davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1930-06-21
ices Fuctuate Within Range With Downward Tendencies
Watson, Mellon Open
Administration Move
To Brighten Business

to the country himself as to gen.
eral business conditions and the
outlook for the future.
Throughout the summer there
will be a steady hammering away
on the thesis of good business"
and the return Of prosperity"
through the agency of the Hawley.
Smoot tariff bill. The Democrats
have already accepted the issue
and shaped their own plans &C.
cordingly.
Secretary Melons statement
was the first he has made in
some months concerning the
business outlook. Throughout the
period of depression and the sue
cessive crashes in Wall Street,
Mellon has maintained a studious
silence.
BY inference, Secretary Mellon
sought to place much of the re-
sponsibility for recent depression
upon the uncertainty produced
by the is months wranglins over
the tariff bill. The Secretary
cautiously observed, however. that
he did not mean to imply that
the bill is free from defects"
The Washington times., 1930-06-21
Rubber Stocks Cut
SharDLu Since April

NEW YORK, June 21.-Stocks
of crude rubber on Far Eastern
estates in May amounted to
12,577 tons, compared with 23.9S4
tons at the end of April, accord
ing to figures cabled to the rub
ber exchange of New York.
These figures are of more than
ordinary interest, owing to the
suspension of tapping on estates
during that month under the
self-imposed restriction plan.
Dealers stocks at the end OF
May totaled 81, 1893 tons. the cable
showed, compared with 1854
tons at the end of April. Pro
duction declared on estates Of
over 100 acres amounted to only
3,644 tons, as against 18,849 tons
declared during April. Figures for
estates smaller than 100 acres
are not given.
Board of governors OF. the rub
Der exchange have voted that
Saturday, July 5, as well as July
4. will be declared q holiday On
the exchange
The Washington times., 1930-06-21
POWER 7 R j s 7
GAVE BR|BES

Rampant bribery lies behind the
wholesale buying up of munich.
pally owned electric plants by the
Power Trust and by smaller indie
pendent power interests, accord.
ing to a batch of confidential
reports that have come into the
hands of the Federal Trade Com
mission.
These reports, replete with ref
erences to "oil' and sugar" for
city councilman. we're made by
buyers for the defunct w. B. Fo-
shay Utility System and obtained
by investigators from its offices,
it was learned yesterday.
L. E. Lynch, manager OF F'o-
Shay's Public Utilities Kansas Cor
poration, asserted in a report to
his home office that eight out of
ten councils I have contacted dur
ing my brief acquisition experience
can only be handled through the
Coiling ---+sn1." ... .
His company and three others
were attempting to persuade the
town of Burlington, Colo, to turn
over its plant to private operators.
Lynch's report continued:
81 have been approached by
a man who claims that he can
handle the council for con.
SideratiOn and he assures me
that Burlington will be sold
soon and advises that we lose
no time if we really want to
acquire the property.
II am wondering il it would
not be advisable to let the man
/ mentioned handle the matter
as a broker for a regular
brokerage fee. he-tO handle
the fee as he sees fit and if
1t is necessary to apply 'Oil'
that will be a matter of his
and the cOuncilmen's cOnSciences
to decide"
The Washington times., 1930-06-21
Treasury Surplus
Forecast for 1880

A Treasury surplus of approx
mately $140, 100000 was forecast
yesterday for the close of the fiscal
year, June 80.
Payment of $71,0OO,OOO of in
tereSt on the war debts in cash,
instead of in securities, has sub
stantially raised earlier estimates.
In addition Treasury experts ex
pressed belief that there will be
no unusual outlayS, by the Farm
Board or other agencies, affecting
the finances before June 30.
June income tax collections up
to Wednesday night were an
nounced yesterday as 1899 900 900,
about $4,000, 900 less than on the
same date last year. For the full
month experts anticipated a drop
of about $40,0O0,000 from the
1856, 100000 collections Of last
June.
The Washington times., 1930-06-21
NORTH SOU I H
line ON COAST
APPROVED
!. c. c. Action to Give Great
Northern and West. Pacific
Access to New Territory
Rr unirersaI Serrlce

Approval was given by the In
terstate Commerce Commission
yesterday to the $13,00O,000 con-
struction project Of the Great
Northern and Western Pacific for
a new Oregon California line to
link klamath Falls with San
Francisco.
The commissions order author!
ICES the Great Northern to con-
struct 88 miles of road in Kla.
math county. Oregon, and Siski-
you. Modoc and Lassen counties,
California.
The Western Pacific is author.
lied to build 1l2 miles in Plumas,
Lassen and Modoc counties, and
gives it trackage rights over a
portion Of the Great Northern
line.
The Great Northern part Of the
project win call for an investment
Of $3,350,000 and that of the
Western Pacific $1,000, 900.
The Western Pacific line is to
extend from Paxton on it's main
line to Keddie, the terminus of a
branch line from Paxton in
PlumaS county, north through
Lassen county to Lookout on Pit
River in the southwest corner of
Modoc county, where it will tie UP
with the Great Northern line.
The three-fold effect of this
200-mile project will be to give
the Great Northern an entrance
into the San Francisco territory
over the Western Pacific and the
Western Pacific an entrance into
Southern Oregon, besides open
ing up a vast area in Northern
California not now served by
rail transportation.
The project has been bitterly
opposed before the commission
by the Southern Pacific, which
contended 1t provided all the
rail facilities the affected terri
tory required and would support.
The commission did not take this
view, however. declaring:
Upon the facts presented we
find that the present and flu.
ture public convenience and ne
ceSSity require the cOnstruc.
ton and operation of the lines
Of railroad described by the ap.
plicantS in their separate ap-
plicatiOnS and the joint con-
StructiOn and for acquisition
and joint operation of the line
Of railroad described in their
'Oint application. Permission
to retain excess earnings will
be denied"
The Washington times., 1930-06-21

A determined Republican CAM
paign, personally directed by
President Hoover and aimed at
convincing uneasy business that
things are really not as bad as
they seem, was put under ftul
steam today.
The reassuring statement on
business conditions made BY Sec.
retary Mellon last night, stimuli
taneously with the optimistic
radio speech of Senator James
E. Watson, the Senate leader,
we're merely the opening guns Of
this campaign. Others will be
fired at regular intervals while
business endeavors to digest and
aSsimilate the new tariff dish
set before the country.
One of the next steps that will
be taken, and before Congress ad-
journs, is the reorganization of
the United States Tariff Commits
sion. New blood is to be brought
in and the commission energiZed
from top to bottom.
And following this step. Presi'
dent Hoover plans few speeches
The Washington times., 1930-06-21
Machine Firm Sells
L0undru Division

General Laundry Machinery
Corporation announces that ne
gotiationS have beer completed
for the sale of its laundry ma
chinery division to the American
Laundry Machinery Company. A
special stockholders meeting has
been called for June q for formal
approval of the sale, and to vote
on changing the name to the
TolhurSt Corporation.
The acquisition is for an out
right cash consideration reported
to be we'll in excess of $1,000, 900
part of which it is expected will
be used to retire the Corpora
tion's 612 per. cent, gold notes.
The Washington times., 1930-06-21
TARIFF BAT TIE
STARTS ON AIR .

Verbal war between Republi-
can andA Democratic spokesmen
over the effects of the Admin
istration's new tariff law was un-
der way today with prospects of
continuing intermittently until
election day.
The opening shot in the tariff
propaganda battle was fired by
Senator James E. Watson (RD
of Indiana. majority leader of
the Senate. who declared the new
law would be vindicated within a
year. He admitted the nation
might travel a ''bumpy road for
a few weeks" but insisted:
Soon normal prosperity will
be resumed I'm the country,
largely because of the passage
of the Ot-Hawley bill"
Watson made hi S pro-tariff
speech over a broadcasting system
and the Democratic national COM
mittee Immediately announced
that Senator Pat Harrison (DD of
Mississippi, a leading opponent of
the bill, would speak over the
same chain next Tuesday night.
Harrison said he would specifically
reply to all of WatSon's claims
for the bill. ....
The Indiana Senator ridiculed
charges made against the bill.
He recited how Democrats had
made the same dire predictions of
disaster following enactment Of
the Fordney-McC Cumber bill In
1922. Then he gave statistics
showing the improvement of
business and economic conditions
,IradAr n,1eratioYos oF that law
The Washington times., 1930-06-21
Chicago Bank Cuts
RediScOunt tO3A PC.

The Federal Reserve Bank in
Chicago has reduced its rediScount
rate from 4 to 312 per cent, effec-
tive today, the Federal Reserve
Board announced yesterday.
The New York member bank yes
terday dropped its rate to 212 per
cent-the lowest since the board
was organized-and the Cleveland
and Boston banks are on a 31a per
cent basis, with the others still
keeping the 4 per cent rate.
The Washington times., 1930-06-21
M|D-YEAR | ULL
IN BUSINESS
At HAND
Lightweight Apparel and
Vacation Goods Spurred;
Steel Output Cut Further

NEW YORK, June 21.-Trade
has tended to quiet further and in
duStry in several lines has taken
on many of the appearances Of
midyear slackness, Bradstreet's
said today.
The chief exceptions to the gen.
orally quiet trend were in light
weight summer wearing apparel
and vacation goods. owing to sales
announced by department stores
and other large retailers. who had
begun to tighten stocks, the re.
view stated,
Accentuating the quieting trend
somewhat in the cities was the
continued liquidation in the stock
market, while rural trade was af'
fected by the downward trend Of
farm products, which generally
felt the burden of large stocks or
the generally favorable outlook for
the growing crops.
Grains at New Lows
In the cereal markets wheat,
corn and other grains made new
lows for the year or longer pc
riodS. Live stock and their prod
ucts were also easier. Iron and
steel prices did not ease greatly
except some old materials, while
in the non-ferrouS metals. copper
showed renewed weakness, de-
clining to pre-war levels.
The rally in the stock market
in rnid.week seemed signal for
stiffening prices of many COM
modities with rather better buy
ing of raw materials In many di-
rections.
A further slowing of output in
steel was recorded. with excep-
tional activity in pipe buying and
heavy structural material evi-
IDENTIFY more than offset by re-
duced takingS of automobile steel
and other forms in which sea.
sonal quieting is to be expected.
Wool Improves
Some exceptions to the gen.
orally quiet tone of things COM
mercial were found in the steadi-
ness of many grades Of wool,
some Of this re-echoed in a more
optimistic feeling in worsted
fabrics.
In the industries, the former
quiet in soft coal continues, with
lake shipments not large enough
to offset reduced buying by in
duStrial users. Furniture manu-
featuring at leading Southern
points partakes of the quiet re-
ported in cotton manufacturing,
in both of which part time is
quite general.
Lumber reports from the Pacific
Coast are of large stocks fore
Shadowing Shut-downs of opera
tionS while in hardwood sections
sales and operations were well
below normal.
Crop reports were more uni.
formly favorable than at any
previous time this year.
The Washington times., 1930-06-21
Borden Co. Acquires
TIUO NelU PrODertieS

NEW YORK. June 81 G.N.S0 i.
The Borden Company has acquired
JeSSup and Antrim Ice Cream
Company. of indianapolis, for
5000 shares of Borden capital
stock. and Cairns Creameries, Ltd.
Of Niagara Fails. Ontario, for
3,481 shares of stock.
The listing of these 9,481 shares
Of additional stock will bring Bor-
den'S total outstanding capital up
to 4,065, ,972 shares of $25 par cap.
ital stock.
The Washington times., 1930-06-21
Week Ended June ID
DiScI0SeS Upturn

A sharp upturn in business dur
ing the week ended June IA
was reported by the Department
OF Commerce yesterday.
Com m ere a transactions as
measured by the volume of checks
presented for payments, were
more than 6 per cent greater than
for the preceding week, and
were only 10 per cent under the
unusually high level of 1929.
The volume of building showed
substantial gains over. both the
preceding week and the cor
responding week last year.
The Washington times., 1930-06-21
USE Of TRUCKS
SEEN AS PERIL
: To RAILWAYS
Pennsy Official Cites Steady
Drop in Less-Than- Carload
Freight HauIs Since 1920

ATLANTIC CITY, N. j., June
21.-Increased utilization Of mo
tor trucks for the movement OF
freight provides a serious prob
lem for the railroads. according
to r. K. Stackhouse, of Philadel-
phia, general superintendent Of
stations and transfer, Pennsylva-
MIA railroad.
AS to what should be done to
meet motor truck competition,
Mr.. StackhouSe said, addressing
the closing session here yesterday
Of the convention of the Motor
Transport Division Of the Ameri-
can Railway Association, it is
felt this feature divides itself into
two phases: First, expeditions
movement of traffic by railways,
and, second, what may be done
in highway motor trucking. He
added:
"The effect of motor trucks
on railway movement is shown
by the fact that IN 1920, Class
A steam railways handled &c..
901,14S tons of less than car.
load lot freight; in 1926 It had
dropped to 68,296,6S6 tons, q de-
crease Of 24.O3 per cent.
Drops Steadily
"Tn 1928 it had further de-
clined to 63,26O,249 tons, a de-
crease Of 1871 per cent from
1920. The motor truck has
been q potent factor in less,
than carload lot freight haul
age, and each railroad has no
doubt determined the extent to
which this feature affects its
revenues.
"The number Of trucks regis.
tered In the United States rep
resents a barometer of motor
truck progress. At the end Of
1920 there were 1,OO6, ,OS2 trucks
registered, while on the same
day i'm 1925. there were 2,441,-
7O9. an increase Of 143 per cent
over 1920. On the last day Of
1929, there were registered in.
the United States, 3,379,S54 mo-
tor trucks, an increase OF 80
per cent over 1925.
Truck production by capacl->
ties in 1929, which was fairly
representative year, showed that
1914 per cent Of the total pro-
ductiOn consisted Of trucks Of:
less than than two and one
half tons. Trucks of from two.
and One-haM tons and less than
five tons amounted to 81 per;
cent. while Is per cent Of the
total production were trucks Of
five tons and over.
Terminal Use Lead
"a natural indication from
these figures would be that the
motor truck performs It's most
valuable service in terminal
areas. However, although 80
cent Of the trucks are Of less
than two and One-half tons e.,
pacity, a great deal Of COM
paratively long distance traffic
undoubtedly is carried on such
trucks.
Furthermore, those smaller
trucks, when considered in con-
junction with the number Of
large capacity trucks, and the
various types Of traiIers (incIud.
ing the special trailer for auto
mobile handIing), constitute in
the aggregate q vast potential
ity in the transportation Of
freight" I
The Washington times., 1930-06-21
Calumet e Arizona
To SUSPEND Plant

NEW YORK, June 21 Q.N.S.l. i.
Calumet and Arizona Mining Com
pany will suspend operations of
it's teaching and electrolytic plants
at the New Cornelia mine division
at Ajo, cAriz., in an effort to secure
more economical operation during
the present stressed conditions OF
the copper metal market.
The Washington times., 1930-06-21
one split.up. have been subjected
to active trading. ~

Reduction of the rediscount
rate to 212 per cent was viewed
in some quarters as a bearish de-
velopment, bn the theory that,
with total rediscounts aggregating
only $2O6. .794, 900 for the Federal
Reserve System and New York
banks clear, it must indicate very
poor business conditions. In any
event, the rate cut was ample
proof that the banking powers
expect a protracted period of easy
money.
The Washington times., 1930-06-21
Abandonment Plea
OF Ohio Line Denied

The Interstate Commerce Com.
mission yesterday denied the ap-
plication of the Pennsylvania,
Ohio and Detroit railroad to
abandon its Montgomery branch
in Hamilton county, Ohio, and
the abandonment of operation of
the branch by the Pennsylvania
railroad.
The Washington times., 1930-06-21

International Sale recently ex-
perienced, a sensational advance,
following news of q IS per cent
increase in earnings for the first
five months of the year. The new
shares, representing a three-for-
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-04-11
CLUB TO BOOM
ASA ]. SMITH
G. o. P. Leaders Are Back
of Congress Candidate.

Sidney S. Miller was named presi-
dent and Mrs. Will H. Adams vice
president of the Smith for Con-
gress Club, organized at the Colum-
bia Club today by group Of Re-
publicans supporting Asa J. Smith
for the Seventh district congress
sional nomination.
Other officers: Donald Ream,
secretary; Harper ]. Ransburgr
treasurer, and committee chairman,
William H. Remy, organization;
William P. Evans, speakers bureau;
Winfield Miller, advisory, and
Mrs. Thomas Harvey Cox, executive.
First names on the clubs roster
include:
Garth Nelson, George Foote, Homer
Elliot, John Rabb Emison, Ralph Gregg,
Charles W. Jewett, Frank Symmes, Lewis
A. Barth, Mrs. Helen Marott Sinex, Scott
Brewer, Melville w Hawkins, Leo Kamin-
sky. Herman Gray, Fac w. Patrick, Dixson
H. Bynlm, Miss Adah Bush, Dwight Muir
ply, Mrs. Ed Heckler, Ralph Kane, Don
aid Lafuze, Maurice Mendenhan, John
Walker, Donald Jameson, Mrs. Emma
Kominers, John Royse, Robert L. Moor
head Mrs Dwight Ritter, Samuel Walker,
Thomas Daley, Harold F. Healing, John
Niblack, James Bingham and M. M Dun
bar.
Landing the candidate in a
speech, Miller declared Smith free
from alliance with any faction,
clique or group"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-04-11
BOOST INDIANS
OPENING CAME
Many Floats Entered for
Tuesdays Parade.

indianapolis will win the Aneri-
can Association cup for the largest
attendance on opening day next
Tuesday, if plans completed by the
athletic committee of the Indian
apolis Chamber of Commerce of
which Hubert S. Riley is chairman
are fulfilled.
The Universal Club has entered
two floats. One will carry all the
clubs members.
Seven marching musical units
have been obtained by Frank E.
Mckinney, chairman of the bands
committee: Shortridge, Washing
ton and Cathedral high schools.
American Legion and drum and
bugle corps, newsboys' band and a
military band.
One trophy given by the Em-Roe
Sporting Goods Company will go
to the club with the best float. The
other, donated by the Indianapolis
Power and Light Company, will be
given to the club with the largest
percentage of attendance in the
parade.
Ralph Ross, chairman of the
prize committed, has obtained a
large number of prizes for the
first home run, first stolen base,
first assist, and other "firsts."
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-04-11
COLLEGE FRATERNITY
WILL PRESENT PLAY
City Girl to Take Leading Role In
Indiana Central Cast.

A four-act play, "Pollyanna," will
be presented at 8 tonight by the In
diana Central college chapter of
Alpha Psi Omega, national honor
airy dramatic fraternity, in KEEP
hart auditorium at University
Heights.
Mary Ellen Shambaugh of Indi-
annapolis will play the leading role.
Other parts will be played by Myron
Lamm, Danville, ILL.,; Gertrude Nc
Conner lora, Ill; Ralph O'DeH,
Muir Hilda Dewsnap, Edgewood;
Arc Shafer, Twelve Mile; Alma
Noblitt, Columbus; Robert Kelsey,
Rising Sun; Ruth Howe, Wood Riv-
er, Ill; Caroline Wolfe, Tyner, and
Lawrence We~tz, Anderson.
Professor Leora Weimer, head of
the college speech department, is
director, assisted by Mrs. Faye
Pierce.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-04-11
BLACKMAIL
TO IRVING WEBSTER

Indictments charging Irving
Webster, Indianapolis weekly news
paper publisher, with blackmail
and with conspiracy to commit
blackmail, and accusing Webster of
using coercion in solicitation of adj
yertiSing, were returned today in
criminal court by the Marion coun-
ty grand jury.
Handed to Judge James A. Collins
by Charles G.. Fitch, jury foreman,
in the presence of five remaining
members of the probe body. the in
dictmentS end an investigation
which began when the jury indicted
Ben Newman, high pressure adver-
Using salesman and alleged accom-
plice Of Webster. for conspiracy.
Webster is charged in one true
bill with blackmail, and III the Sec
ond with conspiracy with Newman
to commit blackmail
Names of some Of the state and
county's highest judicial and gov
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-04-11

Girl scouts at the home complete
exposition of the Indianapolis Real
Estate Board at the manufacturers
building, state Playground, do all
the work while their advisers take
it easy in the booth photographed
above.
Agnes Caldwell, 1866 Central ave-
nue., mixes a batch of biscuits like
mother used to make at the table
on the left. Just behind her Made
line Trent, 4211 Sunset avenue, is
preparing a meal at the electric
range. Eleanor Caldwell, sister of
Agnes, gets ingredients for the bis
cults from the kitchen cabinet and
Agnes Calvert, 1902 North New Jer-
Sey street, used the electric iron at
the right, in the rear of the booth.
Ruth Fouts, 1925 North Pennsyl-
vania street, at the table on the left,
completes an electric lamp shade.
In the center, Miss Charity Couch
% North johnson avenue, home
service department of the Indian
apOlis Power and Light Company
SEATED at left), and Mrs. c. K
Calvert, 1902 North New Jersey
street. Girl Scout member, are
served tea by Mary Vance Trent
421I Sunset avenue.
Visitors to the exposition are
greeted by Miss Elizabeth Foster OF
Columbus, Ind. CrighD. show host
eSs, who is seated with a friend
Miss Josephine Benninger, of 300e
North Capitol avenue, in the front
yard" of the show. Both are John
Herrin Art Institute students.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-04-11
Wife DIVORCES
film DIRECTOR
Separated From Al Santell
rs Times, She Says.

BIZ United Press
LOS ANGELES, April 11.-Mrs,
Ruth Santel, who smiled just once
during her fearful testimony as she
told of quarrels with Al Santen,
prominent film director, today had
a divorce from the man from whom
she separated "at least twenty-five
times"
Mrs. Santell was able to smile
Thursday at her own confused
statement:
"He said I said something that
I said that didn't say. Then
said that I didn't say what he said
I said. Then he said that said
something else that I said I didn't
say and that if I contradicted him
again he'd throw me out Of the
house"