davidaulloa/AmericanStories huggingface dataset:
Evening star., 1933-07-25
PANIC PREVENTION
MEASURE FORECAST
Senator Steiwer Sees New Legisla'
tion to Restrict Abnormal
Shrinkages.

~ the Associated Press.
Senator Steiwer. Republican. OF
OREGON, q member Of the Banking
Committee. today forecast legislation by
the next session Of Congress to minimize
the possibilities Of q recurrence Of "the
panic OF 1929 and the past weeks ex-
perience with its abnormal shrinkage
Of prices"
After asking Ferdinand Pecora. COM
.Mittee counsel. to determine causes Of
the recent stock slump Steiwer-propOsed
that business leaders and economists
study three propositions for considera-
ton next session. They we're:
Preparation of . simplif1ed form
Of corporate returns to be used by all
corporations, reporting to the Treasury,
%. that the reader could tell approx
mately the liquidating value Of all
classes Of securities in any corporation
Ut the time the return was made
An adequate curb on short selling.
"A prohibition of the directors Of
any corporation increasing. decreasing
or suspending the payment Of dividends
without first securing from the stock
holders . 60-day prior authorization"
Evening star., 1933-07-25
SW|NDLE IN GRAIN
CHARGED TO BUCK
Edith Freas, Clerk, Convicted
With Him Here, Indicted
in Baltimore Also.

Benjamin r. Buck and Edith Freas
were indicted in Baltimore yesterday in
connection with an alleged $500, 900
grain brokerage swindle. three months
after their probation expired In the Dis
trict on a somewhat similar offense.
The two had pleaded guilty on
charges Of conspiracy growing out Of
bucket shop activities here and were
given two-year suspended sentences in
District Supreme Court during May,
1891.
Bail Fixed ut $4,000.
Buck and Miss Freas were indicted in
Baltimore with Harry L. Williams.
Buck is now in Jail at Baltimore in de-
fault of $4,000 bail, fixed following his
arrest last week. The woman and vii.
liams are believed to have come to
Washington and were being sought by
local police
Williams also was indicted here, but
the charge was nolle pressed.
According to Baltimore police, Buck
and Williams operated under the name
Of the Del-Mar-Va Grain Co., and the
woman served as a clerk in their ofhce,
which closed after the investigation
opened several weeks ago.
Two Complaints Against Them.
They are accused in the presentments
Of obtaining $20,52 from DR.. Paul Allis,
Lewiston, Pa. and $7921 from Harry
M. Rosenbaum. Easton, Nd, both of
them complainants.
The latter told police they purchased
grain futures for sale to legitimate
houses and expected large profits on the
transactions. Allis and Rosenbaum
found the ONCE closed when they at
tempted TO collect on their investments.
The trio is alleged to have opened
an office in Baltimore shortly after Buck
and Miss Freas received suspended SEN
tences in District Supreme Court
Evening star., 1933-07-25
SECOND SUIT FILED
IN ROAD CUSTER CASE
J. W. Barnett Asks That J. ]
Nangham Be Removed From
Highway Board.
BY the Associated Press.

BY the Associated Press.
BUCHANAN. Ga. July 25.-Another
law suit growing out of Gov. Eugene
Talmadge's martial law custer Of two
highway board members was filed here
yesterday by j. w. Barnett Of Athens.
who asked that J. J. Mangham Of
Bremen be removed from the board and
be required to deliver possession of the
ONCE to Barnett.
The legal action was set for hearing
ut 10 am. August 2 in Buchanap by
Judge James r. Hutcheson Of the
Haralson Superior Court.
Barnett. who was ousted from once
along with w. c. Vereen Of Moultrie,
after the two board Members had en-
gagged Gov. Talmadge in prolonged
budget dispute. said he is the lawful
chairman. and q lawful member Of the
State Highway Board" He was phys
ically deprived" by Adjt. Gen. Lindley
Camp Of his right to 60 on the
premises of the highway department"
A COPY Of the commission issued to
Barnett by former Gov. L. g. Hardman.
dated to begin April l, 1880. and to ex-
pire June S, 1885. was attached to the
petition as an exhibit. The Governor
has said all along that Barnetts term
does and will expire on December 81
of this year. .
Attorney General M. ]. Yeomans OF
Georgia Is expected to represent Mang-
ham in the proceedings.
Evening star., 1933-07-25
NEW YORK STOCK
EXCHANGE ORDERS
SATURDAY CLOSING
Continued From First Page.)

