davidaulloa/AmericanStories huggingface dataset:
Evening star., 1927-10-17

NEW YORK. October IT ODD
rectors of Consolidated States Tele-
phone Co. today declared an initial
quarterly dividend Of SO cents a share
on the class "A" stock, payable No
vember / to holders of record Octo-
ber 20.
Evening star., 1927-10-17
Fishers Price Index

The following table shows the aver
ece movement from week to week
~ of the wholesale prices OF zoo rep
resentative commodities (from Dun's
Review and (2) of the purchasing
power of the dollar:
Evening star., 1927-10-17
COPPER ADVANCED.

NEW YORK, October II L4o.-The
price of copper for export has been
advanced 10 points TO 1860 cents a
pound, elf. European ports, by the
Copper Export Association.
Evening star., 1927-10-17
RUBBER UNCHANGED.

NEW YORK, Oct 0ber II (SpeciaD,
Crude rubber, SIN ,ked ribbed sheets,
remained unchanged at today's noon
quotation Of 34A. This compared
with 33% a month ago, and 1412 q
year ago.
Evening star., 1927-10-17
OIL OUTPUT DOWN.

NEW YORK. October II R).--
Crude oil production in California last
week averaged 633, 500 barrels daily,
a decrease of 1900 daily compared
with the week before
Evening star., 1927-10-17
MEX|CO'S BUYING
POWER CURTA|LED
Imports From u. S. Are Need
ed More Than Her Exports
Are by World.

Special Dispatch to The Star.

NEW YORK, October 17.-Mexice
| faces decided falling off in trade
with other nations, especially the
United States, as a result Of the re
cent political and military disturb
| ances south of the Rio Grande. The
| United States. according to the De
partment of Commerce, has been send
| ing about $135. 100000 worth of goods
| q year to Mexico.
Exporters today seemed unanimous
| ly of the opinion that the recent dis
| turbance would cut that total ma
terially. Mexico has been buying 81
per cent of her foreign goods from
the United States, II per cent from
Great Britain and 13 per cent from
Germany. Where Mexico will be hurt
is in the amount of goods she sells
the greater part of which came to this
country.
The present Mexican government Is
vehement in asserting that the revolt
is of @ minor nature and now is over.
Those merchants here who have done
business for years with our Southern
neighbor, do not place undue en-
phasis on the Serrano-GOmez revolt,
but neither do they minimize the
after-effects of the outbreaks.
Costly to Revolutionists.
The revolt has already cost the
revolutionists some $50 lives. Every
one of the men executed had ms
following, since Mexico, after all, is
feudal as the castle of q robber baron
on the Rhine centuries ago. These
followings have only the hills and
iungles for refuge. Most Of the fugi-
tives are afraid to return to their
homes SO they must continue to be
revoIutionists or bandits, the appel
lation varying according to the view
point of the person applying 1t. Since
they must live, naturally their hrst
thought is of loot, and, of course the
most valuable loot is owned by for
eigners.
Such is the situation which export
ers fear will operate to restrain trade.
They foresee the cutting of railroads,
destruction of bridges. looting of
mines, oil fields and warehouses and
the seizure of plantations. Even well
trained troops are helpless to cope
with such depredations, as was proved
when the American forces were in
Villas territory, and every such oc-
currence adds to the timorous feel
ing of shippers Of goods.
The revolt has come at time when
Mexico needs foreign goods far more
than foreign nations need Mexican
products. The huge flush production
Of the Seminole and West Texas fields
has cut down the need for Mexican
oil. Production in the Tamaulipas
AMI Vera Cruz fields. already curtailed
as a result of the disagreements over
the land laws with the Gales admins
tration, has been still further re-
stricted.
Evening star., 1927-10-17
POLISH FINANCES
NOW HELD 4S0UND'
People Rejoicing Over New
American Loan and
Sterilization Plan.
By Cable to The Star and Chicago Daily
News. Copyright, 1927.

By Cable to The Star and Chicago Daily
News. Copyright, 1927.
WARSAW, October 17.--The new
American loan and stablizating plan
not only seem to place Polish
finances on a sound basis for the next
few years, but is regarded here as
another manifestation of the growing
control of American banks over
Europe.
Dictator Pilsudski throughout the
negotiations has belied his reputation
as a romantic dreamer. 1t required
real courage to accept all the condi-
tions imposed by the foreign bankers,
in view of numerous susceptibilities of
Polish opinion regarding the question
of national dignity and in view of the
popular overestimate of Poland's
economic strength.
Public Studies Conditions.
Even now, after the first rejoicings
over obtaining the loan,s the public is
beginning to count the cost and look
carefully at the conditions. Criticism
is aimed chiefly at the power given
the American adviser, Charles Dewey,
and the requirement that three.
quarters of the sum obtained must be
spent on stabilization
IHe NATIONALIST right, which last
year Illuminated against the idea of
a controller, now accepts this quietly.
probably under the influence of the
big industrialists, whose money is
needed for the approaching elections.
Under the same influence they bewail
the fact shat credit for industry is
not included in plans for use Of the
loan.
Monopoly Feared by Socialists.
Fear is expressed lest the wide pow.
ers Of the adviser be used to secure
monopoly for a group of banks which
supplied the loan. The Socialist or.
gan, Robitnik, calls the American ad-
wiser the new sovereign In Poland"
The paper enumerates the powers to
control expenditures, to control GUS
toms revenue as security for the loan,
to conrtol expenditure of the treasury
reserve. to control distribution of cred
its in loans for agriculture. to have
Evening star., 1927-10-17
Reserve District No. !
No
~ 49, REPORT CONDITION
the
COLUMBIA NATIONAL BANK
D. october TO- 1921


Loans and discounts including rediscoun accepances
= ISs, . :: r @ e $
a aDeposed circulation U s. bonds
An AUSa other W United States Government
Guiding premiums, If any 2OSS2l49
Total ................... 45ss2149
Other bonds stocks securities 566O275o
Bantns ] houss S F ernRs Rne ane Bn BaGe sSsss
in banks 26s52951
tsags s ng M ss sns % soas n included items and
l' o bank Other @ @ than item l2S
5 IT, Redemption fund with u Treasurer due fromU
Treasurer 12"OOOo
Total S50o60648
LIABILITIES.
Surplus 4OOOOoOO
expenses 8921s6
Reserved for taxes INTEREST," etc. accrued l2issss 25ss
Amount due Federal Reserve Bank deferred
e. % %ount @ due to % sate anEs bankers and trust companies in
S.; 4s.ssss3 IL,
............... 13s4s55
an % deposs' subject to
B"S1 jSS's S5Sss subject " check '''sS sS
Total demand deposits lher
Tines deposits s subject @ to % reserve payable after days or
- subject to 80 days or more notice and postal savingc
ps1 1s5%s % sypssS ssfsHsao 'ss4s sis3;
Total Of deposits to items
SSbSSbsOo
City Of washington District Of Columbia; -,
that cashier Of the & % bank do solsnqny swear
that the above true the best Tc a1a Ss cashier
] and sworn " before me @ JOHN M va ay seo iSs Sa s Public
c6rrect-Attest: -
Y GTas sAFRSeF Es2Ey RTyA11 5o1F JONES Il EER MEsfEF
ALBERT ALBERT FOX, wALTER Frs s PRATT PRATT. Jri
DAVID J. KAUFMAN FRANK J. STRIKER,
Evening star., 1927-10-17
SILVER QUOTATIONS..
GERMAN BONDS AND STOCKS.

NEW YORK, October II (A9.-Bar
silver, 56A; Mexican dollars, 42A.
Evening star., 1927-10-17


RESOURCES.
l. Loans and discounts, in
cluding rediscounts.
ceptances of other banks
and foreign bills of ex-
change or drafts sold with
Endorsement of this bank .S52S, ,673 96
z OVerdrafts unsecured ..... 10S.40
3. u. 5. Government securities
owned ,......:.......,. 15.s06.25
4. Other bonds. stocks. securi-
ties, etc. owned -. 145.433.02
q, Banking house, $I29, ,760.61:
241.31 ..:............ :. 13S. .0O1 92
10. Cash in vault and amount
due from national banks. 149, ,265 As
IL. b Miscellaneous cash items 1,629.72
lS. Other assets ............. 10000
Total ...........,..$9 1913. .9ss.93
LIABILITIES
10. Capital stock paid in .... 81 100, 900 90
20. Surplus fund ............ 21,000.00
II. Undi-
vided
prof
its. .s1o,54719
b Re-
s.. serv-
ed for
depre-
cIa-
ton. 1021s3
$50. .56902
Evening star., 1927-10-17
Monopoly Feared by Socialists.
REPORT OF THE CONDITION
of the
MCLachlen Banking
CORPORATION

At Washington. in the District of Columbia
at the close of business on October 10,
Evening star., 1927-10-17
NEW YORK CURB MARKET
Received by Private Wire Direct to The Star Office
INDuSTRIALS.

Following Is the list Of bonds and
stocks traded In on the New York
Curb Market today:
Evening star., 1927-10-17
Foreign Weekly Index.

Crump's Hondon Financial Times)
index number for England:
Evening star., 1927-10-17
REPORT OF CONDITION
Of the
Northeast Savings
Bank

At Washington in the District of Columbia.
at the close of business on October 10, 1927 :
Evening star., 1927-10-17
REPORT or CONDITION OF THE
National Capital Bank

At Washington, in the District of Columbia,
at the close Of business on October TO- 1927,
Evening star., 1927-10-17
REPORT OF CONDITION
OF the
CHEVY CHASE
SAVINGS BANK

AT Washington, D. c., at the close of bust
ness on October 10, 1927.
Evening star., 1927-10-17

Charter No. 1925.
Evening star., 1927-10-17

LIABILITIES.
10. Capital stock paid in.... S15OO00.O 90
3o. surplus fund .;......~.. 100000
2l. u n q v d ed
profits .... SCI 9fS.50
b Reserve for in
terest. taxes
and contin-
gences ...... 2.37220
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-06-21

because of the greater operating
radius required by United States YES
sells, owing to the lack of naval bases,
and because of the huge superiority Of
swift merchant vessels which Great
Britain possesses, capable of being
converted in time of war and mounted
with 6-inch guns.
Under the terms of the Washington
conference the size of cruisers was
limited to 10000 tons and a cruisers
guns to 8-inch. These agreements
would be abandoned IL the British plan
were adopted.
Has No Corresponding Gun.
The British have proposed that the
size of the guns carried by battleships
be reduced to 1875. The Washington
treaty limits them at 16 inches. This
country has discarded r. and IA inch
guns for the 16-inch. 1t has no gun 70
correspond exactly to the British 1875.
Getting back to the japanese pro
posal for q naval building holiday,
which amounts to a retention of the
status quo after the present programs
have been completed, it may be men
toned that Japan is at present build
ing destroyer leaders and IA new de.
stroyers: that Japan is constructing y
fleet submarines, and the United States
only 3.
Furthermore, the Japanese proposal
does not cover smaller types Of yes
sells which may be developed strongly
within the next few years.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-06-21

tax rate and assessment value basis.
1t further shows that while there has
been a general tendency to stabilize,
and. indeed. in a greater number of
instances, to cut municipal taxation.
on the contrary, Washington has
shown a steady increase, not only In
it's tax rate. but in assessments. We
desire to point out to you that TINS
community Is one of the very few
which actually assesses property on
fair true.market value to the point
of between 50 per cent to 100 per
cent, and that while other cities have
a legal assessment rate of 100 per cent
they frankly admit they make no such
attempt The general raise in assess
ment this year throughout the city Is
a little over 20 per cent, and means
a raise in values from 10000, 600 to
$1,150, 000, 900.
I'm some instances assessments
have been doubled and even tripled
what they were last year. We can
not help but feel that it is our duty.
representing a membership of 5000 OF
the leading citizens of the District,
who are not only business and pro
fessional men, but who occupy va.
ried positions in the community, and
upon whom the burden of taxation
rests heavily, to voice our protest In
the rising tax rate and assessments.
This organization has striven for
SO years for the advancement OF
Washington. and has achieved many
outstanding accomplishments for the
community, and is on record for piac-
tically every Improvement contained
in the 1929 estimates, yet it feels that
it's responsibility to the citizens of the
District must necessarily place it In
the position of being their champion
against any possibility of an increase
in the burden of local taxation.
"If the citizens of the District are
10 bear q greater burden of taxation,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-06-21

