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Show X TRADE AT HOME When you spend your money with a local merchant, or employ a local tradesman, you are helping to build local payrolls and a better and happier hap-pier community. WHAT FOLKS SAY "The big shots are still loafing. They think they are working to bring business back, but most of them are asleep at the switch." : Edgar M. Falby,, iron worker. FORTY-SEVENTH YEAR, NO. 142 PROVO, UTAH CQIJ'NTY, UTAH, T U E S D A Y, MARCH 7, 1933 PRICE FIVE CENTS n I iir" , ' ' w3 ""TT3t I A nw Tg' tteJ Lull J LmbmwJ Xmmtmmf ' "oriNjinrNj" J ZJ J J W B S TO DAY -By-Arthur Brisbane ; (Copyright, 1933) Now Comes the Scrip Era Some Questions Come 7With It Roosevelt's Fine Begin- LOS ANGELES, MAR. 5 Short of active calamity, the most unpleasant un-pleasant thing is UNCERTAINTY. A missionary held by cannibal islanders wants to know what decision de-cision the cannibal cook, will reach. "Today, with all banks closed by official of-ficial "order, in forty-eight states, big business men and little every day men, would like to know what will happen. . We should be grateful, for we at least know now that the depression has run, its course, at least on the surface. We are like the little boy who has swallowed castor oil and is glad that it has gone down. Money will be provided, scrip in some states, clearing house certificates cer-tificates in others. And business will go on, with some kind of .-jnoney, and good money. For awhile the old-fashioned, despised silver dollar will look like something some-thing to be treasured. But all money is only somebody's promise to pay, a government's, a bank's or an individual. No money is better than the name on it, or better than the credit of those who declare it "worth" so much an ounce. The money that you will get in exchange ex-change for your check, or as pay for your work, will be as good as any money you ever got. Only at first, as it is a new kind of money, be a little careful about counterfeits. counter-feits. Thliiadvice is for business men cajJ cixijr . NOBODY REALLY knows anything any-thing abdut money. It is a mystery mys-tery iike electricity. Men use it, deal In it, and do not understand it. Judge William Doran, of Los Angeles, An-geles, told this story today "A man found a ten dollar bill with an unusual un-usual ink spot on it. He used it In paying a tailor's bill. The tailor paid his grocer. The grocer paid his hired man. The hired man paid bis rent, the landlord used the money to pay a bill for the individual indi-vidual who' had orlginaUy found the $10 note. "That individual noticing the sabe Ink spot, mused philosophically, philosophical-ly, then took the ten dollar bill to his bjank. The banker said This is a counterfeit, and under the law I must destroy it,' and did so. But. . . , i ii - i ine man woo ongiuauy iwww iv was.no worse off than he had been. And that counterfeit ten dollar bill had paid fifty dollars in other bills, perfectly satisfactorily. The bills were all settled satisfactorily and the ten doUar bill was back in (Continued on Page Four) 4-H LEADERS ATTEND SCHOOL The remodeling of clothing and the conservation of food were the chief things discussed at the annual an-nual 4-H club leaders school at the TJ. S. A. C. last week, attended by 12 from Utah county. The local county delegation was the largest one at the school. In addition to Anson B. Call, assistant county agent, and Mrs. Amy L. Jones, home demonstrator, there were 10 county club leaders in attendance. They will demonstrate demon-strate the lessons learned at the school before their clubs this year. Tiie 10 leaders attending of the 104 in Utah county were: Grace Paricer, American Fork; Lurena Warnick, Manila; Mr. and Mrs. Glen Gillman, Llndon, Mrs. Joy Clegg, Vineyard; Ralph Anderson, Provo; Mrs. Anson Call, Pleasant View; John Fox, Springville; Clara Moore, Spanish Fprk and Mark Stark, Lcland. The Weather Utah Generally fair south, unsettled unset-tled north portion tonight and Wednesday, Wed-nesday, , possibly snow extreme north portion to night. Warmer southeast tonight colder west and north portions yednf!sday. Maximum temp, Minimum . temp. SITE GOST FIXED BY LAWMAKERS Appropriations Set $16,000 Below Revenue Sum SALT LAKE CITY, March 7 Utah state's long awaited general appropriations bill appeared ap-peared in the house of representatives repre-sentatives Monday, carrying just $16,000 less than the