Newspapers / The Alamance Gleaner (Graham, … / April 13, 1933, edition 1 / Page 1
Part of The Alamance Gleaner (Graham, N.C.) / About this page
This page has errors
The date, title, or page description is wrong
This page has harmful content
This page contains sensitive or offensive material
THE ALAMANCE GLEANER T " ? i--' ? ? i VOL. LVIX. GRAHAM, N, C., THURSDAY APRIL 13, 1933. NO. 10. , News Review of Current Events the World Over Roosevelt Plan on Farm Loans Calls for Two Billion Bond Issue?30-Hour Week Proposed for Workers? The Akron Disaster. _ F0IJX5WIN0 the reading of a brief special message on the subject from the President. Senator Robinson of Arkansas Introduced the adinlnlstra ^?? tlon's fann mortgage refinancing hill which, with Hie farm relief bill, la designed to lift the farmers not of the slough of depres sion. The bill provides for Issuing by the farm loan banks of bonds to the extent of $2.000,000.000, on which the government guarantees the inter est payments. The fun. Ihoir Senator Robinaon Aw I K ft uutiuo, tuts iiumicj ucinru iiuiu men rale, nre to be used by the farm loan banks for the purpose of taking over the farm mortgages on which the In terest rates cannot be more thnn 4% per cent. The expectation Is that with money available to settle with his creditor the farmer can scale down the prin cipal of his deht to a considerable ex tent. Henry Morgenthau, Jr., gover nor of the new farm credit adminis tration. believes mortgage Indebted ness may be scaled down in two ways. A mortgagee, willing to settle for cash or bonds at 70 or 80 per cent of the principal, could exchange the mort gage on that basis for land bank bonds. The hank then would refinance the farmer at 4H per cent. Or a farmer making a composition with hi; creditor could borrow the funds fdr settlement from the land bank. Opposition to the legislation revolves around two arguments. One Is that It will be an Inducement to farmers to default In the payments on their pres ent mortgages in order to persuade mortgagees to settle at less thnn face value. The other Ib that such a vast flotation of 4 per cent bonds would tend to demoralize the bond market nnd react unfavorably on hanks nnd Insurance companies with large bond portfolios. The maturity of the bonds Is to be flxed by the land banks and probably will be 30 or 40 years. Stated briefly, the main provisions of the farm finance bill are as follows: Federal land banks are authorized to issue up to $2,000,000,000 in 4 per cent bonds. Interest guaranteed by govern ment. The same banks could purchase first mortgages on farm land or exchange bonds for them. . The treasury Is authorized to sub scribe $50,000,000 to the paid-in sur plus nf the banks. Interest rate on loans on mortgages shall not exceed 4H P?r cent. A total of $15,000,000 would be avail able from the treasury to compensate banks for Interest reduction. The limit on mortgage loans would be raised from $25,000 to $50,000. Voluntary liquidation of Joint stock land banka is provided. A total of $100,000,000 of Reconstruc tion Finance corporation's funds is made available for loans to farmers for refinancing their debts in accord ance with provisions of the new bank ruptcy relief act. Reconstruction Finance corporation io authorized to loan $50,000,000 to drainage, levee and irrigation districts to reduce and refinance their debts. Increases the lending power of the Reconstruction Finance corporation by tCOO.OOMOO. TliK number of veterans to be af fected by the President's order re ducing vetcraus* benefits will not be known for some time. In one way or another it will be felt by practically all of the Spanish-American and World war veterans, and the widows of veterans of these wars now on the government pension rolls, because It reduces the rates on the greater part' of such pensions as will continue to be paid. ITiese reductions and those to he dropped from the pension rolls will be affected after July 1 of this ycnr. In brief, the order makes the following provisions: Payment of pensions authorized to veterans disabled by disease or Injury Incurred or aggravated In line of dtity In active service. Rates to be paid for service connect ed disabilities are: 10 per _??irt dis abled. $8 a month: 25 per cent, $20; 50 V-r cent. $40: JS per cent. $60: 100 per cent. $80. These are 20 per cent reduc t ons under present aids. Pensions authorized to widows, chil dren, nnd dependent parents of vet erans who died from disease or Injuries inc urred or aggravated in line of duty >n active service Rates continue as at Present. Payments authorized for non-serv ice connected disabilities and deaths Jf veteran* who served 90 days In the -Parnsh-American war. Boxer rebellion, Philippine Insurrection, and World war. Provided disability was total and not cue to personal misconduct. .? Ur allowance will not be made to unmarried peraona with Income of more than St.ooo a year or to any tnar r jo person or one with minor children whose Income exceeds $2,600 rfnalona of widows end child re o nf Spanish-American war veterans cut SO per cent. Excludes peace-time veterans from domiciliary care. Limits sharply emergency officers' pensions. BOTH the senate and house are con sidering a bill, of which Senntor Black of Alabama Is the author, that would establish a thirty-hour work Week. As the bill Is presumed to have the endorsement of the President and the special approval of Secretary of l-Abor, Miss Perkins, It Is expected to pass both houses. The bill would compel private In dustry to adopt the thirty-hour week and penalise Interstate movement of products made by labor working long er honrs. ? Black expressed confidence the bill would be upheld by the United States Supreme court The Alabama senator said the bill would not accomplish its purpose if It resulted In'reduction of wage levels as well as hours and expressed the belief that, if industry attempted to reduce wages, congress would act "I.a bor has been underpaid and capital overpaid," he said. Borah said he was "in thorough ac cord with the principle of this-bill and I'm not so sure that we're not going to have to come to It" His argument revolved around whether congress had the power to take action. THE country's great loss in the de struction of the Akron is not the loss of the navy's great dirigible, but of the 74 officers and men who went down with her in the storm off the const of New Jersey. Rear Ad miral Moffett, chief of the aeronautic bureau of the navy, who was a passenger on board, with bis shipmates up held to the end the (litest traditions of the navy. The wreck of the Akron, largest of Its kind Id the world, was the worst airship dls O Dtov In klotAwn TRa t Admiral Moffett tl.nkln I.si,* UIOIUIJ. J lie fill ailip LI (UIICU off the New Jersey const, twenty miles off Barnegnt lightship, during a vio lent electric storm, accompanied by heavy winds and high seas, dense fog and thick rain. Lieutenant Commander Wiley, sec ond in command of the airship, and the two men who were saved owed their lives to the chance that brought the German oil tanker l*hoel>us close to the scene of the accident a few mln utes after it happened. They were picked up Immediately by the Phoebus, whose crew saw others disappear be neath the waves before rescuers could reach them. The Phoebus cruised about the scene until dawn, but was unable to And any more survivors or to keep track of the wreckage, which was carried swiftly away by the seas. First report of the disaster was re ceived in radio messages from the Phoebus. Both const guard and naval vessels were Immediately dispatched to the scene of the wreck and cruised around for hours In the hope of find ing other survivors. The navy blimp J-3, taking part In the search, fell Into the sea. Five of its crew were rescued. The search was fruitless, and, in the case of the accident to the blimp J-3, was ill fated also. Determination to end naval air ship construction is mounting through a congress Intent upon find ing the real causes of the Akron's plunge Into the At lantic. In the senate King (Dem., Utah), pre pared a resolution calling for an Inves tigation of the Akron disaster and the con sideration of the ad visability of spending more than the $20. 