davidaulloa/AmericanStories huggingface dataset:
Evening star., 1940-02-15
'0versiaienlenf' Seen
In Realty Deals Of
Life Insurance Firms
S. (. G. Adviser
Reveals Differences
In Monopoly Probe

A Securities and Exchange Com
mission stan member told the Mo-
nopoly Committee yesterday that in
many cases the manner in which
leading life insurance companies
carried real estate investments on
their books appeared to be an "over-
statement"
Ernest Howe. s. e. G. financial
adviser, made this comment while
analyzing the operating results and
Investments of the Nations 26
largest legal reserve life insurance
companies.
I'm spite of the fact that bonds in
default are carried at market" Mr.
Howe testified, mo similar provision
Is made for mortgages =. The
question as to whether 1t is conserva-
tive policy to carry these MORTGAGES
(where interest Is delinquent) In the
balance sheet at their full unpaid
principal amount Is one which merits
serious consideration.
Cites Differences.
"Since the valuation of real estate
Is left almost completely to the dis
cretlon OF the management It is not
surprising to find great differences
among the companies In standards
adopted for valuation and in many
cases an overstatement appears to
exist"
Valuations of foreclosed real es-
tate, Mr.. Howe said, ranged on the
books Of different companies from
1911 per cent of the mortgage
amount to 120.6e per cent. City real
estate was carried at values from
5.8 times gross income to 1928 times
gross income.
"One of the important forms in
which overstatement of income has
occurred in few companies is the
form Of capitalization of accrued
and uncollected interest income on
mortgages" he declared.
Meanwhile, in letter to Col. G. B.
Robbins, manager of the American
Life Convention, Chicago, Chairman
OMahoney, Democrat, Of Wyoming
reiterated previous assertions that
the committee has taken no action
and has not given consideration as
yet to any recommendations with
respect to regulation of insurance
companies.
OMahoney Asked Exceptions.
Senator O'Mahoney wrote Mr..
Robbins to take exception to state
ments in a bulletin Of the life con-
vention, which contained comments
on an earlier letter by Senator
OMahoney on the same subject.
mo recommendations or sugges-
tions with respect to life insurance
have ever been discussed, either
formally or informally, at any meet
ing of this committee or of the Sc
curities and Exchange Commission,
Senator OMahoney wrote in COM
menting on q press report quoted in
the Robbins circular.
THAT you have chosen rather to
place the authority Of your ONCE
and Of the American Life Conven-
ton behind the circulation Of a prsss
report, frankly, seems rather amAz-'
ing to me, for instead Of arousing
the fears Of persons associated with
the insurance industry you could
easily have helped to alleviate
them" ,
Evening star., 1940-02-15
Dies
CONTINUED From First Pare )

reaus 10 ~ ITO obtain q medium Of
propaganda."
Il don't think that will be very
popular, either" he observed, add
ing that he expected the biggest
fight on the committee to come from
Hollywood.
"They-the Aim producers-are
undertaking to ridicule the investi.
cation Of their industry" he said.
The movie industry has turned
heaven and earth to stop us. They've
got the highest priced publicity
service In the world.
They've q lot OF political infiu-
Evening star., 1940-02-15
Secrecy Surrounds
Plans Of Roosevelt
ea-Going Vacation
Nays Curibbson
Exercises Linked to
Fishing Trip
~ the Assoei atsl Prsss,

