davidaulloa/AmericanStories huggingface dataset:
The Waterbury Democrat., 1934-07-10
More Racquets

Start of the mems and wOmen's competition in the Naugatuck valley tennis tour nament today on the Water. bury Country club courts indi. cates that not only ambition to spread out" in the presenta. tiOn of golf at the local club burns within the breasts of live committee, but tennis as we'll will have it's fling by at. tracing better players every season. Today, several of the better players on New Eng land courts will be seen in ac- ton, notably Ed Mcknight. New England's ranking play. CT, while the girls will be vol- leying to dethrOne Olga Kall0s of New York state, whose play last year was nothing short of SDectaCular.
The Waterbury Democrat., 1934-07-10
FRIENDLY FEELING
 BETWEEN BIG LEAGUE TEAMS

Boston (UP)-Relations between Boston's two Big League teams, the Braves and Red Sox, are most cordial.
 When Bobby Brown, the young Braves right-hander, was brought back from Albany, he worked out daily with the Red Sox until the Braves returned from a western trip.
The Waterbury Democrat., 1934-07-10
SECOND ROUND OF DUSTY LEAGUE TO
 BEGIN TONIGHT
Six Teams in Action on Local and Borough
 Diamonds

Industrial League baseball teams will see action on three fields this evening. according to the second round schedule announced last evening by President William J. Derwin with games set for Hamil- ton and Fulton park diamonds in this city and Recreation Field in Naugatuck. Chase and Wordens are at Fulton park. Graham opposing Quilter onthe hill wiht American Brass and Selenske going against Scovill lads with Jack Keefe throwing 'em. Edmonds will pitch for Naugatuck Chemical against Clock inthe borough with Kane to pitch for the local outfit.
 Schedule:
 Tonight.
 Chase vs Worden's at Fulton park, Umpire Cleary, Scorer O'Connor.
 American Brass vs Scovill at Diamond No. 1, Hamilton park, Umpire Darlington, Scorer Rock.
 Waterbury Clock ,vs. Naugy Chemical at Recreation Field, Naugatuck, Umpire Forstr Scorer July IF.
 Chase vs. Naugy Chemical at Recreation Field, Naugatuck, Um- pire Forst. Scorer Nardozzi.
 Scovill vs. Waterbury Clock at Fulton Park, Umpire Darlington, Scorer O'Connor.
 American Brass vs Worden's at Hamilton Park, Umpire Cieary, Scorer Rock.
 July "A.
 Waterbury Clock vs. American Brass at Fulton Park. Umpire Car rington. Scorer Nardozzi.
 Scovill vs. Chase at Diamond No. , Hamilton P>rk, Umpire Forst. Scorer Rock.
 Worden's vs Naugy Chemical at Diamnd No. Hamilton, Umpire Cleary, Scorer O'Connor. July 31
 Scovill vs Naugy Chemical at Recreation Field at Naugatuck, Umpire Forst, Scorer Nardozsi
 Chase vs American Brass at Hamilton Park, Umpire Caring ton, Scorer. Rock.
 Waterbury Clock vs Wordens at Fulton Park, Umpire Cleary, Scorer O'Connor. August 2.
 Scovill vs. Worden's at Fulton Park, Umpire Cleary, Scorer Mar dzzi
 Naugy Chemical ys. American Brases at Diamond No. l, Hamilton Park, Umpire Forst, Scorer Rock.
 Waterbury Clock vs Chase at Diamond No. 2, Hamilton Park, Umpire Darlington, Scorer O'Con- nr.
The Waterbury Democrat., 1934-07-10
aser nding Expected To Be ninlized Ln AStar Come
Swinging, Crafty Pitching
 Look Like Real Elements Of Inter-League Classic
By THEON WRIGHT

United Press Stan CoFfespondent)
 New York; July 1O- (UP) )-Baseba's hot-stove 'dream game true for the second time today when high pow bats and hghpriced soupbones gather in the annual ntereague asar game that means nothing in statistical averages club standings but plenty to old Gus Fan and to former ball players in need
The Waterbury Democrat., 1934-07-10
AMERICAN LEAGUE
 fRAtfiSsSr A 1ps.s pssSl
Utility Playersl


  Sox catcher National Ieague-Marin, outhelders
The Waterbury Democrat., 1934-07-10

COnhecticut's outstanding pro- motor for many years, who will start up his business Thursday night, after a six months layOff, by bringing Jack Dempsey to Water bury for the first time to referee some of the ten bouts on an all- star amateur program featuring Ken Perry and Johnny Bun, local middleweights.
The Waterbury Democrat., 1934-07-10
Last Nights Fights
(By United Press,

At Boston - Patsy Perroni, 1855. Cleveland. Ohio. outpointed Jack Mccarthy, 1S4 IA, Boston (10); Eddie Dolan, 140 1-2, New Haven, stopped Victor Lotti, 143 1-2, Marl- boro (43; Tony Bent, 135 Cam bridge. stopped Pat McStay 134 1-2, Watertown CD; Leo Cur ley, 1S7, Providence, R. l., knocked out Johnny Buckley, 176 1-2, Lex ington (2); Paddy Mack, 176 3-4, Philadelphia, knocked out Frank Carney, 174 1-2, New Haven (I: Jimmy Murphy. 142, Dorchester, outpointed Joe Ricciotti, 142, Bos- ton (6).
The Waterbury Democrat., 1934-07-10

At Hackensack, N. J.-Jack Ennis, 159 IA, Asbury Park, knocked out Tony Fisher, 155 S-4, Newark, CD; Allie3 Rowan, 133. Jersey City, knocked out Tommy Diaz 1a4 New York. (2l.
The Waterbury Democrat., 1934-07-10
Players And Figures On The Big Game

New July 1oUP)Foliowng the probable starting neups Of American Pnln Grnund ndnu
The Waterbury Democrat., 1934-07-10

At West Springfield, Mass-Co- coa Kid, Al 1-2, New Haven, Conn.,, outpointed Steve IIalaiko, 139 1-2, Buffalo, N. Y. (s); Fell Hippo Yambo, 119 IA, Puerto Rica, outpointed Joey Archibald, IF If, Providence, R. I. (8); Tony Celli, ITO 3-4, Leominster, outpointed Jackie Aldare. 174 1-4, New York (8).
The Waterbury Democrat., 1934-07-10

" " T-1C I'm. Reg U 6 Pas on. q is3s by
 United rsAture Syndicate Inc DSAVe JOE FROM kDNAPERs, ,DNAANIE HAS BEEN FORGED TO FIGHT A LOSING STRUGGLE AGAINST BLHZEh-IN TIE STANDS, DE DIAN DAN AND TONY TALk-n4EY ARE UNAWARE THAT TIE MAYORS PAL IS BE. HIND T1en nLSTENlNo
The Waterbury Democrat., 1934-07-10

At York, Met Al Bedard, Lew iston, won on a foul from Ad Zac- how, Portland CD; Flash Dixon. Portsmouth. outpointed Young Brown, Biddeford (6).
The Waterbury Democrat., 1934-07-10
wuRHnRN GTNfMONs

The owner, in that way, can get his bah club signed up quickly at harxain prices. The star holds out
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-01-02
One Cent a Day Pays
Up to 500 a Month

The Postal Life & Casualty Insur-
ance Co., 1914 Postal Life Bldg,
Kansas City, Mo-, is offering new
accident policy that pays up to $500
a month for "a months for disability
and 100000 for deaths-costs less
than 1c a day-$3.5O a year. More
than 10000 have already bought
this policy. Men, women and chill
dren eligible. Send no money. Sim
ply send name, address, age, benef-
ciary's name and relationship and
they will send this policy on 10 days
FREE inspection. No examination is
required. This offer is limited, so
write the company today.-Adyertise-
ment.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-01-02
LAW TRANSFERS
Nineteen CITIES
TO TOWN CLASS
Statute Affecting Nearly
$4,000 Persons Became
Effective Jan. |.

Nearly $4,000 Hoosier city folks"
awoke on New Years day to find
that they now are small towners.
For the 1888 legislature decreed
that beginning Jan. l, 1884, nineteen
flfth-class cities would be reduced to
the status of towns Instead of
boards and commissions conducting
the official business. as is done in
cities, the power is put into the
hands Of the town mayor.
Cities becoming towns in this
manner are Angola, Batesville, But
Ter, Cannelton, Covington, Delphi
Dunkirk, Ligonier, Loogootee. Mon
ticello Montpelier, Nappanee, North
Vernon, Petersburg, Rensselaer,, Ris-
ing Sun, ROckport, Veedersburg and
Vevay.
Ten fourth-class cities dropped to
the fifth-class under the new law.
They are Columbus, Franklin, Leb-
anon, Princeton, Rushville, Sey-
mour Valparaiso, Wabash, Warsaw
and Washington.
Logansport went from third to
fourth.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-01-02
MONROE COUNTY
CWA ABSOLVED
FavOritsm Charge Faxed,
Special Investigator
DisCIoSeS.

Officials of the civil works adj
ministration at the statehouse today
revealed that charges against the
CWA in Monroe county were found
to be without foundation following
an investigation said to have been
made at the personal instigation of
President Roosevelt.
The charges from Monroe county
were said to have been included in
a letter sent to the President by
an organization said to have Com
munistic affiliations. The allega-
tons set out were that favoritism
was being shown among workers
and that CWA employees were re-
quired to work under unfavorable
conditions.
B. j. DWorsky, special investigator
for the department of justice, made
the investigation for the government
and returned to Chicago yesterday
with records and other data on the
situation. His investigation, accord
ing to CWA officials, showed the
charges to have been faxed and
made to foment unrest and discon-
tent.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-01-02
CRACKSMEN GET BUT
S45 IN THREE HAUL S
No Loot Obtained From Two Safes
Robbed Over Week End.

Yeggmen started out the new year
with little profit in three safe
cracking attempts, according to po-
lice reports.
Battering the combination from a
safe in the Aldag Paint and Varnish
Company office, 426 East Washing
ton street, thieves obtained $45 in
cash over the holiday weekend.
Combination was knocked from a
safe in the office of the Bellco In
dustrial Corporation, 237 South
Meridian street, and an attempt
made to open another safe in the
indianapolis Saddlery Company
office, next door to the Bellco Com
pany, no loot being obtained in
either case.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-01-02
WARNS OF BOGUS BILLS
Alleged CounterfeiterS Escape
Crown Point Sheriff.

Indianapolis police were asked
today to watch for two alleged
counterfeiters who escaped from the
sheriff at Crown Point yesterday
following a chase on Road Al. Two
men. passing bogus $40 bills on the
federal reserve bank of New York
in Crown Point and Lakeville. last
were seen by the sheriff heading
toward Indianapolis in a coupe with
Ohio license plates.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-01-02
CORN SEALERS' IDLE AS
RFC BALKS ON LOAN
1874 Deserving Democrats" AWtit
Action by McNutt.

One hundred and eighty-four de
serving Democrats" picked out by
Pleas Greenlee. McNutt patronage
secretary, as corn sealers," were
held up on their appointments today
due to adVices from Washington.
According to Mr.. Greenlee the
Indiana corn loan plan, whereby the
sealers would obtain corn in cribs
as security for loans to farmers, has
struck a snag with the Reconstruct
ton Finance Corporation. Loans
were to come through the RFC and
the sealers were to be paid through
fees from farmers.
Following his last trip to Wash
ington, Governor McNutt announced
that arrangements for the loans
had been completed and that it was
not necessary for the state to have
a Warehousing law. Mr.. Greenlee
said he would call the Governor at
Miami, Fla, for further advice.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-01-02
YOUNG FARMER
ASSUMES new
TREASURY TASK
Morgenthau Promotion Gre
ates Important Va
CanCies.
By United Press

By United Press
WASHINGTON, Jan. 2.-Henry
Morgenthau Jr, practicing farmer
and long time associate of President
Roosevelt, today assumed full cab
met rank and control Of the treas
ury to effect the administration
monetary and fiscal policies. The
new secretary is AZ years old.
The President summoned Mr..
Morgenthau to the White House
New Years morning to appoint him
secretary of treasury in succession
to William H. Woodin, resigned. He
took the oath of Office in the pres
ence of the Roosevelt and Morgen-
thau families and a few close aSso-
ciates.
Mr.. Morgenthau had been acting
as undersecretary of the treasury
since Nov. 2 when he was drafted
from the farm credit administration
temporarily to fill the vacancy
caused by Mr.. Wocdin's departure
on sick leave.
Succeeds Mr.. WOOdin
Mr.. Woodin as early as last
August asked to be relieved of his
duties, but it was not until yester-
day that President Roosevelt &C
cepted his resignation.
Morgenthau is taking over a de-
partment shaken by dispute ano
designations. Policy differences first
led to the departure of Former I'm
oer-Secretary Dean G.. Acheson and
Financial Adviser o. M. w. Sprague
Later MISUNDERSTANDING Thomas
HeWeS, close personal friend OF
President Roosevelt and Attorney
General Cummings, resigned.
Promotion of Morgenthau now
leaves vacant the important posts OF
underSecretary and assistant secre-
tary IN charge of internal revenue
the latter post having been held by
Mr.. HeWes.
Temporary Successor
Temporarily the position of I'M
oersecretary will be held by former
Wall Street banker Earle Bailie
formerly of j. and w. seligman &
Co., who holds his position under
the title Of assistant to the secre-
tary. Another assistant is Tom K
Smith, ST. Louis banker, who is ir
charge of banking problems.
Mr.. Morgenthau is perhaps the
first farmer to hold the treasury
portfolio. He is enthusiastically in
support of President Roosevelt's
monetary program. He is the son
of the former ambassador to Turkey
under President Wilson and re-
ceived important diplomatic anC
political training from his father
AS early as 1920 he dabbled in
politics, locally at first, when Presi-
dent Roosevelt was defeated as a
candidate for the vice-presidency
His association with Mr.. Roosevelt
has continued without interruption
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-01-02
WILEY POST FORCED
DOWN AT TERRE HAUTE
World GirdIing Filler Is Brief Visi-
tor in Indiana.
IN UNI eS Npeci0L

TERRE HAUTE, Jan. 2-Wiley
Post, around-the-Wor ld flight record
holder, was a brief visitor in In
diana yesterday. Weather condi-
tons forced his ship, the Winnie
Mae, to land here on a west-east
business flight.
The aviator was flying the ship
on a distance flight for the first
time since it was cracked up several
months ago. He was accompanied
by Neal Jones, Los Angeles, Cal,
and w. G. Garthoffner, Oklahoma
City, Okla.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-01-02
Burglars Enter Store

Frying open a rear door of the
meat store at 3606 East Michigan
street, owned by Marion Chastain.
burglars entered last night or early
today, according to the police. The
owner is making a checkup to dis
cover what is missing.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-01-02
REVIVAL is CONTINUED
Evangelist Lloyd C. Shanklin in
Charge of Meetings.

Revival services at the Indian
spolis Gospel Tabernacle are being
continued, with Evangelist Lloyd c
Shanklin in charge.
Music at the services is directed
by \. Lucas, with special numbers
gi' N by R. J. Frazee. Tonight, Mr.
Shanklin will speak on How tC
Forget the Depression"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-01-02
GOLD BUYING PRICE
REMAINS AT $34.O6
Eve of Congress Opening Finds
Dollar at 6O.69 Cents.
BIZ United Press

:
WASHINGTON, Jan. 2. - The
governments domestic gold buying
price was maintained at $34.06 ner
ounce today on the eve of the open
ing of congress during which bit
ter monetary battle is in prospect.
This was $1.31 above the world
price, set in London today at 127
shillings, up IA pence from Satur-
day. Based on the opening ex-
change rate for the pound sterling
(S5.15%), this was equal to $32.75
an ounce.
The dollar remained at 5000
cents.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-01-02
ENDURANCE FLIERS TO
BE GUESTS AT DINNER
New Women's Record Holders Plan
New York Trip.
By nited Press


MIAMI, Fla, Jan. Mrs. Fran
ceS Harrell and Helen Richey, who
came down Saturday, after setting a
new women's endurance flight rec
ord, will be guests tonight of Mrs
Clark D. Stearns, former president
of the Womens Aeronautical Asso-
citation, at a dinner formally cele-
brating their feat.
They plan to fly to New York
Thursday, according to plans re-
vealed late yesterday In the mean
time they planned to fish, swim
and play at Miami Beach, Their
plane, Outdoor Girl, is undergoing
repairs.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-01-02
ASSUMES DUTIES AS
GROUNDS CUSTODIAN
Carl James of Shelbyville on New
Job Today.

Carl James, who has had charge
of car parking at the statehouse,
today took charge of the state fair
ground as custodian. He comes
from Pleas Greenlees home town
of Shelbyville.
The appointment was announced
a month ago by Lieutenant Gov
ernor M. Townsend, commissioner
Of agriculture. who today succeeds
E. J. Barker as fair board secretary.
Mr.. James, who succeeds Forest
Neal in the Playground post, is a
World war veteran, farmer and
automobile mechanic.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-01-02
Tomlinson Hall Door Jimmied

Burglars last night attempted to
enter Tomlinson hall Oliver Healy,
$50 Woodlawn avenue, custodian, re-
ported that he returned from his
supper early last night to find that
a door on Market street had been
Jimmied. Nothing was reported
stolen.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-01-02
EX-C0NVICT HELD IN
Staying OF FATHER
State Man, Found Beaten, Had Been
Threatened by Son.

Threatened by Son.
By United Press
PETERSBURG, Ind, Jan. g.
Andrew Drew, IS, paroled convict,
was held in the Pike county Jail
here today on murder charge while
authorities investigated the death of
his father, Homer Drew, 56, found
beaten and kicked fatally Saturday
night.
The elder Drew died three hours
after being found by officers who
investigated a disturbance at his
home near Muren.
The son was arrested after other
members of the family said he had
threatened his father.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-01-02
STATE SWINE BREEDERS
RETAIN 1888 OFFICERS
X. H. Schenck, Washington, Again
Serves as President.

K. H. Schenck, Washington, was
reelected president of the Indiana
Swine Breeders Association last
night at the annual meeting in the
Claypool.
Other officers reelected were
Seth Hadley, vice-president, and
Levi P. Moore. Rochester, secretary
Addresses were given by Lieuten-
ant-Governor NJ. Clifford Town
send. Professor w. w. Smith and
James R. Moore, Hoosier Farmer
editor.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-01-02
Steps on Nail; Foot Infected

James Scully, 10, of 1884 Ralston
avenue, was taken to city hospital
last night with an infected foot,
resulting from stepping on a nail in
his home.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-01-02
POLICE CONTINUE HUNT
FOR CITY YOUTH, 16

Foul Play Feared in Disappearance
of Walter Kepner.
Search for Walter Kepner, Is, of
43 North Denny street. missing since
Friday, today was continued by
police. who fearing he may be the
victim of foul play.
He was driving his fathers car
and had $40, given to him to pay an
insurance premium, when he dis
appeared.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-01-02
RUSTY NAIL WOUND
DEVELOPS LOCKJAW
Youth Injured Sept. IS Taken to
City Hospital.

Suffering from lockjaw, Dallas
Dixon, II, of 407 North Pine street,
was taken to city hospital yesterday
His foot became infected after he
stepped on a rusty nail Sept. IS.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-01-02

Since Lao winter an astounding advance has been
made inyne treatment Of coughs, colds
The way has been found TO use Primary VITA.
MIN A the "Anti-Infective' vitamin. It is the
weapon that Nature herself uses to fight coughs
and colds
Smith Brothers Cough Swap noe contains this
Primary Vitqmfn A.
Now Smith Brothers Cough Syrup not only gives
you fast pleasant cough relief Its Primary Vitamin
A aids Nature in DRIVING the cough and cold
out OF the system faster. And it raises your re-
sistance against re-infection.
The only cough syrup giving you the priceless
benefits of Vitamin is SMITH BROTHERS
St. Croix tribune. [volume] (Christiansted, St. Croix, V.I.) 1922-1937, 1934-06-09
ARTIFICIAL INsEMINATIoN OLD

The English are somewhat surprised
by the recent newspaper stir caused in
this country by the birth of test tube"
babies. According Norman Hare.
President of the World League for Sex
Reform, artificial impregnation has been
practced for years in England. 10
many cases where there was no heir O
the title Of an aristocratic family artifi-
cial dissemination was resorted to. 1t
has also been used where there were
certain family weaknesses on the side
of the husband which were apt to be in.
herited by any offspring. Then, 100 it
lion" is a delicate one which may lead TO
serious consequences as well as failure
unless performed by skilled medical
hands. Pathfinder.
St. Croix tribune. [volume] (Christiansted, St. Croix, V.I.) 1922-1937, 1934-06-09
White Teeth turned
dull by film

Pepsodent. 1t acts to curdie film
so that brushing easily removes it.
Start today.
Pepsodent contains no pumice,
harmful grit or crude abrasive. 1t
is so safe that dentists recommend
it for cleaning the soft teeth of
children.
accept PepsOdent Test
To prove results, send coupon for
Today free test or buy a tube-for
sale everywhere. Do this now for
your own sake.
St. Croix tribune. [volume] (Christiansted, St. Croix, V.I.) 1922-1937, 1934-06-09
RADIO NEWS

Havana. Cuba:-A MOB. said by Tie
police TO nave been composed of dis
grlntled former employees. charged into
the office If the Public Works Depart.
m nj mere today. shot II death three Of
Iicllis, ani seriously mi red two others.
Af'er the attack the g NJ flet into the
open country. pursued by soldiers AMI
St. Croix tribune. [volume] (Christiansted, St. Croix, V.I.) 1922-1937, 1934-06-09

CCTENCE has made significant
- discovery. The cause of dull,
discolored teeth is found to be the
chief cause of serious tooth and
gum disorders. That cause is a
film that forms on teeth.
You can feel film with your
tongue a slippery coating. 1t
clings to teeth, absorbs stains from
food and smoking, and turns white
teeth "off color" Germs by the
millions breed in it, and they, plus
tartar, are the chief cause of pyorrhea.
To remove film, use the special
film-removing dentifrice called,
St. Croix tribune. [volume] (Christiansted, St. Croix, V.I.) 1922-1937, 1934-06-09

police. who had not been able to appre.
herd any Of uem ate today. hose
killed we're Ser 8ecio. chief of the
Punhc Works, uis Alverez Pargas,
maraeer Of ,te uct. and Serapio
Quesaca, ore, nief Clerks.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-17
BANKING POLICY
OF NEW DEAL
SWINGS RIGHT
Appointment of Black Seen
As Definite Move Against
Initiation.

b. g-rirrs-H0vqrf Ne'rspGper Alliance
WASHINGTON. Aug. I7.-ROose-
welt administration financial policy
took a decidedly conservative trend
TO-DAY.
il appeared 20 be swinging against
Initiation.
This was the Interpretation placed
upon the newest attempt Of the ad-
rrir.sfra-iOn % enlist bankers behind
the r-cOyery program through the
services Of Eugene r. Black. retir-
ing Governor Of the Federal Reserve
Board. who had been delegated BY
Precedent Roosevelt 20 act as lalson
officer between the administration
and financial institutions.
1Ir. Black VIII assure the banks
that administration financial policy
is 20 be conservative. u Was learned
aufh0ritatlveiy.
HIS task will be TO aCquaint bank
ers with the purposes and aims OF
the administration and % keep the
administrator advised OF the prob
lens o. IGlE DaA4kFA To LA4r fAAA A44all
the bankers VIII open up their
purse-strlngs and furnish needed
capital 20 stimulate the capital
goods industries. The banks have
been -hesitating." is the way ad-
ministrati0n officials prefer 10 put It.
Beyond the administration evl-
dent attempt 20 court favor with
the banks there have been several
signs Of a more conservative turn
in financial policy. The admins
tratlOn privately has sought for sew
eral DAYS 20 remove any real infia-
tionary complexion from its recent
naturalization Of silver.
The reason is obvious. Not only
IS banking support needed 70 re-
vive the capital goods Industries
among other agencies, through the
housing cOrporation-but the gov
eminent needs the help OF the bank
ers in its rcfirancing. Large bond
issues are imminent to finance the
recovery program.