The Clinton chronicle. (Clinton, S.C.) 1901-current, April 27, 1933, Image 6

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New^ Review of CinTent Events the Tv orld Over IL I TUE CLINTON CHRONICLE. CLINTON. S. C. 7 * / THURSDAY. APRIL 27, 1933 . Unlloil States Goes Off the Gold Standard and Moves Ti ward Inflation—Secretary Perkins Asks ' * • * . Federal Control of Industry. By EDWARD W. PICKARD PrcEidcnt RooECvelt AT:E ofr the Rtandnrd," \v)is rin* t*‘rse bur motiuMi'toup urnounroiiionl by Si*crot«ry of. tbo Tn'.'isiiry WofxMn as bo Vornrnod^tn his ofboo frciii B ooiiforoni'o wiOi Pros „ idont lyd ; and at tiio sMiao fu’!o rli*' WilltO Ht'O-'r "II VO <'Mt tin* n»-u‘i flint tli*-' fMiiof I'Imtu! ivo liJid jdiicod nil oiii'.>nr'.rn nr tin* furtlnr 4•^l"•rf n: . |••*t■|l)i^.iIlJL' . dl','.. dnll.tr tn- (IcpnM'inti In forni"!! o\rliani't- and wii.s roady in m~;1> onit^rros.*; for antlmrity fn put into nctinn Ids policy of “cniifr.tllod lidlHtlnn.” Mr. liims+ivoU -bthH^k oalls .tills pnlii.’j a prn;.'raui for control of omnnindity. price lev els and says It is designed to raise iiriccs blit to koct> tliom from L'oinj: too far up. lie navo assurauco tlml tboro- minhf- b» Tge— caRofl^ “printinc jiross money.' Senator^ Tlmiaas. Ityrne.s and Pitt man 'drafted the mea.sure to carry out the President's plan, and it was promiifly Introdueed in tlie senate as an ninendmen' to' llie pendinj: farm relief Idll It pro\i<l«‘s: 1. ^'or ox pa n.*ii<iti of oroiUf up t<) ?t5.- AOa,(million tlvrouKh purelniHc of pov- eriuin III Jrtlt)iaa* imiti Py the federal re serve haiiK’- ri'his ineatis ihe puri'liii'e in tile o|itii iirarK»-t of nov«Tiit»ient bonds a^nd was tried in the Hoover nd- miiiistration.) 2 As an alternal ve. for the Inflation , of f tie ciir reney hy Isstlanee of Kreeil- | "baei.s up to JS OiiO,(lOti,(Mi(i under th<' act . of IM L'. .«uiii currency to be leKai ten- j der for all dehl.s, puh.lie and private. •t. l''or Use of sucli ureenbaeks to meet Iliat iiriiiK Koveriiment ohliKiitions and to purchase government tjUlma- fl<>IIS 4 t'or retirement of such jfreenliaeks ! the aecretary of labor fa to tlopend to exercise the followini: aulborily: 1. To prohlhl'f from interstate com- Pnierce artlcU-.s jirodiiced hy any indus try worVP.TiK its Inhor more than 30 lioi.is H week or more than six hour* ill iiuv one day Mijk and cream are ■WA.mpted, execiitiveB and ma ioiki'Ts a re e:.. milled, and certain exemiitions are c ,'de in the caseH of seasonal or pth- ••r t-inorfrencies Hoards are set up to iiciiiate such exemptions. 2. To limit and if necessary pro- iiiliit from iiitei'.state commerce tlie .noducllou of au> plant or iridustiial V. ,'UPtA’?i pttPtlcnl dlftorde^, irurdert tnd botitl.irifr.s, of which miicli ha* 'cen writitm In recent nenlh.s. h;tv^ inally eiii'u^it'd the aftciition of tb'* ud- luiuistrarion in Wnsh- i n p t o n. P.ejv.-eseuta- tive Hamilton t'l^b of Netv*^York has been urging t*tir govern- nuxit to employ dlplo- - nmtic intervention to end the ter ror,” and Ruld ’ be wtmid foruiall.v de mand that Secretary Hull take such a step unless the adminls- Rep. Fish tratlon got busy very speedily. Ft>r a time Mr, Hull seemed averse to any interference. l>ut Mr. Pot/sevelt started things by calling the Cuban ambassador, Don O.scar B. Cln- tas, to the White ilouse for a discu.s- JLITTLI OLD EWYODD CAM.H.eBT2 Inflation To Help » House sion of the sj^iafio^ The amba.ssndor also conferred with Sumner Wellea?';' assistant secretary of slate. an,tV tlten 12:05 after Solicitor John G. Carpetr- ! ter, in the stateV closing: argrumert, fnffrtn drinkmg: and “high * ®***"^*® I living” and raid