The Centre reporter. (Centre Hall, Pa.) 1871-1940, March 02, 1933, Image 2

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    THE CENTRE REPORTER,
CENTRE HALL, PA.
Is Wounded
HOT at five times by an anarchist
in Miami, President-Elect Frank-
lin D. Roosevelt narrowly escaped be-
ing added to the list of America's illus-
trious victims of as-
sassing, Not one of
the bullets struck
him, but Mayor An-
ton Cermak of Chi
cago, who was talking
with Mr. Roosevelt,
was seriously wound-
ed. Two other men
and two women in the
throng that was gath-
ered in Bay Front
park to welcome the
President-Elect also
were hit by the as-
sassin’s bullets and it
one of the women
survive. Mr. Roosevelt
had just landed after his fishing
cruise, had made a brief talk to the
thousands in the park and was being
greeted by personal friends when the
anarchist, identified as Giuseppe Zan-
gara of Hackensack, N. J. fired at
him from a distance of 20 feet. In
the great excitement and turmoil Mr.
Roosevelt remained calm and insisted
on taking Mr. Cermak to a hospital
in his car. He remained over night
on the yacht Nourmahal and visited
the wounded mayor next morning be
fore leaving by train for New York.
All the world was shocked by the
attempted assassination and messages
of congratulation on his escape poured
in on Mr. one of the first
received being from President Hoover,
Mrs. Roosevelt heard the news as she
returned home from a club where she
had made an Her only com-
ment on learning her husband
was not injured “1 am thank-
ful.” She did not change her plans,
which took her next day to Utlea to
speak at a home and farm week cele
bration.
Secret operatives in Miami
said Zangara, the assassin, was a mem-
ber of an anarchist group of Pater
son, N. J, and that he declared he
had no accomplices, acting entirely on
his Immediate steps
toward his trial were taken. but the
authorities were careful to avold any
possible charges that Zangara was be-
Ing “raillroaded.”
Franklin D.
Roosevelt
feared
not
was
would
Raval
loosevelt,
address
that
was:
service
own initiative,
Y THE rather surprising vote of
33 to 23 the senate adopted the
revised Blaine resolution submitting
repeal of the Eighteenth amendment
to constitutional conventions in the
states. In this form the measure is
almost In accord with the plank of the
Democratic platform. It provides for
outright repeal except for federal pro-
tection for dry states against liquor
importations.
Speaker Garner predicted the reso
lution would be speedily accepted by
the house. The approval of the Presi.
dent is not required: but it must be
ratified by thirty-six states
Voting for the resolution In the sen.
ate were 33 Democrats, 29 Republieans
and 1 Farmer-Laborite. Against f(t
were 9 Democrats and 14 Republicans,
The Illinois senate passed legisla-
tion wiping out the state prohibition
law and the search and seizure act.
V HILE Ambassador Sir Ronald
Lindsay was starting back to
Washington with the British proposals
for the war debt discussion scheduled
for March, Senator
Key Pittman Intro
duced a bill that
would seem to have
some merit, though
our expert financiers
may tear it to pleces.
The measure would
permit Great Britain
to make the payment
on her debt due in
June In sliver, and
this, according to Mr.
Pittman, would oper.
ate to the advantage
of the United States: would enable
England to avold transfer of gold to
meet the next war debt payment and
would make possible acceptance by
Great Britain of silver In payment of
a large sum due from India before the
June war debt payment.
The Pittman bill would authorize
the acceptarce by this government of
any sum up to $100,000.00 due from
jreat Britain in silver at current mar.
ket value,
Its purpose was explained as fol
lows by Mr. Pittman:
“The government of India owes
Great Britain approximately $85,000,
000. It has been reported with some
authority that India desires to pay this
debt to Great Britain with silver. The
acceptance by the United States of
$74,950,000 worth of silver at the world
market price of silver of approximate
ly 25 cents an ounce, which is prob
ably lower than it will ever be again,
would not only be profitable to the
United States but advantageous to
both the United States nnd Great Brit:
ain
“Under such a settlement the Unit
ed States would receive 200,800,000
ounces of silver at the present market
price of around 25 cents an ounce.
