New Britain Herald Newspaper, October 17, 1930, Page 7

Control of Next Congress Prize . Sought By Both Major Parties During Oncoming State Elections Democrats Go Into Battle Assured of 81 Seats in Lower House. 17 (UP)—The into the New York, Oct. | democratic party will go | November 4 election with 81 seats | In the house of representatives and | five in the senate assured becauss: | the democratic candidates for that number of seats are unoppased. To win control of the next con- gress the democrats must elect 137 additional members of the house and must name 19 senators in ad- | dition to the five who will take their | scats without opposition. The task before the republican | party it it is to retain control of the next congress, consists of elect- ing 195 members of the house in | addition to 23 who have no opposi- | tion and 13 senators in addition to the one republican senator from | Maine who already has been elected. It the republicans can accomplish that they will have a majority in each house. g When set down in figures the task of the democrats with regard to the house of representatives seems the casier although it may not be. That | is because a larger number of dem- ocrats are unopposed in the general election. Seven states—South Caro- | lina, Georgia, Alabama, Louisiana. | Mississippi, Arkansas and Arizona | ocratic congressional tickets. 1n Texas 10 democrats are without op- position for the house while Vir- ginia, Florida and Kentucky send three each; Tennestee and California one. Only 28 republicans, on the ‘hand, take places in the house ‘out opposition. hine of the 23, seven other with- California sends Washington- three, “Wisconsin four and Massachusetts, Kentucky. Tennessce, Illinois, Min- nesota, Michigan and Kansas one each. There are 435 congressional seats | to be filled. Four already have gone | to the republicans in the state of | Maine where the election was held a | few weeks ago. One hundred and | four will be filled withost contest | leaving 327 districts in which the | major parties will contest for ascen- | dancy in the house. In a few ot | these contested districts independ- | ents or members of the minor | ‘parties are opposing democrats or | .republicans but in most instances the two major parties have the field to themselves. The socialist party has put a total'! of 48 candidates in the field chiefly in New York where 24 s scats in congress and in -1 vania where there are nine socialist | condidates, The others are scattered | among Wisconsin, Montana, Michi- | gan, Oregon, Missouri, Texas and‘; Utah. As far as congress is concerned | the old prohibition party seems to ‘have disappeared. Only in Penn- | sylvania where it has candidates in | two districts, does the party appear | on the congressional ballot. | There are independents running for congress in two districts of Vir- ginia; one Tennessee district where the independent is the leader of a | republican faction defeated in the | primary; two in South Dakota and | one in Missouri. The labor party showg up with three candidates in Pennsylvania | Svhile in Missouri the social-labor | party has three. | Communists appear ¥nder that name in only Pennsylvania, Mon- | tana and North Carolina while the | | have no opposition to complete dem- 1 MTELINERY CO, | elected from Maine and on Novem- | publicans and 14 democrats are to worke party has candjdates in feur Michigan districts. The farmer-labor party, the only party outside of the democratic and republican parties which had mem- bers in the last congress, has nine candidates in Yinnesota and one in Iowa. In the last senate there were 56 republicans, 39 democrats, and one farmer-labor members. Of these 25 democrats, 35 republicans and the one farmer-laborite are holdovers. One republican has already been ber 4 the seats now held by 20 re- be filled. In five states the democratic can- didate is without cpposition, Byrnes of South Carolina, Harris of Geor- gia, Long of Louisiana, Harrison of Mississippi and Robinson of Arkan- sas having won their seats in the primaries. In Virginia, Carter Glass is opposed by one independent and one socialist but he is conceded victory making six certain demo- cratic seats. They must win eight more to retain the strength the party had in the last congress and 18 additional if they are to have a majority. The republicans, with one sena- tor, White of Maine, already elected, need win in only 13 of the remain- | ing senatorial contests to ~have a nominal majorit PUBLIC DEBT GUT SWALL THIS YEAR Uncertain Conditions May Slice Reduction to Half Normal Washington, Oct. 17T (UP)—The amount of reduction on the $16,000,- 000,000 (16 billion) United States public debt is likely this year to be about half the amount paid off an- nually in recent years, it was indi- cated at the treasury. For some years, the treasury has been reducing the public debt at an average annual rate of about $800,- 000,000. In the last fiscal wyear, $746,000,000 was cut off the debt, but this fiscal vear debt retirement will probably not exceed the legal | minimum of $445,000,000. | The treasury is required by law to | place in the sinking fund for debt | retirement each year an increasing | amount bearing a definite relation to the debt outstanding. The treas- ury this fiscal “year must retire | $445,000,000. Slow progress has been made to date, only $65,000,000 have | been placed in the sinking fund since July 1. ‘ In the many vears of large sur-| pluses since the World War, it has | been the treasury's policy to utilize | the surplus at the close of each fis- | cal year for debt retirement. This was $184,000,000 last year. Uncertain business conditions this year, which are expected to cut] greatly the government's tax rev-| enues, indicate that the treasury will | not have available the customary | surplus for debt retirement. | Furthermore, with U. S. bonds selling at a premium, foreign na- tions probably will continue to pay their debts in cash. This means that the $184,000,000 to be paid on ac- count of interest will be placed in | the general fund. In the past when | this payment has been made in U. S. | bonds, the treasury has cancelled | the bonds, reducing the public debt by that amount. 7 Shade for Everything| If your Costume’s Bleck OR-Black E v ManHa Brown E Cricket Green | - Reddish Brown by hoac Wine Red Navy Red mflr‘n “No run that starts above n can pass the Gold Stripd” NN Your Stocking should be vvo. . Black Taupe vvoeo. Brownleaf ... Rendez-Vous +vvo« Nightingale +soe Promenade A AA NEW BRITAIN DAILY HERALD, NEWSPAPER HEARS BOB WILL RETURN Missing Financier to Be in New York Shortly, Call Says Washington, Oct. 17 (UP)—The Washington Herald has announced it ‘had received a telephone call from a man describing himself as the secretary of Charles V. Bob, missing financier, and asking the newspaper to state that Bob would return to New York during the next three days. According to the Herald, the man said: “I wish you would announce In your paper that Charles V. Bob— vyou know, who is missing from New York—will return there within the next three days to answer any charges made against him. “I am on my way to see now. He is not in Washington. I know you don't usually pay atten- | tion to anonymous calls, so I'll go a step further and say this is his sec- retary speaking. “Now there is no use asking me anything about it; that is all there | is to say this Thanks. Good-bye.” When Bob vanished a week ago his assoclate, Frederick Russell, dis- appeared at the same time, presum- ably with the capitalist. Russell is reported since to have telephoned his office from Chicago, disclaiming knowledge of Bob's whereabouts. New York, Oct. 17 (UP)—Author- - at time. LIVING ROOM URNITURE A $20.000.00 Purchase Truly NOW is “The Buyers’ Market,” so clearly expressed in last night's Recalling our statements over three months ago about the impmi;mce'uf m mediate purchases, we offer this purchase as a grapic example of savings that are amazingly low. him | FRIDAY, OCTOBER 17, 1930. | 5 | ities have turned to Chicago for aid in the for Charles V. | Bob, missing stock promoter, rants charging nancial statement are be search for whom W Isifica- tion of a ing drawn. Rumors that in the mid-western metropolis peared to be borae out when Louis | P. Jubien, treasurer of Metal and Mining Shares, Inc., the investment trust of which Bob was chairm: | told investigators he had received phone call Sunday from Frederick | Russell, the company’s secretary, in | Chicago. | “Russell seemed to be in an in | toxicated condition,” Jubien said could hardly make out what he saying. 1 told him he had bett: return at once, but he said he didn't | know whether he would or not. H: said he hadn't seen Bob for several | days.” Bob might still be ap- Phone Call Investigators however, they | believed Bob and Russell were to- |gether. They are trying to trace |the source of the g | Bob has not been heard fror since Oct. 9. He-called his wi |here by phone to say that he w leaving by train for New York. The |he called his attorney and was in- | tormed he was wanted for question- ling by Assistant Attorney General | Watson Washburn, |cago airport and ordered a planc prepared for a trip to New York, | but neither he nor his pilot, Co Dean Lamb, ever arrived at the ai | port | Subsequently examination of a safe in the office of Metal and Min- ling Shares revealed that $6,000.000 | of the firm's securities were missin.s, together with a list of the stocks The promoter also called a Chi- | and other data connected with the | business. ays He Certitied Document ently Washburn examingd 1 and George L. Johnson, pres- 1t of Johnson testitied at he signed, at Bob's a document certifying 10 owned by thel as of Dec. 31, 1929. Amoug is listed were Consolidated tional Power and Light, Tex- | Sulphur, Kennecott Copper, |Commercial Investment Trust, and | Cerro De Pasco Copper. | ‘ Washburn said that | found this list was false, although | their total value was the same as| the actual list of securities the held Wast said he might issue a | o for F ell, whom he Bob's right hand man. He t conviction on information, punishable by imprison- two years, and hinted at tion on ‘a criminal charge | iry based on the fact that the fina 1l statement was filed oath. Re Jubi ide under oath tk lirection, | auditors | firm a charge a misde- meanor, ment for possible of p under China Gets Skyscraper Apartment in Shanghai | Shangh: Oct. 17 (P—What is the tallest building in story apartment struc- tu situated in the heart of the| residential district, is now under said to be | a 17 hai. | & erected on 1d will be fitted with | e latest conveniences and luxuries. The ground floor will house a talk- ing motion § > theater. he b | modern 1 FOR BEST RESULTS ‘l'.\l‘. HERALD CLASSIFIED ADS A 2-Piece Lawson Suite in Fine Denim o Graceful in 1 2-Piece Suite in Tapestry included at .. $67 Cogswel Lovely Tapestry on This 3-Piece Suite 2-Piece Suite $66 ..Or Perhaps You Frefer One of These! Jacquard 3-Piece Suite Jacquard is always popular because it is good looking and durable. 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