Medford mail tribune. (Medford, Or.) 1909-1989, April 13, 1932, Page 2, Image 2

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

    e
PXflTC TAVO
AfEDFORD MAIL TRIBUNE, MEDFOKl). OREGON, "WEDNESDAY, APRIL 13, 1932.
RACKETEERING IN
LIONS CLUB JALK
financial rackets and racketeers
formed the subject of Corporation
Commissioner Jamea Mott'a address
today noon at the luncheon of the
Llon'a club at the Hotel Holland.
The rackets, operated In the atate or
Oregon before hla entrance to office,
he atated, robbed tha Investing pub
lic of between 16 and 2ft million
dollara.
He listed the leading rackeU aa:
Formation of an Insolvent corpora
tion, formation of a, aolvent corpo
ration of which control la acquired
and money diverted through Illegal
channels, and the building and Joan
racket, the one most commonly em
ployed. ' Such racketa, he explained, under
the Blue Bky laws of Oregon, which
are among the most atrlngent In
tha nation, could not exist If the
corporation department were func
tioning properly. At leoat 13. he
said, were operating In Oregon, when
the present administration entered
office. All have been effectively
stopped and all racketeers, who have
stood trial so far, have been con
victed of the financial crime of
which they were accused by the cor
poration department.
All building and loan associations
now operating in Oregon Commis
sioner Mott described aa absolutely
sound. The Prudential will soon be
ready to be turned back to the share
holders.
Building and loan associations, If
oporated In accordance with the lawa
of the state are among the moat
financial organisations In x-
ts enoe. the commissioner declared.
t);iea crookedness and Illegal diver
sion of funds enters the operation of
a building and loan association' It Is
.almost Impossible for It to fall. It
the corporation department la on
the lob It wlU be operated In accord.
ance with the lews of the state, Mr.
Mott concluded.
The racketeers, who have operated
In the atate of Oregon during the
past alx or eight years, he pointed
out, have exerted not only a strong
financial Influence In the atate. but
have wielded a powerful political
whip.
The Guardian Building and Loan
association he classed aa one of the
most outstanding examples of such
a racket.
Mr. Mott was Introduced today
by O. T. Baker, secretary of the
chamber of commerce. Several guests
attended the luncheon and the com
missioner's speech waa greeted with
entbualastl; applause and a request
for hi presence aa apeaker again
in the near future waa voiced.
Invitation of tha Klamath Falls
club to the district convention to be
held then July 13, II and It waa
read and a report on plana tor the
I.ion'a ahow to be ataged at the
Holly was given.
FIREMEN BATTLE BRUSH BLAZE ON LINDBERGH ESTATE
1 t
Y7
', . -r- eV f - Xr,, aw, , r r ..,-7
''''7 1 ' ',-
41
I Ka
AtsectMd PrtsM Photo
Invaatlgatlon of the Lindbergh baby kidnaping halted for few hours at Hopewell, N. J., aa police,
firemen, newspaper men and Col. Lindbergh himself battled a brush fire that briefly threatened the home,
hown In the distinct In the top photo. The origin of tha blue waa not determined.
ASSESSED $5 FINE
Walter Anderaon, 10 years old. waa
fined 5 and costs In Justloe of the
Peace Ray Coleman'a court at Jack
sonville yesterday for driving a car
without an operator's license. The
lad waa given until May 1 to pay the
fine and costs. Anderson was ar
rested at Sixth and Central driving
a coupe containing three other chil
dren ranging from 13 to 10 years of
age.
BOURBON LEADERSISTEIWER TO SEEK
AT
JEFFERSON RALLY
(Continued trora rage One.)
3 J unior High Boy a
Visit Mail Tribune
Three students from the local
Junior high school. Billy Barnum,
lwrenoe Grantham and Herbert
Herbert, vlelted The Mall Tribune
offloea yesterday afternoon to view
the operations concerned In Issuing
the paper.
Learn contract bridob
the modern way. Lessons presented
in an easy, practical form. Summer
course of home study st special rates.
Writ todsy. National Contract Bridge
Studios, 010 Mill St., Portland, Ore.
Minute Men Report,
Gatherings throughout the day and
evening were programmed, beginning
with a session at which ' minute
men" gave John J. Raskob, party
chairman, a report on the situation
In each state.
The orownlng event of the day, a
gala banquet tonight, will have fop
mer Oovernor Smith, Harry Flood
Byrd of Virginia, Governor Ritchie
of Maryland and Senator J. Hamilton
Lewie of Illinois, aa spakere.
All the apeakers on the luncheon
program let loose critical darts at
th) administration tariff and relief
measures, but only one Representa
tive Norton took a fling at prohibi
tion.
