The Oregon statesman. (Salem, Or.) 1916-1980, April 20, 1933, Page 1, Image 1

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Burk and Williams Report
Discovery Near Silver
Falls; Identify . -
Auto Parties on Spot Traced
To Reynolds; Others in
"j Case are Sentenced
At least one of the men who
perpetrated the Philomath bank
robbery January 4 and obtained
92809 cash and $1700 in blank
travelers' checks visited the Silver
Creek region in this county April
12 and there lost 1180 worth of
the stolen checks, Sheriff A. C.
Burk announced last night follow
ing a trip he and Newell Williams,
chief . criminal deputy, made to
that section on other business.
While driving along one of the
old, little-used Silver Creek roads,
Bark and Williams espied a head
light lens and rim, which was lat
er declared to be from a car used
by Perry Reynolds, one of the
five men being held at Tacoma,
Wash., In the northwest cleanup
of payroll and bank robberies.
Reynolds, Burk said, is known to
have visited relatives in the Sil
ver creek region a week ago yes
terday. Check Numbers
Tally With Record
Near the auto lens, Burk and
William found a billfold con
taining nine $20 travelers'; checks
numbered 801-9. Telehoning of
ficials of the Philomath bank, the
sheriff was Informed that these
numbers corresponded with those
cf the stolen checks.
"Reynolds must have been hid
ing out up there," the sheriff
commented. "He was driving a
1923 Chevrolet coupe over the
rough roads and lost tie head
light lens and rim."
Sheriff Burk notified Portland
law enforcement officers of his
find upon his return here. Rey
nolds, he said, had been' accused
f participation In the Philomath
holdup but had denied complicity.
The checks found on .the old
road were in good condition de
spite exposure to snow and rain.
TACOMA, April 19. (AP)
Four men, James De Long, Frank
Butler, Carl Brehan and Phil Wal
lace, were sentenced today to
terms of 10 to 25 years in the
state penitentiary after pleading
guilty to the $4500 J. S. O'Day
payroll robbery of a month ago.
tn all probability they will be tak
en to prison secretly, under heav
ily armed guard. Sheriff Fremont
Campbell, Jr., said later.
The sheriff decided upon the
secret departure for prison, he
aid, after receiving a warning
letter from Deputy Warden E. C
II alley, of the Oregon peniten
tiary. The men were arrested In
If re and at Portland several days
ko.
Meanwhile Prosecutor Bertil
Johnson was preparing an In
formation charging Perry Rey
nolds, 25. also with the O'Day
payroll and Pirate Inn holdups.
Reynolds has steadfastly denied
any part In the two crimes. Prose
cutor Johnson said two burglary
charges might also be filed
jralr.st Mm.
Funeral services for Waterbury
Maynard Coburn, 77, who died at
his residence on route 5 yester
day, will be held from the chapel
f W. .T Rigdon Son Friday,
April 21, at 1:30 p. m. Coburn
tad been confined to his bed ever
since he was injured . In an acci
dent last November.
He was born at Stockbrldge,
N. YM July 23, 1855, the only
on of Mrs. Ellen M. White, early
Salem pioneer who died In 1917
He came to Salem in 1874 and
was married to Susie E. Quimby
In 1882.
He Is survived by his widow and
the followlnz children: J. M. Co-
burn, Mrs. Hester Drager, Mrs
Carolyn Orabenhorst, Mrs. Lena
P. Grabenhorst and Mrs. Harriett
Wechter. Seventeen grandchildren
also survive. ,
Coburn had resided on a farm
In Prtngle for 41 years. All of his
children were present at the time
of ia death. 1
Building Picks
Up; Five $1000
JobsUndertaken
The fifth building permit this
month for a new construction Job
costing $1000 or more was issued
. resterday to William Heppmer for
erection of a $1000 dwelling at
J015 Maple avenue. A. H. Zlnk is
the builder. The other-permit Is
sued yesterday went to W. A. Me
. Clary to build a $45 garage at
1125 South , Commercial' street
bringing the total value of this
ireek's permits to $1175.
? l M .4 l
T have been granted this month, or
lL' ... at wv. -a
fog iur luau uuiiu( jambu, j. v
sore than In February and -four
ore .than during January, i :
Beauty Quest Proves Fatal; Face
Rejuvenators
V;
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Woman's eternal hope of thwarting the passage of time cost the life
of Mrs. Aline Farnum, 81. She died in Los Angeles after an assert
ed "face rejuvenation" operation. C. B. White and a nam were
arrested In connection with her death.
