The Alamance gleaner VOL. LX. GRAHAM, N, C., THURSDAY FEBRUARY 8, 1934. NO. 1. News Review of Current Events the World Over Money Bill Passes, Dollar Is Devalued?Secretary Perkins Proposes Federal Tax for Permanent Dole Funds? Polish-German Peace Treaty. By EDWARD W. PICKARD yiELDINO by a large majority to * the President's demands, the sen ate passed his New Deal money bill, inserting only a few noncontroverslal ? amamlmonto frsv fVilnh ???u^iiuiucuio iu n lilt u the house readily agreed. The.adminis tration's victory was decisive and was pre ceded by the rejection of two major propos als which were obnox ious to Mr. Roosevelt and his financial ad visors. The first of these provided that control or tne rc.uuu, Senator Glass 000,000 stabilization fund should be given to a board of five instead of to the secretary of the treasury. This was defeat ed by tjie votes of 50 Democrats, three "radical" Republicans and the single Farmer-J,obor senator. The sec ond amendment offered was put for ward by the silver bloc and was beaten only by the assistance of 17 Republican senators, for 28 Demo crats were recorded In favor of it and the vote stood 43 to 45. It would have provided for the purchase and re inonetlzatlon of silver. The final vote on the measure was 66 to 23. One lone Democrat had the nerve to stand out against the ad ministration and uphold by his vote his convictions, although several oth ers had opposed the bill in debate. The man who was true to himself was Carter Glass of Virginia, secretary of treasury under Wilson and co-author of the federal reserve act. Senator Gore of Oklahoma was paired against the measure but did not vote. Sena tor McAdoo of California had done a lot of opposition talking but quit with that and went Into the "aye" column. All of the independent Republicans and Shlpstead, Farmer-Laborite, sup ported the bill. Though the money bill has been summarized before in this column. It may be well to state again its main provisions, as follows: The treasury is given title to all the nation's monetary gold stocks, includ ing $3,500,000,000 held by the federal reserve banks. The President Is authorized to re value the dollar at 50 to GO per cent of its present statutory gold equiva lent. Coinage of gold Is declared at an end. The metal is to be held Id bul lion form in the treasury as backing for paper currency. The $2,000,000,000 stabilization fund Is created out of the increased value of the gold accruing as a result of de valuation of the dollar. It is placed in the sole charge of the secretary of the treasul^ and he Is given author lty to expend It In virtually any trans actions he may deem necessary for stabilizing the dollar abroad. ACTING under the authority con ferred on him by the new money law, President Roosevelt proceeded to devalue the official dollar to 50.06 cents by proclaiming a reduction of the dollar's gold content from 25.8 grains nine-tenths tine to 15 5-21 grains rine-tenths fine. At the same time the TVaairiont nnnminreri the government would buy gold at a price of $3o an ounce. The change In the dollar's gold con tent, the first to be made In a century, will not ne Immediately appreciable to the general public; but it is the ex pectation of the administration that It will bring about a general rise of commodity prices and that this will induce an increased volume of busi ness. which will enable producers to make more money and therefore to raise wages. Only time ran tell whether this theory Is correct or fal laclous. Shortly after the President signed his proclamation, the treasury an nounced that a new form of currency was being prepared by the bureau of engraving to take care of the problems created by transfer of title to all fed eral reserve bank gold to the treasury. Gold certificates, the same size as cur rency now In circulation, will-be used. Instead of the absolute promise to pay In gold carried by gold certificates pre viously issued, however, these will say: "This is to certify that there Is on deposit in the treasury of the United States of America (blank) dollars In gold, payable to the bearer on demand as authorized by law." OUTSTANDING In current foreign news is the fact that Germany and Poland have signed a peace pact that Is to endure for ten yeirs. The treaty stipulates that during that pe % Had ander no conditions Is force to be used in relations between these countries. The successful negotiation of this pact Is considered a great tri umph for Joseph Llpski, Poland's minister to Germany, and for Foreign Minister Joseph Beck, and the Jubilant Poles assert that their nation must now be considered one of the great powers of Europe. They are especial ly proud of the way in which they have blocked the plans of Maxim Lit vinov, foreign commissar of Russia, who was trying to combine with Po land for a protectorate over the Bal tic states. They appeared to be go ing along with him but were secretly conducting the negotiations with Ber lin. PERMANENT dole funds In all the * states, created mainly by a new federal tax upon all employers, is the latest plan of Miss Frances Perkins. ?eueiarjr ui i a u u r. Her scheme, which Is rather complicated, provides for the levy ing of the tax on the basis of employers' pay rolls, beginning on July 1, 1935, and calls on all