davidaulloa/AmericanStories huggingface dataset:
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1933-07-13

the philosophy of private banking
and of the processes for the market
ing of securities, with especial ref
erence to those of railroads. He
said the good private banker does
not chase after business, and he
condemned competitive bidding for
securities put out by corporations.
There was much discussion of the
whoopee days of 1927 and 1923. In
dwelling upon the mania of those
days, Mr.. Kahn held that so far as
controlled imitation is concerned he
knows of only one agency that can
exercise corrective influence when
ever needed. and that is the fed
eral reserve board.
The committee took up the mat
ter of the Chilean bond issue of
1925, which has been in default for
two years. Mr.. Kahn said that Nor
man Fl. Davis, rowing ambassador in
Europe, received fees of $4,000 for
his services in the negotiations for
Tile llOdIllS VI tuOSC OOuuo, Jul IhoI
Mr.. Davis at that time was pri-
vate citizen.
Later in the inquiry Mr.. Pecora
questioned Mr.. Kahn closely con-
corning his income in recent years,
and the tax upon it which he has
paid. If he and his partners took
advantage of loopholes in the in
come tax laws, at least there was no
evidence that they had made fake
stock sales to their wives.
a TTORNEY GENERAL CUM
\ MINGS announced that before
long he would make public the
names of hoarders of gold who re-
fused to turn in their stores of the
yellow metal, then if this publicity
fails to bring them to terms they
will be prosecuted. Even if the
government wins a criminal case
against a hoarder, however. it may
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1933-07-13
WASHINGTON NEWS
/ ITEMS OF INTEREST.
Brief Resume OF Happenings
OF the Week Collected for
Our Readers
THE MARKETS
SEATTLE

Wheat - Soft white and western
white, 74c; hard winter, west
ern red and northern spring
73c; bluestem, SAC. q
Buterfat, 21c.
Eggs-Ranch, II @ Ice.
Hogs-Good to choice, $4.60 q
Ats. T a5z ~ Eai -s
Cattle-Choice steers, $4.75 q
600. IS. x %
Sheep-Spring lambs. $500 q
800. @ r la e.
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1933-07-13

Detroit's two big
banks were closed
last winter. TT
was a plot by Wall
Street to get Hen
ry Ford" he re-
piled. He said that
in his opinion it
was decided by the
New York finan-
ciers, long before
the two b a n k s
closed their doors,
that they m u s t
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1933-07-13

The name "Joe Mowry" is not CO.
ing to disappear from major league
baseball If this brilliant young per-
former has anything to say about
it. He is Joe Mowry, Jr, son Of
the famous player Of the same
name who played in the Texas
league and in 1911 was member
of the Philadelphia National league
club until broken. leg cut short
his diamond career. Young Joe
was recently purchased by the Bos-
ton Braves from the Minneapolis
team with which he had been per-
forming brilliantly at third base.
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1933-07-13

or would save the
world economic
conference from
collapse. Prices In
the United States
were jumping daily,
the dollar was de-
clining in the for
eign exchange mar
kets, capital was
fleeing from Hol-
land and Switzer-
land, and the coun-
tries still remain
ing on the gold
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1933-07-13

senatorial 1nveSt1-
CATION Of private
banking methods,
but the committee
resumed its inquiry;
and Prosecutor Fer
dinand Pecora put
on the stand Otto
Kahn, head of Kuhn,
Loeb & Co., and
4 ! s tin 6 u I s h e d
patron of the fine
arts. Mr.. K a h n
foIIyod NJ lonrth nF
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1933-07-13

se Portland
Wheat-Big Bend bluestem, hard
wheat, SAC; soft white and west
ern white, TIC; hard winter,
northern spring and western
red, TIC. f. a2t
Hay-Buying prices, fob. Port
land; Alfalfa, Yakima, $14.00.
Butterfat-22 @, 22.3c.
Eggs-Ranch, 16 % 18c.
Cattle - Steers, good, $4.75 %
900.
Hogs Good to choice, $4.35 q
ATS.
Lambs to choice, $500 @
Spokane
Cattle - Steers. good, $500 %
6.25.
Hogs-Good to choice, $3.50 a
4.60.
Lambs-Medium to good. $500
% $50.
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1933-07-13

