davidaulloa/AmericanStories huggingface dataset:
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1935-04-19


small demand for funds.
The enormous supply is seen
in bank deposits and in excess
reserves. This is chiefly due to
Government financial policies.
The Government has devalued
the gold dollar and added silver
to the metallic base, thus max
ing more and cheaper dollars.
1t has also conducted huge bOr-
rOwingS which are financed by
the banks in a way which makes
the Governments debt (b0nds)
o basis for excess reserves.
The unsettlement of foreign
Currencies, partly caused by our
policies, has also caused trans
Ger Of gold to this country, thus
increasing further our supply of
funds.
On the other hand, the demand
Tor all these funds is slight, and
has not increased. Even specula-
ton is dormant. The main fac"
tor, however, is the absence of in
vestment as seen in the prostra-
ton of the capital goods indus
tries. Industries cannot see profits
ahead, so they do not expand
plants. The purchasing power of
money is so uncertain that inves-
tors will not tie funds up in long
term investments.
Almost the only demand for
bonds comes from those seeking
"liquidity" and tax exemption.
Both of these motives merely spell
uncertainty" and uncertainty is
the bane Of investment.
So, first, the Government re-
sorted to short-term debt, in order
to appeal to the demand for
"liquidity." Then, having forced
money rates down, it forces those
who hold it's long"term bonds to
take lower yields. Now corpora.
lions are actually resorting to
Short-term bank loans in place
of bonds, in order to reduce their
fixed charges.
Thus the meaning of all these
refundingS and conversions is
clear. There has been no break
in the capital market jam. There
is no increased investment in new
capital. The Government is merely
using the jam to force those
locked into its long-term issues to
take lower rates of interest. And
despite the risks of bank loans,
corporations are trying to save
something by reducing rates on
existing debt.
Thus the Government has made
a condition which reduces the
supply of good long-term bonds.
(Ccrporations can't expand, and
investors won't buyO The Gov
eminent then forced money rates
down by forcing financial insti-
tutions to take it's short-term debt.
It now proceeds to force high
prices and low yields for its long.
term debt.
It is highly significant that
ut a time when there was
never so much uncertainty, we
should be witnessing new low
record money rates. At a time
when the productivity of cap
ital is both low and doubtful,
we find high grade bonds,
which should represent invested
capital, selling at prices usually
found just before the peaks of
bull markets.
All this is abnormal and arti-
fetal. 1t means that capital
is not functiOning. People
can't save funds and invest
them in industry. So the Gov.
eminent exprOpriates their say.
ings by devaluing their dollars,
and by forcing down the rate
of return on their money.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1935-04-19
TAKOMA CITIZENS

DR.. Clifford E. Waller, Assistant
Surgeon General of the Public
Health Service, and DR.. George C.
Rutland, Health officer of Wash
ington, will be guest speakers at
the meeting of the Takoma Park
Citizens Association tonight.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1935-04-19

retired, because Of an article on
Russia, will probably be given a
vote of approval by the Board of
Education at an early date. This
was indicated yesterday when Mrs.
Henry Grattan Doyle, board mem
Der, said she had read the article
on Russia and found it "construc-
tive and interesting"
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1935-04-19
FLOWER TALK PLANNED

The Takoma Horticultural Clut
will hold its regular monthly meet
ing at 8 p. m. Monday in the Ia
koma branch of the public library
Fifth and Cedar SITS. N. w. A Sc
ries of talks on flowers will b
MANNED
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1935-04-19
BANK CONTROL
BEFORE HOUSE
FOR ACTION
BY Universal Service

Bowling to the Administrators
will, the House Banking Commit
tee yesterday reported out a bill
revamping the nations banking
structure, liberalizing credit and
centering it's control more securely
in Washington.
Chairman Steagall CD, of Ala
bama, announced he would intro
duce the bill today and ask rule
looking to its early consideration
by the House.
A minority report recommend
ing the controversial Section 2 be
stricken out is expected to be filed.
Chairman Glass of the Senate
Banking Committee, coauthor Of
the Federal Reserve System, had
joined the American Bankers AS
ISOLATION in denouncing the Sec
ton.
Virtually unchanged after weeks
of hearings, the reported bill COM
bines the offices of governor,
board chairman and Reserve agent
at each of the IL Federal Reserve
banks, in governor, whose cleo
ton by the bank directors is sub
ject to confirmation of the Re
serve Board every three years.
Control of the Reserve System
open market policies, discount
rates and reserve requirements is
vested in a five-man committee
chosen by the IL Reserve Bank
governors.
The policy committees pro-
posals are subject, however, to ap-
proval by the Reserve Board, which
may independently initiate poll
cies binding on all Reserve banks.
The non-controversial first Sec
ton makes permanent the Gov
eminent insurance of all bank de-
posts above $4,000, limitation
estimated to include 80 per cent of
all bank deposits.
A clause requiring banks outside
the Federal Reserve System to
join before 1887, as a condition to
membership in the Federal De-
post Insurance Corporation, was
stricken out.
The bill was drafted chiefly
under the direction of Governor
Mariner S. Eccles of the Federal
Reserve Board whose confirma.
ton in the Senate is being held
up by Senator Glass.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1935-04-19

the growth of
refunding oper-
atfonS for con-
verting high
yield bon d S
in to low-yield
obligations.
Each of these
has an impor-
tant meaning.
And the two
are closely in
terrelated.
Cd The low
money rates"
mean both a
large supply of
funds and q
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1935-04-19
My Weekly Reader
May Get Approval

my Weekly Reader" current
events magazine used in District
schools, against which protests
was lodged by Gen. Amos A. Fries,
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1935-04-19
DROP IN MONEY
RATES HELD
ABNORMAL
BY LEWIS HANEY
professor of Economics
New York University

Two outstanding phenomena
now are Cd the decline of money
rates" almost to zero, and 90
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1935-04-19
PERFECT BRIDGE HAND

SALEM, Ore, April 19.-Mrs.
Hal Cuffel knows what the per-
feet bridge hand looks like. She
was dealt 10 hearts.
Evening star., 1935-12-01

HOSE who've never had Surrender as well
as those who now proudly own bottle (s31,
$3.50 or si0.5O) will appreciate peliPat
of the extract at $3.50 This clever, conven-
lent new way to buy, use and carry fine per-
fumes (see below releases one single, precious
Evening star., 1935-12-01

drop at the tap of finger. Sealed
P'tiPais of Surrender or Reflections are fT1eS
$3.50; Of Gardsnia SaaOase. DOax 1asmm ~
or Cbeualisr de Ia Mutt. 81 so Refills cost still l.
less! See all the exquisite Giro odeurs, in lovely
bottles or peiipats at better perfume counters!
Evening star., 1935-12-01

grocers everywhere at prices so low you can
feed them to your baby every day. Insist on
Libby's only Libby's Baby Foods are
HomQgenized.. no others are SO easy to digest,
so nourishing.
CUNTS
untupes have been fed Lbby Homogenzed Foods reguax
Evening star., 1935-12-01

TEN IN HAND. Miss
Ruby Winning puts a
string of her Shetland
and A r a b ponies
through their PAGES at
her ranch at Northants.
England, where she
raises the smart little
performers.
G Wide World Photos.
Left: A STRANGE
FRIENDSHIP. Out in
Glacier National Park,
Mont, this orphaned
fawn wandered out of
the forest into a settlers
yard. His wolf dog be-
came the fawn's friend
and protector.
g Associated Press Photo.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-09-22

Henry Townsend Ashmore Of New
York City, was married yesterday to
Wolcott Griswold Whiting Andrews of
New York and Washington, at the
home of the brides aunt, Mrs. Henry
v. Poor.
The bride is a Observation-Disclosures
of Dwight Townsend Of Staten Island,
N. Y, who was descended from the
New England family Of Hodges and
of the Phelps family of New York.
Andrews is q great-grandson Of the
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-09-22
''Orphans of Storm Dog Hauen
Has Human Side, Says Founder

received last year came from indi-
viduals who wouldn't-or couldn't
keep them any longer. We get them
for all sorts of reasons.
Some are brought because they
chase bicycles, some because they
chase chickens or don't like the ice
man. One banks too much. another
not enough. We get dogs from fam
lilies who are moving into two rooms
from eight, or are going to California
and don't want to take their pets
along"
Outgoing" dogs usually are bound
for homes of children, Mrs. McLaugh-
lin said. Before q dog Is released a
careful investigation is made to insure
a happy future for him. Even then
Orphans of the Storm retain title
to the dog and may take it back If
1t isn't treated we'll.
1t was eight years ago that Mrs.
Mclaughlin first began, in a modest
way, to provide a haven for dogs.
Many soon Joined the cause, until
last year the kennels received ap-
proximately 5000 dogs.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-09-22
SPANS PRESIDENT
LOOKS TO LERR0UX
Veteran Political Leader to
Be Asked to Form An
other Cabinet.
BY the Associated Press.

BY the Associated Press.
MADRID. September 21.-Confer-
ences between President Alcala Zamora
and political leaders indicated tonight
he would call upon the veteran Ale
jandro Lerroux to form another gov
eminent along the lines of the one
which resigned Friday.
Alcala Zamora is anxious to have a
government In time for presentation
to the meeting of Parliament Tuesday.
If Lerroux Is called, as is expected, the
veteran premier will have busy time
attempting to shape cabinet which
will have some chance Of holding to-
gether through the difficult parlia-
mentary program.
Lerroux explained the resignation
Of the cabinet headed BY him yester-
day because Of the loss Of support OF
the Agrarian party, which was an
gered by the restoration Of public
works services to Catalonia.
This crisis came as q real surprise
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-09-22
ny the Associated Press.

DEERFIELD. H.. September al
There's q human side to Orphans Of
the Storm" refuge for almost every
thing that barks, operated near here
by Mrs. Irene Castle Mclaughlin and
socially prominent friends.
Some people think its silly to
worry about dogs with the depression
and all," Mrs. Mclaughlin said today,
pushing through pack of leaping
and affectionate mongrels. But we
really help some people as nAlch
as we do their dogs.
About ne-third Of the dogs we
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-09-22
Heavy Fine Assessed.

OVIEDO, Spain, September 81 (P.
If Javier Bueno, editor of the So
cialist newspaper Avance, pays the
fine assessed against him by court
martial today for participation in the
october revolt he'll pay plenty.
The court ordered Bueno to pay an
indemnity Of 100000 pesetas-in
other words, $8,620,000.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-09-22

to me and seems most inopportune in
view Of the international situation,
said Lerroux. For my part I am
willing to return to my law profession
il it seems necessary to get some one
else"
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-09-22
Hotel Guest Hurt by Fall.

Harry Vermilion, 80, Annapolis
Hotel, suffered severe head injuries
yesterday when he fell over a ban
mister on the third floor. He was
taken to Emergency Hospital I'M
conscious and later removed to Gal
inger.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-09-22
Many New Houses.

More than 1880 houses have been
built in the Irish Free State In three
years.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-09-22
w. G. w. ANDREWS WEEDS
MISS EULALIE ASHMORE
Nephew of Mrs. Robert H. Chap
man of Capital Was Mar
ried Yesterday.

By the Associated Press.
NEW YORK, September 21.-Miss
G. EGlalie Ashmore, daughter of Mrs.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-09-22

late Judge Sherlock j. Andrews Of the
Supreme Court of Ohio. He is de-
scended also from Matthew Griswold
and Oliver Wolcott, both early Gov
ernors Of Connecticut.
Mr.. Andrews, q graduate Of oxford
University in 1929, is a nephew OF
Mrs. Robert HOLSTER Chapman, 2o29
@ street. He is the son Of Mr.. and
Mrs. William Whiting Andrews, well
known in Washington.
The Daily Alaska empire., 1935-04-09
ALASKA TAKES 54 PASSENGERS
 LEAVES g HERE
Southbound Vessel Exper. fences Calm Journeys
 Across Alaska Gulf

In at 5:15 o'clock yesterday af- ternoon and out again at 9:15 O. clock last night, the Alaska left nine passengers here on her south bound voyage to Seattle from Sew ard.
 Purser Dave Doran reporte d highly favorable weather on both trips across the Gulf of Alaska.
 The inbound list includes:
 K. Louring, Dr. T. J. Pyle, Betty Kenella, Harry Berg. Robert Fur ner, c. Larson, A. Risness, D. Bach, J. Nichols.
 54 Leave
 Fifty-four persons were taken south from Juneau. A large num- Der of these are bound for South east Alaska wayports.
 The outbound list includes:
 For Seattle-Mr. and Mrs. Cliff Tisdale, Leonard Martin, A. w. Wilde, Mrs. c. F. German, c, F. German, R. A. Gridley, Gov. John w. Troy, Clayton Livesay, Mrs. c. Daigler, Marion Ulrich Donald Daigler, Mrs. Nela Ruse, Lenore Ruse, Roll Ruse, Ronald Dougal, T. B. Setzer, Mel Grigsby, Mrs. Mona Orme, Mrs. Mattly Baldwin, Mer- Till Messey, Thelma Ruse, Robert Hooper Mary F Murray, Mrs. c. J.. Bailey, Mildred Bailey, Jess Bailey.
 For Petersburg-Mrs. D. Calvin,
The Daily Alaska empire., 1935-04-09
BOATS LEAVING
 KETCH|KAN FOR
 HALIBUT BANKS
Price of Halibut Livers Re. ported Double that
 of Last Year

KETCHIkAN, Alaska, April g. Seven boats cleared for the halibut banks yesterday and about 20 oth- CTS are leaving tomorrow. There is some dissension over the cur tailment plan proposed by the Fish ing Vessel Owners and the majority of those leaving yesterday believe the plan is ineffective.
 Word has been received here that the halibut liver contract re- gently awarded to the Harry John son Company of Seattle, has been sold to Parke, Davis Company. The price this year is 40A cents a pound, double last years price.
The Daily Alaska empire., 1935-04-09
2 31;E1iI7I31l331l1l l1ll sll;S3sN2ly

Henry Roden, Anabel Simpson, Joe Sterling, Scott Ford, E. R. Brick son, E. J. White, Mrs. E. J. White F. s. Scobee.
 For Wrangell--Janus Nolan, H R. Coulter, A. B. Chapman, George M. Bidwell, c. G. Burdick.
 For Ketchikan-Judge George F Alexander, L. Hebert, James w Wickersham, A. VanMavern. s. B Morris, H. I. Lucas, N. A. McEach- ran, John H. Newman, Venetia E. Pugh, R. E. Coughlin, H. H. Cow ley, George w. Folta, G. A. Thatch- or
The Daily Alaska empire., 1935-04-09
Marine News
Stea1aer Movements NORTHBoUND

Northiand due late Friday
 night.
 Northwestern scheduled to ar rive Saturday.
 zapora scheduled to arrive next Monday.
 SCHEDULED SAILINGS
 Princess Norah scheduled to sail from Vancouver April g at pm.
 . Alaska scheduled to sail from Seattle April 13 at g am. Northsea scheduled to sail from Seattle April IS at g pm. . Victoria scheduled to sail from Seattle April 16 at g am.
 SOUTHPniIND SAILiNGS . Yukon scheduled southbound next Monday. . LOCAL SAILINGS . Kenai leaves every wednes- { . day night at 8 pm, for { Sitka and wayports. ( Dart leaves every Friday at { T am. for Petersburg, Rake ( and wayports. , - [
The Daily Alaska empire., 1935-04-09
MRS. DAIGLER LEAVES

Mrs. Cliff Daigler, accompanied by her son, Donald, and baby. left Juneau for Seattle on the Alaska They will join MT. Daigler, who, it was recently announced, is now manager of a theatre at Everett, Wash. Daigler formerly managed both the Capitol and Coliseum The atres here. Mrs. Daigler's sister, Marica Ulrich, also accompanied her.
The Daily Alaska empire., 1935-04-09
VICTORIA HERE FOR HALF-H0UR
 MONDAY NIGHT
Vessel Makes Brief Stop on Seattle Southbound
 Trip, Via Sitka

Back from her short run to Skagway, the Victoria arrived here at 10:30 o'clock last night, only to sail half-hour later for Seattle via Sitka The Victoria is complet- ing her first run on the Alaska Steamship Company's new bi-week- ly summer sailing schedule.
 Nine persons were brought to Juneau. The inbound list includes:
 From Skagway-G. c. Fireoved, J. C. Morris, J. Tropea, J Nadeau, Bruce Smith, Margaret Peterson.
 From Haines-Mr. and Mrs. John Mccormick, Lillian Brown, Mrs. Jesse A. Horn.
 The outbound dist includes:
 For Seattle--C H. Melton.
 For Sitka--William A Hesse, Bet ty Hense1le.
The Daily Alaska empire., 1935-04-09
ATTENTION MAsoNs k

District Deputy Grand Master C.. P. Kirkland will be a visitor at the regular meeting of Gastineaux Lodge No. l24 tonight. Work in first degree work will be under taken. Juneau brethren cordially invited. Special ferry leaves Juneau at 7:30 pm
 SAM DEVON, -adv. Secretary.
The Daily Alaska empire., 1935-04-09
NOTICE

When advertisers put In ads they sometimes don't wish to be bothered with phone calls and answering dOorbells, so we give them box number, such as Box 10-A, Empire.
 People wanting to answer these ads should send letters addressed to the box number listed. We will see the adver- tiser gets them.
 THE EMPIRE
The Daily Alaska empire., 1935-04-09
TIDES TOMORROW
Q . . . . . [

High tide, 5:24 am, 12.5 feet. Low tide, 12:31 pm, 2.8 feet. High tide, 7:21 pm, 10.7 feet.
The Daily Alaska empire., 1935-04-09
MISCELLANEOUS
NEW CHICHAGOFF GOLD MINING SYNDICATE

Meeting 7:30 pm, April 10, Amer ican Legion Dugout. Expect all unit holders to be there. BOARD OF DIRECTORS.
The Daily Alaska empire., 1935-04-09

FOR SALE - House suitable for family of 3 or 4. Modern and fully furnished. 50x100 lot, double garage. Real bargain. See Sper- ling.
The Daily Alaska empire., 1935-04-09
IFOR SNE!;;l

FOR SALE - House on Glacier Highway. See Bob Killewich.
The Daily Alaska empire., 1935-04-09

FOR RENT - Five room modern furnished house, two bedrooms Close in. Address E BIT, care of Empire.
The Daily Alaska empire., 1935-04-09

FOR efficient home help during maternity cases. Phone either Douglas 79 or Juneau 346. Rosalie Lundell.
 DIESEL OIL: we are making de- liveries of Diesel Fuel Oil in any quantity from the only strained, filtered and metered system in the city. Lowest prices and you pay for exactly what you get from the meter. CALL COLE TRANSFER. For general repar work, old or new, call Henry Gorham. Phone 194.
The Daily Alaska empire., 1935-04-09
FOR RENT

FOR RENT-Three- room apt. and
 bath. Phone 1905.
The Daily Alaska empire., 1935-04-09

FOR RENT-Large furnished steam heated room, with private fam fly. Call 73-2 rings.
The Daily Alaska empire., 1935-04-09

OR REM --T wo-roon apt. mousse keecing room, raLge. S20.00. Ev- erytaing furn.sheu. Phons 436 Channel Apts
The Daily Alaska empire., 1935-04-09

FOR RENTING room furnished
 apt. Telephone 2004.
The Daily Alaska empire., 1935-04-09

PIANOS rented-tunec. Phone 143.
 George Anderson.
Plentywood herald. [volume] (Plentywood, Mont.) 1908-current, 1935-07-11
Hea1Ah
.4xnutA

IL you do not believe that laughter
is hygiene the next time that you
are down in the depths get a book
with lots OF wit and humor In 1t.
and sit down and read 1t. II you
DON'T like to read, then seek the so
clety OF ZONE jolly person and listen
to his yarns. After you've had a
good laugh you find the atmosphere
has cleared. You can now tackle
problems and surmount them, where
as when you were submerged In
gloom you saw no way to solve them.
Not only does mental depression Inn
merse US in misery, 1t actually MAX
es us physically sick.
II the average man should go to a
physician for a physical examina-
ton and be told he had a fatal dis
ease and only a short while In which
to live, even II he were perfectly
sound he would begin worrying alb
out himself. and In a short time
would be both mentally and physic-
ally sick. At first the trouble might
only be functional, but II he kept up
worrying long enough it would be-
come organic, and he might even 20
on and die OF 1t.
One OF Theodore R~oosevelt's mot
toes was "have all the fun YOU hon
ostly and decently can; 1t is your
The Bible is the one book that
contains the wisdom of all the ages.
the old testament we read. "A
merry heart doeth good like a med
lcine.' A saving sense of humOr Is
gift to be priced. How many OF
the wrinkles Of life 1t would iron out,
II people in general had possessed IL
might not have had the world
war.
Some years ago a number OF big
business men met to discuss a cues
ion of great importance to them all.
4 dispute which ended In a
general fight. In the melee one Of
he scrappers who had beautiful
auburn hair, got in the way of
man who grabbed him by his
ocks. To the intense amusement OF
very n present the lovely hair
proved to be a wig, which came OF
n the hand OF his opponent. The
light broke up amidst hilarious
aughter, the crowd made friends
md settled their business amicably.
The following prayer was pub
ished in a religious journal in 1850:
Give me a n OF humor, Lord;
give me the grace to see a joke.
70 get some happiness out of life
and pass it or to other fOlks.'
Plentywood herald. [volume] (Plentywood, Mont.) 1908-current, 1935-07-11
DO o REMEMBER
ksuu Imns TAkm from y0as
h P1sntywood HsraA
20 A AGO

Banker Rooster and Attorney Cure OF Outlook
were business visitors in town yesterday.
Henry Goodman and Jimmy Marion are spending
the week at the Matkin ranch near RedstOne.
v. Pappenfus and family autoed over from Ray
mond and spent Tuesday with friends in this city.
Walter Solberg of Churchs Ferry, North Dakota is
here spending his vacation with his sister, Mrs. L. s.
Olson.
"A new class in China painting will commence next
Wednesday. Anyone wishing to take lessons see Mrs.
C. s. Nelson.
Miss Ella Warner, the stenographer at the Sheri-
dan county bank, who has been very Ill the past two
weeks is improved.
Martin Nelson and bride returned from their wed
ding trip Saturday evening, and have moved on to the
homestead south OF town.
Mr.. and Mrs. Ernest Helgcson of the State Bank
of Plentywood came back Wednesday after a short
vacation at points In Minnesota.
/. A. Johnson is doing some good work every day,
so as to be in first class shape for the big wrestling
match at the Orpheum Saturday, July II.
Everybody that could get over to Westby Monday
were there to take in the celebration. 1t was an
ideal day. Attorney T. w. Greer Of Plentywood was
the speaker OF the day.
Plentywood herald. [volume] (Plentywood, Mont.) 1908-current, 1935-07-11
Religion Sure To Live

"A very distinguished college president has re-
Gently assured his students that religion will live. It
is rather striking that he thought it necessary to make
such a statement
Religion will certainly live. What worries most
people is not the demise Of religion but the uprooting
Of certain particular religious tenets. Religion. In the
future, will surely be better than 1t is today in the
hearts of present day men and women.
When you see a man worried about what will hap
pen to religion you can rest assured that what wor-
ries him is what might happen to his own brand OF
religious thought. Just like the Eskimos worship their
special totem poles the average citizen today bows
down to his own special religious teachings. AS a
rule, he is interested not in religion but in his church,
its teachings, and its prejudices.
The world has a long way to move before the COM
plete religious revelation will be acceptable to all men.
When that wdll be is by no means certain, unless
there are In our midst, citizens who have a peculiar
insight into the Divine mind, and understand 1t better
than everybody else.