davidaulloa/AmericanStories huggingface dataset:
Evening star., 1936-02-18
Your Income Tax
Losses on Stock Transactions

Losses on STOCK Transactions.
No gain or loss Is recognized for
income tax purposes as a result of
the exchange of stock or securities in
corporation solely for stock or securi-
ties in another corporation in pursu.
ance OF plan Of reorganization to
which both corporations are parties or
as a result of the exchange Of stock
or securities in a corporation solely
for stock or securities in the same
corporation in connection with O re-
capitalization.
Where money or other property is
received along with such exchanges,
no loss is recognized, although q tax
able gain may result. The statute also
prohibits the deduction for any loss
from the sale or other disposition of
stock or securities where the taxpayer,
within a period Of 80 days before or
after the date of sale or other DISPOSE
ton. acquires or enters into contract
or option to acquire substantially iden-
tical stock or securities.
Important Changes Made.
Two important changes are made
by section 112 of the revenue act of
1884.
Under section 112 (g) of the revenue
act of 1882 no taxable gain was recog-
| nized as having resulted to the re.
cipient stockholders of a corporation
from distribution of stock or securi.
ties in such corporation or in another
corporation, a party to reorganiZa-
ton, without the surrender Of the stock
in respect of which the distribution
was made These provisions are en-
tirely omitted from the revenue act
of 1884, thus giving such distributions
| the status of dividend distributions
paid in property.
The other important change is in the
definition of the term "reorganiza-
ton" as contained in section 112 (g)
of the revenue act of 1884. In Sec
ton 112 O Q) (A) Of the revenue
kact of 1882 the term reorganization"
is defined to mean "a merger or con-
solidation dncluding the acquisition
by one corporation of at least a ma
jority of the voting stock and at least
a majority of the total number Of
shares of all other classes Of stock Of
another corporation, or substantially
all the properties of another corpora
tion)."
1894 Provisions Cited.
The corresponding provisions Of Sec
ton 112 (g) of the revenue act Of 1884
define the term reorganization" as
"(A) a statutory merger or consolida-
ton, or OBJ the acquisition by one
corporation in exchange solely for all
or part of its voting stock; Of at least
80 per centum of the voting stock and
at least 80 per centum Of the total
number Of shares of all other classes
of stock of another corporation; or Of
substantially all the properties Of an
other corporation"
The remaining provisions Of section
112 (g) %. are substantially the same
as the provisions of section 112 O a.
B), (C) and CD Of the revenue act
of 1882.
Evening star., 1936-02-18
Utica Business area Euacuated
As Gas Blasts | gnite Buildings

one walked or drove rapidly from the
district.
The evacuation of the business dis
trict was hurried by fear that gas
might seep into buildings, causing
explosions there.
Several large plate glass windows
were shattered
The injured policeman was Ernest
B. Bonville.
A manhole cover crushed his legs
in an explosion at 1890 am. and he
was taken to a hospital
Fires broke out in the Fraser De-
partment Store in Genesee street, one
of the city'S two largest such estab-
lishments, and in the adjoining Lig-
gets Drug Store shortly after 1890
but firemen quickly extinguished them
The origin of the fires was not imme-
diately determined.
Evening star., 1936-02-18
PREPARES BRUNO
DEATH WARRANT
Trenchard Expected to Fix
New Execution Date
Tomorrow.
By the Associated Press.

AooONAabSa
TRENTON, N. j., February 18.-
Preparation OF q new death war
rant for Bruno Richard Hauptmann
added q pointed element to haste
to day to defense efforts.
Joseph Lanigan, assistant attorney
general of New Jersey. said he would
ask Supreme Court Justice Thomas
w. Trenchard tomorrow to sign the
warrant and sentence for the third
time the convicted slayer Of the Col.
Charles A. Lindberg's baby.
The warrant, expected to be signed
at 1890 am, probably will direct
that Hauptmann be executed the
week Of March % or March 80.
Under New Jersey law, Justice
Trenchard may set any week between
March % and April 13 for the execu-
ton. Custom has favored the fifth
or sixth weeks from the date of
signing.
New Reprieve Doubtful.
Hauptmanns chances for a new
reprieve depended largely on the cur
rent efforts to draw new information
from him.
Samuel S. Leibowitz, New York
attorney. recently employed for the
defense, has announced blunt talk
with Hauptmann has failed to bring
any change in his story.
Gov. Harold G. Hoffman, who
granted one reprieve. reiterated he
has no intention of granting another
unless there are some developments
that Attorney General David T)
| Wilentz and I feel warrant q new
| reprieve.
Would a confession from Haupt-
mann, involving others and necessi-
tating an investigation, warrant an
other reprieve?" the Governor was
asked.
Personally I would think So" he
replied, but I can't speak for Mr..
Wilentz."
"It would be better to have Haupt-
mann alive if he involved others, is
that it?" he was asked.
| II think So" he answered.
| Justice Trenchard Ill.
Justice Trenchard's physician, DR..
Harry Williams, who made arrange
ments for Lanigan to appear at the
Justices home, said the 72-year-old
jurist preferred to attend to the mat
ter Of signing the warrant now. He
said Justice Trenchard. who suffered
from a neck gland infection, was re-
covering and was permitted to sit up
few hours each day.
Meantime, Hauptmann's visitors re-
ported he still was hopeful of es-
Gaping the chair.
He was very we'll satisfied with
his interview with Leibowitz." Rev.
John Matthiesen. Hauptmanns Spir-
itual adviser, said after visiting the
prisoner yesterday.
Mr.. Matthiesen, who was with
Leibowitz during the 3-hour and 40
minute talk with Hauptmann in the
death house, said Hauptmann was
certain his protestations of innocence
would save him.
Leibowitz said in New York yester-
day that Hauptmann was shaking
and stammering all over himself" dur
ing the interview. But it was learned
reliably today that Hauptmann did
not change his story.
The attorney fired question after
question at Hauptmann and told him
the only thing that could save him
was new evidence supplied by Haupt-
mann himself. Hauptmann replied
the story he had told many times
was true.
Evening star., 1936-02-18
BROWN TELLS QUIZ
|. OF ARMS GRAFT"
Exporters Agent Asserts He
Knew of Tricks Used to
Make "Profit."
By the Associated Press.

BY the Associated Press.
william P. Brown, New York ex.
porter's agent, told the Senate NUM-
tions Committee today that he knew
he was dealing with IAN association Of
grafters" in buying arms and ammuni-
ton for Brazilian revolutionists in
1882.
His testimony accompanied intro
duction OF letter which the COM
mittee contended showed how the mu-
nitions business was made profitable"
through assertedly incorrect invoices.
Brown, in his second day on the
stand, conceded that a DIR. Ferrera,
working with him in supplying revo-
lutionists, drew out $96, 900 at one time
in the Fall of 1882 to buy cartridges,
and later returned SAC, 900 with the re-
port he had been unable to accept the
| cartridges and had to resell them at @
$56, 900 loss.
Purchase Never Proved.
Eve have never been able to find
| any evidence that Ferrera ever bought
the cartridges" said Donald Y. Wem-
pie, committee investigator. "All the
evidence indicates Ferrera took $685.
900 and just returned $40, ,000."
Didn't you suspect" Senator Pope,
Democrat, of Idaho, cut in after a
series of transactions had been re-
viewed. that they were grating
that money!"
my imagination ran along that
line" Brown said.
What you expected to be upright
business men turned out to be an
association Of grafters-iSn't that what
you think?"
That's about right" Brown agreed.
Revolt Spurs Inquiry.
With Paraguay in the grip Of sud.
den revolt, the committee resumed Its
inquiry today with increased interest.
Government and diplomatic quarters
read with interest of the situation at
ASuncion, where quick military coup
yesterday shifted the rule Of the re.
public from civilian hands.
There was some speculation as to
what bearing. if any, the revolt would
have on President Roosevelt's proposed
conference Of American republics to
foster peace. The Executive has given
no indication, however, that any ma
tion's internal affairs would be in
| cluded in the agenda.
The committee yesterday produced
evidence that agents of million dollar
gun-running syndicate persuaded at
least two corporations dealing in arms
to bill them in excess of amounts due,
and then rebate the difference.
Evening star., 1936-02-18
YOUTHS BELIEVED
ON WAY TO FLORIDA
Three Powell Junior High Boys
Thought to Have Left on
Bicycles.

Lured by pictures of sunsets seen
through palm trees, three boys, aged
13 and thought to possess 50 among
them, some time yesterday began to
pedal their way on bicycles from
Washington to Florida.
While Steward Poland, 2606 Uni
versity place; Paul Dayton of 2809
Fifteents street, and Randolph HAM
ilton of 1882 Calvert street, rode to-
ward the warm Southland, their
mothers wrung their hands in anxiety
and hoped for their children's quick
discouragement.
All three are students at Powell
Junior High School. They departed
without telling teachers or parents of
their plans, but their playmates had
heard them discuss the advantages
of q Winter in Florida.
Evening star., 1936-02-18
PRESS IS BARRED
AT TREASON" TRIAL
American Vice Consul, However,
Is Permitted at Proceedings
Against Nisselbeck.
BY the Associated Press.

BY the Associated Press.
MUNICH, Germany, February 18.-
The public and foreign newspaper
correspondents were excluded today
when the trial of Charles Nisselbeck,
naturalized United States citizen, for
attempted high treason" was re-
sumed.
Hugh F. Ramsay, United States
vice consul, was, however, permitted
to remain in the court room.
Nisselbeck is alleged to have
brought to Germany from the United
States writings by Otto Strssser, the
exiled chief of the anti Hitler black
'front.'"
Evening star., 1936-02-18
SWANSON'S CONDITION
STILL HELD SERIOUS
Cabinet Members Physician.
However, Said He Slept
Well Last Night.

Secretary Swanson still was in q
serious condition in Naval Hospital
today, suffering from pleurisy, Capt.
George G. Thomas, commanding the
institution, said. The Secretary slept
well last night, however.
There has been no change from
last night in the Secretary's condi-
tion," said q bulletin. "The pleurlsy
is confined to the left side, where ne
was injured, and has not spread. There
Is no evidence of pneumonia"
The cabinet officer incurred pleurlsy
as the aftermath Of a fractured ND
sustained when he fell in the batn
room at his home.
Evening star., 1936-02-18
Speaks on Australia.

The return Of wheat and wool prices
to normal during the last year or
two has restored prosperity in Aus
tralia, according to Albert ]. Robin
son, managing director Of print
ing firm IN Sydney, Australia, who
spoke ut the Graphic Arts Associa-
ton meeting yesterday ia the Raleigh
Hotel. He d visiting at the home OF
Alton q. Carly. 1884 Harvard street.
Evening star., 1936-02-18
Charles TO,Ur1 Girl
Baked in Marriage
To Chicago Youth
Father, Brother and Po-
IicenlGll ArriUe Here
to Take Her Home.

Love, which laughs at locksmiths,
frowned at father early today as Eileen
Osborne and John Robert Greelman,
who both claim 10 years, were frus-
trated IN their wish to be married.
The girl, who lives In Charles Town.
W. Va, met the boy, resident Of
Chicago, a month ago in the West
Virginia town while Eileen's father
was travelling in the Middle West.
They fell in love and yesterday
came to Washington to be married.
They obtained q license, but before
they could use it, Eileen's father,
brother and Officer William Ambrose
of the Charles Town police force ar.
rived here and escorted the bride-to.
be home.
Osborne said his daughter was
only 10.
Evening star., 1936-02-18
SERVICES CONDUCTED
FOR MRS. WATHEN, 72
Special Dispatch to The Star.

Special Dispatch to The Star.
LEONARDTOWN, Md, February 1s.
Requiem mass was held for Mrs,
Margaret Wathen, u, of Society Hill
Farm at the ST. Aloysius Roman Cath
olic Church here yesterday by Rev.
Father Joseph Sheridan Knight.
Mrs. Wathen Is survived by her hus-
band, John T. Wathen, and six chill
dren, Richard, John e. and Mitchell
Wathen, and Miss Maize Wathen. all
of Society Hill, and Mrs. Margaret
johnson of Loveville and Mrs. Blanche
Rebber. Interment was in the church
cemetery.
Evening star., 1936-02-18

Bonds are caShabLe after June IS on
1945 vulue OF adjusted compensa-
ton certificates.
By the Associated Press.
The administrator $500 900 900
soil conservation-s subsidy farm bill to-
day was given the right of way for
consideration in the House tomorrow.
The Rules Committee approved a
resolution to allow five hours of gen.
eral debate on the legislation passed
by the Senate Saturday by a 56-to-20
ballot.
The rule was granted after a brief
statement by Chairman Jones Of the
Agriculture Committee. Republicans
Of his committee had agreed to the
procedure. Representative Martin,
Republican, Of Massachusetts, assist
ant minority leader, said there would
be no difficulty in passing the bill by
Friday.
Some Republicans were expected to
oppose the passage Of the permanent
State cooperative features of the
measure without prior public hearings
and to insist on restricting the use of
land taken out Of production.
No Differences Seen.
Jones told the Rules Committee the
House bill. which will be substituted
for the Senate measure. contained mo
fighting differences" with the Senate
plan. He indicated his opposition to
the Senate provision for embracing
rivers and harbors work under the
soil conservation set-up Of the tenn.
porary program, which may not be
extended beyond December 81, 1887.
Under both measures, until the end
of next year the Secretary Of Agri-
culture may extend benefit payments
to producers for conservation and
economic land use. If States set up
plans. the payments may 60 through
the States during the temporary two
year section of the bill. After two
years, subsidies would 60 to States
only.
A $2,8S9,751 ,s05 appropriation bill
went into conference today between
House and Senate with no expectation
that funds involved will be decreased
Included in the measure, nominally
| the supply bill for independent
agencies of the Government, are pro-
visions for $1,730, 100000 to pay the
veterans bonus and $440. .000, 900 for
the new farm subsidy program.
Other important items in the bill:
Veterans Administration, $685.
727, 900, exclusive of the 81, ,730, ,000, 900
for the bonus
Securities and Exchange Commis-
sion, S4,238, 900.
Interstate Commerce Commission,
$7,089.550.
Communications Commission, ST.
474,00o.
Federal Power Commission, ST.
100000.
Federal Trade Commission. s1,43s,-
900.
National Labor Relations Board,
$735, 900.
Evening star., 1936-02-18
British Ship Relocated.

SOUTHAMPTON. England, Febru-
airy 18 [P.-The British motorship
Winchester Castle, which ran aground
off Portland Sunday night and was
refloated several hours later, arrived
here yesterday under her own steam.
More than 800 passengers remained
on board and we're to be landed here.
Evening star., 1936-02-18
VINCENT AST0R SAILS

Takes Guests on Cruise in Mexi-
can Waters.
SAN PEDRO, Calf, February 1s
R.-Vincent Astor of New York
sailed yesterday on his yacht.
Nourmahal, for a fishing trip In
Mexican waters, and q cruise to New
York via the Panama Canal.
Guests included Lady Patricia
Ward Of England, Prince Serge
Obolensky, and Ethel Borden Harri-
man, scenario writer. prominent
socially.
Evening star., 1936-02-18

Ever since it came rafting over the radio hardly
q day has passed without story from Govern
ment sources of the determination of the admin
istration to pare expenditures.
There is q real scramble going on to give some
show of making good, however belatedly, the
economy and balancing pledges of the
1882 Democratic platform. The parable of the
prodgal son. which Gov. Smith stressed. has taken
hold.
What with the bonus to pay, farm relief still
going on, and two more billion for w. p. A. in
the ofnng, retrenchment talks the iimsiest win
dow dressing. Something can be done by juggling
figures, listing the mounting deficits as extra
10. ,,.-fo~,,erca that fe a5isnce has ta01,r Ia
Evening star., 1936-02-18
DORMANT ROMANCE
BLOOMS ONCE AGAIN

Years Ago, File Intention
to Marry.
BY the Associated Press.
BOSTON, February ia romance,
dormant for q half century, bloomed
again today for Mrs. Annie E. Coburn
and Calvin j. Morse.
The couple filed marriage intentions
yesterday. She gave her age as u.
He is rs. ....
Fifty years ago, as residents of
nearby Sudbury, the couple were, as
she put it, more than Just neigh
bors." Then-and neither would say
why-they married other mates.
Morse's wife died several years ago.
Mrs. Coburn and her husband were
divorced.
Neither would say when the cere-
mony would be held.
Evening star., 1936-02-18
400,230 China Dogs in Group.

The worlds largest collection oi
china dogs, numbering 400 o,23o, i
owned by a high school teacher In
Milton, Mass.
Evening star., 1936-02-18
What's What
Behind News
il, Capital
Coughlin Attack Stirs
House-McMullen
Trial Holds Interest.
BY PAUL MALLON.

BY PAUL MALLON.
-ATHER COUGHLIN has pene-
trated the robust hides of
House Democratic leaders. His
Il radio attack on them for bot
Ting up the Frazier-Lemke imitation
bill has stirred them more, personally,
than anything this session.
Evening star., 1936-02-18

budgetal items. but it's performance that q
see through.
tcopyrisht 1885,,
Evening star., 1936-02-18
The National Scene
BY ALICE ROOSEVELT LONGWORTH

CONSIDERABLE opinion as to the enecti
of Gov Smiths speech but there
whom has a noticeable effect Preside
Evening star., 1936-02-18
NEW FARM BILL
G|VENPREFERENCE.
Five Hours General Debate
to Be Allowed in House
Tomorrow.

BACKGROUND
New Deal substitute for inval-
dated A. A. A. is program OF Fed
erdl subsidies for soil conservation.
Operation OF program Is expected
to cost sac, ,000, 900 during coming
months.
Settlement of peterans' bonus
obligation In baby bonds has been
estimated as costing $2,491, 900, 900.
Bonds are cashable after June IS on
1945 vdlue OF adjusted compensa-
ton certificates.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1936-10-03
Today In History

1775-Benjamin Church, sur
geon-general, found guilty, with
Gen. Washington presiding, of
"holding criminal correspondence
with the enemy"
1836-Cornerstone of a four
story brick building laid at South
Hadley, Mass, for newly-charter-
ed Mount Holyoke Seminary (now
College,.
1875-Hebrew Union College.
. Cincinnati, formally opened.
191S-Thousands of cases OF
Spanish influenza reported from
training camps.
1929-Conviets at Colorado
State Prison mutiny-7 guards
and 5 conviets killed.
1931-Pope pleads to Chris
| tan world to aid the unemployed
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1936-10-03
fSPORTS \
BY OVE ZA1
THE VOICE OF
THE KEYS
By CHARLES D. CRAVE,
Ramrod Key, Fla.

Who was responsible for that
grand fiasco, the first World Sc
ries game of 1896? This radio
and baseball fan cannot conceive
of more glaring evidence of lust,
or wasn't taking advantage of the
situation. After the third inning,
according to the worthy announc-
ers, l had the pleasure to hear
that the infield became practical
ly a duck pond, and the pitchers
box a mud hole.
7 Did they consider the trouble
incidental to giving out rain
checks, giving something for moth
ing. considering their losses only,
and forgetting the public and the
value and health of their players,
or, if they should be responsible.
guess the big mogul is getting
too old for the job, and is possibly
taking dictation, which is not go
ing to help our Grand Old Game.
Then, possibly, Mccarthy may have
wished to take advantage of his
! lead, and in his selfishness would
! not submit to a called game, which
. was evidenced by the rapidity with
which the fifth inning was played.
If my memory serves me right,
Ruffing, under possible instruc-
lions, sure did bear down to get
it over with. He just pitched his
head of, but after that Terry no
doubt got stubborn and insisted on
prolonging the agony, regardless.
But right here, just mark 1t
down in the book, that old John
McGraw would have fought to
have the ball game called when ne
, knew there was no hope of the
weather clearing. He loved and
nursed his men, and you can bet
your last trouser button that Mat
thewson would not have been per-
mitted to stay in more than one or
at the outside, two innings, in the
rain.
| The game resolved itself into
a matter of breaks. Imagine a
player fielding ball, soggy, from
a water-soaked diamond with any
degree of certainty. Think of a
iyoungster in Tony Lazzeri's, place
when that bounder took wrong
! hop. Tony can take it, for he has
gone through the mill, but a rock
lie would grieve and possibly lose
his head, True, I have seen many
a world series played in cold
weather, but, of course, that makes
the game fast and gives the play
ers pep. But tell me whenever q
game was played through six in
nings of rain, so bad that the
bleacherites took to cover. Having
been one of them for many years
. I know they are the real enthus
lasts, and know and love their base
ball.
The old story that it is as fan
for one as the other is all bunk
as many valuable players hav'
been ruined for life through slil
: or a slide under those circum
stances.
: 1 believe there are lots like my
self who would like to know tn
. inside story just to satisfy ou
4 mind so as not to lose interest il
5 the great sport.
Here's hoping that these condi
tions may be remedied in orde
that the same interest may b
manifested in the remainder of Ia
n games to be played.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1936-10-03
PHILIPPINES PLAN
ON COAL RESERVE

tBy Associated Presxl
MANILA, Oct. 3.-Enough coal
to meet the needs of the common
wealth government for 10 years
has been blocked off in the gov
ernment-owned Uling-Naga field.
The area is estimated TO con-
tain 100000 tons, valued at ST.
100000.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1936-10-03
DISCUSS issue
CITING IMPORTS

MANILA, P. L, Oct 3.-The
Philippine Commonwealth cabinet,
headed by President Manuel L.
Quezon, discussed recently the
question of admitting American
imports to the Islands free from
new taxes.
The plan would be designed TO
encourage greater consumption
of American goods and at the same
time promote better future busi-
ness relations between the United
States and the Commonwealth.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1936-10-03

PORTSMOUTH, Eng. - Mrs.
Ella Holden of this city asked the
police to take charge Of her g.
year-old daughter, whom she de-
clared ineorrigible.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1936-10-03

Prentiss B. Gilbert, American
consul at Geneva, born at Ro-
chester, n. Y, SO years ago.