davidaulloa/AmericanStories huggingface dataset:
The Wilmington morning star., 1944-12-03
MARKET SWITCHES
TO HIGHER TREND
Nv VICTOR EUBANK

NEW YORk, y u q.
Strength of rails and selected IN
dustrials, notably sugars, To-Day
enabled the stock market TO
emerge from a generally satisfact-
DRY week with irregularly higher
trends on the best volume for a
short session in about six months.
Dividends, earnings and lndlvl-
dual situations stimulated favor
ties throughout the week although
specialties, on the whole. inspired
the main demand. Prices were up
Monday. about evenly divided
Tuesday and, on Wednesday,
made their most substantial aver:
age climb since Sept. Is on a turn
over of 1,161, 246 shares, to p
since Sept. 7.
The mid-week upswing in which
carriers hit peak since 1897 was
attributed partly to Prime Minis
ter Churchill's warning of a pos
sibly longer European conflict than
he had expected. This lessened ap-
prehension over reconverSion prob
lens and revived hopes of heavy
transportation activities for some
time to come.
The forward m ch stalled
Thursday under profit cashing and
selling was sufficient to hold the
line Friday although the sugar
group was given a whirl on re-
newed talk of Washington even
tually knuckling down to higher
rates demanded by Cuba and Por-
to Rico for this staple. The steel
wage boost chilled stocks in this
category.
In today's proceedings while
gains of fractions to 2 points ap-
peared after the opening, steels
and motors fingered in the minus
column and many other leaders
showed minor losses at the close.
The Associated Press 60-stock
compete was up 3 of a point at
55.S where it was only 6 under
the 7-year top of July. The rail
average added 5 Of point at
3O.5. highest mark since Dec 81,
1887. of 766 issues registering--
broad for Saturday-363 were up
against 403 down or unchanged.
Transfers of 70565O shares COM
pared with 358,O5O last Saturday
and were largest for a two-hour
session since July %.
In the new high" class on the
day were south Porto Rico sugar,
American sugar, Manati sugar,
Santa Fe, Southern Pacific, South
ern Railway, Westinghouse and U.
S. Realty. On the offside were U.
S. Steel, Bethlehem, Chrysler,
General Motors, Montgomery
Ward. American Can, Johns-Man-
vile, Consolidated Edison d
Standard Oil (NO.
The Wilmington morning star., 1944-12-03
NEW ORLEANS COTTON

NEW OItLGAIV0 DtC. IN
Cotton closing prices were steady
10 to Is cents a bale lower.
The Wilmington morning star., 1944-12-03
CHICAGO POTATOES

CHICAGO, Dec. 2.|R-Potatoes,
arrivals SO, on track 145, total US
shipments $50; supplies rather
light; for western stock demand
good, market firm at ceilings; for
best quality northern stock de-
mand moderate, market firm;
Idaho Russet Burbanks, US No.
l, 3.51-3.52; Nebraska Bliss Tri-
u7nphs, US No. l, 3.39; Maine
Katahdins, US No. l, 3.25; Michi-
gan Green Mountains, US No. l.,
255; Minnesota and North Dakota
Bliss Triumphs, commercials,
2.445-2.6o; Cobblers, commercials,
2.55.
The Wilmington morning star., 1944-12-03
SPOT COTTON

NEW ORLEANS, Dec. 2.-RE
Spot cotton closed steady unchang-
ed. Sales 1,436. Low middling
1850; middling 21.25; good mid
ding 21.65. Receipts 1855. Stock
228.2 99.
The Wilmington morning star., 1944-12-03

oAOSxAo AN AAAAI M
NEW YORK. Dec. 2-P)-Sales,
closing price and net change of the
fifteen most active stocks today.
U S Real and Imp. 25,700 3as
A rs.
Nat Pow and 1t 1900 ia A Is.
WHY'S Over 1920 1915 A 70.
Ill Cent 1880 1895 A III.
Gen Real and Ut $4,000 AS A Is.
MINI St P and SSM B 1860 ~
D h.
NY Central 49, 500 1915 A Y.
North Pac 11,70O 10 A rs.
South Ry 10000 29B A 70.
Anaconda $500 281s A Is.
Manati Sug $500 9 Y A II.
Blaw Knox 7,700 113s A ".
South Pac 1900 3512 A ".
Bait and Ohio 7,1O0 9 A IS.
The Wilmington morning star., 1944-12-03
CHICAGO GRAIN

CHICAGO, Dec. g. R Corn
plunged as much as Ia cents,
rye lost up to a cent and most
other contracts dipped fractional
" in dull grain futures trading
today.
All markets were irregular, re-
fleeing the nervousness of shorts
and fear of heavy tenders of cash
grain on December contracts.
December rye, which broke as
much as two cents near yester-
days close, opened l 7-8 cents
higher. The bulge brought out ag-
gressive selling and practically
all the early gains were lost. Com
pared with the nearby delivery the
IofarrnI NM
The Wilmington morning star., 1944-12-03
CASH GRAIN

CHICAGO, Dec. 2.-R-Wheat,
No. red, III 7-8 nominal.
No corn.
No oats.
Barley, mailing, 1.18-1.37 10
nominal; feed, 9O-1.10, nominal.
No soybeans.
Field seed per hundredweight,
nominal: Timothy, 6.25-6.5O; red
clover, 31.50; alsike, $3.50.
The Wilmington morning star., 1944-12-03
NEW YORK COTTON

NEW YORK, Dec. &P)-The
cotton futures market turned
steady in late trading today on
weekend covering and mill buying
which encountered only scale up
liquidation and hedge selling. The
market earlier had declined as
much as 40 cents bale, influence
ed by continued liquidation in the
December position. The spot mar
ket was quiet.
Futures closed unchanged to 20
Cents a hala l0Mer -. !,
The Wilmington morning star., 1944-12-03
STOCKS IN THE SPOTLIGHT

Nominal.
Proletarec. [volume] (Chicago, Ill.) 1906-19??, 1944-02-23
Invitation to Britain

assistant Attorney General Wendell Berge came into the open a
teW Gays ago With one If the most challenging invitations of III times
IN a n ADDRESS at Washington he urged Great Britain to Join with the
unned states to destroy international cartels. Generally speaking, the
BRUSH been less alive than Americans to the menace # Theses
private international supergovernments which war onsume
everywhereby parceling out markets among themselves, killing com
peuuon restricting production, SO that the profits Of a few corp
rations "a be high But Mr.. Berge notes hopefully that American
attacks on cartelism have been gaining some popular support in Britain.
and more in Canada.
n is a lead from the United States of which we should be proud.
u may DC, as Mr.. Berge contents, that International cartels can't live
Il American corporations are obliged to stay clear of them Bit for II
70 st u TO bust the world trusts single handed (even assuming that
We Try IT, wouldn't backside into supine acceptance of u "
monopoles) would be tacklng the job the hard way. 1t ought to be
q principal task of the permanent United Nations organization. And the
"alace) can win in the British Commonwealth, the greater will be the
chances of success.
Last Tuesday Richard Law, speaking IS minister of state in the
BRUSH goVerment,declared that al exclusively Anglo American mill
allance would be undesirable 1t would, he said. rn serious risk
II eVoklng counter-aLiances-whic was putting it mildly With that
TAR almost all America will agree. But the peoples of the British Com
monWealth m America also know that ties of tradition, blood and
language facilitate cooperation between lis. There are few if any more
fruitful spheres in which we could exercise this cooperation, for our
oWn gooo and that IT every people, than in uniting to smash the cartels
The Chicago Sun.
Proletarec. [volume] (Chicago, Ill.) 1906-19??, 1944-02-23
MR.. GRACE WILL GET
IALONG ON ONLY
$4,000 THIS YEAR

NEW YORK, N. y With lots
of publicity, Pres. Eugene c. Grace
of the Bethlehem Steel Corp. an
nounced that he and other execut-
i've officers of the company had
volunteered to give up a large part
of their incentive pay in 1914,
also in 1913.
The reduction amounted to So
percent for Grace, who made $751;
724 a year. Now he is going to
make only $221, 645-giving up all
the rest of his salary and special
incentive pay to the company.
Bethlehem Steel's profits for
1943, after taxes and other deduc-
tons, was $50, 124, 592, compared
to $25, 900, 900 in 1912.
Proletarec. [volume] (Chicago, Ill.) 1906-19??, 1944-02-23
Roosevelt Carries The Ball

We notice that Secretary of War Stimson has become the whip
ping boy" of certain groups who are opposed to a labor draft law but
who n determined to boost for Roosevelt, come hell, high water or
slavery.
Soon after President Roosevelt made his bid for a national service"
act which would enable the administration to order workers into the
service of private, proft-taking owners, Stimson came out with a state
nent pleading for such a statute. And that gave the Roosevelt followers
their opportunity. Ever since then fuehrer-conscious laborites and
liberals have been pecking dainty at the Stimson hide and seemingly
forgetting all about the presidents connection with the idea.
We don't know, of course. whether Mr.. Shmson and his chief
planned it that way" 1t may be, of course, that the Secretary of War
was at once S o sincerely in favor of the labor draft and 81 deeply con-
WINGED that the president must be protected from labor criticism that he
willingly placed himself in the line of fire.
Be that as it may, however, the manner in which Stimson is being
apostles of democracy who were pathetically eager of the chance to
shoot at a lesser target than their Commander in Chief.
Well that is not the way we want it. We are not going to be be-
guided or befuddled into forgetting that it was Mr.. Roosevelt who first
carried the ball in the game to impress workers into the service of
protlt-takers. We are going to remember that MI. Stimson was merely
running interference in the game.
1t is easy to believe that ladies and gentlemen who have been
riding the Roosevelt band wagon down the middle of capitalismfs high
way, to personal advantage, must have been let down and planned to
tears when their hero suggested a way of life S patiently at variance
with democratic concepts.
But The pain OF such a slap is no reason for sefdeception Or for
pmolng ones sf to the facts. We want everybody-and especially all
Workers-to remember that the labor draft suggestion is RooseveIts
not StImsons. We insist upon that, not because w e object to F. r. getting
away with yet another little error, but because we know that leader
following and MISUNDERSTANDING bars the road to the independent labor
action IN all fronts that, alone, can free the world from the constance
menace of poverty, insecurity, exploitation and war-Reading Labor
Advocate.
Proletarec. [volume] (Chicago, Ill.) 1906-19??, 1944-02-23
PEOPLE SHOULD GET
GOODS THEY PAID O

When the war ends, it is estimat-
ed, the government will have on
hand vast stores of property, per-
haps as much as so billion dollars
worth. Disposal of this surplus in
an orderly manner will be n of
the most important problems of the
reconversion period.
Since the people paid for these
materials through their taxes, any
benefit that may be derived as a
result of their re : distribution
should go to the people. But that
won't happen if plans of large bust
ness groups are given consideration
by Congress.
1t is necessary only to recall
what occurred after the last war to
anticipate what will happen this
time unless Congress sets up ade-
quate safeguards to prevent these
goods from falling into the hands
of pr~ofiteering spectators.
That goes also for the % billion
dollars worth of plants which the
government constructed and owns,
but which industrialists insist s1afI
be destroyed or turned over to
them for a song.-Labor.
Proletarec. [volume] (Chicago, Ill.) 1906-19??, 1944-02-23
On Seeking Office

eau socialist trade unionists ire active members of their m-
io nns' n care about the decisions made and the actions taken. thew
Id themselves in the position of spokesman for general progress
sve forces. This natural development. which is undoubtedlv inffuonco5
ny 1e 0acK-ground OF knowledge and values supplied these treda
unlonists by the Socialist movement, often leads to the nomination of
SOCIALISTS candidates for the various union offices.
When these nominations are made, Socialists usually accent and
we urge them to try for election, because of our party's belief in res
ponslole participation in the economic organizations of the working
people. socialists do not believe that they can be vigorous spokesman
Tor a general group of trade union principles and vet never accent the
responsibility for leading their unions on the basis of these principles.
Ihs does not mean that the Socialists chief interest is in being
elected, or that his only reason for being active is to wn attention 60
that ne may be elected. His chief interest is the principles and ideals
of Socialist trade unionism. To be a candidate IN terms which moon,
abandoning lis principles is something he will avoid.
Unfortunately, in the atmosphere of power politics which exists
IN 81 many unions, this simple approach is not ALWAYS s. simple The
Socialists job is made more easy by the fact that he is not afraid of in
VolV1ng tn a and file in his campaign, since he has N tight and
closed machine to perpetuate for powers sake alone, and "a welcome
the support and understanding of more people. This desire and ability
to involve more of the trade union membership in the affairs of their
unions SIS one of the biggest sources of Socialist influence in our labor
novement-W. B. in The Call.
Proletarec. [volume] (Chicago, Ill.) 1906-19??, 1944-02-23
PLAN
is CALLED A FAKE

What is the 14-day PaImolive
plan?" You've heard that query
over the radio, but the answer
given recently. by the Federal
Trade Commission is not the one
volunteered by the announcer of
the Colgate Conn
pany.
The public is told that use of
Palmolive soap for IA days will
make you as good looking as a
movie glamour gal, but faint SO,
the commission declared. Neither
will the use of Palmolive lather or
bruShless shave cream make men
look younger, the commission said.
The company is charged with
Misrepresentation in its advertis-
ing, on the radio and in newspapers
and magazines.
For example, the commission de-
MES a claim that olive oil which
goes into the soap is of the edible
variety, contending that the COM
pany uses what is Known as "olive
oil foods"-the result of chemical
treatment of the crushed pulp and
pits, which is inedible.
Palmolive soap will not insure
a beautiful skin nor avert the con-
sequences of advancing age" the
commission said.
The commission also takes a fall
out of Colgate dentrifices, assert
ing the company mas falsely repre-
sented that its dental powder and
cream will make the teeth bright
and sparkling because of its .'spe-
cial penetrating foam"
The commission says that .'spe-
cial penetrating foam" is only soap
suds favored with aromatic oils
and won't do what the radio an
nouncer says it will.
Proletarec. [volume] (Chicago, Ill.) 1906-19??, 1944-02-23
THE QUESTION OF TAXES
OTHER ISSUES


balance of seventy billions.
But if Mr.. Wilkes idea prevails
there will still be a matter of sixty
billions of dollars that the tax bill
will not cover.
Ponder the above figures and
you-may begin to suspect that what
Congress, the President and Will
kie r all thinking of when they
talk about taxes is not how to win
the war, but how to finance it.
And it is on that point that
Americans can disagree without
any danger whatever of having
their patriotism or their interest in
the war effort brought into ques-
ton. For RESULTS, not methods,
is the test of merit.
1t is, therefore, with nc qualnls
that I present the Socialist pro-
gram, full and complete, as the
very best way of meeting the needs
of the present war.
I would not hedge on a single
sacrifice. l would put the boys first
at the receiving line and share the
second table with my associates
here at home.
But I would do it by a method
that will leave the American peo-
ple-with irreplacable losses, to
be sure-but with no debt for the
future generation to worry about.
That is what Socialism offers.
For Socialism would make the
means of neutrality-suspicious. the
property of the people. 1t would
produce abundance for whatever
USE common welfare demands.
But Socialism would not make
any provision for the payment of
a single cent of profit to the peop-
pie who now own the industries in
which the needs of the home front
and of the war front are produced.
Socialists are mot interested in
creating debts. Above all, they are
not interested in preserving a fin
ancial system. They are interested
in winning-and thus ending-the
war. And they have the program
for supplying the goods in a man
ner that will not impose upon
future generations the obligation
of paying all over again for the
things that this generation is now
producing and paying for with
their labor, their sacrifice and their
blood.
Proletarec. [volume] (Chicago, Ill.) 1906-19??, 1944-02-23
Blame Ruml Plan for Headaches

Americans who are moaning and groaning over the COM
pexities of their income tax returns should place the res
possibility for their plight where it belongs.
They are paying one of the penalties of the ubiquitous
Ruml Plan, which not only handed the rich a tax present
mounting up in the billions, but so muddled the Federal in
come tax provisions that even experts are baffled in trying
to figure them out.
Hundreds of thousands OF taxpayers will have to go to
the extra expense of employing assistance in compiling
their returns. Hundreds of thousands of others will not be
certain wheter they are overpaying or paying too little, and
they will never feel sure that at some future time the tax
authorities will not call them to account.
The Treasury Department is not responsible for this
confusion. The blame rests with reactionaries in Congress
who voted to forgive" wealthy corporations and individuals
IS per cent of the debt they owed their government.
LABOR pointed out at the time that the little fellows
would pay for this worse than fOlly-and the headaches they
now experience are only part of the price.-Lan.r, Wash
ington, ID. c.
Proletarec. [volume] (Chicago, Ill.) 1906-19??, 1944-02-23
RAIL TICKETS SCALPER
CLEANED UP $500 DAILY

NEW YORK. = In its drive
against the black market in rail-
road tickets the government has
unearthed an operator who has
made an average of $500 daily
through overcharges of $40 and
more for reservations on trains to
Florida.
Harry Craig Cooper, president of
the Century Travel Service, was
arraigned in Federal court on 80
counts, including conspiracy.
A new city ordinance limits
agents fees to 81 a ticket, and
District Attorney Frank S. Hogan
said every efford would be made
to enforce it.
Proletarec. [volume] (Chicago, Ill.) 1906-19??, 1944-02-23
WHY RUN

Wife dramatically, looking up
from novel she is reading-My,
how thrilling! Tell me, George,
what would you do if you suddenly
saw another man running away
with me?
Husband (thoughtlessly) - Ed
simply ask him why he was rum
ningl
Proletarec. [volume] (Chicago, Ill.) 1906-19??, 1944-02-23
Heating by Suns Rays

The War Production Boards Of
flee of Research and Development
has contracted with a western uni
versity to develop solar heating
to a practical basis. The idea is to
store sun rays in the basement
during the summer against winters
cold.
Proletarec. [volume] (Chicago, Ill.) 1906-19??, 1944-02-23

MANNER OF SPEAKING
Pete-I hear you're in the iron
and steel business these days.
Sam-Sure. Me wife irons and
/ steals.
Proletarec. [volume] (Chicago, Ill.) 1906-19??, 1944-02-23
To Continue After War

Though there are indications
that, though cartel and monopoly
restrictions have been partially re-
moved during the period of active
fighting" Kilgore declared, cartel
and monopoly thinking and plan
ming have continued to thrive"
A significant chapter of the re-
port details at considerable length
the program of the monopolists to
continue and extend cartel arrange
ments at the conclusion of the war,
regardless of any action that may
be taken by this and other govern
ments.
Proletarec. [volume] (Chicago, Ill.) 1906-19??, 1944-02-23

thought given and too few COM
ments made about Mr.. Wendell
Wilkes demand for a higher tax
level. Was it twenty billion dollars,
that Mr.. Willkie mentioned? Never
mind. 1t was more than anything
SO far suggested by even SO robust
an advocate to taxes as Secretary
Morgenthau. 1t was about ten times
what Congress actually has voted
to take away from taxpayers in the
current year and twice what Presi-
dent Roosevelt is mentioning.
Moreover, Mr.. Willkie elaborated
| upon his fiscal ideals. The American
people, he suggested, must do more
actual sacrificing. The standard of
living is too high. We can't supply
the home front with all it is getting
now AND do full justice to the
battle front, Willkie believes and
says.
BY hitching his plea for higher
taxes with his comment about liv-
ing standards and greater sacrifices
Mr.. Willkie gave working people
something to think about. He was
, talking AT them, make no mistake
about that.
For, be it understood and remem-
bered, if the problem is one of
taking supplies away from the
home front to send more to the
battle front, then it MUST be the
workers who will be soaked - for
the easily-understood reason that
the members of the National ASso-
station of Manufacturers are so few
in number that they could c~onceiv-
ably consent to starve to death
without creating any important in
crement in the amount of goods
available for our own and allied
fighting men.
No, Mr.. Willkie isn't suggesting
that the rich be soaked. What he
wants is that all of us be taken
down a few notches. He wants us to
have fewer of the necessities and
very few of the luxuries of life.
That's the main idea. The tax in
crease is merely the manner in
which he would accomplish the
purpose.
Since few Americans will hest
tate to make whatever sacrifices
are necessary to give their fighting
relatives whatever supplies are
needed, living standards will not
be made an issue in this brief dis
!. cussion.
However, it will always be in
order to discusse the MANNER in
which the division between fire
side and firing line shall be eff
fected. And SO it is proper to ques-
ton whether even a tWenty-billion-
dollar tax is the proper way to do
the job that needs to be done right
now,
What about the tax bill advocat-
ed by Willkie?
If we compare it with the ten
billion asked by Roosevelt, then
the president is a piker. If we COM
pare the two billions favored by
Congress with either the president
or Mr.. Willkie, then our congress
men are pikers.
But if we compare the taxes adj
vocated by all three with the actual
cost of the war, then all of them -
Congress, Roosevelt and Willkie-
are pikers!
Look! The war actually costs
about eighty billions per annum.
And so -
If Congress prevails there will
still be seventy-eight billions to
find in some other way. If Roose-
welt has his way there will be a
Proletarec. [volume] (Chicago, Ill.) 1906-19??, 1944-02-23
No Protest by United Nations

All this has taken place without
protest by the United Nations,
which have neither blacklisted the
cartel firms in neutral territory nor
ordered seizure of their property in
United Nations territory, the COM
mittee said.
The committee report contained
a statement by the Justice Depart
ment showing that strategic mill
tary information about allied in
Proletarec. [volume] (Chicago, Ill.) 1906-19??, 1944-02-23
CHILDREN'S ACCIDENT
DEATH TOLL UP

CHICAGO. Accidental deaths
among children have increased
during the var period, the Nation
al Safety Council reports.
In the home, there were 1900
more deaths in l943 among child
rem under five than in the pre-war
year of 1941-a rise of Is per cent.
In the S to 14-year group, the in
creas in home deaths was almost
400, or ID per cent.
Fatalities among children in pub
lie places, other than in traffic, in
creased by 900, or 81 per cent. Most
of this increase-50O, or "a percent
was among children 5 to II years
old.