davidaulloa/AmericanStories huggingface dataset:
Maryland independent. [volume] (Port Tobacco, Md.) 1874-current, 1934-07-27

be to develop a plan for the closer
cooperation Of the several factors in
our electrical pewer supply-hcth pub
lie and prlyzte-whsssby national pol,
10y 10 power Hssssss may hs unlhsa
aaa AsElslslN " KAss gsss sssssalE
Maryland independent. [volume] (Port Tobacco, Md.) 1874-current, 1934-07-27

NORTH DAKOTA was In state Of
l ' political chaos, with two men bat
ting for the governorship and the con.
troll of the state government and Ma
Maryland independent. [volume] (Port Tobacco, Md.) 1874-current, 1934-07-27

KING GEORGE Of England off,
~ clally opened the Mersey tunnel
connecting Liverpool and Birkenhead.
the largest underwater highway Of Its
kind in the world. More than half a
mile longer than the Holland tunnel
of New York, the tube under the Mer-
sey river stretches II $50 feet from the
main entrance in Birkenhead. In addl-
ton to the main tunnel. which accom-
modates four vehicles abreast there
are two-lane tributaries connecting the
docks which give the whole undertake
ing length of 15,465 feet.
The engineers responsible for the
design of the S35.50OOOO tube. chief
among whom is Sir Basil Mott, con-
cede they owe much to the experience
American engineers gained on the Hol-
land tunnel. They waited until the
American tunnel had been operated
before completing their plans for the
Mersey projects ventilation plant.
Maryland independent. [volume] (Port Tobacco, Md.) 1874-current, 1934-07-27

TAMMANY HALL has a new chief
4 tain in the person Of James ]. Dool-
ing. elected at the urgent demand Of
Postmaster General Farley. He took
his seat at the head of the once great
Democratic organization and an
nounced that he would undertake to
do two things. The first is to restore
harmony within the society by elm
mating fractional disputes; the second,
and perhaps harder task, is to change
the New York point of view toward
Tammany.
Maryland independent. [volume] (Port Tobacco, Md.) 1874-current, 1934-07-27

a Ii Germany and most of the rest
\ Of the world heard Adolf Hitler
justify his bloody purging OF the Nazi
party, involving the violent deaths Of
Maryland independent. [volume] (Port Tobacco, Md.) 1874-current, 1934-07-27

EoR several hours earthquakes shook
all Panama and Costa Rica, but the
Panama canal was unhurt. The most
serious damage was at David, Panama,
not far from the Costa Rican border.
There many buildings fell and scores
of persons were injured. Considerable
losses were sustained also at Puerto
Armuelles, the United Fruit company's
Pacific side banana headquarters. One
American soldier was killed by jump
ing from a barracks window at Fort
Davis.
Maryland independent. [volume] (Port Tobacco, Md.) 1874-current, 1934-07-27

PRESIDENTIAL SECRETARY MAR
L YIN M'1NTYRE announced that
the President had created special
committee to formulate a new fed
Maryland independent. [volume] (Port Tobacco, Md.) 1874-current, 1934-07-27

HOUSING coadltlons in the United
- States glapiy demonstrate the
need for NEW housing, Acting Secre-
tary Dickinson Of the Commerce de-
partment said IN making public results
Ut q national 'real property inventory"
now being conducted BY the Commerce
debaFgMeHl
ryissa Pss gsai u aIsshsys ass!f
Maryland independent. [volume] (Port Tobacco, Md.) 1874-current, 1934-07-27

nAYB a. vorrential rain in the
- mounts:lns of southern Poland re-
suited in raging floods that poured
through thu valleys, drowning perhaps
as many hy three hundred persons.
More than 5000 were without food
and shelter. The property loss was
tremendous, all the crops Just har-
vested being ruined.
Many popular resorts crowded by
summer vacationists were cut off.
Eighty-three camps of Boy and Girl
Scouts were evncucted, after the
youths experienced narrowing difficult.
ties.
Maryland independent. [volume] (Port Tobacco, Md.) 1874-current, 1934-07-27

CENATOR WILLIAM O. MeADOo
- of California was too fond of pol
itics and travel to suit his wife, whose
interests were In sculpture. painting
and home life. So the former Eleanor
Wilson, daughter of TIE wartime
President, went before Judge In Los
Angeles with her complaint and in
10 minutes had been granted an inter
locutory divorce decree. Mental
cruelty" was the charge. and Mrs.
McAdoo testified that the senator had
been living almost entirely in Wash
lngton for two years, and that Il was
impossible for her to reside In the
National Capital because the climate
there was injurious to her health.
Senator MeAdoo did not contest the
divorce, and there was a property set
Element the details of which were not
made publh:. The custody of the two
children veg vested in both parents.
1t was revMaled that the McAdoos have
been separated since last December.
The Fort Peck press., 1934-09-13
Martinsville

VIM. Martin has started a dairy
and true garden on his wife's
homestead 3 miles below the dam
and he calls his town MartinsVille
He raised 80 tons of grain hay this
year and has 2,OC0 bushels of spuds
to sell from his Harlem farm and
makes deliveries every 10 days
Mr.. Martin visited Fl. Peck last
Friday in the interest of his new
toWnslte. He expects to get a
school as there are 20 school chill
drea at present in his town. Mr.
artin has coal, milk, and spuds
to sell at his town, and also plenty
of the finest water in the world
and shade. He will rent you a
lot at regular prices for business
or residence.
The Fort Peck press., 1934-09-13
ARKDALE
Sept. g..

Sept. 6.
Mr. and Mrs H. L. Carr of Cow
Creek visited the Lou Carr home
last week end.
Mr. and Mr. Sparlin's we're called
to Bozeman Monday to attend Mr..
Sparlin's fathers funeral.
Mrs Dave Ruccoff has been i'll
the past three days with influenza.
Mr. and Mrs Art Lowery were
business visitors in Glasgow. Tues.
James L. Waters, State Board OF
Health inspector Of Helena, Mont.
has posted notices to the effect that
he will give typhoid vaccination
in the near future.
Archis Lowery's foot is improv-
ing rapidly. He is able to be on
the job going about or clutches.
The Fort Peck press., 1934-09-13
New Deal


CSpt.
Mrs VIM. HaWOrth gave a sur
prise dinner Aug. Is III honor of her
husbands birthday anniversary.
Those present were: Mr. and Mrs
E. P. Wirch, Mr. and Mrs Fay Jones,
Mr. and Mrs Eldred James, Mr. and
Mrs E [. Mitchell, and Mr. and Mrs
VIM. Haworth.
Mr. and Mrs Eldred James left
Friday for Paradise, Montana for a
visit with relatives.
Mr. and Mrs Barney Kizer NOV
ed their house Friday to a new To-
cation in the New Deal.
Mr. and Mrs Leon Ross and son
were Saturday callers at the E. l..
Mitchell home.
Ben Wirch of GLASGOW spent Sun
day az the home of his bother, E.
P. Wirch. He returned to Glasgow
in the evening in an aeroplane.
MI and Mrs VIM. Haworth. E. L.
Mitchell, and Bonnie Wirch we're
among those who took aeroplane
rides over the Fort Peck Project
Sunday afternoon.
Mr. and Mrs Fay Jones attended
the show in Glasgow Sunday.
Mr. and Mrs Lou Thompson and
daughter Arlene & Norris Ophiem
of Ophiem, were callers here Tues
day Morning.
New wash frocks 81 at Keef's,
New Deal.
Miss Helen Keefe left Monday
morning for Ophiem to visit
friends.
The store with the orange front
opened Monday morning for bust
ness in New Deal. They have
general merchandise and meats.
The new proprietors are Liudahl &
Henry of Lambert, Montana.
Mr. and Mrs Melvin Of Westby
and Mr. and Mrs Halver of Lam
bert, we're here Tuesday Miss
Lorna Melvin daughter Of Mr. and
Mrs Mel in, who was employed
at the Olson Drug Store. returned
home with them.
MI and Mrs Aldrich Of Ophiem
visited friends here Monday.
Mr. and Mrs Albert Bein, former
immigration officer at Scobey, call
ed on friends at New Deal, enroute
to their new home in Hare Tues.
L. L. Kelly of Ophiem visited all
former Ophiem people here Mon
Miss Laura Holyk of Scobey
arrived Sunday for a visit with
her brother John, who has the
New Deal Shoe Shop here.
Mr.. and Mrs K. Bolden & Mr. &
Mrs Carl Camrath of Opheim were
sightseerers at the dam and callers
Sunday.
The Meyer Clothing House open
ed for business this week in New
Deal. Complete new stock in mems
outfit and shoes, also staples for
children. D. j. Meyer is the prop
rietor.
Mr.. Tom Tasa of Froid is visit
ing his son Melton at New Deal
this week.
The Fort Peck press., 1934-09-13
PARK GROVE
Sept. g..

Alice Hosheid and Dorothy De-
tray were to Nashua Wed. Dorothy
registered for school there.
Ed Torkelson of Nashua has leas-
ed a lot for a pool hall IN our vicini-
ty. The building will be moved in.
Mr. and Mrs N. w. H%olnIgren of
Sidney and Miss Betker of Helena,
arrived Wednesday for an extended
visit with Lawrence Peterson and
Art Benson.
Vernon Peterson and Ward Beach
er of "Shanty Town" spent the
week end at their homes north of
Nashua.
Mr. and Mrs ]. A. Wardlow's
moved into our village last week.
Mrs Bert Lundeen arrived Sun
day after a weeks visit in Richland,
with relatives and friends.
Mrs Charles W. Snyder and daugh-
ter Edith May left for Billings, this
week.
Hans Christofferson returned Tues.
from Sidney,
Mr. and Mrs Ole Johnson and fam
lily, MI and Mrs Bliniski and fami-
ly of Hillside, Mont. spent Saturday
and Sunday visiting and sightseeing.
Mr. and Mrs Alex Innes and fami-
ly of Oowego were guests of MIR and
Mrs Art Hobbs, the first of the week.
Mrs Innes and hrs Hobbs r sisters.
MI Halvorson Of Nashua, manag-
er of the new clothing and dry goods
store in Park Grove was a business
caller here Tuesday.
Irma DeTray, Edna and Carl Mis-
son we're visitors and business call
ers in Nashua Tuesday,
Mr.. and Mrs. v, E. Greene Of
Lakeview we're callers at the Guy
Urine home, Monday evening,
The CHEVROLET Salesman from
Glasgow visited in Park Grove Tues
day.
John Lilies left for Sidney to
visit his wife and family.
Mr.. and Mrs. John Debray went
hunting sage hens Sunday. They
had to leave the car in the field
because the lights wouldn't work.
Mr.. Debray came back with a
skinned heel, minus the sage hens.
Better lnck next time is the wish
of Mr.. Yates
J. C. StulIer visited his wife in
Froid over the week end. He re-
turned Tuesday with q load Ofhogs
Scott Detray left Sunday even
ing for Culbertson for his we'll
machinery.
Mr.. and Mrs. Louis Couple and
Louis Pecora left Sunday morning
to attend the rodeo at Regina. They
returned Monday afternoon.
MIR. aud Mrs. Johnnie Fadel.
and Mr.. and Mrs. Bill DeffidinG
of Rock Springs we're sightseeing
at the dam Sunday and Monday.
Mr.. and Mrs. James B Morrison
accompanied by their sons Francis
and Richard of Modoc were guests
of Mr.. and Mrs. Wilburn Crabtree
over the week end.
MIR. and Mrs. L. D Curtin, Mr..
and Mrs. ed Christofferson and Miss
Lillian Makee attended the dance
at Horse Shoe in Nashua Labor Day
Mr.. and Mrs. John Bradstreet,
Nh. and Mrs. Savajo and son Cecil
we're business callers in Glasgow
Monday.
A white rat terrier dog, with
brown spors answering to the name
of "Gibblets" is lost. Finder please
retvrn 70 Mr.. Yates at the Black
Cat Lunch.
Happy Malatar was almost a
The Fort Peck press., 1934-09-13

victim of the Missouri river Mon
day. Mr.. Mallator was fortunate in
having Mr.. Xltes see him so under
and come to his rescue.
The Fort Peck press., 1934-09-13
Buy froma Bonded Salesman
Geo. z. BarkleY

Suits and Overcoats, Individ-
ually tailored, MINI, Wooden Goods
for all the family, Mason Shoes and
Packard Shirts.
Martinsville, Montana.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-12
Produce Markets

Delivered in Indianapolis prices: Heavy
hens. lie. LeGhorn hens. &C. coloreo
springers. l2c; old ROSTERS. SC; ducks. &C;
i5c Turkeys-No. / young hens, lbs;
over. i7c: young toms ii-l4 lbs, l5c: No.
,. crooked breasts and thin turkeys. lie;
old toms. al weights. i3c. No. strictly
fresh country run eggs. loss on. 24e.
zach fun case must weigh IS lbs. gross;
esoas q Of ies p0gnas for saeh poyNna
l. 50 sic. ButteTtst-2ec. quoted by the
Wadley Company.
BY United Press
CHICAGO Nov Potstoes-Supply
market steady. Wisconsin round whites.
So So &C; one car. me quality 81 &C. COM
mercial grade 77isc. Idaho Russets. 81. 3
81. combination grade. $3.50. COLORADO
NcClu-es. 81 90. oregon Russets oombina-
non grade 81 s2iz. Arrivals LIS. on track
sos shipments Saturday SIS, sunday 60.
Poultry- irmer. receipts - trucAs
cars Que seese. i2c: turkeys. young
CONS lSizc. old toms isc, hens. Is &C;
old ROSTERS. ioc. ducks. white. ~ los.
Up. l4c. colcrec. - lbs. Up. l4c. Springers.
hens. "a lbs. Up i4c; under. "a lbs. lie:
guinea hens. per doz-. So1ls LeSnorn
springszS I2e: LeShoTn hens. ilise: black
DAISIES. ISL ai4c. LOnrhorns. i4isGl5c.
Butter prices 20 Chicago retailers: Best
1888 score. tubs 81 32ise. PRINT. 81
S. sc. cartons. 50 54ize' 5000 1881
seorel tubs assoc prints so'se 81 ae'
CLEVELAND. Nov. 3-Butter-Msrket.
steacv. extras. SIZE. standards. sic. Eggs
Market steady. extra white. 5Sc; cur
ssnt receipts 2se ,Pgis's ,,5 S5s P2l'Flg y,
and % isc. ducks. light. lie: geese heavy
fat l4c- geese ordinary. &c. IurSeNS,
sS Sri;e lse' Potstoes-Msins. sii5SL2s a
100 % bag
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-12

News and Views in
the Business World
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-12
Other livestock
(Bv United Press

oo chicago; NOy ~ IG2a;-JH1ogs-Recsipts, 80
tive; fully steady with Friday; spots strong
s; top s6.O5: 1920 lbs. $500 go;
light lights, s4.75d5.5O; slaughter. sS;25,d
425; good packing sows, $3.50 q $50, light
G5.5O; light weight. 10000 lbs. good and
choice, $3.50 $50; medium weight, 200-250
lbs. good and choice, s5.s0q6.05; heavy
s5.9oq6 sos; packing sows. 275-55O lbs, me-
dunn and choice. s4:75d $685. slaughter
pigs: 1Oo-19o lbs, good and choiee. 1925
mercial. 1900 government; calves 5000
commercial 500 government; fed steers and
yearlings slow, unevenly steady to %
cents lower; strictly good and choice offer
ings with weight steady.
FORT WAYNE: nd 5np6d M NQy; 12:.0IHogssEE
P Ely ne SentS s5 5o 259SG rs OS
iSo-l4o lbs. s5.85; I2O-iso lbs. s335; 100
CI2 al-.. sass; rouggshss;s s475' stays So
LAFAYETTE, Ind; Nov. - Hog ~ e. mar
S. IS: 24o-2so lbs, s5S5 2so324o iPs s5d5;
30 lbs. S. So IgO-22o lbs. S.. 20; i8o-ISo
Ie $50 J7qi8o bS 81 Sac Ie9 6 5S
ioo-l40 Ibs,. s26oG4io; roughs, s5.25
down calf market. so cents lower; top. IS:
lamb market. steady 10 IS.
by Times SpeciaD
a I9HisT To- demand N2s dependa6ie for
most Slaughter classes; quality less desir-
able than week ago; market moderately
active: generally steady; most steers and
heifers of quality to sell. SO .50d4 so. few
common. 50 .25. and cutter grades down to
S225 few better finished steers and heif-
ers s5Q6: latter early TOP for $50 10.
weights bulk beef cows. 50 50d3: practical
TOD, 1925; good kinds and smooth heifer
types higher. low cutter and cutters. 81 IS
G225: most bids and early sales on sau-
sage bulls. S2.75 down: bulk beef type stock
calves. s4.5015. few. S5.25. feeder steers
mostly S3Gi calves commercial 100. in
Guiding IT'S stock calves. market steady;
bulk. better: vealsrs. S6d $50; latter only
for strictly choice; medium and lower
i42 direct; market Sc higher than satur-
TOP and bulk better. 100000 10. weights
s5s5: iso-ls5 lbs. s545: Dos lbs up. SIS 40
ls0-l7 lbs. SASS; I4o-I55 lbs s4s5; 100
1875 lbs. s3.s5. sows. $50; sheep $50. in
Guiding 100 stock ewes; generally steady
bulk medium 20 good. lambs. $500 s.
choice. ouotahle higher; bucks. discounted
and light throvouts mostly SO so; bulk fat
ewes SI50d2; stock ewes, mostly $3.50 per
head down. Receipts. Saturday. Cattle
commercial "a. government 81. calves. COM
mercial 405: hogs. ISL; sheep. u. Ship
rents Saturday. cattle. commercial 1883;
government. 20. calves. commercial. ITO.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-12
NEW DEMANDS
SEEN BLOW TO
STABLE BUDGET
Balance Held Contingent on
Pairing Appeals to One
Third or Less.
By United Press

By United Press
WASHINGTON, Nov. 12.-Pros-
poets of balancing the budget in
the next fiscal year were regarded
in government circles today as virtu-
ally nil, unless congressional ap-
preparation demands are kept to
one-third or less of the amounts
to be sought in legislation next
session.
This likelihood became clearly
evident after examination of pres
ent government Expenditures and
the new requests for funds bound
to be made by blocs in the next
congress.
1t was pointed out that for the
present year the government al
ready was running ST 100000, 900 be-
hind current revenues with two
thirds Of the fiscal year ahead.
Revenue to Rise
While some increase in revenue
through new taxes and larger re-
turns from present tax sources
might result, especially with con-
tinued pickup in business, these
funds would finance only small
percentage of the demands which
will be made, it was shown.
Appropriations for normal gov
eminent activities and relief are ex-
pected to be about the same as this
yeal or between six and seven billion
dollars.
On top of this various senators
and congressman will seek congress
sional approval of plans to spend
from anything upwards of $10,OO0,-
00o, 900 more. Unless virtually all
these projects are defeated, the bud
get is bound to be more out of gear
than at any time since the onset of
depression officials said.
Some Demands Listed
Some of the larger of these de-
mands are expected to be $2,000,-
100000 or more for cash payment
of the bonus, $5,000000,0O0 for pub
lie works, $2,000,CO0,000 for expand
ed aid to rural and city home own
ers, various waterways and harbor
projects including the st. Lawrence
waterway and additions to the IVA
totalling approximately $1,000,-
100000
Other congressman are returning
to Washington with various schemes
for which they will ask sums rang
ing from 100000 to $25O,OOO, 600.
Despite the great number of de-
mands for treasury funds, it was
pointed out that this was by no
means unusual. Congress annually
is asked to appropriate many times
the amount which finally goes into
the budget.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-12

pie were disheartened by the ap-
parent vote of confidence given to
President Roosevelt and his New
Deal, while some contended that the
vote was a highly favorable develop
ment. The latter argued that since
Mr.. Roosevelt was more firmly in
the saddle than ever, he would be
better able to ride herd on the in
surgentS in congress.
That United States government
bonds were lower appeared to sup
port the imitation theory, although
even that could not be regarded as
being alright. 1t is rather obvious
that the government will be forced
to sell a considerable amount more
Of bonds, and if business continues
to improve the banks may be in
clined to put their surplus funds in
trade paper rather than in govern
ment securities.
THEN, too, there were those who
i thought the jump in stock and
commodity prices here was due to
anticipation of flight of capital
to this country because of the po-
litical and financial unrest in Eur
ope. According to report, ONE rather
heavy investments have been made
in American securities of late
through Amsterdam and London
banks. these deals having been put
over privately rather than in the
open market.
During the last few months the
experts have been spending as much
time on poStmortems as they used
to spend on the spreading of rumorS
and tips. At that, though, they
must find something to occupy their
time. They have very little business
TO transact.
TINE American bureau Of metal
l. statistics places the world gold
output at l9,617000 fine ounces for
the first nine months Of this year.
This compares with 17,795,000 for
the corresponding period of last
year. If production continues at
its current rate it is expected that
a new high record will be recorded
this year. The total figure would
be 26.154.000 ounces, contrasted with
24.282. 900 in 1923, which was the
largest amount ever produced in one
year up to that time.
The increase in the price of the
yellow metal has been responsible
for the larger production. Mines
which had been shut down for years
were reopened. The reopenings are
still going on, so it is entirely likely
that 1885 may set still another high
record. History reveals that a wave
of business prosperity invariably
follows every squirt in gold produc-
ton. so the big increases recently
hold out promise of better times
ahead
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-12
LEAVING
CCC A MONTH
FOR NEW JOBS
Many Others HonorabIy
Discharged Absorbed
by Industry.
BY DUANE WILSON
United Press stan Corresnondent

WASHINGTON, Nov 12.-Indus-
try is recruiting workers from the
ranks of the civilian conservation
corps at the average rate of $500
a month, it was learned today.
More than $4,000 have resigned
voluntarily from the reforestation
camps since last April to take new
jobs. Prior to that an average OF
about 5000 a month left the camps.
In addition, thousands honorably
discharged due to expiration of their
year of service have been reabsorbed
into private enterprise.
Officials are gathering statistics
to show what became of the boys
after they were discharged from the
camps, but these figures will not be
available for some time.
Was First Attack
Historians Of the future probably
will find in the CCC g stirring
epic of the fight to overcome the de-
preston. Initiated on April 5, 1888,
it was the first blow struck by the
Roosevelt administration against
unemployment
A total of $4,000 boys have been
enrolled in the camps, Of this num-
Der $4,000 are in the forests at
present.
The program has cost the govern
ment about $47O,OOO.OOO up to Nov.
l. Of this total aobut $116,000,000
has been sent home to needy fami-
lies who otherwise would have been
on the relief rolls. About $4,000, =
900 has been spent for land which
was added on to the national parks.
Benefits Tremendous
The tangible benefits of the CCC
have been tremendous. The depart
mentS of agriculture, interior and
war estimate that the work done by
the CCC boys has been worth $275,-
100000 to the nation.
Up to Sept. l, 21,000 miles of tele-
phone lines were constructed and
$4,000 maintained; 1888 miles of
truck trails and minor roads were
built and $4,000 miles maintained;
1881 900 acres of forest lands were
improved 10000 acres were plant
ed to trees; 100000 soil erosion
dams were built in gullieS and 995
| fire lookout towers were erected
The corps waged a winning fight
against blister rust.
The most important feature OF
all, CCC officials believe, is that
when industry reviveS it will find
hundreds of thousands of young
men ready to go to work in the best
of health and spirits.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-11-12
STUDEBAKER COMPANY
PLANS REORGANIZATION
Present Debts to Be Eliminated
Under New Move.
By Times Special

q 1 tW6S HptCtut
NEW YORK, Nov. 12.-Provision
of approximately $5,500,000 new cash
for reorganization of the Stude-
baker Corporation is projected in a
plan to be presented to the United
States district court for the north
ern district of Indiana, Harold
Hirsch, chairman of the reorganiza-
ton committee stated here today.
The plan will provide for the
elimination as such of the corpora
tons present funded and other debt
amounting, with accrued interest, to
more than $23,OOO,0O0. The plan
further contemplateS, through an
exchange into common stock of a
new corporation, the retirement of
the existing preferred stock amount
ing to $5,808,200 par value.
After conSummation of the plan
the aggregate Of securities senior to
the common stock Of the new COM
pany will amount to S6,867 500 in
the form of new debentures to be
created under the plan, as COM
pared with a total debt and pre-
ferred stock of over S28,000,000 of
the present company.