~ the AssesiatsA Prsss.
ABOARD ROOSEVELT TRAIN,
I'm ROUTE TO PENSACOLA, Fla.,
Feb. 16.-Presidsnt Roosevelt swung
into the Deep South today. heading
for : Seagoing vacation on 4 Navy
cruiser whose sailing orders were %
secret ~ Il she were on Z war r,is-
sion.
The Presidents immediate desti-
nation was Pensacola, Fla, where
the cruiser Tuscaloosa stood by to
pipe him on board and nose out into
the Gull Of Mexico.
Reporters accompanying the Presi-
dent hoped to get at least hint Of
the cruise plans ut = press confer
ence during the day. Mr.. Roosevelt
agreed to see them before leaving
the special train on which he left
Washington yesterday.
The only well-established facts
about the voyage were that 1t would
last about 10 days and that Mr..
Roosevelt wanted to get In some
flshing.
Secrecy Unprecedented.
As far as ofncial announcements
were concerned, it was Just another
Of the Presidents annual Southern
fishing trips.
But never before has such secrecy
been thrown around one Of Mr..
Roosevelt's journeys. That fact gave
rise to conjectures whether fishing
was primary objective Of the trip,
particularly since there have been
some Navy training and landing
exercises In the Caribbean.
One reason advanced for the
secrecy was that 1t WAS desired to
mask presidential movements in
waters where Mr.. Roosevelt reported
the sighting Of foreign submarines
last fall.
While the cruise was intended to
give the President 4 measure OF tso.
lation, the Nays radio system was
ready to keep him apprised Of any
important developments 1t home or
abroad. White House ofI,cials added
that the vacation could be ended ut
any time, II need be. -e
Two Escort Vessels.
They recalled that the President
Cancelled part Of = cruise on the
Tuscaloosa last August to hasten
back to Washington in the critical
days before war began In Europe.
Although only one destroyer, the
Lang. was assigned to the Tusca-
loosa as an escort ship last summer.
the Lang and the destroyer Jouett
were selected ~ escorts for the pres
ent trip.
The chance that Mr.. Roosevelt
might take the opportunity to sail
out into the zones Of the American
neutrality patrol. or perhaps look in
on fleet and landing exercises, pro.
voked speculation among persons In.
terested In international affairs.
Twenty-Five naval vessels left
Guantanamo, Cuba, three weeks ago
onsa cruise. described as routine,
to Venezuelan ports and some Of thu
Netherland West Indies. severaa1
thousand sailors and marines were
ordered, however, to engage in land>
ing exercises ut CulebrA Island, near
Puerto Rico. -
Navy officials would not say whexh-
er the landing exercises or training
cruise still were in progress or
whether Mr.. Roosevelt would be able
to witness them, II he chose.
Another possibility which pro-
voked speculation was that the
cruise might extend Is far as the
Mexican and Central American
coasts. Mr.. Roosevelt recently urged
that Americans desiring to travel
investigate the opportunities in
Latin America.
Drive With wn,nr rse s1~v~ vs ,,uS>.
Evening star., 1940-02-15

ence. I think they're going to start
one Of the darnedest campaigns OF
ridicule you ever saw.
Il think they're going to make a
picture of the committee" Mr.. Dies
declared that Hollywood and the
Evening star., 1940-02-15
Dr.. Boyd Switzer Dies

sTAUNTON, Va, Feb. Is R.-
Dr.. Boyd Valentine switzer, SO,
prominent retired Methodist min
lister, died at his home here last
night. He had been in failing
health for some months.
Evening star., 1940-02-15

Between 20 and 80 were the dam
serous eges for District drivers last
year. Twenty-eisht deaths in the
1893 tranic toll involved automobile
drivers between those ages.
Evening star., 1940-02-15
Sloane Dies

NORFOLK, Va, Feb. 10 R-,
William Sloane, II, president Of
William Sloane d Co., Inc, oper.
ators Of several knitting mills In
the Norfolk Portsmouth area, died
1t his home here yesterday.
Evening star., 1940-02-15

MOVIE MNDED-Chairman Dies Of the House Committee on
Activities relaxes shortly before leaving his train
ut Union Station today all recommend congressional
expose Of Hollywood Mr. Dies to the Capital after
tWo-nonth illness at his Texas home. A. p. Photo
The Waterbury Democrat., 1940-10-07
VICTORY BANQUET
 FOR AVICLIANESE
Trophies, Gold Baseballs Presented to Italian-
 American Champs

The Aviglianese Athletic Club held its third annual victory dinner dance at Waverly Inn Saturday evening. President Peter DiLeo of the Italian American Baseball League presented the William T. Harrington trophy to the clubs team. The trophy, which was of- fered three years ago, now becomes the permanent possession of the AviglianeSe. In appreciation of the teams splendid work the Aviglia- nese society presented the team with a special silver award. Each mem- Der of the team was the recipient of a gold baseball. Manager Dom- enic Accousti accepted the trophies on behalf of the team. Anthony Romaniello ofhciated as toastmaster
 About seventy couples attended the affair. Among the guests of the evening were:
 MT. and Mrs. Peter DiLeo, MT. and Mrs. Joseph Santoro, MT. and Mrs. Charles Romaniello, MT. and Mrs. John Asetta, MT. and Mrs. Louis Rinaldi, Dr. J. Louis Santoro, MT. and Mrs. Domenic Guererra, MT. and Mrs. Henry CipSiano and James Petronis.
 Bart Martinelli, president of the athletic club, was chairman of the arrangements committee, assisted by Anthony Romaniello, Domenic Accousti, Leonard Santoro and Sal- vatore Yannielh.
The Waterbury Democrat., 1940-10-07

who pray for a return to the ideals of Christianity.
 Speaking to the First Baptist church congregation. Mir. Brauer, former Mayor of AItona, Germany, World War veteran, and world traveller since expulsion from the Reich, declared that although op- precision of the Jewshas been wide spread, German concentration camps are really peopled mostly by non-Jews.
 Mir. Brauer prediced that the present dictatorship which he term ed ''barbarian band" will run its course and that the world will re- turn to democratic government based on the principles of Christ. The great hope of the world is America, the speaker said, and he called on the American people mot to fail now"
 Mentioning the refugee problem, MT. Brauer urged help to political outcasts from Germany and France, declaring that by easing their entry
The Waterbury Democrat., 1940-10-07

We are part of Americass govern ment and responsible to it as 1t is responsible to us. Our responsibility begins in our town and county cleo tions and goes on to our State and Federal elections. We have the right to be heard, we have the right to act. Only our own apathy and care lessness can give us bad govern ment.
 will we forget that this govern ment is ours to make or spoil? VIII we forget that in our own hands lies our welfare and the welfare of those who shall come after us? And will we forget that the time to think .. to speak to act is NcW2
 The answer, MT. and Mrs. Amer lea, is ours to make.
 It is NOl
 The United States cannot be
 compared to any other country,
 past or present; 1t is something
 new in the world, writes Stuart
 Chase in the next article of this
 series on "Our Country"
The Waterbury Democrat., 1940-10-07

give up freedom of assembly?
 NO!
 Do we want to give up freedom of religious worship?
 NO!
 Do we want to give up freedom of the press?
 NO!
 Beside these basic freedoms we have our long established form of government, which has three branches, executive, legislative and judicial, acting as check and bal- ance to extreme power in any one. Do we want to give up govern ment which combines executive, leg islative and judicial powers, work ing together comparatively?
 MOI
 We have a two-party system, which ensures each citizen the right to express his will by ballot as to the persons who shall govern him.
 Do we want to give up this two- party system, guaranteeing our per- sonal participation in our govern ment?
 NO!
 Do we want to endow any branch or individual in our government with exceptional authority which would parallel dictatorship?
 NO!
 Do we want to submit to super taxation which can be used against the will of the majority of the peo- pie?
 NO!
 De we want rulers with power to make war, conscript citizens, seize property, crush opposition with fines ard prison sentences, and set their will above our law-as in the totali- tarian states today?
 NO!
 Do we want America to be any thing but free and strong and for- ward looking, offering her people constant opportunity for decent liv- ing, and national peace to give this living stability and performance?
 NO!
 MT. and Mrs. America, we, you and I and all of us, are the people!
The Waterbury Democrat., 1940-10-07
DICK STABLE AT
 | ARENA NEXT WEEK
Popular Saxaphone Artist in Double Bill Next Sun=
 day Afternoon

Another in the increasingly pop ular fall series of -Four Star" swingsations will be presented at the New Haven Arena on next Sunday afternoon and evening, with a va riety program listed which will ap- peal to every type of music lover. Dick Stabile, romantic young wizard of the saxaphone, brings his famous orchestra to the Arena as one unit of this great show. Lovely Shirley Gaye is the featured vocalist with the Stabile aggregation.
 Reggie Childs and his famous band, coming direct from the Rus tic Cabin, will also appear on the same show, featuring the charming Lucille Doran as Soloist.
 Major Bowes' entire unit will ap- pear on the super-stage-show bringing this famous group to New Haven for the first time. And, as an extra added attraction, the Arena has secured Helen Morgan, worlds greatest blues singer. Musi- cal comedies. motion pictures, night clubs and radio have starred her. Helen is the "tops" in her field.
The Waterbury Democrat., 1940-10-07
LITTLE MISHAP; SEVERE
 INJURIES

Ocean City, N. J. CUP) - Henry Hoffman, parking lot attendant. caught his finger in 8 car door. But that didn't hurt him so much-it was the aftermaths. Hoffman faint ed when he attempted to pull his finger from the door and struck his head on an automobile and then on the pavement when he fell He suf- fered a concussion and severe face cut.
The Waterbury Democrat., 1940-10-07
FOREMEN'S CLUB
 IN FALL MEETING

The Industrial Foremen's club will open It's fall meeting at the Central Y. M. c. A. Monday evening Oct. i4 with Professor Andre Schenker, widely known radio commentator as guest speaker. Prof. 9chenker, a member of the University of Connec- ticut faculty. will discuss "The United States and the War. A ques- ton and answer session and sound motion pictures win follow the talk
 n. W0sloy Leavenworth, president of the group will be in charge 0l the evening sossion. Secretary Ar. thur L. purlnton viii make thl senfong announcements.
 Resumption of the Industrial mall
The Waterbury Democrat., 1940-10-07
Holy Name Society In
 Annual "45" Tourney
Formal Opening Scheduled for Monday Evening Oct.
 14-Women's Bowling League Organizing
WASHINGTON HILL
Correspondent: Mrs. Frank MeGrath Telephone 4659O

The annual forty-five card tour- nament of the St. Francis Xavier Holy Name society will start one week from tonight at the parish hall. It was originally planned to start the card playing tonight but Edward Goggins president of the society announced today that the annual event of the society would commence next woke.
The Waterbury Democrat., 1940-10-07

oAA AAAo AAOWlCOSC O1 1Odu WOIA.
 Years ago, when politics was a game with no holds barred, the Republicans in this township paid for the adverstising of a caucus of the Democratic Party. A can- didate who is now running for a seat in the Congress of the United States was in charge of the local correspondents and a checkup proved that the Southbury news person was at fault. The error was corrected.
 Looking over the list of candi- dates for the school board, one misses the name of men like Frank Evarts. MT. Evarts raised fine peaches on Squaw Rock and kept his finger on the pulse of the com- munity and on educational mat ters. During his term of office, South Britain School always had a good looking teacher, and bright pupils who were amply provided with chalk, pencils, and text books.
 When the first train steamed over the Highland Division through South Britain and South bury, our own Bill Smith was a brakeman and the town turned out to welcome him and cheer the improved transportation facility. Bill Smith lived in Southford. He was lover of good cider, fast horses, and coon dogs that could follow a cold trail. Bill never went through this section without a cheery wave to the kids along the way.
 Elections are not what they used to be. Years ago, when almost an unlimited number of votes could be purchased for as low as two dollars a head, our political lead- CTS developed method of finding out whether or not their constitu- ents were voting as ordered. Be- side the Town Hall window that lighted the voting booth, a look out stood on a block of wood and kept his eyes peeled. If a hired man put a cross in the wrong circle, he usually had to pack up and seek work elsewhere after the report was turned in. People were quite meticulous about their vot- ing those days.
 We note with pleasure that Mrs. William R. Brinley is now writing the Southbury news for the Waterbury Republican. News from the other side of the hill will now be managed with effi- ciency and genuine accuracy. Mrs. BFinkley is the window of Bill Brlnley, former tax collector, con- stable, and one-time commander of Newton Post, v. F. w.
 Democratic Town Chairman 0ergory Cassidy Is to be congra- tlilated In sbringing to South Britain tho caucus of all Demo- Crala in the iTth Senatorial Dls- trict. South Britain K certainly on the map and the fact that the Democratic party SO recognizes the fact is comforting to eli loyal Democrats in this region.
 Dob Chase came to lhe village On "Wednesday evening with a ! better beard than we've seer
The Waterbury Democrat., 1940-10-07

here Americans could 11Pt E z. world ~the cream cl German se..4. tidc life.r
 The service was sponsored 1y t5e Waterbury Council ol ChNcn&1. ~ collection vas taken for the Amer ican Committee for Christian rsfu< gees.
The Waterbury Democrat., 1940-10-07

graveyard. His residence over looks the placid waters of Lake Zoar, his lands are in good heart, and his stock is fat and rugged. We all hope that Will 1ia m Schielke comes through on Monday. We can use a lot more men with his character
The Waterbury Democrat., 1940-10-07
POOR DIET CAUSES DISEASE

About 100000 Americans suffer from pellagra, a disease appar- ently caused by poor dies lacking milk, eggs, liver, greens and fruit juices.
The Waterbury Democrat., 1940-10-07
!. SOUTH BRITAIN
 BRIEFS
By BILL GARR1GUs

On the list of candidates printed on our paper ballots, we note the name of William Schielke, the toughest old-timer in this town.
 MT. Schielke is one of the few men in this area who owns a
The Waterbury Democrat., 1940-10-07

selection There fore let us ask ourselves s om e plain questions.
 We have four basic freedoms here, freedom of speech, freedom of asse m b ly, freedom of re- ligious worship and freedom of the press.
 Do we want to give up freedom of speech?
 NOl
 nn me uyant fn
The Waterbury Democrat., 1940-10-07
-FOUR COUN TRY
We Must Learn to Say NO To Some Questions About America Sophie Kerr

Thirteenth of 24 articles on ~Our County, written exclusively for NEA Service and The Waterbury Democrat by the nations most famous authors.
The Waterbury Democrat., 1940-10-07
Community Club

The regular meeting of the Wash ing Park Community club is called for Tuesday evening, October 8, at 8:15 o'clock. A large delegation is expected will attend the aldermanic meeting tonight. MT. .Dzck, chair man of the rubbish removal con- mittee would like as many members of Washington Park club as can do so to be at this meeting to hear what report the aldermen make on this subject.
The Waterbury Democrat., 1940-10-07

grown at Squaw Rock these many years. The Lone Ranger tried to have Bob made . voter, but it seems the old-time educational system on Short Wood Brook was about on par with cur present facilities ln seuthbuFy. Bob didn't make the grade when they ilashed the statute beck on him and oF- dered, "Reaa therel" tdr. Chase may be Q little slew on book. learning, but he can work any man we've ever known Into the ground and he ean whip twice hlE weight ln wilfoslsI
The Waterbury Democrat., 1940-10-07
6-e Battle

A very interesting baseball game was played at the Washington Park diamond, yesterday afternon be- tween the two clored teams, the Eureka Stars of Waterbury and. the Virginia Black Sox f Brooklyn, N. Y. The game was well played and was called of on account of dark ness, score at that time was 6 to 6. The catcher of the Waterbury team was injured about the middle of the game, being hit by 8 pitcher ball and had to be taken of the field and received medical attention. He was e great loss to the local team, being their star catcher and his absence from the game was quickly detected by the fans. They had 6 great following of colored people. old and young. from all over the state and seemed to be very
The Waterbury Democrat., 1940-10-07
Women's League

Mrs. John Hayes. president of the Women's Bowling league, is calling a meeting of those women interest," ed in bowling, at the Community House, Tuesday evening, at 7:30. Mrs. Hayes asks that former mem bers who wish to bowl, if unable to attend this meeting. to kindly send in their names as the league will be formed Tuesday night. The bowl alleys at the Community House will be opened October IA and from all reports will be in tip-top shape and in better condition than ever.
The Waterbury Democrat., 1940-10-07
President

The society will receive commun- ion in a body at the 7:S0 o'clock mass next Sunday. The first meet ing of the fall and winter season will also be held next Sunday eve ming in the parish hall.
The Waterbury Democrat., 1940-10-07
Personals

happy and congenial crowd. They all had a good time.
The Waterbury Democrat., 1940-10-07

Mrs. Richard Linehan has re- turned to her home in Brooklyn, N. Y, having spent the weekend with her brother and sister-in-law, MT. and Mrs. William Blacker of Sylvan avenue.
The Waterbury Democrat., 1940-10-07
BY SOPHIE KERR

BI bUFdAE AEHN Author Se 'Big-Hearted Herbert" ?, ssThere's Only One" Fine to
 Look At," etc.
 MT. and Mrs. America, to make up our minds about what we want in this country, we must also make up our minds about what we don't want. To discard is the first step in
The Waterbury Democrat., 1940-10-07
GERMAN PEOPLE
 PRAY FOR PEACE
Rule of 'Barbarians' to End, Predicts Max Brau-
 CT in Address Here

Max Brauer, German refugee, said here last night that there are really two Germanys-one dominated by the Nazi government, the other composed of peace-loving people
The Waterbury Democrat., 1940-10-07

Bernard Coyle Of Sylvan avenue is a patient at St. Mary,s hospital. MT. Coyle is a local fireman and is stationed at headquarters. All of his friends hope he will be around with them in short time.
The Waterbury Democrat., 1940-10-07

chorus, which was organized last winter, is planned soon. The chorus had successful first-year program, ending with a concert last spring.
The Waterbury Democrat., 1940-10-07

A large delegation from the Hill took part in the congressional con- vention for J. Joseph Smith, at Tor rington, Saturday afternoon.
The Waterbury Democrat., 1940-10-07

Bob Chase came to lhe village On "Wednesday evening with a better beard than we've seen
The Waterbury Democrat., 1940-10-07

MT. and Mrs. America, we, you and I and all of us, are the people!
The Nome nugget., 1940-06-07
GRAVES OF 8 PIONEERS FOUND ON CAMPUS

LARAMIE, Wyo. - Workmen on the University of Wyoming campus, digging excavations for new building uncovered three graves of pioneers who were bur jed more than half century ago.
 Then their shovels struck a fourth coffin. Before a dozen more spades of cath were turned a crowd of over 200 was watch ing.
 Gently the Worhmen scraped away the soil from the rotting boards.
 Suddenly the decrepit lid lifted Out stepped a masked figure, clad in black coat, heavy boots and brown fur cap. On his back was this sign:
 i've waited 50 years for the Varsity Show"
 Cops unsnarled the traffic jam and learned it was a publicity gag for a show the seniors were staging.
 The corpse" had been planted a half hour before the workmen "discovered' it.