davidaulloa/AmericanStories huggingface dataset:
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1925-07-11
THE RESTORATION OF THE
CREDIT SYSTEM.

In the year 1924 the United States
of America exported 1900, 100000 dol
lars abroad, to Asaitic and European
countries. This sum exceeds the to-
tai of all the capital exported from
America during the last few years and
apart from the war years-consti-
tutes a record figure as regards the
export of capital from the country
The United States of America, dur
ing the war and postwar period
from 1914 to 1923-earned no less
than 20 milliard dollars by exports
to the belligerent country and tc
Central Europe. OF this sum the
debts OF the European powers to Anne
RIGA alone amount, in round figures
to 10 milliards.
From whence did the United States
of America obtain this immense &C
emulation Of capital which led tC
such an enormous export of capital?
The correct answer to this question
brings with it the answer to no less
essential question; whether we have
to deal here with a temporary and
accidental or with permanent phe-
nomena connected with the entire
economic life OF the country. To
what extent has the national wealth
of America increased during this peri
cd: According to the calculations of
the American census, in the year 1922
the national wealth of America was
so per cent greater than before the
war. I'm this calculation allowance
is made for the, depreciation of the
dollar consequent on the increase of
prices). AS result of this accumula-
ton of capital, there followed an enor-
nous development of industry. The
accumulation of half of the gold re-
serves Of the entire world in the eel
lars Of the American banks led, how
ever, to the reduction of the rate of
interest. An American bank which
lends money receives two to two and
a half per cent interest, whilst Europe
(not to mention such countries as
Germany, where in the past year in
the provinces, rs per cent was a usual
rate Of interest) is paying back eight
per cent for the loans received from
America. Under such conditions con-
tradictions naturally arose between
the interests of Industrial capital and
the interests of finance capital Whilst
finance capital was interested in fore
ing up the rate Of interest, industrial
capital was interested in obtaining
credits at low rate OF interest. The
policy Of the United States, however
was determined by Industrial capital,
whose representatives comprise the
leading cadres OF the republican party.
TT was only the agrarian crisis, the
i crisis which arose as a result of the
shrinkage Of the market and thru other
complicated causes. and which forced
the masses Of the farmers into move
Which led to the victory OF I'm
ance capital Finance capital opened
wide prospects to the peasant masses
Of enriching themselves at the cost
OF Europe, which is compelled to build
up its economy with the help of Am
erican credits and thereby to increase
its purchasing power as regards the
products Of American agriculture. In
Ill.,
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1925-07-11
Extension of the Industrial BASIS.

ONE can only Judge the significance
~ of this phenomenon il one takes
into consideration those facts which
have hitherto received very little at
tention, |. e., that during the war, and
also in. part after the war, the indus
trial basis of the capitalist countries
had been extended During the war.
for the purpose Of providing the army
with weapons. munitions. etc., produc-
ton, before all the metallurgical pro-
duction, in all countries had to be ex-
tended. America, England and, after
the occupation Of the northern dis
tricts. France also, had to set up a
new metallurgical center. Italy and
Japan also extended their metallurgic-
al industries. uF
The armies, however, had not only
to be supplied with weapons, but also
with other articles. And that led to
the extension of number Of other
branches of industry. II one reckons
therefore the number of. lathes and
spindles and the amount of motor
Continued on page 81
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1925-07-11
The Restoration Of the Monetary
: System.

THE second factor. as to which I
have already spoken, is the res
toration Of the monetary system.
There was a time when the German
mark sank even lower than our rubIe.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1925-07-11
SECOND SECTION

This magazine supple
ment will appear every
Saturday In The Daily
Worker.
Hyder weekly herald., 1925-11-04

Ben Oien says he knows a girl who is afraid that she would look too fat in the picl- ure if the photographer en- larged the negative.
Hyder weekly herald., 1925-11-04

