The Daily Advertiser from Lafayette, Louisiana • 1

i 9 i BEER BILE Announcement that ha euU introduce and prerg for action ot thit session of Congress the bill to legal-Jze and tax 3.2 per cent beer which ded In the last Senate was male today by Congressman Cullen of Jvew York. THE WEATHER Mostly cloudy, probably showers tonight and Friday; colder In northwest Louisiana tonight and In west and north Friday. Moderate to fresh southerly winds on tho coast. Volume XIX, No. 272 LAFAYETTE, THURSDAY, MARCH SINGLE COPY 3 CENTS .9 SERVICE ated press CONSOLIDATED LAFAYETTE GAZETTE JULY 1ST, 1921 9, 1933 FUL or 7 4c 4c ROOSEVELT SUMMITS FINANCE NEW PRESIDENTS FIGHTING FACE IMMEDIATE OPENING OF FINANCIAL INSTITUTIONS PROPOSED BY PRESIDENT TO ENACT ROOSEVELT PROGRAM BY TONIGHT IS PURPOSE OF CONGRESS Wants Sound Banks To Resume Business At Once, Others As Soon As Possible CURRENCY EXPANSION AiM LAlbST NEWS WASHINGTON, March 9.

(A) Representative Cullen of New York, assistant Democratic leader, announced today he would Introduce at once and press for action the bill to legalize and tax 3.3 per cent beer which died In the Senate last session. MUNICH, Germany, March 9 UP) Premier Held and his colleagues In the Bavarian government resigned this evening immediately after General Franz von. Epp had assumed office as federal commissioner for the state. WASHINGTON, March 9. UP) The weather bureau today issued the following storm warning: Advisory: Northwest storm warnings ordered Delaware Breakwater to Boston nine a.

and small craft warnings north of Boston to Eastport 'and south of Delaware Breakwater to Hatteras. Disturbance ot great Intensity moving eastward over New England and Quebec. MIAMI, March 9. UP) James Walker, who resigned as mayor of New Vork City while Governor Roosevelt was considering findings of the Seabury Investigation committee, was sued for divorce here today by his wife, Mrs. Janet Allen Walker, who alleges desertion 3 4i 4: Measure At White House Within Few Hours Aim Of Senate, House Sponsors SEEK REOPENING FRIDAY Steps Taken To Speed Measure After Formal Organization Vork Is Completed WASHINGTON, March 9 UP) The House Representative at 4:03 p.

nu patted the Roosevelt Emergency Backing Bill and senf It to the Senate. WASHINGTON. March 3 senate recessed at 2.20 p. 4:30 m. to permit it committee to conclude work on emergency banking program.

iff) The in. until Banking the WASHINGTON. March 9 vV Tb administration drastic banking revision bill wets Introduced In the senate at p. m. today by Senator Fletcher tD.

new chairman of the Banking committee WASHINGTON. March 9 UP) Senator Key Pittman cf Nevada, today was elected pr-sidect pro tempore of the senate. WASHINGTON, March 9. UP) President Roosevelts emergency bank bill was submitted to Ccr.gress today carrying out his program for controlled expansion ol i he currency and resumption of normal banking under his regulation. The bill would ratify the executive orders issued by the president and continue his authority over the banking situation: provide for concentration of the nation's gold supply In the Federal Reserve banks; penalize hoarding; and provide for controlled expansion of tbe currency.

The bill was introduced by fceuator Glass (D. Va.) Senator Robinson of Arkansas, the Democratic leader, said he was convinced the bill was sound and that If "passed today will assure the opening of many banks both national and state on tomorrow that are now closed. Senate leaders planned to submit tbe measure Immediately to committee after organization of the Senate with a view to reporting It back within an hour or two and passing It In time for House action today "The bill, Robinson said, the orders and proclamations 'ratifies issued by the president and secretary of the treasury, penalizes hoarding, requires member bank to pay to the Federal Reserve Bank gold bullion or gold certificates owned by such member banks and to receive therefore coin or currency, and attaches heavy penalties for non-compliance. "Among other provisions tLe measure autborlzes reorganizations under careful safeguards, and for a period of segregation of new deposits in banks of a certain class, the new deposits so segregated to be subject to withdrawals (Turn to page 2, Col. 2) JILTED, ASKS $100,000 BALM Rescue Many From Peril On Drifting Ice More Than Score Of Fishermen Saved Two Blown For 50 Miles Across Bay ASHLAND, March 9.

