The Brooklyn Daily Eagle from Brooklyn, New York • Page 1

WALL STREET Stock and Curb Closing Prices -A- tV THE WEATHER By V. t. Wtmthtr Bnvta FAUL, COOLER TODAY; FA1B TOMOB- Daily Trpftwr If if parti? rlMdT Mni aver at It jer, imi 4t. 93d YEAR No. 157 THREE CENTS ENTERED AT THE BROOKLYN PORT OFFICE A3 2D CLASS MAIL MATTER NEW YORK CITY, THURSDAY, JUNE 7, 1934 34 PAGES rfs aw 'I Want You to Look at This Again STEEL MEN DEMAND TO SEE ROOSEVELT; STRIKE SET MONDAY I Johnson Says His Plan 100,000 Sunday School Children March in Anniversary Parade New Jersey's Governor Reviews Tots on Pros-peet Park Meadow Calder Luncheon Host NRA OPPOSES PRICE FIXING IN NEWEDICT Sales Agreements to Be Permitted Only in Cases of Real Emergency Washington, June 7 (JP) The NRA today committed itself against all price fixing except in clear-cut emergencies and simultaneously sharply modified all open pricing arrangements adopted by coded industries.

BANKRUPT BILL SIGNED Washington, June. 1 UP) President Roosevelt today prepared a message to Congress outlining his hopes for social legislation such unemployment insurance and for conservation and utilization of the nation's natural resources. Details will not be available until the message reaches Capitol Hill, probably However, it was expected to embody Ideas expressed by Mr. Roosevelt during and since his Presidential campaign. Washington, June 7 (ff) At the Stroke of noon President Roosevelt today signed into law a bankruptcy bill to facilitate the release of numerous corporations from the hands of receivers.

The White House made clear that the bill would be signed just when the clock showed 12, so that applicants for its benefits could get off to an even start, with no preference for those "in the know." The act binds all creditors to a court-approved reorganization plan to which holders of two-thirds of the total amount claims have agreed. Must Arree to Petition Liner Lincoln Reaches Port After Hold Fire Smiling his self-assurance, Irving Ben Cooper, plumbing probe inquisitor, presses Ellis Jungman (right), chairman of the Examining Board of Plumbers, in cross-examination today on the marking of an examination paper. Commissioner of Accounts Blanshard (center) watches with interest. Smiles of Wife Aid Harriman on Stand Hassctt Fails To Sign Waiver Former Plumbing Board Denied Use of Ear Trumpet by Court, She Reads Banker's Lips as He Deftly Parries Darts of Cross-Examiner By FRANK EMERY Snapping his answers confidently and maintaining an outward calm, Banker Joseph W. Harriman, 67, who failed twice in attempts at suicide, today sat in the witness chair in Manhattan Federal Court and smiled while Assistant U.

S. Attorney Jacob J. Rosenblum- to Avert Walkout of 100,000 Has Not Been Rejected Magnates Debate Proposal on Collective Bargaining The threatened strike of more than 100,000 steel workers today reached the boiling point with the following developments: 1. William J. Spang and a group of steel union leaders were camped on the White House doorstep wailing to see President Roosevelt.

"We will see the President of the United States or go home and prepare to strike," said Spang. 2. The date on which the walk out may take place was moved up to Monday. 3. Gen.

Hugh S. Johnson, NRA administrator, climbed aboard an airplane at the Newark airport for the return trip to Washington in an optimistic mood. He said there had been no rejection of his proposal for prevention of the threatened strike. 4. W.

A. Irvin, president of the U. S. Steel Corporation, and other members of the American Iron and Steel Institute resumed their deliberations in the Empire State Building, where General Johnson appeared before them yesterday. A leading steel official, leaving" the session at the lunch hour, said no decision had been reached.

5 Mike Tighe, president of the Amalgamated Association of Iron Steel Workers, announced he had been summoned to Washington for a meeting tomorrow to discuss the pending strike with General Jonnson. Spang, in a highly inflamed mood, said in Washington, according to the Associated Press. "We are all set to go the minute we decide there is nothing else to do." Press for Audience They expected, however, to see Secretary Perkins late today and to press further their request for an audience with the President at that time. Meanwhile, it was said at recovery headquarters that Tighe had remonstrated over the Government dealing at all with Spang and his group, self-styled "rank and file" leaders. hTere was evident concern both in Government quarters and at the American Federation of Labor over the leadership split in the union, with fears that it would be ex-Continued on Page 2 Rubel Asks Stay Of Jail Sentence Samuel Rubel.

millionaire Brooklyn ice dealer, asked the Appellate Division today for a stay of Supreme Court Justice Leander B. Faber's decision sentencing him to ten days in jail and a fine of $250 for failing to appear for examination before trial of a suit brought by stockholders of the Paramount Ice Corporation, charging fraud and bribery. The court reserved decision. The application was made through Rubel's attorney, former Supreme Court Justice Stephen J. Callaghan.

Rubel himself wasn't there. Mother Forced To Life of Shame A life of imorality was forced her bv a Bronx barber and his wife. Mrs. Joyce Walker, formerly of Marshall. and the mnt.her of three children, told Magistrate William Farrell in West Side Court.

Manhattan, today. Angelo Mariimsei. 52. nf 170 Wash ington the Bronx, and his wife, uanata, zi. wno.

Mrs. walker said, had kent her a "nrisnnpr" tn th Washington Ave. home, were held for tne action of the grand Jury, $1,500 bail being fixed for each. Mannosei was also taken into custody for violating parole on a previous sentence for violating the Sullivan law. On Hie Inside Congress suffering from annual adjournment vertigo, says Paul Mallon; Page 19, The New Deal comes to the Stock Fvchangc.

discussed by Filward A. Ruhfel; Page 10. W. C. Vrccland asks some ijitctions about stewards' "in vestigation ot Machilla and Roik Point races; Page 23.

Three Golfers Tied for Lead In U. S. Open Bliss, Thomson and Gojigin Card 74s for the First 18 Holes Willi Ooctln 411 3 14 Rndnrv Bliia Jr 41 54 Jimntr Thomson 31! .4 Wllllr Hunter HH i 75 MacDnuald Smith 41 K4 Jni Klikwooil .11) Ml .5 aC'harlri R. Yalra 3K S7 Johnny Farrcll 4I 75 Harry Cooper 4I 7 Kd Dudlrr 411 7n Clarence r'hresman 411 'Mi 711 Jack Sabol SK MS 7B Alvin Krueter 7 7 Orville White 711 Georie Sehnfiler 3 711 aCbrla Brlnke 41 ail 11 Sunny Torpev 411 3H 7R Albert Broirh .15 7H Forrester MK 411 7H Joseph Brennan 41 S7 7K Ralph Hutchison 4 SH aCharles Kocsis 41 7K Frank Walsh 7H DeniiT Shute 4'i 78 John F. Seheubfl III 78 Thll Perkins Jack Fasseike IS 41 7 Walter Koiak 3 411 7 Beit Hotan a 411 7 Henrr Plcard 7 Frank firlhot 41 all Jimmy Hlnea 41 1 Kll Clarence Boser 41 .111 nil Bill 411 to Nil Tommv Fllmore 45 .15 HO Bill Schwarti HI icorite Sayers .44 a 1 a.l.

Hood flalt reli Serafln 4 as aScottle Campbell 41 III HI Cieorfe K. Oriflen 43 40 HI an'. I.awson ittle Jr 411 41 HI l.e.ter Bolstad 44- HI atiene Homans 45 1H HI (iene Klines 44 40 H4 Ralph Stonehonse 45 III H5 Stanley Hancock 4-i 45 R7 Roland Mackenzie 40 41 HH Roland Mackenile 4 88 Merlon Cricket Club, Philadelphia. June 7 (IP) While the professional brigade struggled to overcome a poor start over the breezy Merion course, Rodney Bliss Omaha, home-town amateur rival of the defending champion, Johnny Good-Continued on Page 22 Says Securities Turned to Junk Substitutions in one mortgage group series by the State Title and Mortgage Company resulted In the owners of certificates issued against that group having as collateral what was characterized as a "junk pile" of equities and other certificates, it was disclosed today before Moreland Commissioner George W. Alger in the Bar Association Building, 442 W.

44th St. This was brought out by Alfred A. Cook, chief counsel of the com-missison. and Kenneth E. WaLser, a member of his legal staff, in the examination simultaneously of six sworn witnesses.

These were John A. Dilliard, president and a director of the company; Frank H. Kenny, vice president in charge of sales; Max N. Koven, a director; Louis Gold, a director; Edmund J. Donegan, a director, who is now a manager of the Home Owners Loan Corporation office in New York, and Myron Lyons, certified public accountant of the firm of Barasch fe Wolf, engaged by the State Superintendent of Insurance in mortgage company Investigations.

Iyn. we got 3.000,000 taxpayers here in Brooklyn, and under the charter the way it Is written now they arc getting a fair break. "But he wants everything in Manhattan, and Brooklyn is growing and Manhattan is slipping. Why, before long Manhattan will be in a class with Staten Island and Brooklyn will have 1.000,000 voters." He pointed out that consolidation of the park departments has brought about a situation where Brooklyn leaders "have to go to Jones Beach to find a park commissioner." "If this consolidation goes on," warned McGuinness, "first thing YOU knOW thev'll nhnlich th k-- pough presidents!" By ISABEIXE KEATING To the accompaniment of drumbeats, which swelled now and again in rhythmic cadences, 100.000 Brooklyn children marcehd today in the 105th annual parade of the Brooklyn Sunday School Union. For the first time in almost two decades, the marchers, members of Brooklyn Protestant churches, went forth under skies that were cool and gray, rather than brilliantly sunny, but the weather man held to his early prediction of fair weather and the marchers were reassured.

Following the usual custom, former United States Senator William M. Calder entertained the chief reviewing officers and parade officials at a luncheon at the Montauk Club, preceding the parades, and later went with a group of guests to the reviewing stand on the Long Meadow at Prospect Park, where the largest parade of the day took place. Scene Long Meadows ThTere 10,000 children, In crisply-starched clothes, swung down the lawn in phalanxes, bearing banners or gaily-decked parasols. Many of them were drawn in floats, and others, to tiny to walk, were wheeled i in baby carriages. Hundreds of adults, young and old, accompanied the children, Joining now and again in their songs as they marched.

The parade in Prospect Park began promptly at 3 p.m., and others were scheduled to begin at later hours, so that the drumbeats scarcely died away in one part of the borough before they began in another section. Altogether 27 divisions were scheduled to march during the afternoon. The parade brought out, as usual, a large number of men arrd women Continued on Page 2 Payroll of Fleet Has Big Guard Three million dollars, the June 20 payroll for the fleet, was carried from the Federal Reserve Bank to the Flagship Pennsylvania today with two automobiles full of detectives. Six armed marines at the 96th St. pier.

36 armed marines in six gigs, and a marine guard on deck insured its safe arrival. One hundred policemen and 20 detectives were "on call" in the immediate vicinity of 96th St. The $3,000,000 was delivered in 30 canvas bags. Trial of 9 Besun In Cleric Death The trial of nine Armenians charged with the fatal stabbing of Arichbishop Leon Tourain. primate of the Armenian Apostolic Church, began today before General Sessions Judge Joseph E.

Corrigan in Manhattan. A heavy police guard was maintained to prevent an out-breok of the bitterness which cost the deceased his life as he stood before the altar in the Church of the Holy Cross. 578 W. 87th Manhattan, on Dec. 24.

Police Test Radios For Motorcycles Police Department officials today were testing the feasibility of equipping the 289 motorcycles of the department with $60 radios, attached to the handle bars, as part of a plan to double the police radio alarm facilities. Pope Celebrates An Anniversary Vatican City. June 7 iPi Tope Plus and his Papal Court celebrated today the fifth anniversary of the ratification of the Lateian accord with Italy, whereby the Vatican became an independent State and the Pope a temporal sovereign. Long Bra li Kcsnln FIRST RAOB-Quirkly, first; Arrowwi(t second, Cuichu, uiud. Vessel Was Attacked by Flames 130 Miles Off Hawaiian Coast Honolulu.

June 7 (fP) The liner President Lincoln arrived here today under her own power, with no sign of the fire which broke out 150 miles at sea late last night. She was convoyed by the Coast Guard cutter Itasca and the navy's fire fighting tug Sunnadin. Shortly after midnight (nearly 7 a.m. Eastern Daylight Time) the Dollar Line steamship reported that she had fire in her number 7 hold under control and advised two Navy fire fighting tugs to return and await her in port. But the tugs Sunnadin and Widgeon proceeded, following their original instructions from the Pearl Harbor Navy base from which they put out.

Meanwhile, the minesweepers Gamble and Montgomery and the Coast Guard cutter Itasca had hurriedly assembled their crews upon calls for aid after the fire broke out. Advices from the President Lincoln did not indicate how serious the blaze was in hold 7. containing miscellaneous cargo. The ship carries 60 passengers and a crew of 250 The President Lincoln ot the Dollar Line, is a ship of 8.389 net tons and is 516 feet long. She left San Pedro.

June 1 for the Orient via Honolulu. She is under command of Captain Yardley. City Purchase Causes Suit Lowest Bidder Charges Charter Was Ignored in Asphalt Contract Charging that influence got the city's Department of Purchase on authority of the Board of Estimate, to ignore the charter, which requires contract awards to lowest bidders, the Empire Asphalt Products Company, of Varick Avenue. Brooklyn, today filed a motion in Manhattan Supreme Court for a mandamus ordering cancellation of an award to Limestone Products of Westchester, second lowest bidder, for 20.000 tons of asphalt for park use. Copies of the notice of motion were served by David M.

Neuberg-er, attorney for the Empire Asphalt Products, upon Russel Forbes, commissioner of the Department of Purchase and principal defendant; Robert Moses, Commissioner of Parks, and the city, who are all named defendants, though no criticism is made of Mr. Moses. The Empire Asphalt products bid $5.22 a ton or a total of $104,400 for the 20.000 tons of bituminous macadam, a kind of asphalt. Limestone Products bid $5.79 per ton or $9,200 more than the lowest bidder. Treasury to Replace All Paper Money Washington.

June 7 The Treasury Department has undertaken the replacement of almost all outstanding paper money estimated at about $4.800.000.000 with a new type of bill, on which the gold clause, promising to redeem the bills with gold on demand, will be eliminated. Instead there will be silver certificates, as well as other legal tender for all purposes Including payment of debts and taxes. The intrinsic value of the dollar, it was pointed out by officials, will retrmin unchanged. The change will be made gradually, over a period of probably five years. Roosevelt to Get Yale Degree June 20 New Haven.

June 7 lTi President Roosevelt will come to New Haven on June 20 to receive an 1 honorary degree of Doctor of Laws from Yale University. It was believed likely that the President while in New Haven would slay at the home of Dr. Har- I vey dishing, father-in-law of James Rooieielt, the President's eon," A petition for reorganization may be filed by any creditor or stockholder If it has been approved by holders of 25 percent in amount of each class of claims and 10 percent of the total. If the company is not actually insolvent, but merely unable to meet maturing debt, shareholders representing 10 percent of each class of stock and 5 percent of the total must agree to such petition. A debtor company may file the petition without such approval.

Favorable court action on a composition plan must be accompanied by written agreement by the holders of two-thirds of the total claims. If the company is not held actually insolvent, approval by stockholders representing majority holdings also is required. Throughout the country there are situations where holders of large amounts of claims have agreed to plans of settlement, but where action has been held up by minority creditors' objections. Difficult to Arrange Heretofore it has been necessary for bondholders' committees to go through foreclosure proceedings Continued on Page 26 Labor Troubles Worry Market Labor troubles worried the stock market somewhat today. Prices declined early, steel issues getting down about a point.

But in later trading, silver and gold stocks became strong, and oils also moved up. these gains pulling up much of the rest of the list. Industrials late were a trifle abivp the finals of yesterday, though steels were still down. Rails, however, responding to larger than seasonal losses in loadings, were heavy, averaging a loss of about point. Utilities were easy.

Grains dropped sharply early as the drought relief news came in. Good rallies followed, and shortly before the close, all but a half-cent was recovered by wheat, while corn gained one cent a bushel. Cotton gained a few points. Silver was up in itnr contracts. Dollars were fairly heavy.

Sterling advanced cent to but francs dipped point to 6.61 cents. German marks rose nearly 'j cpnt nfter a soft opening. Gold propped 9 pence in London. Bonds were slightly higher. Curb tendencies were irregular.

Slock Table on Page 26) In Today's Eagle Lehrenkrauss Hits at Nephew Testifies at Trial of His Kin That Valuation of Property Was Wrong Julius Lehrenkrauss, 61-year-old head of the defunct mortgage firm of J. Lehrenkrauss Sons, came back from Sing Sing to Brooklyn to testify late yesterday and again today against his nephew, Charles Lehrenkrauss, and Herman Rich-ter. Both are members of the bankrupt concern and are on trial on charges of grand larceny. The elderly ex-banker was the last witness before closing of the State's case before County Judge Fitzgerald. Before that Walter Dcnte, a former employe, testified that a piece of property on which the Lehrenkrauss company took a $300,000 mortgage, issuing against it $257,000 in "guaranteed" certificates, was actually assessed at in 1931 and 1932.

Henry Hartjan, another former employe and a bookkeeper, confirmed entries in the company books on the transactions as to the property, which was focated at Archer Ave. and 149th Long Island City. Valuation Incorrect When recalled to the stand, Julius Lehrenkrauss was shown by Assistant District Attorney Samuel Goldstein a valuation of the property of $175,000. That valuation, said the witness, was "incorrect." Head Quits Stand- Jungman Defends Self Charged with having threatened! applicants who protested against paying graft for master plumbers' licenses with "a ride," John J. Has-sett, Tammany politician and former chairman of the Examining Board of Plumbers, today refused to sign a waiver of immunity before Commissioner of Accounts Blanshard.

Pale and nervous, Hassett took his seat on thes tand when his name was called by Irving Ben Cooper, counsel to the city investigator. Hassett shook his head when Cooper presented him with the customary waiver of immunity. The Tammany politician announced that he was represented by counsel. Cooper and Blanshard informed the prospective witness that counsel had no standing at the inquiry, and that Hassett could answer the charges against him or take his chances on grand jury action. Hassett walked from the stand and left the hearing room with an attorney.

Jungman Signs Waiver Commissioner Blanshard next called Ellis Jungman, who succeeded Hassett as chairman on the board last December, and Jungman signed the waiver after some hesitation. Jungman branded as "wholly false" the testimony of Leonard Stampfl of 5908 Catawba Ave. Rldgewood. and Paul Ambrogio, 157 Wyckoff that a year ago he had been paid $400 to "re-mark" Stampfl's examination papers to iqalify the latter for a license to practice as a master plumber. Puts Blame on Hassett Under a sizling examination by Cooper, Jungman conceded that he had testified in private examination that he had "marked up" the papers of applicants for master plumbers' licenses when they had failed in their examinations.

Jungman blamed these practices on Hassett, who, he said, had urged that a number of competent men had failed to pass examination through "stage-fright." To specific questions of specified Continued on Page Kelly and Sinnott to do something drastic about it. A special meeting of the County Executive Committee, with a firm stand against the Smith recommendations, is the least that will satisfy him. Made a Deep Study Said Mr. McGuinness. who is making a deep study of charters charter revision: "We want this settled the way 3,000.000 people of Brooklyn want it settled, and not the way Al Smith wants it settled.

"I'm against Al in this on the business of centralizing everything in Manhattan, putting all the coun ty offices and other offices there. Un fair to the people of Brook cross-examined him. Doggedly, and beaming at the crowded audience in the stifling court room, the elderly canker maintained his insistence that he had had no Jart in the alleged $1,700,000 false entries found cn the books of the Harriman National Bank Trust Company. The jammed court room was tense when Harriman took the stand to do battle with the prosecutor, three decades his Junior. Parries Skillfully While the elderly banker, president of the large national bank that failed to open after the banking holiday in March, 1933, parried skillfully with tha young prosecutor, his gray-haired wife, Mrs.

Augusta B. was constantly leaning forward from her seat in the front spectators' row in the crowded courtroom, Mrs. Harriman is unable to hear a spoken word, and Judge Knox Continued on Page 3 Hickey Receives His Commission Leo J. Hickey, whose appointment as United States District Attorney here was confirmed last week by the United States Senate, today received his commission as the Federal prosecutor in the Eastern Federal District of New York. He will take office next Tuesday, succeeding Howard W.

Ameli, who for the last five years has held the post. Denies Rosenzwei Doubt Certificate Justice Steinbrink in Supreme Court today denied the application for a certificate of reasonable doubt made on behalf of Samuel Rosen-zwelg, former delegate of the Laundry Drivers, Chauffeurs and Helpers Union, who is serving two years in Sing Sing. He was convicted of extortion after being indicted by the extraordinary grand Jury convened by Governor Lehman to investigate laundry racketeering in Brooklyn and the rumors of a slush fund in connection with the County Court trial, guilty plea and suspension of sentence on Red Jake Mellon, Brooklyn laundry czar, Edward Lollo and Morris Rothenberg Justice Steinbrink declared that the "informal" application for a certi'cate and the refusal of Justice Pierce H. Russell to grant it was binding. Rrlmonl Park Roults FIRST BACK Oalomnr.

flrl: Roc Bloom, tacond; Cloud Sweeper, third. McGuinness Breaks With Al Smith, His Old Pal, on Charter Revision Anirln Ptrl Id Art Arthur 2S Brldje Id Clu.lftfd Art II-S2 Comlri 33 Death Nntlre 17 Dr. Cflriman 1A Dr. Hij'f Diet iff Fdltnrlnt 20 Flmnclftl 15-27 HHcn H'orth 14 Home Guild Past 15 Loft and Found. I'rrtiinals Mnvlr 2a Novel Id Radio in Bral Folate II Ship Nfwi 54 Sorlety Sport 'J't-24 Theater 2S Woman'a rate 14 Peter J.

McGuiness, as loyal a Democrat as ever grew up to be leader of Grcenpoint, struck out pretty bluntly today at his old friend and fellow Democrat, former Gov. Alfred E. Smith. Personally, McGuinness made it clear, he and Al are as good friends as ever. But on the subject of charter revision no.

Smith as chairman of the Charter Revision Commission, has asked Governor Lehman for a special session of the Legislature, at which consolidation of county offices might no lunched. And that's what Pete doesn't care for. He annouiirrd today he woulvl re- guest Brooklyn Triumvirs WoganWt.