davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-09
DISTRESS DEMAND
LIGHT AT D. c. BANKS
Limited Payments Relieve
Tense Situation in Some
Instances.

Washington banks were paying out
distress money" today to all depositors
who convinced the officials they were
in dire need Of funds.
The new rule was put into effect this
morning on recommendation Of the
Washington Clearing House Association,
In statement issued last night. based
on the Treasury regulation relative to
payments for food, medicine and other
relief purposes.
The demand for this money was sur
prisingly light up to noon. There were
no lines in the banks; in fact. very
few more customers in the Hobbies than
visited the banks yesterday to cash
Government checks, make change, pay
notes and do other banking business
already permitted under modified Treas
ury holiday regulations.
The limited payments, however. re-
lieved a very tense situation for those
who did need cash. Many gave signs
of relief Is they took their money from
the tellers' windows. although they
were paid in comparatively small
amounts.
Each customer had to fill out form
certifying that it was absolutely neces-
sary to meet personal needs that he
withdraw from his account the sum
which he requested. With this signed
certificate, he presented his personal
check at the window and got his money.
The money was paid out In varying
amounts, IS, $40, SIS and high as $25.
Some banks limited the sum to s..
Others were more liberal, but In all
cases the limit appeared to be $25. In
some banks the officers passed on the
dire need" of the depositors, while the
tellers decided the question in others.
In all there was disposition to be as
helpful as possible to each depositor.
Money could be withdrawn from savings
accounts, as well as from checking &C
counts.
The question arose as to how often
a depositor could call for these dis
tress funds" It was hard question
to answer. Not too often seemed to
be the bankers view.
Bankers ascribed the lack Of any rush
for necessities to the fact that the banks
have been cashing checks on the Gov
eminent since Tuesday. This has made
the situation much less tense than IN
other cities.
The Clearing House Association
reached the decision that the local
banks should meet emergency needs OF
their depositors by permitting limited
Withdrawals, at two meetings held late
Yesterday. The certificate forms were
adopted to make records which would
show the Treasury Department that
only the limited amounts authorized
were being paid customers.
The Clearing House Association. In its
communication sent to all local banks,
again recommended that every bank
in the District of Columbia meet the
needs for cash in order to facilitate the
receipt and handling Of food and food
products in this city" Reports to the
clearing house show that all the local
banks have permitted Withdrawals OF
funds for this essential community pur-
| pose. ,..,
The vital question Of permitting pay
roll Withdrawals from local financial in
situations was still unsettled today. The
CONTINUED on Page 8, Column ~
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-09
BOARDING REPORT
TO COVER Z YEARS
Federal Reserve Calls for Ex.
tended List of Gold
Withdrawals.
BY the Associated Press.

BY the Associated Press.
The time to be covered in the report
Of Withdrawals by gold hoarders was
broadened by the Federal Reserve today
to extend to the past two years.
While Treasury officials were working
out the plans that will be followed after
the passage Of the emergency measure
sent by President Roosevelt to Congress
today, word went from the Federal Re-
serve to its member banks calling for
the report.
The time originally designated to be
covered in the report of gold with
drawals had been from February to
March IS. The use to be made OF the
names had not been disclosed, but the
compilation would put officials in posi-
ton either to publish them or take
more drastic action. A tax on with.
drawals has been suggested by some.
Another worry put before the Treas
ruy today was the manner in which
foreign diplomats may obtain funds for
the conduct Of their embassies. A re-
quest to see what could be done about
1t was transmitted by the State De-
partment to the Treasury.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-09
Agencies Proposed for Con.
solidation Include Shipping
Board, !. c. c. and Com
merce Aero Division.
REVENUE POST URGED
FOR C. LEROY SHIPPING
Greensboro Lawyer Is Endorsed for
Commissioner by North Carolina
Delegation in House-Reorganf-
zation Program Not Anticipated
Before Several Weeks.
BY the Associated Press.

BY the Associated Press.
Josephus Daniels Of North Caro-
lima, apparently the definite
choice Of the Roosevelt admins
tration for chairman of the Ship
ping Board, was understood in
some official quarters today to be
destined to head later a combina-
ton of Fedora. transportation
agencies.
The units which would enter
this consolidation were said to be
the Interstate Commerce Com
mission, the Shipping Board and
the aeronautics division of the
Commerce Department. The first
two are agencies Of Congress, not
under the authority of the Presi-
dent, though he appoints their
directing officials.
Such a consolidation, therefore,
would have to be effected by leg
islation. For some time iS has
been indicated that President
Roosevelt intended to seek unfit
cation Of the transport agencies.
His recommendations for reor-
ganization that must be effected
by Congress are expected to be
sent up within the next few weeks.
Efforts Being Pushed.
Daniels, publisher of the Raleigh
News and Observer, was Secretary of
the Navy under President Wilson while
Franklin D. Roosevelt was Assistant
Secretary. They have been intimately
associated ever since.
Although efforts are being pushed
TO complete a governmental reorganiZa-
ton plan as soon as possible for pres
entation to Congress, there Is little
expectation that the complete program
Will be sent up for several weeks
Meanwhile, another North Carolinian,
G. Leroy Shipping of Greensboro, was
Endorsed today for commissioner of
Internal Revenue by the States dele
cation in the House.
Group Calls on Farley.
The Representatives, headed by Pou
and Hancock, called ON Postmaster
General Farley. patronage dispenser to
urge Shupings appointment. He Is .
lawyer and managed the Roosevelt pre-
convention campaign in North Carolina.
Recently he has been active in raising
money to pay of the Democratic
deficit
Pending the consolidation of the
transportation agencies, indications
have been that Daniels would be APP
pointed chairman Of the Shipping
Board.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-09
DETROIT FACTORIES
PAY WAGES IN CASH
Auto Manufacturers Place Hun.
dreds of Thousands Currency
in Circulation.
BY the Associated Press.

By the Associated Press.
DETROIT, March 9.-Hundreds OF
thousands of dollars in currency was
placed in circulation today by Detroit's
automobile factories, through 100 per
cent cash payments of weekly wages to
employees.
Although the companies did not DIS
close the amounts Of pay rolls, most of
the larger ones reported cash payments
in full of wages for the past week.
The Ford Motor Co. and General
Motors Corporation announced they
were continuing to meet pay rolls in
full with currency. The Hudson Mo-
tor Car Co., said employees were paid
today in full, the money required for
the weeks pay roll, totaling approxi-
mately a quarter Of a million dollars,
having been provided In advance of
the national banking holiday.
All motor companies reported they
were continuing production, although
some said operations were on a restrict
ed basis.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-09
MACDONALD SEES
DALAD|ER TODAY
British and French Premiers
Will Discuss Germany's
Threat to Rearm.
BY the Associated Press.

BY the Associated Press.
PARIS, March 9.-French fears that
Germany may announce it intends to
rearm are likely to be one of the prin-
cipal topics Of the talks here today
between Prime Minister Macdonald
and Foreign Secretary Sir John Simon
of England, and Premier Daladier of
France.
The French seek to forestall such q
possibility by q big power pronounce
ment against Germany.
The British statesmen will meet
Premier Daladier for the first time
since the formation of the new French
government. They will leave tonight
for Geneva for disarmament conference
discussions.
Seek Five Power Farley.
It was understood here the British
leaders are seeking a five-power con-
ference in Geneva to wind-up the dis
armament situation.
A strong joint effort to obtain some
practical results at Geneva Is expected
to result from their conversations with
M. Daladier. Other international prob
lens are likely to be discussed but the
disarmament question predominates.
belief in British quarters that the
disarmament conference is threatened
with failure is the reason why Mac
Donald and Simon decided to go to
Geneva, q London dispatch said.
German rearmament would be In vio-
lation Of the treaty of Versailles re-
strictions which limit Germany's army
to 100, 900 men and its navy to pure
ly coast defense force with personnel
Of $4,000.
Won Neurath Voices Threat.
After the accession Of Chancellor Hit
Ter in Germany, his foreign minister,
Baron Won Neurath, said Germanys
patience was exhausted" because the
Geneva conference has discussed much
too long and exclusively" Frances Sc
curity wishes. He said Germany may
soon be compelled to express its
wishes more clearly"
For many months the conference
has sought ineffectively to conciliate
German demands for arms equality and
the French security scheme. Chancel-
lor Hitler recently reasserted the Ger
man equality demands, which last year
precipitated the withdrawal Of Germany
from the. conference for about four
months.
A Geneva dispatch last month said
the French project for disarmament.
calling for international control Of arms
and new regional pacts Of assistance,
appeared to have lost all probability OF
acceptance.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-09
CONFERENCE CALLED
ON INSURANCE LOANS
Continuance to Be Taken Up by
New York Official and
Companies.

By the Associated Press.
NEW YORK, March 9.-George s..
Van Schaick, State superintendent Of
insurance, said this morning that he
would hold a conference with insur-
ance companies today to consider con-
tinuance Of granting loans on insurance
policies.
Another matter that will be taken
up at today's conference Is the clause
in State insurance laws controlling the
suspension of the privilege Of surren-
dering policies for their cash value.
Van Schaick said that up to the
present mo ruling has been made by
this department on those points"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-09
Virtual Wartime Restrictions
Keep Out Callers, Except
Those Actually Engaged in
Working Out Plans.
NO OFFICIAL COMMENT
ON REOPENING TOMORROW
Action Depends Largely on Roose-
velt's Recommendations, but
Agreement With Congress Lead
ers Is Expected to Permit Large
Number to Resume Business.
BY the Associated Press.

by the Associated tresS.
Hedged about by virtual war
time restrictions which kept out
all callers except those actively
engaged developing the plans they
have under way, Treasury off,
Gals went ahead today with the
work Of charting a course for the
Nations banks until the special
legislation enacted by Congress
can 60 into effect.
With the converting Of Congress
into special session today, Secre-
tary Woodin continued his confer
ences with financial and monetary
leaders, maintaining throughout
his close contact with President
Roosevelt.
Despite Secretary Woodin's Or
der that all inquiries regarding
the new banking regulations be
directed to the regional Federal
Reserve Banks, questions con-
tinued to pour into the Treasury.
In the rush there was little time for
officials to reply to the numerous in
quiries that streamed In upon them
from newspaper correspondents and
through kilograms. Most Of these had
to await the regular daily conferences
with Secretary Woodin, set for II am.
and 4 pm
Officials Decline to Comment
Whether banks would be permitted to
reopen tomorrow depended largely ~upon
president RooSevelt's recommendations
today, and no official would comment
on the pending action.
No word was forthcoming on how
State and Federal banking regulations
would be co-ordinated, but many as
sumed that Congress would give Federal
authorities full power over State as well
as reoeral Reserve and national banks.
Inc first change that came from the
department today was the Issuance hv
the Federal Reserve of instructions to
member banks to compile lists of all
those who have withdrawn gold from
MEMBER banks during the last two DAYS.
This was broadening of the instruc-
lions issued yesterday for reserve banks
to send in the names of all persons who
nad Withdrawn large amounts of gold
since February l.
Record Kept BY Banks
The banks Of the country have kept
record OF all persons withdrawing siz-
able sums OF gold during the last two
years.
Just what action will be taken when
the list is sent to WASHINGTON has not
been announced, but it was pointed out
tnat officials would be in a position to
make public the names of persons thew
suspect OF boarding or secretly export
ing large amounts Of gold.
Such a list, If compiled, would con-
tain the names of all persons who with
Grew gold ID months ago when Euro
pean Withdrawals took $3.50, 900 900 OF
Continued on Page 3. Column a.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-09
MONEY CIRCULATION
GAINS $9O6, 100000
Total Increased to Sc, $40, 617, 1879
in February-Gold Figure
Higher.

By the Associated Press.
Circulation Of money in the United
States increased sso6,ooo0oo to total
Of $6,545,617,139 in February.
Gold in circulation increased from
$47s,S37.314 to SSH, 1897, $50 and the per
capita circulation Of the country jumped
from $45.06 to $5223 the highest per
capita circulation since october 81, 1920,
while the total circulation was the
highest on record up to that time.
The total money in the country in
creased from 1854, 125,276 at the end
Of January to $10,275, 195,454 at the
end Of February. The total gold Of the
country dropped from $4,543,030,918 at
the end Of January to $4,379, 268, 500 at
the end Of February. OF the total gold,
the Treasury held 1921, 684.l72.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-09
MANCHUKUO RULE
. IS SET Up IN JEH0L
Officials Follow in Wake of
Army to Take Govern.
ment Control.

CHINCHOW. Manchuria, March
9 R.-Headquarters of the Kwang-
tung Japanese forces In Manchuria)
army is ordering a general attack
tomorrow for the purpose Of ami
hilating all Chinese troops still re-
sisting along the Great Wall district
inside Jehol Province.
BY the Associated Press.
Following close on the heels Of jap
anese and Manchukuoan troops, who
have swarmed over Jehol Province the
last IS days, Manchukuoan rulership
now is being established in the territory.
Manchukuoan officials have taken
over control of villages and cities de-
serted by the Chinese in the face OF
the campaign which has carried the
invaders as far as the Great Wall sep
arating the province from China proper
Immediately following the fighting
forces came publicity wagons" and
propaganda speakers who extolled the
advantages of Manchukuo. The Man.
chukuoan officials who took over the
government of the cities and villages
were not far behind.
Villages Deserted.
Over a stretch of $50 miles there were
many deserted villages, with IS per cent
of the buildings unoccupied. and with
only aged persons and children there
abouts
Meanwhile reports from Chinchow,
Manchuria, told of an unsuccessful at
tempt by reinforced Chinese troops to
retake Kupeikow pass through the
Great Wall. They were beaten back by
the infantry brigade of Maj. Gen
Tadashi Kawahara.
An engagement south Of Wukungfu
the Toxic dispatches said, resulted In
IS Japanese killed and 80 wounded
The skirmish occurred during "moppins
up" operations of Maj. Gen. Heijiro
Hattori.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-09
PLATINUM PRICES RISE
DUE TO BANK HOLIDAY
Gold Shortage Confronts Dentists.
May Have to Use Palladium
a. Substitute.
BY the Associated Press.

By the Associated Press.
NEW YORK, March "a sharp rise
in the price Of platinum has been at
tributed to the bank holiday.
Because of the embargo on gold, .
speculative demand for platinum forced
the price upward from $21 q troy ounce
to . point where bids as high as $50
were reported.
gold shortage, 1t was reported, as the
United States assay ONCE declined to
sell gold for any purpose. Commercial
dealers In gold were investigating orders
to forestall boarding.
Some dentists said they might have
to use palladium and other substitutes
for gold In making plates and for fine
work.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-09
. RESIDENT ROOSEVELTS
- message to Congress today
| follows:
To the Senate and House

- message to Congress today
follows:
To the Senate and House
of Representatives:
On March 3, banking operations
in the United States ceased. To
review at this time the causes Of
this failure Of our banking system
is unnecessary. Suffice it to say
that the Government has been COM
PEELED to step in for the protection
of depositors and the business Of
the Nation.
Our first task is to reopen all
sound banks. This is an essential
preliminary to subsequent legisla-
ton directed against speculation
with the funds Of depositors and
other violations Of positions Of
trust.
In order that the first objective
the opening Of banks for the re-
Sul1ipOlOU VI -AAAdy Nc ~
complished, I ask Of the Congress
the immediate enactment Of legis-
lation giving to the executive branch
of the Government control over
banks for the protection of deposit
tors; authority forthwith to open
such banks as have already been
ascertained to be in sound condi-
ton and other such banks as rapidly
as possible; and authority to re-
organize and reopen such banks as
may be found to require reorganiza-
ton to put them on a sound basis.
I ask amendments to the Federal
reserve act to provide for such ad-
ditlonal currency, adequately Sc
cured, as it may become necessary
to issue to meet all demands for
currency and at the same time to
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-09
Pictures of the Inauguration

The Rotogravure Section of next Sundays Star will
contain unusually interesting collection of photographs
covering all phases Of last Saturdays Inauguration Cere
monies.
Washngtonians will naturally wish to send The Sum
day Star to their relatives and friends who live outside
of Washington.
The Sunday Star will be addressed and mailed post
paid anywhere in the United States, Canada and Mexico
for cents It is suggested that your order be registered
The Star Office Eleventh Street and Pennsylvania Ave
nue. well in advance There will be demand for this
issue and orders should be made Immediately.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-09
Deposits Accepted
By New York Banks
Under Holiday Rule
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, March "a few
OF the leading commercial banks
opened today, for the first time
since Friday, to accept cash de-
posits to be credited to regular
accounts. This activity was in
addition to all previously per-
mitted functions.
Chase National Bank, in max
ing this announcement, stated
cash deposits are being taken at
the discretion of officers Of the
bank and under restriction.
Savings banks here expect to
open tomorrow morning to trans
act such business as is permitted
by Federal and State authorities.
Copyright. 1889
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-09
900 FOUNDATION
IS LOST TO STUDENTS
Depreciation Of Treat Estate Pre-
vents Benefit Provided in
Will.
BY the Associated Press.

BY the Associated Press.
BUFFALO, N. Y, March ellis Milo
Treat, wealthy oil and gas operator, with
holdings in Pennsylvania and the Mid
die West, who died here recently. created
in his will 81, ooo. 900 foundation to aid
needy college students. However, depre-
citation Of his estate, his attorney said
today, will make 1t impossible to set up
the foundation.
The win, filed here, makes requests
originally totaling several million dol
lars. The estate had depreciated to APP
proximately $500, 900, the attorney, Carl
ton +. Ladd, said. 90,
A codicil directed that the proposed
foundation be made contingent upon
the condition Of the estate ct ~ death.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-09
BY G. GOULD LINCOLN.

President Roosevelt called upon
Congress today for the broadest
powers to deal with the banking
emergency for the benefit Of the
people. An hour after his mes
sage was read in the Senate, Sen
ator Fletcher of Florida, new
chairman of the Banking Com
mittee, introduced the administra-
tons plan for drastic revision of
banking. Action was delayed in
the. House by a snarl on organi-
cation.
In a message read in both
Houses the President asked:
Control by the Executive branch
of the Government over all banks
with authority to open immedi-
ately sound banks and to reor-
ganize AMI reopen such banks as
may need reorganization.
Amendments to the Federal Re-
serve act to provide for additional
currency, adequately secured, to
meet all demands for currency
and Of business.
This additional currency is to
consist of Federal Reserve notes,
and is provided for in an admins
tration bill transmitted to the
Congress for its consideration.
The President called upon Congress
for immediate action on this measure.
"A continuation of the strangulation
Of banking facilities is unthinkable,"
said the President. THE passage Of
the proposed legislation will end this
condition and I trust within short
space Of time will result in resump-
ton OF business activities"
"a New Relationship"
The President said he was confident
the enactment of this legislation will
not only lift Immediately all unwar-
ranted doubts and suspicious in re-
gard to banks which are 100 per cent
sound, but will also mark the beginning
of new relationship between the banks
and the people of this country"
Permanent legislation removing the
evils existing in the banking system,
the -etdent told the Congress, could
no. drafted within the short space
of days since he took office. This
permanent legislation he will send to
Congress later.
Two other measures which the Presi-
dent regards a. of immediate urgency.
he said he would recommend to Con-
gress lat an early moment"
What these two measures are he did
not specify. Apparently he includes
them, however, in his emergency pro-
gram.
Our first task said the President,
ais to reopen all sound banks. This is
an essential preliminary to subsequent
legislation directed against speculation
with the funds of depositors and other
violations of traditions of trust"
Message 500 Words Long.
In this way the President indicated
the line which his recommendation for
permanent legislation dealing with the
banks would take. He called attention
that on March banking operations in
the United States had ceased. Declar-
ing that it was unnecessary at this time
to deal with the causes of the failure
of the banking system, the President
said that the Government had been
compelled to step in for the protection
of depositors and the business Of the
Nation That step had been to close
all the banks.
The Presidents message was COM
pressed into 500 words, one of the brief
est presidential messages dealing with
IOoy,tipyad a., Dooa q CoII1uop ~
Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-03-09
CULLEN Will PRESS
3.2 BEER MEASURE
Assistant Democratic Leader Will
Introduce Bill Immedi.
ately.
By the Associated Press.

By the Associated Press
representative Cullen Of New York.
assistant Democratic leader, announced
today he would introduce imnediatelv
and press for action the bill to leealize
and tax 80 per cent beer which died
IN the Senate last session.
The New Yorker Is a member of the
ways and Means Committee which
handled the beer bill sponsored last
session by Chairman Collier.
1t would have legalized beer of 80
per cent alcohol content by weight and
taxed it at IS a barrel.