UP) Rea cued from drifting Ice floes headed Grim determination was written in every line of his face as President Madeline Roosevelt turned from inaugural ceremonies to deal boldly with one of herf umPd the m08t daggering problems that ever confronted an American presi- daiiv imL 1 dent the country's financial paralysis. In this photo, taken as Roosevelt daily lives, unmindful of their To Request Of Congress At Early Moment Other Immediate Urgency Measures WASHINGTON, March 9. (President Roosevelt In his message to Congress today proposed Immediate opening of all sound banks and provisions for currency expansion during the banking reorganization, "I can not too strongly urge upon the Congress the clear necessity for Immediate action, he declared. He will request of Congress at an early moment two other measures which he regards ol Immediate urgency, It was understood In Capitol quarters that these would refer to granting him power to cut Federal expenses drastically, Including those for veterans, and also for getting to work on a huge public building program to provide em- "Ip is my belief, the president told Congress in a message of 500 words, that- this legislation (banking legislation) will not only lift immediately all unwarranted doubts and suspicions in regards to banks which are 100 per cent sound but will also mark the beginning of a new relationship between the banks and the people of this country. The- text follows: 1 "To the Senate and House of Representatives: On March 3 banking operations In the United States ceased.

To review at this, time the causes of this failure of our banking system is unnecessary. Suffice it to say that the government baa been compelled to step in for the protection of depositors and the business of the nation. Our first task Is to reopen all sound banks. This is an essential preliminary to subsequent legislation directed against speculation With the funds of depositors and other violations of position of trust. In order that the first objective the opening cf banks for the resumption of business may be accomplished, I ask of the Congress the Immediate enactment of legislation giving to the executive branch of the government control ovei banks for the protection of depositors: authority forthwith to open such bonk as have already been ascertained to oe la ocui-d condition and other such banks ns rapidly as possible; and authority to reorganize and reopen such banks as may oe found to require reorganization to put them ou a sound basis.

"I ask smendmenta to the Federal Reserve Act to. provide for such additional currency, adequately secured, It may become necessary to Issue to meat all demands for currency and at the same time to achieve this end without Increasing the unsecured indebtedness of the government of the United States. can not too strongly urge upon the Congress to clear necessity for Immediate act.oa. A continuation of the strangulation of banking facilities Is unthinkable. The passage of the proposed legislation will end this condition arid I tract within a Jhort space of time wiil result in a resumption of business activities.

In e-daition, it In my belief that thli bent to the task of setting the nations life-blood in circulation, the resolute set of his Jaw matches the boldness of his words and action. NEW ORLEANS. March 9 tP) Louisiana citizens, eking out lean purses by exercising credit and signing checks, looked hopefully to Washington today for plan of action during the bank holidays. State ifflclals. likewise, deferred action until the Congress, called In extraordinary session at noon, acts on President Roosevelts plan for Immediate relief.

The New Oi leans Clearing House As- Conferences Between JSf "Si French Fear Germany Has Plans To Arm Action Against Gold Hoarders Is Being Taken Instructions Are Given For Collecting Of Names From Federal Reserve Members WASHINGTON, Marcn 9 (VP) As tbi first of steps that have been completed against gold hoarders. Federal Reserve banks today were under instructions to collect from member banks the names of all individuals who have withdrawn gold since February and still held It on March 13. There was a hint that after these names have been forwarded to Washington action elmed at the gold hoarders might be taken but the form of this action was net dlsclos-ed. In some quarters, publicity was mentioned as the step that might follow. From persona close to the administration, too, there has come word that proposals were in the making for imposing a tax upon hoarded gold and provisions for searching safety deposit boxes for the metal.

The president emphasized In his bank holiday proclamation the necessity for conserving the nations gold stocks. At the same time he placed an embargo on gold exports. Since the bank holiday started. Reserve banks have been instructed to pay out no gold or gold certificates. REPORT DAMES IS TO HEAD NEW FEDERAL GROUP Former Navy Secretary Said Slated For Chairmanship Of Consolidated Agency Washington, March 8.

(Josephus Daniels, of North Carolina, secretary of the navy during the Wilson administration, was understood In informed circles today to be slated for chairmanship of a- new government group to include the Interstate Commerce Commission, the Shipping Board and the Aeronautics Branch of the Commerce Department. Such a consolidation would bring together the major transportation agencies of the Federal government. It has been indicated for some time that something of the sort was contemplated by President Roosevelt. Daniels, publisher of the Raleigh News and Observer was Secretary of the Navy while Franklin D. Roosevelt was assistant secretary.

