davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1933-11-04
Haney Discusses Move
ToQuiet Blue Eagle

stand this fresh outburst Of en-
thusiasm on the part of the United
States Chamber of Commerce, AS
sistant Secretary Dickinson and
General johnson for the "Swope
plan"
That plan was brought out two
years ago, and was not liked by
most business men. 1t is based
upon dream Of a medieval social
organization, involving a rigid sys-
tenn Of control by industrial groups
such as the guilds exercised hun
dreds Of years ago.
Labor Independent
One great difficulty lies in the
fact that labor is now indepen-
IDENTIFY organized, and I find it
impossible to imagine the Ameri-
can Federation of Labor accept
ing the leadership of the United
States Chamber Of Commerce and
the National Industrial Conference
Board!
Bureaucracy can be just as
deadly in business as in govern
ment.
And what about us consumers
when these modernized guilds"
begin restricting production and
fixing prices?
Would there be any more in
dividual initiative in the electri-
cal industry under MIR. Swope
than under General Johnson?
My personal guess is that one
or more of the following reasons
may explain the acceptance Of
the scheme by some business
leaders,:
l. Some may figure that they
have such a dominant position
in thcr industry that they would
be able to run the whole show
and secure large profits by "hold-
ing the umbrella" over the weaker
members OF the industry.
See Easier Way Out
2. Others may figure that this
is the easiest way to escape Gov
eminent control and that the
Swope plan can be allowed to
break down when the excitement
is all over.
3. Still others may see in it q
means of preserving their posi-
tons. They may head debt
ridden, inefficient concerns and
feel that the plan would give
them a share in the business and
. high price for their products,
so that their worries would be
over.
One sure thing is that, as Mr..
Hearst has said, whatever sweep,
ing social reforms" may be tried
out in the future, this sort OF
thing is not going to pull us out
Of the depression.
The Washington times., 1933-11-04
CHICAGO GRAINS
RALLY AFTER
DOWNTURN

CHICAGO, Nov. 4 G.N.S).
Grains rallied after an early
downturn when good buying de-
veloped and pressure eased.
Reports that the Administra-
ton was not in accord with the
proposal of the governors COM
mittee looking toward a price
fixing program induced scattered
offerings at the start, but the
decline was short-lived.
The market opened l2c to lac
lower, but at midSesSion showed
gains Of bc to Sac for wheat.
zee for corn. and Ac to ssc for
oats and rye.
Liverpool wheat closed 2sc to
Rc down. Winnipeg was I'M
changed to Hsc off early.
Estimated carload receipts
Wheat, IT; corn, 1853, and oats, II.
The Washington times., 1933-11-04
RAILS, FOREIGN
BONDS MOVE
UPWARD

NEW YORK, Nov. 4 QN.S0.-A
persistent demand for rail obliga-
tons and moderately higher levels
for foreign government loans were
the features of an irregularly i'm
proved bond market session today.
Traffic Pickup FOreseen
Buying in the carrier list was
Stimulated by indications that
traffic would pick up appreciably
in forthcoming weeks. New York
Central loans did particularly well.
Sympathetic demand developed
for the run of second grade domes-
tic corporation favorites, with U.
s. Rubber SIS of AT up point at
so, and fractional gains chalked
up in the international Telephone
group.
European Loans Strong
Major continental loans con-
tinued to improve under the stimu-
lus of further strength in their
currencies against the dollar.
United Kingdom 512s stood out
with gain of ~ points to 119.
U. S. Governments encountered
better support, as institutional buy
ing was attracted to this list, fol-
lowing their sharp decline Of yes
Eerday,
The Washington times., 1933-11-04
COTTON PRICES
SAC IN QUIET
TRADING

NEW YORK, Nov. 4 IN.S).
Cotton futures sustained small
losses in quiet trading today as
traders liquidated holdings in
preparation for the Government
crop report due Wednesday morn
ing.
With Liverpool cables I'M
changed to 3 American points
lower than due, the market here
opened unchanged to points
lower and then held within mar
row trading limits.
Offerings Moderate
There were moderate offerings
from the South, spot houses and
local traders and commission
house liquidation of December
added to the supply Of contracts.
Price fixing for the domestic and
foreign trade offered the princi-
pal source Of support, with Far
Eastern interests taking few con-
tracts.
Weekly statistics were generally
favorable. Increases in the vlsl-
BILE supply both of American and
foreign growths Of cotton were
more moderate than in the pre-
ceding week last year. The into
sight movement was light, due to
the holding movement in the
South and Government loans.
Forwardings Light
Mill forwardings, while lighter
than in the previous week, were
well ahead of last year for all divi'
sions of the world trade. Exports
did not show the usual bulge that
comes at the end of the month,
but this had previously been
known.
Toward the close prices were
off 4 to s points, with December
off 4 at 9.5S, January off at
9.64, March off 4 at $50, and
May off 6 at 992.
The Washington times., 1933-11-04
MARKET
CURB SOUGHT

Legislation designed to elimi-
nate abuses uncovered by the
Senate Banking Committees in
vestigation Of stock market activ-
tiles will be proposed following a
series of conferences between the
Senate committee and special
Department of Commerce unit
some time this month.
1t is hoped that the proposals
will be ready for action by the
time Congress convenes in Jan.
uary, although unfinished bust
ness Of the Senate committee
may require members of that
group to confine their attentions
to hearings at the CAPITOL.
The Washington times., 1933-11-04

The president of the q. S.
Chamber Of Commerce says that
while six months ago business
was for MIRA, II know no repre-
sentative group of business men
today in which some do not ques-
ton the whole program"
At the same time, the old
"Swope plan" is brought OUT
This plan is to organize each in
dustry into q great monopollstlc
guild" which would fix prices,
determine production, etc. THIS
would put the big business lead
ers" in control.
Then General johnson cracks
down" with the statement that
the "Swope plan" is just what he
has had in mind all the time, and
that he is in thorough agreement
with Mr.. Swope. Johnson now
says:
"The trouble always has been
what Government control will
be. It becomes . bureau not
closely in contact with the In.
dustrial side-a policeman and
inquisitOrial body"
This seems to be an acceptance
Of Mr.. Hearst's views. 1t looks as
if MIRA is about to pass the buck
to the business leaders.
Troubles Understandable
It is easy enough to understand
the MIRA troubles. No democratic
government can coerce business
and take upon itself to represent
the conflicting economic interests
of farmers, laborers and capital
lists without getting into an i'm
possible position. This should
have been clear from the begin
ming.
But it is more difficult to under.
The Washington times., 1933-11-04

stock: Supplies light; demand light;
market steady. New York. bushel bas-
h1S seeks, ,s,r u .oa s. nO. ~
Potatoes-ons idaho. ; New York. i
Pennsylvania arrived: II broken and
20 unbroken cars on track. Supplies
stoady: New York .1oospound SACKS,
Round White. u. S. No 1. $1.5O@1.65i
Maine. 1Oo-lb. sacks, Cobblers. U. s. No.
I: $4,000: Long Island. 1oo-lb. sacks.
fdsSo. 10opound :" sacks. Su..st Bur:
banks. o. s. No. 1. 81.
Cucum bers-supplieS light: demand
slow; market weak. Florida. bushel
baskets. $225@$2.sO: poorer. $500
Cauliflower-No carlot arrivals: No
cars on track. Supplies light: demand
light: market steady. Long Island.
crates. $3.50.
okra-supplies moderate: demand
hampers, $50. North Carolina, one
half bushel hampers, Use.
Tomatoes-Two California arrived;
broken and 4 unbroken cars on track.
Supplies moderate: demand light: mar
ket steady. California, lug boxes, ripes
and turning. wrapped. SKIS and larger.
Sweet Potatoes-No carlot arrivals; nc
cars on track. Truck receipts moderate
supplies moderate: demand light; market
steady. North Carolina. bushel baskets
Puerto Ricans and Jersey type. soc.
Mixed Vegeta bles-One carlot arrival;
1 unbroken car on track
Green Beans-Truck and express re-
ceipts moderate: supplies moderate; de-
mand light; market weak. Bushel
$1.25@1.75: fair condition. 81.
Live stock-Hogs. light $s.7504.10;
medium. $4@42O: heavy, &3.7504.20;
pigs, $3@4; rOughs. $1.5O025O; calves,
$30S50: lambs, 1905.
Carrots-No carlot arrivals 3 broken
cars on track. Supplies moderate: de-
mand light; market steady. California,
Western lettuce crates bushel, So a
washed. 10000.
The Washington times., 1933-11-04
BALTZ ON HOME
LOAN BOARD

Edward C. Baltz, secretary Of
the Perpetual Building Associa-
ton. has been elected a director
of the Federal Home Loan Bank
for the district which includes
the District of Columbia. Mary
land, Virginia, North Carolina,
South Carolina, Georgia, Florida
and Alabama.
The district to be represented
by Mr.. Baltz is designated as
No. 4, and the election was held
in accordance with the home
loan act, which provides for
delegation of bank management
to a board of directors elected by
the members.
The Washington times., 1933-11-04
Steady Gain ShOWn
In Dresser Profits
nv INTERNATIONAL Naua servina

BY International News Service
Dresser Manufacturing Company
and subsidiaries for the nine
months to September 80 report q
net profit of $45,547 after charges,
equal to IS cents a share on
participating class "A" stock.
Net profit for the third quarter
was $4,000, or 40 cents a share
on the class "a" stock, as against
$6,681, or 6 cents in the previous
quarter.
The Washington times., 1933-11-04
Stockholders Probe
Accented BIZ Holmes

NEW YORK, Nov. 4 G.N.S.),
That the bitter struggle Of Ralph
c. Holmes, former head of Texas
Corporation, to gain control Of
the board of directors, would
drop completely from the public
eye seemed assured today after
Holmes agreed to investigation Of
the charges and counter.charges
by stockholders committee.
The step was instituted earlier
this week when c. B. Ames, chair.
man of the oil company, suggest
ed an impartial investigation"
of Holmes criticism of the man.
agement,
The Washington times., 1933-11-04
Charske WithdraWs
y. p. Director Plea

NEW YORK, Nov. 4 G.N.SD.
Opposition Of the Interstate Com
merce Commission to interlocking
railroad directorates today had led
to the withdrawal Of the applica-
ton Of r. w. Charske, chairman
Of the executive committee, Union
Pacific Railroad, to become a
member Of the New York Central
board.
Charske sought to represent the
200, 900 shares Of New York Gen.
trail owned by the Union Pacific,
and the application has been pend
ing for months.
The Washington times., 1933-11-04
MONEY MARKET

NEW YORK, Nov. 4 sD.-Call
money was. held over today at y Of l
per cent on the big board and "
per cent on the curb
Commercial paper was unchanged at
IL OH per cent for prime names.
Time money was unchanged at "a per
cent for 80 days, u q y per cent for so
days. and u on per cent for longer
maturities.
The bankers acceptances market was
quiet with asking rates unchanged at
Y per cent 20 to 80 days, u per cent
for 100 days, and Y per cent for15O and
$50 dayA
The Washington times., 1933-11-04
CURB|RREGULAR
ASF|NAL GONG
IS SOUNDED

NEW YORK, Nov. 4 GN.s).
A continuation Of liquidation In
mining shares brought unsettle.
ment into other sections Of the
curb market today, although the
active speculative favorites en-.
countered close-Scale down buy
ing support, and scattered net
gains were in evidence at the
final gong.
Lake Shore Is Target
Lake Shore was singled out for
selling attention in the metal
group, sagging 112 points to 47h
before netting support.
Utilities were irregularly lower.
with Northern States Power q
Sagging u point to a new low
at %. and declines of similar
proportions prevalent in Electric
Bond and Share, and American
Gas and Electric.
Consolidated Gas of Baltimore
was buoyed by announcement Of
the Pennsylvania Railroad cleo
trlfication program, and rallied
u point to 52la. Oils were quiet
and steady.
AlcoholS Irregular
Alcohol shares were irregular,
with firm tone prevalent in
Distillers Seagrams and DistiUers,
Ltd.
There was not much doing in
the speciality group, although
final changes were irregular.
The Cities Service issues were
quiet and little changed.
Electric Power and Light S.
were fractionally lower in the
bond division.
The Washington times., 1933-11-04
Hope ofCopper
Code FOrlOrn

NEW YORK, Nov. 4
U.N.S.)-The last, fOrlOrn
hope to draft q copper code
took form today with the
naming Of J. r. HobbinS,
Anaconda Copper Mining
Co., b. N. thinner, Amer
lean Metal Co., and Albert
L. Petermann, Calumet &
Hecla Consolidated Copper
Co., as a committee to
formulate the draft.
The committee represents
the three warning camps
within the induStry-Ana-
c0nda among the big pro-
ducers, American Metal
among the SmelterS and
Calumet & Hecla the smaller
producers.
The Washington times., 1933-11-04
United Air Orders
Preferred Retired
Nv International News Service


The board of directors of Unit
ed Aircraft and Transport Corpo-
ration has directed the redemp-
ton, on January l, 1884, of all
the outstanding 100000 shares of
the corporations 6 per cent Gu
mulative preferred stock, series
"A", at the redemption price Of
$55.75 a share.
The company reported a net
income of $642,107 for the Sep
TENDER quarter, equal after pre-
ferred dividends, to Is cents a
share on 2,O87,338 common shares
outstanding. Net for nine months
ended September 80 was $685.
O36, or 76 cents a common share
compared with $1,176,487 in the
like 1882 period.
The Washington times., 1933-11-04
Value of Fishery
Products HiQher

Fishery products landed at
Boston and Gloucester, Mass, and
Portland, Me-, in September to-
tailed 22,242, 1893 pounds valued at
$695,434, compared with 26,620,.
DAT pounds valued at $521,36l in
September, 1882, according to the
U. S. Bureau Of Fisheries.
Landings at these ports during
the first nine months of 1898
totaled 204,536,162 pounds valued
at $5,031,530, compared with 1885,.
69O,632 pounds valued at $4,633,-
873 in the corresponding period Of
1892.
The Washington times., 1933-11-04
LoEW's PROFIT DROPS

A net profit of $4,034,2s9 is re-
ported by Loew's, Inc, for the
fiscal year ended August 81,
equivalent after preferred divi-
dends, to $2.15 a share on COM
mon. This compares with $780,.
314, or $3.50 a common share, in
the preceding fiscal period.
The Washington times., 1933-11-04
Tuneful Trade
News Notes

One firm increases and two
resume dividend payments
in day. Weeks car lOadingS
top those of year ago by
1880. . Glass one railroads
increase nine months profits
IRA per cent above like 1889
period. Crown Cork Com
2any profits for nine months
nearly quadrupled. October
building here shows gain Of
$4,000 over September. :.
Burlington share net more
than doubling that of year
ago. E. .Simms PetrOle u m
profits reported increasing.
The Washington times., 1933-11-04
UTILITY PROFIT OFF

American Light and Traction
net income for IL months ended
September 30 amounted to S.
632,838, equal after s per cent
preferred dividends, to Sill a
common share. compared with
S7,529. 240, or $2.43 a share, in the
preceding IL months.
The Washington times., 1933-11-04

yesterday or
pu t ting t h e
BLUE Eagle" to
bed.
Plans are EVIL
IDENTIFY afoot to
pull the teeth
of the NRA.
AS business
h as continued
t o S | u m p
during October,
and dissatisfac-
ton has grown
among business
m e n, farmers
al d laborerS,
this is but nat
,1ra1
The Washington times., 1933-11-04
FRENCH IRON OUTPUT

September output of pig iron in
France tot aled $4,000 tons
against AS. ASS IN September, 1892
There were 81 furnaces in blast
at the end of the month against
81 a year previous.
The Washington times., 1933-11-04
DEPOSITS OFF, PROFIT UP

Moderate reduction in deposits
and a gain in surplus and un'
divided profits featured the re-
port of the First National Bank
of New York.
The Washington times., 1933-11-04
BY LEWIS HANEY
Professor Of Economics
New York University

The big news is not the tinker
ing with foreign exchange rates
now about to begin. The big news
is the preparations announced
The Washington times., 1933-11-04
Railroads in Week
Load 636.674 Cars

Loading Of revenue freight for
the week ended October % to.
tailed 636,674 cars. according to
the car service division Of the
American Railway Association re-
port today.
This was a decrease of 13,808
cars under the preceding week
this year, but an increase Of 30
800 cars over the corresponding
week in 1881. It was, however, a
decrease of 103,689 cars below
the corresponding week in 1881.
TOLEDO SEED PRICES
TOLEDO, Nov. G.NsD.-Clovsr-
Cash, $50; March. 775s.
Alsike-Cash, $50: December. s7es
The Washington times., 1933-11-04
FINANCIAL STATEMENT
Reserve District No.
REPORT OF CONDITION
OF the
East Washington Savings Bank
or Washington. n. c., at the Close o,
business ON October Is. 1a33

Soo" w nSA4AlSIOn savings BANK
" "ashlnston' p, C.. at the close Of
business on October Is. 1888,
ASSETS
!. Loans and discounts S7Sa.7s7ss
.. United States Government
securities owned ..... 1910 Or
:. Other bonds. stocks and
securities owned 10000. AGk76 II
Banking house, $21,.
1874 70; furniture and fix
lures, Ss.sO6 21........... $4,000 Or
!. Real estate owned other
than banking house. So1s5 az
Bank .....;;.....;.:.;. 1OA17s o.
- a ances with other banks. G1s417
10. Outside checks and other
IA. 6 5t;. ' s::s;.:::::::::::: ,, IL:
Total. INSTRUMENTATION. ssSS14o3;
LIABILITIES
Is. Time deposits. except pos
tai savings, public funds
and deposits Of other
10. Deposits of other banks
including certified and
cashiers checks OUT
>, Gt In,.'n -. hi; ;ta;.;' ''''.''''" co
Common stock.
10000 shares,
SO per share 500 900 10
Surplus .....,.. 100. 900 90
Undivided profits
net ........ 1883 10
Reserves for con.
tingencies 80. 1900 90 sSTSSS1O
Total. including capital
account .............. 996S,1&0 az
District Of Columbia. So:
I. s. Wilson Earnshaw. treasurer Of
the above-named bank. do s0lsmnly
swear that the above statement is true
to the best of my knowledge and belief
S. WILSON EARNSHAw,
Treasurer
(seaD CLARENCE r. DoNoHoE,
Notary Public.
Subscribed and sworn to before me
this I'd day NJ November. 1893.
Correct-Attest:
JAMES A. poNoHo&
JOHN C. YOST.
LEWIS FLEMER.
DR.. H. H. MCKEE,
DirOeteEA
The Washington times., 1933-11-04
N. Y. Bond Quotations

u. q, GOVERNMENT BONDS
lHiShl Low Close
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-11-27

RENT A CARS cents per mile REEH-
LING RENT A CAR CO.. IS Kentucky
Ave LI-46I9.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-11-27

master of ceremonies.
Among the acts in the show, I
thought that Mildred Hilton and
Maude Geron, two exceptional
condolences, were the outstanding.
Their constant chatter mever Dor
ing) was we'll designed and laugh
provoking. They mixed their quibs
with some good falls and blows
which added gayety to their pres
entation especially since Miss
Geron is foot or so taller than
Miss Hilton.
The Six Comets, a tumbling act,
are no better than the general run
in this field. They have plenty of
pep, however.
The stage show is theatrical1y
handled, and bids fair for the fare
which is to follow, if the same
quality is maintained in the rest
of the shows as in this one.
The picture at the Lyric this week
is "Aggie Appleby, Maker Of Men,
which features the doughty little
Wynne Gibson, Charles Farrell
without Janet GaynoD, and zasu
Pitts.
Now at the Lyric. (By the OBJ
server.)
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-11-27
Sophisticated Yarn

Ever hear Of a sophisticated
Pollyanna yarn? I never had until
I saw Spencer Tracy and Loretta
Young in "A Mans Castle"
Tracy is seen as male down
and-outer who receives a few dol
lars day for being a walking ad-
vertisement on the streets. Miss
Young is the female down-and-
outer with no place to sleep and no
place to battle except in river at
night.
So Spencer invites Miss Young
to go swimming in the bathing suit
that nature gave her. Then BIOS
SONS the friendship which puts the
two in little shack in a doWn-and
out shanty district on the river
edge of a great city.
I have seen RomeoS in the
movies buy their Juliets diamonds,
costly cars and the like but never
have I seen them buy an oil cook
ing stove.
In this down-and-out village are
some nicely drawn characters such
as Walter Connolly as the Bible
quoting minister without a church
who was Waterman at night.
Take time to study the drink
ruined character that Marjorie
Rambeau is in this story. Even
through the ether of her dissipa-
ton, this woman Of a miserable
world uses a revolver which permits
Loretta ard Spencer to embrace in
a box car as the train moves on and
on. The girl is to be a mother and
the man father. 1t all is very
proper because they had been mar
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-11-27
College Scores Saturday

Northwest Oklahoma 7: West Texas. g.
Ohio state T. Illinois. g.
Ohio university. 10. Ohio Wesleyan. l3
Oklahoma City. 20, Central Oklahoma O.
Pomona, 10 Occidental 3.
Pennsylvania Military. 10; Susoue-
hama. O
Presbyterian. IS; Catswbs. 0.
Princeton. 90. Rutgers G.
olph-Mscor. II; Hampder-
Sydney 90
Rediands. 0: Whittier. 0 ftiel.
Rockhurst, n. william Jewell. g.
south Dakota. Z, Illinois college o.
s.. Edwards. s; Texas Mines.
81 MaTys. y. California southern
St Paul 10. St. Augustine. o.
g vincent. %. Davis-Elkins. T.
sam Houston Teachers 6. Stephen r
san Diego. 81: California Tech. 0.
Tennessee Wesleyan. 70: Millizan. O.
Ie1as Christian 20; Rice
TUFTS, - Massachusetts o.
IIlane. %. SeVanee g.
luskegee. -, Fish 0
KlIlsnova "a. Temple O.
Virginia Union. q. J. C. Smith. 8
Washington state IT. WashinTfon
west virginia Il. GEORGETOWN. IL
,WesL virginia Wesleyan. rs: Glen
Wooster 70: Heidelberg o
wyoming. Z, western state o.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-11-27

DENNY. THE REV. \. F.-Beloved father
Of Miss Esther E O., R. F. and J. H.
Denny passed away at the home of his
Sunday afternoon. Services al THE
FLANNER & BUCHANAN MORTUARY
Tuesday, $3.50 p. m. Friends invited.
Services at Ames church near Paoh, Ind.
Wednesday, l p. m. Interment Ames
campfarN
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-11-27

Foster. I am Of the opinion that
Mr.. Foster had to play down his
part so as to give Miss Bow the
right of way. When everything is
carefully weighed, it is Mr.. Foster
whom you will remember as the
father of Chris Orchard CromwelD
who falls in love with Lou, the
carnival dancer as played by Miss
Bow. This romance heels the bad
in Lou and makes a real man out
of Chris although the going is diff
ficult for both.
I had the impression that Miss
Bow worked desperately to make
Lou a character which would live
on the screen. In that she is only
fairly successful as the legitimate
work of Mr.. Foster as the father
who wanted his son to be great
lawyer, easily overshadoWs all Of
the good intentions Of Miss Bow.
The shots on the carnival train
have been splendidly handled as to
catch the correct atmosphere.
Be your own judge of this one.
You have my verdict.
Now at the Apollo.