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MARCH 10, 1033.
'BANK HOLIDAY IS CONTINUED BY ROOSEVELT Legislation Is Passed in Record Time by Congress. (Continued From Page One) been accepted throughout the na tion as insuring immediate reopen ing of sound banks. But no word came from the White .House or the treasury department. Hundreds of inquiries poured in as to whether banks would reopen Fri day. Finally, Senator Carter Glass (Dem„ Va), leaving the White House at midnight, said that there would be a short delay. Soon thereafter, Secretary Woodin issued a statement, saying that none could reopen before Saturday. Some other officials believed it might be Monday before any banks reopened. Time Is Needed ‘ While much information already has been assembled," Woodin said, ■ the completion of the information and of the arrangements of the banks for resuming their functions takes some time. It therefore has been decided not to authorize any reopenings before Saturday, March 11. ‘‘lt is obvious that it will not be possible to act upon all applications, even by Saturday. Regulations and also other subjects covered by the legislation immediately will be pub lished. ‘‘This legislation rr .kes possible the openings of banks upon a sound basis, backed by an adequate supply of currency. Through this law the hanks which will open will be placed in a position to meet all demands. Should Restore Confidence "This assurance should restore ♦iconfidence and create the founda tion for a forward movement in business activities. “It will be the policy of the treas ury to permit as rapidly as possible j the opening of sound banks. There | are. of course, many thousands of j such banks which promptly will be | restored to the performance of their normal functions. "The treasury already has taken steps to secure information through proper authorities as to condition of banks of the country and imme diately invites from the banks appli cations for reopening.” For a time late Thursday it ap peared the emergency bill might be opposed stubbornly. " Tempestuous Senator Huey Long (Dem., La.), delayed action. He wanted an amendment authorizing the President to admit all state banks to the federal reserve system. He declared that if state banks were compelled to reopen without reserve backing, (hey would have to close again "in three hours.” King-fish Is Assailed Senator Glass, old foe of Long on banking maters, rushed to the de fence of the bill and took the King fish roundly to task for delaying its enactment. Every "desirable” state bank in the country can gain immediate membership in the reserve system, the Virginia said. He predicted the measure would enable early reopen ing of banks holding 64 per cent of the nation’s deposits. On the final vote, seventy senators supported the bill and only seven were against it. The seven were Borah (Rep., Idaho), Dale (Rep., Vt.i, La Follette (Rep., Wis.i, Nye Rep. N. D>, Carey (Rep., Wyo.), Costigan <Dem„ Colo.) and Ship stead (Farmer-Labor, Minn.), Ijp—fSPECIAL Painless CH ExtractionsU l HANNINu BROS. TVn.h, A JVnn.—2ol lirosKe Bill*. (cOLD^ pi Put Mentholatum in YU ml nostrils to open them, \\\ iff rub on chest to l/l reduce congestion. . f RITE'S / CUT-PRICE \ / WATCH \ I REPAIRING 1 / CRYSTALS 1 Fitted While You Wait L Round Crystal* Ito Fancy s*- ,e Crystals ... 29c Crowr . Stem. #I.OO up Any ..osiirlns . 90c tVatcn Cleaning Sl.oO Jewel Replacing . $1.19 HMirll 43-45 SOUTfI JUINOIS c Tve Deal Jcwcin nop I RELIEF from ECZEMA Why tht pa to and miner? that nlway* arronipanic** rrn*mnf har hrrn romplrfrly rfliftfd. Vu. too oh n injo> a ofoan. hoalthy akin frft* from irri tation hjr the n*p of .IO OA-SOL Sold and Cinarantrrd hy HA%t lIRIU STOKES ®L NEWEST TWO-HORSE POWER FREE-WHEELING IDEA ' ‘ * You can't raise gasoline in your ow r n fields, but you can raise hay, and an old flivver can be made to run on hay. All you need is a simple attachment c onsisting of two horses. Hans C. Hansen of Audu bon, la., proved that when he hitched his team, well-fed on crops he can't sell, to the old "buggy,” and snapped th e switch. B Backet set Catty Awayirh Away ~4 C 1 1 g\ c HI issr'i; I 29* I HI :lo ths 3 1 f" Cc HMM ~~~ J ” WOMEN'S H fSLc 1 • l “ tl "‘ Ml H TOWELS jA 1 HANDBAGS 1 r.T"r"" * I ■girls’ "7 (fta. ■ “ h co ’ rUL. 1 —; 1 W * S H dresses 1 mMm , 09 I S °SSers ft* H ■?=l —r“-"l work** Hi 1 1 SWEATERS, CQ C H|| — —r'r'ir 1 A* 47 1 & m i CWEtatttS £* I Winter COATS I r -— l I —ir?r\\ s aHe 1 dress shirts fa IGULAR lOC yl I SPORT OXFORDS I H LTAIH RODS ~Qf 1 I • MEN Minis ■ ——— I —womer|llss % .19 1 woRH ®? n IRTAIN *Ce 1 arcH SUPPO -* * 1 I anels 1% c 1 1 pants AO c 1 n inches. - 1 MEN’S 1 |)RE“ M JSS. IT- 1 OXFORDS I zTioffj; * ... t bed size 4% A. I dress o lankets vy I * Mill<l t 36 N. PENN. | THE INDIANAPOLIS TIMES FOOD PRICES TO ; REMAIN STEADY, SAY RETAILERS l No Shortage Apparent in Any Grocery Line, Is Opinion. Regardless of the banking situa ! tion. food prices for the week-end | W’ill remain about normal, according to statements today by various heads : of retail and w holesale grocery firms. Despite the complications of re ceiving money during the past week, little change has been noted in purchasing of food supplied, it was stated. Several chain and in dependent stores reported no de crease in recent operations. Only rumors concerning short age of canned food products was from Detroit earlier in the w'eek. This condition is believed to have' been adjusted. Several wholesalers said there was no indication, what- 1 soever, of food price increases in the near future. Purchasing of food suplies by in dependent grocery stores showed no change, according to various whole sale companies. Only minor changes in grocery prices during the last week was in sugar and beans. Slight increase was dis played in that line in the middle of the week, but were back at normal prices today. HUGE GARDEN PLANNED Needy Families to Benefit by Sum mer Project. Bjj T'nitrd Trrs* OKLAHOMA CITY. March 10.— Oklahoma City will be “garden con scious” this spring and summer. Needy families will benefit. The biggest gardening project ever proposed here—a municipal garden of thirty-five acres and countless back-yard and vacant lot enterprises—are planned by the Community Fund and Parent- Teacher Association. Most of the work will be done by unemployed and children. EASTER WEEK SCORED Soviet Godless Society Campaigns Against Observance. MOSCOW, March 10.—Already the Godless Society has begun its annual campaign against the Greek Orthodox Easter, April 16. FREE PHILCO Jr. SUPERHETERODYNE FREE WITH ANY SSO PURCHASE Cash or Credit Saturday and Monday you will receive absolutely FREF, this new 1933 Philco Radio with any purchase of SSO or more, cash or credit. OUR PRICES LOWER OR MONEY BACK! We guarantee to sdi furniture for less than any one else in Indiana. If you buy from us and then find the same or even similar furni ture any place else for less we shall immediately refund the difference. BWB (IHII DiNINGROOM *ca $6 ■ *os# Down! s-stis •““j** CABINET ,c s 17= ' 9iE s 9^ ■ ■ si down: $2 DOWN! SI DOWN! The 4-Room Outfit Shown a gfl o Above Is Priced at Only. . I Down! —EASY TERMS— FREE DELIVERY—NO INTEREST quAUTr 3 Wllhridn I Jjfc 8 i \*3ra| Where Are You Going? Our Service Will Increase the Pleasures of Your Trip Making your Frip comfortable and complete, getting yon the heat service at the lowest rate, in onr Im^iness. We represent aid principal steamship lines, transnortation companies etc. \V e can fit a txrip to your budget No cost to you for our service. No obligation on vtour part for consultation with iu. Richard A. Kurtz, Manager Travel Bureau, The Leading Travel Bureau of Indianapolis HdJNION TRUSTS ©iSilaS? 120 E. Market St. R 1 ley 5341 SPRING SURPRISES Await You at the JUNIOR LEAGUE SHOP 158 East 14th St. ONE DELIGHT Our Costume Jewelry in Sport and Evening Styles—lnexpensive, Effective, Unusual. Come and Charge It PAGE 9 The carnival week, which pre cedes Easter here, is being made the special target of the anti-re ligious forces. The Society’s official organ. The Godless One, is main taining a running fire aimed at the I drinking bouts, parties and enter tainments of the carnival.