Under the provisions of the act our
governinent ent of such sliver wonld
Sen. Pittman
coln 74,000,000 standard silver dollars.
It would deposit them in the treasury
and issue and circulate against them
$74,950,000 In sliver certificates similar
to those now In circulation In the
United States,
“As It requires only seventy-elght
one-hundredths of an ounce of silver
in the coinage of standard silver dol
lars, there would remain, therefore,
in the treasury, In addition to such
74,950,000 standard silver dollars, 241,
330.000 ounces of silver to be held In
the treasury as security for the main
tenance of the parity of the silver cer
tificates so issued.”
NE of the eminent men ealled on
to advise the senate finance com
mittee, Dr, Herman F. Arendtz, a Bos
ton economist, condemning any plan
for “internationally managed cur
rency,” such as may be expected to be
put forth at the coming international
economlie declared that
what we need is less credit and more
hard cash. Silver is the salvation, in
this hard money campaign, he main
tained. Its remonetization would be
the engine priming that would, in six
conference,
Orient 600 and 650 million
dollars’ worth of lumber, wheat, cotton
and
First of
committee
who is likely to be In
cabinet. He argued vigorously against
currency Inflation and in favor of a
balancing of the budget, and
urged the adoption of a beer tax and
the repeal of the Eighteenth amend
ment. [He also advised the federal
leasing of farm acreage to curtail pro
duction, and this plan was indorsed bs
C. C. Teague, former member of the
farm board. Mr. Teague, asserting
that the collapse of the credit struc
ture of the country was the fundamen
tal cause of the depression, urged fed
eral guarantee of bank deposts, and In
this he ha. the full support of Speaker
Garner.
George N, Peek, a manufacturer of
Moline, Ill, set forth his
to the domestic allotment bill, which
is doomed to death either In the sen
ate or In the White House, and pro
posed a modification of the plan
whereby curtaliment of acreage would
come after planting and before har.
vest, since “the variation In yield of
all growing crops from year to year
depends 75 per cent on weather and
pests, largely beyopd human control,
and only 25 per cent on the acreage
planted.”
between
copper,
the advisers heard by the
was Bernard M laruch
the Roosevelt
'
speedy
objections
ESPITE the efforts of Brazil and
other South American nations,
backed up by our State department,
real war has broken out between Col
ombia and Peru and the former coun
try has severed diplomatic relations
and declared that mediation is fin
ished. This rupture resulted from an
air attack by Peru on a Colombian
flotilla on the Putumayo river which
was repulsed by Colombian planes
and was followed by an engagement
at the town of Tarapaca, on the Dra.
zillan border,
INANCIAL troubles of the Union
Guardian Trust company, an Invest.
ment concern of Detroit, led Gov. Wil
Ham A. Comstock of Michigan to take
the courageous step
of proclaiming an
eight-day bank hol!
day, and his drastic
action received the
approval and legal
sanction of the legis
lature. The legisla
tors also got busy a!
once with the enact
ment of measures ‘cov
ering the situation dnd
bearing retroactive
clauses,
Except for the up-
per peninsula, which is separated both
geographically and economically from
the remainder of the state, the banks
were abiding by the holiday order.
The upper peninsula Is in a different
federal reserve bank district and, al
though the governor of the Federal
Reserve bank of Minneapolis sald he
was keeping hands off in the situation,
most banks above the Straits of Mack.