estimated es-timated revenue as computed )y the state auditor. The $4,630,230 is about $5,000 less than the sum the Committee of nine estimated for the general appropriations. ap-propriations. The appropriations oTil, prepared by the appropriations committee 'aeaded by Wilmer J. Maw, does not stipulate any reorganization reor-ganization of government as suggested sug-gested by the committee of nine, but it does bring the suggested appropriations ap-propriations down to the figure they suggested. Estimates Questioned Experienced 'Dudget experts, however, how-ever, were of the opinion that the $16,000 the amount was below the estimated revenue was not nearly as big a differential as required. They predicted that the revenue' would not swing about $4,500,000 in view of tkne way taxes are coming ;n. The bill also carries with it additional ad-ditional powers for the governor making it necessary for any commission com-mission or department of the state government to submit quarterly reports re-ports to the governor should he demand them. It also gives the governor the powers to have any department reduce its budget wnen in his opinion t'ne reduction is needed. He may also prevent any expenditure he thinks unnecessary or injurious and transfer funds l'rcm the departments to be used in the relief of destitute families in the state. Hospital Allowance Departments, commissioners and agencies of the state government are cut low on every side in the bill. The Utah State hospital at Provo, " and the State Training school at American Fork are granted grant-ed $500,000 in t'ne bill. The State hospital- asked for $527,560 and the training school sought $252,000. The appropriations committee is giving to the boards of control of the two institutions and their executive exec-utive officers the task of determining determin-ing the division of the money. The bill makes no appropriation for Dixie college. The senate may pass t'ne bill by Senator F. Miles for the maintenance of Dixie college, col-lege, but if they do, the appropriation appropria-tion for it will have to be written into the bill. If this is $6000 a year then the estimated surplus would be reduced to about $5000. Crop Loans To Be Made Regulations for 1933 governing crop production loans have been issued is-sued by the secretary of agriculture agricul-ture and are now available to farmers farm-ers in this county upon request to M.E. Kartchner, Jr., field inspector of the crop production loan office. Mr. Kartchner's office is in county agents office, City and County building, Provo, Utah, every Friday Fri-day and Saturday until April 29. Instead of writing to Washington Washing-ton or to one of the regional offices, of-fices, Mr. Kartchner announced, farmers can obtain the necessary application blanks for loans, and detailed information about the requirements, re-quirements, direct from him. Applications Appli-cations will then be reviewed by the county advisory committee, then certified and forwarded to the regional office at Salt Lake City for final approval and action. The regulations this year specify that only those who cannot get loans elsewhere are eligible for loans from the $90,000,000 fund authorized au-thorized by congress. Loans can be used only for crop production, and require the borrower to reduce his acreage of cash crops 30 per cent under last year, unless he does not intend to plant more than .8 acres of cotton, 2 acres of tobacco, to-bacco, 8 acres of peanuts, 20 acres of corn, 12 acres of sugar beets, 2Yi. (Continued on Page Fivei State President Of B. P. W. Clubs It hi if n is ELIZABETH L. CRAWFORD B. P. W. CLUBS STRESS STUDY Ideal of Good Club Leader Changes; Service Is Key-Word Now. By KLIZABKTII X. CRAWFORD State President B. I. W. Clubs With its background of fourteen years of organization and development, develop-ment, the Business and Professional Profession-al Women's organization has now broadened its field and its objective, object-ive, looking to increasing usefulness useful-ness in its individual members, and its federation as a whole. Study Is Stressed Particularly have the organization organiza-tion leaders this year, stressed the importance of study along economic eco-nomic and kindred lines, and the development of leadership among its members. And this plan has been followed in the work of the Utah state federation. The ideal of what constitutes a good leader in club work has changed in recent years. Formerly, Former-ly, a woman of impressive appearance appear-ance pleasing personality, and the ability to make a good speech, was assumed to be a good leader. Present Pres-ent lay morly points to the true leMdci as one who does not seek personal prestige and a place in the sun, but wants opportunity to be of real jrrvice. She is willing to sit behind the scones, and de- ( Continued on Page Five) Lethe Coleman B. P. W. Speaker A feature of National Business Women's week, is the banquet to be 'add by the Provo Business and Professional Women's club Thursday Thurs-day evening at 7:30 o'clocK at the' 'Hotel Roberts, to which invitations have been extended to members of the various men's and women's service clubs of the city. Miss Lethe Coleman, well known chautauqua lecturer and reader will be the principal speaker of the evening, and Miss Margaret Sum-merhays' Sum-merhays' ladies' quartet from the B. Y. U. w:ri present a high class program of string and vocal selections. selec-tions. The elective officers and the public pub-lic relations committee are in charge of the dinner, and everything every-thing is being done to make the evening one of the most enjoyable of the year. Each member may take a guest. GIRL NAMED EDITOR Maurine Murdock, a junior student stu-dent at the Provo high school, will be the editor of the school annual, "The White and Green," for next year, Miss Murdock winning the post over Marion Bandley in elec-tiona elec-tiona held some time ago. William Selman, also a junior, was elected business manager for the publication, winning from John Lewis. YJ " -t NEWS WIRES ! r By UNITED PRESS TURMOIL. IN GREECE ATHENS, March 7 (U.R) Greece was in tumult today as a half dozen doz-en political and military leaders contested control of the government. govern-ment. General George Condylis, army chieftain, addressed an ultimatum to President Nicholas Zaimis, declaring de-claring he would march on the capitol from Larissa in Thessaly at the head of his forces, unless power was surrendered to the "Popular party" within 24 hours. Advices .from the provinces said troops of various garrisons already had started marching against Athens. HOG PRICES .JUMr CHICAGO, March 7 (U.R) Faced by the prospect that the livestock market would be closed after today, to-day, buyers snapped up light offerings of-ferings of 12,000 hogs on the Exchange Ex-change today, at prices 25 to 35 cents above yesterday. The" top jumped to $4.40, the highest since Sept. 28, 1932. At the same time 4,000 head of cattle were being sold at prices 25 cents higher. DIES IN FIRE BOULDER, Mont., March 7 CU.R) George Pitts, fireman at a gold mine 25 miles north of Boulder, waa'barned to death and two other men gainfully injured when fire, destroyed a mill on the property Monday, according to word received receiv-ed here last night. ARTICLE II INVOKED GENEVA, March 7 (U.I!) League of Nations delegates of Ireland, Spain and Guatamala today formally formal-ly invoked Article II of the League covenant in the Chago dispute. The article provides that "any threat of war . . is hereby declared de-clared a matter of concern to the whole league, and the league shall take any action that may be deemed deem-ed wise and effectual to safeguard the peace of nations." HEAVY CASUALTIES JEHOL CITY, March 7 (U.R) Ten Japanese soldiers were killed and 29 wounded in a battle with Chinese Sunday, Japanese military headquarters here announced today. to-day. The troops were operating near Yung Chuan-Ti and were attached to the command of General Taka-ta. Taka-ta. DOUGLAS SWORN IN WASHINGTON, March 7 (U.l'i Lewis W. Douglas was sworn in as director of the bureau of the budget bud-get today, succeeding Col. J. C. Roop. Douglas formerly was a representative repre-sentative from Arizona. Previous to Douglas and Roop the position of director of the budget was held by Brig. Gen. Charles G. Dawes and Herbert M. Lord. WOOLMEN GET CHECKS HELENA, Mont., March 7 ILE Drafts for $150,000 as part payment pay-ment on 1932 wool shipments of the Montana Wool Cooperative Marketing "'association were in the mails for members of the organization organ-ization today. Murray E. Stebbins, secretary of the Montana Woolgrowers' association, associa-tion, said the drafts represented the first payment above the original orig-inal 75 per cent return of the market value at the time the wool was sold. II w - Home-Built Sail -Plane Crashes Fliers' Dream Takes