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Chester Times Newspaper Archive: March 4, 1933 - Page 1

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Location: Chester, Pennsylvania

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   Chester Times (Newspaper) - March 4, 1933, Chester, Pennsylvania                              DAILY AVERAGE NET PAID CIRCULATION FOR SIX MONTHS ENDING SEPTEMBER 2O1 OS FINAL EDITION With All Latest and Best News of the Day 57TH 17532 Dally jVlre Reports ot Onlted Press UP and International Nevrs Service CHESTER PA SATURDAY MARCH PENNA JOINS OTHER STATES IN HOLIDAY FOR ALL ITS BANKS Most of Nation Affected by Orders of Their York and Chicago Stock Exchanges Close Protective Measures Seen Aiding Situation Pinchot Orders Keystone State Banks Closed Until Tuesday After Bankers Confer in Issued at 830 A Banks Open Chester Banks Open Today Closed Monday The following statement was issued this morning by the Chester Clearing House Association representing all local banks 4Mn compliance with Governor Pinchots holiday proclamation the Chester banks will notbe open for business on Monday the 6th inst The Chester banks were very reluctant to be obliged to comply with Gov ernor Pinchots proclamation as the banking situation in Chester is most satisfactory Monday will be observed as any other legal holiday therewill be no business transacted by any banks in includes the Federal Reserve Bank of Philadelphia The banking holiday became virtuallynationwide today as New York Illinois Pennsylvania andMassachusetts followed the lead of more than two dozen other states in temporarily suspending banking operations The closing of banks in these temporarily froze the greatest money marts of the country Governor H H Lehman in New York Governor Henry Homer in Illinois Governor Gifford Pinchot of Pennsylvania Governor Joseph B Ely of Massachusetts proclaimed the suspension in their respective states Lehman and Homer cancelled plans to attend the Roosevlet inaugural at Washington andremained at home in close touch with the situation Ely already in Washingtonasked the acting Governor to make Repercussions of New Yorksholiday were felt around the Trading in dollar exchange was suspended in London and other Euro pean capitals and banks declined to cash dollar checks or letters of credit for American tourists and residents Loans were advanced by banks to known customers but thousands of Americans were left al most penniless just as tourists were in the first days of the World War Gov Gifford Pinchot from his tern day holiday for all banks porary residence at WashingtonD C today proclaimed a mandatory two Pennsylvania The proclamation issued at 830 this morning through Dr William D Gordon state secretary of banking in Philadelphia directs all banks in the Commonwealth to remain closed Sat urday and Monday George W Norris governor of the Federal Reserve Bank in Philadelphia at whose behest leading Philadelphia financiers assembled in the ealy hours of the morning to consider de cisive action said the step was made necessary by the growing list of state bank holidays Although it was believed Pennsyl vania banks could have remained open under the Emergency Legisla tion passed by the Legislature last night declaration of holidays by the Governors of New York and Illinois and several other states early today precipitated todays crisis Norris ex plained Because of the declarations of a bank holiday in New York Illinois and other states similar action in Pennsylvania has become unavoid able the governor declared in his proclamation Were our banks to remain open the demands upon them would im pose an impossible burden the proc lamation continued Therefore upon the specific recom mendation of Governor Norris of the Philadelphia Federal Reserve Banks I hereby declare a bank holiday throughout Pennsylvania on Satur day March 4 1933 and Monday March 6 1933 GIFFORD PINCHOT Governor The Governor was at first reluctant to sign the proclamation because of his assurance given last Monday that Pennsylvania could escape a bank holiday through passage of the emergency laws When the situation was fully explained by Dr Gordon and several of those present the Gov ernor at once instructed the At torney General to act ui his absence Continued on Page Seven LEADERS AT ODDS ON BANK REMEDY Unable to Agree on Relief Through Deposit Guar antee by U S WASHINGTON March Sharp conflict over a federal guar anty of bank deposits swept through Congress today with various Demo cratic leaders in the two houses pro posing emergency banking relief plans which they hoped would meet with President Roosevelts approval Senator Gore D of Oklahoma a member of the conservative group planned to seek early action by the Senate Banking and Currency Com mittee on his joint resolution for an ironclad government guaranty against loss to depositors State banks wouldbe able to avail themselves of this guaranty under Gores measure by becoming asso ciate members of the Federal Reserve System The Government cannot possibly guarantee bank deposits declared Senator Walcott R of Connecticut a member of the Banking and Cur Continued on Page Two HORSES WITHDRAWN FROM RACES TODAY AT HAVANA Jean Curt Silk Billy Mclntyre Cedar Crest Dr CoogrJe Tussle Chilian Exiled Satin Shoes Netie Pebbles Dnnnj Boy H Cons Water Parole Isabel Weather clear track fast AT HIALEAH PARK Jolie Lady Marsch McMonigIe Elizabeth Fox Hor Bed Time Weather clear track fast AT FAIR GROUNDS Sub later Plane Gyro Sarerac 1 Sizzling Hopulikit Hard Star Play Elizabeth S Weather clear track fast MANY BANKS REMAIN OPEN Pinchot Tries to Get Ruling on His Order Pitts burgh Open WASHINGTON March Gifford Pinchot did not intend that his order for a twoday bank holiday in Pennsylvania should be mandatory International News Service learned today However the question of whether it will be made mandatory depends upon the advice of the attorneygen eral When informed by International News Service that some banks failed to comply with the order Governor Pinchot spent three quarters of an hour trying to communicate by long distance with the attorneygeneral He finally had to leave for the in auguration ceremonies at the Capitol without being able to get in touch with the attorneygeneral Pending a talk with the latter the governor declined to make any statement Pennsylvania banks were not unani mous today in complying with the Continued on Page Seven SOME COUNTY BANKS OPEN OTHERS CLOSE Marcus Hook National Bank today remained open until 1230 oclock this afternoon in order that payroll checks of employes of plants in the borough could be cashed and other business which the men have at the bank could be transacted In stead of complying with the usual closing order the bank remained open a half hour later than usual The two banks in Media remained closed upon receipt of the orden The Ridley Park National Bank was open until noon At the Swarth more National Bank it was said that the bank had been closed and would remain so TheProspect Park State Bank was also closed to observe the twoday holiday The Tinicum Bank of Essington was open until 1115 oclock when a telegram was received from Governor Pinchot to close in observance of the statewide holiday TIMES COOPERATION DULY APPRECIATED During the past month the circu lation department of the Chester Times has been rendering a valuable service to the Red Cross flour sta tions in the city by supplying them with old newspapers in which those calling for flour may wrap the sacks to protect their clothing from dust and to keep the flour dry on damp and rainy days Thosein charge of the flour stations of which there are seven in this area have found the generosity of the local paper very use ful in the conduct of the stations THIRTYSECOND PRESIDENT OF UNITED STATES jfrattfeltri DENIES INTENT TO BOOST COUNTY ASSESSMENTS Member of the Board of Revision of Taxes Issues Statement Explains the Adoption of Plot Plan for Equali zation Purposes in Co Denying absolutely the rumors that the total assessed valuation of prop erty in Delaware county will be in creased 33 per cent for the next trl ennium A J Klinka member of the Board of Assessment and Kevision of Taxes stated firmly that the county does not need any not want any more assessments than it has and it isnot the intention of this board to raise at the present time the aggregate assessments for Delaware county beyond the present total of 0281000000 Speaking j beforethe League of WomenVoters in Media yesterday Mr Klinka laid stress on the fact that the board had been appointed by the County Commissioners for the purpose of reducing the tax rate in Delaware county This he pointed out is to be accomplished by charting every square foot in the county and dividing it into blocks and then by USG of mathematical tables now being prepared the assessment of every property will be arrived at by the same rule thus insuring equalization and absolute fairness to all property owners The plan is known as the Cloudy skies with little change in temperature in Eastern Pennsylva nia New Jersey Delaware and Mary land is the forecast for today It will be fair tomorrow The highest temperature here yes terday was 43 at p m and the lowest was 37 at 2 a m The aver age of 42 was five degrees above nor mal for the date but eight degrees below the average March 3 last year Maximum temperature for the date in 73 established in 1923 and mini mum 10 in 1886 Sunrise today was at a m and sunset will be at p m Eastern standard time Continued on Last Page ADMITS ROBBING 5 a m Burglar Must Serve 10 to 20 Years in Eastern Penitentiary Earl Newton 27 known as the 5 a m burglar whose home is in New Haven Conn was sentenced to serve fronvno to 20 years in the Eastern