St. Louis Post-Dispatch
March 19, 1930

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COMIC PAGE TUESDAY, MARCH 18, 1939. —_ I KNOW HOW HE | FEELS. I WAS ° ONLY HIS HEIR Tuy BUT EVERY Time I GET Te THINKING ABOUT THIS AFFAIR IT SEEMS AS IF 7 HAD JUST SPENT THe WEEK-END IN ‘ e) q rid ore f 4. ‘me oe... ey 41," 3 ————— / if, , - 4 _ “ ; r 4 ee od , OF ‘ ee ia - > AN ; ‘ i af lll . stb 44d ~ 8 oo a ‘ ew ee atthe i — BUT WHY SPEND 4l- THIS TIME TELLING ME ABOUT 1T? tm NOT THE ARCMITECT- ! TOD eec wt PAT OFF ‘ - 2 _ The Only Evening 0) | eet RY Oe oN ae ee Pe 4 a q oY ‘4 , Te ee , * 4 Me. ae he ee 6 iy Pinky hee BAe: at ee bi, Me io we we *s a ; ‘ ~~ i AS - Fy — wt “ > Newspaper in St. Louis With the Assoeiated Press News Service VOL. 2. NO. 194. ee ST. LOUIS, WEDNESDAY, MARCH 19, 1930.—44 PAGES. _—— WALL STREET KLL MONEY, HEAPEST IN YEARS, AIDS STOCK BULLS Funds Available at 2 Per Cent After Renewal at 3 —Many New 1930 Highs INVENTOR AND STEEL MAGNATE HE 1S SUING A. F. HOWE in Share List. HEAVY BUYING OF RAILS LATE IN DAY | — Profit- Taking Turns Course | of Prices Irregular in Afternoon — Selling in Merchandising Group. 1 Press. ; Kk, March 19.—Heavy | irned the course of | ‘gular in the late! after an early out- | i had carried more issues to new high | year. Total sales| 00,000 share mark | time this year, the z half an hour behind | t one time in the early | gs of the rails, a | were marked up | featured the late Haven and Missouri- s reached new high | 1 vear. Weakness | onounced in some of} lising issues. Nation- | liess preferred broke 27 i new 1830 lew at 4565, reflection of the} ( the quarterly dividend | nmon stock. .Mobawk | 1d down 3% points to a} w at 25, and then made | overy. : \bundant Supply of Money. | indant supply of money | rates was again the prin- | lish factor in the although some buying al- eloped on reports that the 2 in steel mill operations ap- 1 to have been halted vy realizing sales in the last influenced, in part, ctations of a_ substantial in Federal Reserve brok- day's were eyes See a Ve ete oe EERE AM LOLA OR ENG EN ss 2S RS : esa yt ee x ge Se . Key et . or 4 pene ar Sisters Photo CLARENCE H. HOWARD OQ HURT IN RIOT DURING SEDITION TRIAL IN RANGOON Crowd Stones Police Out- side Courtroom Where | Mayor of Calcutta Is De- fendant—Troops Called. ’ By the Associated Press. RANGOON, Burma, March 19.— which will be made pub- of tomorrow's | nd a widespread specu-| that the market was at least a technical re- its sharp advance of w days. common closed 2% er at 187%, after hav- 188. The veniral -, and the stock sold | last week. Bethle- | luplicated the year's | and closed at 195, net. Yongstown Sheet ed 7 points to 146. os Are Heavy. heavy all day. cco «=B closed 6% ind American Tobac- points, and Lig- rs A and B, Rey- eo and Congress Ci- a points. also ran into | ‘ox losing more than Warner Bros. Pic- ed fractionally and Famous Lasky lost its the close ' ove ) ! wid" ha res renewed at 3 per st initial change since “5, and then dropped Outside money was e at 1% _ per cent, ful supply of funds ‘os for call loans are to the heavy fect at this time last rates ranged per cent, was slightly firmer with rates up of time quoted at ind with the longer 4 per eent flat. ihess News Spotty. ews continued spotty. most engouraging de- the day was the Age report that “the end of steel specifica- en to a large extent with buying at close their customary riders as the second roaches.” FF. W. Dodge increase of 44 per — contracts above the but the 1830 total to ig about 18 per cent corresponding period National Bellas Hess. .argest mail order or- itted the quarterly t this time. trast terest (me oOLles, lack with other ta- dd market. news, will be " Pages 130, 13C, 14C Prices, 'Satinranath Sen, More than 100 persens were in- jured today at a disturbance out-! | Witness to testify side the courtroom wherein J N. Sengupta, Mayor of Calcutta, being tried for sedition growing out of utterances made in support ot Mahatma Gandhi's campaign of | | Co.., Thirty police were among those | civil disobedience. injured. The crowd outside the ccurtroom threw stones at the po- lice and the military was called upon to disperse them. One prom- inent Indian, who went outside the court to try to pacify the crowd. also was injured. It was under- stood the trouble arose when an Indian leading a procession struck a policeman. Gandhi and Party Take Hours to Go Five Miles, By the Associated Presa, BORSAD, Bombay, March 19.— Mahatma Gandhi, Indian Nation- alist leader, and his party arrived at the village of Kaas this forenoon three hours after leaving here. It is only five miles from bBorsad to Raas, but the footsore party trav- eled slowly. | Tonight Gandhi and his party will cross the river at Kalakapur by boat, continuing on their way ta Jalaipur, where they will man- ufacture salt in violation of the Eritish monopoly. Leader of Disobedience Movement ‘ in Barisal Sentenced. By the Associated Presa. BARISAL, Bengal, March 13.— A sentence of six months’ rigorous imprisonment was passed by a subdivisional officer’ today on leader of the movement in Sen, who re- passive resistance the Barisal district. turned here from Calcutta Mon- day. was released recently from jail after signing a bond for 5000 rupees to pe on good behavior for two years. TWO SLAIN BY EXTORTIONISTS By the Associated Press. NEW YORK, Masch 19.—Two killings in Brooklyn today are at- tributed to “racketeering” in the laundry and ice business. Abraham Rothman, 24 years old, a driver for a Manhattan laundry, was shot four times by a gunman who accosted him in the foyer of an apartment house and, with the announcement, “I'm going to give you the works,” opened fire. Rarliet in the day Jeseph Rizzio, 23, who pclice said was @ former ice dealer who had engaged recent- ly in the extortion found shot to death in a parked automobile in the Bath Beach sec- tion of Brookiyn. ‘| evidence Was | | Sales | Steel Castings Co., Three game, Was INVENTOR TELLS OF C. H. HOWARD AND GOLDEN RULE A. F. Howe, a Member of Commonwealth Steel’s “Happy Family,” Seeks $1,000,000 for Patents. LOSES FAITH IN “SPIRIT OF SERVICE” | Gets Lesson in ‘‘Humanics” When Plant Is Sold for $35,000,000 and Presi- dent Offers Him $500. By a Staff Correspondent of the Post-Dispatch. SPRINGFIELD, -ll., March 19.— No common molder of prosaic met- al castings was the Commonwealth Steel Co. of Granite City, which last si year was absorbed by the General From Federal the last its pon- Steel Castings Corporation. introduced in Court here two days, it during viewed |} derous products as media for the organization's self - expression, i through which | fellowship, service ai * the Golden Rule, breathed into them by the happy “Commonwealth family,” were to be conveyed to a crass industrial world whose sense «* moral values had been dulled by concentration on rud. mechanics and cold pig iron. “Hr-nanics,” a word specially coined for i1e masthead of the house organ “The Commonwealth- er,” formed as much a part of the company’s policy in manufacture, as mechanics, the magazine often reminded the employes. Cla: -snce H. Howard, president, even left his presidential offices now and then and strolled about the foundry, slapping grimy mechanics on the haew and cailing then “By “thelr first names~ They were part of) his big, happy family, “My boys.” ! and in dying he left a heritage that; to the killing to determine and he wanted to be known as) “Papa Howard.” Thus did Andrew Frank Howe, | 6954 Cornell avenue, University | City, testify wryly yesterday tle- fore Judge FitzHenry in the sec- ond day of the trial of his suit oy which he seeks an accounting for the alleged use of patents assigned by him to the company. He claims he received no compensation for them. Tells of “Unwritten Rule.” . Howe's testimony was inter- rupted today to permit a defense and leave the William M. Sheehan, for the General which recently bought the Commonwealth Steel said that to the best of his knowledge it was the accepted but unwritten rule in the plant of the Commonwealth Steel Co., that patents developed by the inventive workers of the firm were to be assigned to the company without compensation, except for “prizes.” On cross-examination Sheehan admitted thit his knowledge of the custom the defense seeks to. estab- : lish as fact, was limited to his own | patents :.nd those of a few others. About 14 or 15 men were engaged in inventive work, he said. He stat- ed he has assigned 30 patents to the firm since his employment in 1913, stating that his “prize’’ for a locomotive cradle frame invention was $200 cash and an increase in salary of $15 a month. He got no royalties or stock awards, he said. The sales engineer was questioned concerning a cast steel locomotive bed which he said was invented by Harry Pflager, an official of the Commonwealth company. -Counse] for Howe attempted to show that the base of the locomotive bed was invented by Howe in 1919. Patent Brings Prosperity. city tonight. ‘ngineer CAPT. ROBERT F. SCOTT The chief patent and one on. whieh the Commonweaith’s re-. markable growth was largely pred- icated. was a mold for casting | frames for locomotives and rail-; road cars in a single piece. This was patented in 1910 and turned over to the firm in 1911, Howe tes- tified. Ultimately, it gave the firm virtually a monopoly in this line, Howe testified, and after 1917 ac- counted for 80 per cent of the plant's total output, each casting being made from 15 to 20 cents a pound foundry in the country could man- ufacture it. All were made in one piece, am accomplishment that was beyond the best efforts of rival foundries. Later Howe patented and as- signed to the firm a sand mill. The “savings” to the company from the use of these devices he estimated at $3.675.000 and $1,- 250.000, respectively. 3 Still tater, he devised an hydrau- lic biast, which was used to clean the fine. wholesome works of we- tallic art which the Commonweaith family produced. His salary when he quit, he tes- cheaper than any other’ “Continued on Page 3, Column 2, FAIR, WARMER TONIGHT, THEN and vicinity: Fair slightly L& HL R; Missouri: Fair tonight, rising temperature, ex- cept in extreme norfhwest por- tion; tomorrow mostiy fair, cold- er; much colder in extreme north portion. ~ Mostly fair tonight and tomorrow, except becoming unsettled tomorrow in north por- tion; rising temperature tonight, and in extreme southeast portion tomorrow; colder tomorrow after- nooh in north and central por- tions; much colder at night. Sumset 6:12; sunrise (tomorrow) 6:04. Stage of the Mississippi 12 feet, a fall of 0.3. 1 \ WEATHERBIRD Tllinois: | r , BYRD’S ‘HERO OF HEROES’ | American Explorer Pays Tribute to | Briten in Presenting Essay Prizes. By the Associated Press. OAMARU, N. Z. March 19.— Rear Admiral Richard E. Byrd to- day paid tribute to Capt. Robert F. Scott, fellow explorer of the Antarctic, who died in 1912. In presenting prizes to the win- ners of Scott Memorial Essays at Oamaru High School, Byrd said the members of his expedition deepiy respected the memory of the British explorer, and that he himself thought Scott the hero of | heroes. ‘ | “It was in the field of the spir- | it,” said the American explorer, | who has just réturned from the Antarctic, “that he made pie Be "| failure he gained immortal fame. | success could not have given. We) salute the name of this great-' hearted gentleman.”. Scott and his party perished in | the Antarctic in 1912. | NEW GERMAN LINER, EUROPA, | SAILS FROM BREMEN FOR U. S. Despite Company Denials, It Is Ex- pected It Will Try to Set New Speed Record. By the Associated Press. BREMERHAVEN, March 19.—) |The North German Lioyd liner Eu-! ‘ropa, sister ship of the Bremen, | left here at 1 p. m. today for the | channel ports and New York, amid) the howling of factory whistles | along the Weser Estuary and sa-/| lutes of other ships. Thousands of | spectators lining the shore cheered. | Fair weather was regarded as) a good augury, despite the com-| pany’s statements to the contrary, | it is generally believed the Europa | will try to establish a new world’! record for the crossing of the At- | lantic. The Bremen. on its first, voyage. established a record on | ‘the westward crossing of four days, | 17 hours. The Europa carries 563 first | class passengers, 308 second, 222) tourist and 657 third class. The Europa is a 49,746-ton vessel driven by turbines and has four! propellers. SIXTH OF BANK RESOURCES TIED UP IN CHAIN SYSTEMS Governor of Federal Reserve Board Tells House Committee They Hold Half of Loans. By the Associated Press. WASHINGTON, March 19%.