davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1932-01-11
SMITH W|DENS
GOLF LEAD

LOS ANGELES, Jan. 11.-Start-
ing play on the final 36 holes to-
day in the annual $500 Los
Angeles golf open, Macdonald
Smith, of New York, had a 1877
and a five-stroke lead over his
nearest opponents in field of
1913.
Next in line were Leo Diegel,
of Aqua Caliente, Mexico; Walter
Hagen, of Detroit; Joe Kirkwood,
of New York, and Olin Dutra and
Dallas Jeffers, of California. Each
had l42, while 143 wa1 the score
of KY Laffoon, of Denver; Gene
Sarazen, of New York; Clarence
Clark, Bloomfield, N. j., and Ben
Hogan and Dick Metz, of Texas.
Unless Smith collapses today it
appeared likely he would be win
ner of $4,000 and his third Los
Angeles open golf title. Roland
Mackenzie, amateur from Wash
ington, D. c., scored 76-71-147.
The Washington times., 1932-01-11
LeIUis and KOeneU
Lead Soccer VictOru

With Lewis and Koenell boot
ing the ball through the uprights
twice each, Columbia Heights
socceriStS experienced little diff
ficulty downing Gaithersburg, S
to l, in a Capital City League
match.
Concord received a forfeit from
Rosedale. Soggy conditions forced
a poStponement of all other
games.
The Washington times., 1932-01-11
NAME PAIRINGS
FOR AQUA COLE

Aqua CALTENTB, Baja Cali
fornia, Mexico, Jan. 1.-THE
pairings for the first So holes
of the third annual SIS, 600 Aqua
Caliente Open" Coli tournament
have been made up by Leo Diegel,
club ~pro," and Darsie L. Darsie,
chief scorer for the big event.
The tournament starts Wednes-
day and ends Saturday. Play
will be in the mornings only and
18 holes will be played each day.
1t has been arranged to start
play at 8 o'clock in the morn.
ing and this should bring the last
players in by O'Clock, which
viii give both the players and
gallery" plenty of time to get
to the races, which start at 2
o'clock in the afternoon. Pair
ings follow:
500 Iohn shinkonis, d. Robert ebert Held, Held,
Davies, Davies Ky Lafoon. 'Tom Telfer; s:15,
E. Zimmerman, Clarence Hubby, -Lyn
k9rdRer $50 J9hn Gsarta Battin c.gk G1 Ben
Hogan, az s. Hall: $3.50 Gordon, Rich
ards. Art Roux %Douglas Fairbanks;
S:S5. Romie Espinosa. Eric Seavan
Dick Metz, ROY Tufts: s;45, Tony But
Ter. John PerelH *Bin Jelliffe; $50
Jack Terrant Larry Gleason. Al Zlm-
mon. A. G. Sato: 9:O0-Ralph Guldahl,
Jimmy Thompson X. Yasuda: sac
Grant Halstea6 Willie Goggtn Harold
Thompson: 9:15. X. Asasmi. Olin Dutra.
letters, John J. McHugh: s:25. Harry
Cooper, Clarence Clark, "Johnny Daw-
son; $50. Tommy Armour, Al Watrous
Cox, Lewis Scott $40. George Won Elm.
Leo Diegel. Craig Wood; S:46. John
Golden. Tom Creavy, Frank Walsh i7i: ;
$50. Gene sarazen; Ed Dudley. WINE
Guest, Abe Espinosa: 1O:Oo.. Walter
Hagen. Johnny Farrell. Mortie Dutra;
1905. Joe Kirkwood, Aubrey Boomer.
Al EsninOsa; 1910: Ben Tn!,s CoItEln MacdonsiS
Smith, Eddie Loos, "Fay C9Ieman;
1920. Dewey Longworth, Willard
Hutchinson. Herman Barron; 1G;SG GS3
FinIay: 1890. Fred Morrison, Chet Beer.
%Chuck Ward; 1895. Arthur Bell. Dave
Hackney. Jack Grout; 1O:4O, FRANK
Hc4;@' io:45' W. c. Miller, Charles summer.
%Clancy Miller: 1850, Arch Hambrick,
George Martin. slim McGregor: 1855.
Ed Gayer. Joe Paletti. "Chet kelieri
Barbee: 1905. John Foge, Rod Munday;
%George shaw: 11:1O, Fred Gilbert, Bud
Oakley, "Harry Borde: 11:15. e. l.
Hys 1I2o TaFc W & Seaerd Gerdon Ted Barnes ~
J. Mescan: 1880. Chick Fraser, Vance
Regan, "Earl Berryhill: :s5. Eddie
Prickett Harold Dale. &C. G. Ehman'
81. G. Hunter. 81. B. Ransom.
%Amateur.
The Washington times., 1932-01-11
Honesty Not Questioned