under which she was convicted; In
spite of the fact that the courts have
adjudged that in joining the Com
munist Labor party she violated the
criminal 'syndicalism act; I'm spite OF
my belief that nothing is more neces-
sary than to instill into our f.eople
healthy respect for the dignity and
majesty of the law.
Reasons for Granting Pardon.
az am issuing this pardon because
I do not believe that under ordinary
circumstances this case would ever
have been brought to trial; because
the abnormal conditions attending the
trial go a long way toward explaining
the verdict of the jury; because / feel
that the criminal syndicalism act was
primarily intended to apply to organi.
cations actually known as advocates OF
violence. terrorism or sabotage rather
than to such organizations as COM
munist Labor party"
The governor stated that the judges
connected with the case as we'll as the
authors of the law united in urging
nardon. He also found that the evil
dence at the trial and testimony OF
Miss Whitney's acquaintance show
ell her to have the utmost respect for
the law and to be averse to violence
in auy form"
Her imprisonment might possibly
serve a harmful purpose by revlvlng
the warning spirits of radicals. through
making her their martyr, because,
| whatever may be thought as to the
folly OF her misdirected sympathies,
Miss Whitney. lifelong friend of the
unfortunate. in any true sense, is not
criminal. and to condemn her, at
60 years of age. to felon's cell is an
action which is absolutely unthinka-
BILE" the governor concluded.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-06-21
Finally Ends Fight.

Miss Whitney gave up the fight
after the last Supreme Court ruling
She maintained that to have asked
pardon for herself would have been a
tacit admission of guilt.
She was arrested in Oakland in No
vember, 1919, after delivering speech
in defense of John Ntzhugh,, accused
|. w. w. leader Her arrest came
after she had defied city authorities
by making the speech.
In explaining his reasons for the
pardon last night, Gov. Young main
tanned that Miss Whitney could not
be classed as criminal" Concluding
his 5,O00-word statement, he said:
II am issuing a pardon for Charlotte
Anita Whitney in spite of my insist
ence that under all ordinary circum'
stances the verdicts of our courts
must be upheld; in spite of the I'M
doubted constitutiOnality of the law
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-06-21
Urges Submarine Pact.
JAPANESE NOT SATISFIED.
American Proposal Called Restricted
Armament Expansion.

TOXIC, June 81 R9.--The naval
limitation proposals presented at yes
terday's opening session of the tri-
partite conference at Geneva reached
Toxic too late for comment in today's
newspapers, but advance copies of
tomorroW's editorials show that the
Japanese papers are far from satisfied.
Hochi Shimbun describes the Ameri-
can proposition as "a sort of restrict
ed armament expansion" and declares
that application of the Washington
5-5-3 ratio to vessels other than cap
ital ships would cause more loss to
Japan than to either the United
States or Great Britain The paper
therefore asks that the British and
American delegates consider Japan's
viewpoint more seriously.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-06-21
Assigned to Airplane Course.

Second Lieut.. Roberto F. Mendez,
Peruvian Army, son of Col. Carlos "A.
Mendez, director of Engineer Service,
Peruvian Army, has been authorized
by the War Department to attend the
airplane mechanic course at the Army
Air Corps Technical School, Chanute
Field, Rantoul, ILL.,, beginning July l
next.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-06-21
ENGINE DELAYS AIR TRIP

BAGDAD. Asiatic Turkey, June 81
P).-Van Lear Black, Baltimore pub.
Usher, hoped off this morning with
the intention of reaching Buuder
Abbas. Persia, but he was compelled
to return shortly, owing to engine
trouble.
Mr.. Black is on an air voyage from
Amsterdam to the Dutch Indies. his
chartered plane being in the hands Of
two pilots.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-06-21

if more taxable property is to be
withdrawn by the Federal Govern
ment, then it is only just and proper
that Congress should contribute a
greater measure to the upkeep of the
National Capital, for which, by law,
they have made themselves re-
sponsible."
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-06-21
HIS HEART "MISPLACED."
Nan Injured in Railway Crossing
Crash Gets $4,000 Damages.

