davidaulloa/AmericanStories huggingface dataset:
Every evening, Wilmington daily commercial., 1921-10-14

When DR.. Watt was questioned to-
day regarding the status OF the
Westren case, he said the legal case
Is being prepared. but 1t will not be
brought until MIR. Western has had
ample opportunity TO return the
papers he has been asked for. demand
having been made by the attorney
for the conference. II he returns the
papers there will be no suit
While In EllSton day or SO ago Dr.
Watt saw Rev, Daniel Lockerbie. the
Presbyterian minister who has gone
from Philadelphia To Ell<ton and n
engaging In the marriage business.
The meeting. which was purely ac-
cidentnl, took place In the postofiice
Dr. Watt knew who 1ockerbie was
but Lockerbie didn't know Watt.
Every evening, Wilmington daily commercial., 1921-10-14

Secondly -
DOUBLING the dernand
~ means doubling the
production which means
lower overhead - less cost
per garment a decided
saving for you, and plenty
of work for our needlenen.
Every evening, Wilmington daily commercial., 1921-10-14

"Is this the Rev. MIR. Lockerbie2'
Or. Watt asked.
ut Is, replied the aged clergy
man. In ap aifable manner.
DIR. Watt next asked him concern
Ing the reports concerning him that
had reached Wilmington.
n am not opdn 20 interviewers,
Lockerbie replied.
Without revealing his identity Dr
Watt took leave OF Iockerble, the
cordiality on the part Of Lockerbio
not being shaken by the incident. how
ever.
Unless Mr.. Loclterbie reads this he
may never know who his interviewer
In the postofiice was.
Every evening, Wilmington daily commercial., 1921-10-14
Did The Work In
My Case He Says
Wilmington Shipyard En-
ploye Gives Strong Testimo-
nial for Plant Juice.

That the question Of combating stom-
ach trouble and its various symptoms,
indigestion and dyspepsia has been
solved by the new herbal stomach medi-
cine. Plant Juice, a remedy that not only
eradicates the disease but builds up the
entire system, is proven by the signed
testimonials of local people who have
Every evening, Wilmington daily commercial., 1921-10-14

and poison from the bowels. A
Casearet tonight straightens you out
by morning. io-cent box from any
druggist keeps your stomach regu-
lated. head clear and liver and bowls
In fine condition for months. Children
love Cascarets too.
Every evening, Wilmington daily commercial., 1921-10-14
YOU RE BILIOUS, HEADACHY, DYSPEPTIC
FROM BOWEL POISONING DIME A BOX

Cescsrets make YOU feel bully they
Immediately cleanse and sweeten the
stomach. remove the sour. undigested
and fermenting food and foul gases:
take the excess bile from the liver and
carry Off the constlpated waste matter
Every evening, Wilmington daily commercial., 1921-10-14

Thirdly
Xx1E HAVE contributed
w our share by cutting
our usual small profit still
closer, SO as TO put every
particle of extra quality
into the clothes, to make
them of exceeding value.
Every evening, Wilmington daily commercial., 1921-10-14
Preparing Legal Case,

the split fee business"
Robert Watt.
Newark post. (Newark, Del.) 1910-1969, 1921-07-13
X-Ray and Experts

Edward w. Redfeld, the painter of
snow scenes, said the other day at the
Philadelphia Art Club:
81 see that in Paris the experts are
proving the authenticity of dubious
old masters by means Of the X-ray.
This is good idea. 1t will do away
with lot of hoaxing.
81 heard the other day of dealer
who tried to hoax a profteer. The
dealer offered Raphael for sale.
Pointing to the signature the prof.
teer said,
"'The name don't look like Raph-
ael. Looks more like Rachel to me-
"The dealer examined the signature
himself.
"'Yes, it is Rachel he said. I1l
tell you the history of that. When
Raphael painted that picture he was
in hard luck, y'understand, so he put
it in his wife's Washington
Star.
Newark post. (Newark, Del.) 1910-1969, 1921-07-13
The Fashions

Lady Duff Gordon said at lunch
con at the Ritz:
"That fashions are gradually be-
coming more modest. They are moth
ing like so shocking as they were last
year.
"A young woman went into very
smart shop one day last year and said
to the saleswoman:
"T want to buy an afternoon gown
of the very latest fashion,
"'Yes, madam said the sales
woman. And does madam prefer
gown that is altogether too short or
one that is altogether too transpar-
ent We stock both kinds. Detroit
Free Press.
Newark post. (Newark, Del.) 1910-1969, 1921-07-13
Class Camps at Charlestown

