davidaulloa/AmericanStories huggingface dataset:
Evening star., 1934-04-10


McKellar. Democrat, Of Tennessee.
lost two amendments directed at
high salaries and bonuses in private
industry.
An amendment proposed by him
to disallow corporations to deduct
from gross income salaries and other
compensation paid to individuals in
excess of $25, 900 was voted down
without q roll call, as was another
with the figure changed to $4,000.
McKellar said corporations ''manip-
ulate their funds" and pay huge SAL
aries and bonuses to escape taxa
ton"
Harrison and Cou1ens contended
the Government would have lost rev.
enue under the McKellar amend
ments. as the corporations paid only
1894 per cent on their income, and
surtaxes on large salaries were con-
siderably higher.
Another McKellar amendment voted
down would have eliminated present
allowances Of up to so per cent of
the net income for depletion In tile
value Of mines and oil wells discov.
cred after February 28. 1918.
McKellar said such allowances con-
stituted . "suhsidy" to the oil in
terests. Senator Gore, Democrat, of
Oklahoma, defended the allowances,
saying oil companies assumed Q great
risk Of loss and should be given the
deductions.
Evening star., 1934-04-10
Miss Baker to Speak.

Miss Sibyl Baker. director Of Dis
trict Fairgrounds. will be guest
speaker at q meeting Of the Barry
Farms Citizens Association at the
Hoffman Playhouse, Stanton and
Elvans roads southeast, tonight at
Sis o'clock A musical program
under the direction of Mrs. Florence
Matthews of the Barry Farm Num-
cipal Playground will follow. ElAe F.
Hoffman is president Of the citizens
association.
Evening star., 1934-04-10
Citizenship Dearer
Than Title to Son
OF Mrs. Green,Uay
Nephe,o of Viscount
FOregOes Fortune to
Remain american.
BY the Associated Press.

BY the Associated Press.
Because he valued American citi-
zenship more, the son of Representa-
tive Isabella Greenway of Arizona, by
her first marriage, is not a titled
Briton with an immense fortune to-
day.
If he had agreed to forfeit Ameri-
can citizenship, Robert Munro Fergu-
son, 26. would have inherited 10 days
ago the title and $4,000 Scottish acres
of his uncle, the first Viscount Novar
Lord Novar died March 81 at the
age Of "a.
Ferguson, the only male heir Of Lord
Novar. decided finally three years ago
against giving up his citizenship
condition of the inheritance. His
father was Robert Ferguson, younger
brother of Lord Novar.
Young Ferguson's mother, the
former Isabella Selmes. was Q brides
maid at the wedding Of Eleanor and
Franklin D. Roosevelt.
Evening star., 1934-04-10

OF the union, said its effect would be
felt throughout the automobile indus
try.
The Mechanics Educational Society
is not amliated with the American
Federation Of Labor. It has ques-
toned the right Of the Automobile
Labor Board, Of which DR.. Leo VOL
man Is the neutral member, to inter.
vene in its wage dispute with the
manufacturers.
Although . tool and die strike
might not tie up the industry imme-
diately. It was pointed out in the
trade that eventually its effect might
be more widespread. It was Q strike
Of such workers that halted produc-
ton ON early models last Fall.
Conferences today were expected to
determine whether this dispute would
reach the walkout stage. 0eneEal
Secretary Smith said that. besides the
dispute In ths Job shops. b was nsgo-
Evening star., 1934-04-10
What's What
Behind News
In Capital.
As War Scare Abates
"Insiders" Ponder
Over French.
BY PAUL MALLON.


TINE war scares are blowing over,
on the inside at least.
Our official clockers of in
L ternational affairs whisper
that the situation has been
materially changed within the last few
weeks.
The main change Is in Japan. Ap-
parently she has decided to seek, by
diplomatic and economic aggression,
the same objectives she was seeking in
the prospective Spring war with Rus
STA. She has sheathed the sword she
has been brandishing around, Is call
ing for peace and extending hands
across the sea. Our authorities be-
lieve the change Is real and will prove
lasting.
If Japan does not want fight, Rus
sia certainly will not provoke it.
There is still dynamite underlying
the situation, but 1t is being well
handled.
Evening star., 1934-04-10

