The Syracuse Journal, Volume 22, Number 28, Syracuse, Kosciusko County, 7 November 1929 — Page 6
Ft. ~jWTIr nfr < w ' *al 4 < i F m ■n|g£W ?jEr H- .Jr ■ I *=** / BFI “*-* 2 / Jr > ’**' ■X>MLd^W-JS> j>*-4 1 — Alexander Vantages, theater magnate, entering jail at Los Angeles after his conviction of assaulting Eunice Pringle.' young dancer. 2—Edouard Daladier, Radical Socialist leader, who tried to form a French government and failed. 3 Daniel Carter Beard, national scout commissioner, and scouts from New York, New Jersey and Connecticut, placing wreath on tomb of Theodore Roosevelt on his birthday.
NEWS REVIEW OF CURRENTEVENTS Tremendous Fall in Prices of Stocks Checked by Buying by Bankers. By EDWARD W. PICKARD T TTTER collapse of prices regardless of Intrinsic values made the first three days of the week the wildest the stock exchanges of the country ever had experienced. Paper profits of* many billions were wiped out and many thousands of amateur speculators who had been reveling in “easy money” for months were eliminated •ompletely. The professional bears grimly hammered away and the hysterical public dumped their securities in such a flood that on Tuesday the total of shares sold on the New York Exchange was more than twenty-six million. By Wednesday prices had reached so low a level that the big bankers. Insurance companies and individual capitalists began buying heavily, and the immediate result was a recovery and steadying of the market. This buying was given the appearance of benevolence, to a certain extent, but the fact remains that the market did not receive such support until stocks had become a profitable investment President Hoover, and after him Julius B. Klein, assistant secretary of commerce, gave out statements insisting that the prosperity and the industries of the country were unaffected by the stock collapse and still absolutely sound. Business men generally did not bemoan the great readjustment in the stock markets. For a long time they have been suffering because so many citizens have been using their money in speculation instead of in the purchase of commodities. The working staffs of the exchange and brokers’ offices were so exhausted that a short session of the exchanges ■was held Thursday and they were closed up on Friday and Saturday to give the traders and clerks a chance to recuperate. The securities markets abroad adopted the same measure. It was generally felt that the crisis was over and that' the confidence of the public was restored, and those who had any money left began picking out bargains in stocks., WHEAT prices having fallen too low, according to Chairman Legge of the federal farm board, who said this was due to the fact that a large part of the year's supply was being marketed too rapidly; the board came to the rescue with a statement that $100,000,000 were Immediately available to farmers to stabilize prices. The board set the minimum prices on which loans will be carried until the end of the marketing season. The money will be lent to wheat co-opera-tives qualified as borrowers under the Capper-Volstead act Under the plan announced, the farmer can get more than 90 per cent of the value of his wheat without selling it Much of the money available already has been loaned. The Farmers’ National Grain corporation, organized under the auspices of the farm board, came into legal existence with the filing of its papers of incorporation in Wilmington, Del. It started functioning at once, with headquarters in Chicago. The launching of this corporation, which Is expected to solve the wheat problem of the Central states, is considered the most important step yet taken by the farm board in carrying out President Hoover’s farm relief policies as set forth in the agricultural marketing act. The concern is expected to give the farmers control of their marketing and also to stabilize grain prices at a high level. SOME of the old guard Republicans in the senate, led by Reed of Pennsylvania and Edge »f New Jersey, have given up hope that a tariff bill acceptable to the Republican majority and the administration can be passed by the special session and want to bring about adjournment by the middle of November. Probably this
Seeking Aviators Who Have Won Decorations t The flight of fame, or the modesty of courageous men, has left a number of Mackay trophy medals awaiting claimants among former army aviators. Maj. Gen. James E. Fronet, chief of the army air corps, announced that he was searching for several such flyers, or their heirs, to receive these medals. The award Is limited to army aviators and is given annually, but if more
group would like to have the bill en-> tirely sidetracked in the regular session opening in December. However, President Hoover directly asked the senate to pass the bill “within the next two weeks,” and though the leaders didn’t think this possible, it seemed likely the special session would continue until the end of the month. JOSEPH R. GRUNDY, head of the Pennsylvania manufacturers and veteran-of many a political and tariff fight, was before the senate lobby investigating committee for three days, and proved to be the most entertaining witness the senators had yet heard. He undertook to justify In every way his efforts to keep the tariff high, was apparently frank and open in his statements, and quite unconcerned whether or not the committee classed him as a lobbyist. More than that, he delighted his unofficial hearers by his spirited attacks on what he classed as the “backward” states and their representatives in congress, asserting that they should “talk pretty darn small” on policies affecting the states that “form the tax reservoir of the country”—Pennsylvania, for Instance. Pressed to name the “backward” states, Grundy declared to Senator W. E. Borah that the latter’s presence in the senate is proof enough for Grundy of Idaho’s backwardness. Similarly, he bluntly told Senator T. H. Caraway that any state which, like Arkansas, showed such little Interest In a senatorial election that only 30,000 votes were cast must be backward. Grundy listed as “backward” states Arizona, South Dakota, Mississippi, Arkansas, Idaho, Montana and Georgia. and he didn’t think much of Wisconsin and North Dakota. The senators from all of these states, he thought, shouldn’t “put up any roars.” “How would you silence Senator Borah and myself?” asked Senator Walsh. “I should think your intelligence would suggest silence on such matters,” retorted Grundy to the delight of the hearing room crowd, which roared with laughter. Senator Bingham of Connecticut, whose employment of C. L. Eyanson to aid him in tariff bill work was severely criticized by the lobby committee, started a bitter debate in the senate by declaring the committee was packed against the administration and that its members were playing politics. SENATOR BLEASE of South Carolina, some ministers of Washington and various other persons have been loudly blaming President Hoover for the liquor and vice conditions prevalent in the national capital and demanding that he clean up that city. The Washington Times has been publishing articles exposing the liquor traffic there and its city editor, being called before the grand jury, gave a list of sixty speakeasies and bootleggers. Three Times reporters who were supposed to have purchased liquor at these places in the course of their Investigations were summoned by the grand jury and refused to give that body the names and addresses of those from whom they had bought the drinks, declaring this would make them dry snoopers and cause them to lost their positions. Judge Peyton Gordon thereupon sentenced the reporters to jail for forty-five days for contempt of court. IN ITS legislative elections the province of Ontario, Can., piled up a huge majority in favor of the Conservatives and of the policy of government controlled liquor sales for which they stood. Premier Howard Ferguson’s government won 93 of the 112 seats in the legislature. Ferguson himself doubled his majority of the last election; W. E. N. Sinclair, Liberal and moderate dry leaden, barely escaped defeat by a government candidate, add John G. Lethbridge, bone dry Progressive leader, was beaten in the ordinarily dry riding of Middlesex West which he has represented for ten years. EDOUARD DALADIER, the radical Socialist who was invited to form a new government for France, could not persuade the Socialists to participate, and therefore he was forced
