davidaulloa/AmericanStories huggingface dataset:
Evening star., 1938-05-02
TIN PRICES SLUMP
TO 5-YEAR LOWS
London Drop Is Laid Mainly to
Uncertainty Over Status Of
Buffer Pool Plan.

BY the Associated Press.
NEW YORK, May "A sagging
price tendency in non-ferrous metals
last week was highlighted by a drop
in the London tin market to the low
est level in five years Spot tin in
New York broke 165 points to 1855
cents a pound. Londons slump was
laid chiefly to uncertainty concerning
the status of the buffer pool scheme
Zinc declined 10 points to Ais cents
pound, East st. Louis, without STIR
ring up consumer interest.
Copper was probably the steadiest
Of the group. the domestic base hold
ing at 10 cents a pound, valley, while
the export market showed only a
minor downward revision. Prospects
for renewal of the foreign cartel
and belief domestic consumption Is
exceeding bookings were helpful. Do
mestic consumption in March was
placed in excess of 41.300 tons, or
nearly 5000 tons over shipments, in
dicating consumers are drawing
steadily on supplies.
Lead was unchanged at 4.50-55
cents a pound, New York. Consum-
ers continued hesitant, despite the
fact stocks are relatively low and a
substantial portion Of May require
ments remain uncovered.
Evening star., 1938-05-02
NEW YORK BANK STOCKS

NEW YORK. May :. dP,.--Inyestmeni
Bankers Conference, Inc:
(Ouotations as of = o'clock
Evening star., 1938-05-02
C0TT0NREG|STERS.
FURTHER DECLINE
Echoes Of Recent Imitation
Talk Arouse Little Market
Interest,
Ey .!ae Associated Press.

~ ,lE Associated Press.
NEW YORK, May 2-Echoes of the
recent inflationary chant in commod-
ity circles had little interest for the
cotton market last week. Prices were
In slow decline most of the time
and finished with futures on the New
York Cotton Exchange IS cents to
$1.10 d bale lower.
Controversy over the advisability of
another broad program OF pump prim-
ing, as outlined by President Roose-
velt in mid-April, left the trade un-
certain as to its influence as an eco
nomic stimulator.
Somewhat less confident regarding
the volume of prospective public
spending for recovery and also as to
the Federal administration program
for attaining better balance in the
commodity price structure, cotton
traders shifted their attention to the
position of the cotton industry, but
found little urge for new speculative
commitments.
Reports of mill operating conditions
conveyed the impression consumers of
goods still were inclined to make for
ward purchases. Since late 1887 pro-
duction has been low, but in some
quarters it was said the manufacturers
were having difficulty in moving the
small quantity of coarse and semi
finished goods being turned out.
Textile experts generally seem
agreed the cotton industry's inven-
tory problem is less troublesome than
few months ago. Nevertheless, 1t
was indicated most leading mills still
have rather heavy supplies of goods.
Reports from the South on crop de-
Evening star., 1938-05-02
MEMS WEAR SALES OFF.

Average daily sales Of mems wear
chain stores in March were 33.5 per
cent lower than March. 1887, prelimi-
nary estimates Of the Commerce De-,
Laytment showed.
Evening star., 1938-05-02
CHICAGO PRODUCE.

CHICAGO. May . CP,.-Poultry.. live,
easy; hens over pounds, 1si7; pounds
. broilers, colored 81; Plymouth Rock. p:
White Rock, %; Leghorn. 19l2; fryers.
oolored % Plymouth Rock. %; White
Rock. "a; springs colored: "A; Plymouth
Rock, 25 White Rock %; bareback chick
ems 1871; roosters, 14i2; Leghorn. l3,2
turkeys. hens. 80; young toms, 20; OLD
Il: No turkeys Is; ducks 4i2 pounds
up. white and Colored IA small ~;
oapons. less than : pounds. 26; pounds
up Butter seess ss6 IA; steady. Creamery.
26; extra. frsts loo-9lp, "a a-25i.; frsts
(ss-saD o27. .-"3i2; seconds ,s4-s1i2).
21-21i2 standards 90. centralized car
LOTS. %. Eggs. 3133: firm: fresh
: graded extra 1rs;s. local. 1912; cars. 1881:
frsts local, 1884: cars. 1917; current re-
ceipts ls'a; storase-packed extras @0'4;
frstS o0i2.
Potatoes, c34; on track, 800: total total
United States shipments Saturday 94o'
Sunday 1886: old stock dull; supplies lb-
eral demand slow; sacked. per hundred-
weight, Idaho Russet Burbanks, Y. S.
No. l. 13O-40: Michigan Green Noun
tains u S. No. !. 1.20-25: new stock.
weak supplies rather heavy; demand falr'
sacked per hundredweight. Bliss Tri-
umphs. U. S. No. !. Louisiana. 6O-I3'
Texas s5-2 90: less than carlots. 80
pound sacks. California White Rose. U. 5.
M /. 90
Evening star., 1938-05-02
MARKET LETTERS
ARE CUT DOWN
Some Houses Discontinue
Comments Altogether
to Reduce Costs.
By the Associated Press.


