Newspaper Page Text
[sUNDAV. APRIL 23, 1933
/"——_-__—
i
Unable to Get Away
From Beer Question
_inued From: BEge One)
(Contin S
ot will concentrate on o}b-t
his " aajority -in She senafe,l
pininé * - hced yesterday.
b ‘ Augusta where h€|
Back "7 L . floor Leader Roy
ek others, Representas
E P o A, Epting et Clarke,
e =" nbers of the house of
gid 1 p have agreed tol
- \{ u special session,
o her all & BHE G R
iy formal appeal to
pre SIST 1 andge to calltue
pren u‘ of the latest of those
the ppeal is T. Oscar
E o Hart county, & Tal
prndot o in the last election.
- 77" vors a referendum @n
H:M‘N‘,n‘:u il at the session,
P 800,000 Represented
ackhup of counties repre
p | the legislative polls re
e iigwp-thirds of the BROs
i T itate are represented in
0 , legislators appealing sto
; :_“\‘\nnur to-call a :4.l)eciul‘ses—
| enact peer legislation. Forty
I“,, dounties represented are
jl, where in many instances
. delosing due to lack ofl
fiools are ’ %
enue. The population of (190!‘-‘
by according’ o the 1930 census
" 5.900,000, and of this number
;Twunm “Le u~['l‘t'h‘('ntk(‘ in thej
" ¢ legislators urging a beer |
csion. Repre entative lipting said |
terday.
),‘ n senators, twelve short}
:g,,,_ym‘i'.j\, nave indicated they
jor o speelal session and would
o for beer, the Clarke county
; enid, adding that he wus
' to hegip a tour of the state
” additibrial senate commit
ents. i
it is ug to the senate as to
hether WE will be able to giVEI
requisite majority of both the
use and isenate 10 the g«wernul',”
pLing id .
Rural Counties
He said heer pledges had been
ceived from forty of the sixty
e Georgla counties ‘having a|
jpulation; of less than 10,000, and
Ided Governor Talmadge received{
¢ main dupport from the smaller
unties. ‘
Only oné of the senate majority |
oc of thiryt-six, W. i Luvett,‘
Wrightsville, has signed thel
er pledge, Epting said.
The governor in Savannah told
¢ Georgla Bducation association
at legalizing the sale of beer “is
t going to stop the illegal sale
liquor in Georgia.” He askad
he preachers, the teachers and
o church folks of this state to
¢ their heads together and try
solve the prohibition problem.”
Georgiai Neterans of Foreign
ars added. ‘their voice to . the
bmor on the beer issue by adopt
v a 1 resolution asking the gover
! o call"fhe“tegislature together
¢ legalization of the brew.
The Atlanta Georgian,. reporting
check-up- -of Governor Tal
adee's mailsPriday, revealed 344
50 names for beer as follows:
“Against Beer”
“Pifty letters’ commending. Gov
nor Talmadge for his hesitancy
the hegridssue, signed mostly
| temperance workers, ministers
i the Consolidated Forces for
ohibition.
“Two were anonymous, one
ned ‘A Christian’ and the other
ned ‘A Supporter.’
'There were less than 50 letters,
e total of 50 being reached by
tances where _several names
re signed to one letter.
“For Beer”
'One hundred and seventy-five
ters asking for a beer session.
FAlso a petition for a beer seés
n, signed by 94 persons who
id they were citizens of Atlanta.
A petition bearing 75 names
)m Sumter county, declaring the
ners to he voters, asking for a
T sessfon,
lis petition was accompanied
: letter ‘from Representatives
Ikes and Chappell, of Sumted
Iy, urging the governor to call
éxtra session.”
TO EXPEDITE BEER
ALLAHASSEE, Fla.— (AP) —
:'I‘:"""‘)' Dave Sholtz Saturday
' oi¢ has real hopes the Glorida
i\:;‘:;y.. Will pass bills legalizing |
taxing beer and wine next/
& and then go to work on thel
WOf economic questions of bondl
Ujustment, public school re
chief executive minimizel]!
