1935-03-25 — Page 2

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PRIVATE U.S. BANKS DOOMED

WIDE SUPPORT OF CENTRAL SYSTEM

SEN: THOMAS'. SCHEME

Washington,

Congressional currency expan- slonists predict the Administra- tion's Central Banking BIP" is the beginning of the end of the American private banking system. Others believe the Administration will

retreat on the Bank Bill when the fight becomes hot. If the bill in brought to a vote at this ocasion It will serve better than any other ponding measure to align so-called Conservative and Radical, groups against each other regardless of party.

The split of the Democrats is niready apparent. Senator Elmor Thomas, Democrat of Oklahoma, who wrote the currency expansion measure adopted by the 1933 special session, welcomed the proposed 1935 Bank Act. Senator Carter Glass, Democrat of Virginin is bitterly critical.

of the private banking

TELEGRAPH.

MONDAY, MARCH 25, 1935.

OLIVE GREEN.

Fashionable Colour' For Spring Wear

INVALID DUST

Olive green in one of the fashionable colours. This. frock, of dull-surfaced satin, in rapressed in it, the silk corda at the waist matching the satin exactly. The neck-linc and full sierves are attractive.

ordinary way, using two ounces to Make the arrowroot in the half a pint of milk, Bail it for five minutes and sweeten slightly, Cut up a good-sized cooking apple 118 for fritters. spread out the pieces in a small pie-dish and put a blob of the invalid's favourite jam on each. Pour over the hot arrowront, and bake the dish for half-an-hour in a moderate oven.

MANILA QUAKE DANGER

CITY'S FOUNDATIONS NOT SECURE

DISASTERS RECALLED

Mantia, P.I.

An earthquake of intensity VIII or IX would undoubtedly result in serious damage to the city of `Mnalla, ́ and might possibly be dinnstrous in its effects, according to. Dr. Leopoldo Faustino, Assistant Director of the Bureau of Seience.

Dr. Faustino warned that the earthquake hazzard has been given little attention in the city of Mahila and that. it is time to con- Bider the fact that most of Manila Is built on filled ground and loose sand and gravel sediment.

The science executive pointed to findings of the California Earth- quake Commission, ne well as the preliminary report on the Japanese earthquake, to show conclusively that Manlia is not built to stand against sovero horizontal oscilla- tion. Both reports stressed that earthquakes are most destructive to buildings and structures erected on loose sediment whereen the ma Jarity of Manila's buildings are erected.

The islands lie in one of the two earthquake belts of the world, Dr. Faustino asserts. The one includ- ing the Philippines encircles the Pacific basin. The most destrue- tive earthquakes on record in the

belt.

rocked by tremors of intensity IV, Althagh Manila is frequently and sometimes V and VI, doing little or no damage, history recalls disastrous earthquakes in 16-45 and 1863.

"I am for it." Thomas told the United Press. "The bill is exactly In line with what I have been try- ing to assert. Anything that takes control of finances out of the hands of a few big bankers and tends to put control in the hands of the Federal Control Board will have my support. As empowered in the bill now before the both houses of Congress, the Board should be supreme in matters of money and ARROWROOT AND APPLES finance. This bill looks to me like the end

ARROWROOT is a time-honoured t 25 years have occurred in this system."

Invalid food, and cooked applest An anonymous although authori-nre allowed in most convalescent These include the Yakutat Bay titive statement of New Deal polles diets. An attractive way of com-earthquake (Alaska), the 1906 not long ago, foretold the type of bining the two is this.

San Francisco earthquake, and the legislation planned by the Adminis

1923 Japanese earthquake. tration. This exposition advanced the argument that the interests of the banks and the people did not always coincide. At Jast Mr. Roosevelt's foremost advisers were said to seek additional control over banks to enable the Government to compel consideration of mass in- terents above purely banking - terests, whenever the two were in conillet. Whether there is any conflict at all is a matter for debate which will resound during con- sideration of the Bank Bill.

Senator Thomas has introduced n Central Bank Bill

going further than the Administration plan. He would have the Government pur- chase all stock in the Federal Reserve Banks-there are 12 of them now owned by the member banks. Senator Cutting, Republi- can of New Mexico, is drafting a similar bill. The outright bank MIXED MARRIAGE centrists probably would take the Administration Bill as a. com- promise on the theory that the Administration is coming closer to their views than they had expect

ed.

It can be enriched and given & more "taking" appearance by the beaten yolk to the boiled arrowroot addition of an egg. Add the

then, when the pudding is cooked, allowing this to cool a little first), whip the white stily, pile it on top and brown it attractively in the oven.

IN LEITH

UNUSUAL SCENE IN ROMAN CHURCH

PROTESTANT PROTEST

in 1863 the Cathedral of Manila, and nearly 600 private houses were 46 public buildings and churches destroyed. Nearly 2,000 buildings were damaged. Over 400 persons were killed and around 2,000 in- jured in one way or another.

destruction in tinies when there out that this was the extent of However, Dr. Faustino pointa

and steel, and when two-storey were no imposing edifices of stone houses were considered **RKY- scrappers."

To-day, Manila has many five and seven-storey office buildings, hotels and apartment houses. More are being constructed each year.

It is with regards to future cou- struction that Dr. Faustino's warn- ing is particularly directed. United Fresa.

dozen, [

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OUR BRITISH CROSSWORDS

Across

1.Short and thick, like a ased-up'

cheque book.

4 Close quarters for an argument. Is a son to be turned Into a peet? 10 Sound_advice_to_an_hotel_in_ o

French town.

12 The kind of pull that's very

wenk.

This goes on after dinner.

15 Eighteen goes in three times.

and makes very little of a liveli houd.

of people, teas than

18 Elbow work. entered the church and called out 22 Why is this never eaten? Is

17 This ant is waiting. that they protested against the marriage.

into the building at that moment, Another priest, who had hurried asked the protestors to withdraw, and they at once did so.

Amendments to carry the Ad- ministration bill to the extreme of government ownership of Federal- Reserve Bank stock will be offered in the Senate. They will be reject ed. There is no doubt that President Roosevelt enn keep Con- gress within the limits of the

There was an unusual scene al legislation as now drafted to ex-

a mixed marringe in St. Mary'a

The clergyman asked them if und Reserve Board control over Roman Catholic Church, Leith,"

they directly represented the private banke.

number of people who, it is under- family and, finding that they did Much

more likely than any

stood, belong

Protestant not, he told them the church was to the radical amendment is the posgi-Action Society making a protest no place in which to cause a dis- bility the Administration may against the wedding taking place. turbance. decide the bank issue is too hot to The bridegroom is a Roman handle this session. New Deat Catholic and the bride a Protest legislation is encountering serious ant, and it appears that the pre- Congressional obstacles. Senator testurs wanted the marriage stopped Glass's stand against amendment of because the father of the bride was the Federal Reserve Act will be a

The ceremony then proceeded at présent at sea and that hẻ rallying point for the Republican should have an opportunity of be without further interruption. and Democratic conservatives.

ing consulted in the matter.

A crowd, however, assembled at Mr. Roosevelt's Congressional

After the service one of he the Constitution Street gates of leaders shortly will be telling him officiating clergymen, discussing the church, and as it was clear to avoid unnecessary trouble at this the incident, stated that the couple that a disturbance might arise session. He is not committed to cante to him and expressed their when the young married couple Bank legfalation. tion of it in his annual message.

There is no men- desire to be married, and as they were leaving, it was decided to And the certificate and everything telephone to the police for aquist- If opponents of the "Central was in order, the ceremony was ance. Bank Bill" are willing to fight, arranged. they can stop It, at least for the Time being. United Press.

SALESMAN SAM

Several officers were at once

In the forenoon, just as the sex-sent to themačene, but...no-vile- vice was beginning, à'small group turbance occurred.

Anyway, He Was Crocked!

24

quite catable.

What is it that goes up at the same time that it goes down? 27 It would be charity to give it n little article. That's the line to .take.

28 Tell cook when she puts it in the.

aven not to drop half: the other half can go to the dogs.

to

31 She gives a zest to, the meal. 32 This is closely attached 33 No matter how you pronounce it,

vesinou.

you can always get a meal in this boat.

34 Licensed to use his cats,

36 Cireults that cover a great deal

of ground.

Down

1 It's simply trifling to make a Joyful noise about wing, isn't it? How the convivial-gentleman may be on his legs when tea has been taken aboard,

3 You'll use it here, probably, when you find it. See the point? Suing wrongly. Father

7 Draw out.

Tel. 67034.

21270.

585-45.

58900.

29071.

28038,

Doing nothing pleasantly,

11 Sweetly or sourly or similarly. 14 Reminds me of any solver clud

in all wool.

18 Copper. This describes u kitchen- maid-preparing the potatoes. 10 Why are the accountants $0 cautious when the bird fa dissected?

20 Rocial

31. One may meet bores in these on horseback: even big guns ΠΡΟ not exempt.

23 Though it might be a bit-for fortune?--it's illegal in Kimber- ley.

25 You may think it sounds ríský

to play like this. 26 Investments that bring their own

punishment.

20 Hurry 30 Think.

Saturday's Solution

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I

Teething troubles

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OH, OH! FRANKIE AND HIS WIFE ARE GETTIN' ALONG TH' SAME

AS USUAL!

WATT STRECT

WAIT RIGHT HERE; FRANKIE, AND I'LL RUSH DOWN TO TH' STORE AN' GET SOME ARNICA AN' TAPE! WHAT WAS

"TH' TROUBLE; THIS TIME?

品

AW, TH' MISSUS THRELO SOME FLOWERS AT ME. IN A TANTRUM!

TANTRUM, NUTHIN'! THIS IS JUST AN".

ORDINARY FLOWER POT