davidaulloa/AmericanStories huggingface dataset:
The Waterbury Democrat., 1933-06-15

Railroads And The
Labor Forces Will
Soon Face Crisis

New York, June 15.-(UP)-The
nations railroads to-day asked
their 100000 employees to accept
q new wage reduction of IL 1-2
per cent. The request was con-.
tanned in a notice dispatched to tho
big Four of the 81 railroad
unions, along with invitations to
a national conference to discuss
the issue.
The reduction notice foreshad-
ows titanic struggle between
railroad and labor executives and
the eventual submission Of the con-
troversy as the first comprehen-
sive test of the arbitration machin-
cry provided by the railway labor
act. The problem was expected
to be considered to-day when the
Association of Railway Executives
meet in Chicago ostensibly for con-
sideration of railway coordinator
bill, now awaiting signature of
President Roosevelt, No formal
action on wages was expected, how
ever, since full power for negotia-
ton has been delegated to COM
mittee headed by William III. THE
hoff, general manager of the Chi
cago-Burlington and Quincy rail-
road. The heads of the 21 unions
will meet in Chicago Tomorrow to
discuss the wage situation.
The railroad action which was
not unexpected, came at the earli-
est possible moment under terms
of the temporary 10 per cent de-
duction arrangement now opera
tive for railroad union men. This
arrangement extends back to Janu-
airy 81, 1882, when a one-yeaf de-
crease was agreed upon, the money
to be extracted from pay envelopes
thus leaving unchanged the basic
wage levels. Early this year tho
arrangement was prolonged by
mutual agreement until october 81,
with the stipulation that manage
mems could make no move toward
breaking down the basic rates until
June Is, which Is to-day.
Despite the prompt railroad ac-
ton and the low levels of railroad
revenue some railway men viewed
the new ~ IL per cent request
in the light of strategic move
to make permanent the earlier ~
per cent reduction rather than an
effort to cut down the basic scale
by total of 20 1-2 per cent, al
tIOuBll WcSlCIn TOdAo navy pSSh
demanding O rs per cent diminu-
ton.
On the basis of present payroll
figures cut of IL 1-2 per cent,
making total of 22 1-2 per cent,
would be equivalent to from $247,-
500, 900 to $25S,750, 900. The wage
bill of the railroads-now about
1890, 1904, 000-represents approxi-
mately 60 per cent of the entire
cost of railway operation.
Tho Thiehoff committee is pre-
pared to contend that railroad pay
rolls were not Debated at the same
pace as other industries and are
now more out of line with costs of
operation. In addition 1t will point
to depressed income accounts which
despite the sharp squirt in car load
ings, will show majority of the
The Waterbury Democrat., 1933-06-15
VIII Be Host
Club For New
England Group
Bailey Named Chairman For Convention Scheduled
For June 1920 - 400 Delegates to Attend
Session - Discussed At TO-day's Meeting Of
Local Lions Club

various clubs in New England at
tended last years convention and
the local unit expects as many. If
not more, for the 1888 parley,
which will be the first one they
have sponsored in the history of
the club.
Mrs Glenn d. Sweet, wife of the
retiring president of the local club,
is general chairlady of the wo-
mems division, The vice-chair-
ladies will be Mrs George Baro-
MAN. Mrs Raymond George, Mrs
Adolph Raymond and Mrs L. Nor
ton Decker,
Some of the outstanding Lions
club members from different parts
of the country will address the
two-days sessions in Rhode Island.
AT this moons meeting of the
local club the business hour was
devoted entirely to discussions re-
garding the coming convention. No
speaker was heard to-day.
The Waterbury Democrat., 1933-06-15

New York, June 15.-As time
goes on, the scope and magnitude
of the advance in business activity
BECOME more apparent, states the
current issue of The Guaranty
Trust company Survey. Most Of
the basic industries. including steel.
automobiles, bituminous coal, cleo
trio power. lumber, and some
branches of the textile industry,
have already risen above the levels
of u year ago. Railway freight
loadings have exceeded the total
for the corresponding period of the
preceding year for almost the first
time since the depression began.
OBSERVATION-DISCLOSURES sales increased in
April by much more than the u.s.
ual seasonal amount.
Most significant of all, The Sur
vey continues, factory employment
and payrolls increased last month,
contrary to the usual April trend.
Tho increases over the March fig
ures were moderate particularly
In view of the abnormally depress-
ing Influence OF the banking
holiday. Recent reports from vari-
GUS industries however, indicate
very strongly that the upward ten
dency has gained momentum in the
The Waterbury Democrat., 1933-06-15
Railways Issue
NOice to Help
CONTINUED from Page l.,

Approximately 100000 railroad
workers. their families and their
mode OF living would be affected
Consequently n fierce fight was
clared unalterablc opposition to
proposed reduction.
1t appeared likely the conflict
between the giants Of transporta-
ton on the one hand and the
eventually be submitted to arbi-
tration under the railway labor act
before peace was finally restored
In the troubled railroad household.
1.-THE railroads to-day served no.
tices on all classes of their en-
ployes OF an intention to reduce the
basic rates of pay" said a state
ment issued by managers of all
the railroads. THE managers,
committee states that their DrOpo.
sition would bring rates of their
workers more nearly in line with
living costs and the rates paid in
other industries.
Unlike other Industries, the rail-
roads have not reduced the basic
""PN hhtt itcIu TIC DedhS VI UTOS~
porous years. such basic rates still
being In effect subject to a 10
per cent deduction from pay
checks.
THE notices given will put the
proceedings required by law In mo-
ton. looking to a definite DISPOSE
ton and for this purpose a CONFER
ence has been called at Chicago on
July IL. 1888.
In accordance with provisions
of the agreement of 1882. we have
authorized the conference commit
te of managers, to represent the
companies in the proceedings and
II Is our desire that they engage
quarters in the Palmer House."
The railroad unions were asked
TO advise the managers within 10
days IL the place and date of the
conference would be accepted.
The Waterbury Democrat., 1933-06-15
Great Britain Was
Made The Target
,,mn,lnuen from l.aye .,

stand In the way OF world recovery.
is as bold u piece of diplomacy as
can be found in history.
The tariff true (which was pro-
posed by the United States was
emasculated and rendered practi-
cally Ineffective by the reservations
OF Great Britain. Her pronounce
ments with reference TO the money
question would indicate that 1t
would be practically impossible to
adjust that problem. Hence, we
have u perfectly transparent pro-
gram to force the adjustment of
the debts without the adjustment
OF the real economic problems
which stand in the way Of world
recovery.
1t may be that Mr. Hull acted
Wisely in his opening speech in not
replying to these attacks and eX-
posing the program and the credi-
tor nations. l offer no criticism of
his speech, He disclosed fine
quality OF restraint but my opinion
Is that plain speaking will sooner
The Waterbury Democrat., 1933-06-15
BY ELMER G. Waller
united Press Financial Editor)

lUmhtcU GACo8 EEUNHCtNA GNAAtVAy
New York. June 15--(UPC-A
sharp break came into the stock
market late today after a dull ses-
The downward drive carried
some of the leaders to losses rang
ing from 5 to, Z points. Aall Sec
tons felt the anal recession. Trad
ing picked up. XII
Tickers were five minutes late
near the close.
Strength in the United States
dollar, with the pound sterling
quoted at $4.05 IA off ga cents,
plus weakness in commodities
brought the break in the stock
market. Wheat declined almost two
cents q bushel and cotton declined
about 81 q. bale.
. Farm shares were the hardest
hit. j. I. Case dropped below $7S a
share for about 81 loss; Sears
Roebuck was off almost points;
International Harvester lost more
than points.
Market leaders also felt the
down surge. American Telephone
dropped below $123 a share for a
loss of more than five points;
United States Steel approached $50
for a loss of almost four dollars
per share; American Can lost more
than A points. Allied Chemical lost
six points.
Motors Joined in. Auburn, one
of the wild performers in the days
of 1928 and 1929, lost more than
6 points; General Motors was off
more than point; Chrysler, which
had established a new 1898 high
earlier in the session, was Off frac-
tionally from the close yesterday
and about points from the days
high.
Railroad shares, which had main
tanned a fairly even keel, showed a
loss which averaged about / point.
New York Central, which had
The Waterbury Democrat., 1933-06-15
Acheson Asks The
People To Vote Repeal

ment while he was among the sold
iers in France and spoke to
groups of our soldiers of the bene-
fits we hoped would come to our
natin because of it,
This position" he said. was
gradually undermined by what |
saw during the ensuing years and
ass time went on was compelled
to sabandon 1t entirely. The Wick
ersham report was the final blow
as it revealed to me throughout
the entire nation the things had
observed We're to be found.
",rhe law was a failure and
worse than this, 1t had become a
source of crime and revenue for
criminals. Its effect on the youth
of the land was disastrous, it un-
dermlned the laws of the land and
the sworn enforcers of the law. 1t
is essential that all who desire
true temperance should vote for
the repeal of the 18th amendment
and show to the nation conclusive
ly that coercion can never be n
moral force or be used upon free
people"
The Waterbury Democrat., 1933-06-15
HARD TO AVOID
MISIiAPS ON CITY STREETS

one wonders why there are so
many accidents. on the public
rtreets. but were it not FOR the care
Of most drivers there would be a
great many more. Yesterday after
noon two boys crossing Cherry
street in II small wagon had Il
narrow escape from being run
Z down. The wagon tipped over
throwing the youngsters onto the
street directly in the path of II, car,
Fortunately, the man ut the wheel
was on the lookout and had II
car with good brakes else there
would have been tragedy in day
light. with two colored boys as the
Victims.
The Waterbury Democrat., 1933-06-15

London, June 15-(UP)- Geor-
ges Bonnet. French finance minis
ter, said tonight that France. Eng
land and the United States had
agreed on sterilization of the dol
lar. pound and franc for the du-
ration of the world economic con-
ference.
All nations attending the con-
ference probably will be invited
to adhere to the monetary truce.
he said.
Formal announcement OF the
agreement was expected shortly,
according to French sources. 1t
may not definitely fix the rate. bur
the French understood efforts
would be made to maintain the
present ratios.
Less Tina 8 Per Cent.
Washington, June 15-UP)-
Less than eight per cent of the
June war debt installments due
the United states was collected
today.
The debt situation at glance:
Total amount due the United
States. $143.6O5.294.
Paid or being paid, $11,34S.592.
Defaulting nations-France Bel
GUM. Poland. Romania. Esthonia,
Hungary. Latvia, Lithuania 'Jugo-
Slavia.
Paid In full-F'inland $i4s.592.
Paid In part-Great Britain, $fO,-
000. goo: Italy $t.000.000: Czecho-
Slovakia, between $4,000 and
$500, 900.
The Waterbury Democrat., 1933-06-15
BEER BUSINESS
NOT so JUICY

Hartford. Conn. June 15-CUP)
The beer business. so far as Jo-
seph Levine of Middletown is con-
cerned, isn't all it's cracked up to
be.
Levine. one of, the first to obtain
II package store license ttoday no.
titled the state tax commissioner
he was closing up shop, and mailed
In his state tax due July on what
he had thus far sold. Business,
said Levine. was Every SLOW"
The Waterbury Democrat., 1933-06-15

railroads to be operating at def
cit.
The union representatives, will
stand fatty against acceptance of
the new cut. Labor officials have
in the past threatened a nation
wide strike il necessary to maintain
wage levels.
Virtually all major railroads will
abide by the Thiehoff committee
decisions except the Delaware &
Hudson which negotiated reduce
ton of less than 10 per cent with
its own brotherhoods. The Ban
gorY and Aroostook, the Western
Maryland and the Gulf Mobile and
Northern also do not participate
In joint wage action.
The Waterbury Democrat., 1933-06-15
BROAD SCOPE OF BUSINESS
REVIVAL is MORE APPARENT
Survey Shows Most of the Basic Industries Already
Risen Above Levels of Year Ago.

last few weeks and that the figures
for May will show substantial
gains.
Improvement has also continued
in the financial situation. The ex-
change value or the dollar has
shown increasing firmness. The
withdrawal of currency from
boarding has proceeded to point
where the sharp increase in circu-
lation Immediately prior to the
banking holiday has largely disap-
peared. Gold reserves of the Fed
cral Reserve banks stand at the
highest total on record. The banks
open and operating without restric-
tons are estimated to represent 90
per cent of the banking strength of
the country, as measured by de-
posts: and the 5000 or more
banks that are still under restric-
lions are being rehabilitated as fast
as conditions permit.
The Waterbury Democrat., 1933-06-15
Developments of
London Session
,Continued from Page 10

tCOnttnued from tuSe ~
installment: Poland defers pay.
ment: Czechoclovaliia making part
payment. Out of $143.GO5, 900 duo
to-day, less than $15,000,000 to be
paid TO United States.
James NJ. Cox, of United States.
elected chairman of the world
economic conference monetary
committee after contest with
French. who get second most i'm
portant post.
Neville Chamberlain considered
as head OF British debt commission
to Washington when debt issue re-
opened. probably In July, in sopar-
ate negotiations with President
Roosevelt.
The Dcfaultcrs
Washington. June 15.-(UP)--
Three European countries default
ed their June war debt installmonts
to-day while Great Britain and
Italy made partial payment. The
defaults totalled more than
$5O,000,000. The defauiting ma
tions were France, Poland and
Belgium.
AS these countries notified the
American government that the pay
ments would not be made, the
United Press learned that Presi-
dent Roosevelt Is still determined
to insist upon at least partial pay
ment before any final settlement of
the debt question will be made
with defaulting countries.
The Italian government, adopt
ing tactics similar to the British.
notified President Roosevelt in Il
Formal note that $1.000.000 was
being forwarded as q token" pay
ment. This is less than 10 per
cent Of the $13.545,43S due.
French Ambassador De La Bou-
1aye, indicated that his government
was eager to convince President
Roosevelt that final settlement
should be made. 1t was understood
that the American reaction to the
French note, scheduled for publ
cation later in the day, would
greatly influence the French atti-
tude toward payment of defaulted
installments and q future settle
ment.
te Near Agreement
London, June 15.-(UP)-The
United States and France are in
essential agreement on world fl
nancial restoration measures,
James M. Cox indicated o-night.
after earlier revealing that the
United States, France and Great
Britain were on the verge of an
accord for De Facto Sterilization
Of the dollar and pound.
Cox gave further indication that
the. three powers were nearing a
ttabilixation agreement in a press
statement announcing he had ac-
cepted craftsmanship of the none
tary commission of the world
economic conference.
II have already had important
eonversations with Georges Bon
uef (Frsnch finance minister" he
aid, (which made me certain there
Il no essential divergence in our
views regarding restoring financial
ana monetary order in the world"
Cox paid tribute to his "distin-
ruishcd collaborators" Bonnet and
Guido Jung. Italian finance min
f1fcr.< He obviously recognized
Frances determination to stay on
che gold standard when he said:
y have always Favored sound
The Waterbury Democrat., 1933-06-15

Hartford, Conn, June l5-(UP)
1T is essential that all who de-
sire true temperance should vote
for the repeal of the 18th amend
ment and show to the nation con-
clusively that coercion can never
bea moral force or be used upon
n free people," Bishop +. Campion
Acheson of the Episcopal diocese
of Connecticut said today in n
statement issued at the state re-
pealists headquarters.
Bishop Acheson, long an ardent
dry and leader in the states pro-
hibition forces, declared he was a
firm believer in the 18th amend
The Waterbury Democrat., 1933-06-15
DIVORCES ARE
GIVEN QUICKLY

Reno, Ne Z. Juno ID (UP) bis.
satisfied husbands and wives were
able to obtain "while you wait
divorces here today.
In an effort to meet competition
of Judge Clark Guild, travelling
iurlst of the first district, Judges
b. J. Curler and Thomas +. Moran
of Washoe county In which Reno
Is situated. announced they would
grant DEGREES the same day COM
plants were flied.
Judge Guild has been granting
divorces Immediately after the FL
ing OF complaints.
The Waterbury Democrat., 1933-06-15
Will of the Late
Franklin Mccoy

The will of the late Franklin V.
Mccoy. secretary of McCoy's. Inc,
was ;flicd. In probate court today.
The Testament is very brief one.
directing that the life use of the
estate be given to his wife, Anne
Jones Mccoy. aud ON her death.
that 1t be divided between their
two children, Franklin. Jr, and
Betty Anne.
Mr. Mccoy, very prominently
known in local business circles for
years. died on May e6th. The will
was drawn and witnessed on jan
uary 1S, 1891.
The Waterbury Democrat., 1933-06-15
Market Was Crashed
Badly AS Business
Was Closing Down
It Was Dull Session All Day, But AT Late Hour There
Was Downward Drive That Carried Some OF the
Leaders to Losses From to Points

reached a new high for the year,
had a loss Of about point.
Gold mining shares suffered with
Alaska Juneau sustaining a loss or
more than Q points; coppers were
more than b point weaker.
Prices were at the days low as
trading ended.
The Waterbury Democrat., 1933-06-15
COMPENSATION AGREEMENT

The following compensation
agreement was filed today at the
Office OF Commissioner Frederic N.
Williams: Conn Light 4 Power CO
and Fred Pease of Bristol. burns
about face and hands. SCI weekly
during incapacity.
The Waterbury Democrat., 1933-06-15
RAILROAD GAINS

New York. June Is = tCP) =
The New York Central Railroad
will have net. income of about
81. 600. 900 in June against loss
of $3.06S.DO0 in June. 1882, IL
present trends continue, according
to II. L. Williamson. president.
The Waterbury Democrat., 1933-06-15
MISS WEBER BACK
FROM TOUR IN EUROPE

Miss Edna w. Weber, director
of the Waterbury Council OF Girl
Scouts, returned from five weeks
tour of Vienna, Switzerland and
Germany today. She returned OF
the steamship Europa. While
there she investigated Girl Scout
conditions and hopes to reveal
plenty of interesting and educa-
tional material to her council
members In the next few days.
The Waterbury Democrat., 1933-06-15

Frank Bailey was named general
chairman of the New England dis
trict convention of Lions Clubs to
be held at Watch Hill, r. l., June
Is and 80, at to>day's meeting or
the Lions club at the Hotel Elton.
The local organization will be the
host club.
Four hundred delegates from
The Waterbury Democrat., 1933-06-15

PUBLIC UTILITY STOCKS
Bid Asked
Bridgeport Gas Lit Co 40 As
Bridgep't Hydraulic Co 20 20
Conn Elcc Service >. as 40
Conn Gas & Coke com liz 1875
Conn Gas g Coke pfd 40
Conn Lit g. Pow 51S9o
pfd ............ %
Conn 1t & Pow 61%
pI0 ...s.s...s.ss IVO
Conn. Power Co 49,. A 40
Conn Ry & Ltg Co com 81
Conn Ry & Ltg Co pfd 81
HID Elec 1t Co com. 531s 55M
HID Gas Lit Co com As
Illuminating Shares A.. As AZ
New Haven Water Co. SO o.
South N. E. Tel Co 100 1f3
The Waterbury Democrat., 1933-06-15
LOCAL BANK STOCKS
Furnished by
q. I. Ctll.liANE typ.. lNC.
6S t,cntcr street

Bid Asked
Citizens & Mfrs Natl
Par 100 -. ....... 200
Colonial Trust Co
Par 100 .......... 800 /,
Waterbury National
Par SO .......... IS
Waterbury Trust Co
Par 100 -. ...... f5O
The Waterbury Democrat., 1933-06-15

LATE REALTY NEWS.
Quit Gain Deeds
: Robert Wilson Mackey to Lucy
II. Borchardt, real estate on the
west side of Pennington avenue.
The Waterbury Democrat., 1933-06-15

monetary policy and thoroughly
understand the French view on this
question"
The Waterbury Democrat., 1933-06-15
INDUsTRIAL STOCKS

INOUSIItIIfH SIOOhS
; Bid Asked
ANN Hardware Co >. 1914 211
Bristol Brass Corp com IS 10
Colts Pat Fire Arms Co 1917 1914
Eagle Lock Co ...... 20
Landers, Frary & Clark 30 80
New Brit Mach Co com 0 IL
Niles Bement Pond
com ......'......s 10 ~
North & Judd Mfg Co 1871 1874
Peck, Stow & wilcox Co 2 a
Scoyill Mfg Co 1890. - "a
Stanley Works Co com II 23
Torrington Co 1890. 81 30
The Daily Alaska empire., 1933-11-13
HIGHEST TYPE OF AMATEUR

Bonthron's development as a champion and record-breaker is one of the real sensations of 1883. In this respect his rise is much more rapid than that of Gun ningham. In the strictest and plainest sense, he typifies the highest type of amateur athlete, competing only in his natural class and environment, rather than making a business of being an amateur performer.
 Last winter, as further eX- ample of the finest spirit, Bon thron sacrificed his chances of in dividual victory in the I. c. A. A. A. A. one mile run by concen- trating his efforts on the anchor half mile of the Princeon two mile relay team, all the other members of which were seniors whose only chance of winning hinged in Bonthron running an exceptional race. He did and Princeton won.
 Outdoors in the I. c. A. A. A. A. meet Bonthron won the 800 and 1900 meter titles with pair of great performances. He then capped the climax of his season by running second to Jack Love lock in the greatest mile race of all time in the Oxford-Cambrldge vs. Princeton-C Cornell meet at Princeton, coming back a snort time later to win the half mile in remarkable time and clinch the meet for the American forces
 Bonthron's sportsmanship in his losing race with Lovelock as well as his speed stand out, to our mind, as the greatest individual contribution of the year to anna teur sport.
 As to the third choice, George
The Daily Alaska empire., 1933-11-13
BETTER HEADWORK IF QUARTER RUNS
 TEAM SAYS INGRAM

BERKELEY, Cai., Nov. 13. - Although probably nine out of ten prep schools of the state use the huddle system instead of having the quarterback call the football signals, it chanced this year that Coach Bill Ingrams three first string quarterbacks at California came from schools which did not employ the huddle.
 Navy Bill" announced he would abandon the huddle, believing a more colorful and strategic game would result if the quarterback ran the team. The huddle was to be used only when the quarter wished to consult.
 Confirmation of the improve ment in .headwork," Ingram be- lieves, was had in the game with the Olympic Club, won by the Golden Bears, B to 0.
The Daily Alaska empire., 1933-11-13
j
 SLANTS
Bv ALAN GOULD l

After canvassing the situation pretty thoroughly, here are our the A. P. sport staff's) nomina- tions for the 1883 James E. Sul- livan Memorial Medal, awarded annually by the Amate6r Athletic Union to the years outstanding American athlete:
 l. William R. BonthrOn, of Princeton University, track.
 2. Glenn Cunningham, Univer sity of Kansas, track.
 3. George T. Dunlap, Jr, New York, golf.
 We can find very little to choose between Bonthron and Cunning ham for our top nomination for the year in American amateur cir cles. There is a strong case for either. In our opinion they cas- fly dominate the entire field of contenders.
 Cunningham's background, his COIiqucSI LII piiyolO HoiiuASopo "iiN his unquestioned courage under hot competitive fire must be put down to his credit, along with a notable list of achievements at home and abroad, outdoors and in- doors. He met and defeated all the best milers with the exception of Lovelock, Becalli and Bonthron. These exceptions, of course, are conspicuous and it is matter of opinion as to how Cunningham might fare against any of them. His record, nevertheless, is good enough and consistent enough to entitle him to rank with the great milers.