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Mason City Globe-Gazette (Newspaper) - October 7, 1936, Mason City, Iowa NORTH IOWAS DAILY PAPER EDITED FOR THE HOME HOME EDITION Slash Rates of Interest Private Companies Lose Business to Government FIVE CENTS A COP ASSOCIATED PRESS LEASED W1MI THE NEWSPAPER THAT MAKES AU NORTH IOWAN5 NEIGHBORS M Aamj TQWA WEDNESDAY 1936 THIS PAPER CONSISTS OF TWO SECTIONS SECTION NO 312 By CHARLES F STEVVABT WASHINGTON friend of mine owns a house on which there is a mort held by a i g insurance company Upon this mort gage he has been paying 5 per cent interest for about a dozen years at the sametime making instal ment payments on the principal periodically he had had to effect renewals at a charge of 15 per Dubuque Oelwein Des Moinesto See Roosevelt COLD INCREASES WAR HARDSHIPS 1 another renewal will advance cent On Dec be due The other day well in of Dec 1 he received a cation from the concern It was to my friend a very gratity with this was the communications purport We will not charge you the usual per cent for the renewal Compelled to Cut Moreover henceforward we wil charge you on your mortgage at the rate of only 4 not o per cent How come rauw My friend surmises that his in surance company is compelled to cut its rates because of tbe petition ne bette compelled com nf the new deal loaning he will from the government on bette terms than the companys and tn company will lose a customer Its lovely from my standpoint my mortgaged acquaintance what must be the the insurance company and shareholders Government interference in busi neNow I am not trying to mak out an antinew deal case as ma have appeared thus far Interest TooHigh government is domj an excellent thing in depressing ra terest rates Some good authorities including several very conseryativ ones can be cited to the effect tha thev have been to high Editor Thomas F Woodlock the Wall Street Journal is one In the very nature of his jo Editor Woodlock is a spokesman fo big capital He is recognized as such la he a conservative Why President Coolidge once appointe him to a place on the commerce commission 1mm whic he presently resigned and wen back to the Wall Street Journal on the it was currently talked m Washington that the late Calvin was too radical for him Cause of Depression I hae heard Editor Woodlock ar gue that Americas recent depres Sion probably was due largely to ex cessive interest charges The increase in the country s na tional wealth he said has been tothing like so rapid as we have as sumed Considered on a compound ed interest basis a highly arith metical process he estimated that has not exceeded per cent m ASSOCIATED PRESS LEASED W1M1 PRESIDENTS SON DENIES CHARGE Presidential Candidates Work on Campaign Talks F R to Make Will Depart on Sneeches at Omaha Campaign Tour of Lake States SEEKS TO BLOCK Lowden Not Sure of His Next Move Socialist Defenders Seek to Block Advance of Insurgents Cupyrisht 1930 Uy The Associated Pre8 MADRID socialist defenders fought bitterly Wednesday to block a concerted drive by fascist nsurgents along crumbling defense ines west of Madrid Blue with cold the harassed gov ernment troops engaged insurgents n vicious encounters unaware of a ascist artillery flanking movement south of Navalperal which might squeeze them between two attacking forces Unceasing attacks in the sectors around Avila at the top of the west ern line and near Santa Cruz del Retamar on the Maqueda Madrid highway prevented the wearied socialists from gaining much needed rest Cold and Steel as well as steel brought WASHINGTON house Wednesday western campaign Cold as well as new hardships for the defenders as they gathered a motley collecton of civilian topcoats blankets and tow els for protection against biting winds The militia held stubbornly to its positions despite the disadvantages the war ministry reported A two by government columns restated in recapture of the strategic town of Siguenza 43 miles northeast of Guadalajara the min istry asserted Along Western Front Operations of the fascist artillery batteries along the western front cut communications between be leagured socialist outposts and the supply base at south of the Alberche river dams which government commanders opened to flood insurgent divisions two weeks ftEfO A government patrol deploying south of Talavera de la Reina was reported to have captured Villa Te broso after an encounter in which opposing fascists losi 22 men The victorious troops claimed seizure of train of supplies including herds and Chicago white announced the JUUOl 1 tinerarrfor President Roosevelt s J fLcinef it disclosing it calledfor major speeches at Omaha Saturday night and at Chi Oct 14 The president will leave here about noon Thursday instead of Fri sina y pannd termite Park trip TOPEKA Alf M Landon penciled finishing touches on three major speechea Wednesday on the eve of departing on his lake states presidential campaign drive Gifford Pinchot former Pennsyl vania governor who is stumping Kansas in behalf of Landon was on the governors conference list brought a hand Mr Roosevelt will travel as far west at Denver and Chey enne Wyo and also will carry his campaign into the home state of his rival for the presidency Gov Alf M Landon of Kansas