The boys of Mr.. G. V. c. Hough-
lands Glass of the Presbyterian Sun
day School spent an interesting week
end at Charlestown, Md. They pitched
camp, consisting of two tents and a
few cooking supplies, on Steels Point
about one hundred feet from DR..
Steel's cottage. The swimming was
fine and boating and eats as well up
to par. Watermelon completed a
perfect dinner.
A thunderstorm Sunday soaked
everything in sight including camp
and clothes, and the boys returned
home Sunday afternoon.
The members of the class that went
were: Donald Armstrong, Kurt Gro
them, James Thompson, Walter
Blackwell, William Wollaston, Irwin
Chalmers, Francis Richards, and G..
V. c. Houghland.
Newark post. (Newark, Del.) 1910-1969, 1921-07-13
New Medical Director of
Child Welfare Commission

DR.. William J. French, of Wash
ington, D. c., was elected medical di-
rector of the State Child Welfare
Commission at recent meeting of the
Commission, at salary of $4,000 a
year. DR.. French is a graduate of
Georgetown University, and post
graduate of Harvard.
DR.. French has had wide experience
in organizing and directing children's
clinics in Washington, where he open
ed the first milk station for babies. He
had charge of baby hospital camp
for three years, and also held the po-
sition of inspector for Contagious
Diseases for the Washington Board of
Health. He has had large experience
with rural sanitation, water supply
contamination, etc. He worked
abroad with the American Red Cross
in 1918, establishing children's clinics.
DR.. French was elected by the
Board of the State Child Welfare
Commission recently appointed by
Governor Denney. The members of
this board are: from Wilmington,
Mrs. William H. Laird, president; DR..
Robert E. Ellegood, and Mrs. Charles
Warner; from Kent county-Mrs.
William D. Denney, Mr.. Arley B. Ma
gee, secretary, and Mr.. George Hall;
from Sussex county-Mrs. Ella G.
Emery and Mrs. Herman Cochran.
One member of the board is yet to be
appointed from New Castle county.
Miss Marie G. Lockwood is to work
with DR.. French as supervisor of the
nurses.
The State Legislature this year ap-
propriated 100000 a year for two
years for child welfare work in Del
aware.
DR.. French will take up his work
as medical director for the commits
sion about August 1.
Newark post. (Newark, Del.) 1910-1969, 1921-07-13
Baltimore" several years ago in that

Baltimore" several years ago in that
city.
One of the most pleasing events of
the entire series will be the concert
on Tuesday, July 10th, when Eleanor
Patterson, noted contralto of New
York City, assisted by Constance
Karla, violinist and Meta Schumann,
American composer, at the piano, will
sing for Delaware audience. Oscar
Hammerstein of law York has pro-
nounced Miss Patterson's voice, "a
real contralto, very rare, very beau
tiful." Miss Patterson's programs
are noted for their melodious charm
and they unfailingly appeal to music
lovers of all classes. Possessing a
voice with range of three full oc.
taves her programs include in theil
variety all types Of music from the
sympathetic heart song, to the thrill
ling and dramatic passages of grant
opera.
On Thursday, July 21st, Johr
Henry Frome, naturalist, will give al
illustrated lecture on "The Natur,
Lover in the Forest"
Newark post. (Newark, Del.) 1910-1969, 1921-07-13
Personals

Mr.. Frank Mackey left last week to
spend several weeks at Churchland,
Va.
Mr.. Charles Eissner will leave Fri
day to sepnd the weekend with his
parents at Harrisburg, Pa.
Miss lone Smith has been visiting
friends in Wilmington.
Miss Willabelle Shurter, of Els
mere, has accepted a position as
house chaperone at Topsey Hall, on
the Women's College campus.
Mr.. Charles M. Lewis, of Philadel-
phia, vice-president of the Curtis
Paper Company, visited Newark
Tuesday.
Miss Marie Lockwood, State Super.
intendent of Public Health Nurses
was guest Tuesday of Miss Eliza.
beth Crime.
Miss Marjorie Johnson, of Will
mington, is visiting Miss Annabelle
Jarmon.
Mr.. James Hastings and Mr.. Ro
land Handy are rooming for the
summer in the Kappa Alpha fratern
ity house.
Mr.. Charles Howard, of Salisbury
is visiting Newark friends.
Miss Sarah Pierson, of Strickers
vile, Pa, is spending this week with
her gradfather, Mr.. Robert Grow.
Miss Rebecca Cam is visiting Mis-:
Sybil Young, of Llanarch, Pa.
Miss Katherine Townsend is visit
ing her aunt, Mrs. E. G. Cook, neal
Wilmington.
Mr.. and Mrs. Ernest Frazer ant
daughters, Anna and Agnes, arr
visiting reatives in Virginia.
Mr.. Ira K. Steele has accepted {
position with the Wilmington Ga'
Company, of Wilmington.
Mrs. Pierce Whitcraft spent las
Thursday with Mrs. Harry l. Garrett
of Strickersville, Pa.
Miss Anna Shattuck, of Norris
town, Pa, is the guest of Miss Dor
othy Hoffecker.
! Miss Ruth Brown, who has beer
spending some time with her parents
DR.. and Mrs. William. E. Brown, il
attending Summer School at the Uni
versity of Pennsylvania.
Mr.. and Mrs. David w. Sheppard
Ethel and Harvey Sheppard, of New
ark, and Mrs. Cora Wilson, of Mar
della Spring, Nd, who is the guest O
the Sheppard family, spent Sunda.
with Mr.. John Atkinson and famil.
at their home in Harding, n. J.
Newark post. (Newark, Del.) 1910-1969, 1921-07-13
ALL ABOARD FOR
METHODIST PICNIC
Great Plans for July 10

Nothing could promise more
grand and glorious time than the
Methodist picinc plans for July 16.
All kinds of sports for everyone, and
real holiday fete are arranged for
| the day of all the year that little
folks and big folks alike look forward
to with joy.
Buses will leave the church for
Cooch's Bridge from $50 to 1890 a.
M, and also from 1915 to 100 p. m.
to carry the late goers. A full and
complete program has been planned
for the morning and afternoon with
contests of all kinds, Just like field
day, only better.
Each Sunday School class will be-
long to team, the Red or the Blue,
and will elect a captain. The captains
elect marshal for their team. And
the losing team makes a present to
the winning team.
Some of the stunts are: Running
races, ifty-yard dash, tug-of-war,
ball throw for boys and girls up to
fifteen years old; shot put; broad
jump; moist tug-of-war, for ladies
and men, fifteen years and over;
baseball for juniors and seriors, and
tennis for girls, to say little of a
large item, the community dinner,
1890 to 100. There will be also
quoits for entertainment.
Miss Mary Hoffecker will direct
games and plays for the littlest ones.
Everybody's in for good time. The
Continental Band, too, is expected.
All preparations are well under way
for the event of the year-picnic day,
an old fashioned custom celebrated
in an old fashioned-new fashioned
way. Let's go.
The teams:
! Mr.. Cooch, Miss Jaquette, Miss
Lindel, Mr.. Upton, DR.. Manns, Mrs.
Rhodes, Miss Hoffecker, Mrs. Camp
bell, Mrs. Wilkinson, Primary Glass,
one half; Mrs. Williams.
Blue
Mr.. Pence, Miss Gallaher, Miss
Mote, Mr.. Porter, Mr.. Palmer, Mrs.
Moore, Mrs. Van Keuren, Mrs. Mote,
Bible Glass, r. C. A. Short, Primary
Glass, one-half; Mr.. j. c. Mote.
Officials
) Announcer-Dr. T. F. Manns.
Starter-Major c. A. Short.
Observation-Disclosures Horace Patch
ell, Miss Marion Gallaher.
Judge-Mr. Raymond Upton.
Assistants-Miss Edna Campbell,
Mr.. Henry Mote.
Score Keeper-Mr. Francis Lindell,
Assistant-Mr John Williams.
Director of Beginners--Miss Mary
Hoffecker.
Assistants - Mrs. Thomas, Miss
Florence Butler, Miss Ring.
Umpires-Mr. Oscar Elliott, Mr..
Earl Dawson, DR.. T. F. MAINS.
Newark post. (Newark, Del.) 1910-1969, 1921-07-13
LECTURE SERIES
PROGRAM

