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Mason City Globe Gazette: Tuesday, June 27, 1933 - Page 1

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   Mason City Globe-Gazette (Newspaper) - June 27, 1933, Mason City, Iowa                                COUP J J E a KS MEW A pEPT OF fFS MOINES North Iowas DAILYPAPER Edited for the Home THE NEWSPAPER THAT MAKES ALL NORTH IOWANS NEIGHBORS HOME EDITION ASSOCIATED PRESS LEASED WIRE SERVICE MASON CITY IOWA TUESDAY JUNE 27 1933 IBIS PAPER CONSISTS OF TWO SECTIONS SECTION ONE NO 227 Frank Talk by Couzens Michigan Senator Same at Home or Abroad By HERBERT PLUMMER ASHINGTON June 27 CSV Washington ob servers familiar with the out spoken and frank manner of Sena tor James Couz ens of Michigan were not sur prised when they read how he had demanded of the other members of the American del egation at the London economic conference that they unite on a definite policy Its Couzens hahit to speak his mind where and whenever he chooses As a matter of fact nearly every body seemed a bit surprised when Couzens announced that he had ac cepted President Roosevelts invita tion to go to London as a member of the American delegation They couldnt figure out why he would want the job It couldnt have been that he was attracted by the social advantages the position of fered He doesnt care for that sort of thing and never has Independent Abroad The only reason the senator him self ever gave publicly for deciding to go to London was his statement that he wanted to widen his knowl edge as to his principal interests finance distribution and production He is rated an independent among independents in his political think ing And party concerns have not held him in line when he has been in disagreement with the leaders He looked with favor on Roose velts bid for the presidency last year and he supported the presi dents legislative program put through during the special session It was perhaps because of this that Robseveit turned to him with therequestthatlie gctYto London alter Hi ram Johnson of California and Young Bob La Follette had declined the offer More Yet Maybe More probably will be heard from the Michigan senator in London be fore the conference is over His out burst of the other day In which he is represented as having told the American delegates that if they couldnt agree on a definite plan of procedure they might as well pack up and go home would Indicate that hes taking his job seriously i Once get Jim Couzens aroused over a situation and usually some thing happens Witt of Davenport Is New Iowa President of Order of Eagles CLINTON June 27 Witt of Davenport was elected state president of the fraternal order of Eagles at the annual convention here He succeeds J N Lichty of Waterloo Davenport and Sioux City have issued invitations to the state aerie in 1934 The next convention city was to be chosen today Thomas J ODonnell of Kansas City a representative of the grand aerie the principal speaker at yes terdays session emphasized the importance of the drive in Iowa for old age pensions and expressed the hope that the old age pension bill now pending would be called up for action at the next session of the state legislature Judge A B Duncan of St Jo seph Mo who also is representing the grand aerie spoke today on the growth of the order He said there are i8283 members in America a gain of 2024 last year AUNT MET By Robert Quillen em out to the kitchen wasnt polite may be but callers ought to have more sense than to stay on when its time to start fixin supper BRITISH RESIST GOLD BLOC MOVE Dollar Wheat Reached and Passed at Chicago CLAIMS 100 MORE CAN WORK IN COTTON MILLS Sloan Urges Approval of Textile Industrys New Code WASHINGTON June 27 Embarked on the tremendous ex periment of lifting wages and re ducing working hours federal ad ministrators of the industrial recov ery law heard from the textile in dustry in their first hearing that the code of fair competition presented would make jobs for more than 100000 now idle George A Sloan president of the cotton textile institute made the estimate in an exposition the agreement reached by more than twothirds of the textile operators The increased employment if realized would raise to 515000 the number at work on spindles and looms in north and soutb Enhance Buying Power With a throng listening intently in the expansive department of commerce auditorium Sloan sjiid application of the minimum wage a week in the north and a dollar less in the would greatly enhance the purchas ing power of all the workers af fected Sloan predicted that within 60 to 80 days after adoption of the proposed code child labor would be eliminated from Without mentioning the tariff by name he made it plain the textile industry would expect to be pro tected from foreign competitors against possible loss of markets because of increased costs resulting from the code Johnson Applauded Hugh S Johnson dynamic ad ministrator of the law was ap plauded at the opening when he hailed the hearing as of historical significance In response to a question from Johnson Sloan said the idea was that by fixing a minimum wage that would be paid it would be un economic for employers to hire children in their plants when they could obtain older employes for the same pay Johnson said that if such wore the fact there should be 10 objec tion to a provision that would wipe the question out Depositors of Kuhn and Loeb Listed Otto Kahn Questioned in Senate Probe of Bank Firm WASHINGTON June 27 The names of 37 corporations en gaged in interstate commerce with deposits of more than 550000 with Kuhn Loeb and company were placed before the senate investiga tors inquiring into the financial set up of the New York concern The investigators also were given evidence that 15 such corporations had total deposits of 12891901 with the banking firm at the end of 1931 Just previously balance sheets for the years from 1927 to 1931 in clusive were presented along with a copy of the partnership agree ment under which the firm oper ates List Corporations The total number of corporations with deposits in the banking house and the aggregate at the end each year from 1927 to 1931 fol lows Total JTo of Corpora tlonl 14 17 18 19 524151503 559703040 531245707 Year Ending 1927 1928 1929 1930 Otto H Kahn senior partner In Kuhn Laeb and company testified that the chief business of the giant concern was with corporations Talks in Dialect The noted art patron a native of Germany satin his chair sidewaysr and talked in a distinct dialect under questioning ny Ferdinand Pe cora the Sicilian born committee counsel Only the first two of seats reserved for spectators in the im mense hearing room were filled as the investigation into private bank ing was picked up where it left off I 10 days ago with the inquiry into I J P Morgan and company Coal Mine Operators of Iowa Study Code for Ruling Industry DES MOINES June 27 Conl mine operators of Iowa con tinued today their discussion of the standard code for regulation of the industry under terms of the indus trial control act which was sub mitted to them by a committee of representative operators from eight states The Iowa group tentatively approved the code and were today discussing details of its application MERCURY STOPS UPWARD CLIMB Reaches 98 at Noon Then Drops to 94 Two Dead in Iowa After reaching 98 degrees at noon Tuesday in Mason City the mercury stopped its upward climb and by 2 oclock had Jropped to 94 This followed a morning in which the temperature at 8 oclock 82 was the highest this summer Waterloo reported a 95 at 1 p m Lois Ann Poppe 8 daughter of Mr and Mrs John Poppe near Dav enport died Monday night after be ing overcome by the heat while playing Cedar Rapids with the mercury at 98 reported its first heat death of the year Frank Blazek 79 died of acute dilation of the heart caused by the heat Coroner R A Vorpahl said 107 In South Dakota HURON S Dak June 27 The highest of the season was recorded here Monday when the mercury reached 107 at 3 p m The record Is 1085 established in June 1931 SHOT FIRED BY DEPUTY SHERIFF Coroners Jury Says Officer Was on Duty When He Killed Blackwood OSKALOOSA June 27 coroners jury today found that Gerald Blackwood 23 of Eddyville wounded by liquor raiders came to hig death from a shot fired by Howard Allgood while the lat ter was on duty as a deputy sheriff Blackwood was wounded the night of June 16 when he came upon Allgood Oskaloosa police chief Sheriff Frank Hook and Deputy Fritz Van Genderen as they were about to destroy a still on an Island in the Des Moines river near Eddyville The youth said he had gone to the island to fish According to the officers Blackwood made a motion toward his hip as though reaching for a gun when he came in sight of them Blackwood was found to be unarmed after he was wounded The coroners jury was composed of L M Bacon Clarence Powers and Howard Wilcox Will Rogers SANTA MONICA Cat June you read this fellow Hugh Johnsons statement He is the dictator o this new re covery act It sounded awful good and It made sense Instead of letting a big concern take all the money they make build a bigger factory why just give the workers a little more the stockholders a little more and just keep the factory you have I have heard a lot of this fel low Johnson Barney Baruch thinks he is one of our most able men He must DO on the right track I see where some of the big Industrialists are kicking on him already Well the president couldnt have appointed a wet nurse for any more needy group of people than the big ones Yours WILL ROGERS Copyrlsht 1033 McNuught Syndicate THOMSEN MADE HEAD OF LEGION IN 4TH DISTRICT Elkader Man Chosen by Veterans in Spirited Election CHARLES Cirr June a spirited election contest here this afternoon Thomas Thomsen Elka der was elected fourth district com mander of the American Legion to succeed Wesley G Henke Charles City The nominating committee brought In a list of three