000,000 that the navy c?. already has Invested Fred Britten .. In 11 g h t er-than-alr craft. Chairman Trammel of the sen ate naval committee also wns consld ering a study of the accident Chairman Vinson of the house naval committee has declared emphatically "there won't be any more airships bui It There were some, however, not so ready to yield beliefs founded during many years In congress. Many had followed llepresentatlve Britten of Illinois, who as Republican chairman of the naval committee for years had charge of most of the recent letfala tioe for airships, particularly that au thorlzlng the $8,000,000 Akron-Macon sister ship team. Mr. Britten has al ways declined to support those who thought lighter-than-air craft should be abandoned. Many members were undecided how far they wanted to go In their ban on airships. Vinson said he thought nothing should he done to prevent op eration of the Macon, which is to take the air toward tlie end of I he month. Nor dfd he think that the new dirigible base at Sunnyville, Calif., where $4,000,000 had been expended, should be shut down. Michigan is the first state to vote in favor of the repeal of the Eighteenth amendment. Wisconsin Is second with a decisive vote of 4 to 1 for repeal. Town and country alike turned out thumping wet majorities. Milwaukee, where the breweries are humming to turn out 3.2 beer, went wet by more than 10 to 1. Wisconsin's constitutional amendment convention will be held in Madisoix April 25. It is predicted that practically all the delegates will be committed to repeal. In Michigan, but one county elected a dry delegate. JI\ MORGAN & CO., New York ? bankers, are in for an investiga tion by a committee of the United States senate, and a committee backed by all the authority which that august body can give. Without debate, the upper chamber adopted the Fletcher resolution ex tending wide power to the banking committee to make the Inquiry.. into private banking which President Roosevelt has sponsored. The resolution was drafted by Fer dinand Pecora, committee counsel, with a view to obtaining all the sen ate's constitutional power over Inter state commerce, banking and tax mat ters for the committee. Pecora told the committee he had submitted twenty-three questions to the' Morgan firm and that on advice of John W. Davis. Its counsel, the bank ing bouse had refused to answer one and taken several others under con sideration. DESPITE the Hitler government's dropping of the boycott against German Jewry, the National Socialist party will keep its boycott machine Intact. Disappointed at being de prived of the boycott, Nazi auxiliary police raided a Jewish quarter in Ber lin. Accompanied by regular police, they searched everywhere for weapons and papers. Streets were closed and pedestrians were stopped. Even wor shippers leaving synagogues were halted. Persons not carrying double identification cards were arrested. The Nazi boycott committee head quarters at Munich announced that "all German stores in the near future will be supplied with big placards Identifying them as sfich." In this way the Nazis will distinguish between German and Jewish stores. A measure forbidding kosher slaugh tering throughout the nation has been approved by the reich's cabinet. ANEW suggestion for a prelimi nary conference of experts to be held in the United States to prepare for the world economic conference de veloped at a meeting In Paris between Nor man H. Davis. Presi dent Roosevelt's am bassador at-large, and Joseph Paul-Boncour, French foreign minis ter. In this the French see their opportunity of talking over war debts. Like the British, the French want to wan gle a debt settlement before the economic Norman Davit conference convenes. So rervlrl Is tnis desire that Davis expressed bis dis pleasure that Kurope. with Its very ex istence nt stake, should think of noth ing else. Mr. Dnvis feels that the Washington administration has made It clear that there are bigger Jobs to be done?re moval of trade barriers, for example. So with hopes of calling the eco nomic conference at an early date abandoned, the idea of a preliminary meeting to agree on what is to lie done and how to go about it is making headway. Premier Kamsay MacDonald plans to sail for the L'nlted Stntes about April 15 for a conference with Pres ident Roosevelt regarding war debts, world economics and armament. MOL'NT KVKHKST at last has l>een conquered. Two airplanes have flown across the summit and for the first time In history men looked down upon the highest mountain In the world. The feat was accomplished by the British expedition headed by the marquis^of Clydesdale. A pho tographer succeeded In taking a num ber of pictures which. It is hoped, will provide an authentic record of the con quest of the 2fi.002-foot mountain, on the sides of which numerous men have perished attempting hy old-fashioned methods to gain the honor of being the first to reach the lop. % lilt. Westers Newspaper Ualea, Gay Prince Carnival Reigns at Mainz I ?? THE gayest of all monarchs, I'rince Carnival, has been crowned and thou sands of citizens of