G. w. Handy and wife of West Hartford, Vt., Miss Flor ence J. Taylor, and her brother Samuel Sale Taylor, of Chicago, recently returned to Seward from visit to the Val ley of Ten Thousand Smokes. The four made the ascent of. Mount Katmai volcano, 1000 feet, and were lost all night on the top of the mountaln. They discovered a steaming hot river at the end of the val ley. They claim that not over 200 steaming spouts were counted and the famous Valley of Ten Thousand Smokes Is now thing of the past. Eight large bears were seen by the tourists, and they took num- Der of stills and moving pie lures. Mrs. Handy was form erly Miss Doris Keene, of Philadelphia, who in 1912 as cended Mount Blackburn, 16,- 40 feet, in B days. MT. and Mrs. Handy left Seward for Hartman Fiord, where in 1914 they visited the glaciers and took measurements of their ac- tivities. They intend to take measurements again to deter, mine the glacier movements and report to the National Geo. ical Society, which they are representing. There are sixty five glaciers discharging into the ford.
Hyder weekly herald., 1925-11-04
orously protesting right at the present time.

There are many reasons why advertised goods sell best. In speaking of nationally adver- tised goods, for example, trav- elers are able to purchase the same brand of crackers in the East as in the West, in the North as we'll as in the South and all of them are equally good and crisp.
 And the same principles ap. ply to all merchandise and goods made or sold locally. The buyer knows that a local advertiser is ready to stand be- hind his product because his advertising is proof of his con. fidence.
 The advertiser is known and has pledged himself to stand back of his merchandise. He has given his printed word rv. the general public and must keep it. It is the mark of good faith and is recognised by buyers of the world over as such.
 Almost without exception, all of the improvements in pack ages or other containers have been the direct outcome of ad vertising.
Hyder weekly herald., 1925-11-04

Mo more effective argument could De adduced for the con- struct.on of 8 wagon road up Texas Creek than are present cd in the shelter returns re- ceived by Messrs. Hewitt and Carlson from their recent test shipment from the Homestake.
 Although yielding approxi- mately $75 per ton over and above Gmelter charges and steamship transportation costs from Hyder to San Francisco, the actual profit on the ore is considerably below that figure owing to the high cost of pack train transportation from the mine to tidewater. Add to this charge the costs of transport ing supplies to the mine by the same method and the ordi- nary extraction costs and the margin is reduced to a point where it hardly represents proper profit to the owners. Yet here is a mine which the smelter returns show clearly should yield handsome re- turns if the ore could be handled in larger quantities and at lower haulage costs. Less than a dozen miles of wagon road would solve the difficulty and enable the own CTS of this fine property to make a fair return on their op- erations, in addition to open ing the way for shipments from a half dozen. or more properties farther up the val ley, all of which contain ores carrying values closely ap- proximating those of the Homestake.
 Although prospecting in that locality has scarcely more than begun, shipments were made from two properties during the past summer in spite o1 the transportation drawbacks Others would quickly follow suit if cheaper means of haul ing he ores to tide water were available. The past seas
Hyder weekly herald., 1925-11-04

on's development has shown most conclusively that the dis trict will yield immediate and handsome returns for every dollar expended in this di- rection. It is not stretching the truth in the least to say that Texas Creek will become pro- ductive the minute a wagon road is installed.
Hyder weekly herald., 1925-11-04

It is estimated that the her. ring pack of Southern Alaska this year is in excess of 135,- 900 barrels. Of this, quantity, the Kodiak district has yielded 5O,000 barrels, the Cook Inlet district 15,O0O barrels, Saw mill Bay district 10000 bar rels and Red Fox Bay 60,O0O barrels.
Hyder weekly herald., 1925-11-04

The first line of thought any coach tries to drill into a team is "A team that won't be beat en, can't be beaten"
Hyder weekly herald., 1925-11-04

tt IS currently reported that a vast deal of yapping is being carried on by certain local el- ements of the fact that the first class mail from the States is being transported to and from Hyder by the Canadian steamship lines, instead of by the Ketchikan route.
 This, mind you, in total disregard of the fact that transportation by the Can adian boats gives us a twice 3 week service instead of once 2 week; insures a saving of at least two or three days in the time of deliveries and, further more, does not cost Uncle Sam a red cent. Also in the face of the decidedly import ant fact that by reason of such routing Hyder is the only town in all Alaska that enjoys the advantages of a first class mail service, all other towns in the Territory being com pelled to undergo the vexat- ions and delays incident to the newly inaugurated system of transporting all Alaska mail by freight.
 It is hard to conceive how any person possessing common sense and good judgment can cavil at the method as long as we get results of such mani fest benefit to the community. Under the present system of Alaska mail distribution it is plain that Hyder cannot better the mail situation by any other means in view. There is a vast difference between receiving three day service between Fly. der and Seattle and a five tc seven day service via Ketchi.
 kan. Certain Ketchikan inter. ests might profit by a change in the present system but as
 suredly it will bring no bene
 fit to Hyder to discard what
 is obviously the best mail ser
 vice in the Territory for one
 against which the whole o. 1 Alaska is up in arms and wig
Hyder weekly herald., 1925-11-04

The first line of thought any coach tries to drill into a team is "A team that won't be beat en, can't be beaten"
 The chemists who say man is worth a dollar might make it 98 cents, so he will be more popular with the ladies.
 The breakers remain on the Florida beaches after the broke have gone.
 Only a few of the people who brag that they are 100 per cent Americans can under stand why any resident of Canada has the right to boast that he is 100 per cent Can adian.
 Darling I am growing old,
 Silver threads among the gold,
 But I'll look more youthful when I Bob it and apply some henna. | She was only the coal mans daughter, but oh, boy! where she has bin.
 The Village Nut says that the man who used to go to town Saturday just to get a plug of store tobacco now has a son who goes to Canada just 1u wash his ears. l Truth is mighty-near ex- tinct.
 According to the Blueberry Kid, when a girl nowadays says she has nothing to wear she means it and wears it.
 "I hear she had a perma- nent wave" 2 "Yeah and the cost is about
Hyder weekly herald., 1925-11-04

The chap with a dirty puddle in his own yard should clean up his own premises before criticiziNg those of his neigh boys. (
Hyder weekly herald., 1925-11-04

Consistency, thou art a jew el. "
Hyder weekly herald., 1925-11-04

The doctor rushed out of the study, "Get my bag at once ; he shouted.
 "Why what's the matter?" inquired his wife.
 Some fellow has just tele- phoned that he can't live with out me-" gasped the medical man as he reached for his hat.
 His wife gave a sigh of reliel. "Just a moment" she said gently think that call was for our daughter, dear"
Hyder weekly herald., 1925-11-04

Put a chump in the saddle and he will ride the horse to death.
Hyder weekly herald., 1925-11-04

Another sign of age, says Oren F., is for people to begin telling you how young you look.
Hyder weekly herald., 1925-11-04
Just For Fun

It won't always do to judge by looks. Many a hell-cat has a sweet face."
Hyder weekly herald., 1925-11-04

Frank Reichenback thinks a runner in a silk stocking will attract more attention than any track meet.
Hyder weekly herald., 1925-11-04

Where ignorance is bliss the taxes are high.
Hyder weekly herald., 1925-11-04
CROSS WORD POEM.

A maiden entered a suburb an
 And firmly grasped a = And every time they struck B.
 She sat in a different The holes grew deeper, jerA- ing
 Till at last she gasped with a.
 Will someone kindly tell me-,
 How many laps to a. 1. A strong railroad compel- itor.
 2. What Ma used to give lick ings with.
 3. Inside of a doughnut. 1. Where the sheik holds his girl.
 5. Comparative of worse. 6.Expression of pleasure. z. A polite word. 8. Unit of distance.
Evening star., 1925-12-09
EXPERTS BLAMED
FOR P. 0. DEFICIT
House Author of Postal Bill Says
Blunder Rests With
Department.

Postmaster General News recent
annual report attributing the es-
tinated- $4,000. 900 postal deficit to
failure by Congress to raise postal
rates sufficiently to care for the in
crease granted in postal salaries, was
assaiied by Representative Kelly Of
Pennsylvania. a Republican member
Of the House postal committee, yes
terday
Mr.. Kelly, who sponsored the postal
pay and rate increase bill enacted by
the last Congress. asserted in a state.
ment that, if deficit existed the
"blunder rests solely with experts
OF the Post Office Department.
II is now widely published" Mr.
Kelly said. that the new rates, In
stead of producing $50 700 600, will
bring in only So 600 .OCo. and the at
tempt is made TO convict Congress OF
making the E!under. II there is such
wide discrepancy. the bIunder rests
with departmental experts
Il am convinced that this estimate
of S32 100000 is the real blunder and
VIII be admitted by the department
at the end of the year"
He predicted that increase volume
OF business would add 10 postal
receipts and that no advance in rates
would be authorized by Congress
Evening star., 1925-12-09
FRAz|ERS SEEKING
DEAD SONS BONUS
Arthur Lopez, Discredited in
Court, Still Living With
Couple.
BY the Associated Press.

