Newspapers / The Alamance Gleaner (Graham, … / Oct. 26, 1933, edition 1 / Page 1
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The Alamance Gleaner VOL. LIX. GRAHAM, IN, C., THURSDAY OCTOBER 26, 1933. NO. 38. News Review of Current Events the World Over Hitler Takes Germany Out of League of Nations ami Dis armament Conference?Depositors in Closed Banks to Get 50 Per Cent Payment. v " By EDWARD W. PICKARD GERMANY, feeling that it Is being treated like a second-class na tion, startled the world by withdraw ing from membership in the League of Nations and from the disarmament con ference. At first blush this looked rather like a threat of war in the not distant future, but sober consideration of the facts and condi tions dissipated most of the fear that armed conflict was near. In the first place, the German government _? lert tiie way open for Hit'er Its return to the league and conference If properly conciliated by the other nations. More potent yet, perhaps, is the fact that none of the nations Is financially able to support a war at this time. Nor do the people of any of the countries directly In volved wish to go to war, unless It may be the always militaristic Prus sians of the reich. Chancellor Hitler, having announced Germany's withdrawal. President Von Ilindenburg Immediately decreed the dissolution of the reichstag and pro claimed a general .parliamentary elec tion for November 12, with a plebi scite at the same time to obtain the na tion's approval of the government's de cision. All the state parliaments were dissolved and there will be no new state elections, so the power will be centralized in Berlin. Hitler's speech of appeal to the Ger man people to support his policy was full of ardor and yet was half concili atory and caused hopes In Great Brit ain and the United States, if not else where, that the relch might be brought to a reconsideration of its action. The officials of other nations refused to get excited, and some of them admitted privately that Hitler's protest was Justified, but not his methods. The managers of the disarmament confer ence were naturally disconcerted and decided to adjourn until October 25. Some of them were ready to quit in definitely, but this move was blocked by Norman H. Davis, the American representative. A little later Mr. Davis received In structions from the White House and thereupon his position became consid erably more detached. In a statement to the press he Informed the European nations that America would gladly co operate In any disarmament negotia tions but was "not Interested In the political element or any purely Euro pean aspect of the picture." In other words, the United States will leave Europe to settle its own quarrels In its own way. Italian officials rather hoped the disarmament negotiations could be continued with the framework of the four power pact, but France Indicated she would not consent to this. The British cabinet heard a report from Sir John Simon, foreign minis ter?who had been In violent con troversy with Baron Von Neil rath, for eign minister of Germany?and was said to be In a conciliatory mood, though there was no Indication that It would abandon Its attitude of co operation with France. Hopes that Germany would come back Into the concert of nations by the back door were dashed by Hitler who, in a powerful address, declared: "Germany Is determined In the fu ture to attend no conference, enter no league, agree to no convention, and sign nothing as long as she is not treated equally." /~)XE billion dollars will be put Into circulation speedily when and If the President's program for the liqui dation of closed national and state banks is carried out Tim o no eltnro trill be paid about 50 per cent of tlieir deposits, the money being loaned by the Recon struction Finance cor poration. To adminis ter the liquidation a special division of the RFC is set up to make loans to the fipt-ornl thonsaruis of closed banks. C. B. Dean Achcson Merrlam. a director of the RFC. Is the bead of the liquidation board, and the other members are: Jesse H. Jones, chairman of the board of Reconstruc tion Finance corporation; Dean G. Acheson, undersecretary of the treas ury; Lewis W. Douglas, director of the budget; J. F. T. O'Connor, control ler of the currency, and Walter J. Cuminings, chairman of the Deposit Insurance corporation. Io general, loans to closed banks will be limited to 50 per cent of deposits, thus establishing a 50 per cent max imum for payment to depositors. In some cases, where assets Justify, a somewhat larger distribution may be possible, but where assets are not worth 50 per cent of deposits the divi dend will bs less. In some cases, the White House statement warned, no dividends beyond those already paid will he possible. The division will make loans to closed banks, taking over their assets as security to the extent of the ap praised value of the assets. Thus a closed bank desiring to liquidate will not have to sell its real estate mort gages and other frozen and semi-fro zen assets at bankruptcy prices on the open market Instead, these assets can be held for a market more in line with their real value, while depositors meanwhile receive as large a propor tion of their tied-up deposits as they would get If they were forced to wait for the money. The plan will be applicable only to banks closed after January 1, 