davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-10-10

not only eliminated all the surplus, but
began to make inroadS on future reve-
nueS.
The present budget will show an over
draft of $50, 900, 900, while another $80,-
100000 will be lost to revenue by the
application of the Hoover debt holiday.
Legislation already enacted represents
additional appropriations Of some $780,
100000. So that when Parliament meets
toward the end of october its first care
will be to consider how to raise $780,
100000 more than last year.
Elections Make Solutions Harder.
The solution Of the problem is self
evidel5: Either increase taxation or re-
ducc expenditures, or do both. In nor
NAL times any of these methods might
present no insuperable difficulties, but
these are not normal times, in that par
liamentary elections take place next
May, and on the mood OF the electorate
some seven months hence will depend
both the reelection Of legislators and
the life of the cabinet.
That electorate has been told repeat
eoly In recent years that the limit of
taxation has been reached. Simultane-
ously, it has been promised such bene-
fits as increased pensions, more bonuses
tons, additional imposts or suppression
OF benefits must prove highly unpopular
measures.
Moreover, Deputies will be discussing
the budget a few weeks before they face
their electors, in consequence of the vote
obtained by Andre Tardieu, when he was
premier, whereby the financial year was
made to begin on April instead of
January /, as heretofore. It is admitted
generally that In these conditions the
temptation will be very great on the
part of the legislators to consider the
budget chiefly in its relation to the
elections rather than to the strict well
fare of the country.
However that may be, the fact re-
mains that $3.50, 900 900 has to be found.
There is another solution-infiation--
but that is pregnant with dangers not
the least Of which would be the loss Of
that gold which has been proving such
valuable instrument of policy.
(Copyright, 1917
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-10-10

NEW YORK, October 10.-The Bank
Of France has met Thursdays action of
the Federal Reserve Bank Of New York
by raising its own rediscount rate from
2 to az per cent. This places 1t at a
parity with the money quotation which
controls the American market and Is a
recognition by French bankers that
they, like bankers in this country, have
been redisccunting at Zoo low a rate in
comparison with their neighbors.
This week the bank of France state
ment showed an increase in gold of
over $1e,000,000 bringing the total
holdings to $2,332 200, 900. Another in
crease will occur next week from gold
that has already left this country for
Paris. It is not thought the change in
the rate here or in France will have any
immediate effect on the gold movement.
Other Advances Forecast.
Following the policy Of the New York
Federal Reserve Bank, it is expected
that rediscount rates will be advanced
gradually in all of the Federal Reserve
districts of the country. Boston is now
the cheapest market with a rate of 2
per cent, which will probably be raised
to the equivalent of or above the New
York rate. Adjustments are likely to
take place within the next few days in
the ~ per cent rates now quoted in
Cleveland, Chicago, ST. Louis and San
Francisco. Chicago is likely to act on
its rate this afternoon. The Federal
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-10-10
FARM MORATORIUM
IS HELD UNLIKELY
Strengthening of Land Banks
Declared Purpose of
Hoover Plan.
BY the Associated Press.

BY the Associated Press.
The administration apparently does
not propose moratorium on the
farm mortgage debt of the country, as
urged in some quarters.
such at least Is the Interpretation
generally put upon that part of Presi-
cent Hooyer's relief plan which sug-
gesteo strengthening OF the Federal
Land Banks to accommodate further
the farmer.
The recommendation, as construed
mere, is to permit banks which are
already carrying" a large number of
farmers, because of the current de-
llnquency on interest payments, to con-
tinue TO function and to meet the in
terest on the Federal Land Bank bonds
outstanding.
For several years prices of farm com
modities have been at such an unsat-
isfactorily low level it has been increas-
lngly dimeult for farmers to meet their
interest payments. Consequently more
delinquency interest payments than
normally have accrued in all farm
mortgage lending agencies.
PRESIDENT Hoover, however, justified
MS recommendation on additional
grounds. When the Federal Land
Banks were created provision was made
Tor the organization of IL institutions,
a SCA Ldhl IdLlO DSLWeen
the capital stock and bonds outstand-
ing, Therefore, Congress voted $3.50, 600
STOCK subscriptions to each bank. This
was to be repaid gradually out of the
regular stock subscriptions to the
banks. In the meantime the banks
sold other stock to farm loan asso-
cations. which are corporations char
tered by the Federal Farm Loan Blu
reau OF the Treasury.
The
investment of about $4,000 900 in stock
OF the land banks. This has all been
paid back except about one-half of /
per cent, or about 100000 worth of
stock now held by the Treasury. The
National Farm Loan Associations.
which are owned by farmer borrowers,
hold about S66,000, 900 of the stock in
the IL land banks.
Thus the administration finds a
precedent for suggesting that the Gov
eminent invest in some stock in these
banks, so they may more easily weather
the economic storm.
On one other occasion the Federal
Government has stepped in and aided
these institutions. This was during the
World War, when it bought a large
number Of the banks bonds to main
tain a market for them, and possibly
TO Keep them on the market at the time
OF the Liberty loan issues.
The banks have large commitments
outstanding in the form Of their own
bonds. Upon these they must continue
to pay interest. as always. It is said
here that President Hooyer's proposal
does not contemplate an easing of in
the demand by the banks that farm
ers pay their installments and live up
TO their commitments: it is more Of an
effort on his part. it is said. to rec
ommend action whereby the system
will be permitted to function on o
sound basis.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-10-10
DEFICIT IN FRENCH
BUDGET FORECAST
Effect of Poincare'S Thrift
Campaigns Lessened by
Public BountieS.
Special Cable tU TIE Star.

