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f. l i V ' < c. T IHE CLINTON CHRQNJCLE. CLINTON. S. C. '. ** /• THURSDAY, APRIL 13, 1933 J V. MORGAN ft CXK. N>wl York | • l•arlk»•l•K. are In for an luvestlca- tion hv • comiBittee of ihe I’nited ; States senate, and a c<‘uiiuUtee hacked , by all the auflurrity which that august. ; b«Mly can jfi'e. 1 Without debate, the ui>i)er rhaiiib^ I adopted the Fletcher resolution ea- tending wide i*ower to the banklnf Roosevelt Plan on Farm Loans Calls for Two Billion Bond | -““T. RfMtscvelt has sponsored. i ITS ALWAYS Issue—30-Hour Week Proposed for Workers— ^ The Akron Disaster, F nTjjowiN’n the rendln* of a brief special nie^sa;:e on the subject •from the President, Senatt»r Robinson of Arkansas Inf.rodttced the ailniinisli'a tion's farm mort;:!ii.'e retinancipy bill whit h. r-+he hill. Is dcsiaiied to liff* the fanners <<ur of the slou^di *»f <h'i»res sioti. The hill provides f<»r issulri" hv Ho* farm I",*111 itnnks of bonds -to (he cxleid of !«i:.nnn.o<Hi.(MK». on which the yovernineiit gnaraTitees the inter est payments, 'I'he honds, or tlie mnni'v derived from their sale, are to he us<><l hy the farm loan haidcs for the pnr|MJse of takinp over the farm tuort;:a;;e8 on which the ln> dustry to adopt the thirty-hour w^ek and penalize interstate movement of pr(,*dnets made by labor working lonf-*-..! I'he residutlon was drafted by Fer dinand IJ-et'ora, committee counsel, with a view to obtaining all the sen ate's constitutional [)ower over Inter- I Slate couitii,erce, hanking “’and tai mat ters for the coininittee. Pe<*ora told the committee he had GOOD BUSINESS er hours. J sulmiitied twenty-three questions to the Rlack expressed confidence the hill |> Morgan firm and that <»ti advice of ■ would t»e upheld by the T^hTfcd SfaTei t .tntm W: tnixis.^s counsel, the bank* f TO USE Siioreme court. k _Tlic Alahuma senator said the hill \\it!ild not acconipllsli its piinwise If J it resulted In redacti(Ui of wage levels j •;k well as hours and expressed The ' Ing house had refused to answer one and taken several others under con sideratlon. li' lief that. If Industry attempted to ‘ J^K.SITTF the Hitler gove-nment’s , Senator Robinson redi'ce wages, congress would net. "l,a hor has been urnhTpald atul capital overpaid,” he said. Rorjili said he was “In thorough ac cord with the i)rlnciple of this bill and I’m not HO sure tliat we’re tiot going to ! have to come to It.” Ills argument revolved around whether congri*ss had the power to take action. ^HE country’s great loss in the de stnictlon of tlie Akron is not tlie^ rates cajimit..he. pf thg" TimrrB’ grm qirlgTtttg:‘'‘but h—"-Ttrtr lit. ! -.i .. .. ...... dropping of the hoycotfl again.-^t (Jerman .Jewry, the Nationall S<»chjlist party will keep its .boycott' machine j intact. Hi.sappointed at' iieing de-'; prived of Hie boycott, Nazi, auxiliary police raided u .lewisli quarter in Her- | lln. Accompanied by regular [lolice, ' tliey searclied everywhere for weapons [ and pafiers; Streets were closeil and ; pedestrians were slopped. ICven wor- i shippers leaving synagogues were halted. Persons not carrying double , Identification cards were arrested. i.. per cent. • ’J'he expectation is that with money av.iilatilc to settle with his ciedllor of the 74 officers and men who went down with tier in the . , . , storm off the coast of the fanner can scale down uio r a^ei quarters at Munich announced that j *'all ilerman stores in the near future ; will he supplied with big placards “TtpnP of^Trtw'debt To "H T’OTt^tfern+de tent. Henrv .Morgenihau, .Ir.. gover nor of the new farm credit adminis tration. believes mortgage Indebted- ne.>Js may la* .scalc'd down in two ways. A mortgagee, willing to settle for casli or bonds at 7b or NO [ler cent of the principal, could c\<*hnnge the tnort gat'c (Ui fliai basis for land hank bonds. Tlie bank then would retiname the farmer at 4Vj I'cr <ent.. <>r a tanner making a comiiosition with his creditor could bori'ovv the funds tor settlement from the land hank, Op|'"^llion to the legislation revolves around two arguments. One Is that It will he an indm-ement to tanners to ilefaiilt in tlie paymi*iits on their pres cut mortgages in order to persmide Ji.ortgagees to settle fit less than face value. 'I'Ik*'other is that such a vast jalion of 4 per cent honds would <k.. teialMyi deniorsilize the hand market iitid reiunviiufavoriihly on hanks and insurance r«hupanh*8 with large homi Itortfolios. The tnqtiirily of the bonds Is to he fixed hv Ibexjand tiuiiks ami prohahly will he fib or 4fi^yenr8. Stated hrielly. the maiiy^provisions of the farm finance hill are ns fmki^'s Fcd.'iiil land liaaks «r, uu.(horlr.ed t»> l^siie up to $2,<'(a>.(ltu».<at0 in 4 per rent IxokIh, intere.xt Kuaianteed by govern nitoit ■flu' same b.vnk's maid imrohnse first iTHirfuaKrH on farm land or exchaiiK** l«i.iii|s for f lo-n; ^ .'I'lie ticasniy la anllioriKed to sub K ribe fio.oao.aoo to tlie ’paid-in wur plus of tbe banks. Iiitm-st i.'ito on loans on morlKUSes rtiall no' 4'«j p.-r c-etit. A total of JI j.tUai.taMi would lie svail ablo I ro.ui the lr«*aMiry to rniiipfiisate irrniks for iiiteir.vt irduction ■|'b<; limit on moi't|.':ise loan.s would Im' laiMii from J'J.'i.iHai to t.'iti.iaio V lUujit.iry tiijlTTilittbm of Joint sioc^ 111 m1 banks Is iirovlilt it A to'tjil of } 1 ua,(i(iO, lUMI of Itocolisl i'U<‘■ tloii Kiiiaiiee miporalion’s funds is iiiatie available for loans to farmers for 1 e-t+miiH-+«i< t4i»4r debts in ^v.-unb- mlral .Mofftdt, chief of the aerommtic bureau of the navy, who was a passenger on iioard, with his shipmates up held to tlie end the finest traditions of the navy. 'I’lie wreck of the Akron, largest of its kind in the worhl, .wag the worst airship dis aster in history 'I’he airship crashed off the New .lersey coast, twenty miles off Ihirnegat lightslii|». during a vio lent electric storm, accompanied hy way the .Nazis will distinguish between German and .iewish stores. A measure forbidding kosher slaugh tering througiiuut file nation lias been approval by tlie reich's calunet. ft NEW suggestion for a preliinl- I Admiral Moffett nary cuiifercnce of «‘X[»erts to be j held in tlie United States to [ircpare for the world economic conference de- I veloped at a meeting In Paris hetweeii Nor man H. Davis. I’rcsl- dent Roosevcli’s ani- bus.sador Hi-large, and .losejih Faul-Buucour, tieavy winds and liigli m>us, dense fog i Frinch fori'lgn minis ter. In tills the French see their opportunity and tliiek rain. Lieutenant Commander Wiley, sec ond In command of tlie