Muipz, Germany, are enjoying the happy days of the carnival. The picture shows part of a carnival procession. I BEDTIME STORY FOR CHILDREN By THORNTON W. BURGESS A CURE FOR OBSTINACY JOHNNY CHUCK was stiff and sore. It was the day after the great fight. Johnny sat on his doorstep and he was In anything but a happy state of mind. In the first place, each sep arate wound made hy the teeth of Ued dy Fox had a separate and distinct ache. No one who aches all over can be in a very happy state of mind. Then, toe, Johnny was nervous. He kept turning Ids head every two or three minutes to make sure that all was safe behind him. That stone wall which had seemed such a splendid pro tection when he built Ids house In the corner of It now seemed a constant danger. Johnny Imagined he heard enemies creeping op on the other side of It. He expected to see the head of Iteddy Fox or Mrs. Keddy bob up over the top of that wall any minute. No one as nervous as that can be In a very happy frame of ndnd. Also Johnny was beginning to be quite honest with himself and to ad ndt that he wished he never had thought of leaving his tine home in the far corner of the Old Orchard. He w'shed he was back there. He knew i w that It was the very best place in all thj Great World. At least, it was the very best place for him. But he was still too obstinate to make up his ndnd to go back there. If there had been no one there lie wouldn't have ndnded. But Polly Chuck was there and Johnny just coiddn't make up his mind to go back and confess that be had been wrong In tlie first place. Of course, no one feeling that way could be In a very happy frame of mind. Rut what made him most unhappy of all was the fact that he was hun gry and all the time growing hungrier. He didn't go far enough away from his doorstep to get his breakfast, and he hadn't had much to cat the day before, nothing at all after the great fight. With longing eyes he looked over to the distant clover patch. After his ex perience of the day before he didn't dare go so far from his house. If he had been feeling all right he wouldn't have dnred to. StlfT and sore as he wns It was out of the question, lie couldn't run and he couldn't fight. He tried,.to eat some of the grass near his doorstep. It was thick with dust and so gritty and unpleasant to the taste that he managed to swallow only a little of It. So the morning passed and afternoon came. With ev ery passing minute Johnny grew hun grier* The hungrier he grew the more he thought of the delicious sweet clo ver which grew so close to Ills old heme In the far corner, and the more he thought of this the more he thought about going home. Late In the afternoon Sammy re turned to see how Johnny was getting on. An idea came to Johnny. He would ask Sammy Jay to keep watch while he hurried over to that patch of clover and get a bite or two. Sammy agreed at once. Rut Sammy is Just brimming over with mischief, as you know. Johnny was only half way to the patch of clover when Sammy j screamed. Back scrambled Johnny I Chuck as fast as he could. When he found It was just a Joke he scolded as only he can scold. This tickled Sammy Jay and lie flew away laugh ing. Von sec, Sammy didn't know how very, very hungry Johnny Chuck was. By the time Jolly, round, red Mr. Sun went to bed behind the I'urple Hills, hungei* and fear had quite cured Johnny Chuck of obstinacy. He would start for home the first thing Id the morning. ? 1931. by T. w Burgess ?WNU Ssrvlcs. season. Mix well and spread on but j tered bread. A layer of thinly sliced sour pickle will add to the sandwich Llvsr Sandwiches.?Hub rooked liv er while hot through a sieve, season with salt and pepper and mix with three-fourths the amount of thinly slices olives. Spread on buttered rye bread. Shrimp and Liver Sandwiches.? Take one cupful of cooked shrimps, one cupful of cooked chicken livers, one bermuda onion and one $reen pepper. Remove the seeds from the pepper and grind with all tbe other Ingredients; mix with a little mayon naise or chill sauce. Use on buttered white bread for filling. ?. 1333, Western Newspaper Union. Suspenders Go Feminine Ajustnble slide fasteners on the shoulder straps shorten the frock for actlre sports and lengthen It for cam pus or general wear. An elbow length separate cape of the shade of | the Jumper completes the ensemble I for street wear. APPETIZING DISHES IN THE spring and early summer green foods?fresn vegetables and fruit?are more appealing than more complicated foods. There are some roughage foods that are needed all the year round and an occasional use of hran In food, or taken In water as a drink, will keep the elimination good. For the children the bran may be given In small cakes, cookies and macaroons. Bran Data Muffins.?Break two eggs into a mixing bowl and beat with an egg beater for two minutes; add two- ' thirds of a cupful of milk, one-half teaspoonful of salt, one-fourth cup ful of sugar and one-fourth cupful of ; softened shortening. Add two tea spoonfuls of baking powder to one cupful of flour, add one cupful of bran, one half cupful of dates cut fine, and one half cupful of nutmeats cut fine Mix all as usual and beat welL Bake In well greased muffln pans for twenty-five minutes. Catrs Liver Sandwich 8pr??d.?Rub cooked liver with hard-cooked eggs through a sieve, using to one pound of liver three hard cooked eggs. Add ooa grated onion salt and pepper to IGraphicQolfI mac smith vljfc j keeps weight Jwf| \ sack on jfj & j avoids -v stippn6ss YlIVKMEES. ball not *fc*i PAR AWAV. tOy b>( r.16wt Planted 10 H9A.V. a ? t WEIGHT ON HEELS AIDS PROPER STROKE * - KEEP the weight back on the heels Is the advice handed out by MacDonald Smith. This allows the bod; to turn Just enough to prevent retarding the arm movement as the clubhead Is swept down and through with the arms. The shoulders are held back Instead of coming around to the left ruining control and power. To offset too rigid legs In this posi tion the knees should be bent slight ly. A slight give here also keeps the golfer from stooping over too far. A fault of golfers in general Is that they bend forward too far with the weight on the toes, a position In which It Is difficult to pivot properly. One reason for this Is that the ball Is often too far away, necessitating leaning forward to reach It. With the body back on the heels, a bet ter balance Is maintained and the weight can be transferred smoothly. Be sure the weight Is back on the heels at the start of the swing and that foot which bears the weight dur ing different stages of the stroke should be firmly planted on the ground. B. 1933, Bell Syndicate.?WNC Service. n GlBUOGP jta 1 - ? 1 "Two hour* in hit arms, teemi like only two minutes," says lovesick Lou, "but to wait for him on a street cor ner for two minutes seems like two hours." e lilt. Bell Syndicate.?WNU Service. CRIBBAGE By DOUGLAS MALLOCH HAI.1T of the game Is what jrou throw away. And what you keep, before you start to piny. And life's the same. Same sort of game? Much like a hand of crtbbage that you play. ~ Count up your cards, not after but before. Keep what will likely make the largest score. Some Joy denied And thrown aside May, at the finish, make you even more. Discard the useless from your heart and mind, The plans unworthy and the thoughts unkind, Old hurts, old hates. And selfish traits. And winning will be easy, you win., find. Yes. keep the right and throw the wrong aside, , The little Jealousies, the foolish pride, Consider, too, The things you do. The evil habits from the good divide. For they will win who wisely will discard The useless action tlnd the useless card. Watch life the same, Then play the game? And you will dnd the winning not so hard. ? 1933 Doutrlsa Malloch.? WSD Barries BONTPS c: ^ -w I llenry said, "Beware of the Brides of March." BONERS are actual humorous tid-bits found in examination pa pers, essays, etc., by teacher*. Identify Dido. # Dido means the same, and usually represented by Dido marks. ? ? ? A cortege Is what you buy your girl when you take her to a dance. ? ? ? What was an outstanding achieve ment of Pasteur. When a cow died he cut It open and discovered it died of silk worms. The worms got into the cow's stomach and tickled her to death. ? ? ? A yokel is a part of an egg. ? * ? Caesar, being completely bald, liked best of all privileges the present of a wreath which he wore to cover up bis top. as he found hair-tonics unavail ble, because ihey were invented cen turies later. ? ? ? Gideon Is a traveling man who or ganlzed the Sons of Cldeon. ?. IMS. Bell Syndicate.?tVNU Service. Trawler Breasting Stormy North Sea AN UIPHE8SIVB picture of ? Lowestoft lalltoc trswifr dorlac stonnj wsstksr ta the North aw.
The Alamance Gleaner (Graham, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
April 13, 1933, edition 1
1
Click "Submit" to request a review of this page. NCDHC staff will check .
0 / 75