davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-18
FARM FINANCING PLANS
DISCUSSED BY SIMMONS

The interdependence Of finance and
agriculture and the value Of security
collateral loans TO the country bank
were among the outstanding subjects
of an address delivered yesterday be-
fore the Nebraska Bankers Associa-
ton in its annual convention at Omaha
by z. H H. Simmons, president of the
New York stock Exchange. Mr.. Sim
mons declared that instead of being
antagonistic to the interests of agrlcul-
ture Eastern business and financial IN
terests realized that prosperity in the
farming sections of the Nation was
necessary to full prosperity in the re-
mainder of American business.
Today" he said. "the New York
call loan market is undoubtedly the
most highly organized security loan
market in the world. For many years
there has never been single loss to
a lender arising from a call loan made
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-18
BUYS CAROLINA FIRM.

NEW YORK. october 10 tP)..Com-
mercial Investment Trust Corporation
of New York. one of the largest con-
Germs in the world engaged in financing
and merchants, an
nounced today the purchase of the
Carolina Credit Co. of Greensboro
N. c., from the Richardson interests Of
North and South Carolina. The Carolina
company has resources Of more than
s2250,000. The personnel of the pur-
chased company will be unchanged, the
purchasing corporation announced.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-18
BIG CALL MONEY LOANS
AFFECT BUILDING PLANS

Special Dispatch to The Star
NEW YORK, october 18.-The effect
of high money rates and the with
drawal of capital from normal channels
in order to place it in the remunerative
call money market is strongly indicated
in the downward trend in building
activities throughout the country.
This was first observed in August and
was carried into September in am even
more positive degree In that month
the total value of building permits in
the United States was IA per cent below
the month previous and 10 per cent
under September, 1927.
A national building survey that
analyses the situation closely stated
that Enthusiastically that portion of the
construction industry devoted to the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-18
SUPPLIES Of FISH
/. PLENTIFUL IN D. c.
Prices Are Reasonable.
Oysters and Crabs Are
Also Numerous.

Offerings at Municipal Fish Market
N1is morning were numerous and cheap
continued warm weather having in
creased catches and made the demands
slower. Oysters have been so plentiful
this week that prices were lowered, and
receipts were so heavy that much sur
plus stock was returned to the beds.
Dealers this morning had plenty river
oysters to offer as low as 81 a bushel,
the price being the lowest that has pre-
vailed in recent years. Standards this
morning were offered as low as So a gall
lon. selects selling. at S225 gallon.
Soft crabs also were more plentiful
and cheaper, good stock being offered as
low as 81 dozen. Crabmeat. also plenti-
full, sold as low as 40 cents a pound.
Hard crabs were quoted at 81 a barrel.
There were practically no Boston
mackerel in the local market this morn
ing. Boston shippers supplied other fish,
however including cod at 10 cents, hall
but at cents, fillet of halibut at IS
cents, founders at Is cents, halibut at
% cents, salmon at % cents and seal
oops at 81 gallon.
Trout Plentiful.
Trout were especially plentiful, small
stock selling as low as 5 and larger
stock at 10 cents a pound. Other fish
from the lower Potomac River and
Chesapeake Bay included white perch,
z cents; catfish, s cents; rockf1sh, 20
cents; croakers, Is cents, and butter
fish, 20 cents a pound.
Florida shippers furnished local deal
ers quantities of red snappers that sold
at % cents and jumping mullets that
were offered at Is cents pound. Deal
Prs had bluefish at Is and Norfolk spots
ut Is cents a pound
Slight changes a. prices of some
meats were reported this morning, and
dealers reported slow sales, the demand
; not having been very brisk the past few
days. The egg market continued very
firm, fresh nearby stock being scarce
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-18

erection Of buildings in the cities and
towns of the country has entered an
era of more restricted activities" These
activities are now lower than they were
at this season in 1928 and in 1927.
Until September, the general situation
was favorably influenced by the volume
of permits in New York City. but last
month permits here decreased along
with many other leading cities through
out the country. They were not only
smaller than in the same month of the
two years previous but S23.000.000 under
August. In Chicago and Detroit they
were 30 per cent below last year while
the reduction in Philadelphia was near
~ so per cent. Cities that showed an
increase of some size we're Milwaukee,
Boston, Washington, Cincinnati. Newark.
Pittsburgh, New Orleans. Atlanta, IN
dianapolis, Houston and Omaha, the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-18