Mrs. TPeterman was 1 L_ ^ . I full of “grace and charm” when so- B^nk Head Warns of Dangers | her but w-as a “tigress of the jungle Involved Unless Move In Care-1 lUliy Controlled. husband were both drinking when the fatal shot was fired out that the defendant was “sufficiently In possession of her senses” to know what she was doing. The'■furors, who were out 35 min utes, said the acquittal verdict came on the first ballot. When the verdict was read a spon taneous outbreak of handclapping broke the quiet of the packed court. Mrs. Peterman clutched at her attor ney, was quieted quickly and then at- Atlanta, April 21.—President Roose- New York city is rather w ell pleas-j'belt’s inflation program will bring ed over the return of beer. During the! widespread benefits to the cotton and first 48 hours that beer was legal, j other farmers and will obviate in a 160,000 barrels were sold. During thei^arge measure the necessity of ,farm same time $250,000 were collected in j relief measures now pending in con- fees by the city. jjrrss, said H. Lane Young, prominent ^ 1 - [Southern financier, last night. New York brewers report they have added 2,000 men as a result of the le galization of beer. New York hotels plan to spend sev eral millions to build or modernize taprooms, roof gardens, grills, rath- Y'oung, executive vice-president ^of the Citizens and Southern National bank, which operates branches in all of the larger cities of the state, wa^- to thank the jurors but >he ed. however of the dangers of inflar- ^ j the bat and tion unless It was carefuj y cbntrolled. -the jnrers In other times of inflation, he said^ inflation has increased until conditions i filed o-it. .Mr. WolhtK wont to the, Wbite House I skeller.s, and other places for the sale' no better than before the infla-' NOTICE OF FINAL SETTLEMENT rtiup which Ib oy^riirtiduoInK- 3 To iiivpstifii'te wukcb through a vvauft Uourd, tt», fix arirl Impose tniril- nuiiii fiilr lo puliiihh the names of emp!oy<>rB failing to raltte \vaKe« in nc<'<ir<lant*e with a rtlrect order to do ati, and to prohitiit .from Inferatate comtiicrce aoofls produced hy any ein- pltiter rcfiiairiK to comply with a wuye order . ■ , ' ■ T , • pyi's of the world iriied (»n Waslungton, for the seri<*s of talks between I’re.sidt'Ut Roosevelt an(l‘rei)resi-matlves of many other nations have hegun. Hiid If the R i.t;H:V'n are tu tor instriiction.s. Mr. Roosevelt has no desire to or der military liiLeKention I>i tlie utTairs ol Ciilia. which he could do •under the riatt ameiKlment, holding that this _would cfist us H lot of money and he- sides would enrjige I’resident Madiado and create an unideasaut diplomatic sitiiafion. TlM'reCore his present plan is to take steps to reileein the i.sland's financial situatiim, wliich is wretched, and to relieve tlie unemployment and iliseonteht that are at the bottom T>f ■ ( ulia’s difliculties. He and tlie .State I department wish to increase the su I imjaTts . stantlal of beer. One New Y’ork brewery sold beer during the fir.st two duy.s of legal I tion began. A limit .should be placed j Take notice that on -the 12th- day of ion the extent which it will be used, he May, 1933, I will render a final ac- more j^xplained, ' 1 count of my acts and doings as Exe- “There should always be somc'eutrix of the estate of N. R. Y'oung, beer this year than any other O'^'jniethod of curbing desires f<»r further' deceased, in the office of the Judge ot days of its history. - ' cheaponing of the dollar if husine.ss Probate of Laurens county, at 11 Orange drink stands on the streets of New Y'ork are .selling beer. New York drinke"s \yar;t trimmings. ,Thcy ask for pretzels, jiicl^Ies, i-ye ! bread, .Swiss cheese, mu.'