davidaulloa/AmericanStories huggingface dataset:
Evening star., 1936-08-02
FAVORABLE NEWS
EASES SUMMER
SLUMP AT LONDON
Brighter World Prospects,
Soviet Pact and Rail De.
veIopments Cited.
BY LEONARD J. REID.

BY CaDle 10 Inc otar.
LONDON, August 1.-The normal
slackening of activity and easement
of quotations in the security mar
kets at the end of July has been miti-
gated this year by noteworthy Sc
ries of developments in the past week
which combine to provide a ready de-
mand on every slight price recession.
New factors include brighter view
of international prospects by Foreign
Secretary Anthony Eden, the Labor
minister's forecast Of excellent July
employment figures, announcement
by the government of plans for an
other giant Cunarder and two major
battleships and the placing Of i'm
portant mercantile orders by shipping
companies.
Russian Pact Hailed.
simultaneously, the conclusion of
an agreement for a f10,000,000 ex-
port credit to Russia insures increased
activity in important trades outside
the armament group. This agreement
is judged both workmanlike and bene-
fetal.
Railway news also contributes to
the stimulus The Big Four was
awarded f12,o0o,0 900 in respect to past
overpayment of local taxes, the week
ly traffic statements continue good
and the half-yearly dividend an
nouncements satisfy expectations.
Meanwhile. the Bank of England
continues its vigorous gold purchase,
enabling the ratio of the metallic
cover to be sustained against the rec.
ord expansion in note circulation.
French Franc Affected.
Spain's tragedy has produced no
effect on London business, but 1t is
held partially responsible for the
slight weakness in the French franc.
Attention was called to the French
situation by cancellation of the pro-
posed holiday visits of King Edward
and Prime Minister Stanley Baldwin.
Nevertheless, it is thought here that
the next crisis Of the franc, which
probably will be inevitable some day,
has been postponed until after the
holiday season.
London views bullishly the pros
poets Of commodities, especially cop
per, wheat and rubber. It also sees
no threat to the price Of gold even
If the franc Is devalued. The best
opinion here sees strong resilient
cushion under Wall Street quotations,
proflt-taking sales apparently being
as easily absorbed there as here.
Copyright. 1886. by the Nortn American
Newspaper Alliance, fnc.)
Evening star., 1936-08-02
NET OF PROCTER
& GAMBLE RISES
Profit Hits $4,244,495,
Against $4,010,510 in
Same 1885 Quarter.
~ the Associated Press.


NEW YORK, August 1.-Procter &
Gamble Co., makers Of soaps, shorten
ing and oils, with headquarters at Gin
cinnati and plants in the major geo.
graphical regions of the country, re-
ported today June quarter net profit
Of $4,244,495, equal after dividend re-
quirements on preferred stocks to s.
cents a common share, against $4,-
o10,51o, or SO cents a share. in the
March quarter and s3.525,858, or So
cents a share, in the like period last
year.
Phelps Dodge Corp.
Phelps Dodge Corp. disclosed for the
six months ended June 80 consolidated
net income of s4,666.330 after depre-
citation, normal Federal income taxes
and other charges, but before deple-
ton and exclusive of undistributed
profits surtax. For the same period
last year net income was $2,624,697
Per share profits we're 90 cents On
5,071 ,240 shares against 49 cents on
5,342 1922 shares In the first half last
year.
The corporation reported a reduc-
ton in bank loans to 81 sol 900 since
December 81, 1885, with balance out
standing August l Of $6,100,o0o.
Fisk Rubber Corp.
Fisk Rubber Corp, with plants at
Chicopee Falls and New Bedford,
Mass, had June quarter net profit OF
s127,092, against net loss Of S268, 8,511
in the preceding quarter and net loss
Of $37, ,231 in the same period last year.
Mccall Corp.
Mccall Corp, magazine publishers
and makers of oresS patterns, with
principal plant at Dayton, Ohio, re-
ported for the six months ended June
30 net income of s819,030, or s1.52 a
share, against s813,915, or $1.5l a
share, in the first half last year.
Engineers Public Service.
Engineers Public Service Co. and
subsidiaries reported for the IL months
ended June 80 net income of $2,474,-
$50. with no provision for undistributed
profits surtax, equal to $5.75 a share
on the combined $3.50 and $6 cumu-
lative preferred stocks, which are in
arrears on dividends. This compares
with $949, ,242, or $220 a share, on the
combined preferred stocks in the pre-
vious IL months.
National Aviation.
National Aviation Corp, an invest
ment company specializing in aircraft
securities. reported indicated liquidat-
ing value on June 80 of $15.27 share
OF capital stock. against $1495 share
on December 81. 1885, and $12.16 a
share on June 80, 1885.
Evening star., 1936-08-02
Trading in Spanish Peseto
Still Suspended at Weeks End

expires tomorrow. That the govern
ment would make such an omission,
In view of its money requirements for
carrying on against the insurgents,
was thought unlikely.
Extension of the moratorium, pro-
hibiting the Bank of Spain from max
ing payments, for at least another
week, was anticipated by observers
here. Wall Street bankers will hold
another meeting Monday to try to
arrive at common policy concerning
the handling of currently maturing
contracts.
There was no quotation for the
peseta today. even on a nominal
basis, the last level being 1855 cents,
nominal, near which point the unit
has held throughout the period of
the rebellion.
Evening star., 1936-08-02
NEW CONCERN ACQUIRES
FORMER DRURY PLANT

As anticipated some time ago, Wash
ington Brewery, Inc, has acquired the
former plant and equipment Of the
Abner Drury Co. and has purchased
from Ralph D. Quinter, trustee in
bankruptcy, all the firms personal
assets. The newly formed corporation
has completed preliminary arrange
ments and will begin placing new beer
brands on the market tomorrow, with
John Dibb, vice president and general
manager, in charge.
Evening star., 1936-08-02
ADVANCE MAINTAINED
BY TRANSIT REVENUES
Rpeeiai Dispatch To The star,

Fpseiai pispsteh to The star,
NEW YORK. August Revenues
for the transit industry, based on
telegraphic reports received from n
representative group Of tfaasit oper-
ating companies for the week ending
July rs. 1895. showed continuing I'M
provement over iHst year. Transit
Journals revenue indicator stands at
l09.80 as compared with the corre-
spending week In 1895.
For the week ending July 10. 1895.
the indicator was 10a.17.
Far from Stacking Off IA the Sum.
mer progresses. the gains In transit
revenues continued ut an even higher
rate than In the previous week. Apart
from the abnormal Independence day
week. this weeks indicator II the
highest ever recorded.
Evening star., 1936-08-02
Smallest Supply
OF World Wheat
Since 1927 Barred
Ay the Associated Press.

NY the Associated PreSs.
The smallest world wheat supply
since 1927 was indicated in the month
ly report Of the Agriculture Depart
ment on the world situation in this
commodity.
Its Bureau Of Agricultural Eco
nonics said that world prices for
wheat are expected to average higher
than last year because Of smaller
supplies.
1t was estimated that the 1867
world supply, outside of Russia and
China. would be at least 100000, 900
bushels below 1856
World production was tentatively
estimated at 3,510,000,000 bushels, or
100000 less than last year. The
world carry-over was 2l0,00o, 900 under
the previous year.
The bureau predicted that Liver
pool quotations on wheat would be
higher and that the United States
their same relationship to the world
prices.
Evening star., 1936-08-02
By the Associated Press.

BY the ASSocihtco rieso'
NEW YORK, August 1.-Trading IN
the Spanish peseta remained sus-
pended today and probably will be
held in abeyance, VII Street bankers
say, for another week.
Following q meeting of representa-
tives of foreign departments Of banks
here. It was thought doubtful that
uniform policy concerning the pay
ment of contracts for delivery OF
pesetas, now falling due, could be
formulated. The amount involved Is
estimated at between 100000 and
Is 900, 900 pesetas. The only chance
of obtaining Spanish money for de-
livery, it was said, would be in the
event that In the heat Of hostilities
the Spanish government might neglect
to extend the bank moratorium which
Evening star., 1936-08-02
BOND STATEMENT FILED.

The Cincinnati Gas g. Electric Co..
OF Cincinnati, Ohio, yesterday filed
with the Securities Commission a
registration statement for issuance Of
$35, 1000, 900 Of 81 per cent first mort
gage bonds, due in 1866. Proceeds
would be used to redeem, on October
/, $35.o00,oo0 Of first mortgage series
4 per cent gold bonds.
Evening star., 1936-08-02
FOUR BANKING OFFICES
OPENED DURING WEEK

Special Dispatch to The Star.
CHICAGO, August -Four new
banking Offices were opened during
the past week, one each in Pennsyl-
vania, Michigan, Minnesota and Iowa,
according to the Weekly Banking
Market released by Rand McNally
Bankers Monthly.
The Weekly Banking Market also
reports one bank in process of organi-
zation in Georgia, three mergers, the
closing of two branches and four dis
continued banks.
Evening star., 1936-08-02
CANNED FOOD STOCKS
AMPLE, NOT EXCESSIVE
BY the Associated Press.

~ the Associated Press.
The Commerce Department report
ed that stocks Of principal canned
foods In the hands Of Gamers and
wholesale distributors ARE ample but
not excessive" for present consump-
ton levels.
The report covered stocks OF canned
peas, corn. tomatoes. green and wax
beans, peaches md pears
Evening star., 1936-08-02
STOCK ISSUE EXPECTED.

NEW YORK, August (P).-Offer-
ing is expected next week of an issue
of 100000 shares of common stock of
the Froedtert Grain & Mailing Co.,
operators of three large mailing plants
in Wisconsin and Minnesota. Ham
mons & Co., Chicago, is expected to
make the Offering.
Evening star., 1936-08-02
STOCK INCREASE VOTED.

NEW YORK, August (P.-Stock-
holders of McWilliams Dredging Co,
Chicago, have approved a proposal to
increase the authorized number Of
shares to 100000 from 100000.
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1936-09-25

ground lose all value, except as sal
wage. The government wrecks any
buildings that may be present. If the
alvage more than pays the cost or
wrecking, the landowner gets check
or the difference If the salvage pays
less than the cost of clearance, the
andowner is invited to send check
for the difference. The land is valued
for use for low cost housing, and paid
for on that basis.
When we have such a law here, we
hall clear our slums even faster than
England has been clearing hers. But
at present, landowners can hold up any
clearance project for sum which
makes really low cost housing impos
sible.
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1936-09-25
WHAT NEXT?

A new product, asbestos cloth,
which can be used in the making Of
aprons, tablecloths and rugs, has just
been put on the market by British in
ventors The cloth is said to resist
any kind of fire, except furnace fires
and forest fires. Asbestos is woven
nto the cloth, which is dyed, like a
bolt of woolen. The British are re-
ported to have made beautiful pink
asbestos aprons for cooks, striped as
bestos tablecloths which will resist
the smolder of a cigarette, lacey cur
tains and even fireproof sheets.
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1936-09-25
FRIDAY, SEPTEMBER 25, 1886
ENGLIsHWoMAN SHOCKED AT
OUR SLUMS

DR.. Margaret Miller, of London, IN
America on a brief visit, familiar with
the housing of the poor on the other
side from her work as housing agent,
told the Welfare Council Of New
York that she was shocked at the
slums she saw in American cities.
ct really astonished me" she said,
TO see the horrors and degradation
of your slums. You are certainly not
tackling the problem with anything
like a universal realization of its inn
portance.
"You have no national program,
without which you cannot do any
thing effective The first thing you
need is to get a co-ordinated national
program for all the activities under
way, and to get housing into the
public mind"
She added that as nearly as she could
tell, real estate interests in our big
cities took leading part in opposing
the clearance of such areas.
On this last point, Or. Miller is
right, without any discounts or ex-
plantations. She is right about our
slums, too; though she did not tell
US the thing which we most need to
abolish slums.
England has law which the local
authorities, after hearings, can de-
clare any given area a slum. When
that is done, all improvements on the
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1936-09-25
DRAPER RE-CHOSEN
Head of Canada Labor
Group

Montreal, Can. (AFLNS)-W With
some 35 years of service as trade
union official behind him, P. M. Dra-
per, of Ottawa, was elected to serve
another year as president of the
Trades and Labor Congress of Canada
Mr. Draper became president last
year after filling the office of secre-
tary treasurer for a long period and
the ffty-second annual convention of
the congress in session here reelected
him unanimously.
r. j. Talon, secretary treasurer,
was also unanimously reelected. In
ballot test the following vice presi-
dents were chosen: James Simpson,
of Toronto; Percy Bengough, of Van
couver, and d. w. Morrison, of Glace
Bay, Nova Scotia.
Georges R. Brunei, of Montreal, was
elected fraternal delegate to the
Tampa convention of the American
Federation of Labor, and Carl Berg,
of Edmonton, was chosen delegate
to the 1897 British Trades Union
Congress.
Ottawa was selected as the place
for holding the 1887 convention of the
congress.
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1936-09-25

This campaign gets more weird by
the hour.
Did anyone of you ever see strong
man hitting a pillow?
Well, the current target is a good
deal like pillow. There just isn't
anything much to hit at.
Evasiveness. Wiggle words and
weasel words. A ball and socket Joint
in every sentence.
One sign there is, however, that's
always flying high: No left turn.
Keep going straight down the good
old road to nowhere-the road that
used to be labelled, prosperity Just
around the corner" and that was sup
posed to lead finally to village in
the Catskills where there was
chicken in every pot and a two-car
garage for every horse and buggy.
Walk along the platform little way
and you bump square into steel. And
steel picks out its favorite newspaper
in which to announce that it WILL
NOT RAISE WAGES because if it
did the union might claim the credit.
Steel isn't going to show any such
weakness. No, by golly. In it's veins
there flows the blood Tor is IT'D Of the
founding fathers, Puritans, Pilgrims,
and slave traders.
1t gets to be great mix-up and it
gets hard 20 tell where the campaign
leaves off and the industrial conflict
begins. Mellon, Dupont, Reed Of
Pennsylvania, Hilles, Morgan, Rookie
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1936-09-25

against the governments lien, and
that the government had no right to
take the money.
In other words, Standard Oil claims
that it cheated the government so long
that it acquired a right to cheat, and
can go on forever. There are die-hard
federal judges who probably agree
with the company.
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1936-09-25
COMMENT ON WORLD EVENTS

John Masefield, poet laureate of
England, is in America again, come
to read some of his verses at the
tercentenary celebration at Harvard.
He thinks the world is not paying
enough attention to poetry-to any of
the arts, in fact. "You can only have
great art when you give great en-
couragement," he said.
1t is too bad that encouragement
is lacking, and it is unquestionably
true that given society gets from
its members a good deal of what it
really wants. But Masefield himself
keeps one from pushing that argu-
ment too far. No one encouraged him
to be poet when he was tending bar
lin Luke O'Connor's old saloon in
Greenwich Village, New York city. He
was just born that way, built that way,
and couldn't help himself.
And to a degree that few realize,
Masefeld is labor's poet. He picked
out that role for himself, in his ''Ded-
ication":
mot the ruler for me, but the
ranker; the tramp in the road
The slave with the sack on his
shoulder, urged on by the goad
The man with too heavy burden
too weary load"
Masefield has sung of members Of
! the leisure class, but only at times
For the most part, he is labor's own
Even in his sea poems:
Il must go down to the sea again
i ! to the lonely sea and the sky,
And all | ask is a tall ship, and {
star to steer her by;
And the wheels kick, and the winds
song, and the white sails
shaking;
And gray mist on the seas face
and gray dawn breaking"
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1936-09-25
IS CHEATING A VESTED RIGHT

Corporation gall reached new atti-
tudes when Standard Oil of New Jer-
sey sud the government for the re-
turn Of S2,ol7,62459, plus interest in
the same at six per cent since 1881.
The company paid that sum to the
on delinquent income
taxes five years ago. 1t admits that
it owed the taxes, and that they were
delinquent But it claims now that
the statute Of limitations had run
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1936-09-25

John G. Winant, chairman of the
Social Security Board, told some
things about the social security act
and its workings to the newspaper men
of Washington the other day that
should be laid before the largest pos
sible number of people.
"As you know" said Winant, "the
provisions of the act fall into three
categories: First, public assistance;
second, unemployment compensation;
third, old age retirement benefits s. :.
Every state in the Union is now
cooperating in three or more of the
welfare programs set up by the act.
Also, 80 states and the District of
Columbia are now participating in the
public assistance provisions of the act
administered by the Social Security
Board-which includes aid for the
needy aged persons, for the needy
blind, and for dependent children ;.
Whereas only one state had an
unemployment compensation law in
Operation prior to the passage of the
social security act, 15 states and the
District of Columbia now have such
legislation Winant continued. "These
l6 laws cover more than 100000
workers
THE social security program is a
fact, reality of the present. In this
program, within year of its pass
age, every state in the Union has
joined. More than million needy
aged, blind and dependent children are
being aided; nearly half the workers
who would be covered by unemploy-
ment compensation if all states had
comparable laws, are already covered;
Just ahead is the beginning of sys-
tenn of old age benefits which will
affect 26,000,000 American workers. :
How many people realize that so
magnificent work of social security
is actually we'll under way?
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1936-09-25

Don't forget the pledge: Il prom
ise to patronize only firms that dis
play the union label, shop card and
buttonp
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1936-09-25

long may III wave ana ! love tny
rocks"-oh, yes, gather in the rocks
and all power to the banks and the
bankers and the corporations that are
yelling bloody murder about the ex-
cess profits tax. EXCESS profits, re-
member!
Well, it's all good clean fun and we
view it all as show, and the idea is to
be merry and not get sore at any,
body and all that.
Yes, it's all good clean fun. But
it brings up, somehow, the idea of
Wall street taking you to the cleaner
and calling it fun. Look out, there's
a hole in that plank!
Oh, yes, have any of you heard Will
liam Hard on the air? Fellow who
used to be called progressive. Well,
it's all good clean fun, and who can
help it if we laugh also at Mr.. Will
liam Hard? He donates his time.
Why, he admits it himself.
Well, life will have its little jokes.
And there's the story of increasing
corporation dividends. Here's a mug
get of truth: A good many of those
dividends, representing new profits
correctly enough, are being declared
| for the purpose of reducing the sur
plus profits TAXABLE UNDER THE
NEW LAW.
Great Britain has advanced out of
depression faster than we have ad-
vanced, and it has taxed wealth about
three times as heavily!
Well, it's a great campaign, full of
ball bearings and rubber planks and
false fronts and colored lights and
fellows who donate their time"
And there's certain story about
certain clothing used in certain
place, UNION MADE. that
will be good for another laugh some
day.
However, men are getting jobs and
wages and the breadlines have gone
and PEOPLE COUNT FOR SOME
THING. That isn't a joke.
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1936-09-25
WISDOM

When we do the best we can, we
never know what miracle is wrought
in our life, or in the life of another
Helen Keller.
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1936-09-25

Whatever is intended for insertion must
be authenticated by the and address OF
the writer not necessarily for publication. but
as a guarantee of good faith.
Subscribers changing their address will
please notify this office giving old and new
address to insure regular delivery of paper.
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1936-09-25

Issued Weekly at s2s Market Street
Telephone 1898 Hamilton ONE
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1936-09-25

We do not hold ourselves responsible Tor any
yiews or opinions expressed in the articles
or communications of correspondents.
Communications solicited from secretaries
of all societies and organizations. and should
be addressed to The Butler County Press. S2s
Market Street, Hamilton. Ohio.
The publishers reserve the right to reject
any advertisements at any time.
Advertising rates made known on app
cation
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1936-09-25

Entered at the Postoffice at Hamilton,
Ohio. as Second Glass Mail Matter
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1936-09-25

Endorsed by the Trades and Labor
Council of Hamilton. Ohio
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1936-09-25

Endorsed by the Middletown Trades
and Labor Council of Middletown. O,
The Butler County press. [volume] (Hamilton, Ohio) 1900-1946, 1936-09-25
7heCherry
T Where with our
roo Little Hatchet
we tell the truth

about many things, sometimes pro-
foundly, sometimes fiippantIy,
sometimes recklessly.
The Waterbury Democrat., 1936-01-15

Townsend Officers
 Townsend lodge officers in. stalled were: Noble grand. Rich- ard Burdett; vice-grand, Albert Lange; recording secretary, William Davis; financial secre.
The Waterbury Democrat., 1936-01-15
TURNER'S AWARD SOCCER MEDALS
Mayor to Make Presenta. ton at Turkey Dinner
 Meeting Saturday

Arrangements for the presentation of medals emblematlo of the state amateur soccer championship of 1884, won by the Teutonia Soccer club o9 Waterbury now known as the Turner's uerman-American club, were completed at Q meeting of the committee at Turners' hall last evening. The event will be held ct TurnoFs' hall, iiei North Main street, Saturday evening at e.So o'clock when Q turkey dinner and dance will he given tho members and players. The lateness of tho presentation has been due to the fact that the board of directors ot the Amateur Soccer league wore unable to ofiicially determine the winner for iO3A until All protests had been settled.
 Tho program arranged includes the presentation of the medals by his honor Frank Hayes and the il,. troduotion of the winners Of the awards by Attorney Albert Hulnmell and singing by the clubs uartet. The ployerS receiving tho AwaFds will Do Hans filerl, Vincent Brown, Johnny KiernAn, Paddy Kiernan, Tom Corbett, Hans Ruogg, Richard KrauBe, Henry Aollonstein, Captain Conrad Tauber, Herman Mueller, Alvin LutS, Charles Murtagh and Ambrose Calvin.
 The committee in charge of the event consists of K0nrad Tauher, Charles Murtagh, Steve Blower, Patrick MoVerry, Walter Klanii, Anton Ruegg, William Pump, Wils liam 9chaeifer and George Mycock.