davidaulloa/AmericanStories huggingface dataset:
Evening star., 1933-06-12
GARRARD WINSTON
DEFENDS MITCHELL
Former Undersecretary of
Treasury Says $685. ,666
Was Not Income.
BY the Associated Press.

BY the Associated Press
NEW YORK, June 12.-Garrard B.
Winston, former Undersecretary of the
Treasury, told jury in Federal Court
today that in 1929 he had, as counsel to
the directors of the National City Co.,
told officers of the company that
81 100000 they had received from
management fund that year could not
be regarded as personal income"
Included in the 81 100000 was the
sum of S666, ,666.67 paid to Charles E.
Mitchell, then chairman of the COM
pany. Mitchell's failure to report the
amount in his 1929 income tax return
is the basis of one of the charges of
income tax evasion for which he has
been on trial the last month.
Tells of Advice Given.
Testifying for the defense, Winston
said he came from Washington to New
York to resume his career as a lawyer
in 1927. AS a member of the board of
the National City Co. and as its coun-
sel he wrote the resolutions that formed
the management fund and governed its
distributions.
"In the late Autumn of 1929" Win
ston said in reply to question by Max
D. Steuer, defense attorney, II advised
officers of the National City Co. that
I regarded payments from the manage
ment fund that year as not proper de-
ductions from the company on its in
come tax report and that therefore, it
Of course followed that the payments
could not be regarded as personal in
come by them"
Discussing receipts signed by the off,
GERS, acknowledging their obligation to
pay the money back out of future
profits from the fund, Winston refer
red to them as notes" On an objec-
tion by George z. Medalie, Federal
prosecutor, he was not permitted to say
why he regarded them as notes.
Testifies to Salary Raise.
Under cross-examination by Medalie.
Winston testified of salary raise voted
by the directors June %, 1881, by
which Mitchell's total salary from the
National City Co. and it's afiliates, the
National City Bank and the City Bank
Farmers Trust Co., was increased from
100000 to s200, 900 per year.
And did you have in mind that Mr..
MitchelPs salary would amount to
100000 per annum?" Medalie asked.
YES" Winston replied.
Without asking any questions and
without discussion, Winston testified,
the directors in December, 1880, passed
q resolution declaring that only out of
future management fund profits the
officers would repay the money he re-
ceived from the fund in July, 1929.
II don't know how the word only
got In there" Winston said. "If I did
1t, I did SO inadvertently"
Evening star., 1933-06-12

Of the French language has been most
notable, was awarded to Jacques J..
Reinstein, Savannah, Ga.
The j. de S. Coutinho Medal, founded
by the Portuguese classes of 1901, to
the student who has accomplished most
In the advanced Portuguese course, was
awarded to Benjamin F. Bodell Of
Syracuse, N. Y.
The DR.. James Brown Scott prize
for the best paper submitted on ma
tional1sm and Internationalism" in the
seminar on foreign relations, was
awarded to Herbert L. Ganter of Gal
weston, Tex.
Evening star., 1933-06-12
Army Surgeon Dies
OF Own X-Ray After
l64 Operations
Rx the Associated Press.

BY the Associated Press.
SAN FRANCISCO, June Ia
A victim of his own experiments
in the use of X-rays, Col. Eugene
G.. Northington, So, of the 9Th
Army Corps Area, died Saturday
of infection from X-ray burns.
He had been a patient at
hospital for nine months, while
surgeons operated 164 times in
an effort to save his life, Army
officials said.
Evening star., 1933-06-12

"A delightful soap, offered
twice each year at a very spe-
cial price. Five beautiful col
ors-f1ve delicate odors. White
cake in bouquet odor. law
ender in violet. pink In rose
yellow in verbena. green
in jasmin.
Kann's-Street Floor.
Evening star., 1933-06-12

-Panties, step-ins and vests
cool, dainty, practical. :.
Fashioned by expert design
ers into the most charming
of new styles and sizes SO
to AZ.
Evening star., 1933-12-29
BETTER STOCK MARKET
FORECAST FOR 1884

