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The Chattanooga News from Chattanooga, Tennessee • 4

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Chattanooga, Tennessee
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4
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4 4 SIMMER I Give Values a Chance THE CHATTANOOGA NEWS An Independent Newspaper -TIE CHATTANOOGA NEWS ClIA'UTANOOGA TENN THURSDAY MARCH' 111 1933 Einstein and Kepler I THE BABES THAT WERE LOST IN THE WOODS CALTBE of antliewinh perse- IN THE cutions Albert Einstein bas bs- 1 volunts7 exile from Ger WORLD OF 6 be declared in New York yea BOOKS finch movements ail th it int 6a BECAUSE of antliewlah persecutions Albert Einstein bas volunta7 exile from be declared in New York yea Such movements as 'die Hite I ti 3Detsrad at tics as ascend Class Matter a a Mc The News Building 1171111 Etat Tenth Street Telephone Privet Branch -7121 The Chinese Situation Is Reviewed From a New Angle Some Sidelights on the American Attitude THE administration of any la or system is what determines its effectiveness not merely ills wording of that law Furthermore a law can be administered accord Int to theapirit an well as to th4 letter of Its contents The Emergency Banking Act us der which banks of this country are now operating can be administered In ono of two radically different method It can be adminisptered by valuation of bank assets strictly on their present convertible value into money or by the second method it can regard bank assets not by their depressed values but by at least a reasonable fraction of their real values RSV he re mre ed nt by DO to It jr a Member of the Associated Press which is exclusively entitled to US for publication all news dispatches credited to it or not otherwise cred lied to this paper and also local news published herein night or publication of special dispatches herein reserved CHINA'S FOREIGN 19174931 Robert Pollard (Mao millan) 350 Member of the Audit Bureau of Circulation National Advertiming Representatives: The Branham Co AN ANGLO-SAXON China Fascipt China a French a Japanese are not mere idle phrases but living tenets in the politico-industrial thinking of the Powers To what avail it may be asked are peace conferences covenants disarmament fiascoes egregious parleying when at the very bottom of all their efforts to Mal a sound agreement is a coprophilaUs depravity and an international murder of ethical principles? i r'4 --t 3 fr-- i- 4' 1- -1 'f- ''147''''' 4 1 1 -4 i' 1 ')1 1' 1 I': ') l) 9 (-1 '1 i '''-'A il'' el3 1 1 1 1 i i k-- '''i 1 I -1'1t i A i 1 I 1 3- i i 7- i I i ep it It 4 4 i 'i' 1 '4 4- -') 4 i e4 -t'il I -t i 7 1 'L r-l' 1 I to 1i 11 1 A 'ff' I i A 0- -P 1- -elfe 'X 1 iti ''40 1 Are 'J -4 0 0 5 1 i 1----- Lt 1 Qb -ro' 1 tv -t511 (1-- 1---4-' 1- iiiithst 4 7 yr tir41'1" 1111 1:77 i 'r '41F (4q4'00 e- -K l'W- N-- )01)11 lb ve 1 t- oef11to61 71- 4V- 't -PA-- 44ot4'Ige-i it" 4 1 1 g' 4' 1A11 (Cid "401141 4t4 '-4 4411 ip44' '14-4 1--eu i 41- AA- 4- no be-cornea Germany terday ler ascendancy in Gerraarry do not recognize genius or an aristocracy of braine Einstein has but met the same stupid Iii treatment which Kepler his great predecessor knew in Northern Europe Kepler the great German died in poverty 300 years ago though be bad paved the way for Newton's law of gravitation It is said that Kepler was the ilret mortal man to think again the thoughts of God at creation With divine madness he translated the muaic of the spheres His dry geometric formula that times of any two planets are to each other exactly as the cubes of the square roots of their median dietances" proved that the solar system really is a system that there may have been divine planning Persecuted by the ignorant as Einstein is persecuted Kepler shouted to his enemies: Nothing holds me I will indulge my sacred fury I will triumph over mankind by the honest confession that I have stolen the golden vases of the Egyptians to build up a tabernacle for my God far away from the confines of Egypt If you forgive me I rejoice It 1 you are angry I can bear it The die is cast The book is written to be read either now or by posterity I care not which It may well wait a cen- tury as God has waited 6000 years for an obeerver Attacked as a heretic Kepler with a great mind delightfully rationalized religion and science He saw Genesis through new eye: IRestaurant Habit First Nighters Punctured Vanity (Copyright 1933 Mc Naught Syndicate Inc) New York March is a modest restaurant near IVdor City especially enjoyable becauxe of its palatable home-cooked food One enters through an oak gate from which hangs a brass lantern All somehow remindful of a shepherd 's cottage along a sweep of English' countryside From the ceiling bang wickerwork cages imprisoning canaries The wall paper is of counttilled blue flowers and at the far end Ls an open hearth i 4 I of roaring logs if 1 1 The subdued 1 Splendor is height ened by light on 1 1' 114t dark timber the 1 i gleam Of brads and I 1 't 1 pals shine of pew- 1 co ter i But the real a cheer is In the 9 i commuting ellen- tele Thera ars those who have I not quite made the grade Respectable but a bit de tested they do not whine Ladles discuss gardens Gangly sons and buxom daughters suggesting the gooseberry patch sit stiffly Laughing Is politely restrained The women smoke but without the knack of experience Husbands are allowed)to light their pipes Sometimes they go on to balcony seats at the play but mostly they catch the 1:43 All have a graciousneas toward those who serve that Is seldom seen in uppity 1 cafes a tUL weep of English bang wickerwork canaries The wall tilled blue flowers A it i 14 6 Commendable THE State Senate Iwo struck out the House amendment to the general appropriations bill which would reduce the salary of the president of the University of Tennessee to $3000 and salariee of his fac ultyto much smaller sums This amendment waa introducted In the House by Representative Walter Haynee whose opposition to the McAllater Administration is well known and who has conducted an obstructionist campaign WI commend the Senate for its action Common sense mug be used In judging these affairs NEWS BEHIND THE NEWS--I THE NATIONAL WHIRLIGIG KeRNEVCOOB' by Rome Semi kt 924604f tirries 4W-14 I 1111 KeRNEVCOOD 11Rome Semikt co 00Rtsti up ro it crriet ---s Tris 111 444 le 4 tl Will Expose All WE HAVE just learned that Colonel Lea acooped the world nn the story of his arrest He phoned the news to the Nashville Tennessean which was on the street first although we doubt if the Ten neasean played it up in big head line ouch al "Convicted Bank Wrecker Nabbed" or "Lea Jailed While Thronge Cheer" However the Colonel gave Ihie paper now in receivership the news break (Continued from Pads I) -6740j kl 4 tos co One wonders if the restaurant habit is not an Inheritance from aborigines In the jungle A desire to eat together Is older than civilisation After all It is not a pretty sight to see a beautiful lady across from you lift a drippy bit of beefsteak to her lovely lips It has the shudder of an ancient orgy from which civilisation might be expected to fly with loathing In the spotlight as administration policies deevlop Roosevelt's oeventy-two-word beer message to Dongrem seemed to clinch his record for writing brief messages The President knows how to write them short" a Democrat observed enthusiastically "and you don't bay to take any time Bgtiring out what be means" Now an touching the opinions of the sainte about these natural points I annwer in one word that in theology the weight of authority but in philonophy the weight of reason ix to he considered Therefore sacred was Lactantiun who denied the Earth'm rotundity nacred was Auguntine who granted the Earth to be round but denied the Antipodes marred in the Liturgy of our moden! who admit the nmallness of the Earth but deny its motiring': but to me more sacred than nil thene le Truth which with all respect to the doctors of the church dies demonstrate from philosophy that the Enrth in both round circumhabited by Antipodes of a most contemptible imallnenn and in a word that it is ranged amongst the WMIIMMPMMM We do not mean that asset should be taken at their face value without examination or test or any- thing like that But we do mean that such cloae scrutiny of assets as to limit their value to their convertible currency value in this time of extreme unsettlement is in effect actually Pelting America short It amounts in many cues not to fair valuation of bank assets but to extreme undervaluation Of them Just how much of our present trouble has been due to this tendency to undervalue America we would not attempt to may But we do believe that real values and not Wall Street value should be taken into consideration One mection of the Emergency 1 Banking Act reedit: "Upon the deposit with the Treat urer of the United States (a) of any direct obligations of the United Staten or (h) of any notes draft bills of exchange or bankers acceptances acquired under the provisions of this act any Federal Reeerve Bank making such deposit in I the manner preecribed by the Secretary of the Treasury shall be entitled to receive from the Comptroller of the Currency circulating notes in blank duly regiatered and countersigned When such circulat log notes are Nailed against the security of obligation of the United States the amount of such circulating notes shall he equal to the face value of the direct obligations of the United States deposited an mecurity And when issued against thA security notes drafts bills of errhange end bankers' acceptances acquired under the provisions of art the amount thereof shall be equal to not more than 90 per cent of the estimated value of such voles drafts bills of exchange and bankers' acceptances so deposited as security" The currency st ringency has placed an undii value on money And it bee certainly Nerved to place an abeurdly tattle low value on everything else Bank eamete have been undervalued because they had to be sold short to get money with which hank could meet the drains upon them Why was emergency currency created if it was not intended to remedy just this situation and to give real values a thance