davidaulloa/AmericanStories huggingface dataset:
La gaceta., 1932-01-06
EC0S DEL CAYO
MANUEL ES
Ell NUEVO SUPREME LU-
MINAR

Ell paSado jueves term.n6 a.
lqui SuS sesiones la Supreme
Convention de la Orden Caba-
Hero de la Luz. FL ultimo aeon
tecimiento de importancia de la
Convention fu6 elegir a los su-
premos funcionarios para los
,anos 1882 y 1888.
La siguiente candidatura me-
recio la aprobaci6n de la mayo
ria de los Delegates: Manuel Do
menech, Supreme Luminar; 10
sc Hevia Menendez, Supreme
Vice-luminar; Oscar Montana
Herrera, Supreme Patriarca !;
Rafael Bancells y Perdomo. Su-
promo Secretario; Angel Rosa
do Hernandez, Supreme Vice
Secretario; Arturo Armayor
Quevedo, Supreme Tesorero;
Enrique Esquilnaldo Bennett,
Supreme Vice-Tesorero; Jose
Manuel Mora Diaz, Supreme Elk
perto; Adolfo Lopez Acevedo,
Supreme Maestro de Ceremo-
MAS; Jose M. de Izarrigorri Ca
dalso, Supreme Guardia Int
rior; Jose r. Ponte Lopez, Su-
promo Guardia Exterior; Car
los Padr6n Fiallo, Supreme Por
ia Banderas; y FelicianO Cas-
tro, Supreme Luminar Pasado.
Los visitantes de Tampa y la
Habana apreciarOn las muchas
c~ortesias que aqui Sc ha tenido
con ellos y esperan regresar en-
I'm pr6ximo future.
Ell viernes embarcaron en- ell
vapor Florida los delegados de
Cuba y ell sabado embarcaron
hacia Tampa los que de ALI vi
nieron.
La gaceta., 1932-01-06

La fragata "Constituci6n''
ell mas famoso de los buques d,
guerra de los Estados Unidos
Sc halla en- este puerto desde e
jueveS.
Aoudioron a recibirla mas d,
500 personals, que hacian EXPIRE.
stones de simpatia a la tripula-
ci6n cuando ell buque anclaba
junto al muelle Porter.
Ounce minutes deSpues de
haber anclado Sc permiti6 la SUI
bida a bordo y los marineros re-
gistraron 485 visitantes.
FL Captain r. T. Menner, co.
mandante de la Estaci6n Naval
y ell alcalde Leslie A. Curry. die
ron la bienvenida a Ia tripula-
ci6n en- nombre de la marina Y
de Ia ciudad de Key West.
Dirigi6 la entrada de la Cons
tituci6n". eel photo local MerVin
e. Russell.
Componen la oficiaIidad del
el comandante Luis j.
ell Teniente Comandan
La gaceta., 1932-01-06

Creel lograron salir Immediate.
mente a la superficie, notando
detras de ellos a Ia joven Ma
rian Virgins que luchaba por
mantenerse a flote, pues no sa-
bia nadar.
Los dos acudieron en- su So
zorro y esperaron unos instan-
tes por Ia Srta. Swinford, uni
ca v{ctima de este tragico SUI
ceso.
Instantaneamente los guar
danes del puente asistidos por
ell Sr. James Smart, procedie-
ron al rescate de los supervivien
ties, conduciendoles en- una am
bulancia al Hospital Munich
pal.
Despues de una bora de deses
perados esfuerzos, los diputados
del sheriff, la policia, los bonn
beros y los chofers de las ambu-
La gaceta., 1932-01-06

