davidaulloa/AmericanStories huggingface dataset:
Evening star., 1937-12-17
ANT|-M0NOP0LY
BILL HOPES RISE
Attorney General Promises
to Study Measure Pend
ing in Senate.
BY the Associated Press.

A promise by Attorney General
Cummings to study an anti-monopoly
bill pending in the Senate brought
hope to its sponsors today that the
administration would support the
measure.
The bill was submitted by Senators
O'Mahoney, Democrat, Of Wyoming
and Borah, Republican, of Idaho,
after the administration made no
specific recommendation at the spe-
cial session for curbing monopoly.
1t provides for Federal licensing OF
corporations engaged in interstate
commerce and is designed to pre-
vent combinations in restraint of
trade and conspiracies to monopolize
trade"
Favored by President.
President Roosevelt expressed favor
this fall Of some new legislation to
check monopoly, and 1t generally has
been assumed his detailed recon-
mendations would be Forthcoming
during the 1888 session.
Senator O'Mahoney, in a letter to
Mr.. Cummings, asked that the Attor-
ney General give his views regarding
the measure to p special subcommit-
tee now studying it.
Mr.. Cummings replied by letter:
L shall be very glad, indeed, to
have study of this bill with a view
to conferences later with you and the
members of the subcommittee"
Senator OMahoney's letter had
said
ut seems to be generally recog.
nized that the primary objective o.
the administration is the stimulation
OF private industry. The attainmen
OF that objective will be difficult, i
not impossible, to realize unless W,
lay down a national rule for all cor,
porations engaged in national com.
merce. ."
Elsewhere in Washington, there wer,
these developments of particular In.
terest to business men:
The Federal Reserve Board said tbs
amount of money IN circulation in.
creased at less than the CUSTOMARY
rate last week. indicating q slower.
than-usual expansion of Christmas
trade.
r. F. c. to Give Help.
Chairman Jesse Jones of the Recon-
struction Finance Corp. announced
the r. F. c. would help tide over with
loans railroads that are nard-pressed
financially. He said "just a few
roads needed help at this time, but
that the list would grow If revenues
were not increased
The Maritime Commission asked
shipbuilders to submit bids by Feb.
ruary l for construction of IL fas,
cargo vessels expected to cost $4,000.
900 to $23,000,000. Private lines MAY
buy the ships, possibly after Congres.
acts on a commission recommendation
for lowering the down payment nov
required.
Senators Bailey, Democrat. of NORTH
Carolina, and Austin, Republican, o.
Vermont. acknowledged having a par
IN drafting manifesto" which
urged tax revision and other measure.
by Congress to encourage private in.
vestments. Other Senator'S men.
toned as co-authors said 1t was 9
"confidential' matter. Senator Van.
denberg, Republican, OF Michigan, in.
dorsed its purpose.
Evening star., 1937-12-17
WA[THAM WATCH
ORDERS DIVIDEND
Initial Payment on Class B.
Common Shares Due
December 27.
BY the Associated Press.

ny liic hSsUtihbeO TIeSb.
NEW YORK, Dec. l7.-Waltham
Watch Co., today authorized an initial
dividend Of 81 on class "B" common
stock. payable December ~ to holders
of record December 90. This is the
first disbursement on this class of
stock since reorganization in 1923.
A dividend of 81 on prior preferred
stock, to be paid quarterly In 1898
out Of 1887 earnings. was also de-
clared. Payment will be paid jan
uary 4, record December "a; April 2,
record March 20; July 2. record June
Is; October 3, record September "a.
Ohio Leather Co.
Ohio Leather Co. directors declared
dividends Of 50 on the first preferred
and Sits on the second preferred,
both payable January to stock on
record December 20.
Bessemer Limestone.
Bessemer Limestone and Cement
Co. directors declared SO back dividend
on $50 par value per cent preferred
stock covering period October /, 1895,
to October l. 1895, payable December
n to stock on record December 10.
Evening star., 1937-12-17
U. S. DEFICIT REMAINS
WELL BELOW YEAR AGO
81 the Associated Press.

6y lle associated PreSs.
NEW YORK, Dec. 17.-With almost
half of its fiscal year now ancient his
tory, the United States Treasury
shows combined deficit for the Pc
riod A per cent under the comparable
period a year earlier.
This has resulted largely from the
fact income jumped As per cent from
year to year, general expenses Of
operations gained but IL per cent
while relief and recovery outlays de-
clined 80 per cent.
Income tax receipts during the first
half of December, indeed, gave the
Treasury surplus for the first time
in months.
The deficit reported in the daily
Treasury statement of December l3
compared as follows:
FISCAL year 1888 s733.7 .7Ss, 900
Fiscal year ,3o8, ,17s, 900
Evening star., 1937-12-17
Dividend Ordered
On Common Stock
Of Walworth Co.
b. the Associated Press.

NEW YORK, Dec. 17.-Directors of
Walworth Co. ordered a dividend OF
10 cents on common stock, payable
in new per cent convertible pre-
ferred stock at the rate Of 7-1o0ths of
a preferred share for each common
share held.
Payment Is to be made December
2S to holders Of record December 70.
An optional payment OF IS cents
In cash or 80 cents in new preferred
was declared November 20.
Company manufactures valves and
nttings at plants in Massachusetts.
Illinois, Alabama and PENNSYLVANIA
Evening star., 1937-12-17
NEW YORK LIVE STOCK.

partment Of Agriculture. Cattle, 2,05o.
including 1850 direct. Steers dull, no
early sales. Bulls fairly active, market
700: practical top sausage kinds, 7.25.
Cows slow. about steady: bulk low cutter
and cutter 3.75-5.25; few light weights
fat 5.50-6.50.
yealers and calves. 1,7e0: including
steady; mostly Gull to medium "hs iisN
weights, 5.50-10.00. Heavy calves absent,
market nominal.
direct Lambs steady: one load good
Ohios, 9.25: load fed. Westerns unsold,
asking around 1000 for good to choice
slaughter ewes auotable 25O-5.OO.
HOGS, 3.010: all direct. Market NOM
inal.
Evening star., 1937-12-17
$33,551 BONUS VOTED
BY WILMINGTON TRUST
By the Associated Press.

By the Associated Press.
WILMINGTON, Del, Dec. IL
Bonuses totaling $34,55l were ap-
proved yesterday for employees and
officers OF the Wilmington Trust Co.
under profit-sharing plan adopted
last summer.
The distribution amounts to e42
per cent OF their annual salaries.
The Board of Directors at the same
meeting declared a regular dividend
OF per cent, or 50 per share, and
an extra dividend of 2 per cent. to
stockholders of record December 20.
Evening star., 1937-12-17
BOSTON WOOL MARKET.

BOSTON, Dec. II R Omitted States
Department Of Agriculture) Only . very
moderate amount +, It. q an business , Was being
Fine Ohio delaine wool was sold IN
small weights at 81 to SO cents in the
ceived from worsted manufacturer. but
many Of their bids were below asking
prices. Some spot original BAGS of fne
secured basis. the lensth Of staple running
bulk average to short French combins.
Evening star., 1937-12-17
DISTRIBUTION MADE.

JERSEY CITY. Dec. II (Spe-
ciaD.-Stockholders of the Maryland
Fund, Inc, have received an extra
cash distribution of cents per share
and per cent in stock, in addition
to the regular quarterly cash dis
tribution Of cents per share. For
the year ended November 30, 1887,
shareholders will have received 321a
cents plus 6 per cent in stock per
share
Evening star., 1937-12-17
PRODUCTION OF SPORT
CLOTHING CURTAILED
By the Associated Press.

The Census Bureau reports produc-
ton OF cotton and leather trousers,
coats and sport clothing dropped
from 465,366 dozen in September to
366,ll7 dozen in October. Overall
and children's playsuit production
declined from 494,602 dozen to 345, 500
dozen. and output of shirts, wash
suits, uniform and nightwear also de-
cllned in varying amounts.
Evening star., 1937-12-17
METAL MARKET.

STEADY; sdW eleetroiytic' spot and future. future.
io.i2la-11: export; 1901. Tin steady:
spot and future, 42:6sh. Lead steady;
4.S0. Zinc steady; East st. Louis. spot
and future, 800. quicksilver. 81 .O0-s3. 90.
Platinum. pure. 200, Iron; aluminium,
Evening star., 1937-12-17
DIVIDEND IS ORDERED.

NEW YORK, Dec. II CP).-Fidelity-
Phoenix Fire Insurance Co. declared
a special year-end dividend of 20 cents
and a regular annual dividend of 80
cents, 1t was announced today. Both
are payable January 10 to holders Of
record December 81.
Evening star., 1937-12-17

In bakruptcy or receivership or being
reorganized under the Bankruptcy Act. OF
securities assumed by such companies
Elk dividend q Also exera or extras.
Including extra or extras. ePsid last
year fPayable in stock. Declared or
paid SO far this year, no regular rate
Cash or stock Accumulated dividend
paid or declared ur Under rule WV With
rants.
Rates Of dividends in the foregoing table
are annual disbursements based on the
last quarterly or semt-annual declaration.
Unless otherwise noted, special or extra
dividens are not included
Evening star., 1937-12-17
NEW YORK SUGAR.

NEW YORK. Dec. II oP.-Sugar fu-
lures showed little change today.
The No. s contract advanced on cover
ing and trade support; while nl the No. 4
March No 8 sold at 2.36 and July at
23p, or 2 points net higher. March No.
1 sold at. I.15h and July 1.l9h, or net
Unbalanced.
Evening star., 1937-12-17
ODD.LOT DEALINGS.

The Securities Commission reported to-
day these transactions oy customers with
York Stock EXCHANGE for December TO-:
b,070 purchases involving 164 .000 ShAfeS:
S.126 sales involving 146,66S shares.
Evening star., 1937-12-17
Is TONS OF LEAD SOLD.
Reported by Chas. D. Barney g. CO..

. NEW YORK, Dec. II R.-st.
Joseph Lead Co. reports rs tons of
pig lead from Southeast Missouri
mines sold yesterday at s460 per 100
pounds st. Louis.
Evening star., 1937-12-17
FOREIGN EXCHANGES.

exchange steady: Great Britain in dollars,
others in gents; Great Britain; n3, demand' nn
Italy. demand. 526la: cables. 5:26h.
Demands-Beleium, 1899: Germany.
Holland, $500 Norway. 25.12: sweden,
Switzerland. 23.13: Spain. unauoted: Por-
Czechosiovakia, 3.51h Yugoslavia. 2.35:
Austria. 1s.94n: Hungary, 1890: Ru-
mania, IS; Argentina, 33. .33n: Brazil
tfree). 5.55n: Toxic. 29.12: Shanghai,
% go: Hong Kong. 1927: Mexico City
1880: Montreal in New York. 99.95n: !:
New York In Montreal, l00.04ii.
n-Nominal.
Evening star., 1937-12-17
FREIGHT L0AD|NCS
AT 622,131 MARK
Small Weeks Drop Sends
Total 1873 Per Cent
Under Year Ago.

NEW YORK Dec. 1.-THE Asso.
ciated Press seasonally adjusted weekly
l929-30 as 100, advanced today to
1O.4 compared with 695 the previous
week and S3,6 year ago.
Range Of recent years:
High s33!s saa9i 20 "a s.3ss;
Low 6s.1 60.7 $50 5o.5 All
Evening star., 1937-12-17
By tie Associated Press.

By tie Associated Press
The Association of American Rail-
roads reperted today 622,131 cars of
revenue freight were loaded during
the week ended last Saturday.
This was decrease Of 1,2Oe cars,
or o.2 per cent. compared with the
preceding week; decrease Of 1896.
or 1873 per cent, compared with a
year ago. and decrease of 122.222,
or 1874 per cent, compared with 1890.
The report classified the loadinss as
follows:
ThiI week. Last week. Yr. ago.
Miscellaneous 223,243 81. .196 I'll 500
Evening star., 1937-12-17
INVESTING COMPANIES

NEW YORK Dec. II OP.-Nev York
security Dealers Association:
(Noon uliotatiors\
Evening star., 1937-12-17

Massey Harris Co., Ltd.-Sales Of
company gained about 40 per cent
In IL months to end of November.
Evening star., 1937-12-17
INSURANCE STOCKS

NEW YORK. Dec. II P.-Nev york
security Dealers Association: -N
Evening star., 1937-12-17

CaucA Val rs 4s 15s 7ss IS.
Com PRIV 5las 81 67i4 6714 67L
Cuban Te 7las Al A 49, 97h 81 ~
Tw-With warrants. xw-Without war
rants. New st (stp)-Stamped.
sNegotlability impaired by maturity.
2 Companies reported in receivership.
Evening star., 1937-04-23
Appropriations
Continued From First Page.)

Continued From First Page.)
interest, debt retirement, Veterans
Administration charges and perma-
nent annual appropriations which
cannot be reduced"
department executives should have
discretion to the extent OF 10 per cent"
he added, Ito transfer the cut from
one bureau to another inside their de-
partment, provided 1t did not affect
the total cut for the department"
President Roosevelt's attitude to-
ward this drastic economy program
was not disclosed, but the Chief Ex-
ecutive told reporters recently that
Congress might be asked to give him
authority to withhold part OF the
money appropriated to Government
units.
Some congressman said Byrnes' pro-
posal was broached at the White
House budget conference Monday
night without any indication Of op-
position from the Chief Executive.
The first powerful voice outside Con-
gress raised against the Presidents
economy plea was that Of the Ameri-
can Farm Bureau Federation, often an
agricultural ally of the administration.
I'VE are for economy" said Presi-
dent Edward A. O'Neal, "but we are
not for an economy that will paralyze
agriculture"
Referring to Secretary Wallace's
hint that the "ever-normal granary"
and other new farm measures might
be shelved because of the Presidents
wish for economy, O'Neal said the
storage system, commodity loans and
measure OF production control were
necessary to stable price structure.
Economy sentiment was apparent
in House discussions today of a S927,-
100000 appropriation for running the
Agriculture Department next year.
Representative Biermann, Democrat,
of Iowa, noted that the fund proposed
was S200,000,00O more than the cost
Of the entire Federal Government Is
years ago.
Chairman Cannon, Democrat, Of
Missouri, of the subcommittee which
handled the bill, said II his group had
acceded to all Congressmens requests
for inserting items into the bill, the
cost would have been increased $780,
O0O, 900.
Senator Wagner, Democrat, Of New
York, joined a group in Congress
which questioned the wisdom of the
Presidents proposal to cut next years
relief expenditures about $500, 900 900
under this years cost.
The size Of the fund should be de-
termined by the need for relief, Wag-
ner said, adding that States and COM
munities should put up more OF the
money If they are able.
The House liberal bloc" has pro-
posed making the relief appropriation
s2,5OO, 900 900.
Works Progress Administration Off
Evening star., 1937-04-23
REAL DAUGHTERS
HONOREDBy
Four Whose Fathers Fought
British Are Ac-
claimed.

The four living Daughters of the
American Revolution whose own
fathers fought against the British
for the freedom of the 13 Colonies
were acclaimed today by the Forty
sixth Continental Congress of the
D. A. r. at Constitution Hall.
The oldest of these real daughters"
none of whom attended the con-
gress, is 98, and the youngest is 87
Each of them receives a pension of
$25 month from the D. A. R. as
well as $40 at Christmas and Easter.
The four are
Angelina Loring Avery, whose
father, Solomon Avery, was IA when
she was born July 16, 1899 She lives
In Williamantic, Conn. Solomon Avery
enlisted in the Continental Army when
he was IA. He was married three
tines-1787, 1914 and in 1928, when
he was SO.
Mrs. Mary Pool Newsome, born April
Is, 1850, who has never lived outside
the boundaries of Georgia Her father,
Henry Pool, enlisted when he was 13 or
IA and was discharged from the Army
in South Carolina in 1888. He was at
least 80 when Mrs. Newsome was born.
Mrs. Caroline P. Randall, SPRING
field, VT, who was born September 10,
1849, one of 10 children, of whom only
she is living. Her father was child
when he carried water to the wounded
soldiers at Bunker Hill.
Mrs. Annie knight Gregory. born
March %, 1843, whose father, Richard
knight, entered the Revolution at the
age of II as drummer boy and later
fought in the War of 1912 as a cap
tain. He was 78 when Mrs. Gregory
was born.
Last September Miss Sarah Pool
sister of Mrs. Newsome, died. She
left her life savings of $500 to the
National Society. D. A. R.
The society,"" the report of the Real
Daughters Committee remarked of the
hequest. feeling that the pensions
given to Miss Pool and Mrs NeWsome
were their only means of support, de-
cided to send the pension, which had
formerly been sent to Miss Pool
monthly, to her sister, this amount to
be taken out of the legacy"
Evening star., 1937-04-23

Continued From First Page)
raising Of hands whether they came
to testify in favor of architectural
competition or to protest against the
Tidal Basin site and the threat to the
cherry trees the result was a tie, with
18 witnesses on each proposition.
Among those waiting to be heard
were Harris M. Albright of New York,
president Of the American Planning
and Civic Association; Julian Berla
and Roderick Sundenburg, League for
Progress in Architecture; two wit
nesses for the American Federation
of Arts; Francis P. Sullivan, American
Institute of Architects; Mrs. Florence
Jackson Stoddard, to present reso-
luton adopted by the Democratic
Women's National Council, represent
ing 800 women in every State in the
Union; Miss Dora Shapiro, Charles
Edward Russell, Mrs. R. D. Rands
representing the Sixteenth Street
Heights Citizens Association; Eugene
Evening star., 1937-04-23

Grim. New York architect; Walcott
Clarke Waggman and Thomas L.
Eagan, Rotary Club
Representative Wearin emphasized
at the opening of the hearing that
his interest in pressing this legisla-
ton was in behalf of architectural
competitions, which, he said, are ex-
tremely important, especially to the
Federal Government and constitute a
question never considered by Congress
He made it plain his resolution is not
intended as criticism of the Me-
mortal Commission or the location
and design of the memorial. He also
said he personally prefers a monu-
mental rather than a utilitarian me-
mortal. He said at no time has he
criticized the design of Pope, al
though, personally, he does not ap-
prove it. Regarding the general pro-
test against destroying the cherry
trees, Wearin said he deplored any
action that would spoil the annual
blossom display.
To Report on Competition.
Wearin told the committee he desires
to make a voluminous record covering
the entire subject of architectural
competitions. He pointed out that
young men had won in competitions
on designs for the Capitol, White
House, Pan-American Building and q
score of other buildings which he
named. He agreed with Chairman
Keller and Treadway that Pope is ar
outstanding architect and said he
would have voted for Pope if he had
been a member of the commission
and it had decided against competi.
ton.
Wearin placed in the record a letter
of protest from the Columbia Uni
versity School of Architecture, signed
Evening star., 1937-04-23

by 10 members Of the faculty, and
another from Thomas Freary, an out
standing authority on American archi-
lecture, who expressed regret at the
Jefferson Memorial design and It's To-
cation. Wearin testified that a ma
jority Of the protests he had heard in
Washington are against destroying
the cherry blossoms and against the
Tidal Basin site, while most of the
professional objection is against the
design and method of selecting the
architect.
At one point, Treadway said, "in
fairness to Pope" it should be stated
he believes the selected architect is
too big and broad a man to want to
undertake, even if he has accepted a
contract, something which he sees the
American people do not want done"
Chairman Keller emphasized his
conviction that Congress is free tc
change the site if the people want it
changed. He and TreadWay pointed
out the Wearin resolution could not
be passed by the House if the Memo
rial Commission has already, as they
believe, entered into a contract with
Pope. Keller said his committee be-
lieves Washington should be made
more beautiful all the time
In his statement Morris told the
committee:
THE Washington Board of Trade
does not feel that it can properly
engage in the current discussions re-
garding the propriety Of awarding the
commission to design the proposed
Jefferson Memorial to an architect
secretly chosen by the memorial COM
mission" Morris said.
"Inasmuch, however, as the plans
produced by the officially designated
architect are based on and dependent
| upon utilization OF the Tidal Basin
Evening star., 1937-04-23

2O4,579 over the same month year
ago.
For the first nine months Of the
fiscal year receipts aggregated $l,5l2,-
s45, ,453, or $465, ,734,7l5 over the same
period a year ago.
Mr.. Roosevelt's original estimate for
the full year was s2,372 900 900, but
his revision this week cut this by
267,2OOOOO.
Liquor and tobacco taxes, next in
line as major revenue sources, totaled
SAL, ,l80,9S7 and s4l4445,s36 respec-
! lively, in the last nine months.
Evening star., 1937-04-23

we are compelled to file our protest
against their acceptance"
The Board of Trades opposition,
Morris explained, is based on four
principal points:
Cd An opinion by our Committee
on River and Harbor Improvement
that reduction of the area of the Tidal
Basin, or alteration Of it which might
impair its flushing functions so nec-
essary for health and commerce in the
Washington Channel has serious pos
slbilitieS. On this basis alone we
are opposed to using this site until
and unless 1t is definitely shown that
the proposed layout will function as
flushing basin.
CD AN opinion by the chairman OF
our Committee on Public and Private
Buildings, Arthur Heaton, that the
Tidal Basin site is unacceptable for the
reason that the charming informally
OF the basin area now is far preferable
to the suggested formal layout
90 The fact that only S3,OO0,00O
has been authorized for construction OF
the Jefferson Memorial when it is
apparent that completion of all the
plans will entail an expenditure OF
about sl0,000,000. This expenditure is
unwise due to pressing financial re-
quirements in other quarters. Further
more, there is grave danger that the
taxpayers of the District Of Columbia
will be required to pay for the reloca-
ton Of roads and alteration of parks to
complete the plan. This phase is more
expensive than erection of the building
(4) Destruction of the cherry trees
would be mourned from coast to coast
by millions of Americans who recall
them from previous visits and who look
forward to returning to review their
glories in future years In this connec-
ton we do not believe it is we'll to
Evening star., 1937-04-23

ago to $3,244,265,243. The January
budget estimate for internal revenue
was $5,1ss, ,o2o, 900 for the entire year.
1t was an advance survey Of the
nine months collections which led
Mr.. Roosevelt to scale down the in
ternal revenue forecast this week to
$4,549, 900 900.
March income tax collections
backbone of the internal revenue
structure-fell substantially below the
estimate Of s840,0OO0O0. They to-
tailed $s94, los, 1898, which was $287,.
Evening star., 1937-04-23

ciaS estimated an average Of 1,786, 900
persons could be given relief work
under the Presidents proposal, COM
pared with 2,114,790 on the rolls
March 81, the last date for which
figures are available.
Revenue from so Of 65 Federal tax
classifications increased in the last
nine months, report disclosed mean-
while but the gains failed to reach
President Roosevelt's original budget
estimates.
Aggregate receipts climbed $685.
1888, $50 over the same period year
Evening star., 1937-04-23

anticipate saving or transplanting
these trees according to present plans.
It will obviously be impossible to save
more than q handful, transplanting
most Of them is impossible, and further
inclusion Of them around the new
basin does not seem feasible"
Evening star., 1937-04-23
Memorial

CONTINUED From First Page.)
Evening star., 1937-04-23

Tomorrow take advantage Of the spe-
cioI low Exhibition Prices on all uphoI-
stored furniture. See the newest de-
signs and latest uphoIsteries. Hun
dreds Of pieces and suites await your
inspection.