davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1931-10-01
MART
IS ACTIVE

NEW YORK, Oct. /. dN.SJ
In the face Of considerable vol
ume Of hedge selling, future con.
tracts on the New York Cotton
Exchange displayed stubborn re.
sistance during the forenoon
trading today and the net de.
cline was small, offerings being
readily absorbed by trade buy.
ing.
While there was no evidence Of
bulliSh enthusiasm for cotton.
traders around the ring, and
firms on the outside were sound
ing a note Of caution over being
short of a market in which New
York spots were quoted at &c
and in which decline Of 81 q
bale had taken place in less
than a week. This caution has
grown out of the readiness with
which the trade has been alb
sorbing heavy offerings over a
narrow range, and out Of in.
creased spot sales and a firm
basis in the south. It was felt
that rally of at least a techni-
cal nature was overdue.
At midday, December sold at
500, off 6; January at SOC, off 6;
March at 6.25, off S: May at 6.43,
Oft 6, and July at 6.61, off 6.
The Washington times., 1931-10-01
3 TRADING DAYS
IN SEPTEMBER
SHOW GAIN
Averages Decline on Other
19, So Spectator Believes
Market Can't Flop Worse
BY THE SPECTATOR

NEW YORK, Oct. 1.-Out Of "a
trading days in the past Septem-
Der there were but five sessions
in which the general stock list, as
measurer by the Standard Stats
tics 80 composite stock index, was
able to record a gain.
The record in the bond market
Is even worse, for there were only
two days Of rising quotations in
all this period.
Cans Grow Worse
However, the very bleakness Of
this background probably points
to daylight in the not distant
future. With stocks down to
ievels which discount not only the
worst in earnings, but probably
everything in the way Of change
In dividends, even to complete
omission, it is hard to visualize the
market receding much further
down the line.
6ScGuI111IlS W G1Ic 4uu1COAdLC
outlook for stocks, the ability Of
the rails to hold above their for.
1mer lows is the most favorable
technical aspect Of the situation.
Some Hold High
While industrial stocks, as
measured by the generally &C.
cepted market averages are back
to approximately the levels pre-
vailing in 1924, there are a num-
her Of stocks today, allowing for
Split-ups and stock dividends,
which are still well above their
aevels of seven years back.
Current prices for Air Reduc-
&ion are equal to 1873, compared
with a low Of 81 in 1924; Amer
ican Can 456 against 100; Du-
pont sos against 139; General
Electric 454 against 800, and
General Motors 18O against 65A.
The Washington times., 1931-10-01
HANEY HITS PET.
DEPRESSION
REMEDIES
Speculation and Initiation
Curbs, Coupled With Thrift,
Only Permanent Cure, View
BY LEWIS HANEY

BY LEWIS HANEY
Director New York University. Bureau
Of Business Research.
Everybody seems to be propos-
ing a law to relieve the depres.
sion. Anyone who has a pet theory
now says, adopt my law and end
the depression"
One wants us to change the
antitrust laws. Another proposes
the sales tax. Someone else sug-
geSts a little dose of free silver"
or prescribes beer.
Watson and Hoover
Reports from Washington state
that Senator Watson wants to in.
crease the tariff remedy. and that
President Hoover is considering
the advisability of cutting out
short selling"
This is unfortunate, because it
mixes up the arguments. Some of
these proposed remedies have
merit in themselves, but none Of
them can cure a depression like
this.
There is nothing essentially new
about the present depression. We
had an overdose of initiation and
speculation and we were living be-
yond our means. The whole world
is involved.
Thrift As WatchwOrd
We should, therefore, quit spec.
ulating and be thrifty. We should
cooperate with other nations to
restore international confidence
and sound monetary systems.
After preparing for the winters
job of caring for those in distress,
our chief aim should be to fix
things so that it can never happen
again.
And the only way to do that is
to prevent initiation and booms.
But some of the proposed
remedies" do not fit in with this
idea. Take short selling" for
example.
Wrong Psychology
We are being told that bears
are all right at times, but not
now. They argue that now we
want only half a market-one in
which spectators can buy but not
sell.
This is bad psychology and will
not work well.
I think that it is much more
important to limit speculative
buying and margin purchases dur
ing bull markets. That would
keep US from climbing speculative
trees and then plunging to our
ruin.
The Washington times., 1931-10-01
CHICAGO LIVESTOCK

HICAGO. Oct. / GNSJ.
Hogs-24,OOO; 10015c high er.
Top, $40; bulk, 4.8O@5.6O; heavy,
5.1O@5.65; m e dunn. 5.20@5.70:
light, 5Q5.50; light lights, 4.85@
5.35: packing Sows, 4.40@5; pigs,
4.25@4.85; holdovers, 5000.
Cattle-6,000; steady. Calves:
5000; steady. Beef steers. good
and choice, 500; common and
medium, sos; yearlings $500
10.25. Butcher cattle, heifers, 80
$50; cows, 2.5005.50; bulls, $50
@5.75: calves, 709; feeder steers,
4@7; stocker steers. 3.75@6.75;
stocker cows and heifers, 3.50@5.
Sheep-27, 900; steady. Lambs,
6.7S@7.75; common, 4@4.50; year
lings, 4.50@5.50: feeders, 5@5.50;
ewes. 102.50.
The Washington times., 1931-10-01
Public Ownership
League R0pS Judge

LOS ANGELES, Calf, Oct. I
Q.NSJ.-The Public Ownership
League Of America, in conven-
ton here, was on record today
condemning the action of Judge
B. c. Jones, Of Lake county.
Calf, in denying naturalization
to Jacob Hullen, an advocate Of
public ownership and operation
Of utilities. The league resolution
said:
'Tf the reports Of Judge
Jones' actions are correct then
this convention requests the
Judge to resign"
The Washington times., 1931-10-01

Your rental worries room, house
OF apartment, can be solved today
through the Rental Columns Of the
Classified section. -.
The Washington times., 1931-10-01

II Zonite Prdts a.. 6x 8
IN stock; d, scrip: SOx-dividsnd; tsx.rightA
Dividend rate IN dollars in parsnthessA
Years hiRh carried UF0viOu0 elO0A
Dividend aYmboIO-& extra: b. GIvtdsna stoek 81 3
Imperial Valley press., 1931-03-04
Fashion Notes

Roll your sleeves and you will be
quite style-right. But see that they
have that carefree air.
Imperial Valley press., 1931-03-04
NeU Patterns
In Yardage

Inspection of yardage always holds
the promise of delightful things to
be created from the dozens OF pat
terms and materials spread out to
tempt the shopper. This spring s
wealth of new and startling mate
rials is particularly fascinating.
Daring floral patterns, gay plaids
and intriguing stripes are a new
development. These new designs
are to be obtairI.d in all materials
and to suit any pocketbook.
Indestructable voiles are among
the most attractive of the season IS
offerings. They provide the clever
needlewoman with an excellent
foundation upon which to build cos
tunes for the spring and summer.
New crepes in all the delightful
new shades and combinations are
suitable for the more formal type
of gown.
For the sports dress vagabond
crepes are especially good. They
come in brilliant color and in gay
designs.
When purchased by the clever
woman, yardage proves to be the
solution of difficult financial prob
lens.
Imperial Valley press., 1931-03-04
Beach Pajamas
Wardrobe Need

Fifty per cent of the beach pa
iamas sold in 1881 never will see a
body Of water larger than fish
pond but since the country has gone
"pajama mad these astonishing
garments are made up III every
known color and color combination,
and in every material yet devised
Some beach pajamas have jack
cts and some have not. All the
trousers flair, some sweepingly and
some not so much so. AT any rate,
they are smart TO the last degree
and are worn by fashion leaders
everywhere.
A spring and summer wardrobe
without at least one set of beach
pajamas is remiss. There is no ex-
cuse for omitting beach pajamas as
they are reasonably priced.
FloWered silks with large and bold
designs, wide spaced conventional
designs, plain with floral trimming
are among this spring s contribu-
tionS.
The colors in vogue are honey dew,
caress blue, pearl shell and rose
dew.
Imperial Valley press., 1931-03-04
Dinner Gowns

Sunday night dinner gowns are
most decidedly in the mode for the
more formal occasions this spring
and summer, and there is no type
Of dress more flattering to femin-
unity.
Swirlng flounces of exquisite lace,
clinging sheaths OF cleaning satins,
trailing panels of sheer georgettes
and chlffons all contribute beautiful
models to this department of styles
for spring and summer.
These gowns transform the ath-
letic, modern woman into fragile
appearing ladies OF the long ago,
investing her supple fitness with
the charming appeal of other gen.
erations.
Candlelighted dining rooms de-
mand that milady live up to the
glamorous settings. Sunday night
dinner gowns accomplish this in a
most pleasing and complete man
ner.
ANY color suitable to the complex
ion Of the wearer are available.
Imperial Valley press., 1931-03-04

employment. That situation has
been explained SO many times in
the past months that every think
ing woman knows Just how it re-
acts.
Madame doesn't buy. Salespeoplc
are dismissed Manufacturers or
ders are curtailed Garment work
erS are thrown out of work and so
so and on down the line until it
actually comes back to Madame's
own income being affected.
But spring has brought a new
promise of prosperity. We are
starting out with new conditions
that indicate better things for all.
So when it is such a pleasant duty
as the one of dressing well, what
woman with the slightest pride in
her appearance, will not be only
too willing to do her part?
Opportunity and Test
The ease with which she may
crafty her desires for pretty clothes
this year will be both an oppor-
tunity and a test TO every woman
An opportunity because the low
Imperial Valley press., 1931-03-04
Features Rule
Hat Designs

In selecting a hat this season
women have an opportunity OF
dealing kindly with their features
since brims and BOWS are featured
Wide brimmed hats apparently hold
first place in flickle fashions favor
Wide brimmed hats have an al
lure all their own and have met
with instant popularity wherever
shown. They come in horsehair and
in many straWs and braids.
Soft straws permit the hat to be
moulded to the head as smartness
demands. Even the large hats have
the underbrim trim. a bow or 4
scattering Of flowers. Pastels are
the ruling shades here.
If the tiny cap-like models, worn
jauntily toward the back Of the
head give q woman a piquant,
youthful appearance which is so de-
sirable. she may wear them as much
as she likes for they are also adopt
ed in so many materials and are
of so many different types that
she could choose q dozen if She
liked and have them all different
and distinctive!
But one thing she must realize
she isn't through when she has Sc
lected her hat by no means. For
fearing the new hats is the greatest
art of all and it takes experiment.
ing before her own mirror to find
just the right angle at which to
perch the new hat over the rio,it
eye, just the proper area of the
forehead to display. Just the right
amount of coiffure to peep out
from under the line Of the hat
whether it is the small hat or the
one with brim tucked up at side
or back.
When fashion authorities them
selves disagree as to whether it is
sufficient to be pretty or if it is
more important to be smart. the
individual is left in a quandry as TO
which to choose. One says moth
ing considered merely pretty and
becoming is approved Of at all
Another says be pretty in the new
hats
We agree with both, but we know
it is possible to be both pretty and
smartly modern with such an III
finite variety OF styles, materials
Imperial Valley press., 1931-03-04

II ever women needed excuses for
dressing well. they undoubtedly
have them this year. from the
standpoint of economy and from
the even more admirable one of
helping humanity. Take it first
from the view of economy Never
before has apparel of every kind
been available at the low prices you
will find now.
A glance at the advertising of
any newspaper will convince the
most Skeptical of that. The most
exclusive shops, shops that have al
ways maintained fixed prices tor
certain items, now advertise sou
thing like this, For the first time
in our history we are offering at a
new lowered price" And this Is
only one example OF the many con-
vincing proofs of a new economy.
Women March To Duty
In the interest of humanity. it
simply becomes q duty to buy new
clothes. Every woman who can af-
ford TO buy a new garment and
still decides to wear her old ere
IS helping to keep people out OF
Imperial Valley press., 1931-03-04
no The New Mode In All Its Glory . =.
Economical Time to Buy

prices will permit her to buy more
than she has felt it possible to buy
before, a test because SO many
beautiful things are within her
reach that she will be tempted to
buy indiscriminately just because
things appeal to her, rather than
because they are the things she
needs to build up perfect ward
robe. If she indulges without care
ful consideration, she will be failing
in true economy, economy to her
self.
Fiction is full of instances in
which the heroine dasheS off to buy
new hat just because she feels
depressed and knows that a new
hat will revive her spirits. But in
real life the smart woman buys
nothing on pure impulse. She
plans her wardrobe Just as careful
ly as q good business man plans q
business campaign. 1t is not with
unrelated hats and dresses. etc, but
with complete ensemble OF shoes
hats, dresses, coats, gloves and
scarfs to be worn at the proper
places and occasions.
Imperial Valley press., 1931-03-04
Chic Styles In
Women'S Shoes

Every spring there is color that
is new and outstanding and this
year is no exception. Sea Sand
biege is the new color and it is 60
ing TO be outstanding in every line
of high grade, fashionable foot
wear. Putty biege ana Almara kid
are the colors used for trimming.
These colors are being made in
dress shoes of all types, especially
opera pumps.
Two tone shoes III black and
white, tan and white and biege and
Almora are especially good.
Opera pumps are the leaders IN
style patterns. Some are Of plain
feathers. Others are trimmed with
wing tips, perforated vamps and
fancy foxingS.
Straps are second in the scale
of favor with ties and T-strap san
dals. third and fourth.
The medium French heel is pre-
ferred on a majority of dress shoes
with the new boulevard heel Sec
ond.
On sports shoes the heels are
Cuban and Boulevard with few
flat heel types.
Spectator sports shoes have al
leather soles and covered heels fol
light airy shoes. The others are
rubber soles and leather heels with
rubber taps. Crepe Soles are pass
ing.
Imperial Valley press., 1931-03-04
Costume Jewelry
Is Good Form

Costume jeWelry may be said to
provide the high lights for the well
dressed woman today and this
strictly modern fad is accepted as
good form and is in excellent taste
everywhere.
Formerly only jewelry of great
value was in good taste but recently
costume Jewelry became the correct
aSonment as long as It harmonizes
with the costume with which it Is
worn. That Of course is the reason
for its origin.
Jewelry ensembles are among the
most popular features OF spring and
summer decorations. Necklaces.
bracelets, earrings and rings TO
match provide intriguing splashes
OF brilliant color for dresses and
suits for any occasion.
The season s popular black and
white is carried out in costume jew
elry as Il is III other articles of
dress and decoration. Glittering
black and white crystals are gor-
geous when combined appropriately
and the matched earrings and
bracelets are the ultimate of charm.
Ear drops in brightly eolored glass
and others in clear crystal are
among the attractive spring offer
ings
Fitted ehokers are very popular
and are to be had in dazzling COM
binations as well as the more con-
servative plain ones.
Comb clips, constructed to hold
the hair off the ear. are a new
spring offering. They are very
convenient and are jeweled elabo-
rately for evening or in a palmer
style for daytime wear.
Crystal beads in varied length
strands maintain their place in pop
ular favor.
A spring or summer costume with
out a piece or two of costume Jew
elry is not definitely in the mode.
Imperial Valley press., 1931-03-04

Patent leather shines as q high
light for spring. But it has changed
its black winter coat for one of
pastel blue. Pinks, blues, yellows
and green's vie with each other in
the new narrow belts, and corre-
spond with the latest Partisan pat
ent leather bags.
Imperial Valley press., 1931-03-04

and trimmings as We are shown in
millinery this year. We only say
be very careful not to overdo the
prettiness.' 1t is such a temptation
TO see only the soft flattery the
hat gives TO the face, without get
ting up to view the entire effect in
full length mirror.
Imperial Valley press., 1931-03-04

The sweater is with us again al
ter a whole year S absence. But II
was worth waiting for, since it has
returned in many new and interest
ing variations.
Imperial Valley press., 1931-03-04

Berets with stars or berets with
flowers; which will you have? Both
are smart. with their gay embroid-
cred crowns.
Imperial Valley press., 1931-03-04

That there is nothing new under
the sun is proven by the return OF
the "wrap-around' skirt, now being
featured as a high spot of fashion
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-10-25
Il Plain Statement From Walter S. Clifford,
the Presidents Director Of Unemployment
Relief on HozO to Get Through Fall and
Winter Without 7ax Increases for a
Federal Subsidy to the .Tobless.

going, but only in where they have BEEN"
One Of Mr.. Giffords first acts after assum-
ing his new Office was to announce the appoint
ment of owen D. Young as chairman of the
Committee on Mobilization of Relief Resources.
That is generally known the Fund Raising
Committee, but Mr.. Clifford has been careful
to point out that his organization is not going
to engage in the raising of any general relief
fund.
It is not national fund but Nationwide
drive for local funds to be spent in the COM
munities where they are raised that he has in
mind. The function of the Young Committee
is to stimulate and assist local organizations
and communities in local drives for contribu-
tions, whether from private resources or local
treasures.
Mr.. Clifford is firmly welded to the theory
that relief must be financed and administered
locally as far as possible. Every town or city
should endeavor to meet its own problems, he
says. If the municipality cannot handle the
situation then the county should aid, and If
the county resources are inadequate then the
State government should step in.
If State resources are not suffcient-well.
that is the bridge he will cross when he
comes to 1t.
THE organization he heads Is active contln-
ually in making suggestions to how
individuals well local communities can
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-10-25

assist the jobless. One Of the favorite prescrip-
lions is for each householder to survey his
property and make list of the improvements
which could be made to enhance its value or
convenience.
To stimulate the imagination of the property
owners, VoluminouS list Of specific suggestions
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-10-25

TO the jobless- dole, in one form or another,
as it has been christened by those who oppose it.
American business leaders, realizing that they
and their industries would have to bear the
brunt of additional taxation which would be
necessary II the dole system should be eStab-
lished, have taken the lead in opposing any
legislation which might be the opening wedge
for that dreaded expedient
So President Hoover has called in one of
the biggest of the leaders of big business-Mr.
Clifford IS president of the American Telephone
and Telegraph Co.-and said, in effect:
Nov, Mr. Clifford, let see you and your
big business colleagues make the dole unneces-
eary."
Doubtless the President never used the words
Just quoted, but that is the significance of his
action.
Mr.. Clifford is the director of THE PreSi-
dents Organization on Unemployment Relief"
to give it its official title. He is surrounded
by an advisory committee, the membership Of
which reads like a directory of American
millionaireS.
Included are the presidents and other off,
eials Of the Nations biggest industries: Owen
d. Young of General Electric, Walter Teagle
Of Standard Oil, Daniel Willard OF the Ball
timore &c Ohio Railroad and Pierre du Pont,
to mention only few.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-10-25

ALTER S. CLIFFORD, President
Hoover's new generalissimo OF
unemployment relief, is direct
ing the administrations last
determined stand against de-
A. 60 ~xS.a1A
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-10-25


= mittee suggests that two important quail
ifcations may have determined their Sc
lection:
/. Ability to raise funds with which to al
leviate the immediate suffering caused by wide
spread unemployment
2. Influence which may be utilized to induce
large industrial organizations to minimize I'M
employment as much as possible through such
devices as staggered or guaranteed employment,
avoidance of wage cuts wherever possible and
similar methods.
Whether or not the Advisory Committee was
chosen on the above basis, its members GER
tainly possess the qualifications mentioned.
While Mr.. Clifford is laboring under the ever
present shadow of a Federal dole system he
is not wasting any time discussing the merits
or dement's of that proposal In fact, he Spe-
officially refuses to discuss it.
Wen cross that bridge when we come to
it," is the answer he gave washington CORE
SpondentS the day he took Office, in response to
questions as to his attitude on direct Federal
relief.
Pending the possible necessity for a decision
about crossing that bridge, Mr.. Clifford thinks
the problem of unemployment relief and event.
ual restoration of prosperity can be solved if
every citizen will pitch in during the coming
Winter and do everything possible to relieve
such cases of distress may come to the in
dividual citizens attention.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-10-25
A Ar. CLIFFORD refuses to encourage any idea
WI that some modern economic messiah ia

going to arise and solve the depression and
unemployment problems overnight.
In this depression he says, some folks OF
intelligence. but little faith, have been calling
for immediate remedies, for strong leaders to
make everything all right ct once for every
Continued on TenIh Page
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-10-25

1 IE has patience with those who can do
] ! nothing but criticize public officials for
alleged failure to bring forth adequate
remedies. To illustrate this point, Mr.. Clifford
tells the story of wartime official who
stormed into an associates office damming
every one connected with the conduct of the war
and ending with an announcement that ne
going to resign. The associate sat back
and asked:
Whose war is this you are going to resign
FROM"
THAT is a pertinent question now" Mr.
Clifford says. Whose depression is this?" IT,
has been said. fundamental cause of it is
greed, who are they that didn't add their part?
This is a democracy of blame as we'll rs
opportunity. We were all in it-happer
financier, newspaper man and manufacturers
laborers and politicians. It is true that its evil
effects have been pretty widely distributed, new
erthelesS.
Fixing the blame is the occupation of the
people who have lost their nerve. Finding the
causes and planning the future is the part for
the constructive minded people,
Mr.. Clifford has his own distinctive name
FOR that rather considerable element in his
own financial strata who advocate a deflation
of wages and living standards bring back
1.-The good old times
"They of the Order of the wufus Birds"
he says. "As you know these interesting birds
ny backward to keep the wind out of their
eyes and they are not interested in where they