davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-06
BY WILLIAM f. HEFFERNAN.
Special Dispatch to The Star.

@P'Nia' OieDdtch 10 Inc star.
NEW YORK, January 6.-The
action of the curb market today
showed plainly that the point had
been reached where some new stimu-
lus would have to be developed in the
outside situation before anything
could be expected of the main body of
stocks one way or the other.
Trading was almost entirely in the
hands Of professionals. Here and
there special stocks which were
thought to be in position to offer a
chance for speculative profit were
taken in hand, but these operations
failed - attract a public following.
The low-priced public utilities gave
the best account of themselves, al
though the Improvement was slight.
United Light and Power class "A
was actively taken above 14A, where
it left off Wednesday. and Electric
Bond and Share continued to respond
to prospects of favorable dividend &C
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-06
LOADINGS SET RECORD.
$780, ga Cars Filled by Rail-
roads of U. S. in 1926.

The railroads during 1926 moved
the greatest volume of freight for a
year on record. The American Rail
way Association reported. the So
weeks period ended December 25
showing a total loading of $1,000. ga
cars
This was an increase of 2.O85. 492
cras, or Al per cent, over the best
previous mark, esta blished in 1925.
The loadingS exceeded during 81
weeks of the past year, / ,000, 900 cars.
an increase of Z weeks over 1925.
and for the first time on record there
was weekly average loadings in ex-
cess of 10000 cars.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-06
HEADS DISCOUNT FIRM.

NEW YORK, January CP).-B.
A. Mcdonald, former president of the
Commercial Trust Co. of Chicago,
has become president of the Refrig-
Grafton Discount Corporation, and also
vice president and treasurer of the
parent company, the Electric Refrig-
Grafton Corporation
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-06
Washington Stock Exchange


SALES.
Washington Gas $500 at 100
Washington Gas Is '33--S1 900 at 103.
Norfolk e. Washington Steamboat Cos
at 275. 10 at 215.
Potomac Electric pfd-10 at 10Y q, at
1879
Washington Gas Lights at 71ss. at
7ls4
Federal Storage Co. pfd.-10 at 10.
Lanston Monotype-10 at "a "a
Merchants Transfer & Storage pfd.--10 at
1909.
AFTER CALL.
Merchants Bank & Trust Cos at 1853.
Capital Traction Cos at 1881 3 at
1922.
Wardman Park Hotel 5hs-S1 900 at
97M $1,000 at 971s
Lanston Monotype-20 at 90 "a
Potomac Electric Power pfd.-5 at f07 n :.
Mnney-Can loans. and per cent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-06

One million railroad ties are being
shipped from RhodcSia to South
AfEica railroads.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-06

Fur felt hats made in this country
in the last year were valued at more
than $50 900 900
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-06
WILL LOAD ASPHALT.

BALTIMORE, January 6 (SpeciaD
The Norwegian steamer TOriak
Akogland, bound here from Poti with
manganese ore, will load the first full
cargo of asphalt in barrels shipped
from this port. 1t is being exported
by the Mexican Petroleum Co. from
its plant in Curtis Bay and is for
delivery at Hamburg.
England needs 100, 900 more houses
to shelter all of its people.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-06
THE BUSINESS OF GETTING
AHEAD.
Backing Winners Investment Polio,


The quest among investors large
and small for new born industries
which, like the automotive trade, will
soon grow from infants into giants
goes endlessly on
Within industries. those with CAPT
tai to invest are ever searching for
newcomers which can duplicate the
success of the FordS, the WoolWOrthS
and the Rockefellers. That such i'm
pulses are eternally operating as In
vestment motives is amply proved by
the data in the prospectuses and sales
mems kits OF nearly every blue sky
promoter in the country. Vendors of
new and untried enterprises seek to
win' confidence by directing attention
to the successes of established con
Germs in the same industry BY power
of suggestion, which cannot be regu-
lated by statute, the swindler conveys
the impression that what the going
concern has accomplished, the new
enterprise will also achieve. Such an
assumption is wholly illogical, but the
fact that the argument sells bad
securities indicates that it is based on
sound selling psychology
1t is desirable that there should
be a Willingness on the part of ven
turesOme souls to entrust part of
their surplus to the financing of new
ideas. Progress in the industrial
world depends on incessant expert
mentation, and some one has to pay
the freight One of the primary So
cial objections to the sale of fake
stocks is that it absorbs speculative
capital in fraudulent enterprises
which should be used to carry on the
processes of trial and error at the
frontier of industrial advance.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-06
n INDUSTRTALS

Following is list of bonds and
stocks traded in on the New York
Curb Market today.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-06
GERMAN BONDS AND STOCKS.

