davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1930-09-17
POOLE HEADS
INSTITUTION
FORMED
Consolidation to BE Followed
BY Still Larger Merger,
Current Reports Indicate
By JOHN E. NEvIN, JR.

Publication of official notices
for the next month, and voting
action ny stockholders will bring
into being the proposed merger
Of the Federal-American National
Bank and the Merchants Bank
and Trust Company. The new
institution formed by the consoli-
dation will be termed the Federal
American National Bank and
Trust Company.
Officials and directors of the
Federal-American met yesterday
and voted to accept the merger
negotiations as completed. Under
the District Of Columbia banking
rule, however, it is necessary that
stockholders of both institutions
approve their directors action.
To Change List
John Poole will be president of
the mbined institutions.
Changes, which will have to be
made in the official list of the
two banks when merged have
hardly been discussed, it was init
mated today. What provisions
are to be made under the new
plans for Rolfe Boiling, president
Of the Merchants Bank and the
other officers of the acquired
institution is not yet known.
]. The Washington financial field
looks upon the malagamation of
the two institutions as a fore
runner to still larger consolida-
ton. Current rumors connect the
merged institutions with the Com
nnercial National Bank. So far
no confirmation of this has been
obtained.
Other Merger Seen
However. it is known that
negotiations were under way by
officials of Commercial for the
acquisition of the erchants
Bank. These negotiations are
understood to have been dropped
when the Federal-American en-
tered the field.
Keen interest is manifested by
local bankers in the reports that
Commercial is to be included in
the reported amalgamation. Some
time ago the Commercial Ma
tional absorbed the Continental
Trust company. Col. Wade
Cooper is president of the in
Stitution formed by that merger.
The eported consolidation
would bring into existence
bank with resources of more
than $50.0OO,0O0. 1t is under
stood that the negotiations have
reached the stage of settlement
and adjustment of personnel be-
tween the two houses.
The main banking room of
the Federal-Alnerican National
Bank and Trust Company will re-
main in the Fourteenth and G
Street building. The main office
Of the Merchants Bank and Trust
Company and its branch offices
will remain where they are as
branches of the new bank.
Poole'S rise in financial circles
OF Washington began when he
resigned as cashier of the Com
mercial National Bank to become
president of the Federal National
Bank. In 1922, when the Fedef
American Bank was formed,
was elected head Of the joined
institutions.
1t is anticipated that the meet
ing of the holders of the two
institutions concerned in the
merger will be held as soon as
the legal time has elapsed.
The Washington times., 1930-09-17

Miles Of pleasant IOw-cOst travel can
be had, through the purchase Of one
of the recOnditiOned cars advertised
for sale in tOday's Classified Ads.
The Washington times., 1930-09-17

Corporation has been the center
OF many merger rumors in the oil
industry IN the past, with the
Prairie Pipe Line Company. and
the Rio Grande Oil Company
among the other organizations
mentioned in the reports.
The Washington times., 1930-09-17
Bank Vote Merger
Stocks to Rally Soon,
Spectator Says
BY THE SPECTATOR

The market is proving stubborn Yesterdays closing rally
only be driven down far The bears
able to little liquidation by their nam
past few Some Of them especially tnose
in the tail end Of the reaction maybe in Tor an
uncomfortable time drive to in the shorts not un
likely today This however viii hinge on two things
strength wheat and good steel It Is safer to
wait and that be expected OF the market
for while believe series Of rallies and dips in narrow
The Washington times., 1930-09-17
Wheat

Wheat
Wheat rallied sensationally yes
terday, showing gain of 4 cents
bushel before profit taking at
the close cut this down. Wheat
had evidently been oversold in
the last few days, accounting for
the bulge. I also hear of big
short covering by two big op-
orators prominent in the news.
The Street hears that there will
be further short covering today
on the rumor that the Govern
ment may issue some sort Of 3
statement Thursday. The story
may be just one of those noised
around to scare the shorts. What
is probably nearer the truth is
that there has been too much
bearishness on wheat especially
because of the Russian produc-
ton bogey.
hear of good buying in general
refractories. The compa ny
earned $4.60 in the first six
months against $4.13 in the same
period last year, a fine record for
a depression year. Profits for the
year are expected to run around
$3.50 on the 100000 shares of
common, which would make the
stock cheap on earnings. The com.
pany manufacturers fire. brick and
refractories materials.
The Washington times., 1930-09-17
Getting Support

