davidaulloa/AmericanStories huggingface dataset:
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1928-07-06
NOTHING FOR SOMETHING
By Scott Nearing, Federated Pre-

BY Scott Nearing, Federated Press
Wall Streets bubble burst in June 1t had been get
ting bigger and bigger, through the spring months
With the coming of summer, it disappeared into thin
air.
On the most feverish day of stock market liquida-
ton than five million shares changed hands. In
the spring there had been number of four million
share days but before in its history did the ex
change have five million day.
Periodically the stock market goes through this pro-
of initiation and liquidation During the period of
initiation the big boys sell and the little boys buy Dur
ing the period of liquidation the big boys buy the
little boys sell.
The big boys on the stock market are those who buy
when stocks low and sell when they are high. The
little boys the stock market are those who buy
when stocks high and sell when they are low.
A booming stock market attracts more people than
a heavyweight championship fight From one end of
the country to the other the American Spectators put
their money this stock or on that, laying down
marRdn; hoping for sise, and expecting to make
profit and get out in time. No one knows how many
hundreds of thousands came i'm to the stock market
of 1927 and 1928 but everybody knows what happened
to most of them in June.
The press doomed the rising market for all it was
worth The leading stocks written up day after
day. Price advances heralded in front page stor-
les and financial tips indicated that the market was
going to high levels There were even whispers
among those the inside that there would not be an
other break in the stock market
The big boys got out in March and April. They had
dinner in New York which was described by the New
York press as banquet restricted to those who had
made at least million out of the stock exchange dur
ing the present period of speculation It was rumored
probably exaggeration-that one of the men at the
dinner had made S1O0OOO,OOO on the present market
AT rate, he and of his cronies sold out their
holdings, sailed down their profits and took COM
Portable boat to Europe They had mopped up.
The stock exchange is neither coal mine nor a
wheat field textile factory nor cooperative
store No values are produced the exchange Money
changes hands there just as it changes hands over
other gambling tables at Deauville or Monte Carlo
The stock market is process of robbing Peter to pay
Paul. Where one gains, another must lose.
Early in the year-in March and April-the big boys
pulled out of the market when it was at its height and
when the newspapers cheering on the little specl
lators from all parts of the United States to come
and get something for nothing. The big boys were
there before them. They got something for nothing
and left with bullying pockets
Then the reckoning.
Jwel Prices crumped One wave of selling follow
ed another. The stock market left the front page
There was no longer any need for summoning tn
little boys to get something for nothing The big boy
had already done that 1t only remained for the lttl
boys to return home with nothing for something
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1928-07-06

immigration restriction to regulate In prison
made goods, to plan public works against unemploy-
ment to rehabitate veterans, to raise accident
compensation of federal employees, to insure high
wages raise pay of federal employees to raise ola
age pensions of federal employees.
Tn following six requests crgari lied labor were
ignored by the conventions: To ratfy federal child la
Dor amendment to oppose CONSUMPTION OF labor, TO give
federal employees the 5-day week, to permit 2f59O
beer, to pay prevailing (union) on government
jobs to levy income and inheritance taxes instead Oh
sales taxes.
The following two were left haZy on the PLATFORM
Instead of outlining constructive coal legislation the
Democrats were content, like the republicans, to urge
that something be done without specifying what that
should be- Similarly labors demand for the preser-
walton of free speech press and assembage was lump
ed without specification in the dry plank that pledges
enforcement of the 18th amendment and all othei
provisions of the federal constitution 1t was WOOD
row Wilson and his postmaster and attorney generals
who most savagey violated the constitutional bill OF
rights.
The principal labor plank as adopted by the conven
tion reads:
We favor the principle of collective bar
gaining and the democratic principle that or
ganized labor should choose its own represent
atives without coercion interference
This is an improvement on the republican plani
which did not mention organized labor and was as ap
plicable to company unions to bonaflde labor or
CARNATIONS.
That the A. F. of L. will support Al Smith and Jo
Robinson, the convention nominees, seems confirme
by the fact that majority of labor's platform re
quests were granted. At the same time John j. Ras
kob, head of ]. P Morgans General Motors Corpora
ton, was quoted saying in New York that big bus
ness would not be hurt by the Smith candidacy. Her
bert Hoover the republican nominee, denounce
and buresqued by convention speakers with freedol
and violence understandable in party that has bee
out in the cold for eight years after its own magnf
cent era of graft, autocracy and extravaganza.
melancholy labor note squeaked by the eve
green candidacy of Pres. George Berry of the prinn
pressmen for the vice presidential nomination Thong
armed with number of labor endorsements and te
tmonial from William Randolph Hearst to the effe
that Berry 'is very capable gentleman" the candle
acy did not get as far even as it did in New York
1924.
Negroes were treated differently at Houston tn;
at Kansas City. The republicans tolerated them
delegates to insure the Hoover nomination but
colored men ragged when they tried to enter Hoov
convention headquarters. The democrats had neg
delegates and segregated negro from white visitors
the galleries.
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1928-07-06
Britain Crumbles

heavier burden on the industrial prop
critics IN them, and forcing them far
Their and farther into bankruptcy
These local charity rates in Eng
land are now gathering annually the
huge sum of $8O0,O00,00O to prevent
the widespread poverty from develop
ing into starvation. The government
proposes to provide a portion of this
out of the national budget to relieve
areas which are being bankrupted by
the decay of the old economic order.
The proposal really foreshadows the
inevitable coming of new economic
order in which industrialism will have
become static, no longer able con
stantly to provide more jobs for ar
increasing population. A scheme Of
mutual responsibilities between class
es is coming into being to make pos
sible the continuance of social order
Churchill's measure is really takel
out of the portfolio of the labor party
except that labor would raise thu
funds by heavy taxes on the incomes
and inheritances of the owning elias
while the conservative government i
vainly attempting to dodge that nee
essity. But the time may soon com
when the owning class itself will hav
to accept the burden if it is to con
tinue to rule
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1928-07-06

Recognition by the conservative
government of Great Britain that sup
port of the unemployed is a national
and not a local obligation is the out
standing feature of the budget speech
delivered by chancellor of the exche-
quer Winston Churchill in parliament
1t means that the critical position of
capitalism in England is forcing
measures previously denounced as So
cialistic.
The governments proposal is to re-
lieve the productive industries, includ-
ing agriculture, of the local taxes le-
We'd under the poor law for the sup
port of the workers dependent on the
public charity.
For centuries England has been di-
vided into local areas presided over
by poor law guardians. Broadly
speaking the taxes in each aret have
been high or low in proportion to the
minimum needs of the impoverished
workers in the area. These take,
have been levied on property.
Since the war entire industrial are
as such as the South Wales Goa
field, have decayed. The slump in in
dustry has produced increasing pow
erty. AS result the poor law rate
in these areas have put heavier an,
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1928-07-06
THE SAME OLD STORY

1t with good deal of amusement that read
the article in the Plentywood Herald regarding Bob
Rookie being relieved of his job under sheriff
result of filing for the office of sheriff on the Repub
hcan ticket
Oh, how the Herald sobbed about the American pre-
negative of running for office etc., etc. 1t heart
rending.
1t is thus. AS a member of the farm
ers organization turns traitor he Immediately becomes
object of alteration by the group that has always
fought the farmers movement They his every
loss and praise his every virtue He has become
of their number. All a member of the farmers
men has to do to gain the approval of the old gang
is to play traitor They will receive him with open
This has been done many times that it is
fixed procedure
Rookie knew that the farmers of Sheridan county
putting up independent ticket and that if he
wanted for sheriff by them he would be nominated
by them but he took his American prerogatve to file
another ticket which he knew was backed by group
opposed to the farmers government of Sheridan
ty.
Of course Salisbury could have kept Rookie on and
let him go the county spreading his DOPE what
it might be, in opposition to the farmers candi-
date for sheriff. and perhaps the whole farmer ticket
in general That is the way the Herald would have it.
We confident that the Plentywood Herald would
keep the editor of that paper the payroll if he chose
to for office ticket put up by the farmers and
in opposition to good old G. o. P. candidate Yes
quite sure.
The Producers News is not taking part in the Pri-
mary Election and will give publicity equally alike to
all candidates. but when the Herald any other paper
tries to open an old sore! WE'LL its just too bad that's
all.
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1928-07-06
Economic Articles
By Leland Olds, Federated Press
America is Worlds Leading
Trader

The world leadership Of the United
States as an export power is shown
in a department of commerce report
on international trade in 1871. Last
year this country flooded the world
with nearly five billion dollars OF its
products. This huge total represents
more than 2O%o of the combined ex-
ports of the % leading trading ma
tions.
The closest rival of the United
States in the world market is Great
Britain. According to the depart
ment's figures British exports In 1927
totaled $4,044,8OO,OOO compared with
exports of $4,865, 100000 by the U. S.
These two great trading empires
both requiring an almost unlimited
world market to keep their machinery
tuprning full time now stand face to
face.
Germany follows with 1927 ex.
France with $2,158, 100000. Canada
and India are the only other nations
exporting more than $1,000, 100000 o.
their products.
The United States is second to Eng
land in the amount of goods which
she imports from the rest of tn
world. Last year Britain importe,
$5,931 100000 compared with U. S
imports totaling $4,184, 100000. L
the same year German imports total
ed $3,962, 100000 and those of Franc
| $2,065, 100000.
The 1927 exports and imports o
the % countries covered in the re
port were:
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1928-07-06
Kept Writer Of Trust Tells
How Life Feels

weekly in the state, the Mancbas+o.
Times, at $225 a month. Givino,' S;t
ners to editors, Newburn tesf;t Soi'
was part of my job He and nOai,
both have an expense fund for D 20;
tors. eui-
Then there was Dan McGuio.,
football star and coach of VandaTSI,'
University, who is also a LAWYER ' onS
is publicity director for the power 'i -
terests in eastern Tennessee No NJ
burn wrote that his relations with tSo
University of Tennessee were cIos siIr
cooperative. ~'''eiy
In Newburn's files was a conv e
minutes of the National Flec+r u
Light Association meeting of Inv
1928 at which Earl w. Hodge Az Az
kansas propaganda said, "If we boro
any propaganda we so conceal or -, s !,
garcoat it with boosting and worlinc
for art, that it is generously entaroS
into and gotten back Of by the cbar y
bers of commerce, civic clubs, me1,s
and women's clubs all over the state >
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1928-07-06
Bv Laurence Todd, Fed. Press.

Washington .-Astonishing was the
statement, forced by documents seized
in his office files from John B. Sheri- |
dan. director of the Missouri commit
tee on public utility information, be-
fore the federal trade commission.
For this man, first of the long list
of electric trust propaganda agents to
admit wholesale lying, was revealed
as having hated himself for his own
PROSTITUTION to the power magnates
of the country. He dispised the false
hoods he had set out, and finally ne
wrote letters confessing to John w.
Cotton, editor of the official maya
zine of the American Electric Railway
Association his shame and disgust.
He wrote also to Thorne Browne at
Lincoln district publicity chief for the
National Electric Light Association,
denouncing the greed of his masters.
Sheridan wrote Cotton: Possession
of property breeds liars and towards.
The man who invented private own
ership was a mortal enemy of the hu-
man race. For 80 years / spoke as
felt. For years have held my
, tongue. Now | mean to resume the
greatest of human rights-that of
free speech" Sheridan, on the stand,
, identified the letter from Cotton
which inspired this outburst. 1t was
. written early last year. Sheridan's
, reply was:
: ''The thing about the utility indus
. trv that disgusts me-" it read, "is the
lying, trimming, taking and down
right evasion of trust or violation Of
I,o4 he f~xr
! enormous wealth of some of the so
called big men of the industry.
= "When | see these fellows waving
the flag l am filled not only with dis
gust but rage, for they are anything
but patriots. l would enjoy fighting
\ some of these fighting patriots thr
= the editorial pages of an influentis
newspaper"
= Sheridan had directed a campaig
% in 1924 to drive Carl d. Thompso
# of the Public Ownership League {
- America from the Chautauqua pla
IF form in the west, because Thompso
lie had disclosed the low cost of electTi
We ity to consumers served by the publ
nv ly owned hydro-electric commissiC
system in Ontario. He had brougl
he virtually all of the press of Nilsson
lie under control by fat advertising pa
We ronage.
n "What can we do" Sheridan wro
an Thorne Browne on August II, 1872
of ''when the financiers will initiate, o
IS. ercaptialize, sell securities based
IS blue sky and hot air, and rates mu
err. be kept up to pay returns on sa
en- blue sky and hot air? The best pu
.tv lie relations stuff in the world is
he nice little reduction in rates. Do '
les get it? We do not. A municipal
ass owned plant, city of 5000, pays
is Indebtedness and has to- rate of
&C. power 4c; private plant so mil
me away, city of 5000, top rate 15c a
I'VE power &c."
On Tennessee newspapers have be
singularly plant and eager to ser
. the private electric trust. Guy
Newburn, former newspaperman
: Memphis and Mobile. director of t
Tennessee public utilities informant
The bureau, explained how this support
ties the newspapers was secured. Ne
to burn was mixer. He employed
eat his assistant Hugh Doak, owner a
100 leditor of the most important count
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1928-07-06
No Cheers for New 4th of Tulv

To millions of workers shaving thru
out the world to provide the tribute
exacted by the American dollar en-
pire the 4th of July will loom as any
thing but the birthday of liberty
They will view it as the day set
apart by the worlds greatest exploit
ers to glorify their rise to power
Gradually it will be transformed into
Empire day, demanding worship of
imperial power wherever the dollar
has established its dominion.
The change in the character of the
4th has been in progress for many
years. But it has proceeded most
rapidly since the world war enabled
American capitalism to declare its fl
! nancial independence. This transfer
, nation is reflected in the recent ex-
pulsion from. the Daughters of the
American Revolution of a member
who protested the blacklisting of
scores of prominent persons for pro-
Tossing the principles of the declara-
ton of independence.
Prior to the world war the United
: States was still in part an economic
, colony of Europe. It's workers had
: each year to produce the tribute re-
quired by European capitalists on the
five to six billion dollars which they
! had invested in America. The great
er part of this tribute went to Eng
land which held about a billion dol
: lars of American securities.
Huge war profits shifted the bal
ance of power to American capitalists.
$ They bought back a large proper
: ton of American securities held in
t Europe. They bought investments of
! England and other European coun-
= tries in Central and South America.
i They established New York as the
money-lending center Of the world and
It with the end of the war began to pour
10 dollars into all parts Of the world, Ia
king mortgages on governments, buy
> ing up industries, engrosslng power
m resources, building railroads and FAC
n tories.
! The latest census OF. Americas in.
! vading dollars shows $6,2OO,OOC ,OOO
N invested in Latin America, S4,5OO,,OOO-
4 600 in Europe, $3,9O0,00O IN Canada
v $700,000,000 in China, Japan and the
Philippines and S4O0,0OO,OOO IN Other
= parts of the world. These dollars
Is which extend the domination OF Amer
h. lean capitalists over the economic &C
a. tivities of other peoples are lncreas
. ing more than L billion dollars
year.
or The growth of imperial power owe
en- Latin America is evident IN the IN
an crease in dollar investments II G 5u6
- from $4,000, 900 in 1912 TO Sl,4OU'
a. 100000 in 1928, by the increase L
e. dollar investments in Me4 oDo ood dr od
hit SSOO,OOO,OOO in 1912 to Sl, go s
81 in 1928, by increases IN OniIe IIoI
ns SIS, 900, 900 to s451, 900 600, Argentn
-, from 40 million to 400 ml iIS; D La
y from so million to SSS Million 1lIi 11 FER
ng from 35 million to 169 Iallll mn; sene
zuela for million to 162 nlllLlon an an
sn so on all the way down 70 va e.sts az !; !
"a y in which American inyess on Liz y
IL creased from million 20 ~ ,t tl,iiil II,
of In total foreign investments ~ ~
ng United States is still seconu - - - -
we Britain, if British investmenss 49, - -
dominions are included. Da' ;nc rr.r,
can foreign investments a. $500 ~, 80
ing more rapidly and IN ec0n0ml
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1928-07-06
DEMOCRATS STRADDLE AT
HOUSTON
By NJ. c. Hume, Federated Press

With the republican boot still visible on its panta-
looms the American Federation of Labor political com.
mlttee waited attendance the Democratic platform
makers at Houston June rs and achieved somewhat
better results President VIM. Green, accompanied by
Frank Morrison Mathew Vol, Martin Ryan and James
o'Connell, presented 10 requests. Faborabe acton
was accorded the following eleven
10 amend the antitrust law to restrict labor njunc-
ions to protection of material property, to recognize
collective bargaining by organized labor to continue
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1928-07-06

billion dollars. American wealth is
estimated as high as $50 billion dol
lars. In productive power the U. S.
stands preeminent.
The dollar has stabilized capitalism
in Europe blocking the spread Of
bankruptcy and social revolution. 1t
is recognized recognized even by the
British bankers as the world standard
of value. American bankers, bull
warked by the federal reserve sys-
tenn, are capitalizing the situation.
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1928-07-06
Friday, July 6, 1928

l., Under their direction Ame,i.
dollars are boldly storming tb the H
nomic defehses of other Sat tle eco
tllterlng in as the situation rOnl: or,
And behind the dollars are tbe 4Rulres.
lean marines and the enormo crrH amer amer
tlal war strength of the AmppU o!en-
people. american
All this is summed up in the oil,
bratlon of the 4th of July 1928 S Cele :.
marks the development Of 'e eD,n 1t
worship. empire
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1928-07-06

Countries that sell more than they
buy include the United States Can
ada, Czechoslavakia, France, India,
Malaga, New Zealand, the Philippines
and Sw eden. The remaining countries
are forced to buy abroad more than
they sell. Great Britain's import bal
ance comes to nearly $2,000,000,000,
but this is paid for out of overseas
investments and by shipping charges.
In most other cases the excess of
imports over exports means that the
countries involved are increasing their
Indebtedness, principally to American
capital.
The combined exports of the %
trading nations in 1927 amounted tt
$23, TAO, 000,00 compared with $22,
732,000,000 in 1926. Their aggregate
imports totaled $26,284, OOO,O 900 as a
gainst $25, 600,O00,000 in 1926. These
huge figures reflect world trade
unity which affects the workers il
every country. Wage levels, tn
length of the working day, the EN-
ployment situation, all these condi
tions of labor are determined by cap
italist trade forces acting on a worl
basis
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1928-07-06

Plentywood again done itself proud in welcoming
the people of Sheridan and neghborng counties to this
city last Tuesday to celebrate independence Day.
fine talk given by Ernest C. Parrish, free to
1l coffee and lemonade served free to picnicers
free show was held at the Orpheum nearly all day
besides free races and fireworks in the evening
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1928-07-06

Mechanical robots or "teleyoxeoo
have been perfected says a news
story, so that they can talk and do
everything the average salesman can
do except think. Some cynics believe
that sentence is just about two words
too long!
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1928-07-06

power there is no comparison. The
annual income of the United States
at $9O,000,000,000 is nearly equal to
the entire national wealth of Great
Britain which is estimated at 100
The Indianapolis times., 1928-11-09
FUGITIVE DIES
BY OWN HAND
Terre Haute Man Cheats
Law in Murder Case.

BU Times Special
TERRE HAUTE. Ind, Nov. O.
Homer Patterson is dead by his own
hand, choosing that way out rather
than be arrested on a murder charge
He has been a fugitive two months
The suicide occurred here early
today when police surrounded a
house in which Patterson was hid
ing. He fired a bullet into his head
and died shortly afterward in a hos
pital.
Mrs Myrtle Miller of Muncie was
the victim of the murder for which
Patterson was wanted. Her body
with the head battered was found
beside lonely road near Newcastle
Aug. 81.
Charles Beasley is serving a life
term in the state prison at Michi-
gan City for the murder. Beasley.
Pattersona Mrs. Miller and Mrs.
Irene Meyer of Terre Haute were
members of drinking party in an
automobile. Mrs. Meyer was held
as witness against Beasley, declar-
ing he beat Mrs. Miller to death with
a hammer, robbery being the motive
Patterson had eluded authorities
since that time.
The Indianapolis times., 1928-11-09
Wife ON hike
FOR LOST MATE
Woman, so, TrampS Roads
From Ohio to Albany.
BB URitcd Press

BB United Press
ALBANY, N. Y, Nov. 9.-Footsore
and weary, Mrs. Helen Walker, &
timid, silver-haired woman of so, an
rived here Thursday night, after a
cross-country tramp from Toledo,
o., in search of her husband, who
left her because he thought himself
burden.
Six years ago, Mrs. Walker said,
her husbands health was broken
and since that, time she has been
their sole provider. -Four weeks ago
they we're together at Louisville and
Walker left her to go TO Toledo
She has not seen him since.
DiSheartened by a futile search of
Ivedo, the woman turned her steps