davidaulloa/AmericanStories huggingface dataset:
The Southern Jewish weekly. [volume] (Jacksonville, Fla.) 1939-1992, 1948-06-11

The appointment of Alvin Bron-
stein as Director of the South
eastern States Region OF the
Council of Jewish Federations and
Welfare Funds was announced this
week by Marx Borod of Memphis
Regional President.
At the same time, Mr.. Borod
announced a decision to move the
Regional office from New Orleans
to Atlanta. This move, which will
take place early in July, will place
the Region headquarters in a CEN
trail position in relation to the
communities of the area.
Formerly Executive Director OF
the st. Louis Jewish Employment
and Vocational Service, Mr.. Bron-
stein has had varied experience
in the social service field.
The Southeastern Region in
cl,,des 30 communities in Alabama,
Arkansas, Florida, Georgia, North
Carolina, South Carolina, Louisi-
ana, Mississippi and Tennessee.
In servicing member commune
The Southern Jewish weekly. [volume] (Jacksonville, Fla.) 1939-1992, 1948-06-11
Mosodo Head
Attacks British
Truce Plans

Charging that the latest British
truce proposal adopted by the
United Nations is consistent with
a British plan to freeze the State
of Israer', Jacob M. Snyder, OF
Philadelphia, National President
of Masada, Young ZiOnists OF
America, called upon the United
States to withhold its financial aid
to Great Britain in view of that
cOuntry's support of Arab agrees
sion in Palestine.
Addressing delegates to the
Middle-Atlantic States Concfave
of Masada in Atlantic City, N. j.
Mr.. Snyder urged the United
States to "stop playing second
fiddle to British diplomacy and
imperialistic desires"
Asserting that there is strong
inconsistency on the part Of the
United States to "prOtect democ-
racy and at the same time lend
tremendous financial support
through the ERP to Great
Britain" Mr.. Snyder urged that
financial aid be denied the
British.
ENGLAND is supporting the
reactionary Arab League" Snyder
asserted, IAN avowed enemy OF
democratic ideas"
Mr.. Snyder also urged tne
immediate revision of the embargo
on shipment of arms to Palestine
in order that "thOse defending
democracy and the United Nations
decision of November 2Sth De
afforded ample protection against
savage aggression"
The Southern Jewish weekly. [volume] (Jacksonville, Fla.) 1939-1992, 1948-06-11
U.N. Commission Adopts
Declaration on Human
Equality

LAKE SUCCESS (JTA)-The
U. N. Human Rights Commission
this week adopted by a vote of
nine to five, with two abstentions,
the section of the draft Declare
ton of Human Rights which
reads:
81. Everyone is entitled to all
the rights and freedoms set forth
in this Declaration without dis
tinction of any kind, such as race,
sex, language, religion, political OF
other opinion, property or other
status, or national or social origin
"2. All are equal before the
law and are entitled to equal pro
lection of the law without any
discrimination, and against any
discrimination in violation of this
Declaration or Indictment to such
discrimination"
The Southern Jewish weekly. [volume] (Jacksonville, Fla.) 1939-1992, 1948-06-11
Miamian Urges Marshall
To Ask $50.000.000 For DIP
Resettlement To Israel

Secretary of State George c.
Marshall was urged today to
request a S5O,OOO,OOO appropri-
alton from Congress to enable
the international Refugee Or
ganization to speed the mass
resettlement of 100000 Dis
placed Persons to the new State
of Israel. In a telegram to
Mr.. Marshall, Stanley G. Myers,
Miami, President of the Council
of Jewish Federations and
Welfare Funds declared that
such action would further the
national interest and would be
IAN act of humanity"
The Southern Jewish weekly. [volume] (Jacksonville, Fla.) 1939-1992, 1948-06-11
xxx Plans
Hate Meet
For JuIy23

