Decatur Daily Democrat, Volume 31, Number 125, Decatur, Adams County, 26 May 1933 — Page 1

t HER K dy and cooler tojnder■s this afterfar tonight Ik Jay cloudy-

SKS GOLD STANDARD ABANDONMENT

IT BRITAIN ' IDGESAIDTO ' jjITED STATES/ 9 — ■Lj Promises UnKocal Support In ■urity Demands Be ROOSEVELT ■R his program L. May 26. — >U.R) — ■Britain joined with ■t Roosevelt today in Kon attitude towardi Lan security demands, ! K historic pronounce-j ■ the House of Com--9- John Simon, foreign By. announced Britain’s i K>cal support of the) ■States attitude on “sc■icts ’ and informed the Ki powers that Britain ■sume no further obliga--9n she lia3 already taken Bt them from war. ■n paid eloquent tribute Bffer of the United States i ■ Its old policy of neutralHiing the freedom of the Brine— as a contribution to I ■ace. Bn,” he said “now has no ■>r complaint whatever.’’ Kid idea of standing with Brms between a nation ■an aggressor and a nation i B oppressed is gone.’’ he, not express how much we alue this effort now being the American government Its president to co-operate and abandon a tradition le American people themlaiously guarded. tnerican way of looking at itiii of consumptive pacts, i said is also "characterthe British way of looking niely, she must judge the ances at a time when these ances are known.” ntrast with that, there is way of approach —to make ons in -cold blood and in nt prescribing the course i one might take.” he con- “ That is the continental is thoroughly characterisB continental mind —I mean tach — that it approaches > things with the belief, te it down in advance and come out all right'.” ncluded by saying that althe nations still are not y agreed on the problem Juropean security demand, ntribution made by the n government goes far to. lat demand when coupled tvisions for the supervision Bents.” essary condition for achievitive disarmament in Eurolations,” he said, “should be d confidence and restored tion to take the place of fINVED ON PAGE FIVE) I CHARGES IF VIOLATIONS Wayne Contractor* ny Violating Conduction Contract Wayne, Ind., May 20 (UP) hitter controversy over s by tilve city council that cts for construction of the Win filtration plant here were d was forecast today with a J denial by members of the cting firm. taring by the city board of was delayed today by the ill •f John C Trier, chairman of iard. adopted by the city II charged that the Hipskind ig and Plumbing Company laid laborers at the plant as I 20 cents an hour. contract called for a miniwage of 40 cents an hour. 'ted Hlpekind, member of the "-ling firm, offered last night council representatives bele work board and prove that ceptlon of a 15-year-old watt r ho received sl2 weekly, the ct wage was maintained, hwhile additional resolutions Wing a thorough investigaif wages paid -by other conrs at the plant were reported consideration by council •rs.

DECATUR D ATTA DEMOCRAT

Vol. XXXI. No. 125.