BY the Associated Press.
ABERDEEN, S. Oak, December g..
in the ,stranga case of
Arthur Frazier, World War veteran,
Indicated today that his parents, Mr..
and Mrs. Charles Frazier. Indian mis-
sionaries, finally believe their son is
dead
Mr.. and Mrs. Frazier made formal
application yesterday TO Adjt. Cen W.
A. Halle of South Dakota for Govern
ment and State war bonuses. They
named themselves as benefciaries OF
Private Arthur Frazier, b Company,
United States Infantry, who, War De-
partment records show, was killed in
France October 6, 1918.
This action followed a long fight In
Federal Court to establish the identity
of Arthur Lopez, a Mexican, as their
son. A jury found that Frazier was
dead and that the man who claimed
- be Frazier was, in reality, Arthur
Lopez. Despite the application for
bonus filed here, the Fraziers win not
admit that they are positive their son
was killed. The FraZiers. who former
ly resided in South Dakota, now live
in Sanree, Nebr., and ii was the gen
eral opinion in Santee that Lopez is
Frazier.
The young man has been living with
the F'raZiers since the trial.
Evening star., 1925-12-09
COMMITTEE GETS
. D. c. SUFFRAGE BILL
Measure to Enfranchise Cap
itaI Residents Goes to
Senate Body.

The joint resolution providing for
n constitutional amendment to give
the people Of the District representa-
ton in both houses of Congress and
in the electoral college has been re-
ferred to the Senate District commit
tee with the understanding that it
will be considered later by the Senate
judiciary committee.
When Senator Jones Of Washington
offered the resolution yesterday and
requested that it be referred to the
District committee. Senator Reed of
Missouri objected on the ground that
an amendment to the Constitution
should go to the judiciary committee.
Senator Jones pointed out that a
similar resolution had been consid-
cred by the District committee in
another Congress. He suggested that
it be allowed to go to the District
committee and when a report is re-
ceived that it then be referred to the
Judiciary committee
Senator Reed stated that if such
Il course is followed he would not OBJ
iect to its preliminary reference to
tn" District committee.
Evening star., 1925-12-09
FALLS OFF FAST TRAIN.
Traveller Taken to Fredericksburg
Va, With Fractured Skull.

Special Dispatch to The Star.
FREDERICKSBURG Va. Decem-
Der 9.-John D. Price, % years old, of
Wilson, n. c., sustained a fractured
skull and other injuries today in a
fall from a northbound Seaboard Air
Line passenger train few miles from
here in Stafford County. He said he
was standing in the doorway when
he lost his balance and fell from the
speeding train. He staggered to a
farmhouse near the tracks and col
lapsed, being unconscious for several
hours after he was brought to hos
pital here. Last night he was unable
to talk, but had railroad ticket to
Philadelphia.
Evening star., 1925-12-09

Endorsement to the Dill.
Agreement was reached to end gen
eral debate by Saturday night, after
which the measure will be taken up
for amendments. and readers on both
sides are confident that the House
will pass it before the end of next
week.
Green Issues Warning.
Mr. Green served notice he would
insist that the total reduction pro
posed In the bill be not increased.
The Treasury surplus this year prob
ably would reach $3.50 900 900, he said.
or slightly more than the reduction
proposed, but the bill contained pro
visions which would mean greater
cuts in the Government revenues
in years to come. particularly in In
heritance taxes.
The chairman argued the increase
In personal exemptions from 81 600 to
81, 500 for single persons and $500
to $500 for married persons was one
of the main items Of relief offered
by the bill to taxpayers of small in
comes, who, he contended, need 1t
most.
Defends Surtax Cut.
Defending the cut in the maximum
surtax rate from 40 to 30 per cent,
he said this schedule as now framed
equalized the scale and placed the
legislation on a permanent eacetime
basis, even though il did not cut the
rates applying 70 incomes between
$4,000 ard Si+ 900 which benefited
from previous slashes.
Administrative changes provided by
the bill. he said. will improve and
tighten up. :h,s Torn.
After declaring 1t is a difficult task
to debate when there is nothing to
debate" Mr.. Garner defended the in
creases in personal exemptions.
This is not Secretary Melons bill. y
he declared. The provisions Of this
bill are not his recommendations.
How, then. can the President indorse
il? Can we expect. then. that these
rumors are true that the Secretary
will resign"
Describing the increased exemptions
as the main thing l got in this
BILL he said the provision would re
lieve 100000 taxpayers from Fed
eral taxation and was in accordance
with the principles outlined by the
Democratic party plas form
Mr.. Garner admitted that the 20
per cent maximum surtax rate was
a concession on his part, but added:
II will stand by on this bill.
Il owe that in good faith" he said.
land ] want to take care of this bill.
anyway, for 1 am afraid of what
might happen to 1t somewhere else
Evening star., 1925-12-09

