davidaulloa/AmericanStories huggingface dataset:
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1926-01-22
WORKERS MUST SMASH "B. & o.
PLAN OR BOSSES AND LABOR
LEADERS WILL CRUSH UNIONS

arouse every intelligent and class con-
scious railroad worker to an energetic
protest to defeat this new betrayal.
Brothers: Have you forgotten the
betrayal and the shameful handling of
the railroad strike? II not, help fight
against this new surrender to the
bosses, The bitterest labor haters and
politicians are hailing this so-called
peace with joy.
The very fact that the plan agreed
to by the officialdom of our unions in
meeting under the Craftsmanship OF
Mr.. Atterbury is to be introduced in
the senate by Jim Watson, life long
enemy of the labor movement, is suffi.
cient to condemn it. 1t is in reality
nothing but mo Strike Law in dis
guise. When Atterbury begins to ac-
cept the policy of our officials it is
time to get rid of those men who
have betrayed our trust in them and
surrendered our union to the railroad
bosses.
The answer to these attempts on
the part of our so-called leaders must
be to organize a mass protest against
this new legislation and demand the
amalgamation of all the railroad I'm.
ions into one fighting organization
which will be able effectively to fight
and improve our conditions on thu
railroads and reduce the number
hours instead of developing speed-up
systems aided by our union officials.
Fellow workers:
Prepare to put at the head of your
unions, officials who will fight against
the employers, who will solidify the
unions, who will force the employers
to respect the labor movement. Fight
to abolish the "B. G. o. plan" and
company unionism. Fight to estab.
lish real labor unions on the railroads
OF American, or unions which will win
better conditions for the railroad
workers and unite the railroaders
with the miners and the rest of the
labor movement.
Railroad workers, you must choose
between class collaboration and slav-
cry on the one hand or class strug-
gle and victory over the railroad boss
es on the other hand. You must
choose the road of struggle and vic.
tory.
Chicago Committee For AmaIaama.
ton In the Railroad Industry.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1926-01-22
Current Events

Continued nom page IL
ers turnout Montana and all thru the
northwest.
THE Producers News, the official
4 organ of the Sheridan county
Farmer-Labor Party, is the leading
farmers paper in Montana. 1t is put
ting up stiff fight against the frame
up gang. The only other. paper in the
state, to my knowledge, that makes
fight against the capitalists and
their henchmen is Great Falls Town
Topics. And because of that William
/ Winterowd, the editor and the bust
ness manager were arrested charged
with hbelling SOMEBODY. Town Topics
has carried on vigorous campaign
against the open shop elements and
against the reactionary labor leaders.
Persecution is the price of loyalty to
the producing classes. But that is
only for the time being. There will
come a change. But it must be made
by the workers and farmers.
THE gentleman who declared that
= the Communists expended" $780,
600 on Communist propaganda in Am
erica during the last eighteen months
must have taken his figures from Mr..
Joseph Wise, former employee of The
DAILY WORKER Publishing Co. Joe
Is master at figures and seeing quite
number of workers engaged in car
rying on Communist propaganda he
figured out that according to the sche.
dule in vogue among the reactionaries
in the labor movement, the weekly
payroll would amount to about ten
times to what it actually is. Then Joe
added a few hundred thousands for
good measure. The only thing that
worried us was that the news might
BRING in an influx of applications from
the labor takers who would serve any
cause unless the personal danger is
prohibitive, provided there is money
in 1t.
E,LON r. HOOKER, speaking re.
- Gently in New York before the
national republican club, told his audi.
ence that he had recently examined
the budget Of the Workers Party and
discovered that the organization had
spent almost enough money to bride
republican cabinet granting that the
Teapot Dome schedule still stands un
impaired. II cost only somethink like
S125,000 and a herd Of cattle to get
Teapot Dome from Fall and the con
sideration for which the other officials
did their share in the deal remains a
secret. But It is safe to say thai
100000 would make quite a dent in
any cabinet. Among those present was
William Green, president of the Amer
lean Federation OF Labor. Mr.. Green
extolled the virtues OF Samuel Com
pers and John Mitchell
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1926-01-22
KELLOGG WANTS
MEXICAN DEAL
kept SECRET
Oil Outfits Sue to Re-
tain Land
Especial to The Daily worksrl

MEXICO CITY, Jan. 90. The
Mexican government today awaits re-
action to the statement of Foreign
Minister Saenz that the new land and
oil law 10 not retroactive or eonfisca-
tory. It Is probable that the Mexican
reply to the American protest against
the law will be deferred until it is
learned how the foreign minister's
statement Is received in Washington.
Meanwhile efforts are being made
to speed up the requests for injunc-
tons made by some forty oil com
pany representatives asking that the
operation of the law be suspended.
This legal point will probably be
taken to the supreme court and if it
upholds the law then it is expected
that the United States will take more
definite action. in combination with
other nations affected.
The Mexican government will stand
upon its contention that the law is
within keeping of it's rights to govern
its own domestic affairs and protect
It natural resources for the benefit of
Mexican nationals. Foreign diplomats
In Washington are watching the KEEL
logg-Saenz exchange with close at.
tention.
Mexico outwits Kellogg.
There were a few smiles today over
The manner in which the Mexican
foreign minister circumvented KEEL
logg's demand for strict secrecy con-
corning the correspondence between
the two governments.
At the time of the transmission of
the American protest, and in the ex-
changes leading up to it, kellogg in
sisted that the Mexican government
not make anything public that passed
between the two governments.
The Mexican government blandly
acquiesced, and then proceeded to
beat the state department to the pub
hcity punch by issuing a formal sta
cement of Mexico's positions which is,
Of course, not a document that passed
from one government to the other,
but which nevertheless is a para
phrase Of Mexico's answer to the state
department" And it was published,
moreover, before the formal Mexican
.eply was handed to the American
ambassador. Mexico's diplomacy is
almost open diplomacy" as compared
with the secrecy observed by the Wall
Street agents in the state department
concerning the exchange.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1926-01-22
| new YORK |. |. D.
BAZAAR COMMITTEE
IN NEED OF FUNDS

AoPoSidt 10 nc CaltJ WoTNcil
NEW YORK, Jan. 17-AII those
who have received letter from the
International Labor Defense office
here with a combination ticket are
asked to bring their dollar immedI-
ateIy to the office Of the bazaar COM
mlttee, 1903 East 18th street, Room
% as $1,000 Is urgently needed for
preparation for the bazaar that will
be held Feb. 10 to 13 inclusive as
our treasury Is empty.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1926-01-22
Subsection Two of
Section Four to Hold
Educational Meeting

Subsection No. 2, Of Section 4, Chi
,ago, will hold an educational meet
ng Thursday night at American Mu-
Ician's Hall, III West Adams street
It z o'clock Manuel Gomez will speak
IN Lenin and Leninism.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1926-01-22
Friendly Organizations, Attention.

All labor organizations of Chicago
are requested not to arrange any dates
to conflict with the Polish workers
celebration in Chicago on March 4,
1925, OF the second anniversary OF
their fighting paper, Trybuna Robot.
nicza, organ Of the Workers Com
munist) Party in the Polish language.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1926-01-22
Lenir
Memorial
Meetings
MASSACHUSETTS.

