SZ61 03
CITY EDITION
Dally ivini, n ia circulation tor
month nillni March It, JIS.
CLOUDY TONIGHT
And Wednesday; probably rain la WMt
portion. Warmar wC portion tonights
fresh southeast winds.
eall
6719
Local: Max.. 73; mln , 42; rain, no,
river. 4.4; atmoa, clear; wind, north.
Avtrin dally distribution lost.
Member audit Bureau of Circulation.
FORTY-SEVENTH YEAR No. 101
SALEM, OREGON, TUESDAY, APRIL 28, 1925
PB1YM? THRCP CPNTM ON 'TRAINS AND NHWi
rKiuci lntvCiCi iEjiNio stands fivb cents
fnJ
LTU
Capital oJPoiiir
i... .
LINEN MILL
CAMPAIGN
EXTENDED
With Salem Subscriptions
Well Over $200,000
Mark Active Drive Is
Carried to Other Towns
The campaign for the linen mill
via m read out this week and next
to cover the surrounding territory.
With tiie report of workers last
night that tue Salem drive had
reached the 04,140 mark, the
Irrogram made won sufficient in
tile irr.nda of the committee to
etart active work on the drive in
the outlying territory. The nest
definite report as to progress will
bo niudo at the Thursday noon
luncheon at the cbainuer of com
merce. It is expected that Albany, In
dependence, Corvallis and Gervai
will btj among the points reached
this week and next in the out of
town drive.
Two Meetings Todav.
Tula noun T. M. Hicka and John
il. MeNary were at Silverton ap
pearing before a noon-day lunch
con of the Silverton chamber of
commerce.
Tcmight a big meeting will be
held In the circuit court room at
The Dallas court house when the
rwe will be ucfiniiely launched
in the Polk county section. T. M
l-Mcks, Charles H. Archerd, Robert,
Crawford, U. O Snelhng, Theodore
Roth, George Vic, and a number
of others will attend from here,
aivfnrd ie expected to talk on
flax growing and Archerd on the
business end of the proposed fla
mill, while oilier speakers also
will tako part from Salem, it
expected. Everyone interested in
Polk county has been invited to
attend the meeting and a big turn
out is looked for.
Salem Drive Goes On.
In the meantime committees in
Salom are hird nt work. They
have turned the last lap toward
the goal with ever two-thirds Oi
the required amount subscribed
'J hey have no expectation of a
spec.acular or easy finish. On
the other haud they expect that
bard, constant work will be re
quired to put It over, but they
declare it will be put over In Sa
lem and will be put over on the
outside.
The realtors have postponed
th-eir regular Thursday noon
luncheon so that they may meet
with the linen n ill campaigners at
tbe'r Thurrd.ty noon gathering.
POLICE GUARD AGAINST
MAY DAYJISTUBBANCES
New York, April 28. Cxtra
police guards will soon be placed
on all public buildings, promtnen;
churches and residences of well
known men, It became known to
day as a precaution against pos
Bible activities of radical groups
on My day. For some time spe
cial operatives have been watc!:
tng the atcivit:es of groups of rad
iialfl who, it was felt, might pos
- sibly be influenced by the recent
nfrntrrs in Bulrrarla.
Hughes Says Claims
Of Imperialism are
Totally
New York. Apr. 2S. Charles
' Hughe?, former ?rretiry of
state, vigorously defended the
government of the United Statv
a -,aint ehari-es of Imperialism :n
an idd-esa today. He polt at a
luncheon of the cbamhr of com
merce of the state of New York
at whlh he w-ie prevented with a
honorary membership.
'There ar som. who hve an
Invttpra'e although mlfttaken no
tion that our government chr
IsheH an ImpprlalMie policy." he
id. "TIkv get political head
ache!, fmm wye nirain caused by
it efforts to e whit tin not
?'!. Th?y lm.z;ne. ftr lnt:!-,re.
that they d:eoer a government
contrrtlkl hy Danker. To tbe
I-- ' nm the v cneioiw of
th inevitable rlfVs of their un-
K Vforv, auch r tin rev must
em to u ne perf etlnn rf Ironv.
"The truth k that the InveFt-
m--ii in for- ign lotion It and mw
ae a private affair. The h'u ntTian when they started."
REGAINS LOST
LEADERSHIP
IyEON" TROTSKY
FEDERAL PROH
Washington, Apr. 28. A re
organization of the prohibition
unit ie in prospect. Assistant Sec
retary Andrews indicated today,
as a result of the month '6 tudy
he has given to the bureau eince
he assumed office.