Inae were doing business as usual
The Federal Reserve bank of De
troit remained open and received mil
lions of dollars from Chicago and New
York, and the Detroit Clearing House
assoclation made arrangements where.
by $25,000,000 was made available to
depositors, the latter being permitted
to withdraw not In excess of § per
cent of thelr balances for emergency
purposes before the expiration of the
holiday. Several of the biggest De
troit corporations announced that they
were continuing to pay thelr workers
in cash, and all business concerns ex-
cept the financial houses carried on
as usual. The governor held confer
ences with Secretary of Commerce
Chapin and leading financial author
ties, and Mr. Comstock sald he did
not seek to prohibit any bank from
making a sensible arrangement to
permit withdrawals to meet family
necessities or to allow the eashing of
pay checks
Gov. Comstock
RITING with restraint eoncern-
ing the antics of the present
congress Is ditheult. What the house
does in the way of economy, if any-
thing, is speedily undone by the sen-
ate, and vice versa, or else both sides
agree on some legislation which they
well know will not get by with Presi
dent Hoover, Probably all economies
that might hit the constituencies or
the favorites of any members will be
left for Mr. Roosevelt to put into ef-
fect through the extraordinary pow-
ers which the Democrats propose to
confer on him. In the language of
the street, they are passing the buck.
Senator Bratton’'s amendment to
the treasury-post office supply bill pro-
viding for a 5 per cent cut In appro-
priations, and the Navy depart-
ment's plans for maintaining the fleet
efficiency by shutting down the pork
barrel shore establishments caused a
hurried lineup of the congressional
supporters of the useless navy yards.
But the two propositions put Chalr-
man Carl Vinson of the house naval
affairs committee In a quandary. He
announced he would fight the Iiratton
plan In so far as it concerned the
navy, and if it carried. he would tight
to have the navy yards at Boston.
Charleston and Portsmouth closed
down at once,
§ OMETHING concrete In the way of
* unemployment relief was done by
the senate when it voted to add old
000.000 to the War department supply
bill for 11:34 for the
purpose of enrolling
and training 88.000
homeless and
men in
round citizens’
tary training
Senator Couzens of
Michigan was the
originator of the part
of the plan which is
designed to provide a
food and some
thing to do for a con
part of the
idle
year
mili-
camps.
young
home,
Sen, Couzens
siderable
The
lads be
country.
the
required to
ose received to
and mentally fit
re introduced at
wr David lleed of
bill was
and twenty one
missible provided
they have been
months or more,
£01 ve
arawn.
ran show that
ut work for six
and provided they can meet the C. AM
rementis as to citi-
ent
NVESTIGATION of the election of
John H
Loulsiana by a senate committee that
went to New Orleans
Huey Long opportunity for many char
acteristic outbreaks. and though he
apologized frequently to the commit
tee, Chairman Howell threatened him
with action for contempt
brother, his bitter enemy, and
various other witnesses told of many
instances of alleged corruption, graft
and extortion In loulsiana, and
retort of the “Kingfish” In nearly
every case was “You're a Har"—with
profane trimmings. The charges in.
volved both Overton and long
Overton as senator from
gave Senator
Long's
now
the
APAN
negotiations
Nations In the
had come to an end. T
fice In Tokyo sald it
would offer no further
concessions and woul
stand firmly by its d«
termination to main
fain the governmen®
of Manchukuo, Yo
suke Matsuoka, Ja
pan's able reprezent
ative at Geneva, wa:
given Instructions t«
this effect and told to
withdraw from the
league and return
home as soon as the
league adopted the
report of the committee of nineteen
which reasserts the principle of Chi
nese sovereignty in Manchuria and de
informed the world that ite
with League of
Manchurian dispote
the
Yosuke
Matsuoka
this was formulated by the cabinet
and approved by the emperor.
