davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1934-08-28
RFC HEAD SEES
BANK CHANGES
BY International News Service


Within the last year there has
been a decided change in the at
titude of banks, greater liber-
ality having developed in the ex-
tension of credit, Chairman Jesse
H. Jones, of the Reconstruction
Finance Corporation said today.
Last September Mr.. Jones as
sailed the banks in speech in
Chicago for not falling into line
with the New Deal" Today, he
said:
Things are different now.
The morale of the banks has
improved. Last September the
banks were forcing liquidation
of loans, which did as much
damage as the failure to make
loans.
II think that condition has
passed"
Mr.. Jones expressed the belief
the banks were making loans up
to five years to industry on good
security. He declared that there
is plenty of money available but
scarcity of borrowers. Big in
dustry is now borrowing. In
frequent cases smaller indus
tries cannot qualify for loans.
The monetary situation has
nothing to do with the bank loan
situation, in Jones' opinion. He
pointed out that the banks pay
kind of money that they loan
their depositors with the same
out.
The RFC will make a careful
study of it's direct loans to indus.
try in the period intervening be-
fore Congress meets in January
to determine whether this system
should be continued.
The Washington times., 1934-08-28
CATERP|LLARS
HERE AGAIN

Refusing to accept defeat this
year, caterpillarS, which usually
make a visit once annually, have
returned a second time this sum-
mer and in the neighborhood Of
Seventh and East Capitol Streets
became firmly intrenched before
the Department of District Trees
knew the return engagement"
was playing.
Why this second visit was made
this year has not been explained
by those familiar with caterpillar
habits, but the fact remains that
they have come back and residents
of the infested area find them in
great numbers on sidewalks, lawns,
steps, porches, and now and then
they drop on people Strolllng
along the street.
District officials charged with
caterpillar infestations now are
spraying the trees in the area but
they say that the spraying only
poisons the leaves the caterpillars
eat but does not kill the fuzzy
visitors directly.
The Washington times., 1934-08-28
THEY RUN TODAY.
At MARLBORO

MARLBORO RACE TRACK,
Md, Aug. 28.-Ideal racing con-
ditions prevailed here today for
the opening of the Southern
Maryland Agricultural Fair Asso-
cations five-day meet. Post time
is p. m.
While the card is made up
mostly of claiming races, the fifth
race, a sprint affair of six and
one-half furlongs, is booked as
the feature attraction. Thirteen
horses have been named, but rules
of the association permit only
eight to start.
Tulyries Wand, winner OF three
straight races at Cumberland, will
probably rule the favorite. The
little filly will be handled by the
apprentice jockey. j. Davis. c. c.
Smithson, of Washington, has the
fast but faint-hearted BeniSh Way
entered, with Joe Passero up.
Stylish Mack, who won at good
odds at Cumberland. will also
come in for a large play.
Due to the large band Of juve-
niles on hand, Racing Secretary
John Turner has arranged two
races for youngsters today, the
first and second, both being dasheS
at five and half furlongs.
The Washington times., 1934-08-28
London Motors
Hit By Decree,
Silent NIGHT

LONDON, Aug. % U.S0.-Si
lence for London between the
hours of 1870 p. m. and 1880 a.
M, beginning last night, was
ordered by the ministry of trans
port in order to give Londoners
a chance to get complete
nights rest.
The Glowing of all motor horns,
open exhausts and noisy chang
ing of gears has been banned.
Not single toot may issue from
any motor car, whether 10 ton
omnibus or tiny seven horsepower
car, within radius of five miles
from Charing Cross, the clty's
center
Pedestrians will be given the
right of way and automobiles will
have to slow down for them,
without sounding the horn. Jay
walkers, however, were advised
to proceed with great care.
Transgressors for the first few
nights will be merely warned, but
prosecutions are promised for repe'
titions of violations.
The Washington times., 1934-08-28
WOman's Charges
Put Sailor in Jail

NORFOLK, Va, Aug. 28.-The
police today were holding Earle
M. Stanford, attached to the Navy
supply ship Arctic, on complaint
of Mrs. sallie Stallings, 11O4
CRANKY St., who charges he at
tempted to assault her in an auto
mobile.
Mrs. Stallings says she jumped
from the car while it was moving
and ran. William Smith, Wash
ington, D. c., and w. E. Davis. of
Norfolk, who were driving to Nor
folk, drove her to police head
quarters.
The Washington times., 1934-08-28
BOY GETS
CHANCE To LIVE

FORT PAYNE, Ala., Aug. %
G.N.SD Little Wallace Sharp,
jr., tossed feverishly on a small
iron bed in his dilapidated home
today with a $3.50" chance to
live after a belated operation of
his infected leg.
BY agreement with his father
and grandmothr, members of the
Holiness sect, two physicians
operated upon the child late yes
terday in delayed effort to save
his life.
Threat of immediate arrest hung
over Wallace Sharp, sr., the
father, and Mrs. Pearl Sharp, the
grandmother, if they failed to
permit the operation.
The Washington times., 1934-08-28
School of Beauty
To Graduate 18

Graduating exercises of the
spring and summer classes of the
Walker School of Beauty Culture
will be held tonight at Mt. Moraih
Baptist Church, the Rev. j. Har-
vey Randolph, pastor, delivering
the address.
The graduates will include Mrs.
Juanita Madden, Miss Marie
Jones, Miss Betty Lee Robinson,
Mrs. Helen Gibson, Mrs. Ida Tay-
lor, Mrs. o. P. Johnson, Mrs. Eli.
nor Jackson. Mrs. Florence Kelly,
Mrs. Gertrude Branch, Mrs. Anna
Woodland. Mrs. Kathleen Nc
Clure. Mrs. Oliver. Mrs. Emaline
AgneW, Mrs. Augustus Douglass,
Mrs. Annie Mason, Mrs. Susie
Geary, Mrs. Lillian Hall, and
Mrs. Serena Cooper.
The Washington times., 1934-08-28
Detective D0ns
Disguise; Lost
Fishing Bet

Detective Sergeant John o.
Patton reported to work at
Police Headquarters today look
ing like one of more ardent
disciples of the House of David.
The lower part of his face ap-
peared to be a cross between a
weed patch and van-dyke
beard. The growth is the result
of a fishing bet which Detec-
tive Patton made with Leo Muir
ray, another detective sergeant.
Both detectives went on a fish
ing trip down the Potomac over
the weekend and agreed that
the one who caught the largest
fish would be able to enjoy see
ing the loser grow a beard.
Detective Patton lost.
The Washington times., 1934-08-28
COL. L|NDBERGH.
PRAISED AS.
BIOLOGIST
DR.. Alexis CarreI, Rockefeller
Institute, Says Filler Is
Brilliant Bio-ChemiSt

PARIS, Aug. % 0.N.SD.-Dr.
Alexis Carrel, famed research
worker, could not be reached to-
day for verification of an inter-
view published in the Paris Jour
in which he called Charles A.
Lindbergh. the famous flier, his
best laboratory assistant in bio
logical research. DR.. Carrel was
quoted as saying:
THE whole world knows and
admireS the first man who flew
the Atlantic alone. You know
his extreme mOdeSty and what
1 am telling you about him no
body suspects in America. He
follows my course aSSiduOuSly
and has become my best assist
ant in biology. The name he
will leave in that science will be
as illuStriOuS as that in avia-
tiOn."
NEW YORK, Aug. % GN.S).
A laboratory report in the maya
zine, Science" two years ago,
signed &C. A. Lindbergh, division
of experimental surgery. Rocke-
feller Institute" was the first
inkling America had that it's
most famous aviator had taken
up research work in bio-chemistry.
1t was learned that sometime
before he had become interested
in the mechanics of an apparatus
for separating blood corpuscls
and spent much time at the
Rockefeller Institute perfecting
the device.
It was learned at the time that
Colonel Lindbergh had been aSSo-
ciated in this work with DR.. Alexis
Carrel, who is connected with the
Rockefeller Institute.
The Washington times., 1934-08-28
ROW WITH GIRL
JA|LS YOUTH

Robert Mundt just simply
couldn't believe it when his for
mer fiancee insisted that she
didn't want to see him any more.
And so he will spend the next
60 days in Jail.
Robert is % and lives in the
1900 block G st. N. w. His former
fiancee is Mildred Lunsford, also
%, of the 200 block Ninth st. S. w.
They were engaged back in
Sioux Falls, S. D., Robert said.
Then Mildred came here and got
a Government job, and the en-
gagement was terminated.
Robert come to Washington and
Mildred refused to see him.
Yesterday he went to her board
ing house, broke into her room,
and socked her in the eye. Mil
dred screamed, so he locked the
door. Police broke in and ar
rested the pugnacious swain.
Judge Gus A. Schuldt in Police
Court sentenced Robert to so days.
The Washington times., 1934-08-28
Bank Bag Is Clue
: To Truck HOldup

BOSTON. Aug. % G.N.SD.-A
possible clue to the $427,00O ar
mored truck robbery in Brooklyn,
N. Y, was discovered yesterday in
Duxbury when a State trooper dis
covered a bag marked Return to
the Federal Reserve Bank of
N. Y" according to a message
flashed over the police teletype
system.
1t was thought likely that the
bag contained part of the loot OBJ
tanned by the audaciouS daylight
robbers, who, Brooklyn police be-
1ieved, made their escape at sea.
Duxbury is small town on the
Massachusetts, South Shore, just
above Plymouth, and across Cape
Cod Bay from Provincetown.
The Washington times., 1934-08-28
SUIT DEMANDS
ACCOUNTING
Of ASSETS
DefunCt District National Is
Chosen to Try Out Effect
OF Changed Strategy
By EUGENE A. KELLY

Stockholders in closed banks
here we're preparing today to fight
their assessments along new
fronts and by a different strategy.
A bill demanding an accounting
of the assets Of the defunct Dis
trict National Bank is being pre-
pared, and is expected to be filed
in District Supreme Court this
week.
Brought in the name of one Of
the stockholders, the bill charges
that a proper accounting Of the
assets of the closed institution
would reveal that there is Sutfi-
cient money on hand, not only to
satisfy the depositors, but also to
eliminate the hardships Of assess
mentS.
Million Assessed
Stockholders of the District
National Bank recently we're as
sessed $1,000,00O by the Comp
troller of the Currency. Those
assessed have until November Is
to liquidate their Indebtedness
The first installment on the col
lection was due two weeks ago.
The suit now being prepared by
Attorney John w. StaggerS names
the Comptroller of the Currency
as defendant. 1t charges tnat
Treasury officials ordered the rea!
estate holdings and investments OF
banks to be marked down.
Prior to the Presidents banking
holiday it had been the custom OF
bank examiners to appralse the
holdings of a bank at their book
value rather than at their market
value, the bill states. 1t was this
mark-down on the banks holdings
that resulted in the collapse OF
the District National Bank, the
bill charges. 1t is further alleged
in the suit that at the time OF the
bank moratorium there was a sur
plus in the bank of $500, 900.
Collections Small
Mr.. Staggers charged today that
only 16 per cent of the assessments
levied against the stockholders IN
closed banks ever was collected
by the receivers, and that there
fore the depositors in the banks
will benefit little from the recent
assessments.
A suit asking an injunction to
prevent Treasury officials from
levying the assessments against
the stockholders in the District
National Bank already has been
filed. This first suit also asks an
accounting of the profits made by
the transfer Of the prime assets
from the National Bank to the
Hamilton Bank.
Although officials of the Treas
Nry Department refuse to comment
on the matter, it is believed in au-
thoritative circles that not more
than so per cent of the first in
stallment on the recent assess
ments has been collected by the
receivers.
The Washington times., 1934-08-28
ENEMY TAKES
COAST TOWNS
BY International News Service

by InteFnaIIOnaI news service
With the imaginary enemy"
meeting little resistance in its
sudden invasion" of the Atlantic
seaboard. the American Army
high command today completed
plans for the theoretical imme-
diate evacuation of Atlantic City,
Barnegat, Asbury Park, Cape May
and other shore towns.
Meanwhile, the large enemy"
fleet assembled off the New Jer-
sey coast was supposed to be
landing troops day and night pre-
paratory to an inland drive
against Philadelphia and New
York.
Caught unawares, the Army
high command ordered concentra.
ton of the First and Second
armies, and troops we're being
rushed to the New Jersey front"
to stem the BLACK" invasion.
The Washington times., 1934-08-28
Police Seeking Kin
Of Stricken Man

Police today were asked to To-
cate relatives of George Nichols,
"A, of 700 block D st. S. w., a
retired employe Of the Bureau OF
Engraving and Printing, who is in
a serious condition at Gallinger
Hospital. Mr.. Nichols, who is snt.
fering from a cerebral hem
morage, has a wife and two sons
living in the city.
The Washington times., 1934-08-28
NEW MEDICAL DEVICE

BOSTON, G.N.SD "A new blood
pressure testing appartus, the
arteriomanometer, increasing the
loudness of pulse sounds, has been
invented by George B. Emerson OF
the Boston University's Depart
ment of Student Health and Phys
iCal Education.
The Washington times., 1934-08-28
HEAT SPOILS MASH

PITT URG, KaS. GN.sO.
Even the bootleggers around these
parts are complaining bitterly of
the intense heat. Federal agents
returning from recent raids state
the bootleggers are kicking that
the heat, which brought the mer.
curry up past the century mark,
spoils their liquor mash, turning
it into vinegar.
The Washington times., 1934-08-28
Short Line Roads
Join Freight Plea
BY International News Service

BY Internat1OnaI News SerVlce
The American Short Line Rail
road Association today asked the
Interstate Commerce Commission
for permission to join with Class
l roads in asking for an increase
in freight rates.
The petition said ST per cent
of the associations membership
will fail to earn their operating
expenses and taxes this year.
while 80 per cent will fail to earn
their fixed charges.
The Washington times., 1934-08-28
PRES|DENTTOLD
REICH STATUS

CONTINUED from Page y
teriaIs. Hitler is doing his best
to improve the situation, but it
is admittedly bad"
SAW HITLER
Prof. Pearson talked to Hitler
during his trip, and with other
European high officials also. He
said business was steadily pick
ing up in Soviet Russia, and
added:
II attribute the steady growth
of business in that country in
the last two years to the fact
that Russia is becoming more
like ourselves "a democratic
government"
For Sweden the savant hao
nothing but praise. He pointed
out to Mr.. Roosevelt that Sweden
has had long-range economic plan
ming for years.
President Roosevelt was pre-
pared to receive another caller
Governor Herbert H. Lehman Of
New York.
OStensibly, the President and
the Empire States executive were
to talk as two old friends. but there
was no doubt but that the subject
of politics would come up.
Later this week, the real White
House routine will be picked up
when officials of the New Deal
will be here for conferences. Re
lief Administrator Harry Hopkins
will arrive Friday afternoon.
The Washington times., 1934-08-28
SCHOOL TO OPEN

st. Charles parochial school,
Clarendon. Va. will open for the
fall term September 10, the Rev.
j. A. Curran, pastor of st. Charles
Catholic Church, announced today.
The Washington times., 1934-08-28
TEACHERS INSTITUTE

DENTON, Md, Aug. 28.-Pre-
paratory to the opening of schools
here, a teachers institute will be
held at Caroline High School Fri
day morning.
The Washington times., 1934-08-28
HEALTH BODY MEETS

The Joint Health Committee for
Colored People met at the Ma
tional Training School last night.
DR.. Iona Whipper is chairman and
WoolseY W. Hall is secretary.
The Washington times., 1934-08-28

World-w d e reception
with this inexpensive
PHILCO, too! Latest
features in a hand
some modern cabinet.
Ideal apartment size.
The Washington times., 1934-04-04
Copyright. 1884, by Universal

VCOpyFighT, 1881, BY UnlVeFSaI
Service, Inc.)
LONDON, April 4.-The Brit
ish government is attentively
awaiting information regarding
the attitude of the United States
on the question of economic
sanctions as part of the ma
chinery to enforce a disarmament
convention. simultaneously, ne
The Washington times., 1934-04-04
PRESIDENT NOT
Ill, ELLIOTT
DECLARES
Son, Back From Yacht, Says
Father Is Just Beginning
to Enjoy His Trip

Elliott Roosevelt, the second
son Of the President and Mrs.
Roosevelt, will arrive at the
White House late this afternoon
for a brief visit with his mother.
Elliott is flying up from Miami,
Fla.
The Washington times., 1934-04-04
HOUSE BANKING
GROUP ACTION
IMMINENT
Measure to Free More Than
Billion in Closed Banks
Wins Wide Support

Forced once more to postpone
O meeting scheduled for con-
sideration of the Mcleod bank
relief bill, the RFC subcommittee
Of the House Banking and Cur
rency Committee today was asked
by it's chairman, Representative
Aiming S. Prall CD of New
York to convene early tomorrow.
= Today's meeting was postponed,
as was yesterdays, when the full
banking committee went into exec
utive session for consideration
Of other monetary bills.
Delayed yesterday by other
monetary legislation, the Mcleod
bank relief bill is expected to
emerge from the House Banking
and Currency Committee today
bearing the endorsement of Re-
publicRns and Democrats alike.
A melting Of the RFC subcom-
mittee of the banking committee
was scheduled to dispose Of the
bill yesterday, but the session
was postponed until today when
the full committee was called to-
gether by Henry B. Steagall Cd
of Alabama to consider other
bills pending.
Central Receiving House
The Mcleod measure is that
introduced by Representative Clar-
ence j. Mcleod (R0 Of Michigan
last February. It makes the RFC
q central receiving house for all
closed national and a limited num-
ber Of State banks.
BY purchasing assets of the
closed banks the RFC would be
able under terms of the bill to pay
off depositors 100 per cent, dis
posing Of the assets over a 10-year
period.
. Since its introduction the meas
ure has won increasing support
from both sides Of the House, and
in the Senate where a companion
bill was introduced by Senator Ell
mer Thomas CD of Oklahoma.
Every mail reaching the Capt.
tol, too, has brought hundreds Of
messages from impoverished bank
depositors throughout the coun-
try, while a petition circulated by
Mr.. Mcleod has already been
signed by 10000 persons.
Approved by Rep. Kelly
One of the latest congressman
to voice enthusiastic support of
the bin is Representative Clyde
Kelly RO of Pennsylvania, who
says:
81 believe the Mcleod bill
should be enacted without de-
lay. Assets Of the closed banks
will provide ample security for
the payments made, once nor
NAL values are restored.
Payments to depOSitOrs, fur
thermOre, will help greatly to
restore sound values, while
forced liquidation now by re-
ceiverS will Still further deflate
the value Of all forms Of prop
erty."
The Washington times., 1934-04-04

Above shows the airline routes at the time the air mail
contracts Of all domestic lines cancelled by presidential or
below the lines laid for routes for
Office Department has advertised for temporary
threemonh bids will be opened April TO- unless Con-
gress passes permanent pending in which
indicated Office the bids for
temporary service
chief Of contention between critics Of the
present temporary air mail seup and Post Office officials the
from Jacksonville Fla Chicago At the time the
Air Transport Company
flying the mail from Miami to Atlanta and thence to
specifications drawn for the temporary
they must take the whole route from Jacksonville
to Chicago if they successful in their bid.
contended critics Of the temporary setup that exten
line from Atlanta to Chicago will work hardship
since they not
pared or equipped operate in that section
subStanaon of their charges Of favoism critics
that If Eastern Air is to regain is territory
The Washington times., 1934-04-04
Z CORD FRIENDS
CITED BYF|SH
Continued from Page y

CONTINUED from Page y
over the other two companies
since these two companies have
more planes and facilities"
Post Office authorities today
admitted that specifications for
the "flivver" type Of plane. in
which. according to Mr.. Fish. the
Cord Corporation is not only in
terested but has a monopoly, were
drawn up by Mr.. Vidal.
Deny Evans Involved
They denied, however, that Mr..
Evans ever had talked about air
mail contracts since his appoint
ment. Harllee Branch, Second
Assistant Postmaster General in
charge of air mail contracts, said
Mr.. Evans knew no more about
the air mail contract controversy
than the reporter who questioned
him.
Mr.. Fish said he was in favor of
the Kelly bill introduced in the
House yesterday which would re-
turn the air mail contracts to the
companies holding them at the
time of cancellation. He said
passage Of this bin would do away
with the awarding of temporary
air mail contracts.
Party Gifts PrObed
The New Yorker also stated that
he is conducting a private investi-
cation into reports that have
reached him that E. L. Cord was a
heavy contributor to the Demo
cratic campaign fund Of 1882.
The Representative added:
ever since cancellation Of the
air mail contracts the Admins
tratiOn has proceeded from one
blunder to another. Mr.. Farley'S
decision for temporary contracts
resulted in a unanimous cry Of
favOritism on the part Of the
Administration on behalf Of the
American Always.
'Tt is an undeniabIe fact that
o number Of aviation friends Of
e. L. Cord have been placed in
important positions in the GOv-
eminent where they are able to
dictate air mail policies. I Spe.
eiflcAIly mention the names Or
GMkO1O Vidal and SjTlilaa1
The Washington times., 1934-04-04

from Newark to Atlanta they must also bid for the route
Atlanta Orleans other words the Newarkto
advertised route whereas before
be comparison Of the
Arways other hand critics assert getting
the breaks" has already established itself from New
Orleans Atlanta is thereby in better position to bid
for the entire route
Office officials however, point out that the American
Arways subsidiary Corporation being deprived
under the sup of one Of its best runs namely that from
Angeles top shows that at the
cancellation American Arways had this route while the
shows the route been struck out under the
Setup.
Other important changes made in the air mail routes include
dropping long connecting Fargo, D. with Spokane,
at the time of cancellation flown by the
Northwest Airways.
Assistant Postmaster General in charge
air mail contracts declares the lines laid out by the
the Office Department and that the
changes made to make air mail lines more direct
The Washington times., 1934-04-04
D. c. RULE HIT.
BY BR|TTEN
Continued from Page y

Continued from Page y
unloaded practically all, if not all,
of this labor and activity upon the
Commissioners of the District or
upon some proper authority which
might be designated by Congress,
is something hard to comprehend.
have never been able to under
stand why the time of 435 mem.
bers should be taken up in the es-
tabliShment of a new school, a
new bridge, the opening up of a
new street, or the extension of an
old one, the question of universal
street car transfers, the widening
of certain streets and other mat
ters of equal unimportance.
"Slow. inefficient"
All of this, and practically every
other duty which comes under the
House District Committee, could
be reasonably delegated to the Dis
trict Commissioners, and by them
to their proper departmental ac-
tivity.
If the Commissioners failed
properly to do their duty, they
could be discharged and others ap-
pointed to their places. ..-
The present method Of legislat-
ing for the District is slow, costly,
cumbersome, inefficient, unfair
to the people of washington and
to my mind, thoroughly ridiculous.
Another article by Representa-
tive Britten will appear exclu
sively in The Washington Times
tOmOrrOW.