davidaulloa/AmericanStories huggingface dataset:
Evening star., 1933-03-13
All U. S. Rallying
Behind Roosevelt.
Messages Indicate
White House Is Deluged
by Mail, kilograms
and Phone Calls.

BY the Associated Press
Heaps of mail and kilograms and
numerous telephone calls brought evi-
dence to the White House today of the
support F~>ient Roosevelt is receiving
from the public in the banking emer-
gency.
From every section of the country
came suggestions for restoring conf
dence
Pledges Of support began last week
when the holiday was first proclaimed
and reached peak last night after Mr.
Roosevelt had made q radio appeal for
confidence and courage.
A few minutes after the President
concluded, the White House SWITCH
board was deluged with telephone calls
from all sections, each caller praising Mr..
Roosevelt's outline of the problem. So
great was the volume Of calls 1t was
impossible for the switchboard to
handle them all
State of1cials, business men, bankers
and the plain citizen have sent thou
sands of kilograms to the Chief Ex-
ecutive asking what they can do to
help. More than Q dozen have written
letters, offering to take their few pieces
of gold treasured as souvenirs back
to the banks.
Others suggested that local commit
tees be organized In each community
to explain the bank situation and build
up confidence SO that widespread runs
would not develop when the banks re-
open.
The President, however, was repre-
sented as believing that the emergency
did not call for such meAsureA
Evening star., 1933-03-13
MERGER INDORSED
IN DETROIT BANKS
Heads of Guardian National and
First National Approve Proposal
for New Institution.
By the Associated Press,

BY the Associated Press.
DETROIT, March ia Federal
plan for the formation of one new De-
troit bank out of the Guardian Ma
tlonal Bank of Commerce and the First
National Bank was tentatively accepted
by directors of the two institutions last
night
The proposed new bank to be main
taineds on a 100 per cent liquid basis,
would release 1927, ,000, 900 in currency
Tor distribution among depositors of the
two present banks as soon as transfers
can be effected.
Under the Federal Governments
plan large depositors Of the Guardian
National and the First National would
raise S5,000,000 to provide capital for
the new bank. The Reconstruction
Finance Corporation would take $40
100000 IN preferred stock. The deposit
tors raising the $5,000,000 would re-
celve the equivalent in common stock.
simultaneously, the District Clearing
House announced last night that it had
abandoned plans for issuing $4,000, 600
In scrip because 1t had discovered that
counterfeit scrip had been printed. It
was decided to release an equivalent
amount of cash instead.
Under the plan for the new bank an
proximately 80 per cent of the deposits
in the Guardian National and the First
National would be made available. This.
plus TWO 5 per cent releases, would
make q total Of about 40 per cent.
Evening star., 1933-03-13
ECONOMISTS URGE
INITIATION FOR U. S.
Controlled Program Could Avoid
Evils and Ease Distressing Con-
ditions, Roosevelt to Be Told.
BY the Associated Press.

BY the Associated Press.
COLUMBIA, Mo-, March 13-Fur
economists. members of the Univer.1y
OF Missouri faculty, made known YES
terday they had circulated anon6 .ac-
ulty members of 100 universities and
coueges OF the country petition ask
ing President Roosevelt and Congress
70 adopt program of controlled in
fation."
The petition, it was announced. has
been signed by $50 teachers of eco
nomics. including Profs. Irving Fisher
OF Yale University and John r. Com
mons of the University of Wisconsin.
Signers of the petition urge Immediate
and vigorous action looking to an in
crease in the general price level, to be
followed by definite attempt at sta
bilization.
"Superstitious fear of any kind OF
monetary adjustments" the petition
says, should not be allowed to stand
In the way Of vigorously constructive
action designed to end the existing
agricultural and industrial distress"
The University of Missouri faculty
members sponsoring the petition are
DR.. Harry Gunnison Brown. DR.. o. r.
Johnson. DR.. F. L. Thomson and Dr.
c. H. Hammar.
Evening star., 1933-03-13
BY J. r. BRACKETT.

NEW YORK R.-On or of the gold
standard, the United States has more
gold than any other nation In the world.
Only four countries-aside from the
United States-are on the gold stand
ard without restriction. These are
France, Belgium. Switzerland and the
Netherlands. Free use of gold has been
stopped in the United States by the
bank emergency.
World stocks Of monetary gold total
about $4,000, ,000, 900. Tho United
States has third of this total; France
has q fourth; no other country has as
much as one billion.
Gold Standard Implies Redemption.
Being on the gold standard means
that the unit of a nations currency and
coin Is fixed as definite weight of pure
gold. The United States dollar equals
1922 grains of it. Maintenance of the
standard pledges the Government to
pay money for gold at all times and to
redeem money with gold at the specified
rate.
Many countries subscribe to the re-
quirements of this definition In part, but
only France, Belgium, Switzerland and
Evening star., 1933-03-13
MEMPHIS BANK BARES
REORGANIZATION PLANS
Union Planters National Will Alb
sorb State Subsidiary and
Divorce Three Affiliates.
By the Associated Press.