ernment feels that withdrawal from
the League of Nations will be the turn
ing point In the empire's history. Be
fore the ultimate decision is made, {t
traordinary conference of the council
of elders, the heads of branches of the
Imperial family, all living former pre
miers and other distinguished person
ages,
Meanwhile plans for a general Jap
anese offensive against the Chinese
province of Jehol, which Japan claims
is a part of Manchukuo, were reported
shal Chang's troops. If this movement
apply sanctions ander Article 18 of
could well involve many nations
Ss
dismissal of charges against four
Hawailan youths of mixed blood who
had been accused of attacking Mrs
Thomas H. Massie, wife of a naval
Heutenant. This action was taken
on recommendation of Public Prose
cutor J. C. Kelley, who made public
a report of a detective agency on an
investigation of the case made at the
instance of Gov. Lawrence M. Judd
and Attorney General Harry Hewitt,
® 1933 Westerns Newspaper Union
Washington.—The Important nations
new eran. Historians
New Order in urge that the record
World Affairs of events repeats
itself with amazing
period wherein statesmen have turned
to each other with an appeal, with a
willingness to make concessions and
Such is the perspective that we get
of the next five or six months, With
Creditor America receiving Debtor
England and Debtor Italy and other
debtor nations to talk over the war-
time loans made to them and means
of settling the obligations, and with
the International monetary and eco
nomic conference arranged for, is
But why the debt discussions? And
why the conference of nations on eco
nomic and monetary matters?
The answer is the peoples of the
to remove the barriers and the bur.
dens that hold commerce and industry
with a deathllke grip. Statesmen
charged with official responsibility are
settling to their task, They have re
sponded, as they must, to the public
call. Some observers think the picture
Indicates a new and higher order in
world affairs. It certainly sets down
the year 1033 as epochal
- - -.
United
sistently maintained debts
owed this nation on war
loans are a matter separate and apart
from any of the other world problems
the has been, and is now
being made to apply only to the ex
tent that read) of those debts
would never be considered In the same
with problems
authority doubts the
and
mses of the great
mply that the
disposed to do
States has
that the
account of
While the con-
contention
tment
conference economic
No one in hore
relation between foreign
numerous other pl
depression. It Is si
United Stn
horse trading with her debtors while
they are trying to give us a Model T
Ford In
Senator Borah, of Idaho, stated the
debts
tes Is not
exe re
situati succinctly when he sald he
was willing to concede some new and
easier terms for the payment of the
war debts provided the nations which
owe the money were willing to forego
some of their own selfish purposes in
return. He wants to the war
debts as a club to force cuts In mill.
tary and naval expenditures by those
nations who find it hard to pay their
them by
force of clreumstances to within
thelr Income, and he seeks at the same
time to remove the underhanded and
scheming conspiracies to which so
many of the world powers are ad
dicted,
The debts approximate £11.000.000,
Don Their Influence, therefore, is
quite beyond that of a simple
mitment to pay. It hamstrings the na
tion owing the money: It burdens the
people of that nation, and it is a har
rier to trade because it Involves the
transfer of moneys between nations,
known as international exchange,
. eo »
nae
debits: he wants to compel
live
com
But
tute
the International debts const]
only one barrier. "here are
others, The list is
Impressive: unstable
currencies, fear and
uncertainty, private
debts, disordered government finances
in this country as well as abroad,
trade restrictions laid down to help
pay International and other public
debts, restrictions on exchange so that
there is not a free flow of money be.
tween nations In payment for commod-
ities passing In commerce, falling
prices, and contractzd and disturbed
markets,
The list explains why they must all
be considered together. It explains
why we have heard constantly that the
depression is not a problem peculiar to
the United States. Every nation seeks
to trade with every other nation. If
either one or both parties to the
transaction Is handicapped, just to
that extent is trade slowed down.
The surplus of goods which America
sells constitutes only about 10 per
cent of the total normal output of this
country, yet when that 10 per cent
falls to move into the channels of
trade with other nations, hard times
invariably result. It is easy to see
from the list set forth how that sur
plus which we ordinarily sell 1s
blocked from foreign markets,
Take the trade restrictions, for ex-
ample. Many foreign nations, in fact,
most of them, have established a max.
imum quantity of many commodities
which they permit to be Imported. If
that maximum is half of normal, our
trade has suffered accordingly. The
purpose of such a restriction is to
create a home Industry In that na.