Continued from Page One.)
timore and since then has given a
large number of concerts. During the
season just closed it appeared more
than fifteen times for various fra
ternal and business organizations.
The Director, Herbert Smock, is
prominent in musical circles in Balti-
more. Mr.. Smock got his first musical
training in college glee club. One
of his earliest successes was in the
role of the Prince in the delightful
"Prince of Pilsen," in which he ap-
peared in the principal company not
only in the United States but also in
England. He was tenor soloist in All
Angels Church, New York, for five
Masonic Grand Lodge for about ter
years. His work with the Baltimore
and Ohio Glee Club started in 1914
and it has brought the club from q
little group of railroad men, interest
ed in singing, to musical organiza
ton which has gotten favorable com
ment during the last year from thu
musical critics of Baltimore ant
elsewhere. Among Mr.. Smock':
musical achievements was the train
ing of one thousand five hundred
singers appearing in the pagean
Darkness and Night" given in tn,
Sacred Grand Opera "The World j,
Newark post. (Newark, Del.) 1910-1969, 1921-07-13

give him something to eat to appease
his hunger.
"Come right into the yard" said
she cordially.
The tramp eyed the bulldog that
was rowing around the yard. The
bulldog eyed him.
"Come right in!" repeated the
farmers wife.
81 dunno about that" answered
the tramp. "How bout the dog? Will
he bite?'
81 don't know" said the farmers
wife. 81 only got him today and
that's what / want to find OUT
Pittsburgh Chronicle-Telegraph.
Newark post. (Newark, Del.) 1910-1969, 1921-07-13
Recital by Mrs. Friedewald

Mrs. Friedewald delighted a large
audience Friday evening with her in
depreciation of "A Kiss for Cinde-
rella," by James M. Barrie. Many
who have enjoyed Mrs. Friedewald's
readings in the past two years well
coined her return to Newark.
The reading, "Deburau," by Sacha
Guitry, given Saturday evening, was
open to the Summer School only.
Newark post. (Newark, Del.) 1910-1969, 1921-07-13
Then the Dust Flew

The scene was an old farm home
stead-a pleasant looking woman
stood at the door. Down the pretty
country lane tramp, bedraggled and
dirty, made his way.
At the farmyard gate he stopped
and besought the farmers wife to
Newark post. (Newark, Del.) 1910-1969, 1921-07-13
Violin and Song Recital

A large audience enjoyed a violin
and song recital at Wolf Hall last
night. The artists were Vivienne
Cordero, violin; j. c. Vanhulsteyn,
violin; Oscar H. Lehman, tenor;
Audrey Cordero, accompanist, from
Peabody Institute, Baltimore.
The New York herald., 1921-12-22