‘ir<' and-the sug!ir‘'H; ctrli- I i improvement seem.“ to be slowing o’clock A. M., and on the same day down after the Til St program ha.'^ been will apply'for a final discharge from completed as there, naturally, will be ' said trust as Executrix, demands 4'or further inflation at such Any person indebted to said estate a time in view of the success of the I is notified and reijuired to make pay- initial program. .* ' ment on or befo're that date; and all The retirement of bonds with persons having claims-against .said from <’ulia by granting sOii- rediicfions to the i»%iHml on' mm or mi. fhli.l' KXwMflvii-ilWi-Wlip f*- *"""• '■'f'"' ."'H — Lnut. iiiouwu i,hiip<.v;tw eaiie Hliil beet '«t—Th** net e- of 4 per eeni «* year——=—- L For n-iiiii tion of fh<* (told coiit«'nt of th** dollar not more than {><• per <-etil for Ih** purpo.se of protn-t iiiK Ainerlran fiir*‘l(;n trade from the erfeotB of Jepre- riated foreiKP rurreiioieH and to enalile the I'rt'fidf-iit to noKotiate an Interna tional HX’reeinent stabilixtnK tnon^'lary i ■taiidard.s | 6. For Hoeeptame of war debt pay- 1 nientB ui> to an aKgreitate of 1100.ttOO,- ' 00(1 In silver at a value of not mora I than fi.O eentB an outioe. i 7. For ettlnaKe of Kui'h^Btlver and de- j po.sit III the treasury fot redemption of silver Of rtiflcatCB iKSU»;d aKOiuBt it, sueti-j-- eerl iflraifs to t»e used for iiayinR ohll- ' aatlons <jf the I'nited Statea. j SeiTetar.N U'lKidin drew up the or | d(‘r eoiicoriiiiig gold port at lou. I'u- d*‘r it no gold is ullowed to h'tive tlie coiifitry ♦•wept tliat ejinmtrked for foreign Hicoiiiif b<*fore Apri!7ir> tind sucli amounts as are nMiuired to save American tiiisiiiess im*ii from lo.ss on coniinitMicnts in foreign trade Incurred prior to t!\4> proelatnalitui of tlie ne%v policy:* riic ( tilled .States tims lias placed its* it on tlie sivtne footing as Croat Hniaili ami imviiy ot1n*r foreign iia tioii.v Its nioncx is unstable in Miliie ill itileriiat ional trade. It was pointed out tiial .Mr. UooMoeit could now with greater propriety projtose that all iM»444 0e. go tw<-k to-4be—pMd—standard togettier. Ii(Tt‘Cl.s of our plunge liitt* the iiilhi tion pool wen* immediate. Prices on tlie slock ♦‘\changes ami esiM‘cially in Ized they will result In tin- finding of a wiiy out of the world depression. I I’rime Minister ,1. Ramsay -Muc- Doniild was the first of the visitors to arrivi* and the first to confer- with I Mr. Roos^'velt (tnd Secrettiry of State Hull. Edouard Herrioi. former pre mier of Erance, was elose on Mtic- Doiiald's heels, and the others are r *clu'd\iliMl to. follow r;i|)ldly. No one of the “coi+vvrsationalists” Is empow ered to reiilly decide anything, but all , of them are free to express the views I of thHr res|>e<'iive governments on ♦s'onoiiiic mutters. R was untlersttsid that MacDonald would not talk much alMiiit the war debts, hut Herriot was authorized to slate Eranee’s positiou on that Huitject. I'he whtde series of conversations In -^^as^'ggtr^f IH a • prpttiiiTtntry tn ttre -sales in these foodstuffs would be the best plan estate will present them on or b^Tore ng bakers, cateteis, farn.ers ano .^^^ control inflation. Young believes, !tHut date, duly proven, or be forever dairymen, was so great that the de-, f,onds in a safety deposit, barred. iut | Thi.s.the J2th day of April. 1933^ . can’t pul greenbacks away lik^“ JES.Slff DTLLARIL-YDIINGzri-- ■ sugar iiuhislfit's, w liose rt-presenlatlx ♦ 8- ^ ‘ “WftnjT'a'jT^W'ly^sp'^iifeil. ♦ rW- ' tbab lire nervously walcljiiig developments ;taurant in .New Y'ork where beer i Tlo're is a gcniiirie rear among some , .sold and where Bavarian waiters pro- f.flieinls in U’asliingtoii tliat ofiponeiits lo I'resident Mnehndo will. In their ef- Nirts to overthrow liis regime, |»erpe- frate .some outrage against .American interests In ('ulia, tluis raising a sit nation in whi/li the Enifed’ Stales miglit he coiiijtelled to intervene. vide entertainment, Italian or a Greek. i.« owned' by an Music shop.s reptnt v demand for drinking songs. Many new ones will soon be hear<l. A .MMASSADDIE .IDSEI’HES iels reached .Mexieo (htv coming world m'linomic conference, and the hope of 'President TlpoRevelt and Secretary Hull is Ibiat the-wjfj’> can be paved for rehabilitation of the world by the lowering .of-frade bar- riers and monetary slubilizHtion. They wUj gladly abandou Auierica’a tradi tional high tnrilT {lolley If the other nations are* w illing to co-operate and reciprocate. R EPUR1,I('.\N iiosimasters who have d^'iiionstrated their eflleleiicy are to be permitted to complete their tcrrn.s. So annoimcrtir^Posfmuster Gen eral .liirm-s A. Earlc.v^ to the joy of several tlioii.^and G. O. 1*. of fice holders and the <orresponding dismay of a great army of DeuiixTats who would likf' the joti.s. .Mr. 'Eiirlt'y sa.>s Ids party has long stood for the civil ser\ice sjslixii of Competitive ♦•xain illations and “vviH not aliarxfon tliat hl.ch ground,” .so lie gives out tids meskaita: “■“No liiiuiinTieTif term has h<)f yet expired and w lio has b(*en render ing loyjil and ettieieiif service to tlie government need have the slighle.st b*ar of reiixival. It will he the poliyy DAN- lliuler heavy niilitlfry guard and after one attempt was made to wreck his train. Iminediidely after Ids arrival In the capital the unofficial critics there of Ids ui»pointment let it be known that they liad had n cl aiige of heart and no longer Were Inisfile. Mr. Daniels formufljj r<‘ebi\(>(l l»y Eoreign Minisl ('asauranc, with w iiom he had a long and pleasant chat, and later presented his credentials to President Rodriguez “Mr. Daniels made a niugnificent liu- presshih on me.” Casuiifaiic wild. “While it was simply a courtesy call, we bad a very agreeable chat, discuss ing tojiics of general Interest In e<’0- ri'omlc. edueutional, and .stx’ial fields.” “I had a very interestbig and de lightful vis'it,” Mr. Dutdels said, “The I ■ foreign minister was very gfaei(xis. I proixise to avail myself of his hy.sid- tiillty often." People wh(/ trade bonds foi greenbacks will bu.v a home or a farm, or an autoniobde, which will increase business activity by every tran'-'action.’’ Rising cotton price.s in the South means' increased prosperity for iand- owneis, farnier.s, cotton brokers manufacturer.? and an immeasurable increase in the buying power of the general jjublic. the financier sa:d “I. will increase the valcie of •and-', which will '-oliminate the necessity for re- '“i , , , . financing moitgage.® on homes and One street stand opened for busi-! m w demands for all ne.ss w'lth 100 steins Crowds gathered ^^^er pioducts, place tenants on va- around for beer. Most drinkers walked farms, in homes and office build- ofi v'lth their steins , ings, and should generally start the .machinery of idle facloHes. 