davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-19


In order to combat this export of
capital the Dutch discount rate has
been raised twice, from 21a cents to
312 cents, and then to AZ cents.
Despite these measures, which have
been taken to prevent an outflow of
capital, the guilder still remained
below the export point and addition
all shipments of gold took place.
Gold Defense Expected
It seems very likely that Holland
will make valiant effort to defend
the gold standard. Its action in
twice raising the discount rate is
one indication of this effort. That
the government is determined to
maintain the gold standard, for the
time being in any event, was indi-
Gated several weeks ago, in a speech
made by DR.. Collin, premier of Hol-
land.
In this address he pointed out
that "devaluation would help no.
body and it would prove disadvan-
tageous to the small saver and to
the many thousands of Netherland-
erS who had proved their unshakable
confidence in the government by
converting almost 1,500,000000 guild
ers of the public debt in order to
reduce thereby the burdens of public
corporations" DR.. Trip, who is
president of the Netherlands Central
Bank, is also a stanch anti-devalua-
zionist.
However, if the rapid outflow of
gold continues, Holland will be
forced off the gold standard in the
immediate future. Before final sta
bilization can take place, Holland
as we'll as Switzerland and France
will revalue their currency down.
ward. While it is difficult to fore
cast the exact time it seems likely
that if the outflow of metal in the
next few weeks is not sufficient to
force Holland from gold, she will be
able to maintain the gold standard
for at least several more months.
The action of the Treasury in
raising the net price paid for newly
mined silver comes as no surprise
to those who have been watching
the situation closely. When exist
ing stocks of silver were national
lied in August, 1884, we pointed out
in this column that it was only a
question of time before the price
of 64l5 cents paid by the govern
ment for newly mined silver would
be raised to new high levels as a
result of a rise in the world price
due to purchases by our govern
ment. The action taken this week
by the Treasury is the first step in
this direction.
High Silver Seen
It seems very likely that the price
of silver will be raised still higher
in the not very distant future. IN
less the fantastic silver purchase
program which has been adopted by
the government is abandoned, it is
only a question of time before the
price will reach the statutory price
of S1.29 an ounce.
This latest action has no infla-
tionary implications. At best it
means an addition of several mil
lion dollars to the income Of silver
producers. This total increase is
very insignificant as compared with
the total national income Thus
there should be no increase in the
demand for commodities as re-
suit of this latest subsidy to the sill
yer miners. The effect of this action
on China will be to further accen-
tuate the deflationary effects which
have resulted from our previous
successful attempt to raise the price
g 80
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-19
Hides and Skins

Hides-Green country cows and steers
4i7c nat; green country bulls and CLUES,
Sc fiat: green country calf hides SC nat:
green country kip. &c: No. ! large horse
hides with full heads. shanks. names and
tails, $3.50: medium size. 81. AL moi 2
grade horse hides. soc less; Clues and
ponies half price. No. ! rendered tallow.
5GSizc: No. 2 at value Yellow grease,
IA 65c: dark grease. 4G4lxc.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-19
Wall St.
Speculative Marts
Slow to Reflect
Relief Fund.
by RALPH HESDERsHOT-
Times Special Writer

NEW YORK. April 19.-The va
4 ' rious speculative markets have
been slow to reflect the possibilities
in the way Of a business pickup
due to the spending Of nearly
IS, 900 900 900 which has been set
aside by Congress for relief. Yes
terday stocks and commodities i'm
proved somewhat in price. but the
response thus far TO the new de-
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-19
Hollands Gold OuttzO70
Sharply Pairing ReSerUe
Economists Declare Metal Standard Will Be Abandoned
Soon if Bullion Exports Continue.
Rudolph Hecht Concerned
BY JULES BACKMAN AND A. L. JACKSON
Editors. Economics Statistics Inc.

NEW YORK April 1.-TWO important events in the financial
newly silver. devauation of
gulders gold
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-19
OTIS GETS LILLY CONTRACT

A contract has been awarded the
Otis Elevator Co. for the removal Of
the freight elevator in the Eli Lilly
& Co. Bldg. Indianapolis. and the
reinstallation Of it in a new loca-
tim. The length of travel for this
elevator viii be increased two floors.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-19
GLIDDEN EARNS Ss17,Sss
By Times Special

