davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-23
Chicago Stocks
ev Anoolt aoppln s Co.I
Cash Grain
INDIANAPOLIS


Aug 22-
The bids for car lots OF grain az the
call Of the Indianapolis Board OF Trade.
(. 0. B., shipping point. basis lilac to
river. were.
whest-Easy No. l red, 92iaG9Sisc; No.
red. 81 s092 &C, No ? hard. % "a 93 &C.
Corn-Firm: Nc ? white. 72g 7Se; No
yellow. 70G7le No. mixed, 7oG7ic:
No mixed 69d zoe
Oats-Stesdy; No. ? white 4sd5Oe; No
white asa 49c.
Hay-Steady. f. o. b. country points
taking 23i2c or less rates 70 Cincinnati
or LOUISVILLE; No l timothy. sl4Gl4.50
Inspections
Wheat No. red car. Total. l car.
Corn-No. white. / car: No. white,
2 cars, No. ? yellow cars; No. 3 yellow.
10 cars; No. yellow. / car. Total. u
cars.
Osts-No 3 white cars: No. white.
l car; sample white, cars. Total cars
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-23
New York Bank Stocks
Retail Coal Prices
(By Abbott, Hoppin & Col

The following prices represent quotations
from leading Indiana polls coal dealers.
ascent carrying charge per ton will be
ADDED. ,,,.-sr,, ,rr.u ,Y,CrS
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-23
SHEEP AND LAMBS

Receipts, 1000: Market, Steady.
Lambs 80 lbs. down. good and
Common and medium ....... 5.OO@ 100
Ewes
(9o-12o) Good and choice ..... 1000 800
120-150) Good and choice 1900 ESQ
All weights. common and
medium Observation-Disclosures 1.OUtQ z.UU
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-23

BY Abbott. Hoppin & Co..
Aug u
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-23
On Commission Row
Aug. %

Quotations below are average retail
prices being offered to buyers by local
commission house dealers.
Apples--Fancy Delicious. 81; Trsnspar-
ents. S1.5001.75.
Peaches-Indiana Elbertas. bushel, s2.2S
G2.50.
Oranges-California Sunkist. s5.25; Va
lencias, s4256525.
Lemons-Sunkist. $3.50
Grapes-California seedless. crate, sl.4t
Grapefruit-Florida seedless. s42564.50.
ntaloupes-Indiana. bushel, 75cqsl
Pears-Bartletts. $l.75.
Watermelons-25c.
BananaS-Pound. SC.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-23

TINE daring economist claims
Il that President Roosevelt is do
ing exactly what was done in Eng
land. except that he is doing 1t in
a different way. And he insists,
IF they succeeded in England,
where the cotton trade and shipping
are diving out and where prosperity
depends up TO 80 per cent on for
eign trade. how much more easily
will they succeed in America, with
her unbOunded resources, her
masses Of gold, her lack Of depend
Snce on foreign trade and her popu-
alton Of one hundred and twenty
We millions. who can trade with
ne another without the impeachment
T tariffs"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-23
inspections
Local Wagon wheat
by United Press

City grain elevators are paying 90 cents
for No. soft red wheat. Other grades
on their merits
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-23
Bond Prices
BY Fenner & Beane
U. S. GOVERNMENT BONDS

7 bU UNItc0 PTGSS
NEW YORK, Aug 22.-Closing Liberties
! (decimals represent thirty-seconds):
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-23

IS May l. 1924 ......... $500 1916
! As July l. 1851 ............ 1920 $3.50

Federal Farm Mortgage Corporation
IS May IS. 1894 ... 9810 SO 20
3Hs March Is. 1964-44 ..... 100 100 IL
The latter four quotations are in thirty
seconds
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-23

DUT money is also used as a
ID store of value for which the
public demand varies according as
they think it IS likely to appreciate
or depreciate in value. If money is
expected to appreciate. G., If gen.
eraI prices are expected to fall, Ow-
ing. saw. to loss of gold. a strained
banking position or bank credit con-
traction through nervousness -
people tend 10 spend money less
RAPIDLY on goods and industrial
securities. whereas if money is eX-
pected to depreciate, owing. say. 10
credit expansion. holders Of money
balances tend to spend them more
rapidly on goods and industrial
securities. In this way factors re-
lating 70 money itself and 10
changes in its quantity and in its
expected future value as compared
with goods may largely influence its
short-rm flow and thus affect gen.
eral business.
Mr.. Angas makes the point that.
contrary TO the general claim that
imitation already has failed in this
country. il has not really begun. 1t
has taken a year he maintains, 10
prepare the groundwork for it. He
believes that this warming up Of
the credit machinery will bring
trade, prices and shares to higher
levels in America"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-23
Money and Exchange
FOREIGN EXCHANGE
INDIANAPOLIS BANK CLEARINGs

