Evening Star Newspaper, April 19, 1933, Page 1

Page views left: 0

You have reached the hourly page view limit. Unlock higher limit to our entire archive!

Subscribers enjoy higher page view limit, downloads, and exclusive features.

Text content (automatically generated)

WEATHER. (U. 8. Weather Bureau Forecast.) Occasional rain tonight and tomor- row; little change in temperature; moderate to fresh easterly winds. Tem- peratures—Highest, 77, at 4:20 pam. yesterday; lowest, 50, at noon today. “From Press to Home Within an Hour” The Star’s Carrler system coversevery city block and the regular edition is delivered to city and suburban homes Full report on page 9. as fast as the papers are printed. Yesterday’s Circulation, 122,449 TWO CENTS. BRITISH EMBARGO PLACED ON RUSSIA FOR CONVICTIONS - IN SABOTAGE TRIAL Government Retaliates for WITH SUNDAY MORNING BDITION Ohe Foening Star. Closing N. Y. Markets, Pages 14 and 15 Entered as second class matter post office, Washington, D. C. PRESIDENT HALTS GOLD EXPORTS AS COUNTER-DEFLATIONARY MOVE; STOCKS AND COMMODITIES SOAR Withdraws Support of U. S.|Dollars Value Hits [Prices Leap U New Low at Paris; i % Declines at London| 111 Grain and WASHINGTON, D. C, WEDNESDAY, APRIL 19, 1933—THIRTY-TWO PAGES. UP) Means Asso No. 32,495. *%P Dollar in Foreign Exchanges to Aid' Domestic Markets. CONTROLLED PRICES AND CREDIT AS WELL AS CURRENCY PROJECTED Congress Inflationists Checked by White House Move—Woodin in Conference With Reserve Bank Governors. By the Associated Press. President Roosevelt moved today on the international and do- mestic fronts in a broad campaign to restore American price levels, wages and credit. He focused first attention on the forthcoming world economic konversations and acted to strengthen his hand in these negotiations. To attain a position to deal with the foreign powers, which have gone onto depreciated standards of currency, he withdrew support of the American dollar in the foreign exchanges, reimposing the gold embargo. He evinced determination to exert efforts toward bringing all nations back onto the gold standard—perhaps at a lower ratio than the existing 40 per cent gold reserve for currency. By bringing about a restoration of the world monetary situation the President is confident of immeasurably improving the position of American currency and trade. Attacking the situation from the do- © mestic angle, he watched carefuily the meeting of the governors of the 12 Federal Reserve Banks here today. With Secretary Woodin, they are de- vising methods of using the idle bil- lions of American money. The President in preparing for his international parleys is putting this Nation in the same position as all oth- ers with a view to finding an agree- ment for a more stable world basis. He has in mind a controlled price , a controlled credit and a man- mged currency. £ There is talk of reducing the 40 per cent gold reserve for currency &s & basis for & new world standard, but 1t does not appear now that this will be considered except by common action of all the nations. The President apparently has won a | respite from the leaders in Congress | who have been hammering hard for outright currency inflation. | As the result of conferences last night and today the congressional captains are withholding proposals to give the President a free hand. Mr. Roosevelt considers the heart of the problem the raising of the price level. But he wants it raised in such a manner that it will be under control at all times and not permitted to go too high. wThe next move is problematical. As it ‘was aptly put today at the White House a game is on with Roosevelt, the quarterback of a foot ball team. He will determine the results of the imme- diate play before calling the next. The forthcoming international eco- nomic discussions are a part of the gen- eral maneuver to restore America to a normal basis of available cash, jobs and credit. The President hopes to get the world back on a gold standard. This stand- ard may be a different gold raito for backing of currency than in the past, but he is adamant for stabilization of the world monetary situation. Part of World Program. The revocation of licenses for the ex- port of any more gold appears to be a part of his international program. Giv- ing up the attempt further to support the American dollar in the foreign ex- change is regarded as serving the dual purpose of increasing American com- modity prices and putting the President in a strategical position for his eco- ainings. no_x;uh: ::gslon t%sflthdraw licenses for export of gold becomes effective im- i . mi&xs‘t‘ego the gold embargo reacts raise American