‘1“ 4 that the senate will h:‘u'e'
L 1N Dassing the four bills
‘!‘.;‘..“‘.Z“"“’ committee substi
b ;::f \_“"“-“\‘-fll)m‘oved beer'
Lo Dills and that the house
0t accept the senpte's meass
'u‘.‘ ‘H!X hody passes its Com-!
‘1‘1;“’”,': of the beer and \\'inel
hoi 11 sowsenate said thoy 08-
.‘»M‘".V measures to receive fi-|
e ibproval not later than
w E ¢
¢ ror . he senate committee
g ] orida’s existing pro
o Morcement laws so far|
beenn . 0 DOGE W and
b Bes. A AN legalizes |
o 11, cocs if they contain notl
‘l'll.. "I‘il»; x.l'mi(“’n[ HIC.OhO] ,b'v
ke il ourth provides f‘or
fover.. On and state taxes,
bear . umated at $2,000,000
0 to the public schools.
"H‘xN?'r?EFR PARADE
L GAss R e
f aen. Orth Augusta, 8. C.—
.. oc Tiver froun AN
ae 1,‘:”"“:“" to issue a heer
alge . L 0 thirsty Georgians
. vival meeting was in
g €1
Ber parade has
. T as been organ-
NE 0t ‘\,fl‘_”“ plan was to
Ursday ¢ orth Augusta next
erage is 1o f’] beer fete, The
laweq gyp ’f" over there, but
; lere
ne town ”"WPV;“T‘ a
‘2 Tevival was . ecided that
it for {ha mhdm progress, a
188yeq arade should not
nd go
burg 'é“-‘,@“ rade- wiill i e
» BUC instend;
. - . . .
ireds H ]
scn 1 - o
Mississippi Flood Renders Hundreds Homeless
T e T T T
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Moving slowly southward, flood waters which recently hit scores of southern Ohio towns are now
causing streams in the lower Mississippi valley to overflow their banks, inundating thousands of
acres and rendering hundreds of persons homeless. This airplane view shows inundation at _Webb?
Miss., in the new flood area. 2
MacDONALD URGES
UNITED ACTION IN
ECONOMIC BATTLE
(Continued From Page One)
pointed to economic disarmament
through Lt_lf' removal of trade bar
riers and to an agreement among
nations that would solve the mon
etary problem.
“Agreement, international agree
ment, is the only protection in the
currency question,” he asserted.
. World Inflation
From his conferences with the
President and a host of economic
advisors shortly before had come
the word that attention was being
giyen the proposal for world in
fla"]on.
Bhe Prseident and the Prime
Minister turned over to their ¢x
perts before the day was half over
the task of working out specific
ways of accomplishing the results
they sought.
In their first official communi
que, which MacDonald described
as a “perfect muddle, so brief, so
true,” the President and his guest
simply said:
“A prelimnary discussion was
held this forenoon between the
President and the Prime Minister
nt which the following were pres
ent: :
“Presdent Roosevelt, Prime Min
ister MacDonald, Secretary Hull,
Ambasgidor Lindsay, Raymond
Moley, assistant Secretary of
State; Chairman Pittman of the
senate foreign relations commit
tee; Herbert Feis, economic ad
visor of the State department;
William C. Bullitt, special assist
ant to the Secretary of State; Sir
Robert Van Sittart, Sir Frederick
Leith-Ross, James Barlow and
Arnold E. Overton.
“The main problems of the world
economic conference were review
ed and a decision was reached that
these sheould he allocated in the
first instance to the experts, who
would commence their discussions
Saturday afternoon and continue
them Sunday.”
NEARING AMERICA
Proposal Spoiled
By P. I. LIPSEY, JR,
Associated Press Staff Corres:
pondent
8. 8. ILE De FRANCE, :EXx
ROUTE TO NEW 'YORK—(AP) -
Approaching American shores
Saturday, former Premier Edouard
Herriot of France received with
his ‘eniergenc‘\' plans, devoted ex
(‘lusit/(-l_v to efforts to clarify the
confused international monetary
gituaticn, fer his conversations in
Washington with President Roos
evelt,
"The suspension 'of the gold
stangard in the TUnited States
swept from the board detailex
schemes which had been prepared
regarding tariffs and other com
imereial and economic problems.
