| Show '' ! j f Tlie Weather Loral Mefal Markets Gold Silver (newly mined) Silver (foreign) Conprr elortrolvtie delivered Connecticut valley 4 Lead Utah — Fair Saturday Idaho— Partly cloudy Wyoming — Generally fair Nevada — Cloudy cooler Vol h Ir I Salt Lake Lit) 139 No 30 U S Airs Plan Boos For Loans to Host r m- - Little Business ve” for t the More Leeway Sought in Credit Set-U- ins lav nit mi- - ate of ber j 4 Salt ins of - ‘ s industrial expan- Before a senate subcommittee on hanking Ernest G Draper a member of the reserve system’s board of governors disclosed that a re- £ nrd ins ' - quest would be made for legislation giving the reserve banks much greater leeway to meet the credit needs of the "small business man" Meanwhile Secretary of Commerce Hopkins slouching back in a swivel chair at his office gave his emphatic backing to the thesis repeatedly expressed by inner circle new dealers recently — that the government should provide funds for Industry “because it can't be done irty he hey oan K— ji and j hot ties - eed iv as hat 're- - ' i ‘ $5 a Mon ill by ges the late atic private capital at this time" ‘ leal in mid uch this Stir Hope tc for Reiion E i 13 : :- i rug-ha- 1 - could and and' lould roiip‘ S m one-ha- three-tenth- lf -- n n I a e r 0 S ill Kr light h e 1 BIRKENHEAD England Sat- urday June 3 (F) — Despite abandonment of hope by builders of the submarine Thetis the Jr admiralty announced Saturday that divers reported faint tappings on the hull of the vessel in which 90 men are entrapped The tappings were heard at f ' i mm- - t 1 S& & v j " ji '? $ 2 a ir 'VIIK i V V H ' £ f " ' 1 p "euiii I 9 4 C 4£ "The admiralty stated that diver 2 a m that they heard fnnt tappings in the submarine Push Forward rrpoited at "Salvage operations are proceeding and a further attempt will be made to raise the stern when slack water provides the next opportu- nity" Earlier a naval officer arriving at Liverpool hospital with one of the four survivors of the accident had said that salvage would be deferred until dawn and that hope had been abandoned by squads of announced Previously changes voted by the committee include a broadening of the social security system and freezing or lowering the taxes financing it Other Workers From 350 000 to 305 000 maritime and 200 000 employes of banks and state banks that are members nf the federal reserve system would be provided old age pensions under the committee proposals The committee also has voted to freeze the old age pension tax at 1 per cent on both employes and for the next three years Unless tins proposed change becomes low the rate will advance to l'-- j per cent for both employes 1940 and cmployeis on January 1 Unix ersily Will Honor Justice Tiihune Washington Bureau WASHINGTON June 2 — Associate Justice Hui old M Stephens of the U S court of appeals for the District of Columbia is one of 17 outstanding Antonians who will receive honorary degrees of doctor of laws (mm Georgetown university Georgetown was the Saturday first Catholic college founded in America and its law school is recognized as one of the finest in the east The university is this week cele bratmg its 150th anniversary J Edgar Hoover Unde Sam's number is to receive an honone orary degree along with Judge SteSpeaker Bankhead will be phens similarly honored L A Aialri (Haims New FI in Beconl LOS ANGELES June 2 (UP) — Ixis Giace Hunlington 26 year-olAngeles avialrix Friday claimed n new women's altitude record for planes powered by engines of less than 500 cubic inches displuri ment Miss Huntington reached the altitude of 20 000 feet after leaving the Union air terminal hut landed at the Crntrnl air trimmal in (Ben-dal- e 'because the sun in nty eyes d onfu'ed me " for grand larceny and fccrgeiv the blind leader asserted Ins inline cue e and asked if the explanation of what he termed the ‘persecution" must "be " looked for la the field of politic s ' Dc spite a long sequenc e of federal state and municipal Investigations and summary trumped up rnlirt i a en noUung (ticthcasorakte treasonable nr In anv wav tlislny a! has been shown ag mist the bund related oigaiua-tion- s Its subdivision or myself" lie mud recently WfZErti'- V J workers national rs S T Fri- said' 11 i M the admiralty said As a consequence of these faint signs of life the admiralty directed a vast array of rescue ships to forward their operation push throughout the night in attempts to raise the stern of the craft "w'hen slack water provides the next op" portunity The builders of the vessel had given up for dead the men aboard her It had been that at the expiration of 36 hours under water— 20 minute before the tappings were reported heard— the air supply would be exhausted Low tide was not expected until Bam and this would be more than deadfour hours beyond the line The admiralty announcement - fw v 9kii (6 p m in day) sistance Kulm lo Continue Simple rn For ‘Truly Free America’ In answer to questions Hopkins said that legislative proposals were not foreshadow ed by the meeting NEW YORK June 2 CP 'Fritz Much could be dune by both busiKuhn national chieftain of Ihe Gernian-Ameriness and industry without new pio-na- i in bund he added dm lured Frill ly that despite a Balking the idea that the govern- 'slncnnng designed arnpalgn" ment should step in when pnvate "to morally destroy me " he would capital grows stagnant he neverrnrry his 'struggle against all theless thought this of Itself Insuf-fsubversive rlinicnts forwaul as lent to do the job never before until a truly fiee “I'll Jink of motley of pinale Amenm again as achieved" funds Is the hark hone of It c whV In a slalement issued after Ins th economic svstem fund ions" he rnunsrt had failed to nblnni persaid “How to get that done is not mission fo ex mime minutes of Ihe unple” Stand Jlliy which indicted KulnT v f 8 ? ? a With the Townsend measure out of the way the house probably will up the social security changes next Tuesday or Wednesday Another last minute change would give Puerto Rico the same benefits as those provided to states for dependent children maternal and child welfare and public health Puerto Rico was not voted old age as- n ligis-latio- ik House Action Offers IU I Plan to Change Boulder Act Reaches House take small business on a much more liberal and flexible basis” than is possible at present The assets and liabilities resulting from these operations would be segScriigliam regated he added "(n a separate corporation organized as an inteMeasure gral part" of the reserve system Through this corporation he continued the reserve system could Sweeping “meet whatever legitimate need facredit additional there is for WASHINGTON June 2 cilities for small business either proposing almost complete with directly or through cooperation of the ait under which the revision and other financing existing banks fedeial government constituted ” Institutions Boulder dam wTisTntroduced Friday bv Representative Scrugham (D) Makes Self Clear Nevada his in clear tlint made it Draper Designed to bring the financial should a such suppleplan opinion of the $125 000 000 underment rather than replace a system operation into closer harmony with taking Reconstructhe insured loans of by more recent federal power develoption Finance corporation proposed ments the bill was offered by New in a bill by Senator Mead (D) of the with Scrugham York Draper appeared in the cotnse to the Coloseven states signatory of hearings on that measure Earlier Chairman Jerome Frank of the rado liver lornpait bill “It seems to be a securities and exchange commission I think it should satisfactory be enacted" he indorsed such insured loans said Newsmen appearing at a press conference called by Hopkins were At Early Parley interested first of all in what hapmemOne of the few pened Thursday night at a White bers of the Coloradosurviving commis-sio- n river House conference attended by eight whuh negotiated the compact leading members of the commerce at Santa Fe N M in 1922 Si department's business advisory piedicted the adjustment of council rates and charges at Boulder dam The discussion Hopkins said ran "should make for a moie woikable “the gamut" of the economic " situation and in particular went part ' It irons out the difficulties whuh extensively into the national labor have arisen" lie commented and elation act pending proposals Briefly the bill would carry out for amendments to that law ommendations of a "committee rei labor in the "Everything involved" of lb" representing each of the law- "was discussed in one way or seven states and southern Califorthe other” he added revealing that Hi a some of the business men had asked nia pow'er (ontrailors adopted at Phoenix Ariz sevctal for changes m the act The presi- meeting months ago dent he said gave no indication Prov isions of Act that he favored the amendments Later Meeting I’robable It would' 1 Change the power rale basis the cabinet member Otherwise from one fixed by "competitive condwelt disclosed the conversation ditions" to one based on actual upon foreign trade especially with amortization requirements the obreference to South America and It did ject being to accomplish a reductouched briefly on taxes 1 R5 mills not go into the Mead bill he con- tion in firm rates from fier kilowatt hour to 11 mills and tinued or the problem of putting rates from about idle capital to work and did not in secondary s null to appioximately touch upon the government's fiscal of a mill he omitted The subjects policies 2 Defer payment of the hoped would he taken up later at portion of the project cost ainular eonferciiees to flood eontiol until "It was a frank and free discus-Sio- allocated of the problems of the mo- other advances have been repaid on this item also to be ment” Hopkins said "The president interest waived was very well satisfied w it h the con1 Reduce from 4 to 1 per cent ference and indicated he would like the lolciest rnle on the governto have future conferences with this ment s advatu s group or with other groups of busi4 Direct payment of a fixed sum ness men 1 hope this ran be arof $100 OuO annually each In Aiiona a time" short ranged in pcnoil He went on to say he was anxious and Nevada over a per cent or to have such conference groups in- instead of dividing clude not only such big business surplus revenues annually between those states nien as were present last night but 5 Create a Colorado river dev el- also representatives of labor and Con! Inurii rn pup Thrr) tna farmer The business men he Column Twni said did not necessarily possess “more wisdom" on the problems involved than labor and farm groups or "a group of the unemployed" Much Could Be Done ' - Rudders Of Craft Say ' MWS 1 that are established" Under a change in the law he said the reserve system could extend "additional credit facilities to He b5e Moil Doomed behind-the-scene- Eccles to Discuss Plan Draper told the committee that the proposal for loans to little business would be described in detail by Chairman Marriner S Eccles of the reserve board when he appears before the subcommittee Monday However he let this much of the plan out of the bag The reserve banks at present are loans to prorestricted to five-yevide "working capital to businesses t 800 9 32 Pages — Live Cents 1939 dollar-for-dolla- sion zed V oral Mtltlrnwnt lrtM 7k ( cfujfr (rgthfKlf) 4 90 Aboard Maximum WASHINGTON June 2 UP)-- Thc By Webb Miller house ways and means committee United Press Staff Correspondent finishing work Friday night on EDMONTON Alta June 2— proposed changes in the social selaw voted to increase the FoliticaJ rancors intruded for the curity for federal old age as maximum first time during the Canadian sistance from $15 to $20 a month tour of King George and Queen This assistance Is matched with state funds so that Elizabeth late B'ridav when a few among the thousands who wel- states may obtain the maximum comed their Brittamc majesties only by providing $20 themselves booed William Aberhart social in which case beneficiaries would receive $10 a month plus any sum credit premier of Alberta A staecato of boos broke out above $20 which the states proamong the cheers as Aberhart ar- vide (Old age assistance rived at the railway station to payments greet the king and queen Several which go to needy persons are other incidents emphasized the distinct from old age pensions which arc financed by taxes on political bitterness between opponents and adherents to Aberhart's employers and employes) social credit government but their No Great Effect majesties did not witness s any Since few states now meet the manifestations of the present $15 maximum the cost of political dissension Aberhart leader of the world’s the change approved Friday was not expected to be great Repreonly social credit government recently closed the government sentative Cooper (D) Tennessee house here and forced the king's a committee member estimated the representative in Alberta to move cost would be $5000000 or less on the basis of present state assistance to a hotel i laws Besides the booing other inciRepresentative Dignell (D) Michdents which aroused political rancor included: igan who proposed the change said the committee adopted it by an In place of the 49th battalion band Aberhart sent the so- "overwhelming" vote The increase came a day after the cial credit band to plav in front house defeat of the Town(Continued on Pac Four) crushing (Column Three) send old age pension bill to provide up to $200 a month to elderly persons— a measure which the ways and means did not approve but released to the house "without recommendation " WASHINGTON June 2 (P) —A new plan for helping