NEW YORK, May 2-Another
symptom OF change in Wall Street Is
the decline in importance of the daily
market letter Some brokerage houses
have discontinued altogether or cut
down to meager proportions running
comment on market and business con-
ditions which once made a voluminous
and interesting literature of the mar
ket place.
One of the latest to abandon the
daily letter. shifting instead to peri
odical comment explained:
I'VE have discontinued our daily
market letter in the belief that in the
present type of market 1t Is no longer
feasible to offer sound prediction as
to minor fluctuations. We are, there
fore, instituting the policy Of express
ing a brief market opinion only when
new factors arise"
Expenses Trimmed.
From an immediate practical view
point, the thinning stream Of market
comment from brokerage quarters rep
resents an effort to slice expenses.
Dealings on the stock exchange last
Saturday were the smallest for COM
parable session in 20 years.
But from longer outlook, the trend
toward a new style of market litera-
ture has been apparent since Uncle
Sam took control of Wall Street regu-
lation and the S. E. c. set out to tame
the market to an Investment" pace.
Day-to-day swings have become
smaller, brokers note, since the public.
pools and old-style pl,lngers curtailed
operations or stepped out Of the mar
ket completely.
Basic Factors Studied
A few old-timers mostly connected
with the big commission houses, con-
tinue to dope" the market on a day.
to-day basis, combining the art Of
reading charts with Interpretation Of
political and business news.
But observers have noticed the pass
ing of the "old Wall Street" and adj
vent of the new. under the eye Of
Washington, brought a tendency to
avoid forecasts Of immediate swings
and to concentrate on analysis Of
underlying business and political fac
tors and longer trends. Traders, in
other words. now get larger doses Of
Economics" and political analysis
from Wall Street market literature
and less opinion on what the mar
ket's going to do tomorrow or the next
day.
Tips Disappear.
Tips as market-letter readers used
to find them in the years of unbridled
speculation, particularly when the
public was gambling all over the Wall
Street lot in the postwar decade, have
virtually disappeared from the daily
literary fare.
Letters writer's mostly now steer q
safe course through the generalities
of comment on trends and events.
Occasionally an analyst essays to pic
ture the investment background Of
stock-the company's earnings, past
and prospective. and conditions of the
industry-and venture an opinion on
purchase and sale Of particular groups
of stocks
But the tipster seems to have been
relegated to the underground liter
ature of the financial district, un-
recorded telephone conversation and
the gossip Of the boardrooms.
Evening star., 1938-05-02
STEEL QUOTATIONS.

NEW YORK. May lP.-steel prices
per 100 lbs. fob. Pittsburgh. Blue am
nealed sheets. hot rolled. $40; galvanized
sheets, $50: black sheets. hot rolled, IS:
steel bars, 245.
Evening star., 1938-05-02
NEW YORK PRODUCE.

NEW YORK: May 2 IT,, a1;IEggS; nsuss 1884,: ssS
s3ia: standards. 21i2-22; frsts.. 20A-i7;
seconds. .lei4cO; mediums and dirties.
No. l, 10; average checks. is; storage
Butter. ,a3s.3 $40: about steady Cream, sIn:
1a2 scorel. o674; firsts tss-9D. 23ha-
,26la; seconds 6st-s7t. 301a-ss2: who'll.
milk fats held fancy. 1895. 22-24: held
1897. 1a,a.e1i2: fresh fancy .,d; d5-lonrt Raves
fresh. fowl. -36-42 lbs, 15ia-22,2: 4s-54
lbs. 2o-25; 5000 lbs, 21;26; old roosteas' =
frozen, chickens. broilers.. "l-2a; fryers'
2o,27 roasters. .20;32i2; fowl 80 35-42 lps"
11ia-22la: 4s-54 lbs, 2o-25; 60-65 lbs.
2l-@s old roosters, l5-l7i2; turkeys,
Northwestern and Southwestern 2"-3o:
ducks, barrels. II
Live poultry, by freight, weak Fowl,
colored, 2l-22. mostly %: Leghorns. 1s-
BY express. weak, Broilers. Rocks; %;
crosses la:-s2. mostly 20-2l Reds l7E:
ieshorns. 1s: fowl colored. 81 20. mostly
90: Leehorns, 1920: old roosters, IA.
Evening star., 1938-05-02
BY the Associated Press.

NEW YORK, May 2.-Corporate
bonds were backward today in face Of
a fresh advance in United States
Governments. which averaged about
Lie of point.
Renewed strength in the Federals
following mild reaction last week
was attributed by dealer circles to a
further increase of excess reserves
under the Governments credit expan-
sion program.
A heavy stock market was an in
fluence in the downward drift of cor
porates. In late trading losses
ranged from fractions to a point or
more in Studebaker IS, Republic Steel
412s, Southern Pacific 4l2s. 1868;
Southern Railway As, Remington
Rand 41.s, Nickel Plate 4l2s. Great
Northern 4i2s, 1877 "E," and Ana
conda Copper 412s.
Brooklyn Union Gas SIS were a weak
spot in utilities with a drop of more
than 3. Louisville & Nashville first
Is moved up about Il on small trans
fers.
The major trend in the foreign
sector was down. with heaviest losses
in loans of France, Uruguay. Poland.
Cuba and Brazil. Belgium IS i'm
proved about a point.
Evening star., 1938-05-02
FOREIGN EXCHANGES.

NEW YORK. May 2 lPl.--Major Euro
pean currencies held fairly steady. today
change DEALINGS.
Sterling lost IA of a cent and the French
franc O0i. of a cent. while the belea ad-
vanced .0Oiz of a cent. Unchanged were
the Fuilders and Swiss franc.
Noon rates follow:
Great Britain in dollars others in cents.
Great Britain demand. 4.9Sss: cables,
1855: s0,day bills. 4.97Ms; France. de-
mand' 3:a6i.: sII cables $685.; 1885,; Italy. de-
Demands-Beleium..1 1854 Va Germany,
H40.22: benevolent. 21,70: travel, 24:2O:
Holland 1856; Norway s5.06: Sweden,
$50: Denmark 22.27: Finland, 2.22;
switzerland, 23;oI: Spain Tnguoted; PoG. or.
Czechoslovakia. 3.4S1a; Yugoslavia. 2:35;
Austria. unquoted: Hungary, 1890; Ru,
mania rs; Argentina 80: 23n; Brazil
1918: Montreal in New York. 90. .467s
New York in Montreal. 100531s. Nom
inal.
Evening star., 1938-05-02
UNION BANK ELECTS
BOARD AT WINCHESTER
Special Dispatc to The Star.

Special Dispatch to The Star.
WINCHESTER, Va, May 2.-Stock-
holders of the Union Bank elected
as directors for the coming fiscal year
j. Fred Thwaite, Charles P. McVicar,
John H. Rosenberger, Coleman Dunn,
William A. Bailey, Julius w. Richard,
Llewellyn jackson, H. B. McCormac,
jr.; Harry K. Benham and Wendell
B. Goode.
J. Fred Thwaite, president. reported
that money borrowed from other banks
in 1881, amounting to $4,000, had
been repaid from an increase In busi-
ness. y
Evening star., 1938-05-02
DOLLAR GOES DOWN
IN LONDON DEALINGS
BY the Associated Press.

By the Associated Press.
LONDON. May 2.-The United
States dollar eased Lis of a cent in
foreign exchange trading today to
close 4.98 11-16 to the pound, against
$4.9834 for sterling in New York over
the week end.
French francs were 163.O0 to the
pound in final dealings, against 1921
Saturday.
PARIS, May 2 fR).-1n final foreign
exchange trading today the United
States dollar was quoted at 32.67
francs (3.061 cents to the france. This
compares with 3065 cents to the
franc in New York over the week
end. Exchange on London, 1926.
Three per cent rentes in the Bourse
were 72.40; 412s a." 1880; AVS
1887, 1850.
Evening star., 1938-05-02

velopments indicated normal prog
ress. The crop is late, but experts
think 1t has plenty of time to recover
the losses suffered early in April as
a result Of cold weather and heavy
rains.
The New York Cotton Exchange
service reported the last four weeks
forwardings to domestic mills totaled
$4,000 bales compared with 100000
for the corresponding period last year.
To foreign mills the movement was
$4,000 bales against 455.0o0.
Evening star., 1938-05-02
NEW YORK LIVESTOCK.

ment of Aericulture) Cattle, 1000. in
> Guiding 1850 direct. Little change in
steers from Friday; two loads good to
to 25 hisher; cutter to medium. 500
6.75: best SAUSAGE kind, 7.0o.7;25. Cows.
steady to 25 higher than Friday; COM
some up to 675 and higher; low cutter.
400-5.75.
446O direct Vealer demand slow. but
prices steady to SO higher on light sup
ply; good and choice 130-110 pounds,
medium grades. S.O0-9.25: Gull and COM
mon 60-100 pounds. 4.00-7.50. Calves
nominal.
Sheep and lambs. 1870. all direct
Market nominal
Hogs, $3.50. including 5000 direct.
Market steady; 1856 pounds. $50.
Evening star., 1938-05-02
FEDERAL LAND BANKS

NEW YORK, May . 1P.-Federal Land
Evening star., 1938-05-02
MONEY MARKET.

steady. l per cent all day Prime COM
mercial paper, / per cent Time loans
steady; 60-90 days. / " As months ia
per cent. Bankers acceptances unchanged
5000 days la-1. per cent. 4 months, =
"a per cent. 5-6 months. ss-i. per cent
Rediscount rate. New York Reserve Bank
l per cent.
The Daily Alaska empire., 1938-04-28
Minerals Behind HitIer's Desire
 To Swell Germany
Minin g M a n $ Magazine Lists Earth Wealth Der
 Fuehrer Seeks

The Engineering and Mining Journal makes interesting comment about Hitler's reasons for expan- sion over the Versailles-set bound aries of Nazidom
 Austria has been absorbed into the Reich, and Czechoslovakia has begun to feel the political pressure of Hitler's power. The logic of the lat ter drive, from Germany's point of view, becomes apparent when one recalls that some of the mining dis tricts of pre-War Austria and Hun gary are now in Czechoslovakia and are consequently viewed by Ger many with paternal eyes. The min eral resources of Hungary, Rumania, Yugoslavia, and Bulgaria are also supposed to be attractive and inn portant factors in Hitler's plans for industrial expansion. A large part of their mineral trade is already transacted with Germany. Neverthe- less, it is inferred by informed ob- servers that Hitler is likely to pre- fer domination and control to the ordinary import-export relations be- tween his country and the Balkan States.
 "Austria's magnesite, graphite, tale, and lead are now within Ger many's domain and add SubStant- ially to her national wealth. Little except bauxite is to be gained from Hungary, because her territorial losses after the World War deprived her of most of her developed min eral deposits and left principally some low-grade coal and iron mines. Since 1882, however, bauxite has become of real importance, and Hungary now possesses one of the
The Daily Alaska empire., 1938-04-28

largest reserves of that mineral in Europe. Czechoslovakia' post-War inheritance makes her an import ant producer of lead-zinc-silver ores, ul'eo.iiis:.;usr., ii:;usr., and radium, feldspar and magnetic, wiLsi Germany as her principal export customer. Rumanla has large reserves of petroleum and gold, for which France, Germany, and Czechoslovakia are in com petition. Yugoslavia also ranks high as mineral producer in Europe, having substantial deposits of lead copper, bauxite, chromite, and man. ganese. Bulgaria, on the other hand is relatively unimorpant as pro- ducer of ferrous metals or non- metallic minerals"
The Daily Alaska empire., 1938-04-28
MRS. JARMAN TO MOVE TO HOUSED
 HOME SATURDAY

Mrs. Kate Jarman and son Llyod, arc to move Saturday to the home of Mrs. Florine Houscl at 326 Fourth Street, leaving the home on West First Street which was dam aged in the fire last Saturday
 Mrs. Housel, Elaine, and Bud Brown, will move to their summer home near the PAA Airport to re- main until August when they will leave for the south. Elaine and Bud plan to enter the University of AL abama and will motor through the states with Mrs. Housel before col iege commences next Fall.
The Daily Alaska empire., 1938-04-28
Marine News
Steamer Movements
NORTHBOUNI

NOh hDOOND . Denali due Saturday. Mt. Mckinley scheduled to ar rive Saturday. . SCHEDULED SAILINGS North Sea scheduled to sail from Seattle tomorrow at 10 . am.
 Chatham scheduled to sail from Seattle tomorrow at 9 pm, freight only. . Alaska scheduled to sail from Seattle April 30 at 9 am. . Princess Louise schedulel to sail from Vancouver May ? at g pm. tt8N5 . Tongass scheduled to sail from Seattle May at pm. . SOUTHBOUND SAILINGS . Northland scheduled south bound sometime tomorrow, possibly during forenoon.
 Yukon scheduled southbound next Monday. . LOCAL SAIlINOS
 . Estebeth scheduled to sail every Wednesday at pm. for Sit- . ka and wayports. ait leaves every Wednesday at 2 am. for Petersburg, Pcrt Alexander. Rake and way ports
The Daily Alaska empire., 1938-04-28
TONCASS DOCKS
 WITH F ABOARD

The steamer Tongass. Capt. El- dred Hansen and Purser Eric Sword- maker. docked in Juneau at o. clock last night from the south, with c5o tons of cargo aboard and l2 pas sengers for Juneau.
 From Seattle pa 7sengers were Lee Lund, E. H. Ford, Mrs. Glenn Joflil- ston. Mrs. Henry Roden.
 From Ketchikan-Mr. and Mrs. John Newman. MT. and Mrs. A. E. Johnston, Ester Johnston, Michael Johnston, and J. E. Berg,
The Daily Alaska empire., 1938-04-28
EMARD CANNERY MIGHT NOT RUN

MT, and Mrs. H. J. Emard are passengers for Seward, en route to Anchorage. aboard the Yukon.
 Emard is owner and president oi the Efnard Packing Co.,, at Anchor ace. Like most canncrs, he is not op- timistic about the canning strike situation.
 Its gotten to be quite a mess, Emard said. We may run and we may not. It's pretty late to get started properly, but if the strike is settled within a few days, It may turn out all right"
The Daily Alaska empire., 1938-04-28
D Q U { | A s N E W s
ODD FELLOWS CELEBRATE
 ANNIVERSARY THIS EVENING

Tonight is the big night of the year among Odd Fellows all over the world, and particularly on Gas tineau Channel, It is the l19th anniversay of the founding of Odd Fellowship which Douglas, with Ju- neau members of the order and Rebekahs, also will join in cele- brating at the I. O. O. F. Hall in Juneau.
 Ample bus service has been ar ranged for on the TAO trip to Juneau this evening to transport the Douglas delegation over in time for the starting of the affair at 8 o'clock.
The Daily Alaska empire., 1938-04-28

which is being vacated by the H. G. Wilcox family, who are moving to the Norman Cook place at Point Louisa for the summer.
 The Johnstones went south to take care of some property they had there, but the lure of the north was too strong, Johnstone said today "The best thing about South Carolina is the road away from there," he added.
The Daily Alaska empire., 1938-04-28
MISS COUNCIL TO
 FLY TO MEXICO

Miss Mary Lee Council, daughter of Dr. w. w. Council, whom Dr Council visited while south this spring, is to fly to Mexico City on a vacation trip this summer.
 Miss Council is employed by the n-American Airways in San Francisco and will make the trip on a Pan- American Airways plane She is well known in Juneau where she has often visited. ,s
The Daily Alaska empire., 1938-04-28
IS MEN FLY TO
 MINING REGION

Fifteen men left Fairbanks for Coal Creek recently by plane to start the 1888 season for the Gold Placers, Inc, dredge outfit managed by Err nest N. Patty The crew flying is listed as follows: Gilbert Oberg, Jim Mcdonald, Sig Svendsen, Ray Driscoll, Harry Ginrich Fred Ober- miller, Al Hendricks, Bert Kellogg, Leo Ilg, Harry Ray, O. M. Floe, w. E. Snider, Frank Estrada, Ivar Ol- son, and Bob Bowman.
The Daily Alaska empire., 1938-04-28
STUDENTS TO RETURN

Miss Jennie Johnson is expected home on the Aleutian leaving Seat tie on May T after term in a business college Miss Vera Kirk ham, who accompanied Miss John son to the same school last fall. will not leave Seattle until a month later as sickness interferred for a time with her course of study
The Daily Alaska empire., 1938-04-28
MRS. RICHARDSON IS
 NAMED CHAIRMAN OF
 NIMBLE THIMBLE CLUB

The Nimble Thimble Club met for it's final gathering of the season yesterday afternoon at the home of Mrs. Glen Abraham where a dozen members assembled.
 Mrs. Elmer Richardson was elect ed chairman of the club for the fall season.
The Daily Alaska empire., 1938-04-28
STOCK QUOTATIONS

NEW YORK, April 28. - Closing quotation of Alaska Juneau mine stock today is 9A, American Can 84A, American Light and Power Az, Anaconda 27H, Bethlehem Steel 46B, Commonwealth and Southern 1A, Curtiss Wright 49s, General Mo- tors 30, International Harvester 56A, Kennecott 32, New York Gen. tral IFS, Southern Pacific 11aS United States Steel 439s. Bremncr no bids asked 3, Pennsylvania Rail- road 15A, Pound $498A.
The Daily Alaska empire., 1938-04-28
PREPARATIONS FOR PROM

Douglas High s h ool students have started work on the decora- tions for the annual Junior Prom to be held at the Nat on May IA. Grade pupils are already selling Prom tickets and from now on for the next two weeks interest in the coming event will doubtless grow |apace.
The Daily Alaska empire., 1938-04-28
JOHNSTONES RETURN HERE AFTER 2 YEARS
 IN SOUTH CAROLINA

After two years residence in South Carolina, MT. and Mrs. A. E
 Johnstone and family, former Ju- neau residents, returned on the Tongass last night to make their home here. They will reside in the WickerSham house, to rear of the Northern Light Presbyterian Church
The Daily Alaska empire., 1938-04-28
MEETINGS TONIGHT

There will be meeting of the Douglas School Board at o'clock this evening in the City Hall and following that, the Chamber of Commerce will hold it's monthly session about 8 o'clock.
The Daily Alaska empire., 1938-04-28
RICE SWORN IN AS COUNCILMAN

Glen B. Rice this morning took his oath of office as a member of the Douglas City Council, filling the vacancy created by the resigna- ton of Joe Riedi and is now quali- fled to sit at the next meetings of the Council.
The Daily Alaska empire., 1938-04-28
ATTENTION I. O. O. F.

Douglas members of the order and local Rebekahs are requested to be at the A. L. U. Hall at 8 pm. to attend 18th anniversary cele- bration in Juneau tonight. -adv.
The Daily Alaska empire., 1938-04-28
TIDES TOMORROW

Low tidc-6:15 am. -2.7 feet. High tide-12:30 pm, 16.3 feet. Low Udc-6:22 pn., 03 feet.
The Daily Alaska empire., 1938-04-28
C.D.A. CARD PARTY

Friday evening, April 29, Parish
 Hall at 8 o'clock Contract, pinochle and whist. Admission 50 cents. Refreshments. adv.
The Daily Alaska empire., 1938-04-28
DOW, JONES AVERAGES

The following are today's DoT Jones averages; industrials 111.98 down 3.27; rails 2121, down .52; utili- ties 1788, down .57.
The Daily Alaska empire., 1938-04-28

for sale at The Empire Office. Try an Empire ad.
The Washington times., 1938-12-27

the Secretary Of Agriculture man.
agement Of small tracts on farms
throughout the country, on
which forests and wood lots will
be developed.
Unoer the proposal, relief
funds would be used to provide
the necessary labor in planting
The Washington times., 1938-12-27
Tracts Urged by Rep Fulmer Aid Forestry Program

publicly AMI with our eyes open,
it amounts to q gift Of Govern.
ment money in the form Of
labor, trees and supervision.
ION such a basis, If the Gov.
ernment only gets back $3.50
over a long period Of years out
of the $500 it expends in be-
The Washington times., 1938-12-27

G.NS0 A new plan for re,
forestation of small tracts of
land, approved by President
Roosevelt, was thrust forward to.
day by Representative H. P. Full.
mer Cd D! South Carolina, vice
chairman Of the special congress
SionaI forestry committee.
The plan is designed to give
The Washington times., 1938-12-27

"It seems to me that the
treatment of the wood.lot
problem should be looked at a
good deal in the way we look at
the problem Of farm tenancy
spending a good deal more Of
Government funds than we ex-
pect to get back.
"If this distinction Is made
The Washington times., 1938-12-27

trees and caring for their develop
ment.
Mr.. Roosevelt personally inter.
ested himself in the plan. He
vetoed a proposal by the Forestry
Service because, he said, it mixed
up commercial forestry with the
wood-lot forestry plan. Express
ing views in a letter, he said: