davidaulloa/AmericanStories huggingface dataset:
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1935-09-13
Long-term Home Mort
gage Loans up IL percent

Long-term home mortgage loans
tOtaling $8,69O,519 were made in
July by 658 Federal savings and
loan associations throughout the
country, an increase Of IL percent
over the volume Of lending during
the previoEs month. The activities
of some $50 other Federal associa-
lions, more recently chartered, are
not included in the report.
Of this amount, 1872 percent was
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1935-09-13

OhIeS you are going to keep
your vision glued to the one little
spot where you appear in the ma
tlonal economic picture, or bog
down to the eyebrows in a mire of
non-essential detail, the mystery
surrounding our so-called business
depression is no deeper than
steak platter and no thicker than a
chenille veil.
Business cannot be materially
increased or prosperity created,
under our present system, because
we live in a mass production age
mat has brought intense wealth
concentration. Wealth consists of
natural resources, such as coal, oil,
gas and power. farm lands, factor
les plants, transportation and
communication systems, buildings
and improvements and properties
Of every kind used in the produc-
ton and distribution of all the
goods, commodities and services
the people want or require.
Under a profit economy this
wealth is kept in active and pro-
ductlve operation only to the ex-
tent that it's ownership anc exact
profits. After pauperized masses
nave no money, or other wealth,
with which to continue to pur-
chase by paying cost, plus a profit,
to the handful of owners of ocn-
centrated wealth, the national pro-
ductive mahcine must slow down,
stagnate, finally stop.
Increasing wealth concentration
brings ever greater industrial
stagnatiOn. Finally some one of
the Morgan or Mellon or Rookie
Teller clan will whip the others
all out of the financial pasture
and own the good old U. S. A. with
all the tenements, hereidaments
and appurtenances thereunto be-
longing, or otherwise appertaining,
IN plain English, the whole works,
lock, stock and barrel. Then the
day of real calamity will have
dawned. All industry must stop alb
solutely dead, because there will
remain no one from whom the
owner can collect a profit.
Possibly this is still a little deep
for some O fyou. Let us see wheth-
er your think tanks really function
or merely furnish a storage place
for cobwebs. If a hen and a half
lays an egg and a half. in a day
and a half, how many eggs will
six hens lay in seven days?
Twenty-three seconds should be
sufficient time for the correct an
swer. Yet, a lot of you are going
to CUES "six" or "seven" or forty
two" or argue that cit can't be
DONE"
By way of inducements toward
further perusaul of this brainfog-
ging little brochure on basic econ
omy, the correct answer of the hen
fruit problem will be buried some
where further along. In the mean
time as sort of aid to your emn-
tai processes, in understanding our
basic economic problem( l will try
to present it in a series of thumb
nail sketches and make these so
simple you cannot miss the vital
points.
Exhibit number one is the case
of Mr.. Henry Ford, industrial
genius, who has spent thirty odd
years compromising road Lizards,
from a formula that may run
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1935-09-13

mortgages; 24.s ''l nss chg q
construction; 2S.8 n na., Il
purchases and IS Si n' d
conditioning N'Ssat
Both new and to,.
chartered associate y.''.e'l
istered a gain owe, vs,l n y
/ consummated in .rr 9,a'a'
! rs, listed ID. associations repo,.I 3
IIl2'26S in outstan5;a '''''t
loans as of JQiv Sung 81 Q
~ percent over fbo "a l',r
end Of the previous as not Sot5 !.
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1935-09-13

Some philosopher has suggested that there are two
stay.
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1935-09-13

The last Congress appropriated eight billion dollars
One hundred million OF us paupers and paupers
cheeTfuly say, II should worry
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-08-06
READ THE STORY, THEN COLOR THE PICTURE)

captain. He has slumbered long
enough"
She shook the old man and he
said, I'm sorry I'm a sleepy head"
And then he jumped up to his feet
and waved his hand in air.
This action puzzled every one.
They wondered why it had been
done. Then Quincy cried, "Oh, look
I see a plane away up there"
You're right" the captain an
swered. and the plane soon will be
near at hand. I've beckoned to the
pilot to drift right down by my ship.
Upon the plane you'll have more
fun. so you can board it. one by
one. When you are high up in the
air you'll have a better trip"
The pilot of the plane then
dropped a ladder made of rope. 1t
Topped around in front Of Scouty.
Grab a hold" the captain cried.
That's how to make the trans
fer, son. You all can do it. My,
what fun" Then ScOuty did as he
was told, the first time that he tried.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-08-06
AUG. 6. 1885

The captain Of the little ship was
tIckled at the chance to slip down
in his cabin for a snooze, while
Scouty took command.
He shouted, Now. be careful.
son. and don't do things to spoil
your fun. BE sure you steer the
boat straight 20 it won't run up on
land"
on, III be careful" Scouty said.
Don't worry Just 60 right ahead
and take a trip TO sunderland.
Wen wake you after while.
IF I get sleepy, I viii call on
Copy. He won't mind at all" You
bet I won't. I'd love TO steer" aid
Copy. with a smile.
soon Goldly shouted. Hear that
roar. The captain sure knows how
to suOrc. He almost shakes the boat.
1t makes the going rather rough.
Say. how long is this trip to
last2 Right now. we're getting no
place fast. I guess III wake the
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-08-06

system greatly exceeds that
United heavyweight of slowly
sides throughout the and when from above the
entacleS of
III all directions.
MENTION do boa constructors victims?
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-08-06

AS the two girls were pulled toward the fatal
column, Niarchus, the high priest was stirred 10
a frenzy of excitement He stood close to the edge
of the balcony crying fervent fanatic prayers to
the bloodthirsty god Baal Then, suddenly, he
screamed and collapsed.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-08-06
BY Williams
BY BlOSser
BY Crane
Martin

Now Lady Beth indicated by gestures that they
must fee, but Arebla shook her head. Then the
English girl realized why-there was no exit from
this mountain-circled crater Of the Baalites So.
she thought this was only a temporary respite
from pagan craelties
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-08-06
BY Ahern

Arbela turned and saw Niarchus topple from
the balcony to the court below 1t was the ancient
curse of epilepsy which had come down through
the ages from that first Niarchus who had founded
this strange tribe. But now Arbela was quick to
seize the opportunity.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-08-06

Behold" she cried. 1T is sign that Baal is
displeased with this sacrifice. You, Elder zidon,
release us now and win merit in the eyes Of Baal"
Suddenly the tug of the rope slackened and the
Elder zidon came forward bewilderedly and re-
leased the two girls
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-02-11
Your Income Tax
Deductions for Professional Expenses.

A professional man may deduct all
necessary expenses incurred IN the
pursuit of his profession. These In
clude the cost of supplies used In his
practice, office rent. cost OF light,
water. fuel and telephone in his oftice,
the hire of Office assistants, and ex-
penses paid in the operation and re-
pair of an automobile. based upon the
proportion of time it Is used in max
ing professional calls or for other pro-
fessional purposes.
MANY physicians use their resi-
dences both as their odices ana tneir
homes. In such instances the physi-
clan may deduct as business expense
the rental value of the rooms occu-
pied for Office purposes If he actually
paws rent, and also the cost OF light
and heat furnished these rooms.
Also. he may deduct portion OF the
wages paid domestic servants whose
time Is partly occupied in caring Tor
these rooms. Membership dues IN
professional societies are deductlble.
Physicians and dentists who keep IN
their waiting rooms current maya
zines and newspapers for the benefit
of their patients may deduct this item
as a business expense. The cost OF
professional journals for the tax
payers own Use Is also . deductible
item.
The cost of technical books Is not
deductible item. being q capital ex-
penditure, but q proportionate amount
for each years depreciation OF the
books may be deducted. Depreciation
may also be taken on office furniture
and equipment. Insurance premiums
on office or other professional equip
ment and liability insurance may be
deducted. Automobile liability tnsur-
ance may be deducted only when the
automobile is used wholly in pursuit
Of the taxpayers profession and the
cost Of the entire upkeep may legiti-
mately be claimed as q professional
expense.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-02-11
MISSING M'E[ROY
GIRL FOUND SAFE
Daughter .of City Manager
of Kansas City Is Taken
From Chicago Bus.
MISS MARY McELROY,
By the Associated Press.

NORMAL, Ill. February l1-Mary
McElroy. daughter of City Manager
H. F. McElroy Of Kansas City, was
taken from q Chicago bus here at II
o'clock this morning for questioning
by police after she was reported miss
ing from Kansas City.
Miss McElroy was travelling alone
The 26-year-old brunette, victim of a
sensational kidnapping in May Of 1888,
readily admitted her identity.
Nervous Over Penalties.
It was nervousness over the penal
ties meted out TO three OF the men
convicted of her abduction which
caused her to leave her fathers home
in Kansas City last night, she said.
One of the three, Walter L. MCGEE,
is under sentence of death for the
kidnapping. A second, George L. Nc
Gee, drew a life sentence
Appearing tired and worn, the young
woman told police who stopped the
bus that she had not eaten since she
left her home late last night.
Her disappearance-she left home
after telling her father she was going
downstairs to play the radio-at first
caused fear she had been kidnapped
again.
Bought Ticket to Chicago.
My father and I were sitting in a
room on the second floor of our home
last night, she told police. L was ner-
vous and restless. I said good night to
father and went downstairs to play
the radio
Then I took a taxicab to the Pick
wick bus station and bought a ticket
for Chicago. The bus left about II
pm. After it got under way I dis
covered had only 20 cents remaining
in my purse.
Il telegraphed my father when l
arrived at Springfield, H., that I was
going on to Chicago"
The Kansas City girl, who was re-
leased after spending 30 hours in the
hands Of kidnaperss two years years
ago, was wearing q fur coat over a
black dress.
Normal police notified Kansas City
authorities they would hold Miss Nc
Elroy until the arrival of her father.
McElroy, who is city manager of
Kansas City, left there at IL am. by
airplane for Chicago.
Il was worrying so much about
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-02-11
HOLIDAY DECISION
ON GOLD RUM0RED
Supreme Court Ruling Held
Possible Tomorrow, Lin
coins Birthday.
BY the Associated Press.


The possible consequences OF a de-
cision in the $4,000, O0O. 900 gold
clause cases tomorrow-Lincoln's
birthday-were debated in official
circles today as other matters tenn
porarily engaged the Supreme Court.
Worn threads OF speculation,
snapped Saturday by the courts an
nouncement that 1t will announce no
opinions today. were spun together
again quickly by an absorbed Capital
The possibility of a gold ruling to-
morrow was suggested by the fact
that all markets in this country will
be closed. This would give the Gov
eminent "a hours to take steps TO
meet any situation
Advantage for Foreigners
Some officials. who declined to be
quoted by name. expressed concern,
however, over advantages which such
timing Of the decision might give for
elgn spectators. They pointed out
foreign markets will operate as usual
tomorrow. and some of the exchanges
overseas will open the next day five
hours ahead of those in the United
States.
Many observers regarded next Mon
day, February 10, as the likely date
for a verdict. That will be regular
opinion day, at the end of which the
justices plan to recess until March 4.
Dry Fare for To-day.
Aides of the court prepared to acS
commodate an unusual number Of viSi-
tors at today's sitting, although there
was no prospect of hearing the gold
question decided. Tourists and others
who pressed into the historic little
chamber had a promise Of compare
lively dry fare-orders concerning re-
quests for reviews and routine argu-
ments by attorneys.
Pondering whether or not Congress
had the right to invalidate promises to
pay In gold or its equivalent, contained
in an estimated $100, 900, 900, 900 Of
public and private contracts. the court
has shown no indications of haste in
delivering the momentous decision. If
the decision went against the Govern
ment, the contracts would call for
payment Of $3.50 ,000, 100000 in the
present devalued currency.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-02-11
CHARLES BOYNTON
dies IN NEW YORK
Former Associated Press
Executive Once Was Eve.
ming Star Writer.
BY the Associated Press.


NEW YORK, February l1.-Charles
Hudson Boynton, a former general
superintendent Of the Associated Press,
died today at his residence in the St
Hubert Hotel He was IS years old
Death was due to heart ailment.
which had left Mr. Boynton in poor
health since 1890.
Subsequent to his work in the news
paper field Mr.. Boynton was prominent
in Wall Street prior TO his retirement
from business several years ago as
head of the Stock Exchange firm which
bore his name.
He was born in Cincinnati and grad
uated from Lehigh University in 1889.
That year he entered the Washington
bureau of the Cincinnati Commercial
Gazette. Later he served with the
Washington Post and The Evening
Star. In 1899 he was made Paris
correspondent Of the Associated Press.
Joined Meyer Firm.
Recalled to this country, he became
general superintendent in 1904, hold
ing the position until 1907, when he
resigned to become associated with
the Stock Exchange firm of Eugene
Meyer e. Co.
In 1910 he formed the firm of c. H.
Boynton g. Co, which he headed until
1921.
His first wife, Florence Gaines. whom
he married in 1897. died in 1900. In
1901 he married Marie Dmitrenko,
whom he met in Paris He was always
interested in Russian commercial
affairs and for a number of years
was president of the Russian American
Chamber of Commerce. In 1917 he
made trip to Russia with the inten-
ton of expanding his mining interests
there. plan which was frustrated by
the Soviet revolution.
Retired in 1880.
He was an ex-president of the As
ISOLATION of Stock Exchange Firms.
From 1921 to his retirement in 1880
he was assistant to the president of,
the Atlas Portland Cement Co.
Surviving him, beside his wife. are
two sons, Henry Gaines and Carl B.
Boynton, of New York City. and
sister, Miss Meta Boynton, of Wash
ington, D. C..
Funeral services will be held Wednes-
day in New York City. Burial will
be in Washington.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-02-11

The difference is that 1ckeS thinks
mostly of building useful projects.
Hopkins thinks mostly of the jobless.
Ickes is a centralizer, Hopkins a de-
centralizer
No wonder both said they did not
know what was going to be done in
their testimony before congressional
committees.
Third Proposal Made.
Just to make it more difficult, a
third different recommendation is
supposed to have been made by Treas
ury Secretary Morgenthau He does
not like the spending ideas Of either
Mr. Ickes OF Mr. Hopkins. He would
create larger building unit in his
Treasury Department under Admiral
Peoples. Only Federal projects would
pe built, post Offices, public buildings.
dams and the like.
Secretary Perkins inclines towdrd
the Hopkins scheme. except that
part OF it Uhere Hopkins wants to
take ouer her social security pro-
gram.
All Mr.. Roosevelt has to do is to
decide who Is right. He will do it in
the usual way, by throwing all these
eggs into his cookery, stirring them
into an omelet and then slicing 1t up.
giving Ickes, Hopkins and perhaps
even Morgenthau a piece.
Worm Turns in S. E. c.
A significant turn of the economic
worm has been noted inside the Sc
curities Exchange Commission. Within
the last few weeks there has been a
marked increase in applications for
new financing from substantial busi-
ness interests.
Every one knous that Uhen real
recovery begins it irill first shoW it.
self in this feld-a general desire
OF business to get neD money and
expand. UP to now the financing
applications haze come mainly
from speculative mining companies.
distillers, real estate enterprises
and reorganization committees.
These are special interests Which
do not reflect any general signs OF
life.
Now applications are coming from
power companies, steel. raw material
industries and foreign sources. So
far they have not come in sufficient
numbers to cause any general excite
ment. but within the next few weeks
you are likely to see figures out which
will be highly encouraging.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-02-11
BONUSBLOCPLANS
HOUSE TEST VOTE
Roosevelt Leaders Ready to
Permit BaIIoting on
Issue.
BY the Associated Press.

BY the Associated Press.
Bonus payment advocates, disput-
ing among themselves. pressed today
toward an early test of their strength
in the House.
The Roosevelt leaders there said
they were going to premit vote en-
the s2,lO0,0O0,OO0 issue despite the
Presidents opposition to the plan for
full and immediate payment. Some
of them expressed belief such a step
was necessary to prevent a revolt on
major administration legislation.
Patman Raps Belgrano.
Meanwhile, the bonus forces were
torn by an increasingly bitter con-
troversy over possible methods OF pay
ment.
Representative Patman, Democrat.
of Texas, author of a bill to pay the
bonus certificates with new currency,
issued a statement yesterday assert
ing that Comdr. Frank N. Belgrano
of the American Legion wanted to
finance payment with bond issue
because his bank received $1,350.o0
in interest annually on $45 ,000, 600 OF
Government bonds.
Belgrano IS vice president OF the
Bank of America at San Francisco,
Patman said.
League Applauds President.
Patman's attack shared attention
with a statement from the American
Liberty League spplauding the Presi-
dents stand.
The league said the Legion-backed
Vinson bill to finance the bonus
through the sale of bonds was the
lesser evil" but asked Congress to de-
feat both it and the Patman measure.
THE Presidents opposition to i'm
mediate payment of the entire face
value of the bonus certificates Is
backed on sound principles and de-
serves to be upheld" the organization
added. Its statement also said !mme-
date payment would encourage
drive for pensions Involving huge ad-
ditional costs for an indefinite period
of years"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-02-11
What's What
Behind News
In Capital
Spending of 4 Billions
Puzzles President
Himself.
BY PAUL MALLON.

"dE senate WOulQ De less anNOu.
to find out how Presiden
Roosevelt proposes to spend hi
i $4,000, 100000 If It knew wha
a time he has been having try
ing to find out himself.
The Uorld is not supposed to
knotU it but the original report
presented to the President by Mr..
Ickes called for mere trife OF
nine billion count them dollars.
His last unpublished report, tDhich
reached Mr.. Rooseuelt's desk 10
days ago. called for four billions.
three for projects on Which the
P. W. A. already has received ap-
plication and one billion to be spent
under the National Resources
Board report. Mr.. Ickes' projects
are those he considers socially
useful. He mould conduct them
through a centralized Washington
bureau to prevent graft.
Mr. Hopkins has a different idea
He first suggested seven billions ant
now has cut it to four billions but HI
wants to spend it where the unem'
ployed are. He wants the right to blu.
materials and lands. to build schools
Gig bitches. He does not care so much
about socially useful projects. HI
wants to give money to States anC
cities and furnish employment. Also
he wants to run the social securit!
program hand-in-hand with the othel
under decentralized bureau II
Washington
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-02-11
LOW TARIFF FOES
ASSA|LED BY HULL,
Misleading Data Used
Against New Trade
PactS, He Says.

| BY the Associated Press
Tie duty of manganese became q
| fighting issue today as Secretary Hull
went on record with sharply worded
| attack on what he termed high tariff
propaganda.
The Secretary of State accused adj
vocates of high protective duties of
employing gross exaggerated and
misleading propaganda" in an effort
to wreck The administration attempts
to expand trade through reciprocal
tariff agreements.
He coupled with this a defense of
the new trade pact with Brazil in
which the tariff on manganese was
reduced by half Some domestic pro-
ducers have protested that the reduce
ton will be disastrous for their in
dustry.
He charged tariff lobbyists with
having combined il a propaganda
seeking to kill all efforts to restore
normal world trade-a trade upon
which the employment of millions in
this country and tens of millions in
the world is dependent"
Statistics on Labor.
This propaganda would make II
seem that the proposed reduction of
duty on manganese ore from ITO per
cent for 1888 TO SIS per cent will throw
many thousands Of American wage
earners out of employment and wreck
a great Nationwide industry he said.
Asserting that even Mckinley or
Dingley, if alive in 1892, would not
have fixed the rate as high as SIS per
cent in the first place" he cited sta
tistics to show that only few hun
dred workmen are employed in the
American manganese industry and
that it produces less than 10 per cent
of the ore consumed in the United
States.
He added that when the United
States raised tariffs to "Skyscraping
levels" other countries promptly
raised their barriers against American
agricultural and industrial products
in which extremely burdensome sur
pluses" existed.
Disastrous Effects"
THE most uniformed person now
knows the disastrous effects which
have resulted" he said. The main
purpose of proposing a reduction of
the rate on manganese ore as in the
case Of any similar rate reduction, is
/ to induce other countries in turn to
lower their rates or other distractions
against the importation ana sale of
those commodities which We export.
There is no other possible way for the
accomplishment Of this practical and
mutually profitable result.
The American public therefore
has the choice either to continue to
close its eyes and rush headlong fur
ther in the direction Of shutting out
every possible opportunity to sell our
goods and to restore prosperity. or 1t
can instead, pursue a broad and prac-
tical program for the normal restora-
ton of mutually profitable trade be-
tween nations"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-02-11
U. S. COURT UPHOLDS
FARM MORTGAGE ACT
Frazier-Lemke Moratorium Law
Held Constitutional in Land
Bank Case.
b. the Associated Press.

b. the Associated Press.
CINCINNATI, February 1.-THE
United States Circuit Court Of Appeals
here today upheld the constitution
atty Of the Frazer-Lemke farm mort
gage moratorium legislation.
The court acted in an appeal of
the Joint Stock Land Bank Of Louis
Vile. KY. from a decision of District
Judge Charles I. Dawson in Louisville,
granting relief under the measure to
William w. Radford, ST.. of Howell,
KY, a farmer who had been adjudged
a bankrupt.
The decision today followed argu-
ments before the court In which Rep
resentative William Lemke of North
Dakota, a coauthor of the legislat ton,
personally appeared in its defense.