Newspaper Page Text
COTTON MARKET
MIDDLANG (. ivie vl i e
PREVIOUS CLOSE .. .. .. .. 10c
Vol. 101. No. 268.
Roosevelt Ignores Gold Program Critics
FAANT GORPORATION
ITTAGKS U. 3. PLAN
10 PROVIDE RELIEF
The GCrange Says Worse
Crisis Will Follow ‘
Present Policies 1
ONE MILLION AIDED
Sixty Thousand Georgians
To Get Pay Checks
Again This Week
BOISE, idaho ——(!P);—- A warning
that the “present system” of fed
eral relief “is causing ' & break
down in two of our best American
characteristics, thrift and indus
try,” was contained in a resolution
Thursday incorporated as a part
of the platform of the grange,
Such a system, said the nation’s
largesy farm organization as it
drew near the end of its 10-day
national convention, “eventually
will lead to the same or a worse
crisis than that ‘existing in some
other countries because of the
abuse and mistlxse‘ot the dole.””
A resolution stating North and
South Carolina and Georgia had
already reduced their cotton acre
age in recent years while other
cotton states have increased, and
for that reason should not be ask
ed unduly to ecut production of
this “money crop”, was adopted
by the convention. It was intro
duced by D. B. Anderson, south
Carolina state master.
PLANS TAKE SHAPE
WASHINGTON .—(#)—Plans for
feeding and clothing approximate
ly 1,000,000 American families they
expect to remain on relief rolls
this winter were said by relief of
ficials Thursday to be rapidly tak
ing final form with the federal
surplus relief corporatien = busy
huving supplias for distribution.
The surplus relief corporation
and the federal ’,g{lg}jg‘gncy relief
administration have joined = with
the agricultural adjustment ad
ministration to buy farmers’ sur
bluses and distribute the food
stuffs to the destitute. The ecivil
works administration, the fourth
of the relief agencies, is now en
suged in the announced task of
trving to put 4000,000 men to work
by December 16.
The emergency relief adminis
tration. parent organization of the
surplug relief corporation and the
civi'! works administration — all
headed by Harry L. Hopkins—is
attempting to provide food and
clothing through state organiza
tlons. ~
During the last twio weeks, the
relief administration has allotted
over $1,000,000 with which various
states are to purchase clothing and
bedding for the needy.
The surplus relief corporation
Wednesday opened hids for 5,000,-
000 pounds of bheans. It previous-
Iy had hbought 400,000 pounds ot
canned beef, 100,000,000 pounds ot
pork cured from hogs bought by
the Agricultural Adjustment ad
ministration: nearly SIOO,OOO worth
of Washington, Maine and Mis
souri apples; 11,500,000 bushels of
wheat through ' the Farm’' Credit
administration; 19,000 hogs and
30,000 to 40,000 Texas range cat
tle. Tt has ordered 300,000,000
pounds more of pork through the
AAA and authorized direct purch
ase and processing of 100,000
sheep. ' ! [l®l
The sheep are to he purchased
from the overgrazed Navajo Indi
an reservation at Winslow, Ari
zona, then- butchered and distrib
uted among destitute Indians in
northern states. Hopkins has ap
bropriated $200,000 for this pur-
Dose, S
PAY DAY THRILE
ATLANTA —(®)— The thrill of
Day day will come again Saturday
to sixty thousand Georgians.
' For many it, will Dbe the first
time in months they have stepped
up to the pay window to draw
rezular wages, thanks to the new
{Continued on Page Eight)
Movies’ Fastest Talker Must Now Talk
Himself Out of Tough Spot — Is Fired
LOS ANGELES.— (AP) — Lee
[racy, the screen actor who got
nto trouble in Mexico for an im
‘'omptu scene he staged on a ho
¢l balcony, was due back in Hol-
YWood Thursday night where he
Vill find himself among the ranks
't the unemployed.
Describing the actor’s unsched-’
led appearance in . the Mexican
“pital as ‘‘deplorable behavior,"l
«ouis B. Mayer, executive of the
Metro - Goldwyn - Mayer studios
vhich held Tracy’s contract, ap
‘ounced the actor could no longer
onsider himself in any way con
‘ected with his organization.
