davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1936-03-11

their Thus the Government debt becomes banks
debt The banks simply assume the Governments debt.
The Government draws checks the banks but this
money The checks do circulate but cashed and
Cancelled The the checks call for already exists If it
is drawn out of banks (when farmer or WPA "worker"
cashes his Government dole chck it redeposited
a bank.
laon While the Government has been borrowing billions of
bank credit in circulation is practically unchanged
around ST billion dollars.
In the second place. and important to say
that the credit the Government gets at the banks lis
factured by the banks
The truth that it manufactured by the Government
by the politicians who the present Federal Administra
tion.
The whole process based upon Government debt manu-
faetured by the New Dealers and unoaded upon
banking system which they complete control
The Government is unable sell its bonds (debt to private
investors 1t therefore has got control of the banks and
usesabuses-them fiscal agency for oating it's
ing debt
Thus what the gets money and it is not
manufactured by the banks.
The whole process is one of credit initiation
What going that Government debt IS being trans
ferred to Governmencontroled banks in the shape
posit liabilities deposits the banks debt to their de-
positors)
Look at the At the end of January the demand
deposits of the member banks of the Federal System
were $2,3340O0,0OO greater than year ago.
This parallel illustrates general trend Of the
last three of Government borrowing and squandrng
AS the Government creates public debt creates bank
deposit debt.
This is credit initiation And mostly use bank credit
in place Of money is the important kind initiation
is nfaon because the deposits do represent business
loans productive of capathey represent
ment debt They represent debt which incurred mostly for
that bring with the inevitable
that the settlement of all this debt about through
grievous taxes or through repudiaton.
And reputation has already occurred considerable
tent in the shape of cutting the gold dollars the Government
promised to in two and by issuing silver certificates that
are not worth 40 cents frank resort to greenback would
merely complete the scheme.
present this inflated credit frozen up the banks which
have become great cold storage houses for the New
minsraions debts Whenever it becomes apparent the
people that the Government is going pay its debts all
will them money dollars that worth
50 cents used to be- these deposits will be drawn and spent
Then prices and living costs will r and initiation will become
active-to the ruin of most of us.
The Washington times., 1936-03-11
Money Market

NEW YORK, March II INS.).-Can
money rates were renewed at Y of /
per cent on the stock Exchange today
and at IL per cent on the Curb Mar
ket outside rates were also unchanged
at q of l per cent. :
Time rates were firm at a flat rate
of 1 per cent on maturities up to 6
months.
Bankers acceptance rates were NOM
inal and unchanged at \ to II per cent
for so. so and 80 days, Il to Y per
cent for 12O days and a to II per
cent for $50 and $50 daya
The Washington times., 1936-03-11

This sort of confusion and error is to be
expected from such initiation propagandists as
Father Coughlin, but one would suppose that
Mr.. Lippmann would know better.
In the first place, the Government borrows
little "money" from the banks. What it bor-
rows is deposit credit This means that it
1-erely swaps its debt for the banks debt.
Let me explain.
The Government issues its five-year notes
(debt) by the billions. 1t sells them to the
banks. Then the banks give the right to draw
checks, which creates deposit liability on
The Washington times., 1936-03-11
SALES

SALES
Capital Traction SIS, $1,000
9o1a, $1,OOO@sO1z, $1,OOO@sOk,
$1,eoo@so1a, $1,oOO@sO1a. $4,000
@90h.
Washington Railway and Elec-
trio pfd., 1O@111, 6@11Oh.
AFTER CALL
Washington Gas IS, B, 500
@100.
Mergenthaler Linotype, 10@43.
10@43.
The Washington times., 1936-03-11
Washington Stocks

Ter Ref 4 VIII corp (O 49,. 50 .....
twdwd & 10th com (1.5O. 50 .....
Wdwd & 10th pf % D....... l120 .....
The Washington times., 1936-03-11
" AYTXT Government Debt I Being
"A ~ n. Transferred to Banks in
ANA IA 80 - Shape Of Deposit Liabilities
By LEWIS HANEY

Recently we-known writer made the astounding state
ment that the money borrowed by the Government sis
fnnArno L. a. Lnrlrn
The Waterbury Democrat., 1936-02-24
Housing Guild May
 Be Organized Here
Local Firm Represented at Merchandising Confer
 ence-Special Forum Being Conducted

the Guild, which is sponsored by Johns-Manville, would include con. tractors, architect, real estate men, financing agencies, manufacturers and distributors.
 It is planned that these Guilds will be set Up throughout the cotins try 50 that selling methods which have been successfully used in the automobile, radio, home appliance and similar industries may Do ap- piled in the home building and modernization fields. This would in- clude full utilization of the single mortgage plan of the Federal Hous. ing Administration under which, of. ter c down payment, Q person may pay for c house on monthly install- ments and own 1t outright at the end of not more than 20 years.
 As outlined by Arthur A. Hood, manager of Johns-Manville's Hous- ing Guild division and ono of the country's foremost building material sales experts, who is conducting the forum, the Guild system is found. cd on the premise that the basic policy of the building industry must be customer satisfaction through erecting houses that will stand up against fire, wear and weather ct c price to fit the moderate pocketbook and that customer satesfaction can be achieved only thruogh complete coordination of the efforts of fnanu. facturer, retailer, contractor and other factors in the industry.
The Waterbury Democrat., 1936-02-24
TRIPLE COLLISION
 ON MERIDEN ROAD
Machine Overturns, lfl' jurying Driver Two
 Sidewalk Mishaps

The city was free from serious acc cidents over the weekend, and only one automobile crash of any conse- quence was reported in the vicinity of Waterbury. In triple collision on the Meriden road at the Wolcott town line this morning Frank Quinr Ian, 35, of 94 Linsley avenue, Meri- den, was slightly hurt. He was dis- charged after treatment ct the Wa terbury hospital. His car overturned after another car passed him and hit Q machine coming towards him, he said.
 The two other cars involved are registered in the names of Daniel Perugini, of 05 North Elm street, this city, and John Lawecki, 17 Bur- lice answered the call, but found tho ritt street, Milldale. Waterbury poe accident to be within the Wolcott line.
 In falls on icy sidewalks two per- sons were injured, John Haytko, 43, of l8o Citizens avenue, was brought to Waterbury hospital with Q frac- tured right ankle sustained in e fall Saturday night. Elizabeth Butwell, 45, of 2 Lewis street, Naugatuck, was also treated at the hospital for Q fgractured wrist suffered in Q fall in her own yard,
The Waterbury Democrat., 1936-02-24
Minstrel Troupe Is
 Honored At Banquet
Lithuanian Citizens Political Club Makes Merry at
 Sunday Party-Mt. Carmel Testimonial Tonight
BROOKLYN NEWS

nouncement was made today that caterer John Stokes will serve c steak dinner with mushrooms c, l0:30 o'clock. Dancing will take place at 8 o'clock and will be con. tinued after the dinner. John w Stokes will be toastmaster.
 St. Josephs Children of Mary will conduct their regular weekly social at their headquarters in the Con- gress avenue school tonight. The affair will consist of entertainment dancing, and refreshments.
 Play Attracts Crowd
 More than 500 persons applauded the cast of the play Father and Son" which took place last night at St. Joseph's auditorium under the sponsorship of the church choirs The director was Professor AleXan- der Aleksis. Selections were rend- cred by both the junior and senior choirs to the accompaniment of the Lithuanian Little Symphony ore chestra. The introductory remarks were delivered by Rev. Joseph J, Valantiejus.
 The soloists were: The Misses Mary Alubauskas, Natalie Plangas and Bernice Zelonas. George Dovi- donis provided violin selections while numbers on two accordions were presented by Valerian Marke- vich and Edward Digimas. Dancing followed the stage presentation with music by the Young Melodians or chestra.
 The cast of Father and Son" fol- lows:
 John Grybas. the father. Peter Lazauskas; Mazda, the, mother Marcelle Andrikis; Frank, the son. Alexander Laniauskas; Marie. the daughter, Helen Thomas: Joseph, Marie's fiance, Charles Karinaus- kas: Peter. Joseph's father, Albert Stadalis: Ona, Peters wife, Mary Adomaitis; Keminskis, a million aire, John Lesunaitis: Edward. Carl Zigmund, friends of Frank, Joseph Coskie, Alphonse Jarusevicia and Vincent Klimas, respectively: An thony, a neighbor, Albin Marcely- mas; Agatha, his wife. 0enevieve Stulginskas; Barbara, Franks maid Stella ValinciuS.
 Y. M. c. A. Events
 To-night-Co Community Singing.
 Tuesday-Educational pictures.
 Wednesday-Open Forum. The speaker. Joseph Scully, Subject. The Meaning of Lent"
 Thursday Community Dance.
 Friday = Glass in Photographic Chemistry.
 Saturday. Community basketball tournament.
The Waterbury Democrat., 1936-02-24
EXPOSURE CAUSED
 DEATH OF WOMAN
Funeral of Mrs. Katherine Dillon Leach, Found
 Dead, Held Today

Mrs. Katherine Dillon Leach, 52, whose body was found Friday after noon on the railroad tracks near Sco- wills dam on sthe Harper's Ferry road, died of exhaustion and ex- posture, according to Dr. Edward IT. Kirschbaum, medical examiner. Dr.. Kirschbaum made his report to Coroner John T. Monzani last night. He said no autopsy was necessary and that 1t was apparent that Mrs. Leach had fallen several times in wading through the heavy drifts un- til she had become exhausted.
 The funeral was held this morning from the Mulville funeral home at 8:l5 o'clock to the church of the Immaculate Conception where mass was celebrated at Q o'clock. Burial was in St. Joseph's cemetery, Vim sted,
The Waterbury Democrat., 1936-02-24
Chairman

urer, Mrs. Lena Mucciaro, Miss Nella Capocchi, Miss Rose Del Prin- cipa.
 The girls chorus will includes: Miss Lucia Matarazzo, Miss Lucy Di Leo, Miss Phyllis Esposito, Mrs. Lena Mucciaro, Miss Nella Cop occhi, Miss Grace Santa Maria, Miss Jennie Tisso, Miss Rita Pernatozzi. Miss Rita Buttelli, Miss Angelina Ci- rello. Miss Rose Del Principe. Miss Anna Paternostro, Miss Mary Trun- flo, Miss Leonora Trunflo, Miss Rose Colangelo, Miss Angelina Masi, Miss Florence Agostino, Miss Lena Ba- rono. Miss Felicia Cocchiola, Miss Anna Bombaci, Miss Augustina Papa, Miss Jennie Papa, Miss Aida Giusto, Miss Betty Salvio, Miss Betty Di Leone, Miss Mary Favale. Miss Josephine Favale, Miss Dorothy Fayale, Miss Kay Guerrera, Miss Mai Paul, Miss Rose Paul, Miss Mary Mucci, Miss Rose Vendetta, Miss Lucy Pandolfo, Mrs. Albert Mucci.
 The mems chorus will include: Louis Quatrochi. Nicholas Mucci, Sal Mucci, Daniel Santavasi. John Lombardi, George Appalucci, Roy Di Oermaro. Michael Distiso. Maui rice Entergini, Domenic Tellerico' Domenic Giusto, John Ciprlano. Frank Stolfi. Theodore Mariana, Sonny La Flamme. Henry Masi' Anthony Rubino, and Robert Sasso.
 With a membership of about 300 most of whom will attend with their relatives and friends. 1t is expected that the affair will be an outstand- ing event.
The Waterbury Democrat., 1936-02-24

Mayor Frank Hayes, one of the organizers of the league, will be host to the visiting municipal exec cutives. William M. Harris of the Lincoln house, chairman of the Mu- tual Aid, is also Q member of the league and will attend the meeting.
 Phillips to Preside
 Mayor Alfred N. Phillips, presi- dent of the league, will preside. He is chief executive of the city of Stamford. It is highly probable, 1t war reported today, that the league members will go deeply, once more, into the advisability of a state sales tax to help raise the relief burden of cities and towns of Connecticut.
 The league backed the sales tax bill introduced at the 1885 session of the legislature. The bill met de- feat, however. Under the provisions of the bill @ certain percentage of the money collected by the state in sales taxes would be kicked back" to the cities and towns in propor- ton to their relief expenditures for 1928. Waterpury's share would have been over $760,00, 1t was estimated.
 Consultant
 Charles S Chakerian, secretary and consultant of the state corn- mission studying the Connecticut pauper laws, will be one of the prin- cipal speakers at Wednesdays ses- sion. The commission has been studying the pauper laws for some time. Much interest is attached to the survey in view of the fact that the state now has an old age pen- sion act in force. The old age law was passed by the last session of the legislature and has drawn consider able criticism because under its pro- visions everybody between 2l and 60 years of age must pay $3 a year as an old age assistance tax but those who can benefit must be practically paupers.
 Election
 Arthur L. Clark, superintendent of the state board of fisheries and game, will also address the league members. He will speak on Outdoor Recreation in Connecticut" officers for the coming year will be elected at brief business meeting.
The Waterbury Democrat., 1936-02-24
(speclal to The pemocratl

New York, Feb. 24.-E. s. Smith of J. F. Smith & O., arrived here last week to attend 0 two weeks Yner- chandising conference at which plans are being discussed to stitnu- late the building trades and employ ment in Waterbury and to show prospective home-owners how they can get the best houss for the least money.
 MT. Smith, with other building material dealers and sales managers from eastern states, is studying c new and important development in building industry merchandising and service methods so that he may analyze local market conditions with Q view of organizing Housing Guild in Waterbury. Membership in
The Waterbury Democrat., 1936-02-24
AWARD OF $500
 APPROVED HERE

A stipulation award of $500 by the Rcma Importing O., of 18i South Main street, to Charles Cheney, of l7 Cherry street. was approved in compensation court today by Com missioner James M. Lynch. The award is in full settlement of Choney's claim against his employ CTS.
 While working for the importing concern June 13, 1885, Cheney Suf- fered injuries to his back and spine, he claimed. The claim was disputed by the company. Cheney has been paid compensation totaling $40.60.
The Waterbury Democrat., 1936-02-24
ITALIAN GROUPS
 PLAN MINISTRIES
Brotherhood, SisterhOOd Provide Talent for Ex-
 Cellent Show

The first minstrel to be given by any Italian American society in the city will be held Friday evening February 2Sth at Buckingham hall. The minstrel will be followed by Q dance with music being fgurnished by Joseph DiPietro's orchestra.
 The talent for the minstrel is made up mostly of members from the two branches of the Italian Brotherhood (Fratellanza Italiana) with the cooperation of pupils from the Regina Leonard Studio and Miss Madeline Bergamo, and others to be announced later.
 Nearly one hundred men and woHaen will participate in the pro- gram which will be directed by John Sforza, vice president of the Senior Italian Brotherhood. Peter De Leo, past president of the Junior Italian Brotherhood and president of the Itauan-A American Baseball league of this city will be interlocutor.
 Mrs. Joseph Pernatozzi, president of the Italian Sisterhood is chair man of the committee from the Italian Sisterhood and Peter Di Leo is chairman of the committe from the Junior Italian Brotherhood. An- thony Lepore, vice president of the Italian AmericAn T'ederation of So- cieties and Clubs is the president of the Junior Italian Brotherhood.
 The Junior Italian Brotherhood committee also includes Albert Mucci as treasurer, Ralph Belloisy, Lovis Mucciaro, Vincent Polzelli, Al Sonziano, Louis Giampietro, O. Schieppa, Nick Perugini, Joseph De Luca and Nicholas Albino.
 The Italian Sisterhood committee includes Mrs. Albert Mucci, treas
The Waterbury Democrat., 1936-02-24
LUX AID DANCE

Members of the Lux Clock Aid as- sociation held their 18th annual dance in Temple hall Friday night F. H. Megin headed the committed on arrangements. Assisting him were Richard Saunders, William Reed, Rudolph Kuester, James OLoughlin. Domenio Testa. William Espelin. Edward Lewis, James L. Brown and Roland Doucette. The affair was largely attended.
The Waterbury Democrat., 1936-02-24
GIRL SCOUT CAMP
 RUNS SEVEN WEEKS

The summer season at Camp We- quapauset Girl Scout camp in Wa terville. will be supported financially this year by a budget of $4.460 il was decided by members of the camp committee. Of the amount 1t is expected $S.70O will be received from operation of the camp. the rest to be made up from the budget of the council. The committee also voted to operate the camp seven weeks this year instead of six. The camp was filled to capacity last year and more are expected to be in attend ance at this years session.
The Waterbury Democrat., 1936-02-24
C. N. C. INSPECTION

Equipment of the local head- quarters company, 102nd infantry, 0. N. O., was inspected Friday night at the armory on Field street by Major Frank L. Culin, U. S. A., of Hartford. Major Frederick A. ober- lin of New Haven and Lieutenant- Colonel Ernest E. Novey of Torring- ton assisted Major Culin. Lieuten- ant w. W. Deadly is commander of the headquarters company.
The Waterbury Democrat., 1936-02-24
DEFECTIVE BURNER
 CAUSES DAMAGE

Fire caused by Q defective oil burner resulted in damage of sev- eral hundred dollars to the third floor of the home of Michael Sy- doriak at 70 Hill street Saturday night. The blaze kept firemen busy for more than an hour. Rocco Au- piero is the occupant of the house.
The Waterbury Democrat., 1936-02-24
8Oth Anniversary Premium

Send the top lid or cover of the cardboard box in which Father Johns Medicine comes-large size with your name and address, and you will receive our beautiful 00th anniversary souvenir-a heavily sil- ver-plated measuring spoon, suitable for many uses.
The Waterbury Democrat., 1936-02-24
COLLEGE TO FETE VETERANS.

Gettysburg, Pa. (UP) = Gettys- burg College will hold "open house" IF Civil War veterans attending kn 7sth anniversary of the Battle z Gettysburg here fin 1888. The vets of the Union and Confederate armies have been offered use of dnrmitories for sleeping.
The Waterbury Democrat., 1936-02-24
INJURIES ANKLE

Miss Margaret Sheehan. of 0t sylvan avenue was discharged from
 st. Mary's hospital after being
 treated for an injured ankle sus- tained in Q fall yesterday.
The Waterbury Democrat., 1936-02-24
Executives Of State
 Preparing Program
Mayors to Meet Here Wednesday to Prepare l037
 Legislative Proposals Phillips to Preside

Legislative proposals during coming year that y De presented to the coming session of the state legislature in 57 will be discussed Wednesday when the members of tcut Municipal Executives meets in this city, session, which
The Waterbury Democrat., 1936-02-24

Members Of St. J0seph's modern choral club will gather at the par ish hall tonight for banquet. An
Evening star., 1936-06-14
ARMY ORDERS.

Colburn, Lieut.. Col. Alvin, Infantry,
transferred from Fort George G..
Meade. Md, to Rochester, N. Y, Au-
gust Is.
McReynolds, Capt. Edwin r., Air
Corps, from Randolph Field, Tex, to
Langley Field, Va, July /.
Thorpe, Capt. Clarence S., Air
Corps, from Patterson Field, Ohio, to
Aberdeen Proving Ground, Md, July /.
Bamford, Lieut.. Warren Herbert,
Engineer Corps Reserve, from David
sonville, Md, to the chief of Engineers
for training at the Engineer reproduc-
ton plant, July Is.
NAVY ORDERS.
Bates, Lieut.. u. g. Ralph, Dental
Corps, detached Naval Dental School,
Washington, D. c., about June 20; to
Naval Academy.
Snyder, Lieut.. q. g. Robert, jr.,
Dental Corps, detached Naval Dental
School, Washington, D. c., to Fleet
Marine Force, Marine Barracks,
Quantico, Va.
Batchelder, Lieut.. Robert F., Sani-
tary Corps, detached U. S. S. Nitro
about July /; to duty Naval Finance
and Supply School, Philadelphia Navy
Yard.
Du Fresno, Chief Radio Electrician
Luke W., detached U. S. S. New Or
leans about July J. to Naval Radio
Station, Annapolis, Md.
Evening star., 1936-06-14
ABBOTT SCHOOL
AWARDS MADE
Scholarships Given to Five
Outstanding Students
at Exercises.

Thirty-eight awards to pupils Of
the Abbott School of Fine and Com
mercial Art, 1143 Connecticut avenue,
were made last night at the annual
exhibition and fashion show, which
marked the end of the years study.
Scholarships were awarded to five
outstanding students. In the day
school, they were Janet Eldridge, il
llistration; Richard Dear, jr., costume
design, and Catherine Miller, fashion
illustration. In the night school, the
winners we're Constantine James, il
lustration, and Esther Prangley.
Honorable mention awards were
given the following students:
Mary Kramer, John Baugh, Bar
bara Tyler, interior decoration; Wal
lace Reamy, Jeanne Ritchie, Barbara
Osborn, Elaine Zimmerman, life;
Evelyn Egbert, Edith Austin, life
sketch class; Mildred Taggart, Janet
Eldridge, Edith Austin, Barbara Os-
born, water color; Evelyn Egbert, Mil
dred Taggart, design; Edith Austin,
Sanford Bates, jr, illustration; Anne
PrentiSs, Roberta Jones, fashion illus
tration; Margaret Boiling, Jewel
McNab, Helen Dwyer, Maxine Law,
costume design; Arthur Dintaman,
LILLIAN Bass, Marguerite Hess, Junior
fine arts: Paul VaroutSoS, junior
commercial illustration; Margaret
Corder, Miriam johnson, Junior
fashion and costume; Jean Aller,
Murial Lunger, intermediate class;
Benora Ann Wood, Terrelita Maver-
lex, elementary class.
Preceding announcement of the
awards, there was a fashion show in
which % girl students of the school
appeared in costumes of their own
design.
Afterward, the annual exhibition,
including the works of 260 pupils, was
thrown open. Last nights display
was for special guests. Beginning to-
morrow the exhibition will be open
to the public for a week.
The jury of awards was composed
Of Marguerite Mum, Allen Sherwin,
Elizabeth G. Pritchard, Mariana Won
Allesck, Ethel Pilson Warren, J. w.
Rogers. Jr., and Mrs. Marion Tolson.
Evening star., 1936-06-14
MAN HELD ON CHARGE
OF CRIMINAL ASSAULT
Truck Driver to Be Arraigned for
Extradition Hearing on
Maids Complaint.

Wilton w. Bullock, "a, of 604
Ninth street southwest, is being held
at the first precinct station for Vir-
ginia authorities following a COM
plant by Miss Ollie Barb, IS, Of 1885
Eighteenth street, that he criminally
assaulted her in Arlington County,
Friday night.
Miss Barb. maid employed and
residing at the Eighteenth street ad-
dress. is said by detectives to have
identified Bullock, truck driver, as
the man who picked her up at
Eighteenth and U streets and at
tackled her after driving into nearby
Virginia.
Bulloc'-. Sted by Detective
Sc. Michael ]. Mahaney and
Thomas Sweeney, will be arraigned
in Police Court tomorrow morning for
an extradition hearing, police said.
Evening star., 1936-06-14

So smooth. soft and
cllnging. because DOW
der. perfume and color
are spun together by
fresh air.
Evening star., 1936-06-14
Stamp Brings Good Price.

An unused Honduras 10-cent air
mail stamp, issued in 1925. was sold
recently in London for 5000.
Evening star., 1936-06-14
BILL POSTERS ELECT

Joseph Ennis, Sr., Named Head
of Union.
$ Joseph Ennis, sr., has been elected
president of the reorganized Bill Post
ers' Alliance. Local No. 81, it was an
nounced yesterday.
gsOther officers are: Joseph Ennis, jr.,
secretary treasurer; Joseph Mack, vice
president, and John Hurley, business
agent.
Evening star., 1936-06-14
French Works Projects.

France is expected to spend s54,120,-
900 on public works projects.