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About The Banner-herald. (Athens, Ga.) 1923-1933 | View Entire Issue (March 6, 1933)
I COTTON P o ] pDLING B gvious CLOSE .. HOLIDAY s e m 101, No. 46 fGOSEVELT GIVES CONGRESS ONE DAY AFTER CONVENING THURSDAY TO PASS HIS PROGRAM ird Transfusion For Cermak Futile; Death Victor Early Monday YT \MI, Fla. —(@— Mayor An-| rermak of Chicago, the vie of a bullet Giuseppe Zungal'a; Fepruary 15 in an attempt csinate President Roosevelt, E ‘}_“,;_,H”' Nemorial hospital Monday @t 6:57 a. m., east standard time. | th followed a series of com ;;‘,“u aeainst which the Chi executive had rallied vallant ime after time. o fami and close friends , at the bedside. Mrs. Floyd lay, a daughter, was h-)»l(ling ¢ her father's hands when oil. Vivian Graham, a grand ghter, held the other. The sad -4 little group remained in the parlor of the mayor’'s room e to the death scene for sev \h. he wanted to live so much,” Richey Graham, a daughter And Mrs. Fran Jirka, another ohter, added, “He fought so 1. He ‘didn’t want to die.” ihers at the hedside included erman Edward F. Kelly, South k commissioner at Chicago, Dr. erick Tice, Dr. R. C. Woodward, erintendent “of the hospital, walter Wright eof Chicago, s, Clara DBeesley, secretary to mavor, Joe Cermak, a brother, k. John Kallal, sister, and Dr. nk Jirka. fay Cermak had ° previously lied after three crisis ‘n his dition. Colitis, threatened heart ure and pneumonia beset him quick successiop just as his caing bhad begun to beleive he uld recover from the rullet '} s still were optimistic turday but that night gangrene eared in the right lung, that hzed by Zangara's bullet, and he ] teadily weaker. A third blood fusion was performed Sunday an attempt to save his life and ttempt to check the gangrene $ made but the mayor did not pond He lapsed into a com§g night and shortly after dnigift physicians said death L matter of hours. I'he mayor died peacefully. He \ recovered from his coma. t Sidney Morrigon of - Bt. rtholomews Catholic ehurch, 20, had been praylng at Cer- A he for a time before he Meanwhile nother vietim of ng lets lay critically ill ospital. Mrs. Joe H. Miam wciety woman whose ( und has become in . it Attorney N. Vernon } id early Monday that } € Indictment of Zang2ra gree murder charge, wili ight, “The’ jury is in recess said, “and -as much as 1 ‘ think of it, it is not a L 'f recalling them but how 1 be recalled.” On Special Train vere made to take Il’s body to Chicago on Y traln, The tentative ar ere for the train to [ orhpm(E.S T nil was shot the E £ lary 15 by Giuseppe " naturalized Italian k 0 tried to take the ' ent-elect Roosevelt at ‘ eception in Bay Front i : of the five bullets he ¢ crowd around tha F found a mark but he President-elect as defleciod the assasin’s 2 his arm. ‘ itement prevailed as : = out, Secret service : € the President-elect’; e forward, but Mr. ring his own danger, up the T Clalkatas ‘ irried him to a hospi- Zungara was seized . s and nolice and his itimost ripped from his Igry crowd before he | shed to jail, There were | him Kill him!” as of d the assasin away ene, \ Siclans worked over . trmak, he smiled gamely - Roosevelt, “I'm glad ” € and not you.” j g Was given a speedy trial ~Wlity defiantly and re b ‘tences totalling 80 vears ) e s brought against 'Ves assault with attempi tontinueq on Page Sfx) FULL Associated Press Service. SUCCEED CERMAK? ‘_z,_'m———\’ psncly A B e e A R R ¢ x'?""'\"'l GRS R 6“:@. R R R SO B Lo i R B 3 R R B SR Bt g s>x S RX R R R TS Rog : e g e .‘:z':zz;:':‘:fl B R e R R S W,,« | . 8 SR R | B BRG] e R aa e S D e -o gt A e | RO .~;r'_:r'.'_-.~,:-;;;'::.v o GBS g N S | R o S | sgß S | =$ e s R S ase ‘. i r e : 5 Sy e e e e~ - a—————- R T R e e A MR B P el Lo R S e iR T R e e iy TR B% g T B B E P o, GWTOR B 7o LR g & ?fifi/ o ;«% % g E"oo 3 ! % . R e B o, g . 5 2% ; AR /‘r LR L T o B | Sgame ] e SR T s S G R ':v:; ‘ B o s 5 | R 7 T R A o | R P e SRR : 2 e e e B T B 3 2 2 52, .:V 2 ( 7/ 3 oe B o e 2 SR e R S e S m e @R B Re? B R R RS B 3 SRR R R o ’fi? i The successor to Mayor Anton Cermak of Chicago will be c¢hosen 'l)y and from the members of the \Board of Aldermen. Below are two ‘members of the board, one of which is regarded in Chicago as !his most likely successor. They im'e (top) Acting-Mayor Szymczak and John S. Clark. “TONY 15 DEAD. CHICAED MUTTERS Stunned City Officials Thumb Legal Precedents | .to Ascertain Successor. ! CHICAGO.— {AP) —A haggard, |sad-eyed group of men — close Ipersonal friends and political as jsociz’ltes of Anton J. Cermak— lended their incessant vigil at the |mayor's oilice in the city hall | Monday . | The mayor was dead. | As news services flashed word gos the mayor's death to the world, "~A]derman Henry Sonnenschein, adviser and formerly confidential isecertary to Cermak, turned from ithe late mayor’'s private telephone {with words: | “Tony is dead.” ! Aldermen and others high in lcity affairs looked at one anothery ?mumbled a few words and gradu {ally filed out of the mayor's office. |A few tears were manifest. | Almost constantiy since Cermak ¥wus struck down by a bullet from ‘thc pistol of the assassin, Giuseppe ;Zangari, Sonnenschein and the j others maintainea their watch. | They -kept in close contact with !the Miami hospital by telephone. %Monday the vigil was over. i Legal precedents were thumbed iwith small success in seeking a mode of selecting a new mayor o iflll out the unexpired term of Anton Cermak. . {' Apparently political leaders were {in agreement that there were ithree modes of approach to pro ‘viding the nation’s second city with executive authority in thg lemergency. They were: ! Choosing of a mayor by special ielection: ! Naming an acting mayor from !memberhsip of the ecity council: ] Permitting the “mayor’'s cabi- Inet” to perform executive duties. { The law governing -the present i‘_ (Continued on Page Three) THE BANNER-HERALD ATHENS BAYKS WILL OPEN GHANGE DEFOT HERE TUESDAY AM. Clearing House Banks Here Announce Opening of Depot At Old; Athens ' Savings Bank Bu*ding. 'HOURS ARE 9 TO 2; S2O BILLS LIMIT Depot to Stay Open Dur ing Holiday to Aid Citi zens, Business Firms. Athens (Clearing House banks Monday morning announced that a “change depot” will "‘be e¢pened Tuesday morning for the conveni ence of cifizens and business firms in_the old Athens Savings bank Luilding on Broad street. 5 The announcement stated that bills up to $20.00 denomination miay be exchanged for bills and coinsg of lesser denominations and that the “change depot” will be open each day from 9 a. m. until 2 p. m. as long -as the bank nroliday is in force. : The Clearing House statementis made in a joint advertisement by The National Bank of Athens ana The Citizens and Southern Nation al Bank in announcing that. in ac cordance with the proclamations of President Roosevelt and Gover nor Talmadge, the banks will transact no business @luring the four day holiday ending March 9. The Hubert ' Banking company announced that algo in . accordance with the national banking holiday proclamations, it would ' not trans act routine business until the ciose of the four day period March 9 but the bank would remain apen “for the convenience of our custo mers” to make change only, Athens Firms to Co-operate With Citizens in Crisis Advertisements in Sunday’s DBan ner-Herald carried announcements from two leading Athens business firms, The Piedmont Market and Michael Brothers, Inc,, of their in tention to co-operate fully with citiens during the temporary fi nancial stress. Piedmont Market announced that “In this particular stress fve beg to assure wvou that we will gladly accept your checks as usual in the regular course of business,” under the heading “Your Check Is As Good As Cz2sh”. Michael Brothe#s, Inc., adver tised, “As an expression of our -continuing and unwavering confi dence in our. people, our institu tions and our country, despite any temporary situations that may exist, we cheerfully invite you to use your Michael’'s charge accounrt freely. We will be only too glad to nceept bank checks as payment 01 account and in payment for