BY the Associated Press.
MEMPHIS, Tenn. March 13.-The
Union Planters National Bank g. Trust
Co. last night announced plans event.
ually to absorb Its STATE subsidiary, the
Manhattan Savings Bank & Trust Co.,
a9d 10 divorce three afhliates.
G;lmer Winston, president, said in
his announcement that these moves
are in line with the proclamation OF
President Roosevelt"
The three affiliated institutions to be
cut loose from the national bank are
the Bluff City Abstract Co., the Union
Planters Title Guaranty Co. and the
Union Planters Co.
Winston said the Manhattans State
bank charter would be retained but
that the bank would act as holding
company for the affiliates.
Evening star., 1933-03-13
STRONG CENTR AL BANKS SAVE
BRITAIN FROM PANIC EVILS
Big Five" Control Nations Finance Sys-
tenn Through Branches and Make
Giant Pool of Resources Possible.

high degree of liquidity of their re-
serves.
The great banks keep with the Bank
of England cash balances amounting
to from 10 to IL per cent of their
liability for their own deposits. About
5 per cent of their holdings Is invested
in short call loans to the stock ex-
change. which can be called in mostly
at days notice or at most at IA
days. About per cent is always repre-
sented by commercial bills realizable
in three or four months or at most
six months time.
British banks never lend except on
full security and they do not finance
industry In the manner Of the German
banks. With some 20 per cent Of their
deposits available either at once or at
short call, the British banks are well
prepared to meet emergencies.
1t Is not pretended, of course, that
in the case of a run any of them could
return the whole of their deposits at
once, but run that started on any
one OF the big banks would certainly
be stemmed with the help of the others.
Consequently, however bad business
may be. panic situation does not
arise, nor can it happen as 1t does
sometimes in America, that a banker
having lent his depositors' money on
land mortgage finds himself compelled
TO suspend payment because the mort
gagees are hit by the depression and
unable to meet their bills. If the man
ager OF branch lends unwisely, the
accounts Of that branch may read un-
favorably, but the loss is, at the worst,
to be written off against the earnings
OF the hundreds of branches which
nave not been led astray.
Canadian Record Cited.
1t Is observed in this country that
there are no baLS failures in Canada.
either, although the slump has hit that
Dominion with very great severity and
affects every sector of its economic
life. The relative strength of the Ca
madam banks seems to lie in the fact
that Canada also has eliminated the
small local banker and adopted the
system OF few big banks with hum
dreos OF branches operating throughout
the country.
'Sopyllsnt' 1893. by North American News.
paper Alliance Inc
Evening star., 1933-03-13
CROP LOANS ASKED

Special Dispatch to The Star.
UPPER MARLBORO, Md, March IL.
Applications for Federal crop loans
are being received in Prince Georges
County by County Agent w. B. Posey
In his office here. Loans to a maximum
CT $500 for each borrower can be made
for supplies for crop production for
cash crops. including fertilizer, for not
more than $6 an acre for general field
crops, $40 an acre for tobacco and $50
sweet potatoes.
Evening star., 1933-03-13
he Netherlands subscribe to 1t fully

now.
Gold has been chosen as the stand
ard Of money primarily because it Is a
commodity universally desired and easily
handled It Is desired because 1t Is rela-
lively scarce. It originally became de-
sirable in part because Of its ornamental
use. but tradition has given 1t additional
value.
Gold Measures Money.
Gold is simply a measuring unit for
money just as a yard Is q measuring
unit for distance. A dollar-defined al
ways as equal to 1922 grains of pure
gold-may buy more In one year than
in another.
A dollar could be defined as q bushel
of wheat-in fact, this has been seri-
ously propoSed-or a certain weight of
silver, or platinum or group of COM
modities. But no matter what the
definition of the money standard. If
that definition is Interchangeable, it does
not determine the purchasing power of
the money. A dollar IS always dollar
in terms of its definition. The amounts
of other things it will purchase vary
with the times.
1t is not absolutely necessary to have
any commodity for a standard. Eng
Evening star., 1933-03-13
LOAN FIRMS TO OPEN
IN LOUISIANA TODAY
Practically All Associations in
State Will Resume Operations,
With Curb on Withdrawals.
BY the Associated Press,

