davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-10-21

to a great banker who handles the
peoples money are lower than those
which must be applied to a poll
tician?
Now it can be said that ample as
was Mr.. Virgins compensation, the
sums involved are relatively small
compared with the magnitude Of the
operations of his bank. Perhaps.
But we are examining states of
mind.
And such disclosures as these. pre-
CiSely because they are so personal
and so dramatic, create hostility and
diStruSt in congress and in the coun-
try toward Wall Street. A govern
ment responsible to public opinion
is bound not only to offer remedies
for such abuses, but what is more
Immediately important, to associate
itself in the public mind from Wall
! Street.
Therefore we have had, since
March T. what might be described as
a rupture Of diplomatic intercourse
between Washington and Wall
Street.
But while this rupture is main
tanned, Washington ardently desires
to have Wall Street resume the in
vestment business. 1t is absolutely
essential to recovery. This brings
us to the real difficulty of the pres
ent position AS an essential part
of the new deal the administration
must reform finance. AS an essen
tial part of recovery it must revive
finance. But how do you reform and
revive a financial community with
which you will not have anything to
do?
1T is stalmate, and I do not
Il see how it can be broken until
both Washington and Wall street
make up their minds on matters of
fundamental principle, and then
act upon their decisions.
1t is for Washington to decide
whether it means to reform private
finance or to supplant it. If it
means to supplant it, then its pres
ent program for the use of govern
ment credit is ridiculously mad
equate. do not myself believe that
it could be made adequate without
an intervening period of suffering
too frightful to contemplate, and 1
do not believe that the administra-
ton either desires a revolution of
this sort, or has any mandate for it.
With Qualification from Wash
ington of what the new deal means
in finance and with a willingness to
accept it in principle by Wall
Street, one might hope for re-
sumption of diplomatic intercourse
and of practical cooperation. That
is clearly necessary to overcome the
emotional paralysis which has
closed the capital markets. In the
resulting stagnation of investment
is to be found the greatest immedi-
ate obstacle to Unemployment, and
the most dangerous threat not only
to recovery, but in the longer
view to the orderly setting up of
the new deal.
(Cnnvripht 1Q921
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-10-21
Retail Coal Prices
DOMESTIC RETAu. pRIcrs

The following prices represent quota
tions from leading Indianapolis coal deal
ers. A cash discount Of Is cents per ton
is allowed
DOMESTIC RETAIL PRICES
Indiana No. and lump s5.75: egg.
$3.50; mine run. 1925. Indiana No. S,
lump $3.50; egg s5.25; mine run, S.
Glendora. lump and egg. s625
Brazil Block. lump and egg. Sc.
RETAIL STEAM PRICES
Pocahontas lump, s575; egg. SIS 80; nut
and pea s575; mine run S595.
West Virginia lump. s5.75; egg. nut. pea.
and mine run, $3.50.
Kentucky lump s5.75; egg. nut. pea and
mine run. $3.50.
Indiana No. 4 and 8. lump. IS. egg, 81. 60;
nut and mine run $3.50
Coke, truck or wagon load lots, egg, and
nut. $3.50; pea $3.50
Coke, less than truck or wagon load
lots. egg and nut, ss.50; pea. 1913.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-10-21
Bank CIearings
INDIANAPOLIS STATEMENT
TREASURY STATEMENT

oct. II
Net balance for Oct. 10. 81, oo5. so, 1897. 20
Misc int. rev. receipts 1882 412. 40
Customs rcts mo to date 2O071 41733
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-10-21
Attitude of Bankers Changed

rather thing about the entire situation the apparent
OF opposed %
far would Yesterday the Clearing House
to be urging all members behind it.
told the government
easily banking might find
going rather rough While opposing features Of the Recovery Act
Washington agreed a good sign
arrangement.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-10-21

banks held 10 Sucn pOHcy IN order 10 keep their
resources as liquid possible while others did it
primarily because they were dissatisfied with the
collateral offered by prospective borrowers.
The offer Of the r. F. G. to provide funds with
which needy banks could meet their loan require
ments IS considered good policy under present cir
cunstances. But to seem to force loans on banks
which already have surplus Of funds is regarded
as quite another matter 1t is assumed however,
that some good reason exists for the step.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-10-21
May Be to Guarantee Deposits

It may be that the loans to be used in con-
nection with the deposit guarantee which to be
placed in effect on Jan l. If such is the case the
government would be, in effect guaranteeing the
deposits indirectly instead of directly, as was being
urged upon it some months ago. At any rate it
would be eliminated to some extent at least. the
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-10-21


question OF
assumed ample funds
their have been felt,
that institutions would like show their hands by
borrowing all
into the the feelings of the weaker
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-10-21
Federal Farm Loan Bonds
tBy Blyth & Co, Inc.l
nr~ -
NEGRO INJURED BY CAR

Home Loan As, July l. 1851. 8sH SIX
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-10-21
Woman. IS. Hurt bv Truck

Copyright, 1881
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-08-24
Two Forest Workers
Perish in Montana

Great Falls, Mont, Aug. 24-(R-
Two members of a civilian conserva.
ton corps unit. 1t. Robert Gilmore OF
New York state and Harry Halverson,
about 40, of Canyon Ferry, Mont, died
in sudden storm that swept the Belt
mountains near here, Monday. Their
bodies were recovered Wednesday
night.
A third member Of the party named
Funk, from Long Island, is recover
ing.
The men, Funk said, started to walk
in the cold rain Of Sunday, from one
fire camp to another. Halverson, he
said, became i'll and, unable to con-
tlnue, was left under a tree.
The others reached a cave where.
Funk said, Gilmore died Monday.
Funk renamed in the cave until Tues
day morning when he continued on
to the camp where a search party
was organized.
A coroner's jury decided the two
men came to their death from ex-
posure and hunger.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-08-24
TWIN CITIES MEN HAD
BEEN QUESTIONED BEFORE

st. Paul, Aug. 24.-(P)-L. l.. Drill.
federal district attorney, said he had
word from Oklahoma City that five
Twin Cities men were among the per-
sons indicted there in connection with
the Charles F. Urschel kidnapping.
He said the five were indicted on
conspiracy charges.
All had been questioned by federal
agents In connection with appearance
Of Urschel ransom money in the Twin
Cities.
Drill named the five as Sam Koz-
berg, official of local drug company;
Sam ]. Kronick, proprietor of a Min
neapolis barber supply company; Pete
Hackett. Minneapolis, known also as
William Nelson, Peter Miller and Pete
Arnold; Charles Wolk, official of a
Minneapolis transfer company and
Barney Berman, who had told agents
the .Urschel ransom money that ap-
peared in the Twin Cities had come
through him and that he received it
in a liquor deal
Drill said Kozhere and Krcnlck were
in custody and agents were hunting
! the others.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-08-24
Hedberg Faces Jail
In st. Paul Mystery

st. Paul, Aug. 24.-(P)-Only a
physicians approval was needed
Thursday for removal Of DR.. w. H.
Hedberg, st. Paul chiropractor charg-
ed with kidnapping and assault, to the
city Jail from his hospital room where
he lies suffering from minor injuries
and effects of drug.
He was accused in warrants served
Wednesday of kidnapping and assault
ing DR.. E. J. Engberg, ST. Paul physic-
ian.
The assault on Dr. Engberg, au-
thorities asserted, resulted when He'd
berg fancied he had been wronged by
the state medical examining board, of
which DR.. Engberg is secretary. DR..
Engberg was drugged when he re-
fused to perform mutilating opera
ton and was left in an automobile
parked on a railroad crossing where
it ras s,desTiped b. train His in
,uries were net serious.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-08-24
PLAN TO ENCOURAGE
CUT IN ACREAGE OF
COTTON SUGGESTED
Permanent Program For South.
ern Staple Considered BY
Farm Leaders

Washington, Aug. 24.-(P-A long
time program combining acreage re-
duction and a form of price guarantee
to the cotton growers is before Secre-
tary Wallace with prospects that its
principles will be accepted and the
plan announced about September /.
The program contemplates reduc-
ton Of next years acreage to around
$4,000 900. One Of It's most important
features would be an assurance of
parity price for that portion of the
average crop consumed in this coun-
try.
The parity price for cotton is the
price at which 1t must sell to have the
purchasing power it had from 1909 to
1914. At present, this Is estimated at
around Is cents, approximately five
cents above current farm prices.
Final approval of the plan, extend
ing this years emergency program, de-
Ponds upon the secretary of agricul-
ture and President Roosevelt, and 1t
may be radically revised. It's central
features have the approval Of farm
administration cotton experts and
many growers, so revisions to any
great extent are regarded as extreme.
ly unlikely.
Already Wallace has tentatively ap.
proved the reduction to 25,O0O,00(
acres. In return for this, the grower
would receive benefit payments on al
acreage basis as he did this year.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-08-24
TO ISSUE
100000 IN BONDS
IS UP FOR DECISION
Money Would Be Used to Fl.
nance Construction of New
High School Building
TOTAL COST IS s3s3,o0c
Government Would Stand Part
Of Outlay; $500 Fund
Already on Hand

Bismarck voters will ballot at a
special election on September IA on a.
proposal to issue 100000 in bonds to
finance construction of a new high
school building here.
Decision to present the issue to
capital citizens was announced Thurs
day by the city school board which
recently decided to urge construction
OF the school building as a part Of
the national public works program.
The total cost of the project, equip
ped and ready for use, was placed at
approximately 1888 900 of which S278,-
600 would be borne by the city and
SIoo,ooO by the federal government
under the public works act.
The school board has $4,000 in a
separate building fund, free from all
encumbrance, and this would be added
TO the proceeds of the proposed bond
Issue to make up the citys share. To
this the government would add 30 per
cent OF the total cost OF the building
as an outright gift.
The cost of the building alone is es-
tlmated at $3500OO and this is the
1igure on which the government would
donate 80 per cent or $1O500O. The
rest OF the total cost, or approximate
~ $33, 900 would be needed to equip
the building for school purposes,
school officials said.
Four Per Cent Interest
The bonds would bear four per
cent interest and would be sold to the
federal government. They would be
retlred IN 20 years. The state law
units school bond issues to that ma
turity, although the government is
willing to accept longer term bonds.
The school board plans to use the
present high school building as a jun
Tor high school and to use the Will
junior high school for a grade school
II the bond issue is approved, SUPER
lntendent H. o. Saxvik said,
1t Is estimated that this rearranee.
ment OF school facilities would take
care OF Bismarck's needs for the next
10 years and possibly longer, depend
ing on the increase in the city's school
population.
He said the operating cost of tho
city school system naturally would be
higher If another building is con-
structed since janitor service, lighting.
heating and similar items would have
to be met from the regular tax budget.
Provision also would have to be made
Tor paying the interest and retiring
the bonds.
The school board already owns a
site north Of the present high school
on which the proposed building would
be constructed.
Tentative plans for the building
were drawn several years ago when
a new high school building first was
proposed and it is expected that these
would be used as the basis for the
new structure.
Velva Voting Thursday
Velva was voting Thursday in tho
first of a series of elections which
will be held in many cities and vii
lagos in the effort to take part in the
public works program.
Other local special elections already
ordered include those at Dickinson
Continued on Page Two)
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-08-24
SLEEPING SICKNESS
DEATH TOLL BREAKS
ALL FORMER MARKS
Four More Die in. st. Louis as
Outbreaks Are Reported
-.se'-s.~~i In Nearby States -.

st. Louis, Aug. 24.-(R-As the toll
from the epidemic of sleeping sick
ness" reached ~ in this city and its
suburban communities, the puzzling
disease was reported in another bor-
dering state-Illinois.
Previously cases in Oklahoma and
Kansas, as well as other Missouri
towns, had been diagnosed as encep-
kalitis, as the disease is known In
medical circles. but the ones reported
during the last "a hours at Pekin and
Pleasant Hill, ILL.,, are the first known
IN that state during the current out
break.
The deaths Of four persons here
Wednesday was the greatest number
to succumb to the disease in one day
during the epidemic which took its
first victim July 30. Three more died
Thursday. It also surpassed the
number Of fatalities from the dis
ease in the Spokane, Wash, outbreak
II 1922 when nineteen lost their
lives.
Nine new cases have been reported
in st. Louis county and four in the
city of st. Louis. bringing the total
number since the epidemic started to
1877.
Federal, state and city medical ex-
perts are concentrating their investi-
CATION. in an attempt to find a cause
and cure on the possibility that in
sects are suspected as being possible
carriers of the infection.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-08-24
To Start Allotment
Work Here Next Week

Work OF organizing Burleigh county
farmers for participation In the wheat
allotment plan will begin next week
County Agent H. o. Putnam said
Thursday.
Putnam said he expects to call q
meeting of the county advisory COM
mittee for p. m, Saturday and q
schedule Of township meetings may
be arranged at that time. At these
meetings the allotment plan will be
explained and farmers will be giyer
an opportunity to sign up for 1t.
Putnam is preparing to send out
complete sets Of blanks to each farm
er in the county. These consist Of
an application for contract, the con-
tract itself, map Of the farm fol
which the allotment Is asked, thresh.
ermen's certificates for each Of the
three years In the base period and re.
ports Of production and disposal fol
each Of the three years. These art
necessary to compute the allotment
for each farm, he said.
Since considerable research Of his
records will be necessary ION the part
of each farmer, the committee Is ex.
pected to ask that they do this in ad-
vance Of the township meetings.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-08-24
Dry North Dakota
SWellS Beer Total

Fargo, N. D.. Aug. 24.-[R-Funds
in the federal Golfers have been
swelled $4,000 through the sale OF
federal beer and wine licenses in
North Dakota for the 1933-1934 fiscal
year which began July l. it was an
nounced Wednesday at the office OF
H. H. Perry, collector of internal rev.
anue for the state.
To date approximately 1000 retail
beer licenses, go wholesalers licenses
and 20 licenses to retail wines have
been issued 1t was said.
The retail beer licenses cost $40
per year; the beer wholesalers Ncen-
ses $50 year and the wine permits
$25 per year.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-08-24
JOHNSON AND AIDES
RULE OUT PHRASING
Of OPEN SHOP men
Union VS.. Non.Union Issue to Be
Ignored BY Recovery
Administration
OFFICIAL Statement MADE
Employers Expected to Accept
Decision and Work Out
Policies At Home
OFFICIAL Statement MADE.

Washington, Aug. 24.-(PeTwo
dominant industries, coal and auto
mobiles, Thursday faced the necessity
OF accepting NRA Malpractice codes
stripped Of phrasing designed to keep
their workers non-union, or of trying
to battle their way out of the indus
trial control fold.
Official opinion, supported by first
trade reactions, leaned to the view
that both industries, like steel before
them, would take the codes readily
enough and then seek to work out
their "open shop" policies with the
employees at home. But the phrase
open shop" had been elected by the
NRA together with the companion
CLOSED shop as words which "can-
not be written into the law"
This was done in an official state
ment, signed Jointly by Administra-
tor Hugh S. johnson and his General
Counsel Donald Richberg, which stated
that the industrial laws grant to la
Dor Of the right to organize and bar
gain collectively through representa-
tives Of their own choosing" cannot be
"circumscribed, affected or foreclosed
by anyone writing his own interpre-
tation into any code or agreement"
This statement was said to have the
official approval of William Green
president of the American Federation
Of Labor, and DR.. Leo Wolman, chair.
man of NRA's labor advisory board Of
which Green also is member.
Some Employers Satisfied
The Interpretation brought express.
ions Of satisfaction also from some
employers, although there was no i'm.
mediate promise that it would clear
the road to immediate acceptance o.
codes. In coal, particularly. the min.
imum wage question remained acute
so was the demand of the United Min.
Workers for insertion of check off
provisions by which union dues ar,
deducted from pay envelopes wher
the workers get them.
For automobiles the situation ap
peared smoother. There was a pos
sibility that once the il1dustrialist
were reconciled to scrapping their de-
mand for an open shop the agreement
could be fastened to President Roose.
welt for PRONUNCIATION.
In an address to the nation Wednes.
day night, johnson mainly appealed
to confidence as the one sure restorel
of prosperity. He reported more thar
a million and half voluntary Blu,
Eagle agreements have been signed
that they continue to pour in at mil
lion month rate, while practical!
the whole of American industry ane
commerce have submitted codes fol
public hearings"
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-08-24
TWO ENG|NEMEN ARE
KILLED WHEN TRAIN
GOES into STREAM
Flood Blamed For Mishap on
Southern Railway Line
Near Washington

washington. Aug. 24.-(P)-Two en-
ginemen went to their deaths. two
other persons were said by police to
have been killed. and at least Is were
injured early Thursday when the
Crescent Limited. crack Southern rail-
way train bound from New York tc
New Orleans. went through a bridge
just outside the capital at 3:45 a. m.
The train was crossing bridge over
the eastern branch of the Anacostia
river when the accident, apparently
caused by terrific rains and the swol-
len stream, occurred.
The engine dropped into the river
The mail car and a coach hurtled
over onto the far bank. A deadhead
car was entirely submerged and five
other cars toppled from the track
and trestle, some partially into the
water.
The last car on the train remained
upright on the far side of the stream
The terrific force of the impact
threw the engine onto its right side
burying it in the mud and submerg-
ing the operating cab.
A squad of ambulances and rescue
Il ain were rushed to the scene and
brought the injured to emergency
hospital here.
All of the cars were badly smashed
All Passengers Removed
DR.. Martin j. Keane. Riverdale
Nd. who took charge of the rescue
work, said all the passengers had been
removed.
After going over the wreck, the doc
! tor kicked in the window of the mail
car and there found two clerks calmly
sorting mail. even though badly shak-
en- up by the wreck.
One man, whose name was not as
certained, told the doctor after he had
been pulled from his berth that he
mad slept through the wreck and
Knew nothing of it until awakened by
the rescuers.
Eastern. Branch and all other
streams in Prince George county
Nd, were out of their banks all night
Rescue squads throughout the entire
county worked frantically getting peo-
pie out of their homes.
The derailment occurred along q
desolate stretch of track where water
poured along both sides OF the Penn
sylvania railroads double track right
Of way.
The Eastern Branch, which has
blocked the highways leading into
Washington from the northeast, was
tumbling along under the tracks at
an unusually high gauge as the limit
ed came onto the weakened struc-
ture.
One theory advanced as to the
kcause of the wreck was that dredging
la hundred yards or so below the
bridge. had permitted gravel around
the pilings to wash away and let them
go out.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-08-24
north DAKOTA GIRL
MISREPRESENTATION
ON ASSAULT CHARGE
Expects to Be Married and Dis.
likes Publicity Attending
Sensational Case

Chicago, Aug. 24.-(F-Polo again
claimed the attention Of its second
ranking ace, Cecil Smith, San An
tonic, Tex, Thursday after an Evans
ton nurse had dropped charges of
criminal assault against him.
In a letter delivered to authorities
last night by her father, DR.. r. T.
Rose, dentist of Cooperstown. N. D.,
Miss Eugenia Rose, %, the complain
art, said:
II do not wish to prosecute Mr..
Cecil Smith on the charge of rape. I
expect to be married and I do not
want any more publicity. will not
appear against Mr.. Smith and wish
you would therefore dismiss the case
at once"
The $1,000 bond Of the polo star
c'as cancelled and he left at once for
New York to practice for tourney
next month. He issued a statement
reiterating previous declaration that
the claim was preposterous" and
that he was "ready to meet it in court
at any time.
Father Brings Note
AS he brought the letter from his
daughter, DR.. Rose handed to Magis-
trate Willis B. Brightmire of Evanston
an Identification card and said:
II am Miss Roses father. My
daughter is much distressed by this
affair and the publicity. She wants
TO drop it,"
At Evanston it was reported that
Miss Rose planned to return to live
with her father in Cooperstown. Her
father is past president of the North
Dakota Dental association, director
in bank there and the owner of a
large ranch.
The possibility that perjury
charge might be brought against Miss
Rose was voiced by Assistant States
Attorney Eugene Wachoski, whom the
nurse had consulted concerning the
prosecution of the polo player.
Wachowski said:
miss Rose still has until p. m
Friday to appear against Smith, but
If she is not present we shall start an
inquiry to determine whether perjury
or defamation of character has been
committed. Since she swore to an af-
fidavit and signed complaint she
has persistently avoided this office,
which must prosecute her case"
Magistrate Brightmire issued q
subpoena Thursday for Miss Rose to
assure her presence when the case is
called Friday. He said the state
must determine whether the charges
will be dropped.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-08-24
600 Trapshooters in
Big Handicap Event

vandalia, O., Aug. 24.-(P-More
than 600 faced the firing line Thurs
day for the worlds second richest
trapshooting event, the preliminary
handicap fired annually before the
blue ribbon classic of the year, the
Grand American.
Shooters from every state in the
union, IL from the Canal Zone and
four from Canada sought the $4,000
cash offered the high guns on 100
single targets at is to IL yards rise.
H. G. Krout Of Maryland Line, Nd,
Wednesday won the class A title with
a score of 1913.