They have been intimately associated ever since. Although efforts are being pushed to complete a governmental reorganization plan as soon as possible for presentation to Congress, there is little expectation that the complete program will be cent up until the special session to be called In two or three weeks. Meanwhile, another North Carolinian, C. Leroy Shuplng, of Greensboro, was endorsed toctay for commissioner of Internal Revenue by the states delegation tho House ol Representatives. The representatives, headed by Pou and Hancock, called on Postmaster General Farley, patronage dispenser, to urge Shaping's appointment.

He is a lawyer and managed the Roosevelt pre-convention campaign In North Carolina. Recently ho ha3 been active In raising money to pay off the Democratic deficit. GOVERNOR K. ALIEN IS ILL BATON ROUGE, March 9 UP) Governor O. K.

Allen was 111 today with what was announced as Influenza developed following a cold contracted. several days ago while on his way home to Louisiana from the presidential Inauguration. The governor was feeling badly from tbe cold on his return to Baton Rouge, but endeavored to' attend to matters requiring his attention at the capitol. He was compelled today however to keep to his bed at the executive mansion. His condition was reported not BANK BRIEFS GOLD HOARDERS WASHINGTON, March 9.

iF) Names of gold hoarders for the last two years may be compiled by Federal Reserve officials tinder an extension ot instructions sent Federal Reserve Banks today GOLD FLOWING IN NEW YORK, March 9. UP) Since the first of the week approximately in gold and gold certificates has flowed back to the Federal Reserve Bank of New York from member banks and individual hoarders. -MINN. PLANS TOLD ST. PAUL, March 9.

UPi Minnesota, banks generally would begin operating I with clearing house certificates tomor- row Gcv. Floyd B. Olson said. These with- state charters planned to use cashiers checks in amounts ud to $20 effective'-today, he said. CHECK BEING MADE DALLAS, March 8.

-T Acting on new instructions received from the Secretary of the Treasury, officials of the Eleventh District Reserve Bank today- were checking up ou gold withdrawals and other matters. DEFER LA. BANK ACTION PENDING FEDERAL MOVE Citizens Of State Look Hope fuHyTo Washington For Financial Relief Plan continued to make change nd to Initial Federal warrants st Miat I holders could cash them at the -eral Reserve branch bank here. The Clearing House Association said It still had under consideration the is- 1 suance of certified checks or certificates of deposit. Meanwhile, efforts went for- Involving Have Been Reported WASHINGTON.

March 9. UP) The State Department disclosed today that protests have been made to the German government through Ambassador Back-ett against reported indignities and violence Involving American citizens. In reply the German government expressed Its keen regTet and gave assurances that every measure would be taken to prevent similar occurrences. The cases were understood to have arisen from disorders In connection with the recent election In which the National Socialist or Nazi party, headed by Adolf Hitler, was given commanding power. Four Incidents were reported Involving American citizens.

The individuals named were Henry H. Saltier, Edwin F. Dakin. Nathaniel S. Wollf and Max Schussler.

Their places of origin or residence in the United States were not given In the dispatch from the Eerlin Embassy and were not Immediately available at the State Department. Two distinct protests were made ana alter the second the German foreign office said the matter had been calleJ to the personal attention of the Chancellor and each member of hi cabinet. Of FnnlanH Anri Franco Am Ul uliyiallU MIIU ridllLw MIc PARIS, March 9 UP) French fears that Germany may announce It in tends to rearm were thought likely to escape. Two of them, George La Rocque and Ollle Sandstrom, were blown for 50 miles across the bay on a large block of Ice In a blinding snow storm late yesterday. They were 6aved and landed at Little Girl Point, Mich.

Three dogs, stranded on the huge ice floe with La Rocque and Sandstrom, perished when they slipped through large cracks opened by the pounding waves. A light dog sled and fishing equipment also were missing when the two men were sighted off Little Girl Point and taken to shore In waiting boats. At the time they were rescued, the Coast Guard cutter Crawford of Two Harbors, was cruising cautiously through the Ice field 1b the bay Search of them. Smaller boats used by Eddie Madosb, John Bennett and others In taking the larger group ashore, were forced to abandon the search because of tbe strong wind and treacherous Ice fields. MOE DAYS 6 PAY INCOME TAX i i i Louisiana Gun Duel Leads To Death Of Man Steve Barber, Said The Best Marksman In Franklin Parish, Is Fatally Shot WINNSBORO.

March 9 UP) Authorities today disclosed an investigation into a pistol duel In which Steve Barber, 59, known as the best marksman in Franklin parish, was fatally shot. The sheriffs office reported that H. B. Barfileld, 50, his alleged adversary, surrendered after the shooting and that Barber died three hours later. Both men were farmers and the duel was believed to have been precipitated by a dispute over their farms boundary lines following an extended period of enmity.

Although there were no witnesses officers said they learned from statements secured from the two men that they met and shot It out late yesterday after taking up stands 45 feet apart along a fence row. Each accused the other of firing first. Depultles said they found three empty shells In Barfields pistol and four empty ones In Barbers. Barber was well known In the vicinity as a hunting guide. Funeral services were held for him today.

OIL MAN LEAVES FUND FOR NEEDY STUDENTS AID be one of the principal topics of the ward to secure the authoritative release talks here today and tomorow between from Louisiana banks of funds of the Premier MacDonald and Foreign Hec-1 state unemployment relief committee, retary Sir John Simon of England Merchant organizations Issued a and Premier Daladier of France. urging thfe public to pur- The French seek to forestall such chase through credit or with checks, a possibility by a big power pro- and declared that the "time fer alarm nouncement against Germany. i3 over The British statesmen are meeting I Premier Daladier fer the first time since the formation of the new French government. They will spend tonight in Paris and leave tomorrow for Geneva for disarmament conference discussions. It was understood here the British leaders are seeking a five power conference In Geneva to wind up the disarmament situation.

A strong Joint effort to obtain some practical results at Geneva are expected to result from their conversations with M. Daladier. Other International problems are likely to be discussed but the disarmament question PROTESTS MADE TO GERMANY BY UNITED STATES Indignities And Violence American Citizens (Turn to page 2. CcL 3) ROGERS r5QYS: Beverly Hills. March 8.

Its surprising how little money wc can get along on. Let the banks never open; let scrip never come. Just everybody keep on triistirg everybody else. Why Its such a novelty to find that somebody will trunt you, that its changed all our whole feeling toward human nature. Why, never was our country so united; never was a country so tickled with their For three years wo havo had nothing but "America la fundamentally sotmd.

It should, have been "America Is fundamentally cuckoo. The worse off we get the louder we laugh, which is a great thing. And every American international banker ought to have printed on his office door, Alive today by the grace of a nation that has a sense of humor." Yours, A 7 HURT AS AUTO HIT BY TRAIN CORSICANA, March 9 UPh-A woman was hurt badly and six other persons suffered less serious Injuries when a Burlington-Rock Island motor train hit a coupe in which they were riding here yesterday. All were residents of Powell. Beside being cut and bruised, there was a possibility that Mrs.

Fltz Kenner received Internal Injuries. The others were Mrs. Tcm Kenner. Miss Thyra Kenner. Tommie Kenner.

Hugh A len Kenner, Jerry Wolnder and Joh.i wolnder. Killed By Golf Ball ABILENE, March 9 iiP) Funeral services were held today for Cecil H. Folllard, 33. who died arter being struck on the head with a golf ball driven from a tee by a friend. BUFFALO.

N. March 9. UP) Ellis I Mllto Treat, wealthy oil and gas opera-. tor who died here recently, created in Babies cost money but they wjh a foundation to aid ou. on federal income tax! Four bnn-jrjeedy ,110 students.

However because dred doljars deduction from taxable j0j deprecation of his estate. Attorney 'Income is allowed for each child un-, Carlton E. Ladd, said, the bequests der 18, or other dependent who re-wouid be materially reduced, ceivos his or her. "chief support! one three codicils struck out orlg-frorn the taxpayer. under lnal bequests of $50,000 each to Buies the new law, dependency must be creek Academy.

Buies Creek, N. and prorated by months; thus, the parent; to Mars College, Mars Hill, N. C. of a baby born in June can claim! The second codicil directed that the deduction for only half the year, orjproposd foundation for students be $200. The Jaw does not require that made contingent upon the condition of dependents live In the taxpayers the estate at his death, the foundation home, but insists that the latter most to receive only the surplus, II any, af-actually be their chief means of; ter all but residuary obligations had been paid.

IV- NT 9 f. I f' 4 -c 1 "-7 alt Ills heart was Injured to the ex'eni of 00.009 when Mis. Christie Rose illiams, rich widow, proposed marriage and then Jilted 1 im. That's the complaint of Ccoigo Krietlcii, above, a dar.in inm ruclor. In a breach of proRii-0 tuit against Mrs.

tVilUanj in Lao Angeles. V- v-1 1 A "I.