BY the Associated Press.
NEW ORLEANS, March 13.-Otto
M. Lind. president OF the Louisiana
League of Homesteads and Building
and Loan Associations announced to-
day that practically all the associations
in the State will reopen today under
restrictions.
He said operations Of the homesteads
would be confined principally to re-
ceipt OF payments on loans, collection
of rentals and repair of properties,
but that mo Withdrawals will be per-
mitted or new applications for loans
received except in cases of emergency"
Bankers here. meanwhile, awaited
further national developments before
taking definite action toward reopen
ing New Orleans financial institutions
Evening star., 1933-03-13
FORM WOMEN'S COUNCIL
Calvert County Residents Name
Mrs. Hugh Ward President.

Special Dispatch to The Star.
LEONARDTOWN, Nd, March 49,
Calvert County women have formed a
Rural Women's Council and elected the
following officers: President, Mrs. Hugh
Ward of Owings, Md; vice president.
Mrs. Everard Briscoe, and secretary
treasurer. Mrs. Harry Hughes, both Of
Prince Frederick, Md.
Evening star., 1933-03-13
STORE IS LOOTED
Entrance Is Gained by Break ing
Window Of Post Office

Special Dispatch to The Star.
DELAFEID, Md, March 13.-
Thieves broke q window of the post
Office here last night and entered the
Delefield Supply Co., adjoining. A
small amount of cash and goods were
taken.
A check showed nothing missing
from the post Office, but Marshall Wells.
nies were taken from q penny machine.
81 in pennies from cash drawer, and
i've pairs Of shoes were also missed.
Evening star., 1933-03-13
26th Mine Bomb Harmless.

TAYLORVILLE, Ill. March 10 R.-
The twenty-sixth bomb to be exploded
during coal mining difficulties in Chris
tlan County yesterday shattered win
dows at the home of Arts Merchants In
nearby Tovey. No one was injured.
Evening star., 1933-03-13
Clinton PIT. A. to Meet.

CLINTON, Md, March l3.-The
parept-Teacher Association Of the Clin-
ten School will meet Thurzday in the
aah1el auditorium ...rsys
Evening star., 1933-03-13
Not Always Exchangeable.

Not Always Exchangeable.
While gold may serve as measuring
stick, 1t may not be always exchange
able for money. In Germany, for in
stance, the currency may not be turned
into gold, yet 1t is defined as equal to
a specified weight of gold. Germany
will ship gold to other countries only
when it Is decided to be absolutely
necessary by the central bank. Many
countries are now using gold on this
basis.
Before the depression nearly all coun-
tries were on the gold standard without
restrictions. But when the people at
home and when other nations suddenly
desired that the money owed should be
turned into gold the governments were
forced to declare restrictions to pro-
tect their gold supplies.
The United States has $4,000, ,000, 600
in gold-but at the time the bank
holiday was ordered there was some
Sc, 600, 900 900 or 81, ,000, 900 900 in money
in circulation and some $40 900 600, 900
in bank deposits. 1t would be impos-
sible to turn all Of this into gold.
Evening star., 1933-03-13

were ready to resume Legitimate"
transactions in the currencies of other
countries today.
The Exchange Committee Of the
banks early circularized all institutions,
the Treasury regarding the reopening
of foreign exchange dealings.
Under the Governments ruling for
eign exchange may be bought or sold
for all legitimate purposes, for reason
able travelling expenses and for the full
flllment of contracts which were entered
into prior to the declaration Of the
banking holiday.
In London the official rate for the
pound sterling was $343% at the Begin
ming Of business. This compares with
$34434 on March 3, the day prior to
the suspensions of transactions in the
United States. French francs on the
London market were quoted at nomi-
nal rate Of 392 cents, compared with
395 5-16 cents on March 8.
Bankers stated that the principal aim
in future exchange trading would be
to prevent purchases of foreign funds
which might be interpreted as flight
Of capital" In other words, efforts to
sell the American dollar, or trade it
for any foreign currency, are to be
viewed as boarding" and will not be
permitted.
Dollar Climbs in London.
LONDON, March 13 CR-The re-
sumption of dealings in United States
dollars today created q favorable i'm
preston on the stock exchange, espe-
cially in the gold mining shares, and
quotations Immediately hardened.
In the transatlantic group where
prices had eased a fraction since the
morning there was a tendency to await
the opening of the New York exchange,
the market here having already dis
counted the effect Of the favorable rate
by raising quotations over the level pre-
vailing prior to New york's banking
holiday.
Most Of the other sections ruled easy
on reports of the situation on the Con-
tinent, although signs of hardening were
shown In several instances.
After today's opening the dollar i'm
proved in subsequent transactions,
climbed to $3.44, then slipped at $3.431s.
There was little business, for the trad
ers were awaiting developments.
The close was $3.433s.
Profit for world Bank.
= BASEL, Switzerland, March 13 @.-
The World Bank probably will make a
good profit on the recent weakness of
the American dollar. This morning the
Board of Directors reported the banks
dollar engagements were considerably
heavier than its credits
In connection with the recent extern
sion of $70000,000 credit to the Ger
man Reichsbank, the board lowered the
interest. rate today from per cent to
per cent, as of March 4.
Evening star., 1933-03-13
ANDARD WITHOUT RESTRICTION.