NEW YORK, October 18 G4).-A plan
for absorption by the Charles Freshman
Co. Of the Freed Eisemann Radio Cor
poration through an exchange of stock
Will be submitted to stockholders of the
former on October 81. Both companies
are situated in New York and manu-
fscture radio sets and parts.
The proposal Is to exchange one
share of Freshman stock for three
Freed-Elsemann shares and increase
Freshman authorized capital from 500,-
000-to 100000 shares Freshman stock
holders will be offered the right to buy
at $1,000 one new share for each two
shares held. Freshman stock sold on
the curb market yesterday slightly
under SIS.
England has 100000 sheep this
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-18

permits Of Omaha being nearly three
times greater than in 1927. :!grt
The downward trend has not been
so marked In the smaller communities p"
as in the metropolitan areas.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-10-18

England has 100000 sheep this
season
Evening star., 1928-05-13
EVERYDAY RELIGION
BY THE RIGHT REV JAMES &. FREEMAN. D. D., Ii. d.,
Bishop OF Washington

the growing looseness, If not laxity, in
the marital relations--all these seem to
conspire In our generation to take from
the home its more commanding ana
compelling virtues and to render the
influence of mother life less persuasive
and influential than 1t once was. One
sometimes wonders whether the modern
conditions under which we live, fasci-
mating as they are, are producing as
strong and virile a type OF men and
women as we have known in other
periods Occupational and professional
life, as we'll as that of q public career,
have come TO challenge and engage the
service of women as never before. In
the life of the State and the Nation
she has become the peer OF man. All
this Is emincntly fit and proper. The
large question Is. VIII this later in
diligence In the practical concerns OF
workaday life render the mother OF the
household less effective and influential
In molding and shaping the charac-
ters OF those who constitute her first
charge and responsibility? No matter
what modern conditions OF living may
have effected, 1t Is conspicuously true,
and 1t will continue to be true. that
there is no such single influence as
that which the mother exercises In
uetCIIIllllllk anu tHahlIlB tlAE AlAkAi
standards that contribute to wholesome
living. No substitutes have been dis
covered, up to the present time, that
are remotely comparable TO the mother
influence. The disciplines of school
life and the strong influence exercised
by highminded teachers may contribute
much to the refining and enriching OF
our youth, but they can never take the
place OF the one whom God has pecul-
iarly ordained to be the mightiest fac
tor In determining the high things of
character. 1t was said of the mother
OF Christ. as she observed the devel-
oping life of her divine Son. His ex-
traordinary ways and habits that "she
kept all these things and treasured
them In her heart" This single state
ment discloses what constitutes the Sc
cret of mother infiuence--it Is the in
fiuence that proceeds from the heart.
We may grow careless and rebellious
at times we may violate laws, human
and divine-~yes we may sink to the
low levels of moral obliquity--but the
power that inevitably restores us to new
standards of living Is the memory OF
one whose influence over us Is never
lost All the character making agen-
cies we may employ must ultimately
recognize that the effectiveness Of their
service is largely conditioned and de-
termined by what takes place In the
home through the influence Of high
minded. tender-hearted, consecrated
mothers,
Evening star., 1928-05-13
DISPOSAL OF LUsITANIA CLAIMS
BY FREDERIC J. HASKIN.

son OF New York was named the Amer
ican commissioner. Dr. Wilhelm kieS-
selbach, a distinguished lawyer Of Ham
burg, was named by Germany.
More than 10000 claims. totallEe
a billion and half of dollars. were
submitted by Americans The German
claims were limited to certain ships,
patents and radio station seized by
the United States. That Germanys
faith In American justice was not mis-
placed is shown by the fact that in the
awards the commission reduced the
American claims to less than one-sixth
Of what our citizens demanded.
How the Task Was Accomplished.
The Mixed Claims Commission quickly
set q precedent for expediting Its work.
For centuries IL has been the habit Of
international claims commissions 10
hear every case separately, as an IN
dividual lawsuit, with testimony. briefs,
arguments and so on, The present
commission cast precedent aside, and
tabuIated and classified the claims. II
then agreed TO hear one case In each
class, and to settle all other cases IN
that class on the basis determined oy
the test case. This msthod saved Ut
orally years of time. 1t SOUNDS ike
simple common sense, but to break
diplomatic precedent Is no simple mat
ter To the firmness, ability and TACT
of Judge Parker must go large credit
for this proceeding, The umpire ike
wise found most of the difficult PROB
lens were referred to him for decision
Judge Parker. whose personal work
carried the whole task steadily forward,
came TO this work relatively unknown
as q public man, except for his serV-
Ices during the war rs q member OF
the War Industries Board. and just
after the war rs chairman of the United
States liquidations committee. For
many years a leading lawyer at HouS-
ton, Tex, he had never sought public
Office, His thorough equipment for
handling the most difficult problems OF
International law, and for practically
writing international law in cases
where none existed, was soon mace
| evident. The American Journal OF In
ternational Law, and other authorities,
agree that many Of his decisions In the
| German American cases have already
become the recognized law OF interna-
tional rights on the points involved.
The payments now about to be made
| TO the American claimants begin with
the personal death and injury claims
Of some S4,000,0O0 and with property
claims OF less than 100000 each
totaling about $30,000,000 These will
be followed by payments on account OF
the larger property claims, and by 80
per cent payments TO German claim
ants, The funds TO meet the payments
will come from the 30 per cent OF
alien property which our Government
retains temporarily, from interest on
alien property previously held, and
from payments by Germany under the
Dawes plan The financing OF the
whole plan has been sktilfully worked
out, chapter In financial operations
almost as remarkable as the work of
the Mixed Claims Commission In max
Ing the settlements.
Evening star., 1928-05-13
A Slippery Little Fellow.

Just returned from . visit " hiesEa-
gas, Brig Gen, Frank n MoCoy, who 10
chairman of the national board ef eiec-
<sas Of tiaat country, bs arrangement
with the United states Government, re-"
plies " questions regarding safadiro, the
elusive bandit vino has been giving the
American Marines considerable trouble.
ssndino. he declares. IL lust little fellow
proving among the mountains Were
II not for the attention given " his ek-
ploit4 ny the American newspapers hf
would not be Teck0ned 81 ef sny I'M
partADee Wbsteyer Then. passing W M
question % ~ why he las not beer
eaugi1t, Gen, Mocoy says, II required
tBq years 70 eslsb Billy the Eia y pc"
Evening star., 1928-05-13

among American professionals How
ever, he has the Knack Of reaching tho
crest OF his game at the right time, and
coming through with the critical shot
when it Is badly needed He won the
national open of this country back In
1914. and again In 1919 Five times
has he won the championship OF the
Professional Golfers Association. He Is
without doubt the greatest match play
er in the professional ranks, either here
or abroad. The only regret Hagen car
possibly have is that Bobby Jones, VIM
ner of the British open the last two
years, did not go abroad to defend his
title. Jones is now engaged IN an ex-
hibition tour, aiding in raising money
for the olympic fund
The me-back OF Hagen must sure
~ take its place as one of the great ro-
mances OF sport Here was a man
beaten by the largest margin IN the
history OF the modern game - beaten
but not crushed--coming back to win a
championship against one of the finest
fields ever gathered for the event HIS
courage alone is an epic, and his golf
speaks for itself
Evening star., 1928-05-13

Mexico and Arizona, and q fugitive
might escape capture for long time
right here In New York or In Chicago" 4"
Il Is well thus TO remind the people
of this country, who have been some-
what impatient regarding the failure
of the Marines thus far to corner and
capture Sandino. that the record Of the
pursuit of lawbreakers and outlaws here
at home has not been uniformly sue
cesSful or expeditions, There are many
instances OF escape and evasion. Gen
McCoy'S reference to New York and
Chicago as hiding places is appropriate
II is well known fact that the expert
enced crook. who is wanted by the po-
hce, finds his safest harbor In the
big town" itself.
Billy the Kid, notorious outlaw of
long ago. was hunted by the police and
the military He was notorious despe-
RADIO. robber. slayer, who knew the
country where he ranged as we'll as an
urbanite knows the geography of his own
home, He knew where all the hiding
places were, refugees In the hills, which
could not be approached without the
detection of pursuers. He knew the
water holes. He was familiar with every
trail. Travelling light, with at times
few comrades. he skipped about from
one hiding place to another. occasional
ly making raid for supplies, It took
two years Of persistent pursuit, as Gen.
Mccoy says, to catch him.
Sandlno is no Billy the Kid" for the
American outlaw was in fact shrewder
and more experienced operative in
banditry than is the "little fellow" of
Nicaragua. But he knows the region of
his operations, rough, thickly grown
area. far better than do his pursuers
He can escape them perhaps for as long
as Billy kept out of reach of the Ameri-
can authorities But some day he will
be caught, as Billy was, and that will
end an episode which has in no wise re-
fieotcd d!scredit upon his seekers,
Evening star., 1928-05-13
Her children arise up and call
her blessed" (ProUerbs, TTri.28.
"a Dominant influence"


In the. formative influences that play
upon life the mother plays a large and
conspicuous part. Great movements
grow out of great personalities, and
great personalities inevitably proceed
do not mean great In their proper
tions or great in their environing cir
cumstance ! mean great In the whole
some standards they represent.
When we come to reckon with the
notable epochs In our own history we
find In each instance that their genius
had It's genesis In some simple home
oftentimes marked by frugality and fire.
quently poverty but rich In the things
OF character.
Talking recently with one of the most
outstanding men In the financial world,
he said to me: THE home In which
was reared was distinguished by an
almost barren simplicity presided over
by father and mother utterly plain
and humble, but superb In the things
Of character. My whole youth was
marked by an environment utterly
homely, barren or nll luxury, and at
times characterized by leanness. As
reflect upon 1t today can trace every
advance that have made in my ca
reer to the influences generated In that
home, 1t is my profound conviction
that the most abiding influences a man
carries. which constitute the real IN
spiration of service. spring from such
simple home environments" Having
reached the very apex OF distin-
guished career, this man was able TO
trace his rise to emincnce To those fine
and endearing principles inculcated In
Christian home.
Lincoln was deprived OF the strength
OF his mothers life when he was a mere
child. and yet he carried to his latest
day the impress made upon him by
this remarkable woman, Nancy Hanks
The influence she exercised upon him
In the plastic period of his youth
doubtless did more to shape his career
than any other single factor in his
life. The old adage that mo man is
ever greater than hts mother" Is not an
exaggeration 1t is widely confirmed by
close observation Of the lives of the
good and the great.
We have fallen upon a time when the
fine things of domestic life are not re-
ceiving the consideration they are en-
titled to, The pace at which we live.
the increasing tendency to luxurious
indulgence, the wider liberty af-
forded our children by reason of the
abrogated conventions OF domestic life,
Evening star., 1928-05-13
Hagen'a Epic Come Back

The Haig" has done II again
Counted out Of a chance 70 annez the
British open golf championship after
the crushing defeat administered 10 him
few short weeks ago by Archie Comp
ston. Hagen came hack with q yen-
geance yesterday 10 stage one OF his
typical finishes and nose out not only
the best Of the British, but also Gene
Ssrazen and jose Jurado, Gwarthy man
from the Argentine. who was the rea.
sensation OF the championship next TO
Hagen.
Never before In the modern history
Of the gsms has a ranking golfer suf-
feTed such defeat as the eight.
nd~seyenteen-to-go trouncing
given him by compston in spe-
ciai money match Hagen had just
stepped on The boat after d Winter ot
, golf idienesG He spent the Winter In
Hollywood, making motion picture,
and had not played q round Of golf
since October. His pleas that the
compstOn match be postponed 10 allow
him few days f0r practice were turned
down. and Hagen vent out against
c0mpat0n. without practice, and took
his licking But after that he settled
down " serious drill With tbs ar
surancs and confidence that " peculiar
W him he regaInad his game, eominf
on 70 thr crest of the great golf he car
play ~ just the right time
HsGen's victory st Sandwich yostei
day was repetition Of the 1879 tonraa
naent. where te scored his first ylctot.
~ tie British open and the flfst cred
tied " 81 ADlerieaH-born golfer. joel
HDtehiS0n, born at IT. Andrews, hat
won the tourney tte previous year a
the historic gray city by The esa,
J Hagen n not the greatest shot make
Ia The world. nor To Ae ths fnsst g9lfel
Evening star., 1928-05-13

added, that the law of diminishing re-
turns cannot be nouted."
Mr.. Mehrens suggestions to remedy
"First - Create sentiment against
the craze for volume, and restore
profits TO their rightful place as q
business objective.
"Second-Stop buyers protiteering by
insisting that prices and bids be shown
when price concessions are asked. and
by refusing to cut prices after they have
been submitted"
While the new competition has be-
come an overwhelming influence toward
higher efficiency, higher buying power
and higher standards OF living" o. II.
Cheney, vice president OF the American
Exchange Irving Trust Co, told gen.
eral session OF the national chamber,
he warned that the greatest danger
which American prosperity faces today
is that the new competition win get
out of hand"
whatever the business man, the
farmer, the worker and the consumer
must do to achieve the benefits of the
new competition and avoid the dangers
they must do only on economic prinei-
ples." continued Mr.. Cheney. ''rhe
problems of the new competition are
not political or legislative. The courts
and the legislatures are not the places
for lighting the new competition. II
we want the Government To stay out of
business, let us not rush Ia II for legis~
lation 10 handicap our competitors. The
Federal Trade Commission and the IN
tefState Commerce Commission exist to
destroy unfair competition not to create
1t Ii time for business To emaneipate
itself from its own fears and Shames.
Rusinesa must stop apolQgizing
for itself by cleaning It's own house,
Let business deal honestly and
fearlessly with It's own offenses and Of.
tenders, Let II expect and receive from
the Government only the highest ideals
Of public servlce-~~and welcome sincerely
the cooperative economic intelligence
and guidance which the Government
has 10 offer II h the duty Of
business to clean It's own house and II
has the rlght 20 expect the utmost OF
Government. nut II Ia the duty Of the
Government when business fails In It's
duty, 10 devise sound economic meas
urea for regulation and 20 enforce them
with Its police power and without fear
or favor"
Close analyais nt his business by the
retailer or wholesaler was urged by
other apsakarh particularly ut sessions
Of the distribution group where speak
efs pointed out that al per cent OF the
retail dealera OF the country do only
per cent of the total business this
elaas averaging sales OF less than $4,000
n wear each
The emphasis placed upon exposing
mass business with little profit. or IN
many cases an actual loss, and unan
seifustudy and facing Of facts which
marked the various sesaiona OF this
gathering Of business men last week
may he accepted ~ an Indication ol
the coming Of new phase vi industry
and oamlAnree
tC5plliRht, lpaal AA mA
Evening star., 1928-05-13
The Capital's Prayer,

All Washington prays that John Joy
Edison, lying desperately injured In a
hospital after an accident, may be
spared to continue his career of great
usefulness and inspiration to the COM
munity. Despite his many wears. he
has been during his later life an ex-
ceptionally active man. continuing to
attend to his duties maintaining his
interest In affairs, and keeping fully
abreas' OF The currents Of Capital life'
This fact encourages the hope that ne
may recover from his hurt.
To those who know him intimately
Mr.. Edison stands as bsloved figure
of industry and the finest quality OF
friendship, To the community at large
his name is a symbol of good citizen
ship. All now join In the expression
of deep regret that he should be cut
down while still active. even though
he has repeatedly declared that he
wished to continue In full occupation
throughout his life.
The mishap from which Mr., Edison
suffered his injuries appears to have
been unavoidable. Nevertheless It is
severe shock TO Washington TO see
him stricken thus and to feel that his
many years, which have been so rich
in accomplishments, count against him
in this crisis.
The countless anxious inquiries that
have poured upon the hospital where
Mr.. Edison Is now fighting for life at
test to the affectionate regard in which
he is held by all Washington. II the
wish Of thousands can have any force
and effect he will be spared for the
celebration Of many additional birthday
anniversaries.