davidaulloa/AmericanStories huggingface dataset:
The Waterbury Democrat., 1934-05-14
Business Must Make
 It's OlUn Con1e-Back
Crucial Test Will Come When Government Withdraws
 It's Support From Job Creation

and financial chaoB.
 Neither state socialism nor un- controllable imitation Is desired. Hence, it iB of the utmost lmpor. tnnce that everything possible be done to extricate the government from the economic system before it is too late. The. longer the pres. ent situation continues, the more difficult 1t will be to effect the tronsition.
 A comparison of present condi- tons with those of yolr ugo leaves no room for doubt that con. siderable progress has been made toward recovery. The most dis. quietinR feature of this sltuntlon IA tknt much of the progress hus been achieved through public, ruthor than private. initiative. Tho difficult transition from public Go private enterprise iS yet to be made, and it cnn succeed only If certain elemental requirements are observed.
 The principal necessity of tho situation can be summarized In ono word--coDildencc. There is m abundance of idio capital and labor seeking employment; but capital and labor can unite productively only lh the form of q business en- torprisc, and IL business enterprise can Do undertaken and operated with reas0nabio expectation of rurviving and prospecting only ir m environment suited to its needs. TO furnish such n background ls the present task of the government ---for, in hte final analysis, bust. ness must be placed in n position to generate It's own recovery, if k to be restored and sustained. Lasting recovery cnn De achieved only on the solid foundation Of the earning power of capital and tho productive ca' racity of inbor. not through gov- uinment spending.
The Waterbury Democrat., 1934-05-14
IMPROVEMENT IN
 BUSINESS NOTED
Local Office of MIRA Has Received Glowing Rec.
 ord From Capital

Striking Improvement In busl- ness conditions all over the coun- try in the 12-month period be- tween March, 1883, and March, 1884, are reported in a survey made from Washington and re- ceived here today by the Water bury office of the NRA.
 Factory employment climbed 37 per cent In the first year of Presi- dent Roosevelt's administration. while factory hourly pay showed A climb of 22 per cent.
 A group of 421 selected stocks on exchanges all over the country were up 86 per cent. while buSi- ness failures went down '44 per cent.
 Two of the most sensational in- creases were registered ju iron and steel production and automo- bile production, both of which are considered valuable business indi- cators. Iron and steel productions made n gain of 200 per cent and manufacture of automobiles was up 194 per cent.
 Factory payrolls made m ln- crease of 72 per cent, factory production rising 42 per cent at the some time. Employment In the retail trade showed 22 peE cent climb.
 Mineral production rose 23 Der cent. while electricity consumption climbed % per cent In the years period. Freight carIoadipgs jump ed 31 per cont.
 Gains in sales were reported az follows: Department store sales, 4G per cent; variety store sales, SC, per cent; rural genera store sales, G6 per cent; candy sales, 48 per cent.
The Waterbury Democrat., 1934-05-14

New York, May 14-Tho crucial test of the whole recovery pro- gram will como when. tho Federal government withdraws its support from the many millions of persons who have been wholly or partly dependent on it and tho burden must be assumed by private bus mess, states tho Guaranty Trust Company of New York In It's rec view of business and financial con. dltionS fin tho United States and abroad.
 The termination of emergency employment under tho Civil Works Administration and the apparent tendency of the administration to avoid further drastic emergency Legislation have brought tho coun. try facc to face with perhaps the most crucial question of the entire recovery program --- how and to what extent. pl ivate business VIII be able to resume 'itB normal func- tons and permit the government to withdraw, gradually from the economic Aeld. Tho Survey con' tinuos. The question does not ap- ply to tho c. W. A. alone. It covers tho whol0 range of emergency hc- tIvitlcs whereby the government has undertaken to relieve the con-, dltions roBultiAs from the depro5@ sion.
 The critical nnturo of tho prob lem is only too obvious. The ans nouncement Of tho plan for "do- mobilization" of tho C. W. A. was followed by q storm Of protest not only from G. W. A. bencicinrics but also from local officials md 70. cinl workers who saw themselves faced with n Hct of serious pr0b- lomY nfter the withdrawal of fed- ernl cid. Tho situation furnishes one moro illustration of the wcfl. known fact that it 'b much easier for government to embark on schemes than it is to escape from them later on.
 1t K evident, nevertheless, that the cOuntry's economic structure ih being perinoatcd with a vast and complicated network Of govern mentally sponsored activities ln in- dustry and finance and thut these activities will sooner or later cn- tail process of transition where" by tho government will grnduhl ly retire nnd permit it's place to Dc taken by private buBInoss. Many millions of persons have been wholly or pnrtly depondopt on the federal government for their cur rent supports. md. when thls iB wlthdru wn, tho burden must be hS. sumcd by private business. That transition will brlna tho crucial test of tho whole rocovcry pro- grnm. If t is successfully nccom- plIahod. tho main objective of the hNow DoaI' 'wiI have becn achiev. cd, as far as its recovery aspects are concerned. If not. the govern mcnt will have no choice but to carry tho burdon for m indefinite period.
 in such m event. tho ultlmnte outcome dehes prediction. On the lupposltion that some means could be found to make tho program pay its own way. the logical result would seem to be q semi-soclallstic regime In which tho government would carry on those activities from which 1t hnd bccn unable to withdraw. If. on the other hand, TO means should be found to meet the enormous scnle of expenditure thnt such q program would in- vOlvc, it would become impossible to avoid dlrcct currency Imitation
The Waterbury Democrat., 1934-05-14

the same side of the road. Stop and put suitcase about three tO six feet from post. Get in car and drive straight out Fircstone and circle to left for Los Angeles over"
 The other side of the note bore tho signature of Gentle, according to authorities.
 Heard Several Shots.
 While the emissary was carry ing out the instructions contained in this note, he heard several shots which caused him to believe m attempt to hlgh-J Jack the money was underway. He whlrled his car around and sped back to Los An- geles.
 Reports were current that the unnamed emlssary was forced to shoot his way out of high jack trap but 1t was later established that the shots were fired by q Downey constable Ut n fleeing burg far suspect.
 Authorities then sent squadron of radio cars into the district and picked up three men. one of whom had n gun and q map of Los Angeles. They were released after satisfying police they knew nothing of the case.
 It was pointed out that note No. l was received by noon several days ago and advised him that further communications were forth coining. The finding of the other two notes resulted from tele. phone call Ut noon last midnight.
 Confident Of Contact
 Sheriff Eugene Blscailuz, District Attorney Baron t'itts, Federal Agent R. E. Vetterli and others who arc directionf the campaign were confident another connection with the kldnapers could be made soon.
 Following m all-nlght vigil nt the Gettle home, Attorney Ernest F., Noon, representing the family, Is. sued n plcn to the abductors to- re. new tho contact.
 "f nm confident Gcttie ls nlive and unhnrmed and nm keeping to the policy of watchfui wniting," Noon 'shld. "tbe $60,0 demanded by the kidnapers in what l am .cer- tain Is m authentic mcssngo Is ready"
 Before returning Go his home Co. day. Attorney 1'lttS said hc cx. pectcd to have "nn important m. aouncement to make at 2 D. m. but refused to reveal It's nature.
 Eliminated Fake Calls
 Mcan" while authorities believed they hud eliminated to q great ex.s tent tho fake telephone cnlls nnd ransom notes usually attendant upon n Kidnapping.
 Fred Kelley, 33-yenr.old apart mcnt house manager, was held jn the county Jail on charges of sus- plcion of oxtortlon after noigh. bors told police they overheard him telephone Noon and give him instructions regarding payment of the rnnS0n.
 Kelly denied tho charges.
The Waterbury Democrat., 1934-05-14
By ELMER c. WALZER United Press Financial Editor

New York, May 14-(UP)-The stock market today staged . whirl- wind rally in the late dealings and closed irrcgularly higher after zoe ing through q shakeout In the early trading that brought the indus trial average to new low sinco early November.
 Tickers fell behind on the re- coyery just us they did in tho flrss part of the day when selling. was In large volume. When practically all the leading issues had been de- pressed to new low ground for the year or longer, shorts covered. Some timId long buying also was noted. and Q few of tho profes. slonais, long out of the market, were reported coming back In the issues that had beea liquidated heavily.
 There was nothing In the. news to account for the sharp rally. The main reason appeared to he the
The Waterbury Democrat., 1934-05-14
Market Staged Good Rally in the Late Dealings
WORKMEN GOING
 BACK FOR JOBS
Several Hundred Returned to Pratt and Whitney
 Plant To-day.

East Hartford. Conn. May i4-- tUP)-WOrkme at the Pratt & Whitney Aircruft Co. who had been on strike for . month. began re- turning to their jobs today.
 A crowd of thousand or more milled about the plant as several hundred were admitted to the fac. tory, but there was no disorder only few were permitted to en- ter the factory ut one time. Most of the workers were employed by Pratt & Whitney and q compar- ntively few by the Hamilton Stan- dnrd Propeller Co.
 Thirty state policemen. 10 East Hartford regulars and 30 super numernries were posted at the grounds by the town. They ere not requested by company officials.
 The workers quit April 10 de- ma anding restoration of n 10 per cent wage cut to bring the level to the 1929 scale. The issue remained unsettled today and will be taken up by the regional labor board at Boston Wednesday, 1t was under stood.
The Waterbury Democrat., 1934-05-14


 Message Of President
 Washington, May i4.--OUP). .--- President Roosevelt today sent 10 congress n message urging a n1- tion-wide home modernization and repair program.
 Tho president snld tho progrn m would consist of four major inter- related divlslons:
 1. Modernlzntion. repair and new construction.
 2. Mortgage insurance.
 .. Mortgage associations.
 I. Building and loun insurance
 "Fhe purpose of tho program ia twofold." Mr Roosevelt said. "FIrsi tO return many of the unemployed to useful and galnful occupations; second 10 produce tangible, useful wealth fin form for which there in sicat'Hocinl and economic need. <"
 The president said that many Anici'icnn homes Hrc mot nt for hpplvD hnbItatlon."
 Rebuilding and renovlZ!ng should Do done quickly, ho snid, to pro- tect the health and safety of tho people. To obtain this speed tho federal government must take tho initiative and cooperate with pri- vatc capital and industry, Mr Roosevelt explained.
 He called the program "rcul- property conservation"
 The president suId that he en- vIsioned modcrnlzation of com. mercial and industrial structures also but he believed tho R0vern- inent should cOniine It's assistance largely 10 home Improvements,
 Loans 10 individual homo own CTS. he explained. would he mndG by private agencies which in turn would be insured .by the govern ment against loss up 10 q certain percentage Of tho loans.
 The other phase of the program the ma king of funds available for new home construction and the improvement of the mortgage market includes q long term mort gage financing agency.
 This would give mutual mort. gage insurance to private agencies which would mnke first mortgage loans on newly constructed houses up to so. per cent of the appraised value and make new mortgages on existing homes un to 50 per cent of tho value. Tie loans would carry about per cent interest and would Do amortizcd in 20 years
 Mortgage associations would Dc incorporated under strict federal supervision to Increase the amount of funds available in localities where Interest rafes are unusually high, tstsuFance for sharc koidcrf In building and loan associations would Dc provided. Tho latter phase would De similar tO the insurnnee I.sw rsnsideH frr hsDk dauoaitDfG
The Waterbury Democrat., 1934-05-14
WATERS GIRL IS \ FITTED AT PARTY
Farewell Gathering Held {. for Faber Avenue Dam-
 sel Saturday
WATERvILLE

4 farewell surprise party was held at the home of Antoinette Waters, daughter of Mr. and Mrs. Robert Waters Of Faber avenue, Saturday evening. ..
 Dancing and piano selections were enjoyed by all those. attend 3ng, who were: Kaehryn Fleming, Ruth Mulligan, Mnureon Sullivan, Claire Arcand, MarJory Donlnn, Madeline Traver. ":GertrudO Couni- han, Helen Gagnon, Helen Carlin, Ann Kraft, William Woll, Annette Grepicr, Jack McAree, Keno Man soiii, Robert Smith, Albert Duches neau and Antolnette Waters.
 Metros VictOrs
 4 large crowd witnessed the opening of the Naugatuck Valley league. at Waterville Park yester- day between the Waterville Metros and the Watertown Princetons. Waterville, the new entry, came from behind to win [ to 4.
 Batteries; Vrcel0nd and Driscoll, I. Maxwell and Donsdon. Um- pire--Mobile.
 T Mrs. McArec H0nOrcd
 A surprise birthday party was held Saturday night in honor of Mrs. James McAree at her home on Homer street. Mrs. McArce was the recipient of gifts md money with Mrs. Alfred Ellis making tho presentation speech. Mrs. Joseph Dwyer entertained with vocal se- iections: rccitatlons by Mrs. John Chauvcll; Mrs. Edward Manton giving a unique exhibition of m AcrObatic tap.
 sCard playing followed the enter falnmont. Those attending were: Mrs. Mary Chauvell Mrs. Mary Haynor. Mrs. Joseph Dwycr, Mrs. Alfred Ellis. Mrs. Edward Manton. Mrs. John Chauvell, Charles Beau pre-, Mrs. Norman Cables. Mrs. Theodore Harrison and Mrs Me- Aree.
 @8 Nancy IIcycr
 Mir and Mrs August lIeyer of West Cheshire, who resided on Waverly street until few months ago, have the sympathy of their many local friends in the death of their IS months old daughter which occurred yesterday. Funeral services will take place from the homo on Prospect road, West Cheshire, at 11:30 2. m. tomorrow
 Paving Started
 The contractors building the new highway in Thomaston avenue started pouring tho concrete on the lower section late last week. AS soon as the Connecticut company completes the laying of It's tracks
The Waterbury Democrat., 1934-05-14
FAMED PAINTING
 lSUNDER GUARD WhistIer's Pictured of His Mother on First Leg
 of Home Trip

Boston. May 14-(UPD-Guard- cd by eight policemen. Whistler's E famed painting of his mother, valued variously at s5OO.000 to $3.- 100000. was taken from the Bos- ton museum of fine arts today on the first leg of It's journey buck to the Louvre in Paris.
 Loaned to the Boston museum in connection with the centennial of the Massa chusetts- born artist, the portrait was viewed by i03.613 persons during its IS days here. q tabulation revealed this morning Yesterdays mothers day crowd 10.814--broke all attendance rec ords at the museum.
 The picture now goes to the Mu. scum of Modern Art in New York, where 1t will be exhibited for fouI days. It will leave for France Sat. urdny. never to go on tour again.
The Waterbury Democrat., 1934-05-14
NEW YORK BANK
 STOCKS DE CLINED

New York, May 14--New York city bank stocks declined further during the past week. The aggre. gate value of the sixteen leading lsues tothied 1,5ee, ,e72,000 on May III, as compared with si,6fD,233,. 900 .at the close of the previous week, . decroase of S4s,60i,0o0, or 3.0i per cent. M
 The current average yield of tho sixtoen issues of tt1 per cent compares with q yield of 40D per week, The current market value is now f.3O times their known book value, against J.5b times on May i4. Based upon current figures the sixteef lsues are now quoted nt an ayeage of fs,B times tifolr known eernings, asainpt is.p times "r NI|
The Waterbury Democrat., 1934-05-14
lNSULL WILL FIGHT
 BATTLE OF CAREER

Chicago, May 14,--UP)--Snm- uei Insull plans to fight "the battle of his life' with n bold admission that he made mistakes which con- tributcd 10 collapse of his $2.000.- 900, utilities system. but that he never laid U fng0r. on dlshon- est dollar"
 The broken financial monarch outlined his defense against federal and state charges of embczzlemcnt and fraud during m hour of posing In his hospital room for camera men,
The Waterbury Democrat., 1934-05-14
HARDER PRICEs

Meriden, Conn. May 14.--( -(Up). -.-uniforfn prices for haircuts and slaves in all union shops was adv0. cated by the Connecticut Journey men Barbers' Protective association which yesterday elected Frank !. y'itzgeraid, MiddIstewn, as prssi' dent '1
 Other officers elected were: Sal. vat0re v. Abrioia, Bridgeport. fIEst yico- pressdent; Joseph Y. Do Pa0la, Mcfiden, second vicespreeident; Martin c. CoDneIIys New Britain. secretary -tFeaguFDFs and Vincent SortinC, Tersingtens recording see. fetafy. kl- [. al
The Waterbury Democrat., 1934-05-14

the upper section. north from Homer street. will be completed to assist local business men in pro- viding means of access to their va. rious place of buslnessc.
 Mir. and Mrs. Lester Hart and son of Bridgeport have been vis- iting Mrs. Ilart's parents. Mr. and Mrs. William SlpmOns of Colon ial avenue.
 The FalrmouHt Community 1lab will hold meeting tonight nt St. Michaols church.
The Waterbury Democrat., 1934-05-14
ShakedotUn Of Early Hours Was ReDersed
Tickers Fell Behind on Recovery Just as They Did in
 First Part of Day When Selling Prevailed

technical position of tho list which made lt susceptible to sharp rally on small amounts of buying. Many believed completion Of stock cx- change legislation would be bcne- ficial and result In sharp ad- vance shortly.
 New lows for the year or longer were noted in American Can, Allied Chemical, Atchlson, Chrysler, Gen. eral Motors, Continental Can, Du Pont, Patino Mines, Western Union Westinghouse Electric and q num- Der of others. Allied Chemical at % time sold at 126 1-4, off 8 3-4 from the low.
 Substantial rallies came into tho leading industrials. Rails also picked up. led by Atchison which rallied from It's low Of 5i 1-2 to above GA. New York Central touched 25 3-S and then came back to above 26. U. s. Smelling Case 9 points, and Du Pont 2. Consolidated Gas rallied to the pre- vious close and other utilities wcro steady. American Telephone was a strong spot.
 Stock sales today approximated f.Gs0,0Q0 shares against 905,000 shares Friday. Curb sales were 2S5.000 shares against 15b,000 shares Friday.
 Dow Jones preliminary averages showed: industrial, 01.s1 off 0.4i; railroad, 4l.40 up 0.20; utility, 22,30 up 0.10.
The Waterbury Democrat., 1934-05-14
Attached To Notes
 Was His Shrine Card
tContinued iron, Page n

This note took the cmissary into tho manufacturing district of Los Angeles where he found the next note. designated aS No. 5. Gettle's 1893 shrine card, bearing his signature, wan attached to that note, which read:
 "Go right straight ahead until you find another stake and rag on
The Waterbury Democrat., 1934-05-14

4 If tho program, is adopted by congress, President Roosevelt saidi
 'i believe that tho initiation 0f this boafd and sound programs will do much to alleviate distress, and to raise porcoptibiy the standard5 Of good living for many Of OUT families throughout the land"
The Waterbury Democrat., 1934-05-14
INTIiJ,EsT NEDUCED

Hartford Conn. May i4.-(CP) The interest rate of government loans. to farmers of Connecticut has been reduced from lr2 to ! per cent, Frank M. Koarns, manager of the Hartford Production Credit association announced to-day. The association ls affiliated with tho national farm relief program. The reduced rate, effective immediately applies only to' HOW lodns 'Eearns said.
The Waterbury Democrat., 1934-05-14
lt1,rnlnn Inxrf,nnmc

Foreign Exchange
 London, May 14-- (UP)--Thc dollar was steady today with the pound at $b.1i 3-s. Gold was $3a.70. up two cents, with the sterling rate at l35 shillings Il l-3 ponce, up i-2 pence. The rnte was fixed Saturday with tho pound at s5.I1 i.2.
The Waterbury Democrat., 1934-05-14

Spain plans an extensive pro. sfagsa Of public works
The Waterbury Democrat., 1934-05-14
BILLIONS IN NEW RECOVERY PLAN
Message of President

(continucd from pago l.J
The Waterbury Democrat., 1934-05-14
GLOOM AT THE N
 LEAGUE MEETING
sxnnls. asr,ellan \ Io.

tcontinuod from Page l.,
Evening star., 1934-10-15

to Get Z new West East airplane speed
record. but she = going to try II again.
Seeking to beat the record OF 10
hours and 2 minutes set last August
By Col. Roscoe Turner, she was forced
down here yesterday by m oil line
leak and unfavorable weather after
. fight from Los Angeles. Her time
frum the West Coast city vas ! hclz1
and % minutes.
llrs. Howard, who was accompanied
by her husband, Ben Howard, . rae
ing pilot, and Gordon Israel VIA
helped design the four-place high
wing plane, said she would mako an
Evening star., 1934-10-15
money and credit. Il would crsatG b.
law naachinsFy 70 AZ hours q lAhor
and wages.

money and credit Il would Greats hy
law machinery to AZ hours q hhor
and wages.
Farner-Labsr 1Gsrs Radical
These. In the main, are some of ths
more radical promises of the Farmer
IAboritea. The La Follette progres.
sives m Wisconsin parallel scne q
them, hut ~ nc means the most
radical proposab.
For examI,le, the Wisconsin pro-
uressive platform procla.ms that ~csR
economic system has failed.s 4 de-
clares that thu sfarmer b entitled to
his cot Of production" and pruanises
aid to the farmers In reducing taxes
On his property. u would have an
public utilities publicly owned. It de-
mands fair prices On farm machinery
and other things ths farmers buy and
sdds that II this cannot b brought
about through compstition. then the
Government should operats these in-
dustries. It advocAtes old 40 pan.
sions, memployment insurance and
accident insurance. 70 b egtahl1ahed
by the Fe0@1l and etate '0overn-
ments IN co-operation.
The lensths to which these third
party platforms 20 toward radical
measures are comparable to the plat
form which Upton Sinclair. Demo-
cratic candidate for Governor. has
thrust upon the Democrats Of this
Stato.
Evening star., 1934-10-15
CORK SETS OFF ALARM

CHICAGO. October Is H-The
changing Of an automatic burglar
alarm early yesterday sent Police
Sergts. James Keating and John Shine
to inspect the Central States Liquor
store. They looked for 'signs Of .
disturbance without success.
It took them . half-houf 10 dis
cover that . champagne cork bad
popped and struck the show window
With enough force TO set Oh the alarm
but not enough to hreak the g1asa.
Evening star., 1934-10-15
Cove Club Elects oticers.

HYATTsvuLE. Nd, October Is
(speciaD The Cove Club Of Fair
Haven. Nd. to which . number Of
residents Of Hysttsville belong. has.
elected Nrs. Emily II. Wilson. presi-
dent: L. o. McCunhln. vice president,
and Daniel Watson. secretary and
treasurer. Mrs. Frank Talbot. Mrs.
Nae Hardesty. John ?. Wilson and
Miss Mary Eytop wsre chosen TO the
board Of governors.
Evening star., 1934-10-15

to distribute the products to the
needy. It pledges the Government to
take over all insurance Of al kinds,
including life. and operate without
profit. It promises to restore un-
earned wealth to the community and
State" through levying high taxes on
incomes, inheritances and gifts. Il
demands the naturalization Of bank
ing, with Government monopoly Of
Evening star., 1934-10-15
Women Plan Campaign.

CrARUaDoN, Va, October IS
(gpecial) .--Hinal plans for partici.
radon IN ths November election were
made by ths Arlington County
Women,s Democratic Club 81 . called
meeting last night In Democratic
headquarters here.