Evening Star Newspaper, May 25, 1933, Page 1

Closing N.Y. Markets, Pages 13,14&15 No. 32,531 Entered as second class matter post office, Washington, D. C. )¢ WASHINGTON, Foeni WITH SUNDAY MORNING EDITION D. C, THURSDAY, MAY 25, 1933—FIFTY PAGES. COOLIDGE WAS AMONG PREFERRED CUSTOMERS OF MORGAN COMPANY; INCOME TAX REV L d Former President and Secretary Woodin Listed as Purchasers of Standard Brand Stocks. PECORA QUESTIONS WHITNEY ON SALES TO RASKOB AND NUTT McAdoo Tells Committee He Was Not| Favored Client—Unusual Precautions Taken to Guard Inquiry Documents. B the Associated Press. The late former President Calvin Coolidge was shown today evidence unearthed by the Senate committee investigating J. P. organ & Co. to have been a privileged purchaser of 3,000 shares of #Standard Brands” stock through the huge banking firm in the middle of 1929. Other names on the list of those favored by Morgan in this in- stance, as introduced while George Whitney—a partner of the firm— testified, included William H. Woodin, now Secre of the Treasury, 1,000 shares; Norman H. Davis, the Roosevelt Ambassador at large now in Europe, 500 shares; John W. Davis, former Democratic presi- dential nominee and counsel for Morgan, 5,000 shares, and various of the Morgan partners. Woodin was also in the list submitted yesterday of privileged purchasers of Alleghany stock. Other testimony showed that since January 1, 1919, the Morgan firm has sold more than $6,000,000,000 in securities to the public. Gen. John J. Pershing was on the “Standard Brands” list for 500 shares, l'nwingl also been on the Alleghany list yesterday: An- other name was Charles D. Hilles, prominent in New York Republican politics, 2,000 shares. The “Standard Brands” issue was in the Summer of 1929, after the late Mr. Coolidge left the White House. Meanwhile, the committee examined Whitney closely as to promi- nent participants in the special Alleghany stock sales as listed in evidence submitted yesterday. The questions dealt especially with John J. Raskob, former Democratic National Committee chairman, and J. R. Nutt, high in Republican ranks as party treasurer. Room is Closely Guarded. As the hearing progressed, unusual precautions were maintained to guard the huge crowded room—Capitol ice and Department of Justice operatives being on hand watc! i the massive pile of documentary evidence at the disposal of Ferdinand Pecora, the committee counsel, and making sure that no suspicious packages were carried into the hearing by visitors. Favors Publicity. J. P. Morgan & Co., in submitting testimony through Whitney, went on record as heartily favoring publicity “of the gross profit or commission paid in Tespect to all securities offered to the 1t thanked the company for “kindly remembering me” in selling kim 2,000 shares of Alleghany stock at $20—much belcw the price that it was being sold for on the market. Senator Couzens, Republican, of Michgan, inquired of Whitney whether he did not “hope that they would recip- rocate” when the selected tlients were ofle;'ed t‘l‘xe stock. s “No, sir,” Whitney repl quickly. “Really, Senator Couzens, it just isn’t As to the $6,024,444,200 securities sold to the public by Morgan since 1919, ‘Whitney said that of these—most of ‘which were offered in association with other underwriters—$2,098,953,400 have been retired. Reviews Securities Sold. Public offerings of forsign govern- ments and corporations, Whitney said, > amounted to $2,232,757,000. ‘They were offered to the public at an average price of 94.69 and the average market price on May 31, Whitney said, ‘was 81.07. Morgan sales of railroad bonds du this period, Whitney added, tof :1,865,639.300, at an average price of 6. Th May 11 was 63.94 and a total of $125,- 079,000 was in default. ‘The aggregate principal of public utility bonds, including obligations of public utility hplding companies, of- fered to the public, said Whitney, was $1,074,750,000. Of these $268,269,800 have been retired in the main, by con- version, and by redemption at prices ranging from 105 per cent to 110 per cent or by payment at maturity. The average price at which these bonds were offered to the public was| 97.08 per cent. The