to assert I hemselves We ell know that 1 America has a value of four hundred billions but it has no value at 1 nil unless it is a going instil ution We believe that the relieving of the currency st ringency nhould have been Intended to give these real val- lies a chance Is it being admints A tered that way or are bank assets still being valued according to the share of the all too meager old cur- rency they could command if sold on the block? Bank assets should be worth more 1' today than they were yesterday be- I close many millions of dollars of new currency have been put Into were present in most cases but few banks bad sent messengers The so-clef equilibrium was restored when word was passed out from the sanctum that the precious slips would be handed to officers only The licenses were distributed the moment the President had finished speaking There waa no alphabetical sequence but those having friendly relations with the Federal Reserve bank were relieved of their anxieties earliest The Only break the New York banks expect to get is an extension of branch banking privileges That will be so hedged with stricter supervision there will be no chance for carefree What we punish as criminal In In dividuals we laud in nation It Is thun that brigandage destructive selfishness and governmental wrath are reared into a national virtue-Do enlightened patriote need would they accept a book of proofs? Or would 400 pages of Chino's foreign relations b- dry as dust? Personally I connot conceive how such could be pomible for here within reach of the eye Is murder chicancery successful and improvident villany the struggles of saurian financiere and their vested interests here are flags: here are the tragedies of ad oppreued and all these things in a comparatively small list of treaties and their histories And why is the AM of such dynamic proportiorui? The answer: China is an exploitable market of four hundred million customers Casting a Stone America has (almost touchingly) rebuked Japan for her predatory advanoae into Manchuria and allot and again we have tho age-honored situation of the prostitute casting st stone at the fallen woman America Japan is alert to remember has not made her acquisitions according to Boyle Neither has England nor Prance nor Germany nor Italy But the powers are noticeably distressed because Japan is following their little tardtly Dr Robert 'X' Pollard author of this very timely and Moat significant Volume has done no tem than to collect and correlate more than a decade of history which bulks large in the contemporary annals of tho entire world and which today threatens to plunge contesting powers into that embarrassing but not unknown position of being pacifists enough to fight for peace Once again in the long history cf government blood is ready to be spilled In support of a dollar disguised as principle Is the integrity of the Chinese re-1 public to be respected? This la a question upon which a great part of the world's political destiny depends The sharply rising growth of nationalism in China although it may he years before the multiform sectionalisme can he brought to a united front promises a bloody resistance to the 1 vile abuses which foreign powers are now inflicting upon the honest and creditable efforts of a great people to solidify a Democratic government It 1 I a now compellingly clear that the League of Nations while severely discountenancing Japans unoMcial and undeclared war does not intend to re-teams China of foreign troops who I stand by in the interest of whom? Of missionaries? Acceptable stalking horses verily! The league has not alirmorted the issue favoing the a boMinn of foreign inland navigation 8 rights nor of foreign residential eonremit-mit and settlements In short the League of haa so far nroved to be a compound name for diverse and conflicting national units "Germs of an international con- 0 filet" Dr Pollard concludes "lurk in 0 the clash between Chinese nationalism and a system of imnerialism Inherit- ed from the nineteenth centuty eign recognition of that fnct may go far to determine whether China's unsettled problems can or will be set tied by peaceful means" CLIPTORD STEWART SITICAI learns' tho Prohibition baby on the doorstop of th' States old man Congress is sleepin easier IMMEE 1Mi Mealy melancholy dark little shops have survived when great Institutions have gone crashing overnight' They have undertounter sliding tills and smudgy children play around the door I asked the proprietor of one on Lexington avenue bow business was Be replied: "Off a little now but It will pick up We always had good times one bad This bad time is Just a little longer" And he went coughing back into the shadows Humanity like water seeks its own level The Colonel ha a further revealed to the Tennevtean that mince he ia "being railroaded to prison by North Carolina without fair trial" he will utterly expose something or other when he takes the atand next week In the habeas corptia hearing We were under the impression that far from being railroaded to prison the Colonel he been "paced" on his trip to prison by an extremely slow and weary snail And aa for fair trials we had thought that he had had a fair trial in practically every court In the land However he promimes that "men-National national angles will be developed" We find it difficult to work up a temperature about anything Colonel Lea may tell but the public wanta the thing over with When tempted to lie count fitty when tempted to teU a falsehood count twenty-flve when tempted to stretch the truth count ten Then If what you say seems exaggerated It shouldn't count against you His banking message likewise very brief conaidering ita importance was dictated In a comparatively few minutes an hour before It wu eent to Congress "And when dictates anything he makes very few changes afterwards" one of his associates remarked from congratulatory telegrams pouring In at the White House also the volume of letter President Roosevelt found his way Into the hearts of his countrymen In hie fourteen-minute radio address Sunday night The ring of sincerity In his voice seemed to be reassuring to the nation It is believed he will go direct to the people frequently by means of radio and on a scale undreamed of by any of his predecessors 'Recently called up a Gramercy park novelist and among other thinga Inquired about his family They give me a pain" he said I'm nuts about the whole outfit planets Such delightful reasoning would be lost on the Ilitierites and hence Einstein who ham profited from Kepler comes to America an exile We haven't made much progrese against Intolerance in 300 years Whenever fanaticiam holda power Intolerance blindly strike a out In fury even against the Einateins and the Kepler we haven't progressed very far in government efficiency when the President must declare an emergency in order to git authority enough to put through some common sense plans Pour outstanding figures in high ftnanoe are auspicious first Owen Young Bernard Baruch Otto Kahn and Jule Bache Morgan has rarely attended a premiere John Rockefeller Jr goes to the theater now and then but he attends matinees Mr Bache is the only monocled first nighter and Mr Kahn the sole wearer of the white satin-lined Inverness cape tto an hn ter at rer Pe SCHWAB WITHDRAWS FROM ATTACK CASE It takes some men so long to make up their minds that when they lit it made up They torgit what they were thinkin about IDAILY PRAYER I Of all chronic first-nighters It strikes me the two who enjoy performances most are Abe pink-haired Hope Hampton and her husband Jules Hrulatour They always applaud and they invariably remain until the Anal curtain et es lp- LIT Olve thanks unto the Lord call Upon His nama--Psalmi 4 it The reports you hear about exceeding withdrawale on the first day of New York's reopening are thoroughly authentic Several leading banks had to open extra windows for receiving deposits Withdrawals were about normal for a Monday Chances of further trouble are very slim If it should occur the banks have az ace in the hole They are forbidden to permit withdrawals for hoarding it is left to the Judgment of each individual bank as to what constitutes hoarding Application of the ruling has beor rare to dates but It provides an effective emergency brake It would havebeen a boost to public confidence if the statements as of the close of business on Marcn 3 which the New York banks had to submit to the autholties In 'order to get their license for reopening could have been published Ope bank showed a liquidity of 87 per cent and If capital Items are deducted of 114 per cent That bank was by no means an exception The total amount of currency requiredl and received by member banks In I Greater New York from the Federal Reserve bank on Monday morning was smaller than on an ordinary payroll day (Thursdays and Fridays) WRITE-OFFS--The best estimates here Indicate that about $8000000000 of the $42000000000 total deposits In the nation will be tied up In banks that are not permitted to reopen 4 About the only apprehension the banks have left Is that the liquidation of the assets of unopened banks might depress the value of security holdings of sound banks But treasury control over the conservators is expected to forestall any serious problems on this line Leibowitz Will Join Chamlee as Counsel for Negroes Birmingham March 18 --(U B1-- Irving Schwab Of New York hart drawn from the International Labor Defenae's (011111401 for the Negroes in the Scottsboro attack case according to Oeorge Chem lee of Chattanooga chief defense attorney Cham lee en route to Montgomery Ala today to confer with Atty-Oen Thomas Knight Jr: on a date for the trial of the Negroes hinted discension in the defense connsel had resulted from remarks Schwab made when Judge A Bawkina refuned to trim11er the Negroes trial to Birmingham schvab will he aucceeded by Samuel leiboaitz reputed high-ranking New York criminal lawyer Chamlee said President Roosevelt was roused from what he had xpected would be his first sound aleip In a week to set Federal agencies in motion for California earthquake relief Mn Roosevelt was quickly at his side Stephen Early presidential secretary paid