davidaulloa/AmericanStories huggingface dataset:
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1938-11-03

Golfing is getting difficult on
the links at Hardin, Manchuria,
since anti-aircraft guns were
mounted on the course and sew
eral greens declared "out of
hounds" ....
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1938-11-03
Etowah school Monday evening.

Etowah school Monday evening,
Mrs. A. F. Cash had as a visi-
tor last week her nephew, Walter
McKelvey, Of Virginia.
Walter Smith Of Hendersonvllle
was a visitor in this community
Monday.
Mrs. Archibald Nichols, who in
jured her leg sometime. ago, is
somewhat improved.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1938-11-03
FROST WARNINGS

LAKELAND, Fla, Nov. 3
(UP)-The State-Federal Frost
Warming Service yesterday began
its fourth season of distributing
weather data and forecasts to
growers of Florida's nfulti-lnillion
dollar fruit and truck crops: It.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1938-11-03
LAYS THRICE IN DAY

fredericksburg, Md. (UP)
Mrs. Bruce Hartzell believes her
pet Plymouth Rock hen set rec
ord when it laid three eggs in one
day.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1938-11-03
WISCONSIN BOASTS
RECORD ENR0LLMEy

MADISON, Wis, Nov. 3. II;
The University Of Wigns
boasts the largest enrolment
it's 90-year history.
Final figures compiled t7 Z;
istrar Curtis Merriman Sion
that II, 438 students, an inc:a'
of 5.3 per cent over 1881, d
enrolled the first semester -,
Men outnumbcr women S,g;a
1917 to 1921.
The Washington times., 1938-09-24
HILL TO WIDEN.
FARM CREDIT
|COOPERATIVES.
New Governor to Build
Permanent Institution

F. F. Hill. deputy governor of
the Farm Credit Administration
since 1884, who has been named
governor Of the administration to
succeed w. I. Myers, Is expected
to extend the present system Of
cooperative credit for farmers.
Mr.. Hill is largely responsible
for building up the coopera-
tive systems 635 production credit
associations and 1S banks for Co
operatives. Under his leadership
Of the Farm Credit Administration
it is believed that he will take
active steps to make this q per-
manent institution.
The 37.yearold agricultural
economist is also expected to fur
ther develop the "normal-value"
appraisal policy which has already
enabled the Federal Land banks
and commissioners to refinance
over $4,000, ,000, 900 Of farm mort
gage debts, following the break
down Of agricultural credit in
1932-1933.
The Washington times., 1938-09-24

-Four broken and unbroken on track.
Eastern; supplies insutfieisnt TO meet os-
less Tokays, $1.S6 01.60.
broken and I unbroken cars on track.
California, standard boxss, sS.S@S.SO'
Lemons-California, standard boxes
Fresh Prunes-New York. y bushel
crabapPles-New Jersey, sds y bu'hel
baskets, fair condition, 500 SOC, :,
buhcSeS, sPSsSoi s1.sdSioTS. NddnTS'"n'
okraSNorth Carolina. y bushel hamp-
ers, 5O@75c ,
snap Beans-Maryland. bushel hGmp-
ers, fair condition, '75c. m.
Garlic-Caltfornia' lO-Lo' Sacks 'O'
VTimes-Florida. Y boxes, $19l2S.
| Avocados-FloridR, flat crates, tocW
81; mostly 75@S5c; ventilated crates
Pineapples-cuba. crates, $S@A
| OBSERVATION-DISCLOSURES. standard crates
S2@3, as to grade and size.
Mushrooms - ThreSpound baskets. 10
@85c. $1,000
Tomatoes-California. lug boxes. ripes
and turning wrapped, 6x6 and larger
$500.
Parsley~Pennsylvania. N-bushel bas-
kets, 65076c.
Turnips - Pennsylvania, 4O@5Oc pei
dozen punches.
Bananas-one car arrived. unbro-
ken car on track
The Washington times., 1938-09-24

