A. ■ iL. t ^ ^>"3 MOUNTIES Our neighbors in Canada were considerably shocked this morning to learn that four members of that famous force, the Royal Canadian Mountain Police, had faising disappeared. They were believed to have been kidnapped by rum runners. This afternoon we learn from Halifax that those policemen were abducted by smugglers. They were towing a rum ship into port when they were overpowered by the rummies and kept prisonera. However, the news was flashed all over the North Atlantic. The smugglers tried to put the four mounties ashore at the French Island of St. Pierre. As they did so, they were promptly arrested by the French authorities and the policemen were set free uninjured. The men who kidnapped them are now in the coop. NBC 4 ^ SJ U mmmmm MONEY I'ni back from Washington and one thing I *. iacovered down there was that our Congressmen -- and lobbyists — are all on hand. Getting in training for the inflation fight. One of the favorite indoor sports this winter will be listening to the boys arming it out. If you have listened to the inflationists, you will have heard that everything depends on setting Uncle San^s printing presses to work and flooding the country with dollars. If you have listened to their opponents, you ha e probably heard that inflation will mean over here what it meant in Germany - that we will nave to take a wheel barrow of ten dollar oills to the butcher each time we want a pound of round steak. Today I learned for the first time that there is a middle ground. An aritcle by Maxwell S. Stewart in ray advance Oc 0y of "The Nation" declares that the sound money propagandists have gone to ridiculous lengths. At the same time he admits that the only people who have the most to gain out of inflation are the farmers and the speculators. The speculators always mum - 2 win in slk ,,]! a ga"©, j>u‘t he saya the white collhr classes, the people dependent on wages or salaries will be cut in prices, hot only the white collar workers, but the seventeen million industrial and farm, laoorers will be in a tough spot. In spite of that, Mr. Stewart recalls the fact that France was able to control inflation, and that Uncle Sam can do likewise. On the extreme side of the fence is John Flynn who writes in ’•Colliers" urging everybody to jo|n in a loud, immediate organized opposition to inflation. Mr. Flynn says it always ends in the same way -- with the printing press, mhe picture he draws is of the farmers being impoverished, workers reduced to an peri am, debts of the country cut 50 to 75 per­ cent and the ordinary business man ruined. Mr. Flynn, too, ad ns that the only people to benefit would be speculators. Over in Birmingham, England, the Right Honorable Neville Chamberlain, Chancellor of the British Exchequer, made some remarks about our money nolicy, Mr, Chamberlain told the ste^l city that the constant fluctuation has spread uncertainty and anxiety all over the world. He declared that President 1 ^Vc e, * •' ^ ^GKEY - 3 Roosevelt's nnoiiey policy is shaking confidence and retarding * recovery of the whole world. But you should have heard General Johnson at the Waldorf-Astoria in New York last night telling the manufacturers what's what. The Administrator of the N.R.A. told the National Association of T.Ianufacturers that "The Roosevelt Dollar is the soundest dollar on the face of the globe, now or at any other time." In other words throwing A1 Smith’s baloney right back at him. But the General warned the manufactu i-ers that if the President's policy is attacked, Congress is bound to issue fiat money. Before the General made his speech, the assembled manufacturers had given a rousing cheer to a man who had spoken in favor of rugged individualism. General Johnson retorted by saying that among those who are opposed to N.R.A, are sweat shop operators, child labor employers and so-called captians of finance who not long ago skinned the country alive with mis­ represented securities. i ~/9 6. mJ** * " *P5 ’ll Vi ASK I KG TON Officials of the Agricultural Adjustment Administration are not worried over that embargo slapped on livestock by the Govei nor of North Dajcota* Washington says it will have no serious 1 11 effect on the markets in general. At the same time, the Production Division of the Depart­ ment is trying to dope out ways of boosting the incomes of the cattle I - l raising farmers. A representative of the A A A is in Chicago, discuss- ' I I ing ways and means with the leaders in the industry. : Lle^pa^o matlon. The farmers’ gross income from what they produced in crops I Meanwhile of agriculture has some encouraging infor- and livestock in 1955 will be about six billion, one hundred million dollars. This is estimated on market figures in October. Added to this will be the sum of three hundred million, the money paid to farmers by Uncle Sara for cutting down production. In other words. the real gross income will be six billion, four hundred million. which is a spectacular advance over 1SS2* the 1952 figure, which ffras I I 1 • I __^ only Five billion* S** hundred^a^d forty-th^ee millions. L, Another bit of news that concerns the farmers comes from i ^ S3 B + ^ : Vv ASHING TON - £ 'S Mexico City. It indicates that Mexico's doors may be barred against the importation of any wheat. A petition has been sent to President Rodrigpez and the National Agrarian Commission of that Republic, saying that Mexican growers are exx>ecting the largest crop in the history of the country. Consequently, they don't want any competition from outside, **■##*- Another bit of news from Washington* the N.R.A, A " A................................. -*> feottrlts planning division, to be precise. This division has been making a survey of projects that might be set afoot to put a little ginger into the country's construction business and also put more men to work. This survey indicates that at least six hundred and fifty million dollars can be spent usefully, renovating homes and ft other building# tfarovrgfront: the country. believed—that the AAdminiotration is -abou^ to put man tn Tfmpk,, nrrHng a ourvoy -ofc-real eatate--^iMiotigho'iat thc-land* x * x * x f wiere1, Then fere's something from Mr. Harry Hopkins, Administrator of Federal Relief, also of Civil Works. He informs us that two and al I * /oa ^ WASHINGTON - *x S half million people have been n the last month on civil works projects, j He also says that he has asked the Secretary / td . of the Treasury that Uncle SamTs checks, paythese C.VV.A. workers^ \ be exempt from the usual exchange fee that banks are accustomed to charge. NBC & * - • ■ m j : 'wanmrmms&E&szmm m MOVIES Something seems to be brewing in Washington over the Code for the film industry. Among the visitors to the White House today were General Johnson wdtfr Will Hays, A ^ so-called Czar of the movie Industry, and two big-shot^producers. No information was given out as to the results of the conversation. But it was pointed out that the movie code was signed last week and it is believed that the matter of those high salaries was being thrashed out. NBC ■ ju IQUQR Herefs the liquor taxation scheme evolved by jthM President Roosevelt^s Federal Alcoholic Liquor Control Commission and recommended to Congress. The commission wants to increase the tax from $1.10 A, to $2.60 a gallon. The plan also calls for the collection of taxes within the states that are wet .and have their O'Wn laws for the collection of revenue. The t jl X on beer will remain the same. Twenty percent of the Federal receipts will be returned to the states. . . ,k CHAIN GANG Some months ago a Chicago youth, twenty-one years old, was in Florida, up against It. He had no money, no place to sleep and the night was cold. So he broke into an empty hut in an orange grove and spent the night there. He was arrested and, he says, the authorities told him that if he pleaded guilty he would Just be put on probation. He pleaded guilty and. Instead of probation, he got five years on a chain gang. After serving five months, he escaped. He returned to Chicago, got a Job, got married, and his wife recently had a baby girl. Somebody tipped him off to the Florida police and he was arrested. Governor of Illinois signed extradition papers, \ but a group of people in Chicago are still trying to save him from the much advertised cruelties of those chain gangs. NBC t-f's *.... ' ' ^ DUQUESNE ihat astonishing victory won by Notre Dame over the Army last Hunk Saturday doesnTt seem to have^dw?»-fi£Hjak|^Anderson, tteac Notre Dame Rsryg-t coachp Ma^i^cacfc* Evidently the long line or defeats sustained by the boys from Notre kaggg Dame previous to the Army game was so over­ whelming that even the last victory could not off-set The dope is that he will be succeeded by Elmer Layden, who at present holds the Job of coach at Duquesne University, All football fans will remember that Layden was one of the famous four horsemen. HeTs only thirty years old, but in a short time he^ made himself extremely popular at Duquesne. Moreover, hers M kkx done wonderful work there, bringfl^e Duquesne team from a place way down in the A> cellar up among the foremost teams of the East. It Is understood that Jesse Harper, Director of Athletics '1 a at Notre Dame, All this information Is not yet official but It probably will be formally announced tomorrow. CUBA Some American Investors in Cuba are growing worried. It is rumored that the properties of the Cuban Electric Company and other corporations in which Americans are interested are about to be seized by the Government. Consequently, a formal protest was filed today with the State Department. The reply made by Under-Secretary Bill Phillips,In the absence of Secretary Hull at Montevedio, was that Ambassador Welles Is doing everything within his power to iron out the situation. NBC SPAIN The news from Spain is that, while everything is outwardly quiet, the pot is simmering, though the government is sitting on the lid. Strong guards of police are posted everywhere for fear of risings by the red element. / is Incidentally, the Carte*, the Spanish Parliament, wew assembled today. Its first action was to elect a speaker. The new speaker is Senor Santiago Alba, who used to be a Cabinet Minister under the Monarchy but now Is a radical Republican. * * * * * From Dublin we learn that President deValerafs government has followed the Hitler example. It has proscribed the Irish Fascists, the Blue Shirt Organization of Duffy. NBC POST a most diamauic thing has happened in the newspaper world, — dramatic and stimulating. It concerns the New York Evening Post, the oldest daily newspaper in New York, and a live Philadelphia publisher. —X But let1s begin at the beginning. For some days, rumors have been floating around that the good old Evening Post was, in the language of Broadway, about to fold up, All the boys were out looking for jobs and those who hadn!t landed anywhere were dragging around from day to day, waiting for the heaoraan’s ax. In fact, on Tuesday evening these negotiations