According to French officials
views, the American action made
financial queetions not only domi
nant but also isolated, although
Mr. Roosevelt and next week’s
events in Washington may induce
the French mission to undertake
conversations on broader terms.
All sorts of possible tariff ad
justments, together with demands
and concession regarding national
legislatiml restricting trade, had
been drafted by M. Herriot’s ex
perts in expectation of possible
opportunities to bargain with
America.
But the special representative of
of the French government now be
lieves it uveless to discuss such
questions until the immediats
problem of curr(ncy has been
dealt with, i
The war debt question appears
te. have been showved into the back
ground, : }
Informed persoris on shipboard,
both French and American, believe
‘that “before the American gold
suspension M. Herriot was pre
raring a proposition—tentative no
doubt in view of the restrictions of
his government’s instructions—
for early settlement of Krance’s
debt to the United States. It IS
now believed there is no possibility
of any offer being advanced. For
the present M. Herriot's position,
remains strictly neutral.
The first internal combustion
engines were designed about the
vear 1680 and were made to op
erate on gun powder.
Transparent steel, made of
sheets thinner than paper, is prov
ing useful in the manufacture of
gcientific instruments, 5
)
Strength Shown |
By Market As It
yCloses This Week
— |
NEW YORK —(AP) —Markets'
ended the week with a flourish of
strength Saturday as dollar fluc
tuations narrowed. ;
Easy absorption of early stock
offerings found traders ready to
buy again and the tide quickly
veered back to the advance which‘;
became very brisk. Net gains|
ranged from 1 to about 6 points,’
which cancelled most of Friday’'s
reactions and put the closing mar_3
ket average only half a point un-¥
der Thursday’s 1933 high. Rails
and metals were favored, S:nlvsf
totaled 2,275,510 shares, the larg- |
est Saturday volume since last|
September 3. !
Wheat jumped around 2 conts[
while cotton’s early loss of apa-|
proximately a dollar a bale was ex-s
changed for a. smaller net advance.
Among stocks, metal issues;
glowed with a warm'th that re-|
called their previous exertions thisi
week. TU. Y. Smelting soared |
week. U. S. Smelting soared
2 and Anaconda, Kennecott, Inter_
national Nickel and American
Smelting betterthan a point. Sug-{
ars were well represented by gains
of around 2 points in American|
Sugar and Great Western, "
‘ COTTON RALLIES }
NEW YORK — (AF) — Cotton
rallied after an early decline Sat
urday and closed about 50 cents a
bhale higher. July contracts after
selling off to 7.27 at the start, ral-’
lied to 7.63 and closed at 7.59 with
the general market closing firm. '
New York Tabe
Open High Low Close P.C.‘
May.... 7.20 7.45 7,16 7.42 7.33
d01y.i... 7.00 .68 . 737 1.09 148
Oct...s 7.53 .7:85, 7.53: 7.80 7.72
- \
COTTON ACTIVE 1‘
NEW ORLEANS —(AP)— (‘o'(-3
ton was extremely aective in Sat
urday’s short session, and although
prices dropped $1 a bale in eax'l_\';
trading on profit taking, hedge
selling and liquidation in advance |
of May notice day, they later ral_|
lied sharply on renewal of general
buying and covering. The close was
very steady at net gains of 9 to 12
points.
New Orleans Table
Open High Low Close P.C.
Mav..,, 7.13 740 .13 17.38 7.27‘
Suly.... 7.28 7.67 1:125°7.63 7.44
0ct.... 7.48 7.78 7.45 7.76 7.66
CHICAGO GRAIN ]
High Low Close
WHEAT— |
MEY- . B 8 6434 .(H%i
JUIY s ot 06 .66 |
Bept .. . o 0 SR D6l 0106
.. CORN— '
May ... .. ... 345 .34 .34%|
July Lo MR Bl 87
Bept v oo e 38% (38% .38%’
OATS— ;
Mol 1. oo e 2058 20 388
InlY e, i i 285 VR .23%1
Sept‘- 350 .‘o we <2414 .24 ‘.24%i
EXECUTION OF MRS. |
|
JubD INDEFINITELY |
STAYED BY VERDICT
— |
(Continued From Page One) :
The crowded courtroom bhroke
into cheers when the clerk of]
Judge E. L. Green's court read thel
jury’s finding. !
