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Mason City Globe Gazette Newspaper Archive: October 5, 1936 - Page 1

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Publication: Mason City Globe Gazette

Location: Mason City, Iowa

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   Mason City Globe-Gazette (Newspaper) - October 5, 1936, Mason City, Iowa                                NORTH IOWAS DAILY PAPER EDITED FOR THE HOME THE NEWSPAPER THAT MAKES ALL NORTH IOWANS NEIGHBORS HOME EDITION FIVE CENTS A COPT ASSOCIATED PRESS LEASED WIRE SERVICE MASON CITY IOWA OCTOBER PAPER CONSISTS OF TWO SECTION ONE NO 310 Money Move Is Explained What Stabilizing of Currency Means to World By CHARLES P STEWART ASHINGTON re centlyarrivedat AngloFranco American gentle mens agreement upon an interna tional stabiliza tion of money sounds vastly im portant as Sec retary of the Treasury Henry Morgenthau describes it It is not however easy to under stand in the language he em ploys William Al therton du Puy author of a historical treatise on world coin ages and a recognized authority on tae subject discusses the compact in simpler terms he tuations in values of money as be tween different issues of the differ ent countries is very disorganizing to world trade If the fluctuations were in conformity with one another it would not be so bad But they are not Under postwar conditions where one countrys money has been fluctuating upward some other countrys money has been quite like ly fluctuating in the opposite direc tion Bargaining between nations with these rapid changes going on necessarily has teen difficult to the point of United Now continues du Puy the three countries with the most de pendaole of world currencies are al lied in an attempt to prevent fur ther monetary fluctuation at least among themselves Their combined financial strength may be sufficient to flat ten sut fluctuation generally We shall see Automatic fluctuations due to a countrys losses in war or from some other cause probably are un preventable but some of them are artificial For example we devalued our dollar Not Immediately Felt We announced fiftyone per cent of as much gold as formerly was required to constitute SI now is a full The full effect of this ukase was not immediately felt in the United States but it was felt in foreign markets overnight A fluctuation of the first class England similarly devalued tne quite in the same ratio Fluctuation nevertheless At last France devalues the On Anxious Seat This jiggling up and down of in ternational exchange says du Puy naturally keeps world traders worse than on the anxious seat The A n g 1 oFrancoAmerican dicker seems to imply permanency No more devaluations or other thimbleriggins International Money My own reasons du Puy is that we need an interna tional money on an international basis Gold is convenient because in ternationally recognized but any j real value will do I do not he adds that al countries monies should be merged We should keep the dollar the English the pound the French the franc the German the mark the Japanese the yen and so Gram as Unit insists du Puy we should agree on a unit of value I would say that it should be a gram of gold A gold gram is worth about what our dollar is worth today A de valued franc is worth about one fifth of a gold gram An English pound is worth about five times a gold gram Preserve dollars and francs and pounds and marks and lira but in that proportion EXPECflSHAP TOLL OF Sessions of 25th National Safety Conference Open at Atlantic City ATLANTIC CITY N cidental deaths in the United States will otal about tor 1936 the Safety councils sta GIANTS BEAT YANKEES 54 IN 10 Split Insurgent Army Circling Madrid tigtij bureau calculated Monday at t opening of the twentyfifth Safety conference i be more than death toll and i abTnI the previous high figure re in 1934 the bureau report cj the thousands of industrial Laffic engineers public offi insurance men as they be ir conference which will until Friday night PHON FIGHT CLOSE TO SUPPLY BASE OF REBEL SOLDIERS Wedge Movement Breaks Communications of 2 Fascist Armies CopjrlEht 1936 By The Associated Tress hard driving social ist column battling for the We of the capital the government report ed Monday split the insurgent arc like grip on the city Government troops a ministry ot war communique said pushing westward from their base at Santa Cruz Del Retamar captured the im portant road junction town of Ma queda and fought their way to with in a few miles of Santa Clalla on the road to the insurgent supply base at Talavera De La Reina The wedge movement if correct ly reported would separate fascist forces operating out of Toledo from their comrades to the northwest completely breaking their line of communications Maqueda is the crossroads the MadridTalavera and the Toledo Avila highways and the control point of supplies for fascists in their successful assault on Toledo Turn Across Country Earlier the insurgent controlled radio station at Cadiz reported that fascists having taken Illescas only 22 miles south of Madrid had turn ed across country to Navalcarnero on the MadridTalavera highroad This movement would cut off Santa Cruz Del Retamar from the capital If both reports were correct it meant the accomplishment of one of the strangest double maneuvers in modern military history Two opposing armies by a si multaneous flanking movement would appear to have each cut the others line of communications and in effect be mutually Reports of the Maqueda victory came while Madrid was celebrating the second anniversary of the Octo ber Spanish proletarian revolution New Militia Columns In Oviedo the northwestern pro vincial capital of the Asturias scene of the bloodiest phase of the Octo ber revolt in 1934 an army of miners reached the outskirts of the city unmolested by insurgent col umns from Galicia official reports said New columns of militia for the defense of the capital were reported enroute from Asturias province and from Valencia Ceaseless fighting on all fronts of the Madrid sector brought gov ernment assertions of successes A fierce offensive was launched on Siguenza northeastern terminus of the fascist line about Madrid and farther to the north in the Vitoria sector the government claimed strategic positons were retaken Fascist Attack In the Guadarrama mountains to the northwest of Madrid a fascist attack was repulsed at Navalperal where insurgents have been trying to break through the mountain passes the war ministry said Convoys of food rolled into the capital indicating the gvernment was preparing for the critical phase of the siege Ration cards were issued to con serve food in the face of a shortage of meat sugar milk and potatoes in order that adequate supplies would be assured for the men the government said were under arms in the Madrid area Mussolini Cuts Value of Italian Lira 41 Per Cent 234 Dead Missing Injured in Typhoon That Swept Japan TOKIO total of 234 dead missing and injured persons was registered in official reports Mon day from the disastrous typhoon that swept Japan and Korea over the weekend The reports said 659 houses were destroyed partially demolished or washed away while thousands of others were submerged Hundreds of fishing boats were sunk Railroad bridges were destroyed and crops and vineyards suffered heavily Found In River CLINTON found the body of an unidentified middle aged man floating in the Mississippi river near here His Sweeping Decree Gets Approval of Cabinet ROME Mussolini re duced the value of the Italian lira 41 per cent Monday in a sweeping fi nancial decree approved by the cab inet The new value of the Italian monetary unit was set officially at 19 to the United States dollar and 90 to the British pound although the liras gold content was registered at to the pound The cabinet also approved a capi tal levy on property owners who were required to subscribe to a loan to the extent of 5 per cent of the valuation of their property II Duce in addition ordered new taxes on stock dividends and com pany profits prohibited price rises or increases in public service and decreed a 65 per cent reduction in customs duties for grains and cereals Fixed at Cents The premiers action fixed value of the lira at approximately cents as compared to cents the closing quotation on the New York foreign exchange market Sal II Duce examined the Anglo FrenchAmerican declaration prei ceding the alignment of the franc and declared he agreed with the conception that economic recovery of the world is one necessary con dition for collaboration among peo ples looking toward the communique declared By his action Premier Mussolini the lira back ratio of 90 wfiich he Efs speech Dec 21 1927 as pesaro be fore the Italian monetary unit was stabilized Premier Mussolini set forth the eventual repercussions of the de valuation the communi que continued in describing discus sions at the cabinet session Clarifies Situation With regard to foreign transac tions it devaluation clarifies the situation especially in regard to ex ports and tourist business which will be benefited Only an increase in prices intern ally could compromise these ad vantages but 11 Duce proposed and the cabinet approved blocking some prices by rigorous control and move of others in relation to world The cabinet also authorized changes in import quotas and imme diate elimination of lire exports The cabinet has reconfirmed in the most categorical manner that the policy tending to reach maxi murn economic autonomy will be continued because that is essential to the military ends and defense of the The gold value of the lira was placed at grams for gold fcr each 100 lire The cabinet however declared