davidaulloa/AmericanStories huggingface dataset:
Evening star., 1932-05-11
kREUGER DEATH NEWS
DECLARED WITHHELD
Probe to Be Made of Dumping of
Match Stocks After
Suicide.
BY the Associated Press.

BY the Associated Press.
NEW YORK, May 1.-THE New
York Times says the suicide of Ivar
Kreuger, Swedish industrialist. in
Paris, will be investigated to deter
mine whether news of his death was
withheld to permit insiders" to dump
large blocks of Kreuger securities on
the market.
James N. Rosenberg counsel for the
Irving Trust Co. in bankruptcy pro-
ceedings against the International
Match Co, will scrutinize the matter
in the examination of witnesses, the
paper reports.
Among the witnesses to be called are
Donald Durant, president of Interna-
tional Match, who was in Paris when
Kreuger died Hilda Aberg, housekeeper
of the industrialist's New York apart
ment, and Samuel Pryor of Greenwich,
Conn, a director in the match concern.
The Times quotes Paris dispatches
as saying that French police suppressed
news Of Kreuger's passing for eight
hours and until after the worlds mar
kets had closed. That day, March II,
witnessed a heavy wave Of selling in
the stocks of his corporations and their
aflliates.
Evening star., 1932-05-11
CURTIS BELIEVED
OFF BLOCK ISLAND.
Lindbergh Negotiations Held
Transferred to Point Near
New England.
Rv the Associated Press

BY the Associated Press
NORFOLK, Va May 11.-With a
new scene OF activities off the Rhode
Island Coast reported for his negoti-
ations, John Hughes Curtis, intermed-
iary in the Lindbergh kidnapping case,
was still absent today on a secret trip
undertaken last week. The Virginian-
Pilot said today it had learned that
negotiations are being conducted off
Block Island.
The reported shift in the activities
came after repeated cruises out to sea
from Norfolk had apparently failed in
forming contact. Last week Mr.. Cur
tis and Lieut.. George L. Richard, naval
air pilot. left the naval air base here
on a secret mission.
On his trip northward, the Virgin
ian-Pilot said, Mr. Curtis was taken
to a point at sea, where he went aboard
boat containing representatives of
the kidnapers The paper said Col.
Charles A. Lindbergh left the naval
base here day later.
No information has been dtvulged by
MI. Curtis associates, Rear Admiral
Guy H. Burrage, retired, and Very Rev.
H. Dobson-Peacock.
The change in maneuvers came two
DAYS before the day reported set as a
"deadline" in efforts to recover the
famous child through negotiations.
Evening star., 1932-05-11
POISON FOUND CAUSE
OF BANKERS DEATH

Walter s. Klee Had Summoned
Physician and Told of Taking
Drug-Recently Operated On.
BY the Associated Press.
NEW YORK, May 1.-THE death
yesterday of Walter S. KIee, banker
and retired vice president of S. w.
Straus & Co., was officially attributed
today to poison suicidally administered.
Klee, who was At years old, died in a
sanitarium.
The finding was made by Assistant
Medical Examiner Henry Weinberg in
his official report.
1t was learned that Wednesday morn
ing Klee telephoned a physician, who
called at his apartment and was told
by Klee that he had taken three poison
tablets. Monday night the banker was
removed to the sanitarium, where he
underwent an operation for decapsuli-
zation of both kidneys.
Evening star., 1932-05-11
CANCEL ALL DEBT,
BRUEN|NG URGES
Move Called Most important
to World Economic
Recovery.
BY the Associated Press.

