davidaulloa/AmericanStories huggingface dataset:
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-04-20
TENNESSEE VALLEY
MEASURE FINISHED
Scope Limited to Meet Republic
can Objections; to Urge
Passage Saturday

Washington. April 20.-(P)-Presi.
dent Roosevelt's program for devel-
opment of the Tennessee river val
ley. Its scope limited to meet Repub-
lican objections, was ready Thursday
for introduction in the house. where
1t will be pressed for passage Satur-
day.
The military committee gave its
approval Wednesday night to the bill
which would create Tennessee val
ley authority to operate the giant
Muscle Shoals power and nitrate
plant, and build the Cove Greek dam
on the Clinch river In Tennessee.
The main limitations written into
the bill would require the govern
ment corporation first to try to lease,
purchase or condemn existing electric
transmission lines before building its
own as originally proposed: to lease
the Shoals nitrate plants and oper-
ate them only II the leasing fails
after an 1s-month period: and re-
quire either the corporation or the
lessee to produce 10000 tons Of nitro
genous plant food for the first three
years.
The bill which was approved BY
the committee In . Is to 8 strictly
partisan vote, would appropriate &c.
100000 out Of the treasury to start
the project, and authorizes the cor
poration to sen 100000 900 worth Of
bonds.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-04-20
SUPERINTENDENTSIN
. DICKINSON Meeting
A. Z. Thompson Tells How Sal
aries OF Teachers Have
Been Slashed

Dickinson. N. D.. April 2o.-(R-
Teachers salaries, although compos-
ing only half OF the states school
costs, have taken the biggest slash In
the educational retrenchment pro-
gram Of the state, Arthur z. Thomp-
son. state superintendent Of the pub
lie instruction. told county superin-
tendents Of southwestern North Da-
kota who concluded their annual con-
ference here Wednesday.
OF $4,000 900 spent for North Da-
kota education In 1880, about $780,
600 was for salaries. This Is not ex-
cessive. the superintendent stated.
pointing out that more than three
times Is much was spent for auto
mobiles. He said the average cost
per pupil In North Dakota was 373.07
compared to $S6.53 In the United
States q . whole.
Superintendent attending repre-
Sented Il counties. They were John
w. Wantland, Golden Valley: H. O.
Pippin, Stark; Curtis B. jenkins, EN-
mons: Miss Ruth Matthews. Kidder:
Miss Vida Sebastian. Grant; Mrs.
Lorene York, Dunn: Mira. Anna
Brown, Billings: Mrs. Agnes Thomp-
son. Adams. r. G. Stubs. Center: r.
b. Rosenthal. Bowman. Miss Mildred
Lane, Hettinger: Miss Clara Brown,
slope: Jack Reidel, Mercer: and r..
B. Murphy. deputy state superintend-
ent.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-04-20

fore its executive committee, request
ing the Communication. because Of fear
that Soviet citizens would interpre.
such action as q surrender to British
intimidation.
Moscow dispatches said unofficial
circles in the Soviet capital had ex-
pressed fear the embargo would de-
prive the union Of 80 much revenue It
might find itself unable to meet for
eign obligations which It has prided
itself in paying on time and In full.
The two Britons held in Moscow
are L. g. Thornton. starting . three
year prison term. and william Mac
Donald, sentenced to two years. Their
four associates and co-defendantS in
the trial, which ended early Wednes-
day, are expected In London Sunday,
three Of them leaving Russia under
order Of Soviet authorities.
The chiefs Of the Soviet Russian
trade delegation to London were re-
called to Moscow Thursday "for con-
sultation" and will start for home
Monday.
Asked II there was any question Of
the delegation not returning to Lon
don. q soviet official said:
"All I can say ct present Il that the
delegation Is going home to make .
reports not unusual thing from time
to time"
while the negotiations between
London and Moscow over the sabotage
case were going on the British gov
eminent called home it, Russian am.
bassador for person discussions con-
corning It. and he has not since re-
turned.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-04-20
Group Meetings Of
Bankers Arranged

Fargo, N. D., Apr. 20.-(R.Dates for
group gatherings Of the North pako-
to Bankers association were .announc-
ed Wednesday BY o. G. Wattam, FAR
70, state secretary Of the association.
Wattan expects to attend the four
meetings ct which viii b discussed
problems at present confronting the
North Dakota bankers. They are .
prelude to tho state convention, which
Is to be conducted later Ia the sum.
iner ct Valley City. No date tor the
state meeting has been fixed.
A joint meeting Of the east and
west Missouri slope districts = sched-
uled for May = ct Beach: tho north
west group = q lGinot May -: tho
northeast group ct Grand Forks May
70. and tho southeast and Fargo
groups 1t Fargo May II.
District presidents win preside 1t
each Of the meetings.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-04-20
Deficit This Year
Is Billion and Half

Washington, April 3o.-(R,-Witl;
economies and governmental changes
In progress designed to even the na-
tons outgo and income columns, the
deficit for the present fiscal year has
crept above the billion and . half
marx.
The treasury statement for April 70
allowed that On that date the govern
ment had spent 4l.5os. s46SsS more
since last July than It had collected.
It's income from Ill sources amounted
to 4l.5os.325, ssl and is expenses to-
taxed ts.lo2.l72,57o. On April II. the
deficit was Il. $50.
The statement showed . continued
decline IN income tax receipts with =
total for the fiscal year Of $50. ooo. 7oe
- compared with 63,6ll ,050 IN the
same period = year ago.
Few q the economies have yet gone
into effect or win have any oppogtun-
ity TO make themselves felt during the
present fiscal yeAr.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-04-20
u. S. Aba1,dO11s Gold to
Launch Bold PROGRAM
J. P. Morgan Endorses Plan Of
Fighting Deflation BY EN-.
barge on Metal

New York. April 20. - lF - Uncle
Sam was launched upon a bold pro-
gram Thursday to replenish his pock-
ctbook with managed dollars, temper
arily cut loose from gold.
The fateful step Of going off the
gold standard" frankly was taken.
Before this announcement was
made by Treasury Secretary Woodin,
dollars had declined some 10 per cent
In terms Of principal European gold
currencies, and prices Of stocks and
speculative commodities surged up
ward.
Not since redemption of paper cur
rency in gold had been resumed in
1879 had the United States officially
announced itself off the gold STAN
dard, although an embargo on gold
exports had been in effect for time
during the World war.
While much confusion developed in
high financial quarters as to the i'm
port Of this momentous step, j. p.
Morgan In one Of his infrequent pub
lie statements. Endorsed the new i'm
position Of q definite embargo on gold
saying: 1T seems to me clear
that the way out Of the depression Is
to combat and overcome the della
tionary forces"
The embarking upon a managed
currency program by the United
States was an unprecedented step for
q major country. Others. notably
Great Britain. have abandoned the
gold standard under pressure Of heavy
foreign Withdrawals.
In Favorable Position
But the United States, with its huge
supply Of gold now under government
and its favorable balance Of
trade, was In q position, according to
financial authorities, to keep its cur
rency close to its gold parity had 1t
desired.
The suspension of the gold standard
was undertaken deliberately to de-
crease the purchasing power Of the
dollar. In an effort to increase prices
and to bring the economic structure
back into q working balance.
The gold standard, as commonly de-
Continued on Page Twol
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-04-20

lar by international agreement or
otherwise.
Armed with this power the presi-
dent is confident Of carrying on with
in reasonable limits the inflationary
process begun Wednesday In taking
the nation off the gold standard In
world trade.
The authority was viewed as plac-
ing in Roosevelt's hands the useful
weapon he wants In the fast ap-
economic negotiations with
foreign nations to bring about . sta
bilization Of world currency on q
revised gold standard.
As Wednesdays rising stock and
commodity prices were noted In con-
gressional circles. there appeared to
be general wave Of support for
Roosevelt in his determination to
take full control In both the domestic
and international aspects Of the
problem.
Another administration attack on
influences was tn full
swing Thursday ct the treasury,
where the governors Of the federal
reserve banks were continuing their
conference on means Of reopeuing
the thousands Of closed banks In the
country. The main question In.
volved. Woodin said. WAS the col
lateral the hanks codld offer to 70.
serve banks for currency.
Enthused over results Of the move.
ment. congressional iuflationists ar
gued IN interviews that the net result
would be to make unnecessary the
Roosevelt proposals for reflnancing q
Iarm and home mortgages.
Easier money conditions would
make this unnecessary. tl1sy con-
tended.
While the president worked With
his advisers 1t the white houGe %
Imooth out constitutional difklculties,
Senator Thomas at the capitc1 r0voa1-
I'd his view that the impendipg pco-
posal would SOLVE every prcale@ 9
far - the money qtaootion = 60
cerned" and b e tsemen6ons ho0he1e
b bargain with torelen po1ogo -
uniform m0nay systenk
At the treasury. intenaive staa1 n
how 900 cloeo6 hon,n q IL nG1ioo
can b AIDED n reopsn1ng ~ ooaRlon
"a BY Secretary Woodln ana 49,.
nors q the u federal reoeevo honna
1ocuanne0 - paoo oUSGnA
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-04-20
CHICAGO, new YORK
MARKETS SWAMPED
WITHBUY|NCD ELUCE
Wheat Bid Up 3 Cents and More
a Bushe|; Purchasing Is
Enormous
OTHER CEREALS FOLLOW
Securities Go Up 81 to So a
Share, Adding Billions to
Values

New York, April 2o.-R)-Deluged
with buying orders. commodity and
stock markets swirled upward with
sensational activity Thursday as the
nation sought to adjust itself to the
prospect of controlled initiation"
after more than three Furnishing
years of decline.
Billions were added to the quoted
values Of stocks and staples.
Wall Streets excitement amid the
confusion that attended an uproari-
Gus rise of 81 to % in shares was
matched on the Chicago board Of
trade, where wheat was bid up 3
cents and more bushel.
Cotton at New York scared $3.50
bale, silver futures 2 to 3 cents an
ounce. Rubber, coffee, sugar, copper.
lead, hides and other basic raw ma
terials of trade and commerce joined
the procession.
Trading on the New York stock
exchange was the widest since the
palmy days Of 1929, and the high
speed tickers, geared to handle $780,
000-share days, dropped nearly half
an hour behind actual business on
the floor.
The rush to buy at opening time
was SO great that orders were Jumped
into huge blocks.
Reacting now and then under
profit-taking, the market zoomed
along at terrific clip. U. s. Steel
common at one time was selling at
$44.50. up $3.50. Corn Products Re-
filming jumped 1862 at the opening
to q price Of 81, while scores Of is
sues. particularly metals, jumped 81
to 81.
Customers rooms of brokerage
houses were jammed, while the trad
ing pits Of the commodity markets
presented scenes Of high-pitched ex.
element as traders sought to execute
orders.
Meanwhile, the dollar, officially off
the gold standard at least for pur-
poses of international trade, was SUBJ
ject to violent fluctuations in the
foreign exchange market. Sterling
jumped 20 cents to the pound while
the gold currencies of Holland, Swift
1erland and Belgium advanced
broadly.
Speculative bonds joined the rise
II stocks and commodities, but gilt
edge loans again slumped.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-04-20
Bank Holdup Report
Result Of Mistakes

Wahpeton, N. D., April 2o.-lR
"A slip Of . foot, climaxed by .
slip" In to much activity in dis
seminating information, caused
Wahpeton and southern North
Dakota uneasy hours Thursday
morning.
Il Ill came about when IN en-.
ploye Of the Wahpeton National
bank inadvertently stepped On the
burglar alarm. tt warning jangle
transmitted to the Richland
county sheriffs office. sent Off.
cers speeding to the hank, while
IN office attache called the. FAR
60 police department and the
Fargo radio station to broadcast
the news the bank had been
robbed.
Explanation and correction fol-
lowed.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-04-20
LANCER and Burdick
To Speak at Finley

Finley. N. D., April 30.-lR-0ov.
william LANCER and Usher L. Bur.
dick, president Of the North Dakota
Farm Holiday association, were
scheduled to speak here at Z p. n.
Thursday before the Steele county
unit Of the holiday association.
T. A. Devlin. president Of the Steele
county unit, was TO preside.
The governors address viii be given
in the home town Of State Senator
NelS 6imonson Of Steele. 0riggs coun-
ties, who has been leading . move
ment for referendum Of the sales tax
bin enacted BY the recent legislature.
The governor, In recent speeches, has
defended the sales tax 6 necessary
TO assist In protecting the credit Of
the state.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-04-20
Lembke to Complete
Unexpired Pugh Tern,

Judge Frank T. Lembke. Hettinger,
Thursday was named by Governor
william LANCER TO FIJI out the unex.
pired four.year term Of the late
Judge Thomas II. Push In the sixth
judicial district.
Judge Iembke, elected In the No.
vember election to serve . two.year
term beginning last JAN, :, handed
n his resignation to the governor,
after which he received the four
year appointment, which win run
until Jan. !, 1887.
Judge Pughs unexpired term has
remained untitled. With Judge
Lembke appointed TO the term. . ".
cancy now exists In the two.year
term 70 which Lembke was elected.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-04-20
THREE-POINT PLAN
FOR IMITATION SET
FOR PRESENTATION
Would Give President Roosevelt
Authority to Start Under
New System
QUICK ACTION IN PROSPECT
Foreign Nations Mark .Tims
Following Abandonment Of
Gold Standard Hers

Washington, April O.-@-k
three-point measure giving President
Roosevelt complete authority 10 start
the United States, now off thu gold
standard, on . policy Of controlled
initiation was whipped into shape
Thursday with the chief executives
approval.
The legislation was outlined In
general form at . white house con-
ference Wednesday night and SenA-
tor Thomas Dem., Okla.), the spon-
sor, probably will introduce 1t Thurs
day as an amendment to the admin
stration's farm bill pending In the
senate. Thus quick action was In
prospect.
The broad grant Of authority pro-
posed in the Thomas bill would give
the president power to undertake tn
flation by any one Of these methods:
Issuance Of new currency; acceptance
Of silver In payment for war debts;
decrease the gold content Of the dol
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-04-20
HELP FROM
FRENCHMAN
IN GOLD SITUATION
Arrival Of Prime Minister Mac.
Donald and Former Prem
Ter Herriot Awaited

Washington, April 20.-lF-World
attention centered more than ever on
Washington Thursday rs two Of the
old worlds foremost statesmen ap-
preached Americas shores for history
making talks with President Roose-
welt who only Wednesday changed the
whole economic picture by Withdraw
Ing support OF the dollar on foreign
exchanged
New significance was attached to
the coming Of Prime Minister Ramsay
Macdonald Of Great Britain and for
mer Premier Edouard Herriot Of
France as result Of the American
action which Secretary Woodin Of the
treasury described as taking the
United States off the gold standard.
The answer to the question Of how
soon and on what terms this country
might again adhere to a revised inter-
national gold standard was believed
by many officials to be bound up in
the outcome Of the quiet talks to be
held between the president and his
distinguished visitors in the next few
days. Macdonald arrives Friday.
Few here professed TO see all the as
poets and possible results Of President
Roosevelt's sudden move, but among
the effects was listed q definite step
toward the establishment Of a gold
standard to which national currencieS
could be attached at new PARTIES
based on present conditions and
valueA
From the white house came the
word that the dollar would be allowed
to find its own level internationally
since this was seen in some quarters
as q necessary preliminary to estab-
lishment Of the dollar at new parity
eventually.
Currency sterilization held . prime
position among the matters to be dis
cussed with Macdonald, Herriot ana
the distinguished representatives Of
nine other nations who win follow In
rapid order, but all aspects Of the
worlds economic plight were sched-
uled for consideration.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-04-20
Wylie Disappointed by
Lower Appropriations

Grafton, N. D., April 20.-(ReDr
A. r. T. Wylie. said Thursday he Il
retiring as superintendent Of the in
stitute for the feeble minded here be-
cause sharp reductions In appropria-
lions for operating the institution
will make 1t impossible to carry
along on the same basis on which II
has been developed"
The board Of administration We'd
nesday announced DR.. James p. Ay-
len, Fargo. will replace Dr.. Wylie on
or before July !.
Asked why he Is retiring, DR.. Wyhe
said after having spent 25 years In
building up our institution ct Graf
ton our appropriation was 20 severely
cut that It win be impossible to carry
along on the same basis on which It
has been developed"
About all that I have gotten out
Of my life work here" he added, ~
my reputation and do not care to
injure that BY running = second-class
institution. Consequently think It
best TO retire."
He said he probably will 60 east to
enter into . consultation practice In
his special work.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-04-20
EMBARGO TO ALTER
RUSSIAN LEN|ENCY
Soviet Would Avoid Any Action
limiting At Intimidation
BY British

London, April 2o.-(PEThe Russian
ambassador was reported Thursday to
have informed the British government
that its embargo proclamation has
made 1t difficult for leniency to be
shown the imprisoned British engi-
neerS in Moscow.
The hope was strong here that SEN
fences imposed on the two Britons for
alleged sabotage and espionage &C
tivities will be committed to deporta-
ton. In that event. 1t was expected
that the embargo on 30 per cent Of
imports, effective next We'd
nesday, would be revoked.
On the other hand there was sug-
gestion that the Soviet republic would
hesitate to grant the petition now be-
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-04-20
QUICK PASSAGE OF
AGRICULTURE BILL
OBJECT OF LEADERS
Peanuts Eliminated From List
OF Items to Be Benefited
In New Plan
INITIATION RIDER IS READY
Sugar Attack and Voting on 1s
or 20 Other Amendments
Among Obstacles

Washington, April 20.-(R-Demo-
cratic leaders hoped to remove sugar
from the administrations farm relief
bill and rush It to q final vote In the
senate Thursday, but the expected Of
fering Of controlled inflation
amendment was seen as upsetting
their plans.
Senator Thomas tDem., okla.), in
flation advocate. had an amendment
giving President Roosevelt broad
powers to launch the nation on .
controlled initiation policy which 1t
was understood he would propose
Thursday as q rider to the farm bill.
Thomas legislation was approved in
general form ct q white house con-
ference last night.
The fight OF the administration
forces to confine the price-lifting
benefits Of the farm measure to the
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-04-20
n. D. CREAMERY BODY
TO AID STATE DAIRY
OFFICE FINANCIALLY
Action Follows Veto Of Depart.
ment Appropriations BY
Governor LANCER
ADOPT ASSESSMENT PLAN
Speakers Condemn Veto, Which
They Say Aided Gen.
\ tralizsr' Companies
ADOPT ASSESSMENT PLAN

McClusky, N. D., April 20.-(R,-
The North Dakota Local Creamery
association voted unanimously at its
convention here Thursday to extend
financial support to the state dairy
department to maintain 1t In opera
ton despite the veto Of Governor
william LANCER of all items in the
dairy department budget, with the
exception Of the dairy commission
er's salary.
Representatives of some % local
and cooperative creameries In the
state pledged themselves to contrib
ute In proportion to the amount Of
butter manufactured during the next
two years, beginning May /.
The rate Of assessment Is deter
mined Thursday was $3.50 per month
for creameries manufacturing 100000
pounds Of butter per year, and $3.50
per month additional for each l00,-
900 pounds yearly.
The governors action In vetoing
dairy department appropriations was
reviewed by Commissioner Of Agri-
culture and Labor John HUSKY, and
condemned In expressions by MEM
bers from the floor Of the convention.
HUSKY Is secretary Of the association.
It was indicated that formal ex-
preston Of opinion on the veto would
be made in resolutions to be adopted
later In the day.
The association supported Husby's
contention that the veto Of the dairy
department appropriations acts to
put the small local creamery at the
mercy Of the so-called ''centralizers."
Contributions to the department,
1t was explained. will be made in the
expectation that 1t will aid to pro-
tect the creameries from unfair COM
netiti0n
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-04-20
.IMPERIALISTS' dashed

Moscow. April 20.-(R)-As the
clouds of economic war darkened
the horizon. Izvestia, official
Soviet organ. dashed out Thursday
at British Imperialists." It &C
cused them Of attempting to use
the recent sabotage trial OF British
engineers to promote an empire
trade program laid down at the
Imperial conference at Ottawa
last year.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-04-20
Northwest SOlOns
Against Peanuts

Washington. April 20.-(R-An
northwest senators who voted on
the question recorded themselves
Wednesday for elimination Of
peanuts from the farm relief bill.
The elimination, by . 43 to 80
vote, was considered 4 victory for
those seeking to limit the products
to be dealt with under the meas
ure.
Voting aye were Schall and
shipstead Of Minnesota, Nye and
Frazier Of North Dakota, Bulow OF
South Dakota, Duffy and LaFol-
lette Of Wisconsin and Erickson Of
Montana.
Norbeck Of South Dakota and
Wheeler Of Montana were not re.
corded.