davidaulloa/AmericanStories huggingface dataset:
Detroit evening times., 1945-07-17
Sedboard Deal
Approval Given

NEW ORLEANS, July 16-The
L. S. Fifth Circuit Court Of APP
pealS al New Orleans rejected a
equeSt by intervening bond
holders for modification of an
order under which All Florida
Lines was purchased in reorgani-
zation of the Seaboard Air Line
Railway Co.
All Florida Lines, which formerly
had been operated under lease by
Scaboard, was sold Sept. ], 1914
to Scaboard Railway Co, which
was reorganiZed by the Scaboard
reorganization committee for So
$4,000 the appellate court said.
The court said the intervening
bOndholdcrS had made II clear
that they were not attacking the
sale price Of the All Florida Lines
As unfair but were seeking 10
obtain "A fair distribution of the
properties for all bondholders.
The opinion stated that there
was no abuse of discretion on the
part Of the district Judge IN deny
inc the motion for modification.
without ircjudiCe To the right TO
renew il. since the decree recog-
nIZed the interVenorS claims 10
the extent Of increasing the value
of the property Sl700,0O0 because
of earnings.
Detroit evening times., 1945-07-17
lax Preferences Created Artificial Argument

OF course the electric light and power hed preferences
have created artificial for private
operation The however of the publicly owned
properties luSoTy, for under such ownership the utility is
relieved whole Govern
then other for the add
ing TO the burdens OF those remaining on the tax rolls
In face e postwar world fuX the
United States been disposed tariff and financial ADJUST
than before the initiative
of foreign competitors For example with the department
under the newly extended reciprocal tariff act authorized to
tariff schedules from the 1884 level the
be left without efforts of foreign interests
dollar exchange through dumping competitive merchandise
OF colectlyzcd If II chooses sell
modify cost deti other directions
Even private enterprise it has been
feasible where Carc been legal for
combines sell CuttOat and losses
the home market with the of Over
by would plain
Detroit evening times., 1945-07-17

AlIOcatelI

NEW YORK. July 16-Seven
surplus transport planes have been
alloCated TO domestic and foreign
air lines by the surplus property
board IN the fourteenth ALLEGATION
OF this kind.
Transports include five of the
Douglas DC-3 and 2 of the Lock-
heed LodeStar type. Three of the
former were aircraft which had
been rejected by airlines TO which
they were previously assigned. the
other two were recently declared
surplus, the board said.
-Four domestic lines, Northwest
AirlineS, Inc. Delta Air Corp.
Pennsylvania Central Airline s
Corp, and Eastern Air Lines. Inc
each received one DC-3 type and
the fifth went 10 Taca Air
ways, S. A.
To date l63 Douglas DC-3 type
transports have been allocated
with domestic airlincs receiving
l03 and foreign alrllneS so.
Detroit evening times., 1945-07-17
Not Disturbed

Whisky diStlllerS AS Yet are
not undufy disturbed by the
recommendations of Secretary
OF Agriculture Anderson 10 cut
off supplies of grain 10 dis
ullerS after this month.
They point out that most OF
the corn used is Of grade not
suitable for feeding stock and
that the reSidues after diStllllng
produce a good quality Of feed
from this low grade grain
II the grain situation should
become critical, distillers would
again resort TO rationlng be-
cause they could not allow their
aged stocks TO be entirely con-
Sumed leaving nothing TO be
used for blending
However, diStlllerS believe
that the peak of war demands
for alcohol for synthetic rubber
and other purposes Will be past
long before their inventory
situation becomes really critical.
Detroit evening times., 1945-07-17
Cuba DrouQ1t
Worst in 86 Yrs.

NEW YORK. July 16-Cuba is
suffering from the worst drought
n-S6- years, the Offiee-ef Foreign
Agricultural Relations ports.
Cable adviCes 10 the agency state
that the drought, still unbroken.
ls endangerlng the islands 1916
sugar production and the general
food supply The dry weather
damage may be largely offset
should the usual plentiful summer
rains begin soon.
The 19i5 sugar crop is cSti-
mated at a million tons less than
II would have been with normal
rainfall New cane growth has
been delayed as much as two
months and much planted has
failed TO germinate Food crops
and livestock and milk production
have suffered severely.
Detroit evening times., 1945-07-17
Louis 10 Play
In Foursonne

