davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-07-14
The City
in Brief
FRIDAY EVENTS

FRIDAY EHENTS
Exchange Club. luncheon. Washington.
0ptimiSt Club. luncheon. CIaypo0l.
AltruSa Club. luncheon. Columbia Club.
Sahara Grotto, luncheon. Grotto Club.
Reserve Officers Association, luncheon.
Board of Trade.
Sigma Alpha Epsilon. luncheon. Wash
Allied Florists. meeting. 8. 229 West
New York street.
Paul o. Ferret, sales manager of
the Real Silk Hosiery Company,
will speak at the weekly meeting of
the Exchange Club Friday at the
Washington.
Rubber heels and leather soles
formed the loot OF thieves from the
shoe repair shop of Stephen Hay
worth, 655 East Twenty second
street, he told police Wednesday. An
electric motor valued at $25 was
stolen from the machine shop of
James Gibson, 1910 East Michigan
street.
Two girls 13 and Is are held at
the juvenile detention home today
following theft of clothing valued
at $35 from the home of Bessie Ep-
ley, 8 North Tacoma avenue.
"Seven of Every Ten" a four
reel talking picture, will be shown
at $3.50 Friday night before drug
giSts and other store owners oper-
ating soda fountains in the roof
garden of the SEVERN. The film
will be shown by representatives of
the Coca-Cola Company, who are
holding an all-week meeting at the
SEVERN.
Gentes MObbIey, 43, of 818 Nickel
street, was burned severely on the
right foot Wednesday by molten
iron while at work in the G. q B.
foundry, Yandes and Twenty-ffth
streets.
While passing a construction job
at walnut and Meridian streets to-
day, John Durant, so, of 1241 La
fayette street, was struck by fall
ing board He was sent to the
city hospital for treatment of head
injuries and taken home.
Articles valued at SIS were stolen
Wednesday night from the automo-
bile Of Neal Grees, 446i2 Highland
avenue, while he was swimming in
Eagle creek opposite the 300 block
South Warman avenue.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-07-14
Other Livestock
BIZ Times Special

Y 7
LOUISVILLE, July -Cattle-Receipts
IT'S: steady; bulk, common and medium
grass steers and heifers, s45o@6; few,
$3.50 down; low cutters and cutter cows,
SiG225: bulls So down: most light stock
ers S4dS. Calves-Receipts, $50; steady,
dunn and throwouts. $3.50 down. Hogs
Receipts. 500; market l5c lower: o-22o
lbs. SIS; 225-25S lbs, $3.50; 26o-295 lbs,
is5 lbs down, So; sows. S2.s563 so; stays.
so So Sheep-Receipts. 1000; supply light
quality plain. market mostly steady; bulk
S6. 7516 so: medium grades. including
bucks mostly IS down: bulk throwouts
$3.50: fat ewes SiM2; breeding ewes SIS
per head down. Wednesdays shipments
Calves los. and sheep 2.ooS.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-07-14

tw eIectr Ico, Power & Light Corporation r
cents on average common o. sbe earned q
sE1srolng during period, against 50 20 =.
ii nsI on stock outstanding on Msy ~
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-07-14
PICKETING UNDER BAN
Judge Grants Restraining Order for
Sullivan Mine.

SULLIVAN, Ind, July IA tenn
porary. restraining order against
picketing of Ebb Vale Co. mine
near here was granted operators by
Judge Martin Pigg after operators
fled suit for an injunction. Officials
Of district No. IL, United Mine
Workers of America, are defendants.
The mine has been operating on a
nonunion basis and has been
picketed by union men.
= Sept. s was the date set for the
injunction hearing.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-07-14
BIZ { nitcd Press

. S CINCINNATI, July Hogs-Receipts
iec lower on 225 lbs down: heav i wei TJoy
t tSc 10 mostly Csc lower spots zoe of: bet
2S6-g gsFesd e, LEG to around 225 lbs. s5SS;
~ 1Os Fps, 81 soM5; few $50: $4,000
Teak: spots Csc lower. $3.50 to mostly s3'75
SsItIe-Receipts, 700: calves. $50: SloT
Par pareIy steady to weak: supply light; ode
hieiIers S5M6.50; Sprinkling of better An.
s - 1e yearungs between S70s: beef COWS
S1 sa 8: Is; low cutters and cutters 81 a
e,,s,, practlcal top bulls, s325; veaiers I'M
ana choice hardy weights. ss.5OG6: ZOO ZOO
essepyWe-glts and lower grads. IS down
: le.eP-Receipts. 5.oa0; slow about steady:
o ,,,a+I ,er1oes scarce at S6.5OG7: choice
ee9aootssb'e up to SIPS; common and medium
sss9o palmer throwoUts downward tn ca
1sS sgea ewes, s101.5o, mostly best light,
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-07-14
Produce Markets

Delivered IN Indianapolis prices: Hens.
broilers. eolored springers 3 lbs and
up. lac: 2 to 3 lbs. lie: bareback and
partly feathered. l0c: Leghorn and black
Leghorn cocks. &c. Ducks large white,
full teathered and fat SC. small. &c Geese
Iul feathered and fat &c Young and
grades Of Institute Of American Poultry
Inoustries-No. l3c: No. 2 Sc: No 3.
&C Butter-l9 to zoe: undertakes Is 10
l9c; butterfat lac These prices for
healthy stock free from feed No sick
poultrv accented Quoted by the Wadley
Company
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-07-14
DOW-JOnes
Summary

Community Power and Light Company
and subsidiaries in twelve months ended
May 81, 1882. reported net profit amount
ing 10 Sl,815,478 after taxes. but before
depreciation, interest subsidiary preferred
oivloends; etc, against 81, 1872, SAB in pre-
HiouS twelve months Gross 50, 1855, 1894 and
S4698, 105 respectively; Nav 1882 CONSOLE
oated profit amounted to Sl26.545 before
a; ABOVE Nt charges as compared with s143, 2lO
L. Bamberger & Co. declared the req
ular quarterly dividend of St.621z on
612 per cent cumulative preferred nav
able Sept. L, of record Aug. I2.
preferred. =" convertible
tri Cfqt5 put OF electricity for Chicago dis
IItIS s79 9G ~ Two weeks ended Jniy was
XVII !0' ir RWn. compared with 100 o89 o00
oeGrease of 1873 per cent: decrease ~ rSSI,
enoeo June Is was 10 per cent - week
tw siiectrIc Power & Light Corporation in
cents IN non ms ended May 81, earned %
SSEeL ro curing period, against 80 90
5Sa asi on stock outstanding on Ma
victor Talking Machine Comparv l..
clared the regular quarterly dividend ~
% on common stock, payable Aug. / Of
record July 10. - u
en S6nlted 1,, Fruit Company in six months
5oo noo 9une 50 reported profit fnt oiiiiIs
f f,oGHU,o9o after depreciation hut 'ohoeffng
1Herai taxes, against S6970 o0o in nr oviOre
9 5usrter ana $3,350.OOO in june iosS
tv aefhigh Portland Cement Comnorr -
1890 months ended June 30 1g99S ~
s99teso net loss amounting fo So 6eo
81 aItel depreciation. taxes etc $1,000
nc sb pront OF 81 631 .440 equal to az csiIsI
d snare on $50 348 shares Of coro,,, nc cents
4 p5ttbbeo dividends in previous tT Safes
81. Louis Southwestern in first weaL
n July gross totaled S1ss.OOO ara;n.t
SSoo'Sll in like week of 1881: from Ian
to July l. gross totaIed Ss.ss2 92r
against S9,7s4,s9s.
Murray Corporation of America IN fo,,r
InonIns ended April 4 reported NJ i i
amounting to sl,Oe7948 after ali cbsrs loss
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-07-14
Rn Cnitcd Press

NEW YORK. July -Potetoes-Market
STEADY; southern sSca2 80 carrel: Maine.
81 200 l.s0 barrel. Sweet potnt oes-Mar-
ket. firm; Jersey. BASKETS T5cGsl65: south
ern. baskets. ssoQ s325; southern. barrel.
7Sc@ SITS Flour NJ cket. quiet: spring
patents. S3e0Q415. Pork-Market. firm:
west SPOT. s5.5oa $50 per 100 It's. Taiiow
Market, steady: special TO extra 2sa0
2ssc. Dressed poultry.-Msrket irregular.
100 I5c, Ions Island ducks. 11Gi4c. i've
1oultry-Market, quiet; geese. 7a1.c.
ducks. 10000; fowl lsGl7c: turkeys 10
q2oe: ROSTERS. 12@13c: broilers ducks.
l2Q22c.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-07-14

CHICAGO July Eggs-Market firm:
receipts. l2.4l0 cases: extra frsts. i4it a
l4s4c: nrsts. i3iag14i4c; current receipts
lsc secon 10 osl ne ButseE-MaTset firm;
irsts. l7a17iac: firsts l5Gl6c: seconds
l3914c; standards. lsc. Poultry Market
easy; receipts, 81 trucks: fowls. 13c:
srringerS. i9c: leghorns i0c ducks. On
like: geese. ga lie; turkeys, i0nl2c.
ROSTERS. Ioc: chickens. l5d zoe: leghorn
broilers l3iaTI4c: stays. lie. Cheese
Twins. 9szGl0ic; young Americas. i0is a
lose PotatoeS-On track 400: arrivals
2l9; shipments 500; market about steady:
Missouri cobhiers. 75G s5c; Kansas cob
blers 70ns5c
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-07-14
Net Changes

By United Press
NEW YORK, July 13.-Closing
prices and net changes on prin-
cipsl stocks traded today on the
New York Stock Exchange follow
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-07-14
BrightSpots
of Business
Bv United Press

By United Press
NEW YORK, July 14-Resum ption of
large scale public utility financing today
reflected bankers confidence of a definite
turn for the better in financial markets.
DETROIT-Cheyrolet dealers reported
the sale of 49, 397 new cars and trucks
during June. or 10 900 units more than
domestic production for the month.
NEW YORK-Bradstreet weekly food
index turned IN sharply this week. with
gain of S.6 Der cent over last week and
the fourth successive increase, 1t was re-
ported.
NEW YORK-Fidelitv Fund. Inc. de-
clared an extra dividend of 10 cents a
share and the regular quarterly payment
of so cents.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-07-14

Weather conditions at 9 a. M:
Northwest wind, miles an hour;
temperature, SO; barometrics pres
sure, 30.12 at sea level; ceiling clear;
unlimited; visibility, 10 miles.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-07-14
BN United Press

EAST BUFFALO. July 4.-Hogs-On
SAFE 800; virtually nothing done; de-
m me- extremely narrow; desirable 100000
IDS W5 nrmly held at $3.50. or l5c under
MsoneSoayS average. Cattle-Receints
gu grass steers and heifers drseey
a NJ ny . offerings $5.75; palmer kinds
81 on GU q 30, cows. steady: cutter grades
unchanged; good to choice $3.50: common
an &C. medium, s5.2566.5O Sheep-Receints
p ;zUg' ~ lambs SLOW; generally Csc lower
f Few 70 near choice, 1913 to mostly 81:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-07-14
Foreign Exchange
fBv James =. Hamill e. CO..
T,,lrs
Chicago Stocks Opening

by James T Hamill & CO.
July IA
Bendix Aviation 5'4left Circle .,.... 10
cities Service 2 swift e. Co see. l5
cont Chi ND 9islSwift Init ..... 2os4
com Edison 49, SIS III Rad & Tel. TIE
Middle West e. S IWalgreen StrS. si2
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-07-14
RALLY IN RAIL
ISSUES BOOSTS
STOCK MARKET
Steady to Firm Tone in All
Sections of List; Steel
Moves Up.
Average Stock Prices

Average OF thirty industriaIs for wednes-
day 44ss, up 22o. Average Of twenty
rails 1910. up so. Average Of twenty
utilities 1888. up 90 Average OF forty
bonds 1923, up Al
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-07-14

dpoIoTTSBURGH, July -Hoes-Reeeints
n0VO; market slow 15G25c lower: Is0l29o
s ans IS, 3 500 so; 22o25O lbs. S5G525: $50
SS SS,s rs * S4,IoM5' packing Sows steady at
/ 80 ,. 70. Cattle-Receipts 25: market
SS.eeo y: medium and good steers and wear
Ilngs quoted S6gs.25; good heifers. ssGf7:
peuium 70 good cows. SOAPS Calves
esoei se 100 market steady: choice veal
81, so-20n Z: medium grade down to S4.25
fn,..ep Heceipts. 1000: lambs mostly 25c
eeSeM Nse good and choice. 60-74-lb, weights
IT, -. ageo stock steady; good wethers 50 IS
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-07-14
By United Press

EAST ST; LOUIS, July 14.-Hog-Re-
l5c lower; top SIS; most 150-22O lbs, s4.80
g4.S0: no heayies sold, lO0-l4O lbs. $3.50
: E a;S0' soWs. S3.60@3.85. Cattle-Receipts.
indications steady on native steers: west
tern steers steady at $525d5.50 mixed
warnings and heifers about steady with
ters. SIPS IT'S top sausage bulls 50 IL.
Vealers, 25c lower at $3.50 Sheep~Re,
celpts. 5000; market, lambs steady to CSC
lower. oulk lambs to shippers and small
Killers. SeQ625; packers talking SIS
gown; buck lambs 81 less; throwouts' So:
fat ewes. S1Ql5O. 90
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-07-14
BpTnifcd Press

LAFAYETTE. Ind. July i4-Hogs- Mar
2i0 lbs $3.50. 2l0-225 lbs, s4 70; 22s-23S
lbs $500 2s5-250 lbs. sass; 250-2T5 lbs .
50 So 275-300 lbs. sf.45 So1-325 lbs, : = 30 :
isH- $50 lbs $3.50. 1s0-l50 lbs S425:
ioo-iso lbs, 81: roughs. ss.75 down: top
calves. IS: top lambs, Sc.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-07-14
By United Press

&c CLEVELAND. July 14.-Hoes- Receints
w. noloovers none: mostly i5c lower:
US arg some sows 25c down: 150-230 MS
ne; 40; oversupply grass steers. dulI. 25c
spoLs DOC under high time; grain fed
S SSaIee nesr steady: few. $3.50: common to
oouols. SS-5od S.85 largely. Calves-Receinfs
~. steady better grades. STd7. so; com
mon 70 mediums. S56s: Gull and hesvv
CENTS. 500: lambs steady In Ok lou-er.
ouIk. ss.25Mes0. choice absent early.
tnrowouts, s4G5. mainly few medium. SIS so
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-07-14
b. Tniied Prcss

TT WAYNE. Ind. July l4.-HoeS- Mar
ket isc OF. pigs S47564e0: light lights.
81 9oQ5: light. s50515. medium. S490d
5; heavy. S475n4.c0 light roughs. So 75M
;. calves, $3.50 eve and wether lambs, IS:
bucks, IS.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-07-14
Local Wagon Wheat

City grain elevators are paving 5sc for
No. soft wheat. nther grades on their
merit
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-07-14
nited Press

CLEVELAND July Butter-Mark et
firm; extras. 22c: standards &c. Eggs =
Market, firm; firsts, l5c: current receipts.
lac Poultry-Steady; heavy fowls i4G
l5c: medium fowls. i5al6c: Leghorn fowls.
broilers. l20l5c: ducks. i0Gl2c: old Cocks,
s@i0c; geese. 7GSc. Potatoes-No quotes.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-07-14
nited Press

TOLEDO. July Hogs-Receipts. $50,
market. Toe lower: heavy Workers. s5n
BIB. mixed 505-15: bulk. s5d5.i5: pipS
$3.50; lights. $3.50: roughs s3d350. Cattle
Receipts. 40: slow on graSserS active m
dry fed caives-Receipts. hgf,t; market
market, slow.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-07-14

81. Louis Southwestern in first week
VI jury gross totaIed $4,000 against
SSoo'Sll in like week of 1881: from Ian
10 July I, gross totaIed Sc. 6s2. 2a7
against 50, 7s4, 1913.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-07-14
BIZ Tnitcd Press

TOLEDO july 13-Cash grain close.
Grain in elevators transit billing: wheat
~ o. p, red. 47@ 48c.. Corn-No. yellow
241ac. Rve-No 2. 361S@s7I5c. Track
PRICES. 28iac rate. ,wheat-No 2 red az
M42c; No ! red. Il to cent premium:
NO; 3 red. 2 to 3 cents discount: No
red. 2la TO SC discount Corn-No q
yellow 3a32c; No; yellow 3o031c.
Oats-No. white. 20la 621t2c. No 3 while.
19ia@21c. Butter-22c Eggs-isiz GI4c.
Hav-80 cents per cwt
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-07-14

months MgtEbfay ends9p Ent of America in four
amounting to $IOs7 948 after ali net net loss
The Washington times., 1932-11-04
CHICAGO OPERA
HERE NOV. r.

The Chicago Opera Company is
planning two performances in
Washington, the first Sunday
evening, November q, when PA
gliacci" will be given. "Rigoletto"
will follow on December 4.
The cast includes Della Samoil-
off, Rosalinda Morini, Tina
Pacetti, Agnese Robinson, Rosita
Fordieri, Pasquale Ferrara,
Michele Raggini, Ludovico, Edou-
ardo Albano, Giuseppe Roger,
Nino Ruisi and E. Prosperoni.
A large orchestra, chorus and
ballet is being trained by Maestro
Gabrielle Simeoni and Maestro
Attico Bernabini.
The Washington times., 1932-11-04
RUSS PROGRAM
APPLAUDED
BY WILLIAM MOORE

For the second time within a
year. the chaste Constitution
Hall, home of the Daughters Of
the American Revolution, was
converted into a boiler factory
yesterday afternoon when the Ma
tional Symphony Orchestra pre-
sented Mossolov's interesting 80
Wet Iron Foundry" This number
was introduced to Washington
music lovers last winter by the
Philadelphia Orchestra.
It was an all-Russian program.
DR.. Hans Kinder put on a study
in red and white. Plenty of Boil
shevistic diSsonance, tempered
by a leavening Of white" Rus
sian influence.
It isn't music, this Soviet Iron
Foundry" affair. For that mat
ter, nobody takes this sort Of
work seriously, save possibly a
handful of be-spectacled ladies
and gentlemen, mostly of the
late adolescent period of life. But
it is highly diverting, if your
nerves can stand the rat-tat,tat
of steam hammers, the raucous
shrek of factory whistles and
the spectacle of earnest musi-
clans working themselves into a
state bordering on apopleXy.
Kalinnikow'S exquisite sym
phony, played yesterday here for
the firsC time since the war, was
admirably done by DR.. Kinder
and his men. Other outstanding
contributions to an interesting
program were Liadow's Musical
Snuff Box; excerpts from Rim
Sky-Korsakoff's lie Cog dot"
and Moussorgskys Pictures from
an Exhibition"
The Washington times., 1932-11-04
POtterS to Present
PuDiLS in Musicale

Mr.. and Mrs. Louis Potter will
present their pupils in a studio
musicale at 1925 G st. N. W.,
Sunday afternoon at 4 o'clock.
Among the participants will be
TheodoSia ArmeS, Rhoda. Doyle,
Gene Edelin,, Mel Yuen Hoover,
Selma Zimmerman (pupil of Esther
Spier), Dorothy Sansbury, Mar
gerry League. Jeanne Baade, Fred
Gross, Bertha Morgan, Esther
Spier, Mildred Colvin, Rachael
Merritt, Theodor Morgan and Mr..
Potter.
The Washington times., 1932-11-04
.TOSCAN|N| HERE
FOR ) DATES

Arturo Toscanini, dynamic Ital-
ian orchestra maestro. comes to
Washington this season with the
New York Philharmonic Orches.
ira, on December 13, January "a
and March 7.
ToScanini demands perfection
at all times, from himself as well
as from the men, and to get per
fection he commands, beseeches,
threatens, storms and cajoleS.
"Secondi violini." he exclaimed
once, sinking to his knees and
claSping his hands towards the
astonished second fiddle section
"See / pray to yOu-give me
the pianisSimO 1 deSire-I pray
to you on my knees
But when the bass clarinetist
failed to appear in time to blow
his one or two notes in Till Eu.
1enSpiegel," Toscanini shrieked
assassin" and clutched his head
in despair.
Yet his modeSty is as colossal
as some mems egotism. When he
is satisfied with himself and his
men, he signals the orchestra to
rise and bows with them, himself
as intergral part of the organiza.
ton.
For the orchestra he is a dis.
embodied, perfect ear, and it
obeys him like a man under a
spell.
His memory, contrary to natural
law, seems to grow keener the
older he gets. Reposing indelibly
in his mind are 80 operatic
scores, the standard symphonic
literature, and a thousand muSi
cal odds and Andc
The Washington times., 1932-11-04
Nicaragua Election
To Be Quiet. Belief

State Department advices from
Nicaragua indicate that Sundays
elections there will be quiet and
orderly. All districts are patrolled
by Marines.
Registration is the largest on
record. The Conservative ticket
has nominated Don Adolfo DiaZ
for president and Emiliano Cha
MORO for vice president. Their
Liberal opponents are DR.. Juan
Bautista SacaSa and Rodolfo
ESpinoSa. SacaSa was formerly
minister to this countyr.
The Washington times., 1932-11-04
Faith viii Conquer
Fear, SGHS TunluLtu

CAMDEN, N. j., Nov. 4 (U.SJ.
America was built on faith, and
will not succumb to the doctrine
of fear preached by President
Hoover, Joseph P. Tumulty,
Woodrow wilson's secretary, de-
clared here last night, adding:
Happily, under the spell Of
the many promises made by
the President, we have now be-
come squawk and fear-prOOf."
The Washington times., 1932-11-04
Legion viii Honor
SchILnt1nn-Heink

Nine. Schumann-Heink, famed
singer. who had two sons in the
World War, is to be honored to-
night by the District Department
Of the American Legion. A bou,
quet will be presented to Nine.
Schumann'Heink at the Earle
Theater.
The Washington times., 1932-11-04
De SGyn Program
Stars y. S. Writers

A program of compositions by
American composers will be given
November 10. at 1706 L st. N. W.,
by Elena de Sayn, Washington
viclinist.
The Washington times., 1932-11-04
SEEK ALTITUDE RECORD

LONDON G.NSO.-The British
air ministry is completing plans
for an aeroplane which it hopes
will beat the worlds altitude
record,
The Washington times., 1932-11-04

Rooms =. some with privilege OF
eating at the family table can be
rented through the Rental Columns OI
paper.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1932-04-20
lntensiflcatlon OF the Wage
Cutting Drive
BY MAX WEISS.

BY MAX WEISS.
THE wage cut of is percent announced a few
days ago by the United States Steel Com
pany the third one in 20 months, affecting over
100000 workers is but slight indication of the
wholesale wage slashing campaign upon which
Wall Street has embarked
In every industry and in all sections of the
country terrific drive has been in progress for
over years aimed at reducing the living stand
ards OF the workers to the absolute physical mini
mum OF existence.
This wage cutting drive is one Of the largest
single items in the entire plan of the capitalist
class to place the full burden of the crisis onto
the shoulders OF the masses. 1t takes place
against background Of deepening crisis in
creasing unemployment unsupportable taxation
projects narrowing relief" base on the verge of
complete collapse, and against the background of
an inflationary perspective that will complete
the task Of robbing the worker of his last dollar
by robbing the dollar Of its last few penny VAL
ues
The full extent of the fierce inroads which the
capitalist class has made into the living stand
ards Of the masses may be partially gagged by
the report of the National Industrial Conference
Board. A survey made by this institution re-
veals that fully four out OF every five concerns,
including manufacturing, extractve industries
transportation, other public utilities, wholesale
and retail trade and financial institutions have
cut wages and salaries to the bone In addition
TO direct wage cuts, the investigation uncovered
the fact that unemployment has increased by
fully 26 percent on the basis of the crosssection
investigation.
The following statement by Magnus W. Alex
ander president Of the National Industrial Con-
ference Board uncovers the cold blooded DELHI
Grafton with which the capitalist class en-
barked upon and is intensifying its ruthless
drive against the very right to exist of the mas
ses
when the results of the investigation are
viewed broadly the significant facts are seen TO
be; First, private enterprise in response to the
necessities of the business depression at first
curtaied operations, with consequent reduction
in employment, in the effort to maintain the
level Of earnings of those retained In employ
mento
Second, when the necessity OF drastic
reductions in operating costs, beyond those
made in the interests of efficiency and ina
proved methods demanded that the cOmpen-
sation Of employees be reduced. Executive
and general salaries were first lowered and
GSett9g ~ wage gasss was aprlisS only W. y