Arriving in El Paso enroute ‘to
lollywood Traey offered an ex
-lanation for his conduet. He said
ATHENS BANNER-HERALD
Full Associated Press Service
Monetary Control Policy
Vigorously Defended By
Economist At University
Malcolm H. Bryan Scoffs
At Current Rumors of
Wild Inflation
PRAISES ROOSEVELT
Says Hoover Deflation
Almost Wrecked U.S.
Financial Structure
Vigorous defensp of President
Roosevelt's program of price level
reflation through monetary con
trol was voiced here today by
Professor Malcolm H. Bryan, Uni
versity of Georgia economist, in an
interview with The Athens Ban
ner-Herald.
“The financial structure of Am
erican business,” said Mr. Bryan,
“‘was reduced to almost complete
wreckage 'by monetary deflation
during the Hoover administration.
“President Roosevelt had the
choice either of allowing deflation
to continue with its train of un
employment and bankruptcy, or of
reducing business’s fixed charges
and restoring its operating margin
through price level reflation. Now
that the beneficial effects of the
latter policy have so long been
evident it is sheer folly to contend
ithat the President did mo; follow
the wiser course.”
The specter of wild and unre
strained inflation now being pas
raded to frighten the public is
simply a bogeyman. The exhaus
tion of tax sources, or the exists
ence of an unmanageable domestic
or foreign debt are the requisite
materials for a wild inflation,
These conditions do not prevail in
the United States Prof. Bryan
thinks.
“Even though the expectation of
higher commodity prices causes a
shifting from government bonds to
other types of investment and
temporarily so weakens the gov
ernment hond market as to com
pel the issue of paper mipney,”
added the economist, “there is no
reason why the total amount is-
(Continued on Page Six)
RED CROSS ROLL
CALL NEARS END
Hope to Finish Work by
End of This Week, Ex
pressed by Chairman
Approximately $1,300 has been
received thus far by the Red Cross
Roll Call, over SBOO of which is in
cash, it was announced today.
About 450 Athenians have joined
the Red Cross during the Roll Call,
and work will continue throu%h
this week, in an attempt to bring
this membership up to that of last
vear, and, if possible, over that
number—63o. »
“Some people have not yet been
seen by our solicitors,” H. M.
Heckman, chairman of the Roll
Call, said. “Those who have not
!been seen are being sent letters,
|but in some cases people havc
neither been seen or received let
ters. We are trying to reach
everyone, but if anybody fails to
hear from us and wishes to con
tribute we would appreciate his
sending his contribution to us, or
calling so we can send someone to
get it.” )
Complete reports from all solici
ltors have not yet been turned in,
and reports from the city schools
have not been received. It is
hoped that Roll Call this year will
|be more successful than last year’s,
land Athenians are asked to aid
the officers by sending in their
contributions as soon as possible.
The work of the Red Cross is
well-known, and in no way does it
do the same thing that the Federal
Emergency Relief organization
does. Where the relief headquar
ters give relief only fin the form
of work to those people who are
able to work, the Red Cross helps
those who cannot work—these peo
ple who are unable to adequately
provide for themselves.
Mexico City newspapers erred
lwh‘en they reported he appeared
unclad on the hotel balcony and
| thumbed his nose at a group of
cadets on parade.
“I was just helping them cele
brate,” said Tracy. “I'd been on a
cabaret party and had some
drink® and like any drunk, I be
gan yelling.
| “Someone yelled back and T
‘shouted, ‘Why don’'t you go to
——=?. The next day I went to
jail, paid a small fine, apologized,
and that’s all there was to it.”
Mayer sent a telegram to Presi
dent Abelardo Rodriguez of Mex
jca, in which he apologized for
Tracy’s conduct. The actor was
in Mexico to take part in the film,
Viva Villa.” %
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POLAND DESCRIBES
RECOVERY CAMPAIGN
Largg Group Hears Man
ufacturer Call for Coop
eration With NRA
§ By JACK BRASWELL
Speaking on the National Recov
ery program, Carter D. Poland,
representative from NRA head
quarters in Washington, at a meet
ing arranged by the Chamber of
C.mmerce, addressed the business
men of Athens on some of the ob
jectives and the progress of the
NRA.
