'OUR MILDREN Roberts Bartort w _ 4* K& WEA StfiVKEJHC. parents should know a certain ^Important in bringing up chil- has to be satisfied. '*» child thinks Up something it lihpuhe. Block Chat arid what hapens? The mind up, even though the fime appears content op what tut* has been do- AM abet tits mind are two things in a way. His mind Uteut a "by your leave." ft Changing, planning going going back, much as though H flower growing in a flower top of his shoulders. f'tower Keeps Growing he child stops the flower keeps |f?jMktii can 1 put a thimble on the end atfrttt «h<i tender branches, but that tjft'fttattfer. The branch will bend. a" .twist in it, and turn around • in another direction, that is be satisfied to stop—it It has to go on developing ittire says, "This is tho end of It is finished.' compare every "impulse" of t's Jnind to a bianch in the .> Once started it has to go on ™finish. If not it will finish it- | Si' HOPE STAft Am DAltV AfiSS, MOPE, Af&ANSAS Shaw "Risks'* New York Appearance ...... ----- — — ..£/£. ... - I S poon vanilla. ' Mix the flour, snlt And H cup milk. Stir to R smooth paste. Meanwhile scald the rest of the milk. Ptfur a little of the scalded milk on the flour mixture and blend. Add this ib the remaining milk and stir constantly over fire until the mixture coals the spoon. Put the sugar in a frying pan over a low fire and stir until It is melted and a golden brown color. Remove from the fire, add slowly, stirring 'constantly, V4 cup of boiling water. Return to the stove and stir , until smooth. Add the caramelized sugar to the other mixture and cook- for 10 or 15 minutes longer. Add the vanilla or other seasoning If desired and pour into cold wet molds or glasses. When cold, turn out on a sauce dish and serve with top milk. Raw Carrot Relish Wash and scrape raw carrots nnd let stand in cold water until crisp. Drain well. Chop or grate the carrots, season with salt, pepper and 6 little diluted vinegar, and serve. Tokio Here's Ueorge Bernard Shaw in New York—of alt places! And grant* Ing Interviews—of all things! With characteristic bluntness, the Irish dramatist had (Irmly foresworn both "ordeals" whan he embarked on his world cruise. But ship news reporters enticed htm on deck when he touched at Manhattan for one lecture. WM, -&$#.. Your Shoes Tell You • T*%O your shoes seem bright, !_/ smiling and happy? Or they sad and downcast, 'you, to have them re- Shabby, worn shoes from your personal nce and from your and business prestige. <Wijhep gives you excellent itooe repair service and expert -.workmanship. For a perfect ,thoc,repair job, we advise •i Rock Oak sole leather. Rock 5lkT. tough, close-fibred and ^remely durable. It stands launder the- most trying Afingponditionsiandgreat- 'Jlirlengthens the life of your Jhoet. Specify Rock Oak- t ' JVO-'U be repaid in comfort'— ~ • • -• .'appearance — and "«* • Rock Ctak T«p.lookforthe |l5k<takaump. t j self in some, other way. Interrupted imgulse is not a good thing in most circumstances. Let us take a child who .wants to take an old clock apart. He gets the screw drivel* and sets about it. all keyed up with curiosity. Just when his interest is at its height, his mother comes' in and says, "You can't do that, son." Inquisilivcness Balked "But it's just an old alarm clock I found up in the attic! It's no good. I want to learn aboul clocks.' "Just the same I call il tleslruclive. Take it back." ' She has pul a Ihimble on the tip of a branch just starting to sprout, but containing the force and life-germ of all sprouts. And by nipping or trying ,o nip it, she has only added force and strength to the impulse. Now Johnny isn't through with clocks. His mind is not satisfied. The curiosity once incipient is now a full- Tedged torrcrnt of determination. In- erference has only strengthened it. G'ne day_ when his mother is out. notice the twist now) he locks his door land takes down his own mantel clock. He takes out every bolt, screw and wheel. His curiosity has been •satisfied, but something else has been born, secreliveness and cunning. His mind has resorted lo subelrfugc in order lo find a relief for lhat driving urge of curiosily. ' The Ihimbb did not work. Parents: Watch Your Vetoes! There are hundreds of impulses. Curiosity is merely one of them. Bui each lime an impulse is slopped by oulside means, not only is the impulse strenglhcned bul il bears unhaelthy ^heoRWitt ( , SHOE SHOP Phone 674 For Service not expect a forthright mind to be the result in later years. SISTER MARY'S KITCHEN Glair Nance was a business .visitor to Nashville Saturday night. Buford Byrum has gone on an extended visit'to Newport, Ark. Miss Myrtle Thompson of Dierks spent the last week-end with her par! ents. I George C. McLarty and family were visitors to Nashville Saturday. C. C. Simmons was a business visitor o Nashville Thursday. Mr. E. P. Nance