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Mason City Globe Gazette Newspaper Archive: June 15, 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) - June 15, 1933, Mason City, Iowa                                V t i MO IOVA I NES North Iowas DAILY PAPER Edited for the Home VOL XXXIX FIVE CENTS A COPY ASSOCIATED PRESS LEA3BD WIRE SEHVlCB NEWSPAPER THATMAKES ALL NORTH IOWANS NEIGHBORS HOME EDITION Cant Please All of Them CapilaVsSpokesmen in Industry Plan Irk Liberals MASON CITY IOWA THURSDAY JUNE 15 1933 THIS PAPER CONSISTS OF TWO SECTIONS SECTION ONE NO 217 By CHARLES P STEWART ASHINGTON Juae 15 President Rooge velt ia under stood to be re conciled to the notion that ad vanced liberals will not be par ticularly pleased at first with the men chosen to represent cap itals side in dustrial readjust ments under the new economic re covery law The president does hope that liberals will be satisfied with labors represen tatives anu that they will come to like capitals spokesmen better a little later The fact is that the white house tenant does not believe it would be possible to find a sufficient group of individuals to serve presant pur poses from the ranks of the coun trys large employers who would not by progressives as more or less reactionary in their views The long and short of it is that the employers are mostly con servative that is the idea Never theless they must be represented the reorganizers cannot be work tinE groups in midafternoon ingmen alone Consequently it is the presidential policy to take what is available if the capitalistic ele ment from the lack of much else unavoidably is predominantly con servative in its makeup the labor elementmust offset it Few Liberals COX MADE HEAD OFMONEYGROUP AT LONDON MEET Hull More Hopeful of Real Progress Than Ever Before LONDON June 15 United States achieved a great and hard won victory in the world eco nomic conference with the election of James M Cox as chairman of the vital monetary committee by the steering committee late today The designation of the American was unanimous His name was pre sented by the Frenchman Georges Bonnet who had himself been a candidate Bonnet had bitterly op posed Coxs election until a com promise was effected among war ing groups in midafternoon Apposition to the American had been based on grounds that the chairman should come from a gold standard country Jung Vice Chairman Finance Minister Guido Jung of Italy was given the vice chairman j ship and M Bonnet the French fi There are of course a few great nanoe minister was elected reporter employers who consider themselves conference liberal but it is difficult to hit on Prime Minister Hendryk Colijn of one of them whose real liberality is Holland who had been suggested as admitted by political ultraliberals William C Proctor of Proctor and Gamble and President Gerard Swope of the General Electric for ex HOUSE DEMOS BACK PRESIDENT France and Poland Default on WarEtebts t am ON TRIAL IN McMATH KIDNAPING jllst as certainly In the Hght of faddists than as labors friends in the category with men like Prof John Dewey the La Fol lettesV Donald R Richberg and Ed ward Keiting The executive mansion apparent ly does not quarrel with this atti tude of the workers but its thought seems to be that such folk as Dewey the La Follettes Richberg and Keating are not of the employ ers alignment anyway if included in the reorganization program at all theymust be included as of the workers faction Swope Reconcilable Swope on the other hand his name actually is mentioned as one of those slated by the administra tion for a place on the capital and labor advisory committee under the new Is seen as an employer who at least will not be of the ir reconcilable type in shaping plans for industrial reconstruction to the joint advantage of both parties to whatever bargains are made Some critics to besure contend that far too little consideration has been given to the consumers inter est The Rev Dr John A Ryan di rector of the National Catholic Wel fare Conferences social action de partment and one of the countrys foremost economists notably has called attention to the fact that the public evidently has been almot en tirely overlooked by engineers the rehabilitation task of Farm Bureau Band on Way Home From Fair CHICAGO June 15 Southern Iowa Farm Bureau band of fiOO pieces was enroute home to day after playing a second concert at the Century of Progress exposi tion DEVELOPMENTS By ASSOCIATED PRESS The world economic confer cnce forged ahead today with these 4 1 The United States won a victory with the election of James M Cox as chairnjan of the important monetary com mittee 2 Stabilization the dollar aid British pound for the dura tion of the parley was looked upon as virtually accomplished as the dollar steadied to about to the pound 3 Secretary of State Hull was more hopeful of substantial progress than ever Irefore as a result of the days developments 4 Senator Key Pittman hail ed the acceptance by the United States of in silver on the British debt as the greatest encouragement to the intrinsic value of the metal ever announc ed Kenneth and Cyril Buck charged with the kidnaping of Margaret McMath 10 Harwich Port Mass are shown in custody of officers as they were taken to court during their trial in Barnstable Mass The state charged Kenneth kidnaped he child from her school and with the aid ol his brother extorted 560000 from her wealthy father Neil C McMath Loft to right Deputy Sheriff Howlund Cyril Buck Kenneth Buck and Deputy Sheriff Bassett iAssoclatcd Press Photo Deny of President a compromise chairman of the monetary group was elected to head the important economic com mittee With this happy outcome of the imbroglio Prime Minister MacDon ald of Great Britain and other members of the steering committee from the private room where they met to the assembly hall to break the good news to the general assembly MacDonald Shows Humor The elevator in which the entire party was descending got stuck and for some time delayed proceedings Mr MacDonald and the steering committee were stalled in the ele vator for 10 minutes before they were finally released Mr MacDonalds dry Scotch hu Tura to Page 8 Column 6 AUNT BET By Robert Quillen Ever jfamily needs one black sheep sos therell be somebody that aint too proud to take care o the old folks MATTERN FLIES TOWARD NOME Battles Against Elements That Once Before Made Him Turn Back MOSCOW June 15 Mattern was on his way to Ameri can soil today battling with ele ments that once before had caused him to turn back from the Siberia Nome leg of his world flight This time he had the assurance that better weather conditions lay ahead on the 2500 mile jaunt from Khabarovsk Siberia to Nome Alaska and expert advice on the best route He left Khabarovsk at p m Moscow time p m Wednes day E S T Absence of reports about him was taken by friends here as indicating things were going better than on Tuesday when bad weather forced him to return to Khabarovsk eight hours after start Ing the transpacific lap Before he left he talked things over with Boris Lukht a Russian iviator who ia considered an author ity on flying conditions in the area Mattern will cross James Roosevelt at Relatives Home After Fire RYE BEACH N H June 15 IF family of James Roosevelt son of the president was staying at the home of relatives today as the result of a fire which forced them to move from their summer place Flames which started yesterday In an upper story gained headway before firemen from Portsmouth Rye Beach and North Hampton could bring them under control Al though part of the furniture was carried from the 15 room house by firemen and servants damage from flames and water was estimated at 55000 Not in Danger Mrs Roosevelt and her 14 months old daughter Sara Delano Roose velt were not endangered Roose velt hurried here from Boston where he is in the insurance busi ness and it was said they would go to the summer home of Dr and Mrs Harvey Gushing of Boston Mrs Roosevelt is their daughter After tlie fire there was a report denied from the white threats had been made to kidnap the child that a secret service agent had been assigned as a result of the threats and that the fire might have been Intended as a screen for kidnapers Report Not Tnie Stephen T Early presidential secretary said at the white house that James Roosevelt had called his father and declared there was absolutely no truth in the report The presidents son telephoned a denial to New York saying re ports of any kidnaping threats are simply crazy and without the slight est foundation It is true he said that a secret service man was sent to the house but it was purely a coincidence I was making ready to join my father on his cruise up the coast and the agent was assigned to the house be cause of my impending absence WANZER HAS BAD LUCK IN TRYING TO GET DOOR OPENED MILWAUKEE June 15 day Mural Wanzer wears a uni form and stands In front of a hotel opening automobile doors On his day off he decided to see how the other half lives So he rented an automobile drove up to hotels and had his door opened many times There was one dis