TESTIFYING before a one-man
i grand jury consisting of Judge
II. B. Keidan, a Detroit banker,
Herbert r. Wilkin. was asked why
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1933-07-13

pass from the picture and be re-
placed by one bank. And this one.
the new National bank of Detroit,
is ''the child of Wall Street." he
added.
Wilkin, who became vice presi-
dent Of the Union Guardian Trust
company at the request Of Henry
Ford, said that, for the second
time, the Eastern bankers had
been soundly whipped in their at
tempt to force the motor manufac-
turer to bow to them.
"Wall Street believed" he said,
''that by tying up Ford's capital he
would have to deal with them or go
broke. They were sadly fooled"
In the course Of his testimony
Wilkin made these additional star
thing charges:
That huge Withdrawals of ''smart
money" had been made just before
the two banks were finally closed,
and that one of those who cleared
out a personal account was Mrs.
James Couzens, wife Of the Mich
igan senator.
That Detroit bankers generally,
previous to the closing, had become
convinced Wall Street was trying
to control all the credit of the state
Of Michigan.
That many checks of the two In
stftutions were cleared through the
Detroit clearing house after the
state bank holiday had been de-
clared by Governor Comstock.
That federal bank examiners had
co-operated with the enemies of
the Guardian group, which had a
chain Of Michigan banks, in under
valuing assets of at least one In
stitution so the new National bank
Of Detroit could buy it at low
price.
% ELATED news has come of an
- other of those terrible disasters
that periodically afflict the Chinese.
A cloudburst in eastern Kweichow
province destroyed the important
city of Tungjen, drowning thou
sands Of persons; and the wall of
water then swept down the Mayen
river valley. wiping out many vii
lagos and taking thousand more
lives.
THE disarmament conference In
i Geneva decided to adjourn un-
til after the session of the League
of Nations in September because
the statesmen are so busy now
with other more immediate prob
lens. During the recess Chairman
Arthur Henderson will negotiate
with the principal governments and
has high hopes for good results.
g. 1888. Western Newspaper Union.
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1933-07-13

have to proceed eivilly against him
also to get the gold back unless he
voluntarily yields up the precious
metal Cummings admitted. He said,
however, that he believed holders
convicted in criminal cases would
bring in their gold as a step toward
obtaining leniency.
VATICAN City police are con-
vinced that the bomb explosion
In q cloak room Of st. Peters
church In Rome was the work Of Q
Spaniard who was arrested, and
was instigated by the enemies Of the
Catholic church In Spain. No one
was injured by the blast and the
property damage was small
THE Cancellation plans for torn
= Cuba, formulated by Ambassa-
dor Sumner Welles, ran into snag
when the Machado government sud-
denly made wholesale raids on the
homes of the opposition leaders. ar
resting many prominent men. The
police said they seized machine
guns and other weapons and a radio
transmitter recently used by the A.
B. G. terrorist society. The opposi-
tionists charged that Machado had
violated the truce that had been ac-
cepted by almost everybody; and
they also resented the appointment
to cabinet posts of two men who
are considered subservient to the
dictatorship Of the President.
EMULATING Dictator Mussolini,
- Chancellor Hitler Is rapidly ex-
terminating all political parties in
Germany except his own National
Socialists. Following the Nazi raids
on the Nationalist, the suppression
Of their fighting" units and the ar
rests Of their leaders, that party
dissolved itself and most Of the
members announced they would join
the Nazis. Hitler released those
arrested and promised political
posts for some Of the converted
ones. About the same time DR..
Alfred Hugenberg, head Of the Ma
tional party, resigned as minister Of
economics and agriculture in the
reich cabinet. The State party also
was attacked by Hitler, its mem
bers being excluded from the Prus-
sian diet. The Centrist party re-
NAMED the only important group in
opposition, and the Nazi assaults on
the Catholics led to the belief that
it, too, would soon be brought into
line by force.
In Bavaria, the Nazi government
announced that all Bavarian Peo-
pies party members Of the reichs-
tag and diet were under arrest.
TESTIFYING before a one-man
1 grand jury consisting Of Judge
II. B. Keidan, q Detroit banker,
n re,1y al y1nvx
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1933-07-13
News Review Of Current
Events the World Over
london Conference in Danger Of Collapse as Moley
Arriyes-California and West Virginia Vote
for Repeal of Prohibition.
Bv EDWARD W. PICKARD

r,poF. RAYMOND MOLEY arrived
IN London seemingly full Of con-
edence and optimism, but there was
!. .erious doubt whether he could
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1933-07-13

work plants of Oregon and WASH
ington will meet in Longview July
8 to form a code of ethics for the
industry to be submitted to the
federal government, in line with
President Roosevelt's industrial
recovery bill. The code will be
based on liveable wage, reason
able prices and elimination Of un-
fair trade practices, it was an
nounced. G. e. Cowedin, president
&C the acknowledgement company OF
Portland, will preside.
| Vancouver - Vancouver has
definitely taken its place in the
procession on the road to recovery
with receipt of word that all wag-
es and salaries will be increased
Ito per cent at the Columbia River
Paper mill plant here beginning
the first Of July. The announce
ment came as complete surprise
to plant employees from the man
ager down.
Raymond-The HARDWOOD mill
here will resume operations July
lis, after a shutdown of several
years, Car Gylling, manager, has
announced. The Nemeah logging
camp will begin operations July 5,
and will employ rs men. The big
mill at Raymond will employ about
90. The mill has an average ca
Ipacity of $4,000 feet of lumber
day.
Kelso-E. H. Adams, who oper-
|ates several tie mills in the Kali
anna river district, will soon have
another mill on Hatchery creek.
tributary Of that river, in opera
Ition. Two transformers to be used
in providing electricity for the
mill are being installed. The plant
will employ about ten men.
Waitsburg-Henry Zuger, a far
mer at Boles Junction, near here,
vouches for this one. Twin colts
were born at his ranch, one a
horse and its brother mule. Both
colts are normal in every respect.
The dam is a large Percheron.
Raymond wage increase to
$3.50 day as base pay. the sec
ond increase in three weeks, be-
came effective July 1, at the Will
lapa Harbor lumber mills here.
Some 500 workers in mills and
camps were affected.
Yakima-Corrod until its de-
sign was almost effaced, penny
swallowed nearly three years ago
was removed recently by a sur
geon from the stomach OF Patrt-
cha Harlan, 4, of this city.
With many districts promising
40 bushels of wheat to the acre.
Douglas county estimates its crop
this year at 100000 bushels.
Nearly 100000 bushels remain in
storage.
Chehalis-The single mill OF
the Guerrier Lumber company at
Guerrier, IL miles southeast OF
Chehalis is now going full blast
on an eight-hour shift.
Raymond-Two Chinese were
arrested by u. S. customs officers
here last night and 81 tins of
opium, valued at about $4,000
were seized.
Bremerton-Strong winds flung
the U.S.S. frigate Constitution
against some piling when the YES
sci docked here last Friday for a
'five-day visit, swinging three guns
around and smashing some Of the
works.
Seattle No appointment of a
federal Judge to succeed jeremiah
Neterer, of Seattle will be made
until next fall, in order to save a
judges salary. Judge Neterer is re-
firinu m, Iacc0rnt of aga
The Kennewick courier-reporter. [volume] (Kennewick, Wash.) 1914-1938, 1933-07-13

lowed, which were rather diScon-
certing to many OF his hearers.
After explaining the manner In which
codes would be received from indus
trial groups, Mr.. Richberg said that
the hearings were intended to pro-
duce facts only, and that no oral
arguments upon questions of law
would be permitted. If any inter-
est felt its legal rights were being
trampled, it must be content to pre-
sent its plea privately in writing to
the administration, according to
this Richberg ruling.
Another section Of the Richberg
code was even more drastic. It pro-
vided that the control of testimony
to be presented at the hearings will
rest entirely with the deputy admin
,istrator. The deputy will call all wit
nesses, question all witnesses, and
no question may be asked by any
one else without the consent of the
deputy.
Deputy Administrator Allen took
charge Of the hearing later and
the textile code was discussed, with
witnesses both for and against 1t.
The tire makers, especially, object
ed to some of it's features. The
proponents Of the code agreed to
ban child labor. President Green
of the American Federation Of La
Dor, who is strongly opposed to the
wage scale proposed by the textile
group, was present part Of the time,
as was Secretary Of Labor Frances
Perkins.
nNE-THIRD of the states have
- now declared themselves for
ratification of the prohibition re-
peal amendment, the score standing
16 to O. The latest to go on record
are California and West Virginia.
The coast state was never in
doubt and the vote there was about
three to one for ratification. But
West Virginia the drys had hoped
WOulu upuOlu pIOulUiIiOus aOW.
ever it set an example to the rest
of the South by giving the repeal
cause q substantial majority. The
hill counties and farming regions
were strong in opposition but their
votes were overwhelmed by those
of the cities and the mining areas.
Twenty more states for repeal are
needed. and the vets have some
hope that these can be secured be-
fore the close Of the year.
The state conventions Of Indiana,
Massachusetts and New York met
and carried out the mandates Of the
people by ratifying the repeal
amendment. al Smith was president
of the New York convention and
said: 'vThis gathering will go down
in history as warning for all time
that questions like prohibition
should be decided by the people
themselves and not by legislatures.
THERE were those who thought
I the acquittal of Charles Mitch
ell on income tax evasion charges
would take the heart out Of the
Evening star., 1933-03-18
FILIPINO COMMISSION
OF II SAILS FOR U. S.
Will Determine What Kind of In.
dependence" Is Possible Under
Plan Adopted.

- the Associated Press.
MANILA, Philippine Islands, Marcn
1s-A crowd of many thousand Fill
pinos, swelled by delegations from the
provinces today bade farewell to q
mixed commission departing for the
United States to confer with admins
tration leaders concerning Philippine
independence legislation.
The commission Of II members, led
by Senator Manuel Quezon, president
OF the insular Senate, sailed on the 1tai-
ian liner Conte Verde. The Conte Verde
altered its route to pick UP the party
and will carry them to America via
Europe.
A parade by insular and provincial
ofiicials, students, labor delegations ana
others preceded the departure.
Prominent among the paraders was
Gen. Emilio Aguinaldo, insurrecto
leader Of three decades ago.
Quezon, reiterating his opposition 10
the terms of the Hawes-C Cutting act,
which Is awaiting acceptance or rejec.
ton by the Filipino government, SAID
the purpose of the mission Is to deter
mine what kind of independence" Is
possible under the act II 1t seems un-
likely that the current Congress Will
revise or amend the legislation.
Evening star., 1933-03-18
NEW FARM AID PLAN.
INCLUDES BANKING
Senator Smith to Introduce
Bill at 0nce-Congress
Approval Seen.
BY the Associated Press.

By the Associated Press.
A new farm plan, calling for crea-
ton Of general banking system ex-
clusively for the benefit Of farmers, was
advanced on Congress today, while the
House Agriculture Committee, amid pre-
dictions Of early approval, undertook
searching study Of the administration
agriculture relief bin.
The new plan was advanced by Sena-
tor Smith, Democrat, Of South Carolina,
chairman Of the Senate Agriculture
Committee. He told newspaper men he
would introduce bill to create the pro-
posed system as quickly as possible.
His announcement followed a confer
ence with Secretary Of Agriculture Wal
lace and Henry Morgenthau, jr, chair
man Of the Farm Board.
At the same time, Senator Nye, Re-
publican, of North Dakota, after talk
with President Roosevelt, predicted
there would be an administration plan
soon for refinancing agriculture and
small home owners.
Broad Program Ahead.
Looking ahead, am thoroughly
convinced" said Senator Nye, that the
President Is preparing a broad pro-
gram for refinancing Of agriculture and
the small home owners. This will be
proposed before Congress quits. The
President revealed his plans to some
extent to me, but I do not feel at lib
erty to discuss them publicly. I am
highly elated at what is in prospect u
Indorsing the pending agriculture bill,
the North Dakota Senator said he be-
neved it would win early congressional
approval.
Meanwhile, Representative Byrns,
House majority leader. told newspaper
men the. farm bill would pass the
(Continued on Page 2 Column A.
Evening star., 1933-03-18
Resolution Calls for Credit of
$19,000,O00 for Interest
Due Last December.
QUESTION is REOPENED
Definitely BY ACTION
American Crisis Given as New
Fact" Demanding Display Of
World Solidarity.

BY the Associated Press.
PARIS, March 1S-Payment Of the
$40 100000 interest owed the United
States since last December is was pro.
posed today in resolution presented in
the Chamber of Deputies by Rene Rich
rd, radical Socialist Deputy.
The action definitely forced the prob
lem before Parliament and the govern
ment for the first time since the over
throw Of the Herriot cabinet the morn
ing before the due date.
The resolution reads:
'The chamber invites the government
to place at the disposition Of the Gov
eminent of the United States of
America a credit Of $4,000, 900, the
amount of the deferred payment due
the 18th Of December, 1882"
The American crisis was given as "a
new fact" demanding . display of in
ternational solidarity as Frances duty
in the preamble.
Richards action suddenly crystallized
the movement led by former Premier
Herriot and supported by. former
Premier Painleve and others with the
tacit encouragement Of the government.
Solidarity Called Duty.
"A severe crisis has struck the money
and the credit Of the great American
republic" Richard said In the preamble.
Before this new fact" it IS no longer
for legal discussion that we summon
the Chamber but for an act Of interna-
tional solidarity.
1T is because we believe In the duty
and solidarity Of peoples; it Is because
we believe this duty Of solidarity IS the
greatest and most imperative Of inter-
national duties; it is because we be-
leve this constitutes an international
morality Of peoples and democracies
that we ask the Chamber to make this
gesture which will honor 1t and honor
our country"
In Accord With Herriot Views1
M Richards friends said the reso1u-
ton was presented in accord with the
views Of M. Herriot, who wrote today
in a Lyons newspaper, I'VE must pay"
M. Herriot said the United States
must be propitiated because its aid Is
essential to French security. He added
that the Chamber should regard COM
ciltAtofy deciarA Atiunss " fYesfdent
Roosevelt as meeting its reservations.
The resolution will go to the Foreign
Affairs Committee, of which M. Herriot
Is chairman and which he dominates,
and to the Finance Committee, whose
chairman, Louis-Jean Malvy, opposes
payment.
Debate in the Chamber Is not likely
for a week.
Evening star., 1933-03-18
BY THOMAS r. HENRY.

In q bare room high in the brick
tower Of the Smithsonian Institution
lived q poor, sick old man.
It was a combination bed room and
studio. The walls were covered with
pictures paintings Of Indian chiefs,
their squaws and their papooses. Day
after day the sick old man sat at his
easel. painting more pictures.
A little boy brought him his meals in
the high tower and attended to his
simple wants. The old artist had no
money to pay the little boy. Instead
every now and then he gave him a
picture. The child had no use for the
pictures. He accepted them rather
than hurt the old gentleman's feelings
As soon as he was out Of sight, down
the winding stairs of the tower, he
would leave them and month after
month they accumulated.
by and by the old man. very sick
and discouraged, left the brick tower
and went away to live with relatives
The boy never saw him again.
That was more than half century
ago. This week a dignified gentleman
and his granddaughter visited the De-
Evening star., 1933-03-18
WILL BE FIRST MEETINGl
Mussolini Will Lose No Time in Start
inx Conversations.

MussOlini Will Lose NO Time IN StaIt-
ing Conversations.
ROME, March 18 (R.-Premier
Benito Mussolini and Prime Minister
Ramsay Macdonald are meeting eacn
other for the first time today In their
conference seeking new formula 1or
peace In Europe.
Aside from the general problems OF
the disarmament and economic crises
the relations between France and Italy
and the activities of Germany's Fascist
chancellor, Adolf Hitler, are to be I'M
portant topics of discussion.
premier Daladier of France an
nounced last night that unless Mac
Donald flew from Rome to England he
would stop In Paris, probably TUESDAY
to discuss the results of the Rome con-
versations. Earlier 1t was announced
Daladier planned to go to England next
week.
Elaborate Program Planned.
Signor Mussolini is wasting no time
in starting his talks with the British
statesmen. He will be at Ostia, at the
mouth Of the Tiber River, to meet them
and the prime minister's daughter when
they arrive.
An elaborate program IS planned
here, although q luncheon engagement
offered the Macdonald party tomorrow
by the King and Queen probably will
be Cancelled because Of the death to-
day Of the Kings cousin, the Duke OF
AbruZI
The Pope will grant an audience to
1Cyontinlled on Page 2. Column ~
Evening star., 1933-03-18
KILLS THREE CHILDREN AND SELF
UPON GRAVE OF HIS YOUNG WIFE
Bodies Carefully Covered and Names Already Had Been
Inscribed in Headstone.

Police said they learned Friends wife,
Marianne, had died on January 5 at
the age Of 26. The children were
brought here . week ago.
The names Of all three children End
Friend were found inscribed on the
headstone Of the wife's grave, authori-
ties said,
Police expressed the opinion Friend,
grief stricken over his wife's death, had
slain the children and then committed
suicide.
The note found In his car read:
II must 60 to join her, whom we
love 30 greatly. I do as I believe right
about our children. considering the feet
that I must 50. May God forgive me
- be wrong"