He will visit Iowa Minnesota Nebraska Wyoming Colorado Kansas Missouri Illinois Michigan Ohio and New York To Leave Thursday Although speeches will be made at Denver the morning of and at Detroit the afternoon of Oct 15 white house officials indicated these would be on the regional var iety probably without national radio hookups Leaving here Thursday the presi dent will make a 45 minute stop Friday morning at Dubuque Iowa He then goes to Oelwein Iowa for Oct f his initial J Tuesday night in which he said there confusion in President Ropse minute stop and thence to where he is due central time for St Paul around 5 p a 5 hour stop After the St Paul speech the president will travel through Iowa again Saturday morning going to Des Moines for a rear platform talk and then to Lincoln by way of Afton Iowa At Afton Sen ator Norris of Nebraska indepen dent republican will join the party From Lincoln the president will cut back to Omaha for a speedi scheduled at 8 p m Saturday night Sunday in Cheyenne Leaving Omaha about midnight the presidential special will go to vetts described James A Farley as the president i wicked and asserted don has what it takesto run the purpose tenac ity and To Speak Thursday The pennsylvanian planned to speak in CoffeyviUe Thursday night as the governor sets forth upon his United States history So small an increase in wealth he asserted has not justified i terest rates of 5 6 7 or even 8 per cent It has resulted in the funnel ing of too much wealth wealth not altogether cash money into too few A 2 per cent reward lo capital fijruring through the generations Editor Woodlock reckoned would have oeen high safety limit Editor Conservative The statistics are Editor Wood locks not mine Coming from an authority who wastoo conservative for President Coolidge I do not think I can be called communistic for quoting them The editor was speaking when I heard him before the Nationa Catholic School of Social Service he is a communicant of the church of Rome and that cannot be con sidered communistic either Well government interference seems to be playing smash with in terest rates But is it a bad thing I ask Of Editor Woodlock whom Ive heard Or others whom I havent heard 1 dont profess to have heard them all if livestock Continued insurgent assaults on W4U Muriano in Cordoba province resulted in a change of government commanders by decree of the war ministry Gen Jose Meija was re placed by Gen Juan Garcia Gomez Cabinet Assembles Cabinet ministers assembled for session with President Manuel Azana and voted to call into service all men in the classes of 1932 to 1935 from Almeria and Huesca provinces The cabinet approved establish ment of a fund of pesetas for defense works m Madrid Workmen already were en gaged in digging trenches in the city and constructing at strategic locations Brigadier Humphrey Cheyenne arriving Sunday morn The president will attend church and have luncheon with General Charles commandant of Fcrt Francis E Warren and Major General Herbert Brces corps area commander He will spend the night on the train and leave Cheyenne Monday morning for Denver arriving about S30 a and leaving three hours fourth major tour through Michigan Ohio and Indiana wmcn hold a bloc of 88 electoral votes Two advisers Olin Glenn Saxon and Ralph West Robey were on hand for consultation on the Landon speeches to be delivered on the ap proaching tour one dealing with the federal budget at Chicago Friday and the others at Cleveland and De troit outlining his views on civil service in government and rJief In a letter addressed to Fred J Freestone Interlaken N Y chair man of the executive committee of the national seaway council Lan don expressed hope the St Lawrence seaway would be brought to early and successful Would Afd Prosperity The republican nominee stated he believed this great and meritorious project would promote the agricul tural industrial and commercial prosperity of the nation as a whole Freestone told newsmen later the standard bearers of both par ties agree the project will benefit the entire nation and added We now feel justified in the con fidence that ratification of a treaty with Canada may be nonpartisan basis in States NAVY BASE RACE IN PACIFIC AREA Great Britain Sounds Out U S and Japan About Treaty Renewal LONDON sources said Wednesday Great Britain con cerned over a possible competitive race to fortify Pacific insular naval bases has approached the United States and Japan concerning renew al of article 19 of the Washington naval treaty which expires this year This article deals with status quo in the Pacific Oral discussions the British sources stated now are going on in oth Washington and Tokio An swers from the two countries have ot been disclosed but were said o be as yet incomplete T S WARNS IT WIUL HATCH OTHER NATIONS WASHINGTON in irectly against disturbance of the resent status of fortifications in he Pacific after expiration of the vVashington naval treaty Secretary Swanson indicated Wednesday the United States was prepared to match the building activity of any other power in that area Swanson discussed at his press conference Londons proposal that Japan the United States and Great Britain agree to extend that portion of the treaty which expires Dec 31 providing for no new construction or naval bases in the Pacific he said are m Praises Landon Farm Program Declares Recovery Lags TEXT ON PAGE 15 Gov who way La 1iter for Wichita by of Colorado Springs Pueblo Junta and Dodge City Kans He is due in Wichita fo an hour and a half stop at Tuesday morning He will then go to Kansas City by the way of Empona the United arriving about Kansas and Hines and Wife and Cornwell to Plead on Murder Charge ELKADER Judge W L Eichendorf granted Mr and Mrs Jim Hines and Albert Corn well until Friday to enter a plea on a charge of murder All three are charged with a part in the slaying of Dan Shine 56 Pearl Shine his widow and Maynard Lenox 19 year old lover are serving prison sen tences for the murder ACTION Communist Sues Mayor and Police Chief for Terre Haute Arrest TERRE HAUTE neys for Earl BrowOer communist candidate for president filed suit Wednesday for damages against Mayor Samuel Beecher and Chief of Police James C Yates based on Browders recent arrest when he came here to address a campaign rally In one complaint is asked for loss of time and in another the same amount is sought for alleged false arrest and malicious prosecu Browder was arrested on a va grancy charge when he arrived from Chicago and was held m jail overnight The charge was dis missed the following morning on motion of the state Suit was filed by David J Bentall Chicago attorney who read over the radio the speech Browder had planned to make and John H Kingsbury an Indianapolis lawyer Browder said recently in New York he plans to return here Oct 19 for another campaign meeting but Mayor Beecher asserted the communist candidate will be jailed asain p m motoring to Kansas City where he is due about 6 p Oct 13 Tour in St Louis From there Mr Roosevelt will go to St Louis arriving about a in Oct 14 and leaving an hour and rhrs m Lne city a half later after a motor drive and at inspection of the Jefferson memorial iOWANS WILL NOT HUNT PHEASANTS Commission Decides Against Open Season Anywhere in State DES MOINES Iowa conservation commission ruled Wed nesday against an open hunting season on pheasants in Iowa bur decided to allow a months quai shooting in 20 counties and part of another Commission members saw series of recent hearings disclosed that an open season on pheasants sitfi He is due in Chicago about 7 p the night of Oct 14 for a major speech at p central time in the stadium where he accepted the nomination in 1932 The route then will carry the chief executive to Grand Rapids where he will arrive about 9 a m Oct 15 and leave about a for a 15 minute stop shortly after noon at Lansing Detroit Next Stop Proceeding to Detroit Mr Roose velt will appear at an afternoon meeting leaving at midnight for Cincinnati where he will arrive about 10 a Oct 16 and leave an hour and a half later for Cleveland by the way of Middle town Dayton Springfield and Col umbus He is due in Dayton about p Columbus p m and Cleveland 5 p m He will remain one hour in Cleve land and then go to Hyde Park New York Enroute he will go to Niagara Falls where he is due about 9 a m Oct 17 He will motor to Buffalo for a half hour visit about 11 a m and then to Roches ter for an hours stop about 1 p m Continuing by motor he will go to Albany for dinner with Governor Lehman visiting Syracuse and Utica enroute He is due at Hyde Park about p Oct 17 Davenport Schools Superintendent Dies DAVENPORT Frank L Smart for a number of years su perintendent of schools died here Wednesday would deplete throughout the tendedto answer formications One menace must be met by another He declined to be more specific Take No Initiative Both the secretary and Admiral William H Standley chief of naval operations who sat at the cabinet members side during the confer ence emphasized that formulation of American policy toward fortifica tion of its Pacific possessions must await expiration of the treaty un less some new understanding were reached meanwhile They indicated the United States would take no in itiative in the matter Swanson asserting we must the seed stock to Japan state since the States has been ser iously decreased by last winter severe cold and this summers hea and drought The open season on quail will run from Nov 15 to Dec 15 The daily bag and possession limit will be eight birds The commission also adopted tne federal regulations for shooting of migratory waterfowl The season will run from Nov 1 to Nov 30 in clusive Daily bag and possession limits on ducks will be 10 birds on geese four birds Quail hunting will be allowed in Union Ringgold Decatur Clarke Lucas Wayne Appanoose Monroe Wapello Davis Van Buren Jeffer son Washington Henry Lee Des Moines Louisa Muscatine Jones Jackson and a special game man agement area in Polk county China Clipper Fueled for Airmail Flight ALAMEDA Cal China Clipper was fueled Wednes day for the twentyseventh Manila airmail departure with papermen as passengers mile air route The five day flight was scheduled to start at 3 p 5 p m centra standard time with Honolulu miles distant destination of the first leg in an overnight voyage 85 Miners on Strike CENTERVILLE miners in amali Appanoose county mines went on a strike for union scale wages Officials feared the strike would spread to other mines wait and see what