davidaulloa/AmericanStories huggingface dataset:
The Waterbury Democrat., 1931-12-09

the thing which makes them all comparable, though the dollar foot-rule may be shorter than the pound yard stick or longer than the franc inch measure.
 The "Reserve''
 "The reason why gold coins are is because of the fact that they are cumbersome and weighty than paper money. Instead 1t is de- posted in the vaults of the great central banks, such as the Fed eral Reserve Bank in this coun- try, the Bank of England in Lon- don and the Bank of France in Paris and also in government treasuries. Under the control of these great banks, 1t serves as a gold reserve for outstanding cir- culating notes. This gold reserved. in the vaults, supported by the banking laws of the different coun- tries establishes the gold standard.
 '.As l. have already stated, the price of all gold is fixed by gov- ernmental decree and is bought and sold in quantities at a fixed price for any and all uses, for instance, bullion for, the manufacturing trade, bullion for reserves or ex- port. as well as coins for circula- ton. Of course, the volume of cir- cuIating currency is as a rule much larger than the actual amount of gold, dollar for dollar. as the gold reserve required by law to be maintained is at certain minimum proportion or percentage considerably less than the currency in circulation. Tn this country, we are required to maintain Q per- centage of 40 per cent in gold against circulating currency out. standing. At the present time, we have about $4,500,000,000 in gold reserve to support approximately $5,300,000,000 in circulation. AS you will observe in these figures the American dollar Is on very sound basis.
 U. S. Has Large Supply
 "In the world today we have about $11,000.000,000 worth of gold for monetary purposes which is held mainly in the vaults of central reserve banks. The United States alone has about $4,600,o00,-
The Waterbury Democrat., 1931-12-09

900, or A per cent of the total, and France has about 20 per cent, giving these two nations together about two-thirds of the worlds monetary gold supply.
 How did the United States and France acquire so much gold! The answer is that these two coun- tries because of international trade and other business transactions have created balances in their favor greatly in excess of the amounts due to other countries Credits in this sense represents commercial trade balances in favor of these countries which are noth- ing more or less than excess of ex- ports over imports. It also repre-. sents the return on war debts, net returns on foreign loans, etc. Deb- it's or amounts due to other coun- tries would include unfavorable trade balances, short and long term loans granted to this coun-- try, tourist expenditures abroad and various other items. When 9 country finds that the balance of trade is running against 1t and the exchange rates are unfavorable, 1t Is placed in a position where 1t Is CACdRO6 " SAAAP 6VA0 4u 0ObSA1AASAAs of the unfavorable balance and when this condition continues for a period of years, 1t is quite possi- ble for the treasury of the debtor country to become depleted of its gold reserves.
 Why London Dropped It
 "Take, for instance. the recent suspension of gold payments by England; this was due to the fact that London was losing too much gold, caused by the decline of her export trade combined with a weakening of confidence and other internal influences and misunder- standings. When England an- nounced the suspension of gold payments, 1t went temporarily off the gold standard. The real sig nificance of the suspnsion or abandonment of the gold standard lies largely in prices. When the currency of any country cannot be exchanged for gold, it loses value and prices rise in terms of the de- preciated currency. By this mean that you are forced to use more Of the depreciated currency in ex- change for gold currency such as the dollar. Another example is that 8 thousand pounds will buy less goods in England or in the worlds markets now than before suspension of the gold standard, but . thousand dollars will buy
The Waterbury Democrat., 1931-12-09
Some Rare Chinese Prints
Loaned By Prof Margaret Clancy to Connecticut
 College

An interesting and beautiful col- lection of Chinese prints, loaned by Prof Margafet Chaney, chairman of the department of Home Eco nomic's ct Connecticut College, is on display in the Palmer Memorial library at the college.
 The group of about 50 prints in the library is part of larger Chaney's sister In China. It con- tains many rare and valuable prints, several of which were made by past emperors of China, as well as many modern ones.
The Waterbury Democrat., 1931-12-09