THILDREN will fret, often for no
" al hrent reason. But there's always
Castorial As harmless az the recipel
on the wrapAer; mild and bland as it
tastes. But It's gentle action soothes a
q youngster more surely than a more
powerful medicine.
La gaceta., 1932-01-06

tie John H, Carson, Official eje-
cutivo; primer teniente Chester
\ Sw2ffcrd, official de navega-
clon, ,~eniente Harry J, Butt
Ter; official de artilleria e inge-
Micro, Tenientc August D. Clark
abastecimientos, teniente Ben
iamin o. Kilroy, Official mtdico,
teniente Harry d. Templeton.
JuaR Y. Delegate.
La gaceta., 1932-01-06


y de Port Arthur, ell DUNCAN
non, de la misma matricula, con
petr6leo.
Sc dieron a la mar ell Agwi-
dale, rumbo a New York, con
carga general ell Comal, hacia
New Orleans, con pasaieros y
carga; ell DungAnon, para Tam
pico, EN- busca dA petrdleo, y Ell
Nosa Queen, hacN los puertos
de su proeedeneiaN Valparaiso,
Pensacola y New Orleans.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-14
CORN is UNCHANGED
Crop Conditions at Stand
still, Reports Declare.

By Hited Press
LAFAYETTE, Ind, Sept. IA
Corn crop conditions in Indiana
remained virtually unchanged
throughout September, it was re-
ported today by the Purdue uni
versity agricultural experiment sta
ton and the U. S. department of
agriculture.
Improvement was shown in three
southern districts and along the
Wabash valley as far up as the
middle of the state" the report
read.
In the northeastern quarter there
was a sharp deterioration from
drought. The improvement and de-
terioration offset each other when
the acreage involved is taken into
account"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-14
FLYING FAMILY
SAFE AT PORT
Blizzard Forced Ship Down,
Hutchinson Reveals.
BIZ United Press

By United Press
ANGMAGSSALIK, Greenland,
Sept. lathe flying Hutchinsons"
we're safe on land today, and glad of
it.
The eight persons aboard the am
phibian City of Richmond" were
brought here at $3.50 p. m. Tuesday,
by the trawler Lord Talbot, which
rescued them from Ikersuak Fjord
after their plane was forced down
and wrecked at sea.
Hutchinson revealed that he en-
countered a blizzard while flying
from Julianehaab to Angmagssaik
Sunday, and that his plane Yves
wrecked when he came down on the
sea. The Lord Talbot was the first
vessel to answer Hutchinson's S o S
signals, and eventually found the
flying family"
Greenland residents familiar with
the dangerous moods of northern
waters marveled that the Hutchin-
son party, which included Mrs.
Hutchinson and her two young
daughters, escaped injury.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-14
PRISONER SLAIN.
DOCTOR REPORTS.
Illinois Jail Death Caused
by Beating, Is Claim.

By United Press
CHICAGO, Sept. IA beating
probably caused the death of Mar
tin Virant, whose body was found
suspended from his eel in the Taze-
well county jail at Pekin, DR.. Will
liam D. Mentally reported today.
DR.. McNally will present his find
ings at the inquest to be held in
Pekin Thursday.
Deputy Sheriff G. o. Skinner of
Pekin is being held under $4,000
bond on a murder charge in con-
nection with the death Virant had
been held as a witness in a murder
case and had charged from the
stand that Skinner had kicked him
while he was in jail.
Examination of Virant's vital or
gans, as made by DR.. Mentally,
showed no strychnine or opiateS, he
said, thus eliminating the theory
that Virant died after administra-
ton of knockout drops"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-14
MRS. ROSS IN STATE
Former Wyoming Governor
to Open Four Tonight.
By United Press

By United Press
NEW ALBANY, Ind, Sept. IA
Mrs. Nellie Tayloe Ross, vice-chair-
man of the Democratic national
committee and former Governor of
Wyoming, will open her Indiana
speaking tour here tonight.
Mrs. Ross will be accompanied by
Mrs. Samuel RalSton, widow of the
late senator, and Paul v. McNutt,
Democratic Governor nominee. She
will be the first woman speaker of
the national organization to speak
in Indiana.
Mrs. Ross is scheduled for two
speeches Thursday. She will speak
at Matthew Grove, near Clinton, in
the afternoon. In the evening, she
will be principal speaker at a Terre
Haute meeting honoring Mrs. Vir-
ginia Jenckes, candidate for con-
gresS from the Sixth district.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-14
MINERS START
new INVASION
Shock Troops Again Will
Picket Illinois Pits.

By United Press
GILLESPIE, Ill, Sept. IA new
invasion of southern Illinois by
shock troops" for picketing mines
operating under the reduced union
wage contract was announced today
by the Progressive Miners of Amer
lea, recently formed by rebellious
members of the United Mine Work
ers.
The new unions plans also pro-
vided for invasion of other mining
areas where operators have resumed
work under the reduced scale Of
SIS day, which has the United
Mine Workers approval. The new
union demands $610.
The invaders will be small groups
of picked men, who will work as in
dividuals or will camp on the Dor
derS of counties where authorities
attempt to block their entrance.
Invasion of north Illinois coal
fields already has started, it was
said. Several groups of the shock"
forces left Tuesday for the Will
mington area.
GET FOLIO
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-14
u. s. PLANE IS
NEAR EUROPE
ON ROME HOP
S. S. France Sights Speed
ina Craft $50 Miles From
English Coast.
THREE ON BOARD SHIP
Edna Newcomer Plans to
Leap From Cabin at
Florence, Italy.

By United Press
ABOARD S. S. FRANCE, Sept.
14.-The S. S. France passed a
monoplane headed east at 11:5O
a. m eastern standard time) to-
day. 1t was aluminium colored.
Everything seemed normal with the
plane.
The Frances position at the
time was 1896 north, 1913 west.
The American Nurse is not
aluminium colored, but is painted
white. 1t is likely that at a dis
lance its color would be mistaken
for aluminium, officials at Floyd
field, New York, said.
If the plane sighted was the
American Nurse, it was north of
its intended course. The position
given is about 450 miles west of
Lands End, the southeastern ex-
tremity of England
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-14
FIGHT FLARES
IN FARM STRIKE
Violence Breaks Out; Five
PiCketerS Arrested.

By United Press
SIOUX CITY, Ia, Sept. 14.-Vio-
lence broke out anew today in the
farm strike.
A cattle truck driver, who sue
ceeded in running his cargo through
picket lines on highway No. rs,
south of Sioux City, was followed
into the city then attacked. He
was beaten and his truck damaged.
Police placed five suspects under
arrest.
The violence followed by only a
few hours a mass meeting at which
a vote was taken on the question of
continuing picketing.
Approximately 1000 attended the
mass meeting, but only those who
had participated in previous picket
ing activities were permitted to vote.
The ballot gave: For picketing,
1876; against picketing, 249.
Picketing which has been in prog
ress on Iowa highways since the
Governors conference last week,
was spreading gradually today into
South Dakota and the Nebraska
area west of Sioux City.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-14
Puzzle Prizes

If you've been wondering
how to pass away the time
these cool evenings, here's the
answer.
Here's fun for you and may
be some cash along with your
amusement, if you're clever.
The Times today announces,
on Page Nine, the rules for its
Scrambled Letter contest, in
which $125 in prizes will be
given.
One scrambled letter will be
printed each day for twenty
six days, starting Thursday.
You put them together and
when you have the entire twen-
ty-six, send them to The Times
Scrambled Letter Editor.
Turn to Page Nine for details
and rules. Then watch for the
letter "A" Thursday.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-14
Europe Awaits Plane

By Untted Press
LONDON, Sept. 14.-The mono
plane American Nurse, carrying an
American nurse, doctor and a
pilot on a nonstop flight from
New York to Rome, was eagerly
awaited over the coast of Spain and
Portugal today.
The plane apparently was max
ing steady progress, and, if it holds
to its southern course, should be in
the vicinity of Cape FiniSterre,
northern Spain, early tonight (eaSt-
ern time.)
When last reported to the United
Press by the steamer Ashburton at
1890 a. m. eastern standard time)
the plane was $50 miles northwest
of the Azores, or about 1,,600 miles
from Cape F'inistere.
At an estimated speed of at least
100 miles an hour, the plane should
make land before nightfal in New
York. AS the fuel load decreased.
the planes speed would increase, it
was pointed out.
The monoplane is flying scien-
tif1c laboratory in which physician
and a nurse planned to study the
reaction of pilots and passengers in
ocean flights. There also is a mas
Cot aboard, a pet woodchuck named
'Tailwind," which will act as a
carbon monoxide "detector" if nox-
ious fumes come from the motor.
Aboard the plane are William Ul-
brich, veteran pilot; DR.. Leon M.
Pisculli, New York physician; Miss
Edna Newcomer, nurse, of Will
Transport, Pa, who also will act as
relief pilot.
Miss Newcomer planned to make
parachute Jump over Florence,
Italy, in honor of Florence Night
ingale.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-14
Beat NOnunion Men
' United Press

