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*' 8H The Alamance gleaner . VOL. LVIX. GRAHAM, N, C., THURSDAY SEPTEMBER 28, 1933. NO. 34. News Review of Current Events the World Over Senator Harrison Voices Demand for Monetary Inflation? Walh?ce Warns the Farmers?Japan's Demands for Bigger Navy. By EDWARD W. PICKARD Bankers, business men and many other persons, especially southern politicians, believe Inflation soon will bs here In full force. The financiers Senator Pat Harriaon are trying to guess when and In what form It will come, and the southern sen ators and congress men are urging straight-out currency Inflation, which latter President Roosevelt has seemed desirous of avoiding as long as possible. Of course, we already have a degree of inflation, shown by the declin lng price or me aouar on ioreign e? changes?a few days ago It reached the lowest level In fifty years?but this Is not enough for the downright infla tionists. Great pressure was being brought on the President, the leaders In this being Senator Pat Harrison of Mississippi, chairman of the senate finance committee; Senator Fletcher of Florida, of the banking and cur rency committee; Senator Thomas of Oklahoma and Representative Byrns of Tennessee, house majority leader. Harrison predicted adoption of a new administration monetary policy In the near future. Indicating It would be In full swing by mid-October when the movement of cotton from the farms reaches its peak. "If the administration does not act before congress meets," he said, "con gress will compel adoption of an Infla tionary policy and not leave it to the discretion of the administration as was the case with the Thomas Inflation amendment." Declaring that the dollar Is too high and the price of gold too low, the Mississippian proposed an inflation pro gram that would Include some or all of these methods: 1. Issue treasury notes. 2. Raise the price of gold in the domestic market. 3. Purchase silver and Issue treas ury notes against It, regardless wheth er French and British co-operation could be obtained. t Create a dollar stabilization fund to force the value of the dollar down and to keep It there. Washington correspondents said the administration was planning to act in accord with a report from the Presi dent's secretly appointed committee of monetary experts, which Is opposed to radical inflation. Its proposal is that about November 1 an agreement shall be sought between the federal reserve board and the central banks of Europe for the Immediate stabilization of American, British, French and Ger man currencies by a process of "peg ging" them to one another. The dol lar would be pegged at a point be tween 70 and 80 cents. President Roosevelt maintained si lence on the matter of Inflation, but was especially concerned about the welfare of the farmer. By his direc tion the Reconstruction Finance cor poration made available to the fed eral land banks another $150,000,000 to assist In the Immediate refinancing ef farm mortgages held by banks whose operations have been restricted by heavy portfolios of such paper. This step. It was believed, would help toward boostlDg prices for farm prod uce. A DMINISTRATOR JOIINSflN and his co-laborers finally succeeded In producing a code for the bituminous coal Industry that was accepted by all the operators except two small groups and by the miners' unions and was approved by President Roosevelt The principal points In this code are: Provides for fixing of minimum prices; prescribes a maximum 40-hour work week. Sets basic minimum wages for un derground workers ranging from $3.75 to S5.63 in 16 districts. Recognizes right of miners to or ganize. Creates regional and national boards to govern the industry and settle labor disputes. The sale of coal at less than "fair market prices" Is forbidden, and these prices are to be determined by region al marketing agencies and subject to government review. The labor pro visions prescribed by the NBA are contained intact in the code. Also the workers are given the right to elect their own check welghmen, and are not to be required by their employers to live in company rented houses or to trade in company stores. SPEAKING to the convention of the Grain and Feed Dealers' National association in Chicago, Secretary of Agriculture Wallace uttered the warn ing that all plans for fixing prices of agricultural products must surely fall unless the law of supply and demand is complied with. Farmers, he de clared, must control production, and, If they do not, even inflation will not save them. He said the production control measures already adopted by the government, such as the plowing under of cotton, the curtailment of wheat acreage, and the slaughter and total destruction of 5,000,000 little pigs, will bring about a substantial rise in agricultural prices soon after January 1, if not before. But this "certainty," the secretary added, had brought from the farmers a great cry for immediate price fixing to tide them over the ensuing three or four months. The general tenor of his remarks Indicated that he was op posed to taking any such action, but that the government was standing at the crossroads of economic policy and might have to listen to political clamor. After conferring with the secretary of agriculture and the heads of the farm and