than one participates In the flight or flights found most meritorious, each receives a medal. The men who, themselves, or through their heirs, are entitled to the unclaimed medals Include: Col. Townsend F. Dodd, winner of the tropliy in 1914 for participation in a reconnaissance flight, who was killed before receiving the medal. Lieut Delvln W. Maynard, the “flying parson,” and Lieut D. B. Gish, members of the crew of the AtlanticPacific flight and return in 1919, who
to give up the task. Then Etienne Clenfentel, president of the senate finance committee, tried and failed, and the difficult job was undertaken by Andre Tardieu. CHINESE government forces were pushing rapidly forward in a wide area in Honan province and engaging in heavy fighting with the rebel troops which were said to be retreating. Gen. Chiang Kai-shek himself, president of the republic, went to the front to lead the attack. The civil war conditions in the Yangtse valley were considered so serious in Washington that six United States destroyers were ordered from Manila to Chinese waters to protect American lives and interests. EIGHTY-SIX American officers .and oldiers w’ho were members of the expeditionary force at Archangel in 1918 and 1919 and perished there are on their way back to Michigan, their home state. The bodies, retrieved by the graves commission, were conveyed on board the Soviet steamer Lieutenant Schmidt to Havre, France, whence they were to be brought to the United States by an American battleship. Sixty-two of the dead have been Identified. All were members of the Detroit Three Hundred and Thirty-ninth Infantry. ITALIAN Fascism celebrated Its seventh anniversary with much eclat, and needless to say Premier Mussolini was the central figure of the affair. In an address to GO,OOO Black Shirts in Rome the Duce reviewed the progress Italy had made under his rule and gave i it his full approval. He told his followers the country was “armed tn | heart and hand” and ready for peace and for anything else; and he again warned the rest of the world to keep hands off. TRAGEDIES on Lake Michigan ccfst a number of lives. The liner Wisconsin from Chicago foundered in a storm off Racine and fifteen persons, among them Capt. Douglas H. Morrison, drowned despite the heroic efforts of life guard crews. Sixty others were saved. Later in the week the j steamship Senator and the ore boat j Marquette collided north of Milwau- I kee, the former going down with a dozen persons, and the Marquette barely reaching port. FOREMOST in the week’s death list is the name of Theodore E. Burton, United States senator from Ohio, who passed away in Washington after : a month’s illness at the age of seventy- | seven years. He had served a total of j forty-four years in congress. After many terms in the house he was sent j to the senate. Later he returned to 1 the house, and finally went back to the senate. He was one of the leaders of ■ the Republican party. Funeral services for Senator Burton were held in the senate chamber in the presence of President Hoover and other high officials and ten senators accompanied the body to Cleveland. Other notables claimed by death were Rev. E. S. Shumaker, superintendent of the Indiana Anti-Saloon league; Sir Graham Balfour, British author and biographer of Stevenson; Prince Bernhard von Buelow, former chancellor of Germany; Rev. John Roach Straton, fundamentalist Baptist preacher of New York, and Edwin B. Parker, arbiter of international World war claims. WHEN the jury in Washington found Albert B. Fall, former secretary I of the interior, guilty of accepting a ' bribe from Edward Doheny for a naval j reserve oil lease, it was announced ’ that the oil magnate himself would be put on trial early in January. The verdict was a most painful surprise to Mr. Fall and his relatives and friends. It made him liable to a maximum sentence of three years in prison and a fine of $300,000, but the jury recommended mercy and it was not believed the aged and infirm man would be sent to prison. Out in Los Angeles another jury brought in a verdict of guilty against Alexander Pantages, theater magnate, i who was accused of assaulting Eunice I Pringle, a young dancer. It recommended that he be sentenced to the penitentiary but asked that the court extend leniency. (©, 1»29. Western Newspaper Union.)
