davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-03-08
UNFOLDING OUR FAITH

A FAIR sample Of the queer things that are
L done in the name of censorship was pro-
vidsd the other day by the Ohio board Of
movie censors.
These functionaries had to pass on
movie in which district attorney Quashes
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-03-08
DAILY THOUGHT

But the tongue can no man tame:
1t Is an unruly evil, full of deadly
poiSon.-James 3:8.
ME are disguised by gossip yet
w it Is Of Importance to keep
the angels In their proprieties.---
Emerson.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-03-08
WAR PROFITEERS CON-
DEMNED FOR ATTITUDE
By W. H. Richards.

By W. H. Richards.
What is the matter with this
cock-eyed world? Has everybody
gone crazy, or have all nations only
selected the worst nuts 10 rule?
AnTbodg with half ina sansE es Ga
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-03-08

A thorough scientific study at least reveals
the fact that men are the weaker sex-as
though women never knew lei
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-03-08
The Message Center

(Times readers are inUited to cypress
their Uies0s in these columns. Make your
letters short, so all can haze chance.
Limit them to ESQ g0ords or 1ess.)
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-03-08

Jura SUNNI imperii, the rights of
the sovereign people, must in all
matters prevail.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-03-08

eNAH~G aF+t%
Mem bers Of United Press,
Scripps Howard Newspaper
Alliance. Newspaper Enter
prise Association. Newspaper
Information Service and Au-
dit Bureau Of Calculations.
Owned and published daily
Except sunday by The In
dianapOls Times Publishing
Company. 21f-Z20 West Mary
land street. indianapolis. Ind.
Price IN Marion county. 2
cents copy; elsewhere. 3
cents-delivered by carrier. II
cents a week. Mall subscrip-
ton rates in Indiana, So
year; outside Of Indiana, 65
cents a month.
r-4.s7S.sR
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-03-08

Give Light and the
People WHl Find
Thetr OCn Way
The Washington times., 1934-03-17
U.S. STEEL WINS
LABOR VOTES

Details of the vote on a revised
employees representation plan in
the subsidiaries Of the United
States Steel Corporation show the
proposal was overwhelmingly
adopted, according to Iron Age.
The votes in favor of the plan
were: Nine plants of Carnegie
Steel Co. 1882 against 6,985; 16
plants of American Sheet & Tin
Plate Co. 1906 against 6,562;
three plants Of National Tube Co.
10,148 against 2,578; 20 plants of
American Steel & Wire Co. 12,841
against 1920; three units Of
Illinois Steel Co. 9,122 against
$500; three units of the American
Bridge Co. 1856 against 461.
Fifteen of the 16 units in
Tennessee Coal, Iron & Railroad
Co. voted in favor Of the plan,
the one exception being the shops
and maintenance of way depart
ment of the trainmen's division.
The total vote of all units was
$3.50 in favor and 1929 against.
Seven of eight other subsidiary
units voted in favor of the new
plan by substantial majorities, an
exception being Michigan Lime
stone g. Chemical Co., where it
was rejected by a vote Of 1877
to 1876.
The Washington times., 1934-03-17
Activity in the breweries will be
a big thing for the st. Paul.
Petroleum Corp.
Resumes PAYMENTS

BY International News Service
Petroleum Corporation directors
has declared a dividend of so
cents a share on the common
stock, the first payment since
June 1, 1881, when Is cents was
diSbursed.
This action reflected the recent
payment of a dividend of %
cents a share by Consolidated Oil
Corporation. Petroleum Corpora.
ton is a holding company for oil
securities. and its biggest single
interest is 100000 shares Con.
solidated Oil.
Net income from January / to
March 81 at more than % cents
a share. Directors stated that
the difference for the dividend
payment was taken in part out
Of accumulated net earnings. In
view of this, the statement added,
further dividend consideration
this year was not anticipated
until the fall.
The Washington times., 1934-03-17
Youngstown Steel
OutDut Holds Firm

Steel output in the Youngstown
district holds firmly on a Sc per
cent basis at midweek while fin
ished output is higher than a week
ago.
Scattered gains in finishing mill
operations continue to reflect the
gain in steel bookings. An order
for $4,000 steel car doors for the
Pennsylvania Railroad has been
awarded to the Youngstown Steel
Door Co., giving 100 men three
months work and calling for more
than 1000 tons Of steel to be fur
nished by Youngstown Sheet &
Tube Co.
Other orders for railroad steel
are benefiting valley rolling sched-
ules, offsetting a dip in automo-
bile steel specifications.
The Washington times., 1934-03-17
Columbian Carbon
Quarter Net Rises