Quoted in dollars per million marks)
Bid. Asked.
Ger Ct Nv In) 5s 1914-1S 100000 205O 90
Hamburg 4 hs 1919. 10000 1000
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-06
Picking Winners Risky.

Picking winners at the frontier is
charged with large risks. That even
astute millionaires frequently Judge
wrongly is revealed by accumulation
in their estates. as disclosed after
their death in the activities of probate
courts, of shares of oil wells that
spout only stock certificates and
mines that produce nothing but re-
grets for their owners.
Neither the millionaire nor the
workingman can afford to put good
money into fraudulent enterprises.
For the poor man, the process in
wolves loss of the protection of his
savings which separate him from
pauperism. For the rich man, such
an investment" is an unwilling be-
trayal of a trust to use his wealth
wisely.
But what about legitimate indus
trial experiments that may or may
not prove profitable? Such innova-
tons, If properly conceived under
capable auspices. deserve the support
of capital, but all men are not in po-
sition to contribute to this activity
The individual of limited means can
not afford to risk his savings on pros
poets, no nlatter how promising they
may be. The individual of large
wealth, however. might well allocate
portion of his estate for the highly
speculative purpose of financing new
ideas, new enterprises and backing
new personalities.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-06
Frittering Away Money.

The widespread assumption of the
small investor that he has to get into
something new if he wishes to make
a substantial profit is based on fall
lacy. The individual who takes this
view assumes that the economic
growth of the country has stopped,
and that the large concerns can only
hope to earn the going interest rate on
their invested capital. The hunger for
extraordinary profits drives individuals
of small means into fantastic schemes,
which are the means by which, accord
ing to an estimate by Secretary Mel
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1927-04-29

There is United Front of the Special American Federation
Of Labor Committee headed by Vice President and the Ma
ona Civic Federation dominated by the most powerful cap
tass in the United States.
Matthew Vol connecting link in the conspiracy With
him in the Civic Federation is:
ON THE EXECUTIVE COMMITTEE, NATIONAL CIVIC Fedora
TON. ~ O rNONi"A-
William Baldwin, Chairman Board Elevator Co.
Director, American Co
Employers Liability Assurance Corporation Director.
Member u Branch Advisory
Director, Hale and Kilburn Co.
Director, Home Insurance
Director, Martin Rockwell Corporation.
The Director Of Metropolitan Trust
Director, National Co.
resident and Director of the Otis Building Company.
Chairman Of the of
Canada ~ -s"Of wv
Director of Sundh Electric Co
The Director Insurance Co in the ctv of
Trustee U. S. Savings Bank
of Cheera
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1927-04-29
Twelve Known Dead in
Automobile Shop Fire