commodity prices is :gmzwhn involved and difficult of ex- planation. It was explained, that cnla fon, for instance, is sold on the gol basis. On the present gold basis the rate is about 60 cents a pound. Should the price of gold slide off 10 per cent a resultant increase in cotton of 10 per cent is regarded as inevitable. A public works program also is con- umpfuwd by the President to stimulate employment but it is likely that this plan will not be anywhere near the four or five billlon dollars advocated sources. m’rfln :molc purpose of the Roosevelt inflation movement at this time is to raise the price level but at the same time to control it so that it won't go vor.d bounds. beglgged Federal Reserve bankers were meeting at the Treasury with Secretary Woodin to formulate plans for puttmg} a part of $2,000,000,000 of new Fed-| eral bank notes into circulation, aiming to speed business recovery and release depostts of closed banks. Woodin has explained that the emer- gency banking act was expected to pro- vide credit in such conditions as now exist by furnishing currency backed by Government securities and eligible paper, $19,000,000 in Circulation. Up to the present, only a little more O.hu? $19,000,000 of this money has gone irculation. m'fidcelu of the deposits in closed banks throughout the country was expected to depend chiefly upon the kind of col- lateral the Federal Reserve banks de- cide to demand of the closed banks for borrowing currency. The system has heretofore demanded first-class paper, but the Federal Reserve Board has the power to relax the regulations governing the acceptable collateral and make it easier for the banks to obtain money. Senators Thomas of Oklahoma and Long of Lousiana, both Democrats, are for the time withholding their pro- inflationary amendments to the administration farm bill in the Senate to give the President an opportunity to shape his plans. Thomas was a caller at the White House last night. Intimates of the President inll.!"; there is going to be no “printing press' inflation—that is, no flood of paper currency turned out without regulation gold backing. But there is stifl considerable talk of devaluation of the gold dollar—a reduction in the gold content of the dollar to make the legal dollars more plentiful on the basis of the gold sup- will have within his grasp before the end of the month the entire gold sup- ply of the Nation. The administration is convinced that there is a demand for capital which, if met by the banks, would provide the basis for a natural expansion of credit and increased circulation of currency. The President is expected to state to the conference emphatically the currency alternatives faced by this Government. Unless the agreement sought for stabilization of exchanges is realized, there’s no telling just what this coun- try will do. Speaker Rainey went so far in talk- ing with the press yesterday as to pre- dict inflation in this country. At the same time the House Rules Committee was favoring a change in the rules to make it more difficult for members to force a vote on such propositions. Simultaneously, a band of Demo- cratic inflationists and veterans’ bonus advocates—59 in all—gathered in a rump caucus to foment opposition to the proposed rule. It would necessi- tate 218 instead of 145 signatures, as at present, to remove lbl;fi committee from jurisdiction over a being held up by it. A showdown had been set for today, but the House met but briefly at noon yesterday then recessed until tomorrow to await developments both on the in- flation and rules agitation. This also will allow committees to work on varied aspects of the Roosevelt program. BOND PRICES WATCHED. Inflation Seen in Their Reaction. By the Assocated Press. NEW YORK, April 19.—United States Government securities, which have been maintaining firm leadership in the bond market, are being watched by finan- clers in the hope they will provide the cue as to whether the much-talked-of inflation is to become a fact. A theory held by many stock and bond houses is that Government issues, as well as high-grade low-yield cor- poration maturities, will go materially lower if drastic inflation, either of cur- rency or credit, becomes a serious prob- ability. Thus far the “gilt-edge” groups have failed to indicate a fear of dollar depreciation or other fixed-return handicaps. Government loans, with the passing of the banking crisis, have moved for- ward to the position they held at the end of last year. In recent market ses- sions they have exhibited some irregu- larity, but no drastic declines. ‘The market for Federal loans has had moments of nervousness, attributed principally to uncertainties about the administration’s financing plans. Bank- ing interests seemingly still are in the dark as to just how far the Govern- ment intends to go in replacing many millions of short-term issues with long- term bonds and to what extent new bonds will be floated for public works. Investment circles point out that, while talk of inflation may cause a sizable sag in the Government loan department, actual quotations at the worst might not drop much below par for the higher-interest maturities be- cause they can be rediscounted at Fed- eral Reserve banks against new Fed- eral Reserve bank notes. Cue to By the Assoclated Press. PARIS, April 19.—The United States dollar today hit a new official low since November, 1925, closing at 24.60 francs. The Bank of France supported the dollar through the official Bourse ses- sion, but later unofficial trading took it to between 24.50 and 24.55 francs. Banking circles said the movement was due chiefly to uncertainty concern- ing the embago on gold in the United States, causing fear that dollars would not be convertible. Dollar Loses at London. LONDON, April 19 (#).—The United States dollar lost value today, the quo- tation being $3.55 to the pound, against a close yesterday of $3.47%. The move- mm:u wru n\‘.‘;'vlbnm gold embargo reports from Was 5 Recent weakness of the dollar was attributed to American inflation talk and offerings from America and the continent by bears taking advantage of uncertainty of the United States monetary policy. Pending the meeting of Prime Minister MacDonald and President Roosevelt it is believed ex- change rates will be subjected to erratic movements. ROOSEVELT FORCES INHOUSE ABANDON TIGHTENING RULES Advocates of Currency In- flation Win Skirmish After Rump Caucus. By the Associated Press. The House Democratic leadership today abandoned the ambitious plan to ! clamp down tight rules on the House, | surrendering to strong opposing senti- ment without a skirmish in the open. Speaker Rainey and Representative Bymns of Tennessee, the Democratic leader, passed the word that they had abandoned the from 145 to 218 the number of peti- tioners necessary to force a bill out of committee and onto the floor for a vote. Against Tighter Rule. The capitulation occurred after 59 insurgents, led by Representatives How- ard and Carpenter of Nebraska, Pat- man and Dies of Texas, in a rump caucus yesterday went on record against the tighter rule, which would have prevented action cn any legisla- tion except that recommended by President Roosevelt’s leaders. Only last week Rainey and Bymns were defeated in a move to bind the membership in a secret caucus to sup- port their plan. The chiefs had ex- pressed fear that a few “radical” Dem- ocrats and the Republicans might “seize control of the legislative pro- gram” from the big 313 Democratic majority. The present liberal rule was supported in the last Congress by Rainey, when the Democrats had but 220 members, against the 214 Republicans and one Farmer-Laborite. The Speaker said this time that he wanted the tight rule, which was in effect under the late Speaker Nicholas Longworth (Repub- lican, Ohio) to “keep the control with the majority, which has the responsi- bility.” Advocates of Inflation. Opponents to the 218 discharge rule include the advocates of currency in- flation and cash bonus payment legis- lation. h:d.m:n said :ahe k!l“dm 1“31t ‘tt!:: ouj not planned.to file petitio: g r:ree out such legislation until after the Roosevelt program was enacted. “We licked them,” he said after to- day’s development. The Rules Committee which had ap- proved the cl yesterday had planned to bring the issue to the floor Cotton. SILVER FUTURES SHOW BIG GAIN Slump in Dollar Abroad Spurts Buying Here. By the Associated Press. NEW YORK, April 19.—Stocks and commodities swept upward under heavy buying today. Word that the Government was seeking to put more dollars to work in the drive against defla- tion sent waves of speculative en- thusiasm rolling over the New York Stock Exchange, the Chicago Board of Trade and other markets which trade in the basic staples. The same news, however, had a reverse effect on dollar exchange and on highest grade bonds. European currencies soared spec- tacularly in terms of Uncle Sam’s money while giit-edged fixed in- come securities, interpreting the results of the Government’s pro- gram as inflationary, reacted. President Roosevelt’s restora- tion of the gold embargo meant that the dollar was to be “put on its own” in world markets, while its expanded use at home was apparently to be pushed through means provided by the recent emergency banking legisla- tion. Commodity