ouincy--Jan. "a, Malnatis Hall, = Llbsr.
~. ST., 1880 p M, eva Hoffman; u.v
Maynard-Jan. "a, Waiham St. hali'
w sar.nce ST. MOO 81 idea z E EsIG 10
Fltchbure-Jan. ~. suomi Hail, sot
Man ST., 7;so p. M, local Finnish COM
soston-Ford Hall, Ashburton place,
Bert D. Wolfe, Jan. %, p. m.
Newton Upper Falls-Russian Club %
LanesvIle-Einnlsh worklngmen's IA
sociation Hal, 1850 washington l.
| Gardner--AI Schaap, Jan. "a, 8 p. m.
Brockton--H. S. Bloomfield, Jan. a.
Worcester-Relmont Hall, 81 Belmont
ST., Bert D. Wolfe, Jan. "a.
/ RHODE ISLAND.
Providence Russian Club Hall, -
| Randall ST., Max Lerner, Jan. "a. p. m.
NEW YORK
| New York-centraI opera House, e7th
st. and Third Ave.. New star Casino:
Assembly, sts Grand St. Brooklyn, Man
haitian Lyceum, 66 East 4th ST.: Jay
| Lovestone. Ben eitIow, NJ. j., olgln, ".
W. Weinstone, chas. krumnein' JAM ~
Jamestown--Jan. 81. Local speaker.
Buffalo,. o. Bentall and Nat kaplan,
'a Roo he p o. eental, Jan. q, q
singhamton--J. o. ssntall and Nat
Endioott-J. o. RentaII and Nat kap-
Syracuse, j. o. eentaII and Nat Kap-
Utica. o. HsntalI and Nat kspIan,
Jan. 81.
schenectady--J. o. RentaII and Nat
kaplan, Jan. 20.
NEW JEREsY
Trenton--Jan. "a. Palace Hall, S. Broad
| ST., 200 p. M, Tallentire.
Trenton-N. r. TalIentire, Jan. "a,
p. m. "
chester-Jan. %. Sons Of Italy Hall,
srd and verlin Sts.. .. m.
Ere-Local speakers.
phiIadsIpsa-LuIu Temple, s;C .s e ard
low, N. !. olgin, Jan. %, 2. m.
Ere--J. o. RentaI, Jan. %.
Pttsburah-Int'i Socialist Lyceum, so5
Pttsburuh-Jan. 81, p. M, at the
Labor Lyceum, IS Miller st. speaker:
cassport2finnish Hall, James Otis,
coverdaIe-A. Jakira, Jan. 80, p. m.
Avella-cranJis Hall, D. &. Farley, Jan.
niontown-croatian Hall, Geo.. Pap
Gun, c. w. Fulp, jan. "a, p. M.
verona-Ferry's Hall, James Otis, Jan.
Republic-croatian Hall. Geo. Papcun,
Rural Ridgs-James otis, Jan. a, 8
annonsbure-Faleon Hall, Jan. 80,
o. M, D. &. Farley.
0aisytown-Home Theater, Jan. 81,
New 5rishton-D. E. Farley, Jan. 81,
WEST VIRGINIA -
Tradephia-New York 5axaar rail-
-, D. laR ~ M
.PursgIove-unlon Hall, Tom Ray, Jan.
81, p. m. -
| Newport-Robert Minor Jan. IL.
| OHIO
Lima--Robert Minor, Jan: 10.
| Cincinnati-poyle's Academy, Court
and Central SITS, Robert Minor, Jan. 22,
columbus-Robert Minor. Jan. 20, .
'Akron-zioIer Hall, vorls and Miami
AS cant sSoscs Mn0r m HaG Han s1o {.
Tuscon ST., Robert Minor, Jan. "a,
Yorkville--Miners' Hall, }. Williamson.
Neffs7J.' i Williamson, Jan. "a, 2 p. m.
| ToIedo-Robert Minor, Jan. 10, 8 p. m.
Lorsn-Jan; Y, 2 ?; m. ., -
steubenviIIe-5rahtin, Jan. "a, p. m.
sellaire-s. Amter,. Jan. "a, 2. m.
Neffs-Jan. "a, at 2 p; M, at pernsck
/ Hall. Speakers: John Williamson, Con
okraska and r. sePieh:.
|
Baltimore Meeting Friday.
BALTIMORE, Nd, Jan. 90 The
Workers Party will have a Lenin
memorial meeting on this coming Fri
day, JAN %, at the Conservatory Hall,
1929 E. BALTIC. street, at D. M, with
| jay Lovestone of the central execu-
tive committee and Norman fallen
tire, district organizer, as the main
speakers. A musical program will be
included.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1926-01-22
POSTPONE Disarmament Meet.

Postpone DIsarn1an1ent Meet.
GENEVA, Jan. 20-The preliminary
disarmament conference scheduled to
meet on Feb. Is will probably be post
,oned until Germany has entered the
eague Of nations, it was learned here
oday.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-08-28
B. & 0. HAS $1,412,63O
GAIN IN NET INCOME
July Figures Compared With Year
Ago-Road Operating at 16
Per Cent Earnings Pace.

Special Dispatch to The star.
BALTIMORE. August 3s. 1870 The
Baltimore and Ohio reports an In
crease Of $1,412,s30 in net railway
operating income for July, compared
with the corresponding month year
ago. -..
The company spent $465,O55 more
on maintenance OF way and structures
than It did in 1925, but curtailed ex-
penditures on equipment to the extent
Of $190,17O.
Railway operating revenues of the
Baltimore and Ohio for July We're
$1,731,1O3 greater than a year ago.
For the seven.month period they
showed comparative gain Of So
572,198. The increase I'm operating
expenses for the month was $453,S57
and for the seven months $3.347,01S.
The gain Of $6,507 SOL in net rail.
way operating income for the seven
month period Is equivalent to more
than "A per cent on the company s
common capitalization. Surplus after
charges from January l. to July 81
more than sufiiced to take care of
the common dividends for the entire
year at the present 5 per cent rate.
II the remaining Ave months Of the
year produce the proportionate year &
earnings they did in former years, the
Baltimore and Ohio shotild earn In
1925 approximately Is per cent on its
common stock.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-08-28
S. A. L. HAS BETTER JULY
THIS YEAR THAN LAST
Nine Per Cent Increase in Gross
Opera ting Revenue Shown in
Monthly Earning Statement.

