anaheim-gazette 1932-03-31
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Congressional Committee Hears Pleas To Restore Silver On Former Rating
Chinese-Japanese Difficulties Believed to Center Largely On Fact That Depreciating Silver Promoted Gold Hoarding; Effect of Gold Standard Studied by Committee
By CALEB JOHNSON
The restoration of silver to its former position in the world's currency system would put an end to a great many of the world's present economic troubles, according to many experts on the subject who have been heard by the congressional sub-committee which is considering a resolution to call an international conference on silver.
Whether such a conference will be called or not is as yet uncertain, but more talk about silver as money has been going on in Washington in the past two or three weeks than has been heard there since the days, now nearly 40 years ago, when "Silver Dick" Bland fulminated about the "Crime of '73," and the Populists led the unsuccessful fight for the principle which later became William J. Bryan's chief plank in his presidential campaigns of 1896 and 1900, "the free and unlimited coinage of silver at the ratio of 16 ounces of silver to one ounce of gold."
There is now no talk of "sixteen to one" nor any attempt to fix a given ratio between the two metals. But there is a growing understanding that more than half of the people of the world, the inhabitants of India and China, cannot use gold as money without great difficulty and that unless silver is restored to use as money in those and some other countries there can be no important revival of international trade to and from those nations.
Silver Plays Big Part
Chinese merchants, Indian manufacturers, French, German and American experts on metals and foreign exchange have been telling their stories to the sub-committee of the house committee on coinage, weights and measures of which Representative Andrew L. Somers of Brooklyn is chairman. K. C. Li, president of the Wah Chang Trading corporation and a governor of the New York Metal Exchange, told the commissioner in purchasing power of the nations in which common people use only silver in trade, and whose buying power has been reduced by the fall of 58 cents an ounce from 1900 to 1914, to the present price of about 30 or 31 cents.
The Hon. Winston Spencer Churchill, who was chancellor of the exchequer of Great Britain when the gold standard was established for India, was so convinced by arguments brought out before the congressional sub-committee that he stated: before sailing for England a few days ago, that he would immediately take steps to induce his country to take part in the proposed international conference on silver.
While the United States has stood alone in maintaining the silver content of its fractional currency, no one nation today can control the economic relations of the whole world. There is every reason why this country should take part with the other nations in a conference on silver, especially as the United States is the largest producer of that metal. And the "silver question" of 1932 is not a political question, as it was in 1896.
Blame Speed for Rural Accidents
More People Killed On Country
Proclaiming Apocalypse called on all cities California to observe state-wide display and the conduct having for their esteem and admiration States army.
Military ceremonies demonstrations were predispositions of San Diego, Mather, Marry at Sacramento, Diego, respective Arthur, San Pedro San Diego, to wilted. At many houses will be held opportunity give to look over a tand secure first how their army.
"Thar's War In Them"
Heaviest Snow Benefit For Survive
That white blight comfortably arrives shoulders of Californians is "white snow." It was so charming the state division in its latest spring blanket, which is less than the average years, will justifiably name when Old Annual summer sparkling-clear water to the lowlands in stream for humanization.
Supervising Hylowe M. Stafford, part: "The great..."
Silver Plays Big Part
Chinese merchants, Indian manufacturers, French, German and American experts on metals and foreign exchange have been telling their stories to the sub-committee of the house committee on coinage, weights and measures of which Representative Andrew L. Somers of Brooklyn is chairman. K. C. Li, president of the Wah Chang Trading corporation and a governor of the New York Metal exchange, told the committee that the present depression is due either to the short supply of gold or the mal-distribution of gold, or the practice of hoarding gold. And in the Orient, he said, hoarding was the principal trouble. The low price of silver had frightened people away from that metal, and if the coinage of silver were resumed, so that the white metal could perform a part of the service which gold alone now performs, hoarded gold would be released all through the Far East and in many other parts of the world. It is not a question of bimetallism. Mr. Li said; silver could be used in the form of a reserve against currency or as token money, so long as its former market value was restored.
"In the last few months," said Mr. Li, "there has been a gradual awakening to the fact that silver, after all, plays a big part in the monetary systems of the world."