were to come to a climax. John C. Martin of Philadelphia, hr ad of the had made arrangements to licuidate and had on his desk a notice to be posted on the bulletin board the follov/ing day, announcing to the staff that it was all off. The general belief is that the other evening papers in New York were coming together to buy the good-will and associated joress franchise of the Post and close it up, thus eliminating its competition. kr^n these negotiations were about complete,on Tuesday, Curtiss-Martin newspapers, which included *he New Yorx Evening Post, 2 POST - 2 just as Mr. Martin was about to send out that notice, in stepped ©rvox another Philadelphia publl^h^r, J. David Stern, publisher and editor of the Philadelphia Record, also of the Camden, New Jersey, Courier^Post. fe». .Stern stepped-in Juet in the ni-ek of He bought the New ¥ork Brenfaftg Post from Mr. Martin on a memorandum thtt* details were to be completed later. Meanwhile, the news was kept ahMrricyw±ii: dark until yesterday, though the boys on the Post had an inkling that something was in the wind. So yesterday evening everybody hung around to the exceedingly unwonted hour of half past seven. At that moment, Mr. Stern came into the City room and maybe ■ • “ news and when the boys learned he didn’t get a cheer when he^--- - A that their jobs were safe, seven hundred of them! Newspaper men the country over will get quite a kick out of this and many people in Philadelphia and Camden, New Jersey, will nod their heads sagaciously and tell you: "He-s some newspaperman, that Dave Stern." Within a rrauratai* remarkably short time Mr. Stern has made the Philadelphia Record grow from an insignificant, almost moribund^ paper, to one of the most influential in the East. In the last election he was largely responsible for the overthrow of the Vare political machine. The same is true of his newspaper work in Camden J#. . A H l POST - 3 In that same election} for instance, he helped win the campaign for a municipal lighting and power plant, in the face of the opposition of the all-powerful public service corporation, I learn from Mr, Stern^s office that he will announce his policies on. Monday, which will be the first issue of 'the Mew York Evening Post under his editorship. Mot long ago, the Post, while still under the management of John c. Martin, went from ordinary newspaper size to tabloid form. The rumor among the printers Is that the paper will go back to what It was, an eight column paper; and long life to itI Harry Mason LINDBERGH Colonel and Mrs. Lindbergh, apparently, are on their way- north, coming home. They took off from Natal, in Brazil early this morning and by half past one they had landed at fcx Para, a distance of a thousand and ninety-four miles. JSa damage to the wing of the A big red monoplane was repaired at Natal, It is understood that they will return home by easy stages. NBC WEATHER Do you hear that rattling noise? Thatrs the sound of teeth gtej*:tgg±Kpqax±H chattering up in the North. People in Chicago and all neighboring points are stoking up the furnaces and getting ready for a real humdinger. Out in the middlevfest the thermometer has been s on the skids and already it is freezing. Up in Winnepeg, the mercury registered sixteen below, while at the Pas, where they used to have the dog derby races, the southern terminus of the Hudson Bay Railroad, it is fourteen below. Yesterday they had it thirty-four below, sixty—six degrees of frost at the Pas. NBC BLACK liYES Do you remember Russ Columbofs song: "You call It madness, bu^ I call it love"? A story from Chicago Felony Court seems to illustrate it. Once upon a time »more or less luminary i^Lthe pr 1 zef igh#^i ring was arraigned in that court on the charge of abducting an eighteen year old girl. Lhe young lady herself appeared In euLint ' but not for the purpose of accusing him. She begged the judge to let him go. What made her plea even stranger was that in hcr—faeo she sported 11 two lovely black eyes11. The black eyes had been presented to her by th£t^ex-prize fighting- gentj-iaaff. rne Court remonstrated with the young lady, saying: "How can you plead for a man v/ho^* treated you like that?" To which the pi pretty young girl replied in the words of another song: nHe1 s my man, 11Ts just his way and I love him". I am reminded of an old English proverb which runs: "A woman, a dog or a walnut tree, the more you beat them, the better /j v. t^r s PANG BQ RH I’ve heai^ a novel hind of story, the centra] figure °" W^1C^ ~v fl'et fine fellow end flying aoc, Clyde Panghcrn, world-flyer. Pang was driving a party of friends to Mew York in his car and someway or other he got off the main highway and was los* in one of the Mew Jersey side roads. Unlike most of the Jersey roads, there was nosignpost, nothing to tell the wanderers where they were. However, it was a starry night so Pang stepped out of the car and looked up, Then he drove a few miles until he came to the next interseetion. Again no signpost and again he stepped out of the car and looked up in the sky. After he had done this two or three times his friends asked, "What the deuce are you doing?" Pang who had flown around the world, replied: "I’m driving by the North Star". And, sure enough, that was the way he got safely back to New York. He was navigating his car just as he navigated his plane on the world flight. And now by the aid of the North Star I’m going going to try to find rny way to Boston and South Lancaster, Mass, and 30 LONG UNTIL TOMORROW,