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Mason City Globe-Gazette (Newspaper) - August 9, 1929, Mason City, Iowa North DAILY PAPER Edited for the Home OL XXXV FIVE CENTS PER COPY AND MASON CITY DAILY TIMES ASSOCIATED PRESS LEASED wmB JOWA FRIDAY AUGUST HOME El iumvYO SERVICE NO xRP STOCK MARKET TAKES TUMBLE STRONG WINDS SPEEDING GRAF OCEAN TRIP Zeppelin Well Ahead of Schedule on Way to Home Port By THE ASSOCIATED PRESS The dirigible Graf Zeppelin on the first leg of her historic world flight was more than half ie Atlantic today while I for feverishly tor her arrival The air liners exact course was j somewhat in doubt but from all in i dfcations she seemed likely to reach I her home port late Saturday night I or Sunday morning I Dr Eckener in a message regret I img his inability to fly over Berlin Pon Sunday Informed the ministry communications he hoped t reach Friedrichshafen on Saturday I The two latest messages on th position at two and thre clock this morning eastern stand pard time indicated that the shi Tjhad swung in a northwestly di rection and had flown westward be 30 and 40 miles May Be Avoiding Storms At Friedrichshafen It was tho Dr Eckener either was avoid local storm areas or that tin Ttessages were misinterpreted n yerything thus far received pointer a good fast voyage Vhile the conditions were gener weather reports in fog banks ahead and uu winds betweenthe Azores aa officials believed that thi swinging as fai OS London would heac haight across northern France in der to reach Friedrichshafen by he shortest route were being made for departure of the round the world TOTAGE 8 COLUMN 2 iOMrroBAR USE OF RIFLES Agents May Still Use Revolvers Says Chief WASHINGTON Aug 9 Commissioner Doran today he was preparing to bar use of rifles by prohibition taents m several communities iNo change is contemplated how m sparsely settled districts riflesare necessary for pro A on of the agents fhe said no general would be issued but he would Will Rogers BEVERLY HILLS Aug 9 Say have you been reading these articles that Mrs Mabel Wille brandt is writ t n g Ifyou j havent you are are missing something Mr Coolidge in his last article hopped on the lobbies at Wash n g t o n Now Mabel tells how prohi bition is linked with politics Its too bad our system of e ti d n t al everybody to speak the whole truth while they are in office A high class bootlegger makes friends wicu a politician before he does with customers In fact that was one of the first big mergers big money politics and bootleggers Yours WILL 50 NORTHWEST IANKFDC PSOC nlifiLild ULUu 2DAYSESSSON LINDBERGH DISPUTE City Men Attend Conference to Discuss New Methods MINNEAPOLIS Aug lrl ty Northwest Bankers today ended a twoday conference called by J C Thompson vice president and general manager of the North vest Bancorporation to discuss operating and new business meth ods The meetings held in the direc ors room of the Northwest Nation al bank were addressed by leading xecutives of the bank and its affil ated Institution the Minnesota oan and Trust company as well as epresentatives from other leading anks in the Northwest Bancornora ion group In the opening address 1 Decker president spoke of W IN LAST ON SHIP Standard Oil Tanker in Pushed Away From Oil Laden Docks NEW YORK Aug 9 One man was killed and 11 injured in an this morning aboard the Standard Oil tanker William Rocke feller at anchor off Bayonne N J he tanker a flaming torch was pushed by tugs away from the oil docks and toward the lower bay in New York harbor The detonation was felt in Staten Island lower Manhattan and all dong the New Jersey waterfront Burning oil was spread over the Tpusa the matter by correspond Me with his administrators to say what reasons his decision oran said his decision still would mit agents to use their service nmunmes the Iatimer Club Meets Aug Latime fk club met Thursday afternoon the park west of town refresh nts were served by a committee ladies AUNT HET By Robert Quiliea Td rather see a girls riees showin than to see fer pullin at heiskirt con Ian t Jike she couldnt get er mind off her legs c Lilt great constructive force which the Bancorporation will exert in the orthwest and of the service which his group of banks will be able to ender to their respective communi les because of being associated in ne central group with mutual aims nd mutual interests Group banking is sound if the units which compose it are sound and well managed and I am proud of the fact said Mr Decker that every bank in this group is in a sound and healthy condition J C Thomson vice president and general manager of the Bancorpor ation spoke upon modern and up todate bank operating methods and pointed out that if we as bankers to the great northwest are to take a leading part in building up this territory wemust be ready to render a complete and compre hensive service to each community served by our banks Thc successful banker today HIP water thru which tugs attracted to a clear passage to rescue the 11 in jured of the crew r The vessel one of the largest of thc carriers of the New Jersey com pany carried a crew of between 30 and 40 men The fate of the other members of the crew was not Im ascertainedbut it was be lieved several of them if not all the unaccounted for were ashore must do more than accept deposits and make loans He must be able to take over and manage estates and trusts of a kinds finance industry and be aual ifled to recommend sound invest ment securities to his customers Out of town bankers attending TURN TO PAGE 8 COLUMN 1 Legislative Group to Investigate Tax System of Nebraska DBS MOINES Aug 9 her investigation of taxation sys ems of neighboring states will be onducted by the Iowa legislative act finding committee on taxation and revenue next week The body will leave Sunday for Lincoln Neb where it will confer with Nebraska officials Monday Tuesday it will go to Topeka Kan to study ths taxing methods of that state Senator C F Clark Cedar Rap ids is chairman of the commtttne Louis H Cook chairman of the Iowa board of assessment and re view mnv nlwn mnlrp fha ER CITY CLERK ARRESTED Marshalltown Man Accused of Embezzling of in Court Funds MARSHALLTOWN Aug 9 R B Grimes clerk of the Marshall town municipal court for nine years is under arrest at Dallas Texas charged with embezzlement of court funds Grimes defeated for reelec tion in March moved to Dallas Checkers working on the hooka in the office since early in June re ported an alleged shortage of at least 51500 The information against Grimes was signed by May or A C Conway Grimes attorney said today he had received a telegram from the former clerk saying he would return without extradition papers Grimes has a wife and three small hildren Firing Heard Along Border in Manchuria Aug 9 to Rengo news agency from Man chull Manchuria said the sound of heavy bombardment from the direc tion of ilatsievskaya had been heard since 7 a m The inhabitants were much alarmed It was believed here however to be no more than a soviet demonstration Matsievskaya is located in Siberia just across the western Manchurian frontier and about 15 miles west of Manchuli Rengo agency dispatches from Manchuria said there had been a soviet artillery demonstration at Pogranichnaya at the eastern ter minus of the Chinese Eastern rail way The government had received neither official nor unofficial re ports regarding the allaged fight Ing however Altho the press dispatches indi cated an increasingly threatening situation official sources were in reported as baseless rumor The for eign office denied knowledge of re ported orders for Japanese nation als to laave the troubled airea Reports of breakdown of negotia tions out of seizure of the Chinese Eastern railway were not regarded seriously since as under stood here the negotiations have been simply long distance telephone conversations by which the Chinese plenipotentiaries have endeavored to Inltate conversations with soviet representatives The Russians were understood to have declined contending they could not open any negotiations until the status quo had been restored on the railroad FEARFQRTHREE SWISS MOTORS Trio Unreported at Lisbon First Stop on Flight to New York LE BOURGET France Aug D for the safety of three Swiss aviators who left here yes terday afternoon for Lisbon on the first leg of a transAtlantic flight to New York were felt among of ficials at the airfield today Pilot Kaeser Navigator Tschopp and Mechanic Luscher who have been flying only since 1027 planned to dare the difficult westward cross ing of the Atlantic despite their few years of experience in flying Nothing has been heard of them since they left late yesterday after noon for Lisbon which they should have reached early this morning No French radio station reported their passage or landing and It was learned from Madrid that they had not been reported at Lisbon Offi cials here assumed they had stopped in some small town for fuel or per haps had been forced down in a ured QUARTET HELD AFTER ROBBERY AT ELK RIVER One of Group May Have Looted Gilmore City Bank DSD RIVER Minn Aug 9 half hour after the First National bank of Elk River was robbed of in currency three men and a woman were captured as suspects by highway patrol police today One was wounded The capture followed a 15 minute automobile chase The number of the automobile In which the men fled from here tal lied with that of the machine In which the suspects were riding The man wounded gave the name of August Becker and said his home was In Iowa The two other men and women refused to give their names The bank was robbed after three men spent more than two hours at the home of Dr E A Page Entering the home at 6 a m they informed the doctor and his wife of their in tention to rob the bank They waited for two hours until T M Olson cashier of the bank passed the house Mrs Page was ordered to invite him Inside Two of the bandits then drove Olson and the doctor to the bank while the third member remained gujyrdjng Mrs Page at thehomp After roljfiinEthe bank the ban aits threatened to do bodily harm to their two prisoners if the two assistant cashiers gave an alarm be fore they had time to escape Tlie robbers then left with Dr Page and Olson who were taken to the Page home and released there The third PROSECUTES SNOOK Press Pbolo John Chester Jr Columbus Ohio county prosecutor is lead Ing tho states forces ns Dr Jomos H Snook Is tried for slaying Theora Hix his coed paramour bandit joined the other men they fled from town and dined to discoun much of what was p3 hd down reported as baseless nrnior fnr P ut communlca of Carter Lake to Be Probed ST LOUIS Mo Aug 9 apt Alva H Day will arrive at Omaha Saturday morning to In vestigate condition on Carter lake near Council Bluffs on orders from he federal government Captain Day said he does not know the rea on for the investieation Harbin dispatches to Rango said was reported from Vladivostok the far eastern commander of soviet forces there had issued a manifes to exteremely belligerent in tons to the Russian people lion facilities Soviet Plane Lands After 3Hour Flight NOVOSIBIRSK U S S R Aug soviet airplane Land of the Soviets landed here at oclock this morning after a threehour flight from Omsk It was intended to reach Kranoyarsk today on the MoscowNew York trip but the machine landed here for tech nical reasons Krassnoyarsk is about 775 miles due east of this city The Land of the Soviets or Strana Sovietov arrived here at p m yesterday from Moscow where it left at a m Omsk The distance was 1368 miles After Krassnoyarsk It is expected the plane will stop at Irkutsk and Chita E CUSTOMS AGENTS Prosecutor Questioning Man Whose Yacht Officer Boarded DETROIT Aug 9 M Heath aboard whose cruiser Rich ard J Sandlands federal prohibition agent is believed to have fought be fore his death in the Detroit river early Saturday was arrested at he Michigan central station by special customs agents this morning as he stepped from a Chicago train Hf was taken to the district attorneys office for questioning Heath a Detroit elevator me chanic and skipper of the cruiser itlaxme had been missing since Sandlands disappearance His body was found in the Detroit river Wednesday According to Heaths storv Sand lands boarded the craft and began a search without properly identify ing himself In a struggle which ensued both men fell overboard Heath swam back to the craft and saw no more of the agent he said Two Employes of U S Bank Held in Theft Case NEW YORK Aug fl employes of a branch of the Bank of the United States were arrested to day charged with conspiring in the theft of more than 100000 from the bank Those who saw the bandits said they did not see a woman in their company May Bo Iowa Bandits DBS MOINES Aug 9 ffi Risen head of the state bureau in vestigation took steps this after noon to ascertain whether Augus Becker captured at Elk River Minn after a bank robbery is the man by that name who participated n a robbery of the Gilmore City xchange bank last May of the ouartfll who SNOOK CLAIMS HE DIDNT CUT GIRLS THROAT Defendant Reiterates His Van A3tne his wife and two children prisoners overnight be thc n They are Frank Melvin and Ray Salman Harold Ball the fourth member of the party Is m the state pentcntlary for his Wrc in the crime Leland Mail Carrier Hurt by Pitch Fork DELANO Aug 9Whle assist ing H D Branstad with haying on Wednesday afternoon Horace O Haagenson the rural mail carrier No 2 thrust a pitchfork nto his hand was unable to take the mail on Thursday The route was served by the substitute carrier Cross Examination rOURTHOUSE COLUMBUS Ohio Aug 9 the lash of a relentless cross examination Dr James H Snoolc again today took the jury In his first degree murder trial thru the Intimate and tragic details of his last tryst with Thcora Hix tho medic coed he slew last June 13 Prosecutor John Chester de manded an elaboration of the ac count told yesterday in direct exam ination and at one time assumed the role of Thcora Hix while he and the defendant demonstrated to the jury just what happened at the time of the killing and immediately BILLION LOST TO INVESTORS IN BIG CRASH Boost in Rediscount Rate Causes Panicky Liqui dation MEW YORK Aug 9 Wids 1 open break in prices which car ried scores of issues down 5 to nearly a share was Wall streets response today to the unexpected In crease from 5 to 6 per cent in the New York federal reserve redis count rate The market opened weak rallied briskly before the end of the first hour