davidaulloa/AmericanStories huggingface dataset:
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1931-10-20
Notes on Certain Cotton, Wooden,
and Worsted Companies

other stockholders who include the richest FAM
lilies in New England and New York. The COM
pany paid dividends continuously for 81 years
excepting only 1882 and 1883. In 1912 it de-
clared stock dividend of 200 per cent following
which it paid regular and extra dividends which
ran as follows (multiply these per cents by three
and you see at what rate the stockholders who
shared the stock dividend melon. we're being
paid: 1913, per cent 1914. per cent; 1915,
per cent: 1915, per cent; 1917 9 per cent-in
addition that year to stock dividend of 25 per
cent; 1913 20 per cent 1919. II per cent;
1920, II per cent; 1921, IL per cent; 1922, u
per cent--in- addition to 100 per cent stock
dividend; 1923, per cent; 1924, 6 per cent
1925, 3 ga per cent.
In more recent years it has paid no dividends
but in every year since 1925 it has made an oper-
ating profit and in three years substantial net
profit. the latest being in 1929 when net profit
was $lO31 900 after all interest and other charges
which included large payments to banks and
capitalists In 1929 and 1880 the company was
able to pay off s13OoO,OoO of 51a per cent notes,
the last of its funded debt, so that it has
notes payable today,
The company's depreciation reserve is about 45
per cent of the gross plant account which is car
lied at the inflated figure of $48 458 900. These
uSpTeCldJlOH dllOWduCeS are COllSlQereu lllO1e
than excessive by conservative financial observ-
ers. For example it set aside $1,459,ooo for de-
probation alone in 1890 A leading specialist in
analyzing textile stocks for investors considered
the company better off at the end of 1880
than it had been for five years before, income
losses notwithstanding"
Pacific has over $l8OO0OO in cash on hand
Its last financial statement June, 1881, shows
current assets OF $17628,40l as against current
liabilities of S1,104,008 leaving higher net
working capital than it had five years ago 1t
also has surplus in its treasury amounting to
$2,565 292.
AS result of these facts the companys heav-
lily watered stock, nearly 100000 900 of which is
outstanding, is still regarded as a good buy
for the "long pull" by the advisors to stock
spectators. These spectators are naturally
supporting the bankers in their decision to cut
wages another 10 per cent.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1931-10-20
A Bold Man. And a Bad One

Haywood Broun must have taken an extra
quart the other day and decided to move yio-
lently to the cleft" of Norman Thomas, who is
going in strong for reforming capitalism with
not even whisper of some possible difference
between the working class and the capitalist
class
Broun rejects such policies and in a little
election sheet, called the West Side Socialist
News" breathes alcoholic reputation to the line
OF his fellow socialist" candidate saying: I'VE
cannot and should not give our full enthusiasm
to reformist movements"
Then throwing the dead soldier at the bar
tender, he blurts out:
Speaking for myself, am wholly devoted to
the doctrine of revolution"
No doubt some medtative hiccoughs made
him pause. Even with that speaking for my
SELF freeing the socialist" party from such
extremist" policy, still it looked bad, that word
revolution" standing there in cold type SO
the addition
"I am not speaking of machine guns or barri-
cades. I am, before all else, pacifist But
I am thoroughly in sympathy with the belief
that weapons such as general strike may very
properly be employed in conjunction with the
use of the ballot to reshape national aspira-
lions and needs"
Unlrnm. If general strike ever is called to
'reshape national aspirations it MIGHT be all
right. But, even in such case these is still the
question-it MAY or MAY NOT be PROPER"
And who can say that 1t is proper" if all
fright thinking" people, such as the editor of
the Scripps- Howard papers, declare it entirely
improper" Alas, no one since mere workers
don't count.
But still, we must at least try to get their
votes. Hence, let the socialist" Norman
Thomas accept the endorsement of the Citizens
Union and get the capitalist votes. have an
other role to play than crawling under the bed
in lewd Bowery farce, so I take the bit Tor
the bottle) in my teeth and roar defiance:
II intend to answer none of the missionaries
sent out by organizations such as the Citizens
Union. They mean very we'll But we are play
ing on opposite sides of the street.
So new cleft wing appears in. the supposed
Socialist" party
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1931-10-20
BY Labor Research Association.

ARLINGTON MILLS, manufacturers of worsted
IA textiles, has been a source Of rich profits TO
the capitalists who control it, including william
Whitman Co. of Boston. From 1877 to 1902 it
paid dividends on common stock Of at least
per cent per annum. From 1903 to 1912 the
returns rose to per cent annually. In the
years following the rates ran as follows-6 2,
A. 81. 7. l6, 8la, 9, so, g. 8, 9. 13 per cent.
BIT there we're also stock dividends-one of
SO 1-3 per cent in 1905 and one of so per cent
in 1920
In 1923 the net profit of the company's opera
tons was about 25 per cent on the capital stock
of $12000000. In more recent years it has made
operating profits, but after charging off for
heavy reserves it has not paid dividends since
July 1927. Its current assets are now about
four times its current liabilities.
Pacific Mills ranks after Anoskeag Mfg. Co.
and American Woolen Co. as the largest textile
manufacturing concern in the United States and
one of the largest in the world
At capacity operation it runs about 100000
spindles. $4,000 looms 81 printing machines, and
95 bleaching kers. It is primarily a cotton pro-
ducing concern, worsteds making up possibly
per cent of its product
Mills are located at Lawrence Mass, Colombia
and Lyman, s. c.. and Dover, N. H. About 40
per cent of the spinning and weaving is done
in It's South Carolina mills. about 30 per cent
at Lawrence and the remainder at Dover. N. H.
About 80 per cent of its finishing operations are
carried on at Lawrence; the remainder at Ly-
man, S. G.
When working all its plants at capacity the
company employs over 10000 workers.
Boston fnanciers control the company. four
of the board of directors-R. Foster. P. Stockton,
Hpfrcy- the
First Nat oaal-Old Colony Trust Co, the most
powerful banking merger in New England while
T. L. Hgginson represents the banking house
of Lee, Higginson g. Co.. and F. S. Webster rep
resents Stone and Webster. All Of these men are
directors of nationally known corporations while
another director, A. Lyman is also director
of the American Telephone and Telegraph Co.
The company has been a rich source OF in
come for the bankers who control it and the
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1931-10-20
Rl4:..<
Leading the Masses


The cops couldn't find solitary Communist
in the whole crowd to arrest, beat UP or appeal
to make EN- stop. The battle ragged back and
forth. with Sheridan twenty miles away" and
sound asleep
But the workers storned round the cops until
ten sergeant in charge, in desperation, sent q
message to Garcia" in the form of big bull
to Section headquarters, where, we understand
something like the following took placs:
"Heyi lot of workers are blockfn' traYYc at
9Th st. an Ave. A."
"Y-a-h9 You don't sayl How many2"
Streets packed with 'em, I'll say. Amt YOU
fellows goin' to parade or somethin'7"
We WERE. From there to Rutgers Square.
But the police refused to permit it, SO we called
IL OH. We're only going to speak at the Square,
not parade. Maybe they didn't read our second
announcement. We can't march without per-
NIT, y'know"
"Uh-huh. I know. An we bin tellin' them
workers that the parade wuz forbidden. But
they won't go 'way-wont take our word for it.
Volta you fellows goin' tdo?"
Dunno. Volta you suggest?"
Well You fellows have 'paraded before this
without a permit, amt yuh?"
Gosh! We never thought-a' that. Wen be
right overl"
Which is why hugely successful election
march from 9th st. and Ave. A to Rutgers
Square was held recently under Leadership" OF
Section l, District 2, CPU.SA.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1931-10-20

All unknown to thousands of revolutionary
workers, there exists in this country small
group of renegades from Communism who fol-
low the counter revolutionary Trotsky--in fact
two groups of them since one group expelled the
other And since these birds have been indus
triously reading this column in an attempt to
make capital out of our crocodile. let's see
whether they feature this little bouquet in their
next exposure:
The Trotskists in Minneapolis are pretending
to copy the Party's new methods of work as re-.
CARDS individual approach" and worked out the
following formula in parody of it:
l. A committee of two is elected TO look UP a
desirable element
2. Select Hot Mamma with lots of at" and
an IS A." unblemshed with any 'sB. O." Only
the face need be innocent.
3. Arrange that the Hot Mamma makes
contact" with the desirable element"
4. The committee lays down the tactics, which
may vary within the Hot Mamma strategy. The
Hot Mamma demands that the desirable ele-
ment" teach her to swim Chat she knows how
already has nothing to do with the case) Or,
since workers are little interested in the sad
fate Of Trotsky, who is perpetual yon the point
of death but who never actually expires and
doctors are much easier to recruit, the Hot
Mamma suddenly develops painful disorder a
little below the equator and calls in the de
sirable" medico. tr
S. After month or so of theological prep
aration" when the Hot Mamma reports that
the prospect understands the movement" in all
its phases the Committee goes into huddle and
decides that the hour is struck to sign up the
desirable element"
True, the way is long and risky to these per
manent revolutionists" and personal sacrifice Is
demanded, even more from the desirable ele-
ment" than from the sef-abnegating Hot Mann
ma. But the world proletariat must be saved
from the appalling dangers Of "centrsts" So
play both ends against the middle.
Socialism-but not for men:--That ought to
be the slogan of the election program Of Ben
Janlin Daubln socialist" candidate for Judge
of the Supreme Court Of New York in the Sec
ond Judicial District. He said mo" to the ques-
ton of whether or not he approved women serv-
ing on juries on the same terms as men, OF
course, on second thought. the socialists" are
against socialism for men. tool
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-19

tons win have something Of the same
effect In eliminating waste and inefi-
cheney.
ChiId's Needs Put First.
Consideration Of the child's needs
is first in every normal family. Privacy,
sunlight. fresh air and play space are
conceded 10 be the normal, healthy
environment for the young. Far from
being able to supply these, the apart
nent builders tendency Is toward
smaller and more efiicient units, while
the single-family home provides them
in the nature Of things. Child welfare
specialists are busy designing special
rooms suited to the needs Of the child,
in accordance with psychological
studies. There In little room for these
children's 1uxuries in the modern efi-
cheney apartment. II Is easy to see how
such improvements could be included
in the normal cost OF q one-family
house.
THE one-family house always carries
with it desire for actual ownership
OF the home. Sentiment grows IN
around the front porch and the ward
and the nursery. Financing is necessary
in most cases for ownership. and the
financing facilities of building and
loan associations are almost liniver-
sally available. None Of the cost Of old
time mortgage renewals is incurred in
financing home ownership under the
building and loan amortization plan. .
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-19
the

producing commercial property, the
board states.
The bin passed by the Georgia Senate,
in addition to the classification pro-
vision, also would fix q minimum rate
OF five mills on shares OF stocks, bonds,
notes, money and other intanRibles.
Gov. Russell, who urges the passage Of
a classification bill, says It would not
only distribute the burden more eQuita-
bly,, but make possible . reduction in the
ad valorem rate.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-19
HOMES DOMINATE
BUILDING PERMITS
1865, 900 Cost in Projects of
Week, Including $4,000
Apartment.
CONTINUED From First Page.)


2-story brick addition, 1888 o street;
to cost $500.
Edward Lingle, owner: Sears, Roe
buck & Co., designers and builders; to
erect one History brick and frame
dwelling, $500 Carolina place; to cost
$1,000.
Fred Blankenship, owner, designer
and builder: to erect one 2-story brick
and frame dwelling, 36l2 Alabama ave-
nue. southeast; to cost $500.
John c. Paige, owner, designer and
builder; to erect one 1-story frame
dwelling, 5523 Grant street northeast;
to cost $4,000.
Charles w. and Alma &. Peters, own
erS; Charles E. Dillon, designer; Robey
Bros, builders; to erect one 2-story
frame dwelling, 4403 Albemarle street;
to cost $4,000.
District Construction Co., owners and
builders; to erect f1ve metal private
garages, 5311 to 1919 Third street; to
cost $1,000.
B. F. Edwards, owner; George T.
Santmyers, architect; Martin McIner-
ney, builder; to erect one 1-story brick
store, 1909 Rhode Island avenue north
east; to cost $2,5O0.
Terminal Refrigerating 81 Warehous-
ing Corporation, owners; Schneider
Spliedt Co., builders; to make repairs,
Four-and-a-half and D streets south
west; to cost 81 900.
Mrs. Bessie L. Brennan, owner; q. N.
Bell designer; Meitzler & Mckay, build
ers; to erect one 2-story brick addition,
1882 Thirteenth street; to cost $1,400.
Raymond Pagliochini, owner; Paul s.
Lubienski, Inc, builders; to erect brick
garage, 1927 Alabama avenue southeast;
to cost $1,000.
ers: r. p. Witty Co., Inc, builders; to
erect four rooms on roof, Fifteenth and
F streets; to cost 81 500.
Salvatore Stasulli, owner; Norris
Walls, builder; to make repairs, 1887
Benning road northeast; to cost $1,000.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-19
Trading of Realty
Without Cash Still
Big U. S. Activity
Oldest Business Method
of Barter and Swap
Prevails Today.

The worlds Oldest business method,
trading by exchanging, value for value,
still is very much a part of the real
estate business, the National ASSocia-
ton of Real Estate Boards points out
in a current release.
Although it is no longer possible to
buy land with string OF beads, as
was done when this continent was first
settled, land can be bought with land,
suburban cottages with commercial sites.
Real estate properties can be traded
In good times and bad, the Association
declares. and this phase Of realty ac-
tivity caused Exchange Departments 10
maintain real estate offices In many
cities last year.
widows left with homesteads too cost
" TO keep under their widowhood. II
unable to sell Immediately, trade their
homes for dependable rental income
properties. Builders take over houses
and give vacant property in return,
people move from one section to an
other on a realty trade; and houses,
lots, and commercial structures are
handed back and forth constantly in
profitable exchanges.
The State of Ohio once obtained the
Governors Mansion by trading vacant
lots for it, the association states Some
times trades are "three-way" ones. A
rear admiral had two lots in New York
City. There were no buyers for the
lots. which were expensive to carry. A
business man had modern house which
he wished to sell but there was no mar
ket at the time for the house. A coal
operator had a block Of IL houses: he
wanted the modern house owned by the
second man but did not want to pay
cash for 1t.
of the investment block, cut off the
taxes and loss of interest he was sus-
tanning on his vacant lots, and received
q steady income until his death. The
coal operator became the owner Of the
house, and the owner of the house took
the vacant lots, on which he built an
other residence.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-19
4 BURNED IN BOAT FIRE
Gasoline Blast and Blaze Destroys
Speed Vessel.

WESTERLY, r. T., September 10
R.-Four youths suffered slight burns
late yesterday when fire destroyed the
l6-foot speedboat Gigolo. owned by
Bradford Shfnkle of st. Louis, Mo-, at
the Watch Hill Yacht Club dock.
The injured, all Of whom were in the
boat, included Jack Shinkse, IA, son Of
the owner.
The FIRE followed a gasoline explosion
caused, apparently, by spark from the
starting motor. The boat was valued at
1000.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-19

In q month the number of idle steam
ers in Japan's ports has dropped from
523 to 27l.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-19
'ONE-FA M|LY HOME
. STILL LEADS FIELD
Study of Trends in Building
Leads to Report Future
Will See Increase.
CONTINUED From First Page,

rents. and there are many other like
disadvantages to be overcome.
The attention of the United States
Department OF Commerce to improving
building codes in cities has already
made it easier for a family to live under
its private roof, as proved by a lower
percentage Of apartment dwellers in
cities which have adopted the prelim-
mary recommendations of the depart
ment. Cities using these regulations
provided for only 35 per cent OF their
newly housed families in apartments In
1928. This compares with 53.78 per
cent, the average percentage in ass
cities OF families provided for by new
apartment buildings in the same wear.
Supervision Of construction now being
generally practiced in one form or an
other by building and loan associa-
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-19
Construction Shows Gain.

Despite q total August contract loss
of 50 per cent over August. 1880, F. w.
Dodge Corporation reports that
Of - districts. in the 81 States east of
the Rockies showed construction con-
tracts larger than in that month a
year ago. Upstate New York, the Gen.
trail Northwest district. the New Or
leans territory and the State of Texas
all showed advances over August, 1880.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-19
REALTY BOOKLETS OUT
Two More Pamphlets, on Policy
and Design, to Be Mailed.

Two more subjects will be outlined in
pamphlets sent out this week to menu
berS of the National Association Of Real
Estate Boards who are receiving special
business aiding bulletins as q new serv-
ice this year.
A paper entitled "Real Estate Broker
age Policies That Are Making Money
This Year" prepared by seven men from
various parts of the country, will be re-
celved by members Of the brokers d.
vision and an illustrated study entitled
1.-THE Need for Subdivision Design" is
for the homebuilders' and subdividers'
division
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-19
Payne Will Speak.

STAFF Capt. Gilbert Payne Of the
Volunteers Of America will speak on
Hope" at the weekly religious service
at their relief mission, All Pennsyl-
vania avenue, tomorrow at 3 o'clock.
Capt. Payne Is in charge Of the relief
station. Lieut.. Col. Frank H. wise,
regional commander Of the Volunteers,
will preside.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-19
GEORGIA LEGISLATURE
FAvoRS TAX REFORM
Bill May Result in Spreading
Realty I.evies More
Fairly,

Both houses Of the Georgia Legisla-
ture have passed bill which NAV re-
suit in the classification of land in that
state Tor tax purposes, thus spreading
levleS more fairly, according TO the Ma
uonal Association of Real Estate Boards
The Dill provides that a constitutional
amendment making such classification
possible be submitted to voters.
When realty is net classified as to i'm
provement and use, then vacant land
pays taxes on the same basis as income
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-19
D. C. BOARD INCREASES
Membership Of Realtors Shows Rise
Despite Withdrawals.

The Washington Real Estate Board
membership has increased since last Oc-
tober IN spite of the Withdrawals Of
brokers and statesmen who have left the
real estate field in the same time, the
Natlonal Association Of Real Estate
SoAruS mas informed real estate men
throughout the country BY means of it,
news letter.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-19

From bowlers to top hats is the lat
est move Of fashion in Paris. The high
hats are Of velvet, those in white being
the favorites. On the side is small
bird made Of real feathers. One white
toppar had q green parrot, and the
wearer sported another parrot, two
inches lcng, on her white gown in place
of the customary flower or brooch.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-19

tons win have something Of the same
effect in eliminating waste and inefi-
cheney.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-09-19
URGES PROFITS SHARING

Bishop Edgar Blake Aolos Jopiesa
Care Up to Industry.
LOUISVILLE, KY, September 10 t),
Bishop Edgar Blake, indianapolis,
advocated profit-sharing in industry in
an address to the Kentucky Conferences
of the Methodist Episcopal Church yes
terday.
The bishop was introduced by Gov.
Elem D. Sampson as mot only great
theologian, but clear thinker and O
sound economist as we'll"
Bishop Blake said 1t was not the task
of society to care for the jobless. THE
big employers who benefit from their
labors when there Is work should have
the responsibility Of taking care Of them
in time Of depression" he said.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-10-16
CARRIE NATIONS"
URGED BY CANNON
Says They Should Smash
Speakeasies Where Officers
Refuse to Enforce Law.
BY the Associated Press


ATLANTA, Ga, October 16.-"Car-
RE Nations" by the thousands should
rise up and smash the speakeasies of
New York City and other places where
officers refuse to enforce the prohibition
law, Bishop James Cannon, jr., said
here last night in addressing an Atlanta
prohibition mass meeting.
The bishop said it was the duty of
the officers to enforce the prohibition
as we'll as other laws and where the
State authorities told the local officers
they were not obligated to enforce the
prohibition laws, then the Carrie Ma
| lions" should smash the bottles and
barrels of speakeasies
Bishop Cannon said cit can not be
| ignored that the Roman Catholic
the hierarchy is 80 per cent opposed to
the prohibition law"
He was citing the factors which he
said were arrayed in opposition to this
| law
He asserted Alfred E. Smith, Demo-
| cratic Chairman John j. RaSkob and
Gov. Franklin D. Roosevelt of New
York were friends Of the liquor traf-
| f1c before the prohibition amendment
| and are friends of the liquor traffic
now"
The bishop said the talk of these and
| others respecting States rights on the
| liquor question was mere camouflage.
Bishop Cannon voiced opposition to
| the resolution passed by the American
| Federation of Labor Convention at
Vancouver favoring the legalizing of
| beer of PTS per cent alcoholic content.
He said that places for distribution for
the beer would become spots where
illicit liquors can be sold with less
chance of detection"
He said also that the suggestion for
| a referendum was an effort to short
circuit this question and that referen-
| dun which they have in mind" is I'M
constitutional.