little business with federal reserve loans was announced in part Friday amid intensified discussions of ways and means of stimulating re- 3' June 4 W'X" naj en ov- Saturday Morning Plan Raises Jeered In Edmonton on iti- Benefits Pay Alberta Chief p J j Itah Ml Tappings Meet House Group Hikes Age of Royal Pair ( zed 10c 75-- I rad B $15 00 64 64c? 42 75c Phntn shows stern of the British submarine Thetis (lower light) protruding from the sea while two men presuma- keel hly rescuers perrh precariously atop her fin-lt- Rescuers in small boats row fovvard the stricken vessel Hope for the Thetis and the 9(1 persons aboard had been all hut abandoned at an early hour Saturday Sill) Survivor Planes Wires Cables Bring Thetis Photos Colorado Body Drops Counts Against Official NEW YORK June 2 I2P)— Airplanes land vvues and undersea cables were used by the Associated Press Friday to get pictures d of the submarine Thetis and speed them to member newspapers in the United States Air views showing the stern of the vessel sticking above the surface were obtained after an extensive search of the Liverpool bav area where the Thetis went down The pictures were flown to Liverpool 30 miles away and wired to London 200 nules distant 'I hev then were transmitted to this country via rabies and dis-itched over the vast A P wirephoto network - DENVER Two June 2 2Pi charges by which a Denver bicker sought removal of Charles D Vail as slate highway engineer wire dismissed Friday bv the Colorado civd service commission lit the plaintiffs request the commission Simultaneously neaied an end of its luoiing of the four remaining chaiges upon whuh the broker John H Me Roberts accused Vail of "complete lai k of capacity" to perform the duties of his r position ( barge Made partly-submerge- p Loudon Newspapers Bap Navy jin Submarine Catastrophe $7500-a-yea- The charges dismissed were that Vml ignored the state industial LONDON Satuiday June 3 (AP)— Questions and comment commission and usurped its funcat inefficiency appealed in the London press Saturday as hinting tion in fixing wage scales on road the full implications of the Thetis submarine disaster became approjects and that ttie engineer failed to ( (?ni ply wilh Ihe law- - givpoint to the British public ing Colorado labor preferem e r Nathan Kobey attorney for the The early edition of every news-piptto devoted idilunal t space lie pl int iff told the commission had been "misinformed" conic ruhe an ulent and eveiy one of them ing facts of the wage scale matter asked question and piedicted a full I allowed inquiry Vail had testified he merely com- I’ose igoron Question plied with fedeial and stale laws in 'Ihe Daily Mill said ‘At a later fixing the wage scales jwlinh filled the minds of many there are many questions dlans As to the labor preferem e haige Kobe The na- 'Why five hours after that stern explained some witnesses whuh must he answered had been above water had not a “apparently have Miffetcd a loss of lion will want lo know: hole heen made'’ memory" and would be unavailable 'Why t lie Thetis rrashrd 'There are devicr for hurtling a Hearing of Ihe final remaining 'Whv she was allowed to do her hole through sterl plate through chnrge-- a contention that lie high" way engineer attempted an unlaw- tests r a bay notorious for sunken w ho Ii men c nn r raw ful $251 577 equipment w chase rc pm liHgr which Inter was condemned bv the ‘Why no naval escort vosspI was be court— will supreme completed attac hed to this new type submarine No hearing will be held Iduring the perils of early diving Monday Ijv i Saturday - (tnals "Why she was allowed to be lost fpr over 15 hours these matters await a stern InFor quiry and rigorous judgment the present tkf only criticism holds a voue'stnuted iq an overwhelming sense of loss " Idahoan Asks Proho In Timlx'r Gasp WASHINGTON June 2 PI — A tmgressmnn! Investigation of alleged "fraudulent Issuam e of patents” to timber lands in western Washington was sought In a ieolu-- I mil introduced kriilav by White (1)1 Idaho The investigation would he made by (bn Itmi'e’ i nmmitl i e rut public lands and survey and would look into the lrgihtv of lien land scrip isiird in ronnec’ion with the ( c Itcpie-senlati- pal-nt- v ( ritirisc Escort I U The Labonte Daily Hemld also raised the question about escort ship and commented 'Some of the rescue vessel sent lo the spot had to Mil fiom as far off a Piuthnd and Tmhay "This is a question wduc h should he examined very closely when Ihe 'inquiry into the fmindriing of the J I Metis i conducted" - rtifeeW Reports He’s ‘Alive Kicking’ Three Fail in Larapr Four of those who were In the vessel were saved through use of the Davis "lung" apparatus Three others were said by a lifeboat crew 2 BIRKENHEAD June England to have perished In an attempt to Am alive and kicking" follow the four to the surface That laconic message was the While there was no official exthese first word Mrs W C Arnold re- planation of the accident were the salient facts of the disasceived Friday from her husband ter and attempts to effect a rescue a stoker who was among four men Search for the new Vessel was rose ued from the subma- started threo hours aft’r she submerged In a test dive preparatory rine Thetis to being turned over to the British Arnold followed this messoge admiralty the wirelessed fiom At 7 50 a m Friday the Theti destroyer Brazen with another to Ins wufe was discovered: a vessel " and "Mackic he lay in 1 10 feet of water with 18 their son saying "Am OK Will see you feet of the tall above water at a 45 soon ” degree angle F Shaw rescued member of Ihe! The tail disappeared with a strong buildLtd tide at dusk Friday and failed to staff of Cammed Laird ers of the Thetis had nothing tojcnppcar say and was pale and drawn whrni oiced (onfidcnce onto a landing he was assisted Up until late Friday the admiral-te- d stage by a bluejacket Someone pat- him on the back but he did not tv hud expressed confidence that smile the men would be rescued Before At his home Shaw's wile said "He the stern went Cut of sight there ad been attempts to cut holes to is exhausted by his ordeal and has let out stale air and admit a fresh gone straight to bed" Both Arnold hih! Captain H P K air supply to the entombed men A Oram another member of the res- - hawsir had been reported attached cued quartet escaped death in pro- - to the submarine in nn eftort to lift v ton s submarine accidents the lat- it up further It snapped under ter in a collision that cast 22 lives tlie atram Announcement of the Cammed (ham was (upturn of the submawhuh rollidtd with the Lnird offic ul that hope for the men rine off the Pcmhiokcslme oast had been given up took a step further a grave statement of the adduring July rnuneuvrts in 1929 He was washed from (he conning miralty be fore midnight that hope tower with other offucts as his was gteiilly diminished lost vessel went down hut the The annoum ementa had no effc t lost 21 men on the frantic yet apparently futile only one man The rescue operation being pressed forward by huge force of naval OTt-"- 265-fo- ( 2 Thclis’ Plight Recalls Escape Of 38 From S - 5 in 1920 WASHINGTON June 2 UP) -The tragic plight of 90 jnen in the sunken British submarine Thetis recalled to navy men Friday night t tie esc ape of 38 offlc er and men trapped in similar ciraboard the Amercumstances ican S 5 The S 5 was disabled In 165 feet of water off the Delaware capes 1920 on September With the bow rrstiiig tot the tmtttim the stern barely protruded above (lie sui face in the same manner a Ihe Thrtis hefoio It sunk (orii-- j i’lctely workers as well as the submarine builders Ambulance squad workers were dismissed and pier lights were extinguished here but the admiralty statement showed that the full rescue force was at work at the disaster scene "I am sorry hut there is no hops for the men remaining in the submarine" Sydney Woodward secretary of the Cammed Laird shipyards said brokenly to a crowd dotted with wives and relatives of the seamen and civilian occupants of the vessel c ssc Is But to hundred huddled In th shadow of the great cranes at the shipvarcls the Cntnmell Laird officials statement earned an air of finality lie lcd Away Suffering from bad air and him me fumes the crew drilled Wive wept and were led awav a porpainfully by hand through Members of a North Wale lifetion of the hull above water and visited the chill attracted the attention of the boat vrew which scene returned with scare The Atlantus steamship pissing the story Unit three occupants of Atlantu supplied air through a In attemptsmall water pump until the chief the 'I tic is had peilshd to follow to the surface the only ing of steamer the another engineer George Goethals drilled a hole four suiv Ivors Thrir mnralivn suggected that Urge enough for all to escape afin trying in ter being trnppid fur ST hours " other died The S 5 s commander Captain save themselves with the Davis mg” nppaiatus (’ M Coolie Is on duty now at Never hr fore said tliP lifeboat The subth navy department mi Pa til marine was never snlvaged (I LID tl 0 c 4 lpialilv |