Mrs. Judd was not present when|
the verdict was read. She wusi
brought into the court by Warden |
A. G. Walker of the state prisong
while the dheering still was in|
progress, .
She sat in her chair and did not |
indicate any understanding of
‘what had happened, even by the
flicker of an eve, when her hus-|
‘band, Dr. William C. Judd, sat |
d&own heside her, took her hand|
;and explained that she is to go to
state hospital for the insane in
istead of to the gallows, |
! HOLLOWAY ELECTED '
) ATLANTA, Ga.— (AP) —L. PL'
Holloway, Atlanta wholesaler, was
elected president of the Melon |
Distributobrs association, a nat- |
ifonal organizations of watormolnn]
growers and shippers, at the con-i
cluding session of its annual con
vention here Saturday. ‘
Natives of the Solomon Islands
waer apkiscen, of bortiee g, as
Tove SOINRR < o eI j
o Pl M Set 8 MiSas E A Bl
THE BANNER-HERALD, ATHENS, GEORGIA
PREDICT PASSAGE OF
ROOSEVELT PROGRAM
BY NEXT WEDNESDAY
(Continued KFrom Page One)
anti-inflationists in a statement
newspapermen replying to the at
teck on the plan issued jointly Fri
day by Scnator Reed and Walceot!
(R. Conn,) representative Snell,
Republican leader, and Represen
tative Luce (R. Mass,)
“Many of the bankers they have
been following,” Rainey said
‘'Soon will go to the penitentiary
They represent the Mellons, Harri
mans and Mitchells and their lead
ership. |
“These men represent an old
outdated school. They don't real
ie we are trying to remedy the
mistakes these gentlemen, and men
who think as they do, have made
in the last twelve years.
“We are going to do it, even it
they don’t agree to it, The safest
way to proceed along economic re.
covery is to learn what they think
and go exactly in an opposite di
rection,” |
In another off-the-floor stat:.
ments Representative Byrns, of
Tennessee, house majority lende.',
called the Republican attack *“‘un-
American.”
, ““Thig is not the time,” he said,
“to broadcast such statements as
this to the country every effort is
‘mmww revive confidence
and restore prosperity to the
| masses.”
! Byrns predicted house approval
of the inflation proposal, although
he said the farm bill would have
te go to conference Tor adjust
ment of differences ever other sec
' tions.
l Rrepresentative Rankin, fiery
| Mississippi Democrat, opened the
debate on the hcuse floor hy re
ferring to the Republican attael.-
ers as “certain alleged leaders of
the Republican party,” : :
! “They probably were aided and
lahetted by Andrew W. Mellon and
| Ogden Mills,” he said, “the two
'men most responsible for the de
!mumhle cendition of the " country
!tmluy, They should be character
‘ied as public enemy Number Two.
They are here lobbying against
.the greatest steps to aid humanity
‘ever taken by a president in a
llimo of need.”
| Replying to Rankin, Snell saic
he would “not apologize for any
thing in the statement and
would “take full responsibility for
it as a member of congress and as
|a. citizen.” !
| “1 did invite former Secretar)
| Mills to my office Friday to dis
cuss the matter,” he said, “and 1}
don’t apoligize for that either. The
difference between the Treasury
department now and when Mills
i\\'as Secretary is that it has all ot
the weaknesces it had then, but
not one item of the strength Mills
brought that dquartment_"
Overcrowded Fulton
.
Jail Is Threatened
By Big Fire Nearby
ATLANTA —(®)— All available
sheriff's deputies and county po
lice were called to duty late Sat
wrday and held in readiness to
move more than 400 prisoners
from the crowded eounty jail in
case of a fire in a grain elevator
nearby.
The prisoners were growing more
restless as sparks showered the
building while the flames ate down
from' the top of ‘the six-story ele
vator, through the third floor. A
water tower was used to spray the
side of the prison.