turned heavy again around midday rebounded in the early afternoon and then succumbed to a renewal of selling pressure In the late trading with final quotations in many cases around the lowest of the day Total sales crossed the share mark for the first time since last March Commercial Solvents dropped a share Auburn Auto 52650 general Electric 20 International Silver American Telephons 15 and Atchison Weatinghouse Slectric American and Foreign ower Allied Chemical American Can North American and Ameri can Power and Light all recorded extreme losses of 510 a share or more U S Steel Common which ias been setting new high records almost daily for the past week or more fell more than a share and showed little recovery Industrial Rayon was one of the few stocks to move against the gen trend advancing a shanTto before Repeats His Denials Dr Snook repeated his denial that he recalled cutting the girls throat the fact on which the state depends to substantiate its charge of pre meditation which is necessary Cor a first degree murder conviction Chester charged Dr Snook with having admitted duing the question ing that preceded his arrest that he had cut the girls throat to relieve her sufferings after he had beaten her head with a hammer Dr Snook denied t and Cheater replied Then if we say you did wo arc s Yes you are Dr Snook re sponded Prosecutor Chester In his cross examination followed closely to tho questions put to Dr Snook while TURN TO PAGE 8 COH7MN 2 liars Great Britain Likely to Quit Hague Confab t i Snowden Refuses to Down on Debt Pay ment Stand BULLETIN THE HAGUE Netherlands Aug 9 political com mittee of The Hague repara tions conference this afternoon referred the thorny question of establishing nn allied invisible control commission after evacu ation of the Rhlneland to a sub committee of jurists Tho sub committee will report Tuesday THE HAGUE Aug 0 i tion of British demands by other nations participating here in the conference of the governments on reparations and departure of the British delegation for home was ac cepted generally in conference circles today as an inevitable de velopment of the next day or BO It was regarded as certain that the finance committee of the con ference would either tomorrow or soon after reject thc resolution of Philip Snowden hoar of the British delegation for a subcommittee to revise the Young reparations plan In the three days just past Mr Snowden who is chancellor of the exchequer in the new British labor government has affirmed so pos itively his governments intention not to accept a lessened share in the distribution of German repara tions that recession from his stand was considered highly improbable and hardly possible Attitude Is Firm The attitude of the other nations concerned notably France Italy and Beligum was Just as firm in the opposite direction These nations held the Young plan should be ac cepted without alteration as it stands now that while not perfect it represented the best possible ar rangement under the circumstances Meanwhile members of tho other delegations considered how to keep the conference alive without the presence of the British It was poy sibtc it was aid for the remainder of the governments to go ahead without Great Britain effecting a separate agiecmsnt with Germany TURN TO iAGE s Todays decline which was one of the worst ever experienced in Wall street wiped out more than a Dillon dollars in quoted values Sim ilar declines took place In all the other leading securities markets In the country Break at Chicago CHICAGO Aug 9 Swamped by a rush of selling orders following the raise in the New York reserve rate prices on the Chicago stock exchtuiga paralelled the New York market with sharp breaks today Middle west utilities fell off 11 to open at 389 and went steadily down to 375 at oclock Grigsby Grtmow opened 20 off at 220 but rallied to 225 Chicago Corporation commoo broke 5 and Insull Utilities dropped nearly 8 il Body of Unidentified Man Gangland Victim Found Near Chicago CHICAGO Aug f body of a man well dressed severely ueaten and shot five times VM found on a roadside near the drain age canal in Lyons southwestern suburb early today The victim presumably of gangland execution rs was about 28 years old IOWA FORECAST Partly cloudy Friday night and Saturday possibly thunder shoivcra In southeast portion t not much change In tempera ture LOCAL STATISTICS GlobeGazette weather figures for 24 hour period ending nt 8 oclock a m Friday Warmest Thursday R Coolest In Night GO At 8 A M Friday 73 North Iowa is thinking of Li veather now in relation to thresh tig On that basis Thursday could only be listed as perfect The rnax mum temperature of 87 was the lighest yet recorded in August but t was 7 degrees under a maximum recorded on five days in July
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