Shares Soar. On the stock exchange, the so-callrd commodity shares raised up merrily as it became known that the administra- tion aimed at improvement in prices * iaiie ‘sanged from §1 to than ins m more bid nngrlny active stocks and’ trading was brisk, especially at the om‘ United States Steel commen bt about $2 to & new 1933 high at just under $36, while the preferred rose $2 to $69. Shares of United States Smelting, Refining & Mining, a silver producer, jumped more than $5 to $38, while Kennecott and Anaconda Cop- pers advanced a dollar or s0 each. Al- lied Chemical improved $1.50 to $83.75, Liggett & Myers “B” about $2.50 to $70.37, National Steel $3.25 to $26.25. ‘Sears, Roebuck, $1.50 to $20.75; St. Joseph Lead, $2 to $14.87, and Stand- ard Oil of New Jersey, $1.25 to $30.12. Utilities were heavy, apparently because of a current move for lower rates in New York City. Silver Futures Strong. Wheat at Chicago opened buoyantly at advances of about 1!2> to nearly 3 cents a bushel, New York cotton jumped around $1.25 a bale, while sugar, rub- ber, coffee, hides, flour and many other staples were strong. Most markets were subject to occasional reactions as ripples of profit-taking appeared, but the general tone was strong except in bonds. Silver was very strong. Stocks traded so actively in the first \ SR AW W = S~ PAUL REVERE OF 1933. Prosecuting Subjects, Bar- ring 80% of Imports From Soviet After Moril 26. APPEAL TO BE MADE AGAINST SENTENCES Thornton Given Three and Mac- Donald Two Year Terms—One Is Acquitted and Three Are Or- dered to Leave Country—Rus- sians Sent to Jail. LONDON, April 19 (#).—Great Britain clamped down an 80 per cent embargo against Soviet 3DAY-WEEK PROBE WILL OPEN MONDAY House Labor Committee to Hold Hearings on Perkins Proposals. By the Associated Press. The House Labor Committee voted today to begin consideration on Mon- day of the five- mirnimum wage and production control amendments suggested by Secretary Perkins. “It is our intention to make the hear- ings as short as possible so we can re- | port the bill to the House for flCllon."l Chairman Connery said. He announced that the opening hear- ings would be devoted to testimeny by administration representatives, to be followed by leaders for organized labor and then by manufactusers. Prospective Witnesses. Among those who will be asked to appear, Connery said, are Herry Ford, Gerard Swope of General Ele(tric, Al- fred P. Sloan, jr, of General Motors, Pranklin Hobbs of the Textile Founda- tion, Henry I. Harriman of tiie Cham- ber of Commerce of the United States, William Green and Matthew Woll, Tepresenting the American Federation of Labor, and Michael McDonough and Charles Howard, representing, respec- tively, the Building Trades and the Typographical Unions. & “that “Realizing,” said Connery, i I Akron’s Hulk Still Missing as Search At Sea Continues Wreckage Found Yester-| day Proves to Be Side of Control Car. By the Assoclated Press ABOARD U. 8. S. PORTLAND, April 19.—The Navy siill had not found the hulk of the dirigible Akron today but !a group of expert divers and 20 search- ing vessels continued combing the area in which one side of the control room and much fabric were picked up. The search was restricted to an area 5f about two square miles approximately 33 miles due east of Atlantic City and 12 miles from the scene of the crash of the Akron two weeks ago. Several craft reported striking heavy objects with drags repeatedly. Divers were descending 120 feet to the ocean floor from the salvage ship Falcon, | (Continued on Page 2, Column 8.) SUGARS INCLUDED IN FARM AID BILL {Added to Basic Commodities Over Democratic Lead- ers’ Protest. these proposals (for production control | By the Associated Press and a minimum wage been passed upcn by ei Congress or by the public, the com- fll::e voted to have hearings to study Great Interest Shown. “At no time in my 10 years as a mem- ber of Congress have I known the persons concerned to show greater in- terest in a pending proposition. Econ- omists and manufacturers have swamped me, and other committee members, with requests for lime to discuss the pro- hour that the ticker ran several minutes | Posal behind actual transactions on the ex- change floor. Blocks of 1,000 shares or more were numerous. One 10,000 share block of National Steel changed hands at $25.25, while a similar trans- M':M‘olx; in General Motors was made a . Sales to noon reached the large vol- ume of 2,020,000 shares compared with 440,000 in the same period yesterday. Advances in foreign exchanges reached large proportions. By noon sterling cables were quoted at $3.621%; up 101; cents. French