davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1932-05-20
Stocks BUOYED
BY GOOD NEWS

NEW YORK, May 20 Q.N.S).
Security and commodity prices
advanced on a broad front to-
day on the overnight announce
ment of the formation Of a coali-
ton of the nations leading bank
ers and industrialistS to put to
work the billions in credit re-
leased by the Federal Reserve
System in it's anti-deflationary
campaign.
Stocks were strong, gains run
ming from 81 to So a share in
the early dealings. Wall Streets
hope that the coalition, the most
powerful since the Liberty loan
drive of the World War days,
would find a way of turning the
business tide, was reflected in
more confident buying Of stocks,
with volume for the first half
hour totaling 100000 shares, the
largest in weeks.
The bond market turned up
ward under the leadership of
United States and railroad obi
cations, gains running to more
than a point, or $40 a bond.
Cotton had an early run up of
so cents a bale and the Chicago
wheat market was higher. Other
commodities showed a firm tone.
The Curb Market followed the
Big Board upward.
The Washington times., 1932-05-20
DALLAS CHECKS
F[E|SCHER PAL

DALLAS, Tex, May 20 GN.S). &.
Police toady were investigating
the claims of a prisoner, released
from aijl here last Saturday, that
he was a member of the Purple
Gang" of Detroit and that he
was on his way to Mexico.
The man. who gave his name
as Harry RAIDER was booked at
the city Jail on a charge OF hi
jacking. He was released when
the victim failed to identify him.
After his release, Ohio authori-
ties asked that he be held for
them as he had escaped from a
reformatory in that State. Failure
to send proper papers. however,
resulted in his release.
Before leaving Dallas, Raider
told his attorney he was en- route
to Ell Paso to meet fellow gang
ster. The two then planned to
cross the border into Mexica.
Authorities believe him to be a
publicity seeker" but are check
ing his story.
Harry Fleischer, reputed head
of the gang, is believed to be in
Mexico.
MEXICO CITY, May 20 QN.S0
Harry F1eischer, Detroit Purple
Gang" czar, wanted for question
ing in connection with the kid
naping of the Lindbergh baby, is
believed to be hiding in a federal
district" police said today.
The Washington times., 1932-05-20
SACHS SHARES
JUGGLED IN
B|GCRASH
Maze of ManipuIations in Food
Stocks Revealed at
Senate Hearing

A $60,000,O00 loss to stock
holders in the Goldman-Sachs
Trading Corporation, was casu-
ally explained to the Senate
stock market investigating
committee today by it's presi-
dent, Walter E. Sachs, of New
York.
He said the Trading Corpora
ton was organized by the banking
house of Goldman, Sachs and Co.
The banking firm put $4,000, 900
into the Trading Corporation, sell
ing 100000, 900 in stock to the
general public. he explained.
"HOw much capital has the
corporation now"
Sachs replied:
"On October 81, 1881, our
capital surplus was 0,269, ,1OO."
"Then you lost $50, ,OOO, 900 Of
the money collected from the
public?''
"A~4&rge sum of money was
lost by all the stockholders"
Sold Stock at 1O4
The stock was issued at 104,
split up later to give it a par
value of SO and is now selling at
IA. Sachs said the public took
800, 900 of the stock at 104.
"WhO managed this trading
cOrpOratiOn?"
Sachs said:
Goldman, Sachs & Co., man
aged it, under the supervision
Of the board of directors, but a
majority of the directors were
partners in our company"
Sachs admitted that Goldman,
Sachs Trading Corporation and
Postum Company paid $23, 500, 900
for joint requirement of the Gen.
eral Foods Company, whose as
sets totaled only $1,750,000, be-
cause it had a patented quick
freezing process which was con-
sidered valuable.
He said $12,75O,0OO of the $23,-
900, 900 investment totalling 12,700
shares, was charged off to
"losses" on the books of the
trading corporation at the end
of 1881. The huge sum was listed
at 81 on the corporations books.
Here's q Merry Go Round
Gray brought out a series of
stock transfers that confused the
committee. First, the General
Foods Company was bought. Then
the stockholders of that company
sold their stock to the United
Foods, Inc, of Canada, in return
for stock in the latter corporation.
Then the Canadian corpora.
tion sold the stock Of the General
Foods Company to the Frosted
Foods Company for $4,000, 900.
After this merry-go-round Of ex-
change, the Frosted Foods Com
pany owned the General Foods
Company, the Central Foods Com
pany., owned the United Foods,
Inc, of Canada, and the Cana
dian Company had $4,000, 900 in
cash.
Sachs admitted the patented
freezing process had not been a
CONTINUED on Page 81, Col. 1.)
The Washington times., 1932-05-20
SHIRT
AND GANG
LET TIERS
SHOWN
Indictment Against Suspect
Hitherto Unnamed Is
Hinted Likely

NEW YORK, May 20
(I.N.S.).-The strange story Of
the $4,000 ransom paid in
vain to supposed kidnapers
over the wall of a cemetery
was unfolded today behind
closed doors to the Bronx
grand jury by DR.. John F.
Condor, the "Jafsie in the
Lindbergh baby kidnapping
negotiations.
The white haired septua-
genarian bore a sheaf Of docu-
ments into the secret chamber
with him.
They included his diary, in
which he recorded each move in
the transactions with the kid
napers-his first contact" and
his meetings with their represen-
tatives in restaurants, public parks,
and along unfrequented paths.
Exhibits Gang Notes
He exhibited the seven notes
received from the purported kid
napers. From these much is ex-
pected to develop. The handwrit-
ing on at least one of these has
been diagnosed by Federal experts
as being apparently the same as
that contained in the original
ransom note left in the nursery
Of Charles Augustus Lindbergh, jr.
Condor was freshly Shaven and
wore new straw hat. He walked
up the steps of the county court
house with springy steps.
He was accompanied by two de-
tectives and his son-in-law, Ralph
Hacker.
AL Reich, his customary body
guard, who assisted in some Of the
details of the negotiations, was
not with him. Reich has already
appeared before the grand jury.
Tiny Garment on View
Among the exhibits to be ex-
amined by the grand jury was a
tiny sleeping suit of a baby. It
was a grim reminder of the fate
which befell Baby Lindbergh. The
sleeping garment in which he had
been put to bed by his mother for
the last time was missing when
his beaten body was found in the
brambles near the Lindbergh
home at Hopewell, N. j.
The receipt of this sleeping suit
from those dealing with "Jafsie"
was accepted as conclusive proof
by DR.. Condor and Col. Charles
A. Lindbergh that they were trad
ing with the right party.
Nevertheless, the garment will
be deeply studied to discover il
it was indubitably the genuine
Continued on Page 2, Col. ~
The Washington times., 1932-05-20
CURTIS
TRA|LSCROSS

Federal agents following the
multiple trails of the Lindbergh
case are now endeavoring to
ascertain whether the pahts of
the Norfolk "negotiators" and
CASTOR B. Means did not cross
at one stage of the weird maneuv-
erings.
Means, ex-Federal agent him
self and ex-convict as well, comes
to trial here on June 6, charged
with swindling Mrs. E. B. Mclean,
wife of the Washington publisher,
out of $104,000, which Mrs. Nc
Lean gave him upon his repre-
Sentation that he was in contact
with the kidnapers and could
obtain release of the child for
100000 of that amount.
Authorities consider Means tale
Of long drawn out negotiations"
and hurried trips about the coun-
try as fantastic as that of John
Hughes Curtis.
Federal agents have visited
Norfolk since the collapse of the
Curtis story, it was learned today,
and shown Dean Peacock a photo
graph Of Means, asking whether
it reSembled either of the two
mysterious "gangsters" who the
minister says came to his rooms
in a New York hotel and nego-
tiated with him. Peacock'S
answer was that he could not be
sure, according to Department Of
Justice officials.
The Washington times., 1932-05-20
GARNER PLAN
ORDERED IN
B|LLFORM
Speaker Acts to Get Job Aid
Program Before House;
Finance Corp. Hit

