davidaulloa/AmericanStories huggingface dataset:
The CIO news. (Cumberland, Md.) 1942-????, 1943-11-08
/ important Resolution Passed
Bv The 1913 Go Convention

in that direction. For, apart from
the insurmountable technical prob
lens Of placing such a party on the
ballot for 1914, third party at this
time will only serve to divide labor
and the progressive forces and assure
the election of our political enemies.
Our primary task IN the politi-
cal field today Is to weld the unity
of all workers, farmers and other
progressives behind candidates,
regardless of party affiIiation, who
are committed 10 our policy of To-
tai victory and who fully support
the measures necessary to achieve
Il and to lay the basis for Sc
cure, peaceful, decent and abund-
ant postwar world. Only II we
succeed In that task In 1914 and
place i'm Office an enlightened ma
tiOnal government prepared to
carry forward this constructive
and progressive program, can we
have any hope for prosperous,
decent and secure postwar world.
Whatever differences may divide
labor on the industrial front, the
overwhelming majority Of the men,
bership and leadership of every branch
of the labor movement Is in agree
ment upon our political program and
detectives, and no barriers should be
permitted to stand in the way of joint
or parallel action in the political field
with the unions of the AFL, the Rail-
road Brotherhoods and unaffiliated or
CARNATIONS. Such unity on the politi-
cal front will not only mobilize IA
million organized workers and their
families, but will stimulate and rally
broad non-labor groups and help give
effective political voice to millions of
farmers, consumers and other progress
sives in every walk of life.
The burden of carrying on the day
to day work of education and organi-
zation for political action and put
ting into practice the programs
and policies formulated by the Politi-
cal Action Committee must necessarily
fall on the local organizations of CTO.
No more important task confronts us
today. That task must command the
united, wholehearted and militant sup
port Of every international union Of
the CIO, its affiliates, local unions and
all state and city industrial union
councils. If it is approached with the
same energy, intelligent application
and enthusiasm with which we or
ganized millions of workers on the in
dustrial front, we cannot fail.
The CIO news. (Cumberland, Md.) 1942-????, 1943-11-08
Political Action
A Must For
Win-War Fight

The CLIO has hammered out con-
structive program to meet the needs
Of labor and the nation, both in the
conduct Of the war and after victory
has been won. That program has been
perfected and reaffirmed by this con-
vention.
Our program does not serve the in
terest of labor alone, but that of every
section Of our people. 1t is directed
toward the achievement of those OBJ
jectives which are shared by the
overwhelming majority of all Ameri-
cans: Our paramount objective Is the
winning of the war and the advance
ment Of those democratic standards
and ideals for which our armies are
now engaged In costly battles.
Achievement of this objective
requires: A strong and united
home front I'm support of our mill
tary effort through the MAIN
tenance Of our economic, social
and legislative standards as a
guarantee of wholesome living
standards for our people and the
protection of the highest possible
morale among our millions of war
workers; the mobilization of all of
our resources for the vigorous
prosecution of the war to realize
our goal of unconditional sur
render within the shortest possible
time; the welding of the unity of
the United Nations In their COM
mon struggle against the enemy
and for just, ordered and en-
during peace; a sound and pro-
gressive postwar program to ease
the difficult transition to q peace
time economy, give full employ
ment to our people, provide an
adequate system of social security
i'm time of unemployment, sickness
and old age, and lay the basis
for a more secure and abundant
life.
This program expresses the aims
and aspirations of the common men
and women of America. II can and
should command the support, not of
labor alone, but of all progressive
Americans in every walk of life.
More consistently than any other
The CIO news. (Cumberland, Md.) 1942-????, 1943-11-08

man in public life, President Roose-
welt, our Commander-in-Chief, has
voiced the detectives of this program
and fought for their achievement.
The CIO news. (Cumberland, Md.) 1942-????, 1943-11-08

and fought for their achievement.
Opposition Is Bitter
Our program has met and viii con-
tinue to meet with bitter opposition
from the forces of reaction. These
forces are motivated by an undying
hostility to organized labor, whose
power and influence they fear and
seek to destroy, and by deep-seated
hatred of President Roosevelt whom
they hold primarily responsible for
the enlightened program of social
legislation which we identify as New
Deal. Their purpose is to discredit
the President and labor and progress
sive forces and gain control of our ma
tional government and to wipe out
the gains which have been won for
the common man in the past ten
years.
These forces have dominated
the 18th Congress. The Republic
can party, in which the reaction
aries have their greatest concen-
tratiOn and where the outright
defeatists and appeasers are
mainly represented, has not hesi-
tated to make partisan political
capital of the difficulties and dis
locations arising out of the war
effort. Anti-administratiOn men,
bers of the Presidents own party
have denied him their support.
A combination Of the two
groups has succeeded in scuttling
the vital hOme-fr0nt program of
economic sterilization through
price control and equitable tax
alton. Giving free rein to its anti
labor venom, It threatens to de-
stroy our national unity and dis
rupt our economy. Unless this
trend Is sharply reversed, the war
will be prolonged, our national Sc
curity endangered and a peoples
peace made impossible Of attain
ment.
The record of the 18th Congress has
brought sharply home to labor the re-
suit of its political apathy in 1912.
1t has shown us that we cannot rely
on a hasty mobilization of forces to
intervene in each legislative crisis as
it arises. The organization Of perma-
nent political arm of labor is essential
If we are to register our full influence
in shaping the affairs of the nation.
We have criticized the progressive
forces in government for their failure
on occasion to act with sufficient mill
fancy and vigor. but we can expect
continued hesitation and vacillation
from them until we succeed in organ
izing on the political front to assure
effective support of our program and
the candidates who espouse it.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1943-12-31
Chicago Livestock

CHICAGO, Dec: 81 W, FAl,-salable
hogs, 1900; total. 10000: market active,
these strong to mostly 20 higher other
weights and sows steady; eood and choice
20d-50O pounds. 1875, the top; 11O-I9O
pounds, 10 65- Is 40, few l5O-11O pounds.
2uo-l TO- good and choice 3l0-330
pounds, 13.l5-35: good and choice 360-550
pound sows, l2.3560: choice lighter
weiehts to 1915; estimated holdovers,
1000.
salable cattle. zoo; salable calves. 300:
last market old year saw fairly active trade
all killing classes; clearance good all
classes. steady, with she stock and .weighty
SAUSAGE bulls in especially broad demand;
nothing choice here; best fed steers, Is 40:
1928 scattered lots, l .00-13. So cutter
cows. SOC down with strong weighs
around S.25; most beef cows, S.75-11 90;
strictly good kind, IL 00-12.50; weighty
sausage bulls to 1928, and medium weight
bulls around ! .0o-lI so being substituted
because of scarcity of weighty offerings:
yealers firm at 1900 down; stock scarce,
but very slow.
Salable sheep. 1900: total 1000: load
good 10 choice 9@pound fed wooded west
ern lambs sold steady to shippers at 1910;
Lndertone weak on lambs lacking finish.
few medium to good grade offerings IA 90.
with common kind sorted off at 1850:
sheep very scarce; native slaughter ewes
at Z 90 down.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1943-12-31
Stock Prices Mixed
|At Close Of Best
Year Since 1888
BY VICTOR EUBANK,
Associated Press Financial Writer

NEW YORK. Dec. 31-The stock
market today stepped out of its best
year since 1898 with slightly mixed
tendencies due to profit taking on
Thursdays broad rally.
Tomorrow's holiday, when the
Nations major exchanges will re-
cess, caused the trimming of COM
mitments here and there as pro-
lection against possible big war de-
velopments over the week end. Tax
sales for cash" still we're plentiful
but less than in the preceding ses-
sion. Investment demand remained
as a bolstering influence for indi-
vidual issues.
The list churned at a fast rate al
intervals, although there were slow.
downs. Irregularity prevailed at the
close. Volume again was arounc
100000 shares.
American Distilling plain" anc
stamped" shot up at the opening
but eventually backed away. Omni.
bus Corp. hit New Year peak. W
fractions most Of the time were
United States Steel, Bethlehem
Santa Fe, United States Rubber
American Telephone, Douglas Air.
craft, j. C. Penney and STANDARD
Oil New Jersey.
Laggards were N. Y. Central
Southern Railway, Texas Co., Dl
IPoilt, Westinghouse, Johns anville
General Electric. Goodyear, Boeing
and Western Union CA
Rail bonds generally improved.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1943-12-31
Dividends Announced
Washington Produce

From the War Food Administration
PRICES paid net fob. Washington.
EGGS-Market weak Prices paid for
Federal-State Graded eggs received from
gradlng stations, December 81. whites,
medium, AZ. Browns, u. S. grade a. large.
lid; average, AZ; U. S. grade A. me-
dlum, y A.: average, 41l2: U. S. grade
large, A.; U. S. Grade c, SO. Mixed colors,
~. S grade A, large, A.: mediums, -: U.
s. gIade B. large, A.; U. s. grade C. 80
receipts, Government graded eggs, 3O7
LIVE POULTRY-Market firm. Receipts
lent. Prices paid net fob. WASHINGTON
permitted transportation charges inclUded
according to mileage Broilers and fryers
2S1a-30; fowl, 26l2-2S; BOOSTERS, 1870.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1943-12-31
Late YuIe Shopping
Reported Curbed by
Low Inventories
By the Associated Press.

By the Associated Press.
NEW YORK, Dec. 3l-Depleted
inventories and early holiday buy
ing were credited today by Dun 81
Bradstreet, Inc, for a relatively
light last-minute Christmas shop
ping rush.
The merchandising agency said in
its trade review that, while some
post Christmas clearances were
scheduled, price markdoWns gener-
ally were small
las early reports indicated, re-
tailers are faced with the problem
of restocking their shelves" the re-
view said This situation is espe-
cially true in the jewelry trade and,
to lesser degree, in shoes, moder-
ately priced textiles, bedding, table
linens and underwear.
Lingerie and sweater departments
did a tremendous business, with
supplies almost completely de-
pleted"
Aggregate sales for the past week
were estimated at to per cent
above a year ago.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1943-12-31
Business Briefs

Money in Circulation expanded tC
another peak of $20,428 100000 or
December %, an increase of S46,-
100000 from a week earlier anC
S5,021 100000 above a year ago, the
Federal Reserve Board disclosed ir
its weekly summary of member
banks condition. Member reserve
balances totaled S12,769 100000 6
gain of S92,000,000 from a weel
earlier, but S19,000,00O below a veal
ago. Excess reserves totaled S1,130,.
100000, a gain of $210,000,000 from
week earlier.
Deferred Consumer Demand fol
things now unavailable because o.
war restrictions is equal to S22,.
500,000,000 worth of goods, including
10,000,00 automobiles and 100000
radios, the Postwar Committee o.
the National Association of Manu-.
facturerS estimated.
Freight Loadings in the week
ended December 25 totaled GAL ,36t
cars, a drop of 1857 from the pre-
ceding week, but 84eo above the
like 1912 period, the Association OF
American Railroads reported.
Stock Exchange Membership
Prices bounced up toward the 1874;
high, one selling at $4,000 anc
another a little later at SAT 900
compared with the peak of $4,000
set last April 16. The years lowest
sale was at $4,000 last January %
Pennsylvania Railroad purchase
of 2,670 acres of coal land in Cam
brit County, Pa, through a sub
sidiary, Manor Real Real Estate &
Trust Co., was regarded as a STEP
toward identification of the main
line between Harrisburg and Pitts
burgh. A huge power plant at Will
more and a tunnel through Cresson
Mountain were reported planned.
Commonwealth & Southern Corp
and Ohio Edison Co. plan for re-
tirement of all preferred shares OF
the Ohio company, was approved
by the SEC. The 96,598 shares to be
retired include all of the $3.50, S.
and $7.20 series, of which 81, 464 are
publicly held and 1874 are held by
Commonwealth.
Curtiss- Wright Corp. has in.
creased production 2,500qo above
1889 levels as part of the aviation
industry's war effort which will
virtually overWhelm the enem,
in 1914, declared President Cru,
Vaughan.
Buick Division of General Motor
Corp. has produced enough Pratt &
Whitney twinrow Wasp engines t.
power more than 5000 Liberato
bombers, reported Harlow H. Cur
tice, general manager. Since Janu
airy. 1912, Buick has turned out 49, 90
engines, of which 24,626 were ship
ped in 1913.
American Distilling Co. earnet
S1,333,384 or $5.01 a share in tn
fiscal year ended September &c
after charges and taxes. Because O
a change in the fiscal period, com
parable figures for year ago wer
not available.
South Porto Rico Sugar Co. earne,
$4,000, 800, or $3.50 a share, in tn
fiscal year ended September sc
compared with $5,547 lot, or $500 {
share, in the previous year.
Royal Typewriter Co, Inc, de
clared quarterly dividend of IA q
or SITS share on the cumulativ
preferred stock, payable January
to holders of record January 8, and
dividend of Is cents a common
share, payable January Is to hold
ers of record January 7.
Mathieson Alkali Works, Inc, an
nounced the resignation of E. M
Allen as president and election O
G. w. Dolan as his successor. MI
Allen will continue as board chair
man.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1943-12-31

ahead now to It's IN" day which will
be the new Armistice Day, he said
IF the Nations empty-bin boom
is to be followed by growth and
sustained prosperity, the flow OF
new capital into enterprise must
be stimulated beyond any volume
in our experience. Capital will be
available in amounts equal to any
presently conceivable need and in
ducing its owners to put it into
productive investment is our task
in helping the world negotiate the
treacherous postwar REIMBURSEMENT
period, he added.
Researches by IBA committees
have already indicated on the basis
of preliminary surveys that six, sew
en- or eight billion dollars of new
capital financing may be needed
each year for a period Immediately
following peace"
Mr.. Folger has just appointed a
new Conference Committee" to
work on these problems, headed by
Charles S. Garland of Alexander
Brown & Sons, Baltimore. Every
one knows" he said, that our fir
tation with an economy of scarcity
was tragic error. All future activi-
ties must be projected on a basis of
maximum activity
c. & p. Phone Net Higher.
Net income of the Chesapeake &
Potomac Telephone Co. in November
;,>+1
dividends, against $241,254 a year
ago, an increase of S31,174, it was re-
ported to the Public Utilities Com
mission today. Total net income in
the II months reached S2,95l ,708,
an increase of 1881 ,942. Telephone
users made 1902 900 calls during
the month, an increase of 2,329,000
over November, 1912.
Werber Sets Insurance Record.
Bill Werber, brilliant major
league baseball star for many years,
has written S1,500,000 in life insur-
ance in Washington in his first full
year in the business, Earle w. Sapp,
general agent of the New England
Mutual. announced at a luncheon
in his honor at the University Club
yesterday He was graduated from
Duke University in 1880, receiving
the Robert E. Lee scholarship award.
Washington Gas Net Rises.
Net income of the Washington Gas
Light Co. in November amounted to
S145, 402, a gain of S15,347 over the
same 1912 month, it was reported
to the Public Utilities Commission
today. Net income in the II months
was S1,076,658, up s193,064.
J. S. Bache e. Co. today paid a
year-end bonus to Washington en-
ployes.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1943-12-31
Coal Volume Rises
At Hampton Roads
By the Associated Press.

NORFOLK, Va, Dec. 31.-The
highest figure for coal dumpings
over Hampton Roads piers since
March, 1912, was attained over %
days of December when the total
was 1,034,028 tons.
Daily dumpings for the December
period averaged 5000 tons; on that
basis, the entire months total will
amount to 1,144,815-a figure break
ing all dumping records of the roads
back to 1893.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1943-12-31
Market AVERAGES
STOCKS
BONDS.
Foreign Exchange

NEW YORK, Dec. 81 tP.-Foreign ex-
change rates follow Great Britain in dol
lars, others in cents):
Canadian dollar in New York open mar
United States cents, down .0ti1. of cent
Europe-Great Britain. official, buying,
4 .02: selling, 4.O4
Latin .Amcrica-Argentina. free. o515.
up .01 Of a cent; Brazil, free, 5.20n; Mex
leo, 20 b5n
n Nominal
Evening star. [volume] (Washington, D.C.) 1854-1972, 1943-12-31
Penalty Eliminated
For Chicago Shorts
BY the Associated Press.

Ey the Associated Press.
CHICAGO, Dec. 31-Directors of
the Chicago Board of Trade ruled
yesterday that individuals who had
gone short in December oats, ano
have found it impossible to make
delivery of the grain itself, must
settle their contracts at the OPA
ceiling of 81 cents a bushel. This
was the closing price on the con-
tract.
Ordinarily, individuals who have
sold grain short and then are either
unable to buy back their futures
contract or deliver the cash grain
are assessed a penalty. However, nc
penalty was assessed in this case
because it was felt that the OPA
ceilings created an unusual STU
alton.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1943-12-31
Wholesale Commodity
Average Unchanged


Stable wholesale prices in the last
week were reflected by the Bureau
Of Labor Statistics index, which
stood at 1929 per cent of the 1926
average for the third consecutive
week and was 0.3 per cent above a
month ago, IT per cent above q
year ago, 267 per cent above the
like 1887 week and 1913 per cent
above the average for December
1929.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1943-12-31
Joins D. & L. w. Bourd

NEW YORK, Dec. 81 (P).-LeWis
G. Hartman, president of the Manu-
facturers and Traders Trust Co. OF
Buffalo, today was elected a men,
Der of the board of managers of the
Delaware, Lackawanna & Western
Railroad to fill the vacancy caused
by the resignation of Carl P. Ben
nett of Boston.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1943-12-31

AVA " SASSl Va
w a s h / n G t on,
president of the
I n v e. t m e n {
Bankers Asso-
citation of Amer
lea, said today
in looking at
1914. Compare
lively idle dur
ing the period
when most bust
nesses have eX-
perienced t h e
greatest b DOM
in history, the
investment bust
Y,eSS must 1onk
Evening star. [volume] (Washington, D.C.) 1854-1972, 1943-12-31
New York Cotton

NEW YORK, Dec. 81 tP-year.end
LIQUIDATION representing nervous selling in
fuenced by the favorable war news de-
veloped reactionary trend in the cotton
market today.
Selling encountered only scale-doWn mill
price fixing against textile contracts.
Late values were 30 to 40 cents bale
lower, March. 1868; May, 1887, and
July, 1913.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1943-12-31

ApprOXimate Sales Today.
1900 ann 6o $50 1900 Noon 462 $40
100 pm 900 80 2:O0p.m 700 2lo
tUnit Of trading. 10 shares: sales printed
in full. In bankruptcy or receivership OF
or securities assumed by such companies
Rates or dividends in the foregoing table
quarterly or semiannuai declaration. On.
less otherwise noted. special or extra divi-
dends are not included xd Ell dividend
or sock. Paid last year Payable in
sotck. q Declared or paid so far this year
y Payable in Canadian funds Accumu-
lated dividends paid or declared this wear
Evening star. [volume] (Washington, D.C.) 1854-1972, 1943-12-31

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Evening star. [volume] (Washington, D.C.) 1854-1972, 1943-12-31
Chicago Grain

CHICAGO. Dec 81 pa heavy buying
movement upon the Fart OF mills pushed
all wheat contracts into new seasonal high
territory today, gains extending to more
than 3 cents bushel in the September
delivery at one time. It was the sharpest
daily advance in many months.
other grains drew strength from the
action OF the bread cereal All rye deliv-
cries hit new peaks for the season on buy
ing coming mainly from commission
houses. Oats and barley were strong Of
ferings in all pits were light, although
some profit taking came into wheat around
Sl.10 for the May delivery
the days highs. Wheat closed la - "a
higher: May, 1.69's94; oats were UP "a
"a; May, 7Sl2 rye was ahead Saba; May,
1.27 i4-2s; and barley was up l cent; May,
2234
Evening star. [volume] (Washington, D.C.) 1854-1972, 1943-12-31
FoIger Sees Period
OF Urgent Demand
For investments
BY EDWARD c. STONE,

Investment bankers see ahead an
era OF tremendous activity and
demand for their services, John Clif-