Penitentiary by Judges John M Broomall and Albert Dutton Mac Dade yesterday afternoon when he coolly admitted robbing 30 homes in Upper Darby Lansdowne Springfield and Upper Darby Assistant District Attorney Louis A Bloom presented more than 60 indictments covering Newtons brief career of crime Newton arrested by Upper Darby police on February 15 said that he usually caught the last trolley car leaving Sixtyninth street for the suburbs and ransacked homes at his leisure He then caught the first car back to the terminal at 5 oclock and slept all day He admitted robbing seven homes in Springfield 20 In Up per Darby one in Lansdowne and two in Abington Montgomery county Newton also said he was wanted in Springfield Mass for robbery and Continued on Page Two CLOUDY TODAY FAIR TOMORROW FINAL SESS Distribution of Awards Features Capacity Ses sion The 1933 session of the Chester Times Cooking and Home Making School came to an end yesterday afternoon in a blaze of glory The huge audience gathered in the Masonic Temple waited patiently for the climax of the day the distribu tion of the day prizes and the grand awards Twentyfive women took home baskets containing an assort ment of useful and palatable articles Others were the fortunate recipients of interesting awards given by the merchants and still others were named as winners of the grand awards Every individual who had attended the school at any time dur ing theweek was eligible for the latter which included such gifts as an occasional chair a card table a coffee table a fifty dollar credit on an electric refrigerator and as the climax a Graybar electric range But the interest in the prizes was no keener than the interest in the cooking demonstrations offered by Mrs Katherine Delansy the presid ing genius of the School Tempting dishes were quickly and skilfully pre pared as the instructor kept up a running comment pointing out the Continned on Last Page PENNA LEADERS PLAN ECONOMIES TO AID RELIEF Monday Set as Day for Conference at Capital to Save Talbot Favors Returning Burden for Jobless to the Counties HARRISBURG Pa March 4 drastic plan ot govern mental economy to provide funds for unemployment relief will be consid ered by leaders of the State Republi can organization at a conference here on Monday it was learned today Through economies reduction of bureaus and commissions and elimi nation of numerous State functions leaders believe they can save between 510000000 and for relief The balance needed willl be bor rowed from the motor license fund and a31 future road construction wiJl be stopped until return of nornial conditions it was said A rough draft of the legislation necessary to make effective the pres ent ideas of the leaders which are based to some extent on the reports of the Sterling Investigating com mittee will be discussed by the con ferees In his special message to the gen eral assembly on unemployment Governor Gifford Pinchot asked for Continued on Page Seven ISSUES RULE IN KLINE CASE PITTSBURGH March The State Supreme Court today is sued to counsel for Mayor Charles H Kline a rule to show cause why his appeal from the sentence of six months in jail fine and loss of office should not be remitted to Superior Court The mayors attorneys had ap pealed to the court on the ground that the decision affected the hold ing of public office Woodworking Course For Unemployed Boys Fourteen boys whose plea to be given something to interest then and occupy their time during leisure hours brought about by months of unem ployment have shown their worth as willing workmen A display of their skill in woodworking has brought praise from everyone who has visited the Smedley Junior High school Sev enteenth and Upland streets where the products of the artisans are set out in the school lobby with the names of the makers displayed on cards on the article Miss Margaret C Stetser the prin cipal is extremely proud of the work manship shown and while visitors In spect the articles she the way in which the training of the makers was brought about with only two months spent in the school shop These are the products of a group of fourteen former students who had left the school in better days to earn their livlihood she explained A little over two months ago some of the boys most of whom are a little past the school age came to me ask ing to be allowed to return to school Most of the requests were similar no the following Miss Stetser cant you possibly find a place for us in some Continued on Last PRICE TWO CENTS ROOSEVELT SWORN AS PRESIDENT BEFORE THRONG AT CAPITO ROOSEVELT LN INAUGURAL ASKS BROAD POWER Points Out Spectre of Fear M u s t B e Eliminated Over Nation THE CAPITOL WASHINGTON March Franklin D Roosevelt today demanded im mediate and drastic action if neces sary to solve the economic crisis con fronting the country In his inaugural address delivered before thousands of