davidaulloa/AmericanStories huggingface dataset:
The Washington times., 1938-07-05

borrowed the money from United States citizens
as slightly lower rates-for example, Liberty
Bonds carried AZ per cent interest.
IncOrrigible Optin1ists
EFTEEN years ago, after two years of war,
We were still incorrigible optimists. Having
set out to save the world for democracy and
make it safe for dictators, we readjusted most
of the debts by cutting the interest rate and ex-
tended the time Of payments over sixty-two years.
We thought we were making the world safe for
repayment of loanS
We not only did this, but also almost handed
our erstwhile pals our financial shirt as we'll At
the time Of readjuStment the United States Gov
eminent was paying about AZ per cent on what
: 1t owed. But so bighearted were we that foreign
The Washington times., 1938-07-05
World of Finance By Lewis Haney

the first type. Steel prices were held unchanged
while most other prices were declining. Now they
are belatedly readjusted to the lower general
level and this will eventually help to increase the
buying of steel.
1t is characteristic of the steel industry that
prices are always slow to decline at times Of de-
preston. Thus, when they do come down and get
in line with the average, we may be fairly sure
that the end of the depression is not very far Off
In 1923'24, finished steel markets were held
practically unchanged for over nine months, until
February. 1924, and the bottom Of the 1924 de-
preston came in June. This time they were
held for over year. Maybe the bottom Of the
current depression is very near.
This time however, the maladjustment between
steel and other prices is greater than usual. This
is largely due to the high wages paid, but it is
none the less a drawback to increased business and
employment. Ordinarily a wage cut would be
required to complete the readjustment and allow
sustained recovery.
The Washington times., 1938-07-05

y
with the customary release
at the time, but larger farm
thinkers in the department got
to thinking the edicts might not
look very good in print. AS
Mr.. Roosevelt was making those
New York speeches denouncing
regimented nations, it was
deemed wise to let the 47-page
ukase dawn gradually upon the
public INDEPENDENTLY Part
w, Section 401, which will al.
ways hereafter be known as "the
decree of the white sheep and
red goats"
This decree provides that a
card of purest white must be
issued to every cotton farmer
who signed up for what is more
or less facetiously called the
voluntary" crop reduction pro.
gram.
This white card will contain
the farmers serial number,
given him by the county COM
mittee; his name, address, sig
nature, and a code number 10
eating his farm by State and
county. He is to be a white
sheep, a man of honor.
To goats who do not sign up,
a card Of deepest red is to be
issued. containing the same data
as the white cards, but printed
on cardboard hued with the
mark of shame Cor is it 0ourage)
He is to be a red goat, a man
to be shunneG by all except Re
publicans.
No others are to exist among
cotton farmers, only white or
red, sheep or goat.
x
The Washington times., 1938-07-05

as cancellation" 1t is a mat
ter of transfer. The debts
must be paid by some one,
since they are on the books.
If those who borrowed do not
pay, then we, as United States
taxpayers, pay.
In answer to the second, the
cancellationiSt or reviSioniSt
denies or evades this issue.
Why?
The original loans were
made at S per cent. The
United States Government
The Washington times., 1938-07-05

young woman, who used to be
q fat, roly-poly little girl, not
knowing what it was all about,
and who today, and not for the
first time, seems to be bounded
snd driven by a tragic fate.
/. I was so sorry when she gave
'Wl her American citizenship.
Her great fortune was made
over here by a clever father,
and I should think the child
wo lid be proud Of it. America
has always been very kind to
Barbara. When she was so
The Washington times., 1938-07-05

deSr erately i'll having her little son, the re-
porters on every newspaper went hours without
sleep to keep her country informed of how things
were going with her.
Then take the girls who work in her 5-and-10-
cent stores; the long, heartbreaking hours they
stand and the comparatively small wages they
receive Many of these girls are prettier than
Barbara herself. Yet, what do they see when they
pick up paper after firing day at one Of her
stores? Here is one of their bosses handing
million after another to foreign husbands.
You can't blame these girls for thinking:
swell, what's the use; lifes not fair after all"
Unn1indful of Responsibility
VTNHERE is no use talking, Barbara Hutton with
her great fortune and all the other people
with great fortunes have q terrific responsibility
to live up to- 1t is just their pathetic determine
ton to lead their own lives. regardless Of who
pays the cost, that creates the unrest, the dis
satisfaction, and the doubt in the workingman's
mind.
The man on the street has had quite good
IDEAL to swallow in the last few months. Take the
case Of Whitney, the king of Wall Street. The
great bankers knew he was doing wrong, but did
The Washington times., 1938-07-05

S G n e d by
A gri culture
S e cr tary
Wallace more
than a week
ago-but no
pictures were
taken and the
pen was not
awarded to
a n y on e. In
fact, no pub
licity was is
sued at all
then.
T he AAA
press section
WAS re QH v
The Washington times., 1938-07-05

trained reserves who at present are
equipped with Springfields. Assum-
ing that each reserve is equipped
with the new gun, the Army's total
theoretical strength would be in
creased to the equivalent Of 2,375,-
900 men.
The old Springfield, considered
by Army experts as without peer
in its class, was used during the
World War. Production in great
quantities was limited, however,
because of lack of facilities.
The Washington times., 1938-07-05
''B:ut-

MANY Americans have the idea that the
AVA United States has already Cancelled" more
than onehalf the war debts.
They also believe the acceptance of the Hun
garian plan (pay the principal and forget the
interest) would put most of the remainder of
the debt on the United States taxpayers back.
In answer to the first there is no such thing
The Washington times., 1938-07-05

An official report by the Army
Ordnance Division said that the
new Semiautomatic is Of the same
caliber as the Springfield, uses the
same ammunition and is equally
accurate.
THE new arm is Of semiauto-
matte, gas-operated type, which
means that the loading mechan-
ism is actuated by means of gas
pressure generated when the car
fridge is fired in the chamber"
The Washington times., 1938-07-05
A Sorry Picture Everywhere


THEN take the spy plots that apparently have
l. flooded America; not only flooded America,
but also reached up into the highest diplomatic
channels of London. The awful pictures Of the
bombing one sees every time one goes to a moving
picture; the taxes being raised on even small in
comes; hundred men to every job that is open;
women and children right here in Washington
going hungry; and then this poor child Barbara
with her foolish striving after happiness. She
doesn't seem to realize that real happiness only
comes from the inside.
hear this child does great deal of good in a
great many ways with her money. But that GER
tainly does not offset the blazing headlines that
have been in the papers for the last 10 days and
the unrest and destructive forces her actions are
bound to cause.
1t is a new shuttle Of the cards all around.
People with power, with money must not only
earn the respect of their fellow-men but they
must keep on living their lives with dignity and
consideration. The masses Of the people have
about reached the point df they have not already
reached it, where they are beginning to say:
I'm from Missouri, you'll have to show mel"
Believe me, if the Socalled great men and
women of power do not get back mighty quick to
a fair and honest standard Of living, we simply
cannot blame the radicals and the trouble-makers
for getting the power into their own hands. Once
this is accomplished, it is the beginning Of the
end; and, remember "you must practice what
you preach in this world"
The Washington times., 1938-07-05

same time that commodity
price averages have risen, there
has been a demand for wage
reductions. Steel stocks have
scared on the exchanges; but
the steel companies have been
slashing the prices Of their
products, and one prominent
steel executive has deplored the
reduction.
The questions are these: Are
we going to have the deflation
in commodity markets that
m any pessinistic observers
The Washington times., 1938-07-05
Adjustable Rates

WALLACE has a new ever
w normal granary" idea for
railroads. He may shortly come
out for high rates in times of
prosperity and low rates in times
of depression by automatic &C
tion.
The Washington times., 1938-07-05
World Deflotion Doubted

THIS condition suggests my answer to the other
question, namely, are we in for world de-
flation?
I do not believe it to be at all probable that
labor will take much Of cut in hourly wages,
or that the politicians will ask the laborers to do
so. Therefore, do not believe that deflation is
to be expected.
In fact. the only politically possible way to cut
wages is to initiate prices. Misguided labor leaders
blindly insist on so many cents per hour or dollars
per day, and will not yield penny. Accordingly,
the politicians devalue the currency or otherwise
depreciate it, that prices in dollars higher
This automatically reduces the quantity Of food,
clothing, etc., that the laborer can buy with his
dollars. Thus the real wage is reduced.
The Washington times., 1938-07-05
By EValyn Walsh Mclean

not feel it was up to them to inform on him.
They should have said:
Here, Whitney, we will make good what you
owe to save your poor investors You get the
heck off this stock exchange, so you can't hurt
any more people"
But, no, they sat back and let him go on when
they knew he was headed straight for destruc
ton. And what was so much worse, the life
savings of so many poor people were wiped out by
his failure.
The Washington times., 1938-07-05
WORLD ADVANCE
u, S, UPTURN KEY,
HOLDS KENNEDY
Recovery Here Hinges
On International Gains

LONDON, July 5 QNS).
United States Ambassador Joseph
P. Kennedy told the American
Society at its annual independence
Day dinner last night that Amer
ica's economic revival is de-
pendent on conditions in the rest
of the world and that America
cannot live by herself.
Speaking only few hours after
his return to his diplomatic post
here from a short Sojourn in the
United States during which he
talked with President Roosevelt.
the ambassador further asserted
he saw little grounds for believing
that the Republican party will
supplant the Democrats in 1910
in the national administration.
AMERICA REVIvING
Kennedy's address followed a
significant speech by Capt. An
thony Eden, who resigned as Brit
ish foreign secretary in protest
against giving concessions to Eu-
ropes relationships. Eden called
on the United States to join with
Britain in drive to establish "in-
ternational order"
Noting the recent upsurge in the
New York Stock Exchange as a
weather vane for the future, Am
bassador Kennedy said:
America is reviving from her
economic difficulties. Only the
future course of the world can de-
termine whether this revival will
be permanent.
On the subject Of Americas po-
Sition with relation to other coun-
tries, the ambassador declared:
I'VE are finding more and more
that nations cannot live to them
selves with any more happiness or
comfort than can individuals.
I'VE cannot be prosperous in
the United States if the rest of the
world is suffering. Nor can the
rest Of the world climb the eco
nomic and industrial grade if we
in America are poor"
COP HOPE SLIGHT
Turning to internal political
questions in the United States
with reference to the 1888 congress
Sional elections next fall and the
1910 presidential campaign, Ken
nedy said:
ut appears to me that with busi,
ness picking up and with stock
market quotations rising almost
daily, my Republican friends have
very little basis for the eXtrava'
CANT hopes I hear them sometimes
eYnreSS
The Washington times., 1938-07-05
My Say

u0W well the case Of pathetic little Barbara
Hutton shows that a great fortune many
times may be great handicap. Here is a very
The Washington times., 1938-07-05

!
have feared? Are price reductions desirable at
this time?
Taking up the latter question first, I will say
that some price reductions are desirable and
others not. Probably the current reductions in
finished steel are desirable. But doubt that
cut in the price of steel scrap is to be desired.
Probably there are good many cases in which
hourly wage rates should be reduced in order to
allow the workers to have FULL. EMPLOYMENT
and earn LARGER WAGES PER YEAR.
Two Conditions Factors
TWO CONDITIONS are usually among the most
l. important factors in encouraging recovery
in the business cycle: One is general readjuSt-
ment Of prices which have got out of line. Such,
a general readjustment is desirable for the pur-
pose Of enabling buying and selling to resume
normal proportions. The other is reduction in
raw material prices to a level somewhat below
their usual relation to finished goods prices This
!. tends to stimulate recovery by allowing greater
profits.
The current mark-down in finished steel is of
The Washington times., 1938-07-05
News Behind
The News
(world Copyright. 1888, by King Fea-
lures Syndicate. All Rights Reserved.
Reproduction in Full or in Part
Strictly Prohibited.)
BY PAUL MALLON-

Dulles and regulations under
~ which $500, 900 cotton farm.
ers must live henceforth were
The Washington times., 1938-07-05

NEW YORK.-The recent movements of prices
have been confusing to many people. Some
prices have risen, others have declined. At the
The Washington times., 1938-07-05

THE Treasury estimates that we conceded more
l. than SIX BILLION DOLLARS: or more than
one-haH the total obligations of the debtors
But the Treasury points out that the REAL LOSS
lies in the difference between the interest rates
allowed the debtors and the rates the United
States Government must pay. The Treasury con-
fesses that here it is stumped in trying to figure
out this loss because Of the ups and downs Of
interest rates on Government obligations.
These observations, however, are believed to be
reasonably correct:
Up to recent times the United States Govern
ment has been paying about per cent on bonds
made necessary by the foreign war debts. Con-
sidering the difference between per cent and
4 per cent on the one hand, and the actual out
lay of the American taxpayer to meet the in
terest demanded by the United States Treasury,
almost one-half (more than 40 per cent? Of the
debt was taken from the foreign debtors and
saddled on the backs of American taxpayers.
The American taxpayer was paying per
cent. The European debtor 2 per cent Thus,
for every ONE DOLLAR of interest the European
paid u.s. the American taxpayer put up AN
OTHER DOLLAR of his own. And he was the
one who made the original loans!
Copyright Ledger syndcate)
(Boake Carriers opinions are his oWn ana not
necessarily those OF The Washington TtmeSJ
The Washington times., 1938-07-05
Says Boake Carter

debtors under the readjustment paid about 2
per cent average interest.
The new rates varied all the way from 3h per
cent for Great Britain to one-half of per cent
for Italy. France drew 1 per cent until 1941.
No interest at all was charged Belgium on her
debts incurred prior to the Armistce. United
States taxpayers magnanimously shouldered that
burden!
The Omaha guide., 1938-12-17
VETERAN OMAHA CITIZEN IS
BURIED

Mr.. Walter Scott Daniels, a resi-
dent of Omaha for fifty years.
passed away Thursday December Z,
at 3:45 a. IN, He was buried Sat
urday at 2 P. NJ. from the Myers
funeral home. Mr.. Daniels was born
in st. Joseph, Mo-, He came to
Omaha at the age of Is years. On
two accassions he had offers to be-
come a policeman, in 1905-1908.
He would not accept the position,
saying "Police always have enc
mics" He was quiet, sober, honest
loving son and husband. He was
the son of Mrs. Mary Wilson, bro
Their of Mrs. Dora Washington,
Mrs. Nora Harris, and Mrs. Geor-
gia Watts. The family wish to
thank the many friends and neigh
bors for the kindness shown them
in their bereavement and for the
beautiful flowers.
The Omaha guide., 1938-12-17
Lodge Says He
Will Study Bill For
The Next Congress

Boston Dec. Is (ANP)="I as
sure you I shall carefully study a
bill petitioning for the admittance
of Negroes into all branches of
the United States army, navy and
air force.
al am opposed to discrimination
in the public service because of
race, creed, or color"
So wrote the Mass. militant and
youthful senator, Henry Cabot
(R), in a letter last Saturday to
Made Kountze, Boston represen-
tative for AMP.
Senator Lodge was informed of
the anti-Jim Crow bill originated
by Robert L. Vann, Pittsburg edi-
tor and this year carried to the
congressional floor by Hamilton
Fish of New York. Mr.. Kountze
requested the stand of Senator
Lodge for publication and a reply
was mailed him early the same
week.
The Omaha guide., 1938-12-17
U.S.. SUPREME COURT RULES
THAT NEGROES MAY ENTER
UNIVERSITY OF MISSOURI

Washington, d. c. Dec. 15 IAN
P)-Tae right of a qualified Negro
STUDENT to enroll at the University
of Missouri was upheld here Mon
day by the U. S. Supreme Courts
ruling that the university law
school should admit Lloyd L.
Gaines, st. Louis resident, as a
student.
Gaines has an A. B. degree from
Lincoln university, Jefferson City
Mo-, and together with his coun-
sci has waged an in%sistent fight
against the University of Missouri
Jim Grow rule since he was denied
admission there to pursue his work
as a law student.
Student Gaines maintained that
he was rejected solely because of
his color and this constitutes a
violation of the equal protection
clause of the Federal constitution.
His petition stated that there were
Is states that exclude Negroes
from state universities because #
of race or color.
The Omaha guide., 1938-12-17
Father LaFarge Friend
of Min0rities HonOred in
New York City, N. Y.

New York, Dec. Is (C)-Father
John LaFarge, associate editor of
"Ameriea," national Catholic week
", and chaplain of the Catholic
I~nterracial Council, who is widely
known of the book, "%Interracial
Justice" was honored with a din
ner at the Town Hall Club, 1913
West 43rd street, Tuesday evening
which was attended by nearly three
hundred persons prominent in re-
ligious and social welfare circles.
Father LaFarge recently return
ed from an extensive six months
tour of Europe, where he observed
the trend of "racism," TO which
he is vigorously opposed. The wri-
ter declared in his speech that
"iRacism" is on the increase in the
United States, and that it is prin-
cipally directed against Negroes,
foreigners and Jews.
Colored speakers were Elmer
Carter, editor of Opportunity, DIR.
Hudson j. Oliver, president of the
Catholic I~nterracial Council, and
Rev. Gladstone o. Wilson, Catholic
priest from Jamaica, B. w. l.
The Omaha guide., 1938-12-17
SENATOR HITS
ARMY JIM CROW
PRES. WILSON'S ATTITUDE
ON NEGROES REVEALED

New York Dec. ia report
of an interview wit hthe late Pres.
Woodrow Wilson in October, 1918,
on the treatment of the Negro is
contained in the December issue
of The Crisis Magazine, official
organ of the National Association
for the Advancement of Colored
People.
The interview written by Oswald
Garrison Willard, famed contribut-
ing editor of The Nation, tells how
Willard carried the protest of Ne
groes against segregation in GO
vernment departments directly to
the white House. Willard was a
close friend of Wilson and after
having luncheon with the presi-
dent, had a discussion of more
than a hour of the whole of ques-
ton of Negro citizens.
Willard reports that Wilson told
him, ~ have thought about this
thing for 20 years, and | see no
way out. 1t will take a very big
man to solve this thing.
The Omaha guide., 1938-12-17
CAPTURES OWN SON TO RE-
TAIN HIS "Go0D NAME"

Clinton, N. C. Dec. 16 amp
Because he wanted to maintain his
"good name with the white folks"
Annie Williams, SO years old, last
Saturday captured his own son,
Raymond and surrendered him to
Constable E. B. Beasley, to face
a murder charge.
The constable said that Raymond
was held in the Staying and robb-
ing of Nathan Ref, 4s of Harris
burg, Pa, merchant who was club
bed to death near here last Thurs
dag. A coroner's jury named young
Williams as the slayer. Three 9TH
er Negroes were ordered held as
material witnesses by the coroner's
jury. Raymond's aged father said.
81 know my son will go to the
gas chamber, but | want to e the
right thing DONE"
The Omaha guide., 1938-12-17
r COLLEGE
GETS $4,000 FROM
ROSENWALD FUND

Atlanta. Ca, Dec. Is CA
gift Of $4,000 to Morris Brown
College, one of the largest grants
made to Negro institutions in the
past year, and the largest ever
made to a school of the A. M . E.
church, has just been announced
by Bishop w. A. Fountain, chair
man of the Board of Trustees.
This gift marks another mile
stone in the progressive caseer of
tho dynamic bishop. who is giving
his life to the cause of education in
Georgia, and to Morris Brown Coll
ege, which is rapidly taking its
place in the ranks of the leading
Negro institutions of higher learn
ing.
The Omaha guide., 1938-12-17
Interrace Conference
Advocates Opening All
Episcopal Colleges To
Negroes Bill Passed

Chicago, Dec. 16 (ANP)-Open-
ing of all colleges and seminaries
operated by the Episcopal church
to Negro aspirants for the priest
hood was one of the most impor-
tant resolutions passed by the 1000
delegates attending the National
Interracial Council of Churchmen
held at the international house of
the Unigersity of Chicago Tuesday
and Wednesday under the auspices
Of the Joint Commission on Negro
Work of the Protestant Episcopal
church.
The Omaha guide., 1938-12-17
GEORGIA
BURNS SIX
NEGROES

Reidsville, Ga, Is Six Negroes
convicted of murder, went to their
deaths singing "The Lord is Com
ing and reciting the Lords Pray
err today in the biggest mass exc
cution of Georgia's history, while
a white man, also convicted of
murder was granted a last-minute
reprieve.
The seventh man scheduled to
die in the electric chair was Tom
Dickerson, a farmer who killed a
baby born as a resul tof incestuous
relations with his daughter.
Meanwhile the state claimed the
lives of Jim Williamson, Charles
Rucker, Raymond Carter, Arthur
Perry, Arthur Mack and Willie
Russell.
When the second man, Arthur
returned to the prison warden and
Mack. entered the death chamber,
asked: "Can I pray?"
The warden nodded and the man
knelt before the square-backed and
prayed aloud for two minutes. At
ter the final "Amen' he rose, turn
ed and sat in the chair unassisted
and repeated the Lords Prayer un-
til the jolt of current hit him.
The Omaha guide., 1938-12-17
MEMPHIS DAILY PAPER
CONDEMNS LYNCHING

Memphis, Dec. 16 (ANP)-The
Memphis Press Scimitar, a Scripts
Howard newspaper, Of which Ed
ward J. Meeman is editor last We'd
nesday delivered editorial rebuke
to the lynch mob at Virgins, Miss.
and told how Hitler's Nazi press
will focus attention on Americas
lynching of "a years old Wilder
MCGOWAN.
The Omaha guide., 1938-12-17
Mother of Alice Kip
Rhinelander e
In New York City

New Rochelle, n. Y. Dec. Is =
Mrs. Elizabeth Jones, white, 76-
year-old mother of Mrs. Alice Kip
Rhinelander, died Monday in her
home. She testified for her daugh-
ter, Alice at the trial which the
late Leonard Kip R~hinelander in
stituted at White Plains in an at
tempt to annul their marriage.
Painelander charged that his
wifi had misrepresented herself as
2 white woman when he married
het in 1924. She then was a laund-
res and her father a cab driver.