davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-12-19
Produce Markets

Delivered in In; Indianapolis prices; Hens
sprinRers. IL lbs. up. &c: baTebacks and
partly " feethered 7c Ieghorn and blaees:
hor Ts COCKS Sq e. 'Q ca6on snd ov saF 5s
l5c: g to 9 lbs. 1sc I to lbs. 11c;. 6
to 7 lbs, 1Oc: under 8 lbs, and. slips, &c.
over AZ lbs. &c; small and colored, SC.
guineas, each, zoe; old. 15c; Turkeys. choice
toms Il e to IS lbs 1oc Choice " Young toms
over Is lbs. &c: choice old hens. &c; choice
Eggs. approved buying grades Of Institute
Of American Poultry Industries: NO. l.
zoe; No. Q. 24c; No 3. tic; country run.
grades lTTS 20 to 2ic: butterfat iSc. The
prices for healthy stock, free from feed.
Wadley company.
BY UNITED PRESS
CHICAGO. Dec. Eggs-Market, I'M
settled; receipts, 2,643 cases; receipts,
2.64S cases; extra irsts. 31ac; firsts, 2034c;
Butter-Market unsettled; receipts. 12,017
ar st 25Gasisc; arsts.' 22is@ 22azc; Sec
Market, unsettled: receipts. cars, 25
trucks; fowls, l0d 13c; springers, 10@l0isc;
Leghorns, &C; ducks, Ga l1c:, geese, 1oc;
broilers, a17c. Cheese-Twins, 1194M 12c;
Young Americas. 12h@l2lac. Potatoes
/ On track. 100 arrivals, 0OCs shipments.
468: market. steady: Wisconsin Round
| Whites, 75d80c; Idaho Russets. s120;
Michigan Russell Rurals, 77i2c; Colorado
McClures, sl.2501.S0.
NEW YORK. Dec 1e-Potatoes-Q quiet:
Long Island. 75cds2.35 per Barrel: state.
S1.43d2 per sack; Bermuda. s5.50d7 per
! SlM1 LIS; Maine Sln2.l0 per barrel; Idaho.
barrel. Sweet potatoes-Steady. Jersey
basket, 35casl.40; southern basket. 60d
| 78c Flour-Steady: springs. patents,
SO. 5od3.75 per barrel. Pork-DuIl: mess.
Si5.25 per barrel Lard-Firm middle
west spot. S4.70G4.80 per 100 pounds. Pc
troleum-Firm; New York refined. lie gall
Ion; crude Pennsylvania, s1.221 1.72 per
barrel Grease--Quiet; brown, 17sac per
pound: yellow, lac per pound: white 2lsm
Sac per pound. Tallow-Quiet; special
to extra. 2isG27sc per pound Common
hides-inactive. Hides-City packer. quiet;
native steers, SAC; butt brands &C. Colo
radios, zizc. Dressed poultry-Quiet; tur-
keys. ia 19c; chickens. 19d 22c: brasiers,
10d zoe; capons. goa 5c fowls. ga 19c;
ducks, l0M15c; Long Island ducks. l5N 16c.
Live poultry-DuM: geese. 3N14c; ducks
ga 18c: fowls. 10d lie; turkeys. l0al8c.
ROSTERS 10dilc; chickens, 100 i5c. capons
14N 22c; broilers. LA tic. Cheese-Steadv.
state whole milk fancy to specials, 16e7 Isc:
Young America. 13lfec. Butter-Market
easier. creamery, higher than extras 26d
Csc. extra 90 score, 25I2c: hrsts 81 score
asa 25l4c; drsts So TO 80 score 23fam14s4
seconds, 2zM23isc. EggSzMarket unset
tied; special packs, including unusual CSC
hennery selections, 35c; standards. 31c.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-12-19
Births

