davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-11-02
GETS FEDERAL CONTRACT
Times Special

lmes special
NEW YORK, Nov. 2.-The York
Ice Machinery Corp. has received a
contract from the United States
Navy Department to furnish Freon
refrigeration equipment for 18 new
destroyers now under construction,
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-11-02
BusigrubhS

Twenty-three per cent more mo-
tor vehicles were manufactured in
the nine months of this year than
in the same 1885 period. The drop
in September was due to prepara-
ton for the new 1886 models, which
are now appearing, two months
earlier than usual.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-11-02
SHEEP AND LAMBS
REPORTS SHARP GAIN
Tim es Special

I tmes NpectdE
NEW YORK, Nov. 1.-The report
of Fidelity Fund, Inc, for the Sep
TENDER quarter shows that un-ea-
lied appreciation of securities in
creased S303,470 TO s377,854.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-11-02

we're feeling the
fun! force Of the
enormous losses
they had sus-
tanned.
Banking houses
in America had
sold 10 III = in
formed investors
billions OF dollars
Of bonds of Eu-
ropean, Asiatic,
A frican and
South American
enterprises a n q
governments. 1t
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-11-02
National Spending Spree
Advocated in NezU Book
as Avenue to Prosperity
Teachings of Thrift and Saving Discarded by David
Cushman Coye, Former Official of Public
Works Administration
By United Press


WASHINGTON Nov "A national spending spree advocated
Teachings of thrift
published
Library the we'll have Mr. Coy
tended.
Saving day only makes rain of the
theories advanced the which written while the author
member Resettement of
i lust
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-11-02
Industry's Opportunity
Utilities May Head

There is rumbling of report that
some of the public utilities may
show a leadership in actual new
borrowing-financing for some pur-
pose other than replacing debt and
cutting interest charges.
The investment market expected
last spring that noticeable borrow
ing of new money would be under
way before this time. There has
been nothing more than a smatter-
ing of few millions here and there.
Even offerings of stocks, as well as
bonds, have been for the purpose Of
producing funds with which to re-
deem securities outstanding.
A lot of money and lot of paper
have changed hands, but it has been
little more than a shuffling of the
same old debt. The aggregate of in
vested money, aside from that abb.
sorbed by governmental agencies&
has been about sta ionary. NJ
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-11-02
LOCAL CASH MARKET

City grain elevators are paying 90 cents
Tor No. 2 soft wheat. Other grades on
their merits. Cash corn No. yellow e6
cents and oats 81 cents
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-11-02
BIG INVESTORS
SEEN AWAITING
BETTER YIELDS
Institutions Show Antipathy
Toward Refundings; New
Issues Sought.

Times Special
NEW YORK, Nov. 2.-Nothing
short of industrial demand for new
money will lead TO lasting benefits
for the topheavy position of the
capital market, according to pre-
vailing opinion in the inveStmentS
field. This opinion Is not generality
expressed, but it is quite widely held.
1t is born largely of the failure
of this years considerable financing
operations TO make even a dent in
moneys unemployment situation. 1t
is supported by evidence that large
institutional and individual in
vestors are developing an increas-
ing antipathy toward out-and-out
refundingS and are showing an in
clination to lock UP their cash boxes
until industry decides to borrow
money.
1t is in carrying out this attitude
that institutions have come close to
freezing up their buying operations
in the open markets. They do a
little buying. both in corporate high
grades and in governments, but such
buying is not even absorbing their
increase in cash assets.
Against Low Coupons
The reason for this is that MANY
institutional investment authorities
have no faith in the present invest
ment standards. They are rot will
ing to believe that the current
schedule of coupon rates and Yields
will endure. They are opposed to
putting too much money into a
312 per cent coupon for the next IS
or IS years.
They believe that industrial bor-
rowing of new money will start a re-
turn of higher rates. They want
their cash available when that re-
turn gets under way. Hence they
are disposed to await both the re-
turn and the thing that will produce
it, namely, industrial borrowing.
Industry's Opportunity
In the meantime industry as
whole-big industry, in particular
is charged with letting a grand 6pa-
portunity go by the boards. Never
in a generation. it is pointed OUT
has the stage been so set for bor-
rowing by industry for purposes Of
expansion, rehabilitation and re-
placement of obsolete equipment.
Not since the World War have the
money Golfers been so overf1owing
with capital that wants to go to
work.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-11-02
OUer-fhe-Counter Next

In furtherance of its plan to aceigh the aduisa-
by of segregdtng broker and dealer actiutv the Sc
curittes and Exchange Commission is expected to call
IN representatives Of orer-the-couner institutions to
tell their stories.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-11-02

Air Reduction .is4.s is4M is4.i is4
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-11-02
Unlisted Stock
(Reprinted From Late Times Yesterday
tBy Blyth g. Coz

NEW YORK BANK STOCKS
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-11-02
Local Livestock
(Reprinted From Late Times Yesterday
CATTLE
Receipts, 400

pigs.
, ,ioo:l4O) Good and choice -.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-09-26

Preparations
organizations
Employees unions being made under the direction of John W. Gnde
the
their pledge drive safely,
president
Star Staff Photo
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-09-26
missioner Paul Coughlan of Silver
Spring.
Early Return of Pledges Asked.

Companies and governmental Or
CARNATIONS which have received large
numbers of signed pledge cards from
their employees, but are holding them
awaiting 100 per cent returns are
requested to turn in all signed cards
to The Star Safety Council: at once
so that tabulations may be made
Credit will be given for 100 per cent
cooperation after the 'stragglers'
have come in, it was pointed out.
Among the requests for pledge cards
reported today by The Star Council
were 500 from the Potomac Electric
Power Co., 300 from the Merchants
& Manufacturers Association, $50
from the Kiwanis Club of Washington,
100 additional for the Parents Coun-
Gil of the Wheatley Public School,
so additional for the American Red
Cross, so for the Maloney Concrete
Co., 20 for the McDevitt Preparatory
School, 20 for Hopwood's Furniture
Co. and 20 for Pennsylvania Airlines
g. Transport Co.
The Southeast Citizens Association
on Tuesday night Endorsed The Star
safety campaign, and William A. Maio,
association president, has asked The
Star Council to provide $50 safe driv-
ing pledge cards for members.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-09-26
Safety

Continued From First Page
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-09-26
CHURCHES TO Join
IN MASS MEETING
Secretary Hull to Address
Group at Constitution
Hall October 2.

Final arrangements for an all
church mass meeting in Constitution
Hall October were completed by a
group Of IS representative clergymen
at a meeting yesterday in the United
States Chamber Of Commerce Build
ing. Right Rev. James E. Freeman,
chairman of the Mass Meeting Com
mittee, presided.
The mass meeting, at which Secre-
tary Of State Hull is to speak, will
inaugurate cooperative movement
by all Washington churches to
demonstrate the importance of reli-
gious liberation and specifically to
emphasize the importance of religion
and church loyalty"
Increase of Attendance.
Rev. Arson Phelps Stokes, commit
tec secretary, pointed out that the
date Of the mass meeting had been
arranged to precede the observance
Of Loyalty Sunday. October 6, when,
under auspices of the National Com
mittee on Religion and Welfare Re-
covery, concerted effort will begin
to increase church attendance through
out the Nation.
The male choir of st. Matthew's
Roman Catholic Church, under direc-
ton of Walton Boyce, will sing in
Latin two motets. A Capella Choir of
the First Congregational Church, led
by Mrs. Ruby Smith Stahl, also will
sing a double selection. The quartet
Of the Washington Hebrew Congrega-
ton will sing "Adon olom" in Hebrew.
Addresses on Program.
Other important features Of the
program will include addresses by
Rev. Abram Simon, Rabbi of the
Washington Hebrew Congregation
Right Rev. James A. Ryan, rector of
Catholic University and Bishop-elect
Of Omaha, and Rev. Albert F. Nc
Cartney, pastor of the Covenant-First
Presbyterian Church.
The meeting will begin at $50 pm
Bishop Freeman will preside, and Rev.
James Shera Montgomery, chaplain
Of the House of Representatives, will
deliver the benediction. Rev. Edward
A. Duff, chief of the Chaplains' Divi-
sion of the United States Navy, is 10
lead prayer. instrumental music will
be furnished by the United States
Army Band.
Held under auspices of the Com
mittee on Religious Life in the Ma
tons Capital, admission to the meet
Ing will be free.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-09-26

Continued From First Page)
pledge cards will be distributed by
officers of the District federation to
heads Of various locals, who in turn
will spread them among the individ-
ual membership.
Support of the American Fedora
ton Of Government Employees was en-
listed through E. Claude Babcock,
national president, and the pledge
cards will go out from his Office to
every lodge of the Federation in
Washington.
Three Lodges Active.
Three of the A. F. G. E. lodges
already have become active in The
Star safety campaign through the
action of a joint committee of the
Internal Revenue, Commerce and
Labor lodges. This committee, which
has been engaged in solution of prob
lens affecting the welfare of Federal
workers in the Mall triangle, Endorsed
The Star campaign early in the drive
and undertook to distribute pledge
cards among its members in the three
big Federal agencies, grouped in the
west end of the Mall triangle.
Unanimously indorsing The Star
safety campaign, the Board of Mont
gomery County Commissioners at a
meeting Tuesday in Rockville, Md,
voted to ask The Star Council to pro-
vide pledge cards and stickers for every
county official and employe. The
board will ask every operator of a
county motor vehicle, including all
county police, to take the pledge to
obey each of the IL primary rules for
safe driving embodied in the pledge.
The board acted on motion by Com
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-09-26

Featuring raglan should.
ers-the outstanding sports
i d e a T.! Featuring rich
browns, grays and tweeds
that set the pace in smart.
ness!
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-09-26
METHODIST GROUP
AGAINST CHAPLAINS
Commission to Favor Board Of
Religious Ministry for
Service,
By the Associated Press.

By the Associated Press.
CHICAGO, September 26.-The
Methodist National Peace Commission
yesterday adopted resolution urging
that the General Conference Of the
church. in Columbus next May. vote
withdrawal Of its ministers from chap
laincies Of the Army and Navy.
The commission asked that . reli-
gious ministry for soldiers and sailors
be established instead.
The commission adopted a program
for peace action, declaring that war
is a sin," and approving an interde-
nominational peace demonstration on
Armistice day, November II. Pastors
will be asked to preach on peace
Sunday, November 10.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-09-26

n e appalling
record of deaths
and in jurie
makes the ques-
ton that con-
Germs our auto
mobile traffic one
of supreme i'm
portance to all
our citizens. I
am confid ent
that the clergy Of
our churches will
gladly recognize
the opportunity
your campaign
affords Of using
such influence as
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-09-26
SHAKESPEARE GLOBE
SATISFACTORY" IN TEST
Helium Forced In at Pressure
Twice as Great as It Will
Have to Be in Flight.

By the Associated Press.
RAPID CITY, S. Oak, September
26.-An all-night pressure test of the
metal gondola for the stratosphere
flight brought verdict of 'satisfac-
tory" today from Capt Albert W. Ste
vens, flight commander.
Helium gas. forced into the sealed
globe at pressure twice as great as it
will have to stand during the flight,
disclosed only few connections need
ed Tightening.
The third expedition into the STRAIT
osphere is scheduled to start early
next month.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-09-26

of better traffic conditions on our pub
lie highways. Obviously, the rigid en-
forcement Of the traffic laws will have
deterrent effect upon reckless and
careless drivers. 1t Is a case of eternal
vigilance that alone will secure greater
safety on our streets.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-09-26

The public spirited action Of The
Star is worthy of high praise and I
sincerely hope its persistent efforts
may gain widespread recognition.
Faithfully yours,
JAMES e. FREEMAN,
Bishop of Washington
Evening star. [volume] (Washington, D.C.) 1854-1972, 1935-09-26
Lauds Drive
Safety Drive Should Deter
Reckless Drivers, Says
Freeman.

To the Editor of The Star.
Washington, D. c.
My Dear Sir:
I heartily commend The Star for
its public-spirited service In inau-
gurating a campaign for greater safety
on our public streets and highways.
Evening star., 1935-04-01
SENATE CONSIDERS
BILL
Action Deferred With Day
Devoted to Explanation
by Copeland.

The Senate today took up the Cope
land bill to revise and broaden the
scope Of the food and drug act, but
with an understanding that nc definite
action would be taken today.
Senator Clark, Democrat Of Missouri
at first urged Copeland not to call the
bill up until tomorrow because Of the
absence of Senator Bailey, Democrat
of North Carolina. one of the chief op-
ponents of some features Of the bill.
Senator VandenSsrg, Republican Of
Michigan, also suggested waiting until
tomorrow because insufficient notice
had been given to enable Senators to
proceed today. Vandenberg praised
Copeland for the close study he has
given the bill for over two years. Van
denberg said he was In favor Of the
general proposition. but that there are
numerous technical problems remain
ing to be considered before the meas
ure is acted on. After a discussion in
which Majority Leader Robinson Of
Arkansas and Minority Leader Nc
Nary of Oregon took part, it was de-
cided to confine today's program to an
explanation Of the bill by Senator
Copeland.
1 One of the controversial features of
the bill is whether control over adver-
tising should be in the food and drug
administration of the Federal Trade
Commission.
Evening star., 1935-04-01
SHRINE CONVENTION
TO FEATURE BANDS
1000 Musicians Will Take Part
in Concerts-Many Events
to Be Broadcast.

One Of the outstanding musical
features Of the Shrine convention here
in June will be massed bands, with
1000 or more musicians, led by Fred
erick Wilken Of the Almas Temple
Band. The plans are being worked
out by Raymond Florance, chairman
Of the Band and Band Concert Com
mittee.
On the committee with Florance are
George E. Harris, vice chairman;
Frederick Wilken, Louis s. Yassell,
George A. Fischer, Diller B. Croft,
Charles M. Boteler, George c. Scheuch.
Fenton G. Cramer and Meyer Gold
man.
From the time the convention opens
June until the farewells are said the
following Friday night there will be
music in the air" almost continuous
ly. Concerts are being scheduled for
different sections at which music will
be supplied by some Of the many visit
ing bands. Almas Temple Band will
be held in reserve to fill unexpected
engagements.
Under the direction Of the Tele-
phone, Telegraph and Radio Commit
tee, Of which Edward F. Colladay is
chairman, arrangements are being
made to broadcast many of the events.
Evening star., 1935-04-01
100000, 900 POWER
EXPANSION URGED
Critical Shortage Forecast in
Study by Federal Com.
mission.
BY the Associated Press.

BY the Associated Press.
Early construction of new electric
generating plants costing at least
S300,000,000 was advocated by the
Power Commission in a survey pub
lished today. 1t said the plants were
needed to prevent critical" power
shortage.
Concluding a study made>at the
direction of President Roosevelt, the
commission expressed no preference
between private and public power de-
velopments. But it declared new
plants and transmission lines should
be planned carefully under Federal
supervision.
The critical shortage of existing
generating capacity most seriously
affects the great industrial districts
of the East and Middle West" the
commission reported.
1T would, therefore, be disastrous
in case the United States should be-
come involved in war. The situation
might be even more acute than that
which existed during the World War
when, in many districts, electric serv-
ice had to be denied to domestic and
commercial customers and non-es-
sential industries to meet war needs" :"
Government plants provided for
or under construction will meet these
shortages in certain limited areas" it
said. only one major private power
development and one major munich
pal plant are now under construc-
ton"
The commission reported the use
of electricity for domestic purposes
and in some branches of industry had
grown so during the depression that
, the demand for power, in time of nor
NAL industrial activity, will require
. the output of so large generating sta
tions in addition to the supply that
existed in 1929.
THE only regions in which sub
stantial surpluSeS Of capacity now
,, exist to meet normal demand are
Florida, parts of Michigan and ILL
nois. an area along the lower Mis-
sissippi, parts of Texas and North Da-
kota, Idaho, Utah, New Mexico, Min
nesota. Montana. Washington and
Oregon" 1t was reported.
Evening star., 1935-04-01

tions of employment or the waste Of
any natural resource"
The penalty for a violation of a
code is fine, as in the present law,
but this time there is a statutory
provision about insignias and en-
blems, which presumably means the
Blue Eagle. and the Government Is
expressly permitted to carry on a
"boycott"-a term not used in the
proposed bill but clearly outlined as
having that purpose in so far as the
consuming public is concerned. as
well as with respect to Government
contracts and purchases.
Courts May Require Proof.
The proposal is for two years du-
ration and is supposed to be consti-
tutionally possible as an emergency
statute. But the probabilities are
that the courts will require proof that
the actions taken by executive agen-
c;es are constitutional in the sense
that they are not arbitrary or capri
cious and do not take away private
property by destroying or injuring
businesses or the operations OF indi-
viduals.
There are plenty of other new pro-
visions. especially for damage suits
to be permitted for employees for
wages not paid according to the codes,
and the costs of these suits are not
to be paid by the petitioner "at any
stage Of the proceedings" If the pc
titioner prevails. "he shall be allowed
reasonable attorneys fees to be taxed
and collected as part Of the costs OF
the suit"
From all of which the reader has
probably inferred by this time that
if this bill passes the lawyers OF
America will have plenty Of work to
do for years to come.
(Copyrisht. 1850
Evening star., 1935-04-01
TONG WAR FEARED

SAN FRANCISCO. April 1 CR.-
San Francisco's Chinatown was
closely guarded by police today to
prevent possible tong warfare. and
three Chinese were held following the
killing of Harry Chan, 81.
Chan. member Of the Bing Kong
Tong. was shot down in a Chinatown
street yesterday and before he died
was alleged to have named Jue Yen
and All Jung. Suey Sing Tong men,
bers, as two of his three attackers.
Jue Yen was arrested here. but
denied being involved in the shoot
ing. Bing Chang. alias June Bing,
IS. Stockton, and Jung Kai. %, were
arrested for questioning at Van Nuys.
They denied completely.
Evening star., 1935-04-01

As soon as Baruch appeared and
before they had q chance to open up
on him, he submitted personal records
of his tax payments. Then when they
expected him to indorse cautious Fed
eral legislation restricting munitions
makers, he Endorsed a program as
radical as any of the investigators
ever thought Of.
The result was Baruch ran away
with the show.
Gas Masks for All.
The invisible channels of diplomacy
report that the British recently ship
ped 100000 gas masks to Malta for
the use Of the inhabitants of that
British isle in the Mediterranean. The
population numbers only 100000, SO
Britain practically provided a gas
mask for every one.
The Labor Department is not
toaittng for Congress to pass the
social security legislation. 1t already
has sent out to legislatures the
draft of model la,0s. Three States
already hGUe adopted the unem-
ployment insurance model Mon
tana, Washington and Utah and
tDo hare adopted the old-age
pension model Oregon and Utah.
You must not let Congress hear
about it, but the public works art
projects will be revived under the
new work relief program. Artists will
howl when they learn Of the low pay
contemplated. -
The reason butter and egg prices
are going doDn 70 because ye had
an open Winter, ichtch induced the
Evening star., 1935-04-01
OLYMPIA HEARING SET

The House Naval Affairs Committee
today postponed until tomorrow the
hearing on the Cochran bill proposing
to bring Dewey's flagship, the Olympia,
to Washington as a permanent me-
mortal to Spanish War veterans. This
hearing is expected to result in a
favorable report. The Naval Affairs
Committee will also consider tomor-
row the bill amending the Naval Re-
serve and Marine Corps Reserve acts
of 1925.
Evening star., 1935-04-01
RA|LPAY BOOSTED
S8D,0D0,0|O YEARLY
5 Pct. Wage Increase Goes
Into Effect Today-Cut
to Be Sought.
By the Associated Press.

By the Associated Press.
The beginning Of April brought a
bit of cheer today to the men who
work for the railroads. A per cent
pay boost for the employes-950, 900
of them-went into effect. The total
rise is estimated at $4,000, 900 a year.
The boost, which results from an
agreement growing out of 1882 cut
in pay, comes two days after the roads
received permission from the Inter-
state Commerce Commission to place
emergency charges on many kinds of
freight, expected to raise $S5,000,000
q year.
Permanent Boosts Refused.
In granting this permission Satur-
day, the I. c. C. refused, however, to
allow permanent general increases de-
signed to raise s170,000,000 a year.
Calling general freight advances an
inadequate and dangerous" method
Of meeting problems, the commission
turned instead to the temporary
method of emergency charges.
- Though granting the wage rise in
accordance with agreement, the roads
: will soon seek a cut. w. F. Thiehoff,
general manager of the Chicago, Bur-
lington and Quincy Railroad and
chairman of the Managers Commit
tee, has announced that shortly after
May l the managers will notify the
railroad brotherhoods of intention to
seek the cut.
Will Revert to Old Situation.
Thus the wage situation will be
thrown back into the controversial
stage it was in year ago when, after
a three-week deadlock which even
President Roosevelt could not bulge,
the brotherhood chiefs and managers
agreed on a gradual restoration of a
40 per cent deduction negotiated in
1882. The entire cut was restored
today. the men getting one-fourth
back last July and one-fourth Janu-
ary l.
The new wage negotiations. how
ever, probably will differ from the old
The old agreement did not change
the basic wage. 1t merely was de-
duction from pay checks. The new
proposal will be for cut in basic
wages.