davidaulloa/AmericanStories huggingface dataset:
Evening star., 1940-06-04
Defense Emergency
Turns Attention 10
Business Needs
Theorizin9 Put Aside
As Nation GroppIes
With Realities
BY ]. G. DONLEY.

released by Consolidated News Features)
NEW YORK, June At has
taken the threat of involvement in
war to bring this Nation back to
its senses. 1t has required a de-
Tense emergency to bring the real
ization that the time has come to
put an end to theorizing and get
down to business in the only way
we know how.
The arguments for the American
system of private enterprise, cease
less invention and an unending
fiow of new capital, new machines
and new products to create and
meet the rising needs of a grow
ing population are no stronger than
they were a few weeks ago. What
has happened is that a change in
the Nations entire outlook has
spotlighted these arguments in
way to leave no room for doubt
Before the United States faced
the threat of possible aggression
we were in the position of being
in industrial and commercial COM
petition with other nations of the
world The threat is still one of
competition, but it Is the life-and-
death competition" between the
machines and the mechanizations
of war and conquest.
Issues Clarified.
In a world at peace the most we
had to fear, If we listened to the
theorists and gave up our struggle
to keep in the lead with new inven-
tions and new machines, was that
the moment We stopped thinking
and doing new things we would
turn over to other nations the op-
portunities for work and for COM
merce. If we did that the workers
of competitive nations would have
jobs while we would simply be
creating unemployment for ours
But emergencies are great clari-
fiers of issues. Things that are
worth while have way of gaining
stature in times of crisis. Now,
with the balance of world power in
a state of flux. everybody under
stands that without adequate ma
chimes and productive capacity for
the manufacture of munitions of
war the United States would have
little chance In that form of COM
petition now under way in Europe.
Everybody understands now that our
inventors, researchers, chemists and
machine designers have got to put
in full time thinking and doing new
things lest We lose not our COM
merce and our position in world
trade but our very right to exist
ence.
Lean Years Cited.
Fundamental in war as in peace
is our iron and steel industry. For
years, while theories have -four
ished. it has been permitted barely
to earn living. Perhaps now
there will be less opposition to the
general proposition that to keep its
plants up-to-date and capable Of
producing the basic material for
the production of war machines, the
steel industry should be permitted
to earn living profit in order that
1t may plow some earnings back
into property.
1t is difficult to believe that
nation could be so short-sighted as
to starve a fundamental industry
But that is what has happened to
the steel industry-and other in
dustries, as well-during the past
several years.
The following table shows what
has happened to the steel industry
1t is based on figures compiled by
the American Iron e. Steel Insti-
Evening star., 1940-06-04
Maryland tobacco Sales
And Receipts Decline
Special Dispatch to The Star.

Special Dispatch to The Star.
BALTIMORE, June 4.-Both re-
ceipts and sales of Maryland to-
bacco at the Baltimore market de-
creased during the last week. Prices
continued about steady. Most Of
the recent offerings were common
and medium grades.
Receipts for the week were 1888
hogsheads, decrease of 286 hogs
heads from the previous week. Sales
totaled $50 hogsheads. a decrease OF
339. The present stock in ware
houses is 1895 hogsheads. There
were no receipts or sales of Ohio
tobacco during the week, the ware
house stock remaining at "a hogs
heads.
Quotations on Maryland tobacco
are as follows:
Maryland firm leaf-Nondescript,
pound, 4haa5; dull and greenish,
sails; sound to good common. 8a25;
short to medium bright, 22a23: good
to fine red or bright, 34a38.
Seconds-Common, 5al0; medium,
l0a20: good to fine, 2la35.
Badly mixed hogsheads from 200
to 500 per 100 pounds lower.
Evening star., 1940-06-04
West Virginia Wool Pool
Prices at 3-Yeor High
Special Dispatch to The Star.

Special Dispatch to The Star.
MARTINSBURG, w. Va, June 4.
The 155 farmers of Berkeley and
Jefferson Counties cooperating in
the annual West Virginia wool pool
will receive the highest prices for
the f1eeces of any year for the past
three, directors of the West Vir-
einia Wool Marketing Association
announced today.
The K. W. Merriner Co. of Boston,
Mass. bought the wool with high
bid of 367S cents per pound for
clear medium, 3178 cents per pound
for rejects and 10 cents a pound
for tags
Fleeces from Berkeley and Jeffer-
son Counties were to be delivered
at Bardane today and tomorrow. A
total of 608l is scheduled to be
turned in here, r. K. Cross mana
ger, and Franklin Clapham, assis-
tant manager, announced.
The State pool, estimated at ap-
proximately 350,000 pounds, is ex-
pected to bring about $l22,500.
Evening star., 1940-06-04
Cities Service Hearing
Is Postponed for Week
By the Associsted Press

BY the Associated Press
A scheduled hearing on the Cities
Service Light & Power Co.'S inte-
grafton plan was postponed yester-
day by the Securities and Exchange
Commission until next week
Representatives of the company,
who requested the postponement,
indicated they would be prepared
then to proceed with hearings, and
would not ask, as have some other
holding companies, chance to look
first at the commissions ideas of
how their companies ought to be
integrated. Integration has been
ordered under the 1885 Utility Hold
ing Company Act.
Permission to examine tentative
commission plans was granted ear
lier yesterday to the Commonwealth
& Southern Corp. and the En-
gineers Public Service CO.
Evening star., 1940-06-04
i. 5. Gold Imports
Are Cut 10 Half
OF Previous Week
British Empire Listed
As Largest Shipper
Of Precious Metal
BY the Associated Press.

BY the Associated Press.
Gold imports dropped to S76.497.-
094 in the week ended May %, less
than half the amount of the pre-
ceding week.
Gold imports have fuctuated
sharply in recent weeks. usually de-
pending on the amount of metal
shipped by the British Empire in
any one week.
The British Empire has been con-
sistently the major gold shipper
since the war, contributing $l2441,-
$50 last week from the United King
dom. $50 .e59, ,635 from Canada, s4.-
738.470 from South Africa and
smaller amounts from other parts
of the empire.
Only other shipments of impor-
tance in the week were 81. $4,000
from Spain and sl,649,385 from
Switzerland.
Part of the incoming gold was
added to foreign gold earmark de-
posits in the Federal Reserve banks
and the net total of these deposits
increased s12,210,714 to a total of
approximately s12S7, 100000
Silver imports also declined
slightly to s1.1l4,664, including sl1S,-
946 from Canada and S5S7 ,8O6 from
Mexico.
Export totals were s3,228 of gold
and $91,8l6 of silver.
Evening star., 1940-06-04
British Seek Speed
In Obtaining Steel
From United States
Buying Will Probably
Be Concentrated in
Finished Product
RI the Associated Press.

Ey the Associated Press.
LONDON, June 4-Harold Nc
MILAN. parliamentary undersecre-
tary for the ministry of supply. said
today the problem of obtaining in
creased supplies Of steel from the
United States and the dominions
was receiving urgent and special
attention" of the British govern
ment.
He said details of the discussions
could not be disclosed.
NEW YORK. June 4 lPl.-British
and French steel buying in the
United States probably will be con-
centrated more heavily in finished
products to speed allied arms output,
steel sources said today.
They noted the statement of a
British ministry of supply official
that special attention" was being
given the purchase of steel here.
With the important Belgian metal
industry in German hands and in
dustrial areas of Northern France
invaded, it was said, the Allies must
rely upon the United States for a
larger share of imported steel re-
Quirements.
Much of the British buying in this
country, steel men noted, has CEN
tered on ingots and pig iron to be
made into finished products by home
mills. But the urge for speed and
loss of mills in the invaded areas, it
was added. may divert the buying
toward shapes, bars, rolled and
other finished products which can be
turned into war equipment quickly.
A recent trade estimate that Allied
steel buying in the United States for
the year would approximate a mill
lion tons may have to be revised
upward in light of latest war de-
velopments a steel executive de-
clared
Evening star., 1940-06-04
II Objections Are Filed
To Missouri Pacific Plan
b. the Associated Press,

ST. LOUIS. June 4-Seventeen
petitions objecting to the Interstate
Commerce Commission plan of re-
organization for the Missouri-Pacific
Lines today were on file in Federal
Judge George Fl Moole's court Yes
terday was the last day for filing
such objections.
There also was one Endorsement,
the Reconstruction Finance Corp.
approving the plan because of the
desirability, in the public interest,
of getting railroads out of bank
ruptcy." The R F. c. holds S3l.-
5000 in Mopac notes and COL
lateral.
The plan. drawn by the I. C. c.
after hearings, would reduce the
capitalization of the railroad from
$671 .205 664 to $500 047o,9 900 The /.
c. c. found no equity remained
to holders of present preferred and
common stocks and ruled they were
not entitled to participate in the re-
organization.
Evening star., 1940-06-04
Stockholders File Protest
On Northwestern Plan
AZ tho Assoriatsd prssx

By the Associated Press.
CHICAGO, June 4-Committees
representing stockholders as we'll as
various mortgages filed objections in
Federal court yesterday to the Inter-
state Commerce Commissions plan
for reorganization Of the Chicago
and Northwestern Railroad.
The plan. pending before Federal
Judge John P. Barnes for approval
or disapproval, provides that neither
common nor preferred stockholders
would participate in the reorgan-
ization of the company under sec
ton II of the amended bankruptcy
law
The Reconstruction Finance Corp.
to which the railroad owes S49. 1874
905. also filed a statement which
conceded that the I. C. C. plan is
rot perfect" The r. F.. c. advised
however, that the plan be approved
speedily so the company can be
taken out Of bankruptcy as soon as
possible. Hearings on the plan are
scheduled to begin June 10.
Evening star., 1940-06-04

tute to show where. on the average,
for the industry, every dollar treS i
ceived went last year, with COM
parsons for 1929: 80
1.. 1lase asse',
Pay rolls 81 ss'5
Materials and all other
Depletion and depreciation 55 IS :
Left in business - 3
Dividends 25 IS
The steel industry is only an
Illustration. The principle involved
is whether industry is to be per-
mitted to flourish and grow by
earning enough to plow something
back into the business and to at
tract new capital as it is needed.
Whatever the industry is, it is a
sorry showing when the returns on,
equity capital invested and the
proportion of each dollar taken in
which can be left In the business
are cut as severely as the table
above indicates. at a time when
costs are steadily rising.
Evening star., 1940-06-04
Bank Loans Show
Declines for Second
Consecutive Week
New York Institutions
Account for $4,000 900
OF 1000, 900 Drop
BY the Associated Press

BY the Associated Press.
Commercial, industrial and agri-
cultural loans Of banks declined for
the second consecutive week in the
seven days ended may 20.
The Federal Reserve Board said
these loans in banks Of 101 cities
declined $27,000,000 to a total Of
N,367 900, 900. Although similar loans
declined 100000 900 in the preceding
week, the total for the 1O1 cities still
was $545 900, 900 ahead of year ago.
In the week ended May 20 New
York banks accounted for 5000, 900
OF the decline.
The boards statement gave the
following summary OF assets and
liabilities on May 29 together with
changes for the week and with the
same week last year. in millions of
dollars:
Evening star., 1940-06-04
Golfers Are Thanked
For Ambulance Unit
BY the Associated Press.

-
NEW YORK, June Paul Rey-.
maud, Premier of France, yesterday
cabled his sincere gratitude" to the
Coli Association of the New York
Stock Exchange for donation of a
completely equipped ambulance unit
to the American Volunteer Ambu-
lance Corps with the French Army.
At the same time announcement
was made the organization already
had received sufficient subscriptions
to furnish another unit. The am
balances will 60 abroad July IL.
Evening star., 1940-06-04
Lockheed Sales
Show Gain of
ia Per Cent
BY the Associated Press.

BY the Associated Press.
NEW YORK, June 4.-Lockheed
Aircraft Corp. reported today sales
for the four months ended April 80
jumped to $12,556,s4s from 5,se7, TIT
In the comparable 1899 period, gain
of ia per cent.
Actual deliveries of airplanes in
the four months increased 10 per
cent over the like 1889 period. Back
log Of orders as Of May Is totaled
Sill ,237 900, or more than double
$43,953. 725 at the start Of the year.
Evening star., 1940-06-04
Colt Will Lease
SPACE to Make
Machine Guns
Y the Associated Press.

BY the ASSOCIaIeu PTeSS.
NEW YORK, June 4.-Colt's Pat
ent Firearms Manufacturing Co.
plans to release abou, 100000 square
feet of factory space for machine
gun and other arms production, it
was announced today
The gun makers. starting July /
will move the electrical division from
the main plant to space leased in
the most modern unit of the Hart
ford rubber works division of the
United States Rubber Co., which has
been unused in recent years.
Evening star., 1940-06-04
Eastern Steamship Lines
0mits 81 Dividend
By the Associated Press

By the Associated Press.
BOSTON, June 4.-Directors of
Eastern Steamship Lines, Inc, yes
terday omitted dividend action on
81 convertible preferred stock due
July l. Arrears on the issue were
cleared in 1899 with payment of So,
and regular quarterly dividends of
SO cents each were paid in January
and April this year.
The company showed a deficit in
April OF Sl49,l42 and deficit for the
first four months of the year of
$563,773. compared with deficits of
s57,238 and s3s6,061 in the compar-
able 1899 periods.
Evening star., 1940-06-04
About Same Storage
Of Eqqs Forecast

By the Associated Press.
The Agriculture Department re-
ported yesterday that increased
movement into storage of eggs in
recent weeks indicated that peak
holdings on August / would be ap-
proximately the same as on the
same date last year.
Evening star., 1940-06-04
Reichsbunk Statement

BERLIN, June lP.-The Reichsbank
statement as of June 3 showed Tin. thou
exchange 1929, increase 2os: bills OF
exchange and checks 12.56s. SOB. increase
e.. s,i t'4a securities 14l:s5l 81 decrease l.
parison,: circulation 1884 ls@ increase
| s27 80: sight deposits 1,47OO11 de-
crease 1922: reserve ratio 0.61 per cent
bank rate 3i2 per cent
Evening star., 1940-06-04
Cotton Exchange Names
Murray as President
By the Associated Press.

BY the ASS0Cla TED Press.
NEW YORK, June 4.-Members
of the New York Cotton Exchange
yesterday elected Robert j. Murray
as president to succeed Frank j.
Knell Mr. Murray has been vice
president of the exchange for the
past two years and member of
the Board of Managers for the last
four years.
Evening star., 1940-06-04
Bourd Head Renamed
By Chicago Exchange
3y the Associat ted Press.

CHICAGO, June 4.-Arthur M.
Belts, senior partner of Alfred L.
Baker & Co., was reelected chair
man Of the Board of Governors of
the Chicago Stock Exchange for his
third consecutive one-year term at
the annual election of the exchange
yesterday.
Evening star., 1940-06-04
Foreiqn Business Advices

Business advices to the Commerce
Department from representatives
abroad include:
Japan-Farm production control
planned.
Italy-Tomato cultivation encour-
aged.
China-North China trade dwindles
Evening star., 1940-06-04
Gasoline Pump Deliveries

Deliveries Of power operated gaso-
line pumps by manufacturers are re-
ported by the Census Bureau to have
totaled ll.578 in April. compared
with 1913 in March and 9,637 in
April 1899.
Evening star., 1940-06-04
American Crystal Sugar
Resumes Dividends
BY the Associated Press.

BY the Associated Press
NEW YORK, June 4.-American
Crystal Sugar Co. resumed dividend
payments on the common stock yes
terday when directors authorized
disbursement of Is cents a share.
payable July / to holders of record
June II. Previous dividend was the
same amount paid in March, 1898.
Evening star., 1940-06-04
Paint Sales Increase

The Census Bureau says 579 lead
ing establishments selling paint,
varnish. lacquer and filters, sold
$36 6,205.8 .876 worth of products in
April compared with $50 369,747 in
March and s32 ,665 ,6l1 in April, 1889.
Evening star., 1940-06-04

Quotations furnished BY National Asso-
states they do not necessarily reflect ac-
tual transactions or arm bids or offers,
but should indicate approximate prices.
quoted b. the sponsors Or issuers.
sIndicates mot quoted By sponsors Or
issuArs."
Evening star., 1940-06-04

Ecuador's interest in new roads
has been spurred by roads built by
two American mining companies.
Evening star., 1940-06-04
Investing Companies

NEW YORK. June 4 (P,.-National As
sociation Securities Dealers, Inc.
St. Paul recorder. [volume] (St. Paul, Minn.) 1934-2000, 1940-05-10
Mrs. Roy Green
Renamed Head of
Local SIG "AuX"

The Women's Auxiliary of Local
SIG reelected Mrs. Roy Green
president, May 2, at it's annual
meeting. Scion C. Bell, general
chairman of the Dining Car Work
ers, spoke to the group. He de-
tailed the work the organization is
doing to get better working condi-
tions and wages for the men of the
union. Mr.. Bell also urged the
auxiliary to cooperate in every
way possible with the men.
Other officers elected were Mrs.
Mary Moss, vice-president; Mrs.
Irene Levy, second vice-president;
Mrs. Virgie Hedge, secretary; Mrs.
Mabel Brown, treasurer; Mrs. Net
tie Shepherd, reporter, and Mrs.
Robt. Allen, chaplain.
Mrs. Levy and Mrs. Shepherd
are new officers. The other of
ficers were unanimously reelected
to new terms. The meeting was
held in the local headquarters.
St. Paul recorder. [volume] (St. Paul, Minn.) 1934-2000, 1940-05-10
Coming Meetings

Sunday Evening Book Review
Club program at Minneapolis Sun.
day Forum, May 10, at p. m
Panel review of Native Son." al
Wheatley House.
Workers meeting of N. A. A.
c. P. Minneapolis Branch, Mon
day night, May Is, at 1915 Fourth
Ave. S.
st. Paul Branch N. A. A. c. p.
regular meeting, Halle @. Brown
Community House, Tuesday, May
IA, $3.50 p. m.
Regular monthly meeting of
Minneapolis Business and Profes-
sional Association, Tuesday night,
8 p. M, May ID, at Rawjess Club,
3O13 Garfield Ave.
Associated Credit Union Forum
Program Sunday, May IL, at Hal
lie @. Brown House, at 4 p. m.
Regular meeting of Minneapolis
Branch N. A. A. C. P. at Wheat
ley House, Friday night, May II,
at 8 p. m. Discussion on anti
lynch bill.
St. Paul recorder. [volume] (St. Paul, Minn.) 1934-2000, 1940-05-10
st. Paul Milk
Driver Experiment
Is One Year Old

A full year of operation was
completed today friday by
George Holland, driver for the
Minnesota Milk Company, with un-
dertaking listed in the community
as a success.
Mr.. Holland himself, who is the
first Negro member of the Milk
Drivers Union of St. Paul, stated
that he appreciates the co-opera-
ton which the community has
given him. He added that he hopes
for increased business now that
the public knows of the perma-
nency of the route.
One of the first to express con-
gratulations to Mr.. Holland was
Bertrand Shannon, driver-salesman
for the Tassie Baking Company.
Mr.. Shannon is beginning where
Mr.. Holland was last year. He has
been employed by the Tassie Com
pany for three weeks.
Company officials for the Tassie
Bakery have expressed great in
terest in the success of Mr.. Shan
mons route. At present his gross
business has climbed from $500
the first week to $1,000 last week.
He is expected to gross $4,000 a
week which is the average income
from a route.
The st. Paul Urban League,
which is interested in both of the
projects, issued statement urging
the public to cooperate with both
Mr.. Holland and Mr.. Shannon.
"This is the time," the League
statement said, when the Negro
Community has an opportunity to
demonstrate that it wishes to
spend it's money where employ
ment is given"
St. Paul recorder. [volume] (St. Paul, Minn.) 1934-2000, 1940-05-10
First Consideration

Merchants who advertise in this
paper want the patronage of the
readers. You know your patron.
age is appreciated when you trade
with any of the merchants listed
below.
Acme Appliance Co.. ~ E. Fifth St.
Alexander's Standard Station, Dale &
University
Boyd Service Station, Dale & Central
Berdes Food Market, 388 Wabasha st.
Community Food Market, 421 N. Dale st.
Commerce Liquor Store, 4th & Wabasha
Enger Supply Co.. 11S w. 7th st.
Elite Valet Shop, 364 N. Dale st.
Jim's Place. st. Anthony & Kent
Johns DIX Service Station. Western &
Central Ave.
Kol-R Co., Dale 1892
Lo-Rate Drug Co., 425 Wabasha st.
Majestic Drug Co., $40 Rondo st.
Molden Cleaners. 387 Selby Ave.
Mt. Olivet Baptist Church, w. Central &
Mackubbin st.
Ben Myers. Tailor. 329 N. Dale st.
Pepsi-Cola. SO N. Smelling Ave.
NJ w. Fuel Co. Iron Fireman, 81 w. 9Th st.
Rite-Price Liquor Store, Is E. 7th st.
Unidale Liquor Store, $50 University Ave.
st. Paul Typewriter Exchange. 81 E. 9Th St.
st. Paul Bottling Co. C7-Up), $50 Payne
Ave.
Tassie's Bakery, 1910 st. Clair
Tri-State Telephone Co., 20 w. 4th st.
Wormser Hat Stores
Zeff's Food Market, 744 Rondo st.
Zinsmaster's Baking Co.. Master Bread
St. Paul recorder. [volume] (St. Paul, Minn.) 1934-2000, 1940-05-10

ing sheep led to slaughter.
l quit the Congress because it is not
truly Negro Congress. Out of some 200
or more delegates, over 800 were white,
which made the Congress look like a joke
1t is unthinkable that the Jewish Con-
gress would have Gentiles in it, or that a
Catholic Congress would have Professionals
in it, or that the famous All India Con-
gress would have, in it as members natives
of Africa. Why should a Negro Congress
have, white people in it?
1t is no evidence of religious prejudice
that Baptists don't accept Methodists into
membership, or of sex prejudice that
women's clubs don't take men in as men,
bers. 1t was perfectly ridiculous and dis
tressing, if not comical, to observe the
white delegates dominating the applause
for Communists policies and tactics.
But while I oppose white members of
the Negro Congress, favor the Congress
collaborating with non-political white or
CARNATIONS that are progressive, liberal
and sound.
The Negro people must beware of all
subtle forms of Communist propaganda
poison to save themselves from destruc-
ton. 1t seems to be beyond the realm of
debate that the Negro people cannot afford
to add to the handicap of being black,
the handicap of being red.
St. Paul recorder. [volume] (St. Paul, Minn.) 1934-2000, 1940-05-10
TO PRAISE MOTHERS SUNDAY!
Special Mothers Day
Services at All Twin
City Churches Sunday
MT. OLIVET BAPTIST CHURCH

MT. OLIVET BAPTIST CHURCH
The Rev. Wheeler will deliver a
special Mothers Day message at
the eleven o'clock service Sunday
morning. The B. T. U. and Sun
day School will have a Mothers
Day silver tea at the church from
to 6 p. m. Mrs. Vida Hopkins
is in charge of this tea.
The B. T. U. will have a special
program at $50. Because this will
be Mothers Day, a large attend
ance is expected. If you have no
church affiliation "come thou with
us and we will do thee good"
AT ST. PHILLIPS
At St. Phillips Episcopal church,
Aurora and Mackubin, st. Paul, a
special Mothers Day message will
be delivered by the rector, Father
Victor E. Holly. A special fea-
ture of the service will be a mass
baptism of children. Rev. FIR. AL
fred H. Lealtad, rector emeritus,