Evening Star Newspaper, October 31, 1933, Page 1

WEATHER. (U. 5. Weather Bureau Forecast.) Fair tonight; tomorrow partly cloudy, not much change in temperature; gen- tle variable winds, mostly south. Temperatures—Highest, 76, at 3 p.m. yesterday; lowest, 48, at 7 a.m. today. Full report an page A-9. - Closing N. Y. Markets, Pages 14 and 15 The only evening paper in Washington with the Associated Press news service. enin @he Foening Star Yesterday’s Circulation, 117,444 Entered as seco: nd class matter shington, D. C. WASHINGTON, D, Oy TVESDAY, QUIOBER 21, 1909—FORTY PAGES. v+ Noo 02,090, poit omée, W UP) Means Associated TWO CENTS. Press. PREIDENT ASKED T0 UPSET 4-YEAR FEDERAL AGELIMIT Cochran Protests Civil Serv- ice Ruling and Is Joined by Many Others. MISS PERKINS ATTACKS DECISION AS HARMFUL Randolph, Jeffers and Couzens Fear Bad Example Is Set for Industry. Chairman Cochran of the House Committee on Expenditures in Govern- ment Departments, today appealed to President Roosevelt to upset the new civil service ruling against employmng any one over 40 years of age. Cochran protested in a letter to the Presideat that, in a subject of such grave ad- ministrative policy affecting workers all over the country and as an example to private industry, the decision should be made by a cabinet conference. Secretary of Labor Perkins frankly branded the commission ruling as “a very short-sighted policy,” and Repre- sentative Jennings Randolph, Democrat, of West Virginia, a member of the House Civil Service Committee, also dis- patched a letter of protest to the President. Chairman Jeffers of the House Civil Service Committee returned to Wash- ington today and immediately an- nounced he will give special study to the 40-year age limit and will have the question considered as soon as the House Civil Service Committee meets. He emphatically declared his convic- tion that 40 years of age is too young at which to bar any one from the Gov- ernment service, particularly as it will be a suggestion to private industry to do the same thing. Labor Fight Forecast. At the same time a fight on the issue by the American Federation of Labor was forecast, inasmuch as its executive council, in the annual report to the convention just ended here, declared “the policy of establishing an age limit for hiring workers is a grave menace | ment Age Limit as A man of 40 is right in the middle of life’s most productive period. He is neither more nor less able than a man of 30 or a man of 50, according to the concensus of American psycholo- gists who have investigated the growth curve of human intelligence, according to authorities cited at the phychology department of George Washington Uni- | versity today. But with the required period of edu- 1 eatlon for professional work now reach- | ing well into the late twenties and with tendency to make it longer, the pre posed limiting of Civil Service examin: tions to persons under 40 means essen- tially that a man is denled the right to make & fresh start in life. He is pra tically required to make his first choice 1and stick to it. | Trend of Intelligence. > The basic intelligence, sald H. F. | Hubbard, executive officer of the d | partment and one of the country’s fore- | most experts on personnel problems, in- | creases rapidiy from infancy up to about the eighteenth year. "Then it undergoes a slight and slow increase to 25 or 30. After this it remains | practically stationary, or drops off al- ! most imperceptihly, until about the six- {tleth year. After this, except in un- Men Are Declared Capable Of Best Work From 40 to 60 Psychologists Here See Proposed Govern- Denying Right,to Seek Fresh Start. usual cases, there is a sharp drop back to the childishness of old age. Thus, Mr. Hubbard inted out, at 40 a worker is essentially at the peak of his basic ability and is likely to re- main there for at least 20 more years. But this is only part of the story, he said. Besides the basic intelligence there are all sorts of special abilities which may go on increasing all through the years of middle age vith continued training and experience. “My personal feeling,” Mr. Hubbard sald, “Is that age might well be ruled out and the question of employment decided on ability alone.” Affects Scientific Bureaus Most. ‘The proposal to make 40 the age limit for taking civil service examina- tions would chiefly affect the various scientific bureaus, some of whose per- sonnel are barely through school at 40. But in most cases there are department regulations dealing with the matter. The Public Health Service has an absolute ege limit of 40 for physicians taking the entrance examinations. man of 40 would be allowed to take the | examinations, however, only in excep- tional cases where a specialist of out- standing ability in some particular field :l.;zneeded. Ordinarily the age limit The_average medical graduate who (Continued on Page 4, Column 3.) N.R.A. CONFIDENT - CODE WILL SOLVE SOFT GOAL FIGHT Johnson Prepares to Start| Trip as Captive Mine Pact Is Accepted. BULLETIN. PITTSBURGH, October 31 (P.