ier Generally fair Friday and Saturday; rise in temperature Saturday. 000 -4 AaV AP d& Aw fiat at t A, A AL AM AMP low t Editoria Public Works And get; Hell Week Is Wane. The Bud- On The VOL. XIAI1 No. 115 ANN ARBOR, MICHIGAN, FRIDAY, MARCH 10, 1933 PRICE FIVE CENTS . . U. S.Officials. Ask Names Of Gold Hoarders Action Which Government Will Take On Holders Of M1etal Is Unknown Continue Present 5 Per Cent Plan Ann Arbor Merchants May Adopt 'Trade Dollar' To Speed Up Business Banking officials in Ann Arbor have been asked to turn over to Fed- 'ral authorities a list of those people who have withdrawn gold from the city's banks during the last two years, C. J. Walz, president of the Ann Arbor Clearing House Associa- tion, said last night. The order came from Federal Reserve officers yester- day afternoon. Mr. Wall said that he did not be- lieve many people in Ann Arbor had withdrawn gold during this period, but it was likely, he added, that the, government would make some at- tempt to get in contact with those, who had. I7t appears that the government wants to s e who is hoarding money," said Mr. Walz. "What will be done' with ther epeople we do not know." Waiting Federal Action In the ieantime, while they are awaiting action cither fom President Franklin D. Roosevelt or the state banking comissioner, the city'sI banks will continue on their prs- cut policy, allowing a five per cent withdrawal of funds and the cashing of checks drawn on "trust fund" ai. counts, he said. Cuncannon Foresees War Debts Reduced And Tariffs Slashed City To Asi R., F Co Lot k Woodin Announces Plan To 00Open Sound Banks Soon; Jy C. HART SCHAAF !States will join the League of Nations t - Confident predictions that the war during the next four or eight years debts will be greatly reduced "before is small, Professor Cuncannon be- the cherry trees are blooming in lieves, although he said that the__ Washington," that the United States President distinctly entertains League - tariff is about to be slashed, and that sympathies. f Will Use Money To this country will shortly join the The chief reason for believing that strluct Sewer Plant; World Court were voiced yesterday Congress will be behind Roosevelt, Help Welfare bcy Prof. Paul V. Cunicanno n of the Professor Cuncannon stated, was the :4ftrE political science department in the Cnt ae by Dcas i - ru, student forum in aumni Memorial both the House and the Senate to a Not iave lo HaIll consider in caucus every proposal " Speakin on ."Problems of the which the President may make, and'Pay Back Mt Roosevelt Administration," Professor to vote as a unit according to deci- Cuncannon also expressed the belief s 1 reached by the majorities at that this country is about to enter a these meetings. c W The Democrats in the Senate, it ai(leq aLeUnless ing control. He also discussed prob-t was said, reached this agreement by I Pse I pi lems of the budget, prohibition, the IwysPrssddiIrmntyril League of Nations, recognition of a vote of 50-3--an action without precedent in American history. -- Russia, the Far East, farming, trans- The Common Council, meetir portation, and social reform. The lecturer also pointed out that night in City Hall, called as The beer bill to be considered by Roosevelt has declared he will dis- election for April 3 in ordert Congress was termed "unconstitu-- tribute no patronage through any cide whether or not the city o tional on its face, if the English Representative or Senator who op- 1Arbor should make application language means anything," and cer- poses his proposals. Since there are r. .C. for m$iw,"ouenthsnw tamn, if passed, "to cause more trouble 130,000 Federal appointive positionsR F Ch fonrin $50,0 t be, uh to complete and sane solution of this it was said, the President's power ing employment to the city's w problem than anything that has been over the Congress from this fact dependents. proposed." Professor Cuncannon said alone is tremendous. that "viewed from whatever angle Roosevelt's power in Congress, his The money would be bor you please, this bill is insidious and training as chief executive of the from the R. F. C.'s road fund sinister.",the most populous state in the union, w .ent, and, according to Ald The farm situation was called the and his natural bent for politics and W. H. Faust of the finance co most subtle problem facing the new 'zest in the game" were cited by Pro- tec, "it is more than probable administration, but one demanding fessor Cuncannon as reasons for real it will not be necessary to solution. optimism concerning the success of bac." The probability that the United the new administration. =Estimations which placed th Con- Will Issue De-troit Scrip Mon day BULLETIN May Fill Vacancy neyl I Bet Bill ng last special to de-' of Ann to the sed in us giv- &elfare DETROIT, March 10.--VI'- Robert O. Lord, president of the Detroit Clearing House Asso:i.- tion tonight announced that the association would proceed with plans to issue scrip with the definite intention of releasing $26,000,000 worth on Monday of next week. The association committed it- self definitely on the plan fol- lowing receipt of a telegram to W. R. Capon, general manager of the Detroit branch of the Federal Reserve Bank of Chicago from E. M. McClelland, secretary of the Federal Reserve oard authorizing the step. rrowed rman President ierman )mmit- - e that Hasten U Pay it Q41I7C1 1 Will jptuI"1, e cost No Word From M Aichigan Men At Washington Frauwrs Of Federal Ba Tk Guaran P roposal T o Seek Passage Of Plait Last Of Oratorical Series n uIn Deals W i cal rogress i EI 1 G 1 of erecting a sewer public station along the Huron River and a sewage disposal plant wcc madc by the cyit cngineer's office. It is believed that $220,000 will be expended for ma- terials and $330,000 for labor. If the resolution is not approved by the people. it was said at the mcetingr, it will be impossible for the city to cre for its welfare depen- Governor, Coni uhissiolier Of Banks Predict Early Recovery For Michigan LANSING, March 9.-.P)-Presi- dent Roosevelt's financial recon- struction program and accompany- -Assola~od Press Photo G iibrt .M, Hitchcock of Omaha, former semiator from Nelraska, was I1niderstood in Washington to be the Rouscvclt choice for a place on th federal reserve board, to fill a va- cancy. 'S.e.hs . P k Treasury Department Is Securing Information On Cond iion f Finances To Publish Rules Of Opening At Once Legislation Will Supply Banks With Funds To Meet Emnergency WASHINGTON, March 10.-(I)-- Secretary of the Treasury William 1. Woodin in a statement early 'today said it would be the policy of the treasury to open sound banks of the country as rapidly as possible, and invited them to make application for reopening. The, secretary said the treasury al- ready has taken steps to secure in- formation as to the condition of the various banks. of the country, but that it was found that completion of assembling the information and of arrangement for the banks to re- sume their functions would take some time. It was therfore decided, he said, not to authorize any reopenings before Saturday, March 11. He said regulations governing re- opening and other subjects govern- ed by the emergency banking legis- lation would be published immediat;i- ly. Woodhin Statement The statement of the secretary, is- sued early this morning said: "The emergency ianking legislation passed by the congress Thursday is a most constructive step toward the solution of the financial and banking difficulties which have confronted the c o u n t r y. The extraordinary rapidity with which this legislation was enacted by the Congress harkens and encourages the country, "This legislation makes possible the opening of banks upon a sound basis, but by an adequate supply of cur- rency. Though this law, the banks which will open will be placed in a position to meet all demands. This assurance should restore confidence and create the foundation for a for- ward movement in business activities. "It will bec the policy of the treas- ury to permit as rapidly as possible the opening of sound banks. There are, of course, many thousands of I Busine1s in the city continue, ac.- .----- I cording to merchants, at about 40 No word had been received from per cent below normal, and the the three University economists in Chamber of Commerce, is discussing Washington last night, while devel- the possibilities of introducing a s "trade dollar" infto the city's cur- opments in the capital eliminated the3 rency circulation. probability of passage of a deposit The "trade dollar." as it is nuw guarainty envasute. planned, would be backed by the 'The men-Professors I. L. Sharf- nerchants, who would guarantee to I man and L,. L. Watkins of the eco- redeem them at maturity. The dol- nomics department and R. G. Rod-, lars would be issued by the Chain- bcr of Commerce in an amount not key of the business administration to exceed $10,000. school, three of the five framers of a Each individual merchant would proposal for 100 per cent guaranty) rit~ri n,,ocr ^1 ^"flrn " ~vI i tn nI ~vict* cn mrr~o Random shots of the life histories of various of the larger animals vcrv fused together into a biographical Whole last night when Dr. Raymond L. Ditmars, Curator of Reptiles and Mammals in the New York Zoologi- cal Park, presented an illustri.ited lecture which ended the 1932-33 Oa- torical Association Series. A feature of the lecture was the reel which treated of the differences 3between "horns" and "antlers" on the even -toed hoofed mammals, and psreseptod the complete cylo- of de- velopment of a pafri of intlers i6a. repre entative sipecics of dicer. Dr. Dit ars opened his lct ure with' motion pictures of the four great anthropoids - gorillas, chimpaiees, 'orang-utaiis. and gibbons. The New York Zoological Park, he said, is now in possession of the first gorilla I dcts ing congressional action wi1l hasten Mayor Newkirk addressed the the recovery of Michigan banks, Gov. meeting, saying that a member of William A. Comstock and R. E. Eel- the University faculty had complain-kn ed to him against the lav insisting ' chrt, sate bankin o i n that ears parked along East Univer- predicted tonight sity .Aveune, as well as other parts While full details of the :Iational of the city, keep their headlights on. policy had not been transmitted to "Many members of the faculty,." the state officials. plans for rc-open- the mayor said, "work in the Uni- i versity buildings at night, parking ig of sound banks and for the r'e- ther egs or the wi( [.lsid^.of E)a"st lease of additioial currency met with University Avenue. If we insist that their approval. It .was believed state1 they kecp their 1ights on it means 'banks largely would follow the lead! an additional and unnecessary ex- set by national banks.t pense to them. I think it would be Under Governor Comstock's proc- a mighty nice thing to exempt them1 lamation Michigan bnks are in a from this recstriction."laainMcgabn saena The matter t.s referred to the position to take full advantage ofl Traffic cmittee by the c any national modification of theI Traffic committee by the Council. closing order. The governor , aid lie ' Possibilities in lifting some of the t lsn re.Tegvro adh zoningest iti onswerenlso dis- believed every bank should do its cussed, The city engineer reported utmost to relieve the situation. They# may permit withdrawals up to thex that many business men feared they limit of their cash or quickly convert-c w ld 111 fn lP d t f. b iial r n - ---.. _ Pl1atform F or Local Eleetioii. Nomiees Spe-ak At Stud. Oi1,Diliner; Favor City ]Mlk P P n iiManager P ging itsolf to 'upport a dfinite program that'includes the-'establish- ment of a public-owned milk plant, ?he construction of a sewage disposal plant, rcduction of public utility rates, adoption of the city manager plan of city administration, and other proposa1, thl e Socialist party of Ann Arbor opened its first campaign forl the spring elections last night be- fore a crowd of students, faculty members, and townspeople at a send- oif supper in the Co-operative Board- inc T wtz i thn ncvoi fT m rive away one trade dollar" asa i bank deposits as an emergency which l ias been able to thrive in! 20 per cent premium on the purchase measure-arrived in Washington on captivity; when first imported its of goods. If a person bought $5 worth Wednesday to confer wvitlh govern- weighed but 20 pounds; now, three of groceries at one of the State n years later, it tips the scales at 95 Street stores, for instance, he wouldmk pounds. be given a "trade dollar." He could their plan. Careful regulation of heating con- then spend this "trade dollar," which Dean C. E. Griffin, of the business ditions, employed earlier on gorilla would be worth exactly $1 in regular administration school, a signer of the specimens which failed to live under currency in any other Ann Arbor guaranty proposal, indicated yester- this captive environment for more tore,. day that there was a. probability of than a few months, have been aban- 'Trade Dollar' Planned the men returning to Ann Arbor doned in favor of allowing the pres- Before it could be used to purchase within the next two or three days. ent specimen to go out of doors at goods, however, a two cent stamp "I don't know definitely when they will, even in the winter months, Dr would have to be put on it. The will be here," he said, "but it is pos- Ditmars said. This indicates, he stamps would be for sale in all stores. sible they may have returned by the stated, that these animals really are The "trade dollar," furthermore, day after tomorrow, or shortly there- adaptible to a northern climate. would have to be used inside of three after." The dean had received no days, thus necessitating its changing word from the economists, he said. Plans F hands twice a week. Conjecture regarding the details "Ps On each trade dollar there would be activities of tie three professors re- space for 52 stamps. Thus at the mnained uncnlightened last night by Secon ecd of six months there would be official comment. It was unofficially $1.04 in stamps on each "trade dol- supposed that the economists were ina wiParl y1 lar." At that timc the money would conference with mcmbei's of the ~ ' '~ L~JXy be refunded to the merchants. Michigan legislators, and possibly Backers of the plan claim that it with the secretary of the treasury, r Open March 31 Ib-' lstimulate trade; first, because in an attmpt to have their measure people would want to buy goods in or some other form of deposit guar- ject Will Be 'Am I Get- order to get a free" dollar; and see- anty passed by Congress. Such guar- 1 A Education?' ond, because it would have to be cx- antee was called "the old remedy" [ haniged twice a week, thus increas-for the crisis in the proposal which l ng he turnove ofgoods rs-was sei to Washington and broad-Pa fr t so aul i A' ' i'turthe Chamber :of omectb roeso hafalFb.2.parley-"Am I Getting an Educa- AtThe decision of the PresidCentmandtion?" which opens March 31 were mee't~ing las nig ;ht the phin was Cothformulated last night at a meetingI reeted favorably, butingtt t was o-of representatives of various campus cIded ftoray it backit whespecial situation y expansion of the cur- organizations, comitt for study util the ciank- reny was iterpreted by many today The spring parley provides an op- ing situation was clarified. as arking th complete doom of de- portunity for :zudents to ask profes-' pio t su r ya n mr ysors questions and discuss subjects rarely brought up in the class rooms, T eOmple Ilaids ver IIiS - according to Jule Ayers, '33, chair- Megaphonew Te CRoI)rts Lilwqur VCj1(Ier At High man of the excutive coumittee. With this end ii i iew, speeches at The silver megauhone, symbolic of Scool To0 BeDeported the parley will be limited to three the head cheerleader position, was J3 minutes duration. passed to Thomas Roberts, '34, byr ondaynon a argof - Prof. John L. Birumm of the jour'- William Temple, '3., after the cc- iutotoay night on a charge of nalismn department, chairman of the tion held yesterdlay afternoon. deit was tk to cusoy yester- panel last yur., was nominated for den'iit5, w taken into custody yesrer- the ollice again at the recommend a- In explaining the reason for not (y by Federal ollicials who will de- tion of the continuance committee. announcng the election at the last port him to England. Judge George( The panel, which includes both pro- basketball game, Temple said that Sample suspended sentence of two to fessors and students, will number oiside rable discussion was aroused four years in Jackson prisoin imposed about IS this year, it was annouc"d. by the method of election and it was upon Richardson Tuesday, Meetings arc planned for the ; il'- finally postponed until yesterday. Richardson, who is married aid noon and ccnin of March 31, April the father of three children, was apI- I ll the afternoon, and April 2 in pr"hnded "en deputies- from the the morning. The List meeting will 9'rank Lloyd W NNr i seifsoit copnidahtI _ bsheriff's ofic' accompanied a high be preceded by a breakfast. A sup- ;' WillG school student who bought a qu"- per na be held between te two1 Will (,ive Address 5 i tity of liquor from him. The original meetings Friday if uresent 1laiis o . 'W oU c[ U z ±VcIc OL UU uJ1 1e8 - " ible assets for necessities. Under the 1z''; A ac. Is'. lein U) Lane such banks which will promptly be less the restrictionagainstbusinessPreHide n'sme, enterprises in residential sections of bea lln wed.m rof. Roy W. Sellars of the philos- restored to their normal functions." the city was lifted somewhat. The balwe'ophy department and candidate forI matter was referred to the Ordinance Mr. Reichert was of the opinion a alderman from the seventh ward on WASINGTON, March 0.--()-By Committee change in the banking situation in the Socialist ticket, spoke ii favor of proclamation, President Roosevelt to- Michigan will come after emergency the adoption of the city manager night extended the modified general measures have been enacted by the plan to further "economy and effi- banking holiday indefinitely. Health ServiceW lans legislature. It is expected a bill giving cienry in local government." He also Exercising the powers conferred glthe governor and the commis ioner 1i)props'ed a lplanning commission to upon him by Congress in emergency AgaintS ore Thot sldictatorial powers will be passed determine future real estate develop- banking legislation which he had Any students suffering from Saturday. Under it they would have ment and to prepare a "co-ordinated signed scarcely an hour earlier, the sore throats were advised last the authority to enforce, in Mich- plan for replacement of obsolete chief executive also proclaimed an night to report to the Health Serv- iran, any order issued by the Presi- buildin, and public works." extension of thc embargo on gold. ice immediately for examination dent. Charles A, Orr, Grad., assistant in All the provisions of the proclaima- for possible scarlet fever infection. "I do not know, now, how far the the economics department and can- tion issued Sunday night were cof% Several cases of scarlet fever federal government plans to go," didate for alderman from the sixth tinued in full force and effect. This have been detected during the past Reichert said. "However, I believe ward,- explained the planks for re- meant also a renewal of the ban on few days, Dr. Warren E. Forsythe, conditions will improve in Michigan duction of electric, gas, and telephone .hoarding. director of the Health Service, de- : under the influence of the federal rates for household consumers .and Tonight's proclamation is to re- clared. 'While the situation is program and the enactment of state the establishment of a publicly owned main cffective until ended by another not yet serious, it is advisable to emergency measures. We need the corporation for the preparation and proclamation. take all necessary precautions," he state law, and we need the relaas: distribution of milk on a non-profit Emergency Still Exists added. of reserves to hasten the easing of basis. Ie cited the case of Ypsilanti's "The national emergency still ex restrictions" municipally owned gas plant as a', Sway to lower rates. fists," read tonight's decree, "and it, Neil aeblr, candidate for alder- is necessary to take further measures .I. P. Marley, candidate fo' alder- zmfrom the fourth ward and E. E. by the original proclamation of Sun- Peo Die Is '[lhe Aim Ut 'Hay Fever' Liiton, candidate from the second day." A ward, also spoke on plans for relief The President said "All the terms of the unemployed, advocation of a and visions of the March 6 proclama- "Poking full at conventionally dull, week-end and is said to have written water soltening plant, and political tion and all regulations issued there but good, people-a characteristic of 1the play in one sitting. recognition of workers in proportion under continue in full force and ef- the modern age-- is one of the salient I "Noel Coward's chief appeal is that to their numbers. feet." oi)tS Of Noel Coward's himnor s lie is so decidedly of the age-iump to The local Socialist party is run- The banking holiday declared by exemplified in 'Hay wcver,' " Valem- the very minute. le has the power' nine only candidates for alderman Mr. Roosevelt on Sunday night would tine 3. Windt, director of Play Pro- of witty dialogue and is capable of from six wards. , have ended at midnight tonight. aA%