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Deerfield Valley Times from Wilmington, Vermont • 5

Location:
Wilmington, Vermont
Issue Date:
Page:
5
Extracted Article Text (OCR)

THE DEERFIELD VALLEY TIMES Wilmington, Vermont Friday, May 5, 1933 VISIONS NEXT WAR ending speedily BRIEF BREEZES DEPRESSION FAILS TO STOP CON MEN QUEENSLAND IS HIT BY 7-YEAR DROUGHT MARLBORO F. M. Eames has a new Plymouth car. Justin Thomas was at his home here a few days this week. Road Commissioner Ervin Akley has commenced scraping the back roads.

Mr. and Mrs. Luke Dalrymple and son, Donald, were visitors in Brattle-loro Monlay. Mr. and Mrs.

Halsey are expected Eere this month to open the road stand at the Howe place. Mr. and Mrs. A. G.

Dalrymple of Pittsfield, were callers at G. L. Adams and L. G. Dalrymples Sunday.

Eddie Tyler moved his family Monday from the Howe place to a farm in Brattleboro which he has recently there. Mr. Cobb of Greenfield, has sold his place known as the Turner place, to a nurse, who plans to spend vacations purchased. BATTLE OF BANKERS ON IN WALL STREET New Man of Hour Defies Power of Morgan. New York.

It looks like the bankers battle of the century may be brewing In the Wall Street financial district. A new "man of the hour has arisen to challenge the supremacy of the great house of Morgan, long klng-pln of the country's banking system and nearby observers are predicting the greatest struggle of money titans In the history of American finance before the smoke of battle has cleared away. A fight to a finish" is the foreword. The author of the startling defl Is Winthrop W. Aldrich, chairman of the governing board of the biggest individual bank in the world, the Chase National, and a front rank captain of the Rockefeller industrial-financial dynasty, generally acknowledged as the only worthy competitors of the Morgans on this side of the Atlantic.

The challenge was couched in the form of a program designed to purge the commercial banking business of the taint of speculative leadership, aiming at the complete separation of deposit banking and investment banking even to the extent of forbidding private bankers to take deposits or to be directors of banks of deposit. Aimed at Morgan. It did not take a second glance for Wall Street to recognize, the Aldrich program which was promulgated directly in the wake of some of the most sensational exposures of the senates investigation into banking practices here as a blow aimed directly at the position of J. P. Morgan the members of which are directors of some of the largest commercial banks of the city and who hold important foreign and domestic deposits.

Three measures for curbing the power of the large private investment banking firms were proposed by Aid-rich. 1. By depriving private investment banking firms of the right to accept deposits, make it necessary for the private banks to obtain credit from the commercial banks in financing their security flotations. 2. By doing away with the security affiliates of the commercial banks, the proposed regulations would take away from the private banks outlets for the syndicating of their securities which in the past have been of such tremendous importance.

3. By removing all private bankers from their positions as directors of the commercial banks the changes would greatly reduce the prestige, Influence, and inside Information" available to the partners of investment houses at present Well Informed students of the situation say that legislation applying these Innovations to Morgan Co. and sim- liar private bankers would virtually strip them of the control they have so long wielded over the commercial banking system. .1. P.

Morgan Co. does not accept Individual deposits but specializes rather in big corporation accounts for foreign governments. At one time It is reputed to have held as much as a billion of United States Steel corporation money. Other so-called Morgan banks, like the Guaranty Trust company, Bankers' Trust company, and the First National also attract big deposits and wield tremendous power In the financial world. Obviously the Morgan crowd" will not lack ammunition for any defense It may be called upon to make of Its politics, at least none that money can command.

Backed by Rockefeller. Nor will its opponents go into the fray if one there is to be shabbily equipped. In its last annual statement, the Chase National bank reported resources totaling $1,856,290,000 as of December 31 last, with deposits to the amount of $1,466,000,000. In addition to these mighty resources of the bank itself must be reckoned the vast wealth of the Rockefellers, including their holdings in the great Standard Oil concerns. Wall Street gossip has It that the Rockefellers have been girding for eventualities, such as that envisioned in the present situation for the last two years.

They have been liquidating doubtful assets and converting the proceeds into good hard cash or government bonds. On the other hand the value of the so-called Morgan stocks, have been melting' down steadily in the long receding sweep of the share market for the last two and one-half years. Winthrop Aldrich was born in the purple In America's plutocracy. His father was the late Nelson W. Aid-rich, senator from Rhode Island from 1881 to 1911 and popularly rated as the senatorial custodian of capitalistic enterprise.

Among other kinfolk rated In the financial whos who of the time are John D. Rockefeller, a Airplanes have proved useful for sowing rice seed in California. Sirus, the Dog star. Is more than thirty times as bright as our own sun. Not all binds of mosquitoes are equally affected by pennyroyal and other repellents.

DUTCH WISDOM Great wealth, great care. Wake not a sleeping dog. Tall trees catch much wind. Sloth is the beginning of vice. A little too late, much too late.

The less said, the sooner mended. From a spark the bouse is burned. Half a word to the wise Is enough. What costs nothing Is worth nothing. All do not bite that show their teeth.

Talk of the wolf and his tail appears. From small beginnings come great things. The best cause requires a good pleader. The pot upbraids the kettle that it Is black. The worse the carpenter, the more the chips.

Dont cry herring" till they are in the net. Better reap two days too soon than one too late. It Is good speaking that Improves good silence. The lazy servant tabes eight steps to avoid one. He that wants the kernel must crack the nut.

He who would gather roses must not fear thorns. He who slanders his neighbor makes a rod for himself. One Take this Is better than two You shall haves. What lay hidden under the snow cometh to light at last. An ass does not hit himself twice against the same stone.

He tnat spares something today will have something tomorrow. More fleas are caught with a drop of honey than with a cask of vinegar. ISNT IT SO? An attempt at humor that fails is painfuL If you roast a friend, you don't love him. What life awards doesnt seems to faze the confident tnan. A lot of persons are disappointed In love, but more are disappointed In marriage.

A porch swing is more comfortabh-than a rumble seat, but it doesnt get you anywhere. Borrowing from friends Is a good way to test them, and it Is a sure way of losing them. An expert Is one who has nerve enough to charge more for his services than the other fellow. Many a woman would turn In her husband for a new model if she could get anjthing down on him. Many of those unloaded-gun fa talities could he averted if only parents would teach their children not to point.

ALONG OTHER SHORES The homeland of the peanut Is Brazil. Spanish adventurers brought the lemon to America. Russian engineers at Samarkiand are building a big plnut to be run by solar rays. The llama and the alpaca are domesticated forms of the South American guanneo. Science still does not know what sort of language the ancient Etruscans of Italy spoke.

An expedition Is planning to filin the process of fishing for pearls In the Persian gulf. A l.ondon store is considering the establishment of a roof airport on which autogyros can land. New Devices Add to Says Noted GeneraL London.The next war will take as many weeks as the last war took years and civiluation will he blotted out. That is the picture Gen. Sir Ian Haim on, a famous British military leader ami chief of the British legion, drew in a speech to the British veterans of the World war.

As. you, being soldiers, probably know he reminded them, I made first after the South African war and next after the Manchurian war-some pretty good shots about the orld ar and foreshadowed big guns, trench warfare, tanks, and the disappearance from European battlefields of shock cavalry. So now, he said, I hope to gain your credence for my forecast of the course of the next war which won't be long in coming if the disarmament conference breaks down. The war will be over in as many weeks as your war took years. The huge masses of infantry on either side will never get into contact.

The whole of the mechanized motor-driven forces of either side will meet at once under the sea, in the air, and on the land. Each will be, must be, rushing forward to seize an advanced base for their airdromes and oil depots on enemy soil That first encounter will almost certainly decide the war. The victorious tanks and airplanes will eat up the hostile infantry and artillery as half a dozen heavily armored knights of the wars of the Jacquerie could and did eat up a thousand armed, but unarmored, peasants. Then they will begin to lap up the civilian population as a cat laps up cream, and perhaps the worst of all these devils will be the civilian plane laden with chemicals. Now, you watch this disarmament conference.

If any nation, your own or any other, begins to haw and hum and make excuses to obviate inspection and control by the League of Nations for its civil aviation then we are for war. No nation is going to talk economics whilst death, for all It knows, Is hanging over it behind the curtain of the clouds. Unless this concrete act is taken by the disarmament conference before it breaks up no amount of slip-slop idealism is likely to save the world." Ghost of Anne Boleyn Seen in London Tower London. The ghost of Anne Bo-leyn, it is whispered, is walking again In the London. sentry fainted at his post a few Bulkts ago.

A comrade, patrolling a short distance from the Martin tower, suddenly heard a scream and ran toward the spot. He found the young sentry had collapsed. The guard was called out, but the sentry was incapable of resuming his post. In the face of strict questioning, he maintained that he had seen, with overwhelming horror, the shadowy figure of a headless woman approaching. He mistrusted his vision in the darkness, so he challenged the figure.

There was no reply. The rifle with its bayonet fixed fell from the sentry's hands, clattering on the paving. With a scream, he fell unconscious. Anne Boleyn, black-haired twenty-nine-vear-oid wife of Henry VIII, went gaily to her death on Tower Green, where the ravens still croak out their song of ill-omen today. She smiled up at the executioner as he raised the heavy sword over her head, and complimented him on his skill thinking, perhaps, of five lovers whom he dispatched three days before.

There have been endless stories since that day of how her restless spirit haunts the gloomy, ancient tower, and people who live in the neighborhood -firmly liislst they have seen it. So do many sentries who ha'e patrolled the tower. Their superior officers laugh but they change the sentries often. Slump Brings Out Rare Pennies, Good and Bad New York. Ienny wisdom among unemployed here, plus the help of two young men, has resulted in one of the most unusual depression sports on record.

The young men have given the game a trick monicker, numis-mania. The game began some months ago when W. T. Dudley and Francis Pirie, cashiers at one of the three penny restaurants run for unemployed and needy discovered that some of the money turned in was unusual. The cashiers started collecting these pieces until now they have more than 400, many worthless, some of nominal numismatic value, but all interesting.

1 he collectors are the most proud of two coins that are of no commercial worth. One is an imitation penny. dated 1863, and a perfect Indian head in design, save that on Its back Is the frank legend, Not One Cent. The other is an Indian head penny whose top design has been obliterated to be replaced by the etched fig-ure of a Chinese mandarin beneath whose feet are the words, So Long some one's good luck piece that the depression brought into general circulation. Fly in Pop Cost $1,000 Valparaiso.

Ind. A jury awarded Mrs. Gulah Harvey $1 ,000 damages against a bottling company because she found a bottled fly in a bottle of soda pop. She testified that her heal1' had been ruined." Land Strewn With Skeletons of Sheep and Cattle. Washington.

A seven-year drought afflicts the great central tableland of Queensland, Australia. The land is reported strewn with skeletons of sheep and cattle, and cultivation of crops Is halted. Queensland, spreading over an area more than twenty times that of the state of Maine, is a prosperous state despite a few thousand square inites of rainless region, says a bulletin from the National Geographic society. North and south its length is equal to the distance between the tip of the Michigan peninsula and the latitude of Tampa, Fla. If its eastern coast were placed on the same longitude as Washington, D.

Its western border would lie near Des Moines, Iowa. Thus its climate ranges from tropical in the north, nearest the equator, to temperate in the south. was an almost unknown country until the middle of the last century, and although it has fewer than a million inhabitants, it has grown by leaps and bounds commercially. Sugar Bowl of Australia. "The region has been called the sugar bowl of Australia for more than $30,000,000 worth of sugar Is produced annually on its vast planta tions.

It might also rightly be called the banana or pineapple state, for these fruits thrive, as well as oranges, apricots, peaches, and mangoes. Wheat fields produce millions of bushels of grain, and normally sheep and 6,000.000 head of cattle find portions of the country excellent grazing land. Droughts have often visited Queensland. One drought caused the loss of a million sheep and cattle in a single year. If the traveler takes the word of the Queenslander, there is no finer farming district in the world than Darling Downs In southern Queensland.

Here millions of acres produce fine crops without the aid of fertilizer. It is an endless panorama of healthy orchards, cattle ranches and farms. Corn, wheat and alfalfa grow abundantly. Nine crops of alfalfa have been harvested from the Downs In one year. The city of Toowoomba, with Its fine buildings and residences, reflects the prosperity of the region.

Like an American county seat on court days, it Is the congregating point for rural folk who come for amusement and to swap yarns about sheep, cattle, wheat, wool and corn, and the news of the day. Gold, -which has opened up bo many of- the worlds unknown spots, also had a part in Queenslands early development. Mount Morgan has produced more than $125,000,000 worth of the yellow metal and many other mines are producing large quantities. Gold Opened Large Area. Rockhampton, the mining capital, owes its existence to gold.

From a boom town a few decades ago, when it was called the City of Three Ss sin, sweat and sorrow it has become a bustling, well-organized town of some 20,000 inhabitants. Altogether, Queensland's mines have given up more than half a billion dollars worth of gold. Copper, lead, and tin are also important Queensland minerals that have been profitably produced. Western Queensland is an opal land. Here opals are found in diggings as shallow as six feet.

At the Anakie gem fields, about 200 miles south of Rockhampton, about $100,000 worth of sapphires are produced annually. Queensland's pioneers sought to make it a white mans country. In the early days thousands of South Sea inative laborers were imported but they were later exported so that out of some 920.000 Queenslanders about 900,000 are white and nearly all the remainder are aborigines and half-castes. Nearly one-third of the states population lives in Brisbane, capital, largest city, chief port, and gateway to the state. Sprawling on both banks of the Brisbane river, it in many respects resembles a bustling American port city with tall business buildings flanking wide, clean streets forming a modern background for Its acres of busy docks.

Veterinarian in Texas Has Cat With Two Faces Houston, Texas. That two-faced cat often mentioned in speaking of the neighbors has come to life at last. A two-faced cat Is a living, breath ing reality in the dog and cat hos pital of Dr. G. W.

James. It has two perfect sets of eyes, two sets of nostrils, two mouths, and two sets of vocal chords hence, two voices but only one set of ears and one lower jaw. Doctor James says the kitten 'It, perfectly normal In other respects, and believes It will live. Proud Turkey Gobbler Mascot of Ball Team Holdrege, Neb. A strutting turkey gobbler Is the mascot of the Holdrege baseball team.

The gobbler, owned by Charley Bjorklund, persisted in walking a quarter of a mile each Sunday to watch the home town boys play, so the team just adopted Gobbler as the mascot. Whenever the turkey ts not present to watch the game, the players say they always lose. Swindlers Find Victims in Parisian Cafes. Paris. The success with which two unimaginable confidence men swindled a visiting Australian millionairo in a popular boulevard cafe recently indicates that the world depression is not universal.

Despite repeated successes of these con men in this most well known of Parisian sidewalk cafes, the victims still seem to come from somewhere and still provide easy money for plausible crooks, who not only go by unpunished, but who return at a later date with a different passport, a different name, and different mustache, perpetuating the some old gag and disappearing before their victim has time to get to the police station. Only recently a trusting Australian gentleman dropped upwards of francs on the flimsiest of flim-flam games. The two police thugs who trimmed the amiable visitor were old offenders, and their appearance was signalized in Paris. But police action came only when the venerable gentleman had parted with his millions. Use Simple System.

In this particular cafe the simplest of systems are employed. Many victims probably get wise and fail to collaborate, but when a brother falls these thugs make it well worth the time lost on their bad guesses. The prevalent gag if for one of the swindlers to take a chair on the terrace of a popular rafe where all the world goes and wait until some particular bird of prey arrives. The victim selected is either chosen by prearranged tactics on the part of the gang, or a victim is chosen at random because of his apparent or supposed possession of ready wealth. The "con so to speak, having an eugaging personality, soon makes the acquaintance of the victim and.

If the victim is at all susceptible, th worldly arts of a gentleman who has-lived both In and out of jails, under every circumstance on all continents, soon makes Its Insidious effect, and two firm friendships are formed. Drinks follow, confidences about family home towns, women, men and events. The crook is apparently wealthy, just a careless fellow whose people are rich, or whose uncle Is president of a big corporation, and whose acquaintance is vast among men of circumstance. To make money bores him, because he has plenty. i Flattering Overt.

By devious means the crook establishes the approximate wealth of his victim. And, by some singular coincidence, a venerable gentleman happens by the cafe. He speaks to the crook as though he might he the son of his elder business partner. The first crook invites his respected friend to join them in a drink. He explains overtly that the old gentleman Is one of Americas or England's greatest bankers, the silent partner of ship lines, oil concessions, gold mines and scandalously rich, who is retired but who goes to the stock exchange as a matter of long habit.

The two crooks talk of a little deaL Perhaps they leave their new friend out of this little deal. The next day they met again, and the elderly gentleman turns over a few thousand francs with a bored air as the winnings of their little deal. They offer to let their victim in on one of those little deals, and they even bet jocularly among themselves who will get trimmed on the next stock deal. This goes on until the friend is convinced that he is in good company. Thei comes the real deal.

The victim lays cut cash, a specially big prize on new stock. The next day the two friends cross the frontier and the innocent victim calls shame-facediy on the police. Rise of Crime in Great Britain Worrying Yard London. Recent outbursts of crime and banditry in England have caused alarm in many quarters. Both Scotland Yard and the police forces, under control of the home office, have come in for sharp criticism.

New crime methods, it is claimed, have outwitted every system devised by the police; while the bandits are becoming more daring, the authorities are charged with becoming more routine. With the countrys long standing reputation for efficient police administration seriously challenged, no less an authority on crime conditions than Maj. Gen. Sir Wyndham Child, chief of the criminal Investigation department at Scotland Yard from 1921 to 1928, has lately admitted that criminals of a certain type have at the moment got the better of us, and there will have to be a lot of deep thinking before we regain supremacy once more. Love for Sea Is Cured by Mishap to Schooner Fall River, Mass.

A local newspaper carried an Item recently recalling the ill-fated voyage of the schooner Hiram Smith, which left here In December, 1865, and lost her captain and two men in a storm off Cape May, N. J. Herbert L. Hart of Buffalo, N. Y.

whose father. David, was one of the survivors of the crew, noted the item. He informed the newspaper that his father never went to sea again and lived to be ninety-six. NEWFANE Forty guests enjoyed an 0. E.

S. card party Saturday night at the home of George Bush. Mr. and Mrs. Howard Osborn and and daughter, Jaclyn, spent Sunday with relatives in Springfield.

Floyd Sherman and tamily of Brattleboro were week end guests or -his sister, Mrs. L. H. Pike and family. Mrs.

Mary Howard of Putney spent one day last week with her mother. Mrs. Graves, in the home of Mrs. Viola Chase. Mr.

anl Airs. Dorr Allen and Airs. Eanes of Brattleboro were recent visitors at W. f. Eames.

The latter Airs. W. P. Eames have returned after spending the venter in Florida. A group of 'young people enjoyed the first C.

E. social last Friday in the liome of Airs. Karl Alaher. Games were played and refreshments were served. They are looking forward to the next invitation.

WHITINGHAM George Burgess of Brattleboro spent Sunday at Aloses Bennett's. Adna Chase and C. B. Alorse are painting Air. Hendersons house on the 'Taintor farm.

Harold Alurdock has gone to Pittsfield, where he has employment cn a golf course. A large number of townspeople were -called out Sunday to fight a brush fire on the Bill Williamson place. Miss Afabel Abbott of Bellows Falls, agent for the Child Welfare Department, was a business visitor in town Tuesday. Word has been received that Hal-lert AIoss has returned from the hospital much improved in health. He is a former Whitingham boy.

(Received too late for last week) Mr. Huestis of Rhode Island is visiting friends in town. Parties from Hinsdale, N. are "buying potatoes in town. Ada AIcquay of Turners Falls, spent Sunday in town.

Born In Deerfield, April 25, a son to Air. and Airs. Carrojl White. The State road patrolmen have begun their work. 'They are James and Arthur Farrington and Harry Alur dock.

Bernie Bernard has rented George Shippees place on the Colrain road will move there soon and work for Frank Stone. Alerritt Taylor lost one of his white--faced horses recently with spinal trouble. The horse was 18 years old and Air. Taylor had used him on his delivery trips since he was three year: old. SEARSBURG Ernest Biddle of Bennington is spending a few days with friends an town, Henry Jacobs, spent Sunday with Gerald Jacobs and family in Wilmington.

Air. and Airs. Harry Hoffnailkle and Mr. and Airs. Fred Heisler called on Cora Belknap Sunday.

George Biddle is not so well. Airs. Lacie Johnston of Wilmington is helping care for him. Dr. Dunn is in attendance.

Hundreds of small pine set out Jay the state forestry department at Pine Hill, Rutland, were burned last week in a grass fire finally put out by the Rutland city fire department. On motion of his father, Senator Warren R. Austin, Warren R. Austin, of Burlington, was admitted to practice before the Lnited States supreme court at Washington Thursday. Falling 13 feet down a feed pit at his barn in Greensboro Tuesday, Hiram W.

Calderwood sprained one knee apd suffered bruises to his head and shoulders, on which he landed He will be laid up for several days..

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About Deerfield Valley Times Archive

Pages Available:
10,327
Years Available:
1888-1942