state leg islatures to set up unemployment runus In each common wealth. The employ er would be given the cnoice or paying the full tax or con tributing voluntarily to the fund In his state. The plan Is being put Into Sec'y Perkins the form of a bill to be introduced in congress. Co-operating with Secretary Perkins are Senator Wagner of New York and Representative David J. Lewis of Maryland. "The proposed federal tax bill,*' read the formal announcement, "will work in such a way as to promote the speedy passage of state unemploy ment insurance laws. "The federal bill will not define what kind of laws the states shall pass. Wisconsin is the only state which now has an unemployment in surance law, but measures are pend ing in many other states." Secretary Perkins went to Indian apolis where the convention of the United Mine Workers of America was In session, and told the men that the only permanent solution of the unem ployment problem is shorter working hours. The miners In a hot debate de nounced Communism and re-adopted sections of their constitution which bar members of the communist party lruui uuiuii uieujuersiup. Federal judge Alexander AKKUMAN in Tampa, Ela., de clared the agricultural adjustment act unconstitutional, saying it is "so full of holes you could drive eight yoke of oxen through It." He Issued to a group of citrus growers an Injunction to prevent, the state control committee from enforcing proration orders. Offi cials in Washington refused to com ment on the judge's decision. STATE directors of the National Emergency council met with Ad ministrator Hugh Johnson and were amazed to learn from him that Secre tary of Labor I'erkins had already ap pointed many of the labor advisers in their offices without consulting them. Nathan Straus. Jr.. of New York and George Creel of California were among those who questioned the propriety of this course. "I am not here to discuss the wis dom of the matter,** was the general's brusque reply. "The appointments al ready have been made.'* THREE daring Russian aeronnnts ascended in a stratosphere balloon to the record height of 67,583 feet, ac cording to their radioed messages, and then perished when their balloon crashed 350 miles southeast of Mos cow. Their instruments were de stroyed, so their claim to a new rec ord cannot be established. HAVING read of speeches In the Japanese parliament predicting that Japanese auxiliary vessels would outrank those of the United States by 1030 and that Japan would withdraw from the proposed naval conference of 1035, our senators prepared to rush through the Vinson naval construction bill which had been passed by the house. It calls for expenditures of $473,000,000 and $507,000,000 over a five year period in order to bring the United States forces up to treaty strength. In Tokyo Kenkichl Toshirawa, for m**' foreign minister, proposed to the house of peers that the 1935 confer ence he abandoned, expressing fear that Japan would be forced to wreck It. He and other Japanese statesmen however, reiterated that there was no conceivable reason for war between their country and the United States. Minister of War Hayashi also denied that Japan was making preparations for war with Russia, and said the Japanese army in Manchukuo would not assist in any attempt to extend the boundaries of that state. Russia has a chip on Its shoulder, and the convention of the all-union Communist party wildly cheered Stalin when he warned everybody "not to poke their snouts into the Soviet po tato patch." The dictator added: "It is a mistake to think an ambi tion to wage war against the Soviet union and share its territory is held only by Japanese military circles. We know very well that it is shared by some political circles in Europe." This last remark, it was believed was intended as a reference to Ger many. SOLUTION of the Lindbergh baby kidnaping and murder may come ?0 O ,-P (n Verne Sankey, former South Dakota ranchman who started on a career as a kidnaper two years ago. He readily admitted that he "snatched" Charles Boettcher of Denver and Haskell Bohn of St. Paul, but denied any connection with the Lindbergh tragedy. How ever, the authorities are In possession of various facts and clews which they believe may link him with that case. Two Illinoisans, Frank Souder and Gale Swolley, were taken to the Jollet penitentiary to begin serving life sen tences for the kidnaping of James Hackett of Blue Island. Indiana authorities were preparing to try, for the murder of a policeman in East Chicago. John Dillinger, bank robber and desperado, who was cap tured with several of his gang in Tuc son, Ariz. The outlaw was rushed by airplane to Indiana to prevent his extradition to Wisconsin, where he was wanted for robbery. OAMILLE CHAUTEMPS and his ^ French ministry didn't last as long as had beea-expected. Without waiting for a wie by the chamber of deputies thajrwould oust them, the cabinet members all handed their res ignations to President Lebrun, being unable longer to withstand the storm of attacks resulting from the Bayonne bond swindle. Former President Gas ton Doumergue was entreated to ac cept the premiership, but refused on the ground that he is too old to head the government in such a critical time. Herriot and Daladler, both former premiers, were