— Philip Murray, international vice president, and presidents of the four districts of the United Mine Work- WIGEINS RECORDS BARE §12,000000 UNDERWRITIG NET Project Managed by Cutten| in 1929 Paid Sinclair and Banker. By the Associated Press. A search of Albert Wiggin's personal records disclosed to Senate investiga- tors today the formaticn of a series IRETURN OF INSULL 15 AGAIN REFUSED BY GREEK COURT Decision of Case Opened During August Comes Unexpectediy. CAUSE OF EXTRADITION HELD NOT MADE OUT Trend of Trial Had Indicated Chi- cagoan Would Be Freed Under Grecian Law. By the Associated Press. ATHENS, Greece, October 31.—The Appeal Court today denied the United ;smu request for the cxtradition ol | Samuel Insull, thus thwarting for the A | second time the attempt to return him to America. The court last November turned down the first United States request seeking the return of Insull, former Chicago utilities operator, to Cook County, Illinois, to face charges arising from the collapse of his enterprises. The decision today in the case, which has been dragging through the Greek tribunal since August, came unex- | pectedly. It had been assumed further argu- | ment would be heard when the court reassembled this afternoon. The trend of the case, however, had indicated the probability the Chicagoan would gbe freed, since court observers expressed themselves as believing the Greek jurists were not satisfied a case for extradition had been made out in accordance with Greek law. Indicted in 1932, Samuel Insull, monarch of a utilities kingdom that failed, was living in Paris | when a Cook County, Illinois, grand | jury, September 4, 1932, indicted him for larceny, embezzlement and larceny by bailee. The United States Government im- mediately took a hand in the proceed- ings and one month later, on October 8, the American embassy in Paris request for his provisional arrest. But the action came too late, Insull handed the French foreign office a| AW, ITS JUST ALLOWEEN) H CRISIS APPROAGHES N FARMING STRIKE |Powerful Milk Pool Joins Lockout—Opponents Plan to Use Force. | By the Associated Press. MILWAUKEE, Wis, October 31.— The farm strike approached a crisis in | Wisconsin today as the powerful co- | operative milk pool threw its strength | into the non-marketing campaign and | anti-strike sentiment grew in organiza- tions opposing the holiday. The strikers expressed determination [Mack to Sell Grove, |Walberg, Cochrane, Earnshaw, Bishop Chuck Klein of Phillies Held Purchased by the Chicago Cubs. | By the Associated Press. PHILADELPHIA, Octcber 31.—The Evening Ledger today says Connie Mack has traded Catcher Mickey Cochrane to the Detroit Tigers and has sold Lefty Grove, ace pitcher, “either to the | Chicago White Sox or the Boston Red | Sox, probably the White Sox.” “Cochrane has already terms to manage the Bengals, and | this announcement will be made very soon,” the paper states. agreed to| il ol \ ORDER SUSPENDING GRAIN PIT VOIDED !Federal Futures Commission Ruling on Chicago Board of Trade Set Aside. By the Associated Press. CHICAGO, October 31.—The United States Circuit Court of Appeals today set aside the order of the Federal Grain Futures Commission of July, 1932, suspending the Chicago Board of Trade from contract market priwleges for 60 days. ‘Three members of the Hoover cab- WORLD EOLD PRICE DECLINES AS R.F. C. BID SOARS 16 CENTS Domestic Quotation of $32.12 Is $1.07 Above Rate in Foreign Market. ASSURANCES AGAINST MONEY WAR AWAITED Preparations Are Made for First Purchases Abroad—Beginning Tomorrow Expected. By the Associated Press, The world price of gold slumped abruptly today in spite of President Roosevelt’s announced intention of buy- ing the metal in foreign markets, but nevertheless the domestic price at