Evening Star Newspaper, May 8, 1933, Page 1

Closing N. Y. Markets, Pages 14 and 15 Entered as secol post office, Washington, D. FRENCH TO DEMAND DEBT MORATORIUM BEFORE PAYING U.3. ' No. 32514. Cabinet Takes Flat Stand Against Action With- out Guarantee. SURTAX MAY BE PLACED UPON AMERICAN GOODS Lump Sum Settlement Also Talked as Session Weighs Herriot Report on Parley. By the Assoclated Press. PARIS, May 8.—The French ublnet] today unanimously took a flat stand against the payment to the United States of the defaulted interest due last December 15 without a guarantee of & moratorium on the June 15 debt pay- ment. This decision was taken in a three- hour cabinet session which canvassed unofficially the suggestion for a lump- sum settlement of the war debt to America and other problems. ‘The official communique issued after- ward made no mention of the debt question, but it was learned from a re- lisble source that there was no diver- gence of views on this subject. The cabinet came to this conclusion after a thorough examination of the report presented to Premier Daladier by Edouard Herriot, who recently re- turned from Washington, with M. Her- riot’s observation. The communique announced only that conclusion on certain subjects in connection with the Herriot-Roosevelt talks are to be taken later. Surtax Considered. The cabinet which met at the minis- | try of war is understood to have ex- amined among other plans the ad- visability of the imposition of & surtax upon American goods. The cabinet also reviewed the finan- cial and commercial outlook. There ‘was no change in the previous decision that the franc is safe, in view of the marked increase in the of Prance's gold reserve and the fact that the French gold coverage amounts to 95 per cent. Any lump-sum war debt payment is apt to prove & bit more than France is willing to swallow at this time. A threat to continued adherence to the gold standard is the great danger polmcn:h and nmchtl rt:uurle'a dlmul':: 3 n; 'ment for any such arrange posig. ‘war obligations to the U A plan, which is understood to have been advanced in & communication A payment in 2. One-third payment in im- mediately n . 3. One-third payment in bonds to be issued through the Bank for Inter- national Settlements at such a time as the bank desires. Silver Acceptable. A provision that part peyment in suverwww.\d be acceptable also was understood tboln he:ve I:een m.d:f: e As the cal met today, the P sum payment plan was widely discussed. Part of the press held that gold pay- ments would prove too much a drain on reserves. The Excelsior, independent politically, said a definite settlement seemed diffi- cult until something is established about the values of currencies and the pos- sibilities of international transfers. The French debt to the United States totals $4,025,000,000 principal and $2,- 800,000,000 interest. France has more than $3,216,000,000 in gold, the second largest supply in the world, and this provides 77 per cent coverage of the Iranc. It was stated by most commentators, however, that the proposals was to wipe the debt slate clean by only par- tial payment of the principal and can- cellation of the interest. Gold Reserves Increase. A marked increase in the Bank of France’s gold reserves was expected to be shown in Thursday’s statement. Hol- land and Switzerland have been ship- ping considerable amounts here’ in the fight to maintain the gold standard. French gold already provides 95 per furthe cent coverage for currency circulation. STAND DISAPPOINTING. Guarantee From Congress Unlikely to| ing ad Meet French Plan. News of the decision of the French cabinet on war debts demanding a guarantee of a moratorium on the June 15 payment, was received with some disappointment in administration cir- cles. It was reiterated authoritatively that the United States is still expecting the European debtors to pay the June 15 installments, at le:.n Z - A postponement of these payment could not be promised by gesldent Roosevelt without the approval of Con- gress. He has not asked Congress for this suthority and leaders on_ Capitol Hill have expressed considerable doubt that any such postponement would be authorized by Congress. The President is carefully canvass- ing the war debts issue and no solu- tion appears in immediate prospect. However, the guarantee demanded by Prance as a basis for meeting her de- faulted December 15 payment is re- garded as very improbable just now. WORKERS GET BONUS Tire Company Announces Plan in Supporting Roosevelt. NEW YORK, May 8 (#).—The Nor- walk Tire & Rubber Co. announced today that, “with a view of aiding the President’s program of increasing pur- chasing power,” it was putting into effect a plan to pay its wcrkmen a 5 per cent bonus on their weekly earnings. “This plan becomes operative simul- taneously with the recent 5 per cent advances in tire prices,” the announce- ment said. GUIDE FOR READERS Amusements Comics .. Features Finance nd class matter C. $20,000 LOST he pening Htar. WITH SYNDAY MORNING BRITION ' WASHINGTON, D. C, MONDAY, MAY 8, 1933—THIRTY-TWO PAGES. #*» HERE DAILY TO ‘NUMBERS’ RACKETEERS Volunteer Army of “Suckers” Pours Golden Stream Into Coffers of Crooked Gamblers. ‘The bait of possible prosperity through a 600-to-1 “killing” just around the corner in the mystery-shrouded “num- bers” racket is luring thousands of ‘Washingtonizns to pour their A hard- earned pennies and dimes and doilars into the overflowing coffers of crooked Tacketeers and professional gamblers at | the the rate of $20,000 or more a day. Pew, if any, of these men, women and children who contribute to the golden stream of the racketeers realize that their chance of winning $6 for & penny investment, $30 for & nickel or $600 for a dollar is exactly 1 in 1 isthematicians have figured that the odds are just that great against these gullible victims of gambling greed—re- gardless of the ingenious that mumpwwmmmh ‘winning number. LINDY 1§ AWAITED, GEMS GLITTER AT CONPRACY TRIAL D. C. Court Opens Sensation- al Case Against Means and Whitaker. .| SEVEN WOMEN PICKED FOR SERVICE ON JURY s | Flying Colonel Due to Take Stand ge! bers” fraternity lay their far-fi traps. On second thought, the operators of (Continued on Page 3, Column 1.) FCONOM TALKS SHFTED T0 OREN SIONG ON SCE Debts Still in Foreground. President Has Short Time to Chart Course. By the Associated Press. President Roosevelt shifted the world- beam of his economic discussions tem- porarily from Europe to the Orient today as he turned to meet T. V. Soong, China’s youthful minister of finance, determined that, despite rising ob- stacles, the world conference “must Even the explosive political questions of the Far East, hgm, failed to turn the spotlight far from the higkly war debt With payments totaling $144,000,000 due from debtors within five weeks, and with rumblings of opposition ccm- ing from some factions of the Demo- n, shortly with choosing his course. Early parleys with congressional chieftains are in prospect. meanwhile, by Undersecretary of State Phillips after a conference with Belgian repri-ennuvu at the State Depart- ment. Phillips said the conference with the Ambassador tory to the world cvn(erme:’ They will ~ | defendants are not permitted to be re- ‘Common: IHATH KIONAPIG SUSPELTS_ENTER NIT EULTY REA Buck Brothers Held in $100,- 000 Bail for Hearing May 22. By the Associated Press. PROVINCETOWN, Mass, May 8.— Kenneth Buck and his brother Cyril, arrested for the kidnaping of 10-year- eld Margaret McMath, entered pleas of not_gullty today and each was held in $100,000 bail for a hearing May 22.| pe. Ke! ransom. mm two brothers were taken back to District Attorney Crossley, in address- ing the court, described the case as one of “the greatest importance” and of a nature requiring heavy bail. Bail Held Not Permissible. He pointed out that in murder cases leased on bail and if the wealth's contentions are correct kid- naping may be a great deal worse than m"l r?etmllyy ask the court to set hn-i;l“ 100,000 for each prisoner,” he & L. There was a conflict in the minds of the two prisoners as to when their hearings should be held. Kenneth ssked that his case be continued & (Continued on Pagé 2, Column 3.) (Continued on Page 2, Column 8.) FARLEY REVEALS PLAN FOR 2-CENT POSTAGE Administration Hopes to Restore Lower Rate Soon as Possible, He Declares. Special Dispatch to The Star. CHICAGO, May 8.—The tion proposes to restore the 2-c on all first class mail as soon sible. Postmaster General Farley told the Mail Advertising Service claton, that Farley explained the move being made in this direction by cut. er 8 He urged that the association make a study of the mail rate structure, so that advantage may be taken of the most economical charges in - vertising matter. Florida Gets Wine and Beer. ive it Sholtz signed five acts of the current State Legislature. POPE’S VISIT SET Pontiff to Leave for Roman Cere- monies May 25. VATICAN CITY, May 8 (#).—Pre- lates sai@ today the date of the long- discussed departure of the Pope from Vatican City to visit the Basilica of St John Laterin in Rome definitely ’;I"T‘l ;;en ixe for Ascension day, y 25. ‘The Pontiff will drive privately to the Basilica, accompanied by prelates of the Papal Court. Cardinal Marchetti-Sel high priest of the Basilica, will celebrate mass, after which the Pope froblbly will give a public benediction from an external balcony and then visit the nearby holy stairs. TORNADO SWEEPS FARMS Bouth Carolina Visited by Second Storm Injuring Crops. Tomorrow—Rich McLean Jewels to Be Seen. COLUMBUS, Ohio, May 8 (#).