“Know your A’s, B's and C’s.
Spend your I's, V's and X’s P, D.
Q. By spending your I's, V's and
X 5 P. D. Q.,'l meéan for you to
spend your money, and put some
pep into your spending,” asserted
Mr. Poland. The speaker asked
that the people of the country buy;
wages have been increased, the
country cannot come ,out of its fi
nancial slump unless the complete
cooperation of the people is given
freely and strongly. “Prosperity
will not live in the wolf’s den of
hoarding,” declared Mr. Poland.
NRA Fourfold
“The NRA is fourfold in its ob
jectives: to make jobs at living
wages, regardless of what it costs
the country; to raise the prices on
commodities to a pre-fixed 100
percent level; to make debts pay
able with the same sized dollar as
was borrowed; to stabilize the dol
lar and prices, after prices get
higher. The first two mentioned
objectives are working, but it
takes time for the entire program
to work.” :
“The war on depression cannot
be won on the credit of the gov
ernment. The only way prosper
ity can be brought back is tl_xrough
the wages paid to men and the
money handed over to framers for
their products. In other words, no
nation can continue to live except
through commerce, the business of
buying and selling,” asserted the
speaker.
There is only one man who can
bring about the recovery of the
nation from the “hard times” it
has been experigncing in the past
few years. That man is Frank
lin D. Ropsevelt. Even he cannot
do it without the cooperation of
the people of the country; the em
ployes must bend their backs to
their tasks and give their concur
rent efforts to their jobs. Every
one miust have faith in ¥. D. R,
and contrbiute their united efforts
in helping the country toward
speedy recovery.'This is for em
ployers as well as employes.
“Reflation”
“T am not in favor of inflation;
I am in favor of ‘reflation’ a word
that is not in. any dictionary,” de
clared Mr. Poland. “‘Reflation is
(Continued on Page Seven)
LOCAL WEATHER
e e e e .
Fair, slightly colder on the
coast tonight, Friday increas-
Ying cloudiness, probably follow
ed by light rain in north por
tion.
TEMFERATURE
HighestA.i 34 siessisives 85,0
LOWeBb. cis siisansd anis: 40,0
Mean. v susk: vl waisacs 80,0
NOOM =.5 sivibisn aane . ©
RAINFALL
Inches last 24 h0ur5........ 0.00
Total gince Nov.-3......+... 1.47
Deficiency since Nov. 1.... .73
Average Nov. rainfall...... 2.89
Tjtal since January 1......31.53
Déficiency since January 1 13.35
Athens, Ga., Thursday, November 23, 1933,
TEAGHER, DRUGGIG
HALED INTO .COURT;
JUDGE HITS CHARGE
Atlanta Jurist Denounces
Arrest on ‘Suspicion’
Charge’ Brought ‘
ACCUSED ARE RIVALS
Tech Professor Willing to
Accept Apology, But
Judge Objects
ATLANTA,—(P)—A college pro
fessor and a druggist were haled to
court Thursday as a <¢onsequence
of their rivalry for a grl's affeic
tiong and justice let it be known
n advance that its sympthy leaned
toward the pedagogue because a
city councilman took a hand
against him. ‘
Those having the principal roles
in the strange drama, are Proses-;
sor R. W. Sandelin, instructor in
chemistry at the Georgia school of
Technology; Dr, D. V. Pitts, his
rival; Miss Lilian Day, employe
of a law firm; ‘eity councilman
Homer C. Foster, a member of the
police commttee, and Judge Luther
Z. Rosser of municipal court.
Last Tuesday night the professor
was having a date with Miss Day
and was arrested on her front
porch on chargeg of disorderly con
and “suspicion” preferred by Dr.
Pitts and his friends Foster,
Come Before Judge ¢
Sandelin retaliated by issuing
peace warrants against them and
then all three came before Judge
Rosser in chambers for an infor
mal] hearing.
Dr. Pitts apoligized Professor
Sandlin said “‘oh, that's all right,”
or words to that effect and they
were willing to let by-gone be by
gones.
