{ title: 'The Nassau daily review. (Freeport, N.Y.) 1926-1937, October 23, 1933, Page 1, Image 1', download_links: [ { link: 'http://www.loc.gov/rss/ndnp/ndnp.xml', label: 'application/rss+xml', meta: 'News about NYS Historic Newspapers - RSS Feed', }, { link: '/lccn/sn95071428/1933-10-23/ed-1/seq-1/png/', label: 'image/png', meta: '', }, { link: '/lccn/sn95071428/1933-10-23/ed-1/seq-1.pdf', label: 'application/pdf', meta: '', }, { link: '/lccn/sn95071428/1933-10-23/ed-1/seq-1/ocr.xml', label: 'application/xml', meta: '', }, { link: '/lccn/sn95071428/1933-10-23/ed-1/seq-1/ocr.txt', label: 'text/plain', meta: '', }, ] }
Image provided by: Alene Scoblete, Rockville Centre Public Library; Tom Tryniski
Tool. _C\ }. ® Freeport, N. Y. MYL wuatmi FOR SALE OF GOLD PRESIDENT S AIM Roosevelt Defines New Policy As Vital Step In Recovery Program; Won't Revalue Unit Until Prices Rise WASHINGTON, Oct. 23-(P)-Firm of the dollar's gold value today vas added. by t Repsevelt to the government's multiple efforts to 'if commodity prices. The means of control was establish- ment of a government market for newly mined gold in the United States and the president's decision to buy or sell gold - \whenever necessary\ -in the world markets. Step In Definite Policy Mr. Roosevelt announced the step as a definite policy, \to 'establish and maintain continuous control,\. looking toward a managed currency, in a talk to the country last night. He pledged specifically to boost price levels and _ eventually revalue the dollar i A \Government credit will be 'main- tained,\ the president said, \and a sound eurrency will accompany a rise in the American commodity price level.\ Reviewing his administration's re- covery campaign, Mr. Roosevelt as- sured the people \we are on our way and we are headed in 'the right direc- tion.\ mes \When we have restored the price level\ said the president, \we shall seek to establish and maintain a dol- lar which will not change its purchas- Ing and debt paying power during the succeeding generation.\ « For the present, he sald, it was im- portant to tighten control over the sollar, Mr, Roosevelt added: To Establish Market © \As & further effective means to this end, I am to establish a government . lor gold in the United States. under the clearly defined authority of existing law, I am authorizing the Reconstruc- tion Finance corporation. to buy gold newly mined fn the United States at prices to be determined from time to time after consultation with the sec- retary of the treasury and the presi- dent. Whenever necessary to the end In view, we also buy or sell gold In the world market.\ Along with this monetary action, Mr, Roosevet discussed genetally the aims and achievements of the recovery drive, stressing the farm and NRA administrations as mounting columns in the new \edifice of recovery-the temple which, when completed, will no longer be a temple of money changers or beggers but rather a tom- ple ted to and maintained for a greater social justice, m greater wel- fare-for America-the habitation of-a sound economic life.\ He urged the faster expending of public works money and emphasized \two simple facts\ about banking- the billion dollar program for freeing! deposits froren in banks closed since January and the deposit guarantee be- coming effective next January, . - Mr, Roosevelt estimated that 4,000,- 000 people have been given employ- ment since March-\or sayin g it-an- other way, 40 per cent. of those seek- Ing work have found it.\ \That does not mean,\ he said, \that I am satisfied. We have a long vghnwznmmm-mfl seid to the MRA, the president \In the vast majority of cases, in the vast majority of localities-the NBA has been given support in us- stinted measure. We know that there are chisellers. At the bottom of every case of criticism and obstruction we have found some selfish interest, some private axe to grind.\ $ FELL LEADER DiEs OOM, ECUBON - SECRETARY. DEAD Hoover Cabinet Officer Suc- cumbs To Heart Disease At Virginia Residence WASHINGTON, Oct. 23-(P)-Wil- lam N. Doak, secretary of labor in the Hoover cabinet and labo¢ leader, died today at his home in nearby Virginia, Doak died of heart disease. He suffered a severe altack about two weeks ago. He was 51 years old. Born at Rural Retreat, in Wythe county, W, Va., he attended school at , Va., finishing a business col- re. % mas the first secretary. of Imhor born in the United States, Senator James J, Davis of Pennsylvania and Wiltism Wilson, his predecessors, both being bom in the British Isles: Starting out asa trainman he be- came interested in labor questions and became general chairman of the Brotherhood of Railroad Trainmen on the Norfolk and Western system, in which post he served from 1908 to 1916. From 1916 until he became secre- tary of labor about three years ago, he was the legislative representative here of the Brotherhood of Railroad Trainmen. Recently he has made his home at McLean, Va. ROOSEVELT APPROVES RETAIL STORES CODE May Go Into Effect By Early November WASHINGTON, Oct, 23-()-Pres- ident Roosevelt signedthe code for the retail stores Just before midnight last night, with an exemption to the little store keepers in towns of 2,500 or less. The act made it possible for the code to go into effect a week from today at the beginning of the new month. It forbids sales at less than invoice Evhis Corner - A. NINE INCREASE JN JOBS Seaford, SHOWN IN REPORT] NEW YORK, Oct. 23-(P)-Reports of payroll additions since August 1 in 408 communities in the 57 counties outside 'New York city have been made public by W. A. chairman of the president's emergen~ cy re-employment campaign commit- tee for the state, An average of one personin every fifteen over 14 years of age in the urban population has been put to work, the reports show. This average is one for everyfour families. The whole number of persons re- employed in 179 communities of 2~ $00 or more was 67,912. Their weekly wages aggregate $1,306,203, an aver- Age of $20.12. © 70,321' Put To Work In 266 other communities of 168 than 2,500, the number of persons put to work was 2409,at wages ag- gregating $39,490, the grand totals being 70,321 persons and $1,405,783.00 in wages. The urban population af- fected is 97 per cent. of the whole. The Long Island communities cov- ered by the reports include: Persons Weekly Community Farmingdale ... 