Show A THE SALT LAKE TRIBUNE SUNDAY MORNING FEBRUARY 21 1932 POLICY OF U S Labor Committee’s Head Plan Newsmen ‘Impeach’ Old Friend Presses Relief Bill Japanese Flank Attack In Mock Trial on Senate Floor WASHINGTON Feb 20 OF WAR PERIL WAY TO SEVER ask house the will Connery to lules BORAH WARNS IKS FRANCE IN -- DEBT WRANGLE Idahoan Politics Clouds Major Issues British Plan Strikes Snag (Continued from Pet One) cut railway rates more than cent 3 20 per DECISION SETS Flaj s Economic Boycott Proposal as Road to Conflict (Continued fron Fuc On our own country and a crime against our own people" The state department has met so many rebuffs in trying to bring peace in Shanghai that it has abandoned active overtures pending a more favorable opportunity for the extension of good olfices China’s appeal yesterday to the department for another effort on the part of the United States to persuade Japan to discontinue its military aggression has not been answered but Secretary Stimson has it under consideration Envoys Make Appeal Nelson T Johnson the American minister to China and the French British and Italian minister to China made a final attempt at conciliation Fiiday before the expiration of the committee give prefened legislative status to the $700000000 fedcial relief bill approved by his labor committee “I will seek a heating early next week" Connery said today He said the bill is similar to that proposed in the senate by Senator Hatiield (Rep W Va) It allots $300 000000 for loans to states for direct grants to states unable to borrow and $200000000 for public buildings FILIPINO TIES for Japanese Take Strategic Town In Manchuria MV-Aft- Now? S00GREATER SECUR iTY Than Required by Law! - TJ Our Reserve Fund to Protect You Against Loss Is 500 GREATER Than Required by Law And in Addition: u a o X There Can Never 4J rs V STATE SUPERVISED: operations of the Company are strictly supervised by the State Banking Departments of all states In which the company operate® All Be a C INDEPENDENT C P A AUDITS: “RUN” 0 Complete Independent audits are periodically made by Scholefleld Baxter Certified Public Accountants On a Bldg & Loan Phono — Writ Our average loan and real estate contract does not exceed $1000 assets are not concentrated but are well diversified and secured or Call— Learn Why J 4 1 Reflation y Jie ir on nd 1U IV mr e’ ') thus EMPLOYEES BONDED: and employees (Including collectors messengers and salesmen) are covered by a $2500000 Blanket Bond thus protecting the Company against any loss All officers A Invest in Your Choice of— Loan Firm Yields two-yea- Wells & DIVERSIFIED INVESTMENTS: Go Former Head of I sb's We have a plan that offers you Nurse Sues for Stock Deal Money Two Accused Face Contempt Charges $375-0000- Now is the time to consider and seek the utmost degree of Safety in the Saving or Investment of your money— whether in small or large amounts? in JJ is going ahead steadily During 1931 the state division of waP ter resources reports more than SHANGHAI Feb 21 (Sunday) was spent by private investors — Japanese military officials exThe 6tate at the present pressed high hopes today of What they in dams expect to accomplish along the bat- time has under consideration a statewide water conservation tle front here They hope to push westward of program — Klangwan they said and place their SCHOOLS CLOSE troops in position for a flanking moveST CLOUD Minn Feb 20 OP) — ment southward in a drive against All educational institutions except Chapel They expect to experience their se- three in this community of 21000 perverest opposition when they tackle sons were ordered closed for a week this area Here the Chinese are well today due to influenza which ha kept entrenched within a congested sec from 700 to 800 pupils from classes tion which makes the open style of fighting such as that yesterday east perience their greatest danger as it from both the of Kiangwan impossible is feared that When the Chapei battle begins the Japanese and Chnese positions may foreign quarters probably will ex- shower the international settlement Yoiia ar Vjl CaL (UP)— Tha of water resources in Hawes-Cuttin- - y SACRAMENTO Against Chapei development California Don’t Hoard! un-de- ST” California Water Resources Mount an WASHINGTON Feb 20 (!’)— One are the men you have helped and have been left without adequate day not long ago James D Preston who means of requiting you resigned his job as superintendent of In short you are guilty of having the senate press gallery a post he had earned our profound lasting and conheld for 34 years stant regard" ’Peeved” at losing their old friend A handsome silver service and Senate Committee Agrees and adviser the capitol press corps bounteous check sccompanied Pres today “impeached” Preston in a mock ton back to his library “prison" New on the Bill on floor of the senate Preparing trial The "accused” now librarian of the WETS LEAD InVoTE was senate quickly found guilty of DES MOINES Iowa Feb 20 (UP)-- Wet Independence "devotion friendship and service far sentiment is running ahead of dry LIFTON’S-WILbeyond tire average known among FILED in a newspaper straw