— Favored by clearing weather over the Pennsylvania mountains, Col. and Mrs. Charles A. Lindbergh took off from Port Columbus at 32:55 Eastern standard time this after- noon. Backed with an array of witnesses headed by Col. Charles A. Lindbergh and such startling exhibits as & damling pile of rich gems belonging to Mrs. Evalyn Walsh McLean, the Government today opened the sensational trial of Gaston B. Means and Norman T. Whitaker, charged with a lurid con- spiracy growing out of the Lindbergh kidnaping. dé'-i Lindbergh, en route here by plane from the West, is due to take the stand in the District Supreme to- morrow to recount grim details of the abduction and murder of his first son more than a year ago—in support of the Government's contention that Means and Whitaker had no inside knowl of the kidna) B 3 bergh were in Columbus, Ohio, today, waiting for the weather to clear before continuing thelr trip here. Seven Women on Jury. prospecti cused by the ex the prosecution or defense. l;m of its members women, of: Jury, Gertrude’ Smith, J. Harper Hethering- ton, L. Wakefleld Nichols, Joseph C. john -J. Scheuring and G. Lea 8t Z ‘The court asked each of the jurors whether he or she was acquainted with stand. She graciously posed for news- paper photographers. Others Also Named. Others named on the list of Gov- ernment _witnesses included Fathers Francis J. Hurney of the Immaculate Conceptign Church and Robert S. Lloyd of the Georgetown tory School, who were taken in on the Lean’s household; Georg president of the National M Bank, who turned over $100,000 to Mrs. McLean during the negotiations; R. E. W and Charles L. Taylor, em- es of Mr. White's bank; Miss Eliza. e who _aided in a: ing for prosecuf of Means; Mr. and Mrs. Robert F. to Col. M. Robert Guggenheim, of Lindbergh, with whom Means is al- leged to have carried on independent (Continued on Page 2, Column 1.) LEON FRASER NAMED HEAD OF WORLD BANK New Yorker Succeeds Gates Mec- Garrah—Profit Shown in Operations. By the Associated Press. BASEL, Switzerland, May 8—Leon long, | Fraser of New York was today elected GIRL FORCED TO KILL SLAYER OF FATHER TO SAVE OWN LIFE of Farm Hand, Believed Crazed by Liquor, Commands|®: 17-Year-Old to Shoot Him. g iy EEEE g B 1 i 3 I i ; i 2§ B lggg g £f I § 585 i i H i E:485% BB : ¥ Be g G m& &i' the Bank for International en! vice presidency to McGarrah, also of New York. McGarrah was made honorary presi- viewed the bank's report, showing a) ly 1,000, ra the profit reported a re-elected. ceased to have membership, having zmoflmmmm.mdnmn to present the name of a repre- sentative for membership. Macon Cruise Postponed. AKRON, Ohio, May 8 (#).—The third “Valiant Dust” by Percival Chrit-topher Wren Author of “Beau Geste” Begins on Page B-8 of : Today's Star {Labor Group Will Modify 30- * | istration industrial control bill, the ced | House Labor Committee intends to work A RAY OF SUNSHINE! The Star’s :I.tfi blcsk and P Means Assqciated REPRESENTATIVE KNOCKS OUT! BURGLAR CAUGHT RIFLING ROOM Faddis, Confronted With Pis- tol, Counters With Effective Blow. Pennsylvanian Finds Robber Upon Return to Apartment. A youthful bandit realized to his sor- row last night that he had picked the | REP, CHARLES I FADDIS. Faddis shoes As he (Continued on Page 2, Column 3.) noticed the tips of & pair of protruding from beneath the INDUSTRY CONTROL. SPEEDED IN HOUSE Hour Week Bill for Roosevelt’s Ideas. By the Assoclated Press. ‘Without waiting for the new admin- out a modification of the 30-hour work ‘week bill that will incorporate prin- ciples laid down by President Roosevelt. Chairman Connery today said the and anti-trust laws suspension. Senator Wagner, Democrat, of New INCENDIARISM SEEN door. 'I.\kelnh'.heblmm?ou RETURNS FARM A ‘BIL T0 CONFEREES ’House Action on Measure Is Forced to Wait by Objections. By the Associated Press. | lief inflation measure and it was sent | back to conference for further changes. The House had been scheduled to ved. Goss said the conferees had chan; the word “grain” in the N3 0000 FRE 5 175 Buldings Burned and Many Homeless in Elisworth, Me. By the Associated Press. ELLSWORTH, Me., May 8.