davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-10

to Woodward a. Lothrop's de-
partment store at Western and
Wisconsin avenues NV.
The total cost of the COM
pleted project viii be SIG mil
lion. based on today's building
costs. More than 1000 en-
ployes Of Government Employees
Insurance Co. and affiliated
companies will be involved in
the move.
The first structure viii be q
four. story building for which
Vincent @. Killing Of Philadel-
phia is the architect and the
contractor is the Turner Con-
struction Co. Due to the six
month delay in the construc-
ton, caused by uncertainty over
the location Of U. S. Route 240
coming in from Frederick, Md,
the company increased the
square feet Of space it will re-
quire in the first unit. Oficials
said that due to the accelerated
growth of the company, they
decided to increase the square
footage from the original 202,-
900 to 276,500.
Underwriters to Move
In addition to the three
Washington insurance firms,
the National Association of Life
Underwriters, now at 1900 H
street NV, a professional asso-
citation, plans to start work on
its new 81 million headquarters
here shortly.
The new structure will be
erected in the middle of the
block on c street, between
Twenty second and Twenty
third streets NV. Construc.
ton may start in August. Off
Gals said. The target date for
completion is in the fall of
1859.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-10
PEOPLE
IN
BUSINESS

Mems Clarke, a division OF
Vitro Corp. Of America, 919
Blair drive, Silver Spring.
Md. is distributing several
hundred copies Of a pamphlet.
Introduction to Outer Space, +"
prepared by the Presidents
Science Advisory Committee.
On July /. Frank L. Dennis.
former assistant managing
editor of the Post and director
of the Press and Publication
Service Of the United States
Information Service, will join
the American Petroleum In
stitute's Washington ONCE.
Jerry C. Cohen Of Handley
Motor Co., Inc, will attend the
Ford Merchandising School at
Ford Divisions headquarters in
Dearborn, Mich, beginning
June IS.
William M. King, jr., Of the
H. L. Rust Co., representatives
of the Aetna Casualty and
Surety Co. here, is attending a
special insurance course at the
company's home Office, Hart
ford, Conn.
IsidOr Brem and David Klein.
who head the Brem & Klein
agency here. attended the an
nual Presidents Club Conven-
ton of the General American
Life Insurance Co. at Sun VAL
ley, Idaho.
Robert P. TalIey, assistant
vice president and manager of
the Wheaton Office of the Bank
of Silver Spring, Silver Spring,
Nd, is attending the Graduate
School of Banking at Rutgers
University, New Brunswick,
IN. j.
Charles L. Ornstein, vice
president and general mana
ger of the Willard Hotel, an
nounced promotion of Howard
M. Jacobs to director of sales.
These four Washington in
surancemen, leading field rep
resentatives for the Mutual
Life Insurance Co. of New
York. attended the recent
business conference at San
Francisco: Paul H. Primm,
Kenneth N. Hammer, Norman
w. KamerOw and George w.
Senge, jr.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-10

The commission easily could
issue an interim report on ways
to improve the small business
financing structure in time for
action by Congress at the next
session.
Second. the personalities and
backgrounds of the men who
viii be serving on this commits
sion suggest they'll not willingly
retire to an ivory tower Of re-
search for as long as three
years.
While they're continuing in
full-time positions of their own.
Mr.. Neal estimates they'll give
the equivalent of at least two
full days a week to the COM
missions work. I know many
OF the men who will be on the
Monetary Commission; they
have strong convictions right
now on imperative refinements
OF economic controls; they'll
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-10
YOUR
MONEYS WORTH
~ SYLVIA PORTER
Monetary Commission Goes to Work
81 SYLVIA PORTER