Congressmen Demand ;'| Woodin’s Resignation | ♦— # (By United Press) The Morgan investigation and its reverberations were marked today by these developments in Washington: Demands in for resignation of Secretary of Treasury l Woodin increased following dis closure of his name on two lists of political and business leaders to whom Morgan & Co., sold stock ( at bargain prices. Senator Wheel-( er, Dem., Mont., was in the lead | in the sortie against Woodin (Senator Robinson, Repn.. Ind., demanded the recall of Norman I H. Davis. A third bargain list was to be | revealed by the Morgan inquiry committee today. Two more will follow. Woodin's name is reported to be on all. The committee met in secret to decide whether to reveal one of the Morgan firm’s most guarded secrets — its partnership agreement. The house ways and means committee met to approve changes in the income tax law designed to prevent wealthy men like Morgan escaping income taxes. This followed disclosure that Morgan has paid no income taxes for three I years. The Glass banking bill requir-j ing Morgan & Co., to give Up either their deposit or their security j business, was ready for conference between house and senate, following passage by both bodies. PROMINENT MEN AT CONVENTION ♦ National Speakers Will Attend National Editors’ Meeting Indianapolis. May 26 —(UP) The opportunity open to small town and country newspapers in I hastening return of economic (normalcy and stimulating constructive leadership will be defined by executives, editors and writers during the National Editorial Association convention here June 5 to 8. A list of nationally prominent speakers who will discuss presentday newspaper problems at the 49th annua! convention of the association was announced today. Presiding at all business sessions will be Justus F. Cramer, president of the N. E A. and publisher of the Orange. Cal., Daily News. A five-day tour of Indiana also has been arranged, with an itiner- ! ary to points of historic and scenic . interest and to the state’s educational Institutions. Among scones to Ave visited are the region where Kbraham Lincoln grew to manhood i the grave of Nancy Hanks Lincoln, . the home of James Whitcomb Riley Spring Mills in Spring Mill State Park, founded in 1816 by relatives of George Washington, the home of President Harrison and the George Rogers Clark Memorial in Vincen- ! nes. The tour will end with a visit \ to A Century of Progress in ChiI cago. , ». i A partial list of speakers: Merle Sidener, Indianapolis advertising agency head; E. H. Harris, radio j chairman, American Newspaper i Publishers’ association and editor. Palladium. Richmond, Ind.. Paul 11. Appleby, assistant to the secretary iof agriculture and editor News- | Journal, Radford, Pa.,,' Bruce R. McCoy, business manager, Wisconsin Press Association, and secre-tary-treasurer, Newspaper Association Managers. Inc., Madison; Charles L. Allen, journalism depart•(CONtTnUED nN PAGE THREE) I —— House Considers Public Works Bill Washintgon May 26—(UP)—The house resumed consideration today of the industry control-public wonks bill shortly after the ways and means committee formally approved a series of tax amendments designed to force such millionaires as J. P. Morgan to pay income taxes despite capitol losses. Democratic leaders pressed for a final vote on the administration bill before adjournament tonight. In adition, the committee approvd and will present for inclusion in the bill amendments transferring the payment of the present electric enerw tax from the consumer to producer. Also approved wm , amendment giving greater emphasis to population Ln distribution of I I the 400 million dollar allocation of I a portion of the $2,800,000 program.

Aatlonal And tßtrrnntlonal Newa

BORROWINGS OF I FIRM MEMBERS ARE WITHHELD Morgan Firm Partners Win Point In Senate Investigation COMMITTEE NOT TO NAME MEMBERS Senate Caucus Chamber, Washington, May 26 —<U.R) —Partners in the powerful house of Morgan, who have seen secrets of their ' financial dynasty spread to the world in three days of startling testimony, won a point today when the senate stock market in- , vestigating committee decided not' to reveal the names of partners | who have borrowed from their . firm. The committee, in a secret session marked by a flare-up over ■ publication of forthcoming evidence before its formal presentation. decided against revealing the partners’ indebtedness. The executive session delayed i I the beginning of the fourth day of open hearings, which began an hour late with George R. Howard. I head of the United Corporation, a utilities holding company, as the witness. It was understood that some of the committee’s criticism of new “leaks” centered around the reve-1 lation yesterday by the United Press that the late Calvin Coolidge . would be named on one of the lists of those permitted to pur- ' chase securities at a price below , the market quotation. The committee also had under i consideration the question of pub-1 1 lication of the articles of partner- j ship of J. P. Morgan & Co. No definite action, was tak m. It was de, ided. however, to make"lhe list of individual depositors in I . the Morgan bank available io committee members for inspection whenever desired. J. P. Morgan, attired in a light and well-worn gray suit, waited in CONTINUED ON PAGE THREE) O —

SENATE PROBE PURPOSE GIVEN President Roosevelt's Son Delivers Speech At Boston Thursday Boston. May 26--(U.R) The real purpose of the present senate investigation is not to persecute J., P. Morgan and his associates, but j to awaken the public to the inequalities of the (income tax) j law.” James Roosevelt, eldest son ; of the president, said in a speech ; here last night. ■ ‘‘The honesty and integrity of the firm of J. P. Morgan has never been questioned,” le said, “ami is probably its highest asset in ' financial dealings both here and j ' ! abroad.” He pointed out that although ’ many persons were surprised to! learn that Morgan and his part- ■ tiers paid no income tax for three ■ years, the bankers have in no ' | way violated the law. and have ■ acted strictly within their legal rights. 5 “I would stress with as much emphasis as possible that this investigation is not for the pur- ■ pose of persecuting anyone, but ' | rather to awaken the public to the inequalities of the law. and ' to so arouse public opinion that i no group, no matter how powerful financiallly it might be, may I block a change which will rectify these errors of the past," Roose- ’ velt said. r I , - -o — 1 Gaston Means Given Two-Year Sentence 5 ’ Washington May 26 — (UP) — 4 Gaston B. Means and Norman T. Whitaker were sentenced to two 1 years imprisonment today on Lind- ' i bergh ransom hoax charges. o ’ Fleming Nominated t As U. S. Attorney c :> Washington May, 26—(UP)—Pres sldent Roosevelt today sent to the .- senate the following nomination: f Janies R. Fleming of Portland to f be United States attorney for the .. northern Indiana district.

ONLY DAILY NEWSPAPER IN ADAMS COUNTY

Decatur, Indiana, Friday, May 26, 1933.

Illinois Flood Scene ■ W' y : ra. : F i a HW# a ( yw S > O * ’ I jSn, Almost to the road level of the bridge over the Illinois River at Beardstown, 111., have flood waters risen, as this photo shows. Resi- ! dents are making preparations for a possible overflow of the banks. The water is the highest in years.

GLASS BANKING I BILL IS PASSED —r i Measure Is Designed to Insure Deposits. Fortify System Washington, May 26 —(UP) — The Glass banking reform bill, insuring depositors against loss and designed to fortify the banking sys- j tern against future crises, today neared the end of the legislative journey otr whidh' it has been ibuf-1 feted for more than a year. Passed late yesterday by the seni aA m rl ,'<i I 4*l til 111 Ul Iz 1A V t 1144 ,

I ate and earlier in the week by tne | house, the bill goes to conference | for adjustment and amendment. President Roosevelt has not revealed definitely his position on the measure. But its advocates J . were confident he would sign it j i a.nd make it law after congress had approved the final draft. The bill embodies many reforms for which Senator Glass, Dem., Va. author of the federal reserve act. loii'g has been fighting. One strikes hard at J. P. Morgan and Co., on whom a senate committee has focussed its spotlight of public investigation. The bill would compel Morgan and Co., an dother private banks to give up within two years either 1 their deposit or their securities business. What this would mean to Morgan firm is indicated by testimony in the senate inquiry that on Dec. XI, 1932, it had $340,000,000 of deposits and that it the years since the war it has sponsored floi tation of more than $6,000,000,000 (CONTINUED ON PAGE FIVE) CHINA TROOPS IN CIVIL WAR Two Chinese Annies Fight Bitterly After Oral Truce Declared Peiping, May 26 — (U.R) —Bitter civil warfare between two seasoned Chinese armies broke out 85 miles northwest of Peiping totjay as the fighting dwindled between Japanese and Chinese here by virI tue of an oral truce preliminary to a meeting Monday at which arrangement of a formal armistice - will be attempted. . Due to the truce there was a de- ' cided lull in the fighting around this old northern capital, whose popu--1 lace and priceless art treasures • have been threatened with attack by the Japanese dosing in from north and east. Japanese airplanes today recon- , noltered over Peiping and Tientsin. Japanese are strengthening their , 1 fronts, and a trainload of artillery passed Crlngwangtao, 125 miles up , the coast, on its way to Tientsin. , I The fighting between the Chin■"l • ♦♦♦ ♦ ♦ ♦ » ♦ • • * « • • • 1 (CONTINUED ON PAGE FIVE)