Many Barriers
to Be Faced
and with others In the meantime, add.
ing to the unemployed of selling na-
tions and destroying the markets for
the raw material which those factories
Tariff policies fall Into the same
method, It justifies its course on the
ground that it must protect its home
industries and its labor,
The exchange restrictions are prob
point of view than most of the others
because they fit hand In glove with
the depreciated currency situation Im
many foreign nations, Some of the
nations, because they ylelded to the
impulse to inflate their currencies, to
print more money, have found them.
selves with only a little gold in thelr
hands. Consequently, thelr govern.
ments have laid down rules that gold
may not be exported.
» . .
When an American firm wants to
ship a tractor to the farmer in Hu-
mania, for Instancs, he eannot sell
the tractor because Rumania does not
permit the exporting of gold at this
time, The buyer, therefore, has noth-
ing to use for There is no
gale,
money.
\a * *
A discussion of the influences that
flow from these various barriers could
go on almost end.
lessly, It doubtless
will go on at consid.
erable length when
the representatives of the several na-
tions get together in the forthcoming
international monetary and economic
conference,
That
to test
foreign
of maneuvering
that,
will be evi
Test Nations’
Sincerity
going
erity of a many
There will be plenty
for advantage Of
g
doubt,
conference, however, Is
the si
nations,
great
Relfishy
CR8
he start. The
there is no
from
all
. If any prog-
o that extent
or all of the
conference even altogether,
ress at all Is made,
will
world,
It would be wrong
even a
and means of
and a
debt
to the
there be benefit
that
compl agreement on ways
removing trade barriers
ational
a basis satisfactory
effect
*ly restoring prosperity
The worl
Behind
is this assurance:
* ror?
10 suggest
t
settlement of intern
question on
debtors would have the
everywhere, has been too
however,
» debt con-
sick for that
ference and id econom-
i the monets
are comple failures,
and some of the
Mr,
r. Roosevelt and leaders
ie conference
some of the fear
uncertainty will be removed
toover and M
gress all have sald that one of
needs is a feeling of safe
food and clothes and
ahead,
nlest
ut one's
r in the days
floun-
control
Ix moeratls
i with this new
that has been placed
in their hands, there
is somehow a ray of
ugh the are
dering aroun
Ray of Hope
Appears
hope
the clouds It
going to
surely seems
return to
system of party
through
like they are
old-fashioned
cuses, If they do, they will get things
done, Whether yon
program or not, at
ceed In putting it through congress.
It has been a Jong time since a real
party caucus has been regularly used
in legislative matters In congress,
All of the members of that
legislative
are
congressional
than that.
party in one branch of the
body get together The
closed, There is no
doors
and doings of the Individuals,
ings
for the Individual to play
the benefit of the folks
effectively de.
The result naturally is some.
The
politics
back
gtroyed.
urge
for
home is quite
bers to pledge themselves to vote as
the majority of their members think
best. They bind themselves,
When controversial legislation
reaches the floor of the house or the
senate, after a caucus, the party pro-
posing it can reasonably count on a
fight only from the minority party. It
does not have to battie its own ranks.
- * -
There are many reasons why the
party regularity and
party government.
One of them is that
only by this method can the legisia-
tion be planned on a national scope
If an individual representative 1s not
bound by action of his party In ean.
cus, his breast is bare to the sharp
knives of local interests If a particu.
lar eongressional district is going to
lose a navy yard or an army post be
cause of economy and the party says
that course must be followed, the rep
resentative from that district is pro
vided with a shield by belng bound
The folks back home can be told that
“the party did it, and 1 stand with
the party that elected me”
Another phase Is this: In the last
few years there have been many rep
resentatives and senators elected be
cause they shouted from the housetops
of their communities that they were
individualists. But when they took
their oath of office and entered upon
their duties, they were forced to the
sudden realization that they had to
trade co-operation with the other fel.
low, or 400-0dd other fellows, to get
anything accomplished. In other words,
the party eaucus provides a way out.