Action of the market Monday
and yesterday bears out the re.
ports that the buying has been bet
ter than the selling. Brokers con-
firm this, declaring that they have
picked up considerable stock for
wealthy investors. This is bullish
because the stock Is paid for and
taken out of the market. The
buying has been centered in the
leading stocks of the type OF Steel,
Can, Telephone and American
Smelling. One broker also reports
good buying in w. T. Grant. men
toned in this column last week.
The trusts are doing a. little more,
one picking up 2,500 shares Of
Kennecott.
Kroger Grocery was an out
standing strong spot, climbing
more than points and closing
within a fraction of the top. I
hear the stock has been we'll
bought of late on the theory that
the company had turned the cor
ner. Earnings for the first half
were only a few cents on the com.
mon. This, I am told. was due
to heavy charge-offs from last
year. however, the stock would
seem to have discounted lot of
current levels.
Too Unanimous
The reaction since Thursday
has served to emphasize the
danger of too much unanimity on
what stocks were going to do.
The general feeling in the street
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1930-12-12
The az in Sports

We see that one of New York's grating judges,
bearing the moniker Francis x. McQuade, was
running side line as treasurer of the New York
Giants baseball team, one of the headlines of
capitalist sports" The "X," we presume is
the algebrac symbol representing the unknown
quantity of how much he got out of it.
About this whole subject, a Red Sparks fan
informs us that he visited movie recently, the
Leather Pushers" The hero, he tells u.s. is a
young chap with "guts,' who breaks his thumb
while sparring but gamely goes into the ring
for the big fight because "he needed the money"
The cloven loof of 'egotistical calculation"
MARX is sticking through the mask of sports
manship" and athletics" wherever capitalist
sports rules. And it rushes in this benighted
land-except, and note this exception-in the
real craftsmanship and athletics of the Labor
Sports Union.
just finished the above, when we were re.
village OF New York the Labor Sports Union is
minded while out for coffee-and that in this
having some kind of a blowout on Christmas
Day at Dyckman Street and Broadway. If you
haven't got anything else to do that day. drift
around, and If you have, do 1t there. And this
is no paid ad, either.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1930-12-12
Mr.. Morrow "Humbled"

OF course we can't expect too much from the
editor Of the Telegram, SEEM as how he takes
up with such as Haywood Broun, but we did
sorta expect little better evaluation than the
following, which appeared in his sheet last
Friday:
Morrow Dwight Of New Jersey via Mexico
and the National City Bank-Red Sparks was
expected to be placed on the Banking and Cur
rency Committee. But the former partner Of
]. p Morgan g. Co. will serve on such lowly
committees as Education and Labor, Military
Affairs" ETC.
Now our idea OF the Importance Of the Mill
tary Affairs Committee. not to speak of the
Committee on Education and Labor, of the q.
s. Senate, is directly horizontal to that Of tho
flat-topped editor Of the N. =. Telegram
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1930-12-12
Leningrad Needle Workers
Celebrate Union Anniversary

adopted decision of great principal Importance.
THAT the union must pursue not only the near
est economic problems but must participate in
the political life, and in order to attain political
problems the workers must unite in political
party that party is the RS.DRP. Bolshevik).
Accept Bolshevik Leadership
On March Is, 1914 at general meeting Of
the union the Bolshevik program and construc-
ton of the composition of the leadership of the
union on the one party control basis was ap-
proved The general meeting agreed to 1t and
in the leadership came in the following comrades,
Bolsheviks chairman of the organization Davidov
(killed in time of civil war in 1919; secretary
of the organization Ionov, who was up to the end
of 1925 one of the leaders Of the central COM
mittee of the needle workers union; Andrushe-
vich (kiIled in time Of civil war on the Polish
front)
To the lot of this group fell the leadership Of
the underground organization Of the union up
to 1917, because with the declaration Of war the
union was closed by the czarist government. In
March, 1917, the union Of needle workers comes
out from underground, tempered Bolsheviks In
the past struggles, and began on a wide basis
to build its organization.
Reorganize Industry
After the October revolution a new epoch In
the work Of the union Of needle workers begins
The union takes upon itself the leadership on
the organization Of new factory system In the
needle industry.
In December the union started to organize
the first government clothing factory. The fac
tory opened in March, 1918. In the same year
opened four more factories which were consid-
cred as branches of this first factory. The work
In these factories was conducted on two lines:
to introduce new methods Of production
methods OF work instead of small shop and to
satisfy the need Of supplying clothing for the
Red Army. On this road the union of needle
workers had to overcome great difficulties, as
to the introduction Of new methods of production
also In winning over the confidence Of the supply
organs to government factory production. OF
the whole number Of members of the union
counting up to date over 10000 workers in the
government manufacturing of united Leningrad
clothing are occupied $4,000 workers.
The government needle trade manufacturing
became 4 tremendous factor in the matter Of
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1930-12-12

supplying the workers with the products of this
industry and thanks to cheap clothing, it COM
pletes the workers budget. In line with this this
industry happens to be a solid source for the
increasing of the fund for the industrializaton
of the country The output of production in the
past year all through Leningrad government
clothing factories was 204 million roubleS. Profit
for the year amounted over 25,000,000 roubes.
What does this needle proletariat present to us
to the 25th anniversary from the day of the
organization of its union? This army of factory
proletarian needle workers presents to us COM
pact and organized mass, builders of the work.
ers socialist government.
Many in Party
This new needle proletariat which grew up
through the Soviet power no longer resembles
the old man tailor or woman tailor. 1t is now
a conscious factory worker, that works seven
hours, using his remaining time for enjoyment
and cultural development. The needle worker
Of today-he is participant in socialist rivalry,
he is a worker shock brigader. In the factories
Of the government clothing trust there are $4,000
needle workers In shock brigades.
The political physiognomy of a Leningrad
needle worker In the period from october, 1917
to this day is such: Over 5000 needle workers
are Party members and an equal number in
other revolutionary organizations The union Of
needle workers can proudly proclaim that during
the whole time of the revolution amongst the
needle workers there never was, any vacillation
in relation to the politics of the Soviet power
led by the Communist Party
Bolshevik tempered in the long run of 25 years
the union of needle workers always kept high the
banner of Bolshevism, the banner of the general
line OF the Party and to this day the needle
workers Of Leningrad rightly maybe included in
the detachment of builders of socialism
Ia -
example of the needle workers of the Soviet
Union and gather all revolutionary forces around
the Needle Workers Industrial Union in the u
s. A. and prepare to deliver smashing blow
to the Shlesingers, Dubinskys, and all the other
traitors In the needle trades
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1930-12-12
From Leningrad pravda Nov. 1s)

