davidaulloa/AmericanStories huggingface dataset:
The Waterbury Democrat., 1934-01-02
NEW YORK CITY BANKS END. l933 7 NSHARP RALLY
Average Showed Gain of l6.O7 Per Cent Over
 Weeks Low

On, a percentage basis the New
 York City bank stock market this past week registered one of the sharpest recoveries of the year 1893. The aggreate value of the sixteen leading issues at the close
 of the year stood at $1,179,O91,000 which total represented an increase
 of $163,237,000 or 1907 per cent compared with an aggregate value
 of $1,015,354,000 established on Dec 26, which total was the low point for the year 1883. Compared
 with the closing. of. the previous week the increase amounted to
 $1O2,170,000 or 9.5 per cent. The correct average yield of the sixteen stocks of 6.79 per cent. compares with a yield of 7.43 per cent. reported on December 22. The current market value of the
 sixteen stocks in now 0.S7 times their known book value against O.79
 on December 22. Based upon cur- rent figures the sixteen stocks are now quoted at an average of 10.2 times their known ear n tngs,
 against 9.3 times at the close of the previous week.
The Waterbury Democrat., 1934-01-02

(Continued from Page D
 Financial Adviser O. M. w. Sprague, Later Assistant Secretary Thomas Hewes. a close personal friend of President Roosevelt and Attorney General Cummings, re- signed.
 Promotion of Morgenthau now leaves vacant tho important posts of undersecretary and assistant secretary in charge of internal revenue, the latter post having been. held by Hewes. Temporarily the position of undersecretary will be held by former Wall street banker Earle Bailie, formerly Of J. and W. SeligTnan and Co.,, who holds hts position Inder the title Of assistant to the secretary. Ans other assistant is rom x, smith. Rt Louis banker, who is in charge Of banking problems.
 MoFgenthau is perhaps the firN farmer 10 hold tho treasury port. folio, flo iS epthusIastically in sup- D0pt Of President HooHeveIt'f c monetary program, He la the son of inc former ambaanador to Fur. koy iundAP President wilson and received important diaplomati1 and political tTaiDIHg frein hls fnther.
 Az 0AFiiy as tes0, he dabbled in psjilioF, locally nt llFAi, whon pFoMidont Il00seyelt was defeated AH . onnAlaate for ibe yleespFenls daney, ifs association witb Mf IleosevGll has continued without lnteffupflen'
The Waterbury Democrat., 1934-01-02
BY ELMER c. WALZER .,afnsH Wsf~.Aw.x,l.l

~ OmANS~u HV6S 2 AAEAAACAmh EAAAhOF
 New York, Jan 2-The year 1888 witnessed restoration of stock mar ket prices to levels of late 1881; substantial pickup in business; and a rise in bonds and commodi- ties.
 It also brought the United States dollar to the lowest levels touched since 1865, and therein lay the prin- cipal problem facing the business and financial world in 1884. As 1893 drew to a close, inflatoin and anti imitation forces were bOlstering their lines for a fight in 1884. Congress, it was said, leaned to- ward tnfia tion, but the real key to the situation was business If indus try picks up sufficiently, experts asserted, the imitation plans would be forgotten. If 1t was not of suffici- cnt volume to please the congress- men, they added, we may yet sec greenbacks and debasement of the American dollar somewhat on the order the German mark vas de- based, the final result being re- pudiation.
 Financial history of 1883 dates from March 4, when the new ad- ministration took control. On that day all the nations banks closed. A general bank holiday was declared, an embargo placed on gold. speculation brought to q halt through closing of all eX- changes, and q campaign started against hoarders. Then congress produced a maze of Legislation that helped reopen banks and bring back order. The president was given broad powers including power to devalue the dollar by 90
The Waterbury Democrat., 1934-01-02

tContinued from Page 1.) regarding Manchuria demonstrated an unwillinSnesS to apply penalties. Furth ermore, the withdrawal of Germany and Japan, considered by Russia as aggressive nations, was taken as evidence that the league acted as q restraining influence on warlike countries. Russia has shown willingness to support any restraining influence.
 The Soviet Union. it was learned, is eager to cooperate with any group of capitalist nations outside the league in efforts to maintain peace. The United States Is out standing among such nations.
 Premier Molotov In his speech to the TZik said that Japan left tho league because it wanted q free hand in it's policies, Like other leaders he spoke soberly of the relations between Japan and Russia. Russian. he said, must be mindful of the danger of at- tack from Japan despite Russia s demonstrated desirc for peace.
 Lit"inoff in his speech said that only a minority of nations wanted war. Therefore, he argued, col- laboration Of nations that desired peace was desirable in preserving it. Russia was willing, Inc said, to cooperate in preserving peace In the interests of workers all over tho world.
 Dcllcacy Of tho Russlan Japanese situation, and the nervousness of European nations regarding it, has boen shown plainly by recent war scnreF,
 Tho last i1imor developed in Lon. don 1 a, m, New Year's eve. lt was thu tJ0p6n had declared war on Russia, Moscow denied the report within n nhOur, and within throo hours nn offlginl donlaI renebed London from T0kl0,
 iluasin has mado important prog. reHs toward lts place in iAternatl0n' lal diplomacy within tho last few yoarr and particularly during ihs lhKi yeHf,
 One0 regarded a lneDaae co Ieu. F0psnD ponQa, tt IH t0sdaK regarded a strong infIuenee for peace.
The Waterbury Democrat., 1934-01-02
MANY VETERANS
 LOSE PENSIONS
Those Wounded in Service Will Continue to Stay
 on the List

Washington, Jan. - (UP) - More than half of the World war veterans who drew pensions for 13 years because they were pre- sumed" to have suffered battle wounds will be dropped pernan- entlS% from the benefit roles, the veterans bureau revealed today.
 There were e.51,213 men with "presumptive" wounds who receiv- ed federal incomes until President Roosevelt ordered special boards to determine whether they. really had been hurt in the World war.
 The investigations showed that only 21,955 veterans. or 42.9 per cent of the "presumptive" cases were wounded in service. They will continue to receive pehsions.
 Gen. Frank T. Hines. veterans administrator said the other 57.1 per cent. totaling 29,25s men, will lose their federal income. They may, however. appeal their cases.
The Waterbury Democrat., 1934-01-02
BY ELMER c. WALZER United Press. Financial EditOr)

New York, Jan. 2-(UP)-The stock market moved cautiously to- day as traders awaited the presi- dents message to congress. Prices rose in the early trading, several issues, notably motors making new tops for several years. A sellon fro mthe highs occurred near the close.
 The demonstration in the auto mobile group was the usual pro- cedure fin advance of the automo- bile show. Chrysler made new high since 1929 at 59 1-2 up 7-S; General Motors made a new high since 1891 at, 36 1-4 up 3-4; Mack Trucks at one time sold at 38 5-S up. 41-8 points; Hudson touched IS up 3-S; others made smaller gains.
 Allied Chemical rose to 152 Is up 3 7-8; and new high since 1881 in the chemical. Du Pont also set Ia new top for similar period at 96 1-2 up 7-8; while Monstano Chemical made a new record high at 84 IA up 3 1-4. These issues eased from their highs before the close.
The Waterbury Democrat., 1934-01-02

their machines close to the library.
 An attic fire in twoestory tene- ment house at 81 Rosemount ter race was responsible for serious damage to the dwelling Sunday evening. The flames Illuminating the sky attracted scores of autoists to the Town Plot section of the city. ..
 A frozen sprinkling system pipe broke in the store of Sears. Roe buck & Company on Grand street Saturday evening and led to the formation of a mop-and- bucket brigade. Business proceeded as some of the employees rushed. for the shut-off valve of, the system and others for mops and pails. Considerable water seeped into the basement. but it Is not believed that the water damage will be of any great. amount. A
The Waterbury Democrat., 1934-01-02
ALFRED E. SMITH HCRITICALAN
 PRAISE GIVING
Attacks Tugwell Bill, But Praises President on
 Success of Repeal

New York, Jan. 2-(UP)--Al- fred k. Smith criticised "the so- called Tugwell bill regulating foods drugs and cosm cities, :" as further evidence of the problems of bureau- cracy popping up every day in the federal government" in the January issue of new outlook. but today. But he praised President Roosevelt again for his part in the repeal of the 18th amendment, and attacked Governor Rolph of Cali fornia for failing to act to prevent the recent double lynching in San Jose.
 MT Roosevelt placed back of repeal the full force of the prestige and influence of the national ad- ministration," Smith wrote.
 "In drinking Q. toast to repeal, let us not forget that the liquor problem has not been entirely sol ved The chief dangers we %now face are over regulation and, over taxation of both federal and state authorities The democratic party has earned whatever political credit there is for the repeal victory"
 Discussing the 'rugweli Dill. Smith. wrote:
 "The author himself has stated that what he aims at Is not just reform, but a revolution in whole theory of government. /.
 ' He regards :. advertising as largely waste and he thinks that the government should take hand in limiting costs to the ultimate consumer by cutting out the ad, vertising middleman. He also be- lieves that the government control of industry will inevitably take the place of mere regulation, that the government is competent to exer- else such control and that it will be in the ,interest<of the average citi- gen." r. |3- +5&
 Turning to lynching, Smith said:
 ."President Roosevelt very prop. erly made 1t. the subject ol execu- tivei comnae ent. Ritchie will event. uallysget the credit which he de- serves as the gallant upholder of q splendid tradition. sRolph will go down in history as the personiflca- ton of executive weakness"
The Waterbury Democrat., 1934-01-02
The German Proposal

ment with Swiss and Dutch bond holders.
 The German Proposal
 Berlin. Jan. 2.-(CP) Further restrictions on the transfer abroa q of interest on Germany's foreign debts were forcshadowed today in q Relchsbank statement on the currency situation. The standstill agreement on the short-term debts, : which expires in February, would Joe affected.
 f Defending the recent reduction 'to 30 per cent on transfers of long term 1 interest against criticism abroad. chiefly In Great Britain and the United States, the state ment said there had been no other alternative, in fact. lt added. un- less tho trade balance increases. short term creditors may face q re. ductIon.
 The statement said the long. term reduction was not arbitrary but was mandatory under tho lBN obliging tho Helehsbank t0 take every proeantion tO protect the nufFeDey,
 Tho Ilolehsbnnk denied charges of dlncrlminnil0n among creditors and of lnslnohrliy towards thejn by making ibe reduction wlfh9Al first seeklnR m agreement WILD fhon, li pointed opi ihnt tho re' dncli0n nHeurai "A saving 0f sb,ggO,' bDO pinFka month, reducing uer. Tenny's payments i0 5s,00O, yVO rnhrhR llOWeYeFs oven thDt huIn prOhnbl, e1uid n0t Do ObiAlnsJ from foreign trade witb0ut 0ibsi asis, lt sdded,
The Waterbury Democrat., 1934-01-02
SEVEN HARVARD PROFESSORS ARE
 GOVT CRITICS
Don't Like Economic Pro- gram of President-NOt
 the Voice of College

New York, Jan D. (CP)- Harvard university professors col laborated, chapter by chapter. in a book published today which takes apart President Roosevelt's eco homie machinery and finds some thing wrong with every part of it from gold program to NRA.
 The book is entitled "The Eco monies of the Recovery Program. 4 foreword explains that it is the personal reaction of the economies professors, and that it is not the Ofaqtal attitude of the university.
 The main thesis of each chapter is that the entire recovery program is reearding economic advancement rather than aiding it, and that sound recovery should come through its own devices rather than through "the artificial stim- ulus of government action
 Seymour F. Harris, assistant pro- lessor of economies and professor of international trade, declares that "the blow to confidence from our new gold policy has already been felt An early stabiliza- ton and return to gold may re- eSLdDlBH CODilueHtt
 Professor Joseph A. Schumpeter, in a chapter headed Expressions" declares that iu all cases recovery from past depressions "came of it. self" and that imitation would "un- doubtcdly turn depression into sham prosperity. . |. :. which would lead to a collapse worse than the one called in to remedy
 Professor Edward Chamberlin's main contention is that too much stress is put by the administration On spending by the consumer as against expenditures arising out of 5nvestments.
 :. Professor Edward $. Mason de- ciares that the attack upon com petition represented by code pro- visions limiting macbine hours, pro-rating output. prohibiting sales below costs. is really an attack upon the consumers.
 Professor Douglass V. Brown in- sists that public works provide no panacea for recovery . prop crIy carried out they may provide Jnuch-nccded relief and q stimulus 10 an economic mechanism ripe for recovery At the other extreme, they may be merely q political football and drain upon harassed treasuries''
 Professor WassiIy w. Leontief, former economic adviser to the Chinese Sovemmcht. in his chap ter entitled Helping the Farmer" forcsccs the possibility of billions ju government loans to farmers be- ing written off as simple subsidy"
 Professor Ovcrtor II. Taylor warns that the recklessness Of ignorant emotional efforts at re- form must bc held in check in or dor to minimize the risks that dis courage honest business while re- forms are in the making. and the new codes must not be allowed to take on forms that will be likely to mako them new weapons in the rivalry of business.
The Waterbury Democrat., 1934-01-02
100 Stocks SholD Gdi1a. Of3. 1% For December
Years Increase for List Is 56.l Per Cent With Ten
 'Classifcations Showing Gain for Final Month

electrical equipments each lost
 about 1 per cent.
 During the year only the utility
 shares lost ground, the deprecia-
 ton in this group amounting to $629,319,000, or about 35.7 per, cent.
 The sharpest advance occurred
 in the railroad, equipments with a gain of almost 175 per cent. The
 wining and motor stocks rose by about the same margin, each ap-
 preciating more than 160 per cent,
 while the building shares scored an advance of more than 110 per cent. The steels rose. 95 per cent and the chemicals 82.2 per cent, while the oil group appreciated al- most 74 per cent.
 The following table shows the extent of price changes by groups during. the month of December:
The Waterbury Democrat., 1934-01-02
BOY HURT IN
 COAsTING ACCIDENT

Eugene slason, 2, 207 Willow street, suffered painful injuries about the head this afternoon when his sled crashed into m auto. mobile operated by Francis Miller of i4 Niagara street. The accident occurred while the hoy was coast. Ing down Chestnut avenue. The youngster attempted to steer clear Of the approaching machine near Rideowoed street, but swerved too sharply and crashed Into . wheel of the car. He was discharged after receiving treatment ct SC Mnry's hospital.
The Waterbury Democrat., 1934-01-02
LOCAL DEMOCRATS
 GOING TO MERIDEN
To Attend Dinner in Honor
 of Congressman ;
 MalOfley <,

A number of Waterburians plan a visit to Meriden this evening to attend the testimonial dinner to Congressman Francis T.: Maloney of that city. The occasion marks the official completion of his term as mayor of Meriden and is also in the nature of farewell reception. Congressman Maloney returns to Washington tomorrow for the opening of congress.
 It has been intimated that this evenings event may witness the first step toward obtaining the sen atorial nomination for Congress- man Maloney. J: Francis Smith. secretary of the democratic state central committee, and other local workers will be in attendance to- night
The Waterbury Democrat., 1934-01-02


 New York, Jan 2--The, value of comhlon stocks listed on the Stock Exchange advanced approximate Iy 3.1 per cent in December, ac- cording to the index of 100 repre- sentative issues which showed an appreciation of $433,461. 900 for the month. In the year, the rise amounted to $5,105,923,000, or 56.1 per cent.
 Ten of the thirteen separate elassifications scored advances in the final month of the year: the largest appreciation on a percent age basis taking place in the rail- road equipments with a gain of .11.9 per cent. The motors advanced 10.2 per cent and the steels rose 9.2 per cent. The food group lost CA per cent, while the oils and
The Waterbury Democrat., 1934-01-02
BANDIT STILL
 CLINICS TO LIFE

Shawnee, okla. Jan 2-(U.P) - Wilbur Underhill still clung to life to-day. apparently holding his own in a fight against many bullet wounds Inflicted in his clash here with officers.
 Though he had been expected to die before daybreak, the gunman's condition remained about the same as it was yesterday. /.
 He was hit many times by machine and shot gun slugs as he fought and ran from officers who trapped him Saturday at Q rendez- vous with his newly-married wife.
The Waterbury Democrat., 1934-01-02
TWo.YEAIl.oLp aAyE PAnTY

KInRnnnn, khD - fUPl ~ isItlIo Mary Ann Meade IS a popular liWuPn Co thin t0wn-yespeelallg on heT birthday, At the age Of two, Little Mary "ihRsw" q party which Wan attended bE nearly 5000 ehll. 6ren. MaVy'e 9klheF eWns the local
The Waterbury Democrat., 1934-01-02
INSURANCE STOCKS
N. Y. Bank and Trust Stocks
 The R. r. Griess Co.
PUBLIC UTILITY STOCKS

Bid Asked Bank of Manhattan. 22h 25is Bank of N. Y. 6 Trust 2S0 300 Bankers Trust ... .'.. 50is 53h Cent Hanover Bank 6
 ITubt ..........' 4VD LID Chase National Bank. 1SM 21h Chemical Bank & Trust 29h S2h Corn Exchange Bank 70 44 Empire Trust ........ 14 IT First National Bank 117b 1275 Guaranty Trust .... 25i >2e0 Irving Trust ........ IS 1b Manufacturers Trust. fl 17 Nst,o1s, Nsw Yors c'tE xrust ssns. .... ssSsA ss" Title Guar 4 Trust .. .
The Waterbury Democrat., 1934-01-02
ACTION ON THE /: GERMANY BONDS
Inent with Swiss and Dutch bond ho,ders.

eGontinued from Page D
The Waterbury Democrat., 1934-01-02
Stocks Regain 1882
 Loss On Dollar Dip
Sharp Rally Follows Bank Holiday With Years Peak
 July l8-Mining Shares Strong

per cent and, if necessary. issue
 $3,000, 0 900 in greenbacks. Years Top or July IS.
The Waterbury Democrat., 1934-01-02
MORCENTHAU HAS
 BEGUN DUTIES

(Continued from Page D
The Waterbury Democrat., 1934-01-02
SOVIET RUSSIA
 MAY JOIN LEAGUE

tContinued from Page 1.)
The Waterbury Democrat., 1934-05-26
'SPITFIRE' HEADS CARROLL PROGRAM
"The Road to Ruin" Com. panion Feature Sunday
 and Monday

Thoee all.too-rare occAsions when the silver screen offers some. thing decidedly new and different may Justly be called the milestones of the motion picture art. Such Q iuiicstore 10 reached with the ar- rival of Katharine Hepburn's new starring vehicle "Splthre" which heads d marvellous double feature program at Carroll theater start Ing Sunday.
 "spltiire" Is n poignant drama of q satnl. bar baric young girl of the who seems to perform miracles of healing by mc0ns of her chlldllkc faith m God, yet who is Q veritablc spltiiro of passion and ternpestu- ouHness, at odds with the com Tine uniquc role offers great scope to the talents of the scinti. la{lng star, and that sho takes the
 itm0bt advantage of 1t goes with. out saying. In each of her formci pictures she has given q charac, torisation that was totally different from that In any of the others, and this holds true of "Bpithre", also it would be difficult indeed to con, ceivo of q roic more different from her sydney aEirhold in n "Bill pl Divorcement," or her Eva Love. lace in Morning Glory" or her. Jt March in Little Womon," than. hcI Trigger Hicks in "Spltnro", whlcf Ia an adaptation of the Broadwa, stage success. "rrggcr." IL is un' doubtediy hcr most difficult role tt date, calling, aB 1t does for light ning.iike changes of mood hnt emotion, from love to hatred nnt from faith to JealouBy ana unrens
The Waterbury Democrat., 1934-05-26
KEEP FEM ROLLINC' AT LYRIC SUNDAY.
"iIarold Teen" Companion Feature on Sunday
 Program

'Keep Elm Rolling" the new RKo.Radlo picture at the Lyric fiieater Sunday and Monday, has down to. earth pathos, comedy and drama; sterling porformanoeg by Waiter Huston and Frances Dee; an authentic iilInization of a sol. Aior's life at on army post; and A stirring biography of n horse which spent more than twenty years in the army--nnd these cx- ceptlonni constituents of entertain. ment class thls picture among the must. t.besseens.
 "Keep Elm Rolling" unravels n soldier'6 devotion to a horse, and n WomanB Influence on thelr lives Benny Walsh, an incorriRible an- listed man, finds il kindred spirit In Rodney, q fractious artillery horse. f3enny's devotion to the hodHe al' tefs him Into q gentleman soldier. The World war arrives, nnd Ben. ny and Rodney go overseas, nro deeorntod, and return to tho routine of army post life. They have aged, and attract the attention of a new iy appointed colonel. He condemns Rodney and bars Benny from fur. thor gervIee, igonrlng that it VIII deprive him of tho government pension due him in n flow short months. But now the efficiency mans fianeeo intervenes for Ben ny's sake.
 The companion feature, a lively college romance with music, songs and dances iB Harold Teen" star. ring Hal LeRoy, fajnous Broadway stage dancer, Rlchollo Hudson and Patricia Ellis.
The Waterbury Democrat., 1934-05-26

hhd saved he decided 10 eater 10 tho folks-that is. serving tho public inHtend Of performing Tor them, and so, another restaurant was added Co tho long list In Man. haitian.
 Frankie is never happier when his old trouper friends drop in to pay him m occasional visit wher they aro in town, Among those Bre: Jimmie Durante, Lou Holtg and Fred Wnring, who was Just learning to play the sax. Frankie's restaurant k situated across tho street from the stage door of tho Capitol thoater, and day after dny he gazaB with misty eyes at that little door. He had great hopes of entering that door then exiting q gtnr--but fate stepped in.
 So, hoofor's heaven ig robbed agaln--but Frankie is happy be- cause he has met with success in his new adventure. but the ono innermost thought in hls mind and that is of tabIishing n night club Homoday with a large mazda sign overhead: Meet your favprlte star at F'rankle's cabaret because Frankie has been assured by his friends mentioned in this story, they would make personal appearances when ever his new dream comes true.
The Waterbury Democrat., 1934-05-26
takcn by Lyle Talbot end John

taken by Lyle Talbot end John Halliday,
 As fnr aa the story is concerned only two patients play any impor- lant part In tho picture; n wreat. ling promoter and his light O lovo both Of whom have been battered Enacted by Sidney T0lor and Irene Franklin, they give . com ody twist Co some 0t tho situations ln h picture which is otherwise melodramatle.
 Tho companion feature 10 "S on A Honeymoon" featuring Sally EllerH and Nasu Pitts. She decides Co tAko n European cruise, and whlo on board, her daring asea. pados prove Co be q constant an noyaneo 10 tho handsome second officer who has boon instruotnd by tho captain to keep . watchful eye ovOr hor. Although he assumes an impornonal attitude, ho finds him. self falling deeply In love with tho girl. Just when it seems that their romance Ia about to roach . happy conclusion, tho girl finds herself tn- volvod in a blaekmall plot and Q murder. Unknown to tho young officer, hcr efforts to help q honey moon couple on board get her in. volved in tho entire mess. How she finally manages to dlsentanslo herself from thoae troublesome mplIGntions, and win the young man, constitutes what Is reportad as a stirring climax to tho produo- ton,