Nose -Dive A sudden 150-foot nose dive in a oail plane the most advanced type of air gHder knocked out Myron Jenee, 20, and ended temporarily the gliding dreams of two Pleasant Grove youths and their companion from Salt Lake. The nose dive occurred last Saturday Sat-urday near the moutjh of American Ameri-can Fork canyon where the men, Robert Holdaway, 24, Roland Lo-gie, Lo-gie, 20, and Jenae, were trying out tHe plane for the first time. They had made several trial flights and had executed nearly perfect landings land-ings before the crash came. Machine Demolished-' Jense had. flown-ih the air & few, seconds when the plans was hit by a sudden, gust of wind and'stopped. F. B. 1015 TQ RESTORE C0IIDE1CE Roosev.elt's Plan To Be Submitted To New Congress WASHINGTON March 7 (U.R) 'Backed by the governors govern-ors of almost every state, President Roosevelt moved steadily forward today to restore re-store the confidence of the people as the first step towards to-wards success of his sweeping sweep-ing program for economic and financial recovery. He planned to center his attention atten-tion today on conferences with cabinet ministers and banking experts ex-perts in rounding out the proposals propo-sals that will be submitted to congress con-gress when it meets Thursday in extraordinary session. All activities except those pertinent per-tinent to the nation-wide financial emergency were subordinated by Mr. Roosevelt continuing the policy pol-icy of decisive action that he initiated init-iated immediately after assuming office. Bonds Are Safe - The president was hopeful that the public would react swiftly to his plan to open new bank accounts ac-counts which can be drawn upon at once. Money put in such accounts ac-counts must be ket available by the banks, deposits in the Federal Feder-al Reserve banks or invested ir government bonds. Mr. Roosevelt outlined this brief but comprehensive plan to the governors and representatives from 31 states who gathered at the White House at his call. "Recognized government bonds." he told the state executives, "are as safe as government currency. They have the same credit back of them. And, therefore, if we persuade per-suade people all through the country coun-try when their salary checks come in, to deposit them in new accounts ac-counts which new accounts will be held in trust, and the money kept in one of the new forms Ihave mentioned, we have made progress." prog-ress." Dixon School Operetta Set The Dixon Junior high school is presenting its annual operetta, "Polished Pebbles," in the Provo high school auditorium Wednesday afternoon and evening, under the direction of Alfred Swenson, musical mu-sical director. The operetta is a catchy musical treat written by Otis M. Carring-ton, Carring-ton, and is a rollicking country romance capable of pleasing any audience, according to the school officials. The evening perform.-ance perform.-ance begins at 8 o'clock, and the afternoon show is at 4 o'clock. Excellent Cast An excellent cast, including a chorus of 130, has been in rehearsal rehear-sal on the show for several weeks, and a polished performance is promised. The cast includes in the major roles: Helen Lewis, Evelyn Anderson and Alta Frampton; Jack Jensen, Evelyn Clark, Frois Froisland, Beth Lewis, Marjolrie (Continued on Page Four) The wind was so violent that he was unable to control the machine and the big silver glider turned completer. over and started its fall. Jense righted it partially and it took a 150-foot dive, nearly demolishing de-molishing the machine and knocking; knock-ing; out the young pilot, who was strapped in. The crash wrecked the machine tSiat the men have been building all through the winter in a rented ioom on Pleasant Grove Main street. Painstaking care has been taken to keep the factor of safety high. Imported wood has been used in the construction and (CQntinued on Page Fouri Woadin ii "V or Scrip - Bankers Here To Work With S. L andOgden Next Move in Provo Hinges On Developments in State and Nation. Provo bankers are cooperating1 cooper-ating1 closely with the other state banking institutions and whatever steps are taken in Salt Lake and Ogden to provide clearing house certificates certi-ficates and other media of circulation will be adopted here, said one of the local banking officials today. The feeling prevailed generally in local banking circles that regulations regu-lations for the use of clearing house scrip