S. R. Bomanji, a cotton manufacturer of Bombay, pointed out that the United States could make money by accumulating a stock of silver at its present low price and later selling it to other nations which will need more silver in order to restore their debased subsidiary coinage. Something like that was done in 1918, when the Indian government purchased from the United States government 200,000 ounces of silver at $1 an ounce.
Rene Leon, regarded as one of the foremost authorities on silver, declared that the fall of silver, in 1926 when the Royal Commission on Indian Currency and Finance undertook to put the monetary system of India on a gold-bullion basis. This made it necessary for India to obtain gold, which it could get only by selling its silver.
India's Predicament
"All those possessed of silver, either as money or savings," says the sub-committee's statement, "or In other words, one-half the population of the world, were put on notice that their money and savings were about to be destroyed."
Chinese and Indian capitalists immediately began to protect their capital by buying gold or gold exchanges and holding the gold in reserve, but the ordinary inhabitant of those countries never accumulates enough to make gold investments. The savings of the conference on silver, especially as the United States is the largest producer of that metal. And the "silver question" of 1932 is not a political question, as it was in 1896.
Blame Speed for Rural Accidents
More People Killed On Country Roads Than In City, State Survey Reveals
Five months after the state legislature last year announced publicly that it contemplated the removal of speed limits, thus encouraging motorists to "step on it," especially in rural districts, the death total on rural roads jumped from 65 in March, to 160 in August. City traffic at the same time showed a decrease.
This is definite proof, in the opinion of the California highway patrol report, that excessive speed is to blame for a great share of fatal accidents. The report covers a study of 35,013 accidents.
The report points out: "Numerically, the most serious group of accidents are those occurring on rural highways. Out of 4,786 such accidents, 836 or over 15 per cent, were fatal. This type of accident is responsible for more persons being killed in a single wreck than in any of the other groups. Many of the most serious of such wrecks occur on the long, straight stretches of wide-open paved highway where cars can be accelerated to high speed."
Orange county's deaths from accident last year totaled 78, with 51 meeting death on rural roads, and 27 being killed in cities. State records show 1300 fatalities in rural sections out of 2,591 killed. Intersection accidents were most frequent, totalling 19,376 or 55 per cent of the whole, but with only 4 per cent fatal.
Romana Pageant To Be Held April 23
Three Week-Ends for Gigantic Non-Profit Community Production
Saturday, April 23, definitely is set as the opening date for the tenth annual Ramona Pageant, to be staged in the picturesque Ramona bowl on the outskirts of Hemet, according to an announcement just made by Edward Poorman, president-manager.
The spectacular play will be repeated when town boys work it is a little harder they go in for a sized scale it is these reasons the Borgelt brothers operations in Kinis as is one of the sons. And it only club work will do boys that it does the town boys are.
The 4-H club boys, whose name Earl, and the end parents are great boys being where Leading up to this nation of their club of interesting father is a country a number of years Belmont, and it lived there that interested in 4-H care.
And the boys can stacles. First they made an arrangement near town to supp commodations their projects. Again, they lent to look after But they were not be easily discourced kind of boys who est when the scout Harold was very livestock and probe bees and kept
"All those possessed of silver, either as money or savings," says the subcommittee's statement, "or in other words, one-half the population of the world, were put on notice that their money and savings were about to be destroyed."
Chinese and Indian capitalists immediately began to protect their capital by buying gold or gold exchanges and holding the gold in reserve, but the ordinary inhabitant of those countries never accumulates enough to make gold investments. The savings of the people of India are almost entirely in the form of precious metals and, owing to custom and tradition as well as to the lowly status of the average individual, silver is their principal hoard. The average Hindu has little or no banking facilities. So he has continued to take depreciated silver and has faced a steadily lowering individual purchasing power.
There is strong ground for the conclusion that the Nationalist movement in India, a revolt against British rule, is in large part due to this depreciation of silver and the corresponding reduction of the already low economic status of the average Hindu; while it has been stated in the hearings at Washington that the depressed China exchanges arising from this same cause, the cheapening of silver because of the cessation of its use as money on equal terms with gold, has had a serious effect upon the economic life of Japan, the principal nation with which China trades, and that, therefore, the threatened war between Japan and China may be said to have its roots in silver.
The device of turning public attention from domestic troubles by starting a foreign war is an ancient one which has been resorted to many times in history.