vote conducted your fellow men” ( Associated Precs) LONDON Feb 20 Mh— The will of “You have into stolen our affecin — Iowa the Des Moines WASHINGTON Feb 20 the late Sir Thomas Lipton filed for tions" read the sentence pronounced Register bysays a copyrighted Sunday story probate today showed an estate valfor the Philippines in about by Fred Essarv of the Baltimore Sun The paper said that of the votes count- ued at 568068 pounds worth $1953 19 years is the object of a bill to be "and for lo these many years have ed 17836 were against maintaining 000 at current quotations The duties leaned upon you as upon a rock laws and 16- - will amount to 225000 pounds ($776drawn next week by the senate ter- we present prohibition to strengthen and a staff to guide Weoi4 favored the 1250) present laws ritories committee This would be equivalent to an enormous subsidy to German industry and the differential would be insurmountable The situation in EuThe basic principles of the measrope would be like that which would exist in America if railroad rates for ure were agreed upon in an execuproducers in say Pennsylvania and tive session of the committee today Ohio were 20 per cent lower than In after compromises had been reached the rest of the country It is to eliminate this kind of speon provisions of the Hawes-Cuttin- g cial advantage that the French govand King bills and Vandenberg ernment is proposing that Germany Drafting the legislation will be startbe asked to bond her railways to an ed next Wednesday amount which will produce an anmeasure g With the ultimatum nuity of 660000000 reichsmarks Japanese as a base the bill will provide for an minon the called They Japanese at the end of 15 years They are willing to have these bonds island Shanghai and were assured dating plebescite ray no interest for two years They isterhimat that from the adoption of a connow rest “matters with by do not insist upon any particular distitution vision of the proceeds among Ger- the Chinese authorities’’ Limit on Free Importa The minister reiterated Japanese many’s creditors They do insist that the fixed charges be continued so that Japan was merely trying to pro- Meanwhile Philippine Imports to that in a general recovery Germany tect Japanese interests and the for- the United States now duty free would be limited for 10 years to presshall not have acquired advantages eign settlement An appeal also was made to Gen- ent totals and full duty applied to by the process of bankruptcy eral Tsai Ting-Ka- i the Chinese the excess French Embarrassed at Shanghai by CapImmigration into the United States The French attitude toward the tain William Mayer of the American the debt to America is accompanied by a army and Bntibh French and Italian also would be restricted during has committee the but trial period of On army officers Johnson advised feeling deep embarrassment yet to fix a quota the one hand there is the solid dePromise to Curtail Fir For the last five years preceding termination of the French people not The officers asked the Chi- the plebescite on independence there foreign to pay if they are not paid On the nese general to protect the Yangtze would be graduated tariff increases other hand there is the principle of section of the International setthe sanctity of contracts which is poo oq all shipments to the United States tlement fire These would be reciprocal applying the basis of all French dealings with The against artillery general replied that shells fall- also to American exports to the Germany This moral defect in their ing in that section a to were response islands positipn is quite plain to French Japanese artillery fireiHe said he The committee the disapproved logic would not fire in that direction again For the moment one can hear in if assured that no proposal to make the tariff changes Japanese artillery all at once rather than by what ChairParis any number of arguments to is in position in the settlement area man Bingham of the committee called explain away the dilemma The most effective to my muid is that when graduated “step-ups- ” President Hoover imposed the mora- HOOVER ASKS WIDER Requires Philippine Approval torium in June he ruptured the a law BANK LOAN LIMITS The bill could not become Young plan of which the United until it had the approval of the PhilipStates is not a signatory and associpine legislature or a convention called ated reparations and war debts (Contlnu4 Irom Pas One) especially to consider it Complete the single category of intergov- to the drive for the legislation today independence would depend on the ernmental debts predicted that it would restore nor- result of the plebescite Holds U S to Blame mal banking conditions and end the This would put independence The French say that President fear which has gripped bankers and aw ay about nineteen yeai s” said Senator Bingham He figured at least Hoover destroyed Germany’s will to depositors “The bill passed by the senate yes- four years for action by the island pay reparation and that the United States is morally bound- to acknowl- terday” he said “will accomplish the legislature or convention and framto France