Ames Daily Tribune from Ames, Iowa on October 18, 1933 · Page 5
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Ames Daily Tribune from Ames, Iowa · Page 5

Ames, Iowa
Issue Date:
Wednesday, October 18, 1933
Page 5
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Sign Up With NRA NOW. MttltnM «f M I* j«* 1~\ *1 HP • Daily Tn STORY COUNTY'S F«*> In MM*, n«t* in WM* pertiem, H«« fU III north •*rti«mi r w*rm«r In •Mt, cMtor In *xtr«me> VOLUlttLXVII Official Ant* and ttory County Paftwr AMU, IOWA, WEDH1SDAY, OCTOBER 18, 1033. S«rvlc« HO. W CORN-HOG RAISERS TO GET $350,000,000 MASTER CODE FOR RETAIL TRADE ON ROOSEVELT President To Decide Price-Fixing Issue WASHINGTON OLE) — Decision on a long-disputed master code governing the nation's retail trade rested with President Roosevelt Wednesday. Recovery Administrator Johnson expected the president to act by Wednesday night Johnson said it was "very urgent" that the code, affecting some 4,500,000 employes and the entire consuming public be put into Affect quickly. The knotty question of price regulation, batted back and forth at NRA for nearly two months, was the issue for fae president to decide. Two alternatives were before him: L A provision constantly favtr- *d by most retailers which wsuld outlaw sales of goods at less than cost plus 10 per oent. 2. A compromise provision which merely would forbid sales at less than cost Johnson cited reports showing thai cxpefises of stores thruout the country average 26 per cent above the cost of the goods they sell On this basis, he felt the guarantee of a 10 per cent aark-up would prevent cut-throat competition without causing any general increase in prices to the consumer. Bat lie drafted the compromise proposal in view of consistent opposition of government economists and farm relief officials to the 10 per cent mark-up provision. He said the compromise was acceptable to the agricultural adjustment administration, •, The administration also moved to protect consumers. Johnson said "we are going to set tip some sort of a compliance system where people can complain locally rad a p«ij«tt 1»n at least get information as to the Justifies* . tion of 4pricc incre**a3." It irae.tx^ H«re4 local consumers' councils soon to be otfteiMd would handle these complaints. The administrator said there "probably nave been sonic exces sive markups," altho in most cases .investigated* so far "we have not ffiundjay .that diC.nbt have pretty gcK»d Justification." He added that data was 'jeing assembled in preparation for hearings which have been, ordered on allegedly unfair price increases by some manufact urers of., textile products. The retail code was by far tue mti*t important of the NRA codes still pending. As soon as it is out (Contin'.ed on Page Two.) Macori Is Home After Transcontinental Flight i The Macon, giant U. S., dirigible, dips down in an impressive landing in the above pictur#, ending Its transcontinental flight to its new home at Moffett field, Sunnyvale, Calif. The huge craft is shown as it was being drawn to Its mooring mast, to be trundled into the hangar beyond. In the distance is San Francisco bay. FINES, JAIL TERMS Frances Perkins Sees Favorable Tr£nd in Wages WASHINGTON OlB—Fears. that the depression might accustom Americans to lower standards of living have proved groundless Secretary of Labor Perkins said Wednesday. As example, she produced statistics indicating sizeable increases In September employment nnd payrolls over August in the dying and cleaning industry. •"?,.-.--With these iigures were others showing continued improvement in laundries, building construction, wholesale and retail trade. The latter gained more than 10 per cent in both employment and payrolls for the mouth. A "bureau, of labor statistics survey showed 620, 000 workers add d in September by 17 industrial / and business groups.. "This employment is reflected in quick consumer demands," Miss Perkin b declared. "On« of the first things the American workingman wants when he gels a new job is to have his best *uit cleaned and pressed so he can look respectable." Retail trade figures were interpreted by Secretary Perkins as reflecting seasonal gains' and the effect of NRA codes. Test Your Knowledge Can you answer seven of thesa test questions? Turn to pag* four for th« answer*. 