Another complication in the silver situation is that several nations have debased their fractional currency; that is, they have cut down the proportion of silver to base metals in their minor coins. And this has had the effect, in Mexico and elsewhere, of further stimulating the hoarding of gold.
All of this has had an important effect upon international trade, and the United States has suffered along with the rest of the world, from the decline
Three Week-Ends for Gigantic Non-Profit Community Production
Saturday, April 23, definitely is set as the opening date for the tenth annual Ramona Pageant, to be staged in the picturesque Ramona bowl on the outskirts of Hemet, according to an announcement just made by Edward Poorman, president-manager.
The spectacular play will be repeated on Sunday, April 24, and on April 30 and May 1, and May 7 and 8, each performance starting at 2:45 o'clock in the afternoon. The option of three week-ends is given tourists, travelers and early Olympic games visitors to witness the outdoor extravaganza, which draws visitors from all parts of the world.
Canyon Walls Scenery
While the production, a community non-profit enterprise dedicated to the preservation of Southern California romance and tradition, is a dramatization of Helen Hunt Jackson's famed novel, "Ramona," it assumes spectacular proportions through elaborate flesta scenes.
No artificial properties of any kind are employed, the action centering about a replica of the old Camulos ranch haçienda fronted by a permanent patio garden viewed across a babbling brook. The surrounding canyon walls provide the settings for the episodes in the play.
Erosion Modifies Face of Earth Most of All
Erosion has modified the surface of the earth more than the combined activities of volcanoes, earthquakes, tidal waves, tornadoes, and all the excavations of mankind since the beginning of history, says the United States department of agriculture. The fact that it proceeds slowly, usually taking a thin layer at a time, does not in the least alter the impoverishing effects of erosion, speeded up by man and operating through long periods of time.
Harold was very livestock stock and probee and kept that he was named four different years was awarded a frie Fe to the Nationals in Chicago. The other recognitions Earl had an earl and mastered the dairy calves in such he was named courier. He also had and perfected his won coveted prize his canned production of land door time to do house not have to for him home for the boy gelt also who drank to his store.
Where did they Father Borgelt have of his people for bought his present bought the farm farming it two years they have met Wheat, of course but they are intricate and other crops wifying and getting will keep down we soil. Their 60 acres grown last year yielded 29 bushels their own variety.
They use five hives and a tractor for are kept in milk after a good flock of pigeons start in living many other ways they get knowledge they gain and gained while they have been fooling ing.
Rolph Proclaims Apr. 6 California’s Army Day
Proclaiming April 6, 1932 Army day, Governor James Rolph Jr., recently called on all citizens of the state of California to observe the day with a state-wide display of the national flag, and the conduct of patriotic exercises having for their aim an expression of esteem and admiration for the United States army.
Military ceremonies, exhibitions and demonstrations will be held at the presidios of San Francisco and Monterey, Mather, March and Rockwell fields at Sacramento, Riverside and San Diego, respectively, and at Fort MacArthur, San Pedro, and Fort Rosecrans, San Diego, to which the public is invited. At many of the posts “open house” will be held by the army and an opportunity given to those attending to look over a typical army barracks, and secure first hand information as to how their army lives.
“Thar’s White Gold In Them Thar Hills”
Heaviest Snow In Years Will Benefit Farmer, State Survey Shows
That white blanket which snuggles comfortably around the raw-edged shoulders of California’s High Sierra really is “white gold.”
It was so characterized by officials of the state division of water resources in its latest spring report. This white blanket, which is greater in some places than the average over a period of 33 years, will justify the “white gold” name when Old Sol’s rays begin their annual summer invasion, sending sparkling-clear water on its long trek to the lowlands in a steady life-giving stream for humans, animals and vegetation.
Supervising Hydraulic Engineer Harlow M. Stafford, in his report, said, in part: “The greatest depth of snow
California Plans Gigantic Display
Special Building at Chicago’s World Fair Wanted for State’s Exhibition
Machinery was set in motion at Sacramento this week for the installation of a colorful exhibit, graphically depicting California's vast industrial and agricultural products, as well as the natural and undeveloped resources, in the Century of Progress International Exposition at Chicago next year.
This was announced by Theodore Hardee, San Francisco, managing director of the California World's Fair Centennial Celebration commission.
Hardee said that every California city and county as well as industrial organizations, chambers of commerce and civic organizations, would be urged to enter exhibits in conjunction with the state display.
"We want the state's exhibit to be 100 percent representative of the entire state and the high tradition established in previous displays must be maintained," he said.
Hardee will leave late this week for Chicago to confer with officials of the Century of Progress International Exposition, and arrange for the allocation of adequate exhibit space for the state's display.
Headed by C. C. Moore, San Francisco, who served as president of the 1915 Panama Pacific International Exposition in San Francisco, a committee of five was recently appointed by Governor James Rolph Jr., to arrange for California's participation. Other commissioners are Fred Kiesel, Sacramento banker; A. B. Miller, Fontana, president of the state fair board; Adolfo Camarillo, of Camarillo; and G. Aubrey Davidson, San Diego. The commission was created by the last legislature.
Elect Warren Bradford For Placentia School
Young Artist Winning Praises for His Poster
The whole world is coming to Los Angeles to see the tenth Olympiad, in the opinion of 12-year-old Herbert Azsup of the George Washington school who last week put his thoughts down on a poster which has been winning much favorable comment. Young Azsup portrays his thoughts in colors with nations coming to the Olympiad on the sun's rays.
AIRPLANE TRANSPORTS FISH
An airplane was used on the Inyo National forest to transport small fish from State hatcheries to new homes in the streams of the High Sierra.
NOTICE INVITING SEALED PROPOSALS FOR PRINTING AND ADVERTISING
Notice is hereby given that sealed proposals will be received by the City Council of the City of Anaheim at the office of the City Clerk of said City, up to 8 o'clock p.m. of Tuesday, the 26th day of April, 1932, for furnishing of all printing and advertising for the City of Anaheim for the year commencement June 1, 1932 and ending May 31, 1933. All of said printing and publishing shall be done in conformity to the specifications therefor, which said specifications are marked and designated "Specifications for printing and advertising for the City of Anaheim, Series of 1932," on file in the office of the City Clerk.
Such proposals will be received as follows:
First: For all advertising to be done by said City required by law to be published in a daily newspaper, published within said City.
Second: For all advertising not required by law to be printed in a daily newspaper.
Third: For all advertising not required by law to be printed in a daily newspaper, but required by law to be printed each issue for a definite period of time.
Bidders shall state in their proposals whether or not such proposal is based upon an estimate for publication of
It was so characterized by officials of the state division of water resources in its latest spring report. This white blanket, which is greater in some places than the average over a period of 33 years, will justify the "white gold" name when Old Sol's rays begin their annual summer invasion, sending sparkling-clear water on its long trek to the lowlands in a steady life-giving stream for humans, animals and vegetation.
Supervising Hydraulic Engineer Harlowe M. Stafford, in his report, said, in part: "The greatest depth of snow for any course in the state was reported for the Bucks lake vicinity in the Feather river basin, with 158 inches on February 1.
"Three course surveys in the Yuba basin indicate an average water content of 116 percent of the season's normal. Depth of snow on March 1 at Donner summit was 110 inches, or 12 percent above a 33-year average of 98 inches for this date."
When town boys go in for 4-H club work it is a little unusual. And when they go in for farming on a man's sized scale it is more unusual. For these reasons the story of the two Borgelt brothers and the farming operations in Kingman county, Kansas, is one of the good ones of the season. And it only goes to show that club work will do the same for town boys that it does for country boys if the town boys are as serious.
The 4-H club projects of the two boys, whose names are Harold and Earl, and the encouragement of their parents are greatly responsible for the boys being where they are today. Leading up to this successful culmination of their club work are a number of interesting incidents. First, their father is a country town merchant. For a number of years he ran a store in Belmont, and it was while the family lived there that the boys became interested in 4-H club work.
And the boys carried on against obstacles. First they had no land, so they made an arrangement with a farmer near town to supply them with the accommodations they required to ruthir projects. Again, this made it inconvenient to look after their enterprises. But they were not the kind of boys to be easily discouraged. They are the kind of boys who probably fight hardest when the score is against them.
