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The Waterbury Democrat., 1931-12-24
People Backing
 Bank Confidence
(continued from Page 1.)

(Continued from Page 1.)
 ness were splendid testimonials of confidence in local banking insti- tutions. "The local banks have re- ceived more money than they will actually need in the present emer- gency," he declared and intimated that plans were under considera- ton to have many thousands of dollars returned to the Boston, New York and Hartford banks which answered the call for assist ance.
 Local banks have the assurance of some of the outstanding banks of the country that millions would be available if the occasion war rants 1t, but the fact that thou sands of depositors failed even to visit the banks or attempt to with draw their savings indicated very clearly that they were not alarmed over tho situation and that the present unpleasant features were localized in the Merchants Trust company and two private banks for which 1t acted as depository Sanditz & Traurig and the Kaze- mekas bank in the Brooklyn dis trict. Both of these institutions were obliged to close when sudden demands exhausted their ready cash.
 Prominent bankers who yester- day predicted that there was no oc- casion for the public to become alarmed were even more optimistic to-day than ever. They pointed out the surprising number of new de- posltors and the fact that the num- Der of attempts of withdrawals were below expectations. This fea- ture makes the presence of the $S00,000 reserve currency unnec- essary. It Is confidently expected that when banks open after tho holiday the public would appre- ciate more extensively the efforts taken to safeguard their interests.
 Bankers when asked if they were in need of assistance from tho Na- tional Credit corporation, recently established by President Hoover, stated that 1t would be unnecessary to 20 to this extreme. Yesterdays flnre-up was scarcely in evidence to-day.
 Announcement of tho arrival of tho two shipments of money tend cd to ease the tension of thousands. Tho first big shipment arrived last evening at 6:2S o'clock and the second came to Waterbury under heavy guard tbis morning. The currency was well protected In It's transportation from the railroad station to the Citizens-Manuiactur- CTS bank and later to other instl- tutions.
 Checks issued to members of tho fire and police departments yester- day were handled fin other banks without any confusion. City oiil- clals have made arrangements for carrying on It's financial transac- tlons so that there will be no in- convenience.
The Waterbury Democrat., 1931-12-24
GUN THAT KILLED ; JACK DIAMOND
 HAS BEEN FOUND
Located in Back Yard of ROOming House, Short Distance From Scene of Tragedy

Albany, N. Y., Dec. 24.--(UP) [. l--Identification of pistol as the one with which Jack (Legs) Diamond
 was killed, led police to hope to- day for a solution of the murder, Detective Sergeant Harry Butts,
 ballistics expert of the New York city police force, who examined the pistol and one of the bullets extracted from the gangster's head, told Albany authorities he was positive 1t was the gun used to
 rub out" Diamond last Friday
 The pistol was found in the back yard of a rooming house in Jay street, only a short distance from the house in which Diamond was
 slain.
 Police also have discovered that
 a revolver found in vacant lot
 @ few blocks from Diamonds home was stolen during Q robbery in the headquarters of a policy game
 It was learned an unidentified New York detective, working in col. |laboration with Albany police, has uncovered most of the important facts concerning the staying. He
 is working on behalf of Attorney General John J. Bennett, 1t was
 said. The automobile license oi
 John H. Storer, owner of O taxicat
 company, who drove Diamond from
 the apartment of Marion (kiki)
 Roberts to Legs" rooming house
 shortly before the staying, has been
 suspended.
The Waterbury Democrat., 1931-12-24
Examiners in
 Charge of Bank
(continued from Page ID

