davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-05-22
INVESTMENT TRUST
IST|LL Developing
Future Depends on Common
Sense in Management, Off
| scial Explains to Brokers. :

faThe future of investment trusts in
general or of any particular trust de-
pends upon the application of business
experience and of everyday common
sense"
This was the most pertinent comment
mace by Ray Vance, chairman OF the
executive committee of the Yosemite
Holding Corporation, in his address
before the fourth annual convention OF
the Associated Stock Exchanges IN
Minneapolis.
Mr.. Vance emphasized the fact that
investment trusts in the United States
are still in the stage Of development.
but he also emphasized the TACT that
common mistakes made by trusts OF the
United States in the past have been
generally corrected and it can safely
be said that investment trusts business
in this country today Is IN an envlanle
position. In speaking OF the 1mpor-
lance of good MANAGEMENT in the gen.
eraI type investment trust Mr.. Vance
brought out the following points:
Management Most Vital.
1. Direct the employment of funds
out of declining industries into growing
industries or into industries which are
.eviving after depression
2. Withdraw capital from markets
which have unreasonable speculative
heights and return 1t when markets
have returned to reasonable levels,
This does not mean that beating the
ticker" will become great factor In
profits or that buying at the bottom
and selling at the top" will be even
fod hi
that the bad effects or panics, which
seem inevitable in our financial system,
will be minimized.
8. Over a period Of years funds in
trusted to good management will pay
the expenses of management and earn
at the rate comparable to successful
business enterprise IN the same country.
In Great Britain this has averaged
about 10 per cent annually. In
America growth is faster and the rate
might be higher.
Tests for Ideal Trusts.
In summary, the following tests for
an ideal investment trust management
were set forth by Mr.. Vance:
/. Some individuals in it should have
records long enough to establish their
efficiency as investors under the condi-
lions created by great bull markets,
panics, wars, long depressions and
sweeping changes in financial or
commercial methods or in industrial
processes and public tastes.
2. They should have had direct ex-
periences with the peculiar problems of
investment trusts.
8. The experience should include
familiarity with international condi-
tions, for these affect even a portfolio
of exclusively American securities.
4. The number of the qualified indi-
viduals should be great enough to insure
continuity of management policies and
efficiency in case of the death, disability
or resignation of any one man.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-05-22
POTATO MARKET.

CHICAGO, May 22.-CUnited States
Department Of Agriculture) Potatoes
Receipts, So cars new, 81 old; on track,
lat cars new, 80 old; total U. S. ship
ments, 1858 cars; old steady; trading
slow; Winconsin sacked round whites,
2.85a3.0O; Idaho sacked russets, 3.70a
3.85; new slightly weaker; trading fairly
good; Alabama, Louisiana, Texas sacked
Bliss Triumphs, 3.25a3.50; few, 3.60a
3.65; poor, 800 up; No. 2, 2.25a2.40.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-05-22
BILLION BEES ARE BUZZING
FOR GEORGIA HONEY MAGNATE

roney-making business as to any other
industry.
In the things necessary to bee content
ment.. Tupelo gum and gallberries,
which make honey that will not granu-
late, are found in the swamp with hun
dreds or other wild flowers attractive to
honey bees.
Wilders desire to become bee raiser
was born when he was years old. His
mother denied him the privilege of eat
ing all the honey he wanted, so he de-
cided when he grew up he would own
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-05-22
Famous wonder cream
soothes, heals and corrects
IL common, skin disorders

See why the 100000 Noxzema users
recommend it SO highly to their friends. See
why they buy the hospital size for home use.
IF your skin is rough, coarse-textured or
blemished-if it is in any way irritated-get
small trial jar of Noxzema. Smooth it on
feel how it soothes-note how just one
application softens and rehnes your skin.
This ,Ueek ony--25c trial jar for LOG
Ifyou've never used Noxzema before, don't
get the large jar-h'e first time. Get the gen
erous introductory jar for only 1oc (regular
Csc size). Let the whole family test it. See
how delighted they'll be with
the marvellous results Noxzema
brings-clearer,s softer complex
ions-quicker, smoother shaves Is
immediate relief from skin Fo
disorders. a
Get an Introductory jar at y
any Peoples Drug Store ]
today I
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-05-22

so many bees he could eat honey with
every meal.
In his early teens he became inter-
ested In bee culture. He placed the bees
in q glass hive, which he kept in his
room. There he watched every move the
bees made.
From that hive has grown business
producing nearly 100000 pounds OF
honey a year, which is shipped to all
parts Of the world. During the World
War the Government took Mr.. Wilders
entire output and sent 1t to Europe. He
now owns more than 1000, 000, 900 bees
filling $4,000 hives.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-05-22
BY the Associated Press.

wAYCROSs, Ca. May 22.-Two hun
dred miles of bee hives extending in an
unbroken chain around the great Oke-
fenokee Swamp near here, second only
to the Florida Everglades in area. to-
gether with hives set in every pene-
trable portion of the vast lowlands,
make UP one of the worlds largest
apiaries.
j. j. Wilder, owner of this mammoth
colony Of bees, declares that content
ment of workers is as essential to the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-05-22
" common, skir, troubles
quickly relieved

1. Blemishes-healed
2. Coarse pores-reduced
3. Roughness-softened
A. Oiliness-eorrected
5. Shaving troubles-ended
6. Burns-relieved instantly
=. Chahng-soothed
8. Itching skin-relieved
9. Sore feet-aching stopped
10. Chapped hands-softened
IL. Eczema-rapidly healed
IL. Baby rash-cleared away
IS. Insect bites-relieved
II. Cold sores-dried up
IS. Hives-soothed, healed
16. Wind Burn-relieved '
II. Sunburn-eooled, healed
The Washington times., 1930-06-20

CHICAGO. June 20 uNSo. !.
Eightyear-old Kenneth McKit-
trick was fighting for his life to-
day in county hospital against
a mysterious disease that already
has killed sister and three
brothers within the past week.
A sixth child Of the family,
Eugent, z, today was reported suf.
fering from a severe case Of
whooping cough which. physicians
fear, may develop into the strange
maIady that has afflicted the
family. It was decided that If his
disease developed the symptoms
of the others he, too, would 3e
taken to the hospital and his
case isolated.
Health bureau workers, conclud-
ing an examination of the home,
reported that insanitary condi-
tions may have started the dis
ease which doctors are unable to
Identify A slow gas leak was
The Washington times., 1930-06-20
/ SQUIRREL S.0IjlU.IiIlR TIES
UP TRAFFIC

NEW YORK. June 2O.-An er-
rant squirrel which started out
from his home in Central Park
to see the world almost blocked
traffic at Fifty-ninth Street and
Lexington Avenue.
There four patrolmen tried to
catch him, while q passer-by
aided by running into q nearby
nut store and buying some pea.
nuts with which to beguile him.
BY the time several hundred
persons had gathered to watch
the fun, the squirrel became
frightened at the size Of his audi.
ence, leaped into the street and
almost into the arms of one Of
the policemen. His capturer car
ried him to Central Park, where
Principal Keeper Robert Hurton
greeted the wandered with much
relief.
The Washington times., 1930-06-20
.DARR0W TO AID
VA. PAINTER

A new test of the legality Of the
Sunday blue laws viii be at
tempted in Clarendon next Thurs
day. when Clarence Darrow, Chi
cago attorney. win defend G, B.
Rosenberger. Clarendon painter,
who is to appear before Judge
Walter T. Mccarthy. according to
an announcement by Linn A. Il.
Gale. secretary Of the National
Association Opposed to Blue Laws.
Brought before Police Judge
Harry r.. Thomas following his ar
rest on q complaint Of painting
his house on Sunday, May 4.
Rosenberger was fined SIS and
costs. He appealed.
Should the circuit court decision
be unfavorable, it IS expected the
association will-carry the case to
the Virginia supreme court Of ap-
pealS.
The Washington times., 1930-06-20
]. c. MAN DEAD.
IN Md MISHAP

George E. Hellwig. 1900 block
y st. N. E., was killed early to
lay when q car in which he
vas q passenger left the road
md overturned between Red Cor
lers and Meadows. Md. The man
IS said to have died almost i'm
.nediately.
The accident was investigated
~ Frank Prince, Prince Georges
county policeman. Efforts early
today, however, to communicate
With Prince or with Sheriff
Charles s. Early failed.
Members of Hellwig's family
said they knew nothing Of the
"details Of the accident. nor did
they know who his companions
we're. They indicated they were
somewhat in doubt as to the
Identification.
The Washington times., 1930-06-20
d. C. Boy DrOUns
At ArLinatOn Beach

william Luttrell, II, Of the 800
block c st. s. E., was drowned
yesterday while swimming in the
Potomac at Arlington Beach, Va.
Efforts Of the Fire Rescue Squad
to bring the boy back to con-
sciousness failed.
Young Luttrell lived with his
sister. Mrs. w. G.. Conrad. She
did not know that he had gone
swimming until she was told Of
his death: Until three weeks ago
he was employed as messenger
by the Postal Telegraph Com
pany.
The Washington times., 1930-06-20

A FORD owner in New York tells of q
Is, 3,OOO-mile trip across the United States
and hack in sixty days and says ''the car
was extremely economical to operate,
comfortable and speedy" A grateful
father tells how the Triplex shatter-proof
glass windshield saved his wife and
children from serious injury in an auto
mobile collision.
To test tires, large company drove a
new Ford day and night, for an average
of 500 miles every twenty-four hours. It
was still giving satisfactory service after
100000 miles.
The Washington times., 1930-06-20

: &
A Ford car that had fallen into Fernan
Lake was submerged for twelve days
before being raised. After new battery
and carburetor bowl were installed, it
was driven back to Spokane under its.
own power.
Many police departments have written
of the special advantages of the Ford in
crowded traffic because Of its alert speed,
acceIeration and ease of control. An in
creasing number of feet owners are also
purchasing the Ford because their cost
figures have given conclusive proof of its
economy of operation and up-keep.
The Washington times., 1930-06-20
Sickness, fatal to Four,
Hits Fifth IN Family

also found in q room where two,
children slept.
Kenneth, sole survivor Of five
who were stricken, submitted TO
blood TRANSMISSION wednesday
night, but his condition Is sttll
critical.
The Washington times., 1930-06-20
After the First
Tuenty-fiUe thousand Miles

good materials and careful craftsmanship especially
apparent the thousand miles Long
emphasizes reliability and economy Of operation
and upkeep
you drive the Ford through many months and you will develop
increasing and growing for the substantial worth
has been built it every everything that
make good automobile will know that have made fareeing salts
factory purchase
Wherever hear of the and this significant
ot-repeaed phase-"Tm glad bought Ford"
The Washington times., 1930-06-20

In addition TO important triumphs in
Germany, France and Italy, the Ford won
six ont of seven leading places in CON.
test in Finland, first and second in tho
Rafaela races in Argentina, first and Sec
ond in the rum from COpenhagen-to-
Paris-tO-C Copenhagen, three gold medals
in England, first ranking in the durability
test over the tOrtuOus Amancaes road i'm
Peru, and first place in the 1880 reliable
ity run conducted by the Royal Auto.
mobile Club of Sweden.
This contest was an exceptionally
severe test of endurance and sturdy con,
struction because it was held in the dead
of winter and covered 600 miles Of
steady running over snow.covered coun.
fry roads and mountainous hills. !.
The Washington times., 1930-06-20

r TOW MUCH BETTER everything tastes
when your bread is fresh and favorfull
- - That's why 50 many housewives choose.
Bond Bread. With each loaf there is guarantee of
pure ingredients. Read the list and you will see that
Bond Bakers use the same wholesome food materials
you would use you baked your own bread Rightly
proportioned, thoroughly mixed and perfectly baked,
these ingredients give you loaf that combines the
most healthful foods with a most appehzing flavor
And the texture of Bond Bread is SO firm and close
knit that the loaf keeps its freshness until the very
last slice eaten, There is, no waste when you.buy
Bond >
Ask your grocer for loaf Of Bond Bread with your
next order. You may be sure it will come to your
table fresh and full of truly home-like flavor. The
moment you taste Bond you will be convinced that
this is the bread you want all the time.
The Washington times., 1930-06-20

NEW Low FORD PRICES
Roadster. s4s5 Standard Coupe s4oS
PhaetOn 40 Tudor Sedan 49s
sport Coupe. SIS
De Luxe Coupe 545
Three.windOw Fordor Sedan. 600
Convertible CabrioIet !. ]. 62S
De Luxe Phaeton cas-
De Luxe Sedan !. go
Town Sedan $50
AZ prices + b DeaOit, plus trsigks and do'ipsEy.
BEmpes and spare siTe estva, as lOsO COST
UniSsrsd Crsdis Company plan Of time payn's"ss
eGess msoshsr Ford economy.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-13
UTILITY DEFENDS
NEWSPAPER STOCK
American Gas Co. Explains Own
ership of Press
Shares.

Offcials Of the American Gas & Elec-
trio Co. yesterday defended before the
Federal Trade Commission ownership Ct
stock in newspapers and q reported
$500, 600 "write-up" in the value Of
an electric company.
Harold M, Sawyer, q vice president
Of the American Gas, said his company
had obtained $4,000 worth Of stock in
United Newspapers, Incorporated, which
controlled, among others, the Wheeling
Intelligencer and the Wheeling News
That $24, 900, Sawyer asserted, was part
payment on q power bill against 0
chemical company. He explained the
payment was made by the largest stock
holder in both the chemical company
and United Newspapers.
The stock was delivered to the APP
palachian Electric Power Co., an Ameri-
can Gas Subsidiary.
His company also once had an in
terest in the Marion, Ind, Leader Pub
fishing Co., George Nathan Tidd, presi-
dent of American Gas, told the commits
sion. He said that in 1911 that inter-
est was written of" the books against
profit and loss. Asked If the American
Gas now had any other connection with
newspapers, Tidd replied:
mot In the least; the good Lord de-
liver usl"
Tidd asserted that a $3,50O,000 in.
crease in property value Of the Ecran.
ton Electric Co. after IL had been solo
to the American Gas was approved b.
the Pennsylvania Public Service Com.
mission.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-13
HOTEL |SPLANNED
AT DUPONT CIRCLE
Building Inspector Asked to
Approve History
Addition.

Construction Of an History addition
to the present one-story structure CO.
cupying the triangular site ct Dupont
Circle between Connecticut avenue and
Nineteenth street by Joseph J. MoebS
owner Of the property, Is provided In
plans filed with the District building in
spector. The cost Of the development
was not estimated in the application foI
permit.
The building Is designed for hotel
purposes and under plans filed by Mr.
Moebs will provide more than 500 rooms
which will be equipped with running ice
water, refrigeration and open f1replaoes
The new structure will have facades
Of stone and brick and construction Of
the additional stories will be OF rein
forced concrete. There viii be . set
back In the eleventh story, in conformity
with regulations here for buildings Of
maximum height
The building viii have q frontage OF
327 feet on Nineteenth street and 2so
feet on Connecticut avenue, the site
consisting Of more than 10000 square
feet. Construction Of the additional
stories was contemplated when the one
story structure was erected about four
years ago.
The building stands on the site OF
the former home Of Edison Bradley
wealthy resident Of Washington and
Newport, r.. ],
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-13
ROBERT f. BRADLEY
DIES AFTER Stroke
Prominent Real Estate Man
Falls Dead Seeking Medical
Aid at Drug Store.

Robert =. Bradley Is years old, real
estate operator here for IS years with
ofices in the Colorado Building and
residing at l722 N street. fell dead from
a heart attack in the Washington
Homeopathic Pharmacy, l007 H street,
shortly before noon today.
Mr.. Bradley came to the pharmacy
for medicine and after complaining To
w. B. Fur, 4344 Argyle Terrace, man
ager Of the store, that he was ", TEL
unconscious to the floor.
Reserve Squad Called.
Furr summoned the Fire Department
Rescue Squad, who worked over the
man for Is minutes with the inhalatoi
without success DR.. James Norrell, Of
the Emergency Hospital stan, pro-
nounced him dead. Oacer r. A
Chambliss Of the first precinct was u
he was q brother Of the late Andrew
G. Bradley, Justice Of the Supreme Cour'
Of the District of Columbia.
Mr.. Bradley's wife, who was Mis-
Mary Stephens, daughter Of the late
Admiral Stephens, died some time ago
and for the past several years he hae
made his home with his sister, Mis-
Catherine Coyle Bradley. Mrs. Bradley
was also born In washington.
Son Of Local Banker.
Mr.. Bradley's father was Charles
Bradley, for many years cashier OF thu
National Bank Of the Republic. HI
is survived by one son, Stephens
Bradley.
Funeral arrangements will be an
nounced later.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-13
H|NDENBURG SIGNS
YOUNG DEBT PLAN
Action on Associated Acts,
Directed at Polish Agree
ment, Is Delayed.

By the Associated Press.
BERLIN, March 13.-President Won
Hindenburg today signed the Young
plan . few minutes after It had been
approved by the Reichsrat with an
urgency clause, making IL Immediately
effective as far as Germany Is con-
cerned.
The associated liquidation agreements
have not yet been signed, as the Presi-
dent is formally obliged to investigate
whether any Of these agreements are in
conflict with the constitution.
The Presidents delay on the asso-
ciated measures was directed solely
against the Polish agreement, concern
ing which he desires to satisfy himself
that 1t Is not tantamount to a constitu-
tional amendment. He probably will
sign it within few days.
U. s. to Be Paid Direct.
The Liquidation agreement, which was
Germany will pay the annuities allocat-
ed to the United States directly to the
United States Government, instead Of
to the bank for international settle
mentS.
The German payments will include
those awarded by the American German
Mixed Claims Commission and the
American claims for the costs of the
American Army of occupation in arrears.
Under the agreement, the United
States declared that Germany's good
will in making the payments would be
regarded as SUFFICIENT guaranty for
fulfillment of the ohli0atiouS aSE,iroed
Other Bills Are Signed.
In addition to the Young plan and
the American agreement, the President
also signed bills on the ReichSbank and
the Reich's railways, but held up the
whole series Of liquidation agreements,
including the Canadian and British.
The Presidents legal advisers, in q
previous decision, Lad said that these
agreements did not involve a constitu-
tional amendment. They have been
summoned to meet Monday and it is
almost certatn that thev will return the
| same opinion. The President, having
I formally satisfied himself, then Will be
| In position to sign them.
The urgency motion Of the measures
proponents intended to give them inn
mediate effect, despite the delay of
two months obtained by those who
| opposed 1t,
The vote ON the Young plan in the
| Reichsrat was % TO and on the Polish
| liquidation agreement IS to 10. The
| urgency motion was carried, AZ to S.
There were three abstensions In the
Reichsrat on the Young plan laws and
five abstentions on the Polish agree
ment. There were three ahStentions on
the urgency clause.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-13
Maj. GEN. Frles Aroused.
YOUNG COMMUNISTS RELEASED.
Prosecutor Learns Pamphlets Given
Pupils in Legal Manner.

Two youthful Communists, arrested
by tenth precinct police yesterday for
distributing literature at Mcfarland
Junior High School, were released to-
day at Police Court when the charges
were nolle pressed.
Receiving complaint from the jun
Tor high school, Precinct Detective w.
L. Smoot and Policeman r. l.. Jones
went to the institution, where they
found Nathan Briscoe, 10 years old.
$500 block of Fourteenth street; Philip
ShindbeFg, II years old, 1900 block Of
Seventh street, and young girl dis
tributing pamphlets. The girl escaped,
but the boys were arrested and charged
with distributing pamphlets. Each de-
posted $40 collateral for their appear
ance IN court today. '.s
After comforting with the arresttng
policemen and Assistant Corporation
Counsel Edward w. Thomas, Attorney
Ford learned that although the youths
distributed the pamphlets they 0are-
fully handed them to the pupils. The
police regulation under which they were
charged provides that the literature
must be strewn about the street.
Plans for Q national convention Of
unemployment workers were discussed
at q mass meeting of Communists at
1897 Seventh street last night.
Solomon T.. w. Harper, colofed Com
munist leader, advised that there will
be q conference Of leaders Of the Orr
ganization In New York City ON March
29. Dates will be arranged for State
of Communists and unem-
ployed workers, which will be followed
by the national meeting. The place
where the national demonstration will
be staged has not been selected.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-03-13
SANFORD LEAVES
ESTATE TO WIDOW
viii of Supreme Court Justice
Makes Provisions for Daugh-
ter and Grandson.

The will of Edward Terry Sanford,
associate justice of the United States
Supreme Court, who died March Q,
just I'VE hours before the death Of
Chief Justice william Howard Taft,
was filed today for probate in the Dis
trict Supreme Court. No indication
of the value of the estate Is disclosed
The will was executed June 8, 192T.
His daughter, Mrs. Anna Sanford
Cameron Of Kirkland Lake, Ontario,
Canada. Is given $4,000, and his grand
son, Edward Sanford Metcalfe Of Paris,
KY, $1,000. Legacies Of 81 900 each
are provided for James q. Metcalfe and
Caroline r. Metcalfe Of Paris, KY:
George M. Cameron, Dorothy Cameron
and Anna Cameron, all OF Kirkland
Lake, Canada.
The remaining estate Is devised to
my beloved wife," Lutte Woodruff SAN
ford. The National Metropolitan Bank
Of Washington Is named as executor.
Justice Sanford had provided that
in case his wife should die before him
or both should die together that the
National Metropolitan Bank should hold
the remaining estate in trust, paying
two-thirdS OF the income to his daugh-
ter, Mrs. Cameron, and one third to
his grandson, Edward Sanford Metcalfe.
Should the bank not qualify as either
executor or trustee for any portion Of
the estate outside the District of Co
1umbia, Justice Sanford had selected
the Fidelity Trust Co. Of Knoxville to
act.
The viii was filed by Attorney r. p.
HollingSworth, trust oficer OF the Ma
tional Metropolitan Bank.