Syracuse Sander Mfg. Co.. Inc... 2571
PRICE Harry, and Fannie-S Klotz 800 10
| POZARICK siplon-S r. Kopelman 3i27O
PHILLIPS, Jack-M. Tessler. .... 1854. II
tary Institnte .................... 2927s
ROTH. Herman L.. and Samuel w.
Altman tRoth Altman)-E- V. - :.
sPENDLER. sam. Hyman Abramo-
witz and Solomon Rashbam (Spln-
der Rashbam AbramowitzJ-
STRAUSS. Joseph-I.. Fishei. ... Tss.si
SNOW. Thomas B.--I Pollack. ... 32s.7I
chandise Co. Inc. nc................. 51o7s
SANGER. Gustsve--Thompson Con- ..
tracing Construction Co. ...... 234 20
o'connor .................+... s.447ss
wHlTcoMB. Frank j. -P. NJ :.
WARD. tRna Joseph E.-M. L. Abbott. $500
saSsEsss Ississsng Winter e 1896 1896
WAGNER, Carl Beekner. .. 23T. Al
WEST PENN COAL CO.. Charles
Sabsowitz and Lax Looker-State
same-samo ....................... 1,o4o.2o
BRONX.
WATSON CONTRACTING COM
PANY-J. Curry. .......-....... va, ,1bs. %
SAME-F. Curry. ry.............. 3,66s 81
SATISFIED JUDGMENTS.
The first name is that OF the debtor. the
second is that of the creditor and date when
Judgment was filed:
MANHATTAN.
ABRAMS. Harry-Metropolitan Saw
ings Bank; January 2. 1913 Uean- .ooo =,
EcKsTEiN. Mark, and Nathan
\. Y; May Is. 1927. " " @ 4ss1.72
Bank: February 81. ioao. ....... 5s2s15
HYMANsON, Julius. and William
Eckart-Taurus Realty Co.; June
SAME-Same; September 16, 1921. E. 1,15s.57
Decomber ID, 1921 1900
Co: NAV IA. 1o13' s341
wEINGoLD. Aaron. Samuel
C;ottesman and Benjamin Siesel-
r.. Zornberg ct all December 10, ~. 40
MEbL1X REALTY coMPANY,
INC.--S. Adler ct al; December 2,
RoGMlANo. Otto and md Fidelity Cas-
ualty Company of N Y.-People,
&c; July %, 1920 tvacatcdl ...... 2,5oo.oo
PRINCE, Felix. Theodore Lipsett
and Henry weiss-Gotham Ma
tional Bank; August 13. t921... 6s3.e5
sAME-saInc; August 13. iool..... 5s0.85
RUBIN, Thomas-Capital woolen
1920 ................... 2.454.11
Geringer-1 Eisenfeld ct al: De- ~
cember 3, 1921 .................. 1,361uo
KAUNER. Leon. Max and Joe-York
May I. 1921 'e ................ 1882
''ait vember 8. i92i. ................,e. ~ 51o.s5
FRUITERMAN, Bernard &c. d.
Harrison; August 81, 1916. ........ 2S5.10
NEWMAN. Mildred. and Patrick J.
Cleary-People, &C.. April "a. 1916 10000
ENNIS. Arthur B.--J. II. Slee; No
vember IT, 1917. 17.................. 1,172.9f
sAME-Same August 20, 1917.... 3,359.29
HARSTN, Alfred In. J. Cor
don June II, 1913 (canceled) .... 3,eif.f0
BRONX.
DAY. Lillian. and Fidelity a Casu-
&C.; October 20, 1920. -. 100000
The New York herald., 1921-12-22
TUNNELS SUGGESTED
FOR PARKING CARS
DR.. Harriss Proposes to Use
Space Under Central and
Bryant Parks.

Parking space for $4,000 automobiles
under Central Park and for 5000 or
1000 more under Bryant Park will be
provided, II plans suggested to the
finance and budget committee of the
Board of Estimate by DR.. John A.
Harrisa Special Deputy Police Commits
sioner, yesterday are carried out He
expects to submit definite proposal
TO the board within a short time. he
said.
The idea Is to get the cars off the
streets during the shopping and theater
hours. when the congestion Is the great
est. The cars would be run into tun-
nels under the parks, connected with
signal boxes. so they could be called
promptly when the owners wanted to
use them.
DR.. Harriss said there was a suitable
spot near the Fifty-ninth street entrance
TO Prospect Park which could be fixed
up without the removal Of a single tree.
More work would be required to provide
suitable quarters under Bryant Park.
The money outlay would be small. he
declared.
IF the plan proves as successful as
we nope, said the Deputy ComInis-
sioner. 1T Will remove a great source
OF traffic congestion from our streets. 1t
will mean n number of telephone opera
tors In the parking tunnels. but practi-
cally all the large department stores,
which have been studying the plan. are
enthusiastic about 1t and would be will
ing 10 have their own operators to an
swer calls from their stores. It may be
feasible to have the entire plan under
municipal operation with spread Of the
cost among the stores. theatres and
other benefited.
The finance committee appropriated
t250,000 to extend the tower system of
traffic regulation. II will be operated in
Broadway. from Thirty-fourth to 10th
streets Narick street and Seventh ave-
nue. from Franklin street to Tifty-ninth
street Fourth and Park avenues from
Eighth street 70 Eighty-sixth street !;
Lafayette street from Duane street to
Eighth street; 125th street from river
to river Forty-second street from river
10 river the Grand Concourse from 161st
street 10 Fordham road. and in Bedford
avenue. Brooklyn. from Roebling street
TO the Eastern Parkway.
The New York herald., 1921-12-22
IMPORTERS ATTACK
VALUATION PLAN
Issue Statement Replying to
Chairman Fordney.