win be completely independent
Of everybody. viii act on their
own. No one will influence
them or can speak for them. I"
What Mr.. Neal and I were
digging into was the recent
creation Of a 25-man National
Monetary Commission to make
the first through study of our
monetary system and financial
institutions in a half-century.
Although the vital need for
this probe has been recognized
for years, and in 1857 President
Eisenhower made a special plea
to Congress for the investiga-
ton, Congress defaulted on the
job. Last November. therefore,
the CED-a non-partisan or
ganization of $50 businessmen
and eduactors-took over.
Commission Organizing
With the assistance of the
Ford Foundation and others. it
created the commission. The
membership, under the chair
manship of Frazar B. Wilde,
president of the Connecticut
General Life Insurance Co. of
Hartford. has just been an
nounce6. Now the Is distin-
guished businessmen. bankers,
economists, Labor and agricul-
tural experts. are organizing
their research staff and are
ready to go to work on their
monumental task.
The more I think about it
the more it seems fantastic
luck that our financial system
has weathered this half-cen-
fury as well as it has.
When the last objective.
deep investigation of our mon
etary system and institutions
was undertaken in 1908, there
was no personal or corporation
income tax. -. Savings and
loan associations, pension
funds, ACKNOWLEDGEMENTS
mortgages, group insurance, So
cial security. the like, were un-
known. Huge finance COM
panies and a vast installment
debt structure were still to
come. The Nation had
no central banking system. no
Federal Reserve. Britain
dominated world trade. :.
Now, though, a potentially
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-10

now have more than 81 million
in their profit sharing trust
fund. At the close of the year
the company made a 1921, 662
contribution to the fund. The
National Bank of Washington
administers the fund.
Suburban Trust Announces
40 Cent Quarterly Dividend
T. Howard Duckett, chair
man of the board and of the
Executive Committee, Subur-
ban Trust Co.. announced at
the regularly quarterly dividend
of 40 cents a share was de-
clared. This is on the basis of
$1.60 annually.
The dividend is payable June
80 to stockholders of record at
the close of business, 2 pm,
June 10. The total involved
in the quarterly dividend is
SOC, 900.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-10

The story you're trying ia
get from me can't be told un-
til three years from now-late
1860 at the earliest" said Al
fred C. Neal. president of the
Committee for Economic De-
velopment.
Even then it shouldn't come
from me-" the brilliant, schol-
arly former vice president OF
the Federal Reserve Bank Of
Boston continued as I kept
probing for details. "The CED
has absolutely divorced itself
from the commission, nov
that it has been established,
The men on the commission
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-10
Big GEICo Project

The Government Employees
Insurance Co., now at Vermont
avenue and K street NV, hopes
to have the first stage of its
new development at Western
and Willard avenues, in nearby
Montgomery County. Md, just
over the District Line. ready
for occupancy by December.
1859. The first building will
have 276,5O0 square feet and
cost So million. President Lor-
inner A. Davidson explained the
overall plan eventually is to
have a total of 100000 square
feet of space for its home Of
fee on the 26-acre tract next
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-10
FOREIGN EXcH'GE

NEW YORK. June 10 fFa.-For-
eign exchange rates. Great Britain in
dollars, others in cents Unbalanced I'M
less otherwise notedl
Canadian dollar in New York open
market 3ls per cent premium or
t03. 1884, y. S. cents.
Europe: Great Britain (pound1
S2;sI 1872 on i: 30-day futures,
2. so / f32, OF Is; 9O-day futures.
. 10 9f32, of 3I32: Belgium tfrancl.
2.00ss; France (franc), .237s Of q
cent; Germany (Western) tdeutsche
mark. 1887: Holland guilderl. 263S:
Italy dira). 1914 OF a cent: Portugal
lescudo). $50: Sweden (kronal. 1884:
Switzerland ffrancl (free), 1894;
Denmark fkronel. 1850
2 40: Brazil Ifree), rs Of a cent. up
.02; Mexico. Sol; Venezuela tbolivar).
30 O3
Far East: Hong Kong dollar. 1855.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-10