average current market price on May 11, 1933, was 95.68. None of these bonds, it was stated, is in default in the payment| of principal or interest. | McAdoo Issues Statement. Industrial company bonds and in-| dustrial company preferred stock pub-| lic offerings, Whitney placed at $578,- | 297,900. Of these $397,046,700 had been retired. There remain outstanding bonds and preferred stock to an agere- | gate amount of $181,251,200. | Of these, $123,208,000 on May 11 were selling above the public offering price | and $42,187,000 were selling within 10| points of the public offering price. Previously, Whitney had testified that he personally made a $146,250 profit on sale of 14,000 shares of Alleghany stock he had been cially allowed to pur- chase through flu firm in 1929 at $20 | # share. | J. P. Morgan took the stand just be- | fore the noon recess to explain his testimony of yesterday that he paid income taxes in England during 1931 and 1932 when he paid nothing in the United States. He explained that England did not permit deductions for capital losses that were permitted in this country, adding that he had tried to observe the laws of both countries. Text of Statement. The text of his statement follows: “I was asked yesterday whether I paid any income taxes to any foreign government and replied that I had paid income taxes to-the British government. “May I state that my income tax to the British government is paid upon a statutory basis and is estimated by the inland revenue authorities, they basis their estimates upon the fact thltng id_an_assessment during 1930 average current market price on | List of Preferred Leaders and Firms For Morgan Sales By the Associated Press. Here is the preferred list to whom J. P. Morgan & Co. sold units of Standard Brands, Inc., in July, 1929: Alamance Club, 1,000; W. H. Ald- rige, 1,000; Alta Corporation, 2,000; A. M. Anderson, 10,000; Argonaut Securities ‘Corporation, 1,000; Asiel & Bernard Behn, 1,000 Sosthenes Behn, 1,000; Julius Berger, 00; J. J. Bernet, 500; Stephen Birch, 4,000; C. N. Bliss, 2,000; Claude K. Boettcher. 1,000; Bonbright & Co., Inc., 5,000; Matthew Brush, 2,000; E. G. Buckland, 500; W. E. Burpet, 1,000; Chllaway, Pish & Co., 1,000; F. L. Car- lisle, 2,000; Chicago Corporation, 3,008 Hendon Chubb, 2,000; Climax Corpora. tion, 2,500 Clark, Dodge & Co., 10,000; Leon ‘Thomas Cochran, P. H. Ecker, 2,000; Cornelia Cousins Egan. 300; Martin 500; Evans, 3,000, George B. Everitt, 1,000; William Ewing, 10,000; Marshall 'Fleid, 2,000; First Chicago (Continued on Page 2, Column 2.) {BRITAIN ADDS ICELAND TO TRADE PACT RING Treaty Chiefly Concerns Coal, Cot- ton Pieces, Linen, Artificial Silk and Woolen Goods. By the Associated Press. LONDON, May 25.—Great Britain has brought Iceland within her ring of new trade treaties. ‘The Iceland treaty is the sixth con- cluded in the past few weeks by Great Britain, the others being with Argen- tina, Sweden, Norway, Germany and Denmark. Subject to fulfillment of certain as- surances on the part of the British coal industry, Iceland undertakes to take not less than 77 per cent of her coal imports from Great Britain. Ice- |land will give Great Britain reduced duties on cotton pieces, linen and arti- ficial silk. She also undertakes not to increase duties on coal, certain classes of woolen plece goods, sailcloth, hessian sacks, lin- | oleum, stockings, socks, waterproof clothing, galvanized iron roofing sheets and wire rope. Great Britain under- | takes not to increase the existing 10 | per cent import duty on fresh or salted {fish from Iceland and promises to give ! equitable treatment to imports of chilled tl).r éruun mutton and lamb from Ice- nd. The treaty awalts enabling legisla- tion by the Icelandic, Parliament. | own property in Great Britain, “(Continued on Page 3, Column 1. MISSING PLANE FOUND 8on of Chilean President and Four Others Saved. SANTIAGO, Chile, May 25 (#).— Searchers succeeded today in finding & National Airline plane which disap- ers aboard, one of th sandri, son of the President of Chile. ‘The plane, which was burned, was 1% i Mrs. Franklin D. Roosevelt will tell you in another of her articles written for The Sunday Star and the Ndrth American Newspaper Alliance. sbout 45 miles north of Ila- saved, Adl occupants were "m. many of the bankers have been strong- ly critical of those provisions of the bill R.