davidaulloa/AmericanStories huggingface dataset:
Henderson daily dispatch., 1937-07-23
BY ROGER w. BABSON,
Copyright 1887. Publishers
Financial Bureau. Inc.

Babson Park, Mass, July 23-Sen-
timent has improved noticeably in the
past fortnight. The gloom of early
July is gradually lifting and confid-
ence is slowly healing. Doubts are still
expressed about Fall business, how
ever. Many feel that when the cur
rent backlog of orders, built up dur
ing the Winter and Spring, finally
runs out, business, will suffer sharp
din. AS a matter of fact, we are hav-
ing a gentle let-down which is more
than seasonal. The Babsonchart read
ing today is five per cent above nor
NAL. compared with 10 percent above
normal in May.
Henderson daily dispatch., 1937-07-23
Best Fall In Nine Years
Just Ahead, Babson Feels
Cites Ten Reasons for Autu Pickup In Business,
and Advises Adequate reparations; Crop Prospects
Declared To Be exceptionally Good

Nevertheless, there are so many en-
couraging signs in the outlook that ]
cannot help being optimistic on Fall
trade prospects. To back up my bull
lishness, I am discussing ten reasons
why business should press further to-
ward prosperity after Labor Day:
CROP PROSPECTS are exception
ally good. Big harvests of grains,
fruits, vegetables, cotton, tobacco:
high egg and milk yields; good feed
conditions for livestock; these all
point to the best year on the Amer
lean farm since 1929. Activity is al
ready picking up where the harvest
is under way. More traffic for rail-
roads: step-up for farm and rail
equipment; brisker retail trade; in
creased business for farm products
handlers of all kinds will be the re-
suit.
PURCHASING POWER should be
highest since 1929. The income OF
twenty-four million farm families
should be at the rate of 100000 per
week higher than last year. Wage
workers are receiving a combined in
crease of $7O,0O0,O00 more weekly than
last July. Investors dividend checks
are more than $10,0O0,OOO higher every
seven days than a year ago while va
cationists' spending is up another $780,
100000 per week. This tremendous
gain in consumers income will, OF
course, pour into retail trade, and
from there back to factories, jobs, and
wages.
LABOR TROUBLES are apparent
lv on the wane for 1897. CLIO has shot
it's bolt for this year. Snow squalls
Henderson daily dispatch., 1937-07-23
Japan RETURNING
NORMALLY NOW

Tokyo, July %. = (AP) Japan
rapidly returned to normal today, and
a general belief grew that war with
China had been settled and a lasting
settlement of a long existing differ
ences between the two countries.
A foreign office spokesman SAID
japan was ready to consider any pro-
posal from the Chinese government
for the settlement of the fundamental
differences of Sino-Japanese issue and
would respond with any change in the
foreign policy.
Henderson daily dispatch., 1937-07-23
Six Die In
FlanningAuto
In Maryland
Truck Driver, Blind
ed By Lig h t s,
Smashes Into Park
ed Vehicle

Priest Bridge, Md, July 23.-(AP)
Six persons died in a flaming auto
mobile here early today after truck
struck their parked car and turned 1t
over. The seventh died later of in
iuries. The truck driver rescued a
seven year old hoy by pulling him
through a window All members Of
one family were tangled in the back
of the machine and did not free them
selves.
Bernard Hammer, 81, driver; his
sisters, Mildred, 10, Anna May, 13, and
Pauline, 90; and cousins, Frances
Haker. II, Frances Baldwin, Ia and
David Manning, 7. All lived in Laurel,
Maryland.
The driver of the truck was B. M.
King, of Muddy Point, Va. He said he
was blinded by the lights of an ap'
preaching car and struck the rear of
hammers car parked beside the road.
Henderson daily dispatch., 1937-07-23
Alaskans
Are Jaunty
AfterQuake
Greatest Earthquake
disturbance There
u 0 e S Estimated
Damage of $4,000

falrbanFs, Alaska, July :s.-(AP)
fAla5kans displayed jaunty indif-
leiehce oily to the greatest earth
~ Hudke tiser,' .r :e ever recorded in
ule territory.
e., rof nine hours yesterday, many
omocKs' four of them were severe, oc-
b bolIeo over the interior from Fair
o oaiiN'' $40 miles to the south, to An
OUiitles companies. banks and bus
n les9 houses carried ON business as
o opo"l' only the liquor store failed to
yh me earth shock toppled bottles off
Iin and broke them. Telephone
wae ea' broke during the first shock,
wo ' easily repaired. Total damage
oo %' estimated at a maximum of $5,-
~ mostly to the liquor stores.
bo 1ncohflrmed reports said several
'es We're demolished and one per-
SUI injured when a giant earth slide
'p' across the Richardson highway,
Henderson daily dispatch., 1937-07-23
TRUCK DRIVERS IN
PHILADELPHIA QUIT