Continued from, Page One)
gone many feet the explosion filled
the room with flame. A second expIo-
sion followed in few seconds. Brick
walls crumbled. Sections of floor
crashed to the floor below. One work
err was blown out of a fourth-story
window to the pavement. Bricks
showered on the sidewalk across the
street, in one instance breaking the
windows of restaurant. The cloth
ing was burned from the bodies of
several wrkers. How many were bur
led in the ruins no one knows. Twenty
nine were taken to hospitals. Two
died later the same day.
Indifferent to Safety.
The Briggs Manufacturing Co. has
resisted every advance made in the
safety code. A former Detroit COM
missioner Of buildings and safety en-
gineering has been quoted as saying
as ne resigned because Of a controv-
ersy over one unit in the Harper Ave
nue. plant of the Briggs company. His
successor has denied this was the
cause of the resignation but has adj
mitted the files of the department
show controversy took place, with
the Briggs Manufacturing Co. mani
Testing barbarous indifference to the
safety Of its thousands Of men and
women workers. The profits to be
gaiaed from such an enterprise in the
open-shop stronghold of Detroit were
very great. Walter O. Briggs, head
Of the company, was the millionaire
hacker Of Gone Bucks extravagantly
lavish shok, "Yours Truly"
More workers have lost their lives
in a single disaster before. The Briggs
fire was especially notable, however
because it occurred in a modern in
dustry, conducted supposedly along
scientific or enlightened lines. And
IL took place in a modern building
built in 1922. The slaughter, never
theless, would have been greater had
il not occurred while only a compare.
lively small force was at work.
Hunger Drove Workers.
In asking for Jobs there the worker
who lost their lives in the fire had
to choose between working at the
Briggs plant and going hungry. They
were aware daily Of their danger. But
they were tied to their jobs by needs
as strong as the chains Of ancient
involuntary servitude. About 10000
are out Of work in the Detroit indus
trial district. For every job at the
Briggs plant there were 100 appli-
cants at the employment window.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1927-04-29

1921 ,254.7t balanced the entire &C
count for 1925?
If, on the other hand, the $221,-
254.71 entry is correct, then the
Superintendent of Insurance should
Immediately call for an examination
of the company's books.
This is an old story now. The
1925 report was issued in September
1926. In his statement to the Legis-
lature Mr.. Bella said:
THE Superintendent of Tnsur-
ance transmits herewith for your
consideration Part II of his annual
report, containing detailed informa-
ton distracted from audited state
ments of stock and mutual compan-
les authorized to transact business
in this State. :"
Who audited the Prudential state.
ment? And how did this "error" get
by the auditor?
All Got Jobs.
It is a well known fact that pas;
insurance superintendent have been
taken care of by the insurance trust
In this connection one remembers with
feeling of revulsion John A. Mccall
Jr., who played a most disgusting
role prior to and during the late
Armstrong Insurance Investigation.
By his failure to call the Prudential
Insurance Company to task in the
Association of Life Insurance Presi-
dents bride, Mr.. Beha has conclu-
sively demonstrated his unfitness to
hold the responsible position he does.
Beha Earning His?
By condoning and overlooking a
swindle of such magnitude Mr.. Beha
has offered sufficient reason to be-
heve that he has his eye on a soft
Job with the "Big Four" when his
tenure of public office expires.
In harboring this ambition he does
not differ materially with past super
intendents.
Governor Smith appointed James
A. Beha to his present lucrative DO
sition. Governor Smith is empowered
to remove him.
We urge Governor Smith, if he
nurtures any 1928 ambitions, to i'm
mediately remove Mr.. Beha from
office and clear up the entire weekly
payment insurance swindle to the
qualification of 100000 American
worker-insurers who now suffer
from the fraudulent and Illegal
Vaccinations of the "Big Four"
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1927-04-29
MadeirOs, Witness For
SaccO-Vanzetti Saved

Continued from Page One)
near future such a petition will be
filed by either or both Of those men,
or by counsel in their behalf.
"Sueh a petition would naturally
call for an investigation by the execu-
tive, and any such investigation
would naturally include in its scope
one Celestino Madeiros, who is now
under sentence of death, which SEN
tence is to be executed during the
week beginning 1901 A. NJ, Thurs
day, April %, 1927. In order that
any such investigation may not be
hampered by the execution of Ma
deiros, l have decided to respite the
execution of the said Madeiros on the
recommendation of Attorney General
Arthur Reading to and including Sum
day, July 10, 1927"
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1927-04-29
Needle Trade Defense