DUST 1
I
Deaths Caused; Wheat Crop
In Midwest Imperiled
By Driving Sand
(By the Associated Press)
Dust storms and floods were
contrasting sides of the national
weather picture today, with death
and property damage involved In
each.
Mr. and Mrs. Jake Mutx were
killed by a gale which destroyed
their farm home near Chiekasha,
(Turn to page 2, col. 3)
TlX TIB TO
The $15,034.63 tax turnover for
the city of Salem filed Wednesday
by Sheriff A. C. Burk dispelled
late March fears that the muni
cipal government could not meet
heavy bond payments this month,
City Treasurer C. O. Rice an
nounced yesterday on hearing of
the turnover. Yesterday he sent a
$19,000 instalment on a 20-year
$480,000 sewer bond issue to New
York holders of the bonds, leaving
about $5000 available cash In the
treasury in addition to the new
taxes.
The new funds, the treasurer
said, will enable the city to pay
the final $5000 instalment on this
bond issue and $5000 due on an
other Issue May 1 and also to re
tire a sizeable amount of city gen
eral fund warrants.
Large tax turnovers anticipated
from the county In May will do
much to Improve the city's cash
condition, according to Mr. Rice.
BARKING AWAKES MAN
BEND, April 19. (AP)
Brownie, a year-old police dog,
was burned to death today after
he had saved his master, Barry
M. Robinson, from a like fate.
Half suffocated by smoke, Rob
inson, alone In his home, awoke
to find his dog barking loudly on
his bed. He found the living room
in flames and the fire threatening
his bedroom. He attempted to car
ry the dog through .the flaming
room to the door, but the animal
broke away and bid under . the
bed. Firemen recovered his char
red body.
WON'T RAISE TURKEYS
ALBANY April It. (AP)
Sheriff Shelton almost went into
the turkey raising business, but
he sighed with relief today when
he was assured the plunge would
not bo necessary. He was- about to
be called on to care tor $0,500 of
the young gobblers that had been
attached while In the process of
hatching. The owner, however,
arranged a bond at the last min
ute to the satisfaction of nis credi
tor, ?.J v
JACKS UP WRECKED CAR
PENDLETON. April IS. (AP)
Prompt action by his wife saved
the life of T. B. Bontboy, Pendle
ton undetraker, last night when
M FINANCE
are Under Arrest
m
1
X
Senator Spaulding Speaks
For Canalization, Sees
Low Rate Benefit
Not only a great saving to ship
pers in general, but also the open
ing up of the northwest Oregon
timber belt because of lower
freight rates will result if canal
ization of the Willamette river as
far as Salem, Is realized, Senator
C. K. Spaulding told the Salem
Retail Credit association yester
day noon.
At first skeptical, but now a
firm advocate of canalization, the
senator said he hoped to see ad
option of the resident engineer's
favorable report on canalization at
the hearing slated for Washing
ton, D. C, May 14. The river pro
ject was reopened recently. In
spite of adverse report of divi
sion engineers.
An expenditure of $8,000,000 Is
estimated necessary to improve
the river to Salem, Including
changing of the locks st Oregon
City, completion of an eight-foot
channel, and construction of a
30 to 37-foot dam at New Era.
4 The river project realized, a
saving of tip 00 per million feet
of timber is possible on shipment,
and on freight in general saving
would be seven mills per ton mile.
Lower freight rates by water al
so have a bearing on the Spauld
ing Logging company's recent rate
case. In which the company seeks
to bring cost of hauling over the
Valley & Sllatz road to a reason
able figure. Spaulding said today
the hauling cost from Helmlck Is
$190, to Salem, while deep water
hauling would cost not to exceed
25 cents per thousand. -
If a Joint reasonable freight
rate comes as result of the Valley
(Turn to page 2, col. 4).
BE MIT
FAV1STMH1
Dog Saves Master, Dies
Wife Rescues Mortician
Sheriff Dodges New Job
Harry Riley Faces Noose
their automobile overturned be
tween Boardman 'and Arlington
arier a ure had blown out. . .
Bomboy was thrown under the
machine and was in danger of suf
focation. His wife, injured and
bruised, crawled under the, car,
found the tire Jack and raised the
machine sufficiently high to per
mit ner to drag her husband out.
