Medford mail tribune. (Medford, Or.) 1909-1989, April 21, 1932, Page 1, Image 1

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    k
The Weather
Forecast: Tonight and Friday fair,
with heavy frost tonight.
Temperature:
Highest yesterday 61
Lowest this morning....... 35
Mail Tribui
A Guarantee
A. B. C. circulation Is the cream
of circulations, lth a guarantee of
both quality and quantity. This
newspaper sells A. B. C. circulation.
m
MEDFORD
Twenty-Seventh Year
Comment
on the
Day's News
By FRANK JENKINS
THE Interstate commerce commis
sion, whose business at first was
to regulate and restrain the railroads,
but whose present big Job la to save
them from bankruptcy If it can, rec
ommends that trucks and busses, as
well as Vie railroads, be regulated
by law.
WHAT do you and, I, who are Just
common, ordinary citizens, think
about that? The chances are we
don't think much about It, one way
or the other; regarding it as some
body else's problem. (
But if WE were in the grocery
business, and were strictly regulated
by law and were told exactly what
we could do and what we couldn't do
and how much we could charge for
w.hat we had to sell and Just bow
much we must pay our employees,
whereas our competitor across the
street WASN'T regulated, but was
free to do as he pleased, cutting prices
whenever he chose and paying bis
help what he liked, we would do a
LOT of thinking about it.
And we would want our competitor
regulated by law, the same as we
were, so that he would no longer
have an advantage over us.
HERE is a statement with w.hlch
most thinking people will agree:
If toe railroads aren't permitted to
help themselves out of their present
difficulties, their financial troubles
will get so bad that the government
would have to lake them over. That
would mean a fundamental and tre
mendous change In our institutions.
This writer, for one, doesn't want
to see that happen.
XJOT long ago the Sutherlln gun
club released a number of wild
turkeys in Douglas county, hoping
that In time they would propagate,
aa the Chinese pheasant has, and
thus provide a new and attractive
sport for Southern Oregon.
A few days ago three men from
an adjoining county were arrested
and charged with killing these re
cently released and still quite tame
birds. They pleaded guilty.
It takes all kinds of people to make
a world, doesn't it?
fVREGON'S fish and game are
among the most important re
sources of this state. They mean a
great deal to you and me, whether
or not we ever hunt or fish.
They mean a great deal for this
reason. They bring people here from
other states to enjoy our great out
doors. These people spend money
when they come. The money they
bring here and spend helps to offset
the money we SEND OUT OP ORE
GON for such tilings as automobiles
and tires and gasoline, thus adding
to our bank deposits and providing
more credit with which to do busi
ness and provide employment.
So, If we are wise, we will not
waste these resources w.hich, If right
ly used, will add to our prosperity.
-
IN THIS year of 1932, which doesn't
rate as a very active year, this
country will spend for new highways
a little better than a BILLION AND
A THIRD dollars. This figure la
vouched for by the federal bureau of
public roads. In the same year we
shall spend for new automobiles to
run on these roads at least a billion
dollars more.
A lot of gloomy people try to tell
us thst the day of BIO THINGS In
this country Is over. Spending two
and a third BILLION dollars In a
bad year for new roads and new
automobiles to run on them doesn't
sound much aa If the day of big
things in this country is over, docs
It?
Don't pay much attention to
gloomy talkers. They never did any
body much good.
CM. Goethe, president of the
California Immigration Study
commission. Is traveling in Africa. In
a letter to thia writer he describes
the unbelievable mixture of races In
Morocco, where for centuries slsves
of every race ha'.e been persistently
imported. He adds:
"T;ieae Imported slaves have not
been inclusively male. The demand
has included women for the harem.
A pronperdm A'. may nsVe as wives,
say, a crit.n captured and
(Continued oo Pigt 6u
n nn
ST.