the Defense fund. Send in the RAJ.
C. SHARES.
The workers Of H. Birman's Shop
delivered small collection Of $1,000
which was very welcome and they
were followed by Anna and Louis
Lazaar of 1928 Webster Ave-, with
collection Of $4,000 raised from
their guests at House Party. We
urge friends to take an example and
make collections at House Parties and
the like.
Outside of New York, the Cloak
makers and Furriers Defense has OBJ
tanned the best results from the city
of Detroit. Not only has Detroit
made fine record in proceeding
rapidly in fixing itself as second in
the list of cities contributing to the
Defense, also much good work is be-
ing done.
At conference held last Sunday,
representative of many working class
organizations, it was decided to ar
range for two tag days to be held
on May LIST and Sth. The conference
committee has issued a call to all
workers in Detroit to. assist with the
work on these two tag days.
A mass meeting for the near future
is being arranged.
It was decided to elect committee
to hire theatre and make other
necessary arrangements for the run
ming of the geat moving picture "The
Jungle" by Upton Sinclair for date
late in May.
The executive committee of the
conference is to meet weekly.
Many organizations have already
contributed to the defense, among
them 3 locals of the Bakery Drivers
Union.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1927-04-29
PASSAGES Workers
Demand Freedom for
Sacc0 and Vanzetti

PASSAIC,N. j., April 2S.-The
workers of Passaic and vicinity
gathered tonight in an open air meet
ing at Belmont Park, Garfield,
Among the speakers were: Albert
Weisbord, former strike leader and at
present one of the labor candidates
in the race for city commissioners;
Robert w. Dunn, Of the American
Civil Liberties Union; Pat Devine,
Carlo Tresco, Louis G. Quintiliano
and francesca Coco.
The following resolution wa S
passed:
"RESOLVED, That this meeting OF
workers and vicinity, Is in favor OF
all workingclass organizations uni
ting their forces to free Sacco and
Vanzetti whose persecution is a
general attack on the freedom Of ex-
preston so necessary to the workers
"That we stand solidly behind
the movement for a National Con-
ference at which the question of ma
tional action could be discussed, and
be it further resolved
"That we request the Governor of
Massachusetts, to intervene and give
justice to our two prosecuted fellow
workers, who have devoted their
lives to the cause OF labor, by giving
them their absolute and unconditional
freedom"
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1927-04-29
Die-Hards Fight to
Smash British Labor
By Anti Strike Bill

LONDON, April 28.--Faced with
important legislation, including the
governments anti-strike bill, which Is
sure to provoke long and stormy de-
bate, parliament assembled today af-
ter the Easter recess. In view of the
Labor Party's attitude the anti-strike
bill may prove one of the liveliest is
sues that parliament has dealt with
in years.
Budget resolutions were scheduled
for first consideration this afternoon,
with commons taking up the proposed
duties on tea, medicines and motor
tires.
Sir John Simon, Liberal, represent
ing West Riding, Yorkshire, had pre-
viously given notice he would oppose
the proposed tariff on tires.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1927-04-29
GOVERNORS APPOINTEE OKAYS
PRUDENTIAL s CROOKED ACCOUNTS
RESUME on INSURANCE EXPOSE

The DAILY WORKER hereOtk continues its exposure of
the big Four Insurance Trust Big composed
of the Metropolitan Prudential John Hancock and the Colonial
Life Insurance Companies In precious articles Harrison
has ddduced evidence proUng misrepresentation fraud suborG
ton and misuse Of ntuo funds There 100000 Amer
'OOrkerS paying tribute the Big Four" pron
a IN government and financial circles haze peppered the
thus Notably IN this respect find Charles NJ SckaOa6 of
the Bethlehem Steel Corp Haley FiSke president of the
poan Life and outstanding abor-bater by virtue of has
berskjp IN the National Cc Federation Albert H. Wggin
Joseph Day. Neo YOrS superealtOr and many others
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1927-04-29
Call Militia to Help
Flood Poorer Parishes
Continued from Poge Onel

