davidaulloa/AmericanStories huggingface dataset:
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-12-09
Lewis Haney
Lewis Haney
EXPLAINS Basis
For L.. =. Currency

A Brooklyn n. Y, reader asks:
us true that all
In gold silver. which aside bill the
United States treasury"
Answer: Not exactly What you provision that
Federal Reserve banks gold
Gates least 40 small
fund deposited the
These gold
evidence that the United treasury holds
amount incidentally they include credits which banks
with the treasury such credits being payable gold cercatesD
90 Per Cent Of Notes May Be Secured
But 60 per may lawfully
be secured by the obligations of the United States
majority of the board of governors of the Federal Reserve
On November Is the total gold of the
S22S0000000 OF this total S17700000000 covered obi
gated by gold certificates in the hands of the banks The
mption fund S3000000 There S2900000900 other
Old certificates outside the treasury.
The Federal circulation
about The deposit liabilities of the banks
these deposit abil
ties 80 covered by gold certificates.
Has Large Reserve Of Silver Bullion
present treasury holds 81 5O0OO0O00 in
silver bullion and SS6000000 standard silver dollars Against
these assets there outstanding silver ce
and a small amount of other currency.
The silver certificates make nneenth
money circulation.
there plenty gold But $ issued in
exchange for definite relation between
and the value of the dollar actually exists.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-12-09
On the Business Front

With WARD SCHULTZ
Detroit Times Financial Editor
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-12-09
Livestock Markets

..ss
CATTLE Receipts, 900 market.
butcher cstatie steady, cows 25e higher
bulls strong; choice steers. Sl2Il2 rs
good steers Sii.25ai2. common to me-
dunn. saii2 %: good heifers SO 80 p
II 50. common 10 medium. 81 3o1 10 ~
good COWS. ST. rs. medium cows 81 81
g.TT5 cutter and common, IS 25g 80.
csnners. S3as Is; good beef bulls. 50 rs y
q 20 good sausage bulls. Sg9 2 -, medium
sausage bulls SIS g cutter and common.
81 50sis good ana choice stocker and
feeder calves, Sll ID; medium. - % Z II
good siocker and feeder steers and -he.ferk-
So rs - 10 50: common 20 medium. 81 q
CALVES Receipts. 700 market. STEADY
good ana choice Sl4 so y Is. common 70
medium. So 1880. eulls and common
SHEEP AND LAMBS Receipts. 3, 500;
market 25y higher; good and choice lambs
Si2 Is Va II So medium 10 good, $40 30 = u
culls and common 80 ~ 10, good and choice
ewes s.. 5016: common and medium, IS ~
HOES ~ Receipts ? 500. market no,
established early prospects hishsr Mon on
DAYS close follows GOOD ana choice lS
10 goo lbs. $40 % 2oO 10 220 lbs SO %.
22l SO 2tO TO- $40 90 go 90 zoo lbs.,
- e5 2sn 90 2SH ib- $50 SO in .hu
H. Sgif hesvies 300 90 $50 lhs "a 80
..,J 10 fua lbs $685. 500 60 40 los
50 80 PIGS and lights. 50 10 10. stsg-
Ss25 r0ughs So a2J
enc tdO
CHICAGO. Dee s--GNsl HOGS Re
csipts. 81 800. steady. top. Si0,l3. bulk
50 aO "a 10 10; heavy. 81 50 n 10. medium.
SO shd 10 rs lights. 50 so ~ ~. Is. Hght
lights. 50 65 1910. packing so~s, xsa
as; pigs 81 1909 so.
CATTLE Receipts II 600: steady
Calves Receipts 600 steady. Beef
steers: Choice Sii.75al3: common. 50 n
li75 warnings. Ssafl3 % T ltohers {;
81. 50 . 10. so; calves. xNi2I5, feeder
steers Ssn - Stockers steers. So
~: cows and heifers. S6,75di0.73.
SHEEP Receipts II 0Oo. l5c 10 Csc
lower, lambs sill asa II -: common. $40
li-25 yearlings. sglo; feeders, si04 IL ;
ewes S4H6
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-12-09
Stock Market
Mixed, Active
In Early Trade
Undertone Steadier
After Mondays Break
on War; en- Higher


NEW YORK. Dec. 9.-(INS)-
The stock market opened mixed In
active trading today.
The undertone was notably
steadier after yesterdays decline
to new lows for the year on the
of United States-Japa-
nese hostilities.
There were numerous gains as
well as losses, and Westinghouse
opened a point higher.
United States Steel started
down I. point at sos but came
back for small gain in the next
few trades.
DU POINT OPENS FIRM
Other stocks to open higher in
Icluded Bethlehem Steel. Union Pa
Icific, United States Rubber. Lock-
heed, Phelps Dodge, and General
Motors.
Dupont. Glenn Martin and Ana
lconda were among those to open
unchanged.
Lower prices ruled in American
Airlines. Chrysler. Socony Vacuum,
Atchison, Southern Pacific. Gen.
leral Electric and Sears Roebuck.
Opening big blocks included
$500 United Corporation. 1000
standard Brands, $500 Columbia
Gas and 5000 Radio.
AXIS BONDS WEAKEN
In the bond market, foreign Is
sues showed tendency to extend
yesterdays declines as bids on
Axis obligations were further
marked down. Australians were
firm. but Argentines worked
lower in the South American
group. No trades were reported
in over-the-counter in Jap liens.
United States treasures were
quiet and steady in early deals at
prices about in line with those of
late Monday.
Domestic commodity markets
lopened orderly with price changes
negligible and mixed. Markets
tended slightly higher but seas
ure of cautiousness to follow adj
vances was noticeable. the latter
the result of latest requests from
washington that trading in import
tcoffee--be suspended for today.
The Chicago grain market.
which complied with OPA's re-
quest in not allowing trades to
be consummated above yester-
days closing levels for wheat and
SOY beans, reported quiet condi-
tons in all pits. with wheat and
'Isoy beans at one time fractionally
Ibelow yesterdays close.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-12-09

accommodations. sOdd lots only.
American Light and Traction
Company declared regular quar-.
terly dividend of 80 cents on the
common. payable February 2 to
stock of record January Is.
Detroit evening times. (Detroit, Mich) 1921-1958, 1941-12-09

n d0picnai
or o
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1941-11-21
PRACTICE WHAT you PREACH
aeesburg COMMERCIAL


Preaching economy in the use of paper. CON-
planning about newspapers being given second class
rates Of postage and calling upon newspapers that
are struggling for existence under the burden of
higher and even higher costs and decreased rev
from foreign advertising because of priorities
Then government bureaus clutter up the mails
with deluge of stuff. mostly under postal frank.
that no small newspaper can use
This isn't new complaint It has been men
toned far and near. But this week the Commercial
decided to add something tangible to the chorus of
objections ~
From Monday to Saturday afternoon. last
week. the Commercial saved all the stuff that came
in that ii didn't use-cOuldnt use. 1t was bundled
and taken 70 the postoffce to be weighed on postal
scales 50 there could be no question about the
weight
The bundle weighed ONE HUNDRED EIGHT
OUNCES
If the Commercial IS an average small city
newspaper and all of them get as much as we do
there were OVER A MILLION OUNCES of mail
matter sent the newspapers of this country Re
member. that was merely LAST WEEK Some
times there is a LOT more comes within week
Not al Of this was ranked but at least as per
cent of it. BY weight. came without cent Of pos
tage And practically all that ranked stuff IS
sidered first class mail
Here is a waste that the government Itself
could handle but seems to be adding to il instead
Of eurtailing IT. KS
Essays by wen paid publicity men on govern
ment payrolls are not appreciated BY newspapers
who have to pay the bin for publishing such trash
We do not but some papers win use one. some
another 1t would cost less. We believe to buy
space N the newspapers that do this stuff. II
that were done, somebody would put governor on
The typewriters Of these sophomoreS who are n.y.
ing to make ont Ike they are writing for the news
papers
II is pitiful TO see so much money wasted in
this manner when at the same time the govern
ment Is begging every child to buy quarter sav-
ing stamp % help lick heel Hitler
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1941-11-21
urvINoFF's RECORD

It might pay. the American people to
know something about Maxim Litvinoff. re-
Gently designated Soviet Ambassador to
the United States
From the beginning of the Soviet re-
gime ne has advocated collaboration with
the Western demoeraeies and when the
Russo-German pact was signed in 1889 he
went into retirement
Litvinoff, we believe. urged policy in
Europe essentially peaceful. even If de-
signed to counter the growing power Of
Germany. He was regarded. in Russia, as
definitely anti-German
In 1885. when France and Russia sign
ed their treaty. it was largely due to his
exertiens that it was within the League of
Nations framework. From 1892 to 1888 he
made many speeches in support of colIec-
tive security and during that period, in
1887. he melted Leon Blum, head of the
French government. to make joint prepare
tons with Russia for the eventual defense
of Czeeho-Slovakia.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1941-11-21
THEY PAID THE SALARIES


Control Of this city 5 municipal govern
ment Wednesday night passed officially IN
to the hands of new couneil-new, in spite
-of the fact that four of its members were
members Of the old body.
For the three members who retired
from public life and for the four who re-
manned, ii was time for summing up ex-
actIy what each did. and what they did in a
body, during the past two years.
While all of the retiring committees
could, and did, show progress for the years
Of their existence. one of the outstanding re-
ports submitted was that of the financial
body. headed by Col. L. C. Briaton and in
Guiding Ernest A. Ramsey and Glenwood
Sweeting as members.
From the standpoint of city employees.
particularly. the $50 per cent of salary pay
ment ehalked up by the council last year
was one of the first rank achievements of
council history. In the previous year, the
council had paid off at the rate of S2.5 per
cent. giving the administration an average
of 89.5 per cent for the term.
II all other financial departments, the
committee and the council also succeeded in
taking long step toward the point when
the city eventually must get back on its feet.
paying as it goes.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1941-11-21

The British government IS profiting on
the fuod sent them under the LendLease
plan by the United States, according to a
news item in the Philadelphia Inquirer,
Quoting an American official who has spent
some time recently in the English capital
The urofit is made by the British govern
ment charging its subjects extortionate
,,r;ees for the food obtaf led from the United
etates. which now IS q be sent at the risk
il American lives while. before the Neu-
tra,;tv Act was abandoned, It was delivered
on the cash and carry plan
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1941-11-21

Comptroller Lee is being sued because
he refused to pay big out-of-state printing
bin which printing could have and should
have been given Florida concern. It win
be Interesting to know the final result. Fort
Meade has . similar situation--legal print
ing being sent out of the county, also repair
jobs that could have been done here by lo-
cal mechanics as cheaply and as efficiently,
Fort Meade Leader.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1941-11-21

Internationafisrn, commonwealth
among the nations, seems the only antidote
to war and chaos, yet working inter-
nationalism viii operate successfully only
so long as all the component parts are salts
fled and how long would q cOnglomeration
of nations operate hamoniously. 1t isn't in
the cards, not as long as selfish human
nature Is what 1t Is
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1941-11-21

This conclasion may be alter
ed IN very short space Of time
by developments in the Atlantic
or the Pacific Encounters with
the foe entailing loss Of life, win
produce a popular reaction and.
il numerous and prolonged. 10
Gle a pubic 6smand for about
participation il the struggle.
This win meal an expedisionary
faEee. II Necessary, % end the
preseat war .
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1941-11-21

Wasps are small insects but they are
very courageous and viii fiercely attack
anyone who molests them while they are at
work, and win defend their nests against
any intruder. the human animal included.
If yeu are in doubt try teasing wasp in his
nest and you win be convinced.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1941-11-21

In Canterbury. Conn.,. town meeting
decided not to levy any taxes for the next
fiscal year because the treasury already had
enough money. 1t Can't Happen Here
not IN Key West
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1941-11-21
A TWO OCEAN WAR
HoSTHITIEs UNDERWAY
NO A.E.F. PLANNED

The United States IS not vet
engaged in an aIl-out war. but
undeelared warfare IS raging IN
the Atlantic Ocean and hostili-
ties may begin In the Pacific ar
any moment
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1941-11-21

Nepotism Is rearing its ugly head in
Key West; it is one way Of making political
jobs pay indirect dividends and often re-
suits in Indifferent service to the COM
munity.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1941-11-21
Today's
Anniversaries

l7s5-Wnliam Beaumont. fam
ed army surgeon, ST Louis ply
stefan. whose researches into the
digestive processes marks an
epoch in medical annals. born in
Lebanon. Cnnn Died 81 Louis.
April .. 1859
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1941-11-21
USEFUL SIGNS

BUCKEER, Ole c Henthorn.
truck driver Of this city. has
equipped the rear Of his truck
Nth electrical signs that tell whe-
ther the road ahead Is clear or
rot
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1941-11-21

Who can remember when the sight Of
an airplane in the sky was an event to be
talked about. key West Citizen. It
might still be. depending upon whose air
plane il Stamford Herald.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1941-11-21

Il appears that now our ma
tional labor paliey is-e catching
UP with the sentiment Of 1he
people Of the United States to
pat national defsssse first Nei-
Their labor ppi2rs nor manage
ment Should be allowed 10
Strengthen their position during
national emergency when Il IS
50 vitality important 70 the Sc
curity Of eur nation and free
dom that the wheels Of industry
keep rollina.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1941-11-21

4 teacher suggests that every Amer
lean child be required to speak a foreign
language. That's swell. but first every
child should learn to speak English under
standingly.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1941-11-21

There IS a definite tie-up be-
tween the situation that con-
fronts the United States n the
two oceans japan. the ally of
Germany and Italy. believes that
the totalitarian states viii be VIC
tors IN the EuIopean fight and.
consequently. Tokyo IS anxious
to cash IN On the opportunity.
The United States. on the other
hand, IS pledged 10 do whatever
IS Necessary to defeat Hitler and.
consequently. IS tired Of Japan's
nuisance tactics IN the Pacific
and ready for showdown.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1941-11-21

AS the world situation shapes
itself today. We do not see how
the United States can avoid
war. either with Germany or ia
ran These nations are engaged
in q militant campaign OF ag-
erosion. determined to reap rich
spoils and the United States IS
equally determined 70 thwart
their programs. Hostilities IN
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1941-11-21

With the United States Navy
operating On shoot on sight
orders in the Atlantic. this eoun-
try IS. no doubt giving valuable
assistance to the British IN the
Battle Of the Atlantic. For this
type of work. cruisers. destroy
ers and lighter warships are
used. together with airplanes,
but in the Pacific. where the
japanese Nays nine battleships
are ready 10 fight. the United
States must maintain its power
full battle fleet.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1941-11-21

lS3s-Rpse EyetznEe. actrezs
author. teacher. born Ia Phil7del-
phia- Died ia New YORK. Dee
20. 1911
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1941-11-21
Hard VOL Is the eure cor hard luek.

Governor Holland has the sheriffs Of
those counties, where gambling and other
vices are rampant, shaking in their boots.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1941-11-21

With the distinct threat of var
before them. the people of the
United States are apparently
calm and undisturbeds Publie
opinion has gone long way
since the passage of the Lease
Lend Act early this year. def
initely put the United States
among the foes Of Hitler and
what has happened since that
legislation has been the logical
result Of our national position.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1941-11-21

Despite our desire for peace,
the United States has taken a
stand which leaves the question
Of peace or war entirely up TO
Germany or Japan. This danger
Gus situation. which may result
IN hostilIties az any time, has
been accepted by the people of
this country as an alternative
preferable TO the surrender of
our RIGHTS and acqusieence in
the rule of might IN information
al affairs.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1941-11-21

1854 Henrietta H r. Green
Hetty Greenl famed woman
financier. who inherited q mil
hon and rolled Il into 100 mil
hon in Wall Street and IN money
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1941-11-21

lending, born ia New BeaEnFd
Mass. Died July q 1878
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1941-11-21

The situation in the Pacific
has been somewhat improved by
the decision Of Great Britain to
provide a powerful naval force
Of heavy ships for service in she
Pacific If needed.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1941-11-21

lg59-Isabel r Hzpeood
journalist. author. Eransla1av
from the Russian bora in Brs-
ton Died IN New YORK. June
e. 1928.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1941-11-21

The two clio members were
the only ones 10 side with Lew
IS. This shows how unpopular
slr. Lewis position ESPECIAL
" when It S true that the Me-
diation Board usually leans tn
ward labor.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1941-11-21

l651-CsrdInal Mercier. Bel
giuEn's heroic prelate. barn D1e6
in Jan- %. 1928
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1941-11-21

l860-Ton Horn. GeveTnment
Apache war scout and inteEpre-
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1941-11-21

the Pacific would be largely
naval and ae-iai although more
scfive and costly than the IN
declared struggle now going on
i tie ATLANTIC where the Brit
IS stand batween Us and Ger
sEa1 forces ans
The only question befole the
American people now. IN regard
70 the war generally, IS whether
this nation viii. at any time. pro-
vide another expeditionary force.
il necessary. to bring about the
defeat Of Hitler. Upon this CUES
ton. We think. il may be safely
said the people Of the United
States are definitely opposed TO
such participation in the war in
Europe.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1941-11-21


The elesen-man National De-
fense Mediation Board. which
decided against John L Lewis a
the cloSed-shop issue Of the cap
i've mines. had TIVE clio. mena-
bers and two AF.ofL- menu
bers
The position of the AF.ofL.
members was very amusing
They were in 4 situation which
compelled them 10 vote against
strengthening the position of a
labor union. They voted against
giving Lewis a closed shop. be-
cause 70 give him a closed shop
was 10 give him part Of their
membership
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1941-11-21
S 10 9os1r1G
"a
sl.l!aR VA EKlHNGHON
clio. BOLTS BOARD
PUBLIC AGAINST LEWIS

By HUGO sIaS
Evening star., 1941-05-30
Pipinq Rock to Resume Rocinq
After 24-Yeor Lapse; Saved
Sport During Dark Days

Piping Rock Cup made its debut
at the Locust Valley course back in
1912, when James Parks celebrated
Duke of Duluth triumphed over
field of crack steeplechasers. After
the 1916 renewal, which was won
by Morton L. Schwartz's M. j.
Shannon, the race was abandoned
until 1884, when the cup was again
placed in competition at the Rock
away Hunt Club in Cedarhurst,
Long Island.
When j. w. Y. Martin of Worth
ington Valley, Nd, retired the cup
with his Luckite in 1885 he gra-
ciously returned the trophy for per-
petual competition. When racing
was discontinued at Rockaway, in
1886, the cup was out of compe-
tition until recently returned to
the Piping Rock Club to again be-
come coveted trophy.
New Stake Is Added.
Another important stake event in
the Piping Rock program will be
the inaugural of the William B.
STREET. Steeplechase, named in
honor of the late Bill STREET., noted
amateur rider and trainer.
The Advisory Race Committee Of
the Piping Rock Club includes Will
liam Woodward, chairman of the
Jockey Club; Howard w. Maxwell,
Joseph E. Davis, G. H. Bostwick
and Louis E. Stoddard, jr. AL are
noted sportsmen who long have
been identified with thoroughbred
racing in this country and abroad
Evening star., 1941-05-30
MacaIuso Is Victim
Of William PIummer
In Brief Mat Bout

Lou Plummer, whose name is a
ringing reminder of his ring tactics,
had the necessary tools to fix Len
Macalusos business in last nights
feature mat bout at Turner's Arena
and used them unsparingly to win
2l-minute decision over the former
football star.
Lou was cast in the role of villain
with all the trimmings, excepting a
handle-bar mustache, and the alb
Sence of that ornament neither i'm
peded his speed nor dulled his ap-
petite for left-hand strategy. He
used everything but a block and
tackle in chalking up the victory.
Len, calling on his grid knowledge
for assistance, tried the block and
tackle and it backfred. He missed
a tackle and Plummer caught him
from behind.
In other matches Paul Boesch and
Fred Grobmier teamed up to defeat
the Green Hornet and Lou Farino
in a two-man doubles engagement
and Abe Coleman pinned Jim
Austeri. Oh yes, Leo Numa took
the decision over Milo Steinborn.
Evening star., 1941-05-30
Major Leaders
BY the Associated Press.

American League.
Travis, washington. 3S7.
Runs. Di Magic. New York,
IS; 8. Chapman. Philsdelphia, and D.
Di Magic. Boston. 36: ,.
HTS. Chapman. Philsdelphia, SO;
Travis, Washington, So.
Doubles-Keltner,. Cleveland. Is: 9.
Chapman. Philadelphia: cronin and d.
Di MagEio. Boston. -,
Chapman, Philadelphia, 5, a.
Heath. Cleveland. and johnson, Phila-
Stolen basesID, Di MaErio. Boston.
Pitching-Feller. Cleveland. 10,2;
Harder, Cleveland, and Lyons, Chi
Batting N Nis.fna! s.iss4 LiasSfl srootlyn, .ss7:
Slaughter, st. Louis. .363.
Runs-Moore, St. Louis ss; Hack
Runs battsd in-lNicholson. chicaro,
Mdars' atssslaIsntsr' 81 Ionis. ss St. Louis 81;
Doubles-Mize, st. Louis, ID; Moore.
DIT rripiesILsvasstto, riiL Brooklyn: Moore,
Boston; Brown st. Louis and vaushan'
Home runs-ott, New York, II;
Camilli' Brooklyn, and Nicholson Chi
Stolen bases-Frey, CINCINNATI, 8;
Marion, St. Louis; Handley Pitts
burgh,. and Werber, Cincinnati, 4.
PitchinR-Warneke, st. Louis, 80;
N. Cooper. st: Louis, 81.