heartening experience He drew up beside a uniformed figure and shouted Lets have a snappy job of door opening boy But this uniform wore a star and Wanzer was fined on a charge lot being drunk and disorderly RAILROADS WILL GUT WAGES AGAIN Ask Labor Representatives to Meet Executives on July 12 CHICAGO June 15 icas railroads today notified their union employes an additional cut of 12V4 per cent cent in wages will be made next Nov 1 Announcement made through the railway associaton said in effect that tlie previous temporary reduc tion of 10 per cent would be made permanent and additional 12V per cent cut would be imposed The tbtal slice in pay would be per cent from the basic wage Officials of the employes associa tions have announced flatly the union workers would not accept such a cut The railroads asked that repre sentatives of the union employes meet in conference with them in Chicago July 12 as provided by the National Railway Labor act to dis cuss the proposed cuts Although not touching upon their own financial conditions tha rail roads said the proposed adjustment would bring the wage rates of rail way workers more nearly in line with the living costs and with rates paid in other industries The an nouncement pointed out that al though wages have been reduced 10 per cent effective until next Nov 1 there has been no permanent reduc tion in the basic rates Employes Invited to Look at Firm Books AURORA HI June 15 ployes of the Aurora cotton mills numbering about 250 were told they could go over the companys books to see that everything possible was being done for them This an nouncement followed a 16 per cent wage increase which restored in part cuts which totalled 40 per cent during the financial recession Quizzed in Robbery of Bank at Bussey KNOXVILLE June 15 Authorities here were to question Joe Mella of Perahlng held in the county jail in connection with the robbery Monday of the State bank of Bussey Mella surrendered vol untarily after officials had sought him for two days He is not under arrest FINLAND IS FIRST OF US DEBTORS TO PAY IN FULL Italy Follows Lead of British With Part Payment WASHINGTON June 15 France and Poland defaulted again today on their war debt install ments to this government while Great Britain arranged to pay 000000 in silver on its 575950000 due and Italy tendered about a mil lion dollars on its obligation of 545000 Barring changes late in the day Finland was the only nation to meet its obligation in full paying The British ambassador Sir Ron ald Lindsay discussed the method of payment with Undersecretary William Phillips the department of state He also was understood to have takenup plans for early open ing of diplomatic negotiations on the debts here looking to the reduc tion desired by Great Britain Details Not Heady After the conversation the am bassador told newspapermen that details of arrangements for the payment oE in at 50 cents an not been completed but he assumed the pay ment will be made in the United States A not telling the Paris govern ments decision not to make its pay ment of 540738568 was by Ambassador De taboulayeS vV Ambassador Fatek of Poland called with a similar message Both vFrance and Poland close diplomatic allies defaulted on pay ments due last December Their communications today reiterated the attitude expressed then which was that debts should be scaled down to the level of reparations Eye on Congress Meanwhile the administration kept its eye on congress for any further outbursts of disapproval at the debt developments Regular rei publicans yesterday accused the ministration of breach of trust while democrats and ndependent re publicans defended President Roose velt With a Belgian default of 56425 000 already announced the major installments due were accounted for Czechoslovakia owing and Rumania owing had yet to notify the state department of 1 final decision although indica tions were that both would offer payment In part All partial payments are to be received as was that of Great Britain with the understanding that hey are an acknowledgement of the validity of the debt as a whole pending a final settlement Italy Offers Million Notice of Italys part payment was brought to the state depart ment by Ambassador Rosso He said his country was offering about a million dollars Previous indications iad been that the Rome govern ment would meet its inttrest pay ment of and let the re maining principal payment lapse 20 Enjoins Iowa From Taking Millions Judge Declares Law Unconstitutional Allowing Loan DES MOINES June 15 Iowa was enjoined from borrowing 20 million dollars to release public funds in closed banks today by District Judge Loy Ladd Judge Ladd held the law under which the moneywould have been borrowed to be unconstitutional The case probably will be re viewed by the state supreme court at this term F C and J W Hubbell brought the suit aa a friendly test action They asked a temporary injunction to prevent the executive council from issuing and selling public fund bonds Violate Constitution Their petition alleged that issu ance of the bonds would be a vio lation of the state constitution be cause it authorized creation of an indebtedness of the state in excess of payable from tax levies beyond the current biennium with out submitting the question to pop ular vote Of the 520000000 the money would be used to release of state sinking lund public deposits tied up in closed banks and those under receivership and would be used to take up outstand ing anticipatory warrants on the which were due May 3i Will Levy ed i by the mill jh0p erty tax wouldbelevied for 193334 tc take up interest and payments After that period State Treasurer Wegman said he thought the in terest from the sinkingfund would absorb the interest and yearly ma turity Negotiations for the proposed bond issue were carried ut under an act passed by the 1833 general as sembly PENSION EXHIBIT A Senator Cutting of New Mexico with Peter 1 Reno veteran of tive major World war battles who was of fered as exhibit be fore the senate in the light against proposed cjita in veter ans payments Reno whose heart can be seen palpitating through a cavity In his back had been removed from disabil ity list by Veterans Bureau Minister Davila of Rumania Phillips with a note say ing his country would not meet Its myment of Rumania laid last December but requested revision M Davila said the note today re newed that request and asked for specific date on which such a review could be undertaken Meanwhile it became apparent that Yugoslavia like Rumania would default 10 MILLION SILVER LONDON June 15 or of the Exchequer Chamberlain announced in the house of commons last night that Great Britain has paid the United States 10 million iollars aa an acknowledgement of he debt installment due tomorrow and that President Roosevelt ac cepted it without prejudicing the freedom of either government In subsequent discussions The British payment was in sil ver at 50 cents a fine ounce Great Britain had obtained silver for the myment from the government of ndla Mr Chamberlain told a crowded house It Hoped for Delay was revealed that Great Britain had hoped until a few daya ago a total postponement of to morrows debt payment would be possible following upon Prime Mln Tom to Pare R Column 2 ADMITS PART IN BOHN KIDNAPING Former Nora Springs Woman Sobs at Her Trial in St Paul ST PAUL June 15 hysterically Mrs Fern Sankey ad mitted in her kidnaping trial today that she knew Haskell Bonnhad been kidnaped and was being held for ransom in the basement of her Minneapolis home She made the admission under questioning by County Attorney M F Kinkead who is prosecuting her in district court on a charge of complicity in the kidnaping of Bonn who was freed last summer on pay ment of after a waeek in captivity After testifying that she had pre pared breakfast for young Bohn in the home Mrs Sankey nearly col lapsed in the witness chair Her counsel and relatives rushedto her side and helped her as court recessed at noon Questioned byher attorney Ben jamin Laska of Denver Mrs Sankey said she was born in Nora Springs Iowa and married Sankey 19 years ago Will Rogers BEVERLY HILLS Cal June has been break Ing his neck to get congress off the Potomac before Thursday the day the debts were He was afraid to have em there when the bad news arriv ed He was afraid they would commit suicide See where some American heiress gave aa her reasons for marrying one of this mesa of Mdivinis that he was smart cute amusing interesting and hangs around all the time Sounds almost like the recom mendation of a good setter pup Everyone at London Bays something must be done and It looks like it will be us Yours WILL ROGERS Copyright 1933 McNaught Syndicate overnirieril 250 Millions by Processing Taxes Wheat and Cotton Levies to Be of Maximum Size at First By BOY F HENDRICKSON opyrlslit 1S33 br The Associated Frtst WASHINGTON June 15 UEV The administration intends to raise by processing taxes on wheat and cotton which it will levy at their maximum size in a bold irogram aimed to better long range farm prices by cutting down pro duction The governments plans provide Jiat