There's no doubt in our mind
the Cardinals will do well by
Wilson if he does well by them,
any more than we believe that
Washington wouldn't have paid
Goslin an he was worth when
the snag was struck here two
years ago, but if baseball is
going to be conducted that way,
why have contracts at all?
wilson's Willingness to take
a so per cent cut over his $780,
500 contract OF 1881 sounds
more than reasonable. 1t isn't
at the age of 80, to be suspected
he's anywhere near through.
A .324 hitter up to last year,
like GoSlin, he was bound to
have a poor year in there with
the stick, and baseball fans are
inclined to believe his failure
to hit last season was more
the result of the law Of aver
ages than the loss of batting
acumen.
Compare Nor a moment the
1892 wage of Dave Harris,
doomed to adorn the Washing
ton bench if present plans
work. with that offered Wilson.
A pinch hitter at best, Harris
will get $4,000 for his labors.
Wilson, a known slugger and a
regular on any mans team
should rightfully expect more
than $500 and many a fan is
hoping he gets nearer $1O,-
900 or maybe $4,000.
Since when has baseball
found it necessary to employ
its hitterS on a commission
basis. anyway?
The Washington times., 1932-01-11

Lutheran foundation called Vir.
ginia Institute. 1t was estab-
hshed in 1912. and chartered
as Roanoke College in 1853.
The idea of Richmond College
was discussed as early as 1880.
1t was the result of a Baptist
movement. In 1882 the site for
the college was purchased. On
July 4, 1882, it was opened as q
manual-labor school and was
called the Virginia Baptist Sem
mary. It changed its name March
4, 1840, to Richmond College.
V. M. 1. History Romantic
Virginia Military Institute was
organized in 1889, as a State of
Virginia military and scientific
school. 1t started operations as
such in l841. It's Civil War
history is one of the most ro
mantle known in country
packed with romance.
Washington and Lee was first
Augusta Academy, and one of the
earliest, if not the earliest, schools
in Virginia. It next was known
as Mt. Pleasant, and then as Lib
erty Hall (during the Revolution
ary War;.
Liberty Hall was established in
Lexington in May of 1776. Liberty
Hall Academy was chartered in
1882 by the Virginia legislature,
and was the first literary institu.
ton incorporated by the State
after the English Colony became
a Commonwealth.
Next it was chartered as Wash.
ington College, and Robert E.
Lee became president. Shortly
after the noted Southern general
died October, 1870, the school
became known as Washington
and Lee.
THE twenty-firSt chapter Of Mr..
COstellO'S "RatiOnaliZed Football"
The Washington times., 1932-01-11
PAtTOS' RECORD
FORMIDABLE
On DRIVES
BY GINO SINH

When. Jim Londos, the famed
Greek. god Of the mat world and
idol of Washingtons Greek
colony. returns to the Capital he
will find his Greek cornpa triots
dividing their attention.
Louis Pantos, a medfum-Sized,
smiling Greek, with grazing hair
about his temples, through his
magnificent 666 set to, take the
lead in the Howard Campbell
Sweepstakes, firmly installed him
self in the hearts, of his Greek
brothers.
Louis is no flash in the pan.
His brilliant performance came as
no surprise to his friends who
nave watched him batter the pms
\ for sizeahle scores over ffVe-yeaE
stretch.
In Obscure Leagues
The Greek ace has been limit
ing his rolling to obscure or Sec
ondary leagues and thereby esr
capped notice.
At present he is setting the
pace in the Columbia Heights
League with a 12O average and
that league boasts such crack
shooters as Paul Harrison, Eddie
ESpey, Charley Watson, Perce
Wolfe and Tony Santini, none Of
whom need introductions to even
casual bowling fans.
Besides, he is topping the Tenn
pie League bowlerS with lit, and
has a similar average in the Rec
reation League. Last year he led
the latter circuit with 119, and
the year before Ollie Pacini went
or to national fame by topping
PantoS' 119 by few pins in the
Recreation loop. Four years ago,
when lis averages we're consid-
cred powerful, Pantos held that
pace in the Columbia Heights
League. Only seven men in the
city could boast higher averages
and all we're in the major leagues.
Pantos, teamed with Nick Cha.
conas. the mighty Greek wizard Of
decade ago, attracted country
wide attention by setting a dou-
bles game mark of 3O5 (Since
topped several times, in a match
against Pacini and Santini two
years ago.
Works Long Hours
Louie is a market man and
must put in long hours at his
stand.
Because of his taxing work he
has not been able to roll in the
majority of the big events out
side of the Campbell classic. His
general averages make PantoS a
strong contender for city rank
ings this year, which would be
greatly strengthened should he
win the Campbell test.
Last Saturdays performance
has stirred up ambition in him.
Henceforth he is a formidable
contender for all honorS he main
tainS. He has signed with
Barnes Auto in the National
Capital League.
Paul Brill, the quiet, unaSSum-
ing shooter who is second, is not
to be taken lightly. His matter
of-fact manner of rolling is full
of possibility. This is his first
year in the big show, but he is
no youngster, and, while his rec
ord is not that of a world -beater,
he is tough at all times.
The Washington times., 1932-01-11
POLOIST HURT

LOS ANGELES, Jan. Lin
Howard, young star polo player.
today was suffering from injuries
received in a spirited game in
which his team, the Alamo Horse
men, that included the poted Pat
Roark, was defeated, IL to 10, by
the Midwick polo team, led by
Eric Pedley.
The Washington times., 1932-01-11
Maryland Quint Aims To Auenge Defeat
LINERS
PLAY L0k0LA
TONIGHT
By GEORGE A. SIMPSON

BY GEORGE A. SIMPSON
Maryland University will Lave
% chance to atone. for its basket
ball defeat at; the hands of LOyola
College,. OF BalttInorE, last yeSr
when the Evergreen toSsers' in
wade. the Ritcf1ie' gym to- battle
Coach Burton Shipley's lads to-
night. Action will begin at 8
o'clock.
Odd as it seems; Loycla is the
collegiate champion Of Maryland
though the university represent
ing the State, succeeded In cap
turing the Southern Conference
championship, a rich prize.
Beat Md. Last Year
Loyola was one of two teams
that vanquished Maryland On its:
home, floor last winter. the other
being its old rival, Washington
College from CheStertown, Md.
Tontgl1t's contest will have
added significance as it is the
last in the Ritchie gym Mary
lands next home contest is with
Navy on January 20, dedicating
the new and mammoth fieL..
house.
Probable Lineup
Coach Shfpley will probably
nominate Shorty" Chalmers and
Ed Roukir1. forwards; Jac... Norris,
center, and "BoZie" Berger and
Charley May, guards, as his start
ing lineup.
Tanneyfrfn, guard. and a new
co.ner on the LoyoIa five, and
Carlin, forward, may annoy the
College Parkers. Rehkopf, sub
forward for the Baltfmorean-i.
was schooled at Georgetown
Prep.
Important Game. Toe
The Catholic .-Gallaudet meet
ing in the c. U. gym is another
important game on the college
basketball menu here tonight.
Gallaudet. not up to last years
standard, is advancing rapidly
while Catholic University, off to
a slow start, has gathered head
way.
Coach Jim Pixlee's George
Washington outfit has a date
with the Quantico Marines five
at Quantico, Va, tonight. It
marks the first time the Colonials
have stepped on foreign floors
this season.
The Washington times., 1932-01-11
Boat Club FLOOrnlen
Turn Back CLOthierS

The Potomac Boat Club bas-
keters turned back the Saks
Clothiers by a 30-22 score. 1t
was the Clothiers first defeat
in 81 games this season. The
difficult game with the Quantico
Marines, which the Clothiers won,
27-24, took a lot of steam out
of them.
The Washington times., 1932-01-11
Census, Patent FiUes
DendLOcked for Lead

Census and Patent office are
tied for the leadership of the Gov
ernment Basketball League as a
result of Patent Offices 1918
win over Bureau of Investigation.
Tonight, on the Boiling Field
floor, Census and G. P. o. hook
up at 9 o clock, with Fort Myer
and Naval Hospital meeting an
hour earlier. Standings:
The Washington times., 1932-01-11
BertnlGnn TUinkLes
DESPITE Teams Loss

Dick Streeks. Bill Banta, Tubba
Farrell and other Vic Sport Shop
players had trouble in handling
solly Bertmann at Silver Spring
Armory.
Solly played with the Broad.
way TheatricalS of Philadelphia.
and though his team was barely
beaten by SO to 35. he grabbed
the spotlight from the local
flashes with l9 points.
The Washington times., 1932-01-11
DRAW TERMS TODAY

NEW YORK, Jan. 11.-Con-
tracts will be signed Wednesday
for the proposed heavyweight
championship bout between Max
Schmeling and Mickey Walker at
Miami on February 25, 1t was an
nounced today.
The Washington times., 1932-01-11
BAER TO HEAD EAST

SAN FRANCISCO, Jan. IL
Max Baer, heavyweight fighter,
anc lis manager planned to leave
for NV York today where Baer
will meet King Leviusky, Chicago,
January 30.
The Washington times., 1932-01-11
MERCS PLAY

The Mercury A. C. and the
Delaware Hudson quints will play
tonight at $50 in the Central
gym.
The Washington times., 1932-01-11
max SCHMELlNG AT TOP OF HEAVYWEIGHT RANKING
, GOslin Case Recalled
$4,000 Due wilson
And MGUbe $4,000
Hack is Hacked
Where IT Hurts
Those "H" Salaries

Guess when the stbes tackled that cognomen Of Hack
on WILSON, few figured it would apply to his salary
within very few years. yet that is exactly what has hap
pened and is he burning up! And can you blame him?
The offered HACK by the St. Louis Club are not
unmndful of similar case Washington had its hands
couple years ago this very time In the Cards offer to
Wilson Of $5OO and anything that he earns baseball
bugs locally recall like proposition made to Goose
GOsn by the domestic interests after Goose had fallen OIL
in his hitting top of year wherein he led the Amer
canT T.eao
The Washington times., 1932-01-11

Practically the same thing, If
not the precise thing; has be-
fallen. Wilson, the main differ
ence being that he is traded, In.
the winter, whereas Gosiin
wasn't traded until, the season
preceded by his salary Difficult
ties, was we'll under way.
The Washington times., 1932-01-11
RATIONALIZED
FOOTBALL
By Harry Costello
Georgetown Backfield Star l9lO.l9l3
CHAPTER Xxx

One not far wrong who states that nearly every historical
athletic friendship and natural rivalry the South Atlantic
revolved around University of Virginia.
The Washington times., 1932-01-11

CThe twenty-firSt chapter Of Mr..
Costello's "RatiOnalized Football"
will appear In tOmOrrOw's TimeS.)
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1932-04-02

dropped more than the relative drop in the
price Of commodities.
just recently we paid a man 500 for about
$1,000 worth Of royalties. We felt that we had
virtually robbed him until we learned that
he had settled up a 5000 obligation with
the 500 That sort Of thing has happened
several times recently.
Percy Rockefeller is no smarter than the
rest Of us. The only difference Is that
instead Of wringing his hands during the
crash, he rubbed his eyes and looked around
him and proceeded 70 capitalize the PRES
ENT BE did not wait for better times. he did
not take stupid plaintive attitude He took
the money he had at hand AND MADE HIM
SELF A BILLIONAIRE while others with an
equal chance were going broke.
This Is not a defense Of the bear raids
Of Wall Street. We have no love for that
gigantic racket But Mr.. Rockefeller
teaches us q little lesson. Wall Street is his
playground BE knows every corner and
every lamp post. he knows and perhaps con-
trolls most Of the companies on which he made
his big profits-selling short BE didn't choose
70 abandon the things which he knew perfect
" and got into the sheep business or some
other enterprise new to him. he made his
money where he KNEW the business
If any who reads these lines decides to emu
late the Millionaire Mr.. Rockefeller in sell
ing stock short, we will not guarantee that
the results will be the same. They viii prob
ably be quite the reverse for none has ever
been able to beat that Wall Street system
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1932-04-02
Bear Raiders Make Millions

Ordinarily, a man who creates for another
man q great opportunity is considered bene-
factor, but oddly enough the people at large
are inclined to look at the negative side Of
such a situation today.
There is a great deal Of comment regarding
the bear" activities in the stock market
A congressional investigation was ordered
and the congressman rushed down to Wall
Street, had luncheon at the Recess club and
went back to Washington and the Juror was
ended
II now develops that the chief bear" is
none other than Percy Rockefeller who Is re-
puted to have made more than 800 900 600
by selling short on the New York stock ex-
change since 1929.
While most people stood around wringing
their hands or holding their heads, certain
wise individuals IN Wall Street were SELL
ING. A stock was quoted at $40 The bears
offered IO,OO0share lots at $149 and then
l0O00-share Cot at $135, when the market
again sagged, they continued selling. All the
time they were just PRETENDING that they
were selling for actually they did not trans
fer the stock. They were always able to buy
at 1885 the stock the market absorbed at
$40 and they bought at $3.50 the stock that
was sold at $135-and so on, down the list
The stock we are talking about is Anaconda
Copper Mining company. Today is can be
bought at around Sc. The bears are res
ponsible for that low price, without a doubt
But on the other hand, If a man wants to in
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1932-04-02

vest ~ the mining business, how could he ev-
er expect to get as mach for IS as IN buying
snare OF Anaconda st0ck4 Il Is an oupor-
tunify that none Of as have ever seen before
mad an opportunity we probably win never
see again-unless Mr.. Rockefeller and other
bears push the price stin lower Investors IN
Hs.ning projects hope it viii go lower. Specu.
latorss OIL course, are not 50 enthusiasts.
Take as a further example the stock Of
ono On eOmpany-stin speaking about how
horribly the bears have treated the Am
erican public:
Ohio Oil company stock has been sellino
between IS and 81; q fraction Of its worth
IN 1923. II is surely worth more thar a6
Or -, therefore the stock price is where it
= g 9 result Of the works Of a good fairy
N ASzS Ohio stock was quoted at S76 II has
been split two-fOr-One since then, but even
80, the present price Is a bargain.
Il we are correctly informed. the
Cash reserves Of Ohio Oil company are
great enough 90 that distribution Of the
cash alone would pay out the entire cap
italzation at s. a share, leaving all the
vast properties Of the Ohio costing moth
ing
How can anyone feel that the 'sbears'' ara
not friends of the workineman who conIdnst
afford to buy Anaconda at $40 from his
wages az " q day but who today buys An
aconoa Tor 50 out Of his 81 a day. The price
q eggs has come down, along with other
supphes' out the price Of investments has
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1932-04-02

stations on the Pacific highway for there is
one every half mile already he. would not
start big refineries in the Midcontinent, for
there Is already too much competition; nor
would he try to build up big production in
East Texas, for the crude market is too slow.
Where is ONE great opportunity
How about the Canadian marketf
All Canadian oil fields together do not
produce enough to keep the Ford cars run
ming.
Yet Canada has refineries with a total ca
pacity Of $4,000 barrels of crude per day
and the closest source Of that amount Of crude
is from 1900 to 1900 miles away.
1t is true that trainlOad Of crude a day
goes from Wyoming and Montana to Regina
and Calgary, but that is a mere drop in
the bucket. Most Of the crude supplying Ca
NADIA IS hauled from the Midconfinent. The
Canadians pay more to the railroads than to
the producers Of crude
The most profitable thing, then. would be
to bring N big Canadian oil field. Several
have had that idea for many years past. II
CAN De done, perhaps, but It is a hard prob
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1932-04-02
Not A Desperate Business

After all is said and done, the man who
knows ANYTHING about the oil business is
in better shape today, even with very limited
funds for investment, than any time in his
tory The man who hasn't SOME funds for
investment should eliminate butter and sugar
from his menu and invest the saving. This
is one time when man can afford to take
desperate chances to get ahead. But the oil
industry is not such desperate business.
Take the record of the oil industry in 1880
as an example. Times were pretty bad in
193O-at the bottom Of the depression.
In 1880 the oil industry had total invest
ment Of twelve thousand million dollars.
The gross sales of the oil industry in Am
erica during 1880 were practically six thou
sand million dollars IS ,9O0,O0OOO0 to be
exact.
Is it not pretty good business that earns
so per cent Of its investment in a yeari
There are fey, if any other industries,
that can show that record or anything like
it.
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1932-04-02

But that is not the most startling fact.
The oil industry took in five billion, nine
hundred million dollars from the sale Of one
billion dollars worth Of oil
In other words, the industry ran billion
dollars worth Of crude oil through 100000
miles Of pipeline into 400 refineries, trans
ported the refined products to markets and
through $4,000 filling stations and like mar
keting agencies sold it to the public for S..
900000,00O
These are FACTS and not guess work COM
pliations provided by the Independent Pc
troleum Association Of America.
The |. z, A. A. shows the following invest
ment IN the oil industry:
Production ...$6, OOO, 100000
Pipe line, storage. 1900, 100000
refining .-.-.---..--...-....... $500, 100000
Transportation and
marketing .,.-,-.-.-...-.-.. 2,OOO,OO0OOO
AS stated, the American oil industry took
a billion dollars worth of crude oil and sold
it in the following manner:
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1932-04-02
A Business That VIII GROW

The banking business may not be so good,
likewise the utility bushes and many other
lines Of business where a decided falling
off has been noted, but the oil industry IS
ONE industry that is fundamentally strong.
There is NO OVER PRODUCTION. Domes
tic production last year, less imports, was 49,,
100000 barrels less than requirements
Anyone who says that all it is necessary
to do is to open up q couple Of fields and
flood the country with oil is either malicious
or knows nothing about the oil industry. OPP
en- any one Of the flush pools for 90 days
and it viii be making water. That would be a
criminal procedure, for the United States
NEEDS all the production Of its oil fields
and cannot afford to have any field ruined
by being permitted to flow wide open for q
few days or weeks. Flush production never
lasts more than a couple Of years. The greater
their flush production runs, the shorter the
lives Of new oil fields.
If man were to chose to become the Per
cy Rockefeller Of the oil industry today
Percy Rockefeller is NOT an oil man-What
outstanding opportunity would he discoverq
He would not propose a chain Of filling
Montana oil and mining journal. [volume] (Great Falls, Mont.) 1931-1953, 1932-04-02

lem. AN easier problem is to develop KNOWN
OIL fields along the Canadian boundary. There
L only ONE spot where that can be done
MONTANA.
II East Texas could be moved into NORTH.
ern Minnesota, it would be worth THIRTY
TINES as much as it win be worth - East
Texas. BY the same token, Montana fields ara
worth many times the value of oil fields else
where IN the United States because the oil
can be piped into Canada at cost Of a few
cents as against many dollars Of cost for shin
ping it by rail from the Midcontinent
Perhaps North Montana can't be denond.
ed upon to immediately develop 10000 bar
refs OF daily production, but the market Il
waiting for any appreciable portion Of tbat
amount, as soon as it can be developed.
The investor can do no better than To take
advantage Of this very apparent situation-
each one IN his own way. For our part we
are anticipating this opportunity bv buvin0
good title landowners royalty on varions
OF the fields which we believe are eoino 81
supply the Canadian market in wears 10
come. ANY who share our opinion NAV ioin
US IN our plan Of cooperative buying.