davidaulloa/AmericanStories huggingface dataset:
Evening star., 1935-02-07
BLUE RIDGE LOOP
WILL NOT Be PRO
Votes Against Step, and Its
Fate Will Be Decided on
February II.
BY the Associated Press.

BY the Associated Press.
Y AGERSTOWN, Md. February
- THE fate of the Blue Ridge
League, an amateur base ball
circuit organized last Sum-
mer with five teams in four States, is
to be decided at a meeting here Feb
ruary IT of club representatives.
President Frank Colley Of Hagers-
town called the meeting after mail
vote of the clubs yesterday defeated a
proposal for the league to enter the
ranks of organized base ball. Lack Of
financial support from major league
clubs was indicated as the reason for
the defeat.
Frederick and Chambersburg, Pa,
voted for a continuation of amateur
base ball and HagerStown cast its bal
lot in favor Of becoming professional
organization.
Martinsburg, w. Va, announced 1t
could not support professional team
and could not continue as an amateur
outfit. Winchester, Va, previously had
reported its intention of dropping its
membership.
The Blue Ridge League was strong
class D loop for many seasons, but 1t
disbanded five years ago. It was re-
vived last Summer as an amateur cir
cult. In planning to go professional,
it proposed a athree-day-a-week sched-
ule, which the major league clubs dis
approved.
Evening star., 1935-02-07
At HOME IN MAY,
JULY, SEPTEMBER
Circle Circuit Week After
Opening Play April Is.
YankS Here Late.
BY JOHN B. KELLER.

w YHEN the lid is lifted from
M major league base ball on
v v April 16. the Nationals will
be showing on their own
lot, but not until a month later will
they really begin to get acquainted
with Griffith Stadium In the early
going Washington's ball club will have
to do much jumping about to keep up
with this years American League
schedule.
Three games with the Athletics, to
be followed by as many with the Red
Sox, will be played here at the outset
of hostilities, then the Nationals will
quit their ball yard to visit the
grounds of all seven rivals before get
ting back to Washington. So Capltal
fandom will know about what to eX-
pect of its club before getting good
look at it.
Long tours will be speciality with
the Nationals this year, for again in
June they will swing through the
fields Of all rivals and in August Will
leave home for visits to five cities.
AS the schedule is drawn, fans here
will get all but 20 of their II games
in Griffith Stadium in May, July and
September.
Evening star., 1935-02-07
CONFERENCE NAMES
MEMBERSHIP GROUP
H. C. Byrd One of Four VINO Will
Make Recommendations for
Southern Outfit.

By the Associated Press.
n ICHMOND, Va, February t.
K President Forest Fletcher has
announced the appointment Of q
Membership Committee of four, which
will make the initial recommendations
for additions to the Southern Con-
ference.
Prof. Charles Nash of Virginia was
named chairman Of the committee.
Other members are H. c. Byrd Of
Maryland, r. K. Foster of South Car
olina and Dean Wanamaker of Duke.
At its Midwinter meeting the con-
ference increased its membership linn
its from 10 to 16 schools. at the same
time pointing out this did not mean
necessarily that any additional mem
bers would be voted into the group.
William and Mary and Richmond In
Virginia, the Citadel, Furman and
Presbyterian in South Carolina, Da-
wilson and Wake Forest in North Car
olina have been the most persistent
seekers after conference membership.
Evening star., 1935-02-07
Maryland Offers a Good
Example of Purity of
College Boxing.
BY FRANCIS e. STAN.

Nd, not only is a crack debater with
words now, but does pretty well in
fistic debating. He is one of Lieut..
Harmony's five undefeated ringsters.
Jimmy Young, like good many
1l5-pounders. found the doors of
athletic fame practically closed to him
until he discovered boxing. So did
Bill Waller and Tom Birmingham, the
125-pound alternates on the Terp
team. Harold Kelley, the l65-pounder,
could take his sports or leave them at
Forest Glen, Md. He left 'em.
Stewart McCaw, 175-pound
champion of the Southern Con-
ference, and Lyman McAboy,
also undefeated this season,
never put their hands inside Of
a boxing glove until they hit
Maryland. McCaw used to play
basket ball at Rochester, N. Y,
High. McAboy did some third
basing for Eastern High.
Carl Stalfort. heavyweight. crashed
foot ball game as a member Of Balti-
more City College for all Of minute
as his contribution to scholastic sports.
HAYBE the secret Of Harmony
VI unusual success lies in the fact
that Jack, still youngish, is
capable of carrying on where he left
of after three years of boxing at We<
Point. None of the Army's opposition
at his weight was able to whip him
and none OF his Maryland prote5es al
any weight, can lick him today.
Harmony's big secret may be
that of climbing into the ring
and trading poke for poke,
starting with little Jimmy
Young and winding up with
Carl Stalfort He does 1t almost
daily, sometimes for 10 rounds,
often for 20.
And the system seems to have
its effects.
Evening star., 1935-02-07
WARBURTON TO TOTE
PIGSKIN FOR BEARS
Trojan Star Back Signs With Chi.
cago Pros-Reports for Duty
Next Fall.
BY the Associated Press.

BY the Associated Press.
CHICAGO, February 7.-Irvin e
~ (Cotton) Warburton, whose daz-
zling runs made him one of the
gridiron greats at Southern California,
will make his touchdown jaunts for
the Chicago Bears of the National
Professional Foot Ball League next
Fall.
The 147-pound will-o'-wisp has
come to terms with Owner George
Halas and will report for duty next
Fall.
Warburton probably will be used at
halfback as running mate to Beattie
Feathers, giving the Bears deceptive
combination that should keep them
high up in the contending class all
season.
Owner HalaS said he had one or two
prospects left for consideration for
next Fall, but refused to divulge their
names.
Evening star., 1935-02-07
Earnshaw Hurled,
DAT Dean Learns

HOT SPRINGS, ARK, February
i l. Z R.-This one on Paul
Dean is going the rounds
here:
Daffy and his bride were dining
IN a restaurant. A tall, husky in
dividual approached shyly.
IT beg your pardon, sir, but
aren't you Paul Dean, the base
ball pitcher?" he asked.
Paul admitted his identity. and
the stranger asked for his auto
graph. Daffy obliged, comment
ing:
You look big and husky your
self. Did you ever play base ball?"
"Oh. yes. I have played little:
like the game"
What position do you play best?"
"Oh, enjoy pitching very much.
I used to be pretty good at it, too"
BY this time, Paul, who entered
the major leagues only last year,
became somewhat suspicious.
Say" he declared abruptly,
"what Is your name, anyway"
George Earnshaw." the big fell
low replied with grin.
Evening star., 1935-02-07
Terps Face Fast Foes
AeEPs II aCc II "SV
UNIVERSITY OF RICHMOND Is

UNIVERSITY OF RICHMOND is
not so well advertised as New
York University. probably is not
cutie so strong, but is strong enough
not to have lost game so far this
year. The team practically Is the
same as the one that beat Maryland
last season, A to 80, and Is confident
Of turning the trick again.
There seems no other team in the
whole section as good as Richmond,
except North Carolina. Maryland.
however, should be better against
Richmond tomorrow night than 1t
was a var ago, and the game. if the
Old Liners play up to their potentiali-
ties, should be as good as any other
here.
Penn State has on its boxing team
two men who won intercollegiate
championships last year and a third
who became eligible the first OF Febru-
sry who was national A. A. U. heavy
weight champion in 1888. Penn State
Is banking on these three men as GER
tain winners, and feels that they
should give it a good start toward a
victory over Maryland. The two col
legiate champions, Criswen and zalez-
nook, are in the lis and 125 pound
classes. Izzy Richter is former A. A. U.
ruler.
Despite the excellence of the Penn
State squad, and the good team that
Maryland has, there does not seem
to be a bout that is a set-up for
either school.
Evening star., 1935-02-07
SPORT Scope

Ut IS strange TO think Of boxing
as purity in the realm of sports,
but if there is one field of ath-
letic endeavor in the college cur
riculum safe from the finger of sus-
picion and charges of proselytism 1t
would seem to be the ring game.
1t may not always be thus. The
day may dawn when amateur and
even scholastic boxing is popularized
to such an extent that it may be
deemed expedient on the part Of some
jealous alumni to persuade ringsters
to battle for various alma matters.
Already there is a decided commercial
aspect to college fisticuff1ng. Through
out the South and the East, at least,
the sport is beginning to stand out
as the chief money-maker of the in
door season.
But today, unless the we'll known
wool has been pulled far down over
my bleary eyes, the good college boxing
team is strictly a product moulded
from raw. almost 100 per cent untested
material by the coach.
The University of Maryland,
where Lieut.. Jack Harmony
holds forth, furnishes a good
example.
a GREAT college boxer himself
~ when representing the Army,
Lieut. Harmony found himself
with a lot of willing but green young
sters three years ago when he took
charge. From this he fashioned a
successful team and has repeated the
stunt ever since. This season, so far,
Maryland is undefeated and is looked
upon as the chief threat to Duke and
Virginia in the annual Southern Con-
ference tournament
Ivan Nedomatsky, hard-hitting
young 135-pounder. is the lone men,
Der of Maryland's 1885 squad who has
fought this year who had the benefit
Of previous experience.
A brother of a professional
boxer. Nedomatsky naturally
had a fling at throwing hooks
and jabs. But the remainder
was fashioned only from fine
nOn-athletes in high schools, q
hefty youngster whose only
previous athletic experience was
a minute of play in a high
school grid game, a reformed
scholastic basket bah player,
and a local boy who INDUCED
only in base ball when he
matriculated at Eastern High
School.
Evening star., 1935-02-07
WoLETs TO PICK ON G. U.
Defeat by Yale Makes Them More
Difficult Team Here.

NEW YORK, February 7.-Ne4
York Universitys basket ball team waf
relaxed today following its first reverH
in % games at the hands Of Yale ~
New Haven last night, 80 to 20.
The strain removed, the Violets wiz
prep today for the Georgetown tilt Ia
Washington tomorrow night and they
will be tougher team for the Hoyas
to face than if they had kept up theE
streak by beating the Ellis.
Last nights summary:
Evening star., 1935-02-07
Center TOSSERS
HAVEF|VEG GAMES
Girls to Clash in One of Tits
Tonight-Quintets After
Dates.

1--WE games will be played TO-
~ night in the Community Gen.
ter Basket Ball League, with
Sholl's Cafe and the District
Firemen clashing in feature.
At Langley Junior High, Home Own.
ers' Loan Corporation girls will op-
pose the Ninth Street Christians, be-
ginning at 7:3O o'clock. On the Hine
Junior High court Sigma Nu Sigma
and Miller Furniture will tangle at
7:30 o'clock and Anacostia and Brand
A. c. at $50 o'clock.
Sholl's and Firemen will meet at
$50 o'clock on the Central High floor,
while on the Langley court at the
same time Sigma Alpha Kappa will
engage G. P. o.
Maryland A. c. is seeking game
for Sunday with an unlimited team
having a floor. Call Manager Willis
Benner at Adams 5955.
Twin Oaks Blackhawks are on the
lokout for 145-pound foes having
courts. Call Manager Frank at Met
ropolitan 1900 between 5 and 8 pm.
The Friendly A. C. of Gaithersburg
also is seeking games with 145-pound-
ers or unlimited tilts. D. L. Robert
son, manager, may be reached at
District 4510. branch Isl.
Scores last night:
Y. M. C. A. League.
"Y' Hawks, %: Kendall, IL.
Flying Eagles, %; Dome Oil, "a.
Marvin Methodist. 19; N r. A., Il
Flashes, "a; Kendall, IA.
Government League.
Investigation, so; F. H. A., Il.
r. F. c., 80; State, IL.
N. r. A., SO; F. E. r. A., 1s.
Community Center League.
brakes. 48; Loews. II.
First Baptist. 81; Navy. rs.
Northwest Flashes, 81; Northeast
Boys Club, 20.
Independent.
| st. Mary's Celtics. Al; Renrocks, 10.
Temple, 81; Del Ray, II.
Powell A. c., %; Mount Pleasant,
10.
Georges. 43: Marion. 81.
Army War College, SO; T. z. Clark,
20.
Roosevelt's, 26; Custodians, a..
Evening star., 1935-02-07
PRO HOCKEY

BY the Associated P"ess.
International League.
Buffalo, q; Windsor, /. (overtime)
Canadian american League.
Providence, 3; New Haven, 2.
Inter-League.
Minneapolis (centraD, 4: Kansas
City. "a. A. O. "a.
Evening star., 1935-02-07
BOXER BREAKS KNUCKLE.

LOS ANGELES, February z P!-
X-rays showed Lou Brouillard. former
middleweight and welterweight box
ing champion, suffered a knuckle
fracture on his left hand in stopping
Indian Jimmy Rivers in the fourth
round here Tuesday night.
Evening star., 1935-02-07
MARTIN BAREs SECRETS. "

Mike Martin. trainer of the Wash
ington base ball club, will disclose
some of the secrets of training big
league ball players tonight over sta
ton VOL. Martin will go on the air
at 8 o'clock.
Evening star., 1935-02-07
Criffs' 1885 Dates
At home

At home. Abroad.
April Is. II. Is. Philadelphia
April 10. 90 81. Boston
Phil. Apr %. "a. 25
Bos Apr. 26. 81. %
NY. Apr 90. 30, May /
Chi. May 3. f.
St L.. May 6. T.. 8
Det.. May Q, 10 II
Gle. May IL 13. IA. Is
May 16. II. Is, 10 Detroit
May 90 21 22. st. Louis
May %. "a. %. -. Chicago
May 20. 81. %. -. Cleveland
May 90. 80. 80. 80. New York
Phil. May 81. June 1. 2
June a. 5. 6..... Boston
June z g. 9.... Philadelphia
Chi. June IL, 12. 13. Il
st.L.. June Is. 16, II. Is
Gle. June 10. 90. 81
Det. June 90. 90. "a. 25
NY. June %. 20, 80
Bos.. July l. %
Phil. July 4. 4
July 8. o, 7......New YORK
July 10. IL. IL. Detroit
July 13. IA. 16. II, st. Louis
July 1 8. 49, 90. 81. Chicago
July %. 90. "a. 25. Cleveland
NY. July 20. 81. %
July 30 81. Aug. 1. Boston
Aug, ., 3 4,,,,., New York
Aus. 3. g. 7.,.... Philadelphia
Bos.. Aug. 3. 10. II
Det, Aug 13. IA. IS. 16
Gle. Aug. II. 1s 10. 90
Chi. Aug. 81. 22 %. "a
StL..Aug 25 26. 81. %
Aug. 81, Sept. l.. Boston
Bos. Sept. 2. 2
Sept. 4. .5.B.7. :. st Louis
Sept g. g. 10. IL. Detroit
Sept. IL. 13. IA. Is Cleveland
Sept. 16. II. 1s. 10 Chicago
Sept 21. %. .... Philadelphia
Sept %. 24,. New York
NY Sept %. 26
Phil. Sept. 27. %. 20
Evening star., 1935-02-07
DELAWARE WINS SWIM.

NEWARK, Del, February TAX
ing every first place, University OF
Delaware scored a 56-to-12 victory
over villanova In q dual swimming
meet here last night.
Evening star., 1935-02-07
Capital College Sports Varied Long Tours Mark Mats 1885 Schedule
Sports Program
In Local Realm
TODAY.
Basket Ball.

TODAY.
Basket Ball.
Gonzaga, at Eastern, $50.
American u. at Sidney.
TOMORROW.
Basket Ball.
New York U. VS.. Georgetown, at
Tech, $50.
Eastern VS.. Georgetown Fresh
men, at Tech, 7:3O. Preliminary to
G. U. Varsity-N. Y. u game.
Central VS. Tech, at "ech: Roose-
welt VS.. Western, at Roosevelt. both
games at $50. Public high school
championship games.
American u, at Lynchburg Col
lege.
Catholic u, at Baltimore q,
Georgetown Prep, a. Landon, $3.50.
George Washington. t Long
Island u. Brooklyn.
Callsudet, at Maryland State
Normal, at Towson.
st. Albans. at Baltimore Friends.
Rockville High, at Takoma-SilVer
Spring Hign, $50.
Howard u, at Union, at Rich
mond.
Douglass. at Cardozo, $50. South
Atlantic High School Conference
title match.
Sherwood High, at Gonzaga, 8.
Washington-Lee High, at Alex
andria, 8.
Kendall, at Friends. $3.50.
Swimming.
Washington and Lee VS.. George
Washington, at Shoreham, 8.
Baltimore City College, at Gen.
tral High, $50.
SATURDAY. :.
BasFet Ball.
Richmond o., at Maryland, 8.
Fort Myer, at Gallaudet. 8.
George Washington VS.. st. Johns,
At Brooklyn.
American u. at Lynchburg
Wilson Teachers, at Maryland
State Normal, at Towson.
Howard u, at Hampton.
Episcopal High, at Virginia
Episcopal School, at Lynchburg.
Alexandria High at Fredericks-
burg High.
Boxing.
Penn State, at Maryland, 925.
Villanova VS.. Columbus U. at
Tech High, 8
Catholic u, at v. M. I.
Wrestling.
Seth Low Junior College, at
Gallaudet.
Central Y. M. C. A., York
(PaD Y.
Rifle.
Western Maryland, at George
Warrington.
Bowling.
Convention Hall-final five-game
block of Campbell Sweepstakes, 8.
Track.
Tech High II Eastern inter-
scholastic, at Panzer College,
Newark. N. ].
Evening star., 1935-02-07

VYIALTER WEBB'S nearest ap-
w proach to anything in the
line of athletics before meet
ing Harmony was vigorous waving
of arms as a member of the debating
team. Walter, hailing from Vienna,
Evening star., 1935-02-07
Totals 0110o Totals ma.

IOIaB II - IulaIs .IU To 90
Half-time score-N Y. u. II: Yale. IL.
Personal fouls: N. Y. U.-Maidmsn. a:
Gross. 3; Klein. 3; Gefin. 2: Pubinstsin.
son. Z; De Angels, 2; watson Klein. Z.
Wilson.
Referees-Messrs Greive and Brennan.
Evening star., 1935-02-07
CUBS GET In LINE

o'Dea Signs, Leaving Seven Yet
to Accept Terms.
CHICAGO, February P).-James
O'Dea, youthful catcher, who came to
the Chicago Cubs from the st. Louis
Cardinals in the Pat Malone deal, has
sent in his signed contract.
Seven players still have to send in
their signed contracts. but only one
Chuck Klein, is regarded as probable
holdout.
Evening star., 1935-02-07
BASE BALL TUTOR DEAD
Merrifield introduced Game to
Japanese 80 Years Ago.

CHICAGO. February R.-Fred
Merrifleld. educator, writer and clergy
man, credited with introducing base
ball in Japan, died in hospital yes
terday. He was 81.
He taught in Toxic from 1904 to
1907 and organized and coached base
ball teams in the island.
Evening star., 1935-02-07
CoIonials on Trip.

CoIonials on Trip.
FORGE WASHINGTON'S basket
IT ers are of on trip tomorrow
and Saturday. The first game
is with Long Island University and
the second with st. Johns of Brook
lyn.
The Colonials seem to be better
than either of their opponents, but
winning on their opponets' floors is
another matter entirely. Basket ball
is distinctly a home game, with all
Continued on Page 2, Column ID
Evening star., 1935-02-07
Yankees Get Here Late.

d FTER their six-day stand in the
n Georgia avenue ball yard at the
beginning of the campaign the
Nationals will swing through the East,
visiting Philadelphia, Boston and New
York in order, then tour the West.
Back from the West they'll Jump,
and without a day off settle down to
repel the invaders from the league s
inland sector. This second home stand
will be one Of virtually % games, for
only a three-day trip to Philadelphia
will interrupt it toward the end.
And not until the latter part Of this
home stand will the Yankees show
here for the first time this year. They
are to drop in on May 29 and 80 for
three games. a double-header being
listed for Memorial day.
That Memorial day date is the only
home holiday listing for the Nationals.
They'll be putting on two games in
Philadelphia on July 4, and Septem-
ber 2-Labor day-will find them in
Boston for a pair of engagements.
West Again in June.
A FTER playing the AS here June
~ the Nationals will head West
for the second time. and also viii
take in New York. Boston and Phila'
delphia before getting home on July
TO begin the second half Of their cam
paign. Then they'll be in Griffith
Stadium for a stretch Of 27 games
broken only by three-day trip to the
home of the Yankees.
The last long swing will get under
way August 8, when a series will be
opened in Boston. From the Red SoX
town the Nationals will 60 West for a
round of 16 games, jump back here tc
meet the Red Sox the last day Of Au-
gust, and the first day Of September
drop in on Boston for Labor day, then
return to Washington to battle invad-
ing Western clubs for the last time.
All but the Red Sox will appear ir
the Nationals final stand in Griffith
Stadium, with the Yanks winding ur
the Capitals season on September "a
Brief visits to New York and Phila-
delphia will follow to conclude the
campaign on September 29
All Even on Week End Dates.
r IKE all other clubs, the Nationals
get a dozen Saturdays and as
many Sundays at home and also
as many of each abroad. They get a
better break in week end dates with
Eastern foes than they do with the
Western outfits. however.
The Yanks core here for two Sat-
urdays and two Sundays and so dc
the Red Sox and the AS. And by
them the Nationals will do as we'll
But the White Sox are here for only
one Saturday and one Sunday and
the Nationals will be in Cleveland
only one Saturday and one Sunday.
There will be only one Sunday in
Detroit for the Washington Club this
year, but the champion Tigers will be
encountered on their own lot on two
Saturdays. Which is not so bad fol
the Nationals treasury, as Detroit fans
turn out heavily on Saturday as vel
as Sunday. And there are two Sun.
day dates in st. Louis. the town where
the fans wander to the ball park only
on Sundays. Both Tigers and In
dams have two Sundays scheduled
here.
Only 16 off days appear in the com.
pact schedule. Seven of these will bt
given to travelling. Two break intt
the schedule to provide for the game
between the all-star teams of the biz
leagues to be played this year IL
Cleveland's vast municipal stadium OF
July 8.
It's a well-arranged schedule IL
which the Nationals are nicely treated
Evening star., 1935-02-07
ENGLISH BOOTERs WIN.

LIVERPOOL, February R.-Eng-
land defeated Ireland, 81, in an inter-
national soccer game here yesterday.
England led 10 at the half.
Evening star., 1935-02-07

CONTINUED on Page 2, Column ID
Evening star., 1935-02-07

1--WE games will be played TO-
~ night in the Community Gen.
/ ter Basket Ball League, with
Evening star., 1935-02-07

AT
PHILADELPHIA

May 28, 27. % =.
July %. %. "a, q
Sept. IL. 13. Il. 15
Evening star., 1935-02-07

r T IS strange to think Of boxing
as a purity in the realm of sports,
but if there is one field of ath-
The Washington times., 1935-10-10
DISTRICT BANK
READY T0PAY
DIVIDEND
Stockholders Suit De.
lays Distribution Of
Cash on Hand

The District National Bank
which failed in March, 1888, is
prepared to pay its depositors a
substantial dividend, it was dis
closed today in the quarterly re-
port of the statement of condi.
tion,
A stockholders suit, however,
stands in the way of distribution
Of $451, ,493 which is the amount
OF cash held by the receiver, Nor.
man r. Hamilton. Stockholders
are attacking the legality of as
seSsments levied against them.
Mr.. Hamilton, in his report to
the Comptroller of the Currency,
estimates the ultimate liquidation
value of the banks assets at
$2'242,398. The book value of the
banks holdings is $4,882, 1866.
Four Other Banks
Statements of condition of four
other closed banks here under the
supervision of Mr.. Hamilton were
mace public today.
The banks are the Potomac
Savings, the Northeast Savings
the Washington Savings, and the
Seventh Street Savings. In gen
eral the estimates made by the
receiver of the ultimate liouida-
tlon value of the assets are en-
courag1ng, although Sllbstantiallv
below the book values in every in.
stance.
Book value of assets of the Po-
tomac Savings Bank is $1,529, 1877
while Mr.. Hamilton estimates that
OF this sum only 1926, sol uIti.
mately will be salvaged for the de-
positorS.
In the Northeast Savings Rank
the books carry a value of S5O3-
1874 and the estimated value of
their final liquidation is 1894 ,978,
Inc book value of the Washing
ton Savings Bank is $245, ,121 and
the receivers estimate of the
value is $l52,167. The Seventh
Street Savings Bank assets have
book value Of $752,0O8 and Mr..
Hamilton estimates that liquida-
ton of the. remaining assets will
bring the depositors $447,424.
Outlook Gloomy
Outlook for dividend payments
in the Commercial National Bank
continues gloomy. In it's state
menG of condition made public to-
day, the banks assets are revealed
to be SIS, ,687 ,210, while the receiver
estimates that only $2,214.345 of
this sum will Ultimately find it's
way back to the depoSitor.
The Commercial National Bank
already has paid out a so per
cent dividend. Best estimates in.
dicate depositors ultimately will
receive about 10 per cent of their
money.