mostof the sum will be used o reward farmers who agree to re luce their output in concert with the federal drive to halt the piling up of surpluses long a price de ressing problem for growers of the two chief cash crops of the United States Approved by Roosevelt President Roosevelt has approved program devised under powers provided by the new farm act which Secretary Wallace will make public tomorrow A comprehensive curtailment program will e launched immediately for cotton o take out as much as 10000000 acres of the crop now growing No effort will be made to cut pro ducticn of the wheat now nearing larvest Winter kill and bad wea her have cut the prospects for this crop down to approximate domes tic needs for the first time this century Although there is expected o be a carryover cf about 360000 100 bushels on July 1 beginning of he new market year The wheat program however is to be put Into effect on fall planting Hns Completed Details Wallace has completed details of xjth programs except for a few elements still open One subject to change is the exact time the taxes vlll go into effect He Is authorized y the farm act to levy them at the beginning of the crop year for each commodity That would be July 1 n the case of wheat and Aug 1 n the case of cotton Both rpay be delayed until August The tax on cotton in expected to be four cents a pound that on Turn to PARO 8 Colnmn 0 jirl 5 Dies Saving 3 Year Old Brother NEW YORK June 15 o the list of heroines the late Kuhner 5 She saw a big clothes icle swaying above her brother Jenry 3 as he played in the yard Rushing to Henry she pushed him ut of the way just as the pole fell t killed her VOTE TO UPHOLD COMPROMISE ON VETS BENEFITS EmergencyAppropriation Bill Approved by Senate WASHINGTON June 15 conference of house democrats voted 171 to 31 today to sustain President Roosevelts compromise on veterans compensation in the ally of the house of representa ives itself which scheduled soon to ensue President Roosevelt meanwhile discussed alternatives at the white louse with the two republican au hors the amendment that is more expensive than the course ad vocated by him What he had to say to Cutting of New Mexico and Steiwer of Oregon was known only 0 the three Has Veto Ready It was known Mr Roosevelt al ready had a succint veto prepared and he was believed on the hill to ie deliver t ia person to a joint meeting of the two branches The house met but an instant at 10 a m and recessed for the dem ocrats to gather There was to be an effort to reach a vote in the house by late afternoon Ignores Veto Warning The senate lastiiight passed the SteiwerCutting amendment 51 to 30 despite the warning of Senator Robinson of Arkansas democratic leader mat such a coursemeant veto by President lowaBtwo publicanvqted for til the president Steiwer estimated the substitute veterans plan would cost S8000 000 more than the houseadminis tration compromise which he set at The senate today adopted the con erence report on the 53600000000 emergency appropriation bill and sent it to the white house The louse approved it yesterday Largest in Peace Time Largest peace time money meas ure on record it carries funds to tart off the big Roosevelt emer rency reconstruction program in ludlng to be raised y a bond Issue for public works ndor the industrial bill and 00000 for the governments share n the bank deposit insurance fund nder the GlassSteagall bill It also provides for ubscrlption to preferred shares in ederal savings and loan associa tions under the home owners loan ot for subscription to the aid in surplus of federal land banks nder the emergency farm mort age act for the farm edit act revolving funds and 00000 for payments to federal and banks to meet reductions in in eresC on farm mortgages The report was approved without record vote NATIONAL HEAD OF G A R DIES Captain Wright Found Dead in His Bed at Hotel in Pittsburgh PITTSBURGH June 15 Capt William P Wright of Chi ago national commander of the 3rand Army of the Republic was ound dead in bed in a hotel today He was 88 years old In Pittsburgh to attend the an iual encampment of the Pennsyl vania department of the G A R Captain Wright addressed a gather ng of veterans and auxiliary orga izations last night He is a past commander of the Illinois department of the Grand rmy STre IOWA WEATHER Fair nnd warmer Thursday night nnd Friday LOCAL STATISTICS GlobeGazette weather figures for hour period ending at 8 oclock nhursday morning Maximum Wednesday Ifl Minimum in Night 53 At 8 A M   

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