One Of the mchUsh's Of Tho Joe
LOUIS Open scheduled for July IL
70 A. Rackhan golf course viii be
on lS-hole exhibition best ball
match Tuesday. The principals are
Chuck kOCSiS and Al NatrOuS
against Joe Louis and John Dcndy
pro entry from Ashevllle. y G.
This event WAS one OF the fca.
tuc, Of the 1871 tournament an0
the Two kocSiS brothers Chuck
and Emmeuck teamed UP 10 lose
. down 10 Clyde Martin. winner OF
the 1871 meet ann California :
Howard Wheeler 50 Chuck has q
score 10 settle because some i'm.
lor'an' sugar va, cropped on
Inc match.
rrr-rrt1-e round 0f
,5-'hrec o'ct par on tBe RaCkham
layout Frldd, The dsy he arrived
Detroit evening times., 1945-07-17
Cdpper Halls
New Charter
By ARTHUR CAPPER
L. =. Senator from Kansas
Special to IHE DETROIT TIMts

WASHINGTON, July 16-The
Senate committee on foreign rela-
tionS has spent a busy week. We
have been holding public hearings
on the United Nations Charter.
When | say open hearings, mean
the hearings were open 10 the
public. not only as an audience,
but also as witnesses.
The Versailles conferences, after
World War |, were q e c i d 2 d y
secret. Neither Congress nor the
people were given any opportunity
10 learn about the proceedings. or
what was in the covenant. until
it was completed. Then, the
covenant was sent TO the Senate
with the demand that II be rati-
fled without changing 1t in any
shape.
This time the matter has been
handled much more lntelligently
and fairly Members Of the Sen
ate committee on foreign relations,
of both political parties, hsve been
consulted constantly by the state
department in the various stages
of the proceedings.
The most important reSerVa-
tion made by the Senate IN its
consideration of the League Of
Nations Covenant was the one
which preserved the right Of the
United States itself 10 say
whether L. s. forces should be
used to enforce decision of the
league in dealing with an ag-
grCSSor
If President Wilson had been
willing to accept that one reSer-
Vation (the others were not really
50 important, but were much
along the same linel, | believe it
is generally admitted now the
League of Nations covenant would
have been ratified.
was one of mare than 30
senators who voted for that rcSer-
vation, but President Wilson was
adamant against any changes OF
reservation TO hIS League Cove
nant And il was the admnlStra-
tIolts forces of President Wilson
that refused. on the showdown. to
ratitN the League Covenant with
the reservations. That j. history
Detroit evening times., 1945-07-17
Warn Sugar
Supply Low

WASHINGTON July Civil.
ian supplies Of sugar for homes
and industry for the last three
months of this year may drop p
per cent under the low allotment
for the current July-September
quarter.
This prospect was disclosed by
food officials as reports came 10
the agriculture department and
the Office of Price Administration
that retail stores in some parts Of
the country haze -run-nuI OF sugar
and are unable 10 honor ration
coupons.
The supply situation was said 10
be very tight IN many sections
east of the Mississippi River and
IN Texas and Oklahoma. 1t was
described AS somewhat easier west
of the Mississippi.
Detroit evening times., 1945-07-17
ATT Gains,
Market Dull

NEW YORK. July Is up
American Telephone capital shares
rose more than a point in fore
noon trading today and prices
hardened throughout the list in
reflection of new investment de
mand.
Trading slackened 10 the slow
est pace since last April 10 with
first hour turnover at rate of
less than 100000 shares for a full
session.
With AT&T up IL points TO
lSl ,, gains of point or more
were noted for Amerada Corp.
Hercules Powder. preferred, CroS-
ley Corp. and Distillers Corp-Sea-
grams. .a
United Airllnes. Swift Interna-
tional. L. S. Steel and Atlantic
refining were up fractionally.
Santa Re slipped a small fraction
as II was reported directors on
July 26 will consider extension of
the lines service into st. Louis.
Chrysler dropped almost a
point in a dull motor group.
Detroit evening times., 1945-07-17
What S New
In Business
By WARD SCHULTZ

The National ASSOCIATION Of
Insurance Commissioners VIII
mold H. next Semlannual meet
INC in Grand Rapids Dec = 70 )
inclusive. according 20 word re-
cei>cd by David A. Forbes,
Michigan insurance commits
sIoneT.
\ voluntary organization
whose membership includes M
SuranCe commissioners from -
states and the District oi Co
lumbla, the ASSOCIATION has
tradluonallN assembled Tor us
winter meeting m New YORK
CitN. THIS year, however. VAL
time travel conditions made a
more centrally located meeting
place desirable Forbes who is
a member of The association 5
executive committee. suggested
Grand Rapids. and his invita-
ton was accepted
The Importance OF the work
which will confront the aSSocia-
tIon AZ the December conclaVe
drew special permit TO hold a
convention from the Office OF
Defense Transportation. Mem
eefs ntH attempt at this meet
mE 10 lay = basis for uniform
state compliance with the fed
r-5t act. passed during the last
session Of Congress. which re-
quircS states 10 give the public
anti-truSt protection in the IN
SuranCe field.
The association has met twice
before IN Michigan during It's
73-vear history. About 500 will
attend the meeting which Will
convene at the Panthnd Hotel.
Detroit evening times., 1945-07-17
Assault Case
Verdict Near

BAY CITY July Is With
hrset--fteHf- vTytiTy m his
hands Police Justice David r
LOUIS said today that he viii
render decision tins week IN
tho assault and battery case
against Fred : Wackcr. 43 ac-
cuScd Of driving through a picket
line
WackCr assistant general man
aCer Of Bay Manufacturing Co. IS
accused OF injuring a police Off
Ger and three women with his
car June S during q strike AT the
plant.
Detroit evening times., 1945-07-17
Extend Purchase Date
For Cros|ey Stock

NEW YORK. July 16-Aviation
Corp has extended 10 Aug. Is
from July Is It's offer 10 purchase
the outstanding shares Of tho
CrosleN Corp Al $50 share.
Victor Emanuel, chairman OF Ava
ton Corp. has advised Crosley
stockholders.
Detroit evening times., 1945-07-17
M. S. Rukeyser
Sound Economy
Aids Free Enterprise
InL..naILan.I N.~. s.,Ale. lcenan,l. camn,.nt.la,

of the private enterprise system weakened by
failure the conditions and
a lourishnG economy.
In other countries experience has shown tendency TO turn
government ownership OF trouble and collapse
For example the Dominion Of Canada
railroad business World only credit
companies whose lines Canadian Ma
tonai Railways, had their financial credit impaired
Naturalization OF coal mines Great Britain part
mONated by labor Cond But took
the natural private
there has not been labor disturbances This should
be borne mind here when disturbed labor relations
used for of industries
Detroit evening times., 1945-07-17
Blue Cross Hit

While the hospital service
plan commission, Co-ordlnatlng
agency for 81 Blue Cross plans
of the Unit Q q States and
Canada. last week was busy set
ting up a national enrolment
office so that natl iona en-
ployerS could cover all plants
from a single office. Blue Cross
rebellion was under way here.
At least one hospital with
drew completely and others re-
portedly pres ente d An ulti-
matum
Because. they charge, Blue
Cross payments do not cover
hospital costs. rates Will have
10 be increased OF else
Detroit evening times., 1945-07-17
Archer Plans
Stock Spliiup

ST PAUL, July 16 Archer
DanielS-Midland Co, directors
have voted to increase authorized
common Stock to 100000 shares
from 10000 The proposal Will
be acted upon by holders Of record
July 21 at the meeting IN Min
neapoliS Aug. Is. There are now
issued $40, $40 shares of stock.
T. l.. Daniels. vice president, eX-
planned that the share increase IS
to enable the firm 10 create a
stock split up in such a manner
that the present holder of one
share will receive two additional
shares Of common.
Detroit evening times., 1945-07-17
EXPLAIN PROBLEM

The nations sugar problem may
be stated this way
Food officials estimate that ci-
villains with present incomes
would buy about 100000 tons OF
sugar this year at current prices.
The available supply-from do
mcStIc production and imports IS
expected To- be about 100000
tons. Thus there is an overall
shortage Of nearly 100000 tons.
The civilian supply includes allot-
mentS for bakers. hotels. rcStau-
rants, soft drink makers. candy
and other indus
trial users.
Officials estimate that world
supply is about S,00O,OJ0 tons
short OF world demand
Detroit evening times., 1945-07-17
B. 6 0. Seeking Bids
On 1000 Hopper Cars

BALTIMORE. July l6-Roy p.
White. president of the Baltimore
and Ohio. announced today that
bids had been requested on from
1000 10 1000 steel hopper cars Of
50-ton capacity and standard AAR
design.
Detroit evening times., 1945-07-17
Former State Man
Dies in B-29 Crash

ALBUQUERQUE y ". Jul,
is CUP Thirteen mon were
Fiied and ono Was injured TODAY
when 2 B-@9 SupcrortreSs from
Kirkland Field crashed near here
u. Nyron Seeder. formerly Of
Gables Mich Was among thc VIC
tins.
Detroit evening times., 1945-07-17
Radio Trucking

Radio control Tor the truck
trailer carrying important loads
over the highways of the coun-
try has passed the experimental
stage and promises TO become an
important aid in dispatchlng
motor freight.
Detroit evening times., 1945-07-17
Machinery May Only Postpone Dollar Needs

OF the theoretical this is that
under the Breton Woods foreign countries will be
relieved Of desperate need dollar Certainly the
financial contemplated will at least for
vide dollar exchange those desire
each foreign country viii unlimited Thus the
financial machinery have only
needed by specific
Detroit evening times., 1945-07-17
Pittsburgh Steel Dips

PITTSBURGH JuI, 16 Stool
ingot production in ihI, Gi,rre' p.
scheduled in start Ncndat stF7I i.
per cent. drop 81 one point From
thls weeks. schedule .r4'c Trc
rate ? month sso Was 9n pcr cent
and year ago % per cent.
Detroit evening times., 1945-07-17
Sees Double Standard Set for Theorzinq

There to be double standard contemporary theorz
ing Al home, there inSStence unmigated competition
businessmen whereas dealings with foreign
there the thought that tenderness should
the competitive struggle
If foreign businessmen domestic
there will be growing need all equal plane
IN respect TO costs and regulatory restrictions The contemplated
freedom of
issue n form
Detroit evening times., 1945-07-17
OUTLOOK BAD

Civilians bought about $500. 700
tons of this years supply during
the first six months. An additional
| $50, 900 tons was allotted for the
current quarter. leaving less than
1,OO0.00 tons for the final quarter
unless additional supplies are OBJ
tanned. Prospects for new supplies
which could come only from
Pacific areas now dominated by
tho Japanese -or-1Lnm The Philip
pines were described as unfavor-
able
Officials explained that II should
he possible TO get by on smaller
last quarter allotment because the
canning season viii be out of the
way by then However, in the final
quarter Of 1914 civilians obtained
I 1913 900 tons
Detroit evening times., 1945-07-17
u. ). Steel 10 Decide
Dividend on July 81

NEW YORK. July 16-U. S
Steel Corp has notified the New
York Stock Exchange that the
amount of the dividend, If de-
clsrcd on preferred will be deter
mined at meeting Of directors 10
bC held ON July 81 Dividend VIII
he payable Aug % 10 stock Of
record Aug y
tnAHO rOwIR 60
T7stf months enasd Jpns 80
N,t incom, fi.aa335s si.37o.s4s
Detroit evening times., 1945-07-17
Kadison Manager
OF Meyer JeweIrY
Appointment of Elliott Il. Kadi-

son, formerly
W il h Reliable
Stores Corp.
as &c n c r a !
manager Of the
Meyer Jewelry
Co. : store S,
has been an
nounced. Kadi-
on h as a
b r o a d back
ground i'm re-
tail merchan-
d in & a n d
store manage
sxaA..N
Detroit evening times., 1945-07-17
Earnings
NtIHII sON MkNII WOLFE !

NAIHii NON NLktit WORMS t>C
SR months ended June So
Io4S fa44
So p.~hf S69I SIS ,57slS9
Common shsrf earned set hdt
QIs-ff. ended f.ro 30 I'll
hr' gr-tt tH24 90 Sass say
Common share Games IA. zoo
ANTRtCAN ~ ROpIAN SICIRTTIIS 90.
Rf1rLfE Net a .sf-A
June 30 i4fo De- t' 4ff
So s.r.r "a 9f0 nff Hfl ilS 49f
fr. common rrsrr $50 u ." "SI- -
common snare ralre- e q s2Is
RTADINc 60
r74r f0at
f-' nov .n.r~r So ros t-fs StR
~nrtrs ~Ff trr th27s Ia s1n4e nat
Common shaf, esdnsa 1l4a ST. "a
Detroit evening times., 1945-07-17
Majors
Prospect

KANSAS CITY, July Is CUP)
Major league talent scouts are
casting CovetouS glanccS in the
Of Minneapolis outfield
star, Henry Nowak The reason
is that HammerIn Hank is treat
inC tho elite OF the American
Association pitching as If they
were country cousins
The quiet. easy going Mlnneap-
OILS maulcr went on batting
spree last week that had league
NtatIStlClanS scratching their heads
IN Vondorment Hank went 10 tho
plate }6 times arid Int safely -
tunes for the sensational average
ot .b9i
Detroit evening times., 1945-07-17
HAVE TWO TYPES

nus We Dane N''I ..thfi.H~
f4tlou m TWO senses tl' U8UK
deposits. and nolc> have been eN-
handing faster than goods pro
duced for sale l-I our bank
deposits and notes have expanded
faster than our gold reserves.
These have actually declined
II is somewhat like measuring
the weight OF goods II you want
10 use 10 One-pOund Welg1tS 10
measure eight pounds OF butter,
YOU have 10 make each weight ~
per cent lighter The total weight
of al goods - inflated, II the
number Of pound used Is
increased faster than the number
Of goods 10 he weighed also If the
number of pound weights Is
increased by using pieces of paper
or other objects that weigh less
than the present pound
or course IN measuring both
value and weight the initiation
can become effective only when
the excess OF dollars or of pound
weights Is actually used. either IN
exchanging or in weighing goods
STRESSES 4 POINT
The point | would stress is that
IIgFt now we are multiplying
credit dollars tdepoSits and noteSl
without regard either 10 goods or
10 standard gold dollars. Even II
we some day increase the supply
Of goods. there VIII still be the
problem of gold dollars. Even If
The purchasing power OF paper
dollars in terms of goods were TO
ne increased. there would be the
question, what about the pur-
chasing power Of paper dollars IN
gold?
How long can the price Of bread
90 down when the price OF gold
goes up?
One sure thing is that unless
credit currency paper money! be
limited by maintaining It's pur-
chasing power in gold, or some
similar standard. the politicians
will surely print more Of II, when
ever II seems scarce And when
have people ever had all the
money they wanted
PROMISES TO PAY
II is vain 10 say that by
money YOU mean bank deposits
and government bonds. These
forms of credit are mere promises
10 pay dollars and their value
depends entirely upon what a
dollar is. The dollars they prom
tSe are our real money. II they
are mere paper The bonds or de-
poSits are no better than that
And # so many paper dollars
In the form Of notes OF checks are
ISSUED that there ism enough gold
70 cover them then they depreci-
ale IN purchasing power and prices
have 10 rise.
II L. Just like the red points
iSxtfed by BowtcS. When 50 many
were issued that they couldn't be
paid in meat The government had
20 renege
Detroit evening times., 1945-07-17
BATTING 1863

AZ one stage Of Tho hitting
spree Hank set some KIND OF a
record when he hJt safely litmeS
~ - tips 20 the platter Even
more spectacular was inc fact
that hc hit safely lu consecutive
ume>-llt--apAt ~ = ,-.- l,-.-li- ittte.. ittte. -rerrr-r
scared 30 tho respectable height
OF sos 10 place HIM with tht Top
FIVE hIttcrS IN Tho American
Association Il
Tho handsome "1-yesr-oId Ger
msn-PollSh outfeIdcr hopes to full
hll one ambition this year that
IS 10 20 up 10 the majors
Hank was an All-Oho halthaCk
~ Cathedral Latin High School in
Cleveland but turned down H.
college bids 10 accept An offer 10
play professional baseball.
Detroit evening times., 1945-07-17
Sdys4nfIdtion
Has ! Sides
Nv LEWIS HANEY

Professor Of reoromir, Nv iors ,n'''r''''
one side of initiation. and thc
one that 0, least understood hl
most people Is tbe relation of the
currency To standard money and
what happens when there rs no
standard money
For example, hnd q current
discussion OF the outlook for COM
modify ma.kclS.-Lhc statement
that initiation l> the condition that
arises when tho volume OF money
expands AZ a more rapid rate than
the quantity OF goods supplied In
other words. there $ more money
sroUnd than there are things 10
buV.
But this definition omitS tho
relation between currency and
standard money, one side OF m
flaton Is the expansion Of credit
currency. such as bank notes and
checks. Al more rapid rate than
tho quantity of standard money
-u-n a. cold
Detroit evening times., 1945-07-17

store mana ge-
nnent.
Henderson daily dispatch., 1945-04-12
BARCLAY ON BRIDGE
BY Shepard Barclay
By Chic Young
By PAUL ROBINSON
The Authority on Authorities"

led to tho X Back came the heart
TO be Won by the A. and another
club cleared trumpS A diamond
was led to the A, and the returned
heart fell to the X Diamonds and
clubs then completed the contract.
Notice how West wasted a vital
unit of timing by not .eading a
heart at the start SOuth's freak
ish jump into a club game should
have told him that a spade lead
was futile, especially after East's
free raise of the suit. West had
two tricks in prospect in his dia-
mond A and club K His best
chance to develop another was in
hearts.
Suppose West led any heart De.
Clarer could win then lose a trick
in one minor West could then
lead second heart to the declar-
er When South then lost a trick in
his other minor, there would be
the defense with the setting heart
trick all established and ready to
cash. With three chances to lead.
If all were used in hearts. they
would have paid dividend of the
crucial trick to decide the fate OF
the contract