a pound ter every week,” he said. “It is full of vitamin and most nourishing.” |mors of possible consolidation of some of these banks. It was said today that it is too soon to make any definite an- nouncements regarding what may be worked out toward the reorganizing and reopening of these institutions. The conservators are placed in the banks to see what can be done to work them out of their present frozen con- dition. In cases where bank officials were assigned to this work, they are already familiar with the position of their own institutions. The conserva- tors selected from the Treasury are studying_conditions as rapidly as pos- sible. While some mergers may be worked out, it was said today that more time will be required to find out what can be done. The controller of the currency is the final authority in approving all mergers, or banks reopening as single units. Any consolidations would require the raising of considerable new capital and the providing of such capital would take time, local bankers said today. — Theologian Succumbs. ERLANGEN. Germany, March 16 (#).—Theodore von Zahn, professor of New Testamental exegesis, died yester- day at the age of 94. He was the nestor of German theologlans and a stanch :;elndfl of the divine origiy of the le. posits. The fund in question was the in- come from the trust fund and was held by the bank for distribution when it closed. Texas 0il Ban Suspended. AUSTIN, Tex. March 16 (#).—The Texas Railroad Commission yesterday issued an order permitting all wells in the Panhandle oll fleld to produce, with- out respect to proration, for three weeks. ‘The action was taken to coincide with a Federal court order that temporarily opened 42 wells of the Danciger Oll Co. BAND CONCERT. By the United Stetes Soldiers’ Home Band, Stanley Hall, this evening at 5:30 o'clock. John S. M. Zimmermann. band- master. Anton Pointner, assistant. March, “The Bersaglieri” .Ellenberg Overture, “La Dame Blanche. . . Boildieu EntrActe, “The Poet’s Dream, MacDowell “Sweet Lavender” (Intermegzo) Excerpts from Musical Comedy, | "“The Cat and the Fiddle”. | Intermezzo, “Al Fresco” | Waltz suite, “The Kiss Waltz Finale, “The Wedding of the ted Dolls”. ..