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About The Banner-herald. (Athens, Ga.) 1923-1933 | View Entire Issue (May 26, 1933)
COTTON MIDDLING .. . g PRE\,]oUs cLOSE-” & it 9 st i vol. 101. No. 114, denate anestigators [earn Of J. P. Morgan Option On Utihity Sto PUBLIC WORKS INCOME TAX INCREASE IS ENDANGERING MEASURE Roosevelt Moves To Take United States Off Gold Standard By Law BESIDEAT MOVES D S GOO TBY LW {il Legal Money Will Now Mcect Debts Paya ble in Gold | WASHINGTON.— (AP) —Pres fient Roosevelt has decided that fle United States should ge off the gold standard by statute. 'He Friday requested Chairman teagall of the house banking wmmittee to introduce a resolu fion to place the United States off the zold standard by law. mhe. Alapama Democrat confer @l with the President at the White Houce. Later he cailed newspapermen so his office and read a copy of the resolution which he said ‘“‘de dares tne United States is off the gld standard by statute.” It repeals the ‘gold standard aet,” Steagall said. Adding thut under the resolution, ¢ bonds, no obligations eof the federal government and no obliga tions of any form would have to B¢ paid in gold or gold currency W 0 the enactment of the meas we. He said it would be possible for e for-ign debtors to pay the United States their war debts in wy legal money., ‘This bill frees the United Slates from the obstacles and landicaps of the gold standard,” be declared, ‘lt is an administration bill and ipart of Presiilent Roosevelt's fmergency relief program.” In addition, Steagall said the hw would make it unnecessary so: President Rosoevelt to devalu te the gold dollar under the in :l_“‘“'“ brovisions of the farm re et act , Steagall tormed the measure one U the greatest steps toward’ sta bilizing money in .the United States All legal money - under - this act, asserted, would meet all obli l‘mnf payable in gold. \ Chairman Fletcher of the senate Wiking committee will introduce ‘:videntit-ul resolution in the sen lf:;i‘ll hffll'“ws will be held and L4l eXpects action to come in ‘ekmn::u«smml branches next .:!‘Pag;.!! immediately: introduced f!‘,‘ontinuu] on Page Seven) fOR SLAYING OF TRAMINGHAM, ' Mase—(AP)— {;”‘i"’\ tely -the same hour Y. the bodies of thrae lttle filren o, lowered inte their sin S George's cemetery ,m:]"“‘ Muther wes arraigned in o charged with having Mered 11, B T.hr “iildren, Trene,. Chester and ,M“ Dyczhesky, aged 11, 7 and E ectively, were found f " house after fire had swept “ i Thursday. Two of “ AT cad, ostensibly of - I, Chester, died at spital later. An _H“ g ! the chijldren hal E faten and that the i ndiary., A fourth B iained in a eriti ; \Mirs. Nellie Dyczh found lying uncon- E sround outside her 7 the fire, was taken bo, AMmingham hospital to ’ YL the Dyeczheskis B, ¢ been econsiderable h,_,'z'}‘ ~ ‘0 the family. over X 9L the husband to r;’d'na's Farm Buster ¥ - ot to Quincy Team AT A e e . . A—(P)—Buster Mott, fitg,,, - Versity of Georgia Bty . V 0 was . recently iy, , ¥ the St. Louls Car ine,, . . een sent to its Bhap., '™ This eclub ‘is layes .. ° Milton Stock, Mott k * g fipgt game Tuuda.y. FULL Asscciated Press Service. McCarty Crenshaw Is Most Outstanding Student at University : 5@%1 ; ‘&' S :._;;_,':.;,;,?' e A <’ The University of Georgia’s ‘“‘most outstanding student of 1933” is McCarthy Crenshaw, of Jacksonville, Fla. and by an over whelming vote of the student body . Crenshaw polled more than dou ble the number of votes cast for his nearest competitor, Fred Solo mon, of Fort Valley. Marion Gas ton, of Toccoa, was two votes be hind Solomon, and Hamilton Lo key, of Atlanta, was in fourth place. The winner's name will be in scribed on a bronze tablet, He will receive his Bachelor of Arts degree in June, but entered the Lumpkin Law school as a fresh man only this year. Other honors accorded Cren shaw include membership in Sphinx, highest ranking honor society; Gridiron, second ranking society; “X” club, Blue Key, and a member of the Junior Cabinet. He al3» was elected to both Phi Kappa ") Phi Kapa Phi scholas tic ‘rarernities, was on University debating team, vice-resident cf tha University Y. M. C. A., lieu tenant-eccicnel in the R. O. T. C. uni: and served this year as pres ident of Sigma Alpha Epsilon sH cial fratermty. Crenshaw also played end on the Bulldog football team for three years and is captain of the track team this year. PETITIONS PROTEST WHITE'S DEPARTURE Baseball Coach Not Sum marily Dismissed; Stu dents Ask Rentention Petitions protesting the depar ture from the University of Coach Bill White, whose thirteen years as baseball coach was climaxed with southern, states and South eastern conference championships this year, were being signed here today. At the same time Director Stege ‘man said Coach White was not summarily dismissed. He signed a one year contract last June which stipulated that he was to receive a year's salary as coach but neces sitated him being in Athens only during the baseball season. This stipulation was to enable Coach White to make certain business connections during the time he was not forced to remain in Ath ens, Stegeman said. While no definite action may be taken until the meeting late in June of the Un:versity Athletic board it is said that the baseball coach may be employed as a sea sonal coach from March through May, and paid on that basis, Student leaders said that over 500 had signed the petitions de nouncing the dismissal of Coach White and requesting that he b= reinstated, They hoped to have 1,000 by Friday night, when a mass meeting may be held. The petitions will be given to the University Athletic association. Names on the petitions included members of the baseball squad (two of whom said they wou'd resign from the squad if White is not reinstated), and student lead ers, as well as Athenians, Among the student signers were Delmar Thompson president of the senior class: Charles Reynolds, editor of the Red and Black; Loyd C. Irwin, Secretary and treasurer of the sen jor class: Billy Hazelhurst, presi dent of the Pan-Hellenic council; Crozier Wood, captain of the polo team: Jim Cobb, president of the Thalian - Blackfriars Dramatic club, and others, Staff Readjustments Stegeman, athletie director, caid that + no oficial action eo— - (Continued on Page Seven) THE BANNER-HERALD NEW YO POLICE FLAED BY WAYR NG SLVINES, Mayor O’Brien Calls in . Police Heads and Orders | Gangland Activities Cur | tailed After Killings “STIFFENED SPINES” O’BRIEN SUGGESTION Another Racketman Tak en for Ride as Mayor Lectures Police NEW YORK—(#)—Racket. boss es grown so bold that they send their killers forth to do battle un der Broadway’s bright lights stir red New York to a new drive on gangs Friday. “Stiffened spines” was Mayor | John P. O’Brien’s preseription for {a social malady that is killing 'seores and draining millions from | New Yorker’s pocketbooks every Iyear. Calling in the police commissions er and the five district attorneys in the eity, he demanded more backbone in enforcing the law. Even as he spoke, racketmen were riding another foe to death. Unlike Wednesday night!s battle of Broadway, when twlo women and one man fell before “bullets big enough to kill an elephant,” the latest killing occurred in the byways of Brooklyn. John Friscia, linked by police with the rich slot-machine racket was done to death In an automo bile, and flung into the street. When passersby found his bullet torn body, one hand still clutched an arm-strap ripped from the ton neau of an automobile, He was described as a pal of George Kennedy, shot to death Tuesday night with Kitty O'Brien, a showgirl, in a Long Island apart ment. Strife in the slot-machine racket was blamed for this shoot ing, too, and detectives surmised Friscia died because he knew who committed the murders, Kitty O'Brien was one of three women who have fallen victims to gang fights in three days. The other two were wounded Wednes day night when two carloads of hoodlums battled each other in a racing skirmish down Broadway. Stray bullets him them as they walked along the sidewalk. Higher Prices for Coal, Hikes in Pay Asked by Operators CINCINNATI, O. —(®)— A call for higher prices and a 10 per cent wage increase went out to the coal industry of four = states Friday from Appalachian Coals, Inc,, huge marketing agency. ~ The wage scales of more than 137 mining companies are involved in eastern Xentucky, southern West Virginia, - southwestern Vir ginia and eastern Tennessee—the