| openly opposed by the administration, P.|light of the Senate invesiigation of . | that the bank reform bill would scarce- Committee Divides In Voting to Bare Morgan Loan List ‘The Senate Banking Commit- tee investigating J. P. Morgan & Co. divided 6 to 5 in its vote to make part of its public record the loans by the Morgan firm to officers of banks and trust com- panies, it was revealed today. ‘There was no division on the vote to make public the list of persons to whom the Morgan company offered stock at “ground floor” prices. Senator Glass of Virginia voiced strong cpposition in the committee at its executive session against the publication of the list of bank officials in New York to whom the Morgan company had made loans. PROBE. SPOTLIGHTS BANKING 10 PUBLIC Effect of Morgan Inquiry op Legislation Likely to Be Considerable. EMPHASIZES GLASS BILL| Administration Held Hardly Likely to Oppose Measure as Result of Hearing. BY G. GOULD LINCOLN. The unrestricted manner in which | J. P. Morgan & Co., private b'aners,i may do business, as disclosed before the | Senate Banking Committee, has | aroused public interest in the banking | situation today to an even greater ex- tent than already existed. The favors which may be extended | to friends of the firm, either through loans or through participation in ground floor offerings of stock, have been disclosed at the hearing now in | its third day. At the same time the Senate investi- gation has disclosed the vastness o the operations of the house of Morgan, and the soundness with which it has | conducted its business. Considerable Effect Likely. H The effect of the revelations of the operations of the Morgan firm before the Senate committee on the fate of the bank reform bill which is now be- fore the Senate, and which in much same form has already passed the louse, 1s likely to be considerable. lon to this measure has been centered in New York, where which would compel a banking firm or corporation to confine itself either to commercial banking or to investment banking. The provisions of the bill as it now stands hit the of Morgan hard, as well as national banks and State banks, which have operated an investment business through so-called affiliates. ‘While the banking bill, sponsored by Senator Glass of Virginia in the Sen- ate and Representative Steagall of Ala- bama in the House, has not been up to the present President Roosevelt and his Secretary of the Treasury, William Woodin, have not classed it as an administration measure. In tne the Morgan House it would appear ly be subject to open opposition irom administration sources. “The name of Secretary Woodin, along | with those of Senator McAdoo of Cali- fornia, Owen J. Roberts, associate jus- tice of the Supreme Court; Newton D. | Baker, former Secretary of War, and Charles Prancis Adams, former Secre- | tary of the Navy, was included in the list of those persons to whom J. P. Mor- gan & Co. offered to sell stock in the | Allegheny Corporation the 1st of Feb- ruary, 1929, at $20 a share, when the speculators on the stock market were buying and selling that stock around | $35 a share. i One of the results of the publication | of this list was a statement made today | by Senator McAdoo, a member of the Banking Committee, when its session opened. In this statement Mr. McAdoo (Continued on Page 2, Column 1.) “TRUCE ON TERRORISM” CONSIDERED IN CUBA Forces Opposed to Machado Regime 8aid to Be Expecting Welles to Take a Hand. By the Associated Press. HAVANA, May 25.—Proposals for a| “truce on terrorism” was reported un- der consideration today by representa- tives of groups opposed to the regime of President Machado. The truce was said to have been proposed last night at a conference of delegates who were represented as be- leving that Sumner Welles, United States Ambassador, may take a hand in placating Cuban political disputes. Members of the Nationalist Union and followers of Miguel Mariano Gomez were understood to have attended. A short time after the Ambassador called on Orestes Ferrara, secretary of state, yesterday orders were given to Secret of Entertaining newspaper censors that no mention of the interview be made. Later the or- der was revoked. | | | ISION LAUNCHED * 'One-Year Limit Placed on Losses. GROUP NAMED TO PROBE LAW ?Ar;len(hnent Would | Stop Deductions | Over Long Time. The Senate today approved the Vandenberg amendment to the Glass banking bill provid- ing for the immediate guar- antee of bank deposits. - By the Assoclated Press. In an effort to stop up loop- holes in the income tax law, as an aftermath of the Senate in- vestigation of J. P. Morgan, a House Ways and Means Subcom- mittee today approved an amend- ment to the industrial recovery— public works—staxation bill to| limit deductions from cnpnal\ losses to one year. This was agreed upon shortly | after the House began debate on | the huge measure with a declara- | tion by Chairman Pou of the Rules | Committee that President Roose- velt “wants this bill enacted as is.” | The amendment will be sub- mitted to the House for action to- morrow before a vote is taken on the industrial bill. Meanwhile, Secretary Woodin disclosed that the Treasury is seeking an improvement in the| income tax laws to block evasion of payments. He emphasized that the study has been under way for some time. It was made clear by Mr. Wood- in that a blocking up of loop- | holes has been sought without | regard to the Morgan investiga- tion. The step to limit deduction of capital losses was agreed upon in the House & year ago when the billion-dollar reve- nue bill was considered, but the amend- ment was stricken out by the Senate.| Under present law, capital losses may | be deducted from income tax payments over a two-year period. Principle Approved. Meanwhile, Representative Cooper, | Democrat of Tennessee, a member of the Ways and Means Committee, told the House the "v‘/“eld w&yfl ‘r?gctfi:mi oup had appro e pi of ge gl ital loss amendment in directing the subcommittee to draft it. Shortly before the House met today, the Ways and Means Committee had ordered an investigation into the capital gains and loss provisions as a resul of testimony Committee that Morgan had paid no income taxes in this country for the last two years. ‘Chairman Doughton appointed a sub- | committee consisting of Representatives Ragon, Democrat, of Arkansas: Vinson, Democrat, of Kentucky, and Treadway, Republican, of Massachusetts, to con- duct the investigation and to draft the amendment. Ragon said “immediate steps will be taken to prevent the recurrence of such conditions which permitted the Morgan partners to avoid the payment of in- come taxes.” First reactions to the Morgan investi- gation also came today in the Senate, which resumed the Glass bank bill debate. This bill, already partly de- bated by the Senators and passed by the House, has reached the stage of discussing bank deposit insurance, but in the light of the Morgan bank prac- tices and . income tax disclosures, all Senators did not confine themselves to the pending issue. The House Committee expressed great interest in the Senate testimony, par- ticularly in view of its program to raise | $220,000,000 through increases in in- come tax rates and making domestic corporate dividends subject to them to finance the $3,300,000,000 public works bond issue. Doughton said he favored stopping all wealthy men to defeat the purposes and intent of the income tax law. The Ways and Means Committee l'laol decided today upon an amendment to transfer the 3 per cent tax on electricity | from the consumer to the producer, as it did in the gasoline-postage-electricity (Continued on Page 2, Column 5.) AMERICAN DIES IN CRASH | OF ITALIAN SEAPLANE! | Trapped and Drowned in French| Lake When Craft Overturns and Sinks. By the Associated Press. MARIGNANE, France, May 25—An American, whose name was given vari- ously as Makay or MacCoy, was trapped and drowned in the cabin of an Itallan seaplane which upset and sank on Lake Berre today. The accident occurred as the sea- plane was taking off for Genoa. The radio cperator died an hour after the accident. The two pilots, the mechanic and a Spanish passenger named Llanza were rescued from the water, having sustained only minor injuries. Efforts are being made to raise the seaplane and recover the body of the American. MEET IN GOLF FINALS Mrs. Y. E. Booker and Miss Louise Claytor Play for French Cup. Mrs. Y. E. Booker and Miss Louise Claytor are the finalists in the golf competition among woman players of lub for the French Turn to the Society Section in Next Sunday's Star. the Chevy -Chase Cl High Commission Cup. In the semi- final round today Mrs. Booker defeated Mrs. L. H. Prichard, 3 and 2, and up. . The final roynd played i |Child, 3, Is Chained| | MITCHELL'S DEALS Gtk 3 1= Chaned IN COPPER BARED ™ ‘Lorde Praver Prosecution Will Be Asked| Prosecution Charges Stock, in Case Involving Was Sold to Evade Inco.ne | Court Ward. Taxes in 1930. 7 the Associated Press. ! PITTSBURGH, May 25.—A county | | investigator reported today that a 3- | year-old Juvenile Court ward, who was | unable to pronounce the “Lord’s Prayer” | to the satisfaction of her foster-mother was chained in an attic until she was By the Associated Press NEW YORK, May 25.—Exchange of stock between Charles E. Mitchell, for- mer chairman of the Naiional City Bank, and W. D. Thornton, president | ¢ unconscious. of the Greene Cnnanvea Copper Co., bY | 1" piordan, chief county investi- which Mitchell showed a net loss on | gator, said he will bring the case to his income tax return for 1930 and so | the attention of the county commis- ng Sfar, =5 RRR \ before the Senate Banking | o} the “loop holes” that permitted b paid no tax, occupied counsel at today's | session of Mitchell's trial for tax evasion. Mitchell is charged with evading his income tax in 1929 by a similar ex- change of stock with his wife, but testimony as to that was interrupted by the absence of George Whitney, a Morgan partner called by the prosecu- tion. Whitney is in Washington at the Senate banking inquiry. Fake Loss Charged. Mitchell showed what the Govern- ment contends was a fake loss in 1929 by selling to his wife National City Bank stock which he later bought back from her. In 1930 he sold Thornton Anaconda Copper stock and then bought that back. Daniel T. Bergin, office manager of Hornblower & Weeks, was put under cross-examination by Max D. Steuber, defense counsel. ‘Analyzing the Hornblower & Weeks account of the late John D. Ryan, head of the Anaconda Copper Co. Steuer brought out that Ryan on December , 1930, 81,488 shares of Ana- conda stock; on June 1, 1931, 93,000 shares and on May 4, 1931, 82288 shares. Points to Dividends. “When a man lends his stock another without charge,” George Z. Medalie, Federal prosecutor, “doesn’t the lender always get the divi- dend?” “Q’l’hau right,” Bergin replied. shares of Anaconda Copper—went over to the Morgans in December, 1930, Mr. Ryan got whatever dividends there were, didn't he?” A. “Yes.” “When was the Mitchell account with Hornblower & Weeks closed out?” Medalie asked. “On May 7, 1931,” the witness re- plied. Records of the account did not agree, however. The ledger indicated the ac- count was closed May 6, but another statement showed an entry of May 7. Assails Steuer’s Remarks. Steuer and Medalie became involved in an argument over Medalie's ques- tioning of the witness on the date of the sale of the Anaconda stock from Thornton back to Mitchell. “Every one knows who directed that transaction,” Steuer said. “I think this ought to stop,” Medalie ke in. “Mr. Steuer, by the character of his objections, has been testifying in this trial for the last twodays.” Judge Henry W. Goddard ruled Steuer's remarks had been “beyond the scope of his objection.” “There is a man alive over in your office who knows about this transaction, isn’t there?” Steuer shouted at the wit- ness. “Now who is he? Some one received an order from Mr. Mitchell to buy that aconda stock didn't he?” erhaps,” Bergin said. ho was he? Steuer asked. ” the witness replied. {MUSSOLINI REVIEWS 10,000 MOTOR CYCLISTS Sits Astride One Himself as “Cen- taurs” Pass—Honors Italy's Entrance to World War. By the Associated Press. ROME, May 25.—Premier Mussolini. astride a motor cycle, today reviewed 10,000 motor cycles who rode past him with terrific din. The occasion was a celebration Ly the organization called “Centaurs” by an admiring press and public, in honor and then swung out from the column and extended the Roman salute to the closely ranked riders. d The motor cyclists were mobilized here under command of Fascist chief- tains in various sections and the high command of the 1 Motor Club. to| “When MF. Ryan’s stock—2,500 | sioners with a view of prosecution. | Riordan said s 16-year-old girl, a | ward in the home where the 3-year-old | was mistreated, told the principal of her school that the baby was forgotten |in the attic on & hot Summer’s day | and that her condition was serious | upon being ‘found. | _ Mrs. Alice Liveright, director of the State department of welfare, recom- mended an investigation of every home !in which & juvenile court ward is| - placed. OPTIVISH 5 SEEN | | | stitute Meeting in Contrast With 1932. | By the Associated Press. NEW YORK, May 25.—In contrast | with the gloom pervading the last an- nual session the American Iron & Steel Institute held its 1933 meeting in an atmosphere of confidence and optimism today. Steel manufacturers from the lead- ing producing centers commented hope- fully on the marked expansion in op- erations this Spring and many of them looked for further gains. Charles M. Schwab, chairman of Bethlehem Steel Corporation and chair- man of the institute, said present con- ditions were the reverse of 1932. Cur- rent operations are still “far from what we would like to see,” he stated, but they are more than double the rate of the right direction.” He urged institute members to support President Roose- velt's program of econcmic recovery. Need of Replenishments. William A. Irvin, president of United States Steel Corporation, said that “the rather liberal demands for steel prod- ucts during the last six weeks quite clearly indicate the need of the coun- try for replenishment of stocks.” It was reasonable to assume, he added, that “activities in the development of needed enterprises, together with re- habilitation and modernizing of major facilities, will cail for a substantial ton- nage of heavier products.” “The improvement in steel business is being maintained,” said Eugene G. Grace, Bethlehem's president. “This is occurring without any improvement in the railroad and construction lines.” George G. Crawford, president of Jones & Laughlin Steel Corporation, summed up his company’s outlook as follows: “Our business is substantially better. We expect our bookings for future - delivery to carry us into the (Continued on Page 7, Column 1.) in Washington with the Auocu_'ted Press news service. Yesterday’s Circulation, 120,136 TWO CENTS. CHANCES DECREASE FOR ARMS PACT AS OBIECTIONS ARISE France Appears Unlikely to Accept Four-Power Treaty Revision Plan. () Means Associated Press. N AN N\ LR NN N JAPAN WOULD IGNORE PRESENT NAVAL LIMITS Russia and Germany Also Protest Pacts of Proposals Considered at Geneva. By Cable to The Star. BY PAUL SCOTT MOWRER. GENEVA, Switzerland, May 25.—The better feeling consequent on the clari- fication of the American position on security “yesterday proved to be short lived. Today it is difficult to find any delegate who, in private conversations, will admit that he believes that even the broad outlines of a disarmament agreement are possible before the Eco- nomic Conference meets June 12 in London. In the first place, the four-power treaty revision pact, in which some diplomats have been placing hopes of straightening out the Franco-Italian and the Franco-German difficulties, seems once more to be in dire straights. “Prance apparently will refuse to sign it. Sir John Simon, British foreign minister, who started by airplane for Paris early today, turned around when half way and returned. He will go to London now without stopping in Paris. Objections Raised. In the second place, broadsides this NAZI FOES RIOT AS ENVOY ARRIVES New York Throng Enraged When Weidemann Gets Past on Tug. By the Associated Press. and also to negotiations on the Weldemann, representative of Adolf I draft. It refers once more to its note Hitler's German government at the Chicago. a few weeks ago, and the trend is “in | e A crowd of 1,000 man and woman