desired result will loosen up credits ing of a constitution edge the consequences The five cardinal points of the Why they ask should the United will restore the normal flow of money States presume even without con- throughout the country will dispel measure were approved by big maOnly two senators— Kins sulting Germany’s chief creditor to the fear that weighs upon the minds jorities Louisiana boil suspend Germany’s payment unless of the people with regard to the eta Utah and Broussard the United States recognizes that all bihty of banks will free bankers Democrats— held out for a five-yethe debts are really one great trans- from the dread of runs on theLr banks trial period before the plebesciteCutSenators Hawes (D Mo) and will restore confidence action? generally authors of the bill That some such argument as this among the people and thus restore ting (R N M ) final draft will be will be used if congress refuses to those normal conditions that spell upon which the founded wanted-- shorter period but reconsider the French debt is cer- prosperity in our land” consented to 15 years on the final tain It is a powerful argument in vote morals if not in law But actually Democrats Push Drive Secretary Hurley who figured In the effort will be made to settle the several hot exchanges before the Bureaus problem rather than to debate prin- For Slash committee last week in pressing his ciples WASHINGTON Feb 20 (A— De- contention the Philippines were not Purpose Bevealed termined to reduce governmental ready for independence was ques That is fhe reserved purpose of costs the Democrats today pushed to tinned briefly today He left several the proposal to bond the German the house doors their proposal for a documents with the committee railways These bonds would pro- special economic committee to force vide a fund quite insufficient to pay a curtailment of federal activities Meanwhile they received an unexall the claims of all the creditors but still something substantial on pected setback when their army and which the governments might by scal- navy consolidation bill was bogged down m the expenditures committee ing down reach a compromise A compromise involving substanFollowing the party policy of worktial sacrifices by every country is ing toward a balanced midget by 1933 the only possible solution which can through slashes in appropriations and avert repudiations or defaults and increased taxes the party leaders exall that they imply In the way of a pect to be in position to recommend brutalization of international Inter- abolition and consolidation of certain CHANGCHUN Manchuria Feb 20 course Public men have a very government agencies by April 15 er a three-hou- r battle 500 grave responsibility and any man The Douglas resolution authorizipg who commits himself against the pos- Speaker Garner to establish a spe- Chinese soldiers were driven off with sibility of a compromise is causing cial committee of seven to work with heavy losses today by the Japanese a deep injury to the whole world the appropriations snd expenditures at Tunhua one of the most There seems to be a gentleman's groups in formulating the reduction garnsoh towns strategically in Kuin important agreement in Europe to cease making program was approved today by the province house rules committee public comments until the Lausanne The Japanese rushed In reinforceconference meets It would do much ments from Kirin and Changchun to Joint Survey Urged good if our presidential candidates committee members change the tide of battle and their Republican did likewise maintained the survey should be scouting planes flew over the warmade by a joint congressional group ring troops Japanese losses were put (Copyright 1932 New York Tribune Chairman Pou plans to bring the res- at three dead and 12 wounded and Inc ) olution up for final house action next numerous Chinese were killed There has been a Japanese garrison week Favorable action expected today on at Tunhua since February 17 when a the Byrns bill to merge the war and rebellion led by General Wang Teh-lopponent of Hsi Hsia governor of navy departments and effect a Kirin began to look dangerous Hsi yearly saving failed to ma Hsia is one of the military leaders terialize in the expenditures comMiss E M Olsen a nurse claims mittee A subcommittee was ordered who joined in the formation of the that she lost $6000 by purchasing 7500 to make a further study of the pro- separate Manchurian state under shares of stock in the Western Mort- posal in view of claims that It ran Japanese auspices gage Syndicate through false rep- counter to existing law resentations of Edw'ard L Gibbons in Although a motion was made bea suit filed Saturday in Third district hind closed doors to approve the meascourt She sues to recover the $6000 ure it was not put to the committee Miss Olsen alleges that Mr Gibbons by Chairman Cochran when it became represented there were only 15000 evident party lines would fall Rep shares of stock outstanding that he resentative Martin Democrat Oreowned half of them and that he gon a former general in the army George H Butler former president would sell the other half to the plain- opposed the proposition along with a of the defunct Western Livestock tiff so that between them they would number of Republicans including Loan company surrendered Saturday own and operate the syndicate which Representative Schafer of Wisconsin at 12 15 p m to United States Marheld property worth $250000 Representative Williamson Republi- shal W Vosco CaUw Later Miss Olsen alleges she found can South Dakota favored It Butler who was convicted of using that 23500 shares of stock were outthe mails to defraud in connection Sees Favorable Action standing and that the syndicate Cochran expressed the belief how- with promotion of the livestock loan owned little property of value She ever was given permission to favorable action would company assert she rescinded the contract and come thst to visit his a reasonable time de- return to San Francisco within asked Gibbons to refund her money who is 111 Butler will then from Hoo- sister President spite opposition but he refused and Secretaries Hurley and Ad go to Portland Ore where he will She seeks a restraining order to ver ams Meanwhile the committee will meet Marshal Call on Friday or SatMarshal Call will then deprevent Gibbons from removing the consider the administration’ proposal urday liver him to th federal at Me money from a safety denoslt box to create a public works department Neil island to begin prison a where she alleges he placed it serving to concentrate all the public building activities under one head Secretary Theterm former business executive was Hurley has been asked to appear next sentenced after conviction in federal Wednesday court The conviction-w- a upheld by President Hoover's special message the circuit court of appeals Butler auWednesday asking congressional hs St been under bond snd thority to revamp the government set- came to Saltliberty Lake Saturday from is backed by Republicans Los beirg Charges of contempt of court were up Angeles filed In federal court Saturday and bills to carry out his request are to be before the expendl agslntt John Psppss alias "Captain” tuies brought committee C of C Arranges Tftlk on and Harry Calls who allegedly op erated a bootlegging establishment ’Building Better Gties’ whilo the place was closed under House Vote Nears The two are temporsry Injunction Short Sale Charles E Watkins of the American in technical custody WASHINGTON Feb 20 (AV-T- ht The complaint allegej the man had City bureau Chicago and former Inhouse 1 It heard eleven pints of whisky at 35 2 West today that will have t diana district governor of Rotary Second South street February 3 chance shortly to vote on measures International will address the mem to short regulate while hearing on the temporary inselling on both com- bership meeting of the chamber of commerce Wednesday at 12 15 p m modity and stock exchange junction was pending The original csss Involving the Representative Sabath (Dem I1L) it was announced Saturday by J G plsce Is pending aaalnst Steve Dra author of such a bill cited the recent King assistant secretary of the rham Mr Watkins will speak on Steve Harris snd Harry Feros The action by the New York Stock ex ber temporary InluncLon wag issued No- change mulcting short sales activi- “Building Better Citlei" ties He recalled that Richard Whitvember 16 19J1 ney president of the exchange was t Ark) made a similar prediction about FORUM SETS HOOVER TOPIC gufit at the White House shortly be- - the measure being considered by the President Hoover's administration fnr th nw orders went into effect agriculture committee of which he Is v ill be discussed at a meeting of (he 1 hen he said a member whiih would give the sec People s Open I orum Sunday at 7 30 “If I had been president of the letary of agriculture authority to sus P m in loom 404 city and county United Slate I would have told Mr pend short selling privileges building C T Stoncy sccietary an Whitney to go b k to New York and That bill he asserted “would give lioimced Saturday absolutely stop IP Short selling the government the power to step In Sabath said the bill now before the and stop it putting an end to this From the fall of the Roman empire Judiciary committee to regulate short business of a few men putting the Until the beginning of the 15th cen- - sales would be reported soon country In a hole for their own per- I taeaala were almost unknown I Repicscntative Glover IDcm aonal profit1 T FULLY PAID 6 6 COUPON CLIP STOCK PREPAID STOCK-MONT- HLY INSTALLMENT 5 GOLD BONDS-- OR MONTHLY INSTALLMENT STOCK 6 MAIL COLTON TODAY I 1 (Jmt t Lead Pencil) Mark “X” opposite form of investment you’re interested in and sign and mail coupon: 6 Fully Paid 6 Coupon Clip Stock Prepaid Stock 1 Monthly Installment 6 6 MonthJy Installment Stock (TrT) Cold Bonds or I Name I Address HU Cniteponanr Confidential an In qulry Doe ? ynt Obligate Von In tli J Leant1) (pONSOLIDATED BUILDING & LOAN CO A Guarantee Company Not Connected in Any Way With Any Other Financial or Commercial Institution SUITE 506— Deseret Bank Bldg: First South and Main Waa&tch 4009 Don’t Hoard! 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