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»»^»«^B«^B*« GOLD POLICY GIVES TREASURY BILLION PROFIT ¦ I ^ 1 ^ 1^ I ¦¦ I ¦! —> SUNDAY INDEPENDENT THE WEATHER leased wire telegraph report to 3 A.M. SUNDAY Cloudy and warmer, followed hy rain or snow In north and west portions; Monday fair, colder. FORTY-SIX PAGES The Only Sunday Newspaper Covering the Wyoming Valley WILKES-BARRE, PA., SUNDAY, FEBRUARY 4, 1934 Entered st Wllkrs-Bnrre, Ps.. As Second Class Mall Matter PRICE TEN CENTS MALONEY RECALLS CONVENTION; MINE STRIKE MAY ENO TUESDAY Write Up Of Gold Lets Re¬ ceipts Pass Expenditures By More Than Two Billion PART FOR PAYROLLS Remainder Will Be Used In Relief Needs; To Stabilize Dollar At A New Mark HUGE FEDERAL PROFIT Wii.shlnKton. Feh. 3 —UP — The two hllllon dollar fedrral Kovern- ment ilcllclt was turned Into a sur¬ plus nr nearly a hllllon dollars and tho Treasury's ready cash ral.sed to four nnd one-hulC hllllon dollars tod.iy when i?ovemm«nt -Dhokki'op- ers entered the huKo dollar deval- |%fttlon profit on the Treasury's books. '• Thu transaction was merely a papei- (jperatlon made possible by the .\dmlnIstratIon'B goUl reservB bill enacted early this week, under which the gold content of the dol¬ lar wns cut by President Koose¬ velt from 25.S grains of Kold nlne- tenths fine to 13 5/21 grains nine- tenths fine. Dsvsluatlon Profit The 8,237 tons of pure gold own¬ ed by the government wero "writ¬ ten up" from the previous value of »4,:12,751,SC4.S3 as carried on the Tre.'isui-y hooks to $7,01S,263.- S25.7n. This was tho extent of tho devaluation decreed by I'rCHldent Koosevelt. This left a "profit" for tho Treas¬ ury's hooks of $2,S05,512,060.87, which has been entered as govern¬ ment receipts under the title "In¬ crement resultiuB from reduction In the weleht nf the gold doHar." Only a part of this "profit' how¬ ever, can be used by the government In meeting payrolls, paying relief needs, or various ordinary expendi¬ tures of the government, as l|;2,00o,- 000,000 is appropriated tor a slabil- Izatlon fund under which the admin¬ istration will enter the world money and financial markets to "peg" the dollar nt the new standard of 16 5-21 grains of gold. I^ntering of the sum on the gov¬ ernment's books, nevertheless, gave the treasury the first substantial surplus since the start ot the de¬ pression and curried Its ready cash to the highest level In hi^<tory, ?4,- 434,713.155, from the $1,500,000,000 previous balance. Receipts Bloom ¦With tiie gold "profit", the treas¬ ury s books as ot Kehrunry 1 showed (Continued on Page 4—Sec. 1) Frenchmen See Gold Advantage Paris, Fob. »—UP—Thrifty Frenchmen boBan a small-scale gold rush to Jewelens' stores to¬ day to take advantage of the American gold price. There was brisk selling ot second hand Jewelry, trinkets and watch case«. all to be put Into the melt¬ ing pot, turned Into barii and sold liver the counters of Ameri¬ can banks at the American rate. An interesting angle ot the de¬ valuation ot the dollar waa the presence ot hundreds ot French at .Steamship offlces, seeking In¬ formation on excursion rates to the United States. Although only one per cent ot France's'popula¬ tion ever traveled on the ocean, thimsands apparently believe there Is the chance ot n lifetime to travel In America on the 59- cent dollar. ™, *r 10 GOLD TO U. S. High Price Finds Liners Sailing With Huge For¬ tunes For Sale In America PROFITS IN SIGHT London, Feb. 3.—UP—Tho gold rush to the United States, to take advantage ot the high price ot $35 an ounce ottered by the Roosevelt government, was on In earnest to¬ day. The liners Reiengarla and Bremen sailed with approximately $34,350,- 000 In gold aboard, loaded at Cher¬ bourg and Southampton. At South¬ ampton approximately $27,150,000 was embarked, mostly from I»ndon, whence it came in five special rail¬ way coaches. The renmlnder arrived by airplane from Amsterdam. The llerengarla took aboard 280 boxes, each containing tour bars of 400 ounces e.ich. Tho Bremen took 156 boxes All were loaded under the supervision of a heavy armed guanl. At Cherbourg approximately $7,200,000 was loaded from French sources. Tho lierengaria received !»0 barrels and the Premen 67 barrels. Price Drops The price of gold meanwhile was fixed at i:!S shillings threepence, or $33.05 at the sterling lute then pre¬ vailing. Sales' totalled 347 bars, worth api)roxlmately 900,000 pounds or $4,710,000. Today's gold price was down 85 cents trom yesterday's, nnd was one dollar and fivo cents under the l.'nited States price. lOstlmatlng the cost of shipping the gold, In¬ surance, etc., at 17 cents an ounce, Ihe speculators stand to make a handsome profit. The gold price here was fixed on the basis of Kiipi)ly and demand. The decrease was attributed to tears that regulations might be adopted In the I'nlted States which would deprive buyers of the ex- (Contlnued on Page 4—Sec. 1) Millions Of Investment Money Boom Prices Od Stock Exchange a New ^ork, Feb. 3-UP-More mil¬ lions of dollars of Investment and "I'eculatlon poured into American markot.H today bringing rising luic- u'vio" ''^'^"''''¦'"•''"'''"8 trading ac- firoalest Interest centered on the Bond market. In the chlet bond trading center, oft the main floor of he ^ew York Stock Exchange, ac- tlviy was at an almost unprece¬ dented pace. Kvery kind of a hond wa« In demand and prices we;e \^.\'l^- f" '"'¦'""« "•"•" the tr.id- ine that tickers r.an 48 1-2 minu'.s. la.I, " marlat closed-a record XIiTrHV^T"'^ '°'''" fansactions of »".36S,000 was the second hlBiu...l on record tor a Saturday. ir.ading In bonds exclusive of U an «n^*'.?'"^"' obligations reached tollhrl i"? '"'"'* °' """-e than 13 •nilUon dollars KnerM*"^' "''"''"^' •^^'-Vn* ""t the cam. ,.'"''"'' '" "'elnvest which thlTrt u"" °'"'-"'»' flevaluatlon of MB r° *¦¦ ""^ Increase of gold to •Olelv .""k"' *"" ""' confined Cok iv k""''"' Trading on the -™eK exchange reached a record OKof-, ""y "'"''^ •'"'•'•¦ 22 at ¦•'".l-O shares rounding out the biggest week since last summer. -¦Ml iirlces advanced, (lalns for the day und the week Include: Stocks -adv.uiced 1 to 3 points today and tractions to more than 6 pidnts tor the week. Uonds—Calned 1 to 5 points to¬ day and 1 to 15 points for the week. Wheat—Ualned more than a cent a bushel today and about 3 cents a bushel on the week. Cotton—Advanced $1 a bale to¬ day und about $3 a bale on the week. Expect Bull Market Ofllclal devaluation ut the dollar to 50.06 cents was the spur—not only tn trading activities but also tu huslnesK—which startt d (jff what many brokers believe is to he an¬ other big bull market. In fact optimism Is running away with Wall Street at the moment. On street curners. In drug stures and In clubs comment again has turned to speculation. Wildest guesses are being made ns to where the bull movement will end and conserva¬ tive estimates are shouted down. In addition lowering ef the rediscount rate In New Y<jrk to I'i percent may bring credit easement. IN DEAL Local Democrats Keyed Up By Reports State Leader Is Teamed With Governor EARLE ON SLATE Wealthy Austrian Ambassa¬ dor Said To Be Receptive For Call As A Nominee BONNIWELL ACTIVE Democrats ot Luzerne ot all shades and opinions will bo well represented at tho meeting ot the Democratic state committee to be held at Harrlsburg next Saturday. 'Phfl '"•''""lijiiV'ffli hpHdeJ.-h^ Itev- eWe' CoIIeeror'aiundy ariTcounty Commissioner Carroll will control a majority ot the Luzerne committee men and will go along with the plans of State Leader Joseph F. (iuffey as unfolded at the confer¬ ence In Philadelphia the early part ot the week when a ticket was In¬ dorsed, headed by Mr. Ciuftey him¬ self tor United States Senator and Austrian Ambassador George H. Earle ot Philadelphia tor Governor. There will be vociferous opposi¬ tion, however, to the Guftey slate and from what could be learned In this city last evening Luzerne is likely to provide a good supply of the fireworks. Antl-Guffey leaders ot Luzerne say they will follow the leadership ot Judgo Ponniwell of Philadelphia and Judge Copeland of Westmoreland county, at Saturday's gathering. As Guffey's plans nre being graduall.v unfolded many Demo¬ crats believe there is a secret agree¬ ment between Democratic Leader Gutfey and Governor PInchot over the senatorship and governorship. Pinchot Kepublicans are most con¬ cerned, ot course, about the for¬ tunes of their leader In his desire to occupy the seat In the United .States Senate now filled by Senator David A. Keed ot Pittsburgh, but they are not unmindful ot the thou¬ sands ot jobs their retainers are tilling un state payrolls. On the other hand Democratic chieftains are most concerned with the governorship and tliose who play with Gutfey nnd Van Dyke would not weep If I'inehot would reach the Senate ns the result ot an under¬ standing that would make the Austrian ambassador the next gov¬ ernor of Pennsylvania. Strength for this bielf is found In the failure of I'inehot and his cohorts to get be¬ hind any particular candidate for the Republican gubernatorial nom¬ ination. Democrats who are disturbed by opinions of this kind do not regard Guftey as a serious candidate for the United States senatorship. It has never been a habit of a poli¬ tician in the pusitiun ot chief pat¬ ronage dispenser to place himself at the head of a state ticket In a crucial campaign. And they do not believe Gutfey has any such Inten¬ tion. What these antl-Ouffeyltes expect Is a PInchot candidacy tor both nominations, but mainly concerned with the Democratic, In u tri¬ angular fight between Guftey, Pin¬ chot and a candidate backed by Bonniwell and Copeland partisans it Is figured that It would not be a great political feat to engineer things us to make it possible for PInchot to capture the Democratic nomination without causing any heartburnings on the part ot Guftey, who, with such vast patronage at his command would have no trouble bringing a ticket out of the prim¬ aries headeil by I'lnchot for United States senator and Geoige H. Earle of Philadelphia for governor. Earle Has Money Ambas.sador Karle Is a very in¬ deiiendent Democrat. In Philadel¬ phia he has always played with the Independent Republicans. Hut he was heart and soul for Ruosevclt, as was Pinchot. The only difference between them was lack of courage (Coniinued on i'ago 4—Sec. IJ Needy Schools To Be Helped Harrlsburg, Fa. Feb. 8—UP— In approving a $10,000 grant to the West Brownsville Borough School District today, the State Department ot Publio Instruc¬ tion made the first allocation from tho $5,000,000 fund for financially-distressed school dis¬ tricts. Other payments from the $3,- 000,000 school relief fund, ap¬ proved by the last session of the State Legislature, will be made as rapidly as possible after in¬ vestigation Into requests, ac¬ cording to Dr. James N. Rule, head of the department. More than 500 school districts havo asked for financial assist¬ ance. A survey at the start ot the present year revealed that unpaid teachers' salaries and tuition bills in Pennsylvania totaled about $4,000,000. This figure is believed considerably higher today. STATE AID FOR $167,000 Due This Week With $227,000 More To Be Paid Early In March 2 DISTRICTS LOSE Forty-seven out of forty-nine fourth class school districts of Luzerne county will be enriched by a total ot $167,256.28 either to¬ morrow or Tuesday when the semi¬ annual state appropriation toward teachers' salaries is received trom Harrisburg. Two other districts will see their appropriation with¬ held tor the timo being. The $167,256.28 to he distributed this week will be augmented by approximately .227.400 the forepart of March, when the fourteen third class districts ot the county receive their semi-annual state subsidy. Approximately $800,000 Is received animally from the state by third and fourth class school districts ot the county. Avoca borough and Hughestown borough will receive small sums In this week's distribution ot funds be¬ cause of advances grmted by the atate during the term. Avoca has received $13,000 in advance ot its appropriation and Hughestown has received an advjince ot $6,800. In both cases school olliciais petitioned Harrlsburg to make the advance. Two Withheld In the case ot Pittston Township and I'rlnsle Borough, the state is withholding the appropriation due at tliis time because of ouster cases Involving these municipalities. In both towns teachers have been on strike over non-pavment of salaries and ciasswork has been disrupted for some time. The department of education insists on a straightening out ot ag.iirs hefore the appropria¬ tion Is submitted. The first half of th3 annual ap¬ propriation to the fourth class dis¬ tricts was received the first p.irt of August and was approximately equal to the disbursement below. Fourth class districts are those hav¬ ing a population of less than 5,000. The table showing the amounts to be received by the fourlh class school djstrlcts of the county this week follows: District Luzerne County Amount Due .\voca Boro $ r,.'(4.71 Bear Creek Twp 803.90 Black Creep Twp 5,467,75 Buck Twp 197.99 Butler Twp 2,817.86 Conyngham Boro 445.97 Conyngham Twp 7,345 24 Courtdale Boro 1,607.93 Dallas Boro 3.701.8.- Dallas Twp 3.982 04 Denlson Twp 1.877.44 Dorranee Twp 1.427.92 Duiictit T'ljr.) 9.550.';5 Kxeter Twp 1.114 01 Fall-mount Twp 2.284.02 Falrvlew Twp 2,812.08 Franklin Twi) 951.95 Hollenback Twp 1,489.94 Hughestown Boro 198.70 Hunlock Twp 1.867 90 Huntington Twp B 212.30 J.ackson Twp 1.189.94 .Teddo Boro 803.96 Kingston Twp 8,578.65 Laflln Boro 1,132.93 Lake Twp 3,444.07 Lai'iel Run Boro 2.037.91 tContlnued on i'age 4—Sec. IJ Expert Never Worked In Mines Father Curran Is Mediator For Coal Region Peace As During The 1902 Strike GOES TO CAPITAL Carries Appeal To Franklin D. Just As He Did To T. R. In First Struggle Of Union WALKER HELPS Newspapermen who recall tho turbulent days ot John Mitchell's United Mine 'Workers and their battles for recognKlon in 1902 last night drew attention to the appar¬ ent Insttsms* oirhtstoj'y repeating in the tact that signs ot peace have come to the anthracite region with¬ in the past 48 hours through the same distinguished mediator who was credited with paving the way for the cessation of nostllltles 32 years ago—"Father" .T. J. Curran, pastor ot St. Mary'a church. Although now beyond the three scoro and ten mark and a Mon¬ signor ot the Cathollo church In addition to being pastor of one of the largest parishes in the Scranton diocese, the nationally respected clergyman this week carried directly to tho White House an appeal for federal Intervention in tho mine strike situation that has prevailed for many weeks. Again With A Roosevelt And In doing It, Monsignor Cur¬ ran displayed the same energy, de¬ termination and spirit of service to humanity that was In evidence In 1902 when, as pastor of a strug¬ gling parish In East End, he steii- jied into the breach and helped to bring about recognition ot the union. And In both cases It was to a Roosevelt that "Father" (Curran carried his appeal for action by tlie government that would restore peace and revive Industry in the coal mines. In 1902 the priest ap¬ pealed directly lo Theodore Koose¬ velt. There followed quick action out of wliicli came the formation ot the Anthracite Conciliation Hoard and the beginning of an era ot peace in the hard coal fields. The current developmimt remove's from this board the right to ad¬ judicate miners' complaints and in¬ vests James A. Gorman, tho um¬ pire, with sole authority as a lone arbiter. Last night Monsignor Curran cUinhed out ot his automobile after a return drive from Washington over icy highway.s—so dangerous in some portions that snail's iiace was necesfcary for safety. Tired but in- spiringly aquiver with energy and the conviction that he had accom- I)Iished his task, the venerable priest told how he had gone to tiie Whito House again. "On Friday morning I went to the White House about 11 oclock, hearing the petitions signed by more than 100,000 residents of Luzerne and Laekawanna counties prutesting against the former pro- (Continued on Page C—Sec. 1) V MONTAGUE GLASS, Al>THOR, IS DEAD Westport, Conn., Feb. 3.—UP— Montague Glass, creator of the Potash and Perlmutler series, died nt his home here on East Meadow Road tonight. The funeral services will be held at the free synagogue, >>'<w York, .Monday afternuun at 2 oclock, with Rabbi Stephen S. Wl.^e officiating. Interment will follow immediately in Woodlawn cemetery. Glass was born in Manchester. England. July 23. 1877. The son of James Glass of Manchester nnd Elizabeth Marsden of London. He came to this country at an early age. A graduate ot City College of Now Y'ork, he began the practice of law In New York City but soon turned to writing. Out of his ex¬ perience aa a lawyer grew th" Put- ash and Perim utter series which made him fumuuij. 'i Although nationally recognized as one ot the greatest living authorities on problems ot th© anthracite industry, Jnmes A. Gorman of Hazleton, Concilia¬ tion Board Umpire who will de¬ cide -regional mine workers' ¦ complaints as an agent for the National Labor Board, has never worked in tho coal mines. For more than a score of years. Mr. Gorman has been associated with tho Anthracite Conciliation Board, rising from stenographer to secretary and, about live years ago, to umpire. ¦ He received the United Statea Court appointment as successor to Hon. Charles P. Neill, who resigned as umpire after twenty- flve years of service. Chris ,T, Golden, former president of Dis¬ trict 9, United Mine Workers ot America, was named Gorman's successor as board secretary. V. / REVERSED STAND OF LABOR BOARD PROMISES PEACE Decision To Make Gorman SAe Judge Of Grievances Paves Way For Agreement; Leaders Of New Union Express Satisfaction And See Their Demands Approved IMPARTIALITY ASSURED E E APPEAL TO Grievance Committee, Hope¬ ful Of Victory After Long Feud, Adopts Resolution BOYLAN SOUNDS CALL After hearing wlde.^pread reports that all the demands ot the "new union" will have been met by com¬ pliance with the National Labor Board's ruling on tho submission of grievances. Glen Alden Coal Co. general grievance committee last night met in Union Hall, city, and voiced a public appeal to members to stand behind President Thomas Maloney and his organization. N'o official notice had come from Presl dent Maloney that would Indicate the end of the three-weeks strike but every grievance committee re¬ presentative gave the Impression that their six months' campaign to terminate dilTicuUIes waa nearlng ,a successful end. The appeal to support President Maloney and the Anthracite Miners was signed by William Moore, W. Kohenskl, William Saxton, John Dynoskl and Z. OstrowskI. Tho resolution read as follows: "The Glen Alden Coal Company general grievance committee, with delegates from fourteen workiug collieries present, at a regular meeting In Union Hall on East .Market street, went on record last night to stand behind Tliumas Maloney and his executive board of the United Anthracite Miners of Pennsylvania and Monsignor J. J. Curran, 100 iiercent, due to their untiring effiats in trying to bring peace and harmony and justice to all mine workers in the anthracite region. "Whereas, we the delegatea of the Glen Alden Coal Company general grievance committee, feeling that everything will be settled satisfac¬ torily to the mine workers and tho public in general, "Therefore, be it resolved, that wo delegates to the Glen Alden Coal Company general grievance body, having been duly elected to represent the United Anthracite Miners ot Pennsylvania ask the membership to stand loyal with your local officers and await the call ot the convention whicli we feel will be soon." Boylan Issues Notice Executive Iniard mciiibcra of Dis¬ trict 1, United Mine Workers ot America, also Issued a statement yesterday to the mine workers ot Luzerne and Lackawanna counties. Instructing them to submit their grievances to the Anthracite Con¬ ciliation Board. It was signed by I'resident John Boylan; 'Vice Presi¬ dent Michael J. Koslk; Secretaiy- Treasurer Enoch J. Williams and Board Members George Dorsey. George Evans. August LIppi and John Kmetz. It read: ".Scranton, Penna. "February 3. 1934. "The members of the District One I^xecutive Board, United Mine Workers of America, desires to call the membership's attention to the fact that the National Labor I)o:ird has caused the Anthracite Board of Conciliation to become an agency of the governnient and his directed that all grievances In District One, which has jurlsdicthm ovr-r the iContiuued on Pago G—Sec. IJ Thomas Maloney, president of the United Anthracite Miners of Pennsylvania, last night issued a call for a special convention here Tuesday when delegates are expected to rescind the general strike order that for three weeks has crippled Luzerne county mining and impaired operations in the Scranton area. Issuance of the special convention call climaxed the spread of sentiment among tho rank and file of strikers in favor of a return to work whicli came in the wake of action by the National Labor Board in reversing its previous stand and designating James A. Gorman, Anthracte Conciliation Board umpire, as the sole and exclusive authority in deciding miners' grievances. Predictions that the new union delegates would with¬ draw the strike edict were strengthened last night following favorable reception by Maloney and his colleagues of the new procedure ordered by the National Labor Board to govern conduct of an investigation of complaints by the Conciliation Board. Recommend Acceptance New union olliciais readily ad¬ mitted that the rearrangement of procedure met with their apiimval and Intimated that unless unfore¬ seen circumstances develop, will recommend Its acceptance to the special convention that will conveno Tuesday morning, prtrbably in the Y. M. C. A. auditorium on North M.iln street. Absolute authority In passing on the merits of grievances presented l.iy members of the United Anthra¬ cite Miners or tho United Mine Workera of America—against o|)er- ating companies or union odlclals— ha.s been dclc/iited to I'mpIre Gor¬ man by the .National Labor I!o,'ii-d, Al the same lime the setu|) removes the chief complaint of the new uiiiitn a.Tiin?.L the prevUnis propusil by taking from all other member.^ of the Conclliiitlou Bonrd the rlglu to cast .'I vote In deciding tho Is¬ sues, and al.-<o directing tliat opera¬ tor or uni(m memhers ot the con¬ ciliation body are not to eit In on any grievances tiled against them hy complainants. Although executive board mem¬ bers of the new union wil; not iiuss ollkiilly upon tiie po.ice proposal until a niectinjT tomorrow morning, individually tliey c\pre.-:scd satis¬ faction with the terms last nl;,'lit What doubts did exist as to whether tlie i»ropus(Ml procedure would oper¬ ate witii fairness anil imiiartl.iliiv to tile new union were dispelled by .Moii.signor Curran. wiio gave ut- niost assurance that the .National L:ilnir IJo.ird and the President ure ei|ually anxious to bring an Im¬ mediate and s.atlsfactory settlement ot the tieup. Quick response to the encouraging statements ot new union officers came last night when the Glen Alden Coal Company general griev¬ ance committee adopted a resolution urging the new union membership to rf nialn loyal to their officers and at the same time cxiiresjid the "feeling that everything will be set¬ tled satisfactorily to the mine work¬ ers and the public In general." Walker Intervened Rev. Francis J. Haas of Pitts¬ burgh, member of the .National Labor Board: Atty. Frank Walker, Larksviile native and one ot Presi¬ dent Hoosevelt's chief aides, and Monsi.gnor Curran were the guiding geniuses behind the effort that drew the attention ot President Itoosevelt It learned last night. Intervention ot the President, although not brought about by direct contact by .Monslgnor Curran, was believed re¬ sponsible tor Friday afternoon's meeting of the National Labor Board at which the new procedure W.IS adopted and Instructions pre- pareil for the Anthracite Concllki- tlon Board. I'rovosions ot this new arrange¬ ment were inesented it was .said last night, by Fatlier Haas, whose e.x- plantory letter accompanying the In¬ structions stato "the whole spirit of the Instructions Is that the investl- .gatlon Is to he sweeping, funda¬ mental and absolutely Impartial to all parties .at interest." Maloney In Accord Commenting on the develop¬ ment, I'resident Maloney last night declared, "I am in accord with the National Labor Hoard's proposal but we must lirst liuve a speclflo outline as to how the average mine worker is to go before the board and whether ho shall be entitled to reiiresentation. By that I mean a mine worker with a grievanco who shall bo shy because of fear ur intimld.ition. 1 feel ho should be represented by members of the organization ut which ho Is a mem¬ ber." Maloney's tears that mine wor' - era would nut be iiermitted tn go Icioro the Conciilition Board ac¬ companied by an ollicer or ac- cedited repn .sent.atlve ot his union were allayed by Monsignor Curran, who declared that the quealiun was uno of minor nature and would b» easily settled. "No intelligent body of men would expect a mino work¬ er unversed In presen'ing a griev- .!.ce to carry his own c.i.-4e before tlio board," Monsignor Curran stated. "In Washington they are anxious to settle this trouble and 1 know that arrangements can b« made to eliminate any fear or ques¬ tion Irr this respect." Coai operators questioned her* last niglu also expressed the opin¬ ion that there should be no difficul¬ ty encountered as to what Individu¬ als should represent the complain¬ ant mine workers. Gorman Is Sols Authority Ofllelals of the new union last night declared that the National Labor Boards' Instructions to the (Continued on Page 6—Sec. 1) Park Your Gat Outside Or YouHl Hear Bells Ri ging At Sing Sir.g! OsHining, N. Y., Feb. 3--UP- Warden Lewis E. Lawea ot Sing Sins Prison today disclosed that he Is considering installation uf a "m chanical gun detector" as a part ot the prison equipment. Tlie machine. 8oniewh;it smaller thin a typewriter, can be conceal¬ ed In a desk. It rings a bell or buzzer whenever poruons carrying metal objects uf certain size enter Its area. The detector will be In- vuluuble in cases when the gun, knife or other weapon la so clevgr- ly concealed upon the owner's per« son as to be uverluoked by the custuniary "frisk,'; the warden said* "It will prove especially helpful In preventing women from smug- glln.i? In a weapon. It Is much hanler to tlnd any contraband upon u woman than a man, Luwes said. "It can be adjusted so It will overlook a small metal object like a raatch-Iox, a smaU penknife or a woman's, vanity case."
Object Description
Title | Wilkes-Barre Sunday Independent |
Masthead | Wilkes-Barre Sunday Independent |
Subject |
Wilkes-Barre (Pa.) - Newspapers Luzerne County (Pa.) - Newspapers |
Description | An archive of the Wilkes-Barre Sunday Independent newspaper. |
Creator | Wilkes-Barre Independent Company |
Publisher | Wilkes-Barre Independent Company |
Place of Publication | Wilkes-Barre (Pa.) |
Date | 1934-02-04 |
Location Covered | Pennsylvania - Luzerne County |
Type | Text |
Original Format | Newspapers |
Digital Format | image/tiff |
Source | Microfilm |
Language | English |
Rights | http://rightsstatements.org/vocab/NoC-US/1.0/ |
Contact | For more information, please contact the Osterhout Free Library, Attn: Information Services, 71 S. Franklin Street, Wilkes-Barre, PA 18701. Phone: (570) 823-0156. |
Contributing Institution | Osterhout Free Library |
Sponsorship | This Digital Object is provided in a collection that is included in POWER LIBRARY: Pennsylvania Photos and Documents, which is funded by the Office of Commonwealth Libraries of Pennsylvania/Pennsylvania Department of Education. |
Month | 02 |
Day | 04 |
Year | 1934 |
Description
Title | Wilkes-Barre Sunday Independent |
Masthead | Wilkes-Barre Sunday Independent |
Subject |
Wilkes-Barre (Pa.) - Newspapers Luzerne County (Pa.) - Newspapers |
Description | An archive of the Wilkes-Barre Sunday Independent newspaper. |
Creator | Wilkes-Barre Independent Company |
Publisher | Wilkes-Barre Independent Company |
Place of Publication | Wilkes-Barre (Pa.) |
Date | 1934-02-04 |
Date Digital | 2009-09-22 |
Location Covered | Pennsylvania - Luzerne County |
Type | Text |
Original Format | Newspapers |
Digital Format | image/tiff |
Digital Specifications | Image was scanned by OCLC at the Preservation Service Center in Bethlehem, PA. Archival Image is an 8-bit greyscale tiff that was scanned from film at 300 dpi. The original file size was 32076 kilobytes. |
Source | Microfilm |
Language | English |
Rights | http://rightsstatements.org/vocab/NoC-US/1.0/ |
Contact | For more information, please contact the Osterhout Free Library, Attn: Information Services, 71 S. Franklin Street, Wilkes-Barre, PA 18701. Phone: (570) 823-0156. |
Contributing Institution | Osterhout Free Library |
Sponsorship | This Digital Object is provided in a collection that is included in POWER LIBRARY: Pennsylvania Photos and Documents, which is funded by the Office of Commonwealth Libraries of Pennsylvania/Pennsylvania Department of Education. |
Full Text |
»»^»«^B«^B*«
GOLD POLICY GIVES TREASURY BILLION PROFIT
¦ I ^ 1 ^ 1^ I ¦¦ I ¦!
—>
SUNDAY INDEPENDENT
THE WEATHER
leased wire telegraph report to 3 A.M. SUNDAY
Cloudy and warmer, followed hy
rain or snow In north and west
portions; Monday fair, colder.
FORTY-SIX PAGES
The Only Sunday Newspaper Covering the Wyoming Valley
WILKES-BARRE, PA., SUNDAY, FEBRUARY 4, 1934
Entered st Wllkrs-Bnrre, Ps.. As Second Class Mall Matter
PRICE TEN CENTS
MALONEY RECALLS CONVENTION; MINE STRIKE MAY ENO TUESDAY
Write Up Of Gold Lets Re¬ ceipts Pass Expenditures By More Than Two Billion
PART FOR PAYROLLS
Remainder Will Be Used In Relief Needs; To Stabilize Dollar At A New Mark
HUGE FEDERAL PROFIT
Wii.shlnKton. Feh. 3 —UP — The two hllllon dollar fedrral Kovern- ment ilcllclt was turned Into a sur¬ plus nr nearly a hllllon dollars and tho Treasury's ready cash ral.sed to four nnd one-hulC hllllon dollars tod.iy when i?ovemm«nt -Dhokki'op- ers entered the huKo dollar deval-
|%fttlon profit on the Treasury's books.
'• Thu transaction was merely a papei- (jperatlon made possible by the .\dmlnIstratIon'B goUl reservB bill enacted early this week, under which the gold content of the dol¬ lar wns cut by President Koose¬ velt from 25.S grains of Kold nlne- tenths fine to 13 5/21 grains nine- tenths fine.
Dsvsluatlon Profit
The 8,237 tons of pure gold own¬ ed by the government wero "writ¬ ten up" from the previous value of »4,:12,751,SC4.S3 as carried on the Tre.'isui-y hooks to $7,01S,263.- S25.7n. This was tho extent of tho devaluation decreed by I'rCHldent Koosevelt.
This left a "profit" for tho Treas¬ ury's hooks of $2,S05,512,060.87, which has been entered as govern¬ ment receipts under the title "In¬ crement resultiuB from reduction In the weleht nf the gold doHar."
Only a part of this "profit' how¬ ever, can be used by the government In meeting payrolls, paying relief needs, or various ordinary expendi¬ tures of the government, as l|;2,00o,- 000,000 is appropriated tor a slabil- Izatlon fund under which the admin¬ istration will enter the world money and financial markets to "peg" the dollar nt the new standard of 16 5-21 grains of gold.
I^ntering of the sum on the gov¬ ernment's books, nevertheless, gave the treasury the first substantial surplus since the start ot the de¬ pression and curried Its ready cash to the highest level In hi^ |
Sequence | 1 |
Page | 1 |
FileName | 19340204_001.tif |
Month | 02 |
Day | 04 |
Year | 1934 |
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