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About Athens banner-herald. (Athens, Ga.) 1933-current | View Entire Issue (May 1, 1934)
COTTON MARKET IDDL:" rong o b NTR Ry, CLOSE. -2 2 o 3il B m@; No. 94 istrict Senatorial Committee Votes For Clarke County To Stand Aside, Give Oglethorpe Senator ecora Bares Amagzing Profits By Wall Street Operators § iLbh s idence Expected to Put Stock Control Bill “Over the Top NATE GIVEN DATA ora Shows How Firms Averaged $2,00,000 Each Since 1928 By NATHAN ROBERTSON } WASHINGTON -—(#P)—Rvidence k New York Stock Exchange per firms have made nearly a bon dollars in the past six s, despite the depression, Was{ kented Tuesday to a senate mittee. ] erdinand Pecora, counsel fO!" senate stock market commit-‘ presented data showing thiltl hange firms averaged almost 00,000 apiece in net profits dur-l the two boom and - four de gsion years. athered from the member firms selves, the. statistics showed g have had a total gross in-‘ e of more than $2,000,000,000 ing the six-year period. ‘ uring the high-time years of B and 1929 their giross annual pnue averaged far more thun{ 00,000 apiece. Bill Approaches Test hese_and a mass of ether hith-| undisclosed statistics relating | market operations were pre ted to the committee ag stock hange control legislation ap ached the test in both houses congress. oncededly the disclosure of thisl 4 was timed to put the bill jer the top.” The move follow close after charges in the house nday of a “vicious” campaigni misrepresentation’> againgt the islation by the New York ex-‘ nge. Buried in the mass of statistics s an amazing story of the de ession’s effect, It showed mem r firm profits dropped from 9,000,000 in 1928 to a loss of ,"': 000 in 1932 and rose again} $96,000,000 for the first eight nhs of last year. The total L profits for the -period were‘ 3,167,686 Sther high-spots in the volumi-\‘ s data showed that: | he 631 reporting firms had 1,- 920 customers im 1929 ofi om 811,986 or 59 percent were h customers with marginall ders . s e firms had 1,028,491 custom during the first eight months 1932, of whom 59 ,376 or §8 per- L, were cash operators. €cora contended that the sta- Cs gathered from questi®n- ' €s submitted to the firms dtd indiv al members of the ex- Ee¢ presented the most com €nsive picture ever drawn of market’s operations. € Dlanned to follow them up P Slmilar statistics; for the York cuth and other smaller ranges throughout the coun- He intends to submit also ‘emental data obtained from (Continued on Last Page) 'hora;lvl‘—a'y_Day Pageant Ushers in ~ Annual Program of Child Welfare Work o e I t"’ = U e P ege. Avenue grammar ] Day- pageant, whichi held ar the huge amphitheater | Ont of Soule hall this a.t‘ter-‘ it 330, was one of the most Tat f its kind that has ever held in Athens. ¥ day opens the annual’P.- A. Ummer Roundup, plans for ! h were formulated at a meet-l €ld yesterday in Dr. W. W. | I's office. Additional nurseS] be asked to assist the public | § during the roundup. The | B¢ Avenue program this as- PON wag the first school exer t held this year, the other S ésenting theirs dufingl €St of the week . §s Magdalene Glenn, principal' ¢ hool, planned and directed | bag t, and music for the | k! ¢ was played by Mrs. J.[ s Every child in College e schoy, except thoge who' ; 1 th sickness, top part inl & i E phitheater wags decorated ! 185 Glenn, assisted 'by the i f the school, appropri _ 197 the pageant, “Mother | °_~lay Day”. The throne was "'5 at _Hm enst ehd of th@l . with the May pole off to| ATHENS BANNER-HERALD Full Associated Press Service Mrs. T. W. Reed Honored As Georgia President Of Daughters Of Confederacy o % e S X R R B s B s 3 Be A s R it s gRe B 3 s . R 5 BROODOR R Lo R s S S 'M B R B R RS R e s e e iR R e B L R S B SR SR RS, . R . A e e e LB - S A R R R - S RS S R A s peai e e 2 BB RN 2 ; B 2 o R eo? 2 A Q--Zé‘:e'-:‘i-l:f:l:'-:i:i.’