fluctuations within a 10 per cent limit would be permitted similarly to the policy adopted in French and Swiss franc devaluations Will Be Revalued Gold reserves of the Bank of Italy the cabinet decided will be revalued on the basis of the new lira with the surplus to be placed at the disposition of the treasury Special powers were voted to sus pend restrictions whenever neces sary on movements of capital be tween domestic exchanges and for eign money markets The cabinet decreed especially that for two years rents of apart ment houses offices and other buildings may not be increased nor may increases be made in rates for electricity gas and other public services The government also was given the right to change customs and tariffs in conformity with the new monetary alignment LOOK INSIDE FOR COL DE LA ROCQTIE Disorders Are Staged ON PAGE 2 Mason City High Loses in Des Moines Contest ON PAGE 9 Former Pastor Killed by Bull Near Belmond ON PAGE 8 North Iowa Political Talks Are Scheduled ON PAGE 8 Portraits of Judges Placed in Courthouse ON PAGE 12 M E Appointments in N W Iowa Made ON PAGE 2 Devaluation of Franc Hasnt Been Felt Yet COL 2 EDITORIAL PAGE Fatal Auto Accident Driver Gets 8 Years COUNCIL BLUFFS ence Johnson 20 convicted last week of manslaughter in the death ol Roy W Bogardus was sentenced Monday by District Judge Ernest Miller to not more than eight years in the reformatory at Anamosa Bo gardus suffered fatal injuries in a collision between his car and one driven by Johnson on Aug 11 browns In Pail of Water RED OAK baby daugh ter of Mr and Mrs Roy Martin farm couple living near here drown ed when ahe fell into a pail of water at the farm home LOWDEN TO TALK TUESDAY NIGHT Delegations Will Be Present at Waterloo Auditorium From All Over Iowa WATERLOO Preparations are complete for the address on agri culture to be given by former Gov Frank 0 Lowden of Illinois Tues day night Oct 6 in the auditorium of the dairy cattle congress under the auspices of the republican party In a wire dispatch carried by a number of Iowa newspapers the date was given mistakenly as Oct Delegations from ail sections of the state are coming here for what is expected to be one of the most im portant addresses to be given in Iowa during the campaign Gover nor Landon republican nominee for president is known to have been in closest touch with Governor Lowden a former lowan in the shaping of his farm policies Governor Lowden was Iowas choice for the republican presidential nomination in 1920 1924 and To Serve 8 Years for Shooting Her Husband MOUNT Pearl John ston Mt Ayr housewife left here for Rockwell City to serve an 8 year prison sentence for shooting her automohile salesman hustiand The Iowa supreme court denied her sec ond appeal last week 11 STATES MAKE ELECTION ISSUE OF SALES LEVY Ohio to Vote on Plan to Eliminate Tax on Food for Home By W W HERCHER Copyright 1935 by The Associated Press CHICAGO One of govern ments newest sources of revenue the general sales tax was a cam pagn issue Monday in at least 11 of the 17 states using it to turn pennies into millions of dollars In at least four other states an Associated Press survey disclosed politicians reached for the public pulse as they discussed the wisdom of enacting sales taxes to meet in creased expenditures Referendum elections to deter mine sales tax policies will be held in four of the states next month with the courts of Arkansas asked to give their approval to twothere Candidates attacked and defend ed the theory of the sales tax it self and where they had reached an agreement upon that they argued over what should be taxed and where the money should go after it was collected Amendment in Ohio Ohio voters at the Nov 3 tion will pass on a proposed con stitutional amendment to eliminate their 3 per cent levy on food con Davey proposed the measure asan aid to the poor man Tax experts estimated the state would lose if this portion of the levy were eliminated The 2 per cent sales tax of Ari zona loomed as an issue in the cam paign there Gov B B Moeur father of the tax was defeated for renomination by R C Stanford who favored repeal The sales tax of Utah adopted by democrats under Gov Henry Blood and yielding an nually was made a campaign is sue by republicans who advocated exempting foods and necessities Republicans of North Carolina directed an energetic attack against that states 3 per cent tax on every thing sold at retail except milk They pledged governmental econ omies which would permit immed iate repeal of the tax Democrats defended it but advocated removel of the levy from the necessities of life Brooks Hits Tax In Illinois C Wayland Brooks republican nominee for governor blasted at the democratic adminis trations 3 per cent tax promising its removal from necessities De fending the measure Gov Henry Homer asked his audiences to name an adequate substitute The tax was a minor issue in West Virginia where both parties talked of limiting the 2 per cent levy The sales tax was injected into the Indiana campaign by demo crats who claimed the republican proposal to repeal the gross income tax smacked of a possible transac tion levy Michigan voters will decide in November whether to exempt food from the states 3 per cent sales tax Wyomings tax expiring aur tomatically March 31 1937 was a minor issue In Colorado an amend ment was on the ballot for a 45 minimum old age pension whicn seme groups said would perpetuate the sales tax there Issue in Texas The question of a general sales tax was an issue in the Texas pri mary Ray Sanderford the sales tax advocate in the governors race finished fourth in a field of five Gov James V Allred has announced he would veto a general sales tax if it were passed Louisianas 2 per cent luxury sales tax was a political issue In Kansas legislative leaders have proposed a sales tax to meet the costs of social security legislation relief and state aid for schools but battle lines were not yet formed The 2 per cent tax of Idaho was an issue with a referendum sched uled for November Republicans generally opposed it as a tax on Former Gov Van Sant to Be Buried in Iowa LE CLAIRE Gov Samuel R Van Sant of Minnesota will be buried here Wednesday His body was to lie in state Monday at a Minneapolis funeral chapel High Court Opens Eight Month Term WASHINGTON brief ses sion devoid of ceremony Monday started the supreme court on a new eight month term which is almost certain to see additional new deal legislation sustained or overturned To the accompaniment of a sol emnly intoned Oyez Oyez Oyez by the court crier the nine justices refreshed by a four month vacation filed through three crimson draped doors into the marble columned chamber to admit attorneys to practice before the court and to re ceive motions For the second successive year the customary opening day visit to the white house to pay their res pects wag omitted by the justices on account of President Roosevelts absence from Washington Decisions Nov 9 No important decisions are like ly lawyers said until Nov 9 six days after the presidential election Shortly before the tribunal met Massachusetts filed a brief urging reconsideration of the decision last June 1 holding unconstitutional the New York law establishing mini mum wage law for women The chamber was packed to ca pacity and a long line of persons waited outside when the justices entered Those present included Solicitor General Stanley Reed and Mrs Mabel Walker Willebrandt former assistant attorney general in charge of prohibition enforcement Will Meet Daily For the rest of the week the jur ists will meet daily in their close lyguarded conference room tode cide whether to review approximate ly 350 cases that have been appealed from lower courts Most of these preliminary decisions will be an nounced next Monday Some time during the week the court will visit house to pay its respects to President Roose velt according to long standing custom Recentlyenacted legislation in volved in pending disputes includes the Wagner labor relations act the FrazierLemke farm mortgage mo ratorium law the 1935 emergency relief measure furnishing money for publiclyowned hydroelectric proj ects and the public utility holding company law Securities Regulation Others are the act regulating the securities business the 50 per cent tax on silver profits made before the silver purchase act became ef fective theact authorizing an em bargo on shipments of arms to Bo livia and Paraguay for their Chaco war the AshurstSumners measure to label prisonmade goods and amendments to the railway labor act authorizing collective bargain ing between employes and employ ers Though the average age of the nine justices is only a little less than 71 they all appeared in good health and refreshed from their va cation Six of them are eligible to retire because they have reached the age of 70 and have served 10 years on the federal bench but so iar as is known none of them plans such a step in the near future FORECAST IOWA Generally fair Monday night and Tuesday cooler Tues day and in central and western portions Monday night clear in central and western portions Mon day night clear Monday in west ern section and cloudy In central and eastern sections MINNESOTA Partly cloudy and cooler Monday night Tues day generally fair and cooler IN MASON CITY GlobeGazette weather figures for 24 hour period ending at 8 oclock Monday morning Maximum Sunday 65 Minimum in Night 55 A M Monday 57 Rainfall 52 Figures for 24 hour period ending at 8 oclock Sunday morning Maximum Saturday 68 Minimum in Night 46 At 8 A M Sunday 60 Rainfall 22 The 1936 moisture total Monday morning stood at inches with in an inch of the average total for the full year in Mason City The only trouble of course is that it didnt occur at the right time TERRYS OUTFIELD FLY SCORES RUN THAT BREAKS TIE American League Champions Lead 32 in World Series as Scene Shifts Back toPolo Grounds for Tuesday SCORE BY INNINGS 23 45 67 8 10 RHE Giants Yankees 00000 HE 0 H Play by Play Report on Page 9 By EDWARD J NEIL YANKEE STADIUM New York Ter rys long outfield fly scored Joe Moore from third in the tenth inning of the fifth game Monday to give the Giants and Hal Schumacher a dramatic troublestrewn 5 to 4 victory prolonging the world series The Yanks lead in games 3 to 2 as the scene shifts Tuesday to the Polo grounds The sun pierced a hazy setting as HENRY ULLEN TO SPEAK HERE Former Kansas Senator to Address Meeting on Wednesday Republicans here are making ex tensive plans for a rally to be held at the Y M C A Wednesday eve ning Oct 7 at 8 oclock when an ad dress will be given by Henry J Al len former senator from Kansas Mr Allens standing among re publicans is expected to bring a large crowd to hear him L L Ray mond chairman of the Cerro Gordo county republican central commit tee stated He has had a distin guished career as a newspaper pub lisher and in the field of politics during which he was given a num ber of important assignments During the World war Mr Allen was closely aligned with the Ameri can Red Cross and organized the home communication service of that organization Political Situation By THE ASSOCIATED PRESS HYDE PARK N Roosevelt leaves Monday night for Washington whence he departs later in the week on a western speaking tour TOPEKA Lan don participates in welcome home celebration for Harry Colmery new American Legion head BOSTON Col Frank Knox speaks here Monday night after tour of other Massachusetts cities WILLISTON N tative William Lemke says U S may be drawn into war if Secretary Morgenthau is permitted to gam ble in foreign SPOKANE Norman Thomas says that under socialism each worker could earn about a month Browder calls for unity of forces of progressivism to prevent America from going the road of TOPEKA G Stutz state emergency relief direc tor demands publication of works progress administration records in including payrolls in correspond ence made public by Landon head quarters press section Sees Conservation as Mask for Burglary OSKALOOA N Darling Des Moines cartoonist and former chief of the Federal Biological sur vey said in an address here that I sometimes think conservation re garded as a mask for the burglary of our national He apoke at dedication of Keomaha Lake park the rampant Yankees needing only one more victory to clinch the world scries and the winners share of a record player pool assigned their big right hander Red Ruffing to the job of polishing off the Giants start last Friday The National league pinned their on turn to form by Hal Schumacher the sinker ball expert who was knocked out of the box in his first tsart last Friday After record breaking crowds Saturday and Sunday in the stadi um the attendance fell off sharply for the fifth contest An estimated cash customers were in the stands at game time as compared with the record gathering of Sunday NEW LEASE ON LIFE NEW YORK N AB B H O A E Moore If 2 2 1 0 ft Bartell 1 1 2 2 Terry lb S 0 0 6 2 0 Ott rf 1 1 l o 1 Ripple 2 1 1 2 0 0 Mancnso 0 2 14 2 0 Whitehead 2b 4 0 I 3 4 0 Jackson 0 0 1 1 J Schumacher p 4 0 0 0 2 0 Totals 36 5 8 30 IS S NEW YORK A AB B H O A E Crosetli ss 5 o 0 2 S 1 Rolfe 3b 5 0 2 S J 0 DiMaggio cf 4 0 1 4 0 It Gehrig lb 4 0 J 5 J 0 Dickey c 5 0 I 8 fl ft o o o 0 0 o Selkirk rf 4 2 2 2 0 ft Powell If 4 i i 2 o 0 Lazzeri 2b 3 J 1 3 J ft Ruffing p i o ft 1 2 ft zJohnsoii 1 o 0 0 ft Malone p 1 0 1 0 2 0 Totals 37 4 10 SO 10 1 zBattedfor Ruffingin sixth zzRan for Dickey in ninth Errors Ott Bartell Crosetti jacxson rung oatteo ui Kartell Ripple Whitehead Selkirk Crosetti Lazzeri Terry two base hits Moore 2 Bartell Mancuso Di Maggio homenin Selkirk sacrifices Man cuso Bartell double plays Schu macher to Terry to Mancuso Cro setti to Lazzeri to Gehrig1 Bartell to wmteueaa to xerry Mancuso to Whitehead earned runs New York NL 4 New York AL 3 left on bases New York NL 5 New York AL 9 bases on balls Schumacher 6 Lazzeri Ruffing Selkirk Pow ell Gehrig Di Ruffing 1 Malone 1 Ripple strike outs Ruffing 7 Terry Bartell 2 Ripple Schumacher 2 Malone 1 Schumach er 10 Crosetti S Di Maggie 2 Gehr ig Dickey Johnson Rolfe Powell pitching summary Ruffing 4 runs 7 hits in 6 innings Malone 1 run 1 hit in 4 Innings wild pitches Schumacher losing pitcher Malone Umpires Pfirman Geisel Mager kurth and Summers Time Straus Funeral Tuesday NEW YORK at home and abroad were conveyed to the family of Jesae Isidor Monday as they arranged funeral services for the former amnaisador to France and retired president of one of this largest de partment   

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