was_a business vis- tor to Nashville Tuesday. Mr. and Mrs. Floyd Cooley and tliss Jo Etta Stueart were shoping in tashville Tuesday. Robert Hatch returned to his home t Fulton Tuesday after visiting his BY SISTER MARY NEA Service Writer Dried beans or lentels, known as the "poor man's meat," and an extra amount of milk furnish the protein for tomorrow's menu in this ccdnomy scries. Tomorrow's Menu Breakfast: Tomato juice for children, oatmeal with milk, bread and butter, milk for children, coffee for adults. Dinner: Vegetable stew, whole wheat bread, butler; caramel blanc mange, milk for children. Supper: Scalloped 1 potatoes with milk, carrot relish, whole wheat bread, butter, tea for adults, milk for children. progeny. This is why we parenls need to choose only the absolulely necessary Ihings lo veto.. We cannol, of course, give Ihe children their own way always. They db go off at a tangenl somelimes. But Ihe direct honest older mind is never the outcome of a thwarted younger mind. The parent who constanlly says "no" or interrupts innocent-enough acts too ofte'n can- RECIPES The recipes given will serve a family of six. Vegetable Stew One and one-half cups dried lima, navy, kidney beans or lentils, 2 quarts cold water, \k cup -rice, 2 cups tomatoes, 1 onion, 4 tablespoons drippings. Wash and soak beans overnight in water. Drain and_ add fresh waler lo cover well. Boil for Ihree hours. Brown sliced onion in frying pan, wilh dripipngs; add Ihis to the cooked beans, together with tomaloes, washed rice and seasonings. Simmer for one- half hour. Caramel Diane Mange Three cups fresh or diluted evapor- THESE X ftOVOCATIVE lips, haunting perfume, the spell of the sum* mer night—and a man and a girl for whom suddenly the rest of the world had ceased to exist. That night when Dan Cardigan forgot his vows to another girl and forgot responsibilities has tremendous consequences in "Darling Fool", the new serial by Mabel McEHiott. Here's a love story about characters who are real. It begins Today in the FLAPPER FANNY SAYS- , , . ro0.U.g,P*iTVvyT« .• *- -•• Girls who arc loo high-pllchcd nr npt to prove flat failures. mother. Mrs. V. A. Hatch nt this place. Miss Bertha Harris wns shopping in Murfrcesboro Thursday. L. S. Snnford war, n business visitor to Nashville Friday. John R. Cooley spent Thursday night with friends in Nashville. Mrs. Daisy Huddlcston wns shopping in Nashville Salurday. Miss Mavis Wnrren of Murfrecsboro spent the week-end with Miss Omn Lee Cooley at this place. M. L. Steuart of Hot Springs visited home folks here Sunday. Messrs. Ralph Holcomb and Elden Cooley of Hoi Springs visliccl home folks here Sunday. What Legislature Did XXX By The Associated Press Editor's Note:—This is a series of articles explaining acts of the 1933 general assembly, Act No. 24 County treasurers were ordered by Act No. 24 of 1933 to register all outstanding warrants presented and to pay them in the order of their registration. The net directs that school boards : shall present their orders to the treasurer within thirty days from the time it was drown. ( The treasurer is directed to pay ahe warrants only In the order of registration. If funds arc not on hand to pay certain warrants, the act directs The Sunday school of the Sweet Home Methodist church gave an Easter egg hunt on the church grounds Sunday afternoon sponsored by Mrs. Ruby Stcunrt. Al report a nice lime. Misses Omn ILoc Cooley and Esther Woods were shopping in Murtroes- boro Tuesday. Vcrnon McLnughlin was a business visitor to Nashville Monday night. L. Wright was a visitor to Murfrccs- boro Thursday. Miss Vcrn Slcunrl was a Nashville visitor Saturday night. Charley Smith was a Nashville visitor Saturday. Mrs. R. A. Sanford attended the funeral of her aunt, Mrs. Jim Goodwin at Murfrccsboro Thursday. Hurscl Wisdom was in Nashville Saturday on business. Mrs. Berley Watson of Mineral Springs is spending a few days with her mother, Mrs. V. A. Hatch. Mr. and Mrs. T. H. Sanford and children of Bingen visited Mr. and Mrs. C. C. Simmons at this place Sun- the treasurer to endorse upon the warrant the words "Not paid for lack of funds." Failure of holders of outstanding warrants Mo have them registered Within 30 days after passage of the act forfeits their rights to payment In the order of-priority. *L.' H. Sanford and V. H. Harris were Nashville visitors Monday night. Uncle Sam Matthews of Murfrccs- boro died Friday and was buried at Ml. Tabor cemetery two miles north of Toklo Saturday. He was the father of Neal Matthews, John Matthews and Mrs. Joe Hutson of Hope. A cluster of faint stars, known on. ly as catalogue No. N. G. C. 7006, Is so faraway from the earth that it requires 220,000 years for its light to reach us. In actual distance it would be 1.293,572,675,000,000,000 miles away. Sensational Film at theSaenger "Murders in the Zoo' Lai- est Mystery Melodrama Eighty-fiva per edit of the world's sullyq of nickel Is produced in Canada. The rest cpmes from New Caledonia, India and Norway. ' Of the 160 different species of plants reaching .tree size in Canada, 31 arc conifers, which form 80 per cent of standing timber.- Savage beasts, motivated by B sadistic madman, spread death, and-Him through "Murders in the Zoo," ttiys- tery melodrama currently showing ot the Saongcf theater;,with Charlie Hug- files, Lionet Atwill,-Kathleen Burke (the Panther Woman), Randolph Scott, John Lodge and Gall Patrick among the actual and prospective victims. Atwill, an eminent zoologist, Is the madman—madly Jealous of his wife, Miss Bruke. When/during the course of a big-game expedition in India, another man, drunk, kisses her, he abducts him, sews up his lips and leaves him in the jungle nt the .mercies of roving tigers. Another admirer ol his wife pops up aboard the vessel currying them back, to the United States. Atwill says nothing however, until after they have landed. Then he invites the admirer to a dinner which is being given for the city's wealthy at the zoo, to open a fund-raising drive for the institution. At the height of the festivities the latter suddenly screams, colapses and dies. The wife is sure her husband engineered the killing. Before she can voice her suspicions, however, she is dead, too. Scott, a young scientist attached to the 2oo staff, flndish evidence linking Atwill to the two murders. Atwill attacks him, then turns the animals loose. The picture reaches a breathless climax during the debacle which follows. MAGNOLIA FOUNDERS' MONTH Petroleum Contributes to your welfare F 1 JROM Jthe most ragged little urchin to the beautifully gowned "Colonel's Lady", petroleum has contributed trc- rr?ndously in the past 35 years to the welfare of every American—especially to those of us who live in the five Southwestern States. The deluge of petroleum that began with the discovery of oil in Texas at Corsicana in 1896 has changed the whole fiber and destiny of the Southwest. It has speeded the growth of Texas, Oklahoma, Arkansas, Louisiana and New Mexico by at least fifty years. It has given employment, opportunity and wealth directly to hundreds of thousands of Southwestern families—today it directly feeds more than one million Southwestern people.' It has not been long since oil money began to assist in replacing two-room frame schoolhouses with magnificent institutions of learning. Hospitals that rank with the finest in the world have been the gifts of public- spirited citizens whose bleak farms were suddenly transformed into profitable oil fields. In thirty-five years the population of the Southwest has almost trebled. It increased nearly 20% between 1920 and 1930—to a population of more than twelve and one-half millions. Hamlets have grown into great cities almost overnight—and oil is chiefly responsible. In Texas alone, the value of manufactured products has leaped from less than $100,000,000 to more than $1,200,000,000, with petroleum accounting for nearly 40 per cent of the total. In the other Southwestern States the development Has been equally as remarkable. •• Figures anJ statistics arc dry reading. But they are indisputable proof of the part petroleum is playing in the growth of your homeland ... of what petroleum contributes to your welfare/ In 1931 Southwestern landowners and their assignees received around $160,000,000 in royalties, lease bonuses, leases and rentals. Another $440,000,000 at least went for materials, supplies and field service. It is estimated that a total of not less than TWO BILLION DOLLARS a year is paid into the pockets of Southwestern residents directly by petroleum and its products. In 1932—alone— the petroleum industry paid to the States of Texas, Oklahoma, Arkansas, Louisiana and New Mexico more than $65,000,000 in the single item of gasoline taxes. The welfare of all who live here in the great Southwest is united inseparably with the welfare of petroleum—let us all keep this common Welfare constantly in mind. Total tax revenue derived from Petroleum by the five Southwestern States in 19)0 was about $120,000,000. In Texas the oil industry paid 56.8% of the total State revenue from taxation. Oklahoma received 18.37% of its total tax revenue from oil. Salaries, wages and commissions paid to oil industry employes in the Southwest exceeded $330,000,000 in 1930. A like sum was poured back into general business for food, clothing, rent, entertainment, bank deposits, etc., by the families of oil employes. I FAMILIES SUPPORTED?? The U. S. Census for 1930 showed about 250,000 individual] employed by the Southwestern oil industry. Using the national average of 44 persons per family, 1,100,000 people depend upon oil payrolls. I MYAUIES-LEASES-RENTALS Southwestern landowners and their assignee; received $160,000,000 in 1930 from the various oil companies for royalties, leases, lease bonuses and rentals. Railroads operated in the Southwest received approximately $75,000,000 in freight revenue from the oil induitry during 1930. From 1920 to 19)0, the five Southwestern Statej enjoyed 1 population increase of aboul 2,000,000, or 20%, to a total of 12,600,147. Nearly 50% of thil increase occurred in oil-producing counties. Including money paid during 19JO for mitetijti, supplies and services, including tcaniins, trucking, contract drilling, gas, water, electricity, the total was $440,000,000. Hope •( Star LISTEN IN every Friday niglit at 8:30 o'clock to Edwin C. Hill and "THE INSIDE STORY" over Radio Stations KTSA, KTRH, K.R.LL), KOMA, KLRA and WACO. Since 1JOO the value of crude oil produced in the five Southwestern States has totaled about $9,427,000.000—9 J/, Billion DolUrsI MAGNOLI (A SOCONY-VACUUM COMPANY) Producers, Refiners, Marketers of MOBILGAS .. ?!0£TLGAS ETHYL .. MOBILOIL .. and a complete 1-ne of automotive and industrial petroleum products. STATIONS AND D1IALCHS IN T E X A S,_O I^L_A H O U .A_, _AJtKAN 8 AJ» J-Q V IS I AN A AND NE^ Petroleum Company B-12-MT )*? >',& A Week In Hope ay Cfiitkt fetch ..i^^^HHUu^ J .MJ- .-J,.,_ .aifaii t VOLUME 34—NUMBER MS (AP)—Means Auociited Pr««s. (NfiA)—-Means Newspaper ttnttrprfee Ann'n, HOPE, ARKANSAS,^WEDNESDAY, APRII/19,19333 _. j.-.----, -.-.— '**'( Hat* £>»lly PrtM, jCAlUolldittJ «» H6pt Stit, JlrtuirY It, 1919, PRICE Here and There •Editorial By Alex. H. Washburn- Special Session Is Considered Likely on Beer and Taxes Terrific Drop in Property Assessments Puts State in Desperate Plight CRISIS IN SCHOOLS Million Revenue Expected of Beer—Futrell's Position Uncertain , Jjfc • of the trickery of international money-changers the United,States today turned loose of the gold-dollar abroad, 'allowing it to find its own level in the company of world currencies. While this is not true inflation as we understand tho word, the effect has been to boost American prices. Mr. Roosevelt's iictjon should be regarded, however, as an equalization of the past rather than inflation for the future. You will better understand today's happenings if you 1 chanced to reud Caret Garretl's article "The Economic Drive Against ihc United Stales" in lust week's Saturday Evening Post. Our leaders' Ihcory is lhat America was coming oul of Ihe depression last summer and fall, when Europe began juggling her currency against our dollar in order to get foreign goods over our tariff wall and so hang on lo the conl-lails of reviving American prosperity. That Ihis prosperily failed to materialize, Mr. Gnrrclt blames on Ihc facl lhal millions of dollars' worlh of foreign goods displaced American-manufactured brands In Ihe domestic market during Iho winler—stealing away our margin of recovery. x;x x I can give you Mr. Garrcll's poinl in Ihis one paragraph: When,Ihc Brilish pound wcnl off Ihc gold-sla'ndard il dropped from its normal value of $<f37 in American money o aboul $3.20. A Brilish manufacturer selling shoes at orjo pound par pair, would get in England Iho cquivalcnl of only ?,'i.20 in American money. Bul if he shipped them to the United stales he would gel,$4.87—or enough more lo pay Ihe freight, the tariff, and allow a handsome profit, Then Ihe Brilish govcrnmenl, Mr. Garretl lells us, helped its manufacturers hold this advantage by establishing a %-billion-dollar fund wilh which lo juggle currencies. When Ihc pound Iricd lo climb back up I opar, 54.87, the British sold pounds and bought dollars, making the pound cheaper, tho dollar dearer, and continuing lo maintain the foreigner's advantage. Now, what th2 Uniled Stales has done, is lo drop Ihe value of our dollar abroad so lhat Ihe Bril- ish manufacturer . attempting to sell shoes over here will get only Ihe $3.20 he would have, gollen in London. Nalurally he can't, pay the freight and tariff any longer—and the invaders will be lurnoj^back.. Iii 'l'ociSy*s"^p*apcr > you read '(naT'llie Stale Corporation Commission has completed ils fad-finding Iribunal for delermining public utility rates. I do not know Mr. Ealon ,lhe accountanl- mcmbcr, or Mr. Laslcy, Ihe allorney- mcmbcr; but if George L. Hess of El Dorado, Ihe cngincer-mcinbDr, is lypU cal of Ihc olhcr seleclions, then it is a sound group of investigators. Mr. Hess is a well knov/n evaluation engineer, with wide experience in judging natural gas produclion and Iransmission cosls. He was successfully used by Ihe City of Fort Smith in a fight against a gas company 10 years ago, when I knew Mr. Hess very well, bolh of us living al El Dorado. Consumers should look lo the Cor- poralion Commission and ils facl-fincl- ing Iribunal for a fair and result-getting survey of public utilily rates in Arkansas. It is a bailie no one city can successfully atlempl. Bul united as a state, in the Corporalion Commission, we have a chance to meat Ihe interconnected utility concerns on equal ground. XXX The hardest mistress to serve, runs Ihe proverb, is one who has been a maid herself. Russia, t h c peasant-government among nations, illuslrales tho proverb. Possessed of ICES that men want than any other area "inhabited by white men, she imagines spies and sees plots. Six British engineers, working in Russia for an atlractivc wage, are "framed" on third-degree evidence of terrorized Russian peasants, and five are eonvicled of damaging the very machinery they were erecting for the Soviel government. Three of the five are exiled, two sentenced to prison. Brcat Britain, angry, declares an embargo that will cosl Jiussia four-fifths of her trade with thai nation. One doesn't blame the British. Russia's inferiority complex pains all civ- lizied nations. By J. C. STAUK Associated Pnt-ss Staff Writer .... ; LITTLE ROCK—(/I 5 )—The jisigns of an impending special session of the Arkansas legislature this summer or fall are becoming increasingly apparent. The move for legislation to legalize 3.2 per cent beer for revenue, is only one of the things pointing to'a call. ' As much' as Governor Futrell would like to avoid a special' session, developments lhal have; followed each 'olhcr' in swift succession since Ihe regular session adjourned on March 9 indicate trie'difficulty'of long delaying a special session/ : The tax situation is the most press, ing problem thai may lead to a call. Governor Futrell himself has told advocates" cf beer legislation that an overhauling of Ihe tax'system is more important at Ihis lime than beer legislation. General Taxes Far, Down. The disclosure of "the tremendous drop,in 1932'general real and personal property tax assessments; upori which COlleM&ns nrX'^elngTOftd^ Otto year, has atfcerfluated Ihe demand for a special session. •The decrease of assessments lo Ihe loWesl level since 1916 was a distincl surprise lo state tax officials who expected a heavy decline in valuations but not of the proportions thai developed. On Ihc basis of Ihe 1982 assessments, totaling $171,469,866, a decrease of $83,365,118 from the 19,'U figures, Ihe ^operation of the stale and counly gov- ' crnmcnls and Ihe school system on sharply reduced budgets will be cx- Ircmely difficult Acl 280 of 1933, which became a law wilhoul Ihe governor's signalure, is generally cxpeclcd lo contribute to the heavy delinquencies in tax payments this year. II exlcnds Ihc period for rcdcmplion of lax-forfeiled property from Iwo years lo four years and reduces the penalty for non-payment from 10 per cent to 3 per cent. Some counly lax collectors estimate that collections this year will drop to from 25 to 50 per cent. The lax problem has Brought suggestions from some legislators to Governor Futrell that a sales tax be enacted. His attitude on this now has nol been disclosed, although at the regular session he was commitled against any new forms of taxation. School Plight Desperate The plight of the common school system presents another serious pr.»b_ lew. Schools in some sections now arc being operalecl on a tuition basis because of fallen revenues and Ihc number is expected to increase greatly the next term. The ways and means commiltee of the Arkansas Educulion Association has charged Iho 1933 legislature with the greatesl diversion of school funds to other purposes ever made by an Arkansas legislature, an amount estimated by the committee at $625,000. A stdtemcnt by the committee also asserted thai the abolition of county tiupcrintcndenls and counly boards of education and reorganization of the state department of education "destroyed the system which was the model of the nalion but has substituted therefor Ihe mosl anliqualecl sys- lem in Ihc United Stales." Advocates of bter legalization contend Arkansas is losing a large amount of revenue lo bordering slates which now have beer and that it is taking money out. of the slate for other pur. poses as well. Million From Beer Some of these cslimale lhal a beer tax in Arkansas would produce as much as $1,000,000 a year of new revenue. Governor Futrell says he will not call a special session lo legali/c beer in any event unless two-thirds of the members of the legislature agree in advance upon a beer measure and advocates of the legislation now are seeking these pledges. Whatever their success, Ihc governor is nut expected lo call a special cession until after Ihe July 18 referendum on prohibition when the A'r- kansas electors will vote on the question of ratijk'ation .or rejection of the proposed new amendment to the con. stitution of the United States which would repeal he Eighleenlh amendment. Upon the result of lhat referendum may depend the question of a special session. , STEEL BOOI FLAPPER FANNY SAYS: . u. s. PAT. orr. $5,000 in Cuts Is Ordered as City's Officials Swear In Baker, Police Chief; Sale, Fire.Chief; Smith, City Physician PICK COMMITTEES Mayor Boyett Announces His Organization of City Council With savings of $5,000 assured for.th'e 1938 budget and more to come, and the appointment o f department heads and council committees, Hope's new city administration took Office Tuesday night at the council meeting officially ushering'in the-fiscal year. Clarcncs E. Baker returned to the office of chief of police, and J. K. Sale became chief of the fire department, both appointments, by Mayor Ruff Boyctl'being conf^/niied by Ihe council. Dr. Don Smith", Was elected city health officer. The ^Board of Health was announced as follows: Dr.' J. H. Weaver, chairman; Dr, P. B, Carrigan, Dr. "A. C. Kolb, and E. F. McFiiddin, attorney} secretary. Police Department With Chief Baker in' the police department will-be the following Officers: IJujjrfA'rnett:,^ohri T,urner<"and Homer Burke, the ISi^r^named returning to a department he left two years ago to accept apposition as special officer for the Missouri Pacific.. 'Chief Baker has been a ilcpuly for Sheriff John L. Wilson the last two years. Chief Sale will organize the fire department April 23; it was said. Expense reductions announced Tuesday night approximated $2,320 in operations at the municipal wa,ter and light plant, and $2,500 for the work of the street commitlee. Two reductions offered by the fire committee were accepted by the council. James Embrce dropping from $112.50 to $100 a month as driver of the tire truck; Harvey Thomas, assistant, from $100 to $87.50. Other salary schedules for this department have nol been fixed, it is believed. Boyett Sworn in Mayor Boyetl was sworn in during the clay Tuesday by A. C. Monts, a justice of Ihc peace. The oulgoing clerk, Bert Keith, administered Ihe oath to T. R. Billingslcy, his successor, and also to the four re-elected aldermen: R. L. Gosncll, Luther Garner, W. A. Lewis, and C. E. Taylor. Treasurer Charles Rnynerson and Municipal Judge W. K. Lcmley have not yet been sworn in. F. Y. Trimble was approved by the council as a new member of the board of commissioners of Hope Water & Sewer District, to serve with R. M. LiiGronc and E. S. Greening. The hoard was originally comprised by Mr. LuGrono, W. Y. Foster and A. L. Belts, the latter two resigning within (lie liisl year. The council voter! #i permit to Joe Colcmun to construct a filling station at his residence at Ihe intersection of Hervcy and Third streets. Protesting owners of neighboring property were rei>rc:--enti.'d again Tuesday night by Ernest O'Neal, bill after discussion through several preceding meetings Ihe council ill executive session approved the permit. Council Committees New commutes are: Water and Ligljt—Theo P. Wilt, chairman; R. L. Gosnell, W. A. Lewis. Police and Market—Luther Garner, chairman; Roy Anderson, R. L. Gos- ncll. Finance—Roy Anderson, chairman; Theo 1'. Witt, L. A. Keith. Slrccts and Alleys—W. A. Lewis, chuiiman; Ira Ilulliburtoii, Theo P. Witt. Fire and Hose—R. L. Gosnell, chairman; Charlie Taylor, Roy Anderson. Ortiiriane-—L. A. Keith, chairman; Luther Garner, W. A. Lewis. Ee\vtr—Charlie Taylor, chairman; Ira H-jlliburlon, L. A. Keith. Sidewalk—Ira Halliburton, chairman; Charlie Taylor, Luther Garner. Board of Public Affairs—C. C. Spragins, Lloyd Spencer. SavediU. S. Seine girls tttke awkward positions as a mutter of course. as F, D. Stri Back at Eui 'Dad' Lambeth, Former Hope Man, Dies, Texas "Dad" Lambeth, .aged father of D. S'. Lambeth, died Tuesday at his home in Cooper, Texas, it was learned here Wednesday. ' D. S. Lambeth is well known here, having served as ticket agent of the L.'&'A. railroad for' nearly 20 years before moving,to Texas, Pe&ch Crop Only 25 Per Cent of Normal LITTLE ROCK.—(/P)—The condition of the Arkansas peach crop is only 25 per cent of normal, C. S. Bouton, fed- srt!-stale crop stalitician, said loday in correcling an error that appeared in his April crop condition report last Saturday. This gave Hi:- condition of Ihe peach crop as 85 per cent normal. Tr.e report said the crop was belter than was indicated earlier. Playground in Fair Park This Summer Mrs. Charles Wilkins to Supervise Children for Legion Auxiliary A playground in Fair Park is assured Hope's children this summer, as the result of a park project pushed to conclusion Tuesday night before Ihe cily council by Ihe American Legion Auxiliary posl o flhis cily. The cily council at the firsl meel- ing of Ihe new administralion Tuesday nighl granled free use of Ihe city- owned Fair Park properly. The Auxiliary has retained Mrs. Charles Wilkin to supervise children's work on the playground during Ihe summer monlhs, and expects lo call on olher clubs and organizalions of the city to help with a small amount of financing. Reconstruction Finance Corporation labor is pledged to pul Ihe park in shape, Ihe Auxiliary >commillee announced. Deserts Drys to Urge Legal Beer Rep. Harve Thorn, of Poinsett Co., Joins Petition for Call LITTLE ROCK—(yf>)—Representative Ilarvc Thorn, of Poinsetl counly, announced Wednesday he had abandoned his former dry stand to join legislative advocates of 3.2 per cent beer. Thorn declared he had reversed his slind because of Ihe need for rev. ciiiie and because "Ihe resources of cur rouhlies near the Missouri line nre being drained so rapidly." Hot Springs Employs Ex-Highway Engineer CAMDEN, Ark.—(yP)—Effective May 1, L. R. F'lemmons, who served as district highway engineer of district No. 7 during the slate highway building program, will assume the position of euy engineer of Hoi Springs. F'lemmons was relieved of his duties as dislricl highway engineer under the reorganization of Ihe highway department by the new stale highway commission. Before coming here in 1927, he was an engineer for Northwestern Railway company in Chicago. Treasury Secretary Carlisle hands President Cleveland a telegram . . . news that the U. S. Treasury is drained .of gold . . .Morgan docs not hesitate ... he has a plan . . . which saved the federal credit in ,1 grave crisis . . . J. P. Morgan, right,'as the Money Monarch at the height of his powers. Cleveland, Disliking 'J. P/Made Him Wait But the Treasury's Gold Was Down to 9 Millions, and One Check Was Outstanding for 12, That Day in 1895 When the President Finally Called Mr. Morgan in Editor's Note; This IN the third of six stories on the House of Morgan, soon to be the subject of Senatorial inquiry. BY WILLIS THORNTON NEA Service Writer . NEW YORK—The House of' Morgan has its roots doep in international finance. The first big opportunity of Junis, tho founder, came to him as a partner in a firm engaged in foreign exchange and international security business. He proved his pre-eminence in thai*/ field when, even as the Prussians Ihundcrcd at the gates of Paris and tile Emperor Napoleon III was 3 cap- live, ^Junius boughl an issue of bonds from the refugee French provisional government at 80 and immediately "floated" them at 85.. It was a big profit, but it was a big risk, and Morgan, when Ihose bonds rose shorlly lo par, was regarded as a greal financier by his customers and in fact by all Europe. This European connection was undoubtedly what set John Pierponl Morgan, his ton, on Ihe road upward. Up to thai lime he had been jusl a smart, efficient banker, inclined lo speculate, but a trader, never a mixer in industrial affairs. Ka 111 pant Railroads The Railroad Era was just flowering. Tentacles of trackage were wrigyling weslward. It was an era of looss financial morals and reckless buccaneering with money. In the scramble to produce railroads, the American investor paid for those railroads three times over, but at least we got the railroads. If the Morgan operations in railroads into which he now launched Ipave something to ba desired, Ihey were at Irast better than those of some of the men he fought. Gould, Fisk, Vanclerbill, Sage, Huntinglon. Drew, were names connected with manipulation of railroad stocks rather than wilh developing and running Ihe roads. Il was with Jay Gould and Jim Fisk lhat Morgan ai S2, firsl tangled in a Chenault Is Given U. S. Appointment Arkansas Gazette Writer to Aid With R. F. C. Publicity WASHINGTON.- (/Pj -The Reconstruction Finance Corporation Wednesday named Norman W. Baxter, former managing editor of the Washington Post, arid Fletcher Chenault, of the Arkansas Gazette staff, Little Rock, as adminisrative assistants to the board of directors, in charge of publicily. Baxter will have charge of general publicily, while Chenaull will care for information on self-liquidating projects. (Continued on page Play to Be Given at DeAnn on Wednesday '•Eyes of Love," a play, will be pr - senlcd by tHe DeAnn students a' 3 o'clock Wednesday night, April 19, at the school. The play, a three-act comedy-drama written by juilian Mortimer, is a charming taJe of a falher's love and a daughter's devotion. Admission is free. British Convicted, to Boycott Russia Empire Strikes 29-Mi!Hon Dollar Blow Against \ Soviet Trade LONDON, Eng. — (/P) GreatfJBritain answered the xonvi^llqn of , B,riti,sh engineers in''MosS$w>j>y declaring Wednesday a jjsittfirf -«mbar^fity v go against So'pfetfgoods which ill shut out approximately 80 per cent -of. Russia's imports in to the United Kingdom. . On the basis of current trade figures the embargo, which becomes effective April 26, will bar imports aggregat. MOSCOW, Russia — (fl>) — The central executive committee of Soviet Russia was petitioned Wed. nesday to commute to exile for life the prison sentences imposed early Wednesday' morning on L. C. Thornton and William L. MacDonald, British engineers, convicted of espionage, sabotage and bribery. Suspect tof| as Gold Dollar Cut Loose Abi American Dollar _ Down to Level of <. er Currencies' OUR $teel Common a Share, AH C fie* Advance WASHINGTON <2s$ President Rooseyeft ed Wjednpsday' of the gold embar& to improve *dor ing 9,600,000 pounds annually (approximately 29 million dollars at the present rate of exchange). A proclamation signed by King George prevents importations of raw cotton, butter, wheat, oats, barley, petroleum oils, wood and timber. If the sentences of the convicted men are commuted a possibility is seen for lifting the embargo. 2 Britishers Imprisoned MOSCOW Russia-(tf>)-Two of the six British electrical engineers tried on charges of espionage, bribery and sabotage, were given prison sentences early Wednesday, three were ordered deported and the other was acquitted. Ten of their Russian co-defendants were sentenced to terms up to 10 years. One was acquitted. Three judges comprising the court announced the verdict after nine hours and 15 minutes of deliberation. W. H. McDonaia, the only one of the British employes of the MetropoU ilan-Vickers electrical firm lo plead guilty, received a two.year prison sentence. L. C. Thornton, the company's chief construction engineer in Russia, who was described as a military spy by Prosecutor Audrey Bishinsky, was was sentenced to a three-year term. Allan Monkhouse, the Metropolitan Vickers director in Russia; John Cushny, an engineer, and Charles Nordwall were ordered deported within three days. They will not be alldw- ed to return to Soviet Russia wilhin five years. A. W. Gregory, charges against whom were withdrawn by the prosecutor, was acquitted. Y. I. Ziebert, who the prosecutor said had engaged in no serious sabotaging activity, was the only Russian freed of the charges. One Woman Sentenced The only woman defendant Anna Kutuzcva, secretary of Monkhouse, was sentenced to 1V4 years imprison, mcnt. The verdict carried no deaf sentences, the severest punishmc' being the 10-year terms metered c to Vassili Gusev, A. T. Lobanov a L. A. Sukoruchkin, for all of who'i the prosecutor asked "the highest penalty." The Russians who received the heaviest sentences also suffered confiscation of their property. The last procedure of Ihe Irial was a series of final statements from eacp ot the defendants. Perhaps the most dramatic of these came from Monkhouse, who told the court lhat a man ot his profession could no more wreck —~»"Tir^fI campaign ne iwa-,i to establish a $mtr level to counteract i The word "inflation".'if ticularly popular in the" vocabulary. Rather he prefers to speak ofJ^| trolled new price levels." , ' f r f Additional steps are in "prc Wednesday he was looking" I to a meeting of the 12 district '. Reserve governors who. haveAJ. called in to outline plans for,;t>e^ of existing idle currency 1 aridS freeing billions o? dollar* of it posits in cjosed banks. '•"*, t The governors were In confe with Secretary Woodin of the J ury Department, while \ ? ftfe" Roosevelt was confined to the,< live mansion with a head cold. |; But th'e president did not' let h' disposition interfere with his program, iv-A", Cotton Up $2.50 a Bale 1 * NEW YORK,—(/P)—With stpdc $1 to $11 a share, wheat rising^.; than 4 cents a bushel, cotton a bale, and other commodities 1 bullish sentiment in the markets reached the boiling Wednesday as Washington iUr anti-deflation program, Trading pn the New^V Exchange proceeded at a pace^ii brought the total turnover to ap ( imately 5 million shares for the 4 time in many months, ^ Cotton here and at New Orje soared about $2.50 a bale, while'.siV^ ver, rubber, cocoa and several lesserj staples rallied sharply. Dollar-Exchange Falls ', Equally spectacular was the v ' itale drop in dollar-exchange's foreign monies, reflecting the v embargo; and the ineference w?«i that American dollar was to be'ftu ed to find its own level, in (Continued on page ihre«) (Continued on page three) Hoarder's $5,000 Sold to Junkman Chicago Police Search * Junk Yard for Book That Has Money CHICAGO.—In a junk yard four de- leclives have begun searching through 18 Ions of old books and papers with Ihe hope of finding $5,000 in" bonds •>d currency. (Sver since 'Salurday, when Mrs. Val- ryik Walozynska, 810 Rose slreet, tearfully told of her loss, the search has been continuous. The cash and securities, she said, were hidden between the pages of a book. And a boarder had sold the book along with, some junk. Police have learned lhat one of .the two junk men who bought the lot-" for 10 cents—was Anton .Novak. They have also learned that the load was sold to the owner of a yard on Lgfts. vtt street, and have located some Pi- the junk here. But thus tar tfeft' "treasure book" has not been found. Search a also beiag nwde for Nq vak's partner.
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