davidaulloa/AmericanStories huggingface dataset:
Evening star., 1933-01-15
LEESBURG BANKS.

LEESBURG, Va, January IA (Spe-
ciaD .-Leesburg banks reported that the
past year had been very satisfactory.
The annual elections resulted as fol-
lows: Peoples National Bank of Lees
burg, Bruce Mcintosh, president; o. /
Thomas, vice president; w. o. Russell
vice president; JoSephus Carr, cashier
A. S. Jenkins, assistant cashier; j. L.
Mcintosh, assistant cashier; T. F. Os-
burn, trust officer; E. N Bradfield, as
sistant trust officer, and w. H. Martin
attorney. Directors reelected are: M
D. Arnold, Cecil Connor, w. c. Fletcher
w. H. Frazier, Thomas B. Glascock
Robert N. Harper, J. M. Hatcher, w
S. Jenkins, Bruce Mcintosh, F. T. Ross
w. o. Russell, j. F. Ryan, F. z
Saunders, o. I. Thomas and L. w
Workman.
The Loudoun National Bank of Lees
burg reelected the following officers
Edwin E. Garrett, president; A. Dibrell
vice president and cashier; E. l.. Nc
Farland, assistant cashier, and Mrs. M
K Warner, assistant cashier. Directors
reelected are: H K Arthur, A. Dibrell
John NJ Douglass, Edwin E. Garrett
w. H Grubb, Coleman c. Gore, Bent
ley Gregg, William Groom, Victor B
Harding, F. M. Love, E. L. Mcfarland
w. A. Metzger, Volney Osburn, Edgar
Peacock, H. T. Potterfield, A. G. Reid
and M. Il. Whitmore.
Evening star., 1933-01-15
INDUSTRlALIST SEES
RECOVERY ON WAY
Bush Believes World War Debts
Could Be Converted Into Pri-
vate Bond Issues.
BY the Associated Press.


NEW YORK, January 14-The
country has been in the first stages
Of economic recovery for the past six
months, in the opinion of Irwin T. Bush,
prominent industralist. and realistic
approach to the grave problems still
to be met will hasten better times.
at is said our present troubles are
because the old economic laws have
not worked" he said in an interview.
THE reverse Is true We are in trouble
because the old laws have worked
ruthlessly. We are paying the price Of
disobedience to those laws.
I'VE cannot borrow ourselves out of
debt, nor can we collect from debtors
more than they can pay. 1t is time
to quit kidding ourselves"
Bush, as chairman of the Bush
Terminal Co., with its eight piers and
some 140 warehouses and loft buildings,
housing some $50 wholesalers and
manufacturers with worldwide affilia-
ations, sees the depression as q world
problem, to be solved only through in
ternational cooperation.
But economic solutions are not as
difficult as politics have made them
seem. War debts could be transferred
into the hands of private investors
through converting them into bonds,
and thus remove once and for all as
q continuous source of international
irritation. Tariffs are not impeding
world trade so much as restrictions on
dealings in foreign exchange"
Evening star., 1933-01-15
STEEL PRODUCTION
NOW AT Is PER CENT
Buying by Auto Trade Is Helping
Industry-Copper Market
Remains Quiet.
By the Associated Press.

NEW YORK, January 14.-Demand
for steel has failed to show seasonal
Improvement, it is reported but pro-
duction schedules have expanded mod
erately to an estimated Is per cent of
ingot capacity on sustained buying by
automobile manufacturers and some
gain in tin plate specifications. Re
ports of concessions for sheets created
uncertainty in the price situation. De-
mand for pig iron remained small at
unchanged prices.
Copper remained quiet this week
with domestic quotations nominally un-
changed at the basis of cents for
electrolytic delivered in the Connecti-
cut Valley. Producers refrained from
pressing the market in absence of buy
zig interest, which was restricted to
carload lots. However, little more in
quiry for second quarter delivery was
said to be developing. Demand for
abroad, which had become moderately
active during the middle of the week.
tapered off later. However, rather
steady buying for prompt shipment was
said to reflect need for metal for for
etgn consumers.
Evening star., 1933-01-15
HOME LOAN GAINS
ARE SEEN FOR 1883
Head of U. S. League Be-
Iieves Billion and Half
Will Be Advanced.
BY the Associated Press.

by the ASboclaLeo Press
CHICAGO, January 14-Belief that
possibly more than a billion and half
dollars will be loaned to American home
owners in 1888 was expressed by Ward
B. Whitlock, president of the United
States Building and Loan League.
In an analysis of his industry's out
look, Mr.. Whitlock cited the dying
halt of decline in realty values" as lead
ing symptoms of economic promise.
Home mortgage loans. he said, will
account for a much larger part of
building and loan association activity
this year than last.
Last year associations paid out
$4,000, 100000 Of their current receipts
in loans, repayment of savings and divi-
dends," he said only some $780,
600 900 was estimated to be in the form
of mortgage loans. which make up the
real business of the institutions.
Pickup Of Operations.
"a notable pickup in loaning opera
tions in the last two months sets the
stage for our belief that possibly more
than a billion and half will be loaned
to homo owners in 1888.
This is due not only to increasing
ability of associations to allocate cur
rent funds for loans but to the warm
ing I'D of pubic sentiment about the
home"
Because associations and other home
financing agencies are in a better posi-
ton to make loans, Mr. Whitlock con-
tinued, the residential real estate mar
ket now is getting "the credit support
which it long has needed"
las a result there are pretty good
signs that def1ation has run its course
in this field. Prices don't seem to be
going any lower The person who wants
to own property feels that now is the
time to buy
Financing for his purchase is avail
able, or soon will be, so there are def
mite reasons to expect an influx of loan
applications from would-be home own
ers.
Reserves Are High.
"This year reserves Of IL 900 associa-
tions have reached the high point of
approximately per cent of total LA
bilities. This gives them an oppor-
tunity to set their financial house in
order, writing down the value of real
estate on their books to present market
values-without placing cent of loss
on the shareholders.
This procedure also is aided by ap-
parent stabilization of the real estate
market. The process of writing off
losses Is not apt to have to be repeated
with respect to the same properties
now being carried at their market value,
if the market declines no further, and
if absorption Of available houses goes
ahead as signs point today"
Evening star., 1933-01-15
BANKERS WILL HOLD
BERRYVILLE MEETING
Col. McAdams, Former Head Of
State Organization, Is on
List of Speakers.
Special Dispatch to The Star.

WINCHESTER, Va, January a.
Col. Thomas B. McAdams, Richmond,
a former president of the Virginia State
Bankers Association, will be the princi-
pal speaker at the annual meeting of
group No. 8 of that organization to be
held January 19 at Berryville, it was
announced today by the committee in
charge Of the program.
Other speakers will include Robert
Whitton, Alexandria; S. w. Keys; Glad
Springs, and John w. Garrett of the
Federal Reserve Bank, Richmond. The
address of welcome will be delivered by
j. Edward Thoma on behalf of the town.
and the response will be by John I.
Sloat, Winchester.
Business sessions will be held in the
Clarco Theater, and the luncheon will
be served at the Berryville High School
by the Kings Daughters. An attendance
Of approximately $50 bankers from
Northern Virginia counties are expected
to register for the convention. which
Is held on State holiday, the birth
day Of Gen. r. E. Lee. The local bank
ers' committee includes Ralph NJ Ware.
]. T. L. Jones. Lewis N. Glover and j.
F. Spates.
Evening star., 1933-01-15
Carloadings Rise
In Week but Fall
Below 1892 Total
Increase for Period End
ed January Z Is 28,873
Over Previous Figure.
Ry the Associated Press

By the Associated Press.
The American Railway Association
announced yesterday that car loadings
of revenue freight for the week ended
January Z were 435,652 cars, an in
erase of 28,873 over the preceding week,
but a reduction of 136,026 under the
corresponding week in 1882 and 277,-
476 under the same period in 1881.
The week of January z this year con-
tanned holiday, but the correspond
ing weeks in the two previous years did
not.
Miscellaneous freight loaded for the
week of January totaled 140, ,480 cars,
an increase of IL ,421 over the preceding
week, but 43,723 under the correspond
ing week in 1882: less than carlot mer-
chadldise. 133,534, increase 6,263 over
the preceding week, but 1896 under
last year; grain and grain products
4,108, increase 2,079 over the preceding
week, but 1884 below last year; forest
products, 1922, increase 2,793 over the
preceding week, but 4,579 below last
year; ore, 1,216. decrease 239 cars below
last week and 1878 below last year;
coal, 103,086, increase 3,239 over the
preceding week. but 22,84l under last
year; coke, SPIT, increase 958 over
the preceding week, but 728 below last
year, and live stock, 15,709 increase, O.
359 over the preceding week, but 1857
below last year.
Evening star., 1933-01-15
Building Association Election.

ROCKVILLE, Md, January IA (Spe-
ciaD Stockholders of the Citizens
Building 65 Loan Association of Mont
gomery County held their annual meet
ing in the Offices of the association here
and elected the following directors:
S. Walter Bogley. Harold E. Doyle,
Dr. Howard H. Hewlett, John H Hunter,
Howard McC. NARROW, DR.. Claude w.
Mitchell, william F. Prettyman, Will
liam R. Pumphrey. jr.; Clifford H.
Robertson, John D. Diamond, Roy M
Heizer, Frank L. Hewitt, Augustus r.
Selby, Garland M. Wolfe, Frank B.
Severance and George M. Wolfe.
The directors selected these officers
President, John D. Diamond; first vice
president. Frank L. Hewitt; secretary,
Clifford H. Robertson; assistant secre-
tary, Miss Ann Yearley; treasurer,
George M. Wolfe; attorney, William F.
Prettyman Selection Of a second vice
president was deferred.
Evening star., 1933-01-15
Petition in Bankruptcy.

NEW YORK, January IA (P)-A VOL
untary petition In bankruptcy was filed
in Federal Court today by the Nc
Crory Stores Corporation of Delaware,
holding company, with Offices at 1lo7
Broadway.
Judge Robert P. Patterson Of the
United States District Court, appointed
the Irving Trust Co. receiver.
The petition was signed by Leon
Brick, vice president, and attached to
it was q copy of resolutions adopted
yesterday by the board Of directors.
These set forth that the corporation
Is unable to pay its debts In full and
directed the oflcers to file q petition
in bankruptcy. No schedules were fled
with the petition.
Evening star., 1933-01-15
WINTER WHEAT PLANTING
IN MARYLAND INCREASES

Paintings Of Winter wheat for next
years harvest in Maryland are es-
timated at 100000 acres, or about 2
per cent more than the revised estimate
Of acreage sown in the FAN of 1881,
according to Richard G. Ross, agricul-
tural statistician for the Maryland Crop
Reporting Service.
This acreage is much smaller than
Is usual for the State, but dry weather
conditions delayed preparation Of seed
beds and planting operations.
Evening star., 1933-01-15
COM MERCIAL BANKS
MAKE GOOD SHOWING
Comparatively Small Loss in De-
posits Revealed During Op-
erations of Last Year.
BY the Associated Press.

NEW YORK, January 14-The larger
commercial banks of the country suf-
fered comparatively small loss in de-
posits last year in spite Of the periodic
banking scares during the period, the
Financial Age reported today
Deposits of 1876 important CONNER
cisl banks carrying AZ per cent of the
total deposits of the country showed a
drop of $311, 100000. or 11a per cent,
against total reduction in the deposits
of all banks of more than 20 per cent.
A still better showing was made by
the AZ leading commercial banks with
individual deposit liabilities Of s100, ,000,-
900 or more. The decline Of this group
was sl14,563, 900, and many of the
banks experienced substantial gain In
deposits during the year.
Evening star., 1933-01-15
Tennessee Tobacco Sales.

GREENEVILLE, Tenn, January II
P1.-Burley tobacco en- Greeneville
markets this week brought growers
s404, ,968.86. The weeks average was
$3.50 a hundred pounds. Friday 517,-
956 pounds sold for a $15.25 average.
$15.o4 Friday, and at Morristown 1885,
688 pounds sold for $35, ,704.35.
Evening star., 1933-01-15
New Merchandise in Demand.

NEW YORK, January IA R.-Lack
of stocks in wholesalers hands Is
making 1t difficult to meet demands OF
stores for immediate delivery OF mer-
chandise of various kinds. The prin-
cipal call is for new merchandising pos
sessing novelty appeal, which is in good
consumer demand.
Evening star., 1933-01-15
EARNINGS REPOPTED.

NEW YORK, January "A CP).-Per-
share earnings of corporations report
ing last week, with 1881 comparisons
included the following:
Evening star., 1933-01-15
SILVER QUOTATIONS,

NEW YORK. january IA tP).-Bar
silver steadier. "a higher at 254.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-03-07
AL SMITH PARADES

The Governors rode in Imousines Al Smith
walked. He walked with the New York Tammany
crowd, one Democrat among 10000 marching
He might not have gone to the Inauguration of
President Franklin D. Roosevelt at all. He might
have done anything but walk along as one person
IN great procession which, had his own dreams
come true would have been reviewed by himself
Several motives possibly took Al Smith afoot into
that parade. The first that he was citizen and
Democrat first and a strong wiIled leader second.
The country in the midst of a grave crisis out
OF which all must march together At the inaugural
ball, Al Smith did not even set the pace He
marched He marched with the rest.
The effect of what he did was dramatic. Next
to the President Shone Al, the plebeian Democrat
walking in the same spirit in which Thomas JEFF
ferson drove his gig in Washington, tied the horse
to a post, and went in and was inaugurated
The crowd cheered Smith every step of his march.
and when he dotted his topper before the new
President then was the climactic point of the dem
onstration.
This was the spirit of democracy this trek of Al
Smith along with the 10000 1t is the spirit which.
practiced by all the people of all sorts and desctip
tons, will save this country as the elected leader
leads
AS Al Smith marched, so must march the 12o.
100000.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-03-07

form of government guarantee Of segregated de-
posts.
This regulation appears especially significant
when interpreted by the following statement Of pol
icy made by the President to the Governors con-
ference:
The only way in which that money Gin segre-
gated accounts) can be kept absolutely safe beyond
peradventure Of doubt is by using methods to keep
it safe-frst, keeping the money in cash the way
is put in; second, deposting it in the federal
serve bank; and third, purchasing government bonds
with it. We want, if possible, to have general
banking situation, that is to say covering national
banks and state banks as uniform as possible
throughout the country. and at the same time we
want to cooperate with the states in bringing about
that uniformity"
SO the President is fighting for more than
emergency banking relief. He is striving to create
a permanent protective banking system that will
work.
If the moratorium contributes to that basic and
lasting bank REFORM it will be great boon for the
country, infinitely Important than the mo-
mentary inconvenience it causes.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-03-07
Just. Plain Sense
BY MRS. WALTER FERGUSON

"nEAR MADAM" says postcard message, IF
~ you want to be a good American, you should
read" and several publications are listed
My first idea, naturally is to find these recon-
mended views. But on second thought decide that
after all I have no desire to be good American"
You see, good many of them turned out to be
rather bad Americans at least as far as service to
their country is concerned Like numbers of other
people. have grown little suspicious of the per-
son who calls himself "a good American"
Since certain ardent patriots successfully have
combined flag waving with high finance I mag
inc this class ventualy will come to be held in the
same repute as the 100 per cent variety.
Because, it seems-if we are to Judge by past
performances-it is very easy, indeed for a good
American to be poor citizen. And the individual
who declaims his worth as nationalist may be ex-
pected sooner or later to turn out an international
rascal.
THE great men of past, to whom we turn
= for inspiration, did not spend much time telling
about what fine Americans they were They
proved it.
And they didn't prove it trying to grab every
thing in America for themselves They were willing
to divide America up with the other fellow
1t does not seem to me that man reasonably
can call himself a good American unless he feel
some concern for the world of which his America
is a part In the twentieth century, at least. our
destiny is linked with the destines of other lands
No man in these days can live entirely to him
self. Economically, he is dependent upon his fell
lows. And nations. like men, must now survive to-
gether or sink alone.
Isolation, fear, would be splendid long, even
for all our good Americans"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-03-07
BANKING PROGRESS

Day by day, even hour by hour President Roose
welt moves forward in his fight against national
banking chaos
In a series of treasury department regulations
Monday night, he frightened the lines against
flight of gold but at the same time humanized the
moratorium to cause minimum of hardship.
A few hours earlier, he addressed the Governors
of the states indicating that his permanent program
for unemployment relief, mortgage relief and bank
ing reform will go far beyond the temporary bank
moratorium.
He is not going to stop with tinkering. He in
tends to rebuild. The Governors cheered him and
pledged their support The public responds hope
fully and loyalty
Several of the new moratorium regulations are
important Two of them should do much, especially
to restore confidence, One permits banks which had
accepted new demand payment accounts after local
moratoria, but prior to the national moratorium,
to make their pledged payments these segregated
deposits.
Another regulation permits banks to reopen safe
deposit vaults for unrestricted Withdrawals 1t is
essential that banks take advantage of this regula
tion not only to revive the lost faith of their safety
box renters but also to facilitate the outflow of
boarded gold and currency
A humane regulation permits wide exemptions
from the moratorium in favor of food distribution.
Banks are empowered to pay out currency for han
ding business connected with transportation and
delivery of food.
One vital question remains undecided: How to
meet pay rolls? The administration understands
the seriousness of this problem and the necessity
of helping corporations pay wages Immediately,
without waiting for resumption Of normal banking.
1t is desirable that labor receive at least part of
its wage in currency, and the government is trying
to find a way of adding this eXception-along with
food distribution-to the general moratorium.
BY calling upon the public to open new segre-
gated accounts payable by the banks on demand in
currency and by offering all banks, including nom
members of the federal protective facilities
for these special funds which not be used in any
way except in payment to the depositor, the Pres-
dent is initiating form of unified national banking
under federal regulation for the complete protection
of the public.
Such safety device might permit modified
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-03-07

I hope that each time the
agents ordered a round they
raised their glasses high and said,
Here's to the taxpayer, the poor
sap! This is on him."
AS man who lives a methodi-
cal life, I hate to have any of my
favorite resorts pinched. 1t means
in many cases that 1 must walk
all of fifteen or twenty yards to
find another place. But my OBJ
lection to vigorous enforcement at
the present time rests upon some
thing more than personal preju-
dice.
Many have advocated all kinds
of cuts in the jobs or salaries of
the Woodworking clerical forces
in our national capital. I hate to
see single clerk thrown out of
work while prohibition agents still
clutter up the earth.
If there must be a show of en-
forcement until the very last state
convention has spoken it's piece,
then let it be directed toward
those few states in which there
seems to be majority for aridity,
or at least very stable minority.
can't quite understand just
whose interest is being served
when activity is concentrated in
New York City, which is at least
ten to one on the wet side. And
this is peculiarly so since our city
is the chief source of federal reVe-
nue..
hate to think that the income
tax payments which I manage to
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-03-07
american Doesn't Want CatspaaO Role

ME most peacefully inclined windbag get row if he
talks long and loud enough to admit it,
C seems TO the
Others W WV -Ne"1N " several
af roe is not popular with the American
iao VI tgng things
10 warrant It, but he diskes being Unanswered into
of the - F W " "'0P0 . 'i00'Hu'9 ouV
Ap % all else he diskes the idea quarrel
l' l sure hat the he
that Oogn reaay TO- ympath with China willing
o o""eSe imperialism revealed by the
become menace day average American far from h
that countries will " w 0'-''4Ns "0ouC II"
og So he feels that though the subject may be entirely
ment better would lie alone fF 01' VIC so'eil-
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-03-07

poems, They must be wrouoht bv
mind and heart and hand.
loo many men treat the church
as II 1t were a community PRAYER
wheel. They are willing to keen
II going, but they take no per
Sonal interest in it.
Yet without spiritual faith the
vast mechanism of modern life
Will skid into a ditch. as it has
come so near doing in the last
lew years. Mysticism is not a
luxury; it is a necessity.
Without it we are at the mercy
OF 'cynlcism, as we are TODAY
Mechanical invention has outrln
spiritual insight, and the still
small voice IS drowned in the din
OF grinding wheels.
soon it will be possible to sneak
10 the whole human race over the
radio. 1t is a marvel-but what
will that voice say? viii it take
advantage of the opportunity TO
advertise our goods. or will if nj
Ter a great, healing, reconcilinp
Word about one humanity and one
God and Father of all?
Gandhi and Ford must work
together, or we shall lose our wav
in a bog.
copyright: 1893. by United Features
0yholcate. Inc)
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-03-07
The Wall of q Wet

CONSIDER the sad fate of
~ James L. D., magazine con-
trlbutor and gag man, who writes:
My income from jokes about
prohibition alone ran far into
the thousands Of dollars dur
ing the last five years. What
subject will I find to replace it?
And what subject will you find
to replace it? All the time that
1 was writing those barbed para
graphs against prohibition I
thought that l was sincerely bit
ter against the eighteenth amend
ment and that in my own small
way I was helping to bring about
repeal.
The truth of the matter,
which I now realize, is that I
was tickled pink about the whole
business and having a good and
profitable time writing about it.
I've got at least two million pro-
hibition jokes left in my system,
and I'm damned if I want to be
cheated out of them!"
All I can suggest to Mr.. D. is
that he and I and Bishop Cannon
line up along rail and say to
the duly licensed man in the
white coat, Three beers, please"
And when the stems are set be-
fore us, there will be nothing for
the gag man and the bishop and
the columnist to do but weep into
them.
Copyright. 1888. by The Tines