davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1933-05-26
CLUB
NINE CROWD

WILKES-BARRE, Pa. May 26
G.N.sD.-A detail of 18 mounted
State policemen, resorting to tear
gas and clubs, drove nearly a
thousand men, women and chill
dren today from the vicinity of
the West End Coal Company
operation at Mocanaqua.
Detailed to the scene at day.
break, the troopers found nearly
the entire town out in protest
against the practice of the COM
pany in working strippings and a
culm bank with foremen and
other officials while regular mine
workers are idle.
Witnesses said the troopers
drove their horses into the crowds
and used clubs freely. One
mounted officer snatched up an
American flag around which a
group had rallied. Several women
tainted and others were reported
to have been injured slightly.
The Washington times., 1933-05-26
Socialist to Urge
Soviet RecO0nitiOn

j. B. Matthews, Socialist, and
secretary of the Fellowship of
Reconciliation, will be the speaker
at the meeting Sunday night at
the Arlington Hotel sponsored by
the Washington Friends of the
Soviet Union.
He will talk on "Why the
United States Should Recognize
Soviet Russia" DR.. John Gray
of American University will
preside.
The Washington times., 1933-05-26
d. C.. Teachers Name
Mrs. Page Kirk Head

Mrs. Page Kirk, Of Western
High School, last night was elected
president of the District High
School Teachers Association at
the annual election of officers in
the University Club.
Other officers elected were Miss
Frieda Egbert, Eastern High, vice
president; Mrs. Estelle C. Phillips,
Central High, secretary: Miss
Louise G. Hart, Mckinley High.
treasurer, and Miss Gertrude Wal
ters. editor.
The Washington times., 1933-05-26
|NRS.ROOSEVE[7
VETS HOSTESS.

The garden party for disabled
veterans at the White House con-
cluded yesterday with Mrs. Roose-
velt autographing admittance tick
cts cor the guests.
After the long line of crippled
men in wheel chairs, Red Cross
workers, and others had been
received, the President seated
himself in a chair in the shade
of giant oak tree and Mrs.
Roosevelt mingled with the throng.
The guests pressed around her,
begging for autographs. The
two dancers, Mayris CLANCY and
Edward Fox, who entertained the
guests on the lawn, stopped to
speak to the President as they
left.
The Washington times., 1933-05-26

And Morgan himself hastens
back to the witness stand to eX-
plain that the income tax he paid
in England of some seven
thousand pounds a year Gin the
years that he was paying no
American income taxi was really
not an income tax at all, but a
tax upon the estimated rental
value of his Manor House.
Down in the milling House Of
Representatives, where they are
pondering over how much the or
binary Salaried man can stand in
the way of a whooped-up income
tax, the whoopersup tread knee
deep in kilograms from outraged
constituents who can't for the life
of t h m understand why they
must pay third more income
tax on their hard-earned salaries
when Morgan and the Morgan
partners ducked from under, with
all their millions. and without a
protest from the Hoover admins
tration.
Sales Tax Gets Boost
Sales tax champions take new
heart of grace, with a bow Of
thanks to j. P. Morgan for Civ
ing them a hand up.
All over the land are pillars OF
society and ornaments of industry
who must be busy explaining to
quizzical friends that friendship,
especially with a Morgan partner,
is the cement of the soul and a
sheltering tree, not bothering to
quote Emerson'S famous line that
the condition which high friend
ship demands is ability to do
without it.
In other words, ladies and gen
tlemen, Mr.. Ferdinand Pecora.
the olive-skinned, flashing-eyed
strong -jawed prosecuting person,
who used to get after the bootleg
gers in New York and other pests
when Tammany gave him a
chance, has certainly stirred up
the animals in this mans town
and probably in all 48 States
of the more or less United States.
Things popped so fast the last
hours of the hearing this week
that the newspaper correspond
ents, neatly packed in rows, were
hopping up and hopping down,
snatching this piece of flimsy and
that, and sprinting for telegraph
wires as Pecora broke one sensa-
ton after another, and as express
Sions Of pain chased themselves
across the face of the Morgan
partners.
Pecora SIaShing Away
It was all so exciting that peo-
pie forgot for the moment what
was going on in the White House.
The House of Morgan Sugaring
it's loved ones.
j. P. and his partners walking
out on the income tax.
Partner this and partner that
shedding whole bales of securities
usually known under the head of
Morgan stocks" just before the
big wind blew down Wall Street
in the fall of '29.
Pecora slashing and ripping at
the very tender hide of George
Whitney as he softly inquired if
Mr.. Whitney wasn't put on the
directorships of many big corpo-
rations so the House of Morgan
could get the secrets of those cor
porations we'll ahead of the stock
holders and the public.
John w. Davis bowling his sill,
vered head in woe that such a
thing should ever be imputed to
the sacred name Of Morgan.
Tom Lamont biting his lips
and looking as if he would like to
The Washington times., 1933-05-26
TWO Of BANKERS Partners
ARE MEMBERS Of BIG
HOLDING CONCERN

Pecora brought out that Nor,
gan got an additional 100000
optional warrants and 100000
shares of common stock-as did
Bor1right Electric Company--for
$40, 100000. He showed that the
100000 shares of common stock
we're listed on the United Corpo'
ration's books at 100000, leav'
ing $l,000,G00 as the price paid
by Morgan land Bonbright) for
the 100000 optional warrants.
Meant a Neat Profit
These optional warrants entitled
the owner to buy the common
stock at $27.50 a share. 1t meant
a neat profit for anyone given
these warrants by the Morgan
firm.
Pecora showed the United Cor.
poration sold the 1000, 900 option
warrants to Morgan at 81 each.
Howard insisted this ALLEGATION
of the cost of the common stock
and option warrants was techni-
cal in order to comply with the
laws of Delaware"
These option warrants were
turned over to Morgan January 9,
1929. Howard admitted that on
February 2, 1929, the stock sold
on the Philadelphia Exchange at
$5812-$561a and $56 a share.
On May 9, 1929, Howard added,
the stock sold on the New York
Stock Exchange at SGT, $68 and
$68.70 share.
On January 81, 1929, he con-
tinued, they asked 500 on the
Philadelphia Exchange for one
share of common stock and one
share of preferred stock"
Senator Carter Glass objected
to the line of questioning. He
began:
I'D likE to know what is to
be produced by examination Of
the witnesses here"
II think the committee men,
berS are entitled to know so
that they may receive the teS-
timony with some degree Of in
telligence. 1 want to ask if any
of the transactions detailed here
have been dishonest. 1 want
to know if any were contrary to
the laws of any State. or Fed
eral law? Were they Mr.. How.
ard?"
Howard said no, and Glass con-
tinued:
"WelI, I'm still in the dark.
Hasn't the Federal Trade Com
mission examined these transac.
tions in great detail?"
Howard said it had.
"HaS the Federal Trade Com
mission made any criticism Of
them or taken any action?"
Hearings on this company
have been going on before the
Federal Trade Commission for
several weeks. The commission
has not reported on this COM
pany."
When Senator Couzens (R.) of
Michigan, asked what Pecora was
trying to prove, Chairman Fletcher
said
"We can't anticipate what
Mr.. PecOra wants to prove. Let
us proceed"
The Washington times., 1933-05-26
SCHOOL ..:.PEANS
GIVEN OKAY

Approval of plans for woodrow
Wilson High School, landstaping
designs for the new Pharmaceu-
tical Building and for a gas sta
ton at New Jersey Avenue and
D Street Northwest, was expressed
today by the Fine Arts Commis-
sion.
The arts body also considered
plans for routing traffic through
Thomas Circle and for construc-
tion of an arched bridge link
ing the main Agricultural Build
ing with the extensib1e structure,
but took no action on either.
The Washington times., 1933-05-26
Banking Inquiry Designed to Break Power
Of House of Morgan, Saws Hill

swat the incufferable Pecora with
an international bond.
Times have changed, my mas
terS, when such accusations and
such imputations can be flicked
in the face of the elect.
And with all of the sensations
and the explosions of the week
just ending, it appears Pecora has
merely scratched the surface.
Little Black Trunk
Into the record he has intro
duced file after file and folder
after folder whose secrets are not
yet publicly known.
Behind him, always, reposes a
little black trunk, whose interior
reveals cloSe-packed mass of
documents, and that little black
trunk goes wherever Pecora goes,
with armed men not far off to
guard its mysterious contents.
Morgan himself maintains his
smile, and laughs occasionally,
though not so frequently nor so
Justify as on the opening days of
the hearing.
He is weary Of it all, for Jove
is happy only on the heights of
his Olympus and feeds not well
upon the common airs.
Already he is manifesting re-
strained impatience at the slow
pace Of the hearing, saying that
his affairs in New York require
his presence, that there are many
alters needing his attention.
Whitney Tired
And Lamont. his alter ego, has,
for all of his careful self control.
just about the ease of a. Gagged
leopard.
And Whitney-"Icicle" Whit
ney-upon whom has fallen for
the past two days the brunt of
the Morgan defense and the heav-
lest blows of the relentless Pecora,
looks tired.
But a recess will be taken this
afternoon until next Wednesday,
SO Pecora. says, and the Morgan
encourage will take itself hack
to New York and to its imperilled
house.
Morgan, himself, is probably
through and may not be recalled,
at least for some time.
1t is obvious he can furnish
little specific information about
the affairs Of j. P. Morgan and
Company; that he exercises only
the most casual supervision, and
that he is, in effect, practically
retired from active business life.
No one would be greatly
surprised if actual retirement were
not long delayed.
New Fireworks Promised
The men who will be pressed
hard when the hearing is re-
sumed next Wednesday are Whit
ney, whose detailed knowledge
OF the Morgan operations is well
nigh phenomenal; who seems, in.
deed, to be the mainstay of the
great banking house: and Thomas
w. Lamont, the principal senior
partner, whose forte has been
the handling of international
finance.
There will be a brand new dis
play of fireworks when Lamont
is called to the stand, which will
be some day next week.
And there are a dozen other
partners to be questioned about
the beauties of friendship and
other engaging subjects.
One thing is certain: This in
vestigation into high finance has
knocked the spots out of any in
quiry that Washington has seen
in many wears. if ever.
The Washington times., 1933-05-26
(Continued from Page y

(Continued from Page y
great Morgan Corporation incuba-
tor.
Obviously, Pecora's object, he
stated. was to extract from How
ard the essential points of the
Morgan technique in setting up
such mergers of utility companies,
in blowing up the value of their
securities upon the stock eX-
change.
Knows His Objective.
It was instantly recognized, as
Pecora ripped away at the Nor
gan connection with the United
Corporation, that the committee
counsel was striking at the very
heart of the power of the House
of Morgan.
The outcome of the inquisition
regarding Morgan and the United
is expected to set up the evidence
that Pecora wants and is deter.
mined to get-that a private bank
must not accept deposits and
then play the investment game
with blue chips.
The first weeks inquiry into
the operations of j. P. Morgan
and Co, over a period of eight
years ended early in the after
noon when the committee, ex-
hauSted by the midsummer heat
that bakes Washington, took an
adjournment until May 81.
Before it ended, Pecora laid
the groundwork of what will be
his main attack against Morgan
when the hearing is resumed next
week-that j. P. Morgan and
Co., had the magical faculty of
waving wand and making at
least two shares of stock bloom
where only one had flowered be-
fore, and that the public paid
for this magic.
Merely Preliminary
1t is also apparent that the
first weeks assault on the Nor.
gan stronghold were merely pre-
liminary to the grand attack,
which will be made next week
when Pecora begins to assail the
stupendous character of the cor
poration promotions and mergers
launched by j. P. Morgan and
Company in the boom days.
Apparently Pecora has tanned
the members of the committe
who seemed disposed to exercise
discretion as to making public
certain delicate facts and sets of
circumstances connected with the
dealings and contacts of the
House Of Morgan.
He has threatened to resign if
he is not given free hand.
After what has been disclosed,
it is hardly conceivable that his
resignation would be permitted.
AS the weeks hearing ends,
Mr.. Morgan maintains the calm
front and easy cordiality which
has characterized him through
out all the hot and trying days,
The repercuSsions and rever,
berations here as a result of the
sensational testimony regarding
the very eminent gentlemen who
we're offered and who accepted
Morgan favors in genteel privacy
have caused the great dome of the
Capitol to rock upon its ancient
foundations.
Already Borah Of Idaho is
shouting:
"WOodin must gO!"
The lean and beautifully pre-
served William Gibbs McAdoc
rushes into print to defend him
self against sinister imputations
contained in newspaper headlines
| or otherwise"
The Washington times., 1933-05-26
Roosevelt Praised
For Peace Efforts

Resolutions approving President
Roosevelt's efforts for peace and
international understanding were
adopted last night at the meeting
of the Washington chapter of the
Esperanto Association of North
America at Powell Junior High
School. ,.A..,.1sS, e..
The Washington times., 1933-05-26
STUDENTS in RECITAL

DR.. Edwin N. C. Barnes, direc-
tor of music in the public schools.
will supervise a recital by the
grade instrumental classes of the
District public schools, tonight. at
8 o'clock, in Powell Elementary
School, Fourteenth and Upshur
Streets Northwest.
Evening star., 1933-06-09
UTILITY DIVIDENDS
REACH @ PER CENT
Rates on Common Disclosed
as New York Launches
Sweeping Inquiry.
Ry the Associated Press.

BY the Associated Press.
ALBANY, N. Y, June 9.-The New
York Public Service Commission yes
terday launched a sweeping nvestlga-
ton into utility rates by showing that
dividends on common stock OF pubic
utility companies in the State since
1928 hao been as high as 80 per cent
for single year.
The commission announced to repre-
sentatives of upstate utility companies,
who crowded into hot hearing room,
that it was prepared to fix emergency
gas and electric light rates wherever
conditions justify.
There is a belief that the utilities
have not borne their fair burden of the
depression the commission said.
Tables Exhibited.
It exhibited tables showing the "divi-
dends declared on stated value of COM
mon stock" since 1923 had been as high
as go per cent for single year. This
was in the case of the Canton Electric
Light & Power Co., a Northern New
York concern, which was represented
as having paid that amount in 1925
The company was listed in the same
table as having declared dividends of
13 per cent in 1882.
The Niagara Falls Power Co., which
the commission said was controlled by
the Niagara Hudson System, was listed
as having declared similar dividends of
1882 per cent in 1882 and 1871 per
cent in 1881.
Figures for Other Companies.
Similar tables showed the New York
State Electric & Gas Corporation paid
398 per cent in 1882 and as high as
1920 per cent in 1925. Figures for
Rochester Gas & Electric showed
dividend declarations of 28.01 in 1928,
but none since that year The figure
for Ticonderoga Electric Light & Power
Co. was As per cent for 1882, but none
for at least nine years prior to that.
Adams Electric Light Co. showed 9
per cent last year and 20 per cent in
1881.
Evening star., 1933-06-09
Bows Refuse Mine Jobs.

Reopening of colliery in the Ponty-
pridd district of Wales has given the
management a job of hunting boy work.
ers. 1t needs eight lads to complete the
second shift. Many boys scorned the
chance to work, and the Pontypridd ed
ucation authorities refused to allow an
announcement to be made in schools
regarding the vacancies. The mine man
agenlent hopes to secure workers when
the schools close because those who re-
fuse job will lose their doles.
Evening star., 1933-06-09
THE WEATHER

District of Columbia-Partly cloudy,
possibly local thundershowers tonight
and tomorrow; not quite so warm to-
night; gentle to moderate southwest
winds.
Maryland - Partly cloudy, possibly
local thundershowers tonight or tomor-
row; not quite so warm in east and
central portions tonight.
Virginia-Local thundershowers to-
night or tomorrow; not quite so warm
in east and central portions tonight.
West Vrginia-Possibly local thun-
dershowers tonight and tomorrow; not
much change in temperature.
River Report.
Potomac River clear and Shenandoah
little muddy this morning.
Evening star., 1933-06-09

The nationally known all
silk hosiery we usually sell for
81. Regular and out sizes. :.
sheer chiffons and service
weight. Full-fashioned and
choicest shades.
Main Floor
Evening star., 1933-06-09

The Ring Suit. that is
being worn at the swankiest
beaches and dipped in the
Srnartest pools. The newer
colors with striped trimming.
Others "a to 46.
Surf Shop-Second Floor
Evening star., 1933-06-09

We simply won't attempt
description. But there Is every
desirable style, color and pat
tern for your particular need.
Sizes for children and misses.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-11-13
Livestock
sOUTH ST. PAUL LIYESTOCK

SOUTH ST. PAUL LIVESTOCK
South st. Paul, Nov. 13.-(AP-U.
s. b. A.)-Cattle l0.50o: slow. slaugh-
ter steers and yearlings opening
around steady: few good to choice
loads mixed yearlings and light steers
500 to SITS; odd head 600; common to
medium 800 to $50; she stock and
bulls littls change: low cutters and
common COWS las to 22S; few better
lots up to 500: medium bulls 2.25 to
2.75; stockers and feeders in mode
rate supply: quality mostly plain;
practically no early sales: calves $500;
slow, undertone weak: talking $50 to
$50 for good to choice grades; strict
" choice held ut 600 and above.
Hogs 1880: not fully established;
open sales and bids steady; good ia
choice l60-250 lbs. 4.00-05: top 4.05;
better 250-350 lbs. 3.50-4.00: light
lights 3.50-75 and above: good and
choice killer pigs $3.50: packing
sows steady, 10 higher: largely 800
$50: average cost Saturday 3.84;
weight 1o5.
Sheep, $4,000: 800 through; sale
able supply largely natives and Da-
kotas: about 60 per cent feeders: lit
tie done early: packers talking Is
lower on slaughter lambs or SIS
down: sellets asking stronger OF
about $50 on best kinds: indications
about steady on Feeding lambs.
Dairy extraordinarily unchanged
better grade springers scarce, few
sales around $500 for kinds suitable
to ship east.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-11-13
Tribut1e's Grain, Livestock and
Market Report for Mon, N0v. 13
PRICES ARE STEADY
But STOCK MARKET
LACKS ENTHUSIASM
New Lift in Gold Price Has Little
Effect on Shares or
Commodities

New York. Nov. DISQUALIFICATION
overshadowed valor in Mondays rath-
CT colorless financial markets al
though prices. as whole, maintained
steady to firm position despite un-
enthusiastic trading.
The fact that the r. F. c. lifted the
domestic gold price Is cents an ounce
seemingly did not stir either stocks
or grains to any particularly buoy
ancy. Sterling moved up nearly &c
to about $5.151a and the French gold
franc firmed some .02 of a cent at
1928.
Wheat got up about ! cent bushel
and cotton gained II a bale before
easing. Silver futures were strong.
Federal bonds rallied moderately but
other listed loans were irregular.
Shares Of International Silver ad-
vanced points and fractional gains
were recorded by American Can, U.
S. Steel. Westinghouse, American To-
bacco B. Lggett & Myers B. Socony.
Seaboard Oil, Standards of New Jer-
sey and California, Patino Mines and
American Commercial Alcohol. Issues
Of American Telephone. General Mo-
tors, Chrysler. General Electric, Mont
gomery Ward, Santa Fe, Union Paci-
fic, N. Y. Central and many others
were virtually unchanged.
The close was a trifle irregular
Transfers Appropriated lose, 00C
shares.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-11-13
GRAIN FUTURES MOVE
UPWARD AT MILL CITY

Minneapolis, Nov. l3.-(P)-Grain
futures bulged here early Monday on
bullish news but later moved slug
gishly in a moderate range.
Trade was good at the outset and
for IN hour following but turned very
quiet before the close although final
prices were substantially higher.
December wheat closed lssc higher,
May ~ at lMc higher and July,
nominally lNc higher.
December rye closed INC higher and
May l7sc higher. December and May
closed Nc higher. December oats
closed &c higher and May, &c high
er. December and May flax closed NC
higher.
Cash wheat receipts were very light
and in quiet demand. Winter wheat
tone was very firm to strong. Durum
was scarce and in good demand.
Cash corn offerings were heavier
and in fair demand. Oats was In good
demand at diversion points. Rye was
scarce and In very good demand II
suitable for milling. Barley was In
fair to good demand and slightly firm
Ter. Flax was In good demand and
strong.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-11-13
NEW YORK

New York, Nov. 13.-(AP)-Butter
10000, unsettled. Creamery higher
than extra 1874 to 241a: extra (92
score) 231s; first CT to 81 score) 1919
to 22A seconds liz to 49,; central
lied go score) 2l11s to %. Packing
stock current make No. l, 10: No. 2,
II
Cheese 1854. quiet. State. whole
milk flats, fresh: fancy Is to 1917;
average run Il; do. held. fancy to
fancy specials 20ha to 2l1s.
Eggs 5,557, firm. Mixed colors, spe-
cial packs or selections from fresh re-
ceipts 81 to 42k: standards and COM
mercial standards So: firsts %; medi-
ums 80 lbs. 2Oh; dirties No. 1. AZ lbs.
%; average checks II; refrigerators:
special packs 171s to 1872; standards
II to 17A; firsts 16 to l6h; seconds
Is to ISL: mediums 14h to 1874 dir
ties 14ls to Is; checks Is to IA.
Dressed poultry irregular. Chickens,
fresh 1918; frozen 1929 fowls, fresh
and frozen 9-15; old ROSTERS, fresh g.
IL; frozen unquoted; turkeys, fresh
1921; frozen 1920; ducks, fresh l6;
frozen 151s-l6h.
Live poultry weak. Chickens
freight lila; express 1915; broilers
freight unquoted: Express 1916;
fowls, freight 9-14; express 10-l4;
roosters, freight 10: express IL; tur-
keys, freight 1918: express 1919;
ducks freight II, express unqloted.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-11-13
Sharp Revision of
Farming Predicted

Chicago, Nov. 13.-(R)-Secretary OF
Agriculture Wallace envisioned Mon
day the complete control. acre by acre
Of all Americas farm land with only
rich soil used for farming and the re-
mainder devoted to forests recrea-
ton, residence. and the like.
THE things which this administra-
tion has done thus far In 1883 may
seem spectacular. but they are only
4 faint foreshadowing Of some Of the
things which will ultimately be neces-
sary before the United States has fin.
ally made for herself her new true
place in the family Of nations" Wal
lace said.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1933-11-13
Anti-Strike Action
Demanded Of Olson

st. Paul, Nov. l9.-(R-Sheriffs and
county attorneys Of eight south
western Minnesota counties Monday
asked Governor Floyd B. Olson to
issue proclamation "emphatically
disappearing and condemning use Of
any force or violence in the market.
ing Of farm products"
They did SO after attending secret
session at which fears were expressed
Of more farm strike violence like that
at Marshall. where the sheriff and
deputies were disarmed and pulled
from an automobile by . crowd which
forced closing Of produce station.
Last week Governor Olson notified
sheriffs they should make arrests II
necessary to preserve order in the
event Of farm strike outbreaks.