davidaulloa/AmericanStories huggingface dataset:
Evening star., 1933-09-28
Kelly CONFESSES !
PART IN KIDNAPPING
Says He and Bates Did Job.
Denies Role in Union
Station Massacre.
BY the Associated Press.

BY the Associated Press.
MEMPHIS, September 28-Prodded
by Federal authorities, George Ma
chine Gun" Kelly has talked.
w. A. Rorer, Department Of Justice
agent. announced last night the bad
man" from the Southwest had con-
fessed a part in the kidnapping OF
Charles r. Urschel, Oklahoma City oil
man, but that he had stoutiy denied
two other crimes.
You've got me right on the Urschel
kidnapping, but not the Chicago robbery
and the Knasas City union station job,'
Rorer quoted Kelly as saying.
Amplifying Rorer's brief announce
ment, confidential source close to the
Federal authorities said Kelly in his
oral confession had named Albert
Bates, now on trial at Oklahoma City,
as the .gunman's actual accomplice In
the Urschel kidnapping.
Did Actual kidnapping.
"Kelly made no formal confession
but he told the Department Of Justice
agents." the informant said, that he
and Bates were the ones who did the
actual kidnapping and that they took
Urschel to Paradise, Tex. and returned
to Oklahoma City to collect the ran
SON..
kelly indicated the degree Of guilt
Of the others connected with the case
and gave some idea Of the disposition
Of the ransom money"
The Chicago robbery referred to in
rorer's announcement was the hold-up
and the staying of policemen Septem-
ber 81. The Kansas City union sta
ton job" was the massacre Of four Of
flcers and their prisoner, Frank Nash,
another notorious outlaw, in an attempt
to liberate Nash.
Before Kelly's confession was an
nounced, he underwent a change of
heart and withdrew from his previously
announced determination to fight ex-
tradition to Oklahoma to stand trial
for the kidnapping.
Wife's Removal Ordered.
Kelly's statement that he would not
fight extradition came before Federal
Judge Harry B. Anderson at Jackson
Tenn, signed a removal order for Kelly
and his wife Kathryn, arrested with
him here yesterday.
John M. Keith. Federal agent from
Chicago. strongly hinted that Kelly had
been connected with the Chicago
hold-up.
The Kellys were in a bad jam before
they were caught" Keith said. They
needed that buried money t$73.25O Of
the 5000 900 Urschel ransom money dug
up on farm near Coleman. Tex. yester-
day.. but they could not 60 to it. Kelly
grew desperate. We know that he was
in Chicago the night of September 81
when two messengers Of the Federal
Reserve Bank were held up and a Chi
cago policeman was killed. All the
thieves got was two pouches of can
celed checks He kelly left Chicago
we believe, Immediately for Memphis
and set up his contact with Ramsey in
an attempt to get money"
Langford Ramsey, referred to by
Keith. is Kelly's brother -in-law. who
was reported to have confessed to Fed
eral officers that he attempted to OBJ
tain the money buried in Texas
The money, officers said. was Kelly's
share Of the 100000 collected for the
release of Urschel.
Evening star., 1933-09-28
BLUFFED KELLY

By the Associated Press.
MEMPHIS, Tenn. September 90.
Zach Bragg. former West Memphis.
Ark, mayor, now garage owner. told
today of how he stuck a gun in George
Machine Gun" Kelly's face . month
ago to collect a 81 debt
Kelly and another man bent the
fender of his car after they had bought
gasoline from him, Bragg said, and
then got tough" Il got my pistol
and came back to the car" he said.
Then I saw a machine gun in the
back seat and a lot Of license plates
I knew they were tough, but bluffed
them into paying for the damage"
Bragg said he knew Kelly when he
was q Memphis taxi driver and when
he saw Kelly's picture in the paper.
he remembered the bent fender incl
dent and was positive" it was Kelly
Evening star., 1933-09-28
What's What
Behind News
ir Capital.
Roosevelt's Books Hint
of His Program on
Power Issues.
BY PAUL MALLON.