spectators mass ing the broad plnza of the Capitol Building he declared thatif neces sary he would go so far as to ask Congress for the broad Executive power to wage a war against an emergency as great as the power trmt would be given me if we were in fact Invaded by n foreign foe The Presidents inaugural address brief but sharply serious in the face of the difficulties confronting him handled the financial situation of the country without gloves Practices of the unscrupulous money changers stand indicted in the court of public opinion he declared and then he set forth his lines of at tack must be a strict super vision of all banking and credits and investments must be an end to specu lation with other peoples money must be provisions for an adequate but sound currency Detailed measures for fulfillment of this program he said he would urge upon a special session of the new Con gress and ask the immediate assist ance of the several states President Roosevelt said I am certain that my follow Amer icans expect that on my Induction Continued on Page Seven Oath Administered by Chief Justice Hughes to Thirtysecond Head of Nation on YearOld Family Garner Assumes VicePresidency in Separate Ceremony F D R Reviews Countrys Plight in His Inaug ural Speech and Hints That Broader Execu tive Powers May Be Likens Situation to That of War Time THE CAPITOL WASHINGTON March f i BCfS GVelt Resident of the United States today with an excoriation of the money changers and a promise that he might have to adoot war time Seas With uplifted hand the advocate of the new deal o m by Hughes before hoWands of spectators on a white painted stand in front of the capiLoi As the solemn voice of the chief justice echoed across the vast throng Cold gray skies chilled spec Mr Roosevelt took from the shoulders who had been waiting for hours Of Hprhfrfc v a A L VA44 of Herbert Hoover the heaviest burden f uiiiuuii niwiiicuus oeiorc VICP of peace time responsibility that any dent Garner had been sworn Presirtrmh sbirp jawum President since Lincoln has faced Then speaking to the hushedthou sands Mr Roosevelt spoke franWy of Pome old and The money changers he fled from their high scats Then he continued This nation asks for action and action now He quieted the cheers with a broad wave of his hand and told how he hoped prosperity could be restored to the nation which he said had lost confidence in itself through unreason ing fear The banking crisis breaking as the climax of the long depression threw a pnll over the historic scene though many of the throng still were unaware of the fact that protective bank clos ings had taken place almost all over the nation T MINUTE NEWS TIDAL WAVE KILLS WANYilN PORTO RICO NEW YORK March loss of life and property has occurred at Mayagiiez Porto Rico due to an inundation according to a cablegram received today by the Presbyterian Board of National Missions No details were given but the presumption was a tidal wave had struck the densely populated beach front of May aguez which has a population of 42000 TWO BOYS STRUCK BY AUTOMOBILES Two small boys were slightly in jured when struck by automobiles in this city last evening CurtisThomas 6 of Ninth street and Central ave nue was felled when he darted from the sidewalk into the side of an auto mobile operated by Angus Dobson 414 Central avenue near his home Dobson removed the youngster to the Chester Hospital where he was treated for brush burns Paul Draper 9 of 122 East Third street escaped with minor bruises when he was struck by an automobile driven by Shippie Tanner 1410 Han cock street at Fourth andWelsh streets The woman motorist removed the boy to the Chester Hospital and later took him to his home INJURED IN CRASH SHAMOKIN Pa March escaping possible death when his coal truck was demolished in a crash with a motorbus enroute from Williamsport to Philadelphia Oliver Slifer of Watson town was suffering from Blight injuries today Two women passengers on the bus suffered only shock 72nd CONGRESS ADJOURNS WASHINGTON March The 72nd Congress was adjourned at p m today U S CHIEFS WORK OVER BANK CRISIS Roosevelt Hoover and Ad visers Study Situation Until Early Morning WASHINGTON March Lights blazed in the White House the Mayflower Hotel and the Treasury until nearly dawn today as the high est officials of the incoming and out going administrations worked over plans to fortify the national banking structure The closelyguarded and unprec edented conferences preceded an nouncement early today of a twoday banking holiday in New York and a threeday holiday in Illinois Whether any other measures were discussed was riot disclosed President Hoover and President eject Roosevelt studied the situation with their advisers until midnight Then Secretary of Treasury Mills his successor William H Woodln mem bers of the Federal Reserve Board and others met behind the barred doors of the Treasury