davidaulloa/AmericanStories huggingface dataset:
Evening star., 1932-03-08
MORE LEGISLATION
TO BOOST BUSINESS
New Plans Announced by
Chairman SteagaII OF House
Banking Committee.

More new legislation to revive busi-
ness and put money in circulation is
fostered by Chairman Steagan Of the
House Banking Committee. He ex-
planned 1t at length yesterday 10 the
House. inviting criticisms and drawing
applause with announcement that his
new bill would receive immediate con-
sideration by his committee.
It's chief features are
The guarantee of Federal Reserve
member bank deposits
A minimum capital OF $4,000 and
paid-in 10 per cent surplus as require
ments for national bank charters.
Removal OF the double liability OF
national bank stockholders except
where branch banks are operated.
Permission for Federal Reserve mem
bers tn charge for check remittances.
Distribution among member banks of
one half the net earnings Of Federal
Reserve banks.
Would Relieve Fear.
Steagall said his bill would relieve
"the un justified fear which has caused
a continuous shrinkage in deposits and
release many millions OF dollars for
useful activity that are now held and
boarded by individuals and bankers,
he added.
1T is at least an essential step ir
any adequate program looking toward
business revival and recovery. This leg
islation is now favored by many Of the
Federal Reserve Bank officials and by
many men in the banking world who
heretofore have been against the pas
sage of any such legislation"
Steagall explained later his bill is in
no way analogous to the banking re.
forms urged by Senator Glass, Demo
crat, Virginia.
The Glass bill would provide for the
speedy liquidation of insolvent banks
but would not guarantee full payment
Of deposits. 1t also would curb specu-
lation and abolish group banking.
Board Is Proposed.
To guarantee deposits of member
Federal Reserve Banks, Steagall pro-
posed a board consisting Of the Secre-
tary of the Treasury. the Controller
General and three presidential ap-
pointees, equipped with a $4,000, 900
fund This fund would include $500
900, 600 assessed against deposits; $751;
000,000 that Federal Reserve Banks
have paid to the Government In fran
chise taxes and $50, 0,000,0 900 of the
Federal Reserve surplus.
The fund would be maintained by
additional annual assessments on de-
posits up to s100, 600. 900 a year as re-
quired. Steagall further explained:
THE board is authorized to take
over and liquidate all banks that are
certified by the controller as insolvent
Sixty days from the certification of in
solvency the board is required to pay
not less than so per cent of each in
dividual deposit which does not exceed
81 900 and rs per cent of any other
deposits, provided that every depositor
in this group would get at least $500"
Within the next 18 months full pay
ments on all deposits would be re-
quired.
Evening star., 1932-03-08
War Veterans Experience.

"I am a World War veteran and
while an inmate Of Walter Reed Hos
pital last year Q93D, a barber by
trade, 1 thought to myself that no
ventures. no merchants and every
body 'hollering' depression so de-
cided to whip this awful fellow
Depression by borrowing on my
bonus. I invested it in a barber
shop.
Il bought my furniture with some
Of my money, supplies with some
and employed two other men be-
sides myself
II did this to better my own con-
dition as well as others, financially
and morally, also trying TO defeat
Old Depression
AS long as capital will battle
against labor we will always endure
depressions of some nature. Invest
in a small business and grow big;
not in a big business and grow
small.
If I had left my bonus where It
was, would not have gotten any
where, only depending on some one
Evening star., 1932-03-08
Wanted to End Depression.

in November I determined that
depression should cease.
II subscribed literally to the Com
munity Fund and helped out several
young men by sharing my room and
food until they could find employ
ment.
Il still had over 500 a month sur
plus.
six brothers s-in-law were nnem-
ployed back home. My fathers two
room shack needed five rooms more.
On this job I employed five brothers
in-law, also outside help, and it has
kept them all employed throughout
the Winter and isn't finished yet.
This has kept me broke all Win
ter and right now I am broke fiat
until pay day, but just bubbling over
with happiness"
Evening star., 1932-03-08
WORLD MARKET STRESSED
Institute of Scrap Iorn and Steel
Opens Thee-Day Session.

Proposals for development Of foreign
markets were considered today at the
opening session of three-day conven-
tion of the Institute Of Scrap Iron and
Steel in the Mayfiower Hotel Luther
Becker, chief of the Iron and Steel
Division Of the Department OF Com
merce, was the principal speaker
Talks will be given Thursday night
at the annual dinner by Senator Nye
of North Dakota, Merle Thorpe, editor
OF Nations Business: Charles p Alb
bott, executive director of the Ameri-
can Institute of Steel Construction. ano
Benjamin Schwartz, director genera
of the Institute of Scrap Iron anC
Steel.
Evening star., 1932-03-08
TO AID
DRIVE ON BOARDING
Dupont Circle Citizens Promise to
Encourage Sale Of
Baby Bonds"

The Dupont Circle Citizens Associa-
ton yesterday promised its co-opera-
ton in President Hoovers anti-hoard-
ing campaign and in the effort to
persuade the public to buy the new
baby bonds
The matter was brought before the
association at its meeting In the May
flower Hotel by letter from Newbold
Noyes, chairman of the campaign in
the District.
The principal business of the meet
ing was consideration of new con-
stitution and bylaws, which will be
voted on at the next meeting. Yester-
day the citizens suggested various
changes in the preliminary draft.
Admiral William L. Rodgers, first
vice president presided.
Evening star., 1932-03-08
Another Bond Buyer.

"I am never idle. yet when banks
throughout the country were failing
I withdrew my money and placed
it where it is safe, but it Is idle.
idle money is the main cause
of the continued depression and 1
am conscious of mine having its
share in it, but I am not willing
to risk my life's savings without
some kind of security.
Il am going to invest In Govern
ment Baby Bonds. Absolute Secur-
ity at 2 rcr cent solves my problem
and relieve my conscience.
Buy Baby Bonds, put your hoard
ings in circulation and help restore
prosperity"
Evening star., 1932-03-08
A Government Clerk.

Being an obscure Government
clerk with a family to support, and
a salary not much more than what
is necessary for proper maintenance.
the amount left over for luxuries and
savings is comparatively small
However, my wife and myself al
ways have believed in and prac-
ticed TO our limited extent, the Gre
alton and maintenance OF a savings
fund. The past year we have dl-
rected less into our savings in order
TO purchase while prices are low
some things Of a permanent nature
that we have wanted for the com
fort of our home. We are happy IN
the thought that this Is good in
vestment. Hoarding at this time Is
an unsound theory in our minds.
Evening star., 1932-03-08
How to End Hoarding.

ITO relieve the present business
depression we must first release the
money now boarded. To accom-
plish this object, perhaps you can
think of some necessary repairs to
your home, as I have done at my
home, a matter that I had delayed
until now-which gives employment
to persons utterly in need OF work,
or if unable to do this, deposit the
money in a bank for its circulation.
This should appeal to your heart
and to your conscience, for it is
only by the cooperation of all OF
us to bring this Nation back to its
normal condition - as Benjamin
Franklin says: We must either
stand together or hang separ-
ately.'"
Evening star., 1932-03-08
BOARD Of TRADE
BACKS BABY BONDS
Gives Unqualified Indorse-
ment to Presidents Drive
on Hoarding.
The unqualified support of the Wash

The unqualified support of the Wash
ington Board of Trade today was
thrown behind the sale Of the baby
bond" issues Of Treasury certificates, TO
strengthen the financial condition of
the country.
Acting in the name of the 1000 men,
bers of the trade organization, the di-
rectors OF the board today issued a
statement heartily indorsing the anti
boarding campaign as launched by
President Hoover and local committees
throughout the United States.
Urged to Support Program.
The directors of the board urged all
residents of the National Capital to sup
port Newbold Noyes, chairman OF the
Washington committee, in his efforts to
carry out the program of the National
Capital in this movement.
THE Board of Trade recommends to
it's members and to the people OF the
community the investment of their
money in sound securities and the de-
posit of their money in stable financial
institutions and the purchase OF the
new anti-hoarding Government bonds"
the statement continues.
The board desires to stress particu-
larly the dangers Of hiding money
about the household, which can only
encourage crime, and further to point
out that citizens who at this time
withdraw their money from legitimate
circulation are only assisting in pro-
longing a situation which is having a
direct, harmful effect upon themselves.
Further, for every dollar they are
withholding they are destroying meas
urably more in the credit strength of
the Nation This situation calls for as
great a spirit of patriotism and gen.
erosity as was evidenced by the people
of Washington in their subscription to
Liberty Loan bonds during the war and
we, therefore, appeal to every Washing
tonian to do his duty in this economic
conflict"
Back Jobs Drive.
At the same time, the directors of
the Board of Trade commended the
movement now being carried on here
seeking the creation of work as a
means of reducing the unemployment
problem. This campaign Is being con-
Quoted by committee under the chair
manship of E. Goring Bliss. Home
owners are being urged TO proceed now
with house repair and remodeling work
and with improvement OF household
furnishing at this time, when prices of
materials and labor are low.
To carry on such improvements at
this time. it Is pointed out will benefit
the property owner as well as provide
work for men now unemployed.
The board commended the efforts Of
The Evening Star IN this connection. in
making available TO its emloyes loans
for use in home improvements. This
example, If followed by other organiza-
tions In the Capital, would assist mate
rally in solving the unemployment
problem here, the board stated.
Evening star., 1932-03-08
COOK DIES IN SHIP FIRE,
GAS FELLS FOUR SEAMEN
Fumes Generated by Flames in
Hold Asphyxiated Member
of Crew.
By the Associated Press.

BY The Associated Press.
NORFOLK, Va, March 8.-Ramon
Amuchategn, SO, cook of the S. S. Robin
Hood, was asphyxiated and four mem
bers of the crew were overcome by gas
generated from fire in the hold of the
vessel which arrived here last night
from Baltimore.
Amuchategn was sent to the store
room for supplies about 4 o'clock yester-
day afternoon. When he failed to re-
turn, Chief Steward H. j. Schobie, who
went to investigate. was overcome by
fumes as he entered the door Of the
room. He was able to close the door
however, and gave the alarm when he
recovered some minutes later.
Evening star., 1932-03-08
Hoarding and Miserhness.

When boarding came into fashion,
l followed the crowd. But l soon
found that boarding and having a
miserable existence went together.
Where 1 formerly enjoyed every day
necessities, 1 was even denying my
self that. Soon I realized the use
lessness of it all. So 1 dropped
boarding and began once more to
return to a normal way OF living
purchasing needs and going to places
of amusements, occasionally. And
since dropped the boarding habit I
found am much happier. Putting
my money into circulation also helps
considerably toward seeing the
brighter side Of life"
Evening star., 1932-03-08
BACKS LAME DUCK" VOTE
Gov. Roosevelt Asks Immediate
Ratification.

ALBANY, N. Y. March 8 GE9.-Gov.
Roosevelt last night sent a message to
the New York Legislature asking i'm
mediate ratification of the Norris
lame duck" amendment to the Fed
eral Constitution. Bills to provide for
the ratification already have been in
troduced by two Republican legislators
Evening star., 1932-03-08
NEW IMMIGRATION BANS
OPPOSED BY RABBI WISE

BY the Associated Press.
DR.. Stephen S. Wise, rabbi of the
Free Synagogue, New York. today en-
phatically opposed further immigration
restriction.
Before the House immigration Com
mittee he pleaded for the reunion OF
families
1T is nothing less than indecent. at
the behest of tll-willed fanatics. to make
impossible. in the name of further re-
striction, the reunion OF adaptive Ameri-
can citizens with their nearest relatives,
he said
Evening star., 1932-03-08
"Seotchmcn" Don't Hoard.

I'm too thrifty to hoard. I'm
Scotch and want something for my
money Therefore, I put 1t out at
interest. II I lost 1t, that's part Of
the game-it's still in circulation and
while 1 may be poorer, the worlds
bushes goes on. The principle of
boarding is wrong. 1t clogs the
wheels of industry, which causes
unemployment all along the line.
The laborer is idle and cannot pay
his landlord, grocer. merchant, doc
tor. dentist, lawyer, preacher or any
enc. These in turn cannot meet
their obligations and the whole
structure goes smash.
Put your money in circulation
and your faith in Uncle Sam and
ycu can't go wrong
Evening star., 1932-03-08
WASTE is DISCUSSED
z. T. Schlink Addresses Session of
Vocational Educators.


Lack Of knowledge on the part Of the
consumer of goods he purchases for
the home was blamed as the most seri-
Gus factor" in causing waste. in an ad-
dress by F. j. Schlink, president and
technical director OF the Consumers Re-
search. New York City. speaking at 0
session of the vocational educators In
Wardman Park Hotel today.
Besides Mr.. Schhnk. other speakers
included DR.. Adelaide Steele Baylor,
Miss Ruth O'Brien Mrs, Paul Howe,
Miss Alice Edwards and Miss BeSs
Goodykoontz. all of Washington. Miss
Florence Fallgatter and Or. J. C. Wright
of Washington. Kate S. North, Okla
homa City, and Miss Elizabeth Amery.
Baltimore, we're listed as speakers for
this afternoon.
tendance at the session, which will Sc
concluded Friday.
Evening star., 1932-03-08
Law Students on Strike.

PARIS, March 8 R.--Law students
at all French universities walked out on
strike today in protest against a bill
adopted by the Chamber of Deputies
which would obviate the requirement of
a classical degree before bar examina-
tions could be taken.
Evening star., 1932-03-08

Onhcials of Loughrea, Irish Free
state, dedicated the new town hall by
holding Sunday night dance.
Evening star., 1932-03-08

To give provincial residents an oppor-
tunity to ride in it, a 42-Saater air liner.
will tour Great Britain u SprineL
Evening star., 1932-03-08

Forests now cover AZ per cent of the
productive area Of Austria.
Evening star., 1932-03-08
TAX ON BEER ASKED
BY HOUSE MINORITY
TO REDUCE BURDEN

Continued From First Page)
Evening star., 1932-03-08
DRIVE ON BOARDING
MEETS RESPONSES
Citizens Associations Voice
ApproyaI-IjIe Dollars
T Begin to Emerge.

Continued From First Page.)
Evening star., 1932-03-08

else for a Job. but now am an en-
plover instead of an empioye'
Evening star., 1932-05-13
Ransom Note Text
DisclOses Code in
"Jafsie" Dealings
Col. Schwarzkopf Denies
That Ransom Note
Is Available.
By the Associated Press.

By the Associated Press.
NEW YORK, May 13.-The New
York American published today what
1t said it had learned from reliable
sources was the text of the ransom note
left by the kidnapers of the Lindbergh
baby.
1t read as follows:
Dear sir-Have $4,000 ready, s25.-
600 in $50 bills, $4,000 in $40 bills and
$4,000 in SIS bills. Have them in two
packages. Four days we will inform
you to redeem the money.
We warn you for making anything
public or for notifying the police The
child Is in gut care.
Police Make Denial.
Identification for letters are sigma
lures. Answer three fold. Q-3-2-4)
Two rings in blue ink, with center ring
Of red. A blue ink line of the blue
circles on the outer edge of the red. A
hole on the outer edge of each DARK
circle and one in the center of the red.
Don't publish this letter"
Col H. Norman SchwarZkopf, head Of
the New Jersey State police, however,
early today said the ransom note was
not available and the prosecuting au-
thorities have claSsed it as important
evidence and have ordered 1t should
not be made available to the press"
Evening star., 1932-05-13
kidnapping Chronology
Outstanding Incidents in Connection With the Crime
That Shocked Planet Are Recorded
From Day to Day.
BY the Associated Press.


Chronological hghghs perhaps
history
March ss2charies Iindbgh curly haired and 20 months
SO after the kidnapping Betty nursemad found the crib
the alarm that started world wide hunt
ransom understood to be demanded left in
March 3-Lndberghs to
negotiations pledging
March 4-Henry O.
held for questioning Qaer released deportedj
5-indberghs Irving to
childs
March 10Morr
bgh, disclosed another
March 12Rosner said
March 25Three citizens of
terious " - -
of
pursue clues. 80 - -
April 4-Indbgh few seeking
o
Iindbergh paid $4,000 ransom
a
lIndbergh
himself and
Norfolk made mysterious O yacht
5-Gaston B.
child in
Lndbergh
Evening star., 1932-05-13
SYMPATHY MESSAGES
j DELUGE HOPEWELL
Western Union Installs Additional
Equipment to Handle Tele-
: grams Of Coincidence.

NEW YORK, May Is (P-The West
ern Union Telegraph Co. announced
today that it had installed special au-
tomato telegraph equipment to Hope
well, N. j., to handle the food OF
messages Of coincidence pouring into
the Lindbergh home.
A check by the company showed
that more than $4,000 words of press
dispatches were sent out over IL West
ern Union lines from Hopewell last
night. Only three Western Union op-
orators were on hand at Hopewell when
the news first broke yesterday, but by
$50 pm. three more had come from
Trenton and an hour later six arrived
from New York
Western Union had maintained its
large emergency office at Hopewen ever
since the Lindbergh baby was kid
naped. with equipment adequate tc
handle news in quantities of 100000
words q day.
Evening star., 1932-05-13
THEFT OF PASTORS CHILD
FRUSTRATED IN FLORIDA
Two Men Are Imprisoned in Al
legged Conspiracy-Three
Others Sought.
BY the Associated Press.

BY the Associated Press.
ST. PETERSBURG, Fla, May 13.-
Two men were imprisoned today and
search is being made for three others
who police say shared in a plot to kid
nap the 6-year-old daughter Of Rev.
David NJ Gardner of st. Petersburg
general chairman in charge of arrange
ments for the Southern Baptist con-
vention now in session here.
The authorities say they have learned
the conspiracy involved plan to de-
mand $4,000 ransom from delegates to
the convention in event the kidnapping
was accomplished.
Names Of the prisoners and those
sought were not revealed. buG it was
said one man is in jail here and the
other at Clearwater.
Deputy sheriffs of st. Petersburg said
they learned of the plot and made the
arrests before it could be executed.
Evening star., 1932-05-13
REV. C0UGHLIN ASKS
! FIGHT ON GANGSTERS
Priest Sees Challenge to Wipe Out
Lawlessness in Lindbergh
Baby Murder.
BY the Associated Press.

DETROIT, May 13-Rev. Father
Charles E. Coughlin, who broadcast a
weekly sermon over a Nationwide radio
hook-up during the Winter months. to-
day called the death of the KIDNAPPED
Lindbergh baby challenge "to eradi-
cate the gangster and hoodlum from
our country"
His statement, made when he was in
formed by the Associated Press OF the
discovery Of the body, follows:
Now we have been challenged by the
death Of the Lindbergh baby to eradi-
cate the gangster and hoodlum from
our country.
My deepest sympathy goes out to
Col. and Mrs. Lindbergh. May their sor-
row be an incentive to every American
to make this better country for the
children of the growing generation.
And yet my fluctuations are extend
ed to the Lindbergh family. for their
child is not dead, but merely waiting for
them in the land of eternity"
A few days after the child was kid
naped Father Coughlin broadcast an
appeal to the abductors to leave the
child with any Catholic priest or at any
Catholic institution,
Evening star., 1932-05-13
FOG MAROONS SCORE
OF ARMY AIRPLANES
Craft at Uniontown Awaiting Rift
to Continue Flight to Lang
ley Field.
By the Associated Press.

By the Associated Press.
UNIONTOWN, Pa, May 13-A score
OF Army airplanes waited at the Union
town airport today for a rift in the fog
which would allow them to continue to
Langley Field.
The planes were forced down yester-
day by low ceiling and rains. Capt
Alfred Hagenberger. who accompanied
Lieut.. Lester Maitland on the first
flight from California to Honolulu, was
one of the flyers. He took a train fol
Washington to procure a passport fol
Europe where he hopes to attend a
meeting of ocean pilots of the world
The stranded planes we're en- route from
Selfridge Field.
Evening star., 1932-05-13
ALL WELL-TO-DO PARENTS FACE
THREAT OF MARAUDING GANGS
New York Educator Blames Easy Money" Spirit for
kidnapping of Lindbergh Child.

NOUS flyers son on the modern bucca-
neering spirit, which has for its OBJ
jective the acquisition of easy money"
I'VE need fundamental reconstruc-
ton in our whole economic, social and
political life," said DR.. Overstreet. The
Lindbergh case is challenge to us to
unite and combat the mutually devas-
tating type of society in which We find
ourselves"
Speakers on the program include
Charles Evans Hughes, jr., president of
the association; Stanley HA John
son, judge Of the Juvenile Court In
Denver, Colo; Herbert d. Williams, Big
Brother and Big Sister Federation OF
Chicago, and Grace L. Stoakes, chief
lrrobation oficer Of Pittsburgh, Pa,
Evening star., 1932-05-13
BODY FOUND 5 YEARS
AFTER HOP TO PARIS
Discovery Made on Anniversary Of
Lindbergh's Departure From
st. Louis.
By the Associated Press.

BY the Associated Press.
NEW YORK. May 13.-Five years
almost to the hour from the day he
landed at Curtiss Field on Long Island,
an obscure young mail pilot, to COM
plete preparations for the fight that
was to make him the most famous OF
all flyers, Col. Charles A. Ltndbergh
was told that his kidnapped son had
been found, dead.
Lindbergh landed at the old Curtiss
Field, now part of Roosevelt Field,
at 5:33 pm, on May IL. 1927. ~
The baby's body was found yesterday
shortly after 3 pm. and Col. Lndbergh,
aboard yacht that was searching for
the baby and the kidnapers of the
New Jersey coast, was told as soon as
he could be reached.
ST. LOUIS. May ~ R.-Revela-
ton OF the death of his child came to
Col. Charles A Lindbergh exactly five
years after he hoped of here in the
Spirit OF st. Louis for New York to
make the ocean fight that won him
fame. 1t was May IL, 1927, that he
left st. Louis after having flown from
San Diego, Calf, the previous day.
Flags were ordered at half staff at
the Municipal Airport, from which
Col. Lindbergh once few in the Airmal
Service.