davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-07
BALTIMORE BANKS
i WILL ISSUE SCRIP
q
Nine Regulations PromuI-
gated by State Commissioner
Under Emergency Act.
BY staff Correspondent Of The Star.

By Staff Correspondent of The Star.
BALTIMORE, Md, March 7.-1ssu-
ance of scrip in Baltimore was planned
by the Clearing House Association OF
the city as soon as Federal regulations
and the New York banking situation
permit, it was announced today, Is
State Bank Commissioner John j.
Ghingher proclaimed nine regulations
for Maryland's banks.
They parallel closely the rules pro:
Treasury William H. Woodin, and
were issued by authority of the emer-
gency banking act Of the General As
sembly of Maryland, approved March
a. and in conformity with the regula-
lions issued by the United States
Treasury Department" 3d..
Provisions of Regulations.
Gov. Richie and Attorney General
William Preston Lane joined Mr..
Ghingher in approving the State regu-
lations, which provide:
That the present directors, ofhcers
and employees of every banking lnStitu7
ton accepting deposits and doing bust.
ness under the laws Of the State are
designated to continue to conduct the
That all transactions Of each banking
institution shall be completed and the
general books closed as of March 4, the
effective date of the Maryland emer-
gncy banking act.
No Withdrawals from present deposit
accounts Of any nature whatsoever Will
be permitted until further notice, but
any banking institution may cash
United States Government checks pro-
vided no gold or gold certificates shall
be paid in 'cashing such checks.
Upon adequate security Maryland
banks may make loans SO that persons
engaged in the business OF supplying
the community with food may pay In
cash for the shipment OF foodstutts.
All banking institutions may admit
customers to safe deposit boxes, make
change, accept deposits in special
trust" and accept payments in settle
ment of obligations payable at or to
such institutions.
Charles E. Rieman, president OF the
Baltimore Clearing House Association,
said Sl5,0o0,000 worth Of certificates
are being printed in Philadelphia for
distribution here as soon as possible.
Explains Scrip Operation.
Explaining how the scrip would work,
he said
IF a man has $1,000 in a bank he
will be able to draw out the entire
ST 900 in the form Of clearing house
certificates which can be used in trade,
Just like currency, but they Will be
redeemable only in bank credits
Bankers in the counties around
Washington said today they We're I'M
familiar with the operation of scrip and
were uncertain how 1t would aHect
them.
Despite the national holiday declared
by President Roosevelt, Gov. Richie
continued the holiday in Maryland
with day-to-day proclamations.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-07

and are mistakenly asking what we pro.
pose to do about gold payments after
the holiday expires.
French Franc Uncertain.
The American holiday on gold pay
ments, 1t was apparent In European
foreign exchange dealings yesterday,
has aroused uncertainty over the
French franc, the other leading gold
currency, for the switching of funds
from French francs into pounds sterling
developed in large volume, although the
pound is already of gold.
As a matter Of fact 1t Is this tinnid
fluid capital surging back and forth
between capitals, according to some
banking authorities. which has made
the maintenance of the international
gold standard so dificult in recent
years.
The banking crisis in this country.
some economists feel, may not only
hasten better banking regulation here.
but may prompt more vigorous efforts
at the forthcoming World Economic
Conference to make the international
gold standard more stable.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-07
FOOD PRICES ADVANCE
AS HOLIDAY BEGINS
Public Warned Against Hoarding
Vegetables and Meats as
Quotations Go Up.
Nv the Associated Press.


CHICAGO, March IA warning
against the boarding of food was sound
ed today by Chicago dealers after a
slight rise in the prices OF perishables
and meats, resulting from the bank
holiday, had sent housewives scurry1ng
to markets armed with baskets and
ready cash.
such policy, grocers and butchers
said. would send prices soaring to un--
necessary heights, in view OF the fact
that the Chicago area had enough sup
plies ON hand to carry 1t through the
moratorium.
Retail meat prices were reported from
2 to cents higher and eggs and but
ter fourth Of cent q dozen and q
half cent a pound, respectively, IN ad-
vance of last weeks average.
The holiday had reviving effect on
quotations at both the grain and live
stock exchanges Cash wheat at Chi
cago advanced from 2 to 2ls cents and
corn from a to q higher, in view OF
an order announced by trade directors
that transactions in cash grain in Chi
cago would stop tomorrow morning.
A decision Of the Chicago Live Stock
Exchange to close trading this after
noon might be rescinded, Charles
Schultz, president, said. depending upon
advice received from washington as to
payments Of shipments by packers.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-07
POLICE AND COURTS
LENIENT IN CRISIS
Minor Traffic Violators Get Sus-
pended Sentences-Time Al
/, lowed for Paying Fines.

The Police Department and Police
Court are trying to make things as
feasy as possible during the banking
tcrisis for those who have trouble putting
up collateral or paying fines because
their money is tied up by the bank
holiday edict of President Roosevelt.
Late yesterday Maj Ernest w. Brown.
superintendent Of police, ordered all
station clerks to accept checks OF the
American Automobile Association or the
American Motorists Association in pay:
ment of collateral In traffic violation
cases during the emergency.
In Police Court the judges took a
lenient view Of minor attractions. Judge
Gus Schuldt suspended sentences in
about so traffic cases. and insisted on
fines and Jail sentences in only about
half a dozen Of the more serious ones.
Judge Ralp Given presiding in the
District branch, announced from the
bench that where he imposed fines and
there were no serious circumstances, he
would allow persons who had money In
. bank a week or 10 days to meet their
fines,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-07
QUICK RESTORATION
OF BANKING SOUGHT.
Finance Executives Believe
Nationwide Basis for
Business Is Need.
By the Associated PreAa.

BY the Associated Press.
NEW YORK, March 7.-Concerted
efforts to transfuse enough life into the
Nations money arteries to finance ordi-
nary bread-and-butte business were
fastened In the third day Of Americas
momentous banking holiday today.
And a nation which had developed q
highly organized and efficient system OF
settling 90 per cent Of its business with
bank checks, found that once disrupted,
the highly complex procedure was not
easily restored.
True, bankers pointed out. scrip or
clearing house certificates have been
used in this country before. In the pre-
war crises, banking groups in various
cities quickly organized and Issued the
supplementary medium Of exchange.
But today, with so much more OF the
country's business conducted on q ma
tional scope, many executives feel
banking business must be restored
quickly on q national basis.
Operate Throughout U. 3.
Most Of the leading corporations In
the country today do business In almost
every State. Therefore, form Of
emergency scrip used In Kansas City,
say, must be so drawn as to be redeem
able by a furniture manufacture in
Grand Rapids, unless the manufacturer
Is prepared to extend almost unlimited
credit to distributors In Kansas City
and other points.
Therefore. the banking problem Is
being dealt with nationally, In so far a.
possible. Individual cities and States
are working on separate schemes. while
Washington authorities are trying TO
piece them together. Gov. Lehman has
worked out q Statewide plan for New
York State. while the New York Clear
ing House has developed . New York
City plan which may piece in with the
State plan. At the same time, Gov.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-07

sion which business has been anxiously
awaiting since the end Of 1929 was
suggested In q statement by A. D.
Whiteside Of the Dun 81 Bradstreet
Inc, credit agency. Hopes for an early
recovery from the present abnormal
situation, said Whiteside, lie sin the
country's strong credit position brought
about by the liquidation Of inventories
and drastic reductions In operating ex-
penses.
Advance Small Sums.
It was reported that certain firms
with pay rolls falling due yesterday
and today had decided to hold up dis
bursements unit! bank scrip was re-
leased for circulation. To tide over
employees who were acutely in need Of
funds these Arms advanced small cash
payments, 1t was said.
To avoid q too great draft upon its
cash resources the New York Telephone
Co. redeemed checks for only a part
>of the salaries due and requested the
workers to hold the checks for the
remainder until the banks reopen. 1t
was estimated that the amount OF the
checks redeemed In cash were for about
one-third of the total amount Of the
regular pay roll.
Some Of the larger pay rolls due
Yesterday were met in cash. These in
cluded the Pennsylvania, New York,
New Haven a. Hartford and Leh!gh
Valley Railroads. The amounts dis
tributed by these companies, however
covered only sections Of their terri
tories.
The American Telegraph & Tele-
phone Co. has q large pay roll due on
Thursday and officials were quoted as
hoping" that arrangements could be
made for bank cashing Of the pay
checks In scrip. The company is pre-
pared to meet emergency needs Of its
employees unable to obtain funds In
the usual channels, it was understood
In o!icial quarters.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-07
DEPUTIES VOTE FOR WAR

ASUNCION, Paraguay, March 7 P),
The Chamber Of Deputies last night
unanimously approved q formal declara-
ton of war against Bolivia in the Gran
Chaco border warfare.
The Senate previously had given Its
assent to the proposal.
For months Bolivia and Paraguay
have fought over the Gran Chaco, with
many casualties on both sides.
The administration Of President
Ayala was, by the legislative action,
authorized to declare war when it deems
such a move feasible.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-07
Troubles of Brown
With High Hat Are
Repeated by Farley

And now comes Postmaster
General Farley with high-hat
trouble.
Arriving at the White House
yesterday, the tall Mr.. Farley
exhibited q dent In his topper
and explained that the damage
resulted when he entered taxi.
II am changing taxis," he AZ
firmed.
walter Brown. Postmaster Gen.
eral under President Hoover, re-
Gently came In for wide publicity
when he told the. House Appro-
priations Committee he bought
a new official car because he
could not wear hts high hat In
the old one.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-07
Silver Dollars
And Large Bills
Circulated Again
~ the Asgoeisted Press.

~ the Associated Press.
KANSAS CITY, March T.
Street car operators reported they
received more silver dollars yes
terday than they had seen In
months. Grocers said much OF
the old large-sized currency came
over their counters.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-07
WORKERS ARE PAID /
BY VARIOUS MEANS
Some Employers Issue Small
Checks to Take Place
of Currency.
BY the Associa ted Press.

BY the Associated Press.
NEW YORK, March 7.-Devices OF
one kind or another have been adopted
by leading business concerns to meet
pay rolls, supply customers, reimburse
to maintain normal operations In the
face Of the banking holiday restric-
tons.
The General Electric Co., one of the
largest employers In the country, is
solving the problem Of workers wages
by issuing checks in small enough de-
nominations to pass a. currency with
shopkeepers and other trades people
the company announced.
Every day pay day for General Elec-
trio employees at some plant or other,
and In consequence the company is
finding 1t necessary to issue vast
amount Of checks.
There were several additions TODAY
to the list Of important distributing
companies that have taken steps to in
sure an uninterrupted now Of goods
and supplies to their customers pending
removal Of the banking impasse.
VIII Allow Discounts.
The following telegram was sent to
the district sales ofiices Of the General
Foods Corporation by James F. Brown
lees. president. yesterday: Continue to
solicit business from customers Of good
credit standing on basis OF open account
or check subject to collection. Cash
discount allowed to all who costomarily
discount Assure your customers We
will cooperate to the full limit Of our
ability"
julius Kayser q Co., manufacturers
and distributors Of women's wear. an
nounced they would continue to ship on
orders on their regular terms, with pay
mentS against these terms subject to
such legal restrictions As are imposed
by the National and State banking
authorities from time to time.
That the present disturbed conditions
may mark the low point Of the depres-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-07
fine FOR BOARDING
PROVIDED IN BILL
pennsylvania Measure Seeks Re,
1 moval of Money From Safe
Deposit Boxes.

I By the Associated Press.
! HARRISBURG, Pa, March IA
fine Of 81, 900 or three months in prison
Is provided for money boarding under
I 8 bill offered in the Pennsylvania
: House last night by Representative Ed
win c. Emhardt of Philadelphia.
The measure provides that banks
may require persons renting safe de-
post boxes to remove noarded money
and refuse access to the boxes II the
renters decline
h. All new and present box renters would
HE required to NIL out questionnaires
(which would reveal boarded cash.
EFalse statements IN the qQsationnatres
Eould make tho ysntsg liable $os kro9s-
ation lor pertur2 - w..
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-07
SCRIP, NOT SCRIPT

It's scrip" not script"
Dictionaries define scrip Is certih-
cate, memorandum, schedule or list.
usually applied to paper issued In
lieu of something of value.
Script is defined as writing. especially
in distinction to printing. Both come
from the Latin "scribere," to write.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-07

Twenty-Five countries had World
Thrift day" celebrations this year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-07
On "Gold-Dust" Basis.

JUNEAU. Alaska, March R.-
Alaskan merchants prepared to 60 on
a gold dust" basis today. They resur-
rected old scales to do business with
prospectors who had quantities Of the
metal in its original state.
Evening star., 1933-02-13
GRANTED
IN ROCKVILLE CASE
U. S. Upheld by Supreme
Court on False Entry In
dictment Of Darby.
BY the Associated Press.

