Medford Ma
Paid-Up Circuiattoa
who P? for i&ait oewspapaa
sr b oe pzoapeeZt lot tit adsr
iUar i. 8 O -:.-cult!oo is 210
a? sl.-Ciialion. Fats Qewapr it
i. a. O.
Twenty-Seventh Year
MEDFOED, OREGON, FRIDAY MARCH 10t 1333.
Ml
K!
The Weather
Forecast: Rain tonight and Satur
day. Little change in temperature.
Temperature:
Highest yesterday ft?
Lowest tlili morning ,... SI
IL TRIBUNE
HETI
o(W IB1IT
Comment
on the
Day's News
By FRANK JENKINS. ,
PRESIDENT ROOSEVELT a ska, anl
RECEIVES, practically dictatorial
power to "open forthwith such bania
as hate already been ascertained to
be in sound condition- and other
such banks as rapidly as possible; and
authority to reorganize and reopen
such banks as may be found to re
quire reorganization and put them
on a sound basis."
WHAT does that mean?
Nobody at this moment can say.
But it must mean that some banks
will reopen almost immediately and
that others will not.
That raises another question: What
will happen to the banks that DON'T
open?
OBVIOUSLY enough, the mark of
doubt will be placed upon them.
Such confidence as existed in them
before will be gone. If they under
take to reopen, they must face runs.
Unless they have money enough on
hand when they ARE opened to pay
their deposits dollar for dollar, they
will fail.
If they fail, confidence In the
bsnking sltustlon will be still further
unsettled.
AS THESE words are written, the
whole situation Is in doubt. But
remember this:
The purpose of this emergency
legislation Is to RESTORE confidence
in the banks not to destroy it ut
terly. If these banks that are not
permitted to reopen Immediately are
permitted to fall, with consequent
further loss to depositors, confidence
in the banks will be gone.
So It must follow that plans are in
mind to PREVENT the failure of theas
hanks that are not reopened imme
diately, '
Otherwise, the whole program win
be futile. Confidence- In the bank
ing situation CAN'T be restored by
permitting further banks to fail.
SO, AS these words are written,
which is late Thursday evening,
about all that ean be said Is that
we must keep our heads and retain
confidence in the new leadership that
has taken control of financial affairs
In this country.
Its purpose, as we know, la to re
store confidence. Confidence cant
be restored by permitting further
banks to fall, with consequent losses
to stockholders.
So there must be confidence Iri the
minds of these leaders that the steps
they have taken will PREVENT fur
ther failures.
With that assurance we must re
main content until we know mere.
JUST what has taken place already?
Well, it is obvious that INFLA
TION of the currency, long talked of.
has finally been brought aboufe. That
fact la reflected In rising prices of
basic commodities, such as copper
snd sine.
Why do prices of these commodi
ties rise? It must be because people
feel that the value of money has
been lowered, so that more of it
must be obtained In exchange for
commodities offered for sale.
That Is what Inflation of the cur
rency, which means making money
cheaper, means.
4--
T1LL that do harm or good?
If It la generally agreed that
rle In prices of basic commodities
would be a good thing for business.
If inflation can bring about such
rise, and check it in time, so that it
will not go too far, the effect in the
way of stimulation of business ac
tivity will be exceedingly beneficial.
The new currency Isn't fiat money.
It to backed by definite, TANGIBLE
assets. As It serves Its purpose, It
will be retired.
It accomplishes what is known as
controlled Inflation. So there is great
reason to hope that it will be bene
ficial. HOW does Inflation work:
Well, here Is an instance: A
business man remarked yesterday
morning to his wife: "I see that in
flation money is finally here." And
she answered: "If that's true, let's
tnke our money and take a trip be
fore the cost of travel goes up.
Thai is to say: Let's spend our
money while it will still buy a lot
of the things we want.
IP- EVERYBODY feels that way about
it, people will want to spend their
ifCocttnued on Page $igbj
ROOSEVELT ASKS WIDE POWERS
IN EFFORT TO HALT COUNTRY'S
LONG-CONTINUED DEBT PLUNGE
Message to Congress Says Immediate' Action Imperative
Would Cut Six or Seven Billion From Payments to
Ex-Service Men and Federal Salary Roster Budget
Balance Possible Within Year Protests Flood Solons
WASHINGTON, March 10. (AP) Senator Robinson of Arkansas today
introduced the administration's sweeping economy, bill providing for
sharp cut In veterans benefits and federal salaries. Including members
of congress. He estimated It would save "in excess of 00,000.000.
PORTLAND, Mar. 10. (fl The
President's proclamation extending
the banking holiday, left operation
of Oregon banks in the same condi
tion it has been for the past three
days, according to federal reserve f
ftcers here and H. V. Alward, presi
dent of the Portland clearing house.
Even before word reached Portland
that President Roosevelt had extend
ed the holiday period indefinitely.
Governor Meier had proclaimed to
day and Saturday leai holidays, con
tinuing the period that began March
2.
WASHINGTON, March 10. (AP)
President Roosevelt called upon con
gress today for dictatorial power to
reduce veterans costs and federal sal
aries, promising that if it complies,
"there is reasonable prospect" for a
balanced budget within a year.
The Democratic phalanx of house
and senate, though not without dis
sent, set out at once to do his bid
ding, expecting thereby to have hun
dreds of millions saved the treasury,
which the president said will have
piled up a five billion dollar deficit
by June.
"I am pointing a definite road,"
declared Mr. Roosevelt, and asked that
he be allowed to take it "at once
without even waiting for the begin
ning of the next fiscal year.
Dispute Looms.
Even before the message could be
read to senate and house, threats of
a determined dispute were in evi
dence. House Democratic leaders ar
ranged , tn, ,hinrtjtha4r.pepooderant
majority in caucus to get the bill
through by Wednesday, if possible.
After hearing President Roosevelt's
second message, the senate today re
cessed until tomorrow to carry out
the program.
The new legislation, as recom
mended by- Mr.- Roosevelt wilt lay
down broad principles for pensions
and other veterans' benefits, but will
rest with him the important au
thority over administrative details.
He wilt aim to slash costs caused by
compensation for non-service con
nected disabilities.
"We are unanimous, he said, "in
upholding the duty of the govern
ment to care for those who suffer in
Its defense and for their widows and
orphans."
Protest Hasty Action.
American Legion posts and other
veterans organizations flooded mem
bers of congress with protests against
moving at this time to grant such
wide powers as sought by the presi
dent; but Democratic leaders ex
pressed confidence he would have his
way eventually.
As to salary cuts for federal em
ployes, hs sought repeal of the pres
ent furlough plan and proposed
flexible authority for himself to
adjust compensation.
At the capitol. Speaker Rainey told
reporters the president .expected to
reduce government coats between six
and seven hundred millions, If con
gress gives him the authority sought.
As to the present billion dollar
outlay annually for veterans, Mr.
Roosevelt was said to expect to re
duce It over 279,000.000; reduce sal
aries about $135,000,000, and to ef
fect savings in reorganization of bu
reaus in excess of 1200.000.000.
Must Put .tottse in Order,
In his message, slightly longer than
that record brief one of yesterday
asking the banking law. the presi
dent based his argument for the new
power on the importance of main
taining governmental creo't, saying.
"Our government's bouse is not in
order and for many reasons no ef
fective action has been taken to re
store it to order.
"Upon the unimpaired credit of the
United States government rest the
safety of deposits, the security of In
surance policies, the activity of in
dustrial enterprises, the value of our
agricultural product and the availa
bility of employment The credit of
the United States government defi
nitely affect these fundamental hu
man value. It, therefore, becomes
our first concern to make secure the
foundation. National recovery de
pends upon It."
SAW FRANCISCO, Mar. 10-
State officials and bankers of the far
west moved to adjust their plans with
national developments in the banking
situation today.
Governors of states in which local
bank holidays would hare expired ex
tended Che moratorium periods, in
most oases permitting limited with
drawal of deposits, to conform wtth
President Roosevelt's new proclama
tion. Probabili ty of im med ; a te issuance
of clearing house certificates on any
wide scale faded from the picture.
The 1x5, Angeles clearing house asao- f u, proved that confidence and
c:iion, which Had prepared to to on! credit alone csn keep the mechanism
a s:rip basis this uornlnj. de::dedof commerce fuactlonitw witls al
to wisijhcld actton lodginitelv. Ai&jz. clodL-UX 'JiviS
$15,000,000 scrip issue was also be
ing held back by Seattle banks.
WASHINGTON, Mar. 10. (P The
text of President Roosevelt's economy
message follows;
The nation Is deeply gratified by
the Immediate response yesterday by
(Continued on Page Four)
I0SEVELT -FIRM
SUT POLITE WHEN
POINT IS SOUGHT
By PAUL MAtLON.