Aug %
Clearlngs 81 47g 600 90
DEBTS 5000 900 90
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-08-23

TT is because I feel that this view
Il is so widespread that I humbly
offer this book as an attempt 10 ex-
plain and justify the Roosevelt eX-
pertinent and 70 show how. if,stead-
tasty pursued. 10 is bound TO reach
a successful conclusion.
'NOnmOnetarv factors. such as a
changing need for goods. variations
in tastes. efficiency in production,
varying harvests and so on. are I'M
doubtedly the cause of considerable
minor fluctuations in trade. but the
great underlying causes of the big
Cyclical swings from prosperity to
depression are undoubtedly purely
monetary IN character. In modern
economy money is interposed be-
tween every exchange of goods and
services. and in view Of this many
people are inclined TO regard it
solely as a medium of exchange
and no more or less important than
the lubricating oil in an engine.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1934-09-17
Tuesdays Vote In Wisconsin Will Be
Test For Third Party Sentiment

and his brother, Philip, head the
Wisconsin Progressive party
ticket as assured nominees for
the senate and the governorshlp,
Democratic and Republican pri-
maries will select November OPP
ponents for the Progressive slate,
Politicians are as eager for re-
turns from Wisconsin as they
were a few days ago from Maine.
In 1882 Wisconsin cast just over
/ 100000 votes. The effective
ness of the Progressive appeal
will be measured Tuesday by
comparing the LaFollette vote
with the poll of the Democratic
and Republican candidates.
President Roosevelt boosted the
LaFollette cause with kind words
in his Green Bay, Wis, speech IN
August. The effect of this gest-
ure was reduced somewhat by
similar blessing of Democratic
governor who is a candidate to
succeed himself.
~ The LaFollette bolt of the Re
publican party which they long
CONTINUED on page two)
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1934-09-17
DEATH CLAIMS
]. A. MADDREY
Former HendersOnville
Banker, So, Buried at
Winston-Salem

WINSTON-SALEM, Sept. II.
James Anderson Maddrey, SO,
.66S Holly avenue, one of Win
ston- Salem's best known citizens,
died at a local hospital Saturday
morning at 1 o'clock. He was
taken sick at Asheville about two
weeks ago. He was brought back
to this city and was carried to
local hospital for an operation
Thursday of last week. 1t was
thought he was improving until
"wednesday when he suddenly
took a turn for the worse and ms
condition was critical until his
death.
Mr.. Maddrey was born Febru-
ary IS, 1865, in Northampton
county, near what is now the
town of Severn. He was the son
of Henry w. Maddrey and Their
esa f.. Lilies Maddrey. He attend
ed Wake Forest college for two
wears, during the sessions OF
.lSSO-81 and 1882. In the fall
of 1883 he accepted a position
as clerk in the store of Cooke
and Harrell at Murphreesboro
and remained there until this
business closed in 1888.
In August of 1888 he moved
TO Hendersonville, accepting
position as assistant cashier IN
the bank of George H. P. Cole,
banker" which in April of 1889
was organized into the State
Bank of Commerce. He remain
ed with this bank as assistant
cashier and cashier until 1902
when the bank was taken over by
the Bank of Hendersonville, when
he was elected cashier.
He remained with the Bank of
Hendersonville until January OF
1907 when he moved to Winston
Salem, where he accepted a po--
sition with the Peoples National
bank. In June of 1916 he re-
signed this position to accept
position with the Boyles Brothers
clothing store as office manager:
In February, 1918, he accepted
a position with the Merchants
Bank and Trust company, then
the Merchants National bank,
where he remained until 1926.
The deceased joined the Rob
erts Chapel Baptist church when
~ years of age. After moving to
Murphreesboro he moved his
membership to the Murphrees-
boro Baptist church, then to the
Continued on page two)
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1934-09-17
BECK
LAID TO REST
AT MUD CREEK
Father of Albert Beck
Was Prominent
Churchman

Funeral services for Jacob H.
Beck, SO, who died on Saturday
afternoon about 5 o'clock at his
home in Lenox Park, were held on
Sunday afternoon at the Mud
Creek Baptist church.
Services were in charge of the
Rev. Carl Blythe, assisted by the
Revs. w. A. Morris and Broadus
E. Jones.
Mr.. Beck died at his home after
an illness of about eight months.
He had been critically ill for a
week.
He was born January ~, 1854,
in the Clear Greek section. In
early life he became a Christian,
and Joined the Ebenezer Baptist
church. In 1878, he and his
wife, who was Emma Gardenlai
Johnson, united with the Mud
Creek Baptist church where his
membership was until death.
For 40 years he was clerk OF
his church, and senior deacon at
the time of his death. For Many
years he was a trustee of the
schools in his community.
Mr.. Beck was known by his
fellowman as a man of outstand,
ing qualities, always honest ana
steadfast in what he thought was
right. nG
He is survived by his widow,
and one son, Albert Beck; l0
grandchildren and several great
grandchildren.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1934-09-17
1.-THE MAKING OF THE CONSTITUTION
WHAT YOU SHOULD KNOW
ABOUT THE CONSTITUTION

This is the series of six articles reviewing the his
tory and contents u S. Constitution in observance OF
the 147th anniversary of the Constr
tution's birth, Sept. II, 1887.
TIME Constitution United States which is lat years OLD
outgrowh of the failure of the Articles
of Confederation by which the original 13 colonies held to-
gether during the Revolution. , g..
Under Confederation there president to enforce
the laws Congress could not raise directly and the
states were lax in furnishing funds .....--,
Furthermore could not regulate commerce among
the states with foreign countries and could not even pre-
vent the states from issuing paper money.
So Congress called meeting in Philadelphia Ito revise the
Articles Confederation" The greatest men of the time TOOK
part in convention George Washington lent dignity ana
soemnty Benjamin Franklin then 81, gave Of his eX-
perience and wisdom.
lanes Madison made thorough study of previous conven
tions in history and the famous Virginia Plan when
became the basis for the Constitution. ~,
But not before compromises had been effected Three
compromises are The first resulted in two
house legislature the having equal state representation
t the smaller states the House of Representatives.
having proportional representation to the larger states
second compromise permitted counting slaves three
fftbs for both and representation And the tho
satisfied the North with the passage OF Navigation
acts bv majority Congress- and the South with importation
the next 20 at tax OF no more imam @o
q head. >, - ,-oo -, auh
ratification least OF the ID
New HAMPSHIRE the ninth state June 21 1885, ana
b Constitution became the fundamental law OF the unit
ed States.
NEXT: Legislative provisions of the Constitution.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1934-09-17
ENLARGE fight
EXHIBITION
Boxers Set for Gong in
American Legion
Event Tonight

Arrangements were complete to-
dav for the third American Legion
boxing carnival which will be
staged at the high school gym
nasium tonight, beginning at S;oo
o'clock.
All fighters were reported to be
in good shape for the boute. Fight
ers are all donating their services
and all fights are under amateur
rules. The entire proceeds will go
to the Hubert M. Smith post OF
the American Legion to be used IN
connection with the clubhouse.
An extra feature bout was add
ed to the card this morning when
Marvin F. Sutherland, the demon
electrical statesmen, expressed the
wish to settle a private grudge
against John Paul Jones, the pow
er behind the American Enka
throne, in public fashion in three
rounds tonight.
Another excellent show of fistlc
and other wares is expected when
Brownlow Jackson, IT., and Ar
thur J. Redden, the big game
hunter, meet in a three-round en-
counter for the heavyweight cham
pionship of the county Republican
party.
The main bout will be between
Pug Hinton, popular Henderson,
vile and Brevard fighter, and
Rufus Seay, fighting Marine, who
will come up from Spartanburg'
IS. C. Seay is on leave from the
Marine barracks in Hawaii. Both
men are excellent fighters and a
real bout is expected.
Norment Quarles, Henderson
ville's candidate for lightweight
honors, will appear as referee at at
the main bout. Jimmy Fam VIII
be the third man in the ring for a
number of bouts, and Senator
Continued on page four)4
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1934-09-17
CHEROKEE COUNTY'S
FAIR IS SEPT. 1873

MURPHY; Sept. 17.-Arrange-
nfents are fast taking shape for
Cherokee county's annual fair,
which is scheduled for September
1929, officials said this week.
This year the fair will be held
in practically new buildings. I'm
der . ,CWA project last spring all
buildings were torn down and
moved back about 200 feet. The
main exhibit building was rebuilt
entirely, and floored as an added
Improvement and the grandstand
over the exhibit hall was eliminat-
ed. &"ia5 ST
The moving of the buildings
gave considerable more space for
midway attractions and athletic
events, as we'll as added to the at
trsctiveness of the grounds.
Quay Ketner, county agent, who
is assisting Officials and exhibitors
in preparing the displays, said this
week that indications are that this
will be the biggest and best fair
ever held. Crops over the county
have been unusually good this
year, ne said, and according to
advance preparations, the largest
and best display Of farm and field
crops eyer seen in this section
would be ,exhibited,rso sal
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1934-09-17
E5 GEORGIA MILLS ARE RE0PENED TODAY
HENDERSONVILLE WILL SEND
SECOND LARGEST GROUP TO
PARKWAY HEARING TUESDAY
Special Train to Leave
Asheville at 7 O'clock
Tonight

Hendersonville's delegation to
the national parkway hearing in
Washington tomorrow had in
creased to 80 today, and will be
exceeded in size only by Ashe-
ville's when q special train to the
national capital leaves Asheville
at 7 o'clock this evening.
Reporting additional names for
X. l.. Edwards, chairman of the
local delegation, II. f. Buchanan
said this morning that interest in
the trip and in the hearing had
increased rapidly over Sunday,
and that others may vet decide to
60. In any event. Mr.. Buchanan
said, the group from Henderson
county will be the second largest
and of sufficient size to be as
signed special coach. e..
The Western North Carolina
parkway delegation of more than
200 persons will arrive in Wash
ington at z a. m. Tuesday and
will have headquarters at the
Mayflower hotel, several bed
rooms and a parlor having been
reserved by the Asheville news
papers. At 2:30 p. M, represent
tatives of North Carolina and
Tennessee will present arguments
to Secretary of Interior Ickes on
the question of whether the $780,
100000 parkway from the Shen-
andoah to the Great Smoky Noun
tain park should be routed thru
North Carolina or Tennessee aft
er it leaves Blowing Rock, N. C.
The special train will leave
Washington for the return trip at
8 p. m. Tuesday and will arrive
in Asheville at 8 a. m. Wednesday.
The 80 members of the delega-
ton going from Hendersonville
will be: H. H. Ewbank, L, A. Blair,
A. H. Houston, T. L. Durham, G.
W. Justice, w. H. Britt, o. Y.
Brownlee, A. V. Edwards, B. L..
Foster, J. H. Riggan, W. R. Nc
Cav, o. Roy Keith, q. c. Byers,
DR.. w. R. Kirk, H. B. Kelly, r. l..
Edwards, J. H. Yelton, j. W. Bal
ley, j. Foy Justice, o. V. Powers,
w. M. Sherard, H. E. Buchanan,
R. C. Station, DR.. R. E. Taylor,
E. R. Foor, J. H. Lampley, G. j..
Vile, T. D. Clark, l.. r. Geiger,
and Mingus Shipman.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1934-09-17

WASHINGTON, Sept. II Cup
President Roosevelt was called
upon last night by the newly-or-
ganized America First, Inc, to dis
miss rs administration offlcials
who are gin active opposition TO
our social order" 49, - 8,
The list of officials was headed
by Donald Richberg, executive d.
rector of the National Emergency
Council. = -. -
America First, Inc, announced
a week ago it was organized to
"turn the X-ray on the New
Dear' and defend the Constitu-
ton. It's letter to Mr.. Roosevelt
last night was signed by ames
True, president. He is Wash
ington business writer who was
barred from press conferences by
Recovery Administrator ohnson.
Johnson accused him of distorting
NRA news. True denied it. ,
Questioned concerning financial
support for his organization, True
said he depended on contributions
from decent industries" He said
he would issue financial state
ment later. ~ r.s .ss..s., 80 =
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1934-09-17
Ask Roosevelt To Dismiss Is Officials
For Opposition To The Social Order

Other officials whose discharge
was demanded by America First,
Inc, included: - .
Rexford G. Tugwell, undersec-
rotary of agriculture; James M.
Lands, federal trade commission
err; Frederic C. Howe, chairman
of the consumers council; Henry
T. Hunt, public works ADMINISTERS.
ton counsel; Paul H. Douglas,
NRA consumers advisory board
Secretary Of Interior Harold L..
Ickes; Secretary. Of Labor Frances
Perkins; William E. Dodd, ambas-
sador to Germany; Arthur E. Nor
gan of Tennessee Valley Author
ity; Leo Wolman, chairman of the
NRA labor advisory. board; VIM.
C. Bulltt, ambassador to the So
Wet Union, and Robert Fechner,
director Of the Civilian Conserva-
ton Corps.
Gall or nearly ALL" said Amer.
lea First, Inc, "of those on the list
are or have been members OF, or
contributors to, the American
Civil Liberties Union and other
subversive groups" , ,:.s
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1934-09-17
SENATE GROUP
IS URGING new
BANK SYSTEM
Declares Present Plan Not
Adequate for the Ma
tons Welfare

WASHINGTON, Sept. II (UP)
The nations banking system is
outmoded, archaic and incapable
of adequately performing func-
tons essential to the economic
safety and welfare Of the country,
the Senate Banking and Currency
committee charged last night.
In another of series of reports
growing out of the stock market
, investigation, the committee de-
manded basic reforms.
Reformation and correction, in
retrospect of comparative trivial
ties, will not SUFFICE" the report
said.
"a banking system which per-
mits of circumvention of, its legal
safeguards merely by organization
of corporation under the favor
able and amenable corporate laws
of a state, is fatally deficient.
"a banking system which per-
mits persons, without any particu'
lar aptitude, training or back
ground to legally assume the per-
! Torrance of the vital duties of a
banker, possesses dangerous poten'
tialities.
The committees report was
based chiefly on disclosures made
in the inquiry into banking condi'
lions in Cleveland, o., and De-
troit, Mich.
Events leading up to the col
lapse of the Guardian Detroit
Union Group, Inc, and the De-
troit Bankers Co., were traced by
the committee in leading up tc
sharp condemnation of the entire
system of group banking.
The failure of these organiza'
lions, the report said, could not be
attributed to the stock market col.
lapse, the depression, the banking
holiday or the competency or hon
esty of the persons controlling the
institutions. >,
Centralized control of unit
banks, it was stated, possesses in
herent latent deficiencies and dan
gerous potentialities which inevi'
tably become patent when the sys'
tenn commences to function"
"The most patent deficiency OF
group banking" the report con-
tinued, "is that the group is only
as strong as it's weakest unit :.
loss of confidence in one unit nee.
! essarily occasions dimunition OF
trust in the affiliated units. The
group companies must strain
every resource to maintain public
| faith in all the units, including
the parent company"
Difficulties encountered by the
Union Trust Co., and the Guar
| dian Trust Co., of Cleveland, U.
resulted from "the unsound bank
ing practices and mismanagemen
of the institution over period O.
years." the report charged. .
Similar banking abuses includ
ing false and misleading reports
loans to officers, excessive div
dends and "window dressing" ex
listed in both Cleveland and DE
troit, it was stated.
=, The committee described tn
functions of commercial banking
as calling for flexible extension o
credit to industry without undu
risk to public deposits.
Instead of a comprehensive an
flexible system there exists today
the committee said, only "bank
inc labyrinth" which is "incohe
rent, disjointed and diversified"
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1934-09-17
b. LYLE c. WILSON

United TfeSS SIaiA
WASHINGTON, Sept. II. (UP).
Sentiment for a third party
headed by the LaFollettes and
enjoying the passive friendship
Of the new deal administration
win be measured Tuesday in
Wisconsin's statewide primary
election.
Success in Wisconsin would
lend impetus to the movement
for party re-alignment which is
making itself felt throughout the
nation. In neighboring Minnesota
Governor Floyd B. Olson leads
the Farmer-Labor party when
appears to be safely in control OF
that state. O..
California offers Upton Sim
clair, former Socialist, as over
whelming Democratic choice Tor
the gubernatorial nomination.
Senator Hiram w. johnson, vet
eran Progressive Republican; was
nominated to: succeed himself ny
jail California parties. i9.on. :
Senator Robert NJ. LaFollette
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1934-09-17
JONES BACKS
LABOR'S aims.
Baptist Pastor Says Both
Sides Guilty Of Exceed
ing Strike Rights

Declaring that he was person.
ally in sympathy with the aims
of labor, that he believed in
shorter hours, higher wages, and
IFoileetive- bargaining, and that
the Christian church has failed
to do its duty in teaching the
principals of brotherhood, the
Rev. Broadus E. Jones, pastor of
the First Baptist church, deliver
ed a sermon on "The Message on
the Textile Strike" to a large
congregation on Sunday morning.
christianity" he said, "is OPP
posed to war, to war between ma
tions and to war between classes.
The church would make a mis-
take to give it's benediction to a
class war, but the church has a
right to denounce capital for its
oppression of labor and labor
for its oppression of capital.
"The textile strike is an eco
nomic war. Labor is seeking an
increased share of the necessi-
ties and comforts of life, while
capital is seeking to recover
loses, pay dividends and ETC., but
it is also a human problem. In
the present strike he declared
that both labor and capital will
be guilty of unethical methods.
"The Christian message is
first" he said, that the use OF
violence is false method. La
Dor has the right to strike and
the right to seek to persuade
other workers to leave their
work, but not the right to en-
ploy violence, nor has capital the
Continued on page FOUR