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About The Banner-herald. (Athens, Ga.) 1923-1933 | View Entire Issue (March 5, 1933)
3 COTTON 1 s lIN 2 es e cee -n-v' } FDE%k‘ LOSE +¢ s »evaiee g;:: ' No. 454 ,osevelt Summons Cabinet For Swiit, Bold Attack Upon U.S. Banking Situation | BANKERS 614 BANAC ) LEGISLATORS ) LEGIaLATY: ICKLE SITUATION v ] b . ernor Talmadge Will . tend Conference With esident at Capital to evise Plans <JB.IDAYS ORDERED HROUGHOUT UNION B of States, Delaware, . eclares Bank Moratori- Saturday Night B % NGTON. — (AP) — wvernor Talmadge of Georgia ¢, Saturday mnamed a com of Ceorgia legislators to 1 h with him during Presi int Roosevelt's conference of Y Monday, to bhe able k| e legislation the con . 1y recommend. 3 B committee named i 3 ym 1 of Senators Lovette ) Connot nd Representa- Ve ( xton and Spivey. Wert appointed by Imadge after a conference i of members of the L . house and senate in e governor's hotel room. By FRANCIS CARPENTER ssociated Press Staff Woriter. A\ TLANTA, Ga—(AP)—A com tee of irteen Georgia bankers h ors decided late Satur o await the action of the ere of governors with si t Roosevelt before draft edial legislation intended the state’'s financial puz tatement issued Dy the eom after a lengthy meeting 1 t is understood that some form plan of legislation is con iplated by this conference, It . that Governor Eugene | uld in all probability ¢ in Georgia tion of this confer ( mley, state superin ler Ed Rivers, the house; Hamilton esident of the sen . John M. Graham, of 1 n of the legislative i the Georgia Bankers ned the statement of the committee of 1 ided to appoint a nfer with the gov -4 expected to lay be ) littee his plan as 4 t the governor's con e liately on his re ! early next week. 1 t added that “leg o gave assurance 1 legislation would be h of way in the ! ml when the final f niform proposal is ( se this legislation o not known, but J ounced by Speak- A 11 of the house a ovuld be offered in the Ite to a senate : g ere, passed, agreed ¢ nd signed with- Freliminary Meeting 3 meeting of the : 4 thirteen Saturday ‘ e governor's office, s pproximately 40 core of legislators, ton MeWhorter of - sald he believed I Georgi “are in the ghit now than they time since e withdrawals by ] tates forced the means of self- House KEd Rivers, rried airplane jour- Vashington Satur take over the Zislature at. one of ; us sessions in ] bankers they ] . 4 on page two.) e eet ———— LOCAL WEATHER lowly rising tem inday and Monday. IPERATURE o oo Tpns b v nen e RS eR SN creia i Bk iR D o v, RAINFALL s esae R BeisisD 0 March 1........:0:00 Since March 1.... .88 ¢ Marech rainfa11.....5.21 R e January 1., 8.%8 since .lnmmry 1..1:88 FULL Associated Press Service. 1 | , | 'MICHAEL'S STORE | x e | | F e v T | As an indication of the spirit “fi 'A[hf:ns merchants in "v;u‘l'_\'ingi "un" despite temporary inconven- | ’icncn of a banking holiday, Mich- | !ael Brothers, Inc., in their adver tisement in wday's Banner-Herald | ’ declare: ! i “We will be only too glad to ac- | icept bank checks as payment on !::(‘cuunt and in payment for mer- | | chandise purchased.” | { This store goes on to assert, at |the top of its advertisement, “Asi jan expression of our continuing | ":m(l unwavering confidence in our | people, our institutions and our ! feountry, despite any temporary ‘ {siluutiuns that may exist, we, “cheerfully invite you to use )(»lll: : Michael's charge account freely.” ! t — ——— , | . | | I\ i i | l ! { { | : | | | 3 | { a | 'Lzck of Small Change . Causes Greatest Incon i . | | venience | — | i i : Athens went about its business as usual vesterday despite a three day banking holiday which brought about a shortage of cash, espec ially small change. " The extent ¢o which the public has come to rely on banks to carry on its business was strikingly im pressed upon the Athens people during the day however. The in convenience experienced by a shortage of sma!l change brought thig fact home to the public more ¥than anything else, ~As Athenians | have often discovered when the electric lights are pub out of com mission, or the water pipes arel frozen, the conveniences which are generally accepted as a matter ofl course prove to be practically in- | dispensable when they are with held even momentarily. . The in-| convenience, however, was borue‘ good naturedly. < i Most business houses carricd un} ias if nothing ‘had happened, ac !ce’ptlng checks in exchange for{ goods, or on accounts. Invery rare instances, only, were checks re [fused. “The principal inconveniencej to business lay in the inability of) stores to keep on hand an ade quate supply of change, Most stores cashed checks for | their eustomers until the supply of ‘cash ran too low to continue that service, but after the checks were| cashed the currency in demonina- Itions of $5.00 and up was diffl icult to exchange for small cash, 'A spirit of cooperativeness was general, and only a few business houses shut down on business by check. An indication of the coop erative spirit prevailing is seen in the experience of one person who asked a store to change ten dollars | in order that the person might ;.:e-t' a dime for a child. The store could not change the bill but gave the person a dime. J. H. Hubert of the Hubert Banking company which remained opened for business vesterday said | (Con¢inued on Page Four) 1 ' ———————————————— Y 1 | JEHOLFALLS TD ! i ~ NIPPON'S TROOPS | . { : ! | 4 L [ ' ! iNo Shots Fired as Ad ' vance Guard of 128 Men| ‘ Raise Japanese Flags ' By JAMES A. MILLS | t(Associated Press Staff Corres-§ i poncent) ‘ { CHINCHOW, Manchuria -(AP) | ~——A handful of Japanese S()l(li(-l‘.\‘,: i])ushul through a blizzard ('rumi | Pingehuan, marched into Jehol City | iut 11:20' a'clock Saturday mm'n-i {ing and took it over without a! | struggle. i } Only 128 men were In the ad- | i vance guard which was first tol | reach the objective of Japan's in-! { vasion, but they raised the flag.-! iof Japan and Manchukuo withouri firing a shot, then pushed on south- | iward toward the Great Wall of | i China, l Tang Yu-Lin, governor of the! ’army, had fled. The defending | i troops were in ragged retreat. Most i lof the people had left. ! l It took only eleven days to nun-l ‘iquer Jehol and the campaign, Jap- , { anese officers said, cost much less | than they 'had anticipated. It alsoz required less time, for the basgi {\ (Continued on Page Two) 3 THE BANNER-HERALD 296090600 o S oo R A 000 R P SRR RO 20 A IR -..-.‘::.'-.«‘~>'Q-:f-‘»~"‘3‘-:-?(}:-:. %‘@%\%&\ i & R SO : X Sl s v s TR : R A s ‘@‘X\g B * ~$;1:§:.:¢,.5);.;:¢;(~$.:-:.; B 'Qo,;...;x;:;?.‘:_ SRR RPN AR R R 3 3 e B e R B S S e 4&l‘A“3"*‘,¢*;§é¥’s S e 3 i gfi;.;_;;g,,fi;_s::g;:gi::xn:;é:;:;:;:;qg.'-{gt;: e R RO N B o R R % i g g e s T SRR R N 35:25:}?‘:‘;:32"3)‘;:%‘955’ R R Gaan s T SRR B N L R GRS TS AR s % X ] ; e '%2-» 2 t 3 3 i e o T % i R % R R R R S A& BRoR {‘:"1::.. 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R s B R S RS R L s, s dE e s : b SR S R O T o SR S RRS AS 0 B RSBy o 4 Sk e R R R R s s % S Be R RsSR R e R e SR R T e R R e P 23 R R R S :<-:f:3:»:1:i:17:1:3.1'1:311::?*?;'3*?'?'1 R B o e o R R T AO R O~ e o A e Right Lung of Mayor l ‘Cermak Is Undergoing - A Gangrenous Process } MIAMI, Fla.—(AP)—A gan | Brenous process is occurring in Mayor Anton Cermak's right lung, his physicians announ ' ced Saturday night after they ‘; tapped the cavity of the organ. | An official bulletin, issued | after the doctors worked over . Cermak in the operating room . for more than half an hour . said the lung cavity yielded | negative results, but “the ‘lung | itself on aspiration yielded, } very foul air, ''but ‘no.rpus, - giving, evidence that a gan . grenous process was occurring ! in the lung.” The lung is the one grazed . by the buliet'. of Giuseppe Zhnßara, who shot the mayor ; in attempting the life of Pres ~ ident Roosevelt on February by EYES OF GARNER ‘ : WASHINGTON --(AP) «—Blink-% ing the tears from%his eyes, Johnl Nance Garner of Texas bade the | house goodbye Saturday with a | cnaracteristic “I'm much obliged to you all” and went to preside o\'(".', the senate with a smiling “I come to ‘, cooperate.” ] Thus did the one-time farm bHo7 | and cowpuncher cease to be speak- | er of the house of represcnmtivesz and become Viee President of thef United States. I To Garner it meant more ithan ! just trading jobs. It meant these- | vering of close contact and friend- | ships established during his 20 vears n the hcuse and the need for | establishing new ones in the sen- | ate,. i The house floor was opened t.)! the last seat when it came time for his departure to take the oath o!s cffice as Vice-President. Represen l tative Bulwinkle, a North Carolina | Democrat, had just presented a| gold watch to the Texan \\'hvn; Representative Snell of New Yol‘k‘! the Repuplican leader, urged Gar- | ner to yield the chair to Il;n\'lw‘! of Oregon, a retiring Republican, | Garnen did. Snell was introduced E and the house adopted unanimous- | ly, a resolution thanking “The | Honuvrable John N. Garner for the | &ble,- impartial manner in which | he” presided over the house in the cventy-second congress, : Brushes Eyes Brushing his eyes with the backs | of his hands and blinking vigor- | ously the Texan went back to pre- : side over the house for the lest, time. In trembling veice he said “l% probably appreciate this resolu- | tion more than previous speakers | . 4w« 1 have a very great affection‘ for a great many of the members of the house of representatives, . } “I'm much obliged to you all. Ang ! now 1 declare the house of x'epre-! it - (Continued on Page Two) 1 New President And Vice President Are Inauguarted PRESIDENT ROOSEVELT Athens, Ga., Sunday, March 5, 1933, “Frank” And “Al” Wave Hats at Each Other as New Chief Executive Holds Review of Parading Citizens of U. S. By DON J, KIRKLEY Associated Press Staff Writer WASHINGTON - (AP) — Square-shouldered, strong and steady, America marched Saturday up hallowed Pennsylvania avenue presenting to her new chieftain in an inaugural parade a sturdy sym bol of the power placed in his hand. CGiray skies, as i aware of the sol emnity of the, hour, loo!(ed down on deep-massed ranks of humanity from the great capitol dome to tho flat white house roof, between which the marchers . passed before upward of 200,060 craning specta tors. For one man in the parade that paid him homage, President Roos evelt had a special greeting—Al fred E. Smith, the “Happy War rior” as he labelled him in 1928 in nominating him that campaign’; rresidential candidate. : Smith, greeted by mighty sus Bold Assurance of Leadership Given By Roosevelt in Inaugural Address i By NATHAN ROBERTSCN Associated Press Staff Writer WASHINGTON —(#)— Franklin ID. Roosevelt took. over. the TPres {iduncy of an expectant nation Sat jurday with - a bold assurance of ]leadership and a pledge that he rwill demand war *ime powers if lnccessary to dissipjte the forces of depression. | ! Standing bareheaded on the | specially. construgted ~platform in [front of the ‘Capitol, the newly‘ [sworn President told a vas!i i throng of his countrymen that he fwould “assume unhesitatingly thei lleadership of the nation.” i I He outlined in- general terms an eight point “Ime of attack™ on leconomic problems—including "ad-‘ equate but sound money” — and leaid he would submit ~detailed | . . 