Al HE 0uukSco AOAASWos
 "In addressing you on the sub feet of the gold standard, am go- .1ng to make an effort to simpiiIy The matter as much as possible. TO @fl1e gold material itself, which is metal, a commodity just like other scommodities and 1t has value for two main reasons. First. It IS f,sed in the manufacturing trades for the making of jewelry such as watches, chains, rings, ornaments, etc.. and is also used to Q limited sextent in the crafts, such as den- .tistry. Second. It is the momen.. sfary base for the currency of most of the civilized nations. only about one-half of the gold pro- sduced is employed for monetary purposes, the remainder being used otherwise. When you realize that gold is nothing more or less than q metal similar to copper or brass, there is not much mystery about it. though there are 0 number or fancifui and conflicting theories concerning its uses, movements and meaning.
 Why Gold Is Used
 "The reasons why gold is used ns the material upon which to base money are that 1t Is scarce, but not too scarce, durable, compact; easy to handle and easy to ship, and che production and supply are fair ly stabie.' It also possesses @ background of thousands of years in which it has been regarded as an article of treasure. Any other metal or commodity having all tIfese qualities would make quite .as good a material for money.
 "The price of all gold Is fixed be- cause governments buy and sell the metal for all purposes at the same price, thus stabilizing the market. The stable price is, therefore, the product of arbitrary exercise Of political power well supported by popular approval. A dollar in the United States is nothing more or less than the equivalent of weight of gold 25.S grains of S-l0 fineness. Whereas a pound sterl- ing represents a larger weight Of gold, 113 grains pure; other mon- etary units of other nations con- sist of other measures of gold, so that gold is the base of them all,
The Waterbury Democrat., 1931-12-09
STATE DEPT OF
 MOTOR VEHICLES
Making Effort to Regulate the Conduct of People
 Who Drive Cars
BIG LIST OF OFFENDERS

A list of operators whose licenses to drive automobiles in Connecti- cut have been suspended for one year because of a conviction for driving while under the influence of liquor was given out to-day at the State Motor Vehicle department as Ia part of the effort to reduce this highway menace. The department statement advised people to notify the department or the police in case they should see any of these drivers operating motor vehicles.
 Bradgeport-Hans AbrOlat, 69 Bennett street; Paul AgOsti, 32 Su- burban avenue; Albert Desrochers,
The Waterbury Democrat., 1931-12-09

said. Here's my badge" thing either," snapped the lady.
 Giassford gave up. He went to the lieutenant in charge at head quarters for sympathy.
 'sCan't you get me a big badge like yours?" he pleaded. 'The lady thought I wanted to sell this one. I don't want to go through anything like that again."
The Waterbury Democrat., 1931-12-09
Banker Explains
 Functioning; Sees
 Prosperity At Hand
'Nwanians Hear Financial Expert as He Unfods < Monetary System in U. S.-Claims Unmistake- K able Signs on Horizon That Depression Is Lifting
 M and Better Times Ahead

thorough explanation of the gold standard given in address at the meeting Kwans Club the Elton this by John Bulger vee-pdnt of the Citizens and Manufactures Bank speaking the topic: Gold Standard h asked fol confidence and courage concluded by saying Co therefore into the highways byways and preach optimism and confidence the ability yourself and your fellow to contribute to the i'm that now appears the commercial industrial and nan scial horizon"
 r..
The Waterbury Democrat., 1931-12-09

SOUTH AMERICAN SUFFRAGE
 Suffrage leaders of Santiago, Chile, are campaigning to secure equal rights for women of all South American countries. There are suffrage organizations in all the principal countries of South America.
The Waterbury Democrat., 1931-12-09
FULL WEATHER REPORT

Washington, Dec 9.-(UP)-Fore- cast for Wednesday and Thursday:
 Maine. New Hampshire and Yer slowly rising temperature.
 Rhode Island: Rain tonight and Thursday, slowly rising tempera- ture.
 Massachusetts and Connecticut: Rain or snow: not quite so cold to- night; Thursday rain. rising tenn perature.
The Waterbury Democrat., 1931-12-09
Joseph Carlo.
 in Auto Mishap
His Car Hit Two Women
 in New Haven

A private taxi operated by Jo- seph Carlo, 29, of 67 Burton street was involved in an accident in New Haven yesterday in which two wo- men suffered lacerations about the head, face and body. They were treated at the New Haven hospital. They gave their names as Mrs Irene Wilcox, 25, and Mrs Lara Going, 21, both of Clinton.
 Carlo in making a left hand turn from Orange street into George street collided with the car in which the injured women were riding. Carlo was arrested and re- leased under bonds of $500. He faces the charges of reckless drtv- ing and failure to have his regis tration card in his possession.
The Waterbury Democrat., 1931-12-09

Csechoslovalxia is slashing gov- ernment expenditures.
The Waterbury Democrat., 1931-12-09

windsor Locks-Henry schin- nelly.
 Torrington or Clayton, Mass Harry Curtiss, North Elm street,
 Hartford or Albany, N Y.-Wm. O'Brien, 1 Inlay street,
The Waterbury Democrat., 1931-12-09
BULGER DISCUSSES GOLD STANDARD SYSTEM
Award Wright
 $192.64 Damages
New York HOrse-ShOw Omfitter Wins Suit Against
 Frederick HoIcOmb of WatertOwn

agent and that the defendant actu- ally received the benefit of it. The plaintiff apparently found himself entangled in quarrels not his own"
The Waterbury Democrat., 1931-12-09
DON'T QUOTE
 ME
1BY UNITED PRESS)

Washington, December 9 - (UP) - Whimsical parents of small children sometimes are known to cure bumped heads by chastising the chair or table against which a tiny head was bumped. The state department does much the same thing when diplomats bump their heads.
 For many years there was an uncomfortable leather couch with a sharp p-edged wooden rail around the back = Considerable of an atrocity in the ante-room of Secretary of state Stimson's office. The rail was set just right 50 that if a person sat down upon the couch careless1y at all, the head would get bumped.
 The couch had worked out on sundry heads of no importance, until one day Sir Esme Howard, then British ambassador, came in. He sat down unusually hard and received a resounding thunp on his cranium. Sir Esme rubbed his head.
 Sir Esme remained silent on the subject but an employe of the Brit ish embassy reported 1t to someone in the State Department. The couch was condemned to a dark corner of the state department basement. Later 1t was paroled and now does duty in the State Department press room, where far less distinguished heads get bumped upon 1t. But never again can 1t work out on Knight of the Garter.
 Brigadier-General Pelham Davis Glassford, U. s. A., retired, Wash ington's new police chief, is feel. ing more at home now than he did three weeks ago when he entered office. His first big job, caring for the hunger marchers. is over Quiet- ly. He has had enough congratu- lations on his handling of the marchers to offset an embarrassing moment of his first few days here.
 Glassford was walking along Q downtown street when he saw a limousine blocking traffic. He leaned down into a rear window and said to a dowager who was sitting in the car writing note:
 Madame, you can't park here"
 "Oh, can't IT" she answered.
 Really, you cannot" said Glass; ford.
 "And who are your" asked the
 Pm the chief of police" said Glassford.
 'Ha! Hal" said the lady.
 Glassford suppressed 8 tendency to shuffle his feet and stammer.
 Honest, I am, madame" he
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-04-17
DISCUSSES RESULTS
OF TUBERCULIN TEST
DR.. Murphy Indicates Probable
Extent Of Infection Among
Capital Students.

Speaking wednesday evening 1t The
meeting Of the Medical Society Of the
District Of Columbia In its assembly room,
at Ills NJ street, DR.. Joseph A. Murphy.
chief medical examiner Tor TIRE public
schools, indicated the probable extent
OF tuberculosis infection among the en-
tire public school population Of WASH
1ngton, based on comparison with re-
cent examinations of 81 600 school chill
6ren in Massachusetts,.
DR.. Murphy said that while no such
extensive research had ever been made
IN the schools Of this city, In which
the children were all given the tubercu-
lin test and all showing positive reac-
ton were then studied by X-ray and
physical examinations, comparison Of
the results in the Massachusetts, test
for the 10000 public school pupils here
would indicate the probable existence
OF cases as follows:
Twenty-Five adult type, 1900 child
hood type, 2,700 suspicious and "a. 400
who would react to tuberculin test.
This probability Is based on the fact
that in the Massachusetts, demonstra-
ton 20 per cent reacted to tuberculin
is per cent had the childhood type Of
tuberculosis, "a per cent classed as sls-
picious and one adult type Of the dis
ease was found in each 5000 children
examined
DR.. William H. Hough, president Of
the Medical Society, who presided at
the meeting, called attention to the
early diagnosis campaign now in prog
reSs and urged all members TO give
their fullest cooperation.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-04-17
LIFE At COLLEGES
IND|CATEDBY MEDIC
Undermining Student Health
| Charged---Doctor Asks
Steps to Remedy Tile.
~ the Associated press.

~ the Associated Press.
CLEVELAND, April 17.-Moderii col
lege life was charged today with under
mining the health of students and send
ing out rundown men and women TO
do the pioneering work Of the world.
The Indictment was made by Or. Lee
II. Ferguson, director of the Student
Health Service at Western Reserve Uni
versity and chairman of the Committee
on tuberculosis Of the National Confer
!ence on College Hygiene, which viii re-
port to the conference at Syracuse next
month.
DR.. Ferguson based his assertion on
work ut Western Reserve, where stu
dents have been given regular physical
examinations, and reports from other
Institutions Of higher learning.
Asks Aid for Students
He called upon university authorities
to take steps to remedy o situation
which is undermining student health.
Some of the best students, overburdened
by increasingly difflcult curricula. have
had to drop out because of poor health.
Facilities for recreation. DR.. Ferguson
said. are not what they should be. Stu
dents should have thorough physical ex-
aminationS.
Modern college life is taking ter
rife toll among students" he said. 1T
Is affecting particularly the most val
liable students, most of whom are liv-
ing contrary to all rules of health.
There Is very little known why this
toll is so great, whether educational au-
thoritieS have been heaping up curri-
cula until the load has become more
than the average student can stand, or
whether social life in the college has
been overemphaSi2ed until the students
reach q breaking point
Colleges should be sending out pio-
neerS, vigorous types OF young men and
women to do the pioneering work Of the
world, rather than types which are run.
down before they can get started.
college social life has made an At
tempt to duplicate night club life Of
New York. Social affairs are carried
over to breakfast time.
II that sort of thing is unhealthy
and unwholeSonne, colleges, instead OF
catering TO it, should set standard to
correct It."
Lists Unhealthy Habits
He listed several habits detrimental
to student health-lack Of sleep. over
work, overfatigue, poor food. poor living
conditions, neglect OF ordinary upper
respiratory infections and nervous
strain.
There can be no doubt but what all
OF these and many others contribute
their share in breaking down the vitaIi-
ty Of our students and bringing them
to point where they are easily Suscep.
j. tible 10 tuberculosis" Dr.. Ferguson
added.
DR.. Ferguson has taken about ESQ
X-ray photographs OF students lungs
at Western Reserve 10 detect tubercu.
lo6is. He estimated that about 3 10 3
per cent OF the students entering school
have tnfiltrating tuberculous lesiorb.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-04-17
SECURITIES FIGHT WON
q; BY MRS. RAY H. ARNOLD
Court Orders D. c. Man TO Transfer
Half of Shares of Delaware
Corporation to Her.
b. the Associated Press.

By the Associated Press.
NEW YORK, April 1o.-Ray H. Ar
mold OF New York. Washington and Los
Angeles today was ordered to turn
over 70 his wife one-half of his share
in Income Properties Corporation OF
Delaware, firm organized and practi-
cally owned and controlled by him. He
was given is days to relinquish the
share
Mrs. Arnold sought the court order
under California law after the corpora.
ton had taken over S2.S82 85S worth Of
Los Angeles real estate belonging TO
Arnold. A divorce suit of the Arnolds
IS pending In New York Supreme Court.
Mrs. Arnolds attorneys said today
that the court ruling gave her control
OF the Delaware Corporation since she
previously owned several common shares
An appeal would postpone the trans
fer
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-04-17

but no extra cost. And clean, gum.
free motor. Try it today.
Tide Water Oil Sales Corporation =.
ONCE and plant Royal and Wythe SITS, Alexandria,
Telephone Alex 2464 Washington telephone Met. 015S.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-04-17

CUM is q black, brutal thief Of power.
CUM upsets performance. Pulls down
efficiency. Raises operating costs. Clips
miles off your speed.
Many serious motor troubles can be
traced to gummy gasolines.
And you may find them anywhere to.
day hastily or improperly refined.
But Hi.test TYDOL is 99H%s5% gum.free.
Super-re6ned for purity by the most
modern equipment. Clarified and puri-
fed i'm enormous new stills and towers
costing millions of dollars.
Packed with speed and power. Balanced
for the long pull or the traffic light dash.
Super-performance and anti-knock %.
The Waterbury Democrat., 1931-06-03
THE ATWATER KENT
 RADIO ADDITION

Announcement is made of the Att water Kent Fifth National Radio addition, to be sponsored again this year by the Mattatuck Musical Art society. The foundation has appoint ed Frederick F. Harmon local chair man.
 The contest is open to young men and women between the ages of IS and 25, the winners to enter the state addition. the successful con- testants finally representing their state in the district auditor.
 The awards are: Winners of first place Gone boy and one girD, $5,00O each and two years tuition in an American conservatory. Winners of second place, $3,000 each and one years tuition. Winners of third place, $2,000 each and one years tuition. Winners of fourth place, S1,500 each and one years tuition. Winners of fifth place, $1,O00 each and one years tuition. The local addition will be held in Waterbury in September. Applications and fur ther detailed information may be obtained from F. F. Harmon, AT Ludlow street.
The Waterbury Democrat., 1931-06-03
AWARD PRIZES T0-NIGHT|
THE INDUSTRIAL
 FOREMEN'S CLUB
Made Up of 442 Represen- tatives of } Plants in
 Waterbury
LIST OF OFFICERS

An analysis of the membership of the Industrial Foremen's club dur ing the past year discloses a total membership of 442 foremen and ex- ecutives for 32 plants. The leading plants according to members are: Ill; American Brass company, 104; Scovill, "A; Waterbury Clock com- pany, 26; Seth Thomas Clock Co, |23; Oakville Pin company, IT.; Bristol company, IS.
 Other companies represented in the membership are: Farrel Foun- dry, Beardsley and Wolcott, Patent Button company, Steele and Johnson, Shoe Hardware company, Autoyre company, American Mills company, L. c. White company, American Ring company, A. c. Campbell com pany, Henderson Bros, Seymour Smith and Sons, International Silver company, Logan Pattern Works, Parisian Optical company, General Manufacturing, Waterbury Iron Works, and the Connecticut Light and Power company.
 Twelve hundred and seventy-one men attended the seven meetings held during the past nine months. Speakers were Robbins B. Stoeckel, w. Graham Cole, Thomas c. Shee- han, E. E. Armstrong, William A.. Bennett, Harry Myers, and F. J. Shaw. The largest attendance turn ed out to hear Dr Myers, TO fore men and executives sitting down to dinner in the big "" gym, April g..
 The club officers for the coming year are: President, Walter s. Berry; vice-president, J. A. Harry Peterson; secretary, treasurer, Arthur H. Purinton
The Waterbury Democrat., 1931-06-03

Every dress is worth far more than this low price, and the
 assortment of styles, materials and colors presents a most com plete collection to choose from in preparing your summer wardrobe.
The Waterbury Democrat., 1931-06-03
THRILL KILLER READY TO TAKE
 HIS MEDICINE
Son of Wealthy Family Captured After Six Years for Murder, Admits He Did the Deed

Mineola, N. r., June 3.-(UP)- Tired of being the object Of world wide hunt, Philip Knox Knapp, con- fessed thrill slayer" of Long Island taxicab driver and son or wealthy Syracuse, N. Y., family, Waa in jail here to-day only short dis tance from the scene of the crime ready to take my medicine.
 Knapp. a. former Cornell student, army deserter and object of SIX wear manhunt which took detectives into many foreign lands, was brought here by airplane yesterday atter ms capture in West Orange, N. J., where he had been living in a small ounga- low with his second wife as Allen Kingsbury Phillips.
 Freely admitting the staying on July 2. 1925 of Louis Panella, whose body was found buried two days later under slabs of concrete on Hempstead Plains, L. l., Knapp, Tor more than three hours last night, dictated an account of the murder and of his subsequent movements.
 "I don't know why I did it-un- less it was for the thrill" he said.
 He told police he had hired Panella to drive him from Mitchei Field, where he had enlisted in the air service, and vase examining a revolver which he had stolen when 1t exploded.
 II don't know whether was just handling it or whether l pointed 1t, he said.
 He then described how he sold the taxi after stopping at service sta- ton and a house to get water to waeh the blood from his hands and the car and his flight to Albany and then to Watertown, Mass, where he married Miss Eleanor Hill, divorcee and daughter of a. Watertown school superintendent under an assumed name. He then came to New York where he enlisted in the coast guard at the Staten Island base.
 He said he had previously married Miss Fannie Taub in Baltimore in 1925, but deserted her after few days.
 Knapp was traced through his ffngerprints. Inspector Harold R. King received letter from coast