But Judge Rosser didn't feel that
way. Dr. Pitts and Foster had aken
the case into their own hands by
(Continued on Fage Six)
SETTLE’S RECORD
IS WORLD’S HIGH
Slightly Higher Claim by
Russians Out Because of
No Official Proof
WASHINGTON —(AP)— A cali
bration of the barometer carried by
Lieutenant Commander Settle in
his stratosphere flight showed the
balloonists had ascended 61,237
feet.
The National Aeronautic associ
ation, in announcing the figure,
said it would be forwarded to the
Federation Aeronautique Interna
tionale as a new world height rec
ord.
Ray Cooper of the NAA, said
that although the Soviet strato
sphere balloonists had claimed a
height of more than 62,000 feet, the
U.5.8.R., was not a member of
the Federation Aeronautique Inter
(Continued on Page Six)
One Way to Reduce Ad Valorem
Taxes on Property
By TATE WRIGHT
| Acting Secretary-Treasurer Assoc
iation County Commissioners
of Georgia
The state canrot perform its
| governmental functions on a four
«mill ad walorem tax mor can it
Ipérform them on a five mill ad
valorem tax which is the consti
tutional limitation. The state was
unable to do so when the tax was
‘bei\ng collected, but passed the
i burden on to_the counties and sub
divisions which necessitated in
creased local ad valorem taxation
as T have shown in a previous ar
ticle, The ad wvalorem system of
taxation has broken down in other
states as well as Georgia, but the
other states are doing something
|about it. They are trying other
i forms of taxation. Certain govern
mental service must be performed
either by the state or by the coun
ties and other subdivisions. If the
sfate fails to perform them the
subdivisions must form ad valor
lem taxation.
l The most lucrative revenue of
the state is from the sales tax on
Igasoline. Five-sixth of which is
{ being expende@ on highways and
one-sixth on education., Tt has
been contended that if a part of
the five-sixths being expended on
highways ‘is diverted ito more
needed governmental service, that
will not cripple the Highway De
partment, injunctions will follow.
One-sixth is being used for serv
ices other than highways. Or is il
that injunctions are based on ex
lhorbitanee?
The highways have been recent-
Ily allotted from the Federal gov-
MOVIE MAGNATE
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Wi o 3
William Fox, who told senate in
vestigators today that he was
“forced under duress” to sell con
trol of his vast theater chain, and
said a conspiracy among bankers
sent his company into receiver
ship.
UNTERMEYER NAMED
FOX ADE IN PROBE
'New York tAttorney land
l Charles Evans Hughes
Paid $1,520,000 in Fees
'~ WASHINGTON.— (AP)— HEvi
dence of the payment of $1,000,000
to Samuel Untermyer and $520,000
'to the law firm of Charles Evans
Hughes for legal services in the
fight by William Fox to save his
theater properties was held Thurs
day by senate investigators.
~ The fees were paid by General
Theaters Equipment, Inc.,, the evi
dence disclosed, under an agree
}ment with Fox when that holding
company bought control of his
theater companies for $15,000,000
plgs bther considerations.
Fox employed Hughes and Un
termyer to help him save his vast
theater holdings after he had been
caught in the market crash of 1929
and was threatened with a receiv
ership. Untermyer advised him on
the contraect by which he finally
got $15,000,000 plus, despite the fi
nancial prediedment of his corpor
ations. Hughes’' service was ren
dered before he became Chief Jus
tice of the United States.
The former theater magnate was
called before the committee Thurs
day to tell his side of the story.
Senators expected him to charge
he was forced out of the theater
business by a conspiracy of bank
ers.
When he took the stand Fox told
senate investigators he was “forced
under duress” to sell control of
the vast theater chain which he
built up from a lone nickelodeon
in Brooklyn.
The middle gaed, bald headed
former theater woner charged a
conspiracy among bankers to send
his companies into receivership.
Leaning over the table, the be
{Continued on Page Six)
ernment an amount almost equiv
alen¢ to one years income from the
gasoline tax, an amount sufficient
to pay the sum total of the states
indebtedness, and yet we continue
to hear from some few quarters,
“Do not divert-the highway funds.”
