davidaulloa/AmericanStories huggingface dataset:
White Bluffs spokesman. [volume] (White Bluffs, Wash.) 1907-1938, 1933-04-20
New ''Man of Hour" De6es
Power Of Morgan.

New York.-It looks like the bank
er's "battle Of the century" may be
brewing in the Wall Street financial
district.
A new IMAM Of the hour" has arisen
to challenge the supremacy of the
great house of Morgan, long king-pin
Of the country's banking system and
nearby observers are predicting the
greatest struggle of money titans in
the history Of American finance before
the smoke of battle has cleared away.
A flight to finish" is the foreword.
The author of the startling def is
Winthrop w. Aldrich, chairman of the
governing board of the biggest individ.
ual bank in the world, the Chase Ma
tional, and front rank captain of
the Rockefeller industrial-inancial dy-
nasty, generally acknowledged as the
only worthy competitors of the Nor
gans on this side of the Atlantic. The
challenge was couched in the form Of
program designed to purge the COM
.mercial banking business Of the faint
of speculative leadership, aiming at
the complete separation of deposit
banking and investment banking even
to the extent of forbidding private
bankers o>take deposits or to be direc-
tors Of banks of deposit.
Aimed at Morgan.
1t did not take second glance for
Wall Street to recognize the Aldrich
program which was promulgated d.
rectly in the wake of some of the most
sensational exposures of the senate's
investigation into banking practices
here as blow aimed directly at the
position of J. P. Morgan & Co., the
members of which are directors Of
some of the largest commercial banks
Of the city and who hold important
foreign and domestic deposits.
Three measures for curbing the pow
er Of the large private investment
banking firms were proposed by AID
rich. l. BY depriving private invest
ment banking firms of the right to
accept deposits, make 1t necessary for
the private banks to obtain credit from
the commercial banks in financing
their security flotations. 2. By doing
away with the security affiliates of the
commercial banks, the proposed regu-
lations would take away from the pri-
vate banks outlets for the syndicating
White Bluffs spokesman. [volume] (White Bluffs, Wash.) 1907-1938, 1933-04-20

foreign governments. At one time it
billion Of United States Steel corpor-
alton money. Other so-called Morgan
banks, like the Guaranty Trust COM
pany, Bankers Trust company, and
the First National also attract big de-
posits and WELD tremendous power in
the financial world.
Obviously the Morgan crowd" will
not lack ammunition for any defense
1t may be called upon to make of it's
politics, at least none that money can
command
Backed by Rockefeller.
Nor will it's opponents go into the
fray-if one there is to be-shabbily
equipped. In it's last annual statement,
the Chase National bank reported re-
sources totaling $1,S56 100000 as of
December 81 last, with deposits to the
amount of $1,466,OOO,OOO.
In addition to these mighty re-
sources of the bank itself must be
reckoned the vast wealth of the Rookie
fellers, including their holdings in the
great Standard Oil concerns.
Wall Street gossip has it that the
Rockefellers have been girding "for
eventualities," such as that envisioned
in the present situation for the last
two years. They have been liquidat-
ing doubtful assets and converting the
proceeds into good hard cash or gov
eminent bonds.
On the other hand the value Of the
so-called Morgan Stocks" have been
melting down steadily in the long re-
ceding sweep Of the share market for
the last two and one-half years.
Winthrop Aldrich was born in the
purple in Americas plutocracy. His
father was the late Nelson w. AID
rich, senator from Rhode Island from
1881 to 1911 and popularity rated as
the senatorial custodian Of capitalistic
enterprise. Among other kinfolk rated
in the financial who's who of the time
are John D. Rockefeller, Jr., a brother
in-law.
White Bluffs spokesman. [volume] (White Bluffs, Wash.) 1907-1938, 1933-04-20
Next War Will End Speedily


civilian population as cat laps up
cream, and perhaps the worst of all
these devils will be the civilian plane
laden with chemicals.
Nov, you watch this disarmament
conference. If any nation, your own
or any other begins to haw and hum
and make excuses to obviate inspec-
ton and control by the League Of
Nations for it's civil aviation-then
we are for war;
''No nation is going to talk econom-
les whilst death, for all it knows, is
hanging over it behind the curtain Of
the clouds. Unless this concrete act
is taken by the disarmament confer
ence before it breaks up no amount Of
slip-slop idealism is likely tU save the
world"
White Bluffs spokesman. [volume] (White Bluffs, Wash.) 1907-1938, 1933-04-20

Regulations for the beer trade
were made by the city council of
Sprague with the first reading of an
ordinance repeating previous liquor
laws and setting license fees.
Spokane county commissioners
have decided to license country gro
GERS to sell beer in packages, but to
prohibit sale at dance halls and with
in five miles of lake resorts.
Field work has begun at Latah,
several ranchers having begun disk
ing and blowing. Much of the farm
work will be done with horses this
year instead of tractors.
Under the lateral highway and the
permanent highway funds, about
100000 will be spent in Stevens
county this year.
Seventeen men are employed on
the Twenty-Five Mile creek federal
forest road project. The work will
last until July, on an appropriation
of $4,000. There are few idle men
at Chelan at present, as the orchard
work also has started.
Paving of the three-mile stretch OF
the old Wallula road, near College
Place, has been requested of Walla
Walla county by $50 interested prop
erty owners. The matter was taken
under advisement
White Bluffs spokesman. [volume] (White Bluffs, Wash.) 1907-1938, 1933-04-20
Biz Battle Of Bankers
Looming in Wall Street


of their securities which in the past
have been of such tremendous impor.
lance. 3. By removing all private bank
ers from their positions as directors Of
the commercial banks the changes
would greatly reduce the prestige, in
fluence, and "inside information" avail
able to the partners of investment
houses at present.
Well Informed students of the situa-
ton say that legislation applying these
innovations to Morgan & Co. and SIM
liar private bankers would virtually
strip them of the control they have so
long welded over the commercial
banking system.
]. P. Morgan & Co. does not accept
individual deposits but specializes
rather in big corporation accounts for
White Bluffs spokesman. [volume] (White Bluffs, Wash.) 1907-1938, 1933-04-20
O.prex'. Value

The osprey. If protected, or per-
mitted to live in peace, is capable
of adapting itself to civilized condi-
lions, and the presence of one or
more aeries of this handsome and
harmless bird about large body of
water would provide much of interest
and entertainment.
White Bluffs spokesman. [volume] (White Bluffs, Wash.) 1907-1938, 1933-04-20
Hunt for Gold in
Old Mining Camps

Helena, Mont.-The search for
gold has carried many present-day
prospectors back to the boom
camps of early Montana.
The Dexter lode, on which a sur
vey was filed in 1868, has been the
scene Of extensive prospecting
lately.
Many other camps, long since
abandoned and their buildings de-
stroyed or moved away, are busy
with new gold seekers these days.
White Bluffs spokesman. [volume] (White Bluffs, Wash.) 1907-1938, 1933-04-20
Flv in Pom Costs $1,000

y III OP S0"so V1'0VV
Valparaiso, Ind.-A jury awarded
Mrs. Eulah Harvey $1,000 damages
against a bottling company because
she found bottled fly in bottle Of
soda pop. She testified that her health
had been ruined"
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1933-12-01
McDonough Attacks Labor Section
OF Construction Industry Code
President of A. F. of L. Building Trades Department
Charges Construction League With Attempt to Kill
Collective Bargaining OHour Week Will Provide
No Jobs For Ide-4O Cents Minimum Pay Denounced

"Its manifest aim is to destroy col
lective bargaining as it now exists and
has existed for many years in the
construction industry.
ut masks it's real purpose under
the possible but untenable theory
that a revival in the building industry
is dependent upon a reduction in labor
costs, when as matter of fact, if the
league were really sincere in its al
legged purpose, its attention would be
concentrated upon costs of materials
and financing charges.
"Its real objective is to destroy the
rights and guarantees which have
been granted to the members of the
building trades labor organizations
under Section of the national indus
trial recovery act"
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1933-12-01
THROUGH A
Wmanss Eyes
GIVING WITH GRACE
By JEAN NEWTON

"T>HE word sacrifice" says well
known author SHOULD have no
place In marriage, because 1t breeds
self-pity and is an artificial thing any
way you look at It."
There Is very big question that
this brings to mind which 1t seems
to me Is applicable not only to mar
riage, but to all our contacts In life.
And that is the question Of giving with
grace.
for one we love, that Is, when we give
up something or do something for him
or her, we are doing 1t. are we not,
because we want to do 1t. because we
want that something for the one we
love? Then we are doing 1t for our
selves.
And yet how many people with the
best Of motives, the most unselflsh IN
tent, spoil such giving and doing by
making 1t apparent that this Is q
sacrifice, by showing the cost Of effort
involved. In other words, because
they lack the grace In giving.
There IL an old European story
about a COW who gave exceptionally
rich milk, and in greater quantity than
most cows. But she spoiled 1t all by
kicking the pail over.
That is exactly what people do who
are always making sacrifices. The
benefit In what they do for others IN
vitiated by the consciousness on the
part of the latter that 1t Is sacri-
fee. No one can enjoy anything that
is the result Of pain or labor or sacri-
fics on the part Of some one else.
Let US never sacrifice. Let ~ give
and do what It Is In our hearts TO
give and do for those we love, with
Joy In the doing, with thankfulnsss
for being able to serve those We care
for-and with grace that enhances the
giving.
.. 1881. Bs'l syndisata--wNu Service.
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1933-12-01

Washington.-M. J. McDonough,
the fighting president of the building
trades department of the American
Federation of Labor, did not mince
words in his belligerent attack on the
reactionary provisions of the labor
section of the code for the construc-
tion in industry sponsored by the anti
labor Construction League of the
United States, at the reopened hear
ings before the national recovery ad-
ministration.
In addition to the Construction
League, the code, with it's indecently
low wage of 40 cents an hour and its
equally indecent maximum work week
of 40 hourswith possible extension to
48 hours, was actively supported by
the Associated General Contractors,
the Chamber of Commerce of the
United States, and the American In
stitute of Architects, all of whom
subscribed to the Construction
Leagues policy of heavy wage cuts
for building trades workers and a
work week so long that none of the
hundreds of thousands of men in that
industry who have been jobless for
three years would be re-employed.
40-Hour Week Is Worthless
Mr.. McDonough declared there was
nothing in the labor section of the
code which appealed to him. Eighty
per cent Of the country's construction
employees are out of work now, he
said. Under this condition the estab-
lishment of even a 20-hour week would
not provide jobs for all the idle build
ing trades workers, and the 40-hour
week proposed in the code was abso-
lutely worthless as a remedy for un-
employment.
40 Cents Per Hour Denounced
He also vigorously attacked the 40
cents minimum pay per hour which
the low-wage sponsors of the code
had set up as their measure for de-
termining the workers living standa-
ards. He pointed out that 80 per cent
of the building trades workers are
skilled, and that the adoption of the
Accents minimum would tend to be-
come the normal wage.
League Menaces Collective
Bargaining
"The Construction League is pro-
ceeding contrary to the provisions of
the national industrial recovery act, y
Mr.. McDonough said.
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1933-12-01
MANY CHARTERS
ISSUED BY AFL

Washington, November 23.-The
American Federation of Labor has
granted eight hundred and twenty
four charters to national and interna-
tional unions, federal labor unions,
and local unions since July /, Frank
Morrison, secretary of the federation,
announced.
The new unions are located in every
part of the United States and Canada
and include all classes of working
men and women.
Long terrorized and enslaved by
the arrogant practices of anti-labor
employers who forced the notorious
company union down the unwilling
throats of their employees, the work
ers have sensed their freedom under
the national recovery act, which
guarantees the right to organize in
bona fide trade unions without inter
ference from employers, and have
come to the American Federation of
Labor and its affiliated unions by
hundreds of thousands.
"Now for ten million members!" is
the slogan of the A. F. of L., with
good prospects for the realization of
this goal
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1933-12-01
Demand for Gold Standard, Criticism Of Public
Works Fund and Naming Of NRA Investigat-
ing Committee Held Presaging Open War On
Roosevelt Policies.

The chamber lately has been threat
ened with schism and division because
many members thought it not aggres-
sive enough in opposing concessions
given to organized labor in the de-
velopment Of NRA. The revolt re-
Gently assumed the form of steps to
establish new national commercial
and industrial organization, with a
more aggressive policy, and possibly
not handicapped and crippled by the
pressure of vociferous and warning
minorities in it's membership.
While the schism in the chamber
affairs has arisen primarily over the
failure to oppose the NRA policy of
permitting no qualifying or interpre-
tative clauses in codes in connection
with mandatory Section 7(a), the
attack now is not on this sector, but
distinctly on the monetery policy of
the administration. There is strong
indication, however, the two resolu-
tions pave the way for more open and
general opposition to administrative
policies, especially in connection with
proposed legislation coming before
this winters session Of congress.
To Study NRA Activities
Nine prominent economists and in
dustrialists" have been named by
President Hartman as a committee
to make thorough study of NRA
activities. The study will be prelim-
mary to launching an energetic drive
for scrapping NRA and permitting in
dustry, through the medium of trade
associations or constituent commit
tees, to assume control and direction
of industrial codes.
Appointment of this committee
indicated again that the more
conservative group, thrust aside
with the selection of Hartman in
1882 as president, has again as
sumed dominance in chamber af-
fairs. The conservatives in the
chamber have been smarting for
months over the failure to vigor-
ously oppose the labor policies of
the NRA and join with the Ma
tional Manufacturers Associa-
tion in the movement to change or
wreck it.
Hartman resisted this tendency,
insisting the NRA should be given an
opportunity to show how it could pro-
duce results. But recent develop
ments, brought to a focus by recog-
milton Of Soviet Russia, departure of
Secretary Woodin as the treasury
head, the fall of the dollar, and un-
certainty incident to monetary policy
have forced Hartman from behind
his duck blind.
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1933-12-01
HOSIERY PLANTS
Accused of Defying Blue
Eagle

Chattanooga, Tenn. (ILNS)-The
crucial situation between hosiery
workers here and the chain of a
dozen 'chisselling" mill arrangements
is still hanging in the balance.
Meantime, 600 workers at the Har-
riman plant at Hartman, Tenn, Zone
of the "chiselling chain") who went
out on strike in October, are hungry
And the defiant Hartman manage
ment has flung down the gauntlet to
the Blue Eagle.
The board regional compliance sug-
gested to Fred G. Held, local repre-
sentative Of the American Federation
of Hosiery Workers, that committee
of the striking Hartman workers at
tempt to get the firm to re-employ
the strikers, pending the boards de-
cision. Held and a committee of the
strikers carried the boards sugges-
tion to the Hartman management.
The management refused to take back
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1933-12-01

the strikers as body; they declared
they would take back only such indi-
viduals as they desire +. :. clear
case of discrimination, hosiery Off
cials declared.
The Regional Compliance Board
was notified of the management s
attitude, and the strikers were in
formed they must await the boards
decision.
The chain of "chisellers" include
the Richmond Hosiery Mill of Ross
vile, Georgia, run by Harvey Wilson,
who is the mouthpiece of the chain.
Wilson swore he would not "go along
with the NRA" unless he is forced.
The other mills in the chain are
the Nick-A-Jack, in Chattanooga, two
mills in Soddy and Daisy, Tenn, and
one in Greysville, Tenn; four branch
mills of the Hartman outfit in Rock
wood, Oneida, Monterey and Kings
ton, Tenn, as we'll as a mill inClin-
ton, Tenn, with a branch in Coal
Creek, Tenn.
The first ocean cable was laid be-
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1933-12-01
Exploitation Of Laundry
Workers Scored By Green
Labor Head DenOunces Evil Conditions in Industry and
Calls for Code Maximum 35- Hour Week

Washington, D. C. (ILNS)-Fire-
works fiared up in the hearing on the
laundry industry code when President
William Green, of the American Fed
Grafton Of Labor attacked the "bitter
and ruthless competition, complete
lack of regulation, and merciless ex-
ploitation of workers" in the industry.
President Green said a 30-hour
week must be established for ALL
INDUSTRY and presented recon-
mendations for laundry code calling
for ~ 35-hour maximum work week
(2) time and one-half for overtime
(3) waiting time of employees to be
counted as working time (4) abolition
Of all wage differentials based on geo.
graphical location or sex 60 mini
mum wage of 40 cents per hour for
plant employees, IS cents per hour. en-
gineers, firemen and maintenance en-
ployes, SIS per week for deliverymen
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1933-12-01

and SIG for office employees.
Referring to wages Green said, "It
is incredible that have to come here
today to present arguments against
a minimum wage as low as Ia cents
per hour"
The code proposed by the laundry
industry would establish geographical
division of territories with wages
ranging from Ia cents per hour to
so cents per hour. Objections to this
were made by representatives of Ma
tional Association for the Advance
ment of Colored People and by social
agencies who asserted it was i'm
practical and unjust. A maximum
work week of 45 hours would be set
Unemployment in the industry since
Presidents unemployment agreement
has meant addition of $4,000 work
ers, testimony showed.
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1933-12-01
Commerce Chamber Attack
On NRA Heralds Return of
Business Bourbons to Pouer

rest secure and hold gains made by
the permanency and growth of our
economic organizations uninfuenced
by party political considerations and
that the political power of the labor
movement can best be exercised along
traditional lines heretofore followed
by the American Federation of La
bor."
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1933-12-01


unanimous vote, directors of the
United States Chamber of Commerce
have parted company with the admin
istration over it's monetary policy and
demanded the immediate return to
some form of gold basis.
The action is the most significant
taken by the chamber in many
months, and indicates it is following
in the wake of the general alarm in
business circles over current monetery
developments, with the possibility of
weakening in government credit and
downward movement of the govern
ment bond market.
The chamber resolution demands
that the government securities not be
driven to lower levels by reason of
monetary actions, and manifestly has
in mind the effect which such trend
would have on reserves of banks with
present tremendous holdings in gov
efnment securities.
See Recovery Retarded
Chamber directors said national re-
covery will be retarded by failure of
the government to give assurances on
its monetery policy including an an
nouncement to avoid monetary ex-
perimentation, greenbackism and fiat
money!" and challenged the presi-
dents effort to raise prices through
measures solely monetary in charac-
ter. They said the question of sound
national monetary policy is para
mount, and transcendent because af-
fecting the whole economic welfare.
They also said that unless announce
ment of the intention to make an
early return to the gold basis is made,
"there will be instability of employ
ment, because of inability of anyone
to make forward commitments on a
basis of reasonable business risk in
stead of speculative hazard" and
with insecurity for all clases of our
people and a severe setback to the
development of healthy recuperative
processes which in the main are based
upon the decisions of individuals and
not of government.
Taking up directly the question of
stability of government credit, the
directors said: "The protection of
credit of the government is inseper-
able from public confidence in its OBJ
legations" and "opon stability of gov
ernment's securities now largely rests
maintenance Of our banking, insur.
ance and other fiduciary institutions. >
Use of PWA Funds Hit
The second resolution by the direc-
tors demanded use of the funds OF
the pubic works administration te
compete with or duplicate units "now
rendering adequate service" be
stoppesd as contrary to sound pub.
llc p0llcy.
The two resolutions marked a re.
turn Of the "Bourbons" to control Of
chamber affairs. While President
Hartman was a principal advocate
Of the recovery act and NRA, he has
been taking less and less part lately
and is recorded now as voting for the
two resolutions. Fred Sargent ant
Silas H. Strawn, Of Chicago, led thu
way in putting over the resolutions
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1933-12-01
Convention Rejects
Proposal For Forma-
ton of Labor Party

A proposal for the formation Of a
labor party and abandonment of la
boris non-partisan political policy was
rejected by the 1888 convention of the
American Federation Of Labor.
Experience here and abroad has
demonstrated again and again." the
convention said, "that labor can only