$4,120 Is Paid In By Bank Stockholders Herman H. Myers . receiver for the collection of the assessment against the stockholders of the old Peoples Loan and Trust Co., announced today that $4,120 had been I paid by the stockholders. Payments are made to the clerk of the court in Fort Wayne, wlhere judgment was rend', red. Mr. Myers stated he did not know when a distribution of the fund ■ could be made. Mr. Myers expained I that Jt required $5,500 to make a “ (wo percent distribution to depositors. One distribution of two peril ent was made by Mr. Myers last ) February, when more than $6,000 was paid in.

C. E. MEMBERS TO GIVE PLAY Missionary Play Will Be Given At Kirkland Gym Sunday Night The Christian Endeavor members of the St. Luke's Reformed i church will present a missionary play, “Kanjunda, or From Fear of the Enemy,” at the Kirkland high school gymnasium, Sunday night. May 28, at 8 o'clock. ' The very interesting and touching play takes place in Africa and I shows the cruelty of the witch doctors. The public is cordially invited to attend. No admission will be charged but a free will offering will be taken. The cast of characters is as follows: Mrs. Harvey, a missionary’s wife Lucille Beavers Elizabeth Deming, a friend and guest Ireta F.gly Mr. Harvey, a missionary Kanjunda, a Banta chief Robert Brown Mamba, a witch doctor r Thomas Adler Chikula ah evangelist Flold Roth Kilinga, Kanjunda's wife I .. Deloris Egly K'onde, a native woman Ruth Sethguth Oranga, an old woman illene Smith (A group of school boys) Bayona Floyd Engle Anege Oscar Brown Msidi Lloyd Roth Ivaha Dale Hoffman Ayenne Freeman Stepler Ngwanga Kenneth Koffman o George Pingry Dies At Bryant Thursday George Pingry, 50. died at bis home in Bryant Thursday ot cancer of the stomach. He is survived by the widow, two daughters. Mrs. Charles LaFuze and Helen Pingry of Fort Wayne, and a step-daughter Mrs. Floyd Ellenberger of Berne. 1 Funeral services will be held at 1 2 p. tn. Saturday at the Bryant ') Lutheran church, with burial ta jGravel Hill cemetery.

Farnlataed By Called Preaa

NAME MEMBERS | FOR ELECTION 1 BOARDS JUNE 6 Board Members For Special Repeal Election .lune 6 Are Named COUNTY CHAIRMEN ANNOUNCE LISTS Members of the election boards for the special wet and dry election. Tuesday, June 6, were announced today by the Democratic and Republican county chairmen. ] The boards consist of one in- ' spector and two cleriks. By virtue of the law the inspectors are Democrats and each party names one clerk, the law also specifying that one clerk be in favor of re- ; peal and the other opposed to repeal of the Eighteenth Amendment. The polls will open at six a. m. and close at six p. m. and the elec-1 ; tion will be conducted the same as 1 any general election. The question to be voted on is the ratification or rejection of the 21st Amendment, which provides for the repeal of the 18th amendment. Those 1 favoring repeal must vote for rati- i flcation of the new amendment and those opposed to repeal of the 18th amendment must vote against ratification of the 21st amendment. Members of the boards follow: East Union Inspector, Otto Hoile; clerks, Aaron Weiland, Fremont Bowers. West Union (Inspector, John Blakey; clerks, Martin Beinz, Jake T. Barkley. East Root Inspector, Otto Boerger; clerks. Irene Gerke, Charles Rabbit. West Root I Inspector, Henry Aumann; clerks ..jypjne Burger, Mrs. Ernest Tumble- , son. North Preble Inspector. Ernst Buuck; clerks, ‘ John Witte, Alfred Rupright. South Preble ’ Inspector, Rudolph Linnemeier; j clerks. Charles Affolder, Thurman Fuhrman. North Kirkland

Inspector, Rudolph Kolter; clerks Gus Blakey, Ed Arnold. South Kirkland Inspector, Jeff Crum; clerks, Amos Stoneburner, Lewis Yake. North Washington Inspector, Frank Liniger; clerks Frank Heiman, Jr., Rolland' G. Poling. South Washington Inspector. Charles E. Marchand; ' clerks, Clarence McKean, Curtis TcONTINUED ON PAGE THREE) O Hold Conference At Union Chapel Tuesday The quarterly conference at the Union Chapel United Brethren Church wil Ibe held Tuesday evenin. May 30. at 7:30 o’clock. The entire membership of the church is expected at the meeting and all reports will be given. The conference delegate will be elected at this meeting. The public is invited to attend. DRAUGHT BEER CASE PENDING Case Rests In State Su- ‘ i preme Court Bending Filing Os Briefs Indianapolis May 26—(UP) Tike Lake county ditpught beer easel 1 rested in the supreme court today, awaitin the filing of briefs. The case was brought before the court yesterday during oral argu- “ meats on whether a writ of pro--1 hibition issued by the court last 1 week shall be made permanent. 1 The writ restrained E. Niles Norton, Judge pro tern of Lake Super--1 ior court, from acting further in an I injunction which he granted to I John Tenkely. East Chicago counr oilman. The taijunction temporarily res- , trains state and local officials from . interfering with the sale of drought , beer in Tenkely's place of business. The Indiana beer control law per-i ' mits sale of the new beer ta' bot- 1 r i ties only. I Possibility that the high court I I will rule on constitutionality of thj law was considered more re-mote ( j than ever after . yesterday's hear-1 *ccont*nued* on* page ’thi’eeT

Price Two Cents

18 Farmers Attend .Jay Co. Meeting Eighteen Adams county farmers I attended the Jay county farmers' meeting at Portland Thursday I night. Principal speakers on the I program were E. A. O’Neal, Montgomery, Ala., national head of the Firm Bureau, and Clifford Town-1 send, Indiana lieutenant-governor. Mr. Tow'nsend discussed state as- 1 fairs and Mr. O’Neal discussed the j I farm relief bill recently passed by | congress. ROOSEVELT AND EXPERTS MEET President Confers With Economic Experts On American Program Washington, May 26. — (U.R) — President Roosevelt conferred with his economic experts today to put | the finishing touches .to the Amer- 1 ican program for the world economic conference which opens in London June 12. With the President were four members of the American delegation of seven and several state de-: 1 partment advisors who have been assisting him in his economic conversations with foreign representatives. Bernard M. Baruch, New York banker, and close associate of Mr. Roosevelt, was present. As the group assembled the White House indicated the President was cheered over Sir John Simon’s statement in the House of Commons clarifying British supj port for the American peace proposals. A spokesman for the President 1 said that any developments anywhere that gave promise of con- | Crete results in London or Geneva 1 were welcome indeed and extreme- ■ ly gratifying to the President The belief persisted here that Mr. Roosevelt would announce ’(sometime later today the remaining three members of the American delegation to the London parley. He has been having some 1 difficulty in making up the list. ’(CONTWEP ON PAGE THREE)

INDIANA WILL FAVOR REPEAL Prediction Is Made Today That State Will Vote Wet June 6 Indianapolis, May 26. —(U.R) —Repeal of the 18th amendment by Indiana, when delegates are chosen June 6. was predicted today when it was learned that a bipartisan, organized, but covert, effort is being made on behalf of wet delegates. For the first time in Hoosier his- i I tory Republican and Democratic leaders are actually working together. Publicity sent out from both headquarters takes no stand on the matter of repeal. For the most j part both the G. O. P. and Demojcratic official statements merely j have urged all voters to turn out June 6 and vote their convictions. But beneath the surface some hard work is being done among fellow partisans to assure repeal, it I was learned from authoritative sources today. Key men have been called in and i conferences held regarding tactics. i As a result the decision has been j reached, at least tacitly, not to take. the warfare into the open due to i the danger of the issue becoming , 1 partisan. Both major party platforms declared for repeal, it is pointed out. and the inference is that the organization men must stand by this declaration. In face of Indiana's long dry rec-1 ord, however, party leaders decided to “work instead of shout.” Miners Are Granted 10 Percent Increase Cincinnati May 26—(UP)—A 10 per cent Increase in wages of miners working for coal operators affiliated with Appalachian Coals, ' Inc., regional sales ag» ncy representing vast bituminous fields In I central and southern) United States : was voted in a resolution adopted by directors meeting here. R. W. Howe, executive director,' i Indicated the increase would be. added to the retail price of coal. '

YOVR ROME PAPERLIKE ONE OF THE FAMILY

WOULD REMOVE UNITED STATES FROM STANDARD President Roosevelt Asks Congress To Sanction Abandonment HOUSE RECEIVES GOLI) REPEAL BILL Washington. May 26. — <U.R) — President Roosevelt today asked congress to sanction (complete and definite abandonment of the gold standard. Bv such action, involving repeal of the famous “gold standard” act, he would forge a powerful weapon for the forthcoming London economic conference and definitely embark the nation on an inflationary 1 course. Aministration leaders of the I house stated that the new fiscal legislation would: 1. Definitely remove the UnitI ed States from the gold standard. 2. Make possible a “managed ' currency,’’ inflation under control. 3. Permit the payment of all debts in the United States, both public and private, in “legal tender” currency not redeemable in gold. This provision is retroactive and covers not only all I government bonds but private ob : ligations as well. 4. Makes all money of the fed- : eral government “legal tender.” acceptable for all debts public and I private. 5. By repealing the gold pay- ■ ment clauses of all existing legis- ■ lation. it would automatically 1 scale down the huge war debts •( owed the United (States by foreign , governments. At present these t obligations must be paid in gold. > Swiftly following a White House - conference on monetary problems, - Chairman Steagall of the house - banking committee introduced the > “gold repeal” resolution. A companion measure will be introduced . in the senate before adjournment tonight.

First announcement of the revolutionary change in national fiscal policy came from Steagall who stated he acted at the direct re- ’ quest of the president. This was ! confirmed by a statement from Secretary of Treasury WoottJE' o « Frank Wemhoff, Jr. Is Spelling Champ Frank Wemhoff. Jr., son of Mr. and Mrs. Frank Wemhoff. Fort Wayne, former residents of Decatur again won the Allen county spelling championship, defeating Leona Brockamp of Hoagland in the final match. Frank also won the championship last year. o - « - Local Men Attend Closing Sessions Robert Zwick and J. M. Doan attended the closing sessions of the Fun:' ral Directors Convention held ■at Indianapolis, hursday. The convention was held Tuesday. Wednesday and Thursday. FRANK P. BAKER ORDERS ARREST Skirmish Appears Imminent Between Judge And Gov. McNutt Indianapolis Mlay 2& —(UP)—A skirmish between Gov. Paul V. McNutt and Judge Frank P. Baker of Marion Criminal court appeared imminent today with peindtetment of Malcolm Berger 21. former Depauw University student, on charges of ' holding up filling stations. Berger, whose home is at Colum--1 bus, was .released by McNutt’s state clemency commission l last week after serving four months ot his one year sentence on charge of jobbery. He used a cigarette case resembling a pistol. Judge Baker protested, charging that "money and influence” won the parole. He petitioned the Marion county grand jury for a reindiettnent today. The youth now is working ta St. I Louis. Extradition papers are necessary to return him here for the I new trial. To be valid, the papers I must be signed by the governor.