davidaulloa/AmericanStories huggingface dataset:
Evening star., 1934-05-23
NEW INDUSTRIES
BOARD PROPOSED
Federal Officials Consider
Agency to Encourage
Development.
BY CHAS. p. SHAEFFER,
Associated Press Financial Writer.

Official Washington is giving con-
sideration to the development of
promising inventions and new non
competitive industries TO absorb un-
employment.
Divisions particularly interested are
Secretary Ickes' subsistence homestead
and the Emergency Relief Administra-
ton, with an experiment in growing
fax already under way. Flax has a
s50.000.000 to $100,000,0o0 market in
the United States, where none IS
grown.
DR.. AXel Oxholm, head of the in
dustrial development division of sub
sistence homesteads, believes addi-
tional opportunities might exist in
handicrafts and in fostering certain
ind -stries in the food, machinery and
leather fields. He has an idea the
Government might follow some foreign
nations in helping inventors determine
the worth of their ideas and in ex-
tending financial assistance to those
OF merit.
A plan conceived by Herbert Wachs-
mann, an industrial engineer, to set up
a new industries board" in the Gov
eminent is another method receiving
consideration. Incorporated in a bill
introduced in the House by Repre-
sentative Oliver, Democrat, of New
YORK, it would have the Government
estaollsh the board and provide $780,
OOO Tor two years operation. With
the board, producing enterprises would
list products which might be expanded
and individuals or firms could submit
any patents, plans or ideas that might
lead to non-competitive new industries.
The board would route those it ap-
proved to cooperating enterprises for
production and sale or development.
The submitter would get a minimum
royalty on sales. To defray expenses
OF the board Congress would place a
D per cent tax on producers sales.
OXholm declared the Wachsmann
plan seemed very sensible, but sug-
gested $4,000 should be enough to
operate the plan, and also registered
objection to the tax feature on the
ground that the Government should
nave no stake in any new industries
That might be formed.
Some authorities declare as nnanv
as 200 new industries might be de-
veloped in the United States. In ad-
dltlon to fax, pigskin, cordovan and
certain fooled leather industries af-
1ord examples of foreign develop
ments that might be launched In this
country
In this connection it is declared
that some league industries have
passed up opportunities to sponsor
new ones by buying up and shelving
patents that might be turned advan-
tageously to commercial use.
Evening star., 1934-05-23
DOLLAR ADVANCES
IN LONDON MARKET
Closes at 5.0s3s in Terms OF
Pound, or 11a Cents Higher
Than Yesterday.
By the Associated Press.

BY the Associated Press
LONDON, May 23-The United
States dollar gained 1l2 cents to the
pound today to close at 5.O94s TO
the pound as compared to yesterday S
final quotation of 5.107s. 1t opened
today at 5.10hs.
Bidding came early from the Con-
tinent Ane, from the firmer opening,
the rate strengthened appreciably on
what is considered the mild charac-
ter of the washington silver proposals.
1t closed at the best for the day.
Gold currencies improved against
the British pound and the French
franc closed at II to the pound COM
pared with yesterdays close OF 77.l2
on French buying to transfer funds
to France, accompanied by rumors OF
a pending reduction in the French
bank rate.
The price of gold advanced 31z
pence to 1856 shillings 6i3 pence
(S34.83) a fine ounce, due to the
improvement of the franc and an
amount valued at $3.50 (s2,S82,-
2O6.25) was sold to be taken to France.
PARIS, May 20 tR).-Three per
cent rentes, II francs 95 centimes;
Az per cent rentes. 90.05.
Exchange on London, 77.oo. The
dollar was quoted at l5.lOl2.
Evening star., 1934-05-23
CURBL|ST DRIFTS
follower LEVELS
Shares Display Stronger
Resistance as Trading
Gains at Close.
BY G. A. PHILLIPS,
Associated Press Financial Writer

Associated PreSS FINANCIAL Wrlter.
NEW YORK, May 23.-Curb Ex-
change stocks closed lower again to-
day, although better resistance to the
downward trend was shown in the
final hour of trading than had been
evident in the past two sessions.
Trading picked up slightly.
Aluminium Co. closed at $685., off
15s; American Gas, 221a, of rs;
American Super Power, 29s. up 1s;
Electric Bond g. Share, 1875, off as;
Great Atlantic & Pacific, 1884,, up y;
Hiram Walker, 31A, off u: Inter
national Petroleum, 261A, up "a: Lake
Shore Mines, SO, up "; Montgomery
Ward "A,' 10TH, up IA; New Jersey
Zinc. 49k. off y; Niagara Hudson
Power, 515, of, "a; Pan American
Airways, 377s, up 27s; Pioneer Gold
12as, off Y; Pittsburgh Plate Glass,
ATS, off 7s; sherwin Williams. 65 =
off 212; A. o. Smith, "a, of ! Stand
ard Oil of Indiana, 26H4, up Is.
Evening star., 1934-05-23
COmmodify Eufur,x

Associated Press: ''''
COFFEE--Spot steady; Rio No. =, 10h.
santos santos No. 4 l1h-hz. Rio futures closed
no no ssles; e May: 5n; July. s29r
3 S;s6n. Santos futures steady; sales, 1000
112ii ctli1I5s 5scepheE g II y 81; March. II s9n
resuIar. 1851 lower May. IL .9On: July.
12.o5-0S: September. 12.35-37; October,
l2 AN. Smoked ribbed. spot. closed 10 70n.
SUGAR-Futures closed steady. un-
9hapSed a5S to tel lower; sales $3.50 tons May:
December. 1866 January. 1.67b; March
1.72b.
RAW sLK-Futures closed easy, to
III 2,liv lower; e,, sales . 500 bales May 23b;
market quotations f60-day basis. shsns-
hal steam fllature IS per cent seriplare
20-22, 1.30; Canton double extra "A"
14-16s. 90: Japanese special crack double
extra s. per cent 13-15s. 1.34.
SILVER-Futures closed easier. 90 to 40
lower: sales. 6275 900 ounces. Nav
A .95; July. 44.95 September. As 10: Oc-
tober. 45.15b; December, 1925; January
As .35n.
b-iBd. Nominal.
Evening star., 1934-05-23
U. S. TREASURY NOTES.
HEADS EXCHANGE GROUP.
tReported BY chas. D: Barney g. co)

NEW YORK, May % CP.-Erastus
T. Tefft, chairman of the Committee
on Quotations and Commissions of the
New York Stock Exchange, has been
elected chairman of that groups Sub
Committee on Customers Men, which
supervises the relations of stock ex-
change firms and employees within the
classification of customers men"
Evening star., 1934-05-23
FOREIGN EXCHANGES.

NEW YORK. May 23 G41.-Foreign ex-
change irregular; Great Britain in collars
others in cents
Great Britain, demand 5.O9A; cables
5.0914: 60-day bills 5.OSls: France. de-
mand. 6.611a; cables. 6,6Ifa; Italy. de-
mand. S.52la, cables S.52h.
remandS-Belgium. 2345; Germany
Sweden. go; Denmark. 2276: Finland
22S; Switzerland 81 60; Spain, 1872
Portugal 465; Greece. .95; Poland 1900
Austria, I9o5n s Hungary. Rg
mania. 1.O1; Argentina. "a O0n; Brazil
S66n; Toxic. 1929; Shanghai, 33.25i
Hongknng. 300; Mexico City (silver peSo)
2S 90; Montreal in New York. 100.1212
New York in Montreal. 99.S712.
Evening star., 1934-05-23
GASOLINE MARKET GAINS.

NEW YORK, May % R.-Major
bill companies, with distributing plants
IN the Middle West, report an i'm
provement in the gasoline market in
that area. The trade believes this
trend may eventually lead to a re-
storation of prices to where they were
before keen competition forced reduc-
tions.
Evening star., 1934-05-23
SECONDARY BONDS
HEAVY AT CLOSE
U. S. Governments and
Prime Corporate Issues
Retain Firm Tone.
BY BERNARD S. O'HARA,
Associated Press Einan Writer.

NEW YORK, May 23-Pressure on
ow-priced bonds continued to the
close, and final prices were down
from fractions to a point or more in
this section of the list.
U. S. Governments and prime cor
porate loans were firm throughout the
session Treasury issues generally
were up 1/32d to 1925 of point at
the finish.
The major trend was downward in
the foreign list, with the heaviest
losses in German governments, Bel
gium rs and French Is.
Evening star., 1934-05-23
FREIGHT L0ADINGS.

NEW YORK. May % L0-New York
Central Railroad Co.'S freight loadings
last week lotaled 9S,54S cars. against 9b,-
S47 in the previous week and S5.408 in
the like 1888 period.
For the same period Chicago. Burling-
ton g. Quincy loaded 1921 cars. COM
pared with 1s,S00 in the preceding week
and 1S4I9 in the same week last year
Loadings on the Pennsylvania Railroad
for the week ended May 10 totaled 9l.47a
cars. compared with 90,7S6 in the pre-
vious week and S3.33l in the same week
year ago.
Evening star., 1934-05-23
TELEPHONE DIVIDEND
IS REPORTED OMITTED

BY the Associated Press.
NEW YORK, May ga Dow,
Jones & Co. dispatch from Chicago
today said that Illinois Bell Telephone
Co. directors omitted the quarterly
dividend on the common stock. The
company had been paying at the rate
OF 50 quarterly.
Evening star., 1934-05-23
METAL MARKET.

NE wYORK, May % 0P.-Copper quiet;
electrolytic,. spot and future. Blue Eagle,
81; future $500 Iron firm. un-
changed. Lead steady; spot. New York.
400; East st; Louis, 3.s5. Zinc quiet;
Antimouy, spot s.75s
Evening star., 1934-05-23

Dividend rates In dollars based on las,
ouarter4y or semi-annual payment tPartly
extra tPlus ~ In stock q Payable IN
81 in stock. Plus 81 In stock. Pay
abe IN scrir iP.ua 81 In stock, kPsid
this year-no regular rate b Accumu-
lated divtdends paid this year n Plus 1O%
rate. Companies reported IN receiver
ship stocks fully listed on the Curb Ex-
change: others are dealt In as unlisted
Evening star., 1934-05-23

Commonwealth & Southern Cor
poration-Common share earnings, IL
months ended April 80, were s1l.51 VS..
S1286.
Evening star., 1934-05-23
OMMODITY PRICES

NEW YORK, May 23.-Index of Is
STAPLE commodity prices December 81
J93 J93i: equals 100; 1896 average equals
Evening star., 1934-05-23
PRODUCE EXCHANGE

NEW YORK. May % lP,.-Produce Ex-
Change stock list:
CLOSING Quotations)
Evening star., 1934-05-23
N. Y. EXCHANGE BONDS
Received by Private Direct The Evening Star.
U. 8. GOVERNMENT BONDS.

High. Low. Close.
Federal Farm Mtge
Corpn 3As 64. l01 16 l01 IL lOl 10
Home Owners Loan
Evening star., 1934-05-23
BONDS (Actual Salesl,

70o9 099 Agrf Ap afS pl os a. - 81 s. s.. s.. g..
1000 Fox MP 6l2s'32cf "a 33l2 33l2
1900 Shamrock IS 80 40 40 40
Total sales bonds, S14.500.
Evening star., 1934-05-23
DIVIDENDS ANNOUNCED

NEW YORK, May 23.-Dividends de-
clared. Compiled by the Standard Sta
tistics Corporation)
Resumed.
Pc Stock of Pay
Rate .riod record. able.
Bishop Oil ....... 95 :. 5-24 5-31
Omitted.
Illinois On
Evening star., 1934-05-23
NEW YORK May % (P.-Over the
ma RI
FEDERAL LAND BANKS

NEW YORK. May 23 iP.-Federal Lane
Bank bonds
Evening star., 1934-05-23
Accumulated.
Regular.

Amer Fork e. Hoe. 300 .. 5-23 6-1
Oneida Commun pfd so =. 5-3I els
Increased.
Union Carb g. Carb 35 o. 6-I 7-2
Evening star., 1934-05-23
INVESTMENT TRUSTS

counter market: ~
Evening star., 1934-05-23

Del Il Hud ref IS ~.
Del IL Hud b !. 8 81. ct
denmark An 8 So.
Denmark 3 " 8 '65.
denmark IS ~.
Den h Rio q en- 4s'36
Den Il X q 4h s 'S6..
Den Il K q W os 3d..
Den h X g w bs 7x..
bet Ed ANS - 81.
Detroit Ed RI 6s '49..
Dodge Bros IS 4G.
Duouesne $ A'67.
D EI I51hs'53 Mar.
Dutch Est Ind is At.
Dutch Est Ind 6s so.
Ea st c Sug Z hs ST..
Erie con 4s '96.
Erie gen IS IS.
Erie ref bs '67.......
Erie ref 6s'76......s
Erie & Jersey Cs '55.-
Finland dths'6S....s
Evening star., 1934-05-23

Finland bAs 'ss..-.s slM ,s1.l 81
The Washington times., 1934-09-07
HARGRAVE NEW
POST HEAD

William H. Hargrave assumed
his duties today as the new COM
mander of Fort Stevens Post, No,
30, of the American Legion, hav-
ing been installed last night at
exercises in which j. O'Connor
Roberts, District department COM
mander, officated.
Other officers elected unani-
mously and installed with Mr..
Hargrave were Charles J. Warren.
first vice commander; Joseph N.
Purks, second vice commander;
Vaun P. Cafferty, third vice COM
mander, and Roy C. Ponton, chap
lain. Joseph P. Cavanaugh, was
appointed to the office of ad-
jutant.
Talking briefly on proposed
legislative and civic activities in
which the department is inter-
ested. District Commander Roberts
outlined measures concerning the
Legion boxing feature which will
be sponsored in the fall.
Eugene Minoux, president of
the Georgia Avenue Business Mems
Association, addressed the veterans
concerning the recent convention
and parade which his organiZa-
ton SPONSORED.
The Washington times., 1934-09-07

OAAC NNooOo Gil
der valuable service to stu
dents attending Western and Cor
don Junior High Schools, who
would be almost unable to reach
the buildings should the busses be
discontinued.
Want Cars RerOuted
The association also recommend
ed that Potomac Heights and
Cabin John cars be routed via
Wisconsin Avenue to M Street, at
any point between Potomac and
Twenty-seventh Streets, thence to
Pennsylvania Avenue and the
Peace Monument, to provide SER
vice for those employed in the new
Government buildings Oh the Ave
nue..
Ellis R. King said three churches
of the community, St. David's,
Episcopal, Our Lady of Victory,
Catholic, and the Community
Church had assured him of their
support in the action taken by the
association.
William A. Roberts, Peoples
Counsel, in brief address said
the busses afforded the commun-
ity good transportation facilities
and should be retained. The Pub
lie Utilities Commission, he said,
would welcome recommendation
at the public hearing September
10. The editor of this column also
made short address on transpor-
tation problems of the District,
Federation to Meet
President King named as a COM
mittee to represent the association
at the hearing, Frank Shull, chair.
man, w. A. Smell, j. w. Roberts,
E. S. Hobbs, Mrs. Hans SorenSon
and Peter MalevitiS.
The Federation of Citizens AS
Sociations will meet tomorrow
night in the board room of the
District Building, the public. util-
tiles committee will report on the
proposed plans for rerouting street
cars and busses as the principal
matter to come before the meeting.
James G. Yaden, president, Will
preside.
The Washington times., 1934-09-07

HAGERSTOWN, Md, Sept. 6.
Mistaken for another man, Pres
ton E. Cloud was kidnapped on the
street near his home in Waynes-
boro, Pa, and released the next
day near Hancock, this county,
where the abductors discovered
their mistake.
The story of the kidnapping be-
came known when Mr.. Cloud
reached Hancock, notified his
family by telephone that he was
safe, and then came to Hagerstown
and was met here by his wife.
State and county police imme-
diately took up the trail of the
three men Mr.. Cloud said forced
him into an automobile in
Waynesboro with a gun in his ribs
and warning to keep his mouth
shut.
Police believe the gang mistook
The Washington times., 1934-09-07
YAWN PARALYZES

LYNN, Mass, G.N.SO.-When
John R. Hurlburt yawns, it's a
yawn extraordinary. Hurlburt, as
Sistant secretary of the Lynn
Chamber of Commerce, awoke one
morning and uttered sleepy, "Ho
hum" Immediately he began to
feel queer. He could not move an
arm or leg. A doctor called by
Hurlburt's wife snapped two of
Hurlburt's ribs into place and
Hurlburt regained full use of his
limbs. The yawn was responsible
for the seeming paralytic attack.
The Washington times., 1934-09-07
Taxi Man Cleared
In Traffic Death

William Hoffman, "a, of the 900
block Fifth st. N. W., driver OF
the taxicab that killed Carl Will
son Oney Tuesday, 3-year.old son
of Mr.. and Mrs. Paul. w. Oney,
of the 100 block Tenth st. N. W.,
yesterday was exonerated by a
coroner's jury. The jury decided
the boy was killed accidentally.
The Washington times., 1934-09-07
WRONG MAN KIDNAPPED

Mr.. Cloud for a wealthy resident
of Waynesboro, whose name was
withheld. On the trip Mr.. Cloud
said one of his abdutors remarked:
This man ought to be worth
$4,000.
The Washington times., 1934-09-07

which is en-
tirely satisfac-
tory to the
residents, with
alternate buses
o p e r a t ing to
Thi r t y sixth
and M Streets,
and ou gh
t h e Burleith
section to the
central part of
the city.
Several men,
erS of the Par
ent-TeacherS AS
Sociation S a d
the hllSSeS rem
The Washington times., 1934-09-07
FIGHT
CONDUIT ROAD
BUS GUT
BY A. J. DRISCOLL
Citizens Association Editor

Conduit Road Citizens Associa-
ton in special meeting last night
IN Community Church passed
resolutions opposing curtailment
OF the Conduit Road bus service
The Washington times., 1934-09-07
Town Reflects II
Veteran Manager

WINCHESTER, Va, Sept. Z.
Arthur M. Field, first city man
ager of Winchester in 1916. was
again elected city manager by the
new city council for the term be-
ginning January /, 1885.
The election of Mr.. Field was
by a vote of six to five in the
city council, after a contest waged
for the past two years by a local
faction against P. P. Pitcher, pres
ent city manager, who was can
didate for reelection.
M'CREA A DADDY
HOLLYWOOD, Sept. 7 G.N.SO.
A seven-pound son was born today
to Frances Dee. film star and wife
of Joel McCrea, screen actor.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-02-16
DEMOCRATS SELECT
APRIL 4 FOR STATE
Meeting IN MINOT
Decision Is Made by Party Exc.
cutive Committee Thurs
day at Fargo

Fargo. N. D., Feb. l6.-(P1-Assem-
bled here Thursday night the Demo-
cratic state central committee set the
state indorsing convention for April
1 at Minot and ordered county ses-
sions for selection Of delegates to the
state session set for March Z.
All members of the committee at
tended.
Three hundred fifty-one delegates
will vote on endorsements for nomi-
nations at the Minot session. The al
lotment Of delegates. the committee
announced, was based on the Demo-
cratic vote cast for candidates fo1
congress in the 1882 general election
In addition to the delegates thus
named. those seated as delegates will
include members Of the state central
committee and the chairman and Sec
rotary Of the Democratic COMMITTEES
in each Of the So counties.
1T Is recommended" the commit
tee said, that at each county con-
yention action be taken to place be-
fore the voters of the legislative dis
trict q complete legislative ticket
either by nominating such proposed
legislators ct the county convention
or by selecting q proper committee
fully empowered to select candidates
ard to prepare and file the necessary
petitions"
Members Of the central committee
are +. w. Mclean Of Fargo, chair
man; II. H. Perry Of Fargo. 8. ]. Doyle
Of Fargo. q. s. Woolcdge Of Minot
Nellie Dougherty Of Minot, Mary Ness
Of Grand Forks: w. E. Glotzbach Of
Ananoose. w. Z. johnson Of Ashley
DR.. r. H. Leavitt Of Carson. John
OKeefe Of Cavalier, and Charles Otto
0f Valley City.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-02-16
Federal Feed Relief
Man Dies at Edgeley

Mandan, N. D., Feb. l6.-(R-sid-
ney B. Parkin, So, Mandan. inspector
for the federal feed relief department,
died at Edgeley Thursday from heart
disease.
Coming to Mandan about IS years
ago with his parents. Parktn was edu-
Gated In the Mandan schools and
Shattuck military academy, Faribault.
Ninn.
He engaged with his father In
|ranching on the Standing Rock IN.
dian reservation. now part Of Sioux
county. and was among the largest
operators IN this section Of the state.
He served Is deputy sheriff Of Sioux
county in recent years.
He leaves one son, Walter w, Of
| Glendale. Calf, his mother and two
sisters, Mrs. r. 3. Bunting and Mrs,
10, D. Cooley. both Of Mandan.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-02-16
FRENCH PREMIER IS
ACCORDED SUPPORT
IN FIRST BIG TEST
Chamber Of Deputies Gives
Confidence Vote; Turns
Toward Germany

Paris, Feb. 16.-P)-Premier Cas-
ton Doumergue. armed with the big
stick OF popular support in France.
showed firm hand to Germany Fri
day.
His new ministry, with Its eyes
fixed closely on Austria's troubles,
openly charged Chancellor Adolf Hit
Ter with having rearmed Germany.
Hence, said a note to Berlin draft
ed as one Of the cabinets first acts,
further Franco German talks on
arms are useless.
Friday the 71-year-old premier
worked to define a foreign policy
which will give us the necessary au-
thority to play q useful role in the
League Of Nations and international
conferences"
The German rearnament charge,
hurled In reply to a Hitler memoran-
dunn in regard to further discussions
on disarmament, was revealed while
cheers Of the chamber Of deputies
still resounded in the ears Of the cab
met Thursday night.
In the Doumergue governments
first encounter with parliament 1t
won the almost unprecedented sup
port Of all save 1913 Of the sos depu-
ties.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-02-16
Stock Manipulation
Is Barred by Inquiry

washington. Feb. 16.-R-EN-
dence that officers Of American Com
mercial Alcohol corporation had
hidden interests" in the profits from
q syndicate organized to underwrite
an issue Of the company stock was
presented Friday to senate investi-
gators.
Russell r. Brown, chairman Of the
board. gave the senate stock market
investigating committee the names
Of company officers who participated
in the pool under the names Of
others.
The syndicate had . contract TO
get . commission Of 81 = share for
selling 40,049 shares to the company's
existing stockholders, It was devel-
oped.
The stock was offered at 40 when
It was selling on the market at from
80 to $33, which Ferdinand PeccFa.
committee counsel. contended elimi-
mated I'll chance In the undertaking.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-02-16
Father COnfesses
To Murder Of Sor

Rockford, Ill. FEB. 16.-(R-Charle.
Backus. . middleaged vegetable ped.
dler, stood near the Ice covered river
here, pointed to q hole In the Ice, and
told police:
Il put 1t there. I was scared"
The 1T" was the body Of his eight.
year-old son, Charles, Jr. who hal
been missing eight days. The father
had persisted In denying knowledge
Of his sons whereabouts.
There was no trace Of the body
however, and the river was to be dy.
namited Friday In m effort to bring
1t to the surface.
A verbal confession which an Off.
Ger Of the highway patrol attributed
to Backus. still left details Of thu
manner In which the boy died vague
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-02-16
|BADLANDS Will HAVE
TWO CCC CAMPS soon
Representative Of National Park
Service Ordered to Medora
TO Select Sites

TWO Geo camps will be stationed
In the North Dakota Bad Lands the
coming spring and summer, accord.
ing to word received here by Carl B
Olsen. from Congressman ]. H. Sin.
clair Thursday.
The wire stated that the National
Park service, Senator Nye and Sin
clair had decided on Z tentative plan
for the establishment Of the camps
and that = representative Of the park
service In Denver had been instructed
to proceed to Medora to complete
preparations for establishing the
camps.
Olsen was asked to contact the rep.
resentative upon his arrival ct Me-
dora and cooperate with him IN OBJ
tanning suitable camp sites. The wire
said the camps were being established
70 start work on the proposed Bad
Lands park.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-02-16
White House Opposes
Railroad Wage Slash

Warrington, Feb. l6.-(RAA White
House plea that railroad wages b
continued without further reduction
will receive consideration BY rail
chiefs.
Railway executives gathered In Chi
cago let It be known Friday that
Rooeevelt's proposal would be placed
for discussion alongside one Of their
own-a Is per cent cut In the basic
pay rate effective July !.
Only by federal Intervention was
quarrel between railroad executives
and their employees settled last fall
with agreement On : 10 per cent 10
duction IN the basic rate. The rail
chiefs now propose another five-per-
cent &lash.
Employe views, voiced through A.
=. whitney. chairman az railway h
Dor executives, we're that .tne xau-
roads aye not suffering from thu voge
scales paid their ennployes."