will be handled on a national basis, in order to facilitate facili-tate its circulation on a broader scale. Watch Developments-All Developments-All local banks have permitted free access to safety deposit boxes since the closing,! in spite of the fact ihSt of f icIaT bfcTers to " do IsO were not received from the feder al reserve until yesterday. Changed is provided for local stores where-ever where-ever needed. Bankers are watching developments develop-ments from the nation's capital closely, realizing that the crisis is of national magnitude. Some ruling is expected at an early date with regard to the cashing of government govern-ment checks, which have been is sued for R. F. C. loans, seed and crop loans. Although representatives of the four Provo banks have not met since Saturday, they are keeping close watch on the latest developments. develop-ments. A policy of close cooperation cooper-ation to maintain the confidence of the public has been in effect since the holiday was declared. The attitude of the public in general gen-eral was praised by one of the bank officials, who pointed out that the great need of the moment is keeping calm with the assurance assur-ance that this is the opportunity for a far-reaching reconstruction of the banking system on a national na-tional scale. SCRIP PROJECT PLAN STUDIED A "stamped scrip" issue for the purpose of enlarging the housing facilities at the Brigham Young university was proposed to the board of directors, Monday night, for their consideration, by President Presi-dent F. S. Harris, who is a member mem-ber of the board. The proposal involves the construction con-struction of another story on top of the Mechanic arts building on the upper campus, to house the college of applied science. This would relieve sufficient classroom space to take care of the additional addition-al registration of 200 students expected ex-pected here for next year, according accord-ing to President Harris. The stamped scrip is regarded as the best device yet found to stimulate purchasing power of the consumer and start a business and trade revival . Rapid circulation and turnover is accelerated (Continued on Page Five) Ticket Dive Is Started For Games Members of the athletic relations committee of the Provo chamber of commerce, launched a county-wide county-wide drive for the sale of tickets for the Rocky Mountain conference basketball championship series to belayed In Provo, Thursday, Friday Fri-day and Saturday, Under the. direction of J. Edwin Sfein, chairman of the committee, assisted by Clayton Jenkins, secretary, secre-tary, 17 workers, in teams of two invaded every town in the county' in addition to Heber, Nephi and Eureka,, M - I - Jf Gives Orders Gleaming Issn Percentage of Scrip To Be Allowed Agrainst Deposits; Bank Restrictions Lifted For Payrolls, Food, Medicine Needs. By RAYMOND CLAPPER United Press Staff Correspondent WASHINGTON, March 7 (U.R) Orders authorizing; issue is-sue of scrip by clearing houses throughout the country beginning be-ginning Friday, were issued today. Some localities may be allowed to start issuing scrip earlier but only by special direct authorization from the secretary sec-retary of treasury. Woodin's orders provided that: Scrip may be issued by clearing houses and other authorized associations against sound assets of banking iix-stitutions. iix-stitutions. ; ,4. Scrip may be delivered by each institution to its creditors cred-itors and depositors on a pro rata basis. " Allow Percentage Here's How Scrip Plan Is To Work Tne scrip w.'ll be backed by the full assets of the banks which issue it. In form, it will be a piece of parr about the size of regular currency and probably, in the same denominations. denom-inations. It wDl be a promise of the bank to pay. As soon as Lhe.financial strain eases, it will be redeemed in United States currency. The scrip will be put into circulation cir-culation this way: Suppose you wcrk for Jotm Smith & Co.. The Smith company com-pany has plenty of money in the bank, but under the banking moratorium it cannot get any of this money to pay you. The company goes to its bank, or to the city clearing house. There it obtains the amoun if scrip needed to meet its ptroll. The scrip is handed on to you and your fellow workers. You spend it and as it finds its way back to the clearing house the amount is charged off against the company's bank balance. Parry Outlines Case For Power Company Here "Kighfy cents out of every dollar of revenue the Utah Power and Light company gets in this district is spent in Provo," said P. M. Parry vice president and commercial manager of the company, in an address before nearly 150 members of the Provo Development association asso-ciation at the city court room Monday Mon-day night. Mr. Perry quoted voluminous figures fig-ures in his talk to show why it was more practical and cheaper for a company like the Utah Power to distribute electric power than it was to set up a municipal plant. Low Duplication Chief among these reasons was that the Utah Power has a low duplication of service. They serve domestic lighting, industries such as mines and the like and daytime power consumers so as to pay for part of the load they have to carry to give adequate service. "We have 40 plants," Mr. Parry said, "and thus need only 10 per cent of duplication. dupli-cation. "In a single unit, you would have to have 100 per cent duplication duplica-tion or you could not promise continuous con-tinuous service." The speaker said one reason for some of the agitation for municipal plants now was that unemployed engineers and electrical men were seeking jobs and were carrying around stories heard someplace else. "It is possible to make enough on a municipal plant to pay your taxes," he said, but you are merely transferring the tax to the power bill and thus making it more unfair. un-fair. You could pay your taxes with the water bill if you wanted to pay high enough rates." 50 Employees Here The Utah Power generally retains about 50 per cent of the business when, a cothpetitive plant is running. run-ning. This means that there is a loss through, duplication of service (Continued oa Page Fivei Hi otzse Friday inis was understood to mean that depositors probably would ,be given a percentage of scrip against their deposits rather than the full amount, depending upon the judgment judg-ment of clearing house authorities in each instance. For the moment there was no authoritative word as to whether New York would be permitted to go ahead at once with ita scrip, which is now physically ready for issue. This action followed earlier; orders or-ders providing- limited lifting of bank restrictions to insure meeting of payrolls, transport of food, medicines and other emergency needs. , The postoffice department advised ad-vised postma&ters in need of cash for meeting money orders and poa ta savings withdrawals and othe postal expenditures to draw on banks in their territory. Courage Is Praised The courage of the American people in meeting the emergency-was emergency-was praised by Secretary Woodin. "I doubt if any nation in the world would have faced the situation situa-tion in the same spirit as trie American people," he said Indications that former officials were collaborating with the administration admin-istration was seen in the fact that the two highest treasury officials of the Hoover regime were with Woodin today former Secretary of Treasury Ogden Mills and farmer far-mer undersecretary Arthur Bal-lantine. Bal-lantine. Throughout the emergency regu-iations regu-iations issued in rapid-fire order were designed to adapt the rigors of the .enforced holiday to - the needs and convenience of the public. pub-lic. Arrangements were made to permit per-mit cleaning up of checks written before the holiday, provided-- no outlay of cash was involved. Throughout, however, emphatic pr-ders pr-ders were maintained forbidding payments of gold or gold certificates. certifi-cates. Banks also were authorised to resume their functions as trustees of estates and other trust funds, provided that no currency is paid out. SILVER GOES UP IN PRICE NEW YORK. March 7 Silver advanced In price 2c an ounce on last Friday's quotation today when an official price of 284 cents was quoted by the firm of Handy and Hartman, bullion dealers. List Honor Roll At Lincoln High The scholarship honor roll at the Lincoln high school for the second quarter was announced today f by Principal Karl Banks as follows: "A" grade in all subjects: Essie Barrett, Mary Blake, Virginia Burr, Tfcora Clark, Lyle Holdaway, Yvonne Jones, Afton Lewis, Portia Salisbury, Margaret Taylor, Lucila Vernon, Alta Clinger. "A"-minus average in aS classes: Nadine Johnson, Viola Madsea, Josie Muhlestein, Grant Davis, El-va El-va Johnson, PhyUis Johnson, Maurine Maur-ine Bigelow," Sue Korenaga, Ev Madsea and Delia MuhJestein. v- - , |