BY the Associated Press.
The appeal Of the United States
from the decision of the Federal Dis
trict Court for Maryland dismissing the
indictment against John G. Darby,
charging him with making false entries
in the books of the Montgomery County
National Bank Of Rockville, Md, was
granted today by the Supreme Court,
and will be decided on its merits.
There were 16 counts to the indict-
ment, which charged the entries were
made with intent to injure and defraud
the bank, and to deceive the officers Of
the bank as well as the controller of
the currency. The Government con-
tended Darby had entered in the dis
count register the name Of Mrs. Bessie
D. Darby as co-maker or indorser, when
he knew the signature of her name
on the notes was q forgery.
The Federal District Court for Mary
land uuashed the indictment, hold
ing If Darby had committed the offense
charged against him in the indictment
it would have amounted to a misappn-
cation of the funds of the bank for
which he had not been indicted, and
would not. as the Government charged.
have constituted the offense of making
false entry, for which he was indicted.
In appealing to the highest court
the Government insisted the trial court
had placed a wrong construction on the
law and that the offense alleged to
have been committed did constitute,
under the law, the making of q false
entry
Evening star., 1933-02-13

ears. Jugoslavia has lost consequently,
as far as France Is concerned, much of
her value as an ally in case of trouble
Poland, another important ally of
France, is dickering with Hitler for a
settlement of the question Of the
corridor.
France Is confronted consequently
with this dilemma. Either she agrees
to the abolition of the Versailles treaty,
thus admitting her weakness, and Is
prepared to draw all the consequences
Of such an admission; or she continues to
maintain q strong attitude and oppose
the cancellation of that treaty, and she
is faced with the possibility of war.
For the time being the trend in
France Is to stand by the Versailles
treaty. This policy Is advocated even
by those political men who are not op-
posed to certain revisions such as the
Lausanne agreement, and Is also sus-
tanned by the French public opinion.
: But the military, who bear the re-
ment Of the Versailles treaty, are puzzled
as to what the next step will be. Shall
the French government give potential
foes chance to increase and strengthen
their armies, or shall France do what
Germany did in 1914, strike while she
still considers her enemy weak enough
to be defeated?
If France takes no action at present,
1t, Is argued, she may find herself faced
with a powerful combination between
Germany, Italy, Hungary and Bull
garia.
On the other hand, If France at
tacks merely on the assumption she her
self might be attacked, she would have
the whole world opinion against her.
This is the real dilemma facing France
and the idea of government Of national
union which is gaining favor through
out the republic is the result Of this ex-
tremely critical situation.
Evening star., 1933-02-13
PHONE Theft ARREST
FOLLOWS TERM IN JAIL

Arrested as he left the District Jail
after serving q term for vagrancy,
James F1annery, 50, alias James Fftz-
patrick, was brought to Police Court
today charged with grand larceny in
connection with the theft Of pay tele-
phone and $14 in cash of the Chesa-
peake 81 Potomac Telephone Co.
He was ordered held for the grand
jury under $1,000 bond by Judge John
P. Mcmahon.
Assistant United States Attorney
Michael F. Keogh told the court Flan-
merry was arrested on the vagrancy
charge last Spring, after he had at
tempted to get locksmith, James G.
Parker of the 500 block Of Twelfth
street northeast, t6 duplicate q key
that would fit pay telephone boxes.
Following F1annery's conviction on the
vagrancy charge, Keogh said, the tele-
phone box and money were recovered.
He said 500 reward had been offered
for the arrest of FIannery by the police
in Washington State. where the man
Is alleged to have made keys for tele-
phones and sold them to crooks.
Evening star., 1933-02-13

A++rac+iveIy Priced Staples
Wi1dmere Fresh Eggs. ;. do. re
Sunnybrook Fresh Eggs. don. 25c
Sunnyfie1d Sliced Bacon. .h. 19c
Grandinother's Sliced Bread ,assi5c
Sunnyfie1d Flour :. lib. bag 27c
Pure Lard. q lbs. 15c
White House Evap. Milk, 3 .sn, s.n TIC
Granu1ated Sugar. :. 10 lbs 45c
Evening star., 1933-02-13
Resent High Handed Methods.

The situation In JugOSIaVla IS stlll
worse because there the short-sighted
policy of King Alexander is likely to
cause q dissolution of the United King
dom. The Croatians and the Slovenes
are indignant at the high-handed
methods of the Serbian bureaucracy and
are threatening secession. The situa-
ton is so bad that the British govern
ment has been asked some 10 days ago
to intervene directly at Belgrade and
urge King Alexander in friendly man.
ner to change the present system of
government from Belgrade and try to
conciliate the Croatians and the
Slovenes. The British intervention, it
Is reliably reported, has fallen upon deaf
Evening star., 1933-02-13
Valentine Party
Suggestions

Hershey's Chocolate Kisses D. 25c
Sailed Peanuts ..... :. .b. 19c
Sparkle Gelatin. pkg. Sc
Cooks Cakes 1.1:*. A.ss'tss Led each zoe
Yukon Club Ginger Ale 3 bots. 25c
High Rock Ginger Ale 8 lss; seSs:' Ss:' 25c
A&P Grape Juice. p. 14c; .. 27c
Cigarettes lss. pkg. 10c: carton of 10 ST
Chesterhelds Camels, Old Gold, Lucky Strike
Evening star., 1933-02-13

These new rolls are
made from the finest
ingredients. Their
lightness and hufsnsss
will appeal to you at
once.
Try them for dinner
tonight.
The Indianapolis times., 1933-12-04
MISSIONARIES
OF NATION TO
CONVENE HERE
Prominent Church Workers
on Program for 2-Day
Session.

DR.. E Stanley Jones, distin-
guished missionary and religious
leader, will be the principal speaker
at a mass meeting given by the
United Foreign Missionary Confer
ence meeting here Thursday and
Friday. He will speak at the Fri
day night session in Cadle taber-
nacle.
The conference is meeting here
through the cooperation Of the
Foreign Missions Conference of
North America, the Federation Of
Women's Boards Of Foreign Mis-
sions of North America and the
Church Federation Of Indianapolis.
Or. Jones will lead a round table
conference for ministers and their
wives in the First Baptist church
Thursday morning at $50.
Other prominent speakers on the
conference program are the Rev.
John Roy Strock, former principal
of Noble college, Masulipatan. and
a member of the aIl-India continua-
ton committee on higher educa-
tiOn; Miss Lillian Picken, evangelist
and social worker Of Satara, India;
the Rt. Rev. Logan H. Roots, bishop
of the diocese of HankOw, China,
and DR.. Herman Chen-en Liu, presi-
dent of the University Of Shanghai
and a leading Chinese educator.
A series Of individual denomina-
tional luncheon conferences will be
held in various churches Thursday
noon The First Baptist church is
the official conference center.
Miss Picken will be guest Of honor
at tea in the Y. w. c. A. Thurs
day afternoon at 3. Hostesses will
be Mrs. John E. Seybert, chairman;
Mrs. NJ. f. COstin, Mrs Earnest N.
Evans. Mrs. Fermor S. Cannon. Mrs.
John Koch, Mrs. Grant K. Lewis,
Mrs. S. NJ Roes and Mrs c. H.
Sedan.
The Indianapolis times., 1933-12-04
Contract Bridge

discussed the different plays and in
variably, when they left, had an
idea for hand
For example, while in the hos
pital at Cleveland, was taken
care of by DR.. j. H Budd. One
day Dr. Budd brought in a news
paper-the Mail, Of Halifax, N. s.,
his home city-and showed me my
bridge article, which he said he had
been following for some time. Soon
we were discussing the game Of con-
tract.
The doctor brought up this point
when you have a fineSse that can
be taken either way, how should you
guide yourself in taking this finesSe?
My reply was that in many such
cases you simply do not bother with
that finesse at all, but force your
opponents to, play the hand safely
for you.
And so We laid out todays hand.
Even though North holds 100
honors in hearts, he can not risk
a vulnerable overcau of two hearts
over one spade, as it might prove
very disastrous.
NORTH opens the king of hearts
~ and follows with the ace and
queen. West, the declarer, ruffs
the third round with the four Of
| spades. A small spade is led by
I se ~ n
the king. A small spade is returned,
West winning with the ace.
The declarer already has lost two
hearts and now must lose trump
trick. OF course, if he can guess
the diamond finesse right, the con-
tract is made, but there is nothing
to guide him in selection Of the dia-
mond finesse-it is purely guess.
Therefore, the safest way to play
the hand is to lead a small club.
win in dummy with the queen, and
return the seven of hearts. South
drops the four of diamonds and
West, the declarer, trumps with the
nine Of spades.
Declarer then should take two
more rounds Of clubs and play a
small spade from dummy. South
discards the ten of clubs and North
wins the trick with the queen of
spades.
North is forced to lead a diamond,
and it now makes no difference
where the queen of diamonds is.
The contract is assured.
Copyright. 1888. by NEA Service. Inc)