davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-09-18
Business Under the New Bqnking Rules
Expanded Money Supply
Effects Now Being Felt
Governments Borrowing Gives Assurance of
Stability to Business Interests.
Ply IRVING FISHER


THE money
rapidly increased during the Its
impact S beginning be felt
Implications the banking systems the Federal Reserve
check June 30 1888 2
s172OOCO O7OOOOO than the 1929
comparison probably be somewhat the other
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-09-18
TOWNSEND. GREENLEE
LAUO YOUNG VOTERS
Credit Them With Party Success in
State at Marion Rally.

BV tHitt4 Press
MARION. Ind. Sept 18.-Succcss
of the Democratic party in Indiana
is credited to young voters. Lieut..
Gov NJ Clifford Townsend and
Pleas E. Greenlee, McNutt patron
age secretary. told a group of Fifth
District workers here last night.
Neither Mr.. Townsend nor Mr.
Greenloe. both reported in the race
for gubernatorial nomination next
year. referred to his respective am
bitiOn for that office.
Joseph Gibson. KCkomO. was
elected district chairman.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-09-18
Tech Newspaper Out Today

The first issue Of the Arsenal
Cannon. Technical High School stu
dent newspaper. was distributed to-
day.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-09-18
BUTLER NAMES TWO
NEW STAFF MEMBERS
Ellis w. Carroll Is New Director of
University Band.

University Band.
Appointments to the Butler Uni
versity staff for the 1886 school
year have been received by Ellis w
Carroll, a graduate, and Joseph w.
HaSlet. A senior
Mr.. Carroll has been named di-
rector of the university band. to
succeed J. B. Vardaworker. and Mr.
HaSlet has been appointed assist
ant to Prof. c.. F. Leonard. director
of the university student welfare
agency.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-09-18

Ben-Hur to Give Dance Tonight
Arrius Court, No. 5, of the Ben
Hur Life Insurance Association, will
hold the first of its fall and winter
dances tonight at Woodmen's Hall,
322 E. New York-St.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-09-18

Thus, demand bank deposits. for
member banks at least. are now at
their all-time peak. And the gov
eminent is to add to them upward
Of 4 billions more during the cur
rent fiscal yec- These figures do
not include pocket-book money. But
today pOcket-book money is merely
the small change Of the nation. Our
chief circulating medium is check
book money.
There are two sorts Of turnover"
or Of velocity" Of money-groSs and
net.
Gross velocity is what is ordi-
narily called velocity; that is. the
number Of times check-book money
turns over in year Thus. if the
nations checks passed in a year
amount to 600 billion dollars while
the checking deposits at any mo-
mcnt amount to 20 billion dollars,
the gross velocity is 80 times a
wear Each dollar changes hands
80 times year.
IN 1929 the gross velocity was
abnormally high. This was A
to AZ times a year. before the crash
Now it is for the first seven months
Of 1885, abnormally low. only Is to
l8 times a year, though it has been
increasing from Is The specula-
ton and overcOnfidence of 1929.
contraSted with the opposite Situa-
ton in 1885, explains the difference.
This gross velocity includes the
circulation Of money in every pos
S.Dle way But in its circulation, the
supremely important function of
money is to pay for our living-to
buy real income with money in
cOme-in detail. to pay at retail for
our food, clothing, shelter, fuel.
lighting, amusement, education and
transportation. The amount so spent
is our money income, and when
this is divided by the total money
the result is its net velocity, or. as
it it often called, its income velocity.
Thus, if the nations money is 20
billions and its income is so billions
the net or income velocity is three
times year. Income or net veloc-
ity is normally about three and does
not fluctuate as wildly as does gross
velocity.
The daily bread and butter of the
American people is closely associated
with a steady income turnover of
money. When part of the check
book money on deposit in the banks
is destroyed by the calling and non
renewal of private bank loans, the
Jolt is felt in real income Produc-
ton and trade can not be main
tanned. Prices drop. Profits turn to
losses. The business machine slows
down. We have unemployment.
ON the other hand, when money
~ is restored. as by government
borrowing of the banks, there is
restoration of business activity.
There is also. in the case of govern
ment borrowing of banks. the unique
assurance that the new highway of
H. l.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-09-18
Clubs to Continue Fight

The tentative site for the West
Side park is outside the city limits
on Big Eagle Greek, south of Yer
mOnt-st.
All West Side residents are not in
agreement on this location. Some
want the park inside the city and
many do not want any park at ALL
IT was said
William Enrich Jr, Federation of
West Side Civic Clubs president
said his organization is still push
ing the project.
We are giving the Park Board a
respite now. but we expect the Off
Gals to carry this project through, ="
he said
The Waterbury Democrat., 1935-07-19
FRENCH FEMALE
 PONH IS DEAD

Paris, July 19-(UP)-Madame Marthe Hanau, Frances feminine Ponzi, died today in the hospital of the women's prison at Fresnes.
 Madame Hanau was transferred to the Fresnes prison on February 23 when the appeals court rejected her appeal against execution of a prison sentence of three years for swindling. At that time, Madame Hanau, a large commanding wom- an of decisive speech and brusque motions, attempted suicide.
 Madame Hanau was sentenced to prison for two years in 1881 for fraud in connection with her pub lication of the Gazette du Franc" which encouraged grandiose in- vestment schemes. She appealed the verdict and received an addi- tional yeaR in jail for contempt.
 Twenty years ago, Mime. Hanau was linen peddler in Montmartre. She and her associates lost $4,- 100000 in a financial debacle which was the reigning sensation in France until the Stavisky bond scandal overshadowed 1t.
The Waterbury Democrat., 1935-07-19
COCCHIOLA TO BE
 GUEST AT DINNER
We'll Known Singers En- gagement Announced
 Phelarl TOaStmaster

Arrangements for bachelor dinner to be rendered Thomas J. "Tiny" Cocchiola on next Monday evening are now in progress and it is expected that the affair will be attended by more than 15O persons. MT. Cocchiola will be married next month to Miss Lena Diorio.
 The honored guest is very pop ular in the city, and being a singer has performed with several of the best known minstrel troupes, and individually at social functions and private gatherings. In recognition of the ability of their honored guest many of those who attend will present diversified entertain ment. Among the soloists to be heard will be Michael Morrissey, Frank Orso, John Rocco and James Hogan. Domenic Mecca will present accordion interpretations.
 Louis J. Martino who was for merly associated with the Rocco Diorio restaurant, will act as mas ter of ceremonies and the guest speaker will be Commissioner James A. Phelan of the board of public works and president of the John Byron Coal company, where MT. Cocchiola is employed.
 The committee in charge is headed by Ray Cocchiola, who is being assisted by Louis Rocco, James Jamele, Charles Spiotti, John Rocco, Tony Diorio, Rocco Diorio End, and Michael Toma.
The Waterbury Democrat., 1935-07-19
SCHOLARSHIP FOR
 CCC APPLICANTS
Wesleyan University Re- peatS Offer of Last Year
 to Encourage Study

Middletown, Conn., July IT, For the second year in succession, 8 scholarship for the freshman year at Wesleyan university, cov- ering full tuition and room rent, has been offered to men of the C.C.C. camps in Connecticut, i'm cluding the area headquarters which is in New York state. So far as is known at the university, no other college has offered, or is offering, such scholarship.
 The scholarship for 1934-1935 was assigned to Clifton E. Daven- port, of New Britain, from the Fort Wright headquarters of the Fifth C.C.C. district; he made a commendable record at Wesleyan during his freshman year, and ex- poets to continue with his college course in the fall.
 In order to be eligible for this scholarship, boy must be resi- dent of Connecticut and enrolled at some time during 1895 in Con- necticut C.C.C. camp; he must also be graduate of Connecticut sec ondary school. One boy only may be nominated as a candidate by the superintendent of each Con- necticut C.C.C. camp.
 Applications from the nominees must be received by the president of Wesleyan at Middletown not later than August 12. The nom- inees giving the greatest promise will be called to Middletown for conference and general intelligence examination sometime between August 23 and September 3, the exact date to be announced by August 19, to those selected for the final competition. The award will be announced by September 5.
The Waterbury Democrat., 1935-07-19
M. J. DAILY co.
 WINS CONTRACT
To Install Heating in New Convent at New
 Britain

The M. J. Daly Company, Inc, of heating contract for the new head quarters building of the Daughters of Mary of the Immaculate Con- ception, order of Catholic nuns, to be erected in New Britain, it was announced today by Rev. Joseph Griffin of St. Thomas seminary. Company officials stated today that while they had submitted a bid they had no information on its acceptance as yet.
 The general contract for the building has been awarded to the Southern New England Contracting company of Hartford. Several other sub-contracts have been awarded. which, including the general con- tract, will bring the cost of the building to more than $136,000.
 It is expected that work on the building will begin during the com ing month and will continue for about seven months. Plans call for the location of the building, a three-story structure, on tract of land where the Polish orphanagfie is located. facing osgood avenue in New Britain.
 It will be used by the sisters for q novitiate, q home and q head quarters for the order. which has members throughout many of the eastern states. Plans include c dor- mitroyI, number of private rooms, kitchen. dining room. laun- dry, private and general business ofiiees and . reception room and parlor.
The Waterbury Democrat., 1935-07-19
Waterbury Playground
 Sports
BY TOMMY o'CoNNoR
Hamilton Park

A mistake by the official scorer of the Blue StreaKs-East End senior loop Tuesday resulted in protest by the East End combine and Will liam Schofield, head supervisor here asserted that the score was in favor of the East Enders, 6-4.
 The midget loop tilt yesterday morning between the M. F. C.'s and the East End Aces had the aspects of riot when Umpire Carl Benson couldn't make up his mind, as to a certain ruling, and it took the com bined efforts of Supervisors Scho- field and O.Donnell to untangle the mess. However, the M. F. C.'s de- feated the Aces 9-5, the hurling of Einno of the M. F. C.'s was stand out feature of flaming 15 men.
 Another scheduled ''shrimps" tussles is carded for tomorrow A. N. with the Pirates and the Red Devils in action.
 Inter-PlaygrOund Loop Ready
 Four games in the Interplay ground Baseball League will get underway Monday afternoon at 2:30 o'clock when Town Plot plays Fulton at Fulton, Waterville at Hamilton, Fuller takes on Bunker Hill at Rolling Mill field and Divi- sion calls on Washington.
 Out at Hamilton, Billy Schofield and Bob Blewitt, who will have charge of the Hamilton boys would like to have some more good ma terial and will hold a few tryouts to i'll the vacant places on the Hamilton junior and senior hines.
 Boys of that section wishing to make these hines can do so by signing up with Bill or Bob at the pavilion office.
 The Senior Loop gets into action next Wednesday. with Bunker Hill visiting at Hamilton, Fuller Street at Waterville and Washington trekking to Hopeville. Fulton drew . bye.
 Tennis
 The inter-playground junior matches will get underway Tues- day afternoon, according to Wil- liam 0uslfoile, supervisor at Chase park courts. who also heads inter- RtANGkVsH0 t6MNtN AGttpAttGHs
 The schedule calls for matches at 2 o'clock with Fulton at Washing ton. Chase at Hamilton at Idylwood avenue courts and Bunker Hill is Inactive with q bye.
 Bob Blewitt's class of boys and girls function regularly each Tues. day and Thursday from io to 12 noon. The boys on Tuesdays and tho girls two days later.
 Swimming
 Chase pool viii be the scene Of the championship Candlesllek race this afternoon at 2 D. nl. with Jim. nly NFyer'n Hamlltenians eompei- tns against the pick ef ilse Kern's nalniofs.
 The event under fhe nbpnsorEhip of 5ee DeHIne. swimming imalFueieE
The Waterbury Democrat., 1935-07-19
France Holds Title
 For Speedy Trains
Has 57 Per Cent of Worlds Total of Crack Trains
 United States Rated Poor Second


 France-50 trains, covering A. BOA 4 miles.
 Germany-14 trains. covering 1,S63.5 miles.
 United States-24 trains, cover ing 622.7 miles.
 Great Britain--5 trains, covering 575.9 miles.
 Canada-4 trains, covering 109.6 miles.
 France is proud of the great strides made in the identification of its lines in recent years. The Paris Orleans-M Midi has the largest total of electrified track in France with 1,652 miles, and it is already possible to cross from the Atlantic coast to the Mediterranean sea- board by electric traction.
 Electric Line Extended
 The identification of this system
The Waterbury Democrat., 1935-07-19
GARMENT STRIKERS WIN IN HARTFORD
Back Wages of $l,O5O Ob- tained on Order of State
 Labor Department

Strikers at the Watertown Un- dergarment Company factory were cheered appreciably today by news from Hartford that the Interna- tional Ladies Garment Workers Union, with which they are affil- lated, had complete successful ne- gotiations for the payment of $1,050 in back wages. to 50 girls and women employed at the J. Gassner Manufacturing Company of the Capital City. Leading the negotiations were Bernard Schub of New Haven, organizer for the union and titular head of the local strikers, and John Lonergan of Hartford, union leader, who has been here often during the course of the undergarment workers strike.
 The payment of back wages was effected after the union called on the state labor department to in- teSvene, after employees had com plained that two weeks wages had not been paid them. Investigation showed that the works claims were true, and the labor depart ment insisted on payment of the wages.
 The money was turned over last night by Jacob Gassnery owner of the company, to Senator William Fitzgerald and John T. Hayes of the labor department. It was in turn handed over to the union representatives of the workers and then to the employees themselves.
 Payment of the back wages fol- lowed prompt action on the part of the union. One step was the in- Nuencing of a jobbing firm in New York which did business with the Gassner concern, with the jobber telling the Hartford factory that his supply of unfinished goods would be halted unless the girls and women were paid.
The Waterbury Democrat., 1935-07-19
New Community Club
 Reported Disbanded
Political Ambitions of Leaders, Dissensions Respon-
 sibIe - Veterans May Stage Soft Ball Battle
BROOKLYN NEWS

Although 1t was formally an- nounced that the Brooklyn Com munity club had discontinued meetings for the summer months, it was learned today that the or ganization has folded-up and will not come together In the fall. Dis sension among the members is be- lieved to have been the cause of the disbandment. Political am- bitions and the fact that many of the members sought jobs placed uninfiuential leaders in a quandry after they had learned that 1t makes more than promise to sur vive.
 Several of the members had cir culated petitions requesting that streets and sidewalks be repaired, parks installed, bathing pools and shower baths opened, a recreation field established, and to have more playgrounds made available for the children. It was also expected that the group should be favored by the city administration in plac- ing unemployed members on the payroll. One prominent party re- marked last night that the club wanted everything but to have the conditions of the section at pres
The Waterbury Democrat., 1935-07-19

has proceeded southward from Pa ris and from east to west along the valley of the Pyrenees until the time is well in sight when the eIee- trified tracks will meet and it will become possible to travel from Pa- ris to the Spanish frontier by elecs tric traction.
 The F. O. M. is further ahead in the modernization process than than the other lines of France, which for various reasons, mostly military, have not adopted electri- ffcation extensively.
 Another chief reason for electric flying the lines is the reduction of more than 50 per cent in traction expenses. One electric locomotive can do the work of three ordinary steam locomotives, which appeals to the thrifty French nature.
The Waterbury Democrat., 1935-07-19
BY JOSEPH D. RAVOTTO limited press Staff COrresn0nf1pu

'.
 Paris, July 15-(UP)-Electrifi- cation of railways in France has led to speedier trains and as a re- suit France today possesses 57.9 per cent of the worlds total of trains travelling at rate exceeding 62 miles an hour.
 A detailed report recently issued by the French railway companies reveals that the United States is a poor second with only 27.S per cent, with Great Britain and Can ada trailing in fourth and fifth places respectively behind Ger many.
 Five Nations Included
 The report, giving the number of trains and mileage, is as fol- lows:
The Waterbury Democrat., 1935-07-19
CARS DAMAGED

Cars operated by Fred Irc# bridge of EIlsmere avenue and Fred Bruns of Clairmont street colided last night at Riverside an6 Bank streets, with both machinef being damaged. The accident waN investigated by PatroIman John DeNardo, who reported that no nns was injured.
 The car driven by Brdns is 0yFzs~ ed by Supt. Matthew Smith 0k Brookside home.
The Waterbury Democrat., 1935-07-19

Is sure to create interest. 4 sood crowd is expected Co witness the swimfest. PFises will be awarded the winners and runneF.ups imme- diafeiv after the contest.
 With Chase taking the balloon honors iast week. Jimmy WrEpE ayers inst hia team will annex the title fhis week foF his eps east eMIamIna peois
Evening star., 1935-03-27

Get out and ride! whether it's q
horse or . bicycle, here is the
correct outfit for these sports.
Even mixers these days are buying
riding apparel, as it makes an
ideal outdoor outfit Only at
1rvins's do you get such a remark
able value. So vhy wait? The
value is here! Remember. only
GENUINE riding toEs- featured at
all times st IRVIEGS.
Evening star., 1935-03-27

These Pink Pearl Azalea
plants are the ideal house
plant right now -. later
on they may be planted
in the g ar d e n. The
beautiful blooms lend a
colorful Spring atmos-
phere to any room. Very
special at 69c.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-06-11

WASHINGTON CATTLE
ORAL FROM THE AIR.
Work on the great structure
is to be resumed after a lapse
in construction of several
wears 3Star Staff Photo from
Goodyear Blimp.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-06-11

THE PAN AMERICAN
BUILDING, when hoodlights
at night enhance the clear
beauty Of its architecture.
A gift of Andrew Carnegie to
the Pan-American Union,
the building stands as a
symbol of its promotion of
concord among the American
nations.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-06-11

Left. WITHIN THE
CATHEDRAL CLOSE. A
view of the great edifice
on Mount St. Alban from
the beautifully land
scaped grounds, planted
in lockwood from many
Colonial estates of Mary
land and Virginia.
c Horydczak
The Waterbury Democrat., 1935-06-19
The Play

The Play
 If South opens the king of clubs, the trick Is won in dummy with the ace. Now you mush picture the south hand.
 South, to double, must hold some strength in trump. Undoubtedly he has the ace, jack. You should endeavor to make as many trump as you can, separately. small club
 Your next play should be Il small club from dummy, ruling with the three of spades. A small herat Is led and the queen fiines- sed. another small club returned and ruffed with the seven of spades.
 The four of herats is played and won with the ace. A club Is led, North discarding tho of hearts, which clearly tells you that South holds the jack of spades: other wise North would have ruffed with 1t.
 At this point you should ruff with your ten of spades, not the eight spot. South's queen of clubs dwrops establishing dummy's jack.
 The eight of spades Is played, South will naturally play low spade, the nine should be played from dummy and, when 1t holds the trick, the king of spades should be returned.
 South will win with his ace and all he can do is cash his king of haarfa and are If diamonds YOl make the balance of the tricks for four odd. doubled.
 Copyright 1885 NEA Service Incl
The Waterbury Democrat., 1935-06-19
CONTRACT BRIDGE
Always Plan on Partner But Even When He Bids Too Much Try to Work Out Play of Hand to Best
 Advantage
By VIM. E. MCKINNEY Secretary os the Amerlcan Bridge league

Too many players bid and play only their own 13 cards. Why these people will not learn that bridge is . partnership game, is hard to understand.
 Here is hand that I witnessed in 6 recent duplicate match and 1 was surprised at the amount of complaining that East did. He blamed his partner for bidding too much and then complained about the hard luck of his hand.
 Tho Bidding
 Vests double of one heart Is in- formatory, asking his partner to bid. When the bidding comes around to East, even though his hand Is practically worthless, he must bid.
 To double one major shows strength in the other major,. there- fore, many East players holding four spades, thinking they were keeping the bidding low and, in addition knowing that their part ner had some strength in spades.
 To bid one spade on this type of a hand is not looking ahead for enough. If you do bid spade, and your partner has a powerful hand, he may do exactly as West player did in this hand, jump the contract to four.
 The better bid on this type of q hand Is two diamonds. When the partner bids two spades, you will be able to pass.
 However, if you find yourself In e four spade contract, 1t Is up to you to try to make the most or the cards. The hand can be made as follows:
The Waterbury Democrat., 1935-06-19
Future Bride Is
 Rendered .ShotUer

Miss Dorothy Sternberg and Mrs Nancy Munzi were l1ostesses at Q miscellaneous shower given in honor of Miss Anna Celone at Brooklyn Y. M. c. A. recently. The bride-to-be was the recipient of many beautiful gifts from the guests who included Misses Anita DiNapoli, Minnie Rinaldi, Mary Borelli, Rose Gallo. Mary Calo. Elsie Janaro, Rose D'Angelo, Ethel Ottenger, Frances Bavenicius, Rose Breive, Helen Zukauskas, Mary Breive, Theresa Baritone, Rose Con- stantino, Carmella Valerie, Annette Fazio, Madeline Mastrinnia, Amelia Petto, Philomena Ariola, Mary Ne garo, Jane Negaro, Rose Constan- tino, Mary Valerie, Mary Abbon- dello, Jennie Cochiola, Frances Lag6, Mary Drago, Rose Stango. Lucille D'Aniello, Eleanore D'Aniel- To, Dorothy Sternberg, Rose Yost, Molly Largna, Mrs. John Bredice, Mrs. Louis Valerie, Mrs. Anthony Celone. Mrs. Lucy Orsini, Mrs. Fred Tulacro, Mrs. Susan Douekte, Mrs. Della Swagly, Mrs. Anna Phill- rfef, Mrs. Sarah Guisto. Mrs. Phil omena Tancerto, Mrs. Concetta Di- Amilo, Mrs. Carmeila Guerrera, Mrs. Fannie Baritone, Mrs. Jose phine Rinaldi. Mrs. Mary Reynolds, Mrs. Joseph Bredice, Mrs. Pasquale DAniello, Mrs. Flamina Tarullo, Mrs. Pasquale Romito, Mrs. Mich ael Rinaldi. Mrs. DiNapoh. Mrs. Josephine Munzi, Mrs. Pauline Guerra, Mrs. Philomena Gamelin, Mrs. Nancy Munzi.