At the same time, regular party men
be they Republicans or Democrats,
maintain that a party caucus system
regularly used makes of congress n
national legislative body as distin
guished from a body of legislators In
behalf of Individual communities and
interests,
©. 1913, Western Newspaper Union,
Provides a Way
Out
Howe About:
Henpecking
Credit’s Near Collapse
Actors and Writers
By ED HOWE
HERE may be a suggestion in the
following paragraph to women who
are students of men: 1 do not be
lieve 1 have ever known a man st all
intimately who did not say sometime
during our acqualptance: “There
isn't another man In the world
dislikes henpecking as much as I do.”
In a recent reading of the memoirs of
Sllerius, who lived two thousand years
ago, 1 found this old Roman felt
same way about henpecking; it
who
the
may
it. 1 had a friend who was a
victim of henpecking. 1
as much to him, and
angrier man; 1 won
dered he did not strike me. , . . 1
once
have
but they should at least be
¢
rebellion,
* oo»
Everyone has remarked the frequent
arrests of for
and punishment,
At Atlanta, Ga., the treasurer of
a white Baptist finsic
negro men slight of.
fenses, their severe
mary society,
ng $053,000,
In the next cell was a negro man whe
} four years
had drawn for ch
stealing
ng
For centord
been trying
The
Credit \T,
A160
lives,
and their di 1
Millions of people
the convenient thin
be abandoned thre
Bankers tell an equ
hundreds of thousands
resents a peniten
en another penitentia
itted
good man: 1
far as | can
an Important
should know
more about it than this fellow
He was a nuisance: I had no respect
1, and quick-
knows,
for his attempt to do good
ly disposed of him with 4
with at oth-
scourage-
ment he should have met
er doors,
* ® »
hu-
man experience as there Is, requires
all the judgment a man may acquire.
To throw it away is not
it too long is
Handling a dollar. as com
mon
proper: to
hold onto equally ob-
a dol-
go of it
jectionable. One should acquire
lar like a gentleman, and let
in the same way.
® . .
I wish | had tried to learn to be an
14 If an actor
gives a may he
consoled with the thought that he will
play the same part the following night,
and thus have a chance to Improve it,
«+ » «» But I poor wretch, am for-
ver giving a rough first performance ;
when I write anything, and do not like
it In print, I cannot better It
note the performance of a mu-
sician; he has played the same thing
80 many times he can remember ev-
ery note. No wonder Fritz Krelsier is
good.
actor, instead of a writer,
had
performance, he
Also
* » .
I have long known a very nice wom-
an, and she has been generally ad-
mired. Lately noting a falling off in
her popularity, I inquired around as to
the cause. A woman gave me the best
“She has overloaded me with
her eccentricities, Men do it,
too, so 1 send out a general warning.
Everyone is entitled to a certain num.
ber of eccentricities, and there is al-
damaging grumbling.
. . .
I doubt that Old Soldiers realize the
mean talk behind their backs “I am
having trouble with my stomach due
in eating™ a man
writes me, “but so far have not fol-
lowed the example of a neighbor who
put in a claim to the government, and
now draws a pension of $20 a month,
This man wore the uniform three
months, and was not injured. 1 ®as
years, but still think I would be a
grafter if 1 put in a claim”
- » -
Some say my attitude toward women
is unfriendly. A woman writes me:
“My life is a more useful one because
of you. | suffered most from laziness,
and no one had the courage to tell me
#0. I had nothing to do but pity my-
self, and actually pitied myself into
serious i{liness. 1 was unreasonable
with my good father and brothers: 1
hope and believe they are better satis.
fied with me now. [ cannot see In
you a woman hater,”
.- ® »
1 have great respect for maxims as
they include philosophy, learning, wit,
experience. One of the best is: “Work
hard and behave” Were it not longer
(in a maxim brevity is very important)
“Make the best use of your time"
would be almost equally good
© 1992, Nell Byndioate —~WNU Servioa