AiiSuIdlCe 20. at 6l6 EOurteentn
street NV. viii move early next
month into a $3.50, 900 new
building at 5000 Wisconsin ave-
nue. NV. Some ITS employees
are involved, and the new
structure will be dedicated in
the fall. The architect is Leon
Chatelain, jr.y president of the
American Institute of Archi-
tects, and the contractor the
Joseph F. Nobel Co.
About a year hence, the
Peoples Life Insurance Co.,
now at 1343 H street NV,
plans to move into it's new
building at New Hampshire
avenue, between F. and G
streets N. w. in Foggy Bottom,
President Samuel w. Hauser
said. The structural iron work
is now rising above the skyline
there. This building will cost
SO million. The architects are
Mills. Petticord g. Mills, and
Charles H. Tompkins Co. is the
contractor. About 275 employees
Of the insurance company will
be moved to the new head
quarters.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-10
Suburban Trust Announces
Accent Quarterly Dividend
Columbia Federal Extends
Duties of Joseph p. Burke

President Clarence E. Ke-
fauver, ST., of the Columbia
Federal Savings & Loan Asso-
citation, today announced
Joseph P. Burke, jr., wise presi-
dent, in addition to his other
duties, will now handle public
relations and be in charge OF
branch operations.
Mr.. Burke has just finished
his term as president of the
District of Columbia Savings
& Loan League.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-10

be reading decisions a. the
months roll on.
Repeatedly, this commission
has been likened to the Aldrich
Commission Of 1908 = which
spanked the formation Of the
Federal Reserve System in 1918.
I hope it is q valid comparison.
If this commission lives UP
to its potentialities its work
will lead us to greater control
over our economic destiny than
ever before.
Distributed 1858, By The Hail
Syndicate Inc, All RiEhts reserved.l
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-10
Perpetual Building Drops
To Fourth Place in Nation

The Federal Savings and
Loan Insurance Corp. said to-
day in a Nationwide analysis
that Perpetual Building Asso-
citation here has dropped from
third to fourth place in asset
rank. The 1857 total assets of
the association were $258.901.-
900 against 240,366,000 for
1856.
Third place has now been
taken by the Twin City Fed
eral Savings & Loan Associa-
ton, Minneapolis, with 1857
assets of $276.984.000.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-10

historic commission Is in exist
ence and the probe Is to be
started at last.
But now. on the timing for
action. I enter a strong dissent.
Long before late l960-6l, the
commission should be, and
think it win be. making major
headlines. And here's why.
First. some problems and
challenges won't wait for a So
luton until 1861 and they don't
have to wait.
There isn't a serious observer
who doesn't recognize and worry
about the problems Of sound,
adequate financing Of small
business. The evidence is in
disputable that financing of
small business is a great gap
in the credit system.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-06-10
''s 3 BUSINESS
3D.C. Insurance Firms
Plan New Buildings
BY WILLIAM A. MILLEN
Star stan Writer

survey today showed three companies whose
home ohces are downtown within few blocks Of each
ally total $21 25OOOO
In the new lineup they will be scattered different parts
OF the city President Charles Phillips Equitable Life
, 1958-12-19
Classification

Code Classification Payro
Abattoirs S 400
2 Agricultural, Observation-Disclosures lbs
3 Agricultural, Field laborers, Drivers, Over
seers & Others (not otherwise classified rs
4 Aircraft terminal operations rs
5 Automobile Repair Shops Loo
6 Bakeries rs
Z Bars, Beergardens & Taverns so
8 B~lacksmithing 90
9 Boating : Captains & Seamen lbs
10 Boiler Inspections & Repairs 100
II Bottling .85
II Building material dealers lOO
Is Building, Raising or moving ESQ
IA Building, Maintenance of so
Is Butchering LOU
16 Carpentry General 1.5O
II Carpentry shop only LOO
IS Chauffeurs and Helpers rs
10 Clerical Office Employees .05
20 Coal Dock Operations 200
81 Concrete Block Making 100
% Construction, Concrete & Wood 1.5O
% Dental Offices 10
"a Distilleries i 100
25 Dressmaking or Tailoring 20
rs Drug Stores so
q Domestic Services 100
% Dynamiting or Blasting 500
90 Electric Light & Power Companies 200
80 Electric Light, Power Line Construction
and Repairs 300
81 Electric Apparatus Installation or Repairs l.5O
80 Electric wiring. inside IS
SO Fire Corps 100
"a Fishing $50
IS Freight Handlers (not Stevedores) LIS
&c Gasoline Stations rs
81 Hair Dressing & Tonsorial services %
38 Hospital Employees, Professional & Clerical 40
80 Hospital Employees, Other so
40 Hotels 80
All Ice Cream Manufacture 100
AZ Ice Manufacturing & Refrigeration Plants 1.5G
43 Iron or Steel Erection ZOO
IA Jetty Construction 300
As Jockeys Riders Of Race Horses and
Donkeys) 1000
46 Laundries so
Az Machine Shops 1.50
48 Managers, Estates so
40 Manufacturing, Hand Operations .35
RATES FOR HAZARDS NOT SPECIFIED HEREIN
r-r1xy - r01r1yT e ~.
, 1958-12-19
Classification

OQG IlaSS1QcauOn FdVGOl
so Manufacturing, Machine Operations S 100
81 Marine Divers 500
So Masonry 100
So .Millwright Work 100
81 Municipal Employees mot otherwise
c~lassifed) .25
SIS Operators, Agricultural, Machinery
and Equipment 400
Sc Ore Docks Operations 800
81 Packing Plants fruits and Vegetables) 100
So Painting LOO
SO Pasturemen & Cattle handlers ESQ
go Photography .35
81 Pile Driving 400
81 Plumbing 100
So Policemen & other employees 100
GA Printing & Publishing 80
65 Public Works employees 200
Sc rQuarries 300
81 Roofing 200
Sc Statesmen, Collectors and Messengers 20
SO Sailmakers and Handymen rs
70 Sand or Gravel Digging $50
II School Teachers .O5
Y School Employees, Other so
70 Sewer Construction 400
"a Sheet Metal Work 100
Is Ship Chambers go
rs S~hipWright Work 1.50
Y ~Silversmith, Goldsmiths and Jewellers ESQ
70 oteVedorlng 300
70 Stone Crushing 800
30 Stores, Wholesale and Retail 40.
81 Street Grading, Excavating Filling ZOO
80 Street paving, Scraping $50
SO Sugar Bagging Weighing Its
81 Sugar, Boiling house workers 800
50 Sugar, Furnace attendants 800
IS Sugar, Gangway workers ESQ
81 Sugar, Mill workers $50
88 Sugar, employees mot otherwise classiied) rs
80 Surveyor, Rodmen' & Laborers so
go Tally Clerks so
81 Telephone, Telegraph & Radio OF
90 Telephone Telegraph and Radio outside 100
go Theatres, Auditoriums, Dance Halls, Etc. SO
"a Trucking Drivers and Assistants ESQ
95 Trucking : Timekeepers rs
SO Welding Electric, Acety1ene 200
81 Wheelwrights rs
SO Watchmen, General rs
FURNISHED UPON APPLICATION THEREFOR.
Custodian Government Insurance E1pd
, 1958-12-19

ruant to Section 28 and 2e Of Title 40 tie Virgin ISLANDS, Code the following dasfdas and penbm
have been fixed for okmens Compensation Insurance with h Government INSURANCE Fund within the
, 1958-12-19

{ Workmen's Compensation under |
, 1958-12-19
, Government Insurance Fund

PERCY DE JoNGE. Commissioner Of Finance and Custodian, Coy
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-04-20
extra rde pleated, 80 inches to the pair no seams
one pair iCiH cOrer a 612 fl. area
So" long pr.

peoed 80" wide TO the poir seam. 90" long 1899
peoted $50" wide to poir, seam. s." ons--24.99 pr
peoted l50'wide TO poir. seam, 90" Ions--29.99 pr
Now you have woowo doperes without the expense
having them specially model single por without peoed
80 inches wide the po will oke of ga feet WIDE
wider dropees with exo-wde windows They're
textured Fbe9ose the wonder fabric you wash costly
hang them to dry and presto minutes oer they're beck
your windows! Three handsome bIocktone prints
ACKNOWLEDGEMENTS Washngton Floor;
Langley Park, Md,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-09-28

5-Crowded Out. Special.
Tit Is Written. Religion.
9-Lourel and Hardy, Kids,
1870
5-Georsetown Univ. Forum.
Middle Eost Perspectiyes."
Guests: Or. Hishom Shorobi. Dr..
Lev Dobrionsky, Or. Jules DoYids.
This We Believe. Religion
9-city Side. Interview.
Guests: De Witt s. Hyde, Re-
publican; John Foley, Demo-
crot condidotes for the MoY-
Iond 9th district.
100
5-TV Readers Digest.
7-ceIebrity Porode.
Guests; Mark Sullivan. IT,; Joy
cormody. stor's dromo critic;
Dean Calvin Linton. George
Washington University.
9-FootbolI Kickoff.
Selected football hiehIiohts.
I:1S
9-Pre-Game Press conf'r'nee.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1958-09-28
SUNDAY
$50

1850
5-Hond TO Heaven. Uhrio.
7-coIIese News Conference.
Guest: V. K krlshno Menon,
Indio's Ambassador to the v. N.
9-Pro FootbolI Game.
Washington Redskins vs.. PhiIo-
delphio Eooles Of Philodslphia.
jim Gibbons. Eddie 0olIohsf re-
porting,
600
5-Sundoy Movie.
Ia Hours. Where Danger
Lives" 1850. Robert Mitehum,
CIoude Roins.
7-John Woyne Theoter.
! Hour. "Sonto Fe Stompede."
1888. John Wayne.
500
7-Sunday MGtinee. Movie.
! Hour. "Asriol Gunner" 1913.
Richard Arlen.
Sunday Listinss Continued Next Psss
, 1958-08-09

S140, 900 was taken out to pay for
the operation of this Federal
Agency. This means that every
year the Virgin Islands Govern
ment loses not only the $40, 900
that is charged for Customs opera
tons, but an additional $140,0 900
that is lost in MATCHING
FUNDS" In other words, every
year the Virgin Islands Govern
ment which certainly can find
GOOD use for additional revenues
loses $280,00 because we must
put up the tab; we must pay for
the operation of this Federal
Agency.
Senator Ottley failed to tell you
that there was a bill before the
CONGRESS of theI United States
which was on the Consent Calen-
dar d ue for passage and which
would have completely eliminat-
ed Customs in the Virgin Islands
sixty (60) days after it was
passed. Senator Ottley fails to
tell you that it was the Free Port
Committee rather than sit down
in the Virgin Islands and wiring
its hands doing nothing, that took
immediate action, went to Wash
ington and was able to get a firm
commitment from the Treasury
Department, that in the event our
> Continued on page 81
, 1958-08-09
S. Submarine
"Nuutilus Soils
Under North Pole

The United States nuclear-
powered submarine, "Nauti-
lus," the worlds first, made
history when it crossed from
the Pacific to Atlantic under
the North Pole ice pack in
ninety-six hours. The vessel
went down as low as 1910
feet, which is 1927 feet deeper
than any oceanographer pre-
viously had computed. The
ice in some places was fifty
feet thick,
Commander w. r. Anderson
left his ship at Greenland and
Continued on page A
==
, 1958-08-09
Spec. MucBeun Visits
Center in
Bdvdridn Alps

Berchtesgaden, Germany 49,
Specialist Five Euclid E. Mac
Bean, son of Mrs. Chrystalia
Christian, St. Thomas, recent
ly spent a three-day pass at
the Army recreation center at
Berchtesgaden in Germany's
Ravarian Alps.
Specialist MacBean is a tank
Continued on page ~
, 1958-08-09
Senator de Lugo said:

Senator de Lugo said:
Ladies and gentlemen. tonight
I would like to speak to you re-
garding statements which were
made by Senator Earl Ottley, on
Thursday morning, August Z,
during his program Earl Ottley's
Journal" Statements which / con-
slider to be untrue, designed to
create confusion and harmful to
the best interest of the People Of
the Virgin Islands.
AS YOU know, during the re-
cent session of the Legislature OF
the Virgin Islands, the Legisla-
ture unanimously adopted a reso-
luton to study the business of
declaring the Virgin Islands "A
Free Port" It was my honor to be
selected as Chairman of this Com
mittee, and it was my RESPONSE
bility as Chairman of this Com
mittee to carry out the task that
was ASSIGNED to the Committee
by my fellow Senators. This with
the aid of the other members OF
the Free Port Committee | have
endeavored to do to the very best
IF nv ability.
Senator Ott1ey has over the
years acquired the reputation OF
man who finds fault with almost
everything that is done but hard
w ever does anything to correct
the situation. Senator Ottley and
r'ho~ rc~conr for reasons best
known only to themselves make
q lot of the fact that Customs in
the Virgin Islands this year
turned over $685. 900 to the Virgin
Islands Government. This how
ever is only a portion OF the
money that is collected by Gus
toms in the Virgin Islands. Sena-
tor Ottley says nothing about the
mere than $4,000 that is kept
by Customs to. pay for its opera
tions ir the Virgin Islands. In
other words ladies and gentlemen.
The Virgin Islands Government
is for all intents and purposes
paying for the operation of a Fed
eral Agency over which it has no
jurisdiction. The $4,000 that is
retained by Customs every year is
used to pay not only salaries, but
also stationery and equipment
in fact for the entire operation OF
Customs in the Virgin Islands. In
ether words, although Customs
collected $435, 600 in the Virgin
Islands last year, only $295,000 OF
that money was turned over to
the Virgin Islands Government.
, 1958-08-09
II ulth Department
Ticking Measures
Against Smdll Pox
U. N. Secretary Gen.
Offers Plun for
Middle Eust Peuce

Official reports have been Dag Hanmarskjold, Secre-
received by. the Office of the tary General of the United
Commissioner Of Health, that Nations has revealed a plan
several cases of smallpox oc- for the insurance of peace in
Cured on the island of Saint the Middle East and has
Vincent, British West Indies. called on the Arab states to
Inasmuch as there is a large adhere to pledges of nom
amount of commerce existing aggression and non-interven-
between these islands, this ton in each others affairs.
community is being potent The Secretary General also
ally infected by this disease. called on the world powers to
1t has been rumored also that recognize the desire Of the
a few cases of smallpox were Mid East nations for indepen-
diagnosed in Puerto Rico. Al dence and to shape their own
though this is unconfrmed, all destinies.
n11blio honlth ofGonrc IN tho
, 1958-08-09
Of Crjrkatere
Nevis Arrive in
Thomus for Series

A team of cricketers from
Nevis, British West Indies, ar
rived in St Thomas today for
a four game series with local
cricketers. There were sixteen
players.
The first will be opened at
II o'clock tomorrow at Smiths
Bay. Another game will be
played on Monday.
st. Thomas best eleven
Continued on page Al
, 1958-08-09
Caribbean Comm.
= 4. Hoe Committee
Ends It's Discussions

Port of Spain After two
weeks of discussion and joint
effort on its agenda, the Ad
Hoe Committee for the Revi-
sion of the Agreement for the
Establishment of the Carib-
bean Commission concluded
its meeting on Monday, August
4, and delegates and advisers
have returned home.
AS a result of this meeting,
the draft of an agreement. set
ting up a successor organiza-
ton to the Commission has
been drawn up for submission
to the Governments concerned
with a view to its subsequent
submission as : basic docu-
ment for a Revision Confer
ence to be held in Trinidad in
November.
In addition, the meeting
prepared budget estimates,
and suggested apportionment
of costs, for the proposed or
ganization; drew up Rules of
Procedure for the Revision
Conference; and discussed in
full the various problems re-
Continued on page A.
, 1958-08-09
SEN. R. DEGUGO REPLIES TO STATEMENT
OF SEN. OTTEY ON FREE PORT STATUS

Senator Ron de Lugo delivered an address over Radio
Station WIN in which ne replied to charges made over a
1ooal radio station by Senator Earle .Ottley regarding Virgin
Islands Free Port"
, 1958-08-09

public health officers in the
area of Puerto Rico and the
Virgin Islands have been alert
Confined on page A