which the Reconstruction Pinance Cor- poration will buy was advanced to an- other new high. While awaiting assurances from Lon- don that Mr. Roosevelt's approaching operations would not arouse retalia- tory action and precipitate a monetary war, the administration set a price for the day of $32.12 per ounce for the yellow metal when fresh from domes- tic mines. By contrast, yesterday's price was $31.96 against a world price of $31.05. Today's world price, converted into dollars at $4.75)2 to the pound, the opening exchange rate, was $1.07 less than the domestic quotation. Dollar Strengthens. ‘The dollar strengthened today as against both the pound and the franc. The gold price announced daily at the Treasury has crept constantly up- ward since the first figure of $31.36 was established last Wednesday. Once before, the world quotation moved downward, but, as today, the domestic quotation was pushed higher regardless. Making preparations for the first gold purchases al officials hopefully awaited word from London that the British were taking the maneuver in the spirit in which it had been explained to_them. The London government had been told in friendly spirit that the Chief to the older worker. ers of Amer-a, today called on all |Of corporations in the United States Last week Connie Mack emphatically Executive's plan for raising prices here At the same time, it was made clear at the commission that the new ag\ limits will not be applicable on employ- ment registers now in existence, which means it will be several months before they can be operative, as that length of time will be required to prepare new registers, in the examinations for which the new scale is set. Chairman Cochran said those who are mentally sound, even it reached the age of 60, should no be ruthlessly told that they are not wanted | fon ?;?r;o'bvvemmenl Jjob. tion 5 In his letter to the President, Mr. Cochran inclosed an_exchange of let-| e had with Chairman Nl.\t,che“l o which the latter said that in nllin vacancies the younger applicant always ted. If the question of those over 40 becoming eligible for retire- ment pay was the only consideration, | Mr. Cochran pointed out, Congress could change that by a qualifying clause in the retirement act, stating those over a certain age on entering the| service should not participate. | Aroused by Other Limits. Mr. Cochran has been studying the notices for civil service examinations | and has been aroused by arbitrary age limits set by certain bureau chiefs, for | example, a fingerprint man for the De- | partment of Justice should not be over 25 years of age. In another case, a hurse over 30 years of age is prohibited | from taking the examination, and for 2 home economics job the limit was Dlaced at 30 years, which, he says, “is| a direct sl2p at & woman who has had | years of experience in the practical | Work of running a _home.” ! Representative Cochran also has, scrutinized the stenographers’ list and finds mincr administrative officers too zealous in their efforts to put young Women to work. In contrast, he points | Bo | tm 1l of the official reporters of de- g::.e aLn Congress and the official re- porters of committee hearings and the vast majority of secretaries and stenog- raphers to members of Congress are more than 40 years of age, and doing more ., efficient work, he says, than in most of the Government establishments. “The only alternative, if this new civil service edict is enforced,” said Mr. Cochran, “is to enlarge the poor houses | and enact an old-age pension law. Fears Industrial Effect. One of the gravest evils that Mr. Cochran sees is that private industry ~(Continued on Page 4, Column 4.) COAL STRIKERS AWAIT PRESIDENTIAL WORD Pickets Continue Vigil They Be- gan Seven Weeks Ago in Bi- tuminous Field. By the Associated Press. UNIONTOWN, Pa, October 31— With pickets continuing unrelentingly the vigil they began seven weeks ago today, the soft coal fields await miner reaction to the Washington-announced “substantial agreement” to end the long-drawn-out mine strike. William Hynes. president of District 4 of the United Mine Workers, said he feels sure the men “will go along.” Martin Ryan, local union chief, as- serted the strikers will await direct word from President Roosevelt -before returning to work. CYCLONE OVER CUBA - Disturbance of Moderate Intensity Centered Near Santiago. VANA, October 31 ().—The Na- tlunn:l Observatory reported today that 8 cyclonic disturbance of (;nodu;';.‘;m in- tensit; passing over Orf V- ince, ,wi‘v:'l.:s the cesmr estimated near ‘Santiago. ‘Santiago, the capital of the province, heavy rainfalls the last 48 T ours. rivers in the province went heTar Feet: banks 10 to 15 fect, de- Stroying crops and several small houses. o Toss of e] take a test in fair competi- | they have | teel industry, that Hugh S. Johnson | | —the code filed for the anthracite in- | Police May Employ members €. bloyed by steel com- pany-owned captive) mines to re- tumn to work immediately. By the Associated Press. Such confidence was shown today at N. R. A. that the dangerous captive mines labcr trcubles would be solved through the agreement President | Roosevelt obtained last night from the made plans to start his fiying tour of the West on Saturday. Only if the question of Henry Ford's | compliance with the automcbile code | at the I becomes delicate is the recovery ad- | testified the object of forming three | ministrator likely to change his starting dage. T primary objective of the trip A i5 to make & boid attempt 8t Wooing the farm belt out of its dissatisfaction with the recovery prcgram. The next to see how N. R. A. is wWorking away b TR from the big centers of the East. An | itinerary for the trip is being prepared. | Mine Trouble Feared. The chief worry remaining in con- nection with the soft coal mine situa- tion was whether order could be main- | tained when the captive mines, thcse | operated by steel mills for their own | exclusive use, are reopened. The ad- | ion | ministration’s information is that rov- | ing bands, not comiposed of actual strikers and financed from unidentified | sources, are mingled with the miner. | The new agreement, accepted last | night in general terms, required that, | temporarily, the existing union contract | enforced at commercial mines of the area shall be posted at the captive mines and its terms applied. Once and Canada to escape taxes, loans by the companies to bank officers and a gigantic underwriting account that netted participants $12,000,000. The profitahle underwriting project was managed in 1929 by Arthur Cut- ten, noted Chicago trader, and other participants included Harry P. Sin- clair and Wiggin's personal corpora- tion, it was testified. Wiggin, slumped down in his chair long committee table, frankly personal companies in Canada in ad- | dition to his domestic companies. was to cut down his income tax, but said he did not know whetber the plan had succeeded. Lists Directors. ‘The former chairman of Chase Na- tional Bank listed about a dozen officers of the bank and its~security affliate who were directors of one or more of his personal corporations, including Gates W. McGarrah, then chairman of the New York Federal Reserve Bank | and a former director of the Bank for International Settlements. Several officers and directors of the bank were shown to have been deeply indebted to Wiggin's personal com- panies at the end of 1932 when he re- tired with a $100,000-a-year salary for life. He relinquished this salary, how- ever, a few days after it was brought out by the Senate Committee. As the committee dug deeply into the operations of his personal corporations, work is established and maintained | without disorder, the men will have an | opportunity to select representatives to | draft an agreement of their own. The election of these representatives | will be supervised by the National Labor | ard, i Minorities that do not wish to deal | rough the union Will have their own | negotiations with the employers. The “checkoff,” or deduction of union dues frdm the pay roll, will be instituted by written assignment from each man. Hard Coal Code in Doubt. There was, though, a new potential trouble-maker before the N. R. A. today dustry. Although N. R. A. officials had ex- pressed hope they would have no par- ticular difficulty with this agreement, several features of the situation gave them pause. First, some big companies had re- fused to.sign it, objecting to its price- fixing clause;. second, the code con- tained no stipulation for a distribution of work; third, the agreement provided a 48-hour work week, whereas the soft coal operators accepted 40. Meanwhile, directors of the Govern- ment’s recovery drive face challenges from three directions, each arising be- hind legal points yet to be decided. Upon the doorstep of Controller Gen- eral McCarl rested for decision the (Continued on Page 4, Column 6.) Blood Test in Cases Of Drunken Driving Van Duzer Holds Pro- cedure Would Be Fair ‘to All Concerned. A blood test may be used by the Metropolitan Police Department after repeal of the eighteenth amendment to determine the degree of intoxication of automobile drivers arrested on suspicion of being drunk. Trafic Director Willlam A. Van Dugzer disclosed today that he and a group of prominent authorities on psychology had for some time been working on a plan that would meet the various problems that might arise in traffic cases after legal liquor returns and have about decided that a blood test would offer the best solution. The blood test, Van Duzer said, has been used successfully in Sweden in separating drunks from those who had merely reached the stage of ecstasy and life or injury was reported. (Continued on Page 3, folumn ¢.) Wiggin read a prepared statement say- ing his companies had a net loss of $5,139,697 from participating in syn- dicates with the Chase Securities Cor- poration since 1917. $877,000 Profit Cited. ‘Wiggin could give little information about the underwriting syndicate man- aged by Cutten and the profit figures were placed in the record by Ferdinand Pecora, committee counsel. Although Pecora said his personal corporation made profits of $877,000, Wiggin said he only had a “vague recollection” of the operations. After Wiggin had told of the loans to bank officers, it also was brought out that the personal corporation of Wig- gin had lent $724000 to Gerald M. Dahl, head of the Brooklyn-Manhattan Transit. ‘THe financier testified that 10 officers of the Chase Bank or its affiliate were directors of his personal corporations which dealt extensively in bank <tock, selling short as well as buying. Wiggin was questioned by about the operations of the Shermar Corperation, the chief of Wiggin's do- mestic family corporations. Pecora asked if any of its officers were also officers of the Chase Bank or the Chase Securlties Corporation. lying in the affirmative, ‘Wiggin named Lynde Selden, vice president of the bank, who was a vice president of the corporation. “He is my son-in-law,” the banker Directors of Shermar and his other personal companies, Wiggin said, cluded 10 officers of the Chase or the Chase Securities Corporation. He named among them himself, Rob- ert L. Clarkson, president of Chase Se- curities Corporation, and Willlam P. Holly, vice president of the bank. McGarrah Shermar Director. One of the directors of Shermar, Wiggin added, was McGarrah. “That shows the tie-up between the Federal Reserve and New York banks.” Senator Couzens, Republican, of Michi- gan, said with a smile. Wiggin renugg1 thdlt McGarrah was 8 close personal friend. During the discussion of his Cana- dian companies, Wiggin was asked if he paid income tax in Canada. “I'mr-advised,” he lied, - “that no income tax was returned in Canada be- cause my counsel said there was no tax to be pald.” ‘Formed in 1925. said, were formed in 1925 and dissolved (Continued on Page 4, Column 4) Gov. Gore Delays Operation. SAN JUAN, P. R, October 31 ().— Gov. Robert H. Gore, who had intended to enter a hospital today for observa- tion of an internal disorder, has post- poned this until Thursday. already had quietly left Paris. He went | to Italy, but remained there only a | short time, then went on to Greect | The United States asked the Gree | government to extradite the Chicagoan. | but encountered difficulties, due to the fact that extradition treaty was then only in process of negotiation between the two governments. Greek courts refused the American request in a ver er 28, 1932. In that decision, the court took consideration that the transfer of money in the Midwest Utilitles Co. by Insull to the brokers of Martin J. In- sull, his brother, was a loan, the pur- | i stock in which the company was greatly interested. e ruling held that Insull had no Tht | fraudulent intention, that he commit. | ted no offense. and that therefore. the petition for extradition should be | jected and the arrest warrant annulled. | Justice Renews Fight. | The United States Department of | Justice renewed the fight, however, | August 25, 1933, with a formal request to the Greek government for Insull's extradition upon a new indictment. This new indictment charges thc former utilities operator with violation of the bankruptcy laws. The present hearing was based upon this request. Martin J. Insull, now living in Oril- lia, Ontario, waged a fight against ex- tradition in a Canadian court simul- taneously with his brother's battle iu Greece. Whether he wins depends on a de- cision to be made by Justice A. C. Kingstone of Toronto, who heard the | case, in the near future. DISAPPOINTMENT SEEN. e Chicago District Attorney, However, to Prosecute Others. CHICAGO, October 31 (#).—Although disappointed by the refusal of the Gre- cian Appellate Court to yield Samuel Insull to the United States, District At- torney Dwight H. Green indicated to- day the prosecution of others indicted would proceed. “Naturally it is a disappointment,” Green said. “We were confident our case would be successful.” The elder Insull had first been in- dicted by the State on larceny and em- bezzlement charges. Subsequently In- sull and his associates on the official roster and directorate of Corporation Securities Co. were indicted by the Federal Government for using the mails fraudulently in the sale of investments. Finally, these charges being no grounds for extradition, the Federal grand jury returned indictments al- leging violation of the bankruptcy act in the concealment or transfer of assets. Government officials were _confident Insull and his brother Martin, in On- tario, could be extradited on this charge. Proceedings for the removal of Mar- tin Insull from Canada are still pend- ing. Green was uncertain whether any step to gain custody of Samuel Insull would be possible. Sam- uel Insull, jr., as usual, refrained from bank | any comment on his father’s case today. dict rendered December | pose of which was to save the price of‘ today | Ing to stop shipment of all farm products. | Oppositionists declared they would mar- ket their goods, using guards armed with shotguns to protect necessary. There was little activity reported in | other States, although Iowa pickets | stopped a truck near Moville and re- | | 1eased its load of live stock. i Meanwhile the problem of farm prices | | occupied the attention of the Depart- | | ment of Agriculture at Washington and | | a 10-State conference of Governors and | farm leaders at Des Moines. % Milk Pact Amended. | Becretary Wallace yemle‘rdxy signed | C amendments to the “milk marketing | agreement and license for the Chicago milk shed, effective November 3. They provide that the price to producers of fluld milk will be increased to $2.10 a hundred pounds. The present price is $1.75. Many Southern Wisconsin farmers ship to Chicago. The proposal finding most favor at the Governors' conference - was farm price fixing by the national administra- tion. Gov. Floyd Olson of Minnesota, its chief proponent, said the “business of providing the national food supply should rank as a public utility.” Leaders of farm groups in Illinois, Wisconsin, Michigan, Indiana and Iowa organized the American Federa- | tion of Milk Pools at a meeting in Chicago last night. Theodore Wal-| lenslager of Menominee, Mich., was elected president. Application for a | charter from the American Federation of Labor was considered. Included in the demands made at the | Governors' Conference ai Des Moines were those for farm embargos, mora- toria on mortgage foreclosures, cur-| rfincy expansion and remonetization of silver. | ‘Would Support Program. ‘The Governors meeting at the cnll.ofl Gov. Clyde L. Herring of Iowa also| heard President Charles E. Hearst of (Continued on Page 2, Column 5) 300 STUDENTS ROU1:ED BY EARLY MORNING FIRE Building on Grounds of Church School in Chicago Suburb Is Destroyed. By the Associated Press. © CHICAGO, October 31 —Three hun- dred boy and girl students of Broad- view College, a private Seventh-Day Adventist school, were routed from their beds early today by a fire that destroyed the woodworking shop and the glueing room building on the grounds in suburban Broadview. Boy students aided firemen in bring- the blaze under control and pre- venting it from spreading to nearby . T. W. Steen, president of the college, estimated the loss. at be- tween $15,000 and $20,000. By the Associated Press. VIENNA, October 31.—A secretly cir- culated Socialist newspaper, Die Stim- me, today warned President Wilhelm Miklas that he cannot evade personal responsibility for the collapse of con- stitutional government. The newspaper pointed to the fact that the constitution clearly commands the President to call an Autumn ses- sion of Parliament. 3 Drawing sttention that even Kings had been beheaded for trampling the Parliament's vital budgetary furictions, the paper reminded the rank and file of the Soclalists they are not to walt for mass acticns or specific instructions from their leaders, but to “show in- itiative.” £ s STAND UP FOR RIGHTS, AUSTRIANS EXHORTED BY SOCIALIST PAPER violation of the mndmen:ln fifi?& of T 3 e erth. Dic. Stimme added, each individual w::lt,n mu;t wc!%lml;d‘g thinking, ‘i can " to be trodden ly statement saying he was unable to call the e:.;lhlmn lsd' on of Parliament be- Spring session technically still unadjourned. (Paralyzed, but theo- M?vammw other surprise today when Nazis hoisted a swastika flag to the pinnacle of the City Hall tower. 3 denied the club has made any deals. ‘The Ledger also says that Max Bishop has been turned over to the George Earnshaw, right-hand hurler, strong chance that Rube Walberg will join the big parade.” ing to the Phillies cf the Na- tional Lesgue, the paper revives the port that Chuck Klein. the circuit's leading hitter last year, has been sold to the Chicago Cubs. EASTMAN STUDIES PRINCE RAIL PLAN | Rail Consolidation Estimated to Save Three-Quarters of a Billion Dollars. By the Associated Press Big savings through consolidated op- | erdtion of terminals in large railroad | | centers are a basic claim of proponents | of the Prince plan for co-ordination of the Nation's carriers. ‘The plan, estimated to save upward of three-quarters of a billion dollars an- nually on the basis of 1932 traffic, is one of those being studied by Joseph B. Eastman, Federal co-ordinator of trans- portation, who intends to make recom- mendations to President Roosevelt for legislation. The proposal was first laid before the President last Winter by Frederick H. Prince, Boston financier. Briefly, Prince proposes that railroads be grouped into seven systems. Dupli- cating facilities would be abandoned. Through savings in cost of operation, it was estimated in a series of studies which just became public in Interstate Commerce Commission and Reconstruc- tion Finance Corporation quarters here, that the railroads in 1932, by working under the Prince plan, would have made $496,244.000 instead of having a deficit of $247,245,000. Study Reveals Duplications. ‘The most complete study was of the Reading Raiiway, which duplicates many facilities of the Pennsylvania Railroas The latter would be the par- ent line in system No. 2. to which the Reading and its controlling company, the Baltimore & Ohio Railroad, would be assigned. A complete revamping of commuter traffic in and around Phila- delphia and passenger service between New York, Philadelphia, Baltimore and Washington would result. Other studies deal with great ter- minals at St. Louis, Chicago, Detroit, Columbus, Cincinnati, Louisville and other Western cities. At 8t. Louis and East St. Louis, where all seven of the systems would meet, the study says that of the 40 separate freight yards at least 10 could be dis- g;nsed with; half of the 23 freight uses; 16 of the 28 engine houses. (Continued on Page 4, Column 7.) e e GEN. CHIN ARRESTED Ordered Held Because of Secret Agreements With Soviet. NANKING, October 31 (#).—Gen. Chin Shu Jen, former chairman of the Sinkiang provincial government, was arrested by executive order today for concluding secret agreements with So- viet Russia, antagonizing Mohammedans and exploiting the natives. | Mrs. Pinchot Flies West. HARRISBURG, Pa., October 31 (P).— Mrs. Gifford Pinchot, wife of the Gov- icago today | tnet—the Attorney General, Secretary of Agriculture and Secretary of Com- | merce—had issued the suspension order their trucks if | Red Sox in an exchange for cash, that | after hearing the complaint of the Farmers' National Grain Corporation, | will be sold, and that “there is a, co-operative sponsored by the Govern- ment, that it had been deni learing | house privileges to whieh e :1- en- ‘The suspension order never went into effect, the board immediately appea] the grain commission's order and chal- lenging the grain futures act. BALTIMORE WOMAN SHOT TO DEATH IN MOUNTAINS —— Miss Bessie Darling Found at Her Summer Hotel—State Employe Is in 'Hospital. By the Associated Press. DEERFIELD, Md., October 31.—Miss Bessie C. Darling, 45, of Baltimore, was found shot to death at her Sum- mer hotel here today and George Schultz, an employe of the State Health Department, was seriously wounded. Details of the shooting were not im- mediately available because of the lo- cation of the hotel in a remote sec- tion of the Frederick County Moun- tains. Schultz was taken to the Frede Hospital, where his condition mrécels scribed as very serious. == Patent Appointee Considered. Officials of the United States Patent Office said today that Richard Spencer of Chicago is being considered for ap- pointment as first assistant to the patent commissioner, They sald no decision had been reached as yet, however. | 'Gold Propaganda Unuwittingly Assists Bogus Mine Stocks Promoters Flood New York, Using U. S. Activi- ties as Selling Point. By the Associated Press. NEW YORK, October 31.—Aided by unwitting Federal Government propa- ganda, spurious gold mining stocks are flooding New York, Ambrose V. McCall, chief of the bureau of securities at the State attorney general's office, declared today. Promoters of fraudulent certificates are utilizing Government activities in encouraging gold mining and offering premiums for new ld as attractive selling points, he 5 “The hardest thing we have to com- bat is the Federal propaganda,” Mc- Call said. “They even make movies fiouold mining and have them shown und. “All you have had to say for the last couple of months is ‘gold’ and people can't think of else.” The gullible are more so than ever and the “sucker list” is growing at an alarming rate, McCall asserted. “All the old gang that we had routed 1s coming back, “They're finding thedlploc‘klu‘;p ensy.‘;e modus romoters, McCall explaired, 1o this: - © 2 thought we " he added. £ and steadying the dollar abroad was purely a matter of domestic policy dic~ tated by.conditions within the country. It could hardly be construed, the British were informed, as a malicious move designed to weaken the position of Great Britain in the world of trade, nor as an unfriendly gesture aimed at any other nation. There were intima- tions that Britain's first reaction was sympathetic. £ Plan Foreign Purchase. i London. ir. Booscrelts advimes Toom ceeded busily with preparations for m: the first purchase of foreign gold, hoping the transactions could be- §in tomorrow. Busiest of these, per- haps, were Federal Reserve system of« gc“l:l& Although the Reczstrueuon chaser, the New B-.??Kl wfllldbe s agent, o e gold must be paid for in pounds, L R AR arls an ilders bo_\zx‘:m ‘;‘ui Amstgrdlm. o i acquire these foreign curren: the “Reconstruction Finante Gorpora: tion must buy foreign exchange, must sell dollars for pounds, francs or guild- ers. By constantly offering dollars and consequently increasing their supply on the foreign exchange market, many economists agree that, lacking resist- ance from European capitals, the ad- ministration could force the dollar value of the pound constantly upward, thereby depreciating the dollar in its rrl;‘uon to the pound. r. Roosevelt apparently has the British that he con{emph‘\‘?sur;: such extremities, that his prime pur- Ppose is to increase the price of gold abroad as well as here for its buoying eflect upon commodity prices and to avoid such wide fluctuations as have characterized the dollar-pound rela- tionship in the last few months. London Has Weapon. ‘The London government ha: 5 8 read. weapon for retaliation, which nlrendz has been in extensive operation. It is the British equalization fund which has sought to keep the pound stable, in some instances by buying abroad, much (Continued on Page 4, Column 8,) CAMERAMEN BANNED AT CRAWFORD TRIAL Judge Bars Pictures in Court Room and Overcrowding in Forth- coming Hearing. By the Assoclated Press. LEESBURG, Va., October 31.—Judge J. R. H. Alexander of Loudoun Circuit Court has announced that the forth- coming trial of George Crawford, col- ored, under indictment for murder in connection with the slaying of Mrs. Spencer Ilsley, social registerite, and her maid, Mrs. Mina Buckner, will be conducted with the utmost dignity. ‘The court does not intend to permit the court room to be overcrowded dur- ing the trial, and after the seats have been occupied the doors will be closed. Newspapers, of course, will be given " | space for working reporters, but Judge Alexander says pictures must not be taken inside the court room during the Guide for Readers Financial . Lost and Found Radio ......... 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