Miss Liu Slang Yin, Chinese girl
who speaks five languages fluently,
is editor of q Cuban newspaper.
Evening star., 1925-12-09
COURT OVERRULES
VALUATION BY I.C. C.
Restraints Body From Enforcing
Its Findings in Case of West
ern Railroad.
BY the Associated Press.

BY the Associated Press.
LOS ANGELES. December "A
decision setting aside the valuation
placed upon properties of the Los
Angeles and Salt Lake Hallway by
the Interstate Commerce Commission
and enjoining the commission from
enforcing it's valuation has been
handed down here by Judge Ross of
the Circuit Court of Appeals and by
United States Judges James and Nc
Cormick.
The decision held that the commits
sion had. without authority, placed
the value of the roads properties, at
less than their actual worth. Suit to
set aside valuation of $45,S71 ,093
placed upon it's holdings in 1914 for
rate making purposes was brought
some two years ago on the contention
that the proper worth of the proper.
ties is more than 7O,000, 900.
The Western Union Telegraph Co.,
which uses part of the property joint
ly with the railroad, later intervened
as defendant
Evening star., 1925-12-09
TRAVELLING skLESMEN
SELECT BEST HOTELS
People Advised to Follow Their
Trail for Best Food in
England.
by the Associated Press.

by the Associated Press.
MANCHESTER England, December
9.--Follow the commercial travellers OF
England and you will find yourself in
hotels and restaurants where there
is the best food and at lower prices
than in the places where jazz orches-
tras are enshrined amid palms and
fashionable men and women are in
evidence.
This advice to tourists is given by
an Englishman who has Travelled the
length and breadth of the island for
years and knows the cooks personally
In hundreds of hotels. But he warns
visitors that the trail of the CONNER
cial travellers must be followed with
humility. The hotels the travelling
men patroniZe are usually not very
large and their tables are generally
crowded. Consequently outsiders must
gain admission to commercial meSseS
largely by sufferance.
1t is in places of this sort that Eng
lish cookery is at its best. The Joint
occupies the position of honor on the
menus, and saddle of mutton or roast
beef is rolled about on trucks and
carved at table side to suit the taste
of the diner. Grilled chops and steaks
also may be had and done to perfec-
ton.
Evening star., 1925-12-09
ATTEMPT TO PROVE
MITCHELL "CRIBBED"
BOOK FAILS AGAIN

Continued from First Page.)
Evening star., 1925-12-09

If we are judged by our company,
perhaps that Is why some men dis
like being alone.
Evening star., 1925-12-09
GENERAL TAX BILL
DEBATE is BEGUN;
EARLY ACTION SEEN

Continued from First Page.)
Evening star., 1925-12-09

"Iced drinks of any sort
slipped slowly are grateful
and healthful."
"And," continues "Hygeia," a
Journal of health published by
the American Medical Associa-
ton, even with meals the
drinking of iced water in small
sips rarely interferes with diges-
ton or produces unpleasant
symptoms" Thus is another
old superstition or fallacy laid
to rest in the light of modern
science.
So keep plenty Of pure, clean
American Ice on hand that YOU
may sip yomr heaIthfm iced drink
at any time.
Evening star., 1925-12-09

deliberately cribbed from a lecture
delivered by another man many
wears ago.