Urging abandonment of the prohi
bition bureau, ahe said the "noble
experiment" has cost the American
people 0370,000.000 for enforcement,
not counting the revenue "which
could be had from a legalised tax on
beer and wine; while the oost In mur-
dera. suicides, corruption, crime and
prison and Insane asylum upkeep can
not be estimated."
Closed Minds on Hill.
While all of this Is developing,
ahe added, "the leader of our coun
try la not sufficiently Interested to
even attempt to discover the remedy.
Men on Capitol hill with closed mlnda
refuse to read the evident handwrlt
Ing on the wall."
Taking the "harmful results of
'new economics' aa hla text, Senator
Robinson termed the Hoover relief
proposala as "palliatives, not cures,'
and said financial Institutions had
been alow to avail themaelves of the
privilege afforded by the "Glass
Steagall act, a Democratic measure,"
"due to fear which seems to have
paralysed the bralna of thoaa who
control the sources of credit."
After saying a "nation-wide props
ganda (In 1638) built up the myth
that a letter mailed anywhere to the
'miracle man' would be promptly de
llveYed to Mr. Hoover," the Arkansaa
senator, vice-preeldenttal nominee In
that campaign, said every policy ad
vanced by the Prealden then "la now
generaly regarded aa unsound, and hy
many regarded aa a direct cause of the
depression."
"Everything that Mr. Hoover aald
would happen failed to oocur," he
continued. "Everything that he prom
ised would not occur has taken
place."
PORTLAND. Apm 18 (AP) Sen
ator Stelwer, according to a Wash
ington, D. C, dispatch to the Journal,
eald today he will offer hla amena-
ment for a tax on lumber Imports,
In the shape of an excise duty In
stead of an amendment to the tariff
act. .
Thia atatement waa made follow
ing a conference with President Hoo.
ver. attended by Btelwer ana a. a
Van Duzer and Frank B. Ransom,
Oregon lumbermen. Lumber duties
ss an excise tax on the same basis
aa oil and coal were the subject of
brief discussion.
TOO LATE TO CLASSIFY
for RENT House, furnished or un-
furnished: a bedrooms, sleeping
porch, good garage; on paved atreet
Call Mra. B. E. Green, 33.
WOMAN wanta work any kind. Local
references. Phone 392-Y.
LOST Brlndle bulldog; female.
1409.
Tel.
TWO-ROOM furnished modern, neit.
new, 010.00; Includes garage, lino
West 11th. ! J
rOR SALE Home. It will pay you
to look thla up. Consider trade for
auto or radio. Balance like rent.
Owner. 200 Flrat Natl', Bank Bldg.
WANT Two women for full time ad
vertlalng canvass. Must be neat,
alert, capable: aome sales experi
ence. 309 First Nat'l Bank Bldg..
7:30-11 tonight or 8:30-10 tomorrow
morning.
FOR RENT Furnished house, strict
ly modern; 8 large lots for garden
ing, fine soil; and small growing
garden: 010 a month to ateady rent
era. Across street from telephone
offlo. Central Point, or Tel. 1032-H
evenings
T
BERRIES GO ILL
PORTLAND, April 13. (flj There
was again lack of definite change In
the general butter market situation.
On the open market both cubes and
print were unchanged for the day.
Butterfat market appeara about
steady with the price uniform in
most sections of the Portland trade
terltory.
Trading In the egg market con
tinues to reflect nothing but easiness
generally throughout the country.
There la little change In prices, val
ues being held by the storing of sur
plus by distributors.
Continued stationary valuea are re
flected In the live chicken trade with
the only weakness apparent in small
brollera.
Very firm demand is showing for
California strawberries. Carload lota
are quickly moved. Another one la
due Thursday morning and Is priced
to sell again at 01.70 for 12s.
Markgtf
Llvestocx.
PORTLAND, Ore., April 13. JP)
CATTLE 30, oalvea 10; weak.
HOGS 100; ateady.
SHEEP AND LAMBS 300; steady.
E
To raise money for expenses to ttie
state band contest In Corvallts, mem
bers of the Medford high school band
sponsored an assembly In the school
auditorium today. A large number
of Junior high school students at
tended the program.
Paul Culbertoon was master of cere
monies. The girls' glee club presented
a Japanese song skit, and Harold
GeBauer, senior class president, an
nounced the senior class play "Adam
and Eva,' to be given In the school
and an encore.
.Several sklta were given. In which
Bob Nelson, Adra Edwards, Cecil Ca
nt) I, George Bennett and Max Carter
participated. The Dramatic club was
represented by Dick Sleight and Bob
Nelson doing sleight -of-hand tricks.
George Andrews sang two numbers
auditorium the evening of May 0.