anti-Hitlerites, awaiting the arrival of the Nazi official, became it was learned tha aide accom Columbus to a t Battery in Manhal Sy " ying banners Nazi murder and terror regime,’ crowds turned on the 50 uniformed INTRON AND STEEL === ?Atmosphere of American In- |’ Reserves w .arrived on utomobiles. drewdthelr guns and leveled them at the crowd. During the melee more than a score were injured, including four policemen, one of whom suffered a fractured right arm. l-Erly today a delegation from the German consulate here went to the pier to welcome Weideman and Gotthold Schneider, a German artist. Visit Declared “Insult.” Shortly after the arrival at the pier the anti-Hitlerites began to gather. Sensing trouble, German officials en- gaged a private and went out to meet Widemann an eider. ‘The departure of the Germans in the tug aroused the suspicions of the crowd and before the North German Lloyd liner docked the rioting started. The Socialist party of New York last night issued a statement declaring that the presence of Weidemann in this country “is an insult to the people of the United States.” “Any representative of this barbaric e in this country should be and will be met with execration and loath- ing,” said -Julius Gerber, secretary of the Socialist party. “There can be no will between Hitler's Germany and the working masses of this country and decent men and women in general.” ATT T BRITON DROPS 17,250 FEET BEFORE OPENING ’CHUTE Says He Was Conscious Through- out More Than Three-Mile Yall. Claims New Record. By the Associated Press. LONDON, May 25.—A world record for a delayed parachute jump was claimed yesterday by John Tranum. Jumping from a Royal Air Force plane at Netheravon Airdome at a height of 20,000 feet, he dropped 17,250 feet before opening the parachute. He came down 5 miles away. He saild he lost consciousness at no time during the descent. ?WOMAN IMPRISONED BY BATHTUB FOR 4 DAYS IS FINALLY RESCUE Doubt By the Associated Press. DENVER, May 25—Trapped in a bathtub four days, Mrs. Mary Benson, 67 years old and rather stout, rescued by police and firemen. Mrs. Benson, ‘who lives alone, she became weak while bathing Sunday and was unable to lift from the tub. In her efforts herself she became wedged under the faucets. Story. opinion of the whols world mod. bs wor! be Whetner this aciually ether us will be whether, if it is tflfli’lglder and m solini will consent to come, and Tt would Tesu, ase it problematicsl nt wor are roblematic ‘This sfternoon the wgum e sions will be E ence Committee has worked out a com- {):Mkmd hlrdm l:nis fast ‘g!flnlflm of lon whicl 58, of the five following moves: gl 1. Declaration of war. 2. Invasion of another’s territory with or without. declaration of war. 3. An armed attack on another’s territory with ships or aircraft. 4. Naval blockade. 5, Governmental support to the in- ;:gm of another’s territory by armed U. S. Would Hold Off. ‘There is also a provision for an im- partial, permanent and immediate fact- comuissi finding lon. ‘The United States desires to have nothing to do with all this. It is will- ing to consult, but not to bind itself in advance as to what does or does not constitute aggression. The present tendency is to make the whole security section of the British draft a separate (Continued on Page 2, Column 4.) KIDNAPERS CROSS U. S. WITH VICTIM California Police Await Full Report of Alexander, N. Y., Man's Hard Journey and Torture. By the Associated Press. SANTA MONICA, Calif., May 25.— Police last night awaited a full report on the story of Percy Tapp, 29, feed mill operator of Alexander, N. Y., that he was kidnaped by two gunmen be- tween Alexander and Buffalo, N. Y, May 16, threatened with death and spirited by motor car across the con- tinent. ‘Tapp was staying at the home of friends in Santa Monica, the address kept secret while he was being nursed back to health. His friends said he telegraphed his wife in Alexander that the two men stepped into his motor car while he was at a wayside filling station, pointed a revolver at him, and But Benefactress Nearly Gets Arrested When Police |told him i he was o sialt on & joirney uoted as saying the men dred dollars from his