building in a Continued on Two 15000 PA DEMOCRATS AT THE INAUGURAL WASHINGTON March 15000 and 20000 bedadged and cheer ing Democrats and a handful of Re publicans have come from Pennsyl vania for the Roosevelt inaugu ration Governor Pinchot with an official party rides in Lhc inaugural proces sions in the section for Governors and later reviews the ranks of marchers from the White House stand with Franklin Delano Roosevelt Edward Martin chairman of the Republican State Committee enjoys the novel role of a spectator although he will ride with the Pinchot group The Pennsylvania Democrats are headed by Joseph P Guffey Pitts burgh the State Roosevelt leader His aid is County Commissioner John ODonnell chairman of the Philadel phia Democratic City Committee A rival group of Democrats which clings to the Smith leadership is here in charge of Sedgwick Kistler Demo cratic National Committeeman from Pennsylvania and former Regis tration Commissioner Thomas A Loguc who is ODonnclls rival for Democratic control in Philadelphia The Democrats are cheering for Roosevelt and Garner but they are shouting for a shaking of the patron age tree in Pennsylvanias direction The GuffeyODonn ell cohorts are job hungry eager to see the new broom sweep clean in their home State and turn over choice offices held for years by Republicans to them With Governor Pinchot will be Mrs Pinchot and Colonel Leo A Luttringer of Harrisburg who will carry the State flag In the second Pennsylvania car will be lieutenant Governor Edward C Shannon Grover C Talbot Speaker of the House of Representatives States Treasurer Martin and Philip H Dewey Secretary of Internal Af fairs In the third car will be Stephen H Stahlnecker a Public Service Com missioner Duncan McCallum who succeeded Mr Stahlnecker as the Governors secretary and Adjutant General David J Davis of Scranton REFUSES TO SIGN7 BILL WASHINGTON March President Hoover as his last official act in office today issued a public statement refusing to sign the independent offices bill He declared that Congress already had appropriated more than he had recommended PATRIOT WOMEN ELECT LANCASTER Pa March Hazel Glessner York today was the new president of the State Daughters of 1812 succeeding Mrs Harper D Sheppard Hanover who has iield the office for three years Biting raw winds swept the crowds A few moments before iiisaaa the Senate chamber with the outgo ing and incoming Presidents the Su hundreds of dressed women m theNgalleries lookedV Roosevelfc and Mr Hoover i the high wooden stand the cast wall of the T Capitol builiding A white canopy garlanded with laurel decorated with American 5 coat of arms formed the event in arid John Garner Sworn In Nanco Garner Hoover Charles Curtis Roosevelt n ended series of March 4 ceremonies Since S1Vil the Senate chamber beefl Quadrennial scene of the beginning of a change of ad ministration Henceforth 20th Amendment to the Constitutiou uary ngC WU1 take place As Garner promised hand Almost simultaneously with nisin the hlghest the was expected n infco sPecIal session1 to deal wjfch the emergency It prob ably will assemble next week enact emergency legislation imposing vast powers on the new President and then recess until the apostles of tha new deal can formulate their pro gram for national rehabilitation The swift drama of the transfer of power began unrolling shortly before when tne left his hotel for the short journey WhiteHouse where he joined with the outgoing executive for their memorable ride to the capital Extraordinary precautions Continued on Page Seven HCS of Times They say theres an automobile war on The trouble with most motorists is keeping their cars out of tka trenches Early morning fires have no bifca for Tom Draper of Chester township Pardon reference to the false teeth Aquake in Japan killed about 2000 Thats better than the Chinese could expect A man In Florida was found dead from the cold California paper copy A fellow caught stealing silk cases in the county will probably leant they will not fit his pillows for tho next coupla months Style note Crash suits will be pop ular with automobile drivers this year Believe it or net Up to the present 43 desertion have been heard in Media divorce courts Which shows the need more companionate marriages Buy this car it wont last reads a sign on a secondhand flivver Nothing like truth in advertising Street car conductors in Europe are to eject passengers who have been ating garlic Wonder how they can tell They say every Chinese soldier takes his wife to war with him Thats one way of keeping in a fighting mood The Weather WASHINGTON March Pennsylvania Fair tonijjht and San day with little chasgrein temperature Western to night j Sunday fair with rising temperature v TODAYS TEMPERATURES u 6 a m42 10 a 7 a m42 11 a in V46 8 a m40 Noon T 48 9 aim42 i p m50   

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