merchandise purchased.” NEW YORK—(#)—Smiles in Wall street were worth almost as much as dollars Monday A banker got a rather hearty giggle with the following: Last Friday, he said, at one of the savings bank branches of New York's East Side, there wis ‘quite a line of deposits waiting to draw out cash. At the end of the line a woman appeared with a baby in her arms. “Please,” she asked, “will vou let me go ahead?” ' Both men and women in the line gave way, and in a few moments the infant carrier had her money. Shortly thereafter another woman appeared, hold ing a baby. She, too, went to: the head of the line. "When this had happened several times, the paying teller put his head out of the window and closely scrutinized the baby. “Nothing doing,” he said to the wfoman with the finfant. “Thig is the fifth time today that baby has been up here.” And it _ developed that a thrifty = foreign-born mother had been renting out her child for 25 cents {o various women who were in a hurry to with draw their savings. TODAY'’S BEST HUMAN INTEREST STCRY Athens, Ca., Monday, March 6, 1933. New York Clearing House Plans to Issue Scrip For Depositors’ Use During Crisis; Would Be Satisfactory Exchange Media NEW YORK.— (AP) —What is scrip, how does one gct it, and how does one use it? The answer to those questions were being iearned by millions Monday as bales of the freshly printed emergency currency were prepared for distribution. Clearing House scrip, being pre pared by the New York Clearing House association, consists of pa per certificates based on bank deposits. They are issued by a group of banks, rather than by one banking institution. Although details of the certifi cate plan announced Sunday by Mertimer Buckner, head of the Clearing House association, have not yvet been made public, it was believed ti'e new medium of ex change would be paid out by the banks in lieu of the old. A depos itor appearing at a bank to cash a check wculd be given the. cer FROTECT JAPANESE : l ] s i Ancient Wall to Be Trans formed Into Japanese Fortification. | TOKYO, —(#)— Three Japanese armies were turned upon Chinese forces Monday in a campaign te seize the whole eastern section of the Great Wall of China, The Great I pile which has been gurris&ned by‘ Chinese for more than 2,000 years | is to be transformed into a iortifi-g cation for the Japanosc-sponsoredl state of Manchukuo. : The Chinese were reponted muk-! ing a desperate fight sto hold thul wall, resisting much more strong ly than they did in feeble attempts to halt the victorious sweep of tha Japanese over Jehol province. | wanchiakow, one of the three im portant passes in the wall south of Jehol City, was occupied by the 14th infantry brigade under Maj. Gen, Heijiro Hattori after Ditter fighting. The Hattory vrigade toolz | Longkow another pass, previously after pushing southward frum{ Lingyuan, central Jehol City. | Farther eastward the 16th In fantry under Maj. Gen, Tadashi Kawahara, which seized Jehol City Saturday, was fighting its way to to Koupeikow, the pass leading to Peiping. On the east side the 33rd (Conti=ued on FPage Three) ! The President of the United States | | and the Governor of Georgia have pro- 5 claimed a Four-Day Bank Holiday which | " will last through Thursday, March 9. Ac- | ' cordingly the Athens Clearing House | i Banks can transact no business during | said period. ; | For the convenience of the Citizens of | ; Athens the Athens Clearing House Banks | will open a “‘Change Depot’’ where bills [ | up to $20.00 may be exchanged for bills | ; and coins of lesser dencminations. The “Change Depot’’ will be opened in the | | old Athens Savings Bank Building on | ; Broad Street, and will be open from 9 . | a. m. to 2 p. m., as long as the Bank Hol i iday is in force. | | THE NATIONAL BANK OF ATHENS g THE CITIZENS AND SOUTHERN f | NATIONAL BANK i TO OUR CUSTOMERS: . Under proclamation issued by the Pres ident of the United States proclaiming a legal holiday for all banks through Thurs day, March 9th, this bank is forced to suspend business until the