added that the United States even if it decided to proceed with fortification work could do nohing about it until congress provided an appropriation Questioned on Japan In response to questions he said the navy department had no infor mation Japan already had begun to fortify certain of the islands appor tioned to it in the Pacific under a league of nations mandate Earlier the state department dis closed it was studying a cation from Great Britain propos ing continuation of the fortifica tions status quo in the Pacific The communication was addressed as well as the United WATERLOO Frank O Lowden of Illinois praised the i md declared re covery had lag ged behind be ause of the dem jcratic admini stration in an address here Tuesday night prepared to re turn to his Ore gon home Wednesday un decided on his next move in the political c a m paign Lowden s a i c following h i s speech at the Dairy Cattle congress a u d i torium here hi had not defin O Decided on whether I shall give more political Meanwhile he visited with friends and republican party leaders before returning to Illinois The former governor said in his address the supreme issue in the campaign is Shall we maintain m substance as well as form the American scheme of government Bursts of Applause Amid bursts of applause when he mentioned the name of the presi dential nominee he declared no one has shown a clearer apprecia tion of the imperative need to pre serve the farm family and the fam ily sized farm than Governor Lan Lowden asserted the republican candidate advocated that a protec tive tariff which is now effective cnly for those products of which we have no exportable should apply for all products of the farm We are in for an era of high tar Lowden continued and Gov ernor Landon insists that so long as that shall be true agriculture must have as large a measure of protection as LOOK INSIDE FOR DR CHARLES E FRILEY See President of I S C Inaugurated ON PAGE 12 Lowden also Landons soil praised Governor conservation pro Mussolini May Make SoninLaw Successor ON PAGE 2 Preparations for Chest Drive Near Completion ON PAGE 22 Music Festival to Be Held Near Forest City ON PAGE 12 Series Over and Hot Stove League Starts ON PAGE 13 Beyond this state department of ficials refused to comment Ends Dec 31 Article 19 of the Washington naval limitations treaty embodies an agreement among the United States Great Britain and Japan not o enlarge fortifications or create new naval bases in certain of their respective island possessions and ter ritories in the Pacific The whole Washington naval ac cord will be terminated automati cally on Dec 31 Earlier official statements had in dicated that the United States did not intend to take the initiative in any move toward extending the status quo provision regarding for tifications but that it would be re ceptive to any overtures from the other two powers for of the subject with five news over the a discussion 7 Year Old Boy Dies From Heart Attack ESTHERVILLE CSJ Donald Clare 7 year old schoolboy died of a heart attack here after collapsing on the stairway to a physicians of fice He had participated in his regular school activities including a physical education class before com plaining of feeling ill He is the son of Mr and Mrs TLeo Clare Window Washer Killed SIOUX CITY Rick ard 19 window washer was killed when he fell five storiesto the side walk of a building in the busines declaring looking to the long future this is the most important question of all affecting not only the farmers but all classes of our The speaker recommended a soil conservation plan under which he said the federal government would pay farmers a sufficient bounty to take land endangered by erosion out of cultivation and put it in soil aving crops Favors Federal Grant To meet the cost of this pro gram a federal grant should be made to he said with the actual administration however re moved from Washington and rest ng in the Turning to a discussion of the present re erred to the enormous expendi and declared although the government seems to have exhaust ed all possiblesources of revenue it is now expending two dollars for ev ery dollar it Lowden commented I doubt if there is a community in the nation where there is not a legitimate de mand for labor for all kinds of tasks which cannot be met because the re lief rolls stand in the way One cannot resist the convic he said that the authorities in Washington have concerned them selves with recruiting the immense relief rolls more than they have with finding employment for those who are out of Blows at Confidence You cannot maintain the morale of a people by making relief rolls more attractive than payrolls and just as Lowden said ad ding if relief is to be administered wisely and economically it must be administered by local authoritier with such aid from the governmenl as may be Lowden said the democratic ad ministration has delivered repeated blows at reviving confidence in thr Raising his voice as he spoke o the new deal and quoted what hi said were the words of Presiden Robaeyelt Lowden presi dent esses in a message to con district Rickards neck back and both his ankles were broken LIVERMORE MAN KILLED IN CRASH Sittlers Car Hits Rear of Centerline Marker Near Fort Dodge FORT