The Ku KIuX Khan has just COM
pleted secret arrangements for
"the biggest demonstration in Khan
History, to take place on Stone
Mountain, Georgia, July %, it has
been revealed by undercOver OBJ
servers of the NOn-Sectarian Anti
Nazi League.
Anti-Semitic implications of the
meeting were explicit in the an
nounced nationwide distribution
of 100000 gummed stickers of a
Klansman on horseback with the
legend yesterday, Today, and
Forever" Recently dozens of
Jewish shops in downtown At
lanta were plastered with these
stickers. In sending out the
stickers, Khan officials recon-
mended that they be used to in
timidate Jews, Catholics and the
foreign-born, but cautioned Klux-
ers against putting them on or in
mailboxes, for fear of prosecution
by postal authorities.
In previous meetings of the
central Khan KIavern No. 1, in
Atlanta, it has been proposed that
H. n, UI,,x, KIon cot nm a O0pDn-
mittee to "track down the original
names of Jews who have changed
Names" and also to picket some
prominent Atlanta Jew in a bid
for publicity. Norman Elsas, pro-
prietor of the Fulton Bag and
Paper Mill, was mentioned as a
"Iikely prospect"
Anti-Nazi League officials in
terpreted the projected Stone
Mountain demonstration as "the
beginning of widespread sub
versive drive to terrorize voters in
the coming elections" Klan lead
ers recently announced determin-
alton to elect more men to Con-
gress whose views coincide with
Klankraft".
Exposure of the KKK's "tOp
secret" plan was made June 1 in
a wire to GeOrgia's Governor nj.
E. Thompson from the Nom
Sectarian Anti-Nazi League, sign
ed by Prof. James H. Sheldon,
Administrative Chairman, and
StetsOn Kennedy, COnsultant,
advising the Governor of details
as outlined by Grand Dragon
Green in the supposed secrecy of
his Atlanta Klavern No. 1 on
the night of May 81.
Continued on Page s.
The Southern Jewish weekly. [volume] (Jacksonville, Fla.) 1939-1992, 1948-06-11

ties, Mr.. Bronstein will provide
personal consultation on problems
of community organization, cam
paigning, and social services. The
wide range of CJFWF information
and experience in Jewish COM
munal life also will be made avail
able to communities. -
The Southern Jewish weekly. [volume] (Jacksonville, Fla.) 1939-1992, 1948-06-11
B'NAI BIRTH HEAD ASKS
TRUMAN TO NAME us.
MINISTER TO ISRAEL

WASHINGTON, D. Crank
Goldman, President of B'nai Birth,
has called upon President Truman
ITO strengthen the magnificent and
statesmanlike step he took in
granting recognition to Israel, by
appointing a Minister to that
country"
The Southern Jewish weekly. [volume] (Jacksonville, Fla.) 1939-1992, 1948-06-11
Capital Spotlight
nv CHARLOTTE WEBER
copyright, 1913, JTA, Inc.)
WASHINGTON