—A fire, believed by authorities to have been of incendiary origin, laid waste a large section of this city during the night with a loss estimated at $3,000,000. At dawn when the fire was under control, a blackened desolate area was all that remained of approximately 175 business houses and residences. Three to four hundred of the 4,000 A company of National Guardsmen from Bar Harbor arrived soon after daybreak to assist the 100 special po- licemen, sworn in during the night, to guard the devastated ares. “We all think it is incendiary,” Chief of Police John A. Stuart said. “I examined the in which 1¥'was i Goog shape d had nothing was an combustible about l':e Some people say they saw two men running away from the bull_gln‘ after the fire was dis- be able to act late today or tomorrow. The powerful Democratic forces of “uu ltioo\ue earlier had heen'mmvnlinw ine to support Secretary of Agriculture Wallace in opposing the cost of produc- uognder cxfi" 14 hing e far-reacl proposals ure, Wallace would be given great latitude in attempting to increase the farmers’ income, and the President would be given unprecedented authority to expand the Nation's credit and cur- rency. Both are prepared to act at Valuables: Worth £2,000,000 'Buried Under House Near' Ural Mountains 16 Years Ago. . v | RECE “From Press to Home Within an Hour” Carrier system coversevery vered to eltyu:.nd m‘“bgl homes a8 fast as the papers are printed. 1 7 AL g it tion is TWO CENTS. ROOSEVELT SPEECH HALED BY LEADERS IN BOTH PARTIES Steps to Increase Wages Listed as Next Objective in Domestic Program. Press. 'WILL INFLATE CURRENCY ‘WHEN AND IF NECESSARY’ Aim Is Payment of Debts on Fair Basis, President Declares in Radio Address. President Roosevelt's talk to the country last night brought him reams of congratulatory messages today and evoked praise and expressions of con- fidence among congressional Demo- crats, with some Republicans joining in. Among the several hundred messages to the White House was one from Frank O. Lowden, former Governor of Illinois and candidate for the Republice an nomination for the presidency. Prom Oregon, Ill, he wired, “It was perfect in every way. “Timely, forceful and convincing,” was the description given in a state- ment by Speaker Ru‘my. Senator ~ Couzens, Republican, Michigan, termed it “gran nd added to reporters: “I was very much impressed with his frankness and complete understand- ing, at least from my standpoint, of the’ conditions. “I strongly commend him for what ll.fu “‘fin"fi’."' "&fly‘]:‘zm; 1929 dol- Wi e equivalent of 1929 ad chasing power.” . Higher Wages Next Goal. A Government “partnership” with industry to improve wages, working hours and control surplus pro~ duction will be President Roosevelt's | next move in attacking the foe of eco- nomic adversity, he revealed last night in giving the Nation a full expuluol‘:‘ of his z:nniex. past and future, for do~ mestic and international recovery from th; ‘::‘xl:::fllon. to the measures alrea: - posed for Government co—openug ‘Vl;:h agriculture and transportation, the President would put the force of Gov- ernment behind trade agreements under a relaxation of the anti-trust laws. Seated at a desk in the White House, Mr. Roosevelt also gave notice that he Wwould use the powers about to be given him by Congress to provide inflation ‘'when, as. and if it may be necessary | to accomplish the purpose. Seeks Higher Commodity Prices, He indicated a relaxation of the anti- trust laws, declaring that while their ‘purpose must be continued” they were not intended “to encourage the kind iblican, | Of unfair competition that results in long hours, starvation wages - production.” hd ovey neither tz“l,l-lg asserted that the authority to con- inflation about to be given him by nged | Congress “will be used when, as, and if it may be necessary to accom, purpose.” i szt That purpose, he said, was the rais- ing of commodity prices and an expan- alonyo‘(n cx;;!v.flt to permit borrowers to repa; = same kind ‘hich they borrowed.” o to let “We do not seek,” he said, “ them get sych a cheap dollar that they will be able to pay back a great deal less than they borrowed. In other words, we seek to correct a wrong and not to create another wrong in the opposite (Continued on CITY, DRIVERS CALL STRIKE IN CHICAGO Reascendancy of Sheridan-Booth Control Affects More Than 4,500. By the Associated Press. cents a ton for shoveling, 40 cents ton for wheeling and 55'“0{11& a ton (o: At & mass meeting yesterda; 1,800 union members nilzd to t.yhom port of the old regime, repudiating u:tlm:u‘o:l Btkh:.rdtn invading the or- ganization’s lquarters and seizing 0 ’s charges that affiliated with gangster tlgn';‘:x{s. the officers of the “old " countered with the accusation that Baker and his followers intended to “sell out” to coal merchants by reduction IVER FOR POST URGES PROMPT SALE Buyers Reluctant to Make Offers Until Court Acts, Minor Tells Court. axd FERE sis fsig