THEY say you can tell what a
man thinks by finding out the
type of books he Is reading.
i Two bright volumes occupy
the most prominent position In
Mr.. Roosevelt's private library. They
are on a shelf by themselves. side by
side. He obviously has read them re-
Gently
One is entitled "Contessions OF
the PoUer Trust" Nert to it Is
Public Ownership"
They may offer a gentle hint to the
power companies that Mr.. Roosevelt
is thinking far ahead of his own words
on that subject.
Insurance Companies Hit.
1t is supposed to be a deep. dark
secret, but certain life insurance COM
panies are to be drawn into the Senate
stock market investigation this Fall.
Prowlers for the committee have dis
covered several new stock lists on which
the life insurance companies are named.
The private bankers sold the companies
stock below the market cost. They were
favored the same as politicians.
They will get the same roasting.
Evening star., 1933-09-28

ern Kentucky and other Southern In
diana fields, had been working at the
Somerville and Francisco non-union
mines.
Sheriff Hitch was told the search
ers. most of whom were strangers in
Oakland City, In many instances en-
tered the houses to drag out protesting
workers and start them ON their way.
Where opposition was encountered, he
was informed, windows were broken
and other acts Of intimidation COM
rnitfAd
Evening star., 1933-09-28
INVESTIGATORS SOUGHT.
Labor Secretary Asked to Send Agents
70 Steubenville, Ohio.

STEUBENVIILE, Ohio, September
% R.-In sympathy with the walk
out Of employees Of the Weirton, w. Va,
plant of the Weirton Steel Co., crews
at the Steubenville works went on strike
at 4 pm. yesterday. The local plant
employs about LOO men.
George Dunn, president Of the Steu-
benville local Of the Amalgamated As
sociation Of Iron, Steel and Tin Work
era, Joined oficials Of the Weirton local
in Q plea addressed to Secretary of La
Dor Frances Perkins to send investiga-
tors to the area. Dunn said he also
called on william Green, president Of
the American Federation Of Labor, to
join the inquiry.
The locals claim they are lighting
company union plan In the Weirton
Co. plants, and said they had no griev-
ance with other steel companies In this
district.
Evening star., 1933-09-28
Total. .$500,000 Total. $500 900
Not Earning Yet.

From the depositors' standpoint
everything is more than satisfactory
now. They know their money is safe
and that they can draw checks against
the deposited cash. a distinct con-
venience. Also. they probably will re-
ceive at least a nominal interest on
their deposits. Thus far, however. the
bank is not making money.
But the bank knows-as the gold
SMITHS discovered hundreds OF years
before-that 1t does not have to keep
all the money deposited with it, for
Evening star., 1933-09-28
SECOND FORD WALKOUT.
500 Refuse to Go to Work at Edge
water, N. j.. Plant.

EDGEWATER, N. j., September %
tP)-Five hundred employees of the
Ford Motor Co. assembly plant here
refused to 60 to work today In what
was described as sympathy" walk
out for striking laborers at the Chester.
Pa, plant of the same company.
At the same time, crowd estimated
by police at 1900 and said by authori-
ties to have come from Chester in 200
automobiles. took up picket posts out
side the plant here in an attempt to
force out the 1000 remaining workers.
Evening star., 1933-09-28

one -Sistersville-fixes . fee OF
SIS q family for garbage collection, with
fire protection charged for at the rate
of so cents for each 500 valuation OF
property and chattels.
The town would charge I cents
lineal foot for street cleaning in the
business section; 2 cents in the resi-
dental section For street lighting the
charge would be IS cents in the busi-
ness district: 5 cents in residential.
Other communities are considering
separate charge for police protection.
Acting City Manager Edwin Brooks
of Morgantown, where policemen ana
firemen are working on Q restricted basis
because Of lack Of funds, asserts the
service fees are not taxes"
"They are charges based upon the
measure Of service which ah individual
receives In his community" he says.
Evening star., 1933-09-28
PROTEST PICKETING BAN.
Silk Strikers Plan Appeal 70 Fennsyl-
vania Governor.

HAZLETON, Pa, September 20 R.-
Protesting Mayor r. Alvan Beisel's
order against picketing, silk strikers
today told Chief of Police Brennan they
would appeal to Gov. Pinchot If the
mayor refused to rescind his decree.
49, The chief had ordered thern to dis
perse from the Duplan Mill. which they
were preparing to picket.
The mayor last night directed the
police to break up picketing. after re-
ceipt Of q petition from employees Of
the Duplan Mill asking for protection
against interference. The mayor also
received kilograms from the manage
ment Of the Duplan and Mckinley
street mills, declaring their hands are
satisfied and that they are operating
under the provisions Of the national
recovery act.
Deputy sheriffs were on duty at local
mills today assisting the city police.
Evening star., 1933-09-28
MASONS CONFER HONOR
UPON so MEMBERS
BY the Associated Press.