Stocks closed above their lows. but
losses of 81 to 81 or more were nu-
merous. especially. among the wet"
issues.
Final quotations Of some leaders in
cluded:
Anaconda, ST, OF 81: General Mo-
tors, $3.50, OF SO cents; Santa Fc.
$61 so, OF $1.25; New York Central,
S41.75. OF 81; Westinghouse, $42.50. on
$2.25; Goodyear, $35.75; OF $l.25:
standard Brands. $26, OF 81; Ameri-
can Telephone, $l22, Oh SITS; Indus
trial Rayon. $50. on 81; National Ds-
tillers, S7l.75, OF $625: United States
Industrial Alcohol, $3.50, on IS; Cerro
de Pasco. $2o.75, OF S2,37; Delaware
q Hudson. $73, Oh $2.75; American
Commercial Alcohol, $39S7, OF $2.l2:
Commercial Solvents, $30.25, on $3.50;
United States Steel, $54, on 81 cents;
western Union, $50, OF $3.S7: Case.
S65, on -. Allied Chemical was up
81 50 1T Sis and Union Pacific gained
50 cents net to 3ll425.
j Cotton futures had net losses Of 50
to IS cents bale.
Evening star., 1933-07-25
SCENT DAILY LIMIT
ON PRICE CHANGES
FIXED FOR WHEAT
Continued From First Page.)

the grain situation as Of an emersenc"
nature and waive part of the cuStomary
notice period.
Peek yesterday submitted this group
Of questions, which he said indicated
some of the elements in grain marke---
ing which administrators believe are in
need Of correction:
l. What was the cause of the recent
collapse in grain prices?
2. What were the means at hand by
which the grain exchanges had hoped to
prevent overspeculation and q crash of
prices such as occurred on July 19
and 20?
3. Why did these means fail?
A. Were the reports on short selling
and open trades received by the Chi
caso Board Of Trade of any value?
B. Were the reports carefully scruti-
nized for dangerous lines? Was short
selling . factor?
c. Could not the rule limiting fluctua-
tions have been invoked to advantage
before the crash instead Of aftervard?
4. What steps are now proposed by
the grain exchanges to prevent similar
occurrences in the future?
Secretary Wallace, who joined the
conference briefly. told the conferees
that President Roosevelt lis especially
interested in your efforts to solve the
problems in the grain trade. and the
President is especially anxious that the
movement CT values proceed in an or
derly fashion"
Peek's threat to invoke the powers
given him by the farm act to prescribe
a code If the group were unable to
agree caused a stir among more than 80
representatives of exchanges, terminal
and country elevators and millers who
attended the meeting.
Under the farm act. administrators
have authority to lay down rules gov
erning the marketing Of farm COM
modities and to enforce them If neces-
sary by invoking a licensing power
which would make any concern. violat-
ing their rules subject to a daily fine
of $1,000.
Charles j. Brand, co-administrator,
told the group that the Nation lis not
going to invest more than $l00, ,00O, 900
in production control and let the mar
keting Of grain 60 in the same old way
This country will not spend $780,
000.000 on production control If the re-
suit Is to stimulate speculation. We are
going to have orderly production and
We must have orderly marketing
This is the chance of a lifetime to
put the entire grain trade from growers
right on through to the consumer into
an orderly position that they have never
had in the past"
Evening star., 1933-07-25
GIVE POSTS PLANE TO MUSEUM.
EDITOR WHO BACKED TRIP URGES
Walter Harrison Would Put Craft Alone-
side Lindberghs Spirit of St. Louis
In Smithsonian.