Harold was very much interested in livestock and produced such fine baby bees and kept such good records
Elect Warren Bradford For Placentia School
Warren Bradford, son of the founder of Placentia and a member of Bradford Brothers packing house, and LeRoy Lyon were elected trustees of the Placentia union grammar school at last Friday's election. Lyon, president of the board up for re-election, received 329 votes and Bradford 281. Dan Henry, who entered from the Richfield district when Mrs. Hazel Francis didn't choose to run for re-election, received 224 votes.
Two young women led the 56 candidates who passed the Oklahoma state bar examination at a recent test.
666 LIQUID—TABLETS—SALVE
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Superfluous Hair
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MRS. F. A. SCOTT
Electric Needle Specialist
30 Years Experience
Phone TUcker 6058
710 Loew's State Bldg., 7-Broadway Los Angeles, Calif.
Dr. J. C. Woodward
PHYSICIAN - SURGEON
Specializing in DISEASES OF WOMEN
Phone TUcker 1858
Room 408 Judson-Rives Building
424 S. Broadway Los Angeles
Zoy Delamater
SPIRITUAL AND DIVINE HEALER
By Appointment
Message & Healing Circles Wed 7:30
Private 6 to 9 P.M. Except Monday and Fridays
Heallings 10:30 A.M. to 9 P.M.
Phone 615-265
724 Pacific Ave., Long Beach, Calif.
First: For all advertising to be done by said City required by law to be published in a daily newspaper, published within said City.
Second: For all advertising not required by law to be printed in a daily newspaper, but required by law to be printed each issue for a definite period of time.
Bidders shall state in their proposals whether or not such proposal is based upon an estimate for publication of advertising in a daily or weekly newspaper, and shall designate therein the name and address of such newspaper.
Fourth: For job printing required by the City of Anaheim, according to said specifications and according to forms and specimens on file in the office of the City Manager of said City.
Should the job printing required for any item exceed the estimate therein set forth, the compensation for such job printing in excess of said estimate shall be at the same rate as that mentioned in the proposal for such item.
Fifth: Separate proposals will also be received for printing placard notices of street or public improvement required by law and also for printing such notices in connection with publishing notices and resolutions concerning the particular improvement described in such notices.
Each proposal must be accompanied by a certified or cashier's check drawn on a bank within the State of California, in a sum not less than $50.00, payable to the City of Anaheim, the same to become the property of the City of Anaheim, if, within ten days after the award of the contract to him, the successful hidden shall fail to enter into a written agreement with said City to furnish said printing and advertising in conformity to said encifications.
The City Council reserves the right to reject any and all proposals or any part of any proposal, and may accept proposals separately for advertising required by law to be published in daily newspapers, for advertising not required by law to be printed in a daily newspaper but required by law to be printed each issue for a definite period of time, and may accept proposals for City job printing independently from said City advertising, or as a part of the same proposal.
By order of the City Council of the City of Anaheim.
Dated this 23rd day of March, 1932.
EDWARD B. MERRITT.
City Clerk of the City of Anaheim.
3-24-21
And the boys carried on against obstacles. First they had no land, so they made an arrangement with a farmer near town to supply them with the accommodations they required for their projects. Again, this made it inconvenient to look after their enterprises. But they were not the kind of boys to be easily discouraged. They are the kind of boys who probably fight hardest when the score is against them.
Harold was very much interested in livestock and produced such fine baby beeves and kept such good records that he was named county champion four different years. As a climax he was awarded a free trip by the Sante Fe to the National 4-H Club Congress in Chicago. The boy received many other recognitions for his good work.
Earl had an early bent for dairying and mastered the art of developing dairy calves in such a fine manner that he was named county champion in this line. He also had a liking for cooking and perfected his technique until he won coveted prizes in baking and on his canned products. But farming a section of land does not give Earl much time to do house work, and he does not have to for his mother runs the home for the boys, and for Mr. Borgelt also who drives back and forth to his store.
Where did they get the farm? Well, Father Borgelt has the ancestral love of his people for land, so when he bought his present store he soon after bought the farm. The boys have been farming it two years, and for beginners they have made a fine showing. Wheat, of course is their main crop, but they are introducing sweet clover and other crops with a view of diversifying and getting a rotation which will keep down weeds and improve the soil. Their 60 acres of Turkey wheat grown last year as an experiment yielded 29 bushels, or nine better than their own variety.
They use five horses for light work and a tractor for the heavy. Six cows are kept in milk and with 14 sows and a good flock of poultry they have a nice start in livestock. In this and many other ways they are applying the knowledge they gained in club work, and gained while they might otherwise have been fooling around doing nothing.
Artist Winning Prize for His Poster
world is coming to Los
the tenth Olympiad, in
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George Washington
first week put his thoughts
master which has been winfavorable comment. Young
his thoughts in colors,
coming to the Olympiad on
TRANSPORTS FISH
was used on the Inyo
to transport small fish
tetheries to new homes in
of the High Sierra.
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Sherwood Anderson Lectures at U.S.C.
Will Address English Fraternity April 5 on "Journalism and the Young Writer"
For the first time in three years Sherwood Anderson is appearing on the lecture platform, and on Tuesday evening, April 5, he will be presented by Epsilon Phi, national English honorary fraternity, in Bovard Auditorium, University of Southern California, 35th and University Avenue, Los Angeles.
Author of some fifteen books, Mr. Anderson has since 1927 been publishing simultaneously two newspapers, one Republican and one Democratic, in Marion, Smyth County, Virginia. He lives directly above "the shop" because he enjoys going to the press at all hours of the night.
"Compared to Tolstoy, Dostoevsky, and Turgenev, and classed with Mark Twain and Walt Whitman, in his books Sherwood Anderson keeps close to life and mirrors its depths as well as its less-frequented surfaces," states Irma Leamon, president of Epsilon Phi at Southern California. Books by Mr. Anderson include "Poor White," "Many Marriages," "Horses and Men," "Tar," and "Hellow Towns."
Can the journalist be an author also? Sherwood Anderson, journalist and author, who won the Dial award in 1921 as the most original and most promising American writer, will answer this question in his lecture on "Journalism and The Young Writer," on April 5. He will be introduced by President R. B. von KleinSmid of U.S.C.
First Senator—Is the new Senator Whozia regular?
Second Senator—Is he regular! Say he agrees with nobody!
Bank's Business Review Optimistic
State's Real Estate, Retail Trade, Employment Claimed "Looking Up"
The March issue of the Bank of America Business Review is just off the press.
In addition to articles on California dairying, the sardine industry and the tuna industry, the Review analyzes statewide conditions, presenting facts and figures that indicate the general trend is upward.
Building and real estate in February witnessed a marked increase in building activity, the 21 California cities reporting the largest amounts of building permits reflected an average gain of 39.1 percent over January.
Employment: Labor conditions showed a definite improvement during the month of February. For the first time in six months, both pay rolls and average weekly earnings show an increase over preceding month.
Retail Trade: February showed a decided improvement in department store and similar sales. California's record compares favorably with the remainder of the country.
Bank Debts: The 14 largest cities showed a 16.1 percent decrease over those of January but the decreased commodity prices account for most of the decrease.
ANTS KILL YOUNG QUAIL
Predatory ants are blamed for the destruction of young quail, according to a report from the Tahoe National Forests. Ants sometimes attack the quail chicks immediately after they are hatched and consume them completely, even polishing the bones.
WESTINGHOUSE RADIO - $37.50 and up
FEARN Easy Parking Phone 3111
273 E. Center St., Anaheim
VOTE FOR
EDWARD B. MERRITT
(Incumbent)
For
City Clerk
ELECTION MONDAY
APRIL 11, 1932
Gazette Want Ads Are Good Salesmen.
HAS. A. BOEGE ::::
CITY TREASURER OF THE CITY OF ANAHEIM
Solicits Your Vote on April 11
Mr. Boege Says:
I will greatly appreciate the support of the voters of the City of Anaheim for City Treasurer at the election on April 11.
I have held this office for several years and pledge to the citizens of Anaheim, that I shall conduct the office efficiently and safeguard the monies of the city in the future, the same as I have in past.
I am a native son of Anaheim, lived here all my life, own my own home, and pay my share of the taxes.
Thanking the people of Anaheim for their support in the past, and soliciting their vote at the polls at the coming election, I am sincerely yours,
Chas. A. Boege
City Treasurer of the City of Anaheim