-: R AR RSS e * MRS. T. W. REED CODE ASESSMENT Failure of Retail Code Merchants to Pay Will Be Considered Violation All merchants operating under the retail code will be considered violators unless they pay the code asgessment by May 7, according to a communication received today by the local retail code authority from the national RCA. This assessment for Atheng is 75 cents per employer, part of which is sent the NRCA and the rest used for expenses of the local group. . Instructions state that where a local RCA has been approved prior to April 1, and assessment notices were sent out prior to that date, the authority 1s to prepare a list of those whoe have not paid and send it to the state director of the national emergency council, who will notify those merchantg that they are violating the code and not yentitled to the code eagle until ad justment is made. The code eugle is the new form of the Blue Eagle which is to be displayed beginning May 1 by those merchants operativg under the code of Fair competition, Leroy Michael, chairman of the LRCA, urged all business houses to communicate with the authority concerning the assessment, if it has not been paid, Other meémberg of the RCA are E. C. Long, paint and glassware, H. V. Chandler, limited variety stores, G. A. Booth, books and stationary, R. R. Gunn, men’s clothing, H. C. Doolittle, shoes, R. §S. Marbut, newsstand, Jake Bernstein, furni ture, and Harry Hardy, hardware. Mr. Michael represents the depart ment stores, il . the .left, and-a large shoe on the right. The shoe was made of can- | vas. | Little Miss Janette Bruce a stu-‘ dent in the fiftly grade, was Queen j of the May,+and Bernice Coile - also- in the fifth grade, was May King. . ‘ Among the other Mother Goose characters represented were: Alice | in Wonderland, Mother Hubbard, Jack and Lill. Little Boy Blue, Little Red Riding Hood, Mary and Iher Lamb, Simple Simon and the Piemar., Polly Put the Kettle On, Tom, Tom, the Pipers’ Son, Mary, Mary, quite Contrary, oold King Cole, Jester, Queen of FHiearts, Knave of Hearts, Humpty Dumpty, and the Kings’ men, Little Miss Muffett, Little Jack Horner, the QOId Women of the Shoe and many lou-ers. The pageant is centered about Alice in Wonderland, who enters with a story book and dis covers the May pole, flowers, and, ! the throne, and dances about them until ghe grows very weaiy. She then sits down to read, and falls asleep. She of course dr=ams, and what — {Conatinued on Last Page) | Has for Years Been Active In Work of Civic and Patriotic Clubs HELD MANY POSTS Banner-Herald Offers Rec ognition to Third Prominent Athenian This is the third of a series of articles about prominent Athens women who have been named heads of various state or national organizations, Be lieving its readers will be in terested in knowing of the signal honorg paid these wom en, and so that deserved rec ognition may .be given them by our citizens for their work and the favorable publicity they have brought Athens and Clarke county, the Banner- Herald today presents Mrs: T. W. Reed, president of the Georgia United Daughters of the Confederacy. Others will follow. . % Mrs. T. W. Reed ‘has for the past thirty-seven years been an active participant in the work of civie and patriotic clubs in Atheng and Georgia as well as in the national work of -the- United Daughters of the Confederacy. She is now president of the Geor gia division of the Daughters of the- Confederaey, having been el ected to that office last October, She joined the Laura Rutherford chapter of that organization in 1998 and hag been actively en gaged in that work for thirty-six years. During almost all that time she has served as a. chapter offi cer first as secretary and then as registrar, vice prnsident and presi dent, having filled the latter office for severa] years past. In the Georgia division she has taken a prominent part in its work and has served on a number of important committees, being chair man of the divisicnm committee on education for two years, Prior to to election as president of the Georgia division, nhe served two yvears as first vice president of the division. When the division met in Athens in 1899, she was active ;in the work that secured the Win nie Davis Memorial Hall for the old State Normal school, now the !Coordinate college of the -Univer gity of Georgia. In 1900, along with Miss Mildred Rutherford, she |was a chapter delegate to the divi |sion in Savannah, and since that time has taken a prominent part (Continued on Last Page) “HOSPITAL DAY” TO BE OBSERVED Athens General to Hold Open House May 12, Honor Babies Born There ~ The Athens General hospital will observe Nationa]l Hospital day on Mhay 12, it was decided last night at a meeting of the Board of Trust ees. On that day, open house will be observed from 1 to 5 o'clock in the afternoon, and all babies born there during the past year will be given a “birthday party” from 3 to 5. During the “open house,” the public is invited to come to the hospital, inspect the facilities, ask questions - concerning anything about ~ the hospital, and other things. Refreshments will be serv ed. TRe , Approximately 50 babies are ex pected to attend the party, and pians are for little souvenirs to be given each of them and a group picture to be taken. National Hospital Day originated in March 1921, and the following May 12, the first such day was ob served, It is held by hospitals throughout the country, and the date chosen was that of Florence Nightingale’s birthday, in honor of tte great work which she did to wards the elevation and develop ment of nursing. It is observed to make the public better acquainted with the work done by hospitals, and with the equipment and staff. The day this year wili give the hospitals a chance to cell atten tion to the terrific burdens which the depression placed on them by reducing the number of patients able to pay even In part and by et ~ (Continued on page seven.) —ESTABLISHED 1882— Athens, Ga., Tuesday, May 1, 1934 CIVITAN OFFICIAL TO SPEAK HERE SR R e :;:;:y..:\_::,_.-;gm R AR G T e BT i e R R 1 OO o g L e s R R RRe g g BS B S SR B e i R > PR R s 323&’}»&».4-)3& SR SRR MR R R S R A 5 R R e RS RS i RS oo R T S S R R DM S R omo e R R R S RGN e g RO g AT -,w”f: B THEe T Fom b e TR VTR R baatge o R SiaE e B S foievs s O G R ;.,t::r':;.;:;;:»i g 5 B e SRS ety :r?* e b AR SR RRT 3 A BT 07 R <k S ey b o B e : f o s 3 W A R R ol R 0 S s SR 2l SRR o R 4 A R ' ki Ta TR 5| b TR i gl e R N SRS ; A e Y 4 o % . St . i ; f s » Pl e R s b : i :«3:»:::::;23;;-:44:-:-:‘:#‘ # [ B R SR B §( S A - B .1:~.vu‘n:"o, SR By % ARTHUR CUNDY CIVATAN SECRE TARY ON PROGRAMS HERE Arthur Cundy Speaks at Watkinsville Tonight; Twice Here Tomorrow International Secretary Arthur Cundy of Civitan clubs will speak tonight on the al.dieg Night party program of the Watkinsville Civi tan club and Wednesday will ad dress students -of Athens High School at 11 o' clock, later being honor guest at the weekly lunch aon of the Rotary club in the Georgian hotel. : Mr. Cundy is known over “the nation for his fraternal work ‘and the three addresses he will make in Watkinsville and hére’ will prove of unusual interest. A drummer boy in the Boer war and a captain in the A. E. F. dur ing the World war served as a captain. His talk at the High school will be made in his Boer war uniform. > Invitea@ to attend the Civitan meeting * tonight from Athens are Mr, and Mrs. Boyce Grier, Mr. and Mrs. Sam Woods and M. B. Wingfield. ' Mr. Cundy was born in England ‘wa,s naturalized before the World ’war and now lives in Birmingham, ‘He has won a wide reputation by ‘hig ability as a speaker and those who will hear him are fortunate indeed. ’ The Watkinsville Civitan eclub is one of the most energetic of the clviec clubs in this territory and is to be congratulated on the honor confered on it by the visit of the international officer. The Rotary club has issued an invitation to all Rotarians and all Civitans to attend the Rotary luncheon here Wednesday . WHAT! NO SHOW? ATLANTA — (#) — Five hundred people were lined up at Lakewood Park Monday nignt to see the scheduled showing sos a motion picture made in a California nudist camp. . Atlanta police walked in, The show wag called off. Georgia Rotary Club to Hold 1934 Convention in Gainesville Next Week Rotary clubs from all parts o the -state will gather at- Gaines ville May 6, 7 and 8 for their an nual conferense this year. Everyj club in’ Georgia is expected to send at leust omne delegate to the confer ence. | The program, which was arrang ed by B. M. Grier of the Athens club, contains many interesting events, including all kinds of “sight-seeing” trip in and around the North Georgra city. | Mr. Grier has planned for those attending the conference to visit the famous Chicopee Mills, a trip to the Northeast Georgia moun tains, a visit to Brenau college, and the witnessing of two baseball games. The two baseball games will be playved between Riverside and the United States Naval Academy, and the University of Georgia and Georgia Tech. These two game. gshould be the high lights of the recreation part of the convention. Notable Speaks One of the main speakers for the conference will be Arthur Sapp former president of International Rotary clubs. Mr. Sapp is one of the bhest kaown figures in Rotary JAP AN MAMIFESTS OPEN RESENTMEAT OF HILL MESSAGE U. S. Communication Is Pointedly Ignored by Foreign Office TAKES FIRM STAND Secretarv of State Voices Complete Disapproval Of ""Overlordship” BY GLENN BABB ‘Associatetd Press Foreign Staff TOKYO —(AP)— The communi cation of 'Cordell’ Hull on Japanese poliey in the Far'Bast was pointed ly ignored%in a written ‘communique given by the foreign . office to.the Japanese press Tuesday night, Although the Hull statement was published in local afternoon pa pers and was the prinecipal topic of dismanv in - diplomatic circles, the ymmunique does not mention it exeept to reiterate its contention that®the head of the American ptate department indicated the United States’ unwillingness to ac cept the Japanese “hands off Asia” stand: : ] Statement Stands " Thle communigue, which reviews the recent declarations of Foreign, Minister Kohi Hirota, Ambassador Joseph C. Grew of the United )Statfq, and Ambassador Sir Fran cig Lindley of Great ®ritain, was ISo fg?fli-u to give the Japanese people the impression that Tokyo lhad the last word in the past fort night's international exchanges, 'leaving definitely on the records of ’,the world a declaration of Japan's ' unique position in East Asia. f Resentment at America's firm stand ‘' toward Japan’'s ‘“honds off” policy, as expressed by Secretary of State Hull, was voiced in the ' Japanese press, The reaction was in sharp con trast the manner in which word of Great Britian’s willingness to drop the whole matter raised by the Japanese foreign office declara tion of .April 17 wag recejved, DIRECT WARNING - WASHINGTON— (&) —The state department awaited Far Eastern reaction Tuesday to its police but (Continued on last page.) Miss Thompson Secks Permission t#o Take Rehabilitation Post Miss Ruby Thompson, home de monstration agent, was to go be fore the county commissioners at their meeting thigs afternoon te get their approval of her accepting an appointment as distriet supervisor for Rural Rehabilitation work in this territory of 26 counties. E. A. Lowe is assistant d@irector of this work for the state. Federal ' funds will be expended throughout the state to rehabili tate farm families. Familles will be selected from wvarious counties and placed on farms there, given stock; seed, and other necessities in order to make them self-sustain ing. Four families will be rehabi- llitated in Clarke county. f work, and his presence at the con- Iference will add greatly to the in | terest. i Brenau College and Riverside lwill furnigsh entertainment to the | members of the conference, These | two schools are cooperating thor oughly with the Gainesville Ro tarians, who will act as hosts, and all attending are assured a good | time. ‘ One of the features of the con | ference will be the annual Brenau ]May Day pageant, which is one of | the outstanding in the state. | Among prominent Rotarians who lwill be present at the conference | will be Garland Jones, District | Governor, of Newnan, Jake Harris | president of the Atlanta Rotary { club, Bill Keel, secretary of the ‘i(}ainesville club, Frank Archer of | Rome, Frank Jones of Macon, | Luke Pettus of Savannah, | Abit Nix of Athens, Walter | Whitehead, president of the El berton club; Max Pittard and Bob Wade o6f Marietta, Woods Ham mond of Griffin, Marion Symms {and Bright McConnell of Augusta, | George Warren of Atlanta, Claude '!Chance. ‘iiu!dant of the Athen=2 ‘Lnluh and many others, . THE TARIFF WRANGLE The future welfare of the South, if not, indeed, the entire country, is so inextricably bound up in the resto ration of foreign markets for our surplus raw products that it will be nothing short of calamitous if Congress should adjourn without passage of the tariff bill in such form as will give the President practically a free hand in scaling down insurmountable trade barriers and nego tiating reciprocal agreements