1 Freeport .... 1,920 Freeport 1,920 Garden City 546 GlenCove ... 1,608 Rockville Centre 1,200 Babylon .... -- East Hampton , 840 Greenport .. 136: Huntington 218 Islip » Riverhead 1,300 Sag Harbor 15 Smithtown . -- UNIDENTIFIED SUICIDE IS BURIED AT ELMONT Centre Police Unable To Trace Man 'There is no ceremony at the town burial ground in Elmont-only mere routine. . Today that barren field holds the identity, probably forever, of the man who threw himself under the wheels of & Long Island train in Rockville Centre last uesday afternoon. « Since Tuesday night local and county authorities have «striven to A scene the explosion of a furnace flue in the three story avenue and Sunrise highway, RockvilleCentre, fireman affected. by this morning, is shown in the photo. Captain Harry Lawson of the FIRST-RANKHELD 1G0LO VALUE PHAN | BY RUSSIAN TALK Coming Parley Takes Spot- light At Capital; Ranked With Recovery Plan WABHINGTON, Oct. 23-(P)- Russian recognition has eclipsed disarmament, Cubs, British war debt discussions and preparations for the Pan-American conference as subjects of discussion in official Washington. It ranks with the domestic recovery plan as a major subject of conversa- tion, Prospective Russian trade !s -| viewed promising stimulation to the two days the body lay at Macken's mortuary, Rockville Cen- case, hoping thatthe dead man yet may be identified. cotton, pork products, copper and machinery businesses in this country. Electrical: and agricultural imple- Litvinoff's statement at the London economic conferencethat Soviet Rus- potential customer for $1,- worth of raw materials challenged the atten- erican factories short on farmerswithout a market. iri} SENDS STOOKS UP Roosevelt Control Statement Spurs 'Market To Violent Rise In Early Trading NEW YORK, Oct. 23- (P) -The stock market swept violently upward on a new wave of inflationary psy- chology 'in' the early Why, in response to President Roosevelt's announcement of the plan to control the gold vglue of the 'dollar: through a government gold tharket. Homestake Up 30 Gold stocks boomed, with Home- stake rising some 30 points to a price close to 330. U, 8. Smelting rose 7, and issues up 3 to 5 or so included Allied \ Chemical, Dome, Mcintyre, Case, U. 8. Industrial Alcohol, Nat- lona} Distillers, Johns Manville and Union Pacific. | American Telephone and U. 8. Steel rose about 2. After the first 20 minutes, many issues Te- ceded a point or so from the best prices of the rise, however, President - Roosevelt's - announce- ment of the new plan to control the value of the 'dollar was construed in Wall street as definitely inflation- ary, and. indicating « determination to prevent developments in Europe from affecting the value of the dollar and disturbing our price level. President Roosevelt also. reiterated the administration's determination restore <the price level, which re- vived bullish speculation in shares. The immediate response of the dol- lar in foreign exchange dealings was to lose part of its-recent gain, .The pound sterling jumped 8% éents to $4.60%, and the Prench franc moved up 12 of a cent to 5.63 cents, will! Nassau County, N. Y, MondahOctobeg-Zl 1933 lwfi-“MMM AT ROCKVILLE GENTRE l _ Giving Treatment To (Va‘mp cted by Coal Gas v i in us gi gi *~, Sie. s Hempstead Rescue squad is shown giving treatment to a Rockville Centre ~ President and Mrs. Frankli\ D. Roosevelt are \very pleasant and easy to feel at home with,\ according to Mr. and Mrs. Charles A. their son, Charles, Jr., of acted as hostess at a luncheon to the president and Mrs, Foosevelt and their entourage at her brother-in- law's home. They also bad a fur- mam!!!” for an intimate chat Assistant District Attorney Peter Stephen Beck of Roosevelt, son of A veteran blacksmith, was accorded the unanimous endorsement of the Build~ Ing Trades council of Nassau county for justice of the peee; it was made E ifl! Jack by- Morrisey,president of the South - Review Staff Photographer CHARLES STOWE HURT IN MISHAP Prominent Hempstead. Resi- dent, Town Committeeman, May Have Fracture Of Skull Charles U. Stowe, 68, prominent resident of Hempstead, was severely injured in an automobile mccident at the dangerous Jackson street and Mickevilie, Oontral Park BLAZE ALL SAVED FROM - GAS THAT TRAILS FLUE PIE BLIGT Seven Firemen Overcome And Are Rushed To Hospital; All But Former Chief McAvoy Are Released + Seven Rockville Centre fire« men, a janitor and a stationery atore proprietor were overcome by coal gas this morning when a furnace flue pipe blew up, rocking the three story stucco business block at Sunrise high- way and North Village avenue. Firemen overcome were: Chief Harry Lister, Former Chief Clifford McAvoy; First Deputy Chief Charles Dalton: James Doyle, Gregory Kunkel, Jerry Lamana - and \Turk\ Ferrari. Michael - Parmet, proprietor of Aronson's Stationery store at 39 North Village avenue and Dan Banks, 24 Banks avenue, negro, were rendered uncon- scious by the gas when they went into the cellar after the blast. To yee WEEE corm the South Nassaw Communities hos- will be released later inthe day, . No Serious Damage By Blast Despite the powerful blast there was no serious damage to the building. The breaking of the flue pipe caused the flames from the fire to lick the afte ers but this was extinguished with ©02 gasand, later withwater lines. Mr. Parmet said that he noticed coal gas in the building when he first h {$2}:
