The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1933-12-23
GOLD ACCORD MAY BE
GOAL OF ROOSEVELT
Continued from page ons)

Continued from page one)
cial session lasting the whole day,
that the open market government
bond purchase program would be
resumed under White House pres
sure.
NRA-General Johnson and as
sistants rushed through the final
work on about so codes. including
such important industries as con-
struction newspapers and graphic
arts. They went to the White
House too late to be signed before
today, however. Earlier in the day
the president signed the rubber
tire code and others. The delayed
industry code was sub
mitted for consideration.
Agriculture - Secretary Wal
lace surveyed relief work and
plans and said the government
was committed TO an increase Of
81. 250,000,000 in farm purchas-
ing power by the end of February.
1885. He discussed milk and beef
relief plans with farm leaders
from all parts of the country.
Liquor-House ways and means
committee completed work on the
bill for So whiskev TAX with no
rebate to states, altering admins
tration program. Republican men,
bers abStained from voting.
CWA - Administrator Hopkins
announced that I'll but two states
have fulfilled quotas.
General recovery - President
Roosevelt said he would meet the
week after January 16 with state
directors Of the national emergen-
~ council, whose job will he to
coordinate field activities of all
,ecovery agencies.
This picture Of rapid progress
along many lines contrasted with
several developments Of import
,nce:
/. William Green Of American
Federation of Labor filed charges
With the NRA that Henry Ford
vas violating the automobile
code and section A of the recov-
Try act by refusing to bargain
collectively with employees at his
Idgewater plant. The action
seemed likely to lead to the long
wooded test between the NRA
md the motor manufacturer who
las refused to sign the code.
2. General Johnson charged in
Message to CWA Director Hop
tins that the CWA was paying
higher wages than code minimum
n various sections and demanded
hat this be stopped-another di-
'ect conflict in viewpoint be-
ween recovery agencies.
3. Many inflationists indicat-
ID that the presidents silver pro-
ram did not go far enough to
,eep them from attempting con-
,ressional action toward more
'adical steps either relating to
liver or paper.
4. Blue Eagles We're ordered
urrendered by. 10 firms, the
argest in any day. Thirteen were
Cincinnati, Ohio, laundries.
Money continued to dominate
he capitol. President Roosevelt
aid he thought the most vital
eature of the silver program
vas the fact that for the first
ime in world history nations had
,otten together on one Of the
'vo great metallic bases of cur
ency. He added that he hoped
his would extend to other bases,
'hlch was interpreted as indi-
ating II willingness to consider
n international gold agreement
18th presumptive money stahili-
alton, when the dollar reaches a
satisfactory level.
Some observers saw at least ~
int that the president was less
lterested than formally in the +
DmmOdity dollar idea, when re-
uired a varying gold price.
The president indicated that J
o plans had been made. nirhcr !
~ decreasing the mint's coin !
&c charge for silver, now set at
alf the amount offered by mili-
:, or for increasing the amount
be purchased should produc-
on increase, decrease IN the
,inage charge would be equiva-
mt to increasing the silver !.
ice. which stands at Ga 1-2
,nts as ounce under the pro-
ram announced yesterday. Only ~
ewly mined domestic silver is
cluded, and production is esti-
ated at 24,000,00O ounces an
aally. 1t was intimated that
le president had no desire to
,ur grea increase in general
etal mining, which might lead
SURPRISES of metals found in,
'es with silver \.
Sc c ndary developments of ]
'iday:
The retail price index dropped
ON 1868 Nov, Fl to 1866 !!