with foreign countries. Industry has shortened hours and raised wages, in creasing overhead whether revenue justified it or not, yet there still are eleven million unemployed persons in this country; the Bankhead bill has been enacted into law, restricting cotton production to ten million bales, in an effort to stimulate the price of the staple, yet the market hes registered a decline since passage of this bill. It is quite patent that we cannot depend indefiniely on artificial stimulation (although as an expedient it hag its virtues) but that something more fundamental is needed, and the sooner we get it, the sooner we can dis card some of the theories that sound better than they work. Secretary Wallace, himself, has declared that unless trade relations with foreign countries are re-established, it will be necessary to retire from cultivation fifty million acres of land. Just what would become of the thousands of farmers, thus deprived of employment, is a question that those oppesed to tariff revision have nbdt chosen to answer. We are quite certain Senator David Reed, of Pennsylvania, Republican arch-opponent of lower tariff, would not wish them to descend upon the Pittsburgh dis trict where more industrial workers are said to be out of jobs than in any other like area in the universe. This, despite the faet that the present Republican tariff law was enacted on the premise that it protects the working man’s job by shutting out cheaply manufactured foreign products. ' In reality, though, that claim is so much ballyhoo to catch the laborer’s vote. What the ‘eastern manufac turer is really interested in—and always has been—is a system which enables him to fix any price for his pro duct that his fancy dictates. And he got away with it as long as America was a debtor nation, ‘during 'which period foreign countries stood willing to accept our ex ports—and credit our account, irrespective of whether we imported their products or not. But when the situation was reversed, Uncle Sam be coming a creditor nation, and erecting a tariff barrier that made it impossible for foreign governments to send us their goods, the shoe began to pinch. When foreign countries retaliate by excluding our raw products—cotton, wheat, corn, lard, ‘et cetera— thus impoverighing our agricultural classes, what be comes of the market for the products of our factories? It vanishes. Foreign countries won’t have them, and 11 million American farmers can’t buy them because the tariff has rendered sale of farm commodities abroad next to impossible. The purchasing power of town and city residents—mere dollar-swappers—is reduced be cause the farmer has no money to spend with them; so the only alternative is for factories to suspend or curtail operations, thus swelling the ranks of the unemployed— the very thing the Republicar high-tariff advocates contended the Hawley-Smoot law would eliminate. But it doesn’t work that way. In Secretary Wallace’s ‘“America Must Choose” pam phlet, he mentioned, as one alternative to retiring fifty million acres of land, the admission annually of one bil dollars’ worth of foreign goods more than was admitted during a previous peak year, the thought of which brought cold sweat to the brow of many Republican in dustrialists who visualized the country flooded with cheap foreign goods with which they would have to compete in price. These gentlemen seem to have forgotten the haleyon days of 1926 when the United States imported goods to the fabulous sum of $4,430,000,000, an increase of sl,- 300,000 as compared with the imports of four years previously. What happened? During the period from 1922 to 1926, employment was increased two and a half million; earnings of the average wage earner increased more than S2OO a year, and the total wealth of the United States was increased by nineteen billion dollars. Why? Simply because, by accepting imports on a gigantic scale, we were enabled to export on a corres ponding basis, enriching the agrarian classes, who in turn hought the products of mills and factories, thus providing satisfactory wages for factory workers and dividends for the industrial stockholders. It is quite fun demental that if we expect to export, we must also be prepared to import. - Republican opposition to a low tariff is traditional; we should hardly expect their support of the President’s proposal. But we have a Democratic. congress, and if we can’t look to a Democratic adminigtration for tariff reforms, which is Simon-pure . Democratic doctrine, where else can we turn? Senate Democrats caucused over the situation Monday night, and so eager is the President that this legislation be enacted at *this session, that Senator Robinson was emphatic in his statement that solidified party action is essential. The Southern cotton farmer feels that the drastic re duction in acreage is his only saivation this year, but nothing would suit him better than to be told next year to produce all the cotton of which his land is capable; that foreign countries constituted a ready market at a profitable price. Such an eventuality is possible only through the new tariff measure, as advocated by Mr. Roosevelt, and on its fate depends the success or failure of the entire recovery effort, A. B. C. Paper—Single Copies, 2c—sc¢ Sunday VOTE ENDORSEMENT OF MWHORTER FOR 30 STRAIGHT TERM Committee Votes 3 to:2 For Clarke’s Term to Ce Given Oglethorpe SET PRIMARY DATE Wilkes Delegation Serves Notice It Expects Office When Turn Comes B A lengthy and turbulent meeting of the 50th senatorial Democratie axecutive committee ended this morning in Cilarky county courts: house when the committee voted for Clarke county to stand aside andi allow Oglethorpe county the unprecedented privilege of neming the state senator trom this district for the third consecutive term. The committee then voted to endorse the present senatc., Hamilton Me- Whorter, Lexington, for re-nomina tion. This action by the committee marked the breaking of an agree ment entered into two years ago whereby the post was to rotate" among the three ¢#ounties in the district, Clarke, Oglethorpe and Wilkes. Senator McWhorter has: held the post for the past two' terms of four years, and under the” old agreement, the office was to be Clarke county’s for the next four years. Present At Meeting ! Present at the nieeting were H, J. Rowe, chairman; Farl Norman, gecretary, Wilkeg cJdunty, who held the proxy of C. H. Orr, also from that county; E. P. Shull, Ogle thorpe county, and W. H. Rey nolds, Jr,, who held the proxy of C. R, Crawford of that countiy, and John D. Elliott and Percy S. John son, Mr.. Johngon held the proxy of Ed Wier, a memher of the com mittee. A, C. Erwin, the other member of the Clarke dulegation, was not present, Mr, Elliott introduced a motien that Clarke county stand aside and allow Oglethorpe tounty to name the senator and that the commit tee endorse Hamilton -McWhorter (Continued on page seven.) Hunt for Kidnapers Halted to Negotiate For Child’s Return . TUCSON, Ariz—{#)—The Xid napers of 6-year-old June Robles were free Tuesday to negotidte for a $15,000 ransom without in terference from authorities. . Fer father, Fernando Robles, {8« sued an announcement to the kid napers saying he was ready to me~t fully their demands and that, at the family’s request, offi cial investigation had been stop ped to permit unhampered negos tiations. 3 ~ Bernabe Robles, reputedly weal thy grandfather of the child, r:- Lturned from a. second trip across the border to Santa Ana, Sonora, where he told a hotel proprietor he had sought the advice of Man« uel Gamboa, recognized in that area as a seer, In Giendale, Calif., John Mauier, automobile repairman and urele of June, said the kidnapers had demanded by telephone -the dis continuance of official search ‘for the girl pending ranson nmr tions. Mauler said the in tion was contained in a telegram from relatives in Tucson and add ed June’s parents believed .the kidnaping was the work of some one seeking revenge against Ber nabe Robles, probably as the- ree sult of business dealings. LOCAL WEATHER Generally fair tonight and Wednesday, exdept probably . occasional showers cn the coast, . little change in temperature. —— vy TEMPERATURE Highawt. .« o sass diss dron SN LOWOBE . oiu iiivih seis ....51‘}.,0‘ MOBR . o ciih eyt anin oo Normal.. ... il s s N RAINFALL N Incheg last 24 h0ur5........ .00 Total since May 1.......... 0.00 Deficiency since May 1.... .08 Average May rainfall...... 3.69 Total since January 1...,..17i84 Daficiency since January 1 .97
