davidaulloa/AmericanStories huggingface dataset:
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-03-09
FINANCIAL LEADER
URGES new SET-UP
FOR BANKS OF j. S.
Is Regarded As Most Drastic
Reform Ever Proposed on
Wall Street

New York. March s.-(R}-Wide-
eyed Wall Street looked toward WASH
!ngton Thursday and pondered the
legislative changes Of Winthrop w.
Aldrich's plan to change the set-up In
the financial heart Of the western
world.
Aldrich, who Is head Of the Chase
National Bank, the largest In the
world. and is brother-in-law to John
D. Rockefeller. Jr.. proposed Wednes-
day night the most drastic program
Of banking reform that has ever
emanated from Wall Street.
Not only would It divorce deposit
and investment banking completely.
but It would 60 far beyond even the
Glass bill. which hitherto has met
much disfavor in Wal Street. One
effect would be to curb severely the
activities and power Of leading private
banking firms. notably J. p. Morgan
& Company.
Il would forbid private bankers to
take deposits or to be directors Of
banks Of deposit. Members Of the
Morgan firm are directors Of some OF
the largest commercial banks Of the
country and hold important deposits,
foreign and domestic.
Street 10 Astonished
The program. designed to rid COM
mercial banking Of any spirit OF
speculation" astonished many in Wall
Street. It involves the inclusion Of al:
commercial banks In the federal sys-
TEN.
The New York Times pointed out
the suggested program would curb
the power Of the large private invest
ment banking firms in three respects:
First. BY depriving these firms Of
the right to accept deposits, It would
make II necessary for the private
banks to obtain credit from the COM
mercial banks in financing their se
curity flotations.
Second. by doing away with the Sc
curity affiliates Of the commercial
hanks. the proposed regulations would
take from the private banks outlets
for the syndicating Of their securities
which have In the past been Of great
Importance.
Third. By removing oil private bank
'ers from their positions g directors Of
commercial banks. the changes would
greatly reduce the prestige. influence.
and inside information" available 70
the partners Of investment houses Of
present.
Aldrich, . comparative newcomer "a
the banking field, made his proposals.
Ia connection with "a announcement
that the Chase National Bank would
divorce it, security affiliate. the Chase
Securities Corporation. Similar steps
are being taken By the National City
Bank.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-03-09

ing to the executive branch Of the
government control over banks for
the protection Of depositors: author
ity forthwith to open such banks -
have already been ascertained to b
In sound condition and other such
banks as rapidly as possible: and au-
thority to reorganize and reopen such
banks as may be found to require re-
organization to put them on . sound
basis.
II ask amendments to the federal
reserve act to provide for such addi-
tional currency, adequately secured.
as It may become necessary to issue
to meet all demands for currency and
at the same time to achieve this end
without increasing the unsecured In
debtedness Of the government Of the
United States.
Need ID Immediate
II can not too strongly urge upon
the congress the clear necessity for
immediate action"
The president called those recon-
n1endations IAN essential preliminary
to subsequent legislation directed
against speculation with the funds Of
depositors."
He revealed also, that he eoon VIII
request congress to enact two other
measures "of immediate urgency
proposals believed in Democratic
ranks at the capitol to be power 70
reduce government costs, including
veterans' funds: and to provide $780,
100000 or % for public projects to
spur employment.
Senator Glass In the senate and
representative Byrns In the house
sponsored the banking bill. aiming Il
possible to get It to the white houoe
BY nightfall. This, It was helievo1
would enable hank reopeninSs ri
day.
Among the crowds who filled the
congressional galleries was the wife
Of the president. In tho house, too,
numerous friends Of Representative
RAtney Of Illinois eathered 70 watch
his formal election g sneaker 10 Suc-
ceed Vie President Garner.
Speaker Ratuey told neWspapexmen
the administration banking bill
authorizes . new issuance q troos-
ury currency On the basis Of gove9n-
ment bonds.
Rainey said the bin il wy m
volved, and government bcnd1 only
Win b thu security for currency.
l00nlboo To1al LAego
ANY individual. hank q Corpora.
ton would have the right % ton6og
government bonds % the treasury and
take away C91xToncy.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-03-09
jamestown Man Selected Al
Meeting Of industrial
Board Wednesday