BY the Associated Press.
BOSTON, September 28.-The high
est honor in Free Masonry, the 33d
degree. was conferred last night on go
prominent Masons from many parts
of the United States by the Supreme
Council of the Northern Jurisdiction.
Scottish Rite Masons.
Prior to the conferring Of the de-
gree, Melvin M. johnson, widely known
New England lawyer, was elect ID
sovereign grand commander; John s.
Wallace, Newcastle, Pa, lieutenant
commander; John F. McCune, Colum-
bus. Ohio grand minister Of state;
Andrew S. Patterson, Harrisburg, Pa,
grand treasurer and Charles H. Spill
man, Boston, ,<grand secretary.
Evening star., 1933-09-28
CITY BANS SWASTlKA
San Francisco Prohibits It's Use
in German Date Fete.

SAN FRANCISCO, September % Up.
-Oncial sanction for a display OF
Chancellor Adolf Hitlers Swastika
emblem at a proposed, German day
celebration in the San Francisco Audi
torium was denied here yesterday by
acting Mayor j. Emmet Hayden
Serving in the absence of Mayor
Angelo ]. Rossi, he informed repre-
sentatives Of the United German So
cieties of San Francisco:
II have no interest in the politics of
any foreign nation. but as acting mayor
I am responsible for what happens in
the auditorium. cannot afford to run
the risk of riots and demonstrations
which are sure to result If the Swastika
Is on the platform"
Evening star., 1933-09-28

9threats from George Kelly and Bates.
They are cunning criminals" Kee-
man said and shot a gesture toward
Bailey and Bates. This is the shrewd-
test crowd of gangster outlaws we have
known in modern times.
do you suppose they would have
taken Urschel down on the Shannon S
harm If they hadn't known they could
RELY on them?
"Shannon's story from beginning to
END Is a mess of cheap and concocted
lies"
Evening star., 1933-09-28
JAMES v. COLLIER
DIES ON BIRTHDAY
Tariff Commission Member
and Former Ways and Means
Chairman Succumbs.

James w. Collier Of Mississippi,
member Of the Tariff Commission and
former Democratic chairman Of the
House Ways and Means Committee,
died suddenly today at his home in
the George Washington Inn.
Death was due to heart trouble. his
ONCE assistants said. This was his
6lst birthday.
House and declined to run again last
whether candidates should run at large
or by districts. Not long afterward
he was named for the Tariff Com
mission
Mr.. Collier was promoted to the
craftsmanship of the Ways and Means
Committee of the House after last
years Democratic victory. He suffered
q stroke a while later.
Thereafter. the then Representative
Crisp. Democrat, of Georgia, took over
the active committee leadership.
Took Crisp's Place.
Crisp a lame duck" also was ap-
pointed q member of the Tariff Com
mission, but resigned after serving only
few months. Oddly enough. it was
crisps place that Collier took on the
commission
The Mississippian's commission term
began only last March 28.
He is survived by his widow. the
former Emma H. Klein. and two
daughters, Mrs Allen T. Akin and Laura
D. Collier. Funeral arrangements have
not been made
Mr. Collier had spent the last 36
years of his life in State and national
politics. Coming to the House in the
Sixty-fifst Congress in 1909 to repre-
sent the Vicksburg district. Collier ad-
vanced steadily in the favor of his
party and had been counted as one of
the leaders in the House.
For many years he had served on
the Ways and Means Committee. finally
ranking next to John NJ Garner of
Texas in seniority among the Demo-
cratic members. With Gardens cleo
tion to the Speakership at the opening
Collier came in line for chairmanship
of the committee
Born Near Vicksburg.
Mr. Collier was born on Glenwood
plantation, near Vicksburg, September
28. 1872. He received his early edu-
cation in the public schools, and in
1894 was graduated from the law de-
pdrtment of the University of Mis-
siss:ppi. That same year he was ad-
mitted to the bar and practiced Law
in Vicksburg. A political life appeal
ing to him. he was a successful candi-
date for the State House of Representa-
tives in 1896 and remained in the
Legislature through 1899 The fol-
lowing year he was elected clerk OF
Warren County. remaining in that posi-
ton until 1909. when he resigned to
become a member of the House in the
Sixty first Congress
Evening star., 1933-09-28
Borrower Uses Credit Slip ;,
Rather T1,a, Dra,u Out Cash
Clear Picture Is Conveyed of Ho,o Banks
Come Into Being and Begin to
Earn Money for Depositors.

