NATIONAL RECOVERY.

Ashburton Guardian, Volume 53, Issue 272, 29 August 1933, Page 6

NATIONAL RECOVERY.

INTERIM CREDIT ARRANGED. MR ROOSEVELT’S ACTION.t . /United" Press Association—Copyright). (Received This Day, 10.30 a.m.) NEW YORK, August 28. A message from Hyde Park states that President Roosevelt to-day directed the Reconstruction Finance Corporation to establish a medium for quick and temporary credit. to members of firms of the National Recovery Association, to span them over the period between increased overhead charges and late returns.

HIGHER RATES FOR LIQUOR. BOOTLEGERS APPROVE. NEW YORK, August 9. The patriotic bootleggers of the United States have placed themselves squarely behind President Roosevelt arid his plan to inflate prices. In New York rye whisky prices were raised from 16 dollars to 20 dollars a case this week and real Scotch is expected to go so high that only the rich will be able to afford it. Night clubs charge one dollar a drink. Am&nca’s test liquor story concerns the dismissal of three leading officials, including the chaplain, of Leavenworth Gaol for notable favouritism to the most distinguished prisoner. Teryr Druggan, a Chicago gangster, who was frequently named ariiong America’s No. 1 enemies and is serving two years for failure to pay 300,000 dollars income tax, was allowed to conduct his liquor business just as if lie were not in prison at all. It is true that, for niony months, Druggan slept in the gaol, but that was the only terror prison had for him. He was able each morning,to walk down town, visit his sweetheart Bernice van Houlton, and run his beer business by long-distance telephone from the girl’s apartment. He had all his meals outside the prison.