Indianapolis Times, Volume 43, Number 54, Indianapolis, Marion County, 13 July 1931 — Page 1

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HURLS CHARGE U. S. IMPORTS ARE ‘PADDED’ Former Statistician Claims ‘Vital Truths’ in His Report Deleted. ASSERTS HE WAS FIRED [Tells Lamont Superiors Refused to Allow Real Facts. ty United Press WASHINGTON, July 13.—Ray Ovid Hall, former statistician of tne commerce department, asserts In a letter to Commerce Sccretry Robert P. Lamont that “vital truths’” were suppressed in a report prepared by him on international trade payments of the United States in 1930. The amended report was issued last week. Hall’s letter says he was dismissed when he refused to alter his teport. He said one of the deleted Statements was an estimate that Imports during the period had been overvalued by $175,000,000. Publication of this estimate, Hall continued, “would have enhanced the shrinkage of our imports during a year marked by passage of the Hawley-Smoot act.” Slams at Leaden The latter said the department also had deleted a statement that prohibition was an important factor in stimulating American travel to Canada. Hall said the report, as Issued, “greatly exaggerated” the •.stimated net export of capital which he considered “probably the most useful single result of a balance of payments.” Referring to the United States’ part in the depression, Hall’s letter said: "Commerce department officials recently have delivered speeches featuring the United States as a Inatlon powerful and proficient in international banking. “Now, the truth of the matter, in the view of scientific economic opinion, is that for years we have alternately inflated and deflated the capital-importing nations to the immense detriment of ourselves and jthem. In the realm of international credit we have, according to this opinion, fathered the flood, the drought and the earthquake.” Lays Blame on U. S. Pointing out that our net capital export varied from $944,000,000 in 1928 to $306,000,000 in 1929, Hall said the former represented inflation and the latter terrific deflation. “The germ of destruction,” he continued, “was, of course, in the inflation rather than in the deflation. In 1928 we launched numerous foreign countries upon mighty production programs: in 1929 we wiecked their plans, forced them to retrench and deprived them of much of their gold. “Brief statements of the Internationa! economic opinion to this effect were deleted from my manuscript—a suppression of vital truth to my mind as heinous as the falsification of figures.” THEFTS SUSPECT HELD William MoAntire Wanted in Dozen Cities of Midwest. While a dozen cities throughout the midwest held open an invitation for William McAntire, 29, alias Cattell, of 827 North Capitol avenue, to visit their jails, McAntire sat in city prison here reflecting on the honeymoon that police say was at the expense of J. C. McDaniels, 1723 North Meridian street. McAntire is accused of having stolen S3OO in travelers’ checks and cashed them on his honeymoon a month ago. He has consented to be returned to Terre Haute, police say, but will be held here pending investigation of other thefts he is believed to have been involved in. HELD IN CHECK FRAUD Suspect Nabbed Trying to Cash Spurious Notes ,on North Side. Called to the north side by two wom°n on whom he tried to pass spurious checks while renting a room, police arrested George M. Ramsey, 44, Philadelphia, on vagrancy charges. They say he confessed the checks were worthless, but declared he found them between here and Terre Haute Saturday. They were on the Standard Oil Company of Indiana, ranging in amounts from sll to $26, and signed with various names. BLACKTOP TRIAL SET InjuJiction Trial Involving State Bids to Be Monday. Suit to prevent the highway commission from paving state roads with blacktop will be tried before Circuit Judge Harry O. Chamberlin next Monday. The complaint was filed by William Connor. Ft. Wayne contractor, who seeks an injunction. Continuance from today was by agreement of attorneys. TWO PILOTS AREI(iLLED Transport Aviators Meet Death as Motor of Plane Fails. Dp United Press ' CHICAGO, July 13. —Chester R. Bailes, 32, Kansas City, and William Warren, 24, San Antonio, Tex. two well-known transport pilots.* were burned to death Sunday when their plane crashed. Airport officials believe the motor failed and Bailes was unable to control the ship.

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The Indianapolis Times Partly cloudy and continued warm tonight and Tuesday; probably thundershowers this afternoon or tonight.

