Show THE SALT LAKE TRIBUNE FRIDAY MORNING rBANK DEPOSIT -- i The Day in li ' lt : SENATE GROUP V 4 Ident Roosevelt made two moves toff day to assure depositors their savings f Were safe in the banks He sent to the senate banking committee a bill to extend for one year the temporary bank deposit insurance law under which approximately 99 per cent of the banks in the country Bow are operating The chief executive coupled with this the publicising of a letter declaring that the surrender of gold to the government by federal reserve banks ' "m no way impairs the strength" of L the institutions ’ Observing that 99 per cent of the —4- - hanks and 97 per cent of deposits are —I- - Insured under the temporary law the $' president said in a message to the 1 senate committee headed by Senator Fletcher (D Fla): t laaaraace Reality m This would indicate that insurance £ hank thf deposits throughout ' country has become a realty and that 1 we can now afford to advance toward j the more complete accomplishment of the aims of Congress in light of such further experience as a year's of the present insurance j extension ' 4 swill afford" ' x Black made public the Roosevelt let-ter on the gold "The law itself" the president Black last week "in no way ( Wrote '4 Impaira the strength' of the federal j reserve banks They have almply ex-changed their gold for gold certifi cates issued by the treasury and col lateralized by 100 per cent of gold Credit Net Impaired coll a ter hj "These gold certificates so tiled with gold supply all reserve re-- j quire ments of the reserve act This I bill interferes In no way with the llcredit currency or supervisory of the reserve banks JTheir powers will continue to be ex! ercised In the Interest of agriculture 'commerce and industry just as they "have been for the pajt 20 years” i 'The federal reserve system Mr j Roosevelt said had been of “incal-iculable value” through the 20 years tlof its axistenca and had given "splen-diservices” in the efforts toward re-' ' r £ 1 d 1 covery "It has stood loyally by the lnter- sts Of tha people” the president said supplying them with a sound Vby i currency by placing at the disposal of member banks a large volume of re-'aerns available to finance recovery I by exerting a powerful influence Howard rehabilitation of the commer-fclbanking structure and byco-- j operating in every way with the gov-- J ernment's financial program” j al H FRUIT CRADLES MILAN Italy Tab J5 (KMusao-Jlni’- s orders to the Italian people to increase the birth rate prompted fruit to display their products In hcradlea at the annual winter expoai-- I different mod-- j tion hare i Ninety-twels of rustic manufacture were on display laden with apples oranges ! pears and other fruits that abound in J Italy during tha winter ! Last Rites Set -- Relaii’r-ewni JKage 'r s ' S Seale Jy "" j - y -- (Continued from Put Pe on Senate investigators produced evidence to support governmental regulation of stock exchanges be quarter-m- Killing of 'Hiree In Havana streets Mars Maine Date ’'d ll Por-rist- 2 2 SALT LAKE 445 445 VALUES VALUES Melyin A Traylor us DEAD BANKER Condolences Flood in to Traylor Family From All Sections The nation CHICAGO Feb 15 joined with Chicago tonight in mourning the death of Melvin A Traylor internationally known banker and political power Messages of condolences received by the family from all parts of the country testified to the high esteem In which the man who Jose from a "Kentucky log cabin to the presidency of one of the world's largest banks wae held by friends and business rivals alike Traylor president of the First National Bank of Chicago died last night of pneumonia complicated by the presence of a microorganism knoWn as the Friedlander bactUu He was 55 years old From the White House came a telephone call asking information about the funeral arrangements The state senate of Texas the state in which Traylor got his Start as a banker adopted a resolution expressing regret at his passing Funeral services will be held at 2 p m Saturday at the Fourth Presbyterian church Beqt Fund Placed Back in House Bill (Soseial to The Tribuns) WASHINGTON Feb the recommendation made by Representatives Robins and Murdock the house appropriations committee has restored to the agricultural appropriation bill the customary appropriation of $60000 to be used by experiment stations in con tlnulng work to combat curly top and other diseases of sugar beets Restoration of this appropriation was strongly urged by he Utah Beet Grower’ association- Farm Hand Kills City Marshal in Courtroom y GRANGER Texas Feb 15 Lindsey 40 city marshal was shot to death and Sam M Moore 38 constable was badly wounded here today by Louis Cernoch 35 a farm hand who had been arraigned in the court of Justice of the Peace J W Munn The officers had arrested Cernoch and taken him to tha court He had been sought after he had left this community some time ago without After the shooting paying a fine Cernoch was placed in jail (AV-Henr- Buy several pairs now-pri- ces will never be so low again— every pair All silk chiffon hose 69c— 2 Pain $125 216 SOUTH MAIN Cos-tiga- n Beet State Delegations Will Hold Conference WASHINGTON Feh13 (A- VCharles M Kearney president of the National Beet Sugar Growers’ association said tonight a meeting would be called for Saturday or Sunday of members of congress from beet sugar states to determine their policy on the sugar question He indicated representatives of beet growers also Feeling of Weakness Nausea Sleepleienesa Frequent Headaches Mouth Acidity Loss of Appetite Sour Stomach BUSINESS GIRLS The Junior Business Girls will hold a meeting in the Newhouse hotel al 730 p m UTAH SEI CLUB A meeting of tha Utah Ski club will b held in the Newhousa hotel 8 at p m -- v V -— m What to Do For It TAM— t tssspoonfuls of Phillips' Milk of Mignnis In B (Ism of wator ovary morning whan you gat up Taka anothar taaspoonful thirty minutas after eating And another before you go to bad ££2 ' OB— Taka tha new Phillies' Milk of Magnesia Tablets - t fatfrf for osch Jesspoonful as directed above If you havi Acid Stomach you can After-mepains and discomfort easily trace it The symptoms go You feel freedom from dull A “Spirit of 1934” open meeting above headaches stomach pains headaches That "afternoon fag” will be held at the clubrooms at 8 after eating “gas" “upseti’i are —you think is depletion or ''nerves’ " D m by Salt Lake eerie No 87 Fra like- another the usual indie attooir- disappears-Youfe- el ernaT DrdWtffEagtw: — The--frNow—tb'feUaid of L you—parsoo — People aradaingthism gram will Include playlets talks mu- need do is follow these directions: doctors advocating it everywhere sic and danca numbers TAKE: 2 teaspoonfuls of Phillips But when you buy be sure to get Milk of Magnesia in a glass of the REAL article— Genuine PHILAnnounced birth water every morning when you get LIPS’ Milk of Magnesia— --the kind Mr snd Mrs Robert Murray StewTake another teaspoonful thirty doctors endorse Always ask for it art 1111 South Thirteenth East up minutes after eating And another by the name PHILLIPS’ street Announce - the birth of a before you go to bed Or— you can daughter at a local hospital Thurs- take Phillips' Milk of Magnesia day night Mr Stewart ij an attor-Mr- s Tablets ALSO IN TABLET FORM substituting one tablet for Stewart is well known for of each the and teaspoonful liquid Each tiny tablet is ths ictivity in civic affairs equivalent of a tee get the same result of Genuine spoonful FORESTER TO TALK It— You Will B Amazed! Milk of Try Phillips' Magnesia POCATELLO Idaho—Dr George chances are it will this and Try Stewart Ogden tntermountain for- make a great difference in your life mer and ranger from the experimenMSMSgn NRA tal station there will deliver tha prin- For this small dosage of Phillips’-Milof acts to neutralize cipal addreaa at the annual Foresters’ atomachMagnesia MILK OF MAGNESIA acids causing distress club banquet March 9 al Ragles club o- carry our lull guar anted of fit wear and complete satisfaction "we delegate our taxing power and our appropriating power to the He may secretary of agriculture decide from whom he shall collect and to whom the money shall be paid " That system he held was Wholly wrong King Oppeses Limit Senator King who followed Vandenberg differed from the Michigan senator in that he would place no restriction whatever on domestic production not even on the basis of He maintained that plant capacity as long as we do not produce an exportable surplus of sugar and now produce only a fourth of what we consume there should be no limitation whatever on domestic production When Senator Vandenberg showed that the president’s quota while heavily curtailing the beet quota had increased materially the cane quota on Louisiana and Florida Senator Huey Long interjected: "That is the first thing we have gotten out of this Democratic administration” In differing with the administration Senator King said there was no jurisdiction for imposing quota restrictions on any crop of which we do not have an exportable surplus The United States government for years has encouraged the expansion of the beet sugar industry and to now impose restrictions when every effort is being made to rehabilitate agriculture would be unjustifiable He will offer an amendment to the bill which in terms will forbid any restriction or processing tax on any commodity unless our production exceeds our consumption In Utah and Idaho Senator King said beets are the most important agricultural crop During the depression with many of the mines closed down with the livestock industry at low ebb the beet crop the only cash crop is the most Important source of revenue to the farmer He therefore will not support legislation which he fears will disastrously affect the beet sugar industry of the west The Signs of Acid Stomach er $445 Cuba’s differential ‘‘Under this bill" said Vandenberg Nervousness Neuralgia Indigestion ADVISORY COUNCIL Tha chamber of commerce advisory council will hold a luncheon meeting at the chamber at 1215 p m Volyas to 5 Makes Itself Known to You CREAMERY OPERATORS luncheon meeting of creamery operators will be held at the chamber of commerce at 12:15 p m CALF obliged to make a 32 per cent reduction m their crop thts“year Acreage Cot Held Ruinoue Such a reduction In acreage he said He argued that would be ruinous the domestic quota should be determined not by the crop of any year or average over a term of years but by the capacity of our beet sugar factories and any quota short of the maximum capacity of plants would be unfair Te illustrate his point he said that of 26 factories-i- Utah and Idaho an average of only 15 have operated in recent years in Ohio Michigan and Indiana with 22 factories 14 have operated but in the Rocky Mountain states other than Utah and Idaho-3of the 36 factories have been operating He therefore argued that the president’s quota plan of enforced reduction would most heavily hit Utah Idaho Ohio Indiana and Michigan and would be felt far less In the other states Senator Vandenberg further this processing tax gets into the courts it is bound to be discarded as unconstitutional” When that comes under the Costigan bill ha pointed out that the beet growers would have their bounty cut off but would be left facing keener competition from Cuba because of the reduction in tariff and Increase in How Common “Acid Stomach” A SMART BUCK '' - COMMUNITY CHEST WOMAN DIES AT AGE OF 11‘ The budget committee of the ComABERDEEN Wash Feb 15 (AV-M- rs munity Chest will meet at 4 p m in the Beason building to consider Marit Olson who had lived here budget requests of agencies for Feb- 33 years died in her 102nd year last ruary night leaving at least 126 direct descendants SALES MANAGERS Dr Adam S Bennion assistant to the president of the Utah Power & Light company will speak on "Matter of Interest to Sales People'1’ at a meeting of the Utah Sales Managers' association at the Ambassador hotel at 830 p m Other speakers will be Charles E West and Fred Greene PARENTS AND TEACHERS A meeting ofJhe Wasatch Parent-Teachassociation wilt be held in the school auditorium at 3 p m -- Jir-al- ' Phillips I Cali-imjjn- n Rose-cran- 1 u old-ag- e flavor Da - conference committee of managers which announced the railroads’ request said he would call another PrekldeiitRoosevett— gubmrtted - Jmeetlng Ohcconimlttee immediately upon receiving the TTrestdenfr legislation for extension of the temporary deposit insurance plan tetter “Ha-de' one year in advance The meeting he said Details of public works projects committee afnd policies were requested by would be held m Chicago The cut if made effective would the senate slice 5 per cent from the present pay The president Secretary envelopes of the 900000 or more and Governor Black of union men employed on the disthe federal reserve board illion miles of railroads in the cussed credit needs of small busiUnited States ness A 10 per cent ''deduction’’ in their pay has been in effect since early in retax Income for Publicity 1932 but the basic rate of pay has turns was demanded in the house not been changed The 10 per cent slice first was set for one year’s Jefferson Cafferty-- was conduration but was extended for anfirmed as ambassador to Cuba other year after delay caused by Senator Call Conference Long committee of The conference The senate voted $32382429 for Managers of the roads- in serving interior department expenses durtoday's notice upon members of the ing the next fiscal year Railway Labor Executives' association called the union officials to The house authorized investigconfer with them ’ in the Chicago ation of pension systems Union station building at 10 a m President Roosevelt signed the March 1 Such conferences are required by $930000000 relief-- W A bllL the railway labor act of congress which also calls fop government meThe farm administration comdiation before any rail labor strike pleted a tentative marketing In the event the tinion members and for meat packers agreement their employers could not reach an agreement interested parties said months of mediation would follow before a strike could be called Officials of railway unions and brotherhoods surprise expressed when told of the carriers’ notification of the 15 per cent cut A F Whitney Chairman of the Labor Executives’ association said at HAVANA Cuba Feb 15 (UP)— Washington that news dispatches provided his first Information about the Assassination marred Havana's move and added that members of toof the Maine disaster the association would have nothing — -formal noday when three persona were killed to say until they of it tice and three others gravely wounded in Other labor leaders made similar an ambush attack in the street statements but Indicated they beThe unidentified assassins in one lieved any cut would be apposed solmotor another automobile attacked idly by the employes Some union car with sawed-of- f shotguns and sub- officials said they believed the roads a Sztmes Juan machine guns killing the cut in the hope of maksol- proposed Hungarian Valentin Valdez a ing the present 10 per cent reducThe dier and Aurelio Vasquez tion permanent and perhaps to tore-staPolice were Captain wounded an attempt by the unions to and Julio Brito have the 10 per cent restored Sorhegul Raimundo Dieguez former detectives Decline te Comment Ail except Valdez and Vasquez of the conference comMembers Anwere defendant In the Freyre of managers and railroad ofdrade murder trial and it was be- a mittee declined to comficials generally lieved the assailants were either ment saying only that the financial sympathizers revenging Szemer condition of the roads and the notice recent testimony against those accused of the 1932 political murder of to employers fully bespoke the situathe three Andrade brothers or otheis tion The employers' demand for the retaking tha law into their own hands duction however recalled the followbecause 'tf President Mendteta’s deing itatement by White last June cree abolishing the death penalty after the roeds had demanded a per cent slice: RECORD GOLD CARGO LANDS 22 "1 am certain tha railroads cannot NEW YORK Feb 15 (iP)— Forty-fivexpect their employes to million dollar in gold consigned seriously take further cuts In pay when wages and reserve York Federal New to the are being Increased in other Indusother banks arrived on the liner Paris trie! and the cost of living is mountand England ing itesdily The employes and tonight from Franca Shipping officials believed it was the their representatives never will ever landed agree to it" largest gold Shipment v- — here The roads' notice that a 22 per cent cut would be made effective was rescinded after negotiations by Joseph B Eastman federal coordinaEastman said tor of transportation after announcing withdrawal of the notice that “neither the employers nor tha employes wished to do anything that would in any way embarrass or threaten the administration’ recovery program" The fintst BRAWLEY Calif Feb 15 (P) — Fearing that the strike of 3000 pea pickers in the Imperial valley may get out of eontrol authorities today asked federal assistance in preserving order and protecting property luirae —A moUir-pat- ml of 20 QlLcfritram r r coun-l®San Bernardino and San Diego ties was sent here today but Braw- - naoltnrqt ley officials asked Campbell McCul- - than louch secretary of the Southern forma division of the National Labor'1 pines The actual rut in domestic pro350000 barrels of American board to request the service of Nearly duction he saidwould be 18 per cent petroleum were shipped Bte China United States troops from Fort of last year’s crop which would mein last year near San Diego L O' V' if X W TODAY IN F I: Aid of Troops Asked In Pea Pickers’ Strike SUGARQUOTAS Roosevelt' Afeks Carriers to FELTMANACURME ML would be invited to attend ‘the conference Kearney said the chief issue now confronting sugar interests was the production quotas recommended recently by President Roosevelt particularly with reference to Cuba Referring to the l994($Q(M0n quota recommended for Cuba compared for domestic - beet Domestic Limitations Un- with 1 445000 growers he said the quotas were subfair to Western Beet In- ject to criticism inasmuch as domes-tie- consumption u greater than domestic production He dustry Says Utahn ion the UniteH States" opin quota should not be lower than Cuba's from — unit (Continued Associated Prr- - continued six months 15 (ff)— Pres- - o B Walter F Brown Hoover postmaster general agreed to testify in the airmail investigation that sent L H Buttin to jail 16 1934 KING ASSAILS TO AVOID CUT President Roosevelt met railroad pfoposalsfof wageculs with a request that present rates be As- sure Patrons of Safety of Savings 11 ' Washington BILL SENT TO it tt Roogevelt — Sieves — to RAILS URGED FEBRUARY s comes from Real Juices I |