BY the Associated Press.
BERLIN, May 1l-Complete cancel
lation Of political debts is the most
important requisite OF economic recov-
cry Of the world. Chancellor Bruening
told the Reichstag today in long
speech in defense of his foreign and
domestic policies.
Germany's contention that she no
longer can meet reparations payments
has not changed since the Chancellor
first announced it last February. he said,
adding that there is increasing evidence
that the other powers are coming to
realize the justice of that view.
Reparations, said he, can not be sepa-
rated from two other issues, the world
crisis and the problem of disarmament.
Improvement Seen.
ut is easy to understand" he said,
why the people are beginning to lose
enthusiasm because Of the deliberation
with which the Disarmament Confer
ence at Geneva Is proceeding, yet there
ment since February.
The chancellor declared those who
argued for resumption Of such pay
ments at some future time do not real
lze the effects of the fearful shrinkage
IN the national income" He reiterated
that the currency would be maintained
at all costs and imitation resisted to the
utmost.
Unlike the previous German infa-
tlon," he continued, we do not stand
isolated now, but other countries face
the same monetary difficulties"
Situation Is Tense.
DR.. Bruening expressed regret that
Germany had been compelled to take
measures restricting commerce He
pledged the Government to rescind
these measures and also to remove
tariff walls as soon as other nations do
likewise.
The world situation has become. so
tense that there must be no further de-
lay the chancellor said.
The crisis in the next few months is
bound to make such terrific strides" he
told the Reichstag, that delaying even
weeks or months may bring the world
into situation from which there is no
way out"
Evening star., 1932-05-11

lOOntlnued FROM FIRST Page)
and the revenues from the undertak-
lngs should be impounded to pay, first,
the running expenses, and, second. in
terest and sinking fund to the Govern
ment. 1t is estimated that there il
enough work of a municipal nature.
which has been deferred because of
lack OF credit, to employ more than a
million men.
Special Tax Proposal
simultaneously with the issuance of
these bonds a special tax should be
raised to pay the interest and amorti-
zation on the bonds and thus relieve
the balanced budget of any burden in
volved."
The Democratic leader began by de-
claring the indispensable measures in
the present situation are a balanced
budget and methods to get actual buy
ing power into the hands of the con-
sumers. He made his speech just as
the special Senate Economy Committee,
in consultation with the House Econ
omy Committee was getting down to q
week Of strenuous sessions to work out
savings in Government expenditures
which, together with the pending tax
bill, would balance the budget.
Senator Robinson said the greatest
fear that has gripped this country Is
that Of unemployment. It has Chilled"
every heart and carries back through
the merchants, the manufacturer. the
farmer and producers Of other raw ma
teriak.
Worthy Legislation"
Continuing, Robinson said:
The 30-hour week, the application OF
the equalization fee to wheat as test
as to whether 1t is practica Die to make
tariff rates effective as to agricultural
products and modification of the Recon-
struction Finance Corporation act so as
to permit loans to farm loan associa-
tions, are recommended as worthy sub
jectS of legislation. 1t is especially en-
phasized that the budget be balanced;
that emergency relief legislation be en-
acted, and q elf-hquidating construc-
ton program be authorized and carried
forward.
THE indispensable measures are a
balanced budget and methods to get &C
tual buying power into the hands of the
consumer.
End of Borrowing Near.
"A government which can not or will
not pay the bulk Of its annual expenses
out Of revenues must soon come to the
end Of its borrowing capacity. There
is only one course left, namely by one
means or another to issue money Of
doubtful value.
Fear chills the heart of our people
because Of the possibility of that now
and we shall go further down into the
depths unless expenses and receipts are
brought together The fear that this
will not be done nullihes every plan en-
acted or proposed"
Discussing unemployment relief the
Democratic leader added:
notwithstanding the effective efforts
Of certain organizations to stimulate
employment. unemployment is increas-
ing rather than diminishing. Provision
should be made during the present ses-
sion to make certain that local instru-
mentalities. which about exhausted
their resources, may be assured Of the
assistance essential to avert the suffer-
ing that will result from a breakdown
of their efforts"
Senator Robinson then outlined his
other suggestion for stimulating con-
struction projects Of self-liquidating
nature.
Evening star., 1932-05-11
Sales Tax Need Shown
Passage Of Plan Held Only Means to Assure Budget
Balance and Relieve Apprehension Of
Business Future.

than at any time since 1921, when the
bloc headed by Senator Smoot sought
to substitute it for the income tax. The
sales tax. like the income tax, is an
emergency measure, and like that tax
will probably come in the nick of time
to save us from disaster. The income
tax, it will be remembered, became ef-
fective on March 1, 1913. Without its
aid We would have had great difficulty
in financing the war. 10 which, no
doubt, our present troubles are largely
due.
Inconsistency Seen.
While the sales tax is usually called
by its correct name IN the law II is
termed a manufacturers excise tax.
Strangely enough, the House which re-
jected a proposal that would have taxed
the sale of practically all manufactured
products, except necessities. had no
hesitanCy IN imposing an excise or sales
tax upon large list Of selected items
Just why those articles should be picked
out and ali others exempted It is diff
cult to understand. A list Of articles in
ciuded in the House bill, but stricken
out by the Senate Committee. illus
trates the point. That list includes the
following: Toilet preparations. furs,
jewelry, boats. mechanical refrigerators.
sporting goods, firearms, cameras,
matches, candy and soft drinks. While
the Senate has left several items in the
bill, most of them are articles which
had been taxed more or less success
fully under the earlier revenue acts. and
which the Treasury considered would
not be subjected 70 unfair competition
because Of the tax
The inclusion of these items is one
feature of the bill, as it now stands,
which proponents of the general man
ufacturers' tax hope to capitalize. Un-
der the present bill, automobiles would
be subject to levy of per cent. If
included in the general schedule, the
rate would not exceed "a per cent, and
would, in all likelihood, be even less
Likewise the tax on radio receiving sets
would probably be reduced from per
cent to whatever figure were adopted as
the general rate. The automobile and
radio manufacturers may be expected,
therefore, to do what they can in sup
port of the general tax
On the other hand, there Is a pos
sibility that even if general rate were
set, certain exceptions would be made,
notably the tax on brewers wort,
which the Treasury overlooked in its
original proposals. but which is ex-
pected to yield some S97 900 900 every
year While the tax on wort may be
Objectionable to some, there seems to
be no reason why that product should
not pay a special rate the same as
cigarettes and tobacco, nor why the
tax should not be as easily absorbed.
Out of the Is cents which we ordinarily
pay for a package Of cigarettes cents
goes to the Government, without the
smoker hardly realizing that fact
There has never been any cigarette
bootlegging of consequence, and there
seems to be no reason why the wort
tax could not be fully enforced
The next article, appearing tomor-
row, will answer some Of the argu-
rnentS against the sales tax
Evening star., 1932-05-11
District Druggists
Favor Sales Tax
As Best Method

The District of Columbia Phar-
maceutical Association went on
record yesterday as favortng a /
per cent sales tax
A resolution holding the sales
tax to be the least burdensome
means of raising the necessary
revenue was adopted and sent to
the Senate Finance Committee,
House Ways and Means Commit
tee, the Vice President and the
Speaker.
The resolution pointed out such
a tax. exempting necessary foods,
clothing and medicine, would
relieve retail druggists and other
classes Of business men from be-
ing singled out and subjected to
discriminatory and confiscatory
excise taxes" 1t also asserted q
sales tax would prove least bur-
densome and would relieve
smaller incomes from taxation
and thereby aid in the general
recovery Of business and employ
ment."
Evening star., 1932-05-11
CITIES WILL ISSUE
S1M,O)O,O1O BONDS
Market Favorable for New
Municipal Financing,
Say Bankers.
BY the Associated Press

BY the Associated Press
NEW YORK, May 1l.--A number Of
cities and States are planning to tap the
municipal bond market for s1Oo. 900. 600
or more in the next few weeks.
Wal Street bankers incline to the
view that the recent improvement for
highest grade bonds, coincident with the
Federal Reserve Systems vigorous credit
expansion program through its pur-
chases Of Federal Government seari-
ties augurs well for the new municipal
financing.
Market Favorable.
With some large commercial banks,
especially those having excess reserves
with central banking institutions. evin-
eng a willingness to expand investments
there appear to be fair grounds for be-
lief that long-term borrowing planned
oy State and City governments will find
market conditions favorable.
Demand at present is largely for
hlgheSt grade obligations, such as the
recent New York State securities which
attracted a $3.50 600 600 subScrintion for
a S15.O0O,0OO issue, but bankers point
out that inquiry should broaden pro-
Vlded confidence escapes further iolts.
huge volume Of municipal financing
has been held back for months because
OF poor markets, but dealers in this class
OF security say that, given a mainte-
nance OF current trends. there should
be sub3tantial and steady increase in
the number of successful borrowers.
Jersey Issue Leads.
The largest new issue in prospect is a
S2l 900 900 block of New Jersey State
bonds, proceeds Of which are to be used
for highway, and institutional building
construction. Bids are scheduled for
June.
The State of Mississippi. it Is reported
here, will offer a S12 100000 issue while
Minnesota will soon be in the market
with a $10,000.000 batch of highway
bonds. The city of Philadelphia has
announced that it would self publicly
on June 3 $4,000 900 issue.
Another large offering believed to be
in prospect is $34, ,000, 900 issue by the
Delaware River Bridge Commission to
provide funds for acquiring the bridge
between Philadelphia and Camden.
Evening star., 1932-05-11
" STOP GAP" CABINET
PREDICTED IN PARIS
Left and Left-Center Government,
Headed by Painlevc,
Discussed.
BY the Associated Press.

