davidaulloa/AmericanStories huggingface dataset:
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1936-06-08
6. NJ. SALES SET
NEW RECORD

- NEW YORK, June 8 G.N.S0.
General Motors Corporation to-
day reported the largest May
sales in it's history in a contln-
,uation of the record-breaking
trend of the last few months.
Sales of cars and trucks last
month, Alfred P. Sloan, jr., presi-
dent, announced, to consumers
in this country totaled 194,628,
against 1O9,051 in May last year
and the previous high for the
month of 1882 in May, 1928.
There was a decline from the
200,117 units sold in April in line
with the seasonal trend.
New highs also were set by
other sales. Dealers in this coun-
try took 1919 units in May
against 194,695 in April and 1885,
159 in the same 1885 month.
Total sales, including overseas
shipments, were 222,603 last
month, compared with 9,467 in
April and 134,597 in May, 1885.
For the first five months of the
year sales to consumers in the
United States we're 774,695 cars
and trucks, against 511,053 in the
like 1885 period Dealers bought
792,12S units, against 559,361,
while total sales, including over
seas shipments were 952,237 units
compared with 707,372. on the
first five months of 1885.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1936-06-08
Metal Markets

NEW YORK, June GN.sD,-For-
eign copper buying today was very quiet
with prices lower. Sales abroad today
we're reported at levels corresponding
TO sOS to 9.O75 cents a pound elf Eu-
ropean base ports this compared with
91n cents a pound on Saturday.
Domestic copper markets also were
quiet with price unchanged at $50 cents
a round There was no startling de
velopments last week and sales each
day held in moderate volume. The is
suance of the May statistics, possibly
ate this week is awaited with interest.
Lead markets we're quiet and steady,
with prices unchanged at $50 cents a
pound New York and AS cents East
et louis. The past week saw the de-
rnand ease. but each day produced a
fairly satisfactory volume
Prime Western remained unchanged
St 400 cents a pound. East St Louis.
Demand for tin today was IN small
volume with price lower at 43Ps cents
q pound,
Anthony continued unchanged at ia.
cents . pound.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1936-06-08

per cent in 1885, as compared to
1884. During those two years
moderate profits supplanted the
losses that had occurred during
several previous years. The code
and the improvement in farm
prices, brought about by the Agrt'
cultural Adjustment AdminiStra-
ton, we're instrumental to high
degree in bringing about this re-
covery in the fertilizer industry.
according to the association.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1936-06-08
Fertilizer Convention
Opens at Springs

WHITE SULPHUR SPRINGS.
W. Va, June 8.-Fertilizer men.
representing a large percentage of
companies in that industry, have
arrived here for the twelfth an
nual convention Of the National
Fertilizer Association.
From November 10. 1888. to May
81, 1885. the industry operated un-
der the fertilizer code and was
successful in increasing its sales
by IA per cent in 1884, as COM
pared to 1888, and by nearly IL
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1936-06-08

fractional
Yellow Truck and Warner Bros
Thus it be said that activity either impressive
or significant 1t mostly little profit taking in the higher
priced speculative favortes and attempt by traders to start
something in low-priced issues
Store stocks were easily the outstanding Apparently
influenced by hopes that the coming distribution of funds
among will stimulate buying and backed by re-
ports increased volume of sales such Allied Stores
and May Department Stores showed strength Spege
May Stern reported large gain business Mercantile Stores
the Curb made high.
may be noted that utilities relatively free from
selling pressure during weak spells Although decision by
upheld the constituonaty of the pro-
gram the Public Works Administration hope persists that
the utilities will yet be allowed to retain the benefits of the
large volume of business they doing
Gold shares had good week 1t seems that the drift toward
abandonment of the gold standard by France and Holland
merely nensies the appreciation have for the standard
metal
On the other hand the shares petroleum. "copper" steel
and vegetable oil companies the whole weaklsh and
building issues mostly Disappointing In the case OF STEEL
the labor situation the immediate drawback The oils are
affected by continued fears Of overproducon and were the
only group which did not rise little on Saturday.
In general the main impression that the market
has held up very we'll the face of dscouragng conditions
and that dull reaction has been stopped again at level
preceding low made May 49, This suggests the
possibility that there be underlying trend upward and
that only development of greater certainty concerning taxes
the franc etc. necessary for this trend to show itself
In fact the market has been uncertain about and AFRAID OF
the things for long time that it be found
have discounted the worst that likely happen If So
any certainty about the final outcome will bring strength
1t particularly significant that opinion has around
to the position have held right along namely that definite
revauaon of the franc unlikely and that in no
seriously disturbing repatriation of French funds is prob
able
While nothing certain these days the probability seems
to be that duness and rreguarity will continue pending
() clearer evidence to the possible summer etdown IN
business and (2 political trends No active buying
likely during the next week two. But the action
market during the past five weeks suggests that
thing more than 'secondary' rally bear market IS
way The chances to favor eventual resump
ton of the rising trend.
If the market rallies without sinking to the low Of
Tuesday ago. and goes through the high of last
Monday, it will lok very good to If no-more uncer
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1936-06-08

on four of the six trading days, this may be
called demonstration of firmness. At the
least, it shows that liquidation pressure was
absent.
1t must be admitted, however, that the vol
ume of trading was so small that price move
ments were not very conclusive. The total
shares traded fell below the volume of the pre-
ceding week, and also below year ago
Such activity as there was was mixed Seven
of the dozen most active stocks showed de-
clnes, these being most marked in Westing-
house Electric, Chrysler, U. S. Rubber and
U. s. Steel Four of the more active issues
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1936-06-08
Washington Stocks

SALES
American Security and Trust
Co., 5@258. 5@258. 10@25S.
AFTER CALL
Potomac Electric IS pfd., SOHO.
Capital Transit Co., 1902,
10@12, 7@12.
Mergenthaler Linotype. 25@43.
American Security & Trust Co.,
10@258.
Anacostia and Potomac r. r. SIS,
$1,000@79, $1,000@79.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1936-06-08
u. S. Bonds
New York Wool

NEW YORK, June GNsD.-Pstro-
leum, steady. Crude Pennsylvania, 2129
245. Linseed oil, per ID. s48s.1 car
lots. Turpentine firm, a.. Rosin, strong
common. 500.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1936-06-08
HANEY S:?:;: s s::: ! ; :: s ::
By LEWIS HANEY

Professor of Economics New York University
NEW YORK June S.-Last week stocks lost only about l
point which than they gained in the preceding week. In
Of the market
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1936-06-08

(a) Optional stock cash. (b) includes latest
declaration only (c) Extra cash. (dD Extra n
stock (SI LiquidatinE dividend. (t on account
mutations tg) Paid (m) Special (r) Paid
year. owl With (xw) without
Ex-dvidsnd. 90 Ex rEhtA
Dividend rate in dollars in parSnthOSSs.
Evening star., 1936-07-19

to live in poverty" he continued.
Yet, even as I stand here, l can
see the novels of the cotton land share
croppers. those IN the slums OF the
steel districts.
Now let's talk little bit abol.t
what the Socialist party thinks is nee
essary to get an abundant life. We
think that the profits upon which the
capitalist system rests depend upon
the work of labor.
We are promising you that if you
will organize your unions, your po-
litical parties, you can win the coun-
try.
I'VE believe that capitalism can pay
much bigger old age pension than
the present insecurity law calls for
If thought that it was as simple
as your plan, I'd be for it. You can
get well, but you can't get well under
the capitalist plan. Your tax won't
work.
Cannot Indorse Plan.
LAS a candidate for the presidency
of the United States, cannot in
dorse the principles of the Townsend
plan and the principles of the $780,
month pension plan.
II listened to the attacks the other
day that Father Coughln made.
against the President. am not fight
ing the Democratic party. am fight
ing the Republican party. Why hasn't
Father Coughlin talked more con-
structively. 1t Is Father Coughlin's
feeling that President Roosevelt did
not intervene sufficiently in Mexico on
behalf of the Catholic church.
II wouldn't have to tell you that I
didn't agree with you. ! could tell you
that I agreed with you and you would
cheer me to the echo. But want to
deal frankly with you.
Il think you can attain the security
you want. but you can't do it under
the capitalist system"
AS Thomas waded straight through
his speech. he was interrupted by fire.
quent boos. WITH apparent uncon-
cern, he smiled back at the delegates.
Now what do you think Of that?"
he demanded once, standing tall and
straight above the microphone. toss
ing his fraying head at the audience.
A reverberating boo was the re-
sponse.
Now you have told me what you
think of me. I will tell you what I
think of you,' he threw back at them
and was going ahead but the shouts
became so loud that the chairman had
to pound for order, and finally DR..
Townsend arose and held up his hands
with an appeal for the audience to
grant the speaker at least hearing.
Evening star., 1936-07-19
PREPARES
OPENING ADDRESS
Close Advisers and Staff
Aides Are Scheduled
for Conferences.
By the Associated Press.

BY the AsSocleted Press.
TOPEKA. Kans, July i8.-Seeking
what respite the yellow-bricked execu-
tive mansion offered from baking KAN
sas heat, Gov. All NJ. Landon worked
today On the address which simultan-
eously will accept the Republican pres
idential nomination and formally open
his offensive against the New Deal
The week end was reserved for this
task Of polishing the acceptance speech
Landon will deliver Thursday night.
Only close advisers and staff aides
were scheduled for conferences.
Friends said 1t was the Governors
desire to have his address complete,
down to the last punctuation mark,
before the vanguard Of distinguished
guests begins TO arrive for the notifi-
cation ceremonies.
The Arrangements Committee looked
for upward of $4,000 visitors.
During a morning at the office to-
day, Landon discussed State matters
with the Kansas Tax Commission.
He received also Clark NJ. Eichel-
berger, director of the League of Ma
tion:'' Association, and Walter w. Van
Kirk Of the National Peace Confer
ence.
Van Kirk reported to newsmen that
Landon Shares our view that a wa
can be found to maintain peace" He
advocated a national defense policy
adequate to repel domestic invasion.
strong neutrality legislation, member
ship in the World Court. reciprocal
trade program. currency stabilization.
control of the munitions industry ami
cooperation with League activities.
Evening star., 1936-07-19

ticular poll. w. J. Funk, editor of
the Literary Digest. which has made
quite a thing of political polls in the
past, in an open letter just made pub
lie. shows that DR.. Gallup. who con-
ducts the poll criticized by Michel
son, has gotten under the Funk hide.
Said Mr.. Funk:
Il am beginning to wish that the
esteemed DIR. Gallup would confine his
political crystal-gazing to the Offices
OF the American Institute of Public
Opinion, and leave our Literary Di-
gest and its figures politely and COM
pletely alone. Last week, for instance,
a statement of his was put on my
desk. IT. said he. the Literary Digest
we're conducting a poll at the present
time the actual figures would be in
the neighborhood of a. per cent for
Roosevelt and Sc per cent for Landon. +"
Mr.. Funk said that in this state
ment DR.. Gallup had "speeded right
by us" He continued. We have been
through many poll battles. But never
before has any one foretold what our
poll was going to show before it was
started"
MIR. Funk said the Literary Digest
would continue to rely in Uncle Sans
mails for conducting its polls, despite
the advice of Dr. Gallup to use can
vassers. 1t would, he added. carry
along with its 1886 presidential poll
with those old shioned methods
that have produced correct forecasts
for years past. exactly 100 per cent
of the time"
Well, if there is to be a fight among
the poll takers this campaign. it will
add to the excitement any way.
Senator La Toilette of Wisconsin
now is reported to have postponed his
Progressive Conference" until we'll
into August or later. The Senator is
still in Connecticut on a vacation. He
plans to leave there this week and
drive out to Wisconsin. He may hold
some conferences in Chicago on his
way out. with reference to the Pro-
gressive Conference The Wiscon-
sin Progressives. headed by Senator
La Toilette and his brother, Gov
Philip La Toilette have a problem
of their own. Wisconsin elects a
Governor this year. Philip La Toilette
is planning to run to succeed himself.
The La Toilette Progressives, with the
Evening star., 1936-07-19

the Conner Smith speech, as reported,
to issue statement characterizing
as a 'baseless falsehood' the sugges-
ton that Gerald Smith was in the pay
of the league.
Apparently" said Shouse, "your
province at the Townsend convention
is to defend the New Deal admins
tration. In such circumstances 1t Is
perhaps not surprising that you should
make false and defamatory statements
about the Liberty League. That Is
the considered policy OF the New
Deal"
The effort to stir up support OF q
third party presidential ticket at the
Townsend conference has brought
angry protests from some Of the men
who are seeking nomination for the
Senate or the House in Republican
and Democratic primaries as Town.
send candidates. They fear that any
declaration by the Townsendites for
Lemke, for example, would queer them
in their own races. Byron Defenbach.
who claims he was drafted by the
Townsend organization in Idaho to
run in the Republican primaries for
;he senatorial nomination against Sen
ator William E. Borah. has let out
squawk. In a telegram to the Town
send conference. Defenbach claimed
that his election to the Senate in place
of Borah was far more important than
any attempt by the Townsend people
to follow a third party national ticket.
And so it would be-if it ever hap
pened.
The anti-Roosevelt New Dealers got
plenty of ammunition from Senator
Carter Glass of Virginia, when he
made a speech at Ashland, Va. Friday.
at a celebration in honor of Patrick
Henry. Glass attacked the New Deal
government The Virginia Senator has
done 1t before But this time it hap,
pened to be during the national cam
paign. Also, out in Topeka, j. r. Nc
Carl, who until recently was controller
general of the United States, has come
out with a strong Endorsement Of Lam
don. The people have come to look up
to McCarl as a watchdog of the Treas
ury. What he says will not hurt Lam
don. At the same time, it may be re-
membered that McCarl is Republican
and was actively engaged in politics
before he was appointed controller
general.
The Democrats have been incensed
because of the publication of news
paper polls showing that Landon is
going ahead of Roosevelt in the elec.
toral votes. Charles Nicholson, direc-
tor of publicity for the Democratic
National Committee. takes q shot
today at one of these polls. He said:
Among the most entertaining fea-
lures of the political campaign Is the
jubilation OF the Republican high
command at the announced results of
what Is described as sample poll
OF American voters. This poll pur-
ports to describe the present status
of the voters opinion as giving Pres
ident Roosevelt a popular majority Of
over 100000 and Gov. Landon a
preponderance OF six votes in the
electoral college. The announcement
further states that these results were
obtained by canvass of 105,0 900
voters. -
Suppose somebody, anxious to as
say the political sentiment Of a village
with voting population of a thou
sand, should interview three voters
and from their replies should an
nounce how that village was gong
in the election, how much importance
coulc be attached to that announce
ment?
Yet that Is approximately the
on which the absurd con-
Evening star., 1936-07-19

clusion of last Sundays publication
is based. 1t is about as accurate as
would be determining the complexion
of a thousand chickens distributed
unevenly in 48 coops into which some
body reached hand and found that
the first chicken withdrawn was black.
the second white and the third spec
kled, with slight preponderance Of
dark spots. and so should announce
gravely that while the result indi-
Gated that the white chickens in all
the coops were 20 more than the
black chickens the reports from 48
coops indicated that the percentage
was the other way about That deduc-
ton would be something approach
ing the conclusions drawn by the re-
cent poll.
According to this calculation. Mr..
Landon is safe only in 13 States, with
an aggregate Of 80 electoral votes.
while Mr.. Roosevelt Is safe in "a
States, with an electoral vote of 22e
In order to figure a Republican vic
tory. there had to be included as
probably Republican" II of the
States styled as doubtful. while allow
ing the President only 3.
Included in the States in which
the Republicans are accorded an ad-
vantage are every one of the most
populous States in the East and all
of the most populous States of the
Middle West. In all. the calculation
gives 173 electoral votes on the doubt
full list to the Republicans and only
80 electoral votes on the doubtful list
to the Democrats.
Needless to say the figures do not
at all accord with the estimates made
from Democratic sources. Those who
gamble on elections would be quite
willing to bet that the l3 safely Re-
publican" States will not be in that
column on election day and to give
still larger odds that the eight doubt
full States classed as Republican"
will not show any such advantage
on election day. To put it more
bluntly, the Democrats will only have
to carry any one Of six Of these
doubtful" States to win the elec-
tion-that Is, If they win in New York.
Pennsylvania. Ohio. Illinois, Indiana
or Minnesota, Mr. Roosevelt goes in
for a second term"
Mr. Nicholson is not the only one
who has been irritated by this par
Evening star., 1936-07-19
HAM|LTONDEF|NES
CAMPAIGN ISSUE
Basis Common Sense, Says
G. 0. P. Chairman, in
Pennsylvania Address.
By the Associated Press.

By the Associated Press.
HERSHEY, Pa, July 18.-John D.
M. Hamilton. Republican national
chairman. said tonight the issues in
the presidential campaign are based
upon the question of whether COM
mon sense still Is common sense"
In a speech for delivery at din
ner in his honor after a series of con.
ferences with Pennsylvania party
leaders, Hamilton assailed Demo-
cratic campaign methods. criticized
the Roosevelt administration and pre-
dicted Pennsylvania, as well as "all
the New England States" would 60
Republican in November.
That Mr.. Roosevelt's party intends
to make a desperate effort to win the
So electoral votes from your State Is
as evident as the character Of the
campaign they intend to conduct"
ne said.
Ruthless Party Machine.
ut Is unnecessary for me to recall
to you the political preversion Of un-
employment relief that has taken
place in Pennsylvania ut the hands
of ruthless party machine. In in
stance after instance, the corruption
you have long suspected has been
proved by incontrovertible evidence.
The published history of the de-
truction Of non-partisan relief admin
istration by political opportunities has
yet to be disproved.
The voters of Pennsylvania and
the voters of America are in no mood
to tolerate new instruments OF p0-
liticar power created by any such
methods. Both are foregoing to the
American systematic system mil
lions Of citizens demand be restored.
Constitutional Method.
1T Is the method that has been used
in every crisis of American history. 1t
is the method that the Republican
party will follow in this campaign
1t is the constitutional method. 1t
is the method of laying the facts
before the people that they may
make their own decisions. During
this campaign the Republican party
will not shirk from stating these
facts clearly and fearlessly.
THE facts Of this campaign are
simple; the issues fundamental. They
rest upon the question Of whether
common sense is still common sense;
whether integrity in public life is
somewhat different than integrity in
private life; whether arithmetic ceases
to be arithmetic merely because fig
ures run into billions; whether
scarcity makes abundance: whether
too much debt is cured by more debt
whether thrift and prudence have
suddenly become a sin against society
and waste a virtue.
Evening star., 1936-07-19

support Of Lemke. But the conference
has baked, so far. There Is no par
ticular reason to believe that it will
change its mind and give Lemke an
Endorsement. Lemke, however, has
had a lot of advertising at the confer
ence, through Father Coughlin, Rev.
Gerald Smith of the Huey P. Long
share-the-wealth movement, and
Townsend. himself. Today he must
step out for himself.
The Lemke third party ticket-the
Union ticket-may make trouble for
the Democrats. If Coughlin, Town
send and Gerald Smith campaign for
the ticket, as they have agreed to do,
they may lead many potential sup
porters Of Roosevelt away.
Democratic supporters of Roosevelt
in the Townsend conference have been
in the minority. Conner Smith of
Oklahoma, who has been vice presi-
dent of the Townsend organization,
however, attacked bitterly the plan
to have the Townsendites support
Lemke. During the course Of his re-
marks, Conner Smith charged that
Gerald Smith was in the pay Of the
American Liberty League. That. by
the way, seems to be favorite meth
Cd Of attack by the Roosevelt Demo-
Gratis. They believe that they have
so painted the Liberty League as an
organ of the millionaires that II they
can link the Republicans and the
Lemkeites to the league they will have
accomplished something.
Jouett Shouse, president Of the
Liberty League, thought enough Of
Evening star., 1936-07-19
Townsend

Continued From First Page.)