davidaulloa/AmericanStories huggingface dataset:
Evening star., 1933-03-12
DICTATORlAL CONTROL
IS URGED IN GEORGIA
Governor Asked to Sign Special
Legislation Under Plan to
Reopen Banks.
By the Associated Press.

BY the Associated Press.
ATLANTA, March 11-A mass meet
ing of Georgia bankers and business
men here today adopted plan tor
reopenlng State banks on a limited
withdrawal basis at the end Of the
Gov. Talmadge to sign legislation for
dictatorial control.
The plan for reopening was advanced
by r. E. Gormley, State superintendent
Of banks. It proposed that withdrawal
Of deposits be limited to 5 per cent
for a period of 80 days. After that
the percentage of Withdrawals would
not be uniform, but would be governed
individually by the conditions Of re-
spective banks as determined by the
Evening star., 1933-03-12
ROOSEVELT PROGRAM
IS BACKED BY SMOOT
Urges Far-Reaching Authority for
President on Return to Salt
Lake City.
By the Associated Press.

by Clle ASSUCIdteu FIeSS.
SALT LAKE CITY, March IL
Reed Smoot, for 80 years Senator
from Utah, came home today, a private
citizen, warm in his Endorsement Of
President Roosevelt's program involving
dictatorial powers and stringent Gov
errment economy
I'VE are in a war against the eco
nomic conditions of the world" he said
in a newspaper interview. "The Presi-
dent must have far-reaching authority"
Smoot reiterated previous statements
that he will devote himself to his
duties as a member Of the IL apostles
of the Latter Day Saints Church and
his personal affairs.
II have had numerous offers Of $685.
000-a-year positions, but I'm through
with the East" he asserted.
Evening star., 1933-03-12
RETAILERS HOPEFUL.
ION TRADE OUTLOOK
Department Store Heads Cite
Good Business Despite
Bank Holiday.

Encouraged by the trend Of business
during the last week In the face Of the
banking holiday, Washington retailers
awaited with optimism the resumption
Of trade under more normal circum-
stances this week.
The unfavorable trading conditions
of the last week In some instances pre-
cipitated q decline In the volume Of
sales, a number Of merchants admitted.
But business held up remarkably well,
they said, taking into consideration the
adversities. In one or two cases de-
crease In daily business, comparing Ger
tain days Of the week with correspond
ing periods Of q year ago.
Leading department stores reported
yesterday they paid all pay rolls IN
cash. Business houses which had laid
plans for the usual Spring sales OF
merchandise announced no deviation
from these plans.
Result Is Surprising.
w. w. Everett, vice president and
rop, said: I'VE were gratified and
pleased over the way business continued
In spite of adverse conditions. II We
had been told a year ago business
would have gone on as well as It has
with all the banks in the city closed,
we would have thought the prediction
too optimistic. We expect this week
will bring the re-opening Of the banks
and resumption Of normal business. "
A. c. Case, vice president and gen
eral manager Of the Palais Royal, said: ::
Business has been surprisingly good.
am sure it will increase during the
coming week"
The turnover at the s. Kann Sons
president, said, has shown an increase
during the last week over the corre-
spending week Of 1892. Additional de-
partments have been added to the store
since last year.
Ralph Goldsmith, general manager
of Lansburgh & Bro. department store,
said: I'VE have enjoyed very sattsfac-
tory business during the last week. It
has, in fact, been quite encouraging.
We expect considerable Improvement
as soon as the banks reopen"
Harry Ullman, general manager Of
Goldenberg's department store, asserted:
Business in the last week has been
far above our expectations. The out
look for the future, from our stand
point, is a cheerful one. The opening
of new accounts has exceeded In num-
ber the total for any like period pre-
viously."
New Accounts Opened.
Frank r. Jelleff, president Of the firm
of Frank r. Jelleff, Inc, declared busi-
ness at his store has been good this
week. MANY new accounts have been
opened" Mr.. Jellen said, "and we are
hopeful for favorable conditions In the
near future"
Phillip King, ST., member OF the hrm
of Kings Palace, said: Business pro-
gressed at q normal rate during the
past week. The reopening Of the banks
should see marked additional activities
In the stores"
The Hecht Co. reported 80 per cent
increase in business Friday, the opening
day of the anniversary sale, as COM
pared with the opening day Of similar
sale year ago. up till Thursday we
held our own with last year." Charles
B. Dulcan, ST., vice president and gen.
eral merchandise manager, declared.
Evening star., 1933-03-12
Financiers Laud Bank Bill
Drastic Provision, for, Strong Central Power and
Segregation Of Insolyent institutions Regarded
Z ah.:' as Forward Steps.

gate sound banking institutions from
unsound ones. This is essential, II con-
fidence Is to be re-established in our
banking system No matter what the
ultimate form Of reorganization Of our
banking system may be, 1t would be a
serious mistake to permit a single un-
sound bank to reopen, for the subsequent
closing Of any such institution would
again start the same vicious circle Of
bank runs. The President undoubtedly
has this In mind, and he Is acting with
a courage, decision and speed which Is
refreshing and most reassuring."
william H. Gray, jr., president Of the
Central Hanover Bank & Trust Co.
1.-The prompt action Of the administra-
ton squarely meets existing conditions.
It Is sound and constructive. It pro-
vides q solid foundation for the re-
covery Of business"
Evening star., 1933-03-12
|. o. O. F. H0N0RS FOUR,
MEMBERS so YEARS
Lodge at Lisbon Holds Public
Ceremony-Books Of Order
Given to Quartet.
,pecial Dispatch to The Star.

Special Dispatch to The Star.
MOUNT AIRY, Md, March 11.-Four
men who have been members of RAIN
bow Lodge, No. 76, Independent Order
Of Odd Fellows, of Lisbon, more than
so years, last night were guests of
honor at public ceremony held In the
upper Howard County town. They were
John Joseph Fleming, member for
81 years; Vernon Fowler, 56 years;
Joseph Shipley. 81 years and Someryille
Condor, 50 years.
C: G. Lanman. deputy grand master
OF the Grand Lodge Of Maryland, pre-
sented the four honor guests books of
the order. Grand Secretary w. @. Jones
o. BALTIMORE also Spoks.
Evening star., 1933-03-12
stitutions to buy United States securi-

The larger banks of New York City
and Chicago yesterday made provisions
under which firms could meet pay rolls
and otherwise gave latitude to trans
actions regarded as necessary.
Chicago banks gave employers access
to IS per cent Of their pay roll ac-
counts, while some In New York made
no percentage restrictions.
Applications for reopening licenses
continued to pour into the Federal Re-
serve banks. In addition, there were
hundreds Of petitions for Reserve MEM
Federal Reserve officials notified all
member banks that they make appli-
cation for reopening. Under the system
In effect the member banks made ap-
plication in their Reserve bank.
The Treasury Department announced
It would decide on all applications, the
decisions to be relayed to the banks
by the Federal Reserve.
Gold Re-Deposited.
In the District yesterday gold was still
being re-deposited In large amounts, fol-
lowing the request from Gov. George ].
Seay Of the Richmond Federal Reserve
Bank, for all member banks to forward
to the Richmond ONCE as soon as pos
sible after March 13, list Of the names.
and addresses OF persons who have with
drawn gold since February / and have
not re-deposited 1t on or before March
Is, 1888. Where possible the amount
Of gold, or gold certificates, is requested
by the governor Of the Richmond bank.
The return Of gold by Washington
citizens during the past week has been
one Of the special sidelights In the local
banking situation The same inflox of
the yellow metal has taken place else
where until millions In gold coin has
found it, way back to the Treasury to
be used aS the basis for the present ex-
pansion Of the currency.
Bank Hobbies were the busiest yester-
day that they were on any day since
the holiday started. Bankers said de-
mands for the week end caused q mark
ed increase in, the demand for the So
called distress bmoney." Yet very few
depositors tried to get more than their
ahaxs of The permitted wtthdrswals.
Evening star., 1933-03-12
BANK HOLIDAY EXTENDED.
Mississippi Superintendent Issues
Decree to March 10.

JACKSON, Miss, March II R.-A
new decree extending the bank holiday
in Mississippi through March 1S, was
issued tonight by, ]. s. Love, State
superintendent Of banks. 70.
The 217 State banks will be COM
PEELED to adhere to the new decree and
most of the "a national banks, Love
said, are expected to follow the policy
laid down by the banking department.
Evening star., 1933-03-12

The Impression President Roose-
pelt's banking legislation made upon
men eminent In business and finance
Is sho,pn by the following erpres-
stons OF opinions collected by The
Star and the North American NeDs-
paper Alliance.
Evening star., 1933-03-12
Florida Banks to Open.

TALLAHASSEE, Fla, March II up.
Gov. Dave Sholtz and Controller j.
M. Lee today announced plan for
reopening all State banks in Florida
early next week and allowing banks to
nay dtnositors maximum Of 5 per
cent on their deposits in cash and Is
ner cent In scrip.
Evening star., 1933-03-12
Learning to Write at SO.

Mrs. 8. M. Eastman Of Oregon City,
Oreg., celebrated her eighty third birth
day anniversary by starting to learn to
write. Two neighbor girls. aged Z and 8.
ere her teAcheTx
Evening star., 1933-03-12
ST. LOUIS RECEIPTS LARGE.
$1,Is0,47o Total Of Gold Returned to
Rankx

ST. LOUIS, March II R.-Gold in
increasing volume continued to now
back into vaults Of the Eighth District
Federal Reserve Bank today.
Receipts totaled $1,190,470 Of which
$540. 900 was deposited by st. Louisans.
During the past three days the
Federal Reserve Bank here and its
branches In Little Rock, Memphis and
Louisville have received gold deposits
totaling $2,506.470. In, the flve days
before the banking holtQhy, Withdrawals
totalsd $1,000, 900, Of which nearly
u. 900 was taken by st. Lnuisans,
Evening star., 1933-03-12
CLEVELAND FLOW HEAVY.
$l,o3l,000 in Gold and Certificates
Turned in at Rank.

CLEVELAND. March II R.-A total
OF $1,031 900 In gold and gold certifi-
Gates was turned In at the Federal Re-
serve Bank here and at its Cincinnati
and Pittsburgh branches today, officials
said.
Yesterday $1,750,0o0 Of the yellow
metal was brought back by hoarders
Receipts Tor preceding days were not
available.
Evening star., 1933-03-12
GOLD BEING RETURNED
One Citizen Brings $4,000 Into
Richmond Bank.

RICHMOND, Va, March II R.-
Gold and gold currency continued to
pour into the Golfers of Richmond
banks today in the face Of the new
anti-hoarding law
One citizen brought 10000 in gold
coin to one bank and another brought
$4,000.
The majority were bringing In gold
in small amounts.
Evening star., 1933-03-12
ST. LOUIS.


william H. Danforth, chairman of
board. Ralston Purina Co.. member Of
board, New York Life Insurance Co.
Emergency legislation Is imperative at
the moment. With every confidence
We have In our President at this time,
prompt, decisive emergency legislation
such as this will put us on the upgrade
The bill will restore confidence and pre-
vent destructive boarding, and these
conditions are fundamental to economic
revival"
Frederick d. Gardner, industrialist
and wartime Governor Of Missouri
I'VE are moving on the road to re-
covery. This bill should re-establish
confidence in our banks and remove
the dead weight Of fear that has been
growing and sitting business activity.
Our banks, which I believe are essen
TALLY sound. will soon reopen under
conditions that will leave no question
In the minds Of our people as to their
solvency. Business then will pick up,
and I believe will gradually improve
from that point"
(Copyright, 1893, BY North American News
paper Alliance. lncD
Evening star., 1933-03-12
BOSTON.

Frederic S. Snyder, president Of the
Boston Chamber of Commerce, said:
80 far as I have learned the details,
President Roosevelt'S emergency bank
bill appears to be sound, practicable,
feasible and adapted to the present
emergency"
Evening star., 1933-03-12
PHILADELPHIA.

Paul Thompson, president, Corn Ex-
change National Bank & Trust Co.
I'VE need q boss. thoroughly approve
OF President Roosevelt's plan. It is
time for our country to get behind our
leader. When the country realizes there
Is a strong central authority, 1t will do
much to restore confidence"
Walter X. Hardt, president, Integrity
Trust Cot think President Roose-
velt's idea Of making additional assets
of banks available for issuance Of cur
rency is the desirable feature Of his
Howard A. Loeb, chairman Of board,
Tradesmen's National Bank & Trust Co.
THE ideas contained In President
Roosevelt's message are very good. Hav-
ing selected him for leadership, we
should give him all the power he de-
sires to achieve the result for which
he strives"
Evening star., 1933-03-12
VIEW YORK,

NEW YORK.
Elisha Walker, partner, Kuhn, Loeb &
Cot have not yet had time to study
in detail the provisions Of the proposed
new law. The important thing. how
ever, is to have the banks reopen as
promptly as possible In all cases where
they are sound and solvent. With an
issue OF new currency under control
of the Federal Reserve Bank and under
the rules promulgated by the Federal
sured that they will be properly safe
guarded"
James e. Perkins, chairman Of the
board Of the National City Bank-"The
Presidents plan seems to me sound and
forward-lo looking.
James G. Blaine, president Of the
Marine Midland Trust Co-"President
Roosevelt's emergency bank bill will
command the undivided support Of the
entire country. It Is conservative, sound
and constructive"
]. Stewart Baker, chairman Of the
board of the Bank Of the Manhattan
Cot think it is fine thing that
the President and the new admins
all such schemes as Government guar
antee Of deposits and have refused
permission for the issuance Of miscel-
lanecus clearing house scrip. It Is q
great achievement to have devised the
means within the normal note issuing
machinery for meeting any demands for
currency. The Governments plans, so
far as know them, are courageous and
realistic and deserve the fullest pos
sible support. With leadership such as
this. it should not take US long to sur
mount our present dificulties."
Samuel H. Golding. chairman Of the
Sterling National Bank e. Trust Co.-"A
hurried consideration Of the new bill
indicates a purpose to promptly segre-
Evening star., 1933-03-12
LOUISVILLE.

John T. Moore, manager Of local
branch of Federal Reserve Bank
Everybody is responding nicely to
President Roosevelts plan"
Withdrawals in gold coin and gold
certificates during the first three days
of March amounted to $292. 400, while
the returns in gold and gold certificates
during the last three days have reached
$298,000.
Evening star., 1933-03-12
Guarantee Fund Proposed.

Chairman Fletcher Of the Banking
Committee proposed a bill to set up
$500 900 900 fund for the guarantee Of
bank deposits. The fund would be Gre
ated by an original appropriation Of
$l00, 900 900 and supplemented by as
sessing ali deposits cents tor each 500
each quarter.
senator Adams, Democrat, Of Colorado,
proposed an amendment to the emer-
eency bank law enacted to permit ad-
yances by Reserve banks to State and
member banks on their time or de-
mand notes secured to the satisfaction
of the Reserve bank.
Senator Trammell, Democrat, Of Flo
rida, offered an amendment to the law,
providing that the Secretary Of the
Treasury, In publishing the list Of banks
that may open should include State
banks certified to him as sound by
State authorities.
Yesterday was another day Of intense
activity at the Treasury and the White
House. Secretary Woodin, usually &C.
companied by Undersecretary Ballan-
tine and Assistant Secretary Douglas,
called several times on the President.
Meanwhile, restrictions on the kinds
Of business banks could transact be-
came less stringent after q Treasury
ruling was made allowing financial anr
Evening star., 1933-03-12
LICENSED DISTRICT
BANKS TO REOPEN
National Holiday to End This
Week Under Roosevelt
Plan.
Continued From First Page.)

Treasury said no licenses would be AZ
sued to any bank located outside those
IL cities to open bsfcre Tuesday.
His call for the cooperation Of State
authorities applied naturally to these
institutions which are not members OF
the Federal Reserve system.
"The Secretary Of the Treasury" his
statement said, will not permit any
member bank, State CT nationa', to open
In any such Federal Reserve city unless
opened for normal business en- an un-
restricted basis, except so far as af-
fected by legal contracts between the
banks and depositors with respect to
Withdrawals or notice Of Withdrawals u
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-03-29
THE NEW CREED

DOLD governmental action to mitigate mass
~ poverty want, and insecurity is demanded
in a manifesto issued by 160 prominent Cath
Ole, Jewish, and Protestant clergymen and
laymen of the National Conference of Jews
and Christians.
The manifesto urges ample food and
shelter for all; adequate care for the aged;
unemployment insurance ito destroy the
haunting dread of destitution;" higher living
standards and shorter work hours; juster tax
systems; IAN economy inspired not by COM
petitive greed but by human love"
OF congress, these churchmen ask the i'm
mediate creation Of national planning board
to prevent the return of disastrous human
misery engendered by uncontrolled economic
exploitation of the commonwealth"
1.-THE present organization of society fails
in tragic measure to reflect the principles of
justice and brotherhood which our religious
teachings share in common, when it allows I'M
told numbers of men, women, and children to
suffer in the midst of plenty" say these men
of church and synagog.
AS rule the clergy move little faster than
their congregations. That they have adopted
a militantly progressive program now indicates
that this is the program of the American
people Indeed, many enlightened capitalists
see in these social reforms the minimum
needed to save the social order from collapse
The new bill of rights conforms almost in
detail with the aims of the American labor
movement and the Roosevelt administration
With church leaders now marching shoulder
to shoulder with laymen liberals, the cause
UNNECESSARILY.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-03-29
BETTER THINKING

A FEW years ago industrial states we're
n denouncing the child labor amendment so
vigorously that they succeeded in keeping it
out Of the Constitution for the time being.
Now they are beginning to wish they hadn't
Five states have reversed themselves this
winter, and editorial comment in others indi-
Gates that more will do so before legislatures
adjourn Ten states now are on record for
the amendment. In nine legislatures ratifca-
ton resolutions are pending.
The change in point of view is, of course,
due to the economic situation. When a COM
paratively small number of jobs that adults
should have filled were pre-empted by children,
the greed of employers for cheap labor was
able to obscure the evils of the system.
AS soon as the number of displaced men
and women grew so great that it affected every
community, the economic absurdity became
obvious to all.
No start can be made toward assuring
economic security for families, physical and
mental health for communities, the develop
ment of sturdy, intelligent moral citizens until
youth is released from the factory.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-03-29
STRANGE WARRIORS

MYTH the Fraternal Order of Eagles battle
w won for the old age pension law in In
diana interest of the states lodge men now
turns to Pennsylvania, where an epochal bat
tie impends, involving a remarkable break be-
tween two of the foremost opponents of
machine politics.
The split is remarkable in that it is battle
for principle between William S. Ware, boss
of Philadelphia, and once barred from the
United States senate, and Joseph R. Grundy,
who served for brief time in the senate.
Grundy is the power behind the Pennsylvania
Manufacturers Association.
Grundy doesn't want old age pensions, be-
cause the powerful corporations have turned
thumbs down on the plan.
Ware wants them, because old age pensions
have been a hobby in the Ware family for
years.
Grundy, say Pennsylvania political writer's
is a machine politician, but first and foremost
a corporation man. Ware is for the corpora
tons as long as they do not interfere with
machine politics.
1t is an interesting fight to the country at
large, to see these two arrayed on opposite
sides over an issue of the nature of old age
pensions
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-03-29

sideration and allowances which
they realized we're due the veterans
for their heroic, unflinching, and
accomplishing sacrifices
There are many strict require
mentS to be met and passed before
they are allowed the little they re-
ceive, and I might add that, with
few exceptions, they have earned
whatever they receive a darned
sight more than your army of poll
tical party workers and henchmen
who are being supported on high
class charity right along.
One of the numerous county Off
Gals can handle the license agency
for his territory and thus eliminate
the expense Of maintaining numer-
GUS offices and dummy job-holders
who are occupied mostly in doing
nothing essential.
Here is a chance to do some real
eCOnOmizing and reduce the budget,
but, as usual, party workers must
be maintained at any cost, while the
boys who rendered an invaluable
national service, now that they are
not needed, can shift for themselves
as best they might.
The new deal seems a long way
off, but it is coming.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-03-29
NATHAN MARGOLD

THE appointment of Nathan Margold as
solicitor of the interior department to sue
coed E. c. Finney is a hopeful sign. 1t indi-
Gates that in Secretary Ickes' big department
the test Of ability will apply in manning the
bureaus, rather than political or bureaucratic
considerations.
Mr. Margold is a lawyer of ability and ex-
perience, a conservationist, friend of Amer
lean Indians as their volunteer counsel on
several occasions. His personality should vital
ize department very much in need of tonic.
1t is to be hoped that in naming an Indian
commissioner and other bureau heads, Secre-
tary Ickes will display the same objective de-
votion to the cause of efficient and progressive
administration.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-03-29

country. The nursery school. the
grade school, summer camps. girl
reserves, the scout movement, the
church, and hundred and one or
CARNATIONS which have for their
purpose the training Of the young.
In certain ways, it seems to me.
the Russian idea is advantageous.
At least it is honest and direct. The
state is responsible for the child.
and it assumes the responsibility.
Whether the plan is a success re-
mains to be seen. I see no reason
to think that it would fail any more
ANONYMOUSLY than a great many
parents have failed And it has the
merit Of putting some sort Of firm
foundation under the individual.
Over here We have grown some
what slipshod in our methods,
though we spend vast sums hiring
substitutes for parents. AS a conse-
quence, when many are engaged in
doing the same job, none excels
at il.
Truth often is bitter to the palate,
and the truth is that many thou
sands of American babies are not
getting half the excellent care that
Russian babies are getting.