davidaulloa/AmericanStories huggingface dataset:
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-03-03
EatonviIIe Ring
Show Saturday

Seattle boxers from the Down
town club Will headline an ANA
teur ring card at Eatonvillc Sat
urday night with five fighters In
the feature bouts.
TopDtng the show. Clinton Gage,
Seattle middleweight. meets Don
Morris Of Tacoma. The complete
card IL as follows:
Clinton Gage. Seattle. VS.. Don
Morris. middlewcights. Paul Lari-
more, Seattle. VS.. Les Dickcy. Eat
onville. lightweights; Ace Mayo,
Seattle. vs.. Johnny Miller. Eaton
Vile, lightwcights.
Harold Sites. Seattle, VS.. George
Lind, Eatonville. wclterweights;
Katsu Miya. Seattle. VS.. Junior
Hagsat. Eatonville. bantam
weights; Dick Woods. Seattle, VS..
Clayton Elmer. Eatonville. welter-
weights: Earl Kirkpatrick. Elbe.
vs.. Jens Jensen. Pack Forest,
featherwcights. Robert Leo, Eat
onville. W. JOSH Kirahora, Eaton
VILE, flyweights.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-03-03

Here are some of the other
matches that Druxman is now
working on:
AL Hostak VS.. leading light
heavyweight If he is successful
against Erjavec.
Solly Kreiger, middleweieht
champion of the world. VS.. Allen
Matthews, ranked fifth among the
l6o-pounders by the N. b, A.
Wild Bill Boyd. Jack Dempscy's
heavyweight contender, VS., Bob
Pastor. Jimmy Johnston's New
York battler.
Solly kreiger VS.. Al Hostak for
the middleweight championship OF
the world.
Al Hostak VS.. Billy Cohn, lead
inc light heavyweight champion
ship contender,
II this program goes through II
will be the biggest in the North
west In many years.
Right now Hostak. who will fig
ure prominently in this lineup, is
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-03-03
FIFE WRESTLERS
Face LINCOLN

Flies indicated wrestling
team invsdes the Lincoln gym this
afternoon where they face the inn
proved Abe squad.
Besides the eight first team
matches there will be several Sec
ond string bouts. The Trojan
grapplers are the only team that
has bested the Lincoln squad. They
edged out a 25-1s win over the
Abes early in January. since then
the Lynx have won five straight
meets including a victory over the
1888 Northwest champions. Hill
Military academy and the Portland
city titleholders. Benson Poly high
school
Those wrestling for Lincoln will
be Byron Richmond. % pounds:
Harry Engoe. l05 pounds. Iwao
Takasugi. ll5 pounds: Walt Arm
stad. l25 pounds: Tom Cameron.
l35 pounds: Don Corcoran. l45
pounds: Bob Cole. l55 pounds. and
Don Gavin. los pounds.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-03-03
Coast Basket
Race Near End

Pacific Coast conference basket
ball teams battle on three floors
tonight to determine the 1889 di-
vision championships.
University of oregon and Uni
versity of Washington meet at
Seattle TO decide the northern di-
vision title.
California plays stanford at
Berkeley and L. ). {. meets
4. {. l.. A. In Los Angeles In
the southern division race, I'm
which California and T.. ;. {.
are factors.
Oregon needs only one win &c
clinch the northern crown. Wash
ington must win both games TO
take the crown from Laddy Gale
and his mates. Oregon has won
II games and lost two. Washing
ton IL and three.
California needs one victory
to clinch a tie. two to take the
championship. L. ). {. must
win two from L. {. l.. A. to
overcome the Golden Bears
one-game advantage and earn
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-03-03

Lincoln. alone. stands in the
Tigers path to the city champion
ship and a Junket TO the annual
state hoop meet at the University
of Washington's mammoth pavil-
ion In Seattle. March Is. 10, IL
and IS.
And the Abcs stand face to face
with an almost impossible task.
In quick succession they must de-
feat Bellarmine twice and in be-
tween turn back the Tigers. For
that, no less. they would earn a
tie. A loss for Lincoln In any
one of the three Tits means sud
den death to title hopes.
Coach Bin Hardie's Abcs
clash first with Bellarmine In
the Lincoln gym saturday
night. On March 10 they
meet the Tigers. also ut Lin
coin. and, finally. they tangie
again with Coach Bob Levin
sons Bells on March IL.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-03-03
Abe Aquatic Team
Meets Vancouver