Secretary Andrews did not dis
close the nature of the changes
to be made but reiterated that
Commissioner Haynes will
main for the present in charge
of enforcement. There was every
reason to predict satisfactory co
ordination between Mr. Haynes
and his own office, the assistant
secretary declared.
The new field marshal of pro
hibition decried reports that he
would be "hard boiled In put
ting through the proposed reor
ganization. What "- intended,
he explained, was to give trusted
workers encouragement and sup
port ar . to we'd out the crooks
and others who are not function'
ing in the Interest of law and or
der and "to eliminate sentiment.
F
BOOZE COSTS $75
Chet Ridgmay topped the list
in fines assessed by Police Judge
Marten Poulsen yesterday after
noon, Ilidgway was fined 175 on
a chargo of poasing liquor.
H. Ki'll forfeited $10 and Vern
Mathews w&s fined $20 for speed
ing. Gordon Leltch forfeited $1
and Ben Miller, Walter Lot t la. W
Thomas and K. Tesks were fined
$5 each for apeading. A speeding
charge brought a fine of
from Ernest Klceman.
Arthur Ramseycr and Victor
Olemn were fined $5 each for an
noylng girls on the street.
Domlnpo MaldmoJo wok releas
ed on 320 ball for annoying wo
men.
Unfounded
men of Amer! a know that the
government ifl not going to in
vjlve itself or promise the aid of
military force to collect debt
Nat'.'rtlly the department of state
has desired information as to
' rnn faction wit h foreign gov
ernments. While the govern men
!re not rrn;r;il private inv
menu, It has wtahod In the Inter
a f tt" c?nersl peace and
wind condition of commerce, to
-jrnicf loans for unproduct
ive purposes, such as would be
thought to strengthen military
v,tabliehm nta In a world that
needs mare of reason aad lee of
arm a. '
"But." lit added, "thoM who
attempt to convey to other gov
ernments the Impression that jug
bundled proposals have some sort
;f favor at Washington are soon
mnde awaie of tba dUpltMure
:!ut attend much m lerep recent a-
n and find the.-nselves wore off
SAY TROTZKY
IS
Fourteenth Annual Com
munist Congress Opens
With Friends Claiming
Power Regained.
Moscow, April 28. (By Associ
ated Press.) More than 500 dele
gates from all parts of Russia are
attending the fourteenth congress
of the communist party, which
opened here in the Kremlin.
Former Minister Trotiky, whose
presence was expected to be the
chief feature of the gathering, has
postponed his departure from
Sukhum for another fortnight in
order to complete a book.
Meanwhile, he has been given o
new lease on political life, and hi;
friends are sanguine that he will
soon be entrusted with a respon
uible place In the. government and
gradually retrieve hie former pop
ularity and prestige.
Profrrara Extensive.
Among the Quest lone to be dis
cussed at the convention, which
will continuo for the week, are the
co-operative movement, Increased
metal production, agricultural
taxation, revolutionary movements
abroad, and the recent activities
of the comlntern (communist In
ternationale).
Russia's domestic resources have
become great). depleted and the
communists admit that methods
must be devise j to stimulate home
industries anl increase the pro
ductivity of the peasantry who al
ready bear taxation and other bur
dens apparently beyond their
strength.
The majority of the government
officials believe the peasants' pres
ent situation will have to be fur
ther ameliorated if the govern
ment Is to receive their active po
litical support and maximum
benefit from their labors.
World Kevolt Planned.
Another feature of the congress
doubtless will be M. 'Zlnovleff's
reports on the movement for a
world revolution.
M. Zinovieff will inform the
delegates, it Is understood, that
although no direct revolutionary
situation exists either in the Uni
ted States or Germany, a revolu
tionary situation in general exists
throughout the world and be win
rmphasize the need for the Hus
ton communists giving their con
stant support to revolutionary
movements in other countries with
the ultimate goal of a world revo
lution in view.
E
EAR 10 ALLEGED
TREATY BREECH
Paris, Apr. 23. (By Acociat-
ed Press) The allied council of
ambassadors at It meeting to
morrow will. It i understood,
give Marshal Foch report on
Germany's violation of the Ver
satile treaty a quick scrutiny
and will then await further study
of the situation by the chancel
lore of the various interested pow
ere before taking action.
Thi policy, it wa ald. In of
ficial circle this morning will be
pursued by the alllee' delre
above all to avoid anything that
might provoke further reaction In
Germany such as wa manifested
in the election of Field Marshal
Von Hindenburg to the precl-
dency.
Negotiation concerning the
German security pact offer will
be conducted on the same policy
of avoiding anything that could
be used a fuel for the reaction
ary campaign in Germany. For
eign Minister Briand will oon re
ply to the offer of Dr. Stree
mann, the German foreign min
ister, in such a way as to encour
age ponsthle continuation of the
effort toward an agreement,
WHEAT PRICE UP 5 1-4 CTS.
Chicago, Apr. IS. Cnnmtai
adratire In the prlca pf wheat
took place today, amounting in
aoma eaaea to 5 1-4 cent a buah
I. with Mar quoted at f 1.49 1-4.
The adranca accompanied mm
that. England had arrangd for
U00.00O.00Q credit in the bull
ed State.
REGAINING
LEADERSHIP
Pierce Says
Recall Talk
Is Good Joke
Mcdford, Or., April 28. At the
official opening of the Jackson-'
ville museum of pioneer relics last
night In the historic old United
States hotel, attended by 300 peo
ple from all parts of Jackson coun
ty, Governor Walter M. Pierce was
the principal bpeaker and guest
of honor at the banquet.
The chief executive in a ten-
minute talk praised Jacksonville
for its display of community spirit
and lauded their efforts. Gov
ernor Pierce a; a do mention of the
threatened recall against him by
the sportsmen and laughed about
it.
"Every time X do anything that
bunch up-state don't like, they
threaten me with a recall, and
every time I wean one of the
bunch away from the public
trough, there is a lot of bawling."
The governor, who met and
mingled with the gathering, shak
ing hands and renewing old ac
quaintances last flight, will be the
principal speaker today at the
meeting of the Ashland chamber
of commerce.
Professor Irving E. Vining of
Ashland, president of the Oregon
.Htate chamber of commerce, also
addressed the Jacksonville meet
ing. He dwelt upon the historical
value of the pioneer collection and
their Interest to visitors, urging
Jacksonville tr realize the value
and the charm of their own sur
roundings as well.
T
Final arrangement have been
made for the fi'ncral of the late
Dr. E. E. Oilbert, former superin
tendent of the Salem district for
the Methodist Episcopal church.
and since last October pastor of
the First Methodist Episcopal
church at Medford, Or. The body
will arrive in Salem, Wednesday
morning, on train No. 16, at 6:40
o clock, accompanied by the wid
, Mrs. Gilbert, the son, Wen del,
and daughter, Isla; also by a bro
ther, lio.v. Howard Gilbert, en.i
Ms wife from Oakland, Cal,
At 10 o clock the body will be
taken to the First Methodist Epis
copal church in charge of the
Webb undertaking parlor, where
it will lie in sinte until the hou
for the funeral service, at' 2:30
p. m. During the interval between
10 and 2 o clock various ministers.
friend of the family, will take
turns in serving as honor guards
tor the body.
Many leading representatives of
the church arj expected to be In
attendance at the funeral and to
take part In the service. Among
these are Bi3hop Shepherd, the
enbinet of th? Oregon conference
Dr. Ay i son, a former pastor of
First chtrch ant! very intimate
friend of the family. Bishop
Shepherd will bring a message of
appreciation and Dr. Avlson will
preach the funeral sermon. A
group of brother ministers, will
3Crve as pall bearers and the cabi
net of the Oregon conference, with
representr Uvea from Willamette
university and the Kimball school
of theology will Berve as honorary
pan bearers.
It Is expected that a very large
rssembly of people will be present
rrora. all parts of the Oregon con
ference, whore Dr. Gilbert haw
been known a a prominent
enure n leader and was greatly
loved by all.,- No man In the Ore
gon conference worked his way o
iiiickiy into the hearts of Method
.ft throughout the state as did
Dr. Gilbert. He came from the
.it ate of Iowa t' take the pastorate
in Oregon City in 1917; two years
inter he became superintendent of
the Salem district and served suc
cessfully five years In this larger
rteid. Lt fall, when be would
have been appointed to the dis
trict for another year, he wa con
strained to ak to be released to
accept the urgent call to the Med
ford pastorate A few months
Ir.ter his health broke and a strong
man, and noble, left the field of
action.
BALDWIN SAYS ARMS
CONFERENCE REMOTE
London, Apr. 28. (By Aesocl
ated Prnm) Prim Minister
Stanley Baldwin, replying te
question In tha hou) of common
today regarding the ponslbt sum
moning of another dirarmament
conference, declared1 that he did
not see any sign of an sariy rail
or ucn a conference from any
quarter.
GOLD BASIS
is no
BY ENGLAND
Demand Sterling Jumps
To New High Mark For
Ten Years With An
nouncement. New York, April 28. Demand
sterling advanced one cent to
4.8S, the highest price In ten
years and less than four cents
front parity, within fifteen min
utes after the news of Great Bri
tain return to the gold standard
bad been received here.
London, April 28. (By Associ
ated Press) The gold standard In
England will be restored dating
from today by a special license to
the Bank of England to export
gold bullion, It was announced by
Winston Churchill, chancellor of
the exchequer, in his budget
speech in the house of commons
this aernoon.
Onerative Todav
The bank's special license, Mr.
Churchill said, would operate from
today pending the formal lapsing
on December 81 next of the 1920
act prohibiting the export of gold
bullion.
Mr. Churchill characterized the
yield from Internal revenue as
"satisfactory."
Excess profits and corporation
profit taxes showed a deficit of
9,000,000 pounds sterling, but
these were "moribund" taxes and
were more than counterbalanced
the yield from Income tax, supers
and death taxes.
The cnsumlng power of the
British people has been main
tained, declared Mr. Churchill.
He said he realised that tho sur
plus of the late chancellor's esti
mate corresponded with remark
able accuracy to the budget's rev
enue from spirits. Tobacco had
fallen 2,000,000 pounds sterling
below the last budget estimate
but beer had advanced by a mil
lion sterling.
Mr. Churchill said he was mak
ing arrangements to obtain credits
in the united States for not less
than $300,000,000 with possible
expansion.
The American credits being ar
ranged for, Mr. Churchill said,
would only be used If and when
required and he did not expect
that It would be necessary to use
them.
The standard rate of the Income
tax will be reduced by six pence
In the pound sterling, Mr. Church-
Ill announced.
With regard to the re-establish
ment of the gold standard, Mr.
Churchill said he would Introduce
a measure providing for internal
treasury notes, as well as Bank of
England notes, which would be
convertible Into coin but only at
tho option of the Bank of Eng
land.
The re-establlshment of the
gold standard, he said, did not
necessarily mean a return to gold
coinage.
Simultaneously with these pro-
(Continued on Page Sfvent
JEWELRY THEFT
Ic Moo: of Salem la In the
city jail with no ball fixed after
arraignment In Justice court on a
tiharse of stealing a quantity of
Jewelry late yesterday from the
Itoy Uurton home. One diamond
ring, a Hold ilnK. a gold watch
end several other articles were
taken, It Is rlleiced, having: a value
o fabut HSO. Moore was arrest
ed by Officers Olson and Hickman.
It Is said he entered the Uiirton
homo under pretext of delivering
a rue. and after he was In the
house found opportunity to take
the Jewflry. Police officers say
he perpetrated a similar theft
about a yenr onu a half s.to by
representing himself to be a mes
senger boy
When arraigned today Moorr
asked time to consult an attorney
and his cane was continued.
The same disposition was made
In Justlre court today of the case
iA Henry Albeis, who Is accused of
stealing; 1R0 cartona of cigarettes
end a esrton of chewing tobsceo
from the Willamette Grocery cum
pany.
9094 Voters are
Required to Sign
For Ref erendums
Referendum petitions filed with
he secretary of state on or before
May 2 H, to be succesful in getting
en the ballot tho measure at
tempted to be referended, mdnt
contain at icv.nt 9094 names, ac
cording to nn opinion handed down
by Attorney General Van Winkle
today In reply to an Inquiry by
Secretary Kozer. This Is 6 per
cent of half the total vote cast
for H. II. Beit. O. P. Coshow and
Percy R. Kelly, who were candi
date for Justice of tho supreme
court, the ballot directing the vot
er to "vote for two."
The Van Winkle opinion says
that the question 1 hard to de
termine, and to be safe the attor
ney general advises the petition
ers to gut 5 per cent of the highest
voto cast for any office, although
the constitution npeclfles Jusllco of
the supreme court.
This provision of the constitu
tlon was, no doubt, adopted be
cause at the time of the adoption
of tho Initiative and referendum
amendment there was but one jus-
T
Nognlcs, Ails., April 2S
Clashes between armed factions In
cities throughout the state of So
nora, Mexico, where municipal
elections were held last Sunday
caused a total of 42 deaths It wuf
announced in leports received by
officiate here last night. Confir
mation of the icports la lacking.