5-4-4C Executrix. NOTICE! \ ^ A sporting good.s shop here 'offers a bottle of beer free with each pur- cha.ve. New Y'ork inaiiufuctureT.s of soft drinks are wondering what the return iof lieer will-do to their business. .New York dairymen are concerned, too. not ) _ During the first 36 hourg of. legal. l)eer in New York there was single arrest for drunkenness I v! 4r Iluring the same lime one .New York wine shop received 35,000 order.v for 3.2 wine. ~~ Much beer was delivered by horse- i drawn trucks. i ■ N. C. Jury Acquits Petermsui’s Widow We have just received a car of Oats, a car cf Flour, ('orn Meal, ^n(jiHran and Shorts, three grades of Horse and Mule Feed, Hay. Potato Slips, Garden Seed of all kinds. Fancy and Heavy Gro ceries. See us for special low prices. We do public haulinif. Niifht Phone 110, Day Phone 157. Farmers Exchange Phone 157 I li i- ('hurlotte,' April 22. — Mrs. Ruth | Peterman was acquitted tixlay of a' charge of murdering her hu.sband, ; Roy L. Peterman, utilities executive' who was shot to death after a liquor; party in their home here two months j The jury began it.s delilierations at PHILCO Radios & Tubes Smith’s Pharmacy ■•M J. A. Farley the «imiiiiu.lity tiinrkxfs went up with < «f the Post (Mtice di‘p:irtmeMf to iilhiw a< rush ami trailing was bi‘avier tliau for iiiHiiv iiioiillis. Millions of ilollars were ;i>lilfii to file farm value of all grains, ani! eixton ami sugar also nioveii npvvaril. as ifitl provi.sious, Dn tile l.omtixi ami Paris exclinnges the lii/llar sank <tix*i(Ie<11y. Neitlii>r Tlx* British m.r’ III e Ereiieli were ph*ast‘<1 with tlie President''^ :(Cfi(in. Tlie l/tn don I>ail> Telegrapti said : “Eollowlng An’iT'rtrrt s r;ir,*sj itei ufi a deiiiaixiWill arise !n every nxintrv for fr»‘sh «1e pre< lafiofi so that-.ex porters nvnv not 444- I ? - -tUeix—pou-Aic—uf—4(4^ world in;irki*fs. T'lx* new task of the Statesmen is to jireveiif a cliaotie pnx- ess of I oinpi-liilve deprei-iatioii of eur rem ies.". -I pnLRTI.s of the lt<M»sevelt adtnitds ■ tralion are Ix'iiig e\pand<>d ami ex tended ro fast and so far that eow gre.<s and the^ eonntry are searcely able to keep np with tile paee .s(“t. (die of tlie liroadesl and most revolutionarx of Its proposabs was snhmit.- ted to the bouse ixctl- initi<*e on labor by S4*<relary of l.ahbr Frames P♦•rkills Ijj the form of a draft Idll ofTerixl as a sub stitiite for .“^eiiaior Blui k's ;{<i hour wimk measure whh-h was piis.ved by the Siimte and for the almost identical Eouiiery bouse bill. It is de.'ilgiu‘d to give the federal government full -eoutrol not only over the hours of labor but also ^er Industrial pnsliiction and prices evv*ry elfii'lent pf>.simaster lo fill «»ut his term.” I’i.strict atlorix'ys, marshals ami collectors are not umh'r civil s«*rvice nnd in time tliese place's' prolialdy will tie fill«*d with deserving Democrats. .Msn tlx're are himdreds bf vacam'ii>s ill tile postmasterships to he filled im- iiiediafely. and these will he filled as svHUi as Mr, Earley's departmetit has *eoriiplerAd i RnrdT-‘’T(T ‘“FXfifiUtlii f loh methods. ' The )x»stinast*y gi'iieral • makf*s the - w*eleome—nsweet Ion—Mwt—Hw'—ifntted- ()S(T»\\”S faiiKuis trial of srx Brit • • •* ^ ish engineers limi eleven Ku.ssiaiis j ouxhurges of v'spiouage, sabotage and I bribery ended in the coiivietiori of five ! of the Britons and ten of the Rus- I si.ms. L. (', Thornton was senteneed j to three yeai-''^ In prison; W, H. Mac- I l->onald, wlio (deaded guilty, to two years; .Mian Monkhoiise, .John Eiishiiy and Charles .Vordwtill were ordered deported; A. IV. (Jregory was acquit ted. The tea Russians were given prison terms nji to ten years. Tliere j was notliing surprising in the ouu-ome .. unless, it werg-tUe- mildness 4»f 4lie i«*n-4 allies int1ieti*d. The British government, which had been watching the case with intense interest,, struck back at the Soviet union promptly. King George and tlie privy council dechired an NH per cent i embargo on Russian imports and the 1 Metropolitan Vickers Electrical l*A|ui{>- I ment company, employer of tlie con- i victed men. ordered an immediate a{)- ‘ pi'al in behalf of the two defendants who were sent to prison. M Slates post office l.s golfig to pay Its way hereafter. He a'tns tii save *72.- ^ tHNi.Puo iiv the coining risen! yt‘ar, and tills, he believes, will suffice to lail- i ance the isvstal budget. J M'AN'S armb*s in China continued their advance soulb of the great wall, driving before them disorganized or traitorous Cliin«*se troops. ,TTie JapAutjse- al-latest r<vj lorta iia4-4X‘^-u- |iied the entire triangle heTween the j wall and tlie I,wan »Uli Its base on the gulf of Ihvbnl. and were moving onward toward Tientsin. They crossed tlie river near I.wanchow and Ixtm- liurded that elt> atid the surrontiding ' presented to the meeting a motion by VR()|.V C. TAVLGR, chairman of liie Eniled .Stales Steel corpora tion. has added^lils voice to the chorus ~sr~ni(Tatifrnii 4^M;!<‘ttttvgB~ ‘trtio" tlie course of t!ie de pression has turned.- At the an’mini^THe'et'^ Ing of stockiioldv*rs In Hoboken, Mr. Taylor, who is noted in the financial district for the cautiousness of his utterances, de clared; “Better tlnu*s are uheaU." .\nd in support of ■ rtiLs belief Jie cited Jhe faet ilmt’tlie corporation was'op erating at 21 per cent of capacity, the first time that operations have reaelted tills level since March, 1932. Eollowing his address Mr. Tavlor . I M.C.Taylor Secretary Perkint The imssage of tlilK legislation and ot tlie pending farm marketing Idll vx-ouiq 0iuke Ki'cretaries i'erkins and VVallace viniifil dhtatora over the e^aiomic life ot the nation. The legal liusls of Ihe labor bill Is to tie tqynd In tlie intersiate commecc, etoiiae of the Cotistitution and In ilp ♦Unfair cojiipetinon" ae. ihuia of rh« fitiiernl inide act. - ^ “It la.iifNiO th4*He legal powerti tlui 7,‘ . . region. ri'iuTe was great alarm in Tientsin, vvTiere S4»nie •PNI Americans,* mostly hiisiness nx*n and tlx'ir fain- ■ Hies, rv'side. I When the .lapaut-se started tiieir fxisli Info rlie iiridis|iuted Chinese ter- ■ ritory south <*f the gre:tf wall Vhe I.wran river was s^>t as the tlinlt. Rut : the .iapanese eonuiiand now has an- noiineeil that tlx*y will eontinne the i pursuit as far as the Clnm'.-xe con. . tinne to set -up xadi'leusi's. -• Ttie .lap- anese autliorilies deny, however^ tliat ; they Intend to oceupy I'elplng' and Tleiiis'n. Tlieir apparent-plan Is to cr<*ute R buffer an*H out of the.trbingle to faeilltale the eonsolldntlon of tlie newly coippi»-red pVqvirtee of Jeliol. They bnve gained itbnfrol ♦►f all the Im portant (Hisses Hirough the great wall on the Koiithern imrder of .lehol and the gatVr have been sealed and beiirjE guird« placed Rt them. a slockliolder for a vote of contUlence In the R(xisevelt administration. it was carried witlfoiit dl.s.sent by astapd- ing vote. R ETH BRYAN OM EN, the new min- .j Ister lo IViimark aiul the first i .\merlean woman to he given sueii. a' dl)i!oiniilie post, has told the new.vpa- 1 per men thabshe intends to sei;ve beer I in tiut-iegatioM in Copenliag»n, wiccJi | is soinelhlmf for tlie daughter of Wll- ' liam Jennings Bryuii, lifelong udVucute i)f prohililtlbn. ■ ' “Yes,” siie said, ”1 will serve 3.2 per j jeiit beer. It is .in keeping w lih, tin- ; !hw of my own country and the eiivtoai i of the land to which I kin going. B,n I don’t consider tliat iin|>ortant. 1 am really interested In the progressive de ♦ elopinent In nenmnik which 1 hoyHi ! !o study for my .coniitry.” | 1931. Wr#«u-ro KwMBiiapv'i^^yqiloa, ITS ALWAYS GOOD BUSINESS TO USE GOOD PRINTING We Do All Kinds “EXCEPT BAD” Chronicle ■Xy- Publishers Telephone 74 Company - Printers — Stationers Clinton, S. C. = I s"' -7 7 I ¥