In answer to an attack by Repre-
sentative Fordney OF the Ways and
Means Committee in the House yester-
day that selfish interests We're behind
the desire of the country to kill the So
called American valuation plan in the
Fordney tariff the National Council Of
American Importers and Traders issued
last night this statement:
This plan would increase the prices
of domestic goods, would put an end to
Americas foreign commerce, would in
crease the difficulties Of international
exchange, would decrease tariff revenue,
would injure American farmers and
workers. of important bankers. retailers
manufacturers. farmers, economists and
labor who oppose the measure.
Among the selfish interests listed
in answer to Fordney's attack is the
American Bankers Association. which
passed resolution condemning the so
called American valuation plan. So did
the National Retail Dry Goods Asso-
citation.
Almost one hundred meetings of
economists throughout the country con-
demned the plan as unwise and un-
economic In a symposium gathered by
New York University.
james C. Noonan, president OF the
International Brotherhood of Electrical
Workers and other labor leaders have
emphatically protested It's passage.
"A meeting OF the American manu-
facturers members Of the American
Manufacturers Export Association de-
nounced II on October 6. A consumers
committee of women. non-partisan and
non-political, made UP of leading women
throughout the country, protest Its
passage.
Farmers through the American Farm
Bureau at Washington, which speaks
for the leading farm organizations OF
America, are unalterably opposed to It.
Lead ing chambers of commerce. includ
ing those Of Chicago. Detroit and Phila-
deiphia. are against It. Samuel vauclain
Carrie Chapman Gait Otto Kahn, David
r. Forgan, Johr Wanamaker and Irving
Fisher gre among those opposed to the
plan. Trade publications. including the
DRY Goods Economist, the Music Trade,
the Rubber Journal and the American
Exporter, condemn this measure"
The New York herald., 1921-12-22
WORTHLESS STOCKS
HELD DEDUCTIBLE
New Income Tax Decision Is
Rendered by the Treas
ury Department.
Special Dispatch to THE New YORK HERALD

Special Dispatch TO THE New YORK HERALD,
New York Herald Bureau.
Washington. ID. c., Dec. FL.
Worthless stocks or bonds of cor
porations may be deducted from
gross income for income tax pay
ment purposes. according to a de-
cision announced to-day by the
Treasury Department. The decision was
said to be of great Importance, espe-
cially to bankers. The decision said:
"The losses allowed as deductions un-
der sections 214, (A). (4). (5) and co..
and 234, (A). (4). Of the revenue act
Of 1921 shall be deducted as of the
taxable year in which suffered. In
exceptional circumstances. however. In
order to avoid injustice to the taxpayer
and to reflect more clearly his income.
the Commissioner may permit a loss to
be accounted for as OF year other than
the one in which suffered.
For example. an embezzlement or a
shipwreck may occur in 1921 but not
become known until 1922. and in such a
case income may be more clearly re-
flected by accounting for the loss as of
1929 rather than Of 1921. IL a taxpayer
desires to account for loss as of a
period other than the one in which actu-
ally suffered, he shall attach to his
return q statement setting forth his re-
quest for consideration Of the case by
the Commissioner, together with a COM
plete statement of the facts upon which
1n in, i0 a
return he shall deduct the loss only for
the taxable year.
Upon the audit OF the return the
Commissioner will decide whether the
case is within the exception provided by
the statute if not within the exception
the loss will be allowed only as of the
taxable year in which sustained. The
allowance of deduction for loss in
a year other than the one in which
suffered is entirely within the discretion
of the Commissioner and he will con-
slider exercising this discretion only In
exceptional cases. "a shrinkage In the
value of the taxpayers stock in trade,
as reflected in his inventory is not such
o loss as Is contemplated by the provi-
xsion of the statute auth orlzing the Com
missioner to allow the deduction of O
loss for a taxable year other than tho
one In which sustained
"a person possessing securities such
as stocks cannot deduct from gross in
come any amount claimed as a loss
merely on account of shrinkage In value
of such securities through fluctuations
OF the market or otherwise. However.
II stock of corporation becomes worth
less its cost or other basis determined
under section 202 may be deducted by
the owner In the taxable year in which
the stock became worthless, provided a
showing of its worthlessnes5
be made, as in the case of bad debts.
Where banks or other corporations.
which are subject to supervision by Fed
eral authorities Cor by State authorities
substantially equivalent
standards) in obedience to the specific
orders or general policy of such super
visory officers, charge off stock as worth
less or write it down to a nominal
value. such stock shall, in the absence
OF affirmative evidence clearly establish
ing the contrary, be presumed for in
come tax purposes to be worthless"