davidaulloa/AmericanStories huggingface dataset:
The Waterbury Democrat., 1934-11-22
Market Made More Gains To-day In Several Issue
Govt Debt Interest
 Rate Down To 3.O2%
Treasury Operations Under Present Administration Cuts Average As Compared With 3.39 of l933

, cent, to $26.546,1 900 on Novem- Der 15, 1884, on which the aver age interest rate is now 3.02 per cent. The debt increased $5,961,- 784, 900 during the period, or ap-
 proximately $291, 100000 monthly. It is further pointed out that the annual interest charges on the debt outstanding as of February 28, 1893, aggregated $69S,577, 900, whereas the annual interest charges on the larger total of November 15, 1894 aggregated $S01, ,530, 000
 an increase of $1O2,953,000 in the governments annual Interest charge. Thus, while the govern ment debt increased about 29 per cent during the period, the total annual interest charges, because of the lower interest rates, increased only 14.7 per cent during the same period.
 The firm further points out that the average maturity of all new is sues put out during the current administration was over 61 months as of November 15, 1884, whereas the average maturity of all securi- ties retired during the same per- iod was less than 37 montrs, as of February IS, 1888.
 The government has called an additional $1,SO0, 900 of fourth Liberty loan IA per cent bonds for retirement on April Is, 1886. No details have been issued thus far as to the interest rate to be paid on the new securities to be issued to provide for this opera tion, but it appears certain that the rate will result in further reduction in the average rate on the government on the total government debt and will bring il below the current 3.02 per cent
The Waterbury Democrat., 1934-11-22

New York, Nov. 22.-As a result of the financing operations under taken by the treasury department, including both refunding opera lions and the raising of additional funds for government use, the aver age annual rate of interest on the Interest bearing debt of the gov ernment was reduced to the low level of 3.02 per cent as of Novem- Der Is, 1894, as compared with an average rate of 3.39 per cent on the total interest bearing debt outstanding as of February 2S, 1888, just prior to the inauguration of President Roosevelt. These fig ures are revealed in a study of treasury operations under the pres ent administration made by spec ialists in Unted States government securities.
 The study shows that during the twenty and one-half months from February 2S, 1893 to November 15, 1884, the treasury department is- sued a total of $11, 1000 of new securities of all types, on which the average interest rate was 2.51 per cent. Of the proceeds, $5.- TAI, ,442,000 was used to provide for the treasury's refunding opera tionS and other securities maturing during the same period. The aver age interest rate on all securities called or refunded during the per iod was 3.33 per cent. Such re- funding consequently resulted in Substantial saving of interest Charges on the larger debt.
 % The figures further reveal that the interest-bearfng debt of-the government increased from, $20.- .6S4,310,000 as of February 2S. 1883. on which amount the average an- nual rate of interest was 3.39 per
The Waterbury Democrat., 1934-11-22
DARIEN ISLOYAL TO MEMBERS OF
 POLICE FORCE
Pearl & Co. Tel. 4-31Si

Darien. Conn, Nov 22.-(UP)-
 The board of police commissioners,
 in a lengthy statement handed to the press, today showered praise
 on it's officers who captured three
 Rhode Island men during gun
 battle at the home of GuStave U.
 Westheim last week and feebly
 chung to the theory Kidnapping
 had been contemplated.
 We do not know what sort of maliciousness was in the minds of these visitors from Rhode Island," the statement read, but whatever they planned to do was frustrated by the summary action of the state
 and Darfen police"
 The widespread publicity at tending the three arrests, the board
 said, was .'in very poor taste" The arrested trio, Joseph Borg. and John Collins, Providence, and Edward Menard, Pawtucket, were referred to as "hijackers, kidnap- CTS, or whatever they may he called" and in support of the kid naping angle, the statement related a telephone call received at the | Westheim residence "inquiring par ticularly as to the location of the
 child" Robert Lewis, 12, West.
 heim's stepson.
 Information leading to the cap ture of the suspects, it was said, came from Rhode Island, through state police at Danielson and re-
 Iayed to local authorities.
 ''The police commission wishes
 further to state that, if this police
 information had not come in as it did. a serious crime might easily
 have been committed, and if the plot as laid had been successfully
 earriei through, the perpetrators would have gotten clean away. l leaving absolutely no clue by which they might have been followed"
The Waterbury Democrat., 1934-11-22
BANISHED FILM
 WAS PROTESTED

Hollywood, Nov. 22.-(UP).- Walter Wanger, independent pro- ducer, today promised flight to the finish" to clear through ex- hibitor channels his political film. "The President Vanishes," which Will H. Hays rejected as danger ous." Hays banned the films show ing even after it had been ap- proved by his chief censor, Joseph I. Breen, who is in charge of is- suing clearance seals to all Holly wood productions.
 Wanger refused to accept Hays ruling. He said he would leave no stone unutrned to release hte pie ture, which depicts the Kidnapping of the president on the eve of a declaration of war. The picture is adopted from an anonymous novel.
 Wanger, until recently the pro- ducer of Greta Garbo's pictures, produced the picture Gabriel Over the White House."
The Waterbury Democrat., 1934-11-22
Chairman OfB0ard OF Westinghouse
(Continued from Page D

chases of all but necessities. There is a tendency to economize. No new buildings are built.
 ''As one business after another curtails activities, persons are thrown out of employment and their purchasing power is thus re- duced. Eventually the eattire na- ton Is in the depths of depres- sion. There develops a tendency of oaution-a lack of confidence.
 "The return of betetr times is a
 The return of better times is a confidence increases, the small business man expands his business and employs more men. The re- cipsent of a legacy invests it in d business to make more money. Somebody tears down a building and erects new one. The move men: gradually spreads to the heavy industries as expansion needs develop. When they get under way the worst of the depression is over.
 Turn Has Come Now
 Return of this confidence is dif- ficrlt to detect. In fact, it is often with us for some time before we know it. I firmly believe the turn has come now, and if nothing unforeseen occurs a pickup in the
The Waterbury Democrat., 1934-11-22
Pressure Was Lifted From RaillDay Shares
Utilities Continued to Make Gains and There Was De-
 mand For Steel Issues Volume Was Light

fic gained 1 1-2 points as did Atch- ison while others were up fraction |ally. New Haven, which made a
 new low yesterday at z 1-4 sold at
 IA today up 1-2 point from the
 previous close.
 Eastman Kodak was a feature of
 strength. rising 3 points to IA 3-4.' Chemical issues generally were
 higher except Du. Pont and that is- sue rallied to the previous close in
 the late. dealings.
 Motors and equipments met fair
 demand but price changes were small. Pierce Arrow was active
 at 1, unchanged, Ingersoll Rand rose 2 points in the machinery is- sue. Mercantile shares firned. To- baccos continued firm. Gold mining issues were steady
 to firm. Silvers were dull and steady.
 | Du Pont, Chrysler, Sears Roe buck, General Motors and a long list of others closed at practically identical levels with last Thursday. In the averages the industrials were slightly above a week ago,
 while the rails and utilities were small amounts lower.
The Waterbury Democrat., 1934-11-22
MANUFACTURES
 1 OF SHOES MIGHT
 | DESERT MASS.
They Threaten to Remove Plants to States Where
 Labor is Cheaper

Boston, Nov 22. .- CUP )-Threat of wholesale movement of Massa- chusetts shoe manufacturers to other states where labor Is cheaper today prompted state labor leaders and municipal officers to organize in an effort to halt the exodus.
 Despite assurance from Wash ington that the federal government was aware of the dangerous condi- tioris and that the situation was receiving consideration, action was taken after a Haverhill firm which employs 435 had liquidated and prepared to transfer to Man. chester, N. H.
 As result of the announcement, the Haverhill city council adopted a resolution which revealed that five concerns employing more than 2.500 persons threaten to leave the city. The resolution seeks to rel open the shoe code with the hope of amending it so manufacturers in Massa chusetts cities can com pete with those in rural districts.
 Assurance that the situation was being considered seriously by the federal government was received in Washington by representatives of the Lowell council of the Shoe and Leather Workers union and Congr resswoman Edith Nourse Rog- CTS. who conferred with Sidney Hillman of the national recovery board. Fred J. Kennedy and Jo- seph Perreault, spokesmen for the Lowell representatives. asked fed eral authorities to reopen the shoe code immediately. Similar action was recommended earlier by a spe- cial Investigating committee which studied conditions recently in sev- eral eastern Massachusetts cities.
 It was learned today that mayors of Boston, Brockton, Chelsea, Haverhill. Lawrence, Lowell, Lynn, Marlboro. Newburyport, Peabody and Salem were to confer with Governor elect James M. Curiey here next Wednesday in an effort to reopen the code for addition of amendments by which it is hop ed to keep the industry in Masa- chusetts. Charges have been made that in Maine and New Hampshire. ''The present minimum wage as provided by the shoe code has been made the maximum wage"
The Waterbury Democrat., 1934-11-22
BIG BILL WEISS
 STILL MISSING

Philadelphia, Nov. 22.-(UP).- Search for the kidnapers of Will fam (Big Bil) Weiss, underworld racketeer "king-pin," m l 2 since Oct. 26, shifted to New York today on a report that a man named John Costello" had been paid $25, of the $100.00O ran some demand.
 It was known that officials here asked department of justice agents in New York to find Costello. R. George Harvey. chief of the de- partment of justice here. was re- iuctant to discuss the new angle. Reports were that the Costello con tact was made in Wilkesbarre, Fa. Two former convicts. Petey Ford and Frankie Bailey, recently re- leased from Western penitentiary, were freed today after arestionins by He lvey. Pressure of the case has driven most of the well-known night life chars cters into hiding. Harvey reported.
The Waterbury Democrat., 1934-11-22

(Continued from Page 1,) or destroy the eastern section of the Trans-Siberian.
 According to information from the scientific research institute of the communist academy, the, new Baikal-Amur trunkline will cut through the northern continental part of the far eastern region on d virtually straight line, terminating at the new industrial city of Kom- somolsk on the Amur river.
 Later the line would be extend ed to the Pacific. The road would connect with the present Ussurian section of the trans-Siberian by q branch line.
 The Soviet government also is planning to deepen rivers for the increase of water transport, and lay out a series of new airports in the region north of Manchuria.
 The trans Siberian extends from Sverdlovsx in the Ural mountains to Vladivostock on the Pacific, a , distance of 4,500 miles. At Sverd- . lcvsk 1t connects with the extensive railway network of European Rus . sia.
 Double-tracking of the entire 1ine would greatly speed up trans portation of goods, and of troops a-s s''~~ lies in event of war.
 Russia at present has network of more than 50,000 miles of rail- way.
The Waterbury Democrat., 1934-11-22
SHOW MANAGER
 IS KNOCKED OUT

Boston, Nov 22- (UP)-Lew Brown was knocked out in the Shubert's theater foyer last night while crashing the opening of his own show, and the blow, delivered by a Boston policeman, carried more punch than Lew's production, Calling All Stars"
 Brown, it seems, tried to get by the doorman with some friends Apparently. it was a case of mis- taken identity. Whatever it was, lists flew as Brown squared off first against Doorman James MvCaffrey and then Patrolman Michael J Davenport, who finally fioored the 1yrist-producer while Boston blue b1Oods among the s. R. O. audience watched in amazement. The bout which resulted in riot call that brought out score of uniformed gendarmes and plainclothesmen delayed the curtain nearly an hour. The show management pooh- poohed suggestions that the bout was a press agent stunt.
The Waterbury Democrat., 1934-11-22
PLANS TO VISIT !. MYSTERY ISLAND
 ARE COMPLETED
Captain G. Allan Hancock Will Leave Friday to
 Look Over Eden

| Los Angeles, Nov 22.-CUP)- ICaptain G. Allan Hancock, Los
 Angeles capitalist and patron of science, completed final prepara-
 tions today for a voyage he hopes will furnish final solution to the mysterious deaths of two prsons on lonely Maichena Island off the coast of Ecuador.
 While satisfied that Rudolf ILorenz, German adventurer, and a
 Norwegian yachtsman, a Captain
 Nuggerud, died of starvation and thirst on the barren isle, Hancock hopes to establish definite identifi- cation. He also hopes to ascertain ] the whereabouts of Baroness Eloise Bosquet De Wagner Wehrborn,
 exotic Viennese noblewoman and
 so- called Express of the Enchang- ed Islands,
 With a party of 10 scientists
 from the Smithsonian institution,
 Hancock will sail directly for
 Charles Island in the Galapagos group where Lorenz and the baroness resided nearly two years.
 He expects to complete the pas
 sage in 10 days in his speedy power cruiser.
 Fears that the baroness and her last known favorite, Robert Phil | lipson, may have been slain and their bodies left to bleach on
 Maichena were discounted in dis patches from Quayaquil, Ecuador. Dr Frederick Ritter, German
 nudist and another Charles Island colonist, advised the Daily Universe
 that the "express" and Phillipson sailed for the South Seas last sum- mer. Ritter offered no explanation for the two bodies found on vol
 canic Maichena, 100 miles to the north.
 Ritter weeks ago notified Han cock that the baroness and Phil lipson had left Charles Island for the South Seas. Once Lorenz was her favorite but later he was re- placed by Phillipson, Hancock learned.
 It was believed that after he was deserted, Lorenz decided to aban- don his exile and return to Ger | many, and that enroute to another island to catch boat, he and Mug
 gerud were blown off their course and finally beached on Maichena Island to die.
 The bodies were found last week
 by the San Diego tuna clipper, Santo Amaro.
 Original theories that the bodies were those of MT and Mrs Arthur Wittmer, other Charles Island
 colonists, still were entertained to- day by William A. Robinson, au- thor and explorer.
 Before sailing from San Fran
 cisco for the South Seas, Robinson
 said that the Wittmers probably were making one of their frequent island cruises when they were wrecked"
 Robinson was a visitor at Charles Island several months ago while honeymooning with the former Florence Crane, Chicago heiress. Robinson was stricken with appen- dicitis and a fast navy boat rushed
 to his aid from the Canal Zone.
The Waterbury Democrat., 1934-11-22
LOS ANGLES IN
 FEAR OF STRIKE

Los Angeles, Nov. 22.-UP).- Paralysis of city and interurban street car and bus service impend- ed today as the regional labor board made last-minute attempt to avert a strike of Los Angeles railway workers. Railway officials said they would not be bound to a wage increase without increased earnings. A conference was called to elect board of arbitration. The situation confronting 150,- 900 patrons of the Pacific Electric Co. was alarming. By a vote ot 1,050 to 62. traction workers de cided to strike on the line which serves commuters from Hollywood.
 Pasadena, Santa Monica. Long Beach and other points.
 After a stormy session. officials
 of the Los Angeles railway agreed to the labor boards proposal that
 the dispute be arbitrated.
The Waterbury Democrat., 1934-11-22

neaVy industries SnOuld come next.
 Robertson seems convinced an- other period of advancement will come just as it has come after other depressions.
 He believes in America although he dislikes such terms as ''funda- mentally sound" He thinks all the time, but states that "any smallest change in the order de- ranges an infinite number of other activities"
 Industrialists Study. Washington, Nov 22-(uP)-In- dustrialists who are trying to de- eide whether President Roosevelt is becoming more or less radical should look at the record in recent months.
 The new deal will be found gen. orally following 8 middle course in which radical moves are offset by conservative trends. Most pronounced of the left or radical movement is the drive a. | gainst public utilities. Here are ! some developments on both sides which tend to counteract each
 other so war as general policy is | concerned:
 Radical:
 i. Marringer $. Eccles appoint ed reserve board governor. 2. New deal election sweep. 5. Secretary Ickes' ned PWA spending plans. 4. Lewis Douglas resignation as budget director in protest against a continued unbalanced budget. 5. The health-old age-unemploy- nv,% fv1Cr V1n nnnnIVnnst6 last June. 6. Mir Roosevelt's August speech in Wisconsin interpreted as bless ing the northwest radical political movement.
 z. Electrical power policies. 8. Appointment of Miss Jose phine Roche assistant secretary of treasury.
 g. Support of Federal Relief Ad- ministrator Harry l.. Hopkins a. gainst bitter banking and business criticism.
 10. Preparations for investiga- tion of the American Telephone x Telegraph Co.-this country's big gest business. Against for foregoining typical instances of movement in one dl- rection should be placed the fol- lowing instances of conservative trend:
 l. The turn away from further dollar juggling.
 2. Possible curtailment of the June social insurance plan. 3. The Moley-Aruch business conferences in New York designed to win industrial sympathy for the new deal.
 4. Substitution of S. Clay Will Hams. representing big business' for Hugh S. Johnson in NRA. 5. Coordination of government lending agencies in the interest of economy looking toward ultimate | budget balancing. 6. Opposition to the veterans cash bonus and labor's 30-hour work week.
 2. Extension of the automobile
 labor agreement unchanged to
 which labor objected but upon
 which the industry insisted. | 8. New deal encouragement or
 bankers and business to join in re- | covery efforts.
 g. Opposition to additional silver | legislation.
 Many other factors could be | cited. The new deal is distinctly
 more radical than the administra-
 tions which preceded it. But hav-
 ing adopted new political and so-
 cial thought, it appears that the leftward trend now is being check
 ed.
 The indications are that MT
 Roosevelt has gone about as liber- al as he intends to go. He Will
 carry out his announced advanced
 program if possible but is not ex'
 pected to go far beyond it.
The Waterbury Democrat., 1934-11-22
BARBARA HUTTON
 SAILS FOR HOME

Southampton. Nov 22-UP)- Princess Barbara Hutton Mdivani, heiress to the Woolworth millions, took leave of her husband. Prince Alexis, today and sailed for the United States aboard the s. S.. Europa.
 The prince and princess arrived from London by automobile few minutes before sailing time. They explained they had missed the boat train.
 Princess Barbara did not disclose the reason for the separation. She bade her husband a nasty farewell on the dock.
 Alexis said he did not know how long his wife would remain in the United States.
The Waterbury Democrat., 1934-11-22
Lions Club Opens
 Kiddies' Campaign
Membership Divided Into Teams to Collect Funds For
 COnvalescent Children

The Lions club started it's finan- cial campaign to raise funds to carry on the work with crippled and convalescent children at it's weekly meeting at the Elton this noon. The club was divided into teams by James A. Phelan, presi- dent and Eugene E. Beadle, chair man of the drive and each team will follow up the letters now be- ing placed in the mails. More than 4,000 persons will be asked :, by mail to contribute to this good work and thereby enable the Lions club to carry on the job.
 The personnel of the teams as appointed by President James A. Phelan and Chairman Eugene D.. Beadle follows: George D. Baron ian, captain, Frank H. Bailey, Ed ward A. Barrows, B. E. Beadle; Harry X. Cashin, captain, Edmund H. Becker, Merwin s. Bronson, John Dunn; Crayton F. Carpenter,
The Waterbury Democrat., 1934-11-22
WOOL MARKET.

Boston. Nov. 22,- (UP)s-The bulk of fairly active demand for wool is on the finer quality terri tory ,wools, according to today's report of the U. s. agriculture de- partment.
 Occasional lots of Ohio and sim liar fieeces move at around 27-2Sc in the grease for fine Ohio De- laine, at 2S-29c for strictly comb ing 5Ss. COS. 1-2 blood. and at 29- 30c for 56s. 3-S blood. Average French combing 5Ss. sos, 1-2 blood. territory wool brings 6S-70c. secured basis. Lower grades Of ter ritory wools sell occasionally in inoderatt quantities. but the sales Q: largest volume are on GAS and liner territory wools at steady prices
The Waterbury Democrat., 1934-11-22

captain, John c. Clark, William F. Briggs, Frank Floto;. Louis East wood, captain, Francis Calvin, Robert Lagerquist. Andrew M. Larson; Arthur J. Lunny. captain, Dr Raymond George, William i. Parker, Layton A. Rose; Thomas G. Smith, captain, w. S. Slator, Bernard Wilhelm, J. A. Phelan Louis Wenzel, captain, Adolph Rey- mond, Dr Gleen D. Sweet, William Warrington.
 In appreciation of the hospital ity extended to the Lions club by MT and Mrs Wilbur Larson uf Park Road, recently, the club to- day presented to the couple through Andrew H. Larson, father of Will bur, a handsome clock. Mrs Will bur Larson was Dorothy Bailey daughter of Frank H. Bailey, an- other prominent member of the cluh
The Waterbury Democrat., 1934-11-22
BY ELMER c. WALZER IInited Prpss Financial E,flitOJ

GECSS ElAhAnChuA
 New York, Nov 22-- (UP)--- Pressure lifted on railroad shares on the stock exchange today, while utilities continued tosgain and der npand improved for steel issues. A majority of issues on the board registered gains of fractions to more than point with volume lighter than yesterday.
 The recovery followed an irreg- ular market in the early trading. It was marked by relatively heavy dealing in National Distillers which rose more than a point to 25 If. American Telephone continued to respond to declaration of the reg- ular quarterly dividend of $2 % made yesterday. Investment buying was noted in several of the pre- frred issues.
 Demand for National Distillers followed a statement by the coni- pany that the stock offering recent : ly authorized would not be made because negotiations had been de- clared off with Dfstillers Company Limited of Great Britain and be- cause sales volume had increased and the current position had im- proved. Other wet stocks firmed with it. The companies are report ing hea:ier sales as the holidays approach. M
 Buying in steels was taken to in- dicate that large traders looked for substantial pickup in that industry in the immediate future. One pre- dicted that the country's rate of operations which now is around 28 per cent wuold rise to 40 per cent before the end of December. U. S. Steel approached 36 while Ma tional Steel rose nearly a point and Bethlehem was also bid up that amount.
 A small amount of buying today was sufficient to bring back most of the losses in rails. Union Paci-