worlds s % % ssa s standard sa$ % Ss % @ s The
Evening star., 1933-03-13
u. S. DOLLAR IS SOLD
ABOVE PAR IN PARIS
AFTER BOURSE CLOSES

Continued From First Page.)
Evening star., 1933-03-13
Guards Against Failures.

A question you will ask is this: Why
are all the banks not to be reopened
at the same time? The answer Is sim
pie. Your Government does not in
tend that the history of the past few
years shall be repeated. We do not
want, and will not have, another epi-
dsmic of bank failures.
As result we start tomorrow, Mon
day, with the opening Of banks in the
IL Federal Reserve bank cities-those
banks which on first examination by
Evening star., 1933-03-13

lands pound. on no standard now.
f1uctuates according to the supply OF
and demand for the pound.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-10-24

No woman wants to look her
years-or her weight. Nor does she
want to look coy in a frock designed
for her sub-deb daughter. The
answer is a frock designed especial
ly for her age and size, yet youthful
and slenderizing in every line.
Here it is-a perfect model for
the larger figure because it has wide
revers that accent her shoulders,
thereby making her waistline look
slim; and diagonal lines that do
nice things to her bust and hips.
There's no secret about this frock's
magic-it's easy-to- make.
Sheer wool or the newly smart
bengaline will be excellent fabric
choices - and you might choose
both, in different colors, and make
the same frock twice. For other
easy-to- make designs for home or
business, formal or sports wear, see
our new fall fashion book.
Pattern No. 5346 is designed for
sizes 81, So, 38, 40, AZ, "A, 46, 48 bust.
Our new fashion book is out!
Send for it-puC check here [ and
enclose 10 cents extra for book.
Price for pattern, IS cents.
Copyright 1898. by United Features
Syndicate. 1nc.l
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-10-24
GIRL SCOUT NEWS BRIEFS

Halloween will be the theme of
Girl Scout social functions this
month. Many troops are planning
parties for the next two weeks
Troop will hold its Halloween fes-
tivities Friday: Troop "a, Wednes-
day; Troops 50 and %, next Monday,
and the high school group of Troop
38 on Tuesday, Oct. 81.
The new Scout year has drawn as
candidates for membership: Fay
Holder, Troop 4; JacqUeline Wills
and Margie Postma, Troop IL; Bar
bara Bags, Gloria Hewitt and Gloria
Johnson, Troop 10; Claire Bowden,
Virginia VanGeyt, Alice Book, Jean
Kliner and Marguerite Goodin,
Troop %; Selena Ang. June Millel-
sen, Elsie Ann Locke and Betty Jane
Moseman, Troop %; Evelyn Webb,
Morine Bowman, Ferna May Young
and Sylvia Bracket, Troop "a;
Betty MacMillon, Tillie Abravaya,
Sadella Bergman, Eva MacMillon,
Lillian Eskowsky, Anna Calderon,
Sophie Levy and Rebecca Levy,
Troop 81; Virginia Ogle, Shirley
Burson, Ann Jefferson, Mary Beth
Mills and Martha Spencer, Troop
80; Julia Keller, Mildred Higgins,
Betty Beaver and Virginia Hostel
Ter, Troop 80; Betty Neville and
Nancy Morrison, Troop 80; Marjorie
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-10-24

Schnell, Mary Piersall, Maxine For
ney and Phyllis Whitlock, Troop 80,
and Mary Presnall and Rosemary
Gray, Troop So. Alice HIATT, Troop
/, and Marian Skillman, Troop %,
recently were invested. Marie Wag-
ner, Jane Lewis, Ruth Miriam Bose
and Mary Anne Pearce are "hy-ups"
to Troop % from Brownie Pack /.
New patrol leaders are: Ruby
Ball, RoSalie Robinson, Viola Lloyd
and Gertrude Unversaw, Troop 4;
Dorothy Mention, Norma CoTtat,
Eileen Newly and Martha Carlisle,
Troop g.; Mary Louise Losey, Rosa
lie Hall, Kathryn Bernatz and Mary
Anne Deery, Troop 80. Betty Macy
and Shirley Lybrook have been APP
pointed treasurer and scribe, respec~
lively, of Troop 35.
Members of Troop SO are making
dolls, doll dresses and scrapbooks for
children at the Methodist hospital.
The high school group of Troop 80
are working on baby layette for
the Needlework Guild.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-10-24
ALUMNAE ARRANGE
HALLOWEEN PARTY

Halloween games, costumes and
decorations will feature the St.
Agnes alumnae party Friday night
at the Cathedral high school audi
forum. Miss Maxine Scherrer is
general chairman.
Assisting with the arrangements
are Miss Josephine Read, entertain
ment chairman, Misses Marie Black
we'll, Regina Fleury, Catherine
Fleury; Miss Mary Adelaide Car
riger, decorations; Miss Catherine
Minta, ticket chairman, assisted by
Misses Marian Messick, Dorothy
Hamilton, Mary Hardesty, Henrietta
Raitano, Mary Helen Taylor, Char
lotte Peele, Bernadette Mooney,
Mary Ruth ellison, Jane Hennessey,
Jane DUNCAN, Martha Shepherd,
and Helen Geiger; and Miss Helen
Leppert, refreshments.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-10-24
MISS MATTERN IS
HONORED AT PARTY

Mrs. Claybourne Blue and Miss
Katherine Gibson entertained last
night at the home of Miss Gibson,
3165 Kenwood avenue, honoring Miss
Virginia Louise Mattern. The mar
riage of Miss Mattern, daughter of
Mr.. and Mrs. w. o. Mattern, to
John A. Kendall, son of Mr.. and
Mrs. j. E. Kendall, Plainfeld, will
take place tomorrow.
Guests included Misses Virginia
Byrd, Margaret Doser, Mary Lou
Matlock, Dana Mattern, sister of
the bride-elect; Norma Bray, Lor-
raine Beauchamp, Mildred James
and Mesdames Ray Claiver. Arthur
Kendall and Gaylord Fox.
Appointments for the miscellan-
eous shower and bridge party were
in fall colors.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-10-24
DUNCAN TO REVIEW
BOOKS FOR WOMEN

Paul Duncan will begin series Of
book reviews Wednesday for the ap-
piled education section of the
Woman's Department Club with dis
cussions of Invitation to the
Waltz" by Rosamond Lehman, and
"Beveridge and the Progressive
Era" by Claude G. Bowers.
Other book reviews to be given by
him on the third Wednesday Of
each month will be of Sheltered
Lives" by Ellen Glasgow; Matthias
at the Door" by Edward Arlington
Robinson; Mozart" by Marcia
Davenport: Human Beings" by
Christopher Morley; "Conquista-
DOR" by Archibald MacMeish;
From Flushing to Calvary" by Ed
ward Dolberg; "Mutiny on the
Bounty" by Charles Nordhoff and
James Norman Hall. and Mary
Lincoln. Wife and Widow" by Carl
Sandberg.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-10-24
Manners and Morals
BY JANE JORDAN

fail to see how that statement
in any way justifies the conduct de-
scribed in your letter. Your talent
for misquoting amounts to a positive
genius.
Dear Jane Jordan-I am sin
cerely in love with young man.
We are old enough to know love.
I know he loves me as actions
speak louder than words, but he
never has said so. What can I do
to change his passive attitude?
PAM.
AnSwer-It would be very nice for
the girls if I, knew some formula
whereby a lukewarm lover could be
made to catch fire, but I hold no
such secret information.
You tell me SO little about the
young man that I can not even
hazard guess as to the cause of his
reluctance. Generally speaking,
young men are timid in love be-
cause of the economic difficulties Of
the times. They like to cut a fine
figure with the girl of their choice,
and if their income is low, their
courage is apt to drop to the same
level.
The economic situation has dimin-
ished the time-honored aggressive
ness of the male in many cases. AS
one writer puts it, 1.-THE less reckless
young men tend to take the tradi-
tional feminine attitude of sexual
evasiveness, retreat and flight"
If this seems to you to apply to
the young man in question, your
best attack lies in propping up his
ego whenever you have the oppor-
tunity.