% Y tWtLCW FTtsS
KNOXVILLE, Ind, Sept. 14.-Sev-
eral nonunion coal miners were re-
ported to have been beaten severe
ly today when they tried to run a
gantlet of hundreds of pickets sur
rounding the Knoxville Mining
Companys cooperative mine east
of here.
Sheriff's deputies and state high
way police were ordered to the trou-
BILE zone.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-14
CENTRAL ENROLLS 239
Total List to Reach 400, Officials at
South Side College Say.

With a total of 239 students en-
rolled Tuesday. the first day of
school, it is expected that total en-
rollment at Indiana Central viii
reach 200 this semester.
OF the enrolment Tuesday, nine
ty-six we're freshmen. school au-
thoritieS said.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-14
COUPLE is ROBBED OF
$50 BY AUTO BANDITS
City Girl Is Loser OF $40 rurse, Es-
cOrt Gives Up $50.

City Girl Is Loser OF $40 Turse, Es-
cOrt Gives Up $50.
Loot of $50 was obtained Tuesday
night from couple motoring near
Edgewood, according to a report to
police by Byron Edwards of Rush
vile, who said he and Miss Marian
Allison, Seventeenth street and Lin
wood avenue, were the robbery vic
tins.
Edwards said the bandits took his
watch and pocketbook, valued at
$50. and Miss AlliSon's purse, valued
at SO.
Two men, both armed, who were
riding in an old sedan, committed
the robbery. After obtaining the
loot, they disconnected wiring of
Edwards car and forced him and
Miss Allison into a field before flee
ing, he said.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-14
BABE RUTH TO JOIN
YANKEES NEXT WEEK

Swat King Sure to Be Ready for
World Series, Mccarthy Declares.
By United Press
CHICAGO, Sept. 14.-Babe Ruth
may rejoin the New York Yankees
in time to play against the Athletics
at Philadelphia next Wednesday,
Joe Mccarthy, Yankees manager,
said today after receiving a tele-
gram from Ruth.
The Babe says he is feeling fine
and surely will be ready for the
world series, Mccarthy said.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-14
CONVICT GETS DRUNK;
STARTS 0NE-MAN RIOT
Steals PruneS, ApricOts and Makes
Brew Right in Cell.

JOLIET, ILL.,, Sept. 14.-Warden
D. Whip OF Joliet penitentiary is
beginning to wish convict William
Dutch) Emmerling would take the
pledge.
Emmerling today is in solitary
confinement for the second time in
three months. after attempting to
start riot after becoming intoxi-
Gated in his cell.
As before, the convict fashioned
his brew out of prunes, apricots and
potatoes stolen from the prison
kitchen and fermented with yeast.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-14
FREED FROM JAIL, CUE
CHAMP GETS 'ORDERS'
Judge Rules Spivey Must Pay SO a
Week for ChiId's Support.