While no formal application has
been submitted by Israel to the
h. S. Government for an American
loan the necessary groundwork is
being laid by discussions now go
iug on in the Capital.
Such an application will not be
made until it appears likely that
some lending agency of the U. S.
Government is ready to extend
such loan.
That is the present status of
the reported loan to Israel, which
came to light with the visit of
President Chain Weizmann with
President Truman. DIR. Weizmann
told reporters after his call at the
White House that he had asked
President Truman for an American
loan. Queried by reporters as to
the amount the new state would
like, DR.. Weizmann supplied the
figures of from 80 to 100 million
dollars.
President Truman told his press
conference two days after DR..
Weizmann's visit that no formal
application had yet been received
from the Israeli Government.
When it was received, he said, it
would have to go through the
regular channels.
There are two chief sources of
strictly American financial aid
Dy direct appropriation from Con-
gress or through a loan from the
american ExpOrt-Import Bank.
congress alone has the power to
appropriate money with no strings
attached. In case the state of
israel wanted the money for mill
'ary purposes, for example, it
would have to go to Congress for
All tnings seem to point to the
Export-Import Bank as the most
'OSical source of funds. For one
'nng' observers realized as soon
aS the loan was mentioned-some
.Our weeks before the anticipated
June IS Congressional adjourn
'Hent-that nothing but a monu-
mental piece of parliamentary
strategy. !. pushed with real convic-
.iOn by the Administration could
10. nave gotten such an appropriation
y. va through the Congress. And
:, real conviction the White
,lOuSe may have had about the
:. .vai' seems to have faded with
NC reVerberations from London of
loan. ~ ~
>. Inc loan that is requested by
'"o israeli Government will be
. .'ea for purely civilian purposes
!. ''ement and reconstruction, it
UNDERSTOOD here. While the
Oept OF loan for resettlement
OseS Is new to the Export
haa pOr' Bank, many loans have
o. ~" ana will be granted for recon-
~ ucIlOn purposes. Chief aim of
IN H&pOrt-ImpOrt Bank in max
ha = lOans is to improve a nations
- -. OF payments position SO as
chs simulate greater use and DUR
cO.,S' OF American exports. A
T~, uu'ry that requested an Export
o. S' Bank loan for the purpose
m,. TullOlng a new Capitol building
ersrs ~. not get the loan unless, for
chimp supple they proposed to pur-
Off, AlaDama marble or some
o.n e. American export for the
instruction of ~. h..,,s.
The Southern Jewish weekly. [volume] (Jacksonville, Fla.) 1939-1992, 1948-06-11

above arr
of al
the 70
Mrs ado il
lred Edwards
Hrmma
OF shown
ofIna;R
JNyhCen
The Southern Jewish weekly. [volume] (Jacksonville, Fla.) 1939-1992, 1948-06-11

Published Every Friday
Evening star., 1948-11-14
Stock Prices Steady
After $500, 100000
Post-E|ection Drop
By WiIIiom D. Horqon
Assoeiofed Press Finoneiol Writer

NEW YORK, Nov. 13.-The stock
market found a temporary resting
place this week after $500, ,000, 900
post-election price slash.
That loss in the market value of
all shares listed on the exchange oc-
CURED in three disastrous trading
days. The most recent was last
Tuesday, when the general price
level plunged to the lowest since
late March. Since Tuesday prices
leveled off, for the most part stray
ing a point or less from the previ-
GUS close.
In Saturdays short session gains
outweighed losses and the price
average showed a slight advances.
Changes either way, though, were
mostly fractional.
Exceptions Listed.
Major exceptions were American
Il Foreign Power 81 and s6 pre-
ferreds, each of which dropped to
new lows for the year. The 81 issue
lost 81 at SIX and the $6 was down
81 at 4314.
The declines followed word that
several stockholders had appealed
q reorganization plan which had
been approved by Federal District
Court.
Volume amounted to only 100000
shares, a sizable decline from $4,000
traded a week ago. OF the ITO issues
which changed hands, 325 advanced
and 2l6 declined.
The market started off the week
on a steady footing. Some indus
trial stocks ran into heavy weather
but by and large 1t was pleasant
change from the previous weeks
dive.
New Lows Established.
On Tuesday another battering ram
hit the price list. Numerous new
lows for the year were established
and individual losses ranged from
/ to points. 1t was the last selling
Evening star., 1948-11-14

extra Of
Electric P PoVer com Common a. 80 % at % iss a ! " " " " " " " ~
Evening star., 1948-11-14
Full 5-Hour Sessions
Step Up Trading on
D. {. Stock Exchange
By Edword c. Stone

Trading on the Washington Stock
Exchange since the full five-hour
sessions were started on July Is has
shown astonishing expansion. a sur
vey reveals.
From July Is through November
II, sales in the full daily sessions
totaled 111.476 shares. A breakdown
of the figures discloses that 75,736
of these shares were traded in the
extended hours from 10 to II and
IL to 3.
About three times as many shares
changed hands during the long
trading periods as during the regu-
lar daily sessions from IL to IL
noon. Bernard j. Nees, president,
and other officials are elated over
the results of the innovation, which
have far exceeded all expectations.
The highest daily record since
five-hour sessions were adopted was
on September /, when sales totaled
ALSO shares. During the week just
ended nearly all the issues appeared
on the board, prices holding firm.
Adams Joins Marsh Staff.
L. w. Adams has been appointed
brokerage manager for the WASH
Evening star., 1948-11-14
Business Trends for Week
Woshinqton Stock Exchange
Nv The kssoeioted Press

tReport Compiled BY Eschan0e OncidlD
WARRINGTON STOCK EXCHANGE FOR YEAR 1e4s Up TO
FRIDAY, NOVEMBER L.
Evening star., 1948-11-14


Louis and came here in 1945 as q
freight representative in the traffo
department. His home is in Fair
lington, Va.
The Bank of Bethesda will be 20
years old on December /, the insti-
tuition having been opened in 1919.
Deposits are now well in excess Of
$40 900 900. S. Walter Bogley ~
president. In 1915 there was a blac-.-
smith shop on the banks present
locat ton, a banker recalled yester-
day.
Peoples Drug Sales Mount.
Net sales OF Peoples Drug Stores,
Inc, in the first R4ne months Of
1948 totaled $33,504 420, against $685.
255,008 in the like 1947 period,
Thomas N. Beavers, president. an.
nounced yesterday in an interim
report.
Cost of operations was heavier
this year, leaving an operating profit
of $1,487 800, compared with S2,12l,-
270 year ago. After all deductions
net income for the period ended
September 80 totaled $958,319, in
comparison with $l,370,507.
Earnings on the common stock
amounted to 1928 per share, against
$310 year ago. The company re-
ported total current assets of sl0,.
515,032 VS.. $10,381 ,488 in 1947.
Trust Manual Received Here.
Trust officers in Washington banks
are receiving copies of 74-page
Evening star., 1948-11-14

California bar For years he was Q
travelling auditor with a large pub
lie utility firm. His entire banking
career has been with the Bank Of
America, being vice president and
trust officer since 194l.
Capital Store Sales Slump.
Department store sales in the
Capital for the week ended Saturday.
November 6, were per cent lower
than in the like 1947 week and l
per cent under the previous week
this year, the Richmond Reserve
Bank reported. Sales In the four
weeks ending on the same date were
per cent ahead of last year. Sales
for the week in the Fifth District
were off per cent and 8 per cent
in the whole country.
Commercial loans in Washington
banks for the week ended November
3 were up $4,000 from the pre-
ceding week and real estate loans
were up $277,000, the Richmond
bank reported. Assets were of
slightly. Demand deposits made
the best showing, being up $4,133,000.
Time deposits were down $899, 900.
Insurance Leaders to Meet.
Harold J. Cummings, president Of
the Minnesota Mutual Life Insur-
ance Co., st. Paul. will address the
District Life Underwriters Associa-
tion at the Mayflower Hotel tomor-
row noon. He is expected to draw q
very large attendance. Announce
ment also will be made regarding
the formation of a Leaders Club by
Chairman Charles Haycroft.
Washington Chapter, National
Association of Cost Accountants,
will hold the November dinner
meeting Wednesday evening at the
Lafayette Hotel, with reception at
6 o'clock. The guest speaker will
be Sterling K. Atkinson. professor
of accounting at Temple University.
He will speak on Break Even
Analysis and It's Significance"
Housing Demand "Softens."
"The most urgent period of the
veterans housing needs is past"
T. B. King, Veterans Administra-
ton, told the United States Savings
and Loan League in New York. Il
do not imply that the shelter prob
lem is sold," he added But the
frantic stage of unparalleled mass
demand has softened."
The Washington delegates re-
turned yesterday, reporting a most
convention. League,
members pledged that a major por-
tior of their 1949 mortgage funds
would be used to build new homes
priced under $4,000.
Evening star., 1948-11-14

+IInit of trading, 10 Shares. banKfuptcy
or being reorganzed under the
Act or securities assumed by such companies Rates
II dividends in foregoing table are annual
nens based the last quarterly Or nr
dividends are included cid Called & DIVIDEND
iivdend Cash Dssarsd or paid .M. SO far ar
Payable p PIT s0cS ,s 1esr kasf on on
sdIlfsa0 ,sd aftsr soci dividend spup peelaTsd
srrear. diydsnd omitted 6sfe.rsd
4 Ira4S nsyabfs in 1919 Liaudating dividend. Pay
sbe In stock exact cash value undetermined on deeA
arstion date.
Evening star., 1948-11-14

thrust-for the week at least-by
investors and speculators who didn't t
like the Implications they unearthed
in the Truman victory.
Selling came from all quarters,
from the little investor and the big
time operator. Traders seemed to
be taking their cues from an
nouncements by q handful of ad-
ministration spokesmen who brought
out into the open some of the latent
fears created by the election results.
For instance:
Housing Expediter Tighe Woods
said he would ask the new Congress
for tighter rent controls for at least
another year.
Secretary of Labor Tobin called
the Truman victory a clear-cut
mandate for fiat repeal of Taft
Hartley legislation.
Investment Trusts Bog.
Noteworthy in this most recent
crackup was the quality of the buy
ing. Wall Street quarters said in
vestment trusts, usually considered
canny market operators, were adding
to their portfolios on the way down.
Foreign buying was also reported by
a leading exchange firm with over
seas connections.
And, possibly more important, a
lot of people bought stocks because
they figured election pessimism had
been carried too far.
On Wednesday the market dug in
and held its ground in the face OF
heavy offerings. More than 1000 600
shares of stock were traded in the
exchange but the price line barely
bulged. Wall Street claimed that
calmer view was being taken of the
political upset.
After the Thursday recess the
market slowed down and prices see
sawed in a narrow range
Evening star., 1948-11-14

HldIlud1, oUdu
Relations With
Trust Custom.
ers," by H. M.
Bardt, new pres
i d e n t of the
trust division Of
the ABA and q
t op official in
the B ank OF
America, S a n
Francisco.
The new ABA
o I fic ial Is q
native of New
York, university
~~a A,,afA
Evening star., 1948-11-14
Tobacco Markets

RICHMOND. Va. Nov. 10 UP.-Averass
prices for old belt. hue-cured tobacco
strengthened yesterday.
United States. Virginia and North Caro-
lima Departments Of Agriculture said gains,
in most instances, were from 81 to S3 per
hundred over Wednesdays quotations.
The quality of offerings remained almost
the same Bulk was common to good leaf.
low to good smoking leaf and good lugs.
Sales were fairly heavy.
Virginia Wednesday crossed Q total sale
of I,14S.2S4 pounds at an average OF
United States Department Of Agriculture
figures for Wednesday are as follows:
Evening star., 1948-11-14

@&o S
the Lincoln Ma
tional Life In
surance Co., 1t
was announced
y e S t e r day by
John D. Marsh
& Associates. A
native of Illinois,
he a t t e n d e d
Southern Illinois
Normal Univer-
sity at Carbon
dale. He was
with the Balti-
more & Ohio
r a ilr ad in
Houston and 81,
Evening star., 1948-11-23

present JOU. "'0""'
In spite of the many failures of
our diplomacy, particularly in
China, the President has the ut
most confidence in the ability of
his Secretary of State. Moreover,
he has found 1t impossible to select
an adequate successor to Gen. Mar
shall from among the names pre-
sented to him since November 3.
Objections Waved Aside.
He is said to have waved aside
already the objections of his party
minded political advisers, who con-
tend that Secretary Marshall did
nothing in the campaign and has
not even sent a token contribution
to the Democratic Party's fund.
To this criticism President Tru-
man is said to have replied that
the Secretary Of State is not a
party man." and that he has never
even suggested that Gen. Marshall
should come out slugging for his re-
election. Moreover, he added, Gen.
Marshall was busy with other mat
ters of far more vital Importance
for the Nation than the election
campaign.
President Truman sees eye to eye
with his Secretary OF State in al
most every phase of our interna-
tional relations and. according to
informants in a position to know,
Gen. Marshall now is becoming
aware that our conduct in China
has not achieved the objectiyes he
hoped for.
After the Moscow conference in
the spring of 1947 and the London
conference the following fall, Gen.
Marshall learned to say mo" with
Evening star., 1948-11-23
On the Other Hand
Profits of Largest Corporations
Coming Up for Study by Congress-

man and National Committee
Chairman McGrath that the excess
profits tax should be restored, but
he thinks it may be necessary tc
increase corporation income taxes.
During the campaign some of the
statisticians at Democratic head
quarters prepared a table on COL
poration incomes for the Presidents
information.
The figures were not used in the
campaign, but it is certain that, re-
vised and brought up to date. they
will be considered by the Ways and
Means Committee and the Finance
Committee when they get to work
on a new tax bill. Here are some
OF the things these tables reveal:
In the first quarter of this year
the largest industrial corporations,
those with assets of more than
$100, 100000, were receiving an aver
age return on investment OF 17.2
per cent. That was after taxes. For
bilC LOl pOI dJkCilS WltiA atsSSto Va ACcc
than $250,000 the rate was only 70
per cent. Generally speaking. the
larger the corporation, the larger
the return on its investment. One
explanation offered for this is
the monopoliStic or -monopol-
istic position occupied by some of
the industrial giants.
For the year 1947, the country's
largest chemical company had prof.
its, after taxes, Of sl36, ,000, 900, or l8
per cent on investment. (This is
the corporation. incidentally, whose
family name appears on so many
contribution checksD The
second largest chemical company
however, did even better, having
10 per cent return. The third largest
had only Is per cent.
Profits In Copper.
OF the copper mining companies,
the largest had profits Of $s2 900 ,000,
or 10 per cent. OF the copper re-
fining companies. the largest had q
Evening star., 1948-11-23

this bill, according to its opponents,
was that small income earners re-
ceived cash benefits amounting to
what they called peanuts, while
large income earners received cash
benefits running into the thousands
and tens of thousands OF dollars.
Another consequence apparently was
Mr.. Knutson's retirement from Con-
gress, after 30 years service. The
Democrat vino defeated him made
much OF the tax issue.
The tax boost that Representa- =
tive Knutson now has in mind,
however, does not concern personal
incomes, but corporation incomes.
"A number of large corporations" "
he told reporters, "are making too
much money"
George Seems to Share View.
Senator Walter F. George OF
Georgia, who is due to become chair
man of the Finance Committee,
the tax-writing committee OF the
Senate, seems to share Mr.. Knut-
sons view to some extent. He
doesn't agree with President Tru-
Evening star., 1948-11-23

early days of the Republic. In the
process, ancient timbefs, garnitures,
fixtures of historic interest must be
removed, many OF which cannot
be restored to the new structure.
ANY one who has had to deal with
the effects of famous personages or
homes Of historic interest realizes
that an immense monetary value
resides in things Of this character.
Devotees of the antique cherish
them for their age; others desire
them as souvenirs. In the case OF
the White House the usual values
would be trebled.
Stuff Must Be Stripped.
The amount Of stuff that must
be stripped from the White House
in order to remake 1t into q mod
ern fireproof structure is bound te
be considerable. 1t belongs to the
taxpayer theoretically: actually thu
President and Mrs. Truman will bs
called on to decide what Is to be
done, with 1t.
1t is being suggested. that these
historic materials should not be
turned into ordinary commercial
channels but should be used to prof.
it q national cause like the Ameri.
can Red Cross, q public health pro.
gram or one of the drives to help
children.
The Roosevelts did not hesitate
to use the White House as q spring
board to help victims of the IN.
fantile paralysis which had robbed
Mr.. Roosevelt of the use OF his
legs. Should President Truman de-
eide to turn the rebuilding of the