By Times NpectdI
NEW YORK, April 19.-Net prof
its of the Glidden Co. Of S917 ,698
for five months ended March 81
compare with $685., 722 for the CORE
spending period last year, the COM
pany has announced.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-19

which to spend it. This attitude IS
founded. no doubt. on the slowness
with which other Federal proposals
have taken hold.
Whether or not the President is
able to put the spending wheels in
motion within a reasonable period
remains to be seen. Despite the
many things which might be done,
1t is likely to prove no easy job to
do them. Every project must be in
vestigated before even preliminary
work can begin. And even after
shey have been found satisfactory
plans must be drawn and approved
and designs must be made before
materials can be purchased and
large numbers of people are put to
work.
DUT Mr.. Roosevelt is not faced,
las he has been heretofore, with
the necessity of building organiza-
lions of trusted men with which to
do the preliminary work. Washing
ton reports indicate that he now
has many able lieutenants upon
whom he may call, and that a
vast amount of research work al
ready has been done which will
prove helpful in getting things
started.
Consequently, it may prove un-
wise to gauge future possibilities
by the actual performance of the
past And it would seem that the
spending of $5,OO0,OO0,000 or any
appreciate portion of it should
prove a very great stimulant to
business. Moreover. the wheels of
recovery already are moving, and
this push might easily put it over
the top in a big way.
IF the new projects come into
l. competition with private enter
prise, however. the results may not
be so available. If, for instance
low-priced houses are produced in
large numbers it even might be
harmful to business. The shortage
Of houses, which seems to be de-
veloping. quite naturally would tenc
to raise rentals. The higher rentals
would add value to all real estate
property. If, therefore. government
construction work had the effect OF
holding rentals to low levels there
might be just cause for complaint.
But this might not be the logica,
development. We experienced high
rentals for properties even wher
the supply seemed ample. The
reason was that people were earning
enough to pay high prices, and We
had less doubling up" of families
The work provided by government
construction and other efforts con-
sequently may permit of a genera
advancing price level for tangible
properties irrespective of where
these efforts are directed.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-19
Soft Drinks Seen Faced
With Era of Competition
Large Supplies of Low Cost Inventories Aided Companies
Following Repeal.
By Tim es Special


drinks have registered marked gains the last
henceforth stabilize about
growth will probably be relatively moderate
ngedents will profit
Ctntic+
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-19

Velopment n a 5
been Of very lit
tie consequence.
In all proba-
bility the answer
to this apparent
lack of interest
is the belief in
m any quarters
that the major
portion Of this
money will not
be spent; that a
sufficient number
of desirable en-
terprises can not
be found upon
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-19
LOCAL Cash MARKET

City grain elevators are paying so cents
for Nc. 2 soft red wheat. Other grades
on their merits. Cash corn No. yellow.
IS cents. and oats ~ cents.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-19
On Commission ROIU
Quotations below are average wholesale
rices being offered to buyers by local

prices being offered to buyers by local
commission dealers:
Fruits-Bssnanas. 4s4co a ID; Apples.
fruit, Texas. seediess, So. so; Florida. seed
less. s2.25 Lines. Mexican. per carton,
Us. zoe; Byram. seedless. per hundred,
645O crate; Mississippi. s4.5oq4 rs.
Apricots, SO crate. Grapes. South America,
white, 20-lb. box. S2.75. Cantaloupes-
Honey Dews, South America, So; Jumbos,
Nectarines, South America, box. $3.50
hamper, s3.25; medium, hamper. 81 IS
new red Texas, hamper. So Onions On West,
yellow. 5O-lb, bag. So: new Texas yellow.
50-lb. bag. 1925; new Texas boiler, 50-lb.
bag. s2.25; new Texas white, 5O-lb II bag
F9tatoes Tee cobb1ers 15Oolb bag
So 50; northern round white 100-lb bag,
s1.15; Ohios, 100-lb. bag, 81; Idaho RusseJs,
1o0-lb. bag. S2.75; new Florida Triumphs,
Jerseys, bushel, $3.50: medium. or seed.
81 10; Nancy Hall. bushel s1l5. Beans,
round stringless, hampers, 81 :50G2.75 Celery
washed and trimmed medium. doz- SOC;
piant. si5OaS doz. Kaie. busRel. soc
Lettuce. hot house, 15-lb. basket, Sl75;
goes, s5G6 a. crate; small basket. soc.
ha iii uO ss5O6s75; spinach, Texas.
Ppsh ST. Fad 45d aF 6ushs b1 s2eI
81. Bests. crate, new Texas. s1.75q2.
Rhubarb, hot house, 5-lb. carton, So: doz.
punches, s1.20. Mushrooms, ID, SOC.
All quotations subject to change up or
down
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-19
Money and Exchange
INDIANAPOLIS STATEMENT
TREASURY STATEMENT

WASHINGTON, April 1s-Governnent
expenses and receipts for the current fiscal
year 10 April II. compared with the cor
responding period of the previous fiscal
Smyrna times., 1935-06-27
STATE MUST MEET RULES TO GET
FEDERAL AID APPROPRIATION

The amount of money Delaware
will receive from the Federal Gov
ernment for road construction this
year is likely to depend on how
much money the State Highway
Department will appropriate for
materials, it was learned Monday
night from w. w. Mack, chief en-
gineer of the department. The
program is not tied up, according
to Mr.. Mack's explanation, but is
subject to this restriction, due to
the rule laid down by Federal
authorities that for every S14OO of
Federal funds received, one man
would have to be employed for one
year. This, Mr.. Mack points out,
would mean that the department
would have to make appropriations
for enough materials to keep the
men working, because the 81 400
would not much more than cover
Smyrna times., 1935-06-27
SWIMMING CAMPAIGN HERE
List of Those Who Passed Tests
Held at Lake Como Recently

The annual Smyrna Red Cross
swimming campaign was held dur
ing the week of June IT. Due to
inclement weather the results were
low as compared to previous years.
Instructors in charge were Willard
Duross, University of Delaware,
and Hyman Schwartz, Assisting, of
the University of Delaware Miss
Laura Bell of Smyrna and Mrs.
William T. Hollett, of Clayton,
served as chairmen of the swim
ming campaign. Mr.. Arthur M.
Potter, Executive Secretary of the
Delaware Chapter, A. R. c., was in
charge. The following passed the
beginners test: Florence Bailey,
Betty Andrews, Jimmie DeFord,
Ellis Jenquis, Ellen Louise Cullen,
Lee Slaughter. The following pass
ed swimmers test: Merrick Horn.
Lee Slaughter, James E. Turner,
Robert K. Lower, Miles Stats,
Preston LeSage. The following
passed Junior Life Saving: Delmar
Christopher, Norwood Taylor.
Smyrna times., 1935-06-27
AUCTION SALE OF LOTS HERE
AMY About IL of the 40 Lots Sold
on Account of IncIement Weather

Only a comparative few gather
ed in Smyrna last Saturday to at
| tend the auction sale of lots on the
Boulevard, property of James S.
Truax. The sale was conducted
by G. Leslie Gooden, realtor, of Do
yer. Owing to the shower that
came up at the time of sale and the
inclement weather of the after
noon, the attendance was more or
less affected and the buyers from
"a distance did not get here. The
result was that the sale was stop
ped after seventeen of the forty
lots were sold. The prices, due to-
no spirited bidding, were knocked
off at or below what the lots were
actually worth. The sale of the
seventeen lots, it is said, only to-.
tailed a little more than $1,000. The
more valuable lots had not been
touched when the weather condi-
tiOns made it advisable not to con
tinue the sale longer No date
was set for the disposition Of the
rest of the lots.
Smyrna times., 1935-06-27
MISS SKRIVAN, HARTLY, WEDS
Hartly Girl Who Graduated From
Smyrna High, Weds III. B. CrOthers

Miss Henrietta Skrivan, daugh-
ter of Mr.. and Mrs. William Skriv-
an, of Hartly, and Mr.. Howard b.
Crothers, of Mt. Pleasant, were
married on Wednesday afternoon
at their future home in Mt. Pleas
ant, by the Rev. William B. Briggs
Only members of the immediate
families and a few friends attend
ed The brides only attendant
was Miss Margaret Crothers. Dr.
Kenneth ]. Crothers, of Chester,
was best man. On their return
from wedding trip to Atlantic
City, Mr.. Crothers and his bride
will make their home at Mt. Pleas
ant. Miss Skrivan is not only a
graduate of the Smyrna High
School but came back as a member
of the Faculty in charge of the
Home Economic Department and
taught here several years
Smyrna times., 1935-06-27
KENT FIREMEN
GO TO HARTLY
Rain Wednesday Cut the At
tendance To a Mere
Working Majority
JULY MEET AT BOWERS

A rainstorm seriously hampered
the attendance at the 69th meeting
OF the Kent County Firemen's AS
sociation at Hartly Wednesday ev-
ening, but all of the officers were
present and only three directors
were absent. A lengthy resolution
on the storage of gasoline and in
fiamable liquids was read. The
resolution is to be submitted to the
state convention. If adopted, eff
forts will be made to have laws en-
acted to thow great safeguard
around the storage Of these pro-
ducts. The July meeting is to be
held at South Bowers. A move
ment is on foot to arrange for a
boat trip in the bay for the fire
men, starting in the afternoon and
ending with the regular meeting at
night. The president appointed
the following standing committees:
Legislative, Samuel Powell, c. G.
Roadway and Grover c. Lord; edu-
cational committee, w. w. Petit
john, Fred Burke, and George
Voshell. Friday evening, June %,
is the night set aside to present the
diplomas to all firemen who COM
pleted their course last fall in the
various fire schools.
Smyrna times., 1935-06-27
CROP LOANS TO
BE ANALYZED
c. r. Hare, Field Supervisor
of Salisbury, Maryland,
Coming to Delaware
TO INVESTIGATE LOANS

Announcement has been made by
9. r. Hare, field supervisor in
charge of the emergency crop
i loans on the Delmarva Peninsula,
that several experienced collectors
and inspectors have been added to
his department, and that an in
vestigation will be made of every
loan which has been made in this
territory by the Farm Credit Ad-
ministration Mr.. Hare states also
that his department will vigorously
investigate any cases Of failure
upon the part Of dealers or buyers
of farm produce to properly report
or make returns to the Governor
of the Farm Credit Administration
on the mortgaged crops of the bor-
roWers, as these loans were secur-
ed by a crop lien properly recorded
under the crop lien laws of Della
ware and Maryland which have
been recently enacted Both the
Federal and State statutes carry Sc
we're penalties for failure upon the
part of the buyer or borrowers to
properly return the money expend-
ed in the making of these emerg-
ency crop loans. Mr. Hare states
further that while his organization
will show every consideration to
the farmer who acted in good faitn
in the matter of his government
crop loan, this department is now
equipped to prosecute any case of
fraud or of bad faith which may
be revealed during these investiga-
tions. Within the past three years
there has been only one criminal
prosecution in this territory. and in
this particular case conviction was
secured. Several civil cases have
been prepared, but most of them
have been settled out of court. with
a few remaining suspended for
further consideration. Mr.. Hare's
official headquarters are in the
Postoffice building in Salisbury. |
and his force of inspec-
tors and collectors for the present |
are working out from that office. |
He states, however, that these men
will cover every crop loan in each
county before their work is COM
pleted, in order to determine if
there have been any violations of
the Act creating these emergency
oans.
Smyrna times., 1935-06-27
PRETTY CHURCH WEDDING
Miss Helen Denney Harmonson
Became the Bride of Henry X. Weir

The wedding of Miss Helen Den
ney Harmonson, daughter of Mr.
and Mrs. Charles Leland Harmon
son, of "Greybox, Smyrna, and
Henry Kline Weir, son of Mrs,
Mary Kline Weir, of Chatham,
Mass, and Ernest Tener Weir, OF
Pittsburgh, Pa, took place in St.
Peters P. E. Church, Smyrna, Fri
day night. The Rev. J. Derickson
Cummins, of the Church of The
Holy Name, Swampscott, Mass,
assisted by the Rev. Frederick
Marx Barton, rector of st. Peters
officiated. A reception with dane
ing, followed at "Greybox The
church was beautifully decorated
with large ferns forming a back
ground and white peonies. Down
the center aisle tall white candles
from the end of each pew, formed
an isle thru which the bride walk
ed. Preceding the ceremony, Paul
Hesser. of Germantown, Pa, sang
II Love You Truly" and "Tomor-
row." and an organ recital was
given by Miss Julia L. HUM, or
ganist of st. Giles P. F. Church.
Stonehurst, Philadelphia, who also
played the wedding marches. The
bride was given in marriage by her
father. She wore a gown of ivory
satin made on old fashioned lines.
It had fitted bodice with low, off
shoulder neckline, trimmed with
princes lace. Her veil of tulle was
caught in a close fitting cap. She
carried lilies of the valley and
tinted orchids. Miss Frances Weir,
of Steubenville, Ohio, a cousin of
the bridegroom, was maid of honor
and Mrs. Dorothy Weir Breck, of
New York City, sister of the bride
groom, was matron of honor. The
were Miss Carol Cross.
of Swarthmore, Pa; Miss Ann
Ruark, of Baltimore; Miss Roberta
D. Collins, of Smyrna; Mrs. Donald
V. Turnbull, of Montclair, N. J.;
Mrs. John Francis Mcdonald, of
Dover, and Mrs. Charles A. Owens, i
Continued on Page Five)
Smyrna times., 1935-06-27
TRUCK MISHAP
ON BOULEVARD
Outing Party of Pennsylvan-
ians Were on Way to
Delaware Bay
1 KILLED AND 10 HURT

One man was instantly killed
and ten others received slight in
juries when a truck in which they
were riding upset as it struck the
curbing when the driver sought to
make a turn from the southbound
lane Of the dual highway, at Smyr-
ma, to the northbound lane, to
avoid striking several cars which
were parked at a roadside dining
car, about o'clock Sunday morn
ing. The dead man was Robert
White, 26 years old, Of Quaker
town, Pa, who was riding on the
tailboard of the truck which was
driven by Charles w Meyer, 26, of
Sellersville, Pa, and owned by E.
T. Wright, 80, of Quakertown.
White received a crushed skull and
died instantly in the crash The
others injured, all Of whom were
treated at the Kent General Hos
pital and discharged, and all Of the
Quakertown section, included Mrs.
Pearl Meyer, 26; Miss Lillian Mill
er, %; Raymond Kernago, SO;
Thomas Ormond, AZ; Charles w.
Meyer, the driver; Frank Taratino,
35; Webster Jones, "a; Edwin F.
Wright, 80, owner Of the truck;
Walter Fox. 40, and another man
whose name was not learned. Nov
er is being held to await the action
Of Coroner Edgar Smith. He told
the police he was coming down the
highway at speed of 50 miles an
hour and turned out to pass other
cars and the machine upset as it
struck the curbing at the grass
plot. He said White and Fox were
riding on the tailboard and this
probably was the direct cause of
fatal injuries. The acci-
dent occurred as the party was
bound for Delaware Bay for a DAVIS
fishing trip.
Smyrna times., 1935-06-27
NEW CASTLETAX
RATE 45c ON S1OO
Real Estate in County Gets a
Reduction of SOC on S100
Outside of Wilmington
DUE TO ROAD CONTROL

New Castle County tax rate on
real estate for the fiscal year be-
ginning July 1, was fixed at 45
cents on the $100 of assessed valu-
alton by the New Castle County
Levy Court last week. The court
also adopted budget for the COM
ing fiscal year amounting to ST.
3O5, ,33112 or S577 7,O55.68 less than
the 81, 1882, ,386.80 budget for the
present fiscal year. The entire ap-
preparation for public highways is
eliminated in the new budget, to-
gether with $4,000 for the salar-
les of bridge tenders. The county
tax rate cannot exceed so cents
under the act passed by the last
General Assembly providing for
the transfer of control of county
highways and bridges to the State
Highway Department, starting
July l. The reduction of the tax
rate took 25 cents off the present
levy in Wilmington. In rural New
Castle county where 30-cent road
tax is currently levied, which tax
was repealed by the General As
sembly, the total reduction is 30
cents. The budget provides S12,-
500 for maintenance of the county
ambulance and salaries of the six
members of the crew. 1t also pro-
vides $4,000 for the salaries of four
rural officers, two in Brandywine
hundred and two in Christiana
hundred, which positions the law
shall be retained A
$4,000 appropriation for county
police is eliminated, together with
a $4,000 item for snow removal,
as the result of the law providing
for the State to take over the coun-
ty roads and bridges on July 1.
The appropriation for the Welfare
Home was increased from $4,000
to $65,000, while the appropriation
for board of prisoners at the New
Castle County Workhouse was
raised from $178,OOO to S183, 900.
The item for salaries and Office ex-
penses was reduced from 1891 900
to S269, ,625, through the elimination
Of the county engineers office af-
ter July 1. The public welfare
item totals S407 $50, while the gen
aral expense item is S458,376 The
public works item is $4,000. The /
after includes $4,000 for regional /
$4,000 for unfinished ,
contracts and S135,O00 for main
construction, drainage and !
sewers.
Smyrna times., 1935-06-27

wages. The department has funds
on hand out of which appropria.
tions for materials could be made
but just how much Will be available
is yet to be determined It is ex.
pected at least a substantial part
of the years road building pro-
gram will be undertaken even if
the department does have to make
appropriations for materials. It
had originally been figured that
Delaware would receive S2,7OO, 900
of Federal funds for highway work,
including about 100000 for elm
ination of grade crossings. There
is substantial Federal fund COM
ing to Delaware for road work that
is not affected by the labor pro-
vision. This totals $609,375, allot-
ted under the Hayden-Cartwright
bill. The money must be matched
by State appropriation.