Robert M. stangler, jamestown
banker. was appointed manager Of
the Bank Of North Dakota ct . meet
iug Of the state industrial commission
"wednesday. He succeeds p. II. But
Ter, acting manager since the resig-
nation Of Col. 6. =. Mudsett early in
January.
Gov. william LANCER, Attorney Gen.
sral A. J. 0ronna, and Commission
q q Agriculture and Labor John
HUSKY, who compose the commission.
voted unanimously for stangler.
Qronna made the motion to ap-
point stangler and was seconded By
HUSKY.
stansier WAS born ct Fingal. Da-
kota territory. In 1850. he has been
. banker In North Dakota for 70 years
and served q deputy hank examiner
under the Lynn J. FraHer admins
tratiou. he y . former service man.
enligtiug With the North Dakota M
tional guard ct Bismarck In July,
1917. Ne was hcuoeahly discharged
@ Q sergeant. His family consists Of
his wife and tWo daughters.
LEWIS WILL DIRECT
LAND DEPA1TlGENT
Carl Iewis Of Fargo Taursday waa
named head Of thu land department
II thu hank Of North Dakota By
1obDet ". otangler. newly appointed
head Of the bank. The industrial
eomaniasion approved the Lewis ap-
poiutunent. .
Lewis has been . resident Of North
Dakota tor. eover 30 years, and to-
many yeaSs engaged IN the real -
tato business.
before coming 70 Fargo he lived
ct LAkota vhere ~ engaged n hank
ine, ana had also reelded at Het-
finger. flls family oon1ists q ~
vie and two .ehildren.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-03-09
JAPS HALT EFFORT
TORECAPTUREP
IN CHINA'S Big WALL
Infantry Under Con. Tadashl
kawahara Easily Rspulsss
Counter Thrust

Chinchow, Manchuria, March o.
R-Reinforced Chinese troops tried
Thursday to recapture Kupeikow. the
great Wall-of- China pas on the road
from Jehol city to peiping.
japanese reports said the Chinese
we're repulsed easily BY the japanese
infantry under Maj. Gen. Tadash
Kawahara, which occupied the pas
ct noon "wednesday after 4 six-hou,
battle.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-03-09
Congress Act to Reopen Banks
ZQngara Pleads Guilty to Murder Charge

Here Are High Spots il,
Roosevelt Bank MESSAGE
Warrington, March s-Q-Sriking President Roose.
vets message to the special session Of follow:
Our first task Il to reopen Ill sound banks"
AK Of the consress immediate enactment Of esaton CIV
Ing the e.ecuvs branch Of the control
the protection u depositoFs
II ask amendments to the federal
additional adequately
to Issue to meet all demands for currency
The members Of the win realise, confident
the grave responsibility which lies and Them
"A continuation strangulaon banking facilities
thinkable"
Of the proposed legislation will this condition
and TRUST within short Of time win result in resumption Of
business activities"
This legislation win also marx the beginning
tonshp between the banks and the people Of this country
I'm the short space impossible foemu
late completed measures to prevent the Of the evils Of
the past"
This does not and should not however Justify any delay
accomplishing this first STEP"
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-03-09

111AN0 WVu6A 16O016lkJ8
Warrington, March e.-He
House leaders said Thursday that
. $500 Ooo. 900 public works pro-
gram including the development
Of Muscle Shoals and the Colum.
bia Basin project WAS : part Of
the emergency program which
President Roosevelt would send to
congress.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-03-09

Jehol CITY. Jehol, with the Jap
anese Army, March 3.-tReA 250-
mile Journey across Jehol with the
advancing japanese force during the
last week disclooed . series Of practic.
ally deserted villages With IS per cent
lot the BUILDINGS shuttered and only
the ased and children visible when
the japanese troops arrived
Closely In the wake q the victorious
army ware Aanchukuos publicity
wagons" oaded With quaint. gaudy
posters proclaiming The Japanese
advised government q nanchukuo IN
earthly paradise.
The conduct q the japanese wa
exemplary. They paid Tor whatever
they used and were billeted In only
|unoccupled bulldines.
Behind the troops came groups q
llanchukuAo officials, taking over Of
llces In the towns and citiss deserted
hy the Chinese.
The Japanese drive. Which began Il
|dAys ago. Was completed n tlae nick q
time. Roads and rivers alrUady are
|thawins and shortly they win b I'M
poaon6le.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-03-09
REPORT CHINESE FLEE
FROM SOUTHERN JEHOL

Tokyo. March o-(ReA battle be-
tween Japanese and Chinese troops In
southern Jehol Wednesday was dis
closed In Q war office report Thurs
day.
It listed Is japanese killed and 50
wounded In IN engagement between
portion Of Maj. Gen. Heitiro Hattori's
brigade and several thousand Chinese
Is miles south Of Wukungfu.
The Chinese were reported to have
fled after suffering heavy Casualties.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-03-09