— Governor Roy A. Young. of the Federal Reserve Board, today told the House Banking Committee that fully one-sixth of the total bank- ing resources of the country were tied up in group or chain bank- ing systems. At the end of 1929, Young said. there were 24.645 banks and 3547 branches, or a total of 28.192 bank- ing offices, with loans and invest- ments totaling $58,500,000,000. Of these offices. he said, 6353 were included in someb ranch group or chain system, with loans and in- vestments of $30,000,000,000. “rom this it will be seen.” he added. “that more than half the total loans and investments of the country’s banks are held in group, ehain or branch systems.” $6,367,000 Left by C. P. Taft. By the Associated Press CINCINNATI, O., March 19.— The estate of Charlies P. Taft. phi- lanthropist and published of the Cincinnati Times Star, was ap- praised today in Probate Court at $6.367.374.63. The targest item was 20.000 shares of Times-®*ar stock. vaived at $5,.000.000. The publisher was a half-brother of the late William Howard Taft, former President. ee eee ee eee | at ‘told him: ‘came to this country 27 years ago EAST SIDER SLAIN ON EVE OF TRIAL FOR BOOTLEGGING Angelo Clementi Taken From Home in. Collins- ville by Two Men Posing as Federal Prohibition: Agents. FOUND SHOT DEAD ON HIGHWAY NO. 11 Theory of Authorities Is He Was Murdered to Insure Silence cr to Intimidate Co-Defendants Who Might Talk. Angelo Clementi, prosperous bootiegger, scheduled to go on trial tomorrow with nine other men ina whisky still conspiracy case, was lured from his Collinsville home early today by two men posing as Federal prohibition agents who took him away in an automobile. His body, with five bullet wounds, was later found beside Il- lineis Highway No. 11, midway be- tween the Madison Kennel Club and the Mounds Country Club, on the road from Collinsville to East St. Louis. Investigators are working on a theory that Clementi was killed elither to prevent him from turn- ing against his co-defendants or to intimidate others endl OR po ee The Govetrnnent will inquire in- any connection with the prosecution, District Attorney Baker announced East St. Louis. The trial will proceed tomorrow, he added. Motorists Discover Body. At daybreak, East Side authori- ties began receiving telephone meés- sages from persons driving to work who reported seeing a man’s body in plain view beside the ‘iighway about 200 yards east of the Madi- son dog track. Deputy Coroner Schrceppei and Deputy Sheriff Co- lone drove out from ‘Hinsvills | shortly after 6 o'clock and found | the body. Colone recosnizing it as| that of Clementi. Clementi had been shot above the } ‘right eye, in the left ear, in the left | right chest and abdomen, any of the upper wounds being suf- ficient to have caused death. He had bee: dead about an hour, the Deputy Coroner thought. He was fully clothed except for shoes, cap and overcoat. Indications were tha had been shot else~here, possibly in an automobile, and his body carefully placcd on the grvund. There were no signs of a struggle, and no blood was on the ground or! the «- nerete road. Slain Man's Widow Questioned. Returning to Collinsvifie’ witl the body, the deputies questionec the slain man’s widow at the home, 1236 Constance avenue. “Angelo came home between 9% and 410 o'clock last night under the influence of tiquor,” Mrs. Cfimenti related. “He removed his shoes, cap and overcoat, then fell asleep on a bed. “About 1 o'clock I was awakened by somebody Knocking at the front door. I turned on the porch light, opened the door and saw two well- dressed men who spoke good En- glish. One showed me a gold badge in his hand and said: “We're pro- hibition officers We want Angelo —you get out of here. “They aronsed my husband and) ‘Come atong, Angelo, | you're under arrest.” He went with them to an automobile parked at the curb. One of the men returned for his cap and topcoat. Then they ali drove off.” Clementi was 48 years old and the father of seven children. He thest, Clementi q and avas not naturalized. A former laborer. he leter prospered at boot- legging. but, according to his wife. quit peddling whisky a year ago. He owned the house in which he Hived and an adjoining house, and usually carried $390 to $500. When his body was found, only small change was in the pockets. His |. necktie had been pulled tight and cut off at the knot. : ' Sixty men were arrest and nine stills seized in raids in and ground Collinsville last year. Seven men. convicted In one case, Oob- tained a new trial. The Govern- ment reindicted them, adding Clementi ani two other men as co-defendants Their trial was set for tomorrow in Federal Court at Danville, Ti. OF TAFT IN 28 WROTE DRY LAW > HUSTONS LOBBY FUNDS USED 10 MARGIN STOCKS, BROKER TESTIFIES C. A. Krickl Specifies Shares Purchased With $14,100 Deposited With His Firm in New York. G. O. P. CHAIRMAN CALLED TO EXPLAIN Says He Doesn’t Distinguish Between Deposits, and Money Reached Object for Which It Was Intend- ed. By PAUL Y. ANDERSON, A Staff Correspondent of the Post- Dispatch. WASHINGTON, March 19.— Money collected for the benefit of the Muscle Shoals lobby was used by Claudius H. Huston, Republican national chairman, in speculating on the stock mar examination | a ? ems of his brokerage accounts disclosed at today’s “earing before the Senate Lobby Investigating Committee. Of $36.100 contributed by the Union Carbide Co., $14,100 was used in buying three particular stocks on margin, and the remain- ing $22,000 was put into a genera! stock-trading account... Both ac- counts were kept with the New York firm of Blythe & Bonner, un- der the name of W. E. Moore, al- though Huston owned them. The records. produced under subpena by Charles A. Krickl, a member of the firm, showed that the $14,100 installment was put up las margin on the purchase of 300 ‘shares of Loose-Wiles Biscuit Co., 200 shares of National Cash Regis- ter and 200 shares of Kelvinator. The sale of this stock subsequently showed a profit of $526. All in Margin Account. Krickl said it was impossible to identify the particular use * which the $22,000 installment was put, since it was placed in an account that contained other funds. How- ever, the entire account was for the purchase and sale of stocks on margin, he said. “T could no more tell what par- ticular stocks were bought with this $22.000 than you could tell when you checked out any partic- ular $16 bill that you might de- posit in a bank.” he said. “It was a general trading account.” The Carbide contribution, it has been explained, was ostensibly meant for the Tennessee River Improvement Association, of which Huston was president, and which was actively engaged in ltobbying for a bill in Congress that would have given Union Carbide 50,000 kilowatts of power from the Gov- ernment plant at Muscle Shoais. Huston’s Business Methods. Huston’s explanation of the han-| dling of the Carbide donation fol- lowed Krickli’s testimony. Admit- ting that the particular money re- ' 20 OF 23 CITIES WET, ACCORDING TO DIGEST POLL Only Topeke, Wichlia and Heavily for Repeal. [By Leased Wire Prom, the New York Bareau of the NEW YORK, March 19.—In- complete results from 23 cities were announced yesterday by the Literary Digest in its nation-wide prohibition poll, and showed a preponderance of wet sentiment in 20 of them. In.only three mid- western cities, Topeka and Wichita, Kan., and Lincoln, Neb., did the votes for enforcement of the eight- eenth amendment exceed the com- bined total for repeal.of the eight- eenth amendment or modification of the Volstead act. The preliminary tabulation shows 2 of the cities favoring repeal of the amendment over either of the other alternatives. In three cities, Des Moines, Kansas’ City, Mo.; and Kansas City, Kan., the vote for en- forcement was greater than for either modification or repeal, but in those cities the vote favored a change in the prohibition laws. Results from the 23 cities follow: 3 ud i STREET'S FIRST WOMAN _ BROKER GETS PRISON TERM Margaret McCann Convicted of Larceny in $450,000 Failure of Her | ated P NEW YORK. March 19.