resigned before receiving the medals representing the trophy, and Lieut. R. S. Worthington, another participant in that exploit, who resigned and was killed soon afterward. Capt Clinton F. Woolsey of the crew of the South American good will flight in 1926, who was killed during that undertaking. Sergt. Edmund Henrlque, who participated in the Alaskan flight in 1920 and was discharged upon expiration of his term of enlistment before receiving the medal
THE SYRACUSE JOURNAL
Improved Uniform International SiindaySchool ’ Lesson ’ (By REV. H H. FITZWATER. DM.. Dean Miiody F.lhie institute <>f Chicago. > WZ>. H!# Wtwtern Newenaper t’nlnn. » Lesson for November 10 WORLD PEACE THROUGH MUTUAL UNDERSTANDING LESSON TEXT—Isa. 2:2-4; 11 12:23-25; Acts 17:22-28, John 4:20.21. GOLDEN TEXT—They shall not hurt nor destroy in all my holy mountain, tor the earth shall be full of the knowledge of the Lord an the waters cover the sea PRIMARY TOPlC—Friends the World Atound. JUNIOR TOPlC—Friends the World Around INTERMEDIATE AND SENIOR TOPIC— Working for World Peace. YOUNG PEOPLE AND ADULT TOPIC—Our Share In Promoting international Understanding. The lesson title is somewhat misleading It is not world peace through mutual understanding, but through the actual coming of Jesus Christ, the Messiah, and the establishment of His kingdom on the earth. 1. Messiah’s Kingdom Established (isa. 2:2-4). By “mountain” In the Scriptures is meant a kingdom (Dan. 2:35, Rev. 13:1, 17:9 11) L Its position (v. 2). It shall he tn a place of supremacy. The kingdoms of rhe world shall then become the kingdom of Christ (Rev.’ 11:15). 2. The restored kingdom the teacher of the gentiles (v. 3). God called Israel and made her the priestly nation in order that she might make known His name among other nations. Now, after many centuries of apostasy and rebellion, the chosen i nation comes into Its own. God’s favor will he so outstanding as to gain the attention of the whole world and cause the people to come up to hear the law of God. 3. The Divine Judge (v. 4). The problems of the world which are so beyond man’s capacity to solve will he adjudicated by the One who is all wise, and He shall then rebuke many people. Because of this rebuke. ' they shall convert their Implements of war Into Implements of husbandry, and shall learn war no more. 11. Description of His Reign (Isa. 11 :6-10) Universal peace between men and animals will prevail, tn this picture each animal Is coupled with that one upon which It naturally preys. 1. The wolf shall dwell with the lamb. 2. The leopard shall lie down with the kid. 3. The calf, the young lion and the ' fatling shall lie down together. 4. A little child shall lead them. i 5. The cow and hear shall feed together. 6. The lion shall eat straw like the i ox. 7. The sucking child shall play upon the hole of the asp. 8. The weaned child shall put its band upon the den of the cockatrice. The coming of ('hrlst will have a regenerating effect upon the whole creation. The only peace for the earth will be when Jesus Christ, the Prince , of Peace, shall reign. 111. Peace Among the Nations by I Means of the Knowledge of God (Acts I 17:22-28). ■ The way to bring peace among the nations is to make God known. Paul began his discourse on Mars hill by referring to one of their inscriptions, “To the unknown God.” and declared that it was his purpose to make known this God unto them. By using this as i his point of contact he made declarai tions about God and man which if recognized will tend to the unity of the nations. 1. Declaration concerning God (w. 24. 25). (1) The Creator of the universe. (2) Lord of heaven and earth. Being 1 essentially spirit. He demands heart worship, and being Creator He cannot j be confined to an earthly temple. (3) His active providence. He declared that in Him we live and move and have our being. 2. Declaration concerning man (w. 26-31). (1) We are the offspring of God (v. 28). (2) Nations have their place by God's purpose. (3) Men should seek God. The truth thus declared concerning God and man. If received, will remove national and racial barriers. The belief that God has made of one blood all the nations of the earth will do much to take away racial antipathies. IV. The Basis of National Union | (John 4:20, 21). The coming union of nations will not l be in forms or symbols, but In spirit. I The union of the race must be around Jesus Christ. Being united to Him as > head, men are brought Into fellowship , with G<(d. The Christian church is the supreme unifier of nations (Eph. 4:3-6). If we would hasten world peace, let us with diligence and eni thustasro endeavor to Induce men to ; give allegiance to Jesus Christ. According to the Scriptures To be ignorant of the Bible is in a very real- sense to be an uneducated i I man, but, it is more important to ob- | I serve that such a man is also an un- I enlightened man, that he has no true key to the perplexities of life, no chart by which to make his way in the darkness that so often comes upon the children of men, no hope of finding a meaning or purpose in human experience.—The (London) Times Weekly Edition. An Age of Opportunity This is an age of opportunity. Material forces are developed. Steam and electricity wait upon us. We have wealth abounding on every hand. But wealth is poverty if without God’s blessing. Every meal in His hand is abundance. So we may be enriched by giving, as we are surely impoverished by withholding.—J. Hudson Tajlor, D. D.
