davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-03-18

high buildings or electric lines or
poles: consideration should be given
to prevalent adverse air currents, fogs
and gusty winds. generally found in
proximity of high hills; coming of the
adjacent lands should be had, so as
to prevent high and objectionable
structures, which would reduce the
usefulness OF the airport seven feet in
area, for every foot in height of the
obstruction.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-03-18
DIES AT THE AGE OF IS.

Mrs. Martina Stevenson Succumbs
at Daughters Home.
Mrs. Martina Stevenson, 50 years
old, mother Of Mrs. James b. Ralelgh
wife of Capt Raleigh, commander OF
the Fire Fighter boat of the Wash
ington Fire Department, died at the
daughters residence, 630 q street
southwest, Wednesday.
Besides Mrs. Raleigh, Mrs. Steven
son leaves another daughter. Mrs
Charles b. Collins, and sister, Mrs.
Julia Kelly, both of Baltimore.
Funeral services will be conducted
at the daughters residence here to-
morrow afternoon at l o'clock, with
Rev. James z. Briggs officiating. In
terment will be in Baltimore Gene
terry.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-03-18

and legs and was taken TO his home.
at 606 Emerson street. His partner
was only slightly hurt.
Potts was riding his motor cycle
on Canal road when two automobiles
parked abreast are reported to have
blocked his passage. and in an effort
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-03-18

to pass them his motor cycle hit an
electric light pole. He was thrown
to the roadway and injured about the
body, face and head. one rib being
fractured. He was given first aid at
Georgetown University Hospital by
DR.. Rosenberg.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-03-18
Another Florida Bank Closed.

TALLAHASSEE. Fla. March IS
CP.-Financial difficulties experienced
by banking institutions of West Palm
Beach were responsible for the clos
ing today of the Seminole Bank at
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-03-18

Stuart. State banking department on
cials announced. The bank was CAM.
talized at $780, 80
Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-03-18

Glasgow will spend $1,000, O0O-scn
new schools this year.
Evening star., 1927-04-21
BANK or ENGLAND CUTS
RATE FROM 5 TO41-2 PCT.
Action Made Possible by Recent
Influx Of Go1d--open Market
Discounts Also Weaker.
In 40 AssnoIal.d -

BY the Associated Press.
LONDON. April 2t.-The Bank Of
England reduced it's rate from to
AZ par cent today,
The Bank If ENGLAND thus fulfilled
the expectations Of the money mar
ket The s per cent rate had been
instituted December 3, 1926.
The banks action was made pos
sible by the recent influx Of gold
which since the beginning of the
month has totalel more than E3, 600, 900
sterling tabout $15o0o,00W
For the past few days the money
market had become easy. largely
through special operations In connec-
tion with wipna out the Bank Of
Frances debt to the Bank of Eng
land, Opan market discounts weak
ened also ana the BANKS minimum
Of per cent proved ineffective.
The reduction was anticipated by
the stock market for the last day
or two, Silt edged and government
stocks being buoyant. \ period Of
easy money is anticipated i'm fjnan-
ciai circles. unless there are uufore-
seen adverse happenings abroad.
Evening star., 1927-04-21

| ters of surprising Importance. And
even then radical disagreement with
/ the policy Of your employer may mean
| that you should get out, although you
! might well first try to win him TO your
viewpoint,
| Fear of unemployment makes the
/ average employe suppress his own
/ views and ideas rather than hazard q
! rupture.
ConceaIing Things.
"There are" says Anne w. Arm
strong, business consultant, in Har-
per's .the fears which business pre-
|. iudice creates: those that lead 50
many persons eager to secure or hold
a business position to falsify their
ages, conceal some early mistake, hide
I Gf they are women) the fact that they
arg married, hesitate to acknowledge
trade afiiliaton, race, nationality or
religion.
1T is possible that business itself
suffers greater loss as the result of its
combined preiudices than do those
who harbor the fears such prejudices
engender AT all events, there can be nc
question but that business pays dear
/ Nv for that terror ii has inspired IN the
rank and file-the terror OF the peri
odic lay-off.
I'm reckoning losses, the most seri,
Gus loss of character~if character be
rated not unworthy byproduct OF
the business life--comes, / am con
yfnced, from the feeling among ambi-
tious men that in order TO succeed
they must shape their personal opin-
ions to conform with the personal
opinions of those above them.
ut is a little sickening, new rtheless,
to see, as we sometimes do, a man--tt
NAV he a woman--work himself step
by step to real consideration in the
business world; TO remember him a
spirited fellow, ready to discuss any
public question at the drop of the hat,
and enlisted as often as not on the
side of the less privileged, and then,
when he reaches at last position
which he regards too good to 1eopar-
die. to behold him suddenly turn eau
tious and subservient.
But | do not, as n matter Of fact,
for one moment believe that so high
price need be paid for business sue
cess Without ever losing sight of
forces that tend to coerce and intimi-
date, | maintain that If the business
man stands up-~not bumptiOusly. not
courting occasion, but refusing to run
UP the white flag when odds are
linst him-he will usually win.
Fighters Made Business.
"And mon that stand forth here and
there throughout the business world
if not exactly popular, yet men to be
reckoned with--estahlish, to my own
satisfaction, at any rate, the validity
of this belief.
For the men who have made mod
ern business are fighters. After all
that may be said in qualification, no.
body can deny them heroic fiber. They
know a fighter, moreover. when they
see one, and that even when he is out
of alignment, And they pay him the
resnect, though it may be secret and
somewhat grudging. that fighting men
do pay one another"
Mrs. Armstrong; pros "am is some
what charged with dynamite and can
be applied successfully only by the
especially gifted and talented. 1t is
ruinous to differ with a superior on
question of policy unless you are sure
YOU are right Even when right you
may be hard pressed to defend your
position, but unless you attempt to
stand up for your we'll considered
opinions you become q mere rubber
stamp.
Evening star., 1927-04-21

whether merchants, professional men,
farmers. or salaried persons, or those
who are paying for their homes on
the earnings of their daily labor.
were all dumped into one institution
of the community, namely the bank.
There is little wonder that such con-
centration of losses of the good people
Of our communities has been enough
to snuff out the life Of our banking
institutions. 1t has been said by
many and will bear repeating that If
the borrowers would be able to pay
their notes there never would be any
bank failures or frozen assets.
Loss Is Loss.
'But a loss is a loss, no matter
in whose hands it may be, and every
one is too good a legislator and too
good an economist to know that legis-
lation does not make bad debts and
worthless paper equivalent to gold
bonds and il that cannot be done for
the individual, how can it be done
for any business institution The
longer road must be taken, whether
we win it or not Every individual
must set about to rebuild and repair
his own financial circumstances in
proportion as he was caught in the
maeIstrom of the economic disasters
which have overtaken MS since the
deflation period set in. There is no
magic wand which can be waited
and instantaneously lift him out of
his financial straits, nor do the
wheels of time roll in that direction.
We must go forward and out of the
future find material with which to
reconstruct the economic devastation
that lies about us.
The epidemic Of bank failures in the
agricultural Middle West is part
of the price the country pays for the
survival of the institution of indie
pendent unit banking instead Of
nationwide branch banking such as
prevails in England and Canada. In
one. crop communities, the banks nee
essarily have their fortunes tied up in
a single commodity, instead of getting
the wide diversification which is es-
sention to safety. The failure Of
country banks to rehabilitate their
earning power since the def1ation of
1920-2i is a phase of the drift of eco
nomic power TO the cities.
In an admirable study Of the
bank failures in the, current issue OF
the Journal of the American Bankers
A -sociation, O. NJ. W. Sprague, pro-
fessor of banking and finance at Iiar-
ward University, rightly stresses the
fact that certain districts of the coun-
try were overbanked. In Iowa, for
example, State in which there was
no increase in population, there were
twice as many banks in 1920 as in
1910. The surfeit of banks not only
makes for unnecessary overhead ex-
pense, but leads to unsound practices
in the excessive competition for ac-
counts. inducing excessive loans and
inadequate interest charges.
Evening star., 1927-04-21
BUYS SOUTHERN MILLS.

WINDER, Ga, April 81 (P}.-Au-
nouncemeut was made yesterday that
the Amoskeag Cotton Mills of Fitch
burg, Mass has purchased the Bar
row County Cotton Mills here and a
branch Of LaWreuceviile, and plans eX-
tenstve improvements and enlarge
ments which are expected to make
the two factories among the largest
in the South. The purchase price
was NOT announced The new owners
plan to manufacture ginghams and
dcnims exclusively, the announce
ment said.
Evening star., 1927-04-21
AREA
FLOOD HURTS TRADE
Business at StandStiII--0ver
1000, 600 Acres Inundated
and Situation Is Critical.
RY j. c. RnYL.E.

Special Dispatch to The Star.
NEW YORK, April 21-Business
in the lower Mississippi Valley today
is almost at standstll. so far as
buying of merchandise is concerned
as a result Of flood conditions. This
in turn affects practically every sec
tion producing raw materials or
goods sold to the South. Conditions
are not likely TO improve in the val
ley until the floods subslGe and the
farmers are able to return To their
fields again. In some sections agricui-
furists may not be able to plant
until the latter part of May or wei
into june.
The flood stages above Helena, Ark,
have exceeded ali previous hlgh
records. and indications are that the
water will rise IL TO 3 rect higher
before the crest is reached. This viii
mean levels nearly 2-feet higher than
previous records for the district below
Memphis and these are minimum and
not maximum estimates by expert
enced river men,
Covers 100000 Acres.
The recent breaks in the levees in
Missouri and along the rivers OF
Arkansas, combined with the back
water from the YazoO River, which
has covered much of the territory be-
tween the Yazoo and the MISSISSIPPI
have covered upward Of 5000 600
acres of land and this flooded acreage
has beer increased by backwater from
the Louisiana and Mississippi streams
further South Most of this land
is of the richest in the States in
volved and is largely devoted to the
raising Of cotton.
AT leasts Is 600 to 10000 families
have been driven from their lands in
low living sections. These inhabitants
are nearly all planters and they have
lost the livestock on which they are
dependent to cultivate their fields
They will therefore he badly handi-
capped when they return TO their
farms.
Dispatches today indicated II points
where the leVees are weak. Thou
sands of men are at work strengthen
ing these spots. Some Of the points
which are declared to be in danger
are located near Hickman, Ky; New
Madrid, Mo, in the southern suburbs
of Memphis, and Arkansas City, Ark
Other sections closely patrolled are
across from Natchez at Plaquemine
La, and at Good Hope. 25 miles above
New Orleans.
The 1eVees at Nicksburg are to S
feet above present water levels, but
the tremendous pressure at some of
the bends and curves is a source of
constant anxiety The New Orleans
levees are calculated to withstand
rise of feet, and most of the ram
parts against the floods in the lower
valley are also designed with 4 to 5
feet higher water in view. Ten thou
sand men with teams and arms are
patrolling and guarding them. and
similar precautions are being taken
from Vickshurg to the Tennessee line.
New Orleans is secure, according to
expert judges for that city has the
Evening star., 1927-04-21
VOTE ON STOCK INCREASE.

NEW YORK, April u (Pl.-~s Stock
holders Of Lago Oil & Transport Cor
poration. 95 per cent Of the stock Of
which is owned by PauAmerican
Petroleum & Transport. will vote April
% on a proposed increase of 1900 0Oo
shares in capital stock to $500 600
shares. #. II. Wicket, president, in
formed stockholders possibilities for
profitable expansion in the oil fields
of Venezuela and other South Aneri-
can countries were indicated by recent
Investigations.
Evening star., 1927-04-21
REVENUES SHOW GAINS.

CHICAGO, April 81 to).-Net rev.
enue of the STANDARD Gas and Elec-
trio Co, for 1926 was announced last
night by President John j. OBrlen
as $t0.772, ,765 This compares with
s7,125 ,669 in 1925 Service was eX.
tended to 90 additional communities
during the last year. making the total
1882 communities, including Pitts
bursh, Louisville, Minneapolis. St
Paul. oklahoma City, San Diego and
San Francisco
Evening star., 1927-04-21
WOOL TONE FIRMER

BOSTON, April 81 tSpeciaD. The
firmer tone in fleece wools which
developed early in the week was
maintained in today's wool market.
Territory wools are steady with de-
mand improving. Stocks Of mohair i'm
bond have steadily decreased. revers.
ing the trend Of last year. Fine
territory was quoted today at 107a
lie. French combing at 1.00at05, half
blood at 9Sa1 o., three-eighths blood at
sSa92, and quarter blood at 7Sa82.
clean basis. Fine Ohio delaine f1eeces
are held at 44a45, grease basis, haIf
blood at 44a45 three-eighths blood at
43a44 and quarter blood at 43, with
Michigan quarter blood at A. and New
York quarter blood al Al.
Evening star., 1927-04-21

men, materials and implements 70
raise the levees to any point necessary
for protection. But in the country
districts conditions are far different
and a break may let the floods in
upon additional territory, destroying
both lives and means of livelihood.
The situation is critical, not only
for the inhabitants of the threatened
districts, but for commerce and indus
try in general in the country. 1t is
not entirely without its bright side.
however, Earnest efforts to curtail
the amount of land planted to cotton
in the South this year have not been
especially successful. The floods cer-
tainly will curtail cotton planting to
no small extent.
In the meantime retail merchants
are not buying goods. Neither are con-
sumers. Collections are slow.
The floods also have affected pro-
duction in the lead and zinc fields of
the Tri-State district.
Evening star., 1927-04-21
THE BUSINESS OF GETTING
AHEAD.
'imidity and Courage in Business


Business concerns are in many in
stances manned in large measure by
bootlickers and yes" men The
wisest executives discourage the
practice, because they recognize the
business value of independent think
ing. Bosses of laser stature, how
ever. are flattered by the obsequious
manner of subordinates.
Genuine business success depends
not on passive submission to things
as you find them, but to a spirit of
coourage, venturesomeness and high
adventure. The most practical prob.
lem of the subordinate is to determine
how much independence he should
show. Unquestionably, some degree
of compromise-the capacity to get
along with other peoples essential
1t is, it seems to me, a good rule not
to raise issues unless they entail mat
Evening star., 1927-04-21
PRICES ON PARIS BoURsE.

PARIS, April 2t CE).-prices were
steady on the Bourse today Three
per cent rentes, so francs; exchange on
London, 124 francs centimes; 5 per
cent loan, 70 francs IS centimes. The
dollar was quoted at 25 francs 53A
confines.
Evening star., 1927-04-21
LEAD PRICE REDUCED.

NEW YORK. April 21 LAg.-The
American Smelling q Refining Go. has
reduced the price Of lead from IT'S
TO Z cents per pound.
Evening star., 1927-04-21
MEN AND MONEY
By NJ. S. Rukeyser.
tCouvright. 1927.l

The recent epidemic of bank failures
in the agricultural Middle West and in
Florida and Georgia naturally raises
the problem of better preventive meth
DDS in the future.
The friends of independent banking
are already becoming apprehensive of
hostile legislation, and are warming
bankers to devise better systems for
self-examinations, patterned after the
large city custom of clearing house
examinations Of member banks.
In the last four years nearly one
tenth Of the banks in the country have
suspended. and many more have been
saved from closing by willingness of
directors to absorb doubtful assets, or
by subscriptions of additional capital
from a wider group, who were anxious
to avoid the psychological effects of a
bank failure OF course, these fail
ures, though large numerically, came
among small banks primarily and had
comparatively little effect on the ma
tional money market, particularly
since the New York, Boston. Philadel
phia and Cleveland Federal Reserve
districts We're comparatively immune
from the malady.
New Bank Legislation,
And yet the social effects of large
number Of small bank failures is not
to be minimized. The Federal Reserve
Board in 1926 tabulated a record
breaking number Of suspensions
more than 900 And, according to
Dun's Review. the number of bank
suspensions in the first quarter of 1927
was larger than in the corresponding
months of the two preceding years.
In the first three months of 1927 there
were 174 bank casualties, compared
with "a in the first quarter of 1926,
IA in 1925 and 265 in 1922
Iowa, the capital of the recent bank
troubles, is agitating for new bank
legislation. The Iowa Bankers Asso-
citation submitted to the General AS
sembly a memorandum. warning that
there is no magic in bank legislation
which can convert worthless paper
into good security.
Bankers of this State" says the
document, have their feet well on
the ground in spite of the franticness
which at times has seized in variouss
localities our good fellow citizens,
all of which ii is now gratifying to
say, is we'll in the past. The bankers
as a class in this State have never
lost their heads. They have had the
broader confidence in their fellow
citizens and in the resourcefulness
of this State To say this is to say
so when one knows that to every
bank it seems that everybody's losses.
Douglas daily dispatch., 1927-12-25


W a
to
Douglas daily dispatch., 1927-12-25

s,.fa a.,s-3S gs.s ssys.st rtss
Seward daily gateway., 1927-09-30
.sIx SOUTHERN STATES
 DISCUSS FARM POWER

CHATTANOOGA, Tenn, Sept 30 R-Rural identification, Muscle Shoals and power development in the south are to be considered at the Southern Appalachian Power Confer ence, converting here October 13 for a threeday session.
 The conference was organized five years ago by governors and State geo. logists of six southern states. With industrial development of the south in recent years particular attention is to be given at the coming meeting Ii increasing power projects in this section.
Seward daily gateway., 1927-09-30
MANY INJURED

The National guard was ordered mobilized to assist the entire police force A detective and two policemen were among those killed. The chief of police was reported killed, and oth- CTS injured, at Venice, ILL A 62 year old woman was killed when the side of her home was blown in upon her.
 Two workmen in the St. Louis Coke and Iron Co.,, were burned to death when the tornado blew heavy iron lad les over them.
 The> authorities have been unable to check the numerous deaths because of disconnected wires and many of the streets being strewn with debris.
Seward daily gateway., 1927-09-30
ERUPTION, LATE IN
 AUGUST IF ALASKA
 VOLCANO, REPORTED
CAPTAIN HARRY CROSBY STATES ASH FELL OVER 50 MILE AREA
 WESTWARD

SEATTLE, Sept. 30. (P)-The erup- tion late in August of Megic volcano on the Alaska Peninsula across from Shelikoff Strait from Kodiak, is re- ported by Capt. Harry Crosby, return ing aboard the cannery ship Salmon King. Thousand of tons of pumice and ashes showered over a 50 mile area, it was stated.
 Crosby said we were about 50 miles off the peninsula in clear still weather when suddenly I noticed a puff at the top of Mount Megic. Soon the air was filled with volcanic ash and it began raining pumice stone. The volcano smoked like factory chimney for five days. The eruption continued and the mountain was still smoking when we left. Each morning the decks and rigging were covered with fine powdered ash resembling snow"
Seward daily gateway., 1927-09-30
TORNADO LASTED BUT FEW MINUTES; LOSS
 |S S75,0O0,00O
STREETS ARE CLOGGED WITH FALLEN TELEPHONE POLES
 AND TREES

ST. LOUIS, Sept. 30. (P-Striking the beautiful west end of the city the tornado, coming out of the southwest ern skies, left in it's wake 69 known dead, hundreds injured, remnants of block after block destroyed, homes in six square miles area racked and torn by the storm and with property damage estimated by the Globe Demo crat at s75,00O,0o the twister reach ed a velocity of 90 miles an hour in a few seconds and subsided in as many minutes later to be followed shortly by brilliant sunshine.
 The probable death list will run we'll over 70 while the estimate of the injured ran over $50. More of the west side section, boulevards, trees, houses of the moderately wealthy St. Louians, lay covered with blanket of uprooted trees, torn timber and bricks, out of which crept injurAd men, women and children.
 It is estimated 2,500 homes were either wrecked or damaged while the streets are clogged with fallen tele- phone poles. Hundreds of the city's most beautiful streets are in ruins The telephone service was demoraliz- ed and it took the city several minutes to learn what had happened. The twister was accompanied by terrif- ic rain which added to the scene of desolution Houses and factories crumpled and many were moved about like toys.
Seward daily gateway., 1927-09-30
SWEDISH PRINCE TURNS
 LABORER. WINS RIDE

LANDSKRONA, Sweden, Sept. 30. (P)-In the grease-smeared jumpers of an ordinary workman, the 15 year old Prince Bertil of Sweden, third son of Crown Prince Gustavus Adolphus, has worked every day this summer as mechnacis apprentice at the Thulin Motor Works. His special interest has been aviation motors and he con- fessed his ambition is to be an aviator in the Swedish navy.
 At the end of August, he quit to re- turn to school. Just before he left his "boss" took him to hte aviation field a tMalmoe, where he had his first air ride in new bombing plane to Copenhagen.
Seward daily gateway., 1927-09-30
DEATH TOLL FROM q. LOUIS TORNADO
 STEADILY MOUNTS
NATIONAL GUARD IS MOBOLIZ. ED; STREETS ARE FILLED
 WITH DEBRIS

ST. LOUIS, Sept. 30. (P-Twenty- eight are known to be dead in the tornado which wrecked St. Louis and the surrounding vicinity in the storm yesterday afternoon which came with such suddenness. West side residents found the air full of hurling objects; a temporary construction building was blown 4opfeet and set directly in the center of Lindell Boulevard prevent ing fire apparatus from reaching the scene of several fires
 MANY INJURED