No formal statements were is- sued today by Henry weyand presi- dent of the bank, who has assured all depositors that their interests will be fully protected and that they would receive dollar for dol- lar on their deposits. MT Wey- and's statement reflects the opinion of not only directors of the bank, but many of it's most prominent stockholders and depositors.
 The. appointment of a receiver would be the starting point of Q general wind-up of the banks bus mess. But now until the examin- CTS file a report of their investi- gation will 1t be possible to specu- late on a course of action, particu- larly on the merits of two plans reorganization with a statement to the public that the actions of the directors was justified by their con cern for the interests of all de- positors or Q merger With another local bank.
 While the directors conferred about future plans and the ap- pointment of temporary receiver thousands of depositors speculateo as to the length of time they will be obliged to walt to obtain theii money and what percentage of I they would receive if 1t were moi possible for the officials to mel their frozen assets" The officia statement of the bank directors ex. plained that drastic action wat necessary to improve its impaired liquid position by the depreciation in value of securities and a big de. crease in the amount of deposits. Il is reported that some heavy with drawals were made during the pas' month. The directors in voting not to open it's doors voluntarily took the initiative in placing its affairs in the hands of the state banh commissioner.
 As stated in last evenings Demo crat the leading bankers of the city cling to the opinion that the Mer' chants Trust company, not with standing yesterday mornings ac ton, is solvent. They base theii conclusion upon the fact that tho bank could have obtained sub stantial loan. one had been ap proved of by the National Credi Corporation and such action Il taken only after the matter O. solvency has been determined be yond all doubt. This is one of th' most encouraging features of th' entire situation, the approval O the National Credit Corporation which was formed recently at thu instigation of President Hoover.
The Waterbury Democrat., 1931-12-24
Lower Gas Rates
 on January First
tcontinued from Page 1.l

billed at 95 cents per thousand cu- bic feet or about 20 per cent less than under the old rate on which 95 per cent of the residence cus- toners have bene billed. Tn ad- dition the company has liberal- ized its extension requirements thus assisting in extending the service into territory in which gas is not now available.
 "The electric rate reduction, which were made effective at tho beginning of the year, have re- suited in a saving to the cus- toners in the Waterbury district of about S125,000, which combined with the new gas rate reduction, effects a total saving of more than S200,o00 per year as compared with the rates in efefct a year ago."
 The new rate, as explained by Mir Allen is figured thusly:
 The first 300 cubic feet--90 cents.
 Next 1000 cubic feet-S1.s0.
 Balance--95 cents, per thousand cubic feet.
 The effect on the small user will be a reduction from one dollar to 90 cents, or 10 per cent, on the minimum charge. The effect on the user of 5000 cubic feet will be saving of $5.04 or 10 per cent, and the effect on the user of 5000 cubic feet will be saving of S11.04 or 13.0 per cent.
The Waterbury Democrat., 1931-12-24

West Haven Bank and Trust conn pany became 50 heavy that the directors realized they would be obliged, in order to meet the situn- ton, to throw such securities as they had upon the market at prices far below ordinary values. They also realized that they would not be treating all their deposltors eouitably if they allowed some of them to withdraw their money while the more loyal depositors left their funds in the bank, and, with these considerations in mind, there semeed to be left only one course to follow.
 we have now reached a very serious condition of affairs for which the public is, to Q largo have apparently failed to realize the fact that the banks do not carry their deposits in the form of cash in theip vaults. Deposits made with the banks are invested Tn high grade securities, in loans ana first mortgages or in loans to big houses or on personal security. To compel the banks at this time to CHll lOunb tHdt HhN0 pGeh uie1uS on real estate, or which have been made to manufactures or business men for use in ordinary conduct of their business, might In some cases, create undue hardship among the owners of homes, might compel manufacturers to close their fac- tories and business men to close their shops, all of which would throw many people out of employ ment and create far greater amount of financial distress and personal suffering than we can as the moment realize.
 If on the other hand the pub' lie will realize that tho manage ment of the banks Is in the hands of men who are keenly alive tc the situation and who are using every possible effort to keep the machinery of tho banks in running order, G situation almost approach. ing panic conditions will be averted
 "The banks are now doing every. thing humanely possible and the
The Waterbury Democrat., 1931-12-24

,Continued from Page l)
 in every section of the city to-day distributing food, clothing, fuel, toys and the like. Plans were un- derway for Christmas parties to- night. Brookside home, with It's many inmates, was being bright ened with the cheer of Christmas And the local churches were ready for this evenings watch nigh: services and tomorrow special Christmas services.
 In all approximately 5000 bas- kets of food. clothing and toys will have been distributed by nightfall to the needy of the city through the medium of Waterbury's many charitable and fraternal organiza- tions. The Elks were also very busy to-day with the organiZation's GUS tomary Christmas charity.
 Five hundred baskets were dis tributed by the Mutual Aid com mittee yesterday and to-day 1,O0t were being sent to various homes in the city. The charity depart ment sent out 425 baskets and the Salvation Army had 325 to distrib- ute. Tn addition several hundred other baskets were being handled by other organizations.
 Waterbury's business will sus- pend entirely tomorrow. Tho banks, the Sllas Bronson Library the post office. all factories and stores and nll municipal depart menst with the exception of the fir' and police divisions. will be closed
 The Y. M. C. 4. clubs were eos operating to-day In the distribution of the various baskets. At Brook side home Superintendent Matthew ]. smith stated that turkey dinner with alI the trimmings will b' served the TIC inmates tomorrow over a ton of chlckena. along witt fruit and vegetables, went out from the charity departments office q the City Hall. also.
 This afternoon at 2i5O o'ciocI
The Waterbury Democrat., 1931-12-24

"The worldwide agitation and the demands for the release of 'America's Dreyfus' should be con- vincing proof that as long as l am held unjustly in prison I am far greater source of unrest than if l were free. Only when that is real ized will there be a chance for a pardon. in his Christmas interview, and his advisors do not need three months to study the evidence. The whole frameup case against me collapsed utterly when Oxman and Mcdonald admitted they did not see me at the scene of the bombing.
 There is not whit of evidence to cconnect me with that terrible atrocity. The governor knows that. So does anyone who has studied the case"
 Mooney reiterated he would not accept a parole and the stigma of guilt it implies"
 This is n fight for n principle, not alone for the right to return to my family and society,"" he de- cIared. Parole is n form Of con- tInuoua imprisonment in itself"
 He looked around the little veg etable room where he prepares food for the prisons 5000 inmates.
 "Ail work ia honorable" he said. 'I am not 0hjeeting. It looks as though 1 would go on for q long time peeIlng potntoes."
The Waterbury Democrat., 1931-12-24
BANKS OF NEW
 HAVEN ACT

New Haven, Conn, Dec 24- (UP) )--Leading banks of this city and suburbs invoked the 90-day provision on savings withdrawals to-day as a move toward stability as result of closing three banks within week.
 Depositors will be allowed to withdraw S100 week on instant notice but the rarely-invoked 90- day law will apply to larger amounts.
The Waterbury Democrat., 1931-12-24

drawals at the West Haven Bank and Trust Company. That bank had plenty of cash to meet them. Tho failure of the Broadway Bank and Trust company, however, has apparently caused . great deal of unrest among savings depositors and the withdrawals from the
The Waterbury Democrat., 1931-12-24
Half Million Of
 Needy To Be Helped
tcontinuod From Page 1)

mas funds may be held up through an attachment of tho fund made by Frank Guidetti seeking to col- lect q S3b balance on last years coal Dill.
The Waterbury Democrat., 1931-12-24

The report further states: "In- dtastrial activity In New England, while considerably below the 1923 penk. has not suffered the recession it ilas in other sections of the coun- fry--particularly the midwestern, aI,A far western sections, and in thIS respect we have been particu-
The Waterbury Democrat., 1931-12-24

state of Connecticut, Is in close banking department, Is in close touch with the situation. t is now time for tho public to help"
The Waterbury Democrat., 1931-12-24
BASED ON ERROR

Washington, Dec 24.-(UP)--. The argument that the burden of tax increases proposed by the ad l. ministration would fall primarily upon individuals of small means was said to-day by treasury ofii- cials to be based upon an erron- eous Interpretation of the pro- posais.
The Waterbury Democrat., 1931-12-24
Commissioner
 Speaks on Banks

(continued from Page 1.)
The Waterbury Democrat., 1931-12-24

Slippers entirely of rubber nr, being made in Japan.
The Waterbury Democrat., 1931-12-24
ONLY WOMAN NAMED

South Hadley. Mass, Dec 24.- (UP)-Mary Emma Woofley, presi- dent of Mount Holyoke college for the past 31 years and widely iden- tified with movements for world peace, said to-day she probably will accept her appointment as the only woman member of the Amer lean disarmament commission.
The Waterbury Democrat., 1931-12-24
s, ,4O0, 900 Budget For State; Larger
 Than a Year Ago
SzOOOOO for Extensions of Lines and Increasing Cir cult Capacities in Brass City-$4O,OOO to Im- prove Local Gas Company

The Connecticut Light & Power company will expend $660,000 in construction work in the Water- bury district during 1882 accord ing to an announcement made to- day by Charles !. Allen, manager of the local plant. The sum to be laid out for the Waterbury dis tfict is part of the $3.400,000 con- struction budget of the company and it's associated companies set Mp for next year.
 The large sum to be spent for the Waterbury district will Include an item of s200,000 for miscellan- eous extension of lines and for in- creasing circuit capacities. An other S200,000 item Is set up as the approximate cost of construc- ton of the new Baldwin street sub station, concerning which an nn- ilouncement was made previously.
 The Baldwin street sub-station will be used in assuming some or the sub-station facilities of the Freight street station which Is be- coming overburdened.
 The company will spend $40,000 for Improvements to the water bury Gas company plant and the remaining S210,000 of the $65o. 900 will be split up among miscellan- eous expenditures.
 The three and a half million budget of the Connecticut Light e Power company represents q sizeabie increase over the capital expenditures of 1881 for additions and improvements to the com pany's plant. The total expendi- lures as of December 31, this year are figured at $2,496,000.
 The 1882 budget Is set up as fol- lows:
The Waterbury Democrat., 1931-12-24
Tom Mooney
 Gives Up Hope

(Continued from Page ,1.)
The Waterbury Democrat., 1931-12-24

Venezuela estimates its present coffee crop at 100000 bags.
The Waterbury Democrat., 1931-12-24
Waterbury to
 Seek Out Needy

Continued from Page lJ
Seward daily gateway., 1931-06-04
GREAT NEW AIR GIANT ID
 USE HEL|UM GAS
DIRIGIBLE TO HAVE SMOKER AND OTHER COMFORTS
 FOR PASSENGERS
FRIEDRICHSHAFEN, Germany,

FRIEDRICHSHAFEN, Germany, June 4. (P)-Not this year, as originally scheduled, but by the end of 1882 Dr. Hugo Eckener ex- poets to take to the air with a new dirigible which is accident proof, so far as human ingenuity can make it.
 Helium gas and crude oil motors will supply the one factor of safe ty hitherto lacking.
 "The disaster to the English R-101 showed that the only danger that remains for lighter-t than air craft is that of explosion in the event of running up against la mountain or hitting the ground hard" Dr. Eckener said.
 We no longer fear storms or heat or cold. Our Graf Zeppelin has been through the toughest weather imaginable. The only possible element of danger is the inflamma bility of hydrogen gas in the balloons, and of 'blau gas and benzine for the motors.
 "The dirigible which we are de- signing will be filled with helium gas and will be driven by motors using crude oil as fuel. 
 "The decision to change to these two n-inflammable materials has set us back a whole year. But there was no other thing to do. Tt will be good news for in- veterate smokers, that our new ship will have large smoking room. It will be easier, too, to in- crease other comforts for passen- gers.
 Tt requires about 20 per cent more helium gas to carry the same load as hydrogen gas. Hence, while our new dirigible was origin ally designed to carry 65,0O0 cubic meters of hydrogen, we must now enlarge it to carry 100000 cubic meters of helium.
 Larger Than Akron
 The dirigible under construc- tion in Akron, Ohio, is to be of approximately the same size as that which we originally designed for Friedrichshafen. Now that we shall increase the size of ours to allow for the helium, the German craft will be somewhat larger than the Akron ship, whose cubicle con- tent is nearly double that of the Graf.
Seward daily gateway., 1931-06-04
JAPANESE OFFICIAL

T. Aria, one of Japan's fish commissioners, arrived Wednesday from Unalaska, passenger on the SS Starr. Mr. Aria arrived at the Westward seaport on a Jap anese vessel which had been sent with supplies for the Japanese aviator who since has been delayed in making his proposed Pacific flight. MT. Aria departs for Seat tie on the SS Alaska.
Seward daily gateway., 1931-06-04

Chester backy, popular seaman member of the Steamer Starr crew, left the vessel at Dillingham;. "Chet" proposed to go out fishing for the present season.
Seward daily gateway., 1931-06-04
NOTICE!

Metaphysical books for sale. Jessie Wiley, Room 8, over Seward Grill. Evenings after 500 p. m. Classes in Lessns in Truth Wednes- days 500 p. m.
Seward daily gateway., 1931-06-04

Have you heard he new "OKEH" records at Sylvia's. They are won- derful.
Seward daily gateway., 1931-06-04
SILVER ANNIVERSARY

The arrival of the 18th wedding of MT. and Mrs. w. R. Shellhorn yesterday was the signal for a silver shower by their host of friends and dinner at their resi- dence. Throughout the day they were the recipients of congratula- tions.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-05-08
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Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-05-08
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Announcements
Attention Tourists

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Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1931-05-08
Radio Features for Friday and Saturday

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