davidaulloa/AmericanStories huggingface dataset:
Evening star., 1933-09-08

Of insurance Of bank deposits d to
prevail The people ere entitled to it.
The whole fund for such insurance
could be obtained from an assessment
on the banks Of one-tenth Of ! per
cent Of their deposits. This II not too
much for the banks to pay for the free
use Of the peoples money which comes
to them in the shape Of deposits. The
banks lend these depoGts out and re-
ceive adequate interest. They pay no
interest to the depositors, except on
savings accounts. Under the provisions
Of the Glass act they are not permitted
to pay interest en- ordinary deposits
against which checks may be drawn.
Selflahness Seen.
Insurance Of bank deposits does not
mean putting premium on bad bank
ing, as has been charged by some Of
the bankers. And If the law should
be changed 80 ~ to compel the banks
to put up the whole insurance fund,
there would be additional incentive on
the part of the member banks to zee
that good banking prevailed.
The bankers are actuated by purely
selfish motives when they say that the
insurance of deposits should be re-
pealed. I repeat, that If the law is
amended at all with respect to insur-
ance OF bank deposits 1t will only be
to strengthen the insurance clause"
Senator Fletcher also took occasion
to crack down on those big corporatinS
and investment banking houses which
are attacking the securities act. and
which, it Is said are holding back at
this time from issuing new securities IN
the expectation of having the law
amended with particular reference to
the liability of individual members Of
boards of directors.
A drive is organizing, Senator Fletcher
said, to force through Congress an
amendment which would remove this
liability and otherwise make less string
ent the securities act.
Public's Right Cited.
THE investing public has . right to
the protection given IN the securities
act" the Florida Senator said. Mem
bers Of boards of directors are made
liable for statements In the prospectus
issued by their companies and they are
liable only If they are shown to deceive
deliberately and willfully. They are sub
ject to suits to recover damages IN
equity court II 1t can be shown that
the prospectus they sign are misleading
or untrue. The law follows closely the
English law, under which peer Of the
realm was sent to jail because the
prospectus of his company, while 1t con-
tanned no untrue statements, did not
give the investors material facts. For
example, the prospectus stated that
dividends had been paid for several
years, but 1t did not point out that
these dividends had been paid out OF
surplus Of the company and not out OF
annual earnings.
II see no reason whatever for making
the law less stringent. Big men who
lend their names Is members Of boards
Of directors of corporations without
knowing anything about the real busi-
ness or financial status Of the corpora
tions should not be exempt from
liability"
Predictions that several thousand
small banks will be forced out Of busi-
ness by the deposit guarantee provisioni
were described as ridiculous" by Mr.
Cummings, the new chairman Of the
board.
Evening star., 1933-09-08
D. S. SETS GOLD PRICE
AT $29.62 AN OUNCE
Treasury Announces First Daily
Quotation for Sale Of Metal
to Crafts.

~ the Associated Press.
The Treasury today announced that
Federal Reserve Banks may sell newly
mined gold to the arts and crafts and
to foreign purchasers at :2S.62 an
ounce
This Is the first announcement OF
the daily price which will be estab-
lished by the Treasury every "a hours.
The price setting u in accordance
with President Roosevelt's recent order
permitting domestic gold mining nrms
to deliver the newly mined metal to
the IL central banks on consignment
for sale at quotations based on the
world price.
The Treasury plans to have the daily
price approximate the world market
price, less handling charges.
The daily price Is subject to revision
at any moment to conform with pos
dble 6uctuating markets.
Previously. all gold was sold to the
United States mint, by mandate, at
the hxed price Of $2067 an ounce.
Evening star., 1933-09-08

The main one was that Mr.. Roosevelt
had q faint hope his private reports
would turn out to be wrong. He was so
reluctant to use the Intervention weapon
that he was determined to talk down
the issue until forced to act.
He was afraid the radical element
throughout Latin America would use 1t
to start another anti-American wave.
They caused Mr.. Hoover plenty OF
trouble on that score.
However, they will not get very far
this time. This administration already
has proved the sincerity Of its benevo-
lent policy toward Latin America. Every
sensible citizen down there knows 1t.
Wont Be Too Hard on Banks.
The Treasury Is not going to be a.
hard on the banks as advertised.
No orders have been issued to ap-
praise everything at present market
values. Probably none will be.
Examiners are now out ascertaintng
how far the Government can afford to
20 in that regard. They want to tighten
up on examinations and the long view
policy will be directed toward that end.
Requirements for the deposit guarantee
will be fixed as strong Is possible with
out being harsh.
Two national bank calls must be is-
sued before the end Of the year. The
teachers will not be hard boiled IN
marking those examination papers.
Evening star., 1933-09-08
RECOVERY SUPPORT |
ASKED BY R|TcH|E|
Anything but Victory Is Un-
thinkabIe, Governor
Asserts.
BY the Associated Press.
nAY nvYNRNnE CO,

By the Associated Press.
BALTIMORE, September S.-Gov.
Albert c. Ritchie last night called for
support Of the national recovery CAM
paisn. asserting anything but victory
Is unthinkable."
III the plan fails. then I very much
fear that the alternative-after per-
haps an intervening period of monetary
indation--will not be . continued
strueele to dig In and overcome the
forces Of depression only, but will be
q life and death struggle to save Amer
lean institutions from social forces
vastly more dangerous and vastly more
destructive than the forces We now
combat"
Referring TO the administration,
Gov. Richie said:
"The country cried long for leader
ship. Sorely the country needed 1t.
At last the country has leadership,
sincere ana firm Of purpose. and that
leadership evolved q program which Is
already launched. To turn our backs
on it-for anyone Of us. high or low,
to do that's Impossible. unthinkable
and un.American. We must follow
that leadership and that program with
the determination TO reattain through
them national balance and stability"
Seif.Preservatien Cited.
Asserting people ask whether the
American Constitution Is elastic enough
to permit Congress to enact the re-
covery measures, the Governor said
human instinct and determination for
self.preservation Is elemental with
both men and nations.
I'm its essence this Is constitutional
question which only the courts can
decide, and the courts are open to any
and all who, in the exercise Of the
unauestioned right of every American
citizen, wish to litigate 1t.
ut would, therefore, be profitless for
me to express an opinion upon 1t. but
I do venture to suggest that for once
. great constitutional question Is aca-
demic. No legal formula. whether out
of the constitution or In 1t. can long
be proof against the needs and de-
mands Of . united American people.
Unanimity Seen.
Some way will always be found for
an agreed public opinion to assert It
self, and I believe the underlying pub
lie thought Of the country almost ap-
pioaches unanimity in its accord upon
the national recovery program Of Presi-
dent Roosevelt and the Federal admin
istration"
The Governor said everything hu-
manly possible Is being done to supply
the American people with money to
buy and induce them to spend it.
THE spread of employment will put
more people to work." he said "Fairer
and higher wages will give them more
money TO spend. Public works projects
involving several billions Of dollars will
provide still more jobs and still more
wages to buy still more things
Evening star., 1933-09-08

White or gray stains which have
appeared On the north and northeast
walls Of brick buildings In al parts
Of the city since the storms Of last
month probably are nothing more
than mineral salts washed out Of the
bricks and mortar by the driving rain,
1t was explained today BY OFFICIALS at
the Bureau Of Standards.
No alarm need be felt because Of
the stains, which win disappear sitter
8 few ordinary rains, Or which may
be washed Oh with water, It Was ex-
planned.
White stains on bricks usually are
due to sulphate Of lime or similar salts
washed out By rain. The fact that
last months rains were unusually
heavy and driven by high w1nds caused
more than an ordinary amount Of such
salts to be washed out. It i believed.
Reports that the stains were due
70 fungus grovths were scouted By
Or. Charles Thom Of the Bureau ol
Chemistry. Department Of Agriculture.
Evening star., 1933-09-08
BILLY SUNDAYS SON
FALLS FROM WINDOW
Injuries Nay Prove Fatal-Wife
Says He Was Suffering From
Nervous Ailment.
~ the Associated Press.

~ the Associated Press.
SAN FRANCISCO, September g.
George M. Sunday. son Of Billy Sunday,
the evangelist, was seriously injured in
what police said was fall from .
window Of his fourth-story apartment
here last night.
At the Central Emergency Hospital,
where the Injured man was given first
aid treatment before being taken TO q
private hospital, attendants said it was
doubtful II he will recover.
Police said Sundays wife. the former
Mauryne Reichard. one-time Hollywood
cloak model, reported he had been Ill
recently from q nervous ailment and
financial worries. His mother. the wife
said, came here from Hood River. Greg,
tO help nurse him back to health.
Mrs. Sunday said she discovered her
husbands fall after hearing q crash
Of glass She called police who found
him lying on the sidewalk below the
apartment.
Emergency Hospital attendants said
that Sunday, though unable to talk, ap-
peared to bs endeavoring to indicate he
had fallen out Of the window while
attempting to open 1t.
Evening star., 1933-09-08
SALTS WASHED OUT BY STORM
CAUSE STAIN ON BRICK BUILDINGS
Standards Bureau Officials Explain Condition Found on
North and Northeast Walls in Capital.

It Is probable the storm brought to
light cases Of wood decay and fungus
aTowths which previously had escaped
notice, according to the Department
Of Agriculture. but It Is improbable
that the storm augmented fungus
growth to any extent or produced any
lind Of fungus growth on brick.
Dr.. Thcm said he had received re-
ports that . large quantity Of very nne
- sand had been carried into Washy
inetm from the Atlantic Coast b
the storm, and It was possible some
Of this sand had been driven into
cracks and rough places In brick walls.
He said one local building contractor
had reported % much sand had been
blown against Q 40-foot north wall
that IL was possible to sweep : quart
Of # on . concrete walk ct the foot
Of the wall after the storm. The
sweepings appeared to be> very fne
sea sand, he said. Dr.. Thom sereed
with the Bureau Of etandAr0a how
ever, that the stains probably ware
soluble aalts wnGhed out of the walls.
Evening star., 1933-09-08
SIGNALS HEARD IN SKY.

KANE. Pa. September 9 GR.-Mrs.
Michael Miley, wife of q pumping sta
ton employe at Keystone, II miles
southWest Of Kane, said today she
heard signals coming from the SKY
early Monday and again shortly after
midnight "wednesday.
Police say there u possibility that
the signals may have come, from one
OF the two balloons lost since the take
Oh in the James Gordon Bennett races
at Chicago last Saturday.
Mrs. Miley said the signals. sounding
A though they were made by an auto
mobile horn, came steadilyNtwo longs.
two shorts. two longs.
The noises Monday came from the
sky. but the signals Wednesday seemed
20 come from q dense forest. Due to
heavy fog Monday, Mrs. Miley could
not see the sky.
Evening star., 1933-09-08
CABINET SERVICE SET

A memorial cabinet win be unveiled
BY the Obev Sholon Congregation, Fifth
and I streets, oldest In the city, at
services In the synagogue Sunday q
$50 pm.
Oreanized more than 20 years asa
the congregation Is the flrst to inst>
. cabinet which will accomE>S.S
about 500 memorials
Rah6is Green. Metz and Silverstca..
win give brief addresses. The choir
viii be under the direction Of MAX
0oldberK.
Evening star., 1933-09-08
BOGUS TICKETS OFFERED
omcials Here Get Report on Fake
Irish Sweepstakes Chances.

Attention Of oficiAb Of the Depart
ment Of Justice and Of the police de.
partment has been called to the sale
In the United States Of alleged bogus
lottery tickets on the Cork, Irish Free
State, sweepstakes.
Odncials said that 20 far they had
received no complaints Of the sale Of
the tickets IN Warrington. Supefin.
tendent Of Police Brown added that II
complaints are received, Immediate &C.
ton viii be taken. Even the sale Of
bona flde lottery tickets, he pointed
out, = prohibited by law.
The spurious tickets. 1t was said. false
~ purport to be sanctioned by an
act Of Parliament Of the Irish Free
State. The only sweepstakes authorized,
by that Parliament, It was explained, Is
that conducted BY the Irish Hospitals
Trust, Ltd, in Dublin.
A firm in Kansas City, Mo-, u said
to be issuing the bogus tickets. II
they are sent through the mails to
purchasers the Post Once Department
viii take Q hand In the matter.
Evening star., 1933-09-08
PRESIDENTIAL RADIO
ANNOUNCER TO WE'D
Hurluf Provensen Will Marry Miss
Hester .Beall, WRC Studio
Hostess.

A romance which budded and de-
veloped before Q WRC microphone will
eliminate sometime next week In the
marriage of Herluf Provensen. the Ma
tional Broadcasting Co 8 presidential
announcer, and Miss Hester Walker
Beall, the studio hostess.
Provensen revealed today that he and
Miss Beall would be married before he
leaves Washington next Thursday to
become manager Of Station WLBW in
Erie, Pa. but carefully guarded the
date and other details Of the wedding
plans
Provensen, however. admitted the ro-
nance had its inception about three
years ago. when Miss Beall appeared
ct WRC to do some broadcasting, AL
though he managed to keep 1t . secret
all this time.
Evening star., 1933-09-08
JEWISH SCHOLAR DIES