francs had risen one-fifth of a cent to 4.21 cents, Swiss francs six-tenths cent to 20.25 cents. Dutch guilders more than a cent to 42.25 cents, and the Italian lira four- teen hundredths of a cent to 5.32 cents. tomorrow, when it was notified to lay off. BALL GAME OFF Nationals and Red Sox to Play on Ladies’ Day, June 2. in calling off the Nationals-Red Sox game today because of bad weather, the Washington club anncunced the game will be played off on an open date, Friday, June 2, which will be “ladies’ day.” PRESIDENT SUFFERS SLIGHT COLD AND CONFINES SELF TO STUDY No Concern Expressed Over Illness—Considering Only Most Pressing Business. President Roosevelt is remaining in his study in the White House today to nurse a congestion of the throat and what is commenly described as an “old- | this fashioned cold,” but he continued hard at work. The Executive has no temperature and feels well otherwise, but is anxious to knock the cold out before it develops any serious proportions, especially so as he is facing some grinding conferences of the utmost importance, including those with Prime Minister MacDonald and the other international representa- tives who are on their way here for informal talks preparatory to the open- ing of the World Economic Conference. According to the White House, there is no occasion for any alarm about the President’s indisposition. Comdr. Ross McIntyre, Navy Medical Corps, is at- tending him. Upon the advice of his physician the President is staying in his study and is not giving his attention to any busi- ness except matters which cannot wait. ply. Whatever he has in mind in this direetion, most certainly Mr. Roosevelt Realizing that there are many matters of which have developed S during the past 24 hours, the President insisted upon seeing the newspaper cor- respondents rather than cancel the reg- ular bi-weekly press conference. To do it was necessary to receive the nearly 100 man and woman press rep- resentatives in his study rather than Radio Programs on Page B-16 English Silver Coins Barred. WELLINGTON, New Zealand, April 19 (#).—Banks were notified from Lon- don today that the Bank of England will not accept English silver coins from New Zealand or Australia. New Offerings Items which the stores be- 1 lieve appeal to the greatest number of people are adver- tised from day to day in the columns of The Star. In this way you can keep abreast with what is in vogue and with the constant new offerings in the stores and the price trends. Yesterday’s Advertising. (Local Display) Lines. The Evening Star. . . 31,955 2d Newspaper. .. .. 12,895 . 5,310 4,148 3,425 25,778 The Star is read in 15,000 more homes than in the boom times, five years ago. People want to know what is going on and are keenly interested in the'news and advertising of , the day. 4 ls. “The chief interest seems to enter in the proposals to establish minimum wages and to prevent interstate trans- portation of goods made in violation of the minimum wage or maximum hours stipulations.” WOMAN IS KILLED IN 14-STORY PLUNGE Philadelphia Hotel Victim Identi- fied as Mrs. 0. G. Hunting- ton of Baltimore. By the Associated Press. HIA, April 19.—A woman who registered as Mrs. O. G. Huntington of Baltimore, Md., plunged to her death from the fifteenth floor of & mid-city hotel early today. Her body landed on the street at the rear. ‘The victim, of middle age and appar- ently of some means, registered at the hotel yesterday afternoon. Recently Moved to New York. BALTIMORE, April 19 (#).—Mrs. O. G. Huntington, who plunged to her death from the fifteenth floor of a Phil- adelphia Hotel, was the wife of Warner Dare Huntington, a vice president of the 'Dhc'vbm Chemical Co., now in receiver- ip. Mr. and Mrs. Huntin, moved from Baltimore to New York mt six months ago. They were married in Knoxville, Tenn., June 4, 1902. There are two New Yok and Wiliam Heney Hunting. ‘ork an e - ton of Baltimore. prTRe —_— PRISONERS AND POLICE - BATTLE IN JAIL BREAK Colored Men Disarm Lock-up XKeeper in Chicago Police Court. By the Associated Press. CHICAGO, April 19.