Tile boys octette presented an In
terpretation of a baby show, with
Max Ray being selected winner of
the popularity contest. Other "bub lea"
In the show were Arthur Cook. Dur-
wood Oass, Billy Lyman, Winston
Hotell and Hugh JShurtleff. Bob Nel
son took the part of the doctor, and
Oeorge Bennett the nurse.
In behalf of the local post Amer
ican Legion. 7. Wilson Watt present
ed Oeorge Bennett with an award for
hit excellent record during the year
in public speaking.
Porthnd Wheat
PORTLAND. Ore, Aplrl 13. (AP)
Wheat futures:
Open High Low Close
May .6314 -6314 -02 .02
July .0114 1?4 -1K
Sept. .61 H -61 H .61 .61
Cash wheat:
Big Bend blueatem
Soft whit
Western white
Hard winter
.71
.6114
6114
09 14
Northern spring .0914
Western red 0914
Oats No. 3 white, 022.00.
Today's car receipts: Wheat 31.
flour 11, .hay 2.
Wall St. Report
Sto-k Sale Averages.
(Copyright, 1932. Standard Statistics
Co.)
April 18:
00
India
Today 46.1
Prev. day 46.9
Week ago... 60.8
Year ago..126.3
20
RR'S
21.0
21.1
23.8
90.1
20
Ufa
76.1
76.7
80.1
1878
90
Total
47.5
48 1
61 9
133.8
NEW YORK, April 13. IP) The
stock market failed to overcome Ita
habit of declining today, but selling
pressure relaxed markedly. A few
Issues finished with losses of 1 to
more than 8 points, but most leaders
were off only fractions. The closing
tone waa heavy. Transfers approxl
mated 1,100.000 shares.
Advices of the federal reserve's
fresh credit expansion program and
reports that large banks had been
admonished by reserve authorltiea
against calling of loans, apparently
played a part In the better tone of
the market.
Today'e closing prices for H select
ed stocks follow:
American Can 0014
American T. Ac t. lft7l'l
Anaconda
Curtlss-Wright
General Motors
Int. T. 4s T .
Montgomery Ward
Paramount Pub.
Radio
Southern Pro.
S. O. of Cal
S. O. of N. J
Trans. Am. ...
United Aircraft
U. 8. Steel
814
ll4
ItVfc
8-4
7
4
. 0,
. ir.
17'4
. sir,
. 314
. 10 14
. 33?,
Roseburg. Articles of incorpora
tion filed by Consumers' Refineries.
Ino.
Portland. Local Ford assembly
plant to resume operation soon, em
ploying about 700 men.
Klamath Falls. District freight
and passenger office of Southern Pa
cific moved to passenger depot.
SUPPORT REED'S
NEW TRIAL PLEA
Three additional affidavits In sup
port of Albert W. Heed's motion for
a new trial on the charge he slew
Victor Knott, Ashland policeman, last
November, were filed late yesterday
by bis attorneys, Gus Newbury and
Don R. Newbury. Reed la now serv
ing a life sentence at Salem prison
upon conflctlon of the crime. The
new affidavits are "made by J. W.
Hoxle, Charles Wlmer and R. M. Gtl
more, all resldentsof Ashland.
Hoxle makes affidavit that he ex
amined the tires of the auto wrecked
near Foots creek the morning after
the killing, and they were not the
same tires that left Imprints In 'the
road back of the Twin Plunges in
Ashland. The Foots creek auto was
registered In Reed's name and the
state contended it was- the machine
in which Paul McQuade and "Lee
Jackson," fugitives pals of Reed, es
caped. .
Wlmer avers that he talked to Po
liceman Roy Laytnon the morning
after the murder and that he then
said he could give no description ex
cept that one of the slayers wore a
leather coat and the other a sheep
skin collar coat and both wore caps.
Laymon made positive Identification
of Reed as the "trigger man" who
fired two shots at him as he lay on
the pavement.
G 11 more corroborates the affidavit
of Roy Murphy that he was In an
East Main street, Ashland, hambur
ger stand until a few minutes before
the siren sounded, when Reed en
tered and ordered a cup of coffee, !
drank It and departed. Murphy
Identified Reed as the caller. Gil-1
more does not Identify Reed.
First Forest Fire
Destroys 10 Acres
BEND. Ore.. April 13. (AP) Ten
acres of timber burned Tuesday In
the lower Metollus river country be
fore a forest service crew from Bis
ters trenched It after a hard battle.
It was the first forest fire of the
season.
Roseburg. Roy Catching moved
his factory to Hunter building at In
tersection of Pine and Oak streets.
Klamath Palls. Building permits
Issued here during first quarter of
1932 totaled 961,670.
Portland. Church of Christ, Sci
entist, West Park and Columbia
streets, opened.
tfajAE PRQ
FOR OVER
0 YEA1
Guaranteed pure
and efficient,
USE.