He suffered chest Injuries and
possible broken ribs.
NO LICENSING ASKED
BURNS, Anrll 19 (AP Har
ry R. Riley, 4o, was convicted by
a circuit court Jury here shortly
before last midnight of first de
gree murder for the death of his
wife, Hilda Thornburg Riley. The
Jury Ud not make any recommen
dation for lite Imprisonment and
the death penalty, attorneys said,
is therefore mandatory on the
court.
Mrs.' Riley was shot to death
at the home of her parents here
last fall after a discussion which
resulted, police said, when Riley
attempted to effect a reconcilia
tion with her. Carey Thornburg,
Mrs. Riley's father, was also fa
tally shot and Mrs. Thornburg was
seriously wonnded. Riley was
tried only for his wife's death.
Circuit Judge Wood set 10 a, xn
Thursday for sentence." -
SITU ROAD
SUGGESTED AS
TOLL PROJECT
One of $15,000,000 Pro
gram Discussed at Meet
ings Held in Portland
State Funds or Credit not
Available Says Chief
Of Highway Board
PORTLAND, Ore., April 19
(AP) A road and bridge con
struction program In Oregon
roughly estimated by state offi
cials to cost more than $15,000,
000 .was given Initial considera
tion when the state highway
commission and the executive
committee of the governor's ad
vistory committee on Reconstruc
tion Finance corporation self-liquidating
projects held separ
ate meetings here today.
Construction of six toll roads
at an estimated cost of $11,500
000 and of five bridges at an
estimated cost of $3,400,000 was
proposed. No action was yet tak
en on the matter, however. The
proposal is to build such projects
with Reconstruction Finance cor
poration funds.
Roads proposed under this pro
gram Include the Weed-Klamath
Falls road, Wolf Creek, Wilson
rivr?, santlam, Umpqua and Wil
lamette roads. The five bridges
wer proposed to take the place
of ferries now in use on the
Oregon Coast highway.
All Financing Would
Be Based on Tolls
Under the plan as presented
to the commission and by the
same advocates to the executive
committee of the advisory com
mittee, cost of all the projects
would be paid through tolls,
thereby relieving the state from
financing and at the same time
launching in Oregon a develop
ment program which had been
urged by Governor Meier. Should
the loans be obtained, the state
would let contracts and supervise
construction.
Upstate delegations favoring
the various projects would go
first to one meeting and then an
other. Late in the afternoon the
two bodies held a joint meeting
for a brief discussion of the pro
posed program. Nothing definite
(Turn to page 2, col. 1)
Aurora Case
Expected to
Close Today
PORTLAND. April II. (AP)
-The trial of four former offi
cials of the Willamette Valley
Mortgage & Loan company of Au
rora drew to its conclusion today
when attorneys started closing ar
guments in federal court here.
The defendants. Dr. B. F. Giesy
of Aurora, president of the com
pany; Zeno Schwab, cashier; Wil
liam Phoenix, manager, and Gor
don- Watt, attorney, are charged
with participating in a conspiracy
to defraud through the mail.
Belief was expressed that the
case will reach the jury by noon
tomorrow.
The government alleged that
the defendants used the mall to
transmit worthless mortgage cer
tificates as substitutes for good
ones. Defense attorneys endeavor
ed to show that the substituted
certificates were fully protected
by the value of the property on
which they were based.
Kowitz to File
Brief in Water
Bond Suit Today
Chris J. Kowitx, city attorney.
win rue mis morning his final
Drier in supreme court on the
legal phases of the I2.S00.000
water bond Issue annroved br Sa
lem citizens December IS. 1931.
The bond vote was demurred out
of court In the circuit court here
And from this decision the city
appealed. The suit alms to test
the legality of the rote by which
the city voted to proceed with
the acquisition and operation of
a municipal water system. The
Oregon-Washington Water Ser
vice company is one of the de
fendants in the test case.
Eowlts win "accomoanv the
brief with a motion to the court
asking that the time for argu
ment be advanced.
Development of
Columbia Talked
BOISE. April 19 (AP) Op
ening of the channel of the Co
lumbia and Snake rivers for ship
ping,, as a huge federal employ
ment project, -will be discussed
at a meeting in Portland Fri
day of three Pacific northwest
governors, C. Ban - Ross., gover
nor of Idaho, announced .today.
