davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-09-04
NOW GO ON WITH THE STORY
CHAPTER TH1RTY-THREE

A MOTHER week slipped by. Paul
IA Collier had gone to Seattle to
spend his vacation.
Think of me, my boy, on Mount
Rainier, when the thermometer be-
gins to sizzle."
He had asked Dan to wire him
If Grand United took his play. so
he would have opportunity to cele-
brate. Only, Paul had not said
If" he had said when"
Dan began to think the studios
silence was unreasonable, and once
or twice he half angrily had been
tempted to call, believing that
Grand United should be told there
were other studios in Hollywood to
whom he might submit his play.
And then one day Phillips secre-
tsry called him and asked him to
come over to the office. She said,
with a smile in her voice: Its good
news, Mr.. Rorimer, and I'm very
glad"
That's mighty nice of you" he
told her, feeling that the world
suddenly had become a much
brighter place. "I1I be right over"
Phillips welcomed him with a
broad smile and a hearty hand
clasp. Think we were never going
to decide, Rorimer? Well, it wasn't
my fault-nobody's fault in particu-
lar; we've been sort of up in the air
and things have to take their turn,
you know"
At any rate, he said, Grand United
wanted to buy his play. Il think
it's pretty swell, and what's more
important, so does MI. johnson.
How much do you want for it?"
Dan gazed at him rather blankly,
and Phillips laughed and told him
not to look so f1abbergaSted. "Sit
down, I just asked you how much
you wanted for it, that's ALL"
Il haven't thought about that at
ALL" Dan replied uncertainty. "Ail
I could think about was whether it
would suit you. How much is it
worth to you?"
Phillips named a figure. els that
satisfactory? 1 think it's very fair
more than you'd get anywhere
else. probably. It's pretty high con-
Sidering what We pay for most
original stories, but l like your play
and 1 think it's worth it."
That's perfectly satisfactory"
Dan said.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-09-04
ITO Be Continued)
Memory Strung

BIZ United Press
GREENSBURG, Ind, Sept. A.
Time does not erase the memory of
neighbors from the minds of MIR.
and Mrs. Ira Aldrich, Greensburg.
Aldrich lived in Defiance, O., twen-
ty-eight years ago and MI. and Mrs.
Jacob Fillman lived nearby. Then
Aldrich moved to Greensburg and
saw no more of the Fillman family.
Fillman decided to surprise his
former neighbor and he motored to
Greensburg from where Aldrich
lived and called. He was recognized
Immediately.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-09-04
"COOD. I've been wanting t
VI talk to o about IL eve

FOOD. I've been wanting to
NJ talk to you about it ever
. since I read it, but I've been so busy
these last two weeks that I've been
dizzy.
Your plays got a wallop, all
right. You know, the night I took
it home to read it we had company.
Unexpected. They didn't leave I'M
til midnight, and after they'd gone
I picked it up and sort of glanced
at it, expecting to finish it the text
day.
Know what happened? I read
il right through. Its got great
kickl I guess my secretary told you
1 was enthusiastic about it. Where'd
YOU get the idea?"
Dan told him Phillips smiled.
''vell, now that we've agreed on
price, I think we ought to have a
little libation." he said. and he
opened a little cabinet beside his
desk and brought out a bottle and
two glasses.
He poured one glass, full. handed
it to Rorimer, filled his own. lifted
it to his lips. and there he paused.
Happy days he said.
And when he had set his glass
down he spoke through the inter-
office phone to his secretary and
asked her to find if Mr.. johnson
was busy
The boss wants to see you" he
told Rorimer. Now that he's sold,
he's sold hard. He's been asking 3
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-09-04

Late that afternoon the attention OF the
camp was attracted by the sound Of a power
full voice calling a single word, repeated several
times: Lady! Lady, LADY," Several SOL
diers advanced stealthily through the jungle
toward the author of the call. A half hour
later they returned, dragging Mugambi among
them. Now the big blacks eyes fell upon the
M. Jules Frecoult. Between Frecoult and the
disasters Of his master, Mugambi saw a sinister
relationship.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-09-04

When Werper learned that the Abyssinians
we're enemies of Achmet Eek, he took heart.
But lest he, himself. again fall into the hands
of the raider, he discouraged Abdul Mourak
from further pursuit. telling him that Achmet
Eek had a large and dangerous force and was
marching rapidly toward the south. Convinced
that IL ssould take a long time to overhaul the
raider, Mourak abandoned his plan and pre-
pared tqAreturn to Abyssinia.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-09-04

And so he did not recall his identity to
Werper and the man failed to recognize him.
Pleading that he was but a harmless hunter
from a native tribe, Mugambi begged to be al
lowed to go upon his way; but Abdul Mourak,
admiring the warriors splendid physique. de-
cided to take him back to Ads Abeba and pre-
sent him to Emperor Menelek. Then Werper
and Muganbi we're marched away under guard,
and the Belgian learned for the first time that
he. too. was a prisoner rather than q guest.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-09-04
BY Ahert
By Blosser
BY Crane
BY Small
By Cowan


In vain he protested against such treat
ment, until a strapping soldier struck him across
the mouth and threatened to shoot him if he
did not desist. Mugambi, on the other hand,
courted the good opinion Of his captors, think
ing that during the course Of the journey he
would find ample opportunity to elude the
vigilance Of bis guards and make good his
escape. He and Werper were kept together and
there came a time when the powerful bkck
learned 1 very surprising thing. By accidenS
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-06
Am ERICANS HANDLE
WAR LIQUIDATION
G. w. McGarrah and Leon Fraser
Doing Their Part With Inter
national Settlements Bank.

By Gable to The Star Star. and Chicago Daily
PARIS, France, July 5.-Two Amer.
leans. Gates w. McGarrah, president
and Leon Fraser, Mr.. McGarrahs sub.
stitute, are doing their part as the
heads of the Bank for International
Settlements in taking care of the finan-
cial part of war liquidation.
It is now a month since the repara-
tons were removed from politics and
placed on commercial basis. The bank
has just issued it's first balance sheet
as of June 80, showing the total re-
sources at about $500, 100000 The cash
is about $1,000,00G
The funds are employed as follows:
On call, about $4,600,000; is DAYS
$88, 900 900; 16 to 80 days, $500 900
For a maximum OF 80 days there are
acceptances of about SAG, 600, 900:
treasury certificates. $52,00O,O00, ard
other short-term placements of about
So, 300, 600. About $4,000, 900 are earn
ing money on more than 90-day paper
Other assets approximate 100000.
OF the authorized 100000 shares at
$500 Swiss francs each about $487)
164,000 have been issued. Thirty millions
of dollars have been deposited on &C
count for an annuity trust. The Ger
man government deposit is over
$24,000,000.
The sight deposits are $1,000, 900
from the central banks and $4,000, 900
deposited by the central banks for
others, and $500, 1000 for other depositors
The bank still has $4,000, 900 as un-
distributed proceeds of the recent Young
loan. The bank has other liabilities OF
about 100000.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-06
COMMODITIES ARE STILL LOWER
AS INDUSTRIAL ACTIVITY DROPS

industrial activity will pave the way for
a sounder alignment between the ratio
of supply to demand of not only fin
ished goods, but, also raw materials
This should not cause an abrupt halt
in the declining commodity price trend
for in all previous establishments COM
modify prices continue to go down hill
for several months after business has
turned upward.
Declines were shown in all commodity
prices last week at a panic rate. Since
the first of the year all commodities
have declined IL per cent and are down
nearly 25 per cent from the base year,
1926. Industrial commodities. agri-
cultural products, livestock textiles and
non-ferrous metals showed the greatest
decline.
No tendency has been shown by in
dustrial prices to slow up in the down.
ward move which has been going on
for nearly a year. Some inventory loss
is inevitable but the situation is in no
sense acute. The surplus producing
capacity with conservative demand still
encourages price concessions. So far
the tendency to reduce prices has not
encouraged greater demand.
Agricultural Products.
These products sagged sharply last
week. The world wheat crop promises
to equal the adequate volume of yeaI
ago. North American production will
exceed 1,150 100000 bushels. The
carryOver is above normal and the
action of the Federal Farm Board does
not lend confidence. Price weakness in
wheat has affected grains and other
foodstuffs. Livestock prices were
sharply lower.
Cotton, silk wool and rayon, recorded
the sharpest break in all groups. Cot
ton, in particular, ruled weak which
was true of finished cotton goods. Sill
reached a new low while rayon anc
wool remained stable. There is still
a burdensome surplus of fine textiles
Metal Prices.
Led by another break in the copper
market to 1ll2 cents, non-ferrous meta
declined. Price weakness also character
lied lead and zinc. A check-up en-
phasizes the fact that production has
been slow in adjusting itself to the
materially lower rate of consumption
Available stocks of all non-ferrous
metals continued sharply above average
Most important price changes:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-06
IMMIGRATION BAR HELD FACTOR
TO WORLD SLUMP OF BUSINESS
French Journalist Sees American Exports
Likely to- Be Adversely Affected by Closed
Doors to international Labor Distribution.

Russia, where it has fallen from 1000
to few thousands.
In short, if the universal economic
crisis has momentarily solved the prob
lem of circulation and separation of
raw materials by overproduction and
the reduction of the prices thereof,
1t aggravates, or at best leaves without
solution the problems of circulation of
capital and international distribution
of labor
France, for example, has a mass of
unemployed credits and lacks labor in
the rural districts as we'll as in numer-
solution the problems of circulation of
Gus industries France, which is the
natural melting pot wherein Latin.
Celtic, and Germanic races ANAL
gamate, is surrounded by nations lack
ing capital and where labor abounds
to the point of unemployment, but
which export few laborerS.
The American policy of immigration
restriction and super -protectionism, to-
gether with the economic crisis, must
therefore have for its normal conse-
quenceS the compelling of Europe to
conserve its ever-increasing excess of
labor, resulting in aggravation of the
difference between American and Euro
pean salaries-and an increased con-
GldSI III pAICSS UclWSSIl IllC IWO COllLl-
nentS.
Isolation Of U. S.
1t is evident that American exporta-
ton will bear the brunt of this dis
parity in world markets, and the most
important consequence of such Sit
uation must normally be the greater
and greater isolation of the United
States.
AS for Europe, either she will elimi-
nate her surplus population by new
wars caused by the explosion of over
populated countries, or she will be
partly supported gratuitously by the
United States, which in order to dispose
of it's surplus production will lend her,
with more or less hope of return, the
wherewithal to buy her subsistence and
help for her unemployed. Or there
is a third solution; namely, for Europe
deliberately to enter on the road of re-
distribution of her labor, capital and
her own raw materials, in whihc case
she stands up as a very redoubtable
rival of American economy.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-06
BY GERVILLE REACHE.



PARIS, July Sat time when the
United States has millions of unem-
ployed, it may seem paradoxical to
preoccupy ones self with the question of
immigration. But everything is con-
nected. The crisis which is in full
swing, after the adoption of a national
policy which practically amounts to the
exclusion of emigrants, deserves con-
sideration.
Let us leave aside the social view
point, which, it is true, was most i'm
portant. 1t may be said that if immi-
grafton had been unrestricted, the
present number of unemployed in the
United States would be higher still,
high salaries could not have been main
tanned, overproduction would have been
more intense, and prices could have
fallen even lower.
Purchasing Power Not Held.
Let us observe in passing that the
maintenance of high salaries with
closed doors has been insufficient to
maintain the purchasing power of l20,-
0000 consumers to the point of alb
sorbing all production. Moreover, it
goes against economic laws by MAIN
tanning in the United States an artificial
dearness, despite the fall in wholesale
prices. In the final analysis it ends in
a vicious circle; namely, bringing about
the necessity of resorting to protection
ism in defense against the so-called
low European salaries, the cause Of
which is precisely due in part to the
non admittance of emigrantS.
AS a matter of fact, immigration re-
strictions have contributed much to the
business slump and unemployment
which prevail in certain European coun-
tries. notably England.
The population of the British Isles
which before the war was reduced by
1894 individuals per hundred thousand
by means of immigration, is reduced
since the war by 2l9 only, in spite OF
financial sacrifices under the empire
settlement act; the population of Italy
is reduced by 12l instead of 582
etcetera The greatest falling off has
been noted for the territory formerly
part of Austria Hungary, where i'm
migration has fallen from 394 1000 in
1918 to 10000 since the war, and in
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-06

and an upward movement had started
which continued, with occasional inter-
ruptions, for about five years. 1t ended
with the preliminary symptoms of the
war, with the low point reached at the
end of 1914, coincident with the reopen
ing of the stock exchanges, which had
been closed in the previous August.
Movements of Securities.
The next major depression was that
of 1921, which was an aftermath of the
war and of the tremendous speculation
in commodities. From the Autumn of
1920 until the Summer of 1921 the basic
line showed a drop from about las to
40. At the end of about nine months
recovery set in and was of rapid and
substantial character
In all of these depressions movements
of securities were naturally regulated by
business conditions. In the 1883 panic
the high point for bonds was reached
IL months after the low point of pig
iron production and for stocks two years
from that date. In the 1893 depression
these conditions were practically dupli-
Gated, and the same is true of 1903 and
1907. 1t Is also interesting TO note that
interest rates remained low long after
industrial activity had begun and that
the general length of the low interest
period was from one year to one and
one-half years after the bottom of the
business depression had been reached.
AS deductions regarding all of the
panic periods were based to consider
able extent on the fall In pig iron pro-
duction, which was taken as the best
index of industrial reaction, it is of in
terest to note that for the first six
months of this year the output of pig
iron is OF is per cent from 1929, or less
than in other eras OF business troubles.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-06

st. Louis, 921 per cent for Minneapolis
4.83 per cent for Dallas.
Other regionals would not contribute
for seine time.
Under this plan S5,252 900 would be
added to the surplus of the regionals, no
franchise tax would be paid and extra
dividends of $1,527 900 would be paid
annually. Senator Glass has measure
before the Senate that provides that if
enacted it would divide the surplus after
payment of present dividends each year
between the member banks and the
Government, the latter as a franchise
tax.
Bankers are hoping that one of these
measures will be adopted. They admit
that they need help this year, else it
will be one of the thinnest for years.
Situation Slightly Better.
Perhaps the situation in the business
world is little better, little less bear
ish. Bonf1res on Wall Street have not
been lighted to celebrate the improve
ment as yet, but the tone is fractionally
better
Bears are not pressing the market
with the same confidence that they did
before they sensed firmer undertone.
Further recessions are probable in the
next two months, but there are likely
to be temporary rallies as well.
Local stocks seem to have settled to a
steady price range and a light trading
movement. The worst is apparently
over.
Earnings for June may set Capital
Traction back a bit, although it would
seem as If the company should have
small trouble maintaining its dividend
at the recent cut, per cent, and the
yield at current prices for the stock
makes it desirable investment.
In common with other industrial
corporations. Mergenthaler will probably
show lighter earnings, but the position
of the corporation is excellent, and the
regular per cent dividend may be
counted on.
Not the least Of the conapany's as
sets were couple of millions in cash,
no bills payable no bank loans.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-06

BY the Associated Press.
AUBURNDALE, Mass, July SIN
dustrial activity during the past week
reached a new low, falling under the
previous low point of last December
The further slowing up which has car
ried the business volume to around
per cent under normal, has forcefully
affected commodity markets Last week
recorded another severe decline af-
fecting all groups with the exception OF
building materials and coarse textiles
Out of Is individual groups IL declined
remained unchanged and 2 advanced
Business appears in resting period
pending such time as the surplus over
production of year ago is worked of
Unemployment has increased and pur-
chasing power has been further cur
tailed, due to the drastic decline in ag-
ricultural products Conditions in for
eign countries fail to improve. In the
Far East silver is demoraliZed and
prices of principal commodities are the
lowest on modern records. Prices OF
commodities in the Southern Hem
iSphere, England and the continent
have continued the downward trend so
pronounced since last Fall.
Sharply lower. prices in this country
have had an unfavorable effect on
business confidence. There are definite
signs that the secondary reaction In
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-06
Close of "Street''
Reflected i'm All
Markets of World
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, July 5.-Wall Street
today was one of the quietest places
on the continent, as it was on
Friday.
Its closing down for a day is
never without constant reminders,
since the foreign dealings. both
trade and financial, have become
important Every cabled dispatch
to market doings abroad today con-
tanned some form of the phrase. In
the absence of Wall Streets leader
ship, trading was dull and irregular"
The same was true of grain and
commodity markets in Canada, in
South America and across the
Atlantic.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-06
Kemmerer, Known
AS Money Doctor
To Aid Colombia
ecial Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, July 5.-Dr. Edwin
w. Kemmerer, who has been named
to head the commission to Colombia
which leaves in August to overhaul
the finances of the South American
republic, is widely known as the
money doctor"
DR.. Kemmerer has just returned
after a year in China, where he
served as financial adviser to the
Nationalist government Meanwhile
he is spending a few days of rest
with his family in Maine.
Besides serving as an expert with
the Dawes Preparations Commission,
the Princeton economist has been
connected with the financial reor-
ganization or currency sterilization
in the following countries: Philip
pines, Egypt, Poland, South Africa,
Mexico, Guatemala, Bolivia, Ecuador,
Chile and Colombia once before.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-06

try, domestic or
foreign trade. He
holds that there
has been a general
and serious depreS-
sion in world trade.
Coming on the
high hopes of this
S prin G this re-
newed weakness is
m ost disappoint-
ing. Not only has
it meant a new
a C C Emulation of
losses for thou
sands of investors.
but by virtue of
the markets tradi-
tional position as a
prophet Of industry
il has served tn
Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-07-06
Business News
in
Retrospect
Business News of Day Has
Little of an Encouraging
Character and the Serious
Wor1d-Trade Slump Con-
tinues.
BY I. A. FLEMING.

George Roberts. the economist Of the
National City Bank, finds little of an
encouraging character in the news of
the day relating to business, indus
Milford chronicle., 1930-12-12

keting, it is wise to take the usual
precautions first to get a good mar
ket. Conferring with other timber
growers, the county agent or State
forestry officials will help. If along
with his timber the farmer can sell
his own labor and the use of his
trucks and teams, the return is in
creased. He should get a reliable
estimate of the amount and value of
timber to be harvested, and should
also provide for the future growth
of his woods. He should have a writ
ten agreement with the buyer, es-
pecially if the buyer is to do the
cutting.
BY the way of improvement cut
ting, Mr.. Mattoon advises thinning
out thick young stands of timber for
poles, fence posts, crossties, piling
and cordwood, and using the lower
grades of the wood for fuel. The
farm bill for posts, fuel, and other
materials may be reduced in This
way and the best trees in the wood
land will still be left for a later
Milford chronicle., 1930-12-12
ChOpPiHg Wood To Cut
Fuel Bill On The Farm

Many farmers are going to chop
wood and cut the fuel bill this win
ter, according to United States For
est Service extension workers, who
point out that one of the cash crops
of the farmer is the increment from
the farm woodland. While caution is
advised in cutting logs, ties, and
other products for market, owing to
the possibility of glut, the owner
of a patch of woodland is sure of
his fuel, and may net have to lay
out cash to keep the home fires
burning. In areas affected by the re-
cent drought, the woodland will in
many cases help the farme rto tide
over.
. "The woods are a farm savings
bank to be drawn upon in time of
need" says w. r. Mattoon. exten-
sion forester, in a recent report on
farm woods. "If it is drawn upon
only to the extent of cutting the
growth or interest, the capital re-
mains untouched and the invest
ment continues undiminished.
"If timber is to be cut for mar