(est than oF high
priced brands.
25
ounces
for 1
25
Crystalglow Kodak glues supreme
fha Peasleya opp Holly theater
San Francisco Butterfat
SAN FRANCISCO. Cal., April 13.-
(AP) Butterfat t. o. b. San Fran-
claco, 30c.
FRIDAY OPENING
DAY PLANT SALE
The plant sale of the Med ford
Garden club will be held In the
sales room of the Sparta building
on Riverside and East Main street
Friday and Saturday of thla weeK.
It was announced today.
Plants, shrubs and bulbs will be
offered and all members of the club
and friends, who have any to con
tribute from their gardens are asked
to donate them to the club aale. A
portion of the eale funds will be
used to buy garden aeeds for needy
families In Medford.
The sale will open at 9 o'clock
ItVlrintf mnrntn. nn4 continue throuch
. 0
Saturday.
Begins Tomorrow!
ADRIENNE'S
PAKf
FOR SALE Feeder pigs. A. M. Tyr
rell. Phone 334-R-3.
WANTED Boy or girl to do light
work In exchange for music les
sons. Write Box 3409. Tribune.
FOR SALE Stock trailers, blaek
amlth forge, log chains, office
chair. Frarler'a Blacksmith Shop,
8th and Fir.
A ACRE3, southern California, sell or
tTade by owner. Phone 887-X.
FOR TRADE S2300 Jackson Co. Bldg.
St Loan stock for small modern
house In Medford. Must be clear.
Phone 1630-J.
FOR SA1.B Wool bags and fleece
twine. Mutual Mill & Seed Co., Inc.
FOR SALE Wool bags and fleece
twine. Mutual MM1 A seed Co., Inc.
CLOSING OUT
ENTIRE STOCK
of LUCAS PAINTS
Red Roof and Barn Paint, regular $2.60. Now, gal. 95c
Gloss Floor Enamel, reg. price $3.70. . .Now, gal. $1.89
Four hour Varnish, regular $4.50 Now, gallon $3.50
Four hour Enamel, regular $5.95. Now, gal $3.90
Four hour Floor Enamel, reg. $3.70. . .Now, gal. $2.95
Outside House Paint, good colors, reg. $2.60, now $2.15
BRUSHES i PRICE
Season Opens April 15
TAKE ADVANTAGE OF THESE
SPECIALS
Allcock Steelhead Flies
While they last, dos
Assorted Spinners
One lot assorted sizes and finishes,
each
60c
10c
COMPLETE OUTFIT
One Rod Reel; 25 dp. silk line; 2 spinners; J -
3 leaders; 1 can eggs; 4 snell hooks. All J) I OU
for
60 yds. 20 lb. test Silk Casting Line 95, coil
28 lb. Braided Waterproof Cutty Hunk, 60 yds., only 50
36 lb. Twisted Cutty Hunk 4()
Come in and look over our complete line of fishing tackle
Waders Boots etc.
Get Your Fishing License Here
llili
lip
In appreciation of their growing olientele and their ,
desire to give their customers every shopping com
fort, Adrienne's are enlarging and completely re
modeling their present shop. They will offer you
one of the most beautiful Women's Keady-To-Wear
shops on the coast a place where you will be proud
to bring your friends. Before opening the new
quarters the following wonderful values will be
featured.
JUST LOOK AT THESE LOW EXPANSION
PRICES TO PREVAIL DURING THIS SALE ONLY
SPRING DRESSES
Group 1 Smart frocks for street, after- A V
noon, and evening wear. Values to $18.05. jk J
Now . r X V
DRESSES
Group II Lace models for graduation, .
aprinp sport and street styles. Values I n QS
to $29.95. Now- V1V "
SPECIAL REDUCTION ON ALL BETTER DRESSES
SPRING COATS
$29.95 values in both sport and dress . -f
styles. Polos, tweed fabrics, spongy S I 00
Owoolens. Expansion sale price...... r X
20 WINTER COATS OA
Values to $S9.50. Expansion sale C U jJO
HATS
Rongh and smooth straws Crocheted lints.
All headsizes.
Values to S.05. Now $3 95
Values to $3.95. Now $1-95
Discount on Better Hats.
Snyder Knit Suits
New spring shipment. Two and three
piece in nil smart new blues, greens,
yellows, rose and white.
.$22.30 values .
$29.95 values
$1695
$2500
SPECIAL
Your Choice
50c
Beads, Bracelets, Necklaces, Earrings,
Belts. Valuea to $2.95. Now .'..50d
Woods Lumber Co
ADRIENNE'S
Hubbard Bros. Inc.
Since 1884
"BACK TO THE WOODS"
E. Jackson ftt Genesiet
Phone 108
NO EXCHANGES
NO APPROVALS
NO REFUNDS P