davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1933-03-07
Financial News Tickers Stir Offices
In Money Dist rict by Announcement

The Corn Exchange Bank and
Trust Company, one of the city's
greatest financial institutions,
was the second to announce its
reopening. Quickly, over the
financial news tickers, news of
the reopening Of other banks
began suffering on the tape.
Immediately the word Of
Woodin's new regulations reached
New York heads Of business
houses rushed to telephones and
asked if the banks would be
ready to take care Of current pay
rolls. They were promptly as
sured that quick action would be
forthcoming. And without delay
the banks began to reopen.
At 10:45 a. m. the National
The Washington times., 1933-03-07
PLEADS
FOR CERTIFIED
CHECK PLAN
Suggests to Woodin Use of
Medium as Currency to
Meet Bank Tie-Up

NEW YORK, March 7 Q.N.S0.
A proposal to put certified checks
into circulation as a form Of legal
tender pending a decision regard
ing the issuance of scrip was tele-
graphed to Secretary of the Treas
ury Woodin today by Gov. Her
bert H. Lehman, of New York.
The governor asked Woodin to
permit banks to certify checks
for depositors for whatever de-
nomination may be desired. These
checks, so certified by the banks
upon which they are drawn, could
circulate virtually as currency
during the present money crisis,
it was explained.
Governor Lehman said:
II have wired Secretary
WOOdin to give consideration
to the suggestion that banks
be permitted to certify checks
for depOsitOrs for whatever de-
nomination is desired"
At the same time Governor
Lehman revealed that no scrip
will be issued under the New
York State plan, which the Fed
eral Treasury officials have al
ready approved, until after Thurs
day.
Seen as Model Plan
Issuance will be held up until
Secretary Woodin has decided
whether the New York State plan
might interfere with a plan for
issuance of national scrip, which
is now under consideration, Leh-
man said.
Should the request that banks
be permitted to certify checks
for depositors be approved by
the Treasury Department., ad-
visers to Governor Lehman said
it was possible this might serve
as a model for other cities dur
ing the currency stringency.
In explaining the new pro-
posal Immediately to aid the
banking paralysis, Governor Leh-
man said:
"My idea is that people have
bank accounts and that they
want to buy merchandise and
food. However. in drawing a
check against their tied-up de-
pOsits unless the check is certi-
fled the man who gets it does
not know that the writer has
money in the bank.
LIKE CURRENCY"
"Under my proposal, the certi-
fled check when cashed would
be kept in the bank against the
writer's deposit.
II believe that if Secretary
WOOdin approves my proposal,
certified checks would pass just
the same as currency. This sys-
tenn, I believe, would prove an
immediate medium of exchange
pending the engraving of certi-
ficates by various bank clearing
houses.
II think this proposal, if put
into effect, would break the
banking paralysis and would be
effective to substantial de-
gree"
The Washington times., 1933-03-07
CERMAK KILLER
FACES COURT
SM|L|NGLY
Arraignment Put Off Till
Thursday; Trial May
Be Held That Day

COURT ROOM, MIAMI, Fla.
March Z Q.N.S0 .-Arraignment
of Giuseppe 'Zangara, Italian an
archiSt, on charge of first de-
gree murder in the fatal shooting
of Mayor Anton ]. Cermak, Of
Chicago, was postponed today
until 8 a. m. Thursday on plea
of defense counsel for a delay.
Judge Thompson instructed de-
fense counsel to be prepared at
that time to enter plea to the
indictment and it was probable
that the trial would proceed i'm
mediately.
Zangara Seems Pleased
Zangara displayed no emotion
as he listened to the request Of
his counsel for a poStponement
of the arraignment. AS he en-
tered the courtroom under heavy
guard he smiled and laughed,
apparently pleased at the excite
ment his entry caused the spec
tators who jammed the court.
Stolidly, Zangara stood before
the bar while Attorney Louis
Twyman, appointed by the court
for his defense, asked Judge
Thompson to postpone the ar
raignment until Thursday.
Twyman said the swiftness Of
the arraignment had made it
impossible for the defense to
prepare itself.
Judge Thompson agreed to the
postponement inStructing ivy
man to decide on the plea before
then. Twyman agreed, saying he
might be ready to go to trial at
the same time.
Court Room Doors Locked
The court room doors were
locked during the proceedings and
a squad of deputies surrounded
the prisoner.
Judge Thompson ordered all
So cctatorS to remain in their seats
until Zangara was returned to his
cell on the nineteenth floor of the
Dade county Jail.
States Attorney N. Vernon
Hawthorne, who had swiftly sum-
moned a grand jury into special
session yesterday following Ger
mak'S death in the Jackson
Memorial Hospital at 6:57 a. m,
agreed to the postponement after
first asking that Zangara be
arraigned tomorrow with a
f,,rfIo~ do1ou for tho friol
The Washington times., 1933-03-07

through which the German
people will achieve unity and
order, needed today in Germany
more than anything else"
Mr.. Gerard wrote:
Germany is the home Of
anti-SemitiSm. About the year
1850, when the plague swept
over Europe, the Jews, owing
probably to their temperance
and observance Of sanitary laws,
did not suffer to the same ex-
tent as the Christians. In
consequence the Jews were ac-
cused of poisoning the wells
and q wave Of murderOus per.
secutiOh swept over Germany"
The Washington times., 1933-03-07

Expressions of approval were
heard in the financial district.
when, over the ticker at 1O:55
a. m. came this information.
~. p. Morgan and Company
is open for business under the
new regulations promulgated
by the Secretary Of the Treas.
ury."
Almost Immediately the reopen.
ing of the Bankers Trust Com
pany was announced.
No Waiting On Scrip
In reopening, it was under.
stood the banks were planning
to use currency-that is currency
not backed by gold notes. The
banks did not wait for the issu.
ance Of scrip, although some form
OF scrip was expected to soon be
in use throughout the country in
lieu of cash.
The Washington times., 1933-03-07
Livestock Exchange
Oper0teS in Chicn0O

CHICAGO, March Z U.N.SD.
The Chicago Livestock Exchange
will remain open for business as
usual, instead of closing for an
indefinite period at 3 o'clock this
afternoon, Charles S. Schultz,
president of the exchange an
nounced. Definite orders to
Chicago banks to permit the
withdrawal of "old" funds for
use in carrying on the livestock
business were expected from
Secretary of the Treasury Woodin
at any moment.
The Washington times., 1933-03-07
Happy Faces Peer at Bank Tellers
Through Suddenly Opened Windows

born Springfield Credit Clearing
Committee.
A system of merchants and en-
ployers promisSory notes has been
adopted, the notes being issued
in denominations similar to cur
rency. The notes will serve as a
medium of exchange during the
banking holiday.
The Washington times., 1933-03-07

stitutions, announced its reopen
ing shortly before noon.
Others to announce reopening
included Kuhn Loeb & Co., j. and
w. Seligman & Co., and the Kings
County Trust Company.
Price Advance Stemmed
Secretary Woodin's liberaliza-
ton of the banking holiday came
as Americas foremost city was be-
ginning to feel the pinch of the
currency shortage and the col
lapse of credit liquidationS.
The Washington times., 1933-03-07

Luigi Plran- UHNNUN
dello wears a flannel waist
coat which he designed and
patented many years ago. It
has a watch pocket, sleeves,
cuffs, and a collar but he wears
it under his jacket. His per-
sonages in plays and novels al
ways wear it, too, he says.
Guido da Verona, famous for
novels with "sex appeal" wears
high button boots.
The Washington times., 1933-03-07


Erskine, president Of the Jul
lard Foundation, has small
reason to express the hope that
"the Metropolitan would cease
to be a foreign opera house"
Miss Swarthout said:
Both Miss Garden-whO is
responsible for my being in
opera tOday-and DIR. ErSkine
are wrong in assuming that the
Metropolitan is a foreign insti-
tuition given to pushing the tai
ents Of foreign singers at the
expense of our native talent.
"It has been my personal ex-
perience that Gatti- CaIaZza has
actually leaned backward in his
attempts to further the careers
of American Singers-if they
have the requisite talent"
The Washington times., 1933-03-07

the Lindbergh
XII d n a p ing.
has asked the
S u p r e m e
C ur t to
a W a r d h e r
temporary ali
m o ny a n d
counsel fees
pending trial
of her divorce
suit.
Acc ording
to the COM
n1aint r 0S-
ner is alleged
to have evict-
ed his wife
The Washington times., 1933-03-07
new YORK BANKS REOPENED
At ONCE FOR BUSINESS
UNDER WOOD|N ED|CT

The exact language of the rul-
ing follows:
"Any national or State bank
ing institution may exercise its
usual banking functions to such
extent as its situation shall
permit and as shall be absO-
luteIy necessary to meet the
needs of its community for
food, medicine, other necesSi-
ties of life, for the relief of
distress, for the payment of
usual salaries and wages, for
necessary current expenditures
for the purpose Of maintain
ing employment, and for other
similar essential purposes"
The order to the banks per-
mitting Withdrawals for payrollS
and other necessaries is effec-
tive Immediately, and the banks
can proceed without delay.
Regulatory Features
Other features Of the regula-
ton follow:
'NO State banking institution
shall engage in any transaction
under this regulation which is
in violation of State or Federal
law, or Of any regulation there
under.
"NO national banking asSOcia-
tiOn shall engage i'm any trans
action under this section which
is a violation Of any Federal
law or Of any order or regula-
tiOn issued by the Comptroller
Of the Currency.
''NO gold or geld certificates
shall be paid out.
Each banking institution
and its directors will be held
strictly accountable for faith.
full compliance Wit. the spirit
and purpose as well as the let
ter Of this regulation"
Other Provisions
Other regulations pertaining
to the banking holiday were
announced as follows:
1. where settlement for
checks charged by drawee in
stitutiOns to the drawers &C.
count on its books on or be-
fore March 4 is incomplete,
settlement may be completed
where such settlement does
not involve the payment of
money or currency.
2. ANY banking institution
may deliver to the person en-
titled thereto properly iden-
titled documents and secur-
tiles held by such institutions
for safekeeping.
3. Any bank having a branch
in a foreign country may de-
post collateral in the United
States to secure advances to
such branch in q foreign
country, provided such tranSac.
ton does not involve any
transfer of credit from the
United States to a foreign
country and eny bank having
a branch in an inSuIar DOS
session Of the United States
may deposit United States Gov
ernment securities or other
collateral for a similar DUR
pose when under the Pres
ident'S proclamation advances
Of local currency in the insuIar
possessions may lawfully be
made.
WOOdin Sees Roosevelt
Secretary Woodin spent a con-
siderable time in conference with
President Roosevelt at the White
House this morning, going over
the general situation, with
particular reference to the scrip
plan operations.
The President did not 60 TO
the executive offices, but re-
mained in his second floor study.
, ROnnonSnn
The Washington times., 1933-03-07
Continued from Page y

((OneInue0 from rage ~
operation, and it is because Of
this that the Treasury is moving
cautiously about getting it started.
Treasury officials want it to
function smoothly at the outset,
as frictionlesS operation would
tend to promote public confidence.
{ Examiners Findings Awaited
AS was the case yesterday,
Washington was flooded today
with inquiries from all parts Of
the country, from bankers, gov
ernors of States, and business
men.
Rumors abounded on all sides
as to how much the Treasury
might permit to be withdrawn
from banks when the holiday is
lifted Friday. But on these spec
ulative points, the Treasury Off
cialS shook their heads.
Federal bank examiners are
now engaged in ascertaining the
state Of bank liquidity through
out the country, and probably no
decisions will be arrived at until
some estimate Of their findings
is made.
The regulations for scrip, which
were telegraphed to the Federal
Reserve banks, provided that the
clearing house associations will
not be permitted to issue the
certificates if the Secretary of
the Treasury decides that such
issuance Is inconsistent with a
possible broader plan that may
be evolved later.
WOOdin Praises Public
Officials said that scrip of this
character should be acceptable in
interstate trade, since it is backed
by the. liquid assets of banks
and underwritten by the clearing
house associations.
Creditors and depositors in the
various banks will receive a cer-
tain percentage Of amounts due
in the new medium of exchange.
It is believed that bank credi-
tors will receive a percentage of
their deposits equal to the liquid
asset backing of their deposits.
Woodin declared that the cour-
ageouS disposition of the people
in the present emergency was
wonderful and has acted as a
powerful stimulent to those in
authority who are trying to work
out the many problems confront
ing the nation.
Regulations are being prepared
permitting banks to continue to
act as trustees and administra-
tors Of estates and to register
stocks and bonds.
State Scrip Plan Approved
Governor Lehman of New York
was informed that the State scrip
system proposed there had the
approval Of the Treasury. It was
understood here, however, that
this system was not ready to be
put into effect Immediately. Of
ficialS said the New York city
scrip system would be covered by
the TreaSury's general regula-
tions.
Secretary of the Treasury
Woodin ruled that any bank may
exercise its usual functions, to
such extent as the community
situation necessitates, to meet the
needs for foods, medicines, other
necessities Of life, relief of distress,
and for the payment of wages
and salaries necessary for cur
rent expenses, and for maintain
ing employment during the bank
ing holiday.
The regulation provided that
every precaution shall be taken
to prevent boarding, or unneces-
Sary Withdrawals of currency.
The Washington times., 1933-03-07

Foodstuffs for which cash had
to be paid were showing tenden-
cies to advance but, upon the
banks reopening, this situation
returned to a normal state.
Another effect of the banks re-
opening was to break gold hoard
ing. At one bank it was an
nounced that persons who had
been putting gold away we're
bringing it in for deposit. Conf
dence seemed to have been almost
roiracn1OllSlv restored.
The Washington times., 1933-03-07

letters cling
to in dress.
G a b ri e le
d. A n nunzio,
the great poet,
still W e a r S
W h i tie XII d
gloves, t h e
same he wore
80 years ago;
Giannino Ira
verSi is faith
full to those
shiny boots,
an archaic tie,
and a pointed
collar.
T11Oi Diron
The Washington times., 1933-03-07
MiIIionaires Use Scrip
For Tips in Hotel

PASADENA, Calf, March Z
G.N.S0.-Finding themselves tenn
porarily without cash because of
the bank holiday, a score or more
millionaireS today were gratefully
using scrip printed by the Hun
tington Hotel.
Frank B. Kellogg, former Sec
retary of State, was among the
notables using the makeshift ten
der.
The Washington times., 1933-03-07

1913 to 1918,
c o nmenting
on the pres
e n t political
situat on in
Germany, de-
clares in an
article in the
Freeson Mag
a z i ne, pub
liShed month
ly by the Free
Sons of Is
rael, that a
monarchy in
G. e m a n y
might prove
"the medium
The Washington times., 1933-03-07

the Metropol-
itan o p era
Co., does not
share the be-
lief of her
operate god
mother, Mary
Garden, that
"the M e t :"
would do we'll
to establish it.
self on more
of an ALL
A m e r ic an
basis.
S h e like
wise believes
fhot mr. .Tohn
The Washington times., 1933-03-07
Oddities of Italians
Named in Almanac

ROME, March 7 G.N.S).
Bompiani's Literary Almanac,
the who's Who?" of Italian
modern letters, has a novelty
this year in descriptions Of
what famous Italian men of
The Washington times., 1933-03-07
CONDITION. OF TREASURY

Treasury balance, $158,527,671.-
08 expenditures, $7,925, ,085 As;
customs receipts. $1,93O,870.76.
N. Y. Produce Receipts March !
Butter, 1000 packages.
Eggs, 1851 cases.
Cheese, 343,964 pounds. !,
The Washington times., 1933-03-07
Promisory Notes
Used as Currency

SPRINGFIELD, ILL.,, March 7
1N.SD Business proceeded as
usual here today with perfection
of a new credit plan by the new
The Washington times., 1933-03-07

from their apartment. Imme-
diately afterward Mrs. Sylvia
HerShkowitz, wife of an attor-
ney, moved in apd replaced her.
Mrs. Rosner rlarges. Rosner
denies his Wife's charges.
The Washington times., 1933-03-07
Gerard Believes Monarchy
Might Aid Germany

NEW YORK, March 7.
James w. Gerard, United States
Ambassador to Germany from
The Washington times., 1933-03-07
Wife of Lindy Emissary
Says He EVicted Her

NEW YORK, March 7.-Mrs.
Ethel RoSner, wife of Morris
Rosner, underworld emiSsary in
The Washington times., 1933-03-07

ARE certificates
international News Photographic Service
The Washington times., 1933-03-07
TUGWELL APPOINTED

President Roosevelt early last
night appointed Rexford Guy
Tugwell, of New York, to be AS
sistant Secretary of Agriculture.
The Washington times., 1933-03-07
USE OF SCRIP STARTS ON FRIDAY PEG
PEOPLE
Who Interest
You and
What They
Are Doing
Singer Denies MET" Caters
To Foreign Singers

NEW YORK, March T.
Gladys Swarthout, young Deep
water. No. meZzO,SOprano Of
Evening star., 1933-10-02
Blueshirters Lose Shirts.

Members of the National Guard, the
new Blueshirt organization, in the
Southern part of the Irish Free State,
are being baited by irresponsible youths.
In Cork a gang Of nearly SO went
through the streets hunting for Blue
shirts: At one corner they met three
Blueshlrts and Immediately attacked
them, and the shirts Of the National
Guardsmen were torn Of before they
escaped. Many other Blueshirts have
gone home shirtless.
Evening star., 1933-10-02
Boy Scouts Help India.

Many miracles are being worked in
India by the Boy Scouts movement,
and it is rapidly growing. The Nizam
OF Hyderabad has ofncially irdorsed it
and has used its principles in some re-
narkable experiments The movement
has been introduced among tribes Of
professional criminals in British India
with promising results. A camp held
recently in Lahore was attended by
members Of every caste, creed and COM
munity in Northwest india, including
300 boys from 4 criminal tffbes Set$le-
ment.
Nogales international., 1933-12-23
MANUEL MASCARENAS, I'll. AND
SISTER, MARIA LUISA, KILLED
Prominent Couple Meet Death In Automobile
Accident On Nogales -Bsbee Road While
Enroute To Ell Paso
tulsa MascarellaS, %.

Luisa MascarenaS, %.
Enroute to Ell Paso to bring their
brother, Rene, here to > spend
Christmas, a car driven by Manuel
turned over between Tombstone
and Bisbee and brought instant
death to he and his sister.
Accompanied by Paul Green, 33,
of Pittsburgh, Pa, radio engineer
for the Westinghouse Company,
the couple left Nogales at 7o'clock
yesterday morning. The accident
happened about two hours later.
While MaScarenas was removing
his gloves the left side door of the
automobile flew open and in reach
ing for it he lost control of the
car and it turned over several times.
Manuel and Luisa. were son and
daughter of Manuel Mascerenas Jr.,
collector of customs in Nogales,
Sonora, and were nephew and niece
If Mrs. Louis Fleischer of Nogales
and Alberto Mascarenas Mexican
ambassador to England.
Their grandfather, Manuel Mas
carenas, ST., now a resident Of
(T>urn to Page 49,
Nogales international., 1933-12-23
LEO COLTMAN
SHOOTS SELF

Apparently grief stricken over the
death of his mother, Mrs. Mollie
Coltman who passed away In No.
gales on May S of this year, Lee
Coltman. %, shot himself to death
at the home of a friend, James w
Mcmillan, in st. Louis, Mo, Tues
day night.
Young Coltman former manager
of Ell Bazaar Store in this city, NOV
ed to st. Louis with his brother
William, about six months ago,
Their sister. Mrs. Dorothy Lieber-
mann resides in st. Louis. Their
father was the late Ben Coltman
of this city.
Leo was a brilliant student in
the Nogales schools. He was always
four or five years aheads Of his age
in intelligence tests in the schools.
Funeral services were held in st.
Louis Thursday morning, interment
in that city. ~
Nogales international., 1933-12-23

WASHINGTON, Dec. % (Auto-
caster)-As the hour approaches
for the session of Congress, which
will meet on Jan. 3, the air OF
washington is full of politics OF
one sort or another.
One phase of the political situa-
ton which is arousing much inter-
est is the effort under way to re-
vitalize the Republican party. 1t is
no secret that the G. 0. P. is bad
ly split. If other proof were lack
ing, it's. lamentable failure to Or
ganize an effective campaign for
Mr.. Hoover's reelection last year
would be enough.
The men in control of the party
machinery, with few exceptions,
were not heartily for Mr.. Hoover.
Nogales international., 1933-12-23
"NOCALES SITTING ON TOP OF
WORLD. SAYS HUGO MILLER
COMMENTING ON 641zc Sill YER
President Roosevelt Orders Formal Ratification
Of London Silver Agreement; Will Pay
64h Cents An Ounce

the world, according to Hugo
w. Miller, the well known Mo-
gales aSSayer.
Under the Presidents order the
government will pay "a " cents
an ounce for. the silver which is
half of the legal price and about.
10 cents above the current market
price.
"This proclamation, said the
President in a formal statement ''in
accordance with the act of congress.
opens our nints to the coinage Of
standard silver dollars from silver
hereafter produced in the United
States or its possessions, subject to
he depositors of such silver surren-
iering to the government one half
of it as seigniorage and cover all
usual charges and expenses.
"The dollars coined from half,.of
such newly mined silver will be re-
turned to the depositor. The half
surrendered to the government will
be retained in the treasury"
The production of the United
States for 1882 was approximately
"a ,000 900 ounces of silver.
The London silver agreement re-
quires that the United States, Aus
tralia, Canada, Mexico and Peru
should take silver from the produc-
ton Of their respective mines to
the gross amount of $S5 900 900
ounces annually for four years.
"The Presidents step is just what
I have been advocating for the last
three years, said Assayer Miller,
yesterday. IT advocated 81 cents
and have only missed it by az
cents. This proclamation shows
mighty good judgement on. the part
Of the Administration"
"The new price of silver means
that Nogales is now sitting on top
Of the world for we are right here
in the center of the richest silver
producing region in the entire
world. It's the making of Nogales. :"
"Silver should make a lot of us
rich around here. The Presidents
proclamation is about the best news
this community has ever received" !"
Miller, in advocating just the sort
of a step taken by the President,
spoke some time ago on the subject
before the Nogales Rotary Club and
, his address was published in the
Arizona Mining Journal and other
mining papers.
81 Mines To Reopen
Mines. long idle in the Patagonia,
! Harshaw and Ruby districts, will
reopen Immediately, employing hum
dreds of men.
Nogales international., 1933-12-23
METHODIST XMAS
PROGRAM TONITE

The First Methodist Church will
present its annual Christmas en-
tertainment Saturday at 7:SO in the
auditorium of the Church. The
Christmas committee, of which Mrs.
Lillian Chatham is chairman, has
arranged the following program:
Opening song: Joy To The World,
church school.
Prayer, w. v. Stewart Supt.,
church school.
Welcome: Pat Moore.
Recitation: Herbert Chatham.
Song, Merry Christmas: girls,
junior dept.
Recitation, Holly Berries; primary
class. >,,,
:: Piano solo, Parantelle; Betty WAL
ker.
Recitation; Robert Marlin.
Vocal duet; Lillian Owen, RATHER
inc Todd.
Christmas Tree; Juniors.
Vocal solo; Georgia Tibbe.
Recitation; Robert Marlin.
Song, Old Mr.. Clock; girls, junior
dept.
Duet, violin and piano; Lilliau
Chatham, Evangeline Stewart
Closing song, All Hail The Power
OF Jesus Name; church school.
Santa Claus.