davidaulloa/AmericanStories huggingface dataset:
The Western news. [volume] (Libby, Mont.) 1933-current, 1934-08-02
Another Objection

Obviously. II this had not been true,
the Wall Street gamblers would have
rushed into the commodity market and
cleaned up on the subsequent rise.
But there is another objection to the
criticism Administration officials point
out. though not for quotation, that II
the United States had taken large
amount of tin from the British govern
Dment rs part payment on the war
debt, at the rate of % cents a pound,
the British government would now
have an additional argument for con-
cesslons on the remaining debt. 1t
would contend that the United States
government had "profteeredn ON the
British government both coming and
going.
1t would point out that at the time
OF the original incurrence Of the debt
the United States charged England
huge prices-those prevailing In the
war period and Immediately thereaft-
err. When the time came to accept
payments In kind, the British would
point out the American government
took payment In commodities at rec
ord low prices for those commodities
and would say that even now the
price of tin had recovered to nearly
two and one-half times what the Unit
ed States government had allowed 1t
on war payments.
Present supporters Of the plan in
slst that any nnsettling influence
which 1t might have on maintenance
of the balance OF trade would be no
greater than that likely to result from
the operations of the new British
Dutch rubber restriction combine and
from other foreign cartels monopoliz-
Ing the supplies Of numerous products
this country does not produce. They
insist that payment of the debts lin
kind" In way would be protection
against such foreign monopolies.
The Western news. [volume] (Libby, Mont.) 1933-current, 1934-08-02
SEEN and HEARD
around the
National Capital
- BY CARTER FIELD

MISUNDERSTANDING that the
United States would take part pay,
ment OF the European debts ain kind
might, had 1t been adopted have been
very profitable for this government
mad 1t been worked out six months
back.
AL the time that there was consid-
cradle discussion of payment In goods,
prices OF many raw materials essen
tial to American Industries were at all
time lows. Rubber was cents a
pound. The price Of tungsten ore
was $240 a ton. Tin was % cents
pound. Mercury was s45 a flask.
With 1884 half gone, rubber was 80
cents a pound. Tungsten ore was
$l,O20 a ton. Tin was So cents a
pound. Mercury was SIS, and prices
were still climbing.
Manganese ore, mica, nickel, chrome
ore and other raw materials also quail
ify for this list of commodities that
the United States imports In large
40HtitiNfs 'ihtt &Outu uuNt UGcU ldk-
en- In trade, as part payment on for
eign debts, and which have also adj
vanced sharply in price since the "in
kind proposal was made by Secretary
Hull AS matter OF fact, however,
the total Of them all would be only
small fraction of the war debts.
Critics are pointing out the nice
profit the government could have made
by accepting such payments In kind
back In December and then retailing
the commodities to American manufac-
turers at the advanced prices. They
do not say anything about what would
have happened had the price of the
commodities declined while the govern
ment held them. although. obviously.
at that time the best business judg-
ment, and certainly the best snecula-
tive judgment. was that there was lit
tie prospect for such advance In prices.
The Western news. [volume] (Libby, Mont.) 1933-current, 1934-08-02

L
seller was getting paid In pounds.
No international Money
But since the United States went of
gold, and gives every indication of
staying OF, there is no such interna-
tional money. as for various reasons
Dutch guilders and Swiss francs do
not seem to lend themselves advan-
tageousiy to foreign trade.
So the crying need of the world Ii
for some international unit of money,
which will remain stable, and which
will permit one national selling to an
other without a double gamble on ey-
cry transaction-one In the currency
OF the seller. the other In currency of
the buyer.
Hence the Imaginary coin" It Is
imaginary because 1t will not be coin
at all. None will be coined or printed.
1t WILL no more be needed In metallic
or paper form than the Chilean grape
grower needed to see the five-pound
notes that represented the price of his
grapes sold to Mexico. He will dis
count his draft made out In terms of
these imaginary coins at the bank and
receive the current value of his local
currency for 1t, just as he did for
pounds and dollars. i
But the Imaginary coin" will have
fixed value In gold. 1t will be def
mite weight of gold. This will not elm
mate the risk of fuctuation In cur
rencies, but the risk will be a single
gamble instead of double or triple
one. 1t will involve only the fuctu-
ations of the dealers own currency In
terms OF gold. The seller will not be
the slightest bit concerned over fluctu-
atoms of the buyers currency. Nor
the buyer In the fluctuations of tie
sellers currency. Nor either buyer or
seller In the currency of any intermedi-
airy.
The Carolina cotton grower, for ex-
ample, selling cotton to England.
which may fabrIcate 1t and sell 1t to
Norway. Is not concerned either with
British or Norwegian currency fuctu-
atoms.
The Western news. [volume] (Libby, Mont.) 1933-current, 1934-08-02
~ Keeps Ny Skin So Smooth =.

Long before this contest was announced. ons
girl wrote, MY skin is delicate and to keen
II soft and well-cleansed, must use soap
o. unusual mildncss. That's why prefer
Aamay to any other beauty soap. 1t keeps
my skin 70 smooth and clear.
Thu letter may giss yox q hins for pour ent,v.
The Western news. [volume] (Libby, Mont.) 1933-current, 1934-08-02

and in your bath. Feel its rich,
caressing lather. Feel how gently
it cleanses your skin.
And then tell us why you con-
slider Camay the finest beauty soap
for your skin. Write your reasons
on a plain piece Of paper and at
tach to it, green and yellmo Camay
iordppcrs or 8 copies of the wrap
pcrs, drawn by yourself.
It's easy. For it's just your
honest opinion we want, as simply
told as you'd tell a friend why you
prefer this pure white beauty soap.
And you have 554 chances to win!
The Western news. [volume] (Libby, Mont.) 1933-current, 1934-08-02
Big Gosh Prizes all given to Women like Yourself
for Writing short, Simple Letters about comoy!
This and 553

N HILLIONS OF women use
Y Camay, the Soap Of Beau
tiful Women. It's SO mar
velously mild--so delicately per-
fumed-so generous OF lather. But
to get 100000 more women to
try Camay, this extraordinary
Prize Contest is offered.
Think Of 1.-THE First Prize is
$1,000 every year az long as you
liDci And that's only the first prize
one of 554 prizes in all to be
paid to women like yourselfl
The Western news. [volume] (Libby, Mont.) 1933-current, 1934-08-02
Every Woman Con Win New
Skin Beauty with Ccmuy

Even if you're not among the
money winners. this contest will
help you to discover the one soap
that Is best for your skin. Camay
Is almost sure to do for you what
1t has done for thousands Of wo-
men--give your complexion q
fresh, clear loneliness! y
The Western news. [volume] (Libby, Mont.) 1933-current, 1934-08-02
Imagine what II Means
To Win $1,000 q Yeorl

Why, If you won that first prize,
all the things you have longed for
would be.yours. A new cara long
vacation-more comforts for your
seH-and greater advantages for
the children.
The Western news. [volume] (Libby, Mont.) 1933-current, 1934-08-02
Harvard Steps Up

The Harvard branch OF the brain
trust Is actually more important today,
due to the far-reaching powers In the
hands OF James NJ Lands, than the
Columbia branch, which started Oft
back In the campaign OF 1882 as pretty
nearly the whole show. incidentally,
this Importance Of the Harvard branch
Is due almost entirely to DIR. Felix
Frankfurter Early In the game the
Columbia members became worried
about Frankfurter's influence with the
President and many were the schemes
to run him on some secluded sidetrack.
Thus they persuaded the President
to offer Frankfurter the Job of Solici-
tor-General, No. man at the Depart
ment Of Justice, ranking above the as
sistant to the attorney general and
q whole flock of assistant attorneys
general.
They knew that Frankfurter's ambi-
tion is eventually to sit upon the Unit
ed States Supreme court bench, and
they figured that he would regard the
solicitor-generalshi as a long step In
this direction. Meanwhile, they would
have Frankfurter SO busy arguing be-
fore the Supreme court In behalf Of
the government on constitutional ques-
lions that he would have little time to
run down to the White House and
horn In on policies they were trying
to shape.
But Frankfurter was too smart for
them. He didn't want to be arguing
constitutional questions at a time
when constitutionality is of SO little
significance. He preferred to stay out
side and put his oar In whenever 4
particular question intrigued him.
The Western news. [volume] (Libby, Mont.) 1933-current, 1934-08-02
Miss Perkins Loses

He started out by putting his bright
| young men In key positions around the
administration. The inside story, for
instance. OF Charles E. Wyzanski, Of
Boston, who lis now solicitor of the
Labor department and potent beyond
words, has been revealed. Every one
knows that there was terrible row
and Miss Frances Perkins fought to
the limit against accepting Edward r.
McGrady as assistant secretary OF la
Dor. She wanted to run her own de-
partment and pick her own men. But
Frankfurter eased Wyzanski In as her
solicitor without a ripple Franklin
ter visualized the tremendous increase
In Importance In the Department of
Labor which has taken place, and got
his man on the job early.
Then the President asked Franklin
ter to write the Securities act. Again
he showed his adroitness. Processing
that he did not have time, he urged
two OF his bright young men. Lands
and Ben Cohen for the Job. They did
it, to the Presidents enormous satis-
faction. Lands was then appointed
to the federal trade commission, which
he soon dominated. How completely
he outwitted senators and Wall Street
representatives In the modification Of
the Securities act In the last session
Is we'll known now, though at the time,
the senators and Wall Streeters
thought they had not only won a VIC
tory but placed Lands at the top of
a long and well-greased set OF skids
Meanwhile. the Columbia branch.
while still very important, has been
somewhat battered. Raymond Moley
Is editing magazine though still fre-
quently consulted. 1t took all the
Presidents strength with the senate to
get Rexford Guy Tugwell confirmed an
under secretary OF agriculture. 9th
ers have dropped out Of sight or been
sent ON missions Of doubtful impor-
lance. The Columbia wing knows all
about the Frankfurter activities-more
than 1t would like to know. And 1t In
fearful how much OF the Columbia tent
Is going to be left when the Frank
furter camel gets through its maneu
veringsl
Copyrtrhs.--wNu ssrvics
The Western news. [volume] (Libby, Mont.) 1933-current, 1934-08-02

was paying In pounds, which he
bought with his own currency, and ths
seller was getting paid In pounds.
The Western news. [volume] (Libby, Mont.) 1933-current, 1934-08-02

Why Do You Like cumuy7
just try Camay. Use this fine
beauty soap on your face and hands
, 1934-12-16
CRIME FIGHT
LAWS DRAWN

NEW YORK. Dec. Is. R-With
President Roosevelt's call for a
unified war against crime clearly
in mind. state lawmakers through
out the nation prepared their legis-
lative programs Saturday.
Hurriedly revamping their Sched-
uies they hoped to design effective
anti-crime legislation In the short
time left before the legislators con-
vene early in 1885.
Still paramount. however, was the
question OF financing the gigantic
relief program made necessary by
the depression and the necessity for
increasing budgets without adding
further taxation loads on those
lower income brackets considered
10 be already overburdened.
Closely allied with the question
OF Misrepresentation were other
phases or social legislation such MS
job insurance. old age pensions and
welfare relief that are certain for
consideration In most legislative
halls.
Chief among the states planning
stringent Tightening Of law en-
forcement machinery are: wash
ington. Georgia, Oklahoma, Kan
Sas. Maine, North Dakota, Texas,
Ohio. South Dakota and New Mex
leo.
Creation Of central criminal bu-
reaus Is the plan in North Dakota,
Texas and Ohio. Other states pro-
pose TO form state police forces or
where they already exist. broaden
their powers and increase their per-
sonnet.
, 1934-12-16
HUEY RECALLS
RUBBER STAMP
LEGISLATURE

BATON ROUGE. La. Dec. Is. -
tPl-At the request OF Huey Long,
Governor o. K. Allen Saturday is
sued a call for a special session Of
the Louisiana legislature TO con-
vene Sunday night at 8 o'clock to
enact legislation affecting tax
measures. relief and other subjects.
The official call included 81
items OF general legislative subjects
which INCLUDED:
To enact legislation for funds
for the Louisiana tax commission
and enactment Of legislation rela-
tive to tax adjustment.
To enact legislation relative TO
education and school boards, and
affecting municipal corporations.
To provide for funds for the
Louisiana (state) Unemployment
Service.
To enact legislation for the bet
terment and improvement Of LOUIS
lana State University.
Legislation for relief Of the tax
payers who are taxed TO pay Tor
street paving.
Legislation relative TO authority
of the New Orleans levee board and
legislation relative 20 borrowing OF
money by the state departments.
, 1934-12-16
Guns AS Toys
In Nurseries
Are Assailed

CHICAGO. Dec. l5.-lPl-A a
ton wide drive is under way TO
take murder out OF the nursery.
II is being sponsored by the
Parent : Teacher association. wE.Gh
is centering its attack on toy guns,
holding that they lead, not only TO
serious accidents. but TO actual
crime.
Thus, while the agencies OF the
government. state, city and county
are concentrating movements 70 rid
the country OF its public enemies"
the parents and teachers are trying
to do their bit by putting a stop 10
such childhood games as cops and
robbers" and the like.
Pledges from school children TO
get rid OF their toy weapons once
and for all are being asked. An
honor roll for all schools which OBJ
tain pledges from seventy-five per
cent OF their pupils and parents TO
put a stop TO toy gun play has bee :
started 10 add stimulus 10 the move
ment.
We must do away with the per-
nicious game of cops and robbers y
said Mrs. w. +. Krahl Of Chicago,
humane education chairman Of the
Parent Teacher organization OF
Illinois. In one institution for the
blind there r more than three
hundred children who must go
through life sightleSs because their
eyes we're shot out by play guns"
, 1934-12-16

employment insurance cost directly,
he would be in Q position Of max
ing a double contribution because he
would help 20 bear the employers
share through payment Of increased
prices.
All Of the forms Of unemployment
insurance studied by the experts
during the months they spent In
assembling material for the coun-
Gil and the cabinet committee, which
will pass OH the plan before 1t goes
TO the president. were based on the
idea that n payroll tax would BE-
employed.
The amount or the tax remained
unsettled. with three per cent the
most widely discussed figure.
Under the Wagner-Lewis bill. the
tax would be collected from en-
ployers by the federal government
and RENTED TO these who had con-
tributed to state unemployment in
surance systems.
1t was indicated that this system
probably would be followed in the
new legislation.
The committee still was working
Saturday on studies Of old age PEN
sion. health, child welfare and re-
employment plans with the expec~
tation that it would finish its work
over the week end.
, 1934-12-16
Julian Bubble
Draws One Bid
When Auctioned

LOS ANGELES. Dec. Is. tPl-
The Julian Petroleum Corporation
or what remains OF the golden
bubble blown by G. c. Julian. pro-
moter extraordinary-wiil Pass 10
control OF the Sunset Oil company
II the federal court approves a S.
900 900 paper bid made at the pub
lie auction.
The lone bid for the remains Of
Julian Pete was made on the
steps OF the court house Friday BY
Paul o. BoXon. vice president or
the Sunset Oil company reor-
~ganization OF stockholders.
Broxon offered 5000 900 in de-
bentureS OF the reorganized con-
Germ for assets OF the old.
A bid OF Is cents on the defunct
California Eastern Oil company,
organized by S. c. Lewis as a sue
cessor 10 the ill-fated Julian con
Germ. was ignored by the a%uctioneer.
The bid was Tade by Arthur
Loeb. representative OF a group OF
stockholders who have fought for
years TO salvage assets OF the Ju-
Ian company.
Julian. whose meteoric career OF
promotion traversed most OF the
oil producing states. killed himself
In Shanghai. China, last March.
AT the time or his death federal
authorities in Oklahoma sought his
~extradition on e mail fraud charge.
, 1934-12-16
NOTED BANKER
PASSES AWAY

NEW YORK. Dec. l5.-R-An-
thony j. Drexei, ST., dean OF the
Drexel banking family. Is dead at
the age Of 70.
Death, caused by uremic poison
ing, came Friday after he had been
in a coma since Monday. He ar
rived early this month from Paris
TO consult specialists. but his con-
dition became steadily worse.
Funeral services will be held
Thursday at the home OF a niece.
Mrs. Robert X. Cassatt, Rosemont,
Pa. Burial will be in Philadelphia
where he was born september 3,
1864.
Mr.. Drexel took an active part
in the Drexel banking interests
for a number of years but retired
when he inherited a huge fortune
from his father. Anthony j. Drexell.
He was married In 1886 to Miss
Margarita Armstrong Of Baltimore.
She obtained a divorce in England
In 1917.
Surviving are four children, An
thony j. Drexel. Jr., Of Biarritz and
Nassau. the Bahamas: the Countess
OF Winchelsea and Nottingham.
the former Margaretta DreXel: and
John Armstrong Drexel and Louis
c. N. Drexel, both Of London.
, 1934-12-16
Jobless Insurance
Through RayroM
Tax Gets Approval

WASHINGTON, Dec. is. Up
An unemployment insurance plan
under which the employer would
bear the full expense-by means OF
a payroll t~ax-gained the approval
Saturday Of President Roosevelt's
economic security advisory council.
A man thoroughly familiar with
the work OF the council. but who
declined to be quoted. said the plan
would follow the general lines Of
last years Wagner-LcwiS unemploy-
ment insurance bill. The council
approved II by a close vote.
Under the proposal Of the council.
he said. the federal government
would exercise a wider control over
the administration Of the insurance
funds by the states than would
have been had under the Wagner
Lewis bill.
This measure. which failed OF en-
actment last session after sturdy
OPPOSITION by employer interests.
could have levied a federal pay
roll tax but would have deducted
from this levy any contributions 10
state unemployment insurance
funds, thus seeking TO spur the crea-
ton OF state systems.
The greater measure Of federal
control projected under the new
plan, the same source said. had
given rise TO the impression in some
quarters that the federal govern
ment would grant a subsidy TO those
states which enacted unemployment
insurance that concerned to stand
ards set up by the national law.
II was indicated that the cost OF
administering the plan probably
would be borne by the federal gov
eminent.
The plan approved by the coun-
Gil won yer another method OF in
surance after a close vote. The de-
tails OF the other plan we're not
disclosed.
The proposal that the employer
bear the full expense Of the insur-
ance hao been advanced by the
American Federation OF Labor. Sec
rotary Perkins advocated Il in a
speech Friday night. Both he and
the federation said that If the en-
ployer bore the full expense he
would pass It along to the consum-
er in the form Of slightly increased
prices and that in this manner the
workers would bear a portion Of the
expense.
The argument was presented that
since the worker made up more
than rs per cent Of the buying pop
ulace. If he contributed to the I'M
, 1934-12-16
University Of
South Mourns
Loss of Collie

SEWANEE. Tenn. Dec. -. Up
They've stopped asking. "howS old
Ftz?" az the university OF the
south. for Fitz is dead.
He was jRt a collie pup when nc
came here with a student ~ years
ago. Since then he had more oppor-
tunity TO get a college education
than any other dog In the country.
His best friend. DR.. George Kak-
er. dean o. the college OF arts and
sciences OF the university. once said
OF him he understands French and
German as well as he does English I"
Or. Baker was In position 70
know. F1tz had attended his classes
from 1922 until recently when his
aging legs grew weak beneath him
and he was content, like other old
dogs, 10 lay in a var corner and
, 1934-12-16
Corporations
Ordered Dissolved

ALBANY, N. r.. Dec. Is. p
Fifteen thousand stock corporations
were dissolved by Secretary Of State
Edward j. Flynn Saturday for fail
ure to file an annual franchise tax
return during the last five years.
Making his annual announcement
Of dissolutions, the secretary Of
state explained that the names OF
the corporations were reserved for
period Of six months during which
Mme a corporation may seek REIN
statement by payment Of all back
franchise taxes. penalties and in
terests
, 1934-12-16
MISCELLANEOUS DATA
SUMMARY

The area Of moderately high baro-
metric pressure over the central
valleys Friday morning vas central
over the eastern states Saturday
morning. attended by generally fair
and moderately cold weather from
the Mississippi valley to the Allan
tic coast. Moderately low pressure
over south-central Canada and
north-central states Saturday morn
ing has caused mostly cloudy and
unsettled weather and moderate 10
mild temperatures TO the westward
Of the Mississippi river. with light
rains IN tie central states during
the last "A hours. Additional rains
occurred again in the western states.
Brownsville 8 a. IN. tEST) sea
level pressure 3G.07 inches.
, 1934-12-16
Former Chaplain Of
West Point Is Dead

BEDFORD CENTER. ". Y, Dec.
l5.-PJ-The Rev. Or. II. Percy
Silver. former chaplain at West
Point Military Academy. died of a
heart attack at his home carly Sat
urday.
In 1901 he became chaplain OF
the United States army. serving
for ten years.
He was elected bishop coadjutor
OF Kansas but withdrew and de-
clined election as bishop coadjutor
OF Texas after serving with the
church's missionary department OF
the southwest.
, 1934-12-16

wait for death. 10 came Friday.
Many school functions wete not
complete without the presence OK the
biz collie. Faculty meetings. chapel.
dances. matriculation, fraternity
pledgings-those were a few OF the
gatherings at which Fitz was al
ways welcome.
, 1934-12-16
Young Dems Begin
Membership Drive

DENTON, Dec. Is. NJ The
statewide membership drive Of
the Young Democratic Clubs Of
Texas will be launched here next
Tuesday night. The organization
seeks to boost It's membership from
around its present figure. given as
10000. to $4,000.
, 1934-12-16
LEFT HER
THIN, WORN,

after birth OF my baby ! was
thin. nervous. rundown. The first
bottle OF Vinol tiron tonicl helped
III saxen-s strength. needed weight"
M. Gunstone. CiSneroS Drug
6tnre.-Adv.
, 1934-12-16
THE WEATHER

East Texas (east Of Tooth meri-
diant: Mostly cloudy. probably light
rains IN extreme east portion: warm
er In northeast portion and at Port
Arthur, colder in north portion
Sunday,
Moderate 10 fresh southeTly winds
on the coast.
, 1934-12-16

A man must not speak 70 his
mother-in-law among the Yaruro
Indians OF Venezuela. They must
sit facing opposite directions when
in camp.
, 1934-12-16
RuLLEIIN

(FIrst figures. lowest temperature last
night: second, highest yesterday, third
wind velocity at 5 a. m: fourth. pree-
imitation IN last "a houTsl.
, 1934-12-16
RIVER BULLETIN

There will be no material change
A. The river during the next few
days.
Flood Present 2i-Hr. 24-Hr.
Stage Stage Chang. Rain
, 1934-12-16
TIDE TABLE

High and low tide at Point Isabel
Sunday, under normal meteor
illogical conditions: