davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1933-03-04
Maryland Bank Holiday
Extended Until Tuesday,

ANNAPOLIS, March 4.-The
bank holiday in Maryland will be
extended until Tuesday, it was
learned at Governor Ritchie's Of
flee today.
+. Governor Ritchie signed the
bank commissioner bill, which
gives dictatorial powers over
Withdrawals to the State bank
commissioner. It goes ito effect
Immediately.
At a midnight session the
House of Delegates passed the
bill without a dissenting vote, and
returned it to the Senate with
a score of minor amendments.
Within a few minutes the SEN
ate agreed to the amendments,
and the measure giving the State
Bank Commissioner sweeping
powers over every financial insti-
tuition in the State, was approved.
Reorganization provisions of the
law will permit the salvage Of be-
tween $5.O0O,000 and $4,000, 900
Of depoSitorS funds which would
have gone by the board of the in
stitutions had been forced to
liquidate through receivership, it
was said,
The Washington times., 1933-03-04

cial emergency now existing mot
only in the State Of Illinois but
throughout the entire United
States and which has become
more serious i'm the past "a
hours, and because of the action
taken by many States through
out the Union, the banking sys-
TENS of which have daily trans
actions with the people Of this
State, I deem it necessary to
make the following prOclamao
ton:
81, Henry HOrner, governor
Of the State Of Illinois, do here
by declare and proclaim the
days Of March 4, 1888, and the
10 days Immediately following
to be public holidays in this
State pursuant to law.
During such time all bank
ing institutions and trust COM
panies conducting . banking
business or trust business within
the State of Illinois shall not
be open for the transaction Of
banking or trust business; ex.
ceptI that said banks and trust
companies shall, during the
ordinary business hours after
March Z of said holiday period:
"Pay to their depOsitors
whether time or demand) not
more than s per cent Of the
respective deposits of such de-
positOrs as Of the close of
business ON March 3, 1888, pro-
vided that such payments shall
be made only on checks, drafts
and receipts dated subsequent
to March 3, 1888, and
Furthermore, after March Z
Of said holiday period such
banks and trust companies
may take new deposits when
qualified to do so under the
laws of this State, but such
deposits shall be payable ON
demand in full and such money
SO received shall be held solely
for the repayment Of such de"
pOSitS."
The Washington times., 1933-03-04
Pinchot, at Inauguration,
Orders Bank HOLIDAY

PHILADELPHIA, March
G.N.SO.-Governor Clifford Pin
chot today declared a two-day
moratorium, to be in force today
and Monday. for all Pennsyl
vania banks.
A statement, dictated by Gov
ernor Pinchot from Washington
said:
Because of the declaration
Of a banking holiday in New
York, Illinois and most Of the
other States, similar action in
Pennsylvania has become un-
avOidable.
"Were our banks to remain
open today, the depOsitorS
would impose an impossible
burden.
Therefore, upon the specific
recommendation Of Governor
Norris, of the Federal Reserve
Bank, I hereby declare q bank
holiday during the period from
The Washington times., 1933-03-04
Holiday Affects All
New EnuIand Banks

BOSTON, March 4 U.N.S).-
Every bank in the six New Eng
land States was closed today aft
er the Governors declared bank
holidays in sympathy with similar
action taken in New York and
Chicago.
In Massachusetts,, Maine, Con-
necticut and Vermont the holi-
days were for today and Monday.
Rhode Island was only for today.
That in New Hampshire was for
eight days.
The New Hampshire proclama-
ton provided that Withdrawals
could be made from banks under
restrictions imposed by the bank
commissioner"
The Boston Stock Exchange was
ordered closed today and Monday
to conform with the bank holiday
declared in Massachusetts,.
The Washington times., 1933-03-04
Europe Money Markets
Take Bank Holiday Calmly

LONDON, March 4 G.N.s).-
The money markets Of Europe
took the American bank holiday
calmly today. Adequate measures
were taken to prevent immediate
speculation in foreign currencies.
All dollar trading was suspended
in London and Paris. In Berlin,
where trading was permitted, only
a slight recession in the dollar
was recorded up to 2 p. m.
Americans in Paris were unable
to cash checks on American
banks, but Berlin financial insti'
tutions accepted them UP to 8
reasonable amount as usual.
Depositors with dollar accounts
in French banks were permitted
to withdraw restricted amounts in
francs, with the banks taking re-
ceipts for later adjustments.
Neither the London Exchange
nor the Berlin Boerse was af-
The Washington times., 1933-03-04
Gov. Lehman ProcIaimS
2-Day Bank HOLIDAY

NEW YORK, March 4 G.N.sJ.
Gov. Herbert H. Lehman today
proclaimed a two-day bank holi-
day for New York State, effective
today and continuing through
Monday.
Announcement came after an
all-night conference at the govern
or's home in which leading New
York bankers, representatives Of
the Federal Reserve bank and O.
the New York Clearing house took
part. The holiday was pro-
claimed, Governor Lehman said in
a statement, at the request of the
Clearing House Association.
Calling Of the holiday came on
the heels Of swift change in
plans of the New York governor
to go to washington to attend the
inauguration of his predecessor,
Franklin D. Roosevelt. Late last
night Governor Lehman's secre-
The Washington times., 1933-03-04
GUARANTY.
ST|RSCONFL|CT
IN CONGRESS

Sharp conflict over a Federal
guaranty of bank deposits swept
through Congress today with
various Democratic leaders In
the two Houses proposing emerg-
ency banking relief plans which
they hoped would meet with
President Roosevelt's approval.
Senator Gore ID. of Oklahoma,
a member of the conservative
group, planned to seek early ac-
ton by the Senate Banking and
Currency Committee on his joint
resolution for an iron-clad Gov
ernment guaranty against loss to
depositors.
State banks would be able to
avail themselves Of this guaranty,
under Cores measure, by becoHn-
ing associate members Of the Fed
eral Reserve System.
"The Government cannot
possibly guarantee bank de-
pOSits."
So declared Senator Walcott
(R) of Connecticut, a membeg
of the Banking and Currenc{
Committee. He said it woud
require $4,000, 100000. He added.
"The day Congress finally
acted to guarantee bank de-
pOsits, Federal bonds would
fall in half and the country
would go off the gold STAN
dard."
Similar objections were voiced
by Senator Glass CD of Viz
ginia, a former Secretary Of the
Treasury.
Glass suggested the currency
stringency could be relieved tenn.
porarily by use Of Clearing House
certificates to freeze" large
amounts of cash during the
emergency.
Senator Dill CD of Washing
ton proposed an expansion Of the
Federal postal savings system to
include checking accounts.
The Washington times., 1933-03-04
CHICAGO LIVESTOCK

CHICAGO, March IN.s.).-Hogs-
Receipts, $500; market steady. Top,
$3.50; bulk, $S.45Q3S5; heavyweight
$3.35 @3.75; medium weight, $3.50@3.9O;
lightweight, $S55@s.SO: light lights,
$3.45 @S.S5; packing sows, $2.S0@3.30;
pigs. $2.9O@3.50; holdovers, 1000.
Cattle-200; steady. Calves, 100;
steady. Beef steers-Good and choice,
$5.O0@725: common and medium. $3.50
06.5O; yearlings. $4.OO@7.25. Butcher
cattle-Heifers, $30O@5.5O; cows. s2.25
@3.75: bulls, $2.5O03.75; calves, $4,000
steers. s3.0O@5.OO; stocker cows and
heifers, $2.0O03.5O.
Sheep-S,OOO: steady. Lambs. 5000
$50; common, $3.5O046O; yearlings,
$S5o@4.7S; feeders, 24.50@s.25; ewes.
The Washington times., 1933-03-04

streets were filled with thousands
in festive mood, the heads Of the
Federal Reserve System met in q
grim and serious atmosphere in
the Treasury Building to discuss
the action of the governors in the
principal money marts of the ma
tion declaring Statewide banking
holidays.
Officials maintained the usual
Treasury reticence. but it was as
serted that the board did not con-
template any immediate action.
The Federal Reserve Board, it
was explained, has no authority
to order national banks to close.
The Comptroller of the Currency
Is the only one who has the au-
thority to apply the same restric-
tionS to national banks that are
applied to State banks by gover-
norS,
The Washington times., 1933-03-04
STOCK EXCHANGES CLOSED;
BUSINESS, PUBLIC SHOW
CALMNESS AND RELIEF

tary announced the governor had
decided not to go to washington
because Of matters of impor-
tance."
Text Of Statement
Following is the text Of the
governors statement:
until early this morning 1t
was my hope that it w0uld not
/, necessary to interrupt the
continuous operation Of the
banking system of New York
State. The spread Of hysteria
and the restrictions imposed
upon the banking facilities Of
the country through measures
adopted in so many States
have at last placed upon the
New York banks a burden so
great that it has finally rem
dered drastic action imperative
here.
Time to Map Program
Therefore, at a meeting late
last evening, the clearing house
committee of the New York
Clearing House, with the advice
and recommendation Of the
Federal Reserve Bank Of New
York, has asked me to proclaim
banking holiday lasting until
the close of business, Monday,
March 6.
"I make this proclamation
with complete conviction that
the best interests Of the people
Of the State are being served
thereby. This is a time for
coOlness and leadership. The
people of this State and Of the
whole nation have shown a
splendid spirit to date in meet
ing all the trying problems of
the depression. / am confident
that this spirit will be main
tanned.
"The interval which these
holidays afford should give re-
spOnSible officials the necessary
opportunity to consider the sit
uatiOn calmly and to prepare
the way for an adjustment Of
our difficulties.
Continued and increasing with
drawal of currency and gold
from the banks of the country
prompted its request for a bank
holiday in New York, the New
York Clearing House Committee
said. The formal statement added !:
"The unthinking attempt of
the public to convert over forty
. billions Of dollars of deposits
into currency at one time is ON
its face impossible"
The Washington times., 1933-03-04

BY POCKET VETO
HOOVER KILLS
COTTON BILL

The Smith cotton bill was
killed today by a pocket veto,
as President Hoover surrendered
his office without signing the
measure.
The bill of Senator Smith
CD Of South Carolina proposed
to raise the price Of cotton by
offering shares in a great Fed
eral pool to those southern plant
erS who agreed to reduce their
future acreage.
It was planned to allow the
cotton planters to purchase on
option Government-owned cotton
in proportion to the curtailment
Of cotton acreage.
A letter by Secretary Of Agri-
culture Hyde, made public at the
White House, said:
Passage of this bill would
tend to cause q temporary ad.
vance in cotton prices, or at
least their maintenance at
higher levels than would other
wise prevail; a false optimism
in cotton circles until the first
acreage reports came out early
in the summer; a sharp decline
in prices following publication
Of the facts that acreage had
not been reduced as anticipated
and still further weakness in
the markets later, when the
cotton board started disp0sing
of its accumuIatiOns.
I'm addition there would be
great political pressure to stop
these sales and to hold the
cotton as another extended
stabilizatiOn OperatiOn,"
The Washington times., 1933-03-04
Saturday, March 4, 1888, and
on Monday, March 6, 1933."
Gov. Ely Announces
TWo-DaY Bank Holiday

A two-day banking holiday in
Massachusetts, extending over to-
day and Monday, was announced
here today by Gov. Joseph B. Ely
who is attending the inaugura'
ton.
Following the action Of New
York and Illinois, Governor Ely
has requested the acting COVER.
nor to proclaim q bank holiday
for Saturday, March 4, and
Monday, March 6.
"This action has been made
necessary for the protection Of
the depositOrs in Massachusetts,
institutions because Of the con-
ditiOns in other parts Of the
country.
''It is the time for our peO-
pie to maintain their courage
and patriotism, which have
made Massachusetts q great
commonwealth and the United
States great nation"
The Washington times., 1933-03-04
ACTION
CALLED SOUND

NEW YORK, March 4 U.N.S).
Hearty approval of the action OF
Governor Lehman, of New York,
in calling a banking holiday was
expressed today by Henry r.
Kinsey, president of the Savings
Banks Association of the State
of New York. He said:
"The governors action ap-
pears to me, as I think it will
to the whole banking fraternity,
as being sound and well ad-
viSed.
"The holiday ought to clear
up the situation and bring
back normal thinking and ac-
ton on the part of those who
were temporarily stamreded.
"Our savings banks unqueS-
tionably will continue to make
the complete safety of their
depOsitOrs' funds their first
consideration and after the
bank holiday terminates will
follow whatever policy that
may appear most effectual to
that end"
The Washington times., 1933-03-04
Gov. Pinchot Seeks Advice
On Makinu HOLIDAY Mandatory

Gov. Clifford Pinchot did not
intend that his order for a two
day bank holiday in Pennsylvania
should be mandatory, 1nterna-
tional News Service learned to-
day.
However, the question of
whether it will be made manda-
tory depends upon the advice Of
the attorney general.
The Washington times., 1933-03-04
Chicago Exchange Closed
As Banks GET HOLIDAY

CHICAGO. March 4 GN.SO.
Following on the heels of a three
day bank holiday" in Illinois,
the Chicago Stock Exchange was
closed today, pending develop
ments in the banking situation.
All American grain exchanges
closed today following action of
the Chicago board of trade to re-
main closed until further notice
because Of the bank holiday.
The bank holiday proclaimed by
Gov. Henry Horner is mandatory.
The governors proclamation
follows:
'In view Of the acute finan-
The Washington times., 1933-03-04
Federal Reserve Board
Studies Bank Situation

Gov. Eugene Meyer and several
other members Of the Federal Re-
serve Board held an informal
meeting today to consider the
banking crisis throughout the ma
tion.
While the National Capitals
The Washington times., 1933-03-04

fected by the situation. Prices in
Berlin were somewhat higher, re-
flecting yesterdays gains on the
New York Exchange, and the Lon
don market closed steady.
In Budapest, the Commercial
Bank declined to accept American
checks during the period Of the
New York holiday.
The Washington times., 1933-03-04
Marked Weakness
Shown in Dollar Deals

NEW YORK, March 4 Q.N.SO
Marked weakness developed in the
dollar today in unofficial dealings
here and in London.
The nearest offering on sterling
reported in Wall Street was
$1,000 at 81, a rise against the
dollar of 5414 cents from last
nights close. No other foreign
currencies were quoted.
The pound in London spurted
to $3.50. These quotations were
unofficial, as dealings in the dol
lar were suspended in all Eu-
ropean centers.
London quoted the franc at 4
cents, a record high since stabil1'
zation of French currency at its
present level. The close Of the
franc in London was at 3.98 cents
yesterday and here at 3.95% cents
CONCORD, N. H., March 4
QN.SO.-An eight-day bank holi-
day was proclaimed for all New
Hampshire banks today by Gov
ernor John G. Winant. The proc
larnation provided that withdraw
ais could be made from banks
under restrictions imposed by
the bank commissioner"
PARIS, March a UNSJ.
Americans in Paris were unable to
cash checks on American banks
today, following proclamation Of
the banking holiday in New York
State. Exchange transactions
were completely suspended pend
ing opening of the Paris Bourse
later in the day.
The Washington times., 1933-03-04

dredS Of articles are lost daily and the
the Lost and Found Columns Of the
greatest percentage Of them are adver-
tised by the loser lend o helping
hand. If you've found something, read
WANT AID SECTION Of this newspaper.
The Washington times., 1933-09-21
BUY CAMPAIGN
BOONS SALES
CONTINUED from Local PGee)

Continued from Local P0ge)
ager of House and Hermann, re-
ports that business is very good
In describing the reason for the
rise, he said:
"There seems to be a return
to old-time buying confidence"
Collections Better
A great deal of activity in fur
niture buying is said by James B
Henderson, jr., to have been noted
within the past two or three
weeks. In that time, he says
business has increased notably
and collections have been very
much better. He asserts:
81 think we have turned the
corner"
The rise in sales of beds and
chairs and rugs and dining room
suites is putting back into the
furniture industry the extra costs
it has assumed in adopting NRA
principles. Similar buying is help
ing other industries to get back
on their feet, add more employees,
and speed the return of prosperity
To aid this movement, accord.
ing to governmental, business and
civil figures throughout the ma,
ton, all that a citizen needs to
do is:
"Buy in September and Buy
American"
The Washington times., 1933-09-21
BOARD s
SUGAR UNIT
IN MERCER
Small Division Becomes Part
Of Farm Group, Sept. 80;
No 0ustings Planned
BY DUNCAN FORSYTH

The sugar division of the Tariff
Commission will be combined with
the agricultural division of that
agency as of September 30, the
commission announces.
Rumors of further reorganiza-
ton, however, were set at rest at
the commission today with the
statement that in keeping with its
established policy, no reductions
in staff are contemplated beyond
those that can be made through
normal turnover and designations.
Chief At Retire Age
It was said that the decision to
combine the divisions had been
reached for reasons of economy
and the fact that sugar is an agri-
cultural product and can therefore
be included in the agricultural
division.
1t was said that the division
chief is at the age where he can
be retired, and that other en-
ployes of the division, if retirable,
pres bly, will be released
through the retirement process
and placed on annuities. Those
not eligible to retirement will be
distributed throughout other di-
y;oiN - icc
Problem to Foe
The sugar division, it was said,
is a small organization, and there
is no necessity for retaining 1t
as a separate entity.
It is understood, however, that
because of the prominence of the
sugar problem. particularly since
the outbreak of trouble in Cuba,
efforts are being made to induce
the commission to reconsider its
move.
Those who seek the retention
of the sugar division point out
that the agricultural division al
ready includes work on many COM
modities, and that it might be
desirable to specialize the COM
Investigations still further,
rather than lump another di-
vision into the agricultural di-
vision.
It is further contende6 that no
saving is likely to be
made by combining the divisions.
The Washington times., 1933-09-21
CHURCH TOHOLD.
PARISH HALL
DEDICATION
st. Georges, Clarendon, Plans
Rites at New Structure
at Sunday Service

Dedication of the newly COM
pleted parish hall of st. Georges
Episcopal Church, Clarendon, will
be held next Sunday, it was an
nounced today by the Rev. Henry
j. Miller, rector.
The Rt. Rev. Frederick Deane
Goodwin, D. D., Bishop Coadjutor
of the Diocese of Virginia, will at
tend the morning prayer session
and celebrate Holy Communion at
II a. m. He will preach the ser
mon of dedication at the church
at 4 p. m. Pastors and ministers
of the churches of all communions
in Arlington county have been in
vited to be present.
The Rev. C. A. LangSton, Of
Pohick Church; the Rev. C. S. NC
Clellan, jr., rector of Falls Church;
DR.. w. j. Morton, of Christ
Church, and the Rev. P. F.. Hall,
of st. Paul's Church, Alexandria,
will participate in the services.
The Rev. Ira P. Harbaugh, of
the BallSton Christian Church.
newly elected president of the
Arlington County Ministers Asso-
citation, will speak on behalf Of
the churches of the county.
After the service of dedication
the vestry of st. Georges will
hold a tea and reception in honor
of Bishop Goodwin, the visiting
clergy and their wives. Monday
at $50 p. M, a parish house
warming" and basket supper will
be held in the new hall, which is
connected with the church.
The Washington times., 1933-09-21
BY International News Service

bN lHteTHdtIOna1 N0"B service
Establishment of a regular air
passenger service bet n the
United States and Germany
within a comparatively short
time" was predicted today by
DR.. Hugo Eckener, commander of
the Graf Zeppelin, following a
conference with Postmaster Gen
eral Farley today.
Eckener was accompanied by
F. w. Won Meister, American rep
resentative of the Zeppelin Com
pany, and Eugene r. White,
director of international postal
service of the Post Office Depart
ment.
Eckener came here to make
final arrangements for the flight
of the dirigible to the World Fair
in October. He will return to
Germany in a few days and
bring the Graf Zeppelin to
America. He said:
II expect to start from Fried
richshafen by October. We will
first touch at Rio de Janairo
and fly to Miami. Fla, which
we expect to reach October 23.
Leaving Miami October "a, We
will be due at Akron, Ohio, "a
hours later. From October 25
to 28, flights will be made from
Akron to Chicago and return.
Then we plan to fly from Ak
ron to Germany via Seville,
SPAIN"
Eckenen extended an invitation
The Washington times., 1933-09-21
OFFICERS FREED
IN BEATING

Two Metropolitan policemen
were exonerated of charges of
beating a colored prisoner by the
Police Trial Board yesterday.
while the case of a third was
continued until next week.
Policemen Charles C. Williams
and Frank Ashley were cleared
of charges that they beat George
Mahoney, colored, in the Second
precinct house five weeks ago.
The case continued was that
of Policeman J. G. Middleton of
the Fourth precinct. He was
charged with abusing Mrs.
Dorothy Wood and George Bur
rell, both colored, in making an
arrest. One of the compliments
is Walter D. Sanderson, colored
patrol driver of the precinct.
The Washington times., 1933-09-21
D, c, DRAMAT|ST
To TEACH

Announcement has been made
Of the appointment of Miss Vir-
ginia Rand to the faculty of the
College of Arts and Sciences at
the University of Maryland.
Miss Rand is director of the Mt.
Pleasant Players, and has been
active in District dramatic circles
for many years.
She is a graduate of the School
of Public Speaking and Dramatic
Art of the Syracuse University.
While attending the New York col
lege, she was adjudged the most
popular coed on the campus.
Miss f Ind began her dramatic
career when she attended the Gen.
tral High School, where she was
graduated in 1929.
The Washington times., 1933-09-21
SALESMAN DIES
IN AUTO CRASH

ANNAPOLIS, Sept. 21.-James
C. Simmons, SO, auto salesman,
was killed, and Victor L. Stokes,
sailor in the Navy, was injured
last night when a car driven by
Simmons crashed into a tele-
phone post on Spa Road near
here.
Simmons was driving at a fast
rate of speed and failed to make
right-hand turn, it was said.
The crash broke the pole. Stokes
suffered a fractured shoulder and
badly lacerated head. Simmons
body was hurled clear of the
wrecked car. Both were taken
to Emergency Hospital, where
Simmons was pronounced dead.