; , / ' v. ''J The Alamance gleaner 1 '???'/V'lraiB ' ' ' ' '? ? ' ' '? U- \ . J . ... j| ? ? ...... i W . I . ? .... i ? . .... ^ ...... ' ^sji VOL. LVII. GRAHAM, N, C., THURSDAY AUGUST 6, 1931. NO. 27. News Review of Current Events the World Over United States Steel Cuts Dividend Rate and Will Reduce Salaries?Germany Now I3 Helping Herself. \ , By EDWARD W. PICKARD In ITNITED STATES || ^ Steel, generally | regarded as the ha ? rometer of American ? business conditions, I went on record when ? the directors at their I meeting Jn New York I reduced the quarterly H dividend on common stock sharply from $1.75 to $1. The new ujviuenu ruie uiuuuuin j J. A. Farrell to $4 n share Instead of $7 and Is the lowest paid by the corporation In sixteen years. At the same time the directors dealt with the wage question through a recommendation that salaries of of ficers and employees he adjusted, leaving It to the management to de termine the amount of reduction in pay. There was no mention of read justment of wages and the officials would not comment on the possibility of this action, but in some quarters It was thought the directors were au thorizing the first move In a program that would be extended to labor In case this became apparently unavoid able. President Hoover's administra tion took occasion to repent Its plea that- there be no lowering of wage scales In key industries and of living standards, and President James A. Farrell of the United States Steel cor poration has been regarded as one of the stanchest supporters of this pol icy. The reduction in salaries, it is un derstood. will be put Into effect as soon as the adjustments can be worked out The proposed cut will be applicable to all salaried employees and wijl average about 10 per cent. It Is believed. One rumor is that some of the higher executives will accept larger reductions. President Farrell himself is in this latter category. The exact amount of his salary has never been made public, but one guess places it between $100,000 and $150, 000. The reduction of the dividend rate affects more than 200.000 stockhold ers. Steel stock is owned and traded in throughout the world. Wall Street took the news of the directors' action quietly, though It had hoped the divi dend rate would be placed no lower than $1.25 a quarter. FOUR more bold aviators success fully crossed the Atlantic ocean, though the first pair were far fr9m reaching their destination. Hugh Herndon, Jr.. and Clyde Panghorn took off from the New York municipal airport with the Intention of flying to Moscow and thence around the world. All - the way across the ocean they flew through dense fogs and they were compel ted to land In a farm field near Cardigan. Wales. They went on to London and continued their flight from there. Russell Bonrdman and John Ro lando. who left at the same time and from the same airport on a flight to Turkey, were more successful, for they landed safely in Istanbul, beating the non-stop distance record established by Coste of France. COL. CHARLES A. LINDBERGH and Mrs. Lindbergh started from Washington on their long and perhaps perilous aerial Jaunt to Jupan in their big scarlet and black seaplane. The first hop. which was intended to take them as far as North Haven. Maine, where Is the summer home of Mrs. Lind bergh's parents, ended in Flushing bay. New York. In the midst of a thunderstorm and heavy downpour of rain. The next day they proceeded to North Haven, and then on to Ottawa. CHEEKED up by g| the encouraging m promisee and predic- Im tloni of Prime Minis- M ter MacDonald of jE Great Britain. Secre- M tary of State Stimson I of the United States m and other eminent m statesmen, Germany |S worked hard during ft' the week to reicue - oeraeu irom nnnnciai collapse. The dfstln- H,rr 8chm,tl KUlshed visitor* were received In Ber lin with uproarious demonstrations and were the chief flpares at haiiquets and conferences. "Britain's confidence In German; Is undiminished." declared Mr MacDonnld. "We are tilled with admiration tfor Germany and we are firmly convinced that If she continue* her efforts. If she exerts all her Intel lectual, moral, and economic powers to get oo her feet again, without glv Ing way to despair, uther nations will v ' > help her and not suffer her to go nn der. A free, self-respecting Germany is indispensable." Mr. Stlinson. before leaving Berlin for London, issued u statement In which he said: "The American people have faith in the German people and believe in their future. My faith In Germany has been strengthened by my visit here. I believe the present difficulties are due mostly to temporary lack of confidence and that through courage and renewed confidence Germany's welfare will be restored." The German government announced the formation of the "Acceptance and Guarantee" bank with a capital of S48.000.000 to facilitate the Immediate financial transactions of the country and to make possible the re-opening of all German banks. The Reiclisbank and eleven other leadivg German banks guaranteed the credits to the new bank. In addition to removing the restric tions on banking activities throughout the country. Dr. Hans Luther, presi dent of the Relchsbank and Chancel lor Bruenlng said they hoped the new bank would also help re-establish the closed Dnrmstaedter und National bank, and save other small banks now tottering. One important step taken by the government was the appointment of Herman Schtnltz to assume control of all German banks during tlje crisis. He was made controller of the coun try's financial structure with power to draft plans to stop the flow of funds from the various banking houses. Herr Sciimitz has been closely identi fied with the great chemical Industries of Germany. Considerable Interest Is evl ? denced in Washing ton In the political future and plans of Henry P. Fletcher, veteran diplomat, who has just tendered to President Hoover his resignation as chair man of the tariff commission, effective on November 15* Be H. P. Fletcher jng interviewed, Mr. Fletcher said tersely: "My plans are Indefinite, but I certainly don't Intend to go Into a convent." There were ru mors that he would seek the Republi can nomination for the Pennsylvania senatorshlp as successor to Senator Davis, but this'he denied. Also It was thought he might be appointed governor general of the Philippines. In view of the long experience of Mr. Fletcher in the diplomatic service and the fact he served as ambassador to both Italy and Belgium, there is talk that, if any change should be made In the office of secretary of state, he would be n logical man for the post Following the election of Hoover In 11)28, he was mentioned freely for secretary of state and for ambassador to Great Britain and am bassador to France. Long a friend of President Hoover, ^.he accompanied him on the good-will trip to Latin America soon after the Presidential election. NOItMAN H. DA vis, one of Amer ica's most eminent financiers and at pres ent trustee of the Bank of -New York and' Trust company, announced that hs had accepted a post on''the On a nee com mittee of the League fe of Nations and would I sail for Europe al most Immediately. N. H. Davl* Hti first business there will he to at tend s conference on European cred its which trill open August 20. He trill then tyke pert In s meeting of the finance committee early Iq Sep tember. He trill return home in Oc tober. and trill not be obliged to re linquish anj of his business Interests In this country, as the finance com mittee of the league is called togeth er only three times a year, each meet ing *h ? rule, continuing for only a few days. Mr. Osrls Is entirely familiar with Kuropean finances for during his dis tinguished career be has been a mem ber of numerous International commis sions and conferences. In 1920-21 he was undersecretary of state. ONK more report has coins from the tVlckersham commission It deals with the Anwrk-uu prison *ys tern, which It condemn* as Inefficient, antiquated, failing to reform the crim Inn I or protect society, and us using brutal and unjustified disciplinary measures. Much of the report is a denunciation of prison conditions, characterised as "almost Incredible," under which men are imprisoned in overcrowded cells without sufficient light or fresh air or benefit of modern plumbing. It attacks also the system of prison discipline described as "traditional, antiquated, unintelligent and not in frequently cruel and Inhuman." As serting these methods "contribute to the increase of crime by hardening the prisoner." the commission urges they be changed by law. Outlining what is considered the Ideal, the commission asserts segrega tion of the diseased, insane, drug-ad dicted and hardened criminal is one of the first Requisites. Under the proposed system alf pris oners would he paid wages, their treatment would be more humanized, the choosing of prison officials would be removed from politics and guards would be trained specifically for their task. It is advocated that "no man should he sent to a penal institution until It is definitely determined that he Js not a fit subject for probation." Extension of the parole system also Is urged as the "best means yet devised for re leasing prisoners from confinement." IN ONE of the most strongly worded opinions ever handed down In a prohibition case, the United States Circuit Court of Appeals at Chicago severely attacked the tactics of dry agents In entrapping offenders, de claring their methods to be "a shock to the court's sense of Justice" and observing that there is "an ever In creasing frequency of similar cases." The opinion reversed the conviction of five policemen of Indianapolis who last year were found guilty of con spiracy to protect a speakeasy "That there was a conspiracy to violate the prohibition law, there can be no doubt." said the Appellate court's opinion. "The conspiracy wai conceived by t he three prohibition agents, who enlisted the services of a decoy, Lyle. to more effectually ac complish their object." Horace Lyle, who managed the government oper ated speakeasy. Is a notorious colored dry spy who has been Indicted for I bribery and arrested several times for drunkenness. CARLOS IRANEZ, president and dic tator of Chile, who held his own through out all the latin American revolutions of last year, has fall en at last. The ?'man of destiny." as he styled himself, faced with a popular uprls & Ing that was all ar ranged, resigned ver Carlos Ibanez hn(jy jugt f,ef0re the time set for a general strike. The congress promptly accepted the resig nation hut apparently withheld the safe conduct out of the country which Ibanez asked. Therefore. In the early morning hours the overthrown dicta tor, accompanied by his wife and three army officers, fled from the palace In a motor car. At Los Andes they boarded a special train for Argentina, and It Is considered unlikely that any attempt will he made to bring hitn back to Santiago for trial. When ibanez tied, Pedro Opazo, president of the senate and vice presi dent of Chile, became acting president, but he lasted only a few hours, for the people were convinced he had aided Ibanez to escape. He. therefore,, stepped out Ih favor of Juan Esteben # Montero. who presumably will be chief executive until a president is elected. Montero Is one of the country's lead ing lawyers. Chile hailed with approbation the annonceinent that Pedro Blanquier. one of the most |>opular men In Chile, had agreed to accept the post of finance minister. His "bread and wa ter" policy during hts eight day term as premier has been accepted by most Chileans as a great step to rid the na tion of its economic distress. FRIDAY ajuy the belated dedication of the nlarble column at Put-In Bay. Ohio, memorialising the victory of Commodore Oliver Hazard Perry over the llrltlih In the battle of take Erie In 1812. The 330-foot theft haa been completed for 15 jenrs. tiut the ceremonies were put off from time to time until the present. Dedication addresses were made by Senator James Hamilton l.eivla of Il linois aod Oov. George IVhlte of Ohio. SAM C MAJOR, representative In congress from the Seventh Mis tonrl district, died In Knyelte. Mo., and the Republican majority In the next house was thus restored in fwo. for Mr. Major wus n Democrat, one of the twelve In lbs present Missouri dele gallon of sixteen, lie wax slxiy-ftvo years old and was elected to hi, flfth term last satanm. ?A mi Wtsrs Newspaper L'sIwli \ "Branding" Babies Ends Mix-Ups SCIENCE,through the ultra violet rajr, has discovered a means of safe guarding the Iden tity of new-born babies and It was tried for the first time when the Ini tials of two baby glrlswere "burned," by means of the ray, upon their thighs Immediately after their birth. The experiment was performed at the Shore Road hospital In Brook lyn, where the Ini tials - 1 s o were placed on the arms of the babies' mothers to make doubly certain that there would be no inli-up In the Identity ot the babies. The rays of a large violet ray machine are directed upon a tin disk In whlcb have been cut the proper Initials, which Is placed against the baby's thigh. It requires four minutes to bring out the Identification marks, which remain for ten days. The Illustration shows Nurse Therese Marc-Aurele "branding" Baby lrroa Wagenfeld. daughter of Mrs. Jeanette Wagenfeld, who Is looking on. Noih^CooKBook i 1 He is Indeed rich and enjoya, the fruits of his riches, who summer and winter forever can And dellRht in his own thoughts.?-Henry D. Thoreau. HOT WEATHER EATING DURING the hot sultry days of-mld suramer and early autumn the less of heat producing foods we eat, the cool er and more serene we will be, both physically and mentally. Calories pro duce fat, heat and energy. We need some to keep us pepped up for the ordinary activities, but It Is safe to cut down on the beat producing foods. Vita mins wc need, and so we should eat freely of fruits and green vegetables, serve cooling drinks and keep the body as tranquil as possible. I Children who don't like milk will often take It In the form of malted milk chocolate. If straws nre used, i The combination of straws and foam on the top of a glass seems to he Ir resistible, to the youth as well as those older. A fresh tasty sandwich with a cool drink of fruit juice or milk In various forms Is a lunch which will sustain and soothe the tired and heated body on a hot day. The lazy summer appe tites can frequently be stirred to ac tion by the sight of an Ice-cold dessert. Boiled Chocolate Dessert. Scald one pint of milk with four tablespoonfuls of sugar and one tablespoonful of cornstarch, and one fourtb of a tenspoonful of suit. Cook twenty minutes over hot water. Add one-half ounce of bitter chocolate, melted, two beaten egg yolks, cook until thel mixture coats the spoon. Chill, strain and add flavoring of one half teaspoonful of vanilla or a pinch of cinnamon. Set In a cold place to chill and serve with whipped cream. Macaroon and Chocolate Pudding. Dissolve one tablespoonful ot gela tin In two tablespoonfuls of cold wa ter and stir until dissolved In one fourth cupful of boiling water. When cold %dd to one pint of cream whipped. Divide the mixture Into two parts and In one-half stir In one-fourth pound of sweet chocolate grated and In the other half six macaroons, broken in bits. Put Into a dish In layers and set In the refrigerator for several hours to chill and harden. Fresh Cabbage 8alad Shred a tender Juicy cabbage and . mix wlfh It one flnely shredded green I,pepper, one chopped onion, a carrot 'or two flnely shredded, and add plenty . of gord rich mayonnaise dressing. The following is a. good appetizing dress ing and one that is quick to prepare ^nd always good. Keep a Jar In the ice chest to use on vnrious salads. Quick Mayonnaise. Into a deep quart bowl break one egg. add one cupful of vegetable oil, one tablespoonful of sugar and a tea spoonful of salt mixed with half a teaspoonfui of mustard. Do not stli or mi*- Add one-fourth of jb cupful of vinegar. In a saucepan measure two tnhleyiorifuls each of Hour and cornstarch, add one cupful of watoi cool or luke warm, stir well and sel over the heat to co? IV. -Art You Afraid of Hlm7* He Asked Innocently. like," he Interrupted. "He must be very big indeed If Boater Bear Is lfra?I mean respects him so much." "He Is," spoke up Jumper the Hare. "You hftve seen the horse that Farmer Brown's boy drives in the cornfield." Peter nodded. "Is he as big as that?" he asked, looking as if be couldn't quite believe inch a thing. Jumper nodded in his turn. "And on his head he has the biggest horns you ever suw," said he. "You *e Flat horns is cousio to Light foot, the Deer. only ever and ever so much bigger. He Is the Mggefct of all the family, and his horns are flattened ln steaiLof being round like Lightfnof's.** "If he Is so big as all that I don't | see what troubles he can have." de clared Peter. "Hunters." declared Honker. "They hunt for those big horns of his, thouga what they want of them. I can't urnler stand. They hide at the places where old Flnthoms goes to drink and fry to shoot him. They steal along behind him through the woods. They imitate the voice of Mrs. Flatlmrna. and try to call him to where they are hiding fo that they can shoot him. Just as they Imitate the calla of mv friend? and try to kill me. It seems to me that this is the meanest of all mean wuya. None but men folks ever dc anything so unfair as that. Oh. yes. big as he Is. old Flnthorns has his troubles. He doesn't feel safe a min ute. But onee In a while he gets even. He did a few days before I left to come south." "Tell us about It!" cried Peter. by J. O. Lloyd.)?WNU Sorrieo. ? 'ssffireii . . Old Gardener e*- ? ? ? * ? ? ? Say s:=ss Kock gardeners searching for choice plants should not overlook the lilies, for there are several low-growing kinds that are perfectly at home In such gardens. One of the best is the Siberian coral lily, which rarely ex ceods a height of two feet and has lovely deep scarlet, although very small, flowers. Groups of the Elegnns Idly, particularly the dwarf variety. Prince of Orange, are excellent In the rock garden, and I.ilium concokr is so hardy that It will thrive In Canada. These lilies should be planted the coming autumn. (ConTflKht.) ? WNt' S#rvlc?. Great Sprinter Frank Wykoff. sprinter supreme of the Los Angeles A. C.t photographed ( after winning the 100-yard dash at the National A. A. U. championships ' at Lincoln. Neb., tying the world's 1 record of 0.5 three times during the day. He has not been beaten this year. 1.HXHXHXWK. ^erG 'S ^'W Society's Summer Playgrounds jj; m wrnmmm THIS photograph taken from an airplane give* nn excellent view of the Beach dub at Southampton, Long Island, one of the favorite resorts of society folk of New Vork end vicinity.