North Carolina Newspapers

111 THIS a, Old Age Pensiona 'j Does Lashing Do C.l? Those Cosmic Rays i 6,000-Year-Old Graves 1 Financial tonservatUm la 1 . tated . because old-age pensions r i planned, moderately, by the I dent; would cost .one billion C i year. Conservatism might I worry, about Doctor Tow i plan to give two hundred . a month to everybody past Bt' ; ., of age, and cost at least t y four thousand minions a j, Conservatism might a" -;rry boot hJUionB apent u; .. j tu state, national or local government costs, and taxes that ran above thirteen thousand million dollar a ,.-"; 'V-l'OV ';. At Wilmington, Del, three young ; men, eighteen, twenty and twenty three years old, were lashed la pub lic, a crowd of one hundred look ing on. . 'YYYYhY'Y'yYt-SP i After the lashing,, on the bare jack, the ' youth began ' ten-year prison sentences for burglary. The lean frightens criminals more than Imprisonment, aa was ' proved' In Xondon, where an epidemic ef "gar rotting" ended as soon as the lash was used. But what will be the mental state of those young men when, they leave prison after long association with experienced crim inals, and constant brooding on the humiliation and pain of the lash IngT . "!' . Y'-iY,v, Can It be hoped that they win t reformed, or be anything except confirmed criminals, ' and- enemies of society I " ' . -r ' A learned erman says he has discovered the source of "cosmic rays" that bombard all space,1 con stantly passing through your body, although yon don't know It driven by the terrific energy of billions of volts, i The professor suggests, that the bombardment, may occa sionally break down a few. of the atoms In the human body, thus lowly changing heredity. ' That sound like great deal of trouble, ; to change heredity, .which depends, really, on the right girl ' choosing the right kind, ef lather for her children. , " Doctor . Sukenlk,' professor ;. of archeology In the Hebrew Univer sity of Jerusalem, has discovered graves tflx thousand years old, that CO far back of Moses and Job and others well 'known. These graves were dug, and filled, long before the Jewish nation had made Jerusalem their principal dty, when other,, earlier races Inhabited the site of "old Jerusalem." , ' Talking into a telephone In the iWhlte House, with ampUflers at the other, end, -the President greeted six hundred members of the Hol land society, at dinner -, in New 1 Tort; He felt pride In contribu tions made to this country by the '.-: men of Holland through three hun dred years. The Boosevelts are of ' Dutch origin, but unlike his dl tant cousin, Theodore Roosevelt, . - the President did not recite any - v childish Dutch poems about cows In "the kopjes." To know what the ' old Hollanders really were, els fight ers and "stayers," read Motley, ' Names.; that sound strange to Western .ears figure In the case of Tony -Fon ; Lew, Chinese ' doll erlde." She end her alleged fa ther, Mr. "Gin Lem, are accused of arranging marriages, taking money, and (hen not marrying. - " ... : Mr. Keck. Lew, Gee, angry Chi nese: merchant, says he' paid $1300 , ' to marry , the toy bride, but. got no . ride,' Other Interesting names fig- vre in a . discussion; ; that almost caused war, between the ' Los An- ' geles Hop fling Tong and the Four .. , ramUles AsewtaHon, .' . 1 ; T . - ' Chinese names sound strange to 1 ... oar ears, - but Jones or Robinson would sound ridiculous to the Chl- nese,. Fon Lew end her pretended father ran away to China, but will be brought back and. Gin Lem will be tried for violating the. Mann act The Saar plebiscite, as was cer- i tain In advance, proves to be so- perflcially a victory .for Hitler. In reality, Jt proves the devotion of ' Germans to Germany .under any . eondltioney.;-.?,:'-' With the DoDulatlon of the Saar more than ,95 per cent Oermaii; voters were . asked whether ' they "v wished once more to resume Ger- man citizenship, throw In, their lot ' .with France, or remain suspended In the. air as wards of the League of Nations.;- It was certain that Germans would vote for Germany. .- Our national defense authorities are delighted because a great Amer inin new Diane - labeled XP2H-1 flew nonstop to the Canal Zonefrom -Norfolk, 2,000 miles,. In 25 , ooors Amelia Earhart recently flew 2,400 mile In 19 hours,' alone, without sleep. ." ' And a Russian plane has flown 7,500 miles nonstop. Uncle Sam. to equal Russia, need only multiply that. 2,000-mile, non i'np flight by three, and add 1,500 j i a to ti.e tJtaL & Kins F -" ""!!, lae, '" die 's Four Elllion .sJ Through House Af::r i ILiuptmann Takes StaiiJ ia Own L By EDWARD ADMINISTRATION forces. using steam roller tactics crashed all opposition to Jam the President's ti.SL'O.OOO.OOO relief program through the house. Efforts. to flght-the grant of such .unprece dented authority to. the President , were unavailing as 5 the White; House cracked ' the whip over .revolting rep resentatlves. Final vote on the meas ure Was 328 to 78. . The vote climaxed a furious eight-hour debate on themeas- President Roosevelt ore.: Members attempted to attach amendments ' which would protect private Industry from1 government projects which might, be launched under the relief , plan. When this failed they endeavored to allocate the money for specific purposes.' When the debate bad reached Its height ' the President sent a mes sage to the house declaring it would bs impossible to segregate Items for which the money would be ex pended, but that the huge outlay of suma would be devoted to publte projects and that after the immedi ate crisis: of unemployment had passed it was his hope . that the. country could set aside 500,000,000 a year for the "national plan.". . The White, House- message was the signal for 'the Democratic maV Jority to push the message across with little change from its original. form. On the final vote 20 Repub licans voted for ; the bill.' Seven Progressives and three Farmer' Laborttes also registered affirmative votes. ; Ten Democrats, five , from Georgia, three -from" Virginia, ' and two from Indiana, voted with the opposition. i f " Because of the gag rule 'adopted by the house, only amendments .of fered by the appropriations commit tee could be considered In vital sec tions of the measure. 8uch minor amendments as were decided upon went through . without serious op position. :i??''&:ik?r',X' One of the amendments striking out a list of projects that might be Included in spending the $4,000,000, 000 and left the vast sum to be used for "federal or nonfederal projects" actually broadened the powers of the President The 1800,000,000 will be used at the President's discretion fori relief purposes while the pro gram Is being put Into effect -' s Another amendment struck but a subsection wbjcb gave the President authority. to postpone the end of any existing government agency. This was a move .to satisfy certain Dem ocrats who were opposed to Secre tary Ickes, and hls.PWA.program Which expires In 'June.- Another clause granting authority to the. President -to acquire personal prop erty by the power of eminent 4 ' main was also removed as waiihe, section granting the Chief Execu tive the power to impose two years', Imprisonment on. any violator. The only other - amendment .which, suc ceeded In - passage was one -whjch -provided that ' an . accounting ' be made for all moneys spent-. Minority Leaner: Snell attacked' the bin declaring that ' the money; involved amounted to one-eighth of. the national Income,' and that the house waa entitled to know what the money was for.- Later In conced ing the minority's, defeat he said that tf the- opposition was' free 'to speak Its njind, the bill wduld be de feated two' to one, but that .tinder the executive lash, there was 1 no chance of ,defeating.lt.;-j .;;'y XJEW DEALEHS sighed with re lief -es the Supreme court re cessed nntil ' February 4 without handing down its decision Mn .tlje gold cases,' thus giving the adminis tration more time in which -to "pre pare legislation designed to handle the situation In the event the" court renders an adverse decision.., , ? ' ; At the same time the court prom ised to decide h. ease presenting a clear-cat- test of the constitutional Ity of the national ; recovery act, and; which will have considerable effect