DODGE Sit tler 52 Livermore farmer was killed when his car crashed into the rear of a marker on highway 169 north of here early Wednesday Ivor Ostrem of Jewell one of the operators of the marking was seriously injured in the collision while Peter Trow or Ames the other operator was slightly bruised The same marking machine lig red in another accident an hour arlier when Joe Brabbit of Clare lowed down for the marker and vas struck in the rear by a car iriven by H L Zigrang of Liver nore No one was injured Livermore men are m hospital here as the result of a hird accident Tuesday night Curt Fox 27 and Cramer Davis U were injured when their truck over turned after striking a bridge rail SAYS HE DID NOT ATTEMPT PLANE SALE TO RUSSIA Nye Says He Released Deposition to Give Fair WASHINGTON Chairman Nye said Wednesday he released the senate munitions committee deposition concerning an unfulfilled contract between Elliott Roosevelt son of the president and Anthony H J Fokker European airplane manufacturer to sell air planes to Russia in the interest of fair play to all The affidavit attributed to Fok ker said he bad agreed to pay young Roosevelt a commission of for the sale of 50 military planes to the soviet Roosevelt im mediately denied he had ever agreed to sell military planes to any government adding the con tract was for the sale of commer cial planes to private foreign cor porations Young Roosevelt also denied m a telephone interview with the Fort Worth Star Telegram that such a figure as for a commission ever had been men tioned No Public Hearings At an informal press conference soon after he reached Washington Wednesday morning Nye told newsmen the FokkerRoosevelt agreement had been given a great deal of consideration by the com mittee but had not been made the subject of public hearings because it would have resulted only in the smearing of the president which was a thing no member of the com mittee wanted to Nye said it was apparent to the there had been a contract it had never been ful filled and no business Nye said Senators Vandenberg of Michigan and Barbour of Naw Jer sey both republicans concurred in the decision against airing the de position in public hearings Explaining he had decided to make the affidavit public because of an article in an aviation maga zine that the committee had con cealed evidence and facts Nye said Resents Politics Charge Speaking for the committee I do most thoroughly resent it There has been at no time any partisan ship on the The chairman said in response to questions he had acted upon his own initiative in releasing the doc ument but added there was utter ustification for doing so and ex ressed belief other members of the ommittee would have felt the same had they been in New York when gress that some of the powers has sought placed in other hands FORECAST IOWA Generally fair Wednes day night and Thursday slightly cooler in extreme east portion not so cool in extreme west por tion Wednesday night rising temperatures Thursday MINNESOTA Generally fair in south somewhat unsettled in north Wednesday night and Thursday not so cool Wednesday night except in extreme south cast rising temperature in ex treme south cooler in extreme northwest Thursday IN MASON CITY GlobeGazette weather figures fo 24 hour period ending at 8 a m Wednesday Maximum Tuesday 61 Minimum in night 39 At 8 A M Wednesday 48 degrees than his might provide shackles fo the liberties of our That is the very reason why un der the American system sue powers were not granted to even th best of he said iie magazine article appeared My whole purpose in making the okker affidavit Nye ontinued was to afford a demon stration of the fact that after all nothing had ever come of the tie up There was absolutely no pressure brought to bear on the committee from any source to prevent develop ment of any part of this Nye said the committee had no knowledge of a very large part of the story in the aviation magazine No Comment on Denial The senator declined to comment on Elliott Roosevelts denial but said he would feel under obligation to the presidents son to release any thing he might have to say to the committee Young Roosevelt said Tuesday night he was willing to give the committee a copy of the contract in question but Nye indicated the com mittee would hold no further hear ings because it had completed its report and was out of funds Nve said there had been nothing illegal in Elliotts action but said ther would nave been if military Planes had been sold to foreign before leaving by plane for Chicago Nye taking the complete file of the Fok kerRooSeveiv case with him partly to acquaint himself more thorough ly details but largely so I will know who has Ficure Not Mentioned Young Roosevelt told the Fort Worth Texas StarTelegram u telephone interview Tuesday K that such a figure as a commission was never i Whereas the deposition to Fokker said the had been paid the unfulfilled contract gaid henever received a dollar per SnaUy although went to salesman associated with him He said he himself terminated contract without trying to sell PlThave a copy of the contract he told the Fort Worth paper All this is down in black and I shall be glad at any time to
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