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Mason City Globe Gazette Newspaper Archive: February 25, 1933 - Page 1

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Publication: Mason City Globe Gazette

Location: Mason City, Iowa

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   Mason City Globe-Gazette (Newspaper) - February 25, 1933, Mason City, Iowa                                E R M I J I JI fi At T f 0 F 10 A i r i i E3 i A 1 i Jl u I t North Iowas Edited for the Home THE NEWSPAPER THAT MAKES ALL NORTH IO1VANS NEIGHBORS HOME EDITION VOL XXXIX FIVE CENTS A COPY ASSOCIATED PRESS LEASED WIRE SERVICE MASON CITY IOWA SATURDAY FEBRUARY 25 1933 THIS PAPER CONSISTS OF TWO SECTIONS SECTION ONK NO 123 Economics Hull Forte Secretary of State in New Cabinet Authority By CHARLES P STEWART WASHINGTON Feb 25 Senator Cordell Hull of Tennessee who will step Into the secretary of states post March 4 unquestion ably is Americas foremost author ity on econom ics either na tionally or In ternation ally considered As head of the a d m inistratlons d e p a r tment of f o reign affairs he naturally will deal with them during the next four years main ly international ly How ever he has had much to do in shaping domestic fiscal policies Long amera ber the houae Cordell Hull of representa tives ways and means committee in which all taxation measures or iginate he was author of the in come tax system of 1913 of the re vised act of 1916 and of the federal inheritance tax of the same year Expert on Tariff On tariff legislation he is Wash ingtons premier expert The high import levies of recent with other countries imitation of the American system the growth of international ex change inequalities and the erection of a maze of trade barriers and regards as primarily responsible for the world depres sion Only by their removal he argues can prosperity be restored Even though war debts may be satisfactorily adjusted he adds of what avail can it commerce is stitl to be prevented by an im passable wall at every frontier or port As lie urges a 10 per the the in negotiations On Intimate Terms That amove in this direction la to be the Tennesseeans initial tinder taking in his new position there can Turn 1o THRO 1 Column 3 BOSTON RED SOX GLOB PURCHASED Collins Yawkey in Control McManus Will Probably Remain as Manager BOSTON Feb 25 a sur prise baseball deal the control of the Boston Red Sox passed Satur day from Bob Quinn and his as sociates to Edward Trowbridge Eddie Collins famous star of the old Athletics and for the past six years Connie Macks first assistant md Thomas A Yawkey of New York youthful multimillionaire and son of a former owner of the Detroit Tigers Quinn said that as far as he knew Marty McManus would remain as manager of the Sox He said Collins lilted McManus and that the for mer baseball star would not bother with the playing end of the game but would only interest himself In the business end of the club The sale means the passing of Quinn from Boston baseball He has been president and part owner of the Red Sox for 10 years Yawkey is a native of Detroit and is the nephew and adopted son of the late William Hoover Yawkey millionaire lumber and mining op erator Yawkey was graduatec from Yale in 1925 CERMAK RECEIVES TRANSFUSION China Recalls Minister to Japan From Tokio SECOND CITY OF JEHOL FALLS AS ARMY ADVANCES Muto Nippon Military Chief Warns China Not to Resist PEIPING China Feb 2 Chang TsoPin Chinese minister to Japan was recalled from Tokio to night by the national government at Nanking His orders to leave Tokio were forwarded after Chinas delegation at Geneva had recommended that the minister be withdrawn Dr Chang was recalled in De cember 1931 during the early hos tilities in Manchuria but returned to his post after the settlement which followed the fighting at Shanghai 3 COLUMNS ADVANCE By THE ASSOCIATED PRESS The Japanese military command announced the big push to wrest Jehol from Chinese rule began Sat urday and its offensives into the province were increased from two to three Chaoyang second city of Jehol fell and the army in that sector continued Its advance toward Jehol City about 150 miles southeastward Japanese reported using bombing pi anes f or tho vf irst time Chinese reports said ttiey bombarded the rlty from the air for ttifee daya New Advance Launched The new advance midway be tween two main offensives was re ported launched from Changwu to Suitung 70 miles southeast of Kailu the northern offensive oc cupying Kallu 250 miles northeast of Jehol City was reported by the Japanese to have met with no op position A new league of nations commit tee charged with carrying forward attempts to settle the SmoJapa nese dispute discussed a concerted arms embargo against Japan and there were many expressions of approval The Japanese cabinet decided to consider the question participa tion iu the world disarmament eco nomic and labor conferences separ ately from its decision to secede from the league Warns Marslml Chang Genera Nobuyoshi Muto Japans supreme military and diplomatic representative in Manchuria warned the north China military ruler Marshal Chang HsiaoLiang that if he dares to assume an aggressive attitude against the Japanese army the warfare may spread south of Jehol Marshal Chang already has sent troops against the Japanese There are 3000 Americans including 1 322 soldiers and marines in the threatened area JAP GENERAL CHEERS WOUNDED Lieut Gen Jlro Tumon Japanese war chief Is shown as lie visited tho First Garrison hospital in Toliio recently and chatted with some ot the Nipponese soldiers who were wounded while senIng under his command in Manchuria now MnnchuUuo General Jiro was summoned to Tokio to report on military conditions in Manchuria MUTO WARNS CHINA AUNT HET By Robert Quillen I was going to mop the floors today but Emmie the children are comin to morrow an 1 might as well wait an do it all at once CHANGCHUN Manchuria Feb 25 Nobuyoshi Muto the emperors chief advisor to the Man chukuo government and the army commanderinchlcf warned the North China military regime today that if it dares to assume an ag gressive attitude toward the Jap anese army in Jehol the warfare may spread to North China proper Marshal Chang HsiaoLiang North China military ruler 03 an nounced his determination to resist the Japanese in Jehol to the utmost Part of his army has been in the province for several weeks and were believed involved in some of the re cent border skirmishes Mutos Statement General Muto issued the follow ing statement The Japanese army hopes oper ations will not spread outside Man chukuo territory Japan claims Jehol is an integral part of Man but if the North China military regime dares to assume an aggressive attitude against the Japanese army it may be Impos sible to prevent such a spread In which case responsibility will rest with the Chinese Headquarters at Peiping The North China military regime maintains headquarters at Peiping where there are about 700 Amer ican civilians and 544 United States marines There are about 3000 Americans in the entire North Turn to rage 2 Column 2 Committee of 21 Considers Several Members for Placing Embargo on Arms GENEVA Feb 25 new league of nations committee of 21 charged with carrying forward at tempts to settle the SinoJapanese undeclared war discussed with many expressions of approval today an idea for a concerted arms em bargo against Japan The British cabinet when ap proving instructions to its league delegation last Wednesday decided Great Britain could not act inde pendently for an effective arms em bargo on the far east The ministers held cooperation of other countries was essential for any practical Several members spoke with sym pathy of the embargo plan and Capt Anthony Eden British dele ate was authorized to negotiate with representatives of other gov ernments on the committee regard ing an embargo Invitation to U S The committee approved an invi tation to the United States and Rus sia to cooperate with it in drawing up measures for a solution of the Mnnchurian Issue Until the United States and Rus sia both nonmembers reply to the invitation the committee decided to take no definite action regarding any embargo The league will wait patiently for the day when Japan returns Presi dent Paul Hymans ofthe assembly said After the most critical meeting in its 13 year history yesterday the assemblys overwhelming vote of condemnation of Japans military policy in Manchuria was transmit ted to the nations of the world Committee Expanded The original committee of nine teen which has directed the inves tigation of the Manchurian crisis for many months was expanded to include Canadian and Dutch repre sentatives in a new body which will seek cooperation between the mem ber and nonmember nations in the league plan While Japan was preparing to serve notice of its formal with drawal from league membership some time next month league of ficials pointed out this is a long constitutional process Two years notification is prescribed before a complete break Is recognized U S Formally Notified WASHINGTON Feb 25 formal notification of the adoption by the league of nations assembly of the report which proposed that the United States and Russia join the league In seeking to conciliate the differences between Japan anc China was received at the state de partment today while Secretary Stlmsbn was in conference with hia successor Senator Hull of Tennes see ROOSEVELT AND PresideiitEiecti Goal to Be Balanced Budget by July 1 HYDE PARK N Y Feb 25 US new national fiscal policy took shape here today as President Elect Roosevelt called in his secre tary of the treasury William H Woodin of New York A balanced budget before July 1 tre beginning of the governments bookkeeping year is Mr Roose velts aim He is relying principally on economies througji goveramen reorganization to wipe out red ink Revenue collections through beer legislation also are counted Until an accounting of probable ex penditures and collections for the next year js possible any decision on new taxes is unlikely Also the presidentelect wants to see whal Lhe new income taxes produce ai the first quarterly collection on March 15 Optimistic of Business Meanwhile the national business situation including conditions in railroad and banking is also re ceiving attention It is emphasized here that Mr Roosevelt is optimls tic about this Coming here fresh from a parley with Secretary Ogden L Mills the Hoover administrator of the treaa ury Woodin also is believed readj to talk war debts relief and th relation of this question to the na tional financial policy The presidentelect made long strides in his selection of men to fill Important posts at yesterdays parley with James A Farley na tional chairman but there were m announcements Also there wai nothing to say last night about a sudden call here by Mayor Jame M Curley of Boston mentioned fo minister of the Irish free state Mentioned for Ambassadorship The name of Jesse Straus New York merchant continues to be heard in the discussion for a high place He is mentioned for an am bassadorship possibly at Paris o Havana Henry Morgenthau Jr New Yort state conservation commissioner i regarded as the next chairman o the farm board with the job of co ordinatlng all government farm agencies into a working unit There is beginning to be som doubt whether Bernard M Baruch New York financier will head th J erican delegation to the ecnomi conference that now appears im minent Baiuch has beenhesitan about accepting public office Tonight Mr Roosevelt goes u the road a few miles to where old friends and neighbors ar planning a farewell party He wi probably leave here Tuesday fo New York and depart late Thursda for Washington Hotel Manager Dies PHILADELPHIA Feb 25 Horace Leland Wiggins 61 man aging director of the Benjaml Franklin hotel and widely known i hotel circles died today In a hosp tal at Elmira N Y SENATE PASSES U S LAND BANK FARM LOAN BILL ermits Reamortization of Mortgages Over 40 Year Period WASHINGTON Feb 25 The senate today passed and sent to ie house the Fletcher bill permit ing direct loans to borrowers from the federal land banks and author zing reamorUzation by the land anks of mortgages over a period 40 years The measure passed by unani mous consent had the approval of he treasury department Its three principal provisions are That wherever a farm borrower annot obtain a loan from a farm can association the farm loan ioard may authorize the federal and bank to make direct loans se ured by first mortgages May Make Loans That land banks may make loans o liquidate indebtedness incurred rior to Jan 1 1933 and for gen eral agricultural uses Under exist ng law borrowers are restricted under this section to loans to liqui date indebtedness incurred prior to Jan 1 1922 That the land banks with the approval of the farm loan board may amor tize in whole or In part the to amount unpatdunde any mortgage and may accept pay ment over a period of not more than 40 years from date of reamor tizatlon Secretary Mills in a statement recently on the bill said the latter section would provide a useful pur pose At present he said the banks iolo a great many mortgages in connection with which they have been obliged to pay taxes on the jroperty and premiums on fire In surance policies covering the in surable improvements thereon Delinquent Installments Many of these mortgages said Mills also have an accumulation of delinquent installments Due to the existence of junior lens on the property and for other reasons it is not possible in a num ber of cases to refinance the bor rowers indebtedness by making him a new loan In order to per mit such borrowers to retain their lomes it is necessary to spread out the payment of their accumulated ndcbtedness over a considerable period of time and to reduce if jossible the amount of their semi annual installments required By their mortgages ON ROOSEVELT CABINET SLATE Called the surprise member of the cabinet Hint will come Into being after the Inauguration of Presidentelect Roosevelt on March 4 Daniel C Roper Washington D C attorney IH pictured with his wife shortly nfter he had lieuid that ho is to be secretary of commerce In tho new administration Roper was collector of internal revenue during the administration of President Wilson Maryland Banks Closed by Gvvewor s Riietiie Galls Legal Holiday After Big Withdrawals Senator Walsh and Bride Take Plane for U S Next Attorney General Wed to Cuban Widow at Villa Near Havana HAVANA Feb 25 States Senator Thomas J Walsh of Montana who will be President Roosevelts attorney general was married today to Senora Mina Perez Chaumont de Truffin The civil service was performed at oclock this morning with Antonio Millas a notary officiat ing Monsignor Manuel Artegas performed the religious ceremony shortly after 1 oclock this after noon Both took place at the brides villa in the suburb of Marianoa The couple planned to leave im mediately for the United States by airplane BALTIMORE Feb 25 Banks and financial institutions in most of Marylands towns and cities today were closed by Gov Albert C Ritchies proclamation declaring a state hoiclay After heavy withdrawals in Bal timore banks the governor issued his proclamation last night and ac companied it with a statement that he would extend it next week to include Monday and Tuesday Banks in several places did not take advantage of the holiday At Cumberland the states second largest city they were open for business as Usual but officials had not decided about closing Monday and Tuesday The same situation existed at Oakland where the holi day was Ignored Both Cumberland and Oakland nre in the far western part of the state Withdrawn The governors proclamation was interpreted by Atty Gcri William Freston Lane Jr affected banks savings institutions trust compan ies and building and loan associa tions totaling more than 200 in the state as well as the Baltimore stock exchange A withdrawal prin cipally by small depositors from Baltimore banks this week iromptod the bankers of the state to confer at the federal reserve Branch bank last night with Gov ernor Ritchie and state officials The conference was followed by the overnors proclamation and state ment Attorney General Lane immedia tely began with the aid of John J Ghingher recently appointed state Torn li Tnifo z Column G Farmers Leg Removed After Alden Accident IOWA FALLS Feb Klehm 31 living near Alden was brought to Ellsworth hospital here Thursday where It was found neces sary to amputate one of his legs just below the knee He was cutting wood and a falling tree caught one of his feet between the tree and a stump The foot was torn off by the accident He was alone for some time but finally attracted attention and was rushed to the hospital COUZENS BANK BILL IS PASSED Measure to Extend Powers of Comptroller Goes to White House WASHINGTON Feb 25 The senate today completed con resaional action and sent to tho white house the Couzens bill giving the comptroller of the currency the same emergency powers over na tional banks as may be enacted by state legislatures The mcnsure had just been ap proved by the house a few minutes earlier and the senate without de bate accepted the house amend ments making it effective for six monhs with authority to the pres ident to extend it another six months An it passed the senate originally t would have been effective for a ear without the presidential ex ension provision President Hoover is expected to iign the measure without delay Representative Stevenson of South Carolina a democratic mem er of the house banking commit tee explained the provisions of the measure this way Slow assets in a hank would be rozcn and liquid assets left avail able to depositors Depositors would be permitted to draw on their ac counts up to the percentage of iquid assets If a bank were rule 75 per cent liquid they would able to withdraw up to 75 per cent of their deposits He explained that procedure wouid vary in different states de pending on the state laws Will Rogers BEVERLY HILLS Cal Feb lot of you are asking to day Douglas Douglas who In the world is this Douglas that they have appointed night watchman of the budget Well there is one guy I can tell you about I know him He is the only congressman from Arizona Incidentally every state ought to only have one Arizona does better with one than N Y does with 45 Douglas is a mighty able young man a great grandson of Stephen W Douglas Douglas Arizona was named for him The budget is amythical bean bag Congress votes mythical beans in it and then tries to reach in and pull real beans out Yours WILL ROGERS Copyright 1033 McNaviBhl Syndicate CHICAGO MAYOR MUCH IMPROVED BY TREATMENTS Oxygen Administered to Ease Breathing Pint of Blood Given BULLETIN MIAMI Fin Feb 25 Doctors Frederick Tice and Karl Moyer announced at p m that Mayor Anton J Cermalts condition Is more promising now MIAMI Feb 25 Fred i erick Tice of Chicago said at 3 p m today that Mayor Anton J Cermak of Chicago was definitely better siuce oxygen treatments and a blood transfusion of a pint oT blood was pumped into his veins The transfusion was virtually completed when Tice came from the sick room He said the doctors had decided upon a very slow transfu sion as the best means of prevent ng unfavorable reaction The pulse climbed from 108 to i 20 the respiration was 24 and the temperature 100 Pian Second Transfusion There probably will be another transfusion later today or tonight Dr Tice said The blood given today was taken from the veins of Dr R S Moseley of Montgomery Ala an Interne at the hospital 1 never have been completely downhearted Dr Tice lid but I am more encouraged now Immediately upon the transfusion the Increase BloodIBloiv The transfusion was decided upon to increase the blood flow and give Cermaks heart a better basis upon which to work Dr Karl A Meyer said One pint of blood was given It was the first transfusion Today also was the first time the doctors had resorted to oxygen as u means of relieving respiratory strain Ccrmak readily agreed to the oxygen Dr Tice said PresidentEIect Roosevelt called by telephone this afternoon and Ed ward S Kelly chairman of the South Park Improvement Board of Chicago related to Mr Roosevelt there had been a pick up In Cer maks condition after the trans fusion Farley Jamei A Farley chairman of the national democratic committee telegraphed inquiring about the mayor At p m Dr Meyer an nounced the transfusion had been completed and that there now can be no unfavorable reaction from theiJtransfuBion During tlie night Dr J W Sny der said Cermak at times was semi conscious and that he appeared to be in a sort of daze After an examination today how ever Dr Tice said the patient was fully conscious Gather at Hospital Members of the Ccrmak family gathered at the hospitnl again dur ing the morning They maintained a watch outside the sick room until last midnight The physicians abrupt departure from their apparent satisfaction last night with the patients condi tion gave rise to speculation among Mayor Cermaks friends at the hos pital along the line that his sinking spell of yesterday had Norwegian Ministry Resigns ExPremier to Form Government OSLO Norway Feb 25 Premier Jans Hundseid and his jovernment resigned today and former Premier Mowinckel accept ed the kings invitation to form a new cabinet He was asked to form a coalition government but it was understood that ho probably will set up a ministry of the radical party retaining for himself the ministry of foreign affairs CLARK QUITS AS MEXICAN ENVOY WASHINGTON Feb 25 President Hoover today accepted the resignation of J Reuben Clark ambassador to Mexico effective immediately Tun 1 cnhmm 1 IOWA WEATHER Fair Saturday night und probably Sunday slightly cold er In northeast portion Satur day night Klslng tcmpcrnture Sunday LOCAL STATISTICS GlobeGazetto weather figures for 24 hour period ending at 8 oclock Saturday morning Maximum Friday 41 Minimum In Night SJt At 8 A M 33 WEEKLY FORECAST CHICAGO Feb 25 outlook for the week beginning Monday Feb 27 For the upper Mississippi and lower Missouri valleys and the northern and central great plains Probably one or two precipitation periods some indications of colder weather especially over north por tions by middle week   

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