davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-11-23
Stabilizing Fund Needed

For many months it has been a
foregone conclusion that the gov
eminent would seek a continuation
OF its foreign exchange powers after
Jan. 80, 1886, because of the con-
tinued unsettlement, the need for a
Stabilizing influence on the dollar
and to protect the United States
from foreign financial worries.
Many foreign nations have been
experimenting with considerable
success in sterilization funds for
many years and it was believed
government pools of this charac-
ter have become a permanent part
of the intricate world monetary
mechanism.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-11-23
Local Securities

Reprinted From Late Times Yesterday
because quotations on local securities
are unlisted on an Exchange, The Times
can not assume responsibility for the ac-
curacy of these figures gathered from local
hraE
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-11-23
Will Report to Congress

Replies are not expected to begin
trickling back to the commissions
headquarters until after the first of
the year
Several months will elapSe before
a final report is prepared for sub
mission to Congress, is compliance
with mandate of the congressional
resolution. But it was indicated
that preliminary reports may be
submitted from time to time, partic-
ularly if it develops that legisla-
ton is necessary to control any par
ticular branch of the gigantic tooo
handling industry.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-11-23
FUND TO HOLD
DOLLAR VALUE
TO Be SOUGHT
Official Circles Look for
Sterilization Pool to Be
Made Permanent.
By UHited Press

By JHiteG Press
WASHINGTON, Nov. 23.-The
possibility of the establishment of
permanent American exchange
sterilization fund similar to the
present secret s2000,00O.OOO was
heard in official circles today.
The present fund which has been
dabbling in foreign exchange and
money markets for nearly two years
in guiding the value of American
money expires Jan 80, 1886.
1t can be extended another year
by President Roosevelt, but in view
Of the extent of the American
monetary policy it is believed likely
that the Administration may ask
Congress for authority to establish
a permanent exchange sterilization
f11Od
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-11-23
BuSigrabhS

The October Federal Reserve
Board index of freight car load
ings was the highest for any
month since OCTOBER, 1931-four
years ago With other classical
tons increasing, the decided drop
in less than-car lot shipments so
far this year, compared with 1884,
indicates a falling off in hand-to-
mouth buying.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-11-23
LOCAL CASH MARKET

City grain elevators are paving 90 cents
lor No. 2 soft wheat. Other grades on
their merits. Cash corn new No. 4 yellow
81 cents and oats 10 cents.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-11-23
Detroit Area Shows Employment Gain

Inder of employment in the Detroit area as of Nor.
IS has reached 1915 of the 19235 monthly acreage
is announced By the Detroit Board Of Commerce. reflect
ing the advancement Of production schedules.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-11-23
SHIPMENTS OF
PRODUCE DROP
Current Movement Placed
at 1000 Cars Daily;
Trade Active.

tmeS Special
WASHINGTON, Nov 23.-Ship-
ments of northern produce during
the last week continued to decrease
steadily and as a result the daily
movement was placed at 1000 cars,
which is about the usual rate for
winter months, according to the
weekly report of the Department of
Agriculture released today.
Grape shipments dropped one
half during the week, while apples,
pears and cabbage decreased sharp
ly. Onions, carrots, turnips and
sweet potatoes held a steady volume.
New-crop vegetables from the
South and Southwest, especially let
tuce, celery, spinach and beans are
becoming still more of a market
feature. Oranges and grapefruit
show the usual seasonal gains. Cur
rent produce shipments are approx
mately one-seventh less than they
were a year ago, due to decrease in
oranges, tomatoes, cabbage and eel
cry
Chicago Trade Active
Trading is reported active in Chi
cago and Kansas City, but slow in
most Eastern cities and producing
sections. MidWestern markets also
are slow. The price trend is irregu-
lar in most sections following sharp
gains in potatoes and other vegeta-
bles.
Onions have maintained a steady
trading range, while cabbage, let
tuce and sweet potatoes are firm.
Apple prices are generally steady in
the East and Middle West, but show
some price gains in Southern and
Northwestern producing sections, it
was reported.
Although still holding a greater
part of the sharp gains registered
during October and early this
month, the potato market turned
dull last week Shipments are es-
timated at around 1000 cars week
ly. about the same as year ago.
Wisconsin and Michigan report
slow demand.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-11-23

At of the United States Building and Loan League re
OF the RalroadmenS
Building and Savings Association elected as member OF the exec
president the Society
indianapolis estate
board of the society
The the national organization of the building and loan
business The which has been newly formed will be chiefly
devoted the of facts and data 1t has membership
of
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-11-23
Dividends Declared

Dividend rates are given in dollars and
cents unless stated otherwise
Company Rate Per d Payable close
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-11-23
Chicago Grain Futures

reprinted From Late Times Yesterday
BY United Press
Prev
Open High Low Close Close
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-11-23
SHEEP AND LAMBS
Receipts. 1000

Lambs 90 lbs. down. good and
choice Observation-Disclosures. si0.25Gii 90
Medium Observation-Disclosures. s.5oGI0.25
Ewes.
t90-i25l Good and choice -. 4093 500
dunn ....-....-...'., -. a5od $50
tl20-l51, Good and choice 5000 400
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1935-04-26
SEVERAL CONFESS
TO taking PART IN
Bremen ABDUCTION
Admissions Are Offered in Eyj.
dence at Trial Of conspir-
ators in st. Paul

st. Paul, April 26.-(R)-The govern
ment had ready Friday for presenta-
ton In federal court the alleged con-
LESSONS Of several persons accused OF
conspiracy in the Edward q. Bremen
100000 kidnapping.
These confessions were to follow one
by Philip Delaney, Chicago bartender,
admitted In evidence Thursday. In
the Delaney confession. he told how
he "peddled" $4,000 Of the 500, 900
ransom money, which he said was
given him by John J. (Boss) Nc
Laughlin, one OF 10 persons on trial
for conspiracy In the abduction OF the
st. Paul banker In January, 1894.
Additional sums Of the "hot" money,
Delaney related, were disposed Of by
q man named BILL" while McLaugh-
lin and Delaney waited in an auto
mobile.
Also introduced In evidence Thurs
day was >2.625 Of the Bremen ransom
currency found in possession of VIII
liam (BilD Wider, Chicago "Bookie. !"
The prosecution will charge the Bill
named In Delaney's confession was
Wider.
Relating In the confession that he
ct first believed the money was coun-
terfeit. Delaney told how. on or about
April II. 1894. Mclaughlin gave him
. package containing $4,000 In Is and
SO bills which he exchanged ct q
Chicago bank for larger denomina-
lions.
Written statements have been OBJ
tanned. federal agents said, from every
one Of the ten defendants except
Arthur (Doc) Barker. alleged ring
leader In the kidnapping plot.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1935-04-26
Four Boards Named
For Debt Adjustment

County debt adjustment boards for
Stark, Billings. Dunn and Golden
Valley counties have been appointed
by Judge Harvey J. Miller. The ap-
pointments were made under . Law
passed by the last legislature.
The appointments are: Stark
Charles Langley, Dickinson: Herman
Leuts, sr. Taylor. and Henry 9oe.
enson. >Belfisld: Dunn-Louis =.
0ehrt, Manning: Albert Koesel.
Dodge, and Hans Schmidt. Ktlldeer:
Billinss-C. n. Ackley. Nels Ness and
John Taylor, I'll Of Medora: Golden
Valley-A. r. Thompson. w. q.
6chuls and Harry Halstead. III Of
Beach.
The law REQUIRES that the debt ID.
justment board, upon petition Of any
debtor Or creditor. shall call . hear
Ing between the debtor and Ill csed-
itors In m attempt to arrive ct debt
Cancellation agreement.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1935-04-26
BURKE COUNTY Man
TO FACE CHARGE OF
SELLING HARDDRINK
Tells Strange Story Of Deal
With Alleged slaysrs Of
Harvey 6ootlsggsr

Minot, N. D., April 26.-(R-An.
nouncement that Q charge Of engag-
ing In the liquor traffic viii be plac-
ed against Neil Van Berkom. Is, Of
Minot and Powers Lake. whose au-
tomob:le was being used by two liquor
hijackers who last Saturday shot and
fatally wounded Donatus Lesmeister
near Harvey, was made Thursday by
States Attorney Robert w. Palda Of
Minot
The states attorney said he would
ask for bonds Of 5000 for Van Berk-
ON on the liquor charge.
Van Berkom said he Is not anxious
to get out Of jail least an attempt b
made to kill him.
Van Berkom told officers he loan
Cd his automobile to two comparative
strangers, who were to furnish . load
Of alcohol to him: that. they made de-
livery to him near Velva and he haul
Cd the load to Powers Lake. where he
learned about the Harvey shooting.
When the two came there to collect
for the alcohol he turned It back to
them. He said he did not know the
names Of the men.
both Ward and Wells county all-
thorities said they were up . blind
alley" 30 far Is clues to the where
atouts Of the two men are concerned.
John Doe murder warrants have been
issued IL Wells county for the slay.
ers.
Ward county authorities want to
question the two men about the ab-
duction In Minot nearly year ago
Of w. II. Shenorry Of Williston, who
was sei1ed BY two men g he was
parking his auto. They took him out
In the country. tied his hands and
fest, left him In Z field and drove
away with his auto.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1935-04-26
Oregon's Capitol Is
Destroyed by Flames

Salem. Ore. April 2e-(H-A srnol-
dering black shell was all that re-
manned Friday Of 0regon's state cap
itol building. destroyed Thursday
night BY . fire In which one fire
man Was killed.
Through tho early morning hours
flremen still trained streams Of watel
On the spectacular fire. Fireman
Floyd Nc1lullen, . willamette Uni
versity sophomore. was crushed BY Z
falling chimney.
The fire started In the basement
Of the o0-year.old building. swirled
In through an elevator shaft. reared
through the rotunda and caused the
le5-foot dome 70 collapse uttle more
than IN hour after the flames were
discovered. Loss Was estimated ct
100000.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1935-04-26
Mandan Hotel to Be
Rebuilt This Summer

Contracts for rebuilding Of the
Lewis and Clark hotel ct Mandan.
partially destroyed by fire In 1880,
were announced Friday by w. =.
Kurke Of Fargo. architect, who win
supervise the work estimated to cost
$4,000.
The general construction work win
be done by Meinecke- johnson com.
pany Of Fargo and the plumbing and
heating BY H. A. Thompson and Sons
Of Bismarck. The elevator contract
went to the Otis Elevator company Of
Minneapolis.
Kurke is agent for L. B. Hanna Of
Fargo, owner Of the building. =. =.
Underhill, former Cannon Ball naer.
chant, purchased the equipment and
lease from the Parker Hotel company
more than . year ego.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1935-04-26
HOME CONSTRUCTION
SPURT FILLS Mild
BOOM PREDICTIONS.
Ten Dwelling Permits Granted
to Capital City Residents
During April
81 FORMERLY APPROVED
Arthur &. Brand Plans Ouplex
in Riverside Addition to
Cost About So,

Spring has brought q squirt In local
residence construction which fulfills
earlier predictions that Bismarck
would enjoy at least q mild building
boom this summer.
While construction went rapidly
ahead on many Of the residences for
which permits were issued prior to
April /, several other Capital City
residents laid plans for the construc-
ton OF homes and have since secured
building permits.
Ten new dwellings at an estimated
cost Of $35, 400 were approved this
month for construction during the
summer. The estimated cost of these
dwellings very nearly equals the total
probable cost Of 81 similar dwellings
for which permits amounting to $685.
SIS were issued before April /.
Largest figure in the estimated cost
OF the new structures Is the 5000 set
as the probable cost Of the duplex
dwelling planned by Arthur E. Brand
IN the Riverside Park addition. Eric
8. Dale will construct q home ut 4O4-
406 Mandan ST., ut q cost approx
mated at 5000.
Two win Cost 5000
Two other dwellings, one to be built
by Even Melby in the Mckenzie and
Coffin addition and the other plan
ned by G. A. Snyder In the Riverview
addition. will cost approximately
5000.
Building permits granted during
April follow:
q. F. Pelke, Mckenzie and Coffin
addition, dwelling. $1,000; G. A. Sny-
der. Riverview addition, dwelling,
5000, builder Christ Nelson; DR.. c.
w. Schoregge, Northern Pacific Sec
ond addition, private garage, $500,
builder Schwartz: Ruth King, 229
West Front st., dwelling. 81 900, build
er Jay Couch: Dorothy Blunt, Nc
Kenzie and Coffin addition, dwelling,
$500; Bernice Nelson and Mabel
Halver. Mckenzie and Coffin addi-
ton, dwelling, $4,000; Ed Jahnke,
Mckenzie and Coffin addition. dwell
ing, $4,000; John r. Bryan, Sturges
addition. dwelling. 81, $50: Even Melby,
Mckenzie and Coffin addition, dwell
ing, 5000; Eric 8. Dale, 404-406 Man.
dan ST., dwelling. $1,000. builder E.
Sasse: Arthur E. Brand, Riverside
Park addition, duplex dwelling, 5000;
Frank Milhollan. Mckenzie and Cof-
I'm addition, private garage, $500.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1935-04-26
HARRISON plan OF
PARTIALPAYMENY
IS IN FOR TROUBLE
Democrats and Republicans
May Join In Drive to Pass
vinSon Bin
ADMINISTRATION HERvo US
Combination Might Force Cash
Payment Despite Prssi.
dents Stand
BULLETIN

Washington, April 2e.-(F)-Chair.
man Harrison Of the senate finance
committee Friday made public . let
ter from Secretary Morsenthau pro-
posing an inheritance tax system
which could be used to cash the
bonus based on progressive rates
running up to % per cent.
Morgenthau estimated that such .
tax would yield about $500, 0o0. 900 In
1895 and might bring In @ much g
$500 100000 annually thereafter.
washington, April 26-(R-The
Harrison plan for compromising the
troublesome bonus issue ran into
threatened difficulties Friday In the
form Of Q Republican drive for the
vinson bill to pay the bonus In fun
Immediately.
Senate Republicans were lining up
almost unanimously for the Vinson
measure, which was defeated In the
house by . narrow margin. Senator
McNary, minority leader, Issued . call
for party conference Saturday to
discuss the issue.
The stand Of the Republican forces
threw . scare into the administration
leaders who were seeking to put
through the Harrison measure - .
compromise which, it, author says,
would b acceptable to President
Roosevelt.
Fear Upset Of Plans
A combination Of Republicans and
Democrats pledged to support full
cash payment might easily upset the
plans Of the administration leaders
to save President Roosevelt from the
necessity Of vetoing . cash payment
plan.
The compromise bill, which was ap-
proved Thursday by the senate finance
committee. was introduced by Chair
man Harrison Of that committee after
q conference with the chief executive.
While the White House has SHE'D off
from definite commitments, President
Roosevelt'S friends were sure he
would sign the bill II sent to him by
congress. They have hoped It would
solve the question, for the present at
least.
Under present plans Of administer
ton leaders, the bonus bill will be
called up In the senate Monday. Des-
pite the finance committees rejection
on the full cash bonus plans. they will |
be offered In the senate as though
they had >v'er been voted upon by the
committee, Is fresh substitutes for the |
Harrison compromise.
Their submission will bring the Is
sue Of cashing the adjusted service |
certificates to the supreme vest.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1935-04-26
MCarl Gives OK to
AAA Wheat Proposal

Washington. April 26.-R-Oomp-
troller McCarl. after . period Of study.
has given the AAA the go ahead
signal IN its plan to let wheat farm
ers plant their full base acreage and
yet draw benefits originally designed
to reimburse them for reducing scre-
age.
The AAA said this approval BY Nc
Carl Of the 1885 supplementary
wheat contracts" would release about
$SO'O0O,0O0 to farmers and spell In
creased production Of from 10000 600
to 100000 bushels. depending on the
weather.
The AAA plan was born OF dry
weather In the west which made wheat
production uncertain. Officials de-
cided to take of the spring wheat re-
strictions this year and pay the farm-
ers for the abandoned reductions,
provided they agreed to make reduce
tions next year.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1935-04-26
TAX VALUATION OF
GREAT NORTHERN IS
UPHELD BY JUDGES
Find Company Paying Too Much
But Say They Have No
Legal Relief

st. Louis. April 26.-(R)eThe Unit
ed States 9Th circuit court Of appeals,
In q decision written by Judge kim
brough Stone, Thursday. upheld the
state and county taxing authorities of
North Dakota in collecting taxes from
the Great Northern railroad on . val
uation Of $7s.832. 1888 for the year
1888.
Judges Charles B. Faris and John
B. Sanborn concurred in the de-
cision, which affirmed q decision of
the federal district court Of North Da-
kota. Judge Sanborn added COM
ments expressing his belief that the
railroads are ''unreasonably overbur-
dened with state taxes"
The Great Northern sued the state
and county taxing officials to enjoin
them from collecting in full the taxes
levied against the railroad for 1888.
The railroad company commended that
the valuation, which was the same as
that for 1882, was e per cent excess
sive.
Contention Not Proved
Affirming the district courts &C.
ton. the court Of appeals said no ex-
cessive valuation had been proved
During the II years previous, it found,
there was only one increase in the
roads assessment - 81 OPS, 29l ~ made
in 1929, while there were four reduc.
tions. totaling $l2,459,ol6, Of which
about one-third. or $4,l40973 was In
the 1882 assessment. repeated In 1893.
Judge Sanborn. concurring in the
courts finding, said:
But no group of men In 1888 who
were able, ready and willing to buy
the Great Northern system, and who
were clothed In their right minds,
would have paid. rs q result OF fair
any such sum for the
North Dakota portion Is was fixed
here.
1T may be impossible now for the
federal courts to grant any relief to
interstate commerce from over-taxa-
ton, possibly resulting from honest
errors Of judgment: but I believe
that If interstate commerce by rail
continues to be unreasonably over.
burdened with state taxes, either con-
gress or the courts will soon find some
way to protect It."
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1935-04-26
Cotton Makers to
Favor Process Tax

Augusta. Ca, April 26.-(R)eThe
resolutions committee Of the American
Cotton Manufacturers association was
represented Friday as favoring q con-
ttnuation Of the processing tax until
q substitute Is found.
This stand Is In opposition to the
demand Of w. D. Anderson. president
OF the association. for the immediate
abandonment Of the tax. In IN adj
dress Thursday. Anderson denounced
the processing tax and assailed Sec
rotary Of Agriculture Wallace, calling
for his resignation.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1935-04-26
HOPKINS IS Named
TOHAVE CHARGE Of
PROGRESS DIVISION
His Task Is to See That Men
Given Employment Come
From Relief Rolls
LEADERS CALLED TO C0NFAe
Preliminary Job Is to Determine
Number Of EmpIoyabIs
Who Now Are Idle

Washington. April 26.-(Represi.
dent Roosevelt Friday completed his
works-relief organization with an
pointment Of Harry L. Hopkins. a
administrator of the works progress
division.
He charged the progress division
with the task Of making certain that
persons employed on the projects come
from the relief rolls.
The United States EMPLOYMENT
service was given general charge Of
Unemployment Of persons on work re-
lief who desire to return to private
employment.
With the completion of his admin
istrattve machinery. the president
called In the principal aides In the
works set-up for general discussion
Friday night.
The president also added to the al
lotment board, headed by Secretary
1ckes. . representative of the mayors
conference. It was understood the
mayors have selected Mayor La0uar-
Ola OF New York for this post.
Navy Man II Chief Buyer
Rear Admiral G. J. Peoples, now
procurement officer Of the govern
ment, was placed in charge Of pro-
curement Of materials for the works
projects. This will come under the
progress division.
Hopkins will continue his peesent
post Of relief administrator % take
care Of those remaining on relief rolls
until the goal Of the works campaign
Is reached.
That Is the removal Of 3,Soo0oo
persons from relief rolls ana sivang
them tobs
Roosevelt said again Friday he q,
pected the states and municipalltieu
to take over the rnemployables On -.
lief rolls.
Friday nights White HOUSE confer.
ence will include the big four Of thu
emergency council; Secretary Ickes.
chairman Of the allotment boards
Hopkins. and Rexford @. Tlvwell,
head Of the division for rural resettle>
ment.
Chicagesn Given Pese
Robert E. Wood. Chicago businese
man, will be The representative Of tina
business advisory council on the I'm
portant allotment board which viii
pass on the distribution Of funds for
the projects.
The White HOUSE announcement
said accurate information must be
available on the actual number of
employables whose names are on re-
lief rolls.
AS the works relief program u IN
tended to take care primarily Of these
people" the statement said, The
projects must be allocated in propor-
ton to the numbers within Z given
work area. The progress division will
be IN charge Of these figures and will
keep the other divisions informed 1t
all times.
Next, after allotments have been
made. 1t will be the duty Of the prog
ress division 20 see that the actual
persons to be employed on the separ-
ate projects will come from those
whose names are on the relief rolls.
1t also will be necessary to deter.
mine the amounts Of security pay-
ments tn different areas Of the coun-
try"
THE general task Of the works
progress division also will include
recommendations designed 70 keen
the actual work Of the great majoeity
Of projects located g close to the
homes OF the workers % possible"
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1935-04-26
Hebron Woman Dies
At Local Hospital

Mrs. Henry Neidhardt. Is. Of He
bron, died ct . local hospital ct 3:36
Z. N. Friday.
Funeral services have been tenta-
lively set for Sunday 1t the g.
Johns Evangelical church Of Hebron
With Rev. ]. NJ. Nuns officiating.
Burial viii b made ct Hebron.
Mrs. Neidhardt. the daughter OF
Mr.. and Mrs. August Retz. was born
at Hebron April IS. 1920. She leaves
her husband and seven children. Paul.
Martin, Martha, Dorothea. Edna ana
Ruth. 1t home: and Lena. . student
nurse at the Bismarck hospital
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1935-04-26
New Rise Recorded
BY Freight Loadings

Washington. April 26.-lR}-The As
ISOLATION ct American Railroads an-
n0unced Friday loadings Of revenue
freight for the week ended April 40
were 6l0,eO6 cars, IN increase Of 23,220
above the preceding week, 1920
above the corresponding week Ii
1884 and li4.3s3 .abeys Ina.