Special Dispatch TO The Star.
BALTIMORE. August 2S.-Seaboard
Air Lines gross operating revenue for
July was $4.s95,347, exceeding the
same month last year by $406,533. or
q per cent. This represented the
twenty. consecutive month In
which an increase has. been shown.
Net income available for adjustment
bonds was $215.s40, or $1s,067 better
than July, 1925.
In the first seven months gross
revenue totaled 39.990.S61, an in
crease Of $3.50 SIS. or 1874 per cent.
Net income before adjustment inter-
est for the period was $2,1S2,265 or
$685., 49O in, excess Of the comparative
1925 period.
Net income for the seven months
was equivalent to 81 per cent on the
$25 ,OO0, 900 adjustment bonds. or near.
ly 81, 900 900 in excess Of a full years
interest requirements.
Equipment and joint facility rents
increased $7SS,SS7 in the period. and
fixed charges were $4S3.S51 larger
than in the first seven months of 1925.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-08-28
SOME BRlTONS FIGHT
STAPLE STANDARDS
Europeans to Send. Statement to
U. S. Early Next Month Re-
garding the Matter. -.
Ry the A ssOciated Press.

By the Associated Press.
LONDON, August 2S.--The West
minister Gazette announces that the
Liverpool Cotton Association has call
ed a meeting of representatives of
European cotton exchanges for early
September in London to agree on a
state4hent to be sent to the United
States Department Of Agriculture re-
garding staple cotton sta ndards.
The newspaper says the opinion ia
growing in Lancashire that the
American Department of Agriculture
Ia trying to enforce the adoption of
staple standards against the European
wish and that the Liverpool associa-
ton, with the assent Of the Master
Spinners' Federation and the Man
chester Cotton Association, will sub
NIT at the London meeting state
ment entirely opposing the staple
sta nda rdS.
Recently representatives Of various
cotton associations of Europe and
America met at the American embassy
In London with representatives of the
United States Department of Agricul-
ture to consider questions relating to
cotton staple standards. No definite
decision was rea ched. as the ma jority
of the representa- tives of the Euro
pean cotton associations were unwill-
ing to. take action toward an agree
ment.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-08-28
BIG RAILROAD SURPRISES SEND
STOCK PRICES UP ON EXCHANGE
Industrials Mark Time, Indicating Profess
sional Market-Public Entry to
Trading Is Predicted In Fall.

stantially what II was in the la at
week Of August. 1925. The 5 per cent
money rate established for standing
call loans this week indicates nothing
except that the supply of funds for
Wall Street uses has been curtailed
by the withdra walls for the crop move1
ment.
For the last four years. call money
has f1uctuated over a range between
3h and per cent and whether it IL
the low figure or the high figure which
prevails, has mea mt little in fina ncial
calcula tions.
The immense resources of the Fed.
eral Reserve are what count During
this four-year period. changes in the
Federal Reserve r~<iiscount rates,
whether up or down, have been ma de
much of beforehand. but have not
lasted long as an influence after the
formal announcement was made.
Frame Shows Little Change.
The rise in French bonds, which has
been the feature Of the week In the
bond market, has not been accompa-
MED by any change to speak Of in
French francs 1t has looked as II
the efforts in all the three currenoies
which have been badly hit this sea
son-French, Belgian and Italian
have looked for sterilization around
present levels rather than toward
bringing about much OF a recovery
The trouble with rally In any OF
these would mean that 1t might dis
organize industry, which has become
adjusted to low valuations for its
paper.
The commodity markets, as usual
at this time Of the year. are essen
TALLY. weather markets. Their fiuctu
atoms from day to day depend very
largely on the weather news and how
1t Is likely to affect the crop. The
next reports for both corn and grain,
which will he out early in September
will show further depreciation, 1t Is
anticipated. But this Is normal for
the month of August.
1t is an old story to say that gen
eral trade has held up exceptionally
we'll during this Summer at a time
when IL is accustomed to fall away
Still, this is the main sustaining in
fiuence in the whole situation, in
which the, auickening of activity that
ordinarily comes in the Autumn may
show some extraordinary results.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-08-28
HOPE FOR OIL MARKET.
Activity in Petroleum Shares Gives
Rise to Election.

NEW YORK, August % R.-Re-
vival of strength and activity in the
oil shares yesterday has revived hopes
that Wall Street may. yet witness an
old fashioned "oil market" before the
bull movement, which has been under
way with few Interruptions for two
years. is terminated.
The oils have made several false
starts In that period. but each time
the buying movement has quickly
died down, due largely to the over
production Of crude oil. which, has I'M
settled the industry.
Crude oil production has increased
steadily for the past two months. but
the price structure has remained
stable because of record breaking
gasoline consumption. Most OF the
big oil companies are making money
and outward signs appear favorable,
but there Is no telling what will hap
pen to the oils.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-08-28

Rains Have Injured Some Harvest
ed Crops in Fields.

NEW YORK. August 2S.-Brad-
streets says: Weather and crop de
velopments have had varying effects
on business Widespread and contin.
nous rains have acted to retard the
seasonal trend toward enlarged Fall
buying. have injured harvested crops
still in the fields. and increased the
fear of insect damage to cotton In
the Southwest. but have very gener.
ally improved the corn crop east Of
the Missouri River.
On balance. the general trend has
been toward improvement. the better
ment I'm the corn crop in the Middle
West, the slightly more confident tone
Of the textiles. part of this based upon
stiffening of raw cotton due to re-
duced crop estimates. and a further
acceleration Of the pace Of industry
tending to offset the failure Of retail
buying, although stimulated by clear
ance sales market weeks and styJe
shows. to expand as much as ex.
pected. Weekly bank clearings.
s,267, 772.0oo.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-08-28
RY STUART y. WEST.

Special Dispatch TO The Star.
NEW YORK. August %. Railroad
shares of the higher class have been
the leaders Of the stock market dur
ing the last week. Among these some
notable advances have occurred. The
rise In this quarter. while involving
certain admixture Of speculation.
has probab bly, mostly represented In
vestment operation.
Stocks like Union Pacific, New
York Central. Northern Pacific. Atchi-
son. Great Northern preferred, Della.
ware and Hudson. not to mention
numerous others. beca anne intrinsicaliy
more valuable during the period of
wears when SURPRISES were being de-
voted TO extra expenditures for the
Improvement of roadbed and equip
ment, rather than to the increase or
dividends. Investors have recognized
this fact, and for a good while past
have been taking up these stocks.
The July profit statements have
given plain testimony 10 the ability
of most Of the roads. now that their
maintenance appropriations nave
been cut to normal. to make their net
ipcrea SEES correspond to their gross
increases. This was something that
was rarely seen in the years between
1920 and 1925. 1t constitutes rational
ground for belief that the SURPRISES
as they now accumulate will he in
part. at least. transmitted to share
holders.
Crop Movement Is Factor.
This would not occur. naturally. II
ANYTHING went wrong with the crops.
ar II there were showdown In the big
volume of freight business shown by
the weekly figures as passing over
the railroads. Nothing is wrong with
the crops so far. except some local
damage to corn and cotton, ana. as
for the movement of merchandise
rates. there is no let.up here and no
signs of one.
comparing the industrial section OF
the market with week ago, numer'
Gus advances have occurred in special
stocks. while the main body has done
little. Judged by the total transac-
tions they would show no increa sc
from day to day. The conclusion Is
that outside interest is not spreading
and IL IL for this req son that the mar
ket is described by most critics as
professional market. The meaning OF
this is that the bulk OF the buying and
selling originates with Wall street
dealers rather than with outsiders.
wear ago the public did not begin to
flock in until October and November.
Some observers think that history
may repeat itself this year.
The principal doubt lies In the fact
that last year Wall Street did not
have TO face political uncertainties.
This year 1t does.
The Federal Reserve ratio is sub
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-08-28
DURANT SAYS LEAVE
"SHORT" SIDE ALONE
Asserts He Is a Bull" on America
and American Institutions.
Praises Coolidge.

BY the Associated Press.
NEW YORK. August 2s.-Wiliiam
c. Durant, automobile manufacturer
and stock market operator. just prior
to his departure for Europe on the
Majestic today. broke his long silence
regarding his market operations by
declaring that he was a bull on
America and American institutions
and an admirer of our worthy
President and his splendid admins
tration."
For several weeks past extremely
sensational, and ! nmany instances
most ridiculous reports of market
activities conducted by me have been
printed and scattered broadcast over
the country" he said. These re-
ports. intended to influence market
fluctuations, was not in a position
and too busy to deny.
"Apropos of my opinion Of the
market, and In answer to many in
quirers, If securities are carefully
selected and represent sound values.
person if he cares to, may take a
trip to Europe and not worry about
the day-to-day market changes
which are often Influenced by man.
ipulation rather than by legitimate
supply and demand.
Stocks like General Motors and
u. s. Steel need no individual or
syndicate manipulation to popular
ize the issues. Good earnings. good
management, good products, enor-
nous cash reserves, sound policies
and practically unlimited resources
and credit sooner or later give to
such stocks proper market value
and a substantial public investment
following.
TO the individual speculatively in
clined who is in the habit of follow
ing the professional bear contingent
the following suggestions might be in
order: If you do not think a stock is
worth the money, in my opinion, 1t
Is safer to leave 1t alone than TO sell
it short"