VOLUME 43—NUMBER 54

Hoover ‘Wonder Boy’ to Cal, Says Author By United T‘r* ■— ■ '■■■ —■■ ■

WASHINGTON, July 13.—Ruthless and caustic characterization of leading figures on the political scene today are presented in an anonymous book, “The Mirrors of 1932,” just published by Brewer, Warren and Putnam. President Herbert Hoover is described as “our first hair-shirt hero.” The author says “no chief executive in modern times was so vacillating.” Former President Calvin Coolidge is termed “crochety, querulous, selfish and wearisomely loquacious.” A1 Smith has “gone high-hat, highbrow and high-life,” but still is ambitious for the presidency, the anonymous author says. Os Franklin D. Roosevelt he says “those who have his ear last usually prevail.” Senator Dwight Morrow is found to be “a bigger and better man than recent Republican Presidents,” but “too backward and bashful

TRAP BOY IN HECTIC CHASE Pursued Downtown During Noon Hour Rush. Pursued along Washington street during the crowded niun hour, Brice Kidston, 17, whose address is “anywhere,” was arrested by police for the alleged theft of the automobile of Henry Scott, 4523 Central avenue, from a parking place at Delaware and Market streets. Scott chased the auto on foot two blocks and recruited Traffic Officer Tom Sclotman, who commandeered a car. At Washington and Illinois streets, Officer Paul Homaday swung onto the running board of the pursuing car. Kidston was nabbed finally at Washington street and Capitol avenue. He told Scott “I w r as headed for Los Angeles and I guess you’re glad I didn’t get away.” HEAT WAVE FEARED Mercury Rises 16 Degrees Since 6 o’clock. Rise in temperature of 18 degrees from 6 a. m. until 1 p. m. today broke relief from the heat and began what might be anew heat wave in Indianapolis. Still ascending, the mercury registered 90 degrees at 1 p. m. Weather bureau officials would not commit themselves on the probability of future thermometer readings comparing with those of two weeks ago when several new higher records were set. The forecast calls for continued warm weather, with thunderstorms tonight or Tuesday. Despite heavy clouds that formed Sunday afternoon and night and the forecast for rain, but slight showers were recorded in the state.

LAY ‘BODY GRAB’ TO VEHLING IN KILLING

(Other detaUs on Page 2) Threatening to hold the body of Mrs. Olive Bernice Taylor, who was slain Sunday by her enraged husband, Orus C. Taylor, Coroner Fred W. Vehling today drew attacks from an attorney and members of Mrs. Taylor’s family. Throughout the morning Vehling contended to George Cowan, attorney for the family, he had permission from Taylor, held in jail FIND ‘STILL’ IN RAID Device Made Whisky in Few Moments; Two Held. “Old Parr” is dead —at least at the residence of Harry McCormick, 1352 North Olney street, raided Saturday by Sergeant John Eisenhut and squad. Paraphernalia for making "Old Parr” whisky within a few minutes was found, according to police, and Mrs. Elva McCormick was charged with operating a blind tiger. McCormick was arrested Friday night with four other persons when j police alleged they found twelve gallons of alcohol in his car. cabinuDaTdTworn in Boston Man Becomes Assistant Secretary of State. By United Press WASHINGTON. July 13.—Harvey Bundy of Eoston, today took the oath of office as assistant secretary of state, succeeding W’illiam R. Castle Jr., recently promoted to undersecretary. The oath was administered by Miles Shand. assistant to the chief clerk of the department. j

CELL PALLS ON CRUSADER, BUT HE STILL THINKS THAT BOOK’ IS TERRIBLE

BY FREDERICK C. OTHMAN Fnit*d Press Staff Corresßondent July 13;—The Rev. Vj Phillip Yarrow, whose oneman crusade against racy books backfired him into Jail, is getting tired, very tired, of durance vile. He received your correspondent behind the bars of Chicago's jail today, gazed forlornly through thick-lensed eyeglasses at a bucktoothed guard who stood nearby to see that he didn't try to escape, and told the lamentable story of his purchase of that now famous book, “Ten Nights in a Harem.”

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Herbert Hoover . . . “our first hair-shirt hero.”

‘Legs’ Diamond Trial Opened; Venire Quizzed

‘Legs’ Diamond

By United Press

TROY, N. Y., July 13.—Jack (Legs) Diamond, sitting white-faced at his counsel table in court today, agreed sullenly to surrender of his bond, and during the duration of his trial on charges of attacking and intimidating Greene county citizens, he will spend his time between the courtroom and jail. The morning session ended without a single juror in the box. Twelve veniremen were examined.

on murder charges, to handle the funeral and burial. He also is said to liave told Cowan that he intended to gain control of insurance papers in possession of Taylor and Mrs. Taylor’s relatives. Vehling told The Times he had permission to hold the body although from his jail cell, Taylor denied this, asserting he only had given Vehling temporary charge of the body until arrival and arrangements of Mrs. Taylor’s parents, Mr. and Mrs. Hannon Bates of Freedom, Ind. Cowan was preparing to file a court writ to have the body turned over to the family when he found Vehling i n conference with Taylor at the jail. Vehling left, returning later to relinquish control and return the body of the slain woman to her parents. Similar actions by Vehling were 1 barred several months ago, after I which he promised county auth-1 orities he would “be good.” SUES FOR $35,000 Physician Asks Damages for Auto Crash Injury. Charging that an automobile accident has caused loss of his memory. Dr. Edwin B. Boots, Indianapolis physician, today filed suit in superior court four demanding $35,000 damages. Boots is seeking this amount from Marshall E. Woodhead, 3936 North Capitol avenue, who is charged with recklessly driving his automobile into a machine belonging to Boots May 2.

“And I want out, 7, said the Mr. Yarrow. “I’ve been in jail for three weeks, and it has been a wonderful spiritual experience, but I'm getting tired of it.” Mr. Yarrow is superintendent of the Illinois Vigilance Association. Suppression of obscene literature is his principal task. So he visited the book store of Walter Shaver several months ago to buy "Ten Nights in a Harem.” aa \ a Bookseller shaver didn’t have that particular literary gun in stock. He ordered it for Mr. Yarrow, who paid S2O for it

INDIANAPOLIS, MONDAY, JULY 13,1931

to make a deep or immediate imprint upon a capricious public.” The book describes Mr. Hoover as “the first presidential nullifier’’ in regard to prohibition. “Every day in every way he seeks to ease the discontent of the wets without losing the affection of the drys,” the author says. “Slowly but surely, the Hoover administration whittles away at the grand old log. It permits, for instance, the manufacture and sale of a grape concentrate which becomes, through the simple operation of natural laws that are carefully explained by the salesmen, 15 per cent wine.” In his general estimate of Mr. Hoover as President, the author says: “The presidency requires directness of mind and a strength of character which Mr. Hoover has shown he does not possess. The White House needs a co-operative spirit, and

'RAGES TO BEAT TORTURE DEATH Soldier, Choking on Dental Plate, Rushed East. By United Press / WASHINGTON, July 13.—Surgeons and nurses at Walter Reed hospital, the army’s hospital in the capital, made ready today to receive private Claf Nelson, being rushed here by airplane from El Paso, Tex. Nelson swallowed a dental bridge which lodged in his throat. Surgeons were unable to remove it. An army airplane was pressed into service as an ambulance and he was started for Washington in the hope that specialists here might be more successful. Failure, surgeons feared, might mean a torturous death for the soldier. Captain F. O. Wills, adjutant at the hospital, and Colonel W. L. Keller, chief surgeon, were notified to be ready to receive Nelson and were advised as to the general nature of the case. A room at the hospital was made ready and arrangements were perfected to expedite the handling of the case. An army jynbulance was ordered to be at Bolling field and await arrival of the plane. BOY KILLER GRINS Amused at Statement at Murder Hearing. By United Press CHICAGO, July 13.—Varner Corry, 15-year-old Boy Scout who “never cried and seldom laughed,” grinned today at his trial on charges of murder when a statement in which he admitted killing policej man Edward Smith was read to the court. He smiled again when it was read frflm an alienist’s report that he had "never cried since infancy, and seldom laughed.” Varner, his red hair smoothed back and wearing a neat blue suit, said “not guilty” in a clear, steady voice when the court asked him how he wished to plead. When the trial was adjourned | until Tuesday he shruggged indifferently. ADMITS TAKING BRIBES Former Women’s Court Prosecutor Testifies Against Lawyers. By United Press NEW YORK, July 13.—John C. Weston, former prosecutor in women’s court, chief witness against fourteen lawyers, facing disbarment on charges they bribed him, today flatly asserted that the alleged payments he received were “bribes.” HONOR DEAD DIPLOMAT Denmark Royalty Attends Memorial for Ralph H. Booth. By United Press COPENHAGEN, July 13.—The Princes Axel and Viggo, together with members of the diplomatic corps and the king’s chamberlain, attended a memorial service today in the English church for Ralph H. Booth, late United States minister to Denmark. STRIKE LEADER CHASED # Police Bar 22-Year-Old Girl From Riot City. By United Press CENTRAL FALLS, R. 1., July 13. —Police today ordered Anne Burlak, 22-year-old strike leader, to get out and remain out of this city. Three or four other leaders also were barred from Central Falls, scene of three strike riots within the past week. Train Kills Deaf Mute By United Press ANN ARBOR, Mich., July 13. Unable to hear the whistle of "an approaching locomtive, George S. Fletcher, 60-year-old deaf mute, was killed at a railroad crossing here.

and promptly had Bookseller Shaver arrested on charges of selling indecent literature. A jury found Shaver not guilty. He thereupon sued Mr. Yarrow for false arrest and obtained a $5,000 judgment against him. Mr. Yarrow wouldn’t pay. Shaver, under the old common law in force in Illinois, had Mr. Yarrow trundled off to jail as a debtor, there to stay for six months unless he relents and relinquishes the $5,000 first. Shaver, incidentally, is paying $1.50 a day to the state for Mr. Yarrow’s board. gfS

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Calvin Coolidge . . . “querulous, selfish and loquacious.”

Gen.Foulois to Become Chief of Air Corps

General Foulois

By United Press

WASHINGTON, July 13.—War Secretary Patrick Hurley today appointed Brigadier-General Benjamin Foulois, now assistant chief of the air corps, to be chief of that organization with the rank of ma-jor-general, succeeding Major-Gen-eral James E. Fechet, whose fouryear detail expires Dec. 19.

FALL ACTION DELAYED Filing of Motions in Bribery Case Is Held Over. By United Press WASHINGTON, July 13.—Filing of motions which will enable Albert B. Fall, former secretary of interior, to serve a prison sentence for bribery in the southwest Instead of Washington today was postponed until Tuesday. Dr. Frank J. Hogan, counsel for Fall; United States District Attorney Leo A. Rover and Justice Jennings Bailey of the District of Columbia supreme court discussed the matter today in the latter’s chambers. LA FOLLETTE IS BACKED World War veterans Spport Phil for Presidency in 1932. By United Press CHICAGO, July 13.—The World War Veterans’ Association announced today it will support Governor Phillip La Follette of Wisconsin for President in 1932. TOOTH CAUSES DEATH Coroner Will Probe Passing of Young Woman. GARY, Ind., July 13.—Dr. A. A. Watts, Lake county coroner, is preparing to investigate the death of Mrs. Eva Irene Cole, 20, who died in a hospital shortly after collapsing in the office of Dr. M. A. Narcowich, a dentist. Objecting to the use of novocaine, chloroform was administered to the patient before a tooth was extracted, the anesthetic being given by Dr. Edward B. Rhomberg, who acted at the dentist’s suggestion. The doctor said he used only onetenth of the amount of chloroform generally employed in such cases. Still Operator Held By United Press ' WHITING, Ind., July 13.—George Kaminsky and Elmer Howerton, motorcycle policemen, who said they had “had their eyes on F. A. Kelly for three weeks,” entered his flat, found a fifteen-gallon alcohol still in operation, and arrested Kelly. Hourly Temperatures 6a. m 72 10 a. m 86 7 a. m 73* 11 a. m 88 Ba. m 80 18 (noon).. 88 9 a. m 83 1 p. m 90

“Although I have filed an appeal,” said the latter, “I’d let that rftan Shaver pay my jail board bill for the rest of my life before I’d give him $5,000. That book he sold me is one of the worst I’ve ever seen.” a m a “HHEN NIGHTS IN A HAREM,” A explained Mr. Yarrow, while the buck-toothed guard grinned in open-mouthed wonder, concerns a naval officer who dived into the Mediterranean sea. He got caught in a subterranean river which brought him up in the middle of a sultan’s harem

he is a stark, selfish individualist, not in a sinister or philosophic sense, but in that he believes himself divinely right always. It requires a rough and resourceful, a Rooseveltian or Wilsonian, personality; and Mr. Hoover is by turn fretful and feeble. He is a victim of self-pity; he is our first hairshirt hero.” Coolidge is termed Mr. Hoover’s “most cynical and observant critic.” A visitor at the Coolidge home in Northampton was met with the question, “What’s the wonder boy doing now?” it is related. The writer says “Mr. Coolidge was not the strong, silent figure a sycophantic press pictured him to be. He was, on the contrary, small and shabby—crochety, querulous, selfish and wearisomely loquacious. Withail, he was personally likable and readily understandable—and an enigma only to unctuous and undisceming folk.”

LEAVE ON HOP TO BUDAPEST Hungarian Flier Dashes to Aid of Mother. By United Press ROOSEVELT FELD, N. Y„ July 13.—Two Hungarian fliers, George Endres and Alexander Magyar, started today in their big Lock-heed-Sirius plane for Harbor Grace, N. F., en-route on a flight to Budapest. For Endres, the flight meant financial aid for his bedridden mother. She is suffering from cancer. “Don’t let them operate on mother,” he advised his father. “Radium treatment will be much better for her. When I finish this flight. I’ll have enough money to supply these for her.”

CHARGE STATE JOB COSTS EXCESSIVE

New evidence that the state might have saved as much as $30,000 by spending about $6 to advertise the statehouse outside cleaning job, which is now under way, was disclosed today., The state is paying $64,000 from Governor Harry G. Leslie's emerNOBEL WINNER DIES Archbishop Soderblom Is Dead in Sweden. By United Press UPSALA, Sweden, July 13.—Archbishop Nathan Soderblom, 65, Nobel prize winner last year and prochancellor of the University of Upsala since 1914, died Sunday at the Upsala hospital. DELAY UTILITY CASE Injunction Sought in Sale of Kansas Stocks. By United Press TOPEKA. Kas., July 13.—Heari.f, on the application for a tempore |y injunction against an order barring the sale of Cities Service stocks in Kansas, was delayed today at the request of Roland D. Boynton, state attorney general. Boynton Informed Judges George H. Whitcomb and George A. Klein, sitting together at the injunction hearing, that he desired time to study an amended petition filed by attorneys for Henry L. Doherty, head of the billion dollar Cities Service organization. The request was granted.

City Worried by Drop in Reduction Plant Income

Loss to Force Hike in 1932 Taxes, Forecast of Board. Faced with the necessity for an increased tax levy next year despite a contemplated budget reduction, city sanitary board members today were in a quandary. Decreased value of byproducts sold by the department, such as grease, fertilizer and stock feed.w’lll require raising of more funds through taxation. Price of grease produced by the reduction plant has dropped from last year's price of from $6 to $8 to a price of sl.Bl at the present. Estimated receipts from by-products in the budget for this year were set out at $150,000, but less than $60,000 is anticipated for the year at this time. In addition the board financed

while the sultan was out of town. And what happened then to the naval officer, according to Mr. Yarrow, would better have been left untold. “The worst part of all, though,” continued Mr. Yarrow, “was when they let the jurors who tried Shaver, read that terrible book. I know for a fact that every one of those twelve jurors would have liked to have had a copy of it themselves. That’s why they 'found Shaver not guilty and that’s also why he had the unmitigated nerve to charge me with false arrest.” y

Entered as Second-Class Matter at Fostoffice. Indianapolis. Ind. *

DISASTER NEAR, GERMANS FIGHT FOR CREDIT AID Nation Is Flustered and on Brink of Panid as Government Bank Closes; International Help Looms, However. BY FREDERICK KUH United Press Staff Correspondent BERLIN, July 13.—Germany’s desperate financial situation caused an internal crisis today, with emergency; measures in effect by and leading bankers tdj prevent bank runs, panic and further closing of banks. It was apparent that only a substantial foreign loan w’ould save the situation, and the indications were that thei loan would be forthcoming. The international bank met at Basle, Switzerland, with American, British, French. German and other nationalities represented. Dr. Hans Luther, president of the Reichsbank, flew; there from Berlin with a proposal which was expected to bring the necessary credit—possibly a $300,000,000 term loan, with extension of $150,000,000 short term credits duel this w T eek.

Germany, it was disclosed, has decided in her extremity to meet at least half way the political demands imposed by France as the price of French participation in a loan. A trustworthy source said Luther took with him a German compro-

gency fund to have the job done, with figures obtained only from those to whom the contract was let. According to Henry Roberts, former statehouse custodian and now a restaurant owner, he received estimates for the cleaning job under both the McCray and Jackson administrations. “At that time both labor and material costs were considerably greater than now and in no instance did an estimate exceed $27,000,” Roberts declared. “But neither Governor Jackson nor Governor McCray approve of carrying on the work from their emergency fund. They considered that- if there was any great demand for the building to be washed, the money would be appropriated b> the legislature.” The Cincinnati Cleaning Company is doing the present job, wit<i Edward Dux, stone contractor here, as special agent. Contract was signed by representatives of the Governor, state auditor and secretary of state with Frank Cayior, statehouse custodian, engineering the project without advertising. RATE HEARING TO OPEN Wednesday Date for Airing Rail Increase Petition, By United Press WASHINGTON, July 13.—Hearings on the petition of the nation’s railroads for a 15 per cent increase in freight rates will be opened by the interstate commerce commission Wednesday. The case, which is regarded as one of the most important to be determined by the commission in recent years, will be presented before a board of nine men.

part of this year’s budget through a $197,000 balance caused by delay In opening the dehydration plant. The loss in by-products and the amount of tills year's budget covered by the $197,000 balance must be raised through the tax levy next year, if the board is to continue operating all its departments, it was said. Tentative budget request for next year is $545,000, which would require an 8 cent levy next year. This year's 5-cent levy, together with th& balance and by-product receipts, financed a budget slightly higher than that proposed for next year. The board, at its meeting Tuesday, is expected to receive an interpretation of the law passed by tne last legislature preventing budget increases for the next two years. Board Attorney Walter Myers has bee nasked to determine whether or net this law would permit a levy increased.

'T'HE jail is cool, however, said Mr. Yarrow, the food is good and existence there would be pleasant enough were it not for the bars on all the windows and the locks on all the doors, “So I spend my time resting and reading,” he added in saying farewell. “And I wonder,” said the bucktoothed guard upon escorting Mr. Yarrow’s visitor to the freedom of the unbarred outdoors, “if I asked maybe he would lend me that Ten Nights in a Harem* book?”

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mise proposal which, however, cli(f not Include an agreement to cerse building the .second German “pocket” cruiser, as demanded by Prance. News that the United States fed* eral reserve bank might be willing to participate in the loan had a tremendously cheering effect here. • Developments Are Rapid Developments in Germany were rapid after a week-end devoted to frantic conferences by government officials and financial leaders. The Darmstaeder Und National bank (popularly called Danat), 011a of the largest in Germany, had to close. The Dusseldorf Rheinprovinj bank, a large provincial institution, also closed for two weeks. Runs hew gan on various banks here, in Cow logne and other cities. To halt the runs, Berlin bark* agreed to limit withdrawals of deposits to comparatively small amounts. The Berlin Bourse v. as suspended for two days. An emergency degree was issued by PrcslI dent- Faul von Hindenburg, guaranteeing the deposits of the Darmstaedter bank, although the cap: al of the bank was not included in tho guarantee. Urged to ‘Keep Heads’ In conjunction with the decree, a government proclamation was issued, calling on the people to “keep their heads” and assuring thomf that the depositors would be protected and that government trustee* would supervise the transactions of the bank. Etespite the public tension, and the fear that the Communists might start trouble, or the Fascists try" to seize power, there was little violence today, a few minor disturbances were reported. Aid Believed Near By Unite ft Press PARIS, July 13.—Pierre Etienne Flandin, finance minister, inrorn ed Premier Pierre Laval today that the World bank directors at Basle had approved one of the principal French reservations to the Hoover debt proposal. The French reservation would relieve France of depositing the guarantee fund which she is charged with doing under the Young plan in case there is a moratorium on German conditional annuities. The news indicated the bank directors were maing progress toward agreement on providing Germany with an international loan. Plead With France By United Press PARIS, July 13.—Germany’s pressing need of immediate financial aid was presented again to the French government through the German ambassador, Leopold von Hoesch# today. Von Hoesch, who appealed to Premier Pierre Laval Sunday night, conferred with Aristide Briand, foreign minister, before lunch today, while Laval conferred with finance minister P. E. Flandin. Federal Bank Silent 5 By United Prvss NEW YORK, July 13.—Officials of the Federal Reserve bank of New York refused to comment on the German loan situation today. It was learned „ unofficially that the New York bank would take no initiative in the matter of extending credit to Germany. It v/as said the credit for Germany rests at the moment on developments at Basle, where representatives of leading European banks were considering the situation. French Increase Guard By United Press PARIS, July 13.—French military authorities have ordered frontier garrisons and posts to maintain closest vigilance because of the uncertain situation in Germany, art<| tc take particular care to avoid any clash of “hotheads” or extremists. VETERAN OFFICER DIES Colonel Basil Duncan Fought ! n Civil War; Lived in Panama. By United Press PANAMA CITY, July 13.--Colonel Basil Burns Duncan, 08, Civil war veteran and one of tha oldest American residents in Panama, died last night. Colonel Duncan was a native of Missouri. . r