1. Name the -largest species of snakes. 2. To whom does tradition impute the making of the first American flag? 3. Who used the pen name "Ian Maclaren?" 4. What is the meaning ot the initials R. 0. T. C.? 5. What is chlorophyll? 6 - Name the second largest city n '• What is the official national e «ru° f the u S.? Who was Joseph H. Choate? t!ie u - s - secrctary of short, 1 ? whlcb stftt8 F. D. R. Invokes Penal Section of Law WASHINGTON, OLE)—Fines and jail terms faced violators of recovery codes and agreements Wednesday. President Roosevelt invoked the penal sections of the national industrial recovery act Tuesday night in a sweeping executive or- tttJ"a«I*fated : full powers to ator Hugh 3. Johnton io prevent violations of the law and force compliance with codes and agreements and all rules and regulations issued under them. Johnson immediately . supplemented the president's order with regulations placing those who display the blue eagle under the president's reemplo/ment agreement on an equal footing with those for whom codes have been promulgated. Johnson's regulations also required surrender of the blue eagle upon demand. The president acted tinder section 10 (A) of the law. It reads: "The president is authorized to prescribe "such rules and regulations as may be necessar> to carry out the purpose of this title, and fees for licenses and for filing codes of fair competition and agreements, and any violation ol any such rules or regulation 1 shal be punishable by fine of not to exceed |500, or imprisonment for not to exceed six months, or both. The president's Order was in four parts. The first prohlbitec anyone from falsely representing himself to be discharging the obligations,, or complying with the provisions, .< of agreements, codes or rules or regulations. The second prohibited use of the blue eagle contrary to rules 1 prescribed by Johnson. The third delegated to Johnson the'power to enforce the first "twb prohibitions, and "take such other steps as he ; may deem so prescribes by effectuate such rules and regulations or any rules so prescribed by the administrator, and to appoint personnel and (Continued on Page Three) { Blue Eagle to "Fly" Over South Pole $10,000,000 More Allotted To N6n- Federal Projects WASHINGTON (U.E)—P u b 1 i c Works Administrator Ickes announced Wednesday the allotment of $10,119,514 to 67 non-federal projects thruout the nation. Iowa received $145,900. Wednesday's allotment brought the total number of non federal allotments to more than 300 for a total of nearly $300,000,000. The allotments included: Bloomfield, la., grant, water works, $3;2CO; Iowa City, grant, buildings, $92,COO; Dyersville, grant, sewer, $700; Ottumwa, grant, viaduct, $50,00(1. Norman Thomas Will Aid Mooney SAN FRANCISCO OJ.E) —Tom Mooney, labor leader serving a ife sentence for the Preparedness day fatal bombing here, had a new defender Wednesday in Norman Thomas, New Yorker, who was the socialist party president~i candidate in 1932. Thomas announced he would k his former opponent, President Roosevelt, to intercede for Mooney's freedom. The famed Tlsoner's attempts to obtain a ardon have been "rejected con- istently by California authorities Jnce his imprisonment after the •ombing ia 1916. The noted so- ialist visited Mooney • at San Qiicntln prison nnd reported ho was "looking healthy." One bird going farther south this winter than any other is the renowned blue eagle of NRA fame. Here you see General Hugh S. Johnson (right), NRA administrator, giving Captain Al Williams, speed flyer, the blue eagle bariner which Admiral Byrd will take to the South Pole and drop from a plane. May Use Troops to Enforce N. D. Wheat Embargo BISMARCK, N. D. (HE)— Twenty national guard units stood ready Wednesday to enforce Gov. William Langer's order impounding 60,000;000 bushels of wheat within the state. The embargo becomes effective at midnight Wednesday night .The purpose of the unprecedented action, Gov. Langer explained, was to call attention of the plight of the wheat farmer and to influence federal action in their behalf. No immediate price reaction is anticipated. The troops will be called, if necessary, Gov. Langer said, to enforce military law in order to pre- 'vent removal of grain from the state. Adjt Gen. Earl Sarles was placed in command of the troops. •Representatives of three of the state's principal railroads announced they would offer no opposition to the embargo. , Japanese Emperor To Direct Maneuvers TOKIO — . Japan's annual army maneuvers will be held under the direct supervision of Emperor Hirohito, starting Oct 24, the United Press was informed Wednesday when preliminary plans ^or the great war games were revealed. The emperor will leave here Oct 22 for the Hokurikudo district, selected as the scene or the maneuvers in which at least three full divisions will participate on a full war footing. Man Fatally Injured As 2 Trucks Crash CHARITONd (U.P>—Arthur Shirer was fatally crusht between two colliding trucks Wednesday, four miles east of Chariton. Shirer was riding on the ni-jnlng board of n truck driven by Roy Parsons oh Chnrllon, which crashed with a Hrcond truck driven by Gtcrge CoghiU of Emporla, Kan. 11TAKE Greater publicity for Ames and the Iowa State college campus along the tourist lanes leading thru the city is urged in vecommenJa- tious for civic ser/ice made to the Junior Chamber of Commerce by two business men. The suggestions were presented in answer to a questionnaire sent to more than and professional men by the junior chamber, last week.' Those who have not yet sent replies may still. do sd, mailing them to President G. Roger Alley, or leiavinf them at any of the three Ames banks. Billboards which would acquaint tourists approaching Ames of the beauty and extent of the Iowa State campus are suggested by one business man. He wrote: Recommends Highway Signs "I would like to see four billboards outside of Ames on the main highways telling the traveling pub- WIN'S SALARY INCREASED AS HE URGED WAGE CUTS Pecora Delves Deep ir. Personal Affairs of Banker WASHINGTON, OLE)—Albert H. Wiggia, $100,000 a year retired head of the Chase National bank, who drew $1,367,000 In salary and bonuses in five and one-half years, was shown Wednesday by senate stock market investigators to have recommended reduction in wages of industrial labor In'1931, just 13 days after his own salary had been raised from 1218,000 a year to $250,000. ', fir Wiggin received from the bank an additional 175,000 in 1931 as a bonus on the 1830 business of the bank, bringing his income from the bank in 1931 to $326,000. Ferdinand' Pec.ora, committee counsel, read to Wiggin hit annual report fo" 1930, in which he stated that "high wages do not make prosperity" and suggested . that "many industries can ask their labor to accept moderate reductions of wages to decrease costs and improve the buying power of labor." The lawyer showed that Wiggin salary of $218,000 for 1930 was increased to $250,000 in 1931. Paper losses to the Chase Securities corporation in depressing years were said Wednesday to total $120,138,075, which represents 77 per cent of the total capital and earnings of the corporation since it was organized June 1,1917. The question of whether personal corporations organized by Wiggin enabled him to avoid heavy income taxation focused the attention of investigators on his private affairs Wednesday. . - : The United Press learned the investigators had evidenced that several personal corporations organii- ed and owned by Wiggin and. his family amassed millions of dollars in profits. • ''•'.* $ Apart from any profits *ccruM*jj~ 1111 r» to these corporation^ WigginJfeold* tjr^UpTTOlOS'Jr the United Press he personally/had .. • paid federal income tax strfight i/u the depression on-the large salary and bonuses paid to Him by the bank. "I always paid a large income tax- and I paid in 1930-31-32," Wig- said when, asked if he paid /in ie years In i which J..P .Morgan was shown to liaye avoided income tax in this country.; Winthrop W. Aldrich, son-in-law oi John D. Rockefeller and Wi& gin's successor,viaid be had paid income tax thruout the depression. "I had no corporations or anything else," Aldrich told the United Press. James V.; Forrestal, a member of Dillon, Read and Co., was shown ast week to "have avoided or postponed at least $95,000 in income taxation in a single year thru two corporations organized and owned ay him. NRA AS A STEP Paving projects .totaling 21.253 miles in six counties will be up for contract before the state highway commission at a letting scheduled for Tuesday, Oct 24. The schedule also calls for bids to be