a high tribute to her help fulnees "Mrs Roosevelt worked as a secretary would" Mr Early explained She was on one telephone and I wee on another" more cheering meemage came to the President than that of Jim Barn Lewis when he returned from Chicago "Never have I seen such change "from discouragement to encouragement from depression to complete hope' Senator Lewis went so far ea to say that within two weeks certainly not more than a month there will be a greater revival of business than in the past live years "There la a feeling that the banking bill will protect the banks" Senator Lewis said "that the economy bill will reduce the bums and that the unemployment bill will put people to work" to the beer bill may be offered by the whisky and wine people Their argument is why should beer be given preference and they be obliged to wait until after the repeal of the eighteenth amendment? A College Trend ANOTHER American college has joined the growing list of those which have decided that ft broad cul tura! education is more Important than curricular content Washington Square College of New York University has dropped Latin or Creek as a requirement for the Bachelor of Arts degree and ham subst it uted he requirement hat candidates for degree must elect two of three subjects clasmical Ian gunge embracing the two ancient languages mathematics and science In explaining the action Dean Rufus Smith said: The dietinguishing character istic of the A degree is no longer one specific subject requirement but rather its cultural and liheral arts content The Washington Square College in accepting this fact aligns itself with the leading institutions of the East It is good to note this liberal trend in American education It recognized that the college product In more important than the method and that a general appreciation of world culture is more important than the gerunds of a demi Ian guage ColLege graduates mtiat take their place as citizens some day It In just a well that they should receive some mental equipment for their role no It et id tit tn ke re- or Dear Heavenly Father as we gather at Thy feet today as a family we ask Thy blessing on our home and Illy guidance to each one during the hours of this day Help us to realize Thy reality and be coruscious of the fact that Thou are not a God afar Great King of Heaven the Mighty Judge of all the earth enthroned in innnit space above us but that we can claim Thee as our Savior and our Friend Help us throughout this day to realize that Thou canat be nearer to each one of us than the nearest and dearest of friends Let us bear Thy voice today Let Us feel the Inspiration of Thy presence and with willing feet enable us to walk In the path on which Thy light and blessing can fall Give us this day some work te do for others some kindly word to speak tome helpful unselfish deed In fulfill in Thy Name Be with us each and every hour of this day and may we so live that Thy will may be done and Thy Kingdom come within our hearts Amen MRS MAUD BALLINGTON BOOTH New York city march 15 High Court Takes Cannon Case Under Advisement Thingumabobs: George Ruston the singer Is the son Of a famous blind evangelist Ma Skelly once atudled for the priesthood a AI-Ilan Mason editor and six brothers were graduated from Yale Alexander Woollcott and Jed Barris have not spoken for four years Constance Bennett's count rides I bike In Beverly a Romney Brent London stage idol of the moment was to quit the stage this season George Jean Nathan will not revisit a home that has a cat or dog Gordon Sinclair is off to the South Seas to eat "long pig with the cannibal chiefs a Frank Mason speaks four languages and is learning the fifth Newton Baker can dictate and srtswer two phones at the same time Zveryone Is flattered by Immediate admittance to prominents Today in a theatrical office I ran such a gauntlet like a shot But the vanity got a quick puncture Looking at me the gentleman exclaimed! But you ars not Will Rogers!" In extracting a card I took one of Will's he had given me with an address on it And I offed-toBuffalo right out in the nice fresh air again nd Ice tit Ice lt '05 a th ng er at te In I he ot I II tr Editors Stewart whose book reviews have hoen popular in thia column la a Chattanoogen formerly inatructor in French et the University of Missouri Mr Stewert will leave next week for Detroit where he will comrdele i blographY of Coleridge unon which he hss been working for the nsat year In addition to the blogranhical facts of Colericitre's life Mr Stewart will Include In hie book an extentlive study of Coleridge' metaphors It la possible that he will go later to Washington as he may attempt to have the Library of Congress borrow for his study the Coleridge notebook from the British museum This notebook has never been printed Mr Stewart undertook hia work Upon Coleridge chiefly becautte that poet's personality rich and unusual has been neglected by biographers throughout the decades Washington March Ia- (II P)-- The SuPcoome court took oinder advisement th mute itiehop inmen (111111011 Jr reform leader of the Methoditt church south which grew nut of his failure to report contributions to his I2 political activiteo Cannon and his secretary Mimi Ada Rur rnuhi wre Indieted in the District of eolomboa Supreme court on charges of win lating the Federel eorrupt practices act hi fading to report moo contributed by Jamieson New York capitalist to the ram reign against the election of Alfred Smith 'thy dintriet court dismissed the Indictment no invalid The government atinettird to the District Court of Anne' Is but the hishop'm lawyers contended the 'Poeta should have been taken to the Supreme court directly If the court finds that they are right In thi Contention the ease against the bishop and his secretary will automatically collapse circulation since yesterday They will he worth more tomorrow than today for the name reanon The Federal Reserve System has the administration of this emergency banking legislation in its hands At what figure does the Re- serve System value this country? Upon the answer to that question depends largely we sincerely be- lieve the success or failure of the emergency banking legislation It can either bring us out of the crisis or it can by holding to hard and- fast rules which have prevailed dia- ing the past two years in valuing bank assets in terms of a depleted impoverished currency plunge us further into despair NVe must reappraise the value of America Roo long has the Wall us Street financial valuation been taken 8 i I 1 1 1 1 I I I i 1 1 Iti '1 i i 1 i 'i A 0 i 1 Sense and Nonsense ay CAREY WILLIAMS Floyd Militia District Boundaries Are Changed Quality neWS dispatches tell 0 UR th Six Schools in Warren Will Close on Friday McMinville March Six elementary schools In Warren county wM clone Friday These schools are ones who did not take advantage Of the holiday season lut December Schools included are Fairview Trousdale Smartt' Station Green MB Cumberland and Spring Creek On the following Friday March 24 nineteen other county elementary schools will end the school period They are Brooksi le Pike Hill Bybee's Branch Union Blue Springs Irving college Vervilla Cherry Springs Oak GroveCroas Roads Ivy Bluff Hickory Grove Mountain View Central High Rierside Dirgo Wayside Highland and Dibrell The high schools of the county will be open for some six weeks due to holidays and also for the 10811 of time on account of closing up schools due to contagious diseases being prevelant in various sections of the county I here anticipate resumption of the Senate investigation within two or three weeks This will be done on Senate Initiative President will probably neither ask for it nor block it one possible' be left alone The target will be some of the biggest figura in the financial world and a new angle of attack will be tried on the stock exchange This bomb doesn't look like a dud TAX enactment of subatantial economy measures is intended to head off a large-stale tax strike ll'vidence has accumulated that sentiment for this sort of protest blur grown in many sections of the country It might SWIMS annoying proportions' There a definite belief in high places that drastic cuts In the cost of gov-' ernment will squelch the movement once and for all a I spite of last week's gold rush some of the biggest hoarders have not yet come scrota Acting on legal advice they have decided to get tough about of property without due process of law" Maybe some lawyers will get in bad with their clients before the government gets through Sewanee Glee Club to Take "Pinafore' on Tour Sewanee March Sewanee Glee club directed by Prof )(irons is expecting to present the Gilbert Sullivan operetta "Pinafore" the week-end following Easter It will go to Memphis Jacknon and other points 'Pinafore" wu presented by the students at lut year and proved very successful This will be the Ent prenentation In other places The -cast of principals consists of Dick Taylor Earl rheum Bill Lumpkin John Johnston Tom Thruher Tommy Henderson Bill Edmonds and Prank Dearing There is an assintant cant composed of about twenty-tiro men In the chorus SATURDAY by Sattirday night" is the war cry at the Capitol TN beer bill will be rushed through both Houses immediately following the economy bill BROADWAY7-The Benet galleries during the consideration of the economy bill looked like a Broadway picture house at a holiday performance They were packed to the doors people standing in the aisles and long queues waiting to get in NEW YORK By JAHES M'MULLIN BANKS--Congreumen and others who have been worrying for fear the solution of the banking crisis meant that the New York bankers would come out of it with a Strangle bold on the nation's Ansncial system can put their minds at rest Nothing could be further from the true prospecte In fact the New Bork bankers have never in their history been so completely on the outside looking in They hung around all day Sunday with bated breath to know who was going to be allowed to reopen A a final gesture to show who was boss the Federal Reserve withheld information On liceiume even from the biggest banks until 10:19 Sunday evening There was poetic justice in the fact that the have so often high-hatted newspaper to get their information about Washington events in the last days of the holiday from the reporters themselves Officers of the applying inatitutlnina Rome Oa March The Floyd county board of roads and revenue adopted a new map of Floyd county which eliminated one of the county'a militia districts and cut considerable territory from two others The state line duttrict was C0119011- dated with the North C11'011114 district on the new map which was drawn by Keifer Lindsey local engineer The Rome district wm made to include all that territory within the city limita This cut considerable territory from the Mount Alton district which had Included part of the Ninth ward of the City and the Glenwood district which had included part of the roUrth ward of the city The changing of these boundary linea eliminated three district Justices of the peace The Line Justice le eliminated by reason of hie district being abolished and Judge Anderson of Mount Alton district goes out as be Is a resident of the city of Rome and Judge Rittlejohn of Glenwood la also eliminated for the same reason The two justices recently re-elected will continue to hold office until the expiration of their terms AS a criterion The real value of this country is spread out over forty-eight States from coast to coast and border to border Until we consider that value and get out of our currency" complex' we cannot get anywhere Mr Rogers Caldwell la president of the Birmingham and Tennessee Basin Canal Company promoting a canal system to connect the War nor River to the Tennessee The company plans to borrow funds from the Reconstruction Finance Corporation to finance the project Holders of West Tennessee drainage bonds should be given a chance to swap their bonds for shares in the new canal Ti clever man Is the one who knows be Is not so clever A defendanti idea of a grand Jury ls the one that says "not guilty" A general Improvement In businest is noticed Purse snatchers have re sumed operations A New York restaurateur says the world would be better off without pie Yes political pie "'Racketeer Peels $10000 Prom Roll" Now that's the kind of re-peel We need Now that confidence ki being restored let's hope the confidence men will not be restored also An unbreakable milk bottle has been perfected Now the maid will not hare any fun In dropping them Savage children says an authority live a happy life Maybe that explains why the neighbor's children are always so care-free Does the younger generation really care about etiquette stake a writer Yes they are always ready to relieve an elder at the steering wheel to 'Y It 0 El 8 II that all Buford Ga knows about the depression is what it reade in out-of town papers Buford has been working on day and night shifts for four years The Bona Allen factory there does a $5000000 business each year and has never operated at less than full time dur ing the past three years To make it all the more spectacuLir and incredible Buford's sole industry manufactures horse collars We had thought horses had gone out and we didn't know that the few left wore collars' However the facts are 1s thriving The reason for the success as given by one of the factory owners Is "high quality merchandise and reasonable prices" It is good propaganda for the "quality" campaign which is being isponsored by some of Chattanooga's stores CHILD HIT BY AUTO Athens March 18--(Spectal)-11 Hicks 7-year-old son of Mr and Mrs Herbert Hicks of Nlota was brought to Pores hospital In this city suffering with painful bruises and minor lacerations received when struck by an auto-mobil driven by IL Malone member of the Niota High school faculty The boy was playing with other children It is said and ran directly in front of the automobile The accident was said by witnesses to have been unavoidable The child had no fractures and has berp removed to his home Na itr- trade pupil at the Ntote school "SEPTEMBER MORN" LOST Pints March Morn" has disappeared and Paul Chabas who painted it appealed to the world today to help him find it The notorious painting of a nude bathing was last reported In Moscow but Chabas believes it may have been returned to America "September Morn" earned $100000 in royalties for Chabas a rester return In royalties than ever accrued from any other paintins4 "Martha" the model who posed for "September Morn" la now the wife of a wealthy provincial industrialist and the motlaer of two chit-iron IP a SP Pt VII 106I VieA Deposits Heavy as Bank At Madisonville Reopens Madisonville March Bank ot Madisonville reopened for business Wednesday after the bank hol id ay The deposits were heavy and there were no applications for withdrawals stated Magill president BERRY GROWERS MEET Madisonville March i 16--( A number of Monroe county strawberry growers attended a strawberry meeting in Dayton Wodneaday re fools and blind: for whether is greater tho gold or Ms temple that sanctifieth the Paid tt hew i.

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Pages Available:
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Years Available:
1901-1939