davidaulloa/AmericanStories huggingface dataset:
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1934-05-05
Lotteries Forbidden
In Real Estate Code
Fair Competition for Brokerage Industry Bans Prac.
tee Of Giving Free Lots Misleading Ads Banned

The practice OF giving free" lots
or OF conducting real estate lot.
terleB IL forbidden BY the. code OF
fair competition for the real estate
brokerage Industry, copies Of which
have Just been received in this
John M. Hutchinson, OF this city,
vice-preidont Of the Connecticut
Real Estate association, II q mem-
Der OF the code authority. Tho
code itself, approved last month by
the president, has Just been given
out In fu1.
Affected by the code are those
who represent others, for compon.
sntion, foe or other valuable con.
slderntion IN the following: Selling
or Offering 10 sell, buying or offor-
Ing TO buy, exchanging or Offering
TO exchange, or negotiating for
the sale, purchase OF exchange OF
real property; or leasing or offering
TO lease, renting or offering TO rent,
or negotiating for the lease or
rental Of real property; and tho
collection OF rent, apprniBing or
offering 10 appfaise the value OF
real estate or property, the broker
age or writing OF insurance, or tho
negotiating and procuring OF loans
on real property, 81 an adjunct 70
Basic regulations are tho 40.
week, a minimum WACO OF s14 o
week In cities OF Watorbury'B pop.
uiation class, and tho forbidding OF
lnbororB under 10 years OF ego.
state laws providing more gtrin.
gont regulations than those OF tho
code must DO oboyed.
Ono OF the practices forbidden
In tho trade, practice rules 10 the
dividing OF fees or commissions
with anyone not In the industry
and not registered with the code
authority,
undiscloped commission, rebate or
direct profit on any transaction
comes under tho head OF unfair
practice, an IN tho acting or any
real estate broker In any transac.
ton M both agent and undiBclosed
principal.
allowed o. post O "For. SAFE or
"For Rent" sign on real property
without the written consent or the.
owner or the authorized agent.
Making OF deals or trhnBaetions
without the knowledge OF the own.
or or agent Ii expressly ruled
against.
publishing OF misleading advor-
Using In bnnned. No member can
appraiBo ronl property In which no
In Interested unless he 10 statos In
his report.
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1934-05-05
|NRA REGULATIONS
UNDER DISCUSSION
Local BARRIERS to Hold
Mass Meeting for Code
Reading May 9

A mass meeting OF every boss
barber or shop owner will be held
nc the Y. M. @. A, at 8 o'clock next
wednesday evening. II h request
cd by President Emil Jullano that
all shop owners, whether = NOM
Der OF tho Master Barbers' ASSOC
citation or not, ry,to attend the
meeting.
Pasquale Travisano, secretary Of
the local Master Barbors, assoclR-
ton submitted certain clauses OF
tho new baFbern' code, that will DO
discussed ut the meeting. Article
III, Section la states: I'm any
barber shop operating more than
ono chair, no person, whether q
member OF tho trade, employer or
employee, shall DO permitted 70
perform tho several services con-
stitutinR tho barber shop trade In
excess OF ~ hours lI.any week."
Mr. Travlsnno also calls atton.
ton to Article VII, section ], In
which Il IL stated, mo member. OF
the trade shall publish advertising
twhethor printed, radio, display,
or or any other nature, which IL
misleading or inaccurate IN any
material particular, nor shall any
member, In any way, nasropreBent
any goods, including, but without
limitation, its use, trade name,
trademark, grade, quality, origin,
slso substance, character, nature,
finish, material content or prop.
aratlon or credit terms, values,
policies, services, or the nature or
form or the business conducted"
Secretary Trnvlsano announced
that any further information will
DO furnished at tho mass meeting.
President Emil Juliano will pre-
side.
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1934-05-05

According to present plans the
group will travel to Bridgeport by
bus and board q boat docking at
coney Island. Tho outing will
last one or two days.
Briefs
Miss Alice McGrath of Poplar
street recently entertained visitors
from Hartford.
Miss Katherine Dover of Poplar
street and Miss Margaret Broder-
lex OF Alder street will motor to
Philadelphia over the weekend.
Miss Mary Fitzgerald of Rail-
road Hill street Is planning an ex-
tended water trip In the late
Miss Mary KLEIN who was con-
{, aned to st Mary's hospital follow
ing a recent operation has re-
turned to her home.
Miss Lucy Kennedy of South
Leonard street will visit in Peek
skill, ". r., over the weekend.
Miss Margaret Dunphy OF South
Leonard street visited In New York
city during the past few days.
Miss Mary Fitzmaurice OF Chip
man street will visit In Boston this
weekend.
MISS EtGDDaui8 l'etefb Oh Wtfsvh
street will visit In Jersey City over
the weekend.
no Stage Play
The Children OF Mary Sodality
of 81 Pafrick's parish will sponsor
a one-act play, 1.-THE Mayor and
the Manicure" Friday, May s5th.
The stage presentation should at
tract wide attention because of the
reputation In theatrical produc..
lions OF the cast. 1.-The Mayor ana
the Manicure" requires but -four
players and these people have been
selected because Of their vast ex-
periences In such a production.
They are Margaret Bhesiian. Mar
jorle Powers. Phillip Kelley, and
Major william Shanuhan.
II may be expected that there
will DO plenty OF godo comedy dur
ing the performance. This marks
the first entertainment to- take
place az the Lycoum In several
years. The building has been re-
decorated and reeo n TONED
throughout ana now presents a
nulen1ld appearances. The many
resldenia and former residents Of
fhe section are planning early 70
gather and meet old fricnda and
npenf a souinble evening. Dancing
win follow tho performance.
supper Tonight
The unrIsfoners uf ~ Joaoph'H
parish are holding q parish supper
tonight at The parish hall. More
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1934-05-05
TRAFFIC MANAGERS
MEETING MONDAY

The speaker at Monday nights
meeting OF the Naugatuck Valley
Industrial Traffic association will be
w. J. Mathey, general freight agent
for the seatraln lines. who will de-
scribe the methods BY which his
company operates. He will dis
play moving pictures Of freight
trains being shipped frons sfoDoken
10 Havana.
President Frank Vickery will
preside Mt the session, which will
be held at the Chase Companies
Office. Tho public Is invited.
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1934-05-05

n greater number OF waterbury
residents than almost any one else
residing within tho city limits. Ills
elevation 10 such an important
post In tho Elks In consequently OF
unusual Significance. Flo Ia sure
10 display thero tho same acumen
for organisation and leadership
which should DO most beneficial
both 10 tho lodge and to tho COM
munity. His host OF Waterville
friends and neighbors congratulate
him and wish him every success.
Children OF Mary
The Young Ladies' Sodality OF
the Children Of Mary of 81 MI
ohael's church will receive holy
communion In n body ut the eight
o'clock mass tomorrow morning.
All members are expected to DO
present.
Fellowship Supper
The Church Fellowship supper
OF Grace Methodist church will be
served at the church dining hall
at Gao .. m. on next Monday. Tho
meal will be, prepared and served
by members OF the Ladies' Aid So
ciety.
Farewell Party
Mrs hODcrt ~. WHterbs Ut fhUer
avenue, who IL soon TO leave Wa
tcrvillc, was tho guest of honor
at u luncheon and bridge given
this week by Mrs w. III. Miller OF
Nottingham terrace. High scores
were made by Mrs Waters and Mrs
Frank II. Bailey. A silver cake
plate was presented TO Mrs Waters
as q gift OF remembrance Of her
local friends.
Those attending were Mrs MI
chael Fleming, Mrs Daniel Sulli-
van, Mrs Frank II. Bailey, Mrs
William J. Roach, Mrs Andrew
Craft, Mrs James Kirby, Miss
Hazel Kott, Miss Annie Corby,
Miss Frances Bronck, Miss Helen
Andrews, Miss Anne Cunningham,
Miss Bessie Smith. Miss Edna
Kott, Miss Helen Altman and Miss
Hulda Swenson.
FOrcsters Entertain
Past Grand Chief Ranger VIII
liam Smith and number of
guests were visitors at this weeks
meeting of Court WEIGH, Foresters
of America at last nights regular
weekly meeting which took place
at Francis hall. A class OF three
candidates was initiated. Follow
ing the regular meeting a social
hour featuring a card tournament
was enjoyed and frankfurters and
sauerkraut we're served.
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1934-05-05
PINOCHLE LOVERS
MAY FORM CLUB
Proceeds OF Games to Be
Used for Outing to
Coney Island
BROOKLYN NEWS

Preparatory plans for the formu-
intlon OF n pinochle club were dis
cussod mt o recent gathering OF SOW.
eral BrookiyniteB. ft In planned
that games and standings BIO kept
In accurate record and the pro-
Geeds OF tho games BIO used to
finance an outing the group 10
Conoy Island soon. Francis Tits-
gerald has been named temporary
chairman. The club will play
at place TO DO designated later.
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1934-05-05
Garbage Collectors
To Be Sliced To Is
Health Dept Orders Effective Next Week-Trucks Are
Equipped With Non.Leakable, Covered Bodies

tho old plan of direct pay from tho
health department office.
That there In no dietation being
made as to an exclusive mako OF
sanitary, covered body for garbage
collection bodies, IN shown by tho
fact that tho mon who have been
securing new equipment have
varied their selections.
Az long aB tho mon on the Job
have non-loakablo, covered bodies
and cover their routes In o man.
nor satisfactory TO tho health do
partment there will be no COM
plant forthcoming from the do
partmont. At tho same time, tho
practice followed by some OF tho
collectors In sub-lotting their work
to private collectors, will not DO
tolerated further, The men en-
ployod by tho health department
must do their work and hold them-
selves directly answerable TO tho
health officials. Fast dismissal Ia
10 be promised any collector who
falls TO handle tho Job allotted to
him.
IL IN understood that the quos-
tion Of "private collectors will not
apply TO tho various independent
collectors who procure garbage
from local restaurants.
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1934-05-05
BUS LOAD GOING
TO BIBLE MEETING
Large Delegation Leave at
Noon To-day for Hart.
ford Convention
WATERvlLLE

A full bus load and several pri-
yate automobile loads OF members
OF Everyman's BIblo class or Wa
terville left the corner Of Hunting
don and Thomaston avenues 1t
noon to-day to attend tho tenth
annual session of the National Fod-
Grafton OF Mems Bible classes
which opened to-day ut Hartford.
Fred arick II. Book, president OF
tho class, led the delegation which
planned to attend the three prln-
cipal sessions scheduled for to-
day.
This afternoons meeting takes
place ut the spacious Bushnell
Memorial and the speakers will In
clude Governor Wilbur l.. Cross,
Mayor Beach OF Hartford, William
Ward OF London, England, Rev
John l.. Davis, u. d., OF New Britt
ain, one of the outstanding Bible
class leaders In the country, Rev
Frank u. Haggard, Rev Robbins
w. Barstw, ID. d., and l.. ID. Frye.
At O y. m. the great fellowship
supper will be served at the state
armory on Broad street.
The evening mass meeting with
DR. Lester Il. Cleo of Newark, N. j.,
az the principal speaker. will take
place at Bushnell Memorial. A fea-
ture Of the meeting will be tho
singing OF two selections by a
chorus Of one hundred aud fifty
mile voices. led by G. Harvey Lid
stedt. The group singing Will be
directed by Jack Thomas Of Ruth
erford, N. J. Other speakers on
the evening program will be DIR
John II. Johnston, Rev Truman
Woodward and DIR A. A. Gates.
Many local members are plan
ming to attend the sessions to-
morrow as we'll. It has been es-
timated that nearly three thousand
men will attend the convention.
Bailey Heads Elks
For the second successive year
q Waterville man will head the
Waterbury Lodge OF Benevolent
and Protective Order OF Elks.
Frank II. Bailey Of Essex street,
who has served as esteemed lead
ing knight of the order during the
past year, was raised to the Of
flee of exalted ruler mt Thursday
evenings meeting. He succeeds
Robert A. Waters OF Taber avenue,
who Is just completing an unusu-
ally euccebbtui year. MT Whscrs
will leave the city within q few
weeks, as already announced to
take up his residence In Califor +.
mia.
Mr. Bailey In one Of the best
known and highly respected resi-
dents OF the city. His fraternai ac-
tivIties in the Elks. Moose and
other orders. his membership In
the Liens Club. his place on the
board OF directors OF the Water
bury Y. NJ. G. A.. his leadership "
tho Paramount Community Club
and his business contacts an claim
agent OF the Waterbury Division
OF the Connecticut Company. have
probably given him contact with
than six hundred have already
made reservations for seats and u
may be assumed that many more
will venture into the affair before
the evening Is brought 20 a close.
John Jenusaitis will act In the
role Of toastmaster and Introduce
the various speakers and enter
lalners who are 20 be heard during
Ana nnssraa nj the aV8U4HU.
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1934-05-05

For tho first time In three years
cottong planters OF Peru expect 70
mako q proflt this season.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-10-06
Brokers Are Forced to
Be Firm Under the NeW
Federal Reserve Ruling
Regulations Must Be 0beyed, So Humane Trade-Roon
Gestures Have Been Abandoned; No Chances
Are Taken.
BY CHARLES III. HUFF
Times Special Writer

NEW YORK, Oct. 6.-Wall Street brokers appeared
today definitely have abandoned of their most hu
bridegroom gestures has about in the wake
margin requirements established by the federal
board urherance of the purposes of the Secur
tiles Exchange Act.
The trader who wants little extra consideration now
finds himself confronted by impressive countenance and
cold heart Brokers taking chances developed on
invading disputed technical grounds embraced in the far
flung authority of the securities and exchange commission
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-10-06

Russia would like to buy
hundreds of millions of dol
lars worth of transportation
equipment, electrical goods,
machinery of nearly all varie-
ties, ferrous and non-ferrous
metals, cotton and other
strictly American products.
David Ostrinsky, American econ
omist and student of Russia, esti-
mated that Russian market for
SIS 100000 worth of American
goods is available in the next dec
ade or so.
Billion Dollar Order Waits
Maxim Litvinov, Soviet foreign
foreign commissar, has said his gov
eminent is ready to place orders for
manufactured goods and raw ma
terials totaling $1,000,000,000, pro-
vided it received adequate credit
facilities. He saw no reason why the
United States should not get so or
70 per cent of this business.
The key to this bgusiness is credit.
The total of world trade is down to
a third of its normal value, and
Soviet exports are hit with the rest.
Therefore, Russia at present must
content herself with comparatively
few purchases abroad unless she can
obtain credits.
No enterprise into which the
United States is now throwing vast
sums to prime the pump" of bust
ness Surpasses the Soviet Union as
credit risk. Regardless of whether
times get better, it is estimated that
her gold output alone will reach
$300,000,O00 annually during the
next five years.
That the Soviets can pay for what
they buy is not questioned. That
they will not voluntarily default-as
Britain, France, Italy, Germany and
other European debtors have done
also seems q IdlTly Sale Del,
Needs Credit Facilities
Russia today is about where the
United States was, economically, in
the 1905. Occupying one-sixth of
the globes land surface, she is just
starting to build one of the earth's
greatest economic empires. To sue
coed, she must continue to have re-
course to credit facilities abroad for
at least another generation.
There are only about $4,000 miles
of railways in Russia. In the United
States there are 100000 miles. She
has 170,000,000 inhabitants We have
only 125,000,000. Thus she has a
bare seventh as much railroad per
capita and only a twelfth as much
per square mile of territory. AS the
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-10-06
SWEDEN SOLVES
MONEY WORRIES
Purchasing Power Is Made
More Reliable by
Foreign Nation.
By Times Special

ny tWtS cpeclub
CHICAGO, Oct. 6.-The best an
swer to those who say that money
can't be managed by men in order
to keep the dollars buying power
constant is Sweden, DR.. Irving
Fisher declared today.
Sweden has shown the way to-
ward making the purchasing power
of money more reliable" DR.. Fisher
said. Sweden also has practically
abolished imitation and def1ation.
The country has so regulated
the flow of her circulating medium,
including checking deposits, as to
keep her domestic commodity price
level as constant as possible from
September, 1881, to date"
A nation wide press release re-
Gently showed that Sweden is fur
Their on the road to recovery than
any other country in Europe. In
my opinion, DR.. Fisher asserted,
Sweden would be still further on
the road, if, before stabilizing her
price level, she had raised it by
monetary relation sufficient to cure
the damage recently done to Swe-
borough bill, the power to correct
any changes in the value of the
gold-bar dollar to keep it in line
with the desired price level is vest
ed in the Monetary Authority of
dish debtors by the recent deflation."
IF, as proposed in the Colds
the United States and made per-
manent, America would then be
fully equipped to achieve as fine an
adjustment of the price level as
Sweden has already achieved" DR..
Fisher said.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-10-06
FORECLOSURES DROP
REPORTED IN CHICAGO
September Sales Smallest
Since January, 1913.

By Times Special
CHICAGO. Oct. 6-Real estate
foreclosures in Cook county in Sep
TENDER represented the smallest
total since the compilations were
begun in January, 1880, according
to the Builders Commercial Agency.
Forced sales last month, it was
reported, amounted to 963 and in
volved property values of 1896 ,267,
compared with 1852 and $11, 790,475
in the preceding month and 1,151
and s19,993,69 in September year
ago.
For the first nine months of the
year foreclosures aggregated 1856
and involved $130,981,071 of prop
erty values, contrasted with 1885
and S293, 429, 377 in the correspond
ing period last year.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-10-06
Gets
PLAN FOR HUGE
PUBLIC WORKS
Report of Mississippi Valley
Committee Filed With
Secretary ICkes.
By Times Special

By Times Special
WASHINGTON, Oct. 6.-Admin-
istration officials have before them
today general plan for what may
be the nations next and greatest
public works probationary de-
velopment of the Mississippi River
Valley, from the crest of the Rock
les to the Appalachians.
A preliminary report of the Mis-
sissippi Valley Committee, outlining
policies for the development, has
been filed with Secretary Ickes for
transmission to the President. 1t
approved by Mr.. Roosevelt for it
may form the basis of major rec
concentrations to the next congress.
The recommendations cover pro-
posals for development of a vast
system of reservoirs throughout the
midwest to control flood waters
and soil erosion, and include plans
for development of water transpor-
tation and water power.
Maps are Drawn
The Mississippi Valley committee,
first a part of the National Plan
ming Board and now of the National
Resources Board, has had the bene-
fit of all available government data
in its study of the river and it's
tributaries, including studies of
army engineers and of a special
committee which reported to the
Army.
The reservoir system, at one time
called impractical by advocates of
levees for control of the Mississippi's
flood waters, has been studied in
tensively.
Maps Of possible reservoir systems
on tributaries have been drawn.
And although power interests in
the past have fought the reservoir
system, the possibilities of water
power development in connection
with the project are detailed.
The reservoir system, its advo-
Gates contend, would represent the
wisest national investment for, in
addition to flood control, it would
have benefits in power production,
control of stream flow for naviga-
ton and irrigation and might even
modify the weather.
National Experiment
The Missouri, Arkansas, Red and
Ohio rivers could be made navigable
the year around, it is contended.
Possibility that government au-
thoritieS similar to the Tennessee
Valley authority may be recon-
mended to congress to carry on the
gigantic development is seen in re-
peated declarations of the IVA di-
rectors that their work is national
experiment in methods for other
similar developments.
Efforts to create Missouri Valley
authority have caused belief that
individual boards may be set up to
administer pdojectS on the major
Mississippi river tributaries, their
work co-ordinated by main board
for the entire valley.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-10-06

Of course, there have al
ways been margin require
ments, although brokers were
at times permitted to use
their own judgment as to
what they considered safe. Bat now
the brokers' judgment is no longer
a factor in the situation. He has
been told explicitly how much mar
gin a trader must put up If he
wants to trade. And even over
night accommodation to regular and
reliable customers is now thing OF
the past.
Brokers Were Lenient
1t had been the practice, probably
because it was considered good bust
ness, for brokers to be lenient to ia
vored customers.
For instance, a trader might want
to take on some stock on the spur
of the moment, with credit bal
ance of meager proportions, but oft
en- the broker would be willing to
execute the order and wait until the
following day for strengthening of
the margin account. But this form
of trading on the cuff isn't being
done any more.
The brokers have been advised
that they may get into serious con-
tractual difficulties if they overstep,
in any minute particular, the new
law and the rules promulgated I'M
der it. 1t is conceded that many
points will be subject to dispute UNI
til they are definitely clarified by
judicial Interpretation, but the aver
age broker is not inviting himself
to become a party to any test cases
at this early stage in the proceed
ings.
Customers May Enforce
One Interpretation upon this
point. and one that does not en-
courage extraordinary hospitality on
the part of brokers, is that in any
contract which violates a stipulation
of permissible credit, the broker
would have no rights to enforce, but
the customer, on the other hand,
could enforce it against the broker.
This, of course, is disputed point,
but there is no certainty that the
Interpretation is incorrect.
A still further contention upon
this point, unpleasant to the broker,
is that a customer would be en-
powered to repudiate a contract
which involved excessive extension
of credit and to compel the broker
to return all margin deposited.
II all appears very dangerous TO
most brokers, and their slogan has
become safety first. even at the sac
rihce of long-standing friendly re-
lauons.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-10-06

SovietS have almost no improved
highways, the comparison becomes
all the more startling.
These are only a few samples of
RuSSia'S requirements. But she will
buy from us only in proportion to
the credits extended. She is not in
a position to pay cash and will ac-
cept credit only on terms which she
is convinced she can meet. She
seems fully to realize that default
would be disastrous.
An American railway adviser in
Moscow told the writer that if the
United States misses the train now,
it will be left behind for good. The
opportunity will not knock at our
door a second time.