1933. ?WTOLATORS of the NRA agree * ment, thousands of whom have been reported, are facing imprison ment and fines, for the President has Issued an executive order directing that force and prosecution be resorted to by the recovery administration. He proclaims that those who are false to the blue eagle shall be subjected to fines up to $000 or Imprisonment up to six months or both. Senator Robert Wagner of New York, head of the national labor board, followed this up with a warning to all Industrial groups that heavy fines and Jail sentences are provided In the licensing provisions of the recov ery act for those who flout the de cisions of the board and that these penalties will be enforced when nec essary. "There will be no escape," he said, "for the misguided minority who arise to Interfere with every construc tive program." To organized labor, which seems to many to be seeking solely its own advantage, Wagner said: "The strike should be abandoned as an instrument of first resort. In dustry and labor cannot co-operate by means of the strike. Such con flict may determine which of the two contestants is stronger at a given mo ment, but it Is merely accidental if it produces a solution which serves the best interests of both parties and of the NRAers." WHEN Joseph B. Eastman, federal co-ordinator of transportation, announced recently that orders might be placed soon for $30,000,000 in rails the steel operators were greatly cheered A up. But since study- I Ing the conditions un- 9 der which the orders L would be placed some j|j of them are not so |? happy. C. V. McKalg, vice president and || general manager of sales for the Carnegie l Steel company. United \ States Steel corpora- , tion subsidiary, is one J- B' Eartman ! of these. He quoted Eastman as say ing the order would be placed only If an "expected" reduction In the price 1 of steel materializes. "Such a reduction is the last thing the operators want," said McKaig. "I think the present "pegged' price of $40 a ton Is about right. One of the purposes of the XRA is to assure a reasonable return to the manufac turer. From this observation a lower price now would seem to defeat tils purpose." Eastman said the order would put thousands of workers back In the mills. McKalg said the steel manu facturers already have contributed an estimated $100,000,000 annually to the XRA In the form of Increased salaries. SECRETARY OF AGRICULTURE Wallace and George X. Peek, agri cultural adjustment administrator, an nounced that a plan would soon be put in operation for restriction of pro duction of corn and hogs. It Involves the distribution of $3.Vl.no0,0OO to farm ers, mainly in the Middle West, and Is designed to take 12,300,000 acres of corn land out of production next year, cutting the corn crop 360.000,000 bushels and bog production 25 per cent. The government will advance the funds necessary for Immediate pay ment of benefits to farmers and will be reimbursed from the proceeds of processing taxes levied on corn and pork. Secretary Wallace also disclosed that the imposition of a compensating tax on beef cattle is contemplated for the benefit of live stock producers. The cattle benefit will be determined by the extent to which the Increased price of pork switches consumption to beef. The administration arranged for the purchase of approximately 1,000,000 bushels of wheat and completed Its cotton loan program In moves calcu lated to provide resistance to recent falling prices of the two commodi ties. Henry Morgenthau, Jr.. governor of the farm credit administration, an nounced purchase of the wheat at six markets through the Farmers Nation al CSraln corporation for the account of the federal emergency relief admin istration. which will distribute It to the needy. The purchase of large quantities of butter for distribution through re lief agencies also was announced. Secretary of the Interior Tckes, who Is also oil administrator, undertook the first pegging of prices under the Nil A. ordering minimum levels fixed for oil and Its products, effective on December 1. INDUSTRIAL control of trade Is now being tried, with cotton textiles as the ground for the experiment, under regulations approved by Administrator Johnson. From now on no man may start a new cotton mill without the approval of Johnson after a commit tee of cotton men elected to super vise operation of the Industry's code has made recommendations. Not only that, but no mill owner may Increase his productive machinery without the same approval, recorded In a certifi cate bearing the industrial adminis trator's signature. AN IMMEDIATE embargo on Im ported medicinal liquors was or dered by President Roosevelt on evi dence that such Importations had in creased sharply In anticipation of pro hibition repeal. The President also re jected a proposal to permit Importa tion of beverage liquors In bond pend ing the date of legal sole. INVESTIGATION of the federal hos pital at Canton, S. D., revealed what Secretary of the Interior Ickes calls "sickening and Intolerable" conditions nrd th? *?onflnpmpnt of perfectly sane In dians among the In sane. Mr. Ickes Is sued a statement se verely condemning local political and commercial Interests for presenting the removal of the sane patients by obtain ing an injunction frnm a Canton fourt Sec'y Ickes and for bringing po litical pressnre to bear on officials of the Indian bureau In Washington. The bureau has sought for several years to close the Institution. "Those responsible for securing this injunction presumably are actuated by a desire to save for Canton the reve nue that continued operation of the Institution there means," Mr. Ickes de clared. "They appear to be willing to make a profit out of the degredatlon of helpless Indians. They do not ob ject to locking up sane human beings In an Insane asylum." XTEW MEXICO has a new United N states senator In the person of Carl A. Hatch, who has been serving as district Judge In Santa Fe. He was appointed by the governor to succeed Samuel G. Bratton, WITH Florida now on the list, 33 states have voted for repeal of the Eighteenth amendment, and only three more states are needed to put an end to national prohibition. Florida went wet by a vote of approximately 4 to 1. GOV. ROBERT H. GORE seems to have regained bis prestige tn l'uerto Rico. A coalition majority of onion Republicans and Socialists staged a parade and mass ipeetlng In support of the government's program, and the governor, addressing the crowd, pledged himself to work for the greater happiness and well being of the Puerto' RIcans. Part of the plan for the future. Gore said, contemplates building to prepare to meet conditions twenty years hence when the Island, now overcrowded, would be burdened by a population double present figures. Government forces in siam were reported to have suppressed the Insurrection that was led by a member of the royal family and for a time threatened to upset the exist ing regime. The rebels who attacked Bangkok were In flight and their lead er was among those captured. YIELDING to the persuasions of concessionaires and business organ izations, the management of A Cen tury of Progress In Chicago decided to keep that great exposition open until after Armistice day, so It will not come to an end until midnight. November 12. Railroads arranged to continue their reduced rates, and an exciting and Interesting program for the final two weeks was concocted by the fair managers. e. 19)1. Western Newspaper Vaiow Subsistence Homesteads Planned PAItT ot the "new deal," and a very Important part. Is the plan to get people nacX to the farm to lire on "subsistence homesteads" which are to be financed by the government to the extent of $25,000,000. Dr. M. L. Wilson of the Interior department, director of the plan (left), Is showing a model of one of the home steads to W. A. Julian, treasurer of the United States. BEDTIME STORY FOR CHILDREN By THORNTON W. BURGESS REDDY FOX ADMIRES JERRY'S HOUSE IF IN oil tie great world there Is anybody pleasanter than Reddy Fog when he tries to be pleasant I dont know who It Is. Of course In that handsome red coat of his he Is very good looking, anyway. Then when he puts on the polite airs that no one knows better than he how to put on, brings Into his eyes an Innocent look, and smiles, he Is as pleasant a fellow as you would care to meet. Only when he forgets and grins a little too broad ly so that he shows all his long teeth does his face lose Its pleasant look. Now Reddy Foi was one of those who knew all about what was going on In the Smiling Fool. You know Reddy gets his living by knowing what 1s going on about him. Every ntgbt wnlle Jerry Muskrat was at work on that new house Reddy had stolen over to the Smiling Pool, from among the rushes watched Jerry for a little while, and then stolen away again, taking the greatest care not to be seen. 'There Isn't the least use In the world trying to get him now,? said he, as he thought the matter over. 'There won't he any use as long as he is at work on that new house. Rut when It Is finished he'll have less to think about. I must see It 1 cannot find something to Interest him." Roddy grinned, and the grin was the kind of a grin which showed all his long teeth. He grinned Just that same way each night as he trotted away from the Smiling Pool after watching Jerry work. At last came the time when Jerry stopped working because, you know, the house was finished. Reddy knew when Jerry stopped working. Oh, yes, Reddy knew all abont It Then one evening Reddy visited the Smiling Pool quite openly. He sat right out on the bank In the moon light and you couldn't Imagine any body more pleasant than was Reddy. He had his most polite airs and his best grin. -yjooa evening, neignDor jerry, saia be, and bla Tolce was as pleasant as be knew how to make It. Jerry stopped swimming long enough to look up at Reddy. Then, because he could hardly be less po lite than Reddy, he squeaked: "Good evening," and started on his way. In a minute he dived and disappeared as | he swam (or the entrance to a certain ! tunnel In the bank. When he once I more popped his head out of the wa | ter for a breath of fresh air Reddy ! was still sitting on the bank right where he had been and he was still as pleasant as before. "I have been admiring your house," said Ileddy. "You know I travel about a great deal and have seen many houses, but never have I seen one to compare with this. It Is wonderful. Not even Paddy the Bearer can build such a house as this." Now, of course this was rank flat tery and not the truth at all, for Pad dy the Beaver Is a master builder as everybody knows. But It sounded sweet in the ears of Jerry Muskrat In spite of the fact that he knew. So he lingered to hear what more Iteddy might say. ?. 113J. by T. W. Burses*.?WNO Seer lee. SEASONABLE FOODS A MOST delicious dinner may be ** prepared in a Scotch kettle. Plnce a piece of brisket or shouUler of beef In the kettle with plenty of fat to brown all over. Then add a little water, cover It lightly and cook at a low hoaL An hour or more before the meat Is to be served add carrots, onions and later a few potatoes; cook, bnsting them occasionally and season well during the basting. Serve the meat surrounded by the vegetables and prepare a gravy from the liquor in the pan. Molasses Pie. It may be baked In Individual tins or In the usual sized pie plates. Line a pit plate with flaky pastry and fill with the following mixture. Bring one cupful of molasses to the boiling point and add carefully a tablespoon ful of butter rubbed to a paste with a tablespoonful of flour, cook In the molasses until slightly thickened, then remove from the fire and add the Juice of a large lemon and a pinch of cin namon. Walnut meats may be added to make it more tasty. Cover with a top crust and bake In a moderate oven. Raisin Pie. Line a pie plate with rich pastry. Pour boiling water over one and one balf cupfula of seeded raisins, let stand until coo!, drain and mix with three-fourths of a cupful of sugar, one half teaspoonful of salt, and two ta blespoonfuls of flour. Turn the mix ture into a pie pan, piling it high In the center, sprinkle with the Juice of ( a lemon and grating of the rind, add I PAPA rNCWSH I, W 1 "Pop, whit ii a not* 7" "What a bualnaaa man avoida and an opara alngar attaina." 1 C. 1I1L Ball U?dlc?t?.?WNU Barrlca. NOT REALLY RAINING Ey DOUCLAS MALLCCH T1IE mists of morning always rise. Molt In the warmth of hotter skies. I never see the vapor drifting Hut In the moving It is lifting. Hive broo'-es time, the sun a chance. And. as the hours of day advance. The mists of morning rise and scatter And prove a very liitie matter. I wonder if we do not make On many mornings this mistake?? .Mistake some little care for sorrow. Although it ends before the morrow; Make for ourselves a doleful list Of losses that are only mist That blows away, nnihl complaining, Because It Isn't really raining. 1 know we have our larger grief. But much that frets us is the brief, L'pon life's surface floating bubbles. But mists that are not really troubles. Though many losses living brings. We sigh the most o'er little things. I-et us be glad, somehow or other. Unless It's really raining, brother. ?. 13-3. Douulaj Xallocb.-W.VU Service. GraphicGOLFI uscXg SHALLOW] CLuB I TO I I ?COV.sG-1 CUJS :0u*T?3 ACT5 ??? Cc, OVERCOMING HOOK AND SLICE ONE reason for the popularity of deep faced clubs Is their tend ency to cure n slice. While most of th average golfers either slice or hook, the slice Is far more prevalent. For this reason the ordinary golfer would undoubtedly find that the deeper faced clubs were more suitable to his par ticular case. Deep faced clubs have the power to counteract the slice and this fills a particular niche In most games that cannot be easily discount ed. On the other hand those golfers who show a penchant for hooking might find it well to switch to shallow faced clubs. With these clubs the tendency to slice would overcome the hooking proclivity and a fairly straight ball would result. With these two facts In mind it should be a simple matter to find the club that best suits one's game. There's nothing like a straight ball off the tee to start the bole right. C. ISfSJ. Bell Syndicate.?WNU Servlca. '"?0NgERS~ Cliarle* the second reallj found out about gravity, because when he was in the o::k, an acorn fell on him. He told New;on, who got all the credit. BONERS are actual humorous tid-bits found in examination pa pers, essays, etc., by teachers. The earth Is composed of one quart of land and three quarts of water. ? ? ? A street Is a road that has a very good class of people on It ? ? ? The Greenwich meridian Is the larg est teleieofe in Greenwich observa tory. ... Alfred the Great started a Chron icle and this still exists as a morning newspaper. ... The Immortal William Is a came applied to the German emperor. ... The Pastorial ace was - hen every body kept their cows in the same pas ture. e. H35. Belt Syndicate.?WNC 3err1cfc For Cool Fall Days For the cool days of late fall, no bet ter choice can be made than a wool frock trimmed with fur, such as is shown In the illustration. one-half capful of water In which the raisins were soaked and dot with two tablespoonfuls cf batter cat into small pieces. Cover with pastry and bake forty minutes. Have the oven very hot the first ten minutes to bake the pastry, then reduce the heat. Serre tot or cold. ?. 1323. Western XeTj^jper Union. Pupils in This Class Must Keep Wide Awake HEItE is a claaa at Catalina Island. Calif, whose pupils cannot afford to show any Indifference to their studies. If they fail in their work, they go into the drink with a big splash and that's all there's to it. When yon hit the water a few times traveling at the speed of 40 miles per hoar, yon either make up yhur mind to stay on the skiddy board or quit school. This novel "aquaplane college" was organized by Roy Arnold, who is seen leading the class.
The Alamance Gleaner (Graham, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Oct. 26, 1933, edition 1
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