davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1935-02-25
SECURITY
TRADE To END

Bank stock trading will cease
next Thursday along with that of
all other securities listed on the
Produce Exchange.
The Securities and Exchange
Commission last night refused ex
emption to this group, stating
that it could see no reason why
it should not find listing on one
of the national securities ex.
changes. The notice said:
THE commission finds no rea-
son why issues of such wide dis
tributi0n should not be listed
on a national securities ex-
change and thus it sees no
ground for exercising its exempt
ing powers to give these stocks
the type Of collateral value that
will be denied them as unregiS-
tered stocks under section &c Of
the securities exchange act
when the securities division of
the New York Produce Exchange
closes.
"It is well to point out that
bank stocks can be listed with
certainly as great a facility on
a national securities exchange
as other stocks. The commits
sion is now preparing a form
for the registration of such
stocks.
The Washington times., 1935-02-25
NEW CAR SALES
ESTIMATE Up

Latest reports of new car reg
istrations during January have
necessitated a rather sharp ad-
vance in the estimate of car sales
by R. L. Polk & Co. Polk now estl.
mates January sales at $4,000
units compared with it's estimate
of 10000 a week ago.
The revised estimate compares
with 61,242 registrations in Jan.
ary, 1884, and is an increase Of
124 per cent. December, 1884, sales
were 1854 units.
Estimates of truck registrations
of $4,000 units remains the same
as a week ago and compares with
actual registrations of 24.125 in
December and 22,9O3 in January,
1894.
The Washington times., 1935-02-25

- ~ ont,on,1 70nlts .1dta, sh st T. 4-N
1t9c6 S * and cash o Extra in stock l Paid 1888
latest payment (h) Payable in m Special
(n) Paid this year, (ww) With warrants (xw) Without
warrants. (") Exdividend. (+) Ex-rights ~
The Washington times., 1935-02-25
Volume Saturday
$4,000 Shares

-1936- Name and Net
High Low Dividend Rate High Low 400 Oh &c
The Washington times., 1935-02-25

Central and Southern, at the low.
est levels since the spring of 1888.
Delaware and Hudson hit rec
ord low.
Utilities strengthened under the
leadership of Consolidated Gas
after an early sag. The influence
was the disclosure that Consoli-
dated Gas earned $2.18 a share in
1884, or more than twice the 81
dividend. Judge Grubbs decision
against the IVA and the Wash
ington hearing on the holding COM
pany bill were temporarily forgot
ten.
The Washington times., 1935-02-25

CANADA
Montreal funds In New York, 80 dis.
count at $1,000.
The Washington times., 1935-02-25
Pound at Bottom
As dollar Rises

NEW YORK, Feb. rs I.N.S).
While the pound sterling held
at its record low Of 73.S75
francs in Paris, the dollar edged
slightly higher to 1896 cents
today in terms of the French
franc in dull foreign exchange
trading. The table:
The Washington times., 1935-02-25

ages" Several OF
the most active
issues closed the
" e e k one-half
p in is lower
than at the be-
ginning. United
States Steel lost
23s points. The
only net gain
q m ng t h e
dozen most ac-
tive STOCKS was
in the highly
spe ecul a iv e
TIE Xa S Pacific
Land Trust is
sue, and that
Suan nnnaiohth
The Washington times., 1935-02-25

Ties 6 a V e th0
stock market q
ragged appear
ance today, with
the tre nd to
slower levels.
The decline at
the close of the
W e e k brought
further liquida-
ton i n to the
early dealings.
This saw United
S t a tes Steel
down a point,
and many rails,
including Atchi.
The Washington times., 1935-02-25
Bag & Paper Co.
Building Plant

Union Bag & Paper Co. is
building a new plant at Danes
Point near Jacksonville, Fla, at
a cost of $4,000. 900. according to
data on file at the Interstate
Commerce Commission.
The Washington times., 1935-02-25
AND RAIL
SHARES DOWN,
UTILITIES Up
BY LESLIE GOULD

NEW YORK, Feb. IS G.N.S0.
Weakness in the steels and rails
and firmness in the public utili.
The Washington times., 1935-02-25
GOLD DECISION
GAINS DROPPED
BY MARKET
BY LEWIS HANEY
Professor of Economics,
New York University

After a wild gyration, the stock
market lost nearly a point last
week, as measured by the "aver-
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-08
FOR FAIR COMPETITION

JOSEPH EASTMAN'S program for rehabili-
tation of our railway system is a document
deserving of the most extended study. 1t seems
to cut a pretty carefully planned middle course
between demands of the government owner
ship group and proposals of those who would
have the government interfere with the system
as little as possible.
With at least one of his suggestions there
will be wide agreement. He urges that all
transportation systems-bus, truck, boat, pipe
line, and possibly even airplane-be put under
control of the Interstate Commerce Commits
sion along with the railroads.
This would probably do as much to give
the roads a better break in the matter of COM
petition as any one step that could be taken.
For the rest. his program is the product of
much study, and it sets forth the most clear
cut plan that has yet been offered for restor-
ing our railroads to full economic health.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-08
JAPANESE FRANKNESS

~UR. Japanese friends seem 10 make no
~ bones Of their determination to strengthen
themselves in the Pacific at our expense.
Three dispatches yesterday brought new evi-
dence Of this.
/ A Toxic naval spokesman SAID that re-
striction on fertilization Of American Islands
should be increased. while the restrictions on
similar japanese Notifications should be elimi-
mated.
. Foreign Minister Iirota revealed to the
Diet that the question Of resumption OF the
Anqlo-JapaneSe alliance. though perhaps OF
doubtful expe6ience at the moment is in fact
beinr considered IN London and Toxic. He
added that he tho ught the United Estates
would have no objection TO an Anglo-Japanese
alliance.
3. Naval Minister OsuTni told the Diet that
Japanese warships built under the Washing
ton treaty had less space for living quarters
and more for ornaments and therefore were
superior TO American ships for both defensive
and offensive purposes.
Whatever else may be said Of these official
japanese statements. they at least are re-
freshingly frank.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-08
UTILITY HOLDING COMPANIES
The quicker the better

EEW persons probably VIII regret 'iie Nc"
Il Deals announced intention to eliminate
pubIic utility holding companies The Fed
oral Trade Commissions six-year investlga-
,io, of the electric and gas industries eX-
ploded almost all Of the arguments IN favor
Of them It proved that abuses have lar eA-
ceeded possible benefits.
Tbro,rb the medium Of holding COM
panv honestly managed. separate electric OF
60 5istribution units within a limited geo.
,--o,r,ca1 area may be linked into single
efficient system
Rur that is not the pattern which utility
',..,,,,,.-- connanv development has followed
Instead. most Of the so-called super-hoioing
comDanies which control properties scattered
all over the country. have thrived by two
handed Notwithstanding money with one
b.n5 from consumers. through extortionate
rates maintained in defiance Of state regu-
latorv efforts. and taking money with the
other hand from investors by floating secur-
ties based on fictitious values.
THROUGH pyramiding process few men
with shoestring investments have been abe
m gain dominion over utility empires worth
hundreds Of millions.
In the books of Is top holding companies
~ sub-hoiding companies. and 81 operating
utility companies the Federal Trade Com
mission found "write-ups" totaing sl,40S'-
ss4 500. In other words, that amount OF
imaginary book value was written into the
financial structures Of these mterlocking cor
,,orarions 10 bait investors and TO justify
r,tss and 10 earn a fair return" on capital
never invested
The Rayburn bill provides for gradual dis
solution OF utility holding companies over
period Of five years That seems to be long
enough grace 70 grant to what David Llien-
thai of IVA describes as financial tape
worms"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-08
FOOTNOTES OF HISTORY

HISTORY would be great deal more in
Il Il teresting If We could get at its insig-
nificant footnotes. 1t is forever limiting at
absorbing little stories that would make much
better reading than the really important
things which get all the space-but in most
cases it does no more than hint. The anec-
dotes and romances which would make history
real to US get lost III the shuttle
Here's a sample. A few days ago some re-
lief workers were excavating Indian mounds
on the edge of the famous battlefield of Shiloh,
in Tennessee. They accidentally drove their
picks into a grave in which had been buried
nine unknown Union soldiers killed in that
battle And one Of the skeletons turned out
to be that of a girl!
Skeletons of course were about all that
remained. Each was incased in the rem
nants of a blue uniform, clearly identifiable
as such by the furnished brass buttons. The
girl had apparently been some II or 10 years
old The Confederate bullet which killed her
was found inside her skeleton.
And that's all there is to the story-just
that tantalizing little fragment, which tells
us almost nothing, but which sets the imagina-
ton to work frantically.
Where did this girl come from? How did
she get there, OH one of the bloodiest battle
fields of all the bloody war?
Was she one o. those luckless girls who wish
they were boys, and masquerade as boys when
ever possible? If so, how did she get in the
army, in view of the fact that Civil War re-
cruits had to undergo physical examinations
just as present-day soldiers do?
Or was she, perhaps the sweetheart of one
of the soldiers, who had obtained a uniform
in some manner, disguised herself in it, crept
into camp by some hook or crook to be near
her lover, and had been caught with him when
the unexpected swirl of battle broke over
Grants army?
Was he one of the eight VINO were buried
with her? Or did they get separated in the
heat OF battle, so that he never knew what
happened to her?
These are questions that can not possibly
be answered; but who can read the little story
without wishing earnestly that they could be?
These relief workers dug up one of history's
most fascinating fragmentS-but it can never
be anything more than fragment, footnote
to tale of battle, limiting at much that we
would like TO see revealed.
The nine skeletons have been buried in a
new grave in Shiloh Cemetery. now. The only
marker is a tablet inscribed Nine Unknown
Union Soldiers"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-08
YOUR ELECTRICITY BILL

TN the Federal Power Commissions prelim-
Il mary rate survey. authorized by the Norris
resolution. three things stand forth. One IS
~the amazing variety Of rate forms" that defy
understanding. Another is the relatively few
electric homes" in American cities. A third
is the effect Of the public ownership yardstick
In municipal rate control.
In one hamlet OF p souls the commission
found II different rate schedules. A company
serving a city Of 5000 bills its customers IN
der $50 schedules. Whether this chaos is
through design or inertia il is absurd. and
should be remedied by the imposition Of
standard schedules. II challenges a sense OF
public order.
In grouping some 100000 residential con-
sumers the commission finds only $4,000
households using electricity for lighting small
appliances. refrigeration. cooking and water
heating. On the other hand. 1880, 900 homes
use electricity for only lighting and small
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-08

COMMON SENSE WINS

THE State Of Indiana owes congratulations
Il to It's House Of Representatives for its
action yesterday IN passing the resolution for
the ratification OF the Child Labor Amend
meut 10 the Federal Constitution. Approval
b. the Senate Is the last step before Indiana
Joins the ranks Of the unions enlightened
states.
The vote OF the House Of Representatives
is more than a victory for humanity. II IS
a victory for common sense Common sense
because Of TWO reasons. FIRST and foremost
because the future OF the United States hinges
upon its children 4 nation that waTps and
crpples its coming generation has no hope
for the future. Second adults should hold
the Jobs so many cost-cutting business men
have tried 70 shoulder on children
Noteworthy IN Indianas battle for ratil-
cation OF this forward looking amendment
have been the campaigns Of the American Le-
q.on and the League OF Women Voters. Both
organizations have done yeoman work
While The indianapolis Times has not al
WAYS agreed with the Legion. We do stand
shoulder TO shoulder for child welfare. The
American Legion has a remarkable child well
fare policy and the veterans demonstrated IN
this instance its ability to get out and fight
bravelv and briHiantly-for cause that Is
all for the countrys welfare.
Quick action by the Senate has been pre-
dicted.
The quicker the better.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-08
BY B. B. NJ. NoblesviIle

BY B. B. NJ NoblesviIie.
A Socialistic form of govern
ment with the present ideas,
would not be as ideal as some
people seem to think. The Social
lists do not have anything in their
program that says they favor a
large pension for the aged. They
do not have anything in their
platform that says they could put
every one to work on a livable
wage. There are some admirable
features about the Socialist plat
form, but what people really are
wanting and thinking about are
articles contained in the techno-
Gratis platform, but many persons
think their ideas are socialistic.
The technocratS and the Ameri-
can Federation of Labor are the
ones who have advocated 80 hours
week for working people,
Hvable wage for all and a gener-
GUS pension for people who have
served their time working on this
plane.
The American Federation of
Labor deserves more credit than it
has received for advanced ideas
to meet the times. A new age Is
ready to be born and we are re-
sisting it, refusing to face the
facts clearly and unbiased.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-08
pliances. Here. It would seem. IS a vast

appliances. Here. it would seem. is vast
field for expansion in power use.
Graphic are the contrasts between rates in
various cities and the apparent effect upon
rates from competition by publicly owned
plants. It is not mere chance that at the top
Of the commissions list in every category s
city Of 100000 or more people served by a
municipal plant. The customers Of Cleve-
lands and Columbus municipal plants pay
only so cents for Is XVIII. In Tacoma, also
served by municipal plant. consumers pay
So cents for Is XVIII
In Los Angeles, served publicly and pri-
vately, the charge is 70 cents But in 43
cities, served only by private companies. the
comparable rate ranges from s1.05 in Okla
homa City to sl71 in Miami. typical bill
for 25 XVIII is SO cents in Cleveland, s1.l3 in
Tacoma and s12O in Los Angeles. In Miami
it Is s276. For 40 XVIII Cleveland's con-
sume-s pay sl31, Tacomas and Los Angeles
s1sO. Miamis s41s For 100 XVIII Tacoma
consumers pay $40 but those of as cities
privately served pay from $3.50 in Oklahoma
City to s685 in Yonkers For $50 XVIII Ia
coma consumers pay $3.50. but those Of 81
cities privately served pay from 500 in Okla
hona City to sl5.85 in Yonkers A bill for 500
XVIII is S64O in Tacoma s815 in Seattle,
SASS in Cleveland s174O in Boston and
s2s.35 in Yonkers
For rate control it would seem that NUM-
cipal competition works effectively as yard
stick
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-08
FARM REQUIRES WORK
BUT GIVES FOOD
BY Mrs w E Norman.

BY Mrs. W. F. Norman.
Inconsistency, thou art a jewel.
Something must be terribly wrong
with the reasoning Of R. J. 3. He
SAYS he is the owner of a very prof
liable farm that must be TIE land Of
milk and honey judging from his
own story. I can't see why he
keeps a tenant and remains in the
city, since the farmer raises all his
living, obtains his fuel from the
farm, and lives in luxury and he
continues to live in the city bound
down to a chair bottom and hun
CRY.
He should trade with his tenant
and give the tenant his city
Job and run his own farm. Of
course the farmer works long hours,
seven days a week, and often has
to get up nights to care for new
stock coming into the world in zero
weather, or suffer from the loss, the
COWS have to be MIXED, stables
leaned, etc.
Perhaps a short hour day, a i've
day week, would be much easier, so
that is why R. ]. B. doesn't care to
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-08
Socialism Not Ideal

Since we are due for a change
in systems, a worldwide change,
it seems that a form of govern
ment could be framed that would
include the best in Socialism, the
best in democratic ideas and
collaborate with the American
Federation of Labor
1t seems proper and fitting that
a representative of the federation
should always be high official in
our government. He should either
be a member of the Presidents
cabinet or have a high ranking
Office and be consulted in matters
of Importance affecting the labor
ing people and labor conditions.
If all people who work would
only avail themselves of books to
be obtained from the public
Libraries on economics, technoc-
racy, socialism, the conditions Of
the times, they would be able to
understand what problems the
present Administration faces.
The books are not necessarily
for the educated classes, but are
written so they are understandable
to the most unlearned workman.
A book on democracy by Laing
should be read by every one. 1t is
short, to the point and easily di-
geSted
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-08
INJUSTICE is CHARGED
ON FERA PROJECTS
BY Charles King

BY Charles King.
Will some one who might read
this enlighten me how some men
working on FERA projects are al
lowed more time to work than
others with the same number in the
family?
have two in my family and 1
am only allowed $21 a month while
other men with only two in the
family, including himself, are al
lowed SGT a month. I have seen my
investigator and have been refused
any additional time. Also tell me
how a man can pay rent, buy fuel
and eat on sci? I feel am entitled
to the same as any other man.
am willing to work in order to
live but am finding it a hard road
to travel.
What can be done to right this
injustice?
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-08
Capital Capers
by GEORGE ABEL

IN a setting of lavender tulips and jonquils,
l. Sonora de Espil, American wife of the Argen-
tine ambassador, iraugurated her husbands at
tenpts to popularize mate South American
BEVERAGE by giving a mate party at the
embassy.
About SO guests attended, slipped mate from
silver gourds, gossiped, admired Sonora de
ESpiIs slender fgJre-clad in blue velvet against
apple green walls
AS each guest arrived, the hostess motioned
toward the tables.
Take either mate or tea-but be careful OF
the mate"
In an aside, she added:
I'm afraid lot of people are going out on
their heads We've already disposed of Is pots OF
mate, and the tea has not been touched"
Burbled an American guest to one OF the
Argentine ladies who helped to pour the new
drink:
Should use cream Or sugar? How do you
take mate?"
The other retorted, smiling:
How do you take tea?"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-08
FIFTEEN
BY VIRGINIA KIDWELL

BY VIRGINIA KIDWELL
All in year he has grown
From a boy TO the start Of a man,
And that gay, carefree youngster
I've known
Lives his days on serious plan.
Bewildered I watch as he tries
To decide between gray or blue
hats,
And selects fancy shirts, sox and
ties
And I fear that he's even bought
spats!
His collections" are gone from his
room,
And his photos Of each movie star,
On his birthday he asks nothing
less
Than a studio couch or a car.
AS he goes his preoccupied way
watch. half asmile-half atear,
Ny youngster OF yesterday
Who's grown up all IN q year.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-08
STARVING TO AVOID HUNGER

IT is a pleasant little picture which Admiral
NIineo Osumi. minister of the Japanese
navy. held out to his people in a recent speech
in the japanese parliament. The admiral as
serted bluntly that Japan must be prepared
to go through with any naval race that may
develop. even if we are reduced to eating rice
Cruel"
Now a statement of this kind indicates the
confusion into (which military men are all
too apt to fall For if a nation maintains a
navy for any sensible purpose at all it is for
the purpose of warding of enemies that the
nation will not be reduced to poverty and
hardship which the eating Of rice cruel is sup
posed TO signify.
To accept such hardship and poverty volun-
tarily TO support navy is to get the cart q
couple of nautical miles ahead Of the horse
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-08

enough I doubt it. You say you
are member of the Reserves.
Why, for the financial gain?
You work hard for your money.
You are lucky to be able to work.
How would you like to be on the re-
lief rolls like so many thousands
of we veterans are, VINO are willing
to work, but can not get a job?
Maybe if we had not gone overseas
we would still have our jobs. When
we left we all had jobs and were
promised our old jobs back when
and if we returned But, what
promises. When the luckiest of us
returned, we found our jobs taken
by young men just out Of high
school. Perhaps you have one OF
those jobs now.
You may think only a small per-
centage of the veterans want the
bonus, but you are not acquainted
with the facts. They all want it,
bar none.
1t seems to me, that if you had
your way, you would drown all the
veterans.
Where is your source of informa-
ton about the American Legion
promising President Coolidge to end
all bonus agitation? Anyway, it
was President Hoover who got our
so per cent loan over.
To hear you talk we we're fight
ing for dough. Yes, lot Of it, S1.1O
day
What right have you to condemn
the American Legion and Veterans
of Foreign Wars? You can not be-
long anyway, and if you did you
would be a fly in the ointment.
Now, Mr.. Know-It-All, in closing,
would like to have you come back
with some proof in your statements
about the American Legion and Vet
Grams Of Foreign Wars.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-02-08
BONUS BELONGS TO
WAR VETERANS
BY Albert Tendelman.

BY Albert Iendeiman.
I read in The Times where a
young man didn't sign his name;
he just said "by Junior" I would
at least have nerve enough to sign
my name where he said the eX-
soldiers were a big bunch of noisy
bonus frauds, Just because they want
their bonus that belongs to them
they earned it II years ago. They
did not steal it, it is theirs-right-
fully.
Junior should go to a veterans
hospital and see the right side. I
believe he would change his mind.
Of course, if he hasn't any mind, he
can't change it. A smart man
changes his mind.
I belong to the American Legion
and I am proud of it.
I want to comment on William P.
Booker, for what he said about the
bonus. What he said is right. There
never was President yet who was
for the bonus. All that has been
done is what Congress and Senate
pass over a veto and they know It,.
The President wanted to balance the
budget, but it did not balance, and
they say when all is well, we will
get it.
hope if there is ever another
war some of these men will have to
go and then we will see how they
like it when they have to fight for
81 day while we are earning $40
day. BY then they will probably
want a bonus. Then we can give
them the laugh.
We want just what belongs to US,
more.
By Enraged Veteran.
Junior. would you have served in
H. TTT1rll Wa - x-oY. sIaod hoor1- n1f