davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1934-04-03

Departures from Normal
Accumulated deficiency of tenn
perature since January l, 1884,
1874.
Excess of temperature since
April /, 1884, 20.
Accumulated deficiency of pre-
cipitation since January l, 1884,
100.
Deficiency of precipitation since
April l. 1884, 20.
Tide Tables
1Oday-High tides, 10:17 a. m.
and 10:39 p. m. Low tides, 4:22
a. m. and Sis p. m.
Tomorrow-High tides, 11:O4
a. m. and 1881 p. m. Low tides,
5:04 a. m. and 6:03 p. m.
The Sun and Moon
The sun rises today at 5:51 a. m.
and sets at 6:32 p. m.
The sun rises tomorrow at $50
a. m. and sets at 6:33 p. m.
The moon rises today at 11:08
D. m. and sets at 7:30 a. m.
The moon sets tomorrow at 8:18
a. m.
The Washington times., 1934-04-03
O. E. S. Dance

Under the auspices of the
temple and endowment commit
tees of the Order of the East
ern Star, a dance and card
party will be held on Tuesday
evening, April 10, at the Shore
ham Hotel.
Mrs. Madella Smith is gen.
eral chairman of arrangements
and Mrs. Ethel Johns is chair
man of reservations.
Entire proceeds will 60 to the
temple and endowment fund.
The Washington times., 1934-04-03
Annual Dance

The Maria Montessori Ladies
Society will hold it's annual
dance tomorrow night in the
Italian Garden of the Mayflower
Hotel, with Comdr. Alfred A.
Picchione, aeronautic officer of
the American Legion, as the
guest of honor.
The committee in charge in
cludes Mrs. j. Collella, chair
man; Mrs. M. Pisani, vice chair
man; Mrs. C. Branca, secretary;
Mrs. D. Bertini,5 treasurer, and
Mrs. o. Norcio, reception.
The Washington times., 1934-04-03
Women's Bar Dinner

w ~ W. - OSSN - ~ ~ III
The Women's Bar Association
of the District of Columbia will
give a dinner in honor of Judge
Fay Bentley, of the Juvenile
Court, Thursday night at $50
o'clock at the Admiral.
Other guests of honor include
the dean of George Washington
University Law School and Mrs.
Van Week, the dean of National
University School of Law and
Mrs. johnson, Dean Grace Hays
Riley and Mr.. Riley, of the
Washington College of Law; the
Superintendent of Schools and
Mrs. Ballou, and Sanford Bates,
director of the Bureau of
Prisons.
Judge Adkins, associate jus
tice of the Supreme Court Of the
District of Columbia, and Mrs.
Mary Connor Myers will speak.
The dinner will be followed by
an entertainment.
The Washington times., 1934-04-03
Boys Club to Send
Three to World Fair

Three fortunate members of
the Boys Club of Washington will
visit the Century of Progress in
Chicago this summer with all ex-
penses paid. The trips will be
awarded by the Board of Trus-
tees of the club on the basis of
work accomplished in the print
shop. art class and woodworking
shop of the club at Third and C
SITS. N. w.
The Washington times., 1934-04-03

For many years the annual
spring card party Of Dixie
Chapter, United Daughters Of
the Confederacy, has been an
important social event among
Southerners and their friends.
The affair this year will take
place, May 4, at 8 o'clock at
the Mayflower Hotel. Proceeds
will be used for the benefit of
the chapters relief and educa-
tional fund.
Among those who are taking
active part in arranging for the
party are the officers of the
chapter, Miss Laura Virginia
Snuggs, president; Miss Laura
v. Ruff and Mrs. E. Hilton
Jackson, vice presidents; Miss
Lille Tucker. recording secre-
tary; Miss Mabel Ezell, CORE
spending secretary; Mrs. Cora
E. Settle, treasurer; Mrs. Frank
Eliot, registrar; Mrs. George B.
A114S1 441oCOA AcbA41 M40o GNC4JAA
Daniel, parliamentarian; Mrs.
Frank Birthright, chaplain, and
Mrs. Estelle Tompkins, custo-
dian.
The Gen. j. E. B. Stuart
Chapter, United Daughters of
the Confederacy, will have its
spring dance party Friday, April
81, at 24OO Sixteenth st. N. W..
it was announced today.
The committee on arrange
ments includes Miss Frances v.
Phillips, chairman; Mrs. Albion
w. Tuck, Miss Margaret Vaden,
Miss Marian Hardy, Mrs. Sam
uel Henry, Miss Leila Cliff, Mrs
George Hickey, Miss Margaret
v. Cockrell, Miss Katherine Sex
ton, Miss Meta Watts, Miss
Mary B. Boyd and Miss Ethel
r Rprrv
The Washington times., 1934-04-03
Annual Party

The annual spring dance and
card party of Trinity Chapter,
No. 33, Order of the Eastern
Star, will be held Saturday
night at the Roosevelt Hotel.
Miss Zelda Newman heads the
committee in charge.
The Washington times., 1934-04-03
NAVAL HERO PRAISED

High praise for courage he dis-
played in saving the life Of q
drowning officer was given Lieut..
William L. Wright. of Corpus
Christi, Tex, by Secretary of the
Navy Swanson yesterday.
The Washington times., 1934-04-03

"If at first you don't succeed, try,
try again." An age old saying, but ever
true. II you haven't been able to locate
the apartment you want, read the time
Iy selection offered daily in the WANT
AD SECTION of this newspaper.
The Washington times., 1934-04-03
The Weather

District of Columbia-Fair to-
night and Wednesday; not much
change in temperature; lowest to-
night about Al degrees; moderate
east and southeast winds.
Maryland and Virginia-Fair TO-
night and Wednesday; not much
change in temperature.
Local Temperatures
YESTERDAY TODAY
4 p. m.... SO 4 a. IN. ..... SO
8 p. m. 748 a. m. ..... 54
Midnight -. 81 Noon ...... 66
The Washington times., 1934-04-03
Dixie Chapter Of U. D. {. Prepares
For Annus! Spring Card Party
To Raise Relief Fund

} citation of University Women,
1884 I St. N. w.
The Washington times., 1934-04-03
SororitY Dinner

Kappa Alpha Theta Sorority
will hold its monthly dinner to-
night at $50 o'clock at the
clubhouse of the American Asso-
The Washington times., 1934-04-03
Look the Other Way

Is anyone hazy on this mat
ter of cannibal etiquette?
Mrs. Herbert MARY Hastings)
Bradley, noted explorer and big
game hunter comes to town and
solves a difficult problem.
Interviewed rec emily, Mrs.
Bradley was asked if on an ex-
pedition, she had actually known
of cannibals eating anyone.
Said she:
"One of the boys in our. ex-
pedition violated some code Of
his fellows. He was killed ana
eaten!"
Her interviewer asked what
one did when one knew some,
one else was being eaten.
Said Mrs. Bradley:
eve just thought it best to
ignore it,"
So, Just pay no attention at
the next dinner party!
Never Gets Around
George E. Fauth is a clerk
in the Laurel sub-station OF the
Maryland State police.
Heretofore he has worked IN
other substations, has been trans
ferred to various places in the
State of Maryland.
Despite the fact that he has
Travelled all over the State and
for some time has been assigned
about 20 miles from the District
line, he admits:
"It's a funny thing! Although
I work in Maryland l haven't
been in Washington since 1928.
81 have been with the force for
five years. have travelled all
over the State. But in all that
time 1 haven't been in the Ma
tiOnal Capital.
"As a matter of fact, I don't
know what is south of Laurel"
**
The Wrong Number
In Upper Marlboro, Editor
Sam Wyvill prints a weekly
The Washington times., 1934-04-03
First Award Tuesday

But lose time The contest starts tomorrow morning
letters for the first award april 1 to be in by Saturday
midnight Award for the first winning letter will be made at
the Paais Royal at P M Tuesday, April TO- Take your
ride write your letter get in the contest early!
The Washington times., 1934-04-03
The Wrong Number

In Upper Marlboro, Editor
Sam Wyvill prints a weekly
Evening star., 1934-10-30
KENTUCKY RELIEF
COMMISSION QUITS
Resignation Follows Change in
Administration-New Director
to Be Named.
BY the Associated Press.

BY the Associated Press.
LOUISVILLE, KY, October 3O.-The
Kentucky Relief Commission resigned
in a body and telegraphed notice OF
its action to Harry L. Hopkins, Federal
relief administrator. Rev. Charles w.
Welch, chairman of the commission,
announced the action following the
change in the Kentucky administra-
ton announced at Washington yes
terday.
Commission members in addition to
DR.. Welch were DR.. Raymond A. Kent,
president of the University OF Louis
Vile; Judge Ernest w. Clarke, Louis
vile; Judge Glen S. Num-, Paducah:
DR.. William j. HutchinS, president OF
Berea College, Berea, and Judge S. S.
Willis, Ashland.
In Washington Administrator Hop
kins announced that Thornton Wilcox,
Kentucky relief director, would be
succeeded by George H. Goodman OF
Paducah, and that Wilcox would be
transferred to an administrative post
in Washington.
Evening star., 1934-10-30
PINCHOT CHARGES
RADIO interference
Governor Protests to U. S. Com
mission-Claims Buzz Ruined
Speech.
BY the Associated Press.

BY the Associated Press.
HARRISBURG, Pa, october 30
Gov. Pinchot yesterday made public
a letter to Eugene o. Sykes, chairman
of the Federal Communications Com
mission, saying talks he made at
Charleroi and Erie in behalf of At
torney General William A. Schander,
Republican nominee for Governor,
were incoherent to listeners.
The letter stated:
MY speech at Charleroi, through
stations KQV, WHIP, WIP, WGBI and
WRAU, was ruined by loud buzz
from beginning to end Of the
speech.
THE lines were tested and shown
to be clear Immediately before I be-
gan to speak. They were clear again
Immediately after I ceased speaking.
At Erie the first five minutes
Of my speech came through perfectly.
but I am informed that the moment
/ mentioned the sugar trust the buzz
came on again. ."
Evening star., 1934-10-30
DESCRIBES
PAJAMA EPISODE
Defends Mrs. Vanderbilt in
Secret Hearing-CrosS.
Examined Today.

BY the Associated Press.
NEW YORK, october 30.-Prince
Gottfried zu Hohenlohe und Langen-
burg considers his appearance as a
witness for Mrs. Gloria Morgan Van
derbilt disturbing to his sangfroid.
The prince admitted this, after he
had testified yesterday afternoon in
the Supreme Court fight Mrs. Van
derbilt, his one-time flancee, is wag-
ing for the custody of her lO-year-old
daughter, Gloria, heiress to huge
fortune.
Just what the prince said on the
witness stand was not known, since
Justice John F. Carew is conducting
the hearing in closed court room.
Explains Cannes Scene.
The prince said, however, that he
had repeated what he had said on
his arrival from Europe two weeks
ago. This was an explanation OF an
episode which Miss Emma Sullivan
Keislich, an early witness in the hear
ing, has described as an indication
that Mrs. Vanderbilt is not fit mother
for little Gloria.
Miss Keislich, once the child heir
ess nurse, testified that she had seen
her employer and the prince in the
formers bed room in Cannes, and
that both of them were clad in pa
jamas.
The prince declared there was
nothing improper in this, since he was
engaged to Mrs. Vanderbilt at the
time, was consequently with her a
great deal, and that their attire was
quite appropriate.
Due Back on Stand.
They we're wearing beach pajamas,
the prince explained, which are COM
monty worn in Cannes on the beach
and in the boudoir.
The prince was expected today to be
cross-examined by counsel for Mrs.
Harry Payne Whitney. little Gloria's
aunt, who now has the child, and con-
tends she ought to keep her.
Evening star., 1934-10-30

on in voice lowered to confidential
whisper, Its magic stone!"
Indeed" Her confidant received
this strange disclosure with proper
respect. You mean it is a talisman,
luckstone? Is that it?"
That's it," The young gypsy girl
smiled happily at this quick compre-
hension. You can look at it for a
certain length of time and when you
repeat certain words to yourself it
will bring you happiness and relief
from troubles"
Look here, young lady" and in
spite of himself the old fellows eyes
twinkled as he spoke, I'm not much
of a necromancer myself, but I should
like to know your magic formula.
Would dollar bill buy the key?"
For a moment the child eyed the
proffered bill longingly. apparently
fascinated by this overwhelming for
tune that might be hers, but she
slowly shook her pretty black curls in
reluctant dissent.
mo, I cannot. It Is an old family
secret, handed down for many gen.
erations. Only traitress would sell
it." Then. before her new-found
friend could tempt her further, she
hurried away.
The man laughed quietly as he
watched her hurry down the corridor
between the display cases-but his
laugh was tinged with melancholy.
The girl was so young to be leading
a pauper's life. If he could help
her
A sudden thought thrilled his schol-
arly imagination. Perhaps there was
something behind the girls fantastic
story-some legend, possibly. Some
times, he argued. folk traditions were
centered in fact.
For Is years have been a di-
rector of this museum" the gray
haired man unused, but this is the
first I have heard of any magical
qualities in our gem exhibits. I Won
der now. You never can tell about
these folk tales. There must be rec
ords on this stone. Let me see
now
A few days later the elderly director
saw the girl standing again in front
of the sapphire, her sweet young lips
tremulous as they moved in silent
speech. Her observer noted with
little twinge that her lovely black
Evening star., 1934-10-30
BY CLARENCE CARPENTER.

| in our records, a remarkable history"
The girls eyes widened. rs that
really written down, what I have
told you?" she gasped.
Beyond the shadow Of a doubt"
he assured her. why, look here, 1t
has come to your rescue already. Only
Yesterday the Board of Directors OF
this museum agreed with me to award
you $50 for calling our attention to
the unusual nature of the sapphire
we have in our exhibit. I have the
money right here" He fumbled IN
his pockets and produced the right
number of fives and tens and pressed
the crumpled bills into her hand.
The brilliance of the sapphire could
not compare with the brightness Of
the girls shining eyes as she stam-
mered her gratitude. Joyously she
departed with her sudden fortune.
leaving the beaming old gentleman
musing to himself.
Just think" he murmured to him.
self, those pig-headed directors insist
there is nothing remarkable in this
stones history. That is because they
think more Of their stupid records
than OF 1Olk tale QauQeO QOWH lOE
generations. The unromantic fools!
How fortunate I had $50 with me
today"
When the gypsy girl reached her
drab home in the ghetto she was
greeted by an angry shout from her
father. "Hah, so there you are! Your
poor poppa Is dying for little medi-
cine and you go running away instead
of staying here to tell fortunes. Making
foolish dreams in the museum house
again, is 1t not SOP"
Mutely the girl laid the bills before
her father. He counted them eagerly.
Fifty dollars! My angel! My pretty,
sweet child Where did you get them?"
But the girl did not hear him, for
she was lost in trance. ITO think"
she whispered In awe, Ito think that
it is truel My lovely story, the pretty
story made up all by myself is true!
1t Is even written. The gentleman
said 1t Is written"
(Copyright. 1934)
Evening star., 1934-10-30
SHORT STORY--
LUCKSTONE
STEPPED in the Folk Tales of Her Race. the Little Gypsy
Maid Wove Fantastic Story Around Gem.
BY CLARENCE CARPENTER.

eyes were moist.
He approached her
as she turned to
leave.
I'm need Of luck
again so soon," he
said cheerfully.
"What Is our blue
stone going to do
for you now?"
The girl turned
up q fearful face
to the kindly d.
rector. "It's my
poppa," she half
sobbed. He Is so
i'll and medicine is
so very dear. It
see ms n o b o d y
wants to have their
fortune told any
m ore and what
then can we do?"
The director hes
itated, then he
smiled and said:
"You have the
sapphire. 1t will
n ever fail your
yHr -
Evening star., 1934-10-30
THEY made q

AAA< = AAAAAS -
i strange cou-
pie. He was
sedate, gray-haired
and conservatively
dressed; she was q
pretty little miss
not yet in her teens,
brilliantly costumed
in the bright red
and yellow garb Of
the fortune-telling
gypsy. The two
gazed at the glow
ing blue transpar-
ency before them,
the finest sapphire
In the museum.
"You seem quite
interested in that
sapphire" the old
gentleman Ven-
tured cautiously.
The girl looked
up quickly, flushed
slightly, but was re-
assured byhis kind
ly smile. "Ye-es,"
she began slowly.
You see " she went
Evening star., 1934-10-30
Posters in Nine Languages.

I fOSCeTS III NIHe LdHS UdScS'
Posters in nine languages advertis-
ing the 1885 British Industries Fair at
London will be displayed In Is coun-
| tries.
Evening star., 1934-10-30
(copyrisht, 1934.)

Tomorrow: "Amanda's Bus" by
Flora Snyder, Is q tale you'll enjoy
because the characters are 50 human
and the plot might very well have
been taken from a page in the neigh
bor's diary.
The Waterbury Democrat., 1934-03-22
ALFRED E. SMITH
HAS RESIGNED AS
OUTLOOK EDITOR
Disagreed With Publisher
Over the Policies OF
His Editorials

New York. March 22--(CP) 49,
Following Enlargement With his
publisher over editorial policy. Al
fred T.. Smith has resigned as
editor Of the monthly magazine
The New outlook, II var learned
today.
The resignation will be officially
announced at the magazines office
probably today when copies Of let
ters recently exchanged between
Smith and Frank A. Tichcnor,
owner and publisher, Will be re-
leased. IL was understood that
smith gave as his reason the pres
sure Of other business.
The real reason, however. vas
disagreement over the nagaZinc's
viewpoint toward the national adj
rinigtration, IL Was learned from
SOurces clogc to both men. Tichcn-
or. IL republican, was Understood to
have wanted to handle Washing
ton criticism "without gloves
while Smith favored remaining 81
lent on some questions.
Smith and TichenOr diaagrecd
recently over the Hitu1tion brought
about by tho governments cancel
lation OF air mai contracts. Itch
cnor, 1t was said. wished TO attack
the cancellation. Aero Digest, an
other OF his publications., contained
a stinging attack In ita last issue
but the New Outlook waH silent.
Another source gaId the ca use OF
the break was over an article
smith rejected for the March issue
which was composed Of pledges
taken from President Roosevelt
election Hpccchee and his actions
oftcr he became president set IN
parallel columns. This article, II
was said. will appear In the Apri.
issue
The Waterbury Democrat., 1934-03-22
Waterbury
Produce Market
FURNISHED by Connecticut
Department OF Agriculture
q p. Storrs. local agenD

FRUITS: Apples. Fancy McIn-
tOsI, 2.iO-2.5D bu.. Delicious 200
2.lO bu.. others f.6O-i.75 b.; No,
1 Mcintosh I.GO-t.S5 bU.. Others
l.35- 80 bU.: ungradcd isaIdwins
.DO-f.iO b1.. western boxed 2.g5-
800 bu.
VEGETABLES: Asparagus, CnI.
3.OO-4.OO crate: beans, green 300
$50 IHi.; bccts 80. 10 don; cab
bage 2.25-2.5O large crate; carrots
new .6O-.85 don. old washed I.25
30 bu.; cauiiflOwcr I.8O-I.75
crate: celery. flats .DO-f.OO doz.
rounds .85-.75 don; dandeIjOns.
H. II. 2.4O-2.5O bu.; lettuce, Ice
berg 2.75-3.25 crate. Boston rs
LOO don: onions I.I3.I.85 bu.
pnrsnips, washed I.I5-I.N bu.
peppers 4.5O-5.3O crate; pOtatoc-
2.35~2.5O cwt.. I.40-1.5O ,bu.; spin
ncb .DO-iOO b1.: rutabasas 10
l.25 ba.
POULTRY PRODUCTS: Conn
eggs per doz.. NewIaid Fancy ~
Special .27-.:S; Extra .25-.27
Gathered .2J-.25: NewIaId medium
rs; spcc NJ medium .22-.21: Extra
medium .2O-.2f: western .lD-.2f;
live. fowl cOl0Ycd .i7-.tO ~. brOti-
crs coI0rcd .2O-.25 ~, fowl Leg.
horn .i4-.i5 ~. brOiIers INeisOsB
.iS-.2O N; dressed, fowl .2O-.22 ~.
rOnstcrs .24-.26 NJ. brOiIers ~. IN
N. turkeys .25-.2S NJ.
LIVESTOCK AND " r. 4 81:
Butcher stock, cows .O2..O4 NJ
Snivcr .OS-.O7 NJ: meats, bpcg
.O-.I2 fb. veal .u-.I3 NJ. Iainl,
.i3-.T u. pork. Joins .l3-.Js n.
The Waterbury Democrat., 1934-03-22
MRS insult in
FRAME OF MIND
TO Be SUICIDE
She Said She Would Take
Her Life II She Had
Courage

Athens, Mar. 22-(UP)-"I wish
j had the courage to commit sui
cide--but ! can't" Mrs. Samuel In
eull cried today, NJ, hyeterical, she
was nursed by Nine. Zebra Couy-
OumdjoglOu, mystery beauty and
close friend Of the refugee Chicago
utilities rnagnate.
Already distracted with worry
over her husband Of 81 years. who
II cruising In the specially char
tered steamship Maiotis in search
of Q haven from American Law,
Mrs. insult collapsed when she was
Informed that the French consulate
would not visa her passport 30 She
could take the Simplon- Orient cx-
press to Paris az she had planned.
Nine COuyoumdjoglou and ser
wants watched her carefully today,
rs she showed no signs OF calming.
Mrs. insult, known AZ Gladys
Walls on the stage when she mar
ried the utilities man in 1893, had
urged insult TO surrender to Amer
lean authorities and face charges
Of fraud with the collapse OF his
utilities companies. Nine. Couy-
oumdJoglou advised him to con-
I tinue to seek TO escape eXtradition.
He took her advice ind she char
tered the Maiotis In which he left
Greece.
For a while. the women quar-.
relied and then would not speak to
each other. insults departure, and
the wife'e frantic grief. brought
them together again at the apart
nnent where both live.
insult was assumed today still
20 be cruising the Meditcrranc can
In his steamship while his attor-
neys here. In consultation with his
London agents, continued to seek
o refuge for him.
The Waterbury Democrat., 1934-03-22
PLANE CRASHED
KILLING THREE
Happened in Peru-One of
Badly Hurt is Ambas-
sadOr to u. s.

Lima. Peru. March 22--UP)-
a tri-motored Psn-American Grace
line plane with ~ passengers
crashed while taking of for Chile
from Las Palmas airport to-day,
killing three persons and lnJuring
four.
The dead were Homer v. Farris,
pilot; Lawrence a. Wagner. radio
man. and Frank Large. passen-
ger.
The injured were Manuel True
co. Chilean Ambassador to WASH
lngton. whose hip and pelvis were
broken; his daughter, Grace.
broken shoulder; Miss Carmen
Bust3mente, a Peruvian, broken
leg, and John McGregor, vice pres-
ident of the air line. bruises.
Ambassador Trucco lost his wife
last week. She died while he was
flying to her bedside from Wash.
ington, making the trying rip de-
spite his own Illness.
The Waterbury Democrat., 1934-03-22

CONTINUED from Page -
the city $4,000. The city nov
docs the work for 343,337. The
shpinR by the city by going along
the present lines VIII be over So,
800.
Or T.. j. Godfrey. local health
officer. assured the committee that
he can bring the present HyAicin up
10 "A standard that viii be salts
factory and much better than eyer
before enjoyed by tho municipal
ny. Therefore, the works board
viii be 30 advised by the commit
tee.
List OF Bidders
The bids originally submitted
were: Thomas T.. Moran, 41s,OOe,
for one yeor or $4,000 for five
years; stephen j. Sullivan, $50,
GG3.35 for one year or $2Ga, 32G.7O
for five ycnrs \. ". Larson and
James +. Hchlcy, 359,760 for ore
ychr or 32JS,1J0 for five years.
Michael j. Dareey. SG2.sl3 for one
ycar or y3l4.0g5 for five years: ana
The Waterbury Ash I.emoying com
papy, $4,000 for one year or a345 &.
900 for hVe yearH.
On the committee were Mayor
Frank Hayes, Controller Daniel j.
Icary, Health Olticer Dr r.. j. Cod
frey. Corporation Counsel Charles
y. O'Conn0r and Works Commits
sonGrs James 4. Phelan and Al,
bert LOcffIcT.
The Waterbury Democrat., 1934-03-22
Business Dull As The
Leaders Kept Silent
All We're Watching and Waiting For Settlement OF
Problems, That at Present Have the Nation
and Public All at Sea

margin requirements, borrowing
by members, segregation of deal
ers and brokers, registration OF Ses
curities and powers OF the federal
trade commission over exchanges
He said:
II understand that the commit
tee desires constructive suggestions.
/ shall, therefore. suggest specific
amendments to the sections which
contain the most harmful and un-
workable provisions. In making
these suggestions. do not wish TO
be understood as qualifying In any
way my fundamental objection to
the bill" -
In suggesting q revision Of mar
gin requirements Whitney said:
"I have already said that ] con.
slider the margin requirements OF
the original Fletcher-Rayburn bill
excessive. While requirements OF
the pending bill are more liberal.
due to prevailing market prices.
htey would reach the same excess
sive level fived In the Fletcher
Rayburn bill in the event of a rise
In security values"
Whitney proposed an amends
ment which would place entire 5ur-
isdiction of margins in the hands
of the federal reserve board.