BirtnS
Ollie and Naomi Martin. 27i5 North
Meridian Va
Clarence and Beatrice Graham. city
hospital.
Perry and Adellne Harris. city hos
pitapal
pital
William Ester carrico. city hospital.
Frank and Martha Crook, sos Arch.
Villa
Thomas and Ruth Jones. Alb Cornelius
Tenth
Kenneth and Emile Davis. Coleman
Charles and Freida Faulkner, Coleman
hospital.
Michael and Marietta Tucker. Coleman
William and Dorothy Ross 81 Schiller.
arthur and Juanita Hall, 40l North OK
ford.
Loren and Ida Sinner. city hospital
Thomas and Edna Day city hospital
Enos and Jessie Parler. city hospital
PAU and Blanche Tubbs city hospital
Clifford and Eva Sprgin, 3l5 South
Joseph and Margaret Burks. Coleman
hospital
Edward and Kathryn Walsh. st. vincent
hospital
Arthur and Olive Leary St Vincent's
hospital.
Elvin and Lenora Lockhart. SOTO Hard
ing
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-12-19

Food matinee at the Tacoma
theater will be held at 100 Friday
afternoon instead Of 10 in the morn
ing as previously announced. Adj
mission will be by articles Of food.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-12-19

Dooley Hotshots we're beaten by United
States Tire quintet. "a to II. after trail
ing IA TO 8 at the half. Games are wanted
on Saturdays and Sundays with teams
having access TO a gym. Call Oh. 3449-W,
ask for Dooley.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-12-19
M'NUTT H0N0RED AT
LAW SCHOOL BANQUET
Faculty and Students Unite in
Tribute at Indiana U.
By Times Special

By Times Special
BLOOMINGTON, Ind, Dec. 10
Governor Elect Paul v. McNutt was
honored here Sunday night with a
banquet given by faculty and stu
dents of the Indiana university law
school. The banquet was given at
the Graham hotel with William
Husselman of Auburn, president of
the senior law class, acting as toast
master.
Extemporaneous speeches in trib-
ute to the Governor ELECT were given
by faculty members and Leon Wal
lace of Terre Haute, senior law stu
dent, spoke for the law school stu :.
dents.
The committee in charge of the
banquet included HusSelman; RexaIl
Boyd, GreencastIe; Harold Hen
erickson, Folsomville; William Wal
schmidt, Cannelton; Addison
Beavers, indianapolis; Erwin Rosen-
thai, Crown Point; Sidney McClel-
Ian, Muncie, and Albert Martindale.
Bloomington.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-12-19
HANUKKAH TO BEGIN
Jewish Feast of Dedication to Con-
tinue for Eight Days.

WISH AO"os VI OculcdIlOn TO Con-
tinue for Eight Days.
Celebration of Hanukkah. the
feast of dedication, one of the most
interesting of Jewish holidays, will
begin Friday night and continue for
eight days.
Hanukkah commentaries the
successful resistance of the Jewish
people to efforts during the years
from 1853 to 165 before the Christian
era, by Antiochus Epiphanes. Syrian
king, to make the Greek religion
the sole religion Of his domain.
Resistance to this decree is be-
lieyed one of the first struggles for
religious liberty and led to the tri-
umph of Judaism over paganism.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-12-19

bU DNtLtu PTC88
TOLEDO. Dec. 17.-Grain close: Grain in
red. 51d52c; No. red, lc premium Corn
No. 2 yellow. 2ei2 a 30i2c Oats-No. 3
Rg 5I{e;, 2 o Rge-No. 2. 4Sla@44lkc.
rate: Wheat-No. red, 49, 6i47c: No /
red, 47@48c. Corn-No 2 yellow. 25G 26c:
M9 3 yellow: 24Q241ac; No; 4 yellow. 2s@
close: Clover-Cash. SIS. SO; December. SIS CO.
Alslke-Cash. $5.95: December. SIS as
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-12-19

Tonight, Miller vs.. Greenberger: Tues
Gay nisht. sspiyev vs.. Cook: "Wednesday
night skirvin vs. Fox. Friday night Fox
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-12-19
M'NANNY RITES SET
Funeral Services Arranged for Vic
tim of Auto Fumes.


tim of Auto Fumes.
Funeral services will be held at
2 Tuesday afternoon at the home of
Ray G. McNanny, Al, of 2341 Car
rollton avenue, a collector for the
Commercial Service Company, who
was killed by fumes from an ex-
haust heater while driving his auto
near TT. Wayne avenue and Penn
sylvania street Saturday morning.
Survivors are the widow, Mrs.
Bertha McNanny; two daughters,
Mary and Jean; three sisters, Misses
Emma and Nell McNanny Of In
dianapolis, and Mrs. Fred Sleight of
Shoals, and half-brother, John
Gamble Of Washington.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-12-19
LOVE, WEST TANGLE

Billy Love. Dallas CTex.) light
weight. and Stanley West, Mil
waukee veteran, will collide in the
two falls out Of three main event
Of Friday nights mat bill at the
Armory.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-12-19
MEMPHIS, BOSTON DRAW
By Times Snecial

q y 7 INIFs = TFtIIUI
MEMPHIS, Tenn. Dec. 1e.-The
Memphis Tigers. led by the great
Ernie Nevers. battled the Boston
Braves Of the National Professional
Football League to q scoreless tie
here Sunday on a muddy gridiron.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-12-19
Chicago Fruit
BIZ United Press

By United Press
CHICAGO, Dec. 9.-Apples-Michiean
Jonathans. bushel SIPS; Spies, busheI
9S1olg 80 Mcintosh bushel s125G1.40;
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-12-19
STOCK MARKET
MOVES UP IN
LIGHT VOLUME
Strength in Bonds a Factor
in UpSWing; Steel
Shares Up.
Average Stock Prices

Average Of thirty industrials for satur-
day, high 60.74, low $685. last 60.I1. of
Al. Average Of twenty rails. 2778. IL 40,
27-59, OF II. Average Of twenty utilities.
1925, 2790, 28l0, up 10. Average of
forty bonds, lisa up Is.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-12-19
JONES, COOLER LEAD

Neal Jones and the defender.
Harry Cooler. still top the state
three cushion billiard tourney with
five victories and no defeats. The
standings.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-12-19
The City in Brief

+ Annual Christmas party of the or
CARNATIONS will be held Tuesday
night, Dec. 27.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-12-19


Liverpool amounted to 54,841 tons, de-
crease of 47O tons.
All grades of Wyoming field crude oil
reduced 81 cents a barrel as of Dec. Is,
with Elk Basin and Grass Creek now 81
cents barrel.
Sugar melt of fourteen United States
refiners from Jan. to Dec. 10. totaled
S,615,OOO long tons, against 4,OS5,OOO in
like period of 1851; deliveries totaled
100000 long tons, against SS1O,OOO a
year ago.
Steel operations during past week de-
clined ! per cent to ia per cent, accord
ing to Magazine Steel.
Crude oil output during week ended
Dec. II, averaged 467, $50 barrels daily, a
decrease of $500 from previous week, ac-
cording to California Oil World.
Montreal Telegraph Co. declared the
regular quarterly dividend of 80 cents
less Canadian income tax, payable Jan.
l6 of record Dec. 81.
Protective committee formed for
Schultz Real Estate Co. Inc, 1O-year 6
per cent sinking fund notes due June l.
1885.
Paramount Public Corporation follow
ing survey Of 1,044 domestic leases has
effected reduction on 637 amounting to
about S3,600000 of which 81 100 900 is ap-
plicable to 1882.
Market Street Railway in twelve months
ended Nov. 30. 1882, reported net profit
amounting to 1891, 251 after ordinary taxes,
but before interest, depreciation and
federal taxes, against $1,316,314 in twelve
months ended Nov 30, 1881.
Directors of I. Magnin & Co., seeking
approval of stockholders to reduce state
capital from S2,29S, 800 to 81 ,348, 399; pur-
pose of reduction to write down fixture
and improvements, valuation write off
preferred discount and provide additional
reserves for contingencies.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-12-19
HIGH COURT RECESSES

Supreme Bench Will Return to
Work Jan. 9; Decisions Pending.
BIZ United Press
WASHINGTON, Dec. 19.-The
supreme court recessed for three
weeks after a brief MONDAY session
today. IL viii resume Jan. 8, when
several important decisions are ex-
pected. q
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-12-19
Chicago Primary Receipts
Chicago Futures Range
CHICAGO CASH GRAIN
Dec. Is

81 tnted Press
CHICAGO. Dec. 17.-Cash grain close:
mixed, 23c; No. mixed. 22Iac: No. 3
Xye vel 2Sa2sose; No, 4 yellow; 2is4 22s5c:
loldl No. 2 yellow. 25Hc Oats-No.
white. 1694@17c No. white. 1910: SAM
pie grade. 13c. Rve-No sales Barley
24M37c. Timothy-S2 200 3 so CIover-
S5.50d8.50.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-12-19
tBy Abbott. Hoppin g. co..
PRICES ARE TO 12 NOON C. S. T.
Chicago Stocks Opening

tBy ABBOTT Hoppin & Col
Dec 49,
ASS Tel UtH .. IL Grigsbv Grunow. -
Borg Warner. insult IS 1910 II
Cities Serv 49, 2sk Lib Mcneil Prod lss
Cord Corp . ia Ut and Ind com IL
Cont Chi pfd. . 1S
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-12-19
RU Times Sneciol
TOLEDO CASH GRAIN

CHICAGO. Dec 19-Carlots: Wheat g.:
corn, II; oats, 9; rye. 2, and barley, IL
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-12-19

INDIANAPOLIS WAGON WHEAT
:, City grain elevators are paving acc for
No. 2 soft wheat. other grades on their
merits. - i%
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-12-19
INDIANAPOLIS STOCKS
AND BONDS
CBy Newton Todd

(By Newton Todd
The following quotations do not repre-
sent firm bids and offerings, but indicate
the approximate markets based on recent
transactions or inquiries to buy and sell
Dec. 10
Stocks
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-12-19
Bank CIearings
INDIANAPOLIS STATEMENT
Foreign Exchange

(By Abbott. Eoppin g. CO..
Der. a.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-12-19

Mooresvile Merchants defeated Frank
lin, q to Is, and the B team defeated
indianapolis Cubs. IS to II. Merchants
are unable to obtain the Mooresville gym
for Tuesday night. Dearborn Juniors and
Greenfield. notice. For games on a home
and home basis, write or call II. R. Nevins
Jr.. Mooresville.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-12-19
New York Curb
(By Thomson & McKinnon)
Dec. l9--
New York Bank Stocks
Dec. 10

lBy Thomson & McKinnonl
Dec. II
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-12-19

Smoke House tripped Jobbng, 81 to 26:
81. and Cutting Floor noseo out city
Branch, 81 to 35. in Kingans Employees
League Tits at Olympic gym Cutting
Floor and Main Office, with three wins
and one loss each, top the league. Smoke
House. Beef Express and Jobbing are tied
with two victories and two losses each.
and City Branch has dropped four
straight.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-12-19
DOW-JONES
SUMMARY

Stocks of crude rubber in London as of
Dec. II, totaled 1888 tons, a decrease of
Liverpool amounted to 54,841 tons, de-
crease of 470 tons.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-12-19

Sans Subways disire games with local
fives in the l4l6-year-old class on home
between $50 and D. m. and ask for
Fred.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-12-19

All grades of Wyoming field crude oil
reduced 27 cents a barrel as of Dec. 16,
with Elk Basin and Grass Greek now 81
cents a barrel.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-12-19

st. Paul. still unbeaten. took the undis-
puted lead in the Lutheran Basketball AS
ISOLATION with a as to Al triumph over
Emmaus at st. Paul hall Sunday. Bloom
ington took second place with 4S to 81
decision over Trinity, while Emmaus
Juniors turned back Zion Juniors, 26 to
is, in a preliminary game.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-12-19

