L* I- 1 Ui'JOCO OIL BROADCAST - 4/15/33 Good Evening, Everybody: There's hopeful news today for the small home owners^ iTiroucrhout the u. S. A Ident Roosevelt sent another mess^e to Congress asking for legislation to ease the mortgage burdens that are pressing on the shoulders of us little fellows. He asks Congress to erect what will be called the Home Owners loan Corporation. The principal purpose of this corporation will be to help the small owner.^ necessary step in the program to promote economic recovery. n And he said further: "The broad interest of the nation requires that special safeguards be thrown around home k ownership as The ^resident characterized this as an,!urgently a guarantee of social and economic stability. Mr. Roosevelt also pointed out that the legislation he proposes follows the general lines of the farm mortgage refinancing bill, and he says. "The & terras are such as to impose * LEAD - 2 the least posuiold charge upon the National treasury consistent ttith the ouiect sought,11 And he also told Congress: TIThe resources to be made available through a bond issue to be pjaranteed^as_to_ interest only^bv the Treasury^ will, it is believed, be suificient to meet the needs of those to ’'^hom other methods of t) financing are unavailable. The Home Owners Loan Corporation which the President wants Congress to create is to tjf# a two billion dollar affair, is Congress^K±ii^i)E asked to organize a bond issue to that amount. These bonds will be riven to the holders of the mortgage in place of the mortgage. The corporation will then issue to the owner a new mortgage. In other words, the Home Loan Corporation take the mortgage off the oresent toltassi holder’s hands, giving him in exchange bonds and then giving the owner a new mortgage on an msrsvjex easier basis. The new mortgage will have a lower face value than the present mortgage. Furthermore, the home owner will have fifteen LLAD - A years in which to pay it off and the interest '//ill be only five per cent. The interest on the bonds will be four per cent, guaranteed by Uncle Sam. There1 s another clause in the lav/ which provides that in addition to easing the home owner1 s burden in this fashion the Home Loan Corporation may advance the home owner cash to pay his ^7 taxes and pay^whatever repairs are necessary. This applies only to homes worth iKxsxikxnxisn ten thousand dollars or less. Well, the passing of this bill will be great news for who millions of home owners, but one crowd of people^won^, like it will be thousand of loan sharks. There is probably no country- in the world where usury is practiced ail* such a large scale as in the c*ood old U. S. A. Every state in the Union has anti-usury laws, but in every state of the Union>these lav/s are freely and gleefully mx evaded by ^fraudulent device a-n \ HCOSEVIiLT President Poosevelt sustained his first setback at the hands of Congress xii today. It occurred in the Senate. The Senators put a clause into one of Mr. Roosevelt1 s pet measures, gl eiSetcuw , the farm relief bill, wtebed*. provid.®^ that Uncle Sam should a /f r guarantee the farmers cost of production. This Is a clause that the President did not want. It was put through by an alliance of Republicans and Democratic Independents. This happened soon after the House had passed by a tremendous majority the farm mortgage relief bill which was another measure the President narticularly v/anted. GERMANY ^Ihe German drama seems to be turning rapidly into broad J+/ICL comedy. i-he latest is that on May 10th there are going to be sixty-five gigantic bonfires in the Fatherland.j The scenes of these bonfires will be the quadrangles of the Universities and other institutions of learning, such, for instance, as Jena, Heidelberg, and Bonn. Bonn sounds like a good, town to have a bonfire in. The tenders of these fires will be students in the o Universities and other institutions of learning, and the fuel;wblA This is the latest Nazi idea. The plan was announced today by the German students Association, The Nazi organization in the schools and universities. They are going to burn all books that are Mun-Deutschr — kngermanx un-German. In this list will be included all books containing any reference to Communism, that is, any reference v/hich is not hostile. Also all Jewish books, all books that are. considered seditious, any works on Socialism, or any other creed that even smells of the name of Marx. Among the proscribed authors are Erich Maria GERMANY Remaroue, author of All Quiet on the Western Front, Emil Ludwig, in iact, sii every^author whose books are considered in the least degree intelligent. By no means all these proscribed authors are Jews. Even the gentiles whose works are considered Un-German by the Students A xxhkso : Association will be burned. pronunciamento demanding that all Jewish books, in fact, all books written by Jews, shall be printed in future in Hebrew. The use of the