all depositors do not call for their
money at one time. Moreover, II one
depositor makes payment to another by
check. the person receiving the check
usually Is satisfied to redsposit 1t In
the bank Actual Withdrawals Of cash
and deposits Of cash likewise tend to
equalize one another.
The bank. therefore. decides to lend
half the cash deposited with it to
members Of the community with good
security to offer. The balance sheet
then looks like this:
Assets Liabilities
Cash :. $3.50, 900 Capital 100000
Loans =. 250.0o0 Deposits 100000
Total $4,000 Total $4,000
Now Has Earning Assets"
The bank now has only $3.50 600 in
cash to meet deposit liabilities of S400,-
600. But 1t has additional resources in
notes. which it holds in its portfolio,
maturing in anywhere, say. from one
to six months. These are the banks
earning assets"
Now assume that the borrowers take
the cash from the bank, spending 1t
in the community in wages. in buying
cattle, in numerous other ways. Then
assume that those with whom they
spend it. finding themselves with more
cash than they had before. decide that
they. too, will become bank depositors,
and promptly bring back the $250,o00
to the bank. The balance sheet now
assumes the following form:
Assets Liabilities
Cash ..s5OO.0o Capital .slOo, 900
Loans. 25o,000 Deposits $4,000
Evening star., 1933-09-28
ExPEL NoN-UNION MINERS.
500 Invaders Drive - Away From
Indiana Town.

OAKLAND CITY, Ind. September
28 R.-A group estimated by ofncers
to number 500 persons swept into Oak
land City last night, sought out the
residences Of non-union miners and
proceeded to escort . number Of the
men out Of town.
Sheriff George Hitch Of Princeton.
who came to this city and deputised
number Of citizens to aid him in
ctlrbing activities Of the invaders, said
he believed 1T least 80 men had been
sent from the city on foot.
The mineaA most Of whom had been
imported from Western Kentucky, East.
Evening star., 1933-09-28
Two Mines Of Carnegie Steel Subsidiary
Close For Day.

LEESBURG, Pa, September 2S (P.-
The mine holiday" which has paralyzed
coal production in Southwestern Penn
sylvanta spread northward into Mercer
County today.
Six hundred pickets from Fayette
County arrived at Leesburg and after a
mass meeting the Nos. 2 and 5 mines
Of the Sharon Coal e. Limestone Co.,
subsidiary of Carnegie Steel, closed for
the day. Six hundred men are idle. 1t
has not been decided whether an at
tempt will be made to resume tomorrow.
After the mines closed, the Fayette
County pickets moved northward into
Venango County.
Evening star., 1933-09-28

An increasing number of people
In the United States are apprehen-
sipe OF currency imitation and fear
full OF its results.
Eight distinguished men, repre-
senting both major political parties,
haze approved and sponsored series
OF articles presenting their pieDpoint
on the n1onJ problems of the day
as their contribution toDdrd pronot-
ing a clear understanding OF the
monetary system in the present con-
troDersy.
The series UiH appear in this neus-
paper in IS consecutive daily chap
ters. The fourth is presented today.
tcoDyriEht. 1888. by North American News.
paper Alliance, Inc)
ARTICLE MOI
The Bank Check: Deposit Money.
We discussed the nature of currency
and its place in the monetary scheme
in the previous article. Today we come
to discussion of that more important
form Of money which circulates as
bank checks drawn against bank de-
posits. This Is usually referred to as
bank credit, or deposit money.
Because it passes from one person to
another without Endorsement and with
out reference to the person offering it.
and because it comes in convenient
denominations, currency Is the ideal
medium for small hand-to-hand trans
actions. But for more important
transactions this has in recent years
check. Today more than 80 per cent
NJ tho hl,cinaSe dool linos of tho TInifad
States are settled with checks.
To understand what deposit money
is. it Is necessary to understand the
essential principle of deposit banking
that is, Of the ordinary, everyday
bank which handles our money.
Not So Mysterious.
Many people think that q bank is
simply an institution with some capital
subscribed by stockholders, which in
vites the people of the community to
deposit with it their surplus cash; that
this cash constitutes the total deposits
of the bank, and that 1t is lent to other
people in the community who can use
it to advantage when otherwise it would
lie idle. The picture is not quite as
simple. On the other hand it is by no
means as mysterious as some suppose.
Imagine a new farming community
in a cattle range section of the United
States. which has no bank and decides
to establish one Leading representa-
tives of the community, which We shall
call Rangerville, get together and con-
tribute 100000 as capital for such
an institution, putting up cash. The
citizens of the community give the
bank send-off by depositing s400 900,
their entire savings. also In cash. The
balance sheet Of the new bank at this
stage would stand as follows:
Assets Liabilities
Cash :. s5O0.00O Capital 800 900
Deposits 400, 900
Evening star., 1933-09-28
NOTED OIL MAN DIES
DR.. Eric A. Starke Won Fame in
California DEVELOPMENTS.

LOS ANGELES, September 20 R.-
DR.. Eric A. Starke. SO, an outstanding
figure in the California oil buiness for
more than 80 years, died yesterday at
his home.
Starke was originally chief chemist Of
the Pacific Coast Oil Co. and later OF
the Standard Oil Co. Of California.
The Starke refining patents, developed
by the Standard Oh, formed the basis
for the FIRST successful refining of Cali
fornia crude oil.
Born in Germany, starke came 70
the United States when he was years
old.
Evening star., 1933-09-28

Mr.. Roosevelts library is in the oval
room of the Executive Mansion. Other
books prominent in it are former Sena-
tor Harry Halves masterpiece on
Philippine independence and large
volume entitled so This Is Russia. !"
The bound records Of Mr.. Roosevelt's s
terms as Governor also are there.
Evening star., 1933-09-28
HEADS SECRETARIES
Christy Thomas Elected President
of Commercial Association.

NEW YORK, September % @.-
Christy Thomas of Seattle, Wash, was
elected president yesterday Of the Ma
tional Association of Commercial
Secretaries.
Glenn B. Eastburn of Omaha, Nebr.,
was elected secretary treasurer.
C. e. Noses of Owosso, Mich, won
first. prize for the best idea for giving
,TyiceStp Chamber OF Commerce mem
hership Md community.
Evening star., 1933-09-28
Total. s750.ooo Total. s75o, 900

Here Is something new in the situa-
tion. There Is an expansion Of the
bank figures on both sides Of the bal
ance si.oet. The community Is now
using $3.50 900. whereas there was only
$500 900 altogether In the town when
the bank opened Through its ability
to create credit the bank has made it
possible for money to increase its use
fulness by so per cent.
Draw Against Credit.
As a mattr Of fact, it seldom hap
pens that the borrower withdraws his
loan in cash. What usually happens
is that he simply receives a deposit
credit for the amount borrowed, against
which credit he can draw checks at
balance sheet Is the same in either
case.
We now see that there are two ways
in which deposits come into being.
Some are actual cash brought in by
persons like the original depositors in
the Rangerville Bank. An overwhelm-
ing percentage, however, are of the
second type, and grow out Of loans to
customers.
1t must not be thought that this de-
posit money. or credit, though it is
created by the bank, is created out of
nothing and that there is. therefore,
something essentially unreal about it.
The created deposits In the case of our
imaginary bank are balanced on the
asset side Of the balance sheet by the
borrowers notes, and presumably the
bank is satisfied that the loans are to
be used for productive purposes-by the
cattle man to buy cattle, fatten it. and
sell it at q profit: by the merchant to
stock his shelves for the Christmas
trade, and so on.
Bank credit is therefore. a device by
which the holder Of any form of
tangible wealth, or earning power. is
enabled to turn the latter into money
and thus obtain for it the various
things he requires in his everyday ex-
istence.
Evening star., 1933-09-28

Those White Huose denials that Mr..
Roosevelt was mixing in the New York
mayoralty had to be made for the pub
lie record. The President denied him.
self to certain New York callers to pre-
serve that attitude. However, every one
knows unofficially Farley is not doing it
on his own.
Copyright. 1881
Evening star., 1933-09-28
Keeps Experts in Dark.

Mr.. Roosevelt has a smart way OF
working his experts. He assigns, not
one. but several to each task. No one
expert knows what the other Is doing.
For instance, Mr.. Roosevelt first put
Prof. Berle to work on new bank bill.
Unknown to Berle, several others were
assigned the same job. That also was
true of currency.
The result Is that no one knows ex-
actly what the Presidents recommenda-
tions will be until he makes them.
Evening star., 1933-09-28

Our officials haze been 0rotoing
more and more alarmed about
Cuba for the last 10 days. They
hare feared violence because food
is running lou.
Evening star., 1933-09-28
STEEL WORKERS JOIN
WALK0UT MOVEMENT
STARTED BY MINERS
Continued From First PaRe.)

Carnegie Steel Co. Is carried out by
miners
PICKETS REACH LEESBURG.
Evening star., 1933-09-28

Continued From First Page)
Evening star., 1933-09-28
,KEENAN OPENS DRIVE
, TO END KIDNAPlNGS
IN PLEA TO JURY

Continued From First Page.)
Evening star., 1933-09-28
SERVICE FEE PLAN
MAY REPLACE TAXES
IN WEST VIRGINIA

CONTINUED From First Page.)
Evening star., 1933-09-28

accompanied by Sir Ronald Llnosay'
British Ambassador, and I. 4. 6e~iey'
financial expert.