davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1931-09-09
No Increase Seen
In Tax on Tobacco

DANVILLE, Va, Sept. "a.
B. Darlington, president of the
Tobacco Association of the United
States, has been informed by
agents in London that the ma
tional governments emergency
budget would not increase pres
ent import duty on American, to-
bacco. which stands at $2.16 per
pound.
Southern tobacco companies
with British affiliations have
been anxious during recent weeks
over the prospect of an increased
tariff, which, it is considered,
would be detrimental to the
American trade at the outset of
a new selling season in tobacco
belts. where large purchases are
made for the British trade.
The Washington times., 1931-09-09
BOOSTER PLANS
PUSHED

After a recess during August, a
special committee Of Greater
Montgomery County, Inc, plan.
ming a booklet detailing the adj
vantages of Montgomery county
as a residential section. will meet
tomorrow night at Bethesda to
choose the advertising firm to
prepare the booklet.
The committee consists of Wal
ter Funderburke, chairman. and
Major Phil D. Poston, Edward H.
Jones, w. I. Cleveland, o. M.
Kile, and Bernard T. Brosius.
It is hoped to have the pamph-
let ready in the next six or eight
weeks. Most of the data have al
ready been compiled. There will
be no advertising in the booklet.
The Washington times., 1931-09-09
SCHOOL BELLS
RING MONDAY

In preparation for the opening
next Monday of Arlington county
(vaO public schools, all principals
and teachers will meet Friday at
8 a. m. at Washington and Lee
High School, Ballston, it was an
nounced today by Superintendent
Of Schools Fletcher Kemp. Princi-
pals will meet at $3.50 a. m. and
teachers at 1880 a. m. at the
same school.
Colored teachers will meet for
the same purpose tomorrow after
noon at 2 o'clock at the John B.
Langston School at Halls Hill.
The Jefferson colored school will
open October /, Mr.. Kemp said.
Delay in opening this school is
due to construction work on it.
Four rooms are being added to
provide facilities for colored school
children of Arlington county to
compete a high school course,
something that has not been pos
Sible before.
The Washington times., 1931-09-09
. FACE TRIALS
IN DRY LAW
CASES
Week End Drive by Prince
Georges County Policemen
Nets HyattsViIIe Cases

Charged with prohibition-law
violations, four persons win be
arraigned in Police Court at
Hyattsville today as a result Of
a series of arrests by Prince
Georges county police over the
weekend.
White Faces Trial
David White, Of Pasadena, Md,
said to be the driver Of an
automobile that overturned at
Defense Highway and River
Road Monday, after a 6O-mile-
an-hour chase, will be arraigned
on charges Of transporting, reck-
less driving, exceeding speed
regulations and destroying pri-
vate property.
The car Is said to have con.
tanned seven cases of liquor.
Whites companion, Lewis Tay-
lor, colored, also is charged with
transporting. The lien were ap-
pretended by Sergt. N. G. Macher.
DOIan Is Held
John Dolan, alleged driver Of
a car which was halted by Po-
liceman Ralph Brown, will be ar
raigned on charges of transport
ing and failure to possess per-
nit. According to police the car
contained % cases of liquor.
Luther B. Garner will appear
on charges of possession and
operating a disorderly house. A
raid on his house in Seat Pleas
ant is said to have yielded 120
bottles of beer and approximately
two gallons of liquor.
The Washington times., 1931-09-09
BAILEYS CROSS ROADS

The Baileys Cross Roads School
and Community League will meet
tonight in the school auditorium,
Baileys Cross Roads, Va.
The Washington times., 1931-09-09
BIDS REJECTED.
ON ADDITION
To SCHOOL
Chevy Chase Unit Proposals
Exceed Funds in Hand, Mont.
gomery Board Discovers

The first meeting of the board
OF education of Montgomery
county was held yesterday at
Rockville High School, with
George Davis, Of Seven Oaks Sill.
yer Spring, who was appointed by
Governor Richie as a member Of
the board May / for a term OF
six years, present for the first
time.
BealI Gets Scholarship
Austin L. Beall, of Damascus,
was awarded the tuition scholar.
ship to st. Johns College. Beall
had the second highest rating in
the scholarship examination, the
application of Louis Parker Wei.
Ter, who won first place, having
been withdrawn.
On recommendation of Frank
Proctor, supervisor of school
property, the recent bids for the
second unit of the Chevy Chase
School were rejected on account
Of being in excess Of the avail
able appropriation for the work.
Further study of the plan was
authorized to provide plan for
the school.
Contract Is Approved
The contract of w. w. Griffith,
calling for work on the Laytons.
vile School to cost $3,435. Was
approved, as was the Takcma.
Silver Spring High Schools bid
of $2,915. submitted by the Silver
Spring Painting and Construction
Company.
Authorization was given for the
abandonment of the colorcd
school ct Brick Yard and Cabin
John. These children will be
taken care of in the River Road
colored school.
The Washington times., 1931-09-09
Smile Marathon
Feature of Carnival

A pie-eating contest, a creased
pig race, and an eight-mile mara.
thon are expected to draw many
to the carnival to be held Septem-
ber 1919 in Bethesda, under the
auspices of the Bethesda Volun.
teer Fire Department.
According to Chief j. Fred
Imirie, almost 100 entrants are
expected in the marathon. It
will be a food carnival with
prizes of ham, bacon, flour, sugar,
and other foodstuffs going to the
lucky persons.
The Washington times., 1931-09-09
BETTER 7 H A n
DOLE SYSTEM,
HE AYERS
Maryland Legislator Offers
Solution Of Unemployment;
: Back From European Trip

FREDERICK, Md. Sept. g.
Reduction of the number of
working hours and division of
available work among III de-
string jobs is advocated by Rep
resentative David j. Lewis, who
recently returned from Europe.
where he made study of uhem-
ployment problems.
Terming his plan "equipartitian
Of existent employment" Mr.
Lewis said that under it, indus
try would be compelled to divide
all available employment fairly
among all workers. The result,
he said would be absorption of
the country's 100000 unem-
ployed.
Some industries now are work
ing their employees on a four or
five-day week basis. The Lewis
plan would make such action
compulsory by law.
The number of work days
available to employees should be
determined by advisory councils
in each industry Mr.. Lewis said.
An excise tax equivalent to the
monetary value of the excessive
time granted an employe. to COM
pensate the unemployed should
be imposed on any employer who
shows favoritism toward any one
employe.
The scheme is offered by -Ar
Lewis as an alternative to the
dole. He believes that it re-
tains all of the virtues of the
dole system without the bad fea-
lures. He added:
Even four days work week
would be better than any dole
now paid, or that could be
collected. 1t would actually
be equivalent to six days wages
In Europe"
The Washington times., 1931-09-09
NEW ROAD OPEN

The improved roadway between
Peace Cross and Barney Street
in Hyattsville was opened today
by Maryland State road authori-
ties, after undergoing repairs
that now permit four lanes of
traffic.
The Washington times., 1931-09-09
Wisconsin Avenue
Wideninq Is Urqed

Citizens associations bordering
on Wisconsin Avenue in Mont
gomery county, Md, are joining
in requesting County commits
Sioner Robert D. Hagner to use
his influence to impress members
Of the State Roads Commission
with the Importance of widening
Wisconsin Avenue in time for the
George Washington Bicentennial
in 1892.
The Washington times., 1931-09-09
FIRE FIGHTERS FARLEY

The Arlington. .Fairftx Volunteer
Firemen's Association will meet
Tuesday night at the Cherrydale
Fire House to plan for the asso-
cations participation in the Ma
tional Fire Prevention Week.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-07
VIRGINIA TOBACCO
PRICE TREND MIXED
Dark Fired Product Higher, but
Burley and Flue-Cured
Lower.
BY the Associated Press.

BY the Associated Press.
RICHMOND, Va, February TIM
proyement in the prices paid to grow
erS of dark fired tobacco and lower
prices for flue-cured and hurley tobac-
co were indicated by tobacco price
summaries issued by the tobacco sec
ton, Bureau of Agricultural Economies,
and communicated today to the Offices
of the Federal-State crop reporting
service here.
The price reports were based on
operations of the Federal-State tobacco
grading service in Virginia, North Caro-
lima, Kentucky and Tennessee during
the week ending January "a.
Prices in the three major dark fired
types of Virginia, Kentucky and Ten
nessee showed a distinct upward trend,
noticeable in many grades and lengths.
Opposed to these favorable indications
were the rather sharp declines in prices
paid for f1ue-cured tobacco in the
Old Belt and in hurley. The Slackened
buying interest in these cigarette types
was ascribed in part to the large volume
of 1880 production, which enabled some
of the large manufacturers to fill their
requirements before the marketing sea-
son closed, and In part to the tenn
porary slowing up in the cigarette in
dustry resulting from business depres-
sion and unemployment The reduced
takings of flue-cured tobacco by China
also have been a depressing factor in
the marketing situation.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-07
NEW CHESAPEAKE BANK
COURT FIGHT is SEEN
Special Dispatch to The star.

Special Dispatch to The Star.
BALTIMORE, February IA new
legal fight over the tangled affairs of
the Chesapeake Bank was imminent
today as the receiver and attorneys
representing depoSitors prepared to
oppose petitions that State and city
claims be paid in full
Preferred claims amounted to SAP,
28484. George w. Page, State Bank
Commissioner and receiver for the bank
said, the Clearing House Committee
failed to take these claims into consid-
Grafton when estimating that depositors
and general creditors would receive So
per cent.
The city, through City Solicitor A
Walter Kraus, claimed it was entitled tc
100 per cent payment on the ground
that it was a governmental agency.
The petition stated that the city was
entitled to $402, 151.11, plus interest the
amount of which the city had on de-
post when the bank was closed Deem
Der 9.
The States priority claim for deposits
of $40, 1883, with interest, was entered
by the American Bonding Co., which
held 1t was entitled to be -subrogatec
to the States sovereign rights.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-07
OYSTER INDUSTRY
HIT BY DEPRESSION
Marylanders Report Decline in
Sales, Despite Unusually Good
Supplies This Season.
Special Dispatch to The Star.

Special Dispatch to The Star.
BALTIMORE, February 7.-An un-
usual Midwinter depression is being ex-
perienced by Baltimore and Maryland
oystermen and packers in the sale Of
the Chesapeake Bay product, according
to statement made by Swepson Earle,
commissioner Of the State Conservation
Department.
Despite the fact that oysters have
been of an unusually good quality and
the yield large, the market for them
In the city has been so bad that the
steamhouSes of this section have failed
to open, Mr.. Earle declared. AT present
there are more than $4,000 bushels OF
dredged oysters on the wharves and in
boats awaiting sale.
Mr.. Earle stated that number Of
oystermen had been in touch with him
about the situation that had developed
in the market here. He has carried on
an investigation with oystermen in
other States and found that the local
market is not the only one that has de-
creased sales.
The conservation commissioner pointed
out that the yield has been abnormally
large this Winter, due to the open
weather, which allowed dredgers to
work almost without interruption since
the beginning of the season. Usually
severe cold spells and snowfallS keep
them from dredging for days, and some
times weeks, at time. The continu-
Gus dredging activity this year has
caused an increased production, which
has tended to lower the price and cause
glut.
The general business depression, with
its accompanying tightening Of pur-
chasing power on the part of the public,
has also had an effect, Mr.. Earle added.
The New Jersey and Virginia oystermen
report that their markets have de-
creased sales.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-07
TREND OF SECURITIES TRADING
MAY BE CHANGED BY NEW RULE
Proposal to Sanction Secondary Sale" of
Stock Stirs Up Wide Discussion.
Plan Is Explained.

fields and said it was just another step
in the development of system far re-
moved from the old banking ideas and
policies. He said banks had long since
ceased to be commercial banks in the
old sense of the word and that banks
now were not content to make profits
from loaning money deposited with
them.
Call Loans.
Many of them, he contends are VEN
turing into the investment field and
stalking extraordinary profits in the
call money market. He holds that a
goodly number had their fingers burned
as a result in the crash Of late 1929
and that this was move to permit
them to do the same thing again with
out the danger of fire.
In outlining his belief, he explained
that many banks had made large loans
to brokers backed by stocks as collat-
eral and that when the crash came
they found themselves with thousands
Of shares on their hands which they
wished to sell, but which they feared
to throw on the market for fear the
selling would break the price and lead
to further bankruptcies and a panic.
Some Senators and Representatives
are strongly in favor Of the measure.
marker
has passed out of the hands of the in
divioual distributor and been gathered
in by a half dozen big investment
houses. The smaller units cannot com
pete. They say that this latest rule
will prevent that from happening in the
stock market.
They point out also that the pres
entation of new issues by industrial,
commercial and utility concerns is al
ways in danger of bunch of profess
Sional "sharpShooterS" who take imme-
diate advantage of any advance in the
price OF a new issue to dump thousands
OF shares bought at the subscription
price on the market.
Wider Distribution Likely.
The new rule, it Is asserted, leads
to wider distribution of stocks In
smaller lots and obviates the danger OF
huge blocks of stock being thrown on
the market with express intent to break
the price.
There will be over three billion dol
lars worth of new financing in the
present year. This new ruling will have
much to do with the way these invest
ments are presented to the public. The
railroads, If consultations go through
that are now we'll on their way to &C.
complishment, will be forced to change
capital structures to the extent of hun
dreds of millions. Almost as large an
amount will be foated by the utilities
while the fractions can scarcely go on
for another year without more new
capital.
Copyright. 1917
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-07
CURB SHARES GAIN
. IN BETTER MARKET
List Shows Increased ACtiV.
ity After Dull, Irregu-
lar Start.
BY JOHN A. CRONE.

Special Dispatch to The Star.
NEW YORK, February 7.-Selectivity
strength and comparative activity
marked trading on the Curb Exchange
today after an irregular and slow open
ing.
The public utilities led the upswing
Electric Bond g. Share gained more
than q point American Sc Foreign
Power, American Superpower, Middle
West Utilities and Niagara Hudson
Power rose fractionally. Cities Service
was unchanged most of the session
Amusements, motors and chain stores
followed the uptrend taken early in the
first hour by the pivotal public utilities.
Technicolor featured the motion picture
stocks as it recorded new high for the
year. Trans-LuX resumed some OF Its
former show of strength. and Fox The
aters A and General Theaters Equip
ment turned active.
Motors and Chain Stores.
News from the motor world was Of
mixed character. The January produc-
ton figures, as expected, showed a gain,
but trade reviews we're quick to point
out that the increase was below sea-
sonal anticipations.
Initial dealings in the Ford shares
were at higher levels as result OF the
more liberal dealer discount policy, an
nounced late Friday, and world Ford
production in January, which was 3d.
1872 cars and trucks, against 45,032 IN
December, and 98,529 in January, 1880.
Chain Stores Stocks, Inc, a special
lied investment trust, began the ad-
vance of chain store shares generally,
which reflected January sales improve
ment. National Family Stores proved
an exception to the trend, opening lower
because of the quarterly stock dividend
Of az per cent, due at this time, was
omitted.
. Goldman Sachs in the investment
trust list was inclined to heavineSs fol-
lowing the announcement that a sub
sidiary, Pacific American, sought to re-
duce stated capital by $7,448,70o.
Oil Group.
Vacuum Oil was up nearly points at
times following estimates of earnings OF
So a share for 1880. The activity of the
stock was accompanied by the usual
z rumors that the Federal Government
soon would make known its decision on
the proposed merger between Vacuum
and Standard Oil of New York.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-07
"GYP" STOCK SELLERS
ARE ACTIVE AGAIN
Crooks Increase Their Operations
as Market Gives Evidence
of Sterilization.
Special pispatch to The Star.

0peClhl DlSpRLCu 10 1He SLhT.
NEW YORK, February with the
increasing sterilization of stock prices,
said Assistant Attorney General Paul j.
McCauley here today. it is apparent
that the "gyp" stock statesmen and
crooks specializing in the sale of worth
less securities are increasing their ac-
tivities to take the funds Of unwary
investors.
Losses approximating $1,250,O00 were
suffered by customers and stockholders
of companies against which the New
York State Bureau of Securities took
action during January, 1881, according
to the regular monthly report submitted
today by Attorney General John j.
Bennett, jr.
Last month there were 16 actions re-
sulttng in show cause orders. Temper
airy or final injunctions were taken
against 48 individuals, firms or corpor-
atoms.
One Of the unfortunate phases of the
present stock fraud selling activities is
that technique is so highly developed
and changes so quick that officials only
with great difficulty are able to keep
pace with changing conditions.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-07
AWAIT TEST OF RULING.
Congressional Circles Interested in New
Decision by Exchange.

Congressional seiSmographs showed
signs of extraordinary financial tremors
when the information became generally
know that the New York Stock Ex-
change had sanctioned secondary dis
tribution of securities by its members.
Members of both Senate and House
Financial Committees awaited anXiously
the arrival of the text of the new rule.
The general feeling expressed by con-
gressional leaders was opposed to the
policy and there is small doubt that
exchange authorities will be summoned
to explain the measure ana outline the
reason for its adoption, at no distant
date.
leaders and specialists in the financial
regulations of the country was decidedly
opposed to the measure. He attributed
1t to the alleged desire of many of the
commercial banks to break into new
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-07
CREDIT SURVEY AID
URGED BY MILLER
Association Manager Sug-
geStS Business Men Assist
Government Task.
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, February 7.-Following
the announcement from Washington
that the Department of Commerce is
shortly to begin a Nationwide survey
of wholesale credit methods, in con-
junction with the National Association
of Credit Men, DR.. Stephen I. Miller,
executive manager of the association,
called upon credit executives through
out the country to cooperate fully in
making the survey success.
In letter to 145 local credit aSSocia-
tions affiliated with the national body
DR.. Miller asked that member firms
supply all information which may be
requested of them in the course of the
survey.
The practical benefits of this de-
tailed study of credit methods, prac-
tees and policies are bound to be far
reaching" DR.. Miller said.
THE survey will throw a revealing
light on such problems as the amount
of lag in past due accounts, the extent
earned discounts and the attempts of
buyers to dictate terms of sale.
"QueStionnaireS to be used in the
survey have been worked out with the
greatest care by representatives of the
Department of Commerce and the Ma
tional Association of Credit Men, They
are designed to elicit information of
practical value.
Firms contributing information will
be classified according to lines of bust
ness. When all the information gath
cred has been tabulated, we will know
the average bad debt loss in each prin-
cipal line of business, the normal lag
of past due accounts, and the extent
to which terms grabbing and other
credit evils exist in various lines of
trade.
Since intelligent credit management
Is vital to sound merchandising, it Is
particularly fortunate that we are to
have this basic inventory Of our mer-
camille credit structure at this time.
The information gathered should give
every credit manager a better approach
to his daily problems"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-02-07
HARD BATTLE SEEN
FOR FOREIGN TRADE
Other Nations Producing High
Trade Goods and Pushing
Sales With Energy.
BY JOHN H. VAN DEvENTER.

If we make products that are SUI
perior to those that can be obtained
abroad and If we merchandise them
properly in foreign countries, we can
sell them there even IN times of world
wide depression. For according to the
Bureau of Foreign and Domestic Com
merce, our machinery exports last year
were 10 per cent greater than in our
last normal year of 1928; exports OF
radio apparatus were IS per cent more
and exports of electric refrigerators
doubled.
Yet, at the same time, we must re-
member that we are not now the only
nation that it skilled in making things.
Other countries have been steadily buy
ing our production machinery and copy
ing our production methods, with the
result that our competition for world
markets in manufactured products will
steadily increase.
Japan is an example OF this. Twenty
years ago she was one of our best Gus
toners. We supplied Japan with most
of her steel. Since that time she has
built up q steel making industry of her
own that Is capable of filling most of
her own requirements. And it has been
so with large number of other prod
ucts
South America should be one of our
years. Aircraft transportation between
the two Americas, now being intenSively
developed, will bring us much closer to-
gether, which is big factor in doing
business. The time from New York to
Buenos Aires via air has been cut to
third of the number of days required
by water route. We will have an adj
vantage over Europe in this, until
transoceanic flying becomes CONNER
cially practical.
Recent political changes in South
American republics have strengthened
our trade position, the new regimes be-
ing in general more kindly disposed
toward US than the old ones. But the
projected trip of the Prince of Wales
to South America shows that we are not
going to be without formidable COMPETE
ton.
Copyright by United Business Publishers
Bureau of Economics.