upon the ultimate fate of the already bedraggled Blue Eagle. ,; EGISLATION which would per J mtt the small Investor to buy government ' securities and- . which provides for radical changes in gov-, ermnenY ..financing Baa-, been Intro duced In the house by Chairman Donghton of tlie house ways- and means committee. V "?;v ;1 . ;; ' .. The bill prepared by the Treas ury department, places', the admin istration squarely against inflation.' It provides authority to raise money necessary for . the; public ; works, social security and similar meas ures, 'meev' federal deficits, and might even be used to provide funds for payment of the soldiers' bonus. Dnder provisions 'of the measure there would' be ten-yen r bonds' In amounts as small as. $25, and as ex plained by the.. Tre" V ; nrt. 01' Y. poll r : VV. PICKARD ment, would, be sold .below par. 1 There would ' be no lilterest, but each six months the.. bonds would appreclpte in value at the rate of 24 ' per cent plus compounded earnings. . . - Huge -'sums ' are Involved: - first the creation of . a -revolving bond authorization fund of $2,500,000,000; and.second, the consolidation of the two present revolving funds of $10, 000,000,000 eachlpto a :jolnf $20, 000,000,000 fund , for bills, certifi cates and notes, 'v ;:;;.; -;-vi;:.v'; v XlAR flamed again In Manchu. T kuo as Japanese troops struck suddenly at three points In Chahar province In northern China. Three fortified cities were shelled, : and there : were Indications, that:- the drive bad . only begun. .';'-v-' . ' .The Japanese' attack came as a. surprise since. It was ( reported that negotiations for a 'peaceful settle ment of the dispute over Chahar province had been nearing a suc cessful concluslan. .' Japan had as serted that Chinese- troops lh Cha-. bar had Invaded. JehoL, . .". ' . "r Military authorities ' declined. to announce, the real' objective of-the drive.. The district . which . the Japanese' troops occupied Is about .150 miles long by 80 miles wide,, and 1 la said Tto, contain valuable 'gqld mines, .- . . f .. Japan"' i action - Is seen by " Chi nese leaders as a determined gee-' tut to Intimidate Mongolian princes ef Inner Mongolia and. to cut th overland ' route connecting pelplng with . tJrga, capital - of Soviet controlled Outer Mongolia. Yi , ' - ' ; The situation Is viewed with con siderable ' apprehension ' by, Soviet Russia. , The driv, will .trina Japanese military operations .Into direct contact, with the borders Of Outer Mongolia, and practically.' all high officials of tle territory who' hav,e .been attending the Soviet an1 nlversary ' celebrations In 5 Moscow have hurried -back to 'their prov inces. '"i;.'' t i'- XHmFACTD, arid'er the glare v v ' 0f. th conrtroont llirhtR.' but an- parently coe), Bruno Richard Haupt- ,1 mann took .the stand to begin his .ngbt torture.. 'The llt(le Flemlngton ' (N, J.)' courthouse was. packed a the man accused of the murder of the first born son of Charles ,A. Lindbergh began - ma , testimony wqicn he appears .'' confi dent will save him from .: the electric ..H Bruno- .'.. caimly,hetojid"of Hauptmann,. hls earjy Ue, 0 bl8 war $ervlea,tand admitted that he bad- once been convicted In "Ger many. . His thick, guttural voice 're-sounded through the room ashe re counted how ;he. had nde three. ab tempts to ehter this country before he was successful.' - ne.was-.succegsnu. - . Under thq 'smooth questioning of Chief Defense, Counsel Rellly he re lated the details of bis life' up until , the Hme of the, Lindbergh baby kid naping; and then proposed the alibi npon. whieh he is Apparently relying . for, acquittal.'. ;'; .:,;.;';-' iYf .Bauptmann declared, that on the night of April 2, 1932,; when 850.000 . was paid to'.a man. In St Raymond's cemetery, New - York, . Be,'; his; ' wife gafl a map' named Kloppenberg had , een at home until about .eleven o'clock andthat,he did, not leave his I nome't,al(. that evening. He alsd denied that oe baa been absent rrom work oq the day -the kidnaping took place, i ' V 1 '' - .' ' Two witnesses Introduced by the defense to esiabllsh Bauptmann's alibi were not entirely, satlsfacr. tory. Christian Freferlckson, Bronx, bakeii sajd Bauptmann's wife had been 'employed In his store.' as a Waitress and -counter girl and that--the. aecused had called for her 'on the night if March L Upon cross . examination - .however, .he . utated that he was not. sure, hot that-.lf innat have teen so" because It was Hauptmann's custom to calf for his wife whenever she- worked' lflte ' ' Mrs.' FrVderlckson also stated that' Mrs. Hauptmann worked late on the night of March V but was unable to. say 'whether Hauptmann had been at the bakery. She stated, however, that she had seen Isador FIsch, fur rier friend of Hauptmann Who died in Germany, on the eve. of his sail ing fur Germany. In NoVember, 1932. She said Flsch! displayed a large' sum of. money,, but she -.was -unable to s&y whether It -was In greenbacks- : n m t it t 1 or gold ceftlflcates. . - ',r' i '. -: Threnghp'ut Haup'tmahn's' testl: mohy Colonel Lindbergh . continued to-stare at him.' During the court session, Lindbergh reiterated his be lief that Hauptmanh's voice was tlie same as thaf -'of the .mysterious "John who bad hoaxed him out of the ransom money '-nearly, Jl"-4 ypfil'S B,fO. . ' ' ' d ' u. g 1 wiU be j 1 ielt , In ' a d. be 'sent pw- indicated 1 ci alnistratlon. stri; jries bf aii fur - States, th tion tne 'to tl ' Ice, , :g ; a ' huge ble iong , the 1 wl. lent approves. 1 construction i bn : i-port Just -ni t' ion commls :j. t la i f the commli '--a t J- ,ie to a comtn"- 1 fi ) . r ship to the toif Z iwOl. Start, regular traii- rvicft wltiiln' a ew ,WP . Yi'T "' ' 1 : : f bases along the Pa ctflc f: ic e'oasta will , make A me ablevto air attack, the c;-. 1 believes,, while -the addition - 3 planes fp the army and nav. vice will' bring It up to-, far n an-' the existing fight ing etres 1. '-Ai-'::-Y'('-'-' ".The-' co ' ion' has-' also recom mended o. h of a special flve . man avla'.i,,i commission1 to- fegu late. Civil a Jbttea,' ' ' ' '' W,' pOSSIBiLirr of a move by "the 1 Italian f overnment to -make 'a protectors- out of Ethiopia was seen by can .statesmen. 'Ex ploitation of ihe an nouncement of the' slaying of a French SomalUaad admin Istrator and 86 French colonial em ployees ana' Somalia; was. said- to Indicate that . a movement' was on to.r' Italy to take over the moun-. talnoue' Af r I e a n . kingdom to restore order.-' The consent of France and Great ; .Premier "Mussolini Britain ' tp - the plan- has been ob tained. : rVfc'it, v-;'Ji'v:; ., -' Ainumber' of recent developnients ' Joint toward some-action' 'by' the talian gove men t Premier. Mus solini recently took 6ver ,vfhe - of fice 1 of minister - of -colonies;:' Gert Emillo ae Bono, -f order minister tit colonies- was named high comnils sloner of Itallap East Africa; mill ary roads hav.e been 'constructed, through . Italian. Sdmallland to, the Ethiopian frontier ; and "the . ItaV, tans have recently taken over ' big ger share 'In, the' operation' of the Djlloutl and Addis Abbaba. railway, wits) French -consent rf-.'',v'-i. ' Recent . hlBtory affords a ' num ber ; of 'precedents r for .the Italian government to 'follow., Japanese In tervention In "Manehnriawas .'to' restore Or'er iaad' -reducei; Chinese banditry," and Italy might use. the .excuse 'of .reducing Ethiopian- ban ditry as a reason for invasion. The British action in Egypt and the Sudan, and the Trench subjugation of Tunis, also offer parallel cases to .foiibw,v;?' ' t j,;' -iV i1 iWar W Ethlepla""wouJ4,'lnv01ve 'considerable expense due. td the rug ged' nature of the country, and this te' seen, by .'some as a 'reason ' why the- Italian government has "not act ed: sooner.' -The Ethiopian emperor has been' buying, 'ail the--arms and tnuhltlons Je 'can; it has-been Te ported, r'ln preparation .for the Im pendlng trouble. ',s.ti' y 'APA'S-foreign fmInfster,,'kokl l . Hlrta,- - warned , Soviet " Russia' thatshe. should-stop" fortifying tiie Siberian.'' frontier north of .Man-, chukuo 1 , JMendly relations -are-, to be -continued, bet ween the,; two couo-, tries." HIS remarks,' made In1 n ad dress before the Imperial diet 'had special significance in vjew of. (re ports that Japanese troops' are