davidaulloa/AmericanStories huggingface dataset:
The Waterbury Democrat., 1936-10-06

organizations in the United States. Though not parallel, the comparison between corporations net incomes to their fixed charges is close enough for the purposes of this illustration.
 A summary of 403 industrial cor- porations over 8 period of years shows that in prosperous times their net incomes averaged as much as 10 times their fixed charges, to wit: interest. By 1881, however, these same corporations netted only slightly more than three times their interest charges. In 1882 their net income was less than one-half their interest charges.
 Says Industry Improved
 But in 1883, after 10 months oi the Roosevelt administration, their net incomes were back to four times their interest charges; in 1884 the ratio was almost 6 to l, and in 1885 it had climbed back to 10 to 1.
 Utilities, hitherto generally re- garded as more stable than indus tries, show an even more remark able record in comparison with that of the government. Even in the prosperous times of 1928 and 1929, the ratio of utility net income to fixed charges seldom exceeded to 2. Utilities net income for p com panies dropped below fixed charges in 1882 But these companies have been slowly recovering. The net in- come for this same group in 1885 was almost equivalent to interest.
 And when we compare the gov- ernment debt of the United States with other great government debts, the sane conservatism of the Roose- welt fiscal policies shines out like 8 good deed in wicked world.
 It is difficult to obtain figures of governmental revenues of foreign countries comparable in accuracy to our own. So this comparison Is made between debt and the best estimates of total national income instead of actual governmental revs enue. On this basis the British na- tional debt is about 175 per cent of the British national income. The French national debt is almost dou- ble Frances national income.
 Based on comparable estimates the gross debt of the United States government is only slightly more than one-half our estimated an- nual national income.
 
 DenOunces Debt Scare
 It will be readily understood, therefore, how utterly false Is the assumption by those who wish to make political capital that we are heaping upon ourselves or upon our children an indebtedness which is out of proportion to our wealth, our population, and our earning ca. pacity.
 It ought also to be stated that while, as 6 result of the depression. the debt of the United States gov- ernment has been increased by 10 billion dollars, the total national indebtedness, public and private, corporate and individual, has been decreased by about 20 billion dol lars. We cannot talk about the in- debtednesS of the American people simply by referring to the debt of United States government. This constitutes only a small proportion of our total indebtedness.
 The total indebtedness is made up of all forms of public and pri- vate fettI, nc. only federal but
The Waterbury Democrat., 1936-10-06
Over Hundred Made By City Officials
 Up To Noon Hour
With Approximately 4,OOO on TO-Be-Made List Regis trars Facing Busy Session for Remainder of Week;
 HOnOrs Credited to First Man, Woman to Report

respectively. Samuel Mccormack is doing private check work on voters committees. James Leary is per- forming similar work for the demo- cratic town committee.
 Many of those made electors to- day did not sign up for either prin- ary lists of the major parties. How ever, of those who did sign up the ratio was four to one in favor of the democratic party.
The Waterbury Democrat., 1936-10-06
N. U. s. J. No. g

Unit No. 9 of the National Uniox for Social Justice will meet tonight at Building Trades hall on ScoyiIs street at 8 o'clock. All members e this unit have been requested to ha present.
The Waterbury Democrat., 1936-10-06
FUNERALS

The funeral of Mrs. John J. Sic bert was held this morning at 8:l5 o'clock from the Lunny Funeral Home, 25 Central avenue, to St. Cecilia's church where a solemn mass of requiem was celebrated at g o'clock by Rev. Myron Miller of Hartford assisted by Rev. Peter Cuny, deacon and Rev. Patrick Fox, of Hartford, sub-deacon, Rev. Ar thur Cavanaugh of Hartford, mas ter of ceremonies. Rev. John Con- nor was seated in the sanctuary. Burial was in Riverside cemetery with committal services by Fathers Miller and Cuny. The pallbearers were: Frank Reed, Robert Herr, Albert Scheer, Walter Miller, Will liam Leary and stephen Gyuriscko.
 The funeral of Bruno Wehrmann will be held tomorrow afternoon at 2:30 o'clock at the Clark Funeral Home, 20 State street, Rev. Dr. John N. Lewis oft1ciating. Burial will be in Riverside cemetery.
 The funeral of Italo Santopietro will be held on Wednesday morn ing at 8 o'clock from the home, n Division street to St. Lucys church where a solemn mass of requiem will be celebrated at g o'clock. Bur- ial will be in Calvary cemetery.
 The funeral of Thomas D. Bulger former resident of this city, who died Saturday in Cobourg, Ont, was held this morning from the home in Cobourg to St. Michael's church, that city. Burial was in the family plot in Cobourg. MT. Bulger was a brother of James and John E. Bulger, vice-president of the Citi- zens and Manufacturers bank. this city.
 The funeral of Joseph Darnieder was held this morning at 9:30 o'clock from the home, 315 Millville avenue, Naugatuck, to St. Francis church, .Naugatuck, where solemn high mass was celebrated at 10 o'clock. Burial was in St. James cemetery, Naugatuck.
 The funeral of Robert Carter was held this morning at 8:l5 o'clock from the Mulville Funeral Home, 270 West Main street to Sacred Heart church where 8 solemn mass of requiem was celebrated at g o'clock by Rev. John Dial aSsis- ted by Rev. Sebastian Pagano, O..
The Waterbury Democrat., 1936-10-06
Son InheritS

The entire estate of the late L. R. Macaulay will go to his son, William MacauIay, of Chase Park avenue, according to the terms of the will, filed in pro- bate court today.
 The document provides that the entire estate shall go to the testator's wife, Mrs. Wilhelmina Macaulay, and her heirs. Mrs. Macaulay died before her hus- band, however, and the son be- comes sole legatee.
 The will was drawn October s,
The Waterbury Democrat., 1936-10-06


 The result of this situation is that MT. HoOver's interest charges in 1893 amounted to $689 per year, while MT. Roosevelt's in 1886, are $749 per year.
 Mir. Hoover's income was three times his interest charges.
 But Mir. Roosevelt's income IS FIVE AND ONE-HALF times his interest charges.
 Simpler Mathematics
 The mathematics of this proposi- ton cannot be denied. No amount !. of partisan politics can change it.. As you have probably surmised, the MT. Hoover to whom I am referring was president of the United States. The Mir. Roosevelt referred to now occupies that high station. The fg- urks I have used represent the mil- lions and billions of government debt, government revenue and gov- ernnaent interest charges taken from the treasury statements and reduc- ed to the simpler term of thousands, to make them comprehensible to the man of moderate means and ordinary financial experience.
 < Not only can any banker under stand the last comparison which l have made, but any investor who has ever read a prospectus or exarn- ined a corporate balance sheet should not only be able to under stand biit t0 feioice. Under PreSi- dent Roosevelt the governments irl- come, its tax revenues from all sources were 5tk times the govern ment's interest charges.
 Under President Hoover, though on c smaller net debt, the interest charges were only smaller in ac- tual amount by some 60 million dollars, but the income out of which they had to be paid was only three times their amount. In other words, although as a result of the depression President Roose- welt has been compelled to in. crease the national debt to a net amount about equal to the increase under MT. Hoover, yet the income 7 of the treasury under MT. Roose- welt is 5h times the governments interest charges, while under MT. Hoover 1t was only three times tf1Nse charges, notwithstanding MT. Hoover,s increase in taxes during his administration.
 bs
 Claims Superb Finance
 The criterion by which every lender and every wise investor judges an enterprise is this ratio of earnings to interest. There is no more reliable index of economic health in any business than this criterion. In business 1t is as impor- taat as the doctors thermometer and the pulse count in measuring physical health. Alongside this showing, as indicated above, the screams of some of the recovering industrial and financial patients, to the effect that our government Is . plunging headlong into overwhelm- ing debt, are nothing but hysterta; any wise medical man recognizes and ignores them.
 The superb health which is indi- cated in our governments financial system at this time is fully demon strated by a comparison of it's status with similar ratios among private corporations.
 In order that comparisons may not become odious, we may take a summary of some corporate ratios published in the middle of August by one of the foremost statistical
The Waterbury Democrat., 1936-10-06
BOTH SIDES
 of fl1e CAMPAIGN
etp S
BY ALIEN w. BARKLEY
 Senator Kentucky In public indebtedness consider condition of the debtor his income in proportion to nhnfnrn fired kn he n

debt and the interest required to be paid in the debt YAt us assume that in 1883 man-for convenience W6 win cal him nET. Hoover-had an income of S20oG per year. His indebtedness on which he was re- nuired to pay interest amounted to &2253e. Let US assume that in 1888 another man-for con- pA5,ie,ce calI him Mir Roosevet-had income of Slils per year, and owed $SST7e on which he was re- qured to pay interest.
 Our Mr Hoover, considered by many to be an ad- yniYabIy cautious business man, had not hestated to asSIime debt which was more than 10 times his niial income in 19S3
 But for 1936 this MT. Roosevelt to whom we have xeferred is indebted in amount only seven times his annual income.
 On account of the generally more healthy state of fis business Mr. Roosevelt was able to reduce his i
The Waterbury Democrat., 1936-10-06
DIED

HINE-In this city, Oct. 9th, 1s36, Edward H. Hine, of "A Starview Ave. Funeral tomorrow evening, from Alderson Funeral Home, 70 Central Ave. Burial in Evergreen cemetery
The Waterbury Democrat., 1936-10-06

IN MEMORIUM In loving memory of George w.. Miller. who departed this life on October 4, 1885. (Signed)
 HIS WIFE and CHILDREN.
The Waterbury Democrat., 1936-10-06
- SPOILIGHTZNG Brass City News

1883. The son has ben appoint ed execntor.
The Waterbury Democrat., 1936-10-06

state, county, municipal and dis trict. It includes railroads and in. dustrisl indebtedness, it includes all outstanding bonds of private cor porations and of public agencies. It also includes indebtedness of farms and homes, and mortgages on real estate of every character.
 When we consider that the finan- cial policies of the Roosevelt ad- ministration have been instrument tai in reducing the total indebted ness of the American people by more than 20 billion dollars, we have no cause to worry over an irl- crease of 10 billion dollars in the debt of the United States govern ment, especially in view of the fact that the governments income is 5h times the interest charges upon the increased indebtedness.
 NEXT: Representative Chester c, Bolton, chairman, Republican Congressional Campaign committee. discusses "the most stupendous propaganda machine in the history of man."
The Waterbury Democrat., 1936-10-06

CTC cet but Mir Hoover back in 1885, in spite of his
 bankers had been required q f- cent an
The Waterbury Democrat., 1936-10-06
Enjoy Relief Before You'pe Finished Dressing

- because real BAYER ASPIRIN tablets are ready to start working almost the instant you take them. (Note illustration.)
 So. next early morning headache you have, try this way. Get real Bayer Aspirin now for only 15f - two full dozen for a quarter. Ask for it by it's full name BAYER ASPIRIN; not by the name ''aspi- rin" alone.
The Waterbury Democrat., 1936-10-06

The funeral of Bruno Wehrmann will be held tomorrow afternoon at 2:30 o'clock at the Clark Funeral Home, 20 State street, Rev. Dr. John N. Lewis officiating. Burial will be in Riverside cemetery.
Evening star., 1936-03-18
BOARD TOPR0BE
LIQUOR ''T|E-UPS'
Wholesalers Reported Gear
rying" Small Retail
Dealers.

Investigation Of alleged "tie-ups'
between some wholesale and retail in
terests in the liquor business here was
to be started today by the Alcoholic
Beverage Control Board at the direc-
ton of Commissioner George E. Allen.
Aroused by statement by one re-
taller that liquor wholesalers were
carrying" some retail dealers who
we're finding it difficult to make pay
ment, Allen called on the board to in
vestigate the report and whatever
detailed information can be procured
of such alleged combine"
Allen seeks to ascertain II more
than reasonable" credit is allowed
retailers by wholesalers and, if so,
whether it amounts to violation OF the
liquor law, which specifically contains
prohibitions against relations or con-
nections between retailers and whole
salers.
The report of wholesalers Garry
lllk ICLd4lCIS NGao 6ANC44 yOoSSAAu ANA
ing the protracted hearing before
the Commissioners on the recon-
mendation of the A. B. c. Board for
gradual reduction of the number of
permits for the sale of bottled liquor
from 400 to 300. The statement was
included in an argument by one
speaker for approval of the limita-
ton.
The limit was approved in split
decision by the city heads. Allen
dissented from the vote of Commis-
sioners Hazen and Sultan. He in
sisted the placing of limit of the
number of licenses raised fear of a
permit and real estate racket" To
limit the number of permits would
boost their value and enable dealer,
leaving the business. to demand thou
sands of dollars from an applicant
for its transfer. he argued.
The investigation apparently will
hinge on what is held to be reason
able" extension of credit by whole
salers to retailers.
If it is found that an unreasonable
amount of credit is extended or that
wholesalers are otherwise unduly aid
ing the retailers to stay in business,
then we have back with us the tied
house, one of the particular elements
of the prohibition days that we
tried to prevent in the drafting of the
District liquor act" Allen said.
This Is one reason why I am
definitely opposed to the placing OF
any mathematical, arbitrary limit on
the number of permits. 1t opens the
door to a monopoly, as well as giving
Government protection to those who
obtained permits before the limit
was adopted.
Furthermore, If reputable person
comes along now. meets all require
ments of the liquor act, and applies
for class A permit for place where
there is need or desire for such q
store, why should he be barred? Un-
der this rule he would not even bt
given hearing, since there are nov
400 permits. It's wrong"
Evening star., 1936-03-18
GEORGE H. ELLIS, SO,
4 RETIRED PRINTER, DIES
Native of Vermont Had Been
Resident Here Since Boyhood.
. Funeral Rites Today.

s. George H. Ellis, 6S, veteran Wash
ington printer, died Monday at his
home, 500 Concord avenue, after a
long illness.
Funeral services were to be held at
3 pm. today at the residence, with
Rev. DR.. S. G. Coale, pastor of the
Brightwood Park M. E. Church, OFF,
ciating. Burial will be in Glenwood
Cemetery.
. A native Of Middlebury, VT, Mr..
Ellis had been resident Of this city
since boy. He was the son Of the
late Harvey G. Ellis, veteran Govern
ment Printing ONCE employe.
\. Mr.. Ellis retired from employment
DC the News in 1884 because of i'll
health. He was member of the
Modern Woodmen Of America and Co.
iumbia Typographical Union. He is
survived by son, H. Howard Ellis,
and q granddaughter.
Evening star., 1936-03-18
PARK POLICEMAN
SHOT AFTER ROW.;
WIFE QUESTIONED
John F. Connolly, 46, Dies in
Hospital From Wound
in Chest.
DAUGHTER TELLS
OF HEARING SHOTS
Son of Couple Admitted to Hos
pital for Slashes Said to Have
Been Self.Inficted.

A family quarrel that developed
during a st. Patrick's day celebration
ended fatally for Park Policeman John
F. Connolly early today when he was
shot with his own service revolver in
his apartment at 1920 Eighteenth
street.
His wife, Mrs. Alice j. Connolly, 38,
was held by police, but no charge
was placed against her. Informed OF
her husbands death while being ques-
toned at police headquarters, she col
lapsed.
The 46-year-old officer died IN
Emergency Hospital at $40 am, about
five hours after the shooting. Shot in
the chest, his body was taken to the
morgue for an autopsy ordered by
Coroner A. Magruder Macdonald.
About the time Connolly was taken
TO the hospital, his son, John. Jr., 20,
well-known public links golfer, also
was admitted for treatment for slashes
on his chest, said to have been SELF
inflicted during drinking party in
the 1900 block of Meridian place. The
youth won the public links champion
ship in 1884 while member of the
Roosevelt High golf team.
The shooting occurred shortly after
the Connellys returned home from q
restaurant in the 2100 block of P
street. Both had been drinking, po-
lice were told, and had argued before
leaving the restaurant.
Frances Connolly, 18, said her par
ents came in with a woman friend
shortly after she arrived home from
a bakery where she is employed. The
friend left and Connolly and his wife
went to the front Of the apartment,
where Frances said she heard them
talking in loud tones.
Frances told police she left the
apartment to try to find a taxi for
her parents friend. When she re-
turned, she said, her father was lying
on the bed fully clother, while her
mother stood in the doorway looking
at him. Mrs. Connolly said her hus-
band had been chasing her around
the kitchen.
Mrs. Connolly asked where her huS-
bands revolver was, but Frances told
her mother she did not know.
Frances went to another room and
while there heard a shot. Running
back to the bed room, the girl found
her father clutching his chest and
her mother holding his .38-caliber
revolver as though she intended to
shoot herself.
Frances said she ran to the street
for help and was returning to the
apartment when she heard another
shot. The second bullet had gone
through the bed, not far from where
Connolly lay.
Frances said she often hid her
fathers gun, fearing her parents might
attempt to use it during their dis
agreements.
Besides their grown son and daugh-
ter. the Connellys' other children are
William, IL, and Mary, 9.
According to police, John Con-
nelly, jr, attempted to carve his
initials" on his chest with a razor
blade during a party. His wounds
were described at the hospital as mot
serious" and he was discharged after
treatment.
Evening star., 1936-03-18
WOMAN INDICTED
IN KILLEEN DEATH
Manslaughter Charged to Mrs
7 Lillian Maddox at
Rockville.
Special pispatch to The Star.


ROCKVILLE, Md, March 18-Mrs.
Lillian Maddox of Washington was
indicted today on a charge of man.
slaughter in connection with the shoot
ing of Eddie Killeen, Washington
gambler.
The indictment was one of a group
of seven returned by the Montgomery
County grand jury. Mrs. Maddox is
at liberty under $4,000 bond. She was
arrested after Killeen was slain at his
home on Conduit road last Fall as the
climax to what police claim was a
drinking party. The officers say she
confessed, claiming elf-defense.
After returning the indictments, the
Jury embarked on a tour of county
institutions.
Evening star., 1936-03-18
SENATE HEARINGS
ON D. c. BILL DELAYED
May Not Get Under Way Before
Next Week, Due to Work on
Another Measure.

Senate hearings on the 1887 District
appropriation bill may not get under
way until the first part of next week.
The District Subcommittee, headed by
Senator Thomas, Democrat, of Okla
homa, had tentatively set today or to-
morrow for its first meeting, but
another appropriations subcommittee
has been working this week on the
agricultural supply bill.
While it is still possible for the
District hearings to start Friday, no
definite arrangements had been made
today.
Evening star., 1936-03-18
$500 Plane Tried in Germany.

Trial flights at Mannheim. Ger.
many, of new type Of airplane which
can be produced for about $500. are
reported to have been successful.
Evening star., 1936-04-02
DEV0TEE OF JIU.JITSU
PUTS BANDITS TO FLIGHT
William Seay Wrests Pistol From
One of Trio Attempting to
Hold Him Un.

Three colored would be hold-up men,
frightened into flight when they at
tempted to victimize William w. Seay,
%, of 211 Eighth street southeast, a
devotee Of jiu- -jitSu, were sought by
police of the fifth precinct today.
The bandits approached Seay on the
sidewalk a few doors from his home
at 11:45 pm. yesterday and told him
he was being held up. One poked q
nickel-plated revolver into his stomach
while the two other grabbed his arms
Undaunted, Seay, with q few quick
twists, tossed the arm-holders from
him and seized the gun. The bandits
fled. Seay raised the pistol, aimed
and pulled the trigger. There was
only a click. The gun was found to
be unloaded when Seay told the po-
lice Of the attack.
Evening star., 1936-04-02
CADET CORPS DRILL
POSTPONED A WEEK
Weather Forces Delay in Maneu-
vers of High School Groups
at Central Stadium,

Because of inclement weather, the
regimental drill of the Washington
High School Cadet Corps, scheduled
for today. this morning was postponed
until next Thursday. 1t will be held
at the Central High School stadium.
The announcement was made from
the office of DR.. Stephen E. Kramer
first assistant superintendent of schools.
DR.. Kramer will award prizes in the
battalion and band competitions held
last week, and also the regimental
drill victors. Woodrow Wilson High
School won first place for the best
drilled of the II contesting battalions
A silver cup will be awarded this win
ner and its commander, Maj. James M.
Moser. will be awarded a gold medal
The Craigie Cup is also included In
other awards to be made next week.
Evening star., 1936-04-02
SIM0NDS MEMORIAL
WILL Be HELD SUNDAY
Frank Kent Will Deliver Address
of Tribute to Famous Editor
Of Nofhadra1
at Cathedral.

Memorial services for Frank H.
Simonds, internationally known editor
and historian, who died at his home
here last January, will be held in the
Great Choir of Washington Cathedral
at 2:45 pm. Sunday.
Frank r. Kent, political columnist
of the Baltimore Sun, will deliver the
commemorative address Services will
be conducted by Canon Albert H.
Lucas, headmaSter Of st. Adams
School for Boys
Ushers will be William r. Castle,
former Undersecretary of State and
a classmate of Mr.. Simonds at Har-
ward University; Edwin N. Lewis. edi-
tor of the Cathedral Age, and Lowell
Mellett, Washington newspaper editor.
Music will be furnished by the Ca
thedral Choir. Friends of Mr.. Simonds
are invited to attend the services.
Evening star., 1936-04-02

cials attended. Nellie received in
gown of crepe, with pink headdress
trimmed with innumerable beads, two
garters and earrings to match. Her
presents included cabbages, punches Of
carrots and piles Of bananas and nuts.
Nellie gave a mouthorgan solo, and cut
an eight-candled cake.
Evening star., 1936-04-02
GOLD BOND PAYMENT
SUIT Is DISMISSED

Justice Gordon Holds With q. s.
in indianapolis Attorneys
Liberty Loan Case.
Justice Peyton Gordon Of District
Supreme Court late yesterday dis
missed suit brought by John Ogden,
Indianapolis attorney, to enforce pay
ment In gold Of the face value Of
$4,000 worth Of Fourth Liberty Loan
bonds.
Ogden, who relied on the contract
appearing on the face Of the bonds,
told the court he had demanded pay
ment in dollars Of 25.8 grains Of gold
content and payment had been re-
fused.
Opposing the suit, Assistant Attor-
ney General James w. Morris argued
that the United States had not con-
sented to be sued; that the suit was
prohibited by Congress and that Og-
den had an adequate remedy at law.
Justice Gordon sustained the Gov
ernemnt's position from the bench and
without memorandum opinion.
Evening star., 1936-04-02
Jailed Hundred Times.

PHOENIX, Ariz. [P.-Romaldo Al
varez, go. went to jail yesterday for
the Tooth time in IL years with a
hearty grin and a familiar wave to
officers. Most of his arrests have been
for drunkenness or escaping from the
city chain gang.