cars on track. California, mostly fair
condition, Western crates. Iceberg type,
S doEsn, &2.6o@3: poorer, 3l.So@2. Nav
York, Eastern crates. Big Boston type,
onions-MGrkst steady. One New
York, Michigan arrived; broken and
unbrokOn cars on track. 50-lb. sacks
yeliows: New York. sO9soc; Indiana;
inches and larger, Utah, S1.25; Idaho
$l.35@1.40.
Peaches-No carlot arrivals; / broken
car on track. Supplies insufficient to
meet demand.
Pears-Market steady. No carlot ar
rivals; / broken and l unbroken cars on
track. New York, bushel baskets.
SeckelA IN to IN inch minimum, $1.25
@1.6O; 1A-inch minimum, 81; bushel
baskets, Bartletts. Pinch minimum, $1.26
Potatoes-Marfket steady. No carlot
arrivals. broken car on track. 1OO-lb.
sacks Cobblers, U. S. No. l, Pennsyl-
vaniA Sl.2O0l.25; fair condition. $l.iO.
New Jersey; Il i'lSSl;2'; S 1dsao' Ru'Ss'
PeAs-Market steady. No carlot ar.
rivals Two broken cars on track. Bushel
hampers Telephones. Colorado, 81; Cali
fornia, $2.s6.
receipts light. North Carolina and
Maryland. bushel baskets, Porto Ricans,
75c. Louisiana, bushsl crates. Porto Ri
cans U. 8. No. 1, $40.
Mixed Vegetables-No carlot arrivals.
One broken car on track.
Lima Beans-Supplies insufficient to
meet demand.
Cauliflower-Marksts steady. No carlot
arrivals. One broken car on track. Color
ado. crates $1.S0@1.60.
Spinach-Market steady. No cArlot ar
rivals. One broken car on track. Penn
syIvania, bushel baskets. Savoy type
rs q $50 few 81.
GRAPES-Three California arrived
The Washington times., 1938-09-24
MISSOURI LOAN
GROUPS ACTIVE

QN.S) A total Of 618 nome
construction and home purchase
loans was made by the 81 Federal
savings and loan associations in
Missouri in the first eight months
Of 1898, it was reported today by
the Federal Home Loan Bank
System.
These institutions had assets of
$S3,957, 900. as of September /, an
increase Of $1,o97. 900 in the first
eight months, the report said.
Home mortgage loans amounted
to $24,682. 900 on the same date,
the increase In the first eight
months being $1,298,000.
Savings invested in these thrift
and home-financing institutions
aggregate 1875, 900, the increase
since January l being about
$1,242,000. Such savings are pro
tected up to $4,000 for each in
vestor by the Federal Savings and
Loan Insurance Corporation, q
100000 Federal Government
inStrumentality,
The Washington times., 1938-09-24

I, for one, am inclined to SYM
pathize with these people. In some
ways, the situation is really not
very puzzling, but in others it is
hard to understand.
OF course, they are not only en-.
terpriSerS running q business ven.
ture, but also laborers. They work
for themselves. To this extent,
they may be thought Of as being
nonunion workers.
HYPOTHETICAL QUESTION
If one were to look only at one
side Of the thing, one might go
on and argue that If they cut
prices, they are tending to reduce
wages in their business in the
given locality. In this unreal and
hypothetical way, it may be argued
that If they do not earn fair wages
themselves, and If they get a large
part of the business, they are hurt
ing other workers.
But a little further thought
shows that there are too many
"ifs" in this argument. It does
not deal with the realities.
In the first place, this couple
are more than laborers. They are
business enterprisers, and they
have rights as such. What they
earn is partly interest on their
small capital, partly profits on
their business skill, and partly
wages. ..}. ... ..
In the second place, they are
The Washington times., 1938-09-24
STOCKHOLDERS
URGED TO unite

Urging railroad stockholders
to unite for the purpose of outvot-
ing railroad labor on problems af-
fecting transportation, Represent.
ative Samuel B. Pettengill, Of In.
diana, yesterday told the New
York State unit Of the National
Conference Of Investors that
shareholders outnumbered work.
ers about 169 to 100, and easily
could control such matters If or.
ganized.
Speaking in New York. Petten-
gill emphasized that, as a political
pressure group, railroad investors
were "disorganized. inarticulate
and futile, particularly In con.
trast to labor organizations"
Government ownership, Petten-
gill said, would cost the nation
about 20 billions and, If attempted.
would threaten the security Of
banks and insurance organiza-
tionS.
Pettengill cited q friend who.
he said, would rather have the
BARRIERS with him than the bank.
ers because there were more Of
them, they talked more and they
voted more"
The Washington times., 1938-09-24

not employees. They are not hired
by anyone. They are not paid
wages. They do not work for
wages. Accordingly, they do not
and should not belong to the
union. Un fact, many unions
would not let them in, because
they are business men and po-
tential employers.)
In the third place, they do not
hire anybody and are therefore
not employers They do not pay
any wages Therefore, they do
not affect wage rates or securi-
ties. Even If correct accounting
were to show that they probably
do not earn good wages in their
business, 1t cannot be proved what
their estimated wages" are, or
that these imputed wages affect
any published scales or wage rates
In the trade.
I do not see how the Wagner
Act covering industrial relations
can have any application. Within
the business, their only relations
are with themselves. There is no
question Of collective bargain.
ing" and no labor contract.
UNJUSTIFIED THREATS
But aside from all this, are
there any circumstances which
justify the hoodlum who threw
the rock through this poor couples
window?
Is there any Justification for
threats of violence, or for picket.
ing their shop in a way that in
timidateS customers?
They have received a letter
from the union saying that they
must join, that the union means
business" Isn't this virtual black
mail.
Their letter to me ends as fol-
lows: I'VE cannot afford to join.
we Just manage to support our.
selves from month to month. We
cannot afford legal battle. Cant
this be stopped? Won't you tell us
il pickets are allowed where there
are no employeS?"
My answer is, no. What puzzles
me is the question, why does the
fair city of Milwaukee let such
unfair and illegal practices go on?
The Washington times., 1938-09-24

kets U. S. No. /: Maryland, Pennsylva-
mia. Virginia and West Virginia, Grimes,
y = inch min' SSSSOc; az inch min. IS
thsDs, n tnoS n min. "'i sOSsso; ;Of sm 'Ei inch
min. 1906: AZ inch min, S0e0& 81
spys an inch min. 7Sc: IN inch min,
Soc d 81. Mcintosh, ~ inch min, sS9
nsG @in. = s:l5S1ss. issh %in D.siSu nsS inch
min. 75c; ~ inch min, S1@l.fo; IN
inch min. $1.2501.sS. King DGvids, AZ
inch min, soc, AZ inch min. $50 7sc.
Boxes: virginia, Delicious. combination
l.75; S4s-lOos !17t92.2s. C Grade,
l1$s-1eSs, ,&191.?6. S4s-1oos. $3.50
1855; Jonathans, U. s. No. l, and fancy
all sizes. $1.259L.5O.
Cabbage Market steady: One New
car on track. New York. 6O-lb. sacks.
Danish type. 4OQ5Oc; fair condition,
25c. Pennsylvania. domestic round
CantSioupes-Markst steady, Three
broken and 1 unbroken cars on track
No carlot arrivals. Colorado, showing
mold. jumbo crates, Salmon Meats. SSl
and ASS. H.s0@2; standard flats. Salmon
81 Mes1s snd y, aHS gSa Isl Isl 0ii jumbo flats
Honey Dews-Two Colorado arrived
s broken and unbroken car on track
Toe few sales reported to quote. c.,o
sizes, SlQl25.
Carrots-Market steady No earlot
arrivals; l broken car on track. western
crates, punched: Colorado, 81. rs fpSi
California. 81. Pennsylvania, bushe
baskets. topped washed SSc.
Celery-Market steady. No eHrlot ar
rivals. broken cars on track. New
York. VI crates, individually washed
S-4 dozen. $1.500l.6O; fair condition
S1.26; 2-3 crates. washed, $1.S0Ql LIS.
| Lettuce-Market steady. One Calitor
The Washington times., 1938-09-24
N. Y. and BROOKLYN
Store Sales Decline
10 Per Cent in YeaI

NEW YORK, Sept. "a Q.N.S0.
New York and Brooklyn depart
ment store sales in the week ended
September II suffered a decline of
10 per cent in sales from q year
ago, according to the New York
Federal Reserve Bank report to-
day.
The decline was larger than an
ticipated, and compares with a
drop of OF per cent in the preced.
ing week. For the month ended
September II local store sales were
down 6.5 per cent from last years
levels.
For the nation, the weeks de-
partment store sales were off IL
per cent from last year and for
the month were down by 8 per
cent.
The Washington times., 1938-09-24
BALTIMORE MARKETS

BALTIMORE, Nd. Sept. 24.-Local
produce:
Prices represent sales in large lots
to jobbers and other large buyers of
stock of good merchandise quality and
condition
Fruit-Apples. Maryland. Pennsyl-
vania, virginia and West Virginia.
bushel baskets, U. 8. No. 1, 3hInch
minimum, Jonathans, 90c @&1. few
higher: Delicious. $l2S@1.5O; crimes.
CSC . soc: smOkehouse and Mcintosh Is
d soc; Smokehouse, U. s, No. l, an
inch minimum, mostly 81 Mcintosh,
~ inch minimum,$1, few higher. Vari-
Gus varieties, ungrade d.best. 5O@65c,
few higher; poorer. 2604Oc; Delaware,
bushel baskets, Delicious, U. 8. No. l.
9h-inch minimum, mostly around 81.
neutrality-suspicious. salmon meats,
Jumbo ses and ass, best. $1.7S02.bo;
jumbo sSc, SS.5O02.75; ass, ss.7s; 1unl-
bo flats lis and 12s, Sl@110; Ss, soc;
California, Jumbo Sss and 46s, mostly
$3.50.
blacks, A-barrel boxes. &S.sO0si M-b@r-
rel boxes, $l.45@1.50.
ushroomS-MarylRnd and POnnsyl-
[ania, four-quart baskets, 60@75c.
The Washington times., 1938-09-24
BOSCH TO VOTE
ON new NAME

United American Bosch Corpora
ton has called a special meeting
Of it's stockholders for September
26, to consider changing the name
Of the corporation to American
Bosch Corporation, and to discuss
the registration statement filed
yesterday with the Securities and
Exchange Commission covering
417,59a shares Of capital stock of
81 par value, and warrants TO
cover the stock, which it is pro-
posed to offer to stockholders at
SO each.
Proceeds from the sale Of this
stock, 1t is said, will be used to pay
$1,636,G50 of the company's in.
debtedneSs to MendelsSohn and
Company, of Amsterdam, which
banking firm owns, through sub
SidiartGs> 10 per cent Of the total
Bosch stock.
BY contract made on Septem-
Der 6, Donald P. Hess received an
option to buy $4,000 shares Of
capital stock at $12.50 q share,
exercising the option in whole or
part before March 81, 1943, and
Hess agreed to serve as president
of the company for five years.
Robert Bosch New York, Inc,
was organized to handle the prod
ucts of Robert Bosch, Of Stutt-
gart, Germany, and In 1905 the
Bosch Magnetic Company was or.
ganized to take over the business.
In 1919. United American Bosch
was organized to take over the
business and assets, which had
been seized by the Alien Property
Custodian in 1918.
The Washington times., 1938-09-24
BIDS ON SCHOOL
WILL Be SOUGHT

NDRIA, Va. Sept. "a.
Bids for construction of a new
elementary school in Alexandria
are being advertised for opening
at 2 p. m. Thursday, September
20, City Manager Carl Budwesky
announced today.
A first group was rejected re-
Gently as too high. Plans for the
building were revised to bring the
cost within $l25,O00. The first
bids were in excess Of $4,000.
The school. of Colonial design,
is to be erected on q nine-acre
tract on Cameron Mills Road. 1t
will serve the Beverly Hills, JET.
ferson Park and Braddock sec
tionS.
The Washington times., 1938-09-24
COLD TO PUBLIC

Had genuine business states
manship been more generously
exercised in the past, industry
would not have been subjected to
such harassment as has been in
flicted on it by politicians eager
to please the public.
IndustrialiSts and others, with
few exceptions, took no adequate
pains to let the people become &C
quainted with them, no adequate
pains to enlighten the people con-
cerning the essential part they
we're playing in upbuilding the ma
tion, no adequate pains to prove
that they were functioning hon
estly, honorably, constructively.
CASE OF j. p. MORGAN
I am told that when the present
]. P. Morgan succeeded his father
as head of the worlds most mflu-
ential banking house, he definited
his policy thus: Let us be pune
tiliously careful always to do the
right thing. Then we won't have
to bother about what the public
may think or say"
It took him years to realize the
power of public sentiment and the
necessity of taking it into consid.
eration-as was the case with the
late John D. Rockefeller.
- Il
What America has been witness
ing during the last six years has
been a woefuuy One-Sided contest
between powerful politicians and
The Washington times., 1938-09-24

men Of business to win publ,
esteem public support. The yer
dict has gone tragically againS'
men OF affairs
It could hardly have been other
wise, since large employers, cor
poration executives and others oc
cupying high place in finance
business, industry, had so generally
neglected to interpret themselves
and the worthineSS Of their activi
ties to the American people.
SEEING THE LIGHT
They are now, however, Seeing
the light. The keynote sounded
by the Washington aSSemblage d
home aud foreign business leaders
can be learned from this declara
ton by one of its sponsors, Lewis
H. Brown, president of the Johns
Manvllle Corporation:
In the complex industrial
society under which we now
live, management no longer rep
reSents. as formerly, a single In.
terest; increasingly it functions
on the basis of q truSteeShip,
endeavoring to maintain
proper balance of equity be-
tween four basic interlocking
groups:
81. THE SHAREHOLDERS
The millions of people in all
walks of life who join together
to provide the capital, and thus
the tools indispensable to mod.
ern production.
2. THE JOBHOIDERS -
Those who, by brain or physical
energy, make the tools pro-
ductiVe.
THE ARMY OF BUYERS
SO. THE CUSTOMERS -
Those constituting the great
army Of purchasers who, by COM
pairing one product with an
other, by closely scanning prices
and quality, energize the COM
petitive system in its constant
search for improvements that
make for progress.
-. THE PUBLIC - Those
who are the indirect bene-
ficiaries of this manufacture
and interchange of goods and
services. They, the public,
through their government, are
the ultimate umpires, insisting
that all participants in the
transactions Of business receive
a fair deal"
~
Yes, the public are and will con-
tinue to be "the ultimate umpires. -
1t is essential that the employing
classes thoroughly digest this fact
and act accordingly.
Copyright 1898, by 3, C. Forbes)
The Washington times., 1938-09-24

Onions-New York, sO-lb. sacks, globes,
U. S. is, S-inch minimum, &1.15 @$1.35.
Indiana, 25-lb. sacks white boilers, U. S.
is, 75@sOc.
Psss green !green-TelsPhonss bushel hamp-
Potatoes-New Jersey, l00-lb. sacks.
cobblers. U. s. is, &l.i60&1.15. Mary.
land and Pennsylvanta, 1oO-lb. sacks.
round whites and cobblers, U. s. is.
9Oc $l.Oo: ungraded s0@S5c. Idaho,
1OO-lb. sacks, russell Burbanks, U. 8. rs,
81. .0S 0$2.2S.
Spinach-BusheI baskets savoy, New
York. $1.00@$1.25. Pennsylvania, 500
76c. Nearby, half-bushel hampers, SOC o
squash-Nearby half bushel hampers.
Sweet Potatoes-North Carolina busnel
baskets Jerseys. ungraded, 60@75c;
Eastern shore Maryland bushel baskets,
golden', U: s. No. Is. S5c 0S1. few higher;
baskets white yams, U. s. No. is. soc o
$l' few higher. Nearby half bushSl ham,
pers, Jerseys. sO04Oc.
Tomatoes-New York IL quart baskets,
hamperS ripes best, 4O050c, few higher;
poorer, 35@S5c. Gamers stock per bushel,
field run, ASe; U. 8. No. IL, sOeS U. s. No.
2s, $50.
chickens-Rocks, 17G2Oc. Mixed colors.
1591soi leghorns, 1S@17c. Fowl-Rocks
zoo 21c; mixed colors. 10000; leghorns,
13 @15c; roosters, 12@14c; ducks, young
pekins, 14@16c; muscovy, mostly 15c,
Guineas, pounds and over, mostly 45ci
small not wanted. Prices include com
mi sion.
Eve Poultry - Receipts moderate;
market dull and not clearing. Chickens,
rocks, Ito 20o; mixed colors, 1$@ 1Sc;
leEhorns,, 16017e; fowl, rocks, 2o@ 21c;
ROSTERS 1s@1Gc. Ducks, young pekins
14@ 16c; muscovy, mostly 15c. Guineas
lbs. and over, 4O@4Sc: small no,
wanted prices including commission
Nearby unEraded eggs large size, 3S a
85c: medium size, $50 SOci mixed coiors
27@ csc. Prices include commission.
| Receipts-Butter, 962 tubs. Eggs 30:
Honeydews-calLfornla and Colorado
H;Io9Sl.26; s's., N@sL26.
Peaches-Maryland and Pennsylvanii
ssiSc sSc ~ s n rs min. ~ ,75Sss,:s IT. 51 sSsi 81
baskets Elbertas. U. s. Is, ain. min
S1.75@&2,OO, few higher; SalwAys bu
baskets, U, 8. Is, IA in. min, S1.3S
l.75; in. min.' $1.O0@$1.9S; IN in
min.' mostly 75c. New York--too few
PearS-New York, bushel baskets
Bartletts. U. s. Is, inch min, 31.25 q
$50; bushel baskets, Seckels, U. S. Is
~ inch min, $1.26@1.So; IN inch min.
75c.
VEGETABLES
Snap Beans-Maryland and Pennsyl
vania, green, round stringless, IS q SOC
few higher, per bushel.
Beets-Nearby. IA @2c, bunch.
| Brussels Sprouts-California, u drums
$2.5062.75
Cabbage - Truck. New York AnC
Pennsylvania, bushel baskets, Danish
500 40c; round type. 25@35c. Rail. Ney
York. 50-lOs sacks, round type best
80 a 35c.
The Washington times., 1938-09-24
STEP FOLLOWS S
CAPITAL FLIGHT
F R 0 NJ EUROPE
Further Issues Seen in
Near Future
By ERIC FRIEDHEIM

U.N.S) In a sudden shift OF
policy, the Treasury today started
a release of its recently acquired
'panic" gold holdings into the
nations credit structure.
Since liberalization of more
than ,3O0,OO0,OOo of its gold
stocks last spring, the Treasury
has acquired a new metal hoard
OF nearly $1,0O0,000,000.
INFLUX FROM ABROAD
This addition to the Govern
ment's gold holdings was brought
about largely through the flight
OF foreign capital to the United
States during the past few weeks.
With the European political
situation increasing in gravity,
the flow of frightened" money
seeking refuge in this country
reached record proportions. Only
In the past two or three days has
the flow abated, although latest
developments abroad may accel-
crate the movement back to It's
recent volume.
All the gold received by the
Treasury since the Dissemination
actioG of last spring has been
placed into its general fund.
Since no currency was printed
against this new metal, in effect
1t was not having any influence
on the nations credit resources.
The Treasury simply was paying
for the gold with cash on hand
and holding it idle.
AS these new holdings touched
close to $1,000, 100000 Treasury Of
ficialS decided the Government
should get some of its money back:
Accordingly, the first release OF
the idle gold was instituted yes
terday.
approximately $9o,OOo,OOo of
gold certificates were issued
against the gold and given to the
Federal Reserve Banks. This has
the effect of increasing the Treas
ury's credits with these banks
since gold certificates are used
as backing for currency.
MORE RELEASES LIKELY
While Treasury officials de-
clined to comment on the action
it is understood that additional
releases of gold will be made in
the near future.
Through yesterdays release,
Treasury deposits with the Fed
eral Reserve Banks rose to ST.
OBS 900, 900. while gold in the
general fund was reduced to
1927 100000. This gold stock,
however, will be increased within
the next week when shipments
now on the high seas reach the
United States.
The Washington times., 1938-09-24
BANKS DISTURBED

There are several Washington
banks that are frankly concerned
over q possibility that the Fed
eral Government will look to them
to make good a large quantity of
forged payroll checks that they
once caShed for q Government
employe who is now serving q
prison sentence for defrauding the
Government.
It has long been the custom
in many Government offices for
one employe to make trip to
the neighboring bank on pay
days with the checks of his feL
low workers. These checks have
been caShed by the banks with
out question for such a long time
that "the memory of man run
meth not to the contrary"
SOMEONE MUST PAY
However, when one Govern
ment disbursing clerk was found
to have obtained cash for more
than 1000 Of checks which had
been forged, the Government has
decided that someone must pay
the money back to the Treasury.
The banks say they are not re-
sponSible and legal experts for
the banks and the treasury are
making an exhaustive study of
the question. There are good cases
on both sides, it is said, and If
the suits are filed the final de.
cision Of the courts will have a
far-reaching effect on the law
that governs liability of banks in
such matters
The Washington times., 1938-09-24

manship, for greater Efforts TO
humanize business along lines &C.
ceptable to employees and to the
public.
1t is we'll that responsible execu-
tives are taking this wider view,
that they are awakening to the
fact that it is not sufficient for
them to think solely of profits.