In vading Chahar province to prevent Sovletlzadon-of fhaf region. : j'' .. Rpislan fortlflca0ons'ln the Far East,' paadcularly . of. the .strategic cro'sslngs S thrAmur.'river, ar? be coming' Increasingly. irksome to the J I, Japanese' army In Mrinchukuo. Other iwvjvvt fry WUU .U, .11 IB -t Ing . ' are dOnble-traeklng 'of -. the Trans-Slberla'tt railway to. Vla'dlvo-' 'itok and renbdllng, of the strong fortifications of that Pacigc port Hlrata also referred ' to the So- ,Ietliatlon 1 of ' Slnklang, the. huge,- sparsely settled pmln- of - .north China, .which adjoin, the Russian-. controTIed regions of ' Mongolia.. ' - Government ofBcinia In Washing ton were rfald-. to te favorably im, pressed '.with part of, Hlrota's, ad dress which; referred to Japan's de fre to aypld- further expansion or armament -' It Is hoped- that 'ne gotiations win be resumed soon for another agreement' to' replace the renounced 6-6-8 rafio for the United States; Great Britain, and, Japan,-,' Y''YS::-Y'Y .'V .death- toll - continued to A mount as reports seeped In frqm nonnweptf Mississippi sna csonn w'est'v Tennessee wi -re the tu'rU.i) leht ,'Coidwater rlvor was 'a- raging torrent '. threatening , tlie lives and property o', thousands In'lts march jo the Tallahatchie l asirtw' : ; v Freezing weather nd Jed- to thf snfferlnit of thonsni 1 driven from 1 their hornes." Wpr' ers tolled to res fcue as many as po- ole of thbsr who bad been tnnr -on.ed. on ropi tops a'nd trees." A' number. of communities,' have I n . evacuated because It Is,. ff 1 I the waters will continue to f -ill.. ' Appenls for additionn-l .h p ! i csi rin r for fh( hon-i-lc's ha- f ' ' n " ' bv public i-'ils. bs I . ';-3 k! ,h;i - rn-bed t ' j . -: - l.- t r j "v S :;1'C". t X jvf"j siuie buck 1 f 1 ") t J t rl -1 c t cf t: a i J a W. I .ilI.i s. 1- ' v -.- '.er cf tl.e b x 1 mebiis coH'nili! i-e, v, is d -ul with Lai.;. r, 1 t!e linportuuce of 1. ;i v ' (.1 subject Is due not 1 I connection,' but to i In the ho.-.-Ji.s,.p'iiJ t ' " 1 1 ' is very o'vlouii!y t 3 i. . for the Trensury - t. , No one In tlie t.'e,. j,l a I o retary Morgeutliau c ah, e-.l l--cludlng' Comptroller t,f t';e Ci-'t.ii-cy J. F. T.. O'Connor, Is tuH.hig on this subject at all. It Is not a sub ject which lends -Itself to tnuth open talking, for to advonite euch a change -m. to antuRonlise (not .only the stockholders, o. -:rs and direc tors of all the state banking Institu tions, but the 48 state banking of fices. The latter Bee in any move to end state banks 'a threat at their. Johs. And some; of them are quite Important! politically. , 1" ' f :- . But down , underneath, the admin istration ts strong ! for a -"unlfled banking system, for much the Came reasons, as voiced by McCormack. And f If . treasury offlaals see a chance to get the desired legislation enacted they will come out for It strongly. They have several Influen tial members of the house, and sen; atft talking their 4arguments-rFith-out Official authority and'. trying to' find. out what .the "chances are., '; ' For in the nature, of things-the administration would much rather -this ' particular -move .originate In; congress than to demand-It And' It IS not vital enough to President Roosevelt's program .for ' him to turn, the heat on members whose connections back bom would make It. politic -for them' to; oppose the change.j'.' Y'iY Yn----Y-Y : ; "The , present V-depresslpn -r'has sj6wn the weakness of the present banking structure," Sir. McCormack told At writer. "The tonHtct-.of law andof supervision Is responsi ble fof much of our banking,; trou bles. The idea of having 49 author ities granting charters to' banks is absurd. The Idea of 49 agencies ex amining banks to see. If they are soivent and are complying with 49 sets of banking laws, is ridiculous.': Requuce Federal 'Charter- -' 1 Yt ..would force' every tank doing a commercial business to take put a federal charter. in fact J-. would permit no bank save mutual savings banks to do. what la ' normally re garded as a banking bpslness. Then all the banks that loan, money com mercially wcnld have similar char ters, granted undtfr, the same, laws .and- by the same agency ef the gov ernment, and all ' would be 'exam ined by the same agency.' It la not Just a question of . ecohjmy.. That is Important enough, but the- bene fits of tiio change . far transcend that, . I am, hot discussing 'the central, bank Idea; orthe -authority of. the' Federal: Reserve, board ovei1 the 12 regional banks,; I am . considering , simply the question of granting .barters," and- of -examining the oanas wnicn loan money ra our ciu itens.' 3-v'r --'i, ',':;---;.;''-'' -f!i" am strongly' In favor .of 'our dda) system of government nation al rnit otata. anil J . would ' leslst - .strongly .the encroachment 'f- the iederal, government in the rights, - J . . .1 A inncuoos vana mnruiyiuTn ui. states.' But times and . conditions change' It Is" no- longer : the ase that what .-happens to o'ur banks in Boston 1s' confined, in IU effects. witnin we state lines 01 iassscn setts. - 'Yt'YYX ''"".'v. '''--,'-v'.-' : . ; "Anr ten-veatMold , child . 1 knows that If a group of bank's, or perhaps 'only one Dig nana, snouia cioe in Chicago, the'.reverberatlons would affect -.business harmfully' from Maine to California. The people of Oregon have a right to. have, their national '; government; protect them -from barm, which may 'tome to' them through reckless banking 'to Florida. : , , . ' I V-.. h "t meet men -who ' oppose this changet y In defending' stat? rights they ,ask. me If I Would jhave the -federal goyernment take everrcpn duct of the schools also.- It seems to me that the line, of demarcation ' Is very' clear. .' Of- course I . would not 'want to Jave the "federal gov ornment take ever 'he confluct of the. schools; '- ' . .V flr-YYY "Suppose anything-'! imaginable that might happen In 'the schools of my city, of Bostona.- strike -of the pupllst or tlie Inclusion of some, debatable subject In the cun 'urn. Or whatnot How could thin pos sibly affect 'the people! oft Ken tucky?. Or Tojms? . ' '.'But If, two or three big1 bai! a in Boston -failed, .every ..bank in those states, and every other, si -i s, would be 'affected, seriously,--and et once. -And j e f 'ires nil 'la d-ie -ent.lre'y t 1 rf1 -K tor, t li it fv.i (i "1 i-Mim' c of t'i"-e t i I ' .'! I 1; ' t ' ' ' i) t 1, i i-b- , 1C- ir not i con r "t .1 wt t- i h .n '-a Ij le- ; i:l 1 1 a r t i ,, t (-3 to I; Jive t -3 1 -i y t - ; 1 1 1 l i i-rvn I. ,. id o r 11 re g'omj baiit.s nia-ld a l i t d -ul stronger. - '"''- The fact fs the aim of t' f- ad-' mlnLMillon Is not ver C "t fiom t: e purpose of tl.e ! .a tor Ncl.-n W. Aldrlch of . ( I land, Vi hose . central 1 ban's . rLuilies were actually the Basis of .Use fed eral reserve system.-. .'. r. ',( ' "When the Democrats came Into' 'power in -1913- they rewrote the Aldrlch blll'glvlng .him as little credit as . possible.' ' They did not change the fundamental features very much, hut fa several .spectacu lar details they varied it One of the most Important details. In' the minds of "the Democratic framers,' including. Senator Carter Glass, then chairman of the . house banking and currency committee, and' Senator Robert . L. Owen of . Oklahoma, then , chairman of the senate committee of the same name, was that Instead of, d'ne central reserve bahk they made 12. -" ; . ". - :Y;':Y-:-: " X Carrying their ldea'-of-4ecentrak' ization .es far as possible, they gave a degree of independence, to; these -12 regional reserve banks, 'which has often irked the federal board since, and for thatmatter, various Presidents, ' who found themselves unable to control the policies of the Individual- reserve banks as much as they -would have liked.,' ; -: Dearlng In. mind 'tnat one; of the objects of the new system was to get the financial control of the coun try away from New Tfork, and down to Washington, it. la rather .curious that the reserve bank which has given' Washington the .moist trouble ever since , has been the New York bank.. Headed t by strong-mtrtded gentlemen,' who knew 'what they wanted. -and had firmly fixed notions of what was -best the New lock bank; again and again disregarded" the pleadlngi even, of the federal . reserve authorities. , , t , t s . Irks Reserve Board , ' ... V I.. -....,, - " . -' ResevoVboard members still re member with anger - the stubborn ness of 'tiie NewTork bank ln ;the early ; days .of 1029, when the ' re serve hoard was -doing Jts utmost to stop' tne sensational rise In prices oh the- stock exchange,- .This effort backed by President Hoover, proved futne .What' would ihavev happened, if the" New York, bank hadieen un der the control n the reserve board; 00 onfiTs sure. - But.as good an il lustration , any other Is that Uie federal board began trying to hold down speculation when American' Telephone was around 225, Where as the doom gayly continued until' this stocg toucneo 8i, . -j ,' ; ;, .' . Many, contend that anything done at that -time, would have,' been' fu tile so fftr as' heading Off the crash Is concerned. But' the -present ad ministration wants to' be able to control ' the reserve , banka-to; be able to give them orders. ' v Thl Is not the. same as the cen tral bank Ides s,bptft which so much has been said, and which Secretary I Morgenthaq has advocated. 60 far V . , . . , , .... 1 "HuuJ uiere ia no luuicuuuu.ujav .rivai dent Roosevelt has been convinced of -the. necessity of this. On the contrary.' al' Indications are tiiat he ts -cot for It ' " Soldier Cokus ; - .v The very top figure on which the administration Is willing' to compromise- on the soldier, -bonus la $1,200,000,000. So that the flsht Is to save sbm'ethlng like $1,000,000,000 nior& -Friends of Prtesldept Roosevelt-say the sky Is pretty nearly the limit to which be is, willing to go In fighting to hold tlie bonus 'figure at $1,200,000,000, ' :' ' If the bill which should pass con-greas-exceeda that amount the Pres ident will veto It, beyond any d;oubt V The"nex$-Btep,'js not much' In dis pute among those ' who have can vassed the situation. The house w.Hl passy the bonus 'bllt In," whatever form It mny'be by that time, 'by more than tiie necessary two-thirds ninlorlty to enact a measure overt the. veto. . . The onlv douht Is 'as to ti e scn f e. t rleniN of the el a bi e conn.lent thnt t1 ' v v.i. 1 t pre.i-nt a -t ,o tl '1 't n f r a bonus' b' .1 Im r'thi 1 , .J,. '1 j t 1 1 f 1 cm- v t mo CO!' Ing ! , they ply Is capoclly 1 1 .favon!1 . endure tu AU'tL by. those of ' - ders, snali s 1 1 like, 'The winter ! fthelic and-Its fast, will 1 r from t four months while a v -defy chuck fasts for: -1 ii a - than 'months Without any kind of bV ment", Y ... '; -; ' .' , .. YiY j Th Fallen Mighty.' ' - A nob suit oa hlslack, a Sl.C'O ' -deal on his mind and his lunch his pockef. That's WaU Street tod,- Stock Market Technique. ',, ,...-' If You ' Eat StarcIieS' Ili!3, Swett3 Read TIJs : TJ.eyM Alt KgummnrJFnOM -m$Mt Aft Acid Fftming. Y YY Sttmipch." At Tim. .Eatyw - : Doctors say that much of tlie so called "indigestion," from whirh so many 'of os suiter, is really mid i 1- ; digestion 4 . . brought about by too 'many acid-forming foods in our . modern diet And that there is now a way 10 reuevo wis . . voiu;u n minutes! . .-' : ' . Simply : take' Phillips' Milk of Mannesia after' meals.. Almost i n-. 1 meu.aieiy vnis acts 10 neuiruiu ' stomach acidity that brings on y r trouble. You forget you -tave , a at Am :.,-h I" : ' ' - ' Tnrthis Inst oneet Ttitf'"" C.a famular liquid "PHILLIPS' er. now the convenient nag 1'hii V 'M.'l, f Htnmaia. ToV,lt V-,, I . . Jure you get Genuine "1'iilLLl- S'".- AlsolnTalilett'onnt Hiilllpj'Mllkof MwmiTNfH ar now on sl at all drug Itona averywiNTV. cac.ii niny tablet is t) cquiva- -Imt of a teaspoonful " Of. Gnuin Fhiliipa . ivuia oj Aui0iaia. , Phillips' 4 cjfi.af: 9 ' smtst re- TJ your kidneys faction t''y X and you have a lame, act. -ne back, with attud. of dte. burning, scanty or too fre -it -urination, getting tip at li. nt,-' .waIIm, at, -1 .1,1 vlian r,, 11 , ti,' nunou u , -nil.,,- , .UVMU.1- v- pains .-. ,.UBe Doan't 1'illt. - - Do'n' are e i..u..y for po ,!r functioning khiueys. Million" ( boxes are used -v-)y yenr. lii. ' are reoommei 1 t ,;e country ov?,i. Ask your. tie . -rf . . ; . '.. To, r r- .- ' 'IP Pi . r . "ill I'- I' t - 1 ., -, ( . I 1 i ' tttsr-m : J r ! CI-.. " ! Wjnllt t, . - -. i: mom