WARSAW, September D. (Jewish Tele-
graph Agency Rabbi Michael Wierx-
blowski. world famous jewish scholar,
died Wednesday ct the age Of ~.
He was an authority On Biblical and
Talmudic writings and was q friend and
correspondent Of Prince Bismarck. the
iron chancellor, founder Of the German
Empire.
Evening star., 1933-09-08

The Cuban mess comes at bad time
for state Secretary Hull's efforts to pro-
mote tariff accord with Latin America.
The United States had legitimate
right to intervene TN Cuba the moment
De Cespedes was overthrown. Nothing
Was said about 1t because Mr.. Roosevelt
aid not care to proceed that way, but
the regime Of the wild-eyed Army
serReants was obviously unconstitu-
tional. De Cespedes made no provision
for q constitutional successor.
Commissioner Eastnlan may bear
do,cn on the railroads shortly to take
advantage of Government loan Offers
tor building neU equipment. He has
plan.
(copyrisha. le33)
Evening star., 1933-09-08

Federal budget and about $500, 900 to
the District budget
Plans Of the Central Labor Union
and the Columbia typographical Union
for joining the Chamber of Commerce
meeting this morning Of the union rep.
resentatives and Thomas p. Littlepage,
president of the chamber. The Union
Committee will be composed Of Clyde
NJ. Mills Of the typographical Union
and Frank ]. Coleman. r. L. Dixon,
Robert E. Lester and J. 4. Toome. all
officers Of the Central Labor Union.
Independently, the American Fedora
ton Of Labor, at the direction Of WILL
liam Green. president, will send its
Executive Committee to the White
House to request immediate restoration
of the IS per cent cut. President Green
will head the delegation.
The Chamber of Commerce campaign
was ordered by its board Of directors
which adopted resolutions urging the
President to give new consideration to
the whole Government pay cut ques-
tion with . view to restoration Of the
100 per cent salaries.
In the District Of Columbia. suffering
from pay cuts, enforced flrloughs and
other income reducing regulations" the
resolutions declared. 'is causing great
hardships In Washington ct q time
when other American cities are COM
mencing to enjoy the first benefits Of
the Presidents Unemployment CAM
paign.
Condition to Become Worse.
with prices already on the upgrade
and the condition of these workers is
bound to become worse rather than bet
ter, and rs they constitute nearly 40
per cent Of all local employment their
decreased purchasing power will make
1t increasingly dimcult for local busi-
ness flrms to live up to their N. r. A.
agreements.
In view Of these facts the board Of
directors Of the Washington Chamber
Of Commerce respectfully urge that the
consideration to this whole question
with Q view to restoration Of the former
compensation schedule for Federal Gov
ernment employees"
The American Federation Of Govern
ment Employees viii get into the cam
paign actively Monday, when 1t opens
its annual convention at the Hamilton
Hotel. Resolutions asking for restora-
ton Of the pay cut and the 30-day
annual leave win be presented TO the
convention by the Associations Inter-
state Commerce Commission Lodge,
No. 48.
Reports from the District Building
indicate that the Economy Committee.
which u now at work on the 1855 Dis
trict budget, u predicating the salary
figures on . 100 per cent basis In
obedience to the Budget Bureaus in
structions. This is . departure from
last years procedure, when the budget
was framed with IN allowance for the
then existing OK per cent cut. Congress
In March, however, increased the cut to
. IS per cent.
Evening star., 1933-09-08

to 20 - miles au hour. and thsn thsfs
Is An assurance that II WIN 90 over the
'0!; AN Of sh. odmm,,nisy, Chest work,
all Of this uniting IN the cause Of
human need, q based on that word CO.
operation During the var when ! was
on the other hide, the Prime Minister
Of England. Lloyd George, was lunch-
ing with me ct the American Embassy
one day, and our Ambassador said
something about our cooperation in
winning the war. Lloyd George turned
to me and said: You Americans are
inventive-you have imagination-you
win please send word back home that
the British government will offer q
prize Of 10000 pounds to any Ameri-
can who will discover some other word
to take the place Of Cooperation No
one has ever won the prize yet.
The point ] wish to make II that
country who are going to say, oh, I
have given, am helping through such
and such an organisation, through such
and such an individual, leave me out. ,
There Is no such thing as being left
out. They can't be left out They have
got to Join you. Because, unfortunately.
We know the frailty Of q certain type Of
human nature that says something like
that rs an excuse for not doing his or
her part.
Success with Individual.
"The Government cannot get along
without you. The Federal, State and
local governments can't. The whole
period We are going through will come
back In the end to individual citizens, to
q 70 "a n.y.
ganizatonS, through the years to come.
We are going to have unemployed
throughout the United States and We
know It. I hope, though. the time Is
going to come when government will
not have to give relief. I hope the
time 10 going to come soon. when every
body who normally wants q Job h going
to get It, And 50 I like to think Of
government relief Of all kinds as emer-
gencv relief
"Your work has q twofold purpose.
You are meeting the emergency and at
the same time you are building for the
future. Community Chests are going
to keep on just ~ long - any Of US are
alive-and . mighty good thing they
Il tell you simply that you have q
great responsibility on your shoulders
NIL 1t. You are going back to your
States and your communities and Rive
them this message from me-this work
Is an essential part Of the Governments
program. the program Of the people Of
the United States will bring us back to
where this country has Q right to be.
So-go to it-and make q record not
only Of money. but a record of service
Of which we shall all be very proud"
Evening star., 1933-09-08
Message veicss Appreciates.
FLAMES PASS OVER CUBA.
Navy Squadron Of Six May Go Nez
Stop to Panama.

Navy Squadron of Six May Go Mem
Stop 70 Panama.
Six Navy seaplanes. nying from Nor
folk to the Canal Zone. passed over
Cuba this morning several miles east
Of Havana, and were reported by the
Navy to have reached . point well
south Of Grand Cayman In the Carib-
bean at IL an.
Although lacking . definite report,
Navy ofncers believed the notilla Of
planes was heading from Grand Cay.
man to Cape OraciAs . Dios In Hon.
duras, . distance Of approximately 40
miles over the open Caribbean.
From Cape Qracias q Dios, the
squadron could follow the curving
coast line Of Honduras, Nicaragus,
Costa Rica and Panama to the Canal
Zone. q distance Of some 270 miles, or
could strike out on q straight course
over the ocean again to shorten this
distance.
The planes passed over Key West at
5 am, reached . point Just OF Cuba
three hours later, and had crossed over
the revolution -gripped island and on
past Grand Cayman within the next
three hours.
Naval operation officers declined to
confirm reports that the night was in
tended originally as . nonstop journey
to the Canal Zone. The same od1cials,
however, said there was . possibility
that II gas supplies were suf6cient and
all went well the flight might be made
nonstop.
Evening star., 1933-09-08
~ the Associated prsss.

DIS NOMxs, Iowa, September g.
The inade story Of the origin Of the
emergency marketing program which
y sending miIlions of pigs to market
has hesn disclosed BY Paul Beer, Des
Moines dairy executive.
The father Of the plan, says Beer. b
J. II. (Jerry) Mason, general manager
OF the Des Moinea Cooperative Dairy
Marketing Association. Beers story.
told ct IN N. r. A. forum, eoes Ike
this:
Mason, Beer and Bob oarst Of Coon
Rapids, Iowa, were discussing the agri-
cultural adjustment program IN Wash-
ington On the night d June IS.
tive GOT m iiea cn hogh Dob :
Evening star., 1933-09-08
JOHNSON WATCHES FORD.
win Not Act, He Says, Unless There
Il . Violation Of Code.

win Not Act, He Says, UnAess Incse
Il . Violation Of Cede.
~ the Associated Press.
Hugh s. johnson. In answer to Ques.
tions of news men today. said he hao
not seen any evidence Of Henry Fords
violation Of the automobile code: but
that "n Mr.. Ford comes out with IN
OUTRIGHT violation I'll have to Act--witn
a challenge like that we'd have to nave
q showdown"
that to stand out and defy tnn Gov
ernment," said the N. r. A. leaoef.
"If he violates this code he y vto-
lating . law Of the United States.
"But I haven't seen enough tn0ce-
ton Of violation to start IN MQusi-
torial process.
"In one sense Mr.. Ford has put him
self athwart this whole movement:
Hes been given . lot OF publicity
for the fact that he Is not taking
part"
questioning that, even II the Ford plant
now Is employing workers 40 hours .
week, this does not constitute CODE
violation, sifce the automobile agree
ment allows for more than the average
35-hour week during brief periods re-
quiring greater output.
Asked whether he himself or the
Federal district attorney in Detroit had
initial responsibility for prosecution II
violation by Ford were reported, john
son said he believed this responsibility
rested primarily on the local od1cial.
although It was shared BY himself.