But be this as it may, certain
ly the Legislature can apportion a
large percentage of the gascline
tax back to the counties for high
ways, which will help pay the in
terest on thé bonds issued by the
counties and expended on state
roads built under the supervision
of the Highway department. This
would enable the counties to re
duce ad valorem taxes to this ex
tent. Whether ad valorem taxes
are reduced by county or state it
relieves the taxpayer, and this in
crease can be allotted back to the
counties withowt another constitu
tional amendment.
It has been fourteen years now
since the Legislature of 1919 prom
ised to pay the counties out of the
gasoline tax for the roads built
under the supervision of the High
way Department from ad valorem
taxes. It will be seventeen years
from that time before paymeny on
the principal only at the rate of
ten per cent a year begins in
1936.
There are numerous ways this
tax could be apportioned to the
counties for road purposes. One
way is according to the gzssessed
valuations of the counties. This
would encourage an increase di
gest and result in larger returns
to the state. Another way woldd
be. to allot the tax according to
the amount of gasoline tax paid
by the counties o the state,
HUSBAND OR MOTHER
GAID T 0 HOLD CLUE
T 0 CHICAGD MURDER
Husband of Woman Slain
| On Operating Table
r Is Missing
EVIDENCE CONFLICTS
Autopsy Shows Victim
Ate Dinner at Home,
Despite Testimony
CHlCAGO—(#)—Chief of Detec
tives William Schoemaker asserted
Thursday that chemists and detec
tives had turned up evidence
which “practically established” that
Rheta Gardner Wynekoop was shot
to death after partaking of the
Tuesday evening dinner at the
Wynekoop home and that - “the
murder was committed by some
one in the household.”
It had been reported that Dr.
Wynekoop found the bhody After
dinner. Chemical examination of
the contents of the young woman's
stomach divulged undigested food
served at the meal which Dr.
Wynekoop and Miss Enid Hennes
sey said they ate at 6 o’clock the
night of the Killing with Rheta ab
sent.
Held Prisoners
Dr. Wynekoop and members: of
her household were virtual prisqn
ers over night in the old mansion
that was the scene of the bhizarre
murder in her surgical room. TheyJ
had been released from police cus
tady, but two officers were sta
tioned ‘n the home throughout the
night.
The missing widower of the 23-
vear-cld vietim, meanwhile, had
eluded police who tried to inter
cept him at Kansas ICity, after he
promised«to return to Chicago.
The American quoted an un
named attorney as stating: “Dr.
Catherine Wynekoop (Sister of
Earle) has positive information
her brother spent the night of the
murder in Chicago,” this, however,
conflicted with statements by
Stanley Young, companion of
voung Wpynekoop, who said they
drove to Kansag City Tuesday.
Chief Shoemaker, after receiving
reports from special investigators
assigned to the case, said:
“These statements are pretty
serious, but T am sure we are on
the right track. The solution of
the murder, T am sure, lies be
tween the mother and the miss
ing husband.”
“All indications” said Police
Captain Stege, “point to the slay
er as a person in whom Mrs,
Wynekoop had full confidence.
Two Theories
“We are studying two possible
reconstructions of the murder. In
the firgt we suppose that the
voung woman was induced to dis
robe and get on the operating ta
ble. While she was in that posi
tion the slayer placed her under
an anesthetic, turned her half way
(Continued on Page Six)
Commissions Will
Be Given Friday;
Buchanan Colonel
‘With a colorful dress parade of
the entire R. 0. T, C, of the
University of Georgia, commis
sions will be presented to cadet of
ficers by President 8. V. Sanford
on Friday morning.
William Buchanan, Athens, is
]colonel of the cadet corps for the
coming vear, with Lt. Col. R. A.
lStenhens. Atlanta, as his executive
officer, and Captain Frank Kiling
‘be’ck. Morgantown, as his adjutant.
! Lustrat Winecoff, Atlanta, heads
! the cavalry regiment, and his staff
jincludes TLt. Col. M. H. Allen,
| Milledgeville; Capt. R. E. Snell
,ing. Athens; Capt. W. T. KEzzard,
i Dalton; Capt. E. F'. Tucker, Ath
iens: Capt. H. B. Walker, Con
jvers; and Capt. .3. €. Bown.
| Center. \’
f The infantry battalion has
§(*harles Richardson, Macon, as its
lieutenant-colonel, and he has on
his staff Maj. T. K. Wilson,
Commerce; Capt. R. P. Ludwig
Erle,: Pas Caplt. W. A, Mihs
Sandersville; and Capt. [Carter
iTownsend. Cartersville.
{ W. A. Fuller, Atlanta, is major
inf the firs¢ squadron, with Capt.
. M. Hodgson. Athens, as his
adjutant. R. H. Hodgson, Ath
ens. is captain of Troop “A” of
this squadron, and Emmet: Mit
chell, ‘Thomasville, commands
Troop “B”.
-Major W. B. Willilams, Byron,
reads the second squadron, T.
Randolph Thipgen, Macon, is ad
jutant, and B. C. Crane, Athens,
and A, R. Hargrace, Thomasville
arg captains of the two troops, “C”
and “D”.
Heading the four companies of
the infantry battalion are Captains
K. F. Westherry, Augusta: P. M.
| Hamil, Griffin: W. D. Griffin, At-'
ll_nnta; and J. H. Fleming, T.eah. ‘
A. B. C. Paper—Single Copies, 2c—sc Sunday *
Community Tree’s
Program Director
Sees Big Success
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JACK WARTIN e
Robert Abslum Martin, above,
program director for the Com
munity Christmas tree to be held
in, Woodruff Hall on Christmas
Eve for the poor <children and
needy grown-up of Athens Thurs
day predicted that the tree and the
amount of gifts distributed would
be the largest in the history of
Athens.
{ When Robert Abslum Mardn
lwalked proudly to the stage in
the Athens High school auditorium
to receive his diploma atfter Mr,
Mell had called out his name, he
was stepping high, wide and hand
some. Just then the. penetrating
voice of one of the other pupils
gang out, “Shucks, that ain’t no
thody but old Jack Martin.”
And Jack Martin it is. ;I‘he same
Jack who has helped so much and
Jkept in the spot light so little in so
many worthwhile undertakings,
Jack has been in the show businesg
has staged beauty carnivals and
fireworks . demonstrations, been in
the hotel business, used to be
“prop” man at the old Colonial
Theater and now is in the shoe re
pairing business.
A genial soul and a back-break
ing worker in anything he goes in
to, Jack is determined to put over
the Community sree this year in
really "big” style. And since he be
lcame agsociated with the Empty
Stockng Fund Jack has lined up
just seventy-five buginess firms,
religious organizations, civic, so
}clal and fraternal groups behind
the movement, 3
FINIGH FIGHT 15 ON
BY RAILS AND BUSES
Latter Charges That Cut
ting Fares Is a "‘Destruc
tive Move”’
ATLANTA, Ga.— (AP) — The
traveling public is looking on from
a point of vantage in the opening
rounds of ' what appears to be a
fight to the finish between rail
roads and bhus lines to get its
business. .
Following up quickly the action
of the major railroads of the
South in reducing fares to 1%
cents in coaches, the bus opera
tors issued a statement that they
would go them one better and cut
rates to a minimum of 1 1-3 cents,
The bus operators’ representa
tives termed the reductions in rail
fares a “destructive move” and
announced they were going to lay
a protest before President Roose
velt. i
“The railroads are trying to cut
our throats,” said C.s B. Deßerry
of Charleston, W. Va., chairman
of the Southeastern Bus Traflic
association,
“It is unfair for a transporta
tion agency which is really sub
sidized by the government to force
down our revenues when the rail
roads were exempted from the
NRA code, and shortly after the
(Continued on Page Six)
Lindberghs Returning to America bny
Of Africa, Over New German Air Rn‘)&
HORTA, Azores. — (&) — Col.
Charles A. Lindbergh, who with
Mrs. Lindbergh left here Thurs
day in their big monoplane, said
shortly before the takeoff tha; he
planned to return to America by
way of Cape Verde, Africa.
“We contemplate reaching the
American continent,” said Col
Lindbergh, “by way of St. Michael
Island, Madeira, Lisbon, and Cape
Verde.”
The route to America by way of
Cape Verde already is being
flown by the German foreign air
line company Lufthansa. That
company uses a base steamer, the
Westfalen, which is kept in posi
ition midway between Africa and
South America to serve as a base
‘H%—E l
DETEAMINED STAND
O PROGRAM TAREA
N FACE OF CAITICS:
Treasury Pays Little Heed
L areid
To Controversy Over -
Policies Adopted
i TO SEE MORGENTHAU
S
F.D.R.’s Former Advisor
Comes Out Against =
| Present Plans .. .. ..
WARM SPRINGS, Ga.—(AP)~
President Roosevelt went ahead
Thursday in fighting words ~with"
his recovery campaign and’ mhiore
particularly his dollar revaluation
program. gl
He stood upon the words given
over the air Wednesday night t¢
the Maryland tercentenary in
which he said: T
“May we, in our, own fights for
things which we know to be right,
fight as ably and as auccesutlfilv as
he (Lord Baltimore) did 300
years ago. b
“For we have our own fights to
wage, not against the same qu’i
which he beat down, but against
other foes just as obstinate afi&
just as powerful and just as intols
erant of things we fight for tvig
today.” T
Going straight ahead with his
monetary program, the President
{will talk things over here ‘with
Acting Secretary Morgenthau of
‘the Treasury over the week-end.
~ Aid for the silver industry is bes
lieved to be the next ‘step in the
carefully guarded Presidential
program.
Thursday is another one of re
laxation, Late tonight or Friday,
General Hugh S. Johnson, the in
dustrial administrator, will arrive"
carrying some of the late 'NRA"
codes. A
Others of the recovery campaign
have been summoned down here
also by the President. Before he |
goes back to Washington ten days
‘hence he will have talked with his
)(thit‘f lieutenants in the recovery
drive. 3
Secretary Ickes, administrator of
public works; Harry L. Hopkins,
federal relief administrator, and
William C. Bullitt, the new ambas
sador to Russia, are among those
in the calling list. Mr. Morgen
thau and Mrs. Morgenthau are
expected here over the week-end,
IGNORES ATTACKS .
WASHINGTON.— (AP) —Pay
ing little outward heed to the ve
hement controversy over mono%fé{
policy, the administration proceed- .
ed with its gold program Thurs
day, holding the domestic price of
the metal at the same level as
Wednesday. ¥ _"5:;
The quotation was $33.76 per
ounce. Meanwhile the world price
was $33.96 at the opening Pt
foreign exchange quotation of im 40
% to the pound. The dollar later
improved carrying the London gold
quotation down to $33.80. T
Acting Secretary = Morgenthau
made ready to travel to Warm
Springs, Georgia, where he will re
view the steps thus far taken with
the President and make plans for
future operations. iy
Neither he nor members of%?'
Federal Reserve board would ¢om=
ment upon the reported acfion;-.af
the federal advisory council in ors
dering a statement of attltqg&ofik
the gold program prepared for.pris.
vate distribution among membes
banks. «
The council, which in the pasg
has not hesitated to speak its .owm
mind, has no official government
status. It consists of members
chosen from the various Federal
Reserve districts who meet ‘im
Washington from time to time to
exchange the views of the various
sections ¢f the mation on business
and monetary condiitons, 2
“RELUCTANT opponsn’rg .
PHILADELPHIA —(AP)—Presis
dent Roosevelt's monetary goals of
controlled inflation and a dollar of
constant purchasing power have a
new but “reluctant” opponent im
James P, Warburg, who has bees
(Continued on page seven.)
for trans-Atlantic airmail flights,
l Regtilar service over this route
has not yet been inaugurated. but
it is understood that such a step
is contemplated for the near t(:l
ture. o
The Lindberghs are conducting
a survey of proposed trans-Atlane
tic routes for Pan-American airs
ways, the American internationall
flying company. e
In the present Kuropean toufy
Col. Lindbergh interveiwed office
ials of various international flying
companies throughout Eurs ":
namely in London, Paris, and Amse
sterdam, but he ‘and Mrs. Linds
bergh did not go te Berlin, thé
headquarters of the Lufthans