Two men wurp killed in No
galea. Sonora, opposite here, when
a mob plundered the polls two
blocks from the international
boundary. Sixteen were reported
Uilled In Sananca, a towri which
has hardly recovered from the ef
fects of a disastrous fire which
left 2000 homeless there lust
week. Several deaths also are re
ported to have occurred in Magda
lena.
Casualty list are not available
but the reports received here In
dicate that many were Injured In
Hie disturbance.
YEAR IS BROKEN
Tl
With the temperature In Salem
at 80 degrees above zero at 2
o'clock this afternoon, unofficial
Indications were that today would
be at least 10 degrees warmer
than Monday, when the mercury
climbed to 73 degrees, and the
hottcttt day vet recorded during
the year 1925. The Willamette
river, which ros to 9 feet above
normal on April 21. had dropped
to 4.4 feet above normal by 7
o'clock this morning, and was
still falling.
FtoKeburg, Or., Apr. 28. The
highest teniper.itiiro of the year
wna recorded this afternoon when
at 2 p. m. the thermometer at the
government weather bureau sta
tion stood at 85 degrees. The hu
midity dropped from 31 at noon
to 21 at 2 o'clock and a fire warn
ing was Issued to the forest serv
ice and county fire patrol.
Kugene. Or., Apr. 28. Fully
recovered from the rerent mine
and chilly weather. Kugene back
ed today In the unhtne and th
weatherman recorded the hottest
day of tlje year ae hie share. The
mercury cllmhed to the 83
gree mark this afternoon.
UNITED STATES STEEL
PAYS EXTRA DIVIDEND
New York. Apr. 2S DIrertore
of the l'ntted State Hteel corpo
ration today declared the "rpg'J
Ur" extra dividend of 60 cents a
share on the common sfork In ad
ditlon to the regular quarerly
payment of $1.25 on the common
and 11.75 on the preferred -hare
Kxtrs. dividend at thU rate have
have ben paid sine the first
quarter of 1924.
tlce of tho supreme court to be
elected at each election, In which
the whole number of votes and
voters would be the same," any
the opinion. - "In the present in
stance, there being three candi
dates for Justice of the supreme
court and two Justice to be elect
ed, If the presumption be Indulg
ed that every person who voted
for Justice of the supreme court
oxerclsed his full right of suffrage
and followed the direction on the
ballot to vota for two, and each
elector voted for two persons 'as
Justice of the supreme court, the
whole number of persons bo voting
would be one-half of the who'e
number of vole cast for all three
candidates for Justice of the su
preme court." '
Since It is known that all vot
ers would not vote for two the
opinion says:
"The dilemma, therefore, pre
sents itself, which of several things
to do, to rely on the presumption
(Continued on Page Nine)
LINES TARGET
Bend, Or., Apr. 28 R. 8. Ham
ilton, state rcpreeentative fmm
Deschutes county, and R. W. Haw
yer, county Judge, are preparing
an Initiative measure which will
Increase the tax on passenger
buses and freight trucks even
above the scale provided in house
bill 413 on which n referendum
1 being sought.
While the scale to be provided
for In the Initiative measure has
not a yet been decided, accord
ing to Mr. Hamilton, it will be
high enough to make up for the
lot to the slnte during the time
when the law a parsed by the
legislature awaits the approval of
the people.
The backing of all of those in
tho legislature which favorod
house bill 413 and the county
Judges and county commlfsloners,
is said to be behind tho proposed
initiative measure.
RESURRECT OLD
I
Berlin, April 28. The victory
of the nationalists In the prcsi
(ientlal election has been closely
followed by the resumption of th
band concerts In the publl
i'Quures, customary In the duys of
the monarchy and which constate
chiefly of tho rendition of pa
triotic nirs.
At the Wittenberg Plots yester
day nfternoon the hand played the
"Army March No. 8," the "Kolser
Walts." by Strauss, the "Fiederl
eus Kex March," the "Hlark
White and Ited" Imperial flaR
fong anil "Deutsehljnd Uber
Mies."
General Business
Activity In March
On Coast Declines
The hl(;h Irvtl of general bu:d-
ticss nctivitl's reached in this d.-l
trlct during February was not
maintained durln; M-irch, a stn.ill
or thin senKinnl Inrre.iM In tradr
bring owerved n the letter month
s.iys the rrj.ort of John I'errln,
federal ir-serve nnrnt fr the I'a
rlfln roiit. Orowth In volume of
irnde from Mrh. 1924, to Man-h,
1021. Is entimntel to have bet n
pliKhtly Icm than the nonnnj an
nun) lnrreH Incident to growth In
l.npiil.itl.in and radln4 Importance
of the dlotrkrt. Inditntrlnl activity
Iticrea-1 seasonally during M'irch
Lut continued at lower levels than
one ye.ir atto. Tho total volume
of credit eitcnd.-t by renort'ng
memer binki of the difttlct ln-
creafttvl moderately during the
rmnth. as JU b'jvrowlnga from
NON-CITIZENS
MAY DISPENSE
SOFTJRINKS
Supreme Court Decides
Portland Ordinance Is
Violation of Federal
Constitution.
An ordinance of tho city of
Portland prohibiting aliens from
selling soft drink, la held uncon
stitutional la an opinion of the
supreme court today, written. by
justice isurneii in me case of M.
George and other against the
city. The opinion reverses Judge
George Taiue.l of the lower court
for Multnomah county.
The term "soft drink" Is de
fined by tho ordinance to "mean
and Include any drink or beverage
except tea. coffee, milk, cocoa,
chocolate and their direct substi
tutes." "Aside from the five
liiiaks mentioned," says Justice
Burnett, "and the substitute 'soft
drinks,' It would Include anythluz
rotable from ficotch whisky to
Hull Run water."
"Taking the equal protection
feature of the 24th amendment to
the national constitution and the
terms of eectlon 31 of article 1 of
our own state constitution re
specting the privileges of white
foreigners who reside here." sayej
the opinion, It la plan that In
respect to persons proposing to
engage In an otherwise lawful oc
cupation, a distinction based sole
ly on whether the applicant is or
i not an alien. Is not permitted
in this state."
Justice Brown wrote a brief dis
senting oplnlou.
Another opinion today, written
by Justice Belt in the case of
licorge F, Keauo and others, ap
pcllunts, against the city of Port
land, holds null and void the 1'ort
lond ordlnaneu whereby the city
attempted to widen Ladd avenue
;inu bast Morrison street and en
joins tho city from appropriating
the Kcane luml for that purpose.
The appellants are allowed costs
and diebursements. The decreo of
the lower court, by Judge u. F.
b'kipworth dlsmihecd the plaintiffs'
uit for Injunction and the su
preme court reverses that decree.
That portluu of a Portland ordi
nance regulating employment
agencies Is upheld in an opinion
of the supreme court today, writ
ten by Chief Justice McBride in
tho case of A. O. Lyons against
the city, appellant. The opinion
reverses the decree of Judge toula
P. Hewitt of the lower court for
Multnomah county.
Other opinions today were:
William 1. Iloberteon vs. Stat
Industrial Accident commission,
appellant; apiico! from Multno
mah county; suit for award un
der compensation act. Opinion by
Justice Brown; Judge llobert O.
.Morrow affirmed.
Marie Thompson, administra
trix nt estate of Olga Thompson,
deceased, appellant, ve. Union
fishermen's Cj-opcratlve Packing
company; apneal Irom Clatsop
rounty; suit tor damages. Opin
ion by Justice Band; Judge J. A.
Kakln reversed.
8. Orant Leach ve. B. W. Helm,
et nl, appellants; appeal from
Multnomah county; action for
fraud. Opinion by Justice Belt;
decree of Judi;T George Kossman
t"d'fied and efflrmed.
I be federal renerve bank. Interest
rates wore uucha-nged.
Th-j volume of payment hy
chock bank debits) In 31 prin
cipal cltle of thi district, an In
dex of general business activity.
Increased by 10.7 per cent d-iring
March a eoi .net with Febru
nry, a -mn!!r -h.in veanoiul ln
rread-j. Thin bank Index of bank
debits, ndJuKted for nenonnl varia
tion n. tfootl at 11 In Mnrch492S,
!. In February, ms, and MJ In
March. 1124 (IftU monthly nver
ace equals 103!.
Kmployment 9t!UUtl for OtU
forma and Oreson and nn-.atla-Ileal
tlaU fo.' othci stare of the
t'lttrk-: reflect jensonal lncniutxiti
In rtrmn4 for worker during
Mnrch. In mo-it traden and Indus-
(Continued on Page Nine)