ACTIONS IN CASE
Approached Matter With
Open Mind and Spirit of
Fairness, Is . Declaration
in Refusal of Leniency
SACRAMENTO, Cal.. April 31.
(AP) Governor James Rolph, Jr.,
refused today to grant the pardon
plea Mayor James J. Walker and
others of New York made last De
cember on behalf of Thomas J.
Mooney. convicted Ban Francisco pa
rade bomber.
Commenting on his decision the
governor first reviewed hla study of
the case and stated he approached
the hearing of Mooney's pardon ap
plication, presented by Mayor Walker,
"with an open mind" and "In a
spirit of absolute fairness and with
out any bias or prejudice of any
kind against Thomas J. Mooney."
Thorough Study Made. ,
He stated Judge Matt I. Sullivan,
bis legal adviser, made a thorough
study of all evidence available In
the case and rendered a report set
ting forth basic facts, "material to
the application, disclosed by our in
vestigation." The governor recalled that Mooney's
case had been presented to the state
supreme court on four occasions and
once to the United States supreme
court.
He also recalled that three gov
ernors preceding him, Governor
William D. Stephen. Governor
C. O. Young denied Mooney's appli
cation for a pardon.
"For the reasons Indicated." the
governor stated, "the application of
Thomas J. Mooney for & pardon Is
hereby denied."
BAN FRANCISCO, April 21. (AP)
Governor James Rolph's decision
on the pardon application of Thom
as J. Mooney marked the climax
of a 15-year fight which started
with the conviction of Mooney and
Warren K. Billings 'on charges of
bombing the San ' Francisco Pre
paredness clay parade of 1918. The
controversy over Mooney's convic
tion became International In Its
ramifications.
In the early stages of the fight
President Woodrow. Wilson and other
high officials of the government
were among those to add their
voices to the demand for executive
clemency for Mooney. Trial Judge,
Jurors, lesser prosecuting officials,
private citizens and organized labor
sought vainly to have the state
give Mooney another chance to vin
dicate himself by trial or to per
suade three governors to grant ex
ecutive clemency. Except for a clra-
mutation of Mooney's death sen
tence to life Imprisonment, all these
were unfruitful. i
Walker Takes Interest
Then Mayor James J. Walker of
New York City; Frank P. Walsh,
veteran criminal lawyer, and attor
ney for Mooney. and Aaron Saplro,
noted New York and San Francisco
barrister, appeared In a publlo hear
ing before Governor Rolph here
Dec. 1. 1931 to plead for an uncon
ditional pardon.
Mayor Walker was accused by
some sections of the press of being
"Impudent" and of having ulterior
motives in leaving his own city
where two Investigations of his ad
mtnlstraton were in progress, and
(Continued 'on Page Four)
EMPIRE HEARING
NEARING CLOSE
DALLAS. Ore.. April 21. (AP)
Defense witnesses took the stand for
the first time this afternoon follow
ing a lengthy argument between at
torneys in the trial of Frank J.
Keller. Jr., ex-offlcer o. the Empire
Holding coporation, who is charged
with devising a scheme with Intent
to defraud, after Circuit Judge Arlle
O. Walker denied a motion for a di
rected verdict made by Frank Loner
gan. defense attorney.' The defense
will complete- its case "early tomor
row afternoon at the latest," Attor
ney Loncrgan told the court.
Car Fails to Stop
When Strikes Ford
Ray Althem'a Ford car was badly
damaged when knocked off the high
way at the Midway Intersection last
night, state police reported. No one
was injured in the crash. According
to the police, the Ford was struck
by a green sedan, which did not stop.
15 Killed When
Roof Collapses
BASTIA. Corsica, April 3!.-(,ry-Kiftetn
persons, .ncludln two t
torneys. were killed In the collspse
of a celling In correctional court at
the Palace or Jmtlce Kxlsy while a
trial was In piocrfwi, The accident
occurred when the roof caved In and
curled two floors with lb
SffilfiliWEFiil!
i : :
Freedom Hope Shattered
Recent picture of Thomas Mooney, showing alleged preparedness day
bomber after 15 years' Incarceration in San Quentln prison.
