davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-15

d. e III CSoGllNC. dbANAAAk<N' " -
the problem of business recovery.
In Analysing this question, we
must first determine the relation
ship between wealth and income,
and must then decide in which OF
the two the average person is prl-
marily interested. A simple analy-
sis should help to clarity the first
problem. The individual does not
need wealth in order to receive an
income. A moments careful ret1ec-
ton will lead to the conclusion that
most of us who receive an income
have little wealth.
DETERMINATIONS Stressed
The wage Garner who earns SIS a
week and lives in poverty usually
has no wealth, but he certainly has
some income. Although the total
wealth is used in producing the
total income, the ownership OF
wealth does not necessarily COIN
eide with the ability to secure in
come.
The second point to remember is
that all wealth does, not yield in
come. Consumers goods, such as
clothing or food, are wealth, but
they are not used by the consumer
to produce income in the business
mans sense of the word. Likewise,
an old master painting, a Rem
brandt, is wealth, but it yields no
money income.
There is no reason to believe that
wealth and income should be pro-
portionate to one another. The or
binary facts of our economy indicate
that they have no fixed relation
ships. Thus, a redistribution OF
wealth does not necessarily mean
similar redistribution of income.
Money and Real Income
The above analysis also helps
answer the second question, namely,
which is more important to the
average person-wealth or income.
What VIC are interested in is not the
ownership of wealth, but rather in
how that wealth is to be used to
produce income. If it is used et-
ficiently, a larger income will result,
but the whole increase IN income
does not go to the owner of wealth.
A small portion of it does, but the
major part is distributed to people
who have no wealth.
Another point to consider in con-
nection with income is the differ
ence between real income and
money income. It is not the amount
of dollars which the employe or
the farmer receives which indicates
his state of well-being, but rather
the goods and services that he can
buy with those dollars; /. e., his real
income.
If we increase the amount of dol
lars which people receive, but at
the same time, through price fix
ing devices, inflationary schemes,
monopoly, waste, ETC., cause a sharp
increase in costs and in turn sharp
rise in prices, then it is obvious
that the real income may be re-
duced even though dollar income
has increased. 1t is by ignoring the
above simple truths that we go
aStray into all sorts of panaceas
which are supposed to bring recov-
cry but, in reality, hinder it.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-15
by Times special)

LOUISVILLE. Nov. 5.-Cattle-Receipts.
325; market. slow, about steady with
grade, slaughter steers and heifers quot
able mostly s3645O best lightweignts
quotabie to around S.; bulk beef cows.
and cutters mostly sIa2: bulk sausage
bulls. s225d275; bulk beef type stock
calves, s450q5 5; common 70 medium grade
Receipts. 200; market not established.
inSications for a generally steady mar
ket or $50 $50 for most better grades;
choice in broad demand and held higher.
Hogs-Receipts. 300: market l0c higher;
top and bulk 100000 lbs. IS. 1s0-l95 lbs
$3.50; 305 lbs W. s555; ls0-l75 lbs. IS:
I40-l55 lbs. $3.50; l00-l35 lbs. SO 30. soWs.
S465 Sheep-Receipts IS; salable sup
ply very light: market generally steady;
bulk medium to good lambs. s550d6;
choice. quotabe higher; bucks discounted.
light throwouts mostly SO so; better fat
ewes. sl50d2: stock ewes, salanle mostly
$3.50 a head down.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-15
CBy Abbott. Proctor & Paine).
Retail Coal Prices

The following prices represent quotations
from leading Indianapolis coal dealers.
ascent carrying charge per ton Will BEL
auue1 noMrSrIn RETAIL PRICES
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-15
Chicago Grain Futures
fBy James z. Bennett g. Col
LOCAL CASE mARKEr

City grain elevators are paying 50 cents
for No. soft red wheat. Other grades
on their merits. Cash corn No. 3 yellow
u cents. and oats ~ cents
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-15

THE stock market has given an
Il linking Of what was happen
ing with the recent rise in value OF
shares in the building division. Is
sues in this category. which are ex-
pected TO benefit from the renovat-
ing campaign. have reflected steady
buying in recent weeks.
Building permits issued in the
first ten months of the year amount
to s299. Isl. l29. an increase of Is
per cent over the like period. This
is the first time that the total for
the first ten months has gained
over the preceding year since 1925.
which. by. he way. was the boom
year in the building trades
The legions hoping for recovery
can be well pleased with the OctO-
Der building report. which may be
added to other recent evidences Of
Improvement in business and in
dustry. From now out monthly re-
ports on permits can be studied for
indications Of sustained betterment.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-15

MO denials can be made that
IN much Of the betterment in the
statistical picture is the direct re-
suit Of the government sponsorship
Of home repairs and Improvements.
Had IL not been for the fact that
federal agencies helped to finance
such activity on the part Of in
dividuals throughout the country,
the October building report IN
doubtedly would not have been as
bright as it is.
And the fact that government
project played such an important
part in the showing will upset
those recalcitrants who are inclined
to poOh-pOoh each and every
endeavor of the administration to
foster revival. It proves that
people are willing to spend if they
are given a lift. Little of the home
undermining and renOvating would
have occurred If the government did
not bring together the builder ana
the home owner.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-15
Other livestock
fRv limited Press

LAFAYETTE. Nov. 5.-Hogs-steady;
1Oc higher 10000 lbs, s5.90q6 8; 3oo-3
lbs. s5.75 230-26O lbs s575a5a5: 21O-
5 So l60-l9O lbs. s5i00 $50; pigs. $50
down: roughs. IS so down. Calves-Steady;
IS down. Lambs-Steady: IS down.
FIT. WAYNE. Nov 15.-Hogs- STEADY to
lbs. $3.50; 2O0-225 lbs s545: 10000 lbs.
SIS Is; 3O0-35O lbs. $3.50: 150-l6O lbs. 81 so:
I40-l50 lbs. s4.35. 190-14O lbs. s3.55; 100
100 lbs. S3.35; 100-l20 lbs. s28 roughs.
s475: stays. s. Calyes-s7. Lambs-6625
m650 on choice
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-15

THE aggregate volume Of build
IL ing permits for 2l5 cities was
s37 .4f6 293. compared with 6.567.
925 in the previous month and
S26.l98342 in October. 1888. The
months total represented. with the
exception OF May. the largest dollar
volume Of any single month since
April OF 1882.
Virtually every section Of the
country participated in the greatly
improved showing over a year ago.
The New England area failed to
jump on the band-wagon oy a
narrow margin. reporting a decline
Of 2 per cent. Increases in other
sections OF the country ranged
from SO per cent in the west
central territory 70 1893 per cent
in the south central territory.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-15
Trends
Volume of Building
Permits Squirt
In October.
By VINCENT S. LYONS
Times Financial Editor

EHE building trade is so basic
ally tied up With general busi-
IS recovery that many economists
el that a distinct revival can not
> mateTislize until this branch Of
industry arises out OF the slough Of
depression. Il is true that the VOL
ume OF building permits issued
from month % month over the last
Few years represents only a small
proportion Of the figures prevalent
N the more prosperous cras.
With this thought IN mind. Oc-
tober statistics on building per-
mits granted throughout the c0un-
try must be particularly comfort
ing 70 this group Of economists.
Dun & Bradstreet. Inc. in issuing
these figures. disclose that the in
crease over the preceding month
was more than sixteen times great
er than the normal seasonal IN
crease during October.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-15

Latest Stock, Bond and
Commodity Quotations
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-11-15
FEDERAL PROBE Of
4. 7. ( I. AND BELL
COMPANIES ORDERED
Communications Commission to
Go Into Financial Struc-
ture, Connections

Washington, Nov. Is. - m - The
Communications Commission Thursday
ordered an investigation Of the Amer
lean Telephone & Telegraph Co., and
Its contract with the associated Bell
companies.
The commission said its inquiry
would 60 into the history and finan-
cial structure Of A. T. & T., including
connections and relationships with
associated Bell companies and other
subsidiaries.
This examination, 1t was stated, also
will include subsidiaries which manu-.
facture equipment and supplies in
Guiding all subsidiaries Of related
companies which affect the commune
cations industry under the jurisdiction
Of the commission. Financial ar
rangements also will be studied.
There will be general inquiry into
contracts between the A. r. & r.
company and the Western Electric
company as well as agreements be-
tween the Western Electric and asso-
.ciated Bell companies.
!: Upon completion Of the testimony
by the A. T. q T. and its subsidiaries
witnesses will be heard from indie
pendent companies which will be ask
ed to supply information as TO- their
financial structures, services, agree
ments and contracts.
State regulative commissions win b
considered, the commission said, In
the program Of investigation as well
rs other interested parties who may
intervene.
]. The commission did not set date
for the hearings, but It was under
stood they will not be held before
Jan. /.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-11-15
TOTAL ABSTINENCE
URGEDBY ". T.U.
ORGANIZATION Condemns Man.
ner Of Repeal Of 18th
Amendment

Cleveland, O., Nov. 15.-(R-Reso-
buttons urging total abstinence and
purging OF political parties were
passed Thursday in the concluding
sessions Of the annual convention Of
the National Woman's Christian
Temperance union here.
The organization asks legislative
bodies and commercial interests Ito
require total abstinence Of air pilots,
train operators, automobile drivers
and all who are In any way respon-
sible for the life Of Others"
Vigorous protest Is made against
the manner Of the repeal Of the 18th
amendment, asserting that partisan
political pressure was brought to bear
In state repeal elections.
Employment Of women Is "bar
maids" or Mattresses in establish
ments where liquor and beer are sold
was condemned.
In another resolution. the organi-
nation protests "the indecent, salaci-
Gus films which degrade the screen"
and commend the artistic produc-
ton but deplore that too often OBJ
jectionable features accompany them. !"
I'VE protest the subservience Of the
major parties to the domination Of
the liquor interests" another resolu-
ton reads. I'VE render thanks to
those few brave statesmen who stand
for princinle ahnu4 party dictation.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-11-15
insult, R. DEFENDS
SIX.FlGURE WAGES
PAID Him, FATHER
Says $548, 900 Extremely Mod.
crate; Most Of It Went to
Charity

Federal Courthouse, Chicago, Nov.
l5.-(REThe six-figure salaries which
he and his father received from the
insult public utility system were de-
Tended by Samuel insult, Jr.. Thurs
day as extremely moderate.
As for himself, young insult told
the jury In the insult mail fraud
case. he was paid with the under
standing that q large proportion Of
his income would 60 to charitable
and civic enterprises.
Looking younger than his age-34-
the younger insult resumed the wit
ness stand after the prosecution had
blocked testimony by Byron Clifford,
public utility engineer. Judge James
H. Wilkerson sustained government
objections that Clifford was being
asked for improper opinions on the
value Of insult utility properties.
insult, called Junior" in insult
business circles. was led at once into
q discussion Of his own salaries, and
then those Of his father.
Together, they drew $54S,OOO In
1929. and g evidence that this was
comparative he cited the salaries re-
ceived by the principal officers Of two
other corporations-Bethlehem Steel
and Montgomery Ward & Co.
The total revenue Of the compa-
MES which paid our salaries vas q
little over $4,000 900 in 1922" said
insult. answering the question Of De-
tense Attorney Floyd E. Thompson.
Our salaries aggregated 45lS. OOO
Bethlehem Steel had q net revenue
Of $50 000, 900 and its principal execu-
tive drew 81, $4,000"
who was that?" asked judge Will
kerson with interest.
Grace" said young insult.
Earlier in the day Bishop George
Craig Stewart Of the Protestant Epis-
copal church appeared as q character
witness for the younger insult, whom
he described Is Of excellent reputa-
tton."
insult told the jury his fanily's
holdings were wiped out In the crash
Of the two insult investment trusts,
detailing the amounts turned in in
an effort to do the best We could. !"
He explained that his mother had
signed away her dover right In the
1850 acres Of pretty good dairy farm
land" and that even his fathers in
surance had been turned in.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-11-15
No More Headache
No More Backache
No More Dizzy Spells

Mrs. Arthur Willette Of Ferndale
Mich. writes: Just started my It'll
jar Of Kruschen. First I want Il
tell you I lost 80 lbs. in 3 months
! weighed 18l-now weigh 154 and
still want to lose IS more lbs.
feel better than I have for 10 years
I used to have headaches, backaches
dizzy spells, heartburn but don't any
more. I have friends taking it and
It's helping them, too"
Il you want to get rid Of ugly, un-
healthy fat which saps vitality. short
ems life and makes you look old and
unattractive-if you want to possess
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-11-15
Calls Upon People to Work VIII,
Gratitude for 1etterment
Of Mankind

Warrington, Nov. 15.-lReIn Z
Thanksgiving day proclamation, PRES
ident Roosevelt Thursday called upon
the American people to dedicate our
selves anew to work for the better
ment Of mankind"
This should be done, he said, with
gratitude in our hearts for what a.
ready has been achieved"
The text Of the proclamation fol-
lows:
II, Franklin D. Roosevelt. president
Of the United States Of America,
hereby designate Thursday, the 10th
day Of November, 1884, - . day Of
Thanksgiving for the people Of the
nation.
THUS to set aside in the autumn
Of each year Z day on which to give
thanks to Almighty God for the bless
ings Of life IS 4 wise and reverent
custom, long cherished by our people.
It is fitting that we should again OBJ
serve this custom.
During the past year We have been
given courage and fortttude to meet
the problems which have confronted
us in our national life. Our sense Of
social justice has deepened. We
have been given vision to make new
provisions for human welfare and
happiness, and In . spirit Of mutual
happiness We have cooperated to
translate vision into reality.
More greatly have We turned our
hearts and minds to things spiritual.
We can truly say what profiteth 1t
q nation II It gain the whole world
and lose it, own SOUL
with gratitude In our hearts for
what has already been achieved, may
we, with the help Of God, dedicate
ourselves anew to work for the bet
terment of mankind.
Tn witness thereof, I have here
unto set my hand and caused the
seal Of the United States to be af-
fixed.
Done in the city Of washington
this fifteenth day Of November In the
year Of our lord nineteen hundred and
thirty four and Of the independence
Of the United States Of Ameica the
one hundred and fifty-ninth."
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-11-15
Campaign Deficit Is
Republican Problem

Means u meeting q deficit built up
in the recent campaign, and possible
proposed legislation at the next ses-
sion were discussed here Wednesday
night by newly elected Republican
state officials and members OF the Re-
publican campaign committee.
Lars Siljan. campaign manager Of
the LANCER faction. said about $500
had been spent in the campaign and
that there was . deficit Of some $500.
The group decided against any as
sessment Of state employees to meet
the deficit.
After discussion, the newly elected
officials said they would meet the
larger share Of the deficit, and the
group decided voluntary contributions
probably would make up the remain
der.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-11-15
= o II TIN u z n
from paGe cue.
Abandon Proposal
For Early Change
In Bank and Mill

Of the Bank Of North Dakota but
that some other changes Will b made
there. Officials and employees who
were objectionably active. either In
the prosecution Of the 1ive-per.cent
collection racket or In other phases
Of political activity, win b dismissed.
An effort will be made to put the
bank on . strictly business basis.
Among those almost certain to leave
the institution Is Carl Lewis, second
III command under .stangler, whose
political activities were Of such . ma
ture as to make him particularly
obnoxious to many Democrats. Noodle
is expected to have little trouble In
obtaining support for Lewis removal
If the reorganization plan calls for
his dismissal.
Farmers Promised Chance
With regard to the mill and ele-
vator, all factions are awaiting the
governor elects Qualification Of Z
plan advocated by him during the
campaign to give farmers . larger
voice in the control Of that enter
prise. Il 1t Is considered sound and
workable 1t is expected to meet uni
versal support, both from the new
industrial commission and from the
legislature. Opposition to such .
plan is conceded to be tantamount
to political suicide. The only fight,
IL any, will We In the manner In which
the end is to be brought about.
Several ideas are being considered
but none Of them has the approval,
express or implied, Of the governor
elect. His plan may prove to be
totally different from either Of the
two most commonly advanced.
The first Of these, and the most
likely, Is for the appointment Of Z
board, to consist wholly Of farmers.
which would supervise the activities
ct the mill in conjunction with the
members Of the industrial commits
sion. It's members would not only
determine the policy but choose the
executives to carry 1t out.
The second would lease the prop
erty just as it stands. to the Farmers
Union or some other farm organiza-
ton. permitting 1t to operate the
mill as q private enterprise. In such
an event, the industrial commission
probably would b empowered to ter
inmate the lease ct viii and adequate
provision would DO made for auditing
the institutions accounts.
with regard to tho Bank Of North
Dakota, the policy Of making no new
loans and Of transferring old loans
to the Federal Land Bank probably
will be continued.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-11-15
Lack Clues In Hunt
For Child's Slayers

Nashville, Tenn, Nov. 15.-R-
While law enforcement agencies were
doing everything possible Thursday
to solve the abduction and murder Of
six-year old Dorothy Ann Distelhurst,
funeral services were tentatively set
for Friday.
Attorney General J. Carlton Loser,
directing an investigation into the
case, said that at the present time
We have no tangible facts on which
We can base . satisfactory conclusion
about the matter"
He added, however, that ALI law
enforcement agencies are doing every
thing possible to get some clue that
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-11-15
Thanksgiving Holiday Is
Proclaimed By President

might lead to the apprehension Of
the party or parties numbering the
DisteIhurst child"
Dorothy Ann disappeared last Sept.
70 while walking home from kinder
garten. Tuesday, . body was found In
. shallow grave on the outskirts Of
Nashville, and was identified by 4
physician and . dentist % that Of
the missing girl.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-11-15

For Minnesota: Generally fair In
east and south, unsettled In north
west portion, somewhat warmer In
west and extreme south portions
Thursday night: Friday unsettled,
probably rain IN east and north por-
night and Friday, except probably
showers extreme west portion: warm
er north-central portion tonight.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-11-15
Mrs. Willette Tells How She
Lost 50 Pounds In ; Months

healthy figure with slender femi-
nine curves-take half q level tea
spoonful Of Kruschen Salts In q glass
OF hot water first thing every morn
Ing. Kruschen Is the safe, healthy
way to reduce-approved by physic-
ians-a jar costs only q few cents
and lasts I weeks ct Finneys Drug
Store or any drugstore throughout
the Observation-Disclosures.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-11-15
LAUNDRY sTRIKE CALLED

Chicago, Nov 15.-(R-A strike Of
laundry and dyehouse drivers
throughout Chicago viii become ef-
fective Monday unless differences
over . 20 per cent discount allowed
to cash and carry customers are COM
posed.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-11-15
PRECIPITATION

FOR Bismarck station:
Total this month to date ...... %
Normal, this month to date -. n
Total. Jan. 1st to date ......... 7.43
Normal, January LIST to date !. 1SA7
Accumulated deficiency to date oO4
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-11-15

RING PETITION
NENT OF AID.
mt 10 AND FOR ~.
- LETTERS OF
W VIBRATION.
nth DAKOTA, Coun-
~ COURT, Before Hon.
Judge.
.er Of the Estate Of Ellen
Aney, also known rs Ella
...... deceased.
0nAy
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-11-15
Weather Report
FORECAST

For Bismarck and vicinity: Unset.
ed tonight and Friday; warmer to-
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-11-15

SHSSv E1Vy SVN
\ knee to Baal.
"A prevents the
of prohibition
parties"
tests the federal
eSSSnission Ito slip.
ms that adver.
ess:e.s1-' and tobacco and
table for children"
N radio programs.
..s's-s' Is assailed in an
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-11-15

the estate Of Ellen Harvey Ma
deceased. in and by the county court
of Burleigh county, North Dakota.
and that letters Of administration Of
said estate In said county court, be
issued to said John r. Mahoney.
The late residence of said Ellen
Harvey Mahoney. also known as Ella
Mahoney, deceased, the owner of said
estate, was. at the time Of her death.
the city Of Bismarck. in Burleigh
county, North Dakota.
Let service be made Of this cita-
tion as required by law.
!. Dated this 18th day Of November.
\. D. 1884.
BY the Court:
(Seail !. 6. Davies.
yudge OF said County Court.
11/15-22
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-11-15
Petitioner,

Mahoney, Marcella
eltrup, Edwa I'd
e:k Joyce. James
TOR, the heirs Of
-Apney Joyce, de-
VS. OF Con Ma
L Kelley.
OF said
and al
In the
jAy Ma.
Ella Ma
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-11-15
; Respondents.
9TH DAKOTA
CSPONDENTS:
U are hereby
annoAp hAf0rn

:, at the office
Of said county,
lnty, North Da.
'u0d 3 1mty ana state. on
cember, "A. D. 1894.
two o'clock in the
MO10O day. to show cause,
=, why the petition OF
.ney, dated November
4, on file in said Court,
VI. he. said John r. Ma
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-11-15

In the near future The Bismarck
Tribune will publish a well-illustrated
and descriptive souvenir booklet on
North Dakota's magnificent new ST.
100000 capitol building.