Prepared to seek early action
on his $2,1OO,OOO,0OG relief pro-
gram, Speaker John N. Garner
today directed legislative coun-
sci to place the program in bill
form.
Garner said he would not in
troduce the bill himself. The
program is expected to be di-
vided between three commit
tees.
The relief program, which en-
braces 500, 100000 to be used by
the President for direct relief,
81, 900, 100000 to be administered
by the Reconstruction Finance
Corporation, and $1,000, ,O0O. 900
for Federal public work, may be
pushed through the House next
week.
Explaining the plan, Garner
said the public works program
was a one-year plan and could be
elaborated upon in the next ses-
sion, if necessary.
Raps r. F. C. Acts
He criticized the ReconStruc-
ton Finance Corporation for pass
ing by "the great middle cor
porate class" in administering
the affairs of the $4,000, ,0OO, 900
organization.
Under present legal restric-
tions, he said, the corporation
had loaned to railroads and other
big institutions anda to tenant
farmers but ignored the smaller
fellow. He said:
cit has skipped the great
corporate middle class"
He added that Congress in
tended that the corporation
should make loans which would
provide employment.
Loan Restrictions Off
Under his own plan, he said,
all restrictions on loans would
be removed. The Corporation
would have power to make loans
to cities and States for public
works and to corporations which
might provide jobs.
Defending the limit Of $1,0OO.-
100000 for a public works pro-
gram, which has been criticized
by some members as being too
small, Garner said it would be
difficult to spend $1,000, ,O00, 900
in one year. Congress, he noted,
could elaborate on the program
next winter.
The Washington times., 1932-05-20
SENATORS D. K.
FARM AID BILL

The Senate Agriculture Commit
tee today favorably reported the
McNary bill to stabilize agricul-
tural prices through use of the
export debentures, the equaliza-
ton fee, or an embargo on Ene
importation or transportation of
crop SurpluseS.
The bill directs the Federal
Farm Board to stabilize farm
prices at levels above the cost Of
production. 1t is left to the dis
cretion of the board which one
of the three methods to use.
The embargo provision would be
enforced through a licensing SyS-
tenn applying to all crop products
and to interests engaged in trans
portation of farm commodities.
The Washington times., 1932-05-20
EARHART SET.
To RACE DO-X
To EUROPE
Woman Filler Waits at Harb0r
Grace for Favorable
Flying Weather

NEW YORK, May 20 I.N.S.).
Five years ago today a young
midwesterner named Charles
Augustus Lindbergh hoped
off from Roosevelt Field on a
flight which was to bring him
fame, fortune, and eventual
tragedy.
Today, two more planes are on
their way to Europe via the air
route, I'd although the attempts
of the DO-X and Amelia Earhart
Putnam's crimson monoplane
have not captured the imaginar
ton of the public to the same ex-
tent that did Lindbergh'S flight
their progress is being watched
carefully.
Waits for Weather
Mrs. Putnam, who, as Amelia
-.arhart, was the first woman to
fly the Atlantic, has arrived at
Harbor Grace, and il awaiting a
break in weather.
Like Lindbergh, Mrs. Putnam
is M -thodical and careful to the
last degree, and her Lockheed-
Vega plane, with it's super-charged
wasp motor, must be in perfect
tJndltion before she will take it
off the ground.
Bern, Balchen, generally cred
tied non- flying people as being
the worlds greatest aviator, flew
the plane to Harbor Grace, but
from that point on Mrs. Putnam
will be the pilot and only pasSen-
ger.
Husband Worried
Meanwhile her husband, George
Palmer Putnam, remained in New
York, torn between pride in his
wife's daring and anxiety for her
safety.
He seemed none too enthusi-
aStic over her projected solo at
tempt and was a detected figure
yesterday as his anxious eyes
followed the plane after it had
taken off from Teterboro Airport
on the first step of the flight.
He said that his wife was ZEN
tirely free to return without max
ing the attempt or at any time
before the actual take-off."
His confidence, however, was
restored to some extent by Bernt
B a lc h ms optimistic statement
that Mrs. Putnam has 80 chances
out of 100 to successfully fly the
ocean"
Has No Radio
The aviatriX'S plane is not
equipped with radio and carries
Continued on Page 2, Col. ~
The Washington times., 1932-05-20
Detectives Protect
StOkOWSki FanaiLu