BITTER ATTACK
T
SAN FRANCISCO, Cel., April 31.
AP) Tom Mooney, who was denied
a pardon by Oovernor James Rolph,
Jr., today said in a statement Issued
by the Tom Mooney Moulera Defense
league that he "had no chance, what
ever of receiving a fair and impartial
hearing from representatives of as
unprlnclples a bunch of pirates as
ever scuttled a ship."
"The cards were stacked and the
dice were loaded against me," the
statement aald. "Thia decision proves
the utter impossibility of any mili
tant worker ever securing Justice at
the bands of capitalist-controlled
governors and other politicians.
"Governor Rolph and his advisers
did not base their findings on the
facts of my frame-up but merely
carried out the bidding of their mas
ters, men represented collectively by
the chamber of commerce, and In
dividually by personst like Herbert
Flei ah hacker, Harry Chandler, Robert
Dollar, Frederick Koster and William
Crocker,
- "Capitalist class hatred and preju
dice demands the life of Tom Moon
ey, a militant worker In the work
ing class. The Issue Is so clear cut
that a blind man can ace through
It. It is a clasa motive, and along
these lines It shall be fought out In
the future."
L
STOCKTON, Cal., April 31. yp)
Police of northern California today
had' Joined In an Intensive hunt for
a 39-ycar-old father accused of kill
ing a country school teacher near
here yesterday during a quarrel over
the man's two children, who were
pupils at the school.
The man, Tom Coumas, la alleged
to have shot and killed Mrs. E. A.
Taylor, about 45, at the Castle school,
13 miles south of here. After shoot
ing Mrs. Taylor, officers said, the
man turned -hla gun on the school
Janitor, W. J. Duval, who was wound
ed in the face and in one hand.
Authorities said the tragedy took
place before the pupils of the little
school, and Coumas also fired at the
Janitor's wife, who was present.
He was reported to have escaped
In a green automobile.
HOPEWELL. N. J.. April 31 (AP)
The 51st day of the Lindbergh
kidnaping mystery today saw Colonel
Charles A. Lindbergh, his emissaries
and the police atlli working behind
a screen of aecrecy from which there
csme no Indication that the return
qf Charles A. Lindbergh. Jr., la any
nearer.
Development were scanty. Dr.
John F. Condon, the 'Jarle' who
made the futile M.000 ransom
payment, went for an automobile
ride In the vicinity of Spuyten Duy
Til. New York, yesterday. He was
driven by Al Reich, former prlze
f:ehtr. who is acting a hla guard,
but the purpose of the drive wti
not disclosed.
MEDFOUD, OHE00N, THURSDAY, AFRIL 21, 10:?2.
AssociMd Ptmm Phot
ORCHARDS READY
TO FIGHT HEAVY
FROST TONIGHT
General concern waa felt today by
the orchard lata over the forecast of
thia morning by the regular weather
bureau of a heavy, frost for Aledford
and other parts of the valley for to-
night and Friday, and It was the
general hope that weather conditions
might be so changed by 8 o clock to
night, when Roy Rogers, the govern
ment frost expert stationed here,
gives out his forecast, the alarming
situation will be altered.
Nevertheless, the orchard is ts which
smudge were making every effort
throughout the day to meet whatever
condition arose during tonight and
early tomorrow morning arranging
for plenty of smudge fuel and to
have their smudging crews ready for
quick summons.
It Is claimed that the pear crop
Is so far advanced that It can only
stand a temperature of 30 degrees
above without damage.
Cloudiness all last night warded
away the predicted fost yesterday for
then, the minimum in the Medford
vicinity being only 35 degrees, and
several degrees leas than that In the
colder located orchards.
OF
STUNNED BY DENIAL
SACRAMENTO, Cal., Aplrl 31.
(AP) Mrs. Mary Mooney, 84-year-old
mother of Thomas J. Mooney,
whose pardon appeal was denied by
Governor Rolph today, was stunned
when told of the governor's action.
She waa seated In a room adjoining
that used by the governor for his
announcement and did not hoar the
words from his own lips.
BASEBALL
RESULTS
Amerlran
R. H. E.
Philadelphia 8 8 2
New York .. 8 s 1
Mahaffry, Walberg and Cochrane;
Ruffing, Plpgras and Dickey,
n.
H. E.
3. 1
Boston
Washington
.. 1 3
.. 0 10
1
RnsKell, Moore and Connelly;
Crowder, Marberry and Hpencer, Berg.
R. II. E.
Detroit 6 6 0
Cleveland 3 7 1
Sorrel), Hocsett and Mayworth;
Harder, Hlldenrand and Myatt.
National
R. II. E.
New York 8 10 1
Philadelphia 4 8 0
Pit7simmons and HoK.n; Holley
and McCurdy.
n. h. e
1 Brooklyn . 3 7 3
j Boston 8 10 0
Clark, Helmach, Qplnn and Lopez;
Zachary, Cantwell and Spohrcr,
R. II. E.
Bl. IxjuH 6 14 3
Plttsburuh 7 17 3
Derringer. Dean. Trey and Wilson;
Harris, Brame, Preach and Ursce.
GOTHAM POLICE
Disorder Breaks Out During
Demonstration for Jobless
Relief 'Down With
Walker' Shout Resounds
NEW YORK. April 31. (AP) Dis
order broke out this afternoon at a
demonstration for unemployment re
lief at city hall when a group of
several hundred communists broke
through the police lines. Police In
stantly charged the crowd and black
jacks and batons were swung repeat
edly on the heads of demonstrators.
The demonstration had been in
progress an hour w.hen the disorder
broke out. Police had made no at
tempt to Interfere as the demonstra
tors, two abreast on the sidewalk,
walked around city hall park. They
carried banners and many shouted
"Down with Walker" and "No work,
no rent."
Suddenly the group of several hun
dred broke through the police lines
at Park Row and the plaza. In
stantly, at a signal from their com
manding officers, reserve patrolmen
and mounted policemen swung into
action and charged Vie crowd.
Mounted police rode down the side
walks, driving running pedestrians to
the streets.
PHILADELPHIA, Pa.. April 13.
(AP) A score of persons were in
jured and 33 others, six of them wo
men, were arrested today when po
lice broke up two groups of marcher
In what was termed by authorities
"a plot to mass radicals for a march
on city hall."
The disturbances broke out within
a block of city hall when a parade
of about 200 marchers, w.ho said they
belonged to the "Workers' Ex-Servlce
Men's League, Philadelphia Post No.
1," refused to obey a police order
to disperse.
Policemen, swinging riot sticks and
blackjacks, charged the workers and
sent them scurrying In all directions.
BY TERRIFIC WIND
LOS ANGELES, Cal., Aplrl 21.
(AP) King Winter, playing a belat
ed encore on the Pacific coast, left
blizzards, snow, cold rains , high
winds and badly Interrupted ship
ping and air schedules in various
sections of the territory today.
The brunt of the storm apparently
struck southern California coastal
areaa where numerous fishing boats
were destroyed when driven ashore
by a wind that reached a velocity of
50 miles an hour. No lives were lost.
The coastwise steamer Yale and
the navy anker Neches scraped sides
in the harbor at San Pedro when the
passenger ship became uncontrollable
in the high wind. Slight damage
waa done.
Although the wind had died down
cnnlderably this morning, coast guard
cutters were endeavoring to save the
fishing barge Melrose, which snapped
its anchor during the night and was
drifting toward the rocks near Ban
Pedro. Five men are aboard the ves
sel and fear for their safety was felt
if the vessel went on the rocks.
The high wind In southern Cali
fornia delayed regular shipping and
air schedules, many air lines calling
off scheduled trips and steamships
arriving hours late. A heavy sea was
running.
In the northwest section of the
coast light snows were reported in
the mountains and high winds in the
lowlands. In Idaho a blizzard raged.
As far south as Truckee, In the
mountains west of Reno, snow was
reported.
4
STRIKES ALBERTA
CALGARY. Alta., April 31. (API
Spreading over the entire province
of Alberta, with Its biting snow and
wind of cyclonic proportions, Vie
worst blizzard In 30 years cut loots
yesterday and maintained its fury In
only slightly diminished volume to
day. Driving out of the northwest sec
tion, where heavy snowfall and rain
occurred, the storm lashed through
th bruh country of the foothills
and In an easterly direction toward
Saskatchewan, where dust storms
had prevailed the previous 34 hours.
WASHINGTON, April 31. (AP)
The house economy committee struck
from President Htxver" retrench
ment prrmrsm h prooposal to sus
pend operation of ship lines by the
shipping board on January 1, 1933,
ALIENIST DELAYS
TRIAL OF MASSE
Resumption of Honolulu Pro
ceedings Scheduled Sat
urdayDefense Case Is
Finished Darrow Hopeful
HONOLULU. April 31. (AP) A
delay until Saturday of the trial of
four persons accused of lynching
Joseph Kahahawal was ordered by
Judgo Charles 8. Davis today in
order to give a prosecution alienist
time to examine Lieutenant Thomas
H. Massle, who admitted responsi
bility for the killing.
HONOLULU. April 31. (AP) Hav
ing been turned momentarily into
a spectacle of wrath by the witness
stand outburst of Mrs. Thalia Mas
sle, the trial of four persons accused
of lynching Joseph Kahahawal reach
ed the beginning or Its epilogue to
day. The white spark of fury which
flashed first from the witness and
then In turn from Judges and prose
cutor yesterday not only signalized
the end of Mrs. Maasie'a tear drench
ed story, but also marked the finish
of defense testimony designed to
clear her husband and three others
of a second degree murder charge.
With Mrs. Massle's story ending
the defense's case, the prosecution's
rebuttal was In order.
Prosecutor Kelley expressed the
belief the trial would end tomorrow.
"We are through." Darrow said
last night, with respect to the de
fense's side of tno case.
BALLOT BID US
BY LARGE MARGIN
Printing of tn bsllots for the pri
mary election May 20. was yesterday
awarded by the county clerk's office
to the Mall .Tribune commercial
printing department on competi
tive bid, for $250 the low bid. The
other bidders were the Dally News
Publishing company, who submitted
a bid for 307.e7, and the Marshall-
Smlth-Leonard printing concern with
a bid of t359.eS.
For several trs the county clerk's
office has apportioned the ballot
printing betweon the Mall Tribune
Job department and the Dally News
the Mall Tribune being given pri
mary ballot printing and the Dally
News, the printing of the fall bal
lots. In 1028. when the Dally News was
launched. It was assigned the print
ing of the general election ballots,
and received therefore the sum of
$841.40, according to the county
clerk records. The same year the
Mall Tribune was granted the pri
mary ballot work, and received in
payment the lesser aum of $565.05,
In 1030, the Dally News received
$842.15 for the general election bsl
lots, and the Mall Tribune $647.15
for printing the primary ballots.
The marked saving to the ta
payers thia year, Is generally at
tributed to the Introduction of com
petitive bidding, the decline In pro
duction costs, and the fact that
nearly half of this yoar's ballots are
of a much smaller size, as a result
of the Introduction of the non-partl-
san supreme court ballot.
The primary ballots for each elec
tion consists of two sets, one for the
Republican party and one for the
Democrats, with official and sample
bellow for each party. In printing
the primary ballots, the law says:
When two or more persons are
csndldates for th enomlnalton to the
same office, the county clerk shall
divided the total number of ballots
Into sets so aa to provide a substan
tial rotation of all the names of the
respective candidates, beginning with
the form arranged In alphabetical or
der, thereafter rotating by removing
one name from the top of the list,
fo- each nomination or office, and
placing aald name at the bottom of
the list for esoh successive set "f
balots.
This Is done so the name of each
candidate, regardless of the number
of candidates for sac office, shall
appear at the head of the Hat on
a nequal number of ballots. Thia
necessitated rotating names on 13
different offices In 1028 on the Re
publican ballot and four different
piacej on the Democratic. Changes
were also made for each of the 58
precincts In the county on each
party ballot. This required a great
deal of additional time and care and
mi all done by the Mall Tribune
lob department.
At the general election there la
only one ballot, not two as In the
primary the name of party candi
dates all appear on the one ballot
and there Is no rotating of names
aa on both primary ballots, and bo
ohanges are made on the ballot, ex
cept the names of the precincts,
which Is also dune on the primary
ballots.
w 1 . I
!l 1 1
Engineer Dies
At Throttle Of
Speeding Train
SARINA, Ont., April 31. (AP)
Alex Bond, 63, engineer on a
Chicago to Montreal Grand Trunk
I passenger train, died today with
nis nana on the tnrotue as nis
train speeded 60 miles an hour
toward Strathroy, Ont,
Samuel Falconer, also of Sa
rins, an engineer acting as fire
man, saw Bond slump In his seat
in the cab, took the throttle and
stopped the train without pertl
to passengers.
T
E
OF
FLIER
L BE
MIAMI, F!a.. April 31. p) Haden
Clarke, 31, aviation pilot and free!
lance writer, died today from a bul
let wound he received shortly before
dawn at the house where he waa liv
ing with Captain W. N. Lancaster,
former British flier, and Mrs. Jessie
M, Keith-Miller, Australian avlatrlx.
Mrs. Kelth-Mliier and Lancaster
were held for investigation. .Each
expressed belief Clarke attempted to
take his own life. Similar belief was
expreseed by hla mother, Mrs. Ida
Clyde Clarke, Instructor in journal-
Ism at the University of Miami,
Mrs. Clarke said her son had wor
ried about finances, and she was in
formed he left a note to Mrs. Keith
Miller, stating he could not stand
"the economic pressure," and asking
her to sustain his mother In her
grief.
Clarke had cooperated since short
ly after Christmas In the preparation
by Mrs. Keith-Miller of her life
story.
A pistol found under Clarke's body
waa Identified by Lancaster as his
GRASS VALLEY, Cal.. April 31. fP)
Police here today said the mystery
of the death of John Weeks, 64-year-
old rancher, whose body was found
In an abandoned mine ahaft, had
been cleared by a confession of the
man's 18-yew-old son, Henry Weeks
The son, Sheriff O. h. Carter aald,
confessed aa he carried on a game of
checkers with his cellmate In the
county Jail. He had been arrested
on a charge of stealing automobile
tires.
Search for the elder Weeks, who
bad been missing since March 18,
ended with the finding of the body
in the abandoned shaft yesterday.
Sheriff Carter said the son admitted
he threw the body In the shaft.
The youth, the sheriff said, declar
ed he shot his father after the latter
threatened him with a rifle during
an argument at tha Weeks' ranch,
and then used a truck to carry the
body nine miles to dump It in the
shaft.
ENTRY ASSURED
Assurance that opening of the Med
ford entrance to Crater Lake park
will start tomorrow was received here
last night by C. E. Gates, through
conferences with the state highway
commission and the Crater Lake park
service.
The snowplow left Klamath Palls
this morning, according to th re
port, and will start work at the
Union Creek end of the snowbound
road tomorrow morning. The west
ern entrance will be open Tuesday.
It was stated.
The state snowplow crew will work
from this end of the road and the
park service from the lake to the
park boundary. A distance of 14
miles Is to be cleared.
Pinal confirmation of this action
was received by Mr. Oates through
telephone messages last night. The
county will assist park service and
stats In the program.
AT
Mrs. Lulu Strohmeler, wife of Kd
Atrohmeler, and a member of one of
southern Oregon's best known pioneer
families, died at her home this after
noon following an Illness of several
months.
A complete obituary and fumral
announcement will be mada by ferl's
Funeral Uom tomorrow.
QUARREL
No. 2fi.
DAWES CONDEMNS
BONUS PAYMENTS
IN FIATJORRENCY
Such Issue Would Have
Disastrous Effect On
Country's Currency, De
clares General at Hearing
WASHINGTON, April 31 (AP)
In characteristically forceful lan
guage. Charles G. Dawes condemned
demagoguery today before the house
ways and means committee to pre
sent a powerful plea against full
payment of the bonus.
He called Wall street a "peanut
stand" and aald too much stress
was laid upon Its activities, while
the mass of the people was becom
ing more optimistic.
Withdrawals Cease.
Withdrawals from banks have
ceased, Dawes said In outlining the
operations of the reconstruction cor
poration which he heads.
He warned that inflation of the
currency would have a disastrous ef
fect upon the nation's monetary and
credit system. The two billion- dol
lar bonus would be paid in new
currency under th Patman bill,
which he opposed.
Dawes said that up to April 10.
the reconstruction corporation had
loaned $343,248,000 to 1630 banks
and trust companies.
Dawes said the purposes of the
corporation was the relief of the
people of the United States,
Loans Reviewed.
"The method congress chose waa
loans to 13 types of institutions."
Dawes rapidly reviewed loans by
his corporation stressing that of
tne total loanea to names 33 per
cent waa to banka located In towns
with less than 10,000 and 68 per
cent In towns of leas than 100,000.
Reading with dispatch a mass of
figures, Dawes raised hla voice to
say:
"There has been some comment
to the effect that the reconstruction
finance corporation favors large
banks aa opposed to- small banks.
The Important thing to the recon
struction finance corporation is the
number of depositors affected."
He discussed the Missouri Pacific
Railroad loan of 917,100,000 of which
fi.8S0.000 went to New York banks.
Including J. P. Morgan & company.
Rail Loan Secured.
Pounding the table. Dawea said:
"Payment of thlr loan held by
New York banks had been demanded
and an extension refused. The loan
to the Missouri Paclflo company
was approved by the Interstate com
merce commission and In the Judg
ment of the reconstruction finance
corporation la adequately secured.
It was made upon what is re
garded as a safe and reasonable
business basis, not primarily for
the benefit of the railroad company
or the banks as such, but for the
benefit of the thousands of Investors
In the bonds and securities of the
railroad and In the general public
Interest."
When he concluded reading a pre
pared statement on the status of
the corporation, Rep. Ratney asked
whether the corporation "would
come out with a loss or profit.
(Continued on Pane 81i)
Locate Body Of
Timber Cruiser
WILLAMINA. Ore., April 21. (AP)
The body of William Unlcum, 80,
who disappeared Sunday, was found
In Rock Creek Wednesday. Unlcum,
chief cruiser for the McCormlck
Lumber company In the Grande
Ronde district, apparently had slip
ped while attempting to cross the
creek and had fallen on the rocks
In the atream.
WILL-
ROGERS
P.gys:
BEVEKLV HILLS, Calif.,
April 20. Today's news feat
ured two items in trie same
column !
"Monto Carlo fails to pay
dividend for first time."
"Wall Street investigation
still carried on."
The sennto has been investi
gating Wall Street for 10 days
and all tlicy found out is that '
the at rent is located in the
sharp end of Now York City;
that not only the traders but
tho street itself is short; that
neither end don't lend anywhere-
M.N.okl 1.MK.I. he .'
mi