why should it?" said he. Records
are made to be shot at. This one won't
last because know faster trip in good
weather would be q cinch. The next
fellow who makes a round-the-world
cruise will follow radio around He will
60 through all kinds Of weather and
land and take-off blind. We can see
that for next year. sure.
"High-altitude ships for speed will be
the next step. Stratosphere planes will
be jamming through the. high ether
four and five miles up sooner than you
know. can visualize q plane of 400
horsepower doing 800 miles an hour at
10000 feet. This will be accomplished
by big, three-bladed propellers of va
riable pitch, super-charged motors
sealed cabins with oxygen supply for
the pilot"
Only One Mark on Hull
Close inspection Of the Winnie Mae
shows that the only mark on her sleek
hull was made by residents Of Fiat,
Alaska, who couldn't resist the tempta-
ton to get . place in history. The
names Of Posts scheduled landings
were printed in purple ink on the side.
Nome had been scratched out and the
name Flat substituted alongside. Post
ordered, the mechanics cleaning up the
ship to paint the name Fiat in the
crude scratches.
Out of the greasy cockpit Post dug
an oil-soaked package. It contained Q
Colt IS. with long barrel and 800 rounda
Of ammunition. That was a safety first
measure for . crash In the Siberian
wilderness, which Post didn't have to
use. -
I asked Wiley If he ever had any
thought about his personal risk
whether he was trying to save his hide.
He answered that he didn't want to
do anything that would make him look
looked bad II I had killed myself on
this trip. he said. casually.
tCopyrishts 1aa3.s by North American News
Spaper Alliance. Incl
Evening star., 1933-07-25
SETTLE is HONORED.
Chssen without Elimination In Balloon
,. Race.

Chssen without Eliminat tion In Balloon
!. Race.
balloon racing precedents have been
upset by the announcement that the
Navy Department, at the invitation of
the National Aeronautic Association.
has appointed an entry in the Gordon
Bennett international balloon race with
ost the formality Of a national elimi
nation contest
The honor fell to Lieut.. Comdr
Thomas G. ". CTex) Settle, native Of
the District of Columbia, winner Of last
wars international race and pilot
chosen for the stratosphere flight soon
to be started at Chicago in an effort
10 climb IL miles above the earths sur
face.
Z Settle is one Of the few men In the
world to hold licenses permitting him
I'd ny all types Of aircraft. He not
only is one Of the worlds greatest bal
loon pilots. but also is qualified to fly
U. 8. s. Macon: airplanes of all serv-
ice types and gliders. He is one Of
the two men who have flown gliders
rom . Navy dirigible. having made
his fight from the Los Angeles. cut
ting loose over Washington and landing
It the Anacostia Naval Air Station.
e sComdr. Settle now is In Chicago
making hnal preparations for his
stratosphere flight. He Is regularly as
Signed to duty as naval inspector at
the Goodyear Zeppelin factory, Akron,
Ohio, and was inspector in charge there
curing construction Of the Macon.
4. The international balloon race Is to
he fiown from Chicago September ].
), Decision not to hold the national elini-
nation race, flown annually ever since
the Gordon Bennett was established as
4 means Of selecting American entries
fa the international meet, was in line
With the Federal economy plan.
: The National Aeronautic Association
also has invited the Army Air Corps
and the Goodyear interests to appoint
, balloon teams to represent this country
:. IN the Gordon Bennett race, brought to
the United States this year as q result
d Bettle's victory last year in the race
- Basic, Switzerland.
Evening star., 1933-07-25
WIFE PLEDGES WORD.
Mrs. Urschel Promises Not to Prosecute
Kidnapers.