the next possibilities, but it was feared both had too many political enemies, though they are re spected and have clean records. How ever, Daladier, undertook the Job of forming a new government WHILE President Roosevelt was celebrating his flfty-second birth day with relatives and close persona) friends In the White House, many thousands of his fellow citizens were enjoying parties, balls and other en tertainments arranged to mark the an niversary. These took place In hun dreds of cities, towns and villages all over the country, and the proceeds will be turned over to the Warm Springs Foundation for Victims of Infantile Paralysis. THOSE who attempt to graft on the Public Works administration are go ing to have a hard time getting away with it, according to Secretary of the Interior lckes. Ad dressing the conven tion of the Associated General Contractors of America In Wash ington, the secretary warned them that col lision on bids for contracts or mate rials. skimping on ma terials and doctoring of sj>ecificatIons so as tn allmlnilfa mmtiof I. Sec y ckea tjon wo!J|j j>e uncov ered by the government agents and punished. He pointed to the indict ment of Lieut. Gov. Nels G. Kraschei of Iowa and an associate as a sample of what cheats n "I am not pronouncing Judgment In this case/' said Mr. Ickes. "If those | men now under indictment are inno- ( cent they have nothing to fear. If-* ! Jury of their neighbors find them ; guilty, they will pay the penalty. "There are two points to this story 1 and that Is the reason I have told it to you. One is that the Public Works administration will pursue any charge of graft or corruption or chiseling re gardless of where the trail may lead. The other point Is that even an office holder of high degree does not have enough political pull to escape the out stretched hand of Justice if he offends against the law." Criminal prosecutions in six cases I involving complaints of graft In the ' Civil Works administration were or dered by the division of investigation of the Public Works administration. Three of the cases are in Kentucky, one In Maryland, one in Arkansas, and one In Indiana. C by Wegtern Newspaper Union. ' . I \ "Gold Capital of World" Comes Back to Life THE historic mining town of Barkerrllle, B. C- U onc? again coming Into Its own. In the "boom" days of the ISOOs. when the placer gold rush to the Cariboo area was at Its height. It was known as the gold capital of the world, with a population once numbering as high as 1S.UW). Now It Is coming bark to life again as the latest rush for lode gold In the area Is under way, and prospectors are crowding Into the town that In late years has been nothing more than a ghost town with a population of a few hundred. The photograph shows the main street. CHILDREN'S STORY ?uy THORNTON W. BURGESS JUMPING FOR LIFE \\f HAT a person can do well he * * almost always enjoys doing. Nim bleheels, own cousin to Danny Mead ow Mouse, Is the very best Jumper on the Green Meadows, so It Is quite natural that he should enjoy Jump ing. He Jumped and he Jumped and he Jumped for Peter Rabbit's bene fit Peter stole out from the dear old Brier Patch and sat up In the moon light that he might watch Nimble heels better. Such Jumping Peter had never seen before, and both he and Nlmbleheels became so Interested that I they quite forgot that It Is never safe I to play on the Green Meadows unless a sharp watch Is kept for danger. Suddenly a shadow swept over Peter. There wasn't a sound. Keen as are Peter's long ears he heard noth ing. Luckily for him he was sitting absolutely still at the time. Had he moved the least tiny bit the end of Peter would have been right then and there, for that shadow was Ilooty the Owl. Nirableheels wa so Intent on his Jumping that he didn't see ,that shad ow at all until he shot up into the air above the tops of the grasses al most under Hooty. It Is a question which was the most surprised, Nim bleheels or ilooty. Swiftly, but with out a sound. Hoot; turned In the air and NImbleheels had no more than disappeared In the grass than Hooty was hovering right over It, his great eyes piercing down fiercely for a glimpse of the little Mouse he knew must be hiding among the grass stems right beneath him. Peter sat quite still with horror, which was, perhaps. Just as well for Peter. Could It be that the little friend with whom he had become so well acquainted was going to be snatched away In the cruel claws of Hooty right before his very eyes? Could it be? Suddenly Hooty screamed and at the sound out from the grass shot NImbleheels In the longest Jump Peter had yet seen him make. Hooty struck with his great curved claws, but he i was too slow. As before, hardly had Nimbleheels landed in the grass than Ilooty was hovering right over the very spot. Mmhlelieels did not wait for him to scream hut was In the nlr In another long Jump almost cs soon as he reached the ground. This time he Jumped to the side instead of in the direction he had Jumi?ed before. Probably it was this thut saved his life. Hoofy was not ready for him In that direction and so he missed him again. Then began the most exciting game Peter had ever seen. At least It seemed like a game. It wasn't of course, he cause Iwith Nimbleheels and Ilooty were very much in earnest, the pretty little cousin of Danny Meadow Mouse to save his life, and Ilooty to get a ffur? ~ Such Jumping. It made Petef pTttf bit ashamed to tidnk that he ever had bragged about bis own Jumping Tbls way, that way. the other way. darted Nimbleheels over the tops of the grasses. and wheeling and turning on noiseless wings I loot y the Owl fol lowed, always Just a wee second ton late, as he strutk savagely with his great cruel-looking claws. I'eter wanted to shout to Nlmh'e heels and tell him to make for the dear Old Brier Patch, but even If he could have he wouldn't hftve dared, for he knew only too well that llnnfy wouldn't think twice of a little Jump ing Mouse If he had a chance for a Kabblt dinner. So there was nothing for Peter to do hut to sit there and hope and hope with all his might that Nlmhleheels would escape, and that Ilooty would get far enough away to give him. Peter, a chance to bolt for the **?fety of his home. It seemeu to ?'eter that Nimbleheels was making shorter jumps. Was he getting too tired to jump? If so. the end would come soon. I'eter held his breath. ?. T. W. Burgess.?WNTJ Service. Here's a Hat Novelty The blown to-the-front movement In crowns Is developed by Molyneux In this polka-dotted alpaca straw, one of the sensations of the season. The col lar set Is made to match the bat. BCNERX Farmers rotate their crops so that they may get sun on all sides. BONERS are actual humorous tid-bits found in examination pa yrs, essays, etc., by teachers. Corn products are corn uieal, corn ay nip and corn heef. ? ? ? A king who does everything he says he will is an absolute monkey. ? ? ? The first governor of Massachusetts was Mr. Salem Witchcraft. * ? ? A sextant Is a man who buries you at sea. ? ? ? Savages are people who don't know what wrong is until missionaries show them. ? ? ? Describe the sacking of Rome. The Cauls put the Romans In sacks and carried them away. ? ? ? The famous "Hough Hider" was Taul Revere. c. 1933. Bell Syndicate.? WNU Serrlca. HOW TO USE CODFISH WHEN one can think of nothing else for luncheon or dinner a box of firm white salted codfish Is the answer. The chowder Is the dish par excellence. Here It goes again, for there are always a few who haven't tried It: Codfish Chowder. Soak a half pound of codfish In wa ter for a few minutes, then simmer for ten. Drain and flake Into good sized pieces?say a mouthful size. Put to cook a cup of finely cut salt pork cut Into fourth-inch cubes; when the pork cu!>es are well browned add three on ions sliced, stir and cook for a few minutes In the hot fat, then add one half dozen medium-sized potatoes cut Into small slices, cover with boiling water?a quart will be plenty. Cook until the vegetables are well-cooked, then add the codfish and one quart of fresh milk; bring to the boiling point, add more seasoning If needed and serve piping hot with n milk cracker or two softened In boiling wa ter for each bowl of the chowder. Codfish Creole. Cook one green pepper and one on ion, both minced In two tablespoons of bacon or three tablespoons of butter, add one tablespoon of piuilento chopped, one-fourth teaspoon of pep per, three-fourths cup of clam broth, one cup of hot milk and one-eighth I teaspoon of soda. Add two cups of ' flaked codfish and cook until well heated through. Serve hot with a bor der of seasoned hot rice. Dutch Cod. Take two tablespoons of diced ba con. cook five minutes, add one-fourth cup of hot water, one-eighth teaspoon Lois Lost Her Dog! By ANNE CAMPBELL HOW to picture happiness? Only Loll claims Happiness can run and play Tag and other games I Once Its Image was obscurer In a gloomy fog. That was yesterday, before Lola lost her dog! If he would come back again ] Happiness would run ' > "9 On four Joyous doggy feet Through the summer sun I Who can picture happiness! . ? ? . , . Lois. I suppose! She says Joy Is Just a dog With a soft cold nose! ^ (CoDvrlKht. >?WNU Bp--vice. ^YOU Know? in the early days in I I the Amencin colonies?e?- . pecially in New England? profanity was punished by pinching the offender's tongue in a split stick. Drunkards were also made to wear a red letter D sus pended about their necks. CarOwt'i urn l^tw n.W MTvica of pepper, four cups of chopped cab bage, cook until tender, then add two cups of llaked flsh and Bene very hot on a platter garnished with toast points and bacon curls. ? by Western Newspaper Union. WITTY KITTY By NINA WILCOX PUTNAM. The Girl-Frlend says some theaters advertise that they can be emptied In five minutes; but some singers can empty a theater quicker than that. Q. Bell Syndicate?'WXU Service. Highest of Air Radio Stations A T AN altituile of 7.2U0 foot, at Summitt, Calif., where the Lincoln highway 4* crosses the Sierra .Nevada mountains. Is the highest man-operated air radio -J Station In the West. Here six men are on 24-hour duty sending out signals and weather repor's to the transcontinental air liners on what is one of the most I I treacherous stretches of the airway system. On account of heary winds tha I building Is held down with steel cables. I

Page Text

This is the computer-generated OCR text representation of this newspaper page. It may be empty, if no text could be automatically recognized. This data is also available in Plain Text and XML formats.

Return to page view