region where Appalachian Coals represents the bituminous coal in dustry. R. E. Howe, executive secretary of the agency, said he could not accurately state the average wage scale for the region or how far a 10 per cent raise would go toward restoring normal wages. Directors representing the major part of the potential 80,000,000 ton annual output of the agency's membership, approved a resolution saying that “the present selling prices of coal, and as a necessary result, the prices paid for labor, are too low, and that an increase of each resulting in the larger buy ing power is a necessary prequi site to a return to prosperity.” LOCAL WEATHER _—_## eLy ot A Mostly clpudy with local thundershowers Saturday and in west and notrh portions Friday night. TEMPERAT{RE Highest .... «.vt eees ss s 98.0 LOWOSE ..o snestunst: e snii MEEN ... seva weie sshn s 000 NOrmal .... -sees ssee fses i RAINFALL Inches last 24 hours .. 5... .00 Total since May 1 .. .. .. 218 Deficiency since May 1 .... .98 Average May rainfall .. .. 3.69 Total since January 1 .. ..16.93 Deficiency since January 1, 4.94 Athens, Ca., Friday, May 26, 1933 TALMADGE T 0 STAND AT ON - HIGHWAY BOARD CONTROVERSY Governor Flatly States No ‘Compromise Will. - Be Made and That Five En gineers Must Leave ABOVE INJUNCTION FIGHT, HE STATES Also Will Not Agree to Three Enginecers Leaving And Three Remaining ATLANTA-—(#)— Goyvernor Tal madge Friday flatly stated that there would be no compromise with the State Highway board over the discharge ,of five engineers specified by him, and that the de partmént could ‘“get its money”’ at any time it saw fit to meet his’ conditions, 2 . “l am standing pat on the de mands I made in returning the budget to the Highway board and later amending it betgre 1 gave it my approval,” the governor said. “The only agreement that can be reached is for the board to agree with my recommendations. The only wday for settlement is for those five engineers to put on their hats and get out.” Deniss Proposal - l The governor denied a proposal tad been made that an agreed state of facts be submitted to the State Supreme court, and added he would not agree to such an ac tion. “The framers of the Georgia Constitution must have known what they were doing when they placed the governor:of the state beyvond the reach of mandamus and injunction proceedings,” he gaid. i Goyernor Talmadge also denied a proposal had been made to ‘him that two of the three engineers involved in the controversy would resign if he would agree that the (Continued on Page Three) SOUTHERN MUTUAL ELECTS MIGHOLSON M. G. Nicholson, Promi nent Athens Merchant, Succeeds Brand on Board M. G. Nicholson, for years one of Athens most prominent business men, was elected to the Board of Directors of the Southern Mutual Insurance company to succeed the late Congressman C, H. Brand at a meeting Friday morning, Mr. Nicholson is a veteran member of the Board of Stewards at the First Methodist church, treasurer of the church, member of the Board of Directors of the American Securities company, and was secretary-treasurer of the Davison-Nicholson company here for 30 years. For several vears Mr. Nicholson was with the J. S. King and company supply house here. He took a great deal of intereat in the Retail Merchants associa tion and the chamber of commerce (Centinued on Page Seven) Athens Will Pay Tribute to War Dead By Purchasing P oppies Here Saturday Saturday America will pay honor to its World war dead. Millions of Americans in every part as the country will wear bright red pop pies to show that they still remem ber and are grateful for the serv ices of those men who gave their lives in defense ofl the country fif teen years ago. Here in Athens the women of the Allen R. Flem ing Unit of the American Legion Auxiliary will distribute poppies in all parts of the city throughout the day. Preparations for Poppy Day were completed today by the local Aux iliary women. A large corps of volunteer workers are . ready to take the streets early tomorrow morning with the city’s share of the memorial poppies. Women from other organizations have of fered their help to the ;_auxflhryi and are enrolled on the auxiliary's ~ESTABLISHED 1832~ HEADS BANKERS e o . sttt et S s e N i R e RNS o " Ty SF R R ? 2 T SRR e 3 R ieR e R R: e R s S SR & R N B s R % T jB: 3 4 118 B i %5?‘@5355553;*5@ & BRX B > i e k| B R BRI : B bt S < o R B R B R S A SO 4 i - R 3 B > 3 Qe B i 5 8 N iy . ¥ , : 4 3 : (% . 2 ¢ i . i 3 N h W. N. HARRISON GEORGIA BANKERS SELECT HARRISON President of Lavonia First National Bank Will Head Organization MACON, Ga. — (#) — President Rgosevelt is urged to veto the Glass-Stealgall banking bills in a telegram forwarded to Washington Friday by the QGeorgia Bankers’ association in the final session of their convention here. In tjhe ftelegram special refer ence was made to guarantee of deposits, which the bankers strong lyv oppose, and it was contended that provisions of the act would be unfair to small banks. , The bankers also elected newl officers in their closing meeting. Walter N. Harrison of the Firstl National bank of Lavonia was elected president to succeed W. S. Elliott of Canton. Mr. Harrison for several years ‘has been a lead er in the agricultural program of the bankers. . J. Truman Holland, executive viee president of the Commercial bank of Thomasville was elected vice president; Haynes McFadden' Atlanta. * “re-elected secretary; J Freeman Strickland, special repre-‘ sentative of = the First Nationali bank of Atlanta, treasurer; Orville A. Park, Macon, re-elected general counsel. Mr. McFadden was named to serve his 21st consecutive year as secretary. Elect Officers New officers for the Country Bankers’ association ~of Georgia, which met jointly with the larger group, also were announced Fri day. They are S. O. Fielder, Villa Rica, president; K. P. Baker, Ash burn, first vice president; G. C Montgomery, Lawrenceville, séc- ond vice president; Fritz R. Jones Atlanta, re-elected secretary and treasurer; Alex W. Smith, jr., At lanta, re-elected general oounsel. New members of tne executive council elected were G. White Jordan, Thomson, and J. S. Speer, Dahlonega. Through provisions of the newly enactéd farm legislation, the fed eral government can lify farm product prices if+ farmers them cselves will' cooperate, J. Phil Campbell, director of Georgia’s ag- (Continued on Page Six) r— | poppy squads. - School girls wil]i distribute poppies by the side of! grey-haired Gold Star Mothersi whose sons died among the pop pies in France. The women of the' city will be united jn a patriotic, effort as they were in the World War days. 5 The poppies which the "Auxiliary | will distribute tomorrow have been made by disabled World War vet-| erans working under auxiliary su-| pervision at Atlanta U. S. Veter ans' Hospital No. 48. The employ- | ment that the auxiliary has been? able to give these men has helped them provide food and fuel for. their families during the period) when they could noy possibly have, found other employment. How, soon the poppy making can be} started again depends on the pubbl (Continued on Page Six) ' MORGAN HOUSE HELD NPTIONS WDRTH 30 MILLIONS 1N MONTH Famous Financial Concern Given Option on Utility Stock at $1 per Share, Committee Is Told LARGE POPULATION SERVED BY CONCERN United Corporation, With Books in Morgan House, Utility Concern - WASHINGTON —(#)—Testimony was given to senate investigators Friday that J. P. Morgan and Company obtained options on 1,- 000,000 shares of United corpora tion stock for $1 each, whl‘(-h it could have sold less than a month later at a profit of about S3O each. George Howard, president, wasd unable to give the populatim served by the TUnited companies but Pecora presented a photostat from Morgan and Company, dated September 20, 1929, and putting the population =erved at 55,272,000 distributed in New York, New Jer sey, Connecticut, Pennsylvania, Delaware, Ohio, Michigan, Illinois, Tennessee, Mississippi, . Alabama and Georgia. . Testimony that the United cor poration. whose hooks are kept in the office of J. P. Morgan and Company, holds an interest in utility operating companies that do a large percentage of the gas and electric business of the nation was given to the Investigators. President Howard testified gs to its organization in which it ac quired stock in various utilities at $12,000,000 less than market value from the Morgan banking partner ship and in turn the 'huge bank ‘obtained a controlling interest in the United corporation. ~ Consulting his records now and again, the ready witness said the companies in which his corporation (Continued on Page Three) bISOLER FUNERAL IS HELD FRIDAY ,Several Athenians Attend . Funeral of Prominent . Seaboard Executive Several Athenians attended the funeral of Fred Geissler, 51, At lanta, general passenger agent of the Seaboard Aiy Line railroad company and well known in Ath ens, who died Wednesday in an Atlanta hospital, Friday morning in Atlanta. Dr. B. D. Gay conducted the services at Spring Hill, and inter ment followed in the Oaklapnd cemetery., 4 Born in Greensboro, Ga., August 21, 1881, Mr. Geissler began worx ing for the Seaboard at the age of - 19, and has been working with that company for 33 vears. In 1905, he was promoted from the city ticker office in Atlanta and trans ferred to Memphis as traveling passenger agent, in which posi tion he traveled extensively all over the country. Mr. Geissler returned to Atlan ta, February 1, 1912, as asgistant general passenger agent, and held that post until promoted August 1, 1923, to assistant passenger traffic manager. He was transfer red March 1, 1926, to Norfolk, and returned to Atlanta July 1, 1927. On March 1, 1931, he was made general passenger agent. During the World war,*Mr. Geissler was appointed by the roilread adminigtration to conduct a school for training women to work as ticket sellers to fill other positions vachted by men entering the service. Many of his pupils ir those days are still in the ser vice of various roads. He was as signed as the Seaboard's personsl represen‘ative on the tour made by General John J. Pershing ani Marshal Foch’ in the United States a few years after the Ar mistice. He was a member of the Memphis lodge of Masons and of Yaarab Sprine temple in Atlanta. Surviving Mr. Geissler are his wife and one son, ¥red; three sisters. Mrs. N. H. RBallard, Aty lanta; Miss Amy Geissler, Univer i couiued e aay. Mraha o A. B. C. Paper—-Single Copies, 2c—s¢ Sunday, IN CONGRESS RACE e s S = i i — R s IR RO R e SR g S e S £ Pt SR P P R i P 2 4 b "V,&:é % Epeutse f,‘.;: B R B Y e e g BERRRIORIRR R SRR R R 3 R S RS .05 14 B Sooam S CoariiE R 3 b R SR S e 3 (R SRR S iy 5 RN R"é SR R R R RIS . RIS RS .{z SR R | i o PRS- et Bt og i | e Ry B e | S R B BB SRR N B B R PR R AXR # S SR T Bk e g s B R ’( R Paul Brown, of E |l bert ccunty, who has opened cam paign headquarters at Eiber ton preparatory to launching out on an intensive drive for votes in the Tenth district congressional race. : HARRIS SPEAKS AT 8.30 P M. FRIDAY Paul Brown Opens Head quarters at Elberton. Lines Being Formed A speech by Roy V. Harris of Augusta here tonight will officially launch the Tenth district ¢on gressional campaign in which nine candidates are listed as aspirants to succeed the late Charles H. Brand. Harris speaks from the Shack elford building on College avenue at 8:30 o'vlock. He is one of five Richmond county candidates who have entered the race, He will pe introduced here by Representative Eugene A. Epting, of Clarke, one of his colleagues in the legisle ture. Meanwhile, Paul Brown of El berton, has opened headquarters in hi§ home town and reports have it that a stream of visitors from all over the district has been pouring into the Brown offices. Brown is well known in Athens. (Continued on Page Seven) Athens Teachers Are Re-Elected; Pay Is Reduced All city school teachers were re-elected and their salaries ficed at a 10 percent reduction from lart year’'s rate ' by the Board of Education Thursday afternoon. | The teachers voluntarily aecept ed. rtha reduced salaries twe ‘months ago in order that Athens might continue its long record of never failing to pay its teachers. The teachers will continue on the reduction they received two months ago, which will affect a saving of about $12,000 annually. The probability of the military course at the Athens High school being withdrawn was discussed. Mayor A. G. Dudley was ap pointed chairman of a committes to help retain the R. O. T. C. unit. Superintendent B. M. Grier and David Michael will serve on the committee with the mavyor. Little Red Brick Jail To Be Abolished Here _._._...‘...—_.—__._.__t.__ The little city calaboose which has housed “fathers dear fathers who did not come home with me now”, chicken stealers, street browlers, and even been the temporary home of murderers, since it was erected in 1896 is to be aban doned. It is for the sake of economy and more bewalthful surround ings for petty law violators that tbe little red brick build ing will relinquish its title of uil.” Chief Charles E. Seagraves said - Friday that a new jail will soon be built in the base ment of the City hall, The new prison will be more . healthful and cheaper to op-j erate than the seperate jail building was.. . .Wi e HeME| EDITION . PROTESTS ‘POUR lIN FROM “BACK HOME 10 T INCREASES Morgan Probe Revelations "Bring “Angry Protests From Tax-Payers, And Congress Is Listeniiig”‘ RESICNATION OF THREE DEMANDED Administration Appears Disposed to Stand Pat On Income Taxes WASHINGTON.— (AP) —Con gressional revolt against imposing higher income tgxes when some of the country's wealthier' mién have been paying none, Imp¢n}6 Friday the Rawosevelt public works program and ~ spurred hasty plug- ging of tax law holes. ’ The revelations of the- Morgan inquiry, ‘especially that the part ners ‘of the celebrated banking firm ' paid no income | tax —during ! ) the two hardest yeaps of tlfigf pression, poured a stream of pPro tests from back home upon gon< gress. i M The pressure reached its high est tensity in the House which had up for passage before nightfall, ]the public works-industrial control bill carrying a rew, high onerous, schedule of h!gze incomes _taxes. The tax protest/ was mingled with a block of opposition to jsuspend ing anti-trust ; laws—necessary| td ‘the industrial program for compis ‘mations to boost prices, cut pro duction and raise wa.g-es-—p""fiifiid, ing the measure the stiffest.@ p sitiof yet faced by a Roosevedc bill. y } 2, @ Party leaders dee!ded“_!‘f’ho&_ the bill to prevent holdefs ot se curities, such as thg_Mpl;ga!;#!ffi ners, from carrying over part of a year's losses to eancel the-win come tax they would otherwise pay the next year. That has baen the. system so far. Until last year, in fact, they could carry over such losses for two years. v The reaction already has shas tened senate passage of the Gldss bank reform bill, a measmre Which . will strip J. P. Morgan and 00%- pany of much of its power by the tight limits it puts on private banking houses. g - In both houses too hagl burst. out speeches demanding tbe resigma tions of Secretary Wogdin of*¥he Treasury, of Norman, H. @Vy. E the ambassador-at-large managing the European end off Roosevelt foreign policy, and of Dean Ache son, new assistant Secretary of the Treasury. Their names wera among the hundreds on the Mor gan Javored lists of l:hertfvld . stocks below the- public price. Davis was a borrower from Mors gan. . To Stand: Pat . The administration appeared re= solved to ride out the tide, detér mined to keep its valued offigials, and it stood pat on the new:high income taxes to finance thHe' '§3,- 000,000,000 public works bond is sue. - L ¥R But it interposed no objection %o the plan ot the house Wayi:i‘%f, means Chairman Doughton (D, N. C.), to study a thorough over hauling of the tax laws totmaéxt' ‘ session. A study by the comi'l ?e’é after the special session adjourns, is due. %L 5 The Glass bank bill headed Fri day for conference with the house over difference which may prove hard to settle. The senate put in provision ;for immediate insurahce of bank depasits under an emser gency one year. plan, plus a pers manent. insurance schodnb% : into effect after a year. house passed the bill with an® fd~ surance provision regarded alikl‘ for small state banks. The senate passed the bill late Thursday ‘without even a roll ecall.« = ' Besides insurance, the bill.de~ mands severance of commerecial and private banks from invest ment businesses, and tightens up the Federal Reserve credit ma chinery in a way counted on o prevent orgies of stock specw . like the big bubble that burst im 1929. : e The biggest hazard to the ‘DEbe lic works bill in the house was a pending Republican moveits throw the whole thing bac ¢ imto committee to put in a sales ta¥, The income tax furore was counts. el on by engineers of this : 10 beip thime - s 000
