davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1929-04-18
DOROTHY DN's LETTER BOX

EAR young claim that girl accepts
anotner
him, / DO gre What do think? MAtlON.
Evening star., 1929-12-19
Washington Stock Exchange

SALES.
Washington Gas IS A-$200 at 1o112.
$500 at 101, 81 900 at 102.
Washington Gas 6s B-$l00 at 10234.
Capital Traction Coo at rs.
Potomac Electric So pfd-5 at 1094.
Potomac Electric 512 % pfd-5 at 104 z
2 at los, at los.
Commercial National Co. pfd.-5 at
10lA.
Security Storage Co.-10 at 116.
AFTER CALL.
Capital Traction 5s-$1 900 at 90.
Washington Gas 6s A-$200 at 100%.
Mergenthaler Linotype-10 at lot.
Evening star., 1929-12-19
RAIL VALUATIONS
REVISION EXPECTED
Reopening of "Recapture'
Case by |. C. C. Follows
Court Verdict.
BY CHARLES F. SPEARE.

Special Dispatch to The star.
NEW YORK, December 19.-The an
nouncement that the Interstate Com
merce Commission has reopened for
further argument the celebrated re
capture" case of the st. Louis & Oral
Ion Railroad is of great interest in rail-
road and banking circles, in that 1t Is
expected to lead to revision OF the
commissions ideas on railroad valua-
tions.
Last May the Unitet; States Supreme
Court handed down notable decision
In which it held that the methods
adopted by the Interstate Commerce
Commission for ascertaining the Vaiue
of American railroads for rate-mak1ng
purposes was improper. 1t declared that
the commission had not given sufnclent
consideration to present reproduction
costs" in estimating the value OF carrier
property.
tentative valuation OF the Wabash
Railroad, which is in dispute. The val
uation placed on the Wabash by the
commission was $l03,616.9 .951, but the
railroad contends that 1t should be
$l61 ,545, ,948. AS an illustration Of how
far the commission has refused to con-
slider present costs Of reproduction the
petition of the Wabash protesting this
valuation states that the official valu-
alton was only $3,556,706 in excess of
the total additions and betterments
since the year 1871 and included no
charges for the original cost of the
road.
Procedure Criticized.
The opinion of the Supreme Court in
the famous st. Louis e. O'Fallon Rail-
way case contains sweeping criticisms
of the procedure of the commission in
setting up its valuation figures. Not
only had it denied the factor Of present
costs, but the majority members of the
court stated that the commission had
"disregarded the approved rule and has
thereby failed to discharge the definite
duty imposed by Congress-" which re-
quired that this body, in determining
values, shall give due consideration TO
all the elements recognized by the law
of the land for rate-making purposes"
1t also pointed out that it had indi-
Gated what these elements Of value
were, but that the commission, In its re-
port, carefully refrainS from stating
that any consideration whatever was
given to present or reproduction costs
in estimating the value Of carrier prop
erty."
The United States Supreme Court
took the view in this case that Congress
had directed that values should be
based as much on present costs as on
all other facts. and that whether or
not the Interstate Commerce Commis-
sion was in agreement with this aca-
demically, its line of procedure had been
indicated and that the mandate Of
Congress must be obeyed. This idea
was further conveyed to the commits
sion by the court in plainspoken Ian
Evening star., 1929-12-19

guage, In which it indicated that it was
not the function of this body ito act
as an arbiter in economics" A con-
siderable portion Of the decision was
reprinted in the report of the Interstate
Commerce Commission published about
two weeks ago.
The effect on railroad securities of the
O'Fallon decision last May was to bring
about a pronounced rise in them, and
especially In the shares OF roads with
earnings that were previously subject
to "recapture," as where the earnings
we're in excess of 6 per cent on prop
erty investment. The systems most
benefited we're the Atchison, Chesa-
peake & Ohio, New York Central, Nor
folk & Western. st. Louis & San Fran
cisco, Atlantic Coast Line, Reading and
Baltimore g. Ohio, whose individual La
bilities for payments to the Govern
ment of the recapturable half of ex-
cess earnings ranged from 100000 to
more than $36,000,000. The total
amount recapturable has been estimated
at $300,0o0,o0O. Late in the Summer
Evening star., 1929-12-19

heavy buying of railroad stocks again
developed as the importance of the
United States Supreme Court decision
was revived. At that time many mem
bers of the rail group sold at the high
est prices in their history.
Basis Of Valuations.
Under the proposed reopening of the
O'Fallon case there will be an oppor-
tunity for representatives Of the rail-
roads to indicate to the commission
their views on valuations, and specit1-
cally to present, figures showing the
wide variance between valuations as set
up by the commission and those to
which application of more businesslike
methods has been made.
1t has been argued that if valuations
we're based on reproduction costs they
would add $4,000, 100000 as a mini
mum to the total value of all of the
roads in the United States, and that
Evening star., 1929-12-19
SOUTH AMERICAN
BONDS ARE HIGHER
Argentine and Other 0bIiga-
tions Improve After
Recent Drop.
BY F. H. RICHARDSON.

Special Dispatch to The Star.
NEW YORK, December 19.-Chief
interest in the bond market today was
again with the Argentine and other
South American issues.
Following Tuesdays extreme decline
in the Argentine government and pro-
vincial bonds, they staged a rapid
come back which in different descrip-
tions ranged from 312 to points, but
did not hold all their gain. 1t was
felt that Yesterdays selling had been
somewhat ill-advised. Its effect would
not have been so pronounced had there
been the sort of support in these is
sues that was to have been expected.
Other South American obligations
had a somewhat heavy tone, although
trading in them was slight. Chilean
and Peruvian issues declined fraction
ally. There we're also small losses in
a number of the poorer European
credits. but on the other hand strong
market for the better ones.
In the domestic list the volume of
transactions was in keeping with the
general lethargy that has come over
all markets this week. Without any
leadership, prices were inclined to sag
slightly both in the convertible and
the mortgage issues.
Municipals Improve.
In no other department has the i'm
provement in bonds been so great as in
municipals. These have moved out
rapidly during the last two weeks. Evil
uence of this was given today in the in
formation that one-half of the New
York City issue of SOS 100000 AIS had
been sold and approximately the same
proportion of the $45 100000 offering
Of the City and County of San Fran
cisco. Deep inroads have been made
into the Detroit and Montreal issues,
with large portions of other smaller
municipal loans marketed. The demand
has been not only from this country,
but from abroad. 1t is understood, for
instance, that $1000,000 of the New
York Port of Authority Avs we're re-
Gently sold in London, and that $780,
600 City of New York AIS went to Ger
many.
The same excellent demand has
taken place in corporation issues that
have come into the market lately. The
$30,000,000 Canadian Pacific collateral
SIS moved out rapidly. There was
600 Union Electric IS. The difficulty
in obtaining short-term notes has had
the effect of turning corporations and
individuals toward the long-term mar
ket, though so far only in the way of
inquiries rather than actual purchases.
This market depends for its future on
a continuation of low interest rates.
Opinion as to rates in the next few
months is much divided.
Pacific Lighting Issue.
An issue of 10000 shares of Pacific
Lighting Corporation per cent pre-
ferred stock at par was the chief offer
ing today It was announced that the
Chesapeake g. Ohio has asked author
ity of the Interstate Commerce Com
per cent coupon, of which the largest
part is to retire the 41aS that mature
next February. A 100000 three-year
per cent note issue by the Cond
Mast Publications has been placed pri-
vately.
Evening star., 1929-12-19

out of this would develop a much higher
rate structure and one that would be
inimical to the interests of the farm
ers and large shippers of freight. Rail-
road stocks were slow today to reccg-
nize the importance to carriers OF the
reopening of the valuation case.
Evening star., 1929-12-19
AFTER CALL.
Bid and Asked Prices.
BONDS.
PUBLIC UTILITY.

Amer. Tel. g. Telga. 4lzs 81. .e77s go.
Amer Tel. g. Telga. 4lzs '39... l38 ....
Am Tel g. Tel. ctl. tr. 5s..... l03 -.
Anacostia g. Pot. r. r. 5s...... 81 S5
Anacostia g. Pot. guar. 5s..,... 90i2 9212
C. g. p Tel of Va. SIS. ........ l00l2 .:.;.
Capital Traction r. r. Ss...... 92 s2fs
City g. Suburban 5s. ........... 81 S2
GEORGETOWN Gas lst 5s......... 97i2 l0l
Potomac Elec. cons. So ........ 1894 lOl
Potomac Elec. 6s 1858 ..,..:... lO6 ..:..
Wash, Alex &; Mt. Yer. ct...
Wash, BALTIC. a. Annap 5s..... Sc .....
Washington Gas SIS. ............ 100 .....
Wash. Gas 6S, series A..,..... l0lI2 .....
Wash Gas 6s, series B...,.... l03i2 .::..
Wash Rwy. & Elec 4s......... 6314 "a
Evening star., 1929-12-19
CHICAGO DAIRY MARKET.

CHICAGO, December 10 (P.-Butter
Steady; receipts, 4,645 tubs; prices un-
changed. Eggs-Steady; receipts, 1,276
cases; extra firsts, so to So; graded
firsts, as to 48; ordinary firsts, 80 to
43; refrigerator extras, s81s; refrig-
orator frsts, 37h.
Evening star., 1929-12-19
Standard Gas G. Electric.

NEW YORK, December 10 L4Y-The
Standard Gas g. Electric Co. has noti-
fed the New York Stock Exchange that
1t proposes tc increase its authorized
common stock IRON 100000 TO TO-
100000 shares.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1929-03-13
PROBATION FOR
MORE STRIKERS
New Bedford Workers
to Hold Mass Rally

Especial to the Daily Worker)
NEW BEDFORD, Mass, March
12.-Eleven picket captains and
strike leaders of the six-month long
textile general strike which ended
here some time ago, were given the
same sentence as was received by
the 100 strikers tried last week.
They were freed but must undergo
q six months probation period. Five
hundred and forty-nine cases are
still to be heard and the next batch
comes up tomorrow in the Superior
Court, Bristol County.
By ordering the most active picket
captains and strike leaders, punched
for trial together and separated
from the other mass of defendants,
the impression was created that the
Massachusetts judges were prepair-
ing to assume their usual function
of hangmen for the mill owners.
The workers believed that a frame
up was in preparation against their
Continued on Page Fiue)
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1929-03-13
Ladies TailOrs Will
Hold Protest Meet in
Bryant Hall Tonight

While the workers in other crafts
of the needle trades meet at a big
mass meeting under the auspices Of
the new Left wing union, the work
ers in the small ladies tailor shops
members of Local 38 of the reac-
tionary International Ladies' Gar
ment Workers Union, will hold a
mass meeting tonight in Bryant
Hall, Sixth Ave. and 42nd St., as a
protest demonstration of the re-
moval of 20 Left wingers from the
ballot by the Right wing clique in
control of union machinery.
In printed appeal to the mem
bers of their trade, the Left wing
ers removed from the ballot have
issued a call to the workers to come
to the meeting and begin cam
paign to drive the union wreckers
from their hold on the organization.
The appeal is signed by the 20
workers, whose activities for the
welfare Of the organization, has been
union since its beginnings. Most of
union since its beginnings. Most Of
thoe removed.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1929-03-13
COURT REJECTS
vAARA APPEAL
Finn Communist Editor
Must Serve

TORONTO, Ont, March 12.-Arvo
Vaara, editor of 'Vapaus," daily
newspaper of the Finnish section of
the Communist Party of Canada,
must serve sentence of six months
and pay $1,000 fine or, in default,
serve two extra years in jail, was
the decision of the Second Appel
late Court at Osgoode Hall, in re-
jecting the appeal of the Canadian
Labor Defense League.
Charged with sedition, Vaara was
arrested for writing an editorial on
the British Kings illness in which
ne attacked the Baldwin government
for its callous indifference to the
plight of the British unemployed.
The defense appealed on the grounds
that the judge failed to state to the
jury material facts in the evidence
favorable to the accused, and espe-
cially prejudiced the jury by mis-
stating the evidence of Ahlquist and
Hill, co-workers with Vaara in the
Finnish section of the Communist
Party.
When A. w. Roebuck, who ap-
peared for Vaara, asked that the
fine be cancelled, Justice Riddell de-
clared: "Let him go to the execu-
tive and say how sorry he is. Let
him be sorry for his offense. He
doesn't appear to be sorry a Bit"
Protests demanding the uncondi-
tional release of Vaara are being
sent to Attorney-General w. H.
Price of Toronto by the Canadian
Labor Defense League and by work.
ers' organizations throughout Can
ada.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1929-03-13
HOOVER SAVING
OIL FOR COMING
WORLD CONFLICT
Complete Conservation
Announced to Press
as Permanent Plan
Shields Big Oil Barons
Appoints Millionaires
to little Cabinet"

WASHINGTON, March 12.-Di-
rect assistance to the largest oil
companies which hold now enough
oil lands to continue production at
a rate faster than the market can
absorb it at the most profitable
prices was given by President
Hoover today. He announced that
no oil leases at all would be granted
except on orders from Congress.
This leaves the government oil sup
plies intact, ready for war with any
large sea power, and leaves the
Standard Oil and its friends secure
from competition of rivals which
might buy their way in as Sinclair
did under previous republican ad-
ministration.
Save Up Oil.
The presidents policy was stated
IN the regular twice-a-week press
conference today, as follows:
"There will be no leases or dis
posal of government oil LANDS, no
matter what category they may lie
in, of government holdings or gov
ernment control except those which
may be mandatory by Congress. In
other words, there will be complete
conservation of government oil in
this administration"
President Hoover today appointed
Ernest L. Jahncke, of New Orleans,
to be assistant secretary of the navy
to succeed Theodore Douglas Robin
son of New York.
Patrick j. Hurley, of Tulsa, Okla,
was appointed assistant secretary of
war. He succeeds Col. G. G. Rob-
bins, of Iowa.
Two Millionaires.
Jahncke is a millionaire yachts
man from New Orleans He owns
the Jahncke dry docks there, and a
shipp ag service. He led such re-
publican forces as exist in that
southern state.
Hurley is the leader of Hoover
forces in Oklahoma. He was a
lieutenant colonel during the world
war, and will have charge of indus
trial mobilization plans in the COM
ing war. He will also have much
to say about the valuable contracts
let by the government even before
the war. There is much profit in
the proper handling of these con-
tracts.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1929-03-13
Z. S. Gives Ships to
Grab Trade of Latins

WASHINGTON, March 12.-The
U. S. Shipping Board today re-
ceived four bids for the Gulf Brazil
River Platte Line, Of which the
S2,695,672 offer of the Munsor
Steamship Company of New York
was the highest.
Thirteen steel cargo freighters
operating between the gulf and
South American east coast ports are
included in the line which is now
operated by the Mississippi Ship
ling Company Of New Orleans.
The Shipping Board has been try
ing for some time to strengthen the
Munson Line for competition with
ENGLAND for South American trade.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1929-03-13
LATHERS union
OFFICIALS RUN
men OFF JOBS
Use Gangsters to Help
Big Bosses Organize
Anti-Labor Trust
Militants Expose Waste
Issue Leaflet on Case
of Suspended Local

When members of Local 6 Of the
Lathers' Union went to job tc
which they were sent by the local
union secretary recently, they found
that because the employer, Turco-
witz, did not belong to the big con-
tractors trust that is being organ
lied in New York and vicinity, they
were to be laid off, by their union
officials.
The union delegate appeared,
with gang of strong arm men,
and drove every man from the job.
Turcowitz is being punished by the
union, to aid the bosses form an
anti-labor organization, and the
union lathers who get jobs only oc-
casionally these days, had to be
punished too.
Progressives Fight.
Energetic protest is being made
against such actions and other dis
graceful conditions in the union by
the Progressive Building Trades
Group, Lathers' Section, which
charges directly that this Turco-
witz incident is but one of a series.
a general policy of class collabora-
ton with the largest and strongest
employers.
In addition to this, the progress
sives charge in leaflets they are dis
tributing, the union officials waste
the money of the local, to the point
where it was suspended by the in
ternational. The officials are also
plainly charged in these leaflets
with demanding graft from prospec-
tive members, and with making pri-
vate agreements with the bosses. for
an unknown consideration, to leave
certain jobs non-union.
The officials against which the
progressives bring these grave
Continued on Page Tauo)
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1929-03-13
ANTI-FASCISTI
ORGANIZATIONS
NOW WORLD WIDE
Berlin Congress Plans
international Fight
~ on Blackshirts
Police Attack Meeting
Billings Honored With
Place on Presidium
(WmeIess By "Inprecorr1l

Wireless By "Inprecorr")
BERLIN, March 12.-The Inter
national Anti-Fascist Congress
opened Saturday, with Barbusse in
the chair. Seventy delegates were
present from Germany, 81 from
France, 20 from Czecho-S -Siovakia, Ia
from Norway, IL from Britain, II
from Austria, 8 from Switzerland
19 from Italy, 7 from Spain, G from
Poland. 5 from Denmark, 5 from
the United States of America,
from Sweden, 3 from Hungary, 4
from Bulgaria, 4 from Yugoslavia,
4 from Rumania and G from the
Balkan national minorities. Among
the well-known persons present
were: Karolyi, Fan Noli, Migliol
and Ledebour.
The presidium, unanimously
elected, consisted of Barbusse, Shook
of Britain, Bitner of Poland, Ka-
lolyi of Hungary, Miglioli of Italy,
Muenzenberg and Heckert of Ger
many, Fan Noli of Albania and
others.
Billings on Presidium.
The following victims were elected
honorary members of the presidium:
Billings, Terracini, Gramsci, Ra-
kosi, fanow, Dobrogheanu,
Marty, Margies and others.
On the agenda were: fascism, i'm
perialism, war danger, fascist ter
ror, the situation of the workers,
peasants and intellectuals under
fascism, and international anti-fas-
cist methods.
After numerous kilograms of
greeting were read, Barbusse spoke
on the first points of the agenda,
stressing the great significance OF
the congress and describing fascism
as the scourge of humanity. He de-
clared the congress had not met to
mourn the victims of fascisnl, but
to prepare for the practical struggle
to destroy fascism.
There was tremendous applause
for Barbusse's speech.
Manfred Georg, chief editor of the
big daily, Tempo, Karolyi, two vic
Tins of the Czecho- -Slovakian fas-
cism, Doctor Welt of Switzerland
and Heckert of Germany also spoke.
Britain Not Democratic.
Middleton, a British delegate, de-
clared Britain was no longer a great
democratic country, but that strong
tendencies toward fascism existed,
for instance, the anti-trade union
bill, Mondism, etc. He said the re-
formist trade union leaders were as
sisting the government to abolish
the workers. rights, but that the
revolutionary spirit of the workers
was unbroken. The great reception
given the marching unemployed, the
Continued on Page Three
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1929-03-13
WIN MILL STRIKE
IN new BEDFORD
New Union Gains Fast
Victory for Weavers

NEW BEDFORD, Mass, March
IA quick victory was the reward
reaped by the so weavers in the
Achushnet Mills, who walked out on
strike yesterday under the leader
ship of the Mill Committee of the
National Textile Workers Union, in
a demand for a raise in wages.
The superintendent was compelled
to come and negotiate with the
heartily disliked (by the bosses)
mill committee of the left wing
union, and agree to give in to the
demand of the workers that they
be given a raise in rates that is
equivalent to $3.50 per week.
Altogether the strike lasted only a
few hours old.
The weavers met. with their COM
nlittee and with the N. 7. w. Local
heads and decided to picket the
looms from the inside, so that no
scabs can be brought in to take their
places. It was then that the boss
approached the committee for set
tlement.
This is by no means the first
strike for improvement of conditions
which the National Textile Workers
Union Local here has waged since
the end of the big general strike in
volving about 10000 workers. Other
single strikes have been called, near
ly every one Of which ended in either
gaining raise for the workers OF
n preventing the installation of
some regulation that lowered the
workers standards.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1929-03-13
Big Cooper Union Rally of
Needle Trade Workers T0dav

A mass meeting of needle trades
workers, called by the Needle Trades
Workers Industrial Union, will be
held tonight in Cooper Union, Eight
ST. and Fourth Ave, soon after Z
o'clock.
The meeting was called to acquaint
the union membership and the work.
ers in the trade with the outcome
of the general strike in the dress
industry. Speakers will also report
on the projected general strike the
union is about to organize in the fur
industry to gain decent working
standards instead of the sweat shop
conditions now obtaining in the fac
tories.
Members of ali departments in the
industrial organization of needle
workers are called to attend the
meeting.
Socialists Fake "Strike."
Due to the remarkable successes
achieved by the new left wing
union in improving the standards of
the dress workers through the bril-
liant general strike, the officialdom
of the reactionary Socialist Interna-
tional Ladies Garment Workers
Union, whose prestige suffered not
only among the workers but among
even their friends, the bosses, are
trying to recoup their waning for
tunes. They therefore decided on a
plan which will net them little
more consideration" from the en-
ployers and at the same time line
their pockets comfortably. They an
nounced threatened strike in the
cloak trade and, calling their hench-
men together, passed a unanimous
motion to tax each member belong
ing to the right wing union $40
apiece.
That the threat to strike is fake
one can be seen in the fact that all
assistance they received from the
employers hitherto in fighting the
left wing unions, was given because
they aimed to replace the militant
struggle policies of the left wing
with their no-strike policies of their
scab union.
While these mythical "strike
threats" are polluting the atmos-
phere, the left wing is busy organ
izing their forces for duplicating
their brilliant accomplishments in
the dress trades with the coming fur
strike. Intensification of the strug-
gle for better conditions in the cloak
industry are also on the order of
the day.