After winning its first meet of
the season. Lincolns swimming
team has dropped SIN contests in
row. The Lynx face the Van
couver mermen today az $50 IN
the Abe pool.
Vancouver swimmers eked a
$3.50 win from the Lincoln fin
men earlier in the season.
Probable starters for the Lin
coin squad are Bud Solum and
Chuck Rohrs, 50-yard dash: Bert
Barber and Wallace Tuckey. 100
yard free style. Leonard Hoveland
and Harvey Berg. 10o-yard back
stroke: Don Ellis and Joe Dow
sett. 220-yard free style.
Bud Ford and Tom Brotherton.
breast stroke; John Krutilla, div
ing; Ford, Hoveisnd and Bin
Rohrs. 150-yard medley. and Bar
Der. c. Rohrs. Tuekey and Solum.
2oo-yard relay.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-03-03
Widener Classic
Down to One Mar

MIAMI The $4,000 added
Widcncr challenge cup race at
Hialcah Saturday. biggest event Of
the Florida turf season, shaped up
as a zone boss" affair today. Max
well Towards Stagehand was sure
TO go to the post an odds : on
favorite now that War Admiral In
out of II.
Odds on the duslsy, four-year-old
dropped to As when Samuel d.
Riddle decided II would be too
risky to let the ailing Admiral run.
Stagehand. leading money
winner Of 1888. should have
little difficulty In becoming
the first horse to win all three
NJ the big winter purses.
Only two OF the seven other pos
sible starters were conceded Z
chance against Stagehand. They
were Calumet farms Bull Lea,
winner of five important events
last year. and Mrs. w. Plunkctt
Stewards Pastcurized, winner OF
the Belmont Stakes.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-03-03
SEATTLE RAINIERS EXPECT
TO CAPTURE COAST PENNANT

Dick Gyselman, star third base
man, will be back. He hit .305 last
year. Eddie Taylor, first base
coach. is available for infield
utility
PITCHING SEEMS ADEQUATE
Seattle's pitching staff appears
adequate, although President Emil
G. Sick and Lelivelt would feel
more secure with another 20-game
winner. The staff includes Paul
Gregory, Dick Barrett, Clarence
Pickerel and Hal Turpin, holdover
right handlers; Bill Walker. south
paw who won II and lost II for
Sacramento last year. and Ed Sell
way, sent from Beaumont by De-
troit. Les Weber is rookie
holdover right handler.
Catcher Hal Spindel was
drafted by the ST. Louis
Browns. He was replaced by
Gilly Campbell, who hit .246
for Brook lyn. Campbell
showed class with Los An
geles few years ago. He
bats left h d e d. Morris
Hancken from Fort Worth
and Eddie Fernandez are
available, although Fernandez
may be used In the Outfield.
He is fast and can hit.
YoYung Edo Vanni, sophomore
right fielder, hit .3O1 last year
and showed signs OF brilliance. He
and Jo-Jo White from Detroit
should worry pitchers with their
base stealing Both hit left-handed.
Bill Lawrence appears a fixture in
center field He is a great fielder.
He hit .27l last year. Long Pants"
Mike Hunt. awkward and slow,
probably will do outfield utility
duty and pinch hitting Hes
usually good for 20 or more
homers.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-03-03
BY JAMES SHEEHY
United Press Staff Correspondent

u 1
Seattle scared the pants of Los
Angeles in bristling pennant
drive last year and Rainier Valley
fans confidently expect their Pa
cific Coast League baseball team
to win the flag this year. This
puts it up squarely to Manager
Jack Lelivelt, despite graduation
to Detroit of Rookie Pitcher Fred
Hutchinson. 25-game winner.
Lelivelt is enthused over his
rookie crop in spring training at
Anaheim. Cal, but doesn't antici-
pate coming up with another
Hutchinson He got five players
and cash from Detroit in the
Hutchinson deal. Perhaps they
will make his ball club,
Tony Piet. down from De-
froit to play second base, is
Lelivelt's current worry. Pet
contends ne will stay with his
Chicago automobile agency
unless he gets a major league
salary. II ne holds out, Leli-
welt may have the opportunity
to develop young Paul Nc
Ginnis, late of the University
of Oregon.
George Archie hit .312 for To-
ledo and will be the Rainiers' first
baseman He'll have to be good to
make the fans forget Lenny Cab
rielson. called back by the New
York Yankees to their Newark
farm. Alan Strange and his 245
batting average will play short
stop.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-03-03

centering his attention on prepar-
ing for his test with Erjavec.
Promoter Druxman has COM
pleted his all-star bill for next
Tuesday night. The card of six
matches follows: AL Hostak of
Seattle VS., Johnny Erjavcc of Chi
cago. 10 rounds Red" Bland of
Salt Lake City VS.. Al Penna of
Spokane, six rounds; Larry Sulli-
van of kalispel VS.. Dick Johnson
of Calgary. six rounds: Ernie
Washburn of Edmonds VS.. Billie
Mccain of Seattle, four rounds;
Alex Watson of Seattle VS.. Vern
McGraw of Edmonds, four rounds:
Tenny Talbot of Seattle VS.. George
Gilmet of Seattle. four rounds.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-03-03
Basketball League
to Wind Up Season

The Park Independent Basket.
ball league will wind up its sea
sons activity tonight with the frs;
and second half title holders play.
ing for the all-season champion
ship.
The two quints involved are the
Y. NJ. c. A. first half champs,
and the Old Kentucky Colonies,
second half titlists.
The game il scheduled for
o'clock on the Bellarmine
naples. the battle ground of
many a close fight in this
circuit.
Both teams are given an equal
break 10 win and a torrid cssaba
contest Is expected 10 rage from
the opening 10 the closing whistle
Spectators will be admitted with
out charge 10 tonight's champion
snip play-Off.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-03-03

Stolberg, Dave Glenn. Bob
McNay. Ralph Rasmussen,
Tom Hcadlee. Roy Murphy,
Marshall Turner. Dave Pow
els. Warren Holmes. Bob
Brown. Bob CoNach. Frank
GustaisOn, Barnett Nhittle-
srN. Phil Zaugg, Harry
Greenup.
SOPHOMORES
Earl Knutsen.- Warren King,
Bob Brady. Clarence Nelson Bob
Reynolds, Dwight Howell Leigh
Moody, Dave Shea. Jim Olsen. Del
Ogden. Ed GULL, Bill Ross. John
Bucsko, Marshall Adams. Jim
Kelby. Don Edling, Kenneth
Demorest, Fred Stolberg, Jack
Younger. Gerard Vendetti. Dick
Hunt, Richard Johnson, Bill Hop
ping, Barton Wood. Duane Henke,
Jim Tangors, Marc Abernethy,
Philip Myers, Benny Blair Jack
Fullinwider. Howard Simpson,
Perry Burkhart. George Funk, Ted
Gregg. Ronald Edling. Alvin Dam
ielson.
The tentative schedule follows
Centraha. Stadium, possibly
Bremerton at Stadium. April
Pacific Coast conference and
interscholastic meet. University Of
Washington. April and s.
Centrslia relays, Centralia,
April Is
Cross State relays. Everett,
April -
Aberdeen. olympia. Stadium tri-
angular meet at Stadium. April %.
Pennsylvania relays, Lincoln,
May 5.
Sophomore meet, Nav II
City meet at Stadium. Nav 10.
State meet, Pullman. May %.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-03-03
TIGER Swimmers
Trappers

Stadium crack swimming squad
will take on the Vancouver Trap
pers tomorrow afternoon at /
o'clock in the Stadium pool.
The Tigers now lead the West
ern Washington Swimming league
with five wins and one tie. This
is the second time that the two
schools have met this season with
the Bengals taking the Trapper
squad SO to Is in the first en-
counter.
Stadium il not expected TO
have a great deal of trouble
in downing the Vancouver
squad hut Coach Vincent ID.
Reyes, Tiger mentor. is going
to send strong team out to
face the Trapper outfit so As
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-03-03
TOP FLIGHT BOWLING TALENT IN VICTORY

The greatest array of bowling
talent ever TO seek high pin hon
ors in the City association tour
nament will compete this weekend
for the doubles and singles cham
pionships of the 1889 tournament.
Doubles and singles competition
will bring to a close the big pin
meet which started last week with
the staging OF the five-man
matches. the title IN that event
going to the powerful Pacific
Match team. composed of Joe Pas
nick, Bill Leftwich, Scotty Muir
dock, Paul Logan and Captain
Fred Wahlers.
More than 80 two-man
teams will battle for the dou-
bles championship. Secretary
Vance Mcclure has announced.
with more than 40 pinmen
going into battle for the
singles crown. Last year, there
were 65 doubles entries and
125 entered In the singles.
So large is the entry list for this
years tournament that some of
the pin stars will have to shoot
their matches at 4:30 O'Clock Sat-
urday afternoon. Another full
squad goes on the alleys at 8
O'Clock and others trek up to the
foul line every hour and a half
until midnight Saturday night.
UNTIL MIDNIGHT
Starting at II o'clock noon Sun
day. the bowling stars will crash
ball against tenpins until midnight
Sunday, when the 1899 winners
will be known. New squads Sun
day go on the alleys every 90
minutes, starting at noon.
There are many prize winning
places in the tournament, one
prize being given for every four
entries, assuring that the big prize
fund will be widely distributed.
In addition to the money
prizes. contributed by the
bOwlers In the form of entry
fees, there is long list of
merchandise awards that will
be given for various perform
ances. These fine prizes have
been donated to the bowlers by
lead ng Tacoma business
houses.
The merchandise prizes include
$40 prize for the high three
game total, So prize for the high
single game score, an electric
clock, a spotlight, a ham, an cleo
trio defroster, case of matches,
a camera, several good dinners. an
electric fan, 5-pound box of
candy, 10 gallons of gas, lubrica-
ton job and oil change, a bowling
bag wood scarf, broom. flash
light, and several merchandise
certificates.
MANY PRIZES
Donors of the many prizes
include: Tacoma Times, Ia
coma News Tribune. Broad
way alleys, Jimmy Radonich.
Steven Motor company. Car
stems Packing company. Carl
son \ McCallum, Caswcll OPP
teal company. Bud McCor-
mick, Cammarano Brothc =.
George Buscko. Triple y Bar
rel. Pacific Match COMPANY.
Moore's Service station. Little
Coffee Tavern. Shcrwin- VIII
iams. Hub Clothing COMPANY.
Jacks Griddle. Munson Motor
company. {. \. Coulter, Russ
Michaels Service station,
Mallon Motors, Washington
Hardware company, Porter
Cummings. Coast Brush COM
pany and Western Auto COM
pany.
The many prizes have been lined
up by committee. composed OF
Bill johnson and c. c. Collins
who will do all the figuring on
the scores to determine the vari-
Gus winners. The prizes, includ.
ing the Halfway House trophy
will be awarded at big meeting
just prior to the City league
matches next Wednesday night
President Bill Herdman has an
nounced.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-03-03
TO limit the possibility OF
spelling the Stadium record OF

10 iiIIilt tut poSsipihtN VI
spelling the Stadium record OF
no defeats.
Coach Reyes expects to swim
the following boys:
50-yard free style-Harry Hes
cox, Louis Formulas.
100-yard breast stroke-Captain
Earl Stuard, Jack Graham.
220-yard free style - Richard
Malott, Ralph Burnett.
100-yard back stroke Bob
Montgomery. Jack Bloomfield.
Diving - Dick Strinsky, Bliss
Croft.
Medley relay - Montgomery or
Bloomfield, Graham, Jimmy Diede-
rich.
200-yard relay-Paul Davis. Don
Mclean Bates Burnell, Bliss Croft.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-03-03

summer IN Sc
attic.
The first will
be the l0-round
attraction b c
tween Al Hos
tax, o r M c +
m / d d leweig ht
champion of the
W o + d a II d
Johnny f + a =
wee. C hi C a z o
lig h I heavy
weight, at the
CIR yst tai Pool
a Y q n a n Q X |
Tuesday night,
March Z.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-03-03
All But CinCh
10th City Title

CTADTUMS band of basketball Tigers had stranglehod
- on their 10th consecutive city championship today after
defeating Bearmine Lions, AZ 40 last night in the
West End gym Play especially clean. The Tiger
victory positive.
The victory assured the Benga of at least tie for the
Tacoma and the time erased the Bells from
he
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-03-03
COACH IN s6TH YEAR

EUGENE. Ore.-Col. Bill Hay
ward is starting his seth year as
coach of the University of Oregon
track and field team.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-03-03
Practice Shoot
Set For Sunday

A practice shoot will be held
Sunday at $50 o'clock by the Ia
coma Gun club. There will be
the usual program.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-03-03
"A tie provided California loses
one. II the Bears beat Stan
ford twice II won't make any
difference thai L. = q dnes

difference thai L. ). {. does.
California has won eight and
lost two; u. S. C.. seven and
three. The Bears have beaten
third place Stanford twice and
u. c. l.. A. holds the same num-
Der of wins this year over L. c.
l.. A.. which has lost its 10 con-
ference starts to date.
The series continues Satur-
day night on the same floors.
In addition Oregon State and
Washington State are meet
ing In "A Friday Saturday dou-
BILE header at Corvallis.
This week-end's program COM
pletes the conference schedules.
The northern winner will be host
to the southern champion In the
conference championships. The
champion of the conference will
represent the Pacific coast in the
semi-finals of the national tour
nament on Treasure island.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-03-03

Temple Meads station at Bris-
tol. England. is the largest COW
cred freight depot in the world.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-03-03
Druxnan Plans
Top Ring Bouts

Nate Druxman has mapped out
an ambitious campaign of top
notch fights for the spring and
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-03-03
DAVIS CUPPER AT TULANE
NEW ORLEANS Sheue Of

Shanghai. former No. player on
China's Davis Cup squad. Is a
member Of Tulsne's varsity tennis
team.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-03-03

Led by Matt Kapovich and Russ
Soper. sharpshooting forwards.
the Tigers won just about as they
pleased against the Bells last
night. The two boys. apparently
allergic to baskets shot from the
corners. accounted for 80 points
between them.
The Bells. spanked by Ray FL
orino. who rolled up total of 10
points during the game, matched
the Bengals, basket for basket
until midway in the third period.
Score at the quarter was l0-all
and 1922 Stadium at the half.
GRADUALLY STEP UP
Gradually, then. the Stadium
team stepped up its pace and the
Bells. although working valiantly.
could not keep up. Stadium was
In the van, 30 TO 81, at third
quarter time.
Three field goals by kapo-
vich. all aimed In his own ac-
curate one-handed way, plus
assorted baskets by Soper
and Center Bob Loftness,
combined to give the Tigers
1880 lead about halfway
along In the final period.
But the Bells rallied somewhat
In the closing minutes. reducing
their disadvantage TO seven points
at the final gun, mainly through
the efforts Of Clare Normille, Gen.
ter. and Fiorfno
Coach Johnny Heinrick's Stadi-
um Midgets walloped Bellarmine
Babes. 30 TO 13, in preliminary
tilt. although Heinrich was unable
to be on the sidclines. He was
refcreeing at Bothell. The Tigers
had already elinched their nth
straight city championship.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-03-03

Woodchucks made very inter
esting pets and are easily cared for.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-03-03

History Of the National Game
Told in Sketches by Art Krenz
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-03-03

Subs. Stadium. Donelson 90
Klarich 90 and Harvey. Bellarminc
O'Connell "a, and 0riewe.
The Tacoma times. [volume] (Tacoma, Wash.) 1903-1949, 1939-03-03

CITY PREP STANDINGS
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1939-07-06
AGRICULTURE:
Strange Feeling

Americas "dust bowl" lies rough.
ly in the Panhandles of Texas and
Oklahoma, eastern New Mexico and
Colorado, and western Kansas. In
1886, at the drouth's depth, some
100000 acres of once-valuable
grain and grazing land lost part of
its topsoil under ferocious winds that
brought no moisture.
Reclamation followed, featured
chiefly by conservation of rainfall
and fastening down" of the soil
with hardy vegetation. Thousands
of square miles were terraced and
cultivated in contour burrows that
held the moisture and stopped ero-
sion. BY this spring the $4,000, 900
elbow acres were reduced to
300, 900.
AS wind-weary farmers began
harvesting the summers crop, they
could look back on a prodigious job
well done. Whereas 1885 yielded
wheat crop of only 10000 bushels,
the dust bowls elevator men ex-
pect from 100000 to 25,O00,000
bushels when this seasons grain is
threshed.
Smiling, likewise, were drouth-
ridden farmers of northern plains
states Nebraska, North and South
D a k a, Wyoming, Montana).
Though their land was still quite
dry and this years prospects none
too good, they have felt something
unusual this S1Irnner-rain
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1939-07-06
NAVY:
Speedily

Fiscal years start July / means
new funds for new work in most
U. S. government departments. Big
gest appropriations for the 1939-40
fiscal year cover rearmament, and
before July has passed into history
the navy will be well under way
with three new jobs:
Bases. Costing SOS, OOO, 900 are IL
plane and submarine bases for
which congress has appropriated
$31 ,621 900 to handle the first years
work. Outlying bases will be at San
Juan, Puerto Rico; Kaneohe and
Pearl Harbor, Hawaii; Sitka and
Kodiak, Alaska; Midway island;
Johnston island and Palmyra island
in the western Pacific. Continental
bases will be at Pensacola and Jack
sonville, Fla, and Tongue Point,
Ore.
Ships. Early June found rs war
ships under construction, the pro-
gram running ahead of last year.
Meanwhile "a new ships are being
rushed, including two As, 000-ton "su-
per" battleships. All will be laid
down in 1910 and will cost about
$3.50, 900, 900.
Planes. Effective Immediately the
"speed-up" policy will be applied to
500 new airships, whose completion
during the 1939-40 fiscal year will
bring the navy's total to 2,132.
The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1939-07-06

Gratis point out that the new lending
plan provides 100000 to be
spent next year; with FHA's new
lending power ($8O0, ZOO, 0O0), with
the emergency relief appropriation
($1, 735, 000,0 00) and record agricul-
tural subsidies Isl ZOO, ZOO, 000) the
coming fiscal year will bring ex-
penditures of 81, 405. 900. 900 as pre-
Jude to the campaign and election.
However sincere the Presidents in
tentions for recovery, the political
connection is unacceptable and leads
many observers to believe Mr..
Roosevelt will positively seek third
term.
Finance. Fears of orthodox U. S.
financiers went unnoticed in the del
uge of political comment. Among
the fears:
q 1t was recalled that even Brain
truster Adolf Berle Jr., assistant
secretary of state, recently said
such lending methods must eventu-
ally lead to government absorption
of the country's most productive
plants.
q Mr.. Roosevelt's insistence that the
so-called "self liquidating' bonds be
taxable brought investigation which
revealed many projects are self
sustaining by so close margin that
to tax the bonds would make them
a losing investment.
q Loans to municipalities will be
blocked in many cases by local laws
and state regulations covering mu-
nicipal Indebtedness. Most large cit
les, moreover, have already reached
their debt limit.
q Since the Johnson act forbids new
loans to nations already indebted to
the U. S., only South America and
Scandinavian countries could use the
$500, 100000 trade boosting loan.
Financiers fear a loss here, since
there is no method to force collec-
ton short of war.
q Leasing of equipment to rail-
roads would, it is alleged, be an un-
satisfactory substitute for the RENE
dial legislation necessary to place
u. S. carriers back on their feet.
Restoration of rail prosperity is re-
garded as far preferable.