names for the commandership Mr Thomsen Fred Logeman Manly and Dave Lynch West Union On the first ballot the standings were Logeman 79 Thomsen 60 and Lynch 28 On the runoff vote Thom sen nosed out Logeman 86 to 83 Both Vice Commanders Both Thomsen andLogeman have been district vice commanders dur ing the past year Other officers elected Vice Roberts Floyd Paul Kehoe Manchester and Herman Thompson Waukou Adjutant and finance officer Frank Christian Decorah Paul LaValette Rockford Mr Christian a district vice com mander for the past year succeeds Forde Lee Clear Lake who has been adjutant for two years District Chaplain j LaValette has been dis trict chaplain during the past year Resolutions adopted included one in which the veterans administra tion was asked in all cases involv ing veterans to give the disabled man the benefit the doubt Another resolution urged the re turn of a larger percentage of dues to the district organization and asked the return of 20 cents in stead of 10 cents as at present to the district organisation out of dues Drum Corps Parade The program oi the evening fol lowed the parade which started from the courthouse at sunset and marched through Main street past the postoffice The streets were lined with thousands of persons in cars and on the sidewalks to view posts from the 12 northeast coun ties and their bands including drum corps from Mason City and Elkader the little German band from Elgin Decorah and Cresco post bands and the Charles City high school band Local Boy Scouts clowns perform ing and a miniature Little Brown Church brought by the Nashua post added interest to the marching groups Registration at the Elks club with an estimate of the visting dele gations brought about 600 visitors to the city Opens With Invocation The evening program opened with an invocation by Father LaVallette Rockford and address of welcome by Mayor W K Carr Legionnaire of Charles City King Palmer of West Union gave the response after which the prominent guests were in troduced Eight short speeches were given by the past and present state officials interspersed with selections by the male quartet which had sung from the Little Brown church float In the parade yodeling by Jim Pow ers of Independence and solo by Inez Ellisonof Nashua accompanied by Mablc Prudhon A horse play tap dance was given by Joyce Bird and Lorraine Foley accompanied by Pauline Miller of Charles City At the close of the program number of men stayed to enjoy a smoker and songfest Predicts Corrections E L OConnor attorney general Hanford MacNider former national commander Robert W Colflcsh past department commander B A Webster past department com mander R J Laird department adjutant Frank Miles editor of the Iowa Legionaire and the newly elected district commander were Turn to poKc 4 cntumn G Body of Unidentified Man Found in River CLINTON June 27 body of an unidentified man was found floating in the Mississippi river near Princeton today by three youths in a canoe The man appear ed to be middle aged having short black hair and little clothing The condition of the body indicated he had been dead for some time FOR HOUSEWIFE The job of Frederic Clcmsnn Howe New York attorney author and economist Is to sco that tho consumer of fnrm products doesnt hear the brunt of commodity price increases expected from new farm legis lation In Washington He has begun work In tho department of agriculture Associated Press Plan Statement on Program for McArthur One of Group to Confer With Wallace at Des Moines DBS MOINES June 27 Members of the Iowa cornhog con ference committee declared they would issue a statement late today concerning their plus The committee composed of Os car Heline of Marcus Ralph Moyer of Fairfield George Godfrey of Algona and R M Evans of Laurens conferred this morning with Henry A Wallace secretary of agriculture and were to spend the afternoon working on plans for administration of the federal farm act to corn and hogs State Senator William McArthur of Mason City also attended the morning conference Urge Trade Agreements Members of the committee in in formal conversation this morning declared that Iowa farmers would benefit most from the farm act by making trade agreements for imme diate improvement of hog prices and reduction in both corn and hog pro duction and marketing for the com ing season Secretary Wallace returned home to ask questions and not so much to answer them he indicated in the cornhog conference and in other meetings today The youthful secretary who spent yesterday attending to his person al affairs visiting his mother Mrs Henry C Wallace and reviewing work on his farm north of Des Moines was noncommital about the sharp rise in grain prices He pointed to the discrepancy between prices of hogs and corn as proof of the need for planned pro duction in the future The price of corn is too high in comparison with hogs selling below a hundred weight he feels Prepared to Act The administration is prepared to act on the cornhog problem as soon as the farmers have indlcatc their desire to cooperate and havi presented a workable program This phase of the agricultural recover program is admittedly more compli cated than those concerning whea and cotton he feels hut added that he was optimistic that success obtained with the latter two prod ucts will also attend the govern ments efforts with Iowas chief source of revenue The farmers of Iowa have in dicated that they really want some thing done about corn and hogs and that they have been consider ing the problems confronting the administration Wallace said Asks Set of As he passed from one conferenc to another the secretary asked each group shall we levy a processing tax If we do should we also levy a tax on competing meats such beef mutton poultry and possibly even sea foods Shall we use funds collected from a meat tax to finance reduction of corn acreage Will processing tax cause a temporary Turn to page 4 column 1 GAINS 7 CENTS CORN ALMOST 4 IN WILD TRADING Marker Collapses from Strain of Trying to Keep Up CHICAGO June 27 vheat was reached and passed on he board of trade today in one of he wildest sessions seen since the var Sensational advances which reached a maximum of more than 7 cents a bushel in the last few mln itea of trading carried the Decem er delivery to cents a bushel and the May delivery to Wheat rose more than 7 cents a bushel yesterday The market was a series oC wild swings Sharp advances were fol owed by heavy profit taking sales vhich were in turn supplanted by wild rushes to buy again The swings backward never amounted 0 much more than 2 cents a bushel and each advance was to new high round for the year Marker Collapses Quotations on the blackboard were far out line with those in the pits as the markers worked des perately to keep step with the mad ly rushing market A minute be fore the close while the market was making another swing from the extreme high a marker col dapsed from the heat and fell on the catwallr along the walls So grea was rush or business and S busy were his comrades that the man lay where he had fallen for several minutes before aid reachec him The huge trading room is re frigerated but activity was so heavy the man collapsed from sheer exhaustion The wheat market showed a maximum advance of 7 cents a bushel at the peak but this was shaved to 5 cents at the close Al the finish two deliveries the De cember and the May were both above the dollar mark December at 5100 with May at BarJey Up 8 Cents Barley registered the greatest gain of the day with a flat jump ol 8 cents a bushel December going from 5612 cents at yesterdays close to 64 at the opening today Two cents of this was lost before the close at Corn soared almost 4 cents oats 3 cents and rye a little more than 4 cents December corn reached a pinnacle of 64 cents and closed only li lower at December oats were close to half a dollar at 48 rents but closed at 4714 Dollar exchange weakened Ster ling jumped to a new high at 428 Tnrn lo pngo 4 rnlnmn 2J FLIGHT COMMANDER Gen Aldo Pellegrini IH one of tho two commanders of the ilect of Italian plnnes which planned to fly from Italy to Chicago Associated Tress Waterloo Unemployed Show Up for Relief Work Despite Threat WATERLOO June 27 pite threats of a group of unem ployed men Monday that no more county work would be done unless food allotments were increased the full quota of 100 men listed for road and maintenance work Tuesday was on the job WHEAT PARLEY TO SIT TIGHT Will See What Happens to Crops Before Deciding on Pact June 27 one of the bigfour chief dele gates called an act of providence has so altered the wheat situation that the conferees decided today tc wait until crop prospects arc bette manifested before approving or dis approving a plan to restrict whea acreage Prime Minister Ramsay MacDon aid in an hour long discussion o the problem with the leaders o big four delegations asked foi and received information as to thi near breakdown of the negotiation at the morning session of the con forces The big four are the Unl ted States Canada Australia am Argentina When he received information concerning the rise in the price of wheat on world markets presum ably because of adverse crop re ports Mr MacDonald professed sat isfaction with the progression of the negotiations A conference of representatives of tho big four broke up after being in session for an hour Stan ley M Bruce of Australia told the representatives of the United States Argentina and Canada that three Australian states were ada mant in their opposition to the re striction scheme Mr Bruce himself is most willing he declared to work out some plan whereby Australian adherence to the project could be assured but he commented that the difficulties of his position could not be mini mized US POSITION ON GOLD DEFENDED BY MREYNOLDS rench Lead Attempt to Force Europeans to Stabilize LONDON June 27 PI Great Britain was understood in wellin ormcd quarters this