relief administrations. Pres ident Roosevelt announced that the government would spend $75,000,000 to buy surplus food products and cot ton and give them to the needy who are out of employment AS SUCCESSOR to Prof. Raymond Moley in the position of assistant secretary of state, President Roosevelt has turned to the ranks of the more R. W. Moor? practical politicians and selected Robert Walton Moore, a man of long experience. Mr. Moore is a native of Fairfax, Va., where he now resides, and is seventy-four years old. By profession he is a lawyer. He was elect ed to the Sixty-sixth congress to fill out a vacancy and was re elected to each sue . ...til Cfnnnntw nne. ceeuiijg wugicra uuui tuc ocicuij-acv- ? ond. He then retired to his home. I During the World war he was assist- J ant general counsel of the United States railroad administration. He is also a regent of the Smithsonian insti tution In Washington. Mr. Moore is an old friend of Secre tary of State Hull, and presumably will be able to act in accord with the secretary's views better than did Pro fessor Moley. REPEALISTS captured two more states. New Mexico and Idaho, these being the thirtieth and thirty first to turn thumbs down on prohibi tion. By November 7 eight other states will have voted, and there Is no reason to believe that the wets will fail to win in at least five of them? all that is necessary to remove the Eighteenth amendment from the Con stitution. In New Mexico the vote was about three to one In favor of repeal, only two of the 27 counties showing a ma jority in favor of the prohibition law. Idaho, however, was much closer, the drys there making a showing of strength second only to that in Tennessee. The repeallst majority in Senator Borah's domain wa3 only ap proximately five to four. WHILE the statesmen of Europe and the United States are pre paring for reopening the disarmament conference, there Is great Interest In the naval plans 01 Japan. Mineo OsumI, naval minister of the Island empire, has an nounced that his coun try will seek a re vision of ratios at the next International con ference so that Japan will be permitted to build nearly up to parity with Great Brit ain and United States. He holds that under Mineo Osuml present conditions the aetense pur pose of the Japanese navy is impaired and that more warships are required to protect the empire from outside attack. Counteracting this somewhat are statements from Koki Hirota, the new foreign minister, and Capt. Gumpei Sekine, spokesman for the naval min istry. The former asserts that Japan Is striving for the best possible re lations with all foreign nations, espe cially the United States, China and Russia. Captain Seklne declare! Japan has no Intention of challenging Amer lea to a naval-buikling race, although It will ask permission to construct a larger navy. "The Japanese navy Is defensive, not aggressive," Sekine asserts. "The Japanese public does not want a war. We want honorable co-operation. We do not want to be oppressed or dis graced. No happiness comes out of war. But when pressed to the wall we will fight" JESSE H. JONES, chairman of the RFC, has told the bankers how the government through his corporation, plans to gain complete control of the national banks. This will be obtained by RFC ownership of the preferred stock of the banks, and the scheme en visages RFC agents directing bank policies, electing directors, hiring and firing officers, directors, and employees, setting their salaries, limiting their real estate investments and in general directing the operations of banks. SOLDIERS and civilians opposed to Ramon Grau San Martin as Pres ident of Cuba were reported to be mobilizing to drive lilm from office and J. G. Laylin closer to the < the new revolt was momentarily expected to break out in Ha vana. In other parts of the island the op positionists were In creasingly active, and altogether affairs In the republic were In a sad muddle. As the renewed conflict became more Im minent the American warships drew in nanital "Wtv and estah llshed hellographic communication with the American embassy. President Grau was concentrating his cavalry and artillery about the presidential palace, and his opponents were gathering arms and ammunition. At the National hotel, where 500 army officers were beleaguered, soldiers loyal to Grau were placing machine guns on adjacent buildings and train ing them on the hotel. John G. Laylin, a United States treasury expert who went to Cuba with A. A. Berle of the RFC recently, re turned to Washington with a report on the financial situation on the island. What he told has not been made pub lic, but It is a certainty that he found conditions very bad and that his report will have much to do In determining the attitude of the American govern ment. The State department Insisted there was no present intention of land ing marines or bluejackets, but the sudden sending of four destroyers from Guantanamo to troubled spots was In dicative of the serious situation on the Island. Mr. Hull said that Amer icans endangered in the interior should move toward the warships for protec tion. BERLIN was full of reports that there had been ? split between Chancellor Hitler and his right hand man, Capt Herman Wilhelm Goerlng, premier or Prussia. These rumors were given body by the fact that Hitler