German language shall be prohibited to Jewish writers. Now in case you think that is funny enough, hold your horses. There*s more to come. The hundred thousand members of the German Students Association have engaged to purge their own libraries o± all proscribed books. But they won't stop at that. They're going to Thomas Mann, ^einr&ich Mann, Jacob The Student Association have also issued a visit the homes of all their friends and take from them all such books as they consider Un-German. As the poet Heinrich Heine was partly Jew, I take it \ -&~7 J>^SL that all oi his woras will also be consigned to the jolly old bonfires^ ITd like to have the exclusive moving picture rights to this spectacle when it comes off. STEV.AfiT Ine young- British officer of the famous Seaforth Highlanders Vviio v.as convicted of selling his country’s military secrets, was sentenced today to five years imprisonment. And, of course, he was also summarily cashiered from the army. This young Lieutenant of the Seaf orth. Highlanders 1 <$ l has been imprisoned in the Tower far several months, almost the first prisoner to be confined in the Tower since fag£cn» the war. ^e will serve his sentence in a common .jail and with hard labor. It came out at the trial that this twenty-four year old officer had become entangled with a fair German siren. The sum he got for selling his country oofc was fifty pounds, barely two hundred dollars. RUSSIA Moi>e dramatic developments came out today in Moscow . at the trial of those six Britishers and twelve Russians on charges oi spy in-' and sabotage. The first sensation occurred when \villicm McDonald, the Britisher who yesterday pleaded suilty and coniessed, repudiated his confession. But on the cross examination he was obliged to admit one by one that most of the points he had owned up to in his confession were true. Sat *fhen the prosecution sprang another confession. This was signed by William Thornton, one of the five Englishmen who had pleaded ijj^t ruilty. - The redly dramatic part of this sensation was that it alleged that the British Secret Service has been doing a lot of extensive and systematic spying in Soviet Russia. It listed twenty-seven Englishmen as spies, and it state* further that all this spying was under the command of a high official of JJncdslx a big British. Electrical Engineering Company. Thornton, the man who signed this confession, was out on the stand. There he admitted that he wrote it, but promptly RUSSIA - £ — — declared that it vras ^ot^ true, that fie hat — tw e had written It under coersion. This substantiates one of the points that the British Government has been maintaining all along, that its arrested nationals have been subjected to wnat amounts mix practically lo to torture. In other wordsj do the third degree, as x frequently used by A iulu io«i» police, in many ei"tle». he had done his spying at the order of Thornton. This was vehemetly McDonald, the man another feature of tne trial was that who pleaded guilty and confessed yesterday, declared that denied by Thornton. • FROGS A party oi interesting visitors reached tiew ^ork today having taveled xx all the way from California by airplane. i'hey«^ on their way to -Ltaly by express command of Premier Mussolini. This party of visitors consists of large, fat. husky frogs. They were brought fyoni Lakeside, California, by plane, and shipped today on a Belgian steamer which will take them to Antwerp. At.Antwerp they will take another airplane trip to Northern Italy. The frogs; including the expenses of shipment, will cost the i-talian government fifteen hundred dollars, The Luce is importing th<f S sksfgsj in order to improve the breed of fr \ in Italy which are said to be scrawny and tough. and not as pleasant to eat as those we have over here, f ET -TT ^ PEW An interesting meeting was held, in Philadelphia last night. ho less than two thousand shippers, merchants a.nd trucleers were present at the Elks Hotel. The purpose was to protest against striker legislation which is being aimed at the trucking interests in several legislatures and particularly the legislature of Pennsylvania. The principal speakers were Councilman Aelly of Philadelphia, and J. Howard Pew, President of the Pun Oil Company. The main burden of the argument was carried by Mr. Pew, who pointed out to the audience that this is not merely a Pennsylvania fight. "The whole railroad interest of the country", declared Mr. Pew,"is in this crusade to seize the highways. In all legislatures this winter similar measures have been introduced everywhere urged by a powerful railroad lobby." Incidentally, % legislation it should be explained the t ii the^iKgxxiatitEjH now pending at Katx Harrisburg is put through by the Pennsylvania ^ would mean barring all independent carriers from the Pennsylvania highways. Mr * ^ew pointed out fur trier that as he put it, aiifin state after state these measures have been substantially identical. And this, he added, is not mere coincidence. He said further that nif the railroads get the regulation they are demanding, everybody will be regulated out of every phase of the transportation business. nThe railroads”, said Mr. Pew, ”are trying to grab the highways for themselves. What they are after is a monopoly on trucking rights on the roads, a monopoly which will enable them to impose extortionate freight rates.” Mr. Pew also pointed out that tens of thousands of people have invested tens of millions of dollars in trucks to carry traffic. BASEBALL ihe weatherman was kind today and the Hjaxipjsnsd A crf**"^9- ~t*dL P& lc * postponemfirTiTs*^of the baseball season wui'C" liel-fr in three cities A A At the -‘-ankee i^xaHaiia: Stadium Babe Ruth and his playmates entertained the Boston Red Sox. At Baker Bowl in Philadelphia the Phillies gave a party for the Brooklyn Dodgers. In Cincinnati the Reds welcomed the Pittsburgh Pirates, The big ball sensation of the day was witnessed at the Yankee stadium. Lou Gehrig, the Crown Prince of Swat, the husky first baseman, lammed out a homer the very first time he went to bat in this game, in this season^ in this year. And that-fcs* corae^ pretty near constituting a record. It was ideal baseball weather, though . A-' A in some of the cities they say you needed your oveicoat ii you were sitting in the bleachers. Ml _ Cll.Ll J-, r ~ z e: s. x ura-DG. «. ’xjry in -v*v: York todaT Yoead a sseonl inilet-nant Eaainst Charles I. Mitchell, the retired ch&lra&n of tne ji a 11 casl C z % y r-a rxt. ter s r a. 1 we ek s a r o M r . M1 toh e 11 wa s in d i c t e-d for bavins: evaded Ms income tax in l?iS. The second indietisent hEndec. ut today charged one lationE.1 City isnker with having also ’* 9 - ducked a raynert of seve-E himdred fifty—n,ine thonsEoni dollars^ in, - A* 19c D- The Grand Jury charges that he aid this throurh a :fraufimlent transECticn, a fraudulent sale of stock. OPERATION A somewhat curious case is occupying the attention of the i^ev: Yor-c courts. it concerns an operation on a two year old girl, ibis infanthe daughter of Italian parents, suffers from a tumor on her left eye. The Doctor said it was necessary to perform an operation and if it were not performed, the child would eventually die. The little " irl* s parents objected. Said they would have no operation on the young daughterf s eye. 3£ e £ The case was brought to the attention of the Children1s court which ordered to the oneration sbkp * be performed. Thereupon the parents barricaded A themselves inside their house and threatened to pour boiling water on the officers of the court or anybody else who tried to bring medical attention to the little girl. The case is now being brought before the Appellate Division of the Supreme Court, and is almost unique in legal history. BEER Something more than the stuff that comes in seidels is brewing m several parts of the U.S.A. A big fight is beginning, a fight^»±=fek^the hoodlums, legitimate distributors and the police on the other. In fact the fight in some places is already on. The racketeers are determined not to give up the fat money they have been making all these years out of the illegal distribution of the stuff. They are making determined efforts to muscle in on the newly legalized trade. Shootings are reported from Chicago. Sinister incidents arc happening between A- \ politicians, some officials and The Employers Association of Chicago, which has been making a determined fight to rid the city of the racketeers, issued a statement,"The hoodlum bosses of the racketeers will now go into action in the new field of legitimate beer, prepared for the battle of their lives." From Milwaukee comes the news that beer shipments out of the Wisconsin City are being closely guarded by the police. Trucks iZ&j. travelSSTout of Milwaukee in convoys^d extra guards^ssa- while extra railroad detectives are patrolling the yards and tracks leading into the breweries. FAKTHKbT NORTH GOLF From the Information Bureau of the Canadian Government in Ottawa, I have just learned that the world's farthest north golf links is located away up at Chesterfield Inlet, in latitude 67, on the north shore of Hudson Bay. You might call it the most exclusive golf club too, because there are just four members, a Roman Catholic missionary, two Fur traders, and a Church of England missionary. The fairways are covered with tundra moss. The greens are not green. They are made of beach-sand patted down by hand. The caddies are four Eskimo boys. And, the life membership fee is ten polar bear teeth. Well, I hear my Eskimo colleague, Jimmy "I-suk-a-muckluk" Wallington shouting "fore", so I guess I <1 better get out of his way and let him come through, _so_ as they say in Eskimo land;- ',Chimo,! - and solong until tomorrow* Jimmy Wallington:- "You have just heard Lowell Thomas, otherwise known as Nanook of The North, Sunoco’s Voice of the air, etc.