opened for bridges and cul verts in nine counties, and for grading of 5.167 miles of road No. 12 in Plymouth county. Pavinfe project;, to be considered include: Allamakee county— 3.987 miles of roads No. 13 and No. 51 from •Waukon south. Clinton county— 6.23 miles of U. S. No. 55 from Clinton north. Franklin county— 2.076 miles of a secondary road from Coulter to Latimer. *, Fremont county— 0.143 miles of U. S. No. 275 in Hamburg. Linn county— 6.118 miles of road No. 149 from Fairfax northeast into Cedar Rapids. Polk county— 2.7S9 milen of U. S. No. 6 from U. S. No. 65 east to Frederick Hubbard boulevard in Des Moines. «• The bridge and culvert work is listed in the following counties: Allamakee, Clinton, Des Moines, Dubuque. Franklin, Linn, Plymouth, Polk and Woodbury. Public Invited to First Fall Forum A special invitation has been extended to the general public to attend the first of the fall meetings of the Ames forum, which will be held Wednesday at 8 p. m. in the high school auditorium. Prof. T. W. Schultz of tht department of agricultural ec> onomics at Iowa State college, will lead the discussion on the subject of the national agricultural adjustment act. Following a talk by Prof. Schuitx, the topic wil be di*cu*«ed from the floor, CHICAGO (KB) — Danger that the NRA may be a step toward American.dictatorship was'pointed out Wednesday at a conference of more than 200-members of the Inland Daily Press- association, representing" 254 midwestem newspapers. Criticism of the NRA for its ric- tatorial%spects was made by Phil S. Hanna, editor of the Chicago Journal of Commerce, in an address in which he declared "the hope for democracy lies in a free press." "Would anybody have thot a year ago," Hanna said, "that the secretary of agriculture would be given the p'ower to prevent a man selling milk for what he choose in the Chicago area?" "Would anybody have dreamed the time would come when a government official would stand up "and ta!'s about boycotts and cracking dovs «^ employers who diff r with po*i\cians about the method of bringing back recovery? Greater Publicity For Ames and I. S. G Campus Suggested He that Ames is the home of Iowa State college, with the most beautiful campus in America, and inviting them to stop and visit it "I. would also like to see the signs removed from the college grounds or at entrances to the campus which state that no trespassing is allowed. This does not mean automobiles. But a stranger in a strange city would not drive into a place that has a "no trespassing" sign. "The college grounds are something that Ames should be proud of, and everyone who passes thru should be asked to visit them." Wants Ames Slogan The other man suggested an Ames slogan, conveying a similar idea. He writes: "Every city aid town has some enterprise of which it is proud and to which is given publicity. (ContLmed on Page Three) Grains Soar As Traders Return to Buying Side CHICAGO (UJ» — Grain traders, abandoning the pessimism which had hung over the ( market for week*, Wednesday showed * continued rush of enthusiasm *nd wheat futures jumped four cents on top of a five cent gain Tuesday. December futures sold *t 78/8 cents a bushel, May at 81% cents and July at 00% cents. Corn and oata were up more than a cent. ELECTS OFFICERS at Slater Special to the Tribune-Times. SLATER — New officers were elected by Story County Voiture ' ' ' '" J?o. -285 s c' ^brty' 'and. Eight, plans *ete^aid 'by gionaires ; 16 revive the- Slater American Legion post, at a pep meeting held here, Tuesday night.' The Slater post was . not organized for the year 1933, tho this post at one time had nearly 50 members on its roll. Uader leader : ship of WHkie L. Harper of Ames, sixth district commander; Charles W. 'Yeager of Colo, county Legion council commander, and Chef de Gare J. R. Hattery of Nevada, head of the county Forty and Eight organization, a direct effort to renew the post's charter will be made during the present countywide membership drive. The Forty and Eight held its regular monthly meeting in connection with the pep meeting, and elected Alfred Jacobson of Story City as chef de gare to succeed Chef Hattery. Other Officers Other officers elected were: Chef de train, Dewey Kern, Collins; correspbndant and commis- saire intendant, Lester son, Story City; garde de la porte, Tom Geataganas, Ames; conduc- teur, J. R. Hattery, Nevada; lam- piste, Ben Knudtson, Roland; au- monier, Charles W. Yeager, Colo. These officers will be installed at the next Forty and Eight meeting, November 14, at Nevada. Grand Chef de Gare Roy Pell. Marshalltown, head of the Iowa Forty and Eight, will be the installing officer, it was announced. A joint meeting between the Slater post auxiliary, which is st;!! (Continued on Page Three) IOWA TO GET $76,000, DES MOINES," (HE)— If all farmers Cooperate, Iowa stands to gain about $76,000,000 from the government's., new corn-hog program which will go into effect November 4. This does not include any benefits accruing from an anticipated price' increase which the government hopes will follow from its project Iowa leads the nation in production of both corn and hogs. The 1933 estimated Iowa corn crop of 413,250,000 bushels, which is about an average yield, is 20 per cent of the nation's total estimate of 2,291,000,000 bushels. Last year, Jc- wa marketed 12,518,000 head of hogs, 37 per cent of the national total. > -, Iowa farrowed 14,693,000 pigs in 1932 and 16,170,000 in 193L On the basis of $5 for 7* per cent of this average, Iowa stands to gain about ?51;250,000 from this program. n&he corn acreage this ;, yjMtr was 11,020,000 acres. Bounties for taking 20 per cent of this- total out of production, 30 cents per bushel, figuring a -yield of 38 bushels per acre, would total $25,080,000. WINFREY RE-ELECTED MILWAUKEE (IT.E) — Professor Robley Winfrey, Iowa State college, Ames, was re-elected national chairman of the Engineering College Magazine association at the organization's convention being held • t Marquette university. Daily Newspaper Is Primarily A Commercial Institution (Editor's ffote: is the first of a series of short daily articles on the general subject "The Newspaper and lt« Place In the Community," which has been prepared for the readers of the Ames Tribune-Times. It is believer these articles will be of general interest to all readers of this newspaper). "The Newspaper as a Business Institution" is the title of the opening article of this series. The common ground of business seemed to be tne logical point from which to lead the reader into the newspaper world and Its daily problems of gathering and report- Ing current activities of the local community, tho state, nation and finally tho wholo world, and ot furnishing a dependable advertising medium for the merchandising industry. The daily newspaper is a business institution dealing with evejr day business problems just as the merchant, the manufacturer, the banker deals with them, observing ; the same code of business ethics, 'the same standari, of business practice, and meeting others in the business world on comroou ground in the matter of handling business affairs. , Money Making Business The newspaper is a business organized to make money, just as any other busluess. Its investors require a reasonable return from their investments; nnd often, as Jn the case of the Tribune-Times, tho investors and owners, are actively associated with tho enter- .(Coutlnuod on Pago Three) Ford Strike to Get Attention of Labor Board WASHINGTON, OLE)—The national Labor board Wednesday moved openly into labor disputes between the Ford Motor company and strikers at its eastern factories. The extent to which Ford, who held aloof from the NRA automobile code, would recognizi the board's authority to act in the disputes was uncertain. Neither was there any immediate indication as to whether the boar* was prepared ; to assume formal jurisdiction over the strikes and attempt to enforce any decisions it might make. Chairman Wagner of the labor board announced that the manager Of the Ford assembly plant at Edgewater, N. J., would meet Wednesday with representatives of the strikers &l a. Newark, N. J., conference arranged Jby the board. Gordon Wagenet of New York was scheduled to attend as a board representative. The boa*1 announced it was arranging a similar :neet:n£ at Chester, Pa., where Ford work ers also have bee* 1 on strike. Wagner announced "I have re- veived assurance by telegram from the Ford compaLy in Dearborn, Mich.,"that the company is prepared to meet authorized representatives of their employes. From the board's point of view, strikers must be regarded as employes in any negotiations. In Dearboru an official Ford spokesmen denied that the company had telegraphed Wagner that it was willing to meet with the strikers under labor board auspices. "If Senator Wagner will publish the telegram he received early in the week," the spokesmen said, "it will show a totally different state of facts. Senator Wagner has full liberty to show the telegram." Wagner could »>o; be reached at once to clarify the siiuailon. The board meantime planned to hold hearings on a four-week strike of tool and die rankers in automobile factories at Detroit, Flint and Pontiac, Mich. Among those called to the hearing were Alvln McCauley president of the antotiioblle chamber of commerce, William S. Knudson president of the Chevrolet company and executive vice-president ot General Motors; ami strike Icadc-'s. Recovery Almiaistrator Johnson his aides meantime kept a (Continued on Peg* Two) ELIGIBLE FOR NEW GOVERNMENT HELP Long Term Reduction Plan Announced by Wallace WASHINGTON (HE)—The agricultural adjustmert administra^ tion embarked Wednesday on its long term plan to balance corn and hog production with effective demand, the most extensive pro? gram it has yet undertaken. About 2,000,000 farmers ar« eligible for benefits. The program will cost $350,* 000,000, to be raised by processing, taxes. It is intended to relieve financial stress on the corn belt, eradicate surpluses thus bolstering prices, prevent future overproduction and provide relief supplies foi- the destitute. This program foliowg an emergency hog purchasing program recently carried thru at a cost of $35,000,000. Under the iew pro^ gram, 20 per cent of the corn acreage 'is to be taken out of production in 1933 and the hog crop is to be reduced by 25 per cent This would take 20,000,000 acres from corn production and reduce hog production 10,000,000 to 15,000,000 head. 30 Cents Per Bushel Corn growers who reduce their crops will be paid 30 cents a bushel rent on an cverage yield of the acr age taken out of production. Hog raisers who cooperate will be paid $5 a head in installments over a two year period on 75 per cent of their average production. The processing tax on hogs starts Nov. 5 with a levy 'of 50 cents on 100 pounds of live animal. This would be scaled up to a maximum of $2 a hundred pounds by Feb. 1, 1934 Secretary of Agriculture Wallace expects the corn tax "to be "a bit more" than 30 cents' a busheL Over $40,000,000 will be spent for the account of the federal etnargteftcy-relief commission t<v buy 400;flOO,00 pounds of porl? for distribution to the needy. Tie agricultural adjustment administration is planning, however, to match reltef funds dollar for dollar, and possibly will bring total purchases of live hogs and cured pork products to be used in relief to as much as $90,000,000. Such purchases' will be ^Undertaken when and if necessary to remove them from the channels of trade. The relief commission also contemplates taking over large quantities of wheat and butter for the needy, Will End Distress George N. Peek, administrator of the AAA, said the corn-hog program was the-administration's attempt to reduce distress which has afflicted the farmers, for the last 12 years. It is-estimated 2,000,0-00 farmers would benefit, (Coniinued on Page Two.K Herring Debates Moratorium On Dec. Tax Sales DBS MOINES O) — GoV. L. Herring" Wednesday was considering the possibility of declaring a'' moratorium on December tax sales thruout Iowa. He stated that .he had asked Atty. Gen. Ed L- O'Conner for .an opinion on the constitutionality of such action. '• " " . Altho the state law rules against such a procedure, the governor said that he believed sales in each of the 99 counties could legally be postponed by declaration of emergency conditions. By elimination of the December tax sale, property holders would be greatly relived and the heavy cost of administration of the sales in each cotnty would be eliminated. Atty. Gen. O'Conner stated that he was unprepared to issue a statement on the governor's request until the law had been carefully reviewed and a construction placed on it . • r •* AUNTLINDY SAYS- There are quite a good many reasons why abody is "broke" 10 often but the principal one is that they run out of money.

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