. Attending the- meeting, the
governor said, win be Governor
Julius Meier of Oregon and Gov
ernor C. D. Martin f Washing
ton. - -
Nation
Mans
COAST
LUMBER
OUTLOOK
Or TWO MOVES
Gold Embargo and British
Action Against Russia
To Help Industry
U.
S. Position Criticized
As not Necessary in
European Press
SEATTLE, April II. (AP)
The abandonment of the gold
standard by the United States,
coupled with Great Britain's em
bargo declared on Russian lumber,
was looked upon here tonight in
financial circles as giving Pacific
northwest lumbermen the hope of
increased markets.
One immediate business con
sequence of the gold standard
change, through the enabling of
British buyers of northwest lum
ber to obtain dollars cheaper in
terms of the pound sterling, will
result In the opening of an Olym
pic peninsula logging camp, and
the putting of 150 men to work.
The purchase, made by London
buyers, was financed today
through a Seattle bank, but the
names of the logging company and
further details, other than that
seven or eight miles of logging
track would have to be laid, were
withheld.
LONDON. April 20. (Thurs
day) (AP) America's aband
onment of the gold standard was
a sensation here.
While no authoritative voice
was heard on what was described
as the most Important even In
world's economics since Great
Britain took the step in 1931,
opinions were abundantly express
ed In financial quarters.
Some of these were denuncia
tory of the United States' action,
while others were restrained pend
(Turn to page 2, col. 3)
POLICE RADIO TO
Ell ON I FFIDAY
Official testing of Salem's po
lice radio station, KGZR, can be
started at 12 noon tomorrow,
under federal radio commission
regulations. The transmitter was
Bet up at police headquarters at
noon yesterday and officials at
Washington, D. C, so notified by
telegram.
Although a 10-day testing per
iod Is required. It Is probable
that the new station can be used
as soon as It Is fully adjusted In
calling officers patrolling the city
In cars. This is expected to be
gin Friday evening.
The 50-watt station will be in
charge of Don Poujade, licensed
operator, with the desk sergeant
on duty-doing the announcing.
Preliminary tests of the trans
mitter indicate that its broad
casts will easily cover the Wil
lamette valley, contacting sher
iffs, state police and officers of
other municipalities, as well as
communicating official lnforma
tlon to the Portland police de
partment.
Baker Woman is
State Leader of
Royal Neighbors
CORVALLIS. Ore., April 19
(AP) Mrs. Mabel Ragsdale of
Baker was elected head of the
Oregon group. Royal Neighbors of
America, at the state convention
which was concluded here today.
Mrs. Esta Oler of Corvallls was
chosen secretary-treasurer.
Delegates to the national con
vention elected were Mrs. Auaeiia
Glover of Klamath Falls and Mrs.
Nellie Redlinger. Mrs. Sarah Pet
erson of Salem was elected alter
nate delegate. Medford was chos
en as the site for next years con
vention.
Late Sports
SEATTLE. April 19 (AP)
Adolph Schacht, veteran trainer
with .the Seattle Indians of the
Coast league, today received. word
that ke had been "signed" by the
Chicago White Sou and he will
leave ' Monday- tor the east. A
"Schacht day" will be held on Sat.
urday.
v-I've been with three er four
major league dabs," Manager
O sorgo Barns said tonight, "and
Schacht Is the . greatest trainer
I've ever seen. -
.He Is also a boxing referee. Hie
salary was reported $5,9 09 a year.
off Gold Standard
ControMedJnflation
Stocks, Commodities
Rocket, Sales Boom
As Dollar 'Managed'
Roosevelt Move Interpreted as Intended to
Restore Former Levels; Bonds Decline
Temporarily in Rush for Cash
By CLAUDE A. JAGGER
(Copyright, 1933, -the Associated Press.)
NEW YORK, April 19 (AP) With latest moves in
Washington interpreted in Wall and La Salle streets to
day as indicating determination to restore commodity prices
through a managed dollar, stocks and staples boomed.
With gold exports definitely stopped, and the dollar de
clining swiftly in terms of other leading currencies, there
; - was a rush In the New York stock
NOTED
on
Wheat Most Marked; Milk
And Eggs Rise Today
Is Forecast Made
PORTLAND, Ore., April 19
AP) Either sharp advances in
the market or else keen demand
for products was noticed here to
day, shortly after announcement
from Washington, D. C, that the
United States had gone off the
gold standard temporarily.
The advances in wheat all but
overshadowed others in import
ance, with a resumption of trad
ing sales to the Atlantic coast es
timated from 5,000 to 15,000
tons.
On the Portland futures mar
kets advances for the day were
1 1-4 to 2 1-4 cents a bushel with
the July and September options
scoring the greatest rise. Sales on
the exchange amounted to 95,000
bushels, within a fraction of rec
ord volume.
On the merchants exchange
cash wheat advanced 1 cent a
bushel and Montana spring and
winter wheat were up 3 cents
each.
Announcement was made that
a rise of at least 20 cents a barrel
in the price of patent or family
flour wiU be made within 48
hours.
Opening values on Willamette
valley wool were named at an ad
vance of 2 cents a pound over the
initial figures for 1932. The no-
(Turn to page 2, ool. 1)
ROOSEVELT RIGHT
NEW YORK, April 19 (AP)
J. P. Morgan. In one of his
rare public statements today, en
dorsed President Roosevelt's ac
tion In suspending gold exports.
"I welcome the reported action
of the president," he said In a
written statement, "and the se
cretary of the treasury In plac
ing an embargo on gold exports
"It had become evident that
the effort to maintain the ex
change value of the dollar at a
premium as against depreciated
foreign currencies was having a
deflationary effect npon already
severely deflated American prices
and wages and employment.
"It seems to me clear that the
way out of the depression is to
combat and overcome tbe dena
tionary forces. Therefore, I re
gard the action now taken as be
ing the best possible course un
der existing circumstances."
Ml
Sales lax Defendei not
Populai at
SILVKRTON HILLS, April 19
(Special) When M. S. Schrock
master of Claekamas county Po
mona grange, spoke In favor of
the sales tax before ISO members
of the Marlon county Pomona
grange In session here today, he
virtually poked a hole la a hor
net's nest for outside of a mere
halt doten or so the grangers
present were emphatically oppos
ed to the sales tax. Mr. Schrock
first explained the sales tax and
then later asked If anyone present
wished to ask questions or com
ment and seemingly most every
one did. Mr. Schrock endeavored
to explain that should the sale!
tax be defeated the burden of
raising the necessary funds would
fall on property,
The Marlon county . Pomona
grange opened Its session early
Wednesday morning and met
again after the noonday luncheon
1-and In the evening following sup
per at the halL
Out of the II granges la the
county, only Scotts Mills and
BattevlXle tailed-1 answer the
exchange, in the Chicago board of
trade, and other domestic mar
kets, to convert funds into shares
and commodities.
In the bond market, highest
grade Issues declined, as invest
ors converted their funds into
speculative media to take advant
age of rising prices. Other bonds,
however, particularly industrial
and foreign issues, were mostly
strong. The turnover was close
to S20.000.000 par value, the
largest for any day since Septem
ber, 1931.
In the share market, prices
registered the most sweeping ad
vances' since March 15, the day
(Turn to page 2, col. 2)
E
Thousands Expected Here to
View Blooms; old Route
To be Followed
Salem Cherrians' annual Blos
som day has been definitely set
for Sunday, April 23, it was an
nounced yesterday following a
check with orchardlsts in the
two heavy-blooming areas. King
wood and Orchard Heights.
The event has in past years
attracted as high, as 10.000 per
sons., and this year Cherrians an
ticipate that tb previous re
cord will be broken, given a
fair break from the weather.
The tine turn in weather con
ditions yesterday and promising
barometer readings determined
the definite date for the coming
Sunday. Cherry blossoms in the
Rosedale district are already out
and prune buds are swelling up
and will be In full blossom by
Sunday, with milder weather
prevailing.
The usual Blossom Day route
will be followed again this year,
and the linen mills, state insti
tution grounds and chamber of
(Turn to page 2, col. 7)
Yankee Sailors
In Trouble for
Taking Pictures
TOKYO, April 20 Thursday
(AP) A Rengo (Japanese) news
agency dispatch from Mukden,
Manchuria, today said a Japanese
detachment of Chinwangtao last
Sunday picked up two American
sailors whom they alleged they
fonnd taking pictures of Japanese
troops.
According to a Japanese mili
tary report, the sailors were re
leased Immediately, but the cam
era was retained. Japanese offi
cers said the camera will be re
turned shortly snd the affair set
tled without difficulty.
Grange Meet
roll call. The fifth degree was
conferred on a group of candi
dates at the morning session and
Mr. Schrock gave the obligations. i
Mr. and Mrs. Schrock and Marie
Flint MeCalL state lecturer were
introduced at the morning ses
sion.
Memorial services were held for
Elisabeth McKay of Surprise
grange, Fred Wlntermantle ot
Ankeny, Milton Brown of Salem,
James Kenyon of Butteville, Mrs.
Rogers of Woodburn and Clara
H. Waldo of Maeleay. Mrs. J. T.
C Tekenburg of Maeleay read a
paper In tribute to Mrs. Waldo.
The resolutions committee com
posed of Seymour Jones, O. W.
Ferris and O. D." Bowen Intro
duced . eight , resolutions which
were all aeted upon ' favorably.
They pertained largely to grange
matters and the endeavor to cur
tail grange expenses.
F olio win r the noonday lunch-
un th twtiira hour vti held
during which a vocal solo was giv- j
en by Roswell Wright of Ankeny
(Tarn to page S. eoL'l) 4
UMDAYTOB
SUNDAY
1
ROOSEVELT IB, .
ASK AUTHORITY
FOR EXPANSION
Stocks, Commodity Prices
Shoot Upward as Dollar
Falls on Exchanges
Impending Economic Parley
Figures in Discussion
Of Federal Policy
WASHINGTON, April 19
(Ap) In a day of historic finan
cial action. President Roosevelt
moved boldly forward tonight for
controlled Inflation on sn Inter
national scale.
He swung the United States
off the gold standard in world
trade as an opening shot and
tonight sanctioned legislation giv
ing him broad authority to carry
through his program to lift Am
erican prices, stabilise the world
exchanges on a revised gold bas
is and expand the use of curren
cy. The swiftly executed maneouv
?rs by the confident president
brought a turbulent reaction
throughout the world. American
stock and commodity prices shot
uti-rn. ,n aoiiar fell off la
the world exchanges. Wall street
quotations on foreign currency
rose spectacularl.
Adrfeors Called In
To Talk Procedure
Quietly pointing for his next
plays in the complicated field of
international finance. Mr. Roose
velt called in advisers tonight to
outline procedure.
From capltol hill came a bill
by Senator Thomas (D. Okla.)
extending to the president auth
ority to Issue new currency, to
modify the gold ratios and con
tent of the dollar and to estab
Hsh a dollar stabiHration board.
It was understood Mr. Roose
velt gave his sanction to the
measure although further details
are being worked out
To speed action, the proposal
probably will be submitted as an
amendment tomorrow to th
ending farm commodity bin.
Genomic Parleys
Al-o are Talked
For an hour and a half to
night, the president went over
the general program. Including
the forthcoming economic par
leys, with Secr-tary Wood In. Un
dersecretary Phillips and Assis
tant Secretary Moley of the stated
department. Director Douglas of
the budget. Chairman Pitt man
of the senate foreign relations
committee, and Senator Byrns of
Ro"th Carolina.
Secretary Woodin, who said
late this afternoon that Issuance
could he made tonight of regula
tions under which gold exports
would be prohibited, but the
shloment of ear-marked cold p?r
m'tted. announced after the
White House meeting, the regula
tions were not ready. The secre
tary did not Indicate when they
would be made public.
In his first move, the president
adroitly put himself Into a posi
tion to negotiate for a revised
world gold standard by withdraw
ing support of the American dol
lar In foreign exchanges to com
bat the depreciated currencies at
the foreign nations now off Uw
standard.
He has tn mind bringing all na
tions back to the gold Btandard at
a measure of stability but he It
considering a new standard wh-re-Jy
the present ratio of 40 per
cent gold reserve ror currency
would be reduced.
He will Insist upon common ac
(Turn to page 2, col. S)
The Day in
Washington
(By the Associated Press)
President Roosevelt with
drew gold support for Asaeri
caa dollar la foreign exchangee
which Secretary Woodia tater-
preted aa temporary swapenatoai
of gold standard.
Governors ot 12 federal re
serve banks studying mesne et
putting idle currency In circula
tion reported promising outlooks
to Secretary Woodia.
Senate voted smgar case and
beets Into fan bill and took
at poasmts.
Rons banking committee re
ported $199,000,999 senate bill
for relief to states. -
1 Presidet . Roosevelt kept t
White Hows stady with a
alight cold.
House military committee an-
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