Copyrighted by M (Tin re Newspaper
Syndicate.
WASHINGTON, March 10. Mr.
Roosevelt presses you hard but po
litely In his personal dealings. It is
very difficult to get away from hlra
without following his wishes.
The personal story of how he used
third degree methods on William
Woodin to get him Into the cabinet
is a good example.
Woodin held out through the night.
He nearly fell asleep at 3 a. m. He
pleaded that h;deired to remain at
his business. Finally he demanded
48 hours to think it over. He was
going out the door. Mr. Roosevelt
called him back, saying: "Make it
7 a. m. I have to know by then.
' Woodin went home and walked the
floor for four hours. He decided it
was his duty to accept. Mr. Roose
velt then let him go to sleep.
It Is quite possible that if Mr, Roose
velt had waited 48 hours the answer
would have been "No."
Another thing about Mr. Roosevelt
is that he is NOT thin-skinned. He
can take it.
Associates who attended two re
cent dinners with htm commented
on tha fact. At the Inner Circle din
ner In New York and at the legisla
tive correspondents' dinner in Albany
his hide was blistered In semi-good-natured
skits. His relations with AI
Smith, for one thing, were handled
rather roughly.
On each occasion he made a speech,
coming right back at those who were
kidding him in the same vein they
had selected. .
Sudden British conversion to an
arms embargo was not so generous
as it sounded.
The Jape have been building mu
nitions factories for two years. They
have nearly enough now to accommo
date their needs. The Chines have
no factories. They must import H
arms and muniticna.
Pot that reason the new adminis
tration, as the old, will scotch that
subject.
, The British action was extremely
embarrassing to the state department.
We sought an embargo in a confi
dential diplomatic way more than a
year ago. At that time Japan did
not have the munitions work the
now has. Britain could have made
it uncomfortable for our diplomats,
had the change of administration not
been under way here.
(Continued on Page Twelve)
BUSiNESSlTANDS
BANK SHOCK WELL
NEW YORK, March 10.
The Weekly Mercantile Review of
Dun Bradstreet, Inc., ssld today
that buslnesa ana trade met tha
week's bank situation "without leav
ing the disastrous consequences In
tt trail Which at first seemed In
evitable." "Regardless of the lack of a circu
lation medium." the agency asserted,
"a strong aptut to carry on domin
ated all ramification of business en
deavor, aa the reattratton became
more pronounced that the pressing
period of monetary perturbation
would result In to devaulatlon of
the American dollar.
The fact that the affair of dally
itfe were carries! on with tut minor
restrictions for almost an entire
week. In more than the theoretical
Expect Sound
LEGISLATURE
ACTS TO SI
SEARCH FOR DOPE
RUNNERS CENTERS
IN KLAMATH ZONE
DENVER. Mar. 10. UP) belief
that the two men who attacked
border patrolman near Remnghara,
Wash., yesterday may have been the
two men ' the federal government
charges with ktdnaping Charles Boet
tcher. if., wealthy broker, caused po
lice here today to seek cooperation of
Pacific coast authorities In the hant
for the snspecls.
Police Chief A. T. tiark said there
mi a possibility the attackers of
Patrolman E. L. Baliinger may hfie
Been Verne Sankey, former Canadian
railroad engineer, and Gordon Elk
born, sought as the actual abductors
of Boettcher. The broker was held
for nearly It days. His muftt-mlt-Itonaire
father. C. K. Boettcher, paid
60,030 ransom.
' State police received a report tha
morning that a blue coupe wtth
brown top, answering the descrip
tion of the one driven by the two
outlaws, who kidnaped and heat If. B.
Customs Patrol Officer E L. Bellinger,
waa seen going through Dorrls, CaliU
early yesterday afternoon, headed
It also waa Iearnedsday. that Bel
linger's captors, when they hand
cuffed htm to the tree In .the Si
kiyoua, took hia purse containing S3.
One of the men returned and shoved
a 10 bill In his coat pocket, wttn
the comment:
"Here, buddy! You might want to
eatf"
SEATTLE,-Wash., March 10, (AP
Still bearing cuta and brulaes and
physically exhausted, E. L. B!SiB
ger, United States customs patroltng
officer operating near the Canadian
line.- was recovering today from a
brutal kidnaping attack by gangsters
who took htm "for a ride" which
ended In southern Oregon.
Hs returned here last night by
plane from Medford, after Jie had
been found early In the day hand
cuffed to a tree near the Oregon
Cr. morals line. Hs reported to Col
li tor of Customs George D. Rub
bard. "Baliinger is a good officer and a
rellsble one," Hubbard said later.
'There Is something big behind
this, and we sre going after It."
After spending the night with
friends, Baliinger prepared to return
to his home near Belllngham during
the day today.
Search for the two gunmen, who
early Thursday morning left E. I.
(Continued on Page NirteJ
vaulTaThIgh
school robbed
Tha combination lock on the
vault at the senior high school was
broken off some time durln? lest
night, according to Chief of Police
Ciatous McCredle, and stamps, val
ued at about 5, arul a amsll amount
of cash were taken.
Some papers from the vault were
placed in drawers la th office, and
the parts of the combination lock
hid under a typewriter, an la one
of the drawers.
Wednesday night clothes and
watches belonging to Coseh Darwin
K. Burgher, Assistant Coach Ed
Kirtley and Harry S. Hinman, were
stolen from the school.
ILiORE TO VISIT
TRIBUNE AT 4:3(
Oilmore wilt roar at The Mail Trib
une this afternoon! This was the
announcement made today by Charles
Ellis, district manager of the Gil
more company. Tha year-old Uan of
national fame, on a trip south, ts ex
pected at The Msll Tribune office
about 4:30 o'clock, and will remain
here about 15 minutes before con
tinuing to Ashland,
Oilmore, known for his activities
in th Gilmors cirrt, was ths confer
of attraction at the Portland and Se
attle sutomottle shows in ths psst
s VMM, .
Assassin Yells at Judge
As Death Chair Ordered
I "J t - 1
t , '
, JijS Tnss wo
(HtHKPl'K iMNflARA, sentenced tudav ! die In the electric Hialr for
the murder of Major Anton J. Cermak In an attempt to ktlt President
Roosevelt. , . ....
MJAMf, Pta,r March
to. (AP)
Guiseppe Zangara. zealot and eaeaa
sln, today waa sentenced to death
in th electric chair for the murder
of Mayor Anton J. Cermak of Chicago
in his futile attempt to kill Presi
dent Booseyeit: !
. Sentence was passed at t8:2i a. m.,
by Circuit Judge Uly O. Thompson,
who read the sentence from a pre
pared statement ending wtth "and
may god ha?e mercy on your soul.
There was a flurry in the court
room sfter sentence was paused as
Zangara denounced Judge Thomp
son and shouted: "Tou give me elec
tric chair.
Tm no afraid that chair,
"You're one of eapitaiiaia,
"You Is crook man too. Put me in
electric chair
"I'm no care.
WORK ARMY' TO
ENLIST JOBLESS,
PRESIDENTS PLAN
WASHINGTON. Mareb is (AP
President Roosevelt has trlrtuslty
re&dy for submission to congress a
far-flung empioyment ptaa for en
listing SOO.O0S idle men into a ctrti
corps similar to the army and placing-
them In camps In ar!ous parts
of the cosmtry,
gpeaker Rainey told newspaper
men such a project would be part
of the chief executive's proposal for
a W0,G0o,0O0 bond Issue for public
worlc prohssiy to be dispatched to
conjrress tomorrow.
The camps would be located at
points strateijlc to public construc
tion, reforestation and reclamation
projects, he said, and the men en
listed would be fed and Soused and
given compensation of not to exceed
! a day for their wora.
Mr. Roosevelt has outlined hta
ideas for one exteitve project cen
tering around Muscle Shoals and has
others In mind.
The camp,, Rainey said, would be
patterned In part after tlte unem
ployment camp In New Yorlt state
In which the president Is Interested.
It holds more than 1,000 men.
COMMITTEE NAMED TO
DRAW UP POWER BiLL
WASHtKOTOS, Msjvh 10. (API
Speaker Rainey today appointed Rep
resentatives McDutde of Alabama,
MIIHgan of Missouri and Woodrum of
yirglnls. Democrats, and Taber ot
New York snd McOugiB of Kansas,
Republican,, a the special economy
committee handle a bill to give
President Rooeevett the power to !ah
f,OTifiS&i ercasta,
Banks Will Open
LEAVES
ECIAL
' Deputies rushed Zangara from the
court room as he shrieked the isst
sentence Spectators were held 5
th court room ni& sfter the prisoner ;
was removed to the elevator carrying j
him to jail.
Under the Florida law the execu
tion date will b fixed by the gov
ernor of the state and official f the
state penitentiary at Ksiford,
Judge Thompson's sentence ordered
that Zangara be confined in Dad
county jsii until his removal to Ft!
ford and that he be kept there until
th governor sets the week of exeeu
tion the hour and day to be set by
the prison farm superintendent,
"And at such time and plaes pun
ishment of death shall be inflicted
upon you by causing to psss through
(Continued on Fags Kin)
GRAND JURY WILL
MEET MARCH 13
TO SCAN CRIES
District Attorney George A. Cod
ding this morning directed that the
new grand jury, drawn at th open
ing of the present term of court
February 27, meet next Monday,
March 13th.
If the present bank moratorium
la further extended, ths grand jury
will recess until ths next iudieSsi
day,
Theodore J. Belt Jr., of th Talent
district is foreman. The other mem
ber are:
B. C. Dixon, service station: opr
ator. Talent; George J. risk, farmer.
Medford, ft. F. t. It 3. K. Beckf lab
orer, Medford; heo Jemmerthel, lab
orer, Ahlnd; A3! Prtt. nurse,
Mrf?ord, and Marie I, Putney, house
wife, Medford.
Among the Important matter to
com before th body wilt be wft
rseme In th Investigation of th
theft and destruction of official bS
lota, oaat tn the last general election,
from th courthouse vault on th
nis&t of Fe&ruar? 30,
Snfepormas were being served to
day upon a nurrshtr to appear as
witnesses before th grand jury.
RESERVE BAf,KS TO
REOPEK SATURDAY
WASlflNOTCfS. M. 10, Sec
retary Woodin announced today the
i reerr bank will be opened to
morrow.
U.
BUTTS, Monfc March 10. (AP)
Butte police ha? been advised that
Charle Xlmaey, accused of th mur
der of W. ft. Howard of Slt Lake
City near Iam Nevada, in 1924,
ha bn arrested asd identified at
XoUapelV
1AJ
lEC'ilQ,
ME JUL! 21 ON
SALES TAX PLAN
OTHERPROPOSALS
By CLAYTOH V, BERN HARD
Associated Presa Staff Writer
SAL2M, Or.. March 10. AP) As
janitor erswa today were clearing the
desk of legislate? members and
mopping up the chambers which
earlier la the da; saw th eloalng
moments of the longest legislative
session In th history of Oregon, so
were clt&en of the atat attempt
ing to discover juat what the results
of th 37th assembly will be.
Major legislation waa left until ths
last Jew day of th 60 -da? session.
Including: such measure aa th gen
eral sales tax. Income tax, utility
control, legalization ci racing and
betting, and banking control, but
during th entire tlma many other
bills were passed which will affect
persons and activities is various
parts of the state.
Per ha pa Use first direct result of
the session will be the .holding of a
special election July 2J which wfH
have the effect of a major event of
that type In thla state, Not only will
delegates be selected to state con
vention to vote upon th repeal of
special election Include the genera!
constitution, but five other propos
als at least will be on the ballot. And
today thera were tadie&tioR of addi
tional mea&urea to be referred.
Th other btlia to be passed at the
special election mclod the general
sale tax of a per cent which was
finally Adopted In the closing min
utes of th assembly, The bHi as
amended will, if approved by the peo
ple, asses 2 per cent tax on gross
retsfl sales, three-tenths of 1 per
cent on manufacture r?, wholesalers
and publishers and eliminate the per
sonal property tax.
withdrawals were one of th feat
ures of th final day of the session
when members learned many of their
"pet" measures were not to be re
ported out of committer Th last
day also saw passage of numerous
minor measures which we; either
taken off tha table or forced out
of committees.
Tired leglalstora last Bight at
tempted to clear up all of the bill
remaining ef the m introduced, but
even with this effort mmy did die
m committees.
Senator Wheeler's feili providing
for cancellation of penalty and in
terest on delinquent taxee of
and prior years, repassed the sen
ate. For th second time is the house
Governor MeJer's veto waa sustained,
the home refttslng to pass a. meas
ure licensing osteopaths over 1 dis
approval. Similar actios waa Ac
corded th 30-hour week hill for
common labor by political .subdivis
ions of th stat. Most of his vetoes
were overrlddea by both house and
senate.
Th oleomargarine tax hill ws
repassed by th senate. The bill has
reached the governor's office when
It ws recalled by th house and
amended to Include butter' substi
tutes mad from, animal otic, Aa
originally Introduced tt covered only
vegctabi oils. The tax la four cent
s pound.
mmWm
ROOSEVELT PUi
WASSf KOTOS, March 3S-(AF-
Republicans as well as Democrats
towered prats today on President
Roosevelt's demand for a balanced
budget,, but there was opposition to
hi request for power to cut veter
ans expenditures.
Senator McNarv, Republican leader.
predicted approval of hia program.
"His proposal for economy are the
most drastic ever submitted by s
president ia congress he said.
"Hi claim for additional power
will receive a- ready response from
Democratic member of the senate
and probably wilt not be opposed by
h Republican membership. It rep
resents k tineer effort for ft balanced
budget."
CASH BONUS BELL
IS . REINTRODUCED
WASHiKOTOS, Mar, ttt. OP Srt
a tor Thomas D- Oiia.) today rain
troduoftS m th senate a Mil to prs
Tld for tha Imnwdiai sasft paymant
of th sokSJsrs tnmua certificates, :o
fmarseed tey expssssisa; ths cur
rsncy far wbataror aasesss was nee
Monday
SIOENT'S PLAN
AT GRADUAL
Complete Banking Opera
tions Wt Be Under Way
in Every Pari of Country
Soon Fotfowing Permit
Stsdford'a tJires banks wsss oper
attrsy today trader the sama sc&cd
ais and reatrfetfesn. as jesterstsy,.
awaiting th authorisation from
PortJaad for as? changes t& ha ac
complished t&rsmfa the ppesfeJerit
proeJamatiwu All eme?ge&c& are
so fsr be'.r.g met with money and
merchants are aMs t& obtain eharijr
to avDid (fangers of frozen surceas
ing power.
Scrtp was eireaiattsg freely
through the cKy, tnabttsg easy
trasaaettona. which vottid 7 seen
JmpoMlbJe without tha local issue.
No predictions were being rfiarfn
a to the time fo re-opening: of tr
: hanking institutions for regs&ar
: hosinesa.
WASHINGTON, Marcb la. (Aft
President Roosevelt expects irriars
dtai reopening of the banks on ft
gradual basis, beginning in aii prob
ability, on HoiKtsy.
His plana Ci'-l for opeaiog up ot
inssitijtisns for comntet
narutiag operations is every part of
ths country, r
National and state banks w&lca.
are member of tha federal reserva
system must get permission from th
federal gefteramest and tr.us; anav
themselves sound and solvent.
Stats banks not metnbera of the
federal resem system wtii apply ta
toe state snpsrtnteudent of hankx
and upon hia cerUftcata of sound
ness th tressssry witt order reopen
ing. Secretary Wood t a U tlreadj sensi
fas; telegrams of instructions, and
orders for opening;.
Woodin lata today ivued instruc
tions to auperintcraienea of banks ia
each state of Ifw, country on how
to open the state banks.
H aald that th president would
authorize appropriate state aut'nort
tte to give tteeaaes to banks under
their jurisdiction other tnaa federal
reserve bank to pen for usual
normal business under stMfc rsstrse
tbms and imitations as state au
thorities may deem wise.
PILOT CRASHES WITH '
LIQUOR LADEK PLAKE
EOS AHOELES. March f& (&f
Witisin 4 hours after eta Bitot's li
cense had bees restored, Robert O.
Crsoksv SI, movie stunt flier of te
Angeies. crashed to hta deatir, m a
itejiior-isdea airpiasa last nigfst near
Bei Mr. Re waa Identifies; today by
his widov.
Whs a the University of Iowa last
sarins awarded th greatest number
of degrees of any year ia its history,
the presentations passed an ali-Um
total of 25M&,
WILL
BEVERLY HIIX9, CaKf,,
Slsrch S. It's surprising tow
IiU!e money t? en get gtrmg
on. Let the tnks never open,
i?t scrip jyewr come, jnst ev
erybody keep on trttsfinif
ewj'bofjy ehe. Why, it's such
novelty to find tfest mm
tsady will trust yoa ihni it
eftarscred ett aur whole feeling
fswrrt hiJSBtt nature. Way,
never was ettr country so unit
ed, never tvst a country
tickled wifh their poverty.
For three years we have had
nothing but "America is fund
amentally sound," It shotilti
hae beets "America ia fumia-
BtentBtly eoifkoo." The worse
off we get the louder we littsgii,
which a great thing snd
every ' American tnternationai
banker ongftt to hsv prinled
on his office door, "Alive to
day by the grace ot a nation
that ha a sense of tensor,"
lou rj,
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