davidaulloa/AmericanStories huggingface dataset:
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1938-12-09

new General Motors 1889 EN-.
ployc benefit plan tn a t I
thought you might be interested
in the attached copy of the
plans prepared for distribution
to employees.
The plans are simple. When
ever an eligible employees week
ly income falls below a certain
proportion Of a full weeks pay,
the corporation offers to ad-
vance him the difference. This
advance is not an ordinary
loan. The employe repays the
loan in work and only as he is
given an opportunity to work.
1t bears no interest.
The new plans are designed
to avoid the complete loss of
income to the eligible employees
during periods of enforced idle
ness. The plans do not repre-
sent a so-called guaranteed an
nual wage. The most desirable
balance between the highest pos
Sible annual earnings and the
largest possible number of en-
ployeS has always been and con-
tinues to be the corporations
purpose.
BY using the resources of the
corporation as an income stab
ilizing factor, it is possible to
make available to a large pro-
portion of our employees greater
degree of economic security than
has heretofore been available in
the automobile industry"
An accompanying booklet tells
that the management
will welcome constructive sugges
tons regarding the manner in
which the operation of the plar
can be improved"
All indications are that the peo-
pie of this country are awakening
to a realization that an adequate
of pay envelopes cannot
be filled by politicians (using
other peoples money!, but that
genuine prosperity and employ
nent can spring only from bust
ness and industry.
All steps taken by corporations
along the lines here mentioned
ire calculated to bring about fuller
understanding and, therefore
greater industrial harmony and
prosperity.
Copyright. 1888. by B. C. Forbes.)
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1938-12-09
837 Millions
Lent in Year
ByRFC

Jesse Jones, chairman, yes
terday announced the Recon
StructiOn Finance Corpora
ton had approved 1925 loans
aggregating 1891, $685. since
it resumed lending last Feb
ruary.
Business loans numbering
1921 and aggregating $780,
16O,741 were authorized.
Banks took up S4,538,514 of
these loans, and participated
in 1,107 to the extent of $685.
O19,383. increasing the total
to $179,641,609.
Jones disclosed that the
Federal National Mortgage
Association, owned by the
RFC, had bought 1916 Fed
eral Housing Administration
insured mortgages, tOtaling
$74,765,453, and would buy
1888 more worth $14,499,942.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1938-12-09
FTC ACCUSES
CLASS FIRMS

On the eve of the Autobiography
Committees inquiry into patent
policies of the glass industry, the
Federal Trade Commission last
night cracked down on four glass
companies and two AFL unions,
whom it accused of "conspiring"
to engage in mo opoliS / C
practices.
The ETC, which is represented
on the Joint CongreSSional-Execu-
tive Committee studying American
economic life, ordered the glass
companies and unions to cease &C.
Invites which it said suppressed
competition, increased the normal
price of glass sold under glazing
contracts, and raised the cost of
public buildings and projects and
private structures in which glass is
used. thereby lessening employ
ment.
The respondents are: Pittsburgh
Plate Glass Company, Frank
Clarke, st. Louis, Mo-, branc h
manager; Nurre Companies, Inc,
Bloomington, Ind, Belmont w.
Beinke, st. Louis branch manager;
BorroughS Glass Company, St.
Louis, Herbert H. Piou, vice presi-
dent; Hadley-Dean Glass Com
pany, st. Louis, Leo Hadley, jr.,
manager; District Council No. 2,
Brotherhood of Painters and Dec
orators and Paperhangers, Law
renee M. Raftery, secretary; Glaz-
iers Local Union No. 513, of the
same Brotherhood, James F. Egan
and Edward w. Hill. business
agents, and E. V. Hansen, secretary
of the Southwest Division, Ma
tional Glass Distributors Associa,
ton.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1938-12-09
Loans 10 Brokers
Up $116,OOO,O

NEW YORK, Dec. 9 GN.S0
Loans to brokers rose $4,000, 900
in the week ended yesterday, &C
cording to the weekly statement OF
Federal Reserve member banks in
New York city issued today.
The gain in such loans, reflect
ing operations of government Sc
curity dealers in connection with
the new Treasury financing,
brought rise of $137, 100000 in
total loans and investments which
amounted to $7,846,OOO, 900.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1938-12-09
LOAN LEAGUE
EXPECTS 500
FOR BANQUET
Martin A. Cook Heads
Plans Committee

The annual banquet of the Dis
trict of Columbia Building and
Loan League next March will be
the largest and most successful
one ever staged, according to indi-
cations today.
1t is expected approximately 600
members and guests will be in the
banquet hall at the Mayflower
Hotel on the night of March rs.
Laying the groundwork for the
big affair, he league banquet COM
mittee, headed by Martin A. Cook,
met last mig 1t to plan for the
event. Chairman Cook named
the following to serve on the gen.
eral committee:
Fred A. Smith, C. Clinton James,
Robert E. buckley, F. Wilson
Camp, Carl j. Bergman, R. K.
Espey, Odell S. Smith, Edward K.
Jones, Schuyler Sym ons, J. Haw-
ley Smith. William N. Payne, jr.;
C. E. Kefauver, Wilfred H. Blanz,
E. L. McAleer, Edward c. Baltz
and Arthur G. Bishop.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1938-12-09

narrow proportions. Trading also
continued at a sluggish pace, first
hour sales being restricted to 1907
900 shares.
The market was extremely quiet
and mixed at the opening. AS the
morning progressed a slightly
firmer tone developed, but few
groups we're able to show any pro-
nounced trend.
Steels maintained a relatively
firm front, with Bethlehem and
U. S. Steel each up about a half
point. Chrysler was a shade above
last nights close, but General Mo-
tors was virtually unchanged.
Among the representative stocks
to chalk up fractional gains, in ad.
dition to the above, were Dupont,
Anaconda, Westinghouse, Santa
Fe, Goodyear and American Can,
Consolidated Edison.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1938-12-09
Increase Expected
In Rayon Shipments

NEW YORK, Dec. 9 Q.N.S0.
Shipments of rayon yarn this year
will probably exceed 1875 total
despite the slow business in the
early part of 1898, Textile Eco
nomics Bureau, Incorporated, pre-
dicted today. Shipments in the
first II months were 100000, 900
pounds against 257 100000 in the
same 1887 period.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1938-12-09
u. ). Resumes ParIey
With Giannini Bank

0.N.S) The friendly confer
ence" of Treasury, RFC and FDC
officials with L. M. Giannini,
president of the Bank of America,
and two other officers, which
opened yesterday, was resumed
today.
Giannini is also a director of
Transamerica Corporation, re-
Gently cited by the Securities and
Exchange Commission on charges
of false and misleading state
ments" in its registration state
ment,
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1938-12-09

hours a week. it
will do so from
the first day
the wages and
hours act be-
came operative.
october "a.
The ! a W
specifies. the
company eX-
plains. that
o V e I t i m e
must be paid
no , to a ii
n y n exempt
employees W no
W DIRK m ore
than A hours
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1938-12-09
WRECO DIVIDEND

Directors of washington Rail
way and Electric Company have
declared an extra dividend of 81
share on outstanding common
stock, payable December 20, tc
stockholders of record December
13. The extra dividend, plus the
regular SO quarterly payments
bring the total yield for the veal
to $50 a share.
Potomac Electric Power Com
pany has announced the regular
quarterly dividend of $3.50 pei
share on it's per cent preferred
stock and the quarterly $1.371a
dividend on the 512 per cent pre-.
ferred stock, both payable on
March l to stockholders of record
of February Is.
Sixteen banks which have
opened Christmas Savings Clubs
for the 1889 Yule pay off" have
revealed substantial increases both
in enrollments and amounts com
pared with last year.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1938-12-09
Scientists to Meet

Washington Academy of Sci
ence5 will hold it's 288th meeting in
the assembly hall of the Cosmos
Club next Thursday evening. F. H
H. Roberts, jr., archeologist OF
Smithsonian Institution, will give
an illustrated lecture on the Fol
som problem in American archie
olOgy,
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1938-12-09
SIMPLE PLANS
WASHINGTON PRODUCE

BY the L. s. Bureau Of Agricultural
Economics
Prrces Paid shippers Net r O. K.
WashingtOn)
Eggs-Markrt steady. Government
graded and dated eggs. Whites. /. :
extras large, &c: L. :. extras, mediums
sc. L. S. standards large, SOC. -. :
Standards mediums, 27l2c: L. :. trades
- i2c; pullets, 25c. Nearby ungra 10,
eggs Current receipts. whites, 29u 5oc
mixed roIors. 27n2SC.
Live Poultry-Market steady. Fowl
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1938-12-09
Spencer New Head
OF Boston National

BOSTON, Dec. 9 Q.N.S).
Charles E. Spencer. jr., vice presi-
dent of the First National Bank
Of Boston, will be elected presi-
dent Of the bank at a meeting of
the directors on December %, it
was announced today.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1938-12-09
Oyster Supper

Members of the Washington
Building Congress will give an
oyster supper at the Corinthian
Yacht Club, First Street South
west on Monday, December 49,
Tickets may be procured at the
Washington Building Congress,
l211-A Connecticut Ave.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1938-12-09

no prog r am
They keep ask
ing. W h a t do
b u S sin e SSmen
OPP oS e a S
re m e d j eS for
depression?
Well, the Ma
tional ASSocia-
ton of Manu-
&C turer is
holding its an.
nual on V e n
tion in N e W
York, and its
eSi d e n t,
CHI arl eS R.
uoOb hos inst
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1938-12-09
Employers Guarantees
Are GlUen to W0rkerS
Large Concerns Are Realizing Value of
Eliminating Employees Fears
By B. G. FORBES

Under Andrew W. Robertson. Westinghouse Electric and
Manufacturing Company has developed exemplary cooperative
plans with workers. 1t established prOfitSharlng with en-
ployr> time In years it has honOrs in
national "Why Like to Work for My Company
and in one to discover company having the best employee
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1938-12-09

employer plan in operation.
Its progressive policy is demon
strated anew by the announce
ment this week that, instead OF
waiting until 1910 to pay workers
overtime for all time over 40
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1938-12-09
REMEDY LIES
With INDUSTRY
ON DEPRESSION
Manufacturers
Called Excellent
BY LEWIS HANEY
professor Of Economics. New York
University

NEW YORK, Dec. 9.-There
are some people who are Continu
ally insisting that business has
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1938-12-09

a week. The hours are to be
reduced o ~ next year, and 40
in 1910.
IN FORCE AT ONCE
The company's policy is to
put the full requirements Of
the act into force at once, max
ing overtime payments on the
40-hour basis Immediately All
overtime for salaried employees
will be paid at one-and-One-halt
times the earned hourly rate for
each pay period"
Here is additional testimony Of
the eagerneSS of many employers
20 do better by then Work-people
General Motors, you will recall,
recently announced a brand-neW
plan to tide its regular wage
earners, of two years or five years
service, over lean work periods.
The true import of the arrange,
ment-.although it seemed clear
enough-has been widely mis-
understood.
SIMPLE PLANS
Paul w. Garrett. G. MS direc-
tor of public relations, has pre-
pared a lucid explanation with
this comment:
I'VE have received so many
requests for further nforma-
ton on the recently announced
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1938-12-09

proposed a definite five-point pro-
gram for business recovery.
Here it is:
|. Place the emphasis upon in
creasing production instead OF
consumption
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1938-12-09
STOCK Market
STEADIER, WITH
TRADING SLOW
Price Changes Limited
To Narrow Range
BY LESLIE GOULD

NEW YORK, Dec. 8 G.N.SO.
A steadier tone developed in the
stock market today, following the
preceding days fair-sized reaction.
Plus signs predominated.
Considerable irregularity was
apparent and price changes with
few exceptions were limited to
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1938-12-09

The annual banquet of the local
officers and directors of the Is
low-rate industrial local compa-
MES affiliated with the Southeast
ern Industrial Bankers, Inc, will
be held at $50 p. m. December %
in the Washington Hotel.
1t is anticipated 200 persons, in
Guiding members of the sales or
CARNATIONS of the Is companies,
will attend. R. v. Herman is
chairman of the general commit
tee.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1938-12-09
RAY WINS CONTEST

C. B. Ray, District representa-
tive of the Lincoln National Life
Insurance Company, is going
about a bit more clipper these
days. And no wonder! He won
the national october sales con-
test staged by his company.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1938-12-09

Here it is
l. Place the emphasis upon in
creaSing production instead OF
consumption.
NEW DEAL ERROR
This is most important. In my
opinion, it would cure mistakes
which have been at the bottom OF
most of our troubles. The cardinal
error of the New Dealers is to
think that consumption can be
continued without production
that we can have food, clothes,
and autos as usual. while we rake
leaves and experiment with dams,
or pillow cotton under and kill pigs.
The fact is that consumption de-
ponds upon purchasing power, and
that purchasing power depends
upon production. AS we SOW, so
we reap.
Production must come before
consumption. The only way to
increase consumption. and to Sc
cure higher living standards, is to
produce more goods. The only
way to secure employment and
high wages for labor. is to provide
productive work for labor.
STIMULATE SAVINGS
Mr.. Hook suggests that the Gov
eminent place the emphasis on
production. I would prefer to
have our Government quit placing
emphasis anywhere in such mat
tiers. Just let the people see the
need Of increased production, and
how to get it. Then they will quit
supporting a Government which
tries to give the abundant life
without first producing it.
2. Stimulate the flow of corpo-
rate and individual savings into
production and trade
This is excellent, for it provides
the chief means of increasing pro-
duction and curing employment.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1938-12-09

%Ex. dividend. Books closed. tPlus
extras. e2% extra. f2h% extra. h 75c
extra. G $14 extra paid November 80.
1887. 3Oc extra. m So extra. . soc paid
September 20, 1888
Evening star., 1938-04-16
MAGNETIC STORM
SWEEPS COUNTRY
Engineers Work HeIp|ess|y
for Three Hours to Keep
Wires Clear.
By the AsSGciated Press.

BY the Associated Press.
NEW YORK, April 16.-One of the
most severe magnetic storms of the
goth century swept across North
America today, disrupting communica-
tions systems for several hours In
many sections.
Scientists said the storm was caused
by sunspot activity. They described
the accompanying display of Aurora
Borealis in the Northern tier of States
as the most brilliant in IS years.
The rare Northern Lights" CLEAN.
ing like giant neon tube in the
heavens, flickered in bright streaks
that ranged from dim pink to almost
blood red" In color, Harvard Observa-
tory reported.
Relatively few persons saw the
aurora, however. for the display did
not begin until 80 am. (E. S. T).
Causes Grief to Engineers.
The storm. bringing with it rain and
unsettled weather as an Eastern prel-
ude in many places, caused grief to
thousands of electrical engineers in
telephone, cable. radio and telegraphic
centers over the Nation.
For three hours or more they strug-
Evening star., 1938-04-16

sional medium. All had shown ability
in other kinds Of extra-sensory per-
ception work. Altogether there were
40 subjects. There were 113,O75 cards
read, as they would be in the deck
after they were shuffled. On the
average 5.l4 correct guesses were made,
instead of five, for each rs cards.
Chances 100000 to l.
The chances against such q result
being due to chance, DR.. Rhine calcu-
lates, were 100000 to l..
The results are so revolutionary
that the Duke professor himself hesi-
tates to accept them.
There are three possibilities, he
says.
The first is that human beings have
been able for the first time under
scientifically controlled conditions to
look little ways into the future.
The second is that the experimenters
were dishonest or unreliable. The
reader will have to make up his own
mind on that, Dr. Rhine says.
The third possibility he advances is
just about as marvellous as actually
reading the future. All the persons
conducting the experiments had shown
skill in previous extra -sensory per-
ceptlon experiments. Presumably they
had to a limited degree the ability tc
see" through the backs of the cards
1t is conceivable, Dr. Rhine holds,
and this resulted in an E. S. P. shuttle
The men who shuffled the cards re-
membered the order as called by the
subjects and subconsciously shufIled
the cards so that they would be ar
ranged roughly in the order in which
they had been called.
Evening star., 1938-04-16

gled helplessly to keep wires clear un-
der the erratic influence Of bom-
bardment Of capricious magnetic earth
currents.
The stray electrical currents, meas
ured at times at 500 volts by an en-
gineer employed by the American
Telephone & Telegraph Co., made
communications impossible on open
lines-wires strung above ground
from Atlanta to New England, from
East Coast to West.
Only underground wires insulated
from contact with the earth and
grounded" by parallel metal wire
were free from the disturbing in.
fluence.
A. p. Network Tied Up.
The 300,0OO-miie leased wire net
work Of the Associated Press was tied
up almost completely for more than
two hours-the longest period in more
than a decade-and news moved only
jerkily on limited circuits Other
wire news services had similar diff
culties.
Facilities Of the Western Union and
Postal Telegraph were also affected
for several hours. with technicians
powerless to combat the gigantic mag
netic forces arrayed against them.
Radiomarine Corp and the United
States Coast Guard reported wide.
spread static but were able to main.
tain contact with ships at sea-
Most commercial radio stations hac
ceased broadcasting and were unaf.
fected, but the Chatham, Mass, sta.
ton of the Radio Corp. of Americs
reported short-wave communication
cut of soon after am Long wave
bands remained dependable
Gable communications were only
slightly impaired Interstate polio.
automatic printer circuits, in the
Eastern States. functioned poorly
however. or were useless until the
disturbance subsidized
Evening star., 1938-04-16
SPENDING SEEN PUSHING
JEFFERSON'S PRINCIPAL
Expenditures Were Made to Hold
Union Together, Says
Senator Barkley,
Ey the Associated Press.

Ey the Associated Press.
Majority Leader Barkley told the
Senate Federal expenditures totaling
$17,000. 100000 show the present ad-
ministration has carried out the prin-
ciple of Thomas Jefferson that we
should unite for the common good"
He said the expenditures from March
4, 1893, to December 81, 1887, were
made from the Agricultural Adjust
ment Administration, Farm Security
Civil Works, Federal Emergency Re-
lief, c. c. c., Bureau of Public Roads,
Social Security, p w. A., w. P. A.,
Reclamation Service and public build
ing funds
Senator Barkley said the expendi-
lures were made Ito hold our Union
together and for benefit direct and
indirect to 10000 900 people"
Evening star., 1938-04-16

length, breadth and thickness. But
long since geometrical systems have
been built up with many more dimen-
sions. Length is created by q moving
point. Breadth is created by a mov-
ing line. Thickness is created by q
moving plane. So one arrives at a
cube, bounded by planes. Mathemati-
cally, it is possible to take the next
step and have a hypothetical figure
bounded by cubes-and in this sort of
q space one could walk through stone
walls and turn oneself inside out It
Is four -dimensional And the mathe-
matician can keep on building up this
way indefinitely. It would be only a
pleasant game were it not for the fact
that physics and astronomy seem to
demand four dimension space in
order for things to happen as they do.
Now DR.. Won Neumann assumes
possible infinity OF dimensions and
calls it One. Then length becomes a
minute fraction OF this infinity and
breadth another minute fraction and
between length and breadth there is
fraction Of dimension In fact there
are no jumps anywhere from one di-
mension to another, just as there are
no breaks in straight line.
The geometry of lattices, It was
explained, makes it possible to do lots
Of things which can't be done with
any other sort OF mathematics. Some
how or other, as Mr.. Birkhoff tried to
explain it to on-mathematical report
ers, the first man Adam is o when
one applies lattice mathematics to
the exposition OF Genesis, because
everything has to start with o. He
didn't attempt to figure out where Eve
stood on the lattice.
Mr.. Stone is concerned with lattice
problems Of quite another sort in
which he is trying to work out the
logic OF "and" and of "either-or," "
Evening star., 1938-04-16
Auto Horns Protest.

When the Penang Turf Club Of
Penang. Straits Settlements, held its
first big meeting recently, hundreds
Of cars were so jammed in one in
closure having only one exit that most
Of them could not be moved an inch
for over an hour. Taxis and rickshas
were given the right Of way and the
angry drivers sounded their horns
in protest during the entire hour.