Philadelphia, July % (AP)-A strike
of truck drivers employed in hauling
of goods for the Great Atlantic and
Pacific Tea company slightly affect
ed produce delivery to a large num-
Der of stores in this area today.
The strike was not directed against
the company, but against group OF
firms under contract with the A. & p.
to haul produce from railroad terml-
nails.
Henderson daily dispatch., 1937-07-23
Continued on Page Four.)
SINO-JAPANESE
DISPUTE AT GLANCE
(By The Associated Press.)

IBy TIC ASSOCIdJed FTeSS.J
Dramatically opposite reports from
Chinese and Japanese threw the cur
rent North China crisis in new con-
fusion just as the two weeks of ten
sion were thought to have been ended.
In Tokyo, the government reports
of troops withdrawal from Peipine
lead informed observers to consider
the immediate danger of war as past.
Japan said she was ready to ap-
proach settlement of the fundamental
issues in turn with China.
But in Peiping, Chinese expressed
fear of new military activities. and ex-
pressed fear it foregathered a major
Japanese drive to consolwidate the en-
HANGED influence gained because OF
past incidents.
Henderson daily dispatch., 1937-07-23
PROFIT SELLING OF
STOCKS HALTS GAIN

New York, July % (AP)-A tast
onening on the upside on today's STOCK
market quickly turned into a protlt
selling crawl and initial gains OF trac-
lions to two points were pared or can
celled.
While Wall Street seemed cneereo
by the shelving of the admlnistra-
tion's court bill and prospects OF a
nearby adjournment of Congress
brokers thought this turn of events
NAV have been discounted to a GER
tain extent.
Bonds were uneven and transfers
vuo+o around 90OO 900 shares.
Henderson daily dispatch., 1937-07-23
COTTON OPENS EASY
WITH MARKET OFF

New York, July % (AP)-Cotton
futures opened easy, down six to thir-
teen point son lower cables, favorable
weather and under foreign selling and
liquidation.
Shortly after the first half hour, the
market was at five to ten points.
BY midday December was selling at
11.O5 with prices generally IL to 10
points net lower.
Futures closed easy 81 to 36 lower
Henderson daily dispatch., 1937-07-23
TEN FACTORS POINTING
TOWARD PROSPERITY.

1. Crop prospects best in ten
years.
2. Purchasing power highest
since 1929.
3. Labor troubles on wane for
1887.
4. Congress nearer to adjourn
ment.
5. Building costs easing off.
6. Inventories of goods not bur-
densome
Z. New industries forging ahead.
8. Foreign trade making great
progress.
8. French crisis apparently
passed.
10. Basic trend of business still
upward.
Henderson daily dispatch., 1937-07-23
OPPOSES MERGING
us. INVESTIGATORS
Mrs. Roosevelt's Expressed
Position Regarded as
Significant
By CHARLES p. STEWART
Central Press COIumniSt

Washington, July 23.-Mrs. Roose-
welt, in one of her recent columns,
takes sides against the frequently
urged merger Of. Uncle Sans detec
tive organizations, on the ground that
highly centralized set-up of this sort
is calculated to become a threat q
Henderson daily dispatch., 1937-07-23

Figures in the sensational capture of
Roy (Pete) Traxler, the southwest's
No. 1 desperate, and the Staying of
his pal, Fred Tindol, are pictured.
Tindol was shot to death and Traxler
badly wounded by two cool-headed
farmers who had been seized as hos
tages by the desperadoes in their at
tempt to escape a statewide police
net. The shooting occurred near Bos-
we'll, Okla, near the Texas line. Both
Frank Trimmer, shown above, and
Henderson daily dispatch., 1937-07-23

Continued on Page Two.)
Evening star., 1937-11-09
CLARK APPROVED
FOR COURT POST
Yale Law Dean Passed On
by Justice for U. S. Ap-
peaIs Bench Here.

Dean Charles e. Clark of the Yale
University Law School has been an
proved by the Department OF Justice
for appointment to the United state.
Court Of Appeals for the District. ii
was learned today.
While the Justice Deps rtment re-
fused comment, other sources con-
firmed reports OF Dean Clarks sp-
proysl.
1t was understood the department
also has approved Representative
Fred M. vinson, Democrat, OF Ken
lucky, for the post. 1t was expected
other names may be added to the sp-
proved list before the President makes
his selection.
Both Dean Clark and Mr.. vinson
were strong supporters Of MIR. Roose
velt's plan to reorganise the Supreme
Court, the dean testifying in its be-
half before the Senate Judiciary Com
mittee.
He is 40 years old and has been An
educator for 40 years.
The name OF w. p. Lenapd, attorney
for the Federal Communications Com
mission, has been submitted to the
President for consideration Is a DOS
siole sppointee by Senator Sheppard
OF Texas. Under normal procedure
MS name will be submitted to the
Department Of Justice for considers-
tion.
Evening star., 1937-11-09
WAR ENTERS SHANTUNG
japanese Planes Conduct Raid.
Into Coastal Province.

Into Coastal Province.
TSINAN, China, Nov. . lP.-
Squsdrons of japanese war planes
were on scouting or bombing forsys to-
oay throughout Shantung Province.
Observers believed the aerial opera
lions presaged extension of the war
lnto this prosperous and peaceful
coastal province Of China's northeast
Tnere were considerable troop move
ments on the northern front.
Evening star., 1937-11-09

presidential tenure to a single term
of six years. Senator Burke also ia =
vors an amendment TO declare the
Chief Executive ineligible after one
term in office.
An amendment limiting the Presi-
dent to single term of six years was
approved by the Senate February /,
1913, by vote of AZ to 90. The only
members of the Senate in that year
still in public life are Associate Justice
Sutherland of the Supreme Court,
Secretary of the Navy Swanson, and
Chairman Ashurst of the Senate Judi
ciary Committee. who supported the
amendment. and Senator Borah, who
voted against it.
Polls taken since Senator Copeland
proposed his amendment fail to show
sufficient support to submit such a
change in the Constitution for ap-
proval by the States Debate over the
third term issue is, therefore, expected
to center upon the resolution adopted
In 1875 and again in 1928, with present
prospects favoring its approval by the
Senate.
Evening star., 1937-11-09
WIFE, "A, REQUESTS.
ANNULMENT HERE
Tennessee Girl Wed to Man,
As, a Year Ago, Court
Is Told in Suit.

a Tennessee child marriage came to
light here today when 14-year- old
Orene Tyner filed suit in District Court
for annullment of her marriage q
year ago to Peter Miodusewski, As.
The court was asked to void the mar
riage, not on the ground of the girls
extreme youth, but because Mr.. Mo
dusewski allegedly had another wife
when he went through the marriage
ceremony with Orene.
The suit was filed by Marie Allen,
s32 d street Sc, acting as a next
friend" of the girl. The husbands
address was given as $50 D street S E.,
and he was described as an attendant
at st. Elizabeth's Hospital.
The girls age would have been 13
when she was married, since the court
was told she was born March 81, 1928.
in Camden, Tenn, and was married on
September 19, 1886, in Benton County.
Tenn, by justice of the peace.
A few days later they came to WASH
ington and three weeks ago the girl
left her husband and is now employed
as q domestic servant, the suit stated.
according to the suit, MIR. Miodu-
sewski lis taking advantage of his age
to browbeat and annoy the child plain
tiff" and has threatened her with
physical violence unless she returns
TO him.
The court was told he had married
Cora Crockett before his marriage TO
= Orene, and that the prior marriage
was not dissolved until April &c of
this year in the Circuit Court of
Carter County, KY.
The suit wsa filed through Attorney
Albert Lyman.
Evening star., 1937-11-09

tablished by Washington and other
Presidents of the United States in re-
firing from the presidential Office after
their second term has become, by uni
versal concurrence, part OF our re-
publican system and that any depart
ture from this time-honored custom
would be unwise, unpatriotic and
fraught with peril to our free snstitu-
tions."
During the adjournment of Con-
gress, Senator's Burke of Nebraska,
Holt OF West Virginia and Wheeler of
Montana, Democrats, have forecast an
early move for re-adoption of the reso-
luton. Senator Borah, Republican, of
Idaho, who spoke and voted for it in
1928, predicts 1t will pass the Senate
whenever it is permitted to come to a
vote.
Twenty-six Senators who supported
the anti-third term resolution in 1928
remain in the present membership of
the Senate. Among them are the out
standing leaders on the Democratic
side, including Senator'S Barkley of
Kentucky, majority leader of the Sen
ate; Ashurst OF Arizona, chairman of
the Judiciary Committee; Pittman of
Nevada, chairman of the Foreign Re-
lations Committee; Harrison of Missis-
sippi, Chairman Of the Finance Com
mittee; Wheeler of Montana. Glass of
Virginia and Wagner of New York.
Norris Opposed Third Term. =
The leading progressive Republican
and independent members of the Sen
ate are also on record against third
term. Among those who voted for the
1928 resolution are Senator's Norris of
Evening star., 1937-11-09
DANIEL B. GUSD0RF,
Ex-MERCHANT, DIES
Funeral Services to Be Held
Thursday-Was Woodmont
Club Official

Daniel B. Gusdorf, 78, of 1901 Cal
vert street NV, a retired merchant,
died in Georgetown University Hos
pital today after long illness.
A native of Baltimore, Mr.. Gus
dorf had been a resident of this city
since he was young child At the
time of his death, he was secretary of
the Woodmont Country Club and a
member of the Washington Hebrew
Congregation.
He is survived by two brothers, AL
exander and Morris Gusdorf, and
two sisters, Mrs. Louis Stern. widow
of Rabbi Stern of the Washington
Hebrew Congregation, and Miss Hanna
Gusdorf, all of Washington. Mr..
Gusdorf's parents were the late
Bernhard and Charlotte Gusdorf.
Funeral services will be held at
1880 am. Thursday at Geiers' funeral
parlors. Burial will be in the WASH
ington Hebrew Congregation Gem
etery.
Evening star., 1937-11-09
TOXIC REPORTED
FAv0R|NG TRUCE
Armistice Would Be to ia.
pans Advantage-Aims
Achieved.
By CONSTANTINE BROWN.

Unconflrmed reports which have
reached Washington this morning in
dicate that the japanese government
is now disposed to conclude an ar
mistice In China and discuss with the
Chinese government through a me-
diator or a group of mediators, con-
ditions for signing a peace treaty
on their own terms.
The retreat of the Chinese troops
from the immediate vicinity of Shang-
hal places the Japanese in an excel
lent position to talk peace. Most of
the territory OF the five provinces
which the Japanese have invaded are
in their hands at the present time.
Chiang-Kai-shek after remarkable re-
sistance has Withdrawn his troops to
a line Of defense protecting his cap
ital, Marking
Aims Are Achieved.
The Japanese have, in fact, achieved
all their aims and 1t would be to their
advantage to sign peace with China
In order to stop the heavy drain on
their financial and economic resources
demanded by q prolonged campaign.
The fall of Shanghai came timely.
The Brussels conference which opened
last Wednesday to discuss the best
measures to preserve China's terri
torial and political integrity, is now
placed before an accomplished fact:
The whole of Northern China is in
japanese hands.
Toxic can afford to make a gesture
to Justify the statements that Japan
does not seek territorial sgrandize-
ment. The japanese government in
tends to make the newly acquired
territories autonomous. A number OF
Chinese citizens are on hand to as
sumo the role Of Tokios puppets.
police Force" TO Stay.
In order to prevent any Com
munist" outbreaks large japanese
force will be maintained in China: 1t
will be called q police force. The
withdrawal Of the Chinese troops from
Evening star., 1937-11-09
STATE BUSINESS !.
LEVY HELD LEGAL
U. S. Supreme Court Rules
Oil Company Must Pay
Virginia $1,000.
By the Associated Press.

By the Associated Press.
The Supreme Court sustained yes
ferday 1910 Virginia law which I'M
posed an entrance fee on out-of-state
corporations which wished to opersts
within the State.
Justice Brandels delivered the g.
TOO opinion that sfirmed q ruling by
the Virginia Court OF Appeals uphold
ing the statute and denying refund
of 5000 fee paid under protest bv
the Atlantic Refining Corp. Chief
Justice Hughes did not participate.
The case originally was argued IN
October. 1885. Reargument was or
dered when the tribunal had not
reached a decision by the time IL ad-
Journed for the Summer last June.
The second argument was on octo-
ber IL.
The Atlantic Refining Corp, which
said IL operated in the Al other States.
conteuded the act took property with
out due process Of law and interfered
with interstate commerce.
Virginia replied the law was "a fiat
entrance fee based upon the size of
the corporation. the best standard
available to anticipate and measure
the value of right granted"
The tax varied from $40 for foreign
corporations with $4,000 authorized
capital stock or less to maximum of
$4,000 for corporations whose capital
stock was $4,000 900 or more.
After operating in Virginia through
subsidiaries. Atlantic Refining sought
to operate directly in 1880 and was
required to pay the $1,000 assessment.
It contended that only s262,5so of it's
total invested capital, or approxi-
mately is of l per cent, was invested
in Virginia at the time.
Evening star., 1937-11-09

Nebraska, Borah of Idaho, johnson
Of California, Nye and Frazier of North
Dakota, Shipstead of Minnesota and
La Toilette of Wisconsin.
Associate Justice Black OF the Su-
preme Court and Secretary of the Navy
Swanson we're Democratic members OF
the Senate in 1928 and both voted for
the sweeping condemnation OF any
presidential candidacy for third
term.
Senators retaining their seats at the
special session November Is who voted
in 1928 for the resolution against q
third term are:
Democrats, Is. Ashhurst, Barkley
Copeland, Gerry, Glass, George, Hsr-
rison, Hayden, King, Mcclellan, Nicely
Pittman, Sheppard. Smith, Thomas
(Okla), Tydings, Wagner. Wheeler.
Republicans, S. Borah, Capper, Fra
zier, johnson tCalif), Nye.
Others, 3. La Toilette, Norris, Ship
stead.
Total, 26.
Four Resolution Foes Remain.
Only four members who voted against
the resolution in 1928 remain in the
Senate: Walsh of Massachusetts,
Democrat; McNary and Steiwer of
Oregon, and Hale of Maine, Repub-
licans. Senator Walsh and others de-
clared their support of the two-term
tradition but opposed the resolution
on the ground that President Coolidge
had clearly indicated he would not be
candidate.
In addition to the 26 Senators who
voted in 1928 against third term, the
present membership includes 10
Republicans who opposed President
Roosevelt for reelection in 1885. In
this group are Senators Austin, Bridges,
Davis, Gibson, Hale, Lodge, McNary,
Steiwer, Vandenberg and White.
With a total of So Senators on
record against third term, or actively
opposed to President Roosevelt's re-
election, the advocates of a resolution
upholding the two-term tradition count
on strong Democratic support to insure
its adoption. They believe the margin
required for the necessary majority
of 49 in the Senate would be forth
coming from a group of Democratic
Senators, elected since the vote of 1928
who opposed the Presidents Supreme
Court plan at the last session. includ-
including Senators Adams, Bailey
Brown tMich), Bulow, Burke, Byrd
Clark, Connolly, Donahey, Gillette,
Holt, johnson tColo). Lonergan, Malo-
ney, McCarrsn, O'Mshoney and Van
Nuys.
At the last session Senator Copeland,
Democrat of New York, offered q con-
stitutional amendment limiting the
Evening star., 1937-11-09

Continued From First Page)
ing our store to x12.s0o, ,00o. .o0o--more
than half the gold in the world.
During those four years the fixed
price OF s35 an ounce which the Treas
ury paid for gold was the highest any
one in the world would offer Yester-
day. however. Europe was offering as
high as $35.22 an ounce--a price ex-
actly enough to cover the cost of the
gold and Of its shipment across the
Atlantic.
Supply Exhausted.
For Two or three weeks, the Amer
jean stabilization fund has been sell
ing a secret amount OF gold which II
owned in Europe. 1t could sell that
metal at lower prices because ii
didn't have to be carried across the
ocean. Secretary Morgenthau an
nouneed these foreign supplies now
are exhausted.
To the public he added, these
transactions mean little. He explained
that although the export of gold
means the withdrawal of foreign
money from our banks, credit will not
be tightened. The outflow will be
counteracted, he said, by the Treas
ury's inactive gold tor sterili2stion)
fund.
This fund OF 81 ,270, 200, 600 worth
Of gold was created on borrowed
money last December. Then it looked
as il the inflow of foreign money
would create too much credit--that
the excess money would be inflstion-
ary and cause prices Of goods to rise
faster.
Hence every time q foreigner
shipped a million dollars worth OF
gold here and got million dollar de-
posit in an American bank, the Treas
ury borrowed another million dollars
from the public and thus prevented
the foreign money from increasing the
supply Of money in circulation.
Cause Unknown.
Now the reverse Is going to happen,
Morgenthau asserted. Every time q
foreigner buys million dollars worth
Of gold here and thus reduces his de-
posits in American banks, the Treas
ury will take the million dollars he
paid for the gold and retire some Of
its debts.
The experts don't agree altogether
on what is causing this new flow Of
gold to Europe. The Federal Reserve
Board says 1t is due partly to the fact
that many foreigners are more con-
fident about the financial condition of
their own governments, particularly
France.
Other experts say foreigners are
worried about present business con-
ditions and the stock market slump in
this country.
At least part of the outflow is caused
by rumors in Europe that the United
States once more may decrease the
gold content of its dollar. These
rumors have gained little credence
here.