—Miss Margaret E. McCann, the first woman to become a broker in Wall Strééet, was today sentenced by Judge Otto A. Rosalsky.in gen- eral sessions to an indeterminate term of not more than three years in’ the penitentiary. She was con- victed of grand larceny March 12 in connection with the failure last fall of her firm with abilities re- ported to be more than $450,000. “Not ¢ single dollar went into this woman’s purse,” said her at- torney, Hugo Wintner, pleading for clemency. “Her troubles £0 back over a year. when her cashier robbed her of $104,000. and the District Attorney's office has. nev- er indicted him. She kept on fn her business, taking new custom- ers’ money to pay old debts. Her mistake was one of judgment.” X-RAY EXPERT IN HOSPITAL FOR WIS FIFTIETH OPERATION By the A BALTIMORE, March | Frederich H. Baetjer, internation- ally known Johns Hopkins roent- genologist, is again at the hospital! for an operation, at least his fif- tieth. due to his dangerous work. Dr. Baetjer has lost in succession nearly all his fingers. The X-rays have affected both his arms and caused the loss of one eye. He also has undergone sev- eral skin grafting operations. Though often urged to retire, Dr. Baetjer refuses to give up his work. ceived from the Carbide company went into his personal stock ac- counts, be declared that an equiva- | lent sum was forwarded to J. W.. Worthington. executive head of the. association. and he produced an- , celed checks totaling $36,100. | Some of the checks bore dates, prior to March 9. 1929. the date on which the first installment of the Carbide contribution came in, In- deed, some of them were dated a year earlier. The total amount of the checks which thus antedated receipts of the Carbide money. was $10.700. Huston explained this by Thus far there has been no tempt to explain: why the Carbid contributions were made fn t form of checks against the person al account of Fred H. Haggerson., vice president of the company. in- stead of being made by the com- pany ftself. Huston'’s personal fnendship with President Hoover Continued on Page 2, Columm 2. 5 f x ~) A Peis i "Best: | ER? 2 nf 4) EEE 78 , ; 4 4 | ; > WAEXIINGTON, March 19.—The late William Howard Taft was quot- ed today at the House Judiciary Comnuiittee’s prohibition hearing as Raving said in November, 1928, that the results of pro.ibition were “glo- rious” and that he f2It it would be 3. | possible to achieve satisfactory re- sults. Horace P. Taft, a brother te the | late Chief Justice of the United States, was the first witness today. Hé presénted a letter the former President had written to Prof. Irv- ing Fisher of Yale University, un- der date of Nov. 21, 1928. Horace Taft said that, while his brother had opposed prohibition before adoption of the amendment, he believed that with adoption it was the duty of all good citizens to obey the law as the amendment was beyond repeal. Text of Horace Taft's Letter. The letter Horace Taft presented was as follows: My Dear Irving: Thank you for sending me your new book. [ shall read it with a great deal of pleasure. In the late campaign 1 found myself in a very awkward situa- tion. I could not issue any pub- lication during it. because of my being on the bench, and yet the New York World published my anti-prohibition letters written to Lincoln (a dry of New Hav- en) before the adoption of the amendment, and then nobody seemed to take the trouble to publish my speech at Yale, givén ae the amendment was adopt- ec. “Requires Time and Patience.” But the result is glorious and Points the only way that we have to work out the problem present- ed. The solution requires -a great deal of time and patience. The habits of an important sec- tion of a congested part of the country capnot be changed over night or in years. The. reform and the adaptation of society to that at which the amendment be ne + are 'T, — pa Fa *, r eh = + i. a 7 s ay ® Pe eee ee Q y 5 . * ¥ . “ " - — re ¥: — & . ~ ~ ons. — ee : P ‘ese ott ; . > J ‘ A ’ as 5, 4 bens ain - A ae “ : ? — . > = ~ ’ ae im ee ~ ce veri Hoon een made - o> A Tete haat = * 2 . 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