evening to ave refused to commit herself to a ew European gold bloc acheme un er which British and continental urrcncies would be stabilized irre pective of the desires of the United States In responsible British circles this nove headed byFrance was des ribed as an effort to split England and America so that they would be mabie to deal independently on sta illlzation England It was stated wants to keep her hands free so that she can leal directly with America on sta bilization when the proper time omes Britains position at the moment herefore Is that she ia sitting light Meanwhile gold bloc bankers vere meeting again late In the day to consider what new move they could make to force stabilization McUoynolds in Defense Representative Sam D McReyn ilda addressing the commercial pol icy committee of the world economic conference today struck back at charges that the United States had gone nationalistic He asserted monetary stabilization should be undertaken by all nations rather than only three or four The Tennessee delegate spoke in a private meeting bulUs Charged With Embezzling FORT MADISON June 27 TV P C Chltwood former manager of the Anthese hotel was charged with embezzlement company He since June 17 by the Boss Hotel has not been seen West Virginia California Vote on Dry Law Repeal Contest in Mountain State Has Center of By THE ASSOCIATED TRESS West Virginia and California voted Tuesday on prohibition repeal The contest In the little mountain state overshadowed in interest the fight in the big state on the west coast West Virginia has been dry 20 years longer than the nation It is the first state with strong southern traditions to vote on repeal Therefore both wets and drys re garded the vote as a pivotal one prohibitions foes labored to the last minute to get out a strong vote its friends conducted meetings many prayer F Scott McBride superintendent of the AntiSaloon league said that if West Virginia voted nay repeal would be blocked lenders of the United Repeal council predicted victory by 50000 to 100000 drys also predicted triumph California voted its own prohibi tion law into the discard last No vember Fourteen states have voted to date on repeal all in favor of it In Texas both weta and drys moved to prepare for the repeal bal loting Aug 26 they called conven tions for Tuesday at Austin to se lect slates of delegates for and against repeal New York Ratifies ALBANY N Y June 27 W President Roosevelts home state of New York ratified the congression al repeal of the eighteenth amend ment today with the declaration by former United States Senator Elihu Root that there are no 33 states there will he no 13 states that shall undertake to stand up against the overwhelming voice of the whole people of the United States much commebi v cles particularly because took an opportunity to dive into home politics Mr McReynolds who is chairman of the house of representatives for eign affairs committee agreed with foreign spokesmen that the Ameri can tariff net of 1930 was unjust and he explained It wns a republi can measure Representatives of the central banks of France Switzerland Hol land and Belgium met secretly to perfect plans which Involve forcing Great Britain to stabilize along with continental countries Will Defend Gold From this meeting came a decla ration by one of the conferees that gold would be defended to the last ditch Many ovservcrs expressed the opinion that this scheme is in ef fect a challenge to President Roose velts price raising program which he gold bloc members maintained would force a depreciation of their currencies and would he disastrous The bankers decided this morning to ask the Bank of England to make a declaration to the effect that It would not be in Great Britains interest to see continental currencies depreciated Hrltlsli Sit Tight Meanwhile the British were sit ting tight regarding their attitude but it was learned that n repre sentative of the Bank of England was conferring this morning with Leon Frazer president of the Bank of international Settlements The situation simmered down to this according to well informed con ference circles Success or failure of the gold hloc program depended on Great Britains decision The latter was faced with the alternattve of joining to maintain the present level of currencies and helping to keep France and other gold standard countries on that basis or of deciding to form an AngloAmerican monetary alliance Turn to pane 4 rnlumn 4 Wea IOWA WEATHER local showcnt or thunderstorms Tuesday night or Wednesday except genernl iy fnlr Wednesday In west por tion not tin warm Wednesday In northwest portion LOCAL STATISTICS GlobeGazette weather figures for hour period ending at 8 oclock Tuesday morning Maximum Monday 99 Minimum In Night fifl At 8 A M 82 Th warmest morning temperature this season was registered at 8 a m Tuesday The mercury mounted to 98 at noon and then dropped to 94 at 2 oclock   

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