did not attend the ceremony at which Goering in stalled in office the new Prussian state council In the Berlin university. The 71 counselors who took the oath in unison Included lead ers of the Nazi storm Japt. Goerlng iroops, me army, iiuvy, cnui <_u, art, commerce. Industry, and also the for mer ruling houses?Prince August Wil helm Hohenzollern and Prince Phiiipp of Hesse. The impressive ceremony was witnessed by the crown prince and crown princess of Italy, the papel nuncio, Msgr. Orsenigo; Ambassa dor William E. Dodd of the United States, and other members of the diplomatic corps. The new council Is merely a con sultative body, having no voting pow ers, because, as Goering explained, "that is a relic of parliamentarism," which he declared had been destroyed by Nazism, together with pacificism. The same day Foreign Minister Von Neurath expressed Germany's deter mination to obtain security and equal ity in weapons of defense or withdraw from the arms conference. In Paris the representatives of the United States, Great Britain and France held conversations prelim inary to the resumption of the dis armament conference, the main topic being France's proposal for rigid and permanent control of arms which must be tried over a period of years before she will consent to disarm. NTOTABI.E among recent deaths is ? that of Dr. Annie Besant. leader of the Theosophists of the world. She passed away In Madras, India, at the age of eighty-six years, death being due to the infirmities of old age. She claimed to have been reincarnated many times since beginning life 12,000 years ago. C> I'll. W?aum Newvp&pcr L'cloa. BEDTIME STORY FOR CHILDREN By THORNTON W. BURGESS OLD MAN COYOTE'S MOUTH WATERS OPLASH into the Smiling Pool fell ^ Jerry Muskrat, and If ever there was a thankful Muskrat In all the Great World that one was Jerry. He didn't mind bis torn coat at all. in ] deed, he was thankful that It had torn. If It bad held he would now be on bis way to the stomach of Hooty the OwL Despite his fright and the smart of the wounds made by Hooty's claws. Jerry couldn't help a feeble grii as he heard Hooty's scream of rage and disappointment. Now, of all that bad happened to Jerry Muskrat there had been a wlt I ness. A witness, you know, is one who ; sees whatever is goirg on. Jerry I Muskrat didn't know that any one had I seen what had happened to him. Hooty | the Owl didn't know It. But all the time a pair of the keenest eyes on all the Green Meadows or in all the Green Forest had been watching. They were the eyes of Old Man Coyote. There Is very little goes on that Old Man Coyote doesn't know about He had discovered what 'erry Muskrat was about, and more than one night lie had been craftily stretched out back of the bulrushes at a place where he hoped Jerry would come for roots and climb out on the foundation walls of his new house and bad watched him fall a-dreaming. He had even thought of trying to wade out anu surprise Jerry, but had been too shrewd '?> try It He knew he couldn't possibly do it without frightening Jerry. Then he had seen Hooty the Owl drift like a shadow out across the Smiling Pool right over Jerry and clutch at him with great cruel claws. His crafty eyes snapped as he saw that Hooty had Jerry only by bis coat and that he didn't have a good hold at that "He won't fly far that way," thought Old Man Coyote. "He'll come down to the ground to get a better hold Just as soon as he is across the Smiling Pool, and when he does ' Id Man Coy ote is going to be right there. It is very fortunate that I am on this side of the Smiling Pool instead of on the other. Hooty is going to pass right straight over me and he is flying so low that I believe if I Jump suddenly I can snatch Jerry Muskrat right out of his claws." And then, right then, when he was . _ - - so absolutely sure, he saw Hoot; lose bis grip with one foot and Jerry be gan to struggle. It was on -he tip 01 Old Man Coyote's tongue to cry "Hang on to bim, Uooty! Hang on to him Just a minute longer!" But, of course, be didn't do anything like that. In stead he held his breath and quivered all over and his mouth watered more than ever. It was plain to see that Uooty wasn't goln?. to be able to bold on to Jerry Muskrat long, and If only be would drop bim on dry land Old Man Coyote would ask no more. And then right at the very edge of the Smiling Pool Jerry tore loose and fell. He was so near that Old Man Coyote could almost touch him by reaching out. Had the water been shallow there this story never would have been written. But it was deep. It was so deep that Old Man Coyote had to stay on the bank. Splash fell Jerry right in front of him, and as he leaned over the bank read; to grab Jerry If he came op the water was Splash Fell Jerry Right In Front of Him. actually dashed In bis face. But Jerry didn't come up. Be diced deep down and swam to one of his prlrate llt'lc tunnels In the bank and crept up this to the safety of a snug little room where there was soft grass. And so Jerry never knew how oear he came to falling from trouble Into worse trouble, nor how Old Man Coy ote'- mouth had watered In vain, and two people Instead of one had been disappointed In a dinner tbey had counted as already as good as theirs. e. HIS. by T. W. Buma.-WNU Brrvlca. SCHOOL LUNCHES TUIS Is the time of the year when the children are back at school and the ceaseless round of lunches to put up begins. Active children burn up enormous amounts of energy during the day and must be amply provided with the proper fuel to keep their bodies In the best of health, to build good bodies and good minds. Such foods as pie, rich cake, heavy meats and fried foods should be given rarely or not at alL After a lunch which gorges the stomach and Is hard to digest, the child Is dull and lazy the rest of the day. Such foods, too. are not well balanced, nor do they give the correct elements. Fresh fruits, salads, vegetables, milk, fruit Juices such as orange or lemo not only supply suflicient nourishment with good whole wheat bread and but ter. but supply the vitamins necessary for growth. Bot drinks, hot soup and dishes of that order are necessary daring the cold weather. An apple, an orange, a pear, or, lack ing the fresh fruits, a handful of figs, dates, prunes or raisins will give the child an appetite for the more substan tial foods. They are the best known sources for the vitamin C which builds good bone and tooth structure. The citrus fruits are richer In vita mins and keep the body in Ideal con dition. With plenty of milk and the heartier foods of cereals, bread and butter, fresh vegetables and a small amount of meat the child should have normal weight and health. A glass of milk, an orange and two graham crackers or whole wheat bread makes an ideal midforenouu or after lunch for the active child. O by Western Newspaper Union. | 1PAPA KNCWS-I "Pop, what Is chess?** ?'Makes young men old and keeps old men lingering/* ?. 1932. Bell Syndicate.?WNU Serrlca. Graphic Golf i ?i BACNUAMO / W CSPT S-J OM I | rsow^svrtMi / / ADOS Al - Povfta, ?4 KM PS WIT (i iNSOC OUT. V cept UA.NO contoo. mams wixr KUJZ. USE THAT LEFT EMPLOYING the right hand and arm alone In the downswing robs the golfer not only of considerable force but also of a full use of a wider arc. With the left employed and the muscles of the back adding body force to the blow, a backhand swing of considerable strength can be utilized. One need only to experiment by using the right alone and see how Ineffectively that member develops the speed of the club head. Coupled with the left side and arm, however, not only a forceful, speedy blow Is developed but also con siderable leverage caused by the action of the two combining to transmit force from the center of the body. This co ordination results In greater length. Another feature of the backhand left Is that It enables one to swing from the inside out a stroke advocated by the pros as the one most conducive of success. e. 1 a23. Bell SrndtcAl*.? WNU Berries. GIRU&GJ0 "There is a difference between a man and a motor," tays fiivvering Flo. "A motor isn't noisy when it's tight." C Itlt. Bell Syndicate ? WNU Serrlcc How Striking Bargemen Block the River Seine v t KKK'S one of the blockades that Trench bariieineii set up across the Itiver Seine nenr the Juncture ot that river unit II the Oise when they went on strike. Things looked pretty serious until somebody thought op the bright idea of giv ing the strikers a dose of cold water to dampen their ardor. Accordingly a flotilla of tugboats quietly approached the blockade and let fly a veritable cloudburst from high pressure hoses. The bargemen surrendered. PASSING STRANGE By D0UGLA8 MALLOCH "TPIIIS life Is something passing strange. And full of change, yet passing change. The minutes pass, the days, the years, Joys pass, and yet so do our tears. Tes, passing strange this life of ours. But winters pass as well as Rowers. We pass through pain, we pass through strife. Pass through it all, and pass through life. Yet, passing by, we much can do To pass the worst, in passing through; Consider evil past and gone. But, knowing kindness, pass It on. Old friendships pass, yet you and I May make new friends of passers-by. When friendship passes, why revile? Still pass the old friends with a smile. This life Is passing strange, we say; Some even claim we pass away; And yet the sun that passes west Tomorrow passes yonder crest. Some pass through life and think, no doubt. Man passes through and passes out; Yet life is but a passing phase. And we pass on to brighter days. C. 1113. Dooilan llanseh.?WNC Service. Brown and Green Here is an unusual color combina tion of brown relreteen blouse with ? broniy green striped wool suit. Note that the stripe la used In panel effect and that the rope collar on the blouse suffices for the Jacket collar as well. BCNECS Give a distinguishing fact of Bacon's life. He tried an experiment of stuffing snow down a fowl's throat. BONERS are actual humorous tid-bits found in examination pa pers. essays, etc, by teachers. It was about twenty years ago that Charlie Chaplin Invented the motion picture. ? ? ? McAdoo is the emperor of Japan. ? ? ? Mercury was the pod of weather, because it is In thermometers. ? ? ? Witchcraft was one of the most inw portant writers of the Puritan period. ? ? ? One-half the sun Is black and the other half is lipht. When the dark half Is turned towards the earth we have night. ?i 1*21 Bel] Syndicate.?WSV Serrlcw
The Alamance Gleaner (Graham, N.C.)
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Sept. 28, 1933, edition 1
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