holiday is ended For convenience of our customers, this bank will be open for making change only. HUBERT BANKING COMPANY (Private Bank—Notncorporated) College Avenue Athens, Ga. —ESTABLISHED 1832— | tificates to the full amount of the | cheek. It would also be the money in which pay checks were cashed, and it would be accepted by mer chantg, landlords, railroads and others instead of the old cur rency. Bankers said that since the scrip would be accepted for deposit at parvity by all clearing house members, it would serve as |a -satisfactory medium of ex change. < The certificates, which repre <ent actual deposits, will be is sued, it was believed, in denomi nations ranging from $1 up. It was the understanding here that banke, when thev rveopen, migny be permitted to pay out fractional coin—-that is coins ranging from pennies to “half dollars—to meet the need for change. Pending authoritative state (Continaed on Page Three) : | 5 | + | I; [ . | | Atlanta Police Say Hen | derson, McGee, Stanley Slayings Solved. i ATLANTA .—(#)—The congrega-| tion of an Atlanta church luid‘} {agide hymn books for shotgunsi Sunday and cgplurca ‘a Negro whom officers quoted later as 'con(essing two slayings and conr ipliciry in a third. ‘ i Liputenant W. ‘A. Wells of the 'county police identified the Negro as Rader Davis, 26. Officers said Dayis told them he broke in a suburban home a short time ago, fatally wounded Mrs |Sam H. Henderson with a shdt zun, shot her husband and club bed their baby and that he killed W. E. Stanley, 78-year-old Rock dale county farmer, and accom panied Emmett Gibson, another '{Negzo held here, when the latter killed. Hamp McGee, recluse tax: 1 driver. : The Rev. A. C. Peacock of Lhe Central Christian church, a dceputy sheriff as well as a minister, ad journed his services when he was informed of the presence of a sus picious Negro in the vicinity, sent |the men of the congregation home for guns and himself led the i (Continued on Page Three) DANKS 70 RE-OPEN 10 MEET PAYROLLS, CECRETARY STATES Treasury Secretary Wood in Says Where Possible Scrip or Certificates to Be Used For Payrolls. IMMEDIATE ACTION .~ PLAN OF TREASURY | g | - . 'Will Authorize Cash Issu . ance Where No Means . of Exchange Available. g WASHlNGTON,—(®)—lmmediate ]smps to lighten hardship caused by i the nationwide bank shutdown was proimised Monday, Secretary Wood in of the Treasury asserting that banks would be reopened if neces sary to permit payment of payrolls, ! He explained that fwhere pos !.\iblc the payrolls would be met | with clearing house certificates or I serip issued by the local banks, but lwhcre no such exchange means lwas available, he woud authorize {the issuance of cash to meet the l emergency, : | Woodin and his aids, the leaders ol congress and President Recose |\'l'll. himself were working hard at iplans for action at the earliest pos sible moment. l At the Treasury, the officials ]Loncentmtod on drafting regula 'tions to put into effect the four lduy bank Closing proclamation of ;thc president. Representative Rainey, nexs speaker of the house, summoned a Dermocratic cacus Wednesday to set up the controlling ways and means committee immediately. He and Senator Robinson of Ar ‘kansus the Democratic leader, both iindicated immediate action on whatever the President recommeids Ifor the emergency, with a probable recess then for a few days to work !out i general program, | Woodin said "we hope to have leverything fixed today.” Meets Governors The president summoned about {himm the governors of many states :!': ©immediate cooperative plans | with the national government, ’ At the capitol, senator Robinson !:faid he understood the immediate ll(-gislutiun to be brought up at ithe lspm-x’u] session Thursday “will be iluukin;.r toward the use of clearing i house certificates by banks that are lln moratoria to the extent of thei: ‘liquidity and authorization of a :se;.n':-gatic-n of new deposits.” | Secretary Woodin said the issu 'l:mcc of clearing house certificates jto be used in the place of cash lwould be local n each instance as (would be script. l He said there was insufficient time for the government to issue a ll:nirurm goript but that some med |ium of exchange would be available | promptly to the entire country. i One of the first efferts of the ad | ministration, he said, would be to Iwork out a plan so that the use iof checking accounts would be un | bampered and this medium of busi- Iness could, go forward as usual, Woodin said that safety deposit boxes and the postal savings would iremain open during the banking ‘huliday. . { "He said that whether a clearing | house certificate of one city would be accepted by merchants in ane other would depend upon the atti itude of the person receving pay- I ment but that he believed exchange provision would be effected. Huge supplies of certificates had already peen printed by the Am erican Bank Note company, in de nominations of $5, $lO, S2O and SSO, and every effort was being made lto put the new system into opera tion as quickly as possible, The mechanical difficulties were enor mous, but by Wednesday at least or possibly earlier it was hoped that banks in a number of cities 'would be paying out the new “money.” ;l In the meantime, gold windows it the Federal Reserve banks ths I'll‘eusury and sub-treasuries, were i closed, in keeping with the Presi {dent’s proclamation and ali deal ings in foreign exchange and inter inatonul dealings in gold, silver or ;uu'rcncy were at a standstill in the i United States. The principal for {eign financial centers struggled [with the problem of trying to re [ sume international payments | which were completely disrupted‘ | with official quotations on the dol [ar lacking. | On Gold Standard | Some financial authorities were linclined to regard the (‘nited ’Statcs as “technically” off the gold !standard, although this was rieniedl by Treasury Secretary Woodin in I Washington. The Wall Street security and e l (Continued on Page Three) | A. B. C. Paper—Single Copies, 2c—>s¢ Sunday. President’s Program Deep Secret But Air -~ 0f Confidence Rules TACKLES PROBLEMS N U e e T aDN el J :..:' b : o L e @ # 4 T. R ) i R R R % AT AR S PR A i GO e s g o e \l’ " k. so T 4 e'w 3 3 e B e B B * L B s BTI R S e W e e * B Q % T N ,* 8 * . ® T T B S .@’* ¢0 @ SO B o R e T e N N TER T . R g P T R S B e é )&"&flg “*’& %-,,-' e SR % S b e TR B s RA B R 2 S o e TETY ¥ .mA — - Bl Few photograph Saturday caught President Roosevelt in this pose, the gravity of problems con fronting him deeply etched on hi face, Acting with rapidity Sun day, he conferred with his cabinet and congressional leaded ind then declared the four-da nat ional holiday for banks, pending the convening of the congres in special session FOUR DAY BANKING HOLIDAY DECLARED Is First Step of New Pres .ident to Bring Order From Confusion. ‘ WASHINGTON—(#)—The nation Monday entered upon a four-day modified bank holiday while Pres ident Roosevelt, vesting himself with war-time authority, axerted the great powers of his office te restore financial order out of econs omic confusion. The first step of a direct, prece= dent-shattering offensive to bring back the normal free exchange of currency was taken Sunday night by a Presidential proclamation wuspending hanking operations ‘through Thursday, placing an em bargo on exports of gold and pro i hibiting the earmarking of gold ‘for foreign account. l Monday Treasury officials pre pared orders for the issuance ol ’mearing house certificates to be tvsed as serip during the holiday !;md Mr, Roosevelt and his advise lers shaped an emergency legisla« 'tivo program* to be presented ta icongress"in special session Thurs day. . l Governors who attended the in auguration Saturday were called Ito the White House hefore Xunch“ for a conference, with the .hanking: lcrisis foremost of the topies for discussion. The governors’ views ’were sought for the drafting 0!