—Colored pris- oners engaged in a pistol battle with have never | r branch of added to the basic commodities in the | administration farm bill by the Sen- cratic leaders. to 37, The proposition was related closely to the The vote for was 44 |on imported sugar would be provided to equalize the processing tax on do- mestic sugar, but the line-up varied from former tariff votes, with many high-tariff Republicans voting “against” and many low-tariff Democrats vot- ing “for.” Nineteen Republicans, twenty - four Democrats and the Farmer-Laborite, Shipstead of Minnesota, answered “a. and 11 Republicans and 26 Democrats voted “no.” Senator Robinson of Arkansas, the Democratic leader, moved reconsider- ation shortly after the vote was an- nounced, but a voint of order that Robinson had voted “no” and, there- fore, was ineligible to make such a motion, was sustained by the chair. ‘With monetary inflation proposals Rut aside at least temporarily, leaders oped the remaining sections of the farm measure could be disposed of today and the way cleared tor other parts of President Roosevelt's domestic emergency program now piling up in committee. They predicted the farm bill would be approved by the Senate. The administration is said to be study- ing a sugar quota allotment plan to im- prove and stabilize prices in this coun- try with the economic rehabilitation of Cuba as a corollary. The plan would be worked out under the farm relief legislation, with Cuban imports to this country set at 2,000,000 tons annually. The farm program has been approved by the House, but after the expected passage by the Senate it must go back to th; House for concurrence in amend- ments. | i | IMPOUNDED FUNDS HALT PARK WORK $840,000 Is Withheld—Ten Employes Discharged. Playgrounds Hit. A far-reaching order, $840.000 of funds used by the National Capital Park and Planning Commission for land purchases and salaries was is- sued late yesterday by the Budget Bu- reau and is considered tantamount to “junking” the park and playground development program in the District and the nearby Maryland valleys, as well as the George Washington Memo- Ten employes of the commission— mostly surveyors,—were notified, with- out any previous warning, that they would be placed immediately on fur- lough without pay. Lieut. Col. U. 8. Grant, 3d., director of Public Buildings and Public Parks, and executive officer of the commission, declined to issue any statement on the effect of the order, but conceded that 10 employes had been summarily noti- fied of the loss of their jobs. Purchasing Officer Notified. H. Tudor Morsell, land purchasing officer of the commission, one of the 10 notified, will be retained a little while longer, Col. Grant said, because of the necessity of his closing out of pending The survey party of nine men has been working recently on the George Sugar beets and sugar cane Were| washington Memorial Parkway, which is mapped out to run lol:’t.k;wklsrd (hto:l h of e e today over the opposition of Demo- | Srca P Along ot tom, M. and Mount Vernon, Va.; doing survey work in lh%o Dlsé:icl.. fil‘ldm‘l Ml;t :hl:“l):'n'e;- ship boundaries are in land which the tariff as a compensating duty | pederal.Government has been assisting | in purchasing or is about to buy, and in looking up land titles and marking out the boundaries of various projects. Impounding of the $840,000 brings to a halt—for the present, at least—the further development of park lands in the nearby Maryland valleys. It affects particuiarly section 3 of Sligo Valley and unit No. 1 in Cabin John Valley. The commission, as agent for the Fed- | eral Government, was planning on ad- vancing a large share of the $840,000 to the Maryland-National Capital Park and Planning Commission so that de- velopment of those proceed. The Maryland authorities have | been utilizing unemployed park areas and officials here today saw in the withholding of money, which would have been loaned to Maryland under the Capper-Cramton park purchase act, an impairment of unemployment relief there. Unexpended Balance. The $840,000 represent the unex- pended balance of an appropriation of $3,000,000 made in 1932, available until spent. of the National Capital Park and Planning that land purchases have been going forward in the city so as to form a skeleton Fort Drive, a pretentious mo- tor highway designed to link up the old Civil War forts encircling Wash- Impounding of the money, which was to have been used for pur- chasing land to fill in the gaps in this goods to’ay, but a few hours after the drastic action had been taken it was authorita- tively said that it might be withdrawn if the Russian au- impounding By the Associated Press. United Kingdom. nually. and timber. trial by Parliament. turned to London. park areas might thorities commuted the prison sgntences of two British en- gineers convicted of sabotage. MOSCOW, April 19 (#).—The Central Executive Committee of Soviet Russia was petitioned today to commute to exile for life- the prison sentences im- posed early this morning on L. C. Thornton and William L. MacDonald, British engineers who were convicted of espio- nage, sabotage and bribery. LONDON, April 19.