davidaulloa/AmericanStories huggingface dataset:
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-04-21
FILIBUSTER IS
BEING FRAMED
BY OPPONENTS
Senate Fight Will Be Car
ried On From The Floor,
Is Indicated
SEPARATE BILL
OFFERED In HOUSE

WASHINGTON, April - CUP)
The senate banking and cur
rency committee voted today to
report favorably in the senate
the administration $4,000, 0UO,-
GOO currency and credit cXpan-
sion program.
The proposal goes to the floor
where opponents are reported to
be organizing 4 filibustcr against
it..
II was voted a. an amendment
to the farm relief bill but was
adopted as Il resolution. recon-
mending that it be withdrawn on
the floor to be treated as a Sepa-
rate proposition.
The administration currency
initiation program today was in
trOduced in the house in form
Of Il separate bill by Rep. Ran
kin, Democrat. Mississippi.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-04-21
Fundamentals OF Moneys Standard
Change Explained By Economists
Slowing Down Of InfIationary Process Expected When
Cheaper Money Brings Back Normal Buying

WASHINGTON, Apr. 81 (UP)
Some of the perpleXing problems
raised by the abandonment of the
gold standard by the United
States and the new era of money
imitation were answered last night
by economists as follows:
What is money imitation? Dilu-
ton of existing money through
issuance of more currency.
How much is a dollar worth at
ter imitation? The dollar will buy
less goods in almost direct pro-
portion to the imitation of the
currency. .
Will imitation aid business?
Yes, temporarily at least because
it will make people spend their
money before it depreciates.
Why is the country embarklng
on an era of imitation? Because
it was necessary to stem the spiral
of dehation that has closed thou
sands of banks and business
houses burdened with debts.
How far will the initiation go?
The administration is expected to
stop it as soon as the cheaper
money oils the business VIII tels
and normal buying is resumed.
How may a person with ready
cash in hand or in the bank pro-
tect himself from rising prices!
By purchasing such necessities as
clothes. food or even house or
an automobile.
How high will prices of beanSS'
potatoes, clothes and other prod
ucts advance? 1t is difficult to
determine pending definite EnoWl-
edge as to the extent of the IN
fiation program and various other
uncertainties.
Will the nation go through an
other experience such as occurred
in the Civil war period when the
preenbacks were issued? The ad-
ministration is guarding against
this possibility.
Will imitation aid the farmer?
Yes, it will ease his mortgage bur-
den and might raise his income
because of higher prices for farm
products.
How will it affect the average
fixed salaried worker or wage
Garner? Unless wages or salaries
were advanced in the same pro-
portion with the rise in prices, he
would find his living catching up
with his income and couli save
less. ..
Why is the United States off
the gold standard? Because it will
not redeem paper gold notes with
gold coin and refuse to allow the
free export Of gold
Why was the gold standard
abandoned? To prevent the pam
icky drain of the country's none
tary gold reserves to Europe; to
reduce the value Of the dollar so
that it could compete in foreign
markets with other DEPRECATED
currencies and to give the United
States bargaining point in the
Continued on page 81
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-04-21
new JAP NAVAL.
BASE RUMORED.
England Hears Of Plan To
sd Re-estabIish Base AT =
Port Arthur

LONDON, April 21.-(UP).-
England intends to consult the
signatorics Of the nine power
treaty if reports are verified that
Japan intends to re-establiSh u
naval base at Port Arthur.
1t is understood today that it
was assumed that the League Of
Nations committee of nineteen
will also investigate the japanese
rev naval movement.
PEIPING, China, April 21.-
(UPD-Sharp protests by the
United States and other foreign
authorities brought an official an
nouncement from the Japanese
legation yesterday that Toxic was
ready to pay for damage done to
foreign property during air raids
in North China, below the wall.
The legation authorities, how
ever, in announcing this policy
made it plain that the missions;
and other institutions reported
devastated by Japanese aerial
commandments would have to
show proof that they harbored no
Chinese troops at the time of the
air raids.
This stipulation might delay
payment of claims indefinitely
while proof was obtained and pre-
scented to the Japanese. However,
the offer of PREPARATIONS was re-
garded as the first admission of
guilt in bombing United States
and other foreign properties oc-
cupied by civilians during the i'll
vasion Of North China, and diplo-
matte quarters were optimistic
that further raids would be
checked.
The japanese said they already
had paid 5000 (Silver) to the
French Catholic mission at Chen
Chang-Ying and 100 yen for oc-
cupation temporarily of the Meth
odist mission at Shanhaikwan.
Further compensations were eX-
pected for bombings of the Meth
odist mission at Miyun-Hsien, re-
ported by the United Press yes
terday, and the. Bretheren mission
headed by the Rev. Oscar Kautto,
at TaitOwying.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-04-21
.By RAYMOND CLAPPER
Press Staff Correspondent


United Press Staff Correspondent
WASHINGTON, Apr. 81 .(UP)
Means of returning chief world
powers to an international gold
standard will be uppermost in the
historic conversations which Pres
ident Roosevelt begins today with
Prime Minister Ramsay MacDon-
aid. - &c.. -
France, the only great power
still clinging to gold. will join in
these momentouS conferences
when former Premier lIerriot ar
riveS Sunday.
These three renowned cham
pions of the forgotten man will
spend several days here in consul
tation over an ailing world.
Their decisions. if any. and the
recommendations growing out OF
their intimate talks in the oval
room of the White House, will be
influential in laying out the path
along which the world will trudge
toward better times.
Hourly changes in swiftly
moving situation following Amer
ica's temporary deseration of the
gold standard and preparations
for embarking upon controlled IN
ilation make forecasts out Of the
question. Many here believe the
three leaders will attempt to
reach tentative decisions as to re-
establishing an international gold
standard under which each coun-
try would revalue the gold con-
tent Of its unit Of currency.
Two reasons account for the
high hopes which hang on these
conferences:
1. The three most powerful
commercial nations of the world
will be represented in them.
.. The incalculable power or
personal leadership which each Of
these men may exercise upon the
stream of world affairs.
The fortunes Of politics have
blessed the world at this decisive
iuncture in its troubled history
by bringing together at the focal
point of such great power three
men so fitted to work sympathetic
cally together and to unite their
leadership in a benevolent triun-
yirate.
All three have a strong CLEAN
r. :lool;,,,, ,xo,nraJ nv long tasf
ed practical political skill. With
ruthless disregard for precedent
all three have fought the battle Of
the forgotten man. have a COM
mon viewpoint which places his
welfare first.
President Roosevelt just a year
ago was being denounced as a
demagogue because he took the
position that money was tool or
mankind and not the other way
Continued on page three)
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-04-21
Atlanta Banker Expects
Rise In Cotton Prices
AT Once
Bv RALPH l.. SANDERS
United Press Staff Correspondent

ATLANTA, Ga, April Il (UP(
The citizens Of the south, who
measure their prosperity by the
price of cotton, can expect great
and widespread benefits from the
Roosevelt program of monetary
Initiation, II. Lane Young, At
lanta banking executive said to-
day in an exclusive Interview.
Lane is executive vice preSi-
dent Of the Citizens & Southern
National bank, which operates
branches in all the larger cities
in Georgia. He is considered an
authority on financial conditions
in southeastern United States.
The price of cotton may be
expected to rise in direct ratio
to the extent of the initiation re-
sulting from the Roosevelt pro-
gram, Young said, and rising
cotton prices in the south mean
increased prosperity for land
owners, famers, cotton brokers,
manufacturers and similarly to
every other business and indus
try.
"A rise in cotton Of > cents
per pound will UNNECESSARILY in
crease the buying power of the
general public" Young said. 1T
viii increase, the value of lands,
which will eliminate the necessity
for re-financing mortgages on
homes and farms, create new de-
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-04-21
Currency Imitation Bill Is Before Both Houses
Sees Great Benefit
To South In u. s.
Currency Initiation

mandS for all other products,
place tenants in vacant farms,
homes and office buildings, and
should generally start the machn-
cry in thousands Of idle factor
les"
The banker was particularly
Interested in the fact that infIa-
ton very likely will obviatc the
need for farm, mortgage and
other rclicf bills now pending IN
congress.
"rhe initiation plan is much to
be preferred over the current
measure for farm relief, cspcci-
ally in connection with cotton
manufacturers" he said. "The
bill now under consideration
would have pegged the price of
cotton only as far as the manu-
facturer. He was expected to
make up the cost of peggIng the
price by increasing the price to
the consumer, and there was con-
siderable doubt among southern
as 10 whether con-
sumers would be able to meet
the higher fixed price.
"Inflation will take care OF
the price Of cotton without fore
ing action on that measure.
Young told. of fertilizer eX-
ecutivc who several months ago
had expressed doubt that his
company would be able to dispose
of fertilizer already made. Yes
.terday the same executive had
indicated his concern now IS
seeking more raw materials with
which 20 meet increased demand
Increased demand for fertI-
lizer means increased production
CONTINUED from page one)
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-04-21
WANT HOOD TO FILE
RECORD OF FEES IN
AUDITING ACTIVITY

RALEIGH, April 21.-(UP),--
The senate passed 10 local bills
in the early part of its session to-
day and adopted on second read
ing the house bill to regulate the
manufacture, sale. inspection and
distribution of fertilizer.
The house today adopted 8
resolution by Representative Sui
livan, of Buncombe, to require
State Commissioner of Banks Cur
ney P. Hood to file with the clerk
of the house by April 26 names
of attorneys and auditors employ
ed by the banking department
and fees paid them during the
years 1921 and 1882 and through
1858 so lar, 40 Ee-r. -ngJf
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-04-21
By THOMAS L. STOKES
United Press Staff Correspondent

WASHINGTON. April q (UP)
President Roovelt's plan to
cheaper the dollar and issue So
900, 100000 i'm new currency IN
4 desperate effort to expand
trade and credit was submitted
TO the senate late yesterday and
met immediate threats Of bitter
opposition.
There were reports Of fill.
buster by determined Republican
opponents. Senator David A.
Reed, Republican, Pa. who will
be leader in the minority fight
against the bill. criticised the
measure severely.
IF the American people knew
what is in this bill they would
oppose it" he said last night.
ut will be the duty of the minor
ity to inform them
Later, Former Secretary of the
Treasury Ogden l.. Mills, who
had slipped quietly into town,
conferred at length with Reed.
The administrations double
barreled attack on the evil econ
Omic forces came late in the
day. President Roosevelt took
the nation officially off the gold
standard by issuing an executive
order restricting export of gold.
In this way ne withdrew support
of the dollar abroad and permit
ted it to find its own level in
relation with other currencies,
probably to be revaluated later.
Shortly thereafter. the admin
istratiOn'S currency bill, sponsor
ed by Senator Elmer Thomas,
Democrat, Okla, initiation : t
champion, was submitted to the
senate. Under its terms the
president would be empowered to
(D issue $3,OOO.0OO,OO0 of Uni
ted States notes to retire out
standing bonds; (2) revalue the
gold dollar within u range Of so
per cent of it's present worth !;
90 accept silver bullion up to
$lOO.0OO.OOO in payment of war
debts at j price of so cents an
ounce. New one dollar bills
could be issued against this sill
yer.
Reports that the nation was
threatened by another era of
''greenback" money such as eX-
perienced in Civil war days,
brought a prompt denial from
sources close to the White House.
Associates of Mr.. Roosevelt said
the new currency to be issued
would have treasury backing.
DomeStically, the power grant
ed the president in the Thomas
bill is weapon by which he can
force the federal reserve board
to act to push the issuance OF
new currency.
at takes the money power
from. New York and places it in
Washington, said one of the
drafters. "The bill takes the
power of expanding and con-
tracing the currency from the
federal reserve bank and gives
it TO the president and congress
The Thomas bill amends eX-
isting law regarding the issuance
and coinage OF money by con-
gress, and transfers powers
hitherto exercised by congress to
the president.
The bill, broadly empowers the
chief executive to carry out the
various inflationary proposals
provided whenever the foreign
commerce of the United States IS
adversely affected by deprecia,
ton in the value of currency OF
other nations. when necessary to
regulate and maintain the parity
of United States currency issues,
when an economic emergency re-
auires expansion of credit. or
when it is necessary to stabilize
the currency at levels of those
of other nations.
The president is authorized to
tContinued on page three}
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-04-21
FARM RELIEF
funds VOTED
Senate Arranges For Coin
To Work With When
Measure Passes

WASHINGTON, April u (uP)
resolution virtually in
surfing the passage Of President
Roosevelt's Muscle Shoals-Ten-
nessee valley development pro-
ject as submitted by the White
House was reported fayorably
today by the house rules COM
mitete.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-04-21
H'VILLE GIVEN
NEXT Meeting
Women's Group Of M. E.
Church Ends Waynes-
vile Sessions

WAYNESVILLE. April 2i.-
The Woman'S Missionary Society
Of the Western North Carolina
conference Of tie Methods
church. concluding its annual ses-
sion here last night, selected Hen
Jacksonville as the place Of the
1884 gathering.
Completion Of the election or
officers begun at the Wednesday
afternoon session, the interceS-
sion ceremonies. the symposium Of
the district secretaries, two adj
dresses by DR.. Frank 7. MangeL
and short addresses by two re-
turned missionaries, Miss Ma
omi HOWE and Miss Mabel Cher
nv. marked the Thursday morning
session Of the annual meeting.
The intercesSion was led by
Mrs. Mary f. Floyd. of Brevard,
a. . o'clock. Following that, Miss
Daisy Ritter gave a report on the
Brevard Institute: Miss Margaret
Gray. of WinstOn-Salem, mad2
the report on Bethlehem House;
Mrs. w. r. Harris, of AshevilIc,
conference secretary. gave her
report: and Mrs. 0. r. Brown, OF
Waxhaw, submitted the report on
the "Status Of Women"
At 10 o'clock was the SYM
postum of the secretaries Of the
10 districts composing the Yves
tern North Carolina conference.
The following secretaries respond
ed: Mrs. V. L. Stone, Asheville;
Mrs. c. F. Wakefield, Charlotte
Mrs. Joe Nixon. GastOnia; Mrs.
NJ R. Banner, Greensboro; Mrs.
O. J. Monaghan. Charlotte; Mr..
j. L. Wolff. Mt. Airy; Mrs. 4; ',
Moss, Salisbury; Mrs. A. d. Aber-
nethy Statesville; Mrs. G. l..
Hampton, Waynesville, and Mrs.
J. G. Sterling, WinstOn-Salem.
The conference completed the
list of officers by the election of
the following: Mrs. }. Frank
Spruin, of Winston-Salem, Mis-
sion Study superintendent; Mrs:
O. r. Brown. superintendent Of
Christian social relations; Mrs.
George Foard, superintendent Of
supplies.
DR.. Manget in his address at
m o'clock. stressed the friendship
of the Chinese, relating many IN
cidents to show the character OF
those friends that he had made
during his stay of "a years at
Soochow, many of them having
made liberal gifts to the hospital
with which DR.. Manget is associ-
ated at Soochow. At the twelve
o'clock session he answered the
question, aye have not chosen
, me. but | have chosen you, Why"
Miss Mabel Cherry. returned
missionary school teacher from
Korea, told of her work in that
country. Miss Naomi Howie toob
a few minutes just before the pc
riod given to special music to talk
on Soochow.
At the afternoon session. Mrs
w. w. HagOOd of Charlotte con
Quoted the service of Scripture
and prayer. Mrs. P. n. Peacock
of Salisbury, conducted the pledge
service and invitations were re,
ceived for the place of the next
session.
A large number of delegates
accepted the invitation of the en-
| tertainment committee to 60 or
a drive through Pigeon Gap, by
| Woodrow, Canton. Clyde, ant
Lake Junaluska and back tt
Waynesville.
The evening worship service
was conducted by the Rev. 7. r
Wolfe, sof Sylvia. who spoke OF
! HEfsaveHo 4.G ORE 5'-' hs
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-04-21
Three Children
Killed By Buses

SALISBURY, April 21.-(UPl
Three school children were killed
in a head-on collision between
two school buses at Woodleaf to-
day. Four others were injured.
The dead are: Mary, 10, and
Frances Broadway, II. and Cur
tbs Hartley. ~. The wreck oc-
Cured on a blind curve.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-04-21
BIG THREE TO
MEET AT THE
CAPITAL soon
Placing Whole World On
Gold Standard Will Be
Among Problems
HERRIOT DOUBTFUL
AS TO RESULT NOW

NEW YORK. April 2l.-(UP)
Premier Ramsay Macdonald of
England arrived here today en-
route to Washington, where q dis
cussion of world economic condi-
tons and other international
questions with President Roosevelt
was expected to begin late this
afternoon.
Premier Herriot Of France. en-
route to America on the lie de
France, and expected to reach
Washington by Sunday said today
in a ship-to-shore dispatch that
Americas abandonment of tho
gold standard left him reconclled
70 the role Of a speeches. listen
er at the meetings which had been
scheduled between the triumvirate
representative of England, France
and America,
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-04-21
GOOD AFTERNOON

Many a man who bought for
eigu securities and thought he
was a bondholder found out 10
his sorrow that he was only a
bagholder.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-04-21
WEATHER

Cloudy tonight and Saturday,
not much change in temperature.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-01-26
One for the Book

Ordinarily a layman can read q
lawbook and understand it as easily
As q trained barrister. It is in the
tricks and idiosyncracies OF the Law
that the average man encounters q
muddle.
One Of the finest examples in re.
cent years is the case against John j
Halloran, Phoenix lumber dealer
charged with being an accessory ia
the trunk murders by Winnie Ruth
Judd.
Mrs. Judd was convicted Of murder
in an Arizona court and sentenced
TO hang for the crime. Execution is
set for next month.
Mrs. Judd said Halloran assisted
her by helping to put the bodies OF
the murder victims into trunks and
advising her what to do with them.
But Halloran Is dismissed on the
accessory charge because the state
could not prove that a murder was
committed. It's own testimony showed
the presiding judge said, that Mrs
Judd had killed in self-defense, hence
there was no murder.
The woman will hang for the crime
but the man will go free because
there wasn't any.
All of this occurs in the same City
under the court system OF the same
state.
o Noble Judge.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-01-26
Why Such Strong Words?

England, better grounded than any
other nation In the tricks Of finance
and commerce. apparently likes being
off the gold standard.
Its newspapers, according to AS
ISOLATED Press dispatches, see in
Americas willingness to reopen the
international debt question desire
to use adjustment as bait to return
Britain to the yellow metal. What
is more. they enter vigorous objec-
ton. The Associated Press dispatch
uses the language may use the debt
as bargaining weapon to force this
country back on the gold basis" The
use Of such words as weapon" and
force is startling. For many years
we in America were told that main
tenance Of the gold standard means
financial and commercial life or
death.
England. apparently, believed the
same thing, for 1t made desperate
effort to retain that yardstick and
only abandoned it under tremendous
pressure.
What has occurred since then to
make return 50 undesirable? Why
should London newspapers use such
harsh words in suspecting us of at
tempting to restore the ancient faith
In Britain? What would America
gain or who in America would gain
by England's revival of her former
adherence?
Maybe If we had another commits
sion look into this matter We might
find something to our advantage
Can it be that we have worshipped
false gods all these years and that
England. having been purged by
force, has seen the error OF her WAYS
and has adopted better system than
We have?
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-01-26

other fields.-Professor Auguste Pic
card, Swiss scientist, visiting u. 8.
4 * i
Mussolini is more interested in the
United States than in any other ma
ton except Italy because he consid-
ers America is young and dynamic.
Augusta Rosso, newly appointed
Italian Ambassador to the U. 8.
\ \ y
In period when men naturally
turn to God, religious leadership ap-
pears to have been liquidated.-Dr
William H. Leach, editor Of Church
Management.
y \ y
Today when man feels emotion, he
looks for God, but in 2032 he will
take a pill.-Bertrand Russell, Eng.
lish radical writer and lecturer.
\ \ y
I'm not ashamed to shake hand,
with any worker.-Mrs. Franklin D
Roosevelt, wife of the President-elect
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-01-26

leaving the skin smooth" That's one
way of shaving, and according to one
comedy woman who has had expe-
rience the regular moderate use Of
the fine toilet pumice stone sold by
druggists and toilet goods dealers is
the most satisfactory way to deal
with superfluous hair on the face.
Electro-surgery for Golfer
Is diathermy ever used in the
treatment Of inward goiter? I mean
electro-surgery or the electric knife?
I thank you for having recommend
e0 me TO DR.. --, who removed
my tonsils with diathermy. He is
very skillful. My throat is as clean
as throat could be after any opera
ton. my family physician says.-(M
r. F.
Answer-Yes. the endothermy knife
(Which sears the tissue as the spark
dissects it is used by most surgeons
in goiter operation, brain operations
kidney operations and other surgery
where it is desirable to prevent ooz-
ing or the spreading Of malignancy.
Tapeworm
Is there such thing as tapeworm?
Old time takers who exhibited jars
of snakes" have a relative who is
very thin yet eats twice as much as
an average person ..-(G. r.
Answer-Yes, many healthy, well
nourished persons, with normal ap-
petite, harbor tapeworm, which usu-
ally does not affect the hosts health
appreciably.
Copyright, John F. Ollie co..