ATLANTIC CITY, n. j.. June q
R).-Charging tina his heart had been
misplaced" in a crossing crash, Vic
tor Fowler Thompson of Pleasantville
was awarded $4,000 damages by a
jury Yesterday in a Supreme Court
action against the West Jersey & Sea
shore Railroad Co. and the Atlantic
CITY & Shore Railroad Co.
The case was tried by Judge w
Frank Sooy in seven and half hours
and the jury returned the verdict In
little more than II minutes. Thomp
son had asked $4,000.
Dr.. James Morgan, Philadelphia
corroborated Thompson's claim that
his heart had been pushed over to one
side from its normal position.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-06-21
WOMAN PARDONED
| AS PRISON LOOMED
6O-Year-0Id Welfare Worker,
Convicted of CommuniSt;c
Activity, Is Freed.

BY the Associated Press.
SACRAMENTO, Calf, June 21.-A
seven-year fight in the courts over the
conviction OF Miss Charlotte Anita
Whitney, prominent Oakland social
worker, on a charge of violating the
California criminal syndicalism law
has ended with the issuance of an un-
conditional pardon to the 60-year-old
defendant by Gov. G.. c. Young.
The pardon frees Miss Whitney of
the stigma of convict and spares her
from a 1-to-14-year sentence in San
Quentin Prison, which has been the
object of much of her welfare work.
Executive clemency was requested
by hundreds of people in all walks of
life after the United States Supreme
Court had twice considered the case
and upheld both the constit1ltionality
of the law and Miss Whitneys cOnvic-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-06-21
BRITISH SEE BIG SAVING.
Proposal to Postpone Requirements
Attracts Taxpayers.

LONDON, June 81 R.-Calculations
that postponement of replacement of
capital ships in accordance with the
British proposals would save the
country forty to fifty million pounds
attracted the notice of the British tax
payer today more than any other fea-
ture of the opening of the Geneva
naval conference. He did. not cavil at
the fact that the United States would
save a similar amount, while Japan
would be richer by f2S, 100000.
The respective proposals of the
United States, Great Britain and Japan
were set forth prominently by the
morning newspapers, but the COM
ment was scanty, confined for the
most part to Enforcement journals.
The Liberal News approves the
British proposals to a certain ex-
tent, but fears they might lead to
competition in cruiser building, which,
it says, is as disastrous as the old
race for battleships. The paper wants
the admiralty frankly to avow that
it does not object to America building
cruisers right up to the British limit
if she chooses, partly because "if the
Americans choose to build, nothing
can prevent Them" and partly be-
cause ''it is inconceivable that the
American Navy can menace Great
Britain"
Urges Submarine Pact.
The News sees a greater need for
an agreement among the European
powers respecting submarines and
other small craft.
This point is also emphasized by the
Liberal Chronicle, which contends
that apart from capital ships, British
requirements are in nowise conditional
on anything America does.
The Labor Socialist Herald sees no
prospect of good arising from the
conference, whose motive, it says, is
not peace, but economy. 1t declares
that whatever arrangements the three
powers make, the cause of peace will
not be advanced jot; war will only
be made cheaper.
JAPANESE NOT SATISFIED.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-06-21
Many improvements Needed.

VudHy Improvements ANCCuCu'
1.-THE entire question" the boards
statement read, resolves itself into
two fundamental premises:
a. There are great many i'm
provements which are needed for the
development of Washington and can
only come by fair, equitable contri-
button from the Federal Government
and a fair amount of taxes paid by the
citizens of the District.
"2. The available taxable property
cannot yield enough revenue to sus-
tain a large budget if the Government
is to contribute continually the sum of
1000, 900 and there is only the alter
native of pairing the budget or an
excess tax burden on the citizens.
"While it Is highly desirable that
the development of Washington should
continue upon as progressive basis
as possible, yet, on the other hand,
this board sees a grave danger in the
increase Of local taxation and munich
pal financial obligations. This danger
involves, primarily, the very basis
upon which rests the prosperity OF the
city, that of financially well.on and
economically sound community. The
present situation in Washington, both
commercially and from the point OF
view of the home owner and the fam
ily head, leads US to believe that any
increase in the financial burdens
placed upon the citizens of the DIS
trict at this time would be fraught
with grave danger.
"A study of the tax burdens on
property in other cities shows WASH
ington well at the top in It's present