davidaulloa/AmericanStories huggingface dataset:
The Daily Alaska empire., 1933-11-09
By CARL c. CRANMER

WASHINGTON, Nov. 9.-Four questions are expected to predom- mate as Maxim Litvinoff, Russian Commissar of Foreign Affairs, and President Roosevelt get down to brass Jacks in their conversations at the White House.
 Three relate to barriers which in the past have prevented recog- milton. They are alleged Russian subversive propaganda, repudiated debts and confiscated property of American investors.
 Claims in High Figures
 The other question has to do with future trade relations, prin- cipally long-term credits to allow Russia to purchase the products of American farms and factories which she needs.
 American clalms, governmental and private, against the Russian government, total about $625, ,000,- GOO.
 The governmental claim is a loan of $187 100000, plus interest. It was made to. the Kerensky re- gime just before the Bolshevist revolution when America and the Allies were striving to keep Rus sia in the war and prevent the freeing of German troops from the Eastern front.
 This debt, along with all debts of the Czarist regime, was repud- tied by the Soviets early in 1918.
 Hull Has Secret File
 Private claims are in two parts, $86.O00,000 in bond issues floated among private investors in New York in 1916 by the Czarist re- gime, and approximately 350,O00,- GOO of American investments in Russia that were confiscated.
 These latter are kept in a con- fidential file at the State Depart ment, but they are known to in clude many large items by Amer jeans doing business in Russia at the time of the revolution.
 A favorite American method in the past of handling such claims has been to set up a commission to work out solutions with for eign representatives. But is it not known whether Litvinoff is prepared to offer any such solu- ton.
 In dealing with other nations Russia in some cases has agreed to pay bonuses or high interest on new business, specifying that the extra money be applied against debts and confiscations.
 German Debts Figure
 When it comes to the govern ment debt, two points are likely to be stressed by the Russian Commissar. The Soviets always have justified repudiation of the Czarist debts by a notice issued by leaders of the abortive revo- lution of 1905 in which the capi- talistic nations were warned that future obligations of the Czar would not be recognized.
 A second point is that in the treaty of Brest-Litovsk negotiated between Russia and Germany in March 1918. no settlement of debts to Germany was reached and it was agreed that any settlement with other nations would entitle Germany to equal terms. The So-
The Daily Alaska empire., 1933-11-09
ARE DRINKING
 HICHbALLS IN
 BIG FAIR CITY
Liquor Reported Flowing Freely Over Bars
 No Opposition

CHICAGO, nl., Nov. 9.-The Chicago Daily News reports to- day that highballs, whiskey and other pre-prohibition drinks are flowing freely and openly over bars without interference from the police.
The Daily Alaska empire., 1933-11-09
Broadcast Warning Sent Out from Stronghold
 This Morning
REVOLUTION FORCE
 IS STRENGTHENED
Government Troops Re- ported Making Artil-
 lery Attack on Castle

BULLETIN = HAVANA, Nov. 9.-The rebel defenders in Atares Castle, fighting off the Government artillery and rifle fire, hOiSted the white flag over the battlements this afternoon but it was quickly hauled down again and firing continued for a few minutes more then suddenly ceased and quiet reigned until 3:30 o'clock when firing was re- sumed heavily for six min- utes then up went the white flag again.
 Shortly after it was an- n0unced the rebels surrend- cred.
 During the fighting Cuban gunboats shelled the old fort ress and the harbor was rak- ed with m h inc gun fire from Aires.
 Many are reported killed in the fighting.
The Daily Alaska empire., 1933-11-09

BULLETIN = HAVANA, Cuba, Nov. 9. = Early this afternoon the leaders of the ABC, R a d ical l and Secret Revolutionary Society, broad cast a warning they intend to sack American property and provoke United States inter- vention if their two-day bat tie for control of the Govern ment is not d e C d e d by 5 o'clock this afternoon.
 The public was warned to stay off the streets as the ABC intended to fly airplanes over the city and bomb the Presidential Palace.
 The rebels S pe ecifie d 3 o'clock as the moment for the dynamiting of all vehicles found on the streets.
 Following the broa d cast warning, artillery went into
 Continued on Page Six)
The Daily Alaska empire., 1933-11-09

tcontinued on Page seven
The Daily Alaska empire., 1933-11-09

Continued on Page EighD
The Daily Alaska empire., 1933-11-09

Continued on Page Six)
The Washington times., 1933-12-16
GRAIN FUTURES
LOWERED HERE
AND ABROAD

CHICAGO, Dec. 16 GN.S),
Grains turned heavy after a
steady opening in scattered SELL
ing prompted by the easiness in
stocks and lack Of important sup
port.
Wheat dropped ~ to 84c for
the May delivery and corn de-
clned to soc for similar loss.
Wheat Off Most
Near midSession wheat was 7s
to 12sc lower; corn, 7s to 13sc off :;
oats, unchanged to 2sc lower, and
rye, 5s to 34c down.
Liverpool wheat closed "a to 3s
pence lower. Winnipeg was 3sc
lower.
Estimated carlots: Wheat, 6;
corn, ITO, and oats, 20.
Opening Is Lower
Grain futures opened wi h
wheat. u to 24c down; corn, 1ac
off, and oats, unchanged.
Wheat-December, 82A @823sc;
May, 85@85bc; July, S3*As3Ac.
Corn-May, 50B@51bc; July,
52h@525sc.
oats-May, 37h@s7 c.
The Washington times., 1933-12-16
RAIL HEADS BOW
To EASTMAN

NEW YORK, Dec. 16 Q.N.SJ.-
Heads of the five largest railroads
in the East, constituting the east
ern regional coordinating COM
mittee, agreed at a meeting late
yesterday to discuss with Joseph
B. Eastman, Federal coordinator
of transportation, his recent
charges that some carriers were
interfering with labor organiza-
tions in violation Of the emer-
gency railroad act.
At the same time at a larger
gathering the Eastern presidents
conference was furthering pro-
gram designed to unite the rail
roads and their employees in legis-
lative and other activities to their
mutual advantage.
M. w. Clement, vice president
of the Pennsylvania, reported that
the general merchandise piers in
the Wallabout Basin had been
consolidated by linking those
owned by the Lehigh Valley and
the Baltimore and Ohio with the
piers of the New York Central and
the Pennsylvania.
Reports on the consolidation of
grain elevators at Baltimore and
ticket offices here we're also pre-
sented. together with data regard
ing coordination of competing
train service.
The Washington times., 1933-12-16

b seasoned increase.
This change seems to be due
chiefly to the fact that the Gov
ernment'S various recovery plans
are now having a cumulative ef-
feet. Not only is the public works
program PWA) getting into ac-
ton, but in order to speed up the
spending, part of the public
works appropriation has been
diverted to the CWA and to
loans to railways.
By this means, the money
can be spent faster and be
put into circulation" more
rapidly. Evidently the aim Is
to speed the stimulation process
50 that when Congress meets
there will be less discomfort
"back home"
Perhaps the most notable as
pect of the situation just now is
that we are witnessing a veritable
ERA Of good feeling" On all
hands, one senses conscious
dAAu ACAADCA dOC 4A1ONC w SSb NC
hind the President"
Compromise is in the air.
Doing Less Talking
On the one hand, the Admins
tration is doing very little talking.
Gen. johnson has been around
explaining" but not cracking
down" Above all, the President
has been emphasizing the idea
that we seem to be on the
way" but that we have a long
way to go, and that it will take
time. No more talk of Tories" !"
Less swatting of the money
changers"
On the other hand. the
"TOries" have suddenly quieted
down. What promised to be q
lively Sound money" movement
has so far been a complete flop,
and in its place we find talk
about some vague sort of "sta-
bilizatiOn."
At the same time, the opposi-
The Washington times., 1933-12-16
SMALL
FOR DOLLAR

NEW YORK. Dec. is G.N.SD.
The dollar was steady today as
the Reconstruction Finance Cor
poration held the gold price at
$34.01 an ounce, unchanged for
the fourteenth successive business
day.
This gave the dollar here an
indicated value of 60.77 cents
against GAIL cents in terms of
the French franc ana 63.9l cents
in terms of the world gold. price.
British pound sterling ad-
vanced 15s to $5.12A. Scandina-
Wan exchanges gained moderately
and the Canadian dollar gained
one-Sixteenth of a cent to sell at
thirteen-Sixteenths of l per cent
over the dollar.
European gold currencies again
showed improvement over the dol
lar. French francs gained 2
points at 6.14h cents, Swiss
francs 20 at 30.34, Belgian belgas
8 at 21.83, and Dutch guilders
20 at 63.05.
The restricted gold exchanges
were similarly strong in their
movement against the dollar.
German marks gained IL at 37.37,
Italian lire 112 at 8.24, and Span
iSh peSetaS Z at 1898.
The Washington times., 1933-12-16
RGlv Sugar Stocks
Drop 100000 BnQS

Raw sugar stocks in licensed
warehouses in New York de-
creased over 100000 bags from
December 7 to Is, according to
the New York Coffee and Sugar
Exchange. This decrease is in
line with the recent drop Of II
points in spot sugar to the cur
rent 3.19 duty paid price. Re-
finers elected to buy sugars here
because Of their inability to Sc
cure prompt supplies from pro-
ductng countries.
Stocks on December IS were
515,547 bags against 616,181 bags
week earlier, 630,174 bags a
month ago and 261, ,32O bags on
December IS last year. Only 2,o42
tons Of raw sugars arrived at At
lantic ports during the past week,
The Washington times., 1933-12-16
Quattlander Quits
As Hahn Store Head

NEW YORK, Dec. 16 GNSO.
Resignation Of Paul Quattlander
as president of the Hahn Depart
ment Stores, effective January 81,
announced yesterday, is the sec
ond recent important change in
the company roster. On August
81, last. L. j. Hahn, chairman OF
the board, resigned.
In connection with his resigna-
tion, Mr.. Quattlander said that
for the 10 months ended Novem'
ber 30, 1893, the profit and loss
account showed betterment over
last year of $2,850. 900.
The Washington times., 1933-12-16
Government Spending
Speeds Business

ton to NRA codes" appears to
have died down considerably. The
troublesome food codes have been
transferred from the AAA juris.
diction to MIRA, and evidently our
business leaders figure that their
best chance is to play the game
inside the code organizations-at
least for the present.
Bank Opposition Wanes
And the opposition of the banks
to deposit guarantee and to sell
ing preferred stock to the Govern
ment-where is it?
Finally, the infIatiOnists are
keeping one foot on the band
wagon, merely insisting that
"StabilizatiOn" must mean a 50
cent dollar. They know that
labor is opposed to monetary in
flatiOn, and that a successful
Presidential veto would stop any
"greenback" legislation.
So the situation is temporarily
deadlocked.
I think this condition results
from the following developments
l. The gold buying experiment
failed to affect domestic prices
2. Government credit Cbonds)
turned weak. 3. There was a furor
among sound money" advocates
which showed strength, and prom
ised to split the Democrats. 4
Business activity and employment
receded.
Money Tinkering HaltS
So money tinkering has been
soft pedaled. Steps have been
taken to bolster up Government
credit. Increased distributions OF
Government funds among the peo
pie have been resorted to. This
requires the cooperation of the
banks, which has been easy tc
get, because they are SO involved
with their large holdings Of Gov
ernment bonds.
So now we are to see q period
Of increased Government borrow
ing, with the aid Of bailed out and
controlled banks, for the purpose
of Government. spending.
Business men hope this will
stimulate their individual bust.
ness. Radicals hope it will in
crease "cOllectiviSm." Sound
money men hope for early re-
valuation and "stabilizatiOn."
InflatiOnistS hope it will lead to
greenbackS.
Obviously it can't do all these
things, for some of them are in
contnct. But for while these
divergent interests are going tc
"get behind the President" This
some do in the fear of revolution
or a break in Government bonds;
and others in fear of a conserva
tive reaction and "stabilization.'
This is not a stable situation
But it can last as long as Govern
ment credit enables the spending
to go on.
The Washington times., 1933-12-16
REACTION
WIDESPREAD
AND SHARP

NEW YORK, Dec. 16 G.N.s).
The curb market turned reaction.
ary today, as persistent pressure
on specialties and utilities led to
general decline all along the
line.
General Tire and Rubber was
an outstanding weak spot in the
Specialties, cracking 4 points to
II. Aluminium dropped 2 points
to IS, and Singer Manufacturing
was off 2 at 158.
Heavy Loss for Utility
Northern States Power A was
hardest hit in the utility division,
slumping 3 points to a record low
at 1512 on omission Of its diW-
dend payment. American Gas
and Electric dipped % to 20B,
Electric Bond and Share was off
% at 1919, and American Super
power eased " to duplicate it's
low at 21s.
Hiram Walker was weakest
among the alcoholS, easing 13s
points to 43A. Canadian Indus
trial Alcohol A met good support
on reports that negotiations were
under way with National Distill-
ers for a merger with that COM
pany.
New Jersey Zinc was hard hit
in the metals, dropping ~ points
to 60K2. Newmont lost u at
461a.
Atlas Corporation Slips
Oils were in supply, with Gulf
off s at Sc. Humble off "a at
101 B, and Creole off "a at 1902.
Atlas Corporation was carried
back almost a point to 1914 in
the investment trust list.
Cities Service common held un-
changed at 124, although the de-
bentures sagged u to 3134.
Curb bonds were irregular, al
though few changes of any great
Importance developed.
The Washington times., 1933-12-16
NEW YORK CURB LIST
High Low ICloss
Locus Stock Sale
Blocked by Court

NEW YORK, Dec. 16 G.N.S0.
Plans to auction Loews, Inc.
stock held by Film Securities
Corporation, Inc, due to a de-
fault on the latter's 100000
bond issue. were baked today
through an injunction against
delivery of the Loews securities
to any purchaser.
The restraining order was
signed by Federal Judge John c.
Knox on application of the
United States Attorney Generals
office. Federal attorneys con.
tended the securities, delivered
to Film Securities by Fox Film
when their ownership by Fox
was found to be in restraint OF
trade. might be returned to Fox
or some other movie unit, once
more violating the antitrust
laws
The Washington times., 1933-12-16
PENNSY COVERS
81 DIVIDEND

NEW YORK, Dec. 16 O.N.S0.
Pennsylvania railroad earnings in
the ten months ended october 81
were sufficient to cover a 81
dividend for the year, it was
disclosed today.
Net income amounted to $751;
223,513, equal to $1.15 a common
share, compared with $12,593, ,447,
or 95 cents a share, in the cor
responding period last year.
In March this year. the road
declared a dividend Of so cents,
with the notation that further
disbursements would depend on
earnings.
Current assets on October 81
totaled $8S,601, ,983 and current
liabilities $34,049,797, against
$113.992,193 and $55,594, ,497, re-
Spectively, a year earlier.
The Washington times., 1933-12-16
National DistiILers
May Buy Competitor

NEW YORK, Dec. is GN.s).
Negotiations for the acquisition
of Canadian Industrial Alcohol
Co., one Of the leading whisky
companies in the Dominion, by
National Distillers, are under
way, it was learned today.
Consummation Of the deal
would increase National Distillers
position in the industry and give
it a hold not only in Canada
but in the Scotch trade. Cana
dian Industrial owns 80 per cent
of Robert McNiSh & Co., Ltd,
in Glasgow.
Among the we'll known brands
the American company would
get are Old Grow, Old Kentucky,
Green River, William Penn,
Greenbrier and Embassy.
The Washington times., 1933-12-16
Hog Market ActiUe
And 10 Cents Higher

CHICAGO, Dec. 16 G.N.S).
The hog market was active and
1Oc higher today with top at
SO 40. Not many good hogs were
on sale. The market Is 10c
lower than a week ago and
slightly higher than a year ago.
Light weight steers and year.
lings are Csc higher for the week
and the heavy cattle are Is to
SOC lower. Cows and heifers
show Csc decline for the week.
Feeders sold Csc lower.
Lambs are Csc lower than at
the high time Of the week with
good grades quotable at 81 to
$7.40.
The Washington times., 1933-12-16
'TRENDIN BONDS
IS GENERALLY
DOWNWARD

NEW YORK, Dec. 16 U.N.S0.
The bond market turned gener-
ally downward in today's session,
with heavier pressure on rails and
certain domestic corporation is
sues, giving the list as a whole a
somewhat unsettled tone.
Losses in the speculative car
rier favorites ranged from frac-
tions to point.
Many Issues In Supply
Such issues as the st. Paul IS
A, Chesapeake Corporation SIS,
Rock Island refunding As, Great
Northern 5hs B, Katy adjust
ment IS, New York Central SIS,
Northern Pacific IS, Southern Pa
cific 41as of 81 and Southern
Railway general IS were in sup
ply.
Declines in both second-grade
and investment caliber domestic
corporation liens were generally
restricted. Warner Pictures IS
and Postal Telegraph IS were
singled out for pressure in the
more speculative category.
Minor losses were registered in
such prime savings bank favor
ties as the American Telephone
SIS Of '65, Atchison general IS
and Consolidated Gas SIS.
Germans Under Pressure
German bonds were under re-
newed pressure in the foreign
division, with the 5las off 11s at
49B, the Agricultural Bank IS
Of re and 80 down 13s at 507s,
and lesser declines sustained in
other Reich issues. A firm tone
was shown by the United King
dom Is, which moved up almost
a point to 1877, and the French
rs, which gained 70 to 1601s.
U. S. Governments were little
influenced by the continued
maintenance Of the gold price at
the $34.01 level, with slight gains
offsetting minor losses.
The Washington times., 1933-12-16
Third Quarter Loss
Is Reported by Loft

NEW YORK, Dec. 16 G.N.S).
Loft, Inc, report for the nine
months ended September 80,
showed a net profit of SAL, ,984.
after all charges compared with
a net of $58,383 in the CORE
spending period last year.
In the September quarter com
pany had a net loss of $64,294.
against a net profit Of $82,332 in
the preceding period and a net
loss of $43,281 in the like 1882
quarter.
Sales Of the nine months
totaled $9,0O0,539, against &c.
973,OO7 in the first nine months
last year. Third-quarter sales
were $2,816,513.
The Washington times., 1933-12-16
Good Pickings
In Business

Rand Mines increases, four
companies resume and 13 de-
clare regular dividends in day
Railroad car lOadings last week
81 per cent ever 1882 like pe-
riOd. Toledo tool factories
working at full cOpacity. .
Standard Oil of Indiana reports
payroll increase of S6,9OO,OO
yearly. L. Youngstown steel oper-
ations rate Of 40 per cent pre-
dicted. Extra dividend declared
by Parke, Davis & Co. New
York chain store sales well above
year ago. New insurance writ
ten in November tops that Of
year ago. Simmons Company
reports November sales 22.5 per
cent above 1882 month. Better
business generally and increased
employment reported by Dun &
BradStreet review. Int er ma
tiOnal Telephone and telegraph
third quarter net income nearly
doubles that Of preceding period.
The Washington times., 1933-12-16
Life Insurance
Shows Gain

NEW YORK, Dec. 16 U.N.SO.
New life insurance production
for November was Is per cent
greater than for the 1882
month, IL was reported today.
Industrial insurance, for the
fourth cOnse cutive month,
gained over the corresponding
period last year, showing an
increase of 81 per cent. Group
insurance also showed an in
crease, gaining 14.4 per cent.
The cumulative total for all
classes for the first IL months
of 1888, however, was 15.1 per
cent less than for the same
period of 1892.
The Washington times., 1933-12-16
Atlantic e Pacific
Sales Off SLi0htLu

NEW YORK, Dec. 16 G.N.SD
Sales of the Great Atlantic g. Pa
cific Tea Company in the five
weeks ended December amounted
to $77,630 ,688, it was reported to.
day. compared with $78.623,741 in
the same 1892 period, a decrease
of 1898. .053, or 1926 per cent.
November tonnage sales were es-
timated at 460,525, as against
494,043 in November last year. a
decline in quantity of merchandise
sold of 33,518 tons, or 6.78 per
cent
The Washington times., 1933-12-16
RANCE NARROW
FOR COTTON
FUTURES

NEW YORK, Dec. 16 G.N.S0,
Cotton futures held little under
the previous close throughout to
days short session.
The market disregarded Liver.
pool cables, which we're 4 to z
American points higher than due,
opening off to 4 points and then
holding within narrow trading
limits.
Statistics UnfavOrable
Liverpool, the trade andd Wall
Street were on the buying side
while offerings were supplied by
hedges and Southern and New Or
leans. selling.
Weekly statistics we're gener-
ally unfavorable,' with forwarding
to mills less than the previous
week, although still a shade better
than in the previous year and
with exports continuing to show a
falling off as compared with a
year ago.
The visible supply Of American
showed its first decrease since
August "a and the total into sight
for the season to date fell behind
last year for the first time, after
having run heavily ahead under
recent date.
Weather Mostly Cloudy
The weather map showed gen
orally cloudy conditions, with
light scattered rains over portions
of the eastern and central cotton
belts and fair to partly cloudy IN
the West, with no rainfall.
Toward the close prices were
off 3 to 5 points, with January off
3 at 9.97, March off S at 1901,
May off at 1927, and october
~RR -
The Washington times., 1933-12-16
NEW YORK PRODUCE

NEW YORK Dec. is s).-EggB
Market steady. Nearby white Specials
26@26hc, standards 23c, mediums 22c;
nearby brown specials 26c, standards
236e24c mixed specials 24G Csc, stand
ards 23c: rehandled frsts 17@1Sc,
seconds none, medium 15hC. Pacific
Coast white. fancy packs 29l2 q 30c.
standards 2sh ?9c, mediums 23c.
The wholesale price is sea per 100
pounds No. f'uid milk within the
201-21O mile zone.
The Washington times., 1933-12-16
NEW POLISH SHIPS

The Gdynia America Line, in
the endeavor to improve direct
communication between Poland's
new modern port Gdynia and
New York and Halifax, main
tanned by it's steamers, has placed
an order recently for two mod
ern and fast transatlantic motor
liners of about $4,000 gross reg
istered tonnage.
The Washington times., 1933-12-16
RAY IS PROMOTED

George J. Ray has been named
vice president and general mana
ger of the Delaware, LackaWanna
and Western railroad to succeed
Edwin M. Rine who will retire
January /. Ray has been chief
engineer of the LackaWanna for
Is years.
The Washington times., 1933-12-16


In a sense,
however, these
represent water
over the dam.
Thus far in
December, the
weekly indexes
and trade re-
ports indicate
some upturn in
activity. For
example, steel
production has
gained quite
sharply, and
electric power
production has
shown at least
The Washington times., 1933-12-16
Insurance
PGUn1ent Due Dec. %

NEW YORK, Dec. 16 G.N.S).
Banks here under the new Fed.
eral Deposit Insurance Corpora
tion today had been notified that
the first payment under the tenn
porary insurance plan are due
December % and are based on
deposits as of December Is.
The Washington times., 1933-12-16
DIVIDEND RESUMED

Paraffine Companies, Inc, re-
sumed dividends with q declara-
ton Of so cents q share, payable
December ~ to stock Of record
December 1S. The last payment
was so cents on March ~, 1882.
The Washington times., 1933-12-16
CLOTH MARKET

NEW YORK, Dec. 1S IN,s,).-The
coarse yarn cloths market was moder-
ately active today as forward covering
on print cloths and carded broadcloths
was resumed.
The Washington times., 1933-12-16
BY LEWIS HANEY
Professor Of Economies, New York
rmivRralf~

Universlty
The other day I stated the
facts as to November business
statistics, and all showed a con-
fir,1aI laoliVnA