From Leningrad Pravda Nov. 13)
ION the occasion of the 25th Anniversary of
~saea founding of the Needle Trades Workers
UrA1pn of Leningrad, the Leningrad Pravda
pu lished an article written by Bograchev
til article will be of great interest to needle
tr4de workers in America.-EdJ
HTt1E needle industry of czarist Russia con-
sisted of broken up small shops in which
two mechanics worked with one or two boy
learners" Larger shops where 10 to Is men
were employed were few Usually the whole work
carried seasonal character. Five months in
the fall and winter, 3 to months in spring
and summer at IA hours work day. In the
so-called best times for the needle workers in
season" the work day was as high as Is to Is
hours.
During the season the bosses made believe
that they considered the welfare of the workers.
But their exploitation and brutality against the
needle workers knew no limits after the season
Organized in 1905.
1.-THE revolution of 1905 reused also the needle
workers. In that time in Petersburg the needle
proletariat numbered about $4,000 men. Yet
before 1905 there took place amongst the tailors
various strikes and attempts to organize trade
union.
To the call of group of revolutionary needle
workers (Ozal, Ularof and others to organize a
trade union of needle workers; in 1905 masses
of workers responded at once.
On october 80, 1905 November 12-new style)
the first meeting of needle workers was called
for the purpose Of organizing needle workers
union. To that meeting came more than 1000
workers. A second meeting of the union of men
and women-tailors and furriers-took place on
November 81 the same year, where more than
1000 men and women were present and an execu-
tive committee was elected and a constitution
for the union adopted.
Had Varied Existence
Since that time the union Of needle workers
In Petersburg had an unsettled existence, from
legal to illegal and only close to 1917 its I'M
settled existence came to close and the union
settled down on Bolshevik principles
From the very beginning of the existence Of
the needle workers union the most powerful
influence in the executive committee was of the
group Of s. D. (Bolsheviks). Through the in
distance q It on ~ Ont general meeting was
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1930-12-12
ARTICLE No. S
Gandhi and His American Admirers.


WHAT is the reason for the American liberals
" admiration for Mr.. Gandhi? Is it not
strange that these devoted patriots-who every
year solemnly celebrate the 4th of July, who
every day go to sleep and awaken with sayings
of Washington and Lincoln on their lips-sud-
denly forget all the lessons of history and ac-
claim the principle of non-violence as the great
est achievement of mankind whenever they turn
themselves to the Indian revolution?
Mol There is nothing strange in this. With
the bougeoisie the logic of its class interests has
always been stronger than its power of reasoning
The American imperialists ere not averse to
seeing Britains grip on India weaken India
under the rule of native bourgeoisie would
mean potential vassal of American imperial
ism in southern Asia and immense opportunities
for the penetration of American capital and
goods into the country. But free India, under
a workers and peasants government, would be
a great calamity to the capitalist world, just as
the Soviet Union is. That is also why Amer
lean imperialism was SO hostile to the Chinese
bourgeoise when it still could claim some revo-
lutionary tendencies, and began to help actively
the counter-revolutionar Marking Government
only after the defeat of the Chinese revolution.
For a successful revolution in india as in China,
can result only in the creation of a new Soviet
power in Asia Mr. Durant knows this pretty
well. Gan India" writes he, longer forced under
a hated yoke may abandon the methods of
Gandhi for those of Lenin and turn all Asia
into mad revolt against everything European
or American" page 2O6)
Now one understands why the American lib
erals are so sensitive to disorder in India; why
Mr.. Will Durant calls the greatest betrayal of
Gandhi-the shameful liquidation of the civil
disobedience movement in 1922-"an act of moral
courage hardly parallelled in history" (page 1900.
Now, we understand why this Humanitarian
and humanizer of others PHILOSOPHERS" this
protested friend of India's freedom, begins his
book (Which, by the way, is nothing but a col
lection Of quotations and clippings patched to-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-05-31

LARGE, COOL ROOMS for light housekeep-
ing; northern. eastern. southern exposures;
shade trees: near Lee Highway, on bus and
lines; $35. Clarendon 1866 i"
rooms, Kitchen and porch. unfinished:
convenient to cars and buses; cleo. heat,
garden space; $25 mo. Phone Clarendon
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-05-31
1900 EYE ST. NV.

NO ELEcTTRIcA OR GAS BILLS.
%odeS esva SGv Sui sfRs r and
i ning ice EVA, water in every apartments full
rooms and bath, non-housekeeping,
rooms. tiled Kitchen and bath: re. "0o'oo
trigeration, Eas and electric light - :.
= Resident Manager ''''''' 0OOV
THE EXECUTIVE.
340l 18th ST. NV.
RfEa on 18th st.
a rooms rec HSn sit a RsSaeSs st5 $50 50
TIE pRi s1R5fY; il IS n 81, NV.
FSS%s res Rsi sRS 3 500
sHs staslS3 a ssso c " p T, 4w.
Modern der Ens fish Front From Building. ''''''O
NoR sSs 6fsd isss H y. GHs. ST..
Il Rlos BE FSisin l ssgf r AsRS AT St
rooms Observation-Disclosures Sef 5sR large RG5ss B1p 5000
80. 80 SSs55S 18th ST. Sc. .4ooo
VOT H. dokSdiA ASH 6&9s r GA t,i AYE
rooms rec 2 sslli 10Th 81 as sF Eat Ne. '4''oO
tOO See Resident Manager. Apt. 5.
an 3rd ST. Sc. -
rooms 'f iso e r$A Si5H5Es 81 I've EH
1 room, kitchen and bath. ............$ $50 SO
rooms. kitchen and bath. .:;.:..... 1850
Frigidaire--Radio outlets.
3A ST. Sc.
us ST Sc.
one Block from House once Bldg.
Resident Manager.
FLATS-317 KY. AVE. Sc.
rooms tile bath, porch $3.50
Modern Building-Good Condition.
Apply Apt q, ais KY. Ave. Sc.
7. c. WELDON CO.,
l727 X st. NV. Metropolitan SOIL.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-05-31
WHITE.
BERKELEY HALL,

WHITE. Il
BERKELEY HALL,
l440 Col. RI. NV.
- Electric Refrigeration:
HUNTINGTON, 27l5 18th St. NV.
AP: 81 rooms and and sssh $4,000 to
SARANAG. 1909 N. Cap. ST. ''
ADt. So rooms and bath . .....:...... $500
l744 LANIER PL. NV.
Att Ele ct Gas and Heat Fyrnished. N
SALUDA, l101 Euclid St. NV.
Electric Refrigeration.
ants Arts Of rooms and bath SIS 90 to $50 % %
16o1 PARK RID.
Apt: as rooms and bath. SIS 90
WOODWORTH, 1906 10th St. NV.
Apis. of 3 rooms and bath. .$46.50 to $4s.50
HUDSON, 1907 S St. NV.
ADJ R SS TSI%s i rpa 0 eve ST NV $500
STERLING, 1915 Calvert St. NV.
Apts. Of rooms and bath. .s7Soo 10 $500 $500
MONTGOMERY,
ISL N. Cap. ST. NV.
AO' NAV tSGHS Enc 2 I;'h E ST. NV $1,000
A't CLAIBORNE q ISIS fno SIS I%'n ii ST. NV 90
Apt. SIS rooms and bath $50 90
MANOR HOUSE,
1924 Monroe St. NV.
Apis of 5 rooms and bath ..,,,,$7SO 90
Apt. 54-4 rooms and bath ....,,.,, go 90
401 3rd ST. NV.
Apt "a rooms and bath. .s25 90
COLORED APARTMENTS.
1915 st. NV rooms, bath. .. $40 90
THE WASHINGTON LOAN
& TRUST CO.,
300 = st. NV. Phone National 3440.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-05-31
WANTED-ROOMS.
ROOMS-SUBURBAN.

MAN wants furnished room and garage,
walking distance downtown. Address Box
163-V, Star office.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-05-31
OBSERVATION-DISCLOSURES.
ICnnfinued

si72 nth ST. NW.-2 ROOMS, KIT. AND
bath. newly decorated; good surroundings;
one block from Mt. Pleasant car line; rea-
sonable. Call before IL or Sunday all day.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-05-31

COLONIAL HOTEL-Special
Summer rates now in effect.
Double rooms, $3.50 each per-
son. Full hotel service.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-05-31
SUBURBAN BOARD.

son with car; in stone house on Lee High
way, miles above Falls Church. Address
IL
OAKDALE VILLA. Glen Echo, Md.-Now
open for the Summer; firSt-class table and
all modern convenenceS. Special rates to
families. Opposite Bannockburn Golf Club.
Call Bradley 657
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-05-31
HOTEL DUPONT.

ropAsEpyT by NEH TAN rT rTEE Av i; sry
II YOU have to spend the Summer in
WASHINGTON, why not inspect our hotel--ail
where you can live in comfort without ex-
travasance7 Transients, $3.50; double. -.
North AHA. Reasonable monthly rates. IL
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-05-31

Phone Nat. sss6. 1895 18th s..
FINEST VIEW IN WASH.
AT CONN. AVE. BRIDGE.
APT. 8 RMS, 3 BATHS, $175
3 RMS, $47.50; a RMS, $60s
Ssssy new bidE 24-hg sisy and switch.
usual s apt in :. q; at Million Dollar sridss:
US Really worth double the rate.
Most unusual values for this faShionnsaeelne
1860 CALIFORNIA ST. NV.
Conveniently located to car and bus lines:
na rooms aSd BATHS Pd
free electric refrigeration; s35 and 800.
1900 BILTMORE ST. NV.
rooms, reception hall kitchen, bath ana
tor conVenie Tteii location sS5
1880 r ST. NV.
Southeast 18th scS ST. lust "a Conn
2S12 CONN. AVE. NV.
Spacious apartment, 4 rooms, kitchen, bath
and porch, electric refrigration; SEQ
1882 CONN. AVE. NV,
r 9eI Light apartment Of rooms, kitchen
HE DODIJlNS 1ON,
l754 LANIER PIT. NV
First-hoor front apartments, rooms
kitchen. bath and porch; $50
MAMMOTH OAK,
1903. 31st ST. NV.
ing cSe tsth bed and Sm.
Ettehs dining alcoys bath free electric
1913 30th ST. NV.
ments BATH fn and porch 0 ss5 and So.
3435 r ST. NV.
!. rooms, kitchen and bath. SO: SO to $50.
3110 WISCONSIN AVE. NV.
Across from the. Cathedral: high elevation;
z rooms: Kitchen: bath and rooms, Kitchen
1705 LANIER PL. NV.
bath, electric refrieeration, $685.
1929 10th ST. NV.
r,s,s rooms Kitehsp bath and porch fur
1412 18th ST. NV.
and bath;
1914 14th ST. NV.
de Within easy walking distance of the GOVT.
1888 l4th ST. NV.
k,tebeT1 THONGS Sg &c Circle Front apt rooms
1917 G. ST. NV.
;, Handy to d9yt DEBTS 2 rooms. kitchen,
2112 PENNA. AVE. NV.
Low rent; rooms and bath, $50.
l349 X ST. NV.
Corner 14th ST.; rooms and bath, $50.
NORTHEAST.
GLASGOW COURTS,
$50 RHo RHODE ISLAND AVE NE
ply bed; z rooms, kitchen, bath, and 3
rooms, kitchen and bath; free electric refris-
BROOKLAND COURTS,
Detached buildinFs; / rooms, Kitchen ana
f Fash s sEsG apS sSs on house u
250 MASS. AVE. NE.
Corner ard st.--1 room, kitchen and bath,
s s free TSop asc reception hall Etchsn and
800 B ST. NE.
b, Near ,, Capitol; I rooms, kitchen and bath;
BOSS & PHELPS.
1Al7 Z st. NV. National $500.
THE WESTCLIFFE.
1869 Columbia Rd. NV.
rooms and bath and 4 rooms and bath,
sw,tebboa,ds $50 r,e 20 $50. r.,u,..,..
2i00 N NV
w p LOCKWOOD. iaiO q ST. NV. /.
SOTO WISCONSIN AVE.
Modern. new treproof buildine overlook.
Ing National Cathedral Electric refrieera-
ton furnished on house current,
Elevator Service.
closets $62 so
Inspection Invited.
II. L. RUST COMPANY,
1901 18th at NV
National 500
(continued ON Next PagaI
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-05-31

WOULD THE ENTIRE FLOOR OF A DOU-
BILE detached home, strictly private, conven-
iently located and completely furnished, APP
peal to you? II so, call 248 Carroll ST., Ia
koma Park, D. c. Ga. 1888. $40.