F. F. Curtze, president Of Co
lumbia Carbon Co., states in the
annual report that the last quarter
Of 1888 was the most profitable,
net income for that period being
76 cents a share.
Tonnage movement Of carbon
black was the largest in the
history of the company. being SO
per cent ahead of 1889 and II
per cent ahead Of 1929. In conSe-
quence of the increased volume Of
sales, accompanied by a voluntary
restriction in output, the inventory
of carbon black was reduced so
per cent, Mr.. CurtZe said:
Besides the improvement in
the carbon black outlook
natural gas sales for the first
two months Of the current year
are 22 per cent above the CORE
spending months Of 1933."
The Washington times., 1934-03-17
CHICAGO GRAINS
UP SLIGHTLY

CHICAGO, March II U.N.SO.
Grains worked fractionally higher
on scattered buying influenced by
bullish weather news and firm
ness in stocks.
Wheat and corn each advanced
about 1ac to s7B and 517sc for
the May contracts. Other grains
moved up in sympathy.
At mid session wheat and corn
were p to s4c higher, oats rs to
9sc up and rye 7s to Nc up.
The strength in corn was aided
by prospects for export outlet.
Liverpool wheat closed 1s pence
lower. Winnipeg was 1sc off at
mid session.
Estimated carlots: Wheat IS,
corn 116 and oats 8.
The Washington times., 1934-03-17
Haney Believes Strike
Move Is Mistimed

Is not a question merely Of rec
Ognizing q union, but Of recog-
nizing the union dominated by
the A. F. of L.
1t is not the old question of "col-
lective bargaining" but the ques-
ton Of what form of union shall
do the bargaining.
If there were any question Of
maintaining labor's standard Of
living against a horde of "scabs"
and wage-cutting tactics by mar
row-minded employers, I would
favor the trade union. So would
if equalized bargaining power be-
tween employer and employe were
threatened. Collective bargaining
is fair.
But I doubt that it is fair, from
the standpoint of equalized bar
gaining power, to compel the indi-
vidual company to bargain with a
national trade union. And this
doubt is emphasized by what we
know about the methods and poll
cies Of existing trade unions.
IF by peaceful persuasion an A.
F.. L. union can induce the en-
ployes Of a company to join, it
can influence the position taken
by them in bargaining with their
employer, which is fair enough.
But should they not act as an in
dependent group in dealing with
their employer or group of en-
ployers?
I fear the alternative would
be dealings between two mon.
OpOlistic groups of employers
and labOrers. This is one of the
great NRA problems. If we are
going to encourage mOnOpOlistic
price-fixing employer groups, we
must expect mOnopolistic labor
groups. The A. F. L. will grow
as NRA grows. And the bulk
of us consumers would hold the
bag.
The Administration Is in tick
l1sh position. 1t has encouraged
the national trade unions, and
these have the political power
which attaches to the votes of an
organized minority. But the rest
of us want peace, production, and
employment. Since the motor in
dustry is maintaining a high
standard Of wages and hours,
think the Administration must de-
eide to take an impartial stand in
this Crisis.
Under present circumstances
hat should mean no strike.
The Washington times., 1934-03-17
MOUNTS
FOR CHAINS

Business of the important chain
store and mail order houses has
continued to gather added mo-
mentum since the beginning Of
March and indications are that
the months sales totals will pre-
sent some sensational advances.
On the whole, it is likely that
volume will represent the largest
gains in dollars as we'll as per
centages in a number of years.
Contributing to this showing
are a number of factors. In ad-
dition to the reviving purchasing
power of the public, resulting from
the betterment of general eco
nomic conditions, these include
advancing retail prices, an early
Easter shopping season, a five
Saturday month, compared with
four Saturdays in March, 1888,
and the fact that the current
months comparison will be made
with a March last year that in
cluded the banking holiday and
represented the lower point Of
the depression for merchandisers.
A particularly healthy indica-
ton of multiple store merchandise
ing during recent months has
been the comeback" Of grocery
retailers. During the recovery
period of the latter part Of 1888,
this type of merchandising Jagged
behind other claSsificationS.
Since the beginning of the cur
rent year, however, a turn for the
better has been most noticeable,
practically all of the important
concerns in the field reporting
substantial and increasing monthly
sales gains.
The Washington times., 1934-03-17
Business Ne1us
Spotlight

Operations Of the United
States Rubber Company during
the second half Of the year
were conducted on q profitable
basis for the first time in any
six-mOnth period since 1929. ..
For the first time in 10 years,
the passenger business Of the
Norfolk & Western Railway is
increasing, and officials Of the
road are expecting q further
substantial increase. Business
Of the important chain store
and mail order houses has con-
tinued to gather added mOmen-
tum since the beginning of
March and indications are that
the months sales totals will
present some sensational ad-
vanceS. Remington NOiSeless
Typewriter COmpany'S plant at
MiddletOwn, division Of Rem
ingtOn Rand, is adding 400 en-
plOyes and will operate 40 hours
weekly with three eight-hOur
shifts each. Company win be
employing 1000 workmen.
The Washington times., 1934-03-17
CURB DEALINGS
MIXED, DULL

NEW YORK, March II Q.N.S).
The curb market was an irregu.
lar trading affair in dull week
end dealings today, with demand
for a selected handful Of issues
offsetting backwardness of the
main body of stocks.
The Volatile Safety Car and
Heating was the days outstand'
ing feature, soaring 6A points
to 771a. National Bellas Hess
was taken in large volume in
the loW-priced classification, al
though it was up but oneeighth
at 33s, new high.
Alcohol shares gave a relatively
favorable group performance,
with Brown Forman up one-halt
to a new high since listing at
21A.
Utilities were irregular. Com
monwealth Edison stood out with
a gain of a point at Sc. American
Gas & Electric sagged u point to
1874.
Oils held around previous clos
ings, with Standard of Kentucky
edging up "a to 1874, and un-
changed levels the rule in
Standard of Indiana and Interna-
tional Petroleum.
Metal shares were in fair de-
mand. The Cities Service issues
were in steady supply.
Utility bonds were irregularly
lower, with the Electric Power &
Light SIS off 12 point at 4012.
The Washington times., 1934-03-17
LARGER WHEAT
GUT .FORESEEN
lHighI Low IcloY

Unless Secretary Of Agriculture
Wallace takes further action to-
wards reducing this country'S
wheat acreage for the 1884 crop.
there is every reason to believe
that the United States will not
fulfill it's pledge Of a IS per cent
acreage reduction from the $780,
1882 average, as promised at Lon
don last August.
Moreover, under present con-
ditions with average growing
weather until harvest time the
total domestic output Of wheat
would probably run close to 720,-
100000 bushels. or between 50,-
100000 to 100,0O0,0O0 over home
requirements.
These conclusions are fur
thered by publication Of the De-
partment Of Agriculture's report
on March / on farmers 1nten-
tions to plant spring wheat.
The department reports farm
ers' Intentions to plant in 1884
in percentage of acreage grown
for harvest in 1858, based on re-
turns of approximately $1,000
producers, who stated their in
tentions ; of March / as fol-
lows: Corn, 9O.1 per cent; duru1n
wheat, 93.3 per cent; other spring
wheat, 981 per cent; all spring
wheat, 97.5 per cent; oats, 1857
per cent; barley, 117.6 per cent:
flaxseed, 1915 per cent; rice,
96.1 per cent: grain sorghumS,
1914 per cent; potatoes. 1919
per cent; tobacco, 74.4 per cent:
taYoa hav Inn neT. cent
The Washington times., 1934-03-17
COTTON LOWER
At CLOSING

NEW YORK, March II GN.S0.
Cotton futures turned easier at
the finish today and dropped un-
der the previous close after hold
ing IS cents a bale higher through
most Of the day. Selling came
from South and from spot firms,
while there was some scattered
liquidation from professional trad
ers. Demand was limited to rou-
tine price fixing for the domestic
trade.
Final prices were off one to
three points, with March off 2 at
1904, May off 2 at 1918. July off
/ at 1924, October off 3 at 1896,
December off at 12.47, and Janu-
ary off 3 at 1882.
The Washington times., 1934-03-17
Canadian Crude Oil
Production Climbs

Canadian crude oil production
in January totaled 124,425 barrels,
the highest monthly production
since June. 1881, comparing with
1857 barrels in December and
82,788 barrels in January, 1888,
according to the Dominion Bureau
of Statistics.
Crude petroleum imports in
January totaled 57,602, ,568 gallons,
including 43,568,722 from United
States, S,30a, 726 from Peru. and
Rx2A A1e0 Ercm cnlomhlas
The Washington times., 1934-03-17

employers in such a case will be
most desirous of avoiding a tie-up
and will thus be more apt to
make concessions.
But it is well known that few
strikes succeed unless they are
backed by a sympathetic public
opinion, and just now most people
are not going to welcome any
more trouble.
The automobile industry has
been the leader in recent i'm
provement, and it is with some
thing like dismay that we see it
about to be shut down by a great
strike.
Furthermore, there appears to
be no question of unfair wages OF
hours or working conditions in
volved in the matter. No oppres
sion of labor is alleged in this
case. Thus public sympathy will
be difficult to arouse.
In much the same way that
many are questioning the wisdom
of injecting "social reforms" into
our efforts to, provide immediate
relief and to hasten business re-
covery, many will now question the
timeliness of the American FEEDER
alton of Labor's campaign to ex-
tend It's Jurisdiction over all la
borers.
The sole issue, as 1 UNDER
stand it, is the right Of a ma
tiOnal trade union organization
to compel individual corpora
tiOns to deal with it instead of
with local company unions" not
affiliated with the national. 1t
The Washington times., 1934-03-17
Governments Turn
To 'RighP Forecast

BOSTON, March 1.-THE Ad-
miniStration has no intentions to
nationalize all industries as in
Russia and run them for the
benefit Of labor without profit,
says the United Business Serv-
ice in it's current report.
In the present program Of bust
ness rehabilitation, ideas oof social
reform must yield to practical
economics. It seems likely. there
fore, that there will be a turn
to the right" in Administration
policies, a weakening of the pres
sure for wage advances, and .
dHication Of measures that
EA t0EHoE&
The Washington times., 1934-03-17
MONEY MARKETS

NEW YORK, March II S.).-CaN
money was held over today at 1 per
cent on the stock exchange and IN per
cent on the curb
Time money rates were unchanged at
z Of 1 per cent for all maturities.
Commercial paper rates were un-
changed at 1 to IL per cent.
Bankers acceptances were fairly quiet
with the rates unchanged at y to 4
per cent for 80, so and 30 days y to Is
per cent for 12O DAYS.
The Washington times., 1934-03-17
MARKET WATTS
STR|KESTORM
CLEARING
BY WALL STREET SPECTATOR

NEW YORK, March II G.N.SO.
The market stuck it's head out of
the storm cellar in which it took
refuge on Thursday, but didn't
seem particularly anxious to come
into the open. The news regard
ing the strike situation was a
little less threatening, but is far
from settled. Until this is out Of
the way traders aren't going to
fall all over themselves to do any
buying.
Current indications are that the
market will have to get going next
week if there is to be any major
spring rise.
The auto labor situation should
be clarified by then, and the re-
vised market bill will come out Of
the Treasury's rewriting. Assum-
ing these are favorable and busi-
ness suffers no important relapse,
stocks could easily work ahead up
to Easter in view of the steady i'm
provement in the technical posi-
ton after the selling of the last
month. If no advance takes place
soon, there is likely to be more i'm
portant selling than has been so
far.
What is described as conserva-
tive money bought some stocks on
the current weakness.
Spring must be here. Some of
the boys are talking the beer
stocks. The curious part is that
none Of the traders made any
money in them despite the splurge
last year. The big ones are pri-
vately owned, anyway. Trouble is
that some secondary distribution
in the beer issues is still under
stood to be going on. This means
that statesmen and dealers are
trying to dispose of stocks the
original underwriters couldn't find
market for last year.
Activity in the breweries will be
big thing for the st. Paul.
For a while last year this road
was handling 100 cars of beer a
day, exclusive of accessories. Some
Of these merchandising issues, a
number of them bankrupt, have
made an amazing recovery in the
last few months. This testifieS to
the reversal in the retail business.
Delay in announcing the new Ar
mour & Company reorganization
plan is due to the fact that Fred
erick H. Prince is abroad. He has
the big say-so now,
The Washington times., 1934-03-17
MaLayan Rubber
Stores Increase

Estimated dealers stocks Of
crude rubber, dry weight, at
Singapore, Penang and other
Malayar. points on February 26
were 44.503 tons compared with
42,329 on January 81 and 2s,622
on February %, 1888.
Port stocks at the end Of
February were SOFT tons com
pared with 9,09S a month cartier
and 5,732 on February 2S, 1889.
The Washington times., 1934-03-17
Oldest Bank Plans
Bonus to Employees
BY International News Service

BY mVeFhaLlOHW NeWB SeEVIO0
Plans to pay employees half
a months salary as a bonus in
connection with celebration Of the
Bank of New York and Trusts
150th anniversary are reported.
The bank, founded on March
IS, 1884, is the oldest in New
York city and the oldest in the
United States preserving its
original identity.
The Washington times., 1934-03-17
FelU Construction
Calls for GVpSIIna

Little or no private capital Is
going into the type Of construc-
ton for which U. S. Gypsum sup
plies materials, and officials do
not expect any material increase
in home building in the near fu-
ture, Seweu L. Avery, president,
reports.
AS in 1888, the largest portion
Of the company's current business
consists of contracts for Govern
ment work.
The Washington times., 1934-03-17
Union Tank Car Co.
Net Edrnin0s Rise

BY International News Service
Union Tank Car net income in
1888 was $1,193,716, equal to SO
cents a share. compared with
$1,055,826, or "a cents a share,
in 1882.
Current assets at the close Of
1888 were $10,914.161 and cur
rent liabilities $685., ,Ss2, against
$l4,24l.941 end $3O4. .33A rOsp0A
EEe1AN& GaaA RaI8HA
The Washington times., 1934-03-17

GRAFTON OF LABOR
as being well
timed.
Of course, it
is we'll timed
from the labor
org a n ize S
point of view.
He is following
t h e u S u a !
S t r a t e gy Of
organized labor
in picking an
industry and a
time when eX-
pansion is un-
der way. The
idea. is that the
The Washington times., 1934-03-17
General Baking Co.
Sales Up 27 Per Cent

General Baking Co. reports
sales for the first ten weeks of
1894 show an increase of 81 per
cent, compared with the CORE
spending period Of a year ago.
The company has increased its
cash Of $3,551,12S at the close Of
1888 to $4,046,291 on March 10.
The Washington times., 1934-03-17
OHIO EMPLOYMENT UP

Employment in Ohio during
February increased ST. per cent
to the highest point since May,
1881. All the II groups of man.
ufacturing industries showed en-
ployment increases with the
larger gains recorded in the au-
tomobile, automobile parts and
glass products industries, accord
ing to a survey by the bureau
Of research Of the Ohi5 State
University.
The Washington times., 1934-03-17
United Biscuit Co.
Tits 1888 Profits

United Biscuit Co. of America
and subsidiaries in report for year
ended December 81, 1888, certified
by independent auditors, shows
net profit of $1,014,802 after de-
probation, interest, Federal taxes,
etc., equivalent after Z per cent
preferred dividends, to- $2.03 a
share on 450,325 no-par shares Of
common stock.
This Snpares with $908,357 or
$1.79 a common share in 1882.
The Washington times., 1934-03-17
S':a; :is4!:s:S 5;;:s''' N. Y. Bond Quotations

NEW YORK, March II QN.S0.
Continued demand for U. S. Gov
ernments and acute weakness in
German obligations were the high
lights of a generally irregular
bond market today.
Buying Of Federal liens was per-
sistent in character, with the
Treasury 31ss in the van with a
gain of 5-32 to 100.25, Treasury
334s rose 4-32 to los and Treasury
n4Rs of As was up 3-32 at 1926.
Heavy selling in German gov
ernment and municipal bonds fol-
lowed the speech of Reichsbank
President Shacht calling for
further writing down of Ger
many's commercial debts. The
International 51aS slumped 22s
points to new low for the year
at 515s, the external Is were down
112 at 79 and the Agricultural
Bank IS of July go, dropped 3
at So.
Rail bonds were generally lower,
with the Missouri, Kansas and
Texas adjustment SIS a weak
feature.
Selected domestic corporation
loans showed a strong tone. Para
mount IS gained l at so, McKes-
son & Robbins 512s rose "a to
77A, and National Dairy Products
5As gained u to 80.
Investment grade issues were
mixed, with Consolidated Gas AVS
up 1s to 1904, as against a loss Of
70 in American Telephone SIS Of
'46 to 1O81s, and a dip in Atchison
general As to 1002s.
BOND MARKET AVERAGES
Copyright 1884, Standard statistics
Company
The Washington times., 1934-03-17
BY LEWIS HANEY
Professor Of Economics
New York University

It seems to me that the public
is not going to consider the re-
cent move by the American Fed
Imperial Valley press., 1934-08-22

Struck out-by Fowler 16; by
O'Brien 16; bases on balls-off
Fowler 2, off O'Brien 8; home runs
Thomas, T. Ehmke, G. Willing
ham; two-base hits-House, Her.
nandez.