davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1935-09-03
Metal Markets

NEW YORK. Sept. 8 G.N.s).-Copper
buying abroad today is in fair volume
with price equivalent to 8.20@S.25 cents
pound, C. i. +. European base ports.
This compares with Saturdays range OF
S.225 to S.25.
Domestic copper buying today is in
moderate volume with prices holding
firm at the S15 cent level. Although
Friday and Saturday sales have not as
yet been reported. it is expected that
the August total will reach 135. 900 tons,
which would be a record for any month
since the war.
Lead buying in the domestic markets
is in fair volume with prices unchanged
at 44O cents a pound. New York. and
425 East st. Louis. The market is firm
and in view of the sustained demand
Of the past week. dealers look for con-
tinued good buying
The Washington times., 1935-09-03
10000 Hold Steady
Buick Jobs All Year

FLINT, Mich, Sept. 3.-More
than 10000 men will have had
steady jobs with the Buick Motor
Company throughout 1885 at
wage rates which are the highest
in the company's history and
believed to parallel the highest in
the automobile industry, it was
announced here yesterday by Har-
low H. Curtice. president and
general manager.
Disclosing a condition Of
sustained employment, Mr.. Cur
tice announced that Buick en-
ployment, now at a new high for
the year, will be increased during
the remaining months of 1885.
Several of the company's manu-
featuring divisions are on two
and three shifts daily while other
shifts are being added.
The Washington times., 1935-09-03
so Listed n. Y. Stocks
Decline During Week

NEW YORK, Sept. 3.-The mar
ket value of so representative
stocks listed on the New York
Stock Exchange at the close of
business for the week ended All
gust 81 was $14,689, ,658,250, a de-
crease of $70,OO6,125, or 0.47 per
cent, as compared with $14,759,-
664.375 at the close of the pre-
ceding week, according to Paul H.
Davis & Co.
The Washington times., 1935-09-03

Bethlehem lost a point each. Du-
Pont fell over a point, and Union
Pacific lost as much.
The chief restraining influence
and the one which kept activity
low was the desire to see how the
fall business trend shaped up. In
addition, there was the League
of Nations session tomorrow at
which the Italo-E o-Ethiopian situa-
ton was likely to reserve Itself
into either war or peace.
Utilities started the slide when
Consolidated Gas sold down over
a point. Profit taking quickly
came into the other power shares.
Case Threshing and Interna-
tional Harvester lost over a point
each.
New York Central was heavy in
the rails throughout. Pennsyl-
vania and Great Northern showed
good support
The Washington times., 1935-09-03
Name ana
Dividend Rate


stock and Gd) Extra stock
Ationa (g per cent stock. Cm) Special (n) Paid
1854 Crl Paid this year twwl With warrantA sxw) witA
out warrants ~ Ex dividend. a. Ex rEhA
Dividend dollars parenthesss. CNots) Extra
aivdsndS published through reguar dividend period.
Years high and low carried cloeA
The Washington times., 1935-09-03
Insurance Issues Dip
Slightly During Week

Insurance stocks in the New
York city market showed little
change during the past week, &C.
cording to figures compiled by
Holt. Rose & TroSter.
The aggregate value of 20 lead
ing fire and casualty insurance is
sues closed the week at $500, ,104,-
600, compared with $632, ,776,000 at
the close of the previous week, a
decrease Of $2,672,000.
The Washington times., 1935-09-03

Montreal funds In New York. IS dis
count
The Washington times., 1935-09-03

holiday mark
up.
Losses run
ming to 2 points
developed in
the second hour
when S o m e
moderate sized
selling orders
found the mar
ket thin.
Westinghouse
fell 2 points.
Chrysler lost a
point and Gen
eral Motors was
under pressure.
TT g Ctoo1 onH
The Washington times., 1935-09-03
Money Markets

NEW YORK. Sept 3 G.N.s.).-Can
money was renewed at Il per cent on
the big board today and was renewed
at the same rate outside, and was at
y per cent the curb
Time rates were unchanged to 4 per
cent for maturties up to 80 days, and
was at q per cent for 80 months.
Commercial paper was fairly active
with the rates unchanged at y to l
per cent.
nal and unchanged at Il to 3-16 per
cent for 80, 60 and 30 days, 3-l6 to y
per cent for 12O days and SIS to u
nar cont for $50 and $50 days.
The Washington times., 1935-09-03
STOCK MARKET
LOSSES RUN TO
TWO POINTS
By LESLIE GOULD

NEW YORK, Sept. 3 0.N.S).
The stock market turned reac-
tionary today after the pre-
The Washington times., 1935-09-03
WHEAT HIGHER
IN CHICAGO PIT

8 CHICAGO, Sept. 3 G.N.SO.
Strength in foreign markets i'm
parted a firm tone to wheat here
in today's early dealings. Prices
moved up nearly a cent bushel
before realizing sales wiped out
part Of the advance.
December wheat advanced &c to
905sc and then reacted to around
the 90-cent level where resting or
ders checked the setback. Corn
was sluggish and ruled lower after
a firm start with the December
contract moving down to 565sc
for a loss of nearly cent.
Near mid7session wheat was un-
changed to 12c up, corn p to 1c
off, oats unchanged to 3sc off,
and rye 1s to Ac up.
Deliveries here on September
contracts were about in line with
expectations. aggregating 648,000
bushels of wheat. There were no
tenders on corn, rejecting the
high premiums in the cash market.
The Washington times., 1935-09-03
Washington Stocks

SALES
Potomac Electric, 51as pfd, 100
1l3
Riggs Bank COM, 1@216.
AFTER CALL
Capital Traction SIS. $500698:
$500@98; $l,00O@98A; $1,000
9812.
Washington Railway and Elec.
trio Is. $4,000 1854.
Potomac Electric 6 per cent prf.,
5@10912.
Capital Transit Company, 31@
II.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-05-11

Mot the least instructive event of the year
1885 is the great jubilee celebration which
the British people are holding on the twenty
fifth anniversary Of King Georges accession
to the throne.
The affair is notable for its contrasts.
When George V came to the throne he was
Just one among many great monarchs. There
we're Nicholas II in Russia, Wilhelm II in Ger
many and Francis Joseph in Austria Hungary,
for instance, all of them reigning over great
empires and all of them, to ali outward indi-
cations. occupying thrones that were quite as
secure as his.
But today, as enormous crowds throng Lon
dOns streets to cheer the British king, where
are these others? Francis Joseph is dead. his
empire is in fragments, and his dynasty is
broken.
Wilhelm is in Holland, choppng wood, while
a man who would not have been allowed in
the palace at Hohenzollern reception rules
Germany with tighter rein than Wilhelm
ever dreamed Of using.
And Nicholas lies underground somewhere
in a Russian forest, one of the first victims of
the catastrophe that swept his country.
The contrast between what happened to
these three monarchs and what happened to
George of England is amazing and it is not
the result of mere chance. It is not even the
result of the difference between winning and
losing a great war
The fundamental reason why 2,OOO,OO0 peo-
pie stayed up all night in London to hail the
opening of their kings jubilee, while the other
three realms are broken and kingless can be
found in the different ways in which the ruling
classes Of these countries met change.
In Russia, in German and in Austria
Hungary there was only blind infexibi'ity
The hammering of war ana social discomfort
could not bend tn rulers of those lands; So
finally it broke them completely. The ruling
classes there could learn nothing, not even in
the face OF catastrophe, and so they were swept
away
In England. on the other hand, there was
fexibllity. The war and its aftermath brought
far-reaching changes; instead of resisting
them blindly. the nations rulers-from the
king on down to the industrial magnates and
the politicianS--had the sense to meet them
hallway, adapt themselves to them, and help
the nation follow a new course.
As result George v still has his throne
and his twenty-ffth anniversary finds a ire
mendous outpouring of national enthusiasm
for his person and for the things which he
represents
AT time when change is upon the whole
world, this study in contrasts is a useful and
instructive thing
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-05-11
A FAIR TEST DEMANDED

CENATOR NORRIS still leads the fight he
- started shortly after the war when private
interests tried to take over Muscle Shoals. He
saved that wartime plant for the people. and
after long years persuaded Congress to create
the Tennessee Valley Authority to conduct
government experiment in the manufacture
and distribution of cheap electrical power Now
he fights to insure fair test for that expert
ment.
For special and selfish reasons certain pri-
vate interests which failed to gain physical
possession Of the Tennessee River hydro-elec-
trio system, want this government experiment
to fail. And it will fail unless steps are taken
to overcome the Alabama Federal Courts rul-
ing which tied the hands of the IVA
The Norris McSwam amendments to the
IVA Act. for which the Nebraska Senator is
now pleading would make possible unfettered
operation of the IVA experiment. They should
be passed.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-05-11

OF trial could be held In many other Cities
because It helps to open our eyes to the
responsibility which We owe to the young
people who VIII be the adults Of tomorrow.
It isn't 50 very much that these Jersey
youngsters are asking, when you stop to think
about it. Just a chance 70 earn a living,
chance 70 found a home without too many Of
those delays and trials that take the heart
out Of person. a chance to grow up to decent
manhood and womanhood. and a fairly even
break in the age-old struggle for ordinary
happiness.
That isn't much-it's about the minimum
that could be asked.
And yet youth seems to feel-f this case
can be taken as fair sample-that society is
falling to provide even that minimum. And
if that is true. then We are failing youth about
as miserably as any society could fail.
We are rather fond Of taking about the
follies and the wildness of our younger gen.
Grafton. Grown people have been doing that
since the days of job and they'll probably keep
II up 70 endless time.
But We need TO realize that youth is very
often more sinned against than SHINING.
The indictment returned by these young
people in New Jersey is a measure Of the i'm
projections Of modern society Modern society
is what We. the older generation, have made it.
Until We can meet this criticism, and make
our society the kind Of place il which youth
gets the break it is looking for, we have small
reason to talk about youths own shortcomings.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-05-11
NOT so DUMB

EIIPPANT and serious proposals to subject
Americas legislators to intelligence tests
are made without benefit OF research. says
Henry w. Toll. former Colorado state Senator
and now director Of the American Legislators
Association
After plumbing the brain pans of the legis-
lators OF Is states Mr.. Toll answers the cur
rent SANDER with a counter charge that the
legislators are not nearly 50 dumb as the folks
who employ them. He finds that, while only
FIVE out Of every 100 run-of-the-min Amer
leans graduate from college. "a out Of every
1OC legislators get their degrees. If college
training has a relation to I Q. tests. the aver
age legislator would seem to have 1t on the
average American by about 10 1.
Mr.. Toll finds that Of all the 1900 law
makers OF the states "A per cent are farmers
and the same number are lawyers. The o.aer
professions account for per cent the rest
arc business men, retired and miscellaneous.
None. It seems belongs to the 43 per cent Of
our population that can neither read nor write.
Another proof Of the superior intelligence
OF the lawmakers IS that they have persuaded
the general public TO support them-or is it?
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-05-11
KILLING THE PATIENT

UNLESS the President moves in rapidly to
- save MIRA. 1t is as good as dead now. The
Senate Democratic conference yesterday de-
cided 10 accept the Clark resolution, which
would emascuate NRA and extend it in that
moribund state until next April. From the
beginning that has been the strategy Of the
enemies of MIRA. They know they can not
XIII 1t outright. so they hope to dismember 1t
and let it ole in that way
Fortunately, however. the President is a
friend Of NRA. He understands the full sig
nidcance of the Senate vancouver and has dis
sociated himself from it.
Whether he Will be able to force his own
party leaders back into line with Administra-
ton policy is a question. But certainly Leader
Robinson VINO tired to give the impression
yesterday that the Clark resolution was &C
ceptable TO the President should have lot
OF explaining to do at the White House. These
conservative leaders also may have to explain
why the party conference was held while sew
eraI liberal Democrats. including Wagner OF
New York the author of NRA, were absent
from Washington attending Senator Bronson
Cuttings funeral.
NRA compliance and enforcement now are
VIGOROUSLY bad Company chiselng and court
decisions have left NRA in mid-air NFA can
not really begin TO function again until It's
old provisions are clarified and new provisions
added to strengthen It. That IS why its enc
mics are so anxious to pass the Clark nine
lonth extension resolution. That is why the
President is so anxious to pass the Admins
trauon's stronger two-year measure. The
Clark resolution is particularly bad because Of
its ambiguous exemption of all interstate bust
ness from codes. and its deliberate failure TO
strengthen the unenforceable Section IA.
If the Senate ceases flibustering and con-
ccutrateS on must" legislation, 1t viii have
plenty Of time to pass a real NRA law.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-05-11
SATURDAY NAY Il 1895.


GONE guidcpo7ts Of history may give opIohal
- directions. But that Of printing-press in
nation points only one way. That way is rain
II is the same wherever YOU read IT, whether
It be the story Of the franc. the mark. the
continental the sronen. or the mulberry tree
money OF Kukia Khan
We nope that every one who reads THIS VIII
also read on This same page and under the
same title As this editorial the account Of what
happened 10 France. as written many years
ago bv Andrew Dickson White, noted historian
once ambassador 70 Germany. and president
Of Cornell UNIVERSITY
The very fact that his description oil the
currency dobauch. which led into the reign OF
terror and worse. vas not prepared In present
times TO meet a present issue makes u all the
more effective. You Will recognize in 1t all the
prcscnt-day Probabilities Of those who today
saw that our situation is different
You VIII spy the tracks Of the Coughlns
ana the Brisbanes. the Patmans, the Thomases'
and the rest Of that long line Of wish-thmkers'
who in their well meaning optimism led ma
ton over the cliff a century and a half ago.
Through the courtesy Of D. Appleton-Cen-
turv Publishers this Is being published IN
Scrpps-Howard newspapers in the hope that
II NAV Increase public resistance to what We
believe 10 be the most dangerous development
OF The whole depression
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-05-11

THEY put society on trial in the high school
Il building at Orange. y. j.. the other day.
accusing 1t Of falling 70 give youth a square
deal. and after a great deal Of talk they found
II guilty as charged.
They" were some $500 adults drawn to the
building by agencies Of the Welfare Federation
and civic societies. and this odd trial took
place because a number OF groups Of young
people had recently drawn up series Of
charges against society.
Society. said the youngsters, fails youth
because it makes It hard for youth 10 get
Jobs. makes proper marriage difficult, fails TO
provide institutions for the furthering Of
friendship. offers many moral pitfalls in the
shape Of erotic literature. gambling joints, and
ein-mills and fails t. teach youth how TO use
its leisure time TO best advantage
This was the indictment that drew the
grown folks OF Orange into their high school
auditorium for general discussion; and 1t
would be highly useful thing If the same sort
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-05-11
CHAIN LETTERS ATTACKED
BY TINES READER

BY ]. T. P.
From the West has come a storm,
in some respects it is worse than the
recent disastrous dust storms; it is
a human brain storm. Our postal
system is being clogged with rub
Dish coming from a new type of
racket, chain letters.
These letters start with a sweet
sounding thought, This letter was
started in the hopes Of bringing you
prosperity" Will it do this? Let us
iron out this query with some hard
facts. Suppose everybody in the
United States had one thin dime. As
set forth by the chain letters. he
could invest it wisely in a chain
letter and receive roughly $4,000 in
return. Taking the population Of the
United States as approximately one
hundred million we would invest 10
million dollars and receive $50 bill
lion dollars in return. The return
would make President RooSevelt's
emergency app opriations look like
pin money.
A fine way to bring back pros
perity But $50 billion received as
charitable CD donations minus the
10 million sent out by the donators
leaves the difference of s149, $780,
100000 still unaccounted for.
Surely Nnere must be catch
somewhere. Fourth grade arithme-
tic and common horse sense lay this
bare. The only ones who stand a
chance Of making any money are
the first 1000 on the chain, taking
for granted that the rest Of the
population are a group Of mental
misflts willing TO send out their
dimes.
Another point which might be in
teresting to the victim of this chain
racket is the number received when
five is raised to the twelfth power.
This is the same as II cycles of a
chain letter. 1t yieds the tremen-
dous sum of $50 million. twice the
population of the United States. II
YOU really wish to make some
money, start a chain with Is names
on the top and if everybody pays up
you can live on cake and caviar for
the rest Of your days; you could buy
out the 10 wealthiest men in the
country. You Will have contacted
every living person on the face of
the earth by the time your name
reaches the Top.
Recently in the Message Center a
letter by w. r. Gentry states that
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-05-11
DOUBTS IF CONSTITUTION
FLEA WILL ELECT

BY George w. Curtis.
During our next election, viii it
BE possible for senatorial and con-
Sressional candidates to dance back
70 Washington on the Constitution
as the proper yardstick for he needs
Of the people?
hs3in the dominant opinion of
The people" is crushed and it is ac-
companied by greater distress than
existed during any war.
The same Constitutional body
which passed the pension act could
declare war.
Theodore Roosevelt believed in
the recall of such babies.
jefferson said a little revolution
sometimes is a good thing for
country.
Oliver Wendell Holmes said The
dominant opinion Of the people is
the controlling factor
Chief Justice Hughes said we
are under a Constitution. but the
Constitution is what the judges say
it is"
You don't always tear he old
house down to add a bathroom, yet
installing a 1885 engine in a 1776
wagon might cause Chief Justice
Hughes to hesitate.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-05-11
EDITORIAL PAGES OFTEN
REFLECT HYPOCRISY

By n. L.
Who was the man who said, you
can shoot men, but you can't shoot
ideals?" The truth lives; it is ever
strong.
I always think of this as l read
the falsehoods in the editorials OF
another Indianapolis newspaper.
Reactionary Republicans steadily
lose ground by printing untruth.
The warns which we find on that
editorial page are an insult to the
intelligence Of any person with the
education to know that fairy tales
and Hooverism are not true.
These editorial writer's must e.
dure unspeakable anguish in wit
Messing how truth is spreading be-
vond their control. The editorials
of The Times, the radio. the pull
pit and every other instrument OF
truth are continually exposing ny
pocrisy and selhshness.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-05-11
EDITORIAL PAGE OF TIMES
GIVEN HIGH PRAISE

BY a Times Reader
Your editorial page on Saturday,
May 4, was superb. The editorial
on the Philippines tariff on coconut
oil demonstrates how closely the
whole world is tied together eco
nomically; that no remote region as
even the interior of the Philippines
can afford to be separated from the
rest of civilization and world trade
What a fool this makes of legisla-
tors who make tariffs and trade
barriers.
Your editorials on "A Great
Folly" concerning chain letter dime
prosperity and on THE Voices of
Business" were exceptionally keen.
Business men without purchasers
for their goods are not so independ-
ent as many of them have dreamed
they were. Maybe the United
States Chamber of Commerce could
tell the President that from now on
he need not provide further relief
for them, that they will accept re-
SpOnsibility Immediately Of employ
ing all those whom they have dis
made idle and will distribute the
goods they make, so that none shall
want hencefOrth.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-05-11
PRESS IMITATION
The Deadly Parallel
BY ANDREW DICKSON WHITE.

CPubIshed by d. AppIston-Century companyJ
Copyright
EPRLY in 1879 the French nation found itself
L IN deep financial embarrassment: There
was heavy debt and serious deficit.
The vast reforms of that period, though a
lasting blessing politically were temporary
evil financially. There was general want OF
confidence in business circles; capital had shown
its proverbial timidity by retiring out OF sight
as far as possible: throughout the land was stag
nation.
There was a general search for some short
road to prosperity; ere long the idea was set
afoat that the great want Of the country was
more of the circulating medium, and this was
speedily followed by calls for an issue OF paper
money.
Remembrance Of the ruin which had come
from an earlier day were still vivid. Yet the
pressure grew stronger and stronger.
1t would be great mistake to suppose that
the statesmen of France, or the French people,
we're ignorant of the dangers in issuing ire
deemable paper money No matter how skill
fully the bright side of such currency was ex-
hibited all thoughtful men in France remem-
bered its dark side. They knew too well, from
that ruinous experience 10 years before, in John
Laws time, the difficulties and dangers OF cur
rency not well based and controlled
THEY had then learned how easy it is to issue
l. it; how difficult it is to check its overissue;
PbASAA
means of the workingman and men of small
fortunes: how heavily it falls on all those living
on fixed incomes, salaries or wages; how securely
it creates on the ruins Of the prosperity of all
men of meager means a class of debauched spec
uators, the most injurious class that nation
can harbor; how it stimulates overproduction at
first and leaves every industry f1accid afterward
how it breaks down thrift and develops political
and social immortality. All this France had been
thoroughly taught by experience.
1t was no mere attempt at theatrical display,
but a natural impulse, which led a thoughtful
statesman, during the debate, to hold up piece
of that old paper money and to declare that it
stained with the blood and tears OF their
fathers
But the current toward paper money had
become irresistible.
Oratory prevailed over experience. In April
$780, came the final decree to issue four hundred
millions of livres in paper money.
AS speedily as possible the notes were put into
circulation. Unlike those issued in John Laws
time, they were engraved in the best style of the
art. To stimulate loyalty the portrait of the
king was placed in the center,
All this caused great joy.