OKLAHOMA CITY, July IS R.-"I
will deal with you myself"
These terse words comprised the mes
sage Mrs. Charles F. Urschel asked the
Associated Press today to offer the
criminals who kidnapped her husband
from the family home Saturday night.
To her husband. If the kidnapers
allow him to read newspapers. Mrs.
Urschel asked that these hearteninR
words be sent:
Il am not prostrated. We are doing
everything that Is humanity possible to
bring about your return"
Amazingly self-pcssessed. Mrs. Urschel
sat, in the sun parlor of her tragedy
shadowed mansion-the same. room
from which two men abducted her hus-
band Saturday night.
We have let the kidnapers know in
every way We can that we are ready
to negotiate with them" she said Il
want you to tell them that they can
get in touch with any one of the men
here in the house.
II they don't want to do that. tell
them that will deal with them my
self, and I can do it.
Tell them the officers will remain
completely away from the case. Tell
them they are not even keeping q
secret watch on the house They can
safely get in touch with US"
He must know it already, but I
would like for Charles to know that we
are going about this as calmly and as
quietly as We can. We are doing every
thing possible"
She spoke quickly. directly. in an
even voice that revealed no strain. Only
dark rings beneath her eyes told Of
sleepless worry.
Il want them to believe me when I
say We will make no effort to run them
down or to prosecute" she said. Il
want nothing but the return Of Charles;
unharmed
Urschel and 4 friend Walter r. Jar
rett. were kidnapped from the Urschel
home Saturday night as they were
playing cards. Jarrett later was re-
leased and was reported to have identi-
fed q police photograph as that of one
Of the kidnapers. The name of the man
was not made public.
Evening star., 1933-07-25
Safe Driving Hint
Turning Radius

Rare Is the driver who knows,
except IN . general way. the
turning radius Of his car. Many
accidents are caused because Of
this lack Of knowledge.
The lesson is really one Of the
simplest among the many that q
good driver should learn. The
easiest and most effective way is
to get out somewhere in a suf-
ficiently wide space and have
some one mark your turning ra-
dius with chalk.
Make the shortest turn possible.
Then get out of your car and
study the line. You will probably
find the curve much wider than
you expected, and q study of the
chalk mark will convince you
quickly that there are well de-
fined limits to what you can do
with the steering wheel In turn
Ing
The experience shoule prove
mighty helpful. particularly for
the beginning driver. Try It out
at your first opportunity.
= National Safety Council.
Evening star., 1933-07-25

II you read the publicity handouts
from Interior Secretary Ickes you may
believe there is nothing to investigate.
to work by October /; four to five
million within a year.
Three Million Predicted.
That makes nice headline but
those on the inside know it Is easier
to say than do.
The con nfdential figure ,oorked out
by the pr0tessorial duette is three
million to lDork il and Uhen possible.
That seems to be the MAXIMUM err
pectation from the public aOorks en-
dearor. 1t po1.ld allotU for $1,000
per man.
The maximum expenditure can hard
then.
Comparative Figures.
The census Of 1929 showed nearly
IS, 900 .0O0, ,0eo was spent on construc-
tion that year. Only 828 900 men were
employed. How they can get four
times as many men to work by spend
ing half as much money now is the
inner problem Costs are lower but
not that much.
The naval building phase Of the
program will bring the quickest results
The Government will spend S23S, ,000,-
600 directly. But when the first man
will 60 to work is yet In doubt. It
takes two years to build q battleship
The keel is rarely laid until months
after bios have been called for.
You con readily imagine the de-
lays to be encountered lDith loans
to States and municipalities II
they Want to giUe three billions
o,C0y, they CON put men to icork to-
morro1p. But it sensible plan is
to be tollotUed fand it ,CiH be-, YOU
need not expect any miracles.
This does not mean the boys back
stage are morose. 1t means only that
the extravagant statements you hear
nowadays are to be taken with 4 grain
of salt
Under normal conditions 20 per cent
OF the total expenditure will 90 for
labor and so per cent for materials.
That means the Government itself is
becoming . big purchasing power.
This power should furnish indirect
employment which cannot be measured
Evening star., 1933-07-25
POLITICAL AMNESTY BILL
PENDS IN CUBAN HOUSE
BY the Associated Press.

By the Associated Press.
HAVANA, July 25.-A bill granting
amnesty for political offenses since 1927
and described as . forerunner Of q pre-
dicted restoration of suspended consti-
tutional guarantees in Havana Province
was set for consideration today by the
House of Representatives after the Sen
ate passed 1t, 20 to 4.
A message from President Machado
introducing the measure said new ten
denotes toward peace and reason have
now appeared, SO he can again ask for
amnesty and the restoration to their
civil status Of political prisoners.
Opposition leaders indicated that with
the return of civil rights they would be
willing to consider steps IN the media
ton program Of United States Amoas-
Sador Sumner Welles.
Evening star., 1933-07-25
HOME loan BANKS
OPENING DELAYED
Stevenson Appeals to Mort.
gage Holders to Accept
Bonds in Defaults.

Although ONCE space for the District
Home Owners Loan Corporation has
not yet been obtained, Charles A.
Jones. Washington manager for the Or
sanization. Is working out other details
on the formation Of his headquarters.
30 that when the ONCE is opened he
will be prepared to proceed with his
duties
Delayed again yesterday through in
ability to gain an audience with the
Federal Home Loan Bank Board for
final approval of his ONCE selection,
Jones was to 60 before the board today.
In . radio address last night. Chair
man William r. Stevenson of the Home
Loan Bank Board made an appeal to
the holders Of mortgages on American
homes to exchange them for bonds of
the 81 200 .0o0, 900 Home Owners Loan
Corporation in defaulting eases.
s2se.ees.0es Cash Available.
He explained that II all the mortgage
holders insist on being paid In cur
rency. the corporations cash fund of
5000. 900 900 will 60 only little way
toward relieving the situation:
THE general acceptance Of the bonds
will do Q wonderful work and assist to
remarkable degree the recovery Of
business, the stability Of the home and
the preservation Of civilization" he
added.
IF the mortgage will just consider
the situation he will be in, If such
hall n~t
he will give favorable consideration to
my plea and join hands with the Presi-
dent to accomplish this most laudable
aim, probably the most humanitarian
and far-reaching in importance Of any
Of the wonderful moves which he has
projected in this stupendous work he
Is doing to rehabilftate the PROSTATE
business structure Of the premier nation
Of the world"
.Stevenson said 1t Will cost the Gov
ernment $40 ,000. 900 year to bring aid
to the distressed home owners of the
nation through the Home Owners Loan
Corporation.
This money, he explained. will be
spent for salaries and expenses.
Eight Limitations Set Up.
The chairman said eight limitations
were imposed on loans under the law,
as follows:
/. The lien must have been of rec
ord on the house on June l3 when the
legislation was enacted
?. The property must not exceed
$40, 1000 in value.
3. The loan cannot exceed 80 per
cent of the appraised value If the loan
is made in bonds. nor can it in any
event exceed $4,000.
I. The loan If made in cash fwhere
the creditor will not take bonds) can
not exceed 40 per cent Of the value Of
the property.
S. II the loan is made solely to pay
taxes. where there is no other lien. 1t
cannot exceed so per cent of the value.
g. The borrower must be unable. in
the judgment Of the corporation, to OBJ
tain relief elsewhere.
Z. The loan must be secured by .
first lien on the home.
8. It must be occupied by the owner
as Q home or held as a homestead and
not designed for more than four fami-
lies.
Evening star., 1933-07-25
By WALTER M. HARRISON.

NEW YORK, July Is (NA.N.A).-
have q pet idea that Wiley Posts old
Winnie Mae, which has twice girdled
the globe, ought to be strung up to the
roof the Smithsonian Institution in
Washington, alongside Lmdbergh'a
squatty Ryan, with which the colonel
thrilled the world when he jumped the
Atlantic to lie Bourget.
The Winnie Mae has more records
today than any other plane In the
world. She Is 4 part of history. There
are thousands Of miles in her trim body
yet. Post wouldn't part with her today
for anything. He has Q nebulous idea
for further fields to conquer. .
But aviation is coming along. Soon
Post win want something speedier and
modern, IN the terms Of 1885. When
that time comes, want to have $40. 600
to buy the Winnie Mae In the name OF
the State Of Oklahoma and make q gift
Of her to the United States.
Sees AS-Hour Flight.
Wiley can take that money and get
the last word and 60 out for the moon
or Arcturus, or who knows-around the
globe In 48 hours?
Post thinks the Idea IS sven. but
doesn't believe there is that much loose
money Ia Oklahoma
Post doesn't think he has accomplished
much for aviation. He says everything
he did has been done before. Nor does
he think his record will stand for any
great time.
Evening star., 1933-07-25
RAIN AIDS PART OF OHIO
Helps Northern Sector, but South
ern Territory Unrelieved.

! COLUMBUS. Ohio, July rs i,R.-
Mach needed. rain saved farm, crops
In Northern Ohio from further drought
damage yesterday, and brought q big
drop In temperatures, but the South
ern part of the State generally re-
mained parched and heat-stricken.
Temperature dropped as much -
80 degrees, to the lower 70s, in the
areas which received the rainfall, but
elsewhere temperatures were again re-
corded between 80 and 105. Seven
deaths have been attributed b the
hest W1Ee in various :; parts pf the
State.
Evening star., 1933-07-25
REBEL PLOT NIFPED.
Anti Musselini Papers Found on Italian
-, Cruiser Aiding Babe.

LISBON. Portugal July Is (R.-Po-
lice stopped the distribution Of Com
munist pamphlets today among the
crews Of four Italian cruisers in these
waters for duty If Gen. Italo Balbo's air
armada takes the southern route across
the Atlantic.
The pamphlets advocated revolution
against the Mussolini Fascist regime.
The authorities declared there was q
large-scale plot to incite the sailors to
rebel. :.
Several arrests were made and the
printing establishment from which the
pamphlets came was closed.
Evening star., 1933-07-25
Symphony Leader Arrives.

NEW YORK. July IS R.-Paul
Kirby. conductor Of the Vienna Sym
phony Orchestra. arrived from Eur pc
last night on his way to Chicago, whkre
he II to help the worlds rak Com
Austria day, August III
Evening star., 1933-07-25
Typhus Closes Dance Halls.

SANTIAGO, Chile, July Is P.-
Public dances were prohibited by au-
thorities yesterday and billiard halls
and indoor swimming pools ordered
closed on account of the prevalence
Of typhus. Sanitation officials ex-
pressed the opinion that the number OF
.ases was decreasing. but determined
o continue precautionary measures.
Evening star., 1933-07-25

Oklahomans, proud Of the feat Of
an adopted son, Wiley Post. in his
solo flight around the world. pro-
pose that Posts plane, the Winnie
Mae, be given to the Smithsonian
Institution The proposal is outlined
in the following dispatch by the
managing editor Of the Oklahoma
City Oklahoman. which helped A.
nance Posts flight.
Evening star., 1933-07-25
MORAN GANGSTER HELD.
Loss Of Beer Revenue Seen as Cause Of
Kidnapings.

CHICAGO. July Is R.-Federal
agents working on the Government s
probe of the kidnapping racket today
brought in Leo Mongoven. public
enemy and a member of the Bugs"
Moran gang.
Melvin H. Purvis, Bureau of Investi-
CATION chief, said he would question
Mongoven in connection with the kid
nap plots Matched recently against sew
eral Chicagoans.
Purvis said the Moran gang remnants
have turned to kidnapping to replace
the revenue they once enjoyed from
beer.
Mongoven was one of the few Moran
gAngsters who escaped death in the
bloody warfare they waged with the
Capone gang for underworld power in
1929. which eliminated in the seven
murders Of the st. Valentines day mas
sacre.