An hour after-it started the fire
was partly under control, but was
still showering buildings for
blocks around with embers. .Sev-|
eral small blazes were started but
were quickly' extinguished. ’
~ Every piece of fire equipment in
the city, and every member of thel
fire departmnt, on duty or off, was
called to help fight the blaze which?
was in the censer of a congested,
district of small stores, warehouses,
and industrial plants. I
James R. Bachman, secretary of
the milling company, said the re
placement value of the elewator
‘and plant was between $300,000
‘and $400,000, exclusive of the stock!
of flour and grain. He said it wa
well covered by insurance. ‘1
The flafnes = were visible for
‘miles, over the tops of 10 and 12
e X " ;’w e )P;@Es < !-
B TR
f,fi ¢ mw.;wx‘”i*, ’;rr
COTTON MARKET
FEELS INFLATION
Trade Concludes That Ag-|
ricultural Prices Will®
Likely Advance |
During the week just passed the
cotton market felt the influence of
an anticipated inflation of the cur
rency, according to J. Willlam
Firor and H. F. Burch, of 'the
Georgia State College of Agricul
ture.
The trade reasonably concluded
that the prices of agricultural
commodities, including cotton, will
\likewise advance. The unusual
price fluctuation of the past week
was brought about by an effort to
discount the anticipated lower
value of the American dollar,
The average price for spot cot
ton at the designated markets
Friday totaled 7.29 cents per
I)pound for middling 7-8 inch grade.
This figure was ‘IBO points higher
'than the low for the season and
135 points above the price a year
ago. Grade differences during the
week remained practically un
changed.
- Liverpool remained very quiet
but firm, with an upward tendency,
despite the unsettled rate of ex
change. A small demand was cur
rent at Bremen, while at Manches
iter the demand was poor, with
business being checked by the
high asking basis of sellers. Yarn
trade cloth was hampered, but
there was reported a slightly im
proved inquiry for cloth” from
India. 5
At southern mill centers' a good
inquiry for raw cotton prevailed
during the week, with a moderate
amount of business being done to
cover immediate needs. In New
England sections considerable hes
itancy has been apparent on the
part of the trade since the sharp
advance in price at mid-week.
Some reports from New England
are to the effect that a revival of
mill operations is to he expected
swithin the next sixty days.
The weather for the week ending
April 18 was‘somewhat mixed over
‘the cotton belt. Cotton’ planting
was practically unhampeced in the
Atlantic states northward to North
Carolina and westward to east
central Georgia. In other sections
of the state and westward to Lou
isiana progress was slow because
of persistently bad weather.
The first part of the week was
favorable in Arkansas, but later
rains delayed field work there.
Progress in planting in Texas was
slow. The northeastern section of
that state was too wet for plant
ing, while most other sections of
the state were too dry. Seeding is
normally advanced in Oklahoma,
where a small quantity of cotton
is already up-.
TAX REFORM IS NOT
MENTIONED BY GEA
(Continued From Page One)
years training. Teachers now hold
ing certificates would be 6.-xempti
from the proposed law. ‘
Governor Talmadge, who :\d-}
dressed the association Friday
night and told them the- progibi
tion problem presents a chullenge‘
to “the preachers, the teachers’
and the church folks of the state,”
competed his two-day stay by m-l
fending a review and reception at|
Fort Screven.
The governor is to spent 'Sun-l
day and Monday at his Mcßae|
home and return to his office in,
the Capitol at Atlanta on Tues
day. ]
. KEducational directors at the
present are face to face with a sO
- situation involving high school
and college graduates who in nor
mal times would be welcomed into
industry and drastic action is
needed, Prof. William H. Kilpat
rick, connected with Teachers col
lege, Columbia university told the
association in an address.
Insistent Demand
He said that with industry ham
pered and so many out of work
and on charity there is an insist
ent demand for vigorous steps
“not only to restore affairs to
more normal state but to prevent,
if possible, the reoccurence of such
periodic breakdowns.”
Gross inequalities of wealth and
infome, law standards of living
e—— P R s
YOUR DOLLAR GOES FURTHER HERE!
qsurororess o 15 2 CiEknip anp rresseo . . 19€
4 SUITS OR DRESSES— 50c 1 LADIES’ OR GENTS’ TOP COAT { B
CLEANED AND PRESSED . . . . CLEANED AND PRESSED . . . .
IPR OF PANTS S o 10C 4 'CERRD AND pressep .. - . DOC
ANYONEGARMENT = . . . Vv na .. 158
EVERY GARMENT WILL BE PUT IN A NICE GARMENT BAG! T 7T
WE WILL ALSO GIVE A 15% DISCOUNT FOR CASH AND CARRY!
BRING YOUR CLEANING AND LAUNDRY BY OR PHONE YOUR ORDER IN!
—FPHONE 276— : Ll
Industrial Laundry & Dry Cleaning Co.
: E. L. RUARK, MANAGER '
Corner Hull Street and Hancock Avenue, Athens, Georgia :
Strike Gold in Deserted Town
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Virginia City, Nev., deserted mining metropolis of the great gold
and silver strikes of 1870, is springing back into life. For under a
house, on land bought for $l5O, has been found a new vein of gold,
believed to be a major strike. Above Is Virginia City’s deserted
main street. Below, right, Oscar Lewis, discoverer of the new lode,
is holding a specimen of the gold ore. Below, left, miners tunnel
under the deserted house,
OMNIBUS COLUMN o Soirshany
Dr Rapeér Addresses
S, S. Class.
Dr. Arthur Raper, A.t]anta, re
search worker and field secretary
of the Commission on Inter-Racial
cooperation in Georgia, will ad
dress the “Race Relation” class of
the Young I’eoples at the First
Methodist church Sunday at 10 a.
m. He will discuss “Public Schools
for White and {Black,”
Ag. College Radio
Program
The radio program to be given
by the College of Agricultury
through a.hook-up with WSB, at
1:80 p. m., Monday, is as follows.
ssummary Report of the Georgia
National Egg Laying Contest,”
by J: €. Bell, supervisor; “Mavr
Day Programs,” by - Mary Morse,
assistant professor” of physical
education; “I Am Going to Biuld
a Home,” by Mildred Led‘fm'd, as
and other difficulties face the
young, Prof. Kilpatrick said.
“Our civilization has (in« normal
times) furnished material comforts
but it has lacked any certainty of
aim and direction”, he said. “No
adequate cause has commanded
loyalty, and if parents are uncer
tain, children lack guidance.
“Phe better homes and better
schools may try as best they can,
but business conditions of success
and money rewarded, with popu
lar approval, will on the whole
outweigh. Our system inherently
mis-educates.”
He said the situation calls for a
change. “First we must re-edu
cate ourselves” he said and the
educational profession must in
crease its learning. Second, he
said, “we must inaugurate an in
clusive scheme of adult education
and third, we must co-operate as
citizens and also as educators to
help the body corporate make
more adequate decision. Our
schools must “be remade to bring
up better a new generation.”
sociate protes'sor of applied art;
“Nursery School,” by Frances
TPorbes, head | . nursery schoo!
teacher; James 3. Bartch, vocal
instructor University department
of music; “Horticultural Hints
by Roy A. Bowden, manager col
lege greenhouse, and c¢rop and
market information,
Men in Dress Suits s
‘Sleep in Jail
~ The city calahoose was full Fri
day night. Well full. Its inhabi
tants were not the ordinary run of
criminals, however, They were
dressed in the regulation “souj
and fish” tuxes. They were im
prisoned for joining the Biftad
club, freshmen club at the niversi
ty of Georgia—the club initiates
new members by Thaving _ them
spend the night in jail
.
Athens Big Leaguers
Battle Ga. Coaches
An indoor baseball team for the
Citizens and Southern bank, in
cluding such stars, and Robert
Watterson and James Sarter, will
clash with coaches and facultf
team at the University of Geor
gin Tuesday -afternoon on the
campus, The cosches-faculty team
defeated student teams in the
campus-wide tournament now go
ing on.
Russ Colombo Will Play
For University Oances ¥
Dance-loving Athenlnns‘ will be
glad to know that the University
has finally decided to have Little
Commencement, or Spring Dances,
After getting everybody's appetite
whetted with dickerings with Guy
Lombardo, Ben Bernie, Jan Gar
ber, and George Olsen, the com
mittee to select the orchestra, pull
ed a turn-about-face, and picked a
band that hadn’t even been men
tioned bhefore. Russ Colombo has
been signed te play for the two
dances May 12 and 13. The only
FINANCIAL MARKETS
AGAIN ON RISE FROM
INFLATION PROGRAM
(Continued ¥From Page One)
.
ately higher, Copper futures eased
a little, in sympathy with a slight
easing of foreign prices, but the
demestic price for spot delivery
held at 6 1-4 cents a_pound, up
about a ‘cent in a week,
The standard price index of 9¢
representative stocks jumped 2
1-2 points Saturday, regaining
most of the 3-point recession of
the previous session. Trading was
active, The turnover of 2,275570"
was the largest for a Saturday
since September 3.
Gains in shares ranged from $2
to $5 in many issues, with home
stake mining registering the max
imum gain, getung within a few
cents of $205. S. S, Steel advancad
$1.50 to $§4z,37 and general motorsg
$1 to $17.37. American telephone
closed at $94.75, up $1.75, Utilities;
on the whole were laggards.
Issues gaining about $2 to $4 in
cluded Allied Chemical, American
Can, American Sugar, American
Tobacco B, Bethlehem Steel Case,
Cerro De Pasco, Corn - Products,.
Dupont, Liggett and Myers B,
Loose-Wiles, McKeesport, Tin-.
plate, National Steel, Proctor and
Gamble, Union Pacific, United
Fruit, and others,
et i '
GOLD STRONGHOLD ‘
By JOHN EVANS
PARIS —(AP)—. The Bank of
France became the gold strong
hold of Europe Saturday as a re
sult of a decision by the cabinet
to reamin on the gold standard.
i Eight airplanes from Holland
are due Sunday with §12,000,000 in
'gold to defend the guilder, and
‘Belgium and Switzerland are pros=
'h;uling their currencies by selling
their - foreign holdings.
The cabinet quickly disposed of
the question of follpwing the
American example in going vvafd
gold, despite the temporary relief
such a step might bring to the
budget deficit, ' s
Finance Minister Georges Boq
net explained that France was mot
in the throes of exceptional eir
cumstanes comparable to those
which motivated ‘President Roos
evelt's” decision concerning the
American curency. \ 7
The cabinet sent new instrues
tions to former Premier Edouard
Herriot, who arrives in New Yoli*k:
Sunday, for his economic confers
ences with Mr. Roosevelt. He was
teld to inquire immediately about
the President’s intentions in re
moving the United States from the
gold standard, and to learn wheth
er the action was temporary or
marked the bheginning of a definita
policy of devaluation,
i Finance ' Minister Bonnet ex
presed the hope that all countries
would return to bold as soon as
1 possible,
| Government commercial experts,
| helieving that the dollar will ap
proach par, decided that at prese
ent it was unneccessay to impose
an exchange tax or to promulgato
tariff nieasures against a possbile
“invasion” of American goods.
The dollar strengthened Saturs
day, closing at 23.25 francs, up 33
centimes from Friday's close,
Alaska, which the United States
bought from Russia for $7,200,000,
has produced $600,000,000 worth of
minerals since 1880, J
‘ All the blood in your body has
to go through young luhgs 2,000
} times each day. (1N el
e . e et ——————————
‘trouble with that is that half the
boys will be afraid to have their
girls present when he starts singe
ing. i
Clearing House Banks to :
Close Memorial Day.
Athens Clearing House bank#
will observe Confederate Memorial
day next Wednesday, April 26 aufi
will remain closed throughout th@
day, it is announced. 4
Red Cross Office To ;
Close on Monday
In order to handle the accumiud
lation of office work, the Red
Cross office will be closed all day
Monday, April 24th, except foF
emergency calls reported to the ofe
fice (telephone 871.),
eom—r— e EAV
Red Cross Needs Hats a 3
For Distribution Helre
The Athens Chapter Americagy
Red Cross is receiving a numbee
of calig for mens hats and i¢
would appreciate donations ok
straw or felt hats and caps. J
PAGE FIVE