alrsliip, and ! of taJkiiig over war the two men who were saved owed I llmir lives to the chaHce Hurt brought the Herman oil tanker Phoeliiis close to the scene of the accident a few min- ' nfes afler it lia|>pened. They were picked up immeiliately hy the Phoebus, vvliose crew saw others disaiqiear be- neatli the waves before rescuers could reach them. Tlie Plioehus cruised alioiit the scene until ilawn, but wag nnahle to find iiiiv more survivors or I Chronicle Publishing Norman Davit delits. s Ifike tire'P.rIrish, th^ F'rencli want to wan*^* gle a debt settlement before tlie economic conferencey'onvenes. So fervid Is tliia desire that Davis exiiressed his dis- fileasiire that Europe, wltli Its very ex istence at stake, siiOuld think of in*lh- i ing else. Company Telephone 74 Clinton, S. C. ft f % Mr. Diivis fv'cls tliat tlie Washington r, tlK^ep track of the wreckage, which administration lias made ft clear that vva8>Kt:Hcd swiftly away by the seas. „,^,re are liigger Jolis to lie done-re- Urst rbpt^t of tlie disaster was re- i ui,,\;d »»f traile harriers, for e-xanqile. ceived in radio messages from the I So with hopes of calling the ei-o- IMioehus. Roth coast guard and naval ' ^.,„„..reiice at atr early date vessels were immediately dispatched j ,1,,. idp.*, of a preliminary to Thw srene of the wreck and cruised around for hours in the liope «»f lind- lug other survivors. The navy hllnii» .1 taking part In t'lu* seareh, fell Into the sea. !• ive of Its crew were rescued. 'I'he se:ir<*h was fruitless, and. In the ! ca.se of the ai-cident to the b!imi> J'fi, ' was Itt fated a4so. :— D K’l'EU.MI.N’.N'l'lON to end naval air j<h]j) const ruetiou Is mount i n< sin'** With provisions of (tie h*‘W bank riiptcy rrlii f urt. i;**t'on«!t I 'li't ion Kinani'** <*oi poriitlon Is a ut borir.c.1 to loan f.'iO,000,000 to drainay;*', Icvft; and irrigation dtsiricts to r*'du<'e and rt-finance tli**tr debt.**. 1 lu'Feus**!* 111 e TenTTTng ptTvvFr^of’ lit** r,f( loe^triH'llon F'inance corporation by 1300.000.(100. T he numlM*r ef v»*ii*raiis to he af- ■ feeted hy the President's order re- ■ diicing vetenins' benefits will nut lie Known for some lime. In one way or another 1f will lie f»*lt by,iiraefleally all of file Spimisli .\nieriean and i World war v(*t**raiis. and the widows tliroiigh H congress intent upon find ing the real causes of the .Vkron's plunge into the .At hintic. In the .senate .King (D(*m.. Utah), pre- pared a resolution calling for an Invt's- tigation of the .Akron disaster and the con sideration of the Hd- vlsahility of spentling more than the SfJO. (NKI.OtH) that the navy .•ilrcady has liivestc*! in ^ I i g h t e r than air nu*etiiig to agri'e on wdiat is to he done and liot^^o go about it is niakiii'g hciHlvvay. ,, ■* W lien the new Frenvli amliassador i to tlie United States, .Andre Lefevre de la. Roulaye. saiieij for .America he was accompanied hy a treasury cxjiert To~pn*i 111i-e'TTm ■gi’TTtmTTTnr wtinrr'tTnpls' tiop*‘s will he a general delits discus sion. Ucs|siiisii>le otlicials of the State de- [>artm«*nt in Wasliingtoii deelared that reports from I.ondon tliat Mr. Davts had presented an offer to scale down Rntalii’s debt to tlie United States by hjA Ai V i W Ai i —* RRy 1ft I'Tv U l/P»U I U H I ^ ift 11 foundation. premier Ramsay MacDonald plans to sal) for the United States about April 15 for a conferetu'e with Pres ident Roosevelt regarding war debts, w«irid economics and nrmameuL M ount EVERE.ST at last has lieen c. Fr«id Britten of veterans of the.s** wars now on tlu* government pension rolls, l»e*iHise ft* craft. Uliirlrman Trammel <if the'sen reduces tlu’ rat(*s on the gre;it*‘'r fiart ! -ate iiavar.rommltf(‘e also was <*onsfd of such peri.sioiis as will continue to • ering a study of the accident. be paid, 'these rediietitins and thus*'1 To’TTeniJriMir'Ol flrvrrrTl^^ will be a fleeted afler .luly 1 of ^his year. In liri**f. tlu* order makes tin* following provisions: t'hairman Vinson of-the house naval echi-r(7l cn*tdtnt i»*!iHy 1 rayiiu-iif of pen.«iiin.>« nut (1 to vci«-i;iiiM (1 l.'.aliy *li.w«>a.**e or injur> loi'iirrt d or .hrki avuted In Hue of duty ill m l 1 ve >-<‘i vlre liate-x to lie paid for .service conn*<*t- ♦d disabilities are 10 per ceiil <lis- abbd. 18 a tiloioh. 33 per ceiii, |20, 50 per <eiit, 140 "a tier l••*llt. I'tiO; Uio per Cv'tit. J8(i Tliese ar*- 20 per cult reduc- Ulllii-r pl'es^'Ut Hills "T^ nVrons aiJl KijTTr.edrao w TdiTws. cbi I ■ dri-ii, aii<l dependent parents of 'Xet ‘‘Ihere won't he any more airships huilt.-’ . t 'riien* were some, howev**r, not .st> ri'iidy to yield lM*liefs foiindi'd dqring many years in congress. .Many had follow ( (I Repr**s«*ntativ e Rritten of Illinois, who as Rt‘|iiihli«'iin chairman of Hie mival committee for .vears had charge of most of the re**t*iit legisla- Hoii for airships, iiartieula: ly that aii Ihoriz.ing the SS.dOiMkkt .Akr«iii-Maeon ^4sfer->.i44j+- team, Jtrit ten- b«« al- ‘vvays (h*clim»d to su|)port iho.se jWjio Minqueredi Two airplanes have flown across the--summit and for the first time in liistocy men hsiked down ujtpu ibe highest fiVoiintain In .the vviirld. Tlie feat was aceiMiipIislied hv tlie Rritish expedition headed by the man)Ills of Ulydesdale. .,,.A pho- Togra'i ill er s 11 ceeedetT Jti tilkilTjS’ a liUni- ♦ ran* w»40 4ie4 from frr sMaitd liH »irr<<l or aRt;ruvattrd in line of duiv Ka.len «'oiitiiMi«>''an at in active »«>rvi*'e presont. Fayrneiita authorixed for ncyi-aerv Ice *-on licit *d dlsabilitica and death.-* of vctciH'iK vvh<> Hcrvcd HO days'in tlic Fpanieb-.\iiicri<-Bu war, Hoxcr rcticlllon Philippine iioouTection. and Wofld wai i provided diaaliility was iota.1 and not due III, pt-reonal tnisi-ondtict. • I..Tttcr a'lpvvanrc will not be tiiadi- t' iinm:irii»d peixma with inclrine of liiore than D."(U( a .vear or to any mar ; Tied person or one with minor children ‘ W lio«e ln^«>mc exce* ds 12..300 I I’custons of wiriitWK and chfbiren *if Fiwinish-Ainerlcan war veteran* cu} 60 per cent Kxi'lude* pcacc-tiine veterans from dom'.cilinry ‘-are. ^ lentits »h.trpiy emergency ' uffli-er* * p*-tisioii* bo aliamloiied. Many members vv»*re un«i«‘eidm) how * far they vv.snf*'d to go In tlo*ir ban on , airships. \lns*m saiit lie ilioughtl nothiiig shouhl be ^lone to prevent op eniTiiih of tlie .Mscoii. vvlii<*h is to ttike ! tlie air tojvard the end of the month. • .Nor (lid he think that the new dirigible | base at Snntivvilh*. f'alif., vviiere ! fd.iNHi.ikMi had Iwen ex|n*nded, should he shill down I her of pictures which. It is hope«l, will provide an aiiHieiitle n*cord of the mn- qiicst of tlie '214.1102-1001 mountain, on tlie sides of vvlilcli numerous men have jM^rishi'd attempting hy old-fashioned nieiliods to gain the honor of ^)ci^’g tlie first to reiwli Hie top. .Alilntugli exiiaustive {ireparations had been made for tlie tliglit over .Mount Evert'St. tlie actmil carrying out of tlie feat was in a measure accl- Ttcntart. Wbcir the 4w« sidpg wont «p- tlie purpose of tJie flyers was only to make a tc.st. Rut they found condl- | lions s<» Meal that they turned the test Into tlie real business. The two planes flew at .an altitude of approxi mately I'.n miles and tlie flight over] the peak r«‘quir.ed three and a half hours. 'ASn.’?M l.s growing in Great Rrlt-' ain. INery manifestation of the Fasel.st 'movement in Italy and (5er- nmiiy can lie seen in and around the’ luMise where Sir Oswald .Mja-ib'y, mil-1 M 1 H'lliii’.A.N is the tirst state to vote i li'Uiaire would he diet:it-»r has b.i^ed in lav or of Hie r(*pea! of the Kl'w:iiteenth amendment \\ iseiiiisiu is second with a deci.sive vole of 4 to 1 for n*p<*al. 'I'owii and country alike B iiTH the senate :.ml hoiisi. i/rii-y...,, { fh‘'«‘*pihg Wet majorities. mder.ng a bid. »f which Senator i ^Tirwanlim*. where the Hrt'werTes are P.taek -f Al.ihama is Hie author, that went the Rritish Union df Fa.scisis. TJu* walling nMim Is a small liyaiiiasinm.! Physical tralnfiig Is compulsory 'ITKifc v.«».‘.ld est.ihll>-li a 'thin>-b«»ur work M*»sl^v hlack shirts, who are _fhe’be ginnings 4ir the Rritish storm froo(»s. M wet hy niore Hiiijy Id to 1. \ViKi*uns:n'<lf fw -cU. AS Hie blU lH mvsutJ^'d d. have Hnieiidmenf c.mventioii 't e c:»:or..4’m..ut oi the l’iv.*4id .'d ami i A|"'H ‘>5. It Is predicted that practically cii the delegates will be committed Iv nqieal. In ‘'Hchlgaii, hut one county ejected nre reqirtrrrt trr brrx. -fenrr -nr <^w’’ce weekly. the apeeml appnfvai of '-tv‘<*r*t.ir.v ol l.alwir. M‘. n Pi*r'riiis, It Is ^x|.3Cl»*d to •“lb Itoua^a^ TI;e bill vvoiPur cohipet iitlvaie In •\ 'file bfiick shirts form tiie iiucb>ii.<i of Mosley's •‘army,” They liave au'| anxiliar.v In the gray shirts, who.can not give .ns much time to pltys^cBl inii'ning ns the hli^k shirts 'mt utva tiave ,'i hi:: pl.*iec Tfl the str<..2£ arm rj3;( vv *.':u«*rii NVw Kiiuuvr bigaa. AWAKENED . Mystery . Suspense • • • • • SlTld “ Jos’Ce, as Khe-opene(HTerT>yes“07iirha1rTnETn(|rahle ‘ni^liiiii?, gfjUally surprised at the warm, flower-scented air, at the* luxurious sleeping porch where she lay and at the diamond circlet on her wedding finger. Was she married? Was it summer? Surely the fruit-laden,trees she could see were not in Chicago—this silk-covered bed was not a hospital cot. Yet—the last thing she remembered was a skidding taxicab on a sleet ing November day in Chicago. ^ And when a man came and sat on her bed and kissed her goodbye for aJiurri^dJbusiness_lnp^ telling h be cai^eful after her fall from her horse the day before, her~mystlfication was complete^ So she was married, s I t* Later she discovered from her toilet articles -that her initials are F. L. P. . . . and that the house she lived in was rich-^and beautiful. IT’S A MASTERFUL STORY . . . MASTERFULLY TOLD, BY ELINORE BARRY ,— 4 If You Miss a Single Installment . . . You will Regret It, It’s That Gripiping •- ' -L' ..