George A. Garrett, Washington part
ner in Clark Childs & Keech. has re-
ceived a forecast written by w. Chan
ming Burbank. another partner. which
includes these observations regarding
the 1884 prospects:
over long period of time, one OF
the outstanding characteristics Of the
stock market has been its habit of
discountirg affairs to come This
period of discount has averaged about
four months in advance of actual hap
peningS, and the market has heretofore
anticipated commercial and financial
developments with an almost uncanny
accuracy.
L cannot believe that the market
has abandoned this well settled habit
there appears to be no reason why 1t
should-and while there may be COOL
reasons why this discounting process is
at the moment somewhat delayed. there
are valid reasons why it should eventu-
ally again function. At the moment
curious picture is presented-businesS
is undoubtedly ahead of the market,
and is definitely on the upgrade.
That business is absolutely getting
better admits of no argument. Carload
ings prove it-restored dividends prove
it-new dividends prove lt-increaSed
earnings prove it-greater activity IN
all lines and all departments prove 1t,
and admitting these facts, the market
should be discounting these favorable
factors by very considerable rise" Mr..
Charming predicts.
Evening star., 1933-12-29
GASOLINE MILEAGE
DEMANDED IN RACE
Drivers Must Get Better Thar
II Miles to Gallon at In
dianapoIis.
By the Associated Press,

By the Associated Press.
INDIANAPOLIS. December 29.-The
boys who bump around Indianapolis
famous brick oval for gold and glory
at l00-pluS miles an hour for 500 miles
will have to coax better than ii miles
a gallon out Of their roaring charlotS
next Memorial day.
That is what the newest and most
stringent of the rules adopted for the
twenty annual running of the
Speedway classic means Cars VIII be
limited to a ration of As gallons of gaSo-
line for the route. Heretofore there
has been no limit on quantity of Gaso-
line consumed.
Speedway officials took hold Of the
fuel situation for the first time in the
1888 race when the cars were allowed
only 6I2 gallons of motor oil This
rulue Will continue in effect, while a
limit of 1872 gallons on the size of gaso-
line tanks, for the 1888 spin, will be re-
duced to an even Is gallons for 1884.
Most of the previous regulations re-
garding the racing cars had to do with
size of motors. Until three years ago
there had been a decrease every three
years in maximum cublc-lnch piston
displacement allowed but the average
speeds kept mounting as the cars kept
getting smaller. The avowed aim, in
those days, was to get speed without
building hugh power plants.
Now the emphasis is on economy,
hence the stringent limitations on fuel.
Other new rules reflect a determina-
ton to cut down on the accident toll,
unusually heavy in the 1888 race. The
number of starters in 1884 has been cut
to 33, whereas AZ started last May 30.
Another safety rules gives a technl-
cal committee full authority to order
new aXleS, steering knuckleS and steer
ing rods or any other part when, in
its opinion the equipment on an entry
is not satisfactory.
A special committee Of five, appoint
ed at a meeting of the Rules Committee
in Detroit. will pass on drivers quallt1-
cations. If the committee decides a
driver is not capable of driving safely
on the treacherous 2i2-mile oval he
will be ruled ineligible. Two former
race headliners-Harry HartZ and Leon
Duray-are on the committee.
Such a committee will function for
the first time in the 1884 race, it being
one of the steps taken by Capt. E. V.
Rickenbacker, president of the Speed
way corporation to make the race safer.
The qualifying test for 1884, as 1t
was for the first time this year, will be
25 miles. with a 00-miles-an-hour
average as a minimum. Previous to
the 1888 race the qualifying spin was
for only 10 miles.
Evening star., 1933-12-29
Brokers' Comment

BY the Associated Press
NEW YORK, December 29.-Further
rallies in stocks were looked for by some
brokerage house commentators today.
j. S. Bache & Cove are inclined
to suggest a pruning down of trading
positions on additional rallies.
Hornblower & Weeks-Broadened
activity on the upside of the stock mar
ket may very we'll follow as result of
an increase in confidence in the position
of the market, which has been giving
an encouraging account of itself in
face of tax selling.
Shields & Co-There is no reason
to hasten buying, although policy Of
picking up the leaders on dips is war
ranted by indications of resumed i'm
provement early next year.
Frazier Jelke C0.-There has been
a tendency to assume that the trend
in share prices will be influenced
more by legislation and Federal Gov
ernment policies than by the actual
trend in business.
Jackson Bros, Boesel & Co.-Any
doubt that the Stock Market as a
whole could meet successfully the test
of repeated drives at indicated resist
ance levels. aided by the usual year.
end selling, has now been dispelled, in
our opinion.
Evening star., 1933-12-29
Wool Trade Dull,
But Prices STAY
At Strong Levels

BY the Associated Press.
BOSTON, December 29.-The Com
mercial Bulletin of Boston will say to-
morrow:
The manufacturers have shown lit
tie interest in wool offerings this week
although holders of wool are firmly of
the opinion there will be sufficient de-
mand after the turn of the year to ac-
count for all the wool available.
Foreign markets were generally
quiet at the week end, but prices were
distinctly firm and prices seem likely
to be fully maintained after the turn
of the year 1t is estimated that fully
two-thirds of the South American clip
has been sold to date
while the mills are slowing down
at the year end, reports from the
clothing markets indicate better de-
mands from the ultimate consumers.
"Mohair and other miscellaneous
fibers end by-prcducts a cliet, but
I'm il price"
Evening star., 1933-12-29
u. S. EXPORT AGENCY
MAY BE ESTABLISHED
Roosevelt Discusses Creation Of
Corporation With State and
Agricultural Officials.
Nv The Associated Press

By the Associated Press.
A Government export agency in the
nature of a private corporation may be
established with Government financial
assistance.
President Roosevelt discussed crea-
ton of such a corporation with State
and Agricultural Department officials
yesterday. and while no conclusions
were announced, George N. Peek, head
of the temporary Foreign Trade Cor
poration, and other officials indicated
they were confident of arranging a per-
manent set-up.
Shortly before the conferences Sena-
tor Norris, Republican. Of Nebraska
suggested that full benefits from recog
milton of Russia through increased
trade interchange of farm and factory
products might be gained by setting up
such an agency to buy and sell domes-
tic supplies abroad either on cash or
credit basis
He made the proposal to former Sen
ator Brookhart, Agriculture Department
Russian trade adviser. for submission
to other interested departments.
Evening star., 1933-12-29
CHICAGO PRODUCE.

CHICAGO December 30 lP.-Poultry.
Leshorn hens, Q: Rock spJinss. dd4al5; col
s. hen turkeys. I6 young toms, Is; old
toms. 10; No ,, 10; ducks. 10al3; geese IA.
Dressed turkeys firm; prices UNCHANGED
Butter, 9.511: easy; creamery, specials
Ca3 score> Isa1si2; extras (22l: 17is; ex-
ira hrsts t9Oa9D. 1634 II; hrsts fSS-S9l g.
16aI61.: seconds (s6as9l- 15lz; standards
Eggs. 5.306: firm: extra flrsts. c1: fresh
graded firsts, 10; current receipts, lsl2. ., ,
Potatoes 46. on track, 1862. total United
States shipments. ass: SLIGHTLY stronger;
ing light account of weather; Idaho Russets
U. s No. l. open mug pack. few sales so:
regular pack few sales 17Oa1.75: U. S.
commercials few sales 1.50al .55; Wisconsin
round whites, U. s No. l. 155; u s. COM
mercials. As; Colorado McClures, U. S. No.
l. sew sales 1.6Oa1..0.
Evening star., 1933-12-29
ROCK ISLANDS NET UP.

! CHICAGO, December 90 (P).-The
Rock Island Lines net railway operat-
ing income in November, 1888, exceeded
by Sl68293 the income during Novem-
Der, 1882, officials of that road an
nounced The net operating income,
SO 328. was far under that for october,
however. The October figure was
S48647l,
Evening star., 1933-12-29
Secondary BONDS
TEND TO ADVANCE
loW-PriCed Rail, Utility and
Industrial Issues Rise.
U. S. Group Up. 4
BY BERNARD S. O'HARA,


NEW YORK, December 29.-Demand
for secondary issues broadened in the
late trading and impaired decidedly
firm tone 20 the bond market today.
United States Governments and prime
corporate loans also improved their po-
sitions to some extent. In the Federals
the gains ran from l-32 to 9-32 of
point, barring Treasury Ss4s, which
were off 5-32.
Strong features in the lower priced
group included Loew's 6s, National
Dairy Products SIPS, Postal Telegraph
SIS, Armour g. Co. 4l2S, Allegheny Cor
poration 5s. American G. Foreign Pow
er SIS. Utility Power & Light 5l2S and
Youngstown Sheet & Tube SIS.
A firm tone prevailed in the foreign
section, with British and French issues
showing the most substantial advances.
Evening star., 1933-12-29
SMALL DROP EXPECTED
IN BlTUMINOUS OUTPUT

The National Coal Association, from
incomplete car-loading reports from the
railroads. estimates bituminouS coal pro-
duction in the United States for the
week ended December % as approx
mately 100000 net tons. Production
for the corresponding week in 1882
was 7,667,0OO tons; in 1881, 5,387 900
tons.
The report of the Bureau of Mines
shows production of 6,640,000 tons for
the week ended December 9 and 1850,
900 tons for the week ended December
is. 1888.
Production. calendar year to Decem-
ber %: 1882, 297879,000 tons; 1888
221 SIT 900 tons subject to revision).
Evening star., 1933-12-29
POWER OUTPUT LARGER.

CHICAGO, December 20 LP).-The
electricity output for the Chicago dis
trict for the week ended December %
was per cent greater than for the
corresponding week last year. The per
centage comparison made the best
showing in the last five weeks. The
output for the period was los, 10000
kiloWatt hours.
Evening star., 1933-12-29
DEMAND IMPROVES.

NEW YORK, December 29 R-
An improved demand has appeared III
the gray goods market for combed
goods, lawns and fine fancy goods
Printcloths and other coarse construc-
tions continue slow
Evening star., 1933-12-29
MARKETS WILL CLOSE.

. NEW YORK. December % lP)-
Leading commodity markets will be
closed Saturday. as was the case last
week, for an extended holiday week
end. Security markets in New York
will function as usual
Evening star., 1933-12-29
NEW BANK CALL
IS EXPECTED SOON
National Banks Likely to Get
Request for Reports
Within Week.
BY CHAS. P. SHAEFFER,

National banks of the country are
expected to be called upon by the con-
troller OF the currency within the next
week for statement of their condition
as OF the close Of business December 30.
The last call each year has been set
by custom as OF the close of the busi-
ness year SO that records for the calen-
dar year will be complete
AT least three reports yearly are re-
quired to be mailed to the controller
by each national bank, verified under
| oath by the president and cashier, and
atteSted by at least three directors,
giving in detail the resources and
liabilities on any day specified.
Expected to Be Favorable.
Treasury officials believe the forth
coming statement will be favorable as
compared with last year 1t Is pointed
out that there have been some with
draWals of net demand oeposit due to
the prohibition against interest pay
mentS on such accounts, but much Of
the amount thus withdrawn has been
replaced in time deposits In addition,
Government deposits are believed to be
at least half a billion dollars in excess
OF last year, due to Federal efforts to
expand bank credit.
Likewise. officials believe the immi-
nence of bank deposit insurance has
entlced considerable amount of cur
rency out OF boarding within the last
few weeks. In addition. many national
banks have been restored 10 full opera
tion since the last call
The present law providing for a
minimum OF three calls annually was
passed on December %. 1922, super
Seolng one requiring minimum Of four
yearly calls.
Warning Repeated.
The Federal Deposit Insurance Cor
porauon has again warned banks that
they are not permitted to advertise their
prospective connection with the tenn
porary insurance fund until it becomes
operative on January l.
The relteratlon, it was said, was oc-
caSloned by the fact that considerable
confusion has arisen in many localities
due to delay in delivery of the member
ship certificates. In some cases those
banks favored with prompt delivery
have been advertising membership in
the Insurance Corporation while others.
equally eligible. have been powerless to
act cue TO non-receipt Of their certih-
Gates.
The formal prohibitory regulation to
banks reads as follows:
mo bank shall hereafter advertise
its prospective connection with the tenn
porary fund of this corporation (Fed-
eral Deposit Insurance. by any form
OF announcement or publicity, nor shall
any bank announce or advertise that it
Is, in fact, a member of the temporary
fund of this corporation or that its de-
pOslts are insured within the limitations
Of the banking act Of 1888 until an
nouncement Of the name of such bank
as member of the fund has been made
under the authority of the board of di-
rectors Of this corporation"
Since this order was promulgated on
November % the corporation has de-
cided against making public the names
of banks which qualify. Thus display
Of certificate will be the only means Of
identifying a State bank member Of
the fund.
Member banks and national banks
automatically become members under
/ provisions of the banking act.
Evening star., 1933-12-29
SILVER QUOTATIONS,

NEW YORK. December 90 LP)-Bal
silver quiet and unchanged at 443a.
Evening star., 1933-12-29

The tolIoWtng reUie1U of the ,Deek's
activities in the livestock markets
has been especially prepared for the
Associated Press by the United
States Department OF Agriculture.
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1933-09-15

steps of the mseaders in the American Federation of Labor
to line the farmers for the MIRA Just as the A. F. Of
L. leaders are attempting to line up the workers.
The immediate purpose of the Des MONIES meeting is
prepare code just and equitable to both farmers and
other of society (bankers Federal Banks etc. per-
apsEd that the President of the United States cannot
in harmony with justice, ignore it."
What can the farmers expect from Mr. Renos negotia
lions with President Roosevelt for the preparation of code
for the farmera code which he has probably already dis
cssed in secret conference with Roosevelt or his big bench
man? We can expect the results from RenoS last
negotiations with Roosevelt-BETRAYAL.
Renos last negotiations with Roosevelt carried on thru
Governor Olson of Minnesota resulted in the wrecknp of
the national farm strike called by the Holiday Association
even before it had begun.
One other consideration which moved Reno to cal
this secret conference the fact that the Second National
Farmers conference known be planned even though
the date had not been set Reno knows the farmers are
moving away from his misleadershp and from the Roose
et New Deal He knows also that they will be
by over thousand delegates at the Chicago Conference
from Nov. to IL.
The president of the National Farm Holiday Assn i
preparing spectacular gesture to regain his and Roose
vets evapOrating prestige If maintain constant e
posture of his in the New Deal his deeply la
plans will be brought to naught The Producers News vii
continue to expose his secret Vaccinations and urges on
Its readers to spread these exposures Ong the rank an
file of the American farmers.
The best answer to RenO's manOeuverings viii be
the conference really representing the American
farmers, which viii meet i'm Chicago within two months
time.
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1933-09-15

mon enemies the bankers and the
bosses shoulder to shoulder.
Harvey Solberg read kilograms
to and from Governor LANCER con-
corning the collection activities of
the federal feed and seed loan
collectors, and the holding of half
of the farmers grain at the ele-
Nators, for the collectors as is be-
ing done. The wires had been
sent to LANCER by a member Of
the United Farmers LeEgue. Gov.
LANCER said the elevators had no
right to hold this grain for the
collectors, that his moratorium
covered the seed and feed loans,
land asked for the names of ele-
vators holding farmers wheat and
of farmers whose wheat is being
held. Solberg told all farmers
whose wheat were being held to
wire the Governor at once, collect
naming the elevator, to see what
the Governor would actually dc
about it.
After the speaking a collection
of $50 was taken to pay for the
property bid in and other ex.
penses of the demonstration.
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1933-09-15

Farmers Cooperative Store, OF
Frederick, S. OAK, orders bundle
of papers and pamphlets.
Richard C. ShiPnan, Fergus
Co. Mont, says eve are en-
jOying our first copy of the
Producers News and are pass
ing tkea Oh to our neigh
bors." He also orders some
pamphlets.
Arthur Rueber, Pine Co. MINI.
RENTS on account.
WHAT THE TREES ARE FOR
Samuel Mickey, Burke Go,
N. Oak, sends two subs. He
writes 'FHOOver made monkeys
of us farmers, and now,
Roosevelt is planting trees for
us to climb in" he says.
Mrs. T. Gerling, Williams Co. \
D. sends four more subs.
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1933-09-15

was not their fault that they had
no money: for they had worked,
and worked hard, seeding and
reaping acres and acres. They
could. not borrow money else
wher to pay the bank. J. Arthur
Cunningham well knew this and
he knew if he sold Oyloe out, Oy-
loe land his family would starve,
but he insisted that Martin Oyloe
pay or he would force a sale.
Farmer Oyloe said, "I cannot
pay" Bunker Cunningham said,
"Then there must be a sale." Far
mer Oyloe said, "Well, sell me out
of house and home if you must
l agree. But, Banker Cunning.
ham, we fhrmers have an organi-
cation which takes care of affairs
of this sort. You may rue the
day, but come on, you are wei
come"
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1933-09-15

the only way to get the money /. !
appeals to all who want ScnOI
kept open that otherwise mus
close to vote for this measure
SUPT. THOMPSON OPPOSES
MEASURE ~.
But Supt. of Public Instruc y,
Thompson, elected the same ~ ~
as LANCER is opposed to the ss@
tax on principle. He has pu n.
tured Langer's "save the scnosI !
arguments by producing figures 81
show that the tax would plOs
at the best only $40 each fol- y
bankrupt school districts Of ID 4
state, and that will not Dc ~
able until next year.
TAX WILL RAISE ABOUT
81, OOO, 600 ,.sb
estimated about a million aoDs 4
$3.50, 900 of this viii 60 = Ssrb
schools and $75O,OOO to inc
ers.
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1933-09-15

DOINGS OF LAST WEEK
]. M. Herzog, Lake Co. Mont,
sends US eighteen 25 cent subs.
Jake o. SalO, ThurstOn Co.,
Wash. renews and says "WiH
be same as Hoover administra-
ton If not worse. Everybody
seems to be looking for a
change in this system.
John Lomker, Koochiching Co.
MINI subscribes.
w. Howard, Dakota Co., Neb1
Mont, sends one sub.
MORE UFL NEEDED
w. C. DuttOn, Morgan Co.,
Ohio, subscribes for a year.
There should be a UFL in
every community" he says.
Harold w. Riddle, Fergus Co
Mont. sends ose sub.
Floyd Jennings, Oliver Co. n
D. subscribes for the paper.
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1933-09-15
FARMERS FORCED TO
SACRIFICE CATTLE
THRU LACK OF FEED

Washington, D. C.-"The short
age of feed crops means that
a large number Of cattle, both
beef and dairy animals, will be
sent to the market for slaughter.
The heavy movement to market
has already operated to depress
farm prices, so that hogs, cattle
and COWS are lower in price on
Aug. Is than a month earlier."-
u. s. Department. Of Agriculture.
Thousands of farmers are forced
to sacrifice their livestock through
lack of feed.