davidaulloa/AmericanStories huggingface dataset:
Evening star., 1934-08-07
Brokers to Join
Forces in Solving
Mutual Problems
By the Associated Press.

BY the Associated Press.
NEW YORK, August 7. Worried
BY the slowness of their business in
recent weeks, stock brokers held a
town meeting" yesterday and moved
to cooperate more closely among
themselves for a solution Of their new
problems, including changes brought
about by Federal regulation of secur-
ity exchanges.
The meeting. sponsored by the As
sociation of Stock Exchange Firms
and held in the governors room of
the New York Stock Exchange, re-
suited in an exchange Of views but
no concrete action aside from reso-
lutions urging the Governing Com
mittee Of the association to appoint a
Conference Committee to map out a
broader field of activity and to de-
velop public relations.
About 500 brokers who attended
represented largely the Office manage
ment side of the brokerage business
that makes direct contact with the
public.
Evening star., 1934-08-07
General Motors
Board Declares
Extra Dividend
By shs Assocsssea Prsss.

NEW YORK. August 7.--Directors
Of General Motors Corp yesterday
cut q melon for stockholders Of more
than s20.0e0. 900 in the form Of 4
so-cent-a-sl1are extra diyidenc.
Alfred p. Sloane. lr., president. said
among considerations fnotfvsting the
payment was that this sum passing
into the channels Of active trade, viii
act as q worthwhile sttmulant %
business IN general"
This Is the second Of the fruits OF
recovery for the owners Of the
approximately $500. 900 common
shares. the first having been a 25-
cent-a-share disbursement last De-
cembcr.
Shareholders, however. still see
their regular annual disbursements
maintained at the depression low OF
81, since directors today ordered an
other regular quarterly disbursement
Of only IS cents.
The 5o-cent extra, however. is the
largest extra since 1929. when so
cents q share was ordered in addi-
ton 10 the regular payments at the
rate Of SO a share annually then pre-
vailing.
The So annual basis was cut to 81
in the first quarter Of 1882. then to
81 In the next quarter. and the shares
have been on a regular 81 annual
basis since.
Evening star., 1934-08-07
COTTON ESTIMATE
|SDUE TOMORROW
First Report Of Season to
Have important Effect
or Millions.
BY JOHN A. CRONE.
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK. August 7.-The Gov
ernment makes public tomorrow its
first cotton crop estimate of the season.
This is the most important Govern
ment crop estimate because: Cotton
is difficult TO estimate; the expected
crop figure affects world prices in
stantly, and 1t changes Immediately.
though perhaps only temporarily. the
economic status of more than i3,000,-
600 people in this country as well as
uncounted millions Of cotton buyers,
sellers and distributors throughout the
world.
The difference. Of a cent a pound
of $5 q bale in a 10000, ,000-bale crop
means s5o,e00,000 reaction in the
lives of 100000 cotton growers and
IL ,000, 900 others, such as mills. banks
stores and transportation companies
handling trade based on cotton.
World cotton markets already have
discounted private crop estimates
ress.ng from 8,890,000 to 9,412,00O
bales. Some trade estimates, however
put the crop as high as 10000, ,o0O
bales.
This great variation in estimates re-
calls the old trade adage: Cotton car
promise more and yield less and prom
Use less and yield more than any other
crop in the world" And a study Of
crop estimates and actual harvests
confirms this adage.
Importance of the crop estimates
Evening star., 1934-08-07

effect on prices. however. Is empha-
sized by two facts: Before and dur
ing publication Of the report, trading
on all leading domestic cotton mar
kets is suspended: and leading for
eign cotton exchanges - Alexandra.
Liverpool and elsewhere-remain open
an hour or more longer than usual on
crop days" 10 get our Governments
estimate and act on 1t.
(copyright. 1891
Evening star., 1934-08-07
CHANGE REQUESTED
IN RAILWAY POLICY
B. & o. General Counsel Charges
Millions Affected by Car
riers' Losses.
BY the Associated Press.

BY the Associated Press.
NEW YORK, August 7.-Charging
that the Governments policy OF stir1-
ulating competition with the railroads
has caused depreciation in the value
of their securities, with consequent
loss to millions of people directly and
many millions more indirectly. John
J. Cornwell. general counsel Of the
Baltimore e. Ohio, expresses the hope
that the administrations railway pol
icy would speedily undergo change.
with the Government owning
railroads and other public utilities, /"
he said, there viii be no source from
which taxes can be collected in SUM-
cient amount to support the enormous
Government bureaucracy that viii be
built up and to pay the deficits that
the railroads and utilities would have
at the end of each fiscal year.
with that situation confronting
us we would be obliged to go on and
bring about the complete 'socializa-
ton of all industry and eventually
Of farms and homes. Everything
would have to be owned in common
and all of us would be working for
the Government"
Evening star., 1934-08-07
Business Notes
By the Associated Press.

By the Associated Press.
NEW YORK, August Although
a few quotations moved up, the major
price movement was toward lower
levels In the markets for heavy and
fine chemicals during the last week.
says the Oil, Paint and Drug Re-
porter.
Despite the increase in visiting buy
ers here last week, and q mild in
crease In volume, stores continue TO
place orders cautiously.
The broadcioth market has been
quiet with very little change in quo
tations. Some activity has appeared
in sheetings, although orders are for
limited quantities.
Some mills are remaining out of
the market on standard fine goods
due 10 the current low prices prevail
ing. Advancing cotton prices IN the
last few weeks has brought little I'M
provement in cloth prices.
Evening star., 1934-08-07
DAILY OIL PRODUCTION
DROPS 118,053 BARRELS

BY the Associated Press.
TULSA. Okla. August r. With
the three major areas showing marked
reductions, United States crude oil
production fell ll8,053 barrels IN
daily average last week. from 2,629, 1884
90 ash, ,T8I barrels day, the OH and
Gas Journal says.
Oklahoma cut output from 49l ,73o
10 4I5,i80 barrels.
In Texas there was reduction from
i,l2i,8lS to 1,l07.828 barrels.
California production was 100000
barrels, a reduction of 1920 barrels.
The eastern area, including Michigan,
decreased production from 134,6l6 to
132,4o barrels.
Evening star., 1934-08-07
out even that's not all
there is to 1t

The Chesterfield processofblend-
ing and cross blending tobaccos is
different from others, and we
believe it helps to make milder
and better tasting cigarette.
Dossw wbere they grOW tobacco
in most places - Chesterfield
is tbe largest selling cigarette.
Evening star., 1934-08-07
GOLD STATEMENT.

NEW YORK, August (P)-Yes-
terday's gold statement of the New
York Federal Reserve Bank showed
imports of $1.669, 900 from India.
There were no exports. A net gain
in the monetary gold stocks of $685.
300 was effected through the release
of that amount of metal held under
earmark for foreign account.
Evening star., 1934-08-07
WORLD USE OF COTTON
ABOVE PREVIOUS YEAR
nv the Asxociated A press

NEW YORK, August t. World
consumption of all kinds Of cotton
during the 1933-34 season Just ended
was 25,106,0 900 bales, compared with
24,640, 900 in the previous season, ac-
cording to the New York Cotton Ex-
change Service. The world carry
over of all kinds of cotton on July
81 was approximately 1890. 900 bales
on the basis of preliminary returns,
the exchange stated.
Evening star., 1934-08-07
MORE FAILURES REPORTED.

NEW YORK, August P).-Busi-
ness failures in the United States
during the week ended August 2
numbered 220, compared with 215 in
the previous week and 352 in the
same week last year, according to re-
ports to Dun 81 Bradstreet.
Evening star., 1934-08-07
MONETARY GOLD STOCKS
SHOW SMALL UPTURN
Rx the Associated Press.

BY the Associated Press.
Monetary gold stocks Of the United
States showed small upturn during
the week ended August /, as the
change was measured by the Federal
Reserve Board. In the table that
follows the total Of such stocks is
given for comparable periods, as an
nounced by the board:
Week ended August 1. Sz,p32 QQQ. 900
Previous week .......... 1911 100000
Same week last year. -. 4.033. O0O. 900
Evening star., 1934-08-07
METAL MARKET.

NEW YORK, August 7 Rl.-Copper
quiet electrolytic. spot and future Blue
81. .65a51 70: future. 51.70a5lS0. Iron
quiet, unchanged Lead steady; spot.
New York. 375; East st. Louis, $50.
Zinc dull; East St. Louis. spot and future.
4:3O Antimony. spot. S.25.
Evening star., 1934-08-07
DRY GOODS FIRMS CHEEREp.

NEW YORK, August tP1.-Despite
the current lull, dry goods wholesalers
are encouraged by the firm undertone
in the primary markets and the pros
poets of sizeable Government orders
in the near future.
Evening star., 1934-08-07
CURB SEAT rs LOWER.

NEW YORK, August GP.-A New
York Curb Exchange membership was
sold today at $23 900, a drop of $4,000
from the previous sale.
Evening star., 1934-08-07

AFTER you receive the tobacco
"A from the farmers you have to
dry it just right and then store it
away for ageing for over two years.
Then you take the different types
of home grown and Turkish tobac-
COS and weld them together in such
a way as to make balanced blend.
Evening star., 1934-08-07

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1850 s e9
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Evening star., 1934-08-07


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The Washington times., 1934-02-01
NRA WORKERS
REFUSE TODO
OVERTIME
Girls Walk Out at End of Nor
NAL Day; Showdown Seen
In Fight Over Hours
By DUNCAN FORSYTH

Matters are apparently COM
ing to a showdown in the
overtime situation at NRA, it
developed today.
Girls employed in computing
machine work on the bituminous
coal compilation last night, it was
revealed, informed the supervisory
officials that they could not con-
tinue on the 58-hour week that
has been required of them, and
quit work at o'clock.
Long Hours Required
The schedule has been from
9 a. m. to $50 p. m. on Mondays,
Wednesdays and Fridays with
time out for lunch and dinner,
and from 9 a. m. to p. m. the
other days of the week, including
Sunday.
NRA officials have offered vari-
'ouS explanations of the long
hours. 1t was said first that the
job was a rush job. and that
all available computing machine
operators in the city had been
hired for it.
Employees said, however, that
there are 26 girls on the job, and
they expressed doubt that no
others were available.
Health is Injured
Girls working on the comput-
ing machines say the long hours
are injuring their health and
they have lost greatly in weight
since taking the jobs. Officials,
however, say that they get more
pay than the ordinary computing
machine operator, and that they
knew what the hours would be
when they were employed. Be-
sides, it was intimated, they had
no jobs before and ought to be
grateful.
Overtime is still a serious prob
lem about the NRA, apart from
the bituminous coal tabulation.
One of the chief grievances of
employees of these minor execu-
tives is that they are expected to
come in at 9 o'clock and twidGle
their thumbs till mid-afternoon,
when the executives come in "all
steamed up to throw a days
work on them.
The Washington times., 1934-02-01

Surrounded by four men, Sena-
tor Huey Long-the Kingfish of
Louisiana - rushed through the
lobby of the Mayflower Hotel this
morning, paused only long enough
to take a thrust at a newspaper
reporter with his cane as though
it was a rapier, and sped away to
the Senate Office Building, where
all efforts to get in touch with him
were fruitleSS.
The apparent reason for all the
guard and speed was the fact that
Mayor T. Semmes Walmsley, of
New Orleans, 200-pound former
football star, was registered in the
same hotel with the avowed inten-
ton of giving the Kingfish good
whaling if their paths should
cross.
Just Missed Foe
The two men missed this morn
ing by only five minutes. Scarcely
had the husky mayor gone up
stairs than the Kingfish and his
escort came down.
They slipped out the De Sales
Street entrance and. entered a
waiting sedan. Newspaper report
ers gathered around the car to ask
for a statement regarding what he
intended to do.
Long barked:
"See me at my office"
Ray Moulden, one of the small
est men in the newspaper corps,
approached the car. Leaning
from the front seat, Senator Long
thrust viciouSly at Moulden with
his stick, the blow striking the re-
porter on the arm.
He slipped on the snow-covered
sidewalk and almost fell to the
pavement.
Informed of the Senator's at
tack on the writer, Mayor Walms-
ley said:
"WeIl, you couldn't expect
anything else. It's just typical
Of the man."
Although the Senator told
The Washington times., 1934-02-01
WILL ROGERS
Says:

NEW YORK, Feb. Livery
thing is based on psychology,
and 1 believe that Ogden Mills,
as clever and as able as he is,
picked a bad day to explain to
the country that it was pros
trate under a tax that it couldn't
possibly be able to pay. Why,
in 5000 cities people had on that
very day to lay aside Ogden'S
speech in order to dress in silks
and plush and enter expensive
limOusineS to get to the balls.
No, Ogden, there were too
many silk hats showing up that
night to miSIead a tax collector
with the cry of poverty"
That speech just didn't har-
mOnize with ermine and cham
payne.
copyright. 1888. McNauEht
Syndicate, 1nc.)
The Washington times., 1934-02-01
NJ '(;ARRAN.
To CARRY
FIGHT To
FLOOR
Senate Committee Defeats
Proposal by II to 10; IMAM
imous for 10 Per Cent

Defeating the motion for fun
restoration of the Government
pay cut July 1 by only single
vote, the Senate Appropriations
Committee today agreed to
recommend to the Senate that
S per cent Of the cut be restored
Immediately and another 5 per
cent at the beginning Of the
next fiscal year.
The motion for full restoration
was made by Senator John q.
Townsend, jr. CRO of Delaware.
and was beaten II to 10. This
eight Republican members attend
ing the executive session voted
for the Townsend motion and
they were joined by Senators Pat
McCarran (D) of Nevada, and
Royal S. Copeland CD of New
York.
The final decision of the COM
mittee on the pay cut question
was unanimous.
To Continue Fight
Senator McCarran, who has led
the full restoration fight, ex-
pressed the belief that the close
vote in the committee indicates
that a strong vote can be mus
tered in the Senate for fun
restoration when an amendment
is offered on the floor. He is
prepared to offer such an amend
ment.
Expressing appreciation of the
action taken by the subcommit-
tee yesterday. E. Claude Babcock
president of the American Fed
Grafton of Government Employees,
said in formal statement that
his group will continue to fight
for full restoration.
The Washington times., 1934-02-01
| L|NDBERGH.
MAY GRILL
SANKEY
Federal Agent Who Worked on
Baby Case in Chicago to Aid
in Quizzing of Outlaw

NEW YORY, Feb. l (I.N.S.).
Reports were current here to-
day that Col. Charles A. Lind
bergh would go to Chicago to
participate iii the queSefUMasS Va
of Verne Sankey regarding his
suspected connection with the
kidnapping and murder of the
noted flier's infant son. The
reports could not be confirmed,
however, and Colonel Lind
bergh was unavailable for COM
ment.
CHICAGO, Feb. 0N.SO.
Government man hunters today
continued questioning Verne San
key, Americas Public Enemy
No. l." concerning the outstand-
ing crime in American history,
the kidnapping and Staying Of
Charles Augustus Lindbergh, jr.
The tireless Government men
who captured Sankey, confessed
kidnapers, reinforced by Eastern
agents who have dedicated their
lives to capturing the Lindberg
killers, grilled Sankey throughout
the night and day.
Throughout the questioning con-
corning the Lindbergh case, San
key maintained innocence.
Agent on the Scene
A United States Government
agent, who has been working on
the kidnap Staying of the Lind
bergh baby ever since that
tragedy, arrived in Chicago to-
day by airplane and joined in
the grilling of Sankey. The
Government agent came from
the New York office, it was said,
but his name was not revealed.
Labled public Enemy No. l"
of the United States, Sankey
steadfastly admitted only that he
had had a part in the kidnapingS
of Charles Boettcher I'd, Denver
broker, and Haskell Bohn, of st.
Paul, son of the head of the
Bohn Refrigerator Company.
Throughout the night and early
hours of the day Federal agents
(Continued on Page 2, Col. p
The Washington times., 1934-02-01

newspapermen that he would see
them at his office, he was not
there when they arrived to see
him.
Mayor Walmsley arrived here
yesterday on official PWA mat
tiers, and upon learning that his
arch enemy of Sands Point fame
was living at the Mayflower, de.
liberately registered at that hotel
to have a reckoning" He said:
81 want to have a reckoning
with Senator Long, and if
should happen to see him he's
not going by unnOticed. 1 in.
tend to stop him and demand
an apology over a certain in
cident. 1t is something of a
personal nature, something he
said which is beyond the pale
Of decency.
81 am not going to lie in
wait for him, but I certainly
will thrash him if the occasion
presents ITSELF"
The Washington times., 1934-02-01
j. s. CAPITAL
FLIES FROM
EUROPE
Expatriated American Money
Quick to Hurry Home;
Paris to Ship Gold
By LESLIE GOULD
International News Service Financial
Writer ~,&>F -

NEW YORK, Feb. 1.--Gains
of one to nine points IN the
leading shares was the stock
markets enthusiastic response
to the President s official de-
valuation of the dollar today.
A wave of buying at the start
continued almost unaba tie d
through the forenoon and the
main body of stocks generally
maintained their 6 ins in the face
of rofit-taking.
Mine Shares Boom
The gold mining shares were the
outstanding features Of the day
under the leadership of Home
stake, which jumped nine points,
while Alaska Juneau, Dome and
Mcintyre scored lesser gains, as a
result of the general scramble by
all nations for the metal.
The commodity markets re-
Sponded to the news in good fash
ion. The wheat, corn and other
grain markets rallied about one
cent a bushel. while cotton ran up
rs cents bale.
Prime industrial shares were in
demand with American Can,
United States Steel and Bethle-
hem gaining from fractions to two
points.
Railroad shares, including New
York Central, Southern Railway,
Lackawanna, and the lower priced
issues, were taken in enormous
volumes for gains running to
more than two points.
Motor Issues Up
General Motors, and the other
motor shares were whirled up
ward along with the rest of the
list. Similar performances were
given by the liquor. speciality,
aviation and chemical shares.
The swift action of President
Roosevelt in establishing, in
effect, the United States on
gold bullion basis was reflected
in confusion on the exchange
markets of the world in early
dealings today with traders chary
of making commitments until the
Continued on Page 2. Col. -
The Washington times., 1934-02-01

DOING FOR THEIR employees WHAT THE GOVERNMENT
REFUSES TO DO FOR ITS OWN.
The subcommtees amendment the appropriation bill provides
immediate of five of the Federal salaries
the per cent after July l.
SUCH POLICY WILL BE OF MATERIAL ASSISTANCE TO
EVERY GOVERNMENT WORKER IMMEDIATELY.
THIS POLICY WILL BRING HOPE TO EVERY MAN AND
WOMAN IN PRIVATE EMPLOY, FOR THERE IS NO DOUBT
THAT PRIVATE EMPLOYERS HAVE BEEN HOLDING BACK
ON SALARY ADJUSTMENTS, WAITING FOR THE GOVERN
MENT TO DECIDE ON ITS PROGRAM.
The policy prepared by the subcommittee will
IT WILL. POUR ADDITIONAL MILLIONS OF DOLLARS INTO
The Washington times., 1934-02-01
RAIN N|PS JOE'S
SHOT At TITLE

MIAMI, Fla, Feb. l GN.SO.
Make Rosenbloom-Joe Knight
boxing bout for the light heavy
weight championship of the world
was postponed here today when
Madison Square Garden officials
promoting the affair looked up
at the soggy skies above the city
and decided they were too threat
ening.
The bout will be held Monday
night. Clear weather is not ex-
pected before Friday. Knight,
the challenger, is scheduled to
fight the champion for Is rounds.
A drencIling tropical downpour
raked the city this morning.
The Washington times., 1934-02-01
Ice Melting Rapidly,
Skatinu NearS End

Warning signal flags placed at
several points at noon today in
dicated that the second brief skat-
ing period of the winter on the
reflecting pool at the Lincoln
Memorial was coming to an end.
Park police said that skating
might be called off at any mo-
ment, because the ice, badly cut
up by the 1000 who skated
there yesterday, was melting
rapidly.
The Washington times., 1934-02-01
LONG IS UPHELD
IN SENATE
BY international News Service

Senator Huey P. Long, the
Louisiana "Kingfish," won a ma
jor victory today when the Senate
Privileges and Elections Commit
tee ruled the charges filed against
him in the Senate by his political
enemies were insufficient" to JUS
tify an investigation.
The committee, however, decided
to notify the principal complain
ants against Long that they could
amend their complaints.
Senator George CD of Georgia,
committee chairman, will an
nounce a public session of the
committee within the next 10 days
to give the complainants an op-
portunity to file a new set Of
charges upon which the Senate
might act.
The Washington times., 1934-02-01

The Government moving in the right direction at last
IT IS GOING IN THE RIGHT DIRECTION BUT Is IT GOING
FAR ENOUGH AND IS IT GOING FAST ENOUGH?
The Senate Committee Appropriations
the independent offices supply bill has recommended aevaon
of the Federal pay
Those excellent AS FAR AS THEY CO.
They the Senators alert to the NCONS1ST
ENT POSITION IN WHICH THE GOVERNMENT WAS PLACED
BY DRIVING PRICES WITH ONE HAND WHILE DEPRESs-
ING WAGES WITH THE OTHER
They demonstrate that the Senators alert to the fact that THE
GOVERNMENT CANNOT COERCE PRIVATE EMPLOYERS INTO
The Washington times., 1934-02-01
y. S. Monetary Plan
Held Relief Susten1
BY International News Service

BY International News Service
The new monetary policy of
this nation is not designed to
punish" any other world power.
Secretary of the Treasury Nor
genthau so declared today in as
serting that the United States
wants to attain prosperity in con-
junction with, and not at the ex-
pense Of, other nations.
The Washington times., 1934-02-01
Senate'S Plan on Pay
Certain to Pass House

'T'm dern glad to hear II"
Thus enthusiastically did
Speaker Henry T. Rainey CD Of
Illinois. white-haired leader Of
the Democratic House greet word
from the upper chamber today
CONTINUED on Page 2, Col. y
The Washington times., 1934-02-01
D. c, GETSL
SNOWFA[

Light snow, which is expected
to turn to rain later in the day,
started falling in the District this
morning.
After low of IL degrees yester-
day morning, the temperature
stood at 36.5 at o'clock this
morning and was gradually ris-
ing. Clear and cold weather to-
morrow, was forecast.
The Washington times., 1934-02-01
Husband COnfesses
Ak Killing, Say Olice

MONTGOMERY, w. Va, Feb. /
GN.SJ Although refusing to
give a reason, Lemuel Vaughan,
AZ. today confessed, police said.
that he chopped to death his
18-year-old wife, Sarah with an
ak. State police said it was be
lieved jealousy was responsible.
The Washington times., 1934-02-01
Debate in Third Day
OUer SeGUUGy Treaty

BY International News Service
Debate over ratification of the
st. Lawrence waterway treaty
grew in intensity today, although
there appeared no prospects of an
immediate vote. For the third sue
ceSsive day. friends and foes Of
the treaty held the Senate floor.
The Washington times., 1934-02-01
CELEBRATES BIRTHDAY

CHICAGO, Feb. / G.N.SJ DIR.
Alice Lindsay Wynekoop, wan but
in slightly better health. cele-
brated her sixty-third birthday
anniversary today
The Washington times., 1934-02-01

THE RETAIL TRADE OF THE COUNTRY AT A TIME WHEN
THEY ARE VITALLY NEEDED.
More than that This by the Government WILL RENEW
FAITH OF EVERY CITIZEN OF THE UNITED STATES IN
SUCCESS OF THE RECOVERY PROGRAM WHICH THE GOV
ERNNENT IS PROSECUTING so VIGOROUSLY.
The subcommittee recommendations They
approved the Senate then the ultimately
President.
We believe that ANY DELAY WHICH MAY BE INCURRED IN
THE ULTIMATE ADOPTION OF THE RECOMMENDATIONS
WILL RESULT FROM THE CONVICTION THAT THEY DO NOT
GO FAR ENOUGH.
They are however STEP IN THE RIGHT DIRECTION