davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-03-09
Text of Address
The tert of President

The teTt of President
ROOSeUeltS speech folIoWS:
ITO the senate and house of rep
Il resentatiVes:
On March 3, banking operations
in the United States ceased. To
review at this time The causes of
our banking system is unnecessary.
Suffice it to say that the govern
ment had been compelled to step
IN for the protection Of depositors
and the business of the nation.
Our first task is to reopen all
sound banks. This is an essential
preliminary to subsequent action
directed against speculation with
the funds of depositors and other
violations Of positions of trust.
In order that the first objective
the opening Of banks for the re-
sumption Of business-may he &C
complished, I ask of the congress
the immediate enactment of legis-
lation giving to the executive
branch of the government control
over banks for the protection Of
depositors; authority forthwith to
open such banks as already have
been ascertained to be in sound con-
dition and other such banks as
rapidly as possible; and authority
to reorganize and reopen such
banks as may be found to require
reorganization to put them on a
sound basis.
I ASK amendments to the fed
L eral reserve act to provide for
such additional currency, adequately
secured, as it may become necessa-
ry to issue to meet all demands for
currency, and at the same time to
achieve this end without increasing
the unsecured indebtedness of the
government of the United States.
can not urge too strongly upon
congress the clear necessity for i'm
mediate action. A continuation of
the strangulation of banking facil-
tiles is unthinkable.
The passage Of the proposed leg
islation will end this condition and
l trust, within short space of time,
will result in a resumption of BUSH
ness activities.
In addition, it is my belief that
this legislation will not only lift
Immediately all unwarranted doubts
and suspicious in regard to banks
which are 100 per cent sound, but
also will mark the beginning Of
new relationship between the banks
and the people of this country.
TINE members Of the new con-
Il gress will realize, I am con-
fldent, the grave responsibility
which lies upon me and upon them.
In the short space Of five days
it is impossible for US to formulate
completed measures to prevent re-
currence of the evils Of the past.
This does not, and should not, how
ever, justify any delay in accom-
plishing this first step.
At an early moment I shall re-
quest Of the congress two other
measures which I regard as Of i'm
mediate urgency. With action taken
thereon, we can proceed to consid-
Grafton Of :. rounded program Of ma
tional restoration.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-03-09
ST0RK'S STILL BUSY
DR.. Myers Digs in His Pocket to
Take Care of New Arrivals.

Dr. Charles Myers of the city hos
pital has new role today. His Off
cial title may be Personal Aid to
Dr.. Stork."
Six senior medical students who
act as visiting doctors Wednesday
exhausted all gasoline in their cars.
Because Of banking situation, they
had no money to buy more.
Il happened to have a little ready
cash on hand, and made them
personal loan," Dr.. Myers said. In
spite Of the bank moratorium, there
is no holiday where babies are con-
cerned."
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-03-09
Watch Stars

Spring is on the way and
now is a good time to start
the pastime of star gazing, if
you're not already a far.
It's far more interesting to
watch the consultations if you
know something about the ge-
ography of the heavens.
David Dietz, on The Times
editorial page, Friday will tell
you, in detail, of the wonders
OF the heavens. as they appear
for the rest Of this month.
Watch for it Friday.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-03-09
Toll Overtime

No holiday has been declared
by judges in The Times U. S.
jigsaw puzzle contest. While it
has been necessary to check
thousands Of entries, the
judges expect to be able to an
nounce the winners in a few
days. Watch The Times for
details.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-03-09

Such treatment.
The emergency program was urged
ahead of everything else, in the
brief 5O0-word message, one of the
shortest ever sent on a major mat
ter
Il can not urge too strongly upon
congress the clear necessity for i'm
mediate action" President Roosevelt
said.
His message was terse. Sen
fences were short and stripped of all
decoration. Each phrase headed
straight at its objective.
Passes Over Causes
He did not pause to describe the
causes leading up to the drastic
proclamation issued Sunday mid
night TO protect depositors and the
nations business.
Our first task is to reopen all
sound banks" the President said
This is an essential preliminary to
subsequent legislation direc e d
against speculation with funds Of
depositors and other violations Of
positions of trust"
President Roosevelt omitted all
details from his message, desiring to
strike broad and heavy blows at his
objective.
He dealt with the additional cur
rency plan in one long sentence:
ct cI- -
reserve act to provide for such addi-
tional currency, adequately secured,
as it may become necessary to issue
to meet all demands for currency,
and at the same time to achieve this
end without increasing the unse-
cured Indebtedness of the govern
ment of the United States"
Warns Inf1ationists
This was construed as a warning
against mere printing press money,
which merely would bear a prom
Use to pay. President Roosevelt ap-
parently intends to insist that every
single federal reserve note issued
shall be put out on the strength of
collateral-gold backing, govern
ment bonds, some form of CONNER
cial paper, real estate mortgages or
bonds.
Throughout the life Of the federal
reserve act, federal reserve notes
have been based on short-t term
commercial paper and gold backing
Proposed legislation will make long
term notes available.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-03-09
By LYLE G. WILSON
United Press staff CorresDondent

WASHINGTON, March 9-Congress met in extraordi-
nary session today millions of dollars
currency to enable banks to reopen.
The currency issue plan is the beginning of President
Rooseves counteraac depression Days and nights of
conferences have produced emergency currency bill de-
signed to permit wholly solvent banks to reopen Friday
morning.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-03-09
City Banks Wait Signal
for Business ReneW0I
Financial Leaders Retain Attorneys to Decide Course to
Follow on Reopeninq.

Agreeing with President Roosevets plan of reopenng
sound financial institutions Indianapolis bankers this after
considered their immediate program of preparation for
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-03-09

this event.
Financial leaders were ready for
meeting of the Indianapolis
Clearing House Association, to be
called when the legislative program
in Washington is completed.
Members of the association said
they had turned all messages from
the treasury department over to
law firms for Interpretation. If the
meeting is held, the attorneys will
outline what they believe to be the
local banks powers under orders
from the national capitol.
Plan Is Praised
Bankers throughout the city and
state praised the national program
outlined by Mr.. Roosevelt. They
termed it proper and far-reaching
step in realigning the nations
monetary needs.
THE Presidents plan sounds like
a far-sighted program, said George
G. Calvert, clearing house secretary
manager. 1T is a step toward CEN
tralization of banking authority in
the federal government and rigid
supervision, absolutely essential if
deposits are to be guaranteed"
The Presidents program should
help the banking situation material
ly, in the opinion of Luther F. SYM
ons, state banking commissioner.
Mr.. Roosevelt proposes a dras-
tic program" said J. P. FrenzeI,
Merchants National bank president,
but think he will be able to work
it out. The big question in my
mind is whether he can get his pro-
posed legislation through today"
Bankers were interested particu-
larly in plans of the govern
ment to issue several billion dollars
in additional currency to relieve
the financial paralysis resulting
from freezing of bank deposits. FL
nancial institution records have
been arranged for opening on short
notice.
Firms In Quandary
1ndecision left local business and
industrial firms in a quandary as to
how they will meet payroll prob
lens Saturday. A few more fortu-
nate firms have sufficient cash on
hand to meet them. Others will pay
by check or I. o. us. The checks
will be held by employees until the
situation clears.
Clearing house officials estimated
that it would require only twelve to
twenty-four hours for the new cur
rency to reach Indianapolis banks
after it is released in Washington.
The money would serve to ease
the pay roll situation, if received
before Saturday.
indianapolis condition hinges
largely On reopening Of the Chicago
Federal Reserve bank, since it is
necessary to be able to clear the
food Of checks issued on out-of-
state banks before the exact status
Of local bank deposits can be
learned.
May Increase Prices
The mild imitation which would
result from releasing additional cur
rency may result in slight increase
in retail prices of commodities, it
was predicted by business men.
Officials of the Kroger Grocery
Company in Cincinnati announced
Turn to Page Three
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-07-15
EASTMAN'S JOB TO
KEEP RAILS GOING
Has Notified Executives Admin
istration avors Cut in
Their Salaries

Washington, July 15.-P)-so the
public may continue to have the nee
essary efficient trains to ride and
ship things on, congress created the
office Of "coordinator Of transporta-
tion," now held by plain-spoken Jo-
Seph B. Eastman, Of the interstate
commerce commission.
His mission Is to help carriers
bring order among themselves, to re-
duoe expenses and increase efficiency.
He may, for example, order one Of
two railroads serving the same place,
and both operating at loss, to re-
duce or discontinue the service; he
could spot wasteful methods and
order their elimination. But his de-
cisions in such matters are subject
to review by the interstate commerce
commission.
Under this law, the country is d.
vided into three regions-eastern,
southern and western. In each a re-
gional coordinator is named to work
with q regional committee elected by
the railroads voting on the basis Of
the number Of miles Of track oper-
ated. There also is labor commit
tee which sits in on anything in
volving employees.
The law forbids any reduction in
employment below the number Of
men at work during May, 1888, ex-
cept that places vacated by resigna-
tions, retirements or death up to five
per cent Of the personnel Of any road.
during any year, need not be filled.
Already Eastman has notified the
railroad executives that the admin
istration favors reduction in many
of their salaries.
Under the law, too, railroads can
be reorganized financially where it
is necessary and feasible.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-07-15

for the batting leadership Of the
American Association, it probably
would take good deal to get Joe
Hauser away from Minneapolis.
During the last week, according to
figures which include Thursdays
games, Unser Chloe, as the boys at
Minneapolis call the veteran first
baseman, slugged out eight home
runs. bringing his season total to 40,
and leaving him only IA short of the
leagues all-time record. These long
wallops boosted his total bases to
254. give him leading total Of So
runs, and helped make him the pace
setter in batting in scores with 100.
Frank Sigafoos, Indianapolis, Sec
ond-baseman, retained the individual
leadership with a mark of 1897. six
points shy of his last weeks mark. In
addition, he was the leading base
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-07-15

stealer with Is thefts, and topped the
field In two-base' hits with "a. 1rv
Jeffries of st. Paul had the most hits,
140, and Nick Cullop Of Columbus led
in triples with Is.
Following sigafoos were: Harris,
Minneapolis, $50; Doljack, Toledo,
.349; Radcliff, st. Paul, .349; Jeff
ries and Fenner, st. Paul, and Ries,
Toledo, .341; before, Toledo, and Nor
ris, Minneapolis, 1888, and Trosky, To-
ledo, 1897.
Garland Braxton of Milwaukee
added another victory to lead the
pitchers with II triumphs against two
defeats, while Paul Dean of Columbus
continued to top the league in strike
outs with 125.
Toledo's batting fell off a point to
an even 800. but the Mudhens still
led. Kansas City, however, dropped
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-07-15
day: little change

day; little change in temperature.
For Minnesota: Fair tonight; Sum
day partly cloudy, not much change
In temperature.
Weather outlook for the week be-
ginning Monday July II.
For the region of the Great Lakes:
Generally fair with moderate temper
atures first part of week; occasional
showers and slightly warmer latter
ern and central Great Plains, same.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-07-15
SOUNDS A BIT F1SHY

Vienna, Austria-Charged with
hiding 400 tins of sardines during
bankruptcy proceedings, Emil
Lerner said he had been living on
nothing but sardines ever since
the day he had to close his deli
catessen store. II have eaten 60
of the 400 tins and probably will
have to eat the remaining $40
too," he added.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-07-15
Strange But True
News Items of Day
(By The Associated Press)
NOT sUPERsTIT1oUs?

Orbetello, Italy-"Black Cat" sup
erstitions do not worry the aces
Of General Italo Balbo's air ar
mazda. But 1t has been disclosed
here that even the most scornfully
placid Of those officially styled
men Of flesh with hearts Of steel"
agreed that there's no use strain
ing your luck" when someone sug.
gested they hop off on Friday.
They took the air on Saturday,
July l..
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-07-15
GENERAL CONDITIONS

A high pressure area, accompanied
by cool weather. extends from the up
per Mississippi Valley westward to the
peratures continue high over the ex-
creme South. Showers occurred in
The Great Lakes region, middle Mis-
sisSippi Valley and at scattered places
along the eastern Rocky Mountain
slope. Elsewhere the weather is gen.
orally fair.
Missouri river stage at Z a. m. 81 #.
"a hour change, -0.3 #.
Bismarck station barometer, inches:
1888. Reduced to sea level, 30.15.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-07-15
100 PERSONS HELD UP

Chicago, July 15.-(P)-One hun
dred men and women, including
County Commissioner Frank j. Kas-
per and his wife, were held up early
Saturday in the Crazy Quilt Tavern
In suburban Broadview, by four rob-
bers, one Of whom was armed with q
sub-machine gun. The robbers .es-
capped In a car with about $1,000 loot.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-07-15
AN UNUSUAL ExTrNGUISHER

Franklin, nl.-A fire in field at
tracted the attention of three farm
ers. One Of them picked up bucket
OF gasoline, mistaking it for water,
and tossed it into the flames. Will
liam Nichols was fatally burned.
Arthur Van Wrinkle and Paul Berg
schneider were injured, Van Wrinkle
perhaps fatally.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-07-15
FREIGHT LoADINGs CHEERFUL

washington, July 15.-(PSThe
American Railway association an
nounced Saturday that carloadings
Of revenue freight for the week ended
July were 539, 233 cars, a decrease Of
94,851-due apparently to the fourth
Of July-under the preceding week
but an increase Of 1925 oyer the
corresponding week, In 1892. Railway
officials had expected a slackening
due to the holiday season. Loadings
Of all commodities showed increases
over the same week in 1882.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-07-15

For North Da-
kota: p artly
cloudy and slight
ly warmer to-
night; Sunday un-
settled.
For South Da-
kota: p ar thy
cloudy tonight and
Sunday; slightly
warmer extre m e
west portion to-
night.
For Mont q n g.:
Generally fair to-
night and Sun
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-07-15
INDICT BOMB-SENDER

Malone, N. Y, July 15.-(R)-Joseph
Doldo, 10, of WATERFOWL was under
federal indictment Saturday for
sending crude explosive to Presi-
dent Roosevelt last winter. The ex-
plosive was intercepted in the WASH
ington postoffice.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-07-15
Fights Last Night
(By the Associated Press)

Hollywood, Calif.-Speedy Da-
do, Philippines, outpointed 10
Teiken, Korea I0).
San Diego - Husky Valasco,
National City, Calf, and Able
Miller, Los Angeles, drew uO;
Archie Lewis, New Orleans, stop
ped Teddy Palacios, Los Angeles
a..
Sioux Falls, S. D.-Tommy
Corbett, Omaha, outpointed
Wayne Short, st. Paul CO.; Pat
Arnold, Minneapolis, outpointed
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-07-15

Tom Pruitt, Brookings, 8. D. co.;
Ray Cosette, Moorhead, Mimi,
outpointed Young Harry Greb,
Minneapolis (6); Big Boy Stem
norman, Watertown, S. D., stop
ped George Wallace, st. Paul (3).
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-07-15

two points off It's fielding mark and
indianapolis went into the lead with
.972. st. Paul made IL double plays
for a leading total of SO.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-07-15
Indy ESTABLISHING BASE

Cartwright, Labrador, July 15.-(R,
Colonel and Mrs Charles A. Lind.
bergh Saturday set about establish.
ing base for aerial surveys in this
vicinity, before continuing their air
mapping tour to Greenland.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-07-15

BALBO RESUMES FLIGHT
Montreal, July 15.-(P)-General
Italo Balbo hoped off from here Sat-
urday, leading his transatlantic TIA
liam air Armada on the last stage Of
it's flight to Chicago.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-07-15
Additional Sports |
Joe Hauser Gets
Eight Home Runs
and Has 40. Total
Minneapolis First Baseman
Making Great Advance
Toward Record

Chicago, July 15.-P)-Although he
has not made his way into the battle
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-07-15

Hawaii hasn't single roadside BILL
board.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-07-15
! Weather Report
FORECAST
CLOUDY

For Bismarck and vicinity: Partly
cloudy and slightly warmer tonight;
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-07-15

The only ex-convict In Congress.
Representative Francis H. Shoe
maker of Minnesota is pictured
after leaving the White House
with an oficial pardon from Presi-
dent Roosevelt. Shoemaker went
to Leavenworth three years ago
for mailing q letter with indorse-
ments on envelopes that were IL
belous and defamatory."
The Waterbury Democrat., 1933-02-16
Wise Guy Puts
 His Foot In It
By DAN PARKER

Albany repeal the boxing law and would think that boxing would contained 1nen Issued yesterday:
 championship light will bc held in June that continue and can only hope happening inexplcable them imag fights fakes"
 supcndng it's
 Schaaf match
 justb Carnera this
 tears bazcnIy Haunt boxing
 public opinion, again by
 ignoring the C0mmisson's mandate It any wonder that
 boxing bat for it, that the
 utterance of Bill Carey president Of the -. . . . . If killing the socaed
  boxing writer can tell MT Carey ne mas supidly refused Anyone things thn have bean going on the car boxing regime hc as MT Carey has, aa % fans whose thinking If purely Of supehca the boxing in the schaef not trying to ab stand m the fight called attention to these reports Sharkey teup which elm
  with the match had figured queer bouts many tunes nnes said had no idea whether fight Having It. decidedly that anything Ernie wasn't involved
 held again week. Pd do the same
 ! apologies to being or those
 Garden promoters calls 'an nex-
 pIicube imagine fights
 about Garden prOmOt-
 methods Of doing business and have read hs biography
The Waterbury Democrat., 1933-02-16
HERBIE FREEMAN
 MEETS RED DEVIL
Especial to the Democrat)

New Haven, February 16 --- Featured by q star finish match between "Gentleman" Jack Wash burn, Boston bully and New Hn- ven'B Public Enemy No. 1, and Dick Bull" Martin, Trenton "Ter- ror," Q laundering herd of Pro- moter Jim Downlng's prize pachy- derms will descend upon the Arena ring here tonight for their weekly mat warfare.
 This meeting will give the sclen- tific gentleman an Insight as to what happens when an Irresistible force meets an immovable body as Washburn Is irresistible, and has beautiful wife to prove 1t, while the "Bulr' has body that changes position only when the spirit moves. The idea is to let them fight 1t out minus q third man in the ring.
 The balance of tonlght's bill is one swell layout. Herbie Freeman of New York, Joosh ex-chnmpion, takes on the Red Devil in the semi final finish fray. Century Milstead former Eii grid ace. tackles Jack Sherry in the special, hakshoui hug.
 A pair of fine time limit matches round ont the card. In one, Henry Piers, Holland newcomer, meets Dumping Jack" Poddubny, meets Marin Piestina tangles with Rick add Stahl in the other. The new low price scale will continue in ef- fart.
The Waterbury Democrat., 1933-02-16
WEATHER AND TIDE CONTINUE TO BALK |CAMPBELL'S START
Runs From Now Until Feb B Must Be Made Morn.
 ings--Britisher Doesn't
 Like It
By HENRY McLEMoRE
United Press Stan Correspondent

United Press Stan COrIcspOndcnt)
 Daytona Beach, Fla, Feb .16.-- (UP)--Sir Malcolm Campbell's hopes of making an immediate sec- ond assault upon his own worlds land speed record of 253.9 miles an hour werc dashed today when hls mechanics told him the adjust ments he ordered made on Blue bird after Tuesdays 240 mile-an- hour drive, were not finished.
 When the giant racing machine was lowed back to tho garage, Sir Malcolm was told 1t would be ready to go yesterday. But today, many of Bluebird's vital parts were still strewn about the floor.
 No Luck
 The delay means that Sir Mall colm has only the faintest chance of taking the car out before Sun day. There is a slight possibility that he may be afforded an oppor- tunity to open Bluebird up on Sat- For the only beach he will get on Saturday will be afforded by the low tide of S.05 Q. m. and the beach, at that early hour, is usual- iy blanketed in a fog tha trefuses to lift until the sun hears the meri- dian. It was just such rainy mist that sent Frank Lockhart to his death in 1928.
 From now on to Feb. 23 Camp bell, if ho is to run at all, must do 1t in the morning. For 1t is not comes in the afternoon.
 until then that low tide again Campbell does not like to run in the morning.
 1T feel sleepy fin the morning" [" he said when asked how he liked the breakfast spins. Tt is not un- til the afternoon that feel myself