davidaulloa/AmericanStories huggingface dataset:
The border vidette., 1932-05-21
'Traylor Finds Too Much Silence
Responsible for Business Slump

from. Little or no consideration was
given to the nature of the businesses
involved; In one instance, for example,
soaps and candies were united. Such
combinations and mergers were pro-
NOTED and securities were sold on the
theory, that temporary earnings de-
rived from false demand would not
only continue, but would forever in
crease.
Furthermore, these securities were
not sold to those in position to buy,
or who could buy for investment pur-
poses, but rather to those less able to
buy-to men and women fascinated by
high-powered salesmanship and an i'm
born desire to gamble for big profits.
Was such financial leadership calcu-
lated to inspire confidence or make
for an economic stability which in
sures social welfare? l am afraid not.
But financial leadership did not stop
there. 1t actively promoted the pur-
chase OF equity stocks and split its
own unit OF stock par in order, as it
said, to bring its market values within
the reach of the small investor. May /
add, parenthetically, that such action
would have been unnecessary for
their purpose had they waited only a
few months.
Financial leaders organized and
promoted so-called. investment trusts
to give the small investor a chance
to profit from wise financial leader
ship, made foreign loans OF specula-
tive value, and, altogether, followed
the procession obviously intent upon
getting theirs while the getting was
good.
Must Chart New Course
Are we to have a repetition Of this
kind Of financial leadership? If it be
the life-blood of the nation, and that
there can be no economic stability or
social progress without sound finan-
cial structure; and if it be true-as
also believe-that no financial sys-
tenn is sounder or more useful than
it's management, then financial leader
ship in this country must take stock
of itself turn over a new leaf, and
chart a new course Of conduct for it's
future guidance.
II it be objected that not all fnan-
cial leaders are guilty Of such mis-
conduct-and certainly there are some
who are not-the indictment, never
theless, stands. AS far as the record
discioses, not one had the courage to
fight in the open against the tenden-
cies he knew were wrong and to de-
mand right-about-face knowledge
is one thing, but courage of leader
ship Is another.
The border vidette., 1932-05-21

uscript Division. Library of Con
gress, editor Of the George
Washington Diaries. Dr.. Fitz
patrick's entire life has been de
voted to pure scholarship, and
be stands foremost among au.
thorities 10 presenting the facts
of Washington's life as drawn
from bis own hand.
The border vidette., 1932-05-21
CUsTAIL COST OF GOVERNMENT

Recently published figures on
Arizona tax levies and on indus.
trial and business activities in
the state last year aptly illus.
trate the urgent need for i'm.
mediate curtailment in costs of
government of all kinds, as is
being sought by public officials
every where.
AS represented by city, coun.
ty, district and state tax rates
applied to their respective valu.
alton, $21, ,8O1, ,557 was levied in
property taxes in Arizona in
1881, according to q recent issue
of the Arizona Taxpayers Mags.
zine. Adding net gasoline tax
collections of $3,204 ,288 for the
calendar year, direct taxes levied
10 the state totaled $25. .O5, 1876
for all purposes except federal.
While these figures do not
allow for delinquent taxes on
the one hand. or for other re-
ceipts on the other, they eea
illustrative of the net cost Of
state and local governments 10
Arizona citizens. In other words,
it cost $68. 500 per day in tax
money to operate govern mental
agencies and services, other than
federal, in this state, or $57 per
year for every man, woman and
child living here.
The magnitude of the tax
burden is shown by comparing
this tax levy total of $25. 900, 900
with the returns of productive
activity in the state:
! It was s., 5000 more than
the total value Of all crops pro.
duced ia Arizona last year.
It was equal to two-thirds Of
the total value of mineral pro.
duction in Arizona last year.
1t was nearly three times as
much as the total value OF all
livestock sales in Arizona laat
year.
1t was 80 per cent of the com
bined total value OF all farm,
livestock, mine and lunber pro-
duction in the state-the basic
income On which Arizona bust.
ness and employment depend
primarily.
It was % per cent OF the com.
bined total value of all basic
commodity and manufacturing
production 10 the state.
A recent issue Of the monthly
Arizona Business Review issued
By the Arizona Industrial Con.
gress estimated the combined
production value of all produc.
ing Industries in the state in 1881
at $50, 900 600. This included
$50, 500, 900 as the value of the
states metal production, as re-.
ported by the u S. Bureau of
Mines; SIG. 500, 600 as the value Of
all crops, as estimated by tbs U.
S. Bureau of Agricultural Eco.
nomics; SO. 10000 for crmbined
value of cattle. sheep. lamb,
wool and mohair sales ;$1 900. 600
for lumber production, and $2O..
600, 900 as q maximum estimate
for prod uction of all other manu-.
facting, processing and mechan.
ical industries. This year. With
many mines closing down. and
crop and livestock prices still
Improbable, the totals will be
even less.
Comparing these figures with
tax levy of $25, 900, 900 gives
some explanation of the strenu.
Gus efforts that are being made
to effect all possible economies
in costs OF government this year.
for taxes enter into the cost OF
every article made end sold, and
! in the lOnU run avprv hOdv r1ava.
The border vidette., 1932-05-21

it has followed. Un'
fortunately, 1t has
had the coopera'
tion of finance and
governIn cnt and
will likewise have
to have their CO.
operation in adjust
ing it's affairs to a
saner course. What,
in fact, did the
leaders of finance
90 to encourage
the 9 Xpan s j o Il
which took place in
a.
The border vidette., 1932-05-21
Chicago Banker Traces Crash
to Failure of Leaders to
Give Warnings
Danger Signals Disregarded

Speaking before the International
Chamber of Commerce at Washington,
Melvin A. Traylor, President of the
First National Bank OF Chicago, S, id
in part:
Business management, however. is
not alone responsible for the course
The border vidette., 1932-05-21
ARIZONA WEEKLY INDUSTRIAL
REVIEW

| REVIEW
Wilcox - Orville G.. Downs
purchased Wilcox Service Sta
ton from II. T. Hall.
Camp Verde-S. F. Lyons
making plans for shipment OF
five tons high grade gold ore
from his property.
Winslow-Bids to be called
soon for construction Of Iodian
sanatorium and hospital here.
Flagstaff - Alabama Freight
CO. purchased Flagstaff Phoe-
nix franchise from Lightning
Delivery Co. of this place.
Camp Verde-Work on new
81, 600 Arizona Power Co. line,
carrying electricity to farmers
across Verde River from here.
completed.
Tombstone-Work started on
Federal aid project 79 F. g.
miles from here toward St.
David.
Flagstaff-Glen Skiles opened
Indian rug and curio store in
Hotel Monte Vista.
Camp Verde-Actual construc
ton started on Verde River
bridge just above town.
Prescott-Bids opened for ex.
cavatjon for proposed Banning
Greek Dam.
! Oracle-Bids opened on cleo
trio lighting plant, electric wir-
inl, and refrigeration plant for
NJ Asonic Home at this place.
| Prescott-Mounta tain lodge cost
ling about $12, 900, and Is new
houses for summer residents, in
cluded in building plans drawn
for Improvement and develop
ment of Hassayampa Mountain
Club near here.
Phoenix-Interior alterations
made at 10 w. Adams Street,
to provide new Office aud store
space for Miller Sterling Co.,
formerly of AZ N. Central Ave.
Tucson-L. p. Wehrle took
out permit for construction OF
81 900 residence at 1130 E. Helen
Street.
Prescott - Mountain States
Telephone & Telegraph Co. ia
sp sud about 500, 900 on iustalla
tionof dial-system telephone ex.
change and new building here.
Phoenix-Great Western Bust
ness College opened st 1874 N.
Central Avenue.
| Fort Defiance - Plans being
prepared for Indian School to be
erected at Kleg-a-toh to cos,
$17.5OO.
| Jack Stewart purchased hall
interest 10 Aztec Lodge, summer
resort located in Sierra Anchas,
east OF Roosevelt Dam.-Builder
and Contractor, Phoenix.
! OBSERVATION-DISCLOSURES Re
| atty and Sales Co. purchased
Sahuaro Hill addition on East
Speedway.
| Phoenix-Robert E Mckee, FL
Paso, who received $4,000 con
tract for foundation and sub
basement walls for new Federal
building here, sub-let his con.
tract to Lac Francis of this place.
Chandler-W. G. Moore receiv
ed contract for installing fixtures
in new post Office here.
Phoenlx-Bids called for paw.
ing alley in block No. I, Ever
green addition.
Williams-F. A. Hill and Ma
nuel Vielna received contract
for erection of new club house
for Williams Country Club.
Phoeuix-Merchauts and Man
ufacturers Association and Ari.
zona Association of Credit Men,
effected arrangement for join,
operation and use of Office space.
Tucson - Trinidad Creamery
Co. leased building and plan,
formerly known as College Ice
Cream Co. on College Road a,
E. Third and Park Avenue.
Casa Grande-C. G. McMurpby
purchased Hall Hardware aud
Supply Co. from George Hall.
uscript Division. Library of Con
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-05-06

many of them just around the corner, will
be the answer to your touring queries. -
Hyou own car, you can certainly go places
this season, and you can cover more ground
talower cost per mile. For STANDARDIZED
CRowN-the better gasoline-willtakeyo
toplaceS you have never been before. Every
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-05-06

IF YOU OWN A CAR, then you should
have copy of this fascinating booklet,
"PLaces to Co.. 1t contains more than one
hundred illustrations of attractive scenic
spots in the great Mid West, and describes
manymore. IttellSyou where they are-and
how to get there. These interesting places,
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-05-06

atom of this gasoline is bursting with eager
energy. - 1t stays on the job-it never lets
up furnishing power, and more power,
to your engine. It's seasonally adjusted. Ad
justed to economic conditions, too, for it
gives maximum performance at moder-
ate price. - 1t Burns Clean at Any Speed.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-04-05
Hughes and
Ross Clash
WeIters Top Forty-Round
Mitt Program at
Armory.
TONIGHTs LEGION CARD

Ten Rounds-Barney Ross. Chicago. VS..
frankie Hughes. Clinton; junior weiters-
:. Six Rounds-Henry Hook. Elwood, vs.
Jimmie Fox. Indianapolis; bantamweightS'
six ROunds-PauI Farmer. Anderson. VS..
Johnny Hughes. Clinton: junior welters-
Six Rounds-Dutch Batting. Morristown.
VS.. ROY Stevens Tulsa, Okla; junior well
tiers.
Four Rounds-Jimmie shannon. Indian
apols. VS.. Tim Shea. Indianapolis; feathers.
-Four Rounds-Chuck Cline. Madison. vs..
Wayne Murphy. Indianapolis; heavies.
-Four Rounds-CIiff Stickler. indianapolis
5. Bill Carson. indianapolis; mtddiewelgnts.
Frankie Hughes, born in Scotland
twenty-four years ago and present
holder of both the Hoosier welter
and junior weller title belts, will
face Barney Ross, Chicago Hebrew
born in New York, twenty-three
years ago, at the Armory tonight
the match being the ten-round
feature of the weekly Legion mitt
show of forty rounds.
Both Ross and Hughes had
brilliant amateur careers and won
national titles before turning pro
glove tossers, and since entering the
sh-and-carry field have gained
much fame. Hughes boasts of never
having been knocked down in his
whole career.
The supporting bouts seem to
measure up to those of recent
Legion shows and promise lots OF
action. The show will start prompt
ly at S:15. Victor McLaglen, who
played Captain Flagg of "Sez You
fame in What Price Glory will be
guest of the Legion at the ring
side tonight.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-04-05
Pin Gossip
BY LEFTY LEE

=. a gTecIheck BY the secretary Of the Medi-
dividual championship of this loop by
margin of three pins oyer, DR.. Kemper.
had been rolled. credited Kemper with the
lead. SO the recheck is sure to please DR..
Click. Members Of this loon will hold their
PLAYERS who have participated in any of
this loops games are requested to attend.
Campbell was on his way to a real total
at Pritchetts. with games of 800 and 221.
but dropped to 1879 in his last try for
from Monuments as Curves H and nd Rip S Raps
won two from Tangents and Slabs in team
play.
Two. veterans of the optimist League
hattled it out for high three-game total in
$50 to s25 e Never " shoWed UV With hO 615 one
pin in front Of Jess Pritchett. Triple wins
r ruled Is, the team play; Cherries; Happy Days.
Best Evers. Boosters and SunnysideS.
Two PLAYERS in the TRANSPORTATION loop
reached the 600 mark. Miller leading with
G and n ", and Wabash. won won two ES9 games
Penns7: 3. O.. and indiana fndianapo SUI Union 81
Railway took three from N Y. c., Illinois
Central and the Monon Route.
Becker and Behrens were the reason the
Cards took the rubber from, Dodgers dur
ing the Liz s2 League n1 g9y these os
and Giant salso slipped over an odd game
win on Athletics, and Indians; while
White Sox and Senators to their liking
taking all three games.
Rigsbee and Moomaw rolled dandy counts
to take front rank in the Insurance League
and 2o7 to total $40, while Moomaw rolled
COZ. IN team play. Mutual Life and In
Insurance and Reserve Loan Life. while
Rough Notes and S. S. & S. won the odd
game from Empire Life and Gregory e. APP
pei.
sch ssa bad s54 - With games games; Of "a 22o
bers Of p ths 9 BIND 5s family IN their ne
UP. and they lost the rubber to Heads.
Hides also lost the od O., game gan to Names
With the high game of 242. Claws and
Teeth cleaned up on the Whiskers and
Ears. in the other contests: Krutsinger
with an even 600 count.
Two to one was the verdict in the St.
Joan of Arc session on the Uptown alleys.
mails and Lone Star Cement defeating
leNcs and Garland Foundry, 900 counts
we're punched. Miller and Schneider being
tied for top honors at 500. Argus. rolling
went to Lichtenberg with score of 235.
Rawson started slow during the. Fra
ternal League plav on the Illinois drives;
hut followed up with games Of 234 and
243 to lead this loop with score of 649.
e. Hickman finished 400 start with 234
to total 634. Grotto was the only team
able to win three games the Brink team
being the victim; Gun clR5; Regal and d
and Howdv Club. during the other con-
tests.
In addition to leading the Gibson League
with a score of 583. Earl Bright led the
Super Service team to a triple win over
the Plymouth quintet during the Gibson
Company riay on the ELI, Illinois drives I've. All
out three route G. M Radio. Gates
Tires and Perfect Circle defeating Arvin
Heater PennZoil and Norge.
Fall CITY Lager defeated Union Title in
their .snecial match on the Parkwey al
levs 1850 to 1904. Frank Hueber starred
for the winners with a score of $40.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-04-05

AT LOUISVILLE. Ky-Jimmy Buckler
rouisviile. 1873 hammered out a ten-rouno
decision over Jimmy Lambertson, Misha'
waka. Ind. l22.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-04-05
High Scores Mark Play in
Dixie Amateur; Wilson Leads

of 1876 competitors today as he
started out on the last half of the
thirty-six hole qualifying round of
the thirty-second annual North and
South amateur championship.
Wilson, the stalwart linksman,
who held the Maine amateur title
twice, carded rs Monday, an ex-
cellent tally in view of the high
scores turned in by most players on
the difficult No. 2 Pinehurst Coun-
try Club course. Moreover, d tricky
wind bothered the contestants. He
made 40 going out and So coming
back.
Tied at n for second place were
John D. Chapman of Greenwich,
Conn, national senior champion,
and Chandler Harper, Virginia
Beach, Va, 1880 amateur champion
of his state.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-04-05
Blues Maui
Detroit Nine
By United Press

By United Press
KANSAS CITY, April 5.-Detroit
Tigers play the last of their series
with the Kansas City Blues today.
Eighteen hits, ten for extra bases,
gave the American Association club
a II to triumph here Monday, the
Blues third straight win in the
series.
Bob Boken, K. G. infeIder, had a
perfect day at bat with homer,
two triples, a double and single in
five trips. Wyatt, Detroit starting
pitcher, gave up fourteen hits and
ten runs in six innings and Bridges
finished. Bayne and Thomas hurled
for the Blues, the latter allowing but
three hits in five innings.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-04-05
MAT EVENTS SIGNED

T'wo-thirds Of the principals on
the six-bout wrestling program at
the Armory Friday night have been
signed. Black Panther Mitchell,
Negro middleweight, and Johnny
(Swede) Carlin hook up in the
main event for two falls out of
three.
In one of the five supporting
bouts Charlie Bobo, Indianapolis
heavyweight, will tackle Ralph
Hancock of Elwood. Others on the
card, for whom opponents are be-
ing sought, include Speedy O'Neil,
Harold Sims and Art Craig.
The feature of the evening will be
a wedding in the ring of j. E. Gar
ner, local sportsman and match
maker, and Miss Georgian Lembert.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-04-05
Ruth, Gehrig and Other
Yankees i'm Exhibition
Indians Tackle Toronto Again Today Before Facing Big
Leaguers; John Berry Delivers Three-Hit Victory
Against Leafs Monday Going Full Route
BY EDDIE ASH
Tines Sports Editor

Following the fourth and last exhibition tilt with the
nationals stadium this afternoon
tackle
Wednesday
Babe Ruth and Lou Gehrig
famous stars Will perform in the New York lineup and the contest will
the close OF thee-game
Tribe and Yankees split Florida
the Hoosers the battle
Mccarthy New York pilot doubtless
ton the full distance for by league
club Ernie Wngard anky outhpaw
starting assgnment the mound.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-04-05

The Yankees knocked off the
Colonels in Louisville Monday, 9 10
6, before a crowd of $500. The Big
BAN batted in three runs with a
single and double and Joe Nc
Carthy, former Colonel chief, was
entertained in big way by his old
friends in Derbytown.
Two Rookie Phenoms
Included in the lineup of the
Yanks here Wednesday will be Ben
Chapman, base stealing king, and
the two rookie gems of spring un-
der the Mccarthy banner, Frank
CroSetti, sensational Shortstop, from
the coast, and Jack Saltzgaver, sec
ond sacker, the st. Paul lad who
gave the Indians many headaches
during the 1881 American Associ-
alton campaign.
Manager McCann's Tribesmen
made it two out of three with To-
ronto Monday as John Berry turned
in a brilliant display of hurting on
the home firing line. The score was
4 10 2 and the fracas went to the
sixth inning before the plate was
c7c-eed. Berly gave up only three
hits, but showed a little wildness at
times.
Two Doubles for Mccain
Berry worked the entire game and
is the second Tribe finger to pro-
! duce over the nine-inning route
Archie Campbell having preceded
him with two complete assignments
Manager Mccain walloped two
doubles and delivered in fancy style
in the field. Sammy Hale, the vete-
ran at third, also tickled the In
dian chiefs by collecting two safe
ties, one for two cushions.
Toronto scored in the sixth after
one down. Sax walked and chalked
up marker when Fitzgerald missed
Davis drive in right center after
hard run. 1t was a tough chance.
In the Tribe sixth Mccain was
struck by pitched ball, Purdy
singled, Hale doubled, scoring Nc
Cam, and Purdy registered on
Fitzgerald's long fly. A single by
Rosenberg brought in Hale.
Both Score in Eighth
In the eighth Sax walked after
one out, Davis flied out and Dol
jack scored Sax with double. The
Indians countered for their fourth
run in their half of the eighth when
Fitzgerald reached first on Mich
aels' tumble, sprinted to third on
RoSenberg's safety and scored on a
deep fly by Sigafoos.
Cantrell, highlander, and Mill
gan, southpaw, toiled in the box
for the Maple Leafs and the for
mer proved a puzzle until he lost
his endurance and was batted hard
in the sixth.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-04-05
indianapolis Awarded 1893
State Women's Pin Event

/ second vice president, and Helen
Kritsch, indianapolis, secretary
treasurer.
Freda Terhorst of Terre Haute
was on her game and took three
medals during the title play just
closed at Evansville. Her SGT car
ried off singles honors and she
shared the doubles crown with
Francis Webster with a count of
1869. A nine game total of 1,677
gave her the all-events laurels.
Mcdaniel and Bunch of Indian
apolis took second place in the dou-
bles with a score of 1,043. In singles,
Race Johns was first among the
local girls, her SAB score being good
| for fifth place.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-04-05
Derby. Hopes
Show Form

By United Press
LOUISVILLE, KY, April 5.-Tak-
ing advantage of favorable track
and weather conditions, many Ken
lucky Derby candidates were out for
exercises today and some good trials
were reported. Featuring Mondays
work was the 1903 3-5 f1ve-furlongs
gallop of Manners. His stable mate,
I Say, FLY and half sister of Top
Flight, worked one second slower
and Cathop was timed in LOS
breezing.
Two stars from the Iona stable,
Tick On, one of the Derby favorites,
and On Post, are working out at
Belmont Park, N. Y, and horse
men pronounce them in great form.
They have galloped the mile in good
time, along with M. L. Schwartz
Barcelona Pete.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-04-05
Hockey Title
Series Starts

By United Press
NEW YORK, April 5.-Hockey's
worlds series opens tonight at
Madison Square Garden when the
New York Rangers clash with the
Toronto Maple Leafs in final
matches for the Stanley cup. New
York'S puck chasers are 6-to-5
favorites for tonight, but betting is
even on the series. A capacity crowd
of $4,000 is expected.
The second contest will be in Bos-
ton because a circus moves into the
Garden Tuesday. The series will be
concluded in Toronto. The first
team to score. three victories will
succeed the Montreal Canadiens as
worlds champions and holders of
the coveted Stanley trophy.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-04-05
Dodgers Near
End of Tour
By United Press

By United Press
MACON, Ga, April 5. - Max
Carey's Dodgers are nearing the
end of their training trip. They
open a two-game series here today
with Hartford and play at Norfolk
on Thursday. They will arrive in
Brooklyn Friday in time to engage
the Yankees at Ebbets field.
Although Lefty Clark pitched hit
less ball for five innings, the Dodg-
ers were forced to share honors with
DOME Bush's Minneapolis Millers at
Montgomery, Ala, Monday, in a 3
all ten-inning tie. Two hits Off
Waite Hoyt and SHADES error gave
the Millers the tying runs in the
sixth. Hack Wilson got two of
Brooklyn's seven hits off Wilson.
Brillheart ana Ryan.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1932-04-05
Coast League
Race Starts

By Times Special
SAN FRANCISCO, April Slight
Pacific Coast League clubs opened
the 1882 pennant battle today. San
Francisco's Seals, 1881 champions,
battled the Seattle Indians here in
the lid-lifter minus the services of
many of last years stars. The Seals
face a hard battle to retain their
laurels.
Portland, the most improved club
in the circuit, is ranked as a strong
contender. The Beavers opened
against Los Angeles. Hollywood,
1881 runnerup, invades Oakland,
while the San Francisco Missions
journey to Sacramento. Due to poor
attendance at exhibition tits, most
of the coast league clubs are plan
ming to turn to night baseball soon