NEW MILFORD, Conn.,, May 20
QNS) The wife and two In
FAINT children of Leopold Stokow-
ski, noted conductor of the Phila-
delphia Symphony Orchestra, are
under protection of two private
detectives on weekend visits to
their summer home here, it was
revealed today. Stokowski could
not be reached for confirmation
Of the report that he had re-
ceived threatening letters con-
corning his family.
The Washington times., 1932-05-20
Tip on Lindbergh
Case Seen in 'AG

NEW YORK, May 20 U.N.SO.
An advertisement in a morning
newspaper, reading, Citizen
Guarantee absolute confidence
Jimmy" started a report that
Mayor James j. Walker had re-
ceived a hot tip in the Lind
bergh case. It was later learned
that he had no connection with
it whatever.
The Washington times., 1932-05-20
Jobless Army Increased
During Last Month

ing and cleaning groups, electric
railroads and laundrieS.
In the eight groups in which
decreased employment was shown,
losses of less than one per cent
were reported in the telephone
and telegraph, and power and
light groups, while decreases of
less than two per cent were
shown in wholesale trade and
hotels.
Employment decreased 3.6 per
cent in manufacturing, 3.8 per
cent in metalliferous mining, and
40 per cent in anthracite mining.
The most pronounced decrease in
number of workerS-12.9 per cent
was shown in the bituminous
coal mining industry.
The Washington times., 1932-05-20
employment increased

Unemployment increased In
April.
Based on returns from 63,421
adjustments in 16 major in
dustrial groups, having in April
4,513,853 employees, whose com.
bined earnings in one week were
$93, 1863, ,953, there was a decrease
of 2.7 per cent in employment
and 81 per cent in earnings, as
compared with March, the
Bureau of Labor Statistics an
nounced today.
Increased employment was re-
ported in eight of these industrial
groups including canning and
preserving, building construction
group. crude petroleum, quarry
ing and non,metallic mining, dye
The Washington times., 1932-05-20
NOtre DANES Star
Hurt at Initiation

SOUTH BEND, Ind, May 20
0.NSO. Louis Vettal, Notre
Dame track star, was reported in
"just fair" condition today at a
hospital where he is recovering
from injuries reported to have
been received during initiation
ceremonies of the Monogram Club.
Authorities will make an inveSti-
CATION of the affair.
The Washington times., 1932-05-20
Meghbors Plan
Monument
To EagLet

HOPEWELL, N. j., May 20
G.N.SO.-Neighbors of Col. and
Mrs. Charles A. Lindbergh to-
day planned to gather funds to
erect a small monument to the
memory of their son.
The township committee will
discuss the project Thursday. If
decided upon, the monument
would be placed on the spot
where the infants body was
found.
The Washington times., 1932-05-20
Actress Divorces
POker-PIaying Mate

LOS ANGELES, May 20IN.S0
Harvey A. Simpson played poker.
arrived home late, and once
dragged her from an automobile
and struck her, pretty Helen Le-
blanc, motion picture actress, tes-
titled today in winning a divorce
decree
The Washington times., 1932-05-20
TRADE LEADERS
FOR 5-DAY WEEK

SAN FRANCISCO. May 20
GN.SO.-Adoption of the five
day week was urged by delegates
to the twentieth annual session
of the United States Chamber Of
Commerce in its four-day session
here today.
Henry I. Hartman, Of Boston,
pointed out that the productive
capacity of the average wage
Garner has been increased so per
cent since 1922. He said:
"Such an increase must be
accompanied by q correspond
ing increase in consuming abil-
ity, else unemployment is in
evitable. We must work def.
nitely toward the five-day week.
Economic pIrIO-gIr ess warrants
that STEP"
Hartman was applauded when
he urged modification Of prohibi-
ton laws to help restore pros
perity. He said Congress could
put $500,000, 900 annually in taxes
into the United States Treasury
by permitting the manufacture
of beer.
Raymond H. Berry, Detroit at
torney, seconded the appeal of
ROLAND A. Vandergrift, California
finance director, and urged the
Chamber of Commerce to petit
ton Congress to eliminate "the
numerous governmental depart
ments which are overlapping the
work of other departments"
The Washington times., 1932-05-20
WinCheLI Leaves
Coast for Gotham

HOLLYWOOD May 20 QN.SO.
Walter Winchell, New York
columnist, today was en- route to
New York after a two-weeks'
stay in Santa Barbara and
Hollywood recovering from q re-
cent illness.
The Washington times., 1932-05-20
SPANISH PLOT NIPPED

SEVILLE, Spain, May 20 GIN.
SO.-Police today announced they
had nipped a new terrorist plot
to bomb government troop bar
racks and sack the city. Many
arrests were made.
The Washington times., 1932-05-20
Andrew r. Kelley

Times Dramatic Critic, will
give another interesting talk
on stage and screen this
afternoon at 3:45 o'clock,
over WMAL.
The Washington times., 1932-05-20
Killer Gets His Wish
To Burn in Chair

NEW YORK, May 20 QN.SO.
The grim wish of William Tur-
ner, %, to burn in the electric
chair" neared fulfillment today.
He was sentenced to death by
General Sessions Judge Collins
for a SpeakeaSy murder.
The Washington times., 1932-05-20
CONDITION OF TREASURY

Treasury balance as of May 18,
$490, ,101, ,753.96; expenditures, $9,-
987 ,O63.32 coustomS receipts, $10.-
asa, 1894.
The Washington times., 1932-05-20

THE WEATHER

Fair and slightly warmer tonight; Saturday
cloudy, probably showers in the afternoon; gen
tls variable winds, becoming east southeast
Temperature yesterday-Highest, 10; lowest, 46
C931-HiRhest, 81; lowest, 63.) Humidity
yesterday-Highest, 95; lowest, 23.
The Washington times., 1932-03-18
BOY 178 DAYS
IN LUNG DIES

SYRACUSE, March 18 Q.N.S0.
Clarence Hastings, the 14-year-
old Kings Ferry boy who stirred
the sympathy of the nation by
the gallant fight he made against
death during 178 days he spent
in an artificial lung" died in
Syracuse Hospital today.
Cheered by thousands of letters
which poured in on him after
Kate Smith, "Col. Stopnagle and
Bud" and a host of other ma
tionally known entertainers had
broadcast special programs for
him, the boy appeared well on
the way to recovery until three
days ago, when he was forced to
undergo an abdominal operation.
His respiratory organs paralyzed
by infantile paralysis, the boy
was unable to live except in the
Drinker respirator, which had
been his home for six months.
The operation was a dangerous
one, during which surgeons were
forced to suspend their efforts
at intervals to replace the boy
in the 'lung" in order to keep
him alive. After the operation,
the victims strength failed rap
idly. He was given but a few
hours to live, but he battled
gamely to the last threads OF life.
The Washington times., 1932-03-18
MIXED NUPT|ALS
EXCITE TOWN

PORTAGE, Wis, March 18
Q.N.SO This small town, which
has become famous in the writ
ings of Zona Gale, buzzed with
excitement today over &the mar.
riage at Carmel, Calf, of Jean
Toomer, negro, and Margery
Latimer, white.
The couples romance blossomed'
here while. Toomer was conduct
ing experiments based on the
Gurdjieff school of psychology.
The Gurdjieff idea is an attempt
to reveal latent power to human
beings, resulting in fulfillment OF
their potentialities.
Toomer and Miss Latimer lived
with six other couples in a small
cottage near here.
Zona Gale was highly interested
in Toomer's experiment, and the
psychologist gave lectures in her
home.
In establishing the test, Toomer
declared he hoped those partici.
pating would rid themselves of
false fronts" set views of life,
and SelfiShneSs.
An integral part of the Gurd.
jeff teachings are exercises based
on Tibetan temple dances. 1t Is
said they stimulate the circula:
tory system and "rest the body in
order to free the brain"
The Washington times., 1932-03-18
HITLER ADMITS
MOBIL|Z|NG

BERLIN, March 1S G.N.S0
Adolf Hitler, Fascist leader, to-
day labelled as Campaign
maneuver" the PruSSian govern
ment's action in raiding Nazi
(Fascist) headquarters through
out Prussia.
PruSsian police, on orders from
government officials, who de-
clared the Nazis were planning
"civil war" and we're concentrat-
ing the brown shirt" forces to
seize the government by force,
began simultaneously to invade
hundreds of Nazi offices in search
of documentary evidence.
Hitler admitted he had au-
thorized concentration of his
army, but said it was only for
protection against Reds, whom
he said had killed 40 of his men
and injured thousands during re-
cent weeks.
The Washington times., 1932-03-18
OLcott;s Ballads ofheland
Made Audiences Weep

on the Riviera because of his
health. He was close to death in
November, 1923, when he was
stricken on the stage at Ann Ar
Dor, Mich, while playing in "The
Rivals" with Minnie Maddern
Fiske, who died last month.
His Magic Number
Rita-his wife, nursed him back
to health in the ''lucky house, he
loved at II Sutton Pl. He believed
II was his magic number and he
was loath to abandon the quiet
retreat overlooking the East
River, but the climate was too op-
pressing during the winter.
Mrs. Olcott was the former Mar
garet O'Donovan, of San Fran
cisco, whom the actor married in
1897. He was divorced from his
first wife, the widow of Joseph M.
Striker, in 1895 after eight years.
Probably Olcott's best known
performances were in THE Heart
of Paddy Whack," Ragged
Robin" Barry of the Ballymore, I"
and "Macushla.
The Washington times., 1932-03-18
Chinese DIG IN
At SHANGHAI
By DIXON HOsTE

SHANGHAI, March 18 QN.S).
Chinese military forces just out
side the Shanghai area were
busily entrenching themselves be-
hind elaborate defense works to
day while Sino-Japanese peace ne
gotiationS moved slowly. d..
Gen. Chang Kai-Shek ordered
four divisions Of his army, the
best trained in China, to Shanghai
today. In the vicinity of Soochow
many units of the Nineteenth
Route Army, defenders Of Shang
hal in the recent conflict, were
concentrating behind heavy de-
fenSes.
Mamoru Shigemitsu, Japanese
minister to China, finally received
instructions from Tokyo regarding
peace negotiations, which hao
been virtually dt Standstill since
China's acceptance with "condi
tions" of the Japanese proposal
for peace parleys under ths League
Of Nations resolution.
The Washington times., 1932-03-18

NEW YORK, March 18 G.N.S0. &.
Chauncey Olcott, who died on the
Riviera today, was singing Irish
ballads to New York's applause
when Fourteenth Street was the
night life center and Forty-Second
Street was uptown.
That was back in the '80's, when
Robert Mantell was making his
debut as star and before E. H.
Sothern toured in his Shakes
pearean characterizationS.
Olcott was born in Buffalo as
Chancellor John Olcott, in 1860.
The late r. M. Hooley introduced
him as a singer at the Academy of
Music there and New York heard
him for the first time at the Union
Square Theater in the spring Of
1886.
Beginning of Career
That was but the beginning Of
a stage career that embraced two
score years and ended only when
age stayed the voice that made
Mother Machree" and MY Wild
Irish Rose" tunes to be hummed
at every hearthstone i'm the land.
There is no compilation of the
parts that Olcott played but there
were so at least, not counting the
apprenticeship he served with
Hooley's company for two years,
his association with Haverley'S
troupe, the Carncross minstrels,
and Duff's Opera Company.
He sang for two years in Eng
land early in the '90's in Gilbert
and Sullivan and other comic op-
eraS, and when he returned to the
United States he was established
definitely as a star, succeeding w.
j. Scanlan in Irish musical plays.
Olcott collaborated with Ernest
r. Ball in writing the music for
Mother Machree" and there was
many a tear-Stained eye in the
theater when he sang.
"Sure loUe the dear SilDer that
shines in your hair,
"And the brotD that's all turrotU-
ed, and t0rinkIed 1Dith care"
At Saratoga Springs the singer
had a home that was ranked by,
experts as one of the finest early
American residences in the coun-
try. There he and his wife col
lected antiques and entertained
during the summer.
Olcott always spent the winter