PARIS, October 10-What does
France intend to do with all her gold?
Will she continue to play the part of
banker to the world? Or may she not
have sore need of it herself? These
questions are being asked today as it
becomes more and more evident that
the next French budget will not
balance
Gold, it has been proved in recent
months, is a very powerful instrument
of policy. The fact that ne was in a
position to dictate to his poorer neigh
bors produced for some time in the
mind of the average Frenchman a
feeling of elation. "See," he said in
effect, what it is to be industrious
and thrifty. Go and do likewise"
Economists meanwhile pointed out
that gold-or its equivalent-is the final
dictator nowadays. When. holders OF
money have confidence all goes well.
When they lose confidence cabinets fall,
monarchs interrupt their vacations,
mobs manifest in the streets.
So that both the average man and
the economists agree that a balanced
budget Is the first requisite of any coun-
try. There is nothing new in this, but
the upheavals of the last decades have
led to the rediscovery Of elementary
truths And it is coming home to the
French, as they revert to serious matters
after the Summer vacations, that the
coming budget will show a deficit Of
some $3.50, O00, 900 when the preliminary
figures are laid before Parliament.
Raids Sweep Away Surplus.
AS the incarnation of French industry
and thrift, Raymond Poincare not only
saved the franc the imitation OF 1925.
but he initiated the policy OF accumulat-
ing gold that has resulted In placing
France for the moment in the forefront
of nations. Poincare's prestige was such
that, despite his outward display Of
deferential respect for the parliament
tary regime, he was virtually dictator
for several years. The mereSt hint that
he might resign alarmed the country,
which brought pressure to bear on its
elected representatives and compelled
them to vote as Poincare desired. A
heavy burden of taxation was accepted
without undue recrimination and econ
omy became the watchward both ma
tionally and individually.
Then Raymond Poincare, broken in
health, had to leave office. His sue
cessors, lacking his prestige, were pow
erless to apply his policy and raids be-
gan on the public funds. Bonuses to
former soldiers, schemes of social in.
surance, increases in pensions and sal
aries, help to deficitory railroads and
similar expenditures, together with
slackening trade, caused by heavy taxes,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-10-10
NEW BOND OFFERINGS
. IN NOTABLE INCREASE
Special Dispatch to The Star.

CHICAGO. October 10.-Active mu.
nicipsl and railroad financing provided
the impetus for n noticeable increase In
new security offerings for September.
ss compared with the low levels of Au-
gust, according 70 the monthly review
o. iAgtsnes Stern A. Co., investment
bankers,
"MgpieiBsl bonds" the review states.
gained 81 per cent over August and
reached 8 Total 81 $4,000, 600: while
railroad financing expanded consider
ably above recent months, principally
because Of single 50,0oo,000 issue.
Another lsfgs offering in the public
utility ileid also helped to raise this
classification well above the total OF the
previous month.
Otherwise" the review continues.
there were few exceptions to the pre-
vailing lack of confidence in the Sc.
curity field, with distribution practically
at q standstili."
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-10-10
GOTHAM PLANS WELCOME
FOR FRENCH PREMIER
Laval to Be Escorted Up Broadway
to City Hall-Stimson to Greet
Visitor at Battery.

BY the Associated Press.
NEW YORK, october 10-The city
has completed plans for the reception
to Premier Laval CT France.
Maj. william F. Deegan, chairman Of
the Mayors Committee, announced to-
day that the French premier, who is
due to arrive October %, will be met at
quarantine and escorted to the Battery,
where Secretary of State Stimson will
greet him personally in behalf of the
United States. Maj. John Lord will
represent President Hoover
A parade of Army, Navy, Marine and
police attachments will escort him to
City Hall, for q welcome by Mayor
Walker.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-10-10
Baltimore Markets
Special Dispatch to The Star.

Special Dispatch to The Star.
BALTIMORE, Md, october 10
Potatoes, 100 pounds. 75a1.1o; sweet
potatoes, bushel, 35a50; beans, bushel,
75a1.25: cababge. bushel, 40a60; car
rots. per 100, 250a3.50; beets, per 100,
1.50a250; lettuce. per crate. 25a3.5o;
Caulifiower, crate. 75a2.00; celery,
crate, 1.75a275: lima beans. hamper,
60a1.75; okra, bushel, 1.5oa2o0; pep
pers. hamper, 25a35; onions, per 100
pounds. 1.75a200; spinach, bushel, 50a
IS; tomatoes, hamper, 25al 90; Gamers
stock, bushel, 50a65; apples, bushel, 40a
1.25; cantaloupes, crate, 75a1.75.
Dairy Market.
Chickens-Young, 20a23; -LeghornS,
18a20; old hens, 18a24; LeghornS, la
16; roosters. 12a14; ducks, 12a20;
pigeons. pair, 15a20; guinea fowls, pair,
25a50.
Eggs-Receipts, 23s cases: current
receipts, 18a24; hennery. whites, 3oa
80: nearby flrsts, 20: Western firsts, 26.
Butter-Good and fancy creamery,
32a37; ladies, 20a22; process, 23a24;
store packed, 15a16.
Seventeen parties are represented in
the Parliament of Czechoslovakia.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-10-10
CHRYsLER EXPORTS GAIN.

NEW YORK. october l0.-The
Chryslcr Corporation reported exports
OF passenger automobiles built by
Chrysler increased from 1853 per cent
10 1913 per cent Of the unit exports
of the automobile industry. exclusive
OF Ford. during the first eight months
this year, as compared with the like
period of last year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-10-10
New York Cotton

Special Dispatch to The Star.
NEW YORK. October 10.-The i'm
provement recorded in the cotton mar
ket in the past two days became more
pronounced today. After easing off a
few points following the opening, prices
moved upward 81 bale under steady
accumulation of contracts by trade and
speculative interests and the list
closed around the top 10 to is points
higher than Friday. The volume of
trading was again unusually heavy.
Spots were advanced is points to SOS.
Gotten range:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-10-10
CHICAGO STOCK MARKET

BY the Associated Press.
CHICAGO, october lo.-Following is
the complete oficial list Of transactions
in stocks on the Chicago Stock Ex-
change today.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-10-10

OF 65.507 vehicles counted in 70
hours at Hyde Park corner in q recent
traflc census in London, 1908 were
horsedrawn.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-10-10

French India Is some 200 square miles
in area.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-10-10
BONDS

Il 900 Chic nv Cts S. 1927 20 20 "a
81 600 Chic City Ry IS 1927 IS IS IS
Stock Fales today, $4,000 shares.
bond sales today, $4,000.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-10-10

Dividend rat:7 in dollar: based last s.man
PAYABLE in cash stock In stock Adlstm.r
dividend Plus 81 in stock Plus Plus IL in
stock jPlus AZ in stock. Plus In
stock Plus So IN year-no regular
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-10-10

Seventeen parties are represented in
the Parliament of Czechoslovakia.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-10-10
BONDS.

copyright, 1881, Standard Statistics Coz
The Waterbury Democrat., 1931-04-30
OBITUARY

GASSER-Florent Gasser. Sr. of a32 North Main street, died this morning at St Mary's hospital. He was born in Alsace Lorraine on July s1. 1S44 and came to this country to make his home 40 years ago. For the past 25 years he has lived in Waterbury coming from Torrington. He was a veteran of the French war of 1871.
 MT Gasser is survived by his son, Florent Gaseer Jr; one grandson and me granddaughter. The funeral will be held Saturday morning at s:9O o'clock from his home to St Cecilia's church at 9 o'clock. Burial will be in new St Joseph's cemetery.
 PROPONENTS Catherine C. Bee ion. widow of Patrick Becton died early this afternoon at her home 36 Holmes avenue. She was a native or Goshen, Conn, and was the daugn- ter of William and Johanna Hen messy Buckley. Mrs Becton came to this city 70 years ago and has made her home here since that time. She was very well known and high ly respected.
 Mrs Becton leaves on daughter, Julia and one granddaughter, Mrs Edith (Becton) Uhrbrock, daughter of Mrs Frank Becton of New York and the late Frank Becton; and sev- eral nieces and nephews in this city.
 Funeral arrangements will be an- nounced later.
The Waterbury Democrat., 1931-04-30
Sunday Service
 at Mt Olive Church
Call Issued to All Members
 to Be in Attendance

The most important meeting in the history of the church, according to the pastor, Rev A. A. Crooke, is to be held Sunday morning after the regular services in the Mount Olive A. M. E. Zion church. Rev MT Crooke urges every church mem Der to attend the meeting because of the business of vital importance to be discussed.
 The pastor will preach at the ser vices starting at II o'clock on the subject, "Christ's Second Coming Its Significance to Christianity" Af- ter these services are concluded the special meeting will be held with the pastor presiding. Rev MT Crooke will preach again at the evening services to be held in the church at 8 o'clock.
 The cast of 40 young people talk ing part in the From Thumb We'd ding" are rehearsins diligently for the plays presentation on May 7th under the direction of Mrs A. A. Crooke, wife of the pastor.
The Waterbury Democrat., 1931-04-30
FUNERALS

The funeral services for Andrew Peresada of Watertown avenue are to be held tomorrow afternoon at 2 o'clock at the Deliniks & Sons funeral home, IF Congress avenue and burial will be in Pine Grove cemetery.
 The funeral of Mrs Thomas Pres ton, sister of Rev William J. Me- Gurk. pastor of the Immaculate Conception church, is to be held tomorrow morning at 9:30 o'clock from her home, 22 North Beacon street, Hartford, to St Joseph's cath edral where solemn high mass of requiem will be celebrated at 10 o'clock. Burial will be in Hartford.
 The funeral of Mrs Giovannina Perrella was held this morning at 10 o'clock from her home. 55 South street to Our Lady of Lourdes church where mass of requiem was celebrated at 10:45 o'clock. Burial was in Calvary cemetery. The pallbearers were Antonio Sivelletti, Frank Pazio, John Russo, John Fiscopo, Joseph Stasio and Michael Belangio.
 The funeral of Eustacchio Racano is to be held tomorrow morning at 7:15 o'clock from his home, 26 Sey- mour street to Our Lady of Mount Carmel church at 8 o'clock. Burial will be in Calvary cemetery. Funeral services for Wesley Fay Tor were held at 3 o'clock this after noon at the home of his daughter, Mrs Vibert Richardson, 36 Whit tlesey avenue, Rev Richard Hegarty officiating. Burial was in old Pine Grove cemetery.
 The funeral services for Miss Sally Benson were held at l o'clock this afternoon at her home, 29 Catherine avenue, Rev Richard He garty officiating. Burial was in Pine Grove cemetery.
 Funeral services for Mrs Fred erick F. Feest were held this after noon at 2 o'clock at her home, 50 Bishop street and at 2:30 o'clock at | St Johns church, Rev Arthur r. McKenny officiating. Burial was in new Pine Grove cemetery.
 l The funeral of Carmine Quarttro- cchio was held this morning at 9:15 o'clock from his home, 190 Abbott avenue to Our Lady of Lourdes church, where solemn requiem mass was celebrated at 10 o'clock. Burial was in Calvary cemetery. The honorary bearers, members of Log gia Italia, No. SC. Sons of Italy. were M. Solomita. J. Berardi, +. Cretella. A. Antonacci l.. Lerz and N. Spag- niolo. The active bearers were Ralph Penta, Joseph Bruno, Frank Defeo, Joseph Petroccione, Philip Tfso and Angelo Gam 5ino.
 The funeral of Alonzo Senior. who died Tuesday night in Hamilton. E l., is to be held tomorrow morning ia Hamilton with burial in Wood'
 bury cemetery tomorrow afternoon
 Mir Senior leaves one sister. Mrs Anna F.. Benham and one brother
 Albert Senior; also several niece
 and nephews in Waterbury.
The Waterbury Democrat., 1931-04-30

Last Saturday Mrs Mary Maiorano, 45, widow of Robert Maiorano of b65 Sylvan avenue was named as plain- tiff in a $5O,000 civil suit filed in superior court against the Hotchkiss Brothers company of Torrington Mrs Maiorano will not appear to testify or to demonstrate the per- manency of her injuries. She died last evening at St Mary's hospital. A formal report of her death has been filed with Coroner John T.. Monzani and an official investigation is underway. The deceased, accord ing to the allegations outlined in the formal charges, suffered lacerations of the brain, paralysis of the left side of the face, right arm and leg.
 Mrs Maiorano was injured on March gard. She was seated in an automobile on South Main street, Naugatuck, when a car owned by the Hotchkiss Brothers company crash ed into it. The car was awaiting the Ego" turn of traffic light when the accident occurred.
 Attorneys Edward Mascolo and James Mcknight filed a $5O,O00 suit against the defending company last
The Waterbury Democrat., 1931-04-30
ScOvill Rod and
 Gun Club Dance
Will Take Place Tonight
 at DOOlittle Alley Hall

The Scovil1 Rod and Gun club has arranged a fine entertainment pro- gram to be presented at its novelty dance in Doolittle alley hall on Hamilton avenue tonight. Headed by Timmie Crowe's Colonial orches- tra the program is spotted with Wa terbury's leading amateur talent. Danny Barrett will be seen and heard in song and dance selections and Charles Connors will give vocal selections.
 The orchestra will furnish special ty violin and banjo acts. Russell Hickman will be master of cere- monies and intersperse his fntroduc- tions with witty remarks. The com mittee in charge of arrangements Is composed of Cyril Mellette, chair man. William Strokalitis. Frank Shanahan, Otto Bush and Edward Meafski. The hal lhas been com pletely renovated and redecorated to permit larger space for the so- cial activities of the club.
The Waterbury Democrat., 1931-04-30
f ~

Alleged to have appropriated to his own use $3.925.6S of the com pany's money, Frank Mcdonald of Waterbury is named defendant in q. $5,O0O damage suit filed to-day ih the office of the local superior court, by the Colonial Sand x Gravel Co of Waterbury. The suit was original ly brought by the company in the New Haven superior court but on motion of defendants counsel. At torney Herman J. Weisman, the case was ordered transferred to the Wat erbury court.
 The complaint states the plain tiff company conducts a contracting business and merchandises in sand and gravel. The defendant was em- ployed as clerk and paymaster and was allowed as such to collect money owed to the company and to pay out money owed by the com pany, the suit alleges.
 Between January of 1880 and August 21, 1880 the defendant is alleged to have received certain sums of money from the plaintiff for paying bills and debts of the plaintiff, but instead. appropriated. used, converted to his own use and embedded all of said sums. The
The Waterbury Democrat., 1931-04-30
Defendant Loses In Effort To End
 Present Dispute
Evidence Resumed After McNff Announces Decision Case Expected to End This Afternoon With Judge Reserving His Decision

tions and good names were dam aged by their arrests last Dec 26th. They alieGe that the defendant had them arrested through malicious motives. The two youths testified yesterday they accepted a ride in the car of the defendant upon invitation of her son. Mrs Paradise is alleged to have had warrants for the arrest of the trio on charges of taking d motor vehicle without permission. They were bound over to superior court but when arriagned in the high court were given nolles.
 Attorney Morris L. Robin repre- sents the plaintiff.
The Waterbury Democrat., 1931-04-30
JUDGE DENIES NON-SUIT IN FALSE ARREST
Auto Accidents
 Result In Suits
Five Civil Actions Start in Common Peas-$lz,5OO
 Damages Sought

Injuries sustained in automobile mishaps form the basis for five civil actions started yesterday in the com- mon pleas court in which damages of $12,5OO are asked. Dr A. F.. OLeary seeks $2,500 against san ford's overlook Farm of Watertown for injuries he suffered when his car was hit by the defendants truck on February 13 on Grove street.
 Victor Fogelstrom of Watertown asks $1. 900 for personal injuries and damages to his car in suit against Ann Kukson, also of Watertown. He charges that he stopped his car at motor car patrolman' signal on Wa tertown avenue. October 17th when the defendants car crashed into him.
 Anthony Ostaszoski of Watertown asks $5,OOO and Toffet Zanowski of Seymour seeks $2,500 from Michael Ostaszoski of Seymour as a result of collision on the Hudson Boulevard,
The Waterbury Democrat., 1931-04-30
Time to Talk
 of Street Paving Part of Washington Street Badly in Need of Re-
 pairs

Motorists are hoping that the city will not forget to finish the paving program outlined last year. which includes work on Washington street between Sylvan avenue and Hamilton avenue. It was intended to do thls job last season, but owing to the long delay in constructing the sewer be- tween these points, it was found too late to take hold of the project. hence the reason why it is in it's present ctory condition, full or bumps which cause much annoyance to people who drive over 1t.
 The street paving done in that part of the city last year stands up good and with the part left unfinished there would be an excel lent driveway from Hamilton avenue across Washington street to South Main street and thence all over the city and to any part of the state.