New Bridge Links Newport With the Mainland ’ 4 SOW Newport, R. 1., is no longer dependent on ferries, for this Mount Hope bridge, recently completed, links it with the mainland. The bridge, seventh in size in the world, is a mile and a quarter long. Nuns in Rome Using the Fascist Salute r ■ ■ " ■ '"■ l g ’■ JT’u. 1 ” : „ ■ A:? vO] l , Jfc;— ■ fe. ■ ’"MM ' Blo'i Jraol w mB’ FSB w - -• -Mm——!!■— MIKB Group of Italian nuns of an educational order using the Fascist salute as they pass the tomb '’of Italy’s Unknown Soldier at Rome.
. ASSISTANT TO HYDE ,4k! Ik jfl E. N. Meader of Cassville, Mo., has been appointed assistant to Secretary of Agriculture Arthur M. Hyde. He succeeds Roger R. Kauffman. Mr. Meader has been a special assistant to the attorney general since June. 1928. GLENNA TO TRY AGAIN IMMmKwb c-Kmml " .1 r I I Vi' W V ■" w jH Glenna Collett, four times winner of the American women’s golf championship, has decided to make another attempt to lift the British title, which -so far has escaped her. She is planning a trip to England next year to play in the British championship. \ , Speechlesa The captain of a small trading vessel wanted to land some contraband at a certain port Approaching the customs officer, he said: “Joe, if I put a $lO bill over each eye, could ye see?” “I could not,” said Joe. “And if I had one in me mouth, I couldn’t speak.” City Ignorance “We are now,” announced the guide, “passing through a rural hamlet.” “Oh,” exclaimed the sweet young thing, “I always thought a hamlet was a little pig.”—Tit-Bits. The Model A good pattern of the average hus band Is the man who thinks to empty the ashtray just before it starts to run over.—Slater News. Health Hint It Is a wise health measure to see that the automobile yor. drive or habitually ride in Is free from defects. The proper adjustment ol the brakes is most important. To be careless In these matters is to Invite injury and even death.
Decorations Bestowed on Four «.' J?.. i'jHjßl ’ -- ' - yIO fc.X W . < ' WWwWWWr . • - -^CMwi.'» Mftiy J| r?%3lwH x .. • IkW V ? ' . ■ s f* '> h DUX J A a Oh e- .—. w ' aS ' '** -'< y *^?,<! -X WCTg ■*"' V- '■• v>A Lieut. James H. Doolittle, army ace, and three World war veterans were decorated at Fort Hamilton. Lieutenant Doolittle received the Distinguished Flying Cross for a one-stop flight which he made in 1922 from Florida to California. He also received the Oak Leaf Cluster for hazardous experiments - in testing planes In 1924. The three former service men who were awarded the Distinguished Service Cross are James P. Naan, Michael J. McCarty and Christopher L. Edell. Photograph shows General Drum presenting the medals. . , Mosley May Be British Ambassador twsxA W A-V : 'W' w <Uwi e t; sßfc JB "K w) Mr M 1 I International Sir Oswald Mosley, immensely rich and brilliant young labor member parliament, who is likely to be appointed as British ambassador to the United \_ States to succeed Sir Esme Howard, is shown here with his equally famouswife, the former Lady Cynthia Curzon, daughter of the noted British statesman and former viceroy of India. Her grandfather was the late Joseph Leiter of Chicago. ,1
FROM HERE AND THERE
One million people perished in Ireland’s famine of 1847. A Swiss engineer has invented apparatus to lower small packages of mail from an airplane in flight. The earliest account of leprosy dates back to 1300 B. C„ when cases among slaves in Egypt were recorded. A new, long handled floor brush is equipped with rubber bumpers, so that the corners do not mar furniture.
In the year 1420 a Latin Bible cost $l2O. The Swedish Industrial committee is working towards the standardization of sawn and planed wood. A tree for every member, or 551,995. « was planted last year by the 110 chapters of the D. A. R. , The largest land mammal that ever existed was the baluchltherium, a prehistoric relative of the rhinoceros.