The idea unquestionably was that
the threat of future taxation would
help to create a ready demand for the
non-taxable bonds now being offered.
At any rate. that was the effect.
This current House brain trust IN.
vestigation was curtailed on orders
from downtown (the executive dis
trict).
This Is what held it up for Q week.
The big boys did not want q con-
gressional committee exploring every
fool idea heard by every one who hap
pens to be connected with the Govern
ment. It would pin those ideas d.
rectly on the administration.
Admits Mistake.
Two or three Democratic congress
men FIRST termers) have informed
the White House privately that they
believe they made q mistake in op-
posing the President on the veterans
pay cut proposals.
Louis Howe's influence with Con-
gress appears to be no better than Mr..
Roosevelt's was when he left. Although
Howe has demanded that the crime
bills be passed, they are being held up
secretly by Southern Democrats who
Evening star., 1934-04-10

The injury to Cannon halted the
plans Of the House Appropriations
Committee to report. today the 1885
District supply bill. The measure,
however, il expected to be reported to
the House tomorrow, II Cannon re.
covers sumciently to attend . meet
ing Of the committee. House leaders
said . one-day delay IN reporting the
bin probably would not interfere with
their program to pass It before the
end Of thu week.
Evening star., 1934-04-10

tiating with five major units of the
auto industry, including the Fisher
Body Corporation, for increased wages
and shorter hours.
THE deadline for ALL" he said,
will come simultaneously.
As for the Motor Products Corpora
ton strike. the only apparent hitch
In the resumption Of full activity to-
day was the tnsistence of the union
headed by Smith that its 400 men
involved In that dispute Be made the
subject Of q special agreement.
Evening star., 1934-04-10

are States rights men. These skeptics
believe the expansion Of Federal polio.
ing authority win encroach on the
rights Of States. They whisper that
they would not have sanctioned the
Federal kidnapping bin II 1t had not
been for the Lindbersh case.
toopyxtsht 1o34.l
Evening star., 1934-04-10
ALLOWS
DIVISION IN n. R. A.
Army Friend Made Office
Manager as 0ne.Man
Show Ends.
Continued From First Page.)

the title of administrative oficer," to
run the entire office organization and
"act on all matters not otherwise as
signed which do not require the ad-
ministrator's personal attention"
This leaves johnson free to deal
with the tough problems of indus
trial relations. labor troubles, compli-
Gated codes, without keeping all other
administrative action lingering in .
bottleneck at his ofnce door.
The order was issued after the ad-
ministrator had slipped of on a train
bound for Miami, where he will join
Mr.. Roosevelt's yacht party. With
him went Richberg, N. r. A. general
counsel. and Miss Frances Robinson,
his assistant.
The new set-up was Johnson's COM
pleting touch for the transformation
of the agency into an administrative
rather than code-producing unit.
Speed Action.
Already orders have been given to
speed action against code violators.
including prompt filing after the next
10 days Of numerous suits and tnjunc-
ton proceedings against "chiselers," +"
whose defiance has been most obsti-
nate and clearcut.
The duties Of subordinate officials
were rearranged two weeks ago in q
plan under direction Of Hartman. to
expedite handling of complaints and
rendering of decisions. Orders issued
iv, lnf> l-R~
as to the assignment Of responsibility
among the top men. He rewrote that
section of the ONCE orders. The re-
suit Is the general staff. divided into
two sections: Personal stan and ad-
ministrative.
With Col. Lynch on the admins
tratiye star are:
Hartman, special assistant admin
istrator," responsible for selection of
executive personnel, administration
members of code authorities, and for
coordination Of the work Of the seven
industrial divisions which control the
codes directly.
Review Officer"
Brown, Johnson's associate of
Moline Plow Co. days, hitherto execu-
tive od1cer, now review officer" who
will review all documents on which
johnson must act and pass on all
final decisions of division heads to
assure consistency with approved
policy.
Richberg, who will be personal legal
adviser to johnson and also SUPER
wise all N. r. A. legal policies.
Henderson. economic adviser" per-
sonally to johnson and responsible
for all economic policy of N. r. A.
Two men yet unnamed will be "as-
sistant administrator for policy" and
director of enforcement" Like
Lynch, these two are expected to
be chosen outside present N. r. A.
personnel.
George Buckley. who is In charge
Of the division handling newspaper,
printing and publishing codes, also Is
q member Of the administrative stan
and will devote part Of his time to
assisting William v. Lawson, In
charge Of the press section Of N. r. A.
The personal staff" includes the
standbys of past months:
Col. Robert w. Lea, assistant ad-
ministrator for industry; Edward F.
labor assistant; Miss Robin
SON and Kilbourne Johnston, son Of
the administrator.
The enforcement ofncer will have
charge Of the continuing compliance
division under william H. Davis,
where adjustment of violations Is
sought, and the new litigation di.
vision which Is to make court cases
and push prosecution.
Evening star., 1934-04-10

BY the Associated Press.
HERKIMER, N. Y. April 10.-Suf-
fering from pneumonia, Theodore
Douglas Robinson. former Assistant
Secretary Of the Navy. was reported
by one Of his attending physicians to-
day As unlikely to live through the
day"
The former State Senator and
Navy Department ofncial was stricken
with pneumonia Saturday night. He
Is Ill at Cruger Manor, the Robinson
ancestral home in the Mohawk VAL
ley town of Warren.
Evening star., 1934-04-10
Record Time for Mail Plane

BERLIN, April 10 R.-A Luft-
hansa Co. mail plane completed q
flight from Recife (Pernambuco), :,
Brazil, to Berlin yesterday in the
record time of 2 days, % hours.
Evening star., 1934-04-10
China Ships Tungsten.

Tungsten shipped from Shanghai,
China, last year was valued at 49,
B35, compared with none in 1882.
Evening star., 1934-04-10
"KEN" AUTO STRIKE
INVOLVING 23,40
WORKERS SETTLED

continued From First Page)
Evening star., 1934-04-10
ROOSEVELT SETS OUT
TO PROVE HE HAS
LUCK IN FISHING

Continued From First Page.)
Evening star., 1934-04-10
C0UZENS AND KING
TAX AMENDMENTS
BEATEN IN SENATE

Continued From First Page. }
Evening star. [volume] (Washington, D.C.) 1854-1972, 1934-09-26
Government Gets
Blame for Lull
In Oil Curb War

BY the Associated Press.
TULSA, Okla, September 26.-The
National Petroleum News in this
weeks issue says "a logical plan for
ending the hot oil racket is reposing"
In a Washington file and has been
there for some weeks"
While hearings 60 on in Washing
ton at which witnesses argue for and
against legislation Of doubtful con-
stitutionality, potent weapon that
will do the work has been fashioned
but is unused" the publication de-
clareS.
The plan, simply stated, is to con-
troll the movement of oil from the
field. 1t is obvious to any one
that 14,50o wells cannot be watched
all the time. But the outlets for the
oil can be policed and the machinery
is installed to do it."
The News commented that word
has spread throughout the field" that
interdepartmental friction has made
the Federal Government impotent..
Hot" oil movement is estimated ct
IS. 900 to 10000 barrels day.
And somewhere in Washington q
jurisdictional dispute, or sheer inertia
is keeping a major industry lettering
on the edge of a chasm," comments
| the News,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1934-09-26
EXPORTS INCREASE
SHARPLY IN MONTH
Exceed August Volumes Re.
corded in Previous Two
Years.
By the Associated Press.

By the Associated Press.
American exports increased in Au-
gust to exceed the value of the cor
responding month in the previous
two years for the first time since
1929.
The total value was sl71 1865 600
as compared with $131, 473 900 a year
ago. but imports dropped of.
Imports in August were $l19,515,-
900 as compared with $l54,9l8,000
a year ago.
Exports in August, 1882, were
$108 500 900 and imports SOL ,102 600
Ordinarily, the department said
total exports advance about as per
cent in value from July to August
The gain this year was So per cent
slightly in excess of the usually sea-
sonal movement.
The decline Of 81 per cent in value
Of imports, however, was contrary to
the usual seasonal swing. Export
values were 40 per cent of the 1928
Is index which is used as 100 by the
department. Imports were 80 pei
cent Of the base, the lowest point
since May, 1888.
Export values were largely &C.
counted for. the department said, by
seasonal gains in shipments of TO-
bacco. fruit and grain, and a larger
shipment Of lumber, iron and stee
mill products, machinery. fertilize,
and aircraft.
The decrease in imports was main.
ly due to smaller shipments of tin
crude rubber, inedible oils and fats
raw hides and skins. newsprint ano
coffee.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1934-09-26
CORPORATION
REPORTS
TRENDS AND PROSPECTS OF
LEADING ORGANIZATIONS.

NEW YORK, September 26.-The
following is todays summary Of cor
poration news prepared by Standard
Statistics Co.. Inc, of New York.
White Motor Co.-Company has OBJ
tanned orders for "a of its new 32-
passenger city coaches, valued at
$4,000, from II customers.
Falstaf Brewing Corp.-Common
share earnings, 8 months ended Au-
gust 81, were So cents.
American Smelling g. Refining Co.
Company reduced price of lead points
to $50 cents pound.
Gamewell Co-Deicit. quarter end
ed August 81, was s50,394, VS.. deficit
s43,939.
Ann Arbor Railroad-August net
railway operating income was s3l,50e
VS.. S58,884 in August, 1888; in
months net railway operating income
was S265, 625, VS.. sll6,3l9.
Chicago, Great Western Railroad
August net railway operating income
was $3.50 ,265, VS.. s195, 1926 in months
net railway operating income was
S649, 1872, VS.. $479, 706.
Great Northern Railway-August net
railway operating income was sl,7l8,-
345. VS.. s2384,l67 in August, 1898:
in months net railway operating in
come was s6.139033, VS.. s5,421,870.
Minneapolis, ST Paul g. Sault Ste
Marie Railway-August net railway
operating income was s292,633, VS.
s4C9, 32l; in 8 months net railway
operating income was s251,764, vs.
$134.507
Missouri Kansas Texas Railroad
Deficit. months ended August 81
was 81, 760,96o, VS.. deficit s2,425,8l5.
New York. Ontario g. Western
Railway-August net railway operating
income was s94,54o. vs.. 1852, 73e; in
months total was s925,320, VS.
Sl,288915.
Northern Pacific Railway-August
net railway operating income was
81 ,410,234, VS.. 81 $50, s44; in months
net railway operating income wa.
s4,lS5,232, vs.. $l,472,64l in 1888 Pc
Rod.
Seaboard Airline Railway-Augus'
net railway operating deficit was s149,-
so3, VS.. net railway operating income
of $69,77S: in months net railway
operating income was $l,472,052, vs.
net railway operating income Of
81 100, 406.
Wabash Railway Co.-August net
railway operating income was 1921
226. vs. 1854, 1853; in 8 months tota
was 81 .90o,451, VS.. s1.l27,956.
United States Steel Corp-Ingot
production at plants of subsidiaries in
week ended September "a was esti-
mated at better than 81 per cent Of
capacity, compared with 20 per cent
in preceding week and ls per cent two
weeks ago.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1934-09-26
CHICAGO PRODUCE.

CHICAGO. September 20 (P.-Poultry,
live. IA trucks; unsettled; hens. 10 2al6;
Leghorn hens 1Ol7: Rock flyers. Is; col
ored. IA; Rock Springs, 1512a17; colored,
Halls; Rock broilers., l7als; colored, u !;
barebacks. IL; Leghorn. ID; Leghorn
Springs, -; roosters, IL, turkeys. 10al6;
young ducks, l2al6; old. llal2; young
geese. IL; old. 3.
Butter 9,477; firm; creamery specials
t93 score), 25Aa'.; extras 1927, 24'.;
s9), ,23a23la: seconds. ts6-s7l. 22a221a;
standards go centralized carlots). 24s4.
Butter sales. 5S tubs extras. 24la. EggS,
2.021;, nrm; extra firsts. 21aa22; fresh
Graded nrstS, 20-21; current receipts, lisa
1917; refrigerator frsts, 1872; refrigerator
standards, 2OA; refrigerator extras. 20A.
No egg sales.
Potatoes. 90; on track. 296; total U. s.
shipments, 46s; dull; supplies liberal; de-
mand and trading slow; sacked. per hun
dredweight, Wisconsin cobblers. u g. No.
/; 1;05a17i2; Minnesota cobblers, Y. 8.
No. !. 90; early OhioS. .00a05; North
Dakota Red River Ohios, U. s. No. l, lis;
Idaho russets; U. S; No, l. ;50a671a; COM
bination grade, 30a35; oregon russets.
U. s. No. I. so: combination grade. ! 40.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1934-09-26

Liberty ~ per cents was involved,
indicated that the portfolios of banks
have reached the saturation point
with respect to investments in Gov
ernments and that a new method Of
financing the huge relief and improve
ment programs sponsored by Washing
ton must be adopted.
"Greenback" Period Cited.
Consequently, the bankers mind
turns toward central bank" which
would issue its notes in exchange for
Government bonds. This. in effect,
of "greenbacks" by the Government.
The "greenback' period was a sorry
one in American financial history.
No one wishes to see it repeated.
Under the present banking system
in the United States, National and
State institutions are privately owned
and managed. They have an autono-
nous status, though they are begin
ming to believe that 1t is fast fading
away. They are not compelled, how
ever, to buy the obligations Of the
Government unless they favor them
from the standpoint of income and
security. With a central bank" in
operation, the private bank of today
would be only one Of the many thou
sand cogs in the Government ma
chinery. Control of its policies would
be exercised from Washington. 1t
would be an instrument, so the oppo-
nents Of government rule argue, Of the
Treasury in absorbing more and more
Government paper, eventually to be
placed in circulation and so produce
a mad era of imitation, depreciation
in Government notes and Q general
collapse.
(copyrisht 1a34)
Evening star. [volume] (Washington, D.C.) 1854-1972, 1934-09-26
Dollar Is Quoted
At4.%3s in Terms
Of British Pound

By the Associated Press.
LONDON, September 26.-The
United States dollar gained l lis
cents to the pound today, closing at
1868 to the pound as compared to
yesterdays close Of 4.97 7-16. The
opening was at 1865 and at one time
the rate touched 1876.
The French franc also strengthened
further, closing at 1852 to the pound
as compared to yesterdays close OF
1853.
The price Of bar gold advanced u
penny to 14l shillings 3 pence
(s35.06) a fine ounce and an amount
valued at f425, 900 ($2, 109,593.75) was
purchased.
Spectators pushed the price Of sill
yer up another "a penny to a new
high Of % 5-16 pence an ounce.
PARIS, September 26 R.-Three
per cent rentes 70 frances; AZ per
cent rentes, 87.05.
Exchange on London, 74.58. The
dollar was quoted at 15.0334.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1934-09-26
Brokers' Comments
BY the Associated Press.

NEW YORK, September ga
number Of stock market commenta-
tors anticipate a continuation of the
upward trend in the stock market
Jackson Bros, Boesel g. Co.-From
the technical standpoint. the action
of stocks this week has furnished
grounds for believing that new and
definite uptrend Is developing.
J. S. Bache & Goa continuation
Of the recovery movement seems i'm
mediately indicated.
Theodore Prince & Cot is our
thought that stock prices will attempt
duplication of their August highs
on the current move.
Frazier Jelke g. Co.-While we are
encouraged at the behavior of stocks
during the past 10 days. we think it
should be realized that the merket
must wade through considerable
stock before it moves out of the trad
ing area.
Hornblower g. Weeks-We are still
inclined to proceed on the theory
that the low levels of early Septem-
Der will mark the lows for some time
to come.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1934-09-26
ALARMED BY TALK
Of CENTRAL BANK
Many Financiers Fear Step
Is Being Considered Seri.
ousIy Here.
BY CHARLES F. SPEARE.

Special Dispatch to The Star.
NEW YORK, September 26.-The
central bank" terror has now risen
to alarm the financial interests of the
country. Many bankers believe estab-
lishment of central bank is being
seriously considered in Washington
and that it will be made an issue
in Congress this Winter.
Remembering the experience with a
Government-contro bank a CEN
fury ago, when the closing of the
Second Bank of the United States
precipitated serious panic and an
era Of wildcat" banking. 1t is not q
pleasant thought that a new Govern
ment agency may be established to
take banking out Of private hands and
place it under political control.
So far there has been nothing spe-
ciflc to confirm the fears that the
administration will move further to
the left in its monetary policy and
sponsor the central bank" idea. The
matter is in the rumor stage. Such
an institution is said to have been
the subject of study by the Treas
ury Department.
Action Is Predicted.
One of the organs of the banking
world this week states that the fina
report (of the Treasury is expected
to embody concrete plan or plans
for governmentally owned and oper.
ated system, not only of central bank
ing as we have known it under Fed.
eral reserve management, but also oil
commercial banking designed to dea
extensively with the general borrow.
ing public" 1t Is also stated that q
subcommittee Of the Committee or
Banking and Currency has arranged
session before Congress convenes tt
consider this subject and perhaps te
draft appropriate legislation"
There is no little presumption ir
these comments of something thai
may happen, but is quite as likely moi
to-a sort Of egging on Of the banker.
to set up a backfire against a possible
conf1agration.
The occasion for the current anxiety
over the further injection of the Gov.
eminent into banking is the condition
Of the market for Treasury loans. I,
is contended that the September issue
in which conversion Of the fourth
Evening star. [volume] (Washington, D.C.) 1854-1972, 1934-09-26
LUMBER CODE CHIEFS
TO MEET AT CHICAGO

Chairman John D. Tenant of the
Lumber Code Authority, has called a
meeting of the authority to convene
at the Stevens Hotel in Chicago at
10 am. October 3, Ito coordinate
the activities Of the authority and of
the several divisions and subdi-
visions" Each Of the 80 odd d.
visions and subdivisions of the code
administration has been urged to send
its governing board or the executive
committee thereof to the meeting.
Any lumber manufacturer or dealer
may attend If he wishes.