davidaulloa/AmericanStories huggingface dataset:
Evening star., 1938-04-18
BY the Associated Press,

BY the Associated Press.
NEW YORK, April 18.-United
States Government issues remained in
the bond market spotlight today with
further gains ranging to more than a
point.
Not quite as buoyont as on Saturday,
Federas nevertheless dominated the
entire domestic list which showed a
liberal sprinkling of gains in the final
hour.
With trading sentiment still re-
sponSlve to the credit expansion pro-
posals contained in President Roose-
velt's recovery message last Thurs
day, demand for the general run of
Governments was broad enough to
absorb profit selling and carry the
list to new highs for the pair upward
movement since last Thursday. A rise
of is points in Federal Farm Mort
gage 234s was regarded as an adjust
ment to sharp upturn in Treasures
in recent sessions. Two or three of
the Treasures turned reactionary in
the late trading, but losses were mar
row.
Despite some laggard performers
corporate loans improved over
broad>front. Leading gamers includ-
ed obligations of Baltimore & Ohio,
Chicago & Western Indiana, Santa
Fe, Bethlehem Steel Great Northern,
Lehigh Valley, Louisville g. Nashville
and Studebaker.
Evening star., 1938-04-18
CRUDE OIL PRICES.

TULSA. Okla, April 1s t49.-Base crude
|oil prices:
|sravity scale, csc to 81 .30 North. North
Central and West Central Texas, gravity
SCALE. 96c to 81 20; East Texas, S1.35:
West Texas tPermian Basin) gravity
scale, 7Sc to S1.OS: North Louisiana.
Arkansas gravity scale 90c. to S1.22
Rocky Mountain area--Salt Creek. Wyo.
|scavity scale, 81 .O6 to 81 80.
Eastern area-Pennsylvania grade (Brad.
|fofd. .Alleghany), S2.05: same grade ir
grade in Eureka lines, 81 .65: same grade
i'm Buckeye lines. S1.55; corning. S1.27.
Evening star., 1938-04-18
CHICAGO PRODUCE.

ea 1racks hehs easier baanee Steady
hens over pounds. 1877: 3 pounds and
uoored uads 81 shoTn hens snsk erqieTs Wsi.
Rock. 24is: White ROCK, s5,s: springs.
eolored. IS; Plymouth and White Rock.
hens. 26}s: young Toms. %: old. IS IS; No. 10.
2 turkeys IS: ducks "A pounds up.
colored 20; white: 81: small, colored u;
butter .I2s: IsS BOUNDS: weak. Cream
cry: Specials 1913 score). .26A-ia; extras
1922. 26; extra nrsts ,t90-9D. 24-25;
s s5 ss sosSi: stssdaSds 80 sSessSs ssas.a.ssd hss
Fresh GRADED extra nrsts. local: II; cars.
IS; hrsts; iocalk 11A; cars, l5a.: cur
l't Potasoes. ssss 17s: ~ on track, s4e; total u
g shipments. Saturday 7sl; Sunday. 107
nand 1d :Sx ico1 No1ths:n .a Stosk arm; ssmsnd
per cwt. Idaho Russet Burbanks. U. s.
Nc, ! 1:59,so; Washington Russet Bur.
Dakota cobblers. 80 per cent U. g. No. |.
ohios; 80 per cent o. S No. ! and better,
No New rsanf soef waas wne' SUPPLIES y
Texas 50-lb sacks. q. 8. No. /. 1886;
Florida. bushel crates, U. S. No. !. :22la-
167h-7O; Louisiana, 16O-75.
NEW YORK BAR SILVER.
NEW YORK, April 18 (P.-Bar
silver 42a4, unchanged.
Evening star., 1938-04-18
DECLINE IN CASH FARM
INCOME is PREDICTED
By the Asso ociated Press.

By the Asso ciated Press.
The Bureau of Agricultural Eco
nomics predicted that the national
cash farm income during the first half
of 1898 would be about s3,OOO0Oo, 900,
or about S5O3, 100000 less than during
the same period last year.
The prediction was based on a con-
|tinued weakness in the domestic de-
mand and lower prices for farm prod
|Acts and increased evidence of re-
cession in business activity in foreign
countries which are markets for
American farm products s.-
Evening star., 1938-04-18
NEW YORK LIVE STOCK,

Of Agriculturel Cattle. 1850. including
1910 direct. Steers unsold early Bulls
demand fairly. active. market 25 higher
than last Wednesday, cutter to medium,
5.50-7.50: some heavy at 7.25 Cows.
demand fairly active; market 25 higher;
!ow cutter and cutter. 4.2o-6.00. some
400 and below; common and medium,
mostly H.Q0-7.0
Vealers and calves. 5.O4O. including
liberal receipts; market opened Sol 90
,ower on good and choice grades COM
mon and lightweghtS uneven: good to
choice. 13S-1S0 pounds. 1O.50-l1 so: top
1.50: bulk plain grades below 105 rounds
600-7.25. some culls down to LOO per
head.
Sheep and lambs. 14,s20, including
"A 800 direct. Market nominal
Hogs. $3.50 including 5000 direct
Market 10 higher. 1S9 pounds. 500.
Evening star., 1938-04-18
BOSTON WOOL MARKET.

Sentiment toward currenly quoted prices
lon greasy shorn domestic wools was mildly
Optimistic among members Of the Boston
trade today. Quotations have not shown
any market changes over the week end
Some inquiries were being received from
manufactures and topmakers, but actual
business was very moderate. All branches
of the wool trade we're keeping a very
close watch for any sign of increased ac-
tivity IN the market for goods.
Evening star., 1938-04-18
q. S. TREASURY POSITION.
By the Associated Press.

81 the Associated Press.
The position of the Treasury on April
! ): Receipts. S35 ,403. 066. 10: expenditures
S33, 470.316, 13: balance, S2.927. .O59,-
s53.2S; custoY,s receipts for the month,
Receipts for the fiscal year since July
]. 81 ,94S, S,S02, ,567 80: expenditures. So
I36. .446.S49. including ST.. .632, ,S79- =
ABA. .1S Of emergency expenditures; excess
of expenditures, ST. .0s7, ,6442s1 .43: gross
debt. &37. 563. 35S.2S7.11 a decrease of
S707 .477.9 .95 below the previous day. Gold
assets, $12 2S27,912. .6S9.67.
Evening star., 1938-04-18
EXCHANGES ARE CLOSED.

NEW YORK, April l8 (P).-With the
exception Of the Winnipeg Grain Ex-
change, all Canadian and European
commodity and security exchanges
we're closed today, Easter Monday.
American markets resumed trading as
usual
Evening star., 1938-04-18
Washington Exchange

Potomac Electric Power 5l29o pfd.-
at 113.
Mergenthaler Linotype-lO at %.
Bid and Asked Prices.
Evening star., 1938-04-18
MONEY MARKET.

NEW YORK. April IS o1.-call money
pap@, / per cent Time loans, 6O-9O
dayE IA; 4-6 months, "A per cent.
Bankers' .acceptances unbalanced; 60-90
cent? SO months. ss-is per cent Redis-
couIN rate, New York Reserve Bank, l per
Evening star., 1938-04-18
q oDD.LoT DEALINGS.

T01 Securities Commission reported
today these transactions by customers
With edd lot dealers or specialists on the
NewRork Gt0ck Exchange for April 10:
1898 purchases involving 207.3S1 shares;
6.060 sales involving 1851 shares.
Evening star., 1938-04-18
compared with 934 for the previous
week, the bureau said.

Marketings Of spring wheat re-
NAMED relatively small, with 155 cars
received at Minneapolis and Ill cars at
Duluth. However, 40 cars Of the Min
neapolis receipts were winter wheat
and 40 cars durum. The bureau said
that, while demand for spring wheat
was not aggressive, millers were fairly
active buyers and current offerings
were readily taken.
Intermountain and Pacific Coast
markets showed little change from
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1938-10-27
Farmers Raise Voices as
Schemes ProUe UnUorkdbIe

AS the latest schemes from the
department have proved unworka-
BILE, the farmers with their better
knowledge of what is good for the
industry have raised their voices in
objection, Notwithstanding the
checks. Mr.. Wallace and his the
orists have had to look quickly for
something new. They have hit upon
the two-price system, largely in
hope that they can stall off gen.
eral farm uprising, but also because
the idea of governmental purchase
of farm crops has piled up such ire
mendous stocks that the boys are
afraid their lives will be snuffed out
by cave-ins. In other words, the
small houses they were building
have turned out to be skyscrapers.
It is not only my conclusion that
such things as the recently tried ex-
port subsidy idea have failed. An
other, and very important, agency
of the government apparently has
reached the same conclusion. Only
recently, the department of state
took slap at the Wallace policies
on export subsidies. Assistant Sec
rotary Francis B. Sayre was the
voice of the department of state in
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1938-10-27
Bruckart.s Washington Digest
BrucIsarts Washington Digest
Wallace Proposes Two-Price Plan
To Market Agricultural Surplus
System Would Create Class Distinction in This Country
and Open Road More Graft and Corruption; Farmers
Rebel as Various Schemes Prove Unworkable.
By WILLIAM BRUCKART
wNU Service, National Press Bldg, Washington, D. C.

this instance, and he said in a New
York speech:
In many minds, export subsidies
offer plausible solution; but such a
method is as unsound at bottom as
it is plausible on its face. Practi-
cal experiences in numerous coun-
tries have shown that this method
creates more problems than it
solves. Export subsidies are pow
erless to move exports in the face
of foreign quota restrictions, Ii
censes, etc"
And so forth. Now Mr.. Wallace
said that quotas, licenses and that
sort of thing had forced the export
subsidies, but apparently the depart
ment of state thinks it is the other
way round. Mr.. Sayre, of course,
was supporting the reciprocal trade
agreement program that is fostered
by Secretary Hull, and whether you
believe in that idea or not, you can
hardly dodge the fact that trade
treaties at least seek to put a stop
to the building of more trade re-
strictions. Mr.. Wallace's export SUBJ
sides invite new action against our
shipments. Department of state
plans consider the world market and
hope for American entry into them;
Mr.. Wallace apparently is willing to
destroy them by using up our re-
sources to undersel the others, thus
giving foreigners the benefit of low
prices which consumers of America
cannot have.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1938-10-27
HoU Viii History Regard
Policies of Wallace?

So, when we see Mr.. Wallace's
own policies doing a contradictory
loop-the-loop; when we find him try
ing to promote foreign trade by kill
ing the goose that laid the golden
egg, and when we find him turning
to the development-or, considera-
ton, at least,-of scheme to Gre
ate class feelings within our own
population, I wonder what the end
will be. To repeat, l cannot help
wondering how history will regard
him and the policies he is now seek
ing to carry through.
Mr.. Wallace made a speech to a
group of Washington women the 9TH
er day, in which he said that the
Democrats were now paying off the
debt to the population which the
Republicans had created. The farm
benefits that are being paid out I'M
der the New Deal were held to be
liquidation of obligations which the
Republicans caused to be estab-
lished by their administrative fail
ureS.
The Republicans were in power
for II years preceding the New
Deal. I had the privilege of watch
ing them ball up the farm problem.
They played politics with it, too. !
think that probably about the only
difference in the situation, by and
large, is that the Republicans spent
only about Is per cent as much out
of the treasury as Mr.. Wallace has
done and they did not try as many
assinine schemes.
q Western Newspaper Union.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1938-10-27
Buying Surplus Products
To Care for Destitute

Again, assuming that it is neces-
sary to care for the destitute-and
nobody can deny that either the
states or the federal government
must do so-why is it necessary to
further complicate the present prob
lem of feeding the poor by this half
baked scheme? The surplus COM
modify corporation has been buy
ing SURPRISES from the open mar
ket. The purpose was to take off a
price depressing influence. It was
designed to make a price for the
farmer somewhat higher than would
have obtained, whether it has &C
complished that end or not. In any
event, the surplus products that
were used to feed the poor were CIV
en- to them and that action has had
very little effect upon the stability
of prices.
But Mr.. Wallace is not satisfied
with that arrangement. Why? Well,
apparently, he is getting afraid of
the huge piles of government-owned
products, acquired because of the
fuzzy character of his earlier prom
ises to make agriculture safe for
democracy, or the New Deal, or
something.
Mr.. Wallace's experts have just
concluded a survey which leads to
the conclusion that if everyone in
the United States had an adequate
diet" this country would consume
all that is produced on farms an
nually, and in addition would re-
quire the production of two addition
al states of the size of Iowa. We
must assume that their findings are
correct, but questions will occur to
everyone about them. First, what
is an adequate diet? People have
different ideas about that, especially
the fat man or the fat woman who
wants to hold the belt line within
reason. But the more important
question is: if there is that addi-
tional production needed to insure
an adequate diet, why does Mr.. Wal
lace still cling to crop control, to a
scheme for cutting down produc-
ton? The two systems do not rhyme
in my humble mind.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1938-10-27

Originally composed of seven TO-
000-ton light cruisers and seven de-.
stroyers, the Atlantic squadron now
also includes the four battleships
and IA destroyers of the training
detachment and three cruisers, the
Concord, Trenton, and Cincinnati,
which are en- route to the east coast
from their San Diego, Calf, base.
Admiral Johnson's flagship is the
New York, now at Norfolk, Va. The
other battleships are the Arkansas,
Texas, and the demilitarized Wy
oming.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1938-10-27
Defense

Though the Munich agreement
was aimed to preserve Europe S
peace, its immediate result has been
feverish rearmament. Great Brit
ain has made plans for Consumption
and new airplane factories; France
has appropriated 1920, 900, 900 francs
for military spending and 8S7 900, 600
more for her navy; Germany is
rushing fertilization of her Belgian
frontier; Italy speeds barriers in the
Alps.
Few Americans have hoped that
the u. S. can avoid similar prepare
tons. Loudest persuasion of all has
come from Britain's Winston
Churchill, whose short wave broad
cast urged the U. S. to take a COM
manding lead against dictators, to
join Britain in stopping "isms" be-
fore it is too late. Added impetus
has come from current U. S. espion-
age Investigations (see DOMESTIC).
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1938-10-27
International

The U. S. has long maintained
splendid trade relations with West
ern hemisphere nations, has more
over done this without resorting to
heavy ornaments. Until five years
ago the u. S. was similarly strong
in China. Reason: European and
Asiatic nations have always been
busy at home, not daring to risk in
vasion of the Western hemisphere.
But since Japan became supreme
in the Far East, the U. S. has been
forced to expand her Pacific fleet.
If this was cause for worry, much
greater cause is the Munich pact
which sheared friendly France and
Britain of their power. Dominant in
Europe, anxious to increase their
foreign trade, Italy and Germany
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1938-10-27
johnson Takes Command of
Huge New Atlantic Fleet

WASHINGTON. - Rear Admiral
A. w. johnson has taken command
of the new Atlantic squadron, Great
ed in August and more than dou-
bled in size since by combining with
it the navy training detachment.
Navy officials said Johnson, as COM
mander of the training force, out
ranked Rear Admiral Ford A. Todd,
who first was put in charge of the
new east coast unit.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1938-10-27
Short Aerial Saves PARTY

An SOS sent out over seven-foot
aerial slung from the scrub bushes
in waterless desert in the heart of
Australia, 500 miles off the air
routes, saved the lives of seven mis-
sionaries. Sydney reports that their
radio transmitting set, operated by
a pedal, which was specially in
vented for such an emergency, sent
out a request for gasoline and spare
parts and gave the party's location.
Rescuers started out as soon as the
message was picked up
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1938-10-27

business men have formed COM
pany to develop the discovery for
worldwide exploitation.
The process was discovered by a
Durham specialist in diseases of the
arteries, who expects it to revolu-
tionize the food industry.
Sugar is understood to be the base
of the process, and the apparatus
for manufacturing the gas consists
of small vessel containing the liq-
uid which gives off colorless gas
which is said to keep eggs in new
laid condition for nine months.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1938-10-27
Find Way to Preserve
Foodstuffs With Gas

Official anatomists in Cape Town
have announced discovery of proc
ess of preserving foodstuffs by
means of a gas, writes a Durham,
South Africa, United Press CORE
spondent.
Factories for the manufacture of
the necessary chemical and the
storage of fruit are to be built in
Durham, Cape Town and Johannes
burg. A number of South African
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1938-10-27
How Women
i'm Their 4O'S
Can Attract Men

Here's good advice for woman during her
change usually from SO to 52), who fears
she'll lose her appeal to men, who worries
about hot flashes, loss of pep, dizzy spells,
upset nerves and moody spells.
Get more fresh air, 8 hrs. sleep and If you
need good general system tonic take Lydia
E. Pinkham's Vegetable Compound, made
especially for iDonen. 1t helps Nature build
up physical resistance, thus helps give more
vivacity to enjoy life and assist calming
jittery nerves and disturbing symptoms that
often accompany change of life. WELL
WORTH TRYING!
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1938-10-27
eQuOteS'

MAHATMA GANDHI, Indian
home rule leader, on Czech0-
slOvakia: ''It is clear that
small nations must come, or
be ready to come, under the
protection of dictators or be a
constant menace to European
peace"
DIR. STANLEY HIGH, publicist,
on a Roosevelt third term:
Nobody ever in the White
House, with the exception per-
haps OF Theodore Roosevelt,
enjoyed it so much"
MARY PICKFORD, onetime ac-
tress, on new upswept hair
dress: Zone must marry a
hairdresser to keep the new
high couture in perfect order"
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1938-10-27

Inescapably connected with the
governments new emphasis on mil
itary defense against Nazi-Fascist
world powers is President Roose-
velt's interest in espionage. For 20
years the U. S. has disregarded
spies, though the increasing fire.
quency of arrests has made Amer
leans fearful of Germany, Italy, ia
pan and Russia. Heightening the
tension have been: ID the Munich
agreement which placed democra-
cies on the defensive; E2) arrest in
mid-October of four Germans TAX
ing photographs in the Canal Zone,
(3) trial in New York of four al
legged Nazi agents, with coincident
efforts to prove indictments against
"A others who escaped the spy net
and fed to Germany.
Greatest interest in the espionage
trial lies in red-haired, 26-year-old
Johanna Hoffman, who repeatedly
transported spy messages from New
York to Germany while serving as
hairdresser on the liner Europa.
Second interest lies in Guenther
Gustav Rumrich, former U. S. army
sergeant who deserted and made a
laundering attempt to secure So
passport blanks last June. Legiti-
macy of U. S. fears was verified
when Rumrich pleaded guilty and
turned states witness.
Though New York's spy trial ap-
pears commonplace, its significance
is tremendous. Not only does ii
mark an emboldened U. S. defense
attitude, but legal experts also ex-
plain it is the first time America
has named a supposedly friendly
power Germany in direct charges.
Since indictments are filed against
heads of the German secret service
and naval intelligence, the trial is q
potential international dynamite
key.
1t may be predicted that next win
ter's congress will coordinate and
tighten the government outmodeo
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1938-10-27
Weekly News Review
Huge U. S. armament Program
Offered as Peace Safeguard
by Joseph w. La Bine-

ton at Munich, Japan marches for
ward to what she hopes will be DOM
ination of the Pacific.
Q Two fighting tigers will join forces
to kill a common enemy. In much
the same fashion, Loyalist and In
surgent Spain have protested the
whispered proposal that Great Brit
ain, France, Italy and Germany join
in stopping her civil war. To 10y
alist Premier Juan Negrin this is a
particularly righteous attitude, for
settlement of the war would almost
certainly give his government the
beggar's lot. Friendly with domi-
nant Italy and Germany, Rebel Cen
eralissimo Francisco Franco would
get the lions share of Spain. Never
theless, despite their belligerent at
titudes, both sides have co-operated
in Kidding the war of foreign ma
tionals. Ever since the Munich
agreement, Italian troops have been
slowly withdrawn, while all Loyalist
foreigners are already gone. Thus
isolated and warning without the ac-
tive blessing of any outside power,
Spain's civil war will probably blow
up in a few months, ended by sud-
den decision that the long struggle
has been quite futile after all.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1938-10-27
High Points in the q. s.

The highest point in northeastern
United States is Mount Washington,
Coos county, New Hampshire, 6,288
feet. The highest elevation in Maine
is Mount Katahdin, Piscataquis
county, 5,268 feet, and in Vermont
it is Mount Mansfield, Lamoille
county, 1888 feet.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1938-10-27

anti-spy regulations, including the
espionage act of 1917 which applies
only to individuals and carries no
teeth against spy-inspiring organiza-
tons. Although the U. S. has never
INDUCED in peacetime spy activities,
there is speculation whether con-
gress may adopt this activity which
has been an important European
governmental function for 300 years.