Continued from Page One)
northern tourists, the old French
residents of Saint Bernard and
Blaquemine parishes do not feel so
happy. Their homes, their crops,
their lives too, unless they hasten,
are to be flooded from that dynamited
levee at Poydras.
Since Tuesday night the Poydras
pike had been a sitting course of
heavy dust, kicked up by the exodus
of the fugitives. The neat homes
are closed and shattered. Not all Of
these home were deserted placidly.
There is about Poydras and its neigh
borhood a charm and grace of an
tiquity which shows that many have
lived, labored, loved, and died there.
And not far away are the red
brick ruins of the old Versailles plan
tation home, which seem hardly less
ancient than the water oaks and
their festoons of gray moos. Poydras
is old.
Some Would Fight.
And it was accordingly not easy to
win the agreement Of all persons in
the settlement to desert their homes
to the flood. Some of the most
deeply rooted inhabitants in flare
Of defiance refused to move. For the
most part these have been won over
through intercession by influential
neighbors, but it is known that there
are many old irreconcilables, partic-
ularly in the parts of st. Bernard
parish away from the settlement.
"There has been some talk of
danger of shooting when the en-
gineers go to break the levee," said
prominent New Orleans civic
leader. owe are hoping that every
thing has been worked out, and that
with our assurances of ample in
IDENTITIES, and of every possible means
of relief, our friends in Poydras will
be reconciled but we are not sure
that this is completely So"
An immediate relief fund of $780,
900 has been raised among so New
Orleans bankers and business leaders.
This matter of indemnity is neces-
sarily unofficial at this stage, and it
will be largely betrayed by private
purses. There is no assurance that
the old residents ever will be com
pensated.
Flood Preventible.
WASHINGTON, April 2s.-The
disastrous Mississippi floods probably
will result in the administration pre-
senting to the new congress in De-
cember an ambitious and far-reach-
ing system of flood prevention, it
was forecast here today in official
circles.
Secretary of the Treasury Mellon
said he believed it would be possible
to work out program based upon
prevention Of spring floods and the
development Of hydro-alectric power
plants in the Mississippi, Ohio and
Missouri River Valleys that will be
of inestimable value to the nation.
No excuse has so far been offered as
to why this has not been done al
ready.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1927-04-29
By CHARLES YALE HARRISON.
ARTICLE XVII.

The Superintendent Of Insurance is
appointed by the governor. His term
is three years and his salary, in adj
dition to whatever he makes dis
pensing favors to the insurance trust
is $4,000 per year. Under the State
Reorganization Plan it will be
$4,000.
The present incumbent is one
James A. Beha, he is AL Smiths per-
soma appointee. He is the custodian
Of the insurance funds required I'M
der law to be deposited with the State
of New York.
Supposed to Watch.
Once year all companies opera
ting in the State Of New York must
submit reports to him of their activ-
idties for the preceding year. It is
his duty to make abstracts of these
reports, incorporate them into docu.
ment called the New York Insurance
Report and submit it to the Legisla.
ture.
For due cause he may suspend any
company from further operation.
Such due cause exists. It exists
specifically in the case Of the Pruden.
tial Life Insurance Company. This
company, not satisfied with the usual
procedure of operating on billion dol.
lar reserves" had deliberately
falsified its report to the superinten-
dent.
Let Prudential Steal.
On pages 400 and 491 Of the 1926
n. Y. Insurance Report the Prudential
admits that it subsidized the Asso-
citation of Life Insurance Presidents
to the tune of $221, 254.71.
This item was entered under the
heading of disbursements" On page
504 Of the same report under the
heading of partial list of salaries
compensation and emoluments, ETC.
the Prudential actuary again lists
payment to the Association; this time
it is set down as S24,998.44.
Now either one of the two entrees
is correct. Did Mr.. Beha notice this
obvious piece of thievery? Did his
army Of assistants observe this
blatant fraud?
Or on the other hand did he &C.
cept the report of his future en-
ployers without checking it up and
incorporate it in his report.
Legislature Too.
After Mr.. Beha okayed this theft
of some two hundred thousand dol
lars from the mutual" Prudential
policyholders, the report went to the
Legislature. Again it was okayed.
If the item as reported under the
partial list of emoluments is reported
correctly then how does the Pruden-
tial account for the fact that the
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1927-04-29

receive 20 pamphlets for every menu
Der to sell or distribute.
Nuclei in the New York District
will get their pamphlets from the
District Office--10S East 14th st.
Nuclei outside of the New York
District write to Daily Worker Pub
fishing Co., 33 East First Street, New
York City, or to the National Office,
Workers Party, 1113 w. Washington
Blvd, Chicago, III.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1927-04-29

Who is Behind the Prosecution of the Militant
Needle Trades Workers?
Who Are Matthew VOLTS Fellow Conspirators?
They Are Leaders of the National Civic Fed
Grafton!
VOL is Acting President of the Labor Hating
Civic Federation.