davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-06-11

in 500 100000 of the reduction for
the full year 1888. In other words,
the improvement in business and
other factors have made it possible
for people to get out of debt at
remarkable rate.
It will be recalled that during the
def1ationary period Immediately pre-
ceding the Inauguration of Presi-
dent Roosevelt the country was 60
ing downhill very rapidly. The de-
cline in prices was far outStripping
the liquidation of loans, and the ma
ton was rapidly getting into a COM
pletely insolvent condition. Had
not steps been taken to correct the
situation it is rather obvious that
a money as we'll as an industrial
panic would have developed. Ger
tainly our banks and other impor-
tant institutions were in a bad way.
DUT whether or not we approve
- of the major portion of the
steps which have been taken to
bring orderliness out of chaos, the
country has been given a breathing
spell. And during this spell people
have been exceedingly busy fortify-
ing themselves against possible re-
sumption of the decline, so that to-
day we find the position of the in
dividual and corporation much
Sounder than at any time since the
depression took place.
Several things have contributed
toward this betterment. Of prime
Importance among these was the
conversion of mortgages held by in
dividuals and institutions on private
homes into bonds of the Home Own
ers' Loan Corporation. The holders
Of these mortgages were helped far
more than the home owners, and
the banks and other institutions
were among those to derive the
greatest benefit. Not only did they
get back the face value of their
mortgages, but those who held the
bonds now have a handsome profit
in addition. This thawed out
number of frozen loans.
The huge sums of money spent by
the government likewise helped to
make individuals, corporations, mu-
inequalities and states more solvent.
In addition to making it possible
to pay off private debts this money
enabled people to pay taxes on prop
erty which might otherwise have
been lost or have been SO hopeleSSly
involved that the situation never
could have been Strengthened out.
The low rate of interest at which
municipalities and other govern
mental units can borrow money to-
day attests their improved credit
position.
THE improvement in business
= and the consequent advance
ment in the market prices of secur-
tiles also have made it possible to
get out from under on a great many
loans which have been in the
doubtful column. And the fact
that the improvement was used to
such good purpose in correcting a
bad credit situation is encouraging.
1t is safe to say that the really
important betterments in the coun-
try from a trade standpoint have
taken place underneath the surface.
Given a reasonable amount of con-
f1dence that no outside interference
is going to impede progress business
could go ahead in a big way. Per-
'haps after congress adjourns this
confidence will be Forthcoming.
Labor troubles and the prospects of
imitation are probably the only i'm
portant flies in the trade ointment
at this ti111a
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-06-11
In the Cotton Markets
June g.
CHICAGO
Retail Coal Prices
-nnmestin Retail Prize.
COFFEE
GaAkA.

The following prices represent quota
tons from leading Indianapolis coal deal
ers. A cash discount Of rs cents per ton
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-06-11
Money and Exchange
DIANAPoLIs BANK CLEARING
(Bv Abbott. Hoppin g. Coz
luna O.
Treasury Statement
lBY United Pressl

by United Press
WASHINGTON, June 11.-Government
expenses and receipts of the current fiscal
year to June s, compared with the cor
responding period of the previous fiscal
year;
This year Last year.
Expenses Sc. 539, 407 091.20 81. 1872 665, 532 27
Receipts. 50, 1923. O20 sos. 95 S1,847 148. OS6 95
Deficit. $3,7l6, 1886, 5S7.25 45,517,4453 80
Cash
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-06-11
Daily Price Index
Rv limited ]

by United Press
NEW YORK. June 9.-Dun & Brad
streets daily weighted price index of
thirty basic commodities compiled for the
United Press:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-06-11

SHEEP AND LAMBS
Receipts, 400; Market. Steady
(Shorn Basis
Spring lambs. good and choices 1900 900
(500-lb. down Com. and med. $500 7o0
Ewes
Good and choice ......... 1900 $50
Common and medium ....... .75@ 200
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-06-11
New Public Buying Power
Needed to Aid Business
L. C. LEVERING NAMED
MANAGER OF ANTLERS
r. /. Griffen, Former. Head, Re-
ceives Transfer to Ohio.

The appointment of L. G. Lever
ing, as manager of the Antlers, one
of the Albert Pick group, was an
nounced recently. Mr.. lowering sue
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-06-11
Other Livestock
by United Press

% 50 SaanS yqR GOO dTecEs scS S
"a; top. 81; 17o-24O lbs, $Ss5S sO' light
lights. $S@s.S5; most PIGS, $3.50 down;
packing SCws largely $s@S5SS light lights.
Iightweights, 150- 2Oe~lbs., good and choice,
So .25Q 800; medium weights, 20O-250 lbs,
packing sows, 275-550 lbs, medium and
choice, 81 40; slaughter pigs, 100; 100
Receipts, 5000; calves, 1000; all killing
classes strong to 25c. higher, mostly 25c
up on Tecenfs t Ic.E main
factor very few thin-fieshed steers on
heifers in run; recent rains over wide
cattle; most killing. steers, $500 so; top,
SO rs; stock cattle mostly SOS higher than
week ago. slaughter sGo cat cattle anS vea i 81
as. so; COOL 100 lbs, good and choice,
$e.25@s IS; / 1901 800 is, good and
CHOICE 81 $7.5OGi6; 5SS-i 800 lbs, Common
and medium, $S.5O@7.5O; heifers, 55O-750
lbs, good and choice. $5@6.75; common
OATS; common and medium, $2.75@3.75;
low cutter and cutter cows, $1.50q2.75i
bulls, yearlings excluded, good, beef $275
8; vealers,- good and choice, $4G5.25; me
diums, SO 56a 4.25; Gull and common. $225
55O-l $50 lbs, good and choice $4.25@ $50;
common and medium, $3@4.25, Sheep
Receipts, 1000; supply lat lambs very
practical, $s75; throWouts mostly $500
around i" steady P these i kinds; slaughter
sheep and lambs: Spring lambs, good and
choice $7.35M8.75; medium, $607.35; ewes,
90-150 lbs, good and choice, $1.50@2.25;
all weights, common and medium, 75cQ
SITS.
10 to zoe higher; 250-s0O lbs. 1895; 200.
$50 lbs, $780, 10000 lbs $365; 16O-1 100
lbs s., SO; sO-35 lbs. Ss:5; 15O-16O lbs,
$2.75; 140150 lbs. $3.50; .130-140 lbs, $2.25;
iSoz1so lbs, 81; 1OO7l2O lbss sl75 TSoughs'
(By Times speciaD
500, including 50 direct supply light; quail
ity plain; market, slow; steady to zoe
higher; advance largely on steers. heifers
and sausage bulls; bulk common to me-
Grades down to $3.50 or less; very little
included of quality to, sell above $3.50;
but strictly good dryfeds auotaole upward
Of S.; bulk beef cows, $2.25@3; practical
tiers mostly $12562; sausage bulls, SO
down. stockers and feeders, slow gener-
ally steady; most sales light Herefords.
$685. GalyyeGReceipts $50 l., steady at
ing eligible above. Hogs-Receipts, 400;
market steady to 20 cents higher; ADVANCE
on weights. 1s5 lbs up. and sows 1925
ST. So 1850 lbs. s265; iso-i45 lbs, 81 IS;
sows. 80. Sheep-Receipts. $500. includ-
ing 664 stock ewes; run mostly trucked in
eg geTs no bddnq gesTV d1e
to strike conditions at several eastern
markets; undertone weak to lower on
spring lambs; bulk better trucked in
mostly $5@7 per head, according to age
and breeding.
The Daily Alaska empire., 1934-02-15

was voluntary and the Federal Re- serve bank could, if it wished, ig- nore any request for an opinion, thus keeping this country clear of strictly European finance.
 A Mountaineer in Youth
 This international atmosphere was far cry from the log cabin in the limestone hills of Adair coun- ty, Ky. where Traylor was born October 21, 1878, the eldest of sev- en children of James Milton and Kitty Harvey Traylor The senior of this flock said he could not re- member when he did not have to work. At six he stood on soar box and dried dishes and when the next youngster was old enough tc do. the wiping, Melvin was pro- noted to washer.
 For from three to five months year he had schooling in another log building and when he was l; had achieved the equivalent of sixth grade education. Two year of saving gave him enough to pay for brief high school course il Columbia, the county seat, -ant then he passed the examination fol a. teachers license. For two year he expounded the three R's il
The Daily Alaska empire., 1934-02-15


 Leatherwood Creek, getting $50 a year and working as a farm hand between terms. Nights he studied law.
 When 21 he went to Hillsboro, Tex, got a job as clerk and deliv- cry boy in a grocery, joined the volunteer fire department so as to get free place to sleep and final ly won admission to the bar. Four years of practice included term as assistant county attorney, then he turned to banking.
 Rapid Rise in Banking
 His first post in that field was as manager, cashier and janitor of branch bank at Malone, Tex, a town of 150 inhabitants. Next he was made cashier of the Citizens National Bank at BaIlinger and when this was consolidated with the towns First National he was elect ed president He was then 30 years old.
 Most of the banking whereabouts was concerned with farm and live stock and Traylor became such an expert on cattle loans that the Stockyards National Bank of East St. Louis in 1911 made him a vice. president with the entire south west as his field. Three years lat CT the Livestock Exchange Nation al Bank at the Chicago stockyards called him. He became it's presi- dent and after five years there, in 1919, moved to Chicago's loop as one of the presidents of the First National His elevation to the head of this sso0,o00 900 institution came in 1925.
 Daily Empire Want Ads Pay
The Daily Alaska empire., 1934-02-15
BELL RESCINDS NEW TRAP LEAD
 FOR DELEGATE
Not Convinced of Neces. sity but. Is Glad to Co.,
 operate with Dimond

Continued from Page One,
The Daily Alaska empire., 1934-02-15

support to bill introduced in the House by Chairman Bland of the House Committee on Merchant Ma rine, Radio and Fisheries which has for its objective extension Ito the sea-food industry all benefits, privileges, aids. loans or other ad- yantages provided in laws enacted by Congress for the relief of per sons engaged in the agricultural industry" Passage of this legisla- I ton would enable the fishing in- dustry to obtain financial assis- tance under the provisions of the Federal Farm Loan Act, the Fed eral Intermediate Credit Bank Act, the Agricultural Marketing Act the Perishable Agricultural Com modities Act, the Agricultural Ad- justment Act. the National Indus trial Recovery Act and the Farm Credit Act of 1883.
 Two bills and a resolution have been introduced in Congress during I the past few days by Delegate Di- mond. The resolution directs the Secretary of War to cause survey to be made of Haines harbor the ultimate goal being the construc- ton of a breakwater there.
 One of the bills, if approved, will give all employees of the Alaska Railroad who are citizens of the United States and who have been employed by the Alaska Railroad continuously for at least one year prior to approval of the bill, civil service retirement privileges.
 The other bill would amend the act for the protection of Alaska :, fisheries by eliminating the drastic seizure provisions now in effect. It provides that no boat, net or seine belonging to a resident of Alaska shall be summarily seized and held for forfeiture until after the arrest, trial and conviction of the owner or operator The arresting officer would be required to make an in ventory of the seized articles and statement of the manner he al leges it was being used in violation of the law. The statement would be sworn to and forwarded to the clerk of the district court and in case of the conviction of the owner or operator the list would serve as lien.
 The House Committee on Public Buildings and Grounds has voted to report fayprably two of I1tlhf
The Daily Alaska empire., 1934-02-15
$3OOOee| |EsSEE |EEsEEsEIsE] EEEsEE] Paid-U Up Feature! cosis Mn COST DECREASES o.i- A
 ABOUT 5O96 VuIy

Ages to 75-No Medical Examination
 Inspect, FREE, Iic ,.ew copyright ed certificate with TEN YEAR PAID UP FEATURE offered by the American Life Assn, Dept. A-14l, Hollywood, Calf, under State sup ervision, which pays up to $100000 for NATURAL and up to $200000 and S3O00.00 for accidental death. No medical examination. SEND NO MONEY. Only your NAME, AGE and the name of your BENZ FICIARY and certificate fully made out in your name will be mailed for FREE inspection NO AGENT WILL CALL. You owe nothing un- less satisfied. Costs as low as 2 cents a day and you can Secure this Protection for 50 to 80 days for ONLY s1 Write today. Fastest Growing Assn. in America.
 BUY NOW-BUY AMERICANA 1 adv.
The Daily Alaska empire., 1934-02-15
WORLD DAY OF PRAYER TO BE
 OBSERVED HERE
Special Services Will Be Held Tomorrow Alter
 noon at |: 30 O'Clock

The observance of the World Day of Prayer will be held in the Northern Light Presbyterian Church tomorrow afternoon beginning at l:30 o'clock.
 The program will be under the direction of Mrs John A. Glasse Acting President, and Mrs. J. E. Click, Secretary.
 Talks on topics of the world wide interest will be given as follows:
 Mrs. James s. Truitt on work in China.
 Capt. B. Bender on work in South Africa.
 Mrs. c. E. Personeus on work in South America.
 Special music by members of the various churches; Mrs Henry R. Cross, a solo; and trios by Mrs. 2. K. Olafson, Mrs. R. B. Lesher and Mrs. Cross.
 Mrs. Alfred zenger will present the various types of mission work at home and abroad for which the offering will be taken.
 The Tongue of All Nations" a reading, will be given by Mrs. Van Alta.
 There will also be congregational singing.
 The public is invited to attend the special services.
The Daily Alaska empire., 1934-02-15
Shop in Juneau
NOTICE TO CREDITORS

NOTICE TO CREDITORS Tn the Commissioners Court fo1 Juneau Precinct, Territory of AL aska, Division Number One. In Probate.
 Tn the Matter of the Estate of CLEMENTINE CLARA STILL WELL, deceased. NOTICE IS HEREBY GIVEN that the undersigned was on the 17th day of January, 1884, duly ap- pointed executor of the last vii. and testament of Clementine Clara Stillwell, deceased. All persons hay- ing claims against the said estate of said deceased are required to present the same to the under signed, with proper vouchers at tached, at Juneau, Alaska, within six (6) months from the datc Of this notice.
 Dated January IT, 1884.
 HENRY A, JENKINS,
 Executor of the estate of Clem-
 entine Clara Stillwell, deceased First publication, Jan. IS, 1884. Last publication, Feb. Is, 1884.
The Daily Alaska empire., 1934-02-15
ATTENTION

ATTENTION 1 Women of the Moose to meet Thursday evening at 7:30 o'clock. ariy. GERTIE OLSON. Secretary, i-,fe5 s1fff<cT frY-,Tf ft.tnastsle krgsttfrt s<f
The Daily Alaska empire., 1934-02-15
How One Woman Lost 10 Lbs. In a Week

Mrs. Betty Luedeke of Dayton, writes: q am using Kruschen to reduce weight lost 10 pounds in one week and cannot say too much to recommend it.'
 To take off fat easily, safely and quickly take one half teaspoonful of Kruschen in a glass of hot water every morning before break fast-an 85c bottle lasts 4 weeks Get it at Butler Mauro Drug Go. or Juneau Drug Co. or any drug store in America. If this first bot tie fails to convince you this is the easiest, safest and surest way to lose fat-money back adv.
The Daily Alaska empire., 1934-02-15

Delegates bills. One provides fo1 transfer to the Territory of Alaska of land at Sitka title to which is now held by the federal govern ment. This would give the Terri tory clear title to land upon which the new Pioneers Home will be built, a requisite deemed essential before construction starts.
 The second bill transfers to the city of Nome land occupied by the old courthouse. Nome desires to use the tract for street purposes.
 That no further area will be opened to seine boats exceeding 50 feet in length is the definite as- surance given to Delegate Dimond by Commissioner of Fisheries Prank IT. Bell
 In the recently issued 1884 regu- lations the Bureau of Fisheries did not place any limitation upon the size of seine boats operating west of Thin Point on the Alaska Penin- sula, Thin Point being slightly northwest of Deer island.
 This led to the fear that other Alaska areas might be opened to the big seine craft from Puget Sound and other Pacific Coast waters thus. providing competition against which Alaska seiners could not well compete.
 However, Commissioner Bell says that such fears have. no basis in fact and that he does not contem- plate any action which will fur ther enlarge the field of operations for fishermen from the States
 Farmers and others interested in agricultural studies made by De- partment of Agricultural experts are. reminded that the Delegate has for distribution many different pamphlets on a wide variety of sub jects. Lists showing the available bulletins will be sent to those re- questing them.
 Tn the opinion of the general counsel of the Federal Deposit In- surance Corporation the Banking Act of 1883 does not permit the admission of Alaska banks-e except upon one condition That condition is that they must become members of the Federal Reserve System. Any Alaska bank, should it so desire may become a member of the Fed eral Reserve after it's application has been approved by the Federa' Reserve Board Once a member ot tn System, the bank would auto matically be qualified for inclusion in the Federal Deposit Insurance Corporation.
 Tn Washington to consult with Bureau of Fi S heries officials, George Hogg of Kodiak, called upon Delegate Dimond. He has been in New York for some little time, where Mrs. Hogg remained during his trip here, and will be there for another month before they start back for Alaska.
 
 ATTENTION
 Women of the Moose to meet
The Daily Alaska empire., 1934-02-15

in ,the new institution and how to keep it's interests intact without in volving the Washington government was one of the puzzles which the conferees faced.
 Traylor solved this by evolving the veto clause of the trust agree ment under which the bank was chartered by Switzerland. This gave the central bank of any interested nation the right to halt any BIS" Operations which were inimical to the country's interests. The right
The Daily Alaska empire., 1934-02-15
YOUR INCOME TAX
 No '
No. 7 Returns of Husband and Wife

If husband and wife should each have a net income in excess of $4,O00, but neither a net income in excess of $6,50O, it is to their interest, in filing separate income tax returns for the year 1883, to divide the personal exemption of $2 800 between them, as shown by the following illustration, in which the husband claims $2,000 and the wife $500:
 Net income, husband S6,00o Personal exemption .,..... 1000
 Taxable, at 4 per cent ..$4, 900 Husbands tax ...................... 160 Net income, wife ...............$4, 800 Personal exemption ................. 500
 Taxable, at percent $4,0 ,0o0
 Total tax, husband and wifeS 320
 The normal tax rate being 4 per cent on the first $4,000 of net in come in excess of the personal ex- emption and other credits and 8 per cent on the balance, any other division of the personal exemption would have Subjected part of the husbands or wife's income to the g percent rate.
 A husband and wife, aside from dividing the personal exemption, may further decrease the amount of their total taxes by filing separ- ate returns where their joint net income is sufficiently large to be subject to the surtax-that is, in excess of $6000.
The Daily Alaska empire., 1934-02-15
M. A.. 1RAYL0R PASSES AWAY,
 CHICAGO HOME

Continued froR. Page One)
The Washington times., 1934-04-11
SHOWDOWN DUE
On SILVER
BY International News Service

A showdown over silver legisla-
tion at this session of Congress
was made virtually certain today
by action of the Senate ACricul-
ture Committee in reporting unan'
imously a bill that would, in
effect, put the country upon a
silver standard.
For the first time this session,
the silver groups and blocs got
solidly behind a measure to "do
something" for silver. They ap-
peared united at last.
The composite measure pro-
vides for the naturalization of
all domestic silver, redemption
CT all currency in silver, Treas
ury purchase of not less than so
million ounces a month in the
world market, payment of Gov
ernment debts in silver, and for
the exchange of agricultural sur
pluses for foreign silver.
The measure was reported out
in the face of Treasury diSap-
proval, and presumably that Of
President Roosevelt.
The Washington times., 1934-04-11
'B|G VOTE OKAYS
NEW DEAL IN
ILLINOIS
Primaries Show Party Power;
New DEAF Approved; Bad
Showing by G. o. P.

CHICAGO, April II G.N.S0.
Democratic leaders today claimed
an enthusiastic Endorsement of
President Roosevelt'S New Deal"
program as returns in yesterdays
illinois primary primary election
showed a tremendous Democratic
vote. In Chicago the election
was the quietest in history.
Old party organizations scored
Statewide victories with their
states Of candidates for nomina-
tions, with the Democratic vote
in Cook county (Chicago) mount
ing to a new all-time record in
an estimated vote of about $685.
600, as against 100000 two years
ago.
Less than 250,O00 votes, accord
ing to incomplete figures, were
polled in the Republican primary
in Cook county. Two years ago
the Republicans rolled up $780, 900
votes in the county in the April
primary.
For the first time in IL years,
the governorship or United States
Senatorship did not enter into the
Statewide contests. This, politi-
clans said, caused a lack of inter
est and gave the party organiza.
tions easy victories.
Republican chieftains attributed
the falling off in the G. o. P. vote
to Democratic patronage an d
claimed that thousands of voters
were affected by various Federal,
State and local work and relief
projects.
Speaker Henry T. Rainey of the
House of Representatives scored &
walk-away victory in the Twen1i-
eth Congressional District over
James H. Kirby.
Michael L. Igoe, State legislative
veteran, ran far ahead in the Dem
ocratic race for Congressman-at-
large, as C. Wayland Brooks, Chi
cago war veteran, led on the Re-
publican side.
The Washington times., 1934-04-11
GRAIN BILL HELD
TRADE Peril.
BY International News Service

Declaring that legislation of the
past 80 years has worked against
the farmer, Peter B. Carey, presi-
dent of the Chicago Board Of
Trade, today asked that action on
the commodity exchange control
bill be postponed until the next
session of Congress.
A statement by Mr.. Carey was
read before the House Agriculture
Committee by Robert P. Boylan,
vice president of the Chicago trade
body. Mr.. Carey said the grain
exchange code had been signed
only 10 days ago and had not yet
been given a trial. He added:
"Yet in the face of this Situa-
tiOn, new legislation is proposed
before we have even tested the
consequences of code of prac-
tice which required eight
months of study and negOtia-
tiOn."
Mr.. Carey predicted that if the
commodity exchange control bill
is approved by Congress under
present conditions, futures mar
kets will be wiped out within a
few months.
The Washington times., 1934-04-11
MRS, NANV|LLE
ON VACATION

LOS ANGELES. April II
G.N.SO .-Marcella Edwards Man
vile, former show girl, and fourth
wife of Thomas F. Manville, jr.,
30-million-dollar heir to the Man
vile asbestos fortune, was here
today for a marital vacation of
a month" She admitted that
her marriage had reached the
stage of unhappy discord." She
said:
1--WE just had a little huff
and we decided it was best to
have a vacation from each
other. He agreed to stay in
New York, and so flew out
here to Los Angeles, my home
town. At this moment I do
not plan a divorce. I cannot
tell about the future. Our
marital vacation may result in
bringing us happily together
again-but Pm not sure.
1--WE just couldn't get along
his millions to the contrary"