Can Antonio, Tex. March o-(A-
A shipmsnt Of 42soOo0 n gold, beins
transported by plane from . New
York hank 70 Aexioo CITY, wal
stopped q Brownsville today and Va
belng aont hack - tho Nbderal H.
servs bank ct Dallas by sxpCsas.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-03-09

l3AY 06eOB8W VW1Ukx
Warrington, March e.-HeThe
administtation y ready 70 permit the
opening Of Ill sound banks" Friday,
Il the emergency banking blu lad
before congress today By President
Roosevelt & enacted By that time.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1933-12-21
Metropolitan Opera Opens
Tuesday nth "Peter I5betson'

The Metropolitan Opera House will
open its season next Tuesday night
with "Peter Ibbetson," with Mines,
Bort, Swarthout, Bourskaya and
MeSsrs. Johnson, Tibbett and Rothier
in the chief roles.
Other operas of the week will be:
"Tannhaussr," Wednesday night,
with Muellcr Branzell, Lorenz and
Schorr; n. yoletto,' Thursday after
noon, with Lily Pons. Swarthout and
Nino Martini and De Luca; "L'Afri-
cana" Thursday evening, with Rosa
Ponselle, Morgana, Martinelli and
Borgioli; die Walkuere,' Friday
evening, with Kappel, Ljrngberg,
Branzell, LorenZ and Hofmann;
"Mignon," Saturday afternoon, with
Bori, Pons. Schipa and Rothier, and
Aida" on Saturday night, with
Mueller hampton, Martinelli and
De Luca.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1933-12-21
New Songs, Dances Plays to
Feature DAILY" Celebration

NEW YORK. sections OF
the workers cultural movement ere
carefully planning programs. Of new
songs, dances, dramatic numbers fol
the celebration Of the tenth anriver-
sary OF the Daily Worker TO take
place in the Bronx Coliseum on Sat
urday evening, Dec. 30.
Competition between these various
groups ss to which will represent
the most popular number 10 the
10000 workers who will Jam the Coli
scum grows sharper each day.
The Theatre Of Action Of the
Workers Laboratory Theatre is pre-
pairing its number behind locked
doors.
we realize the revolutionary sig
nificanee Of the tenth anniversary Of
our Daily Worker, and we are pre-
pairing a surprise presentation that
we believe will draw an ovation from
the thousands of workers who will
come to the Coliseum to celebrate
the tenth victorious year Of our only
American Working-class daily news
paper" the directors Of the group
state
The Daily Worker celebration in
the Coliseum on Dec. 30 will mark
the seth performance by the Thea
tire Of Action during this year and
will also wind up its 1898 activities.
This group has given strike per-
formances that have received enthu-
siastic applause from workers
throughout Greater New York.
The celebration at the Coliseum
will be the outstanding working class
event Of the year Following a pro-
gram Of unusual revolutionary enter
tainment there will be dancing until
dawn. Michael Gold will act as
chairman. G. A. Hathaway, editor
Of the Daily Worker, will be the only
speaker
Tickets in advance are 40 cents
and are obtainable at the Workers
Book Shop, so E. 18th St; 699 Pros
pect Ave, Bronx; Bronx Co-opera-
tive Barbershop; I. w O., 80 Fifth
Ave; Needle Trades, 131 w. oath st.;
Brownsville Book Shop, 50 Herzl st.
Newark Celebration
NEWARK, N. 1.-THE tenth ami
versary Of the Daily Worker will be
celebrated on Jan. 6 at the Y.MH.A.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1933-12-21
NJ u SIC
Pierre Degeyter Club
Chorus Meets Tonight

A special meeting of the Chorus
Of the Pierre Degeyter Club, will be
held on Thursday ct 5 D. m. at 5
East 10Th st. All voice ranges are
needed. Singers who can read music
are invited to join. The Pierre De-
geyter Club Chorus is the only
chorus in the working class move
ment composed of professional
members, and is not therefore in
competition with establish groups.
Classic works as well as compost
lions by modern Soviet and other
proletarian composers are to be
performed, A series of social cham
Der operas are being planned in
conjunction with the club orches-
ira. Jacob Schaeffer is the con-
ductor.
For any further information COM
municate with H. Gray, organizer
Of the Pierre Degeyter Club Choir
us, 5 E. 18th ST., N. Y, C.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1933-12-21

omic news and report upon It while
| it is happening. Strike struggles, the
fight for 1obIess insurance, the battles
Of the militant farmers, the. gyrations
Of currencies and markets, the strug-
gle against Faseisn1-aH phases of life
in our collapsing capitalist state viii
be brilliantly reported and af1alyzed.
The New Masses will continue the
publication Of outstanding short
stories and poems. "s
Revolutionary Art
Granville Hicks, whose recent book
profound impression in the literary
THE Great Tradition" has created a
world, win be in charge of book re-
views.
Nathan Adler and Tom Brandon
viii conduct the film department
Ashley Pettts, noted pianist, formerly
OF the Eastman School Of Music will
| cover the musical field, while writer
whose name cannot now be announced
will handle dramatic criticism.
A special department will be de-
voted each week to letters from read
ers mirroring the actual life in in
dustry, the Black Belt, mining, ship
ping, farming, etc, as the workers
themselves live it. 0r
Concise, clear-cut interpretations of
the significant events Of the week
written by the ablest minds in the
American revolutionary movement
will distinguish the editorial section.
The weekly New Masses will sell for
10 cents an issue. Subscription prices
are $3.50 a year, 81 for SIX months,
while for q limited time special trial
offer of is weeks for 81 has been ar
ranged.
Quarterly Supplement-
Beginning about a month after the
first issue of the weekly, the New
Masses will publish its FIRST Quarterly
Supplement-. This will contain theo-
retical and critical articles of greater
length than the weekly can accom-
modate. Tt will be sold on the news
stands as part of the regular issue,
and is included in the regular Sub
scription price. Tt is hoped to make
the weekly New Masses self-support-
ing. A budget has been, worked out
to permit this as soon as subscriptions
and newsstand sales aggregate 10000
q week. ..
Subscriptions should be, sent to the
offices of the New Masses, 81 E. 9th
ST., New York City. ..
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1933-12-21

Auditorium. Booart Minor and j
becca Grecat win be the main sper
ers. The program viii also fe
Eugene Nisob, Of the w. /.
Socialist Liedertafel Chorus~sgl
heit Gssangs Verein. wei.
sol0ists, and the Jack London -.
matte group.
New England
BOSTON, Msss,--Tenth aruliy
sary celebrations Of the Daily Wa
Will be held In Providence, r.
Jan. 6 at the Swedish Hail, % CO.
nut st.; in Lawrence, Mass, on JaN
8, at the Loom Fixers' Hall, IS Mar
gin ST.; in Lowell, Mass, on Jan,
at 1913 Central ST.; in Boston Oh pei
10 at the Dudley Opera House, wit
g. A. Hathaway as the main speakei
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1933-12-21
Reception to Strachey
At Art Exhibit for the
New Masses Magazine

NEW YORK--Jeian- Strachey,
visiting British author, will be given
an informal reception this Thurs
day afternoon at 8 p. me- at the Al
lied Arts Galleries, 152 West 157th
Street, where an exhibition of
paintings and drawings. by noted
American artists is being held for
the benefit of the New Masses
A number of the artists repre-
sented, who include Reginald Marsh,
Adolph Dehn, Hugo GeIlert, Alex
ander Bloch, Max Weber, william
Chopper, and Ernest Fiene, will act
as reception committee.
On Thursday evening, Joseph
Freeman, editor of the New Masses,
will speak on revolutionary art and
literature at the galleries.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1933-12-21

cASAA eto @
It will retain the same
uncompromising Communist
viewpoint which has distinguished it.
Simple recording of events decisively
affecting the world is today no longer
sufficient. 1t Is not enough to I'M
derstand the world it must be
changed.
To assure the expression of the
revolutionary point Of view and to
give it direction, the New Masses has
rallied about 1t brilliant group of
editors and writer's here and abroad
able swiftly and illuIninatingly to re-
port and analyze the vital events now
making history: the ever-sharpening
clash between a dying capitalist sys-
tenn and the growing revolutionary
movement; the deepening economic
crisis; the fight against war, the
spreading militant strikes; the increas-
ing lynch terror; the continuing I'M
employment situation, N. R, A. and
its menace to workers.
A Militant Magazine
AS revolutionary magazine, the
New Masses will aim to be a beacon
illuminating the way for tens of
thousands of Americans, factory
workers and farmers, students, pro-
fessionals-and those strata of
middle class white collar workers
whose deep-seated illusions about
capitalist democracy are being shat
tered.
1t will bring militant support to
all these-and to hungry millions
who haunt the breadlines of
thousand cities and towns-to the
doubly-exploited Negro share-crop-
pers-to the army of appropriated
home-owners- and to the masses Of
unorganized workers. Its entire
strength will be enlisted in the
struggle of the organized workers
and honest intellectuals toward
Communism. 1t will support revo-
lutionary and militant trade unions,
and other organizations, such as
the Trade Union Unity League, the
John Reed Clubs, Pen and Hammer,
National Students League, the In
ternational Labor Defense, etc
Board of Editors
The weekly New Masses will be
a 32-page magazine, illustrated by
the work of Americas foremost
revolutionary artists.
The board of editors follows:
Nathan Adler, william Browder,
Stanley Burnshaw, Jacob Burck,
VIM. F. Dunno, Joseph Freeman,
Ben Field, Eugene Gordon, Michael
Gold, Granville Hicks, Langston
Hughes, Joshua Kunitz, Herman
Nicholson, Joseph North, Ashley
Pettis, Jack Stachel, and represent
tatives of the National Students
League, and the Pen and Hammer.
Interpretive reportin9 from al
strategic points in the United States
and other countries will be one of
the strong features of the magazine.
Correspondents include John Stra-
the staff of lie Monde" In France;
chey In England; Henri Barbusse and
Erskine Calwell in New England; Ellis
Winter in California; Jack Conroy in
the Middle West. Marguerite Young
and Seymour Waldman will be in
charge OF the weekly New Masses
Washington Bureau.
Frequently, special writers will be
sent into the field to investigate at
f1rst-hand political, social and econ
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1933-12-21
Hans LaBge To Conduct Phil
harmonic Orchestra Tonight

Hans Lange. makes his first APP
pearance this season as conductor Of
the Philharmonic Orchestra at Car
negie Hall this evening. His pro-
gram which will be repeated on Fri
day afternoon and Saturday night,
includes G. Pm. En-. Bach's Sinfonia
No 8, the Pastoral" Symphony by
R. Vaughan Williams; LA Valse," by
Rayel and RiTnsky -Korsakoff's Suite
from the opera Christmas Eve"
On Sunday afternoon LANCE will
conduct q special program with Mar
garet Olsen, soprano; Theodore M.
Everett, baritone, and the New York
University Glee Club taking part.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1933-12-21
Notwithstanding
Exams Given Tonight

NEW YORK. 49, The first entrance
examinations for new students of
English in the Winter Term of the
Workers School viii be given on
Thursday, Dec. 81, at Z pm. at the
Workers School, 35 z. 18th St., 3rd
floor. These examinations are given
in order to find out just where each
student belongs. Those who took
English courses at the Workers School
in the fall term do not have to take
these examinations.
The English Department has been
enlarged to include seven classes:
two i'll Elementary English, two in
intermediate, one in Advanced Eng
lish; two new classes have been in
troduced, one in Advanced English
Composition, and one in Spelling.
Registration is now going on for
these courses.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1933-12-21
Stage and Screen
"Toshe kaI6" Premiere Dec. q
At The National Theatre

The English version of "Yoshe
Kalb," which Daniel Frohman is pro-
ducing viii have its premiere on
Wednesday, Dec. 20, at the National
Theatre. The cast includes Fritz
Lsiber, Horace Braham, Erin O'Brien
Moore, Ethel Wilson. Louis Polan
and John Wexley. Wexley is the
author Of THE Last Mile" steel"
and They Shall Not Die" new
play dealing with the Scottsboro case,
which the Theatre Guild viii pre-
sent.
Robert Lorraine, Earle Larimore,
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1933-12-21
Marx and Lentn
Exhibits in Erie,
Cleveland, Akron

on Friday, Dec. %, Cleveland and
vicinity Will have an opportunity to
see the Marx-Lenin Exhibit. It con-
sists of a carefully arranged series
of original documents, letters, man
uscripts, photographs and pictures
by and on Marx and Ienin, tracing
the beginning and development Of
their theories against a Photographic
background Of the social struggles
Of their time. The exhibition can
be seen only one day from p. m,
till midnight, at the new Workers
School, 1924 Prospect Ave,
H. M. Wicks will act as guide to
the Exhibit and at 8 p. m. will lee
ture on 1.-THE Historical Role Of
MarMsm."
The Exhibit viii also be shown in
Akron, December 21st and Erie,
December 23rd.