The Key West Citizen Newspaper, November 28, 1933, Page 1

Associated Press Day Wire Service VOLUME LIV. No. 282. Great Rivalry Exists In Monetary Problem “American Dollar Main Top- CITY COUNCIL ic At Meeting Of Differ- ent Factions In Interest Of Matter (Ry Asnociated Press) NEW YORK, Nov. 28.— Two schools of monetary thought played an oratorical tug-o-war with the American: dollar at. rival meetings last On ‘one side was Rev. Charles. Coughlin, “radio priest” of Royal Oak, Mich,}| defending at the Hippo- drome the Roosevelt mon- ey policies, On the other were crusad- ers urging “sound” money and decrying inclation. Coincident with the two meetings a manifesto which | time, it is said, will mean a saving) was signed by 37 Columbia University professors was made public, It urged “expeditious” return to gold standard by the United States. Still another element add- ed to the difference of opin- Idaho in which James War- burg, banker, suggested a “modernized” international gold standard. “PROFESS THEFT” AUTO TAG NOW OUT SAMPLE HAS BEEN RECEIVED BY TAX COLLECTOR FRANK H, LADD; CANNOT BE MOV- ED WITHOUT BEING TORN] we, have the. “‘profit- tag, a tear At "automobile sampld 6f°which*fias been’ receiv- ed by Tax Coljector Frank H. Ladd and is now on display in his office. It i called the “profitless theft” tag because after being removed by the thief it is useless. It is so constructed that the process of re- moval causes the tag to be so torn and mutilated it must needs be thrown away. This licgnse plate is. the same in size and appearance as an ordi- nary tag except for a simple lock- ing mechanism built into the plate and is part of its general make up. The plate proper is installed in the usual way, using the bolts and nuts supplied with the plate. Aft- er the bolt and nuts ave tightened a lock strip is inserted and push- ed into a channel as far as it will go. When installed the plate is practically permanent for use, as the interlocking parts carry the indicia and in order to remove the tag (the interlocking nuts cannot | compared with $671.10 submitted) hag much to do with fomenting be unscrewed) the indicia will be} so mutilated and the plate render- ed unfit for use, It has been secured for issue to Fiorida cars for 1934 and will be ready on the date designated. i “ays 11 ADOPTS BUDGET FOR NEW TERM MATTER OF SECURING AIR- PORT FOR KEY WEST ALSO TAKING UP DURING SES- SION LAST NIGHT The City Council, ata special meeting last night, adopted its budget for the ensuing year, which covers all items of expenditure for the operation of the’ various departments. The budget was made up on a, basis of $140,000 with a levy of 25 mills, which is shown to be 4% mills less than that of last year at which time 29% mills was levied. The current budget is approxi- mately $25,000 less than for the year prior when the amount was fixed at $165,000. The reduced. millage at this of approximately 15 percent to the taxpayers according to assess- ments on the tax roll against that of the previous year. The apportionment as made to the various funds follows, mills mills mills mills Total— 25, mills ‘was also agreed to make a de- duction in the colléction of taxes ‘on the new roll. Five percent will be allowed for the month of December, four for January, three for February, two for March and one percent for April. The question of securing arf air- port for Key West was brought -before the. meeting last night in nection. with the offer as re- .eently made by Eugene Vidal, ‘Department of Commerce, aero- nauties director, to establish 2,- 000 projects in as many towns and villages, providing land is set aside for the purpose. : It. was agreed to offer land on Stock Island for this purpose, and a committee was appointed to take the matter up with Mr. Vidal immediately, with a hope of mak- ing final arrangements whereby this new and much-needed project may be secured. A. few other matters of+a rou- tine nature were handled during the meeting after which adjourn- ment was ordered. CHEVROLET CO. LOW BIDDER ON ARMY MACHINES OTHER BIDDER WAS DEAL- ERS HANDLING FORD PRO- DUCTS; WAR DEPARTMENT TO MAKE PURCHASES (Ry Associated Press) ‘WASHINGTON, Nov. 28.—The} today to be Chevrolet Motor Company was low bidder on trucks bought by the war department of- jfering a unit price of $629.19 as! ‘by the Northwest Motor Company of Bethesda, Md., Ford dealer. The bid of the Chevrolet dealer | while the Ford dealer's bid was f eight. Fresh Fruits & Vegetables Arrive tonight on our truck from Miami. Chickens and Tur- Thanksgiving feast. Geo. Park’s Grocery 1339 Newton St. keys and everything for the). Socccvevccccccccesoooocoes Money Battles That Made History ‘Sound Money’ By CARL C. CRANMER (By Associated Press) WASHINGTON, Nov. 28.— Again discordant notes of the call to battle are sounding in the rival camps of the “inflationists” and the “sound money” advocates. The resounding resignation of of Prof, O. M. W. Sprague from jthe treasury, with the declaration that he plans to fight the “drift to unrestrained inflation” may {prove to be the opening gun in open warfare that has been waged behind the scenes for months asi a result of President Roosevelt's {monetary policies. Many Famous Battles It may presage another of the \famous money battles which stud |American history from colonial |days—battles which usually have jeut through party ranks and which ‘often have been on a sectional ba- Sis. In Alexander Hamilton’s time jthe issues were the “doctrine of discrimination” and “assumption”; in Andrew Jackson’s day the fight was over the United States bank. The monetary issue gave rise to Daniel Shay’s rebellion in Massa- chusetts after the Revolution; it gave birth to he Greenback party about 1876 and later to the Popu- list party; it introduced William Jennings Bryan, his “cross of! gold” speech and the “16-to-1”! coinage of silver issue. And there was the march of Coxey’s army} about the same time. Agrarian Districts Heard From Unrest with the rise and fall of the value of the monetary unit has been a feature of almost every serious financial stringency, usually most vocal in agrarian dis- tricts. And now President Roosevelt has declared for a policy of “ex- ‘perimentation,” with the “sound money” group warning that pre- vious experiments always have ended in disaster and that the! gold standard is the best system} yet found. On the other hand, Prof. George F. Warren says ‘the dollar must be rubber. in weight or rubber in value..and urges: the compensated, or commodity, dollar:that would be variable. in weight.’ President's Program Sweeping In successive steps the president has gone off the international gold standard, acted against gold hoard- ers, cancelled the gold clause in public and private securities, re- jected the pleas of the European! “gold bloc” for stabilization, mov- ed toward an international silver agreement, and initiated his gold purchase policy to depreciate the dollar and lift commodity prices. American colonists began hav- ing their monetary difficulties as soon as they reached shore. Having brought little money and almost as little credit with them, they! used wampum and beads to trade} with the Indians, and instituted! barter for commerce among them-| selves, They declared some commodi- ties, such as tobacco, corn and! furs, legal-tender, and some of the! colonies had storehouses to accept payment of taxes in this “mone; Colonies Issued Paper Money | As time went on many colonies; began issuing paper money, and/ set up banks and loan agencies to issue bills of credit, What silver} there was usually disappeared because it was over-valued by law. The paper currencies soon de | preciated. jeurrency had depreciated to masa | fourths its value. Finally, in 1751, the English] {parliament forbade further issue jof paper money in the New Eng-| land colonies, a restriction tha’ |was extended to all the colonies | jin 1764, i | Benjamin Franklin said resent- iment at the ban on paper money | {the American Revolution. i ‘| FLORIDA PEANUT FED || i = URKEYS| 4 Hens and Fryers loan —AT— Allan B. Cleare ' 511 Front Street Phone 453} Tie Key West Citsen KEY WEST, FLORIDA, TUESDAY, NOVEMBER 28, 1933. ee Issue.From Time: Of Hamilton. Resignation of Prof. O. M. W. Sprague (left) from the treasury opposition to the monetary policies of the Roosevelt adi him apart from such advocates of currency experimentation as Prof. the president has made similar divisions before, back from revolutionary times, through the days Alexander Hamilton, Andrew Jackson and on into the Bryan era when “free over which men and parties argued and* fought. were campaign sloga: 000000000 00008000000000 200000000000 COOOO OOOO OOO OO OOOO DODOOOOOOS Jackson. 0000000002000 0000 000000000 COSOSOOSS OOO OOOSOOSOOOOEEOELESESHO SE OESONSOSESOODOOSOSOSOOOOOOLSOIOGOOOOS istration. The dollar question which has split For 53 Years Devoted to the Best Interests of Key West PRICE FIVE CENTS ARREST OF LYNCH MOB MEMBERS BRINGS ABOUT GREAT DEMONSTRATION e } Bryan SSSI SSSI SSS 4 BALMY WEATHER IN SOUTHLAND (By Associated Press) Heavy snows north of the Great Lakes was four inches * at Helena, Montana, and light falls in an extensive area of the northwest was in contrast today with the balmy weather throughout the southland. Temperature rea on the southeastern area arose considerably during the past 24 hours. Increasing cloudiness was predicted for most of the south with probable rains on Thursday. edad ‘TO START WORK | OF REPAIRING ' back into the |sounded. and firemen came |BUILDING WILL ALSO a the rescue of the 300 pick- |; PAINTED; GOVERNMENT ed — seed: by | FUNDS WILL BE USED IN| , _ k OPERATIONS CARRIEDON |e eo members of the mob that lynched George Armwood Major William V, Albury, Flor-lon Qetober 18. ida The screaming crowd ap- peared unmindful of the tear | gi Saccetets Pty and a few minutes la- General Alarm: Sent In Calls Out Firemen To Aid Militiamen Arriving On Scene | dy Associated Preen) SALISBURY, Md. Nov. 28.—Tear gas bombs were hurled by the state militia today when a-crowd of 400 men, incensed at the arrest of four members of Princess Anne’s lynch mob, advanced on the state armory. The crowd gave way tem- Porarily, but again advanced and soldiers whc arrived from Baltimore were driven department is explained by his George F. Warren (center) and National. Guard, delieves. in of “16-to-1” ond [setting busy when there is worte} 'to be done-aiid tomortow morning will have preparations painting the| ter another barrage was and Southard} turned loose. for repairing and armory at White coming closer all the ~ STATEHOSPITAL |Makicc Pranaratione Ta work winor aking Preparations To streets. | | Yesterday he received a tele- |gram advising that the funds are} A rain of bricks was burl: jtration approved In 1740 Massachusetts’ | ; if Track Arrives Tonight BE CARRIED ON, FEDERAL ADMINISTRATOR | HOPKINS CLAIMS PROJECTS! CANNOT BE PUT THROUGH: intensive preparations are now ugder way to begin the five ma- jor projects in Monroe county for as ; ; which funds were allotted by the (By Associated Press | Rey ‘ ‘ TALLAHASSEE, Nov. 28.— Civil Works Administration last Florida’s hopes of getting about Thursday, when Attorneys Wil- ON ACCOUNT OF COSTS | i $250,000 for improvements at the |liam V. Albury and J. Lancelot) state hospital and state prison, ap-| Lester and B. C. Papy appeared | parenly were blasted today as Har-|pefore the state board in Talla- ty L. Hopkins, federal administra-} oe |hassee. tor, ruled the work “cannot pos-| sibly be done under the civil works board.” Hopki jand were granted $100,000 as a s turned thimbs down on Erewteny, £200 te: Bart a sume ithe projects because the cost of \ st on Bem sume were Rogie materials greatly exceeded amounts that would be required for payrolls, The state civil works admini: he projects ye terday, and an exception was ask-| ed of Hopkins, but he declined. | Governor Sholtz said he would! continue efforts to have the fed-} eral government in some manner} finance the improvements. | Scores of additional projects | were submitted to the » board and were approved, pend-| cking by engineers and ing that other allocations would be jmade for worthy projects. | The projects for which ‘fund was allowed are: j First, repairing, sanding and oiling paved streets, $50,- 000. Second, repairs to the city’s water works and mains, $10,- 000. Third, repairing, grad and making necessary im- provements on the unpaved streets, $20,000. Fourth, repairing and build- ing roads in the city ceme- tery, $15,000. Fifth, rebuilding the city’s this audite WHERE TO GO Sccoccccesescosecesecose | TONIGHT ' “The Solitaire Man”) jay’s Millions.” | TOMORROW Strand—“East of Fifth Ave- mue” and “The Solitaire Man.” NRA HELPFUL M. M. Mallory, representing the , interests of Col. H. L. Doherty, f arrived this morning on the Ha- ® wana Special for a brief visit. He is accompanied by L. H. Collier, whe is well known to a number of Key Westers. The principal object the of Mr. With complete lime of Fruits . and Vegetables. We will bef Key and he and Mr. Collier left open until 9:30 p. m. this afternoon at 1 o'clock in Sher- iff K. O. Thompson's car. TIFT’S CASH GROCERY || ta the event the trip cannot be Phone 675 1117 Division St.) completed in time for Mr. Mallory Begin Operations On Five Major Projects In Monroe These representatives asked for) lly necessary, with the understand-| M. Mallory Representing Doherty Interests, Arrives Mallory’s visit was te go to Torch, outside, and this) was follow- shots; aitHough it wab and immediately not ‘immediat i tely apparent | Started wark preparing for the who fired them, soldjers or | project. | aes an tha: tact | For the complete restoration of | t#® ™obs ! 5 | Firemen appearing in sym- of Simonton street, $5,000. the armory $2,405.10 has been} PI Yesterday, with the beginning allocated, to be divided as fol-! pathy with the crowd, con- of activities, 508 white men and lows: bes 271 colored men were put to work One supervisor at a salary not! tinued to pour streams of wa. jand 25 white women and 50 color- to exceed $36 per week. Labor ter into the gas to deaden the jed were assigned to tasks for to be 2,225 man hours at 40 cents | which, feniales are.adapted. ‘Thess: per, hour and 4iGcman, hours of) *foeet ot ee eee workers are to be paid from the skilled labor to be paid the wage} General Reckford ap- funds of the Civil Works Admin- scale prevalent in: Key West, but peared later on the outside istration. ithis must not -be in excess of $1; of the armory and ordered In addition 89 white men were per hour. | assigned to heavy work and 13 The total allowance for employ-! aly vsons standing on the | white women and 39 colored were; ment of labor is set-at $1,299. | ” | given lighter tasks to perform.| Material tobe Wiirdhasefl: aut porches of private homes to These last three groups to be ‘sists’ of Rigid asbestos ‘shingles,| evacuate. paid from funds of the Federal felt in rolls, two kinds af Juymber, | Emergency. Relief. | including ‘flodting, three Kihds' of The troops left later for Each day others will be added nails, starters and ridges, paste! Baltimore, but it couldn’t be to the rolls, including about 125 -paint, linseed oil, color paste, tur-! . ‘ \cigarmakers who were thrown out, pentine, and varnish, | ascertained if they had their ‘of employment with the closing of} The purchase of materials must | four prisoners with them. | Santaella’s cigar factory. |not exceed $1,106.10, This amount} | Instructions received from Mar-| with the wages allowed, $1,299,| =here was mo attempt on leus C. Fagg, executive officer of e up the amount of $2,405.10,| the part of the crowd to mo- lest the busses as the sol- the Civil Works Administration Hocated. [oe javailable. Today he is in receipt jof a letter of iustruction from) ed by Tallahassee, lat Tallahassee, urgently recom- ‘mend that the complete quota for |Monroe county be at work not} later than December 1. | This is in line with President’ State and County taxes for the! NOTIC E To TAXPAYERS Tax Book for the collection of | MEMBER OF JURY Roosevelt's intention of having | year 1933 will be opened at the of-| FIRST ARRESTED levery ablebodied man who is will-|fice of the County Tax Collector ing to work on the payroll by the|at the Monroe County Court] SALISBURY, Md. Nov. t day of November. | How ay morning, Novem-! 28_Williem Thompson, _ |ber 27, 1933, at nine o'clock. Four| percent discount will be allowed| “ember of the coroner's jon payment of taxes up to and in- jury which investigated the jcluding December 27, 1933. Three | percent will be allowed for the re-| 'ysebing of George Arm- mainder of December, 1933, two| weed, segro, at Princess i | pereent during January, 1934, and lone. percent during February,| Ase October 18, eas one of }1934. Taxes become delinquent the first men arrested today | April 1, 1934. i ; | FRANK H. LADD, | “7 sees qumniemen an ae cusations of being = pare ticipant in the lynching. Tax Collector. OPENING DANCE Key West Country Club TUESDAY, NOV. 28 9:30 P. M. For Members and Guests {to return to Key West and take. H the train at the F. E. C. termi nals, arrangements have been made for the afterncon outgoing train to stop at Ramrod and take on the passengers. ; | Mr, Mallory told The Citizen he believed the greatest benefit that could accrue to the city of Key ‘West and Monree county, would be the construction of the propos- ied bridges over the water >. completing one of the most inter- esting roads in the country. Elizabeth Allan-Herbert Mar: rhall in THE SOLITAIRE MAN Robert Young-Leila Hyams in| SATURDAY’S MILLIONS —