Louis Spivey, former Indiana bill
lard champion, who was released
Tuesday after sewing a five-day
jail term for contempt of court, was
orc/ced by Superior Judge William
A. Pickens today to pay SO a week
for the support Of his daughter
Betty Lou, z.
The contempt term was imposed
because Spivey failed to obey a
court order for support money.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-14
BOY filters BURIED
All CIoverdaIe Turns Out
for Funeral of Lads.
By United Press

By United Press
CLOVERDALE, Ind, Sept. IA
The entire village of Cloverdale
joined today in funeral services for
two Schoolboy hiers who we're killed
when their plane crashed on farm
near here Sunday.
William Judson Lindley, youngest
pilot of Indiana, was at the controls
when the craft fell. He was ac-
companied by Dureane Gremer
Both were Is.
Joint funeral services were held
for the youths.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-14
MAYOR GOING TO GARY
Sullivan to Attend 3-Day Session Of
State Municipal League.

Mayor Reginald H. Sullivan, ac-
companied by his secretary. Walter
Watson, will leave late this after
noon for Gary, to attend the three
day meeting of the Municipal League
of Indiana, which opens there to-
day
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-14
CYCLE COP PERFECTS
CRACK TUMBLING ACT

Runs into Side of Car, Does Triple
SOmerSault Over Automobile.
If James Stack, Gary, ever loses
his job as state policeman, he
probably can get place with Sells
Floto or HagenbeckA Wallace circus.
Tuesday night, according to a re-
port at state police headquarters
here, Mrs. Agnes BARLEY, Gary,
failed to stop at Fifth avenue, Gary,
which is a preferential street.
Stack struck the side of her car
with his motorcycle and did a triple
Somersault over the automobile.
He incurred only several scratches
and lost one of his shoes.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-14
AID INCREASE SEEN
Is Leading National Firms
to Put on Pressure.
By United Press

By United Press
NEW YORK, Sept. 14.-Fifteen
out of forty leading national ad-
vertisers polled by the magazine
Advertising and Selling reported
they ARE prepared to increase their
advertising this fall" the magazine
announced today.
"Of the remaining twenty-five, a
considerable majority reported that
their plans still were undecided.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-14
Pageant Held at La Porte

By United Press
LA PORTE, Ind. Sept. IA pa
geant in which more than 300 per-
sons participated, depicting the
city's history. climaxed today's cele-
bration of the Tooth anniversary of
the founding Of the city of La Porte.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-14
Delivers Memorial Sermon

ny Cntted PTes8
VINCENNES, Ind, Sept. IA. =
Rev. H. c. Clippenger. Greenwood,
Ind, celebrating tie fiftieth ami
verSary of his admission to the In
diana conference of the thcdis5
Episcopal church, deliver me-
mortal sermon today as 01st
session Of the conference c
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-14
John ]. Rasbo III Born

DAYTON, O., Sept. IA six
pound son. born yesterday to Mrs.
John j. Raskob Jr., will be named
John J. Raskob III, the parents an
nounced today.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-14
Suicide Foe Kills Self

BERLIN. Sept. 14.-Dr. Heinrich
Dehmel, AZ, founder of the Institute
for Advice to Would-be Suicides,
killed himself by swallowing poison
Tuesday.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-14
CRASH HURTS CHILDREN
Auto Driven by Father Is Struck by
Another Machine.

Martha Elliott, 10, and Robert
Elliott, 2, children of Mr.. and Mrs.
George Elliott, 1896 West Thirty
fifth street, were cut and bruised on
Tuesday night when the automobile
driven by their father was struck at
Twenty-eighth street and Indian
apoliS avenue by a car driven by
Charles H. Ward, Negro, 1909 In
dianapolis avenue.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-14
$3.50 BURGLAR TRAP
Alarm Scheme Works, But Crook
Makes Good His Escape.

A burglar trap set by Gale Hen
erickson at his home, 1881 Arrow
avenue, worked to a certain extent
Tuesday night.
Hendrickson, who set the trap
after his home was entered last
week, placed hammer and some
string so that tampering with the
door would cause the hammer to
fall.
The hammer fell when an attempt
was made TO enter, but the thief
escaped.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-14
DIES AT CARD GAME
City Man Is Victim of Heart Disease
While Playing Euchre. g.

Frank G. Schabet, 254O Broadway,
died suddenly while playing euchre
Tuesday night at the home of Earl
P. Ensley, 1926 North Lasalle street
He was a victim of heart disease,
according to DR.. E. R. Wilson,
deputy coroner.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-09-14

A romance of the big Tops"
will eliminate in the marriage
Of Vera Bruce (above) and AL
fredo Codona, (right), veteran cir
Gus trapeze artists known to
thousands here and in Europe.
Codona was the husband of Lii
liam Leitzell, aerialist queen, who
fell to her death during a per-
Torrance in Copenhagen eighteen
months ago.
At the time, Codona was only a
short distance away, appearing
with his brother and Miss Bruce
in a Berlin circus. Codona later
took his wife'S ashes back to Los
Angeles for interment.
The wedding will take place
Sunday in San Antonio, Tex,
during the convention of the Cir
Gus Fans Association.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-02-11
ON The SQUARE,;
WINS LENIENCY
Rewards Father for Keeping
Faith.

Proving himself on the square
with Criminal Judge Frank P. Baker
brought leniency to Frank ONeil.
27, of 1884, North Davidson street,
charged with grand larceny.
O'Neil told the judge Wednesday
afternoon he wanted to play square
for sake of his two children and
wife.
Because of these babies, Baker
gave O'Neil an unusual chance.
Without bond, he was allowed to go
home and work on his farm until
the case came to trial.
Although knowing that he faced
three-to-ten year prison sentence,
O'Neil reported weekly to Judge
Baker, and came back to take his
penalty.
You have proved worthy of
trust" sad the judge, your SEN
tence will be reduced to one year"
O'Neil was charged with Earl
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-02-11
FEDERAL BONDS
BEST BUY, SAYS
SEN. COUzENS
Advises Average Man to
Invest Money Only in
Government Issues.
BY RAYMOND CLAPPER
United Press staff Correspondent
fCsonvrfchf 1910 hv United prarrl


WASHINGTON. Feb. lin the
judgment of the richest United
States senator, a man who made a
fortune in his earlier business ca
reer, government bonds are the
best investment for the average
person who Is tempted in these
times TO hoard money.
This advice was given today by
Senator James Couzens (Rep.,
Mich9 in an interview with the
United Press, discussing President
Hoover's nationwide anti-hoarding
campaign designed to bring 81 ,300,-
000,0 900 out of hiding.
A hard-headed business man Of
long experience, CouZens sees much
bigger problems involved than
those thus far suggested in the
anti-hoarding campaign. He be-
lieves the hoarder is foolish to
let his money remain idle when he
can draw interest with entire
safety in government bonds.
Suggests Federal Bonds
But he does not believe this effort
reaches the difficulty. He believes
the revival of confidence should
start with the bankers. And the
little hoarder, moved by fear, needs
assurance that his job will go on
before he can regain his confidence
Couzens believes.
IF anybody is inspired by this
withdrawing campaign and feels
inclined to respond, would suggest
that he buy federal government
bonds" Senator Couzens said. That
is the only thing I would be willing
to recommend to anybody at this
time. 1t is safe and sound way
to get money into circulation"
He does not wish this to be con-
strued as blanket disapproval Of
other securities. His advice is in
tended simply to provide a simple
working rule for the average small
investor who is bewildered as to
where he can place his money.
Interest Bankers First
The anti-hoarding campaign is
an effort to revive confidence" he
continued. 81 ask the question,
where should confidence originate?
My judgment is that confidence has
first got to revive among the bank
ers.
Banks are Dragging about the
amount of cash they have. There
is no scarcity of credit for produc-
ton purposes and there is no real
shortage of currency. We had
enough for our business needs in
1923. Those needs are 60 per cent
less now Then why shouldn't our
credit and currency be sufficient
now?
The scarcity of credit applies
only for the purpose of carrying
debtors. There is a scarcity of buy
ing power, not of credit or currency.
1t seems silly to me for any one
to say that with 60 per cent of our
normal business we have lack of
credit and currency"
The logic of this situation, Cou-
zens believes, carries the question
directly to the matter of unemploy-
ment insurance Or some other
means of insuring steady income for
the average man.