The Key West Citizen Newspaper, July 17, 1933, Page 1

Associated Press Day Wire Service VOLUME LIV. No. 168, Wiley Post Making Great Speed On Makes Landing At Moscow Today; Arrived At Ber- lin Early Morning (By Associated Press} MOSCOW, July 17.—Wil- ey Post, American round- the-world solo flier, landed here from Koenigsburg, Ger- many, today and a few hours later soared eastward on his 1900 mile journey to Novo- sibirsk, Siberia. Perfect weather conditions Prevailed from Moscow to the Ural mountains. Post refused a chance to sleep a few minutes at the Moscow airport to speed, up mechanics working on his Post, confident of shatter- Hour This His Solo Flight)” YOUTH PLACED IN JAIL AS SUSPECT IN ROBBERY CASE IN CONNECTION WITH MON. EY HE CLAIMS TO HAVE FOUND ON VACANT LOT James DeVoe, eight years of { age, was rich for a brief time and splurged with his companions while he distributed gifts of a dollar to some of his pals and 50 cents to others, Now Jimmie is in the county jail awaiting investigation of the source of the money he so lavish- ly spent which authorities believe was the $15 stolen from the home of Mr. and Mrs. Emil Sweeting at | 826 Eaton street on Sunday aft- ‘ernon, July 9. of the sheriff that the boy was i spending lots of money, for one so young, and Chief Deputy Clements Jaycocks investigated. He caught DeVoe and question- ed him. He found that he had JAMES DeVOE QUESTIONED; Word was received at the office | KEY WEST, FLORIDA, MONDAY, JULY 17, 1933. ecccee Managed Money--- What It Is By J. R. BRACKETT The Kep West Citen For pe} 1930 (By Associated Press) NEW YORK, July 17.—After} concluding that gold at a fixed price was the long-sought stable money base. is the world now to he VALUE OF GOL' RMS OF COMMODITIES | change tune and decide, paradox- ically, that gold on a fluctuating 1 price is actually more stable? One of the major proposals of the advocates of a managed money | system is that unless gold’s price is made to change in relation to oth-; er prices the inequalities conse-| BASE 1910-1914 = 100 quent to violent price changes will | continue, even grow worse. Gold A Commodity The first fact required for un- derstanding this argument is that 50h nace FIXED BURCHASING POWER 40) gold is a commodity. Watches} and rings are made from it, just! as es and forks are made from | silver, or bread from wheat. But gold almost alone has a_ fixed price. The legal definition of a gold dollar is 28.22 grains of gold, which is at the rate of $20.67 an! ounce. The price of wheat, for example, varies with supply and demand so that the “price” comes) to represent wheat’s “value.” j Supply and demand, however. | have no effect on the “price” of; dollar with a purch: | gold, but they do affect its “value” | The usual relations —what it is worth in terms of wheat and other commodities. Would Stabilize Gold Value The purchasing power of gold, and that of currency, when, of Advocates of plans for | mand. an average of prices of several 7 standard, are the same. Advo-!sort of “composite commodity.” “mana ging” g power un varying in terms ip is expressed in commodities in terms of gold, but the chart above shows gold vale measured by commocities re- ; auired to buy it, under the fluctua ting impulses of supply and of he original d course, the money is on the gold | hundred commodities, in effect, a| pure chasing | posite commodity” | ; money have as their goa! a commodity. de- with the prices of such a group— tenth of gold or a $1.10 in money. ould h, lost le the vould be more 53 Years Devoted to the Best Interests of Key West PRICE FIVE CENTS _Two Airmen Making Non-Stop Flight Killed During Plane Crasi HUTTON, HUSBAND ‘ECONOMIC MEET OF AIMEE SEMPLE, | NOW WEAKENING, | DEMANDS cali ai REPORTS SHOW TO FILE SUIT ON GROUNDS on MANY OF BELIEF THAT PAR- MENTAL CRUELTY; AIMEE] LEY SHOULD NOT RECON- RETURNING HOME FROM; VENE FOLLOWING AD- EUROPE JOURNMENT UNTIL JULY 27! | (By Assay (My Ansocinicd Prese) LOS LONDON, July 17.—Leaders of David’ Halton arin band, of} crusading Evangelist Aimee Sem-| the Economie Conférence have de-| ple MePherson Hutton, said he} t ooks il would file suit for divorce today | ere thet’ toe aR RE ee perior court on grounds! the broth. eruelty | 1 | | \ said that’ the Unless they change views, the . who married the} emple evangelist ago on a flying trip to! 27, will not be reconvened! in its . Arizona, is tired of having of his married life cussed } » evangelist is on the high; enroute home from Europe. | reconvened, was voiced at toda: conference, which will recess July | entirety. Belief the parley should not be meeting of the steering committee, cates of a managed currency argue! , Suppose an ounce of gold was, valuable. The person who re it is understood. lpeetis And Girenas Mis- took Tree Tops For Mea- dow In Attempted Land- ng, Believed (By Associated Press) SOLDIN, Pomerania, Ger- many, July 17.—The air- plane Lithuanica in which Stephen Darius and Stanley Girenas were attempting a non-stop flight from New York to Lithuania, crashed early today at Kuhdamn, near here, and both fliers were killed. The plane was discovered in a forest. The , bodies of the airmen were ree it. A local farmer heard the crash about 7 o'clock this morning, but actual discov- | ery of the ship was not made NEW OFFICER TO ASSUME CHARGE had $15 which he claimed he found } under a bottle in an empty lot on! Elizabeth street. He said that hej discovered it on Saturday, left it) there until Sunday and went back | ing the world record of 8 days, 15 hours and 51 min- utes which he and Harold that gold causes all money to}w Sorth $10 one week when 10 units‘ c d the commodity would find fluctuate too violently in “value” |of the “composite commodity”! the value of his money reduced |_purchasing power—because any |were also worth $10; suppose in; If the price of gold is changed, one commodity tends. to be un-| the next week the 10 units moved and thus the price of the dollar, juntil a few hours later, Soldin is situated on a Inke There is a growing feeling, in which some American delegates | Gatty set two summers ago,| left Floyd Bennett Field at 4:10 a. m., Eastern Standard time on Saturday and arriv- ed at Berlin early this morn- ing. ~He- 4s flying in his’ white and purple monoplane, Win- nie Mae, of Oklahoma. The flier, who is attempting to encircle the globe in a solo flight, encountered bad wea- ther northeast of Koenigs- berg, Germany. O'CONNELL MAY BE RELEASED IN NEW YORK CITY TWO NOTES FOUND NEAR WHITE PLAINS AND YON. KERS POSTMARKS; CLOSE TO MANHATTAN (My Associated Prensa) ALBANY, July 17.—Strong) feeling prevailed here today that the kidnapers of John J. O’Con- neyy, Junior, would release him in New York City or in the metro-| politan district suburb. The belief was given O'Connell, the youth's uncles, one} of the first three notes bore Yon- the fourth,! | The other two were mailed in( o'clock for Albany. | ALL | tion the boy’s fate may rest. ‘FLORIDA BRINGS t impetus, | when it was learned that of four} letters received by Ed and Dan! to secure it. He described the three $5 cer-: i tificates accurately to Mrs. Sweet- ing, going into details about the Abraham Lincoln phdtograph on the bill, but protested he found the bills as stated. Asked if he could count, James replied he could count up to 50! Did he know enough to co moehy? asked Mr. Jaycocks. “ I could cunt money,” he salle Mr, Jaycocks handed him four $5 bills and asked him how much was there. Jimmie said, “Five, ten, 15 and five is twenty. Twenty dollars, sir.” When shown a $20 certifi-ate ; he promptly gave the tion and reiterated his statement that he could count money up to 500. Not having this much handy, Mr. Jaycocks did not put him to the test. If Jimmie found the money he may come out all right. If he took it , | it from the Sweeting home, it may just be too bad, and will possibly nip his career in the bud as it is probable he will be sent to the reform school at Marianna if found guilty. Finger prints photographed in the home of Mr. and Mrs. Sweet- ing and those of young DeVoe are being compared by Roy Hamlin, and on the result of this investiga- 85 PASSENGERS THIS MORNING WITH HEAVY SHIPMENT The steam: hip Florida, of the} P. and O. S. company, arrived from Havana turday afternoon with 85 passengers and sailed 6: Tampa with 37 pas- sengers. White plains and Yonkers are} close to Manhattan and the last|Clyde-Mallory line, list of intermediaries was publish. ed in New York City newspapers. STORM 200 MILES SOUTH OF HAVANA OF SLIGHT INTENSITY; MOV. ING WEST NORTH- WESTWARD (By Assectated Press) WASHINGTON, Jely 17. ~—Weather Bureau today = is- sued the storm warnin Bee geen disturbance hundred miles south of Ha- vana. It ois moving west northwestward about eight- les an hour.” | of freight for Key West. | consignments of freight | carload of a famous brand of beer Freighter Colorado, of arrived this morning with heavy shipments the was | for a local distributor. After discharging cargo the vessel sailed for Tampa and Mo-! bile. ‘NEW LIGHTHOUSE KEEPER ARRIVES} Leonard L. Galloway, Keeper, arrived yesterday | Charleston, § + Where he been employed in the Sixth Dis- trict and reported for duty this morning at the local « Mr. Galloway has been assign. Alligator lighthouse ed first assistant keeper te station as The va- denomina- 5:30 | In the) al stable. year and two bushels in another. ! The idea of managed money is | would fluctuate with its purchas-' $ to make that dollar purchase ap-;ing power—its “value” bad proximately the same amount of | the compo: i a group of commodities all the time. This means that $1 might | to $11; then the price of an ounce purchase a bushel of wheat in one | of gold automatically would be-, The price of gold, there-|changed, the 10 units of eommo ,| fore, would be meds to fluctuate dity would buy an ounce and one- s will been er to ‘the person find that b: changed in purchasing 10 to keep up with the | posite commodity.” The theory is that. on aver 2ge. neither the commod holder er the money holder would lose or (gain by such price changes. ‘come $11. The “price” of gold) in buying If the price of gold were not so DISAPPEARS FOR HIS SECOND TIME: HEAD OF HARRIMAN NATION. AL BANK AND TRUST COM- PANY MISSING FROM RE-! GENT NURSING HOME (iy Associated Press) NEW YORK, July 17-—Joseph W. Harriman, former head of the Harriman National Bank and Trust | i | Company, cisappeared today nursing home. William J. Donovan, | counsel for Harriman, who is un-| der $25,000 bail on a federal | bank's books, States Attorney George Ze Med-! alie of the disappearance. } out” throu; service entran: the home, entered a taxi: that a boy who was close by »: to Fort Lee Ferry”. Authorities are watching Can-_ jacian and Mexican borders and seaports. 'RELIEF COUNCIL MEETS TOMORROW : } | MATTERS OF GREAT IMPORT- ANCE TO COME BEFORE SESSION | from had} At morning rooms the Emergency- Re- cul wi da meeting f importance “i will be discussed and nber is expected to be William W. Demeritt, a Ns 10:30 o'clock in the chamber of com- temerrow merce } hie te all yee J.W. HARRIMAN [Some Key Wester Given Chance lier ta West Fala Reach oc Key | | of marine fireman under the Fed- teeters, Alabama, he said today., forthe district engineer's office the second time from the regent | Montgomery by July 26 at the | latest. chief | to $1320 per year. | dictment, charging alteration of | Works should give the preference § } FREIGHTER COLORADO HERE notified United! to bona fide citizens of jon public works in the state Donovan said Harriman “skpped lea labor or aliens. 2 BURGLARS VISIT | the taxi driver was told to “drive! { | \ | | been completed. To Get Job 2 Marine _— WASHINGTON, sa 17- Sen | DREW MELLON | ator Trammell wants someone liv-! | West to have the civil service job OTHER TREASURY OFFI- CIALS INCLUDED IN PRO- CEEDINGS IN PAPER FILED BY FORMER INVESTIGATOR eral District Engineer at Mont- | Applicat hould be filed with in (By Associnted Press) WASHINGTON, July 17.—A $220,000.000 tax suit against An {drew Mello f The senator declared that the tyeasyry as by J in the District ne ‘court, The job pays from $1260 n ar of ‘ederal Administration of Public - Col : f Columbi Florida special ged ¥ stead of giving the jobs to import- with govern a foreign GROCERY _— | PLACE SITUATED ON SOUTH- ; ARD OPPOSITE BAHAMA STREET AT HIGH LEVEL (My Ansociated Press) NEW YORK, July 17.— Stocks and s:aples soareg to- day on wings with renewed optimis mat ite highest levels for the past two years or more, reached by most cors- modities and leading securi- ties. May wheat jumped five cents a bushel, cotton $2.00 « bale and barley ten cents a bushel STRAND THE. ATER BR w bs EMERGENCY CALL Alec street opposi entered b. and tt all unting to ido Per he police fore the theft and rt vestigation, b with any clew as to the perpetrator the robbery. That something was wrong was determined about 16:30 o'clock last night when the pr discovered a window open f the building. Investigation was x and the loss of the man of vised ¢ B tr covered Only Raui R , IT’S GREAT TO BE ALIVE Matine~ 10-15 Night 15-25< is secured dria Stew AL was opened | IS DISMISSED NAVY UNIT HERE} LIEUTENANT JACKSON CAME) IN LAST WEEK FROM PACI-! FIC COAST; WILL TAKE PLACE OF LIEUT. TELLMAN Lieutenant W. B. Jackson, U. S. N., will ‘assume command of the communication service at the local station as soon as the formalities; of the transfer of the. station,! which began this morning, has! Lieutenant Jackson, who was recently detached as staff com-! mander of the battle forces on the, Paci coast with headquarters at San Pedro and transferred to West, arrived over the high-| ay last week accompanied by; Mrs. Jackson and their two-year-| old daughter. As soon as Lieutenant H. A.' Tellman, U. S. N., in command of the loca] station has received his orders and proceeds, with his fam- { ily, to his new assignment, pos-! sibly on the west coast, Lieutenant/ and Mrs. Jackson will occupy the} quarters in the naval station that was used bj the Tellmans. MALONE WILL GET PLACE ON BALLO ONE OTHER MAYOR TO HAVE! NAME ON REPEAL TICKET IN SPECIAL ELECTION | } of ich will be ng the names oridians ¥ al ele in repeal of the ndment to the constitu- ve that rot of Florida dé. William y West, H and Clay Three naine Wil n have also Vause, editor Frank B or in chief the Mes FR. eer { the n; Miam Herald; of member of Piori delegation to the ion = named Sparkman Hert, irs. Herman Dann, of St rg; Mr Beulah i es are Hanvah, have ced to appear on the bab t are HU. Piebelman, attorney i Miami; Joba V. Monahan. of Mrs. Haugh Mathe oman; Ray Lee, Matt G R. ¢ of the Women’s. Or- « Probibition Reform Lake county 7 dete meet 14 eeu r sn¥entien Nwrember r ast the aiiahamnee t may | } ' ing, the armada filyi |New York, remaini tion ballot on Octo-} of Mayor Wm. H.; cities} Marie Holder-} —Go w of The Cocoa Tribune. | aby concur, that the conference, as new constituted, is so unwieldy, it blocks its own progress. brought If, and when, into by the same name near the border line of provinces Neu- mark and Pomerania. Police surmized the avia- don, Geneva or elsewhere, its num- bers will be whittled down. ‘GENERAL BALBO T0 VISIT ROOSEVELT ITALIAN AIR MINISTER AC- CEPTS INVITATION TO WHITE HOUSE ny Ansoelated Proms) CHICAGO, July 17.—Ge Balbo accepted today an invita. tion to visit President Roosevelt at the White House late this week. Postmaster General Ferley pre- sented the pre: invitation while the Itali ister was eee his of fi ” Weshinigion; however, probably | will not have a visit from the en- tire fleet. eral Balbo said the return tripry ig directly to for j several days preparing for cron |ing the southern Atlantic to the | Azores and then to Italy. PERSONS SHOWN IN STATE WORK GOVERNOR SHOLTZ AND CAB. INET TO INVESTIGATE SIT- UATION OF ALLEGED NEPO-| TISM AT STATE HOSPITAL (ity Awevcinted Prens) TALLAHASSEE, Fia., July 17. cnet Dave Sboltz and his sitting as the beard of: sioners of state institutions: ok into the matter of 4 on the state pay- nmi related per: Chattahoochee. The to the board’s attention whea he «ives, fathers and sons, uncles and nephews employed at pital Board members agreed that the int “looked bad” but said the mar Walker, |ter ehould be investigated care-} Camp.) folly since a momber of cases may | be proper employment. Attorney General Cary entenepotien law dees net cover the situation sinee the workers st the hospital are employes of the state’s beard mot ef their relatives who i jvana, Cuba.) om the came payroll, ben call at the city} ld start Wednesday morn-| governor called the matter | the hos-| D.! i Landix advised the beard the new j being again, in Washington, Lon-|tors, in attempting to land, mistook treetops for a mea- dow. There was some doubt about the exact time of the crash. ies indicated the men died between 3 and 5 a. m. | A cyclist discovered the | plane with its wings hanging from trees, A guard was placed at the scene by police, and bod- ies left there for the time be- jing. | | MOTORISTS FOUND GUILTY IN DEATH OF MARIE CAREY |GEORGE DIELH SENTENCED TO PRISON FOR RUNNING DOWN GIRL WITH AUTOMO. BILE IN MIAMI ' | | | Diehl, found g George H. 63-year-old | mote rist, was ‘day in Miami 5 for the death of Marie Carey laughter of Mr. and Mrs. Oliver lore, formerly of Key West, and of bei sentenced to 20 yeurs in state prison, Marie was playing on July 3 ‘near a fireworks stand on North | West 62nd street, The arftox the road obiie idriven by Diehl, seft struck the child, throwing her distance of 65 feet 2 to the catastrophe. The car struck an atte trailer, the fireworks stand « ward of roll at the hospital for the iaane concrete post before j travelled « distance Oliver Carey. father child, was in Key West of th several been | presented # list of hosbands and weeks ago for a visit with rels- tives, ST ORM REPORT WASH!» OM, D. C., Daly 17 -The tropical disturbance of ‘alight to reoderate intensity f« ap- parently central shout jatitade 24, iengitude 83 and m moving weet- northwestward shout 14 miles an hear. (The por tS mites seut given Is abent southwest of Hae