—Great Britaip answered the conviction of British en- gineers in Moscow by declaring today g partial embargo against Soviet goody which will shut out approximately 8¢ per cent of Russia’s imports into the On the basis of current trade figurey the embargo, which becomes effective April 26, will bar imports aggregating £9,600,000 (currently, $33,600,000) an- The proclamation was signed by King George at Windsor Castle and was pub- lished in the London Gazette. It prevents all importations of Soviet butter, wheat, barley, oats and maize in grain; poultry and game, raw cotton, petroleum oils; wood and timber, hewn, sawn, planed or dressed, and articles manufactured wholly or partly of wood Authorized by Parliament. Parliament authorized, this action last week as a measure of retaliation against the prosecution of six British subjects in the Moscow sabotage and espionage The King held a privy council meet- ing at the castle this morning to ap- prove the proclamation under the Rus- sian goods import prohibition act passed The councilors traveled in motor cars from London to the meeting, which lasted only 15 minutes. win, president of the cabinet, and Sir John secretary, remained for the King while other councilors re- Stanley Bald- council ‘in the Simon, foreign some time with Baldwin is acting prime minister dur- ing the absence of Ramsay MacDonald, now en route to the United States. Hope was held in London that the in the the Federal to remain Commission said By the Associated Press. approved (Continued on Page 2, Column 3.) 15 to 6. MEMBER OF HOUSE BLAMES Warrant Sought for Shoemaker, Former Convict, on Charge of Punching Apartment Neighbor in the Eye. A warrant for the arrest of Repre- sentative F. H. Shoemaker, Farmer- Labor member of the - House from of assault, was asked of the Assistant United States District Attorney's office | hag at Police Court today as the result of an alleged attack made by the Repre- sentative last night on the occupant of an adjjoining apartment in the Chastleton. The warrant was requested by Theodore Cohen, who said he was punched in the eye by the Representd- tive with such effect that several stitches were required to close the wound. Representative Shoemaker explained today that he went to the Cohen apart- ment because his nerves were frayed by too much singing of “Sweet Ade- “I stood 1t three nights” he sald, e “and that was enough. Last night they in there and there was noise from the radio, from a ukelele chaies :ggunflom the gang singing ‘Sweet Minnesota and ex-convict, on & e.” “I called up three times for them to ut a stop to the noise and finally I to come down to'l came at me in a threatening mann nmed"mhnnldonmvmzm|wwldomynq Tward. Shoemaker said he had the names of apartment at the time. not expect the case to be prosecuted. According to the story told officials, the complainant and his three Arthur Hat bt 10:15 pan. the elephane Tang his change 115 pm. e Under t! Cohen answered. A voice in- formed him that the cwner of the|gift. voice would “break their necks” if they did not “cut off that radio,” (Continued on Page 3, Column 6.) (Continued on Page 2, Column 7.) HOUSE COMMITTEE 0. K.’S RELIEF BILL Republicans to File Minority Re- port on $500,000,000 Gift Measure. The House Banking Committee today the $500,000,000 Wagner- Lewis bill with its provisions for direct relief grants to the States. Chairman Steagall said the vote was Representative Luce of Massachu- setts, ranking Republican, he would file a minority report on the announced in behalf of the bers of “SWEET ADELINE” FOR ATTACK |nspusty. = ° ™ "0 ° The Senate has passed the bill and a I-lo:u vote soon is due, !hlt chum‘t:r being in recess today. Meanwhile, legislation to speed loans from the Reconstruction Finance Cor- poration to States and subdivisions for construction purposes—part of the ad- ministration program for relieving un- ate committee. was because he employment—was considered by a Sen- Harvey Couch, director, testified that the Wagner bill to liberalize the law under which such loans can be made would “open a field for employment in sound and needed projects” and stimu- top it myself. I|late trade “all along the line.” ‘The bill would remove the restriction er. | that loans must be self-liquidating and He said he did Congress last year. 000,000 is court available. Milton according 50, #ince of the total, may uire that they be “need- ful and in the public interest.” Couch testified that only $197,000,000 five wemen who were present in the of loans have been authorized by the corporaticn under the law enacted by More than $1,500,- In the House committee the only amendment of consequence was one in- creasing fi

Other pages from this issue: