davidaulloa/AmericanStories huggingface dataset:
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1938-09-26

fnehrsr or any OF his kind. Their logic
Is not the logic Of other minds their ways
are not the way Of men Of good win and
normal honor. Any person or nation that
seems TO stand in the way Of their law
less progress Is to be bullied and spat
upon.
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1938-09-26

Ass page hVE inc 2MsW0Ess
z~~~a@~~
!. Il there O law requiring jus
tices Of the Supreme Court Of the
y. 8. 10 be Q lawyer
2. What 10 snuff
.. What Is the scientific name for
white ants?y
4. Name the state flower Of Mis-
sissippi.
8. who u Clarence v. Conians
9. Where Is the region called
Painted DESERT
Z. Name the capital Of Uruguay.
Q. With what auoft 10 the name
Helen Jacobs assCciated3
0. Should olives be eaten with
the fingers or forkS
10. How much Nero blood has an
0ctnrc0n2
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1938-09-26

washington, Sept. Diplomacy has a habit Of play
ing weird prans and Of the welrdes was the qurk Of
fate which picked up Wilbur John CARR from tame and
unexctng desk In the state Department and dropped him
down in the turbulent part Of the world as Minister TO
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1938-09-26

Many sound economists see the cause
Of our present business ailment and I'M
employment in the enormous and rapidly
increasing taxes of the last six or eight
years. Taxes, particularly when paid out
Of wages and capital, diminish purchas-
ing power on the one hand and the oppor-
tunfty to employ labor on the other. La
Dor leaders are beginning to recognize the
encroachment of taxes on the welfare and
income Of those they represent and their
voices of protest will be heard more and
more in future sessions Of congress.
One has only to study the amount OF
taxes paid by representative American In
dustries for each employee and each stock
holder to realize what these concerns have
to earn before they can pay wages or divi.-
dends. In many cases the government
gets more than the employe or stock
holder. A few typical examples are as fol-
lows:
COMPANY Taxes Paid in 1887
For Each For Each
Employe Stakeholder
American Can. Co. .$334.00 $4,000
American Telephone. $500 20700
Bait. & Ohio r. r.. 2Sa'0o 5000 o2 %
Beth. Steel Co.. $4,000 425.00
Com'wIth Edison Co.1601.00 221.00
niinois Central. 49,. $4,000 672.00
Texas Corporation. .336500 1256.00
q. s. Steel Corp. 49,. $500 $500
r. w. Woolworth Co. 253.00 10000
What workers paradise It would be
II the above sums paid to government for
taxes could be added to the wages Of each
employe instead. And what stimulus to
purchasing power and prosperity is con-
tanned In this possibility.
II the cost OF government and taxes 60
dcwn-wages and dividend payments
could 60. up for the above sums were
earned and paid BY the American public public:
leaders. stockholders and employees, In
fact everyone should give thought to the
potential prosperity inherent In decreased
taxes and decreased cost Of government.
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1938-09-26
THE EDITOR

@. How many members did the
FIRST organized stock market In New
York city have7
A. On May II. i7s2, twenty.four
brokers subscribed 70 the original
brokers' agreement, and met under
. buttonwood tree ct what Is now
90 Wall street.
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1938-09-26
Q. what does "pixila tod" lneanY

q. What does "pixiiated" rnean2
A. II Is derived from pixy, 0 mis-
chievous sprite Or woodland fairy,
who delights IN leading people
astray; chiefly used In English folk
lore. Strictly, II denotes one who Is
overly familiar with imaginary for.
est folk. IT'S broader definition Is
"balmy." II gained new currency
from the motion picture mfr. Deeds
Goes TO Town"
q. Why Is moist air lighter than
dry air?
A. Because water vapor Is light
or than most Of the other gases In
the atmosphere.
q. How much did the eternal
Light" Peace Memorial ct dettys-
burg COST
A. $4,000.
q. What was the original pur-
pose for establishing the Veterans
Administration?
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1938-09-26

Younger Diplomats Envy Exciting
Job Of American Minister In Prague;
Wilbur Carr Was Put In "Sofe" Berth
After 43 Years Of Dull Routine;
O'connor Purge Big Victory For FDR
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1938-09-26
Questions and
Answers
~ Frederick M. Kerby

Enclose o three.cent stamp FOR
reply when addressing any cues.
ton OF fact or information 20 the
Waterbury Democrats Service Bu.
reau at Washington. Legal and
medical advice cannot be given.
nor can extended research be I'm.
dertaken. Be sure oil mail 10 ad-
dressed 20 the WATERBURY
DEMOCRATS SERVICE BU-
REAU, 1918 Thirteenth Street,
Washington. D. g.
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1938-09-26
Test Y o q :
knowledge

Can you answer seven Of
these test qucstions7 Turn 70
last page for the answers.
The Waterbury Democrat. [volume] (Waterbury, Conn.) 1917-1946, 1938-09-26
A Thought for Today

Thou shalt fear the Lord Thy God, ana serve
Him, and shalt swear by His name.-Deuteron-
Omy 6:lS.
GOD should be the object Of all our desires,
the end Of all our actions, the principle OF all
our affections, and the governing power OF our
whole souls.-Massillon
The Daily Alaska empire., 1938-12-16
CROSsON ON NORAH

Joe Crosson, of the Pacific Alaska Airways in Alaska, who has been south for several weeks, is passen- ger for Juneau aboard the Princess Norah.
The Daily Alaska empire., 1938-12-16
CHAMBER MEETING

A regular meeting of the Doug las Chamber of Commerce will be held at 8 o'clock this evening
The Daily Alaska empire., 1938-12-16
NORTH COAST
 FAKES FIFTY SOUTH TO-DAY

Eleven passengers came ill on the steamer North Coast from Sit ka last night and fifty passengers sailed for southbound ports.
 Arrivals from Sitka were MT. and Mrs. F. w. Dolphin, w A. Chipper- field, Amos P. Cole, T. Austerman, Mrs. T. Austerman, Eli Howard, Mary Andrews, Mary Moses, David Bailey
 Sailing for Seattle were MT. and Mrs Bert sLybeck, H. E. Olds, J. Romer, H. Eggleston, MT and Mrs Wayne Johnson, Dian Shanon, Mrs S. E. Robbins, R. T. Emery, Har- old Joe Michaelson, A w. Ouist Roy Taylor, Mrs. R. C. Coffcy. Mrs J. White, Mrs M D. Williams, George Hellerich, A. G. Thommen Ted Matthews, c. w. Crockett, A. Retzlaff, E. Duggan, William Nell Son, E. A. Woods. F. V. Mills, Mrs w. E. Hillman, w. E. Hillman, Mrs Mark Jensen, Mark Jensen, John nie Jensen, Mrs. A. Grab, Ann pwyer, Gust Savela, A. MiscoVich, Julius Schafflick, Jack Marasovich Harry Lofgren, William Council. AL bert Aisen, Walter Lloyd
 For Ketchikan-W. c. Stump and J. Schubert
  Hazel Coffin, L. J. Mcdonald, Hen ry Roden, Helen Prescott, Jennie Runstad, Hans Wick, V. V. White
The Daily Alaska empire., 1938-12-16
HOSPITAL NoTEs

Miss Diana Ayers was admitted to St. Anns Hospital last evening fer medical care.
 Mrs. R. Collins and baby boy were dismissed today from St Ann's Hospital
 Mrs. Peter Riley is a medical ad- mission today to St Ann's Hos pital
 Joseph Castle underwent a minor operation today at the Govern ment Hospital
 Edward Kun2, 9 surgical patient at the Government Hospital was dismissed today
The Daily Alaska empire., 1938-12-16
DANCE SATURDAY

Auspices of the Juneau Ladies Auxiliary, at the Union Hall. Lillian Uggens Orchestra. Turkey Door Prize adv.
The Daily Alaska empire., 1938-12-16
DOUGLAS
 NEWS
ARE WINERS
 OVER FIREMEN; STUDENTS
 LOSE TO MENNiNG'S 16 TO 33

Douglas Bremen suffered a de feat in their second game with the TreadWell Foundry hoopsterS last night at the Nat after leading most of the way. In fact they were lead ing until the last minutes of the third quarter play when the almost unerring aim of Lloyd Guerin and Gordon Mills, Foundry forwards, piling up their personal scores to l8 and 10 points, respectively, gave them final victory. Alex Gair Jr., with 13 points and Manning with 12, were top scorers for the iron workers. These two teams are even- ly matched and the playoff promis- es future excitement.
 The preliminary between the Douglas Hi and Jennings was a disappointment for the locals as to results, but afforded some beauti- ful play on the part of Henning's s team to watch
 l During the first half the student ! players seemed to be afflicted with inertia-couldnt seem to get start ed and it ended g to 2 against them. The second half. was a diff ferent story by far. They shook off that lethargy of the first period and outplayed their opponents scoring IA points to Il made by Henning'S
 Lineups and scores follow:
 K DOUGLAS HIGH JENNINGS $ Ell. Savikko, 5......... Schubert, g ED. Wahto, 2...............T Turner, CA. Savikko, O. Chapados, F GIG. Stragier, 9............ Foster CIR. Fleek, 0....................P Pope,
 Substitutions: High School-Krsu
 for H. Savikko; G. Wasto for A
 Savikko; H. Sayikko for R. Fleek Jennings = Beck for Schubert
The Daily Alaska empire., 1938-12-16
N0RTHLAND HAS
 A pASSENGERS
 JUNEAU BOUND

SEATTLE, Dec. Relationship Northland sailed this forenoon at 10:15 o'clock for Southeast Alaska ports with 39 passengers aboard the following booked for Juneau;
 Miss Cicely Chunn, c. B. Yes tai. Lawrence Larson, Mrs. R. Krenz, Mrs. C. O. White, Miss Ran di Molver, Mrs. z. Gilchrist, Miss Corinne Duncan, Mrs. T. J. Me Call, H. Johansen, Ray l. Dun can, D. Bennett, D. Williamson Stephen Carey.
The Daily Alaska empire., 1938-12-16
MARINE NEWS
STEAMER MOVEMENTS


 NORTHBOUND . Princess Norah scheduled to ternoon. Should have three arrive at 4:30 o'clock this af- Q days mail aboard. Northland due Tuesday. 0 Tongass due next Tuesday. SCHEDULED SAILiNGS c Baranof scheduled to sail from Seattle 9 am. tomorrow. . North Coast scheduled to sail from Seattle December 23 0 at 10 am.
 SOUTHBOUND SAILINGS Mount Mckinley scheduled southbound next Monday . LOCAL SAILINGS Estebeth scheduled to sail every Wednesday at pm TOT Sit ka and wayportS. Dart leaves every Wednesday at ' am for Petersburg, Port Alexander, Fake and way ports.
The Daily Alaska empire., 1938-12-16

SubStitutions: Foundry Edwards for Mills; Firemen-Bonner for Gray
 Officials Referee, Erskinc; tim CT, Angus Gair; scorer, Tom CaShen
The Daily Alaska empire., 1938-12-16
11pA55ENGER5 ABOARD k0RAH
 FOR THIS PORT

Canadian Pacific steamer Princess Norah, from the south, is scheduled to arrive in port at 430 o'clock this afternoon
 The following are passengers booked for Juneau:
 Jean Faulkner, Gimmel s. George, Edwin B. Kraft, Charles Murray, John Prosick Curtis Shattuck, Ben jamin Stewart, Doris Stewart, Joe Crosson, Robert Fleming, Gerald Hanson.
The Daily Alaska empire., 1938-12-16
NORTHERN AIR
 BRINGS THREE

Pilot Les Cook, Northern Air wSys, flew in from Atlin this morning with two passengers from Mayo and one from Atiin
 Passengers were Mrs. c. Stevens and F. Bird from Mayo and George Finn from AtlinE
The Daily Alaska empire., 1938-12-16
SHATTUCK RETURNING

Curtis Shattuck of the Shattuck Agency, Insurance, is a passenger aboard the Princess Norah after a vacation trip of several months in the States, during which time he has visited the East, Mexico and Pacific Coast states.
The Daily Alaska empire., 1938-12-16
KILBURN BUILDS GARAGE

A two-place garage was com pleted this week by l.. w. Kilburn as an addition to his apartment house on Fourth Street, improving the property and affording conven- fence to his tenants.
The Daily Alaska empire., 1938-12-16
TIDES ToMoRRo oW

Low tide-3:13 am, 3.9 feet. High tide-9:35 am, 16.4 feet. Low tide-4.14 pm, 0.8 feet. High .tide-10:36 pm, 13.7 feet.
The Daily Alaska empire., 1938-12-16
Former Juneau Man
 Dies in Seattle

Word has been received in this city of the death, October 29, in Seattle, of Jack Langdon, former Juneau business man, and that his ashes had been sprinkled near the lighthouse at Elliot Bay.
 Langdon was a member of the Eagles, and while in Juneau was for two years the secretary of the Bartenders Union.
The Daily Alaska empire., 1938-12-16

Today's News Gooay Empire.
The Daily Alaska empire., 1938-12-16

Lawson for Turner; Herrett (4 for ChapadoS
The Daily Alaska empire., 1938-12-16

ALASKANA. By Marie Drake, soc
Evening star., 1938-12-21
Chicago Livestock

lambs eMGe9o pe mos, IL ys,7dsy D,es ne
downturn when receipts once again fell
below expectations today.
HOGS gained 10. to 20 cents while fat
hog top returned to ,s7.s5 per hundred
with some held higher.
about 5000 below advance estimates The
wholesale meat trade was somewhat. slug
packing interests was broad.
Steers retained the weeks sharp upturn
q q prices. Shippers competed actively Tor
with both light and heavy bullocks brine1ns
bulk cleared at 50 to S12.25.
neuas Dt g5cS aTess ssni4sy Hsfs
good and choice, I5o-lso pounds 1906;
7.O0-25; good light and medium weight
packing sows, 6.4O-7O; extreme heavies
down to 900
= Cattle; 1000: calves. !. 200: steers most:
strons % on SHIPPER account but market
saes s9sas .ens eli e at 100 11 madum down S to ssS
payins 1soo-1 s.25 with top i3.5o for
SGse eh asd sesh's 81 she m mosis sns
active: most beef cows 55O-6!5: cutters
4:25.525: ,heifers 7.50,9.25: best around
l1.0O; bulls 1915 higher. with weighty
sausage offerings up to 6.S5. practical
top. vealers 9.00-50.
Sheep. 5000 including 800 direct: late
Tuesday lat lambs $3.50 lower than
packers $3.50 90: several loads to ship
pers 915: extreme top 935 to small
killers; top slaughter ewes 4.4e: today's
trade fat lambs strong to 25 higher
than Tuesdays close; bulk 900: choice
9.25: good yearlings 7.OO-5O: sheep steady
native ewes 3.1o-4.00.
Evening star., 1938-12-21
Chicago Produce

CHICAGO. Dec. 21 R.-Poultry, live.
2 cars. 55 trucks: turkeys easier. balance
steady; colored springs. pounds up l5;
young toms, Is pounds up 20; under IS
pounds, %; geese, 14la; other prices un-
changed.
Dressed turkeys nrmer; barrels young
down. 81; box packed. young hens. 30;
young toms IL to 1B pounds %: South
western young hens, 81; young hens. Fl:
Butter, $50, ,472;- nrmer; creamery spe-
s9l: 25-25M: seconds {s4:s7.s). ssh;
Eggs 1904; easy; refrigerator extras.
21 21,ces stanessds anesons.d Po" rsts' aos other
D''HSS 'unised Inse ststes Department of Aericu,-
Potatoes. 54: on track. 23O: total United
States shipments, 1885, steady: supplies
moderate; Idaho Russets demand fair;
other stock light: sacked, per hundred-
weight. idaho Russet Burbanks U. s. No. l.
1851 TN; Colorado Red McClures. U; 8.
No. l burlap sacks. fair quality and color
1.7O: Wisconsin Cobblers. U. S. No. l. %:
Round Whites. U. S. No. l. LILO: North
Dakota Bliss Triumphs. 30 per cent y. 8.
No. l, so; Early Ohios, u 6. No. l. 40:
new stock track sales less than carlots,
bushel crates Texas Bliss Triumphs g.
No. l. 200; U. s. No. /. size B, 10; street
sales bushel crates Florida Bliss Tri-
umphs. U. S. No. /. 200.
Evening star., 1938-12-21
Spinning Industry
Increases Activity
Curing November
Operates at 1876 Per Cent
Of Capacity, Census
Bureau Reports
BY the Associated Press.

By the Associated Press.
The Census Bureau reported today
the cotton spinning industry operat-
ed during November at 1876 per cent
of capacity, on an 80-hour basis,
compared with 81.9 per cent during
October this year and 69.s per cent
during November last year.
Spinning spindles in place Novem-
ber 80 totaled 2e,o48,734, Of which
"a, AS, ,2s0 were active at some time
during the month, compared with
2e,oSe,22S and 22,113,e52 for october
this year, and 26,7O6 800 and 22,79l,-
$50 for November last year.
Active spindle hours for November
totaled 1875, 1913 .064. or an average Of
29l hours per spindle in place, COM
pared with 7.118,439,7l3 and 273 for
October. this year, and 6,482 ,657 TAG
and 243 for November last year.
Spinning Spindles in Place.
Spinning spindles in place includ-
ed: In cotton-gr States. 49,
691 1902, of which 17,026,194 were ac-
tive, compared with 18,713,708 and
l6,915, ,778 for october this year, and
1912, ,484 and 1881 1886 for Novem-
ber last year, and in New England
States. 6,555 ,04O and 4,797, 100, COM
pared with 6,571, ,450 and 4,594,870
for October this year, and 7,l08, ,290
and 4,762 ,054 for November last year.
Active spindle hours included: In
cotton growing States, 6,023 1927 ,937,
or an average of 322 hours per
spindle in place. compared with
5,622 ,945 ,975 and 301 for october this
year, and 5376,058, ,428 and 296 for
November last year, and in New
England States, 1,4O7, ,199, ,313, and
2l5, compared with 1,347.198,525 and
205 for october this year, and 994,-
612 031 and 140 for November last
year.
Active Spindle Hours.
Active spindle hours and the aver
age per spindle in place for No.
vember, by States. follow:
Alabama, 552,512,846, and 2e6;
Connecticut, 99,63O, 1868, and I'll;
Georgia, 1,1OO,l25,932, and 339;
Maine. 1872 ,318,673. and 259; Massa-
chusetts, 724,856,366, and 1893; Mis-
sissippi. 52,602 ASS. and 251; New
Hampshire, 114,97O,166, and 2l2.
New York, 66,444,492, and 1877:
North Carolina, 1,739 ,500,189. and
299: Rhode Island, 259, 1872 236, and
265; South Carolina, 2,0l2, 1927 ,518,
and 1853; Tennessee, 210, 0,425 1866, and
357; Texas, 70449 ,29l. and 279; Vir-
ginia. 191 660, ,624. and 299; all other
States, 147 ,685 ,942, and 20l.
Evening star., 1938-12-21

PARsN1Ps - PENNSYLVANIA. h-bushel
'fa.s: BLACK MISUNDERSTANDING. 2h-3 per
ENDIvEs-Belsium. 1o-pound boxes.
PINEAPPLEs-Cuba.- crates, 3.OO-4.OO.
KUMQUATS-Florida. 6-10 per quart.
ESCAROLE-Florida l "a bushel hampers.
RoMA1NE-Florida. IN bushel hampers.
-'TANaER1NEs-Flori y bushel boxes.
LEMoNs- boxes. No. /. 45O-
800; mo. 2. 4.O0-4.50 as to size.
GRAPEFRUITSTwo Florida arrived: two
broken and three unbroken cars on track
Standard boxes; Florida. 1.50-1.76; Texas,
Pink Meats; 2;So-2:76i
CHRISTMAS REEs.-Minnesota. chemi-
cslly treated 3e-4o inches hish. green. 35-
wREATHs-Delaw.re. holly. artincial
berries. small size; l.O0-l.l5 per dozen.
1:,n;n 1S,s dozen zoo PEI case; cartons csn:
MIs1LEToE--North Carolina. bushel
ffs Mixed 50eis! efTR9sNo SH carlo. arrivals: one
..3 s. g .s'lsss ..s'v.,. on. ue.e..n
Evening star., 1938-12-21
FOREIGN EXCHANGES

NEW YORK. Dec. 81 Gp,.--sterling. con-
tinued to, give ground in terms Of the
dollar today. Pressure was not heavy,
however, ana by early afternoon the unit
had lost only " cent.
Foreign exchange operators reported the
recent decline in the English. unit had
failed to stimulate commercial demand.
The French franc advanced :00h cent
while the Swiss franc and guilder were
narrowly lower. The belGa was unchanged
Late rates follow:
Great Britain in dollars. others in cents
Great Britain. 4.66: 60-day bills. 4.95H:
Canada. Montreal in New York 9S.98is;
New York in Montrea', 1O1 -; Belgium.
1855; Czeeho slovskia; 3.42h; Denmark.
many. 1910; Benevolent, 22.3b; travel.
22.2b: Greece. .s5A; Hungary, 1895:
Italy. 5.26A: Yugoslavia. 2.34 Neither
lands. 54.35: Norway, 23.42: Poland. 1895;
Portugal. 4.25: Rumania. ,,75:. Spain, un-
quoted: Sweden. 24.OO: Switzerland 22.5s;
Argentina. 31.1On: Brazil free). soon ::
Mexico City. 2O.75n:- Japan. 27.2O: Hong
Kong. 29.18: Shanghai. 1880: rates in
spot cables unless otherwise indicated.
n Nominal.
Evening star., 1938-12-21
New York Produce

g, NEW YORK; Dec. 81 R:-Eggs, 27.-
2aha.3l: Standards. 20: firsts 26K.
al'ef M "a sp.ei:s aysi:hs
23A-25A: standards. 2S%-23A; nrsts,
22A-ia; mediums 2I'4.
m Whites Resale of premium marks. 81
80; ~, Nearby and Midvestern. premium
fancy mediums. 32.35. Nearby and west
Broxns@Extra fancy' sSl-ssH. NesT: a.
seersy e1essnse ssshaass e. specials
Puek PItt.r esss: fancy. 3a-35:
higher than extra. 27N-2s; extra (9S
Seconds seeos1d 2e25 s4s7, 5sss gsq4 tsssD 24%-2eH
changed
, Rye. SPOT. steady; No. Western. c.if..
BSfiey seSt steady; No. domestic. elf.
oher @ srtsles mdeEes. ssesdy ind
ems, Rocks 2o-21; .colored. is. fowl. col
sssss FL s;ss; ID lfhS5s fs9.s.r' 1t ts9R:s: s!:
1918.
BY express, irregular. Chickens. Rocks,
o2 RocI. irosSes So2d Reds 5s2e eroli
Leehorn: IS: fowl. eoiored. aoH 81: Leg
horn: 15-ls pullets. Rocks, 2O-26: crosses.
20-25; Reds, 22-23; old roosters, IL; tur-
keys hens. $500; young toms, 24-25:
Dressed poultry steady to nrm. Fresh
boxes. old roosters, 1915; boxes and bar
rels. turkeys. Northwestern, 22:31h; West
ern. 22-30: Southwestern. 21 h-3O: other
1resn, all frozen prices UNCHANGED.
Evening star., 1938-12-21
U. S. Treasury Position

The position I. Of the Treasury Decem-
Der 10:
Receipts. S72,147 1868; expenditures.
$SS.50S, ,660.35: net balance. 50. 1877 .6S4,-
459 S2. including $2,639. .666 ,SSO.2l work
Ing balance; customs receipts for the month,
SIT. .296. 1866.
Receipts for the fiscal year (since July
u. $2,7SS.9S6. .426.11: expenditures, $4.-
2S9. $50. .632.34 including 81 1886. 1913. 81 81
OF emergency expenditures: excess of ex-
penditures. 81. 500. s64 .2O6.23; gross debt
500 .405. s93.97O.90 an increase. of So.
130663:64 over the previous day; gold
Receipts for December 1s. 1887 (com-
parable sbt;+ date last year; $50 943; ;3il26;
So. .123. 191 $50. "A. including Sl,351,79s,-
S23.lO working balance; customs receipts
for the month. $19, 189. 1854; receipts for
lures. SO. 523, 615.sO7.64. including $780,
367.717:67 Of emergency expenditures: ex-
cess OF expenditures. $503. 736. .426.73:
sets. S12, 2,764,91O.641.
Evening star., 1938-12-21
Konsus City Southern
Executive Promoted
By the Associated Press.

By the Associated Press.
NEW YORK, Dec. 21.-The ap-
pointment Of William N. Deramus,
vice president and general manager
Of the Kansas City Southern Rail-
way, as the lines executive vice
president was announced officially
yesterday by Harvey G. Couch,
chairman of the company. Deramus
will continue in the Kansas City
office
Evening star., 1938-12-21
Fidelity Is Ready
10 Go a Long Way
To Meet ). f. T..
President 'EmphoticoI|y'
Denies Any Fraud
Was Procticed
Fy the Associated Press.

Fy the Associated Press.
Carmi A. Thompson, president of
Fidelity Investment Association,
said yesterday the directors we're
disposed to go long way" to meet
technical requirements of the Secur-
tiles Commission in order to avoid
expensive litigation.
The S. E. c. accused the company
last week of fraud and misrepre-
sentation" In the sale of its securities
Contract certiflcates). The COM
mission said the company, from
November, 1920, to date, has sold
about 100000, 900 of the securities.
The company, which has head
quarters in Wheeling, w. Va, and
branch Offices in SO cities, sold the
securities to about $4,000 purchasers
throughout the country, the COM
mission asserted.
Denies "Any Fraud"
In prepared statement Mr..
Thompson, former treasurer of the
United States, "emphatically" de-
MED that any fraud or misrepre-
sentation has been practiced.
He disclosed that the Executive
Committee of the company voted at
meeting yesterday to instruct the
officers to register factual data
about the company with the Securi-
ties Commission
He said later the Board Of Direc-
tors does not have to pass on the
decision of the Executive Committee
At yesterdays meeting here, the
Executive Committee approved an
answer to the civil action filed by
the S. E. C. The answer. the state
ment said. will be filed today at
Detroit In the Federal District
Court where the commissions bill
of complaint was lodged last week
Decision Is Separate.
In his statement, Mr.. Thompson
said "the decision to register with
the Securities Commission was a
separate matter from the legal ac-
ton"
With respect to the civil action
filed in Detroit by the Securities
Commission I think it is fair to
point out that the commission may
find it necessary, under the statutes
governing its operation and espe-
cially its complaints, to make use OF
such terms as fraud and misrepre-
sentation,' but that as president OF
Fidelity I emphatically deny that
any fraud or Misrepresentation has
been practiced," the statement as
serted.
Il would point out that the con-
duct of our association over 28 years
and through the depths of a most
stringent financial depression which
wrecked hundreds or thousands Of
banks and other financial institu-
tons, has been subject to public
supervision in 20 States and that
our contracts have been carried out
meticulously and without default.
More Chan $50, ,O0O, 900 have been
paid in cash to our contract holders
in the last 10 years."