BY the Associated Press.
PARIS, May 11.-France's next gov
ernment, to be formed June 4, may be
neither a Left cartel nor Left and
Center coalition, but a transitional
radical cabinet formed as stop-gap
until the new Chamber Of Deputies gets
its bearings. the newspaper lie Matin
predicted today.
lie Matin said there was a strong cur
rent of opinion in political circles in
favor Of a transitional government
similar to the recent Chautemps and
Steeg ministries. In the lobbies Of the
Chamber of Deputies there was much
talk about the possibility Of a cabinet
headed by former Premier Paul Pain
leve and drawn from the Left and Left
Center. The Socialists would support
such government, it was said, but
would not participate in it.
Evening star., 1932-05-11
PRAISES ROSENDAHL.
Designer Of Akron Approves of Delay
In Texas.

AKRON, Ohio, May IL P.-Dr. Karl
Arnstein. designer of the U. s. q Akron
had only unstinted praise today for
Comdr. Charles E. Rosendahl for de-
laying the mountain crossing in Texas.
DR.. Arnstein, chief engineer and vice
president of the Goodyear Zeppelin
Corporation, builder of the airship. said
the Akron could stay aloft more than
six days and six nights.
THE skipper OF the Akron" DIR. Arm
stein said, used excellent judgment by
not taking any chances in forcing his
way through the mountain passes, with
no visibility and surrounded by impene-
trable thunder showers, since it is the
privilege Of the airship to be able to
stay in the air over long period and
to await safe conditions for such dan
gerous mountain crossings"
Evening star., 1932-05-11
COURT BOW WAITS
MRS. D. {. FINLEY
Washington Woman to Be
Presented at Buckingham
Palace Tonight.
By the Associated Press.

By the Associated Press.
LONDON, May 1l.-Twelve Amer
lean women will stand for one brief
moment before Britians King and
Queen tonight and hear the softly
spoken words of presentation to royalty.
They will then curtsey in solemn
thank YOU for the regal favor and
depart, tired, and perhaps wondering
a bit, to their hotels.
The moment of glory will be the
climax of weeks of excitement and
preparation-hours spent at dress
makers, the trip from America, long
spent in a queue of limousires in the
Mall awaiting their turn to enter the
palace.
Await Court Bow.
Besides Mrs David K. E. Bruce,
daughter of Ambassador Mellon. to-
nights presentees include Miss Mary
Elizabeth Beebe Of Wallingford, Pa;
Miss Helen Bryan, Richmond, Va; Mrs.
Eugene H Dooman, wife of the first
secretary at the American embassy;
Mrs. David E. Finley, Washington,
D. c.. Miss Hilda Foster, Boston; Miss
Estelle Frelinghuysen, daughter of for
mer Senator Joseph F'relinghuysen of
ton; Miss Isobel McCreery, San Fran
cisco; Miss Natica Mast, New York;
Mrs. Cortlandt Parker, Princeton, N. j.,
and Mrs. William T. Pigott, Helena,
Mont.
At the second court tomorrow night
Miss Winifred Holt Bloodgood Of Bal
timore and Mrs. Rufus Graves Mather
of Gibson Island Md, will be among
eight other American women presented.
Evening star., 1932-05-11

Continued From First Page)
vening deficits should be met by bor-
rowing.
Although frequently misunderstood,
this is substantially the policy adopted
by the House of Representatives and
approved by your committee. Last
years deficit was met by borrowing.
This years deficit has been, or will be,
met by borrowing.
I'VE would. by this bill. bring our
budget back into balance in the third
year-that is, in l933-and even then
without covering requirements for
statutory debt retirements in the
amount Of $497, 100000"
Defending the lowered exemptions
on the admissions tax, the committee
report said: "In the existing emergency
tax Of cents on 20-cent admis-
sion or a tax of 3 cents on a 30-cent
admission would not seem to constitute
unduly burdensome contributions 10 the
support OF the Federal Government.
Chairman Smoot presented the COM
nittee report. Senate leaders plan to
take up the tax bill by tomorrow or
Friday at the latest. Night sessions are
in prospect in a drive TO speed enact
ment Of the legislation.
The lengthy committee report de-
tailed the many changes made in the
House bill by the Finance Committee.
1t was estimated that the measure as
revised would increase revenues by
$1010.000, 900 fl 1893. House estimates
of the amount raised by that bill were
put at $1,031 100000.
In submitting the committee report.
Senator Smoot said he expected to open
debate tomorrow by explaining the bills
provisions briefly"
Senator Walsh, Democrat, of Massa-
chusetts, an advocate of the sales tax,
asked the Senate's permission to sub
NIT minority report on the tax meas
ure later
While he did not say so, it was un-
derstood by the Senate that Walsh In
tends TO advance the sales tax In the
report The sales levy was defeated in
the committee, II to 8.
Evening star., 1932-05-11

NOOlSIuucu from FlTSG rage
Kearney, San Diego. about 8 am. Pa
cifc standard time, today.
Necessary to RefueI.
The naval radio station at San Fran
cisco reported the commander had ad-
vised 1t stop was necessary at San
Diego to refuel.
Necessary to land at Camp Kearney
and replenish fuel supply" the mes
sage said, before continuing on to
Sunnyvale. Shall arrive vicinity San
Diego about am. (P. S. T) TODAY"
While the message did not explain
1t was assumed an unexpected amount
OF fuel was consumed in bucking storms
while crossing Texas
Following the Southern Pacific Rail
road much of the time, the Akron was
reported regularly over New Mexico and
Arizona last night through the roads
telegraph system.
Battles Texas Winds.
Beset by high winds, fog and thun-
derstornls across West Texas, causing
backtracking and detours, the Akron
passed over Fl Paso into New Mexico
at SIS pm. (P. s. IT, still battling
winds.
Just before reaching FL Paso, the
dirigible ran into severe sand storm,
forcing her to turn back for the third
time since Monday She detoured
southwark and, desperately bucking
headwinds, finally veered into New
Mexico
Earlier in the afternoon the monster
craft backtracked to the vicinity of
Toyah, Tex, after encountering heavy
clouds and fog over the Guadalupe
Mountains, east of e. Paso.
The Akron hovered near Toyah for
two hours until weather conditions ap-
peared to improve. She then again
climbed to the 5,o00-foot altitude neces-
sary to surmount the pass.
Thousand Oaer Help.
Very little definite information came
from the airship
The Akron proved her worth last
night in a tussle with the elements
riding out a severe rain, hail and cleo
trlcal storm in the vicinity of San
Angelo Tex, where a thousand citizens
were called to the air field in the mis-
taken belief that the dirigible was in
distress and required aid in landing.
Admiral William V. Pratt, chief of
naval operations in Washington, said
advices from Comdr. Rosendahl showed
there never was any intention to land
The dirigible, which left Lakehurst.
N. j., Sunday, carried fuel and sup
plies enough to remain aloft five days.
Navy officials estimated.
Evening star., 1932-05-11
STOCKS PROBE GROUP
WILL MEET FRIDAY
Norbeck Calls Steering Committee
to Map Future Course and
Hear Gray Report.
BY the Associated Press.

BY the Associated Press
Chairman Norbeck today called the
Steering Committee in charge of the
Senate'S stock market investigation Il
meet Friday to map out the future
course of the inquiry
William A. Gray, committee counsel
was instructed to attend the meeting
and report on the progress Of his secret
investigation Of New York Stock Ex-
change and brokerage records.
A corps of special investigators has
been working under Gray in New York
Chicago and other cities to find any
irregularities that may exist in stock
practices.