Riverside All-Stars have won six out
OF seven starts and desire games in the
l4-l6-year-old class with fast city and
state teams. Call Ha. 1409-W, ask for
Gus or write Robert Harlan, 1920 West
Twenty-third street.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-12-19

indianapolis Buddies Club, with fourteen
wins and four defeats this season, would
like to hear from strong city and state
teams regarding games on opponents
floors. Buddies varsity team is COM
posed of former high school FASTENERS.
Write Abe Goldsmith, 1902 South Meri-
dian street, Apt. 8, or phone Dr.. 5244-R
at p. m.
The Waterbury Democrat., 1932-02-18
Town Committee Call In Works;
 Stiff Fight Seen
State Leaders Dissatisfied With Local Conditions and Demand Pep Up Campaign to Win Voters fol November Elections

immediate steps to begin prepara- tions for sNovember's battle.
 Congressman Goss in November will face leither Judge Gormley, once more, or Attorney Edward Mascolo of this city, as far as early reports are concerned. Both Judge Gormley and Attorney Mascolo are willing to accept the democratic nomination for congress.
 State republican leaders, it is known, are not satisfied with the way the local 6. o. p. machine has been functioning. especially in the city elections. It is claimed that under the chairmanship of Attor- ney Conway's predecessors more progress was shown in municipal elections by the g. O. D. and stiffer battles were offered the democratic opposition even though the republi- cans failed continuously to carry the city.
 With Congressman Goss running for congress once more, though, it is known that Mir Goss, himself. will insist on a strong g. D. ma chine in Waterbury from now to November. A complete make-over of the g. 0. D. town committee has already been proposed and it is possible that this feat may be car riied out in the fight of the republi- cans to win back the support so sadly lacking in recent years here.
 The republican state convention to elect delegates to the national convention will be held in April. The desire of Waterbury to be rep resented on the national delega- tion is already known and 1t is be- lieved that Congressman Goss will be one of the delegates to the Chicago conclave.
The Waterbury Democrat., 1932-02-18
SENATOR WALC0TT
 FILED PETITIONS
Many Matters Submitted From Different Towns
 in This State
AT SESSION YESTERDAY

Petitions from the Gray Dickin- son Post No 59, Windsor, Harry C.. Faulk Unit No 113, old Saybrook. Suff1eld, Unit No 94. Suffield, Leo J. L'Homme Unit No 21, Daniel son, Seventh District, Westbrook, Milardo- Wilcox Post No 75, Mid- dletown, Ernest Godreau Post No 91, Moosup, Robert A. LaPlace Unit No IS, Essex, and the Carlson S,ovall Unit No 105, Cromwell, of the American Legion Auxiliary urging the passage of s. 51. to bring our naval strength up to par ity as provided by the London na- val treaty and to establish com mittee to be known as the World War Veterans Committee.
 Resolution adopted at the reg ular meeting of the Cheshire Grange No 23, Cheshire. urging the senate of the United States to ra- tify the World Court Protocol.
 Resolution adopted, by the Young Peoples Society of Chris tian Endeavor of Scotland. favor ing the retention of the Eighteenth Amendment and its complete en- forcement.
 Petition from the Hartford Gen. tral Labor Union, Hartford, favor ing the passage of S. 2, particular ly Section 2 of this bill, relative to the Immigration Exclusion Act.
 Petition from Chapter No 56. National Sojourners, Hartford, fa- voring the passage of measures designed to strengthen the agen- cies of our national defense and opposition to those designed to impair these agencies.
 Petition from Local No 35, Metal Polishers International Union. Hartford. favoring the passage of $. S35 relative to injunctions, in- troduced by Senator Norris, and of S. 3045 to provide for direct relief to the unemployed.
 Resolution adopted by the exe- cutive committee and the Automo- bile Dealers Division of the Litch- field County Automobile Club, AAA, against the proposed federal sales tax on automobiles, parts and gasoline and license fee for motor vehicles or drivers.
The Waterbury Democrat., 1932-02-18
SHERIFF FARLEY MAY BE REMOVED
 BY ROOSEVELT
Governor Roosevelt, How= ever, Warns Against Speculation Removal Would Bring Fight With Tan1many

Albany, N. r., Feb 1s-CUP)-
 Ultimate removal of Sheriff
 Thomas M. Farley of New York
 was forecast to-day by some po- litical observers who based their predictions on Governor Franklin D. Roosevelt's questions and com ment during hearing on removal charges against the sheriff. E Removal by the governor would
 carry with 1t the threat of Tam
 many opposition to his candidacy
 for the democratic presidential
 nomination.
 Governor Roosevelt reserved de-
 cision yesterday. and warned
 against speculation on the out
 come of the Farley hearing, pre-
 dieting such speculation will be "all wrong"
 However. so strongly did the
 governor speak, and so minutely did he question Sheriff Farley concerning $396,o0O in bank de- posits, that observers believed Far ieys conduct did not meet the standard set by the governor in one statement.
 And the governor gave clear in- dication he was not satisfied with Farleys explanation of his huge deposits.
 The governors Standard of con- duct" statement also indicated to some political observers that sim liar charges involving 'unex- plained bank accounts would call for similar public hearing and similar treatment.
 The Hofstadter Investigating committee, which has been en- gagged in a year-long graft hunt in New York city's municipal govern- ment, has given wide publicity to It's efforts to get testimony from
 Russell Sherwood, who held, ac- cording to bank records. a safe
 deposit box jointly with Mayor James J. Walker.
 Sherwood has been held in con- tempt for failure to answer to a subpoena issued by the committee through it's counsel, Samuel Sea- bury.
 The governor said yesterday: "The standard of the conduct of public office must be put on a
 plane of personal as well as off,
 cial honesty, and therefore there
 is a positive duty on the part Of the public official to explain mats ters which come up on an inquiry which involve the expenditure or
 the depositing of large sums of
 money.
 "Even if a mere suspicion exists, there falls upon the public official the duty of coming into court with full information as to his personal
 finances; I still do not believe that a complete and full explana-
The Waterbury Democrat., 1932-02-18
BANKERS BEING "PUT ON SPOT"
 SAYS SENATOR
Senator Glass Opened Up Attack on Banks and Hoover Regime and Startled Brother Menl- berS
BY LYLE c. WILSON

United Press Stan Correspondent.
 Washington, Feb 1S.-(UP)-- American bankers, as one senator
 put it privately, are being "put on the spot" with unprecedented public complaints charging coward ice, stupidity, sclfishness, and hoarding.
 The complaints have been pre- liminary to the apparently tn- evitable adoption of the Glass SteagaIl bill, embodying the ad- ministration's credit and currency expansion program.
 The banking community and the federal reserve board yesterday were directly charged by Senator Glass, dem, Va, with maladminis- tration and responsibility for cur rent depressed conditions. A year ago there would have been quick defense. Now there is none. But bankers and the business community will get relief. The expansion bill reached the senate yesterday and debate continues to- day. ..rs Glass startled the senate with revelation of the underlying pur- pose of the administration in pro- posing the extraordinary program. He said: "rhe federal reserve system has , been threatened with raids upon its gold supply by foreign nations. notably France.
 There has been that threaten ing situation, the conjecture--and it is a conjecture-being that that country wanted to affect our situ- ation with respect to reparations and with respect to her indebted ness to the United States. do not make that assertion; say it is a conjecture"
 Selfish interests are trying to tear this bill down." Glass said to those bankers who would remove safeguarding restrictions on ex- banded credit, and I shall keep their documents as mementoes of ; their folly. Their proposals would take us the way Germany and con- tinental Europe have gone. But this country need have no fear. That is my judgment. They (the banks) will not be permitted to unload their cats and dogs, their chips and whetstones on the federal reserve system.'
 Glass said the banks had ample eligible paper If they would use 1t with the reserve for credit pur- poses. Their failure to do so, he said, was "cowardice." Senator Norris. repn, Neb, asked if the banks were mot hoarding money" Nobody doubts it," Glass re- piled.
 "Our linen is on the line." said Senator Walcott, repn, Conn, after Glass speech. Those who have eyes may observe. We are doing things to-day we wouldn't have dreamed of doing a year ago. "rhe trouble is, our gold-backed dollar has become too valuable too precious. Our dollar buys too much. Commodities are too cheap. Business Is practically paralyzed. We must get rid of fear.
 "The fact Is that a majority of banks in this country are hoarding eligible paper. Business has diff ficulty in borrowing. It is n situa- tion impossible to bear and there can be no recovery until the situa- tion is changed"