3 Piedmont Market Praises Results From | . o = Advertising on Mid-Week Grocery Page! Athens, Ga , March 3, 1938. | “Gentlemen: “To The Banner-Herald, ! , “C'*y .4 ‘ “Upon your solicitation two weeks ago we ran a mid-week 1 advertisemont in The Banner-Herald, and as a result of this advertisement we realized quite a 2 creditable increase in our i mid.week business, so much in fact that we decided to try another advertisement last week. this produced as well, if not ! better results “We are very enthusiastic over this plan, as we believe that i it is quite beenficial to the housewife, in that it enables her to anticipate her requ-rements, and relieves the week-end con gestion and confusion in serving our customers ! “The customers, too, have seemed to appreciate this oppor- ] tunity to avail themselves of the specials which we have fea tured as numbers of them have made very favorable comment ! on the advertisements. ' “It is our intention now to continue these mid-week bar- I gains, and it is with ' pleasure that we commend the service : rendered by your organization. i “Yours very truly, 3 THE PIEDMONT MARKET. | L. 0. PRICE.” { R R L R BT S N R e e R R SRR R R R T sy 53 R ‘ R : R i R R R s S AN RO B Rl SAN PR ey p | EREEeSR A R SRR | PR i 3 i st % 3 [ TR | RESEERE ; A e R ey B SRR e B 4 & R BRI i Sast e B RSO R YRR A B R RO e SRR PR R s SR RO AR R o e ST TR adeetia B R O AR R e 0 SR TRt 8 e R AR R BRI l % RIS = B ‘-:~;2\;*.-: e R ‘i- i R 5 PR 23 R 3 e . O s e.SR R R e 3 SREe 4 S SR g R o g e BBy AR g R s R - i LR R B 8 ~;:;:;:“.;:]f'r;. . s 2 S : R SR R e g SR RS s RO $ ’:i:i.’-fi';;”‘f'fii.‘ g o, R AR R ,’-‘l"l:l‘3’2 AL %e R R LS, s R B S ;;:;:-:%’_f.-;:, e g : B e S - i3se s R S Sggßsl R R R PR 8 QRO i T R '-‘»'s'-'):3;5';;;-:-:-f-‘:(‘:-:-:i:~:':¥:'f.';-:3:7‘.-.-. ;’ SRR, e : R E T i R - S SRR R g i T WS Y | 2 5 e T R R g : o G %5R T R . 3 Ae e RAI SO 4 2 e R g 3 2 R e R 5 B % e A A - il ? 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' In full panoply the army start ed off the mile-long swing from Ithe capitol plaza to the reviewing Istand in front of the executive man ;snon. ; | General Douglas MacArthur, |chief ‘of staff of the army and ggmnd marshal of the parade, led {his troops about the serpentine iroadway - before the capitol, down EBroad Constitution avenue and iinto Pennsylvanial avenue proper ‘as a burst of cheering from spec | tators signalized the start. { Blue-clad and stepping smartly, ‘the army’s band carhe next, flaunt (Continued on Page Four) ! “ccommendations to a special ses !si(m of congress. ! The new President expressed the .{hope that the “normal balance of | executive and legislative author jlity may be wholly adequate to jmweet the unprecedented task” but {warned that “need for undelayed ;%‘;wtion may call for temporary de jarture from that normal balance |of public procedure.” | “I am prepared under my (-on-i | stitutional duty to recommend the ! measures that a stricken natijon %in the midst of a stricken wor!d{ in:u_v require,” he told his cheering | audience. i “These measures, or such other measures as the congress may ‘huild out of its experience -and i s I (Continued on Page Five) l ‘Charles Curtis Ends i - ~ Forty Years Work in Halls of Lawmakers WASHINGTON.—AP)—Four full decades of a brilliant "po litical career ended at mnoon # Saturday for Charles Curtis | of Kansas, ~who retires into - private life with his sister, | Mrs. Dolly fiaan, provocateur ~ of _the memorable. tea-table tempest over social « prece dence. I'rom official hostess to the Vice-President, Mrs. Gann will turn back to being Mrs. Ed ward Everett Gann, wife of a capital attorney, but her love of politics will keep her active in Republican women’'s affairs. Of his plans, Curtis will say little, but he has three jobs about whicp to decide by March 15. MRS. ROOSEVELT By LORENA A. HICKOK {Copyright, 1933, The Associated Press) WASHINGTON—(#)—In the big, high-ceilinged gitting room in the southwest corner of the White House that is to be her home for the next four years, Eleanor Foosevelt stood Saturday afters| noon, gazing soberly out the wine dow. “It was very, very solemn,” she s2id slowly,” “and a little terrify ing.” She glanced about the room, which looked huge and cold and impersonal, stripped as it had-beenl in the morning of the belongings of its previous occupant. “There will be, of course, all the settling to do,” she said. “And there will be necessary some figuring to cut down expen seg at least twenty-five per cent in accordance with my husband’s policy. “I am going to try out a few‘ things which I think may be in teresting., I want to try out hcrcl some of these new foods that Flora Rose and the others are develop ing at Cornell university.” In the Department of Home Eeconomics at Cornell a number of foods are heing devised that may meet the dietary needs of families with depleted incomes. “Another thing I want to do be cause I think it will be interest ing,” Mrs. Roosevelt added, “is te develop a number of entirely American menus that. can be served at the White House.” | The neéw mistress of the statelyi white mansion which is the.social' center of the nation’s capital, re-| affirmed Saturday her previously expressed deteiminution to simpli- Ty as much as possible . its scocial affairs. Wants Less Pomp “Neither Franklin nor I would want to do anything that would detract from its dignity, which we both love,” ah"efiuid‘ “But I be (Continued on Page Six) A. B. C. Paper—Single Copies, 2c—s¢ Sunday ROOSEVELT SPEECH | 1 DOES NOT AROUSE SOCIALIST LEADER] CHARLOTTE, N. C.— (AP) — Norman Thomas, Socialist candi date for President in 1932, viewed the inauguration address' of Pres ident Roosevelt Saturday as “quite a fine talk as Democratic talks go."” “But, of course, talk amounts to very little. It is what he will do about things that counts.” Thomas addressed an audience here, declaring that Sogialism is the logical plan for operation of the American government and urging a ‘republic of free citi zens living togepher in fellow ship.” e Ex-President to Remain in East to Give Counsel If It Is Desired i o i By JOHN F. CHESTER | Associated Press Staff Writer. NEW YORK.— (AP) —Herbert Hoover . Saturday night began again his life as a private citizen, but with the fanfare marking his departure from officialdom still Iclinglng to him here. . Expecting to slip quietly into !thc city, the ex-President instead was met by a throng and a mili tary band playing the long-fa miliar “Hail to the Chief.” . Mr. Hoover came directly from his special train to the Waldorf- Astoria. hotel, wherc he has taken a tower. apartment and where he expects to- remain - for several days. ‘He dined Saturday night alone with his son, Allan, and his scc retary for many years, Lawrence Richey, before turning early to rest, tired from the long strain of his office and the emotion of cir cun stances which marked his de parture from Washington, | The ex-President, nevertheless, was provided with a special switchboard and was prepared to ‘receive telephone messages rromi former Secretary Mills and other of his former financial aides, who remained in the capital. Richey said Mr. Hoover intend ed to deal only with personal matters during his stay heve, but it was learned authoritatively that one reasor for the cancellation of I,'nis passage to Panama and the Pacific coast was a desire to re- | ‘main in the East in the event his counsel might be desired. ‘ Mr. Hoover was to have saiiedi ‘Saturday night aboard the liner MPénnsylvania. No new passage 'has been booked on . any later boat and there was a possibility that he might travel West by land rather than by sea. Richey said that in the event of a boat trip, Mr. Hoover would not take time off for a fishing expedition in Panama, enrcute. Appears Pleased | The former President appearedi (Continued on Page Six) 2 FINAL LAME DUCK (ONGAESS EXPIRES | BY CECIL B. DICKSON Associated Press Staff Writer 1 WASHINGTON — (AP) — The last of the “lame duck” sessions ofl congress, with a record of failures surpassing that of uccomplish-] ments ,expired Saturday to nake way for a Democratic, dummatedl rational legislature that probably | will meet in extra session next week to combat the nation’s finan. cial troubles. Adjournment came in the house at 11:20 a.m., with Speaker John N. Garner’s farewell address and in the senate ai noon when Charlesi Curtiz of Kansas ended four years in the vice president’s chair -to vield his gavel to the Texas Dem ocrat. The end came amid impressiva scenes in both chambers, with Garner deeply moved over leaving the house where he served thirty years, and with Curtis solemn at ending forty years service in con gress. A Shortly after Garner was inaug | — G N ) eTR S B R e R HoXE] - SPECiAL SESSION OF CONGRESS WILL BE HELD AT ONCE Fifty Percent Guarantee ~ Of Deposits Among the ~ Plans Said to Have Been Discussed CALL FOR CONGRESS IMMEDIATELY SEEN Secretary Hull Urges Al .laying of “Unreasoning Fear”” As Necessary WASHINGTON —(#)— Carefully mapping a swift, bold attack upom . ’the depressed banking situation, Piesident Roosevelt late Saturday lca]led his cabinet into extraordl= nary session—its first meeting. He acted ® assemble his jde visors only a few hours after he {had proclaimed in his inaugural address that “there must be a strict supervision of all banking ond credits and investments", ana that “there must be an end-te \spcvulation withh other pcople’s money."” | In addition, he advocated “an [ndequte but sound currency” and |7ave emphatic notice ‘he woula | “presently’” urge upon congresg a | detailed program for achieving his aims. If necessary, be added, he will ask wartime powers to carry out his program blmself. The new head of the nation oute lined his program to an eager au dience as additional banks through=- cut the country invoked the right %‘m limit the withdrawal of depos= “its. The citizenry looked to ,Washinmon for guidance. To Call Congress » | Friends of Mr. Roosevelt said he | had not decided upon an exact date |for the special session ‘of the new . i(rongress and would not' do #0 une til a definite agreement on bank ’ing legislation had been reached, This was hoped for over the week=- end. From a leading member of the cutgoing administration came a strong indication that Mr. Hoover land Mr. Roosevelt had been seri §ously considering a 50 per cent guanantee of bank deposits as one point of attack. ' Some of the new President’s closest financial advisers were said however, to be strongly opposed to this plan. | One of the last acts of Mr. Hoo« ver as Chief Executive was tha !signlng of a measure rushed through both houses of congress ' Friday to empower the federal ‘('ulnml'ollwr of the Currency to limit withdrawals from District of Columbia banks. & ~ The Federal Reserve baord, which convened /at midnight Friday night for a three-hour meeting with the financial authorities of both admin= ’istrations. continued Saturday to receive reports of the banking sit= uation. It was said there ould be no statement. It was shortly afté@ the meeting broke up early Sat= urday that the motororia for New York and Chicago were announced, Soon after he was confirmed ad Secretary of State, Cordell Hull, one of Roosevelt’s closest advisers along economic lines, said in an oral statement: “The malin thing right now ig to allay this unreasoning and iine reasonable fear in the publie mind. “Nothing right now is more une justifiable than attempts to hoard money."” ; CALL 3 CONFERENCE WASHINGTON —(#)—Secretary | Woodin Saturday night summoned | Federal Reserve bank officia's and business leaders to come here sos |4 conference Sunday morning at iz}.«- treasury on the banking situe ation. } The call was issued by Woodin from the white house where late Saturday he was sworn is as treasury segretary in the presence of President Roosevelt. A The new administration is drafte ing emergency legislation, and ‘a quick call for a special session of congress appears certain. - President Roosevelt wm‘ ane nounce the .date for the new sese sion after a meeting Sunday with congressional leaders. It is believed details of the &n‘- templated banking legislation will be discusted with the nation’s fie nancial chieftains Sunday. ACCEPTS CHALLENGE - 7 By EDWARD J. DUFFY Associated Press Staff Writer WASHINGTON,. —{(#)—The echd of the Presidential oath for Frank lin D. Roosevelt had hardly died Sa.tund;y’ afternoon before h% (Continuea on Page Four) 4