‘ Ithe remedial legislation ,whlcbl |congress will be asked to enact within a few hours after it meets A quick succession of events without parailel in peice time brought forth two proclamations from the White House Sunday as 'Mr. Roosevelt grasped the war fix_time dictatorial powers he pledged ‘himself to seck if the situation called for such bold action. Meets Leaders First he met with his cabinet and then congressional leaders. A proclamation convening congress into special session at noon Thurs day followed. Close to midnight SR (Continued on Page Two) SMILES EVIDENT AS LEADERS ARE TOLD OF SECRET WASHINGTON.—(AP)—A new congress—the seventy-third—will assemble Thursday at noon char ged with che weighty responsibil ity of meeting one of the most serious crises in the nation’s proud history. At the call of President Roose=- velt, issued Sunday in a brief proclamation asserting that the “public interest” requires its presence, the Democratic-dominat ed national legislature will meet primarily to enact legislation that will permit £n orderly reopening of banks. 2 Before it in person, Franklin D. Roosevelt may go with the pro gram that he has drafted after weeks of constant study for curing the country’'s ills. That he will depend upon his own telling ora-- tory to drive home to the legisla tors his ideas, instead of the drone of a reading clerk, has not defi nitely been determined, but it has been indicated for days that this might be his policy. " The first of the emergency pro gram that will face congress is near to readineds. In a brief mes sage issued through a secretary 'following the proclamation, the President said: / “Anticipating the meeting of congress on Thursday, I am pre= paring an immediate program di= rected to meet the present mone= tary . emergency. It is, of course, essential that the first business before congress will be the pres= ent banking and financial situa tion.” And, by his own movoments, the President has allowed con= gress just one day in which to drive his program through. Tha ‘bank holiday which he proclaimed @ few hours later will end Friday ‘morning and by that time the President hopes that the climb upward will have begun. If by then the legislation has not been jammed through, an extension of the banking holiday may be taken. P T Program Secret e ~ What this program ° that has ‘been kept 50 secrét is no one oute side of intimate advisors Kknow. ‘But through the long and tumule tuous S unday the man ‘who occupies the White Ho%fl carried on serenely, placating the worries of those leaders in finance and husiness whom he saw. Frowns which they wore as they entéred the White House had faded large ly as they left. An almost frank air of confidence shone from those who had been permtited to.logk beneath the covers of the “new deal.” o Once the banking situation is out of the way, the problems of congress will still be for from solved, however. A final pockst veto by President Hoover of the independent offices bill, carrying funds for the Veterans’ bureail among other establishments, will bring up early the question of cutting allowances for the former soldiers who have mnon-service connected disabilities. o The farm relief question, lefE almost as it was six months ageo by the expiring of congress, mq&@ be taken up again. TUnemploy=- ment, foreclosures on farms “HAnd” moderate priced homes, relief of distress, war debts, tariffs, the St. Lawrence waterway — all of these and manifold other prob lems awaiting the touch of tha new administration. i And, almost before it seia,,};{g bearings, the congress may have thrown before it a demand from the Chief KExecutive—as he indi cated in his inaugural address—a demand for sweeping war-time executive powers to carry on tha fight against the depression, = LOCAL WEATHER Rain Monday night and Tuesday morning. Warmer Monday night and slightly colder in west portion Tues< day. TEMPERATURE ; Hlighest < ibe wids sragowss NG LOWEBE i oo iidisig savaitii MOAN % wiy o wvis wini s Hmnies u T Nefmalii .o o oie oive oicas RN RAINFALL e Inehed. .0 0. @ oadases B a Total since March 1.........0.00 Deficiency since March 1 .. 85 Average March rainfa11.....5.21 Total since January 1.......8.78@ Deficiency since January 1. 2,05