davidaulloa/AmericanStories huggingface dataset:
Evening star., 1934-02-25
HOME FINANCING
TO Be DISCUSSED
Building and Loan Leaders
Will Confer Here Next
Tuesday.

Discussions on the future home
financing program of the Federal
Government and of the community
credit institutions will be the princi-
pal subject Of consideration at the
meeting to be held here next Tues
day by the Executive Committee of
the United States Building and Loan
League.
About go of the outstanding buiId-
ing and loan association managers in
the country will attend the meeting,
which will be presided over by Philip
Lieber of Shreveport, La, president of
the league.
Reports to Be Studied.
ditions in the $1,000 100000 thrift and
home financing business embodied in
building and loan associations is ex-
pected to result from the meeting and
need for such a current view of the
situation has been expressed by the
national officials of the league. Prep
arations are being made to co-ordi-
nate the local activities of the aSso-
Citations with a new home mortgage
program being considered by the Fed
eral Government.
I'VE are approaching a period of
rising business, of greater demand for
sound credit expansion. in the opinion
of the most conservative economists
In every line" said Edward C. Baltz.
secretary of the Perpetual Building
Association, yesterday I'VE must pre-
pare our institutions for handling that
demand and for making every effort
to hasten prosperity in their own COM
munities. Co-ordinated effort on the
part Of IL 900 building and loan asso-
Citations can admittedly work wonders
in this field.
. Policies Scanned.
"Our meeting in Washington will
strive as much as anything else to
guide the associations in their credit
expansion activities so that they may
not make the same mistakes which
many institutions made at the begin
ming OF the last business upturn 10 or
II years ago"
Evening star., 1934-02-25
Five Per Cent Interest Rate
Compared With Low
Levels Elsewhere.
CURRENCY WAR NEAR,
BRITISH CIRCLES HOLD
Monetary Policy of United States
and Paris Uncertainties
Attract Attention.
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK, February 24.-Cables
and radio dispatches to Business Week
give the following survey of business
abroad for the week ending today:
PARIS.-"France's political storm
of two weeks ago has passed. Paris
is calm. Broken windows have been
replaced. Paving has been repaired.
Transportation has returned to normal.
What impressed the thinking
Frenchman this week was the an
nouncement of new government loan
for the posts, telegraph and telephone,
which is to be issued at 895 francs
per 1,000-franc bond, to carry per
cent interest for 80 years. Aware that
Italy has just completed conversion
from per cent to 81 per cent bonds,
that British government 3la per cent
bonds are selling above par. along
with American Liberties, the French
man is little alarmed that his gov
ernment is forced to pay 5 per cent
for funds. He is aware also that there
is good deal of boarding within the
country, besides the heavy shipments
of gold abroad.
Markets, following the furry of a
week ago, are calm again, with prices
lower. Pig iron production shows an
increase, but steel and coal activity
are marking time. The textile indus
try is facing something of a crisis,
with workers striking in the northern
areas, while French exporters are find
ing 1t impossible to compete in foreign
markets where costs are lower and
currencies deprecated. Unemployment
Is up"
British Trade Uncertain.
LONDON.-"Busines in Britain re-
mains uncertain under the shadow Of
the monetary policy of Washington
and the lack of a feeling of security
regarding France and Central Europe.
Rush shipments of gold from Paris to
London by air for shipment to the
United States and the rise in the gold
share market - interrupted but not
genuinely checked by the inevitable
profit taking-have conspired to give
an air Of excitement to London as a
monetary center which is not shared
by the big provincial manufacturing
towns.
While the new uncertainty has
not dampened the belief that both
national and world recovery are here
and are real, it is noticeable that
the expressions OF this belief are less
arrogant than they were. 1t is now
no longer disguised that whatever be
the intentions of Washington, London
and Paris, a currency war is irnrni-
nent, and that means no trader is
willing to make forward commitments
or to tender ahead at present prices.
Reich Executives Pleased.
BERLIN-"German executives are
rather pleased this week with the out
come Of the recent conference of cred
ltors. More than anything that has
happened recently. it indicated that
foreigners appreciate the difficult sit
uation in which Germany has been
placed in the last few years. The
'standstilP has been renewed with al
most no changes. The satisfactory
functioning of register mark ma
chinery has contributed materially to
the reduction of outstanding credits,
Germans also have been relieved by
the devaluation of currencies in cred
ltor countries.
Evening star., 1934-02-25
SERVEL, INC, REPORTS
"GRATIFYING UPTURN"

BY the Associated Press.
NEW YORK, February 24.-Servel,
Inc, and subsidiaries report for the
quarter ended January 81 loss of
$3.50, 1888, after bond interest and all
other charges. The company states
that in arriving at this result 1921 1866
of the $275,000 reserve established for
factory overhead was used, leaving
$50, 3,034 still in reserve account. The
company also reported that business
was showing "a gratifying upturn." I"
In the January quarter last year the
company had a deficit of $24O,799.
Evening star., 1934-02-25
MILWAUKEE, LOADINGS RISE

CHICAGO, February "a F9.-The
Chicago, Milwaukee, st. Paul & Pa
-cific Railroad yesterday announced it
had loaded and received connections
for $500 cars in 18 working days
from February l to 81 this year
as against 59,290 cars in 18 working
days over a corresponding period a
year ago.
Evening star., 1934-02-25
Radio Firms Face
Best Statistical
Basis Since 1880
BY the Associated Press.

BY the Associated Press.
NEW YORK, February 24-Dun &
Bradstreet, Inc, says the radio in
dustry started 1884 ''in the most IA
vorable statistical position it has
been able to achieve since 1890" It
is now on a more stable basis than
at any time in its history, and fully
capable of keeping pace with any
other industry in the recovery move
ment." Inventories have been cut
to nearly one-quarter their total of a
year ago, distress merchandise has
nearly disappeared and price cutting
is less evident.
Evening star., 1934-02-25
WOOL TRADING CENTERS
IN FEW DOMESTIC LINES
BY the Associated prese

BY the Associated Press.
BOSTON, February "a Omitted
States Department of Agriculture -
A moderate volume of sales in the
Boston wool market during the last
week was confined quite largely to a
few lines of domestic wool. The prin-
c1pal demand was for 48s, SOS, "a
blood feeces, particularly of the semi
bright and heavier shrinking bright
types. Some sales were closed on the
Ohio, Virginia and Kentucky woods.
Secured basis prices were unchanged
compared with the previous week.
The medium grade territory woods re-
ceived some inquiries but very few
lines were sold.
Evening star., 1934-02-25


value during the
last five months
by $4,000, 900, 900.
Mr.. Tremaine,
who was con-
troller with Gov.
AL Smith, Gov.
Roosevelt, a n d
now with Gov.
Lehman, in New
York State, con-
ferred with the
Chief Executive
Friday at the
White House.
The controller,
who Is in q posi-
ton to keep In
~I>-.1xx s%
Evening star., 1934-02-25
TREASURY ASKS BIDS.

Secretary OF the Treasury Morgen-
thau has invited tenders for SIS, 5,000,-
900 or thereabouts, of 182-day bills,
to be sold on discount basis to the
highest bidder. Tenders will be re-
ceived at Federal Reserve banks up
to p.m. Tomorrow.
Evening star., 1934-02-25
NOMINATING COMMITTEE
OF EXCHANGE TO MEET

By the Associated Press.
NEW YORK, February 24.-The
Nominating Committee of the New
York Stock Exchange, which will pro-
pose the slate for the annual election
in May, will hold meetings on March
S, II and 10 at which members may
suggest nominees. Richard Whitney,
president, Is one of the officers whose
terms expire.
Evening star., 1934-02-25
RAILWAY EARNINGS
UP 11O Per CENT
Huge Increase Over Year Ago Re
vealed by Reports of First
Ten Carriers.
BY the Associated Press.

BY the Associated Press.
NEW YORK, February 24-The
first 10 railroads to report for Janu-
ary had net operating income of ap-
proximately $6,934,000, compared
with SO 3,290,00 in the same month a
year ago, an increase of more than
ITO per cent.
This showing followed the substan-
tial increase recorded in December,
in which month the same roads had
net operating income of $9,132, 900,
an increase of more than 35 per cent
over the $6,753,00 reported in De-
cember, 1882.
Evening star., 1934-02-25
BENEFITS CITED
UNDER UNIFORM
ACCOUNTS PLAN
Deviny Pictures Results of
United Typothetae
Costs System.

Expert accountants of Washington
were given an Illuminating picture
of the benefits derived by industry
through the adoption of uniform &C
counting procedure at the February
meeting of Washington Chapter, Ma
tional Association of Cost Account
ants, held at the Mayfower Hotel.
The forum session was very largely
attended.
John j. Deviny, secretary of the
United Typothetae of America, was
the principal speaker and presented
the history and development of the
printing crafts. The printing trade,
he said, was the first great American
industry to recognize the need for
a uniform method of obtaining costs
and was the pioneer in the develop
ment of uniform accounting pro-
cedure. AS early as 1907, the speaker
said, printers began to take cog
nizance of the uncontrolled and ruin
GUS price competition practiced within
their f1eld-due largely to the lack
of any method of adequately deter
mining costS-and in 1908 submitted
to members of the trade the nucleus
Of a standard cost system.
Standard Adopted.
After two years of practical ap-
plication by members the United
Typothetae Association ratified the
standard system of keeping printing
costs in 1911. Twenty-Five years of
operation have proven the value of
the system as practiced by the print
ing industry. Through its standard
classification of accounts, compare
tive costs are made available, which
serve as a guide to management
through better methods of control and
conservation of finances.
Another important result Of the
establishment of uniform accounting
procedure has been the publication
annually since 1921 by the United
Management" This statement is de-
veloped from balance sheets, operating
statements and cost reports Of the
industry, and provides a means for
keeping a harmonious balance be-
tween the various factors entering
into the management of a business.
Successful business houses in this field
have strengthened and stabilized their
financial position and profits through
the honest and unbiased use of
ratios. and by making constructive
and foresighted business analyses of
their affairs, the speaker said.
Evening star., 1934-02-25
BY HAROLD ROGERS.

. RINGING to President Roose-
- welt encouraging reports Of
~ improvement in security val
IL ues, Morris S. Tremaine, con-
troller of New York State,
Yesterday estimated that the port
.olios of financial institutions through
out the country had increased in
Evening star., 1934-02-25
COFFEE BIDS TO BE OPENED

NEW YORK, February "a P.-
Sealed bids will be opened March 8
on 1880 bags of Santos coffee held
by the Grain Sterilization Corpora
ton.
Evening star., 1934-02-25

fhEDEhlCh L. II. EiDDONS,
Who was appointed yesterday by Pres
ident George o. Vass of the District
Bankers Association, as chairman of
the group of Capital bankers. who
will take care of advance information
regarding the national convention
here next Fall of the American
Bankers Association. Mr.. Siddons
is secretary of the American Security
& Trust Co. and first vice president
of the District Bankers Association.
The other members Of the Publicity
Committee are I. j. Roberts, vice
chairman, assistant cashier, Riggs Ma
tional Bank; Aubrey o. Dooley, assist
ant trust officer, Hamilton National
Bank; Robert L. Flather, treasurer,
American Security & Trust Co., and
James A. Soper, vice president and
cashier, Lincoln National Bank.
Evening star., 1934-02-25
Other Speakers Heard.

Brief accounts of the progress made
in other industries in the field of
uniform cost keeping were discussed
by John Moran of the National Fertil-
izer Association and O'Neil johnson
of the International Association of
Ice Cream Manufacturers. Herbert
Taggert of the research and planning
division of the National Recovery Ad-
ministration also spoke on the &C
counting requirements of the codes
of fair competition. A. B. Gunnar-
son presided.
The Washington times., 1934-12-28
MAN RECLUSE
FOR 70 YEARS

CHICAGO, Dec. % Q.N.S).
Austin Kratzner blinked his eyes
today and looked on a world he
hadn't seen for many years, per-
haps two decades.
Now 26 years old, young Kratz-
ner had been recluse for the bet
ter part of his life. Many of his
relatives living only a few blocks
away had not seen him since his
first birthday.
It was the death of his father,
Henry Kratzner, on Christmas
Day, that finally liberated the man
from his strange incarceration in
their flat, virtually under lock and
key. Why the father had kept
him a prisoner remained unclear
to investigators.
In 1915, court records show, the
father filed a complaint that his
wife kept the boy locked up at the
age of years.
Young Kratzner, thin and sal.
low, answered questions jerkily
and in a high voice.
The Washington times., 1934-12-28
SAAR VIOLENCE
STILL FEARED
BY GERMANY

BERLIN, Dec. 81 U.N.S).
France abandoned her first pre-
plebiScite plans to march into the
Saar when the League of Nations
agreed to send an international
army, but German minds are still
haunted by the fear she may do
so If the Saarlanders vote for a
return to the Reich.
All indications are that Chan
Cellor Hitler is rigging up a fool
proof system to prevent provoca.
ton leading to new action by
France and to ensure that the
peaceful settlement agreed upon
at Rome is not marred by Vto-
1ence.
HOtheadS Feared
But it is admitted that one idiot
In q woodpile can start a con.
flagration. Thus the order pro-
hibiting wearing of Storm Troop
uniforms within 40 kilometerS Of
the Saar has been issued.
But the hothead and the IA
natic, the Communist and paid
agitator, and the emigre are
haunting Saar specters that re-
sponsible Germans fear.
In it's eagerness to get the
Saar back, Nazidom, up to a
few weeks ago, spread intense
propaganda in and outside the
Saar. The very effectiveness OF
this propaganda now brings the
kickback.
It aroused the passions and
patriotism of Germans Of the
Saar and Third Reich, leaving
perhaps an effect deeper in the
long run than Herr Hitler's IRON
clad orders.
Another Grim Side
There is another grim side to
the picture. There are about
10000 persons in the Saar who
will have to move out sometime
between January 13 and the day
the land is turned over to Ger
many.
These include foreign elements
Of good and bad character whose
interests lie far from Berlin, and
the German Governments agree
ment to treat all Saarlanders
equally, regardless of race or creed
probably will not prevent them
from leaving.
The Washington times., 1934-12-28
N. Y. Lad Runs AWAY
TOBeCOrne Rabbi

He had hoped, he said, that his
father would be inclined to be
more lenient when he knew how
determined he is, adding:
81 ran away from home to
become q Rabbi. 1 came to
Cleveland on $40 1 borrowed. ]
walked the five miles from the
Union Terminal to the Semi.
nary. 1 would rather be Rabbi
than anything else in the world.
"But my father says 1 must
come and study to be some
thing 1 don't want to be-"
Now Abraham was firm.
81 may fight this out in
court, if father comes here to
take me home"
The Washington times., 1934-12-28

CLEVELAND, Ohio, Dec. % Il.
N.S).-Abrahsm Orbach, 15-year'
old New York boy who has his
heart set on becoming a Rabbi
even though his father is op-
posed to it, made his choice yes
terday.
He said he has decided to stay
at the Rabbinical Seminary Of
America here and officials of the
Seminary apparently will support
the youth in his choice.
Abraham was unhappy at the
thought that his father, Samuel
Orbach Of New York. is opposed
to the idea of his son carrying
out his wish to become a Rabbi.
The Washington times., 1934-12-28
HONOR
JESSE JONES

HOUSTON, Tex, Dec. "a
G.N.S0.-Houston yesterday paid
tribute to Jesse H. Jones, chair
man of the reconstruction FL
nance Corporation and the city's
most distinguished citizen.
The day was officially desig-
mated Jesse Jones Day" in a
proclamation issued by Mayor
Oscar Holcomb, who said:
"The citizens of Mr.. Jones'
home city have had no ap-
prOpriate opportunity to express
in a formal way their admira-
ton for his work and the
esteem in which they hold
him."
Highlight Of the days pro-
gram was the unveiling of a bust
of the RFC chairman.
Mr.. and Mrs. Jones are spend
ing the holidays here.
The Washington times., 1934-12-28
Sec. Hull Breaks
Record to Sit
Forfeiture

Secretary OF State Hull is 60
ing to have his portrait painted
like other Secretaries of State
even though it already has cost
him his lifelong record for
punctuality, it transpired today.
The day he took office, March
S, 1882, Mr.. Hull appeared at
9:05 a. m. Since then that has
been his starting time. Yester-
day the minutes licked off far
past that point. Attaches of the
department were apprehensive.
Then the news leaked out.
In a small improviSed studio
at the Carleton Hotel, the Sec
retary is sitting daily for IS or
20 minutes for Harold Bowler,
the New York portrait painter,
The Washington times., 1934-12-28
GAS RATE CASE
DISMISSED

Judges Morris A. Soper and w.
Calvin Chestnut, of the United
States District Court at Baltimore,
two of the three jurists before
whom the Arlington county rate
fight of the Rosslyn Gas Company
with the Virginia State corpora
ton commission had been carried,
today signed an order dismissing
the suit, it was announced by Ar
lington officials.
Their action followed acceptance
by the Arlington county commits
sioners of a compromise rate re-
duction. It is believed the dis
missal also will halt move to at
tack the compromise plan.
The Washington times., 1934-12-28
SHOT TGUNSENDS
MAN To JAIL

Convicted Of possessing a
Sawed-off shotgun, Benjamin
Covell, AZ, was sentenced by
Judge Ralph Given in Police
Court to serve $50 days at Occo-
guam.
Bertram Emerson, jr., attorney
for the defendant, gave notice he
would file a motion for a new
trial. Meanwhile Covell was re-
leased under $1,000 bond.
Covell was arrested in the An
napolis Hotel last September by
Secret Service operatives who
went to his room to look for
counterfeit money. During their
search they found a 12-gage
sawed-off shotgun and .32-caliber
revolver, they said.
The Washington times., 1934-12-28
ADVER RTIsEMENT
Colds That Hang On

Don't let them get started. Fight
hem quickly. Creomulsion combines
helps in one. Powerful but HARM
9ss. Pleasant to take. No narcotics.
Your druggist is authorized to re-
und your money on the spot II
YOUR cough or cold is not relieved
DY Creamulsion.
The Washington times., 1934-12-28
Driver ExOnerated
In Ingalls, Death

Marion Harper, 80, colored, Of
BoStcn, Va, was exonerated yes
terd9'- W a coroner's jury follow.
ing inquest into the death Of
Da lgallS, 80, who was struck
BY :er'S car December IA, at
EaS, Executive and Pennsylvania
Avenues Northwest.
Mr.. ingalls, died at Emergency
Hospital Christmas Day.
The Washington times., 1934-04-12
D. c. RELIEF BILL
HEARING SET '

The judiciary subcommittee OF
the House District committee will
hold a hearing on the Norton bill
to transfer the powers Of the
Board of Public Welfare to the
District Commissioners Tuesday
morning, it was announced today
by Representative Vincent l..
Palmisano CD Of Maryland, sub
committee chairman.
Representative Mary T. Norton
CD of New Jersey, chairman OF
the House District committee,
author of the bill, stated today
that this measure would place
the responsibility for welfare ad-
ministration where it really be-
longs" instead of upon a non
salaried body. She said:
"T have never found that 1t
Is possible to get good service
from people who are not paid
for their work. When they are
not raid to do . job, the re-
suit is that they don't do it."
The subcommittee will hold a
hearing Tuesday, also on a bill
amending the act to establish a
board of indeterminate sentence
and parole, which authorizes the
board to parole District prisoners
in Federal prisons.
The Washington times., 1934-04-12
BOWLES MUST
FACE TRIAL

Norman Bowles, disbarred Wash
ington attorney, today was ordered
removed to Baltimore to stand
trial on charges of failure to file
income tax returns in 1881 and
making a false return.
The removal was ordered by
United States Commissioner Need
ham C. Turnage following a hear
ing, and bond was set at $4,000
for his appearance in District
Court in Baltimore, April 10.
Bowles was indicted by the Fed
eral grand jury in Baltimore this
month on the two counts. He de-
Tended himself at the hearing this
morning. The Government was
represented by Assistant District
Attorney Charles Murray and Cor
aelius Mundy, of the District At
torney's office in Baltimore.
The Washington times., 1934-04-12
SEEK
30-DAY LEAVE

Restoration Of 80 days annual
leave is perhaps more desired
than anything else by Govern
ment employees, now that pay
restoration has been achieved,
said E. Claude Babcock, president
of the Americann Federation Of
Government Employees, in a radio
talk last night.
Government workers, he said,
have been in so continuous state
Of uncertainty for two years that
they feel the need of rest and a
refreshing change of environment.
Vacations, according to Mr.. Bah
cock, will increase their efficiency
and add to their value in the
service.
The five-day week and upward
adjustment of salaries are impor-
tant demands, he said, but Of
greater immediate Importance is
the restoration Of leave, with the
improved standards Of Govern
ment service it would imply.
The Washington times., 1934-04-12
STARS TESTIFY
|NPRODUCER'S s
BALM SUIT

LOS ANGELES. April IL GIN.
S).--Following testimony by a
galaxy Of Hollywood celebrities, a
jury today was scheduled to re-
ceive the 100000 heart balm suit
Of Marjorie Whites, known in
films as Marjorie Gay, against
Harry Joe Brown, film director
and husband of Sally Eilers,
blonde star.
Miss Whites claimed that Mr.
Brown tilted her to marry Miss
Eilers. Mr.. Brown denied 1t and
said that he was "juSt a friend"
Of Miss Whites.
Stars Testify
The Hollywood celebrities in
cluding pretty Airline Judge, film
actress, testified in effect that it
was Miss Eilers and not Miss
Whites with whom Mr.. Brown was
seen during the summer OF 1888.
Miss Whites testified that Mr..
Brown had been in her company
most of the summer. He married
Miss Eilers last September. Miss
Judge testified:
"I've known Harry Joe Brown
for three years. Last summer
1 saw him and Sally together
six times at parties. never
saw him with Marjorie Gay"
Mrs. Hal Roach, chic blonde
wife Of the film producer; Mrs.
Milton Bren, attractive brunei
wife of a film agent; Bebe Dan
iels' mother, Mrs. Phyllis Daniels;
Russell Mack, noted director, and
Richard ("Skeets'D Gallagher, the
actor, all testified that they fire.
quently had seen Miss Eilers and
Mr.. Brown together last summer,
but never had seen Miss Whites
with Mr.. Brown.
Gave Her $1,000
Mr.. Brown admitted that the
night he departed for Europe he
gave Miss Whites $1,000 and
that at the train he had kissed
her goodby.
In rebuttal, Betty Pagel, pretty
secretary formerly employed by
Mr.. Brown, declared that "Mr.
Brown had me call Miss Gay
for him almost every day during
the period before he went to
Europe.
The Washington times., 1934-04-12
Thespian Society
To Present Comedy

The Thespian Society, OF Lne
Covenant-First Church, will pre-.
sent Come Out Of the Kitchen"
a three-act comedy by A. e.
Thomas, at Pierce Hall, Fifteenth
and Harvard Streets Northwest,
April 13 and IA, at $40 p. m. The
cast is headed by Clara Tate and
Arthur Wise. The other roles are
played by Anna May Poor, Ethel
Wakefield, Isaac Avery, Wilton
Colt, Helen Maughlin, Richard
Thorn, Emily Tate, George Rose
and Leo Quackenbush. c. r.
Schmitkin, assisted by Emily Davis,
is directing the production.